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V29 2026 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 29, Number 1, 2026, Article 6

NOTES FROM E-SYLUM READERS: JANUARY 4, 2026

On Bent British Medieval Coins
Ron Bude writes:

"A question was raised in the 12/29 issue regarding the purpose of bent coins. Twice-bent hammered British coins are not infrequent, and are referred to as "love tokens". I am not supplying a reference, but one should be easy to find."

  byz10thcent25mmbent2
Bent Byzantine 10th Century Coin

To read the earlier E-Sylum article, see:
NOTES FROM E-SYLUM READERS: DECEMBER 28, 2025 : Covenant coins (https://www.coinbooks.org/v28/esylum_v28n52a10.html)

The Two-Week Chain Cent Production

  1793 Chain cent obverse 1793 Chain cent AMERI. reverse

Bill Eckberg writes:

It's always great to see special coins like the XF Chain Cent that Stacks Bowers is offering highlighted in E-Sylum. All of the coins ever produced by the United States Mint are linked (pun intended) back to the first Chain cents.

Greg Cohen's writeup got most of the information right, but there is one very long-standing error that needs to be eliminated from the story of these important coins. The design was NOT changed because of bad press. The notion makes a cute story, and it sounds like it could be correct, but it isn't. The Chain cents went out of production because the Mint didn't have any more dies for it and couldn't make any more.

We need to keep in mind that whatever the government does, one side or the other will find some reason to dislike it. Also, there is no evidence that the three men who mattered, President Washington, Secretary of State Jefferson or Mint Director Rittenhouse, were unhappy with the design. Finally, and most importantly, the criticisms in the press didn't appear until a week after the Chain cents had gone out of production.

Twenty-first century numismatists have seen the same coinage designs in production for most or all of our lives, so it is difficult to grasp that our first coin design was produced for only two weeks.

It's indeed difficult to grasp. While that coin's production stopped for the lack of dies, all coins back then were produced in numbers miniscule compared to today. I've been interested in history since a young age and still have a hard time comprehending just how small this country was in its early days. I remember reading a biography of Noah Webster, who had a hobby of walking every street and counting the number of houses in towns he visited during his travels. I was astounded that he could do this census single-handedly - for example, Baltimore had just 1,950 houses! For more on Noah Webster, see: https://www.historynet.com/websters-book-tour-the-making-of-the-first-american-dictionary/ -Editor

To read the earlier E-Sylum article, see:
1793 FLOWING HAIR CENT, AMERI. CHAIN REVERSE (https://www.coinbooks.org/v28/esylum_v28n52a21.html)

Numismatic Libraries, and Coin Press No. 1

  Numismatic books

The Finest Preserved Stamped NE Silver Coin
Tony Terranova writes:

"I thought collectors might enjoy seeing this. It's the finest preserved stamped NE silver coin. It was mistakenly called plugged by the grading companies. But blind forensic and metallurgical testing has proved otherwise. See JEAN 8:1 2025 pp.1-10."

  finest preserved stamped NE silver coin reverse finest preserved stamped NE silver coin obverse

Nice! Thank you. -Editor

Brian Reed writes:

"I just read this week's edition of the E-Sylum. I absolutely loved the article you posted a link to about the value of numismatic libraries, even in today's day and age of electronics and the Internet. One of my favorite parts was the quote from Q David Bowers about how there is something comfy and cozy about having unread books that are there waiting for you to have idle time. That's so true! That's one of the many reasons I love books. There's something very satisfying too about just looking at and admiring your books, and organizing them to your own preference.

1870–2025 Carson City Mint 155th 1oz silver obverse "Also, the article you posted about the GovMint working with the Nevada State Museum was interesting. I live in the Carson City area and my work is located very close to where the museum is, and I did not know about this. I do frequently go there when they mint silver medallions on Coin Press No.1 and I have a few of them in my collection."

Thanks! Glad you enjoyed it. It's always fun to put these issues together - such a wide range of topics in the numismatic realm! -Editor

To read the earlier E-Sylum articles, see:
THE IMPORTANCE OF A NUMISMATIC LIBRARY (https://www.coinbooks.org/v28/esylum_v28n52a05.html)
LOOSE CHANGE: DECEMBER 28, 2025 : GOVMINT Partners with Nevada State Museum (https://www.coinbooks.org/v28/esylum_v28n52a27.html)

Two Seated Liberty Designs
Wayne Pearson writes:

"Has anyone noticed the Christian Gobrecht Seated Liberty design on the quarter vs the William Barber version on the 20 cent piece? The face is a little different and the word 'LIBERTY' is different."

  1876 Liberty 1 1876 Liberty 2

I hadn't compared these side-by-side before. Interesting, though not surprising. -Editor

George Washington, Drummer Boy
Wayne Pearson also asks:

"Is this for real???"

  fake bicentennial quarter design

No, it's AI clickbait slop. But nicely done, I have to admit. It almost looks real. The misspelled legends on the surrounding "coins" are one clue, as is the supposed "$4 Million" value. I'd seen this in my feeds as well earlier this week. Impressive. -Editor

To read the complete article, see:
1976 Bicentennial Quarter Worth $4 Million: How to Identify It (https://jjtravelschennai.com/1976-bicentennial-quarter-worth-4-million-identify-13/)

Medieval Scottish Silver Hoard

Arthur Shippee passed along this video about a medieval Scottish silver coin hoard. Thanks. -Editor

 

I was out metal detecting and I found a medieval hoard of silver coins from the period of the Scottish wars of independence! This was a time when characters like William Wallace, Robert The Bruce and Edward Longshanks were battling it out for supremacy. After years of searching for even one hammered coin, it was so incredible to find a scattered hoard of medieval silver, a dream come true! Untouched for over 700 years! We would love to hear your theories about who might have buried the hoard and why!

To watch the complete video, see:
Medieval Scottish Silver Hoard FOUND! (https://www.youtube.com/watch?v=mHvHmKb7SOE)

Update on the Wisconsin $100 Trump Bill

A 75-year-old veteran, Fred Smith, is out of jail after spending Christmas behind bars, accused of using a novelty $100 bill at a Kwik Trip earlier.

The incident happened Tuesday at the Kwik Trip on Springdale Street, where Smith used a novelty bill featuring Donald Trump's face. Later that day, police arrested Smith at his home and booked him into the Dane County Jail on a felony forgery charge.

Mount Horeb Police say the arrest was valid and that a judge found probable cause. Kwik Trip is also requesting that criminal charges be pursued.

Family and friends say Smith spent three days in jail without bail and are raising concerns about his medical care. His family claims he was sick, confused, and denied his medication.

Justin Perrault writes:

"He is out on a $500 bond, and his next hearing is set for February 16th. All seems a little excessive for what appears to be an honest mix-up."

To read the complete articles, see:
Mount Horeb veteran released after spending christmas in jail over novelty $100 bill (https://www.wkow.com/news/mount-horeb-veteran-released-after-spending-christmas-in-jail-over-novelty-100-bill/article_b1a6b43e-f56c-4726-a4f5-3c340a6a6c31.html)
Dane County Case Number 2025CF002956 State of Wisconsin vs. Fred D Smith (https://wcca.wicourts.gov/caseDetail.html?caseNo=2025CF002956&countyNo=13&index=0&mode=details)

To read the earlier E-Sylum article, see:
LOOSE CHANGE: DECEMBER 28, 2025 : Wisconsin Man Spends $100 bill with Trump's Portrait (https://www.coinbooks.org/v28/esylum_v28n52a27.html)

Kind of a Smart People Hobby
Ken Spindler writes:

"Here's a shirt for you to wear to outside gatherings."

  Coin Collecting smart people hobby T-shirt

Love it! Thanks. So true, amiright? -Editor

To order one, see:
Coin Collecting Art For Men Women Coin Collectors Numismatic Gift Unisex T-Shirt (https://www.ebay.com/itm/145994659898)

Dannreuther E-Sylum ad 2026-01-04 Silver Pre-Pub



Wayne Homren, Editor

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The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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