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Kevin Leab's Blog

20 Feb 2021

Pioneers in Numismatic Publications Pt.2

| Kevin Leab

Mr Wayte Raymond (1886-1956) ANA member#396..Just a brief history of this man....A Connecticut native and son of a brush manufacturer Mr Raymond was one of the great pioneers in Numismatic history.....In his early life he worked as a bank teller (1901-1912) and admired the old money that he handled every day and that sparked his interest in collecting coins. During his time as a bank teller he joined the ANA in 1902 becoming member #396. During his youth he also started taking out ads in The Numismatist selling English silver pennies. He continued placing ads in The Numismatist with offers of buying and selling English and United States coinage. Mr Raymonds first known fixed price list appeared in the February 1908 issue of The Numismatist. In September of 1912 he quit his position as bank teller and started The United States Coin Company and became a full time coin dealer at 200 5th Avenue, New York City. In 1917 he married Olga Osterholm and were congratulated by the ANA in the October 1917 issue of The Numismatist. It wasn't until 1935 that he began publishing price guides for US coins for collectors. He had many other price guides before these but they were all geared towards Ancient and Roman coins and US Gold coins. These "new" price guides called "Standard Premium List of United States and Early American Coins" and "Standard Price List of United States Coins"....These were very popular among collectors at that time. These books eventually became the "Standard Catalog of United States Coins" which were hardback books and released every year. He wrote many price lists, auction catalogs and books, way too many to be listed here. He hired many people to help him with his work through the years including a man by the name of Walter Breen, who he sent to the National Archives, the US Mint and the Library of Congress to do Numismatic research from the original sources...Breen wasn't paid until the project was done. In 1952, Mr Raymond was awarded the 50 year Medal from the ANA...something that all of us would love to achieve.Mr Raymond passed away in September of 1956 and is buried in Rowayton, Connecticut without fanfare and marked by a humble unkept tombstone. He will however be greatly remembered in our Numismatic community as a great pioneer of our "hobby". Thank you Mr Raymond

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19 Feb 2021

Pioneers in Numismatic Publications

| Kevin Leab

Have you ever grabbed your "Red Book" or "Blue Book" to check information about a coin or series that you wanted to collect? Or maybe you were curious about what your coin was worth? You can thank this man, Richard S Yeoman for that book. Mr Yeoman (1904-1988) was one of the pioneers in our hobby who published price value guides for us collectors to use for years to come.....and has become a collectible in itself. Mr Yeoman started out as a commercial artist and a coin collector like the rest of us.....He started working for Whitman Publishing Co. In 1932 developing coin "boards" for collectors....youngsters and adults alike suddenly took on the challenge of filling every hole in the board....eventually the boards developed into the thin coin folders that we know today... Imagine being a kid in the 1940s and being a coin collector, armed with one of Yeomans coin boards and a roll of wheat cents from the bank, lying on your bedroom floor searching that roll and filling those holes. ...what fun that must have been. Yeoman went on to win the Farran Zerbe Award in 1956, the highest honor given from the ANA.. RS Yeoman then retired in 1970 with Mr Kenneth Bressett taking over as Editor of the Guide Book of United States Coins and the Handbook of United States Coins.. How fortunate we are to have this man so dedicated to our "hobby" and give so much of his life.

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