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Nov 04 2018

Mormon Currency, 1837-1937 and Updates & Short Stories Added to Newman Portal

Author Douglas Nyholm Nyholm has released two volumes related to Mormon numismatics for publication on Newman Portal. Mormon Currency, 1837-1937 (2nd edition, 2015) begins with the 1837 Joseph Smith-signed notes of the Kirtland (OH) Safety Society Bank. Interestingly, the Smith signature is desirable even though many examples are thought to have been signed by Smith’s “scribes” and not Smith personally. Notes are also signed by other Mormon church dignitaries. Mormon paper money follows the migration of the church from east to west, including bank notes of Monroe, MI and scrip from Nauvoo, IL. From here Nyholm moves to the more well-known gold coinage of the Gold Rush era. To complement the gold pieces, a host of scrip and small-denomination currency continued to be issued. This portion of the catalog is the most valuable contribution of the book, illustrating and detailing hundreds of emissions. The overall work is indispensable for collectors of Mormon numismatics, and will be the standard reference for some time. The NLG named this work the Best Book on U.S. Currency for 2010.

Doug Nyholm has also released a companion volume, Updates & Short Stroies About Mormon Currency (2018). This work contains a variety of supplementary material including historical essays, grading, trial strikes, and a review of the Eric P. Newman collection of Mormon scrip, several examples of which sold at the 5-figure level. The Bishop’s General Storehouse $10, pictured here, sold for an astounding $25,850 (Newman VII, 10/2015, lot 18616). Prior to the Newman sale, Nyholm speculated the Bob & Carol Campbell example was the only such piece held privately.

Link to Mormon Currency (2nd edition, 2015) on Newman Portal: https://nnp.wustl.edu/library/book/556921
Link to Updates & Short Stories About Mormon Currency (2018) on Newman Portal: https://nnp.wustl.edu/library/book/556922
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