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The E-Sylum: Volume 26, Number 23, June 4, 2023, Article 10

VIDEO: OHIO RARE COIN FUND SCANDAL

The David Lisot Video Library on the Newman Numismatic Portal can be found at:
https://nnp.wustl.edu/library/multimediadetail/522852

We highlight one of his videos each week in The E-Sylum. Here's one from 2007 about Tom Noe and the Ohio Rare Coin Fund scandal. -Editor

  COINGATE Ohio Rare Coin Fund Scandal title card

Beth Deisher "Coin World" editor Beth Deisher is one of the best- informed observers of the U.S. coin market. This time she turns her attention to the headline-grabbing Ohio Coin Fund Scandal. Who was involved? What happened to the $50+ million investment? How did the liquidation of these coins impact the market? Get the answers in Beth Deisher's fact-filled program. This lecture only presentation includes:

  • how Beth was called by Tom Noe and informed about a breaking news story in the Toledo Blade newspaper about Tom and his business
  • Noe's political background with the state of Ohio
  • difficulty of getting information about the rare coin fund from the government
  • the confiscation of Noe's records and files by Federal officials from his coin shop
  • details of the agreement that created of the Ohio Rare Coin Fund
  • companies and coin dealers involved
  • how during the trial it was revealed that records had been falsified, phony invoices created, and inventories fabricated
  • Noe's conviction of 25 felonies and 4 misdemeanors that lead to his sentencing to 18 years in prison
  • comparison of the performance of the other investment funds for the state of Ohio
  • that the story is still unfolding

Speaker(s): Beth Deisher.

To watch the complete video, see:
https://nnp.wustl.edu/library/book/560271

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Wayne Homren, Editor

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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

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