(905a) Mexican Numismatic Profiles: Volume 2 Issue 9: Last Revision: 08/20/07

 

The Great Collectors:  

 JB Parker: The Powerhouse Behind Resplandores

I have been trying to get in contact with JB for over a month with no results. I hope something bad hasn’t happened to him. But I bet he and Carolyn are off in that big RV he purchased with all of his ex Mexican Coin Collection money. They usually take a month or so off during the summer to see the US. Therefore, this article isn’t as complete as I would have liked it to be. But here is what I can tell you about one of Mexican Numismatics greatest characters without his collaboration.   

Most new collectors of Mexican coins have little, or no idea who JB Parker is. The only things most of them might know about him are: (1) the famous sale of his Cap & Ray 8 Reales by Superior in 1998 (2) that he is listed as one of the authors of Resplandores, ‘the book’ of the Mexican Cap & Ray 8 Reales. But JB Parker was and still is much more than that!

Parker began collecting Mexican coins in 1960s and continued until his entire collection was dispersed in 1998. Very few people realized the total scope of the many Parker collections of Mexican coins. But first let’s take a look at JB Parker the man.

JB was born in Corpus Christi Texas and has led a charmed life. He met his wonderful wife, Carolyn, and for the life of me I can’t understand how such a wonderful lady wanted him because she has stuck by him through thick and thin. JB and Carolyn have three children and a whole passel of grandchildren and today make their home just north of Corpus Christi Texas. Sometime, before the Ice Age ended Parker and a partner established Texas Office Supply Company in Corpus Christi and continued to run it until sometime during the late 20th Century when it was sold to a national chain of office supply stores. I remember Parker telling me a long time ago how a Mexican coin in his store’s cash register helped spur his keen interest in Mexican coins.

Parker is a very outgoing person with a wide smile, a quick laugh, and a very mischievous way about him. Parker was an avid bird hunter; he and Carolyn always had at least one German Shorthair birddog in training that always became their lapdog too. JB was a leading member of the old Corpus Christi Coin Club during its heyday and it was during one of the coin shows put on by this club where I officially met him even though I saw him the first time at the Christie’s-Norweb Sale II in Dallas in 1985. Parker latched on to me at the show, after coming up to introduce himself, and he took me around to all of the collectors and dealers present after he discovered I was interested in Mexican Cap & Ray 8 Reales. Later, we became great friends, collecting cohorts, and traveling companions to coin shows and auctions all over the US and Mexico.   

When I first met Parker he was a DAM (Date/Assayer/Mintmark) collector of all large Mexican 8 Reales and silver 1 Pesos. He also owned an extensive collection of patterns and trial strikes, including many extreme rarities such as a full set of Caballito Pesos. Parker was on the “A” List of all of the big Mexican Specialty Coin Dealers; he was very close to Larry Goldberg who sold him many extreme rarities in private treaty sales including a lot of patterns and trial strikes.

After a short while, and exposure to my variety collection of Cap & Ray 8 Reales, Parker was hooked as a new variety collector too. One day I showed him my computerized list of Cap & Ray 8 Reales, and he was amazed. He told me he had to have one just like mine so we could compare our collections. I informed him he would need a personal computer and a new HP laser printer in order to accomplish this goal.

He said, “You are in the computer business aren’t you?”

I said, “Yes, but this stuff isn’t cheap.”

Parker replied, “I don’t care what it costs, just buy it for me and deliver it down here next time you come to the coast.”

JB was a great typist and soon he had all of this Cap & Ray 8 Reales up on the computer. Shortly after we were comparing what coins we had and one day when he said, “Hell Poucher … we have more data about the Cap & Ray varieties than anyone one in the world. Let’s write a book about them!”

And so it began. It would be many years before the task was finally accomplished because there were so many roadblocks along the way. I could write a very funny book about all of the trials and tribulations encountered during the writing and preparation of Resplandores, but it would make some people even more unhappy with me, so I won’t. 

Like so many other collectors, Parker’s kids never became interested in Mexican Numismatics so JB elected to pass his collections on to other collectors well before he became too old or ended up in the pine box.   

The JB Parker Cap & Ray 8 Reales Collection

At the time the Parker Collection of Cap & Ray 8 Reales was sold it was the largest and most complete collection ever assembled and offered for public sale. Even today it has to be ranked as one of the greatest collections ever sold in tact. The only known, at that time, DAMs missing from the Parker Collection Cap & Ray 8 Reales Collection were the:

  1. Durango DO 1867 CM 8 Reales
  2. Oaxaca @ 1858 AE 8 Reales
  3. San Luis Potosi PI 1860 FE 8 Reales    

 

The JB Parker Colonial 8 Reales Collection

It is truly a shame that the Mexican Colonial 8 Reales in the Parker Collection were not offered in a public sale because that catalog would also be a great reference tool for today’s collectors. But the majority of the coins were sold in a private treaty sale in 1998. JB had a complete DAM collection of Pillar Dollars, with many of the finest known at that time, specimens and some sold for record prices.

 

The JB Parker Balance Scale 1 Peso Collection

Again this portion of the Parker collection was sold in a private treaty sale and was undoubtedly one of the best collections ever assembled. His pride and joy were the hundreds of uncataloged varieties in his collection.

 

The JB Parker Liberty Cap 1 Peso Collection

JB assembled a complete DAM set of these coins, most in Mint State, and all were sold in a private treaty sale in 1999. Parker was really proud of his two error coins, the Zs 1901 AZ and the Mo 1903 MA Liberty Caps, which were among the best examples known at the time.

 

The JB Parker Pattern & Trial Strike Collection

Parker had the finest collection of pattern and trial strike Mexican Republic capital coins ever assembled and a few of have been re-offered since then at record prices.

 

Who Bought The Coins From Parker Collections?

Very few collectors attended the Parker Cap & Ray 8 Reales Sale and several dealers purchased the vast majority of his coins. The only exceptions are the collector whose collection of Cap & Ray 8 Reales are now being sold by Ponterio & Associates in a three part sale and a couple of serous collectors from Mexico. A few of the Parker extreme rarities sold for record prices, but others sold for much less than Parker had anticipated, or even less than he paid for them. This sale was a great disappointment to JB as many of his beloved 8 Reales sold for ‘bargain basement prices’.  He vowed not to allow this to happen again so balance of his coins, other than the Cap & Ray 8 Reales, were sold in private treaty sales. Richard Long, who handled several parts of the collection sold many to his customers in private treaty sales, a few later showed up in some of Long’s mail bid auctions. The specialty Mexican dealers purchased the majority of the Parker Cap & Ray 8 Reales; a few disappeared into several collections in Mexico and others went to a few collectors here in the USA, but other than those being seen in the current Ponterio Sale most have disappeared. 

 

Where Are The Parker Mexican Coins Today?

This question still haunts me, even if no one else cares. Many of the extreme rarities from the Parker Collection have fallen off the numismatic radar since sold. One can only wonder where they are sequestered today, and when we see them again?

 

What Is JB Parker Doing Now?

After Parker disposed of his coin collections, he and Carolyn built their dream home down by the river. In the evenings the deer, raccoons, rabbits and other wild creatures all show up on the Parker’s ‘back forty’ where they are assured of finding food. In fact, I’m sure more than one has been named and counts the Parkers as second parents.  JB included something unusual, as you would expect from him, in his new hacienda … a very large basement. Who else in south Texas would think of a basement for their house? Today that basement, which opens onto the lower level of the back lawn is cram packed full of wood working equipment. Furthermore JB has become rather famous as a wood turner; he has won many awards for his trendsetting work. Once when I asked him if he missed coin collecting he replied, “It was fun for many years, but I have found something more rewarding. I’m now a wood turner.”

Boy I miss him! I miss his many practical jokes, his smiling face, the hours we used to spend going through our combined collections to discover new varieties, and then the hours we would just talk. Mexican Coin Collecting lost one of the greats, when JB Parker left the field!

Sources and Footnotes

Superior-JB Parker Sale; June 2, 1998 in Long Beach, California

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