American Numismatic Biographies author Pete Smith submitted this
article on coin dealer J. V. McDermott. Thanks!
-Editor
The McDermott 1913 Liberty Nickel
J. V. McDermott
Two weeks ago I wrote that "James V. McDermott never owned a 1913 Liberty Nickel". I will
start the story with the listing for McDermott as it appeared in American Numismatic
Biographies (ANB) on the morning of Friday, November 25, 2022.
McDermott, James V. "Mac" Collector (ca. 1898 d. 9/29/1966)
Born in Iowa. Married to Elizabeth "Betts." (She died 12/18/67. Her obituary in CW did not
mention her first name or maiden name.) Employed as a steeplejack and later in the vending
machine business.
Coin dealer in Milwaukee. In about 1957 his wife was driving alone when her car stalled on a
railroad track. She abandoned the car shortly before it was hit by a train and $25,000 worth of
coins were scattered. Most were recovered. Mac carried a newspaper clipping that reported him
dead in that accident.
He was best known as the owner of a 1913 Liberty nickel purchased in 1942. He exhibited it
extensively both at public shows and privately among friends. It was shown so extensively that it
was rumored to be more than one place at the same time. Although there is no doubt that
McDermott owned a legitimate coin, he may also have occasionally exhibited an altered coin.
He died in a hospital in South Milwaukee, Wisconsin.
On that morning I set out to find his birthdate to improve the listing. I ran into problems. I could
not find him in the U. S. Census or the other references I use frequently. There were two obvious
possibilities. Either his name was misspelled in the Census or his name is misspelled in ANB.
His name appears in print most often as J. V. McDermott. A search of the Newman Numismatic
Portal has 678 listings for J. V. McDermott and just 24 listings for James V. McDermott.
The first reference as James was in Coin World in 1968.
Eventually I found listings for John Vere McDermott that matched other known facts. I went
back to the Newman Numismatic Portal and found two references to John Vere McDermott in
Heritage auction catalogs from 2010 and 2014. Those listings give his date of birth as November
10, 1897, which matches what I found.
Although The Numismatist gave his place of birth as Iowa, the Census gives it as Wisconsin and
I will go with that. His parents were Patrick McDermott, a railroad yard foreman and Elizabeth.
The ANB listing was incorrect for thirty years and no one complained. It should be corrected
when the Newman Numismatic Portal is updated in January of 2023.
To read earlier E-Sylum articles, see:
J. V. MCDERMOTT AND HIS 1913 LIBERTY HEAD NICKEL
(https://www.coinbooks.org/esylum_v16n28a15.html)
NOTES FROM E-SYLUM READERS: NOVEMBER 27, 2022 : Smith Teases 1913 Liberty Nickel Article
(https://www.coinbooks.org/v25/esylum_v25n48a12.html)
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@gmail.com
To subscribe go to: https://my.binhost.com/lists/listinfo/esylum
Copyright © 1998 - 2024 The Numismatic Bibliomania Society (NBS)
All Rights Reserved.
NBS Home Page
Contact the NBS webmaster
|