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Welcome to The E-Sylum: Volume 7, Number 26, June 28, 2004: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2004, The Numismatic Bibliomania Society. LAKE BOOKS SALE #75 Fred Lake writes: "Lake Books announces that its sale #75 is now available for viewing at: Current Sale The sale contains 491 lots of fine numismatic reference material covering a wide variety of subjects. The U.S. section features Bowers & Ruddy (Merena) sale catalogs hardbound by year, a nice run of Thomas Elder emissions and many of W.Elliot Woodward sales. The hard to find two-volume set of Dave Bowers' Silver Dollars & Trade Dollars in mint condition is offered and the very scarce Empire Investors Report in original copies is listed. Early Copper specialists will find books by Sheldon, Noyes, Lapp, Jack Robinson, etc. to add to their libraries. Ancient coinage, Token & Medal works, Paper Money and Guidebooks are also to be found. Books relating to treasure coinage, banking histories are listed in the miscellaneous section. The sale has a closing date of July 27, 2004. Bids may be entered by email, fax, telephone or via U.S. Mail." INCREASING NBS MEMBERSHIP ROLLS David M. Sundman of Littleton Coin Co., Inc., writes: "I read with interest the recent report that "there were still more than 100 former members who have not renewed for the current year. For many years I was a member of the NBS, and mysteriously to me, about a year ago I discovered I wasn't receiving The Asylum. I had my assistant Melissa Plasencia check into this, and was shocked to discover that the notice appeared in a certain issue of The Asylum. As I don't read each issue-but save them all, I eventually discovered the problem of my lapsed membership when I found I was missing some issues. From my experience managing a coin business with more than 150,000 active customers employing 325 staff, I can advise you that there is a direct link between the declining membership of the Numismatic Bibliomania Society and the current renewal request technique. If I used such hidden message as you are using to retain customers, I wouldn't be able to afford the computer to send you this email. Personally, I believe the NBS's present method of renewal is crazy. It may make things easy for the NBS - but it does not make it easy for the NBS member? thus your high dropout rate. I doubt that any for-profit publication would run their renewal effort this way as it is guaranteed to increase your discontinued rate because you have made it difficult for the member/subscriber. The NBS should do a separate renewal mailing, just as all publications do. Even though it adds a little to the expense side, it is the only way you are going to grow the organization membership." Numismatic Bibliomania Society President Pete Smith writes: "Thank you for your comments. We have had general discussion about our renewal process at board meetings but no uniform policy. Each of the Secretary/Treasurers on our board has handled the process differently with varied emphasis on e-mail notification, Asylum notification and letters. It is obvious that we need to do more. We will discuss this again at our board meeting in Pittsburgh." NBS LIFE MEMBERSHIP One way to bypass the membership renewal process is to become a Life Member. It's been a while since we mentioned this option in The E-Sylum, so here goes. According to the NBS constitution, Life Members are members who pay 20 years of regular membership dues in full in advance. At our current rate of $15 per year to addresses in North America, this equates to $300. See the next item for our Secretary- Treasurer's address. 25TH ANNIVERSARY ISSUE DEADLINE APPROACHING Asylum Editor E. Tomlinson Fort writes: "As has been stated here over the past few weeks, July 1 is the deadline for those who want to join the NBS or renew their membership in order to receive our special 25th anniversary issue this summer. The application for can be found at coinbooks.org and send it along with a cheque for $15 ($20 outside the US) to our treasurer [see below] In more Asylum news: The Spring issue is at the printer and should be in the post within a fortnight or so. Believe it or not, work on the Summer issue has been proceeding according to schedule. It is hoped that it will be on its way to the printer after the July 4 weekend." W. David Perkins NBS Secretary-Treasurer, P.O. Box 3888, Littleton, CO 80161-3888. email address: wdperki at attglobal.net POLITICS, NUMISMATICS & THE E-SYLUM From last week's E-Sylum: "Illustrating the divisions that surround Reagan's legacy is the following note ..." Warner Talso writes: "I suggest you keep political diatribes out of the E-Sylum. I understand how you justify this "illustration", but this is truly a slippery slope." Myron Xenos writes: "Sunday nights always afford me a chance to gain some more numismatic knowledge, thanks to The E-sylum. This Sunday, however, disturbed me more than a little. I refer to the posthumous denigration of Pres. Ronald Reagan. I would like to take this opportunity to suggest to the readers and contributors to The E-Sylum that this seems like an inappropriate forum in which to vent one's political persuasions. It would seem that "Letters to the Editor" in such newspapers as Numismatic News or Coin World would be a more useful venue. It would be a shame to turn The E-Sylum into a political opinion column and cause it to lose its novel approach to disseminating information literally world-wide. Even the writings of some of our esteemed authors and writers lose their punch when political agendas rear their heads, especially prior to elections. I would prefer to keep The E-Sylum more narrowly defined in its goal of numismatic truth." [I very rarely turn down any submission, and in the past have published opinions from both sides of the political fence, as long as there was a connection, preferably numismatic, to an ongoing discussion. Having just discussed several proposals for honoring Reagan, I didn't feel it would be out of line to include a short opinion from the opposite camp. Editing things out is just as slippery a slope as leaving certain things in - it is difficult to know where to draw the line and inevitably some party will feel wronged. Publishing any plan to honor a public figure is almost guaranteed to generate a counter from the opposite camp. Should we have not published the several Reagan proposals in the first place? That doesn't feel right, either. Any coinage proposal is fair game. The majority of our writers self-censor their comments, making such decisions unnecessary. This is certainly what I prefer, as dealing with political issues is nothing I have the time or patience for. So please, let's heed Warner and Myron's advice and keep our comments focused on numismatics. Thank you. -Editor] MEDAL OF FREEDOM AWARDS Now here's a headline President Reagan would have been shocked to read: "Medal for President Hinckley is 94th birthday present" "It comes from Utah's Deseret Morning News and the Hinckley mentioned is not Reagan's would-be assassin (whose last name is spelled differently), but Mormon Church President Gordon B. Hinckley, who "received a rare gift for his 94th birthday Wednesday - a Presidential Medal of Freedom, the nation's highest civilian award." "He was one of 13 recipients honored at an East Room ceremony. Others included such people as Pope John Paul II (who received his medal recently when Bush visited the Vatican), golfer Arnold Palmer, actress Rita Moreno, cosmetics company founder Estee Lauder and National Geographic Society chairman Gilbert M. Grosvenor. "President Hinckley, smiling and walking briskly, joked with Bush as he placed the gold medal around his neck. When President Hinckley was asked later what the two said, he responded, "I was so awestruck that I can't remember what he said." "To show how much the treatment of his church has improved since early persecution, President Hinckley contrasted his high honor Wednesday with how Joseph Smith, the first president of the church, was treated when he visited Martin Van Buren in the White House in 1839. "They came here to plead the case for our people who had been despoiled and persecuted and driven, and were turned down by President Van Buren - who said, 'If I help you, I will lose the state of Missouri,' and rebuffed him." "The Medal of Freedom was established by President Truman in 1945 to recognize civilians for their service in World War II. It was reinstated by President Kennedy in 1963 to honor distinguished service. Past winners include former U.S. presidents Carter, Ford and Reagan; current Secretary of State Colin Powell (who attended the ceremony Wednesday); former South African president Nelson Mandela; civil rights activist Jesse Jackson; and former Czech President Vaclav Havel." Full Article [This web site has more information on the Medal of Freedom: medaloffreedom.com. -Editor] NBS SILVER ANNIVERSARY MEDAL? Adrián González Salinas of Monterrey, N.L. México writes: "As always, I enjoy reading The E-Sylum every Monday morning. It's a superb electronic publication! In accordance with NBS' 25th Anniversary I would like to suggest the possibility to manage the striking of a commemorative medal about this important fact. The medal could be rectangular or square with The Asylum Vol. 1 No. 1 cover in the obverse. On the reverse could be the names of the founders, for example. This medal could produces some funds for our Society. It would be interesting to know the reader's comments." LAST CALL FOR CATALOGUE CENSUS Karl Moulton writes: "This is the LAST CALL for submitting your 19th century American auction catalogues for the census that is being conducted by the NBS. There has been a good response so far, considering that this is the first attempt at such a compilation. Unfortunately, there are several large, privately held libraries that haven't been able to respond for various reasons. However, the results, which are to be published in The Asylum, should be a nice guideline for those interested in knowing the numbers of these catalogues still extant. Question: where did all of the nearly 5,000 Wylie hoard catalogues end up? For further information, please contact Karl Moulton at numiscats at aol.com." NEW "SMALL CHANGE" MONOGRAPHS PUBLISHED Paul Withers writes: "We have again been busy writing and our laser-printer has been working overtime. This week sees the publication of two more monographs in our 'Small Change' series. IV The Halfpennies and Farthings of Edward IV to Henry VII V The Small Silver of Henry VIII to the Commonwealth Vol VI, Irish Small Silver John to Edward VI was published a short while back. The cost is 12 GBP per vol. For those collectors of the British hammered coin series in the USA who want copies this equates to 26 US$ for one, 50 US$ for two. We accept US personal cheques. Further details from our website: galata.co.uk We are currently working on Scottish silver coins that are smaller than a penny - Alexander III to James III, so if you have anything unusual or interesting, do let us know - and send us a nice clear image or scan." CANADIAN MINT PRESENTS GOLD BAR This week The Royal Canadian Mint donated a gold bar to the Canadian Cancer Society: "The Royal Canadian Mint presented a gold bar worth $72,924 to the Canadian Cancer Society yesterday at its historic Sussex Drive headquarters. The donation represents the portion of the proceeds pledged from the sales of the Mint's 2003 Golden Daffodil Coin." "The Mint donated $2 from every 2003 Golden Daffodil coin sold to support the Society's five priorities - prevention, advocacy, research, information and support." [The coin is a proof silver 50 cent piece with a mintage of 55,000. Interestingly, the coin's designer is Royal Canadian Mint Engraver Christie Paquet, who bears the same last name as U.S. Mint engraver Anthony C. Paquet. Is anyone aware of a family connection between the two? -Editor] To read the full story, complete with images, see: Full Article 'SC, OTHER SIGNATURE ABBREVIATIONS REVEALED Last week Art Tobias questioned what the "Sc" in "W.L.Ormsby Sc. N Y" stands for. Boy, did he ever come to the right place for an answer. Arthur Shippee writes: "Sc N.Y. suggests to me Schenectady" That's a plausible explanation, but there's another more likely answer. Ken Barr was among the first to discover it with a clever Internet search. He writes: "Let me be one of presumably many to report that ... Sc. or Sculp. Sculpsit, He engraved it. Source: Source "sc." by itself was too broad a Google search term, so I "cheated" by searching for "sc. fecit", figgering that the two terms were related ..." Wendell Wolka writes: "Some terms referring to the engraver or etcher, the craftsman who created the printed image: "f., fec., fect., fecit., fac., faciebat: made by or did. Aquatinta fecit: engraved in aquatint by. Lith., litho., lithog: lithographed by. Sc., sculp., sculpsit., sculpt: carved or engraved. Exc., exct., excudit: struck out or made. " Early bank note engravers used both "Sc" or "fct". So "W.L. Ormsby Sc. NY" would be the equivalent of saying "Engraved by W.L. Ormsby New York". print_terms.html" Dave Bowers writes: "Sc = Sculpsit, in this case, "engraved it." Ormsby made transfer rolls (as used in the siderographic process for bank notes) with RAISED designs on them, which were then transferred by Colt to the firearms." Alan V. Weinberg, Gene Hessler and Joe Boling also submitted "Sculpsit" as the answer. Dick Johnson writes: "Art Tobias should have asked any medalist (or medal collector!) worth his salt the meaning of "Sc." This abbreviation is among seven such abbreviations found on, ironically, both paper engravings and medallic engraving. "Sc" means "sculpsit" Latin for he (or she) sculpted it or made it. Medalists are familiar with this and the other six abbreviations. The most common is "Fecit" or simply "F" after a name, very similar to Sc, it means he (or she) did it (or made it, or created it). Others are "Del" or "Des" meaning delineated it (as a rough sketch) and designed it (a sketch with most all details). Both of these are further abbreviated as "D" and obviously you do not know which abbreviation was intended, but "designed it" covers it. More obscure are "Inv" Latin for invenit, the person who invented or created it, and "Inc" Latin for incisit, the executor of the design. Most rare is "Mod" the person who models the relief, Latin modellavit. Obviously you won't find this on flat engraving, as for paper money (unless it was copied from a relief), but it has appeared on medals. Most numismatists mispronounce "fecit." It is notable for appearing on certain U.S. coins. Gobrecht signed his1836 Seated Liberty silver dollar with both "F" and "Fec" after his name on the base of the obverse device or below. Unknowing collectors say something like 'fek-it" or "fac-it." The correct pronunciation is "FEE-sit." Among medallic sculptors, they chide each other by referring to fecit as "faked it." As "Hey Bill I see you signed your model Jones Faked It!" Perhaps you could chide a fellow sculptor, but NOT a superior artist. I can't imagine anyone saying that to August St-Gaudens or Adolph Weinman. That should answer Art Tobias question about "W.L. Ormsby Sc N Y" and explain what "Sc" stands for. But, tell me, what does that strange "N Y" stand for?" MOTTO QUIZ ANSWER Last week we asked who was the person who first suggested the slogan, "In God We Trust" for U.S. coinage. The bonus question was, "in what publication was this fact first documented?" So far, there has been no response to the bonus question. As for the main question, Ray Williams writes: "The answer to your question is a minister from Pennsylvania, M. R. Watkinson on November 13, 1861. Those were truly troubled times in our history!" David Ganz writes: "From the records of the Treasury Department, it appears that the first suggestion of the recognition of the Deity on the coins of the United States was contained in a letter addressed to the Secretary of the Treasury, Hon. Salmon P. Chase, by the Rev. M. R. Watkinson, Minister of the Gospel, Ridleyville, Pa., under date of November 13, 1861. "One fact touching our currency has hitherto been seriously overlooked, I mean the recognition of the Almighty God in some form in our coins," Rev. Watkinson wrote to Secretary Chase. "You are probably a Christian. What if our Republic were now shattered beyond reconstruction? Would not the antiquaries of succeeding centuries rightly reason from our past that we were a heathen nation? What I propose is that instead of the goddess of liberty we shall have next inside the 13 stars a ring inscribed with the words "perpetual union"; within this ring the allseeing eye, crowned with a halo; beneath this eye the American flag, bearing in its field stars equal to the number of the States united; in the folds of the bars the words "God, liberty, law." This would make a beautiful coin, to which no possible citizen could object. This would relieve us from the ignominy of heathenism. This would place us openly under the Divine protection we have personally claimed. "From my heart I have felt our national shame in disowning God as not the least of our present national disasters. To you first I address a subject that must be agitated," he concluded. A week later, on November 20, 1861, Secretary Chase wrote to James Pollock, the Director of the Mint, "No nation can be strong except in the strength of God, or safe except in His defense. The trust of our people in God should be declared on our national coins." He concluded with a mandate: "You will cause a device to be prepared without unnecessary delay with a motto expressing in the fewest and tersest words possible this national recognition." [For more information, see my own web site: ingodwetrust.html -Editor] Gene Hessler writes: "Regarding the use of "In God We Trust" on coins, readers might be interested in an article I wrote for PAPER MONEY in 1978: Precursors of the Motto "In God We Trust." "God and our Right," and "In God is our Trust" were used on some interest-bearing treasury notes and compound interest treasury notes during the Civil War. Although not authorized for use on paper money until 1957, "In God We Trust" appears on the back of the $5 silver certificate, Series 1986. The reverse of the Morgan silver dollar is part of the design with "In God We Trust" clearly visible." COUNTERFEITS OF CURRENT COINS SEEN AGAIN? Arthur Shippee reported the following item from The Ethicist, a column in the latest New York Times Magazine: Q: "I have a counterfeit quarter. I don't know where I picked it up, but it is obviously fake. Spending it would be wrong. It is hard to imagine the police taking an interest in it, so I have not reported it. But maybe this reluctance to report a fake 25-cent piece is why counterfeiters coin quarters in the first place. Can you solve my two-bit problem?" A: "It would not be honorable either to spend the fake or to pass it along to another sucker. If someone steals my TV, I may not replace it by burgling the house next door. But I'm with you: the intriguing question is, Who would bother to counterfeit a quarter? In your place, I'd have it mounted and framed, a monument to the grotesque squandering of human ingenuity (you know, like prime-time TV). Curiously, I have witnessed the shadowy world of the counterfeit quarter. When I was a teenager, I took a metal- shop class where we were taught sand-casting, which for the timid majority like me meant pressing a wooden plaque into a box of sand, removing it and then pouring molten aluminum into the impression it left. The result: an aluminum plaque that said -- if memory serves, and it doesn't -- ''Say No to Books'' or ''Drugs Are Fundamental'' or something. A friend of mine, taking metal shop at a nearby junior high school, instead pressed quarters into the damp sand and used his aluminum knockoffs to buy lunch in the cafeteria. His life of crime lasted about three days. But we were all impressed when Treasury agents came to the cafeteria and hauled him away. Ah, school days." To read the full article, see: Full Article WHAT TO DO WITH THE LINCOLN CENT IN 2009? Dick Johnson writes: "The Lincoln Bicentennial Commission in Washington met on June 7th and announced last week they would like the Mint to do something special with the Lincoln Cent in 2009 -- Lincoln's 200th birth anniversary (and centennial of the Lincoln Cent, don't forget). They would like a special reverse change, even several designs made for the anniversary year (retaining Victor Brenner's obverse!). Michael F. Bishop, spokesman, said this "could include three or four different designs .. reflecting different significant themes or locations in Lincoln's life." The commission also said it would like to see the color of the cent changed for that year. [That's easy! Instead of copper clad zinc, used at present, formulate the two metals into yellow-brass using the same two metals. The composition, weight, diameter, specific gravity would all be the same. Only color and surface resistively would be different! It should present NO problems of rolling the strip stock, blanking, upsetting or striking, because of the similarity of the two alloys. The same suppliers of blanks could be used and the cost should be nearly the same in the quantity needed.] The commission meets next on September 20th. Any ideas, E-Sylum readers? Email the Commission at: ALincBi-Comm at loc.gov. Their website: http://www.lincolnbicentennial.gov FOOD STAMP PHASEOUT One sideline of certain token collectors are food stamps and food stamp change tokens. In the U.S. token section of my library is a June 1980 fixed price list by Paul Cunningham containing an article by Neil Shafer titled "Food Stamp Tokens" These came into use after 1939 when the U.S. government created the original Food Stamp Plan. Recipients could buy food stamps at a discount or receive some free. Grocers were required to accept the stamps but could not give out cash in change - they were required to provide change substitutes that could only be redeemed for food. The program went through several changes and in 1978 it was decided to allow merchants to use regular coins as change. In the meantime a large number of food stamp change substitutes were created and issued by grocers in towns all across the country. Can any of our readers tell us if a more recent catalog of food stamps tokens has been published? Have any of the major numismatic institutions collected examples? The Food Stamp program is taking another turn. The New York Times reported in a June 23, 2004 article that electronic cards will replace food stamp coupons: "The Bush administration announced Tuesday that it had completed one of the biggest changes in the history of the food stamp program, replacing paper coupons with electronic benefits and debit cards. At the same time, the administration said it wanted to rename the program because the term "food stamps" had become an anachronism. It is inviting the public to suggest how to update the name of a program that became a permanent part of the government, and the nation's vocabulary, during Lyndon B. Johnson's Great Society era." "Food stamp recipients generally like debit cards because they avoid the stigma that can be associated with the use of paper coupons. Grocers like the new technology because they are paid faster, often within 48 hours; cashiers do not have to handle vouchers; and there are no coupons to sort, count and bundle." "Robbin Smoke, 44, said she would prefer to have the paper coupons. "The cards don't always work," she said. "It's a pain. You can't get cash back now." She and several other food stamp recipients said they found it somewhat easier to keep track of their unused benefits when they had a booklet of paper coupons." To read the full article, see: Full Article A NOTE ON THE CROSBY AJN REPRINT In response to our earlier question, David Gladfelter writes: "The American Journal of Numismatics only published heavily condensed excerpts from the Crosby manuscript. Using Sydney P. Noe's 50 year index I found condensations of the Vermont chapter in vol. 9, p. 49, the Fugio chapter at 10:1 including the Continental Currency piece and the Mass. Pine Tree and Janus coppers, and the Nova Constellatios including the Mark and Quint at 10:25. All were illustrated by plates made up of the Crosby text drawings. All were published in 1875." HEEREN BROTHERS ARTICLE Dick Johnson writes: "I got my July Numismatist and read your article on Heeren Brothers of Pittsburgh with great pleasure! You are to be congratulated! Take a bow. Oh! If we only had such quality articles with such great research on other American medallic companies. How do you do all this, with new baby in house, and all the details of a General Chairman, and keep up with weekly E-Sylum, and all your other projects?" [I have no idea how I'm managing it all, actually. But my other numismatic projects are gathering dust, and I don't get much sleep. I wrote the Heeren article on a plane to Phoenix a couple months ago. At lunchtime last Thursday I completed four exhibit applications and got them in the mail to Colorado Springs. This weekend we took the kids to see Niagara Falls and just returned, with pockets full of Canadian coins to add to the kids' collections. Somehow the American Numismatic Association convention this August will all come together, but I have a feeling that sometime during the banquet my head will plummet face first into my salad for a nap... -Editor] THINGS FOUND IN OLD BOOKS Addressing a subject we've touched on before in The E-Sylum, the June 22 Wall Street Journal had an interesting article about the odd and curious things used book sellers find inside the pages of their merchandise: "A book is a good place to stash personal, valuable, embarrassing stuff. Unless, forgetting all about the stuff, you sell the book to a used book store. "I'd always have a book with me when I got arrested," said Richard Ryan on being told that his 1985 rap sheet had fallen out of a book at the Strand, a store on Broadway in Manhattan where anybody can flip through a heap of two million volumes. "Books end up as filing cabinets," Mr. Ryan says, remembering his days as a student apartheid protester. "I'm sure I got my arrest ticket and filed it in the book." "At the Strand's main desk, Richard Lilly said, "Let this be a warning to those who don't look through books before they sell. Bored clerks see it all." "Yesterday, I found this really cool picture of this naked wrestler guy," Ms. Thompson says. In the fiction department, Ben McFall says: "I have a collection at home, which I can't bring in, of men in negligees. How do these things get away from people?" "Used books often gain value from forgotten paper -- paper money, for example; the Strand's staff rakes in lots of that. They haven't yet found a "hell scene with fish monster," as Cristiana Romelli did two years ago at Sotheby's in London. The original Hieronymus Bosch sketch fell out of a client's old picture album and sold for $276,000. A few years earlier, her colleague Julien Stock found a Michelangelo stuck in a 19th-century scrap book. In 2001, that one brought its owner $12 million. The Strand did buy a $15 doodled-over book of drawings by the Renaissance artist Ucello. The doodler was Salvador Dali." [So, dear readers, what interesting things have you happened to find in purchases of numismatic literature? -Editor] FOUND IN A COIN BOOK Speaking of things found in books, Bill Murray writes: "The following item was sort of buried in COIN WORLD, and I doubt many read it: "John Andrew, reporting on a London auction in COIN WORLD's June 28th issue, noted only one book was offered, Snelling's British Coins. He writes, "It is not the volume itself that is of interest, but a four-page handwritten note it contains. Dated 1756, it is addressed 'To the Curious' and deals with the value of coins. It points out that a coin's value 'depends much on its preservation, but more on the Generosity of the purchaser'" FEATURED WEB SITE This week's featured web site is A.J. Gatlin's CoinArchives.com - "a repository of coins featured in major numismatic auctions. It brings together the text, images, and prices realized from catalogs issued by some of the world's most prestigious coin firms. With this site, you can search and view coin lots from a growing database of auctions." FEATURED WEB SITE Wayne Homren Numismatic Bibliomania Society Content presented in The E-Sylum is not necessarily researched or independently fact-checked, and views expressed do not necessarily represent those of the Numismatic Bibliomania Society. The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. For more information please see our web site at http://www.coinbooks.org/ There is a membership application available on the web site. To join, print the application and return it with your check to the address printed on the application. Visit the Membership page. Those wishing to become new E-Sylum subscribers (or wishing to Unsubscribe) can go to the following web page link. |
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