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The E-Sylum: Volume 10, Number 47, November 18, 2007, Article 18 LEGEND NUMISMATICS SELLS U.S. PATTERN COLLECTION [I wasn't going to include this Associated Press story because of the complete lack of specifics, but since several readers forwarded it, it's at least worth mentioning. Here are some excerpts. -Editor] "An anonymous buyer has paid more than $30 million for a collection of rare U.S. prototype coins, some from the 1700s, that never went into circulation, according to the dealer that brokered the deal. "The collection consists of about 1,000 coins that collectors refer to as pattern coins — trial designs that never went into production because the U.S. Mint chose other designs. "'This collection is an incredible collection. ... These were some of the first coins ever, ever struck by the United States government,' said Laura Sperber, a partner in Legend Numismatics of Lincroft, N.J., which brokered the deal. "The coins span the period from 1792 to 1942. Highlights include test designs for the first pennies made in 1792 and six coins from 1872 that are often referred to as 'Amazonian' patterns because the female figure portraying liberty is much stronger and regal looking than earlier versions." [The anonymity of the buyer and seller, and the spotty coverage of the contents of the collection makes this an article of little use to numismatists. Hopefully the numismatic press will follow up on this and learn a little more. -Editor] George Fuld writes: "Someone who had such a large pattern collection should not be anonymous." To read the complete article, see: Full Story [The New York Times mentioned this sale today in an article about the increasing value and interest in collectibles of all types. -Editor] To read the complete article, see: Full Story Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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