Return to Alaska Coin Exchange homepage

Return to ACCent homepage

ACCent: The Monthly Newsletter of the Anchorage Coin Club

ACCent Header

Volume 9, Number 5

May 1996

May Membership Meeting
Wed., May 1, 1996 Central Lutheran Church

7:30 PM Meeting



The April 3rd membership meeting that was held at the Anchorage Museum of History and Art was a very elegant affair. Some 50 club members were present for the inauguration of "The History of Money" display. The premier items on display were the four sealskin notes from the Russian Alaskan period. Thanks go out to club member Kaye Dethridge for allowing the club to display these unique forms of money characteristic of Alaska. (Editor's Comment: It was quite impressive seeing these four notes as the focal point of the display.}

After all of the oohs and aahs of viewing the exhibit, the meeting proceeded to an auction of some 25 donated lots which resulted in raising $520 for the YN Scholarship Program. Thanks go out to our club members for their generositv in supporting your YN Program,

The hors d'oeuvres provided for the occasion were wonderful (as they were catered out especially for this event).

For those members who have not seen the display, your editors want to remind you that this displa\ will continue until April 28th. There is a S4 admission fee (o the museum. We encourage everyone to see this exhibit. This is an accomplishment that we can all be proud of.

The next membership meeting on May 1st will see the remaining donated lots auctioned for the YN Scholarship Program. At this time, there are 64 lots as are listed in this newsletter. We hope to see a good turnout by our club membership for this coin auction. Please continue supporting your YN Program.

The May membership meeting is also intended to put closure to the March elections. At the last Board meeting (April 17th), considerable discussion by the Board resulted in a decision to have the membership formally approve the slate of candidates that resulted from the March membership meeting. (See "Membership News/ Results of April 17th Board Meeting")

With the apparent success of "The History of Money" display, our editors would like to give recognition to those club members who donated their time and numismatic materials for this wonderful project. It took a lot of time and effort over a number of months to make this event happen. Richard Bilak (Member# 176) should be given very special accolades for his efforts in keeping all of the volunteers working together as one cohesive group. This project is certainly  a fine effort on the part of The Anchorage Coin Club in commemorating National Coin Week (April21-27)



Schedule of Events for the Month of May:

1. Monthly Membership Meeting May I" (Wednesday) at 7:30 PM al the Central Lutheran Church. Club members and general public welcomed. This meeting will have a coin auction in support of the YN Scholarship Program.

2. YN Meeting: May 10th (Friday) at 7:00 PM at the Central Lutheran Church. YNs, club members, and general public welcomed. This session will be on "Cherrypicking Part II".

3. Anchorage Coin Club Board Meeting: May 15th (Wednesday) at 7:00 PM at the Central Lutheran Church,

April 3rd Membership Meeting

The membership meeting was held at the Anchorage Museum of History and Art. It's purpose was to inaugurate the club's display on "The History of Money". The display featured the evolution of money from the beginnings of coinage (approximately 600 BC) to present day. The membership took the opportunity to view all of the displayed material and talk with the volunteers on respective aspects of the display. Mike McKinnon read the mayoral proclamation designating April 21-27 as National Coin Week in the Municipality of Anchorage. The mayoral proclamation was then posted with the display.

Following these proceedings, the auction was held in support of the YN Scholarship Program Mike Greer . our beloved YN, reminded all members in attendance that there will be approximately 75 remaining lots auctioned at the club's May 1st membership meeting.

The membership meeting concluded at approximately 9:30 PM.

Results of April 17th Board Meeting

Considerable discussion was made on the results of the March elections. There were concerns expressed by board members that the results of the elections remained unresolved. It was pointed out that the membership did not have an opportunity to formally approve the slate of candidates.

The Board decided that a need for such a vote of approval would be necessary to put closure to the election process. Accordingly, a vote will be taken at the May 1st membership meeting

The Board reviewed proposed changes to the club's bylaws. Among changes recommended were establishment of Robert's Rules of Order as the guide in club matters, the decision not to allow proxies in elections, and limits on terms of office for the President (no more than two consecutive terms). Approval of the bylaws changes are to be voted on at the May membership meeting. Robert Hall pointed out that a number of the club members have never seen the club bylaws. A copy of the bylaws will be made available to all club members at the May 1st membership meeting.

The Board then discussed the issue of upcoming coin shows. Larry Nakata made the recommendation that the club target shows for the months of September (preferably the end of September) , October, and November. The Club's Show Committee will be identifying malls that will be available during these months.

Also discussed were ideas on how to increase the number of coin tables to allow for at least a 50:50 table ratio between coins and other collectibles. Larry Nakata suggested that we encourage club members to have display tables at such shows. These display tables would educate the general public in various areas of numismatics. The Board accordingly made the decision to provide free tables to members wishing to have such displays. The Show Committee will be soliciting members on commitments for coin tables for the September. October . and November shows.

Correspondence was reviewed by the Board. Checks for bills were approved and paid at the Board meeting. Robert Hall made the recommendation that the rental donation to the Central Lutheran Church be increased from $300 year to $600 year. It was pointed out that the club presently holds three meetings each month (membership meeting, YN meeting, and Board meeting). The Board subsequently approved the increase.

Robert Hall gave a treasurer's report showing approximately $4,400 in the club's account as of the February 1996 bank statement $3300 of these moneys are slated as the club's general fund with the remaining $1,100 slated as the seminar fund, YN fund, and Bill Garing fund.

The upcoming September seminar was discussed. A decision will need lo be made by the Seminar Committee (Robert Hall and Mike Greer) as to the location for the event. This decision will likely be made within the next 30 days. Those members who have committed to attendance at this seminar will be asked to put a deposit down to secure their reservations as there are upfront costs that need to be paid for the seminar. To date there are some 15 commitments for attendance. Calls will be made to members encouraging attendance to this event.

The Board meeting concluded at 9:15 PM.

Editors Final Items

Your editors wish to correct an error made in our last newsletter. Lot # 25 Catalog. Standard Catalog, English + U.K. was listed as donated by Jonathan K. Kern Company. This lot was actually donated by Ponterio and Associates 1818 Robinson Ave, San Diego, CA 92103. Our thanks go to Ponterio and Associates for their donations to the YN Scholarship Program.

Finally, three new members signed on as club members in April. Mark Nagy from Palmer, Genaro Sipin, and our youngest YN to date (4 months old) - Gunnar Robuck son of member Mike Robuck. Welcome to the club!!!!

by Mike Greer (Your Club VP and YN)

Well... the last YN meeting went nicely. As with all YN meetings the meeting started off with pizza and pop - Thank You Larry. Eight YNs showed up for the "Cherrypicking" meeting. A small talk was given on the subject of Cherrypicking (the an of buying or finding varieties on coins at face or book value for the normal coin). A bag of 500 cents was tossed out onto the table and the coins were divided among the YNs to search through and "CherryPick". During the hour that followed the YNs had an AWESOME time finding some minor varieties and a couple of major ones. Each variety found was authenticated, put into a 2x2, and then labeled. Below is a list of the Cherrypickers and their finds:

• Kyle Wilson - 1964-D 5% clipped. 1960-D, small date.

• Andy Panko - 1995 Double Die. (4) 1960-D small dates.

• Sam Boolue - 1983 Double Die Reverse. 1995 Double Die.

• Heather Hansen - 1960 Cud. (3) 1960-D small dates.

• Travis Wilson -  1995 Double Die.

• Nicky Bilak - (2) 1960-D,small dates. 1960-D / cud. 1960-D lamination

• Nathan Hansen - (3) 1960D small dates.

• Stacy Mitchmond - (2) 1995 Double Dies.

• Nathaniel Grabman - (2) 1960-Dsmall dates.

• Core) Rennell - (5)1960-D / small dates. 1964D defective planchet. 1983 / die chip rotated reverse. 1959 lamination.

• Lance Smith - 1969-S Double die obverse. 1964 die chip.

All finds were cents, keep in mind: Only two 1995 Double dies were inserted into the pile of cents. All other finds were done without any help. Oh. I just wanted to apologize to all the dealers in Anchorage that thought they only had a couple of us "CherryPickers" to deal you have a bunch more!!!

Thanks go out to Larry, JT Stanton, Bill Hamilton, and all the parents for making this a GREAT meeting.

Remember: make sure you attend the next YN meeting. We will explore how to clean and alter coins like all the rest of the PROs.

Ha. Ha. Ha. Ha...the next meeting will focus on "Part 2 of Cherry-picking." See you there!


Please Note: All auction lots are donated material and are so noted. Proceeds to go lo the club's VN program.


1. Costa Rica 1979 50 colones "Year of Child". Retail $10. Donated by Fred Weinberg.

2 1992 Russian ruble. Retail $5. Donated by Fred Weinberg.

3. 1978 Mexico 10 peso (off center octagon). Retail $10. Donated by Fred Weinberg.

4. Asian Games Commemorative booklet. Retail $5. Donated by Fred Weinberg.

5 thru 16; Twelve (12) Mercury Dime Starter Kits. Retail $10 each. Donated by The Dime Store.

17. Book. Munzenliste Herbst (Ancient Coins, Tokens). Retail $15. Donated by Jonathan K. Kern Co.

18. Book. English Silver Coinage from 1649 - Seaby. Retail $15 Donated by Jonathan K. Kern Co.

19.  Book, Modern British Commonwealth - Harris. Retail $10. Donated by Jonathan K. Kern Co.

20. Three (3) Dolphin Coin's pricelists. 1991, 1992, 1993. Retail $10. Donated by Jonathan K. Kern Co.

21 Book Early Paper Money of America (Hardback) - Newman.Retail $50. Donated by Jonathan K. Kern Co.

22. Eleven (11) assorted capital plastic holders. Retail $75 as a lot. Donated by Jonathan K. Kern Co.

23 Great Britain Coin Set UNC. Retail $15 Donated by Anthony Swiatek.

24. Bicentennial Medal. Retail $5. Donated by Anthony Swiatek.

25 Silver 52 Flamingo coin Bahamas. Retail $15. Donated by Anthony Swiatek.

26 Two (2) "Churchill" coins. Retail $10. Donated by Anthony Swiatek.

27. Book 20th Century Gold - Akers. Donated by Bowers and Merena.

28. Book. Numismatists Lakeside Companion. Donated by Bowers and Merena.

29. Book 3 Cent + 5 Cent Pieces-Bowers. Donated by Bowers and Merena.

30. Book. Type Coins- Bowers. Donated by Bowers and Merena.

31. Book. Numismatists Travel Companion - Bowers. Donated by Bowers and Merena.

32. 1973 Proof Set. Donated by JT Stanton.

33. 1974 Proof Set. Donated by JT Stanton.

34. 1971 Government package Proof Ike. Donated by JT Stanton.

35. 1992 Cripple Creek Medal. Donated by JT Stanton.

36. "1780" Silver- Theresiad. G. (S.F.) Donated by JT Stanton.

37. NGC Sample 1955 Dime. Donated by JT Stanton.

38. PCI Sample 1944S Cent. Donated by JT Stanton.

39. PCI Sample 1944S Cent. Donated b> JT Stanton.

40. SGS Sample 1995D Cent. Donated by JT Stanton.

41. Cook Island $3 Note. Retail $6. Donated by Paul Wheeler.

42. Cook Island Stamps - large. Retail $3. Donated by Paul Wheeler.

43. Cook Island $3 Note. Retail $6. Donated by Paul Wheeler.

44. Cook Island Stamps - Small. Retail $7. Donated by Paul Wheeler.

45. 1942 Dime MS60 FSB. Retail $6. Donated by Bill Fivaz.

46. 1954 Dime MS65. Retail $2. Donated by Bill Fivaz.

47. 1936 S/S Nickel RPM #1 VF. Donated by Bill Fivaz.

48. 1880 Cent. Snow #4. Donated by Bill Fivaz.

49. 1922-D Cent XF. Retail $17. Donated by Bill Fivaz.

50. 1961 Proof Half Dollar. DDR# 2 Donated by Bill Fivaz.

51. 1965 SMS Half Dollar. F in "FG" missing. Donated by Bill Fivaz

52. 1982 Half Dollar. Missing "FG". UNC. Donated by Bill Fivaz.

53. 1941 Dime BU FSB. Donated by Mike Greer.

54-55. Book. Two (2) Collectable US Coins (hardbound) - Bressett. Donated by Robert Hoge.

56-59. (SPMC) 1983 Souvenir Cards. Retail $10 each. Donated by ANA Governor John Wilson.

60. 1803 Large Cent, S254. AG3 Donated by Skip Pelleteer.

61. 1825 Large Cent, N6. G4. Donated by Skip Pelleteer.

62. 1843 Large Cent, N4. F12. Donated by Skip Pelleteer.

63. 1852 Large Cent, N22. VG10. Donated by Skip Pelleteer.

64. 1856 Large Cent, N18. FI2. Donated by Skip Pelleteer.

Thanks go out to everyone who donated material for the YN Coin Auction.....Mike Greer.



Your editors received very favorable comments about last month's article "From the Cookbook of Mike Greer". In particular came this e-mail message comment from Jim Susky in Homer who asked us to pass this comment onto Dr. Greer.

From: Jim Susky homerfan@xyz.nei To: Mike Greer

Dear "Doctor" Greer:

It is clear from your recently published finding that you are not only an "Admired YN" but will soon be an accomplished practitioner of cosmetic numismatics. Such a cosmetician need not find error but make them (!!).

Bill Fivaz will be happy to see your reference to WWTS's except that one of the cardinal rules in assembling a WWTS is that coins must be found in a state of excessive wear and not made that way.

As a bit of experimental journalism, it serves at least two purposes: first, it is informative and. perhaps more important, it is highly entertaining (It's also well written. Mike). Keep up the good work. I look forward to more coin "cures".......

        Jim Susky.

Your editors have also made some changes to the club's WEB pages by incorporating some of the new features available with the latest Internet access software by Netscape (Netscape v. 2.01). We hope those people browsing our WEB pages will like these changes.


by Loren Lucason (Member #70)

There is a 6.4 gram Greek silver coin featuring a boy riding a dolphin. The story of this coin refers to the founding of the city of Taras. Back in the eighth century BC a fisherman decided to take his son, Taras, fishing for the first time. At first the weather was fairly nice but suddenly a storm broke. The seas rose and the little boat was tossed about until ii wrecked on the rocks of a tiny island. Taras was washed overboard and carried off by the waves.


Poseidon, the god of oceans and storms, decided to adopt the orphaned Taras and sent a dolphin to save him. The dolphin delivered Taras to a beach in south Italy where the city of Taras was founded.

The city became a major trading port and began producing their own coins. They started with a dolphin on the coins, then about 500 BC changed to a boy riding a dolphin. Later a horseman was added to the reverse. The Romans took over Taras in 212 BC and the name was changed to Tarentum. Today it is called Taranto.


The coins are most commonly found as didrachms of 272 to 235 BC. A well centered didrachm in VF cost $150 ten years ago.


by Ed Reiter (March 1996 / COINage)


Editors note: The following article was printed in Ed Reiter's column (My Two Cents' Worth) in the March edition of COINage. We found the article quite intriguing........

Technology is a marvelous thing. It enhances . enriches, and even enables our lives, freeing us from the drudgeries that dragged down our forebears and made the human experience drab and mundane for many millions. The automobile, the airplane, television, movies—these and many other technical advances have fundamentally altered the course of man's history, and dramatically improved the quality of his life, just within the last hundred years.

Progress has its price, though, and old-style coin collecting may be among the victims paying pan of the price in the 1990s.

I had sensed this for quite a while and addressed some of its symptoms in a column several years ago lamenting the decline of local coin clubs and coin shows across the nation. The bigger picture, however, didn't really emerge into sharp, clear focus for me until a recent interview with Q. David Bowers, who surely ranks not only as one of the most prolific writers in numismatics but also as one of the most profound thinkers.

Bowers, too. is concerned about the decline in coin club membership and coin show attendance. He traces it, however, not so much to deepening disenchantment with coins, stemming perhaps from the coin market's malaise in recent years, but rather to growing preoccupation with alternative forms of recreation- notably on-line computer networks and videocassettes. In short, he regards it as a side effect of technology.

"What I see happening." Bowers said, "is that traditional coin clubs- the kind that meet Tuesday evening at the Elks lodge or something- are decreasing in number because more people are spending time at home with their personal computers or VCRs, their 200 channel TV satellite receivers and so forth.

"This same situation has affected almost even fraternal organization and every social group in existence- the Elks, the Masons, all the different clubs. It's one of the new realities of life in the 1990's."

Yet, while he regrets the passing- or at least the eclipsing- of traditional forms of organized numismatics. Bowers sees this not as the end of the line for coin clubs and shows, but rather as a turn in a new direction.

"While the all-purpose coin club- the social-gathering coin club- has been on the decrease," he pointed out, "the special-interest club has been on the increase. Specialized societies now exist, and have for some time, for tokens and medals, Indian cents, Colonials, paper money, half dollars. Liberty Seated coins, earls coins by John Reich and many, many other different specialties. And these clubs are attracting growing memberships and putting out increasingly excellent journals, where people are sharing their finds and their enthusiasm.

"I think this is good for the collector end of the hobby. It gives collectors affinity groups. And it's probably the same sort of thing we've seen in the publishing field in recent years, where specialty magazines are doing better now than general-interest magazines like The Saturday Evening Post. It's become a specialty world."

I confess that I myself spend far more time today "chatting" on-line on my personal computer than mingling with fellow hobbyists at coin club meetings and shows. And many other coin collectors seem to be doing likewise, as Managing Editor Kari Stone reports in an article elsewhere in this month's COINage. It's simply more convenient- and undoubtedly the novelty also plays a pan in its appeal. I find Dave Bowers' analysis reassuring: I much prefer to think of our hobby as  reinventing itself, rather than being consigned to history's dustbin. Still, it's always difficult to see the old ways fade, even when technology holds up the promise of brighter tomorrows. Progress can be wonderful, but there's something to be said for tradition, too.

(Editor's Comment: What do you club members think??!!!)


Thanks Go To The Following People and Organizations Who Donated Numismatic Materials For the YN Auction

• Gallery Mint Museum/ P.O. Box 706/ Eureka Springs, AR 72632

• Del Romines/ P.O. Box 1586/Tucker, GA 30085-1586.

• Fred Weinberg/ 16311 Ventura Blvd, Suite 1288/ Encino, CA 91436

• Mike Greer/ Member# 81/ Anchorage Coin Club

• Larry Nakata/ Member# 41/ Anchorage Coin Club

• Bill Fivaz/ Member^ HO/ Anchorage Coin Club/ P.O. Box 888660/ Dunwoody, GA 30356

• Paul Wheeler/ Member# 477 Anchorage Coin Club

• Jonathan K. Kern Co./ 441 South Ashland Ave/ Lexington, KY 40502

• Ponterio & Associates/ 1818 Robinson Ave/ San Diego, CA 92103

• Judy Mathern/ CONECA/ YN Coordinator/ Donation of SI 007 8150 Collier Rd./ Beaumont, TX 77706

• The Dime Store/ 4415 Metro Parkway, Suite 202/ Ft. Myers, FL 33916

• Bowers and Marina/ Box 12247 Wolfeboro, NH 03894

• J. T. Stanton/ P.O. Box 15487/ Savannah, GA 31416-2187

• Anthony Swiatek/ ANA Vice President/ P.O. Box 2187 Manhasset, NY 11030

• John Wilson/ ANA Governor/ P.O. Box 27185/ Milwaukee, XVI 53227



The Anchorage Coin Club

Meetings:       Membership meeting - First Wednesday of the month, 7:30 PM
                        E-Board meeting - Third Wednesday of the month, 7:00 PM
                        Meetings held at the Central Lutheran Church, at the corner of 15th and Cordova


Club Officers

President-                     Mike McKinnon      Eves: 248-0955
V. President-                Mike Greer          Eves: 344-1907
Treasurer-                      Robert Hall        Eves: 561-8343
Secretary-                   Scott Hornal        Eves: 243-0149
Editors -                     Loren Lucason    Eves: 272-3700
                                    Larry Nakata
                                    Brad Webb
                                    Mike Nourse
                                    Mike Greer

Board of Directors

Mike Orr-                        Eves: 258-9100

Larry Nakata-                 Days: 269-5603
                                         Eves: 563-1729

John Larson-                    Eves: 276-3292


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