Dave Hirt questioned the story that dealer Paul Seitz was Tom Elder's son-in-law.

On December 24, 1996 at 4 PM , sitting at my kitchen table, the late R.E. "Ted" Naftzger sold me a Gem Uncirculated 1793 Chain Ameri. cent that he'd acquired from Paul Seitz for $1,000 in 1946. It had not seen the light of day between 1946 and 1996 and was not ever shown or even mentioned to Dr. Wm. H. Sheldon (hence its absence from mention in Penny Whimsy) during his many visits and transactions with Ted - for a variety of reasons, some of which we can imagine.

During that Christmas Eve transaction, as I fondled the "raw" shimmering Chain cent, Ted told me that Paul Seitz was Tom Elder's son-in-law. Ted knew both Tom Elder and Paul Seitz. So that lends credence to the story that there was a relationship between the two.