CoinTalk

Welcome to Coin Talk! Register Now, it's easy and FREE!

Thousands of coin collectors, numismatists, coin dealers, bullion investors, and enthusiasts make Coin Talk their number one source for numismatic news, information about US and world coins, discussions and community.

You are currently viewing Coin Talk as a guest, which limits your access to content, contests and information. By joining our free community, you will be able to join in discussions, contact other members, place free advertisements, enter contests, and much more. Registration is easy and free. Register Now


Go Back   CoinTalk > Coin Forums > Coin Chat

Notices

Coin Chat Please use this section for discussion of numismatic topics that don't fit in other sections.

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
Old 06-06-2007, 04:09 PM   #1 (permalink)
The Other Frank
 
Treashunt's Avatar
 
Join Date: Oct 2006
Location: New York
Posts: 16,668
Another Theft

Coins gone from state museum
Officials want to know what happened to the rare 'trial strikes' from 1867.

Des Moines Register
By TOM ALEX
REGISTER STAFF WRITER

June 1, 2007


Twenty-seven rare 1867 coins worth more than $150,000 are missing from their designated storage spot at the Iowa State Historical Building.

Retiree V.E. "Felix" Augspurger of Des Moines has been asking about them in recent years and says he finally was told that their whereabouts are unknown.

Nearly 40 years ago, Augspurger was a state employee who helped arrange a display for the coins at the state's former historical building. For the past few years, he has been trying to find out what happened to them.

"At this point, we know the coins are not in their appropriate place," said Jeff Morgan, a spokesman for the museum. It's unclear whether they were misplaced or stolen.

Jim Saunders, spokesman for the Iowa Department of Public Safety, said he could find no report indicating the coins had been stolen, but when he checked with the staff of the State Historical Building this week, he learned that the coins were missing.

"The Iowa Division of Criminal Investigation is interested in pursuing that information," he said. "If anyone knows anything about the coins, we'd like to have them call the DCI." The phone number is 725-6010.

The coins are copper trial strikes made from dies used some 140 years ago by the U.S. Mint. Trial strikes were often made in lighter metals as presentation pieces; the process let the U.S. Mint show what the coins for the next year were going to look like. The collection included two examples of each coin so both sides could be displayed at one time.

It's not the first time something has gone missing at the State Historical Building. In 1997, staff members reported Civil War-era firearms were missing. Some eventually were found in a storage area, but others still are missing, Saunders said. In the past three years, some documents went missing from the building. They later were located, and an arrest was made.

Morgan said security officers no longer patrol the building day and night as they did before budget cuts of the early '90s.

"We are eager to work with the (DCI) to develop leads," he said, referring to the missing coins.

Four of the original 34 copper trial strike coins are still in the museum's permanent collection of 110,000 artifacts.

Here's what museum officials know:

The coin collection was checked after the guns went missing in 1997.

In 1998, it was noted that the coins were not in the spot listed for them.

Nine years later, an investigation is being launched.

The coins apparently came to Iowa through John Kasson, a U.S. representative from Iowa who was chairman of the Committee on Coinage, Weights and Measures. He also was first assistant postmaster general in President Abraham Lincoln's administration in 1861.

It's not known whether the coins were on display in Iowa in the late 1800s, but when they were rediscovered in 1961, they looked awful.

Former State Curator Jack Musgrove found the coins in a cardboard box and gave them to Augspurger, who remembers taking them home and cleaning them in his kitchen. Augspurger said he knew that cleaning coins is not recommended, but he said that at the time he had no choice. The coins were badly tarnished and were covered with some kind of dark material.

John Holden of Garwin made a special display case for the coins in the shape of the state of Iowa. The collection included pennies, 2-cent pieces, 3-cent pieces, half dimes, dimes, quarters, half dollars, and "gold coins" (made of copper) in all denominations. The $20 trial strike pieces are worth about $11,000 each today, according to Steve Contursi, president of Rare Coin Wholesalers of Dana Point, Calif. He estimated the value of a complete collection of cleaned trial strikes from 1867 at $176,000.

__________________
The Other Frank
"Buy The Book Before The Coin!"
http://www.whitmanbooks.com/Default....wUpcoming_1208
Treashunt is offline   Reply With Quote

Old 06-06-2007, 10:31 PM   #2 (permalink)
Member
 
Join Date: May 2007
Posts: 34
Holy smokes.....Stories like this never cease to amaze me. Coins discovered missing, nine years later the investigation begins.
When I pull my stuff out of the dryer and find a sock missing, it's found in about 2 minutes. That's a sock, not a 150 K in patterns.

Paul
thebeav is offline   Reply With Quote
Old 06-07-2007, 01:05 AM   #3 (permalink)
You get what you pay for.
 
bqcoins's Avatar
 
Join Date: Feb 2006
Location: Nebraska/Iowa
Posts: 4,764
My Mood:
It makes one sad
__________________
BQ
Sometime Numismatic Consultant
See my Bust Halves here: http://s240.photobucket.com/albums/f...albumview=grid
See my Holey coins here:http://s240.photobucket.com/albums/f...albumview=grid
bqcoins is offline   Reply With Quote
Old 06-07-2007, 07:42 AM   #4 (permalink)
The Other Frank
 
Treashunt's Avatar
 
Join Date: Oct 2006
Location: New York
Posts: 16,668
Quote:
Originally Posted by thebeav
Holy smokes.....Stories like this never cease to amaze me. Coins discovered missing, nine years later the investigation begins.
When I pull my stuff out of the dryer and find a sock missing, it's found in about 2 minutes. That's a sock, not a 150 K in patterns.

Paul

Yeah, at least your sock has some meaning.
I just think of all of those people who donate stuff to museums, and it just lays in a drawer somewhere, and no one ever gets to see the stuff-- kind of like the Smithsonian's coin collection. What do they have 100,000 + coins and they display 100 pieces? (If that many).
__________________
The Other Frank
"Buy The Book Before The Coin!"
http://www.whitmanbooks.com/Default....wUpcoming_1208
Treashunt is offline   Reply With Quote
Old 06-07-2007, 08:55 AM   #5 (permalink)
Senior Member
 
knowtracks's Avatar
 
Join Date: Jan 2005
Location: S.W. MONTANA
Posts: 382
It seems like they don't keep very good track of their belongings at the Iowa museum. Coins, guns & paperwork all stolen? And to have an employee take the coins home & clean them in his kitchen?
How professional is that!!

Dave
__________________
The Congress of the United States says "it's a penny" and so does the A.N.A.
So it's a "Penny"
knowtracks is offline   Reply With Quote
Old 06-07-2007, 09:29 AM   #6 (permalink)
Numismatist
 
Join Date: Mar 2007
Posts: 2,017
Quote:
Originally Posted by knowtracks
It seems like they don't keep very good track of their belongings at the Iowa museum. Coins, guns & paperwork all stolen? And to have an employee take the coins home & clean them in his kitchen?
How professional is that!!

Dave
Back in the 60's, people still had pride in their jobs and probably showed a lot more integrity. Now they try to supplement their income with whatever they find unguarded.
gatzdon is offline   Reply With Quote
Reply

Bookmarks
Would you like to support CoinTalk?

Coin Talk Code of Honor
1. Post unto others as you would have them post unto you.
2. Keep it clean, like a 1950s family television show.
3. If you don't like the coin, don't trash the person.

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


» Newsletter
Sign up for CoinTalk's Newsletter
enter your email address below.
» Unanswered Posts
Do You Have the Answer?
» Sponsors

» Today's Top Posters
Top Posters in Last 1 Days
[21]
[18]
[14]
[14]
[13]
[12]
[12]
[11]
[11]
[10]

All times are GMT -4. The time now is 07:17 PM.


vBAdvertise v1.0.0 Copyright ©2009, PixelFX Studios
vBCredits v1.4 Copyright ©2007 - 2008, PixelFX Studios
Copyright 2008 CoinTalk
"Wiki" powered by VaultWiki v2.5.0.
Copyright © 2008 - 2009, Cracked Egg Studios.