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ACCent: The Monthly Newsletter of the Anchorage Coin Club

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Volume 15, Number 12

December 2002

December Membership Meeting
Thurs., Dec 12th, 2002 Central Lutheran Church

Events start at 6:00 PM


 

FROM THE EDITORS

    As the November club meeting got started numbers were drawn for prizes. Stanley Mead, our club's ANA rep, was given a 1973 U.S. Proof Set for the door prize and Richard Bilak, our club president, was given a 1990 Eisenhower Centennial Commemorative Dollar for the membership prize.

After the bullet auction Richard Bilak gave an enlightening presentation on "Chinese Cash" coins. It was a surprise to many that the earliest Chinese money predated the earliest Greek coins. And that silver and gold was kept by emperors and high officials for big transactions while regular people used coins of copper and bronze, relying on faith in their money much like we do today.

Don Thurber and Mike McKinnon put together a good coin show the weekend of Nov. 16th at the Northway Mall. There was a slow but steady procession of coin buyers. The YNs had a table selling vials of shredded money. The vials were great stocking stuffers and gifts for fellow workers. The YNs (mostly Krystal Stubblefield) sold all of the vials in stock. We handed out information about joining the coin club but did not have anyone sign up. Very high grade slabbed U.S. coins are still waiting to be awarded to those who sign up new members.

Loren (with the help of Marilyn, Don, and Bill) rebuilt the book of Peace Dollars. The 32 dollars are now in 2x2's in labeled pages in a fact filled book in a convenient box for your bookshelf. This great set and the other raffle prize: Bower's book "History of U.S. Gold" will be given away at the December 12th Christmas party/potluck dinner/auction. Check them out and buy your winning tickets now at Loose Change. Raffle tickets for the Peace Dollar book go for $5/ea or 5 tickets for $20. Tickets for the Bower's book go for $2/each.

So far we have had 52 lots submitted for the auction at the Christmas party. These lots are listed in this newsletter. Members are encouraged to bring additional lots to the party with them. We have several interesting coins coming up for sale including a $10 gold piece and an ancient Greek tetradrachm. Roy will be calling to ask what you are bringing to the potluck dinner. The club has already arranged for a turkey and a ham for main dishes. Breads, salads, and desserts are needed to make a complete meal. Every member at the party will get a Christmas gift. Some might call them door prizes but they will all be wrapped and you will get to pick your own from under the tree when your ticket comes up. Santa may even drop in.

The Christmas party will start coming together at 6 p.m. Thursday December 12th downstairs at the Central Lutheran Church. Awards will be given to some of our most outstanding members. Bring your family and enjoy an evening of good food, deserving awards, interesting coins, and great friends.

One final note. For those of you who attended the coin seminar in September, you may have received your certificate for attendance. It was noted that the certificate did not have the signature of our President Richard Bilak. Feel free to bring your certificates to the Christmas party so that Richard can sign them.

Have a good holiday season...Your Editors.

 

MEMBERSHIP NEWS

Schedule of Events for the Month of December:

  1. Anchorage Coin Club Christmas Party/ Membership Meeting/ YN Meeting/ Christmas Coin Auction: December 12th (Thursday) at 6:00 PM at the Central Lutheran Church/ downstairs area. Club members, their families, and general public welcome. This is our club's yearly event. Festivities to start at 6 PM and run through the evening. The high point of the evening will be our club's annual Christmas coin auction. See list of auction items submitted as of this newsletter.

  2. Anchorage Coin Club Board Meeting: December 18th (Wednesday) at 7:00 PM at the New Cauldron Restaurant located at the University Center. Please note this is a change from our club's usual meeting place. Club members welcomed.

Minutes of the November 20th Board Meeting:

The Board meeting was called to order at 7:15 PM by Vice President John Larson.

First order of business was a review of correspondence and bills to be paid. On the matter of correspondence, a request came from William Horton asking for club endorsement for his bid for the ANA Vice President 's position. Typically, our club has such requests from candidates running for ANA office. The Board considered and approved William Morton's request.

The Board then reviewed issues regarding old business.

On the subject of the September seminar, Larry Nakata stated that he has received Certificates of Achievement from instructor Mary Sauvain for those who attended. When distributing the certificates at the last membership meeting, it was noted that President Richard Bilak did not sign the certificates. It will be posted in the next newsletter that members receiving certificates should bring them to the December 12th Christmas party/meeting. Richard will be available to sign the certificates.

The primary focus of the meeting then went into final planning for the December 12th event. Roy Brown has begun calling members on attendance and potluck items that will be provided. The Board reviewed a list of items that will need to be purchased for the event. Larry Nakata and Loren Lucason will be picking up those items about a week before the event. A large number of numismatic items were also brought in as door prizes. Carl has volunteered to wrap all of the prizes. Our thanks go to Carl.

The Board then went on to select the YN of the Year and Anchorage Coin Club Member of the Year. Awards to be given out at the club's Christmas party.

As part of the agenda for the evening, the club's two raffle prizes will be also be drawn at the Christmas Party event.

The Board at the last meeting approved an expenditure $200 for award of YN Bucks to the YN Program. Don and Marilyn Stubblefield, the adults heading up the YN Program, will be awarding the dollars to YNs. YNs who have participated in the YN programs throughout the year are eligible. Don and Marilyn will be contacting eligible YNs on the amounts of YN Bucks earned. These moneys will be provided to the YNs at the Christmas party and can be used for bidding on coins and other numismatic items at the Christmas auction.

On the issue of new business, Loren Lucason brought to the attention of the Board that consideration should be given on a plan for a program in keeping with the ANA's National Coin Week theme "Tale of the Coin". Discussion followed on this matter with the decision to continue planning into our next Board meeting on December 18th.

As there was no further business, it was decided that the nexJLj3qardjneeting on December 18th will be held at the New Cauldron Cafe" at the University Mall at 7 PM. The Board members in attendance wished to have the meeting in a different location.... for a change. The focus of the December 18th meeting will be to discuss programs for 2003...the 15lh year of the Anchorage Coin Club.

The Board meeting was adjourned at 8:21 PM.

 

THE TALE OF THE COIN
by Loren Lucason (Member #97)

    Every coin has a story, whether it is who designed it, what the coin bought, why the coin was put in circulation, where the coin was spent, or even what the coin means to you. A world of history revolves around the production and use of coins. This year the ANA has chosen the "Tale of the Coin" as the theme for April 2003 National Coin Week.

We want each of our members to write a story about a coin. Perhaps your favorite coin, perhaps the first coin you put in your collection. A story with an introduction, the body of the tale, and an ending. It does not have to be long, just long enough to tell us something.

When I was 6 years old my mom gave me and my 2 brothers a small metal box full of coins. My grandfather had gathered these coins in his travels. Grandfather was a whaler on a sailboat. At the turn of the twentieth century he sailed around the world in pursuit of the big mammals. Most everywhere he went he got coins he could not spend elsewhere so they ended up in this box. Grandma gave the box of coins to my mom and she kept them in her bedroom letting us look at them every once in awhile. When she finally gave us the box we could not wait to find out where the coins were from and what they were worth. Our small town had a small library and the only coin reference it had was a 1964 Blue Book. The most impressive coin in the collection was a big silver coin dated 1878. We thought that it was unbelievably old but we were sure we could find it's current value because it said United States of America and One Dollar on the back. The librarian showed us the Blue Book and we learned how to look up coins. But, much to our frustration, our dollar was not listed as the U.S. dollar minted in 1878. At least it did not match the picture. We learned about mint marks but that didn't help. We gave up on it and went on to other coins. We knew that silver was more valuable than nickel or copper. The next largest silver coin was a half dollar with a neat ship and United States of America on the back. It was dated 1920 but it too did not match the 1920 half dollar in the book. The next coin we tackled was a 1918 U.S. 10 centavos. But it too was not the standard 1918 U.S. dime and we did not know who that girl named Philippines was on the front of the coin. We started to think these coins must be very rare and worth a fortune. We decided to go after the foreign coins. The library in Anchorage had books on foreign coins - big books. Grandfather had a brother in Switzerland and many of the coins were supposed to be from there. But most of the coins said Helvetica on them. We searched the atlases and encyclopedias and there was not country anywhere in the world named Helvetica. However, in our search, we found the Philippines which led us the 10 centavos in the back of U.S. coins book. The back of the book also had commemorative coins including our 1920 Pilgrim Tercentenary. And while we were looking at other commemoratives we found trade dollars and our big silver 1878-S dollar. The trade dollar was minted for use in the orient and was not legal tender in America. So it ended up in the box. It was some time before we learned that Helvetica the Swiss name for Switzerland. All together it took 2 years for my brothers and I to identify all of the coins in the box. To this day I have a soft spot in my heart for the 1878 Trade Dollar. The coin that sent us around the world in search of fortune.

Back in ancient Rome there were many slaves from all over the western world. Some of these slaves earned freedom from their owners. The freed slaves wore a "liberty cap" to signify their independence. Rome was ruled by the senate at home and the military out in the colonies. No one person ruled all of the Roman empire. Julius Caesar gained power with victories in Gaul (present day France, Belgium, and Germany). Pompey the great, who did much to solidify the Roman empire, was attacked by Caesar's army returning from Gaul. Pompey escaped to Egypt. Caesar followed him there and killed him. Caesar met Cleopatra VII in Egypt, had affair with her, then restored the 22 year old woman to the throne of Egypt. Caesar then proceeded to eliminate all of his adversaries throughout the empire and reduce the power of the senate. Many Romans viewed Julius Caesar as an oppressive tyrant. They thought he was bent on controlling the entire Roman empire. A group of senators, chief among them Marcus Junius Brutus, plotted against Julius Caesar. On the 15th of March 44 BC (the eides of March or the middle of March) the senators took turns stabbing Julius Caesar so no one person could be blamed. Killing him they liberated Rome of the tyrant. To celebrate the event Brutus issued a coin. It had Brutus on the obverse and on the reverse the words BID MAR and a liberty cap between 2 daggers. This coin has become known as the "eid-mar denarius" and is a highly prized coin among ancient coin collectors. Not many of these coins survived the past 2 millennia and the few known bring upwards of $100,000 when they come up for sale....Loren.

 

ANNOUNCEMENT:
DECEMBER 12TH ANCHORAGE COIN CLUB CHRISTMAS PARTY

Come one and all to the Anchorage Coin Club's Christmas Party on Thursday evening, December 12th at the Central Lutheran Church. The party is scheduled to start around 6 PM with a dinner buffet at 6:30 PM.

Following dinner, there will be award presentations followed by our club's annual Christmas Coin Auction. We ask that members wishing to submit coins for the auction bring their list to the next club meeting or contact Larry Nakata (home ph# 563-1729).

Auction lots for this event will be listed in this newsletter and will be updated in next month's newsletter.

There will be lots of door prizes given away that evening.

There will also be two raffle prizes drawn that evening:

A complete set of US Peace Dollars, XF or better condition. Raffle tickets at $5/ticket or $20 for 5 tickets.

Book: "United States Gold Coins: An Illustrated History" by Q. David Bowers. Raffle tickets at $2/ticket.

Dinner will be a buffet in which members are asked to bring a "potluck item" such as a salad, hors d'oeuvres, dessert, or a main dish. The club will provide plates, forks, spoons, knives, chips, dips, continents, soda pop, and coffee. Roy Brown will be contacting members on what potluck items will be brought for the dinner and to get a "headcount" of people attending the Christmas Party....for purposes of planning the Christmas Party.

Club members, their families, and friends are encouraged to attend. If there are any questions, contact Roy Brown at Roy's Coins (ph# 563-6708).

 

THE YN CORNER

    The YNs had a tour of the Alaska Mint on Saturday, November 23rd. There were seven YNs and a guest, as well as four parents in attendance. We were given a complete tour of the operation of the mint, from the idea concept to the packaging of the completed medallion. We must give our special thanks to Mike Robuck and his son, Gunnar, for their excellent tour of the Alaska Mint! This has been by far the best tour yet. At the end of the tour each of us were given a solid silver Alaska Mint 2002 medallion.

The Anchorage Coin Club's board has given the YNs $200 in YN Bucks. This will be divided between all active YNs participating in coin club activities (meetings, coin shows, etc.), as well as YN activities, and bringing new members into the YN Program. These YN Bucks are to be used at the coin auction at our club's annual Christmas party/dinner on December 12th at the Central Lutheran Church. The YN Bucks will be given out at the beginning of the Christmas party.

There will be no separate YN meeting in December. Our December meeting will be a joint meeting with all members of the Anchorage Coin Club for the Annual Christmas dinner. When YN meeting resume in January, we will be meeting on the second Friday of each month, starting with January 10'".

Looking forward to seeing everybody at the Christmas party......Don and Marilyn.

 

A GREAT SET OF BOOKS FOR SEATED LIBERTY COINAGE COLLECTORS
by Mike Nourse (Life Member #1)

    If you do not collect Seated Liberty coinage, and have little interest in reading about these 19th century coins, you can probably forget about these books, as that is the only topic that is discussed within their pages. The books are called "The Gobrecht Journal Collective", and there are a total of four volumes, appropriately designated Volume 1 through Volume 4. All four volumes were produced by the Liberty Seated Collectors Club, a club dedicated to studying the history surrounding the Liberty Seated coinage of several different denominations, as well as searching for and reporting new die varieties (of which there are many), die emission sequences, and other curiosities.

The first volume came out in 1980, and is a compilation of all the articles published in the club's newsletter "The Gobrecht Journal" from the inception of the club in 1974 through 1980. The Vice President at that time, Monty Johnsen, was selected for the job of organizing the articles and preparing them for publication in book format. Mr. Johnsen made a very wise decision not to put the articles in the book in the same order that they were published in the newsletter; instead he decided to organize them in a much more useable format. Instead of the chronological format, he decided to put them in order by denomination, smallest to largest, and by date within each denomination, earliest to latest. This makes it much easier to find out if there is an article written about a particular coin of interest to you. If you just purchased a nice 1888-S Seated Liberty dime in Extra Fine condition, and you want to see if there are any articles in the book dealing with this particular issue, it will only take a quick scan of the table of contents to see that Mr. Bill Cregan wrote an article entitled "The 1888-S Dime", which can be found on page 313 of Volume 4. This eliminates the need of weeding through an index in the back of the book, and in fact an index is not even needed or provided.

The first section of the book deals with general topics that are not specific to Seated Liberty coinage of any single denomination. There may be articles on historical topics, Mint practices and procedures during the 1800's, law and legal issues that affected coinage during those years, and even articles about the designers of the Seated Liberty image itself among them; Christian Gobrecht, Thomas Sully, and other engravers who made modifications to the design in later years.

After the general section, we get right into the coins themselves, starting with half dimes and continuing with dimes, twenty cent pieces, quarters, half dollars, silver dollars, and trade dollars. Each of the single denomination sections begins with articles that are general in nature to that specific denomination, such as "Mintmark Positions for San Francisco Seated Dimes". After the general articles come articles dealing with specific issues, such as "An 1875-CC Half Dollar Struck From Clashed Dies". Thankfully, this, very useful format, was retained and used in volumes 2 through 4 as well.

Remember that these articles were originally published in the club's newsletter, and therefore tend to be brief in nature, generally around two to four pages in length. Immediately following a fair number of the articles you will find reprinted in the book several letters to the editor that make comments, corrections, and additions to that article, which often include a response to the questions and criticisms by the author of the original article. The inclusion of these letters by editor Johnsen was a brilliant idea, as they can add to and clarify the information included in the article.

Many of the authors of the articles are names that many collectors will recognize as they have gone on to write numismatic books or they regularly contribute articles to numismatic publications that have a more widespread circulation. Some of the names you will encounter in this compilation are Walter Breen, John McCloskey, Weimar White, and Larry Briggs to name just a few. Volume One is dedicated to the late Kamal Ahwash, the author of quite a few of the articles in the Gobrecht Journal, founder of the Liberty Seated Collectors Club, and author of the book "Encyclopedia of United States Liberty Seated Dimes" which was the standard reference on the series for two decades.

Now that 1 have told you how good a reference this set of four books is, here comes the bad news. They are out of print. Volume four can still be obtained with relative ease as some booksellers still have a few copies in stock. The first three volumes will present more of a challenge, and you will probably have to search the inventories of sellers of rare and out of print numismatic literature. You will likely have to part with a solid $200 or more for the set of four books, though that is quite a bargain for the amount of research that is contained within the nearly 2000 total pages. There are also a fair number of black and white photographs included, and a lot of the coins illustrated are ones that neither you nor I can ever afford to put in our collections.

If you are ever lucky enough to come across a set of these books for sale, flip through the pages and take a good look at the table of contents and see what you think. If the price is right, consider buying the set, as opportunities to do so are not likely to come around often. I have seen mention of a volume five, which will likely cover the years 1995 through 2000, but so far no such volume is available at this time.

Happy reading!....Mike Nourse.

 

AUCTION LOTS FOR DECEMBER 12TH
CHRISTMAS COIN AUCTION

 

1
2
3
4
5
6
7
8
9
10
11

12
13

14

15
16
17
18

19

20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
1902-O PCGS MS-63 Morgan Dollar
1885-O Morgan Dollar BU Condition
1941 Liberty Standing Half Dollar AU
1954-D Franklin Half Dollar AU
Set of three BU Roosevelt Silver Dimes 1953-S, 1954-D, 1957
1882 $10 Liberty Gold XF Condition
Set of 30 Pre 1940's Lincoln Cents in Circulated condition (Good or better)
1989 Marshall Island $5 Commemorative BU condition
1973 Panama 20 Balboas coin (Sterling Sterling Proof - 1/4 pound weight)
1979 Russian Mint Set / Leningrad Mint
Franklin Mint - Flags of the United Nations. Mini-ingot collection
     (Set of sterling silver flags of UN countries)
Set of 1999 Gold plated Statehood Quarters
Set of 1967 Coins of Great Britain
     (Half penny, penny, three pence, six pence, florin, half crown)
Set of Spanish (Mexico City) Portrait / Pillar / Liberty Cap silver coins in holder.
     18th and 19th century coinage labeled "America's first complete coin collection"
1970 Royal Mint / Great Britain Proof Set
1971 Royal Mint / Great Britain Proof Set
1977 Royal Mint / Great Britain Proof Set
Set of 35 Japanese coins in holder labeled "Coins of Japan"
     (Various Rin / Sen / Yen denominations) 1764 - 1947
1981 Prince Charles / Princess Diana Great Britain commemorative
     in BU condition.
1913 $2 1/2 US Indian Gold AU
1971-S Proof Ike Dollar
1972-S Proof Ike Dollar
1974-S Proof Ike Dollar
1977-S Proof Ike Dollar
1974-S Proof Kennedy Half Dollar
1980-S Proof Kennedy Half Dollar
1967 Canada Proof-like Goose Dollar
1922-D US Peace Dollar AU Toned
1922 US Peace Dollar AU
1879-S US Morgan Dollar BU Toned
1944-D Lincoln Cent NGC MS-66 Red
1972-S Jefferson Nickel ICG Proof-69 Deep Cameo
1944-D Jefferson Nickel NGC MS-67
1944-S Jefferson Nickel NGC MS-67
1954-S Roosevelt Dime NGC MS-66
1990-S Washington Quarter NGC Proof-69 Ultra Cameo
2000-S Massachusetts State Quarter PCGS Proof-68 Cameo
1955 Franklin Half Dollar ANACS MS-63 FBL Bugs Bunny variety
1958 Franklin Half Dollar ICG MS-65
1962 Franklin Half Dollar PCGS Proof-66
Book: "20th Century World Coins" 794 Pages
Book: "1998 World Coins" 1792 pages
Book: "1988 World Coins 1801 - 1987"
T-shirt "Anchorage Coin Club" Size Medium
Bicentennial Quarter shaped tin of mints
Booker T. Washington Commemorative Half Dollar AU
Spanish Silver Half Reale 1738
Roman Judea Capta denarius (est. date 120 AD)
Greek tetradrachm, Thasos (est. date 250 BC)
Buffalo nickel  starter set of 22 coins. Includes the 1926-S.
1995-S Atlanta Olympic Basketball Commemorative ICG Proof-69 Deep Cameo
1995-D Atlanta Olympic Gymnastics Commemorative ICG MS-69
$15
20
10


175


40
15

100





20
14.50
17.50

35

4
195
7
7
7
7
3
3
5
10
10
35
14
19
23
23
13
14
10
38
17
12.50











 

 


The Anchorage Coin Club

Club Officers

Board of Directors

Editors

ANA Local Club Representative

DUES

To save costs, members not responding to renewal notices within 3 months will be considered inactive.

The Anchorage Coin Club is a non-profit organization formed to provide information, education, and a meeting place for individuals having an interest in numismatics.

Correspondence Address: Anchorage Coin Club, P.O. Box 230169, Anchorage, Alaska 99523