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V4 2001 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 4, Number 24, June 10, 2001, Article 6 PENNYPACKER HETTRICH AUCTION In response to last week's mention of the Pennypacker auction of the Leonard M. Holland Large Copper Cent Collection", George Fuld writes: "There was another "famous" or infamous, as the case may be, of an auction by Pennypacker in 1959. They somehow came into possession of the Dr. George Hetrick collection of tokens which they auctioned off in THREE lots. One was a collection of over 5,000 different civil war tokens, which went up for sale as a lot--only two bidders were involved, a consortium of Thomas Warfield-Melvin Fuld and Ben Douglas and collector Don Miller of Indiana, PA. The lot went to Miller, who bought it for about $2,500 for a photography store owner in Pittsburgh (his name escapes me at present). He did lend us the inventory list of the collection, which was used for new varieties of pieces, plus estimates of rarity. The new owner died several years later and the collection is still held, to my knowledge, by his family. There was an amazing lot of Hard Times (some 150 or so by Low numbers) which went for a Similar price to Miller. The third lot was a collection of Pennsylvania tokens only, which included the excessively rare Goodyear piece and most other known issues, which went in the $1,500 range. Today the 3 lots would bring way over $150,000 I would assume. I hope this is of interest--I do not have a copy of the printed auction, so this is from 40 some year memory."

Wayne Homren, Editor

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