Reno Cartwheel
December 2010

Next Meeting:

Tuesday, 27th  of December 7:30 p.m.
Carrow’s Restaurant
605 N. Wells Avenue (Wells and 6th)
Reno, NV  

December
Minibourse–bring in you coins to sell and trade
We will have a time to buy, sell, or trade coins and related materials that are duplicate or no longer
hold our interest.  Everyone is invited to bring coins to sell and trade at our annual mini-bourse. Find
a treasure and make extra Christmas money. Hopefully, the new Lincoln dollar will be available as
well.

January
Awards Banquet-details to follow

At The Last Meeting
OK, my bad. Election day I was poll watching (me and 5 democrats–2 lawyers, a union goon, and
NEA witch and one other) and then went to the big victory party with Beef Wellington, ham and palm
hearts, crab cakes, bacon wrapped scallops, chicken in tendura sauce, coconut shrimp, chocolate
dipped strawberries– you get the idea–who could have resisted that? Any way at the Republican State
Central Committee Meeting (November 19 and 20), we decided to have a binding proportional
presidential caucus on a Saturday in February right after Iowa and New Hampshire. We will be the
third or fourth (after South Carolina), so we expect all the candidates and national news people here
spending millions of dollars. Now, you’re the first to know, if not a mucky-muck in the Republican
Party. How’s that for filler?  

               
Coins
                 By
        Brittany Gruhler

Gold, silver, copper, clad...
It doesn't matter, they won't make me mad.
Shiny, dull, rusted, scratched...
I could spend all day with my perfect match.

You should try collecting; go ahead.
Some coins look like they're made of lead.
Quarter, nickel, penny, dime...
I love them all--even covered in grime









Abraham Lincoln  Dollars Available!
I don’t know how many of you joined me in complaining to the director of the mint and Secretary of
the Treasury, but we won! The mint is distributing the dollar coins to the banks again!
(From CoinNews.net, November 18)
The U.S. Mint launched a new $1 coin into circulation today that celebrates and honors perhaps the
most noted former President of the United States. The Abraham Lincoln Presidential Dollar will soon
be available at local banks and other financial institutions. Banks were able to order the coins from the
Federal Reserve System and stockpile them beginning three weeks ago in preparation for the release.
Lincoln $25 Rolls are now also available directly from the United States Mint for $35.95 (
plus
shipping, they want to sell the rolls, not distribute them-DE!.

Upcoming Coin Shows

January 28-30
San Jose Coin Club Coin Show, Doubletree Hotel, Bayshore Ballroom, 2050 Gateway Pl., 70 tables,
Call Ray Johnson, 408-973-1606, sanjosecoins@aol.com

February 25-26
Lincoln Celebration at the State Museum, Carson City. Lincoln dollars and the other presidents, all the
new Lincoln pennies, and the national park quarters at face or cost will be available along with Doug
Larson’s Civil War display. Bob Nylen’s Lincoln penny lecture, and Ken Hopple at the press minting
Lincoln medals–how can you resist?

March 17-19
ANA National Money Show, Sacramento Convention Center

April 17-23
National Coin Week’s theme is “Blue, Grey & Greenbacks: Money of the Civil War.” I imagine Ken
and I will be at the State Museum in Carson city on Friday 22 and Saturday 23.

RCC Officers
Doug Larson…. President……843-0162
Karen San Pres...857-4508 guinetti..Vice
Ralph Marrone..Treasurer.……882-6741
Shannon Holmes ..Secretary….827-4359
Dan Waterman….Director……747-4380
Ed Waselewski…Director……354-0287
Gerald Breedlove….Director...425-2967
Duke Morin……….Director…856-4935
Paul Williams…ANA Rep...…720-5395
David Elliott........Editor...........815-8625
 datbbelliotts@prodigy.net

The RCC Board meets the third Tuesday of the month at the Carrow’s at 7:30PM. All members are
invited to attend.

The Other Coin: Christmas Coins
The Christmas season is upon us, so I will trot out the ancient coin contenders for the Three
Wisemen: Azes II of the Indo-Scythians, Phraates IV of the Parthians, Gondophares of the Indo-
Parthian (whom St. Thomas is said to have converted to Christianity) and Aretas IV of the
Nabataeans.









            
     


          




Don’t forget that Jesus was born at 7BC or 4BC to take into account all the personages mentioned at
his birth, which was how time was kept back then e.g. the 7th year of emperor, king, magistrate so
and so. Our year 0 was a pretty good medieval guess.
Biblical related coins can be collected by person, place, or event mentioned in the Bible. Jewish kings
minted their own coins starting around 140BC with the Lilly of Jerusalem on the coin. Jewish related
coins begin with the end of the Babylonian captivity in the 6th century BC with Judah as the name of
a province placed on some Persian coins. Of course, coins can be collected from almost all the cities
mentioned in the Bible, although not from the same time as the city mentioned as coins began in the
7th C. BC and Biblical events began with Abraham in the 17th or 18th C.BC and Moses in the 13th C.
BC.
Popular collecting themes include a coin from each of the cities Paul ministered in or a coin from
each city that minted them in the Holy Land. Coins showing a history of Jerusalem or the Jewish
kings, Roman procurators of Judah, Jewish coins of revolt in 70AD and 135 AD. Of course the
Roman emperors minted coins commemorating their victories over the Jews known as Jewish Capta
coin, often showing a weeping Jewish under a palm tree.
You can also collect coins mentioned by Jesus like the Widow mite, tribute penny, or one of the 30
pieces of silver paid to Judas. Most of the cities Jesus ministered in minted coins, often during the
time of his ministry. A coin of Pilate is a must, of course as well as Hero and Caesar Augustus who
were rulers at the time of his birth. Speculation and coin candidates representing the coins of the 3
wise man are also avidly collected. A recent chat on the web wondered what coins Paul brought to
Jerusalem to relieve the poor suggested the representative silver and gold coins he probably brought
to Jerusalem, or one could collect a bronze representing each city from which he made the collection.
This popular series has a on-line book "The Hand-book of Biblical Numismatics at amuseum.org/book
or James B. Lovette's inexpensive, Biblical Related Coins (2000). By the way, very nice Widow mites
can be had for $10 or less and make nice Christmas presents as well as any other of the coins of the
Bible. Almost anything of this nature can be found at www.vcoins.com on the web in various price
ranges.







Numismatically yours, David Elliott

ED'S RETIREMENT SALE!
LIQUIDATING INVENTORY OF NEVADA CASINO GAMING CHIPS AND TOKENS AT THEIR
FACE VALUE!
SLOT CARDS-SLOT CARD CHAINS-ROOM KEYS-DICE (pr)-CASH OUT VOUCHERS-ETC. AT
$1.00 EACH.
SOME POSTAGE WOULD BE APPRECIATED. MANY THANKS, ED HOFFMAN RCC-LM#2
Edward B Hoffman, PO Box 8027, Spring Creek, NV 89815-0001-27
Ed has donated a big bag of steel pennies, a roll of V nickels and many other things to the club over
the years. Good to hear from you!

A Hoard of Pre-Revolutionary War Colonial Paper Money
Named the “Cornell Hoard,” the money was collected originally by Samuel Cornell, a transplanted
New Yorker who became a wealthy merchant after moving as a young man to New Bern, N.C. in the
mid-1750s. In addition to his activities as a merchant, Cornell also was involved in high risk currency
speculation.
In 1769 as one of the wealthiest and most influential men in the North Carolina colony, Cornell
underwrote the construction of a new governor’s house in New Bern with a loan to the government
of £8,000 in “proclamation money,” or colonial paper currency.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
                         






As an ardent Loyalist, Cornell seized another opportunity in 1771 to lend a lot of cash to North
Carolina. He provided £6,000 to finance a military expedition to the western part of the colony to put
down a small taxation rebellion. The skirmish became known as the Battle of Alamance, considering
by some to be the opening salvo of the American Revolution. In addition to his loan, Cornell also sold
£483 in supplies for the expedition to the colony.
On the eve of the Revolution, Cornell left New Bern and sailed for London in 1775. After two years
there, he headed to British-occupied New York City. Before his death in 1781 at the age of 50, he
was apparently able to transport his monetary cache to New York. His will, which specifically
mentioned the “proclamation money of North Carolina,” left most of his wealth to his five daughters.
The bundles of currency apparently remained in the family until 1913 when it was offered, along with
other Cornell papers to the New York Public Library, which published the letters as “Papers Relating
to Samuel Cornell, North Carolina Loyalist.” The library, in turn sold the currency in its entirety to a
dealer during the 1970s, who put half the collection up for sale. The other half, representing about
40% of Cornell’s original stash and the last remaining intact portion, is now part of the Colonial
Williamsburg collection, the gift of an anonymous donor.

Single Penny Sold For $1.7 Million Dollars













 When is a penny worth $1.7 million? The cent shown below is no average coin, it’s a one-of-a-kind
Lincoln cent, mistakenly struck in 1943 at the Denver Mint in bronze rather than the zinc-coated steel
used that year to conserve copper for World War II. It has been sold by Legend Numismatics of
Lincroft, New Jersey for $1.7 million to an unnamed Southwestern business executive. The coin’s
anonymous former owner made arrangements for the entire sale proceeds to go to a charitable
organization.
“This is the world’s most valuable penny. It’s the only known example of a 1943-dated Lincoln cent
incorrectly struck in a copper alloy at the Denver Mint. Zinc-coated steel was being used for pennies
in 1943 to conserve copper for other uses during World War II, and this one was mistakenly struck
on a bronze coin disc left over from 1942. It took four years of aggressive negotiations with the coin’
s owner until he agreed to sell it,” said rare coin dealer Laura Sperber, President of Legend
Numismatics of Lincroft, New Jersey who obtained the unique penny for the unnamed collector.
The new owner has been a coin collector since he was a teenager. When he was a kid he thought he
had found a 1943 copper penny in circulation but it was not authentic. He is “the only person to ever
assemble a complete set of genuine 1943 bronze cents, one each from the Philadelphia, Denver and
San Francisco Mints, and he plans to display them.”
Most 1943 pennies are steel-gray in color and not worth much more than face value but less than 20
pennies were accidentally struck in bronze that year at the Philadelphia and San Francisco Mints, and
this is the only known example from the Denver Mint according to Don Willis, President of
Professional Coin Grading Service of Santa Ana, California, the rare coin certification company
whose experts authenticated the unique 1943 Denver bronze cent.
The anonymous penny-mad collector also paid $250,000 for a 1944-dated Philadelphia Mint cent
mistakenly struck on a zinc-coated steel coin blank intended only for 1943 pennies, and paid $50,000
for an experimental 1942 cent composed mostly of tin. The coins will be displayed at the F.U.N.
Show Tampa, January 6 – 8, 2011.
Aretas IV & wife Shuqailat,9BC-40AD
Azes II, mounted/Athena stands35BC-4AD
Gondophares,bust/Nike stands, 10BC-50AD
Phraates IV, head\king as archer,37-2BC