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Exhibitors Honored at Boston World’s Fair of Money

The American Numismatic Association presented 60 competitive exhibit awards at the 2010 World’s Fair of Money in Boston. Winners were announced at the Exhibit Awards Presentation and Reception on Aug. 14.

Forty-eight ANA members, showing 68 exhibits, competed in this year’s Collector Exhibits program. There also were 6 non-competitive exhibits.

Brett Irick received the Howland Wood Memorial Award for Best-in-Show for his exhibit, “Canadian Coins of 1947-1948.” The Radford Stearns Memorial Award for Excellence in Exhibiting, presented to the first and second runners-up, was awarded to John W. Jackson for “United States Interest-Bearing Proofs” and Simcha Laib Kuritzky for “The Jewish Lion,” respectively.

Richard Margolis won the Thos. H. Law Award for First-Time Exhibitors for “Benjamin Franklin: Early Medals and Medallions.” The Rodger E. Hershey Memorial People’s Choice Award, chosen by convention attendees, was given to Jeffrey Feuerman for “National Bank Notes of Massachusetts.” Feuerman’s exhibit also received the Ira & Larry Goldberg Award for Best Exhibit of Coins that Made History. Zachary Beier received the Derek Pobjoy Award for Best Exhibit of Modern Circulating Commemorative Coins for “Who Would Have Guessed? From a Log Cabin to the White House.”

The ANA presented competitive exhibit awards for Young Numismatists (YN) age 17 and under. The Charles H. Wolfe Sr. Memorial Award for YN Best-in-Show exhibit was presented to Benjamin Gastfriend for “Elongated Coins Featuring John F. Kennedy.”

Cindy Wibker received the Joseph E. Boling Award for Judging Excellence.

The following class exhibit awards were presented:

Class 1: United States Coins – Lelan G. Rogers Memorial

First Place – John M. Frost, “Rarities, Bargains and Neat Stuff”

Second Place – Carl B. Waltz Jr., “Matte Proof Lincoln Cents, 1909-1916”

Third Place – George B. Fitzgerald, “Rarest U. S. Silver Coin Issued for Circulation” (more…)

Official ANA World’s Fair Of Money Starts Today in Boston Featuring Amazing and Historically Significant Numismatic Exhibits

More than 1,100 of the nation’s best coin dealers with the best inventory of coins, paper money, medals, tokens and other numismatic items will gather in Boston August 10-14 at the Hynes Convention Center for the largest coin show in the world.

Sponsored by the nonprofit American Numismatic Association, the show will feature museum-quality exhibits from the Smithsonian Institution, the ANA Edward C. Rochette Money Museum and private collectors. As many as 20 mints from around the world will give visitors an opportunity to collect coins from five continents, and a number of family activities and educational programs make this an attractive event for anyone with an interest in history and money.

The Bebee Collection of United States Paper Money. A spectacular and comprehensive view of United States paper money. The 904 notes in the complete collection include a remarkable series of high-grade large-size national bank notes from virtually every state and territory. A wide range of the premier specimens will be on display in Boston.

The 1874 Bickford $10 Patterns:From the Collection of Bob R. Simpson. This exhibit features a complete set of 1874 Bickford patterns struck at the Philadelphia Mint as part of a proposed plan for an international coinage. The exhibit includes seven Bickford patterns comprising Simpson’s signature set, as well as two duplicates to allow for side-by-side viewing of obverse and reverse.

The Smithsonian Institution’s “Good as Gold: exhibit America’s Double Eagles” The exhibit tells the story of the $20 gold coin, the largest gold coin to circulate in the United States. Rarities on display include 20 coins from the Smithsonian Institution’s National Numismatic Collection, including the first (1849 pattern) and last (1933) double eagles ever produced as well as a 1907 Saint-Gaudens ultra high relief pattern that President Theodore Roosevelt gave his daughter Ethel as a Christmas gift in 1907.

The Ship of Gold exhibit displaying Gold Rush-era sunken treasure from the 1857 shipwreck of the SS Central America will be in Boston courtesy of Monaco Rare Coins. Highlights include a Kellogg & Humbert ingot – the largest surviving gold ingot of the California Gold Rush, 13 octagonal $50 gold pieces produced by the U. S. Assay Office of San Francisco and remains of a wooden cargo box still containing approximately 110 double eagles.

Mexico, 1810 & 1910: Coins of the War of Independence & the Mexican Revolution An exhibit that celebrates the 200th anniversary of the beginning of the Mexican War for Independence and the 100th anniversary of the Mexican Revolution. This marks the first time since the early 1970s that any part of Banco de México’s extensive historical collection has been displayed in the United States.

Coin Rarities, Paul Revere Silver & Rare Broadside of the Declaration of Independence. From the collection of Brian Hendelson, the first-ever display of a 1861 Philadelphia Mint Paquet reverse gold double eagle and 1921 Proof Roman Finish Saint-Gaudens double eagle. Each coin is one of two known specimens, and each is the finer-known specimen. The Paquet $20 was once owned by Egypt’s King Farouk and Ambassador and Mrs. R. Henry Norweb, while the 1921 proof was not known to exist until 2006. (more…)

Cardinal Collection of US Large Cents On Display in Boston

Bowers and Merena Sponsor display of this Multi-Million dollar collection ranked the Finest Registry Set

The number one-ranked collection of United States large cents in both the PGCS and NGC Set Registry listings will be publicly displayed for the first time in Boston, August 10 – 13, 2010, at the American Numismatic Association World’s Fair of Money. The historic coins from the Cardinal Collection Educational Foundation include some of the finest known examples of large cents struck from 1793 to 1857.

The foundation’s exhibit is co-sponsored by Bowers and Merena Auctions (www.BowersAndMerena.com) and Collateral Finance Corporation (www.cfccoinloans.com), and will be displayed at the Bowers and Merena booth, #1017, during the five-day show.

“This is a truly amazing collection, valued at millions of dollars. There are 77 large cents and each is among the very finest known for its respective date and type. Many of them are simply the finest known, period,” said Greg Roberts, CEO of Bowers and Merena.

This 1793 Chain Cent (S-2), graded PCGS MS65BN, is one of the highlights of the multi-million dollar Cardinal Collection Educational Foundation large cents collection that will be displayed August 10 – 13, 2010 by Bowers and Merena Auctions and Collateral Finance Corporation at the ANA World’s Fair of Money in Boston.  (Photo by PCGS)

While supplies last, visitors to the exhibit can receive a free, 40-page illustrated booklet published by the foundation, “Portraits of Liberty,” that describes the history of U.S. large cents.

Highlights of the exhibit include:

1793 Chain Cent (S-2) graded PCGS MS65BN that set a world’s record in 2005 as the most valuable U.S. cent;

1793 Wreath Cent, PCGS MS69BN, the single highest-graded 18th century U.S. coin of any date of denomination;

1794 Liberty Cap “Head of 1793” Cent, PCGS MS64BN, described by Logies as “the single finest representative work of early Mint engraver, Joseph Wright;”

1803 Draped Bust Cent, PCGS MS66RB, acclaimed by the Early American Coppers society as tied for the finest known Draped Bust cent of any date or variety;

the record-setting 1842 Braided Hair Cent from the Naftzger Collection, PCGS MS65RD, widely acknowledged as the finest existing “Petite Head” type;

and another record-setting coin from the Naftzger Collection, an 1852 Braided Hair Cent, graded PCGS MS65RD, and acknowledged as the finest existing cent from its era.

“The Cardinal Collection Educational Foundation is a non-profit educational organization that focuses on the study and publication of information about early coinage of the United States of America. The foundation is delighted at the opportunity for thousands of people to see these superb-quality, early American cents in person in Boston with the valued assistance of Bowers and Merena and Collateral Finance Corporation,” said Martin Logies, a director of the Sunnyvale, California-based foundation. (more…)

Limited Edition Copies of the Book “Paper Money of the United States” Available in Boston

Two hundred limited-edition copies of Paper Money of the United States, 19th Edition, numbered and signed by co-authors Arthur L. Friedberg and Ira S. Friedberg, will be available for purchase at the American Numismatic Association’s World’s Fair of Money in Boston. The books are $80 (tax included) and will be available August 12-14 in the ANA Museum Showcase on the bourse floor. Proceeds will benefit the ANA Edward C. Rochette Money Museum.

These special hardcover copies are part of the release of the book’s new 19th edition, and include an attractive dust jacket with gold foil lettering. The cover features the image of an 1863 $100 Legal Tender note from the ANA Bebee Collection of U.S. Paper Money. Many other photographs of notes from the Bebee Collection are used throughout the book.

First offering will be to convention attendees on a first-come, first serve basis. A silent auction for the first three numbered copies will be held, with a minimum bid of $80 for each copy. The auction will be at the ANA Museum Showcase, and will begin Aug. 12 at 9:30 a.m. and end Aug. 14 at 3 p.m. Attendees wishing to purchase a specific-numbered copy can e-mail museum@money.org before the show to request a number for an additional $15.

Co-author Arthur L. Friedberg will be available at the Museum Showcase Aug. 12 at 2 p.m. and Aug. 13 and 14 at 10:30 a.m. and 2 p.m. for one-hour sessions to provide personalized autographs and discuss the book. Purchases and bids can only be made by convention attendees, but those not attending may enlist an agent to make bids on their behalf.

Paper Money of the United States is the premier reference book for United States paper currency. Originally authored in 1953 by Robert Friedberg, Arthur and Ira’s father, the book illustrates, catalogs, describes and places values on all U. S. paper money from 1861 to the present. The Friedberg numbering system is the method used by numismatists to identify and describe notes.

The World’s Fair of Money, held this year at the Hynes Convention Center in Boston, is the nation’s premiere money show. Show hours are 1-5:30 p.m. August 10, and 9:30 a.m.-5:30 p.m. August 11-14. Dealer set-up is from 8 a.m. to 1 p.m. on Tuesday, August 10. Admission is $6 for adults, and free for ANA members and children 12 and under. For more information on all of the show highlights, call 719-482-9857 or visit www.worldsfairofmoney.com.

Numismatic Theatre Schedule Set for ANA Coin Show in Boston

Numismatic Theatre, a popular part of the American Numismatic Association’s convention education programs, has been finalized for the 2010 ANA World’s Fair of Money, Aug. 10-14 in Boston. Numismatic Theatre consists of 30-40 minute presentations given by ANA members on a wide range of topics. Presentations will be held Aug. 11 and Aug. 13-14 in Room 209 of the Hynes Convention Center.

A highlight of the presentations will be “The Development and Use of the Screw Press for Coin Production,” a two-hour panel discussion Aug. 13 from 3-5 p.m. Led by dealer and early U.S. coinage expert Brad Karoleff, the panel will discuss different aspects of early minting technology in the United States. Panelists include:

* John Dannreuther, author and former ANA Numismatist of the Year
* Dr. Richard Doty, curator, Smithsonian Institution National Numismatic Collection
* Bill Eckberg, noted half cent collector and researcher
* R. W. Julian, prolific numismatic writer and researcher
* Douglas Mudd, curator, ANA Edward C. Rochette Money Museum
* Craig Sholley, author famous for research into the U.S. Mint archives

Other highlights include “Money as a Social Reflection” with David Liu, 2010 ANA Harry W. Bass Jr. Numismatic Intern (Aug. 11, 9 a.m.); and “Engraver & Patriot Paul Revere: The Man & the Medal” with Jamie Franki, professor of art at the University of North Carolina and designer of the official ANA 119th anniversary convention medal (Aug. 14, 4 p.m.).

Below is a complete list of Numismatic Theatre presentations:

Wednesday, August 11

9 a.m. – “Money as a Social Reflection,” presented by David Liu

10 a.m. – “Henry Morgan: Brutal Pirate & Honored Statesman,” presented by Tom Sebring

11 a.m. – “The Liberty Paper Mill: A Cradle of the American Revolution,” presented by Peter Hopkins

12 p.m. – “Coin Grading for Beginners,” presented by William Robins

1 p.m. – “The Story of One 1786 M 5-3-B-2,” presented by Robert Moffatt

2 p.m. – “To Arms! A History of the American Revolution as Seen on Obsolete Bank Notes,” presented by C. John Ferreri

3 p.m. – “The Coin Finds from the Antioch Excavations – Revisited,” presented by Alan Stahl

4 p.m. – “Curious Currency of the World,” presented by Robert D. Leonard (more…)

Gold to Shine in Forum at World’s Fair of Money

Two leading experts on the acquisition and trading of gold coins and bullion will provide a wealth of inside information on those subjects – free of charge – during the ANA World’s Fair of Money (www.WorldsFairOfMoney.com), the year’s biggest coin show, on Friday, August 13, 2010, at the Hynes Convention Center in Boston, Massachusetts.

The experts, Scott A. Travers and Maurice H. Rosen, will be the featured speakers at Coin Collector’s Survival® Conference 2010, a 90-minute seminar that will give attendees useful information on how to “survive and thrive during the decade of gold.”

The Survival Conference will start at 10:30 a.m. August 13 in Room 200 of the convention center. Admission is free, and everyone who attends will receive a copy of one of the bestselling books authored by Travers, as well as a newsletter published by Rosen. The free books and newsletters will be vintage copies of earlier editions.

Travers is a nationally known New York City coin dealer, author and consumer advocate who has written more than half a dozen award-winning books, including The Coin Collector’s Survival Manual®, a hobby bestseller that will have its seventh edition published by Random House in November. The New York Times has described him as “the Ralph Nader of numismatics” for his consumer activism.

Rosen is a prominent professional numismatist and coin market analyst from Plainview, New York, whose influential Rosen Numismatic Advisory is recognized perennially as the outstanding newsletter in the field of rare coins and precious metals. He forecasts in the soon-to-be-published edition of the Survival Manual that “by the end of 2020, the price of gold in U.S. dollars will be $5,000 to $10,000 per ounce.”

Travers and Rosen both foresaw the tremendous advance in the market value of gold well before it began. Travers was predicting $1,000-an-ounce gold in books and articles several years beforehand, when the price was less than half that amount and barely one-third its present level of about $1,200.

Also taking part in the symposium will be Jerry Jordan, award-winning news editor of The Examiner, a newspaper in Beaumont, Texas, who wrote a series of articles exposing apparent abuses by traveling gold buyers. Jordan’s four-part series revealed that in many cases, the itinerant buyers – operating out of hotel suites – apparently offered unwary sellers a small fraction of the true value for their gold coins and jewelry.

Rick Snow Named 2010 ANA Numismatist of the Year

The American Numismatic Association has named Rick Snow its 2010 Numismatist of the Year. Snow will receive his award on August 13 during the Awards Reception at the ANA World’s Fair of Money in Boston.

President of Eagle Eye Rare Coins in Tucson since 1992, Richard “Rick” Snow started collecting in 1972, focusing on large cents and colonial coinage. In 1977 he attended his first ANA Summer Seminar, where he took the “Counterfeit Detection” course. He sold most of his collection during the mid-1980s while drifting through Tennessee and Mississippi looking for work.

Snow moved to Tucson to live with his sister and started to renew his collection. His knowledge of coins and ANA life membership got him a job at Allstate Coin Company in Tucson in 1986.

His experiences there and interaction with other hobby professionals allowed Snow to gather the information he needed to write his first book, Flying Eagle and Indian Cents. To make time to promote the book, Snow left Allstate and became an independent coin dealer.

PCGS Video of Rick Snow at the February 2010 Long Beach Expo

As one of the few specialists in the hobby, Snow sells $2 to $3 million in cents annually. He also continues to write award-winning reference books on his favorite subjects – Flying Eagle and Indian Head cents – and writes and edits Longacre’s Ledger, the official journal of the Fly-In Club, which he co-founded. Snow is preparing to launch his new business, GreatCoins.com, an Internet auction company geared toward honest practices and consumer protection.

He is a 2007 recipient of the ANA’s Glenn Smedley Memorial Award.

The American Numismatic Association is a nonprofit educational organization dedicated to encouraging people to study and collect money and related items.

2010 Maynard Sundman/Littleton Coin Company Lecture Series Explores History of Numismatics in New England

The Maynard Sundman/Littleton Coin Company Lecture Series will be presented August 12 during the American Numismatic Association’s 2010 World’s Fair of Money at the Hynes Convention in Boston. This annual series features new scholarship on a numismatic topic; the topic this year is “New England Numismatics and Numismatists: Then and Now.

The lectures will take place in Room 209, and are free and open to all attending the show. A luncheon will be held Aug. 12 from 12:15-1:45 p.m. in Room 204, near the lecture area. Attendees may choose from Chicken Roulade, New York Sirloin or a vegetarian option. The luncheon is $10 per person, and is underwritten by the Maynard Sundman Littleton Coin Co. Lecture Series Endowment and David Sundman. To register for the luncheon call 719-482-9857 (pre-registration required).

Below is the lecture schedule for the 2010 Sundman/Littleton Coin Co. Lecture Series:

10 a.m.: “Colonel Edward H.R. Green: Collector Extraordinaire”

Peter Huntoon is a renowned numismatic researcher, author and instructor

Born into a wealthy Bedford, Mass., whaling family, Edward H.R. (“Ned”) Green had an eccentric and miserly mother, Hetty. After her death, he took his half of her fortune and became a famous philatelic and numismatic collector, acquiring anything and everything in his sights, including all five 1913 Liberty Head nickels.

11:15 a.m.: “It May Prove a Drugg in Time: The Rise and Fall of Wampum in 17th-Century Massachusetts”

Max Spiegel is a prolific author and former ANA Young Numismatist of the Year

For three decades, wampum circulated alongside gold and silver coins in Massachusetts Bay. Its widespread use in the colony arose from both necessity and a desire for quick profits from the fur trade. Governor William Bradford’s warning turned out to be a remarkably

accurate prediction, and wampum’s rapid rise was followed by its sudden fall and disappearance.

2 p.m.: “Making Money in Massachusetts”

Richard Doty is a curator with the Smithsonian Institution’s Division of Political History

Colonists found ways to obtain metal and produce coins without attracting the attention of the British. Massachusetts also got into issuing paper currency, and in the process found it was a fragile medium subject to alteration and counterfeiting. In response, Jacob Perkins of Newburyport invented siderography (the art and practice of steel engraving) and steel-plate printing, making safe money available in abundant quantity to a growing nation. (more…)

Classic Coin to Display Two Ultra Rare Double Eagles in Boston Valued at $18 Million

“Coins Worthy of a King” the 1861-P Paquet and 1921 Proof Double Eagles in Historic ANA Exhibit

An $18 million display of two rare Double Eagles accompanied by Boston-related early Americana will be one of the exhibit highlights in the Museum Showcase area at the American Numismatic Association World’s Fair of Money convention in Boston, August 10 – 14, 2010.

1861-P Paquet $20 NGC MS67:  Formerly in the famous Farouk and Norweb collections, this 1861 Philadelphia Mint "Paquet Reverse" gold $20, graded NGC MS67, will be displayed at the ANA World's Fair of Money in Boston courtesy of Brian Hendelson of Classic Coin Co.  (Photo courtesy of Numismatic Guaranty Corporation.)The coins in this first-ever display are the finer each of the two known 1861 Philadelphia Mint “Paquet Reverse” gold $20, graded NGC MS67, and 1921 Proof Roman Finish Saint-Gaudens Double Eagle, graded NGC SP64.

[PHOTO CAPTION: 1861-P Paquet $20 NGC MS67 – Formerly in the famous Farouk and Norweb collections, this 1861 Philadelphia Mint “Paquet Reverse” gold $20, graded NGC MS67, will be displayed at the ANA World’s Fair of Money in Boston courtesy of Brian Hendelson of Classic Coin Co. (Photo courtesy of Numismatic Guaranty Corporation.)]

Insured for $8 million each, they are being provided for the ANA exhibit by Brian Hendelson, President of Classic Coin Co. of Bridgewater, New Jersey.

“This will be the first time both coins have ever been displayed at the same time and location. It will be a once-in-a-lifetime opportunity for thousands of visitors to see them together up close,” he said.

In addition to these two coins, other historic items in the display from Hendelson’s own collection include one of the few known surviving broadsides of the Declaration of Independence printed in Boston circa July 17, 1776 by printers Gill, Powars and Willis; seven silver spoons crafted by legendary Boston patriot Paul Revere; and a silver teapot and knee buckles made by fellow Colonial era Boston silversmith, Jacob Hurd, that were acquired by a New England family in 1785 and passed down to their heirs for over two centuries.

In descriptive text prepared for the exhibit, ANA Museum Curator Douglas Mudd headlines the Paquet design Double Eagle as “a coin fit for a king.” One of its former owners was the notorious King Farouk of Egypt who amassed a fabled coin collection before he was deposed in 1952. It also was in the famous coin collection of Ambassador and Mrs. R. Henry Norweb.

Nearly three million Double Eagles were struck in 1861 at the Philadelphia Mint, but today only two are known with a slightly modified design on the reverse made by Assistant Mint Engraver, Anthony Paquet, who also engraved the first Congressional Medal of Merit. His lettering on the $20 coin is taller and more slender than the design originally created in 1857 by Chief Engraver James Longacre. (more…)

SS Central America Shipwreck “Ship of Gold” Exhibit Comes to ANA World’s Fair of Money in Boston

Exhibit Includes Treasures from 1857 SS Central America Shipwreck

The incredible “Ship of Gold” exhibit, showcasing California Gold Rush-era sunken treasure recovered from the 1857 shipwreck of the SS Central America, will make port in Boston at the American Numismatic Association’s World’s Fair of Money, August 10-14 at the Hynes Convention Center. The exhibit is courtesy of Monaco Rare Coins of Newport Beach, Calif.

The SS Central America was recovered in 1988 from nearly 8,000 feet below the surface of the Atlantic Ocean. The ship sank in a hurricane in September 1857 while carrying California gold from Panama to New York City.

“There will be examples of historic assayers’ ingots as well as San Francisco Mint and California territorial gold coins with a combined value of over $10 million,” said Adam Crum, vice president of Monaco. “One of the highlights is a huge Kellogg & Humbert ingot. Weighing just over 55 troy pounds, it is the largest surviving gold ingot of the California Gold Rush.”

The exhibit also includes one of the 13 recovered octagonal $50 gold pieces produced by the United States Assay Office of San Francisco, and the remains of a wooden cargo box that still contains approximately 110 Double Eagles as they were found on the ocean floor. Many appear to be 1857-S $20 gold pieces, apparently freshly struck at the San Francisco Mint when they were placed in the container for shipping.

Visitors will see the front pages of three 1857 newspapers that published stories about the shipwreck, the ordeal of survivors and the devastating economic effects created by the loss of the gold. Robert Evans, the chief scientist on the 1980s mission by the Columbus-America Discovery Group that located and recovered the magnificent sunken treasure, will be in Boston to meet visitors and discuss the SS Central America, her cargo, crew and passengers.

The Ship of Gold display was first publicly presented in February 2000. Over the years it has been seen by more than one million people in exhibitions at several venues and cities across the country.

[iframe http://www.coinlink.com/Video/032310_ship.html 544px 395px]

[Adam Crum of Monaco Rare Coins Gives a  Tour of the Exhibit – Originally Filmed on Long Beach
Video Courtesy of CoinTelevision.com]

The ANA World’s Fair of Money is the nation’s premiere money show. Show hours are 1-5:30 p.m. August 10, and 9:30 a.m.-5:30 p.m. August 11-14. Dealer set-up is from 8 a.m.-
1 p.m. Tuesday, August 10. Admission is $6 for adults, and free for ANA members and children 12 and under. For more information on all of the show highlights, call 719-482-9857 or visit www.worldsfairofmoney.com.

Special ANA Educational Seminar on Augustus Saint-Gaudens Scheduled August 15-18 in New Hampshire

The educational event “Augustus Saint-Gaudens: The Renaissance of American Coinage” is being held August 15-18 at the Saint-Gaudens National Historic Site, Cornish, New Hampshire. The seminar is the American Numismatic Association’s inaugural “Destination Education” program, and offers a once-in-a-lifetime opportunity to study the life and work of Saint-Gaudens in the beautiful New Hampshire setting where he created his work and made his home.

No artist embodied the optimism of the American Renaissance movement more than sculptor and numismatic designer Augustus Saint-Gaudens (1848-1907). Students will spend three nights at the historic Juniper Hill Inn and attend four 3-hour sessions scheduled over two days to study his work and influence on American art and coinage.

“Augustus Saint-Gaudens: The Renaissance of American Coinage” is being held in conjunction with the American Numismatic Association’s 2010 World’s Fair of Money® in Boston. The cost is $1,595 per person and $2,390 per couple (one queen bed). The price is all-inclusive: tuition, gourmet meals, lodging and transportation are included.

This event is for members of the ANA or the American Numismatic Society. To register or for more information, call 719-482-9850 or visit www.worldsfairofmoney.com.

Some of the world’s top Saint-Gaudens scholars will be featured:

Dr. Henry J. Duffy, Curator, Saint-Gaudens National Historic Site

A Tour and Overview of the Saint-Gaudens National Historic Site and Museum

Dr. Duffy will lead a museum tour of the site and present a lecture covering the historic Saint-Gaudens site, the artist’s life and his importance to American art history. Over 100 of Saint-Gaudens’ works can be seen in the galleries. (more…)

PCGS Announces Winners of 2010 ANA Summer Seminar Scholarships

Three lucky PCGS Set RegistrySM members have been selected to receive scholarships to the popular American Numismatic Association Summer Seminar in Colorado Springs, Colorado this year. The ANA (www.money.org) and the Professional Coin Grading Service (www.PCGS.com) are jointly offering tuition, meals, lodging and airfare for each of the three to attend one of the two week-long Summer Seminar sessions.

The winners, who will be attending an ANA Summer Seminar for the first time, are Christopher Bryan, James M. Bucki Sr. and Gerry Fortin.

“Winners were selected based on their set display and a brief explanation of why they should be selected for a scholarship,” said BJ Searls, Set Registry Manager.

Bryan’s set, known as “Route 66 — Tazman,” is listed under Carson City Morgan Dollars, Circulation Strikes (1878 – 1893), and can be found online.

“Christopher hopes to learn more about coins at Summer Seminar and, in particular, learn how to make the hobby better for everyone. He named his set ‘Route 66’ because he hopes to eventually have all his coins graded Mint State 66. It’s clear from his set description that he loves the hobby. His set now contains five of the highest-graded CC dollars certified by PCGS. Each coin is imaged and described in detail,” explained Searls.

Bucki’s set, named “JMBCoins Jeff Nickel Basic Proof,” is listed under Jefferson Nickels Basic Set, Proof (1965 – present) and is online.

“James is a father of six and is actively involved in the Buffalo, New York Numismatic Association. He’s the Scouting and Youth Coordinator for the club. In addition, he has instructed over 850 Boy Scouts and Girl Scouts on the Coin Collecting Merit Badge. He hopes to pass on to youths in his area what he learns from the ANA seminar. His entry had a great description of his set with detailed information and images for each coin.”

Fortin’s set, “The Gerry Fortin Liberty Seated Dime Collection,” is listed under Liberty Seated Dimes with Major Varieties, Circulation Strikes (1837 – 1891), and is online. (more…)

Win a Full Scholarship and Free Airfare to ANA Summer Seminar!

NGC and the ANA offer three numismatists the experience of a lifetime.

NGC has teamed up with the American Numismatic Association (ANA) to bring three motivated individuals to the numismatic educational event of the summer. Winners of the ANA Summer Seminar Registry Contest will receive full tuition and room and board for one session of the ANA Summer Seminar, courtesy of the ANA. Air travel to Colorado Springs, Colorado, will be provided by NGC. The ANA Summer Seminar is a life-changing event that has catapulted the careers of many of the nation’s most successful numismatic collectors, authors and dealers. It has also been instrumental in shaping young numismatic enthusiasts into respected hobby leaders.

To enter, the collector must be an NGC Registry participant. Each contest applicant should send a self-nominating e-mail to SeminarContest@NGCcoin.com by Friday, April 30. The e-mail should include the collector’s public registry name and a brief description (fewer than 500 words) of how attending Summer Seminar could contribute to his or her experience as a collector. Winners will be selected by the NGC Registry Awards judging panel, based on a combination of Registry Sets and the e-mail provided, on Wednesday, May 5.

“No collectors are more passionate about the hobby than those who participate in the NGC Registry,” said Scott Schechter, vice president of marketing and sales at NGC. “This contest is a phenomenal way to recognize and encourage them. Summer Seminar is the single best learning environment in numismatics, and we are thrilled to work with the ANA to make it available to three collectors who otherwise may not have been able to attend.”

Susan McMillan, ANA education project manager, commented, “We think Summer Seminar is the best education in numismatics. Period. We are very excited to be able to offer NGC Registry members the opportunity to attend this year’s Summer Seminar and hope to be able to offer more such scholarships in the future.”

The ANA Summer Seminar, a hobby destination for 42 years, will feature a lineup of classes to suit virtually every collector’s hobby needs. Mini-seminars will cover topics such as ancients, paper money, Morgan dollars, Lincoln cents, shipwreck coins, commemoratives, and medals and tokens. Seminar attendees can learn to grade coins and detect counterfeits. Most importantly, participants will have the opportunity to meet and converse with the hobby’s most distinguished scholars, rising young stars and successful business leaders.

The Summer Seminar, held in Colorado Springs, Colorado, will consist of two sections, the first from June 26 to July 2, 2010, and the second from July 3 to July 9, 2010. The ANA will provide contest winners with their choice of attendance at either section, plus basic accommodations and meals ($1,000 value). NGC will provide round-trip airfare for each winner. Some classes in each section are already sold out and will not be available. Winners can pay for room upgrades if so desired.

To learn more about the ANA and educational opportunities at Summer Seminar, please visit www.money.org

National Coin Week 2010 National Coin Week “Beautiful Places: Landmarks and Mintmarks”

Every year during the third full week of April, the ANA and its members celebrate National Coin Week with exhibits, educational resources, presentations and other activities at civic centers, libraries and schools to let the world know about the joys of collecting and studying coins and other forms of money.

“Beautiful Places: Landmarks and Mintmarks” is the theme of 2010 National Coin Week, April 18-24. The theme celebrates the many historic and scenic places that have inspired designs on coins and paper money throughout U.S. and world history.

This year, the ANA is going on a virtual road trip — and we want you to come along! The cross-country venture will double as a treasure hunt. Beginning Presidents Day, February 15, a clue to a numismatic object will be provided once a week via e-mail. Click Here to see all the clues.

The final clue will be revealed the Monday of National Coin Week, and all road-trippers who complete the hunt and register their findings will enter a drawing for a 1/2 ounce gold coin (revealed during the trip) and other great prizes.

To reserve a spot for the trip and have information and weekly clues sent to you via e-mail, send a message to ncw@money.org with “ROAD TRIP” in the subject line.

Highlights from Heritage’s Upcoming Ft. Worth US Coin Auction

World class collections are the name of the game at Heritage Auction Galleries March 25-28 Signature® ANA U.S. Coin Auction, part of the week-long happenings at the ANA National Money Show in Fort Worth, just down the highway a spell from Heritage headquarters in Dallas. Highlights include commemorative gold, cents large and small, and quarter eagles.

The most impressive grouping of the auction is the commemorative gold, which features no less than seven 1915-S Panama-Pacific fifty dollar gold coins, three round and four octagonal. In most auctions, one of these California commemorative coins would be a star highlight. With seven of them in this auction it’s more like an ensemble cast.

Two featured collections account for six of the seven coins. The Cliff Street Collection has two sets of the coins, with a pair of round $50s in lots 1842 and 1848 and their octagonal counterparts as lots 1843 and 1849.

The Larry V. Cunningham Collection features a round example graded MS65 NGC, CAC as lot 1854, and lot 1855 is its octagonal twin, graded MS63 NGC, CAC. Last but not least is lot 1856, a final octagonal example graded MS63 by PCGS.

Lot 1854 Detail: 1915-S $50 Panama-Pacific 50 Dollar Round MS65 NGC. CAC. Like modern commemoratives celebrating the Olympic Games, many issues in the classic commemorative series mark events happening close to the year of issue, rather than anniversaries. Several early series, including the World’s Columbian Exposition coins, the Louisiana Purchase Exposition gold dollars, and the Lewis and Clark Exposition gold dollars, blur the edges of the category, since their respective expositions themselves honored anniversaries of 100 or 400 years.

By contrast, the Panama-Pacific International Exposition of 1915 celebrated strictly recent events. The rebuilding of San Francisco after the 1906 earthquake figured into the choice of San Francisco to host the World’s Fair, as did the construction of the Panama Canal, begun in 1904 and completed in 1914. Still, both developments were fresh in the minds of San Francisco’s residents by the time the Exposition opened its doors, particularly the rebuilding; that theme is echoed the name of the “Nine Years After” parade, held at the Exposition in mid-April, a reminder of both all that was lost and how far the city had come.
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1804 Eagles from Harry W. Bass Jr. Collection on Display at Fort Worth

Two of the finest-known gold 1804 eagles have been added to the Museum Showcase at the 2010 ANA National Money Show™ in Fort Worth. The coins are part of the renowned Harry W. Bass Jr. Collection of American gold coins, and are on display at the ANA’s Edward C. Rochette Money Museum in Colorado Springs.

The Mint began producing gold eagles ($10 coins) in 1795. Production of the coins ceased in 1804 due to a shortage of gold and a perceived lack of need for the denomination. The 1804 eagle thus became famous for being the last coin for the type, and the last eagle struck for circulation for over thirty years. The estimated number of survivors, including the one on display in Fort Worth, is thought to be 80-100 pieces, all from one die pair, of which a considerable number have been damaged.

A twist was added to the story in between 1834 and 1835, when restrikes of 1804 gold eagles and silver dollars were minted by special order of President Andrew Jackson as diplomatic gifts to a king, two emperors and a sultan. Since the last time that silver dollars or gold eagles had been produced was in 1804, the Mint created new dies for the coins and struck them as proofs. There are four known 1804 proof eagle restrikes, including the one on display in Fort Worth; these coins have been nicknamed the “King of Eagles.”

The ANA National Money Show is one of the premier coin shows in the country, and features more than 500 ANA-member dealers; a Museum Showcase with numismatic rarities from the Smithsonian Institution, ANA Money Museum and private collections; a wide array of educational programs; fascinating exhibits created by ANA members; and a $1 billion display by the Bureau of Engraving and Printing. For more information, visit www.nationalmoneyshow.com or call 719-482-9857.

The show is at the Fort Worth Convention Center and is open to the public from 9:30 a.m. to 5:30 p.m. Thursday through Saturday. Admission is $6 daily and free for ANA members and children 12 and under.
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2010 National Coin Week Theme Chosen: “Beautiful Places: Landmarks and Mintmarks”

ana_2010_coinweek“Beautiful Places: Landmarks and Mintmarks” is the theme of 2010 National Coin Week, April 18-24. The theme celebrates the many landmarks and scenic places that have inspired the designs on coins and paper money. It was chosen by a panel of American Numismatic Association staff and club members active in the annual celebration.

Clubs are invited to help the ANA celebrate the week by participating in a number of fun and educational events involving geography on coins. A scavenger hunt will be held in the form of a “road trip” visiting beautiful places that have inspired designs on currency, and a program will be available for clubs to hold at their April meetings. Prizes will be awarded for individuals and clubs.

A wealth of resources will be available on www.money.org, including a sample press release and proclamation, interactive flier, lesson plans for teachers, and online games for kids and adults. The Edward C. Rochette Money Museum will be creating a traveling exhibit available to clubs and offering fun activities and coins for youth who visit the museum.

Each year during the third full week of April, collectors celebrate National Coin Week with exhibits, presentations and other activities promoting the fun of collecting and studying coins and other forms of money. To get involved in the 87th annual National Coin Week, call 719-482-9814, e-mail ncw@money.org, or visit www.money.org

The Olsen 1913 Liberty Head Nickel to be Auctioned by Heritage on Platinum Night at FUN in January

Coin World has reported that The Olsen specimen 1913 Liberty Head nickel, the most famous of five known specimens, will be auctioned by Heritage on Platinum Night at the 2010 FUN Sale in Orlando in January.

olsen_1913_liberty_nickelThe coin is graded Proof-64 by NGC.  It has the distinction of being the only 1913 Liberty Head nickel ever handled by B. Max Mehl, who made it a centerpiece of his lifelong advertising campaign. It was also briefly owned by Egyptian King Farouk. When the set of five 1913 nickels was broken up in the 1940s, the Olsen specimen was sold first to James Kelly and then to Fred Olsen, whose name it has kept ever since.

The Olsen specimen was featured on “The $100,000 Nickel” episode of Hawaii Five-O soon after it broke the record for the most expensive coin ever sold in 1972. During the episode, the “star” coin is stolen by a thief and spends much of the episode passing from hand to hand as the human stars of the program look for it. The coin’s price doubled to $200,000 when it was purchased by Superior Galleries in 1978. It has been resold on several occasions since then, most recently fetching $3 million in June of 2004.

The 1913 Liberty Head  Nickel is one of the most famous US coins. With only 5 made,  it is truly a remarkable coin. Liberty Head nickels dated 1913 first came to the attention of the numismatic community in 1920. All five were in the possession of Samuel Brown, a numismatist who attended the American Numismatic Association’s annual convention and displayed the coins there. Brown had previously placed an advertisement in The Numismatist in December 1919 seeking information on these coins and offering to pay $500 for each. Ostensibly, the coins had been purchased as a result of this offer. However, Samuel Brown had been a Mint employee in 1913, and many numismatic historians have concluded that he was responsible for striking the coins himself and then removing them from the Mint. Official records from the Mint do not record any Liberty Head nickels produced in 1913, However, that in and of itself is not conclusive sice record keeping at the US Mint was somewhat lax and there are many examples of coins that exist today that lack official records of their coinage. (more…)

ANA Debuts Online Gallery of the Bebee Collection of Paper Money

The American Numismatic Association Bebee Collection of paper money, one of the finest collections of United States paper money ever assembled, is available to view in an exciting new online image gallery. The collection, consisting of more than 800 notes, was donated to the ANA by Aubrey and Adeline Bebee in 1988.

ana_bebee_collectionTo view the Bebee Collection online gallery, go to www.money.org (select “Visit the Money Museum,” then select “The ANA Bebee Collection of U.S. Paper Money/View the Collection”) or go to www.ana-museum.org. Additional educational information, including introductions explaining the cross-referenced components of the notes, will be added in the coming months.

The gallery is the work of longtime ANA members John Nebel and Susie Nulty. The collection was scanned seven years ago using the highest quality scanner, enabling minute details to be shown. The original files have been reduced to a practical size for web viewing, but small details are shown in high resolution through pop-up windows.

The notes are cross-referenced by portraits, Friedberg numbers, date, denomination, territory or state, and vignettes. There are special sections for error notes and outstanding specimens, and an introduction by Arthur L. Friedberg, renowned paper money expert and author of A Guide to United States Paper Money.

“It’s rewarding to work on such an interesting and worthwhile project,” said Nulty. “John and I tried to design a site that is easy to navigate and includes several cross-referencing options. Our hope is that fellow ANA members enjoy the gallery and it becomes a great research tool for anyone interested in U.S. paper money.”

Aubrey (ANA Life Member 110) and Adeline (Life Member 4570) Bebee were among the most prominent numismatic collectors of the 20th century, and were ardent supporters of the ANA. Aubrey began assembling his world-class collection of U.S. paper money in 1941. The Bebees also donated an 1804 dollar (Idler/Bebee specimen) and 1913 Liberty Head nickel (McDermott/Bebee specimen) to the ANA Edward C. Rochette Money Museum, along with several other prominent pieces. The Beebes received the Farran Zerbe Memorial Award in 1988 and the Lifetime Achievement Award in 1992; Aubrey received the Medal of Merit in 1968. Aubrey Bebee passed away in 1992 and Adeline passed away in 1998.

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American Numismatic Association (ANA) Board Approves Balanced Operating Budget

COLORADO SPRINGS – The American Numismatic Association Board of Governors has approved a balanced operating budget for the 2010 fiscal year (November 1, 2009 to October 31, 2010), signaling the continued financial turnaround in fiscal performance for the Association.

ana_balanced_budget-2010This marks the second consecutive balanced budget submitted to the Board and the third straight fiscal year in which the Association has achieved its projected operating costs, not including certain legal expenses. The previous budget was approved by the Board in March 2009 for the April 1 – March 31 fiscal year; the Board has since changed the fiscal year to begin November 1, to better reflect the Association’s annual operational cycle.

The approved budget, announced during the Board’s October 13 open session in Colorado Springs, proposes $5,159,499 in revenues and expenses of $5,128,453 with a net income of $31,046. This figure includes a $235,000 revenue transfer from investments that will be used to cover anticipated costs of legal services, expenses and settlements.

“The ANA’s Board of Governors, executive team and staff have worked tirelessly to strengthen the Association’s financial position in the past two years,” said ANA Executive Director Larry Shepherd. “We have made remarkable progress while refocusing the ANA’s mission on improving members’ services and benefits, expanding educational opportunities and enhancing the quality and functionality of our annual conventions.”

Shepherd noted that members are now offered two tiers of membership with new benefits for subscription discounts to print and digital numismatic publications. Beginning later this month, several new benefit options will be offered for major medical, dental, disability, longterm care, life, auto and homeowners insurance. Last year’s Summer Seminar featured several new courses and instructors while giving students more scheduling choices.
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Millions Lost From Coin Fakes, Hobby Leaders Warn

Chinese-made counterfeit coins pose a significant financial threat to unsuspecting consumers, according to leaders of five of the country’s most influential rare coin organizations. They warn the public is spending millions of dollars on fake U.S. coins offered in online auctions and elsewhere, such as flea markets and swap meets.

fake_1915-D_5In a jointly-issued consumer advisory (below) the groups caution the public not to purchase any so-called “replica” coins because they may be in violation of federal law. They also urge consumers to only purchase genuine rare coins from reputable, professional dealers or face the risk of losing money on copies that are illegal to re-sell.

Below is the consumer protection warning issued by (in alphabetical order) the American Numismatic Association (www.money.org), the Industry Council for Tangible Assets (www.ICTAonline.org), Numismatic Guaranty Corporation (www.NGCcoin.com), Professional Coin Grading Service (www.PCGS.com) and the Professional Numismatists Guild (www.PNGdealers.com).

Hobby periodicals report that more than a million counterfeit coins manufactured in China have been fraudulently sold in the United States posing a significant financial risk for unsuspecting consumers. Buyer beware! Consumers who buy an item based only on its perceived rarity and who have no knowledge as to how to determine whether the coin is genuine subject themselves to great risk of losing their money

The American Numismatic Association (ANA), the Industry Council for Tangible Assets (ICTA), Numismatic Guaranty Corporation (NGC), Professional Coin Grading Service (www.PCGS.com) and the Professional Numismatists Guild (PNG) urge consumers to educate themselves before making purchases: know what you are buying and purchase only from reputable, experienced rare coin dealers (professional numismatists).

“We believe many of these counterfeits subsequently are being resold as genuine rare coins in online auctions and at flea markets and swap meets,” said Clifford Mishler, ANA President.

“Millions of dollars already have been spent on these fakes and potentially millions more may be unwittingly lost by consumers who mistakenly think they’re getting a genuine rare coin,” warned Paul Montgomery, PNG President.
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ANA Offers “Fundamentals of Digital Photography” Seminar in New Hampshire, October 24–25

At this two-day seminar, you can learn the basics of numismatic photography, under the instruction of a distinguished museum curator.

digital_photographyThe American Numismatic Association’s Florence Schook School of Numismatics is coming to New Hampshire Oct. 24–25. “Fundamentals of Digital Photography” is offered in conjunction with the New Hampshire Coin and Currency Expo in Manchester.

This two-day seminar is instructed by Douglas Mudd, curator of the ANA’s Edward C. Rochette Money Museum. Learn the basics of numismatic photography, from shooting the image to preparing it for the Web, presentations or publication, using Adobe Photoshop. Students should be prepared to bring their own “macro-capable” cameras and several coins they would like to photograph. Although not required, students are also encouraged to bring their own laptops and software.

“Fundamentals of Digital Photography” will be held each day from 9 a.m. to 5 p.m. Tuition is $294 for members of the ANA and the New England Numismatic Association (NENA), and $394 for non-members. ANA Basic Membership (www.money.org) is $28; NENA Membership (www.nenacoin.org) is $12.50.

To register, call 719-482-9850 or register online at www.money.org (select “School of Numismatics” from the “Numismatic Events” dropdown menu). Register early — the seminar is limited to 10 students.

The New Hampshire Coin and Currency Expo will be held Oct. 23–25 at the Radisson Hotel Manchester, 700 Elm Street, Manchester, N.H. For more details on the expo, visit www.nhcoinexpo.com
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Cipoletti Arbitration Decision Upheld by District Court

Judge Confirms Former Executive Director Must Pay $53,550 Judgment

ana_cip_decisionCOLORADO SPRINGS – An El Paso County District Court Judge has granted the American Numismatic Association’s motion to confirm two arbitration decisions, which will allow the ANA to pursue collection of $53,550.26 from former ANA Executive Director Christopher Cipoletti.

The order, by District Court Judge Thomas K. Kane, confirms two decisions by American Arbitration Association Arbitrator Kathryn E. Miller: a May 27 decision which held that Cipoletti was terminated for cause and that he breached his fiduciary duties to the ANA, and a July 29 order that ruled Cipoletti must pay $53,550.26 to cover the expenses of the arbitration. Judge Kane concluded that Cipoletti “set forth no basis to vacate the July 29, 2009 order.”

Cipoletti, who was terminated for cause by the ANA in October 2007, filed the arbitration case to seek additional payment under his employment contract and a deferred compensation plan. The arbitrator denied Cipoletti’s claim and, instead, found him “guilty of intentional misconduct” and prosecuting “this matter in bad faith.” Arbitrator Miller characterized his conduct as “stubbornly litigious and disrespectful of truth and accuracy.”
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