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| Back Issues |
SF set of all five 2013-2017S quarters in case $5
National Park Quarters PDS .50
Presidential, Native American D P $1.25
National Park Quarters PDS .50
Presidential, Native American D P $1.25
| Next Meeting: Tuesday, 22nd of October (4th Tuesdays) Denny’s,205 Nugget Ave.(at East McCarran), Sparks October 22 Happy Birthday NV! Rusty King October 25,26 Nevada Day at the Museum Free Admission November 26 A Panel on Gold and Bullion November 29 Nevada Day at the Museum December 24 NO MEETING December 27 Nevada Day at the Museum weather permitting The Last Meeting 26 members got to take a trip to the Caribbean in Laurel Hoggan’s power point show of her first coin collection. I am happy to do power points of your interest or collection too for a presentation to the club, which can also be done by me or you. The last 2019 quarter (Idaho) comes out Nov. 4th, and the next dollar Oct 24, the Pennsylvania polio vaccine. There will be a new dollar coin each month. The silver club medals are selling well, and we are thinking about making 50 more. We can sell them more easily with a credit card now. To raise the money to have more made, we will be getting rid half of the park .25 for a .25 next meeting and most of the presidential dollars for $1 with all of them going in February, except for a few sets. There will also be a free raffle for a basket of my wife’s home made jellies as the early bird prize in November. The last six quarters come out next year and presumably the famous woman series will begin in 2021 or 2022. New quarters are easier to get in circulation, so we will be getting fewer of them for club members and to take to the museum. Bring up to 5 coins for the bid board now. We have board meetings before the meeting and ask for quiet so we can conduct business. Please leave upper right seats open for board members. Contact me with any ideas or problems: 815-8625 datbbelliotts@prodigy.net CONTACT A CONGRESSMAN a day for our Morgan 2021 CC Early Bird Prize: partially filled bag of PA .25 won by Larry Demangate Raffle prizes winners were: Milton Angel: banknote auction catalogs, penny album, US coin books, $1 and .25 bags Mary Long: 1975 proof set, 1990 proof set, set NA $1 set Rick De Avilla: partially filled .01 book, Indian head .01 & arrowhead, Mercury .10 Jerry Breedlove: 1914 .25, 1 gram silver Bill Naylor: 1977 mint set Ed Scott: 2003 mint set Laurel Hoggan: 5 year set holders Joe Wozniak: mystery box by Laurel Puerto Rico .25 roll Dave Loder: steel .01 set George Lee: world coin medal, arcade tokens Shannon Holmes: S .25 set Leo Rossow: Morgan copper round Auctions Paul Williams donated an Arnold Palmer autographed picture and silver round won by Rick DeAvila for $25. Quarter Pot Dan Waterman (not present) won the quarter pot. THANKS everyone for donating to the RAFFLE! Upcoming Coin Shows October 19, Delta Coin Club Show, Eagle’s Hall, 1492 Bourbon St., Stockton, Admit: FREE, Tables: 40+ Ruben Smith 209 982-5961 rubensmith@hotmail.com October 26-27, Fresno Coin Club Coin Show, Las Palmas Masonic Center, 2992 E. Clinton Ave., Admit: $2, Tables: 45. Richard Hunter 559 738-8128 www.fresnocoinclub.com November 1-2, Sacramento Coin Show, Lion’s Gate Hotel, 3410 Westover St., Admit: $3, Tables: 66 Peter McIntosh 916 317-9055 peter@mcintoshcoins.com www.sacramentocoinshow.com November 8-9, Sunnyvale Coin Show, Domain Hotel, 1085 East El Camino Real, Admit:$4, Tables: 34, Bill Green 925 351-7605 www.norcalcoinshows.com info@norcalcoinshows.com November 22-24, Las Vegas Numismatic Society Show, Palace Station Hotel, 2411 W. Sahara Ave., Admit:?, Tables: ? CK Shows 888 330-5188 www.ckshows.com info@ckshows.com RCC Officers David Elliott….......... President…........…815-8625 Rusty King..............Vice President......... 677-7057 Doug Larson............Past President..........843-0162 Mary Long..................Treasurer.............853-0696 Andre Azzam ..............Secretary….........338-0707 Laurel Hoggan…..........Librarian..........…223-5096 Joe Wozniak.............…Director…......818 321-6678 Ken Hopple ....…..........Director..............677-1544 Shannon Holmes...........Director..............827–4359 Paul Williams…..........ANA Rep..............720-5395 David Elliott...................Editor................815-8625 datbbelliotts@prodigy.net www.renocoinclub.org Not the Other Coin: Counterfeits Frustrated with being unable to complete some of the coin series in my ancient and Russian collections, I decided to turn to copies. Of course, I knew just where to go–China, and China’s ebay is Alibaba or Ali Express. There, a replica of almost any coin can be had for $2 or less, dutifully marked “copy” on-line, but arriving without any such stamp. It is legal in China to reproduce coins. Russian counterfeiters sell on Alibaba as well, so I got a Peter the Great beard token, a tax on beards when he wanted the populace to look more European. The history of counterfeiting is as old as coinage, and was both an individual and government effort. The first coinage of electrum (natural occurring alloy of gold and silver) soon had its gold content debased by adding silver to make the famous “white gold” coinage by governments. Lead was plated with gold or silver and copper plated with silver and sometimes gold. I have a rare coin of Cassius that is a Roman contemporary fourre (silver plated), likely by the poor Cassius himself. The Roman government itself often make bronze denarii when short of silver to pay the troops called limes denarii or border denarii that could be redeemed later by merchants or soldiers. Today, rare and popular coins are counterfeited by China, Russia and other nations most often in metals other than gold or silver. The weight will be off, so an investment in $10 electronic scale is a necessity. A fake 50 peso “gold” coin I was asked to identify among some Roman coins weighed half of what it should. Attempts to prevent counterfeiting have lead Britain to a 12-sided coin with a hologram and Germany to a blue plastic ring with trace elements that seem to be able to stop counterfeiting so far. Paper money is even easier to counterfeit since it was invented by the Chinese in the 1300s as our Continental Congress struggled with. Marking pens are frustrated with cornstarch; modern color copiers can reproduce sophisticated engraving. New bills are counterfeited as soon as they are released. China is again the main culprit, but Peru has much of the counterfeiting market now, and it may be of some consolation that Chinese counterfeiters have counterfeited their own currency. Still don’t discount good old American know how: Eric Aspden of San Jose, CA profited $100.000 a year or more from a flood of do-it-yourself printed bills using a laptop and a store-bought printer. Aspden is now charged with making and selling bogus $20 bills that look so real they may have been in an out of your wallet without you even realizing they were fake. He mailed packages of cash to 30 different states. According to a recent report by Chinese state media, 96.7% of all counterfeit bills circulating in China come from templates hand-drawn by Peng Daxiang, an elderly painter who was arrested in 2013. 73-year-old Daxiang single- handedly managed to produce dozens of printing plates worth millions of yuan without the use of computers or modern technology. Instead, he relied on simple tools like magnifying glasses and film cameras. He sold these templates to gangs of counterfeiters for $8000 to $20,000 per plate. Drug cartels have invested in Peru, which is responsible for producing and distributing an estimated 60% of the world’s counterfeit US notes, the Secret Service announced after seizing $30 million in fake U.S. bills and 50,000 euros along with six counterfeit plants, eight counterfeit manufacturing presses, and over 1,600 printing plates and negatives of varying denominations in Lima. The counterfeiter most relies on people just not looking at their money. Some 30,000 of these $1 passed in the North-East with blurry seal misspelled Washington, no cotton paper with blue and red threads, blurred lines, etc. See a Chinese counterfeit coin operation at https://www.thesprucecrafts. com/chinese-coin-counterfeiting-ring-4071202 Numismatically yours, David Elliott Numismatic Potpourri The US government is ordering only $146.4 billion in bills next year representing about a 27% reduction over the last 4 years and mostly replacing worn bills going out of circulation and August coin production dropped to 767.3 million coins, a decline of 36.2%. I am very fond of paintings and sculptures made out of coins, so I was very pleased when I spotted a bear sculpture in Tahoe City made of pennies, which made the fur very realistic. The mama bear has two cubs in the crook of her leg and this is a close up of one of the cubs. The finer of the two known 1975 proof dimes without the San Francisco S mint mark, the most valuable modern US coin, was jointly purchased on September 6, 2019 for $456,000 then sold five days later for $516,000 to an avid Roosevelt dime collector who wants to remain anonymous. William Silber published his deeply researched and beautifully written The Story of Silver: How the White Metal Shaped America and the Modern World for $20.49 on Amazon. The Royal African Company's objective to mine gold was a success. As the supply of the precious metal began to flow into England in the 1660s, the mint increased milled, rather than hammered gold coinage. The "guinea," along with its multiples, was born, the name deriving from one of the areas in which the precious metal was sourced—Guinea being the regional name for the southern coast of West Africa. A portion of the company's logo, an elephant, was placed below the truncation of the monarch's neck. In order to further reinforce the role that the crown held in the company's affairs, later issues featured a castle atop the elephant. These charming notations can be seen on issues from Charles II, James II, and William and Mary, all of which are enthusiastically collected today and are rather rare due to many having been melted down for recoinage in the 18th century. . The British Museum released details of the Chew Valley hoard: 1,236 coins date to the brief reign of King Harold II (which started and ended in 1066) and 1,310 to the first years of William I’s reign. Three of the coins represent types known to numismatists as “mules,” or illegitimate blends of different coin faces minted by moneyers in hopes of avoiding taxes on new coin dies. Two of the mules depict William on one side of the coin and Harold on the other. (The third mule splits its sides between William and Edward the Confessor, Harold II’s predecessor.) According to the British Museum, these are the first known examples of William/Harold mules. The coin hoard adds greatly to the known examples of each type, and offers a new opportunity to study the evolution of English coinage in a period of massive social and political upheaval. Already, thanks to information on the coins, the researchers have learned of mints not previously known to exist. "Michael V," a manager of a BBQ food truck company from Lewisville, Texas, told PCGS he obtained a box of quarters from a Wells Fargo Bank branch in nearby Grapevine on August 20, 2019. He was thrilled when he opened it and saw fresh rolls of the new San Antonio quarters which were not scheduled to be released by the Federal Reserve until six days later. He submitted the two 2019-W San Antonio quarters to PCGS. PCGS has since given the W coins a special pedigree, Accidental Early Release and graded both MS65. The 2019 US Mint silver proof set goes on sale Thursday, October 17. Offered every year since 2013, this year’ s set has a new distinction: all eight coins are now made of 99.9 percent fine silver, including the American Eagle silver dollar, which is usually 90 percent silver. An 1871 to 1875 S seated liberty half minted on a quarter planchette sold for $50,000 last month. Cool coin now that I got a better image.. Free eagle to the person who submits the theme for National Coin Week. 2020 is the 100th anniversary of the 19th amendment that gave women the right to vote. The theme is women’s contribution in general. Send idea to Andy Dickes adickes@money.org The S proof set of the innovation dollars went on sale October 11 for $20.95. The Federal Reserve is storing over a billion $1 coins and is now just minting 11 million of clad dollar coins distributed among the 4 innovation dollars and the yearly Native American dollar made just for collectors since 2011. At the 2019 World's Fair of Money the American Numismatic Association asked some of the coin industry's most influential leaders about what they believe is in store for the future of the hobby. Hear these titans of numismatics share what they believe the future holds. Future of Numismatics Symposium: What the Future May Hold on the Coin Television YouTube Channel at: https://youtu.be/XICTxLS1P6k Salvage work on the 1840 shipwreck SS North Carolina off the South Carolina coast has renewed with the salvage of high grade early 1830s gold coins with the hope that many Georgia coins will be found this time after a 20 year hiatus. Robert Rodriguez has sent me an interview he gave: The Fed is Clueless. It is very detailed and technical and argues that the Feds goal of 2% inflation and 2% growth means that money’s purchasing power is reduced by 50% every 36 years. This creates the worst capital spending and capital production since the Depression, all to encourage a monstrous national debt. He takes a wait and see position on gold as it is unclear if we are entering a financial crisis of recession or hyper inflation or both. Let Robert or me know if you would like a copy emailed. https://nnp.wustl.edu/library/book/568344 is the link to the video interview on the Morris silver centered cent. On Saturday December 7, we have been invited to the Vallejo Numismatic Society Christmas Party with catered buffet $22 person, 2 or more $20. Doors open 5PM, drawing for $2,000 in prizes, 50/50 drawing door prizes include 70+ eagles, goodie bags and table favors. Reservations mandatory on-line at www.splanocoinclub.com questions at dlhcoins@gmail.com Canada’s cool feather shaped coin already sold out. |
SF set of all five 2013-2018S quarters in case $5
National Park Quarters PDS .50
Presidential, Innovators,Native American D P $1.25
Club medal silver $65, copper or brass $15
National Park Quarters PDS .50
Presidential, Innovators,Native American D P $1.25
Club medal silver $65, copper or brass $15
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https://renocoinclub.libib.com
Fred Holabird reminds everyone that the club’s large library is housed by him at
3555 Airway Drive #308 (around back as Holabird Americana). Call 851-1859
3555 Airway Drive #308 (around back as Holabird Americana). Call 851-1859
Texas .25 .25 here, NA & Innovation dollar here.
