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 Wednesday, February 27, 2008
Artist Johnny Swing make use of coins in his furniture series
Posted by george
At the opening of the Museum of American Finance, I had the opportunity to speak with featured artist Johnny Swing.
Mr. Swing makes couches, chairs, tables, bowls from circulating clad or other base metal coinage.
Mostly nickels and quarters.
He welds the coins together, and supports them on bars, which then attach to other bars forming the main support and structural design.
They are sold at prices far exceeding face value. As an artist I appreciated the innovative technique and the comfortable form of the finished product.
2/27/2008 7:22:48 PM (Eastern Standard Time, UTC-05:00)
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Serbian and Yugoslav Paper Money reference by Stojanovic
Posted by george
Zeljko Stojanovic recently released his Standard Reference Guide to Serbian and Yugoslav Paper Money book.
It is wonderful !
Presented in a handy 5-1/2 x 8 size, the 278 pages include full color reduced size illustrations of bank notes, and listings presented in Yugoslav, German and English. Prices in multiple conditions are also included.
Each note is accorded its own catalog page, or more, if detailed variety information warrents. Note from 1876 to present are included, and are referenced to the Standard Catalog of World Paper Money catalog numbers.
Books are available directly from the author, and are priced at 35 Euro, or $50.00 USD plus postage. Contact Zeljko Stojanovic at: catalogpmserbia@yahoo.com
2/27/2008 7:06:53 PM (Eastern Standard Time, UTC-05:00)
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 Tuesday, February 19, 2008
Stack's Feb. 26-27 Sale offers goodies.
Posted by george
Often called the currency of fame, the portrait medal is a special item. Not many of us have one to present to friends. Today is primary day in Wisconsin. Politics have been on my mind of late, I've even received (electronic) phone calls from most of the remaining candidates, their husbands or past governors for support.
However, when all is said and done, and the November election is over, this fall a bi-partisan inaugural committee will select a sculptor to honor the inauguration of the next president.
For Franklin Roosevelt's first term, Paul Manship was selected. For another Manship work, might I recommend the Prometheus statue at Rockefeller Center in NYC, just past the ice skating rink, and under their Christmas tree.
The medal is a beautiful high relief portrait. The series of inaugural medals by this committee are only about 110 years old. It is a very nice set.
Stack's Rare Coins, in NYC is offering this medal, as well a many others from 1897 thru 1960. Check out the firms website at
www.stacks.com
.George
2/19/2008 4:13:53 PM (Eastern Standard Time, UTC-05:00)
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 Tuesday, February 12, 2008
An anniversary - 40 years in Scouting, 32 since Eagle
Posted by george
Lincoln's Birthday.
It is an interesting association / reminder date for me. 32 years ago on February 12th, I sat for my board of review held by members of our boy scout troop's committee and a representative from our district for the rank of Eagle Scout in the Boy Scouts of America. Yes, and they saw fit to approve the application too!
It was in the meeting rooms of the Astoria Presbyterian Church on 33rd street, next door to where I lived. Troop 90 was sponsored by the church since 1928.
Scouting was good for me. The program kept me off the streets while growing up. Scouting got me out of the city for weekend trips to the country. Events got me comfortable with alergies. The advancement program expanded my horizons. The merit badge program re-enforced things I liked to do - stamp collecting, coin collecting and railroading were my first three merit badges, followed eventually by printing, computers and photography. All topics which have become connected with my profession. (I have often said that if you look at a fellows merit badge sash you could see what he was to become in life.)
Being in a troop taught me a bit about group dynamics, personalities, different opinions and religious beliefs. 
I was involved in the program since a cub scout, so at 16 when I became Eagle, I was in the scout uniform for half my life. It was a big thing to have completed the advancement levels.
It has been a foundation to give back. I followed the example of the scoutmaster at the time, Joseph Chavatel. He earned his Eagle Award in the troop in 1964, and when he returned from service in Vietnam got involved in the troop as scoutmaster for 7 years. When his job took him to Washington DC, after a short interium, I took over the troop as scoutmaster which I did for 15 years until moving out to Wisconsin. Sadly after the short service of the scoutmaster after me, and 70 years in Astoria the troop closed.
However, I still see the program as a positive, and have remained active on a Venture Crew committee here in Central Wisconsin.
I've even gotten to write a book - the Standard Price Guide of U.S. Scouting Collectibles, which is still availale (autographed) from the author at a discounted $15.00 postpaid.
Do I disagree with some of the policies of the movement? Yes. (Can you say the three Gs) But as Michael Bloomberg reminded us in attendance during a Greater New York Council Eagle Scout Dinner some years ago (before becoming mayor of NYC) it is better to remain in the movement and try to affect change from within than leave the movement and try to do it from the outside as a non-member.
2/12/2008 12:54:47 PM (Eastern Standard Time, UTC-05:00)
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 Monday, February 11, 2008
eBay community Feb. 18-25 strike! Sellers of the world unite!
Posted by george
eBay Strike !
Well it certainly was news to me, but now it has gotten my attention.
I’ve been active on the internet auction site for just over ten years now. I’ve both sold items globally, and bought things locally - the stuff that we crowd into our lives for comfort or profit – and have had the opportunity to have some great email exchanges about experiences.
However, while reading a CNN story over the weekend, it alerted me to the strike. Then I went out to YouTube, and there was a very informative video. They I got to read on the eBay site the listing of all the fee changes to go into effect February 20th.
Yikes. A shot across the bow.
At times this winter I have had over 50 items listed each week. Now I have one, and next week, it goes away for a week.
George
2/11/2008 9:31:30 AM (Eastern Standard Time, UTC-05:00)
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U.S. Mint and Cent Production make 60 Minutes
Posted by george
Last evening after dinner while channel surfing on the TV, itired of the weekend primary pundent reports already, I came by 60 Minutes.
It was featuring a segment by Morley on the price the U.S. Mint is having to pay to produce our cent and our nickel, because the public demands them.
Interviews with Mint Director Moy were well done. Interviews with the MIT Student who figured our a formula for the value of the time wasted by each of us to count out cents for use in transactions at a cash register in the course of a year ($41.00 for every person).
What was even more exciting for a type collector was to see some of the designs for the 2009 circulating commemorative of the bicentennial of Lincoln's birth and the centennial of the cent.
So, how can we stop the cent use? It all comes down to understanding rounding.
As my co-worker Dave Harper just informed me on our walk into the building from the parking lot, it will be a savy merchant who would advertise - We always round down.
For the rest of us, the rounding occurs at the final total purchase, at the end of the 75.98 grocery bill, or the 29.59 in gas purchase. Rounding does not occur on each of the 15 items in the grocery cart.
During the interview Moy suggests that there will be a one time inflation of prices (two cents!) and then things will stablize. This also happened in the Euro zone countries where items got rounded up in the transition form national currencies. But then prices stayed steady for a longer periord to absorb that it.
I'm willing to take the hit. We have enough stupid decisions made in government that waste money, we do not have to do it on money too.
2/11/2008 9:03:20 AM (Eastern Standard Time, UTC-05:00)
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 Thursday, February 07, 2008
Krueger's Men, a new book on WWII Nazi counterfeiting.
Posted by george
A new book – Krueger’s Men, The Secret Nazi Counterfeit Plot and the Prisoners of Block 19 by Lawrence Malkin has been recently published by Little, Brown.
I was pleased to receive a copy of the recently released Krueger’s Men book after a lengthy phone conversation with the author. I found the book a good read, and informative. It mostly deals with the particulars of the people involved in the German production of counterfeit Bank of England currency during WWII, their daily routine, the bureaucracy in which they needed to operate and what the prisoners had to deal with in the production of the items, and what all did after the war. There is an 8-page photo section of the principals involved and some of the sites. Only two notes are illustrated.
This is a historical novel, a good story based on facts with a bit of a bias slant.
It is not in any way an identification guide for the counterfeit notes. If you want a guide to the notes, and how to identify them, I must recommend Nazi Counterfeiting of British Currency during World War II by Bryan Burke. 1987. ISBN: 0-9618274-0-8.
The specifics for Krueger’s Men: ISBN-13: 978-0-316-05700-4 $24.99, 287 pgs, 6x9 format, hardcover.
George
2/7/2008 9:17:59 AM (Eastern Standard Time, UTC-05:00)
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 Wednesday, February 06, 2008
Cyprus (and Malta) Change over to the Euro !
Posted by george
Cyprus makes the change over to the Euro
It is sad when a nation losses its national currency, and this month we have the Euro converson for Cyprus. After two years or so of dual prices posted in stores and markets, so folks could get accustomed to the conscpt, the actual period of one month of dual circulation just ended, with the Euro now the sole currency in use.
This has caused a great interest in high grade older notes, and with that, the prices for many pre 1985 have increased tremendously, and even the 1980 and 1990 issues have seen good upward movement. But remember, it is usually only seen with uncirculated grade notes!
The Central Bank has for some time sold uncirculated notes to collectors, but in the recent past they have instituted a premium surcharge for this service. Last year they raised the prices in anticipation of the increased collector demand during the last year of the Cypriot Lira.
Malta also made the change to the Euro. More about that later.
George
2/6/2008 8:50:31 AM (Eastern Standard Time, UTC-05:00)
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 Monday, January 28, 2008
20th Anniversary of Polymer Plastic Bank Notes!
Posted by george
While reading the E-Sylum, the electronic publication of the Numismatic Bibliomania Society, I was reminded that this week is the 20th Anniversary of the introduction of the first polymer plastic bank note. Actually January 26, 1998 was the date.
The honor went to Australia, and it was a circulating commemorative to honor the 200th anniversary of British settlement.
The note features Captian Cook in a hologram set in a clear area at the top left, the ship, Supply, and a group of colonists. The Back of the note features an aboriginal youth, rock painting and a ceremonial Morning Star pole. The dominate colors are brown and green on a multicolor underprint.
It is listed as #49 in the Standard Catalog of World Paper Money, Modern Issues.
With the success this commemorative note, the Reserve Bank replaced all circulating paper money (denominations from $5 thru $100) between 1992 and 1996.
George
1/28/2008 10:00:20 AM (Eastern Standard Time, UTC-05:00)
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 Thursday, January 24, 2008
When in NYC a visit to Champion is a must for the serious bank note collector
Posted by george
While in NYC earlier this month, I had the pleasure to once again visit the store and showroom of Champion Stamp Co. located at 432 west 54 street.
Arthur Morowitz has the large second floor corner office and is always friendly and a great conversationalist, Marty Appelbaum is a great organizer and the consument professional, however my main connection in the firm is Jon Morowitz who is my contact for updates and corrections to listings in our Standard Catalog of World Paper Money series of books.
Their business has been for some time American Bank Note Company, Harrison & Sons or Bradbury, Wilkinson & Co. specimens. However, in the past few years they have expanded to also provide a great selection of higher grade issued world notes too.
So, when in NYC, call ahead and arrange a visit. They are open 10-4, and late on Thursdays, to 7. The second floor showroom also is the place to see available inventory of vignette engravings, stocks and bonds.
The company website is www.championstamp.com. Stop by for a visit, download the current catalog of specimen bank notes, or see what new offerings are available. Including a wonderful where to eat guide to NYC.
George
1/24/2008 10:09:51 AM (Eastern Standard Time, UTC-05:00)
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 Sunday, January 20, 2008
George speaks to New York Numismatic Club kicking off Centennial Year!
Posted by george
December 2008 will mark the centennial of the founding in 1908 of the New York Numismatic Club.
As a member since 1981, I felt it important to participate some way in the centennial, so I made myself to be available as the after-dinner speaker for the January meeting, as I would be in town the week prior for the NY International show. 
My topic was a discussion of 19th and early 20th century public transportation in the City of New York - Omnibus, Horse Car, Street Car, Elevated Railroad, Subway and Ferry. These were augmented by a selecion of fare tickets which ranged from the well engraved, to very plain typeset and offset printed items.
George
1/20/2008 9:02:55 AM (Eastern Standard Time, UTC-05:00)
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Museum of American Finance re-opens on Wall Street
Posted by george
The Museum of American Finance has re-opened at a new location on Wall St.
Now at 48 Wall Street, the location is the former main banking room of the Bank of New York. A 20-year leese has been signed for 30,000 sq. feet of space which includes the main floor exhibit area, a 250 seat theater, classrooms, as well as collection storage and staff space.
The exhibition space features several theme-specific exhibition areas. The Financial Markets includes informaiton and displays in trading stocks, bonds and futures. Examples of historic stocks and bonds are on display, as well as examples of commodities. Banking in America traces the historiy of institutions. Monitors are places in a semi-circle around the top of the marble entrance stairway. Also in this area are a group of kisoks with video interviews honoring Entrepreneurs telling their success stories. There is a room dedicated to Alexander Hamilton (founder of the Bank of New York), and a "vault" featuring development of Money in America, from colonial times, thru obsolete currency and the begining of Federal currency to today's Federal Reserve Notes. There is special exhibition space for temporary displays as well as a 48-seat theater and a well stocked money themed gift shop. The exhibition area was designed by the firm of C&G partners, under the team leadership of Jonathan Alger.
The main bank floor includes eight large murals painted in 1928 by J. Monroe Hewlett depicting images related to banking, manufacturing and international trade.
Museum president Lee Kjelleren and museum founder John Herzog were on hand to greet visitors at the members reception, and to inform us of the decision by Duncan L. Niederauer, CEO of NYSE Euronext that the Musuem will be considered the defacto visitor center for the New York Stock Exchange.
Open Tuesday-Saturday, close on federal and market holidays. Admission is $8. for adults, $5 for children and seniors. See www.financialhistory.org
1/20/2008 8:53:19 AM (Eastern Standard Time, UTC-05:00)
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