-
Expert Discusses Evolution of Roman Coins, Officers Installed At First Meeting of 2024
By Nancy DeSanti, 1st Vice President—Programs
Dating from 44 B.C., this Julius Caesar coin, minted while he was still alive, helped seal the Roman leader’s fate.
Credit: Courtesy of Michael C. Markowitz
For the first AMHS program of the new year, members were treated to a very informative and entertaining talk, “Show Me the Money!” at Casa Italiana on January 28, 2024. The speaker, Michael C. Markowitz, is an expert on Roman coins. He told us all about the evolution of Roman coins from lumps of metal in 300 B.C. to gold Imperial coins by 476 A.D. It was a good way to fight off the winter blues, have a fun afternoon of camaraderie, and get a history lesson, all at the same time.
Mike, who gave us a virtual talk last July, was born in New York City. His mother’s side of the family is Italian (Neapolitan), while his father’s ancestors emigrated from Ukraine to Romania. Mike attended the University of Rochester, then the University of California, Irvine. He worked for many years in the aerospace industry in southern California before moving in 1991 to northern Virginia where he is a senior research specialist for the Center for Naval Analyses.
He is a contributing writer on ancient and medieval coins for CoinWeek.com and a member of the American Numismatic Society and the Ancient Numismatic Society of Washington, D.C. He also serves on the vice president of the Fairfax Coin Club. Mike said that one of his most memorable times was spending an afternoon inside the coin vault of the archaeological museum in Siracusa, Sicily.
As Mike explained, coins were a Greek invention that the Romans borrowed. The gold, silver, and bronze coins resembled the Olympic medals. The process of minting the coins involved a hot furnace, so workers wore caps to keep their hair from catching on fire from sparks. Since most Romans could not read, the symbols on the coins were a form of official communication.
During Rome’s long history, Mike noted, billions of coins were struck in thousands of types, and millions of them survive today. Mike advised anyone interested in collecting Roman coins to “buy the book before you buy the coin,” to avoid getting scammed. He displayed on a nearby table some of his collection of coins and books which he referred to during his talk.
Michael C. Markowitz
He explained how coinage in the Roman economy went through cycles of debasement, inflation, and currency reform.
One of the most interesting coins Mike showed during his Power Point presentation was a Sestertius of Emperor Titus, with its detailed depiction of the Colosseum. It sold for a whopping $409,395 in April 2011.
Interestingly, Roman coin designs influenced classic American coinage. For example, the image on the U.S. winged Liberty dime, which was minted from 1916 to 1945, was sometimes confused with the Roman god Mercury who wore a winged helmet. Hence, the American dime with the winged Liberty head on the front was commonly but erroneously called the Mercury dime.
One fascinating historical fact Mike told us about was the Julius Caesar coin, probably the most famous Roman coin, which got him killed. No living person was ever depicted on Roman coins until Julius Caesar had a coin minted with his profile on the front. However, on the back, the coin had the Latin abbreviation DICT PERPETVO (“dictator in perpetuity”). The coins were minted for less than two months from early February to mid-March, 44 B.C., because Caesar’s brazenness so alarmed some of the conservative senators of the Republic that they assassinated him in the Senate on the Ides of March.We also learned that one of the principal uses of the coins was to pay the army. Since there were no banks in those days, the payroll master would often put the coins in a terracotta clay pot and bury the clay pot underground in a field or an unused area. Of course, if the payroll master died in battle or from the plague or another disease, the clay pots would remain hidden. So, even recently, these pots filled with coins have been discovered by accident across areas of the former Roman Empire, including Great Britain, Spain, and Italy.
Many thanks to AMHS Secretary Sonny Scafetta for suggesting the speaker, to Maria Marigliano for her technical assistance, to Peter Bell for handling the logistics of organizing the lunch which was catered by A. Litteri, to Julie Finigan Dal Forno for assisting with the raffle, and to all those members who donated prizes and bought tickets.
March 2024
-
AMHS Elects New Officers and Board Members
At its general meeting on November 19, 2023, members of the Abruzzo Molise Heritage Society of the Washington, DC Area elected a new slate of officers and Executive Board members.
The elected officers and board members assumed office on January 1, 2024, and will be installed at the general membership meeting to be held on January 28, 2024.
Elected to two-year terms at the November meeting were:
The following officers have graciously agreed to continue serving in their current positions for another year.
Elected to three-year terms on the Society’s Board of Directors were:
In addition, Mark Lino, whose term on the board expired at the end of 2023, has generously agreed to serve for another year.
For photos and bios of all AMHS officers and board members, click here.
July 2024
-
A Message from the President
I am very honored to have been elected to be the AMHS President. I want to start by thanking Ray LaVerghetta for his service as President and for the service of all the board members and officers whose terms ended January 1st. As a volunteer organization, we are only able to exist due to the generosity and immense talent of those who serve on the board and in officer positions.
To recap our recent events, our annual wine tasting was on November 19th. As long-term members we now have been trying some different formats for this event and the most recent iteration was a tremendous success. The wine tasting was followed by our December holiday lunch at Osteria da Nino where we were treated to a delicious multi-course meal and great camaraderie. We were also reminded of the Monongah coal mining disaster, the anniversary of which was near to the date of our lunch. Lucio D’Andrea delivered a very informative short lesson on the importance of this event and the connection to our regions of focus.
In the upcoming year, we have several great events and activities planned. We will be bringing back the virtual film discussion series on January 14th with Jim Toscano. We will be starting with a discussion about a documentary on the Malocchio (Evil Eye). Our first Sunday luncheon will take place on January 28th when ancient coin expert, Michael Markowitz, whose mother was Italian, will speak to us about the evolution of Roman coinage from lumps of metal in 300 B.C. to gold Imperial coins in 476 A.D.
In February, our members will have a chance to visit the Kennedy Center for a performance by Italian-American comedian, Matteo Lane. Also in February, we will be having our first happy hour of the year. We will visit the recently opened and much acclaimed cocktail bar Grazie Mille (One Thousand Thanks). We also have a virtual genealogical event scheduled for March 10th.
As we start the new year, I look forward to continuing the successes of the society and laying the foundation for AMHS to be successful well into the future. If there are any ideas or improvements that you would like to share, please do not hesitate to reach out to me.
Best wishes for the new year!,
Chris Renneker
July 2024
-
Expert to Discuss Evolution of Roman Coinage
By Nancy DeSanti, 1st Vice President-Programs
For the first AMHS program of the new year, members will be treated to an informative and entertaining talk, “Show Me the Money!” on January 28, 2024, at 1:30 p.m. The speaker, Michael Markowitz, is an expert on Roman coins. He will tell us all about the evolution of Roman coinage from lumps of metal in 300 B.C. to gold Imperial coins in 476 A.D.
Mike, who gave us a virtual talk last July, was born in New York City. His mother’s side of the family is Italian, while his father’s ancestors emigrated from Romania. Mike attended the University of Rochester, then the University of California, Irvine. He worked for many years in the aerospace industry in southern California before moving in 1991 to northern Virginia where he is a senior research specialist for the Center for Naval Analyses.
He is a contributing writer on ancient and medieval coins for CoinWeek.com and a member of the Ameran Numismatic Society and the Ancient Numismatic Society of Washington, D.C. He also serves on the board of directors of the Fairfax Coin Club. Mike said that one of his most memorable times was spending an afternoon inside the coin vault of the archaeological museum in Siracusa, Sicily.
So, if you want to fight off the winter blues, come join us for a fun afternoon of camaraderie, a delicious catered lunch, and an entertaining and informative talk.
Please invite your family members and friends and make your reservations early. The deadline for reservations is January 25, 2024. To go to the registration page, click here.
July 2024
-
Musician, Academic, Entrepreneurial Expert: The Multi-faceted Career of Rudolph Phillip Lamone
By Joseph “Sonny” Scafetta, Jr.
Rudolph Phillip Lamone was born on December 20, 1931, in Wellsburg (population 6,398 in the 1930 Census), a town on the east bank of the Ohio River in the panhandle of West Virginia. His parents, Domenico Lamone and Maria Branchi Lamone, had emigrated from the Abruzzi region of Italy. Like many Italian-American boys growing up in hardscrabble areas during the Great Depression, Rudolph and his younger brother Eugene acquired nicknames, Rudy and Beef.
As a teenager, Rudy became a proficient saxophonist and planned to be a professional musician. After he turned 16 and got his driver’s license, he would drive 45 miles to Pittsburgh, Pennsylvania, on Saturday evenings. Using the end of a burned Italian wine bottle cork, he would create a fake stubble on his face and lie about his age so that he could get into nightclubs through dimly lit rear entrances to sit in on jam sessions. After he graduated from Wellsburg High School in 1949, he toured the nation with different big bands. Eventually, he formed his own Rudy Lamone Band which opened for major acts at some area concerts.
During the Korean War, he enlisted in the U.S. Army in 1952. After he completed basic training, instead of being shipped to fight in Korea, he was held at Fort Bragg in North Carolina to play the saxophone for the 440th Army Band. After his three-year tour of duty was up in 1955, he was honorably discharged. With the change in music tastes from swinging big bands to rock and roll in the mid-1950s, Rudy decided to put aside his saxophone and give up on his dream of becoming a professional musician. Thus, he applied to Campbell College (now University) 30 miles away from Fort Bragg in Buies Creek, North Carolina. He was admitted and used the G.I. Bill to study business administration full time. He graduated three years later in 1958 with a bachelor of arts degree.
At the age of 27, he enrolled in the University of North Carolina (UNC) at Chapel Hill. He earned a master’s degree in business administration (MBA) and then a Ph.D. in the same subject in 1966. While attending UNC, he became a member of Phi Beta Kappa and Beta Gamma Sigma.
After graduation from UNC at the late age of 34, he applied for a position as an assistant professor and was hired to teach business courses starting in September 1966 at the University of Maryland in College Park. While teaching undergraduates, he met Linda Hefler who was studying marketing in one of his classes. After she earned her bachelor’s degree in May 1969, the 38-year-old Rudy married the 23-year-old Linda in mid-1970. They had no children.
Climbing the academic ladder, he was appointed dean of the Robert H. Smith School of Business beginning in the Fall of 1973 at the age of 41. He inherited a program with a mediocre reputation. It was also hampered by limited resources and overwhelmed by mostly average students. Prior deans spent their time fund raising and managing staff. Instead, Rudy’s primary focus was the students. He helped them with their personal problems and used his contacts throughout the nation to help them get good positions. He came to care for his students so much that he began to call them “my kids” since he had no kids of his own.
Rudy understood the evolving role of entrepreneurship in business. At that time, academics generally believed that entrepreneurship was a subject that was not important enough to study. However, to the contrary, Rudy thought that it should be a student major. Thus, Rudy established the Dingman Center for Entrepreneurship which was named in honor of Michael D. Dingman, a University of Maryland graduate who endowed the Smith School with a $1 million gift. The Dingman Center now helps launch 50 to 100 ventures every year. Rudy also created the Dingman Center Angels (DCA) to bring regional start-up companies seeking early-stage funding to the attention of local investors. The DCA was the first of its kind and is still the largest university-run angel investor network in the United States.
As a result of Rudy’s work, the Dingman Center was the first to receive the prestigious Nasdaq Award as a center of excellence in entrepreneurship from the Global Consortium of Entrepreneurship Centers. Rudy then co-founded the National Consortium of Entrepreneurship Centers and the National Consortium for Life Science Entrepreneurship Programs.
In 1976, Rudy was appointed to the Baltimore District Advisory Council for the Small Business Administration. In 1988, the Smith School of Business received the Outstanding National Educational Institutional Award from the National Black MBA Association because of Rudy’s recruiting of Black students who would earn MBAs. In 1990, Japanese entrepreneur Soji Kanazawa visited the Dingman Center and was so impressed by Rudy’s tour that he donated $300,000 to fund student exchange trips to Japan. He then returned to Japan and founded an entrepreneurship school modeled on the Dingman Center.
In 1992 at the age of 60, Rudy decided to retire as dean. Upon his departure, the Dingman Center established the annual Rudy Awards and the dining facility was renamed Rudy’s Café in his honor. Also, Leon Van Munching, a 1950 Maryland graduate, established the Rudolph P. Lamone Chair for Entrepreneurial Leadership. Additionally, colleagues and friends established the Rudolph P. Lamone Fund for Excellence in Entrepreneurship to help support innovative programs, student summer internships, new lecture series, and other student educational activities.
The couple then moved from College Park and settled in Annapolis on the Chesapeake Bay at the mouth of the Severn River. Not one to rest on his laurels, Rudy decided to practice what he preached. Rudy co-founded Direct Gene, Inc., an Annapolis biotech firm that develops gene therapies directed towards treating metastatic prostate and breast cancers. He also joined Gabriel Venture Partners in Annapolis. In 1996, the accounting firm of Ernst & Young named him Entrepreneur of the Year. In 1998, Rudy was awarded the President’s Medal by the University of Maryland. With the fortune that he made Rudy then established the Lamone Endowed Chair for Entrepreneurial Leadership. Despite his busy work schedule, Rudy would return to the Smith School from time to time to spend hours coaching and mentoring entrepreneurial students.
After selling his interest in Direct Gene, Inc., and withdrawing as a partner from Gabriel Venture Partners at the end of 1998, Rudy retired again at age 67. He then spent his time traveling and golfing with his wife, gardening, and cooking Italian dishes. He also maintained his memberships with the Naval Academy Golf Association, the Annapolis Yacht Club, and the Annapolis Center Club. As an Italian American, he said that he enjoyed spending his free time near the water, as he had done during his childhood.
In mid-2022, Rudy learned that the Princeton Review & Entrepreneur Magazine had ranked the undergraduate program in the Smith School of Business at the University of Maryland at No. 7 across all institutions and at No. 4 among public universities in the nation. On his 91st birthday at the end of 2022, he was informed that he would be inducted into the inaugural class of the Smith School of Business Hall of Fame in mid-2023. Unfortunately, shortly thereafter, Rudy contracted COVID-19 and died six weeks later, on January 30, 2023, in the Anne Arundel Medical Center in Annapolis.
Sources:
- Baltimore Sun, Obituaries, Saturday, March 18, 2023.
- University of Maryland News, Smith School Mourns Passing of Former Dean, Tuesday, January 31, 2023, www.rhsmith.umd.edu/news.
- Washington Post, Obituaries, U-Md. business dean formed its entrepreneurship center, at page B5, Saturday, March 25, 2023.
- Wellsburg, West Virginia, www.en.wikipedia.org/wiki/Wellsburg (accessed September 7, 2023).
July 2024