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Kolbe & Fanning
Auction 164  27 Aug 2022
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Lot 319

Starting price: 65 USD
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The Metropolitan Coin Company
Metropolitan Coin Company. THE METROPOLITAN NUMISMATIC JOURNAL. Walter H. Breen, editor. Issue 1 (May-June 1961). 8vo, self-covered. 16 pages. Fine. [with] Breen, Walter, and Lynn Glaser [editors]. THE NUMISMATIC JOURNAL. No. 2 (November 1961). 8vo, original printed card covers. 28 pages; illustrated. Near fine. The Metropolitan Coin Company was founded by C. Lynn Glaser and Paul Weinstein. According to Ken Lowe ("American Numismatic Periodicals from 1860 to 1960: An Overview Based on Remy Bourne's Book of the Same Name"), "apparently between 200 and 300 copies of the first issue were produced. The second issue, dated November 1961, was renamed The Numismatic Journal as Glaser took over the journal and withdrew from the Metropolitan Coin Company which had moved to New York City where it was operated by Paul Weinstein." It is substantially more rare than the first issue. Youthful hubris aside, both issues of the Journal are numismatically significant. Breen contributed to the first issue articles on a 1795 dollar overstruck on a 1794 dollar, Massachusetts silver, and a new sub-variety of 1794 cent. Glaser's contribution was "The Beginnings of Inflation" at the U.S. Mint. In the second issue, the two collaborated on "Miss Liberty's American Debut," a meritorious exposition on numismatic iconography. Following the Q&A and a "New Discoveries" section, the issue features the concluding segment of Breen's Massachusetts silver checklist. Despite Glaser's assertion that "future issues will appear bi-monthly," the Journal ceased publication after its second issue. Ex M. Bourne Library.
(Estimate: $100)
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