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Lincoln Assassination Newspapers Atlas…
January 14, 2016 by GuyHeilenman · 2 Comments
Rick Brown been collecting Lincoln assassination newspapers for over 50 years. He has also been a historic newspaper dealer and bought, sold, or brokered in excess of one million historic newspapers. Currently he has in about 200 original Lincoln assassination newspapers – Both Union and confederate. In that same time he been setting aside reprints of the April 15, 1865 New York Herald as he came across 
them. In 1992 he self-published “An Atlas of Known April 15, 1865 New York Herald Reprints.” In that work, all pages of 17 different reprint versions were shown. With concentrated efforts in 2015 he contacted a few major institutions and has now discovered 48 different/variants of this edition. His online version of the current atlas that shows all pages of 45 different variants. Also included in this online atlas is background information about the reprints – who published, when, how many pages, etc. The URL for his online Atlas is: http://www.historyreference.
An average of three April 15, 1865 New York Herald’s are listed on eBay EVERY WEEK – that’s over 150 per year. Almost all of these listings claim there’s is an “authentic,” “original,” or “genuine” edition. In the past 15 years he has been conducting weekly searches for “April 15, 1865 New York Herald” on eBay. There have been approximately 2,250 listings for this edition on eBay and ONLY TWICE the listings were actually original editions! Also, since he has been going to estate sales and auctions for over 20 years, he has seen a few hundred of these editions offered – NOT ONE OF THEM were an original!! Over 95% of these reprints were produced over 100 years ago so they LOOK OLD, Looking old does not necessarily mean it is an original. Buyer beware – Collector value for these reprint editions is $10-$20 depending on condition.
If you have a Lincoln-related Web site or know someone that does, please have them add a link to my online atlas.
Rick Brown
http://www.historyreference.
A Nonprofit Organization
Prices of newspapers… How have the changed?
February 20, 2015 by GuyHeilenman · 10 Comments
One of the questions we often receive at Rare Newspapers relates to the 
collectible investment value of newspapers over time. Most indicate they do not collect for investment reasons; rather, they do so for the love of “History in your hands.” The embrace our motto: “History is never more fascinating than when it’s read from the day it was first reported.” Newspapers provide glimpses of history in the context of both the exciting and mundane of the era in which it was reported. Still, the question remains. How has the value of Rare & Early Newspapers progressed over time? We posed this question to our founder, Tim Hughes, and the following was his response:
We have to keep in mind that this hobby is a very small one, and when I began 39+ years ago there essentially was no established market, nor any sort of price guide which offered a baseline of values based on content, condition, etc.
I came from the coin collecting hobby and knew from it that the more rare the item, the more values increased through the years. Common date pennies were selling in the 1970’s for about the same prices as from a decade earlier, while the rare dates/coins had increased substantially. I took this information with me when I opted for a hobby which had yet to be exploited by an established collecting industry such as coins, stamps, books, etc. Although I purchased veraciously during my earlier years, always fearful the supply of 150+ year old newspapers would dry up, I have found that the common, generic material was always plentiful—and still is today. What has not been plentiful are newspapers with historic reports, and newspapers which are themselves very rare. The “less plentiful” issues have appreciated considerably over the last 39 years, while generic issue values are really not much different today than they were 39 years ago. Example: I always offered a 10-issue wholesale lot ever since my first catalog, then priced at $19.50. The same lot today is $24.95, and I suspect some of that increase is more to help offset increased shipping costs. And I think we have a virtually unending supply.
How much have values of historic & rare issues increased? It can be difficult to say as we have never made a point to keep comparative records as it seemed a bit meaningless for our purposes. But in general I would say they have increased 5-fold to 10-fold in the post 30 years. I’m not going to consider my first 9 years in the business as any sort of gauge as I was still feeling my way thru the hobby; raising & lowering prices as my customers would react (or not react). An anecdotal story: early on in my enterprise I purchased a bound volume of a Santa Fe, NM newspaper from 1881. Amongst the 150 or so issues was a run of, perhaps, 40 issues each having a little reward ad for the capture of Billy the Kid. Figuring a novice such as myself coming across the volume, and the fact that there were so many issues with the ad, I logically presume it was not very rare. I think I sold those issues for $35 or so each. If I would have those issues today I think we could get $700 each. That 
doesn’t mean the value has increased by 2000%. It speaks more to my ignorance of what they should have sold for 35 years ago. Unfortunately that incident wasn’t my last such learning experience.
Perhaps one of the more “common” of the very historic issues would be the Gentleman’s Mag. with the Declaration of Independence. We sold it for under $2000 ten years ago, and now we sell them for $4000. So this document in this title has doubled in 10 years, and I could never say that it is “rare” as we encounter this issue perhaps twice a year. It is extremely historic, but not truly rare. Truly rare items would have increased much more dramatically. In fact truly rare items don’t come on the market any more. I have few qualms offering a truly rare event/newspaper for 4 or 5 times our last price if we only had it twice in 39 years.
As is always the case–and as it truly should be in a free market economy–the collectors ultimately determine the prices of our material. There have always been high-income collectors who have kept the rare items rising in value at a consistent rate, while more common items have languished in value because collectors are not taking them off our shelves.
I cannot say that there has been any period over the last 39 years when the hobby was either “hot” or “cold”. I think whether values have rising nominally or dramatically, they have done so in a rather consistent curve, unaffected by the economy or stock market ups & downs.
I still believe the hobby is very much in its infancy. The vast majority of people have no idea that our hobby exists, and I have always felt the time will come when that will change. I don’t have to tell you that in a comparative sense with other collectables, our hobby seem dramatically undervalued.
Tim
People collect rare newspapers for various reasons – investment purposes being one of them. Finding hidden historical gems, preserving history, immersing oneself in an era and/or event, as a companion collectible to another collectible interest, etc. What a great hobby!
Niles’ Weekly Register, a newspaper rich in history…
May 12, 2014 by TimHughes · 2 Comments
This post is taken almost entirely from the work by Bill Earle at www.nilesregister.com, whose database of the entire run of this notable newspaper provides a very inclusive perspective of life not only in America but the world for much of the first half of the 19th century. But this post offers insight beyond the Niles’ Register. It provides a perspective of the broader scope of newspaper publishing from this significant era.
The national and international newsweekly Niles’ Register is well known today primarily to collectors & those and genealogists who have sampled its treasures. But in the first half of the 19th century, the Register was as well known as the New York Times and Washington Post are known today. From 1811 to 1849, it was the principal window through which many Americans looked out on their country and the world. The scope of the work was immense, its circulation was large (the largest in the United States, by some accounts), and its influence was reflected in generous compliments from such readers of the publication as John Adams, Thomas Jefferson, and Andrew Jackson.
The Register was founded by Hezekiah Niles in Baltimore in 1811. A printer and journalist of Quaker background from the Wilmington-Brandywine-Philadelphia area, Niles had worked in Philadelphia and Wilmington before moving to Baltimore in 1805 as editor of the “Baltimore Evening Post”. When that paper was sold in 1811, he launched his “The Weekly Register“. The editor had large ambitions: he intended to be “an honest chronicler” who “registered” events not just for his contemporaries but for posterity as well. Although politics would be covered extensively, the Register would eschew any partisan slant — “electioneering,” as the editor called it. Furthermore, the paper would ignore local news in favor of national and international news. The paper would cost $5 per year, a premium price in an era when a dollar might constitute a generous day’s wages.
Niles had secured some subscribers before his first issue appeared on September 7, 1811, but those initial subscribers would be able to cancel after 13 weeks if the work did not meet their expectations. After six months, however, Niles was able to boast that few initial subscribers had withdrawn. Furthermore, so many new subscribers had signed on that the editor had had to produce three printings of some early issues to supply those who wanted complete sets of the new publication. Niles would never get rich producing the Register–his published complaints about slow subscription payments are a recurring theme throughout his career–but the paper was clearly well established almost from the outset.
The value that subscribers saw in the publication is easy to understand. It was exceptionally dense with material: there was no advertising, and only a handful of illustrations ever appeared (desired issues by collectors); consequently, the pages were packed with text. Furthermore, Niles frequently added extra value to the basic publication. He would occasionally reduce the type size if momentous events left him with important material that he needed to “get in,” or he would extend the regular 16-page length of the paper by adding extra pages. On a number of occasions, special supplemental volumes on topics of particular interest — occasionally amounting to hundreds of pages — were sent gratis to subscribers. One such supplement carried a very early printing of the Star Spangled Banner.
In addition to the sheer volume of material, there were two other outstanding aspects of the Register which distinguished it. First was its scope. While The Register emphasized political, commercial, agricultural, and industrial news, and paid only limited attention to cultural or social issues, it reported on events worldwide. Foreign coverage was more abbreviated than domestic reporting, but major events abroad were routinely summarized. Furthermore, Niles drew both domestic and foreign news from a host of sources — his own reporting and extensive correspondence, foreign newspapers and domestic “exchange papers,” commercial correspondence received in the major international port of Baltimore, and private correspondence passed on to him by friends and acquaintances. Finally, he emphasized “getting in” texts of major documents — texts of treaties, laws, and court decisions, transcripts of speeches, official reports, and records of Congressional proceedings (perhaps a quarter of the 30,000 pages that the Register eventually contained were given over to proceedings in Congress). Collectors love that Niles included within its pages the declaration of War for the War of 1812, the constitutions of many states as they entered the Union, inaugural addresses of Presidents of the era as well as their annual state-of-the-union addresses, the Monroe Doctrine, and virtually every other national document of note. For any significant national event “Niles Register” can be counted on to provide a detailed account.
Second was its even handedness. Niles’ pledge in the first issue of The Register to avoid party politics distinguished the paper from much of the American journalism of the era. Many newspapers in that day represented parties, or factions within parties, or even particular candidates, and political reportage was usually one-sided and strident. The Register, however, ignored the petty disputes between “the ins and the outs.” As a result, there is a balanced quality to the Register that gave it an authority no other publication of its time could match.
One other great advantage favored the Register: the richness of events in the era. The Napoleonic Wars were still going on when the Register first appeared, and its pages were soon thereafter crowded with the events of the War of 1812, reporting in fine detail all major battles both on land & the sea. The Texas war for independence including a nice account of the Battle of the Alamo can be found within its pages. Indian wars and foreign revolutions erupted periodically, and the war between Mexico and the United States occurred late in the period. Domestic debates about major national issues–the tariff, public land policy, slavery, internal improvements–continued ceaselessly. Industrial and technological developments abounded (the steam engine, the building of the Erie Canal & other canals and railroads, introduction of the telegraph), and an ample cast of larger-than-life characters was readily available–Napoleon Bonaparte, Tsar Alexander, the Duke of Wellington, Queen Victoria, Andrew Jackson, Davy Crockett, Sam Houston, John C. Calhoun, and so many others. It was an accident of history that the Register had all these fascinating developments and personalities to cover, but Niles made the most of it.
Hezekiah Niles’ editorship of the Register lasted 25 years. In 1836, advancing age and declining health obliged him to turn the paper over to his son, William Ogden Niles. William Niles had been raised as a printer/journalist, and was involved with other newspapers both before and after his term at the Register. His first editorial showed him to be his father’s son: he expressed himself determined to “maintain the well-earned reputation of the Register” and to “record facts and events without fear or favor, partiality or affection, — in brief, to preserve its national character.” However, he quickly showed that he had his own ideas, too. His first issue expanded the traditional format of the paper, he changed the paper’s name to “Niles’ National Register”, and he soon moved the paper to Washington, D,C., evidently hoping to extend the paper’s national political influence.
However, the move to Washington failed. The paper returned to Baltimore in 1839 and William Ogden’s tenure as editor ended that same year. During his editorship, legal title to The Register apparently remained with Hezekiah. When Hezekiah died in 1839, William Ogden’s step-mother, Hezekiah’s second wife, sold the property and William Ogden was out.
Jeremiah Hughes bought the franchise. A long-time resident of Annapolis (he was in his mid-fifties when he acquired the Register), Hughes was cut from the same cloth as his long-time friend, Hezekiah Niles. Both had served in the militia in the War of 1812. Most importantly, however, Hughes was a journalist, having been publisher of the Maryland Republican at Annapolis for many years. Thus, although the Whig partisanship of the Register increased notably during Hughes’ tenure, its essential news-reporting function was unimpaired.
Hughes’ editorship lasted until 1848 when business difficulties and declining health persuaded him that he could no longer publish The Register. It was suspended in March. The cause of the Register’s suspension is not clear. It may have resulted from nothing more than the ordinary ebb and flow of fortune in the publishing business. In a broader sense, however, the Register was clearly losing its special place in American journalism. The paper’s cachet had always been two-fold — its concise news summaries from around the United States and the world, and the relatively non-partisan tone of its political coverage — but the uniqueness of both these characteristics was being eroded by the late 1840s.
First, improved communications were making it easier for daily newspapers to offer the coverage from elsewhere that Hezekiah Niles had originally had to cull out of ship letters and exchange papers. By the 1840s, faster mail service via steamboats and railroads, as well as spreading telegraph lines, had deprived the Register of its exclusive franchise on this kind of reportage. Second, partisanship in American journalism was declining. By the 1840s, the newspaper business was established as an industry in its own right.
Rising literacy rates were giving the newspapers a growing market at the same time that improved printing processes were yielding a more affordable product to that market. The newly independent newspapers began to replace their former dependence on political ideology with a developing journalistic ideology, “objective” journalism, journalism without an obvious partisan slant. It is ironic that the Register missed this development in journalistic style. Hezekiah Niles had pioneered “objective” journalism–indeed, he is sometimes called its progenitor–but Jeremiah Hughes’ Register of the 1840s was much more clearly a partisan Whig publication than it had been in earlier years. Any partisan alliance would have hurt a paper such as Niles’ Register at a time when partisan journalism was waning, but an alliance with the divided and dying Whigs was particularly unfortunate.
Whatever caused the paper’s decline, it remained suspended until July, 1848. It then reappeared under the editorship of George Beatty from new headquarters in Philadelphia. Little is known about Beatty, but he apparently was a novice at publishing when the opportunity to acquire the Register arose. However, he made a serious effort to revive the franchise, and ran it for a year. But it was too little, too late. Beatty’s journalistic inexperience showed too clearly in the paper’s pages, and the Register’s place in the marketplace disappeared. The last regular issue appeared in June, 1849. Three abbreviated issues appeared in September, 1849, but they were the last.
In one sense, however, the publication never died. The full 38 years of the Register’s run is a common holding in libraries (either in paper or in 20th-century-produced microform), and bound volume commonly turn up in library deaccessionings. They are often found on booksellers shelves as well. Collectors relish the wealth of content while acknowledging its small size (some argue it was a magazine and not a newspaper) does not fit the expectation of a newspaper. But if any collector wished for a single-title collection of major events from 1811-1849, Niles’ Register would be the undisputed choice.
Consequently, it remains available for historians, genealogists, and certainly collectors of old newspapers. As one historian has said, “Probably no day passes without some researcher digging into the information supplied with so much care and responsibility by Hezekiah Niles.” The statement was made several decades ago — and Niles would be delighted to know it is still true.
#18 – America’s first newspaper… Check your attics. (*revisited)
April 18, 2014 by GuyHeilenman · Leave a Comment
The very first newspaper printed in the American colonies was published in Boston in 1690 and titled “Publick Occurrences Both Foreign and Domestick”. It was a little paper with three pages of text. The fourth page was left blank for others to write handwritten pieces of news before being passed on to others. It was published by Benjamin Harris who had experience in publishing another newspaper in London several years prior to his arrival in the colonies, titled “Domestick Intelligence, Or News Both from City & Country”.
His Boston effort focused on local news but it also included gossip and unflattering reports. One account notes it contained: “…affections of a very high nature: As also sundry doubtful and uncertain Reports…”. The mixture of doubtful and uncertain reports, as well as a ban on printing without a license which Harris did not have, caused his first issue to also be his last. Reports note that the royal governor had the printing press destroyed and all known issues of that one date of September 25, 1690 confiscated.
To this day only one genuine issue of the newspaper is known to exist, and unfortunately it’s not in the United States: it is in the Public Records office in London. Some years ago it was loaned to The Newseum in Washington, D.C. (then located across the Potomac in Virginia) for a period of time, but I believe it has been returned to London.
The intriguing part of this story is that “all known issues were confiscated and destroyed”. But exactly when did this happen? Was it done several hours since it was printed, or a few days later? It was intended to be a monthly publication. Certainly the possibility exists that a few issues were not found & confiscated, and with the owners knowing of the search they may have purposely hidden them away.
Could an issue or two still exist in a Boston attic somewhere? Is there a private library where an issue was hidden among the pages of a book in hopes of not being confiscated? Could a renovation project to a Boston area home reveal an issue tucked within its walls over 300 years ago? It is fascinating to think that some examples could be found so long after being published. But to this date none have surfaced.
Speculation runs wild as to the value of an issue should it surface. It’s America’s very first newspaper, and none exist in America. What sort of price could be set on such an issue? What should be the future home of an issue should it be found?
Feel free to comment!
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*The Fall of 2013 marked the 5th anniversary of the History’s Newsstand Blog by Timothy Hughes Rare & Early Newspapers. We are grateful to have the opportunity to contribute to the newspaper collecting community, and appreciate those who have participated through guest posts, comments, and readership. This year (2014) we are revisiting the top 25 posts (measured by activity), with the number 1 post being re-posted during the first week of 2015. Please enjoy. If you would like to contribute a post for consideration of inclusion on the blog, please contact Guy Heilenman at guy@rarenewspapers.com.
#21 – Pricing newspapers over 30 years ago… (*revisited)
March 7, 2014 by GuyHeilenman · Leave a Comment
In conversations with people about how I started this business, a common question is, “How did you know how to prices newspapers back then?” Well, the short answer is I didn’t.
This venture started as a hobby with no thought of it turning into a business. But when I started getting too many of a similar title or date, selling off the “unwanteds” became a more common occurrence. My simple thought was, if I had $3 for it, try to sell it for $5. If I did, the price stuck for future issues; if it didn’t, the price dropped to $4.
But this became trickier years later when I was buying for resale but didn’t have enough experience to know what to pay, nor what to price them at. Nor did anyone for that matter, as there were no price guides, nor sufficient auction records to offer a clue.
I was flying by the seat of my pants. If I thought an event was historic, say a major Civil War battle, I would pay the $5 price and increase it by 50% or so. If it sold, then the next time I inched it up a bit more. If it didn’t, I reduced the price a bit. Never knowing how high customers might go for an event, I might have “inched up” the price of an event 15 times over the coarse of 4 or 5 years until there was some resistance. I was careful to keep records of sales through the years–even in the pre-computer days–which was a tremendous assistance in assigning values to the myriad of historical events covering 300 years of history.
Did I sell some great material too cheaply in the early years? I sure did. Looking at some of my earlier catalogs I gladly pay five times the selling price of many items I sold. But it was part of the process. I remember nce having a volume of a Las Vegas, New Mexico newspaper from 1881. There must have been 30 or 40 issues with a small “Reward” ad for the capture of Billy the Kid. I think I sold those issues for less than $20 each. If I had 40 of them how rare could they be? Certainly I’ve learned through the years, and became smarter as well.
But we are still challenged today with some items. As we continue to find truly rare, almost unique issues it becomes difficult to assign values with no history or prior sales. But these are the fun challenges. As much as you may enjoy finding interesting items in our catalogs, I enjoy finding the unusual to offer.
Although this is a business, I have always gotten more joy from buying newspapers than selling them.
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*The Fall of 2013 marked the 5th anniversary of the History’s Newsstand Blog by Timothy Hughes Rare & Early Newspapers. We are grateful to have the opportunity to contribute to the newspaper collecting community, and appreciate those who have participated through guest posts, comments, and readership. This year (2014) we are revisiting the top 25 posts (measured by activity), with the number 1 post being re-posted during the first week of 2015. Please enjoy. If you would like to contribute a post for consideration of inclusion on the blog, please contact Guy Heilenman at guy@rarenewspapers.com.
#23 – Thoughts on the collecting of Obama inauguration newspapers… (*revisited)
February 7, 2014 by GuyHeilenman · Leave a Comment
It seems that with every election or inauguration I get asked about the collectability of such newspapers, so I thought I might share my thoughts with you, and encourage you to do the same.
USA Today – Obama Election & Inuguration
As for pure collectability, sure, election and inauguration issues are collectible because they document a very important part of American history and the democratic process. The smooth transfer of power from one person or administration to another does not come easily to many countries today. And to be able to add such historic issues to a collection for 50 cents or a buck is a great opportunity.
But I suspect the real interest of many who inquire about the collectability (of Barrack Obama election and inauguration issues) is the potential for such issues to increase in value. My opinion is, in general, no. They will not increase much in value in years to come. Now I’m speaking of “recent” history, say the last 30 years or so. I feel the public has become very collector-focused the last several decades, and many, many “historic” newspapers have been set aside in attics and drawers only to be found by their children many years later.
For a newspaper to appreciate dramatically in value I believe it requires several things: 1) Historic content. Yes, elections and inaugurations are historic; 2) Rarity. No, elections and inaugurations of the past 30 years are not rare because they were hoarded in large quantities and will always be relatively common; and 3) Something unique or dramatic. A “screaming” headline in tall, bold letters, or a cleverly worded headline, or something else which makes the issue unusual.
Supposedly the New York Times printed an extra one million issues of its January 21 inauguration issue, and I suspect most of them will be hoarded in quantity. The Washington Post printed a much larger quantity than normal, but they didn’t comment on the exact quantity. I’m sure it was sizable, and many of those issues will be hoarded. All this means that 20 years from now issues will be showing up on eBay (or its equivalent at that time) and anywhere else people might try to sell collectibles. With millions of such newspapers in the marketplace will the values get higher and higher? I doubt it.
Issues which tend to increase in value are those which were NOT saved. Most major headlines pre-World War II have appreciated nicely in value because they were not hoarded in quantities. I just don’t think the American public was collector-conscience then, so consequently they are genuinely rare in additional to being historic. And add a huge headline or terrific graphic and you have the potential for a very desirable newspaper; one which has appreciated nicely in value.
As an interesting side note, I understand that the New York Post printed a special afternoon inauguration edition on January 20. Given that most major newspapers are morning publications, coverage of the inaugural proceedings would be in their September 21 issue. But the Post had coverage in their January 20 issue, the same day as the election. A friend, stopping by a newsstand in New York city bought several issues of the Times of January 21 and noted a stack of other issues in the back. Inquiring what they were he was told it was the Post of the 20th, “…but they came in too late to be sold on the newsstand, so they will be returned. We can’t sell a day old newspaper…” the friend promptly purchased them all. I’d be curious to hear how many of the January 20 afternoon edition were actually sold on the streets and not returned for destruction. Perhaps that edition will have a real rarity component.
But don’t let this deter you from collecting historic events of the last 30 years and events yet to come. One of the great aspects of this hobby is the ability to assemble a great collection of truly historic newspapers at a nominal cost–at the newsstand price if you are lucky.
What are your thoughts?
Note: The Times News (out of Lehighton, PA) interviewed Tim concerning this topic. The article may be accessed at: http://www.tnonline.com/about
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*The Fall of 2013 marked the 5th anniversary of the History’s Newsstand Blog by Timothy Hughes Rare & Early Newspapers. We are grateful to have the opportunity to contribute to the newspaper collecting community, and appreciate those who have participated through guest posts, comments, and readership. In 2014 we will revisit the top 25 posts (measured by activity), with the number 1 post being revisited during the first week of 2015. Please enjoy. If you would like to contribute a post for consideration of inclusion on the blog, please contact Guy Heilenman at guy@rarenewspapers.com.
#24 – Lincoln’s assassination in a Washington, D.C., newspaper… (*revisted)
January 17, 2014 by GuyHeilenman · Leave a Comment
One of the (positive) frustrations we have always dealt with as a rare newspaper dealer is not being able to share some of the best material which comes our way. Not surprisingly very rare and very historic items have a waiting list of customers waiting for it to come into inventory and such newspapers are typically sold before they have the opportunity to be listed in a catalog. But here is where our blog is of value, allowing us an opportunity to share some nice material even though no longer available for purchase.
Holding true to the belief that newspapers from cities where historic events took place are the best to have, our recent sale of the “Daily Morning Chronicle” of April 15, 1865 from Washington, D.C. fits this description very well. Although purchased by a member with a *“want list” for such material, the issue is too fascinating not to share with others, hence this link to the listing and photos.
Enjoy one of the best newspapers to have on Lincoln’s assassination.
Note: Although we manage a want list for key material, with thousands of such wants, the system is not perfect (i.e., we occasionally miss an item on someone’s want list and it ends up being purchased through a member or public offering). We simply promise to do the best we can. If you have key content of interest, feel free to be in touch.
*The Fall of 2013 marked the 5th anniversary of the History’s Newsstand Blog by Timothy Hughes Rare & Early Newspapers. We are grateful to have the opportunity to contribute to the newspaper collecting community, and appreciate those who have participated through guest posts, comments, and readership. In 2014 we will revisit the top 25 posts (measured by activity), with the number 1 post being revisited during the first week of 2015. Please enjoy. If you would like to contribute a post for consideration of inclusion on the blog, please contact Guy Heilenman at guy@rarenewspapers.com.
Gift of newspapers can spark a life-long hobby…
April 8, 2013 by TimHughes · Leave a Comment
A recent piece on the web concerning the gift of a “stack of old newspapers” (see the hyperlink) to a grandson is a common story in our collecting world. A woman from Racine, Wisconsin, gave her grandson a box of historic newspapers, mostly World War II headline reports but including other events of the post-war era, collected by her husband. The photos show some nice banner headlines, several of the issues being the “Chicago Tribune” but including other titles from the Midwest.
Such finds, or gifts, are typically the catalyst for a new-found hobby. And newspapers from the last 60 or 70 years can be found for even the most modest of collecting budgets. Our website features major events of World War II, the Holocaust, the space race, baseball, Korean War, Vietnam War, Watergate–you name the event and it’s likely among the 2600+ issues from this era found on our website. Many prices range from $20 to $40 while some more significant events or dramatic headlines achieve higher values, and would be among the best newspapers for any collection.
For the beginning collector, the 20th century is an excellent entree to the much bigger world of our hobby which can includes newspapers back to the 16th century. Large headlines or events remembered by elder relatives bring to life the events which were formative to the American experience of the last 70 years. See: Stack of Old Newspapers
Countdown to “Newspapers that changed the world…”
October 24, 2012 by GuyHeilenman · Leave a Comment
Each month Timothy Hughes Rare & Early Newspapers releases a catalog containing a new set of historic and collectible newspapers (1600′s through 20th century). However, on November 1, 2012, at 12:01 AM ET, the special edition, “Newspapers that changed the world…” will be released. Whether you already collect newspapers, or desire to simply view a sampling of what the hobby has to offer, check back for this special occasion:
Prior to November 1, 2012 and after November 30, 2012, the link below will take you to the most recent offerings of Timothy Hughes Rare & Early Newspapers… History’s Newsstand! During the month of November it will take you to the special release catalog, “Newspapers that changed the world”.
View: “Newspapers that changed the world…“
Newspaper Confederate bank note creates a crisis…
October 1, 2012 by TimHughes · 2 Comments
Having recently come across the Feb. 24, 1862 issue of “The Philadelphia Inquirer” (see photo) it reminded me of what this innocent looking front page image of the Confederate five dollar note did in creating a crisis in the Confederate Treasury.
Several months ago the “Opinionator” blog of the New York Times did a very nice piece on the fascinating history of this note and its consequences, which we share with our collectors:
In March 1862, an unusual ad began appearing in Northern newspapers. Among the shops selling pianos and patent medicines, sheet music and sewing machines, this one stood out: it promised “perfect fac-similes” of Confederate currency. There were seven kinds of notes for sale, and testimonials from The New York Tribune and others praising the replicas for their high quality and low prices. Five cents bought you one. Two dollars bought a hundred. Fifteen dollars bought a thousand. The word “counterfeits” never appeared. These were “Mementos of the Rebellion,” sold by a Philadelphia shopkeeper named Samuel Curtis Upham.
Upham didn’t look like a counterfeiter. He didn’t hide out in the woods or perform daring jailbreaks. He didn’t run from the police. He was a respectable small-business owner and devoted Northern patriot. He ran a store that sold stationery, newspapers and cosmetics. But he was also an entrepreneur with an eye for easy profit, and the Civil War offered the business opportunity of a lifetime: the ability to forge money without breaking the law. Confederate currency, issued by a government that was emphatically not recognized by the Union, had no legal status in the North, which meant Upham could sell his “fac-similes” with impunity.
Over the next 18 months he built the most notorious counterfeiting enterprise of the Civil War — one that also happened to be perfectly legal. His forgeries flooded the South, undermining the value of the Confederate dollar and provoking enraged responses from Southern leaders. He waged war on the enemy’s currency, serving his pocketbook and his country at the same time.
Upham first got the idea the month before, on Feb. 24, 1862. That day, customers kept coming into his shop to buy The Philadelphia Inquirer. Puzzled, he asked one of them what made that particular edition so popular. The answer was on the front page: the Inquirer’s editors had printed a copy of a five-dollar Confederate note. Philadelphians had never seen Rebel money before and were fascinated by it.
Upham saw a chance to cash in. He raced to the Inquirer’s offices, bought the plate of the note, and printed 3,000 copies on French letter paper. They sold extremely well. Along the bottom of each bill, he included a thin strip that read, in small print, “Fac-simile Confederate Note,” with his name and address. The tags could easily be clipped off, transforming the “fac-simile” into an excellent counterfeit.
After his first print run, Upham rapidly expanded his inventory. He took out ads in newspapers, promising to pay in gold for more specimens of Southern money. At first, it seemed possible that he sincerely thought of his reproductions as souvenirs. In early 1862, most Northerners still expected the war to be brief and glorious. They wanted “mementos of the Rebellion” before the Union crushed it. By the time Upham launched his publicity campaign in March, however, his business had clearly evolved from a modest retail operation into a high-volume wholesaling enterprise. No one needed 1,000 souvenirs: people were clearly using his products for a less innocent purpose.
By April, Upham’s fakes began appearing in Richmond, the Confederate capital. They caused a sensation at the Confederate Treasury Department, and a Treasury officer persuaded the editors of the Richmond Daily Dispatch to inform the public about the new threat. “This note is well calculated to deceive, and in nearly every particular is a fac-simile of the original,” they wrote, condemning the forgeries as “Yankee scoundrelism.” In May, the Dispatch discovered one of Upham’s notes with the margin bearing his name and address still attached. “Who is this man Upham?” they asked. “A knave swindler, and forger of the most depraved and despicable sort.”
By then, Upham had grown his business considerably. In an advertisement published in late May, he claimed to have sold half a million notes in the past three months. He now offered 14 varieties of Confederate notes, postage stamps, and “shinplasters” — fractional bills worth anywhere from 5 to 15 cents — and printed his fakes on real banknote paper. Ingeniously, he even fulfilled orders through the mail. For 50 cents, plus 18 cents for postage, customers throughout the Union could have a hundred of Upham’s notes delivered.
Southerners responded with outrage. They became convinced that Upham belonged to a covert Union plot to devalue the Confederate dollar. For the Philadelphia shopkeeper to be able to advertise his counterfeits openly and send them through the mail meant the authorities must have given him permission or, possibly, material support. Moreover, Union troops spent counterfeit Confederate cash in large quantities — evidence of “a deep laid scheme on the part of the thieving, counterfeiting North … to undermine the Confederate currency,” in the eyes of the Daily Richmond Examiner.
In the summer of 1862, Upham’s notes inundated northern Virginia, brought by Union forces marching south from Washington. A Southern journalist observed men “fortified with exhaustless quantities of Philadelphia Confederate notes,” which they used to buy everything from horses to sugar to tobacco. When one of the soldiers ended up a prisoner in Richmond, the Confederates found one of Upham’s advertisements on him. The shopkeeper’s counterfeits appeared “wherever an execrable Yankee soldier polluted the soil with his cloven foot,” fumed the Richmond Daily Dispatch.
By the summer of 1862, as fake cash flowed across the border in ever greater quantities, the Confederate leadership took notice. On Aug. 18, President Jefferson Davis discussed the threat in a message to the Confederate Congress. Counterfeit Confederate notes were “publicly advertised for sale” and furnished to “the soldiers of the invading army” with the full “complicity” of the Union government, Davis declared. Later that day, Confederate Treasury Secretary Christopher Memminger submitted a report to the House of Representatives that reiterated Davis’s concerns and singled out Upham’s role in the crisis: “[P]rinted advertisements have been found stating that the counterfeit notes, in any quantity, will be forwarded by mail from Chestnut street, in Philadelphia.” By then, forged bills had been found far from the Union border, in Atlanta, Savannah, Montgomery and other cities of the Deep South. There was “no means of knowing to what extent they have been circulated,” the Richmond Daily Dispatch warned.
Hamstrung by a disorganized government and mounting logistical challenges, the Confederacy couldn’t stanch the surge of counterfeit currency. Despite Southern claims, however, it’s unlikely that the Union government ever actively promoted the forging of Confederate money. Federal authorities most likely found it easier to ignore the forging of Southern bills than to take a position either for or against it. They certainly never interfered with Upham, who freely continued forging Confederate cash until August 1863. By that time, the value of the Southern dollar had fallen so low that it was hardly worth counterfeiting. During the 18 months that Upham operated his venture, the purchasing power of the Confederate dollar disintegrated. Between February 1862 and August 1863, the value of Confederate paper money fell by ninety percent.
Upham wasn’t the only reason behind this collapse. Fake cash plagued the Confederacy from the beginning, supplied by Northern and Southern counterfeiting gangs. Gross mismanagement of Southern finances led to runaway inflation, which posed an even greater danger to the Confederate dollar. But Upham’s impact was significant. He later estimated that he had produced $15 million worth of Confederate bills. If all of that ended up in the South, it would have made up almost 3 percent of the total money supply — a large amount for a single counterfeiter. In March 1862, his business had only just begun. Over the next year and a half, he would become one of the strangest success stories of the Civil War: a legal counterfeiter, driven by patriotism and personal gain, who struck at the financial heart of the Confederacy from the safety of downtown Philadelphia.