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ACCent: The Monthly Newsletter of the Anchorage Coin Club

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Volume 27, Number 10

 

October 2014

 

October Membership Meeting

 
Tuesday October 7, 2014

Central Lutheran Church, 15th & Cordova

7:00 PM


   

Membership Meeting October 7, 7pm

  • Presentation on 1909 cents and coinage by Stan Mead

  • Coin Auction

  • Potluck - please bring a potluck item, side dish ,or dessert

  • Raffle: 1913 P Type 1 Buffalo Nickel PCGS MS65

 

September 2nd Anchorage Coin Club Membership Meeting

 

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:

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

September 17th Anchorage Coin Club
Board Meeting

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,

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My Friend Roy:

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".

Dan Barnhart

1817 Large Cent

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Troy Ounce vs Ounce

Troy Ounce

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

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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)

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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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ANCHORAGE COIN CLUB
MEMBERSHIP APPLICATION

NAME:_____________________________________________________

ADDRESS :_________________________________________________

CITY:________________________ STATE:_______ ZIP:___________

TELEPHONE (HOME):________________________________

                (BUSINESS):________________________________

MY COLLECTING INTERESTS ARE:________________________________

_______________________________________________________________

_______________________________________________________________

_______________________________________________________________

SIGNATURE:________________________________   DATE:_______________

MEMBERSHIP DUES:

          $25 / Year Regular Membership

          $10 / Year Youngsters & School Aged Kids up to Grade 12

          $10 / Year for Seniors, Handicapped Members,
                    and Associate Members Living Outside Anchorage

Send application and dues to :

Anchorage Coin Club
P.O. Box 230169
Anchorage, Alaska 99523

 

ANCHORAGE COIN CLUB


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