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V21 2018 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 21, Number 18, May 6, 2018, Article 36

IN OTHER NEWS: MAY 6, 2018

Here are some additional items I came across in the media this week that may be of interest. -Editor

More on John Pett

Ancient coin specialist John Pett served at Spink for an incredible 43 years. He passed away last month. Here's a new article about him by Ursula Kampmann at CoinsWeekly, published March 3, 2018. -Editor

To read the complete article, see:
John Pett (1951-2018) (http://www.coinsweekly.com/en/News/John-Pett-1951-2018/4?&id=5334)

To read the earlier E-Sylum article, see:
JOHN PETT (1951-2018) (http://www.coinbooks.org/v21/esylum_v21n17a11.html)

Sage Collection of Antique Toy Banks

Antique toy banks are delightful. Here's a great collection of them coming up to auction. -Editor
Girl Skipping rope bank with original box

Over the weekend of June 2-3, 2018, RSL Auction Company will offer the collections of two legendary pioneers of the antique toy and bank hobby: Tom Sage Sr., and Dr. Gregory Zemenick – widely known in the trade as "Dr. Z."

The Saturday session will begin at 10 a.m. with 175 cast-iron mechanical banks from the Sage collection. Then, following a short intermission, the spotlight will shine on Dr. Z's 300-lot assemblage of mechanical, clockwork and early American tin toys; plus antique tobacciana and cast-iron novelties.

Sage's Mikado bank, estimated at $120,000-$160,000, was acquired in the early 1990s at the storied John D. Meyers sale. "Mr. and Mrs. Meyers were old-time, first-generation bank collectors from Chicago. Their Mikado – which would become another of Tom's prized possessions – is one of fewer than ten known to exist," Haradin said.

Other great rarities in the Sage collection include a circa-1907 J. & E. Stevens Clown, Harlequin & Columbine bank in all original condition, estimate $90,000-$120,000; five color variations of the Mammy bank in pristine-plus condition; a superb Squirrel on Stump mechanical, a near-mint Two Frogs bank, and a pristine-plus Confederate-version Artillery Bank.

To read the complete article, see:
RSL to auction fabled antique banks and toys of Tom Sage Sr. and Dr. Z, June 2-3 in New Jersey (http://artdaily.com/news/104373/RSL-to-auction-fabled-antique-banks-and-toys-of-Tom-Sage-Sr--and-Dr--Z--June-2-3-in-New-Jersey#.Wuz-uogvyAs)

Finders Keepers, Unless It's Your Job

Dick Hanscom forwarded this BBC News article about a South Korean airport janitor's find of seven gold bars worth about $330,000. -Editor

The bars, each weighing 1kg (2.2 lbs), were wrapped in newspapers, and police suspect that their original owner threw them away in a hurry because he risked being caught.

Currently, there is no proof that the gold is connected to criminal activity. It was originally thought that the cleaner, who has not been named by the media, would be able to make a substantial claim on the goods.

However, the airport has said that the cleaner won't be able to receive any reward because they were "working as airport staff and it is a part of the cleaner's job to find lost things".

To read the complete article, see:
S Korean cleaner may lose out after finding gold in bin (http://www.bbc.com/news/blogs-news-from-elsewhere-43972394)

Son Finds Father's Buried Coins

Here's a lost and found tale with a happier ending. From Coin World. -Editor

An eight-coin 1876 Proof set containing silver and minor coinage, buried by its owner in the backyard of his Chicago home more than two decades ago, was brought for authentication and grading April 27 to the Central States Numismatic Society convention in Schaumburg, Illinois, by the late owner's son.

The unusual story has a tragic element. The late collector, who died in 1994 at age 84, suffered with Alzheimer's disease the last five years of his life, according to his son. The son said there's a possibility that his father may have buried his entire extensive collection of United States coins. The coins, which have been off the market for more than 50 years, were primarily silver and gold issues.

To read the complete article, see:
Family finds holdered 1876 Proof set buried in yard (https://www.coinworld.com/news/us-coins/2018/05/family-finds-1876-proof-set-buried-in-yard.all.html)

Mark Feld's Coin Collecting Tips

Here's some good advice for collectors new and old. It was posted over on the CoinTalk forum on April 19, 2018. See all 20 tips online; here are a few I found particularly useful. -Editor

• Buy/collect what YOU like. But keep in mind that when it comes time to sell, not everyone else will necessarily like what you did/do.

• Don't keep buying coins without ever selling any of them – learn what it's like to try to sell, too. Once in a while you should offer one or two of your coins back to the dealers you acquired them from. See how they deal with that type of situation and whether they want to re-acquire those "gems" they sold to you.

• Don't be afraid or embarrassed to ask lots of questions. You and just about everyone else can learn a great deal that way.

To read the complete article, see:
Mark Feld's coin collecting tips. (https://www.cointalk.com/threads/mark-felds-coin-collecting-tips.314990/)



Wayne Homren, Editor

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