Status: U Return-Path: Received: from web12703.mail.yahoo.com ([216.136.173.240]) by runyon.mail.mindspring.net (Earthlink Mail Service) with SMTP id ttqmr3.9s1.37kbi7f for ; Mon, 29 Oct 2001 08:36:34 -0500 (EST) Message-ID: <20011029133633.85287.qmail@web12703.mail.yahoo.com> Received: from [205.188.198.23] by web12703.mail.yahoo.com via HTTP; Mon, 29 Oct 2001 05:36:33 PST Date: Mon, 29 Oct 2001 05:36:33 -0800 (PST) From: MPCgram Subject: MPCGram 471/3 To: MPCGram@yahoo.com MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii ============================================== MPC Gram ============================================== Covering the Entire World of Military Numismatics ----------------------------------------------- Series 002-Number 471 Monday, October 29, 2001 Gram/Series 471 by Fred Schwan Series 471 was ordered on July 29, 1946. Of course it was intended to replace Series 461 which was not even issued until September 1946. The original plan called for the replacement series for 461 to be called 462, but this was changed before the numbering was done. Series 471 is nondescript in appearance but fascinating to collect. For my own collection the $5 of this series was the last piece that I needed to complete my 90 piece collection. Of course at the time there was little argument about what constituted a complete collection. Not only was it the last piece that I needed, until I obtained one, I had never SEEN a 471 $5! It took me a long time to find and acquire a 471 $5 which convinced me that this was by far the rarest regular issue MPC. Of course low grade 471 $5 are now available fairly routinely, but at the time (ca 1972) it was different. I have told the story before, but here is a short version (you may all sigh in relief). I had placed an advertisement to purchase MPC. I received a letter from a fellow who worked in a PX in Japan. Unfortunately, at the moment I have forgotten his name. He listed a bunch of MPC that he had accumulated over the years and which he was willing to trade for US coins. Among the very common items was a 471 $5 listed as being in uncirculated condition. Imagine my excitement. I had never even seen a 471 $5 and I had a chance to obtain an unc example. It took a long time since all of the negotiations were via snail mail, but we worked out a deal. I purchased a proof 1877 20 cent piece for him and the note was mine. It was not uncirculated, but it was a beautiful AU and I was happy (thrilled). Frankly, I was afraid that he might have made a mistake and have a Series 461 instead of 471 because they are identical in design. I still have that 471 $5 in my collection. I have actually owned an uncirculated piece a few times, but could not afford to keep it so have been satisfied with the wonderful "story" piece that I have. I carefully stated above that I have owned an uncirculated 471 $5 a few times instead of saying that I have owned a few uncirculated 471 $5s. Elmer Smith had an uncirculated 471 $5 in his collection. I sold it to him. Then I bought it from him and sold it to another collector. Ultimately I bought it back from that collector so I owned that one three times. I believe that the Kesselman 471 $5 was also uncirculated. He bought it from Ted Uhl who bought it from some fellow who brought home a set of 471. I have lost track of where that one went. About a year ago, three different 471 $5 were available in the market and advertised as uncirculated. I was clearly not satisfied with two of them as being uncirculated, but the good news is that they found willing homes that accepted them as AU even though the sellers called them unc. The third piece was sold by R. M. Smythe, Company. Most who examined it, thought that it was unc. Unfortunately really does not matter. Leo May bought the note for his own collection. It was among the material that was stolen from his motel room and has not been seen since. It is likely that it is lost to the community. Series 471 is routinely poorly centered. Most importantly the $5 and $10 notes are generally off center. Overall the series is scarce. The $5 is certainly not as scarce as I thought in 1972, but it is scarce. In relative terms all of the denominations are scarce. If you need proof of this, look at the replacements. Series 471 has the lowest total number of replacements reported for any full series. The matter of rarity might ultimately be determined as the papermoneyworld inventory of all MPC matures. One last little interesting point. If you will consult your third edition MPC book, you will see that the $1 has an extraordinary printing with 41 million pieces reported. Compare it with the other denominations. Compare it with other series. That is an amazing number. It is also simply wrong! It is a typo. The correct quantity if 14,560,000. You may correct that now if you like and of course it has been corrected in the new (in progress) book. ============================================== Editorial ---------------------------------------------- We decided to take the ferry to Cherbourg. That in itself was an interesting event for me. My father sailed across the English Channel for Cherbourg in 1944. It was well after D-Day, but it was a big deal to him and therefore to me too. Larry and I were not certain what we would do in Cherbourg. I had hopes that from there we could get to the appropriate French costal town to get a ferry to the Channel Islands. I figured that even if the weather had not gotten a lot better, the ferries might run from France because the distance is so much less. Well, the theory might have been good, but it was not possible. Once we finally gave up on the islands, we had to decide what to do. Finally, we settled on a plan. We rented a car and set out to visit the D-Day beaches, associated sites, museums etc. I have always wanted to do this, but never had the opportunity. It was a good decision. ============================================== Mail Call ---------------------------------------------- Dear Gram, I got an email from Mark Watson this evening, wanting to know why the end serial numbers for some of the notes are not divisible by an even 672,000.. I checked with Harold and we both concluded they aren't.. which means not all printings were a complete unit of 8000 sheets x 84 notes = 672,000 (for fractionals...) 32000, (a crate) doesn't work either, but 16,000 (half crate) and so does 4000 (carton) does work into all of the numbers in question . Does this mean printers shipped half crates, with other half filled with excelsior maybe? Best Wishes, Phil Dear Phil (and Mark), Thanks for a really great question. It show that you are using the book and getting some insight too! Ski has been saying that he/we need more questions to spur discussion and/or column topics. Ski and I have discussed this topic at great length (more than anyone would believe). I will give him first chance to respond to this, but then that means that I get the last word on it! Editor Dear Editor! When I loaded "papermoneyworld.net", there was no subtitle on the page listed as MPC Data. I browsed through each subtitle listed on the page and was unable to find anything about registering on file. I know I'm missing something that would be obvious for most people, but I'm a little slow working with computers. Let me know what subtitle the registration is listed under. Thanks for your help!! PK6 Dear Mr. 6, We are sorry that it is not at clear as it should be. Go to papermoneyworld.net. At the left is a link to OnlineMPC, click that. From there down about one page is a place called "For the MPC collector." One of the options there is MPC data base (or maybe it is MPC online data base, or something like that). There you can find a registration routine. We are sorry that this is a bit cumbersome. Remember, this is a public beta, so you are helping work out the bugs at the same time that you are providing MPC data! Editor ================================================ Departments ------------------------------------------------- Calendar of events for Gramsters maintained by Howard Daniel, Nancy and John Wilson and Gram staff, last updated September 7, 2001 show reports are requested on all events. Even if it was not a great show, there must be something to report. What and whom did you see? Market activity? Share your observations and thoughts with Gramsters everywhere. ---------------------------------------------------- Special "MPC" events March 2002 8-10 - MPCFest III - reservations in order received: Guido Crapanzano, Harold Kroll, Larry Smulczenski, Gary "Got any fours" Hicks, Tom Warburton, David Seelye, Jack Lippincot, Phil Goldstein, Warner Talso, Nick Schrier, Richard Freyser, Tom Koch, Mark Watson, Bill Yanchick, Doug Bell, Sam Feeback, Bruce Potter, Elmer Smith, Marv Mericle, Wes and Rod Hardy, Fred Schwan {running total 22}] W.W.II numismatics seminar at ANA Summer Seminar, July 2002 Session I (Sunday, June 30 through Thursday, July 4, 2002) Session II (Sunday, July 7 through Thursday, July 11, 2002) general events November 1-4, 2001, Denver Coin Expo, National Western Expo Hall, Contact Jerry Morgan, (719) 275-0585 November 8-11, 2001, Bay State Coin Show, Radisson Hotel, Boston, MA Contact Ed Aleo (781) 729-9677 November 9-11, 2001, HSNA 38th Annual Coin Show, Queen Kapiolani Hotel, Honolulu, HI Contact Marion Kendrick tel/fax (808) 486-4766 November 9-11, 2001, Tennessee State Numismatic Society Camp Jordan Arena, Chattanooga, TN 100+ tables, Contact Gayle Pike, E-mail pikegw@aol.com November 15-18, "National and World Paper Money Convention" in St Louis, MO. [most paper money dealers and collectors will be in attendance] November 16-18, 2001, Ohio Coin Expo, Cleveland, OH Holiday Inn, Contact Ron Nelson E-mail ronald-nelson@worldnet.att.net November 15-18, 2001, Santa Clara C, S & C Show, Santa Clara CA convention Center, 300 Tables, Heritage Signature Sale, Contact Rudy Christians (530) 528-8329 November 18, 2001, West Paper Money Fair, London, England November 22 - November 25, 2001, MSNS 46th Fall Convention, Hyatt Regency Hotel Fairlane Town Center, Dearborn, MI., 150+ tables, Educational Programs, Exhibits with great awards including an adult and jr. ANA Summer Seminar Scholarship for BIS's for each one. contact Don Charters (734) 721-4991 or E-mail Tom Klunzinger teklunzinger@yahoo.com November 29 - December 2, 2001, Suburban Washington Baltimore Fall Coin & Currency Convention, Baltimore Convention Center B & M and Presidential Auctions Contact Ed Kuszmar, E-mail collectoramashow@aol.com Important 2002 events January 10 - 13, 2002 - Florida United Numismatists 47th Annual Convention. Bourse Information contact Cindy Grellman at: CGrellman@aol.com Exhibits contact Gene Hynds at: GHynds@aol.com If you are a certified ANA exhibit judge and want to judge contact Nancy Wilson at: johnancyw@aol.com FUN is a top four anniversary convention held in Orlando, FL. Admission is free and for hotel reservations contact Rosen Plaza 1-800-627-8258 (medium priced one block away) or Quality Inn 1-800-999-8585 (economy hotel two blocks away). Major paper money auction by CAA and coin auction by Heritage. How can you beat FL in the winter? CPMX, Chicago Feb 28- Mar 3, 2002 - Contact Kevin Foley, Chairman, Lyn Knight auction of Leo May collection, Educational Programs, 100+ tables, Chicago - Rosemont, IL Holiday Inn, February 28-March 3, 2002 ANA spring show, Jacksonville, FL, 7-9 March 2002. EXHIBIT APPLICATION DEADLINE 11 FEB 2002. Joe Boling, John and Nancy Wilson confirmed in attendance MPCFest III, Port Clinton, Ohio March 2002 27 CICF, April 4-7, 2002, Holiday Inn O'Hare, Rosemont, IL., 100+ tables, Educational Programs, Contact Kevin Foley, (414) 421-3484 WWII numismatics seminar at ANA Summer Seminar, July 2002 ANA summer show, New York City, 30 July-4 August 2002. EXHIBIT APPLICATION DEAD LINE 3 JUN 2002. --------------------------------------------------- Donations are now being accepted for scholarships to the 2002 "Military Money" course at the 2002 ANA Summer Seminar. Inquiries and donations should be sent to: Military Numismatists c/o Marcus Turner 8103 East US Highway 36 Suite 163 Avon, IN 46123 Donors to 2002 Scholarship Fund Steve Feller Harold Kroll R. A. Medina Guido Crapanzano David Seelye Leo May Warner Talso Marv Mericle Mark Watson Gail Baker ==================================================== Post/Base Exchange (PX/BX/NEX) Dump your dupes! Your classified advertisement for items for sale will be run here for free. Send your ads to the gram. This service is for everyone, most humble dealer or most advanced collector. The point is to make the gram more interesting. Send in a list of items for sale and we will list them here in the gram. In all cases confirm your order via email first. FOR SALE For sale: 481 replacement 10C third print, serial number D01656387 in VF condition. Price is $450 shipping included. The note can be seen at http://trunghanhnguyen.tripod.com/481r, please confirm "Trung Nguyen"