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The E-Sylum:  Volume 9, Number 7, February 12, 2006, Article 14

LEE HEWITT'S NUMISMATIC CREDIT BUREAU

Regarding the query in last week's issue, Dave Lange writes:
"My speculation is that Hewitt provided a list of collectors
and dealers who had defaulted on debts, failed to deliver
purchases, written bad checks, etc. With the Great Depression
at its very worst in 1933, there must have been quite a few
people in the hobby who found themselves in a bind financially.
Such lists had been provided by other dealers in the past, so
there was a precedent.

If nothing else, this was a good way for Hewitt to build a
mailing list of potentional subscribers to The Numismatic
Scrapbook Magazine, which launched just two years later."

  Wayne Homren, Editor

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