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Welcome to The E-Sylum: Volume 9, Number 36, September 3, 2006: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2006, The Numismatic Bibliomania Society. WAYNE's WORDS Among our recent subscribers are Dan Freeland and Dave Hayes. Welcome aboard! We now have 959 subscribers. This week's issue has several reports from the recent American Numismatic Association (ANA) convention in Denver, including accounts from Howard Daniel, Nancy Green, Alison Frankel and Alan Weinberg. In news from the American Numismatic Society (ANS), librarian Frank Campbell has hired a new cataloguer to assist with the monumental task of keeping the library and its catalogue current. >From the paper money world we note an increase in sales of counterfeit detecting equipment in Vietnam, and report that India is adopting the standard "star" designation for replacement notes. And where in the world is the Halfpenny bridge? Read on to find out. Have a great week, everyone! Wayne Homren Numismatic Bibliomania Society KOBLE NUMISMATIC LITERATURE AUCTION 101 AND FIXED PRICE LIST George Kolbe writes: "On October 19, 2006, George Frederick Kolbe/Fine Numismatic Books will conduct their 101st sale of rare and out of print numismatic literature. Featured are 902 lots on a great variety of topics. The sale is particularly rich in “Numismatica Americana,” including important works, original manuscripts and correspondence on large cents from the Del Bland Library; classic auction sales from the Bob Vail Library; and Part Two of John W. Adams’ Collection of 19th century sale catalogues and works listed in Attinelli’s classic 1876 bibliography. 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). Some sale highlights include: The Numismatic Archives of Del Bland; Antiquarian Numismatic Books; B. Max Mehl’s Specially Bound 1922 James Ten Eyck Catalogue; Two Sets of Haxby’s Standard Catalog of Obsolete Bank Notes; An Exceptional Example of Crosby’s 1875 Early Coins of America; Several Classic Russian Numismatic works, Including Two Original Georgii Mikhailovich Volumes; Schroeder’s Indispensable 1905 Work on the Coins of Vietnam; Ted Craige’s 1907 Plated Stickney Sale; Standard Works on Ancient Coins; The Extremely Rare 1859 Second Edition of Bushnell’s New York Business Tokens; An Extensive Run of Early Stack’s Auction Sale Catalogues; The First Plated American Auction Catalogue; A Long Run of Ed. Frossard Catalogues; The 1873 Descriptive Seavey-Parmelee Catalogue; Original Auction Sale Write-Ups by Del Bland Featuring Large Cents; An Original Annotated Typescript of Part Two of Sheldon’s Penny Whimsy; The First Q. David Bowers Numismatic Publication; Heath Counterfeit Detectors; Key Works on Medieval and Modern Coins and Medals; Wyon’s 1887 Great Seals of England; A Near Mint Example of Eidlitz’s Medals and Medallions relating to Architects; Trifet’s 1867-1871 Complete American Stamp Mercury and Numismatist; A Reprint Set of Greek Coins in the British Museum; Two Sets of Burnett’s Roman Provincial Coinage; Two Hardbound Sets of John J. Pittman Sales; An Original Set of Papadopoli on the Coins of Venice; Huszár & Procopius’s 1932 Medaillen- und Plakettenkunst in Ungarn; Part II of John W. Adams’ Attinelliana; Original Photographs of the Large Cent Collection of Harold Bareford; and many other interesting and important works. In late October or early November 2006, George Frederick Kolbe/Fine Numismatic Books will issue an extensive fixed price list featuring numismatic books, auction catalogues and periodicals at bargain prices. Although the firm will only be moving one mile away, so much material has been accumulated at their present location since 1983 that it has been deemed necessary to “lighten the load.” Prices have been reduced, sometimes drastically, and only actual shipping costs will be charged. Most items offered are one-of-a-kind. Certain George Frederick Kolbe Publications will also be included in the sale. Catalogues may be ordered by sending $5.00 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). Prices are good only until December 31, 2006. Those ordering the October 19th auction sale catalogue will receive the fixed price catalogue free of charge. NBS SYMPOSIUM PHOTOS ONLINE Dan Gosling kindly provided us with some photos of the NBS Symposium at the recent ANA convention in Denver. NBS webmaster Bruce Perdue has placed them on our web site. Many thanks! Photo#1: Joel Orosz, David Sundman, George Kolbe Photo#2: Jerry Platt, Phil Carrigan, Jenny Moulton, Karl Moulton, Nancy Green To view the photos, see: ana2006_index.html HOAWRD DANIEL's DENVER ANA DIARY Howard A. Daniel III writes: "I drove from the DC Beltway on I-270 and I-70 to Terre Haute and Kansas City to visit two collectors, then to Colorado with a shortcut on CO-24 to Colorado Springs. After visiting some friends there for the weekend, I dropped off two boxes of catalogs and references for the Library and another box for the Museum on Monday. There is a HUGE stack of previous donations needing to be processed. They could use some volunteers to process them but they have to be knowledgeable, and be willing to do other work too. After driving up I-25, I checked into the Holiday Inn near the Colorado Convention Center. Almost immediately, I received a call from Joe Boling that he was not going to be there that day because he was driving on to Colorado Springs to make his own donation to the ANA Library. The next morning, I went to the convention center and assisted several people with setting up their booths before setting up my own for NBS, NI, IBNS and the Philippine Collectors Forum, which was located on the bourse and just inside the entrance! Most of the first two days were spent stuffing baggies with coins from NI members and a note from IBNS members along with a form I created to tell new and young collectors the source of the pieces. This form was also used in the references donated by NBS and others. Over 200 references were given to collectors in the name of the NBS! The form also included the information on how to join all four organizations in hopes some people will be signing up. I brought some of the better donated references to the NBS Meeting and some ANA Convention memorabilia from Wayne Homren for the auction. There was also an interesting talk by David Sklow about his new job (Director, Library and Research) at the ANA and some future actions that will be taken there. David can be reached at Sklow@Money.org. I showed up at the ANA Club Representative breakfast to pick up a club award for The E-Sylum but another NBS member was there to get it. That person later turned it over to me and I will give it to Wayne Homren, the editor of The E-Sylum, at a future date. There were no NBS volunteers to assist me but two NI members and one IBNS member showed up! This is a new record of volunteers and they were greatly appreciated. I drove back on I-70 to I-35 and I-20 to NE Texas where I visited a collector, then on to Atlanta to visit another collector and a sister before driving back home to Virginia on I-95 and arriving twelve days after leaving. I thoroughly enjoyed the convention and am looking forward to Charlotte in the spring and Milwaukee in the summer." FORMER ANA LIBRARIAN WINS EXHBIT AWARD FOR "LIBRARIES AND NUMISMATICS" Pete Smith writes: "The last issue of The E-Sylum mentioned exhibits in the literature class. I would also like to mention another exhibit in the “General or Specialized” class. Former ANA librarian Nancy Green exhibited “Libraries and Numismatics.” For this she won the award as “Best First Time Exhibitor.” Nancy writes: "I was thrilled to be named "Best New Exhibitor" in Denver. I figured if I got any ribbon that would be great (I got a second in the class) but this was very exciting. I have never collected numismatic literature since it was a conflict of interest while I was Librarian; but Glenn Smedley gave me the idea of collecting library items when he showed me a medal honoring Carl Sandburg and the Chicago Public Library. I have had a great time with the collection. The full title of the exhibit was, "Libraries and Numismatics, Or How One Collector Found a Niche." ALISON FRANKEL's DENVER ANA EXHIBIT REVIEW Alison Frankel writes: "Here's a short take on the ANA convention in Denver, where I gave a lecture on the evidence that the Fenton 1933 Double Eagle is the Farouk coin: I had the pleasure of meeting a few of the devoted members of the NBS at the ANA convention in Denver, which reminded me once again what a boon you all are to American numismatics. Your scholarship -- and delight in the scholarship of other coin researchers--is one of the forces that keeps coin collecting from becoming mere commerce. I brought my family (husband, two daughters, brother- and sister-in-law, niece, and nephew) to the convention to introduce them to the alternative universe of numismatics. The adults were duly respectful. My brother-in-law said that if he weren't about to send two kids to college he could see himself beginning a collection of Roman coins. My husband, who purchased our family's one and only rare coin, a 1908 no-motto Saint that he gave me to celebrate the publication of Double Eagle, was gratified to see the interest in double eagles. But for me, the big shock was the kids' enthusiasm. All four of them were smitten, particularly with the bourse floor displays of ancient Greek, Roman, and Hebrew coins; with the Goldbergs' exhibit of 100 Coins that Changed the World; and with the Brasher Doubloon and the first-strike silver dollar. I could see on their faces the sense of wonder at holding (or at least seeing) objects that connected them to history they'd studied in school. That's the power of coinsstrong enough to crack even a quartet of teenagers." ALAN WEINBERG's DENVER ANA EXHIBIT REVIEW Alan V. Weinberg writes: "The exhibit viewing area was at the entrance to the bourse room and was both heavily guarded with uniformed US Mint security and blue-jacketed private security and heavily traveled by viewers. It was well-lighted, not requiring separate lamps and covered a large amount of floor space. There were literally dozens of exhibits, many quite impressive & informative, even to this 50 year hobby veteran. In short, I was impressed. Mark Lighterman along with two assistants ably and proficiently handled the many exhibit demands and logistics. Gene Hynds who assisted Mark in previous ANA & FUN exhibits was ill and could not attend the show. There were some unprecedented exhibits such as the confiscated Israel Switt family's ten 1933 double eagles, all mounted in a single plexiglass sheet so both sides could be examined. Personally, I was a bit offended by the exhibit notations identifying the ownership as the U.S. government since I neither agree with the seizure nor consider the matter legally resolved. The Smithsonian Institution exhibits were impressive if a bit more difficult to view due to lighting and the low viewer eye level. The BEP $5000 and $10,000 currency printer's plates were impressive and were exhibited "just right" - good lighting and good viewing level. It was interesting to see that standing at the side of the glass case and angling your head just right in the light, you could see how the paper currency notes would appear. There were two 1913 Liberty Head nickels on exhibit by the ANA. The Bebee specimen was raw and flat and easily seen. Whomever was responsible for placing the other 1913 nickel (Norweb?) upright in the case shadow in a plastic holder was a boob - you simply could not see the coin! Monaco of Irvine had a great exhibit of Pioneer gold and Steve Contursi's Dana Point CA firm exhibited the Uncirculated prooflike Carter 1794 dollar as they have all over the country. I recall being offered this dollar at ANA by coin partners Ed Milas and Marvin Browder for $375,000 a couple of decades ago. And, later, former owner Andy Lustig turning down approx $1.2 million. Now, it is touted as worth $10 million. There was a fascinating exhibit of a believed-unique Nelson Omaha Nebraska Lesher dollar with an interesting story about it's being found, stolen, located again and the parties involved. A nice exhibit of one of the finest known beaver gold Oregon Territory $5's which one sharp observer noted was about to slip off its glass support and be perhaps scratched. Bob Rhue non-competitively exhibited a marvelous group of Hawaiian plantation and railroad tokens including some finest knowns and, also - I believe these were his - a multiple case exhibit of superb Georgia colonial type notes, most all crisp mint. Finally, Bob exhibited his complete and finest known set of American horsecar transportation tokens. Your author had a three-case non-competitive exhibit of Coloradoiana including the largest and finest collection of Colorado Good-For Trade mirrors. Interestingly, many of these mirrors had advertising graphics which today would be outrageous and verboten today, but circa 1900 were regarded as cute - the result of changing times and news crime headlines, no doubt. The [unclothed figures] and reclining and posing [ladies of ill repute] are pictured in color on the center pages of Hal Dunn's Western Good for Mirror book on the mirror type pages. [I edited some words here to prevent possible spam filter problems. -Editor] I can say I was impressed by the exhibits' overall quality, the lack of monotony in seeing the same stuff in each case (as opposed to the plethora of slabbed silver dollars & gold coins on the bourse floor), the apparent dedication of Mark Lighterman & his crew in tending to demands from inception to finish, the readily apparent interest & attention given to the exhibits by so many people spending time to actually read & view the exhibits and the laudatory comments made by collectors and dealers approaching exhibitors on the bourse floor and thanking them for exhibiting. That, in itself, is enough to cause exhibitors to repeat and expand their efforts. I have always said the most valuable thing a collector can walk away with in attending a major regional or national show like the ANA or FUN or Central States is the increased knowledge one gains and the renewed friendships. In no small part, both viewing & exhibiting at these shows is part of that increased knowledge. And, frankly, the only enjoyable aspect of collecting, after you acquire something notable, is to exhibit it...a manner of boasting "Look what I did! [..or got]". Not to speak of the interest in the subject you might engender among viewers so when it comes time to sell, there are others waiting in the wings to buy your collection." THE JAMES V. DEXTER COTTAGE W. David Perkins of Centennial, Colorado writes: "At the 2006 ANA Convention I attended the Sundman lecture series session on James V. Dexter (of 1804 Dollar fame), presented by Mark Ferguson (of Coin World fame). In today's Denver Post there is an article titled "A last resort / Abandoned decades ago, the historic Dexter cottage in Lake County is finding a second life." The article is about the restoration of the Dexter cottage, built by one of Colorado's early mining investors, James V. Dexter. There is a photo of Dexter and his family along with other photos of the cottage and lake property. It goes on to say "Dexter, who died in 1899, owned banks, shares in nearly 30 mining companies, ranchland in Castle Rock [just south of Denver] and Conejos County, a home at 1306 Champa St. in Denver [If I recall correctly from Mark's talk, this is located today under the Convention Center where the 2006 ANA Convention was held. Mark, you can correct this next week if I recalled incorrectly.], and was an avid art, gem and coin collector. Some say he was Colorado's first millionaire." The restoration work appears to be going well, and the resort will be available for special events when reopened. This link will take you to the story and photos: Full Story [Great photos of a neat and unusual old building in a grand natural setting! -Editor] MILLION BOOK PROJECT ARCHIVE: NUMISMATIC CHRONICLE 1902 Don Cleveland writes: "Here is a page I ran across while surfing in the "Million Book Project" under "Art". It appears to reproduce every page (nearly 400) of the 1902 edition of "The Numismatic Chronicle." It's pretty interesting, especially the articles on Celtic Coins. To read it, over on the left side of the page is a box titled "Read Text." It then gives you a choice of "Download" or "Applet". Either of those will download the entire text." 1902 edition of "The Numismatic Chronicle." [It's a whopper of a download, over 16meg. -Editor] Don adds: "I found two more of the Journals under "Art" on the MBP site and two others under "Numismatics." Personally, I believe we should encourage such sources. Journals of the ANA, IBNS, SPMC, and others from around the world, such as the Australian Numismatic Society, should, in my opinion, all be available somewhere. It would revolutionize the hobby." NEW ANS LIBRARY CATALOGUER: OLEG MEDVEDEV American Numismatic Society librarian Frank Campbell has some new help. An abbreviated version of the following announcement appeared in the August 2006 ANS E-News; here it is in its entirety: "The Librarian is pleased to announce that the position of Cataloger has been filled with the hiring of Oleg Medvedev. Oleg, who received a Master's degree from the State University for History and Archives (Moscow), also received an advanced degree in Anthropology from the Professional School of Advanced Studies (Paris). While living in France, he also attended the University of Nanterre, where he began his professional training as a Librarian and has most recently obtained a Master's degree in Library Science from the Graduate School of Library and Information Science, University of Illinois (Urbana). Oleg has worked previously as a cataloger in the Library of Musee Guimet (Paris) and the Interuniversity Library of Oriental Languages (Paris), specializing in the cataloging of Tibetan materials. He has also performed cataloging and indexing at the Center for Research Libraries (Chicago), and the American Theological Library Association (Chicago). His languages included native Russian and French, as well as Spanish and Italian." NLG HONORS ANS PUBLICATION Also from the August 2006 American Numismatic Society E-News: "The Numismatic Literary Guild presented its 2006 awards on August 17th in Denver. In the category for small organization publications, the Winter 2005 ANS Magazine, Winter 2005, edited by Director Ute Wartenberg Kagan, was recognized as best single issue, and Curator of North American Coins and Currency Robert Hoge received awards for best article ("A New Birth of Freedom: The American Civil War Collection at the ANS") and best column ("Current Cabinet Activities"). "The Medals Concerning John Law and the Mississippi System" written by ANS trustee John W. Adams and published by the Society, received the award for the year's best book on medals and tokens. In addition, the catalog for the ANS foreign orders and decorations sale--produced by Morton and Eden with introduction by Development Director Geoff Giglierano--was given an "extraordinary merit" award. More information about the 2006 NLG awards may be found at: Full Story HERITAGE AUCTION GALLERIES VENTURES INTO TOKENS AND MEDALS Dick Johnson writes: "A very attractive color catalog arrived from Heritage Auction Galleries this week. Their core business is, of course, coin and currency auctions. From that Heritage has branched out into a widening circle of collectibles: comics, sports collectibles, jewelry, timepieces, other fields. This auction sale is Heritage’s first foray into tokens and medals exclusively. It features the Troy Wiseman collection of Hard Times tokens. The color photographs of the items, mostly in top condition, are superb. But the descriptions leave something to be desired. Auction house executives who believe their catalogers are omnipotent and can catalog anything numismatic may be doing their consigner and potential buyers a disservice. Cataloging in this field requires specialized knowledge. It is obvious this cataloging was done by coin experts. Collectors of tokens and medals are topical collectors and this information is more important than, say, one of perhaps three hundred colors of toning, typical of uncirculated coins. The Wiseman collection, it appears, was third party graded. While it does not state this, any token and medal that could fit a 2x2 envelope was slabbed and certified. The catalogers accepted this grading without question. Example: A well worn token, Low 1 early in the sale (lot 5750) was stated as "AU50" by NGC. Perhaps VF grade at best (from the photograph). In contrast, when the catalogers had to grade oversize medals themselves, a mint state Woodrow Wilson Medal from the Paris Mint was graded XF (lot 6787). A real test of medal expertise is if catalogers can keep the three American Ellis engravers straight. Sure enough, lot 6110, the Lincoln Rail Splitter Campaign Medal, does not even mention this was engraved by Darwin Ellis (father of Jarvis Ellis, no relation to Salathiel Ellis, all three engraved 19th century tokens and medals). The catalogers didn’t mention the Ellis name on truncation of Lincoln’s bust. Weren’t they curious? A word to both grading services and auction houses: if you are going to work with tokens and medals you need some knowledgeable people. A word to collectors: ease up on slabbing tokens and medals, it is the uninformed collector who needs the assurance of slabbed items. You’ll find the buyers of tokens and medals are highly specialized, knowledgeable, and very well informed. They know what they want and like their specimens raw." NUMISMATIC MUSEUM OPENING IN SOUTHERN INDIA The Sreepadam Palace in southern India is set to host a new numismatic museum: "It’s a much-awaited rebirth for Sreepadam Palace in the city. After three years of uncertainty, the takeover of the palace is now in the final lap. The palace is all set for a makeover as the city’s first exclusive museum for coins." “The idea was born three years ago and ever since, the takeover proceedings have been underway. For many reasons it didn’t take off as expected but now it is in the final stages,” Archaeology Director V Manmadhan Nair said. Built in the 19th century, the Victorian structure at East Fort was meant to be the royal residence of the sister of the Travancore king or the senior princess. It was declared a protected monument as part of a project of the city administration to preserve monuments in the Fort area." "Though the Folklore Museum at Nedumangad has a gallery devoted to coins, the city still lacks an exclusive museum for coins. The Department of Archaeology, however, does not want it to end there. “The museum we plan to have will exhibit gold coins, which by itself will prove to be one of its kind in south India. The gold coins in possession of the Department are now being kept in various treasuries. This will be brought under the same roof to enable public viewing,” Manmadhan Nair said. "A museum of this kind requires the most stringent of security measures possible security alarms, bulletproof shelves and the ultra-modern scanning facilities." To read the complete article (registration required) see: Full Story FORMER MINT DIRECTOR PHILLIP DEIHL TURNS UP IN EGYPT Former U.S. Mint Director Phillip Diehl is now with the public relations firm Fleishman-Hillard, working in Cairo. He was interviewed last year for an article which appeared online just recently. Here are a few excerpts: "As anyone who has failed to empty his or her pockets at the end of the day knows, Egyptian banknotes will not survive a trip through the wash. In an effort to increase the availability of small change, the government is promising to make us all hear our pocket change jingling, instead of tearing, by next summer. Many problems plague Egyptian currency in circulation, including the quality and abuse of banknotes. In keeping with the trend in many Western countries to turn smaller denomination bills into coins, the Ministry of Finance and the Central Bank of Egypt (CBE) have held lengthy talks over the last year to hammer out an agreement on issuing brand new LE 1 and 50 piastre coins, scheduled to be released into circulation sometime in the middle of next year." "After the introduction of the new coins, the Ministry of Finance and the CBE will take old, unfit banknotes out of circulation to be shredded or burned. “We are continuing, however, with the production of banknotes [including those in small denominations] for a while to come until the market accepts the idea of coins at which point we will switch to coins,” explains Afifi. “This will happen gradually by taking the old notes out and putting the new coins in, and so on.” Philip Diehl, senior vice-president and partner at Fleishman-Hillard Cairo, the firm responsible for aiding the General Authority for Free Zones and Investment in promoting Egypt as an investment destination, is also a former director of the US mint under President Clinton. “One crucial way to break people from using bills is to remove bills from the market and, in a sense, they will have to be forced into it,” Diehl says. “Also it’s very important to educate the public about the new coins.” It will probably not be an easy task to persuade paper-oriented Egyptians to let go of their familiar currency for the more burdensome, heavy coins. Diehl says it’s a necessary step as coins have a circulation life of 20 to 25 years, as opposed to the short-lived six-to-12-month life of a banknote." "In light of these changes, the Ministry of Finance is also rethinking the circulation of five and 10 piastre banknotes. Inflation has made them of relatively little use, but they remain expensive to make. While those still in circulation will remain valid, five and 10 piastre notes are no longer being printed. The 25-piastre bill will still be in circulation alongside the 25-piastre coins and follow a similar process of coin integration and gradual banknote retrieval." To read the complete article, see: Full Story EARLY GOLD COIN DISCOVERED IN KYRGYZSTAN Arthur Shippee forwarded the following item from The Exploraror newsletter about "Ancient" gold coins found in a Kyrgyz mountain lake: "Possibly the world's most ancient gold coin has been discovered in a high mountain lake in Kyrgyzstan, the chief of an archeological expedition said Wednesday. Academic Vladimir Ploskikh said an expedition from the Kyrgyz-Russian Slavic University found a 70-gram octagonal gold artifact on the northern side of Lake Issuk-Kul. "This is probably the earliest form of metal money found in Central Asia, and may have served as an archetype for later gold coins," he said. "If this [hypothesis] is confirmed, the find will have a unique worldwide historical and cultural significance as a prototype for gold money." To read the complete article, see: Full Story CROWD FLIPS OVER NORTH DAKOTA QUARTER The above headline is from the Bismarck Tribune, which covered the introduction ceremonies for the new North Dakota state quarter: "The Bismarck Civic Center might have been the hardest place to ask a bystander for change for a dollar on Wednesday, even though there were enough quarters there to overflow several vending machines. Some of the only people swapping quarters for cash were workers helping the U.S. Mint sell thousands of shiny new North Dakota quarters adorned with two grazing bison, the Badlands and a sunset. Officials estimated that 3,400 people came to the event, which included music, appearances by dignitaries and a history lesson." “What an energetic crowd,” Medora Musical singer Levi Andrist said. “Those kids screaming was just like at a Class B basketball tournament.” Many schoolchildren took field trips to the event, including Erik Hruby, an eighth-grader at St. Mary’s Elementary School in Bismarck." "There also was an appearance by the 26th president, Teddy Roosevelt, who was played by interpreter Clay Jenkinson. Speaking as Roosevelt, Jenkinson said he spent a lot of time in the Badlands between 1883 and 1887 and even shot a buffalo in the Badlands. “It was here that the romance of my life began,” Jenkinson said. Gov. John Hoeven told the audience that Wednesday would be a day they will always remember and will tell their kids about." To read the complete article, see: Full Story To view photos and a video of the event, see: Full Story [Don't miss the picture of the person in a Buffalo suit! -Editor] ROOSEVELT AND THE "IN GOD WE TRUST" MOTTO Another article about the new quarter notes "Theodore Roosevelt would have endorsed the design of North Dakota's new quarter, although he wouldn't have included the motto "In God We Trust," says a historian who will play Roosevelt at the coin's unveiling ceremony." "During his presidency, Roosevelt hired a renowned sculptor, Augustus Saint-Gaudens, to fashion new coins. Roosevelt believed the nation's coin designs at the time "lacked sufficient imagination," said David Lebryk, the U.S. Mint's acting director. Saint-Gaudens designed new $10 "eagle" and $20 "double eagle" gold coins with raised images of an eagle and Lady Liberty. The words "In God We Trust," which had been put on coins since the Civil War, were deliberately omitted. In one letter to a New York minister, Roosevelt said he believed to put those words on coins amounted to "irreverence, which comes dangerously close to sacrilege." "It seems to me eminently unwise to cheapen such a motto by use on coins, just as it would cheapen it by use on postage stamps, or in advertisements," Roosevelt said in the letter, which he wrote in November 1907. Saint-Gaudens thought the motto was ridiculous, said Clay Jenkinson, a visiting Roosevelt scholar at Dickinson State University scheduled to speak at Wednesday's ceremony in the character of Roosevelt. "Roosevelt felt that money is money, and God is God, and that they don't belong on the same thing," Jenkinson said. "Saint-Gaudens objected because he thought it was just kind of a knuckleheaded motto. He wanted a more dignified coinage." "Eric Hardmeyer, president of the Bank of North Dakota, said the bank has an initial supply of 200,000 quarters for the ceremony. He said he would like to have at least 1.2 million of the coins, and he is expecting another shipment after Labor Day. "There's tremendous interest in all of the state quarters that have been rolled out. We've never had enough to go around," Hardmeyer said. "Of course, we expect ... the demand for the North Dakota quarter to be great. We're trying to get as much of the supply as we can." To read the complete article, see: Full Story SEATTLE BIDS JOE BOLING FAREWELL American Numismatic Association Chief Judge Joe Boling is moving from his longtime Seattle home, and a local newspaper bid him farewell with a nice article: "Joseph E. Boling keeps a large, white safe large enough to double as a sarcophagus in his basement, a 40-minute drive south of Seattle if the traffic is light. He tells the movers, who are packing his things to move to Indianapolis, that it weighs 4,000 pounds when empty. Currently, the safe is full of rare coins, medals, bills, and bonds. Boling is a numismatist, a student of money, author of two books on the subject and editor of four. He began his avocation in numismatics during his army career..." "Boling became interested in theater during his last army tour, in Heidelberg, Germany, where he worked with an amateur American theater company and "got the monkey on my back." He moved to Seattle in 1993, after his army discharge. In 1994, Boling saw 22 plays. In 1996, he saw 29. Then, in 1998, the number grew to 135. "I discovered Capitol Hill," he said. "I had been going to the opera, ACT. I went to the TPS [Theatre Puget Sound] conference in the fall of 1998 and found all these little companies. I realized I could go to theater seven days a week." But why? Why would he why would anyone want to sit in a theater seven nights a week? "I have the collector's personality, obsessive- compulsive," he said. "I've never been diagnosed. But I'm a pack rat." He gestured around his basement, neat but cramped: his library of books on Japan, theater, and numismatics; shelves of DVDs and laserdiscs; filing cabinets, one of them devoted to theater programs and clippings of reviews of productions he's seen; and the enormous white safe. "I don't just collect coins and bills; I collect theatrical experiences." "After a farewell party on September 3, Boling will head east. His wife to whom he was married for 20 years, then divorced for 20 years, and has recently remarried lives in Ohio and bought a house for them in Indianapolis, close to their children. He is already feeling theater withdrawal. "My wife has season tickets to the Toledo Rep," he said, smiling. "But she doesn't have the obsession that I do." To read the complete article, see: Full Story CURRENCY EXCHANGE RATES SOUGHT FOR 17TH-CENTURY HOLLAND Granvyl Hulse writes: "I realize that this might not be the best place to put my question, but the nine hundred plus subscribers of The E-Sylum represent about the finest collection of numismatic knowledge there is that I know of. My immigrant ancestor came to America from Sluys, Holland in 1684. He borrowed "300 Carolus guilden at 20 stuivers per guilden" to get here. (I have the agreement and also copies of where it was paid back at 5 percent.) I realize that the reference to Carolus guilden at 20 stuivers per guilden in 1684 was only an agreed bench mark. What I would like to know is what would have been the equivalent sum either in modern money or in English currency at the time." [I thought last week's Featured Web Site may come in handy here: "The Medieval and Early Modern Data Bank provides straightforward database access to five sets of data on European currency exchange and commodities prices from the 13th through the 18th centuries." Full Story But Granvyl visited the site and writes: "I tried about every combination I could with no luck." So - any other suggestions, good readers? -Editor] COUNTERFEIT BANKNOTE DETECTORS SELLING FAST IN VIETNAM According to a report published August 28, "Electronic and household electric goods kiosks in Hanoi’s Dong Xuan market are selling money checkers quickly as some cases of false polymer banknotes have been reported recently in the media." “Those machines can quickly detect counterfeit money, both polymer and cotton-paper types of Vietnamese, Chinese and even US and euro banknotes,” she said. Walking around Dong Xuan market, reporters were invited to buy many kinds of money checkers everywhere, ranging from money-checking torches to pens, all of which were made in China. The money-checking pen is no longer favoured by customers although its price is only VND7,000-10,000 ($0.4 - $0.6) per unit because of its poor quality, especially its incapacity to detect fake polymer banknotes." To read the complete story, see: Full Story INDIA TO ISSUE STAR BANKNOTES According to an article published this week, "The Reserve Bank of India will soon issue Star series banknotes... The star series banknotes will look exactly like the existing bank notes of Rs .10, Rs 20 and Rs 50 but will have an additional character, viz., *(star) in the number panel between the prefix and the serial number." "The star series banknotes will be legal tender and members of public may freely accept and use these banknotes. The fresh banknote packets issued by the RBI at present are serially numbered from 1 to 100. Each banknote bears a distinctive serial number along with a prefix. Currently defectively printed banknotes in any packet are replaced at the note printing presses with a good note bearing the same number as the one with defect in order to maintain the sequential numbering of banknotes in the packet. This procedure involves additional time/cost and manual intervention. As part of the ongoing efforts to benchmark its procedures to global best practices, as also, for cost effectiveness and operational efficient at note printing presses, the RBI has adopted the Star series numbering system for replacement of defectively printed banknotes." To read the complete article, see: Full Story ON THE NUMISMATIST PUBLISHER TITLE Regarding last week's question, Barbara Gregory, Editor-in-Chief of the American Numismatic Association's NUMISMATIST Magazine writes: "The position of publisher of NUMISMATIST, did not exist until 1991, when Executive Director Robert J. Leuver created the title of Editor/Publisher. I served in that dual capacity until 2003, when the ANA Board of Governors determined that the Executive Director should represent the magazine as Publisher." ON USING COPYRIGHTED IMAGES Kerry Rodgers writes: "Bob Knepper asks about using other people's images. No doubt others will write in on this topic. Images, be they photos or drawings and like the words of others are covered by international copyright. They are the intellectual property of the person who brought them into being. Copyright laws vary from country to country but essentially they all boil down to the use of the creative effort of others without their permission is theft. This includes those appearing on the World Wide Web. If Bob has a look at 99% of web pages he will find the copyright holder's name appears on at least the home page along with the international copyright symbol. It also occurs in auction catalogs and in the front of books and magazines. It is there for a damn good reason: to protect the copyright holder. I regularly use images of others in my writing but I always ask first. Not only does that clear me legally but often the image owner sends me a much better image than that in the auction catalog or on the web. In all cases I must acknowledge the person who holds the copyright. Editors and publishers, such as those at f+w, refuse to use any image unless the person supplying them can assure the editor that it is unencumbered by copyright. They do not want any legal grief. Any author who puts a publishing house in court can expect to be blacklisted for ever and a day. Of course, an image of a new coin is a bit of a hassle. Not only is the image covered by copyright, but the design of the coin itself is copyrighted. So two releases could be required: that of the photographer and that of the artist. Of course, the Mint involved may have paid for both to be done and hence be the sole copyright holder. Eventually the copyright on items will lapse. In most, but not all countries, the period involved is defined as two generations from the death of the creator of the property. A legal generation used to be 25 years so two generations was 50 years. In the EU a generation was redefined a few years back. I think it is now 30 years. Some items that had emerged from copyright were popped back in for another ten years. And even when an item has come out of copyright, like a medieval taler with a cute wildman, if an auction catalog photographs it, then the new image is subject to copyright. Good luck Bob - just avoid earning the reputation enjoyed by one author who produced a self-published history of money a few years back stealing images hither and yon. Curiously, the book bears the author's copyright in its front. PS: I heard recently of one gentleman who goes through numismatic magazines looking for what he considers to be copyright breaches. He then writes to the editor complaining. His copyright is never involved - it is just that he has too much time on his hands and his life is not as short as mine." [Bob has a specific project in mind, a book he's compiling on Wildman Talers. One reader offered to provide Bob with images of high-grade specimens for the project. Obtaining permissions to use images is always a chore, but this offer may help Bob eliminate some of the work that would otherwise be required to ensure clear use of others' images. -Editor] WILDMAN IMAGE QUERY FOLLOWUP Regarding his query about publishing copyrighted photos of coins for his planned book on Wildman coins, Bob Knepper writes: "Thank you for giving Steve Huber my email address. That is why I included it in my message asking about getting permission, etc. to use printed pictures in a book. Steve sent me three pictures and I have thanked him. Because I have purchased many of my coins from Künker in Germany, I intend to ask if I can use pictures from their auction catalogs. I have almost a complete set (about six feet of shelf space). Also have a partial computer index of Wildman coins versus auction lot numbers. It will be a long time (a year or more) 'til I'm ready to actually use the pictures in a publication. Many Wildman collectibles will be described in addition to coins." U.S. COIN MUTILATION LAWS Regarding the question on U.S. coin mutilation laws, Katie Jaeger writes: "I researched the topic recently - and came up with the following quotation from Title 18 at the website straightdope.com: Title 18, Section 331 states, “Whoever fraudulently alters, defaces, mutilates, impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the mints of the United States, or any foreign coins which are by law made current or are in actual use or circulation as money within the United States, shall be fined under this title or imprisoned not more than five years, or both.” This law enacted in 1909 was strictly enforced at first, bringing an abrupt end to countermarking, elongating, carving, cutting away blank fields, and pushing out reliefs on coins. The Treasury Department, however, has come to view the decree as hinging on its second word: fraudulently. Examples of fraudulent tampering are the ancient practice of shaving metal off the edges of solid gold coins, or the 1883 practice of making “racketeer nickels.” (When the Mint issued a nickel design which did not bear the words FIVE CENTS on the reverse, but instead employed a Roman numeral V just like the one on the $5 gold piece, some miscreants plated gold on their nickels and passed them as $5 pieces.) Section 331 takes aim at these types of deceptions, but not at the creation of coin novelties. The law was probably responsible for the practice of stickering and capping coins, which enabled advertising on coins without altering them. Elongated roller machines did disappear for a while, but the law never stopped kids from putting pennies on the railroad tracks!" John and Nancy Wilson write: "Here is information from the Wikipedia on the legality of making elongated coins in the U.S. and Great Britain: "The process of creating elongated coins is legal in the United States, Japan, South Africa and parts of Europe. In the United States, U.S. Code Title 18, Chapter 17, Section 331 prohibits "the mutilation, diminution and falsification of United States coinage." The foregoing statute, however, does not prohibit the mutilation of coins if the mutilated coins are not used fraudulently, i.e., with the intention of creating counterfeit coinage. Because elongated coins are made mainly as souvenirs, mutilation for this purpose is legal. It is no longer illegal in Great Britain to mutilate the image of the Queen, It is still illegal in Canada and blank planchets, slugs or U.S. pennies are occasionally used, though this law is often ignored both by the users of the machine and law enforcement. Full Story Kerry Rodgers writes: "I have an article on elongated coins in the September issue of Coin News. (That's the UK fella). I have specific quotes from the Royal Mint and UK Treasury folk as to its legality. These quotes came from bureaucrats and lawyers - need I say more? They neatly avoid saying making stretchies is illegal - in so many words - but make it clear they don't approve. They have never prosecuted for it and thereby tested the law as they understand it. In the EU it is a whole different ball game and even though stretched EU cents are offered on eBay and elsewhere, it is a no-no. As the UK is part of the EU it could be illegal to squish EU cents in the UK, where they have no currency, whereas doing it to UK money itself may not be illegal if you have a smart lawyer. What was that about the law being an ass? The elongation issue in the US has been discussed at length in several places and I defer to my North American colleagues. It is not illegal from what I can gather. Nor is it in New Zealand since a change in the law sometime back overlooked deforming coins although it has some harsh things to say about melting them. A similar situation exists in Australia." STACK's WOLFSON SALE PART II QUERY Dave Lange writes: "I have a quick question for the readers. In acquiring a Meghrig Brand (Raymond clone) album for half cents, it came with the lot tag for Lot 719 in Stack's sale of the Samuel Wolfson Collection, Part II, May 3-4, 1963. I used to have this catalog as part of a complete run of Stack's catalogs back to the late 1940s, but I sold them before moving to Florida. I imagine that several of the readers have this catalog, and I'm hoping that someone will reveal what this lot was." BARRY JABLON AND RUSS SEARS Barry Jablon writes: "I haven't written in a while because my tales of managing coin departments in Baltimore and Philadelphia were limited in terms of their appeal to the average collector and numismatic researcher. However, they certainly paid dividends when I received several E-mails from Russ Sears who saw my name on this site. Way back in 1961, when I opened the coin department in Hutzler's for the Friedbergs in Baltimore, I had occasion to hire two assistants from within the store, one being Russ Sears. He was eighteen at the time and was nice enough to talk about the impact I had on him insofar as numismatics was concerned. The fact that he is still active in the hobby means that his experience working with me and the Hutzler coin department was a very positive one. In the end, having such a positive influence on someone like Russ kind of ranks up there with my 1913 liberty nickel story and my 1793 Liberty Cap cent story. Maybe, in thinking about it, it really ranks above those other stories." [Russ Sears' name is familiar to me - he has been active in the Civil War Token Society, served as Vice President and President of the Maryland Token and Maryland Society, and Editor of the Maryland TAMS Journal. -Editor] MORSE CODE A LANGUAGE? Doug Andrews writes: "I must respectfully disagree with my good friend Serge Pelletier regarding the "Victory" Canadian five cent piece, who counted four languages on the coin, including "the Morse one," referring to the Morse code words appearing just inside the rim. The Morse code legend, intended to motivate the country at the height of World War II, says, "We win when we work willingly." The five cent 60th anniversary commemorative issued in 2005 dropped the Morse code border. I am not an expert in linguistics, but I doubt that Morse code can be labeled as a language. More accurately, it is a binary medium for electronic communication using a system of dots and dashes. The motto on the five cent piece is expressed unilingually in English. At the height of its popularity, Morse code was used extensively for communication in many languages other than English, notably by the German and French navies. An example of a Canadian coin that DOES bear four languages is the 1999 $2 commemorative marking the formation of Nunavut Territory in the Arctic. It has legends in Latin, French, English, and the language of Canada's Inuit aboriginal population, Inuktitut." [Morse Code is certainly not a natural language, and neither is Braille. I put the term "language" in "quotes" since I knew there would be some "questions" about this... -"Editor"] ST. AUGUSTINE CELEBRATES ANNIVERSARY WITH MEDAL REPLICA According to a report in the August 28 St. Augustine (Florida) Record, "A replica of a rare bronze medallion from the mid-1600s that pictures St. Augustine of Hippo will be presented to city and church officials today. Its owner, John Walter Fraser, whose family owns the Fountain of Youth attraction on Magnolia Avenue, said he'd commissioned silver replicas of the medal and will present them to Bishop Victor Galeone, St. Augustine Mayor George Gardner and other dignitaries during the Augustinian Day celebration at the Bishop Baker Center. "I've never seen anything like this before," Fraser said of the medallion. The front displays a relief of St. Augustine, the city's patron saint, in close profile holding a bishop's crook and wearing a miter and robes. On the reverse side stands a full figure of Saint Mary wearing an embroidered dress, the words "S. Maria" on the left and -- mysteriously -- the word "Cell" on the right. Fraser said the object came from an archaeological dig in 1998 overseen by City Archaeologist Carl Halbirt at 5 St. George St., a property owned by Fraser's father." "One of the artifacts was the medallion. Initially, the medal had a thick crust from years of immersion in what was probably a trash pit. Metz telephoned John Powell, a former university conservator now living in St. Augustine, who worked on the restoration in his garage lab." "I placed it in the mid-17th century by its style and manufacture," he said Friday. "It was prior to 1675 but after 1625. There was about 50 years when this style of medallion was in fashion." His determination was based on how the medallion was made rather than what was pictured on it, he said." "St. Augustine of Hippo became the patron saint of the city named after him because Don Pedro Menendez spotted land on Aug. 28, 1565, the feast day of St. Augustine. He came ashore on Sept. 8, 1565 and named the area for St. Augustine." To read the complete article (and view an image of the "medallion", see: Full Story ON COLLECTING COUNTERFEITS Michael E. Marotta writes: "Every E-Sylum reader should have a copy of THE COIN WORLD ALMANAC. That highly-important reference contains relevant sections of U.S. Code Chapter 25 on counterfeit currency. Every E-Sylum reader should read the original citations and decide what the law says. Anyone who is unclear on this should check with an attorney. Basically, it is not illegal to hold counterfeit currency, only to buy or sell it. Contraband includes ALL forms of money from current issue U.S. Federal Reserve Bank notes to Budapest bus tokens. If "it" is money, then you break the law when you buy or sell counterfeits of "it." Among the exceptions are obvious replicas commonly enjoyed by the numismatic community. Rather than argue the details second hand, I encourage everyone to know the laws and obey them. Ignorance of the law is no excuse -- certainly not for anyone who subscribes to The E-Sylum. Bottom line: Contraband can be seized without a search warrant." HOW TO ENLIGHTEN PEOPLE WHO THINK AGE EQUALS VALUE IN NUMISMATICS Andrew Kimmel of Paragon Numismatics in Mequon, WI was interviewed for an article published in the Ozaukee County News Graphic on August 29. It's a good short introduction to numismatics for the general public, but what I especially liked was Kimmel's way of disabusing people of the notion that just because a coin is old, that it MUST be very valuable: "Though people may have valuable coins at home, Kimmel cautions against those who think a coin is valuable just because it is old. "What determines the value of a coin is not the age," he said. "If age determined value, rocks would be valuable. What determines value is the condition and the rarity of the coin." To read the complete article, see: Full Story NUMISMATIC NAMES: THE HA'PENNY BRIDGE It's not exactly numismatic, but something I stumbled across while searching the net is the Ha'penny bridge, a landmark pedestrian bridge and popular tourist attraction in Dublin, Ireland. "Now one of the oldest cast-iron bridges in the world it was originally named Wellington Bridge, after the Dublin born duke who had trounced Napoleon. Now called Liffey Bridge it is more commonly known as the Halfpenny or Ha'penny Bridge." "Up to 1816, the year the Ha'penny Bridge was erected, no other bridge existed between Essex (Grattan or Capel Street) Bridge and Carlisle (O'Connell) Bridge. There was a ferry from the Bagnio Slip (at the bottom of Fownes Street) operated by one William Walsh. He owned seven leaky ferries and was under pressure from Dublin Corporation to repair them or replace them. He baulked at that idea, preferring instead to build a bridge. His proposal to Dublin Corporation was adopted and he was allowed in a hundred year lease to charge a halfpenny toll." [Is anyone familiar with the history of this span? Was the halfpenny toll charged throughout its first hundred years? -Editor] To read the complete article, see: Full Story For several modern photos of the bridge, see: Full Story JAPANESE BANK's ATMS FEATURE ROULETTE WHEEL On August 29 Reuters reported that "Japanese banks have long had a reputation for poor service but at least one is trying something new -- wooing customers with an opportunity to try their hand at Lady Luck. A roulette wheel pops onto the screen of automatic teller machines when customers of Ogaki Kyoritsu Bank Ltd finish transferring funds. A lucky spin and the customer wins 1,000 yen ($8.50)." "Our customers enjoy it very much," the spokesman said. " To read the complete article, see: Full Story TRY PUTTING THE PANTYHOSE OVER YOUR HEAD NEXT TIME This one has no numismatic content either, but we just can't resist curious tales of bank robber exploits. This one comes from my hometown of Pittsburgh: "Two men having coffee on Forbes Avenue in Squirrel Hill are accredited with foiling an alleged bank robbery Tuesday afternoon. Authorities said Chris Hoffman, 28, of Sheraden, entered the Fifth Third Bank branch on Tuesday dressed as a woman with a blond wig, green sunglasses, blouse, skirt, pantyhose and purse. Hoffman approached a teller, handed her a demand note, and fled after receiving an undetermined amount of money, said authorities. Employees followed Hoffman out of the bank and alerted two men having coffee at a nearby shop that the bank had been robbed. The two men restrained Hoffman until police officers arrived." To read the complete article, see: Full Story FEATURED WEB PAGE: THALER ARTICLE This week's featured web page is a nice illustrated article from the Journal of Antiques & Collectibles on thalers: "Long before I fell in love with any other types of coins, I loved thalers. Thalers are those huge silver coins first minted in 1484 in the Tyrol, which was part of the Holy Roman Empire..." Featured Web Site Wayne Homren Numismatic Bibliomania Society Content presented in The E-Sylum is not necessarily researched or independently fact-checked, and views expressed do not necessarily represent those of the Numismatic Bibliomania Society. The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. For more information please see our web site at http://www.coinbooks.org/ There is a membership application available on the web site. To join, print the application and return it with your check to the address printed on the application. Visit the Membership page. Those wishing to become new E-Sylum subscribers (or wishing to Unsubscribe) can go to the following web page link. |
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