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The E-Sylum:  Volume 10, Number 48, November 25, 2007, Article 11

MORE ON THE SIMPSON PATTERN COLLECTION

Regarding last week's Associated Press story about the $30+
million sale of pattern coins, Saul Teichman writes: "The
seller, although well known in numismatics circles, wishes
to remain anonymous.  I was a consultant to and occasional
bidder for the seller as he purchased pieces for the collection.
Believe me, it was a pleasure to have had any involvement in
the building of this collection and the seller is one of the
true gentlemen in our business."

To read the NCG press release about the pattern collection, see:
NCG press release
Donn Pearlman writes: "Naturally, a story written for the
general news media and non-collectors would not contain the
kind of specific details a hobby audience would seek.
Attached is a copy of the "hobby/trade news media" press
release issued on behalf of Legend Numismatics, the broker
of the historic transaction, that does contain additional
details about some of the 1,000 coins that changed hands."

[Some of the press release highlights are excerpted below.
-Editor]

"No specific venues or dates have been selected yet, but
Simpson and Legend Numismatics plan to publicly exhibit some
of the pattern pieces at various coin shows around the country.

"Simpson now has the only complete collection of Amazonian
pattern coins in all metals: gold, copper, aluminum and gilt.
The impressive pedigree of the six gold coins includes former
U.S. Treasury Secretary William Woodin; news media executive
F.C.C. Boyd; Egyptian King Farouk; numismatic researcher and
patterns reference book author Dr. J. Hewitt Judd; noted
patterns collector Dr. John E. Wilkison; and industrialist
Ed Trompeter.  The denominations of the unique gold coins are
$1; $2.50 (Quarter Eagle); $3; $5 (Half Eagle); $10 (Eagle);
and $20 (Double Eagle).

"Previous records for the most valuable private transactions
involving coin collections or coin sets include the 1998
purchase of the Trompeter gold coin collection by Heritage
Rare Coin Galleries for $15,177,500, and the 2005 purchase
of the King of Siam proof set for $8.5 million by Rare Coin
Wholesalers.

"The inventory of the purchase is over 70 pages long. Combined
with Mr. Simpson’s own pattern collection, he now has several
hundred duplicates.  ...  The pattern collection assembled by
Mr. Simpson ranks among one of the most significant in American
numismatics today.  Put into context, the scope of this recent
transaction rivals William Woodin’s legendary acquisition of
pattern coins directly from the Mint Cabinet in exchange for
the two gold Half Unions."

[And no, the purchaser is not O.J. Simpson. -Editor]

 LEGEND NUMISMATICS SELLS U.S. PATTERN COLLECTION
 esylum_v10n47a18.html

  Wayne Homren, Editor

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