The Numismatist

154 Pages·1994·36.7 MB·English

by  American Numismatic Association

1993 A ecer Year.
Thanks Te You!
vMiwG~MIeQLiwA%3COPvulKINS
NlJ~l Ic$~1IP
When you consign toBowers and Ifnet cash results are important
Merena, you consign toafirm with to you, select the best firm in Highlighted By
an unequalled record ofauction the business: Auctions by Bowers These Sales:
success. Consid- and Merena, Inc.Telephone our oviocsocslw
erthat ofthe Director ofAuctions, Richard A. Rlucuciivt ills
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record auction 1-806-"45$.4646. i@iTci)wATIs
prices for indi- Hewill tell you in complete March 14-16, 1994 GOlasi.vBpiiv54occvvcii
vidual coins, we confidence how you can include ecrutyc ofO
hold eight: in- your U.S. New Accsftthy Coitslttsittsttts ~
cluding sixof coins and Los Angeles
the top seven!
currency, May 27-28, 1994
Consider, also,
pcrsouully supervise world oran-
tkcskowcusiulr of tthhareteOfmtohsettvOaplu- cient coins, in Now Auetttfsy Cossltttttttettts
able U.S.collections ever auc- our upcoming New York City ggW~MSA+
program of
tioned, we catalogued and auc- September 12-14, 1994
public auction
tioned all three: the $25million
GHaorprkeitntsCUolnleivcetrisointy,fotrhTeh$e2l0ohmnisllion sNaaneldwesoYthhoeerlkdr Cinity A.ucOBtiuuousrys,D,iwfrie1rcl.towRroicrokkf NowNhercwsftttiYtltoCrtktttsltCttttitttsyttts SDSttuaarctieknsg'sGhthoaelsd,jpuaSssittlvce1or2mampnlodentetChdsopiptSsetra1c9cko9'si3nisas,usucUtei.doSn.1Py6aepsaeerpr.aCrautrerenccaytaloagsuewsellcoanstaainviansgt s2e6le,c1t8io3nlootsfAonfcUiennitted
Norweb Collection, and the $!2.4 closets with sou.
metropolitan November 17-19,1994 and Foreign coins in all metals.
million Eliasberg Collection ofU.S.
areas across the country. In 1993we received the "BestCatalogue ofthe Year Award" and an "Extraordinary Merit
Gold Coins. The same bidders who
have set world's records will be Or, you might decide tocon- Now Atostttlwg Cottsftttttttsttttt Award for our auction catalogues.
bidding on your coins, too. sign toour very popular King- Kingswood Galleries SHteaacdk"Nsiaclkseoleastta4bl9i6sh2e,d500a.0n0ew record at auction for a20th Century coin, the famous 1913Liberty
otheWrshaotvwerethhaeveyeadrosn—e ofovrersomany swoEoditheGralwlearyie,sitmmaaiyl bbiedthsaelebse.st Mail Bid Sales No other firm has issued somany catalogues, encompassing somany lots and won TWO awards
... in one year. Our unmatched experience makes this happen. Each collection receives the personal
$200,000,000worth ofcoins sold financial decision you have ever and mattif, mattif Ntore! attention ofour 16in-house numismatists, making each catalogue aunique offering ofcoins.
forover 10,000consignors- made! Please call us today at
We would be very pleased tohave your collection featured during one ofour 1994Auctions. We
we can do foryou. I4()t)-45M('t4tt. have already completed our sales catalogues for January and February 1994.We would welcome
your collection for one ofour Spring sales or possibly later in the year.
AUCTIONS BV BOIIERS AND A„ INC. We believe Stack's offers aunique service and skill unrivaled by any other auctioneer in America.
Ifyou'rethinking ofselling, 188West 57th Street.
Attn: Dr. Richard A. Bagg ~ Box 1224 ~ Noifeboro, NH 03894 you must think ofStacks. 0 9 NTeewlepYhoonrke, N(8Y121)0508120--22528800
Contact Harvey orLawrence Stack Fax[phone]
Call toll-free: 1-800-45S-4646 ~ In NH: 603-569-5095 ~ Fax: [phone]
AMERICA'8 OLDEST 4LARGEST COIN DEALER i5LEADING COIN AUCTIONEERS FOR OVER 58YEARS
STAItIDARD GUIDE TO SINALL-SIZED
U.S.PAPER INONEY Edited by BobWilhite and Tom Michael
(500+pages, 6"x9",softbound, $60)
ByDean Oakes
With sgedal contributions from ttrfichael Crabb, John Collectors, investors and dealers spend hours search-
Schwartz, Peter Huntoon 8Bernard Schaff ing auction catalogs, trying desperately togauge the
(300pages, 250Mw photos, 6"x9",softbound, rarity ofcoins and thus, value. Butwhy swim through a
$24.95) paper tide when, in seconds, 1994AUCTION PRICES
More than 250large, clear photographs are the focal REALIZED, U.S.COINS shows you who, what, when
point ofthe all new STANDARD GUIDE TO SMALL- and the all-important HOW MUCHI
SIZED U.S.PAPER MONEY. Positive identification BobWilhite and Tom Michael, two ofthe hobby's top
becomes easier on the eyes. market analysts, compiled over 500pages ofactual
Also included in this invaluable reference are listings winning bids from nearly 50major auctions in 1993.
for more than 14,000serial number blocks and Over 60,000lots are listed by category, date ofsale,
groups, and accurate, up-to-date valuations for thou- auction company, condition, price and third-party
sands ofissues from 1928tothe present. Updated grading service, when applicable. You can trust and
printing figures and aconcise but cofnprehensive rely upon this single, indispensable source when buying
history ofmodern U.S.paper money make this the orselling U.S.coins.
most complete treatment ofsmall-sized U.S.paper
money ever!
(Shipping is$2.50forthe first book, $1.50each additional book.Wl residents, please add 5.5%sales taxtototal. Foreign addresses, please add
$5.00per bookforshipping, payable in U.S.funds, orbycheck drawn on aU.S.,Canadian orMexican bank, orbycredit card.)
Each is a sparkling, brilliant gem Proof! I ~
l. and 2. A two-coin set 4. 1988-SOlympic Games
containing the 1986-SStatue commemorative silver dollar,
ofLiberty half dollar and the superb Gem Proof in original
1986-SStatue ofLiberty silver case ofissue. Original issue
dollar, showing the statue price: $29.00.
overlooking New York Harbor. 5.
Your FREEcommemora-
These are the most popular
tive is a 1982-SWashington
commemorative coins ever
Bicentennial half do—llar Proof-65
made. Each is a superb Gem
or better as issued a sparkling
Proof in the original case of
, gem. Original price: $12.50.
issue. This pair ofcoins 'KKiMLiLK'S"'
originally was sold by the Total original issue price: e~srav To
Mint for $31.50. $101.00.You pay LESS
THAN HALF at only
3.
1987-SConstitution $49!
plus $3shippi+
Bicentennial silver dollar,
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price: $28.00. limited
gq)otrf goo .
Oa
ersessarxaesr
MODERN
- 1400@
//y"-„':.
COMMEMORATIVES ~
I
Buy four beautiful modern &acme~
commemoratives for just S49. . .
AND GET THE FIFTH ONE
ROZS4R&
Yes!Please send me these beautiful modern commoratives Bowers'
9 I
) Four coins, PLUSthe Washintnon half dollar for$52 Merena
Galleries Inc.
NAME
I
Direct~Sales
ADDRESS
~cm 0 STATE 9 ZIP 0 . Box-"I;224,'
~ Qcheek MasterCard Visa . Amex Wolfebboro, 'NH Crid (IfR„„'Salary IIIII
'""~08894'~
EXP.DATE s, ' st'44 m,
Numismatist
Th
FEATURES
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
COMMEMORATIVE COINAGE
Olympic Dreams Begin with Today's Collectors
202 Proceeds from the sale of 1992U.S.Olympic commemorative coins have made possible new
training facilities for America's star athletes.
STEPHEN L. BOBBITT
SCRIPOPHILY
Obligations of the Chesapeake and Ohio Canal
0
211 Carrying out the grand dream ofthe C R Canal involved a struggle against nature and
a quest for resources in troubled times.
ARTHUR CRAWMER
OLYMPIC COINAGE
Muscle Up Your Collection for the Next Olympics
219 Assembling a collection ofOlympic commemoratives can involve anumber ofchalleng-
ing approaches.
MARK A. BENVENUTO
U.S.COINAGE
The Inscrutable 894-S Dime
I
228 Continuing research on this highly collectable Barber issue reveals several inconsistencies
regarding the number and pedigree ofextant specimens.
WILLIAM A. BURD
FRENCH NUMISMATICS
In Defense of Tiolier and the Committee
235 Criticism ofdie copies ofawell-known French medal launches the author on a search
for justification.
DAVID BLOCK
l62 THE NUMISMATIST ~ FEBRUARY I994
FEBRUARY 1994
VOLUME 107
NUMBER
2
DEPARTMENTS
170 From Your President by Don Bonser
by David L.Ganz 296 Advertising Rates
172 Heads orTails 297 Display Classified Ads
175 Letters 301 Auction Insights
175 100Years Ago in by BobMerrill
The Numismatist 303 Curator's Corner
183 New Issues by Robert W. Hoge
187 ANA Chronicle 304 Donations
Citizens Commemorative Coin 305 Information for Authors
Advisory Committee, Outstand-
307 Classified Ads
ing Club Publications Contest,
New Orleans Convention Up- 310 Advertisers' Index
date, New Orleans Tentative 312 Pearlman's People
Schedule ofEvents, New Or-
by Donri Pearlman
leans Numismatic Theatre, Me-
diation Regulations, Friedberg
Pack™,
Donation, Freedom
COVER Detroit YXAuction, Summer
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Conference, Presidential Awards
Olympic swimmer Whitney Hedge- 197 Numismatic Narratives
peth is backdropped by the U.S.
240 Names in Numismatics
Olympic Committee's new Aquatic
Center in Colorado Springs, made by Pete Smith
possible through the sale of I992 244 Coins and Collectors
U.S.Olympic commemorative by Q. David Bozoers
coins (page 202). BRADARMSTRONG 249 Notes on Paper
by Gene Hessler
254 The Other Side ofthe Coin
by Edward C.Rochette
259 Consumer Alert
by Kenneth Bressett
267 Membership News
Cakndar ofEvents, Club Activ-
ities, Membership Report, Obit-
uari es
290 ANA Authentication Bureau Actual Size:32mm
by7.P.Martin Atohcoosltleoctfocrosinsseeaknidngmneduamlsismisataicvailable
293 The Collector's Edge mementos ofthe Olympic Games
(page 2I9).
FEBRUARY '1994 ~ THE NUMISMATIST 163
ational o xc an e, nc.
World Wide Leaders In The Coin Industry
Why National Gold Exchange, Inc. should be your source:
One ofthe nation's largest inventories ofU.S.Gold and Silver
Rare Coins. We have an extensive variety ofPCGS, NGC, and
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Pricing: Our Large volume enables us to offer competitive buy/sell
spreads.
NGE is a major importer ofU.S.Gold from Europe. Our buyers
overseas ship on a regular basis assuring you ofa reliable source
Source: for fresh deals on raw U.S.Gold. Because we attend so many
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Rapid credit approval, excellent payment terms, memos, FAX
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service with our up-to-the-minute inventory, as well as financing
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offer you.
Stability: NGE was incorporated in 1979and will provide on request
banking and accountant references.
RK5PCGROROIANFDEISNSGIONAL MANAARKLMYA¹2F2FE5E1
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Tel. [phone] FAX [phone]
l64 THE NUMISMATIST ~ FEBRUARY 1994
American Numismatic JohnJayPlttman, Guverusr
A 8 I 0 C I A T I 0 N 4RoAcchteosnterS,trNeeYt 14615
Florence N.Schook, Gaversor
P.O.Boz2014
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Anthony twkdnk, Governor
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Manhasset, NY 11030
Nancy Wgson, Governor
P.O.Box27185
Milwaukee, WI53227
trORPORATE OFFICERS
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(open Saturdays, Memorial DaytoLabor Day) Accumulations ~ Silver
TheAmerican Numismatic Assodadon, anedu- SPECIAL OFFICERS Dollars ~ Type ~ Gold ~
cational, nonproSt organization, isthe largest Commems ~ Keys and
and most active numismatic body inthe world. David LGanx, tugirbctive Counsel Semi-Keys
It invites and welcomes to membership all 1394Third Avenue
worthy persons who have asincere interest in New York, NY 10021-0465 SERVING THE
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petuity by an Act ofCongress on April 10, Arthur N.Fltts III,Aaistunt Treasurer ~ Purchase entire collections
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FEBRUARY 1994| ~ THE NUMISMATIST 16S
APPliCatiOn fOr MemberShiP (check one catgegory) The
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Name (please print)
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Outside U.S. .. .....................................................................$33 1994 American Numismatic Association. All
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accompanied byU.S.funds drawn on aU.S.bank. Numismatic Association.
I66 THE NUMISMATIST ~ FEBRUARY /994
Dear Collector,
Last year I traveled to ten different states to purchase coin collections like
yours, By meeting you at your home, office or bank I can take the time to
evaluate each coin in your collection.
I won't "cherry pick" your collection, but will buy everything you have col-
lected, From pennies to Franklin Mint products, I buy it all! Rather than let-
ting your estate or wife sell your collection to the local baseball card/coin
dealer, work with a professional who has been engaged only in the business of
buying and selling coins since 1974.Pick up the phone and give me a call at
1-800-4ZZ-0787
Looking forward to meeting you soon, I am
Sincerely yours,
Dale L.Williams
President
gaia
CjALLERQ, 1pOc.
LM2853
First Bank Bozeman, Suite 402 ~ P.O.Box 1270 ~ Bozeman, MT 59771
Since
1-800/422-0787 ~ 406/586-4343
1976
FEBRUAR Y 1 994 ~ THE NUM IRMA TIST 167
When It Is Time to Sell
Your Coin Collection
ANTHONY' S
Needs Your U.S.&Foreign Coin Collections &Accumulations.
In our 35years ofbusiness we
have built a reputation for hon-
esty. We purchase everything in
coins including tokens, medals and
paper money. Everything has value.
Everything is paid for. We have the
cash and we pay immediately. We
travel the entire United States pur-
chasing coins.
WHO SHOULD SELLYOUR COINS
..'.Don't leave the responsibility of
selling your collection to someone,
who is not equipped to handle the
task. You, the collector are best able
to sell your holdings in
an orderly and intelligent manner.
DON'T WASTE MONEY . .'. Why
continue to pay expensive rental fees
on safe deposit boxes? Now may be
the time to liquidate your collection
and put an end to those unwanted
fees and put the money realized
from the sale ofyour collection to
better use.
HOW IT ISDONE. ..There are
many ways to sell your collection.
Anthony's can tailor the sale to your
satisfaction. We would appreciate the
opportunity to discuss the sale of
your holdings.
CALL TONY TOLL FREE
AT 1-800-451-9645
(In New Jersey please use 201-871-3705)
The only number you'll ever need. s
Anthony
The Ps ofessimmls
harlotte Place, Box1523,Englewood Cliffs, NJ 07632
I68 'I' H E XUM I5IIIi'I 'I' I5T ~ I'5sR Url R V I 0 90