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<p>[QUOTE="kaparthy, post: 2359525, member: 57463"]<font face="Georgia">Book Review - <b><i>Truthseeker: the Life of Eric P. Newman</i> researched and written by Leonard Augsburger, Roger W. Burdette, and Joel Orosz, edited by James L. Halperin, Ivy Press, 2015.</b> </font></p><p><font face="Georgia"><br /></font></p><p><font face="Georgia">Eric P. Newman came to numismatics as a youngster, not so unusual. Born in 1911, he saved his nickel-a-week allowances, counting the bus fare to and from, and every so often buying a coin from Burdette Johnson. After graduating from MIT with a degree in engineering economics, Newman graduated from the law school at Washington University in his hometown of St. Louis, Missouri. On his own initiative, he pursued the liquidation of the Edward Howland Robinson Green estate. </font></p><p><font face="Georgia"><br /></font></p><p><font face="Georgia">"Colonel" Green was the son of Hetty Green, "the witch of Wall Street." (She did not have magical powers, but "witch" was the limit of propriety in the late 19th century.) She set her son up as president of the Texas Midland Railroad. When she died, he inherited. "Colonel" Green was an accumulator, not a numismatist. He had tons of stuff, all rare, and little of it properly attributed. The liquidators of his estate were at once cautious and demanding. The preferred to sell in whole lots, only. Eric P. Newman bought all of the banknotes from Missouri, but only after over six months of wrangling, from 1939 to 1940. Based on his success, he struck up a relationship with Burdette Johnson. </font></p><p><font face="Georgia"><br /></font></p><p><font face="Georgia">From there, Newman entered the highest strata of U.S. numismatics.</font></p><p><font face="Georgia"><br /></font></p><p><font face="Georgia">He and Johnson acquired, and then resold, the most amazing examples of rare U.S. coins. They kept the very best for themselves. They sold the rest to Max Mehl, Wayte Raymond, and other dealers of the era before the explosion in numismatics after the close of World War II.</font></p><p><font face="Georgia"><br /></font></p><p><font face="Georgia">Newman's early family life, his education as an engineer, and his training as a lawyer combined to shape him - and ultimately his personal collection. He owned <b>all five 1913 Liberty Nickels</b>, but wanted nothing to with them when he determined that they lacked authenticity.</font></p><p><font face="Georgia"><br /></font></p><p><font face="Georgia">His interest turned to the 1804 Dollar. He worked with Walter Breen, Lynn Glaser, and Ken Bressett. Breen and Glaser dropped out of the project. Eventually, Newman and Bressett published <i>The Fantastic 1804 Dollar</i> to condemn them all as <i>novodels</i>: new-made fakes from the Mint for special friends. </font></p><p><font face="Georgia"><br /></font></p><p><font face="Georgia">Over the years, Newman had an on-again-0ff-again relationship with John J. Ford. Ford was a consummate researcher, but Ford was like Darth Vader: using his power for evil. John J. Ford worked with one Paul G. Franklin to create fake Western Assay Bars and similar numismatic items. Eventually, the showdown was inconclusive. Ford died. Newman lived on. The facts have to fall where they do.</font></p><p><font face="Georgia"><br /></font></p><p><font face="Georgia">The recent finds of the lost ships <i>Central America</i> and <i>Brother Jonathan</i> condemn Ford's forgeries. They also condemn Stack's and Bowers who sold John J. Ford's forgeries. Bowers admitted to being duped. The Stack family never did. The merger of the Bowers and Stack firms makes the matter moot.</font></p><p><font face="Georgia"><br /></font></p><p>[ATTACH]481112[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 2359525, member: 57463"][FONT=Georgia]Book Review - [B][I]Truthseeker: the Life of Eric P. Newman[/I] researched and written by Leonard Augsburger, Roger W. Burdette, and Joel Orosz, edited by James L. Halperin, Ivy Press, 2015.[/B] Eric P. Newman came to numismatics as a youngster, not so unusual. Born in 1911, he saved his nickel-a-week allowances, counting the bus fare to and from, and every so often buying a coin from Burdette Johnson. After graduating from MIT with a degree in engineering economics, Newman graduated from the law school at Washington University in his hometown of St. Louis, Missouri. On his own initiative, he pursued the liquidation of the Edward Howland Robinson Green estate. "Colonel" Green was the son of Hetty Green, "the witch of Wall Street." (She did not have magical powers, but "witch" was the limit of propriety in the late 19th century.) She set her son up as president of the Texas Midland Railroad. When she died, he inherited. "Colonel" Green was an accumulator, not a numismatist. He had tons of stuff, all rare, and little of it properly attributed. The liquidators of his estate were at once cautious and demanding. The preferred to sell in whole lots, only. Eric P. Newman bought all of the banknotes from Missouri, but only after over six months of wrangling, from 1939 to 1940. Based on his success, he struck up a relationship with Burdette Johnson. From there, Newman entered the highest strata of U.S. numismatics. He and Johnson acquired, and then resold, the most amazing examples of rare U.S. coins. They kept the very best for themselves. They sold the rest to Max Mehl, Wayte Raymond, and other dealers of the era before the explosion in numismatics after the close of World War II. Newman's early family life, his education as an engineer, and his training as a lawyer combined to shape him - and ultimately his personal collection. He owned [B]all five 1913 Liberty Nickels[/B], but wanted nothing to with them when he determined that they lacked authenticity. His interest turned to the 1804 Dollar. He worked with Walter Breen, Lynn Glaser, and Ken Bressett. Breen and Glaser dropped out of the project. Eventually, Newman and Bressett published [I]The Fantastic 1804 Dollar[/I] to condemn them all as [I]novodels[/I]: new-made fakes from the Mint for special friends. Over the years, Newman had an on-again-0ff-again relationship with John J. Ford. Ford was a consummate researcher, but Ford was like Darth Vader: using his power for evil. John J. Ford worked with one Paul G. Franklin to create fake Western Assay Bars and similar numismatic items. Eventually, the showdown was inconclusive. Ford died. Newman lived on. The facts have to fall where they do. The recent finds of the lost ships [I]Central America[/I] and [I]Brother Jonathan[/I] condemn Ford's forgeries. They also condemn Stack's and Bowers who sold John J. Ford's forgeries. Bowers admitted to being duped. The Stack family never did. The merger of the Bowers and Stack firms makes the matter moot. [/FONT] [ATTACH]481112[/ATTACH][/QUOTE]
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