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Date: Mon, 3 Dec 2001 05:04:05 -0800 (PST)
From: MPCgram <mpcgram@yahoo.com>
Subject: MPCGram 502
Reply-To: mpcgram@mail.papermoneyworld.net

==============================================
                   MPC Gram
==============================================
Covering the Entire World of Military Numismatics
----------------------------------------------
Series 003-Number 502,    Monday, December 2, 2001

            More on the Lenihan group

By Fred Schwan

 The story from number 500 on the late redemption
attempt was well received, but there was one comment
about the table. The comment was: “what the heck is
this?!”
  Well, I must agree that it was not as clear as it
might or should have been.

	Total	1st(expected)	2nd printing
5¢	3	3	2.37	0
10¢	9	5	6.75	4
25¢	6	4	4.18	2
50¢	1	1	.90	--
$1	30	21	14.9	9
$10	1	1	1	--

  The beauty of this late redemption attempt is that
we have a snapshot of some of the notes that were in
circulation on redemption day. Certainly it is not a
scientific sample, but it IS a sample and certainly
the best one that we have so far. The question that we
can hope to address from the sample is the
distribution of first and second printings that were
in circulation.
  The first column of the table gives the number of
that denomination that appeared in the hoard. The
second number is the number that were from the first
printing. In the case of the 10¢ denomination, nine
pieces were reported, five from the first printing.
  The next figure, labeled “expected,” is the number
that would be expected to be from the first printing.
This is simply the first printing divided by the total
printings times the sample. The last figure is the
number in the group from the second printing.
  The small sample seems to indicate that the second
printing had made it into circulation and was
represented in quantities approximately proportionate
to the printings. The biggest exception to this
conclusion is the $1 which is also the largest sample
and should therefore be the best indicator. It
indicates that the second printing was
underrepresented. This also makes some sense since the
second printing could have been in circulation only
ten months, but probably in fact only circulated for a
few months before withdrawal. [The only dates we have
are the dates on which the second printing was ordered
(August 9, 1950) and that the entire series was
withdrawn (June 20, 1951).]
  Of course you might see it differently or be able to
glean some additional insights from these data. That
is the whole point of the Gram and we look forward to
hearing (reading) your conclusions.
  The group does offer some more opportunities for
research. The first that comes to mind is to compare
the condition of the pieces from the respective
printings. I in fact thought of that before and
started on it. However, that will have to wait at
least until I can find the darn group! It is around
here somewhere.
==============================================
                   Editorial
----------------------------------------------
We must correct a mistake made yesterday. The article
about slot machine tokens was submitted by erstwhile
contributor Howard Daniel. We are sorry about the
oversight.
Friday is the 60th anniversary of Pearl Harbor. We
have at least two items for publication to mark the
event. If you have anything or just want to make a
comment on the numismatics of the event or the era, we
will certainly be happy to have it. At a minimum,
someone ought to have some HAWAII notes for sale.
Please send us the listings so that we can run them on
that special day! Come on you dealers out there!
==============================================
                  Mail Call
----------------------------------------------
Dear Gramsters:
   I cannot believe that I have read and looked
forward to 500 Grams! What a superb job well-done for
all contributors. Kudos galore to that great friend of
mine, Fred, who through his patience with me in dozens
of ways has made my life richer. There is NO
comparison to his friendship and wisdom which he
shares in spite of my own shortcomings in reflecting
the same. The Gram has become my friend too and I look
forward to becoming more involved in the near future
to make other Gramsters my friends also. Deserved good
wishes for future Grams. Thank you. 

Doctor T. 

Dear Gram,
   HHHHHHHHHelp!!!!!! I've done something stupid. I
purchased a red 1/4 NAAFI token ( SB 346 ) that was
used in Egypt from Ian Marshall. While attempting to
remove it from its holder, I, 'um, kind of broke it! A
nice clean break in two. I also ripped off a tiny
corner fold on 1 reichsmark ( SB 146 ), but that's
another story. Stupid and stupider! Anyway, is there a
way to repair the token? Should it be fixed? Elmer's
or crazy glue? Also, congratulations on the 500th
issue. Have been around for about half of them. Keep
up the good work and here's to another 500!

 SJ
================================================
          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, Marcus Turner, Fred Schwan
{running total 23}]

 Three airports are reasonably available for the Fest.
In order of proximity they are:
  Toledo
  Cleveland
  Detroit (Metro)

 All three are reasonable. If you can arrive early
enough AND coordinate it well ahead, every attempt
will be made to pick you up at the airport to save on
rental cars. Festers are encouraged to coordinate
among themselves for rides. We will also run notices
in the Gram and, finally, we will try to coordinate
for Festers to run pickups from Fest central.
 

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 will return soon
---------------------------------------------------
 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


WANTED
Collectors may submit lists of items wanted for their
collections for listing here. Dealers and collectors
who have these items are then encouraged to list them
or sale in the above section. This is a trial, if you
like it, send your list.
===================================================
Staff: publisher and editor:
Fred Schwan - MPCGram@Yahoo.com;
assistant editor - Phil Goldstein IWANTMYMPC@aol.com
distribution manager - Brad Peacock bp22@swbell.net
Tuesday columnist Joe Boling – JoeBoling@aol.com
Thurski columnist Larry “Ski” Smulczenski
–skifla@prodigy.net
critic: Harold Kroll - MPCKid@AOL.com;
index manager: Ed Beaman
webmaster & technical advisor:
Doug Bell - (Wiz): doug@papermoneyworld.net; 
The Boss: Judy Schwan

=====
MPC Gram is published by BNR Press and papermoneyworld.com as a free service to the community of military money collectors. Your suggestions, criticisms, complaints, editorial contributions, letters, and even praise are very welcome. The entire contents including linked illustrations are copyright protected by the publishers. In the case of contributors, the copyright is protected on behalf of the creators. Please send all correspondence regarding the gram to MPCgram@yahoo.com. Thank you very much for your participation.

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