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Welcome to The E-Sylum: Volume 8, Number 2, January 9, 2005: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2004, The Numismatic Bibliomania Society. BURNS AT THE F.U.N. SHOW Numismatic literature dealer John H. Burns writes: "I'll be at the Florida United Numismatist show at booths 1520-1522 January 13-16, 2005." FOLLOW UP ARTICLE ON BOONSBORO COPPER In our December 26, 2004 issue we discussed an article from a Maryland newspaper with a a story about the discovery of a common 18th century copper coin in Boonsboro, MD. The article quoted NBS board member John Kraljevich, who hadn't been able to examine the coin or a photo. The reporter has written a follow up story which was published today. "Local contractor Clyde Barnhart's discovery of a centuries-old coin beneath the rotten floorboards of the historic Boone Hotel building in Boonsboro sparked interest among coin collectors. Their enthusiasm for the find - and their estimation of the coin's value - increased at least tenfold when they saw the copper coin's image in the newspaper. That's because it's a fake. A 219-year-old one. "That's unreal. There's no way I would have expected that," said Barnhart, a Hagerstown resident who found the worn, copper halfpenny dated 1775 a few months ago while renovating the former hotel building on Boonsboro's Main Street. The front side of the coin includes a bust of King George III with the words "Georgius III Rex." The back side of the coin reads "Brittania." John J. Kraljevich Jr. of Annapolis, director of numismatic - pertaining to coins and currency - research for New Hampshire- based American Numismatic Rarities, pegged the coin as common - and today worth between $5 and $10 - when he was called with a description of the coin and the location of the find. He also noted that many "coppers" were counterfeit by the late 18th century. Kraljevich and counterfeit halfpenny specialist Byron Weston agreed that Barnhart's coin fits into the contemporary counterfeit category - and the only known American-made variety of 1775 British halfpenny fakes - when the experts saw the picture of the halfpenny in the Sunday, Dec. 26, edition of The Herald-Mail. Kraljevich and Weston then estimated the coin's value at a minimum of about $100." "Barnhart's coin is considered a Rarity-4, meaning there are between 76 and 200 known specimens, Weston said. "It is a Vlack 4-75A and is Atlee's handiwork," Kraljevich said. "As far as precisely when or where it was made, let's just say counterfeiters tend not to leave a lot of paperwork behind and that this information is a bit speculative, but probably essentially accurate as well." To read the full story, see: Full Story GOLD COIN PRICE YEARBOOKS PUBLISHED Morten Eske Mortensen has published two new books: Danish-Norwegian GOLD Coin Price Yearbook, 1996-2005 Size: A4 on red paper, soft spiralbound Pages: [xyz]+[28] Number of auction results: 6.000 results from 186 public auctions 1995-2004 Printing run: 20 (twenty) copies have been printed to the benefit of those who REALLY want to have such a price guide Cover illustration and pricing details: pricing details Language: Danish Swedish-Finnish GOLD Coin Price Yearbook, 1996-2005 Size: A4 on red paper, soft spiralbound Pages: [xyz]+[28] Number of auction results: 8.000 results from 186 public auctions 1995-2004 Printing run: 20 (twenty) copies have been printed to the benefit of those who REALLY want to have such a price guide Cover illustration and pricing details: pricing details Language: Swedish NOTE REPLACEMENT MAKES HEIST A "WASTE PAPER THEFT" We recently reported that Irish bank officials were considering withdrawing and replacing an entire issue of banknotes in the wake of a bold robbery. The decision has apparently been finalized. A Friday Reuters article reports that "Northern Bank announced on Friday that it would withdraw all its paper banknotes in circulation and replace them with new ones in different colors at a cost of up to 5 million pounds. "So in essence this large robbery has become the largest theft of waste paper in the living history of Northern Ireland," said Orde. Police said the final tally of the haul stolen was 26.5 million pounds, up from their original estimate of 22 million. Around 22 million was in notes issued by the Northern Bank." To read the full story, see: Full Story From the BBC news: "Mr Price said it would cost the bank about £5m to recall and replace all its £10, £20, £50 and £100 notes. It currently has more than £300m of its notes in circulation and only its existing plastic £5 notes will remain in circulation. The withdrawn notes are to be replaced by new notes of the same design - but they will be a different colour, have a new logo, and new prefixes to their serial numbers. "It will take up to eight weeks to print the new notes, and they will be in circulation as soon as possible after that. The move makes it difficult to recirculate the old notes into the economy in the timescale. Mr Price said: "To my knowledge this is the first time this has been done. To read the article, see: Full Story A letter to the editor of the News Letter of Northern Ireland notes: "The whole exercise would be a reversal of the 16th century (Gresham's) Law in that it would be a case of "good money driving out bad". To read the full letter, see: Full Story [In the U.S., I believe there has only been one instance of a note issue being recalled by the government as a result of a crime - the ransom notes paid in the Lindbergh kidnapping case. I asked if there have been other such recalls in the U.S. or elsewhere; the following item describes a currency exchange completed just last month which was motivated (at least in part) by thefts. -Editor] WEST AFRICA NOTES EXCHANGED From a December 31, 2004 report: "Under the watch of UN peacekeepers and rebel soldiers, people lined up for hours on Thursday in Cote d'Ivoire's rebel capital Bouake to swap old bank-notes for new in a last-minute operation launched by the Central Bank of the States of West Africa (BCEAO). The BCEAO, which controls the CFA franc currency used by eight nations in West Africa, launched a drive in mid- September to withdraw billions of the aged crumpled notes by 31 December and replace them with a new series. But in northern Cote d'Ivoire banks have been closed since the outbreak of civil war in September 2002. As a result, more than six million people living under rebel control faced the nightmare of being left with bags of worthless cash." "The bank has said the crispy-clean new notes will be harder to forge. But the introduction of the smaller bills will also prevent the laundering of buckets of cash which have been robbed from the BCEAO's coffers in Cote d'Ivoire. Diplomats suspect that the rebels financed their insurgency with the proceeds of a raid on the BCEAO's Ivorian head office in Abidjan shortly before the civil war began. Rebe fighters were subsequently blamed for a successful raid on the bank's Bouake branch and attempted break-ins to the BCEAO vaults in Man and Korhogo. Soldiers serving with the French peacekeeping force in Cote d'Ivoire have also been caught stealing notes from banks they were guarding in rebel territory over the last 15 months. The CFA franc, which is backed by the French treasury, was introduced in 1945 to provide the then French colonies with a stable currency." To read the full story, see: Full Story ROMAN COIN TERMINOLOGY Paul Schultz writes: " I am a little confused by the terminology used to describe the emperors on Roman coins. Common terms that I see to describe the emperor's image include cuirassed, draped, togate, cuirassed and draped, bust, and head. My references state that the cuirass is either the armor, or the clasp to hold the toga, but do not clarify further. My guess is that cuirassed means armored, but draped and cuirassed means wearing a toga with the clasp showing. Perhaps togate means wearing a toga with no clasp showing. I assume head means the neck and up, whereas bust means the shoulders and up. (For headwear, it seems pretty clear that radiate means a spiked crown, diademed means a jeweled headband, laureate means a leafy twig or metal imitation, and veiled is a hood. These are not really in question.) I don't think I missed any descriptors. Any clarification or confirmation would be appreciated." THE DELUXE RED BOOK Peeople tell me I don't miss much, but judging from the emails I've received, I must be the last bibliophile in the U.S. to know about the new leatherbound edition of "A Guide Book of United States Coins" (also known as "The Red Book"). Nancy Green, Librarian of the American Numismatic Association writes: "Happy New Year! The ANA Library received a copy of the leather bound copy of the “red book” from Whitman. Cary also has copies for sale in the Money Market." Denis Loring writes: "I was given one: number 127." Brad Karoleff writes: "I have received mine as a contributor. It is larger than the "normal" Redbook with gilded edges to the pages and a ribbon bookmark. There are 4 raised bands on the spine and the leather closely matches the "original" red color of the book. There is a "certificate of limited edition" title page bound in the front of the edition which has been signed by Ken Bressett, the editor. The certificate is then also numbered as a limited edition of 3000. The interior pages of the book are the same as the regular issue with an attractive gold border around the perimeter allowing for the additional size of the work. The cover letter I received with the book states that "The book represents the premier release of an unprecedented genuine leather bound edition, the start of what we hope will become a yearly tradition." I am thrilled with my edition and have purchased others as Christmas gifts. I would encourage members to obtain one as it is the first of what may be many to come." Richard Jewell writes: " Not only did David Harper have an editorial on the Deluxe Red Book on page 6 in the Dec 7th issue of Numismatic News, but on page 4 of the same issue there was a short ad mentioning the book. However, in the December 27th Coin World issue on page 58 was the official half page advertisement! I've purchased one and am in possession of Limited Edition # 407 of 3000. Hopefully Whitman will do the leather bound edition each year, it's a really nice book." [Rich brought his copy along to a meeting of the Western Pennsylvania Numismatic Society (WPNS) Tuesday evening. It's a thing of beauty, and worth the price, in my opinion. What a shame the company hasn't been making deluxe editions through the years. Let's hope sales are good and a new numismatic literature tradition starts. -Editor] David Crenshaw writes: "A Guide Book of United States Coins Limited Edition 2005” is available at whitmanbooks.com. email info at whitmanbooks.com, or call 800-546-2995. If you visit the website and select its image from the home page, there is a slide presentation of a few pages of the book’s contents." Stephen Pradier writes: "In response to your inquiry on the leatherbound Redbook, it can be ordered from their website at Order Info (from the web site) Guide Book of United States Coin Limited Edition 2005 Price: $69.95 In 1946, “The Guide Book of the United States Coins” was introduced and voted the most useful reference guide. Known as the “Bible of the Industry, ” this work has been a standard source for historical facts, pricing, and technical information relating to American coinage. Today, in its 58th Edition, Whitman Publishing LLC is offering “The Official Red Book A Guide Book Of United States Coins Limited Edition 2005”. Each 6” X 9” leather bound publication is individually numbered and personally signed by the editor Kenneth Bressett. Along with gold stamped lettering on the cover and gilt edges to each page, this book has acquired a collectible status in and of itself. Again, this special production is for a limited time only, so please act fast. (Note: The contents of this edition will be the same as the regular edition.)" Gar Travis writes: "I bought a copy for a fellow auction cataloger and a copy for myself. I suppose most will be placed on a shelf unwrapped - I have chosen to have mine handy for quick reference in the office - creating perhaps the rarity of a used copy in 50 years..." MAX VON BAHRFELDT Gar Travis writes: "Interesting read - Max von Bahrfeldt is not mentioned, but this may be of some interest to readers, regarding the German atrocities in Belgium during WWI. The picture accompanying the article is a rather odd choice.... Full Story " THE MYSTERY QUOTE Last week Mark Borckardt wrote (discussing the three Brasher coins in a Heritage auction) : "I never thought I would even see these coins, let alone have a chance to catalog them." Mark asked where this sentence has been used before. Saul Teichman writes: "Sounds like a B. Max Mehlism with regard to the sentence about the Brashers. I do not remember if it came from the Dunham or other sale." Any other guesses? MISCHIEVOUS SLOGANS ON ZIMBABWE BANKNOTES From a January 05, 2005 article by Reuters: "The Zimbabwe government today slammed what it called mischievous political slogans appearing on banknotes as campaigning heats up ahead of parliamentary polls due in March. State media have published pictures of banknotes stamped with the messages "enough" and "get up, stand up" and linked them to a pressure group which the ruling party says is aligned to the main opposition Movement for Democratic Change (MDC)." "David Chapfika, the deputy finance minister, said the government would "come down hard" on the culprits if caught, saying it was a criminal offence to deface the country's currency. "We are still doing our investigations but the slogans appear to be synonymous with slogans used by certain characters in the opposition," Chapfika, a member of parliament for Mugabe's ruling Zanu(PF) party, said." To read the full story, see: Full Story [Political slogans appearing on coins and currency are nothing new. Has anyone ever compiled a listing of modern political and other graffiti on numismatic items? -Editor] TOMMY RYAN CLOSES COIN SHOP AND RETIRES. Dick Johnson writes: "A number of genuine celebrities collect coins. Few become coin dealers. One of those was Tom Ryan, who left the entertainment business and did just that. A musician who performed in Sammy Kaye’s band, with comedians Phil Silvers (of "Sgt. Bilko" fame), Henny Youngman and in a variety of radio shows and on Broadway stage. When I learned Tommy Ryan was closing his coin shop in a suburban Chicago shopping mall and retiring to Florida, it brought back memories. He started coin dealing about the same time Coin World started up. I remember he was a night person (and I was a day person). He would call me at home to give me the copy for his weekly ad in Coin World. This often happened so late at night I was already in bed. But I was dutiful and transcribed his ad copy. That was nearly 45 years ago. An article in the Daily Herald by staff writer Matt Arado this week tells of Chicago area coin collectors losing a friendly coin dealer as Ryan closes his coin shop. The article tells a lot about Tom Ryan (except the one fact he used to race in sulky horse races). Read the article at: Full Story Good luck in your Florida retirement, Tommy, old friend. I’ll bet you will still be performing for your fellow retirees. Once a showman, always a showman. Break a leg. " NEWTON'S COINS AND MEDALS Charles Culleiton gave a talk at a local coin club meeting a few months ago about Isaac Newton. He lent me his copy of "Isaac Newton" by James Gleick (2003). It's a quick and interesting read which, like most books on Newton, says little about his time at the Mint. But the last paragraph describes the contents of his estate, which included "thirty- nine silver medals and copies in plaster of Paris" and "gold bars and coins." Does "Newton at the Mint" or any other book describe these numismatic items in more detail? Are any known to exist in collections today? NEW YEAR'S QUIZ ANSWERS Ralf W. Böpple of Stuttgart, Germany writes: "All the best for a successful 2005 and for the continuation of your fantastic work! With regard to last week's quiz, this was a very positive start into the new year for me - there are actually two out of six questions I can answer without going to the E-Sylum archive: John Leonard Riddell is known by his book "A Monograph of the Silver Dollar, Good or Bad", published in 1845. It is a cambist-style listing of the coins and medals he encountered at the New Orleans mint, where he worked in the 1830s and 1840s, I think as refiner, which is why so many coins from all over the world crossed his desk. The work is very important for collectors of Mexican coins mainly because it depicts many contemporary counterfeits. It was reprinted in 1969 by the Sociedad Numismática de México I never had the pleasure of meeting Alan Luedeking, but the eclectic mix of modern Nicaragua, medieval papal medals and classical Byzantine coins stuck to my mind when I read it. Maybe I'll get the chance to have a chat with him on Latin American numismatic literature one day, preferably during an event of the ANUCA, the Central American Numismatic Association! [Both answers are correct. Anyone want to try answering the remaining questions? -Editor] NUMISMATIC POSTCARDS Ralf W. Böpple writes: "Concerning the postcard publisher Walter Erhard from Württemberg that David Gladfelter was asking for: The name does not ring a bell with me, but I will ask around at the next meeting of the Württembergischer Verein für Münzkunde here in Stuttgart and see if somebody can give more details. I suppose, though, that the postcards are more popular with postcard collectors today." Dick Johnson writes: "Dave Gladfelter asked about certain coin postcards in last week’s E-Sylum. Here is what I know: They were produced by Alfred Joseph Blumer [full name from Library of Congress card]. Issued individually but published in albums. An edition of ten -- bound in red cloth book form -- was issued in 1926. One of these books was donated to a U.S. president, another received by the Library of Congress where it was cataloged: "The Coinage of Different Countries; a Scientific Statement Dedicated to His Excellency the President Calvin Coolidge." This is illustrated at Illustration I have an album of these postcards. There is a sticker on the inside back cover: "A.J. BLUMEL / VIII., Josetstadterstrabe 82 / Vienne - Wien - Vienna / Autriche-Osterreich-Austria". A previous owner penned on the label "c.1930" missing the issued date by only four years. The postcards are uniform size 3 11/16 x 5 5/8-inch (9.3 x 5.2cm) printed in the color of the coins with metallic ink. A separate card is devoted to the coins of one country. For Germany, Sweden, Austria, Turkey and U.S. two cards are required. For some unknown reason the last three cards in my album are rubber stamped "Souvenir" (for France, British India, Russia). Their production was quite involved. Embossing dies were made the size of the cards from casts of original coins (all in great condition – I observe no wear on any coins). Only one side of the coins are shown, but often several types (e.g. both U.S. Liberty Head and Buffalo nickel). A center panel was left blank on the embossing die, the coins are arranged around this panel. A pebble background was added around some of the coins (for a technical reason -- to balance the pressure when these were pressed). A brief list was intended to be printed in that open panel. The card stock was printed in postcard format. Black ink on both sides was printed first. Then a separate press run for each of the metallic inks. Finally the cards are then pressed between embossing dies. I have a "mint error" on the card of Norway. There are 22 coins shown on this card causing many of the coins to overlap. In the lower left corner two gold coins were intended to overlap a nickel 50 ore coin. However the gray nickel color is shown where it was printed after the gold ink press run on top of the gold. The embossing shows the detail of the two adjacent gold coins of 10 and 20 kroner, part gold, part gray. It is reported there are 48 cards in a complete set. I have 47 with a dozen duplicates. I have observed these cards for sale among postcard dealers in the $15 to $25 range each. I would love to know which card I am missing." FEATURED WEB SITE This week's featured web site is suggested by subscriber John Frost. He writes: "The Barber Coin Collectors' Society (BCCS) now has a website dedicated to all Barber coinage. In addition to information about the BCCS itself, it contains useful information about the four series: dimes, quarters, halves, and Liberty Nickels too. On the site, you will find articles, a sample Journal, and membership information. The site can be found at BarberCoins.org. Some of the most useful information includes details on authenticating the "Big 3" Barber Quarters: 1896-S, 1913-S, and most importantly, the heavily counterfeited 1901-S. Detailed photos all of the genuine dies and important diagnostics can be found there. 1896S 1901S 1913S If you are even thinking about obtaining these coins, this information is critical. The site also maintains a list of upcoming coin shows where BCCS members and other Barber enthusiasts will be meeting. Have a look! Feedback and comments are welcome. We can also be reached via email at BCCS at BarberCoins.org." 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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