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Newsletter of the Anchorage Coin Club
|Volume 8, Number 1||
|January Membership Meeting|
|Wed., Jan. 4, 1995||Central Lutheran Church||
DECEMBER MEETING REPORT
December Christmas potluck meeting on December 8th was a complete success, with
between 45 and 60 people of all ages in attendance! There was plenty to eat,
including a turkey by Mike McKinnon and a ham by Larry Nakata. An abundance of
desserts were available as well!
usual, lots of people brought coins along, and this led to a lot of showing,
trading, buying, and selling.
big event of the evening was the announcement that Robert Hall was elected as
the recipient of this year's Bill Ghering memorial award. The award is given to
one club member each year at the Christmas potluck for outstanding contribution
of time and effort toward keeping the club alive and running.
efforts this year, as well as many past years, included regular attendance and
input at the regular membership meetings and E Board meetings, setting up at
shows and organizing the Northway and Cottonwood Creek shows, and attacking the
question of liability insurance. He also put in a lot of effort toward getting
the club incorporated as a non profit organization. Congratulations to Robert
Robert Hall is this year's winner of the Bill Ghering memorial award!
award was presented to Robert after we were done eating. At the time, he had his
mind completely set on a box full of coins in 2X2's (a true numismatist!),
leading to a response of great surprize. The award itself is a miniature gold
pan, plated in gold, and mounted on an engraved plaque.
Upcoming Show Schedule:
Dimond Mall Jan. 7-8
Cottonwood Jan 13-15
Sears Mall Feb. 4-5
Northway Mar. 10-12
MALL AND COTTONWOOD CREEK MALL
this time, both of these shows are full. It was decided to have the Dimond Mall
show be a standard two day event on the 7th and 8th of January, while the
Cottonwood Creek show runs for three days on the next weekend.
Dimond show will have fifty tables and will be set up in the new area of the
mall, along the long straitaway running from near Bosco's at one end to Payless
at the other end.
The Cottonwood Creek show has been expanded to 20 tables due to the purchase of two new tables by the mall.
MALL AND NORTHWAY MALL
are not being taken for these shows yet, but lists will be started, at least for
the Sears show, during the weekend of the Dimond Mall show. To reserve space for
the Sears show, see Mike McKinnon. That show is expected to be the usual fifty
Northway show is still tentative at this time, and will have to be confirmed
before names will be taken to reserve space. You may check with Robert Hall at
the Dimond show to find out the status of the show at that time, but it is
certain that no names will be taken before the Dimond show.
- due to the tremendous demand for tables at the shows, there is a possibility
that prepayment may become a requirement to reserve tables. There are still a
few people that try to skip out without paying or that cancel at the last
minute, leaving it up to everybody else to pay for their table. This is not fair
to those people that do pay for their tables, and prepayment seems like a simple
solution to the problem, and will in no way raise the rental fee.
of the regular club business was conducted at the December E-Board meeting since
we did not have an actual meeting at the December potluck.
separate motions were made and passed at the E-Board to donate money to the
American Numismatic Association. The first donation of $25 goes toward the
purchase of a new sign for the ANA. This new sign for the exterior of the ANA
building in Colorado Springs, Colorado will allow the ANA to better promote
itself in the local area. Total cost of the sign will be $8500, and numerous
donations have already been received by the ANA.
other donation, also $25, is to be used by the ANA for it's early spring
club has donated to this event every year for the last several years, and the
money is used for educational programs during the ANA's early spring show. This
year the show will be held in Atlanta, Georgia, on the first weekend of March.
the subject of donations, Robert Hall has several packs of cards showing errors
and varieties. These cards were produced by J. T. Stanton (Co-author of the
Cherrypicker's Guide) to finance his campaign for ANA governor. These packs
include many varieties that are shown in the Cherrypicker's Guide, as well as
some that are not listed in that book. The cost is a $5 donation.
month, in the section titled Years Gone By, two errors creept in, and are thus
No Stars Half Dime
Nickel With Rays
those that missed last issue, I gave a sample of dealer buy prices as listed in
the 1949 edition of R. S. Yeoman's Handbook of United States Coins (The
Bluebook). There will be more, as space permits, in future months.
With 1994 at an end, thanks are in order to our Anchorage Coin Club members for their support of the YN (Young Numismatist) program! Bill McGinnis, Mike Orr, and yours truly continue to remain as the adults involved with the YNs.
this year, the goals set were threefold:
First, to provide education programs for our YN's designed to show them the
different kinds of coinage and currency that are collectable.
our monthly YN and regular club meetings, education programs were provided
thanks to the ANA Resource Center and presentations by club members on various
numismatic subjects. Subjects covered included errors and varieties,
counterfeiting, ancient coinage, paper currency, foreign coinage, and various
topics on American coinage.
Second, to help our YNs enhance their collections.
of donated coins and currency pertinent to the YN education programs were
provided at our monthly YN meetings thanks to donations by our club members. Our
coin club's Bid Board auction and our coin shows throughout the year have
provided opportunities for our YNs to improve their collections. At these coin
shows, many a club member has been known to "cut a deal" to help our
YNs with their collections.
Third, to increase the size of our YN membership.
this respect, we've held our own. While we've added YNs to our club this year,
it certainly could be better. Right now, our YNs belong in two age groups: the
older YNs who are approaching that age when they will become regular Anchorage
Coin Club members, and the younger YNs (9 years of age and below). We need to
get more of these younger YNs into the program next year.
into 1995, we're off to a great start. The Anchorage Coin Club executive board
approved a Donation Coin Auction to be scheduled for the club's February 1st
meeting. Proceeds from coins and other numismatic material donated to this
auction will go towards scholarships for our YNs to the ANA Summer Conference in
Colorado Springs. It's a noble cause and we hope to see good support from our
Anchorage Coin Club membership....
LARRY NAKATA DONATES HALF CENTS
guts of the story with a heading that could only be found in a numismatic
publication is that Larry Nakata has donated two scarce slabbed Extra Fine half
cents to the auction for the YN scholarship. The YNs wish to say that they
appreciate the support!
report, again courtesy of treasurer Paul Wheeler. Lots of folks are either
currently due or come due next month, but it is good to see category two nearly
empty and category one completely empty. As usual, you may pay your dues by mail
to the address on the front cover, at any regular or E - Board meetings, or at
any of the many upcoming spring coin shows.
Over three months
behind who will receive no newsletter next month
this month !
Between one and
three months behind
- Nathaniel Grabman
- Daniel Gross
- Brenda Hayes
- Ben Guild
- Tim Sullivan
- John Nutini
- Richard Krause
- William Hodges
- Randy Cry
- Maurice Hamby
- Jerry Ballik
Due next month
- Greg D'Atri
- C. R. Breshears
- Shane Ruuttilla
- Randy Butler
- Paul Twait
- Michael Harcourt
- Karyn Mucklow
- Chris Puetz
- Eniar Larson
- Jerry Beavers
- John Mckinnon
- Jamie Woodard
entries were received for the investment contest. Each contestant starts out
with a hypothetical $1000 with which to form a portfolio of coins. The person
with the most valuable portfolio at the end of the contest this spring is the
of the portfolios stayed exactly the same this month. Only President McKinnon's
coins showed any activity, with a $25 increase in the Grant and a $15 decrease
in the Lexington - Concord, for a net increase of $10. The contest is half over
now, and at this time it appears that there is a run off between Robert Hall and
Mike McKinnon. Stay tuned...
(5) 1893-O Barber Quarters Fine 95.00
(10) 1898-S Barber Quarters Fine 190.00
(8) 1900-S Barber Quarters Fine 148.00
(5) 1907-D Barber Quarters Fine 95.00
(5) 1911-D Barber Quarters Fine 350.00
(5) 1912-S Barber Quarters Fine 110.00
(1) 1939-S Washington Quarter Extra Fine 13.00
Value = $1001.00
(1) 1936-D Lincoln Cents BU Roll 135.00
(1) 1942-P Silver Nickels BU Roll 280.00
(1) 1945-P Silver Nickels BU Roll 160.00
(1) 1945 Washington Quarters BU Roll 85.00
(1) 1952-D Franklin Halves BU Roll 185.00
Value = $845.00
(1) 1922 Grant No Star
(1) 1925 Lexington - Concord
Value = $1000.00
(4) 1880-S Morgan Dollars MS-64
(4) 1881-S Morgan Dollars
(4) 1882-S Morgan Dollars MS-64 160.00
(4) 1885-O Morgan Dollars MS-64 160.00
(4) 1886 Morgan Dollars MS-64 160.00
(4) 1887 Morgan Dollars MS-64 160.00
(1) 1875-CC Seated Dime
Value = $953.50
Robert Hall: $1001
Mike McKinnon: $1000
Larry Nakata: $845
Mike Nourse: $953
A program developed and being promoted by YN (soon to be just N) Mike Greer is
the Young Numismatist Donation Auction. Anchorage Coin Club members as well as a
number of coin dealerships outside are being contacted to ask for donations to
fund a scholarship to the ANA summer seminar in Colorado Springs, Colorado.
prepared a flyer to be mailed out to a variety of dealers throughout the country
to let them know of the program. In return for donations, the individual or
company will receive a free three month business card sized advertisement in our
materials received will be auctioned off at our regular membership meeting on
February 1st, 1995, with all of the proceeds going directly into the scholarship
fund. The amount needed is estimated to be around $600 to include airfare and
the cost of the seminar. On this subject, if anybody has an extra Permanent Fund
airline ticket coupon that they wish to sell to the club, please contact Mike
two weeks after sending out the flyers, the first response was received from
California dealer Fred Weinberg.
the words of Mike Greer:
Weinberg & Co. of Encino, California, has donated an assortment of coins,
videos, and books to be auctioned in February. Mr. Weinberg deals mostly in mint
errors and if you collect errors, feel free to contact him or send your want
list. Our thanks go out to our first out of state donator, Fred Weinberg.
editor had a chance to go through the materials donated by Mr. Wienberg, and I
must say that it is a very impressive group of materials, and a very generous
this is any indication, we are looking at an amazing auction in February! As a
bonus for being our first out of stare donor, we have reproduced one of Mr.
Weinberg's advertisements from the inside cover of the Errorscope, journal of
the Combined Organization of Numismatic Error Collectors of America.
word is that two more donations have just arrived from out of state. It looks
like Mike's efforts will be very successful in sending one lucky YN to Colorado
Springs. For information or questions, write to:
Anchorage Coin Club
this is the sixth installment in a series of articles started in August 1994.
The decade of the 1840's started with a big presidential election. Democrat
Martin Van Buren was running for reelection against Whig candidate William Henry
was chosen because he could be billed as a true American, having been born in a
log cabin in the western frontier. His only claim to fame was that he led the
forces that battled Native Americans at Tippecanoe just before the war of 1812.
The Whig vice presidential candidate was John Tyler, chosen for his support of
the states rights position, which would give them support from most areas of the
Whigs came up with the still well known campaign slogan of "Tippecanoe and
Tyler too" as part of their noisy, attention getting campaign. Even with
all of the fancy stunts being performed by the Whigs, nothing was said about the
candidates position on any issues of any real importance. This was best summed
up by Harrison's campaign manager: "Let no committee, no convention, no
town meeting ever get from Harrison a single word about what he thinks now , or
what he will do hereafter". Needless to say, Harrison won by a landslide.
only four weeks as president, Harrison went out in the early morning rain,
caught a cold, and died - making John Tyler the new president. Tyler tended to
disagree with both parties, even his own party. This resulted in no important or
lasting laws being passed during his term in office.
only real achievement during Tyler's presidency was establishment of part of the
northern border of the United States. Canada was still part of Great Britain at
this time, meaning that there was a threat of war based on logging rights in
northern Maine. A new British prime minister came to power in 1842, and he
wanted to settle peacefully with the US. The British sent Lord Ashburton to meet
with secretary of state Daniel Webster. The meeting was so successful that the
border was established in Maine and all the way west to Lake of the Woods,
were still the intertwined questions of annexation of Texas and the balance of
power between slave owning states and free states. Being a southerner, Tyler
made an attempt to annex Texas in 1843, but fear of war with Mexico led to the
were starting to happen further west during this time as well. Doctor Marcus
Whitman and his wife (one of the first white women to go far west) set up a
mission in the Oregon Territory (in present day Washington) in 1836. They
returned east in 1842 and published a series of articles in the New York
Tribune. The same year, a book was written by Charles Fremont and his scout, Kit
Carson, about their exploration of the mountain passes of the Rockies.
writings were so popular that the next year, 1843, over 1000 pioneers headed
west along the Oregon Trail. The occasionally treacherous trail started near
Independence, Missouri, and followed an array of rivers to end up at Fort
Vancouver in the Willamette Valley. In the 1920's and 1930's, a commemorative
was issued to salute these early pioneers and pay tribute to those that died
along the trail. A decent specimen of this commem can currently be purchased for
just under $100.
James K. Polk, elected in 1844, originally wanted to claim the entire Oregon
territory for the United States. At this time, Oregon stretched from the Russian
territory (presently Alaska) in the north to the Mexican territory (presently
California) in the south. The British also wanted the whole territory to become
part of Canada, so Polk proposed that the area should be divided at the 49th
parallel. At first the British held out for the whole area, but finally agreed
when they saw how many thousands of American settlers were pouring into this
area. Another long running dispute was settled in late 1845 when Texas finally
became a state.
Polk was also very interested in acquiring all of northern Mexico, especially
California. He was willing to purchase the area from Mexico, but a recent
revolution in that country left them in a non talkative mood. Polk decided to
use force to capture the desired territory. War was declared on Mexico in May
Polk developed a three part strategy for pushing Mexico entirely out of the west
Polk developed a three part strategy for conquering Mexico. Part one was to drive all of the Mexicans out of Texas. A combination of attacking by sea from the Gulf of Mexico and on land. It did not take long to accomplish this part one because the Americans were better prepared and had superior weaponry.
two of Polk's plan was to conquer California. Again, this was easily
accomplished using a combination of land and sea warfare. There was also help
from within as American settlers in the area revolted against the Mexicans. The
result of the first two parts of Polk's plan was that
in only nine months, Mexico had its northern border moved from Oregon all the
way south to just north of Mexico City!
three was to take the city of Mexico City. Under the expert command of General
Winfield Scott, "Old Fuss and Feathers", the city was conquered with
very few American casualties.
border was finally negotiated with the few remaining leaders in Mexico in
February, 1848. That border exists essentially unchanged to this day. In payment
for the land taken, Mexico had all of its debt to the United States cancelled,
and received a payment of $15 million. The Mexicans in the annexed areas had the
option of becoming American citizens or moving south and selling their property
without paying taxes.
year 1848 is well known to numismatists as being the year that James Marshall
discovered gold while building a sawmill for John Sutter. This led to the
incredible 1849 California gold rush. In that year alone, the population of
California increased from 15,000 to 93,000!
Gold was discovered by James Marshall during the construction of a sawmill for John Suter
forty - niners are commemorated on the obverse of the California Diamond Jubilee
commemorative half dollar issued in 1925.
1840's saw little action in the area of half cents, but large production numbers
in the cents make these coins very affordable and collectable today.
scale production of the liberty seated design was under way on the silver coins
of this decade. With the exception of the silver dollars, which are scarce,
examples of these 150 year old are coins are readily available and reasonably
denominations from quarter eagles through eagles saw the coronet or Liberty head
design get firmly established. In these early years of the design, the motto
"In God We Trust" was not used over the eagle on the reverse. In
general, these no motto coins are scarcer, in higher demand, and more expensive
than the later issues which include the motto.
new gold denominations were started in the late 1840's. The tiny one dollar gold
piece saw its first regular production, with two separate varieties: the open
wreath and the closed wreath.
dollar gold pieces also got their start at the end of the decade, but only in
pattern form. Only one specimen exists of the 1849 twenty, and it is in the
collection at the Smithsonian Institution.
the gold dollar and the twenty had essentially the same obverse design, as
produced by James B. Longacre. While the dollar had a wreath on the reverse, the
twenty had a stylized heraldic eagle.
February: The 1850's
V. President- Mike Orr Days: 258-9100
Treasurer- Paul Wheeler Days: 563-3910
Sec./Editor- Mike Nourse Any: 344-9856
Board of Directors
Robert Hall- Days: 265-8782
Regular Membership $25/year
Associate Membership $10/year
Junior Membership $5/year
save cost, members not responding to renewal notices within three months will be
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: PO Box 230169 Anchorage, Alaska 99523