The JR Newsletter is the official e-newsletter of the John Reich Collectors Society. The purpose of the John Reich Collectors Society (JRCS) is to encourage the study of numismatics, particularly United States gold and silver coins minted before the introduction of the Seated Liberty design, and to provide technical and educational information concerning such coins.
We have two contributions this week. The first is from David Perkins. A bit of explanation is in order before sharing what David wrote. The JRCS Hall of Fame (http://www.jrcs.org/halloffame.html) currently lists honorees by name only. The Board of Directors of the JRCS decided that we would provide biographical sketches of each honoree so that fellow collectors and other members of the public would be able to read about each member of our Hall of Fame. David Perkins wrote the first biographical sketch and this information on JRCS Hall of Fame member (in the Veteran category) J. Colvin Randall will be published on our JRCS website. Here's what David Perkins wrote:
Relatively little has been
published over the last century pertaining to J. Colvin Randall. Randall was a Philadelphia
rare coin dealer and collector, starting as best we can tell in the late 1850s
to early 1860s. Rather than host his own sales he typically consigned coins to
other auction houses of the time; his name appeared on numerous sales from the
1860s until approximately 1885 when W. Elliot Woodward cataloged the Randall
Collection of gold and silver coins for sale at public auction by Bangs &
Co. of New York City, NY.
Woodward noted in the Preface to
the Randall sale catalog, “Handling vast quantities of coins, he has for the
last twenty-five or thirty years been a most earnest and persistent collector,
and has make it a constant practice to reserve the finest and rarest pieces
which have fallen into his hands during all this period, until his collection
is now unrivalled in those specialties to which he has given particular
attention,-notably the gold coins and the larger coinage of silver. The collection now offered for sale is
remarkable in these particulars:- First, for variety…Second, for
Randall was one of the first
numismatists to classify and collect the early U.
S. silver dollars,
half dollars and quarters by die variety.
In fact, many researchers today believe Randall was responsible for much
of the research that was published as the Haseltine Type Table Catalog
for early silver dollars, half dollars and quarters. There is ample evidence of this, with R
(Randall Numbers) and HR (Haseltine-Randall Numbers) having been used in
auction catalogs prior to the 1881 Haseltine Type Table, along with
publications stating that Haseltine and Randall were “engaged in a descriptive
list of the United States Silver Dollars, Half Dollars and Quarters, a work and
thorough knowledge of the subject eminently qualifies them.”
Randall passed away in 1901. The
December 1901 issue (Volume 14, page
341) of The Numismatist under the heading “Obituary Notes” states,
The old veterans are
passing away. From The Curio, published
by Chas. Steigerwalt, we extract the following:
“J. Colvin Randall, the old-time dealer, passed away during last
summer. Mason died in September. Both had reached a good old age. Through Randall’s hands in bygone years
passed many of the finest gems that now grace the older collections.” ------
The second contribution is from Peter Mosiondz, Jr.
Please list these in the next available JR Newsletter
History of the First United
States Mint, Frank Stewart. 1974 Quarterman
reprint of the 1924 original, 209 pp. Hardbound. DJ in Mylar®. New.
Walter Breen’s Complete Encyclopedia of U.S. and Colonial
Coins, Walter Breen. New York:
FCI/Doubleday (1988). Ex-Library but clean and no markings. Tight and clean.
Hardbound. DJ in Mylar®. Very Fine.
The United States Half Dimes, David W. Valentine. 1975
Quarterman reprint of the 1931 original incorporating additional works by
Newlin, Breen Davis, and Ahwash, 273 pp. Hardbound. DJ in Mylar®. New. $15.00
United States Early Half Dollar Die Varieties: 1794-1836,
Donald L. Parsley. The new 5th edition (March 2014). 702 pages. Hardbound. DJ
in Mylar®. New. $50.00
The Expert’s Guide to Collecting and Investing in Rare
Coins, Q. David Bowers. Hardbound. DJ in Mylar®. New. $12.00
Coins and Collectors, Q. David Bowers. Softbound. New.
Abe Kosoff: Dean of Numismatics, Q. David Bowers. Softbound.
The 1933 Double Eagle. Stack's/Sotheby's Auction
Catalog New York
July 30, 2002. Original
blue leatherette decoratively blind stamped, upper cover and spine lettered in
gilt; faux marbled end sheets; original printed card covers bound in. One lot.
56 pages. Illustrated throughout,
largely in color. Special Hardbound edition of this famous sale. New. $19.00
Illegal Tender: Gold, Greed and the Mystery of the Lost 1933
Double Eagle. David Tripp. 363 pages. Softbound. New. $10.00
Payment by check. Add $3.00 Media Mail postage on all
Peter Mosiondz, Jr.
26 Cameron Circle
Please call or e-mail to confirm availability prior to
mailing your check.
We have a number of interesting contributions this
week.You will want to read every single
one of them.I guarantee you will not be
disappointed!Perhaps the variety of
contributions will encourage a few more contributions for next week?
First, from JRCS President Brad Karoleff:
Nominations for the JRCS Hall of Fame class of 2015 are now
The membership is encouraged to send nominations for the
Hall of Fame at any time. You can nominate candidates for either the veteran
(those who contributed before the advent of JRCS) or the modern (those who have
been members of JRCS) categories. Please include any pertinent information
about the nominee that you feel necessary. Nominees will then be voted on by
the HOF committee and the inductees
will be announced at the annual meeting at the ANA
convention in the summer. We look forward to seeing your nominations!
Please forward your nominations to bkaroleff(at)yahoo.com or
to jrnewsletter(at)jrcs.org or to any of the other members of the JRCS board of
Dave Shirlen wrote:
I enjoyed reading the account by the "Easton Collection" owner
of the ANA show and JRCS meeting, especially
the account of the 11 year old attendee who collects bust halves by
Overton. I had a similar experience at a show last weekend in Statesville,
NC. I observed a boy aged
12 purchase a VF capped bust half dime from a dealer. The dealer was
very gracious with the boy, asked him some questions, and told him to
always make sure to ask for the "YD"? When the puzzled boy
asked "what is that," the dealer said that is the "youth
discount" and that many dealers will give it. He sold the coin
for a nicely discounted price to the boy. I then asked the boy
why he chose that coin. He gave a great answer about wanting
something old, wanting history, and wanting something with good quality.
He then showed me the coin and started describing its detail
attributes. I asked what else he has collected, and he had a number of
bust coins. And, by the way, he buys the coins using money he earns from
summer jobs such as lawn mowing.
The story made my day. Since I collect dimes, quarters, and halves, I was
able to show him a few interesting coins I had with me. And I made
the boy a deal. I told him to keep doing what he is doing - that he
will love it for life - and in exchange for that promise I gave him
a duplicate half dime, in fine, that I had with me. I could
have sold it to a dealer for $50, but giving it to this boy
was the best expenditure I've made at a show in a long time. With that
said, I issue this challenge to the readers. Just once in the
next couple of years, if you see a kid at a show, take the same
opportunity. You will leave the show happy. The hobby will be much
better for it. And it will be something infinitely better to discuss, and
infinitely more healthy for a hobby that has morphed from collecting coins to
collecting pieces of plastic that describe coins, than something
about how "on the 37th attempt [insert grading service name here]
upgraded a coin from an AU55 to an AU58 (and its really neither) and isn't
I am finishing up an analysis on Cuds on early U.S.
silver Bust coinage, and I would like to add some more relevant background
I am looking for information and/or references which talk
about the dies used at the U.S. Mint from 1793-1840 (or thereabouts). More
specifically, and if possible, I am looking for information related to die
hardness and frequency of die breakage.
Feel free to contact me at my email: stoneman101(at)gmail.com
Thanks in advance,
Garrett Ziss contributed the following, based on his
experience at the ANA show:
am a new Capped Bust half dollar collector and was happy to
be able to attend the ANA convention
last week in Chicago. I was a bit
nervous about attending my first JRCS meeting, but found out right away
that there was no reason to be nervous because everyone was very
friendly and helpful. Something that might be useful for new
collectors to know, is that even if you do not qualify to belong to the
Bust Half Nut Club, you are welcome to attend their
afternoon meeting at the convention. The same goes for the Bust Quarter
Collector Society Meeting, so if you go to the ANA convention, you can
actually attend 3 meetings on Bust coinage. I thought that
all 3 meetings were very educational (even though I do not collect
My Bust coinage
education did not only happen at the JRCS-related meetings in Chicago. It also happened
on the bourse floor. There were several Bust coin dealers who were selling
coins on the bourse floor. Every time I
walked past one of their tables, there was at least one (and usually more) JRCS
member either helping the dealer, buying coins, or just hanging out
and chatting. Just listening to the conversations was educational and it
also showed that JRCS members are collectors AND friends.
I would like to thank all
of the JRCS members who shared their time, information and resources with me at
the convention. I learned so much from attending the convention
and talking with other JRCS members, so I would encourage other new
collectors to attend a future convention as well.
Welcome to what I expect to be just the "early post-ANA"
edition of the JR Newsletter.I expect some
other weary coin collectors may soon find the time to send something in to the
newsletter for publication later this month.
First up, something from Winston Zack:
Coins and chaos!
Yes, by now I'm sure you heard that there were hundreds,
maybe thousands of people lined up for half a mile (or thereabouts) to acquire
the Gold Kennedy Coins and then flip them for a quick profit; some people even
camped out for 17 hours, lining up at 6 PM the previous evening only to be let
in and acquire the coins the next day around 10 or 11 AM! This all caused chaos
from Tuesday until Thursday, until it was finally shut down...thankfully...but
still too late in my opinion!
Now to the REAL
It was great to see so many familiar faces at the JRCS
meeting, as well as meet some people I only previously knew by name or
reputation. David Finkelstein gave a great presentation on early Mint Delivery
Warrants. And, among other reported news, it was asked that if anyone from the
JRCS organization has the website making skills that our JRCS website be
revamped and updated out of the web-stone-age.
For me, this was my first big show I've attended since last year's
ANA, so it was fun to look at so many coins.
My research/collecting interests have shifted a bit in the last year or so to
early American contemporary counterfeits of the Bust and Seated type (including
gold) - otherwise known as the first 100 years of Federal coinage (1792 -
1891). I acquired about 40 contemporary counterfeit new purchases at the show,
which was quite an unexpected but pleasant surprise. I saw some truly fantastic
coins on the bourse floor as well as at lot viewing. I briefly attended the auctions
on Thursday night to see a couple coins sell for $1m+. And I had one of my most
enjoyable shows in quite a while. This hobby really has some great people in it
who just enjoy sharing their knowledge and interest in numismatics.
Next, a report from the owner of the "Easton Collection"
My ANA experience this
past week was one of the best – I really can’t remember a better ANA.
I start on the negative side – The distribution of the Kennedy coins were a
disaster- in that a lot of non-collectors
were lined up outside the show at 3pm the day before, by 8pm the line was over
100 people long and by the next day it must have been over 1,500 people long –
though I never took a head count. Really never felt their presence at the show
as they were never “on the bourse Floor” – they entered through a separate
On a more positive note – David Perkins auctioned off some
really special, great looking and rare bust half dimes – I wasn’t able to pass
these coins up so I got several for my collection – Thank you and Great Job –
The JRCS meeting was very well attended. In the beginning of
the meeting, each one of us introduced ourselves, and two very cool things happened
worthy of pointing out – John McCloskey was there and stated his resume – Past
president of JRCS, one of the authors of the Early US dime book and bust half
dime book.... a really WOW experience having him in the room – I did get a
chance to speak with him on the bourse floor and boy oh boy he is brilliant! Besides
that, in attendance was a 11 year long boy who introduced himself and indicated
that he collects busf halves by Overton and he wants to learn as much as
possible and hear stories about Julius Reiver.Afterward, I spoke to him and he has a great knowledge of bust halves –
a future hall of famer IMHO! I saw several members speaking with him telling
him stories about Reiver and asking questions about Overton die marriages – I
think he got all the questions right!
David Finkelstein's lecture was very interesting about
learning about the early stages of the US
On the bourse floor- Sheridan Downing conducted one of his
sealed bid auctions and it had a lot of great coins and I had to pick one up- I
bid somewhat aggressively for a 1819/8 bust half O 102 in AU55. The coin is
really great looking and it was worth the bid – great looking coin and happy to
get this one.
I attended one forum with David Bowers, Harvey and Larry
Stack talking about collecting in the “good Old Days.” They identified several
very interesting differences between the newer collectors and “older”
collectors:that collectors tended to collect and hold
many different series and sold much later on in the lives – sometimes holding
on to their collection for over 30 years and longer – Eliasberg, Norweb and
Garrett for example. The newer collectors tend to complete a series to its
completion – say 3 to 4 years or so, enjoy it for a year then sell and go on to
the next series. One reason is their interest in collecting other series that
may interest them.
A dear collector friend of mine that is a member of the JRCS
was able to cherry pick a rare die marriage for my bust dime collection and
that was really special! Not many people would do that and I would like to
thank him for this – we agreed to keep this die marriage and name quiet at this
Lastly, I would like to thank PCGS for presenting to me a
2014 top classic set award for my bust dimes registry set.
Many reasons why we should be attending these great shows- thank you to everyone that I met and spoke
to for making this experience the best!
will be waiting to hear about that bust dime cherry pick…at least the die
marriage and grade!Thanks for sharing.
Our final contribution for this issue comes from Steve
is offering copies of Early United States Dimes: 1796-1837 (Lot C41) and
Federal Half Dimes: 1792-1837 (Lot C58) in his 119th mail bid sale (http://www.lakebooks.com/index.html).
These books have been invaluable to me as I have begun my studies of this
series in particular and early silver coinage in general.
I have had the recent good fortune of acquiring a plate coin
from Federal Half Dimes. With some diligence a plate coin from Early
United States Dimes may one day be in my collection.
Editor's closing note:I had the pleasure of being in Rosemont from Monday through Saturday of
the ANA.I helped both Rich Uhrich (http://www.richuhrichcoins.com) and W. David
Perkins as a table assistant, plus had a day mostly on my own to wander about
the bourse.I will share more on my
experiences in a future issue of the JR Newsletter and will soon begin to write
an article for the John Reich Journal about the Perkins Sealed Bid Auction for
Capped Bust Half Dimes.Suffice to say,
helping both dealers was a blast!
We have one contribution this week, from Steve Crain:
saw these on eBay, I thought that some JRCS member would love to have one or
both. A seller has new or like new copies of both the half dime book and the
dime book, to be sold separately or together. The half dime book can be
purchased for $159.00 and the two in combination for $329.00 according to a
note in the listing. I am not the seller, nor do I have any ownership in the
books. I do not even know who the seller is, but I know that many members have
expressed interest in locating copies of the books.
We have one contribution this week.David Perkins wrote to tell us about a
fixed-price sale and a sealed bid auction for early half dimes that he is
holding now through the upcoming ANA show:
I will have table #835 at the 2014 ANA
Convention in Rosemont, IL.I am sharing a corner table with Gerry Fortin,
who many of you know specializes in Seated Dimes and Quarters as well as other
Seated and Bust coinage.
Most of you who
collect the early Draped and Capped Bust half dimes are well aware of Part II
of the Extraordinary Half Dime Sale underway now, with a large number of fixed
prices lots as well as a special 19 Lot Sealed Bid Auction sale that closes 6PM Friday night, August 8, 2014.In
this sale are early half dime rarities, rare and late die states and cuds,
coins from the Reiver and Logan Collections, as well as relatively common
marriages in VG through MS65.The coins
offered in this sale are from three different JRCS collections.Any JR Newsletter reader is welcome to view
and study the lots.Please contact me
if you would like a copy of the fixed price list lots and the Sealed Bid Sale
lots, or if you have any questions.One highlight of the Sealed Bid Sale is an 1800 LM-2 half dime in a
unique, late die state – the cover coin on Volume 24 of the John Reich Journal.Many of you have viewed and studied this coin
at my table over the last year.It is a
As always, I will
have a nice selection of better Bust and Seated coinage, from half dimes to
Dollars, including a new example (per Lou Scuderi) of the rare 1829 JR-10 Curl
Base 2 Dime in PCGS VG08 CAC,an attractively toned 1822 Quarter in PCGS
VF30, numerous early Flowing Hair, Draped Bust,Small Eagle and Draped Bust, Heraldic Eagle dollars including fresh
example of the 1797 B-3, BB-71 Dollar in PCGS AU53 and a 1799 8X5 Stars Dollar
in PCGS AU53.Capped Bust Half Dollar
collectors will enjoy a newly acquired and nicely toned small group of Capped
Bust Half Dollars and Seated Dollars recently purchased in Europe.
I will have a few extra copies of a two part article I
co-authored for the Coin Dealer
Newsletter (Greysheet) with Mark Ferguson on the early U.S. Silver Dollars
1794-1804 if anyone would like to see it.
Brad Karoleff wrote with some good news for members of the John Reich Collectors Society: The latest issue of the John Reich Journal was mailed on Saturday, July 19. Members should
receive it this week. Anyone not receiving their journal after 10 days
should notify me via email at bkaroleff(at)yahoo.com
I hope to see many of you at the upcoming ANA show. Remember our annual meeting Wednesday morning (August 6th at 8:00 AM in room 22 of the convention center).
This week, we have contributions from Glenn Peterson and Steve Tompkins. First, Glenn wrote:
Hi JRCS members,
I am looking forward to ANA this year in Chicago. I am coordinating
several of the meetings so I want to announce these meetings.
meeting (everyone invited to participate) will be on Thursday August 7th
at 2:00 pm in room 42. After greeting members and guests we will have a
program on double struck bust halves. I will be presenting the study of
the double profiles and have found some interesting facts regarding
the double profile halves. Please come and engage in the discussion
about how the mint came to produce these interesting coins. After the
meeting we will have a die state study of 1827 bust halves part 2
O-125 and above.
Bust Quarter Collector Society will meet on Wednesday August 6 at 2:00 pm in room 40.
Reich Collector's Society will have it annual meeting Wednesday morning
August 6th at 8:00 AM in room 22 of the convention center. David
Finkelstein will be giving an educational presentation at the JRCS meeting.
Please come to the annual
meetings -- I look forward to visiting with everyone. Friendship in the
numismatic community is what I value most in the hobby!
Glenn Peterson MD
Editor's Note: The complete schedule, with subject matter, time, and location, for all of the "official events" at the ANA World's Fair of Money is available online at the following link: http://worldsfairofmoney.com/schedule.aspx
Steve Tompkins wrote with an announcement:
Auction Appearances & Prices Realized
for Early United States Quarters 1796 - 1838
By Steve M.
NOW TAKING PRE-ORDERS!!!
The 5th edition of Auction
Appearances & Prices Realized for Early United States Quarters 1796 - 1838 or
theAAPR is at the printer!They should be ready
just prior to the ANA.
This compilation encompasses over 6000
auction listings and almost 200 pages, from over 10 years of study and
research, and up to 20 years of statistical information relating to the
individual die marriages found in the Bust Quarter series.
Listed on each page you will find much more
than just a list of auction appearance and what that particular coin sold for.
You will also find a listing of the grading service and the unique serial
number given to each coin when available, as well as die stage information and
cataloger comments. All grades from all die marriages of the Bust
Quarter series from 1796 to 1838 are included in this list.
Some of the benefits include: Tracking
pedigrees and price fluctuations. An updated condition census for each
marriage. See rarities of both the whole die marriage and grade rarities within
each die marriage. Track the price differences ofNGC & PCGS, as well as the addition of a CAC sticker. All for less than a
tank of gas!
To order, please send payments to:
P.O. Box 844
Peculiar, Mo. 64078
Or feel free to e-mail any questions to:
Editor's Note: Steve sent along some cover artwork and a sample page from the AAPR and I have provided those below.