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The modern day coin folder's invention is disputed by two major rivals. One take has that the folders were invented by R.S. Yeoman of The Whitman Company just before World War II. Yeoman took the old penny board design and simply folded over the portions to create a book (or folder). [3]
The new company sold Whitman Coin Products and other adult lines to St. Martin's Press. St. Martin's, in turn, sold Whitman Coin Products to the H. E. Harris company, another publisher that specialized in coin and postage stamp collecting materials. H. E. Harris was then renamed Whitman Publishing, which continues to produce primarily coin and ...
On some coin boards the bottom of the face will also provide some historical and technical information about the coin series, as well as misguided instructions for cleaning coins. On the most common coin boards, those published by Whitman, this information was later moved to the back of the board, and this is more typical for other publishers, too.
Unable to pay its bills, Hamming-Whitman left Western with thousands of books. As a result, Western acquired Hamming-Whitman on February 9, 1916, and formed a subsidiary corporation, Whitman Publishing Company. It employed two salesmen and, in the first year, grossed more than $43,500 liquidating the remaining Hamming-Whitman books. [1]
The Red Book has its own Red Book – A Guide Book Of The Official Red Book Of United States Coins by Frank J. Colletti published 2009 by Whitman Publishing (ISBN 978-0-7948-2580-5). A facsimile of the 1947 edition was published in 2006, on the 60th anniversary of the publication of the first edition.
Bowers discovered that 484,000 had been minted and became inspired to find one himself. Rusbar would give Bowers a couple of blue Whitman coin folders and a few mintmarked Lincoln cents to get started. Inspired with the idea of making money by selling coins, rather than cutting grass, Bowers traded a $10 bill for 1,000 mixed Lincoln cents.
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