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ACCent: The Monthly Newsletter of the Anchorage Coin Club

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Membership Meeting 1st Wed. each month, 7 PM, Central Lutheran Church, 15th and Cordova

Vol. 20  No. 10


NEXT MEETING OCTOBER 3rd WILL BE:
PART II OF MY FAVORITE COIN


 

 

HALLIE SPENDS A MILLION ON ICE CREAM

It was just a dime when she spent it in 1894 but she knew it was a special dime. Hallie's father was John Daggett, the director of the San Francisco Mint. Hallie's father had gotten the word that the country's need for dimes in 1894 was going to be satisfied by the other mints so he need not mint any.

1894 Barber Dime Obverse

But a die was cut. According to Hallie her father minted 24 dimes. Hallie remembers that 21 were given to visiting bankers and the last three were given to her. John Daggett told his young daughter to put these three dimes away and that when she got as old as he was she could sell them for a lot of money. The little girl must have thought that 2 dimes was plenty enough to put away for a lifetime so she promptly went out and spent one of the dimes on ice-cream.

One of the 1894-S dimes recently sold for $1.9 million. Only nine of the original 24 dimes are accounted for including the two Hallie sold in 1950. The powerful bankers who received 1894-S dimes would have known what great rarities they were and would not likely have spent them on ice cream. So the 14 unaccounted for dimes given to bankers are likely either stashed in private collections or destroyed.

Back then dimes circulated a lot. That is why it is very hard now to find an uncirculated Barber dime. But somewhere out there is an 1894-S Barber dime that has seen, at least a little, circulation at the ice-cream shop. The U.S. Mint has no records of 1894-S dimes being minted for circulation and no big deal was made of John Daggett minting a few. So it may be that nobody thought anything of the little dime dated 1894 with a little S under the bow on the bottom of the back. So that dime may have circulated for a while. And even today there might be in your box of junk silver coins an 1894-S dime worth a million bucks.............

        Loren Lucason

S Mint Barber Dime Reverse

DONATION AUCTION THANKS

The picnic auction was stocked with over 2 dozen choice lots provided to us by our generous members; Bill Fivaz, Roy Brown, Mike Robuck, Jim Hill, John Pastos, Bill Hamilton, as well as Ponterio and Associates. We thank you all. Over $500 was raised and we plan to put the money to good use promoting numismatics in Alaska.

 

MY FAVORITE COIN

We saw some amazing coins and collections at our last meeting. Some favorites were coins that literally fell into our collections because we had the numismatic knowledge to recognize their value. Stan won a Morgan dollar as a coin club door prize. With Steve's sharp eye and knowledge of repunched mint marks Stan found it to be an O/S VAM worth more than $1200. Loren won the Nenana Ice Classic and knew where to go to get a Philip II ancient Greek gold stater. Other favorites were sets that took decades of work and study to put together. Larry's collection of one dollar notes was as complete as any of as had ever seen.

John was there with beautiful, historic gold coins from the wreck of the Republic. Mike was not there but we had one of his favorites; one of the first medallions he struck in Anchorage, Alaska. Roy's favorite coin is a type. He likes the incused Indian gold coins. BRING YOUR FAVORITE COIN AND TELL US ABOUT IT.

 

BULLET AUCTION FEATURE COIN OF THE MONTH

1942/41 -P Mercury dime in F, minimum $495 From Bill Fivaz a dramatic overdate from the beginning of the second world war. Come check out this key coin.

 

 

THE PRESIDENT'S WORD

If you went to the bank and got one thousand dollars in half dollar coins just to comb out the ones dated 1964. You are probably a numismatist.

Doubledecade: 2008 will be the twentieth year that our club has been a numismatic power in Alaska. We have a grand tradition of having a com minted at the Alaska Mint to celebrate milestones such as this. It is time for you, the member of the Anchorage Coin Club to design a coin for this anniversary. You do not need to draw art, though some would help, just give us your idea of what should be on our "Doubledecade Commemorative Coin". We have already got suggestions from a few members. Debbie thinks it should have a transportation theme since that is what Anchorage was built on. Jim thinks it should a sea otter floating on the water. Others had sleeping lady, flying eagles and dog sleds in the designs.

The state has just gone through this process in picking a design for the state quarter. The U.S. mint owns rights to the artwork generated from those suggestions but that does not mean we cannot use those suggestions to generate our own artwork. There were some good design ideas not chosen by the state. What do you think should represent the Anchorage Coin Club's 20th year anniversary?

 

MISNUMICAT SCRAMBLE

CUMERRY_________________

Last month's answer

PATTERN: a coin struck from dies cut for a proposed design. Used to evaluate the new desiga

 

MEMBERSHIP MEETING PRIZE WINNERS

Stan Mead won the door prize; a 1982 Proof Set. To be sure he will be looking for variety coins in this set Loren Lucason won the membership prize; a 2007 State Quarter Proof Set. It will be going to his niece who got married in January.

 

BOARD MEETING MINUTES

Called to order at 7pm by Loren Lucason. A big coin show to coincide with the public release of the Alaska state quarter in September of 2008 was discussed. Stan and Loren will work to coordinate with the mint and the governor. Larry will be in contact with the church to, hopefully, schedule our Christmas dinner party the for 2nd Thursday of December. Theme for the next meeting was set and Bill Hamilton stated that he will bringing some of his favorite coins up from the Kenai peninsula. The club's commemorative coin was also discussed. Dinner was over and the meeting was adjourned at 7:45pm

 

 

COINS SENT BY BILL FIVAZ FOR OCTOBER BULLET AUCTION

1. 1856 Lg. 1c EF $30.00 min.

2. 1895-S 10c AG 15.00

3. 1931-D 10c EF-45 27.00

4. 1931-S 10c VF 7.00

5. 1942/41-P 10c F 495.00

6. 1903-O 25c EF scr. 50.00

7. 1925-S $1 EF 19.00

8. 1925 Can. 1c F 26.00

9. 1926 Can. 5c (near 6) 10.00

10. 1918 Can. 10c MS-60 37.00

 

ANA EVENTS

Roy Brown was at the last ANA show and he reports that it was so busy that he got recruited to help. Roy gave directions to people on the showroom floor. Roy was awarded for his help with a silver round.


WE WANT TO SEE YOUR FAVORITE COIN. AND WE WANT TO HEAR FROM YOU WHY IT IS YOUR FAVORITE. WAS IT GIVEN TO YOU BY SANTA? DID YOU FIND IT IN CHANGE WHEN YOU WERE A KID? DID YOU SPEND YEARS BUILDING A SET? OR DID YOU SAVE UP ALL YOUR MONEY UNTIL YOU COULD FINALLY BUY THAT DREAM COIN YOU ALWAYS WANTED? COME TO THE OCTOBER MEMBERSHIP MEETING AND TELL US.