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The paper begins by providing a review of Diane Finiello Zervas's book, Enchanting the Unconscious: Jung's Reception in Great Britain, The Red Book and his First English Seminars, 1919 and 1920. The book is seen as important because it focuses upon a crucial transition period in Jung's development during which he wrestled with the task of finding a place in his psychology for what he had learned from his Red Book experiences. However, the paper goes on to critique a strong distinction in Zervas's book between Jung's “esoteric” and “exoteric” teachings. This distinction is contextualized in terms of a tendency in Jungian recent thinking to prioritize the contents and images of Jung's 1913–1916 text over the texts eventually published as the Collected Works. The writer argues instead that in Jung's mature psychology we find a creative encounter between two psychic poles: the numinous/experiential dimension and the reflective/conceptual dimension, and moreover that the seminars explored in the book show Jung engaging just such a process. At its richest and most diverse, therefore, analytical psychology is not a weak shadow of Jung's originary Red Book experiences but a living organism in its own right that continues to individuate.