Why was it so important that the Josiah K. Lilly Collection become part of the National Numismatic Collection at the Smithsonian? What made this collection so important and what made the buildingof the Lilly Collection possible? The quality and quantity of the coins were so exceptional because Mr. Lilly could acquire full or nearly full sets formed by collectors before him. These included $1to $4 gold from the Anderson Dupont Collection; $5 and $10 gold from the Clifford Weihman Collection; $20 double eagles from the Robert Schermerhorn Collection; Pioneer and Territorial gold coinsfrom the F.C.C. Boyd and the Brand collections. All these became available during the 1950s and early 1960s. This was a somewhat unique period when there was a great change of ownership from some oldtime collections to a new group of buyers.

In addition, World gold coins and Ancient gold coins also became available during this period partly as a result of World War II. Additionally an advance in prices on the market caused manycollectors at this time to choose to sell by private sale or at public auction. Stack's had a number of sales during the period, and many coins that had been difficult to find earlier becameavailable. We were fortunate to be able to acquire many items during this time as we took advantage of the situation.

Josiah K. Lilly was collecting at the right time and place!

Once Congress approved the Bill to acquire the Lilly Collection coins for the Smithsonian in Washington, D.C., the collection was carefully packed, under the personal supervision of Dr. and Mrs.Clain-Stefanelli, and shipped by armored truck to Washington. I was honored to be invited to the Smithsonian for the arrival of this great collection, one that I had been involved with for some 16years. I opened many cases, helped place the coins in special drawers within the vaults of the National Numismatic Collection, and worked with the Clain-Stefanellis and other staff to store the coinsuntil they were ready for display.

Work began on creating an appropriate space to exhibit this massive collection of gold coins to the public. The Smithsonian provided an enlarged gallery for the display of many of its numismatictreasures. It measured more than 3,000 square feet and would have wall cases, and flat display cases. For the wall cases there would be a mounting device for each coin with the description below. Theareas for each series were carefully calculated.

Lighting had to be installed to illuminate the collections. I was there many days helping the staff arrange the display, and prepare literature to be distributed to those who came to view thisrare collection of gold coins. I was present during the grand opening, and it received rave notices from visitors and great publicity from the world press. It was an historic event!

To read the complete article, see:
Building a World Class Numismatic Gold Coin Collection The Josiah K. Lilly Collection Part 33(http://www.stacksbowers.com/News/Pages/Blogs.aspx?ArticleID=2643)

To read the earlier E-Sylum articles, see:
DONATING THE JOSIAH K. LILLY COLLECTION (http://www.coinbooks.org/v20/esylum_v20n31a25.html)