Press Release - July 8, 2004

Heritage World Coin Auctions to offer The Professor Wayne Newman Palmer Collection

Dallas, Texas: The magnificent collection of world coins assembled by the late Professor Wayne Newman Palmer will be offered by Heritage World Coin Auctions in its Long Beach Signature Auction, Sept. 8-11, 2004.

According to HWCA Director Warren Tucker, "Professor Palmer pursued his love of numismatics for nearly half a century. Although his interests included coins from around the globe, he was especially interested in the numismatic heritage of the British Commonwealth. His "Empire" collection included more than 10,000 coins, from the earliest issues right through all of the modern proofs."

"Especially strong," continued Heritage Consignment Director David Lisot, "were his holdings in British West Africa, East Africa, Southern Rhodesia, and Newfoundland, although every member of the Commonwealth was well represented. This consummate collector sought complete sets in every denomination in every country, from Australia-to-ZAR. His collection also included many of the rarest coins from these countries, missing only a few that are virtually unique."

The majority of Prof. Palmer's world coins will be sold in HWCA's Signature Auction being held as one of the official auctions of the Long Beach Coin Expo in September as Part Two of the collection, following the sale of his American coins in New York City in July (Part One). Part Three, Prof. Palmer's specialized world-class collection of Australian coins will be sold in New York City by HWCA next January at the New York International Numismatic Convention.

Wayne Newman Palmer was a well-respected Professor at Utica College in New York. Born July 12, 1929, Prof. Palmer earned his B.A. and M.A. in Mathematics, served in the U.S. Navy during the Korean Conflict, and then worked for General Electric. He joined Utica College in 1965 as an Instructor; after three decades teaching, he retired as Associate Professor Emeritus of Mathematics. Among other contributions, he served as President of the Utica College Council. To honor his grandmother, who raised him after his mother's death, Prof. Palmer endowed a scholarship in her name with more than $50,000 raised recycling cans and bottles.

In 2003, the Mohawk Valley Coin Club honored Prof. Palmer with a commemorative medal celebrating his 45 years of membership and leadership. He was also a Board Member of the Empire State Numismatic Association, an active member of the Royal Numismatic Society, and a member of the numismatic societies of America, Australia, New Zealand, and Canada. He authored many numismatic articles, and was a regular contributor to the Standard Catalog of World Coins.

Prof. Palmer's non-numismatic interests were varied and fascinating. He was a Life Master in the American Bridge League and served in several Bridge organizations. He served on the Board of the Stevens-Swan Humane Society, and taught an Ornithology course. He was a member of the Railway Historical Society.

Prof. Palmer died Feb. 20, 2004, and is greatly missed by students and colleagues in many disciplines.

Images, descriptions, and prices realized from prior auctions are available in the Permanent Auction Archives.

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