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Kolbe & Fanning
Auction 164  27 Aug 2022
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Lot 284

Starting price: 325 USD
Price realized: 1800 USD
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Complete American Numismatist
Leal, C.E. [editor]. THE AMERICAN NUMISMATIST. PUBLISHED MONTHLY IN THE INTEREST OF COIN COLLECTORS. Volume I, Nos. 1-12, complete (Paterson, September 1886-December 1887. Small 4to, contemporary black quarter calf with marbled sides; spine ruled in gilt; original printed paper covers bound in at end. 102 pages, somewhat erratically numbered; occasional text illustrations. Very good or better. Bourne 1880-68. A rare and interesting publication. Two early articles on "Coin Collecting as an Investment" are featured, and numismatic events of the day are widely reported upon. A postponement in the case of Dexter versus Chapman is noted and the article states that "It is maintained by all experts that no Dollars dated 1804 were struck in that year; but it is an established fact that they have been struck on several occasions since 1827, from differently engraved dies." Another article, headlined "Postponement of the Linderman Sale," notes that the sale of pattern coins featured "a beautiful sharp proof silver dollar of 1804" and that the "many dealers and collectors, who had gathered at Bangs' rooms were greatly disappointed to hear that the sale was postponed indefinately [sic]." The article concludes: "Col. A.L. Drummond, of the Secret Service, attempted to seize the collection. Curiously enough, no one knew just where it was. Mr. Low, however, told the District Attorney that he would not dispose of the coins or take them out of the city until the case was finally settled." This elusive publication is probably best known today for events that transpired after it had ceased publication. In 1888, Dr. George Heath titled the first issue of what became the official publication of the American Numismatic Association, The American Numismatist. Thereafter the name was shortened to The Numismatist, probably to avoid conflict with the publication at hand, which had ceased publication several months earlier. An interesting and detailed article was published concerning this periodical by Joel J. Orosz in his Printer's Devil column appearing in the Winter, 1997 issue of The Asylum. In our Sale 162, a bound volume of the first eleven issues of this rare publication sold for $1800 hammer after a fierce bidding contest. Ex M. Bourne Library.
(Estimate: $500)
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