Tuesday, 22nd of September 7 PM (4th Tuesdays now)
Denny’s,205 Nugget Ave.(at East McCarran), Sparks
September 22 Ice Cream social and a movie-"Carson City Half Dollar"
October 27 Oktoberfest. Bring your German coins and medals! Laurel Hoggan
November 24 Happy Birthday NV! Rusty King
December 22 Minibourse! Bring coins to sell or trade
The Last Meeting
39 members attended Andre Assam’s discussion of coins and tokens used in local casinos with good assists from members and a huge bag of chips for sale
from Doug Larson, I got a bunch. Fred Holabird’s Nevada national bank notes made a second appearance, and a Rhyolite note was finally found, going to
auction in November (see below). Holabird’s auction is September 24-27, go to www.FHWAC.com or call 851-1859 for catalog, also on ebay. Kennedy $1
and NC .25 will be at the September meeting. I should have the Johnson dollar as well. The Bombay Hook .25 will not be issued until September 30, so not
available until October meeting. I should also note the set of 1st Wives medals that sold out so fast last year will be available 9AM (noon eastern) on Monday
September 21st. Move fast. Ken Hopple was making commemorative Morgan dollars on the coin press and John Frost brought a complete 20 cent set
with all the varieties, matching a new CC variety to one of the dies dug up a few years ago(more below). San Francisco and all CA are putting on a great tribute to
the Panama-Pacific International Exposition of 1915, especially at the De Young Museum, October 17 to January 10 and Wells Fargo Museum until December
4th, but every institution and museum seems to be doing something. See http://www.ppie100.org/events/ The Delaware quarter is due out 9-30. The board
meeting will be at Denny’s 6:30PM before the regular meeting.
Early Bird Prize was copper round won by Clayton Brownell. . Blue Ridge .25, NA $1, Kennedy $1 here. Johnson $1 ordered.
Raffle prizes winners were:
Art Bonnel: 1971 proof set, 2009 roll of pennies mystery box
Clayton Brownell: 2 50 Pesos coins
Milton Angel: English proof set, Harrah’s silver medal, mint bag
Ed Cranch: 2003 proof set, copper round
Don Stamps: coin albums
Ken Hopple: 1976 NV centennial medal, chocolate coins,
more chocolate coins
Thomas Charleston: set steel pennies, 1939S .01
Joe Wozniak: 1972 proof set
Laurel Hoggan: token collection
Mary Long: RCC brass medal
Jeff Allen: 1908 Barber .05
Trish Elliott: 1971 D unc. Ike
Danny Rossow: copper RCC medal
Alan Jackson (not present) won the quarter pot.
I WANT TO THANK EVERYONE WHO DONATES TO THE RAFFLE! (especially Laurel for the Aces tickets)
Upcoming Coin Shows
September 11-13, LV Numismatic Society Coin Show, Palace Station Casino, 2411 W. Sahara Ave., CK Shows,888 330-5188, firstname.lastname@example.org www.
September 17-19, Long Beach Coins, Stamp, and Sports Expo, Long Beach convention Center, 100 S. Pine Ave., Admit: $8, Taryn Warrecker,805 680-0294,
September 24-27, Million Dollar Auction Live, Fred Holabird, 775 851-18159, www.FHWAC.com ebay.com/usr/fhwac (new items daily)
September 26, Northern California Numismatic Association Numismatic Seminar, “Great Collectors and Grand Collections,” 734 Marin St., Vallejo, CA,
Michael Turrini, 707 246-6327, email@example.com www.solanocoinclub.com
October 2-3, Sacramento Coin Show, Four Points Sheraton Hotel, 4900 Duckhorn Dr., Admit: $3, Tables: 50, Bob Shanks, 916 204-5168, www.sacvalcc.org
October 30-31, Nevada Day at the Nevada State Museum, Ken at the press and Dave at the club table, free admission and a parade on Saturday!
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
The RCC Board meets the 4th Tuesday of the month at Denny’s at 6:30 PM. Everyone is invited to attend
Not the Other Coin: US 20 cents
John Frost, co-author of the book Double Dimes – The United States Twenty-cent Piece, brought a complete set of 20 cent coins with all the varieties and die
marriages including an 1876 CC to the coin show at the Nevada State Museum. In addition, a new die marriage of the an 1875 CC discovered in January 2015 was
matched to the actual die at the museum.
The 20 cent coin was the brainchild of Senator John Jones of Nevada, and was only made from 1875 to 1878 at mints in San Francisco, Philadelphia and Carson
City. “The United States 20-cent piece is something that most Americans don’t know we ever had,” Frost said. “It was actually the single biggest flop in U.S. coin
history, even worse than the Susan B. Anthony dollar. Not only was it very similar in size to the quarter, it was also a very similar design, so it was kind of doomed
from the start.” The second part of the Frost’s lecture touches on a pit of old coinage dies found when the Nevada State Museum was expanding in the 1990s.
“Four of the dies they found were from 20-cent pieces,” said Frost, who later came across a coin that he was able to match exactly to one of the recovered dies.
He is loaning it to the museum to be displayed with the die.
Strangely, the idea for a 20-cent coin was not exactly new when the first one appeared in 1875. Thomas Jefferson had suggested the denomination as early as
1783, but the United States was not in a position to make many silver coins of any denomination. The nation as it existed then had no silver and the Spanish Empire
did, so it was Spanish silver that circulated. Silver bullion remained scarce and when you had brought silver into the Mint, you could request the coin denomination
you would like to receive in return. Prior to 1804, the preference was for silver dollars. When dollar production was suspended in 1804 in an attempt to have
greater production of other denominations, Senator Uriah Tacy proposed a double dime in 1806, but it failed to pass. With the discovery of silver in Nevada in
1859, a great deal changed. Suddenly, silver supplies were no longer an issue. The silver half dime was eliminated in 1873 that created an interesting situation in the
West. Branch mints were not allowed to produce anything but gold and silver coins. For small sums, the West was left high and dry when it came to small change.
It was probably not lost on the silver mining interests that a 20-cent piece would use silver. Lost in the rush to get the new denomination into the hands of the
public was the fact that it would be awfully hard for a 20-cent piece to be very different in size from the quarter if both were made of silver. The 20-cent piece
weighed five grams and measured 22 millimeters in diameter while the quarter was 6.25 grams and 24.3mm in diameter. The Mint director originally suggested that
the 20-cent piece be patterned after the Trade dollar in design. Eventually, however, the design turned into a marriage of sorts between the Christian Gobrecht
Seated Liberty obverse, which was still being used on the dime, quarter and half dollar, and William Barber’s Trade dollar reverse. Officials only concession was
that the edge of the new coin was plain as opposed to reeded on the quarter. The 20-cent was probably doomed due to its similarity in size to the quarter, but the
design decision was of no help.
There was a large mintage in 1875 was San Francisco, which produced 1,155,000 pieces, which actually was almost double the 1875 San Francisco quarter
output. From that point San Francisco never struck the 20-cent denomination again, which says a great deal about the public reception for the new coin when it
reached the streets of the city. In Carson City, 1875 20-cent piece and quarter mintages were almost identical with 133,290 of the smaller coins produced
compared to 140,000 of the larger. By 1876 the 20-cent piece was already the subject of repeal legislation. It would take until 1878 for it to make it into law.
That explains why 1877 and 1878 20-cent mintages were very low and confined to proofs. The public had completely rejected it. This is probably no surprise to
collectors who experienced the Anthony dollar fiasco.
The 1876-CC coin is a story by itself. Only 10,000 pieces were struck. Obviously with a mintage of 10,000 pieces, the 1876-CC was never going to be common.
We know the dies for striking the coins were destroyed Jan. 20, 1876, so clearly the 1876-CC was not produced for very long. Over a year later on March 19,
1877, Mint Director Henry R. Linderman ordered any remaining 20-cent pieces at Carson City melted. The order may well explain why the 1875-CC is tougher
than might be expected based on its mintage. It also explains why the 1876-CC hardly survived at all.
An MS-65 that sold in the 1997 Eliasberg sale brought $148,500, now would sell for over $350,000. Although the 20-cent piece was gone from regular production,
it was struck in 1877 and 1878 as proofs. The audience was small. The 1877 saw 510 sold to collectors and 600 were taken by them in 1878. For John Frost’s
whole book go to http://www.doubledimes.com/
Numismatically yours, David Elliott
A National Bank Note From Rhyolite
The previously unknown Rhyolite note will be featured in Lyn Knight Currency Auctions’ sale during the PCDA National Coin & Currency Convention, Nov. 19-
22, at the Crowne Plaza O’Hare in Rosemont, Ill.
In the summer of 1904 Frank ‘Shorty’ Harris and Ed Cross, discovered rich gold ore in the vicinity of what would become Rhyolite. People soon flocked in to
make their claims in what came to be known as the Bullfrog Mining District, named after Shorty and Ed’s original mine. “By 1909 Rhyolite, NV was a substantial
town approaching 10,000 in population, third largest city in Nevada and largest railhead in the state, served by three railroads, featuring 45 saloons and dining halls,
an electric light plant, four newspapers, several fine hotels, a telephone exchange, water system, and a large, two-story brick school, all supported by three banks,
two of which were housed in impressive multi-story stone structures. The mine closed in 1911 and Rhyolite quickly became a ghost town on the edge of Death
Valley by 1920.
The Newman Numismatic Portal has added all the back issues through 2014 of the Gobrecht Journal, the journal dedicated to the seated liberty coinage designed
by Christian Gobrecht. The goal of the Newman Numismatic Portal is to create the world’s most comprehensive online encyclopedia of American and Colonial
coinage, currency, realia, and related correspondence and published literature. Type in Gobrecht in their search box to find all the journals. If you own a
Eisenhower Coin and Chronicles set where the dollar can grade PF-70 and the medal MS-70, you can make a huge profit on it – just not quite as much as the
first set or two that were sold. On Aug. 31, an eBay “buy it now” sale for a PCGS graded First Strike PR-70 Eisenhower reverse proof Presidential dollar and MS-
70 Eisenhower silver Presidential medal concluded with the set going for $1,900, almost 33 times issue price. Two Numismatic Guaranty Corporation Early Release
PF-70 and MS-70 sets were purchased, one at auction for $2,001 and the other in a “buy it now” sale for $1,896 on Aug. 30. These prices are many multiples Mint
sales price of $57.95. Compared to the past release of the Truman Coin and Chronicles set, the Ike set prices are stronger. Graded PF-70 and MS-70 sets of the
Truman reverse proof dollar and Presidential medal currently are around $1,250 to $1,350. PCGS and NGC graded -69 sets are going for $200 to $250 on eBay. Of
PCGS coins graded, just 4.8 percent made PF-70. This is similar to the 5.1 percent of a total of 1,583 Truman reverse proof dollars being graded by PCGS as PF-
70. Ungraded Ike sets are a different story as premiums since their release dropped from $250 on Aug. 11 to around $150 as of Sept. 2. The large quantity of
ungraded sets entering the market continues to drive the price downwards. Perth mint this month has Captain Janeway set, Pink diamonds set in gold and
platinum bars, started the Year of the Monkey coins, has a coin with opal shaped in a bat, wedge-tailed eagle, and Aphrodite. See them all on the on-line edition, just
Whitman Publishing announces the release of A Guide Book of Barber Silver Coins, by Q. David Bowers. The 384-page book (number 20 in the popular Bowers
Series) will be available September 22 for $29.95. It can also be borrowed for free as a benefit of American Numismatic Association. These handsome silver coins
were produced from 1892 into 1916 and they remained in circulation until well after World War II. Bowers provides insightful study by date and mintmark for
every issue of the three denominations (277 major varieties), rich historical background, and detailed data analysis. The text is illustrated by more than 800 images.
Bowers, the “Dean of American Numismatics” and the most prolific numismatic author of all time, tells collectors how to evaluate quality, determine value,
understand the market, and make good buys, and takes the reader on a journey through what he calls “the most interesting and evolutionary period in American
history.” Also is included a history of Charles Barber’s life; the mints, Mint directors, and Mint superintendents responsible for Barber coinage; the public’s
evolving attitudes toward his designs; and Barber silver collecting, along with strategies for building a significant collection of your own.
ISIS released a video showing they have started to mint their own bullion gold, silver, and copper coins. Collectors.com opened with one billion dollars of links to
coins, banknotes, autographs, baseball cards, and stamps. You can search for items over a variety of on-line sights at once. It seems to be dedicated to higher
grade and encapsulated coins. The Zimbabwe dollar has died and will be converted at 35 quadrillion dollars to 1 US dollar.