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<p>[QUOTE=&quot;longnine009, post: 25503715, member: 1886&quot;]In 1977 James Ruddy (Photograde) retired from the coin business. However the business name Bowers and Ruddy Galleries remained in place until 1982 when Dave Bowers and Ray Merena formed Bowers and Merena Galleries. Merena was already a business acquaintance of Bowers since 1962 when Merena managed the Empire Coin Co.-- an earlier business of Bowers and Ruddy.</p><p><br /></p><p>An amusing side note to Ruddy&#039;s retirement was his belief that coin collecting was becoming too mercenary. Too mercenary in 1977?</p><p><br /></p><p>Listen closely and you can hear the omnipotent Kung Fu Master somewhere in the sky: &quot;Oh, we have not even begun upon that journey...&quot;</p><p><br /></p><p>Bowers and Merena Ad token, copper, M/A, 8.64 grams, 27mm.</p><p><br /></p><p>[ATTACH=full]1633074[/ATTACH] [ATTACH=full]1633075[/ATTACH][/QUOTE]</p><p><br /></p>

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