Coin Collector Blog

Mullen Coins Collection Blog provides valuable articles and content about coin collections, rare coins, currency, antiquities and interesting reviews of news and events within the numismatic community.

Coins have a rich history, making collecting a rewarding hobby. Learn interesting facts about the history behind rare coins.

The Extraordinary Eric Newman and His Extraordinary Favorite Coin

Numismatists dream of owning the rarest and most desirable coins—perhaps an 1804 Silver Dollar, or just one of five known 1913 Liberty Nickels.  This Grand Rapids coin dealer is no exception!  Just imagine owning an 1804 Silver Dollar, AND all five 1913 Liberty Nickels!   As a foremost U.S. numismatist and numismatic scholar, centenarian Eric P. Newman has owned all of these, and many more.   Which of these noted rarities was his favorite? Answer: None!

Mr. Newman’s favorite coin is the gold 1792 George Washington President “pattern coin,” privately made by Obadiah Westwood at his mint in Birmingham, England, from dies engraved by John Gregory Hancock.   This one-of-a-kind numismatic treasure is part of the two percent of Mr. Newman’s collection on display at The Newman Money Museum in St. Louis*. 

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Politics in The Mint - Grand Rapids Coin Dealer Discusses 1933 St. Gaudens vs 1974 Aluminum Cent

Politics in The Mint - Grand Rapids Coin Dealer Discusses 1933 St. Gaudens vs 1974 Aluminum Cent

Although the exact details of these coin thefts are not the same, the big picture is the same… significant coins were “lifted.” Ironically, one party realized significant consequences, and the other has suffered none. Is that fair?

In one case, 20 of the 1933 St. Gaudens gold coins destined for melting were stolen from the Mint in 1933, coming into the hands of now-deceased jeweler, Izzy Switt. The US Government sued Mr. Switt’s heirs to recover the remaining 10 coins, valued at millions of dollars each, and won the case in July, 2011.

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