The E-Sylum:  Volume 9, Number 15, April 9, 2006, Article 13

NOE BEHIND NEW GOLD COINS; PUSHED FOR PALLADIUM

Tom DeLorey writes: "The Sunday, April 2 Toledo Blade has an
amazing article which reveals that Tom Noe was the driving
force behind the creation of the 2006 one ounce .9999 find
gold bullion coin bearing the image of Fraser's 1913 Buffalo
nickel, and the 2007 and subsequent half ounce .9999 fine
gold "First Lady" coins.

If Mr. Noe is ever convicted of anything (and of course he
remains innocent until proven guilty), does this mean that
righteous collectors should boycott these coins?

If not, should we at least refer to the one ounce Buffalo
Nickel coin as the "Noe Bull Chit?"

[The lengthy article quotes coinage committee member Ute
Wartenberg Kagan, executive director of the American Numismatic
Society, Scott Travers, and several government officials.  In
addition to the gold bullion coins, Noe suggested a palladium
coin as well.  The following are some brief excerpts. -Editor]

"Last week, Greg Weinman, the Mint's senior counsel and ethics
official, told The Blade that the Treasury Department's inspector
general had opened an investigation into Mr. Noe's role as a
member and chairman of the Citizens Coinage Advisory Committee,
a panel that advises the Treasury secretary on themes and designs
for coins and congressional gold medals.

In May, 2003, the White House and House Speaker Dennis Hastert
recommended that Mr. Noe get a seat on the influential 11-member
committee. Treasury Secretary John Snow appointed Mr. Noe, less
than six months after the Toledo-area coin dealer expressed
interest in joining a Mint committee to Henrietta Fore, then
director of the Mint.

I have always had interest in getting more involved on the
national level, Mr. Noe wrote to Ms. Fore."

To read the complete article, see: Full Story

[A commercial web site claims that "In 1967, Tonga issued
palladium coins on the occasion of the Coronation of King
Taufa Ahau Tupou IV, thereby achieving a world's first."
Is that true?  Were the first palladium coins issued by Tonga?
Full Story  -Editor.]

  Wayne Homren, Editor

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