May 2014 THE SAN JOSE COIN CLUB NEWSLETTER TODO DINERO SanJoseCoinClub,POBox5621,SanJose,CA95150 www.sanjosecoinclub.org Editor:RyanJohnson May Speaker Annual Banquet Mark your calendars for the San For our May general meeting we will Jose Coin Clubs annual banquet be educated by long time member, Ed on Sunday, May 18th at the Three Sins who will be speaking on Flames Restaurant. Come and join “Canadian Type Set 1858-1967.” Ed us for a great evening with friends comes with a world of knowledge on and fellow hobbyists. No host coin collecting or numismatics in general. He loves his hobby and likes cocktail starts at 4:30 and dinner to share it with all. Come on out and starts at 5:30. Let’s congratulate learn about Canadian Type sets. Special thanks goes to Vice President, everyone who’s worked hard Gordon Stubbs for conducting our throughout the year, welcome in Are you elections at the last general meeting. our new board of directors, induct Another fiscal year has passed for our our newest member into the hall of interested? club and you, the members have fame, and enjoy a great meal and elected the newest board of directors time with friends! The banquet to represent you as hobbyists and San Jose Coin Club is selling surplus reservation is in this newsletter or members of the San Jose Coin Club. outside A-Frame show signs which we on our web site! Do you have ideas or things you used at our annual coin show. would like changed? Come to a board However, since we have upgraded our meeting or sit down and talk with one signs recently, we no longer have a of our board members, voice your use for them. We are offering the opinion or even join the board to help signs to any club, organization, or implement the change you hope for. commercial organization for $50 each Every single person is welcome to our or best offer. We have 8 signs, 1 of club, our meetings, and our board which is in good working condition 7 meetings no one will be turned away signs need to have some repairs to or told they’re not welcome. Enjoy the replace missing letters. If you are hobby and enjoy your club! interested let us know by sending offers to [email protected] or mail them to PO Box 10416, San Jose, CA, 95157 and our board will Do you have an article you consider all offers made. would like to see published in our newsletter or even on our APRIL DRAWING PRIZES INCLUDE: website? Email the newsletter editor at [email protected] 1. 1941-D Walking Liberty Half Dollar 2. 1938-D Buffalo Nickel, PCGS MS-65 and your article just might be in 3. 1986-S Statue of Liberty the next edition! Commemorative Silver Dollar, Proof 4. 1826 5. 1883 Seated Liberty Dime Membership Dues! San Jose Coin Club meets on the 2nd 6. 1866 Three-Cent Nickel Wed. of each month (May 14 this It’s that time of the year again! 7. 1928-A $1 Silver Certificate month) at American Legion Hall, Post “FunnyBack” Membership dues are due! If you’re 318, 1504 Minnesota Ave., San Jose. 8. 2007-S Fourteen Piece US Proof Set not sure if you need to renew your Doors open at Approx. 6:30 PM, 9. Baliwick of Jersey 1986 One Pound membership contact membership Youth Activities at 7:00 PM and the Sterling Silver Proof Chair Ed Sins at our general meeting. General Meeting at 7:30 PM. 10. 1999 P & D Susan B Anthony two Or you can mail your renewal to our piece US Mint Set Clubs P.O. Box 5621 San Jose, CA SEE YOU THERE 95150. May 2014 TODO DINERO Page 2

April 9th General Meeting At the April 28th Board Meeting the records Cupertino owes for this Highlights: year. Gary Acquistapace stated that President – Bill Meadows Cupertino pays a year in advance and President, Bill Meadows called Treasurer – Sally Johnson that Cupertino owes nothing to San Recording Secretary – Ryan Johnson Jose. Sally stated that according to the meeting to order at 7:30PM Corresponding Secretary – Lyle and welcomed 47 members, Okamoto the San Jose Coin Club books which including 2 youth to the March Board Members: are audited it shows no payment for general meeting. Auctioneer Ken Dean Birge 2009 and 2014. Ryan Johnson reviewed past minutes to show that Barr conducted the Auction Fred Davis Keith Scott the motion to rent Cupertino Coin assisted by Auction Chair Bill Harold Woron Club show equipment was done in Meadows and Youth President Bourse Chair – Ray Johnson 2008. Gary stated the minutes are Evelyn Daniels. Announcements, Webmaster(s) – Sally Johnson & Ryan pointless because Cupertino pays a Bill Meadows announced the Johnson year in advance. Cupertino Coin Club Hall of Fame: Al Lo speaker for next month the Gary Acquistapace agreed to pay San Jose Coin Club banquet Sunday, May 18th, Ray $150 due by March 1st and equipment Johnson announced the Pyramid President, Bill Meadows called the will be returned undamaged. Ryan meeting to order at 7:30 PM and opened Johnson stated we need to have a Coin & Collectibles show is the meeting with 9 seated Board coming up, Sally Johnson clause in the proposal to signify a Members and 2 Hall of Fame members. penalty for damages to any equipment announced that the Santa Clara Corresponding Secretary, Lyle loaned. Ray Johnson reported that Okamoto reported the usual club mail Show is coming up and can use he went to the locker to evaluate the Recording Secretary Ryan Johnson help selling the drawing tickets for clubs electrical and found multiple the dealers, Lyle Okamoto waived reading of the general meeting Treasurer, Sally Johnson reported that damaged four-plex boxes with announced Bill Greens show is she is preparing to close out the books. exposed wired and tape wrapped coming up. Gordon Stubbs Historian, Harold Woron reported around the electrical. Fred Davis conducted the election of officers nothing new. Picnic Chair, Keith Scott made a motion that we hire an and Bill Meadows conducted the had Lyle Okamoto report the picnic is electrician to evaluate all of our medal design competition. Youth going to be August 2nd at Las Palmas electrical cords and have it repaired President, Evelyn Daniels Park. Banquet Chair, Dean Birge and San Jose Coin Club and Cupertino Coin Club will split the cost announced 11 Show and Tell reported that we have twelve people signed up for the picnic. Sally Johnson of the repairs. Motion was defeated. Presenters: stated we agreed last year that we will Keith Scott agreed to take full roll Clyde Tullers’ 15 year membership responsibility of the electrical cords Matthew Downing dinner to this year. Sally also reported and will ensure that the electrical LyleOkamoto – Samtec Poker Chip that she will forward the best ways to cords will be checked before and after Harold Woron – 2014-P Nickel contact the fifteen year life members each show. Dean Birge stated that he Robert Hedgecock – Accra Currency and fifty year life member names to will make the appropriate corrections Annonymous - $1 Love Token Dean Birge. Newsletter Editor, Ryan to the proposal from Cupertino Coin Ken Barr – Civil War Token Johnson reported that he will continue Club and bring them back to the next to run the membership dues, open Brian Daniels – 1885-CC + 22-D board meeting to be reviewed. Harold auction chair, and the banquet form in Peace Woron made a motion to accept the newsletter. Webmaster, Sally Rick Hagen – Printing Errors Cupertino Coin Clubs proposal to rent Johnson reported the website has the Keith Scott – 1863 50 Cent equipment for $150. 9-In Favor-0- banquet form online, has been updated, Howard Wheeler – James I Opposed-2 Abstained. Coronation Medal 1603 and has 28,758 hits which is up 225 hits NEW BUSINESS: Ed Sins – Bryan Money from last month. OLD BUSINESS: Lyle Okamoto made a motion that Cupertino Coin Club will purchase 5 good OLD BUSINESS: Al Lo presented a proposal for the A-Frame signs at $10 each for a total of rental agreement for equipment $50. Ryan Johnson asked Al Lo if None Cupertino Coin Club rents from San Peninsula was interested, Al reported that Jose Coin Club for their annual show at Peninsula is not interested. Ryan stated NEW BUSINESS: Napredak Hall. The question was raised the good signs should be selling for at inquiring about how much electrical least $20. The motion was seconded. 7-in None cable is utilized; Keith Scott reported favor 2-opposed. that approximately two dozen electrical SHOW BUSINESS: Guests – Will receive a cables are utilized at the show. Sally N/A complimentary newsletter Johnson raised the question about when Cupertino Coin Club pays for Meeting adjourned at 8:59PM. Meeting was adjourned at 9:20PM the equipment because according to May 2014 TODO DINERO Page 3

design within a beaded border. BRASHER is SJCC OFFICERS & BOARD found directly below the mountains, in all 1787 Brasher Doubloon capital letters. Around the periphery is the 14 Seated Members By: Dennis Hengeveld motto NOVA EBORACA COLUMBIA President – Bill Meadows EXCELSIOR, which translates as NEW Vice President – Gordon Stubbs The 2014 Florida United Numismatists (FUN) YORK AMERICA EVER HIGHER. As the Treasurer – Sally Johnson convention was highlighted by the sale of coins were struck only a decade after the various prime numismatic rarities, first and American War of Independence the design is Youth President – Open foremost the finest certified example of the obviously very patriotic, which only adds to Recording Sec. – Ryan Johnson 1787 Brasher Doubloon, sold by Heritage the allure of these extremely rare examples of Corr. Sec. – Lyle Okamoto Auctions. One of the most enigmatic and the first United States Gold Coinage. To this Historian – Harold Woron historical of all United States Coinage, the date the exact purpose of the gold coins produced by Brasher is unknown. While in the Librarian – Ed Sins coin offered was one of only seven Brasher Doubloons known to have survived to the past some have considered them to be patterns, Immed. Past Pres. – Anonymous present day and a representative of the only the fact that most show signs of circulation and Curator – colonial United States gold coin struck for that the example in the Mint Cabinet is known Bourse Chair – Ray Johnson circulation, with regular gold coinage by the to have been pulled from circulation in the not produced until 1795, 1830's seem to indicate that Brasher did intend BOARD MEMBERS almost a decade later. The coin has been these coins to circulate. The example sold at DeanBirge FredDavis certified by NGC as MS-63, and is the only the FUN auction has Brasher's hallmark Keith Scott Herb Davidson uncirculated piece certified by either PCGS or punched on the eagle's right (viewer's left) NGC. With such specifications, the auction wing, as do five other known examples. A price of $4,582,500.00 (including buyer's single other Brasher Doubloon has the Hall of Fame Members are Board Members premium) was certainly warranted. A full and hallmark punched on the eagle's left, but it is Emeritus with full voting privileges. excellent history of the coin and its maker, unknown if this was done on purpose and if so The Board of Directors Meeting th Ephraim Brasher, can be found in the auction for what reason. The coin that sold at the FUN convenes on the 4 Monday of each catalog of Heritage Auctions. Brasher was a auction can be considered to be one of the month at 7:30 PM. New York native and silversmith who worked most important rarities in American This Month, May 19th (3rd Monday) in Manhattan and lived close by on Cherry Numismatics. The pedigree of the coin goes Street in New York City, with George back to the 1830's and it has been considered DENNY’S Washington and as his neighbor in the 1780's. to be the discovery specimen. It last sold in Brasher and Washington were well acquainted, 1979 to Walter Perschke, who consigned the 2077 North First Street, and to this day silverware hallmarked "EB" coin to the Heritage Auction. When last sold it can be found in the collection of the White realized $430,000, certainly an amount that San Jose, CA House, including the original receipts. This seems to be a bargain after the most recent (408) 436-8481 hallmark, the capital letters "EB" in an oval auction, and a numismatic investment that has can also be found on various world gold coins proven to have done very well. Of course we 7:00 PM Dinner of this period. It appears that Brasher was a don't know if the coin will again be off the 7:30 PM Meeting proficient assayer as well and that counter market for such a long period this time around; stamped coins that he had tested circulated at but no matter when and where it will reappear full value. Besides assaying and regulating (as on the numismatic market one thing is certain: the practice is called) foreign gold coins when it's reappears it will once more be touted UPCOMING EVENTS Brasher also produced a very limited number as one of the most historical coins ever struck of gold coins from scratch, initially copying in the United States. the design of the well accepted 8 Escudos May 4- Vallejo Numismatic Society’s struck in Lima, Peru, which he stamped with 42nd Annual Coin Show his own hallmark. The design of this piece is virtually identical to the original pieces May 14- SJCC General Meeting produced by the Spanish Colonial Empire. In May 18- SJCC Annual Banquet 1787 a completely unique gold coin was Three Flames Restaurant produced, which was meant to circulate for May 26- SJCC Board Meeting approximately $15, and employed a design which was totally unique. The coin sold at the May 30- Jun 1- Pyramid Coin & Heritage Auction was the finest example of Collectibles Show this issue. The obverse (or reverse depending June 1- Sacramento Coin Show on who you ask) is rather similar to the reverse of the 1788 Massachusetts Cents, and was June 5-7- Long Beach Coin, Stamp & adapted from the Great Seal of the United Sports Collectible Expo States. Near the rim is the motto E PLURIBUS HAVE YOU MOVED? June 11 – SJCC General Meeting UNUM. Many elements that are still seen on  United States coinage to this day are seen, Send changes to: Membership Chair, June 19 – SJCC Board Meeting including thirteen stars, an olive branch, and of Ed Sins, San Jose Coin Club, course the aforementioned Eagle. The date is PO Box 5621, San Jose, CA 95150. found directly below the eagle at 6 o'clock. The reverse shows a sun rising from behind a number of mountain peaks as the central May 2014 TODO DINERO Page 4

Long Beach Coin, Stamp & Sports Pyramid Collectible Expo Coin & Collectibles June 5-7, 2014 Show Long Beach Convention May 30-Jun 1, 2014 Center Doubletree Hotel 100 S. Pine Ave Get Ready for Long Beach, CA San Jose Coin Club’s 2050 Gateway Place 47th Annual San Jose, CA Parking: $10 Per Day Coin & Collectibles Parking: Show $4.00 Admission: $8 - Adults Admission: $4 – Children 8-16 January 23-25, 2015 $4.00 Kids 17 and under Free! Northern California’s Finest SHOW HOURS: Numismatic Event SHOW HOURS: - Currency Friday: 10:00AM – 6:00 PM Thursday: 10:00AM - 7:00PM - Tokens Saturday: 10:00AM – 6:00PM Friday: 10:00AM - 7:00PM - Jewelry Sunday: 10:00AM – 4:00PM Saturday: 9:00AM - 4:00PM - Supplies Bring your coins to sell Free Appraisals Stanislaus County Coin Admission: $4.00 Sacramento Coin Club’s $2 off w/any show advertising Modesto Coin & 18 & under free Show Parking $4.00 Collectibles Expo June 1, 2014 SHOW HOURS: June 21-22, 2014 Location: Friday/Saturday: 10:00AM - 6:00PM Sunday: 10:00AM - 6:00PM Clarion Inn Location: 1401 Arden Way Modesto Centre Plaza Kids Activities – Sat. 11-3PM Sacramento, CA 1000 L Street Education Forum Saturday Modesto, CA Family Day Sunday- Parking: Parking: Free Admission Free!!! Free!!! Admission: Admission: LOCATION: Adults $3.00 Free!!! SHOW HOURS: Bayshore Ballroom Saturday: 10:00AM – 5:00PM Doubletree Hotel SHOW HOURS: Sunday: 10:00AM - 4:00PM Sunday: 10:00AM - 6:00PM 2050 Gateway Place Help promote numismatics San Jose, CA 95110 Get a friend, neighbor or children in your community involved! Come Join The Fun! San Jose Coin Club’s 2014 Annual Banquet

Sunday, May 18, 2014 No –Host Cocktails from 4.30 PM -5.30 PM Dinner at 5.30 PM Prizes and Games

Three Flames Restaurant 1547 Meridian Avenue, San Jose (408)269-3133

Please select your dinner choice and return this form to the address below, along with your payment, by May 10.

1) Prime Rib with Au Jus 2) Stuffed Chicken Breast with rice & mushroom filling, topped with demi-glaze 3) Petite Filet Mignon & Bacon-wrapped Prawns 4) Chicken Tortellini Alfredo in a creamy Parmesan sauce 5) Grilled Salmon with Dill sauce All entrees served with salad, potatoes and coffee/tea. ------

SAN JOSE COIN CLUB 2014 ANNUAL BANQUET

Return this portion of form with your check to: Dean Birge, 935 Scott Ct, Campbell CA 95008. Please make check payable to “San Jose Coin Club”

Prime Rib $27.50 ____ Stuffed Chicken Breast $24.00 _____ Tortellini Alfredo $20.50 _____ Filet Mignon & Prawns $33.50 _____ Salmon $24.50 _____

Total dinners ordered _____

Members Name ______Telephone Number ______Guest Name ______Guest Name ______

TOTAL ENCLOSED $ ______

Questions about Banquet: Call Dean Birge at 408-806-8825