Welcome to The E-Sylum: Volume 10, Number 40, October 7, 2007:
an electronic publication of the Numismatic Bibliomania Society.
Copyright (c) 2007, The Numismatic Bibliomania Society.
WAYNE'S WORDS: THE E-SYLUM OCTOBER 7, 2007
Among our recent subscribers are Jim Bulmer and Roger Pabian,
courtesy of Larry Lee, and Anthony Lingner. Welcome aboard!
We now have 1,189 subscribers.
This week we open with the announcement of the David F.
Fanning Numismatic Literature seventh Fixed Price List and
an update from Fred Lake on the latest Lake Books sale of
numismatic literature. Next, Richard Doty reviews a new
book on counterfeiting in the U.S. and Dick Johnson reviews
the recent FIDEM Congress exhibition catalog.
Next up are announcements of no less than three new numismatic
books from Whitman Publishing, plus an update on the nearly
complete Canadian Numismatic Bibliography project. Next, I
pose a question about what is to me, at least, the greatest
outstanding mystery surrounding the cataloging of the John J.
Ford collection by Stack's.
In follow-ups from latest week's death announcements we have
extensive reader reminiscences on Joseph Veach Noble and Arlie
Slabaugh. In the news this week are the opening of a film
about the WWII Nazi 'Operation Bernhard' counterfeiting operation,
the arrest of dangerous Glasgow counterfeiter "Hologram Tam",
and the cancelation of the ANA's plans for a Washington, D.C.
numismatic museum.
To read about the politically incorrect 'Darky and Watermelon'
coin bank and the Quasi Universal Intergalactic Denomination
coins, read on. Have a great week, everyone.
Wayne Homren
Numismatic Bibliomania Society
FANNING BOOKS SEVENTH FIXED PRICE LIST AVAILABLE
[David Fanning forwarded the following release about his
latest numismatic literature price list. -Editor]
David F. Fanning Numismatic Literature has announced its
seventh Fixed Price List, featuring rare and out of print
numismatic literature as well as a selection of current and
standard references. The illustrated list is available on
their new Web site at and includes
some rarely encountered titles. Items range from under $20
to over $1,000, and from 1808 to 2007. Some highlights of
this listing include:
* Greville and Dorothy Bathe’s outstanding and rare
biography of Jacob Perkins
* The complete first series (1857–1859) of Norton’s Literary
Letter, including the first article published on U.S.
numismatic literature
* A fine copy of the Flandin catalogue (1855), the
earliest sale listed by Adams
* The first three volumes (1857–1859) of The Historical
Magazine, also a very early U.S. source of numismatic information
* The final set of page proofs for Breen’s half cent
encyclopedia
* A run of Mason’s Coin Collectors’ Herald, an
exceptionally rare periodical, including the entire
second volume.
David Fanning can be reached at Lake Books Prices Realized
"Of interest to Numismatic Bibliomania Society members was
lot I6. The lot contained a complete run of the Society's
print journal, 'The Asylum', with the first five volumes
being hardbound. The offering generated a spirited amount
of bidding with the final price being $900.00.
"Lake Books will hold their next sale in January, 2008 and
new subscribers are solicited to send their emails so that
they may receive notification of upcoming sales. Our next
sale will be held in January, 2008 after the Florida United
Numismatists show."
BOOK REVIEW: STEPHEN MIHM'S NATION OF COUNTERFEITERS
[Richard Doty of the National Numismatic Collection at the
Smithsonian Institution forwarded the following review of
a new book on the history of counterfeiting in the U.S.
-Editor]
'A Nation of Counterfeiters: Capitalists, Con Men, and the
Making of the United States', by Stephen Mihm (Cambridge:
Harvard University Press, 2007), $29.95.
The Smithsonian Institution has approximately fifteen
thousand “obsolete notes” – currency issued by private
banks and other entities between 1790 and 1865. I have
been working with this collection for more than two decades,
have written one book, part of another, and more than two
dozen articles about it. I love obsoletes. They are
historical, whimsical, very often beautiful – and sometimes
suspect. Approximately twenty percent of our notes are
bogus in one way or another: fakes of real notes from real
banks; pieces from nonexistent banks or bearing designs
never employed by legitimate banks; altered bills (whose
names and places of issue were erased, then replaced by
new ones); and raised notes (whose original denominations
were excised, then augmented).
One in five pieces of paper: if the proportion of fakes
in our collection is borne out by the evidence of other
private and public holdings, then the nature of the nineteenth-
century American economic miracle begs closer scrutiny. Did
people at the time realize how many fakes were in circulation?
Did they care? How could they tell good notes from bad?
What were the roles of the federal and state governments
in all of this? What were the boundaries between genuine
and fake? Were they hard and fast, as they are at present?
Or were they porous, at times even nonexistent? At bottom,
what did nineteenth-century Americans expect from their money?
Stephen Mihm’s 'A Nation of Counterfeiters' goes far towards
answering these and many other questions.
Anyone interested in obsolete notes quickly becomes aware
of the fakery and flimflam surrounding them – they’re part
of a collective legend and heritage. But Mihm explains
in detail how it all came about, in a fast-paced, well-written
narrative featuring a cast of characters ranging from dapper
and not-so-dapper crooks, forgers, bunko artists and
corruptible policeman to bemused bankers, starving and
not-so-starving artists – and the ordinary men and women
who put up with and sometimes profited by the monetary
chaos surrounding them. His tale embraces an entire continent,
from Connecticut to California, and his characters and their
wares march in lock step with a larger movement of people,
goods, and skills from one coast to the other.
As I said, I’ve worked with this material for many years.
But Mihm has delved far more deeply than I, in search of
different themes; he has emerged with some truly amazing
information. For example, there was a vibrant, enduring
counterfeit connection between New England and Upper and
Lower Canada: many of the early forgers straddled both
sides of a very porous border, posing a headache for
understaffed authorities on both sides of an ill-defined line.
Moreover, the ubiquitous counterfeit and forgery protectors
hawked everywhere at mid-century may have caused more harm
than good: they weren’t all that helpful – except to forgers,
who now knew what to emulate and what to avoid. Most
importantly, Mihm penetrates deeply into the nature of
“real” and fake money, how the two can sometimes be melded
together in the popular imagination, so that anything, as
long as it circulates, as long as someone, somewhere,
accepts it and passes it on, is just as useful and good
as anything else. Some of us had wondered whether this
might have been the case; Mihm has confirmed it.
His book concludes with the shift from private notes to
public paper – the new federal currency brought about by
the fiscal exigencies of the Civil War. The advent of
the new money altered perceptions of counterfeiting on
the part of individuals and their national government.
Before, paper currency was a commercial convenience;
now, it was something more, a symbol of the nation itself.
And while forgery was an unavoidable evil in the first
instance, it was an intolerable affront in the second.
This is the finest, most readable account of its kind you
are ever likely to see. I congratulate Stephen Mihm on an
extraordinary accomplishment, and I wholeheartedly recommend
his book to hobbyist and historian alike.
[I ordered a hardcover copy from Amazon for $19.77.
-Editor]
CATALOG REVIEW: 2007 FIDEM EXHIBITION CATALOG
Dick Johnson writes: "If you collect dates and mintmarks
you will think this catalog has nothing to do with
numismatics. Oh contraire! This exhibit is numismatics'
contribution to modern art. Or modern art's contribution
to numismatics.
"The catalog records the display of the latest creations
of numismatic objects -- medals and medallic art -- by
the brightest bas-relief artists from all over the world.
The display and the Congress this year of the international
organization of artists, mints and issuers was hosted by
the American Numismatic Association. It fell to their
responsibility to mount the exhibit in their Colorado
Springs headquarters and publish the exhibition catalog.
The organization has a French name, but to everyone involved
it is simply 'FIDEM' (for Federation International de la
Medaille).
"And an exceptional catalog it is! Well organized, liberally
illustrated (on almost every page), excellent typography,
color on both covers -- illustrating the official medal,
mentioned in last week's E-Sylum -- (and a special section
in the back). Not every medal exhibited is photographed,
but every artist has at least one photo of his work included.
"The logistics and production planning of this catalog must
have been horrendous. Credit here must be given to the
Publications Department of the ANA, which accomplished this
herculean task on top of all their other work! Editor
Barbara Gregory was in charge, with help from Marilyn
Reback, Jerri Raitz and others with only a name mention
on the Acknowledgments page. That's dedication!
"The medals were gathered in the respective countries in
the later months of 2006. They were juried by their own
peers and accepted entries sent to Colorado Springs. The
medals began arriving in February 2007. First task was
to photograph every one. This was accomplished by Brad
Armstrong, Colorado Springs photographer.
"Then began writing and editing and arranging the text.
Fortunately, all text was submitted in English. Since an
overview is given of every country's exhibit this had to
be translated into French as well -- a longtime custom
of FIDEM catalogs. Olivia Qusaibaty of Washington DC
translated the English into French.
"Countries are listed in English alphabetical order, 32
in all. Then within each country section, artists are
listed in alphabetical order, then from one to six medals
listed for each artist (up to ten in a special section
in the back, the parallel exhibit 'FIDEM at 70' past issues
of invited artists by FIDEM). Well organized. Easy to
find any artist or particular medal.
"The layout was handled by the ANA Creative Services Department,
and here they used as their model the catalog of the previous
American FIDEM catalog of 1987 -- also hosted by ANA at
Colorado Springs. That catalog was the work almost entirely
of N. Neil Harris, the editor of The Numismatist at the time.
The present catalog followed his format and style of that
1987 catalog.
"For numismatic book collectors it is almost impossible to
obtain a complete set of past FIDEM catalogs. Early exhibit
catalogs were not in separate issues, they were published
in a host country's numismatic periodical. The first two
FIDEM Congresses (1937, 1939) were held in Paris and did
not have exhibitions.
"The first exhibit was held at the 3rd Congress in Paris
in 1949. The 4th Congress was in Madrid in 1959. I have
only a one-page photocopy of its exhibit (with 4 artists
from America). The 16th Congress Exhibition Catalog (Prague
1975) was bound. All other issues have all been paper cover.
"Buy a copy of the present 2007 catalog and enjoy looking
at what modern medallic art is currently producing. It is
available from ANA Money Market for $37.95 (ANA member price).
Order online at www.money.org or by phone 800-467-5725,
email at enterprise@money.org"
NEW BOOK: STRIKING CHANGE BY MICHAEL MORAN
[A new book planned for a December 2007 release is available
for pre-ordering at the Whitman Publications web site.
Authored by Michael Moran, the title is "Striking Change:
The Great Artistic Collaboration of Theodore Roosevelt and
Augustus Saint-Gaudens". Below are excerpts from the
Whitman site. -Editor]
"Striking Change offers a fresh new look at the life of
Saint-Gaudens—the man and the artist—and the remarkable
partnership he forged with Theodore Roosevelt to reinvigorate
the country’s numismatic art. Author Michael Moran explores
Saint-Gaudens’s coin designs in the context of his monumental
sculptures and American culture of the time. Through first-
person accounts, behind-the-scenes conversations, and
explosive public drama, we come to know the larger-than-
life personalities involved in this renaissance of fine
art. Striking Change illuminates the politics, the genius,
the struggles, and ultimately the triumph of an
extraordinary American journey."
[The following notes were penned by Q. David Bowers.
-Editor]
"The text is particularly valuable in showcasing the
sculptor’s activities with important numismatic projects
beyond the famous 1907 coinage. While the story of the coins
has been told in depth in several places, including in
Renaissance of American Coinage 1906–1908 (Burdette, 2007)
and United States Gold Coins: An Illustrated History (Bowers,
1982), treatment of the important medals has ranged from
scarcely anything, to light sketches. Striking Change ends
that."
"Further, the author gives a comprehensive look at the
design competition for new United States coins in 1891.
This involved quite a bit of effort at the time, but
ultimately ended as a non-event, as outside artists consulted
in the competition did not seem to have created motifs that
anyone liked—and Chief Engraver Charles E. Barber of the
United States Mint ended up creating new motifs for the
dime, quarter, and half dollar."
"Although the historical and numismatic narrative and
details are the main focus of this book, it is entertaining
as well. The net result is a “good read,” in modern parlance—
a book that will inform as well as delight. It certainly
will be a welcome addition to the literature currently
available on Augustus Saint-Gaudens, without question
the most famous artist ever to be associated with American
coins and medals."
For more information about the book on Whitman's web site, see:
Whitman's Web Site
NEW BOOK: TREMMEL'S 'A GUIDE BOOK OF COUNTERFEIT CONFEDERATE CURRENCY'
[Another upcoming Whitman release is an update to the
classic reference on Confederate counterfeits. The
following is from material provided by publisher Dennis
Tucker. -Editor]
"Until now, George B. Tremmel’s groundbreaking Counterfeit
Currency of the Confederate States of America was the
definitive reference in this fascinating collectibles
field. In the new Guide Book of Counterfeit Confederate
Currency, Tremmel not only updates his note-by-note study,
but also expands his research into counterfeit bonds,
shinplasters, and Treasury note sheets. Along the way he
immerses the reader in an engaging history of the events
and people involved in the production and passing of
counterfeits during the Civil War, and the countermeasures
the Confederate Treasury Department took to protect its
paper money.
"The book will debut in early October at the Whitman Coin
and Collectibles Atlanta Expo, where Tremmel is scheduled
to give a presentation on the subject.
"Features of the Guide Book of Counterfeit Confederate Currency:
* Two new appendices: bogus (fantasy) signatures
and margin imprint locations
* Expanded historical narrative, with additional illustrations
* Three new chapters: shinplasters, bonds, and note sheets
* Revised rarity ratings based on empirical data
* Comprehensive catalog with detailed images
* Market valuations in multiple grade levels
* More than 350 full-color images
* Extensive endnotes and bibliography
* Complete index with 450+ entries "
NEW BOOK: '100 GREATEST AMERICAN MEDALS AND TOKENS'
[Yet another upcoming Whitman release is '100 Greatest
American Medals and Tokens' We've discussed the book
in prior E-Sylum issues and it will be great to see the
finished product. Below are excerpts from the publisher's
marketing materials. -Editor]
"100 Greatest American Medals and Tokens, by Katherine Jaeger
and Q. David Bowers, will debut at the Whitman Coin and
Collectibles Atlanta Expo, October 11–13. In this beautifully
illustrated book, the authors take the reader on a personal
guided tour of these historical artifacts of colonial America,
the early states, the Confederacy, the U.S. Mint, and private
issuers.
"“Each of the 100 Greatest was voted into place by leading
exonumia dealers, researchers, collectors, and historians,”
says Whitman publisher Dennis Tucker. Inside the reader
will find prized and seldom-seen rarities—the unique and
high-valued pieces that collectors dream about. The famous
Libertas Americana medal, featured on the front cover, is
significant for its influence on the United States’ first
coinage. The book also explores more readily available
and widely popular medals and tokens: pieces so beautiful
or with such fascinating stories that everybody wants one.
The “Am I Not a Man and a Brother?” token that implored
against slavery, the copper Civil War tokens that circulated
in place of regular coinage in the early 1860s, the Indian
Peace medals given to chiefs in the Old West, and dozens
more are pictured in striking full color.
"The book includes a foreword and appreciation by numismatic
legends Russ Rulau and David Alexander. An illustrated
introduction tells the history of medals and tokens in
America and how they evolved. Prices from the past and
present, recent auction results, and tips on collecting
each of the 100 Greatest give a view of today’s market.
The authors describe how to collect and enjoy medals and
tokens, aspects of the marketplace, grading, conservation,
and smart buying. And an information-rich appendix
describes the pieces voted 101–200, offering the reader
a springboard for further exploration.
"“100 Greatest American Medals and Tokens is not just a
price guide or a fancy picture book,” says Tucker. “It’s
a time machine that takes the reader to a hundred different
points in American history. And it’s a fascinating introduction
to the hobby of collecting these important pieces of
material culture.”
"The book is coffee-table-size, 148 pages, full color,
with photographs and stories for each piece. It also includes
market values, field populations, quantities struck, and
catalog references. Retail price is $29.95. A special
collector’s leather-bound Limited Edition is available
for $69.95.
"100 Greatest American Medals and Tokens will debut at the
Whitman Coin and Collectibles Atlanta Expo (October 11–13).
After that it will be available online and at hobby shops
and bookstores nationwide."
[The late Arlie Slabaugh was one of the token and medal
experts who nominated pieces for inclusion in the book.
I was delighted to be asked to be one of the voters who
helped winnow the nominee list down to the chosen 100.
It was a tough job, but quite enjoyable. I was familiar
with many of the pieces, but given the wide range of
possibilities I doubt if more than a few of the voters
came into the task fully aware of all the pieces. Time
and again I found myself faced with Sophie's Choice -
forced to rank two equally beloved pieces.
The final list and ordering of the list has been a carefully
kept secret, giving a "cue the drumroll" reality-show flavor
to the unveiling of the finished book. I'm looking forward
to it, and hope to hear reader comments once the book hits
the streets. -Editor]
CANADIAN NUMISMATIC BIBLIOGRAPHY PRINTED AND BOUND, SHIPPING SOON
Darryl Atchison provided the following update on the Canadian
Numismatic Bibliography. He writes: "The books have been
printed and bound and sent to Ron Greene who will start
shipping them out in the next couple of weeks. I can tell
you that I will breathe a huge sigh of relief when Ron
tells me that all of the books are shipped and this 12-year
odyssey is finally over!"
Ron Greene writes: "I received the books on Tuesday and
have ordered shipping boxes to suit, so I expect to start
numbering the books later this week and hope to start
shipping very shortly, in the order in which orders have
been received."
[Paid subscribers to the CNB project can reach Ron at
ragreene@telus.net to confirm the shipping address for
their copy of the book. Some additional copies are available
for sale. Ron adds: "With the increase in the Canadian
Dollar vis-à-vis the U.S. Dollar our price will be $225
plus $23 postage to U.S. addresses, payable in either
currency. Shipment to Canada will be $225 plus $16
postage." –Editor]
SO WHERE’S THE 1783 NOVA CONSTELLATIO PATTERN SET?
Last week my copies of parts 20 and 21 of the Stack's
John J. Ford collection catalogs arrived in the mail.
Part 20 (er, XX) consists of Western Territorial Americana,
and part 21 (XXI) consists of Western Assayer's Ingots.
The preface material to part XXI indicates that it is the
last of the series of sales. The long-anticipated dispersal
of the Ford ingot collection will certainly be a topic of
discussion for many E-Sylum readers, and I welcome any
and all comments. But I have a burning question of a
different sort this week:
Did I miss something when I was in London? What happened
to Ford's 1783 Nova Constellatio pattern set? Designed by
Benjamin Dudley for Gouveneur Morris to represent his
concept of a coinage system for the new nation, the silver
"Mark" (1,000 units), "Quint" (500 units), and "Bit" (100
units) and the copper "Five" (5 units) were patterns for
a decimal-based coinage system. I know Stack's tried to
find a buyer for the set several years back, but I didn't
think it sold. I sat mesmerized while I viewed his
historic set with Ford years ago in a meeting I wrote
about following his death:
Bumping into him at subsequent ANA conventions was always a thrill.
I recall sitting with him at the Stack's table at the Detroit ANA,
where I had been viewing his Nova Constellatio silver pattern
set, which he was offering for sale through them. I was transfixed
as I examined what I still feel is one of the most important sets
of U.S. coinage ever made. John had told me about how he
bid on the pieces he bought from the Garrett sales while we
spoke at Champa's. I have an audio tape of his story of how
he acquired the missing piece needed to reunite the set.
JOHN J. FORD, JR.
esylum_v08n28a01.html
Ford's reuniting of the long-lost unique copper "Five" with
the remainder of the set (which he purchased in the Bowers
and Ruddy Garrett Sale in 1979) was a singular achievement
in American numismatics. To me, this set was the crowning
glory of the John J. Ford collection, eclipsing even the
King of Siam proof set of 1804 dollar fame, which I doubt
Ford would have even cared to bid on.
So where IS the 1783 Nova Constellatio pattern set? Has
the Ford family decided to hold on to it? Will they donate
it to the Nation? Or has it been broken up and sold
privately? In any event, with the set missing there is
a HUGE gaping hole in the Ford collection catalog series,
and this diminishes the value of the catalogs as the
official record of the core Ford holdings.
Regardless of the reason for not offering the set, why
not spare a few extra pages to document it? There is
precedent in a number of catalogs for including descriptions
of relevant important pieces even when not actually in the
sale. In fact, this is done in Ford XXI, where five ingots
Stack's says were stolen during transit are fully pictured
and described even though unavailable for sale (see lots
3509, 3515, 3521, 3527 and 3552). Can anyone shed some
light on this mystery?
REMEMBRANCES OF JOSEPH NOBLE
Regarding last week's item about the late Joseph Veach Noble,
Dick Johnson writes: "Joe Noble came on board Medallic Art
Company as director of the Society of Medalists when I was
still employed by the firm. I had interviewed him previously
when he was a director of the New York City Museum. However
to him I was still hired help. But our respect for each
other grew when I left the firm, to become a medal dealer
while he remained in charge of the Society of Medalists.
"Gosh, here was someone I could talk to -- someone who
knew the language! -- and our paths crossed frequently.
He had been trained in art, long before becoming a curator
at the Metropolitan Art Museum, and was extremely proficient
in the art field. He knew the meaning of 'surmoulage,'
'contraposition,' 'superimpose,' 'replicate' and 'fecit,'
for example. We could communicate and know what the other
was talking about.
"It is the last term, 'fecit,' he once told me (at a reception
at ANS in the old building) that one artist would use this
term talking to another artist, but change it slightly for
its humorous effect. "Oh, I see you signed the model 'faked
it.'" But the artist had to be of equal reputation. I don't
see any sculptor saying this to a Paul Manship or a
Picasso, for example.
"For Don Scarinci's book on the Society of Medalists, I
arranged for Don and I to interview Joe. Three of us, Don,
my wife and I met at his home in New Jersey. We turned on
the tape recorder and pestered him with questions. That
interview is the property of Don and I hope he will relate
some of those comments. They reflected the humor, the
knowledge, the experience of this fine gentleman. He knew
the field and he knew the artists. We will miss him.
"On another occasion we were talking about plaster models.
He related that the Metropolitan Art Museum has one of the
largest collections of such plaster models and these are
stored in an old sealed-off subway tunnel beneath the
Metropolitan. He was in charge of those models. He told
me "I knew those plaster models so well you could turn
off the lights and I could walk among them and never
stub my toes."
MEDAL EXPERT JOSEPH VEACH NOBLE 1920-2007
esylum_v10n39a08.html
REMEMBRANCES OF ARLIE SLABAUGH
Regarding last week's item about the Arlie Slabaugh, John
and Nancy Wilson write: "It is hard to believe that we have
lost one of the greatest numismatists of all time with the
passing of our good friend Arlie Slabaugh, from Springfield,
PA on September 26, 2007. This renowned numismatist was
a collector, exhibitor, researcher, author, coin club
officer and worker. In 1941, Arlie joined the American
Numismatic Association and later that year he was stricken
with meningitis (in the pre-penicillin days) and subsequently
became permanently deaf.
"This illness never stopped Arlie from his numismatic pursuits.
In 1989, he received the Krause Publications Ambassador Award.
The ANA honored him with their Lifetime Achievement Award in
2004, the Medal of Merit in 1991, the Glenn Smedley Award in
1997 and the President’s Award in 1997. In 1981, he received
the coveted Numismatic Literary Guild Clemy Award. This
numismatic icon received many coin club, literary and other
awards during his lifetime which are way too numerous to mention.
"When Arlie was seven, he found an 1864 Indian head penny
near his parents' farmhouse and though it fascinated him,
he didn’t start collecting until the age of 16 (around 1938)
when he sent ten cents to a coin dealer for a banknote and
foreign coin. Arlie is well known for his numismatic writing.
He had his own collector magazine in the late 1930’s or
early 1940’s, “The Hobby Spotlite,” and in 1954 he was
appointed Associate Editor of Numismatic Scrapbook magazine.
"Following this, he went to work for the Franklin Mint in
1967. Arlie has also written for Numismatist (1948-49),
Paper Money (SPMC), Krause Publications (now F+W) for which
he had a column, and others. He is well known for his
Confederate States Paper Money book which is in its 10th
Edition. Besides those mentioned, he has written several
other references. Arlie told us that he has been writing
since the late 1930’s. Arlie was very proud of his
assistance to younger collectors which took place in
the 1970’s.
"We visited Arlie not too many years ago and were amazed
at his many collecting interests. Like us, he collected
everything in the numismatic hobby (except ancient coins)
and even had a complete set of the wonderful publication
“Hobbies Magazine.” Rest in peace Arlie, as your numismatic
legacy will live on forever. The below obituary was found
in a local newspaper where Arlie resided."
Arlie R. Slabaugh of Springfield, PA died on Wednesday,
Sept. 26, 2007.
He was the beloved husband of the late Margaret M. (nee
Williams) Slabaugh; and dear father of Brenda Keech (Bill),
Wendy Turner (Michael), and the late Kathryn Douros. He is
also survived by 10 grandchildren and six great-grandchildren.
Relatives and friends are invited to attend Arlie’s Life
Celebration on Saturday, Sept. 29, from 9 to 10 a.m. at James
F. Knoetgen Funeral Home, 746 Kedron Ave. (Route 420), Morton,
followed by his funeral service at 10 a.m. Interment will
be in Edgewood Memorial Park.
Joe Boling writes: "I was there the night that Arlie won
the NLG Clemy Award. Being deaf, he was not easy to
understand. He did not speak in public often (maybe not
at all), but he delivered an acceptance speech that night
that was moving in its courage."
Tom DeLorey writes: "I did not know Arlie well, but the
fact that I had written for The Numismatic Scrapbook Magazine
in the last year of its existence (1975 to March, 1976) put
me in good standing with him. We chatted at ANA conventions,
and though his deafness gave his speech an interesting,
lilting cadence, it was easy to understand, and he lip-read
beautifully. I liked him, and am sorry to hear that he
is gone.
"After I published my article on Elder medals in the June
and July 1980 issues of The Numismatist, he came up to me
at the American Numismatic Association banquet the next
month and congratulated me on the article, and with a
great big smile said "You know the 'Numismatic Knights
of the Round Table' piece in silver that Elder called
unique? I have it!" I solemnly shook his hand, and said
'Congratulations! So do I!' It was my first confirmation
that Elder frequently lied about his mintage figures."
Marc Charles Ricard writes: "I was saddened to hear of
the passing of Arlie Slabaugh, who I met through my father
in the early 1970's and saw many times at subsequent
numismatic conventions. He was the first hearing-impaired
person I had ever come in contact with, and because I didn't
have a real understanding of the numismatic subject matter
being discussed, I focused on the way he communicated.
I will always remember that throughout their conversations
over the years, and several pages of hand-written notes
on his indispensable note pad, they would always seem to
come away with a better understanding of the hobby, and
each other. I recall the twinkle in his eyes as he
discussed numismatics, and it was that joy of the hobby,
albeit gained peering over my father's shoulder at Arlie's
note pad, that I will always remember. His publications
are not the most expensive in my library, but they are
among my most valued."
Clifford Mishler writes: "While I do not recall just
when I first established contact with Arlie Slabaugh,
it would have been back around 1959 or 1960. Our initial
contact would have been via correspondence, and I probably
didn’t meet him until the 1962 ANA convention in Detroit.
From the beginning and going forward we were in regular,
though not necessarily frequent contact. Our last exchange
came during the Christmas season of 2005, at which time
he was resident at the Sunrise for Seniors facility in
West Chester, Pa.
Arlie was, indeed, deaf, but one could converse with him
on a limited basis, as he could read lips and enunciate
on a limited basis. In that connection I’ll never forget
the experience of going out to lunch with him in Chicago
back in the early 1960s, during an ANA or Central States
convention. I remember him trying to carry on a conversation
with me as we walked beneath the “L” tracks structure, on
Wabash Avenue as I recall, which was certainly an exercise
in futility. During the course of many convention encounters
over the years, I carried out many extended “note pad”
conversations with him.
Arlie also visited Iola on two or three occasions between
my arrival there in 1963 to join the Numismatic News staff
and his departure from Chicago in 1967 to join The Franklin
Mint. In later years, following his separation from the
Franklin Mint, as a result of my having acquired rights to
the “Numismatic Information” series booklets from Lee Hewitt,
I interacted with him in exploring ongoing publication of
titles from the series which he authored, in particular
the Confederate currency title which went through several
subsequent editions.
Also, through the years, I acquired from Arlie three or
four of the specialized exonumia collections that he had
assembled. In particular, there was his collection of
encased coin issues, which included a number of rather
exotic and rare pieces. These I have melded in with
selections also acquired from the collection of young
Mike Kolman when it was auctioned by Kurt Krueger, and
my own significant accumulations through the years.
And, by the way, I am also the owner of a set of “The
Emergency Money Collector,” mine missing issues number
one of both volume one and two, which I believe a acquired
from one of Frank Katen’s offering lists back in the mid-
1950s. That was back in the dark ages, so to speak, when
one really had to scratch around for reliable numismatic
information. At the time, I was endeavoring to build a
numismatic library of sorts, with most of what I acquired
eventually being absorbed into the Krause Publiations
library, which I did not seek to retrieve upon my retirement.
Arlie’s publication, however, was not among the items that
were so dispatched; I also have four editions of “The Hobby
Spotlight,” from January 1942 to Winter 1942-43 kicking
around as well.
Arlie certainly was an outstanding numismatist, both as a
collector and as a writer. He was both selective and
perceptive in his collecting. His technical accuracy as
a writer was outstanding from the standpoints of both
historical accuracy and presentation. During his time
with the Franklin Mint he was responsible for developing
the accuracy of the historical contexts of both programs
and issues. By and large, his travels through our hobby
community circle were beneath the radar. He plowed a
good bit of virgin ground in his pursuits."
Katie Jaeger writes: "Arlie Slabaugh was one of the nominators
for the '100 Greatest American Medals and Tokens' project.
He had been an active contributor to the Token and Medal
Society Journal from 1960 onward. I'm in the process of
creating a searchable cumulative index of the TAMS journal,
and I found the following articles listed under his name."
Amendment to Our By-Laws 14-230
American Labor on Tokens and Medals 7-133
Additional American Labor Tokens and Medals 9-116
Announcement 20-166
Another AB.T. Bill Changer Token 7-182
Antiquary, The 20-226
Baby Ruth has a Twin V-64
(biographical sketch) 14-114; 18-126
"Bone" to Pick, A 7-90
Child's Bimetallic Tokens 9-159
Civilian Conservation Corps, The 7-106
Classification of Medals and Tokens, The V-9
Coal Mine Scrip 6-25
Collecting Coal Mine Scrip 6-71
Collecting Trade Tokens by Denomination, 1/10¢-$100.00 8-36
Countdown, The 11-120
Cut-Out Tokens 7-169; 8-2, 192
Denomination Tokens 10-62
"Embossed or Shell Store Cards" 15-105
Encased Coins 7-45
First Impressions of Europe 16-92
France-An Empire that Was 6-78
Frank Buck 6-121
George T. Morgan was an Englishman 10-21
Help Needed on Encased Coins 18-150
Here's Bryan! 6-46
Holyland Souvenir, A 8-115
Indianapolis 500-Mile Race, The IV-40
It's Greek to Me!! 7-44
Ku Klux Klan Tokens and Medals IV-11, 99
Largest Embossed Cards? V-156
Largest Token? 8-143
Lawyers do not Advertise V-32
Marines "George Medal," The 8-59
Peep Show Token, A IV-150
Phone Your Wife You'll be Late from Work 8-29
(photo) 8-145; 14-186; 20-181
President Cleveland Takes a Bride 7-69
President's Message, The 18-189, 234; 19-7, 108,
156, 191, 236; 20-8, 60, 97, 145
Rambler-The Bicycle that Became a Car II-118
So-Called Dollars Update 18-188
Some "Civil War Tokens" that are not Civil War Tokens 6-105
Some Unlisted Shellcards 45-136
Stevens-Duryea Car, The IV-87
United States Token with a Chinese Reverse, An IV-31
Unlocking Prison Exonumia 22-84
When Kaiser Bill Made a Bad Trade V-189
Which is the Oldest Private Mint? 20-104, 188
Who's My Double? 7-154
The citations are to Volume and page number. At the
beginning of the index is shown the pagination in each
volume, like this:
Volume 9, 1969
1-32 February
33-64 April
65-92 June. "
[So those seeking more background on Arlie Slabaugh should
be sure to look for the biographical sketches of him in
the TAMS Journal: Vol 14, page 114 and vol 16 p126.
Many thanks for our readers for their interesting comments
on Slabaugh. -Editor]
TAMS JOURNAL INDEX UPDATE
I asked Katie Jaeger for more information on her effort to
update the index of the journal of the Token and Medal Society.
She writes: "It has bugged me endlessly, during research, that
I can't search the TAMS index with a computer. Realizing no
one else was likely to create a searchable text, I volunteered.
I've scanned and proofread Edgar Heyl's 20-year index covering 1
960-1980, and I'm now in the process of pasting in entries
from the remaining 25 annual indices.
"When I'm done, the current editor can easily add the
previous year's index to the master in an hour or two, to
keep it current. This is time consuming and tedious, but
I'm getting a lot out of it as I go along - learning more
about the vast scope of exonumia, and the changing interests
of collectors over the years, just from the titles."
[Many thanks to Katie for taking on this important and
thankless chore. Periodical sets are nearly useless to
researchers without a good, updated index. -Editor]
VOCABULARY WORD: SURMOULAGE
I’m sure there are plenty of E-Sylum readers far smarter
than I about medal terminology, but when I read the word
“surmoulage” in Dick Johnson’s item on Joseph Veach Noble,
I just had to ask him what the word meant. He writes:
“From my encyclopedia:
Surmoulage. A second generation cast from an original
pattern or cast original; a duplicate of a cast. In
numismatics a more preferred term is after-cast, especially
for the cast medals of the Renaissance. The term surmoulage
is used, somewhat, as an evasion of the fact a cast item
is an after-cast by persons who wish to deceive others who
may be unfamiliar with the term.
"O46 {1987} Pollard; 'Surface Characteristics of Renaissance
Medals and Their Interpretation' by Arthur Beale, pp 27-33."
PUBLICATIONS FOR MEDAL COLLECTORS AND DEALERS
Sam Pennington, Publisher of the Maine Antique Digest writes:
"One of the most frequent requests I get as a columnist on
medals is where to buy and sell them - that is, who are the
dealers? Coin dealers are easy to find --they have Coin World
and other magazines to advertise in and we can then find them.
Not so medals dealers, who have no publication.
"So I'm asking any of your readers who deal in medals
to give me their names, specialties and whether they wish
to respond to inquiries. E-mail samp@maineantiquedigest.com
or snail mail me at Sam Pennington, c/o Maine Antique Digest,
PO Box 1429, Waldoboro, ME 04572. Thanks"
[Well, while there is no popular newsstand magazine or
newspaper in the U.S. devoted exclusively to medals, there
are at least two specialty organizations to refer people to -
the Token and Medal Society (TAMS) and the Medal Collectors
of America (MCA). The TAMS Journal does run display and
classified advertising from medal dealers, and there are
also some who advertise in the MCA Advisory. The web
addresses for the organizations appear below. -Editor]
The Token and Medal Society, Inc. (TAMS)
TAMS
Medal Collectors of America (MCA)
MCA
OPERATION BERNHARD FILM RELEASE: THE COUNTERFEITERS
[Earlier this year we reviewed "Krueger's Men: The Secret
Nazi Counterfeit Plot and the Prisoners of Block 19" and
noted plans for an upcoming film focusing on Adolf Burger,
one of the WWII concentration camp inmates forced by the
Nazis to counterfeit British banknotes in Operation Bernhard.
Newspapers in Britain are reporting on the film's opening.
Below are excerpts from one of the articles. -Editor]
"Adolf Burger is a fighter. He spent his youth battling
against the Nazis, and even now, at 90, he is still engaged
in active struggle against the poisonous ideology that
killed his wife, parents and millions of European Jews.
"Burger has flown into Britain to promote The Counterfeiters,
a gripping and moving Oscar contender by the Austrian director
Stefan Ruzowitzky. The film is partly based on Burger’s
wartime memoir The Devil’s Workshop, which details the
biggest currency forgery scheme in history. It’s a story
so incredible that it can only be true.
"The Slovakian-born Burger was a communist and anti-Nazi
activist, forging identity papers and baptism certificates
to save the lives of fellow Jews. He and his 21-year-old
wife Gisela were deported to Auschwitz in August 1942. She
was murdered soon afterwards.
"Burger was spared a similar fate only when Major Bernhard
Krüger, a textile engineer, plucked him from Auschwitz to
work on a top-secret Nazi project. He was moved to a specially
isolated barracks in Sachsenhausen concentration camp near
Berlin as part of Operation Bernhard, an audacious scheme
to counterfeit millions of pounds to undermine the British
economy. The 142 special inmates were isolated from regular
prisoners in superior conditions, but death was ever present.
They printed around £134 million, equivalent to over £3
billion today.
"According to Lawrence Malkin, in his book Krüger’s Men,
the counterfeiting operation was initially opposed by
several high-ranking Nazis. Even Goebbels called it
“grotesque”. But the scheme was eventually approved and,
after a few false starts, began in earnest in 1942.
"What happened after The Counterfeiters ends almost
deserves a film of its own. Retreating German forces
dumped most of the fake currency in Lake Toplitz in
Austria. Several sodden, mouldering crates have since
been recovered. Meanwhile, with so many forgeries
already in circulation, the Bank of England was forced
to withdraw all notes larger than £5 and redesign
the banknotes.
"Burger returned to Czechoslovakia, settled in Prague
and worked as a printer. After experiencing so much
tragedy so young, he appears to have lived a happy life.
“When I was liberated by the Americans I went home very
calmly, never had a bad dream,” he says. “For years I
was silent, I didn’t want to speak about this any more.
It was only when the neo-Nazis started with their lies
about Auschwitz that I began to travel through Germany
and give my speeches, to tell people what happened.”"
To read the complete article, see:
Full Story
DEAD MEN ON VACATION: BOOK AND MOVIE HIGHLIGHT NAZI WWII COUNTERFEITING
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ATOMS FOR BITS EXCHANGE PROPOSED
Regarding Dan Gosling's 'Book Burning' editorial reprinted
here last week, Ron Abler writes: "Mr. Gosling is right on
the mark, and I couldn't agree more with all of his points.
However, I have reached an impasse in the form of limited
storage space versus my happy marriage. My spouse
irrationally thinks that cardboard boxes filled with
reference books, auction catalogs, loose-leaf binders
filled with Xerox copies, and a myriad of other printed
materials somehow detract from the décor and utility of
our home. She believes that more than just the bathrooms
should be free of the archival evidence of my acquisitive
and conservative nature.
"I am sure that Mr. Gosling would agree that losing a
spouse is also bad. Would you please send me his shipping
address so that I may designate him as my off-site storage
custodian, knowing that my treasures and their responsibility
will be in the best of hands? In return, if he will scan
everything and send me the CDs, I will gladly serve as his
off-site electronic repository. I have lost only one
electronic file since 1995."
THE ELECTRONIC EQUIVALENT OF BOOK BURNING
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ANA CANCELS PLANS TO DEVELOP WASHINGTON, D.C. NUMISMATIC MUSEUM
According to a press release published on Friday, "The American
Numismatic Association has halted plans for a previously proposed
museum in Washington, D.C.
"'At this point in time we can't make the financial commitment
to raise over $20 million that would be needed for the Washington
project. When the association's finances allow us to do so,
we may revisit this proposal in the future,' explained Barry
Stuppler, ANA President.
"At its upcoming October 15 and 16 meetings the ANA Board
will consider whether to proceed with earlier announced
plans for expanding the museum facilities at its Colorado
Springs, Colorado headquarters and whether to continue
the association's participation in development of the
American Money and Gold Rush Museum at the old mint
building in San Francisco."
1804 U.S. TEN DOLLAR GOLD SELLS FOR $56 MILLION
[An Associated Press article discusses the recent sale
of a rare 1804-dated Eagle - some excerpts are reprinted
below. Is this the King Farouk collection specimen?
-Editor]
"A rare $10 gold coin made for President Andrew Jackson
to give as a diplomatic gift during trade missions to
Asia was purchased Thursday by a private collector for
$5 million.
"The 1804-dated Eagle coin — which was actually struck
in 1834 at the Philadelphia Mint — is one of only four
surviving examples of the special coin.
"'The buyer and seller want to remain anonymous. Both
are northeastern United States entrepreneurs who have
been collecting coins since they were young boys,' said
David Albanese, president of Albanese Rare Coins, which
handled the sale.
"The same coin sold for $1 million in 2003 and again in
2005 for $2.47 million, said Dean Albanese, the company's
chief executive officer.
"'It is one of the rare U.S. coins out there. They are
neat pieces in that in one sense they are not really a
coin made in 1804, even though it is dated 1804 ... it
is sort of a created coin,' said Douglas Mudd, curator
of the American Numismatic Association Museum in
Colorado Springs, Colo.
"The $5 million purchase price was the highest price
ever paid for an 1804-dated $10 gold piece and shares
the record for the world's second most valuable rare
coin with a 1913 nickel that sold this year, Dean
Albanese said. The world's most valuable coin is a
1933 Saint-Gaudens gold Double Eagle that was purchased
at auction in 2002 by an anonymous buyer for $7.59 million.
"The coin sold Thursday was lost until the 1960s,
he said, adding that it had three previous private
owners that he knows about. Its history before
that is 'sketchy.'"
To read the complete article, see: Full Story
GRANVYL HULSE'S FUN FARTHING FIND
Last week Bob Lyall wrote: "I recall youngsters collected
British pennies out of circulation by date until we went
decimal. That was one way youngsters started to collect
coins; sadly, there is no interest in collecting like
that now as the oldest coin in circulation will be 1970's
whereas pre-decimalisation we could find Victorian coins
still circulating."
This week, Granvyl Hulse writes: "Bob's last comment
struck a memory cord. I started collecting when I was
in England back in the early '60's. Following an American
custom I would go to a local bank each Friday, pick up
a Five Pound bag of pennies, and on Saturday afternoon
while watching the races on TV I would go through the
bag looking for the odd coin I needed for my collection.
The coins were in five shilling paper sacks. I had extra
pennies so if I took one from a sack I put in one to
replace it. When I was finished I marked the bag with
a piece of chalk and then took it back to the bank the
next Friday and asked for another.
"I had been doing this for a number of months when the
teller asked me if I was interested in half-pennies as
they had sacks of them in the basement that had not seen
the light of day in years. I said that I was, took a Five
Pound sack home with me, and on Saturday afternoon I found
that I had died and gone to heaven. The half-penny bags
were loaded with farthings, many of them pre-Victorian
that dated back into the early 1800's. This got me hooked
on farthings which today are my only collecting interest."
WHAT IS A COIN COLLECTING BOARD?
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GLASGOW MASTER COUNTERFEITER 'HOLOGRAM TAM' ARRESTED
According to a report in The Times of London, "Magic fingers
and an unerring eye gave “Hologram Tam”, one of the best
forgers in Europe, the skills to produce counterfeit
banknotes so authentic that when he was arrested nearly
£700,000 worth were in circulation.
"Thomas McAnea, 58, who was jailed for six years and four
months yesterday, was the kingpin of a professional operation
based in Glasgow that, according to police, had the capacity
to produce £2 million worth of fake notes a day – enough
potentially tom destabilise the British economy. More may
remain out there undetected.
"When detectives from the Scottish Crime and Drug Enforcement
Agency raided his tiny print shop last January, £500,000 in
Bank of Scotland £20 notes were being printed. The gang
also had in their possession €500,000 (£350,000) in forged
notes.
"As a result of the raid, another £672,880 worth of
counterfeit notes were recovered from the banking system.
“Some of Hologram Tam’s money is still out there. It’s
that good that if I gave you one of his notes, you wouldn’t
know it,” a police source said.
"Operation Fender began in October 2005 after a tip-off
from the Metropolitan Police that an unusually large
number of fake Bank of Scotland £20 notes were in circulation
in London. The force had also recovered a suitcase that
contained almost £3 million worth of fake euros, awaiting
watermarks and holograms. It was established that these
notes were destined for McAnea.
"Graeme Pearson, the head of the Scottish Crime and Drug
Enforcement Agency, said that McAnea, a former print union
official, “had the touch of the geek about him” and said
that he was content with the sentences. He said “People
think it’s a bit of a wheeze, a B movie, producing banknotes
in your kitchen, but in actual fact what we have is
something that enables criminal gangs to profit.”"
To read the complete article, see:
Full Story
TRAVELEX CREATES MONEY FOR USE IN SPACE: QUIDS
Dick Hansom forwarded this BBC article and press release
about a new form of money being promoted for use in space.
"It is called the Quasi Universal Intergalactic Denomination,
or Quid.
"It is designed to withstand the stresses of space travel
and has no sharp edges or chemicals that could hurt space
tourists.
"It was designed for the foreign exchange company Travelex
by scientists from the National Space Centre and the
University of Leicester.
"'None of the existing payment systems we use on earth -
like cash, credit or debit cards - could be used in space,'
said Professor George Fraser from the University of Leicester.
"'Anything with sharp edges, like coins, would be a risk
to astronauts while the chips and magnetic strips used in
our cards on Earth would be damaged beyond repair by cosmic
radiation,' he added.
"Different value 'coins' come in different sizes and
colours
"Using any sort of technology that involved sending
and receiving information from Earth would also be
impractical because of the distances involved.
"Quids are made of the polymer best-known for its use
in non-stick pans.
"The Quid 'coins' have moulded edges so that they will
not damage anything if they accidentally float free in
zero gravity.
"National Space Centre scientists predict that regular
trips into space will be commonplace in the next five
years and that tourist facilities on the Moon are a
distinct possibility by 2050."
To read the complete article, see: Full Story
To read the complete press release, see: Full Story
CARSON CITY MINT PRESS #1 STRIKES NEW MEDALS
A newspaper article this week covered the striking of new
medals by the old #1 press from the Carson City Mint:
"In a special ceremony on Monday, Oct. 1 at the Nevada
State Museum, a commemorative silver coin was produced on
historic Coin Press No. 1, symbolizing the 100th anniversary
of one of the state’s most enduring institutions -- the
founding in 1908 at the University of Nevada of the Mackay
School of Mines.
"For Jim Taranik, the executive director of the Mackay
School of Earth Sciences and Engineering, the silver coin
brought back a flood of memories.
"“To kick off our 100th anniversary celebration in this way
is very special,” said Taranik, who has been associated
with Mackay in one form or another for the better part of
three decades. “Using the Carson City mint and the original
Carson City press here in the Nevada State Museum to produce
this coin really underscores a number of great partnerships
our school has had over the years.”
"Then Taranik smiled. The allure of a shiny new coin,
made possible from a generous contribution from Coeur
d’Alene Mines Corporation, filled his mind with recollections
of his youth.
"About 2,500 Mackay centennial coins, produced on Coin Press
No. 1, which was delivered to Carson City in 1869 as part
of the original Carson City mint, will be made available
for purchase. The numbered coins are part of a year-long
celebration and series events this spring to commemorate
the 1908 founding of Mackay."
To read the complete article, see: Full Story
CANADIAN NEWSPAPERS TOUT CENT DEMISE
Dick Johnson writes: "It is happening all over Canada.
Newspapers are carrying articles stating the inevitability
of the abolishment of their lowest denomination coin,
the cent.
"It is insidious, pervasive. I have seen dozens of such
articles. Below is a link to one of the best from the
Saskatoon Star Phoenix. It cites the cashiering of the
cent by the Australians in 1992 and the New Zealanders
earlier in 1990.
"It even offers up a political reason: 'After all, we
know Prime Minister Stephen Harper is a soul mate of A
ustralian Prime Minister John Howard. They see eye to
eye on world terrorism, they take a similar approach
to climate change, and certainly Harper has borrowed
from Howard on how to run an election campaign.'
"'Can Canada,' questions the newspaper, 'be far behind?'
"Maybe Americans should ask 'Are we next?'.
Here's the full story from Canada: Full Story
HOW MUCH FOR A PICTURE OF A CANADIAN CENT?
Dick Johnson writes: "You won't believe this story. The
Royal Canadian Mint has demanded '$47,680 for using a picture
of the “tails” side of a Canadian penny in its brochures,
banners and advertisements for the [a] campaign, aimed at
persuading Ottawa to set aside one cent of every six collected
under the goods and services tax (GST) for municipalities.
The mint is also seeking compensation for the city’s use of
the phrase “one cent” in the campaign.'
"Ever since photography was invented the illustrations of
coins have been in public domain. Likewise the phrase
'one cent' cannot be copyrighted. It belongs to the people.
"This is the most unwise move by a mint anywhere in the
world. Numismatic literature is affected. Keep an eye and
ear out for how this turns out. As devotees of numismatic
literature with coin illustrations we could be affected."
To read the complete article, see: Full Story
[Here are a couple excerpts from the article Dick
forwarded. -Editor]
"Mr. Wanagas said the mint has been in contact with city
officials since the campaign began last February but he
rejected suggestions that the city is negotiating with
the federal agency over use of the penny or the phrase
“one cent.” He said the city has every right to use
pictures of the most common of Canadian coins.
"“The penny is public domain,” Mr. Wanagas said. “This
is a coin that many people, if they see one on the ground,
they won’t even bend over to pick it up. So let’s be real here.”
"Alex Reeves, a spokesman for the mint, said the federal
agency has no political motives for the dispute with the
city but is intent on protecting its coins. “They are
registered trademarks of the Royal Canadian Mint,” he
said in an interview from Ottawa.
"He said the mint calculates the price of using its coins
or other associated images, words or phrases based on the
type of use and how widely it is distributed. Mr. Reeves
would not confirm the amount of money that the mint is seeking."
STECKBECK MECHANICAL BANK COLLECTION TO BE AUCTIONED
"The guest of honor at last week’s Mechanical Bank
Collectors of America convention wasn’t a person; it
was a collection of 489 incredibly rare antique mechanical
banks – the Stephen and Marilyn Steckbeck collection.
Clubmembers had the opportunity to view the collection
in the Steckbeck home one last time before all of the
banks were packed up and swiftly transported to the
Geppi-owned Morphy Auctions gallery in Denver (Adamstown),
Pa. There they will remain on display for public preview
until Oct. 27, the auction date circled on every bank
collector’s calendar.
"Acknowledged by experts as one of the all-time greats,
the Steckbeck collection was built over a 53-year period,
and was seeded with rarities from earlier collections of
now-historic stature, e.g., those of corporate CEO Edwin
H. Mosler Jr., automobile titan Walter P. Chrysler and
pioneer collector F.H. Griffith. There are buying opportunities
to please every pocketbook, but because there are so many
unique or extremely rare examples included in the collection,
some observers are speculating the sale could end up grossing
between $5 million and $8 million. In that becomes the case,
the Steckbeck sale will make its mark in history as not only
the highest-grossing bank auction ever, but also the highest-
grossing toy auction of all time.
"While most of the Steckbeck banks are of cast iron, many
others are of lithographed tin, white metal, aluminum,
wood and other materials. Some are exceedingly rare, like
the Presto Coin Disappears (one of three known), the Darky
and Watermelon (one of four known), Darky Fisherman (one
of two known), an extraordinary near-mint Jerome Secor
Freedman’s Bank, and one of the few all-original examples
of the Kyser & Rex Merry-Go-Round. The Steckbecks’ North
Pole bank, ex Hegarty collection, is one of the finest
known; and their Kenton Hardware Mama Katzenjammer, which
came straight from the manufacturer’s showroom, is in
superior, near-mint-plus condition. Among the collection’s
acknowledged “unique” examples are a nickel-plated Chrysler
Pig, originally owned by Walter P. Chrysler; a Safe Deposit
Tin Elephant, and a stock-market-theme Bull and Bear."
To read the complete article, see: Full Story
'IN GOD WE TRUST' RUMORS SPREAD ABOUT LINCOLN CENT REDESIGN
Rumor-smashing web site Spones.com has a nice piece this
week debunking the rumors that the new proposed Lincoln Cent
designs are part of a plot to remove the motto "In God We
Trust" from U.S. coinage:
"September 2007 the U.S. Mint announced that in 2009, to
commemorate the 100th anniversary of the birth of President
Abraham Lincoln and the 100th anniversary of the
introduction of the Lincoln Cent, it would update the
venerable U.S. penny by introducing four rotating designs
depicting different aspects of Lincoln's life. Some of
the designs under consideration by the Citizens Coinage
Advisory Committee include a log cabin (to represent
Lincoln's birth), and, as shown above, Lincoln reading
a book (to represent the future president's early life),
and Lincoln on the floor of the Illinois Legislature (to
represent his early adulthood).
"Predictably (given similar recent and inaccurate rumors
about the new presidential coins), rumors have already begun
to swirl that the upcoming redesign of the Lincoln Cent is
yet more evidence of an insidious atheist plot to remove
the motto "In God We Trust" from U.S. coinage. Two simple
facts shoot down such rumors, however:
* The prospective designs recently exhibited to the public
are simply a few concepts that the CCAC has so far decided
to recommend. That panel is but one of three advisory
groups (along with the Commission of Fine Arts and the
Abraham Lincoln Bicentennial Commission) offering suggestions
on the Lincoln Cent redesign to the Mint. The final choice
of design(s) ultimately rests with the Secretary of the
Treasury, who is free to accept or reject any of the
groups' recommendations.
* All of the designs under consideration are intended to
appear on the reverse of the coin, replacing the current
engraving of the Lincoln Memorial. The obverse of the coin,
which features the famous profile of Lincoln underneath
the words "In God We Trust," is slated to remain intact."
To read the complete article, see: Full Story
THE DOLLAR AND THE CENT
James Higby writes: "When I read the story submitted by
Dave Bowers, I was again reminded of this gem, which I
remember originally appeared in a coin publication ca.
1960. I remember reading it over the phone to a coin
collecting friend at the time. When I took a long shot
and tried to find it again on the internet, to my
amazement, there it was."
A big silver dollar and a little brown cent
Rolling along together went
Rolling along on the smooth sidewalk,
When the dollar remarked (for dollars can talk!)
"You poor little cent, you cheap little mite,
I'm bigger and more than twice as bright.
I'm worth more than you, a hundred fold,
And written on me in letters bold
Is the motto drawn from a pious creed,
'In God We Trust', which all may read."
"Yes, I know," said the cent,
"I'm a cheap little mite,
And I know I'm not big, nor good, nor bright,
And yet", said the cent, with a little sigh,
"You don't go to church as often as I!"
FEATURED WEB PAGE: FARTHING COINS
This week's featured web page is Farthing Coins from
the Pictures of Coins of the UK pages by Tony Clayton.
Farthing Coins
Wayne Homren
Numismatic Bibliomania Society
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