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Welcome to The E-Sylum: Volume 10, Number 46, November 11, 2007: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2007, The Numismatic Bibliomania Society. WAYNE'S WORDS: THE E-SYLUM NOVEMBER 11, 2007 We have no new subscribers this week - we currently have 1,075 subscribers. Today's issue is being published early. This afternoon we have a family outing and tonight I'm taking my wife to the Bruce Springsteen concert at the Verizon Center in Washington, D.C. I lucked into a pair of free tickets at the office Friday. I plan to annoy everyone around us by calling out the names of John Mellencamp songs. But first, numismatics. This week we open with information on two numismatic literature sales (one past, one future), and the offering of a remarkable book on medals by Christie’s in Paris. Next I review a new book on Roman quinarii, and publish announcements of new books on coins of the Seleucid Empire and Lincoln Cents. Queries this week involve German medallist Friedrich Wilhelm Kullrich and Reverend Thomas Rackett, and in follow-ups from last week's issue, Alan Weinberg discusses a connection between Philadelphia dealers Izzy Switt and Harry Forman. Have a great week, everyone. Wayne Homren Numismatic Bibliomania Society LAKE BOOKS 91ST NUMISMATIC LITERATURE SALE Fred Lake writes: "Lake Books announces that its 91st mail-bid sale of numismatic literature is now available for viewing on its web site at: lakebooks.com/current.html Selections from the library of Stan Henneman are contained in the 390-lot catalogue including reference material from around the world. Featured are auction sales produced by McCawley &Grellman, Pine Tree, Stack's and Superior. "Books by Dave Bowers, Walter Breen, Tony Carlotto, Roger Cohen, Hibler &Kappen, David Lange, Bill Noyes and Paul Taglione are included in the extensive selection of United States coinage references. "Special Edition 'Redbooks' and guidebooks of world coinage are offered and of special note is the original framed color photograph of John J. Ford, Jr. proudly displaying the first 'slabbed' auction catalog at an NBS meeting. This was produced by Martin Gengerke in order to make sure that Ford's copy of the Stack's Herman Halpern sale would be in pristine condition. Ford inscribed the photo to: 'Fred Lake-a man who recognizes a pioneer effort when he sees one.' Beth Deisher's editorial regarding this event accompanies the photo. "The sale has a closing date of December 11, 2007 and bids may be placed via US Mail, email, fax, or telephone until that date." [I understand that Mrs. Ford said that it was the best she had ever seen of her husband. Fred told the complete story behind this photo in a June 8, 2003 E-Sylum article. The complete text is reprinted below. Enjoy! -Editor] Fred Lake writes: "Reading about the upcoming auction(s) of John J. Ford's library by Stack's/George Kolbe and the description of John's insistence on acquiring material in the best condition possible reminded me of his appearance at the NBS General Meeting held in July, 1993. There, John held up a catalog of the Stack's, March 17, 1993 sale of the Herman Halpern Collection of United States Paper Money. This sale catalog had been mailed to him several times by Stack's and each time the catalog was damaged in some manner by the Post Office. John contacted Martin Gengerke at Stack's and insisted on receiving a pristine copy. Martin arranged to have the catalog sandwiched between two pieces of Lucite and taped at the edges very neatly with duct tape. Thus was born the first "slabbed" catalog. I was fortunate enough to catch the famous moment with my trusty Minolta and so preserved the record of a catalog that could not be read, but would forever be in Mint 70 condition. I believe the photo was published in "The Asylum" that year. As a postscript, I had the photo enlarged to 8 x 10 and enclosed in a suitable wood frame with glass covering the picture. Before packaging the frame for delivery to John, I took the wrapping paper to my driveway and ran over it several times with my truck, leaving some very distinct tire marks. Needless to say, John was amazed that a package could be run over by a truck and yet the contents were undamaged." THE FIRST SLABBED NUMISMATIC CATALOGUE esylum_v06n23a06.html KOLBE NUMISMATIC LITERATURE SALE 104 RESULTS [George Kolbe forwarded the following press release on the results of his firm's 104th numismatic literature sale. Bibliophiles can breathe a sigh of relief that the recent California wildfires spared this inventory of rare works, which will now be dispersed to collectors worldwide. -Editor] Classic American coin auction sale catalogues were in great demand in George Frederick Kolbe's 104th auction of important numismatic literature, closing on November 1, 2007. The sale featured the library of John Jay Pittman, Jr., and nearly fifty other consignors. The highest price achieved in the sale was $27,600, for a handsomely bound, very fine set of the American Journal of Numismatics, estimated at $20,000 [selling prices cited include the 15% buyer premium; estimates do not]. One of the biggest surprises in the sale was a nearly complete set of 153 Chapman brother auction sales, formed mostly catalogue-by-catalogue over the past 25 years by a dedicated numismatist. Estimated at a seemingly realistic $8,500, five bidders competed for it strongly and it ended up realizing $21,850, well over double estimate. Classic plated auction catalogues set records, often selling for double estimate or more. This reflects the entrance into the market of a new generation of numismatic bibliophiles, along with a renewed realization that the surviving numbers of many nineteenth and early twentieth century catalogues issued with photographic plates, especially those of the Chapman brothers, are quite small. A selection of sale results follows: a complete set of the Numismatic Chronicle, 1836-1996, sold for $17,250; Fulvio's 1517 Illustrium Imagines, the first illustrated numismatic book, brought $8,050 on a $4,500 estimate; a complete set of Sotheby's classic 1903-1904 Murdoch sales realized $3,162; John Jay Pittman's very fine first edition Red Book brought $2,587 on a $2,000 estimate; Howland Wood's set of volumes 3-6 of The Numismatist, estimated at $4,500, sold for $6,325; Elder's 1921 Gehring sale with photographic plates realized $5,750 on a $5,000 estimate; George Fuld's plated 1890 Parmelee sale caught the attention of many bibliophiles, five of them bidding over the $1,750 estimate, eventually bringing $3,795; Frank Van Zandt's unparalleled collection of 158 copies of Evans' Illustrated History of the United States Mint, 1885-1901, sold for $6,900; and a complete set of B. Max Mehl catalogues, formed by the same collector who assembled the 153 Chapman sale catalogues, brought an impressive $8,050. Kolbe's next sale is scheduled for March 2008 and will feature a remarkable, virtually complete library of books and catalogues on classical Greek coins, including all volumes published thus far of the international Sylloge Nummorum Graecorum. Other consignments are still being accepted. Kolbe may be contacted at P. O. Box 3100, Crestline CA 92325, telephone: (909) 338-6527, email: GFK@numislit.com. [If I'm reading the prices realized list correctly, I had some successful bids in this sale. I'll write up some of my purchases in The E-Sylum. -Editor] CHRISTIE'S SALE OF KING LOUIS XV’S COPY OF FAMED MEDAL BOOK Hadrien Rambach writes: "I thought your readers may be interested to know of a book for sale at Christie’s in Paris on 20 November 2007 (lot 255), as this is indeed a rather exceptional numismatic publication. I have been lucky to handle this copy myself in the past. I described and commented on it last year for the Royal Numismatic Society in London. " 'Médailles sur les principaux évènements du règne entier de Louis le Grand avec des explications historiques' is the work of several renowned numismatists such as Francois Charpentier and Claude Gros de Boze. This copy was printed in Paris by the Imprimerie Royale in 1723. This is the second edition, which Brunet described as even more beautiful than the first one - very much enlarged to include medals up to 1723, and printed in an edition of only 500 copies. The 1702 edition had been published both in folio and in quarto; in 1723, the Duc d'Antin ordered the reprinting of the work in folio and it was completely redesigned, with 318 plates instead of 286. Original archive documents were discovered about this 1723 edition, and published by J.-J. Guiffrey in 1885. "This book is interesting in many aspects. One is that Philippe Grandjean's Romain du Roy typographical font had first been used in the original 1702 edition of this book; designed by order of King Louis XIV (1638-1715) for the exclusive use of the royal printing press, the celebrated fonts were constructed on scientific principles and exercised the greatest influence on the development of French types. The Academie had been established by Colbert in 1663 in order to ensure that all the arts were used in harmony to glorify King Louis XIV, and therefore to supervise the engraving of a revised and extended series of medals devoted to the Sun King, later published as these Médailles sur les Principaux Evènements du Règne de Louis le Grand. "The book was projected regardless of time and expense. Medals were specially cut and cast; line engravings from them were made by Gerard Edelinck; special frontispieces were commissioned from Coypel and Rigaud; superb borders were contributed by Berrain and rich tailpieces by le Clerc. An entirely new face of type, Louis XIV's "Roman du Roi", as it was called, was a part of the conception. The enterprise was conceived as an expression of academic respect for the typographic arts" (Stanley Morrison, The Typographic Arts) "The specimen for sale is a superb copy on nice paper, in contemporary full red morocco binding, with a triple line filet on sides, enclosing the Royal Arms, inner dentelles gilt, panels of spine fully gilt, with tools of the French fleur de lys, and the Royal Cipher, gilt edges. Most importantly, this specimen is King Louis XV’s copy, later sold as part of King Louis Philippe's library! This copy, bound for the King, does not contain the exceptionally rare eight page preface, which had been suppressed by Royal order. I doubt that a more interesting copy of this celebrated book will ever be offered!" To view the Christie's lot description (in French), see: Christie's lot description BOOK REVIEW: ROMAN QUINARII BY CATHY E. KING In late September the Ashmolean Museum at Oxford published "Roman Quinarii From the Republic to Diocletian and the Tetrarchy" by Cathy E. King. King worked in the Ashmolean's Heberden Coin Room for over thirty years, specializing in Roman coinage of the third to fifth centuries. The 460-page hardbound volume is distributed by Douglas Saville. It features 37 plates of actual-size photographs, and 17 plates of enlargements. It's a very fine production centering on a detailed catalogue of these interesting little coins. The silver Roman quinarius was equivalent to half a denarius. The author notes in her Acknowledgements that the genesis of the book was an article she wrote nearly thirty years ago for a Festschrift in honor of Humphrey Sutherland. It was Carl Subak who suggested a book on the topic, and King's work opens with a two-page Appreciation of Subak by Michael Metcalf. Born in Austria in 1919, Karl (later changed to Carl) emigrated to the United States where he ultimately became a leading midwest coin and stamp dealer. Quinarii became a personal favorite of Carl's and he assembled a fine collection of them, which now forms the basis of King's book. According to Metcalf, "Quinarii tend to be very scarce coins. They are not to be had just for the asking and imperial quinarii do not occur in hoards but tend to come to light one by one. Much patience and persistence were required, therefore, to build a reasonably complete, rounded collection. In the Heberden Coin Room Carl found an experienced Roman numismatist, Dr Cathy King whom he invited to write about quinarii based on his collection. In the vast literature on Roman coinage, no book devoted specifically to the history of this denomination had been written." The following notes are from the distributor's web site: "The text has been divided into three chronological sections: the Republic to Domitian; the second century ending with Commodus; and the third century from AD 192 to Diocletian’s reform. Within each, the focus is on explaining when and where quinarii were minted, the way in which they operated within the coinage, and how their function evolved over time. Detailed analysis of the sequence of issues, mint attribution, dating, and circulation also form a critical part of the discussion supported by tables, graphs, and drawings. Two bibliographies are also included; one general and one of find spots." It's easy to see why the project took thirty years to complete. Although the core of the work is based on the Subak collection, the author cites examples of the denomination from collections around the world and from catalogues published over the last century. Forty collections are specifically cited, and the book has a six-page list of cited hoards and a six-page bibliography. It's an impressive yet very readable publication making an important and pioneering contribution to the literature on Roman coinage. The price is £75 plus postage (Within the UK £7.00 Europe £14.00 USA £22.00). For more information (and to order the book) see: More Info [As a collector of primarily U.S. numismatics, I was not familiar with Carl Subak. Can any of our readers fill us in with more information or stories about him as a numismatist and coin dealer? -Editor] NEW BOOK: COINS OF THE SELEUCID EMPIRE IN THE COLLECTION OF ARTHUR HOUGHTON [Below are excerpts from the text of an ANS press release issued earlier this week. -Editor] The American Numismatic Society is pleased to announce the release of Coins of the Seleucid Empire in the Collection of Arthur Houghton, Part II (ACNAC 9) by Oliver Hoover. After more than two decades of assiduous study and the collection of new material comes the sequel to Arthur Houghton's Coins of the Seleucid Empire in the Collection of Arthur Houghton (ACNAC 4). This new work publishes for the first time in one place all 900 coins and related objects in Houghton's New Series collection. The bulk of the material reflects new types, control variants, and historical-economic interpretations that have been discovered in the years since CSE was first published. Coins of the Seleucid Empire in the Collection of Arthur Houghton, Part II (ACNAC 9) follows the same easy-to-use organizational principles as Arthur Houghton and Catharine Lorber's Seleucid Coins, Part 1 and includes brief historical introductions for each ruler, commentary on remarkable coins, new attributions, and type, ruler, and mint indices. The book is simultaneously an expansion of Houghton's 1983 catalogue and a foretaste of the long-awaited second part of Seleucid Coins. This volume is part of The American Numismatic Society’s publication series, Ancient Coins in North American Collections (ACNAC), which systematically describes and illustrates ancient coins in significant private and institutional collections and is intended to record collections of numismatic value which are not readily accessible or are likely to be dispersed. For further information contact Megan Fenselau at (212)-571-4470 ext. 1331, fenselau@numismatics.org Coins of the Seleucid Empire in the Collection of Arthur Houghton, Part II (Ancient Coins in North American Collections, American Numismatic Society 2007) by Oliver Hoover. 247p ISBN-13: 978-0-89722-299-0 ISBN-10: 089722-299-7 Price: USD $75.00 Call or e-mail the ANS to order – (212) 571-4470 ext 1311, orders@numismatics.org NEW BOOK: WHITMAN'S 'A GUIDE BOOK OF LINCOLN CENTS' BY Q. DAVID BOWERS [Publisher Dennis Tucker forwarded a press release on the latest Bowers book - this one on Lincoln Cents. See excerpts below. -Editor] Whitman Publishing announces the release of A Guide Book of Lincoln Cents, the ninth entry in its Bowers Series of numismatic titles. The book continues in the tradition of the Guide Book of Morgan Silver Dollars and other best-selling “Official Red Book” guides. The 304-page full-color volume will be available online and in bookstores nationwide in December. Lincoln cents from 1909 to date are illustrated in full color, with high-resolution enlargements for important doubled dies and other varieties. Mintages, specifications, market values in multiple grades (including Brown, Red/Brown, and Red Mint State), and certified and surviving field populations add to the book’s reference value. On the technical and production side, A Guide Book of Lincoln Cents covers patterns, die preparation, design modifications, the coining process, distribution, Proofs, mintmarks, doubled dies, and more. An appendix by specialist Fred Weinberg discusses errors and misstruck cents. 304 pages. Full color. Paperback. $19.95 retail. By Q. David Bowers. Foreword by Charles Daughtrey. [I told Dennis that I'm looking forward to the book to compare and contrast it against the other Lincoln Cent titles on my shelf. He adds: "It's definitely a rich field! Dave Bowers told me that the deeper he got into this book, the more intriguing and complex he found the subject. In his introduction he ends up calling Lincoln cents "among the most fascinating coins in the entire American series" and declares that they offer some of the greatest challenges." -Editor] CANADIAN NUMISMATIC BIBLIOGRAPHY ACKNOWLEDGEMENTS Darryl Atchison writes: "Just a quick note concerning the very kind review of the Canadian Numismatic Bibliography which David Gladfelter submitted for this week's ESylum - I think it would be remiss of us not to acknowledge the tremendous effort put forth by our ex-officio sixth member, Paul Petch. "Paul not only helped to proofread the text, but without Paul we wouldn't have a finished book at all. Paul brought his considerable technical know-how to bear in presenting the research itself and he did the actual graphic design work for us as well. For the record, I want to publicly thank Paul for designing the magnificent books that everyone so far has been extremely happy with receiving. "More than any other book I know about, this project really has taken a tremendous team effort and I believe the end product reflects the love that everyone involved has for this wonderful hobby... even though there were undoubtedly times when our wives wanted to kill each of us for devoting so much of our 'free' time on that (insert expletive of choice) 'book'." TAMS OFFERS FREE SCHENKMAN TOKEN BOOKS TO NEW MEMBERS TAMS President Bob Leonard writes: "The Token and Medal Society, thanks to the generosity of Dave Schenkman, is offering free hard cover, standard token catalogs to anyone who joins and prepays for a period of three or five years." [Below are excerpts from the TAMS press release. -Editor] Copies of the standard catalogs of bimetallic trade tokens or hard rubber tokens will be given free to persons joining the Token and Medal Society (TAMS) for three or five years, TAMS announced. Founded in 1960, the Token and Medal Society is now approaching its golden anniversary of service to collectors and students of exonumia, or medals and tokens of public and private manufacture. Bimetallic Trade Tokens of the United States is a large format, 163 page hard cover catalog by David E. Schenkman, which retails for $40 plus shipping. Beginning with George G. Greenburg’s patent for bimetallic checks, it gives the history of bimetallic tokens over their life span of less than 40 years. Following is an exhaustive catalog listed alphabetically by issuer, an index by state, a price guide and numerous illustrations. David E. Schenkman’s catalog of Merchant Tokens of Hard Rubber and Similar Compositions is also a large format, hard cover catalog with many historical notes. With a length of 208 page, it retails for $57.50 plus shipping. This book provides the history of hard rubber tokens and their collecting (the first listing was published in 1884!), a list of known makers, and a catalog by state with an index by maker’s name. A guide to value is provided for every token. The book is profusely illustrated. Annual dues of the Token and Medal Society are $25 ($35 non-U.S.A.). Member benefits include the bimonthly TAMS Journal, access to the Society’s outstanding library of token and medal literature, assistance in identification of “maverick” (missing place name) tokens, and free classified ads in each issue of the TAMS Journal. To view the TAMS web site, see: TAMS web site NUMISMATIC NEWSPAPERS REACH MILESTONES The two major weekly U.S. numismatic newspapers reached significant milestones this week. Numismatic News published a special 55th anniversary issue October 13th. The issue is chock full of photos and articles on the history of the publication, begun by Chester Krause on October 13, 1952. This one's a real keeper. Earlier this year the publication made a significant change by increasing the size of its print font, making it easier for older folks to read. OK, for *us* older folks to read. I used to think I was young and that used to be true, but I guess having kids ages you fast. I just can't read the fine print like I used to, and I appreciated the change even though it meant having less room for articles each week. And over at Coin World, readers got a surprise this week when the November 5th issue arrived in a completely new format - a trim magazine-style, approximately 8 1/2 by 11 inches. The massive 150-foot long press which produced the publication for over thirty years has finally been retired. I had the pleasure of touring the printing operation while visiting Coin World offices in 2006. Now printed on modern equipment, the new Coin World will have color throughout. The same great columns and content, but in a new package. It'll take some getting used to. I'd be interested in hearing what our readers think of the changes in these two prominent publications. HOWARD A. DANIEL III STILL NOT DEAD YET Pete Smith writes: "I got up about 3:00am Monday morning to read the latest E-Sylum. I am frequently awake around this time and occasionally get up to do something on the computer. Then today I received the November Numismatist with the memoriam notice for Howard Daniel III. "I would have been very disturbed to learn of his death this way and very happy that I read the E-Sylum before I read Numismatist. It was probably not your original intent, but the E-Sylum has become a great way to keep us informed about our friends in the hobby when they are threatened by fires or premature death notifications. I hope the ANA will continue to allow Howard to have his table at ANA conventions." Regarding Joe Boling's note that reports of the demise of Howard A. Daniel III were greatly exaggerated, Doug Andrews writes: "Now that Joe Boling's words have given Howard Daniel a measure of immortality, he will have plenty of time for his numismatic writing to emulate the lofty literary legacy of Mark Twain." [During my last week in London I saw a production of Monty Python's Spamalot, the musical based on the Monty Python and the Holy Grail film. There's a classic number where morgue workers are collecting bodies of the dead, but one "corpse" turns out to not be quite yet dead. -Editor] I am not dead yet No need to go to bed No need to call the doctor Cause I'm not yet dead. BODIES: He is not yet dead That's what the geezer said No, he's not yet dead That man is off his head He is not yet dead So put him back in bed Keep him off the cart because he's not yet dead. To read the complete lyrics, see: Full Lyrics THIS JUST IN: HOWARD A. DANIEL III NOT DEAD YET esylum_v10n45a03.html HARRY FORMAN: IZZY SWITT CONNECTION? Alan V. Weinberg writes: "I recall visiting Harry Forman at his home in Philadelphia some 25 years ago. He showed me an extraordinary .900 fine gold 76mm or so 1892-93 World's Columbian Exposition medal, with a prominent flat rim dent. I asked what happened to it as it had appealed enormously to me but for the rim dent (I hate rim dents!) Harry told me he'd previously removed it from his waist high safe on the basement's cement floor and dropped it. As I recall, Harry wanted $5,000 for it at the time. I passed, due to the rim dent. "Perhaps three years ago I bought an extraordinary large size .900 fine gold World's Columbian Exposition medal out of an ANR auction. I'd never seen it before. Immediate underbidders on the phone were dealer/collector Tony Terranova and New York City collector Gil Steinberg. "At the time I asked ANR for the provenance of their medal as it had no pedigree and had not appeared before. All they would say was what was in the catalogue description - that it was found in the back of an old Philadelphia safe. I began to wonder if the medal came out of a safe belonging to Philadelphia's legendary Israel Switt, the deceased jeweler /coin dealer who owned the disputed ten 1933 Saint-Gaudens $20's. Some three years later a reliable source indicated that my guess was on target. I now believe that medal did pass through the hands of 'Izzy' Switt. "Reading last month's Numismatist article on Harry Forman and his office in his home's basement, everything suddenly came together. Harry was close with Switt and almost certainly obtained his large gold WCE medal, now badly bruised, from Switt. It's interesting how pieces of the puzzle slowly appear. "Both medals (the ANR auction medal and Forman's) were excellent quality medals of heavy deep yellow gold, definitely at least .900 fine. They were both from dies for which no other medal in another metal exists. In fact, knowing Switt's Philadelphia Mint connections, I would surmise they might have been struck there." BUY THE DAMN BOOK BEFORE IT GOES OUT OF PRINT, THEN BUY THE COIN Regarding our recent jottings on the dynamics of the aftermarket for numismatic books, Leon Worden writes: "I have some anecdotal evidence to suggest that your conspiracy is working. You know the one I mean -- the conspiracy you joined a couple of weeks ago with the current book authors to move their inventories out of their garages. Looking over receipts from the last two weeks, when you launched your 'buy the damn book while it's still in print' campaign, I see I've spent more money on books-in-print than I usually do. So, congrats, and I hope you're getting a kickback. :) " [Well, Roger Burdette did buy me dinner last month. I should've ordered that dessert. -Editor] QUERY: GERMAN MEDALLIST FRIEDRICH WILHELM KULLRICH Dennis Tucker writes: "I'm looking for information on German medallist Friedrich Wilhelm Kullrich. He worked in England with William Wyon (late in the latter's life), and eventually became chief medallist in Berlin, did work for the Russians, Romanians, and other national mints, contracted for private medal commissions, etc. I'm familiar with the abstract written by Constanta Stirbu for the National History Museum of Romania ('Some Remarks about the Activity of the German Engraver W. Kullrich'). I wonder if E-Sylum readers might point me toward more in-depth published information. Thanks!" QUERY: 1817 MINT REPORT David F. Fanning writes: "While doing some research, I came across a quotation attributed to the 1817 Mint Report in The E-Sylum edition of January 16, 2000. It turned out, however, that the quotation is from the 1816 Mint Report, as published on January 7, 1817. "Rather than writing to correct old errors, however, I have a question: can anybody tell me if a Mint Report for the year 1817 was published? I am not finding anything in the American State Papers besides an April 15, 1818 report on the Mint that includes much the same information as would be included in the usual report, but under a slightly different title and at an odd time of year (most of these really early Mint Reports come out right after the new year). I'm thinking that the April 15, 1818 is the only report on mint operations during 1817 that was published, but would be very interested in being shown otherwise. Thanks." 1817 MINT REPORT esylum_v03n03a04.html 1995 OLYMPIC $5 GOLD COIN PHOTOS SOUGHT Dave Bowers writes: "Sometimes what is supposed to be common to be elusive. Such is the case for two modern commemorative $5 gold coins for which high-resolution color photographs are needed by Whitman Publishing LLC, for Dave Bowers’ forthcoming The Official Red Book of United States Commemorative Coins. If you can furnish one or both, Whitman and I will be very appreciative, and you’ll be among the first to get a complimentary copy when the title is released in early 2008. The coins are: 1995-W Olympic $5 Torch design, obverse and reverse. 1995-W Olympic $5 Flag design, obverse and reverse. "The contact person at Whitman is: Diana Plattner, senior editor, diana.plattner@whitmanbooks.com Alternatively, Tom Mulvaney will be at the Baltimore Coin & Currency Show this coming Thursday and Friday, at the Baltimore Convention Center, and will be taking photographs for Whitman. Thank you very much." NEW YORK TIMES ARTICLE ON MAYNARD SUNDMAN [This week the New York Times published an article on the late Maynard Sundman of Littleton Coin Company. Here are some excerpts. -Editor] F. Maynard Sundman, a stamp and coin dealer whose innovative mail-order marketing, using everything from comic books to matchbook covers, introduced millions to the once exclusive worlds of philately and numismatics, died Oct. 31 in Littleton, N.H. He was 92. Mr. Sundman’s breakthrough came in 1952, when a nationwide ad in Sunday supplements offered a free set of 10 stamps from Bohemia and Moravia depicting Adolf Hitler. “The mail just flooded in,” recalled Mr. Sundman’s oldest son, David — a total of half a million orders, exhausting the world’s supply of the stamps. Mr. Sundman has had “a huge impact in the stamp industry, primarily with the marketing to nonestablished collectors,” said Ken Martin, deputy executive director of the American Philatelic Society. “Most people aren’t going to start off paying a thousand dollars for a postage stamp. A collector starting out at $5 a month may become a customer for $50, $100 a month in a year or two.” Frederick Maynard Sundman was born on Oct. 17, 1915, in New Britain, Conn., the only child of Frederick William Sundman and Floy Rae Maynard. He graduated from Bristol High School in 1935; that year, operating out of his parents’ house with $400 and a small line of credit from a prominent stamp dealer in Boston, he started the Maynard Sundman Stamp Company. He shut the company a few years later and, from 1941 to 1945, served in North Africa and Italy with the Fifth Army, earning a Bronze Star. After the war, Mr. Sundman moved to Littleton and started the Littleton Stamp Company with his first wife, Fannie Kasper of Terryville, Conn., whom he married in April 1941. The company started in a one-room office on Main Street in Littleton; the couple lived down the street, over an A.&P. store. Today the company employs about 350 people and occupies 85,000 square feet. Mr. Sundman’s first wife died in 1993. He remarried in 1994 and is survived by his wife, Dorothy; his sons from his first marriage, David and Frederick, both of Littleton, and Donald, of Skaneateles, N.Y.; his stepdaughter, Jeanne Joslin of Canterbury, N.H.; his stepson, Richard Joslin of Littleton; eight grandchildren; and four stepgrandchildren. His sons David, president of the Littleton Coin Company, and Donald, president of the Mystic Stamp Company, have endowed a lecture series in his name at the Smithsonian National Postal Museum and another at the World’s Fair of Money, the American Numismatic Association’s annual convention. To read the complete article, see: Full Story COLORADO SPRINGS GAZETTE ARTICLE ON ANA AND CIPOLETTI [On Saturday the Colorado Springs Gazette published another article about the ANA and its former Executive Director. Here are some excerpts. -Editor] "Three weeks after the board of the American Numismatic Association dismissed its executive director, Christopher Cipoletti, the federally chartered group for 32,000 collectors of coins and paper money still is stinging from the aftermath of concentrated executive power. "Before being terminated, Cipoletti, an employment attorney, had two jobs at the Colorado Springs-based nonprofit organization. He was executive director since 2003 and had served as general counsel since 1998, advising the board and the organization on legal matters. He also retained outside clients. Until Dec. 31, 2006, he was general counsel for the Pikes Peak Library District, spokeswoman Danielle Oller said. "More than two years ago, he persuaded the board to join him in filing a lawsuit in 4th Judicial District Court against three former employees and a computer consultant and his company. Among the complaints are civil theft of business property, breach of loyalty to the association, conspiracy and “intentional infliction of emotional distress by outrageous conduct.” The association hired a Denver law firm, Davis Graham &Stubbs, to represent the co-plaintiffs. "A jury trail has been postponed four times and now is set for Aug. 18 — more than three years after the lawsuit was filed in July 2005. "Litigants are awaiting a judge’s decision on the defendants’ call for partial dismissal of charges. This week, Sears asked for an extension on additional response to the defense motions for summary judgment. The association’s response to the summary judgment motion already is 109 pages and contains 123 exhibits, according to court documents. Lawyers for the defendants requested a denial. "Arbitration to settle Cipoletti’s employment contract with the numismatic association has begun, Sirna said. He would not disclose details of the negotiations. Tax statements show Cipoletti was paid $338,134 in wages, benefits and expenses for fiscal year 2006. "Meanwhile, the association is trying to get back to business, and a committee is setting criteria before posting the executive director job opening." To read the complete article, see: Full Story JAMES FALLOWS ON CIRCULATING CHINESE COINS AND BANKNOTES [Dick Johnson forwarded this article about Chinese coins and banknotes by foreign correspondent James Fallows in The Atlantic magazine. -Editor] "In Shanghai, the smallest currency bill I routinely saw was the 5 kuai (RMB) note. In Beijing I very rarely get coins and instead wind up with pockets full of amazingly penny-ante notes. The 1 kuai note (13.5 cents) is omnipresent. What I still can't quite believe are the 1/2, 1/5th, and 1/10th kuai notes, the latter worth just over one cent, that I virtually never saw in Shanghai and frequently get in change at stores in Beijing, as I have in rural China. "No master theory here, but the difference is striking. It may help explain why Shanghai thinks it is more moderne -- and why there are so many more coin-operated vending machines there. And I suppose the use of 1 jiao notes is no odder than the continued existence of the U.S. penny, which costs more to produce than it is worth." To read the complete article, see: Full Story CALIFORNIA STATE NUMISMATIC SYMPOSIUM [The NumisMaster site has a nice article by Michael "Stan" Turrini on the California State Numismatic Association's recent Eighth Annual Northern California Educational Symposium. Over 60 people attended. Below are some excerpts from the article. -Editor] The symposium's theme was "The Golden West: Gold Rush, Gold Coinages, and the Golden Gate Bridge." This year's presenters were Alton Pryor, California historian and author; Dr. Donald H. Kagin, former American Numismatic Association governor and numismatic expert; Robert R. Van Ryzin, Coins editor; and Dr. Michael F. Wehner, scholar of San Francisco numismatics. Pryor, author of more than 10 California history and Western lore books, presented "Those Lusty, Dusty Gold Camps of California." Pryor explained that gold camps were famous for their names, many of which had no relationship to the locale or gold mining. "Bed Bug" was one example he gave. "Dry Town" had 26 saloons. "Nevada City" earned its name before Nevada became a state. Kagin's presentation was titled "California Gold Coinages." Using slides of rare pieces from his private collection, he talked about the patterns in Pioneer gold coinages and classed them into patterns, counter strikes, restrikes, fantasies and counters. Van Ryzin's presentation revolved around his book, Crime of 1873: The Comstock Connection. His talk was titled, "A Tale of Mines plus Trade and Morgan Dollars." He had access to the long-hidden correspondence of William C. Ralston, the historic founder of the once-mighty Bank of California and original California entrepreneur. Van Ryzin established that Ralston was the real influence for the numismatically provocative Coinage Act of 1873. Wehner's presentation was titled, "The Golden Gate Bridge on Medals and Tokens." May marked the bridge's 70th anniversary. Over the years medals and tokens have used the Golden Gate as design themes. A complete roster of these has yet to be compiled. Many times after finding medals, tokens and woods at various tourist sites near the bridge, Wehner said he should have purchased the cheap mementos since they were not available at his next visit. To visit the California State Numismatic Association's web site, see: Calcoin.org/ To read the complete article, see: Full Story ARTICLE: COMPUTER GRADING REQUIRES HUMAN INPUT [Another interesting NumisMaster article published this week is by Michael Fazzari on computerized coin grading. Here are a few excerpts. -Editor] It's almost 2008 and there is still no "little black box" to grade coins, but some have tried. This weekend, while looking through some old clippings, I came across an article about "The Expert." About 20 years ago, one of the grading services developed an expensive gadget to grade coins called "The Expert." Apparently, it was a video camera surrounded by a bank of high intensity lights set up to record the surface of a coin. The coin's image was digitalized as each light flashed in sequence and the resulting image was stored in a computer. This was one of the first attempts to develop a computer to grade coins. There were several other parties working to develop a computer grading system at the same time. I recall that Charlie Hoskins, director of The International Numismatic Society Authentication Bureau, was a consultant to one of these firms that eventually produced a product under the name "CompuGrade." Since I was not involved with this project, I have no idea how that system worked. That grading service lasted a few years; yet, I cannot be sure if a computer ever generated any of the grades on their slabs. One thing I did know for sure, at that time, computers could not grade coins. To read the complete article, see: Full Story [I recall a front-page Coin World article about this computer system, and remember thinking, "what, are they nuts? - What do they know that I don't know?" I was working in the field of artificial intelligence software and although I wasn't directly involved in computer vision projects, I understood how difficult the problem was with the technologies and techniques available at the time. I wouldn't be surprised if computer grading does become possible someday, but back then it was a true pipe dream. -Editor] PROOF GOLD PURCHASED BY LYMAN LOW FOR VIRGIL BRAND AT ELDER'S WOODIN SALE Responding to an earlier Saul Teichman note on proof gold coins purchased by Virgil Brand at Thomas Elder's 1911 Woodin Sale, Dave Hirt noted that in Dave Bowers' book on Virgil Brand the coins were "incorrectly identified as coming from dealer Lyman H. Low. The cantankerous Tom Elder must be turning over in his grave over that one." Saul Teichman writes: "Lyman Low acted as Brand's agent at the Woodin sale. The key point is that Woodin-Newcomer pedigrees are only accurate for half eagles and not for the other gold denominations - thus much of Breen's proof encyclopedia with regard to many of the gold pedigrees he supplied with Woodin-Newcomer pedigrees may be suspect." QUIZ ANSWER: 'QUOD VERUM EST' QUOTE Last week I asked, "Which numismatic book opens with the following quote: 'QUOD VERUM EST, LATEAT QUAMVIS, ALIQUANDO PATEBIT. ?" François Velde of the Federal Reserve Bank of Chicago was the first to respond, providing this translation: "What is true, however it be hidden, will at length become apparent" No one guessed the book the quote came from: "The Fantastic 1804 Dollar" by Eric P. Newman and Kenneth E. Bressett. The authors translate the expression slightly differently: "That which is the Truth. However well it may be concealed, will at some time come to light." QUERY: GUTTAG BROTHERS BUSINESS ADDRESS Robert Rightmire writes: "A stamp dealer told me that he had seen a postcard from the Guttag Bros. that showed their building at either 95 Broad Street or 42 Stone Street, New York City. Can anyone confirm the dealer's comment? "A word of thanks to the many subscribers who have sent copies of requested works related to the Guttag Bros. or who have provided me with leads to sources. The gaps in my research are slowly closing." QUERY: REVEREND THOMAS RACKETT, NUMISMATIST An article about a lecture on artworks at the Dorset County Museum mentioned the numismatic interests of the Reverend Thomas Rackett. "As Rector of Spetisbury for almost 60 years, Thomas Rackett cared for his parishioners but also kept a house in London which he often visited. "There he attended meetings of the many learned societies to which he belonged. He was a distinguished antiquary, natural historian, geologist, artist, numismatist and empiricist and is of immense importance to Dorset and to Dorset County Museum. "The museum already has a range of material relating to Rackett including a collection of coins, drawings, domestic items, archive material and his own field research notes. "A museum spokesman said: 'Thomas Rackett was an enlightenment figure and Gwen's talk will show how much he influenced collectors in the county and provided a benchmark for the development of museums such as ours during the 19th century.' " To read the complete article, see: Full Story RESEARCHING BRITISH NEWSPAPERS NOW EASIER Dick Johnson writes: "Two famous British newspapers have gone digital and are now searchable via the internet. Numismatic researchers can now seek data as far back as 1821 from these major English news sources. Both are available with articles up to 1975, but by early 2008 will be completely digital up to the present. "The newspapers are the 'Guardian' which is archived 1821 to 1975. The other is the 'Observer' which is available from 1900 to 1975 at present. By early 2008 it will be digitized back to 1791. "Both newspaper files are searchable. The searching is free, but a timed access pass must be purchased to view entire articles." Visit the "Guardian" website for more information: Full Story MORE ON ODYSSEY MARINE: ARCHEOLOGISTS VS EXPLORERS, NEW YORK POST ARTICLE Larry Gaye writes: "Regarding the article on the 'Odyssey Situation' it is interesting to note the comment by the archeology community calling the undersea explorer's skills in question and condemning their activities. Underwater archeologists are not able to conduct deep water exploration; they stick to the shallow coastal regions. "They are however the first to condemn that which they are not able to do. The fact that money is being made is their main concern; they fail to understand that we as a community are learning more because of the activities of the Odyssey Group because they are able to explore these areas of the ocean. The Odyssey Group and the others that explored the SS Republic and Central America gave us a wealth of information. Had the exploration been done by the archeologists, we would still be waiting for information as 95% of digs done by the archeological community are never published and the materials taken from sites by them never see the light of day. "Balance and cooperation could lead to some very different results." [Last Sunday (November 4) the New York Post published an article of its own on the Odyssey Marine situation, and it addresses some of the technology and cost issues Larry mentions. Several numismatic personalities were interviewed for the article headlined "Booty Call". Here are some excerpts. -Editor] "An estimated $3 billion worth of treasure lurks in the deep, according to marine archeologists. And each time a famous shipwreck is found, waves of excitement wash over the industry. "'The sky is the limit,' says Dan Sedwick, a professional numismatist. 'Something was lost nearly every year in history.' "'It's all about the hunt,' says Sean Fisher, 29, whose grandfather, Mel Fisher, made history in 1985 when he discovered the Nuestra Senora de Atocha, with its $400 million haul of coins and artifacts. 'We could have retired the year we found the Atocha, but what's the fun of that?' "Shipwreck recovery goes back as far as ancient Greece, and the industry got a huge boost in the 1940s with the popularity of scuba diving. But the last 10 years has seen a dizzying advance in technology, from the improvement of remotely operated vehicles that can plunge deeper and search larger areas, to digital side-scanners that reveal clear images in thousands of feet of water. "Most of the prized ships that explorers are currently hunting, including Odyssey's 'Black Swan,' would have been impossible to pursue without these advances. Technology is turning what was once unfathomable fathoms into a reachable, if incredibly expensive and dangerous, treasure chest. "'People are going into deeper waters, and that takes money,' says James Delgado, executive director of the Institute of Nautical Archaeology at Texas A&M University. 'Titanic submersibles run about $35,000 to $50,000 a dive. What are you going to find that makes it worth that?' "Well, tons of ancient gold bars, for one thing. Along with emeralds, silver and other pretty prizes. Even if the overhead is ridiculously high, the promise of a dead man's chest stirs something potent in treasure seekers - including the land lubbing, stock-holding kind: Odyssey began trading on NASDAQ in July, a sign that hunting gold is a growth industry. "Marine archeologists like Delgado tend to loathe treasure hunting, saying the practice destroys archeological sites and keeps valuable historical artifacts out of the hands of scholars. Plus, they say, indulging in childhood pirate fantasies is no way for anyone to get rich. "'People think that every shipwreck has treasure, and that's not the case. The majority of wrecks may have artifacts, but there is not a lot of real treasure, Delgado said. 'Very people actually hit the motherload.' "But when they do, it's spectacular. "Mel Fisher was a scuba shop owner drowning in bills, when a friend asked for help trying to locate the sunken Atocha. He decided to give treasure hunting one year. Day after day, the family's expensive endeavors yielded nothing. Then, on the 363rd day, Fisher dug a hole and pulled up 1,300 gold coins, Sean Fisher says. "Odyssey's 'Black Swan,' might eclipse Fisher's find as the largest shipwreck of all time. But critics are skeptical. "'You have to wonder what's going on there,' says Robert W. Hoge, curator of North American coins and currency at the American Numismatic Society. 'This company has found important numismatic finds in the past, but instead of publishing the information about them, they've hidden in hopes of making more money for their finds.' "Other historians and collectors say they doubt the Black Swan's booty will be as grand as Odyssey predicts. "'I'm having a real hard time (believing) that value of $500 million,' says coin dealer Rick Ponterio, who has sold Mexican coins from the early 1700s for as much as $97,750 each - and some shipwreck coins for as low as $5. 'Rarity, quality and demand are the three factors in determining what a shipwreck coin is worth. If they have that big a cargo of coins, they're no longer worth that much. What was one of the criteria? Rarity.' "Regardless of the eventual yield, Odyssey and other treasure-seekers will likely keep looking for bigger and bigger finds. They can't help it. Like eight-year-olds who never stopped playing pirate, shipwreck explorers say the allure of finding something that was 'lost forever' never lets them go. "'When you discover something, and the last time it was touched by human hands was in a hurricane in 1692, it send tingles from the tips of your toes to the top of your head,' Fisher says. 'You never want to do anything else.' " To read the complete article, see: Full Story VIDEO: COIN DOMINOES Tom and Gosia Fort write: "Watch this on YouTube and you'll see what people do when they have nothing to do..." [I think we may have mentioned this video before, but it's worth repeating. And can anyone tell us what coin is being used as the dominoes? And which country the coin is from? Watch closely! -Editor] To watch the video, see: Video "Coin Dominos" To watch the "Library Dominos" video with books, see: Video "Library Dominos" FEATURED WEB PAGE: DENOMINATIONS OF THE ROMAN EMPIRE This week's featured web page is on coin denominations of the Roman Empire, from the Romanorum site. Featured Web Site Wayne Homren Numismatic Bibliomania Society Content presented in The E-Sylum is not necessarily researched or independently fact-checked, and views expressed do not necessarily represent those of the Numismatic Bibliomania Society. The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. For more information please see our web site at http://www.coinbooks.org/ There is a membership application available on the web site. To join, print the application and return it with your check to the address printed on the application. Visit the Membership page. Those wishing to become new E-Sylum subscribers (or wishing to Unsubscribe) can go to the following web page link. |
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