Tuesday, 24th of March (4th Tuesdays)
Denny’s, 205 Nugget Ave. (at East McCarran), Sparks
March 24 Can you beat Sam Dibitonto’s Morgan?
Sam will bring his MS Morgans. Bring your best and see if you can beat his
March 28 New Coins at the Museum (now last Saturdays)
April 24, 25 National Coin Week at the Museum
April 28 NCW: Remarkable Women: Catalysts
of Change featuring Eva Adams
May 26 Stan Paher Ghost towns of Nevada
May 30 New Coins at the Museum (now last Saturdays)
July 17, 18 Reno Coin Show, Reno
Ramada Hotel & Casino, 1000 E. 6th St.
The Last Meeting
34 members saw Robert Rodriguez’s amazing Comitia Americana medals. Rob Rodriguez and Tony Lopez are torturing silver dismes in the Chicago
cyclotron. Apparently, the 1792 disme obverse was created from a hub (device punch) that was later used in 1793 to create the two half cent obverses among other
discoveries. With Bob Nylen’s retirement from the museum, changes are afoot. The first change is the NV museum’s coin press will be running the last Saturday of
the month instead of last Friday of the month, so we will be going down on Saturdays now. We are trying to set a potluck on a Saturday in June at same place as
last year. Next quarter out April 6, 2 days after basketball coin. Also raffling off sets of club medals at $1 ticket, 6 for $5. Will give set for each $125 raised. Got
1884 CC boxed dollar at $10 ticket, limit 40 tickets also in April. 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 for any reason: firstname.lastname@example.org 815-8625.
Early Bird Prize: 2020 NA $1 won by Jeff Allen
Raffle prizes winners were:
David Elliott: Washington medal, steel .01 set, unc.1961PD .01
Bill Naylor: 1988 mint setr
Jerry Breedlove: 1 gm silver
Joseph Drapula:1973,1974 unc. .25
David Loader: unc.1961D .25
Shannon Holmes:bronze RCC medal
Bob Hoffman: coins in holder
Laurel Hoggan: coin case
Jeff Allen Mercury .10
Milton Angel: chocolate coins
Faye Allen: unc.1973 PD .10
Bart Daniel: mystery box Donald Trump and Obama medals,
fancy birthday year holder
Ken Hopple: PDS bats .25, 2002 PD mint sets
Rick De Avilla: penny album, 1961D dime
Mary Long: 1976 proof set. 1977 proof set, Sitting Bull $1
Danny Clifton: mint bag
Fancy presidential $1 set won by Bob Hoffman for $60.
Copper and silver 150th CC mint medals donated by David Elliott won by
Milton Angel for $90.
Doug Harper WON the quarter pot $28.50!.
THANKS everyone for donating to the RAFFLE!
Upcoming Coin Shows
March 20-21, Sacramento Coin Show, Lion’s Gate Hotel, 3410 Westover St. Admit: $3, Tables: 66 Peter McIntosh 916 317-9055 email@example.com
March 27-29, Western States Token Show, Veteran’s Memorial Building, 1351 Maple Ave., Santa Rosa Merle Avila 707585 3711 707 824-4811 pm
June 4-6 Long Beach Coin, Currency, and Stamp Show, Long Beach Convention Centre, 100 S, Pine St. Admit: $8 Tables: huge Taryn Warecker 805 680-0294
July 17, 18 Reno Coin Show, Reno Ramada Hotel & Casino, 1000 E. 6th St. Admit Tables: 38 Bill Green 925-351-7605 firstname.lastname@example.org
David Elliott….......... President…........…815-8625
Rusty King..............Vice President......... 677-7057
Doug Larson............Past President..........843-0162
Andre Azzam ..............Secretary….........338-0707
Joe Wozniak.............…Director…......818 321-6678
Ken Hopple ....…..........Director..............677-1544
Paul Williams…..........ANA Rep..............720-5395
Treasurer’s report: Minimal activity. Income included $227 for medal sales, $160 for 2020 renewal dues, $117 raffle, and $150 in auctions. Expenses were for the
newsletter, our website, bank fees, $90 for coin purchases.
Not the Other Coin: Morgan Dollars
Morgan silver dollars are the King of America's Coins with a rich history centered on our own CC mint and the Comstock. Morgan dollars are named after designer
George T. Morgan, whose beautiful Liberty head design was modeled after schoolteacher Anna Williams and the French 5 Franc coin. Morgans were
struck at five US Mints from 1878-1904, and again in 1921. Composed of 90 percent silver and 10 percent copper, Morgans circulated mainly in the West, the cowboys
of the Old West dubbed the coins "cartwheels" because of their hefty size and weight. Liberty is featured on the coin’s obverse, with a somewhat gaunt eagle depicted on
the back, giving the Morgan its other nickname of the buzzard dollar. It’s reported that over half a billion Morgan coins were struck between 1878 and 1921. Most of the
output came from the original mint facility in Philadelphia, while Carson City, New Orleans, and San Francisco sites also made them. Later, in 1921, the Denver mint also
produced Morgan dollars.
The Comstock vein of gold was encased in a heavy black soil thrown aside by the ton and used to set the stones and cobbles in the streets. JF Stone sent a sample to be
assayed. The discarded clay turned out to be incredibly rich in silver, yielding $4,700 a ton. For the next two decades, the Comstock Lode produced more than $300
million in 19th century dollars. Today, the Comstock Lode of Nevada is still known as the Queen of the Silver Strikes. The Comstock Lode and other mines caused
Nevada's population to grow ten-fold by 1880. Prior to the Comstock discovery, silver was used sparingly for coinage, but afterward a flood of silver coins and dollars
were struck. In fact, this abundance of silver and the fabulous Comstock Lode helped give birth to the Morgan silver dollar.
The Morgan silver dollar was first minted in 1878, after a lapse of five years in the production of silver dollars. The Mint Act of February 1873 ended the production of
the Liberty Seated silver dollars in favor of trade and gold dollars. Silver dollars made up less than 1% of circulating silver and were considered too heavy and bulky by
most of the public. Mine owners out West lobbied and pressured Washington until Congress finally authorized the production of a new silver dollar in 1878. When
Morgan dollars were first issued, large quantities of silver were being mined at a time when very few industries needed silver. To make matters worse, Germany had
converted to the gold standard and had dumped 8,000 tons of silver on the open market. Western congressmen pushed through a bill that required the Treasury to
purchase over 140 tons of silver each month to mint silver dollars enriching the mine owners and leading to a financial collapse of 1893. Congress stopped all silver
purchases and silver stock on hand ran out in 1904, which ended Morgan production.
No one expected the Morgan silver dollar to ever again be minted. The dies were ordered destroyed. The government melted down $350 million worth of silver dollars for
Great Britain and shipped to India. The government the bought an equivalent amount of domestic silver to replace those coins that were melted down. In 1921, after a
lapse of 17 years, three US mints struck Morgan dollars: Philadelphia, San Francisco Mints, and Denver, opened in 1906.
Peace dollars were struck from 1921-1935 due to political pressure from silver-mining interests with millions of the coins stored away in government vaults. They
remained there until 1918, when the Pittman Act sent millions of them to the melting pot to help finance the military effort during World War I. In 1965 when the U.S.
Mint stopped producing coins in .900 fine silver and stopped redeeming paper money in silver dollars, the government made an accounting of silver dollars still in storage.
To everyone's surprise, a hoard of uncirculated Carson City Morgan silver dollars was discovered in a forgotten corner of the main Treasury building in Washington. The
government decided to seal them in special holders and sell them to the public as boxed dollars. The final tally was over 2.8 million CC Morgan silver dollars. The special
sale ignited a surge of popularity in the Morgan dollar series and this popularity remains just as strong today, making the Morgan silver dollar the most collected silver coin
in the world. I’m bringing my CC boxed dollar.
Numismatically yours, David Elliott
The Chapman proof 1921 Morgan dollar is a clandestine issue. As an unofficial U.S. Mint issue, the only items that we can be sure of is that these were produced
by George T. Morgan at the behest of prominent Philadelphia coin dealer Henry Chapman In March 2020 Baltimore Auction. Certified proof 67 (PCGS) is the finest
example.A rare 1804 silver dollar, the most famous prize in coin collecting, will be sold in Baltimore on March 20, at an auction conducted by Stack’s Bowers
Galleries. One of just 15 known to exist, the auction house expects the coin to bring between $1.2 and $1.5 million. Though dated 1804, the Garrett specimen of this
renowned rarity was struck in secret at the Philadelphia Mint sometime between the 1850s and early 1870s. Ben Weiss has written a well-researched 265-page book
Medallic History of Slavery, Racial Oppression as Chronicled by Historical and Commemorative Medals and free online.
http://www. historicalartmedals.com/ MEDALLIC%20HISTORY%20OF% 20SLAVERY.pdf Eva Adams video covers the introduction of the Kennedy half
dollar as well as the 1960s coin shortages and subsequent introduction of clad coinage. The former Mint Director opposed legislation that would have removed presidents
from US coins and replaced them with figures emblematic of Liberty. Adams concludes with a few remarks on the construction of the (fourth) Mint in Philadelphia,
which opened in 1969 during the final year of her administration. Link on Newman Portal: https://nnp.wustl.edu/library/book/578942
100 Greatest Modern World Coins by Charles Morgan and Hubert Walker, hardcover, 168 pp.; full color; $29.95. Old Regime France and its Jetons by James E.
McClellan III, $100 hardcover, 268pp, b/w figures. Kolbe and fFnning have The Half Cent, 1793–1857: The Story of America’s Greatest Little Coin, by William R.
Eckberg for $125. Smithsonian coin collection is gradually coming on-line. China's central bank in Guangzhou announced it will destroy cash collected by
hospitals, buses, and markets in coronavirus afflicted areas to curb the outbreak's contagion, financial news outlet Caixin reported Saturday. 505 Gold coins found
during renovation work at Jambukeswarar Temple in Tamil Nadu. The pot was found by workers engaged in renovation work near the Akhilandeswari shrine in the
temple complex. The temple is believed to have been constructed in the early Chola period, almost 1800 years ago. Mutilated Currency Division of the Treasury
Department's Bureau of Engraving and Printing. These experts play forensic scientist with damaged bank notes; you might call it “CSI: Currency Victims Unit.”
They inspect an owner's unusable money to determine a value, which the Treasury Department will redeem in check form. Every week, the federal office in SW
Washington receives hundreds of padded envelopes, boxes and even safes stuffed with cash ravaged by water, fire, shredding machines, insects or a canine's teeth.
“Your dog ate your money. Your grandma buried $100,000 in her backyard. Your 2-year-old shreds an envelope filled with $1,000,” says program manager Ty Hensell.
“Look it up on YouTube.”
Besides having an up to 30 percent off their Star Trek coins, Perth Mint has a Venom, Harry Potter, surfboard, and HMS Endeavour coins:
The thieves of the 221 pound gold maple leaf coin got 4 years in prison in Berlin. Records indicate that the Philadelphia Mint struck 99 proof double eagles in 1913,
though just 58 coins were distributed due to the declining interest in the matte, roman and sandblast finishes used since 1907. Below a proof 66 coming up to auction. A
woman at the FUN coin show in Florida received a rarity in her change, a mismatched serial note worth hundreds of dollars.
A medal awarded to a boxer who helped save the Princess Royal from an attempted armed kidnap is to be sold. Former heavyweight Ronnie Russell, 72,
punched Ian Ball in the head as he tried to abduct the princess at gunpoint in London in 1974. Mr. Russell was awarded the George Medal for bravery by the Queen, who
told him: "The medal is from the Queen, but I want to thank you as Anne's mother." UK’s Agatha Christie and Mayflower coins are out.
ANA list most valuable US coins: 1794 Flowing Hair dollar: $10 million, 1933 St. Gaudens gold double eagle: $7.6 million, 1787 EB on breast Brasher doubloon: $7.4
million, 1913 Liberty head nickel: $4.5 million, 1804 bust dollar: $4.1 million. (above) The C4 Colonial Coin Collectors Group over 100,000 posts were transferred
from Yahoo to Newman Portal. Yahoo shut down all the groups and their archives. It is searchable.