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The Celarok Vol $3.50 U.S. {3 U.r<. The CelaroK vol. lq No. 6 JUNE, 1996 p U t- ? N N q \)!-i ? q L qt ,,, \ \l s A' s |rls . TEIEPH2S: THE MYTH, THE COINS, THE EXHIBIflON . AN UNPUBIISHED DRACHI! OF IYSIILACHUS . SYRIAN AND PHOEMCIAN TETRADRACHMS . TOURETTE',S AND THE JUIrO-CLAUDTANS Send todayforafree copy of our current Buy or Bid sale TOM CEDERLIND P.o. Box 1963, Dept. C, Portland, OR 97207 Phone: (503) 228-2746 Fax: (503) 228-8130 INSIDE THE CELATOR. .. Vo l. 10, No.6 June 1996 6 Coins and sculpture The CelaToJ{ tell the story of Telephos Incorporating by Ben L. Damsky ROlllal! Coins and Culture PublisherlEditor 14 An unpublished Steven A. Sayles drachm of Lysimachus Office Manager Page 6 by Nicholas A. Sicure/{a Stephanie Schultz The story of Telephos O ffice Assis!<Int by Ben L Damsky 32 Part 2: Syrian and Phoenician Tammy Dolphin telradrachms, A.D. 202·254 Act by Robert I. Gait, Malcolm E. Back, I'arnell Nelson and Brian E. Joyce The Celator 40 Tourette's and the (ISSN #10480986) is an independent journal Julio-Claudian emperors published on Ihe first by George M. Burden, M.D. day of each month at 141 A LOOi Street, Lodi, WI 53555_ It is 44 The gold florin: Renaissance symbol circulated internationally by Don McKenzie through subscriptions Page 14 and special distributions. Unpublished drachm Subscription rates, of Lysimachus payable in U.S. funds, by Nicholas A. Sicurella are $27 per year (second class) wi thin the United States; $30 to Canada; 2 The Celator's Point of View $48 per year to all other 4 Letters to the Editor - Quotes from the Past addresses (Air Printed Matter). Advertising 18 Just for Beginners by Wayne G. Sayles and copy deadline is the fi rst of each mon th , 22 Through the Looking Glass by David L. Vagi Unsolicited articles and news releases are Coins of the Bible by David Hendin 24 welcome, however 28 People in the News - Profiles in Nu mismatics publication cannot be guaranteed. Second 29 Art and the Market class postage paid (USPS #006077) Page 32 30 Coming Events at Lodi, WI 53555. Syrian and 39 Antiquities by David Liebert Copyright ©1996, Phoenician lelradrachms Gelator, Inc. by Robert I. Gail, at. al. 47 Book News Postmaster: send address 48 Long Before Columbus by Joe Rose changes to P.O. Box 123, About the cover: Ladi, WI 53555 Marble panel from the Telephos frieze 50 Coin File - Trivia - Humor showing him receiving arms from 608-592-4684 51 Profe ssional Directory Auge. Currently on exhibit in San (same for FAX, after hours Francisco. Photo courtesy the Fine 58 Index of Advertisers activate with asterisk. Arts Museums of San Francisco and on touch tone phone) the Staatliche Musseen zu Berlin . 60 Classifieds E-mail: [email protected] Deadline for the July issue is Saturday, June 1 these are rather moot points. This par­ ticular series is more expensive be­ cause it represents the most popular­ ized historical fi gures of the entire 1,000 year history of ancien t Rome. • • Indeed. some collectors arc moti­ vated primarily by historical associa­ Commentary by Steven A. Sayles tion . What kind of emotions arc evoked by the simple act of owning and holdi ng in your hand a coin that circulated in the time of Julius Caesar J n the wake of the recent auc­ do you have? Perhaps you have cop­ or Alexander the Great? The answers ~ tions by Sotheby's of items ies of the Hu nt sale catalogues. or arc almost as varied as the number of Jj fro m the Jacq uel ine Kennedy Garrett, Bement. Lockett, Pozzi, etc. collectors, but the association with a Onassis estate, many people In fac t, most auction catalogues in­ well known historical figure is the have ex pressed thei r opinions and cl ude provenances fro m importan t col­ common denominator for many a col­ thoughts about the sale in the news lections or sa les in their descriptions. lec tion of ancient coins. media. This month 's issue of The Some collectors derive a great deal When considering the amazing Celaror is no exceptio n. of enjoyment in researching a coin's prices rea lized in the Sotheby's sale, Num erous individuals. including history (see Dav id Vagi's "Through the the issue rea ll y boil s down to supply Dr. Saslow in his paid advertisement Looking Glass" column, November an d demand. Using the Twe lve [" Ye Olde Backe Paige"J. have ex­ 1995, p. 25). Others place even more Caesars example above, these coins pressed amazement at the extraordi­ importance on the issue of provenance. are genera lly morc expensive because nary prices realized, in add ition to be­ Cons id er the coll ection o f J ulio­ there arc a large num ber of collectors wilderment at the causes for thi s "phe­ Claudian coins assembled by Bob who are historically motivated. There nomenon ". While the prices realized Levy. Alt hough th is collection con­ a rc probably more collec tors of arc truly amazing, the motivations of tained coins of except ional condition Twelve Caesars coins than any other area of the Roman series. The only rea! diffcrence between " ... the motivations of the participants are fairly obvious ... " the Twelve Caesars example and the Sotheby's salc is the scope of the de­ mand. Ancient coin collecting is, rela­ the participants are fai rl y obvious, and and/or rarity. provenance played a key tively speak in g, a rather small field. indeed. do have parallel s in the ancient role in the acquisition process, as any­ On the other hand, the fascination wi th numismatic marketplace. one who has seen the catalogue of the modern celebrities (be they historical As Dr. Saslow points out , the prices Levy collection can attest. fi gures. entertainers, or sports fi gures) ach ieved in the Sotheby's sale had Beyond the issue of provenance is has an enormous aud ience. little to do with the act ual value of the the related issue of historical associa­ When a high-powered collection of items offered. The prima ry bas is for tion. Generally speak ing, collectors ancients comes on the market- be it the success of the sale, in terms of the of ancient Greek coins choose this se­ high qual ity coins, great rarities, or prices real ized, lies in the fact tha t ries for its artis tic merit. while collec­ impressive provenances-the prices these items were owned by important tors of Roman coi ns afe intrigued by rea lized ure usu ally indicative of the hi storical figures or celebrities. the association with fam ous historical material offered. The Sotheby's sale The same can be said for virtually figures or events. differed in the levcl of demand. In an any type of collectible, be it ancient Due to the fact that the fascin ation auction room filled with a large num ­ coin s, antiques, or whatever. Items with the Kennedy fami ly is a modern ber o f interestcd parties. many with that were owned by prominent histori­ phenomenon. finding a distinction be­ very substantial resources, and all ea­ cal figures, celebrities, or collectors tween historical association and prov­ ger to make some type of purchase, it often bring premium s above ide ntical enance is difficult when considering is litt le wonder that the prices renected items lac king a provcnance. the Onassis sale. but the distinction is events. If the collecting base and de­ Auctioneers. realiz ing that prov­ va lid, and can be seen by taking a mand for ancient coins were at simi­ enance is an important- and lucra­ closer look at the ancient coin market. lar levels, it would not be unrealistic tive-aspect of selling any col lectible, For example. consider the series of to expect similar results. are quick to take ad vantage of th is coins issued by the "Twelve Caesars". Speaki ng of auctions, a nu mber of collec tor mental ity (and rightf ull y so). Coins of this series. as a group, te nd sales arc bcing held this month, each For those of you who have librar­ to be more expensive. When consid­ wi th something of merit. As you pe­ ies whic h include auction catal ogues, ering individual coins, the issues of ruse the latest offerings, and ponder take a moment and look through them. quality and ra rity come into play, but the recent events at Sotheby's, why not How ma ny "named" sale cata logues when examining the series as a whole. share your point of view'! 2 The Celator THE REWARDS OF COLLECTING ARE FOUND AT SPINK Spink America IS now accepting consignments for its upcoming auction of fine ancient coins in New York City in December, 1996. We also invite enquiries about the fine inventories of Greek and Roman coins held at the New York gallery of Spink America, and at the London headquarters ofSpmk & Son, Ltd. Do not hesitate to put our considerable expertise at your disposal w hether you are buying or selling. For more information about Spink America and its services call James Lamb at 212 546 1056. SPINK A M E R c A A MEMBER OFTHE CHRISTIE'S GROUP 55 EAST 59TH STREET, 4TH FLOO R NEWYORK, NEWYORK 10022 TEL: 212 54!> 10% FAX, 212 750 5874 June 1996 3 war concluded successfully in October the matches pertain only to the crown 97 would have had to begin sometime of Ihorn s.
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