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Welcome to The E-Sylum: Volume 10, Number 17, April 29, 2007: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2007, The Numismatic Bibliomania Society. WAYNE'S WORDS: THE E-SYLUM APRIL 29, 2007 Among our recent subscribers is Giulia Clark. Welcome aboard! We now have 1,106 subscribers. This week's issue opens with sad news of the death of a prominent numismatist and former ANA employee. On a brighter note, collectors are clambering to visit the new money museum opened in St. Louis by nonagenarian numismatist Eric Newman. Among new research queries is a request for a named 1886 Henkels Sale of the Dr. Edward Maris Collection. On a prior topic Ron Abler writes: "Once again, the E-Sylum community came through with knowledgeable expert information. Please thank Anne Bentley for her spot-on advice and assure her that I have not, nor will I ever, treat my wooden medals with anything but TLC and as stable an environment as I can manage." In the news, some buildings of the former Birmingham Mint are being demolished, the Eliasberg 1913 Liberty Nickel traded hands for a record $5 million, and President George Bush was rebuffed by a soldier when he tried to present a soldier's Medal of Honor. In other newspaper articles this week are great feature interviews with experts on Australian trade tokens and U.S. Civil War tokens. Also, a Texas pizza chain's experiment with accepting pesos has been a success. But that's not all - there are also two great articles on current U.S. and former Canadian banknote artists. Which state found $2.9 million in half cents? And what do grave-robbing, venereal disease and "Ua mau ke ea o ka 'aina e ka pono" have to do with numismatics? Read on to find out! Have a great week, everyone. Wayne Homren Numismatic Bibliomania Society CHRISTOPHER T. CONNELL, 1946-2007 Former American Numismatic Association Museum Collection Manager Christopher T. Connell passed away Monday, peacefully in his sleep, according to Gail Baker of the ANA. An Episcopalian priest, Chris was also a passionate byzantine historian and numismatist. He taught a Byzantine Coins class at the ANA's summer seminars, and both he and his wife Susan (also an Episcopalian priest) were Summer Seminar chaperones and very active with Young Numismatists. Originally from New Jersey, Chris was an officer of the Ocean County Coin Club (OCCC) and the Garden State Numismatic Association (GSNA). The service is April 30, 2007 at All Saints' Episcopal Church, Miami, OK 74354. The service is at 11:00AM and a reception will follow in the parish hall. His wife Susan adds: "Please ask people who wish to send a memorial to send them to All Saints' Church, 225 B Street NW, Miami, OK 74354 marked for the memorial fund in memory of Chris Connell. The committee and I will purchase something depending on the funds (stained glass window to altar linens, extra chalice and paten) depending upon the amounts gathered." The ANA published the following press release when he took an early retirement from the ANA to return to the church: "Connell, whose numismatic expertise is centered on ancient coinage, has been teaching courses on Byzantine numismatics at the ANA Summer Seminar for several years and is a frequent exhibitor of Byzantine coins, often placing first at local, regional and national conventions. "A member of the Numismatic Literary Guild (NLG), Connell has written articles for The Numismatist, The Celator and COINage magazines, as well as scripts for ANA's former radio program, Money Talks. "Connell is a past president of the New Jersey Numismatic Society, Ocean County Coin Club and Watchung Hills Coin Club, and has served on the board of the Garden State Numismatic Association. He was ANA Regional Coordinator for Region 2 (Delaware, Maryland, New Jersey and Washington, D.C.) and served as master of ceremonies for the 1997 ANA convention banquet in New York. In 2000, Connell was named the ANA's Young Numismatist (YN) Adult Advisor and last August was appointed chairman of the ANA's YN Committee. "His 1995 Glenn Smedley Memorial Award citation stated, 'Chris Connell's contagious enthusiasm for Byzantine coins extends beyond this collecting specialty to his sharing of knowledge and delight with other collectors. He spreads the joy of collecting throughout the numismatic hobby, introducing many new collectors to this otherwise formidable subject.'" "A collector for many years, Connell is Episcopal priest. He is taking an early retirement as rector of All Saints Church in Great Neck, New York." Gar Travis forwarded a link to Connell's obituary in the Miami (Oklahoma) News Record. "Connell was born July 25, 1946, in New York, N.Y., to Martin and Vivienne Connell. He lived in New York, New Jersey and Colorado before moving to Miami in August. He was briefly enlisted in the Air Force. "He earned a bachelor of arts degree in theatre from Kenyon College in Gambier, Ohio, and a master of arts degree in theatre arts from the University of Michigan. He continued his education at the Episcopal Divinity School in Cambridge, Mass., receiving a master's of divinity degree. "'After retiring from full-time parish ministry, he served as collections manager for the Museum of the American Numismatic Association in Colorado Springs, Colo. Since moving to Miami, he has served as supply priest to St. Martin of Tours in Pryor and St. Basil's in Tahlequah. "'He became a member of the Miami Little Theatre, appearing in 'Fiddler on the Roof' and was most recently cast in 'You're A Good Man Charlie Brown.' He was a member of the Rotary Club.' To read the complete obituary, see: Full Story ERIC P. NEWMAN MONEY MUSEUM TICKETS SELL LIKE HOTCAKES Dave Wnuck writes: "I just returned from the Early American Coppers convention going on this weekend in St. Louis. I thought your readers might be amused to hear about the rock concert-like demand for the 200 tickets for the tour of the Eric P. Newman Money Museum. Quoting from the report of the event we just uploaded to the website: "To give you an idea of the demand for that museum tour, I called the volunteer EAC host to get my name on the list to attend. I figured calling him a month in advance would be plenty of time to secure a seat. After all, this was a field trip to a coin museum, not a Rolling Stones concert. "Boy, was I wrong. All two hundred slots for this tour were spoken for, and I was #20 on the waiting list. Needless to say, I was not able to get a seat on the one of the 4 busses that transported folks to the museum. I heard (unconfirmed) rumors that there was a dealer making a buy/sell market in these "free" tickets. "After all, Mr. Newman, who once owned all five 1913 Liberty nickels simultaneously (one of which sold just this month for $5 million), has a collection that is said to surpass even John Ford's holdings [now being sold in a series of 20+ auctions spread over 5 years]. It was the hottest ticket in town." To read Dave's complete EAC blog entry, see: Dave's complete EAC blog LAKE BOOKS SALE #88 PRICES REALIZED AVAILABLE Fred Lake of Lake Books writes: "The prices realized list for our sale #88 which closed on Tuesday, April 24, 2007 is now available for viewing on our web site at: Lake Books Prices Realized Our next sale will be held in late June, 2007." SPRING CLEANING SPECIAL: PETE SMITH OFFERS LITERATURE TO NBS MEMBERS NBS President Pete Smith writes: "I'm attempting to limit the clutter in my life and reduce the numismatic literature in my library. I'm offering numismatic literature free to any NBS member who wants it and will pay for shipping. Items include auction catalogs, fixed price lists and dealer newsletters. You may request a list by writing to me at petesmith_158@msn.com." [NOTE: Pete specified Numismatic Bibliomania Society members only. Subscribers to free E-Sylum newsletters are not eligible unless they are also paid-up members of the society. -Editor] NEW BOOK: 'STEALING LINCOLN'S BODY' BY THOMAS CRAUGHWELL What does a book about grave-robbing have to do with numismatics? In this case, the link is counterfeiting. A new book details the actions of a band of counterfeiters who hatched a scheme to steal and ransom the body of slain President Abraham Lincoln. The Washington Post published a review on April 24 of "Stealing Lincoln's Body" by Thomas Craughwell (Belknap/Harvard Univ. 250 pp. $24.95): "Grave-robbing is rather a lost art. It is hard to recall a single well-publicized instance since thieves snatched Charlie Chaplin's remains in Switzerland 30 years ago." "But Abraham Lincoln, the object of one kidnapping plot in life (Thomas J. Craughwell doesn't mention it, but John Wilkes Booth resorted to assassination only after abandoning his original plan to capture and ransom the president for imprisoned Confederate soldiers), proved an irresistible candidate for kidnapping in death." "Body snatchers finally violated Lincoln's tomb on election night 1876 -- But politics played no role. The grave robbers were low-life counterfeiters who hoped only to make quick cash -- of the authentic kind -- by holding Lincoln's corpse for a $200,000 payoff. In the bargain, they would demand that a notoriously skillful bank-note forger be sprung from the penitentiary so he could rejoin their once-prosperous gang. "In the end, their caper turned into black comedy. The conspirators managed to disturb the tomb but lacked the strength to pull Lincoln's heavy casket from its sarcophagus. Caught in the act, they fled the scene so quickly that pursuers nearly shot each other in a vain attempt to capture them. Only later were the failed grave robbers arrested, tried and sent off to prison, serving brief sentences before disappearing from history." [The review notes that the book includes a chapter on the history of counterfeiting, and summarizes it as follows: "Summoning the raw spirit of crime novels and horror stories, as well as the forensic detail of a coroner's inquest, Thomas J. Craughwell has turned the eerie final chapter of the Lincoln story into a guilty pleasure." -Editor] To read the complete review, see: Full Story THE SECRET BOOK THAT COIN DEALERS DON'T WANT YOU TO READ I couldn't help but notice an eBay lot description for "The Secret Book that Coin Dealers Don't Want You to Read" (item #170104398239). It's a great marketing gimmick for the “Coin Preservation Handbook” by Charles Frank. The seller states that "This Out Of Print Book is rarely available and sells on ebay between $100-$150." Fred Lake reports that in his numismatic literature sales, copies of the book generally sell in the $15-$25 range. I don't follow eBay much, so I don't know what price levels there are. Anyway, it's interesting to see how certain numismatic books are portrayed online. CASTINE HOARD ARTICLE IN THE COLONIAL NEWSLETTER Gary Trudgen, editor of The Colonial Newsletter writes: "I read with interest the report by John and Nancy Wilson concerning the reprinted article by Joseph Williamson on the web site of the Wilson Museum of Castine, Maine. CNL recently published an authoritative paper on this hoard authored by Thomas Kays. His paper, titled 'Second Thoughts on a First Rate Coin Hoard: Castine Revisited' appeared in the August 2005 issue and is found on sequential pages 2837 through 2868. It is a 'must read' for anyone interested in this hoard." CASTINE AND THE OLD COINS FOUND THERE esylum_v10n16a24.html PRICED AND NAMED MARIS SALE CATALOG SOUGHT Ray Williams writes: "I'm hoping an E-Sylum subscriber can help me with this question. I'm wondering if a priced and named June 21st, 1886 Henkels Sale of the Dr. Edward Maris Collection exists that also has the names and bid amounts for the individual New Jersey Copper lots. These coins consisted of lots 350 through 500. "The method that was used to auction the NJ Coppers was for each lot to be bid upon and recorded. Once the final NJ lot was auctioned, then the bids for all the NJ lots would be added up and bidding starting at that amount for the entire NJ Collection intact. The collection was purchased intact at the auction by Harold P. Newlin acting as an agent for T. Harrison Garrett. "I'm wondering if anyone has seen a catalog where the individual bidders and their bids were recorded for the NJ lots. The listing of names of the active NJ Collectors in the 1880s would be of importance, and we might find a few important collectors whose names have been lost to time." MAGNETOPHONE TRANSFER SOLUTION LOCATED Regarding Dave Bowers' search for a Magnetophone, Dan Freidus was able to locate an outfit that handles the transfer of recordings from old wire recorders to new media. But Dave Baldwin has a friend who has a real live Magnetophone, and Dave writes: "I will send the two recordings off to them. I hope that after 45+ years they are not demagnetized!" [Thanks, everyone. Let's hope those old numismatic recordings can be retrieved and converted to a modern format. -Editor] Magnetophone transfer service Magnetophone transfer service MAGNETOPHONE PLAYER SOUGHT TO UNLOCK NUMISMATIC RECORDINGS esylum_v10n16a16.html RESEARCH ANSWER: RAY WHEELER, 1960S COIN DEALER FROM AVON, MISSOURI Larry Dziubek asked about 1960s-era coin dealer Ray Wheeler, in order to assign the location of a maverick trade token. We haven't quite nailed down the location, but much more is known thanks to Mark Borckardt of Heritage, who writes: "There is no doubt that Ray Wheeler can be found in the roster of American Numismatic Association members. He was an unsuccessful candidate for ANA governor in 1965. Although this doesn't help with a location, he should be accessible. Dave Bowers' ANA History even includes a picture of Mr. Wheeler on page 1038 in Volume II of his reference, an invaluable source of information." [Many thanks. I do have the Bowers ANA History volume, but didn't think to look there for (what I thought was) an "ordinary" member. As a candidate for governor he had a high profile in his day, and there will likely be ads and other information on him in the page of The Numismatist. Amber Thompson at the ANA Library confirmed for us that Wheeler was a candidate in 1965, age 47. His town? Avon, Missouri. He was the only ANA member from that town, using a P.O. Box as an address in both 1965 and 1964. Still unanswered is whether THIS Ray Wheeler is THE Ray Wheeler who issued the token which started this line of inquiry. But knowing a town, the next step is to check local telephone directories, newspapers, etc. for listings or advertisements linking Wheeler, his coin shop, and token. Are any of our readers in or near Avon, Missuori? -Editor] RESEARCH QUERY: RAY WHEELER, 1960S COIN DEALER esylum_v10n15a11.html STONEWALL JACKSON IN GAOL Harold Levi writes: "Several issues back, there was some discussion about the word “gaol” and its meaning and usage. I wanted to jump in at the time but could not remember where I had recently read the proper use of the word. "The book was “I Rode With Stonewall,” a memoir written by Henry Kyd Douglas using a diary he kept during the war and other period documents. He was the youngest staff officer in Gen. Thomas J. Jackson’s command. My copy of the book is a paperback published by Fawcett Publications, Inc in 1965. "Douglas was admitted to the Virginia Bar in 1860 about the time he turned twenty-one. In 1865, after the war, he was arrested and taken to the Old Capital Prison in Washington City to testify in the trial of Mary Surratt and others. They somehow thought that Gen. Jackson had been involved with the Lincoln assassination. On page 329, Douglas makes the following statement, “The life of a prisoner in such a mysterious gaol was more or less exciting and interesting after it was over, an experience one was glad to have had but not anxious to repeat.”" CONDER TOKENS AND THE SPELLING AND PRONUNCIATION OF GAOL esylum_v10n04a08.html SOME BIRMINGHAM MINT BUILDINGS BEING DEMOLISHED Dan Gosling forwarded a note from a relative in England with news about the demolition of some buildings of the former Birmingham Mint. She writes: "I spoke to one of the builders who said that the site has been sold to developers to build 'luxury' and 'affordable living' apartments. All of the factory units at the back of the site have been removed and they are in the process of removing the blasting furnace. The admin buildings are still intact and the builder thinks that the developers are hoping to keep these and convert these into apartments. I don't know if you remember the wall that had the plaque on it? Well this is earmarked to come down but they hope to move the plaque onto the front of the admin buildings." To view Dan's before and after images of the Birmingham Mint, see: Full Story 1913 LIBERTY NICKEL SELLS FOR $5 MILLION Speaking of Eric Newman's onetime 1913 Liberty Nickel hoard, as Dave Wnuck notes, the Eliasberg specimen traded hands this week at $5 million. A number of newspapers picked up the story. Here are excerpts from The Asbury Park Press (of New Jersey): "A township-based coin shop has sold a rare 1913 'Liberty Head' nickel to a Southern California collector in a lucrative transaction that marks the most ever paid for a nickel — and the second-highest price ever paid for any coin, according to the coin dealer who arranged the sale. "'Now we can say we've conquered the 1913 nickels as good as we can,' said Laura Sperber, co-president of Legend Numismatics, which sold the coin. "Sperber said the coin was well-traveled, visiting many states and coin conventions. It never went anywhere without 'heavy security.' "The $5 million paid Wednesday was second only to the $7.59 million paid in July 2002 for a $20 Double Eagle gold coin from 1933. "'We bought the coin because we have a fascination with the 1913 nickel,' said Sperber, who bought the coin with Bruce Morelan, a partner in Legend." To read the complete article, see: Full Story [Interestingly, at least one paper covering the sale made the same mistake we've seen before over the spelling of the word "dies", in its retelling of the "story" of how Samuel Brown came into possession of the coins. "As the story goes, Samuel Brown was working at the Philadelphia Mint when orders came down in December 1912 not to mint anymore “Miss Liberty” nickels in favor of a new design featuring a bison on the back and a Native American Indian on the front. The dyes had already been made, however, and Brown somehow ended up with five 1913 nickels with “Miss Liberty” on the front and a Roman number V on the back. It’s not clear if the coins were made before or after the design switch, or who made them, but Brown eventually left the Mint." -Editor] To read the complete article, see: Full Story STEPPING THE MAST IN CHARLESTON, SOUTH CAROLINA The Post and Courier of Charleston, SC published an article Thursday about another stepping the mast ceremony, this time involving an 1879 silver coin and South Carolina state quarter. "At the River Styx, the ferryman waits at the gates of the underworld, making sure those who pass have silver coins to pay their toll to Hades' kingdom. "The Greek legend dates back to the days of Homer and Odysseus, but modern-day sailors know better than to mess with ancient maritime tradition or superstition. "Before the Spirit of South Carolina's crew erected a 97-foot-long main mast into the ship's 150-ton frame Wednesday, the daughter of the ship's director placed a silver coin under the mast to protect sailors for generations to come." "When the mast reached its hole, a crew of about 15 men circled it, shifting it in place to be locked down below. To read the complete article, see: Full Story NAVAL COIN CUSTOM IN THE NEWS: STEPPING THE SHIP'S MAST esylum_v10n11a26.html UPCOMING JAEGER ARTICLE ON STEPPING THE MAST esylum_v10n12a19.html SOLDIER REBUFFS PRESIDENT BUSH'S PRESENTATION OF PURPLE HEART The News-Tribune of Tacoma, Washington published a story this week about a wounded soldier who rebuffed President George Bush when he came by to present his Medal of Honor, wishing instead to receive it from his commanding officer in Iraq. "After Staff Sgt. Chess Johnson was wounded in Iraq, he was flown to Germany and then to Walter Reed Army Medical Center. He spent about a month recovering from a gunshot wound to the head before being shipped home to Fort Lewis. His departure was probably a relief to Walter Reed nurses. He admits he was not a model patient. "Despite devastating injuries – a bullet tore through the right side of his face, destroying his eye and his cheekbone – Johnson was a handful. He removed those little sticky monitors, and one time he took out a catheter because he insisted on standing up and going to the bathroom. He’d sneak himself up and into the shower." "His wife, Amanda, says her 26-year-old husband has a stubborn streak. "He dug in his heels about one other thing: his Purple Heart, the medal that dates back to George Washington, given to service members wounded in combat. "A commander from Fort Lewis went to see him at Walter Reed and told him the president himself was going to pin it on. "Johnson, a native of Dove Creek, Colo., said no – not out of disrespect, but because he didn’t want it until he could get back to Iraq and receive it with his men. At this point it had been only a few weeks since the Dec. 3 shooting in Mosul. "He declined again when Secret Service agents came by his room the next day. "“A couple days later, President Bush walks into my room,” Johnson said. “We had a great conversation. I talked to him for about 20 minutes.” "The commander in chief presented the soldier with a commemorative coin. But no medal. "“I respect the president 100 percent, but he hasn’t gone to war with me, wasn’t in the conflict with me, doesn’t know me as an individual,” Johnson said. “That is something that my company commander should give me.” "Four months later, Johnson finally has his Purple Heart – and a Bronze Star for valor to go with it." To read the complete article, see: Full Story [So, I wonder what "commemorative coin" it was that the President presented? -Editor] VICTORIA CROSS MEDALS TO BE DISPLAYED IN AUSTRALIAN MUSEUM According to a report this week in the Brisbane Times, "Queenslanders will have the opportunity to view two highly-prized Victoria Cross medals from next year, after a businessman loaned them to the Queensland Museum. "Mackay businessman Neil Jenman bought the medals at a Melbourne auction in 1999. "Mr Jenman paid $185,000 and $100,000 respectively for the two medals, awarded to heroic young Australians who fought in France in World War 1. "Major Blair Wark and Private Robert Beatham were both aged 24 when they were recognised for their brave deeds on the field of battle. "Major Wark was awarded the VC in September 1918, after three days of heavy fighting attempting to break German defences along the Hindenburg Line. "During the battle, Wark and two other men disabled a battery of 77mm guns, two heavy machine guns, and captured 60 Germans. "Private Beatham received his VC in August 1918 when he destroyed five enemy machine posts and captured 10 enemy crew. "The medals will form part of an extensive exhibition at the Queensland Museum, commemorating the 90th anniversary of the end of WWI. "The first Victoria Cross medals were awarded after the Crimean War in 1857, with the medals struck from the bronze of captured Russian guns. "In the past 150 years, 96 Australians have received the VC, with four Queenslanders being honoured with the distinction." To read the complete article, see: Full Story ARTICLE: EARLY TOKENS A FAVORITE OF AUSTRALIAN COIN DEALER Dick Johnson writes: "A headline caught my eye this week, 'Token Economy,' but the article was even better than the headline. It was about Jim Noble, a Sydney Australia coin dealer, who is also president of the Australian Numismatic Dealers Association. "An excellent written article tells how he became enamored with early tokens of his native country that were widely available and undervalued by today's standards. "He began to take his hobby seriously in 1960 when he placed advertisements in newspapers offering to buy tokens. These proved to be a good source because few others appreciated the significance of Australian tokens. He certainly did. He was studying economics at university at the time and realised these coins were important as 'a statement of social history,' as he puts it. His already considerable collection was greatly boosted when he bought another collection in 1966." "All tokens have a story to tell. A collection from the mid- to late-1800s (they were produced in New Zealand until that time) represents a snapshot of the commerce of the day and which trades ruled the economy: grocers, general stores, drapers, haberdasheries and pawnbrokers." To read the complete article, see: Full Story BLOG: ALAN BLEVIS ON U.S. CIVIL WAR TOKENS Ephemera dealer Marty Weil published a nice, lengthy entry on his 'ephemera' blog this week interviewing Alan Bleviss on the collecting of U.S. Civil War Tokens. "Alan Bleviss, a voice-over actor based in Canada, is the President of the Civil War Token Society. Alan provided a wealth of information about Civil War tokens in the following interview. "ephemera: How did you become interested in Civil War tokens? "Bleviss: In late 1994, I bid and won a small collection of coins at the auction. Attempting to do some research, I discovered it was a Civil War Patriotic token. I began frequenting local coin shows and asking if they had Civil War tokens, but typical response was either 'no' or 'I used to have a very fine collection of white metal ones, but sold them long ago.' This peaked my interest. "Several years into my collecting of these tokens, I met a dealer who asked if I had anything for sale. Upon explaining that I did not wish to retain my coins, he purchased all the things I had lost interest in. Those funds became my base for acquiring my present collection, which numbers almost 4,000 different varieties. "One short note of importance, the shop keepers accepted each others tokens. When I began collecting, I thought to collect one of each variety, but that is a task never completed by anyone and is just impossible, when some are simply unique, one of a kind. Now, I attempt to obtain at least one of each merchant, and if a variety is available which I do not have at a reasonable price, I will attempt to obtain it as well. The fact that a token is unique means the price is as well. Some merchants had thousands of tokens struck and some just a few. There exists a merchant from Detroit, Dr. I.C. Rose whose token reads TREATS ALL CHRONIC FEMALE & VENEREAL DISEASES, DETROIT, it had to be advertising!" To read the complete blog entry, see: Full Story MANLEY'S ANA COMPLAINT AGAINST KAGIN PUBLISHED Numismatic News has published the full text of a compliant filed with the American Numismatic Association by Dwight Manley against ANA Board Member Don Kagin. The complaint deals with the unique Blake & Co. gold assay bar from the S.S. Central America that had been stolen by a workman from Manley's home. Manley is accusing Kagin of knowingly attempting to broker a bar he knew was stolen. Kagin denies this and it will be quite interesting to see how this all plays out. Of interest to bibliophiles is the complaint's reference to Kagin's auction catalog notes, which Manley says proves Kagin "knew" the unique bar belonged to him. To read the full complaint filed by Manley, see: Full Complaint MANLEY GOLD BAR THIEF SENTENCED esylum_v09n49a34.html PIZZA PATRÓN'S PESO POLICY PAYS An article in the May 2007 issue of Inc. Magazine follows up on the recent controversy trigged by a Dallas, TX pizza chain's decision to accept Mexican pesos in payment. "If you've heard of Pizza Patrón, it's probably because of the brouhaha that erupted in January after the company announced plans to accept Mexican pesos in addition to dollars at its 63 locations. The franchised chain, which is based in Dallas and operates in five western states, received more than 3,000 protest e-mails and even a few death threats. But what may be more interesting than the controversy is the fact that the program was easy to implement and had some unexpected benefits. "Founder Antonio Swad devised the pesos promotion in order to bump up sales during a traditionally slow period. Since 65 percent of his customers are Latino, Swad hoped the promotion would appeal to customers who returned from Christmas trips home to Mexico with a few leftover pesos in their wallets. "We're trying to extend a hand to our customers," he says. "After local papers reported on the promotion, everyone from NPR to Fox News called to ask about it. Swad estimates that he agreed to 250 interviews in all, many tying it to the issue of illegal immigration. "Swad says he never meant to get caught up in the immigration debate, but he enjoys Pizza Patrón's higher profile. Sales are up, too. Pesos now account for between 5 to 10 percent of sales... As a result, the company decided in March to accept pesos on a permanent basis." To read the complete article, see: Full Story ARTICLE: U.S. BANKNOTE DESIGNER WILLIAM KRAWCZEWICZ, A.K.A. "DOLLAR BILL" Today The Capital of Annapolis, MD published a great interview with one of the BEP's key banknote designers: "No one makes more money than Bill Krawczewicz. "But the Severna Park resident won't ever give Bill Gates a run for his money because, sadly, the riches aren't his own. "Mr. Krawczewicz is a bank note designer, one of only three in the country, at the Bureau of Engraving and Printing in Washington, D.C. "If you'd like to get a look at his handiwork, just take out your wallet and examine the $10s, $20s, and $50s inside. He worked on the recent redesign of all three bills. "He didn't draw the pictures of Hamilton, Jackson and Grant on the notes, but he did handle the currency's color and layout, as well as the design of the icons of freedom. Some friends call him "Dollar Bill." "The 40-year-old came to the BEP from the design department of the Clinton White House. Prior to that, he worked at the U.S. Mint, a job he got shortly after graduating from the University of Maryland. "Mr. Krawczewicz's professional projects often start with a drawing, but he does most of his work on a computer. Some of his handiwork can only be seen with the aid of a magnifier, and he can work in increments as small as a few microns. "Mr. Krawczewicz keeps up on the world, money-wise, by collecting foreign bills. He likes to see how other countries incorporate design details in their bank notes. He doesn't collect coins, though. 'I've always liked money, he said with a chuckle. '(But) I see it differently now. I have more of an understanding of all the labor that goes into it.'" "Besides bank notes, he's designed the Maryland quarter, President George W. Bush's official medal, a World Cup soccer coin, the James Madison silver dollar, and three Olympic coins for the summer games in Atlanta in 1996. "Some of that joy and fervor is evident when Mr. Krawczewicz discusses his work at the BEP. "I just really enjoy my job," he said. "I want the notes to look as beautiful as possible. I just put my heart into it and I hope the public will feel the same way." To read the complete article, see: Full Story ARTICLE: CANADIAN BANKNOTE DESIGNER LESLEY SAWYER DIES Also today The Gazette of Montreal published a nice obituary of Lesley Sawyer, an artist responsible for a number of Canadian currency designs. "Leslie Sawyer had designs on a lot of money. But he never became rich. "The British-born graphic artist responsible for the Scenes of Canada series of Canadian banknotes that were issued in the 1970s, died April 15 of congestive heart failure in the Lakeshore General Hospital. He was 86. "As a child, he displayed a natural talent for drawing and at 14 dropped out of school to apprentice as a commercial artist. "At 19, he joined the Royal Air Force and during the Second World War served with 112 Squadron as ground crew in the North African Campaign painting the shark's faces on Tomahawk aircraft. "When the war ended, he went to work in London as a designer for the De La Rue Company Ltd., described as the world's largest security printer, which began printing currency for the British Treasury in 1914. "As a house artist, he was responsible for the design on the back of the $5 bill in the 1954 series of Canadian currency that introduced the queen's portrait on Canadian money for the first time. "In the 1970s, he designed the series of Canadian banknotes that featured multicoloured security tints to the basic hues of the bank notes." To read the complete article, see: Full Story ARTICLE: ROYAL MINT'S ONE PENCE PIECE OBSOLETE? David Sundman, Philip Mernick and Dick Johnson all forwarded an article from the BBC News Magazine about the growing obsolescence of the one pence coin. Below are Dick Johnson's comments and a few excerpts from the article. Dick Johnson writes: "A report published in Great Britain this week reveals where six and a half billion lost coins end up. And that's just the new pence issued since 1971. How the imaginative Brits studied that I don't know but here are some of their results: 2.6 billion of the small coins are lying in gutters and on the street -- and the percentage of people willing to pick them up is dwindling -- 1.1 billion in lady's handbags, 780 million in cars, 590 million under cushions of settees. "The Royal Mint is quoted as saying "the lost pennies account for 38 per cent of all those issued." This suggests that Britons no longer believe in the saying: 'Look after the pennies and the pounds will look after themselves.' "Since September 1992 England -- like Canada -- has stuck pennies in copper plated steel. Had they continued striking them in copper, the copper alone today would cost 1.65 pence each. "The report recounts that the half pence coin came into general circulation after the February 1971 decimalization. But the tiny 1/2p was withdrawn at the end of 1984 because shopkeepers could not be bothered with it any more. They had lost their economic usefulness. "The rising cost of minting such low value coins is reflecting a world-wide trend. Low valued coins are destined to be abolished because of the rising world economy and the utter uselessness of a coin of such small value. It's no wonder that people don't bother to pick them off the street anymore. "The news article on this report ran in several British newspapers. This one from the BBC News magazine had the best pictures, quotes Jeremy Cheek on the staff of Spinks, London's famed coin dealers, and has some interesting readers comments" Here are some excerpts from the article: "'I bought something yesterday and it came to £3.99 and I said to the trader you can keep the penny. I've seen people years ago throwing the old half pence piece away and I think the penny is now viewed the same way. "'Personally speaking I can't see it being around much longer - maybe two or three years. I don't think you can buy things for a penny anymore. It's a sign of the times.' "The Royal Mint disagrees the coins days are numbered - as its re-design plans demonstrate. "Even the coin collectors have little time for the new penny. one expert describing it as 'very boring,' compared to the coin it replaced on D-day or decimalisation day back in February 1971. "'There was some sort of romanticism about the old penny with coins dating back to the time of Victoria still in circulation,' says Jeremy Cheek, Numismatist with coin dealers, Spink. "Since its introduction 36 years ago, it has changed remarkably little. The prefix 'new' was dropped from the coin's tail-side in 1982 and the head has seen three different pictures of the Queen as she has aged alongside the design. "But perhaps the biggest change will have passed most of us by with the switch in 1992 from an alloy of bronze, copper and zinc, to a steel disc coated in copper, when the price of the original raw materials outstripped the penny's face value. "The existing design won't vanish overnight when the re-vamped penny is introduced with what the mint promises will be a design reflecting 'modern Britain.'" To read the complete article, see: Full Story To read a related article on Scotsman.com, see: Full Story VENEZUELA TO REVALUE CURRENCY One currency-related topic we've neglected to cover is the upcoming currency revaluation in Venezuela, which will bring about the adoption of a new currency name and banknote issue. Arthur Shippee forwarded a New York Times article which unfortunately isn't available on the firm's web site anymore for free. Another article we found is an opinion piece criticizing the government for addressing only the current issues and not the underlying economy. "After so much insistence on a supposed monetary reform, the government suddenly decided to adopt only a reconversion. In this case, it will divide all prices and salaries by 1,000 starting Oct. "And starting Jan. 1, 2008, it will issue a new currency called the Bolivar Fuerte (Bs. F). But of measures needed to lower inflation and protect the value of this new currency, nothing is said. "Since 2001 the Hugo Chávez government had been insisting on the need for a monetary reform, which is much more complex, of greater range and more useful than any rudimentary currency reconversion. "To the contrary, a reconversion simply means modifying the monetary denomination. "That is, dividing the current value of all bills and coins, as well as prices and wages, by 1,000. In other words, three zeros will be eliminated from all the bills and coins in circulation, to be substituted by others with three fewer zeros. This, moreover, will include, according to BCV President Gastón Parra Luzardo, designs alluding to nationality, Venezuelan ethnic origins and its women." "The reconversion will come into force Oct. 1, when all prices and wages must be simultaneously expressed in Bs. and in Bs. F, but it will not be until Jan. 1, 2008 when new bills will circulate in denominations of Bs.F 100, 50, 20, 10, 5 and 2; and coins of Bs. 1,00, 0.50, 0.25, 0.125, 0.10, 0.05 and 0.01. Current bills in bolivars will continue to be used during a transition period whose duration has yet to be stipulated, when both currencies may be used. After this transition period, only the Bolivar Fuerte (Bs.F.) will be valid." To read the complete article, see: Full Story HAWAII STATE QUARTER DESIGN SELECTED An April 24th article in the Honolulu Advertiser proclaims 'It's official. "'A 25-cent piece featuring the mighty profile of King Kamehameha, the eight main islands, our state motto (Ua mau ke ea o ka 'aina e ka pono), admission year and — in case anyone doesn't get it — the word 'Hawaii' will be jingling in pockets and purses across the U.S. "'Gov. Linda Lingle yesterday announced formal approval of the Hawai'i commemorative quarter, the last of 50 such quarters to be authorized and issued by the U.S. Mint. To read the complete article, see: Full Story [Bad choice, in my opinion. At least they didn't choose the surfer or Hula dancer, but the chosen design combining the statue of King Kamehameha and the outline of the state looks for all the world like someone tossing out scraps of trash. The "Diamond Head" design would have been much better. -Editor] ALASKA STATE QUARTER DESIGN SELECTED "The final design for the Alaska commemorative quarter was unveiled by Gov. Sarah Palin Monday. The governor's choice was the bear with a salmon and the North Star. Mark Vinsel, chair of the Alaska Commemorative Coin Commission, was with Palin for the unveiling ceremony in Anchorage. The design will be forwarded to the United States Mint, with the coin's release scheduled for fall 2008. "In the Homer News online poll about the quarter, the brown bear with a salmon also was the favorite quarter with 36 percent of those voting choosing that design. The Denali Park design with the musher, Big Dipper and North Star was a close second with 34 percent voting for it, followed by the polar bear with the midnight sun (25 percent). The least favorite design in the Homer News poll was the gold panner in Denali National Park, with only 5 percent of those voting saying that should be the state's quarter." To read the complete article, see: Full Story [Now this choice, I like. The brown bear with a salmon design is a great way to represent Alaska's great outdoors. It's uncluttered and should make a handsome coin. With the decisions on the Hawaii and Alaska designs (scheduled for 2008 release) the Fifty State Quarter series is coming to an end. I'm not looking forward to these references to the year 1959, when I was a year old. It means that when I was born, there weren't even fifty states in the Union, which makes me feel older than dirt. Don't tell my wife, who already teases me for being old(er). -Editor] HALF-CENT BETTING IN CONNECTICUT Dick Johnson writes: "You can place a bet for one half-cent at two of the casinos in Connecticut. But they are not using pre-1857 U.S. coins. And don't expect these 19th century rarities to come flying out when you hit a jackpot. It's all done with credits and a printed card. "You can feed the machine a $10 bill and receive 2,000 half-cent credits. Or you can do the same at one-cent one-armed bandits. They have installed 38 half-cent machines at the Mohegen Sun Casino., for example. The half- cent machines took in $2.9 million at the two casinos the first two months. But the machines keep 14%. That's a pretty high vigorish. "I am at the opposite end of the state or I would visit one of these gambling meccas just to give you readers a first-hand report. (What I must do for E-Sylum subscribers!) But Americans are big-time spenders. In Australia you can bet one-quarter cent or less in some of their casinos according to a recent news story!" To read the complete article, see: Full Story FEATURED WEB SITE: CATALOGUE OF CURRENCIES This week's featured web site is the catalogue of currencies, maintained by Slovakian software firm APIS Ltd. catalogueofcurrencies.com/ 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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