Stephen L. Tanenbaum, 62, was fatally injured Feb. 11 in New York
City when he was struck by a car driven by fleeing murder suspect
Maksim Gelman (see related story, Page 54). He was not killed
immediately, but died of his injuries later.
Mr. Tanenbaum was an expert in Civil War tokens, Hard Times
tokens, inaugural medals, merchant and transportation tokens, and many
other areas of exonumia.
A collector since childhood and a dealer for more than three
decades, Mr. Tanenbaum was known to have assembled consummate
collections of his own of exonumia in which he also was a dealer. He
was often the go-to person to answer questions in many esoteric areas,
often in areas of extremely rare and sometimes unique material for
which Mr. Tanenbaum held the only known examples.
Born in the Bronx, N.Y., Mr. Tanenbaum was reared in White Plains,
N.Y. He earned a bachelor of science degree and master of science
degree, both in material sciences, from Cornell University, followed
by a master’s degree in business administration from the Massachusetts
Institute of Technology’s Sloan School of Management.
Mr. Tanenbaum worked as a financial analyst for several years for
the Xerox Corp. in Rochester, N.Y. When he lost his job due to a
company-wide downsizing in the early 1980s, Mr. Tanenbaum took his
severance package and pursued his dream of a numismatic career,
according to his older brother, Andrew.
Andrew said Steve never returned to the corporate world.
Andrew Tanenbaum said Steve became involved in collecting at a
young age. Andrew recounted how Steve, at around 8 or 9 years old,
asked their father for $100. Steve took the $100 and went to the bank
to obtain rolls of 5-cent coins. He’d remove what he wanted,
substitute replacements and return the coins to a different bank,
asking for another denomination and repeating the process again and
again, according to Andrew.
Steve continued to search rolls the remainder of his life, Andrew said.
During his time in Rochester, N.Y., Steve Tanenbaum pursued
dealing in tokens and medals part-time, going full-time in 1981. Mr.
Tanenbaum formed a business partnership with Richard Rossa in 1978,
under the name Rossa & Tanenbaum — Tokens and Medals. That
partnership lasted many years. The partnership made its debut at the
1978 American Numismatic Association in Houston.
In recent years, Mr. Tanenbaum had been separately affiliated with
fellow token and medal dealers Ernie Latter from Florida and Steve
Hayden from South Carolina.
The loss of Mr. Tanenbaum in terms of exonumia knowledge and
research is immeasurable, according to colleagues and fellow collectors.
At the time of his death, Mr. Tanenbaum was spearheading a group
of Civil War token collectors researching for publication the upcoming
third edition of the store card catalog Civil War Store
Cards, originally written by George and Melvin Fuld.
A longtime member of the Civil War Token Society, Mr. Tanenbaum
was serving at the time of his death as its vice president, a position
he had held since 2004. Mr. Tanenbaum had also been elected to eight
two-year terms on the CWTS Board of Governors, and was most recently
elected to serve on the board for the 2011-2012 term. He served as the
CWTS verification officer for almost the last 10 years.
Mr. Tanenbaum was in charge of the CWTS Hall of Fame medal program
and was named to the CWTS Hall of Fame in 2004.
According to the CWTS Web site, at www.cwtsociety.com/: “Steve Tanenbaum is
considered by many to be the most knowledgeable active person in the
field of Civil War tokens. He has been relied upon for many decades as
a consultant, editor, and contributor to numerous CWT works. ... Steve
has handled, purchased, and built some of the greatest modern-day
collections, although he always considers himself a collector first.
He has discovered hundreds of new varieties, previously unknown die
states, and odd Mint errors. ...”
Colonial Americana dealer John Kraljevich Jr. said among Mr.
Tanenbaum’s numismatic discoveries was the still unique Newman 17-T
variety of 1787 Fugio cent, (1776 Continental Currency Coinage
& Varieties of the Fugio Cent by Eric P. Newman) in 1979 as
well as several varieties of Connecticut coppers.
Mr. Tanenbaum was co-author with Steve Hayden and Katherine Jaeger
of A Guide Book Of United States Tokens And Medals.
Kraljevich said of Mr. Tanenbaum: “When I met him about 1989 at
the Garden State Token and Medal Show, I hadn’t yet turned 12. I came
to the show, full of enthusiasm and curiosity, toting my mom along
“Steve and his partner, Rich Rossa, were gracious enough to sit
with me, teach me, and explore the various areas I was interested in
despite the fact that I had no real money to spend. Steve was
constantly encouraging to me as a kid and sold me some of my favorite pieces.
“When I came back to coins as a professional at Bowers and Merena,
Steve was gentle with his critiques and always available as a source
of information. He was THE expert in so many areas of exonumia, but
was always happy to share what he knew without a trace of pomposity.
He was a real numismatist, a scholar, but was reserved enough that
only his friends knew how brilliant he was.”
Added token and medal dealer David Schenkman, from Maryland: “I
guess I knew Steve from about the time he started collecting tokens,
some forty years ago. At that time I was putting out occasional price
lists and he was a customer. Later, of course, he became a dealer.
But, first and foremost he was always a collector, and he amassed very
significant collections in those series that interested him. We had
many mutual numismatic interests and our frequent phone conversations
sometimes lasted for hours. He will be missed.”
Mr. Tanenbaum was a longtime member of the American Numismatic
Association, which he joined in 1972; a 30-year member of Central
States Numismatic Society; an associate member of the American
Numismatic Society; and a longtime member of the Civil War Token
Society and the Token and Medal Society, among other token collecting
organizations. He was also a member of Florida United Numismatists
since 1983, the Medal Collectors of America and other hobby organizations.
Mr. Tanenbaum is survived by his two brothers, Andrew Tanenbaum of
Amsterdam, Netherlands, and Mitch Tanenbaum from suburban Denver; two
nieces and two nephews; and several cousins.
A remembrance ceremony was held Feb. 15 at the Chapel at Sharon
Gardens Cemetery in Valalla, N.Y. Burial was at the cemetery following
the ceremony. ■