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The E-Sylum: Volume 25, Number 4, January 23, 2022, Article 21

NYT: HARVEY G. STACK DIES AT 93

The New York Times published an obituary of Harvey this week. Here's an excerpt - see the complete article online (and spot the errors...) Thanks to Arthur Shippee for passing this along. -Editor

viewing coins at Stacks Harvey G. Stack, the patriarch of the family firm that bills itself as the nation's largest rare coin business, died on Jan. 3 in New York. He was 93.

His death was confirmed by his son, Larry.

Mr. Stack joined Stack's Rare Coins as a teenager in 1947, 14 years after his father and uncle transformed what his great-grandfather had founded in 1858 as a foreign exchange house in Lower Manhattan into a dealership devoted exclusively to collectible currency.

I had worked virtually every moment that I wasn't in school, he wrote in a history for the company.

The firm begun in the 19th century by his great-grandfather Maurice got into numismatics as a sideline, buying and selling collector coins and currency in addition to its primary function in foreign exchange.

He drew a distinction between coin collectors, whom he courted assiduously, and investors.

If a collector and an investor had to abandon a sinking ship, the collector would take with him the rarest and most aesthetically appealing pieces without regard to market value, he told The Times in 1977. The investor would try to take as much of his coins as possible, starting with the most valuable.

To read the complete article, see:
Harvey G. Stack, Leading Dealer in Rare Coins, Dies at 93 (https://www.nytimes.com/2022/01/22/business/harvey-g-stack-dead.html)

WBNA E-Sylum ad Sale 21  



Wayne Homren, Editor

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