Editor's Comer CATONSVILLE COIN CLUB P.O
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VOLUME XLI July 7, 2010 NUMBER 7 Coin Chatter A Publication ofthe Editor's Comer CATONSVILLE COIN CLUB P.O. BOX 3273 CATONSVILLE, MD 21228 What do you collect? . Meetings-Send e-mail to And why? At first glance this [email protected] question might seem to be trivial and quite YOU! WEB address- http://catonsville.anacIubs.org innocent. But let's dig a little deeper into your collecting habits and personality and we will fmd that the answers beg for more questions. Catonsville Coin Club First, do you collect U.S. coins? Are you just a hole filler or do ANA Club Member # CLM-I098541 you research the coins you need to fill that hole? Did you research coins Meetings- 2nd Wednesday of each month or as indicated in the club bulletin Coin Chatter. before you decided on a specific series? Do you collect for the shear joy Starting at 7:00 P.M. -Catonsville Branch of collecting or is your ultimate goal strictly monetary? Do you collect Baltimore County Public Library 1100 Frederick Road, Catonsville, MD. other numismatic items like tokens and/or medals? Yes, more questions. My favorite response to "What do you collect?" comes from Meetings- Send e-mail to: Bill Ayres, a fellow collector who recently passed away. When asked the [email protected] question, "What do you collect", his immediate response was, "I collect collectors." What a great response. Does your personality reflect DEPARTMENTS in your collecting habits? Let's look at some traits. From the President From the Secretary/Editor Honesty Integrity Forgiveness Trusting From the Treasurer Idealistic Cooperative Helpful Faith Committee Reports FEATURES Now let's apply these traits to you personal collecting habits and Calendar of Events then to your interaction with coin dealers and other collectors. Are you Minutes of Last meeting cooperative and helpful when interacting with other collectors? Only you Announcements/Coin Shows Theme/Program can respond to the questions. Show-And-Tell Honesty- Are you fair and straightforward in Door Prizes your conduct? Are you sincere, honorable? Raffle Prizes Auction Integrity- Does your integrity adhere to a high code of moral values? Idealistic- Do you place your ideas before practical considerations? Faith & Trust- Do you practice allegiance to particular person or is your loyalty clouded by some other strong conviction? Do you trust your interactions with coin dealers? Do you have assurance and reliance on the character, ability, strength or truth of that dealer or fellow collector? NEXT MEETING Can you place confidence in that person? SECOND WEDNESDAY Only you can answer these questions and hopefully the answers FEBRUARY 10, 2010 will make you a better collector and more important, a better person. I'll step down off of my soap-box and let you ponder the questions? July 2010 Catonsville Coin Club Newsletter Pal!e 1 Our United States Changing Dollar Starting with the Morgan Silver dollar, let's take a look at the dollar and how its design has changed over the years. FLOWING HAIR LffiERTY HEAD 1977 In 1977 Frank Gasparro designed the Flowing Hair Liberty Head facing left dollar coin with a flying eagle on the reverse as a proposed design to replace the Eisenhower dollar. Unfortunately, in my opinion MORGAN DOLLAR 1878-1921 the design was not selected and the Susan B. Designed by George T. Morgan, with the obverse Anthony dollar replaced the Eisenhower dollar featuring Liberty head facing left and reverse an eagle with wings spread. SUSAN B. ANTHONY DOLLAR 1979 Designed by Frank Gasparro with a head profile of PEACE DOLLAR 1921-1935 Susan B. Anthony facing left on the obverse and a Designed by Anthony DeFrancisci, the obverse flying eagle landing on the moon on the reverse features Liberty head facing left and reverse an eagle facing right on a rock. EISENHOWER DOLLAR 1971-1974, 1977-1978 Designed by Frank Gasparro with head of Eisenhower facing left on obverse and eagle with wings spread facing left on reverse landing on the moon. SACAGAWEA DOLLAR 2000- 2007 The dollar shows an the Indian maiden Sacagawea bust right with baby on back on the obverse and an eagle in flight on the reverse. The reverse design was changed showing a wampum belt around five arrows EISENHOWER BICENTENNIAL DOLLAR 1976 PRESIDENTIAL: DOLLARS SERIES To celebrate the Bicentennial of the United States 2007-2016 the date of the obverse was changed to 1776-1976 The former Presidents of the United States are and the reverse was redesigned by Dennis honored in the presidential dollar series starting in R.Williams featuring the Liberty Bell in front of the 2007 . Four different coins are issued each year, in moon. the order that the presidents served. July 2010 Catonsville Coin Club Newsletter Pa2e 2 CHAIN STRIKES. I just discovered a new term in numismatics while reading an article in the Collectors Clearing house; Errors & Varieties by Mike Diamond titled "Straight lines typical, but not the rule for chain strikes" in the April 12, 2010 issue of Coin World. Mike Diamond defines a "chain strike" as: the The reverse of each coin has a design featuring the following: Statue of Liberty. Coins have been struck for the "Every so often two planchets following Presidents obverse design: (or two coins or a coin and a planchet) 2007: George Washington 1789-1797 end up lying side by side within the same John Adams 1797-1801 striking chamber. If they are close enough Thomas Jefferson 1801-1809 to each other, or abut each other, the James Madison 10=809-1817 conditions are just right for the creation 2008: James Monroe 1817-182 of a chain strike. John Quincy Adams 1825-1829 Opposing edges will make contact Andrew Jackson 1829-1837 as the two off-center coins expand under Martin Van Buren 1837-1841 the force of the strike. The tight junction 2009: William Henry Harrison1841-1841 between the two adjoining coins constitutes John Tyler 1841-1845 a chain strike. ' James Knox Polk 1845-1849 Since each planchet has the same physical Zachary Taylor 1849-1850 properties, one would expect the junction to take the 2010: Millard Fillmore 1850-1853 form of a straight line. And that's exactly what we Franklin Pierce 1853-1857 see in most chain strikes. James Buchanan 1857-1861 - - -"-- The undated Lincoln Abraham Lincoln 1861-1865 cent presented here displays a typical chain strike with a ruler-straight edge. The point of contact with the adjacent coin was along the straight edge. $1 SILVER EAGLE 1986- CURRENT The silver eagle is a I-oz. bullion coin with a face value of one dollar. The obverse has Adolph A. Weinman's Liberty Walking design used on the half It is important to note that not all chain dollar coins from 1916through 1947. The reverse strikes form a straight edge. A second undated, off- design is a rendition of a heraldic eagle by John Mercanti. center Lincoln cent shown in the lower left, displays a strongly concave chain strike in the That completes our look at the design evolution of southwest quadrant of the obverse face. Chain the United States dollar. The series is one of the strikes of this type are often mistaken for curved most popular collectible series, both numismatically clips (incomplete planchet). Another example is the and for its bullion content off-centered 1999 Lincoln cent shown in the lower right is a sinusoidal chain strike with the contact facet at the 1:00 position. July 2010 Catonsville Coin Club Newsletter Paj?:e3 To learn more about chain strikes, it is recommended that one read the remainder of the Mint boosts prices for bronze medals article on page 82 in the April 12, 2010 issue of Coin World. The U.S. Mint increased the prices for its 3-inch and 1.5 inch bronze medals by 10.5 percent and 60 ANA selects Chicago as summer show site percent, respectfully, effective March 25,2010. The American Numismatic Association The price increase began with the just- Board of Governors took action in Fort Worth, released bronze duplicate medals for the Women Texas March 27,2010 approved a recommendation Air force Service Pilots (WASO) congressional from Executive Director Larry Shepherd to name gold medal illustrated below. Chicago as the site of its annual summer -- extravaganza known as the World's Fair of Money and approved for the first time the addition of a fall event to its stable of shows., beginning with Pittsburg, Pennsylvania on October lIto 17, 2011. Eight members of the ANA Board of Governors voted unanimously to hold the World's Fair of Money at Chicago's Rosemont Convention Center near O'Hare International Airport in 2013, 2014 and 2015. Images courtesy of U.s. Mint Contracts were signed in 2007 to hold the 2012 World's Fair of Money in Philadelphia, PA. The Mint posted on its WEB site, The Board named Denver as the site of the WWW.usmint.govthatthe price ofthe 3-inch 2012 spring ANA National Money Show, scheduled medal is $42 and the price of the 1.5-inch medal is for May to avoid Colorado's unpredictable early $6. "The increases are being implemented due to spring weather. increased in costs," said U.S. Mint spokesman Michael White. Here is a recap of the ANA shows: (The above, inpart, appeared in the April 12, 2010 issue of Coin World in an article by Paul Gilkes, SPRING National Money Show TH Coin World Staff) 2010 FORT worth, TX March 25-27 2011 Sacramento, CA March 17-19 What is your favorite U.S. coin? 2012 Many of you have probably selected the U.S.