The Numismatist

124 Pages·1997·96 MB·English

by  American Numismatic Association

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Auctions by Boxers and Merena ispleased to present. ..
C M1 i'd% B
New York City
28, 1997
July
The Bowers and Merena team has put
Highlights of the Rale together a sale that is, in a word, spec-
tacular. The place is the St.Moritz Hotel,
—
Central Park South the exact same venue
that saw exciting action over the years
when the Eliasberg, Garrett, Brand, and
Fabulous Proof-66 1858 Norweb collections crossed the block, The
Large Letters Flying Eagle Cent event commences with one of the finest
holdings of colonial and early American
coins to cross the block in our time, Rari-
ties abound!
Then come federal coins from half cents
through double eagles, and what a won-
MS-65 1835Capped Bust derful display is on hand. Such items as a
Quarter Dollar magnificent Proof1858 Large Letters Fly-
ing Eagle Cent, an exquisite gem 1921-S
half dollar, and a splendid 1836Gobrecht
pattern dollar (C.Gobrecht Fon Base) will
create worldwide attention.
Among $3 pieces of the Philadelphia
Mint, there is no coin more famous than
the 1875,and this Rarities Sale offers a
glittering gem! The superb 1879Coiled
Beautiful 1836Gobrecht
Hair $4 in gold is, ofcourse, a legendary
Name Below Base Pattern Dollar
rarity. An extraordinary 1907$10J-1775
(kept in the family from theyear ofissue) 1jj1'i,'
is certain to cause a numismatic stir!
Lot viewing for the sale will begin on jjj;,,'tt,' i«j7
Saturday, July 26,atthe St,Moritz Hotel. 1 „.
.
Ifyour plans include a trip to New York tjf« ."f..
City, make this Bowers and Merena event
your focal point, Dave Bowers, Ray ',i««f«'+";)g",'1"
Merena, and the Bowers and Merena
staff will be on hand to greet you and
answer any questions you may have.
f
You are cordially invited to be a part of
numismatic history. ':il'jf i,ti
Meanwhile, a superbly illustrated jj i . .iP'jp;o'w,Ii""
jf,
Grand Format™catalogue is being pre- 1 (11
pared and will be distributed to Bowers
"1'I'fr«
and Merena clientele in June. Ifyou are ijLt
tl'
not on the Bowers and Merena mailing
list, you are invited to order acopy sepa-
rately for$20,or, foryour bestvalue, pay
only $95 for a full subscription to all
— +4jccck
Bowers and Merena periodicals which
on asingle issue basis lists over $200.To
order call toll-free and charge to your
credit card: 1-800-222-5993,extension
31. Ask for either the "Rarities Sale" 41',
catalogue for $20 or the "full subscrip-
tion" for $95 (a full subscription in-
„,
cludes The Rarities Sale catalogue). 717f7j,'«ti'q$„«,,j';11tfigzft«titbit', «f "it~!1„«.'.i«Rtf!ftii"'i.
BO
AUCTIONS 5Y AND M[DE'NA, INC.
Box 1224 ~ WoLFRRoRo, NH g389 458-4646 ~ IN NH: 569-5095
FAX: [phone]' wersandmerena. corn
NUM0797C
Numismatist
Yh,
FEATURES
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
U.S.COMMEMORATIYES
Jackie Robinson Commems: All Bases Covered
748 Certain to be ahit with collectors ofcoins and baseball memorabilia alike, the new Jackie
Robinson commemoratives celebrate a sports and civil rights hero.
DONN PEARLMAN
COLLECTORS 4 COLLECTING
Why Not Join a Specialty Club?
754 Put more fun into collecting by meeting other collectors who share the same interests or by
exploring anew area ofthe hobby.
BILL FIvAz
U.S.COINAGE
A Quiet Adventure with Carson City Mint Dollars
761 One numisma—tist's purchase—ofCarson City Morgan dollars in the late 1950shas resulted in
an attractive and valuable collection.
MURRAY G. SINGER
SOUTH AFRICAN COINAGE
The Krugerrand: Making History for Three Decades
764 Introduced in 1967,the South African Krugerrand first made it possible for small investors
to purchase gold and today leads the world's bullion coin market.
ANN HAYWARD
''C:~~NNA~
'
IR
Aworld ofdiscovery awaits those who join one ormore ofthe scores ofclubs that specialize
in aparticular area ofnumismatics (page 754). ANAPHOTOARCHIVES
722 THE NUMISMA TIET ~ ZUL Y I997
JULY 1997
VOLUME 110
NUMBER
7
DEPARTMENTS
730 From Your President 819 From One to Seventy
by Kenneth Bressett by David W.Lange
732 Heads orTails 823 The Collector's Edge
735 Letters by Don Bonser
739 New Issues 828 Advertising Rates
Austria, Azerbajian, Sweden, 829 Display Classified Ads
United States
830 Auction Insights
743 Numismatic Narratives by BobMerrill
769 Coins and Collectors 832 Curator's Corner
by Q.David Bowers by Robert W.Hoge
773 Names in Numismatics 834 Information forAuthors
by Pete Smith
837 Classified Ads
779 Presents from the Past
839 Advertisers' Index
by David R.Sear
783 The Other Side ofthe Coin
by Edward C.Rochette
787 Consumer Alert
u.sMINT by Kenneth Bressett
791 Bookmark
by Lynn Chen
799 Membership News
COVER ANA CHRoMcLE
Numismatist ofthe Year,
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
MONEY TALXSSponsor, New
New silver and gold coins scheduled for
release this month commemorate abase- York Convention Tentative
ball legend and his impact onthe game Schedule ofEvents, Free Web
and American society (page 748). Pagesfor Clubs, New York
Convention Medal, Workf
Series ofNuntimsatics, Nnv
YorkAuction Highlights,
ANA Convention Hostfor
2000,Rarities on Display at
Convention, FreeAuction
Catalogs for YNs, Curator's
Chair, Hobby Protection Act,
Donations Dollars struck bythe United States Mint
in Carson City, Nevada, typically com-
CALEIVDAR OFEVEVTS
mand higher prices than those produced
CI.UBNEB's byother mints (page 76I).
OBITUARIES
AHAPHOTOARCHIVS
yULY 1997 ~ THE IVUMISMATIST 723
National Gold Exchange is
a leading force in the Rare Coin
Industry with annual sales exceeding
$75 million. Incorporated in 1979,
this two person coin company has
grown to over 80 employees world-
wide. NGE is your Source for U.S.
~
~
Gold and Silver Rare Coins. Whether
0 you are buying or selling, NGE
~
welcomes your business.
~ Over $5 Million Dollars in Raw & Slab Inventory
~ Weekly U.S.Gold Shipments From Our European Of6ces
*Daily Shipments From NGC and PCGS Grading Services
~ Weekly Inventory Faxes and Raw Gold Spreads
*
Full Service - Buying/Selling/Consignments/Approvals
*
Financing and Terms Available
*Overnight Payment or Delivery
*
Honesty& Integrity for Over 20 Years
AHA. Morgan Dollar Special
NGC MS64 @00.0Each -(Minimum 10Pcs.)
Good Date Mix
a iona o xc an e, nc.
14809N. Dale Mabry Hwy. , Tampa, FL 33618
Tel. [phone] FAX [phone])
72' THE NUMISMATIST i jULY I 997
American Numismatic Gary E.Lewis, Governor REGIONAL COORDINATORS
A S S 0 C I A T I 0 N PC.aOpe.BCooxra1l,51F3L9133915 Forinformution ubout numismutic clubs and
activities inyour ares, contactyour neurest
Fax:[phone]
Regional Coordinator ortbeANA.
Will Rossman, Governor
100Highland Park Village, Suite 200 National Coordinator
Dallas, TX75205 H.Robert Campbell, 1123E.2100S.,
Fax:[phone] SaltLake City, UT84106
E-mail: wilI@heritagecoin. corn —
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CORPORATE OFFICERS MN 55903
The American Numismatic Association
(tiAoNn,A)i,s athneeldaurcgaetsitonaaln,d nmoonsptroafcittiveorgnaunmizias-- R81o8beNrtoJrt.hLouCvaesrc,adCeEOA/Evetcneuceutive Director R$3eg2i-o$n37b—,9A7Z9,),CMOT,,SNouMthe,rnNVI,DU(TZ,ipWCYodes
matic body in the world. Itinvites and wel- Colorado Springs, CO 80903-3279 Tony Tumonis, 3411S.Camino Seco,
comes to membership all persons who have E-mail:leuveremoney. org ¹128,Tucson, AZ 85730
a sincere interest in numismatics, whether George D.Hatle, General b'Legislative Counsel —
they collect coins, paper money, tokens or 400Renaissance Center, Suite 1900 Region 7 AK,Northern ID(Zip Codes $55,
medals, whether advanced collectors or Detroit, MI48243 $3$,990),OR, WA
those only generally interested in the sub- Adna G.Wgde Jr.,Treusurer Tom Sheehan, P.O.Box14,Seattle, WA
ject.The ANA was founded in 1891,and 29Friendship Lane 98111;E-maih tsheehanwolfenet. corn
claims more than 27,000 members from Colorado Springs, CO80904-1814 Region 0—CA,HI
every state in the Union and many foreign Walter Ostromecki, P.O.Box4159,
countries. The Association's official journal, SPECIALOFFICERS Panorama City, CA91412
TbeNumismatist, was first published in 1888 John J.Gabarron, Sergeant-at-Arms —
by Dr. George F.Heath. Chartered for 50 210North 32nd Street Region 9 LA,TX
years by an Act ofCongress in 1912and re- Lincoln, NE 68503-3427 Bernard Loebe, 5711Neches, Houston,
newed in perpetuity by an Act ofCongress TX77026
oganniAzaptriioln10f,or19th6e2,btehneefAitNoAfiitss amemmubtuearls.or- GHMeiCcnhsa6eE9l,.JHB.yHonxodds6,d0eA6r,ssiHstiasntotriaSnergeant-at-Ames GReagrioTnraIv0i—s,W4o5r9ldwRiadceine Dr.,¹101,
BOARDOFGOVERNORS Wolfeboro, NH 03894 Wilmingto—n, NC 28403-1721
Kenneth E.Bressett, President Richard Goudle, Assistant Treasurer Region II AR, KY,MO, MS,TN
P.O.Box60145 Nancy Green, Assistant Treasurer Don Young, 560Marimon, Harrodsburg,
Colorado Springs, CO80960-0145 Kenneth LHallenbsck, Assistant Treusurer KY40330—
Fax:[phone] Gerome Walton, Assistant Treusurer Region l2 KS,NE, OK
E-mail: bressett40money. org Mark McWherter, 1107E.Northview St.,
Anthony Swlatek, VicePresident APPOINTED OFFICERSBSTAFF Olathe, KS66061-2968
P.O.Box218 Ruthann Brsttsll, Convention Director Region I3—FL,PR
Manhasset, NY 11030 Wayne S.Abraham, CPA, Controller William "Bud"Nugent, P.O.Box428,
Fax:[phone]
James Taylor, Education Director Panama City, FL32402
Helen L.Carmody, Governor —
P.O.Box302 Rudby'ABdavherr,tisDinirgector ofMembership, Marketing R16eg'9io),nWl4V OH, Western PA (Zip Codes 150-
Huntington Beach, CA92648-0302
Fax:[phone] Stephen LBobbltt, Public Relations Officer Terry Armstrong, 217S.Wright Ave.,
Lynn Chen, Librariun Dayton, OH 45403
KayEdgerton Lanker, Governor —
P.O.Box6909 Barbara J.Gregory, Editor/Publisher Region I5 Young Numismatists
San Diego, CA92166 Robert W.Hogs, Museuns Curator Larry Gentile Sr.,542Webster Ave.,New
Fax:[phone] Mlles B.Kessler, Development Director Rochelle, NY 10801
JULY 1997 ~ THE NUMISMATIST 72S
wtsg Application for Membership irkeck one category) The
0Regular 0Student 0Associate 0Senior 03-or5-Year ClClub 0LifeMember Numismatist
Present orformer ANA number, ifany
0Mr. 0Mrs. 0Ms. 0Club 7/97 EDITOR/PUSLISHER
BarbaraJ.Gregory
Name (please print) SENIOREDITOR
MANAGING EDITOR/FIRST STRIKE
Street Marilyn A.Reback
PRODUCTION MANAGER
City State ZIP Nawana Britenriker
PUEUC RELATIONS OFFICER
Countty Birth Date
EDITORIALASSISTANT
ANA Bylaws require the publication ofeach applicant's name and state. Stephen L.Bobbitt
0Check here ifyou DO NOT want your name and address forwarded to the DIRECTOROaFAMDEMvEERETILISSIHNIGP, MARKETING
ANA Representative inyour area.
Rudy Bahr
0Check here ifyou would like your name provided tocompanies with ofl'ers we EDITORIALADvISORT aOARD
feel may interest you. Q.David Bowers, RogerBoye,
Isohceiaretiwoint,h sumbajkeectatpopltihceatiBonylawfosromfesmaibderAshsispociaitnionth.eIAamlseoricaagnreeNtuomaisbmidaeticbyAthse- KDoenrmnetPheaErlm.Banre,sseCtat,rltEornicFN.eSwcmhwana,n
Code ofEthics adopted by the Association. HarClaOnNTJR.BIBeUrkT,INFGredEBDoIrTgOmRaSnn,
Q.David Bowers, Kenneth E.Bressett,
Signature ofApplicant Date Thomas K DeLorey, Duane Douglas,
George A.FisherJr.,Arthur M.FittsIII,
BillFivaz, Horace P.Flatt, Michael R.Fuljenz,
Signature ofProposer (optional) ANA No. David L.Ganz, Cory Gillilland, Phil Greenslet,
Kenneth L.Hallenbeck, Gene Hessler,
Signature ofParent orGuardian (required forJunior applicant) Michael J.Hodder, Robert W.Hoge,
R.W.Julian, Ralph Langham, Julian Leidman,
0Check QMoney Order 0MasterCard 0Visa 0American Express Joseph E.Levine, Arnold Margolis,
J.P.Martin, John W.McCloskey,
Credit Card Account No. (all digits) Expiration Date ofCard Douglas B.McDonald, EricP.Newman,
Jules Reiver, Edward C.Rochette, Russell Rulau,
David Schenkman, Carlton F.Schwan,
Daniel F.Sedwick, Richard E.Snow,
Signature ofCardholder (required) William Spengler, Anthony Swiatek,
ScottA.Travers, Randolph Zander
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accompanied byU.S.funds drawn onaU.S.bank. Numismatic Association.
726 THE NUM/SMd T/ST ~ 3'ULY /997
Want to sell your coins, but can't make
the ANA Convention in New York City?
Don't worry, let us come to you!
Each year all over the country to purchase rare coin collections like
I fly
yours. In fact, Delta airlines employees at the Bozeman airport often ask me
"Where are you off to this week~"
My goal is to make selling your rare coin collection as easy as possible.
Because most of the collections buy are from collecters have never met
I I
before, once arrive at your bank, office or home, spend time getting to
I I
know you. want you to feel comfortable with who am as an individual
I I
because, in the coin business, the person you trust to buy your collection is
extremely important.
The next step is to evaluate your collection on a coin by coin basis. If a
coin is extremely nice, I pay you for the grade I believe it truly may be. As a
former PCGS grader, I can say with pride, I know how to grade coins. The
difference between an MS-64 and an MS-65 can mean thousands of dollars
in your favor!
Once we have agreed upon grades and prices, the final procedure is
payment. Most individuals feel comfortable with my company check, but I
can use a bank wire to place funds into your account before even get on
I
the airplane. It reall is that sim le.
So, whenever you decide to sell the rare coin collection you have
worked so hard to assemble, please give me a call at 1-800-422-0787.
Montana may seem like a long way from where you live, but by air I am
just a few hours from your home.
Sincerely,
Dale Williams
/It lP MEAMNABIB
inc.
QALLERy.
Since 29 South Tracy ~ P.O. Box 1270 ~ Bozeman, MT 59771
1976 1-800-422-0787 ~ Fax: [phone]
jUL Y I 997 ~ THE NUMISMATIST 727
When it's time to sell your
coin collection,
s
on
n
needs your U.S. L foreign coin
L
collections accumulations.
We Buy Everything ln Coins
Gold, Silver, Copper, Certifie
or Uncertlfled, U.S., Foreign, Franklin Mint,
Proof Sets, Mint Sets, Paper Money, Stamps
You've spent a long time collecting coins. We have
been dealing in coins a long time, since 1958. Take
advantage of our knowledge of the current market. We
will put in the time to evaluate your entire holdings.
Everything has value. Evelything is paid for. We have
satisiied thousands of ANA members. Anthony's is
willing to travel to you, buy eve~hing you have and pay
top dollar.
..
What To Do.
The process is simple. Just call, and one of our
professional buyers will make arrangements to view the
coins anytime, anyplace that is convenient for you. If
you prefer, write us and we will contact you. We will
travel to your home, bank or oNce, or you can make an
appointment to visit our oNce in Englewood Cliff, NJ.
All dealings completely con8dentLLI.
..
free Phone Consultation. Call Today!
1-800-4$1-964S
(N.I.rcsldents plaase use 201-871-3705
WE WILL TRAVEL TO YOU!
Immediate Pa ent!
The Professiona ls
ll0 Charlotte Place, Box l523, Englewood Cllfl's, Nl 07632
728 THE NUMISMATIST ' OUI Y 1997