Farran Zerbe | |
---|---|
Born | Joseph Farran Zerbe April 16, 1871 Tyrone, Pennsylvania, U.S. |
Died | December 25, 1949 New York City, U.S. | (aged 78)
Occupation | Numismatist |
Joseph Farran Zerbe (April 16, 1871 – December 25, 1949) was an American coin collector and dealer who was the president of the American Numismatic Association (ANA) in 1908 and 1909. He served as chief numismatist (person responsible for selling government coins) at the World's Fairs in St. Louis (1904), Portland (1905),[a] and San Francisco (1915).
Zerbe was born in Tyrone, Pennsylvania, in 1871, and became interested in coins as a child. By the time he was 20, he was running a corner store in Tyrone, alongside involvement in other businesses. He joined the ANA in 1900, and thereafter made his living from coins. Accumulating a major collection of numismatic items, he exhibited them at the fairs and at local banks throughout the U.S. for over 20 years beginning in 1907. The high prices he charged for the commemorative coins issued by the U.S. Mint for the World's Fairs, as well as the fact that some of the coins sank in value after the fairs closed, earned him a reputation among some numismatists as a huckster.
Zerbe rose rapidly in the ANA, elected vice president in 1904 and subsequently president in 1907. His tenure as president proved controversial, as he purchased the privately owned journal of the ANA, The Numismatist, from the heirs of its founder in 1908, a transaction that some believed should have been on behalf of the association. A factional fight followed; Zerbe won, with his chosen successor elected. He continued to exhibit his collection at banks until selling it in 1928 to the Chase National Bank, and then served as its curator until his 1939 retirement. In 1969, he was posthumously inducted into the Numismatic Hall of Fame. The ANA's highest honor, the Farran Zerbe Memorial Award, has been awarded by the organization on an annual basis, though in 2021 the ANA Board of Governors voted to remove his name from the honor after that year's presentation. His other contributions to numismatics include the founding of the Pacific Coast Numismatic Society in San Francisco in 1915.
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