Reno Cartwheel
November 2010

Next Meeting:
Tuesday, 2nd  of November 7:30 p.m.

Carrow’s Restaurant
605 N. Wells Avenue (Wells and 6th)
Reno, NV  

November
No topic scheduled

December
Minibourse–bring in you coins to sell and trade

At The Last Meeting
25 members were in attendance in September to hear a survey of Bulgarian coins from ancient Greek and
Roman Thrace, the medieval kingdoms, 19th century kingdom, Soviet and independent times. Not only
does Bulgaria have a long and rich history of coins, but it is a major source of coins as there are no
restrictions on digging them up and exporting them. Various Thracian petty kings minted coins beginning
in the 4th century BC in the style of Greek coins. When Lysimachus, one of Alexander the Greats
generals, became king, beautiful coins of of Alexander as Zeus Ammon were minted with Athena on the
reverse.  Many cities minted coins during Roman times with a wide variety of reverse, Medieval Bulgaria
imitated Byzantine coins as it fought to gain independence, finally succeeding in the 12th century, only to
be defeated by the Turks in the 14th century. Revolts from the Ottoman Empire succeeding in the late 19th
century, establishing the Kingdom of Bulgaria lasting until 1942 when Soviet Bulgaria emerge, gaining
independence in 1991.   












          
    
Early Bird Prize was donated back to club
.
Raffle prizes winners were:

Craig Chidester: 1977 unc coin set
E. Waselewsky: Bronze medal
Ken Hopple:1983 unc set
Ed Scott: 1979 dollars
Larry Demangate: 2000S VA clad quarter
Roger Edwards: 2000 ANG Bill, silver certificate
Karen Sanguenetti: 1995 dollar bill
Brent Daniel: coins of Israel
Rick De Avila: early Roman coin
Jack Gruhler: 2 Israel coins
Brittany Gruhler: Israel coins
Ed Scott: Norway coin, Mexican coin, Jefferson    nickels
Garrett Allen: Two silver classic, war nickel set, 1982 penny set, 1964 Canadian nickel roll, 1935 silver
certificate

I WANT TO THANK EVERYONE WHO DONATES TO THE RAFFLE!

Ken Hopple WON the quarter pot–$64.50

                 
Auctions
1885-O $1 MS63 toned won by Paul Williams $45
2010P Boy Scouts Silver Dollar won by Rusty King $37








Upcoming Coin Shows

October 30-31
The Reno Coin Club Coin Show, Saturday 9-6 and Sunday 9-4 at the Holiday Inn, 55 Nugget Ave.  
Admission $2, under 12 free.  Call Duke Morin for more information 775 741-0960.

November 14
Peninsula Coin Club 33rd Annual Coins and Collectibles Show Napredak Hall, 770 Montague Expressway,
San Jose, Fred van den Haak (650) 498-4158 fredvdh@gmail.com

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

RCC Officers
Doug Larson…. President……843-0162
Karen Sanguinetti..Vice Pres...857-4508
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: Monstrous Coins

I have been lucky to get a coin of Kerberos or Cerberus and Glaucus this month. The monsters of Greek
mythology often make their appearance on coins, since the monster is often associated with a hero or a
god or associated with the issuing city.
The fisherman Glaucus begged Neptune for immortality, which was granted by drinking a potion that soon
forced him into the water as a water breather and turned his legs into a fish tail.
















And, it got worse. Glaucus fell in love with a maiden he saw on the seashore, but she spurned him.
Crestfallen, Glaucus goes to the witch Circe, who falls in love with him and suggests he drop Scylla for
her. Circe spurned transforms Scylla into a hideous beast with legs of snakes, dogs, and other
monsters.     




                                                                             





                        




Kerberos or Cerebros was the three headed dog of Hades, which guarded the underworld. He often
appears on the foot of Hades throne on coins.



                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
 The Gorgon is one of the oldest and most ubiquitous monsters in the Greek world. set on cornices and foundation stones to ward off the evil eye, the Gordon was supposed to be so hideous a sight as to turn people to stone.




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                




                                                                                                                                              One of
the Gorgon’s Medusa was created after Neptune had an assignation with Medusa in Athena’s temple.
Enraged, Medusa was turned into a Gorgon, turning men into stone, until Perseus slew her using her head to
kill the Kraken, before Athena took it to put on her shield.  From Medusa’s severed neck sprang the Pegasus,
an emblem of the city of Corinth.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                          







Another winged creature is popular on Greek coins, although it has its origins with Greece’s mortal enemy
Persia. The griffin was the royal emblem of Persian kings, a lion with the wings of an eagle and eagles
head.


                                  






Our last winged creature is the sphinx, a symbol of Egypt, appearing on many of Augustus’s coins as
conqueror of Egypt. Sphinxes, of course, are lions with human heads.


                          








Returning to the sea, our last creature is the hippocampus. A monster that is shared by Phoenicia and the
Greeks. the hippocampus is associated with Neptune as Neptune was the god of both the sea and horses..
The hippocampus is a horse with a fish tail.                            
                          
                          
















Numismatically yours,
David Elliott

Silver Coin Melt Values Skyrocket, by CoinNews.net on October 15, 2010
U.S. and world coin melt values have skyrocketed as silver prices this year keep soaring to fresh 30-year
highs.
As of Thursday, silver has gained $7.50, or 44.1 percent, since the end of 2009, lifting intrinsic values of
old coins containing the precious metal to astonishing new levels. Examples include the 1964 Roosevelt
Dime and 1964 Kennedy Half-Dollar which have seen their silver melt values surge to $1.77 and $8.66,
respectively.
Even non collectors will hoard old coins found in circulation because they know their values can be worth
much more than the denominations stamped on their faces. Most realize buyers will pay premiums
depending upon their rarity and condition. However, what casual coin hoarders often do not realize is that
many older coins do not have significant worth to collectors, but they do contain 90% silver which makes
them very valuable nonetheless. Often referred to as "junk silver coins" by those in the hobby, these 90%
silver coins can command more than a pretty penny — especially in today’s silver market. Those who
have stashes of old junk silver coins can find themselves in possession of newfound wealth.
To exemplify this point, the chart below shows the intrinsic or melt values of twelve older United States
coins based on the London Fix price of $24.49 an ounce on October 14, 2010. For comparison, it shows
where these coins stood at the beginning of the year when silver was $16.99 an ounce.
Silver Coin Melt Values
Silver
Coin
Coin Melt Values
(December 31,2009
Coin Melt Values
(October 14, 2010)
2010
Increase
1942-45 Jefferson nickle
.05
$.96
$1.38
$0.42
1916-45 Mercury dime
.10
$1.23
$1.77
$0.54
1946-64 Roosevelt dime
.10
$1.23
$1.77
$0.54
1932-64 Washington
quarter
.25
$3.07
$4.43
$1.36
1916-47 Walking Liberty
half
.50
$6.15
$8.86
$2.71
1948-63 Franklin half
.50
$6.15
$8.86
$2.71
1964 Kennedy half
.50
$6.15
$8.86
$2.71
1964-1970 Kennedy half
.50
$2.51
$3.62
$1.11
1878-1921 Morgan
$1
$13.14
$18.94
$5.80
1921-1935 Peace Dollar
$1
$13.14
$18.94
$5.80
1971-1976 Ike Dollar
(40% Silver)
$1
$5.37
$7.74
$2.37
Silver Eagle (1 oz)
$1
$16.99
$24.49
$7.50