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Welcome to The E-Sylum: Volume 7, Number 51, December 19, 2004: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2004, The Numismatic Bibliomania Society. EMAIL SYSTEM UPDATE This E-Sylum issue is being distributed on Monday, December 20, 2004. We will adhere to a Monday publishing schedule for at least the next few weeks. Thanks again for everyone's understanding and patience while we work through our email problems. All current subscribers remain subscribed through the new system. We currently have 702 registered subscribers. Those wishing to become new subscribers (or to Unsubscribe) can go to the following web page: Unsubscribe The automated archives from September 2002 to date are now available at: Archives The full, lovingly hand-edited archive remains at the NBS web site, NBS To submit items for publication, continue to email them to me at whomren at coinlibrary.com. Keep those cards and letters coming, and happy holidays! LAKE SALE #77 PRL AVAILABLE Fred Lake writes: "The prices realized list for our sale #77 which closed on Tuesday, December 14, 2004 at 5:00 PM EST, is now available for viewing on the Lake Books web Site at: Lake Books Archive There you will find the PDF and MS Word links under that sale number. The sale was quite successful, with 90% of the lots being sold and very strong prices realized for some of the rarities offered from the estate of John M. Ward, Jr. and the library of Robert Doyle. Our next sale will close on February 15, 2005 and the catalog will be available for viewing in early January. Selections from the library of Jack Haymond will be featured. Our best Seasons Greetings to all, Fred" NUMISMATIC FILM MAKER'S KILLER APPREHENDED Dick Johnson writes: "The driver of the truck which ran over and killed Michael Craven in a "road rage" incident April 30, 2000 on LA's Ventura Freeway has been tracked to Armenia. He was extradited to California late November 2004 and is now charged with three felony counts, including the murder of the numismatic film maker. Craven died of injuries from that incident. (Reported here in The E-Sylum vol 3, no 19, May 7, 2000.) Craven had produced three numismatic videos and had been working on a major film on the history of America's coins. He had over seven hours of film - including interviews with U.S. Treasury officials and prominent numismatists -- he had nearly completed the filming before editing the material for a multi-part series. Among the videos Craven had produced included "The Granite Lady" on the San Francisco Mint and "The Medal Maker," narrated by former Chief Engraver of the U.S. Mint Elizabeth Jones, on sculptor Laura Gardin Fraser. [In addition to writing the filmscript for that later video, I was working with Mike on a history of the Philadelphia Mint's Third Building at 16th and Spring Garden Streets -- America's first truly modern mint -- for its 2001 centennial. His death halted that project.]" GOOGLE INDEXING BOOKS OF MAJOR LIBRARIES From Forbes magazine: "Google just made the Internet significantly bigger -- at least for the worlds of search and book publishing. The Mountain View, Calif., search engine company has reached agreements with Harvard University, The University of Michigan, Stanford University, Oxford University, and The New York Public Library to scan their books and make the digitized contents searchable. Up to 50 million titles are involved, including titles held in common by the libraries. The project, which will probably take five or more years to complete, will deliver a database of volumes that Google users can search. Users will be able to download entire volumes in the database that are not under copyright protection. Books under copyright will be excerpted at varying lengths, depending on whether Google has agreements with their publishers to carry longer excerpts." To read the full article: Full Story From the New York Times: "It may be only a step on a long road toward the long-predicted global virtual library. But the collaboration of Google and research institutions ... is a major stride in an ambitious Internet effort by various parties. The goal is to expand the Web beyond its current valuable, if eclectic, body of material and create a digital card catalog and searchable library for the world's books, scholarly papers and special collections." "Within two decades, most of the world's knowledge will be digitized and available, one hopes for free reading on the Internet, just as there is free reading in libraries today," said Michael A. Keller, Stanford University's head librarian." To read the full article: Full Story From the Associated Press: "The Michigan and Stanford libraries are the only two so far to agree to submit all their material to Google's scanners. The New York library is allowing Google to include a small portion of its books no longer covered by copyright while Harvard is confining its participation to 40,000 volumes so it can gauge how well the process works. Oxford wants Google to scan all its books originally published before 1901." "This is the day the world changes," said John Wilkin, a University of Michigan librarian working with Google. "It will be disruptive because some people will worry that this is the beginning of the end of libraries. But this is something we have to do to revitalize the profession and make it more meaningful." To read the full article: Full Story From the Boston Globe: "Company spokeswoman Susan Wojcicki said the project is the fulfillment of a dream for founders Sergey Brin and Larry Page. "This is something the founders wanted to do before they even started Google," she said. "The mission of the company, from the day it started, was to organize the world's information and make it easily accessible." But Google also hopes that its book search service will give it a major edge over rival search services, including an up-and-coming challenge from software titan Microsoft Corp. "Google has constantly over time always been increasing our search index," said Wojcicki. "Having a more comprehensive search engine . . . leads to, we believe, a better product." In turn, that means more visitors to Google's search service, which makes money by selling advertisements." To read the full article: Full Story How does this commercial effort affect nonprofit efforts to digitize some of the same material? In earlier E-Sylums we discussed the "million book" plans. From the San Jose Mercury News: "Libraries from India, China, Egypt, Canada and the Netherlands, for instance, are working with the San Francisco-based non-profit Internet Archive on a plan to create a publicly available digital archive of one million books on the Internet. "The public domain belongs to the public and should be publicly accessible without running only into commercial interests,'' said Brewster Kahle, founder and president of the Internet Archive. ``There's room for both, and I hope that we do not evolve into an either-or situation." To read the full article: Full Story Bill Rosenblum writes: "My son works for the University of Michigan library as a digital librarian (whatever that is) and has been involved in the acquisition of scholarly publications to be put on line. He told me that he and his colleagues were told of the Google plan about two hours before the press release and were as surprised as most everybody else." Dick Johnson adds: "It made news this week. Five major libraries in U.S. and U.K. agreed to have their books of greatest scholarly interest digitized and will be placed on Google's website for anyone in the world to access. This continued a plan announced earlier, and reported in E-Sylum last week, that a group of libraries in the U.S., Canada, Netherlands, Egypt and China plan to digitize one million books, with 70,000 available by April 2005. The five major libraries who have agreed to open their stacks are Harvard, University of Michigan, Stanford and the New York Public Library in the U.S. and Oxford University in England. The agreement with each library differs. Harvard's agreement is limited to 40,000 volumes, in contrast to the full collections at Stanford and Michigan; NYPL agreed to "fragile material not under copyright." This has come about at the present time because Google became wealthy from its stock offering last summer. It is employing its newly gained wealth to stretch its already humongous databank towards a long-predicted global virtual library. The cost is estimated at $10 to digitize each book. The digitizing task is labor intensive. It requires several people to operate sophisticated scanners whose high-resolution cameras capture one page at a time. At Stanford Google hopes to scan 50,000 pages a day within a month, doubling this amount with more people and equipment. When this story first broke, December 14th, 629 newspapers ran the story or commented on it before Google took the story down. One of the best was by George Kerevan editorializing in Scotsman.com. "I can't wait," he wrote, "for Google to get on-line with the Bodleian Library's one million books. Yet here's one other thing I learned from a physical library space: the daunting scale of human knowledge and our inability to truly comprehend only a fraction of it." How soon until a large number of numismatic works will be digitized, perhaps among those millions of books in five or more libraries, is yet to be seen. Existing numismatic libraries, however, still have a major function to perform in gathering bound books and documents for present and future numismatic scholars to use." Kerevan's comments: Kerevan's comments [There are a lot of caveats in Google's ambitious plan; for example, Harvard is hedging, wanting proof that the process will not damage its holdings. But it's another important step in the march toward digitization. I question the $10/book estimate, for despite all the high- tech trappings, the drudgery of scanning and correcting text is still a slow process, and time equals money; see the following item by Mike Marotta's about the effort going into making The Electronic Numismatist. If Google uses gentle but efficient book-scanning robots (which I'm not sure exist yet), then perhaps the $10/volume estimate is correct, but human editors with subject matter knowledge are still likely to do a better job of digitization, albeit at a higher price. Collectively, how many out-of-copyright numismatic works are in those libraries? More importantly for writers and researchers, how many tidbits of numismatic knowledge are locked in those pages, currently unseen and unknown? As more works become accessible through indexing, more and more new numismatic information is likely to become available to researchers. It could indeed be a whole new world. -Editor] MAKING THE ELECTRONIC NUMISMATIST Regarding Jorg Lueke's "The Electronic Numismatist," Michael E. Marotta writes: "Bringing these classic volumes to collectors is a great service to the hobby. In Ray Bradbury's "Fahrenheit 451", the fireman, Montag, explains his fascination with books: "Inside each one is a man." To read the words of Dr. George Heath is to share with him the creation of the ANA. Even more, these old magazines reveal the world of collecting in the early days of our hobby. Of course, being able to search text is an incomparable joy. The range and breadth of Heath's interests illuminate many aspects of collecting, and serve as a benchmark for the most modern research. Jorg deserves the highest praise for this effort. In an email to me, Jorg said that the few glitches will be fixed in Rev 1.02. Blank pages fill some spaces, for instance. Jorg attributes these to "the relationship between the index, bookmarks, and links. Once all that is created they keep the document page numbers correct whenever the document is edited. It will take me probably till this weekend to create version 1.02 with consistent titleing, no blanks, and a new index." In real life Jorg is an IBM mainframe programmer. He was able to draw on standard project management skills when creating "The Electronic Numismatist." He said, "I hired someone to do the inital scanning and basic editing. They could scan some things but not everything due to the type style and weakness [of the printing], so they did hand key 40-50% of the text. I then did the next few rounds of editing, formatting, indexing etc. ... the cost benefit of my time versus money pointed towards spending the money for that portion." Best of all, from the bibliophile's perspective, Jorg worked to keep the original formating of Dr. Heath's 19th century typography. No doubt, each of us will find our own rewards in owning this. The work is loaded with gems. At first, Dr. Heath accepted no advertising. Then he relented. "Thanks to the liberality of our advertisers," Heath wrote, "... we can see our way reasonably clear to continue THE NUMISMATIST at the old subscription price of FIFTY CENTS a year (outside the U.S., Canada, and Mexico, two shillings six pence)." NEW YORK SUBWAY MOTORMAN AMASSED $1 MILLION IN RARE NOTES The New York Times published an article December 12 about Malcolm A. Trask, a New York subway motorman who built a remarkable collection of U.S. paper money in the 1940s and 50s. His collection languished unnoticed in a family closet for years after his death until it was discovered by his youngest son, now 75 years old. The collection will be auctioned at the upcoming Florida United Numismatists show. "One of the most intriguing among the 4,288 lots to be sold at the convention, the year's biggest coin and currency show, will be the remarkable collection that put together during the 1940's and 50's at his small apartment in south Yonkers. But the real story is not the collection. It's the collector. Mr. Trask was a subway motorman with an eighth-grade education who died in 1989 at the age of 88. While raising four children on a working man's salary, he somehow amassed one of his era's greatest currency collections, only to stash it in a closet where it languished, forgotten, until his children found it two years ago after his wife died." "Mr. Trask was born in Yonkers in 1901, dropped out of school after the eighth grade, enlisted in the Navy in 1917, and then went to work for 46 years as a motorman on the old IRT line. The subway was his job. The collection was his passion. He began with coins, but by the late 1940's he had sold them all to concentrate on paper money, at the time an arcane satellite universe. Apparently using $20, $40 or $80 he was able to squirrel away, he bought at auctions, from dealers or at coin and currency shows. Every night, his children recall, he would pore over ledgers, write in journals, type up notations, compile censuses of numismatic arcana. He was one of the earliest serious researchers of national bank notes, paper money that was issued by more than 11,000 banks between 1865 and 1933 and was about 20 percent larger in size than current bills. "The truly incredible thing about this collection is that a guy with no formal education, utterly limited resources and almost no research material available could pick so well and build a collection that would be significant a half-century later," said Allen Mincho, a director of Heritage-Currency Auctions of America and a currency expert who researched and catalogued the collection. "He clearly had the eye. But how he knew just what to pick, I really don't know. I've sold plenty of million-dollar collections, but none where the initial investment was so low, the returns so high, and the overall quality so amazing." To read the full article, see: Full Story [A search of the Internet and the Numismatic Index of Periodicals (NIP) turned up no references to Mr. Trask. Did he leave any traces of his research in the world of numismatics? Had anyone heard of him before his collection came to light? For those who may not be familiar with it, the NIP index is online at this address: NIP Index -Editor] WEISMULLER OLYMPIC MEDAL RETURNED TO RANSACKED MUSEUM On December 15, the South Florida Sun-Sentinel published a story revealing that the International Swimming Hall of Fame's extensive Olympic collection had been looted of over $500,000 worth of rare medals: "A man with a secret past who landed a temporary job as a janitor at the International Swimming Hall of Fame wasted little time before stealing more than 100 Olympic medals and other irreplaceable memorabilia, police said Wednesday. Paul Nichols Christow, 48, had unfettered access to the museum's impressive Olympic collection when no one else was around. He stole nearly $500,000 worth of gold, silver and bronze, police said. Among the loot was Hollywood star Johnny Weismuller's 1924 medals, a medal from the first modern Olympic games and an ancient Greek medal. The Hall of Fame's collection was so large that he operated undetected for months. Early this month, a museum worker noticed some medals missing from a display case. About the same time, an Olympic memorabilia collector contacted the Hall of Fame to say he had just purchased a group of medals on the Internet. Police traced the theft to Christow, set up a sting, caught him on tape trying to sell more Olympic goods, and arrested him last week. Investigators recovered about half of what was stolen and are hopeful they will find the rest." "He posed as a paralegal looking to liquidate an anonymous family's estate. Marty Bookston, of Double Eagle Rare Coins in Hollywood, had never seen a real Olympic medal before, but he gave the man $250 for two medals and posted them on eBay for an opening bid of $9.99 apiece." Those knowledgeable about the value of such medals can only gasp at the opening bid - later just one of a group of 50 medals was sold to a California collector for $10,000. The article goes on to describe how alert eBay users notified the museum about medals it didn't know were missing. Police enlisted the help of the Hollywood, FL coin dealer and a North Carolina collector to snare the thief in a sting operation. "Christow was charged with two counts of dealing in stolen property and two counts of grand theft over $100,000. "I grew up with Johnny Weismuller on TV," said Gerry Machurick, the burglary detective who worked the case, "so to be a part of preserving history is pretty incredible." Full Story WHEAT IMAGES ON COINS AND BANKNOTES SOUGHT The United States Botanic Gardens (USBG) in Washington D.C. is seeking images of North American and European currency and coins showing images of wheat. These are for inclusion in a video under production. Has a list of such items ever been compiled? A comprehensive list would include hundreds of items, given that wheat and other grains were a common theme on many obsolete bank note vignettes. Can anyone suggest a starting point for such a list? CORRECTION: CHARLES I BEHEADED IN 1649 Responding to last week's items by Florence Prusmack's on Isaac Newton, Bob Lyall writes: "Charles I was not beheaded in 1630, it was January 1648/9 (1648 old style, 1649 by our calendar)." KANSAS HOBO NICKEL CARVER FEATURED IN ARTICLE On December 18, the Associated Press published an article about a rare breed of engraver - a modern-day Hobo Nickel carver, Bob Finlay: "In the 1980s, Finlay took on the hobby of engraving. It started with guns and later turned to knives. He said he spent 100 to 200 hours on one knife. Looking at the jewel-encrusted daggers with ornate carvings, it's easy to see why he has embraced nickels. The coins take him an average of 10 to 12 hours, and he has finished about 50 so far. On a recent evening, Finlay was taking background metal out of a nickel, one of 10 he was carving for a collector. A hobo holding a pick ax along railroad tracks was already visible. Finlay's glasses were pressed up against a microscope focused on the nickel, as his thick fingers finessed what he called a miniature jackhammer, a small tool powered by compressed air that delivers rapid strokes into the metal. Cake crumbs rested on the table below Finlay's mouth. Working in the evenings and on weekends, it's not unusual for him to skip a meal. "It's nothing if I work 10 hours straight, or 11, 12," he said. The Original Hobo Nickel Society has nicknamed Finlay "The Excavator" for his propensity to dig deep into the nickel. He does it to make the subject stand out. One of the things that makes him unique is his ability to make those small, full-figure hobos. Nobody else has done that. "I like to make things more 3D than 2D," Finlay said. "Most people have never seen a nickel, one that's been carved, and it's fun to carve something that they haven't seen." Full Story BILINKSI INVESTMENT GUIDE REVEIWED Regarding Dick Johnson's discussion of Bilinski's work on U.S. collector demographics, Bob Leonard writes: "I've got a copy of the second edition of Dr. Robert Bilinski's A Guide To Coin Investment, copyright 1958. The text is mimeographed (!) on two colors of paper. To answer Dick's question, the collector demographics material appears in Chapter IV, pp. 20-65. Bilinski was nothing if not precise [Dave Bowers would choke on this claimed accuracy]: "There are currently 2,118,250 coin collectors over 13 years of age in the United States; this figure represents an increase of 178,250 over the 1957 total...There are 53,000 hard-core collectors...individuals who collect coins with all the interest and energy they can muster [not, thank goodness, collectors of "hard core"]...882,000 active collectors...210,000 fringe collectors...746,000 passive collectors...227,250 temporary collectors." Taken as rough ratios, these numbers may have some meaning. Skipping over the distribution of collectors by state ("South Dakota...4,236", etc.), we come to AGE DISTRIBUTION OF COLLECTORS IN THE UNITED STATES (pp. 23-4). This is presented as a bar chart, so I can't quote any figures, but the tallest bar is 46-55, with 36-45 second. I believe that Numismatic News just completed a readership survey, and the average age of a NN reader was 59. I think this is borne out by recent surveys at the ANA and Coin World, i.e., that the average ANA member/Coin World reader is in his late 50s. So there does seem to have been some aging of collectors since Dr. Bilinski's 1958 survey, though his inclusion of "passive" and "temporary" collectors may have skewed the results. Leafing through this book, one is struck by how utterly useless it is as a guide to coin investment for our time. None of the things now considered important (MS 65 or better condition, certified by a major grading service, rainbow toning, Deep Mirror Cameo, Registry Set Quality, recovered from a famous shipwreck, etc.) is even contemplated, let alone considered. But it was right on target for the late 50s - early 60s, with Bilinski's forecasted prices for future years being quickly surpassed. There is a lesson here for anyone presuming to advise others on long-term investment in hard assets." GOLDEN DOLLAR ARTICLE COULD CAUSE STAMPEDE Bill Rosenblum writes: "The Denver Post of December 12th had an article titled "Unpopular Coin Now Golden. The article, as usual for a mainstream publication by someone who knows little about numismatics, contained numerous half truths that will of course lead the public to believe that their Sacagawea dollars are worth "as much as $500 among collectors". I can see people lining up at coin stores trying to sell the coins for hundreds of dollars and when told what they are really worth will, of course, be angry at the coin dealer. Both James Taylor of ICG and Doug Mudd, curator of the ANA museum are quoted in the article or perhaps paraphrased." To read the article, see: Full Story U.S. PATTERN SITE UPDATED WITH SPLASHER IMAGES Saul Teichman writes: "Here are seven splashers some of whose existence was unconfirmed or not seen by modern researchers until now: p3161.html p3257.html p3049.html (2nd known example) p3070.html p3019.html (2nd known example) p3140.html (4th known example) p3064.html HOW TO PRODUCE A BOOK Morten Eske Mortensen writes; "At this weblink I have translated a (satirical) text into English concerning book production: How to Produce a Book AMAZON CUSTOMER SUPPORT NUMBER Tom Fort forwarded the following from the online magazine Slate. Those who have placed book and other orders with Amazon.com and been perplexed trying to find human assistance may find the Amazon customer support phone number useful, particularly in this last week before the Christmas holiday. I've not tried the number, and for all I know it may have already been changed to hide it again. But here goes: "A journalist, if he's lucky, gets at most one chance in life to leave a lasting legacy. Jacob Riis exposed the horrors of tenement life. John Hersey limned the agonies that befell individual Japanese when the Enola Gay dropped the first atom bomb. Bob Woodward and Carl Bernstein exposed the dark crimes and vile corruption at the heart of the Nixon administration. And me? If, after my journey is ended through this vale of tears, I should be favored with remembrance, it will likely be for the succor I provided holiday shoppers. It was I who discovered the customer service number for Amazon.com. 1-800-201-7575 In this season of celebration, I have received many e-mails from readers prostrate with gratitude that, like Stanley tramping through the African jungle in search of Livingstone, I dug this number out from the Web's darkest recesses and shared it with the world. I offer it here again for those who didn't think to Google the words "Amazon" and "phone number." 1-800-201-7575" To read the full article, see: Full Story FEATURED WEB SITE This week's featured web site is HistoricalArtMedals.com, featuring the medal collection of Benjamin Weiss. "Welcome to my collection of Historical and Commemorative Medals. At this site you will find images and descriptions of over 300 medals, both European and American, dating from the 16th through the 19th centuries." 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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