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Welcome to The E-Sylum: Volume 10, Number 53, December 30, 2007: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2007, The Numismatic Bibliomania Society. WAYNE'S WORDS: THE E-SYLUM DECEMBER 30, 2007 We have no new subscribers this week - our count holds at 1,100. This week we open with two short book reviews by Mike Marotta and John and Nancy Wilson. Much of the rest of this issue has an international theme, such as Howard Berlin's note on his recent and upcoming world travels to numismatic museums. In the news are some interesting articles profiling numismatic personalities including moneyer Dave Greenhalgh and Laurie Sperber of Legend Numismatics. I've been travelling this week and the hour is late, so I'll stop here and wish all of my readers a Happy New Year and a productive and prosperous 2008. While you're making your Resolutions, don't forget your numismatic friends at The E-Sylum - send us your thoughts and opinions on numismatic literature, research topics, news items and any other nuggets that might interest or amuse your fellow readers. See you next year! Wayne Homren Numismatic Bibliomania Society BOOK REVIEW BY MIKE MAROTTA: WHITMAN GUIDE BOOK OF LINCOLN CENTS Mike Marotta writes: "I just received 'A Guide Book of Lincoln Cents' by Q. David Bowers (Whitman, 2008, 300 pages, $19.95) and this latest addition to the Whitman product line continues to meet high standards for production, presentation, research and writing. "The first 125 pages deliver historical background, starting with the pennies of the colonial era. (What was the first American coin to use 'cent' as a denomination?) Both the Wheat Reverse and the Memorial Reverse have separate histories. Grading, markets and being a smart buyer also merit their own chapters. Continuing the education there is a chapter on the minting process and another on different themes for collecting the Lincoln cent. The price guide includes data for the usual circulated grades, but also uncirculated grades 63 through 70 inclusive in Red, Red Brown and Brown. For coins of the highest state, certified populations are listed as well. "Hard as it is to write a book for 'everyone' I was pleasantly surprised to read the words of Charles D. Daughtery, author of the Foreword. Regarding the 1922-D/No D error, Daughtrey asserts that these are all due to a grease-filled die, not some complicated restoration of a damaged die and declares, further, that the coin is not worth collecting. The market disagrees, of course. The book closes with a bibliography, perhaps of greater interest to readers here. While Whitman now publishes Vermuele's 'Numismatic Art in America,' the bibliography of this book cites the original edition from Belknap Press." BOOK REVIEW BY JOHN AND NANCY WILSON: WHITMAN'S 100 GREATEST AMERICAN STAMPS John and Nancy Wilson of Ocala, FL write: "The "100 Greatest American Stamps," written by Donald Sundman and Janet Klug, is a richly illustrated 144 page hard cover book showing what many people believe are the 100 most interesting American stamps. It covers a good cross-section of stamps from the 1918 inverted Jenny and the unique 1868 1 cent Z grill to the 1993 29 cent Elvis Presley stamp. Market values are given for the stamps from 1920 to present in both new and used condition. This chart allows the reader to review the historic change in the stamp's value. Following the top 100 are four pages of honorable mention stamps which include a 1st Issue Postage Currency Note. "Additional historical information about the stamps and other artifacts associated with the stamps is given. Coins and paper money associated with the stamps are also shown and described. The coffee-table-size book appeals to both the dedicated stamps collector as well as people just casually familiar with stamps. The authors give tips on grading and educated buying in the current marketplace. The book retails for $29.95 online at www.whitmanbook.com and bookstores and hobby shops nationwide." H.R. HARMER SALE OF M.L. BEISTLE PHILATELIC MATERIAL Michael Sullivan writes: "I thought our E-Sylum readers would be interested in knowing the Beistle collection of Philatelic material was sold by H.R. Harmer in October. The collection included an impressive array of US stamps. I've been a long-time collector of material crossing the boundary between numismatics and philately related to bank note engraving, bank note engraving history, and counterfeiting. The Beistle collection included a number of essays, proofs, and material engraved by specific bank note engraving companies." www.hrharmer.com FRENCH SOCIETY MEETING AT NEW YORK INTERNATIONAL Richard Margolis writes: "Every year since the founding of the New York International Numismatic Convention in 1972 (2001 excepted) the Societe americaine pour l'Etude de la Numismatique francaise has held its annual meeting at the Convention. Each year we have had a prominent speaker as the centerpiece of our meeting, and this year's speaker and topic should be of special interest. "John Kraljevich, Jr. will speak on 'Hunting for Eagles: Pierre L'Enfant and the Society of the Cincinnati'. The recent sale at Sotheby's (for over five million dollars) of George Washington's own, custom-made Order of the Cincinnati, which his descendants presented to the Marquis de Lafayette on the occasion of the latter's triumphal return to the United States in 1834, has focused a great deal of publicity on this famous Order and the Society which spawned it. "John Kraljevich, Jr. one of the most prominent individuals in early American numismatics, known equally for his erudition and for the enthusiasm with which he treats any subject he turns his attention to, should be familiar to most recipients of The E-Sylum. His illustrated talk at the upcoming SAENF meeting promises to be unusually timely and interesting. "The 36th Annual New York International Numismatic Convention will take place at the Waldorf Astoria Hotel, Park Avenue between 52nd and 53rd Streets in New York City, from January 9 to 13, 2008. The SAENF meeting is scheduled for Saturday, January 12, at 2:00pm, in the Sutton Suite, on the 18th floor. (Although there is a ten dollar admission charge to the bourse rooms at the Convention, I believe that there should be no charge if you want to only attend John's talk)." HOWARD BERLIN'S NUMISMATIC TRAVELS TO MILAN, VENICE AND MUNICH Howard Berlin writes: "I was recently in Milan and Venice's Correr Museum, having had a chance to photograph some of its coin exhibit, then traveled to Monte Carlo and visited the Pricipality's Stamp and Coin Museum with an example of virtually every known coin minted from Monaco. "I was in Munich for eight days and had a chance to see the exhibit of the Bavarian State Coin Collection at the Residenz, and extensive museum complex. Although some web sites have described this collection as the world's largest, Dr. Dietrich Klose, the collection's director, was a little more modest to me -- he instead classified the 300,000 item collection of coins, medals, banknotes, and dies as one of the world's largest. Obviously not all the items are on display. The permanent display of coins in the highest state of preservation covers all periods from 2,600 years ago and all regions of the Europe and Asia Minor on the 2nd level. There is also a rotating exhibit that changes periodically. "There is also a numismatic library on the ground level, holding approximately 26,000 books, which is open to the public from Monday to Thursday (9am-4pm); Friday (9am-2pm). Entrance to both the Museum and the library is at 1 Residezstrasse is via the Kapplenhof (Chapel Yard) gate. "I will be in London again in January for 5 days (and at least 3 more times in 2008) and Cardiff for a day trip to the see the coin collection at the Wales National Museum. I plan to stop by the Bank of England Museum and say hello again to John Keyworth and see what's new at the British Museum. Also, I will make a day trip to Paris via the Eurostar from St Pancras through the Chunnel for the first time as I have an appointment with the folks at the Monnaie de Paris museum. "All these museum visits with some photos will eventually appear in my column in WorldWide Coins." PITTMAN EARLY SILVER DOLLAR COLLECTION INFORMATION SOUGHT W. David Perkins of Centennial, CO writes: "The recent November 1, 2007 George Kolbe Numismatic Literature Sale 104 offered the John J. Pittman numismatic literature collection. Included in this sale was Lot 117, a signed copy of the First Edition of The United States Early Silver Dollars From 1794 To 1803 by M. H. Bolender. I placed a bid on this lot but was not the winner. I also cannot say I was the underbidder, despite what I thought was a strong bid. This lot realized $325, which may be a record price for a copy of the Bolender book. Prices in this Kolbe sale were very strong indeed! "What was of primary interest to me as a researcher was not the book (I have multiple copies of the book, including one signed by Bolender) but a letter that was included with the book. The letter was dated January 1, 1954 and was from early dollar specialist Frank M. Stirling to John J. Pittman. Stirling stated that the early dollar varieties were a favorite of his, "especially the 1795s." Stirling noted that he had located four 1795 B-13 Dollars (Stirling owned the finest known (to me) 1795 B-13 Dollar, ex. Atwater and the plate coin on page 211 in the Bowers silver dollar book) and that he had not found a specimen of 1795 B-17. Stirling asked, "Do you have any information on this one?" [To my knowledge, no examples of 1795 B-17 have been confirmed.] "I have a large volume of Frank Stirling's correspondence, including a letter from Pittman to Stirling dated May 20, 1957. Interestingly, Pittman states in this 1957 letter that he owned a brilliant proof 1803 Dollar. Pittman wrote, "I purchased the 1803 restrike silver dollar to display at meetings and conventions so as to point out to collectors that it and the 1804 Dollar are all restrikes made at a later date. They are all extremely rare, but none were made in the year they were dated, and undoubtedly no 1804s were made in that year." Imagine buying a rare 1803 Dollar, "just to display." [Are there any "old time" dealers or collectors out there who recall this 1803 Dollar being displayed?] Note also that this letter was written prior to the Newman-Bressett Fantastic 1804 Dollar book (which was published in 1962). "I wonder what happened to this specimen of the 1803 Proof Dollar. It was not offered in the May 20-21, 1998 David Akers sale of The John Jay Pittman Collection, Part Two? Furthermore, a quick perusal of the Bowers book on the 1803 Proof Novodel Dollar, pages 462-464 does not turn up Pittman's name as part of the provenance of the known specimens listed in the book. Perhaps Pittman owned the "Milas Specimen" at one time? Or is this specimen "still out there" somewhere.. "Pittman also wrote in this letter, 'I do not collect early silver dollar varieties. I have at the present time 1795-1803 in uncirculated condition, but have never actually checked them for varieties, although I do have Bolender's book. Quite a number of my pieces were purchased in England many years ago..' I also wonder what happened to the early dollars in this collection. The May 1998 Pittman sale offered only a handful of early dollars. "I am very interested to learn if any E-Sylum readers can shed light on any of these questions. CONTEMPORARY NEWSPAPER REFERENCES TO PHILADELPHIA MINT SOUGHT Regarding Pete's Smith's plans to check Philadelphia newspapers from 1793 for references to the Mint and early coinage, Bob Neale writes: "This reminds me that two years ago I attempted to find Philadelphia newspaper information on the yellow fever epidemic of 1793 as it related to operations of the mint. It took some doing just to find a source of relevant microfilms. However, once borrowed via our library, I found nothing whatsoever on the subject! "I couldn't believe it. There was also nothing mentioned in J.H. Powell's book 'Bring Out Your Dead', probably the one best sources of the story of the 1793 yellow fever and Benjamin Rush's role therein. Either the newspapers of the day weren't interested in the Mint, or what I had to look at was just the wrong thing. So I look forward to Pete finding Mint information in Philadelphia's newspapers to find out what I overlooked and where it was hiding." [There was also a typo in last week's issue which I need to clarify. I wrote "...Not many old papers are available online making the task of finding such articles much easier. Is anyone working on or considering such a project?" What I meant to write was "... NOW many old papers are available online..." Lou Jordan's note (below) outlines a couple good places to access online newspapers. -Editor] Lou Jordan writes: "Readex, which is a division of NewsBank offers, on a subscription bases, a fully searchable database of thousands of runs of American newspapers dating from 1690-1922. I suspect the year 1922 is used as the cutoff date for reasons related to copyright. The full text of the newspapers can be searched, including advertisements; also, one can download a PDF file of any individual issue in the collection. "See the webpage www.newsbank.com/readex/ then click on the Digital Collections link located in the left margin. This is a subscription service. Many University libraries subscribe. "I notice that the New England Historic Genealogical Society, subscribes to several of the newspaper databases. There is a link to the databases for use by NEHGS members the under the heading Premium Databases at the bottom of their research page, which is www.newenglandancestors.org " CONTINUING THE TRADITION OF THE ANA JOURNAL Peter Gaspar writes: "When The E-Sylum broke the news that the ANA Journal had ceased publication, I was about to write the ANA urging them to do a better job of publicizing that journal. A hefty subscription/single issue price was not supported by any discernible promotional material. I recall an ad in the inside of a Numismatist wrapper that extolled the quality of the articles and their authors and the high standards of the editing, but without any information to back those claims. I was going to suggest a table of contents for each forthcoming issue appearing in the Numismatist and a review of each issue after publication. Offering sample copies at a price that just covered costs would have also been helpful." "One can only agree with your suggestion to revive publication of the ANA journal online as a password protected perquisite of membership, or with the other suggestion to incorporate the material in, once again, The Numismatist. The current format of the Numismatist makes it difficult to distinguish ads from articles, but some serious articles might improve matters there." Barbara J. Gregory, Editor-in-Chief of The Numismatist writes: "Papers from the ANA's annual Maynard Sundman/Littleton Coin Company Lecture Series, which comprised approximately 50 percent of the JOURNAL'S content, will be printed on the ANA's website in the near future and will be reviewed for possible publication in THE NUMISMATIST. In addition, we will give full consideration to publishing in the magazine any scholarly articles that come our way. In some cases, we may present an edited, condensed version in THE NUMISMATIST, with the complete research offered online. For example, see "Silver Peg Leg Ikes" by Rob Ezerman et al in the January issue and at www.money.org (select "The Numismatist" from the "Communications" pull-down menu)." ON THE DEMISE OF THE ANA JOURNAL esylum_v10n52a08.html ARTICLE REVIEWS ANS SAINT-GAUDENS EXHIBIT [This week the New York Sun published a review of the American Numismatic Society's exhibit on Augustus Saint-Gaudens. Here are some excerpts. -Editor] The year that is about to close marks two noteworthy and related centennials. In 1907, America's greatest sculptor, Augustus Saint-Gaudens, died. Also in that year, the federal government issued the gold coins - in $10 and $20 denominations - that it had commissioned Saint-Gaudens to design. Most people know of Saint-Gaudens for his large-scale public works that ennoble certain lucky American cities, including and especially New York. But as a fine exhibition mounted by the American Numismatic Society at the Federal Reserve Bank of New York attests, the master sculptor was equally adept on a scale as small as a coin. It should be noted that attending an exhibition at the Federal Reserve Bank can be a daunting experience. The first time I tried to visit, the Federal Reserve Police (yes, they have their very own branch of the federal security apparatus) barred my entrance for lack of proper identification. I returned - duly equipped with my documents - the next day, and got in - only to wait nearly half an hour while the next line of security personnel examined my ID and pecked away at a computer keyboard. (I almost asked if they were checking to see if I had a police record, but you really can't make small talk with federal security guys.) By this point, the visitor may wonder why the American Numismatic Society would mount their show in one of the hardest-to-enter buildings in New York. Once I'd been cleared, I saw why. The groin-vaulted galleries of York & Sawyer's splendid building, marked off by wrought-iron fences by Samuel Yellin, America's greatest artist in iron, may well be the most exhilarating exhibition spaces in the entire city. The idea for the new gold coins came from President Theodore Roosevelt, who had met Saint-Gaudens and admired his work. Which was an important connection: It took presidential patronage to get the project through. Saint-Gaudens had had a bad experience with the United States Mint and its chief engraver, Charles Barber, for whom the design of coins was a sort of personal fiefdom. The president's support notwithstanding, the 61-year-old Saint-Gaudens struggled doggedly to push through his designs, even as he was dying from cancer. The exhibition relates it all in stunning detail, with letters (including from Roosevelt), drawings, successive relief strikings, models of Saint-Gaudens's statuary, photographs, and ancient coins that inspired Saint-Gaudens. In the end, the $20 "double eagle," as one of the most beautiful coins ever minted, crowned a spectacular career. Now that I know the drill, I will return to this exhibition as often as possible without arousing the guards' suspicions. Saint-Gaudens worked at small scale on the coins and at large scale on the public monuments. But New York also abounds in his medium-scale work, such as the domestic commissions that paid his bills. The American Wing of the Metropolitan Museum of Art boasts the stupendous fireplace and mantel he designed for the mansion of Cornelius Vanderbilt II on Fifth Avenue at 57th Street (where Bergdorf Goodman now stands). In the lobby of the New York Palace Hotel can be seen a fireplace with a superb overmantel by Saint-Gaudens, done originally for the dining room of 451 Madison Ave., the home of Henry Villard, which now houses a restaurant called Gilt. In that restaurant, another Saint-Gaudens fireplace, as well as his extraordinary bronze clock with signs of the zodiac in marble, can still be seen in situ. And another public work merits a look: The monument to Peter Cooper, in Cooper Square, is very fine, even as it lacks the emotional frisson of the Farragut and Sherman monuments. Thanks to the American Numismatic Society and the Federal Reserve Bank of New York, now is the best time we may ever have to enjoy in such abundance the full range of work of our greatest sculptor. Until March 31 (33 Liberty St., between Nassau and William streets, 212-720-4470). To read the complete article, see: http://www.nysun.com/article/68729 NEWSPAPER ARTICLE PROFILES DAVE GREENHALGH (GRUNAL MONETA) [The Hunts Post of the U.K. profiled a gentleman speaking at a local society January 11 about early moneyers. -Editor] Dave Greenhalgh, also known as Grunal Moneta, from Lincolnshire will be at St Peter's Church Hall, March, at 7.30 pm, to talk about his passion for coins. Richard Munns, the society's vice chairman, said: "Ever entertaining, Dave, who has immersed himself in the life of a moneyer of the past, is one of the few people around the country who actually makes a full-time living pursuing what was once, for him, just a hobby. "Such is his reputation that he is consulted by the British Museum on matters of numismatics and is also seen by the 'moneyers' at the Royal Mint as one of the few people outside their closed world that they can converse with about 'work'." "He spends the first few weeks of January at home, but from then on he could appear anywhere, including regularly at the British Museum and at other museums, castles, heritage sites, village fetes, re-enactment events - basically at any kind of historical public and educational event." Mr Munns said Dave has extensive (almost encyclopaedic) knowledge of coins from Britain and around the world and is in fact the world expert on the medieval 'half-groat'. "He produces for sale, authentic-style hammered coins, starting with Greek through to Celtic (650BC), all the way to the English Civil War (1660AD) and everything in between," added Mr Munns. To read the complete article, see: http://www.huntspost.co.uk/content/hunts/whatson/arts/default.aspx ASBURY PARK PRESS PROFILES LAURIE SPERBER OF LEGEND NUMISMATICS Legend Numismatics, a company based in Monmouth County, deals in the upper tier of the coin market, the top 2 percent to 5 percent in terms of rarity and quality. The company doesn't disclose its address or do business out of a storefront for security reasons, instead making a home in a nondescript office building. When Legend sells at coin shows, the coins are shipped by armored car companies. Sperber caught the coin bug at age 10 when she found an old penny. "I just thought it was the neatest thing, an old Lincoln cent, just the fact it was old." She started going to small coin shows, looking at silver dollars from the 1800s that were shiny, and building a small collection. "You could buy a really great coin back then for $25," Sperber said. Then came the visit to the American Numismatics Association show in New York City, which brought her face-to-face with the 1913 Liberty Head nickel. "I was blown away by all the cool rarities I saw," Sperber said. At age 20, she quit Monmouth College, where she was studying business administration, to follow her dream of being a coin dealer, investing about $9,000 in savings to get started. She was lucky and made some good contacts, including established coin dealers such as John Albanese, who at the time had a coin shop in Flemington. He would give her credit and Sperber was able to buy and sell coins. "What I noticed immediately was she had a great eye. I showed her inventory, she picked out the best pieces immediately. I said, "How does this girl . . . know what coins to pick out?' I was amazed by that," Albanese recalled. "I knew she had a great eye for coins and she had a passion and she wanted to absorb and she wanted to learn." There are only a few women in the coin business, he added. Sperber read about rare coins and looked through old auction catalogues. "I just read and read everything I could," Sperber said. "I listened to what the elder statesmen had to say." "She is a well-known dealer, representing some very important collectors," said Harvey Stack of Stack's. "She is usually bringing in strong bids on greater rarities and knows exactly what she is buying." This year, Legend bought and sold at least seven coins for more than $1 million each. Sperber said Legend is profitable and has grown steadily each year since 1997. "We haven't had any down years." To read the complete article, see: Complete Article NEW TECHNOLOGY KEEPS WINNIPEG ROYAL CANADIAN MINT BUSY Dick Johnson writes: "'Multi-plating' is the new buzzword in minting technology and the Royal Canadian Mint in Winnipeg is leading the way. As a result of implementing this new technology countries of the world are beating a path to this Western Canadian institution to have their coins manufactured, some even with mints of their own. "The innovative use of plating several layers of nickel and zinc on steel cores -- invented inside the Winnipeg Mint -- is reason why their base composition costs are low. The Mint struck 1.2 billion coins in 2007 and have multi-million dollar contracts that have booked solid the Mint's entire production capacity for 2008. "Winnipeg mint official Hieu Truong, executive engineer who headed up the research team and the multi-ply process's inventor, said the mint is clearly a world leader in minting technology. Truong developed the multi-ply technology after frustrating efforts with the older single-plating technology that is still used by many countries. Truong praises the coins for resisting tarnishing better than others and offering heightened security because of unique electromagnetic signatures that prevent vending machine fraud. The Winnipeg facility has produced coins for more than 60 countries in the last 25 years. Here are more details in an article published December 27, 2007: http://www.winnipegfreepress.com " ARTICLE HIGHLIGHTS OTTAWA ROYAL CANADIAN MINT [The Toronto Star published a short article this week on the upcoming Centennial of the Royal Canadian Mint in Ottawa. -Editor] It opened Jan. 2, 1908, as a branch of the British Mint and has been churning out money ever since, although it has not made circulation coinage since 1976 (that's made in Winnipeg). The Ottawa operation concentrates on coins for collectors. Many of the 8,000 pieces it produces daily are made by hand, one at a time. "Here we concentrate on quality," said Veronique. >From an observation deck, visitors can take in almost every step of the process. A furnace melts silver at 1,300 C; the liquid is then moulded into bars worth about $8,000 each. A saw shaves those bars smooth (the scrap is recycled.) A roughing mill presses the bars into sheets the thickness of coins, from which blanks are punched. Those blanks are scrubbed for three hours or more in what looks like an oversized clothes washer, with water, soap and stainless steel balls. Then workers hand-dry each blank before stamping it with the design of the day. That might be a one-ounce gold maple leaf coin (retailing at $914.35), a 2008 coin commemorating the Chinese Year of the Rat ($508.95), or a loonie emblazoned with the logo of a Canadian hockey team. What strikes one about it all is the silence. Even on the shop floor, employees usually don't wear ear protection. You're struck, too, by the care that goes into the process. Workers wear gloves so they don't smudge the precious coins. Six people check each gold coin for imperfections. To read the complete article, see: http://www.thestar.com/Travel/article/288755 U.K. TERROR ATTACK HEROES DENIED GEORGE CROSS MEDALS [British newspapers are taking the government to task over what many see as a snub to citizen heroes of the July 7, 2005 terrorist bombings who were denied George Cross medals. -Editor] Gordon Brown's pledge to honour members of the public for heroism during terrorist attacks has been labelled a sham after dozens of civilians who went to the rescue of the 7/7 bombing victims were snubbed for awards. Pleas to honour ordinary civilians have been rejected as undeserving - even though more than two dozen public sector staff, some of whom were doing desk jobs, have been honoured for their conduct on 7/7. Brown made the pledge last July at the launch of a book he wrote on heroism, titled Britain's Everyday Heroes. He said: "It is right that we look at how our honours system can recognise those in our emergency services and members of the public who showed such bravery and heroism in the face of the recent terrorist attacks." However, Tim Coulson, a teacher who went to the aid of the victims of the Edgware Road tube station suicide bombing in July 2005, was snubbed after his wife Judy applied on his behalf this year. Coulson smashed his way into the stricken carriage from another train adjacent to it in the tunnel and gave first aid to the injured and dying. One man, whose body had been severed at the waist by the blast, died in his arms. Although her husband's case was backed by testimonies from those he helped and witnesses to his heroism, the Cabinet Office told Judy Coulson in a letter that "honours are awarded to people for meritorious service over a sustained period and not specifically for saving someone's life". The George Cross, which can be given to either military personnel or civilians and is equivalent to the Victoria Cross, has been granted 159 times since its creation in 1940. Its most recent recipient is Corporal Mark Wright, who died in Afghanistan in 2006 while leading fellow soldiers through a minefield. Peter Zimonjic, the author of a new book on the 7/7 bombings called Into the Darkness, said he was aware of at least two dozen members of the public who had performed similar acts of bravery to Coulson yet none had been officially recognised. The Cabinet Office declined to comment. To read the complete article, see: Complete Article SPINK NEAR LONDON BOMB SITE, BUT UNAFFECTED esylum_v08n30a02.html POLITICIANS CALL FOR SCOTTISH BANKNOTES TO BE HONORED IN ENGLAND A call was made last night for Scottish banknotes to be legally protected in England. Alistair Carmichael, Scottish spokesman for the Liberal Democrats, revealed he had received a letter from Mervyn King, Governor of the Bank of England, confirming that at present there was no requirement for shopkeepers and businesses to accept Scottish banknotes. "Mervyn King has confirmed that Scottish banknotes exist in a kind of legal limbo," said Mr Carmichael. "It is ironic that many shops and businesses in London have signs indicating that they will accept euros but at the same time continue to refuse Scottish banknotes." The Orkney and Shetland MP added: "We live in a country where both the Prime Minister and the Chancellor of the Exchequer are Scottish. Scots in England have no legal recourse whatsoever when their banknotes are refused, leading to embarrassment and irritation. This situation is the result of historic accident and it is now time to address it." To read the complete article, see: www.theherald.co.uk LETTER WRITER CALLS FOR U.S. MINT TO HALT DOLLAR COIN PROGRAM Dick Johnson writes: "In a New Year's message to the officers of the U.S. Mint, a Jacksonville Florida man wrote in his local newspaper the following: This is a New Year's resolution for the officials of the U.S. Mint: We resolve that we will no longer waste the taxpayers' money and the U.S. Mint's resources by issuing commemorative $1 coins. We will realize that, like soccer and the metric system, dollar coins will never truly catch on in America. We agree to agree on their utter impracticality, as vending machines don't accept them, retailers and banks loathe them, and even fanatic coin collectors know they will always be worth no more than their face value. We will come to the resolution that most of these dollar coins just end up as hokey Christmas gifts, forgotten in the bottoms of sock drawers and children's penny jars. Eventually, they are sold by the roll in full-page ads on the back of the Sunday comics. We will patriotically acknowledge that historic figures such as Susan B. Anthony, Sacagawea and the early presidents do deserve all the recognition grateful Americans can give them. But now we officially resolve that putting their faces on useless $1 coins is not the way to manifest that recognition. The complete article in the Jacksonville Times-Union: Complete Article " PRESIDENT JOHN ADAMS LIBRARY ONLINE [No, not Numismatic Bibliomania Society President John W. Adams - that OTHER President John Adams, the one whose face is on the new dollar coin. -Editor] In his wildest dreams, John Adams, the second president of the United States, couldn't have predicted the fate of his 3,700-volume personal library. In two years, it will be made available for viewing online for all to see without any commercial encumbrances. Adams' library is just a small part of an effort by nonprofit library and archival organizations to place the historical record of the United States online now under way at the Boston Public Library. "It's full speed ahead," said Maura Marx, manager of digital services at the Boston Public Library, in an interview Thursday. "We have two shifts [of people working on the project] -- 8 a.m. to 4 p.m. and 5 p.m. to midnight." Books and historical documents from the 19-member Boston Library Consortium are being scanned under the auspices of the project. "Unlike corporate backed efforts by Google, Microsoft, Amazon, et al, which all impose different, albeit understandable, levels of restriction to protect their investment the [Boston Library Consortium] has shown libraries all across the country the right way to take institutional responsibility and manage this historic transition to a universal digital archive that serves the needs of scholars, researchers, and the general public without compromise," said the Sloan Foundation's Doron Weber in a recent statement. The Boston Pubic Library's Marx noted that the library has many documents of historical value. The Adams library, for instance, is unique because it is complete and intact. The libraries and writings of other U.S. founding fathers were destroyed by fire or dispersed by succeeding family members, for instance. "There's nothing quite like the Adams library," she said. "We're scanning flat pages and objects. Adams made notes in the margins of his books, and they will be available for all to see." To read the complete article, see: Complete Article NUMISMASTER ARTICLE ON THE "DEATH" OF HOWARD DANIEL [E-Sylum regular Howard A. Daniel III penned an article for Numismatic News describing his recent experiences after being mistakenly listed as dead in a numismatic publication. Here are a few excerpts, but be sure to read the complete article on Numismaster. -Editor] In late October 2007, my wife and I returned to "her" condo in McLean after staying in "my" Bay House in Deltaville. There was a message on her answering machine from Joe Boling inquiring about my demise! My wife considers talking about death as unlucky so she was not happy. Joe explained that I was in the "In Memoriam" part of the November issue of The Numismatist. When we listened to his message, it was Joe's usual bedtime so I typed an e-mail to him that I was alive! I thought about it for awhile and determined it must be about my reporting the passing on of Forrest Daniel to the ANA's Membership Department because I read in The Numismatist they were going to give him a 40-year or more membership pin. Someone had deleted me and kept Forrest on the rolls. My e-mail in box has had a steady flow of e-mails from people in the United States but then they started coming from Asia. Quoc Nguyen from the U.S. and Vietnam was on a trip in Singapore and Bangkok and he and everyone else were talking about my demise. I replied that I was still here in this world and to please tell everyone over there about the mistake. I also received an e-mail from Bruce Smith in Shanghai. Then the e-mails started coming in from Europe and other parts of the world. It was very gratifying to see so many people concerned about me, but my e-mail In box, which I could usually keep down to 20 or so unanswered e-mails, was hanging in there with over 100 unanswered e-mails! I returned to McLean for the coin and stamp show in Vienna and walked onto the bourse. Three or four people came up to me and said they were relieved to see I was still alive. When I walked up to some of the dealers at their tables, they looked at me in disbelief. But there were two people on the bourse with grim looks on their faces. Sorry about that, I was still alive. The e-mails and telephone calls kept coming in over the next week when I was at my Bay House and I immediately answered most of them but there were still many in my in box. Then I returned to McLean again for the coin show in Baltimore. One of the smokers standing outside of the entrance pointed at me and told everyone I was supposed to be dead. It was fun watching their disbelief. To read the complete article, see: Complete Article TIME MAGAZINE NAMES CANADIAN DOLLAR YEAR'S NEWSMAKER Dick Johnson writes: "Although it is more economic than numismatic or artistic, the Canadian loonie dollar has been named 'newsmaker of the year' by Time magazine in a celebratory article in the magazine's Canadian edition. The exchange value of the Canadian dollar has met -- and for a time has surpassed -- the value of the mighty American dollar. "Canadian editorial writers are ecstatic. Without knowledge of Krause Publication's prior rights to the term 'Coin of the Year' some of their editorials are calling their famed dollar coin bearing the loonie bird by that term. "The exchange rate story also had a book connection, as the cover prices printed on periodicals and book dust jackets of a higher Canadian price than in American dollars. We reported this earlier here in The E-Sylum. "Here is one Canadian article on the Time article garnered from Google: Complete Article " THE DROPPING DOLLAR GIVES RISE TO 'BOOK RAGE' IN CANADA esylum_v10n47a21.html SPOOF ARTICLE: DOLLAR WOES CAUSED BY HAIRY EYEBALL [The satirical web site The Spoof ascribes the reason for the dollar's fall to the mysterious all-seeing-eye on the Great Seal of the United States. -Editor] Congressman Barney Frank, chairman of the House Financial Services Committee, took the Federal Reserve to task yesterday, saying the eyeball atop the pyramid on the US dollar was causing it to decline against other world currencies. "Speaking frankly, as I always do, if I had a choice I wouldn't take US dollars either," the Massachusetts Democrat said to Benjamin Bernanke as the Fed Chairman appeared before Congress for his quarterly scolding by grandstanding legislators. "The hairy eyeball is a real problem in world financial markets." Bernanke said the Fed was only playing the hand it was dealt by a world-wide conspiracy of Freemasons who plotted to include the eyeball in the great seal of the United States in the 18th century. "The all-seeing eye is the symbol of God, the great architect of the universe" Bernanke explained, reading from a prepared text he had pulled off the internet shortly before entering the hearing room. "Either that or it's an Egyptian god that was brought to America in a UFO." A number of the Founding Fathers including George Washington were Freemasons and the eye and the pyramid are commonly- used symbols in the rites and lore of that secret society. "Like most other lodges, the Freemasons are primarily an excuse for men to get together and drink," says William Thain, an expert on American fraternal societies. "The eye is often depicted inside an enclosed pyramid, which translates rebus-style into 'I want to get out of the house'." To read the complete article, see: Complete Article FEATURED WEB SITE: GRUNAL MONETA This week's featured web site is Dave Greenhalgh's Grunal Moneta. "Grunal Moneta offers an entertaining and informative look at money through the ages. Using original techniques, he produces authentic-style coins from Celtic to Tudor times. He provides dies for the period of the event and strikes coins from them in pewter blanks which are hand cut in the original fashion." 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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