|
Welcome to The E-Sylum: Volume 8, Number 50, November 27, 2005: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2005, The Numismatic Bibliomania Society. WAYNE'S WORDS Among our recent subscribers is Bill Hunter of Pittsburgh. Welcome aboard! We now have 822 subscribers. A few readers have reported problems with AOL again. AOL was rejecting last week's E-Sylum email message. All it gives me is a vague message about there being a URL in it that generates complaints, but it doesn't tell me which one. Anyone who missed the last issue can read it on the web site at this address: Esylum V8N49 Another reader wrote to describe a problem with the formatting of the issue, but unfortunately I've lost the note - please resend! I've been using a different mail system for the last few weeks, and that is why some of you have noticed some changes. Sorry for any inconvenience. Speaking of formatting, the previous paragraph (beginning with "A few readers...") was formatted to have line breaks keeping each line to about 70 characters or less. This paragraph (beginning "Another reader...") has no line breaks. Let me know if you have a format preference. For years we've maintained the 70-character limit because it's the lowest common denominator that seems to work on every email device around. But if it's unnecessary for the majority of our readers I won't bother doing it anymore. In his issue, George Kolbe reports highlights of his recent numismatic literature sale #98, and the market continues to be strong for quality material. Sale 99 and the magic 100 are on the way. Fred Schwan reports that a new edition of Gene Hessler's Comprehensive Catalog of U. S. Paper Money is in the works, with a new co-author. Fred also describes the extensive set of hoops a publisher must jump through to obtain publication-quality images of currency from the Bureau of Engraving and Printing. In the "interesting numismatic-related trivia" department, we learn about a fight over the subsequent sale of Krause Publications' parent company's new owner, and some interesting facts about a Los Angeles home owned by former coin dealer and jailbird Bruce McNall. In the international banknote area, we learn of an embarrassing "typo" found on an about-to-be-released note and the planned recall of high-denomination Swedish notes. In Columbia, counterfeiting is a family affair - a network producing millions of dollars a month in fake cash has been broken up. In the numismatic personalities department, remembrances of Bill Spengler continue to arrive, and we have some further discussion on gold coins and medals owned by the Saint-Gaudens family. Lastly, we examine a new Act passed by the U.S. Senate calling for Presidential $1 coins, changes to the Lincoln Cent, and the creation of several new commemorative and bullion pieces. Off-topic: an interesting article on modern covered bridges: Covered Bridges Story This week's quiz: What numismatic personality likely witnessed an historic event aboard the Lusitania? Read on to find out. Enjoy! Wayne Homren Numismatic Bibliomania Society LAKE MAIL BID SALE #82 CLOSING NOVEMBER 29 Fred Lake writes: "This is a reminder that our sale #82 closes on Tuesday, November 29, 2005 at 5:00 PM (EST). There are four changes/additions to our printed catalog and these are now incorporated into our catalog as presented on our web site at Lake Current Catalog They are: C 3 has the addition of a condition description (M) and an estimate ($50.00) C 20 has a change in the estimate to $18.00 C 50 has been eliminated. C 85 has been eliminated." KOBLE SALE 98 RESULTS Auction Sale 98 Results: George Frederick Kolbe/Fine Numismatic Books reports that Auction Sale 98, closing on November 17th, 2005, was very successful, with 84% of the lots in the sale sold, bringing 110% of the total of all of the estimates. Some sale highlights include: a special leather-bound edition of Harold P. Newlin’s rare 1883 work on United States half dimes, perhaps the author’s own copy, selling @ $3,565 on a $3,000 estimate [all results cited include the 15% buyer premium]; the original Bowers and Ruddy contract establishing their first auction firm sold for $747 on a $250 estimate; Edward T. Newell’s superb original set of Ernest Babelon’s monumental Traité des Monnaies Grecques et Romaines saw spirited bidding, bringing $12,363 on a $10,000 estimate; Gunter Kienast’s personal annotated copies of his two standard works on the medals of Karl Goetz realized $1,150, having received two identical high bids; an extensive series of notebooks, apparently compiled by Bernard Hoidale from the 1950s to the 1980s, recording half dime prices at auction and fixed price was estimated at $250 and sold for $575; a remarkable manuscript record of data on United States pattern coins written in a copy of the Adams-Woodin work on the topic, compiled by Walter Breen’s early mentor, William Guild sold for $2,070 on an estimate of $1,000; Gerson da Cunha’s rare 1884 work on Indo-Portuguese Numismatics, annotated and extra-illustrated, saw spirited bidding and ended up selling for $1,380 on a $300 estimate; an extensive collection of Lyman Low auction sale catalogues, estimated at $2,500, brought $3,450; plated Chapman brother catalogues mostly sold substantially over the estimates; Raphael’s Thian’s 1876 Confederate Note Album ended up bringing $1,610 on a $350 estimate; a fine selection of 19th century German coin dealer Adolph Weyl’s catalogues featuring American coins brought strong prices; a fine example of Alföldi’s extremely rare work on Roman coins “A Festival of Isis,” sold for $1,610 on a $750 estimate; and standard works on ancient coins generally brought strong prices." UPCOMING KOLBE LITERATURE SALES Auction Sale 99 Announcement: "On March 9, 2006, George Frederick Kolbe/Fine Numismatic Books will conduct their 99th sale of rare and out of print numismatic literature. Consignments are currently being accepted. Catalogues may be ordered by sending $15.00 to Kolbe at P. O. Drawer 3100, Crestline, CA 92325 or the catalogue is accessible free of charge at the firm’s web site (www.numislit.com)." Auction Sale 100 Announcement: "In June 2006, the firm will conduct their one hundredth auction sale and plans are being formulated to make it a memorable event. Consignments of exceptional quality are currently being accepted for the sale. The firm may be contacted at P. O. Drawer 3100, Crestline, CA 92325; by telephone at 909-338-6527; or by email at GFK@numislit.com. Those interested are also invited to visit Kolbe’s web site (www.numislit.com)." SO WHO'S BUYING ALL THE U.S. NUMISMATIC LITERATURE? With all the great U.S. literature sales recently, I asked George Kolbe, "In the bygone days of yore when Armand Champa, Harry Bass, Dan Hamelberg and others were building their libraries, the major buyers of top-end U.S. literature were pretty well known to all. With the first two libraries dispersed, and Dan already owning most everything one might want, who are the big buyers in today’s market? No need to name names of course, but I’m curious and was hoping you’d share your thoughts on this for The E-Sylum. What kinds of people are assembling the big libraries today? Or is the material being more widely dispersed to a lot of specialists who aren’t intent on building a “one of everything” U.S. library?" George replied: "The easy, and most accurate, general response to your various queries is: I don't know, at least with any certainty. But that will not satisfy, so I'll ramble on a bit. Harry Bass, Armand Champa, then (and now) Dan Hamelberg, overlapped each others' acquisitional timeframes. Other names could be added to this unparalleled period in the field of American numismatic literature. John Adams, for one, jumps to mind, as does the original host of the disease, John Ford; George Fuld and Eric Newman were also pioneers. Craig Smith, though largely unknown until his library was dispersed earlier this year, promised to carry on the tradition. Right now, I cannot provide the name of a new carrier of the flame, though there are candidates. Libraries are a reflection of their owners. This is trite but true. Harry Bass formed his library on a scale commensurate with the size of his state, though with keen discernment. He viewed his holdings as a source of information on the coins he loved to collect, though he was no less enamoured of his library and treated it as such. The raison d'être of Armand Champa's library is more complicated, or perhaps not. Books seemed to be the end, not the means. He loved to be the big buyer at auctions, traveled the country to buy libraries or single rare books, and he was a great popularizer. With the help of Armand and his peers, the numismatic book market made great forward leaps. Dan Hamelberg came to the endeavor as a seeker of information and has become a keen preserver of our heritage. Library buckram rules no more. Harry Bass limited himself to works written in English; Armand Champa had nearly all of the rarities but sometimes lacked more common though essential reference books; Dan Hamelberg's main emphasis has been on works concerning American coins, though titles on paper currency and tokens and medals have in recent years come under his purview. Bass left his books and catalogues as is. Champa often "messed" with them via "sophistication" (combining elements of two or more different copies of a work to "perfect" one) or by binding or rebinding, frequently to their detriment, at least in the early years. Hamelberg has combined the best of both approaches, often housing delicate items in protective book boxes, thus preserving them in their original state. What does the future hold? The market has matured in some respects yet much remains unknown or little understood. Opportunity abounds and interest in the field continues to expand to a new generation of bibliophiles and researchers, facilitated to some degree by the ubiquity of the internet. Will material be dispersed to specialists or will general libraries continue to be formed? My guess is that the day of the great comprehensive numismatic library is not over." A NUMISMATIC BOOK FIND: HAWKINS' SILVER COINS OF ENGLAND, 1876 Gerry Anaszewicz writes: "I love all books, and especially coin related books! Both The E-Sylum and the print version (The Asylum) are top shelf in my book! Thanks for making them. I've been collecting coins for over 30 years, and books, more or less seriously, for about 20. I bought from The Money Tree, visited Michael & Marlene Bourne before Remy, et al. I mainly collect Russian coins and books, but always dabble in interesting coins (and books!) from anywhere. For Thanksgiving I visited my family in Chicago (I'm in Connecticut now) and hit as many used book stores as I could find. At one, after picking up several rock music and movie related books, I asked the owner if he had anything on coins. He told me no, but then remembered one volume he's had for a long while. I bought it of course! Though I don't really collect coins of England, the handsome volume was too good, and too cheap, to pass up. It was "The Silver Coins of England, with Remarks on British Money, Previous to the Saxon Dynasties, by Edward Hawkins, 2nd edition, from 1876! Beautiful gilt covers with an engraved coin of Victoria. No idea if rare or not - or even useful! But a classy addition to the library. Any ideas on rarity or usefulness? It even included a few loose engravings (distinct from plates) of coins and medals." SEVENTH EDITION COMPREHENSIVE CATALOG OF U.S. PAPER MONEY In the November 24, 2005 (Vol 7, No. 1378) issue of MPC Gram, the military numismatics newsletter, editor Fred Schwan discussed a new book his company (BNR Press) is working on. He writes: "I have mentioned several times that I have been working with Carlson Chambliss on a new book... The book is the seventh edition of the Comprehensive Catalog of U. S. Paper Money. The first six editions have been by Gene Hessler. The seventh edition adds Carlson Chambliss as a co-author and general editor. If I may say so, this is a perfect match. Gene has done outstanding research on many aspects of US paper money. This research shows in the first six editions and continues in this edition. I would categorize Gene's research as being of a more or less non-commercial nature. Of course, all editions have included values and Gene did a good job of soliciting help from collectors and dealers for this aspect of his catalogs. However, that part was hardly a passion. It was a duty. On the other hand, Carlson is a market maven. He studies the heck out of just about every public transaction. He can read an auction prices realized list and get excited where most of us would go to sleep. Furthermore, he is an active and advanced collector of most areas covered by the catalog. This is an ideal marriage of talents and I believe that the product will reflect that." GETTING CURRENCY IMAGES FROM THE B.E.P. In the same issue of MPC Gram (No. 1378) Fred Schwan discusses the lengthy process publishers must go through to get approved images of new U.S. currency for publication. He writes: "One of the last pieces missing from the book has been images of the $10 Series 2004A notes. The design was released about two months ago. You have seen pictures in the numismatic press and possibly even in the general media. Of course we wanted to include images of the new design in the book even if they have not yet been released because, among other things, the notes might be out by the time that the book is and certainly will be circulating during most of the functional life of the catalog. I went to the BEP web site. You can do the same. Anyway, I found that some low resolution images are readily available. These are certainly suitable for reproduction in newspapers, but not suitable for use in the book. The site includes information about requesting high resolution images. The intended use must be provided. That was no surprise although it would not do any good if there was no checking on the requestor. Much to my surprise the process then required submitting a written request requiring substantial personal and business information. I jumped those hoops then was told that it would take a few weeks for approval. I must point out that the staff was helpful and stayed in contact via email. Yesterday I received an email that the images had been shipped and would arrive via Fedex today. The sender also explained that after I received the CD, I would have to call the BEP to obtain the required password to open the images. The package arrived today. The CD has nice BEP markings, a serial number and bar code. It would make a nice addition to my collection except that the provided documents demand the return of the CD. Darn. Everything went OK with the computer, but as promised a password was required before I could open the thing. I called the BEP. The person was pleased to hear from me and had expected the call. The first few tries were unsuccessful because of the syntax of the password, but ultimately they extracted two recognizable files (one each face and back). I then ran Photoshop and attempted to open the files. The file for the face opened, easily and quickly. It also printed without problem. The back however would not open in Photoshop. I got the same message that was discussed in the past about the software not allowing images of paper money! Double darn. I then tried importing the images into the software being used to lay out the book (In Design CS). They BOTH imported just fine and also print fine. Fortunately for me the images were nicely cropped etc so that I only needed to drop them in." JULES REIVER AND JOHN HAUGH Larry Gaye writes: "I was very interested in seeing the news of Jules Reivers' large cent collection coming to the market. I had the pleasure of meeting Jules at the ANA Convention in Portland, Oregon in 1998. John Haugh his friend and contributor to Jules' book The United States Early Silver Dollars 1794 to 1803 had a reception at his home to fete Jules and others from the convention. It was here that Rob Retz and I met Jules and were invited into his warm and generous fraternity. He shared some of the coins he brought for sale and gave all present "first shot" before presenting them to the rest of the copper weenies on the floor. What a great time. Sadly, John passed away several years ago, and this is where the biblio connection comes in. I was browsing Powell's' Book store and found several books that came from John's library. I immediately bought them as most were inscribed to John by their respective authors. Among them was one inscribed to John from Jules, it said: "To my friend John Haugh with Best Wishes, Jules Reiver." I was truly amazed that these books found their way to Powell's and was sure they would be marketed to numismatists. Well, my library is very thankful they are there." COMPANIES BATTLING OVER SALE OF KRAUSE PUBLICATIONS BUYER On November 25 the New York Post reported that "A fight between two of the big media money power players in New England — Boston-based Abry Partners and Providence, R.I.-based Providence Equity Partners — looks like it will get nastier before anyone comes to their senses and settles. The quarrel is over the pricetag for F+W Publications, a mid-sized publisher for magazine titles including Writer's Digest, Turkey & Turkey Hunting, Old Cars Weekly, Numismatic News and several book clubs directed at hobbyists, including WoodWorker's Book Club. In August, Abry paid $500 million for F+W Publications, which was headed by Primedia co-founder William Reilly with financial backing from Providence Equity. Three months later, Abry appears to be suffering from a severe case of buyer's remorse. On Nov. 3, Abry filed suit against Providence trying to rescind the purchase or obtain a major damage settlement. Abry claims that Providence "had employed a variety of devices and schemes to artificially inflate the company's reported revenues for the first half of the year, according to a suit in Delaware Chancery court." To read the full story (registration required), see: Full Story Here's another story in a publication for dealmakers: Full Story BRUCE MCALL'S LOS ANGELES HOME SAVED FROM DEMOLITION An historic home once owned by coin dealer Bruce McNall Will be moved to save it from demolition in Los Angeles. According to a November 26 article in The New York Times, "Paul Revere Williams, who designed the Morris Landau House, could not have lived in the tony Holmby Hills section of Los Angeles when the home was built there. Williams was black, and in 1936, the year he completed the red brick English-country-style residence, African- Americans were barred by restrictive covenants and prevailing biases from owning property in the best parts of the city." "By the time he died in 1980, black celebrities were moving into Beverly Hills and Bel Air. The Landau House, meanwhile, named for the South African merchant who commissioned it, would continue passing from owner to owner, among them Bruce McNall, who built a vast fortune as a coin collector before going to prison for fraud, and Ronald O. Perelman, Revlon's chairman." To read the full story, see: Full Story STOP THE PRESSES! TYPO FOUND ON BANKNOTE A November 22 Associated Press story reported that "The Central Bank of the Phillipines [sic] quickly halted circulation of a batch of new banknotes after noticing an embarrassing typo on the bills." Full Story [After Ken Berger's reprimand in the October 16, 2005 E-Sylum, I want to quickly note that the misspelling of "Philippines" isn't mine - it came from the web site (hence the [sic] notation I added). The page links to a video which I was unfortunately unable to view on my computer. If any of you can run it, please let us know what it says. I've also been unable to locate another copy of the Associated Press story. -Editor] Neil Shafer writes: "For some reason I could not read the article either, but the note is a 100-Piso with the president's name spelled as ARROVO instead of ARROYO, probably as part of the signature title, as the president of the country is one of the signatories on Philippine paper issues. I have not yet seen an example but hope to before long. As to other instances where a paper money issue has been suppressed because of some error, the 20-Boliviano note of 1911 from the Banco de la Nacion Boliviana comes to mind. Notes were prepared in values from one to 100 Bolivianos by American bank Note Company, and all were duly issued- until it was discovered that the back plate for the 20B with repeated denomination wording around the inner periphery said 20 PESOS, an amazing error and only on this one denomination. As I understand it, the small number of issued pieces were recalled as much as possible, and a new plate with the correct 20 BOLIVIANOS inscription was prepared. I have seen one issued example of the error note in very low grade, and a single back proof with this error was part of the American Bank Note Company Archive Sale held by Christie's in 1990-91. I'm sure there are other significant instances of recall but they will have to come later if anyone (including me) can think of them!" [So - can anyone tell us about other banknotes that have been recalled (either before or after entering circulation) because of a mistake? -Editor] SWEDEN PHASING OUT HIGH-DENOMINATION NOTES Ralf W. Böpple of Stuttgart, Germany writes: "One of the recurring topics in the E-Sylum has been the process of electronic money replacing cash. According to recent newspaper reports, the Swedish monetary authority has published a proposal to take the county’s largest bill, 1,000 kroner (about $120), out of circulation. At a later stage, even the 500 and 100 kroner bills should follow. The reason behind this is the officials’ view that large amounts of cash and high denomination bills are predominantly used in illegal transactions. Cash is not electronically traceable, tax evasion or money laundering can thus not be documented. Simply put, no honest individual or reputable company should have a significant demand for high denomination bills. There is also another point to this. A number of spectacular assaults on cash transports have occurred in Sweden in the recent past, and the authorities simply think that it is much more difficult to carry away an amount of, say, ten million kroner, if it consisted of 50 kroner bills only. According to the report, credit cards and electronic payment systems are widely used in the population, and many Swedes don’t even know how what a 1,000 kroner bill looks like." [So what DOES it look like? Can anyone point us to a web page with an image and information on the Swedish 1,000 kroner note? -Editor] BOGOTA COUTERFEITING OPERATION HALTED On Monday, November 21, 2005 The Daily Journal of Bogota, Columbia reported that "Police assisted by U.S. Secret Service agents on Sunday broke up a network capable of printing millions of dollars a month of excellent quality counterfeit money and arrested five suspects during a raid on a remote village in northwest Colombia, officials said. Nearly U.S.$3 million in fake 100 dollar bills was seized during the raid in Dagua, a village nestled in Andean foothills some 300 kilometers (190 miles) southwest of the capital, Bogotá, said Eduardo Fernández, head of the DAS police agency in Valle del Cauca state. "The printing plates they were using were very good, so that the quality of the counterfeit money was excellent,” he said in a telephone interview with The Associated Press. Fernández said Valle del Cauca, of which Cali is the state capital, has turned into a center of global counterfeiting. "Entire families are dedicated to falsifying and trafficking money.” MORE ON BILL SPENGLER Russ Rulau writes: "I learned of Bill Spengler's passing through The E-Sylum. It troubles me greatly. I've known Bill as one of the finest gentlemen in our hobby for many years, and he and I were together on several numismatic study tours in Europe. In 1969 Bill was a member of our small (20 people) tour group that visited Bern for the International Numismatic Congress, along with such luminaries as Miguel Munoz, Ken Bressett, Grover Criswell and others. After Bern we toured Paris, London and Oxford, meeting numismatists all the way. My wife Darlene and I lunched with Bill in a small cafe on the Champs Elysee -- Chinese food. Bill pulled a very memorable joke that has stuck with me these 36 years. He said he opened a fortune cookie once, and the message inside said, "Help! Help! I'm a prisoner in a Chinese fortune cookie factory." Later, at the Ashmolean Museum coin cabinet in Oxford, he displayed his knowledge of south Asian coins better than the curators. In the summer of 1993, 22 Americans including Bill, myself, Bob Julian, David Bloch, Hal Blackburn, Emil Ilko, Bob Barrett, Irving Berlin (of Texas) and others put together a 3-week tour of the Soviet Union. Landing in Leningrad we visited the Hermitage collection; in Odessa we met with local collectors just forming a coin club; then Mineralnye Vodyi in the Caucasus; off to Tashkent, Bukhara and Samarkand, finishing up in Moscow. Bill spoke Russian as did our Intourist (no doubt KGB) guide/translators. Bill at that time had a summer home in Rural, Wis., Just 20 miles or so south of Iola, so he visited Krause Publications frequently. He was a great guy -- almost everyone who knew him say that." Bill Rosenblum writes: "More than a few of you have asked me if their is a something we can do in Bill Spengler's name. I spoke with his widow, Phid, earlier this week. First of all she is doing quite well as she has a very good support system with two sons in the area plus a number of organizations she belongs to. She suggested a few of Bill's causes: South Asian Earthquake Relief which can be contacted at Worldvision.com or unicefusa.org. Also she mentioned Pikes Peak Hospice at Pikespeakhospice.org. Of course a donation to the ANA in Bill's name would also be appropriate. I think that Rita and I personally will make a donation to the Pikes Peak Hospice as they not only helped Bill and his family but three years ago we lost a very close friend to cancer and they were amazingly supportive to his widow, his family and friends. Obviously you must do what you feel is correct." GEORGE KUNZ AND THE LUSITANIA Regarding our earlier discussions of George Kunz of Tiffany's, Roger Burdette adds: "Please extend my thanks to Kay O. Freeman for providing corrected information on Louis Hannweber (not Karl Hanwebber) of Tiffany's." Greg Burns (www.LusitaniaMedal.com) writes: "One of the items in the 11/20/05 issue of The E-Sylum caught my attention: the name of George F. Kunz (A/K/A Kuntz), of Tiffany jewelry and mineralogy fame. One of my passions is the Lusitania medal designed by Karl Goetz, the Munich medallist. During one of my forays into the on-line world I found a resource that had a letter (which I later purchased), signed by Robert Lansing (at that time Counselor under Secretary of State William J. Bryan), written to Mr. Kuntz at his New York City address on Fifth Avenue, stating that the State Department had received Mr. Kuntz' letter "...of February 18th, and in reply informs you that your remarks relative to the use of the American flag by foreign powers, has received the attention of the Department." The significance of the letter to me was the inference that Mr. Kuntz had been aboard the Lusitania during its trip from New York to Liverpool early in 1915, and he had evidently personally witnessed the incident referred to: the use of the American flag by the captain of the Lusitania to confuse any enemy submarines that may have been observing her at the time. This well-documented incident aroused American protests and German, too. The facts of the incident were that the German submarine U-21 had, on January 30, 1915, sunk three unarmed merchant vessels in the Irish Sea, close to the port of Liverpool (Lusitania's home port). The heightened tension caused Captain Dow of the Lusitania great distress, and according to President Wilson's emissary, Colonel Edward House, on board at the time and recording in his journal the entry for February 6, "This afternoon, as we approached the Irish coast, the American flag was raised. It created much excitement and comment and speculation ranged in every direction." Mr. Kuntz had apparently indignantly written to the State Department to complain of this illegal ruse, perhaps surprising since he had been the recipient of the safety it would have prompted. Less than three months after the State Department letter, the German submarine U-20 loosed a single torpedo which sunk the Lusitania in 18 minutes killing 1,201 on board. Only a month after the sinking, Secretary Bryan resigned his post in protest of Wilson's stance during dialog with the German government over the incident. So many titans of politics and government - so much drama! I don't know why I'm writing this to you, except perhaps to note that as Frigyes Karinthy proposed in his 1929 short story, "Chains", we are all connected by six degrees of separation. Other writers to E-Sylum mention George F. Kuntz, and when I see his name what sparks in my mind is his relation to the Lusitania and his role as a minor player in the unfolding of that momentous event. And this is what I love about numismatics. Go figure..." HOMER SAINT-GAUDENS AND THE CARNEGIE HIGH RELIEF $20 Last week I noted that Saint-Gaudens' son Homer was associated with the Carnegie Museum in Pittsburgh, and recalled a story that Homer had arranged to donate an extremely high relief double eagle to the Museum's collection. Roger Burdette writes: "This is very interesting. In 1908 Augusta Saint-Gaudens was sold one of the two EHR $20 from the Philadelphia Mint collection at the direction of President Roosevelt. Augusta later gave the coin to Homer. According to Dr. Duffy at the SGNHS the coin was not part of the material transferred to the National Park Service and no one seemed to know what happened to Homer's EHR $20. If Homer donated his coin to the Carnegie Museum and the holdings were later sold, it may be possible to trace the coin's present owner. This would be the only EHR example with any direct connection to the Saint-Gaudens family." [It would indeed be interesting to verify this tale. Glenn was a fountain of knowledge about the Carnegie's collection, but unfortunately he's gone now and I have no documentation of the story other than my own poor memory. I definitely recall Glenn telling me a coin donated by Homer was misplaced, and I'm very sure it was a high relief $20 Saint. Was it an extremely high relief? That's the way I recall the story, but I could be wrong or perhaps Glenn was. He told the story a number of times; some of our E-Sylum readers are members of the Western Pennsylvania Numismatic Society, and may have their own recollections of the tale. Even if it wasn't an EHR, it still makes for an interesting story - even a plain -ol' high relief is a scarce and valuable coin to misplace, even temporarily. I believe there were four sales of the Carnegie numismatic holdings in New York, London, and Zurich. A review of the catalogs would at least confirm whether or not a high relief $20 was sold by the museum, and if so, the catalog description might note the provenance. The only sale I have handy is the March 24-26 New York sale by Spink & Son USA, held at the Vista International Hotel at the World Trade Center. This was the third sale in the series. Lot 871 is described as "Double-eagle, 1907, Saint-Gaudens type, high relief, wire edge. Two edge bruises on reverse at 4:00; very slight cabinet friction, otherwise as struck and choice." It does NOT say the piece is an EHR example, only "high relief". -Editor] Roger adds: "The situation actually extends to the $10 plain edge pattern and several HR $20s once at the Aspet studio. These and all the gold medals went missing from the S-G property. I suspect that a careful investigation would show some interesting gold specimens "appearing" out of thin air at some auction or other in the 1970s or later. I doubt that the Carnegie had an EHR $20 - even 50 yr ago it was too well known to be casually overlooked. It seems that museum and public collections like to have a specimen owned by someone famous, but then forget to properly identify the pieces. The Mitchelson collection in CT has one HR $20 from Henry Hering but there's no way to tell which coin it is, or if it was one of those sold some years ago. A bunch of the ANS coins came from George Kunz, although Huntington or others may have reimbursed him for the cost. Maybe my book on the S-G & Pratt gold designs will pop some items out of the woodwork." MASSACHUSETTS HISTORICAL SOCIETY ONLINE CATALOG Dave Perkins writes: "I recently learned that the Massachusetts Historical Society has an online catalog, with quite a few historical and numismatic references. I entered a number of searches, both numismatic and genealogical (both my Perkins and my Strong families date back to the 1630s in Massachusetts). One search turned up an interesting and different type of pedigree on a Spanish Milled Dollar dated 1773, as follows: “1773 Spanish Milled silver dollar (modified pillar series), stained with blood [my apologies…] from the Battle of Bunker Hill, enclosed in a frame with a note signed by Nathaniel Greenough. The note explains that the dollar was taken from a “British soldier’s woman” by Greenough’s sister Hannah a few days after the battle in 1775. Also includes a tax bill to Greenough.” It’s not often we learn where an old silver dollar was in 1773-5. A second item was more of a personal interest to me, and references a shipment of gold dollars: “Documents regarding the shipment of $40,000 Spanish-milled gold dollars to Batavia (Jakarta) aboard ship Rebecca, by James and T. H. Perkins. Includes justice of the peace certificate for William Stevenson signed by Mass. Gov. Caleb Strong, declaration, invoice, and bill of lading.” This had double interest for me. The first interest was of course numismatic. The second, I’m distantly related to Gov. Caleb Strong (1745-1819) on my mother’s side of the family (she was a Strong). I’m also distantly related to these two Perkins. If interested, here is the web address for the Massachusetts Historical Society online catalog: Online Catalog Click on the ABAGAIL Online Catalog, and enjoy!" DOLLARS AND CENTS: PRESIDENTIAL COIN BILL UPDATE Dick Johnson writes: "The Senate passed legislation last week that authorized the U.S. Mint to strike presidential dollar coins, much like the successful statehood quarter dollar program. It's similar to House bill passed earlier this year; backers say President Bush is sure to sign this bill into law. In addition to the presidential dollar coins, it authorizes changing the reverse of the Lincoln Cent in 2009, the bicentennial of Abraham Lincoln’s birth. The cent design change had been proposed by the Abraham Lincoln Bicentennial Commission. Perhaps you read it first here in The E-Sylum back in June 2004 (vol 7, no 26) when first notice was published of their desire for cent design ideas. The Senate bill (S. 1047) retains the concept of the four reverse designs proposed by the Lincoln Commission, each for a different period in Lincoln’s life and honoring three states in which Lincoln lived and worked plus Washington DC where he was president. The states are: Kentucky for his birth and early childhood; Indiana for his formative years; and Illinois for his professional life where he practiced law. The bill further authorizes a $10 bullion coin series bearing images of the First Ladies. The issuance of U.S. coins honoring states and now presidents follow closely the concept of private medal series in half-dollar size issued forty years ago. Popularity of president medal series and state series by Presidential Art of Vandalia Ohio, led to a third series – Signers of the Declaration of Independence Series. Could this foretell the prospect for a future series for the U.S. Mint? The medal series was popular for the patriots in America’s formative years, particularly those founders who were not presidents, like Benjamin Franklin and John Hancock. All three series were created by one artist, Ralph Joseph Menconi (1915-1972) in contrast to the artistic hegemony which has created the coins. These medals are more than "associated items" to the coins -- they are the same subjects! I see exhibits of both coin and medal series side-by-side in the future. If you wish to read about the law passed last week, click on: Full Story David M. Sundman forwarded the following update from the Office of Senator John Sununu on the Presidential $1 coin Act. It's a lengthy law with many provisions. "The United States Senate today (11/18) approved bipartisan legislation introduced by Senator John Sununu (R-NH) that would place images of U.S. presidents on a new $1 coin. The "Presidential $1 Coin Act of 2005" (S. 1047) - which 71 senators co-sponsored - aims to bolster circulation of the $1 coin, generating millions of dollars for consumers, businesses, and the federal government." "S. 1047 is based on the successful 50-State Quarter Program established by Congress in 1997. That program has helped renew interest in coins, coin collecting and the history of our nation's states in addition to quadrupling the number of quarters in circulation and earning the federal government millions of dollars. According to the Government Accountability Office, a fully circulating dollar coin would earn as much as $500 million a year for the government. The revenues reflect the difference between the costs of making the coin and the amount of worth it carries in commerce, equaling about $0.80 for each $1 coin. Specifically, Sununu's legislation: * Places the images of four U.S. presidents on the dollar coin each year, in the order of their service, until all are so honored, starting in 2007; * Features the Statue of Liberty on the reverse side of the coin; * Locates significant information, such as the date and the so-called mintmark, on the edge of the coin; * Provides for the Sacagawea coin to continue to be issued during the Presidential Coin Program; upon termination of the program, all $1 coins will revert to the Sacagawea design;" * Requires the federal government to use the dollar coin in all of its retail operations; * Requires that dollar coins be available in convenient forms, including rolls and small bags, enabling businesses to use the coins easily; * Takes steps to address problems created by the co-circulation of the Susan B. Anthony coin with new dollar coins; * Creates a new pure-gold bullion coin to honor presidential spouses, generating excitement about the series, and appealing to collectors and investors; * Creates a new, pure-gold bullion, one-ounce coin with the image of the so-called "Indian Head" or "Buffalo" nickel - a popular design for investment; and * Calls for the issuing of newly designed pennies to celebrate the 200th anniversary of the birth of Abraham Lincoln." FEATURED WEB PAGE This week's featured web page is suggested by Roger deWardt Lane. He writes: "While searching for pictures of British coins I came across this short but very well done page. 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. |
|