Raleigh Coin Club N e w s l e t t e r Established 1954 Sep 2012 Contents President s Message Page 1 Information about the Raleigh Coin Club Page 2 Minutes of September RCC Meeting Page 2 October RCC Meeting Notice Page 4 Coin Hawks Page 5 Upcoming Shows Wilmington, 20-21 Oct American Legion, Pine Grove Drive Raleigh 10-11 Nov, Holshouser Bldg, State Fairgrounds PRESIDENT S MESSAGE The past month or two I have been doing more traveling to other coin shows trying to see if there is anything or any ideas others are using that we could adopt for our show. Well my first impression is that our show stacks up pretty well with the competition so to speak. In fact we could probably help them! I have been to three club shows the BRNA, the VNA and the NCNA. They did differ in size and I listed them not only chronologically but also in order of size largest to smallest. I suppose the biggest visual difference between them and us at least the BRNA and VNA was registration and security. Both of these organizations required registration with photo ID and issued nametags to allow entry. They had uniformed officers at door enforcing the nametag requirement. The NCNA was much laxer than even us. I must admit the formal registration process did make the BRNA and VNA feel like a more professional and prestigious show. Both the BRNA and NCNA made attempts at having exhibits at their conventions but they were vastly inferior to what we have had at our show over the years. The good news is we are doing a great job with exhibits and must keep up the great involvement and interest of our members in this activity. The bad news, I guess, is there were no best practices to be learned from these organizations. Again, both the BRNA and NCNA made attempts at educational talks but had about as much turn out as we did for these. The NCNA even cancelled one of their three talks. One thing I did take away from the NCNA was that it is possible to do the talks in a curtain partitioned off area abutting the bourse floor. The biggest obstacle there was the industrial air handler turning on and off. The lighting did not pose a major problem with using a projector. While education is our charter and this is one area where we can put a lot of effort to improve this aspect of our show we should be cautious to not have too high expectations. Continued Page 4 1
Presdient: RALEIGH COIN CLUB PO Box 25817 Raleigh NC 27611 http//www.raleighcoinclub.org Vice President: Dennis Edens Treasurer: Secretary: Sgt-at-Arms: Steve Pladna Richard Brown Benji Harrell Directors (with terms ending): Roger Beckner (2012) Ron Turner (2013) Ben Parker (2014) Newsletter Editor: Halbert Carmichael hhcarmichael@mindspring.com 919-832-4128 Club Affilliations American Numismatic Association Member #C0749478 Blue Ridge Numismatic Association Member #C3383 North Carolina Numismatic Association Member #C14(Life) Contents copyright Raleigh Coin Club 2011 The RCC grants permission to reprint for non-profit educational purposes only any articvlesd not individually copyrighted to the author provided that the RCC Newsletter is cited as the source. Raleigh Coin Club Minutes September 18, 2012 President Boitnott called the meeting to order at 7:33 with eighteen members and two guests present. The Treasurer s report included final totals for the club show in July. The President announced that the 2013 RCC Show will be in the Expo building on the NC State Fairgrounds on the weekend after the summer FUN show and that the contracts had been prepared. Dennis Edens provided refreshments for the September Meeting. John Finch will provide refreshments for the October Meeting. Halbert will provide material for the display case in October. The President appointed a Nominating Committee of Ron Turner and Ben Parker to present a slate of officers for 2013 at the October Meeting. Show and Tell Halbert C showed a 2010 Polish 1 groszy found by Alex Armstrong in Page, Arizona at a tour site. Halbert pointed out how this was indicative of the huge number of foreign tourists drawn to the American National Parks and our other scenic attractions. Dave P. showed: (1)A Canadian silver dollar from the series commemorating the War of 1812. The coin shows the HMS Shannon, which captured the USS Chesapeake, the only one of the six United States frigates to lose a battle in the war. (2) A Canadian silver dollar commemorating the centennial of the Calgary Stampede. The coin shows an interesting set of different finishes. Continued Page 3 CoRaleigh Coin Cl 2
Minutes of Setember Meeting Continued from Page 2 (3) A Canadian dollar commemorating the centennial of the Grey Cup, the trophy given to the winner of the Canadian football league. (4) A private medal honoring the 400th anniversary of the Roanoke Colony. Sanford S. showed a fake District of Columbia quarter with a reverse different than the one issued by the mint. He challenged members to find the word COPY hidden on the coin. Sanford S. supplied the material for the display case: A selection of British Royal Medals which included a coronation medal for Charles II, a medal commemorating the wedding of Charles II and Catherine of Braganza, a medal honoring the exposition of 1850, and medals honoring visits of Victoria and Albert to Germany in 1845 and of George V and Mary to Canada in 1939. PS: This trip included a visit to Hyde Park where Eleanor Roosevelt served them hot dogs. The Program Civil War Emergency Money was provided by David Provost. He detailed how with the disappearance from circulation first of gold, then silver, and finally copper coins the public came up with a number of different ways to provide small change. The first was to use postage stamps in denominations as he illustrated. This proved less than satisfactory as the stamps were fragile and became gummy. The next solution was to collect stamps in envelopes with the total value stated on the outside. Several examples from recent auctions were illustrated. The third solution was to encase the stamps in brass tokens with a mica cover: encased postage. All of these solutions became impractical when the Post Office started refusing to sell stamps in large quantities in late 1862. Next came fractional currency printed by the Federal Government. The first issue bore the images of the appropriate stamps. Later issues bore distinctive vignettes. These continued until well after the cecession of hostilities. The final solution was the Civil War Token. With a few exceptions these were small brass tokens the size of the United States cent. They fall generally into three categories: 1. Patriotic tokens containing only patriotic images and slogans on both sides. Specimens showing George Washington or the words Army & Navy were shown. One particularly popular design showed Our Little Monitor, the famous ironclad. 2. Store Card tokens that contained the name of a business on one side (typically referred to as the obverse). Several examples were shown. These tokens usually had a patriotic reverse. 3. Sutler Tokens issued by sutlers, merchants who traveled with the army and served the functions of a modern PX. Many hundreds of different designs of Civil War Tokens are available, and a whole catalogue by Fuld enumerates these. Even the last of these solutions began to fade when Congress passed acts in April and June of 1864 outlawing the issue of Private Money and the improving fortunes of the federal armies led to more and more hoarded coinage being put back into circulation. 3
October Meeting Notice Tuesday,October 16, 2012 7:00 PM Ridge Road Baptist Church REPORT OF NOMINATING COMMITTEE Program Collecting Early Paper Money Vernon Valance SHOW & TELL Historical Figures on Coins DISPLAY CASE Halbert Carmichael REFRESHMENTS John Finch President s Message Continued from Page 1 All three organizations had ANACS onsite accepting submissions for coin grading. Only the BRNA had a paper money grader onsite doing the same. I believe we are on track to have this in place next year as well. YN programs were also evident at these shows. Each had an organized effort to involve young collectors. Both the VNA and NCNA had separate areas set aside for the YNs that included special activities for the kids. This is one area where we can make some improvements. One thing the NCNA did try to do but fell victim to NCNA board politics was having the Confederate Mining Company at the show. The way it was explained to me and what I have gathered from their website is they are involved in the modern resurgence of gold mining in South Carolina. Part of what they do is give talks (the cancelled one at NCNA), sell bullion pieces in gold, silver and copper struck at their facility and at the show! Yes at the show what they do is bring the dies and allow kids to strike their own coin. While I still need to learn a little more on the details and get answers to a couple of concerns I have they may be something we look at for our show. As we look to expand our show we need to explore new ways of promoting and drawing the collecting public to the show. We need the collector to support the growing dealer base so everyone comes out better off in the end. Any ideas, suggestions and even criticisms are welcomed as we strive to make the Raleigh Coin Club Coin, Currency and Stamp show an event worth traveling to. Until Tuesday enjoy and promote the hobby, 4
COIN HAWKS Young Numismatist Program Jeff MacCauslin At the September program we had no coin hawks. So, this month we are going to keep the same meeting agenda which is to discuss how to handle, store, and protect coins. The store will also be open to allow you to use any club bucks you have earned. The YN program starts promptly at 6:45 and all are welcome to stay for the regular club meeting at 7:30 The schedule for the next two months is: November Obsolete coins such as two and three cents, half dimes, etc. January Coin Grading Following are the questions for the monthly quiz for which you can earn club dollars which will allow you to purchase items the club has made available. Also, remember that you can use up to 1 of you club bucks for the regular meeting raffle. If you can t attend the meeting but still want to earn RCC bucks please email your answers to jjjsmac@gmail.com. 1. True or False - Storing coins in holders made from PVC is good for coins and improves their value 2. What does PVC do to coins? 3. True/False you should always clean a coin before putting it in your collection. 4. What is the proper way to hold a coin? 5. What was the last quarter issued in the State Quarter program? 6. How many different types of Canadian cents have been made? 7. What are the 3 mint marks in common use today? What cities do the 3 mint marks represent? 8. A hundred years ago, in 1912, what would a 5 dollar gold coin have cost you to buy it? 9. What is the approximate value of that 5 dollar gold coin today? 10. Coins are graded on a numerical scale of 1 to? Other ways to get more club bucks: 1. Bring a friend to a coin hawk meeting 2. Write an article for the club newsletter on any coin topic, like your favorite coin 3. Do a presentation at the Coin Hawk meeting on a numismatic topic. HELP!! Club members, please help me recruit some young numismatists. Some day you may want to sell your collection to someone. Without new people developing an interest in coins those buyers may not be there. I am willing to go to schools, libraries, clubs, etc to do a presentation. I can work with scouts on the coin collecting merit badge. If you know of an opportunity to reach out to potential new coin collectors, young or old, please let me know. Thank you Jeff M 5