From esylum at binhost.com Sun Aug 5 15:16:53 2007 From: esylum at binhost.com (esylum@binhost.com) Date: Sun Aug 5 15:22:54 2007 Subject: The E-Sylum v10#30, August 5, 2007 Message-ID: <002201c7d795$34048980$98634b4b@corp.cmdinfo.com> Welcome to The E-Sylum: Volume 10, Number 30, August 5, 2007: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2007, The Numismatic Bibliomania Society. WAYNE'S WORDS: THE E-SYLUM 5 AUGUST, 2007 Some anonymous new subscribers this week bring our total to 1,166. Welcome aboard! This week we open with an announcement of a new book on error coins and a review of the new Stack's eCatalogue format. In the research department, Peter Huntoon provides some information on the 1943 U.S. emergency banknotes, Al Roy provides an example of numismatic trading cards in Canada, and readers seek information on the 1927-31 U.S. Treasury gold coin offering and other topics. In the news, banknote printer De La Rue is involved in a criminal inquiry, U.S. Mint artist Susan Gamble is profiled, and a 1794 Chain Cent is uncovered in a woman's garden. No London Diary this week - I've been in the U.S. on vacation with my family (but I'm heading back tonight). For those attending the American Numismatic Association convention, be sure to attend the Numismatic Bibliomania Society events and look for numismatic literature exhibits. Send us some reports for The E-Sylum! To learn how ornamental glass sulphides are connected to numismatics, read on. Have a great week, everyone. Wayne Homren Numismatic Bibliomania Society BOOK ANNOUNCEMENT: WORLD'S GREATEST MINT ERRORS BY MIKE BYERS Zyrus Press issued an announcement of a new book this week: 'World?s Greatest Mint Errors' by Mike Byers. The retail price has not yet been announced. "Available in November 2007, the World?s Greatest Mint Errors is the latest release from Zyrus Press and the first full-length book by Mike Byers, a well-known expert on government issued error coins. He is the editor and publisher of Mint Error News Magazine, and has been a professional numismatist for over two decades. Today, he is the largest dealer in the U.S. of mint errors, die trials, and other numismatic rarities from around the world. "Available in a ?coffee table" format, Mike Byers brings us the wealth of all his years of buying, selling, and discovering the most dramatic and amazing mint errors and die trials ever found in the U.S. and across the world, including new findings and new types of errors. Every single mint error published in this book is imaged in a high resolution, full color, large-sized photo, with information on value, rarity, and grade. "Some chapters included are: Bonded Coins, Brockages, Die Caps, Double / Multiple Strikes, Double Denomination, Fold-Over Strikes, Gold Errors, and the new Presidential Dollar errors, among others. "Look for copies of World?s Greatest Mint Errors in November 2007 in bookstores nationwide, Amazon.com, and your local coin shop. For information on wholesale price and our discount programs, please contact Zyrus Press, PO Box 17810, Irvine, California 92623. Phone: (888) 622-7823. Web: Stay up-to-date! Visit www.zyruspress.com. E-mail: info@zyruspress.com. NOTES ON THE STACK'S ECATALOGUE FORMAT Tim L. Shuck of Ames, IA writes: "I just noticed that Stack's is offering a new "eCatalogue" for their current J. A. Sherman and Roraima Shield Collections auction (August 5). This digital catalog is available at stacks.com, with links to it from their Auctions and Current News sections. "Though I like the idea of digital catalogs, and there are some interesting features here, I have mixed feelings about this implementation. It duplicates much of the Browse Lots capabilities currently available on Stack's online auctions; and you end up in that format anyway if you use the "Bid on Lot" function of the eCatalogue. There are some fairly robust viewing tools, and image quality is good at maximum allowable zoom. "A more significant issue is the limited viewing area, which is not user size-adjustable as far as I can tell. Readability is limited for me until I go to maximum zoom. I don't see that a downloadable pdf version is available, though I was able to print to a pdf from a Windows machine but not from a Mac (not with the image clarity of the online version however). "With additional hands-on experience since the earlier discussion on E- Sylum regarding the future of printed catalogs, I more and more favor pdf files on a local machine. Benefits include greater access speed, more robust view and search options, a minimal physical footprint, and easily stored and backed up data formats. At the same time I have purchased and will continue to purchase hard-bound printed versions of auction classics for my reference library. "But it seems we are in a time of transition. The Internet has shifted considerable market focus to digital information delivery, companies continue to innovate in that direction, and I think that is a good thing. It will be interesting to see how this develops in the next few months and years." THE OPEN LIBRARY PROJECT Stephen Pradier forwarded an article about the Open Library project, which if successful, could become a useful source for numismatic information: "An ambitious project to create an online catalogue of every book in every language ever published is under way. Public goodwill is not in doubt, but some libraries remain to be convinced. "A few years ago, the idea of getting random people around the world to write their own encyclopaedia would have been madness - but that didn't stop the founders of Wikipedia doing just that, and it has turned out to be one of the most successful web projects of recent years. "With that in mind, does it sound mad to want to try and build an online catalogue of every book ever published, anywhere in the world? "The Open Library, newly launched in the USA but global in scope, is designed to make that happen. "In the words of its creators, the idea is to build a virtual library that stores details of not just 'every book on sale, or every important book, or even every book in English; but simply every book.' "Aaron Swartz, leader of the technical team working on Open Library, suggests that every book ever published needs a single authoritative page on the internet, a bit like a personal homepage. "'Right now, if you want to link to a book on the web, the main place people go is Amazon. It's kind of a bad idea for one commercial site to be the definitive source for book information on the internet, so we want to have a site that brings together information from commercial publishers, reviewers, users, libraries, everywhere. "'This site will become the place where you can find interesting books and information about them, whether they're in print, out of print, out of copyright or whatever.'" To read the complete article, see: http://news.bbc.co.uk/2/hi/uk_news/magazine/6924022.stm To visit the Open Library web site, see: http://www.openlibrary.org/ TOKEN AND MEDAL SOCIETY SYMPOSIUM COVERS F.I.D.E.M. WORLD CONGRESS Bob Fritsch forwarded a press release of the upcoming TAMS symposium. Here are some excerpts: "The Token and Medal Society (TAMS) will hold its 2007 Symposium during its annual meeting at the ANA World?s Fair of Money? in Milwaukee, Wisconsin. Andy Dickes, coordinator of the 30th Art Medal World Congress, and George Cuhaj of Krause Publications, will present a program on this event. "The F?d?ration Internationale de la Medaille (F.I.D.E.M.), (International Medal Federation) holds a World Congress every two years in a different location throughout the world. This year?s event will be held at ANA Headquarters in Colorado Springs in September. These congresses bring together medallic artists, collectors and curators of art medals to exchange information in seminars, workshops and informal gatherings. Additionally, an outstanding exhibition of art medals is held. This is the first time the F.I.D.E.M. Congress has been held in the United States since 1987." 1943 U.S. EMERGENCY FEDERAL RESERVE BANK NOTE INFORMATION An anonymous reader writes: "In last week's E-Sylum, you asked if anyone can provide additional information on World War II Federal Reserve emergency notes. "As a collector of paper money, I am familiar with these issues, but I'm not an authority on the FRBN series. If any records exist which would indicate which Federal Reserve districts, denominations, and serial numbers were issued in 1943, I believe Peter Huntoon would have located them. Pete has spent many years poring over records at the Bureau of Engraving and Printing, the National Numismatic Collection at the Smithsonian, and the National Archives and Records Administration (NARA) looking for this kind of documentation. I e-mailed a copy of your E-Sylum article to Pete. Here's his e-mail response: "Here is all the information that seems to be available: "'Emergency currency' was also to serve in another critical situation 10 years later. After the last delivery was made in 1934 there remained on hand 7,317 packages comprising some 29 million of these notes in the vaults of the Bureau. During World War II these stocks were used to help meet the large demands made for currency. "(from page 117 of: Bureau of Engraving and Printing, 1962, History of the Bureau of Engraving and Printing, 1862-1962, Treasury Department, Washington, D. C.: U. S. Government Printing Office, Washington, DC, 199 p.). "It appears that the 29 million notes mentioned here had a face value of $450 million as per Jim Downey's article. "Unfortunately, some of the documents that paper money researchers would like to see have been destroyed. Pete told me of a lode of Federal Reserve records from the 1928-1940 period that were destroyed only weeks before he learned of them at the Federal Records Center in Suitland, MD." RESEARCHER SEEKS RECORDS OF 1943 U.S. FEDERAL RESERVE BANK NOTE ISSUES http://www.coinbooks.org/esylum_v10n30a14.html U.S. TREASURY DOUBLE EAGLE OFFERING SOUGHT Roger Burdette writes: "Do any E-Sylum subscribers have a copy of the Treasury Department offering of double eagles and other coins that was made from about 1927 to 1931? This was the source of some of the 1927-D $20 and other piece not considered very rare. The information is for use in a research article I am preparing. Thanks to all!" CHRISTENSEN SALE #54 BRAZILIAN COUNTERSTAMP INFORMATION SOUGHT Pete Smith writes: "I am doing research on a Brazilian counterstamp and would like a copy or scan of the catalog description for lot 46 of Henry Christensen's 54th sale dated December 6, 1974. The coin envelope makes reference to Kurt Prober's book, 'Carimbos de Minas', pages 138-140. I would also like copies of those pages. Can any E-Sylum reader help?" VOCABULARY QUESTION: EXONUMIA ADJECTIVES Ron Abler writes: "I have a question that I would like to pose to the members of the E-Sylum, because I cannot think of a more qualified audience to provide a thoughtful and definitive answer. I collect medals and tokens, which makes me an exonumist, one who studies exonumia (more than one of an exonumium, I presume). That takes care of the nouns, but what about the adjective? Do I collect objects that are exonumic, exonumical, exonumial, or what?" [Good question, and I'll expand it as follows. In the U.K., the field known in the U.S. as exonumia is paranumismatics. So what are the adjectival forms of these two words? -Editor] GLASS COIN WEIGHTS ADDRESSED IN BRESSETT'S MILESTONE COINS Dennis Tucker of Whitman Publishing writes: "I read Chick Ambrass's request for information on glass coin weights, in the latest E-Sylum. "In the recently released 'Milestone Coins: A Pageant of the World's Most Significant and Popular Money', Ken Bressett discusses glass coin weights in intriguing detail, and illustrates several colorful examples. In total, he explores three related classes of items: 1. glass weights; 2. glass vessel stamps; and 3. glass tokens. "Ken gives general valuations and market notes for each class, as well as delving into their history and various theories on their meaning and function. Here's an excerpt: "Egyptian glass weights, vessel stamps, and tokens were most likely made in the period from A.D. 700 to 900, although many other guesses have been proposed. Some speculate they may have continued in use as late as 1170. Others have even proposed that they were made hundreds of years earlier, but that is unlikely because of epigraphic evidence. They are attributed to the Umayyad and Abbasid cultures and were very likely common to many areas beyond Egypt." "I would direct Mr. Ambrass to pages 77 and 78 ("Glass Coins of Egypt") in Chapter Five, 'The World of Islam.'" GLASS COIN WEIGHTS AND THE CORNING MUSEUM OF GLASS http://www.coinbooks.org/esylum_v10n30a16.html NUMISMATIC GLASS SULPHIDES AT THE CORNING MUSEUM OF GLASS Dick Johnson writes: "Chick Ambrass learned about glass coin weights on his visit to the Corning Museum of Glass reported in last week's E-Sylum. On my last visit there I learned about another numismatic sideline: sulphides! "Not all that well known to either numismatists or glass enthusiasts, sulphides are ornamental glass objects that use medals -- yes medals! -- for their copied relief designs. Usually portraits, and only seldom incorporating the legends or inscriptions found on the medal pattern, sulphides employ a technique in their manufacture called 'cameo incrustations.' - cameo like the relief on a medal. "A wide range of glass objects can be found that used medals as their patterns. This includes paperweights, glass plaques, tumblers, goblets, cups, plates, flasks, vases, obelisks, candlesticks, and a wide range of bottles. Even buttons. The medallic design on these can be clear, white, silvery or in full color depending upon how they are made. "A lot of famous glass manufacturers made sulphides, including the famed French firm of Baccarat, which has made sulphides from mid-nineteenth century to the present. Also French firms Clichy and Saint Louis, and the John Ford Company in Scotland (no relation to the John J. Ford of numismatic fame). "For numismatists the fun of collecting sulphides is locating and matching up the medal from which the relief was taken. Because the glass relief must be the same size as the medal relief, size is the first clue. The design, obviously, is the second and most important clue. This is not only a 'crossover' of two collecting topics, but a 'leapover' as one of the many uses of medals. "To make a glass sulphide object, a plaster cast of the medal was made. A special clay-glass paste was used to form a positive cast from this mold. The clay would then be trimmed around the relief desired, and here is where lettering would be eliminated. The clay can be slightly bent. That's how you get a flat medal design to form the round side of a bottle or cup. "The surface of the clay is treated for the color and transparency of the incrustation. If it was to be clear it would be coated with molten glass; if silver was desired it would be coated with silver dye. If the glassmaker did nothing, it would take the color of the clay. "If the object was anything but a flat button, paperweight or plaque, several parts of a glass mold would be required. Then molten glass would be poured into this assembled mold, when cooled the parts of the mold disassembled, and the object removed. The clay would be broken away and discarded. That is an oversimplification, but you get the general idea of sulphides. I viewed many of these at Corning. "If you have a further interest, get a copy of 'Sulphides, The Art of Cameo Incrustation' by Paul Jokelson. Page 93 illustrates some sulphides made from medals with lettering intact." [Many thanks to Dick Johnson for a submission on yet another fascinating numismatic sideline. -Editor] For images and more information on the art of cameo sulphides, see: http://paperweights.cristallerie-hartwig.com/history.html GLASS COIN WEIGHTS AND THE CORNING MUSEUM OF GLASS http://www.coinbooks.org/esylum_v10n30a16.html CHARLETON'S NUMISMATIC TRADING CARDS Responding my call for examples of numismatic trading cards, Al Roy writes: "I have a few trading cards produced by Jim Charlton's company in the early or mid 1960s. They were promos used by Lever Potato chips. According to Mr. Charlton, this series of cards (called series 'A') included 100 numbered cards each with a different Canadian coin. There wasn't a series 'B'. Here is an example: http://www.flickr.com/photo_zoom.gne?id=977660600&size=o "I also recently obtained 2 lenticular cards from the Royal Canadian Mint. One features a 2006 'Lucky Loonie'. As it's tilted, you see the reverse, obverse, and the RCM logo, along with a figure skater, hockey player, and skier. The second features the 2006 breast cancer quarter (reverse / obverse / RCM logo), and a breast cancer survivor / her daughter / granddaughter. The women are named on the back of the card. The cards are numbered '1' and '2' respectively. I don't know if any more were or will be made." Mike Paradis noticed the following item (#130137610059)on eBay - Les Fox is (or was) selling a set of promotional posters for the new Upper Deck card series. The item has been withdrawn from sale. http://tinyurl.com/2s3jlt UPPER DECK NUMISMATIC TRADING CARDS DEBUT http://www.coinbooks.org/esylum_v10n30a17.html MORE ON THE 99 PENCE COIN - THE CORNET Last week's item about a sarcastically proposed 99 pence coin noted that it was to be called a 'cornet'. Martin Purdy writes: "Just in case any non-UK readers are scratching their heads, I should mention that 'cornet' is the British term for an ice-cream cone, and '99' is a common term for a cornet with a chocolate flake in it. I had to learn to stop saying 'cornet' rather than 'cone' when I first moved to New Zealand as a child. It shows how well the '99' ice-cream is ingrained in the British psyche for someone to link it with a joke 99p coin." Here's a quick reference for good measure: http://en.wikipedia.org/wiki/99_Flake THE 99 PENCE COIN http://www.coinbooks.org/esylum_v10n30a12.html ON THE LEGALITY OF THE GOLD SACAGAWEA DOLLARS Regarding the Sacagawea dollar coins struck in gold, George Fitzgerald writes: "I was at a press meeting at the American Numismatic Association convention in 1998 or 1999, when the director of the Mint said he was authorized to make these and sell them to the public. I remembered because I asked them how they were going to distinguished them from the regular coins. He said they would have a W mint mark. There were a lot of questions about his authority to do this. I don't remember exactly, but I think he said Congress authorized these. They were going to strike these on half ounce Gold Eagle planchets." THE REAL GOLD 'GOLDEN DOLLARS' GO ON DISPLAY http://www.coinbooks.org/esylum_v10n30a40.html CORRECTIONS AND TYPOS Regarding my comment in last week's issue about the value of the British penny, Tom DeLorey writes: "With the Pound at approx. $2, one penny is worth approximately 2 cents, not half a cent." [At least six other sharp-eye readers on both sides of the Atlantic noticed the blunder, including Phil Mernick, Joe Boling, Charles Riley, Jeff Kelley and Steve D'Ippolito. I can't blame that one on beer or a typo - it's a genuine brain-o. Sorry!] Charles Riley adds: "Pence is the plural of Penny (you can't have one pence - although sometimes you do hear this said, incorrectly, in the UK)" [Mea culpa! I could have sworn the coins actually said "One Pence", probably because I'm so used to the U.S. coins which say "One Cent". The coins do indeed state their denomination as "One Penny". -Editor] Pete Smith writes: "There is another error in the last E-Sylum. A reference to the "Furst U. S. Mint" should be "First U. S. Mint." This was spelled wrong in the copy I sent to you. Furst came to America in 1808 so he was not there at the beginning." Jeff Kelley writes: "The article on the new Maltese Euro coins quoted the original source of the item as saying 'The outside edge around the circumference of the EUR2 coins, 10 million of which are being produced at the Monnaie De Paris, bears small images of the Maltese cross instead of euro stars.' "This is simply not true - 'euro stars' are not mandated on the edge of the 2 euro coin. Germany, for example, uses text. I am not sure about all the others, but I know that Malta would not be the first to use something other than stars." [Again, sorry for the editing lapses on my part. The last issue was assembled and published quickly due to my travel schedule, as was this one. -Editor] MONSTER CANADIAN GOLD COIN TO BE AUCTIONED Regarding comments by myself and Dick Johnson on Teletrade's auction of the monster Canadian gold coin, Ian Russell of Teletrade, Inc. writes: "I read your e-mail where it mentioned you could buy the $1 million Canadian Coin direct from the Royal Canadian Mint at $1 million (Canadian)." Please note, that the gold melt value is in excess of $2 million (U.S.) - of course, the Royal Canadian Mint would not sell for $1 million or everyone (with $1 million) would be doubling their money and just buying to melt down." [It is Dick Johnson's submission Ian is referring to. He wrote "... you can buy this from the Canadian Mint direct and pay $970,000 U.S. instead of the bid price plus 12 percent." Of course, the $970,000 is simply the $1 million Canadian dollar face amount of the coin (in dollars), not the actual bullion value or selling price. I edited that item too quickly and let the figure slip in accidentally (sorry!). But the point of Dick's post is not the value of the coin but the amount of additional sales commission a buyer would pay beyond the price of the coin direct from the Royal Canadian Mint. It's doesn't make much sense economically to pay an additional fee to a middleman when the same item is available directly at a lower cost. But as Bill Burd points out, the offering does have some publicity value to the sellers. Thanks to the others who pointed out the error, including new subscriber Jeff Kelley. -Editor] John Regitko writes: "If Dick Johnson was selling these for $970,000 U.S., I would buy as many as he was willing to sell me and pay him the additional 12%, because I would have no problem convincing the bank to loan me an unlimited amount of money. "The original selling price was $2.6 million but, because of the cost of bullion gold, will probably now sell for closer to $3 million. Like with any non-circulating precious metal coins, the mints place a face value on them but sell them for quite a bit more. Bill Burd writes: "The Canadian gold coin is 100 kilograms of pure gold which is 3215 troy ounces. At $663.00 US per oz the coin contains $2,131,545 worth of gold. 12 percent would be about $250,000. The Canadian Mint would charge a percent over to make the coin but it would not be that high of a premium. Teletrade and A-Mark will get a lot of exposure on this sale." MONSTER CANADIAN GOLD COIN TO BE AUCTIONED http://www.coinbooks.org/esylum_v10n30a32.html BANKNOTE PRINTER DE LA RUE FIGHTS CORRUPTION ALLEGATIONS News reports this week noted that word of a criminal inquiry hit shares of bank note printer De La Rue: "Shares in De La Rue fell sharply in London this morning after it emerged that the world's largest commercial banknote printer is being investigated by police over allegations of corruption. "On Friday, the City of London Police said that its new anti-corruption unit had launched raids on two company premises in Hampshire and one in Bedfordshire as part of a joint investigation with the Serious Fraud Office (SFO). "De La Rue said it believed that the allegations that sparked the investigation came from ?a former employee against whom the company has obtained a judgment for the recovery of monies stolen from it.? "De La Rue said that it believed the allegations were false and it was confident that the matter would be resolved quickly. "De La Rue prints more than 150 national currencies as well as passports, travellers' checks, stamps and passports, through its security paper and print division." To read the complete article, see: http://business.timesonline.co.uk/tol/business/industry_sectors/support_serv ices/article2167191.ece ZIMBABWE ISSUES NEW BANKNOTES AS RUNAWAY INFLATION CONTINUES "The Reserve Bank of Zimbabwe will on Wednesday unveil a new 200,000-Zimdollar banknote as runaway inflation continues to erode the purchasing power of the local currency. "The new bearer cheque begins its circulation from Wednesday, becoming the highest denomination in an economy battling world record inflation now estimated at more than 5,000 percent. "Zimbabwe has not had real banknotes since 2004 and uses temporary paper money known as bearer cheques. "The original idea was for the cheques to run for a year up to 31 December 2004, while the government stabilised the economy and reined in inflation. "The lifespan of the bearer cheques has repeatedly been extended after the government has failed to control inflation." To read the complete article, see: http://www.afriquenligne.fr/news/daily_news/zimbabwe_has_new_banknote_as_inf lation_erodes_buying_power_200707314383/ NEW YORK TO SELL ANOTHER BATCH OF REJECTED PARKING METER COINS According to news reports, "The city of New York is selling 500 pounds of foreign coins that found their way into its parking meters this year. "'We have pretty much every denomination from every continent,' said Anthony Alfano, the city's deputy chief of meter collections. The most common coins are Greek drachmas, he said, which are no longer in circulation. "The Department of Transportation, which makes about $90 million from parking meters annually, has collected bids for the 227 kilograms of foreign coins and planned to announce the best offer Monday. "About a decade ago, the agency decided to sell the foreign coins it had collected because it was impractical to exchange them for U.S. currency. In previous years, selling the coins has netted between $2 and $4 a pound." To read the complete article, see: http://www.iht.com/articles/2007/07/30/business/hot.php [Dick Johnson comments on the article, and how it also turned up in a Chinese publication. -Editor] Dick Johnson writes: "For sale! Five hundred pounds of foreign coins collected from New York City parking meters. Think that's not news? It happens every year. True. "What is news is that that this news article ran in the Xinhua, China newspaper. You see, the Chinese want to buy our coins whether they were struck here in America or elsewhere. They want the metal. Months ago they had two freighters anchored in the Delaware Bay prior to the Treasury order of no coin melting ready to buy all the cents returned to the Philadelphia Mint. "Five hundred pounds won't fill much of that cargo hold in the two Chinese freighters if they are still there. They want the big haul. They want to buy all our Lincoln cents when the government recalls all the cents because they are worth more than one cent." This article is in English: http://news.xinhuanet.com/english/2007-07/31/content_6453348.htm BILL BURD ON 'GETTING RICH MELTING COINS' Bill Burd forwarded a copy of a write up he did on the melting of cents in response to many customers talking about melting their cents as a way of dissuading them from thinking it?s a way to get rich quick. "Let's assume it is legal to melt cents and lets assume copper is $3.00 a pound and the smelter will pay you 80% of the spot price of copper. In order to make it worth while you want to receive a check from the smelter for $5,000.00 on your first transaction. "A copper cent weighs 3.11 grams and is 95% pure. 154 cents equals one pound of pure copper. Cents from 1909 thru 1958 trade in the numismatic community for 2 to 3 cents each which is more than their melt value. Cents from 1959 thru 1981 are copper and would be the only candidates for melting. Coins from 1982 to present are not copper and would have to be removed. "With copper valued at $3.00 a pound one cent contains $.0195 worth of copper. At 80% the value is $.0156. In order to receive the $5,000.00 you need to melt 320,000 cents which is 2,200 lbs. "From 1959 thru 1981 approximately 152 trillion cents were produced and from 1982 thru 2006 approximately 273 trillion cents were produced. If each year was evenly represented 36% would be copper and the remaining would be zinc. "In order to find your 320,000 copper cents you would need to sort through 890,000 cents which would be 6,100 lbs. If you sorted through 10,000 cents each day it would take 89 days to accomplish. Once sorted you need to return the 3,900 lbs of zinc cents to the bank and deliver the 2,200 lbs to the smelter. "Now the $5,000.00 you receive from the smelter is not profit. The 320,000 cents cost you one cent each so your initial investment is $3,200.00. That leaves you with $1,800.00 to cover transportation, labor and profit. "Still want to melt cents?" WHAT IS CAUSING THE RISE IN COINAGE METALS COSTS? Dick Johnson writes: "It may be obvious to some, but there are two reasons for rising metal costs driving up the cost to manufacture coins, not just for the United States, but for all coin-issuing countries. It is just a fact the United States has not attacked the problem head on (at least Treasury Department officials remain extremely closed-mouthed about any plans they may have). "Major reasons for the rising costs are labor strikes in metal producing areas of the world, like Chile, Peru and other areas. This is causing a shortage at a time of increasing demand. Labor problems can be solved, however. "Of far more critical influence is China. Their rising economy is causing a tremendous demand for products, all kinds of products, particularly those with metal components. China is the culprit, their demand for metal is unfettered, forcing up metal prices. "With rising world metal prices this is having an effect for scrap metal dealers everywhere (they now called themselves in the metal recycling business). Copper, for example -- the most prominent component in coins worldwide -- has risen in cost from 60c a pound as recently as June 1999, to now around $3.50 a pound. "And this is leading to theft of copper, as in pipes, roofing, and appliances, particularly in America. The travails of the metal recyclers are increasing. An interesting article was published this week in the Asbury Park Press of a New Jersey metal dealer. The law against melting cents and nickels is prominent in his mind. He refuses to buy coins for their metal content." To read the complete article, see: http://tinyurl.com/3ckxkf ON DOLLAR COIN CIRCULATION Roger deWardt Lane, Hollywood, Florida writes: "Dick Johnson was quoted on the subject of the new American Golden Dollars not circulating. I can confirm this with my actions at our Fort Lauderdale Coin Club meetings. When the new dollars first came out, I went to our bank and asked about the new dollars. "No we do not have any, but maybe next week". Finally I purchased $100 of the George Washington dollars. "At the next Fort Lauderdale Coin Club meeting, where we always have a good auction of numismatic items (I'm the Treasurer and make change). I stopped using paper dollars and put out over $50 of the new coins in change. I would get a few back and immediately put them out again. At the end of the evening the four rolls were all gone. This routine continued for about four meetings, including using the new Adams Dollars. "Last week (although I still have two rolls in my bank) I did not use any of the coin dollars, receiving none and passing out none too. So, where there were close to 100 members at each of our meetings and I take in about 100 paper dollars note more than I pass out, none this week were coin dollars. I guess we know the answer by now, - even coin collectors do not want the new coin dollars! "Readers can see pictures, read our newsletters and read about our monthly shows by checking our new web site www.ftlauderdalecoinclub.com. People can read a little about me on my new page, www.dewardt.net " 1890 ARTICLE ON COUNTERFEIT U.S. DIMES Granvyl Hulse writes: "I am writing the history of our local weekly newspaper, and ran across an item which is 'hot off the press.' from The Upper Coos Herald for 23 April 1890: 'The new counterfeit 10 cent piece is getting into quite extensive circulation. It is a very deceptive dime and bears the date of 1887.' I thought that The E-Sylum readership should be alerted so that they won't get cheated." MINT COIN DESIGNER SUSAN GAMBLE PROFILED Register & Bee of Danville, VA profiled U.S. Mint artist Susan Gamble August 4th: "An artist with Danville ties now proudly works as one of seven master designers in the Artistic Infusion Program of the U.S. Mint. "'When my husband and I were living in Oklahoma City, I saw a newspaper headline that read ?U.S. Mint Calls for Artists,?' Susan Gamble recalled. 'The headline caught my attention, and I decided to apply, never thinking that I could possibly be one of the artists that they chose.' "Gamble, who now lives in Arlington, has been a master designer since 2004 - one of the first - and, as such, can take the credit for the design of four coins: the 2007 First Spouse Martha Washington reverse; the 2007 Washington Quarter reverse; the 2007 Jamestown Commemorative silver reverse; and the 2007 Jamestown Commemorative gold reverse. "Five more have been chosen for minting in 2008, including the Oklahoma and Alaska quarters. "Her current contract is for five years, assuming her work continues to please the judging panels. "'I am basically representing the nation by doing the nation?s coinage,' Gamble said. 'We all see it that way and we are willing to knock ourselves dead to do it. "'It?s the only art that lasts 2,000 years. The appeal of the job is partly the competition because you have to go above and beyond to do the work, but for all of us, and I?ve talked to everyone, it?s the most important work we?ll ever do.' "Gamble?s full-time job is as a graphic designer and production coordinator for the National League of Cities. For her Mint work, she works after hours and weekends from home studio only blocks from the Washington office of the Mint, and delivers her designs in person." To read the complete article, see: http://tinyurl.com/2sdklz BULGARIAN NATIONAL MUSEUM EXHIBITS COINS According to a Sofia News Agency report, "Bulgaria's National Museum of History exhibited for the first time on Tuesday artefacts unearthed near the Bulgarian towns of Peshtera and Ivalylovgrad. "The first group includes 14 gold coins from the time of the Roman emperors Justinian I and Justin I. The coins, which were unearthed in the St. Petka Stronghold near Pesthera, bear record of the last days of the stronghold, which was taken in the 6th century AD by the Bulgarians, the Slavs and the Avars." To read the complete article, see: http://www.novinite.com/view_news.php?id=83660 NEW NIGERIAN SCAM INVOLVES COINS Phil Mernick notes that a new Internet scam making the rounds involves 1780-dated silver Maria Theresa coins. He writes: "I have received copies sent to Bexley Coin club and London Numismatic Club. Presumably it is going to all clubs in UK, the World? I suppose they hope to get the 'commission for brokers' fee in advance. With silver in excess of $12 (equivalent to about $10) for the 80% alloy their "selling price" will no doubt tempt the gullible." "We are looking for serious buyers for very large following quantities: - First Quantity: 1000,000,000 (one billion pieces), - Type: Silver Coins Maria Theresa manufactured in 1780 year, - Weight: 27,5 grams per piece, consisting of 80% silver, 20% other minerals and metals, - Certification: registered and certified by the Higher Court in Kingdom Saudi Arabia, - Price: 13 (net price for seller)+1 (commission for brokers) = 14, fourteen Saudi Riyals per piece, which equals around $3,74 USD." 1793 CHAIN CENT, 1889 INDIAN CENT FINDS FUEL NEWSPAPER ARTICLES Earlier this week there was a short Associated Press article about a 1793 chain cent found by a woman in her garden. There was little of real numismatic use in it, and initially I declined to put anything in The E-Sylum. But there are connections for some of our readers, so here it is: "Cheryl Corbin first thought she had picked up a quarter while planting flowers in June. Then she saw the date and thought it was a bicentennial coin. "At work the next day, Corbin said she had the office in an uproar. "Co-workers searched the Internet and identified the coin as a 1793 copper 'chain' cent. The front featured Lady Liberty and the back had a circle of 15 chain links representing the 15 states in the union at that time. "Though Corbin's coin was heavily corroded, she said a specialist told her it still could be worth 15 hundred to three thousand dollars." To read the original Associated Press article, see: http://www.wmcstations.com/Global/story.asp?S=6871967 Chick Ambrass writes: "The 1793 chain cent was found in a person's garden in Burnham, PA - that's just a few miles down the road from me. They have talked with the local coin dealer, Dave Wilson of 4-star jewelry and coins. Apparently the coin is heavily corroded, but identifiable as a 1793 chain cent. The coin now is at Stack's in NY soaking in some oil and will be featured in Stack's auction in September. There was a longer article on the front page of the local Lewistown paper, The Sentinel. According to the article an extensive search with metal detectors was done after the find, but nothing else turned up. Also, it was said that before the house was built, the area was used as a dumping ground for Freedom Forge." [Perhaps one of our readers at Stack's can tell us more about the coin. Here are a couple excerpts from the Sentinel article. -Editor] "Wilson said people could find a lot of coins in this area if they really looked. He said the most effective way is by using one of the new and very expensive metal detectors. "Corbin did have two men come to her home with sophisticated metal detectors after she found the chain cent to see if they could find more. Corbin said all they found were modern coins and the top of a Mason jar. "?We were hoping maybe we?d find a whole Mason jar full of those coins,? Corbin said." To read the complete Lewistown Sentinel article, see: http://www.lewistownsentinel.com/News/articles.asp?articleID=8235 [As another example of the popular fascination with old coins, there was also an article this week in the Hudson Star Observer of Hudson Wisconsin about a girl who found an 1889 Indian Head cent in the till of her lemonade stand. -Editor] To read the complete article (registration required), see: http://tinyurl.com/2x25m7 FEATURED WEB SITE: TOKEN CORRESPONDING SOCIETY This week's featured web site is suggested by John and Nancy Wilson of Ocala, FL. They write: "While doing research we came across an excellent site for tokens and medals. It is the site of the United Kingdom Token Corresponding Society." http://www.tokensociety.org.uk/ The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. For more information please see our web site at http://www.coinbooks.org/. There is a membership application available on the web site at this address: http://www.coinbooks.org/club_nbs_member_app.html To join, print the application and return it with your check to the address printed on the application. Membership is only $15 to addresses in the U.S., $20 elsewhere. For those without web access, write to: David M. Sundman, Secretary/Treasurer Numismatic Bibliomania Society, P. O. Box 82 Littleton, NH 03561 For Asylum mailing address changes and other membership questions, contact David at this email address: dsundman@LittletonCoin.com To submit items for publication in The E-Sylum, just Reply to this message, or write to the Editor at this address: whomren@coinlibrary.com Those wishing to become new E-Sylum subscribers (or wishing to Unsubscribe) can go to the following web page: https://my.binhost.com/lists/listinfo/esylum All past E-Sylum issues are archived on the NBS web site at this address: http://www.coinbooks.org/club_nbs_esylum_archive.html Issues from September 2002 to date are also archived at this address: http://my.binhost.com/pipermail/esylum From esylum at binhost.com Sun Aug 12 17:32:40 2007 From: esylum at binhost.com (esylum@binhost.com) Date: Sun Aug 12 17:32:53 2007 Subject: The E-Sylum v10#32, August 12, 2007 Message-ID: <00cd01c7dd28$5060cce0$3f0110ac@corp.cmdinfo.com> Welcome to The E-Sylum: Volume 10, Number 32, August 12, 2007: an electronic publication of the Numismatic Bibliomania Society. Copyright (c) 2007, The Numismatic Bibliomania Society. WAYNE'S WORDS: THE E-SYLUM 12 AUGUST, 2007 One anonymous new subscriber this week brings our total to 1,167. Welcome aboard! This week we open with some news from this week's ANA convention, and an announcement of a new book on modern world gold coins. In the research department, we had a tremendous response to Pete Smith's query about a Brazilian counterstamp, some thoughts from several readers on forms of the word 'exonumia', and information on the use of Maria Theresa thalers in Saudi Arabia. In the news is a profile of money artist Peter Simensky, a newsman flips an original 1913 Library Nickel on the air as his guests gasp, a Colorado Congressman introduces a bill to allow for the alteration of the metallic composition of U.S. coins, and New Hampshire's governor pays a visit to Littleton Coin Company. For medal collectors there is a nice new article on the history of the Purple Heart, and for every numismatist the Featured Web Page holds an interesting essay on the history of metals. My London Diary returns with a vengeance this week, with entries on Sir John Soane's Museum, the Samuel Johnson house, St. Paul's Cathedral and The Tower of London. To learn whether you'd be entitled to buy a ticket for the box, pit, first or second galleries at London's Haymarket Theatre, read on. Have a great week, everyone. Wayne Homren Numismatic Bibliomania Society NBS EVENTS AT THE 2007 ANA CONVENTION Intrepid numismatic photo-journalist Dan Gosling took some pictures of the two public Numismatic Bibliomania Society events at this week's American Numismatic Association convention. These were Thursday's numismatic literature symposium with speakers John Adams and Harold Welch and the general membership meeting Friday morning, where Len Augsburger and Joel Orosz presented. Adams spoke on "How Comitia Americana Came To Be - A New Way to Make a Book." Welch's topic was "British Token Literature - Putting Together the Pieces of the Puzzle." Augsburger and Orosz spoke about "Frank Stewart and Artwork of the First U.S. Mint." Dan's photos will be posted on the NBS web site. NBS President John W. Adams writes: "There was quite a bit doing at the three NBS events. The Symposium played to a full house and, with spirited questions, ran well over the appointed time. The Board proposed and the members confirmed three important new initiatives: 1) homage to our co-founder George Kolbe. Scott Rubin will assemble "George stories", biographic material, George's favorite lot descriptions, George's many contributions to the hobby, etc. and then run them in The Asylum with a special offprint thereafter; 2) Joel Orosz will compose a history of the club's first 28 years, an effort for which he invites the contributions of all; and 3) Len Augsburger will direct the compilation of a list of The 100 Greatest Items of U.S. Numismatic Literature. Nominations may be sent to him beginning immediately; a preliminary list will be run in The Asylum and, based on feedback, a list will be finalized and probably off-printed. Enthusiasm ran high at the meeting and spilled over into our best donated book auction ever (Wayne's coffee-stained notes on his London adventures was Lot #1)." In other convention news, frequent E-Sylum contributors John and Nancy Wilson were received the highest award of the American Numismatic Association -- the Farren Zerbe Memorial award, given to recognize "numerous years of outstanding, dedicated service to numismatics". Bravo! E-Sylum participants received honors from other organizations at the convention. I've only gotten a few unofficial reports, but understand that Roger Burdette, numismatic researcher and author of the 'Renaissance of American Coinage' series has been elected to membership in The Rittenhouse Society. Congratulations! David Kranz of Numismatic News reported in his blog that Gene Hessler won this year's Clemy award at the Numismatic Literary Guild's annual NLG Bash Aug. 9. I've also heard unconfirmed reports that Roger's book, 'Renaissance of American Coinage 1905-1908' also got an award at the Bash. I'm a world away in London and couldn't attend this year's convention. I hope everyone had a good time and that bibliophiles were out in force. If you were there and have additional reports or recollections of the event to share, please drop me a line at whomren@coinlibrary.com. Cheers! To read David Kranz's blog entry, see: http://www.numismaticnews.net/watermark/default,date,2007-08-10.aspx BOOK ANNOUNCEMENT: MODERN WORLD GOLD COINS, 1801-PRESENT The numismatic book division at Krause Publications has released a new title: 'Modern World Gold Coins, 1801-Present' by Colin R. Bruce II and Thomas Michael. The 816-page softcovered book has over 15,000 black & white photos. George Cuhaj described the new book in his Monday blog entry: "Modern World Gold Coins, 1801-present, includes the most actively traded area in the World Gold Coin market, 'modern' coins! The easier to find issues of sovereigns, francs, marks and roubles are included, as are the mid-20th century Franklin Mint commemoratives, and late 20th century bullion issues. "Gold, platinum and palladium are all included. Soft cover, $65.00, 772 pages, with prices updated based on gold market value of $650-670 per ounce! So nearly every price has been reviewed or updated since the 5th edition of the Standard Catalog of World Gold Coins. "The product features sharper illustrations and expanded descriptions. The softcover book makes it a lighter-weight and easy-use item for travel." To read George Cuhaj's original blog entry, see: http://www.numismaticnews.net/currency/Modern+World+Gold+Coins+1801present+R eleased.aspx For ordering information, see: http://www.krausebooks.com/product/832/4 THE E-SYLUM MAKES TIME STAND STILL Dick Johnson and Bruce Perdue noticed a glaring error in last week's issue - I'd forgotten to increment the issue number to 31 (so shame of the rest of our resident nitpickers who missed this one!) I wish I could say I did it on purpose as a test - sorry! Anyway, we've fixed the online archive and made sure this week's issue is properly numbered 32. This wasn't the only off-by-one numbering error in the issue - Dick Becker found a whopper in the Wayne's Word's item. He writes: "Your headline announcement of a lady finding a 1794 CHAIN cent in her garden is outstanding. This earth-shattering news will, no doubt, have all of us waiting to see which auction house will feature it in their next sale. Look for a new sales record for a US coin. "Isn't it fun when we can make fun of ourselves once in a while? I wonder how many other Asylum "inmates" caught this one. Seriously, keep up the good work. I look forward, and read each issue." [So far Dick is the only reader to report this one. It has also been fixed in the online archive. -Editor] NEW YORK TIMES MAY MAKE ONLINE ARCHIVE AVAILABLE FREE Speaking og online archives, Dick Johnson forwarded an article from the New York Post noting that the New York Times may soon open up its online article archive. He writes: "This is good news for numismatic researchers. I have passed on quoting New York Times articles in past because I didn't pay for their Internet news items." Here are some excerpts from the article: "The New York Times is poised to stop charging readers for online access to its Op-Ed columnists and other content, The Post has learned. "After much internal debate, Times executives - including publisher Arthur Sulzberger Jr. - made the decision to end the subscription-only TimesSelect service but have yet to make an official announcement, according to a source briefed on the matter. "While other online publications were abandoning subscriptions, the Times took the opposite approach in 2005 and began charging for access to well-known writers, including Maureen Dowd, Frank Rich and Thomas L. Friedman. "The decision, which also walled off access to archives and other content, was controversial almost from the start, with some of the paper's own columnists complaining that it limited their Web readership." [Back issues of The New York Times are invaluable for numismatic research, and not just U.S. numismatics. As the newspaper of record its reporters cover important stories from around the world, and much useful information can be found in its archives. I found the Times especially helpful in my research on emergency monies of the U.S. Civil War. Researchers and anyone interested in particular numismatic topics should watch for this development and try their favorite queries once the archive becomes freely available. -Editor] To read the complete article, see: http://www.nypost.com/seven/08072007/business/timesselect_content_freed_busi ness_holly_m__sanders.htm Dick adds: "Remember that recently New York Times publisher Arthur O. Sulzberger Jr. stated he did not know if there would even be a print edition in the future (mentioned here in The E-Sylum March 4, 2007). "Most major libraries have microfilm runs of New York Times (the larger the library the further back they go), and printed yearly indexes. These are especially useful in that other newspapers typically carry similar articles near the date first published in the Times, so it is, in effect, an index to all newspapers. "Also, don't overlook the Obituary index since 1851 (two volumes last time I looked). There is also a Personal Name Index to the New York Times since 1975 (now in 7 volumes). There are even special subject indexes for sports and theater." [As more of the back issue archive becomes available freely online, the microfilms will be much less necessary. But the human-generated indexes should continue to prove very valuable; keyword search only goes so far, and unless the Times digitizes the indexes the hardcopies found in your local library will continue to be very useful. -Editor] THE INTERNET - NUMISMATIC INFORMATION FORMAT OF FUTURE? http://www.coinbooks.org/esylum_v10n09a10.html CHRISTENSEN SALE #54 BRAZILIAN COUNTERSTAMP INFORMATION FOUND Responding Pete Smith's request for a copy or scan of the catalog description for lot 46 of Henry Christensen's 54th sale, E-Sylum readers came through in spades, forwarding images of the catalogue entry and other information and offers of help on the object of Pete's quest, a Brazilian counterstamp. Many thanks to Bill Rau, David Levy, Alan Luedeking, Ralf W. B?pple and Ted Buttrey, a.k.a. Prof. T.V. Buttrey, Dept. of Coins & Medals, Fitzwilliam Museum, Cambridge University. Ralf W. B?pple writes: "The lot description reads: "46 CEARA. Star C/M Star on obv of an 1815 Bahia 960 Reis of Brazil, which was struck over a Spanish Amer 8 Rs. ca 1834. Fonr 8830. A study of Prober's major opus. pp. 138-140, indicates that this is one of the few "good" c/m's. Ex Fine. (325.00-375.00") "According to the PR, it brought $275.00. Unfortunately, I cannot help with the Prober book. I have seen it only once, in a George Kolbe sale a few years ago, and I was the underbidder. So many books on counterstamps in my library, and you guys ask for the one that's on the top of my want list!" Alan Luedeking adds: "Note that Christensen's reference to Prober pp. 138-140 is incorrect. The correct page range in Prober is 133-135, with p. 134 being blank. Moreover the reference is not to Prober's "Carimbos de Minas" (a short work) but to a similar chapter in his work "Cat?logo de Moedas Brasileiras de Prata", Sao Paulo, 1947." David Levy writes: "I published the book 'The 960s Overstrikes' in 2002 which contains a lot of information on brazilian counterstamping and I?d be very glad in give any help." CHRISTENSEN SALE #54 BRAZILIAN COUNTERSTAMP INFORMATION SOUGHT http://www.coinbooks.org/esylum_v10n31a08.html VOCABULARY ANSWERS: EXONUMIA ADJECTIVES Responding to Ron Abler's question, last week I asked, "In the U.K., the field known in the U.S. as exonumia is paranumismatics. So what are the adjectival forms of these two words?" J?rgen S?mod writes: "exonumia is paranumismatics. I do not like and do not use any of these words. For me, tokens as well as medals and banknotes are all part of numismatics." Martin Purdy writes: "I would say exonumismatic and paranumismatic, respectively. I get 37 hits for exonumismatic on Google, which is low, but then it's quite a specialised field, so that doesn't perturb me too much. One reference is from a site we are familiar with." [... meaning The E-Sylum, of course - see link below. -Editor] UNRECOGNISED STATES NUMISMATIC SOCIETY http://www.coinbooks.org/esylum_v08n12a15.html David Gladfelter writes: "I get away with "exonumic" in articles for our local exo society newsletter, Jerseyana. But, for the definitive answer go to Russell Rulau - 'Exonumia' is Russ's word." Dennis P. Skea writes: "There are also subcategories of exonumia collecting. I collect transportation tokens, so I'm a "Vecturist". Do I practice "Vecturism"? I also collect wooden nickels. I'm a "Lignadenarist". I won't even try on this one. Some "transportation tokens" (good for one ride on a carosel, for example) are wooden nickels. Have some fun with that combination." VOCABULARY QUESTION: EXONUMIA ADJECTIVES http://www.coinbooks.org/esylum_v10n31a09.html FRANK STEWART, COIN COLLECTOR REVISITED Len Augsberger asked me to connect him with George Polizio regarding his item on Frank Stewart. He writes: "I am wondering if he can give his source for the information on Stewart's purchase of the 1823 quarter out of the May, 1914 Chapman sale. "The reason I ask, is because this coin does not appear in the records of the Congress Hall collection which Stewart endowed. It is interesting because the 1823 quarter was listed as a coin they needed, and yet it does not appear in the accession records." FRANK STEWART, COIN COLLECTOR http://www.coinbooks.org/esylum_v10n02a15.html ON THE USE OF MARIA THERESA THALERS IN SAUDI ARABIA Regarding the email scam involving Maria Theresa thalers discussed last week, Jim Downey writes: "I was stationed in Riyadh, Saudi Arabia in 1997-98. I witnessed more than one transaction involving Bedouins in the markets where Maria Theresa thalers were used as the medium of exchange. They were available from money changers for 30 SR. I bought one as a souvenir even though I could get them in the US for less. The money changers that I talked to about them insisted they were from France. I tried to explain their origins but they insisted. I later learned that they considered all coins that were not of Arab origin to be from France. No one could explain why." OTHER METAL DETECTORIST COIN FINDS: WASHINGTON SHIP TOKEN, 1795 HALF DOLLAR Don Hartman of Mays Landing, NJ writes: "I thought readers might be interested in this find by a metal detectorist from near Williamsport, Pa. I have been following metal detecting forums for many years and many great finds but I don't think I had seen a 1793 Washington Ship Token ever found." http://forum.treasurenet.com/index.php/topic,99654.0.html "Also found this week was a somewhat decent 1795 O-113a variety Flowing Hair Half Dollar found near Albany, NY. It has nice detail but appears to have some pit corrosion and scratches. The detail is very fine I believe." http://forum.treasurenet.com/index.php/topic,100493.0.html ON THE 99 DENOMINATION Regarding the satirical proposal for a 99 pence coin, J?rgen S?mod writes: "There are many Austrian WWI notgeld with face value 99 heller. The law said notgeld should have a value lower than one corona. And that is 99 heller." MONEY ARTIST PETER SIMENSKY PROFILED The San Diego Union-Tribune published a profile August 5 of money artist Peter Simensky: "Peter Simensky makes art about money. Currency is his medium. He crafts intricate collages from existing notes, keeping them true to scale. These bills are the main attraction in his exhibition at the Museum of Contemporary Art San Diego downtown, ?Cerca Series: Peter Simensky,? curated by Lucia Sanroman. "The Brooklyn-based artist isn't the first to make art about or with money ? and we can be sure he won't be the last. Nineteenth- century fool-the-eye painters, including William Harnett and John Peto, liked to render American notes in their canvases. In their early 20th-century dada days, Marcel Duchamp and Man Ray had fun with the concept of money; Duchamp appeared as sort of satyr on ?Monte Carlo Bond? (1924) in a Man Ray photograph. "More recently, there have been artists who draw their own bills. J.S.G. Boggs is a notable, sometimes notorious example, who has been doing it for years. He has happily substituted his meticulously executed versions of currency for real ones when making a purchase, telling the person at the receiving end he'll give them the option of taking real money or Boggs' bills. Still, this hasn't always kept him out of trouble; he was arrested at least twice for counterfeiting and acquitted on both occasions. "Some artists have generated their own currency, distinct from conventional money. The late Edward Kienholz is highly regarded for life-size sculptures that offer gut wrenching social commentary, but his ?Watercolors? are a trenchant take on artistic reputation and the commodity value of art. The words he stenciled on paper, the same way each time and against the same lightly colored background, were for goods or money. He made them for barter. So, if he put the words ?For a New Oven and Range? in the work, that meant he received an oven and range in return. He did the same for horses, a suit, screwdrivers and even a jeep. He also made them in different dominations for a 1969 exhibition, writing an amount on each ? from $1 to $1000 in systematic increments ? and selling them for the amount on the picture surface. "Simensky's art mixes both approaches. He makes bills, but unlike Boggs he has no desire to make you think that his resemble the real thing. Simensky's money is utterly implausible, verging on slapstick. He combines faces, so that glasses are too big and features don't match. Call it comic currency." To read the complete article, see: http://www.signonsandiego.com/news/features/20070805-9999-lz1a05art.html WHERE TO ORDER FAUVER BOOKS? Web site visitor Werner Press writes: "You published a review by Rulau on a new book by L.B. Fauver titled 'Nuremberg and Nuremberg Style Jetons'. The internet is silent about Oak Grove Publications - can you tell me where to order the book? Thanks in advance." NUREMBERG JETON BOOK PUBLISHED http://www.coinbooks.org/esylum_v07n03a14.html [I'm not sure myself - can any of our readers help? -Editor] BRITISH COINS USED AS SLUGS IN GERMAN SUBWAY SYSTEM Regarding the headline on last week's item about the sale of non-U.S. coins found in New York City parking meters, Bob Leuver writes: "I have searched my notes and fail to find a prior sale. So, this is a Paul Harvey anecdote without the usual corroboration." [Well, I could swear I've seen reports of such sales in the past, but maybe we haven't covered them in The E-Sylum. I'm sure this is a perennial problem for them, so they must have disposed of unusable coins and slugs before in some manner. -Editor] Bob adds: "When I was director of the Bureau of Engraving and Printing, I was out to a long lunch in Frankfurt, Germany with a couple of executives from the Deutchesbundesbank. They told me that the subway system -- I believe it was Frankfurt -- was being overrun with coins from England that were about 1/10 or so of the equivalent of the West German coin required by the subway. "The bank was perplexed as what to do with the coins as the bags of English coins were beginning to consume space and they were heavy to move. As the horde increased they kept hefting the bags of coins and moving them to larger quarters -- no pun intended. After a high-level meeting the Germans decided to ship the coins to England as a goodwill gesture." [Using cheaper coins from another country to fool vending machines is an age-old pastime. I wouldn't be surprised if someone maintains a web page with a table listing what coins or tokens are known to be effective substitutes for other, higher-valued coins or tokens. Can anyone locate such a chart for us? -Editor] NEW YORK TO SELL ANOTHER BATCH OF REJECTED PARKING METER COINS http://www.coinbooks.org/esylum_v10n31a18.html CANADIAN OPINION POLL ON ELIMINATING THE CENT Dick Johnson writes: "An enterprising Canadian newspaper, the London Free Press -- under their Access to Information Act -- obtained and published the fact last Sunday (August 5, 2007) that the Royal Canadian Mint spent $110,515 for a public opinion poll whether or not to abolish their penny coin. That's a lot of money to cover your backside before a decision is made. "A spokesman for the Mint revealed the study has been completed and is under review before it is publicly released. Other countries such as Australia, New Zealand, the Netherlands and Finland have quit making one-cent coins. Winnipeg New Democrat MP Pat Martin is planning a private member's bill to discontinue use of the penny. Prices would be rounded up or down as they are in Australia. "He didn't mince words in what he said: 'I wish they'd stop wasting money on public opinion polls and hand-wringing and just stop making the damn things.' "Prime Minister Stephen Harper recently expressed a coin-collectors' sentimental attachment to the penny." To read the complete article, see: http://lfpress.ca/newsstand/News/National/2007/08/05/4394902-sun.html Dick adds: "In another Canadian news article the headline reads 'Ottawans differ on losing cents' I expected some support for keeping the cent. However, the comments strongly are in favor of abolishing the denomination as a circulating coin." To read the complete article, see: http://ottsun.canoe.ca/News/OttawaAndRegion/2007/08/06/4396961-sun.html NEWSMAN FLIPS 1913 LIBERTY NICKEL ON AIR [Donn Perlman reported the following incident on the Collectors Universe coin forums. -Editor] "Thank goodness for 'Cointains.' "Mark Concannon, a Milwaukee television anchorman, unexpectedly flipped the Bebee/McDermott specimen 1913 Liberty Head nickel during a live interview segment on WITI-TV's Fox 6 Wake Up News program on Wednesday morning, August 8. (Yes, he'd been politely informed before we went on the air that the "props" for the interview could be handled, but with care.....) "Dawn Haley, Director of External Affairs for the U.S. Treasury Department's Bureau of Engraving and Printing, and I were the interview guests on the segment to promote the opening of the ANA World's Fair of Money. She brought along a few eye-opening items from the BEP's popular Billion Dollar Display including Series 1934 Gold Certificate $100,000 notes and a $500 million Treasury Bond. With the gracious permission of the ANA and the assistance of ANA Money Museum Curator, Douglas Mudd, I had the Bebee/McDermott 1913 nickel which is making its "homecoming" appearance in Milwaukee for the first time in 40 years. "During the interview, newscaster Concannon picked up the nickel and flipped it in the air. Fortunately, it's in a Cointain protective holder, and fortunately, Concannon caught it. A similar situation occurred with me in the late 1990's when I was on KTLA-TV in Los Angeles with Greg Roberts to show an 1894-S dime that was going on display at the Long Beach Expo. Comedian Bill Cosby was also on the set. During the live interview, the Cos came over to look at the coin (it was in a PCGS holder), took a dime from his pocket, put it on the table, picked up the '94-S and began doing a "Fat Albert" walk off the set with the '94-S. It was very funny, and after the segment he graciously posed for a photo holding the coin (which was safely returned to Roberts.) "Newscaster Concannon was enthusiastic about coin collecting and genuinely interested in the items Haley and I brought for 'show 'n' tell.' It was a great promotion for the ANA convention. As a numismatist, I was briefly stunned by the coin flip. As a 30-year broadcaster (before turning to The Dark Side of the Force, PR), I knew it was 'good television.' But I hope that this was a TV first that has no sequel...." To read the complete article, see: http://forums.collectors.com/messageview.cfm?catid=26&threadid=601460 WAYNE'S LONDON DIARY 7 AUGUST, 2007: SIR JOHN SOANE'S MUSEUM I arrived back in London on the Sunday night Virgin Atlantic redeye from Dulles International. In what's getting to be too much of a routine, I caught the Heathrow Express train to Paddington Station and walked several blocks to my hotel with my wheeled luggage in tow. After unpacking and taking a shower, I got dressed and headed to the office. After work I checked the schedule of events I'd lined up for the week. Patrick McMahon of the Boston Museum of Fine Arts had recommended visiting Sir John Soane's museum. He wrote: "There is no numismatic material there that I can recall (unless his designs for the Bank of England count), but there is nothing quite like it." The Soane web site states that "Soane designed this house to live in, but also as a setting for his antiquities and his works of art. After the death of his wife (1815), he lived here alone, constantly adding to and rearranging his collections." Never one to turn down good advice from those in the know, I had made plans to visit the Soane after work Tuesday. Ordinarily open only until 5pm, the museum has a special candlelight event until 9pm on the first Tuesday evening of the month, so I had planned my visit for the first Tuesday of August. Luckily, work didn't get in the way. I left the office about 6:45. Fortunately, the Soane was in walking distance. According to my map, it was pretty much a straight shot, although in typical London style the street changed names at various intersections. Turning off Charing Cross Road I walked down Newport Court to Long Acre and then Great Queen Street on my way to 13 Lincoln Inn Fields. Along the way a storefront caught my eye at 23 Great Queen Street. As a numismatist I'm familiar with many types of medals, orders and decorations. In the window were various sashes, decorations and several books relating to medal-issuing societies. The name of the store? Central Regalia Limited - "manufacturers of fine regalia." Aha - another only-in-London moment. The bibliophile in me made note of the books, which could well contain information on the issuance and use of various medals and decorations. Included were 'The Knights Templar" by Sean Martin, 'The Mark Degree" by David Mitchell and multiple titles by Richard Johnson such as 'The Lodge treasurer, Charting Steward and Almoner - A Practical Guide'. Also on display was a copy of 'Freemasonry Today' magazine. Two doors down at 19-21 Great Queen I was stopped in my tracks again. Signs declared Toye Kenning & Spencer Ltd, founded in 1685, "manufacturers of ties, trophies, badges & medallions, special commissions, presentations & long service awards." Gold lettering on the transom window spelled "Regalia House". So what are the odds of stumbling upon not one, but TWO regalia peddlers in one block? Try THAT on your next trip to the mall. The widow displays included clocks, watches, picture frames, ties, Masonic badges, emblems, cufflinks, glassware, etc. Books were on display here, too. In addition to some of the same tiles found in the neighboring store were 'The Concise History of Freemasonry' by Robert Freke Gould and 'Rose Croix: A History of the Ancient and Accepted Rite for England and Wales'. The firm's web site is www.tksmedalsandribbons.co.uk . The site states that "Since 1685, the name Toye, Kenning & Spencer has been synonymous with quality, craftsmanship and service." "As medal manufacturers for over one hundred years, we supply the armed forces and emergency services in both full size and miniature medals and ribbons as well as offering a full mounting service. "As leading international medal ribbon weavers, we have a comprehensive stock service for United Nations & International Mission medal ribbons. "We also supply organisations such as the Royal Life Saving Society and the National Rifle Association with all of their medal requirements." The hour being late, the regalia shops were closed, but might make a fruitful stop for collectors of medals and decorations while visiting London. I continued on to the Soane only to discover a queue of some forty people waiting to get in. The Soane is a private home and relatively small by museum standards. Only 75 visitors are allowed in at a time. People wait outside to be let in only when enough others leave. So I waited. A group of seven young Londoners was in front of me. A young woman with a Spanish accent got in line behind; next a group of people speaking German arrived. So who was this man whose museum has been drawing people from around the world since 1837? Born in 1753, John Soane was the son of a bricklayer who became one of England's greatest architects, responsible for interiors at No. 10 Downing Street, and for Britain's first public art gallery. His favorite and most famous work was the headquarters of the Bank of England (see there - a numismatic connection and I haven't set foot in the door yet). Soane's home is an architectural showpiece featuring a beautiful spiraling white marble staircase and a hundreds of feet of built-in glass-front bookcases (a bibliophile's dream!). He died in 1837, leaving his home as a public museum. The original endowment has long since been exhausted and the museum is supported by the Government and private donations. But admission is FREE to what is perhaps the most idiosyncratic of all London museums. Although Patrick McMahon didn't remember any numismatic material, my numismatist's nose could sniff some. I mean, what educated gentleman of his day DIDN'T appreciate numismatics? As I was to find out, there were indeed some numismatic treasures waiting inside. By the time I got to the front of the line there were about sixty people behind me. Finally the door manager motioned me inside. The narrow hallway sported six large plaster wall medallions depicting classical allegorical scenes. Four of them were about two feet in diameter; two others were about four feet across. There were others in the alcove and hallway beyond, nine in all. Turning to the right I entered a combination dining room/library. Books were shelved throughout the entire home, but the core of the 6,000+ volume collection is stored here. It was about this time that I realized that a nostalgic candlelight tour is not the best time to view either coins or books - in the dim light it was difficult to read the spines and see what books were present. But I was able to make out a few. The first item I encountered was a nicely bound set of Gentleman's Magazine v1-54, 1731-1764. No, it's not forerunner of Playboy - Gentleman's Magazine was a potpourri of news, announcements and discussions on a wide range of topics, driven largely by news and reader letters. Sound familiar? I like to think of The E-Sylum as a faster-paced GM for numismatists of today (both Gentlemen and Ladies, thank you). There are many interesting numismatic tidbits within, such as a contemporary announcement of Franklin's Libertas Americana medal in the March, 1783 issue. Other books in the library include the works of Chaucer, a beautifully bound 25-volume set of 'Swift's Works', a 20-volume Encyclopedia Britannica, Raleigh's 'History of the World' and Malcolm's 'History of Persia'. On a bookshelf in the Kitchen I found the five-volume 'Catalogue of the Library in Sir John Soane's Museum'. According to the museum's website, "Work to recatalogue the Library to modern bibliographical standards is nearing completion, and over the next three years groups of entries will be made available on the website at intervals as the editing is completed." Surely there must be a few, but try as I might, I could not locate a numismatic tome anywhere. To access the online catalog of Soane's library, see: http://www.soane.org.uk/library/ In the Dressing room beyond were four hanging frames filled with "casts of gems" by Edward Birch and Nathaniel Marchant. These were pretty coin-like cameos in plaster. On the far wall I spotted a man's portrait labeled "Nathaniel Marchant R.A. Die Sinker To the MINT". Aha! Another numismatic connection. I've found little about him on the Internet, other than a reference to an article by Gertrud Seidman in the Fifty-Third Volume of the Walpole Society titled 'Nathaniel Marchant, Gem-Engraver, 1739-1816'. The Ashmolean Museum at Oxford University mounted a small exhibition on Nathaniel Marchant in honour of Miss Seidmann in 1999-2000. Can anyone shed more light on Mr Marchant? Was he an engraver at the Royal Mint? The Portrait room held 28 paintings and sketches, including twelve by William Hogarth (1964-1764). There were more paintings throughout the house. In the gift shop were some beautiful large landscapes with water and buildings including two by Venetian artist Canaletto (1697-1768) - Piazza S. Marco and Rialto, Venezia. The sheer amount and diversity of the Soane holdings is amazing. There are architectural elements, busts, statues, pre-Columbian pottery and even a huge sarcophagus of an Egyptian King. What a treasure palace - I can only wonder what the value of the collection is today, 170 years after Soane's death. How did Soane assemble his collection? The docents told me that although he took the Grand Tour of Europe as a young man he rarely traveled, and bought much of his collection through auctions and dealers. He also purchased entire collections. When I asked about coins and medals I was told that Soane wasn't much interested in numismatics. Pity - imagine the numismatic treasures that could have found their way into this collector's centuries-old time capsule. The docents threw me a bone, though, telling me that upstairs was a set of medals Soane bought in Paris in 1819. Hmmmm - more later. I had already encountered a few numismatic specimens on display. In an alcove in the basement were five medals including gold and silver examples of a "medal presented to John Soane by the Architects of England. Engraved by Wyon the Chief Engraver of His Majesty's Mint. The silver version shows the reverse featuring a portion of his favourite work: the Bank of England." The obverse of the medal features a portrait of Soane. Unfortunately, much of Soane's earlier Bank of England building was demolished as part of a renovation in the 1920s which some called "the greatest architectural crime, in the City of London, of the twentieth century". Finally completing my rounds of the basement and ground floor, I made my way upstairs in the dimming evening light. How come they don't make candles with more candlepower? Anyway, just as the closing hour approached I found the numismatic Holy Grail of the Soane museum, sitting in two glass-topped wooden cases on a window seat in the back bedroom. Each case held four custom-made wooden trays of bronze medals of all sizes, about 130 in all. Despite the poor lighting I could see that the medals were in great condition, many with superb mahogany surfaces. The label read as follows: "Medals struck at the Paris Mint between 1796 and 1815 to celebrate the victories and other episodes in Napoleon's career. Designed by Baron Denon (1747-1825) and engraved by various French artists, this collection is traditionally said to have been assembled by Baron for the Empress Josephine." I was agog at the sight of the collection and wished for just three things: 1. a good magnifier 2. a good flashlight 3. a good deal more time But soon it was 8:55PM and downstairs one of the docents said "Do guard your ears!" before clanking a large hand bell to signal closing time. Reluctantly, I left the building. I visited an Indian restaurant for dinner on my way back to the tube stop. Passing a Tapas restaurant decked out in red chintz, it looked to me like a French bordello on Bastille Day. I guess I still had visions of Paris on my brain. It was 10pm and few cars were about on Charing Cross Road. I jaywalked straight across without a care, a death-defying act in midday. The only moving vehicles were six tricycle rickshaws, some pulling tourists, most empty. The sidewalks were as packed as ever with people, though, including families with children coming from the thratre. I wished my family could be with me. Soon I was on the tube, hurtling back to my hotel on a Central Line train. So ended another day in London. While writing this diary entry I came across a great article on Soane's museum. Here's an excerpt that we collectors can relate to: "John Soane's problem was that he couldn't stop collecting fantastic things and cramming them into his house on Lincoln's Inn Fields in London." "He was one of those splendid and productive wackos who make life worth living for the rest of us by leaving behind something astonishing to remind us that the secret to being interesting is being interested." "The tidy chaos of Soane's Museum is what makes it so enchanting -- unlike other museums, the collection is not organized according to any perceivable linear or thematic thread. He arranged his exquisite hodgepodge the way he wished, juxtaposing objects for his own aesthetic satisfaction. Great cooks don't bother with recipes." [Has the existence of Soane's set of Napoleonic medals been recorded in the numismatic literature? Is there any other record of its provenance? -Editor] To read the complete Salon article on Soane's museum, see: http://www.salon.com/wlust/pm/1998/05/13post.html For more information on Napoleonic medals, see: http://fortiter.napoleonicmedals.org/ For more information on Baron Denon, see: http://www.nndb.com/people/456/000097165/ For more information on the Soane museum, see http://www.soane.org/ For more information on Sir John Soane, see: http://en.wikipedia.org/wiki/John_Soane LIBERTAS AMERICANA http://www.coinbooks.org/esylum_v02n17a04.html WAYNE'S LONDON DIARY 11 AUGUST, 2007: SAMUEL JOHNSON'S HOUSE, ST. PAUL'S My work week got busier and busier and I stayed later at the office each night. On Thursday I didn't leave until nearly 11pm. On the tube home the driver announced, "we're stopping at this station for a few minutes so we can clean up some vomit on the first car." That was just what I needed to hear as I attempted to digest a few pieces of late-evening pepperoni pizza from the office. The driver came on the loudspeaker a couple minutes later and said, "Really, it's only vomit, there's no need to look down the car." I wasn't among those looking - all I wanted was to get back to my hotel. At 6am my alarm rang and by seven I was standing outside on my suit and tie. Three of us hopped into a car driven by our client. We circled around some local street closures, then alongside Hyde Park to Marble Arch. The large archway was built as an entrance to Buckingham Palace, but it was later moved and reassembled at the southwestern corner of Hyde Park. Here we turned onto Edgeware Road heading north out of London. This is the beginning of what is now the A5 expressway, following a route originally paved by the Romans. We arrived in Leavesden well before our 9am meeting. The building had a caf? in the lobby, and our client offered to buy us breakfast. I'm not a ham and eggs person on a good day and would have been happy with some toast or cereal. But the caf? was mainly offering hot wrapped sausage sandwiches, basically sausage hot dogs. Everyone bought one. When in Rome, do as the Romans do, I thought. So I ate a sausage hot dog for breakfast. Our meetings went well, thanks in part to our preparation work the night before. But a lack of sleep was catching up on me. I had to concentrate to not doze off as others droned on. But that wasn't my biggest problem - that would be the silent sausage farts. My biggest fear was that I'd fall asleep and my colleagues would wheel me out of the room so I would stink up the hallway instead. But the storm passed and a supply of caffeinated cola kept me awake. About 5 o'clock our client dropped us at a train station and we took the tube back into London. We worked until 6:30 or so, then walked toward the Lowlander Pub in Covent Garden, where we'd been a few Fridays before. My co-worker, who's usually very good with London directions, ended up detouring us a good bit out of our way, but it gave me a chance to see Covent Garden Market again. The place was alive with hoards of people. An acrobat entertained by juggling while riding a unicycle on a rope suspended between two columns. Tourists were having their photo taken with a man dressed as a statue of a Roman soldier. A sign chiseled in a nearby wall noted that Samuel Pepys watched his first Punch puppet show near the site in May 1662. Over three centuries later, the place was still a magnet for street entertainers. We finally got to the pub around seven. Our client joined us later, along with his wife. We had some nice conversation, but I was fading fast - exhaustion was setting in. I couldn't bear to eat and drink like the locals - screw the Romans, screw Wild Boar Sausages, and screw the beer, too. I ordered a bottle of water and a hamburger. I left around 9:30 and could barely keep my eyes open. But I made it home, looking forward to a good night's rest. I guess I got my rest - I didn't set the alarm and didn't crawl out of bed until after 10am. The forecast was for a sunny day with a high of 79 degrees Fahrenheit. That would make it warmest day I've seen my whole stay in London. Earlier this week it had hit 102 degrees back home in Virginia. Here in London the high was only 70; going to work in the morning I saw people wearing jackets. I gladly put on shorts and a T-shirt, looking the part of a proper American tourist. I left my hotel around noon. As I walked to the main street, I could already tell it was going to be a perfect day, one where the skies are clear, the air is warm, and all the women are beautiful. Alongside Prince Alfred pub, a florist displayed colorful cut flowers for sale. I wanted to buy my wife a bouquet, but she and my kids were thousands of miles away. Wishing to try something different for lunch, I walked into Halal, a local eatery run by a Muslim. I hadn't been in before, but was impressed with the cleanliness and brightness of the place. I ordered a chicken curry dish, and it was very good. As I paid my bill I noticed some Euro coins in the tip plate. I asked the manager about the exchange rate, and then offered to pay in pounds for the coins. He agreed, and I took the coins - two fifty cent coins of country different designs, and a twenty cent and ten cent coin. I walked into my regular Queensway tube station. As I turned the corner onto the platform, a train was just arriving. See - I just knew it would be a perfect day. I hopped on and exited at the Holborn station. One woman walking near me had a little dog walking ahead of her on a leash. A woman up ahead of me was wearing a pair of jeans cut a little bit too low around the waist, revealing an inch or so of, shall we say, "cleavage". She must have felt a breeze (or my eyeballs) and gave her pants a tug upward. On the way to my destination was Sir John Soane's museum. This time there was no wait to enter and I went in for some unfinished business. I made a beeline for the Napoleonic medal set on the second floor. The sunlight beaming through the window made it easy to see the medals this time. I confirmed Tuesday evening's impression - the medals were generally in superb shape, although some could benefit from some conservation work. Two small holes in the trays were unfilled, causing me to wonder if they had ever been filled. Two round patches of background material less faded by sunlight than the surrounding areas made me suspect two larger medals had either been lost or (hopefully) taken by the curators for study or conservation. One of them had suspended via a hole or bezel - a small nail remained behind. My favorite medal? There on many, particularly those with very high relief. They had allegorical motifs, nudes, Gods, warriors and of course, Napoleon. In the daylight I could read the spines of many of the books I saw. Remember, Soane was an architect and he used his collections and library partly for the education of himself and his pupils. Some of the books were tour guides and town histories, undoubtedly acquired for information on old buildings. Some titles included "Walks Through Bath", "Beauties of England and Wales", "Oxford Guides", "Winchester & Cambridge", "History of Exeter" and a four-volume set of "Hughson's London". Before leaving I took a quick walk around, and it was a better experience now that the rooms were better lit. Light poured through the windows and skylight domes. Outside in the court I could see Soane's tall monument to the family dog, inscribed "Alas / Poor Fanny". The Picture Room revealed its secrets. I had wondered why it contained so few paintings. It didn't. Today I could see that the walls open up on hinges, an ingenious space-saving design revealing many more paintings and prints behind on hinged panels. Many are paintings and drawings of Soane's architectural designs. On a shelf is a scale model of Soane's South Front of the Bank of England. Once outside I decided to walk through Lincoln's Inn Fields, a city park across the street. It is the largest public square in London and is thought to have been one of the inspirations for New York's Central Park. The trees are a wonder - with trunks measuring several feet across, they must be centuries old. The oldest building facing Lincoln's Inn Fields is Lindsey House, built in 1640. At nearby Powis House, the charter of the Bank of England was sealed in July 1694. As I continued my walk I heard the beep-beep-beep of a construction vehicle backing up. It was a flatbed truck (pardon me, "lorry") carrying wooden timbers, perhaps for scaffolding. Construction cranes towered nearby. I imagined John Soane's excitement if he could be with me today - he'd probably run over to the site foreman's office, imploring to be shown the plans. I passed the Courts of Justice and Law Society on Chancery Lane. A plaque on one building noted what had been lost to earlier construction: "Site of Old Serjeant's Inn 1415-1910". My destination was the home of Samuel Johnson, author of the first major dictionary of the English language. An elderly couple from Chicago that I'd met at the Benjamin Franklin house recommended it, but noted that it was difficult to find in narrow lanes off Fleet Street. So onto Fleet Street I turned. A double-decker tour bus passed by. Across the street was a tall, narrow building housing Ye Olde Cock Tavern. Following my map I came to Pemberton Row. There was a construction fence and another tall crane. But the fence held clues that I was drawing near. Painted on the fence were definitions of interesting English words, including: "Equinumerant - Having the same number", "Discalceation - The act of pulling off the shoes", "Circumferaneous - Wandering from house to house ' 'A circumferaneous fiddler, one that plays at doors.'" Around a corner I walked onto Gough Street and spotted my goal, but my heart sank as a read the sign on the locked gate: "Dr. Johnson's house will be closed today..." But I was relieved to read the rest: "... between 1-2 pm". I was even more relieved as I checked the time on my mobile phone: 1:57pm. The admission was 4.50 GBP. I pulled out a fiver and waited. I was soon joined by five other people. A pretty blond woman walked out of the house and clapped with excitement - "Ooh, a crowd!" She unlocked the gate and let us in. I paid my admission and was given a 50 pence coin in return. I looked at it disappointedly. "You should be giving out Johnson coins in change," I said. In 2005 the Royal Mint issued a circulating commemorative 50p coin in honor of the 250th anniversary of the 1755 publication of Johnson's Dictionary. Finding one of the coins in change had partly inspired my visit. The clerk explained that they'd tried to get a supply of the coins, but it had taken months to get their order filled by their bank. They had none in the till, but did offer some uncirculated ones for sale in Royal Mint packaging. The gift shop also sold books on Johnson, including, of course, James Boswell's classic, "The Life of Samuel Johnson." In the front hallway, the original front door was secured with two large deadbolts and an even larger iron chain. Partway up the stairs was a small built-in closet that once stored candles, handy when going upstairs after dark. At the top of the stair was a nook with chairs and a video player. I pushed in a tape and watched a 20-minute video with costumed actors portraying Johnson and Boswell touring the house and discussing Johnson's life. He had been born into a poor family in 1728. He entered Oxford University but was too poor to complete his studies. He later found work as a teacher and founded a private academy. He only had three pupils, but one was David Garrick, who became Johnson's friend and later went on to fame and fortune as an actor. By 1737 Johnson was penniless and he and Garrick set out together to make their fortunes in London. There he found employment writing for The Gentleman's Magazine. For the next thirty years, Johnson wrote biographies, poetry, essays, pamphlets and parliamentary reports. In 1745 he signed a contract with a publisher to write his dictionary, worth the equivalent of over $300,000 today. He thought the project would take three years; it took a decade. He moved to the Gough street house to work on the project and be close to his printer. Johnson scoured his extensive library for references, underlining words and sentences for inclusion in his dictionary. He had a team of six clerks working for him in the attic of the house. They transcribed the excerpts onto cards and organized them for him. Johnson would study the cards and write his definitions. Eventually the cards were assembled and prepared for the printer to typeset. I climbed to the attic workroom. While Johnson's dictionary was not the first dictionary of the English language, it was by all accounts the best to date and came along at a fortuitous time - the declining cost of printing and the corresponding rise in literacy demanded clearer standards in meaning spelling, and grammar. The workroom was dim, but large enough to accommodate the clerks and their work. It held no furniture or artifacts relating to his dictionary. If there was copy of his original dictionary anywhere in the house, I did not see it. So what's the numismatic connection? Well, we at The E-Sylum love words, although it's been a while since we've defined an unusual numismatic term. That's all that led me here. But there were some interesting numismatic items here besides the 2005 commemorative. In the attic room through 18 September is "Behind the Scenes", an exhibit on Georgian Theatres 1737-1784. In one case was a Shakespearian Jubilee Medallion, a silver medal struck in 1769 to "commemorate the Jubilee organized by David Garrick in Stratford- Upon-Avon to celebrate the bicentenary of Shakespeare's birth. The medal was displayed with its original hanger, ribbon and box. In another case was a group of 1778 Haymarket entry tokens. These were used as admission tickets to the Haymarket Theatre. The four apparently polished tokens were encased in Lucite. Their inscriptions included the words "Box", "Pit", "First Gall'y" and "Second Gall'y". The exhibit text explained that Boxes were for people "of quality". The Pit was for "ladies, gentleman and intellectuals." The First Gallery was for "tradesmen and their wives" and the Second Gallery was for "the mob." [Quick quiz: name a U.S. numismatic item relating to a theatre. -Editor] Finally, a third case contained another unusual numismatic item: "John Philip Kemble's 'George'", a crude-looking medal of "silver or nickel alloy c1781-1817." The text explained that "A George Medal was "... traditionally worn onstage by actors in the role of Richard III; it depicts George slaying the dragon'. It was nearly 3pm. I made my way out of the Johnson house and found a new passage back to Fleet Street. The dome of St. Paul's Cathedral loomed in the distance. I was thirsty, but passed up the first shops I encountered - A McDonald's and a Starbuck's. Not enough of the local color for this numismatourist. But I soon came across Ye Olde Cheshire Cheese restaurant. A sign noted that it was rebuilt in 1667 (after the London fire of 1666) and was "a known haunt of Samuel Johnson, Charles Dickens and countless others." To the right of the entrance was a sign: "Under 15 Sovereigns ... Rebuilt in the reign of Charles II and continued successively in the reigns of ..." The sign listed all monarchs from James II (1685-1688) through Elizabeth II (1952-). The most telling sign of the restaurant's longevity was the stone stoop in front of the door - it was worn down several inches by centuries of patrons' shoes. A grate above it allows today's visitors to enter without tripping. But I didn't need a restaurant, just a drink. This being Saturday in the City of London, a booming business district during the week, many shops were closed. Local chains Pret A Manger, E.A.T. and William H. Smith were closed for the weekend. I found an open convenience store and bought a cold Coke Zero. I walked down the street and entered St. Paul's Cathedral. After waiting in line with other tourists I bought my ticket and was told "if you want to climb the dome, you'd better start now - there's not much time left." So I found the first of the 400+ steps and began my ascent, but not before marveling at the absolute beauty and splendor of the magnificent structure. "Stairway to Heaven" I heard someone quip. The first landing is the Whispering Gallery, a shelf of seating surrounding the lower part of the main dome. A choir began to practice and the sound and view were heavenly. Entering another door, I climbed the second set of stairs to a higher landing. It's as if Christopher Wren designed the stairs with tourists in mind; the various landings allow you to catch your breath before resuming the ascent. There are also benches at various points along the stairs. The final journey is on a narrow winding iron grill stair. If you look down, you'll see the faces of others below looking up at you. The line of people backs up here, as people linger at the very top before coming back down a separate stair. At one point in the final climb, you have to squeeze through a narrow stone doorway. The trek is not for the obese, acrophobic, claustrophobic, or discreet women in skirts. A one point there is a glass window in the floor at the very center of the dome. You can look down from an angel's perch to the floor of the Cathedral below, where people look like ants. Near the pinnacle of the dome you step outside onto a walkway to a magnificent view of London. The Thames sparkles below. Downstream is the Tower Bridge and Tower of London. Upstream are the Houses of Parliament, the Millennium Bridge and the London Eye, the huge Ferris Wheel also built to celebrate the millennium. I took some photos, like everyone else. What would the architects Wren and Soane think to view their city from this vantage point today? The climb down was quick and uneventful. I entered the American Chapel at the East End of the Cathedral. A sign read "This area, originally containing the high altar, had suffered major bomb damage in October 1940." Later, downstairs in the crypt, was a placard stating "following the bombing raid of 29 December 1940, when St. Paul's was seen rising above the smoke and flame all around, Winston Churchill telephoned the Guildhall to insist that that Cathedral must be saved at all costs. St. Paul's was a symbol of the nation's defiance in the dark days of WWII." After the war, restoration work began on the Cathedral. The replacement of the high altar area "revived an unfulfilled plan of Sir Christopher Wren and provided a space for a chapel of great beauty and significance." The American Chapel was dedicated in November 1958. The sign reproduced Winston Churchill's letter about the Chapel: "Our two countries, parted long ago by war, were brought together again by war in a unity and understanding such as we had never known. Through long years of endeavour and endurance we shared all things, and though we lost so much we found a lasting friendship. We shall not forget those gallant American soldiers, sailors and airmen who fought with us..." Churchill's was the only non-royal state funeral held in St. Paul's, on 30 January, 1965. The others were Nelson and Wellington, who have huge monuments in the basement crypt. I lingered a bit, then went outside to continue my journey. I followed my map toward The Tower of London, passing the Bank of England on Threadneedle Street. By the time I arrived at the Tower it was 5:30 and too late to enter. I walked around the outside of the old structure, and viewed some remaining parts of the old Roman wall that once encircled the City. I hopped on the tube and headed home for dinner. Back at the hotel Saturday evening I did my laundry and worked on The E-Sylum in my room. Twice I returned to the laundry room to find that one of the other guests had mucked with my dryer - after an hour and a half my clothes were still wet. I stalked back to my room and brought my laptop down to the laundry room, where I worked on the E-Sylum with the computer atop a dryer. Next one to touch my clothes will find themselves stuffed into a washing machine with the agitator in an awkward place. So my Saturday evening wasn't as glamorous as the ANA awards banquet in Milwaukee. But it was a fun day of numismatic adventure. For more information on the Marble Arch, see: http://en.wikipedia.org/wiki/Marble_Arch For more information on Covent Garden and Punch and Judy, see http://www.coventgardenlife.com/info/street_entertainers/punch_judy/punch_ju dy.htm For more information on Lincoln's Inn Fields, see: http://en.wikipedia.org/wiki/Lincoln's_Inn_Fields For am image of the Samuel Johnson commemorative 50 pence coin, See: http://en.wikipedia.org/wiki/Image:50PENCE05.jpg For more information on Samuel Johnson, see: http://en.wikipedia.org/wiki/Samuel_Johnson For more information on the Royal Haymarket Theatre, see http://www.theatrehistory.com/british/haymarket001.html WAYNE'S LONDON DIARY 12 AUGUST, 2007: THE TOWER OF LONDON Earlier in my visit Jim Spilman wrote: "While you are there in London with the Bloody British be certain to stop by the Arms Museum within the Tower of London. It is just 'around the corner' in one of the buildings adjacent to the Crown Jewels exhibit. Last time I was there they had on display the ORIGINAL Steam Gun invented by Jacob Perkins (ca. 1820). It could penetrate a 19" brick brick wall with iron slugs. "Reference: Jacob Perkins, His Inventions, His Times, & His Contemporaries. Page 111ff. Greville & Dorothy Bathe. The Historical Society of PA. 1943 (200 copies)" Not having yet been inside the Tower of London, I made this my goal for Sunday. I had some salad and an apple for lunch at my hotel and headed again for the tube. This time I walked up to the Notting Hill Gate station and took the Circle Line, which stops directly at the Tower station. Wearing shorts and a T-shirt in giddy anticipation of a repeat of Saturday's weather, I was sadly encountered with cool and cloudy weather. Too lazy or stubborn to go back and change, I pressed on. The sun shone thru enough times that I made do, but warmer clothes would have been welcome. I passed through the main tower gate about 1pm, just in time to catch up with a tour group led by a member of the Yeoman Warders, the famous "Beefeaters". He seemed to really enjoy his work, teasing the crowd, yet doling out very interesting bits of history and lore about the Tower. At the center of the complex is The White Tower. Built by William the Conqueror along the banks of the Thames in 1078, the structure which served as the royal palace for over 500 years. In the 12th century, King Richard the Lionheart enclosed the White Tower with a curtain wall and had a moat dug around it. Various other building and towers were built within the walls. "The Tower of London" is a term referring to the entire complex. After our tour most of the hundreds of tourists got in line to view the Crown Jewels. As one who hates lines, I decided to go look for the coin exhibits. "No one will be there". I thought. It turned out to be a good decision. I waited until about 4 pm and by then there was no line at all to see the Jewels. I skipped in giddily like a kid on a private visit to Disneyland. Disneyland is an apt analogy - prepared for huge crowds, the exhibit walks visitors through multiple waiting galleries before delivering the crowd to the main event. Projection screens show films of the coronation of Elizabeth II, and discuss some of the more famous diamonds and gems that adorn the crowns. In the final exhibit room visitors are herded into two lines, one in front of a line of exhibit cases, and one behind. The floors are moving walkways like those seen in airports. What better way to move the cattle along and prevent lingering? No such precautions were needed at the numismatic exhibit, which turned out to be pitifully small. There was no signage anywhere, and two of the guards I spoke to had no idea it was there. A third guard directed me to the top floor of the White Tower. I entered the Tower in awe of its thousand-year history. The White Tower is today basically a museum of armaments, filled with suits of armor, muskets, cannons and other weapons. It was an interesting exhibit, but I have to say I enjoyed the armaments at the Fitzwilliam Museum more. At the Fitzwilliam the armor is right out in the open, close enough to touch. The Tower museum lacks that wow factor - there are far more items on display, but they are farther back from visitors or behind glass. Once inside I also had to ask for assistance finding the Jacob Perkins gun. Because of the steam power mechanism, I was expecting something very large, but as it turns out the gun itself is fairly small, as it is meant to be attached to steam source by a tube. Within a case displaying a number of experimental weapons was the Perkins steam gun, circa 1840. It is not the original Jacob Perkins gun as Jim remembered (unless that was also there and I missed it). This one was an improved version built by Jacob's son Angier. The final room at the top of the White Tower held the new "Hands on History" exhibit, where visitors heft axes and feel the tension of an archer's bow. Along the center of the room is a long exhibit by the Mint with large-scale reproductions of different coins, each about a foot across. As anyone who has seen the early hammered coins knows, the artwork was typically crude. I over heard one visitor, while looking at the enlarged coin likeness of William I comment sarcastically, "What a beautiful likeness!" There were some real coins in the exhibit, but only twelve - displayed were obverse/reverse examples of: Silver penny of William I Gold noble of Edward III Gold sovereign of Edward VI Silver crown of Charles I Silver crown of George II In all, the numismatic exhibit was pretty disappointing. I guess I expected too much from a venue that once housed an actual mint. The old mint facilities were not in the White Tower, but in an outbuilding elsewhere in the compound. There is a "Mint Street", but this area is private and closed to visitors. I left the Tower of London complex about 5pm and walked toward Tower Hill, to the place where the Royal Mint relocated upon leaving the Tower. The Royal Mint building was there, across the road leading to the Tower Bridge. It too, was closed to the public. The Mint had long ago packed up again and removed to Llantrisant, Wales. Time marches on, and so did I. This time I walked several blocks to the Liverpool Street Station to catch a tube train back to my hotel. That's all for this week's numismatic adventures. Cheers from London! ROYAL MINT EXHIBIT AT THE TOWER OF LONDON http://www.coinbooks.org/esylum_v10n30a25.html THE E-SYLUM: A NUMISMATIC BLOG? Dick Johnson writes: "The headline stated ?The Blog Turns 10? in my morning newspaper. Blogs have been around for a decade! Can you believe it? The article tells me there are more than 53.1 million individual blogs now ? on every conceivable subject -- and 175,000 new blogs are created every day! "But I am glad there is a blog on numismatics, and numismatic literature. Or, perhaps you do not consider E-Sylum a blog, editor Wayne Homren?s personal blog. Unlike the gossip, politics, and shear running off of the mouth ? there is now a word for this ?blogorhea??that you will find on most other web postings, I am certain you will agree what you read here every week is a cut above anything else on the Internet. "Wayne Homren was a visionary. Look at the first line in this issue. It says vol 10, number 32. Wayne envisaged many years ago what a weekly discourse of news, announcements, gripes, comments and discourse on numismatics would find an audience on the Internet. Way ahead of its time. He has found that audience. He has built a readership based on the freshness, quality, importance and service to his subscribers by providing numismatic information we all wanted. And he has maintained that every week since. "As a high school senior in 1946 I could not get enough news of numismatics in the then existing publications (Numismatist, Numismatic Scrapbook). So I subscribed to a newspaper clipping service for any news clipping on coins. For a class in journalism that year I wrote a paper ?Establishing a numismatic news service.? This came about, somewhat, 14 years later when I started Coin World. So you see I have some insight of the subject. "I recognized Wayne was on to something when I first learned of E-Sylum. He foresaw the Internet as an effective way of publishing without paper, print and mailing. It comes to us every Monday on our computer screen. "No, I don?t consider E-Sylum a blog. To me it is an Internet newsletter. Make that a Newsletter with a capital N." [I often call The E-Sylum a blog when explaining to people outside the hobby what I do with my spare time ? it?s a popular term and most people know what it means now. But it think Dick's right ? The E-Sylum not exactly a blog. From the start it was a newsletter - an email newsletter. Now that we've grown into having a web archive and RSS feed, it looks and acts a lot more like a blog, but it holds to its newsletter roots. Many thanks to all E-Sylum readers for your interest and participation. It's reader input that really differentiates The E-Sylum from a "mere" blog, which is typically a one-way publishing street. -Editor] Dick adds: "I say I write at least one article a week for an Internet Newsletter. People seem to understand that. Perhaps it is time to put 'Newsletter' as a subhead somehow." [Instead of ?an electronic publication of the Numismatic Bibliomania Society.?, I guess we could be more specific and label it ?an online newsletter.? It?s not just email since we have an RSS feed as well; both forms qualify as ?online?. If you know what "RSS" is, you can use the following address to set up The E-Sylum in your RSS feed reader: http://coinbooks.org/feed.xml . -Editor] ON HOW OBSOLETE-DENOMINATION AMERICAN COINS WERE RETIRED Ralf W. B?pple of Stuttgart writes: "On the question of how obsolete -denomination coins were taken out of circulation, I can only make a guess. I understand that most odd denominations were either never widely used, or at least no longer so in the years prior to their termination. So the number of pieces in circulation should have been very low to begin with. "The regular way in such a situation would be that people spend them (even if they are not officially demonetized, there is a strong incentive for the public to do so, for fear that the government might change its mind in the future). The shopkeepers turn them over to their banks, because their clients are reluctant to accept them as change, and the banks send them off to the Federal Reserve or whoever might be in charge of the local cash supply. "If the coins were made of silver, they might have been hoarded (there is a psychological difference between paying with a silver half dime and a nickel, even though both are worth 5 cents) and were then melted down in later years." HOW WERE OBSOLETE-DENOMINATION AMERICAN COINS RETIRED? http://www.coinbooks.org/esylum_v10n30a13.html ON NUMISMATISTS AND COIN AND PAPER MONEY CIRCULATION On a related topic, Ralf W. B?pple writes: "Regarding Roger deWardt Lane's attempt to circulate dollar coins in a coin club meeting, I would simply say that numismatists tend to keep unusual coins they get in circulation, so it appears to me quite logical that they put them aside and did not spend them. The effect of people NOT wanting the new dollars should be increased circulation, because people would try to get rid of the unwanted coins as quickly as possible! It is like the two dollar bill (another topic recently discussed). During my very first visit to the US some time back, I received one in change, and I found it so exciting that I kept it, and still have it today. If I wouldn't have found it interesting and exotic, I would have made it circulate as quickly as possible, right?" ON DOLLAR COIN CIRCULATION http://www.coinbooks.org/esylum_v10n31a21.html DENVER MINT BEGINS STRIKING WYOMING STATE QUARTERS On Monday the U.S. Mint in Denver held a ceremonial striking of Wyoming's commemorative quarter with a number of Wyoming state officials present. The Denver Post published a short article: "Participants in the ceremony included Bradford Ross, the grandson of the first woman governor of Wyoming and the first woman director of the Mint, Nellie Tayloe Ross; Milward Simpson, director of the Wyoming Department of Parks and Cultural Resources; and James Helzer, Wyoming Quarter Commission Member. "According to a news release, Wyoming's state quarter is the fourth coin released in 2007 and the 44th released in the Mint's 50 State Quarters Program. An image of a bucking horse and rider are featured on the coin, along with the inscription, "Equality State," which acknowledges the state's historical role in establishing equal voting rights for women. The coin also is inscribed with "Wyoming" and the year "1890," the year the state was admitted into the Union." To read the original article, see: http://www.denverpost.com/rapids/ci_6556911 The Jackson Hole Star-Tribune published a video on its web site. To view the video, see: http://www.casperstartribune.net/video/video.php?v=quarters The Wyoming Tribune published a lengthier piece: "Some may look at the Wyoming quarter - which was the subject of a ceremonial striking at the U.S. Mint here Monday - and see the duality in the state's culture engraved on the tails side of the coin. "On the right of the coin is the state slogan, 'The Equality State,' celebrating Wyoming's groundbreaking role in providing equal rights for women. "On the left is the well-known cowboy on a bucking bronc - a masculine symbol of individualism that brings to mind the popular moniker 'The Cowboy State.' "Nellie Tayloe Ross, Wyoming's first female governor and the first woman in the nation sworn in as a state governor, would not see those values in opposition though. "On Monday, her grandson, Bradford Ross, said, 'I think my grandmother would say that the suffrage issues really helped illustrate the reality of the (cowboy on) the bucking horse symbol. "'The men of Wyoming - the cowboys of Wyoming - are so self-confident that they don't feel like they're losing anything by giving women the right to vote. My grandmother saw the people of Wyoming were progressive and insightful.' "Dignitaries and media milled about the highly secured production floor of the Mint in Denver, a facility Ross knew well. "Milward Simpson is director of the Department of State Parks and Cultural Resources. He also was a member of the Wyoming Coinage Advisory Committee that reviewed and whittled down the options for the coin. "He said public suggestions for the bucking bronc and cowboy as a symbol for the coin ran 10-1 as the most recommended symbol in 3,200 suggestions. "Some people see the two slogans - 'The Equality State' and 'The Cowboy State' - as contradictory, but he does not. "'The nature of the cowboy as a symbol is retrospective, and the Equality State is aspirational. So they sort of fit together,' he said. "Simpson said Ross' role at the Mint made her the logical choice to exemplify Wyoming's commitment to equality for women during the striking of a coin. "She was appointed to head the U.S. Mint by President Roosevelt in 1933 and served until 1953. "Bradford Ross said his grandmother's accomplishments at the Mint included overseeing the opening of a new building in San Francisco in 1937; producing coins for European nations after World War II; and pushing for automation and efficiency at the Mint facilities. "Bradford Ross said, 'Walking the halls of this building as a little 12-year-old boy with my grandmother, I could see how proud she was of the people who work here and the work that they do.' "Ross' legacy lives on at the Mint, said Barbara Hurtgam, acting deputy plant manager. "She said she hoped the attendees witnessing the ceremonial striking would find the facility 'as automated and efficient as (Nellie Tayloe Ross) would want us to be.' To read the complete article, see: http://www.wyomingnews.com/articles/2007/08/07/featured_story/01top_08-07-07 .txt COLORADO SENATOR INTRODUCES BILL TO ADJUST METAL CONTENT OF U.S. COINS "U.S. Sen. Wayne Allard, R-Colo., has introduced legislation that would authorize the Secretary of the Treasury to adjust the metal content of coins distributed by the U.S. Mint. The bill is an effort to save taxpayers over $100 million per year. "'This common sense legislation will allow our government to alter the composition of coins so we no longer have to spend so much money making our money. As a representative of one of the two states with a U.S. Mint Department circulating coins, I will work hard to ensure that this bill is passed expeditiously so our government can start saving money today,' Allard said in a press release. "The U.S. Department of the Treasury has reported that changing the composition of our pennies and nickels will save the government over $100 million a year. This legislation could also lead to a saving of nearly $400 million a year by making similar changes to the dime, quarter and half dollar. "Allard added that once this bill is enacted, the United States Mint, which is a part of the U.S. Department of the Treasury, will seek industry and public comment on alternative compositions for the coins." To read the complete article, see: http://www.greeleytrib.com/article/20070807/NEWS/70807013 To view the full text of the bill, see: http://allard.senate.gov/_files/CoinMaterialsMdernizationActof2007080207.pdf [David Ganz published a detailed article on this legislation on Numismatic News' Numismaster site. Here are a couple excerpts. -Editor] "Legislation has been simultaneously introduced in the House and Senate to allow the Treasury secretary to change the composition of American coinage, and to allow public participation in the process. "This marks the third time in the last 42 years that the Mint is being asked to make serious changes in its coinage composition. The first came with the Coinage Act of 1965; the second came with the proposal in 1973 to change the composition of the cent from copper to aluminum. Copper-nickel clad coins and a zinc cent that is copper plated were the end result. "This legislation is far more encompassing and looks to the future and the need for prompt action by the Treasury secretary as the price of copper, nickel, zinc and other raw materials rises faster than Congress can cope with them. "Treasury has undertaken several major studies of coinage composition in the last half century. First of these was by the Treasury and entitled, "Treasury Staff Study on Silver and Coinage" (1965). Treasury also contracted for private studies. "One of these was by the Battelle Memorial Institute, entitled "Final Report on a Study of Alloys Suitable for Use as United States Coinage" (1965). "Before any changes take place, both the Senate and House must approve in identical bills and the President must sign it into law. Odds are this one will move ahead, given its powerful backers." To read the complete Ganz article, see: http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=2671 NEW HAMPSHIRE GOVERNOR VISITS LITTLETON COIN COMPANY On Monday, New Hampshire Governor John Lynch visited the town of Littleton and made a stop at Littleton Coin Company. His visit was chronicled in the Caledionian-Record of Vermont. "After getting an earful about health care needs, and being very impressed by what happens each day at Littleton Regional Hospital, the governor headed over to the Littleton Coin Co. for an up-close and personal look at one of the region's top employers - employing 360 people, said Milton Bratz, director of Administrative Operations. "The company was a dream of Maynard Sundman, who was a coin collector, and after the war desired to start a company based on his passion - he found an investor and had his wife look for a site in New Hampshire. "They moved the fledgling business from Bristol, Conn., to Littleton, the 92-year-old Sundman shared with the governor. He said the city he grew up in had a brass mill, and he got the idea that a coin company would make a good business. "The governor and he inspected the old Royal typewriter he still uses, 'but not for important things,' he said with a smile. "Bratz told the governor that even when the economy isn't so strong, that people continue to purchase things for their hobbies - such as coin and stamp collecting. People may cut back on eating out or buying fancy suits, but they 'keep buying stamps and coins.' "The plant, located in the Littleton Industrial Park, has expanded several times and occupies an 85,000-square foot facility. "Littleton Coin has 'the largest inventory of any coin company in the United States,' today, said Bratz, as Gov. Lynch moved around the company, learning about the ins and outs of collecting new coins, and the value of ancient coins excavated the world over." To read the complete article, see: http://www.caledonianrecord.com/pages/local_news/story/ef8ecc4c8 CANADIAN COUNTERFEITERS SWITCH HOLOGRAPHIC STRIPS Crooks in Canada are playing switcheroo with a real security feature on Bank of Canada notes. "The RCMP are warning the public to be wary of funny money sporting a genuine security feature. "Counterfeiters are stripping the holographic stripes off of lower denomination bills and gluing them onto poor quality $20, $50, and $100 notes, according to the RCMP Bureau for Counterfeit and Document Examinations (BCDE). "What?s more, the crooks are taking the genuine notes without the holographic stripes to banks to be replaced, or pasting $20 stripes on counterfeit $20 notes, then returning the damaged bills to the bank. "The majority of incidents have occurred in Alberta but the bills have also popped up in B.C., Ontario and Quebec. "The public and merchants should be on the alert for bills which have a genuine holographic stripe with a lesser denomination than the actual bank note." To read the complete article, see:http://www.abbynews.com/portals-code/list.cgi?paper=38&cat=23&id=1041169 &more=0 COUNTERFEITERS WASHING, REPRINTING HIGHER DENOMINATION NOTES Counterfeiters in Louisiana are washing genuine notes and using the paper to print higher-denomination fakes. "The pen commonly used to identify counterfeit money isn't enough to tell that $100 bills being passed in Central Louisiana are phony. Bank tellers and store clerks need to look at other security features built into every bill, police say. "Counterfeiters have been removing the ink from $5 bills and printing them as $100s, said Alexandria Police Sgt. Lee Leach, who is a financial crimes detective. Because they use the paper from real money, they will pass the pen test, he said. "The pen's ink checks for chemicals embedded in currency. 'The pen can only tell if the paper is authentic or not ... If the money has been washed and you have a fake $100, it's no good and you're out of money,' Leach said. "Some businesses won't take any bill larger than a $20. But people counterfeit $20s and $10s, too, Leach said. 'We have counterfeit detection on currency counters, and it's a good idea for people to look to find Abraham Lincoln's face on a $100 bill,' Abshire said. 'I was a teller before, and those fake $100 bills look different. They are real good quality, but the color is faded looking.'" To read the complete article, see: http://www.foxnews.com/story/0,2933,292783,00.html PAKISTAN INVESTIGATES IMPROPERLY PRINTED BANKNOTES According to published reports, "The speaker of Pakistan's parliament has ordered an inquiry into why the national flag depicted on the new 1,000 rupee banknote is not in green but red and carries a close resemblance to its Turkish equivalent. "A senior finance official told the National Assembly that a cabinet committee had approved the note, which went into circulation in late 2006 and is worth the equivalent of $16. "The controversy comes at a time when Pakistan finds itself in the middle of a political storm." To read the complete article, see: http://timesofindia.indiatimes.com/World/Pakistan/Pak_officials_irked_by_Tur kish_flag_on_banknote/articleshow/2269650.cms THE CURIOUS HISTORY OF THE PURPLE HEART American Heritage has published an interesting article on "The Curious History of the Purple Heart" on August 7th, the 225th anniversary of its creation. "The Purple Heart is known among servicemen as the ?medal no one tries to earn,? yet hundreds of thousands have been awarded. It is the oldest military decoration still in use in the world, having been established by Gen. George Washington at a moment when he feared losing his army to mutiny or revolt, yet for a century and a half it was all but forgotten, only to be reborn in the 1930s. "Washington personally awarded the badges?small hearts of purple-sprigged silk edged in silver thread, purportedly designed by Pierre L?Enfant, who would later plan the city of Washington, D.C. ?to Brown and Churchill at his headquarters in Newburgh on May 3, 1783... On June 10, Washington presented a third badge to Daniel Bissell, Jr., another sergeant with the 2d Connecticut. "And that?s where the official chronicle ends. In his original orders, Washington had directed that each recipient?s name be ?enrolled in the book of merit which will be kept at the orderly office.? The book, if it ever existed, seems to have become a casualty of the haphazard storage of records in the nineteenth century. "Although no other documentation exists, it?s unlikely that Washington awarded only three Badges of Merit, and all to Connecticut residents. For one thing, a fourth badge later turned up in a New Hampshire barn. In the 1920s, an officer of the New Hampshire Society of the Cincinnati found a dust-covered, moth-eaten Continental Army uniform coat hanging limply from a peg in a Deerfield stable. On the left breast was a heart-shaped silk badge, believed by experts to be a genuine Badge of Merit. The original owner is unknown, but he could not have been Churchill (whose badge is in a New York State museum), Bissell (whose badge was destroyed in an 1813 fire), or Brown (whose badge was stolen in 1924 and had a different design)." To read the complete article, see: http://www.americanheritage.com/events/articles/web/20070807-purple-heart-ge orge-washington-military-decorations-medals-army.shtml NUMISMATICS: A CULT OF SOME SORT An obituary published Saturday in the Chicago Tribune shows how you can keep people guessing about what a "numismatist" is. "Paul A. Downing, a retired savings and loan executive who once served under former Gov. Jim Thompson, gained a reputation for honesty and integrity but also displayed a mischievous wit that left co-workers laughing or running for their dictionaries. "He once introduced himself to a new secretary as a "numismatist," said one of his former employees at Uptown Federal Savings and Loan in Chicago, where he worked the majority of his professional life. "By day's end she was pretty sure he belonged to a cult of some sort," said Dory Hofvander. "That evening she looked the word up in the dictionary and found out he was a coin collector." FEATURED WEB PAGE: A SHORT HISTORY OF METALS This week's featured web page is recommended by John and Nancy Wilson, Ocala, FL. They write: "Here is a great place to find out everything you might want to know regarding metals. The title and credits are, 'A Short History of Metals', by Alan W. Cramb, Department of Materials Science and Engineering, Carnegie Mellon University." [I found the paper very interesting. It's a short but thorough overview of "what we knew when" about various metals. What's most fascinating is how mankind developed using so few metals. "... seven metals, known as the Metals of Antiquity, were the metals upon which civilisation was based..." (Gold, Copper, Silver, Lead, Tin, Iron, Mercury) "These metals were known to the Mesopotamians, Egyptians, Greeks and the Romans." "Currently there are 86 known metals. Before the 19th century only 24 of these metals had been discovered and, of these 24 metals, 12 were discovered in the 18th century. Therefore, from the discovery of the first metals - gold and copper until the end of the 17th century, some 7700 years, only 12 metals were known." http://neon.mems.cmu.edu/cramb/Processing/history.html The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. For more information please see our web site at http://www.coinbooks.org/. There is a membership application available on the web site at this address: http://www.coinbooks.org/club_nbs_member_app.html To join, print the application and return it with your check to the address printed on the application. Membership is only $15 to addresses in the U.S., $20 elsewhere. For those without web access, write to: David M. Sundman, Secretary/Treasurer Numismatic Bibliomania Society, P. O. Box 82 Littleton, NH 03561 For Asylum mailing address changes and other membership questions, contact David at this email address: dsundman@LittletonCoin.com To submit items for publicati