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Awards and Honors for
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| 1971- Made an Honorary Canon of Trinity Cathedral (Episcopal) Trenton, New Jersey |
| Five Awards for best articles in The Linking Ring - Official publication of The International Brotherhood of Magicians |
| 1985 - Honored by the Magic Collectors' Association of America |
| 1988 - Society of American Magicians' Hall of Fame Scholarship Award |
| 1991 - The Milbourne Christopher Foundation Award for notable contributions to the art of magic in keeping with his performing and writing tradition |
| 1994 - Elected to the Society of American Magicians' Hall of Fame |
| 1996 - Honored by the New England Magic Collectors' Association |
| 1998 - Society of American Magicans' Hall of Fame Scholarship Award |
| 2001 - Society of American Magicians Hall of Fame Scholarship Award |
| 2004 - Honorary Lifetime Member of the New England Magic Collectors Association |
| 2006 - Ring 165 of the International Brotherhood of Magicians named the William V. Rauscher Ring |
| 2007 - The Milbourne Christopher Foundation literary award for the book: Religion, Magic, and the Supernatural |
| 2023 - The Academy of Magical Arts Lifetime Achievement award was presented on May 25. The sold-out event was held at the restored 1600-seat theater of the Ace Hotel in Los Angeles, California, originally built in 1927 as the flagship movie palace for United Artists. |
| 2023 - The Magic Circle, founded in London in 1905, awarded the JN Maskelyne prize on August 31 for noteworthy contributions to the art or literature of magic. |
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