Harvey Stack writes:
I was at the ANA for only 3 days,
last Wednesday, Thursday, and Friday. I was indeed kept
busy greeting friends and working for my
consignors at the various sessions of our
Stacks Bowers Auction.
I wanted to attend the NBS meetings but one
conflicted with a presentation I made to induct
Abe Kosoff into the DEALERS HALL OF FAME.
That was a long luncheon meeting that conflicted
with NBS that day.
Since E-Sylum readers might like to see what I said,
I enclose a copy of my presentation remarks, as one
of the previous dealers who was inducted last year
to the Hall of Fame.
I am sure many of our members who could not be every
where all the time would like to know of A. Kosoff's
induction to the RARE COIN DEALERS HALL OF FAME.
Below is the text of Harvey's remarks on Abe Kosoff.
The Coin Dealer Hall of Fame is sponsored by PCGS. Thanks!
I have the distinct pleasure of announcing that
Abraham Kosoff, (aka A. Kosoff and Abe to
his friends) has be nominated to the Rare
Coin Dealers Hall of Fame.
Abe entered the numismatic profession in 1930
at the age of 17 years, (two years after I was born)
and began his venture through the hobby as the
depression of the 1930's took hold.
His earliest contacts sold him gold coins on which he could
sell to dealers and collectors for literally a few cents profit,
and he also dealt with buying and selling gold scrap and artifact
which fluctuated on a daily basis, and he was able to make
a living .
He was an active member of the Brooklyn Coin Club which had
in its membership some of the great dealers and collectors of the
1930's. These club members met once a month, had great
learned discussions, showed their latest as well as cherished
coins from their collections, and provided the unbelievable and
rare knowledge that the collectors and dealers had during this
period and shared it with the new members as well as others who
were at all their meetings. The same group met with others at the
growing New York Coin Club who met monthly and attracted
numismatists, not only from New York but from New Jersey, Long
Island, The Bronx and Westchester. as well as Connecticut.
The coins seen and knowledge acquired at these meetings was
endless, and the personal knowledge obtained was priceless.
Abe Kosoff developed in this wonderful environment, and by 1937
hung out his shingle "A. Kosoff, Professional Numismatist"
In the early 1940's he met F.C.C. Boyd and their friendship led to the
sale in the mid 1940's of the World's Greatest Collection,, which Abe
sold on behalf of Boyd. After the second world war he partnered with
Abner Kreisberg, and occasionally with Hans M.F. Schulman.
Is interests included a great interest in the growth of the Hobby and
to make the dealer receive more respect from the American Numismatic
Association. The professional collectors felt that the dealers were not
well informed and Abe with his writings and cataloging tried to prove that
the dealer was important part of the hobby.
In 1953 he and Sol Kaplan called a meeting of the major dealers who were
available in New York after a coin show, met on my Uncle Joe's lawn in
Queens, and set forth the formation of the what became in 1955 the
PNG (the Professional Numismatic Guild), and Abe was its first president.
He continued his efforts to elevate the status of the Professional dealer in the
eyes of the collector.
At the same time in 1952 he led a delegation of dealers and collectors to Cairo
to bid on the coins of King Farouk. Among those who went with him was
Sol Kaplan, Hans M.F. Schulman, John J. Pittman, Gaston DiBello to mention
some, together with bids in hand representing a number of well known collectors.
During the 1950's he conducted a number of important sales, and then in the 1970's
he worked with Ken Bressett on establishing a newer form of grading known as the
"Sheldon Numerical System" modeled after the one conceived by Dr. William
Sheldon for "Early U.S. Large Cents". At a meeting in Colorado Springs at ANA
Headquarters in 1973, a large group of professional dealers and collectors passed
a resolution to adopt Numerical Grading (with reservations)
Kosoff meanwhile acted as representative and dealer to many collector, and conducted
several sales during the 1950's to late 1970's.He during this period help re-write the
Judd Book on Patterns, which is still used till this very day. Early in life he developed
shocking white hair, and as he was always dealing an negotiating he acquired the
nick name "the Silver Fox", which he accepted, but since he always admired the way
B. Max Mehl developed his way in the business mostly before Abe obtained his status
he always hoped to acquire the name "Dean of Numismatic" as he was called by
many for his great knowledge, way of dealing and working towards elevation of the
Dealers in numismatics.
During his lifetime he continued to advocate the value of the Professional dealer, and
tried to promote the hobby by lecturing and writing about coins and his experiences
and therefore made a major contribution to the growth and prestige the Numismatic
Hobby and Profession enjoys today.
It is with great honor and pleasure I nominate Abe Kosoff to the Numismatic Dealers
Hall of Fame.
To read more about the PCGS Coin Dealer Hall of Fame, see:
THE BOOK BAZARRE
DAVID SKLOW - FINE NUMISMATIC BOOKS
offers Mail Bid Sale No. 17 on
October 6, 2012, including:
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Wayne Homren, Editor
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