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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. 22  No. 3


MARCH 4th, 2009 7:00 PM - SPAGHETTI FEED,
A STATE QUARTER TRADING SESSION,
A SHORT CAMPAIGN FOLLOWED BY ELECTIONS, THEN
A PRESENTATION ON FOREIGN PAPER MONEY BY JOHN LARSON


 

SIGN OF THE TIMES

    This year the majestic marble Lincoln memorial on the back of the U.S. cent will be replaced with a humble log cabin Actually this year will be Abraham Lincoln's 200th birthday and he started his childhood in a log cabin.

 

Lincoln cabin and early years cents

 

    There will be four (4) new designs on the reverse of one cent coins issued this year. They tell the story of Lincoln's life from the log cabin to the Whitehouse

 

 

THE OFFICIAL STATE OF ALASKA
MEDALLION DESIGN CONTEST

    The Alaska Mint is collecting designs for the official State of Alaska Medallion. This is your chance to get that great Alaska quarter design of yours minted and made famous. You will need art and the deadline is March 31st. For more details check their web site.

    Last year's design was a breaching whale The reverse of the medallion will be the official seal of the state of Alaska.

 

Seal of the State of Alaska

 

 

MY GREAT GRANDFATHER
ON A NATIVE AMERICAN DOLLAR

    Great Grandfather Symes was not an American native. In the 1800's he was a whaler on a sailing ship Back when whaling for oil was a noble venture - back before crude oil. He sailed around the world chasing whales. He sailed to Alaska and his ship got caught in the ice. The Inupiats took the crew into their homes and they survived the winter Helpful Alaska Eskimos should be on a dollar and my great grandfather should be in the background.

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If you can tell with just a glance that an Oregon State Commemorative Quarter is a double die....

You are probably a numismatist.

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WHAT I LEARNED ABOUT COUNTERFEITS, ALTERED COINS AT THE LAST MEETING

    Of course there are the basic things to check to determine a counterfeit such as the weight and looking for a cast seam but counterfeiters are getting much better Truly rare coins are being struck with real dies and in the proper metal. The best way to tell a fake now seems to be careful inspection of die varieties.

    Tiny details in the lettering and design will clue you into an altered coin or an outright counterfeit. Some rarities have marks on the die which were struck into the coin. Some have a large mint mark, some have the mint mark close to the rim, and some have mint marks with prominent serifs.

    These identifying characteristics can be learned from books such as Bill Fivaz's "Counterfeit Detection Guide" or from friends such as your fellow coin club members. The important thing is to buy the books or learn from your friends before putting out a lot of money for a coin advertised as a major rarity.

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MISNUMICAT JUMBLE: GUNSTEADS

Last: REDLEAF - FEDERAL -The act of 1913 created the federal reserve bank system and hence federal reserve notes; the notes we use today.

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FEBRUARY 4th MEMBERSHIP MEETING

    We gave a 1967 Alaska Purchase Centennial in BU condition to Paul Gabbert for the door prize and 1959 Fairbanks $1 Trade Token to Loren Lucason for the membership prize.

    Carl gave a presentation on counterfeit and altered coins. It was both scary and informative. The best part was that we got an opportunity to see some and ask questions. Some of them were offered for sale as educational pieces.

    The raffle prize, a 1934 $500 Federal Reserve note in F/VF condition was introduced to members at the meeting. The drawing will be at our club's summer picnic. Special ticket pricing has been set up for this note. One ticket is $5, 5 tickets for $20, 11 tickets for $40, and 27 tickets for $100.

    The announcement was made that our club's elections will be held at our next meeting, Members were encouraged to become part of the controlling body in charge of the biggest coin club this state has ever had during one of the biggest booms in coin collecting popularity. Nominations will be accepted all the way up to the start of the voting at the March 4th meeting. It was also announced that the next meeting will be a potluck event/spaghetti night.

Finally, Thanks go to the Burkes for their generous donation of $40 to the club.

 

FEBRUARY 18th BOARD MINUTES

    The board meeting was called to order 7:15 PM at the New Caldron Restaurant in the University Center. Correspondence was reviewed including lots from Bill Fivaz for our next bullet auction.

    The first order of business was our club's upcoming elections. Larry Nakata stated that so far no members have submitted their name for office. The present officers in the Anchorage Coin Club are agreeable to staying in their positions for another term.

    John Larson said he would be giving a presentation on foreign currency at the March meeting. It was suggested that we bring our extra State Commemorative Quarters to the meeting to trade. Just to catch everybody up on their sets. Loren will be bring a few Hawaiian quarters.

    For the spaghetti night potluck Tim and Amy Burke plan to bring the spaghetti meat sauce. We need other club members to bring the spaghetti pasta, garlic bread, and side dishes that will go well with the spaghetti.

We adjourned at 7:50 PM with no further business.

 

FIVAZ LOTS

 

1864 Ind. 1c (BZ) clashed dies VG

1871 Ind. 1c EF (Rev. Rim Bumps)

1878 Ind. 1c Good

1909VDB1C MS-60

1867 (NR) 5c Die Crack/Dt F/VF

1927-S 25c G-6

1916-D(Obv) 50c Good

1942-S 50c DDO(FS-101) EF

1955 "Bug Bunny" Franklin 50c MS-64

1925 Lexington US Commem EF

Store Card Token EF

Store Card Token (R-2)

Original Hobo Nickel

1914 Gold $5 Indian AU

Dr. DeBakey, M.D. Mint Token

 

MINT NEWS

    The U.S. mint not only has the four new cents in the works they have the six new quarters available in proof on their web site. These quarters could be considered the last of the state quarter series.

 

BRING SPAGHETTI, PASTA,
AND YOUR CURIOSITY
ABOUT WORLD PAPER
CURRENCY

 



ANCHORAGE COIN CLUB
RAFFLE PRIZE

Five Hundred Dollar Bill

 

$500 NOTE FINE to VERY FINE

Come see this note.
It could become the biggest denomination in your collection.

tickets: $5/each, 5 tickets/$20

WINNING TICKET TO BE DRAWN AT OUR SUMMER PICNIC IN JULY


 

President: Jack Vinson

Vice President: Ed Vey

Secretary: Larry Nakata

Treasurer: Stan Mead

Board Member: John Larson

Board Member: Bill Hamilton

ACCent Editor: Loren Lucason

#91 Mike Orr: themoneymerchant.com

#110 Bill Fivaz: e-mail feev@webtv.net

#210 Tom Cederlind: tomcederlind.com