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Show Page 15-T- Thursday, October 5, HERALD, Provo. Utah HE 1972 5narf investment Rare Cons Are Fasf Becoming a a Barron's article on smart The publication investments. NEW YORK (UPI)-R- are rose as coins, which are edging up on said some rare coiru race horses and 18'Ji century much as 80 per cent in value in French furniture as the best 1971. The tetradrachma probawill bly would bring (24,000 if it of 1372, Investments receive an acid popularity test came on the market today, the at an unprecedented auction experts say. Schulman's auction will dislater ihis year. Numismatic coins the kind perse 1,000 gold and 2,000 silver an coins, about 80 per cent of collectors average 60 per cont in value in which had been previously unknown to the numismatic 1971 and are continuing the increase, ac -- rding to such world. They were salvaged a experts as economist Franz decrde ago from a Spanish M. S. fleet wrecked off the Florida Pick, dealer Hans Schulman, and Barnn's, the coast in a 1715 hurncane while financial weekly. Recent auc- en route to Spain with treasure tion prices in the United States newly minted in Peru, Colomoften have been double or more bia and Mexico. The gold coins t b e auctioneers' estimates, were unaffected by their long especially for rare gold coins. immersion. "It's the largest sunken "Good numismatic coins will said treasure ever found and the and and up," up, go up, Schulmar, who will offer 3,000 first cache of Spanish gold early 18th century Spanish coins ever found in any wreck," "pieces c! eight" at auction at said the amiable dealer whose Hotel Nov. family switched from collecting the Waldorf-Astori- a "People have less and coins to selling them two less trust in the currency of the generations ago in Amsterdam. country and the devaluation of "I think most of the coins will the dollar has convinced them go into American and Spanish even more so. Very few coin collections. There may be some but collections are sold for less museum than what they cost the museums often miss out on auctions because they can't collector." Dr. Pick, who places numis- raise funds quickly enough." matic coins third after horses , Spanish Galleon Treasure Schulman estimates that the and French furniture on his annual list of top growth galleon treasure he is selling investments, is equally bullish: for the salvagers, Real Eight "The decline of the dollar Co., will bring between (1 didn't affect the value of million and (1.5 million. Some numismatic coins at all," he of the silver coins, badly eroded said. "As investments, dia- by salt water, may sell for as monds are crap. But when you little as (10, placing them can sell 14.4 grams (a half within range of the collector of ounce) of silver for (20,100, you modest means, he said. "That's the real beauty of haven't invested in crap." coin collecting," observed the (20,000 Greek Coin He referred to the sale in onetime numismatic adviser to Zurich last year of a 460 B.C. King Farouk of Egypt. "It is Greek silver tetradrachma for the hobby of kings, but you can (20,100, which was duly noted in buy as interesting historical By FREDERICK M. WINSHIP coins for (10 as you can for 11,000. This applies to Greek ably and Roman coins as the most popular area well-prob- of collecting." Schulman estimates" there are about 100,000 serious coin collectors in the United States and about 1.5 million more with of old coins. accumulations Louis Eliasberg, a Baltimore banker, has the largest private collection in the nation and the American Numismatic Society in New York has the largest public collection. A major American collection -t- he Metropolitan Museum's (2 million trove of Roman, Greek, Byzantine, and Islamic coins-- will be sold at a series of auctions in Zurich beginning No?. 10. The museum needs the money and wants to take Washington. The late Farouk, who accrued 0 1.5 million Egyptian and advantage of prirue market European coins, owed conditions in the numismatic Schulman $300,000 when he was field. dethroned. Schulman spent 18 Smithsonian Collection monCa in Egypt seeking Schulman was instrumental restitution from the governin persuading the government ment He won an appeal to the to obtain ti (5.5 million Egyptian Supreme Court and collection of the late Josiah K. was paid with money from the Lilly II, the Indianapolis auction of Farouk's collection in pharmaceutical tycoon, for the Cairo in 1954. Smithsonian Institution. CoSchulman considers American ngress also has chartered an coinage, especially the Colonial organization called the Ameri- period, as a major area of Association can Numismatic collecting. He is fascinated by a which has opened a coin little known ' aspect of this museum in Colorado Springs, coinage the token money isColo., and an authentication sued by business firms during laboratory for public use in the Civil War. post-180- a n UN'S 27-2- The highest price Schulman ever obtained at auction for an American coin was (43,500 for a 1907 (20 gold piece aold last April. It was ."are because the edge design had been left off. An 1894 San Francisco mint dime, one of five known, was sold privately for (50,000 this summer. The highest price ever paid at public sale for an American coin was (77,500 two years ago for one of seven known specimens of the 1804 silver dollar. 1972 Penny Is Rarity The newst rarity is the 1972 double-di- e penny which is in 1972 error. Schulman is not impressed, calling the penny "an item for collectors who have a penny book and have to fill in all the holes." "If you have to fill in all the holes, you're going to be disappointed," he warned. "Even the U.S. Mint collection of American coins isn't complete." Fake gold coins are dealers' biggest headache. Schulman said ancient fakes are easy to tell but modern fakes most of which originate in the Middle East are more difficult because the fraudulent engraver selling for over (100. The is usually just as good as the lettering has a shadowed legal engraver. appearance because of the die "Fortunately, they always rzi make one little mistake that can be found through inspection under magnification," Schulman said. "If there are 25 rays around the sun, they're likely to leave out one." Schulman's personal field of Asian is coins, collecting especially Chinese. The first coinage was devised by the Chou dynasty in the form of small bronze spades and knives more than 3,000 years ago. He refuses to compare coin collecting to stamp collecting, but admits coins are "less practical when leaving a country fast." "They may be heavier and more difficult to hide than stamps, but they're much less perishable," he said. n purchases, For J. BROWN UPI Travel Editor Americans who enjoy sailing the seven seas in style will be able to chocss from more ships and schedules during the 1972-7- 3 cruise season. Over 1,000 cruises already have been listed for the months by the major steamship companies mainly foreign Hag competing for the lucrative American market. They range from two-da-y sailings to the Bahamas for about (100 to voyages lasting round-the-wor- ld The 65,000-to- Queen n Is Eli- zabeth 2 has scheduled two cruises to Israel special air-se-a this spring in connection with the 25th anniversary celebration of the Jewish state. The Cunard, 'Lines' luxury also has 13 Caribbean cruises listed this fcj and (100,000. Norfolk seaport but Florida and California ports are offering new ships and increased sailings as are warm some of the water ports in the Caribbean this year. Miami and Port Everglades have been gaining in popularity, particularly with cruise passengers from the midwest and southern states. It's a day run up and down the coast by ships based in New York and the Atlantic can be rough and cold in the winter while the Florida ports are only hours by plane from most 21 CU.FT. FREEZER based or fly one way and sail the other. Passengers also have a wide variety of special sailings such as cruises to nowhere, for singles only, for bridge players, music lovers, Christmas shopping and various holidays, etc. more than three months for more than Once again, the tig luxury liners have been diverted from regular services to cash in on the cruise boom. In addition, nearly a dozen new or refitted ships will join the more than 90 liners already in cruise service from ports in the United States and nearby islands. New York remains the major GIBSON Season 1 972-7- 3 By MURRAY SPECIALS FROM GIBSON! A More Cruise Ships, winter, with sailings New York, Boston, from and Port Everglades and ranging from three to 16 days. Hundreds oi regular and special cruises out of New York to Bermuda, the Bahamas, West Indies, South America, Africa, Mediterranean and other destinations have been listed by Holland America Cruises, Swedish American, Norwegian Americr, Hapag-Lloy- SUPPLY! FREEZER FIRST COME FIRST SERVED m THE NEW 1973 MODELS ARE HERE! LAST YEAR'S MODELS HAVE TO BE SOLD NOW TO MAKE ROOM! THIS IS A LEGITIMATE SALE TO CLEAR THE FLOOR! SO NOW IS THE TIME TO SAVE ON THAT TV OR STEREO! Portable Cassette Tape Recorder d, Greek, Italian, Home and Flagship Lines among others. From Miami, Norwegian majorities. air-se- a Numerous Caribbean, Royal Caribbean, packages are offered by air- Carnival Cruise, Commodore Eastern Steamship, lines and steamship companies. Cruise, Passengers can fly to and from Costa and Sun Lines also offer the port where their ship is scores oi special winter cruises in addition to regular year-roun- d scheoJes. Cruises range from two-da- y sailings to the Bahamas (from about (100) to cruises with ports of call in the Caribbean, Mexico, and Central and South America. Eight liners will operate regular services out of Port Everglades this winter, including two newcomers, while at ROCHESTER, N.Y. (UPI)-Ro- bert least 20 others make calls to H. Gudger is probably embark, or disembark passenthe first "ombudsman" em gers. Sailings include voyages to the Bahamas, ployed by any major American GIBSON 19 CU.FT. Lit WUSY LIMITED French, Flagship The French Line's flagship France is scheduled for 10 cruises also from New York, Norfolk and Port Boston, Everglades to the Caribbean, South America, Africa and the Mediterranean. It also has a special sailing from Cannes in April for a silver anniversary call on Israel. tu anil v 111 time-savin- g Ombudsman ACDC model 9029 offers superb recording and playback functions with such quality functions as Cassette Eject button, Record Monitor and Batter Meter. Complete with batteries and a blank cassette. 21-d- Employed By Company three-to-45-d- corporation. His official title is employe relations manager for the Caribbean, O'Neill, president of Xerox's ca, Africa, Early Mediterranean. (Q American-mo- del 7324, on conceal ed swivel casters. The beautiful maple cabinet is constructed in the finest Magna-vo- x tradition. Only a limited supply of this model so hurry in today! Mexico, South America, Africa, Europe. and the West Coast and even longer cruises to the South Seas, Far East and jround the world. Cruise programs out of Los Angeles and San Francisco also have been expanded with at least six ships making their dvbut in U.S. service sailing from the West Coast ports. Destinations include Mexico, Xerox Corporation in Monroe County. But his unique duties have gained him the title of the functionary who for more than 100 years in Scandinavian countries has inquired into citizen complaints against administrative officials. The company calls him its "conscience" in the area and he reports directly to James P. the West Indies, South AmeriInformation SAVE HOW ONLY $ NOW ONLY (O) (0) Q(0) MAGNAVOX HOME ENTERTAINMENT CENTER mi fiiw WE INVITE charge accounts Black Sea, South Pacific, the (ITG). 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