Steve Forbes to Headline International Money Exposition in Nashville

Steve Forbes to Headline International Money Exposition in Nashville

In a thrilling announcement, IMEX partner Gary Adkins revealed that Steve Forbes, renowned economic commentator and Chairman of Forbes Media, will be the keynote speaker at the opening ceremony of the International Money Exposition (IMEX). The convention, fondly referred to as IMEX, will take place from October 26 to 28th, 2023, at the prestigious Music City Center in Downtown Nashville, Tennessee.

“We are extremely excited to have Steve Forbes at the International Money Exposition,” exclaimed Gary Adkins. “Steve is one of the nation’s foremost thinkers on the subject of the economy and a passionate advocate of the principles of sound money. At this crucial juncture, IMEX attendees will greatly benefit from hearing Steve’s unparalleled insights into the nation’s economic future.”

Steve Forbes is scheduled to address the audience at the opening ceremonies on Friday, October 27, 2023. Following his speech, at 1 pm, Mr. Forbes will be hosting a book signing session for his highly relevant new book, “Inflation: What It Is, Why It’s Bad, and How to Fix It.” Accompanying him at the book signing will be co-authors Elizabeth Ames and Nathan Lewis, providing attendees with a unique opportunity to interact with these economic experts. Due to the high demand and limited availability, attendees are encouraged to secure their tickets early.

The International Money Exposition has generated a renewed sense of enthusiasm and anticipation, becoming the first major event of its kind in the numismatic circuit in over three decades. Nashville, renowned for its vibrant culture and entertainment, has proven to be a top destination for visitors and families. The city’s commitment to safety and security further adds to its appeal. With the event scheduled during the fall, attendees can expect pleasant weather, creating an ideal environment for a memorable experience.

Some of the largest and most reputable dealers have already reserved their spaces for the event, indicating its inevitable sellout. The general public is warmly invited to this world-class gathering on Friday, October 27, and Saturday, October 28, 2023, with early bird access available on Thursday. The IMEX organizers promise an array of exciting announcements in the coming weeks, ensuring that IMEX will be the “must-attend” event of 2023. To avoid disappointment, early hotel reservations are strongly recommended.

The International Money Exposition offers a unique opportunity for individuals interested in economics and sound money principles to gather, learn, and engage with industry experts. With Steve Forbes headlining the event and a host of esteemed dealers participating, IMEX promises to be an unforgettable experience for all attendees. So mark your calendars and join us in Nashville for a weekend of insightful discussions, valuable networking, and an unparalleled celebration of economics and numismatics.

Posted by News Release in Books, Recent
U.S. Treasury Notes 1812–1865: An Excellent New History Book on a Fascinating American Era

U.S. Treasury Notes 1812–1865: An Excellent New History Book on a Fascinating American Era

Nicholas J. Bruyer has accomplished a remarkable feat with his beautifully illustrated new history book, U.S. Treasury Notes 1812–1865. Bruyer’s work brings fresh understanding to a numismatic subject that is often merely summarized, but which deserves this level of careful attention and creative exposition.

At Whitman Publishing we’ve explored just the surface of America’s Treasury Notes. Chapter 21 of Q. David Bowers’s Whitman Encyclopedia of U.S. Paper Money gives a nine-page overview of the subject. In Arthur and Ira Friedberg’s Guide Book of United States Paper Money there’s a six-page section on “Treasury Notes of the War of 1812.” The subject is summarized even more briefly with two pages in Kenneth Bressett’s popular Guide Book of United States Currency. Various other Whitman books touch lightly on Treasury Notes, often as a precursor to much more in-depth discussion of state-chartered bank notes and later money.

Now, with the assistance of Stack’s Bowers Publishing, Nicholas Bruyer has given U.S. Treasury Notes the spotlight they deserve. He presents them in a comprehensive manner, colorfully illustrated and rich in historical narrative. Bruyer explores the use of these notes not only as investment vehicles—employed by the government to stave off bankruptcy—but also as an early form of national currency. U.S. Treasury Notes 1812–1865 is more than a catalog; it’s a well-reasoned study that offers new perspectives in American financial and economic history.

It’s true that for many of these notes fewer than a half dozen specimens are known to still exist. But collectors love to learn about interesting specialties, even if the collectibles themselves live mainly in the realm of museum holdings and expensive personal collections. Pattern coins, famous federal super-rarities, private and territorial gold pieces, and other rarefied specialties come to mind. For those hobbyists who are able to actively collect such treasures, enjoy the hunt! Everyone else can immerse themselves in well-written, informative, handsomely illustrated books. Nicholas Bruyer’s U.S. Treasury Notes 1812–1865 fills that need very nicely. Because the era of U.S. Treasury Notes, from the War of 1812 through the American Civil War, is so fascinating, Bruyer’s book holds great interest for numismatists—those history buffs who study money—but also for everyone who wants a deeper understanding of our nation’s early formative decades.


Book reviewer Dennis Tucker is a life member of the American Numismatic Association, a Fellow of the Academy of Political Science, and secretary pro tem of the Rittenhouse Society. As publisher at Whitman Publishing since 2004, he has worked on hundreds of books on numismatics, banking and economic history, and other nonfiction subjects. He has written about paper money for hobby publications including his column “From the Colonel’s Desk,” and is the 2013 recipient of the Society of Paper Money Collectors’ Forrest Daniel Award for Literary Excellence. Since 2016 Tucker has served the U.S. Treasury Department as the numismatic specialist of the Citizens Coinage Advisory Committee.

Posted by News Release in Books, Recent
Unearthing the Past: Kenneth W. Rendell’s Adventures in Collecting and Forging History

Unearthing the Past: Kenneth W. Rendell’s Adventures in Collecting and Forging History

Whitman Publishing is set to release an enthralling autobiography that offers readers a glimpse into the extraordinary life of famed artifacts collector and dealer, Kenneth W. Rendell. Titled Safeguarding History: Trailblazing Adventures Inside the Worlds of Collecting and Forging History, this 328-page memoir promises to take readers on a captivating journey through Rendell’s remarkable career. Often referred to as the “Indiana Jones” of the art and collecting world, Rendell’s adventures span the globe, and his book is set to debut nationwide on October 3, 2023.

For decades, Kenneth W. Rendell has traversed the far corners of the world in pursuit of some of history’s most significant and iconic artifacts. From ancient relics to Renaissance masterpieces, Rendell’s expertise extends to rare manuscripts, historical artifacts, and autographs. He has built a reputation as a master collector and dealer, known for debunking historical forgeries and solving perplexing mysteries.

Among his notable accomplishments, Rendell played a key role in debunking the infamous Hitler Diaries in the 1980s. He also aided in resolving the Mormon Church’s “White Salamander Letter” murders and exposed the so-called Jack the Ripper diary as a fraud. With an impressive portfolio to his name, Rendell orchestrated the creation of Bill and Melinda Gates’s personal library and has appraised, bought, and sold major archives, including those of Richard Nixon, Ronald Reagan, Frederick Law Olmsted, and General George Patton, among others. His legacy extends to a staggering collection of 12 million uncataloged artifacts from the Northern Pacific Railroad.

Rendell’s expertise in World War II history is equally lauded. He is the founder and creator of the International Museum of World War II, and his profound understanding of the Home Front, black ops, propaganda, espionage, and the experiences of ordinary soldiers and service members is unparalleled. His book World War II: Saving the Reality, published by Whitman Publishing in 2009, was hailed as a work of magnificence and importance by the OSS Society Journal.

In Safeguarding History, Rendell delves into his early days as a prodigy coin dealer during the 1950s and early 1960s. His connections and friendships with luminaries of that era, such as Q. David Bowers, Kenneth Bressett, Walter Breen, Grover Criswell, and George Fuld, led to the founding of the Rittenhouse Society and other fruitful collaborations. Readers will be treated to thrilling accounts of Rendell’s adventures while hunting down coins in the Caribbean and Europe, where he encountered and interacted with renowned dealers, collectors, and researchers.

The memoir is not just a recollection of historical artifacts and events; it also provides an intimate look into Rendell’s personal encounters with some of the world’s most prominent figures. From Malcolm Forbes and Clint Eastwood to Tom Hanks and various Supreme Court justices, Rendell’s stories are peppered with encounters with Patti Reagan, Otto Kerner, Bill Gates, John Eisenhower, Ted Kennedy, and even a cross-country meeting with Harry Truman when he was just 20 years old.

Apart from being a thrilling recounting of Rendell’s adventures in the world of collecting, Safeguarding History also serves as a personal reflection on overcoming challenges and succeeding in both business and life. Doris Kearns Goodwin, who provides the book’s foreword, praises Rendell as a master storyteller. She aptly captures the essence of the memoir, describing it as an exploration of a world filled with adventures, mysteries, sensational hoaxes, thefts, and even murders.

Beyond his pursuits in antiquities, Rendell’s zest for life extends to impressive sporting achievements. Readers will be awed by his passion for extreme sports, from ski racing in his 30s to helicopter skiing in his 40s, Hawaiian windsurfing in his 50s, and snowboarding well into his 80s.

Renowned historian Ken Burns hails Kenneth W. Rendell as one of the greatest collectors of historical artifacts, emphasizing how his work humanizes and personalizes the scope and promise of human endeavor.

With its October 2023 release date approaching, Safeguarding History is poised to become a must-read for history enthusiasts, art aficionados, and collectors eager to partake in Kenneth W. Rendell’s extraordinary journey through time and across the globe. This trailblazing autobiography promises to be a riveting tribute to the world of art, history, and the indomitable spirit of a true adventurer.

Posted by News Release in Books, Recent
Historic Discovery: Mint-Sealed Bag of 1963 Denver Mint Silver Half-Dollars Set to Make Six-Figure Splash at Auction

Historic Discovery: Mint-Sealed Bag of 1963 Denver Mint Silver Half-Dollars Set to Make Six-Figure Splash at Auction

In a remarkable numismatic discovery, an elderly woman from northeast Oklahoma is about to cash in on a treasure trove of historic silver half-dollars dating back to 1963. The canvas bag, which has remained sewn shut since its minting 60 years ago, contains 2,000 silver half-dollars struck at the Denver Mint and holds an intriguing story of a father’s thoughtful gift to his daughter.

The bag contains a total face value of $1,000, comprising fifty-cent denomination coins featuring the likeness of Benjamin Franklin. However, it is the silver content that makes this collection exceptionally valuable. Each 1963 half-dollar is estimated to hold approximately $9 worth of silver, adding a significant premium to their original face value. Moreover, in mint condition, these Denver Mint half-dollars can fetch around $50 each in today’s market.

Rick Tomaska, co-founder of Rare Collectibles TV based in Los Angeles, California, expressed his excitement about the upcoming auction. According to him, “This original, mint-sealed bag contains a piece of numismatic history. Considering the individual value of these coins, I would not be surprised if this bag sold for $100,000 or more.”

The bag, belonging to an elderly woman who chooses to remain anonymous, has an endearing backstory. In the 1970s, the woman’s father, a Denver dentist, gifted bags of silver half-dollars to each of his four children. While her siblings sold their coins over the years, she held onto her precious inheritance for five decades.

The canvas bag bears the inscription “U.S. MINT DENVER HALF DOLLAR $1,000 1963,” along with original stitching from the mint that securely sealed its contents. A vintage American Airlines tag attached to the bag, dated April 20, 1967, indicates its shipment to Oklahoma, where the woman’s retired father lived.

Rick Tomaska further commented on the rarity of this find, stating, “This is undoubtedly one of the last if not the very last known surviving, mint-sealed bag of 1963 Denver Mint Franklin half-dollars. The woman told me she kept it all these years because she loves silver.”

As the co-founder of Rare Collectibles TV, Tomaska is well-versed in rare coins, but he admitted that this discovery stands out as a truly unique and exceptional numismatic artifact. “This is the first time I’ve seen an original, mint-sealed bag of Franklin silver half-dollars in almost 40 years in the rare coin business,” he said, underscoring the extraordinary nature of this auction.

The auction, set to take place on July 27, 2023, will be broadcasted on national television on various channels, including DirectTV channel 222 and Dish channels 85 and 224. Bidding will commence at an impressive $69,000.

Numismatists, collectors, and investors alike are eagerly anticipating the auction, hoping to secure this extraordinary piece of history. Whoever emerges as the winning bidder will become the custodian of an invaluable and super rare numismatic artifact. Tomaska expressed a wish that the bag remains unopened to preserve its pristine, mint-sealed heritage.

The legacy of these silver half-dollars harks back to the rich history of the United States Mint, which began producing half-dollar denomination coins as early as 1794. The Benjamin Franklin design graced the coins from 1948 to 1963, following which it was replaced by the iconic tribute to President John F. Kennedy.

For those unable to participate in the live auction on television, online viewers can also join in on the bidding action by visiting https://www.rarecollectiblestv.com/watch-live-tv at 8 PM Eastern/ 5 PM Pacific on Thursday, July 27, 2023.

For more information and inquiries about the auction, interested parties can call 800-581-7273 or visit the official website of Rare Collectibles TV at www.RareCollectiblesTV.com. This unique event promises to be a historic moment in the world of numismatics, as enthusiasts and collectors eagerly await the fate of this exceptional mint-sealed bag of 1963 Denver Mint Franklin half-dollars.

Posted by News Release in Auctions, Recent
New Social Network for Coin Collectors, MyCollect, Launches with Exciting Features and TheftCheck Database

New Social Network for Coin Collectors, MyCollect, Launches with Exciting Features and TheftCheck Database

MyCollect, a revolutionary social network designed exclusively for coin collectors, has officially launched, providing a platform that combines interactive features of the hobby and trade. Founded and operated by collectors, MyCollect aims to address the algorithm problems commonly encountered on mainstream platforms such as Facebook while offering a safe and engaging environment for collectors worldwide.

Ian Russell, the founder of MyCollect and president of GreatCollections in Irvine, California, shared some insights about the platform’s features, saying, “The website (www.mycollect.com) is free of charge and offers a wide range of functionalities. Among the notable features are competitive sets of all U.S. coin series, the option to post publicly or privately to selected friends, and TheftCheck, the most extensive and timely searchable database of stolen certified coins.”

The platform’s primary goal is to connect, interact, learn, collect, and compete in a secure environment, all while being overseen by fellow collectors. One of the standout aspects of MyCollect is its registry section, which is not limited to one certification service. Participants can add any or all of their PCGS, NGC, and CACG-certified coins to their inventories and MyCollect Sets, fostering inclusivity and convenience.

Early reviews of MyCollect have been overwhelmingly positive, with Kenny Duncan, Jr., chief numismatist at U.S. Coins and Jewelry in Houston, Texas, describing it as a “game changer” and an invaluable tool for collectors and dealers alike.

The platform’s launch on July 10, 2023, witnessed a surge in activity, with hundreds of accounts created, messages posted, and over $250 million worth of rare coins added to the MyCollect Sets section. One notable addition is the Elite Collection of Saint-Gaudens Double Eagles, which includes the world’s most valuable rare coin—a 1933 Double Eagle that sold at auction for a staggering $18.9 million.

The entry of MyCollect into the market poses a challenge for industry giants like Facebook and Instagram, who lack the essential coin and collectibles knowledge. Moreover, their algorithms have faced criticism for limiting users’ ability to view all their friends’ posts in real-time. In contrast, MyCollect is wholly owned and operated by collectors, driven by a long-term vision to promote the growth of the hobby and marketplace. The platform also has plans to expand to numerous other collectibles categories worldwide.

A vital feature of MyCollect is TheftCheck, which fulfills a longstanding need in the coin market. By entering a PCGS, NGC, or CACG certification number, users can instantly verify whether a coin has been reported stolen. The TheftCheck database is managed by former Texas Police Chief Doug Davis, founder of the Numismatic Crime Information Center. Davis will input theft reports on behalf of dealers, collectors, insurance companies, and law enforcement agencies.

In addition to its user-friendly features for collectors, MyCollect also offers application programming interfaces (APIs) for dealers and auction houses to utilize the platform’s capabilities and integrate with TheftCheck.

Russell expressed his excitement about the development process, stating, “It’s been an immense amount of fun building MyCollect with our team. We have added features that help collectors, and we will continue to expand our offerings.”

Coin enthusiasts attending the American Numismatic Association 2023 Pittsburgh World’s Fair of Money® will have the opportunity to witness live demonstrations of MyCollect at table 1200, taking place from August 8-12 in the David L. Lawrence Convention Center.

To learn more about MyCollect and its features, please visit www.mycollect.com, contact 949-679-4180, or email info@mycollect.com.

Posted by News Release in Auctions, Recent
Rare and Exquisite Coins from Harry W. Bass, Jr. Collection Head to Auction, Benefiting Dallas Nonprofits

Rare and Exquisite Coins from Harry W. Bass, Jr. Collection Head to Auction, Benefiting Dallas Nonprofits

1907 Double Eagle Soars in Heritage Auction from Bass Collection

Heritage Auctions is excited to announce that a remarkable collection of rare coins from the esteemed Harry W. Bass, Jr. Collection will be up for auction on August 10th through Heritage Auctions, an Event Auctioneer Partner of the ANA’s World Fair of Money. Among the highlights is the highly-graded 1907 Ultra High Relief Double Eagle, PR69, which is tied for the finest known example.

The proceeds from this auction, as with the previous three auctions from the Bass Core Collection, will go towards supporting numerous Dallas-based nonprofits, with a special emphasis on early childhood education and literacy programs in the area. Harry Bass Jr., a passionate numismatic collector and a loyal resident of Dallas, dedicated much of his life to assembling one of the most extraordinary collections of U.S. Federal gold coins. Through the generosity of the Harry W. Bass Jr. Foundation, the Dallas community has already benefited from the $62.6 million raised in the previous auctions, and this auction will contribute further to this impressive total.

The featured 1907 Ultra High Relief Double Eagle is a truly exceptional coin. It was the first of its kind to be publicly offered in 1920 and has since remained out of public reach. Previously held in the renowned collections of John H. Clapp and Louis E. Eliasberg Sr., this rarity now presents a unique opportunity for collectors and enthusiasts to own a piece of history.

Another highly sought-after coin in the auction is the finest known 1829 Capped Head Left Half Eagle, PR66+ Cameo, which is the only proof 1829 Small Date half eagle in private hands. Notably, the last time an 1829 Capped Head Left half eagle was auctioned by Heritage Auctions, it fetched a record bid of $2.88 million. The rarity of this coin, combined with its exceptional condition, makes it a true standout in the numismatic world.

Other notable treasures include an 1828/7 Half Eagle, an 1799 $10 Large Obverse Stars, an 1863 Three Dollar, and an 1877 Fifty Dollar coin. Each of these coins represents a significant piece of history and rarity in the early U.S. gold series. The opportunity to own these exceptional coins rarely comes around, and collectors and enthusiasts are eagerly anticipating this auction.

The Harry W. Bass, Jr. Collection is not only a testament to the passion and dedication of its collector but also a remarkable philanthropic endeavor benefiting the local community. With each auction, the foundation continues to make a profound impact on early childhood education and literacy in Dallas. Don’t miss your chance to participate in this extraordinary event and contribute to a worthy cause.

For more information and to participate in the auction, visit the Heritage Auctions website.

Posted by News Release in Auctions, Recent
Safe Storage Tips For Your Gold

Safe Storage Tips For Your Gold

You bought gold. Now what? There are pros and cons when considering a home safe, bank deposit box, or bullion depository.

During the “Gold Rush of 2023,” dealers report that demand for gold bullion coins has soared from both previous investors and many new buyers. Now the important question is: how should you safely protect and store your precious metal purchases?

The Professional Numismatists Guild (www.PNGdealers.org), a nonprofit organization composed of many of the country’s top rare coin and precious metals dealers, advises that the three most popular methods of storage each have advantages and disadvantages.

“The secure storage methods usually considered by investors are a home safe, a safe deposit box at a bank or other financial institution, and/or a third-party bullion depository. Buyers of rare coins or gold, silver or platinum bullion coins or ingots should carefully consider which approach is best for them,” said PNG President Wayde Milas.

Here are comments from some PNG member-dealers about the pros and cons of different types of secure storage.

Home Safe – Pro:

Warren Mills of Rare Coins of New Hampshire in Milford, New Hampshire, disagrees about bank deposit boxes. “I always recommend home safe. If there’s a bank holiday, there goes your access. An insured home safe is the best option. Many homeowner policies offer up to a certain amount of a coverage rider at no premium or a reduced premium, and you can also obtain private insurance for a home safe.”

Mills also suggests installing a “dummy” safe visible in a bedroom closet “so your house doesn’t get wrecked if unfriendly people break in. A heavy. dummy safe lets them think they got the goods.”

“I recommend getting a safe with a minimum rating of Class C which provides at least 1 hour of tool resistance. Always with the caveat that although it’s your option, I discourage buying a gun safe. They can look fancy and strong but are generally rated A or B and do not provide the tool resistance of a Class C safe. Furthermore, insurance for bullion is not covered under your regular homeowner’s policy. A rider has to be purchased which can run thousands annually,” says Diane P Rapanotti of The Roamin’ Roman in Cabot, Arizona.

John Maben of Pegasus Coin & Jewelry in Bradenton, Florida is adamant: “I advise against any third-party storage and/or bank safe deposit boxes. You should be able to get your coins and precious metals quickly and easily. Only you and one other trusted person should know where they are kept. I suggest TL15 or TL30-rated safes or a highly concealed wall or floor safe.”

Maben adds: “Very wealthy people often have secret rooms in their house as well. Relinquishing any control of your coins and bullion is counter to the purpose of owning them.”

Home Safe – Con:

Tom Caldwell of Northeast Numismatics in Concord, Massachusetts cautions, “No home safe is completely safe from theft.  If the bad guys want them bad enough, they will find a way. If home storage is done make sure you have coverage on your homeowner’s policy or if this is exceeded get a rider on it.” 

“I would not keep everything in a home safe. Home safes can get blown away by tornadoes or hurricanes, and bad guys may tie you up and threaten or beat you and your family until you disclose the combination. Only leave a small number of items in a home safe,” warns Michael Fuljenz, president of Universal Coin & Bullion in Beaumont, Texas.

“If kept at home, items should be well hidden, and do not tell anyone about them.  An alarm system is recommended,” suggests Leidman.

Safe Deposit Box – Pro:

“The best storage method would be a safe deposit box in a bank or appropriate facility that has the same kind of security as a bank,” says PNG member Julian Leidman of Bonanza Coins in Silver Spring, Maryland.

“The only risk-free method is safe deposit boxes. Every other storage option has risks,” believes Caldwell. “The minor inconvenience of not having access to your coins to look at and enjoy when banks are closed is far offset by the added security of a safe deposit box.” 

Rapanotti points out that bank deposit boxes are a relatively low-cost, low-risk option for protection. “Many commercial coin and jewelry insurers give large discounts on their annual premiums if the bulk of the inventory is kept in a safe deposit box,” she explains.

“I’ve never personally known of anyone losing coins stored in a safe deposit box, but keep mum about the bank box and don’t be predictable about visits to the bank,” cautions Fuljenz. “Large safes are usually too heavy for thieves to carry, and also you should bolt the safe to the floor in an out-of-the-way location; not the master bedroom or bathroom because those are the first places thieves look.”

Safe Deposit Box – Con:

“The drawback is a bank safe deposit box is generally not available weekends or holidays,” says Rapanotti.

“Storing your rare coins or bullion coins in a bank is not convenient to view and enjoy your collection, so the option is to take images of the items so you can view them anytime,” Caldwell suggests.

Bullion Depository – Pro:

Twenty-four-hour, seven-days-a-week on-site security and surveillance may provide peace of mind about keeping your valuables in this type of third-party storage.

Bullion Depository – Con:

Caldwell says based on several bullion depository events of recent years “with third-party depositories there may be a chance of them going bad and you may be out of luck.”

“I never recommend third-party (depository) storage unless it is a qualified IRA account. The annual costs are high. Generally, your items are not immediately accessible due to documentation and signatory requirements,” says Rapanotti.

          Probably the worst place to store your bullion or rare coins is to bury them in the backyard. “Plastic tube containers and metal or wood boxes can leak over time resulting in environmental damage to the coins, and there are other risks with having valuables easily retrievable outside a locked and alarmed house,” says Fuljenz.

Members of the Professional Numismatists Guild and its Accredited Precious Metals Dealer program (www.APMDdealers.org) must adhere to a strict Code of Ethics (www.PNGdealers.org/code-of-ethics) in the buying and selling of numismatic merchandise.

Posted by News Release in Recent
Ten Autographed Cherrypickers’ Guides Will Be Raffled at the ANA World’s Fair of Money

Ten Autographed Cherrypickers’ Guides Will Be Raffled at the ANA World’s Fair of Money

Whitman Publishing is launching the new sixth edition, volume II, of the Cherrypickers’ Guide to Rare Die Varieties at the American Numismatic Association World’s Fair of Money in Pittsburgh, August 8–12, 2023. A small quantity will be sold at the show, with a limit of one copy per customer. Ten copies will be raffled to lucky winners at the Whitman Publishing booth. After the show the new volume will be available from booksellers and retailers nationwide.

“We know how frustrating it is to experience a sell-out when quantities are limited,” said Whitman Publishing’s Dawn Burbank. “We want to make sure every collector at the ANA show has an equal chance to win the new Cherrypickers’ Guide if they’re not able to buy one. We’re reserving ten copies to raffle during the show, two per day, Tuesday through Saturday.”

The raffled books are dated and individually numbered, with bookplates autographed by author Bill Fivaz. For hobbyists who can’t attend the World’s Fair of Money, the 320-page spiralbound-hardcover book can be preordered for $39.95 online, including at Whitman.com. Delivery of preordered books will begin after the ANA show.

Posted by News Release in Books, Recent
“Profit of the Mind”—R.S. Yeoman on How to Run a Good Coin Show

“Profit of the Mind”—R.S. Yeoman on How to Run a Good Coin Show

Kenneth Bressett’s memoir A Penny Saved: R.S. Yeoman and His Remarkable Red Book celebrates the life of his mentor, hobby legend Richard S. Yeo (known as R.S. Yeoman), and the longevity of the Guide Book of United States Coins (the “Red Book”), first published in 1946. The 352-page hardcover volume is available from bookstores and hobby shops and online (including at Whitman.com). This excerpt is from chapter 5, wherein Bressett shares a number of Yeoman’s writings. It was first published in the February–March 1964 issue of the Whitman Coin Supply Merchandiser. Yeoman talks about the importance of coin shows, the camaraderie they foster, and how to balance their objectives. He put these thoughts on paper 60 years ago—but they could have been written with equal wisdom today.

Whatever observation we make about the trend of coin collecting, the desire to assemble in large groups is clearly the most evident. Any week of the year, with a few obvious exceptions, there are one to ten coin shows in as many communities throughout the United States and Canada. It is a good trend, and those of us who supply the necessary accessories for arranging, protecting, and pricing coins, should encourage this kind of togetherness to the utmost.

The primary objective of the convention has been and probably will continue to be the selling and buying of coins. These gatherings are basically bourses, and most dealers derive an added benefit from making contacts with new and old customers. The sale of a coin folder or Blue Book to a novice collector is often the start of a long-term dealer-client association.

The future of the coin show or convention, however, rests on more than the bourse, and it is encouraging to see how some local club sponsors are keeping a happy balance between the dealer’s bourse, the auction, and the educational features. The show chairman is on the right track when he emphasizes exhibits and announces well in advance that handsome trophies or plaques will go to the winners. He knows that newcomers to the numismatic ranks are quickly brought into the show when the local newspaper, radio, and TV announces a free exhibit of rare coins.

We have noticed that the best attendance comes to those coin shows that have a modest or free registration, accessible display room, cordial committee members to answer questions, and a place to rest when the feet start to tire. One feature in particular has been offered by only a few conventions, and that is a special educational forum. Sometimes a panel of two to four well-informed individuals can do more to further the hobby than all the coin investment plans ever devised. There ought to be more of this kind of thing.

Our hobby can be torn apart very thoroughly if the profit motive continues to be over-emphasized to the exclusion of educational features. Competitive displays, authoritative lectures, mind-stimulating forums, and displays of available numismatic literature are convention attractions that can strengthen and perpetuate the ranks of the coin collecting fraternity. Let us have both school and marketplace, but in the right proportion. Perhaps we can plan our conventions this year with more emphasis on profit of the mind.

Posted by News Release in Books, Recent
Q. David Bowers’s New Guide Book of Morgan Silver Dollars Back Story

Q. David Bowers’s New Guide Book of Morgan Silver Dollars Back Story

The seventh edition of Whitman Publishing’s best-selling Guide Book of Morgan Silver Dollars, by Q. David Bowers, is on sale now, available from booksellers and hobby shops nationwide. Here, Whitman publisher Dennis Tucker discusses the new volume in the context of the hobby’s fascination with these historic coins.

Ask collectors to rank the coins of the United States by popularity, and the famous Morgan silver dollar will always emerge at the top of the list. At Whitman Publishing we’re immersed in the coin’s universal appeal. Hobbyists buy thousands and thousands of albums, folders, and other holders to store and display their Morgan dollars. We get emails, letters, and phone calls about the hefty old coins. At coin shows, collectors, dealers, and investors are always talking about them. As we work on each year’s edition of the Guide Book of United States Coins (the “Red Book”), we hear plenty of Morgan dollar observations and market analysis from coin dealers around the country.

Meanwhile, outside the active hobby community, this is one of the “rare coins” that even non-collectors know about. They see them tossed in the air in a Hollywood Western, or for sale in a magazine ad, or nestled in Grandma’s purse. If Grandpa had a cigar box of old money, it likely included a Morgan dollar. Once this coin entered the American consciousness nearly 150 years ago, it never left. It’s a hard-money classic that sparks our imagination.

Given this widespread interest, it’s easy for a publisher to answer the question, “Why make yet another book about Morgan dollars?” In my opinion, America’s most popular coin deserves as many good books as the hobby community can read and enjoy. From observing the book market over the past 20-plus years, I believe that a rising tide lifts all ships when it comes to Morgan dollars. Because of the hobby’s longstanding interest in these coins, each new Morgan dollar book starts out with the potential of a built-in audience. If the book is fun to read and gives valuable information, it will create even more excitement around its already popular subject.

It’s kind of like the Treasury Department’s sale of its warehoused hoards of Morgan dollars in the 1960s and ’70s. Far from glutting the market and depressing prices, the mountains of coins were eagerly bought up, enthusiasm skyrocketed, and values began to rise.

Dave Bowers Creates a New Best-Seller

Q. David Bowers’s Guide Book of Morgan Silver Dollars, billed as “A Complete History and Price Guide,” is the popular standard reference in the field. The first edition was published almost twenty years ago, in 2004. Of course, by then Bowers was widely recognized as a subject-matter expert (not just for Morgan dollars, but across all aspects of U.S. numismatics). His published work on these coins goes back decades; a short list includes the Comprehensive U.S. Silver Dollar Encyclopedia (1992) and the hugely popular two-volume Silver Dollars and Trade Dollars of the United States: A Complete Encyclopedia (1993), not to mention numerous chapters, essays, and articles published in other books and in hobby newspapers, journals, and magazines.

The second edition of this guide book followed in 2005 with updated pricing and certified-coin population data. A new appendix studied the Morgan dollar patterns of 1878.

In 2007 Whitman published the third edition. By this time the modern renaissance in numismatic publishing was well under way. Black-and-white photographs were no longer acceptable to the hobby community; the third edition was published in full color. Again the book’s coin-by-coin pricing was updated, reflecting the active market, and certified populations captured the latest data. New research was incorporated into the manuscript—Morgan dollars are a popular field of study with frequent new discoveries. We improved the book’s layout and typography to make it as pleasantly readable as possible and easy for the reader to navigate.

The fourth edition came out in 2012. Again fully updated and revised, the new edition added an illustrated appendix of misstruck and error Morgan dollars, showcasing some truly remarkable coins including double strikes and off-centers, along with advice to guide smart purchases.

What did the hobby community think of Morgan dollars at this point? The fourth edition’s updated pricing reflected continuing enthusiasm. Many common dates had increased in retail price by 50 percent or more since the book’s first edition debuted eight years earlier, and rare dates and varieties had doubled—or more—in value. The Morgan dollar remained the King of American Coins.

Other New Morgan Dollar Books

By the time the Guide Book of Morgan Silver Dollars established itself as the coin’s modern standard reference, other Whitman books had joined the party. In late 2009 (with a copyright date of 2010) we published Carson City Morgan Dollars: Featuring the Coins of the GSA Hoard, by Adam Crum, Selby Ungar, and Jeff Oxman. “This book begins with the accidental discovery of gold in California in 1848,” we announced at its release. “The struggles of adventurers in the Gold Rush . . . the Nevada silver boom of the late 1800s . . . the creation of the Carson City Mint . . . these are some of the rich historical veins that Crum, Ungar, and Oxman mine in Carson City Morgan Dollars.”

Carson City Morgan Dollars was expanded and revised in a second edition released in 2011, then updated to a third edition that debuted at the American Numismatic Association’s National Money Show held in Atlanta in March 2014. Even with its specific focus on a subset of Morgan dollars, there was plenty of new material to enhance the new edition. It was updated with additional historical photographs, revisions from ongoing research, new coin values and certified-coin populations, and fresh market commentary. A fourth edition was published in 2018, expanded by 24 pages with a photographic gallery of the Carson City Mint, a review of other coins minted there, a study of Morgan dollar values in the late 1940s, and other updates and additions.

In November 2012 (copyright date of 2013) Whitman published The Private Sketchbook of George T. Morgan, America’s Silver Dollar Artist, a remarkable new book made in cooperation with the Smithsonian Institution. “Today most collectors know Morgan as the father of this legendary silver coin,” we noted. “Some specialists are familiar with his designs for commemoratives and medals, and his significant work in U.S. pattern coins. But who exactly was George T. Morgan? Karen M. Lee, a curator of the National Numismatic Collection housed at the National Museum of American History, finally answers that intriguing question. Introducing Morgan’s never-before-published personal sketchbook, and with unique access to family photographs and documents, Lee reveals the man behind the coins. The Private Sketchbook of George T. Morgan is an eye-opening immersion into what Lee calls the designer’s ‘life of art and labor.’”

This book, like the others mentioned herein, went on to win literary awards.

Next, in 2014, a new Whitman book was published, authored by Michael “Miles” Standish assisted by the research/writing team of Charles Morgan and Hubert Walker. In Morgan Dollar: America’s Love Affair With a Legendary Coin, various sections discuss the United States during the Morgan dollar era; the anatomy of the coin’s design; a market study going back to 1946; a year-by-year analysis of the series, including Philadelphia, New Orleans, Carson City, Denver, and San Francisco coins; and Morgan dollar Proofs.

An Exciting Development, and a Fast Sellout!

The fifth edition of Bowers’s Guide Book of Morgan Silver Dollars debuted in September 2016. It featured the requisite updated pricing, a useful new index, fresh illustrations, and exciting news of a startling discovery: information never before published, the story of the 1964 Morgan dollar. This made national headlines, stirred up the hobby’s imagination, and got people talking. (Would we expect anything less from the wonderful and legendary Morgan dollar?)

Until the fifth edition of the Guide Book was published, the hobby community was unaware that dies, hubs, and models for a 1964 Morgan dollar exist deep in the vaults of the Philadelphia Mint. We featured a hub for the 1964 Morgan on the cover of the book, with more photographs and details of the bombshell discovery inside. This discovery was announced in late August 2016, and demand for the new book skyrocketed even before it debuted in September, causing a temporary sellout. We ordered thousands of more copies to be shipped from our printer for distribution that October.

In 2019 the sixth edition continued the ongoing exploration, conversation, and fascination with these classic coins. We dramatically expanded our coverage of the 1964 Morgan dollar, and increased the scope of the index (a helpful tool for navigating the book). A new appendix described a serious threat to the hobby: counterfeit coins. And again we updated the coin-by-coin catalog with current pricing and new certified-population data.

The Newest Edition of Bowers

Today Dave Bowers’s Guide Book of Morgan Silver Dollars is in its seventh edition. This latest version has been expanded by 16 pages, to include more (and larger) illustrations of circulated and Mint State grades; a gallery of toned coins; a new appendix on counterfeit Morgan dollars based on the work of retired Coin World editor Beth Deisher; a new appendix on the 1921–2021 anniversary coins; an expanded index; and a completely updated portfolio of date-by-date coin photographs. The pricing and certified-population data in the coin-by-coin chapter was again updated in a snapshot of today’s market.

George T. Morgan’s classic dollar coin continues to capture the imaginations of collectors, investors, dealers, and everyday Americans. Readers of the Guide Book of Morgan Silver Dollars will find much to learn in this new edition of Dave Bowers’s popular study.

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