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Auction Sale #42A WILLIAM M. ROSENBLUM, LLC/RARE COINS Presents Auction Sale #42A Closing Date and Time: February 6, 2012 9:00 PM Mountain Time Catalog Descriptions and Research by Bill Rosenblum Images and Layout by Rita Rosenblum Website development by Brian Rosenblum Help we couldn't do without by Alan Hurford, Chuck Mitton, Chuck Mattson, Ira Rezak, and Eva Rosenblum WILLIAM M. ROSENBLUM, LLC/RARE COINS P.O. BOX 785 LITTLETON CO 80160-0785 USA PHONE 720-981-0785 OR 303-910-8245 FAX 720-981-5345 [email protected] WWW.ROSENBLUMCOINS.COM AUCTION #42A Closing Date and Time: Monday January 23, 2012 9:00 PM Mountain Standard Time TERMS OF SALE 1. All bids are per lot as numbered in this catalog. 2. Payments are strictly cash (cash, check, money order, bank draft, bank wire or approved credit card) in U.S. dollars. See Term #10 for credit cards terms. All checks must be written in US dollars on a US Bank. We do not accept payment via Paypal. Bidders are responsible for any and all bank charges for bank wires etc. 3. Auction sales are not approval sales. The bidder must assume responsibility to pay for all lots bid on. Lots may be returned for reason of authenticity or improper description only within 3 days of receipt. Lots examined prior to the sale may not be returned for any reason except authenticity. Late payers forfeit any return privileges. 4. All materials are guaranteed genuine, unless noted otherwise. 5. Bid sheets must be signed. 6. We reserve the right to reject any bid. 7. Title does not pass until lots are paid for in full. 8. Postage, insurance & handling are extra. A minimum of $5 per shipment will be charged. 9. In some cases we may have duplicate lots of identical description and these may be substituted to under bidders. 10. Mastercard, Visa, Discover and American Express are accepted for payment. However an additional 3% is charged for use of said card in auctions and mailbid sales. Please note if you use a credit card and are a new customer, we must be able to con- firm your billing address. For those of you overseas this may be difficult so we ask that you include a numismatic reference. 11. Digital photos, scans, black & white or color copies are available for most single lots in the sale. Photos, scans and black and white print copies are $1 per item, while color copies are $2 per side. Payable in advance, please. In most cases digital images sent via email are free. Please do not wait until the last week to ask us for these. 12. All lots with 6 or more items are sold as is and are not returnable. 13. Invoices are due and payable upon receipt unless arrangements are made prior to the closing of the sale. Late payers forfeit any rights of return. All invoices over 30 days overdue are subject to an interest charge of 1 1/2% per month. 14. There is a $25 charge for bad checks. 15. In case of tie bids, the earliest bid received will win the lot. 16. Phone, fax, mail and email bids are accepted; phone bids should be confirmed in writ- ing. All email bids will be confirmed by a return email, otherwise no confirmation will be sent unless you ask us to. 17. Estimates are just that, estimates. Lots may and do, sell for above and below estimate. Please bid what the lot is worth to you. High bids will be reduced to 5 to 10% over the 2nd high bid when possible. 18. Bidders are responsible for errors in bidding, so please check your bid sheet careful- ly. 19. There are no buyer’s fees in our sales. 20. All overseas packages will be shipped via registered or express mail at buyer’s risk. Shipments of books will be very expensive to overseas addresses. 21. Bidders not known to us must provide us with satisfactory credit references or pay a 25% deposit. 22. Prices realized will be published after the sale and will be mailed to all consignors, subscribers and competitive bidders. Others may receive a copy for $5 or check our website. 23. Slabbed (Encapsulated) coins graded and certified by PCGS, NGC, ICG or ANACS may not be returned for grading reasons. 24. The minimum acceptable bid on any lot is at least 60% of the estimate. In some cases a reserve may be higher than that, but it will never be higher than the estimate. We have made every effort to make the estimates realistic and conservative. In addition, no bids on coins and medals of precious metal lots will be accepted that are below the melt value of the item. For our auction purposes we are defining precious met- als as being silver, gold, platinum or palladium. The price of gold as we write this is almost $1600 per troy ounce and silver is almost $30 per troy ounce. As you may be well aware, the markets are in a state of turmoil and these prices will probably be dif- ferent when you read this and different again when the sale closes. IN MEMORIAM CARL ROSENBLUM JULY 30, 1915 - DECEMBER 6, 2011 The publication of this catalog has been delayed approximately two months from our original target date due to family matters. Quite a number of you knew my Dad either personally or through his business W. P. Andrews Co. which started out as a chemical consulting company but later specialized in Israeli coins for the better part of 20 years. He was a fixture at coin shows in the New York and New Jersey area for much of the 1970s and 1980s and provided a friendly and non-threatening face in those hectic days. He was life member #6 of the American-Israel Numismatic Association and helped start and support many of the Israel Numismatic Society clubs in New Jersey and New York. His previous career was as a chemical engineer and during World War II his tal- ents were used to make bombs and ammunition for our troops. Many of his inventions were indeed inventions for which he applied for and received patents. Unfortunately his love and skill for chemistry and science did not extend to me and I am not able to explain them. I would not have spent the past 40 years in this business without the help, support, encour- agement, advice and love of my Dad. Besides the most obvious, that of being my father, Dad was responsible for me entering this profession. He helped a bit financial- ly but more importantly he opened some doors and guided my way when I needed some guidance even if I didn’t know I needed it. While we were never in business together we were very friendly semi-competitors who occasionally worked together on projects. When I was offered my first opportunity to make a purchase of a major rari- ty in the mid 1970s he was the one who told me to go for it even though I thought would somebody else be crazy enough to give me a profit on this. (Now I wish I had kept it because it’s probably worth 40 times or more of what I paid for it in 1974). Besides numismatics and chemistry and gadgets my Dad had a love for chess, family, friends and ice cream. Until a few years ago he and another elderly person volunteered to teach chess at a number of schools near where he lived in Connecticut. His bumper sticker read “Push Pawns, Not Drugs” and he continued to play chess until the last week of his life. The day before he died while he was in the hospital, he told me he was bored because there was nobody to play chess with. He loved to finish off every dinner with ice cream and if my Mom would let him breakfast and lunch as well. And he was always there for his family no matter what. Even in his last months he would ask if there was something he could do for me even though all I really wanted was for him to stop driving which is something he finally did, but not willingly, a few months before his passing. If viewing the catalog online is sufficient for you, please let us know so that we can cut down on the number of catalogs that we have printed and mailed out. If you are an active, competitive bidder and wish to continue to receive printed catalogs, we, of course, are more than happy to continue sending them to you. But please note we will be reducing our mailing list significantly before our next auction. BIDDING IN OUR AUCTIONS We will stop taking bids after 9:00 pm Mountain time on January 23rd, 2012 as soon as our phone and/or fax stops ringing for 10 minutes. Please do not wait until the last minute and get shut out. In every sale, a number of bidders can not get through on the last night. No matter when you call, you can not be guar- anteed to be the last bidder because the sale will extend for at least 10 minutes after your call.But once it is over we will not answer the phone. If time is running late and the phone is busy, I strongly suggest sending us an email or a fax with your bid or bids. We suggest you bid above estimate if you want an item as high bids will be reduced.
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