Joel Orosz writes:
Vol 3, No 26, June 25, 2000, Most Important Events in U.S. Numismatics
The E-Sylum is invaluable as a forum for opinion pieces. Whether you agree or disagree with the sentiments expressed, you have to be glad that there is a forum to express them.
In response to last week's question, Brad Karoleff writes:
"My nominations for events that dramatically changed the face
of numismatics over the last 100 ( or so ) years would include
the following: ( in no particular order )
1. The publishing of The American Numismatist in 1888,
later to become The Numismatist. The house organ of the
American Numismatic Association, the bond that kept
collectors in touch with what was going on in numismatics
over the last century.
2. The formation of The American Numismatic Association in
3. The beginning of commemorative coinage in 1893 for the
4. The redesigning of our coinage with the influence of
5. The issuance of Pennyboards to get the average citizen
interested in collecting coins.
6. Publication of the first Redbook, eventually replacing
Raymond's Standard Price Guide as the leading pricing
reference for coins.
7. Silver being removed from our coinage after 1964.
8. The BU Roll investment craze coupled with the 1955
double die cents and the 1960 small date cents being
released. The average citizen could make serious
money looking through change.
9. The Silver Certificate run.
10. The writing of the ANA grading guide and the formation
of ANACS. Collectors now had somewhere to turn to
see if their coins were authentic. The precursor to slabbing
as photocertified coins were easily traded based on their
11. 1980 gold and silver rush. Many a fortune was made
and lost in the bullion and rare coin markets.
12. Slabbing by PCGS and later NGC became all the rage.
Coins were now the "same as a share of stock" and
tradable sight unseen.
13. COIN WORLD was started. The largest circulating
weekly in the hobby.
14. B. Max Mehl publishes the Star Rare Coin Encyclopedia
and sells it to the general public who hopes to find the rare
1913 Liberty Nickel and get rich.
15. Publication of Early American Cents by Sheldon. The
first modern variety identification guide written for the most
popular coin to collect by variety- the large cent.
16. The formation of EAC and the publication of Pennywise.
The first specialty club for collecting a specific type of coin
with a journal to exchange information with other club
members. The club and journal that formed the basis for
all the others who have come after.
17. The Carson City Dollar sale by the government in 1972.
Everyone loves a list. These are great for starting a conversation and compiling information from people across the hobby.
To read the complete original E-Sylum article, see:
MOST IMPORTANT EVENTS IN U.S. NUMISMATICS
Wayne Homren, Editor
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