Reno Cartwheel
February 2012

Next Meeting:

Tuesday, 7th of February 7:30 PM
Carrow’s Restaurant
605 N. Wells Avenue (Wells and 6th), Reno, NV  

February   Medals and Their Making
Roger Vugteveen of Medallic Arts will present “The Medal Maker.” Please bring an interesting  medal of your own.

February 25th Dollar Exchange at the Museum
Ken Hopple will be running the press, David Elliott will have the new coins at the state museum 10-3PM.
March   SS Central America Inventory
Fred Holabird will tell us the true inventory of the shipwreck. Just released.

April Open

April National Coin Week 15-21
We will be doing our Dollar Exchange at the Nevada State Museum Fri and Sat 20-21.

May ANA’s “Change in Money: Cowries to Credit Cards.”
We will present ANA’s National Coin Week program.

At The Last Meeting
32 members were in attendance for Dan Waterman’s presentation of large cents. As dies were hand cut and dates hand punched there
are hundreds of varieties and the ability to define die state of both the obverse and reverse of the coins. OR, you can just collect by
date, a coin for every year 1793-1857 with the exception of 1815 when there was a severe copper shortage. 25 members were in
attendance for the awards dinner. Gerald Breedlove was Reno Coin Club Member of the Year thanks to saving us from the IRS, getting
us right as a non-profit, one of the 229,000 knocked off the rolls this year for not filing income tax forms we did not know about and
had been told were unnecessary by the IRS. In addition, Gerry has been our most excellent treasurer, manned the club booth at the
coin shows and been diligent about attending the board meetings. Thanks for all your hard work of getting 6 years of tax forms
straightened out!
Elections to the board included Bob Wagner (13 votes), Dan Waterman (12 votes), and Shannon Holmes (11 votes). We will expand
the board to include Shannon Holmes. Congratulations all!

Early Bird Prize was 1968 proof set won by Larry Demangate (Brianna Baldridge, penny roll)

Raffle prizes winners were:(Dinner prizes in italics)
Leo Rossow: mystery box Ike dollar key chain (Bart Daniels, 1910 dime), 1973 mint set, Spirit of West Medal, 1999 star $1
Troy Young: 2006S NV quarter, Indian penny, red book collection, 2003 gold plated quarters
Rick DeAvilla: 1945 dime
Edward Waslewski: 1969 mint set
Breanna Baldridge:war nickle, steel penny, dollar holder,
5 penny albums, one full, bag wheat pennies, more wheat pennies, quarter
albums
Bart Daniels: Andrew Jackson dollars, World Paper money book, 2 Nevada medals, Nevada medal, horseshoe penny
William Gregory: George Washington dollars
Dan Waterman: pioneer tokens book,
world coin books
Ken Hopple: coin grading book, 1972 proof set
Jack Gruhler: barber dime
Garret Allen: replica of Ptolemy XI, penny books,
WWII coins, Croesus replica
Brittany Gruhler: red book
Karen Sanguinetti: red book, state quarter book
Phillip Shallit: Peace dollar
Jeff Allen:$2 Alaska bill
Glenn Fruehen: 1975 mint set
Jerry Breedlove: Lincoln dollars, V nickle

I WANT TO THANK EVERYONE WHO DONATES TO THE RAFFLE!

               
 Auctions
1946 half dollar donated by Larry Demangate won by Garrett Allen for $23
1947 half dollar donated by Larry Demangate won by Jerry Breedlove for $30
1958 mint roll of pennies donated by Rusty King won by Jack Gruhler for $8.

Quarter pot won by Glenn Fruehen ($15) and not won by Rick DeAvilla at dinner ($5)

Upcoming Coin Shows

February 17, 18 Redwood Empire Coin Show
Fri, Sat 10-6,  E.L. FINLEY HALL, Sonoma County Fairgrounds, 1350 Bennett Road, Santa Rosa, CA, Admission: $1, Kids under 12
Free! Bourse Chair: Merle Avila, (D)707-585-3711, (E)707-824-4811

February 19 Cupertino Coin Club Show
Napredak Hall,770 Montague Expressway, San Jose. Bourse: Bruce Braga (408) 839-1883 Admission:$2, under 17 free.

RCC Officers
David Elliott….......... President….......…815-8625
Rusty King..............Vice President......... 673-6745
Gerald Breedlove........Treasurer..............425-2967
Andre Azzam ..............Secretary….........338-0707
Dan Waterman…..........Director…......…747-4380
Ed Waselewski.........…Director…......…354-0287
Ken Hopple ....…..........Director..............677-1544
Bob Wagner..................Director..............3781022
Shannon Holmes….......Director…..........827-4359
Paul Williams…..........ANA Rep.............720-5395
David Elliott...................Editor................815-8625
datbbelliotts@prodigy.net,   www.renocoinclub.org

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

If there is a topic you would like to see please let a board member know. Someone in the club knows all   

The Other Coin:  Roman Republican Coins
Roman Republican Coinage developed quite late compare to the Greeks and even the Greeks that inhabited Southern Italy and Sicily
from the 9th century BC.  While the Greeks were producing some of the greatest artistic masterpieces in coinage for hundreds of
years, Rome began coinage c.280BC with massive lumps of cast bronze made to be valued by their weight. Produced in lumps and
bars and finally in rounds the coins often weighing several pounds and hundreds of grams. The pound coin or AS was divided into
twelve with the unica being 1/12, sextans 1/6, quadrans 1/4, triens 1/3, semis ½ pound or AS.













                                        Both these Aes Graves weigh hundreds of grams.

At the end of the First Punic War (240BC) a mint was organized to produce, bronze, silver, and some gold coins from the bullion won
in the war to pay the soldiers and sailors. Rome may have commissioned the Greek cities Neapolis and Tarentum earlier to produce
silver coins to pay mercenaries as coins in the style of the two cities exist with “Rome” inscribed with Greek or Latin letters. The silver
quadrigatus with and image of Janus on the obverse and a quadriga or 4-horse chariot and Roman on the reverse was produced after
the First Punic War, but quickly debased to 30% silver by the Second Punic War (218BC).










The lasting contribution of Republican Rome to coinage was the denarius, which survives as the Muslim dinar, French denier, and the
English penny (abbreviated d.). Minted in enormous quantities from silver captured from Sicily in the Second Punic War (218-211BC),
the coin was valued at 10 Asses and bore an X for ten. Helmeted Roma was on the obverse and a chariot driven by various gods and
numbers of horses appeared on the reverse. Rare gold were struck from gold donated by Rome’s ally during the war, Ptolemy IV,
bearing the image of Mars on the obverse and an eagle on the reverse. Bronze coins were also struck, but now they were fiduciary
coins. The As weighed 42 grams or less rather than almost 329 grams of a Roman pound or AE Grave As












The denarius is the most popular roman coin to collect as it is of good silver 95% or more and developed a variety of images as the
directors of the mint were Roman citizens started on the cursus honorum or ladder of honor to the consulship of Rome. Each of the
three mint officials used their office to mint images honoring their family’s history, descent from the gods or building projects. The
coins were also distributed as bribes for the receivers votes on up the ladder. Consequently complex, beautiful, and historical images
graced the coinage of Republican coins.    









   Juno Lanuvium/Griffin                                       Jupiter and his Temple (minter paid for repairs)   
coiner shows honor to old Roman goddess







Venus/Aeneas carries father and palladium                          Moneta/hammar, tongs, anvil, die.
Julius Caesar claims his ancestors Venus and Aeneas.         Goddess of money and tools of coinage.

1793 Chain Cent Sold for $1.38 Million
An extraordinary 1793 S-4 Chain Cent, MS65 Brown PCGS – a coin whose origins can be traced back to the very earliest days of
America’s first mint – brought $1.38 million, and a crush of national and international media attention, as one of the top two lots in
Heritage Auctions













“This amazing 1793 Chain cent, the Cleneay-Atwater-Eliasberg Specimen and the plate coin in Walter Breen’s Encyclopedia of Early
United States Cents 1793-1814,” said Jim Halperin, Co-Founder of Heritage Auctions, “is a sensational coin in every sense. It’s got the
whole package: history, rarity and beauty. Top collectors obviously realized that and went after it accordingly. It’s now the centerpiece
of a very advanced collection.”

Nearly $1 Million Worth of Coins Stolen from ANA Museum
Wyatt E. Yeager, a former collections manager at the American Numismatic Association’s numismatic museum in Colorado Springs,
Colo., Jan. 12 entered a guilty plea in Federal District Court in Wilmington, Del., to the theft of more than 300 historically significant
and rare coins and patterns valued at nearly $1 million. ANA President Tom Hallenbeck said the majority of the stolen items are world
coins, although some high-profile U.S. items are also among coins Yeager has admitted stealing. Yeager, 33, of California, was the
museum’s collections manager for about three months, from January through March 2007.
Yeager faces a maximum statutory penalty of 10 years imprisonment, a $250,000 fine and three years of supervised release following
any term of imprisonment, restitution, forfeiture, and a $100,000 special assessment. According to the bill of information released by
the U.S. Attorney’s Office, Yeager embezzled coins and sold them in several auctions, including one in Baltimore in May 2007, one in
St. Louis in June 2007, and one in Melbourne, Australia, in July 2007, and at auction in Germany.
Among some of the more rare United States items stolen by Yeager are a 1795 Capped Bust gold $5 half eagle and an 1836 Gobrecht
dollar pattern. As of Jan. 12, Hallenbeck said 32 of the stolen coins had been recovered. The ANA has posted a list of stolen items,
which can be found at
http://www.money.org/ana_custom/stolenCoinsPage.htm.








Fred Holabird wanted to remind everyone that the club’s large library is house by him at 3555 Airway Drive #308 (around back as
Holabird Americana). Call ahead 852-8822.

Stack’s Bowers Auctioned Battle Born Collection of CC’s at ANA’s 2012 World’s Fair of Money
Stack’s Bowers Galleries auctioned the Battle Born Collection, which is only the second complete 111-piece set of Carson City coinage
ever assembled. The only other complete set belonged to Louis E. Eliasberg, Sr., which was sold in three auctions over a 15-year span
in 1982, 1996 and 1997.

        "This is a truly historic event, not only for Carson City coin collectors, but for all of numismatics," said Chris Napolitano,
president of Stack’s Bowers Galleries."

The Battle Born Collection is the only complete Carson City set to be sold during a single auction, making this an exceptional
opportunity  for rare coin enthusiasts. The spotlight coin of the collection is without a doubt the Unique 1873-CC Liberty Seated No
Arrows Dime, graded MS-65 by PCGS and bearing the Eliasberg pedigree. It is the only specimen known to exist, which makes it
highly coveted among collectors of Carson City Mint coinage and especially those seeking to complete their own set. This much
sought-after dime was purchased in 2004 for $891,250 from a Bowers and Merena auction by Rusty Goe, chief architect of the Battle
Born Collection for the last 11 years, who later sold it into the Battle Born Collection, thus completing the set. Professional coin dealer
and author Goe is considered the foremost authority on Nevada’s Carson City Mint. "This is the biggest event in the history of Carson
City coin collecting.”