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Jun 03 2018

Eric P. Newman Numismatic Education Society Donates $50,000 to Support ANA's Summer Seminar Program

The Eric P. Newman Numismatic Education Society has donated $50,000 to support the American Numismatic Association’s Summer Seminar. The donation includes a “matching” funds campaign to supplement the proceeds of the Young Numismatist Benefit Auctions. The money also provides for the establishment of all-expense-paid scholarships for Young Numismatists (YNs) to attend the event. The “Eric P. Newman Young Numismatist Scholarship Program,” will help students who otherwise might not be able to attend the Summer Seminar, which celebrates its 50th anniversary this year.

The late Eric P. Newman, who became a member of the ANA in 1935, is widely remembered and respected for his work as an author, researcher and speaker. In 1958, he and his wife, Evelyn, established the Eric P. Newman Numismatic Education Society (EPNNES), which is dedicated to helping fellow numismatists realize their own potential. As an ANA Summer Seminar instructor, Newman was an advocate for the program, which seeks to equip numismatists with the knowledge and skills necessary to become successful in the numismatic community. Held annually on the campus of Colorado College in Colorado Springs (adjacent to the ANA), the Summer Seminar is a once-a-year opportunity for numismatic learning and camaraderie that offers students a varied selection of weeklong courses designed for discovery or continued study. For many students, the Summer Seminar is a life-changing event. It has catapulted the careers of several of the nation’s most respected collectors, authors and dealers.

“The ANA is so grateful to the Eric P. Newman Numismatic Education Society for its graciousdonation,” said Kim Kiick, ANA executive director. “This donation helps encourage numismatic study and enables young collectors to grow and advance in their numismatic journeys. We welcome that support.”

The Young Numismatist Benefit Auctions are coordinated entirely by young collectors – everything from acquiring auction items and cataloging collected items, to organizing and conducting the auction. Last year, the auctions raised $27,519. The donation from the Eric P. Newman Numismatic Education Society will double the amount raised this year by matching auction revenue dollar for dollar, up to $50,000. Anyone is allowed to bid on items. Proceeds support Young Numismatists scholarships and other seminar events. Auction items are still being accepted for the two-week event, which kicks off on June 16. For information about donating an auction item, call Amber Bradish at (719) 482-9865 or email abradish@money.org.

Andy Newman, who is the son of Eric Newman and president of the Eric P. Newman Numismatic Education Society, noted that his father was a huge supporter of young collectors. “Dad cared deeply about building knowledge and involvement in young numismatists. He loved giving numismatic badges to Boy Scouts and instructing at the ANA Summer Seminar,” he said. “He would be greatly honored by the association of his name with this fine program.”

“The support from EPNNES for the Summer Seminar honors Eric Newman as a distinguished and lifelong leader in the field of numismatics,” said ANA President Gary Adkins. “It also allows the ANA to continue to offer high-quality resources and programs to its members, as well as enhance and grow these offerings. We’re very thankful for this support.”

The  American Numismatic Association is a congressionally chartered, nonprofit educational organization dedicated to encouraging the study and collection of coins and related items. The ANA helps its 25,000 members and the public discover and explore the world of money through its vast array of instructional and outreach programs, as well as its museum, library, publications and conventions. For more information, call 719-632-2646 or visit www.money.org.

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Jul 15 2018

World Cup Gold Medal Pawned in Panama

The Newman Portal can be used to locate numismatic items of most any genre, and the news of the day, from Moscow, is the World Cup finals championship. A gold medal (from the NASCA July 1979 sale, lot 1350), weighing in at a hefty three ounces, was struck in commemoration of the Brazil World Cup victory in 1970. The catalog description tells the story:

“Presented on the occasion of becoming the first - and thus far only - nation to win the World Cup three times. As such, probably as important a sports medal as has yet been struck. Of additional interest, several countries have now struck commemorative coins with soccer themes. Although perhaps 20 such medals would have been issued, it is unlikely that most of the players and coaches will ever part with their medals (Brazilian soccer superstars are well-paid). We were told that the player who received this piece "blew a wad in Panama", and pawned it for bullion. We don’t expect additional examples to appear soon on the market. Indeed, the sale of this piece may strain Brazilian-Panamanian relationships!”

We suspect there is much more to the story here, perhaps a Brazilian soccer historian can fill us in. The Newman Portal acknowledges John Herzog and Robin Majlak of Herzog & Co. for their assistance with auction sale catalogs of NASCA and R. M. Smythe.

Link to NASCA July 1979 catalog on Newman Portal: https://nnp.wustl.edu/library/auctionlots?AucCoId=511370&AuctionId=521427.

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Jun 27 2018

Walter Breen Authentication Certificates on Newman Portal

Prior to the advent of the 3rd party “slab,” Walter Breen played a role in establishing authentication for various numismatic items. Breen’s expert opinions, which took the form of a “certificate of guarantee,” served to establish a basis for negotiation between buyer and seller. R. W. Julian has contributed electronic copies of a number of these, recently recovered from an Indiana estate. This group includes eight letters of authentication (dated 1975-1979) signed by Walter Breen on the Pine Tree Galleries letterhead. Coins authenticated are an 1851 double eagle, 1909-S Indian cent, 1787 NOVA EBORAC copper, 1787 Connecticut cent (M. 4-L), 1781 North American Token, Massachusetts $4 note (May 5, 1780), 1787 Immunis Columbia, and 1786 Vermont copper (BB-5). Breen signed many of these, likely in the hundreds, and they are collectible by variety. This group was written on the Pine Tree letterhead, but others are known on blank paper, usually signed with Breen’s signature purple pen. Other variants no doubt exist.

Link to Breen authentication certificates on Newman Portal: https://nnp.wustl.edu/library/book/547337
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