Volume 17 Issue 12Formerly published as the 'Tasmanian Numismatist' - Internet Edition' (Est. 1996) December 2012
'HAPPY NEW YEAR!'
"Life wasn't meant to be easy!"
In 1983, the 22nd.Prime Minister of Australia, Malcolm Fraser (b. May 1930), philosophically echoed this common old adage about the hurdles we face in Life, when he faced utter defeat at the polls and then was ultimately shunned by his own political party. He went on to carve an illustrious diplomatic career as an international statesman of impeccable stature until his retirement - and, he is still an occasionally controversial, but conscientious, commentator on things that matter to him and this nation of Australia. Like him or loathe him - Malcolm Fraser has always remained true to his beliefs and kept facing forward.
Regrettably, some of us may have not fared so well this year - it has been a tough twelve months financially, numismatically and, for a few - perhaps - physically and emotionally.
On this more personal level - some of us may need to look beyond ourselves, and even further than the compassion and inherent goodness of our fellow man, to lead us towards a promise of a better future as this old year slides quickly into history.
Sometimes, it even takes a personal act of Faith and Belief to get out of bed each day and carry on with our daily ventures - let alone devote precious time to our hobby.
Without an occasional helping hand from our family or friends - or, perhaps, even quietly appealing to a Power that appears greater than us, we could possibly fall by the wayside and give up at the smallest extra hurdle.
It's that time of year when many of us may also look back and see the need to re-consider our blights as well as the blessings that we may have experienced during 2012, and face the fact that Malcolm Fraser may be absolutely right!
However, there is another old saying - "What doesn't kill us makes us stronger!" - and realize that is another good reason to once more 'gird our loins'- 'take up our swords' - and rekindle our
To those who already have a strength of purpose, and have set worthwhile goals - as well as those who are still striving - perhaps borne on by the celebration of Faith and self-belief, no matter in what manner it manifests itself - we sincerely hope that you all achieve a rewarding and positive result during this traditional time of reaching out - and the giving, and the receiving, of those greatest of gifts - Love, Hope and Goodwill.
Our personal wish to you and yours - is for a safer, stable and healthier 2013.
"MAY THE FORCE BE WITH YOU!"
We also hope that we are worthy of these same blessings of Love, Hope and Goodwill and that they will be reciprocated and bestowed on our own families - and that we be granted the continuing strength, encouragement and the interest from you, our readers and friends, to keep us working hard to continue publishing an informative and interesting newsletter for another year.
Editor & Compiler - Graeme E. Petterwood.
Head Boffin - Paul A. Petterwood.
Edited by Graeme Petterwood. © 2012.
All or any prices quoted in articles in this free newsletter, unless stipulated, are estimates only and they should not be considered to be an offer to sell or purchase the items mentioned or used as illustrations. Wherever possible - illustrations (*enlarged or otherwise) are from the authors' own collection - or the extensive picture library of the former 'Tasmanian Numismatist' - Internet Edition © 1991 - 2007. and the 'Numisnet World' - Internet Edition. © 2007 - 2012.
Krause-Mishler (KM) Standard World Catalogs - and McDonald and/or Renniks Australian catalogue numbers, are used where applicable.
*Please note that the photoscans of items are not always to size or scale. (Fair 'acknowledged' use of any original scan is allowed for educational purposes.)
Please, also, consider my conditional invitation, to make a literary contribution, if you feel you have something numismatically themed that may appeal to a general level of interest - and fulfils our stated editorial guidelines. As Editor, I am always prepared to look at it - and if need be - assist in additional presentation. However, please be aware that not every submission will be automatically accepted for publication.
We regret the imposition of 'editorial control' - but previous experience has necessitated the following conditions.
If common courtesy, and normally acceptable moral standards are not upheld, or, the subject matter is considered to contain plagiarized or defamatory content, or, if it is not considered 'generic' enough for this type of newsletter, or, if the subject has already been covered in depth in earlier editions - it may be refused, held aside or selectively edited. This is, obviously, not a scientific-style journal - our object is to educate, certainly - but, hopefully, in an entertaining way for the average hobbyist collector. - G.E.P.
PLEASE NOTE - RE-STATED DISCLAIMERS:
Where on-line web-site Links or addresses are supplied, they are done so in good faith - however, our readers are advised, that, if a personal decision to access them is made - it is at your own risk.
THE TRUE WORTH OF OUR LOCAL
NUMISMATIC CATALOGUES & MAGAZINES
- and their AUTHORS & COMPILERS!
In Australia, we are extremely lucky to have a choice of excellent, well-prepared, home-grown publications that are readily available to our collectors of mainstream numismatics - and - we mustn't forget that intriguing 'cousin' - exonumia.
To define these differing sides of the 'coin' - is like trying to describe the characteristics of mist and fog - so I will suffice to say that both are nebulous and mysterious to begin with - but, they often become fascinatingly fluid and intermixed as we move within them.
However, we do need a few well-lit guideposts to save us from getting completely disorientated and totally lost.
Basic catalogues - like Renniks 'Australian Coin & Banknote Values' (Editor Ian Pitt) and 'The Pocket Guide to Australian Coins and Banknotes' (Editor Greg McDonald) - as well as quality periodicals, such as the 'Australasian Coin and Banknote Magazine' (Editor John Mulhall), are worth their weight in precious metal as sources of information and review.
They are also great indicators of the future trends within our hobby and often are able to point us in the right direction..
Other authors - such as Roger McNeice OAM, Ian McConnelly and Mick Vort-Ronald - are amongst those who I have met personally - and are well-known publishers of literary gems covering the broad scope of Australasian numismatics - so, let's not forget to acknowledge their enormous contribution to our hobby. We should never forget that these illustrious authors all had their start with the first word in a first edition - and - we can also aspire to make our literary mark.
We must not forget that there are many other fellow hobbyists who have also have had their say - the likes of Fred Lever ('Fred Lever's Reference Book' 2012); Noel Harper ('Tasmanian Passes, Checks & Club Tokens' 1985 ); and Ian Hartshorn ('Australian Pocket Change' 2005).
These writers and compilers have also helped us immensely in the past, and now in these present decades - by putting their experience and intimate knowledge of different aspects of our hobby into print in magazines, club journals, brochures, booklets, newsletters and on CD's.
To all those others - whom I have not been able to mention by name - please forgive me the sin of innocent omission in this brief introductory. YOU ARE LEGION!
(Illustrations in this article are not to scale.)
South Australian 'good guy' and banknote guru, Mick Vort-Ronald, came to Tasmania in 1993 to take his A.J. Lockwood Award into custody!
Ian McConnelly contemplating the odd variety of conversation at the 2003 T.N.S. Christmas function at Tolosa Park, Hobart .
Roger McNeice OAM and CAB's Editor John Mulhall enjoying a mutually enlightening moment at the 2004 Hobart Coin Fair.
Numismatic action-man, Ian Hartshorn, with grandson Bryce - after completion of an epic 2004 ride from Perth to Melbourne. (Mint to Mint?)
A small selection of useful numismatic literature types.
Australian numismatists should aspire to have some of these types of periodical publications - relative to their interests - in their home libraries. These well-used examples are random items selected from my own shelves - some were one-off publications and are now out of print - except for Fred Lever's newest opus which can be obtained from information supplied in the November issue of the 'Australasian Coin and Banknote' magazine which is available at all good book stores.
Sometimes, those of us who may have graduated from amateurs to being a little better educated in our area of choice - will note that some local flea-market stall-holders - and even some minor dealers, with just a modicum of genuine numismatic know-how - but with a lot of acquired sales acumen - tend to use the better known basic catalogues as undisputed information sources when selling items of local coinage that they have gathered.
They often present these informative guides as infallible, or, use them as a retail price list when dealing with small 'c' collectors.
Often children, or naive beginners, can be targeted by price gougers at markets - 'blinded by grading science' - and often dazzled by the printed word.
These days, the cat is virtually out of the bag about certain coin values - but there are still lots of minor pieces that get under the radar.
Many of these stall-holders and part-time dealers have learned, from their own catalogues, which of those coins can attract a premium - and these are separated for special sales treatment when found in an accumulation. Often ungraded and inadequately cared for by their original owners or inheritors, 'feral coin collections' are often purchased as 'job lots' for a pittance by the part-time dealers - and sold for whatever the market will bear.
The more common coins are often seen - thrown in a bowl on an open-air stall-holders counter like pieces of 'shrapnel' - to suffer the extremes of weather as well as mishandling! Having a roof over their heads does not always mean that they do not suffer extremes of temperature or casual abuse in handling.
We have all had to start somewhere - so, the obvious answer is to do your own homework - and learn to use the catalogues as your own text-books!
It takes a huge amount of hard work to formulate a good coin or banknote catalogue - so, learn to use it well.
Haggling - or 'price negotiating' - has always been a part of our hobby - at all levels- so, a knowledge of market price and grading is an essential enabling tool - and, don't be afraid to question prices and quality if you have a doubt.
Each year, our professional cataloguers face the same basic hurdles - new illustrations need to be considered, occasional errors from past issues need to be identified and corrected, updated or new technical information has to be gleaned from reliable sources, the latest contemporary prices from auction houses and dealers needs to be collated, checked and double-checked - with the publishing deadline always in mind - before a single page is printed or a single disc is burned for computer use.
Sometimes new errors do occur, innocently - and they can become self-perpetuating until they are discovered and righted - so, if we readers peruse any of the publications and do discover an obvious error - let the editors know as soon as possible - it may have already been spotted - but not always...
Obviously, it would be too late for the current issue - but, it could stop the misinformation from becoming entrenched in subsequent editions.
Don't moan about it and wait for 'someone else' to raise the alarm! If you are not sure what to do - talk to your supplier of the publication.
It might be a temporary hassle - and an embarrassment in the short-term - but, in the end, it will be appreciated that something wrong was put right!
This is why it is important, that - as users - and, sometimes, beneficiaries of these essential items - we should all play our part in the process.
As with any other text book, we can only appreciate the value of catalogues if we read them thoroughly and make use of the information they contain - flicking through the pages and looking at the pictures may be entertaining - but ....!
The home-prepared simple graph of prices (shown below) was originally compiled, with a few other Australian pre-decimal favourites, for my own use.
In my case, I chose to adapt the price information from nearly two decades of Greg McDonald's Pocket Guides into the sort of visual form I can use at a glance - to assist in making a reasonably informed choice when I consider investing in the purchase of any of the rarer coins for my hoard.
It only gets updated once a year - but, it does provide an idea of potential trends and may be applied as an indication of market health..
McDonald market price details cover Grade conditions from Very Good up to Proof in our Australian pre-decimal coinage, and, in this example, I have charted the prices of the three lowest of the worthwhile grades of condition of the 1923 Australian Half-penny - and one that is desirable and yet still reasonably affordable for average gatherers.
Whilst I have presented the graph of coin prices in the lower grades of Very Good; Fine and Very Fine (plus Extra Fine as an incentive to aim for) - I would need a very large page to show the results of the really top grades for this date in this highly sought-after London Die 25.5mm Bronze coin.
The obverse has good eye appeal with all diamonds and 6 pearls showing - the wear is relatively even, there are several old small facial scratch marks (chin & cheek) that are not too detracting as they have long regained their patina. Legend die-cracks are obvious.
The reverse shows usual field surface wear, legend die-cracks and several small edge-knocks as well as a very shallow planchet flaw closely 'hugging' the top quarter ('9 to 11') of the O of ONE. (Magnification required).
This coin has not been professionally graded - but a consensus of conservative numismatic opinion considers it to be an average Very Fine.
1923 Half-Penny Price Graph (1994 - 2012)
Compiled using contemporary market price estimates according to:-
Greg McDonald's Pocket Guide to 'Australian Coins and Banknotes' (various editions).
The price spike that occurred from 2001 - 2005 is dramatically highlighted by the use of the graph.
Of course, I'm using catalogue information that is in keeping with my own financial ability to participate in the market - that's part of the game of realism we all need to embrace! In this instance, the graph clearly shows a levelling off of price appreciation of this particular coin since the mid 2000's, particularly in the lower grades - which are those that I usually aspire to.
That being said - we should still endeavour to get the best example we can afford!
Occasionally, we may need to stretch our numismatic dollar a little further - as I did with this coin - to achieve a little more quality that can act as a price buffer during the more meagre times.
INVESTMENT POTENTIAL - Scarce coins in better grades, are still worth pursuing, obviously, but the large volatile price jumps on more basic offerings may be a thing of the past due to the tightening of the international fiscal belt.
Without strong competition - prices on the more obtainable items tend to stabilize and hover for a time!
Recent auction results also indicate that - whilst high prices are still being asked and gained for the better quality rarities - the brakes have been gradually applied to save over-heating in the market.
This will also be reflected in the 2013 catalogues when they become available soon - but, if you are prepared to take an educated risk - tread gently and hold your nerve - it could be seen as a providential time for the long-term investment buyer.
LETTERS TO THE EDITOR
The final 'Letter to the Editor' for this year, arrived a few days ago - and it had scans of 3 small notes that needed identification. It was brief - and to the point!
"Can you please tell me what this is and what to do with it ??? Thank you" - Morne Coetzer'
Evidently, the notes had been in a storage box with other miscellaneous 'bits 'n' pieces' for several decades.
The items were German in origin, from the 1920's, and consisted of two paper 75Pfennig Sparkasse notes - one from Verden(Aller), in Hannover and one from Tilsit, East Prussia - plus a 700th Anniversary 25 Mark Sparkasse note, on cloth, from Bielefeld, Westfalen.
Incidentally, a more precise definition of an issuing 'Sparkassen' during that era, was 'mutual savings bank' - a local sort of friendly neighbourhood/district financial organization. There are some very large modern German Sparkassen these days, but, they are run on solid financial basis - including making profits for members benefits, and shareholders dividends - a credit union style of businesses.
The first item on the list is a 75 Pfennig (Penny) note, issued in December 1921, authorized by the Magistrate of the Municipality of Verden in Hannover state, Germany - for use in the town and surrounds. Apparently, this was the only style issued.
The second item, for 25 Mark, was issued 15th July, in Bielefeld, Westfalen and district - again authorised by the local Magistrate.
This municipality issued 4 different types and values until 1923.
The third item, a 75 Pfennig note, authorised by the Magistrate, comes from Tilsit and district, in East Prussia.
This district, has been under the influence of Russia at various times - and has been subjected to internal name changes - but, during the German 1920's era it issued 5 different Municipal paper notes.
During the early 1920's, the official German Reichbanknotes were not worth the paper they were printed on due to hyper-inflation and the cost of the First World War and the reparations imposed and demanded by the Allies.
According to 'World Notgeld -1914 - 1947' by Courtney L. Coffing (Krause Publication) these non-official items are broadly classed as 'Municipal' Paper Money - and, basically, they were used as 'small change' to facilitate local commerce due to lack of official coinage during the inflationary period..
Most of these Municipal notes were produced in local printeries on whatever basic stock paper was available and used mainly for basic commodities from within the district itself. They could not be used elsewhere as a rule.
This local practise still continues in some rural areas of the United States of America - and has re-appeared in areas of Europe, since the Euro faltered..
Many smaller German and Austrian municipalities only planned to produce one style of note - which often had to be redeemed (used) by a specified date.
If you study the Verden 75 Pfennig Starkasse you will note that it was valid until January 1923.
These sorts of 'Notgeld' - 'Gutschein' - 'Billets' - or - 'Sparkasse' - were issued across Europe (under various local names) in hundreds of towns, districts and cities during the 1920's. Scores of variations on the theme appeared in other countries as well - some were backed by assets - but - a lot were just paper 'promissory' issues trying to keep the local economy going in economically desperate times after WWI and the world economic Depression.
The price structure of this area of numismatics is extremely fluid - due to lack of accurate records about quantities printed.
These notes do vary in value - and are usually in the realm of a 'few dollars' (basic market value) as a 'novelty' due to the vast numbers that were usually issued - but, obviously, attractiveness, scarcity and condition play a part in the valuation.
You may need to consider consulting with local dealers to ascertain a realistic starting price if you wish to sell these items at any time- but, remember - retail traders need to make a profit as well, and they will be considering that aspect of any mutual business.
There are private collectors of this sort of stuff out there, and it is possible to cut out the 'middle-man' - but it means extra time and effort!
So, if there is no pressing need to take action, do your homework first!
NOTE - The scans show that two of the 90 year old notes have had a reasonably hard life - and bear a few wrinkles and scars - but, do not try to clean or patch them up as it may do more harm than good. Do not try to steam iron out the creases....!!
Ironing and washing notes to improve visual attractiveness (... and the asking price ...) can impart a shine to some fabrics, or a flatness to the paper fibres. That will be obvious to an experienced note collector - and this practise is not high on the list of acceptable conservation methods unless it is done by an expert on high value items that are in serious danger of deterioration.
GENERAL INDEX UPDATE.
'TASMANIAN NUMISMATIST - INTERNET EDITION' 1996 - June 2007
'NUMISNET WORLD' July 2007 - June 2012
Early issues of the 'Tasmanian Numismatist - Internet Edition', from 1995 - 1999. were permanently archived in 2000 and articles are not linked directly.
http://www.vision.net.au/~pwood/aug03.htm - 1995, 1996 - 1997 (Volumes 1 and 2) Archived. Content detail only.
http://www.vision.net.au/~pwood/Sept2003.htm - 1998 - 1999 (Volumes 3 and 4) Archived. Content detail only.
By referring to the 'Newsletter Archives' or 'Search' function located on the Home Page, you can directly access all current Volumes online.
http://www.vision.net.au/~pwood/tns.html - January 2000 (Volumes 5 - to date).
In January 2006 it was decided to grant each new issue its own URL link. which would henceforth appear in the current Index.
http://www.vision.net.au/~pwood/mar07.htm - 2006 (Volume 11)
The final Index of the 'Tasmanian Numismatist - Internet Edition'
http://www.vision.net.au/~pwood/dec07.htm - 2007 (Volume 12 - Issues 1 - 6)
Full details of initial 'Numisnet World' - incorporating 'Tasmanian Numismatist' (2007)
http://www.vision.net.au/~pwood/dec07.htm - (Volume 12 - Issues 7 - 12)
For full details of 'Numisnet World' (2008)
http://www.vision.net.au/~pwood/dec08.htm - (Volume 13 - Issues 1 - 12)
For full details of 'Numisnet World' (2009)
http://www.vision.net.au/~pwood/dec09.htm - (Volume 14 - Issues 1 - 12)
For full details of 'Numisnet World' (2010)
http://www.vision.net.au/~pwood/dec10.htm - (Volume 15 - Issues 1 - 12)
For full details of 'Numisnet World (2011)
http://www.vision.net.au/~pwood/jun11.htm - (Volume 16 - Issues 1 - 6)
http://www.vision.net.au/~pwood/dec11.htm - (Volume 16 - Issues 7 - 12)
For full details of 'Numisnet World (2012)
http://www.vision.net.au/~pwood/june12.htm - (Volume 17 - Issues 1 - 6)
'NUMISNET WORLD' - INDEX - July on 2012.
Issue 7. July 2012:- http://www.vision.net.au/~pwood/july12.htm
KEEPING BUSY! - The Winter temptation to curl up in front of a nice warm fire, watch a movie or read a book is ingrained within our 'hibernating bear'. Numismatists have a slightly more productive schedule - they sort, they list, they mend - and, any reading is usually from a catalogue relevant to their hobby!
AUSTRALIAN COIN & BANKNOTE GRADING. - This is a subject that is still raging - even if it is done in politely hushed tones. The 'numerists' and the 'verbalists' (my terms) have both justified their positions and are prepared to go down with their ships. Collectors should be aware that several differences of grading opinion exist - they should study the differences - then independently make their own decision on how they will present their treasures for consideration.
AUSTRALIAN CURRENCY - A virtual 'hodge-podge' of Australian banknotes has been selected to show the development of Oz currency since our Federation - as well as to give an idea how different grades appear in circulation. Unfortunately, not all of the notes that have been produced are available for sampling and perusal - some are quite rare now - so that is the reader's chore to discover. This illustrated section is just the bait!
Issue 8. August 2012:- http://www.vision.net.au/~pwood/aug2012.htm
'YORKIE DOODLE DANDY' - I recently was pleasantly surprised to receive a query from a fellow author regarding the authenticity of a replica item. A correspondence followed and a camaraderie developed that went beyond numismatics.
William 'Bill' Wynne - a former U.S. air-recon photographer had a real story to tell - and a real job to do - in the 1940's during the allied defence of our nation. Bill's companion, a tiny Yorkshire terrier named 'Smoky', will be well remembered as an official working 'War Dog' with her own set of medals - as well as being a talented entertainer of children and adults during the early 1950's.
The late 'Smoky', and 90 year old Bill, were also honoured in July, 2012 for their efforts, as a veterans' 'therapy' dog and trainer, by the presentation of a special award, at the Royal Brisbane Hospital, which was accepted on Bill's behalf by the U.S. Consul General.
RECENT CORRESPONDENCE - For those readers who use the Internet to keep up to date with international numismatics - you will be pleased to learn that long-time colleague Serge Pelletier has advised that the journal of the Ottawa Numismatic Society 'moneta' is now freely available on line at:- www.ons-sno.ca. Another well-known friend, Mike Metras, has advised that he is selecting part of his collection for disposal on eBay. He has supplied us a link to his initial list - arbateasmara - so if you have an interest in getting in early and making an offer - this is OK for our readers.- but get in early!
ALL THAT GLISTERS ...IS NOT GOLD! - The word 'GOLD!' conjures up all sorts of feelings. Mine started at a very young age and never, ever went away. I have selected just a few bits 'n' pieces to show the scope of things that intrigued me because of their association with the most noble of metals.
Issue 9. September 2012:- http://www.vision.net.au/~pwood/sep12.htm
RECENT DISCUSSIONS I HAVE HAD! - Readers were forthcoming with quite a hotchpotch of subjects last month. Most of the email chatter was just interesting trivia - and, in most cases, the queries were easily answered. However, as we all know, trivia is usually the starting point for all sorts of idea development - if we are 'blessed' with an inquisitive nature. It also shows that interest in some items that have been dormant for a time - has not died off!
GOLD AMONGST THE DROSS. - Among our older Australian pre-decimal coinage - particularly that of King George V - are a few pieces of Bronze and Silver that are equivalent to 'gemstones, chunks of Gold - and some jewels'!. The list shown, has tried to separate these precious tit-bits from the mere items of interest. It is now up to you to do the work and 'cash in' on hard money that is far more than just a few petty low value coins!
Issue 10. October 2012:- http://www.vision.net.au/~pwood/oct12.htm
COINED FOR CIRCULATION - but with a little bit of MYSTIQUE! - We may be accumulators - but, we also take on roles as recorders of history. Sometime, the information we need, to accurately define an item, is not forthcoming without an extensive search into dark corners that are rarely disturbed - this creates a certain 'mystique' that tends to drive us harder in our quest for enlightenment.. Several of my possessions fall into the category of 'mystiques'.
THE MYSTERIOUS MARAVEDIS of SPAIN. - These rough hammered and cut Bronze coins - sometimes referred to as 'cobs' - once comprised a huge proportion of the circulating basic coinage of Spain. The Maravedis had a life that started with the richness of Gold - but, they eventually ended amongst the hoi-poloi, as a common Copper coin, when the fortunes of once-mighty Spain began to ebb.
GERMAN MERCHANTS REVIVE the MARK! - The continuing saga regarding the stability of the European Euro has taken another step back into the past as German banks and merchants start accepting payments for purchases in hoarded Deutsche Marks. It is estimated that millions of Marks are still in the possession of hoarders who held them from 2002. It must be remembered, that Germany did not set a deadline on its old currency or coinage - unlike some other members of the ECU.
Issue 11. November 2012:- http://www.vision.net.au/~pwood/nov12.htm
PROPOSED NEW DESIGNS - The recent release of pictures of the 'proposed new banknote designs' will - no doubt - stimulate the tardy collectors and wannabe investors - into a frenzy to gather what they may from the current range before any such change occurs. With personal memories of the lengthy changeover from Imperial to Decimal currency notes in 1966 and then the demise of Paper notes from 1992 - 6; I have no doubt that the hoarders are out, in full swing, already picking over our first Polymer range for the absolute best of the final juicy morsels from the bones.
A TIMELY REMINDER - Along with the usual reminder about. annual subscriptions that we freely publish for the 'Tasmanian Numismatic Society', we were also reminded that 2013 is the Golden Jubilee year of the Society's formation. This is the end of the 49th year and the countdown is on. ...
Fifty years is a long time for any sort of social group to survive - and, fortunately, we still have active numismatists in Tasmania who were part of that original few who gathered in November 1963 to form a club of like-minded enthusiasts. No doubt many memories will emerge as the year progresses.
Issue 12. December 2012:-
A TIME TO REFLECT ON THE YEAR THAT WAS! - 'Life wasn't meant to be easy!' In fact, the last 12 months has borne that out in spades for some of us. However, the shining beacon of Hope is manifest at this time of year for readers of all shades of humanity. In the meantime, let's celebrate whatever positive aspects that we can - and pray for a better 2013.
THE TRUE WORTH - The value of good numismatic information cannot be over-rated. We all need to have some sort of knowledge that enables us to make informed decisions when spending our 'hobby' dollars. We are extremely fortunate, in Australia, that we have collectors who have risen above their own interests and who are prepared to share their experience with all and sundry by means of literary offerings.
LETTERS TO THE EDITOR. - The last letter for this year was a reminder that the area of Notgeld is a huge one - and it's full of surprises and interesting nooks and crannies. Hopefully, we were able to assist.
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