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 Monday, July 30, 2007
Coins and Currency of the Mid-East
Posted by george
For those hovering on the KP numismatic book radar, a title may have excaped you two years ago. It is Coins and Currency of the Mid-East.
Co-authored by myself and Tom Michael, it holds several firsts for the KP numismatic stabe. It is the first 6x9 format coin and currency combination product done in full color. It was a first exposure to have a targeted audience outside the traditional hobby - returning servicemen. It was a first to cross fields and incude other stuff - like challenge coins, pogs, posters, propaganda leafelets. It was the first to take advantage of full-color military photographs of troops in the field. Mostly from the current lingering multi-national war in Iraq, Iraqi Freedom.
It covers the US actions in the Mid-East over the past 25 years and is an identification guide for what servicemen were returning with stuff.![153_724_large[1].jpg](http://www.numismaticnews.net/currency/content/binary/153_724_large[1].jpg)
The official KP catalog listing includes: In addition to collectible commerce from more than 20 countries, this book contains other memorabilia and collectibles that represent a rarely seen side of Middle East conflicts. More than 400 color photos and illustrations help to identify coins and currency, showcase military medals, propaganda leaflets, mementos and depict the lives of soldiers serving in the Middle East. Whether soldier, collector, dealer, historian or a family member looking for details about new heirlooms, this is the absolute authority on Middle Eastern currency and military memorabilia. Desert Storm was a bit more forgiving with return of war trophies than the current action.
Contains listings for various forms of Middle Eastern currency, creating a reliable and extensive collecting reference.
400+ color illustrations help identify coins and currency, and better understand the geographic region, various conflicts, and diverse keepsakes. Plus, reference sections featuring conflict timelines, numeric systems, and online resource for further research.
What were we thinking?...well, that the troops would have been home two years ago, and that this war would be behind us. But, no. So it has become an unpopular book (still available from our bookstore) for an unpopular continuing event.
George
KP News
Monday, July 30, 2007 2:31:34 PM (GMT Daylight Time, UTC+01:00)
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 Monday, July 23, 2007
European Central Bank Report on Counterfeits
Posted by george
This time of year, the European Central Bank issues their semi-annual report on counterfeit Euros found.
The stats are all on my associate David Kranz's Digital Watermark blog.
The numbers are interesting. It shows that the 50 Euro note is more counterfeited than the 100 Euro note.
What is more interesting is the amount of information presented on the ECB's site. They are very forthcoming about news - both good and bad. They may not tell us how to identify the counterfeits, but the news that they are out there is a lot more informaiton than we in the United States get from the Federal Reserve Bank site. Not even hard numbers from the Fed.
So we in the states need to be vigilant.
George
Monday, July 23, 2007 4:46:20 PM (GMT Daylight Time, UTC+01:00)
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 Friday, July 20, 2007
Boy Scout Coin Collecting Merit Badge Program at Milwaukee ANA
Posted by george
There will be a Boy Scout Coin Collecting Merit Badge clinic on August 11th, at noon, during the Milwaukee ANA Convention, held at the Midwest Center.
No registration fee, just have the coins you need for the badge. It should last about 90 minutes.
Check out this link at the ANA site with the badge requirements, some helpful information and some more details.
George Cuhaj
Yes, I wrote the current Merit Badge Book!
Friday, July 20, 2007 3:45:36 PM (GMT Daylight Time, UTC+01:00)
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 Wednesday, July 18, 2007
The mint-that-shall-not-be-named is back !
Posted by george
In the 776 weeks that I have been a part of the numismatic book staff at Krause Publications, it can be said that I have handled a call in each of those weeks from a member of the public who had bought, or is settling an estate that contains sterling silver ingots or rounds made by the Franklin Mint in the 1960s or 70s. Those folks want to know two things - How much the stuff is worth? and Where to sell it?
A bit of history – The Franklin Mint was formed in the mid-1960s by Joel Segel who brought in Gilroy Roberts (former U.S. Mint Chief Engraver). They presented to the market highly proof quality production for both coinage and sterling silver medal sets. Counties such as Jamaica, British Virgin Islands, Bahamas, Belize all received very nicely designed circulating coinage, and then some very nice proof sets too. But then opportunity came in the way of promotion, and a 20 Balboa (4 ounce, 61mm) Panama coin came about, and 100 dollar gold coins (and in the early 1970s when gold options were generally only Krugerrands these became a good alternative, but by the early 1980s, with gold high these coin types really had low mintages.). The Franklin Mint got out of coins in 1984, sold the presses to the recently formed Pobjoy Mint; however, continued to make chess sets, die-cast models and dolls among other items. However, as output dwindled, the facility was evenually down to 20 employees and was about to close their doors. A 2006 reorganization took place and it is now under new ownership.
So, in the spirit of a new blockbuster movie:
The mint-who-shall-not-be-named…well okay, if they can name Voldermort openly in the fifth Harry Potter Movie, I can say the Franklin Mint, is back!
So, what are those sterling sliver ingot sets worth? Generally the sterling melt spot price less 10%. Sterling has less of a demand in ingot form, and is harder to sell, thus the lower price.
There are a few exceptions – there always are – The 12-piece Boy Scout and Girl Scout sets sell for around $150 each. But the far majority of the others – 50-state flags, steam trains, sailing ships, birds, American History – all generally fall into the nice art, but no resale potential category. The Proof bronze piece have no real metal value, thus can often sell for $3. retail.
Sorry, that is why the IRS offers those who itemize the long-term capital loss line on April 15th.
George Čuhaj
Wednesday, July 18, 2007 5:35:49 PM (GMT Daylight Time, UTC+01:00)
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 Friday, July 13, 2007
The passing of a friend to the arts, Ed Mirvish
Posted by george
This morning I received the news that Edwin (Ed) Mirvish, Toronto businessman and supporter of the arts has died, some two weeks shy of his 93rd birthday.
For those who have visited Toronto anytime in the past fifty years, his store - Honest Ed's at Bloor and Bathurst Streets - boasted a huge light display outside and bargins inside.
For over twenty-five years I have had the pleasure of knowing his wife, Anne, as a sculptor. She would often attend the events of the American Medallic Sculpture Association in NYC, and on one trip to Toronto when I was an educational forum speaker at the Canadian Numismatic Assocaitions' Convention, she attended the talk, and then proceeded to invited me out for an evening which included dinner at one of the resturants in Mirvish Village, the evening performance at the Royal Alexandera Theater of Les Miserables and a back stage visit with the cast.
Several years later, I got to meet Ed and Anne again, when their son David (Mirvish Productions) brought the Buddy Holly Story musical to Broadway. An invite to the opening night party was a special memory of their generosity. On another occasion I got to see the Mikado, a production they were also involved in.
There are a bunch of continuing legacys I am sure, The CBC has a nice write-up as well as the NY Times, however the one mentioned in the Toronto Globe and Mail notice is The Ed Mirvish Educational Memorial Fund; c/o The Benjamin Foundation, 3429 Bathurst St. Toronto, ON M6A 2C3. It is a fund to support up and coming entrepreneurs.
George
Friday, July 13, 2007 2:27:45 PM (GMT Daylight Time, UTC+01:00)
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 Thursday, July 12, 2007
35th Iola Car Show starts today!
Posted by george
Today is the start of the public participation for the Iola Car Show. It is not your ordinary four day car show - 4000 vendor swap meet spots, 3500 collector cars on display, and about 135,000 visitors.
The effort is a year-round activitiy for several folks, and about 70 service organizations - Lions, Rotary, VFW, American Legion Posts, Scout troops and many others from town and neighboring communities. The funds generated from admissions, food consessions and hours of refuse removal fund these community events for most of the year, and in turn the organizations can flow back funds into the various community in way of school scholarships, support of Lions' and Scout camps and other quality-of-life issues.
I have a car in the show too! My 1982 Checker Marathon A-12. A civilian model of the historic big-city cab.
My mom, who visits during this time of year, gets into the action too, organizing my garage sale.
George
Thursday, July 12, 2007 2:07:16 PM (GMT Daylight Time, UTC+01:00)
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 Monday, July 09, 2007
U.S. Numismatic Museums Make Varied Plans
Posted by george
This originally appeared in Numismatic News as a viewpoint.
What interesting news from two major U.S. museums. The American Numismatic Association launches a plan to expand and go bi-costal while the American Numismatic Society’s goal is to crawl under a rock.
The American Numismatic Association recently announced a 40 million dollar expansion program and plans for public museum satellite locations in Washington, D.C., and San Francisco, Calif. Many of you may know that the National Numismatic Collection at the Smithsonian Institution is generally not on public view, with a few select items on display integrated with other exhibits at any one time. A current exception is the notable rarities that are featured at an ongoing exhibit at the Castle building. The ANA’s selection of the San Francisco venue at the old mint is a wonderful location, as one of the few remaining buildings to have survived the 1906 earthquake and fire. This historic structure should be a great tourist draw, and a secure location. Central Washington, D.C., sees influxes of tourists and school groups by the busload. The Spy museum, which is one of the few museums that charge admission in the DC area, is a huge success. There are even some old bank building sites currently available.
This move for the ANA to take coin collecting to the public on a pro-active scale is commendable. Along with it comes a sizeable fundraising campaign proposal. But the return in exposure to the public could be enormous.
On the other hand, the American Numismatic Society in New York City, nearing its 150th anniversary, is adopting a long-range plan that is tantamount to cold storage. About three years ago, the ANS moved from its 1906 museum building located at 155th Street and Broadway in Washington Heights to a former bank building located downtown at the corner of Fulton and William streets, near the financial district and South Street Seaport. The reason put forward for the move at that time was that the out-of- town membership felt the uptown location was difficult and unsafe to visit.
So, with the previous move pending, the ANS effectively closed for a year, to renovate the new building, pack, move and unpack. Now a library and collection is presented over three floors at their Fulton Street Building, with a main floor set up for public meetings and an additional floor of storage in the six-story building. They do not even have a certificate of occupancy for the first floor of the building - a building code technical point for public spaces. I really do not think that such a facility has welcomed visitors even with nearby access to nearly 10 subway lines. The street scene is somewhat disturbing, too, with about three years of further subway station construction to further deter visitors.
To open any sort of public museum exhibition at the Fulton Street location is said to cost some seven million dollars more. (Yes, the ANS has a continuing four-year exhibition relationship with the Federal Reserve Bank of New York; however, that building is very inconvenient to visit - can you say excessive homeland security checks?). So, what is the ANS about to do? Sell the newly acquired Fulton Street property, and accept a 20-year lease and move into part of the 11th floor of a recent factory conversion on the far west side of Manhattan (intersection of Varick and Canal Street - 1 Hudson Square, aka 75 Varick St.). The plan is to have the library on closed shelves, and very limited access to the collection material. Therefore, the collection will for all intents and purposes be in storage for 20 years!
What really could be behind this? Yes, the driving motivation for the governing body is that the investment of monies from the sale of the Fulton Street building and the sale of the orders and decorations collection will do well during that time (we all know that past performance is no guarantee of future results – which was announced as 18% per annum in the last 10 years).
But what will happen to the staff positions (which in many cases are endowed)? How will numismatics be served better? How will this non-access grow membership? (Some officers of the ANS have even gone on record saying that members are expensive to service!) The Life Membership dues were recently raised to a staggering $7,000! Talk about causing feelings of disenfranchisement!
The continuing story of two numismatic museums with two very different directions.
George Čuhaj
Monday, July 09, 2007 3:28:51 PM (GMT Daylight Time, UTC+01:00)
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 Tuesday, July 03, 2007
ANA Art of Engraving Class and the Gilroy Roberts Foundation Scholarship
Posted by george
My second week at the ANA's 39th Annual Sumemr Seminar is as a participant in the Art of Engraving Class as one of six selected awardees of a scholarship from the Gilroy Roberts Foundation.
Some of you may know Gilroy Roberts as the designer of the obverse of the Kennedy half dollars, others as one of the artists who founded the Franklin Mint, and finally others as the designer of many U.S. postage stamps from the 1940s and 1950s.
The class is one week in length, and is held for two consecutive years. This year the projects are plaster based, next year the class will stress steel engraving.
The six participants, Barbara Matteson, Michael Conlin, Daniel Carr, Joseph Paonessa, Carmen Isasi and myself brought work to display this week at the Coburn Gallery at Colorado College. The opening was held July 1st, and the works will be on display till July 5th.
Over 125 people attended the opening night reception, which included chello music in addition to the wine and cheese.
Several pieces were sold to active collectors of modern stuck or cast medals, as well as glass work.
I've been working on a concept project of a bowling theme medal design, for which I did the drawings for in 1994! Artists just never throw something useful out.
George
Tuesday, July 03, 2007 3:36:37 AM (GMT Daylight Time, UTC+01:00)
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