Welcome to The E-Sylum: Volume 9, Number 23, June 4, 2006:
an electronic publication of the Numismatic Bibliomania Society.
Copyright (c) 2006, The Numismatic Bibliomania Society.


WAYNE's WORDS

Among our recent subscribers are G. R. Tremblay, Wayne K. Schroll,
Sandra E. Marxen, Bob Leuver, courtesy of David Ganz and George
Kimmich, courtesy of Nick Graver.  Welcome aboard!  We now have
918 subscribers.

This week we have a number of interesting reader queries on topics
including an 1876 numismatic periodical, the best wood for library
shelving, sources for archival bookplates, and Civil War
identification discs.

Closer to home we have a new E-Sylum archive feature that should
make it easier to locate past articles on the NBS web site.  And
speaking of Internet resources, we have excerpts from a great New
York Times article on the rapidly increasing body of online texts
and the future of books.

Even closer to your Editor's heart is an upcoming auction including
items from my own collection. (Yes, I collect more than just books...)
And finally, do you suffer from "collectile dysfunction"?  Read on
to find out.  Have a great week, everyone!


Wayne Homren
Numismatic Bibliomania Society


BRYCE BROWN LITERATURE PRICE LIST AVAILABLE

Bryce Brown writes: "I invite all E-Sylum readers to browse through
my newly-updated numismatic literature price list.  Many new items
have been added this week.

June special for E-Sylum readers:  10% off all items PLUS
free shipping with your $100 order.  Contact me via email at
numismatics@att.net or visit Price List"


DOUG WINTER's GOLD COINS OF THE NEW ORLEANS MINT: 1839-1909

Dave Ginsburg writes: "On behalf of Doug Winter, I want to let
everyone know that his latest book, "Gold Coins of the New Orleans
Mint: 1839-1909" has just gone to press.  The publisher, Zyrus
Press (www.zyruspress.com) expects that it will be available in
late June or early July.  This volume represents an updated edition
of the author's "New Orleans Mint Gold Coins: 1839-1909", which
appeared in 1992.

This edition includes color photographs of each plate coin (over
100 in total), updated population estimates, comments on each
coin's typical appearance (strike, surfaces, luster, coloration
and eye appeal), and a discussion of die characteristics, major
varieties, significant examples and auction record prices.

As a "special treat", this edition includes a history of the New
Orleans Mint and an illustrated overview of its operations by Greg
Lambousy, Director of Collections of the Louisiana State Museum
(a copy of Mr. Lambousy's article on the history of the New Orleans
Mint that appeared in the March 2003 issue of Numismatist is available
at Mint Article), and my essay discussing
"How Gold Coins Circulated in 19th Century America", both written
especially for this book.  The press run for this edition is
expected to be between 1500 and 2500 copies."


CORRECTION: COIN WORLD's COIN VALUES MAGAZINE

Beth Deisher writes: "Thanks for the mention of Roger Burdette's
article on the proposed 1942 half dime in the current issue of Coin
World's Coin Values. Please note the name of the publication is NOT
Coin Prices. (Coin Prices is a magazine published by Krause.)  For
those who do not receive Coin Values as a supplement to Coin World,
it is also available on newsstands throughout the nation (Borders,
Barnes & Noble, BooksAMillion and Wal-Mart -- to name a few) and
is in the September 2006 issue."

Mark Ferguson adds: "I am the U.S. Values Analyst for "Coin Values,"
meaning I do all the valuations for the magazine.  We really
appreciate the wonderful acceptance of this publication by the
market since its introduction in 2003 and let me say that it's
been an overwhelming challenge trying to keep up with this
unprecedented bull market we've been experiencing during these
past few years.  Most dealers and advanced collectors have really
been gracious and helpful to me.  Thank you all very much!"

[I'm sorry for the oversight - I had the issue right in front
of me and still got the title wrong.  Anyway, be sure to check
out the articles in each issue - there are gems within.  -Editor]


E-SYLUM MASTER TABLE OF CONTENTS DEBUTS

John Nebel has created a new master index of E-Sylum articles
on the NBS web site.   It's one big huge page listing ALL individual
E-Sylum articles in chronological order.  This lets people scan the
entire list or use their browser's FIND feature to locate articles
of interest.  The page will be updated automatically as new issues
are posted to the archive.  Because of its size the page takes a
few seconds to load even on a broadband connection, but once loaded
it can be scrolled or searched very quickly.

Many thanks to John for his volunteer efforts on our behalf.  NBS
webmaster Bruce Perdue contributed as well, with his suggestion to
add some navigation links to the page.  This new master table of
contents should be a very useful tool for anyone searching for
articles on particular topics.  Be aware that some (OK, many)
article headlines may not be terribly informative, and remember
that the contents of the articles should be fully indexed in search
engines like Google.  So if you can't find what you're looking for
in the table of contents, try a web search.

Here's the direct URL for the master table of contents:
esylum_toc.html

As examples of how the master table of contents can be used, two
later items in this issue list E-Sylum articles on specific topics
- the 1913 Liberty Head Nickels, and Bolen medals.


ANS ONLINE CATALOGS UPDATED

In a note to the ANS Yahoo mailing list Thursday, Sebastian Heath
of the American Numismatic Society writes: "In preparation for the
start of the Graduate Seminar, the public versions of the ANS
library catalog and object database have been updated with
information current as of yesterday (Wednesday, May 31st). These
can be searched via the page: numismatics.org/search "

To subscribe to the ANS mailing list, go to: ANS mailing list


1876 ROBERT MORRIS NUMISMATIC PILOT PERIODICAL INFORMATION SOUGHT

Edith Willey writes: "I am trying to find out some information
about a flyer-type of numismatic ephemera: "Numismatic Pilot to
Ancient Coins and Their Uses".  It also says "La Grange, Kentucky
Vol. 1 No. 1 1876".  It refers to Robert Morris L.L.D. of
La Grange, KY.

There are two pages, front and back, 1-4.  On page four it talks
about the American Association of Numismatists.  Have you any
knowledge of this?  It is about the size of a newspaper."

[I'm away from my library.  "Numismatic Pilot" sounds very
familiar, but I don’t think I have any issues. Can anyone fill
us in?  -Editor]


NATHAN EGLIT's LIBRARY NUMERING SYSTEM

Regarding Steve Pellegrini's question about his copy of "Coins
of the Popes", David Gladfelter writes: "I believe that the Coffin
book was in Nathan Eglit's library and that the number had to do
with Mr. Eglit's shelving system. I have a different book from his
library (a catalog) with his signature and the number 34. Nathan
Eglit is one of Pete Smith's 1400. He is best known as the author
of "Columbiana, The Medallic History of Christopher Columbus and
the Columbian Exposition of 1893" published in the 1960s. He was
a charter member of the Token and Medal Society (TAMS) and an
associate editor of its journal."


QUERY: BEST WOOD FOR LIBRARY SHELVING?

Ed Perkin writes: "A while back there was much discussion on what
everybody thought was the ideal home library.  It was very interesting.
My question is similiar in that nature yet still different.  I plan
on building my own shelves for my home library and am curious to know
two things.  First, is there a type of wood that is better for
library shelves?  I do not like metal and besides, working with
metal is quite difficult and frankly I do not really know how to
do it.  The second is, what type of wood do others favor?"


ARCHIVAL QUALITY BOOKPLATES SOUGHT

Fred Reed writes: "I, like many members of the Numismatic
Bibliomania Society and readers of The E-Sylum (probably) would
like to find a source for numismatic or historically-oriented
bookplates for the volumes in our libraries.  If any reader knows
of a source for archivally safe, custom designed bookplates (in
other words, unique designs submitted by the individual collector),
please let us know"


JOEL MALTER LIBRARY SALE ARTICLE

The May 29, 2006 issue of Coin World has a nice article by
Jeff Starck (p112) on the upcoming sale of the Joel Malter
numismatic library.  Starck interviewed the 75-year-old Malter
at length.  Here are some quotes:

"The end of my life is close and I thought, 'I don't want to be
six feet under when my library is disposed of," Malter said,
"What makes a collection so holy you can't disassemble it and
let other guys collect it?"

Malter began buying numismatic literature before World War II,
when he was 10 or 11 years old.  "I never passed by a bookstore
that I didn't go in.  I never passed up a coin book as long as
it was adding to my library..."

To view the auction catalog, see: auction catalog


THE FORD COLLECTION: THE AMERICANA SALE OF THE CENTURY

Regarding Alan Weinberg's commentary on the most recent Stack's
sale of the John Ford collection, George Fuld writes: "Alan's
comments were most enlightening.  I had the privilege of cataloging
Ford's tokens and medals.  I cataloged over 5,000 pieces (or lots).
So far, the only parts sold have been the Hard Times Tokens and
the struck copies.  His merchant tokens are amazing and his
political medals and tokens are probably the best ever sold.
The four Nova Constellatio patterns remain to be sold.  It is
easy to picture seven more sales!!  This is truly the Americana
sale of the century."

Tom DeLorey slyly writes: "Which one will contain the
Western Assay Bars?"

Bob Lyall writes: "I think it should be put on record that
John Ford's first sale (to my knowledge) was his West Indian
coins (plus some world countermarked coins) which were sold
in London by Glendining on 16th October 1989 and expertly
catalogued by Peter Mitchell of Baldwins.

The evening after the sale, Baldwins invited buyers to a dinner
party at Rules Restaurant just off the Strand in London, which
was a quite delightful evening in the oldest restaurant in London.
Indeed, Rules has another reason for fame.  The Prince of Wales,
later Edward VII, entertained Lily Langtree there frequently.
Again, for the record, those collectors of plugged and countermarked
"joes" might like to know there were some 34 West Indian and North
American pieces in this sale."

[Ford consigned important material to various sales throughout
his lifetime, but I think the Glendining sale was the first
where he was identified by name as a consignor.  Has anyone
compiled a listing of earlier consignments of Ford material?
-Editor]


AMERICANA IN THE NEXT AMERICAN NUMISMATIC RARITIES SALE

John Kraljevich of American Numismatic Rarities writes: "ANR's
next auction catalogue is online now at anrcoins.com. This sale
is one of our semi-annual sales that gets into some more obscure
material, including an extensive group of counterstamps, a
collection of colonial currency, a group of Naval medals including
a Henry Lee obverse cliche I'd never see before, some important
Washingtonia, Conder tokens and other world coins, a pedigreed
collection of encased postage, and some very neat related material
like Civil War-era postage stamp envelopes and significant
collection of Civil War-era cardboard money.

QDB, Frank Van Valen, John Pack, and myself all worked on the
exonumia -- we all enjoy it, know something about it, and like
the break it provides from box after box of type coins that
sometimes run together. It's hardly cost effective, but it lets
our geek-factor get a chance to play.

Of course, we all had fun U.S. coins to work on, too. The Springdale
Collection of Saint-Gaudens Double Eagles is a beautiful group.
There is a MCMVII $20 from the collection of Mrs. F.C.C. Boyd from
another private consignor. Over 100 lots of half cents are included,
including some from leading collectors. Gobrecht dollars and Pan-Pac
$50s are represented by multiple pieces. It's a neat sale.

The auction will be held in Rosemont in conjunction with the
Mid-American Coin Expo June 21-23."

[The counterstamps and Civil War numismatica were consigned by
yours truly, so bid early, often and high.  These collections
were formed over 25 years, but I made the decision that it's
time to set them free and move on to other areas of numismatics.
The encased postage stamps are the highlight of the consignment,
including many of the scarcer merchants.  Here are a couple of
my favorites:
Wayne's Favorites
Wayne's Favorites

I began forming the collection in the early 1980s while working
with Bob Kincaid and Fred Reed on the research that became Fred's
landmark book on the subject.  Access to Bob's population estimates
allowed me to purchase some overlooked rarities with as few as 2
or 3 examples known. Besides the Civil War history connection, it
was their rarity that attracted me to the series.  Many of these
are rarer than 1804 Silver Dollars or 1913 Liberty Nickels, yet
are far more affordable.  Less comprehensive as a collection but
equally rare are the related postage stamp envelopes and cardboard
scrip.

The consignment also includes a Confederate Half Dollar Restrike,
the accompanying Scott token, and a 1861-O U.S. Half Dollar with
the famous obverse die break that led some to speculate that they
may have been among the last coins struck by the Confederate States
of America before they closed the captured New Orleans Mint.
These I purchased from the legendary Bust Half collector, Chuck
Erb of Pittsburgh.
More of Wayne's Favorites
More of Wayne's Favorites
More of Wayne's Favorites
More of Wayne's Favorites


Merchant counterstamps were another field I got into, this time
as a result of a presentation by Roy Van Ormer at a meeting of
the Western Pennsylvania Numismatic Society.  When Dave Bowers
auctioned Roy's counterstamps in 1987 I purchased several from
the sale and subsequently added more by purchasing from dealers
and private collectors.  Like encased postage stamps, these coins
are also teeming with history and many are rarer than hen's teeth.

For fun I pursued a set by undertype, collecting one of every
different U.S. coin type I could find.  At the time this was a
way of putting together a poor man's type set, for a counterstamped
Bust Dollar could then be had for less than a comparable
circulated coin without such a mark!  Here are a few examples:
More of Wayne's Favorites
More of Wayne's Favorites
More of Wayne's Favorites

I hope my old friends find good homes, and look forward to
adding the catalog to my library (and getting extra copies
for my kids, so someday they'll know where the seed money for
their college fund came from).  -Editor]


LARGE CENT TAKES A BEATING FROM COUNTERSTAMPS

One of the pieces John Kraljevich had fun cataloguing for the
June ANR sale is an 1802 large cent nearly beaten to death with
counterstamps.  It was one of my favorite coins as well.  With
permission I'll quote the catalog description:

"One of the most interesting countermarked large cents we've
ever encountered, marked by three different Boston area silversmiths
with a total of 16 stamps! The rims have been hammered or "spooned"
in to create a high rim, but abundant detail remains on the large
cent. The Davis and Brown mark, Brunk D-174, was the hallmark of a
silversmithing partnership based in Boston ca. 1802-1820. Their
mark is listed in Brunk only on an 1801 cent also stamped with the
Bradbury mark and four eagle marks, identical to the piece seen
here. That Bradbury mark, Brunk B-1003, and the eagle "pseudohallmarks"
used to imitate more expensive English silver, were used by Theophilus
Bradbury, active as a silversmith in Newburyport, Massachusetts until
his death in 1803.

An oval mark incorporating an eagle and Bradbury's name is seen on
the reverse. His marks are known only on large cents dated 1802 and
earlier. The final mark is the most enigmatic, unlisted by Brunk,
but seemingly the mark of Boston silversmith John MacFarlane, active
ca. 1796. Perhaps these Boston silversmiths knew each other, or
perhaps their businesses and effects were purchased by one of the
three, but this coin draws them together in a most appealing way."
countermarked large cent image


[This is about as far away as you can get from a high-grade type
coin, but it sure has character.  -Editor]


MEMBERS OF THE CITIZENS COINAGE ADVISORY COMMITTEE

E-Sylum reader Kavan Ratnatunga in Sri Lanka was the first to
locate the web page for the U.S. Mint's Citizens Coinage Advisory
Committee.  The members are:

John K. Alexander
Leon G. Billings
Bill Fivaz
Dr. Rita Laws
Dr. Mitchell Sanders
Donald Scarinci
Kenneth Thomasma
Dr. Ute Wartenberg Kagan
Sherl Joseph Winter

U.S. Mint's Citizens Coinage Advisory

David Ganz adds: "It's not the Mint, but an independent entity."

[Dave's correct - the committee was set up by Congress as an
independent advisor to the Secretary of the Treasury on the themes
and designs of all U.S. coins and medals.  According to the web
site, "The CCAC serves as an informed, experienced and impartial
resource to the Secretary of the Treasury and represents the
interests of American citizens and collectors."

Dave ought to know - he was a member of the CCAC from 1993 to 1996.
There are short biographies of each of the current members on the
web site.  The committee's next scheduled meeting is June 21.
The web site is very sparse however, and does not (that I can find
anyway) state which committee member fills which role as defined
by the enacting legislation.

As I suspected, we do have some E-Sylum subscribers on the current
committee, including Dr. Ute Wartenberg Kagan of the American
Numismatic Society. -Editor]


WHO WANTS THE CENT ABOLISHED?

Dick Johnson writes: "The leading proponent of abolishing the
cent is Representative Jim Kolbe, R-Arizona. He has introduced
legislation in the House in past sessions and plans to do so again
in coming weeks.

Despite the rising costs of the cent’s metal components †zinc and
copper †no one gives much hope for the passage of Kolbe’s bill.
It will cost the U.S. Mint more to strike billions of the lowest
denomination coins each year than their face value.

Americans, according to numerous polls, do not want the cent
eliminated. This despite the fact they cart cents home in change
and pile them up on top of the dresser, or place them in jars,
mostly without returning them to circulation and agreeing this
is somewhat of a nuisance.

Also there is a strong lobby, backed by the zinc industry, Americans
for Common Cents, which supports continued striking of the cent.
Congress, apparently, is nonplused about the cent crisis. It does
not see the $13-14 million shortfall as serious, as long as the
total seigniorage of U.S. coins is on the positive side.

Congress cannot continue to stick its head in the sand for long,
however. It will have to face up to the problem in the future.
The answer, in this writer’s opinion, is to overhaul the entire
U.S. coin structure at one time (a la the European euro), plan
ahead, and incorporate some new coinmaking technology. Even the
successful New Zealand recoinage plan took over twenty years.
America is already behind in this planning.

CNNMoney.com, which is the internet home of Fortune, Money and
other business magazines, released an article June 2, 2006,
which covered this situation in depth. It includes comments by
Congressman Kolbe, Mark Weller, head of Americans for Common
Cents, and others. It's worth the visit:

CNNMoney.com


CIVIL WAR ID DISC INFORMATION SOUGHT

Larry B. Maier, Esq. writes: "I am doing research on Civil War
identification discs and in the process I am trying to identify
die-sinkers and manufacturers of same.  I have read a number of
your on-line articles dealing with the dispersal of Scovill dies
to 18 museums by Bruce Bazelon.  Several Civil War identification
discs bear a striking resemblance to Scovill products, especially
the eagle style on certain merchant's tokens.  I would greatly
appreciate any information you could provide on these subjects,
or any leads that might help my research such as how to contact
Mr. Bazelon or the names of any museums that might have received
id disc dies."


KERENS, TEXAS GOLD COIN HOARD UPDATE

Dave Ginsburg writes: "My thanks to those who have written about
the Kerens, TX hoard of gold coins that I asked about a few weeks
ago.  I've discussed the hoard with members of the Navarro County
(Texas) Historical Society and it is generally believed that the
hoard represents the accumulated savings of the owners of a large
cotton plantation - so it looks like I can forget any colorful
bank robbery stories!

However, the presence of so many San Francisco double eagles is
intriguing, especially in light of John Kleeberg's 1999 article
in American Journal of Numismatics #11 about the mint-marked coins
found in 1936 in the Hull, TX hoard.  I'm still in the midst of my
research, so I'd welcome any additional information."


WILL POLYMER NOTES MAKE "PAPER MONEY" TERM OBSOLETE?

Howard A. Daniel III writes: "I read Don Cleveland's item with
much interest because polymer is becoming VERY popular in
Southeast Asia.  Here is how I see it.

The Standard Catalog of World Paper Money (SCWPM) has mostly
"paper" pieces in it but there are also other products like
leather, cardboard, etc.  The idea to re-title it as the Standard
Catalog of World Printed Money (SCWPM) is not a bad idea and more
closely identifies ALL of the pieces in the three volumes produced
by Krause Publications.  And as new products are developed, will
they still be printed?


ZIMBABWE $100,000 NOTE BUYS LOAF OF BREAD

The Times of London published an article Wednesday about a
new high-denomination note needed as a result of high inflation:

"A New $100,000 banknote will be issued in Zimbabwe today. With
a value of about 67p, it is worth only the price of a loaf of
bread. Its introduction comes as the economy buckles under the
highest rate of inflation in the world, currently at 1,042 per
cent. The note makes its debut barely four months after the
Reserve Bank introduced the $50,000 note, the highest denomination
at the time. In only two weeks the Zimbabwe dollar has lost
half of its value."

“Last week I filled a single trolley with $30 million of
groceries, and I had to count out 600 notes of $20,000 at
the checkout counter,” John Robertson, an economist, said."

To read the complete story, see: Full Story


BUTTON-JAR FIND: 1912 NEW ZEALAND FOOTBALL GOLD MEDAL

According to a report published this week, "A British collector
has paid £3624 ($NZ10,800) for a rare medal a New Zealand woman
has been keeping in her button jar.

Daniel Parker, of Gawber, in Yorkshire, bought the Barnsley
Football Club FA Cup winners' medal on the Internet from an
elderly woman who inherited it when her brother died two
decades ago."

"Mr Parker said he had used savings he had earmarked for his
new home to pay for the medal, but had since been offered up
to £10,000 ($NZ29,800) by other collectors.

"I did some research and saw that other FA Cup winners medals
from the 1940s and 1950s had sold for £5000 and £6000 so I knew
it was worth it. I also thought it was important it came back
to Barnsley."

To read the complete story, see: Full Story


NEW YORK TIMES ARTICLE ON THE FUTURE OF BOOKS

E-Sylum subscribers Harry Waterson and Dick Johnson pointed
out a great article in the May 14, 2006 issue of the New York
Times Magazine titled "What Will Happen to Books?"  It's a long
and detailed article, a fascinating read.  As someone who's been
around the Internet since before it was even called that, the
possibilities of digital publishing are something I've been
aware of for years, but the implications aren't obvious.  This
article does a great job of painting a picture of the future
of books, and how the interconnection of online knowledge will
change our world.

The article mentions CMU Professor Raj Reddy and his "Million
Book" project, which we've discussed here before.  I used to
work for Raj and he's an amazing individual.

"In 2004, he borrowed 30,000 volumes from the storage rooms of
the Carnegie Mellon library and the Carnegie Library and packed
them off to China in a single shipping container to be scanned
by an assembly line of workers paid by the Chinese. His project,
which he calls the Million Book Project, is churning out 100,000
pages per day at 20 scanning stations in India and China. Reddy
hopes to reach a million digitized books in two years.

The idea is to seed the bookless developing world with easily
available texts."

"In several dozen nondescript office buildings around the world,
thousands of hourly workers bend over table-top scanners and haul
dusty books into high-tech scanning booths. They are assembling
the universal library page by page.

The dream is an old one: to have in one place all knowledge,
past and present. All books, all documents, all conceptual works,
in all languages. It is a familiar hope, in part because long ago
we briefly built such a library. The great library at Alexandria,
constructed around 300 B.C., was designed to hold all the scrolls
circulating in the known world...

Since then, the constant expansion of information has overwhelmed
our capacity to contain it. For 2,000 years, the universal library,
together with other perennial longings like invisibility cloaks,
antigravity shoes and paperless offices, has been a mythical dream
that kept receding further into the infinite future.

Until now."

"Corporations and libraries around the world are now scanning about
a million books per year. Amazon has digitized several hundred
thousand contemporary books. In the heart of Silicon Valley,
Stanford University (one of the five libraries collaborating with
Google) is scanning its eight-million-book collection using a
state-of-the art robot from the Swiss company 4DigitalBooks.

This machine, the size of a small S.U.V., automatically turns
the pages of each book as it scans it, at the rate of 1,000 pages
per hour. A human operator places a book in a flat carriage, and
then pneumatic robot fingers flip the pages †delicately enough
to handle rare volumes †under the scanning eyes of digital cameras."

"The least important, but most discussed, aspects of digital
reading have been these contentious questions: Will we give up
the highly evolved technology of ink on paper and instead read on
cumbersome machines? Or will we keep reading our paperbacks on
the beach? For now, the answer is yes to both."

"Once a book has been integrated into the new expanded library by
means of this linking, its text will no longer be separate from
the text in other books. For instance, today a serious nonfiction
book will usually have a bibliography and some kind of footnotes.
When books are deeply linked, you'll be able to click on the title
in any bibliography or any footnote and find the actual book
referred to in the footnote."

"The static world of book knowledge is about to be transformed
by the same elevation of relationships, as each page in a book
discovers other pages and other books. Once text is digital,
books seep out of their bindings and weave themselves together.
The collective intelligence of a library allows us to see things
we can't see in a single, isolated book."

To read the complete article, see: Full Story


INDEX OF E-SYLUM ITEMS ON THE 1913 LIBERTY NICKELS

The following is a list of twelve E-Sylum articles on the topic
of the 1913 Liberty Nickels compiled by hand from the new master
table of contents on the NBS web site: esylum_toc.html

NEW 1913 LIBERTY NICKEL PUBLICITY
esylum_v06n22a05.html

1913 NICKEL TALE DEBUNKED
esylum_v06n23a15.html

MISSING 1913 NICKEL APPEARS
esylum_v06n31a04.html

1913 LIBERTY NICKEL - ART KAGIN CONNECTION
esylum_v06n36a05.html

1913 LIBERTY NICKEL BOOK IN WORKS
esylum_v08n07a09.html

1913 LIBERTY NICKEL TRADES HANDS
esylum_v08n23a14.html

1913 LIBERTY NICKEL AT WHITMAN's ATLANTA SHOW
esylum_v08n42a26.html

1957 ANA CONVENTION 1913 LIBERTY NICKEL EXHIBITOR MYSTERY
esylum_v09n17a07.html

1957 EXHIBIT OF 1913 LIBERTY NICKEL
esylum_v09n18a04.html

ROCHESTER CLUB's 1913 NICKEL DISPLAY
esylum_v09n18a05.html

QUIZ ANSWER: THE OTHER NICKELS IN THE 1913 LIBERTY NICKEL CASE
esylum_v09n20a22.html

MORE ON THE ORIGINAL HOLDER FOR THE 1913 LIBERTY NICKELS
esylum_v09n21a18.html


INDEX OF E-SYLUM ITEMS ON BOLEN

The following is a list of three E-Sylum articles on the topic
of Bolen medals compiled by hand from the new master
table of contents on the NBS web site: esylum_toc.html

BOLEN COLLECTION SURFACES
esylum_v01n08a05.htm

MUSANTE's BOLEN BOOK NEARING COMPLETION
esylum_v05n10a03.html

BOLEN BOOK PUBLISHED
esylum_v05n21a02.html


BILL GROSS EXHIBITS STAMP COLLECTION

Arthur Shippee writes: "In the Sunday May 30 New York Times is
an article by Matthew Healey, "Stamp Exhibit shows complete 1800's
set" on the Washington 2006 World Philatelic Exhibition.  It
highlights the collection of William H. Gross."

Bill Gross is the famous bond investor mentioned in the November
6, 2005 E-Sylum when he completed his collection with a high-profile
trade with Donald Sundman, brother of NBS Secretary-Treasurer David
Sundman.

MOST EXPENSIVE STAMP TRADE
esylum_v08n47a04.html

"Some of the rarest and most valuable American and foreign
postage stamps are being displayed in a once-in-a-decade event,
the Washington 2006 World Philatelic Exhibition."

"Mr. Gross said in a telephone interview on Friday that he
collected stamps as a child and resumed the hobby in the early
1990's as a way to "reconnect with my childhood." He said he
was determined not to "get clipped"; his mother had once tried
to invest by buying sheets of new stamps from the post office,
only to find later that they were worth nothing more than
their face value.

Mr. Gross, 62, said he decided to bring his investment
experience to bear and researched the historical trends
in the auction prices of rare older stamps before immersing
himself in the hobby again. He found that over the long term,
scarce and high-quality specimens appreciated at least as
well as the economy in general and provided a sound way to
put serious money into collectibles.

At first, Mr. Gross pursued collecting out of the public eye,
exhibiting his stamps under the pseudonym Monte Carlo at
national philatelic gatherings. He later went public and
continued to develop his collection under his own name."

To read the complete article, see: Full Story


WORLD COINS WEB SITE

Regarding Dennis M. Gregg's search for a great world coins
web site, Larry Gaye writes: "Try zeno.ru, a
wonderful data base of incredible depth that keeps growing."

[This is the Oriental Coins Database, featuring photos of
over 31,000 coins.  -Editor]


PHOTOMICROGRAPHS VS MICROPHOTOGRAPHS

Dr K.A. Rodgers of Auckland, New Zealand writes: "The observation
in the last issue on 'microphotographs'  vs 'photomicrographs" in
the last issue brought back fond memories.  This was a matter that
had come up frequently in one of my former incarnations.  I published
a lot of such images and learned early on that usage all depended
on editor and publisher's style manual.  It had little to do with
the venerable Webster or any other dictionary, but everything to
do with who was paying for publication. Indeed it was from a US
publishing house that I learned the words of an American arguably
even more famous than Webster: "A foolish consistency is the
hobgoblin of little minds."


MARTIN PURDY ON TRANSACTION PRICE

Last week, responding to Martin Purdy in their discussion of
New Zealand coinage reform, Dick Johnson wrote: "He states
"Final bills will be made out to the last cent, as above[before],
but if you pay in cash, the final total will be rounded up or
down to the nearest ten cents, as appropriate, just as they
are to the nearest 5 cents at the moment." THAT is the
definition of "transaction price" - after rounding up or
down."

Martin Purdy writes: "I stand by what I said.  Here is Dick's
original paragraph for reference, with a further comment from
me to follow:

"The dime is now the lowest coin in circulation. All prices
are now quoted in multiples of 10 cents while the cent remains
a "money of account." Contracts and quantity sales and purchases
can be quoted in the old cents ­ or even fractions parts of a
cent! ­ but the "transaction price," when the final check is
written, it is in a multiple of a dime."

Once again, no.  The only time you will pay in multiples of
10c is if you pay in cash.  If you use a credit or debit card,
or write a cheque, you pay to the last cent, not the last ten
cents.  In exactly the same way as we have been paying down to
the last cent by all means other than cash since 1990, even
though there have been no circulating coins smaller than 5c
during this time.  And the reference to "fractions of a cent"
is about 35 years out of date, as I noted."


CORRECTION: CHINESE PENALTY FOR COIN DEFACEMENT

Regarding last week's item on the penalties for coin melting
in Taiwan, Ken Berger writes: "Doesn't "... not over one year
but less than seven years" just mean less than one year?"

Bob Lyall caught this as well.  He writes: "I somehow think
the penalty for defacing coin in China is not likely to be
"not over 1 year or less than 7"!!  A lot of negatives, but
I suspect a typo for between 1 and 7 years."

[Many thanks to our sharp-eyed readers for all of their
corrections.  -Editor]


THE MYSTERY OF THE STOLEN COINS

The Telegraph of India sponsored a writing contest, and one
of the submissions is The Mystery of the Stolen Coins.< /q>

The next day Raj Mukherjee could be seen driving his green
Ambassador down the posh Mandalay Road. He drove up to a mansion
of red bricks and ivy. On the left hand side of the gate there
was a faded plate that read “Richard Davidson: Numismatist' As
he walked into the grounds there was an old world charm to the
place — the house looked a century old. There was also a sad
neglect to the place.

I collect old coins as you may have figured out. There are in
my collection both valuable and invaluable coins...but they are
all my treasured pieces. Recently I made a bargain ..a fantastic
one if you ask me! You must have read of the Gangarampur unearthing...

To read the complete article, see: Full Story


BOOK: IN FLAGRANTE COLLECTO - CAUGHT IN THE ACT OF COLLECTING

So why do we collect?  Every one of us could articulate a different
set of reasons for why we've been attracted to our hobby.  A new
book by a New York University art professor explores the collecting
impulse.  Below are excerpts from the book's promotional web pages,
but my favorite description appeared in a review by W.O. Goggins
in the June 2006 issue of Wired magazine:  "In Flagrante Collecto
can help anyone survive, ahem, 'collectile dysfunction'  Part
cultural anthropology, part memoir, this encyclopedia of obsession
does for collecting what Darwin did for natural selection.
Visually, it's The Origin of the Species by way of Andy Warhol."

"In Flagrante Collecto explores and catalogues our impulse to
acquire the incidental miscellanea of the past. From author Marilynn
Gelfman Karp's perspective, collecting is a calling, not a choice,
and in this book she examines the impulse to acquire and its modus
operandi, describing the essential reasons why anyone collects
anything from gold coins to fingernail parings."
inflagrantecollecto.info

"According to author Marilynn Gelfman Karp, collecting is a calling;
and those who are driven to collect unloved objects are the purest
collectors of all. In this literary and sophisticated celebration
of humble objects, Karp shares her passionate insights on what she
calls the "rapture of the capture."

In Flagrante Collecto is a vividly illustrated book that is equal
parts cultural history, personal memoir, and coffee table objet
d'art. The 1000 color photographs that fill this book tell stories
of lost and found objects. Ignored by many, these figural matchbooks,
 buttons, erasers, cigar rings, pictorial seed packets, and other
items are hunted and gathered with Ahab-like tenacity at flea
markets, antique shops, and collectible shows worldwide."
hnabooks.com/index.php/d///0810955407/

Dick Johnson adds: "Novelist Anatole France once said: "It is good
to collect things, but it is better to go on walks."  So walk on
over to the coin shop and buy something!"


LEAST COMPETENT BANK ROBBER?

According to a Reuters report, "A would-be Japanese bank robber
asked staff how he should carry out the crime before meekly obeying
a request to leave and then accidentally stabbing himself in the
leg with a knife he was carrying."

To read the complete story, see: Full Story


FEATURED WEB SITE: COINS AND CONSCIENCE

This week's featured web site is suggested by Ron Benice.  He
writes: "I'd like to nominate an online exhibition at the Harvard
Business school entitled "Coin and Conscience: Popular Views of
Money, Credit and Speculation."  It contains seventy works of art
from the last five centuries depicting coins or paper money in
various guises ranging from wheels on a chariot pulling the world
to something being dispensed by the devil."

Coin and Conscience: Popular Views of Money, Credit and Speculation


  Wayne Homren
  Numismatic Bibliomania Society