Tuesday, 24th of July 7 PM (4th Tuesdays now)
Denny’s,205 Nugget Ave.(at East McCarran), Sparks
July 24 Something Patriotic Doug Larson
July 27 At the Museum: New Coins
August 28 Counterfeit Coins
No museum visit August 24
September 25 Stan Pehr
September 28 At the Museum: New Coins
October 27 Happy Birthday Nevada
The Last Meeting
About 30 members got to share favorite coins. Robert brought the first US overstrikes 1796 eagle and 1796 half dollar, both using recut 1795 dies. David brought a
few more Georgian coins and the mixed paper and polymer Noah ark banknote from Armenia. Several coins were sold. Mark Amodei’s bill for a commemorative
dollar for the CC mint moves forward (HR 6221) to the Finance committee, seeking up to 100,000 $5 gold coins and a maximum of 500,000 silver dollars in
collector qualities of proof and uncirculated for issue during calendar year 2020 with a surcharge of $35 per gold coin and $10 per silver dollar going to the museum.
Thanks Rusty. We are almost done on a coin design with Eva Adams and the moon landing, The museum coin press was running when Laurel and I were there
in June. Next .25 out September 13th, but I will likely not be able to order until Sept. 22 or so. Will try. Bring up to 5 coins for the bid board now. Fred
Holabird gave us a bunch of tokens. I have divided them up in thematic groups for the raffle. We will have board meetings before the regular meeting and
vigorously tell people to be quiet so we can conduct business. Contact me with suggestions or topics you would like to see: 815-8625 email@example.com
I will be gone for the August meeting and there will be no September newsletter as I will be in Europe on long planned Greece and Italy trip.
Early Bird Prize was 1986 proof set won by Douglas.
Raffle prizes winners were:
Gary Meckler:1915 Barber .05, Israeli coin set, Indian .01, 2015S .25 set
Glen Fruehen: 1974 unc. set, 1978 proof set
David Elliott: 50 state quarter album
Rick De Avila: Mercury .10, NA$1 set
Ken Hopple: Sees chocolate coins, 1993 proof set
Ed Scott: 2003 uncirculated set
Don Stamps: mystery box 2010 roll of .01 & set 3 steel
Bill Naylor: 1998 proof set, 1988 proof set
Milton Angel: mystery box penny set, $1 coin albums
Laurel Hoggan:3 grams of silver
Joe Wozniak: MN .25 set
Dan Waterman: 1964 Roosevelt .10
Bart Daniel: Indian head .01
Thomas Charleston: recent Red book
Auction catalogs donated by Paul William sold for $15 to Laurel Hoggan and $8 to Milton Angel.
1991 silver eagle donated by Larry Demangate won by Jeff Allen for $26.
Laura Hoggan WON quarter pot. $26
I WANT TO THANK EVERYONE WHO DONATES TO THE RAFFLE!
Upcoming Coin Shows
July 28,29 Fremont Coin Club Show, Elk’s Lodge, 38991Farwell Drive, Admit: FREE, Tables: 45,Vince Lacariere 510 792-1511 CoinVince@aol.com www.
August 12 Fairfield Coin Club Show, Willow Hall, 1000 Kentucky St., Admit: $1, Tables: 25, Bill Bartz 707 688-8014 Movieman8@comcast.net www.
August 14-18 ANA World Fair of Money in Philadelphia, 500 dealers www.money.org
September 6-8 Long Beach Coin, Currency, Stamp and Sports Expo, Long Beach Convention Centre, 100 S. Pine Ave., Admit: $8, Tables: 100s, Taryn
Warrecker 805 680-0294 TWarrecker@collectors.com www.longbeachexpo.com
September 9 Livermore Valley Coin Club Show, Elk's Lodge, 940 Larkspur Drive, Admit: FREE, Tables: 33, Jonathan Mitchell 925 954-5221
September 15 Northern California Numismatic Association Seminar, Why collect these? at the Vallejo Naval and Historical Museum, 734 Marin www.
September 21-23 Coin Expo: Santa Clara Coin, Stamps, and Collectibles Show, Santa Clara Convention Center, 5001 Great America Parkway, Admit: $6,
Tables: 76+, Scott Griffin 415 601-8661 scott@griffincoin,com www.griffincoin.com
David Elliott….......... President…........…815-8625
Rusty King..............Vice President......... 677-7057
Doug Larson............Past President..........843-0162
Andre Azzam ..............Secretary….........338-0707
Ken Hopple ....…..........Director..............677-1544
Paul Williams…..........ANA Rep..............720-5395
Not the Other Coin: Tax Tokens
I enjoy collecting coin in odd materials like the porcelain notgeld of 1920s Germany, iron, steel, aluminum, and zinc of WWI and WWII. Ancient coins can
sometimes be found made of lead or nickel or gold with a lot of platinum, as we learned from Fred Holabird a few months ago. The winner of odd substances may
go to US tax tokens made of paper, cardboard, brass, zinc, bronze, aluminum, pressed cotton fiber, wood, and plastic.
Sales tax tokens were fractional cent devices used to pay sales tax on very small purchases in many American states during the years of the Great Depression. Tax
tokens were created as a means for consumers to avoid being "overcharged" by having to pay a full penny tax on purchases of 5 or 10 cents. Issued by private firms,
by municipalities, and by twelve state governments, sales tax tokens were generally issued in multiples of 1 mill (1/10 cent). In the 4th Quarter of 1929 a festering
global economic crisis struck the United States. As unemployment skyrocketed, income tax revenue plummeted and defaults on property taxes spiked. At the same
time calls for state spending on relief measures for the indigent and the unemployed were amplified. Georgia adopted a sales tax in 1929 was followed by 11 additional
states in 1933 including such population centers as New York, Illinois, California, and Michigan. The twelve states that issued these sales tax tokens were Alabama,
Arizona, Colorado, Illinois, Kansas, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, Utah, and Washington. Sales tax became enshrined as the states’
means of finance from then on. In addition to the fractional cent tokens used elsewhere, a closely related system of state-issued paper sales tax stamps and punch
cards was used in the state of Ohio. Sales tax tokens were generally regarded as a nuisance by consumers and were replaced in fairly short order by the bracket
system of sales tax collection, which averaged out the tax on small sales. By the end of the 1930s token use was eliminated in most of the issuing states, with sales
tax tokens lingering in Missouri until late in the 1940s.
There are about 500 types issued with mintages of some of these types ranging upwards into the tens of millions. Consequently, tax tokens are regarded by
numismatists as ubiquitous and often are of comparatively little value and found in dealers junk baskets. On the other hand, certain types and varieties are extremely
rare, with as few as one specimen known. In 1971 collectors of sales tax tokens founded an organization called the American Tax Token Society, which has
published a quarterly newsletter since its foundation. http://www.taxtoken.org See also 1993, United States Tax Tokens and Stamps: A History and Catalog, by
Merlin K. Malehorn and Tim Davenport for further information.
Numismatically yours, David Elliott
With the bill at the Finance Committee in Congress contact your representative and senator if you want a Carson City Mint commemorative medal.
Evidently, the Bibliotheque Nationale Collection in Paris has quite a collection of early US coins: 34 half cents (including several proofs), 78 large cents, and 59
other coins, many pre-1800 and many in excellent condition, from half-dimes to $20 gold. There is also a 1850 Proof Set. Jeff Shevlin has earned the Order of
the Peacock for catching errors in a draft of E-Sylum article. This coveted award is for to the first reader who finds an error in the E-Sylum articles. This is only
the third time such award has been made in, perhaps, 1,500 E-Sylum articles. Well, I can’t say that. A sculptor who created a replica of the Statue of Liberty for
a Las Vegas casino was awarded $3.5 million in damages after the US Postal Service accidentally used a photo of his statue rather than a photo of the
original statue in New York harbor on one of its most common stamps. The 1804 dollar mentioned last month sold for $2.64 million to the owner of the Salt
Lake soccer team. Jonathan Kirschner of Moorestown, New Jersey, was convicted of selling counterfeit coins in counterfeit NGC holders. He is looking at
15 years in prison. Stack’s Bowers continues the sale of the Archangel Collection of Colonial and 1792 Coinage at their October 2018 Official Auction of the
Whitman Coin & Collectibles Expo in Baltimore. Comprising a comprehensive type set of early American and related issues, the cabinet showcases some of the
greatest rarities of the era, from the Massachusetts silver coinage through the earliest U.S. Mint issues, all displaying exceptionally superb quality. Maybe Robert will
get something we would otherwise never see. Perth Mint this month has 8 koi fish for Good Luck around a yellow spinning topaz charm, a new Star Trek original
series with the Enterprise NCC-1701, a Klingon D7 Battle Cruiser and Romulan Bird-of-Prey. This Tuvalu legal tender coin is housed in a replica of an Original Series
communicator and is limited to a mintage of just 850 pieces. Both gold and silver Diwali Festival coins share the design of representation of Hindu elephant god
Ganesha holding a lotus flower and and axe, with a mouse at his feet. And how can you refuse golden retriever puppies, kangaroos, and eagles.
Less than 200 of the over 3,000 coins from the SS Central America remain unsold. I guess that’s why they-re selling the gold dust now. Also from the SS
Central America: the finest-known Australian 1855 Sydney mint gold sovereign, made during the first year of that mint’s operations, was discovered with 82 sunken
treasure world gold coins representing 10 different countries retrieved in 2014. In addition, the 112 privately minted fractional gold, California Gold Rush coins in
denominations of 25 cents, 50 cents and $1 were retrieved from the Atlantic Ocean and 54 of them now have been designated proof-like by PCGS.
Canada has coins with a meteorite and carousel on them. What happened to all that East German cash? In the monetary union of East and West Germany, 620
million notes with a value of 17.8 billion marks were deposited for exchange. In total, 431 billion East German marks were exchanged for the West mark, 62 billion of
that at a 1:1 exchange rate, the rest at the higher 2:1 ratio. Suddenly banks were inundated with worthless currency and had to find a solution. Coins weighing
450,000 tons and nominally worth 640 million marks were simply melted down right away for their metal, mostly aluminum. Paper money though had another life of
its own. All of the notes, including the cash collected during the union and the never issued 200 and 500 mark notes, were gathered and hidden in underground
tunnels near Halberstadt in rural Saxony-Anhalt. It was assumed that moisture mixed with the poor quality of the notes would lead to their decay, but that did not
happen. After breakins and thefts, caretakers decided to speed up the process. In early 2002, all that remained of the 3,000 tons of the cash was dug up. Eventually
298 truckloads were sent to an incinerator, mixed with household trash and burned, bring an end to part of East German history. Designs for the 2019 gold, silver
dollar, and clad half American Legion 100th anniversary medals are concluded except for 2 design on the right top for the reverse. Picture of the reverse proof
dime in the silver proof set that goes on sail July 23 at noon eastern, 9AM here, The late Eric P. Newman’s most cherished coin: the unique 1792 Washington
President gold eagle that researchers believe was presented to George Washington and carried by him as a pocket piece. Graded NGC XF 45, the coin will be sold
without reserve by Heritage Auctions on August 16, 2018 for the first time since 1890 at the ANA World’s Fair of Money in Philadelphia. All of the net proceeds will
be donated to charity. Go get it Robert, I will not be able to see it otherwise. The first silver dollar in the Americas will also go on sale in Philadelphia ANA World
Fair of Money. In the 1990s, a new Spanish shipwreck was located in the Caribbean, which sunk around 1550. It yielded three specimens of the 1538 8 reales in a
chest of some 2,000 silver coins struck in Mexico City. The design of all three is typical of early issues of Carlos and Joanna produced in Mexico from 1536 to 1542.
The obverse shows a simple crowned arms with lions and castles in the quadrants and a pomegranate at the bottom. These are flanked by oMo (Mexico City Mint)
mint mark. The reverse shows the crowned Pillars of Hercules along with PLVS in a panel standing for PLVS VLTRA (further beyond), the post-Columbus Spanish
response to the expression “ne plvs vltra” (nothing further beyond) that formerly labeled the exit from the Mediterranean through the Straits of Gibraltar.The assayer's
letter “R” for Rincón is below the pillars. Above, a small Greek cross indicates the 8 reales denomination. The legend reads: KAROLVS ET IOHANA D / HISPANIE
ET INDIARVM RE, Carlos and Joanna, by the Grace of God, Monarchs of Spain and the Indies. The funerary mask of the ancient Egyptian Pharaoh
Tutankhamun, who ruled c. 1332-1323 B.C., is now a coin. Ultra high relief has now rendered it as the 3D reverse of a BU 65 mm, 93.3 g (three-ounce) .999 fine
gilded silver $20 struck for Palau.