PREV ARTICLE
NEXT ARTICLE
FULL ISSUE
PREV FULL ISSUE
V11 2008 INDEX
E-SYLUM ARCHIVE
The E-Sylum: Volume 11, Number 9, March 2, 2008, Article 18 BOB EVANS ON THE S.S. CENTRAL AMERICA J. L. POLHEMUS COUNTERSTAMPS [Geologist, historian and curator Bob Evans is a longtime E-Sylum reader, and this week he provides us with an interesting submission on the J. L. Polhemus counterstamsps (which I mistakenly described as "J. H. Polhemus" last week). -Editor] The E-Sylum is always fascinating, and sometimes it drifts into subjects with which I have personal experience. Such was the case last week when Wayne’s Numismatic Diary (February 19) covered the recent meeting of his Northern Virginia numismatic social group. I wish I could have been at that meeting, particularly when Dave Schenkman and Joe Levine shared their stories of the Polhemus counterstamped double- eagle. According to Wayne’s Diary, “The Sacramento, CA pharmacist stamped a number of U. S. coins, but only one gold piece.” Although my own numismatic experience stretches only back to 1988, when my crewmates and I discovered the shipwreck site of the S.S. Central America, that experience has encompassed the discovery of three pieces with Polhemus counterstamps. While it is true that for years the only such counterstamp on a gold coin was the one handled by Joe and then Dave, the shipwreck yielded two more double- eagles so stamped, as well as one half-dollar. Collectively, the double-eagles may be the most impressive “store cards” ever produced. The stamp reads, “J. L. POLHEMUS / DRUGGIST / 190 J. ST. COR. 7th / SACRAMENTO CAL.” The lines bearing the Polhemus name and the city name are arranged in a slight arc and an inverse arc respectively, creating an attractive “football- shape” for the design. Perhaps the most charming aspect is that beneath the man’s name is a tiny mortar and pestle figure, the universal symbol of the pharmacy trade. As the curator of the S.S. Central America treasure it was a great privilege and honor to handle the contents of this accidental time-capsule for the first time, and I made many discoveries, if not for numismatics then certainly for myself. I found the first Polhemus counterstamp in my shipboard laboratory in 1989 while we were still at sea. After each dive, before locking up the treasure I performed preliminary cataloguing, and I tried to be as detailed as the encrusting rust and mineral deposits on the coins and ingots would allow. When I first saw the counterstamp there was something incongruous about it. Through the rust I could see lettering stamped around the stars and sunburst over the eagle’s head on the reverse of an 1855-S double-eagle, making it somewhat resemble a Type II or III to my novice’s eye. I immediately knew something was unusual about this coin, so I fully conserved it over the next few days to reveal the full details and the wonderful counterstamp. I had previously found a “W. W. LIGHT / DENTIST” counterstamp on a Wass Molitor 1852 $10 piece, so I was already familiar with the practice of counterstamping. Both the Polhemus and Light counterstamps were illustrated in Walter Breen’s July 1990 article in The Numismatist (V. 103, No. 7) “The SS Central America: Tragedy and Treasure.” The second Polhemus discovery came many years later. After a decade of legal wrangling over rights, wrongs, ownership versus salvage, and other aggravations, I commenced curating (conserving if you prefer) the bulk of the treasure, in cooperation with Dwight Manley and the California Gold Marketing Group. One of the last groups of coins I tackled were what I called “clusters,” coins firmly bound together by the rust and minerals. As I separated the double-eagles so encased, out popped an uncirculated 1856-S with a Polhemus counterstamp on the obverse, slapped across Liberty’s shining face like a bizarre tattoo. Coin World (June 25, 2001) quoted me as saying, “Wow! That’s incredible!” at the moment of discovery, although my actual words may have been a bit more colorful and unprintable in a family publication. That same issue of Coin World describes the earlier known coin discussed at the meeting in northern Virginia as “an 1857-S double eagle that was part of the Dr. Hudson Collection for many years.” It also reports the price at auction, $48,300 for the counterstamped 1855-S first found in the treasure: obviously a marvelous coin with many great stories. [As I read Bob's email I realized that I had indeed seen references to the Polhemus counterstamped gold coins from the S.S. Central America, so my remark of the uniqueness of the piece is question was indeed incorrect. I'll blame it on the wine. Thanks for the correction, and the great story of how these other pieces came to light from the wonderful time capsule of the S.S. Central America recovery. As for the Dr. Hudson piece, it is NOT the same one handled by Joe Levine and Dave Schenkman - that one ended up in the collection of Ray Byrne of Pittsburgh. The Byrne specimen was unique in gold at the time (although many Polhemus counterstamps were already known on silver coins). Dave Schenkman writes: "I knew about the other gold Polhemus from the Numismatist story, where it was illustrated. Dr. Hudson was also from Pittsburgh, and later moved to Texas. He had some great tokens; Van Ormer and I bought some of his Civil War tokens, and also his sutler collection. But, he didn’t own the Polhemus counterstamp I bought from Joe." -Editor] 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 | |
PREV ARTICLE
NEXT ARTICLE
FULL ISSUE
PREV FULL ISSUE
V11 2008 INDEX
E-SYLUM ARCHIVE
Copyright © 1998 - 2024
The Numismatic Bibliomania Society.
All Rights Reserved.
NBS Home Page
Contact the NBS webmaster