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The E-Sylum: Volume 22, Number 3, January 20, 2019, Article 31

LOOSE CHANGE: JANUARY 20, 2019

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

Erroneous Reporting on the 1943 Error Cent

I'm not the most accomplished numismatist in the world, but I do know the difference between a 1943 cent and a 1943-D. Several news reports had hyped the Lutes 1943 bronze cent as expected to bring up to $1.7 million at auction. Not! This Heritage press release published by CDN explains how a news service's mistake cascaded out of control. -Editor

Lutes 1943 bronze cent obverse South West News Service (SWNS), a global wire service, issued an article to its subscribers stating that the coin was expected to sell for the inaccurate estimate of $1.7 million. The correct estimate from Heritage was $170,000 to $200,000. The error was simply a made-up number by a staffer at SWNS based on an internet search result of a much rarer but similar coin.

SWNS admitted its error via email to Heritage Auctions on Jan. 8, 2019, shortly after erroneous stories appeared in prominent media outlets just two days before the coin was set to sell at auction. However, the mistake was not corrected before media outlets published articles around the world.

To read the complete article, see:

Media Error Draws Misleading Reports on Sale of 1943 Bronze Lincoln Cent (http://blog.greysheet.com/media-error-draws-misleading-reports-on-sale-of-1943-bronze-lincoln-cent/)

To read the earlier E-Sylum article, see:

MEDIA COVERAGE OF LUTES 1943 COPPER CENT (https://www.coinbooks.org/v22/esylum_v22n02a28.html)

French Jewelry Merges With Coins

Richard Giedroyc published a nice article in World Coin News about a new line of jewelry-coins produced by the Monnaie de Paris. See the complete article online. -Editor

Paris Mint Jewelry Coins Designing coins is a craft. So is designing jewelry. While it has been argued in the past that the line separating some medallic art from sculpture may be nebulous, the line between what constitutes a coin and what should be called jewelry has not been addressed. The jewelry manufacturer Boucheron and Monnaie de Paris, the French Mint, plan to address this latter issue through an unusual partnership between the two organizations.

The mint invited some of France’s best craftsmen to design limited edition coins marketed to collectors in 2010 through its “Excellence a la Francaise” program. Baccarat, Cartier, Manufacture Nationale de Sèvres, and Van Cleef & Arpels collaborated with the mint through this program.

To read the complete article, see:

French jewelry merges with coins (https://www.numismaticnews.net/article/french-jewelry-merges-with-coins)

A Neat Medal

There was an interesting discussion on CoinTalk this week about "a neat medal". -Editor

Libertas Americana medal electrotype

"Worth anything? Or should I hole it and wear it to coin shows?"

Yeah, E-Sylum readers know what it is. Or do they? -Editor

To read the complete article, see:

A Neat Medal (https://www.cointalk.com/threads/a-neat-medal.330956/)

Lydian Font

For the bibliophiles among us, here's an interesting article about the distinctive Lydian font. -Editor

Mystery at Lilac Inn cover Lydian is a “humanist” sans-serif typeface. That means it gives the impression of being written by a human hand, but it doesn’t have any of the characteristic flourishing strokes more commonly associated with calligraphy or popular serif fonts (the best known being Times New Roman). It has crisp, knife-cut-looking edges...

Lydian was created by designer and children’s book illustrator Warren Chappell in 1938, and named for his wife Lydia. It was used on the cover of James Joyce’s Finnegans Wake in 1939, and then on the classic children’s novel Homer Price in 1943, but didn’t really find its groove until after World War II.

To read the complete article, see:

This font you know from old pulp novels is all over new books (https://www.vox.com/the-goods/2019/1/17/18185389/lydian-font-book-design-nancy-drew-against-everything)

Drug Smugglers Use Torn Banknote

Here's an article on how drug smugglers used a torn banknote for identification purposes. -Editor

In the dead of night on December 21, 2017, a boat with three Australian men on board pulled up alongside an Asian boat 300 nautical miles off the coast of Geraldton, Western Australia.

“Money, money”, a man aboard the Asian boat shouted.

An Australian man responded by pulling out half a Hong Kong bank note.

The Asian man then revealed the other half of the torn note, their edges matching perfectly. Its reunion signalled the go-ahead for one of Australia’s largest drug deals.

To read the complete article, see:

The two halves of a torn bank note that sealed the biggest drug bust in Australian history (https://www.watoday.com.au/national/western-australia/the-two-halves-of-a-torn-bank-note-that-sealed-the-biggest-drug-bust-in-wa-history-20190117-p50s1q.html)



Wayne Homren, Editor

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