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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

April 2012

Vol. 25  No. 4

US State Bank Notes of the 19th Century

Coin Collecting
Let's Count the Ways

    The number one way to start collecting coins is to put together a set of every date and mint-mark of a coin series. A collection in the United States it is likely a set of Lincoln cents. You need to know that the little letter by the date is the mint-mark. It is easy to get going but soon you run up against the keys - the rare coins in the series hard to afford but vital to complete the set. In the Lincoln set the hardest key is the 1909-S VDB.

Slabbed Lincoln


    A second way to collect coins is to build a type set. This is a set with one coin from each of the series. You get one Lincoln cent, one Indian Head cent, and one flying Eagle cent. Then go on to the nickel types, then the dime, quarter, half, and dollar types. This could start very easily with a BU cent then get difficult as you get into the 1800's. The goal is to get the best coin of each type for your set. Usually gold coins are not included.

    A third way to collect is to find coins of history. Coins celebrating the 200th birth year of the country are easy to find and steel cents of the second world war are historic. Then there is Lincoln's birth year and Washington's birth year. There are historic coins from around the world. Russian coins with CCCP on them have history as well as coins with a swastika. Coins from countries that no longer exist are historic. Coins with former leaders on them often have interesting, historic stories behind them. In fact all coins have history. Everything from ancient Greek coins hand struck in Athens to modern American zinc pennies have history.

Toned Dime

    A beautiful collection of toned coins could be put together; coins showing the myriad of colors given to them by their environment. Most every coin takes on some color. Even gold coins contain a little copper that changes to a light red or green tinge. Silver and copper coins darken soon after being put in circulation but if you catch one just right you get a coin with a delicate, wonderful rainbow of colors on it.

    Some people's approach to coin collecting is a combination of the above. First gather up all coins in a series that are easy to get. Then go to interesting foreign coins of the same size instead of spending the high price for keys. Search through coins of history and, always, keep an eye out for an opportunity to pick up a key coin at a good price.

    You could collect coins with animals on them, or buildings, or famous leaders. You could put together a collection of coins from every country in the world, or from every country involved in the second world war. A collection of coins from each of your ancestor's home countries might be nice, or just a set of the coins that were in circulation when you were born. Perhaps a set of coins made of every metal ever used in coinage.

Toned Barber


There are endless ways to collect coins. You could collect coins for investment, for education, or just for enjoyment.


Proof is in the Minting

    The mint specially makes proof coins for collectors. Extra care is taken to insure all of the design is transferred to the dies used to strike proof coins. They are then sand-blasted to remove any tool marks. The high points on the dies, which will be the background fields on the coins, are polished to a mirror surface.

    The blank metal disk that will be struck to make a coin is called a planchet. They are polished and cleaned. The proof coins are struck more than once to insure all of the design is impressed into the coin. When the coins come out of the press care is taken to make sure they do not get hit by anything that may leave a mark.




LECTICOLN __________________

Last: DANNII - Indian, name given to gold coins portraying American natives. (Europeans thought they had made it to India in when they discovered America.)



March 7th Membership Meeting

Door Prize: Great Britain 1964 One Penny in BU condition. Won by Carl's son, Cash. Membership Prize: Set of Republic of Slovenia coins. Won by Cameron (new YN).

Club Election Day: Membership voted and elected the following slate of officers for upcoming year:

Subsequent to election vote, Tim handed over gavel to new club President Carl.

    Following Carl's acceptance speech, briefing was given by member Glen Dean on latest status of program to promote numismatics with the schools in Anchorage:

Working on flyer for distribution to the schools.

Working with Anchorage School District on this project.

Will need a good amount of numismatic material as handouts for school children.

Will need help and volunteers once program is set up. Primarily to give presentations to schools.

    On the matter of old business, Tim Burke gave a briefing on the results of the Fur Rondy Coin Show at the University Center. It was a well attended event on both weekends of Fur Rondy with very good results. Loren commented that his table had a special on 2 proof dimes for 50 cents. Some 150 proof dimes were purchased at the Fur Rondy Coin Show. Note: As a result of the Fur Rondy Coin Show, four (4) new members joined our club at the March 7th membership meeting.

    "Show and Tell" session followed with members showing their coins and giving a short presentation on those coins.

Coin auction followed with meeting concluding shortly after the coin auction.



If you collect Morgan Dollar VAM's ..

You are probably a numismatist...

And you should belong to the Anchorage Coin Club.



March 21st Board Meeting

Anchorage Coin Club Board Meeting called to order at 6:30 PM by President Carl.

    Following distribution and review of correspondence. Carl announced that our club is now on Facebook. Club will need to have someone maintain our club's Facebook page.

Discussion on remainder of 2012 coin shows to be planned:

Permanent Dividend Fund (PFD) Show. Best dates are Oct 6th/7th or Oct 13th/14th. Carl has been approached by Toby / Excalibur Sports on having a combined Coin/Card/Collectables Show over at the Northway Mall. Carl will look into this matter. Other option is to continue having our coin shows at the University Center.

Christmas Show. Best dates are Dec 22nd / 23rd. Same situation with Northway Mall. Carl will look into this.

    Summer Picnic: Stan Mead will look at securing Saturday, July 7th for our coin club's 2012 Summer Picnic. Same location as last year: Abbott Community Park on Elmore St.

Briefing by Glen Dean on Numismatic Project at Anchorage Schools:

* Anchorage School District requires a flyer that can be e-mailed to the principals at their schools. If any principal is interested, that principal will then contact us on arrangement of session(s) at their respective schools. Flyer is expected to be finished shortly.

* Glen needs to have club members donate coin magazines and numismatic materials (such as old coin albums, coins, numismatic items, etc.) that can be handed out to the school children when making presentations. If members can start bringing in these items effective our club's April 4th membership meeting, Glen will stockpile materials in readiness for presentations.

* Glen will be looking for volunteers within our club to help out with the program.

* Note: In our club's upcoming newsletter, an announcement to be made to club members to donate such materials for the program and start bringing them in at our April 4th membership meeting.

    At April 4th membership meeting, Larry Nakata will be giving a presentation on "US State Bank Notes of the 19th Century". Stan Mead will arrange for the club refreshments/food for that evening.

Meeting adjourned at 7:30 PM...... Larry Nakata / Secretary.








Good stuff would be:

*coin folders

* foreign coins

*coin books.

    You must have some neat old stuff you could give us to give to kids who want to start coin collecting.




Submitted by Member Bill Fivaz:

1. 1909 VDB Lincoln Cent MS-63 RB Minimum Bid (MB) $20

2. BU Roll of 1937-S Lincoln Cents (original) MB $195

3. 1944-S Jefferson Nickel "Flagpole" or "$" variety MS-63 MB $10

4. 1912-D Barber Dime Original Toned AU MB $48

5. 1903-P Barber Quarter VF MB $20

6. 1941 -P Walking Liberty Half Dollar MS-65 w/hand & skirt lines MB $110

7. 1889-P Morgan Dollar Gold plated in (in bezel) UNC MB $48

8. 1927-P Peace Dollar MS-63 MB $115

9. 1981 -S Proof Set- all coins are T-2 (very rare as such) MB $225

10. Four (4) 1928 Red Seal $2 Notes in Fine MB $10

11. Two (2) 1963 Red Seal $1 Notes in XF MB $5

12. 1973-S Proof Set No Minimum

13. 1963 Canada Mint Set BU MB $15

14. Fifteen (15)1943 Australian Large Cents EF/AU No Minimum

15. Hobo Nickel by Keith Pederson (nice!) MB $58

16. Donation Coin: Alaska / Seward .925 Silver Round

17. U.S. Prestige Proof Set 1986 with Liberty Silver Dollar MB $20





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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:





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TICKETS: $5 each or 5 for $20.00



President: Carl Mujagic

Vice President: Robert Hughes

Secretary: Larry Nakata

Treasurer: Stan Mead

Board Seat #1: Loren Lucason

Board Seat #2: John Larson

Board Seat #3: Tim Burke

ACCent Editor: Loren Lucason