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ACCent: The Monthly Newsletter of the Anchorage Coin Club
Volume 27, Number 10
October Membership Meeting
|Tuesday October 7, 2014||
Central Lutheran Church, 15th & Cordova
Membership meeting called to order at 7:15 pm. Vice President Stewart Smith chaired this meeting.
First order of business was election of new club president.... as President Glen Dean is relocating to the Lower 48. Club member Allen Nichols was subsequently elected and will serve in that position until our next club officer elections in March 2015. Congratulations were given to Allen by club members present at the meeting.
Following election, monthly door prizes were awarded:
Series 1953 $2 Red Seal Note in XF condition won by Dean Sawyer,
Series 1934D $5 Silver Certificate won by Dave Everidge.
On the matter of old business, it was announced that for the time being, our club tables and cases will be stored by Carl at the University Center. However, this is only a temporary solution and we will need to see if club member(s) can store these items at their homes. If not, we may have to go to the expense of renting a storage facility location for these items. These items are used by our coin club for our coin shows held every year.
Also discussed was the club's next coin show. Briefing by Carl. Carl is looking for a confirmed date to conduct the coin show to coincide with the release of the Permanent Dividend checks on October 2nd. Carl is presently working with the University Center to secure a weekend near that date. Date to be announced in this month's newsletter. Members wanting tables for this coin show can get with Carl (907)561-2275 to secure table(s).
Raffle prize: 1887-P Morgan Dollar PCGS MS63+ won by Stan Mead.
Following the raffle prize drawing, the monthly coin auction was held. Following the auction, we then conducted our quarterly Buy-Sell-Trade session for the duration of the meeting
Larry Nakata/ Secretary
Minutes of the Sept 17th Board member was taken by Carl. Secretary Larry Nakata was on vacation down in the Lower 48 that week.
Board meeting held at the Yamato Ya Japanese Restaurant (located near the University Center).
There was not very much club business needing to be addressed at Board meeting.
Carl did not have a confirmed date for the club's October Coin Show as of this Board meeting. Carl indicated that he will have a weekend confirmed by the time of our club's newsletter. Members wanting tables for this coin show and contact Carl to secure reservations (907)561-2275.
Only other business discussed was the agenda for our next club membership meeting on October 7th (First Tuesday of October). Stan Mead will be giving a presentation on "U.S. Cents in 1909". Members are asked to bring a potluck dish as refreshments for the October 7th meeting.
Board meeting was subsequently concluded following dinner at the Yamato Ya Restaurant.
Carl / Board Member
For our next club meeting on October 7th, 7 pm,
Stan Mead will be doing a presentation at the October 7th meeting on 1909 coinage.
Dates for the upcoming Coin Show will be October 18th and 19th at the University Center. Members wanting tables for the October Coin Show can contact Carl at (907) 561-2275.
Refreshments will be Chili dogs, soda pop, and chips. Club members encouraged to bring side dishes and desserts to augment the Chili Dogs.
We will be having a potluck for the upcoming meeting. Club members are encouraged to bring a potluck dish.
The club is in the process of building an email list to be able to send out the monthly newsletter in pdf format to members.
We are asking for club members to consider helping the club store showcases and tables.
Monthly Raffle Prize will be a 1913 P Type 1 Buffalo nickel PCGS MS-65. Raffle tickets will be $5 each, 5 tickets/$20, or 11 tickets/$40.
We are now having Dan Barnhart (that's me!) help out with the newsletter.
It has been a while since Roy Brown left us. Every time I drive down Spenard Road I always think of Roy and his coin shop. I remember that he was always happy to see me walk in his front door and he was always helpful and patient in answering my questions I had about coins and numismatics in general. He also let me keep a cardboard box in his safe with my name on it for the "high dollar" coins that I would purchase from him in layaway. I remember picking up a nice $5 gold piece from him. He would say "May it bring you a million dollars of joy".
So what is the difference between a Troy Ounce, and a standard ounce. This is a very common question, and one that most people have trouble answering without some reference.
Surprisingly there are 2 totally different methods for calculating silver/gold vs the method used to calculate everything else.
The most likely explanation is that Gold, Silver, and even Gun Powder are such universal and important materials, that a standard measurement system is not an option but a requirement. That unfortunately means that the people from the United States are at a small disadvantage, when it comes to properly measuring these things with the standard machines we might use in day to day life.
Exact measurements are as follows:
1 troy ounce = 31.1034768 grams or 480 grains
1 ounce = 28.3495231 grams or 437.5 grains
Basic elementary school math will tell you that 1 Troy ounce contains 2.75 grams more of metal than the standard ounce. So an ounce of Gold would weight 2.7539537 grams more than an ounce of sugar.
Contributed by Stan Mead
Coins Submitted by Bill Fivaz for October 7th Membership Meeting / Coin Auction
1. 1954-S Lincoln Cent 3 errors MS-65 Red No Minimum Bid
2. 1935-S Buffalo 5c Strong Rev. Strike MS-65 Minimum Bid (MB) $125
3. 1938-D Mercury 10c MS-66 FB MB $45
4. 1938-D Mercury 10c MS-66 FB MB $45
5. 1966 Washington 25c Clip XF MB $5
6. 1981-P Washington 25c Full Partial Collar (Railroad Rim) BU MB $5
7. 1879-O Morgan Dollar MS-63 (Semi Proof-like) MB $165
8. 1922-D Peace Dollar Large Obv. Die Crack MS-63+ MB $65
9. Rhode Island Store Card Token XF-45 MB $25
10. 2014-S Silver Proof Set (14 coins) MB $60
11. Original Hobo Nickel MB $175
12. Old (1963) Indian/Lincoln Cent Error Book MB $5
13. Set of ten (10) Spenard Fireside Lounge Alaskan Tokens (all different denominations) UNC MB $10
14. Donation: Three (3) Counterfeit Detection Books (autographed)
ANCHORAGE COIN CLUB MONTHLY RAFFLE
Tickets $5 each, 5 tickets for $20, or 11 tickets for $40.
Purchase and Drawing at the October 7th meeting.
1913 P Buffalo Nickel Type 1 (buffalo on mound) PCGS MS-65 Gray-gold toning
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and Associate Members Living Outside Anchorage
Anchorage, Alaska 99523
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$10 / Year Youngsters & School Aged Kids up to Grade 12
$10 / Year for Seniors, Handicapped Members,
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Anchorage Coin Club
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PO Box 230169
Anchorage, Alaska 99523