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American Numismatic Society 2012 Issue 2

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American Numismatic Society 2012 Issue 2 ANS AMERICan NUMISMATIC ANS SOCIETY 2012 IssUE 2 A MERIC AMERICAN NUMISMATIC ASSOCIATION SM WORLD’S FAIR OF MONEY | AUGUST 7-11, 2012 an Featuring N UMI A Complete Set of 1871-CC Coinage from The Battle Born Collection S M A TIC S OCIETY 1871-CC Liberty Seated 1871-CC Liberty Seated 1871-CC Liberty Seated 1871-CC Liberty Seated Dime. MS-63 (PCGS). Quarter. MS-65 (PCGS). Half Dollar. MS-64 (PCGS). Silver Dollar. MS-61 (PCGS). From the Battle Born CAC. Secure Holder. From the Battle Born Secure Holder. Collection. From the Battle Born Collection. From the Battle Born Collection. Collection. 1871-CC Liberty Half Eagle. 1871-CC Liberty Eagle. MS-63 (NGC). MS-62+ (PCGS). CAC. 1871-CC Liberty Double Eagle. From the Battle Born From the Battle Born MS-64 (NGC). Collection. Collection. From the Battle Born Collection. 2012 1856 Flying Eagle Cent. 1918/7-S Standing Liberty Quarter. 1920-D Standing Liberty Quarter. Proof-65 (PCGS). CAC. MS-64+ FH (PCGS). Secure Holder. MS-68+ FH (PCGS). Secure Holder. Eagle Eye Photo Seal. From the Just Having Fun Collection. From the Just Having Fun Collection. From the Hoosier Flyer Collection. PCGS Pop: 1/0. PCGS Pop: 1/0. I Catalogs will be available in July – call today to request yours. ss UE 2 800.458.4646 West Coast Office 800.566.2580 East Coast Office 1063 McGaw Avenue Ste 100, Irvine, CA 92614 949.253.0916 • [email protected] www.stacksbowers.com SBG ANS 5.02.12 California • New York • New England • Hong Kong Gemini Numismatic Auctions X Sunday, January 13th, 2013 Selections from the Randy Haviland Collection Sextus Pompei Julius Ceasar Crawford 511/1 Crawford 452/1 Julius Ceasar Quinarius Julius Ceasar Julius Ceasar Crawford 475/2 Crawford 485/1 Crawford 481/1 Brutus/Eidmar Caius Antonius Mark Antony Crawford 508/3 Crawford 484/1 Crawford 539/1 Octavian Mark Antony Bahrfeldt 105/b Crawford 516/4 Harlan J. Berk LTD Harlan J. Berk B&H Kreindler 312-609-0018 Herb Kreindler [email protected] www.geminiauction.com 631-427-0732 U.S. COINS & CURRENCY Heritage Auctions’ Platinum Night • Central States Numismatic Society • April 2012 Famous 1792 Silver Center Cent, Judd-1 Realized: $1,150,000 1792 Pattern Cent, Judd-1, Pollock-1, MS61 Brown PCGS For Video Lot Description, visit HA.com/1169*5403 Free catalog and The Collector’s Handbook ($65 value) for new clients. Please submit auction invoices of $1000+ in this category, from any source. Include your contact information and mail to Heritage, fax 214-409-1425, email [email protected], or call 866-835-3243. For more details, go to HA.com/FCO. Annual Sales Exceed $800 Million | 700,000+ Online Bidder-Members 3500 MAPLE AVE • DALLAS, TEXAS 75219 • 800-872-6467 • HA.com DALLAS | NEW YORK | BEVERLY HILLS | SAN FRANCISCO | PARIS | GENEVA Steve Ivy Jim Halperin IL Auctioneer license: Mike Sadler 441001478; Samuel Foose 441001482; Scott Peterson 441001659; Greg Rohan 23147 Warren Tucker Heritage Numismatic Auctions, Inc. 444000370. This auction subject to a 15% buyer’s premium. Todd Imhof Michael Moline DEPARTMENTS FEATURES 28 Signs of Inflation 7 From the Executive Director Gilles Bransbourg Ute Wartenberg Kagan 42 From the Collections Manager Elena Stolyarik 8 48 Library News The Eye of the Needle: A Tale of on the cover: Cleopatra’s Needle in New York City’s Elizabeth Hahn Three Cities, Egyptian Antiquities, Central Park. Photo by Alan Roche. and the Early ANS 2 Current Cabinet Activites Oliver D. Hoover Robert Wilson Hoge 7 Book Reviews 64 News 68 Development Megan Fenselau 60 ANS in the Middle East: Sage Society Visits Israel and Jordan David Hendin 18 The Federal Government’s Quest for Distinctive Paper Barbara A. Bither Contents 4 Contents ANS MAGAZINE Volume 11, Issue 2 From the Executive Director 2012 Ute Wartenberg Kagan Editor The American Numismatic Society Magazine is published Dear Members and Friends, Peter van Alfen four times a year by the American Numismatic Society. Annual subscription rate is $72. Copies are mailed to all Last month, we opened a new exhibition, Signs of Infla- Managing Editor members of the ANS. Single copy is $18. Overseas airmail tion, at the Federal Reserve Bank, which addresses the Megan Fenselau is an additional cost. A membership in the ANS includes a question of inflation by looking at the physical evidence subscription to the magazine. To inquire about a subscription of coins and currency from ancient times to today. Advertising Editor please contact: ANS Magazine Subscription Dept. Gilles Bransbourg, our Adjunct Curator of Roman Joanne D. Isaac (212) 571-4470 ext 117, [email protected]. All rights Coins, specializes in the late Roman period, in which reserved. No part of this magazine or its cover may be repro- inflation is a central topic; during his years as bank Art Director duced without written consent of the copyright proprietor. officer in foreign exchange and fixed income, he got Lynn Cole Opinions expressed by contributors are not necessarily those first-hand experience how money today functions, and of the ANS. Printed in Mexico. in this show he addresses the concept of inflation. Al- Design Rocco Piscatello The American Numismatic Society, organized in 1858 though books and articles on this subject are plentiful, it presents a particular challenge to illustrate inflation Piscatello Design Centre and incorporated in 1865 in New York State, operates as a ANS Curatorial Associate Peter Donovan, Nobel Laureate Thomas research museum under Section 501(c)(3) of the Code and by showing primarily objects— currency, coins, ingots Sargent, Exhibition Curator Gilles Bransbourg, and ANS Chairman Photographer is recognized as a publicly supported organization under and other unexpected objects. The exhibition opened Kenneth L. Edlow at the Signs of Inflation exhibit opening Alan Roche section 170(b)(1)(A)(vi) as confirmed on November 1, 1970. on March 29th, and guests from the ANS and the Fed The original objectives of the ANS, “the collection and enjoyed a wonderful evening. For those of you who will Contributing Staff preservation of coins and medals, the investigation of not be able to visit New York, Gilles has written an of Heritage for his generous offer to help the ANS in Gilles Bransbourg matters connected therewith, and the popularization of article in this issue of ANS Magazine, which highlights this unusual manner. Although the ANS continues to Barry Bridgewater the science of Numismatics,” have evolved into the mission all the main topics covered in the exhibition. The exhi- flourish, we will need more help in the curatorial de- Allison Caplan approved by the Society’s governing Council in 1993. bition will be on view until late September 2012. partments. As our collections continue to grow through Anna Chang purchases and gifts at a rapid rate, our curatorial staff is Peter Donovan ISSN 2167-2547 Our main feature, written by Oliver Hoover, tells the very small, arguably smaller than at any time during the Megan Fenselau wonderfully strange story about the battle for Egyptian last 50 years. I hope that this will eventually change, and Ethan Gruber obelisks, an archaeological item it seems every capital of I encourage our members to donate towards our curato- Elizabeth Hahn the Victorian era aspired to own. In New York, the obe- rial departments. Sebastian Heath lisk was placed in Central Park, today right behind the David Hendin American Numismatic Society Metropolitan Museum of Art, and its unveiling in 1881 In closing, I would like to end with some news about David Hill 75 Varick Street Floor 11 was a major event for a young city, which was able to one of our most esteemed Fellows. Beth Deisher, who Robert Hoge New York, NY 10013 demonstrate to everyone that it was competing with Eu- has been the editor of Coin World for 27 years, retired Oliver D. Hoover ropean capitals such as Paris or London. The ANS, then April 30th. Beth, who has been a good friend of mine Joanne D. Isaac Telephone a very young organization, issued a beautiful medal; at and a steadfast supporter of the ANS, has a number of Ute Wartenberg Kagan 212 571 4470 least one specimen was issued in solid gold, and we were exciting projects planned, and I am sure that ANS and Sylvia Karges able to add this medal recently to our collection; my her many friends will be able to count on her advice in Andrew Meadows Telefax Rachel Mullervy 212 571 4479 special thanks to our Fellow Anthony Terranova for all the future. I wish her and her husband Art that all their Elena Stolyarik his help with this purchase. plans and ideas will come true! Peter van Alfen Internet Rick Witschonke www.numismatics.org As we acquire more US and foreign medals, our needs for qualified experts in cataloguing those medals be- comes even greater. It is therefore with great pleasure that I can announce that David Alexander has joined the staff as Heritage Auctions Research Fellow. He Ute Wartenberg Kagan will spend about one day each week at the ANS, while Executive Director otherwise working at the New York and Dallas offices of Heritage Auctions. I am most grateful to Greg Rohan Indicia 7 From the Executive Director Facing page: Fig. 1: “Obelisk at Alexandria commonly called Cleopatra’s Needle.” Lithograph (1846-1849) by Louis Haghe after David Roberts. Library of Congress LC-USZC4-3956. T Fhe EYE O THE NeeDLE: A Tale of Three Cities, Egyptian Antiquities, and the Early ANS Oliver D. Hoover In 30 BC, as the Roman forces of the victorious Octavian and re-erect them to their own glory and that of the city.
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