|
Welcome to The E-Sylum: Volume 11, Number 01, January 6, 2008: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2008, The Numismatic Bibliomania Society. WAYNE'S WORDS: THE E-SYLUM JANUARY 6, 2008 Among our recent subscribers is Richard Giles. Welcome aboard! We now have 1,106 subscribers. This week we open with news from no less than three active numismatic literature dealers and one retiring numismatic librarian. Next, we have an obituary for Graham Pollard, author of the new Renaissance Medals catalog. Myron Xenos provides a review of the Canadian Numismatic Bibliography and the Wilsons offer their review of the new Whitman 'Guide Book of Lincoln Cents'. In follow-ups to previous articles, Pete Smith and Craig McDonald comment on dealer Harold M. Hess, Karl Moulton discusses 1793 Philadelphia newspapers, Tom DeLorey provides information on varieties of the 1922 "No D" Lincoln Cent, and Martin Purdy comments on the legal tender status of Scottish banknotes. In the news, word of a robbery of London dealers Dix, Noonan Webb has just been released, a Forbes article advocates the private printing of paper money, Venezuela revives the locha denomination and Zimbabwe reverses its decision to phase out a banknote denomination. To learn which world mint is 100 years old this week, read on. Have a great week, everyone. Wayne Homren Numismatic Bibliomania Society LITERATURE DEALER JOHN BURNS AT THE JANUARY 2008 FUN SHOW Numismatic Literature dealer John H. Burns writes: "I will have a two table booth (1245 & 1247) at the F.U.N. Convention in Orlando, FL January 10-13, 2008. I will have approximately two tons (4000 pounds!!) of new, out of print and antiquarian books for sale." [If you're attending the show, please stop by and say hello to Big John. You'd be hard pressed to find a bigger display of numismatic literature anywhere, so stop, browse, and add to your library. -Editor] CHARLES DAVIS FEBRUARY 2, 2008 NUMISMATIC LITERATURE SALE Numismatic Literature dealer Charles Davis writes: "My next auction sale catalogue consists of duplicates from the American Numismatic Society and has a closing date of February 2. Highlights include complete original sets of SNG Copenhagen, SNG Lockett, SNG Lloyd, SNG ANS and some 50 odd parts of the above and other Sylloges, plus a uniformly bound early set of The Numismatist, a complete set of Mason's Magazine, two original Crosby Early Coins, Red Books including three first editions, and runs of the American Journal of Numismatics. Catalogues will be mailed next week and will be available at the Spink/Davis booth at the New York International." GEORGE KOLBE SALE #105 - THE DR. DANIEL LEONCE KOPPERSMITH LIBRARY [Numismatic Literature dealer George Kolbe forwarded the following press release for his upcoming sale of the core numismatic library of Dr. Daniel Leonce Koppersmith, featuring key works on archaic & classical greek coins and kindred topics. -Editor] On March 20, 2008 George Frederick Kolbe/Fine Numismatic Books will sell at auction the core numismatic library of Dr. Dan Koppersmith. Beyond the dazzling array of standard references and often rare specialized die-studies in the library, perhaps the most remarkable thing about it is the uniformly superb condition of the contents. The library is perhaps best described by the collector, who writes in the introduction to the sale: "My library has been carefully and thoughtfully assembled over the past fifteen years. In my opinion, it contains all the important references for Archaic and Classical Greek Coins, including every Sylloge Nummorum Graecorum produced to recent date. Condition is generally exceptional, as worn copies have been replaced. Most of the books are bound, as described in the catalog. The library was much larger, but less important works were removed, leaving an extremely important, concise core, if over one hundred feet of literature can be described as concise. In my opinion, the auction catalogs are all the essential ones for Archaic and Classical Greek Coins, again with less important catalogs culled to minimize space. I wrote an article published in The Celator to this end (Volume 21, Number 5, May 2007), which is reproduced here through the kindness of the Publisher/Editor, Kerry K. Wetterstrom." Among the sale highlights are a complete set of the Numismatic Chronicle, complete from 1838 to date; as previously mentioned, a complete run of the Sylloge Nummorum Graecorum, including exceptionally fine original sets of SNG Danish and SNG von Aulock, along with all of the recent volumes published in various countries; superb sets of the original editions, mainly leather-bound, of the great series of multi-volume ancient coin collection catalogues, including Forrer's Weber collection, Grose's McClean collection, the Jameson collection, and Macdonald's Hunterian collection. Also featured are Leonard Forrer's complete, unusually fine, 29 volume set of Greek Coins in the British Museum, all in the original blue cloth bindings; Edward T. Newell's superb original set of Babelon's Traité des Monnaies Grecques et Romaines; Dr. J. Hewitt Judd's original Die Münzen von Syrakus by Erich Boehringer; a complete, very fine original set of von Fritze & Gaebler's Nomisma; Georges Le Rider's very fine leather-bound set of Die Antiken Münzen Nord-Griechenlands; Oscar Ravel's own set of his rare, still important two volume work on Corinthian staters; and a pristine original example of Svoronos' Les Monnaies d'Athènes. Other consignments following the Koppersmith library will feature important numismatic works on a wide variety of topics covering the numismatic spectrum. Copies of the printed catalogue may be obtained by sending $15.00 to George Frederick Kolbe, P. O. Box 3100, Crestline, CA 92325. Telephone: (909) 338-6527; Fax: (909) 338-6980; Email: GFK@numislit.com. The catalogue will also be accessible free of charge, several weeks before the sale, at the firm's web site: www.numislit.com. ANS LIBRARIAN FRANK CAMPBELL RETIRING MARCH 31, 2008 American Numismatic Society Librarian Francis D. Campbell writes: "On March 31, 2008, I will retire from my position as Librarian of the American Numismatic Society. I have been with the Society since 1958 and have been its Librarian since 1975 and, as such, have come to know many of those in the numismatic community who you also count among your readers. Therefore, I thought the E-Sylum would be the best way to inform them of my retirement and to let them know it has been a pleasure to share the resources of this Library with them over the years. [Frank's ubiquitous presence will be sorely missed. We wish the best of luck to him in retirement, and I look forward to inviting his successor(s) to also participate in the E-Sylum forum. -Editor] OBITUARY: RENAISSANCE MEDALS AUTHOR GRAHAM POLLARD 1929 - 2007 Charles Davis writes: "In the December 23 E-Sylum, you published a notice on the new work by Graham Pollard on Renaissance Medals in the National Gallery. Regrettably I received the below note that he passed away two weeks ago. Graham Pollard died Monday December 17 after a relatively short illness - a malignant brain tumour was diagnosed in September. His wife Maria died three weeks earlier (25 Nov) after a long battle with cancer. There will be a joint funeral sometime in mid-January. An obituary of him appears in The Independent" [Here are some excerpts from Pollard's obituary, written by Dr. Mark Blackburn, Head of the Department of Coins and Medals at the Fitzwilliam Museum. -Editor] John Graham Pollard, numismatist, museum curator and civic campaigner: born Gillingham, Kent 25 December 1929; Keeper of Coins and Medals, Fitzwilliam Museum 1966-88, Deputy Director 1969-88; Fellow, Wolfson College, Cambridge 1967-97 (Emeritus), Librarian 1980-95; married 1963 Maria Seri (died 2007; one son); died Cambridge 17 December 2007. Graham Pollard was the leading authority on Italian Renaissance medals in the post-war period. He will be best remembered as the author of the multi-volume catalogues of two of the greatest collections in the world, those of the Bargello Museum in Florence and the National Gallery of Art in Washington. But as a curator of the Fitzwilliam Museum, Cambridge – whose coin and medal collection he did much to enhance – his influence was far wider, as he shared his knowledge and judgement with students, scholars, collectors and dealers. He registered for a London University external degree in Geography, but had to abandon it in 1948 when he was called up for National Service. On his return in 1950, he was appointed a Museum Assistant and assigned to the Coin Room to work under Harold Shrubbs. With encouragement from the museum's director, Carl Winter, he decided to apply to Cambridge University to read History, and rapidly taught himself sufficient Latin to pass the entrance exam, entering Pembroke College in 1951. He continued to work part-time for the Fitzwilliam during the first two years of his degree, and was given leave for the third. On graduating in 1954 he was appointed Junior Assistant Keeper, and promoted to Keeper of Coins and Medals in 1966 and Deputy Director in 1969. Pollard's interest in medals had been fired by chance soon after arriving in Cambridge. In a fire-sale at an antique shop he saw a tin bath containing several hundred medals, and hastened home to borrow money from his father to buy them. The Italian connection came somewhat later and for a different reason. His first trip, in 1957, was with a group of friends wanting to look at Italian architecture, and he was bowled over by the experience. On a subsequent trip, in 1961, he went with Jack Trevor in search of fossils at the mine of Bacinello in southern Tuscany. In the nearby town of Grosseto he met a young schoolteacher, Maria Seri, who two years later would become his wife. Renaissance Medals was due to be published in January 2008 and launched in Washington with an international symposium, but when last September Pollard was diagnosed with terminal cancer, the production was accelerated, so that in October an advance copy was couriered to Cambridge in time for him to appreciate it. This massive catalogue of two volumes, running to more than 1,100 pages, is truly the crown to a distinguished numismatic career. He and Maria were a devoted couple, and his final illness, though short, was heart-rending, as she herself was battling with the terminal stages of a cancer, which took her just three weeks before him. To read the complete article, see: Full Story BOOK REVIEW BY MYRON XENOS: CANADIAN NUMISMATIC BIBLIOGRAPHY Myron Xenos writes: "Back in the early nineties, a fellow from County Cork, Ireland struck up an e-mail exchange with me. His name is Darryl Atchison, and he was putting together a bibliography of Canadian numismatic literature, no easy task considering the Atlantic Ocean would slow down anyone without a computer. As the years rolled by, I would send him some items, and, considering the enormity of such a project, figured that this might fizzle out somewhere along the way. "Oh, me of little faith - what should arrive at my office in December but a monstrous two-volume work of art titled Canadian Numismatic Bibliography. This beautiful set contains 1,114 pages of great information laced with hundreds of photos and illustrations of coins, books, people, and items of ephemera, many seldom seen. There are 95 pages of index to make life easier as we all look to see if our names were mentioned or to actually make our research a bit easier. "Three hundred signed and numbered sets were printed on acid-free paper. A list of 125 original subscribers is present on the page before the index. The work was published by the Numismatic Education Society of Canada, with a grant from the J. Douglas Ferguson Research Foundation. "The two volume work is neatly organized, and after 23 pages of introductions, acknowledgements, and historical background, begins with general numismatics, pre-Confederation coins, medals & tokens and continues for another 1000 pages covering a wealth of written material from all sorts of Canadian resources. "I believe many of Darryl's bibliographies will end up on library shelves where future numismatic writers can go to get a jump-start on their research. Darryl's efforts equal the size of Dave Bowers' two volumes on U.S. silver dollars. Congratulations to all involved in the project." [I had the opportunity to meet Darryl and review the CNB manuscript at Heathrow airport in London last summer. I'm proud to have been one of the charter subscribers to the project and agree with Myron that it's an "instant" classic - a monumental effort that will pave the way for numismatic researchers of the future. Being across the pond in Ireland, Darryl was actually among the last to get his copy of the final printed books. His comments follow. -Editor] Darryl Atchison writes: "I received my copies of the CNB about two and half weeks ago and spent some time looking through the books over the holidays. I was very pleased with both the overall quality and presentation of the books, but I was disappointed with the quality of some of the photos in Chapter 12 - like my own for example (and a few others like it). "However, I was quite surprised at the very high quality of many of the other photos. For example, if you look at a lot of the images (such as the coins, medals and banknotes) under reasonably good magnification, the images don't break apart into dots. I showed the book to my father-in-law yesterday and he spent two hours just going through volume two. He used a magnifying glass which is how I found this out. He has no interest in Canadian numismatics but was still quite impressed, I believe. Anyhow, try out a magnifier for yourself and I think you'll be amazed at what you can see." CANADIAN NUMISMATIC BIBLIOGRAPHY READY FOR PRINTING esylum_v10n26a02.html WAYNE'S LONDON DIARY 1 JULY, 2007 esylum_v10n26a13.html BOOK REVIEW BY JOHN AND NANCY WILSON: WHITMAN GUIDE BOOK OF LINCOLN CENTS [This week John and Nancy Wilson offer their review of the new Whitman 'Guide Book of Lincoln Cents' by Q. David Bowers. -Editor] "A Guide Book of Lincoln Cents" by Q. David Bowers continues the series of “Guide Book” and other “Official Red Book” guides published by Whitman Publishing. This full-color, 304 page paperback covers Lincoln Cents from the speculation about the design before its release in 1909 to a sneak preview of possible designs for 2009. Bowers gives a detailed analysis by year of all information the advanced collector needs to know about that coin. For each year general information about that year as well as numismatic information specific to that year is also given. Detailed prices for all grades as well as certified populations by grade are given by coin. Detailed striking and sharpness are given by date and mint. Full color pictures of the coins show additional details described in the text. The book gives advice on analyzing color and strike as well as information on being a smart buyer. Market realities and establishing fair market prices are detailed. There is information on errors, patterns, and varieties in the series. The book is a must for all advanced collectors of Lincoln Cents. The book may be purchased online from the publisher at www.WhitmanBooks.com as well as from book sellers, coin dealers and hobby retailers for $19.95." BOOK REVIEW BY MIKE MAROTTA: WHITMAN GUIDE BOOK OF LINCOLN CENTS esylum_v10n53a02.html ROYAL CANADIAN MINT CELEBRATES CENTENNIAL [The Royal Canadian Mint issued the following press release on January 2, 2008. Happy birthday! -Editor] One hundred years ago today, Governor General Earl Grey activated the press to strike a fifty-cent piece, Canada's first domestically produced coin. What would become known as the Royal Canadian Mint was officially open for business. "To celebrate the centennial of the Mint is to celebrate the history of Canada," said Mr. Ian E. Bennett, President and CEO of the Royal Canadian Mint. "Over the past century, the Mint has played an important role in the economic and social fabric of our nation, by creating circulation and commemorative collector coins which are a true testament to Canada's rich heritage and values." The Mint's Ottawa facility, which occupies the same premises on which the Mint was founded, produces hand-crafted collector and commemorative coins, gold bullion coins, medals and medallions. Established in 1976, the Winnipeg Mint is a high-tech, high-volume manufacturing facility where Canada's circulation coinage is produced, as well as coins for countries around the world. "Throughout 2008, the Mint is celebrating its employees who, both past and present, have contributed to its remarkable success," added Mr. Bennett. "Their combined efforts and overwhelming dedication have made the Mint one of the most innovative and respected in the world." To commemorate its centennial, the Mint is producing a high-quality limited edition book which will describe the corporation's rich history in both text and photography. Numismatic coins marking this special anniversary will also be issued mid-year. In addition, Canada Post has announced that, in June, it will recognize the occasion by issuing a commemorative stamp in the Mint's honour. This year, the Mint is inviting visitors to stop by its Ottawa and Winnipeg facilities, to take a tour, browse the boutique and be a part of its anniversary celebrations. To mark the occasion, the 100th visitor every day will receive a special commemorative gift. The Mint will also be taking an opportunity on Canada Day to open its doors and celebrate its centennial with fun-filled family activities. To read the complete press release, see: Full Story [We'll look forward to the new book on the history of the Royal Canadian Mint. Is anyone familiar with the project? I was unable to locate a listing for any books on the mint's web site. -Editor] To visit the Royal Canadian Mint web site, see: Royal Canadian Mint DICK JOHNSON ON MEDALS BY THE GORHAM COMPANY Darryl Atchison asked me: "Do you know anything about the Gorham Company - particularly anything on medals they made? I noticed a few pieces in the Stack's December sale but had never heard of this firm before. There is a published history on the company which I found on Abebooks but I don't think it covers anything on their medals." [I had heard of the firm but was unfamiliar with their medals, although later I recalled the Bryan Money medals made by the company. I had forwarded Darryl's query to Dick Johnson, and his response appears below. -Editor] Dick Johnson writes: "Like their life-long competitor, Tiffany & Company, Gorham issued medals as well - but not as many. I have listed just over 100 medals that I can document Gorham made, in contrast to 943 Tiffany medals. "You must be aware there was just no firm in America which could strike large important medals in the later part of the 19th century. If you wanted such a medal you had to have it struck at the U.S. Mint or order it overseas, usually in France or England. There were diesinking firms -- in Boston and New York City -- and a flourishing handful of medal makers in Philadelphia. For the most part, however, these firms did not have a press large enough that could strike a 2-inch or larger medal. "Thus the jewelry companies of Tiffany and Gorham filled the niche for large and important medals. You could order a medal from either of these -- in any size to any specifications -- and they would solve the problem of design, obtaining a qualified artist to create the models and have the medals produced and finished. "Often when the artist received such an order for a medal, he would design and model this, then bring the models to one or the other for production. Some of America's greatest artists did this. Saint-Gaudens used both firms. "Both firms had major sales offices in New York City. But the medals were produced elsewhere, Gorham in their Providence Rhode Island plant, Tiffany in their Newark New Jersey silverware plant. You could think of both firms as 'manufacturing jewelers' but often they would subcontract actual production, in whole or in part, to other manufacturers. "This was to the benefit to all. The customer got the best America could produce, with the prestige of a Tiffany or Gorham name. The jewelry firm found the best artist, the best manufacturer, and could negotiate the best price with these for their continued business. The jewelry firm earned a decent profit, which they certainly deserved for either making or administrating the making of the item, at a decent price for the customer. "That is how Tiffany came to use the services of a tiny medal-maker, Deitsch Brothers and the talents of Henri Weil, in less that a year after this medal maker was established. Notably for Saint-Gauden's Franklin Bicentennial Medal of 1906 (Saint-Gaudens delayed its issuance to 1908 however). Henri Weil went on to purchase the medal business from the Deitschs and build the Medallic Art Company, along with his brother, Felix Weil. The firm began to thrive after World War I. "In the 1920s medal customers began going direct to Medallic Art Company for their important medals. In early 1930s Tiffany gave up any direct manufacturing of medals and sent all their medal jobs to be made by this firm, even though the name Tiffany & Co would appear on the medal. "Gorham did less subcontracting and more production of medals by casting for which they were so proficient. Thus Saint-Gaudens sent them his 1906 Massachusetts Civil Service Reform Association Womens Medallion to be cast. "Among Gorham's first medals were for two New York City theaters (1876), they did medals for five American Expositions (from 1895 Cotton States to 1909 Alaska-Yukon- Pacific), a large number of anniversary medals. But were extremely active in producing municipal war service medals for returning WWI servicemen, as was Tiffany. "An interesting medal history is the William Henry Nichols Medal for the American Chemical Society New York Section. It was first produced by Marcus & Co (a minor jewelry firm) from 1896-1901, then by Gorham from 1902-1937, and finally by Medallic Art Company after 1938. "Gorham employed their own factory artists who created models, Florent Antoine Haller (late 1880s) and Edwin E. Codeman two decades later. Most medal work was by outside artists for the most part." For more images of Tiffany, Gorham Bryan Money medals, see: More Images GLEANINGS FROM RECENT NUMISMATIC PUBLICATIONS [Every now and then I plow through my stack of recent numismatic periodicals and catalogs and note some of the items that catch my eye. As always, your questions and comments are appreciated. What have YOU seen lately that deserves a mention? -Editor] ELIZABETH JONES PRODUCTION PLASTER The January 7, 2008 issue of Coin World has an article (p4) about material relating to former U.S. Mint Sculptor-Engraver Elizabeth Jones in the upcoming Heritage auction (Sale 454, Lot 3430). The "Archive of Elizabeth Jones Appointment Documents and Production Artwork" includes her Senate Resolution (dated September 29, 1981), Presidential Appointment Certificate, Three Sketches for Medals, and a Production Plaster for 1982 the George Washington Half Dollar Obverse. Jones' Washington Half is a groundbreaking coin which opened the door for the torrent of modern commemorative issues to follow. A production plaster pedigreed to Jones would be a centerpiece of any modern commemorative collection. And where else can you get a Chief Engraver's Presidential Appointment Certificate? It will be interesting to see what the lot sells for. Full Story CIVIL WAR MONEY OF S. STEINFELD The Fall/Winter 2007 issue (#14) of The Numismatic Sun from Stack's has a nice article (p14-16) by Q. David Bowers on "Civil War Money Issued by S. Steinfeld". Simon Steinfeld of New York first caught my eye as an issuer of Encased Postage Stamps, but he also issued Civil War Tokens. I collected both. Dave has always been interested in Encased Postage Stamps, and his articles on the topic in The Sun and its forerunner Rare Coin Review helped spark and maintain my own interest in the series. As always, the publication also features a very extensive fixed price list of numismatic literature - a great source for important and hard-to-find books. BEST CHRISTMAS AD My vote for the best Christmas-themed ad from a coin firm goes to Coin Rarities Online, run by Dave Wnuck and John Agre. See the December 17, 2007 issue of Coin World (p66) for an example. It features a Massachusetts Pine Tree Shilling with the tree cleverly decorated for the holiday with colored ornaments and presents below. The copy notes that "no coins were harmed in the making of this ad". The firm's web site features some neat coins and medals. Can anyone tell us more about the 1815 50mm white metal map medal? It has a map of the Western Hemisphere on one side, and the Eastern Hemisphere on the other. Full Story NUMISMATIC IMAGES ON AMERICAN PAPER CURRENCIES The catalog for the January 15, 2008 Stack's sale of the Lawrence R. Stack Collection of numismatic images on American paper currencies. Paper money picturing coins is an interesting topic that has attracted a number of collectors in the past, including former American Numismatic Association President George Hatie. While I never collected them myself, I always appreciated these curious notes. This 189-page color catalog is the most comprehensive treatment ever written on the topic, and it's sure to be a valuable reference work for future collectors. LAWRENCE R. STACK COLLECTION OF ANCIENT GREEK COINS The catalog for the January 14, 2008 Stack's sale of the Lawrence R. Stack Collection of Ancient Greek Coins is a stunningly beautiful record of an important collection of numismatic masterpieces. The photography and presentation are absolutely gorgeous. While there's been much discussion of whether computer technologies are making printed catalogs obsolete, technology is also reducing the cost and increasing the quality of printed catalogs. Long live the catalog! MEET THE INDUSTRY Numismatic News has a section called Meet the Industry. It's unclear to me as a reader if the articles contained within are independently written and edited, or if they're just full-page advertisements in the form of articles. The fine print at the bottom of the page does say "Special Advertisement Section." Perhaps the layout is intentionally ambiguous, although I think the end result is a win-win all around. It's interesting to learn more about the background and history of the firms in our industry, something that ordinary ads don’t always provide. Two of the better ones I've read recently were in the December 25, 2007 issue - Northwest Territorial Mint (p40-41) and Modern Coin Mart (p42-43). COLONIAL JACK & HIS TOKENS The cover article of The Numismatist's January 2008 issue is "In His Shoes: The True Story of Sailor Jean and Colonial Jack" by William D. Hyder. "On a bet ... a Boston newspaperman ... set out in April 1903 to walk to every U.S. state capital under the pseudonym 'Sailor Jean' while pushing a 'trolleyette,' a wheelbarrow made from galvanized iron, wood and a bicycle wheel." As part of the bet his sponsor would publish a book about the journey. To defray expenses, aluminum souvenir tokens were struck and sold along the route. A book never materialized, but the man, John Krohn, made the journey not once but twice, walking thousands of miles each time. Only his tokens live on to tell the tale. A great story and a great article - a perfect example of what makes numismatics such an interesting hobby. See below for a note from Terry Trantow about this article. TAMS JOURNAL, THE NUMISMATIST, AND EXONUMIA ARTICLES Terry Trantow writes: "I find it refreshing that the January 2008 issue of The Numismatist features an exonumia story as their feature item on their cover, while the Token and Medal Society (TAMS) continues to struggle from a lack of such articles and support. "ANA member William D. Hyder has produced a wonderful work about a portion of the life of John Krohn, who had issued two storecards as ‘Colonial Jack’ and ‘Sailor Jean’, circa 1908, to finance his travels across the United States. I see this American Numismatic Association issue as a milestone in its direction of the future of their magazine content. "As a longtime member of both ANA and TAMS, I have to think we may be approaching the time where it may become desirable for these two organizations to combine for the benefit of both numismatists and exonumists. While I would abhor seeing TAMS dissolve as an entity, perhaps becoming part of the ANA may the only way for it to survive [with this most recent ANA issue, perhaps it should become part of TAMS!]. "Coin collecting for the most part today is dull: there is much talk about record coin prices which are beyond the budget of most ANA members, or of mint errors or new US Mint editions, which seem to wish to produce new designs for coin varieties to the Public. "Exonumia offers a far more interesting venue, requiring one to delve into the past to recapture the history of a particular piece. In my opinion, the production of new US coin designs won’t begin to offer competition to the current collector market that exonumia provides." MORE ON HAROLD M. HESS Regarding Mike Greenspan's query about dealer Harold M. Hess, Pete Smith writes: "I wrote a series of articles for Penny-Wise on people important to our hobby. The January 15, 1991, issue had this on Harold Hess: 'Dealer in choice early copper around 1982 to 1984. Stopped dealing abruptly in 1984 because of personal problems.' " Craig McDonald writes: "I too remember Harold's catalogs. At one time I had a full run, but sold them several years ago when by necessity, I had to thin out my holdings of publications. I only bought one coin from him that I remember, my Ryder 16 Vermont. His catalogs were printed on stock with backgrounds that depicted early 20th century newspaper ads, if I recall correctly. I also seem to recall that his last catalog simply stated that for "serious personal reasons" (possible paraphrase) it would be his final catalog." QUERY: HAROLD M. HESS FIXED PRICE LISTS esylum_v10n52a15.html FEDERAL RESERVE PUBLICATIONS Regarding Bob Neale's item about Federal Reserve publications on the Panic of 1907 Len Bailey of Littleton Coin Company writes: "Thanks for the great article. Bob is correct - these publications (along with many others) are still available from the Federal Reserve Bank of Boston. Many of these pubs are available online to view or download at: bos.frb.org FEDERAL RESERVE PUBLICATIONS ON THE PANIC OF 1907 AND OTHER TOPICS esylum_v10n52a06.html THE MINT, YELLOW FEVER AND 1793 PHILADELPHIA NEWSPAPERS Regarding our earlier discussion, Karl Moulton writes: "The 1793 Philadelphia newspapers weren't really interested in the new Mint. They normally printed acts of Congress which pertained to the start up and legal weights of the denominations that were to be issued, but that's about all that was ever seen. "The daily operations were left to the Officers - Mint Director David Rittenhouse & Chief Coiner Henry Voigt, who had there hands full taking care of business within the new establishment. "During the 1793 Yellow Fever epidemic (mid-August through October), the newspapers ceased for the most part. There was only one that continued to print something throughout the ordeal. One must understand the severity of the tragedy and the panic that took hold within the city. There was nobody who could even keep up with the names of the dead - only the number buried at the end of the day. "More about this, and Dr. Rush's involvement can be found in my 'Henry Voigt and Others Involved with America's Early Coinage' book; which includes a March 31, 1792 newspaper citation regarding the establishment of the United States Mint." CONTEMPORARY NEWSPAPER REFERENCES TO PHILADELPHIA MINT SOUGHT esylum_v10n53a08.html ON THE 1922 "NO D" LINCOLN CENT VARIETIES Last week Mike Marotta mentioned Chuck Daughtrey's assertion that the 1922 "No D" Lincoln Cent varieties "are all due to a grease-filled die, not some complicated restoration of a damaged die..." Tom DeLorey, former Senior Authenticator of the American Numismatic Association writes: "Two of the 1922 'No D' cent varieties are indeed caused by grease filling the mint mark in the die, but the third (Die Variety 2) was most definitely caused by the overenthusiastic polishing down of a damaged die." ON THE LEGAL TENDER STATUS OF SCOTTISH BANKNOTES Regarding last week's item about the call to legalize Scottish banknotes for use in England, Martin Purdy writes: "I understand that Scottish notes are technically not even 'legal tender' in Scotland, so it would be a hard task to afford them that status in England! Martin adds: "Here's a reference from Wikipedia, under 'Legal tender': Scottish notes are not legal tender anywhere in the UK, including Scotland where only the coins are officially legal tender. Although this is the case, Scottish notes are widely accepted in return for goods throughout the UK; they have a similar legal standing to cheques or debit cards, in that their acceptability as a means of payment is essentially a matter for agreement between the parties involved. To read the complete Wikipedia entry, see: Full Story [Actually, the article did discuss some of these details, but I cut those parts for brevity. It's an interesting topic. In all the months I spent in London this summer, I only came across one Scottish note in change. If it had been a nicer specimen I would have just kept it as a souvenir for my collection. But it was pretty beat up and to see what would happen, I asked the merchant to exchange it for a Bank of England note. No problem - he gave me another note immediately. -Editor] POLITICIANS CALL FOR SCOTTISH BANKNOTES TO BE HONORED IN ENGLAND esylum_v10n53a16.html DIX NOONAN WEBB ROBBERY REPORTED [As the 2008 FUN show and the anniversary of last year's robberies of dealers following that show approaches, this article about a similar robbery in the U.K. is a timely reminder for attendees of all coin shows to be on their guard at all times. -Editor] A chest of antique coins worth up to £300,000 was stolen by a gang in a sting on two auctioneers as they drove away from a exhibition centre. Experts fear that the collection, which featured two gold coins of priceless historical value, could have been melted down. One of the coins can be dated back to 1826 and was worth up to £35,000. The gang of about six men and two women targeted two men from Dix Noonan Webb, the auctioneer, in South Kensington, London, when the coins had been displayed at Earl’s Court Exhibition Centre. It is believed that the gang sabotaged the men’s car and followed them from the centre. Details of the elaborate sting have only just been released by the police as they continue to hunt for the gang. Detective Sergeant Neil Phillpot, from Notting Hill CID, said: “We believe this was an organised crime involving at least seven suspects. We are keen to trace them and believe they may be from Central or South America.” Piers Noonan, of the auctioneers, said: “One five pound coin made in 1826 during the reign of George IV was worth £30,000 to £35,000 alone. “We can trace its history from a Sotheby’s sale in 1854. It has always been rare and always been appreciated. It’s so rare it’s recognisable to collectors and almost unsellable in the public domain. “The people who stole it got it for nothing and may just melt it down for a scrap dealer for about £500.” A mint condition £2 coin worth £15,000 to £18,000 and smelted in 1820 was also among the collection, which also included rare coins from Tibet, Austria, France, Australia and Burma. Mr Noonan added: “It’s a huge loss. What we are talking about are several items which are unique and have been cherished for 200 years which could now be in a melting pot. It’s very disrespectful. To read the complete article, see: Full Story FUN SHOW COIN HEIST NETS $4 MILLION HAUL esylum_v10n02a10.html FBI REOPENS D.B. COOPER HIJACKING CASE [In the past we've discussed various kinds of currency associated with crimes, such as the ransom money from the Lindbergh Baby kidnapping and airplane hijacker D.B. Cooper. This week there was a story on National Public Radio noting that the Federal Bureau of Investigation is reopening the D.B. Cooper case. The NPR was site has the text of the article and images of some of the recovered notes paid to this enigmatic criminal. -Editor] Last month, the agency reopened the case of the airline hijacker known as Dan "D.B." Cooper, who bailed out of a Northwest Orient airplane with $200,000 in extortion money in 1971. Cooper vanished after the jump, and his true identity has never been discovered. Now, the FBI is releasing sketches of the legendary hijacker, a map of the area where he could have landed and a handful of photos from the case. They've also unveiled a Web site dedicated to solving the crime. "Help us solve the enduring mystery," the Web site entreats. "Who was Cooper? Did he survive the jump? And what happened to the loot, only a small part of which has ever surfaced?" FBI agent Larry Carr said he hopes the clues will jog someone's memory. The mystery unfolded the night before Thanksgiving in 1971 when a man calling himself Dan Cooper used cash to buy a one-way ticket to Seattle at the Northwest Orient Airlines (now Northwest) counter in Portland, Ore. During the flight, Cooper handed the flight attendant a note saying he had a bomb in his briefcase and wanted $200,000 in $20 bills and four parachutes. When the flight landed in Seattle, Cooper took the money and parachutes and let the 36 passengers go. He then directed the pilot to take him to Mexico City. At about 8 p.m. — somewhere between Seattle and Reno, Nev. — Cooper went to the back of the plane and jumped into the pitch black night in the midst of a driving rainstorm. The plane landed safely, but no trace of Cooper was ever found. Nine years later, 8-year-old Brian Ingram found $5,800 of the extortion money when he was vacationing with his family. Ingram, who is now 36 and lives in Mena, Ark., said he found three bundles of deteriorated $20 bills while looking for firewood on the sandy banks of the Columbia River near the Washington-Oregon border. Ingram said he got to keep only half of the money — the other half was turned over to Northwest's insurance carrier, which had paid the $200,000 extortion. To read the complete article, see: Full Story To view the FBI D.B. Cooper case page, see: Full Story RAISING HELL: PRICE OF HELL MONEY HAS GONE UP Michael Sullivan writes: "I thought your E-Sylum readers would be interested in this article from the New Straits Times, Aug. 20, 2007: “Paying More for ‘Hell’ Currency” by Sim Bak Heng Johor Baru (Malaysia): Currency appreciation is not restricted to this world. It happens in the netherworld as well. Since July 1, the value of “hell” currency has gone up. And people have had to fork out up to 20 percent more to buy the paper money commonly burned as an offering to the dead during the Hungry Ghost Festival which began last Monday. But this is not all. The prices of joss sticks, candles and the paper items such as cards, planes, houses and servants traditionally offered, have also gone up by 10 to 25 percent. The Malaysia Worship Items Dealers Association said the higher prices for these items, mostly imported from China, was inevitable because of the appreciation of the yuan and the withdrawal of subsidies for the manufacturing in China. FORBES ARTICLE ADVOCATES PRIVATELY-PRINTED CURRENCY [On New Year's Eve David Kranz of Numismatic News posted a blog entry discussing an article from Forbes magazine suggesting that the same scanners that read prices in stores could process "home-printed money" as well. Nick Graver also noticed the article. He writes: "Two authors (Ian Ayres & Barry Nalebuff) advocate printing 'money' at home on the computer, which then is used for 'one-time' payment of a purchase." Here are some excerpts from the Forbes article. -Editor] The U.S. Treasury makes money the old-fashioned way, by printing it. While greenbacks have lots of positives, we think the Treasury should let others get into the business of issuing money. If people could do it themselves, the result would be an even better currency. That's right. Why not print money at home on your laser printer rather than go to the ATM? Today, we can do this with stamps; the illustration shows postage produced by stamps.com. Security doesn't have to come from the Crane paper stock, the engraving or a metal strip inside the note. It could come from a two-dimensional bar code. When you give your money to the merchant, the merchant would scan it to ensure that the note is valid. After the scan the merchant can then just throw your cash away. No need for Brink's trucks and security. The scan could accomplish the transfer of balance. In essence, you would have single-use money or a single-use debit card. There are several ways in which bar-code money beats dead-president money. For starters, if you lose your wallet, you could cancel the notes and get a refund. In addition, your cash could be earning interest. When you go to print cash, money would be taken out of your bank account and cached in an escrow account. Until the money is spent, you could be credited with interest. Just as people buy custom ringtones for their phones, you would be able to buy custom images for your cash. Indeed, you could even spend money with your picture in place of Andrew Jackson's. Citibank puts your picture on credit cards. Why not have your picture on cash? We are already close to making this work. Most stores have scanners to read price tags. The same scanners could read your notes. You might still need old-fashioned currency to pay taxis or newsstands, so our proposal makes more sense for eliminating $20, $50 and $100 bills. Telephone calling cards are essentially cash in the form of a PIN code. Here the PIN would be printed on the note. Single-use credit card numbers are essentially a way of printing your own money. It is worth emphasizing that what we propose is not a return to the free-currency chaos of the 19th century, when banks issued notes backed sometimes by gold and sometimes by nothing but hopes. The bar-code notes would be backed by genuine U.S. Treasury dollars. When you print your note, your money is put aside until the note is cashed. To read the complete article, see: Full Story To read "We can do it with stamps, why not currency?" by David Kranz', see: Full Story 40-104df9d3ddae.aspx DENVER MINT OKLAHOMA QUARTER STRIKING CEREMONY PLANNED "A ceremony commemorating the striking of the Oklahoma quarter is next week in Denver. "Gov. Brad Henry and first lady Kim Henry are scheduled to attend the ceremony set for Wednesday at the U.S. Mint's plant in Denver. "The tail side of the Oklahoma quarter is a design depicting Oklahoma's state bird — the scissortail flycatcher — in flight with its tail feathers spread. The bird is in the center of the coin, with a field of Indian blanket wildflowers around the bottom half. At the top is the word Oklahoma and just below that is the year of statehood, 1907. "Henry asked Oklahomans to come up with suggestions for the state's quarter. Nearly 1,000 submitted written ideas. Oklahomans were given the chance to vote online for their favorite designs; the top five choices were sent to the mint. The U.S. Commission on Fine Arts selected the design. "The other four final designs depicted the Pioneer Woman statue in Ponca City, which is of a woman and child that is meant to honor the courage of the homesteaders who came to Oklahoma. The designs featured other elements meant to convey the state's history and character, including oil derricks, a peace pipe, a windmill and the state's shape." To read the complete article, see: Full Story FACETED GOLD BAR MONEY FOUND AMONG REMAINS OF ANCIENT CIVILIZATION [Nick Graver forwarded this article about an interesting archeological find at the bottom of a Russian lake. Among the artifacts discovered were what the article called "a faceted gold bar, which was a monetary unit of the time" and "gold wire rings used as small change". Is anyone familiar with such numismatic items? -Editor] "An international archeological expedition to Lake Issyk Kul, high in the Kyrgyz mountains, proves the existence of an advanced civilization 25 centuries ago, equal in development to the Hellenic civilizations of the northern coast of the Pontus Euxinus (Black Sea) and the Mediterranean coast of Egypt. "The expedition resulted in sensational finds, including the discovery of major settlements, presently buried underwater. The data and artefacts obtained, which are currently under study, apply the finishing touches to the many years of exploration in the lake, made by seven previous expeditions. The addition of a previously unknown culture to the treasury of history extends the idea of the patterns and regularities of human development. "Last year, we worked near the north coast at depths of 5-10 metres to discover formidable walls, some stretching for 500 meters-traces of a large city with an area of several square kilometers. In other words, it was a metropolis in its time. We also found Scythian burial mounds, eroded by waves over the centuries, and numerous well preserved artifacts-bronze battleaxes, arrowheads, self-sharpening daggers, objects discarded by smiths, casting molds, and a faceted gold bar, which was a monetary unit of the time. "Some artifacts are stunning. A 2,500 year-old ritual bronze cauldron was found on the bottom of the lake. The subtlety of its craftsmanship is amazing. Such excellent quality of joining details together can be presently obtained by metalwork in an inert gas. How did ancient people achieve their high-tech perfection? Also of superb workmanship are bronze mirrors, festive horse harnesses and many other objects. Articles identified as the world's oldest extant coins were also found underwater-gold wire rings used as small change and a large hexahedral goldpiece." To read the complete article, see: Full Story VENEZUELA REVIVES THE LOCHA COIN DENOMINATION [An article published New Year's Day on Bloomberg.com discusses the revival of an old Spanish-based coin denomination in Venezuela - the locha. Here are some excerpts. -Editor] Venezuelan President Hugo Chavez's latest effort to reduce Latin America's highest inflation rate revives a coin rooted in Venezuela's colonial past: the ``locha,'' based on the old Spanish ``piece of eight.'' The locha is worth 12.5 cents, or an eighth of a new ``strong bolivar,'' a currency that debuted today with seven new coins and six new bills. Chavez says the new bolivar, created by lopping three zeros off the old currency, will simplify pricing and help slow consumer price increases. ``During the 1940s and through the 1960s, the locha was one of the most popular coins,'' Armando Leon, a director of the central bank, said in an interview in Caracas. ``It circulated during a very long period of stability.'' Chavez may be bringing back the locha to restore confidence in the economy amid the fastest inflation in almost five years and shortages of milk, eggs and sugar. The locha was an adaptation of a 19th-century coin called the ochava, Leon said. Both were derived from the ``piece of eight'' monetary system imposed by Spanish colonial rulers. The locha used to cover the cost of a bus ride and a loaf of bread, said Enrique Bernal, a professor at the Universidad Central de Venezuela, who has published a magazine on coin collecting for the Venezuelan Numismatic Society since 1980. It was so common that people used it to measure food, ordering cheese by the locha, he said. Some shoppers insist the locha will mean higher, rather than lower, prices. ``The store is always going to round up,'' said William Vivera, 34, an electrician in Caracas. ``The locha's going to be hard to manage for consumers and for stores.'' To read the complete article, see: Full Story ZIMBABWE REVERSES DECISION TO PHASE OUT ZIM$200 BANKNOTE According to news reports, "Zimbabwe's central bank on Monday reversed its decision to phase out a ZIM$200 000 banknote and pumped ZIM$33-trillion into markets to try ease a severe cash shortage that has left thousands of shoppers stranded. "Banknotes have recently joined the growing list of items in short supply, with thousands of desperate consumers besieging banks in the run-up to the Christmas and New Year holidays. "Central bank governor Gideon Gono, who said the bulk of the country's currency was outside the banking system, blames the banknote shortage on a rampant black market and foreign currency trade. "Earlier this month, Gono introduced ZIM$750 000, ZIM$500 000 and ZIM$250 000 notes and announced that the ZIM$200 000 bill - which he says is mostly used by foreign currency traders - would be put out of circulation on January 1. "All banks in Harare's central business district were flooded with customers hoping to withdraw money ahead of the New Year holiday on Tuesday. "Gono said the cash crisis is a sign of an ailing economy, which critics blame on Mugabe's controversial policies such as the seizure of white-owned farms to resettle landless blacks." To read the complete article, see: Full Story GEORGIA COUNTY HONORS CIVILIAN HEROES WITH COMMEMORATIVE MEDALS [An E-Sylum reader forwarded this story about a county in the state of George which honors civilian heroes with commemorative medals (called "coins" in the article. -Editor] The Placer County Board of Supervisors honored eight people this month for outstanding community service, presenting them with commemorative coins created for a county citizen-recognition program. The board created the program in December 2002 to recognize outstanding citizens who have long track records of community service, have performed heroic acts or participated in little-known, but commendable feats. Supervisors choose recipients from their districts. The commemorative coins feature the county seal on one side. On the other side are the word "hero" and the image of an eagle with a star and sun rays in the background. That second side of the coin was designed by J. Randal Smith, an Auburn native who is a nationally known artist. His design won a competition coordinated by the Arts Council of Placer County. To read the complete article, see: Full Story LESSON FOR NUMISMATIC RESEARCHERS: VERIFY YOUR SOURCES The rumor-squashing web site Snopes.com recently followed up on a story involving New York's mayor Fiorello La Guardia. There's no numismatic content to the story, unless you count collecting 50 cents from every person in a 1935 courtroom as numismatic. But the account of the researcher's steps in verifying the source of the story is enlightening and inspirational for numismatic researchers. To read the complete article, see: Full Story LESSON FOR NUMISMATIC BUYERS: DON'T BELIEVE EVERY PROVENANCE TALE YOU HEAR Speaking of unverified stories, E-Sylum readers know one should always be wary of tales told by sellers of numismatic items. One recent eBay lot is a case in point. I won't publish the specifics, but someone in the know clued me in to the real story. The seller wrote a tale about how the lot was an old time collection of large cents found in his family home, full of "Old Stuff from the 1920's to the early 1990's". Included was a family tree and pictures of the coins displayed in a Whitman album. There are no close ups of the coins, which look like brown blobs in the photo. The real story? One of our subscribers sold this very same Whitman album (empty) to the seller a few weeks ago. The album bears a Whitman logo that was used only in 1972, yet the seller talks about the collection's owner passing in 1965! FOOTBALL COIN HUMOR Dick Johnson writes: "Thanks to Mona Ridder of the Cumberland Times-News who found this on the Internet: A guy took his blonde girlfriend to her first football game. After the game, he asked her how she liked it. “Oh, it was great.” she replied, “especially the tight pants and all the big muscles. But I just couldn’t understand why they were killing each other over 25 cents.” Dumbfounded, her date asked, “What do you mean?” “Well, they flipped a coin, one team got it and then for the rest of the game, all they kept screaming was: ‘Get the quarterback! Get the quarterback!’ I’m like ... Helloooooo? It’s only 25 cents!” FEATURED WEB PAGE: 1799 PETER KEMPSON CALENDAR MEDAL This week's featured web page is from the Birmingham Museum & Art Gallery, featuring a calendar medal designed by Peter Kempson. "This calendar medal for 1799 was designed to be carried in the pocket or purse and is a kind of forerunner of the modern pocket diary. The obverse gives the date of every Sunday in the year, plus some key dates from the Christian calendar. On the reverse are the dates of the new and full moons, the law terms and certain important anniversaries." 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. |
|