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North York Coin Club Founded 1960 MONTHLY MEETINGS 4TH Tuesday 7:30 P.M

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North York Coin Club Founded 1960 MONTHLY MEETINGS 4TH Tuesday 7:30 P.M North York Coin Club Founded 1960 MONTHLY MEETINGS 4TH Tuesday 7:30 P.M. AT Edithvale Community Centre, 7 Edithvale Drive, North York MAIL ADDRESS: NORTH YORK COIN CLUB, P.O.BOX 10005 R.P.O. Yonge & Finch, 5576 Yonge Street, Toronto, Ontario, M2N 0B6 Web site: www.northyorkcoinclub.ca Contact the Club : Executive Committee E-mail: [email protected] President ........................................Nick Cowan Director ..........................................David Quinlan Receptionist ................................Franco Farronato Phone: 647-222-9995 1st Vice President ..........................Bill O’Brien Director ..........................................Roger Fox Draw Prizes..................................Bill O’Brien 2nd Vice President..........................Shawn Hamilton Director ..........................................Vince Chiappino Social Convenor ..........................Bill O’Brien Member : Secretary ........................................Henry Nienhuis Junior Director ................................ Librarian ......................................Robert Wilson Program Planning ........................ Canadian Numismatic Assocation Treasurer ........................................ Auctioneer ......................................Bob Porter Past President ................................Robert Wilson Auction Manager ............................Mark Argentino Ontario Numismatic Association Editor ..............................................Paul Petch THE BULLETIN FOR MAY 2009 NORTH YORK COIN CLUB NEXT MEETING TH 50 ANNIVERSARY PLANNING IS UNDERWAY TUESDAY, MAY 26 Next year, 2010, is a special year for the North York Coin Club. We start gathering at 7:00 p.m. with 2010 marks the 50th anniversary of the Club; its first meeting being held on February meeting start scheduled for 7:30 p.m. 23, 1960 at the North York Memorial Hall. Marvin Kay will be our speaker at the A small committee consisting of President Nick Cowan, John Regitko serving as next meeting. Marvin was fortunate Chairman of the Anniversary Committee and member Paul Petch met to mull over appro- enough to be able to cruise to a variety of ports in South America during a winter priate initiatives and activities to celebrate the occasion. Some of the ideas will need more vacation earlier this year. As is Marvin's consideration, but they did agree on some broad concepts: style, he kept his numismatic eye peeled - the entire year of 2010 will be designated as our anniversary celebration for interesting items during the trip, and - there will be special refreshments at the February, 2010 anniversary meeting, but because he will be sharing stories and showing of the uncertainty of weather at this time of year, it will be a normal meeting night at our souvenirs from his various destinations at the next meeting. regular meeting location - the main celebration event will be a banquet, held at a restaurant, probably buffet-style, We appreciate all donations to our with a guest speaker supply of draw prize material. - designs will be developed for a medal, souvenir scrip and for woods . and our tradi- Remember to bring some items tional logo, being the allegorical figure of Justice from the Lesslie & Sons two pence, for the auction! will continue to be featured A featured auction item this month: - every effort will be made to involve our life members Marvin Kay has informed us that a If you have any thoughts or ideas regarding our anniversary year, phone the club or 100-specimen wooden coin cabinet (8” send e-mail to the North York Coin Club to contact the President or e-mail Anniversary high x 21” wide x 16” deep) with four Chairman John Regitko at [email protected] or Paul Petch at [email protected]. drawers, each drawer accommodating 25 pieces, will be offered at auction at the next meeting. A very modest reserve of Perhaps you are not familiar with the historic token that inspired the North York Coin $100. has been placed on this unique and Club’s logo... desirable lot. Any members interested in This is a two penny token (there is also a halfpenny token) issued by the firm of Lesslie such a coin storage cabinet are urged to & Sons, which was a drug store and book seller from about 1820, with branches in Dundas attend the May meeting. (Hamilton) and York (Toronto). It is thought that a petition was circulating in 1822 to offi- cially rename the town from York to Toronto and it can be seen that the firm supported the name change by the use of Toronto on the token. Toronto became the name of the city in 1834. The dies were cut by Thomas Ingram and the tokens were struck by Boulton & Watt in Birmingham, England. PAGE 2— MAY 2009 — NORTH YORK COIN CLUB BULLETIN MEETING NEWS OF THE APRIL 2009 MEETING The 546th meeting of the North York Coin Wickemier, he also asked the secretary to The piece consisted of an approximately Club was held on April 28, 2009 in room 123 record the proceeds so that it might be includ- 8” square piece of cast bronze which was of the Edithvale Community Centre, 7 ed in the thank you. Those 9 lots received bids then struck on each corner. It is certainly Edithvale Drive, North York, Ontario. totalling $13.25; the donation is greatly appre- not pocket change, but was based on cop- The meeting was hammered to order at ciated!. per’s bullion value. 7:32 p.m. with our President, Nick Cowan, in Len Kuenzig had a question for the mem- ¾ Marvin Kay mentioned that he researched the chair. There were 26 members and 1 guest bers present regarding a token (in plastic) the meaning of the term in popular diction- in attendance. issued by the AVAhe recently acquired. With aries, Merriam Webster defines it as- 1 a: circulation as a medium of Member David Lemmond’s name was the help of the members present the token was exchange b: general use, acceptance, or drawn for the on-time-attendance draw. identified as being issued by the American prevalence <a story gaining currency> Unfortunately, David was not present at the Vecturist Association. A Vecturist collects c: the quality or state of being current : meeting; the pot will increase to $8 for the transportation tokens. On a side note, during currentness May meeting. a convention held in Toronto they had special passes produced in conjunction with the 2 a: something (as coins, treasury notes, The Secretary asked if there were any Toronto Transit Commission, commemorat- and banknotes) that is in circulation as a changes required to the minutes of the March ing their convention. medium of exchange b: paper money in 24th, 2009 meeting published in the newslet- circulation c: a common article for bar- The next order of business was to ter; no changes were required and the minutes tering d: a medium of verbal or intellec- acknowledge a new guest. This was Ian were signed-off by the president. Member Raj tual expression Flynn’s first coin club meeting. Ian is an Makhijani mentioned that he did not receive ¾ Mark Argentino, re-enforced Marvin’s undergrad at UofT who collects Canadian his newsletter by email; the secretary took the finding by reading aloud a similar defini- Decimal coins from circulation. Welcome Ian, action item to follow-up with Paul Petch on the tion he obtained on-line during the meet- we hope to see you become a regular at our possible cause. Those members present rely- ing. Aren’t iPhones and Blackberrys meetings! ing on snail mail to receive their copy of the “wonderful”! newsletter confirmed finding it in their mail- Henry Nienhuis provided a brief report ¾ Raj understood that, by definition, cur- box prior to the meeting. Thanks go to Paul on the O.N.A. Convention that had been held rency needed to be “current” i.e. it need- Petch and Ben Boelens for doing this. the previous weekend. (A summary is pre- ed to be negotiable as legal tender. This Nick Cowan deferred the financial report sented elsewhere in this issue of The Bulletin.) began a discussion on what is legal tender. because of technical difficulties arising in Nick brought up the subject of a club And whether or not certain notes have obtaining the account balance. owned LCD projector. Anumber of members been de-monetized. Member Dick Dunn A reminder of the 2009 membership dues spoke in favour of the club purchasing a pro- felt that items like the $1,000 note, the US was once again made in the newsletter and in jector. After a detailed discussion on the desir- Silver certificates, etc. were still legal ten- person by our president. able characteristics- 1024x768 native resolu- der and would be honoured if someone tion, approximately 2000 lumens intensity, wanted to use them in a face value trans- Nick also reminded those present to sign- long bulb life, low bulb replacement cost, action. The Confederate Notes were given in using the form at the head table. If the con- Nick called for a vote on the purchase of a unit. as an example of de-monetized currency struction at the Edithvale community centre A majority of the members present voted in with no intrinsic value. does affect the club meeting, we will be favour with none voting against. ACTION ¾ Nick made the observation that the term required to show the regular attendance in ITEM: It was decided to ask Paul Petch for his used on Canadian paper money changed order to get a temporary room at the North input on which projector to purchase. from “WILL PAY TO THE BEARER York Civic Centre. This month’s meeting theme was- ON DEMAND” to “THIS NOTE IS On a more sombre note, a memoriam pub- LEGAL TENDER” after the 1967 issues. lished in the Toronto Star on April 14th 2009 A few of our members are ready to tackle He wondered what the significance of this was brought to our attention by member the question, “What is Currency,” and present change was. Heated discussion ensued on Norman G. Gordon. Basil Edward Latham their views of items to be included in an appro- exactly what would be used to “PAYTHE passed away on that day in 2000 at the age of priate definition.
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