All Posts Tagged With: "ancient coins"

Collectors Claim Bias Epitomizes State Department Advisory Committee Management

Kerry Wetterstrom, representing the Ancient Coin Collectors Guild, opposed adding U.S. import restrictions on coins at a Cultural Property Advisory Committee (CPAC) hearing November 13, 2009. The occasion was an interim review of a Memorandum of Understanding with Italy. Wetterstrom, publisher/editor of The Celator, wrote in his latest editorial:

accg_cyp_chi_coins“This was the first such hearing that I have attended, and it was an interesting, albeit a bit frustrating, experience. I came away from this hearing with the strong belief that the odds are against the ancient coin collecting community in receiving a ‘fair shake’ from the U.S. Department of State, specifically its Cultural Heritage Center office, at these CPAC hearings.

“The three speakers representing collectors and dealers were invited to speak first, each speaker was limited to five minutes, and we were informed that this would be strictly enforced…

“…though I entered the hearing with a bit of trepidation, the hearing’s casual atmosphere had a calming effect on my nerves. Unfortunately, I was not allowed to finish reading the two-page statement that I had prepared, and after answering a couple of questions from the committee, I walked back to my seat thinking that this was the fastest five minutes I had ever experienced. Later, several people commented to me that they believed I had been cut off before the end of my allotted time.”

Other speakers, who advocate import restrictions on coins, were reportedly allowed to exceed the published time limit with comments ranging up to 30 minutes. Wetterstrom concluded that, “Based on this experience, I now know that the best option that the ancient coin collecting community has for a ‘fair hearing,’… is through the court system…” (more…)

Princeton University Numismatic Collection Acquires 7th Century “Jesus” Coin

From The Times of Trenton, NJ

It’s not the kind of coin you’d want to plunk into a soda machine, nor is it the kind you’d find while digging around under your couch cushions.

pinceton_jesus_coinIt’s a Byzantine gold coin from the seventh century with an image of Jesus Christ on its face, issued by Emperor Justinian II. It’s the first known coin to have a Christ image, and it now has a new home in the Princeton University Numismatic Collection.

It’s a high quality specimen that Alan Stahl, the university’s curator of numismatics, said he had been seeking for several years, only to be outbid at auction again and again.

“Finally, a dealer with whom I’d placed a bid a couple of times found one in a private collection and offered it to us at a reasonable price.” The coin has been dated to the year 692.

According to Stahl, the Princeton University’s numismatic collection contains about 100,000 items and is reputed to be the oldest institutional collection in the country.

He said the gold coin was a specimen valuable not only in terms of the coinage of the eastern Mediterranean in the Middle Ages, but in the history of all coinage.

“The most important thing is that it’s the first time the image of Christ is used as the main image on the coin,” Alan Stahl – Curator of Numismatics

Until this time, most coins had only featured portraits of the period’s ruling emperor. In this case, Justinian II was cast on the reverse of the coin.

And while this may seem like a benign bit of imagery to us today, it sent shock waves across the region in its time.

“This was considered really shocking in its time, and it got reactions all over,” he said.

To read the complete article, see: Princeton acquires coin with an image of Jesus from the 7th century (www.nj.com/news/times/regional/index.ssf?/base/news-18/1259909134180700.xml&coll=5)

Symbiosis Lost and Nuance in New York

By Wayne Sayles – Ancient Coin Blog

Ancient coins have existed since the 7th century BC. They attracted the interest of collectors shortly after that and have continued to inspire ordinary people around the world for going on three millennia.

coin_warsDuring the Italian Renaissance, the collecting of ancient coins became so popular that a sophisticated commercial market emerged and numismatic scholarship blossomed. Anyone with sufficient interest and erudition was able to study the past through its coins. The development of numismatics as a science is a result mainly of private collectors and their dedication to the pursuit of knowledge. When academia became aware of the value of coins as voices from the past, coin collectors and professional scholars found that they had much in common and worked closely together. Yes, that was a long time ago.

What we see today is a bitter turf war between private collectors, independent scholars, museums, nationalist governments and archaeologists. What happened to the symbiosis?

Deep within the collecting community, there is still a longing for cooperation and symbiotic support with those academics who dedicate their lives to study of the past. But, the mutual cooperation and respect of those halcyon days is all but gone. The only words that most private collectors hear from archaeologists these day are disparaging. And, in equal measure, the response is unfriendly.

As archaeological blog comments about the recent CPAC hearing on Italy reveal, the symbiosis is all but dead. It is unlikely ever to reappear to the extent that we saw in the 19th or 20th centuries. That is sad from a collector’s point of view, but is it equally sad from the academic archaeologist’s point of view? I am coming to doubt that it is. They have very little use for private collectors and are not reticent to say so. (more…)

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