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V27 2024 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 27, Number 48, December 1, 2024, Article 12

NOTES FROM E-SYLUM READERS: DECEMBER 1, 2024

Chopmarked 1905-S Philppines Peso obverse F. M. Rose Chopmarked Coin Collection
Chopmark News editor Colin Gullberg writes:

"On December 1 in Macau, China Champion Auctions will be having a sale which includes quite a lot of chopmarked coins and, in particular Rose coins. Since these are rarely seen this is a good chance to pick up something that was in the Rose collection.

"The catalog is here: https://www.liveauctioneers.com/catalog/342736_champion-macau-winter-auction/"

Sorry for the delay in publishing this. In our November 17th issue, Taylor Leverage asked for assistance in tracking down chopmarked coins from the collection of author F. M. Rose. -Editor

John Byars writes:

"This seller has sold a lot of F.M. Rose coins - 364785310433."

The seller of that lot is Spring Coins. -Editor

To read the earlier E-Sylum article, see:
CHOPMARK PROVENANCE HELP SOUGHT (https://www.coinbooks.org/v27/esylum_v27n46a04.html)

On Safe Deposit Boxes
Max Hensley writes:

SAfe deposit boxes "I also noticed that WSJ article and can say that, in general, it is true that banks are trying to dump their boxes. I ran two Chase banks into the ground. One downtown had a gigantic Fed Reserve-size safe with enormous door. Very impressive. You could have rented the space out for weddings, assuming you could get the loving couple past the implications. But the ground floor would have been susceptible to flooding, so I wasn't too unhappy about being kicked out of that one.

"I went to a Chase suburban location and stayed there for 6 years. Then out of the blue, "you're evicted". The reason given was that the Feds were trying to discourage safe deposit boxes as "dens of iniquity" - places to hoard cash from tax evasion and money laundering. That sounded credible until I went to two other (but small local) banks in the neighborhood and mirable dictu no problem with boxes. So was I getting an urban legend, or just some PR to get Jamie off the customers' s-lists? Don't give up. Also, this is Texas, so maybe we are just a little looser down here."

I haven't heard the phrase "den of iniquity" since I was a kid; that's how my little old grandmotherly grandma described the local bar my father liked to frequent. I liked the place, too. My dad would take me there with him on Saturdays sometimes, and his drinking buddies taught me to shoot pool in the back room.

I, too, had safe deposit boxes in grand old banks with their massive showy safe doors. Those were the Good Old Days. -Editor

To read the earlier E-Sylum article, see:
SAFE-DEPOSIT BOXES CONTINUE TO VANISH (https://www.coinbooks.org/v27/esylum_v27n46a23.html)

Ch-Ch-Ch-Changes...
Wayne Pearson writes:

"According to this, The Secretary may change the design or die of a coin only once within 25 years of the first adoption of the design, model, hub, or die for that coin. The Secretary of the Treasury doesn't need to wait for 25 years to change a coin design.

"So hypothetically, the Secretary of the Treasury changes the design of Jefferson to another version on the five cent coin. In the next election there is a different party, and a new Secretary of the Treasury is confirmed. Can the new Secretary change the Jefferson nickel? He or she HAS NOT changed the design ever. They would only be changing it once (on their watch) within 25 years notwithstanding what another Secretary has done."

coin design change

I don't think that's the intent, but I guess it could be better worded. Maybe it should have said "The design of a coin... may be changed by the Secretary only once within 25 years of its first adoption..." Interesting. Thoughts, readers? -Editor

To read the complete law, see:
31 USC 5112: Denominations, specifications, and design of coins (https://uscode.house.gov/view.xhtml?req=granuleid:USC-1999-title31-section5112&num=0&edition=1999)

Chopmarks on U.S. Paper Money
Website visitor Lee Harris writes:

"What is the red D on this bill? It almost looks like it was fine when printed."

  Chopmarked $100 bill D Chopmarked $100 bill D
Chopmarked $50 and $100 bills

Coincidentally, reader Gary Beals asked a similar question within days. -Editor

Gary writes:

"Anybody tracking these tiny marks on U.S. banknotes? I saw an article on the topic some time ago, then I was startled to see a small stamped image on a $50 bill recently given to me in change.

"When I checked five $100 bills I had at home, I found two with one mark each. The three marks show three different art elements – Asian, Arabic and conventional appearance."

We've covered the topic before, most recently in August - apparently it's a pretty common practice. See some of the earlier articles linked below for more images. As for Lee's chopmark, I'm not sure if that "D" is handwritten or stamped. If it's handwritten, it would be considered graffiti rather than a chopmark. -Editor

To read earlier E-Sylum articles, see:
CHOPMARKS ON MODERN U.S. PAPER MONEY (https://www.coinbooks.org/esylum_v17n07a21.html)
MORE CHOPMARKS ON MODERN U.S. PAPER MONEY (https://www.coinbooks.org/esylum_v17n08a08.html)
MORE CHOPS ON MODERN U.S. PAPER MONEY (https://www.coinbooks.org/v27/esylum_v27n12a15.html)
MORE CHOP MARKS ON PAPER MONEY (https://www.coinbooks.org/v27/esylum_v27n32a05.html)

Graded Currency Population Reports
Buster Daniher of Cincinnati, Ohio writes:

Andrea Doria shipwreck note - PCGS Currency 100 lire "Perhaps your readers can help me out with this. While PMG publishes a population report for their graded currency, two other commonly encountered note grading services do not seem to have listings. Specifically, I am interested in PCGS Currency and the newer PCGS Banknote graded material. Is there a place to research quantity and quality of notes graded by these other services?"

I don't know, and we don't generally discuss issues of grading. But archives of graded specimens are a great research source. Can anyone help? -Editor

Pilgrim Half Dollar Plaque
Mike Costanzo writes:

"Found this on eBay described as a "Thanksgiving Decor Wall Plaque." 12 inch diameter. Still current (!) and being offered at $57.00 but entertaining offers. The strangest stuff is always the funnest."

  Pilgrim Half Dollar plaque

That looks familiar - I may have had one of these at one point. -Editor

credit cards More On Credit Cards
Wayne Pearson writes:

"I was reading the most recent issue of the E-Sylum, concerning buying up expired credit cards. Interestingly, I received my new credit card with a new date. I went to destroy the old one and found it was no longer plastic. Try as I might with side cutters and needle nose pliers, I couldn't destroy it. The thing is made of steel."

The banks try a lot of gimmicks to differentiate their cards. I've never had a metal one. Interesting to see the genre come full circle - charge coins were metallic, and the newer credit cards were celluloid or plastic. And now some are in metal again. -Editor

Robert Luton writes:

"I was pleased and surprised to see your recent purchase. I have never purchased others' cards, but I have kept every single card since I first had one as a young adult. I haven't decided what to do with mine, but I continually think about different art projects…"

  Credit card house Credit card Mao portrait

To read the earlier E-Sylum article, see:
Credit Cards! : Credit Cards! (https://www.coinbooks.org/v27/esylum_v27n47a18.html)

A Coin of King Solomon
Daniel Friedman writes:

"I saw this interesting article on a coin that I had never previously heard about. It was in Hebrew and I did not find the same story in English anywhere, but you can mostly understand it with Google translate."

  coin of King Solomon

According to "Israel Today", the unique find shows on one side an impressive engraving of King Solomon, son of King David, riding a horse and attacking Satan with a spear. Around the picture appears an inscription translated into Hebrew: "Our Lord defeated evil". On the other side of the coin are engraved the names of four angels: Michael, Gabriel, Israel and Azriel.

The importance of the discovery intensifies in light of the fact that so far only one similar object has been found in Jerusalem. The coin provides rare historical evidence of the cultural and religious connections between the various regions of the Roman Empire, and its presence in Hadrianopolis is appropriate for its status as a city of military importance.

Thanks - above is an excerpt from the Google translation. The coin looks familiar- we may have discussed this coin or a similar one recently. -Editor

To read the complete article, see:
?????? ?????? ?? ????? ?????: ???? ???? ??"?? ?? 1,500 ??? (https://www.ice.co.il/consumerism/news/article/1039342)

1924 Japan Rugby Medal from Occupied China

  1924 Japan Rugby Medal obverse 1924 Japan Rugby Medal reverse
Dick Hanscom of Alaska Rare Coins writes:

I typed up a few lots for eBay, and I thought I should run this one by E-Sylum readers first.

My description is as follows:

JAPAN (CHINA) RUGBY MEDAL, 1924, SILVER

PORT ARTHUR UNIVERSITY.

OBV: RUGBY PLAYER AND THE WORD "HONOR" HIGHLIGHTED IN GOLD.

REV: JAPANESE INSCRIPTION AND DATE, 1924 WITH TINY HALLMARK AT 6:00. THE TRANSLATION I WAS GIVEN IS "FOUNDING ANNIVERSARY OF THE RUGBY CLUB OF PORT ARTHUR UNIVERSITY."

ABOUT 38MM, SLOTTED AT THE TOP FOR A RIBBON.

TESTS .96 SILVER ON SIGMA METALYTICS, WEIGHS 37.25 GRAMS. PORT ARTHUR, NOW PART OF CHINA, WAS OCCUPIED BY THE JAPANESE FROM 1905 UNTIL THE END OF WORLD WAR II.

Any corrections or suggestions would be appreciated. Gotta wonder how it ended up in Fairbanks.

Interesting item. Can anyone shed some light on it? -Editor

The 1648 Dutch Bond that Still Pays Interest
Dave Wnuck writes:

"This isn't "new news", but it is a neat little story. (It was uploaded onto YouTube 7 years ago...) It is about a bond that has continued to pay interest since 1648 to this day (and beyond)."

  1648 Dutch Bond

To watch the video, see:
The centuries-old debt that's still paying interest (https://www.youtube.com/watch?v=cfSIC8jwbQs)

Thanks. A great story, and a well-done video. -Editor

To read the earlier E-Sylum article, see:
1648 PERPETUAL DUTCH BOND STILL PAYS INTEREST (https://www.coinbooks.org/v26/esylum_v26n10a27.html)

Cuhaj Sales for the Iola Historical Society

George Cuhaj has been offering a number of numismatic literature items on eBay for the benefit of the Iola Historical Society. -Editor

George writes:

"This weeks listings include Annual Reports from Canada, Australia, Norway and the Netherlands and includes an interesting group of 5 reports on the Australia efforts in conversion from Pence/Pounds to decimal in the mid 1960s. There can be massive P&H reductions for multi-lot winners."

  Australia Decimal Currency Conversion Reports

For the complete lot listings, see:
https://www.ebay.com/sch/i.html?item=356320876039&rt=nc&_trksid=p4429486.m3561.l170197&_ssn=cuhaj

New England Threepence Article
Alan Luedeking writes:

"Here's a cool article from outside the mainstream numismatic press."

Thanks. It's nice to see these stories get "out in the wild." -Editor

  NE Threepence Obv NE Threepence Rev

A nickel-sized coin comprising only $1.03 worth of silver just sold for $2,520,000, making it the most expensive piece of American currency predating the Revolution, and the most valuable non-gold U.S. coin struck before the 1792 founding of the United States Mint.

This 1652 threepence was in production between May and October 1652, when the General Court mandated a new design to stop thieves from stealing slivers of these coins, thereby reducing their literal value. Of the three coins the Hull Mint made within this period—including the shilling, the sixpence, and the threepence—the latter remains the rarest. It was the smallest denomination on offer, but took the same amount of effort as the other two, rendering it tedious and less valuable to Hull, who was paid by the ounce. By comparison, two 1652 shillings also appeared in last night sale, hammering at $60,000 and $192,000.

Before this 1652 threepence surfaced, only two examples had ever been known. New England historian William Sumner Appleton bequeathed one to the New England Historical society in 1903. This new copy is purportedly in better condition. Another example lived at Yale until it was stolen in the 1960s. That coin has not been recovered.

Last night's specimen originally emerged from an old cabinet in a Netherlands residence in 2016.

To read the complete article, see:
An Illegally Minted Coin from the American Revolution Just Sold for $2.5 Million (https://news.artnet.com/art-world/1652-threepence-coin-sets-auction-record-2572883)

To read the earlier E-Sylum article, see:
NEW ENGLAND THREEPENCE DISCOVERY (https://www.coinbooks.org/v27/esylum_v27n32a18.html)

Garrett Mid-American E-Sylum ad08b



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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