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The E-Sylum: Volume 23, Number 15, April 12, 2020, Article 13

ELDERT AUGUST BONTEKOE II (1954-2020)

In an email to clients of Pegasi Numismatics, Nick Economopolous writes:

Eldert Bontekoe "It is with great sadness that we announce the passing of my friend and longtime business partner Eldert Bontekoe. In recent years Eldert was diagnosed with a heart condition, and ultimately that caused his death. Eldert was a big man, with a big heart. He was always willing to help fellow dealers as well as his friends and customers. Eldert was passionate about our hobby and believed that it was important to educate our customers. He loved coins and antiquities, and his passion was evident to all. We spent 26 years together as business partners, and I will miss him greatly. Our hobby has lost a dear friend and a good man.

"Please continue to check our website for any updates. Our next Auction catalog will move forward as planned, posted at the end of the month. Eldert was particularly proud of the selection of coins that will be available in this upcoming auction!"

Jack Howes writes:

"Eldert was a great guy. You could not ask for a more honest or knowledgeable dealer. He was always willing to spend time talking even if you didn't buy much."

Kerry Wetterstrom writes:

"Eldert was a quiet, unassuming man, who loved his history and his coins. I was able to spend about an hour or so with him last November at the annual Michigan State Numismatic Society Convention, and he was looking forward to retirement and being a private collector again. At the recent New York International Numismatic Convention, he purchased several coins from our firm for his own collection, and his renewed passion for collecting coins was evident. This makes his untimely death even more sad.

"Eldert Bontekoe was a gentle giant in the ancient coin business, literally and figuratively, and he will be greatly missed by us all."

Shanna Schmidt writes:

"I can't remember the first time I met Eldert but it must have been at one of the coin shows I attended with my father before I was in the business. Eldert was quiet and if you didn't give him a chance you probably wouldn't know how nice he was. Over the years as I got to know him and Nick Economopolous I came to see another side of Eldert. A man with wisdom to share and generosity to give. When I first became an independent dealer I remember attending the NY International that January. I had literally just started on my own and had no inventory at all aside from the few coins I purchased while still collecting and some recent auction purchases. I went around to the dealers at the show to see if I could sell a few coins and introduce myself again as Shanna Schmidt Numismatics Inc and not simply Harlan Berk's daughter.

One of my first stops was Pegasi. Nick and Eldert showed me an incredible amount of compassion by looking through what I had, giving me advice on pricing (which I took and it holds true today!) and buying a few pieces. They could have shooed me away but they didn't and for this I will always be grateful. When Nick told me at the Atlanta National Money Show just recently that he would be going out on his own I was saddened to hear this. It clearly wasn't a decision that he made lightly since he and Eldert were a strong team. I suppose that the end was already in sight for Eldert and most likely for the well being of Pegasi they made this hard decision.

If someone asked Eldert if we were friends I'm sure he would've said not really but he has left an indelible mark on my experience in the coin business whether he knew it or not. I'm saddened by his passing during the COVID-19 crisis as we can not fully honor Eldert during this time of crisis. He will be sorely missed in the coin community."

To read a CoinsWeekly article, see:
Eldert Bontekoe (1954-2020) (https://coinsweekly.com/eldert-bontekoe-1954-2020/)

Thanks to Jack for passing the information along. Eldert's writings include the 1999 pamphlet 1000 AD : The end of the first millennium and the 1992 book (with Alex Malloy and others) Price guide to medieval coins in the Christian J. Thomsen Collection. Here's an excerpt from Eldert's online obituary. -Editor

Eldert was a published author, speaker, and a professional numismatist for over 40 years. He was a collector of history for as long as anyone can remember. He achieved the level of Eagle Scout in 1970. The same year he began his professional numismatic career, working part time for a local coin shop. In 1972, he graduated from Grosse Pointe North High School and he started his own business selling US, ancient and medieval coins. He graduated the University of Michigan in 1976 with a Baccalaureate degree in Mechanical Engineering. He immediately went on to become a program manager in Automobile Emissions and Fuel Economy for the EPA. He worked his way up to eventually retire from the EPA as the President of the Emission Compliance Consultants. While working for the EPA, he began building the company, many of us know him for, Pegasi Numismatics, which was launched in 1982. He partnered with Nick Economopolous in 1994 to establish the Pegasi Numismatics that is known around the world and still successfully running to this day.

Eldert had many interests other than coin collecting. He had a profound love of poker. He enjoyed taking trips to Vegas and other casinos around Michigan where he could be found at the poker table! He loved playing the game, but anyone who has had the pleasure of talking with him would know that he always joked about having bad luck! He travelled to many places around the world often seeking a concert, play or museum along the way.

Eldert enjoyed spending time with his family. He loved gathering for holidays and spending the day at the family cottage. He is survived by a brother, Paul Bontekoe (Susan) and sister, Leslie Michalzuk (Ken). He was very proud of his nephews/niece and great nephews/niece as well: Jaime Bontekoe (Lily, Isaac August), Jessica Dinda (David), Kenneth Michalzuk (Lauren Donovan) and Kevin Michalzuk (Amanda; Henry).

To read the complete obituary, see:
Eldert August Bontekoe March 21, 1954 - March 30, 2020 (https://www.tributearchive.com/obituaries/12609531/Eldert-Bontekoe)

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Wayne Homren, Editor

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