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ACCent: The Monthly Newsletter of the Anchorage Coin Club
Membership Meeting 1st Wed. each month, 7 PM, Central Lutheran Church, 15th and Cordova
Vol. 24 No. 4
NEXT MEMBERSHIP MEETING: APRIL 6th
MORGAN & PEACE DOLLARS
Every year the U.S. mint strikes ten billion coins. That includes circulating coins, proof coins, commemorative coins, bullion coins, and some medallions. That is a lot of chances to make a mistake.
There are coin presses at the mint that pour out coins like a spigot watering your lawn. And that is just the end of the long process of making coins. It all starts with the mining and refining of metals.
Refined metals are rolled out into sheets. Some are layered to make clad coins. Some errors come from metal sheets that have other materials laminated into them and some from sheets that do not get the proper cladding.
Coin blanks are cut out of the sheets and they might get cut wrong. Once in the press they can be struck off center, double struck, or struck through foreign material. Coins can get stuck in the collar and strike other coins or fall out of the collar and get extra strikes or get struck without a collar to make a broadstruck error. The wrong metal could be loaded into the machines giving you off-metal errors.
That is just the errors you can get from the press room. Die preparation is another source of errors. If the hub is loose when the die is cut you get a double die error and end up with four fives instead of two for 1955. If the mintmark has to be struck deeper into the die or needs to be changed you get a double-punched mintmark. If a mark needs to be polished off a die and it gets polished too much you could lose a leg off a buffalo.
Even before dies are cut mistakes are made. Leaving the word cents off the 1883 nickel was a mistake. A design that kept the 1921 Peace dollar from stacking properly was a mistake. Leaving Liberty bare chested on the standing liberty quarter was a mistake.
But mistakes made by people who wear suits and sit behind desks do not make error coins they make coin varieties. Error coins are made by people who work on the factory floor. The mint now has better equipment to detect misstruck coins and directs them to waffling machines to be mangled.
You can read about error coins in the latest issues of the Red Book. There is a magazine dedicated to errors called Errorscope. Good member Bill Fivaz published a book called The Cherry Picker's Guide that gives you heads up on errors and varieties to look
If you have two double die and three double struck coins you found in pocket change...
You are probably a numismatist...
And you should belong to the Anchorage Coin Club.
The very first real woman to be pictured on American money was Martha Washington, the wife of our founding father. Our top prize in the raffle drawing for our summer picnic is a Martha note. It is a nice example of a very popular note. The notes were part of anew program of paper money to be used instead of silver coin. This design was not in circulation very long.
There were many fond memories of Martha. If you look very closely at the note in our raffle you will see a very tiny pinhole from someone who had her pinned up on the wall. Unless you were looking to see if she had been pinned before you would not notice it. This note is hard to find in high grade. We grade this note about very fine. She would be a great addition to your collection.
Door prize: TGS Certified 1973 Lincoln Cent MS66 Red. Won by: Carl's son...Cash. Membership prize: PCC Certified 1981-S Pr69 Lincoln Cent. Won by: Bill Rodeck.
First order of business was the yearly election of club officers for 2011. Results:
• President- Tim Burke
• Vice President- Carl Mujagic
• Secretary- Larry Nakata
• Treasurer- Stan Mead
• Board Seat #1- Robert Hughes
• Board Seat #2- Loren Lucason
• Board Seat #3- John Larson
Presentation by Carl on the subject of "Error Coins".
Meeting concluded with club's monthly "Bullet" Coin Auction.
Next meeting: April 6th 7pm.
Last: ADROLL - DOLLAR the base denomination of American money.
Board meeting held at the New Cauldron Restaurant (usual meeting location) at the University Center. Called to order by club president Tim Burke at 6:35 PM.
Review of correspondence. No bills.
Discussion of a coin show program for the next 12 months. Carl will look into availability of University Center for coin shows for the following dates:
• May 21st / 22nd- Spring Coin Show
• Oct 8th / 9th - Permanent Fund (PFD) Coin Show
• Dec 17th / 18th- Holiday Season Coin Show
• Feb 25th / 26th -2012 Fur Rondy Coin Show #1
• March 3rd / 4th -2012 Fur Rondy Coin Show #2
Club's summer picnic date chosen as Saturday, July 9th. Same location as previous years- Abbott Community Park on Elmore Street. Stan Mead will check with City Parks and secure location for our summer picnic event. Highlight of the picnic will be our club's annual Numismatic/Coin Donation Auction. Our club's three raffle prizes will see their raffle drawing at the Summer Picnic.
With the next raffle drawing set at July 9th, discussion on ways to promote our club's raffle prizes:
• U.S. Note- $1 Martha Washington
• Proof Liberty Nickel
• Semi-Key Date Morgan Dollar in MS62/63 condition.
For April 6th Membership meeting, Larry Nakata will give a presentation on Morgan/Peace Silver Dollars. Stan Mead will bring pizzas/chips as refreshments for this meeting.
As there was no further business, meeting adjourned at 7:30 PM.....Larry Nakata/Secretary.
Next meeting: April 20th 6:30pm
Bill Fivaz and Bill Hamilton
coins for Bullet Coin Auction
1. 1933-D Lincoln Cent MS64 Super Original Toning Minimum Bid (MB) $39
2. 1938-D Buffalo Nickel MS65 Toned MB 35
3. 1835 Bust Half Dollar VVF No Minimum
4. 1919-P Walking Liberty Half Dollar G No Minimum
5. 1899-0 Micro o Morgan $1 (VAM-4) F No Minimum
6. 1903-P Morgan $1 MS-62 No Minimum
7. 1934-D Peace $1 Fine No Minimum
8. 1925 Stone Mt 50c Commemorative AU No Minimum
9. 1936 Rhode Island 50c Commem MS-63 No Minimum
10. Clad 50c Blank Planchet (T-2) No Minimum
11. D.L. Wing Store Card Token (R-3) EF/ AUNo Minimum
12. 1966 Canadian $1 (Silver) No Minimum
13. 1902 Great Britain Trade $1 (.78 ASW) AU No Minimum
14. 1993 U.S. Silver Eagle $1 NGC MS-69 No Minimum
15. 1998 1/10 oz. Gold Eagle BU No Minimum
16. Donation Coin: 1944-S Mercury 10c MS-64
17. 1917-S Mercury 10c G No Minimum
18. 1914 Barber Quarter F+ No Minimum
19. 1908-O Barber Half Dollar G No Minimum
20. 1960 Denmark 5 Kroner (Silver) BU MB 20
21. 1976 U.S. Mint Set MB 4.50
22. 1973 U.S. Proof Set MB 4.50
23. 1974 U.S. Proof Set MB 6.00
24. 1975 U.S. Proof Set MB 7.25
25. 1976 U.S. Proof Set MB 5.00
26. 1977 U.S. Proof Set MB 4.00
WE WILL BRING THE PIZZA
CITY:________________________ STATE:_______ ZIP:___________
DUES: Regular; Full membership for those living in Anchorage $25
Sponsored membership - first year $15
Senior, Handicap, & Associates outside Anchorage area $10
Junior; those under the age of 17 $5
Life membership $250
Send application and dues to :
Anchorage Coin Club
P.O. Box 230169
Anchorage, Alaska 99523
E-mail Address: firstname.lastname@example.org
ANCHORAGE COIN CLUB
MARTHA WASHINGTON NOTE
PROOF LIBERTY NICKEL,
KEY SILVER DOLLAR MS 62/63
THE 3 WINNERS DRAWN AT OUR
TICKETS: $5 each or 5 for $20
SECOND AND THIRD PRIZE SAME TICKET
ANCHORAGE COIN CLUB OFFICERS:
President: Tim Burke
Vice President: Carl
Secretary: Larry Nakata
Treasurer: Stan Mead
Board Member: John Larson
Board Member: Robert
ACCent Editor: Loren Lucason
#91 Mike Orr: themoneymerchant.com
#110 Bill Fivaz: e-mail email@example.com
#210 Tom Cederlind: tomcederlind.com