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Chicago Coin Club
Volume 46 No. 11 November 2000

Minutes of the 981st Meeting

The 981st meeting of the CCC was called to order by President Carl Wolf on October 11, 2000. There were 20 members present along with four visitors. The visitors were Jean DeLorey, Alan Flint, J.A. Scott, and Andrea Weaver. September minutes, as published in the Chatter, were approved. In the absence of Dick Hamilton there was no Secretary/Treasurer's report. The speaker for the evening was Tom Delorey. His topic was "Recent U.S. Mint Errors".

The exhibitors for the evening were:

Old Business: Motion was made and carried approving the Archivist's public display of past club awards, plaques, and various other memorabilia of interest at member Bill Burd's shop, The Chicago Coin Company, located at 6455 W. Archer Avenue in Chicago.

The 1999 Financial Report as audited by Dennis Feller and Bill Burd and compiled by Secretary Treasurer Richard Hamilton was approved as published in the October edition of the Chatter.

Mark Wieclaw, Chairman of the Nominations Committee, announced the Committee's nominations for 2001-2002 officers and directors as follow:

It was brought to members' attention that the club auction will be held at the November meeting. Members intending to auction items should provide a list to Paul Hybert by fax or email for listing in the Chatter. Members were also reminded to bring their checkbooks or smaller bills for their purchases as it is difficult during the meeting to make change for larger bills.

Joe Tomasko, Past Archivist, turned over current records and inventory of safety deposit box contents along with 2 keys to President Carl Wolf.

Respectfully Submitted,

Bill Bierly, Acting as Secretary Treasurer

Speaker's Wor[l]d
A Workshop for Their Gain?
- Modern Errors, Accidental or Not -

Tom DeLorey has studied coins and minting procedures for many years. After finding error coins in his pocket change, he would write a letter to the Collectors' Clearinghouse column of Coin World. That led to his employment as a writer for Coin World; to be followed by work at ANACS; and he now works for Harlan Berk in Chicago.

The mint did not provide collectors of error coins with much material through the 1980s and early 1990s, but that situation has changed within the last two years. Without a detailed knowledge of current mint procedures, collectors must make educated guesses as to the causes of the increased errors, but two reasons seem obvious:

  1. Larger production runs. With more coins being produced, more error coins will slip out even if the ratio of error pieces to good pieces stays the same. The Sacagawea dollar and the state quarter programs are definitely causing the mint to produce more coins.
  2. Changing a set procedure. Faulty items can be produced from even the best assembly line; make a change to that assembly line to make a different product, and the transition period is likely to generate errors.

Using a combination of pictures from the numismatic press and coins loaned by Fred Weinberg for this prentation, Tom addressed most of the recent errors. First up was the wrong metal error of a Susan B Anthony dollar on a planchet for the Sacagawea dollar. There are currently three of these known, and they are reminiscent of the 1943 copper cents and the 1944 steel cents. The only odd point is the occurrence of an old design on a new type of planchet, but this could be explained by the mint's production of both coin types in late 1999.

Next examined were the Sacagawea dollar design struck on the outer ring of a Canadian $2 dollar piece, and a Sacagawea dollar struck over a seven sided Barbados dollar (which is a normal product of the Canadian Mint in Winnipeg). Hmmm, anything here point to a connection between the Canadian Mint and our Sacagawea dollar? As we now know, the planchets for the Sacagawea dollars were sent to the mint in Winnipeg for treatment; that allowed for some interesting results. Tom distributed examples of the Barbados dollar to everyone in the audience, and then placed the error coin on our projection screen so that we could find details from the Barbados coin on the enlarged image. After these errors became known, checks at the mint turned up a few more strays from the Canadian mint; but they were found before they were made into US coins. Only time will tell whether or not more of the errors were produced and left the mint.

Tom next showed some struck-over errors that were not as unusual: a 2000 Masschusettes quarter struck over a Georgia 1999 quarter, and a 2000 cent struck over a 1999 dime. Those two could be the result of a coin hopper not being completely emptied before being filled with its next load; a coin could be stuck in a seam or under a flap, and then be knocked free some time later.

Then came some examples that cannot be explained away as the product of normal mint activity. A 1999 Lincoln cent obverse on a cent planchet, but with a dime reverse. Although obviously a product of the mint, it is not the accidental result of usual mint activity as we know it. Tom compared this piece to someone who wins the big state lottery three weeks in a row -- worthy of suspicion, and deserving of investigation.

Then it got outrageous. A Maryland quarter on a Sacagawea planchet, made with a dollar collar, was shown as an example. Part of the reason that numismatists have a hard time explaining how some of these errors could be a product of an accident during normal mint operations lies in the mint's long tradition of saying nothing. Tom related his recent experience with obtaining procedural information from the mint: It is generally accepted that instead of counting and bagging the output of each press, the output now goes into steel tubs (about the size of a washing machine) which are sealed before shipping to armored car companies for actual counting and rolling. For an article that Tom was writing, he had asked the mint to confirm that they were no longer counting individual coins but were counting coins by weighing batches of them. Two months after submitting the article for publication, Tom received a call from the mint stating that they were still working on the answer for him. (Tom classified that as an improvement over past mint responsiveness.)

Since mechanical coin counters usually jam on pieces that are oversized for the denomination, the large number of die caps and other odd-shaped pieces turning up could be explained by the coins no longer being counted individually. Or could some mint workers intentionally produce some of these pieces? Not for personal profit, but just to see if they could do it, and maybe from some sense of pride in seeing a piece that they made appear on the front page of a newspaper.

Tom noted that the rate of errors coming to market has fallen by 99% since the arrest in March of a mint worker sneaking an error out of the mint in his trouser's cuff. Sneaking out pieces in such a small scale operation could not explain the numbers enterring the market. A search of the mint turned up 3 tool boxes full of odd-shaped errors that typically gather on the floor until they are swept up and melted. Tom tossed out a possible scenario for moving large numbers of errors out of the mint, comparing it to the diamond smuggling operation from one of the later Marx Brothers movies (it was the movie with a then-new actress by the name of Marilyn Monroe).

Prompted by a question from the audience, Tom discussed the recently discovered 1859 Dual Indian Head cent. There is a history of such pieces from that era; someone was playing around at the mint back then. Remember that Theodore Eckfeldt, a night watchman and son of an earlier mint engraver, is alleged to have produced the Class II 1804 dollars and many other unofficial restrikes at that time. That era also produced inter-denominational die clashes; a Liberty Seated half dollar is known showing clash marks from an Indian Head cent.

Show and Tell

Each image has a scale in the lower-left corner, with the tics spaced 1 mm apart. Because the brightness and contrast were manipulated on a computer, the coloring of a coin's image differs from the coin's actual coloring.

  1. The evening's first exhibitor, Sharon Blocker, showed some coin holders used to to encourage people to save enough coins to start a savings account. The holder from the Port Charlotte Bank (of Port Charlotte, Florida) was in the shape of a pig and was acquired for $5 while in Florida; allowing her to cancel her earlier $8 dollar bid on eBay for the same type of "Pocket Pig". A dime "Kitty" from Elgin Federal Savings was acquired in the Chicago area.

  2. Drew Michyeta showed modern US coins bearing the figure of Liberty:

  3. The bi-metallic theme was continued by Steve Zitowsky who showed a white metal token with a copper plug, dated 1730. One side bears the coat of arms of the city of Cologne, while a challice or wine goblet is pictured on the other. This piece is listed in Newman.

  4. Carl Wolf showed another piece from his collections of Primitive Money and Odd & Curious Money: Hoe Money - Gayum Type - from Nigeria. This iron plate in the shape of a hoe was a common form of currency in Nigeria from ancient times into the nineteenth century. It came in many shapes and always played an important part in the negotiations when a wife was purchased. The shown piece had been identified as a ceremonial hoe used as bride-price by the hill natives in Gayum Village.

    European traders recorded their use as early as 1688 and archeologists have excavated large numbers on sites of ancient cities. Specimens do not hold any special markings because they were used almost like an ingot. Hoes could be quickly converted into spears, knives or ornaments, conversely they could be turned back into money in the form of hoes. This characteristic made most Nigerian metal objects hover on the edge of currency. Sometimes the dividing line between currency and weapons (and currency and body ornaments) became indistinguishable.

  5. Bob Leonard showed items picked up on some of his trips this summer:

  6. An 1804 silver dollar replica from the Gallery Mint Museum was shown by Bill Bierly, who briefly reviewed that mint's purpose as well as some of its previous emissions. Someone related how one of the GMM 1796 half dollars had the word COPY removed; a hole was made, then crudely filled in; the result was antiqued down to a grade of Fine; and it was slabbed! What a waste! The early GMM pieces are quite collectible now, with some showing nice increases from the issuance price.

  7. Don Dool followed an Argentine theme.

  8. Inspired by the featured speaker's talk, Reid Geissler brought in many examples of mint errors.

  9. Mark Wieclaw showed that he has too many numismatic interests to be limited to a single theme.

  10. Concluding the program was Bob Feiler with a Spanish theme.

Our 982nd Meeting

Date:November 8, 2000
Time:7:00 PM
Location:Bank One Plaza Building (formerly the First National Bank Building) 18th Floor, on Dearborn between Madison and Monroe. Enter the building at the South entrance of the Dearborn side, sign in at the security desk and take the elevator to the 18th floor.
Member Auction: Although the deadline for listing lots in the Chatter is past, you can still bring your lots with you to the November meeting. In the past few years, club related material (and Chicago area numismatic items) have realized the best results. Please consider using the club auction to dispose of the numismatic items you no longer need.

You can place a reserve on each lot, and there is no commission charged to either the buyer or seller. Auction lot viewing will be held before the meeting starts, and again briefly before the auction starts.

Please find elsewhere in this issue of the Chatter a listing of all auction lots that were known to us by Friday, October 20.

Important Dates

Nov8 CCC Meeting - Club Auction - no featured speaker
Dec13 CCC Meeting - Annual Banquet Meeting - Featured Speaker and other details to be announced.
Jan10 CCC Meeting - who will be our first Featured Speaker of the 21st Century?

Birthday and Year Joined

December 6 Albert F. Ivan 1999
December 6 Allen H. Meyer 1990
December 6 M. Michael Williams 2000
December 7 Brian C. Stubbs 1980
December 9 Howard Eisenberg 1963
December 10 Mike Gasvoda 1995
December 16 Michael Schmidt 2000
December 19 Bill Grundy 1980
December 26 Kevin J. Blocker 2000
December 29 Nick Weiss 1996
December 31 Philip J. Carrigan 1989

Member Auction

  1. 1978 British Proof Set consisting of 6 regular circulating coins from ½ p to 50p.
  2. State of Illinois 1 ½ Mills Sales Tax Token issued in 1935 - first year of issue. 15 pieces all in brilliant uncirculated condition.
  3. Metal plate used to emboss "1873-1873" on the book 1873-1873 by Harry X Boosel. Included is a copy of the book which is autographed by the author and is hardbound with author's name embossed in gold. Apparently the author's personal copy.
  4. Six different bronze medals from the World War II Medal Series by Presidential Art Medals, Inc. Each medal was designed and engraved by Edward R. Grove a former US Mint employee. Each medal is housed in a hard plastic holder placed in a box with a pamphlet describing the event and person being commemorated.
  5. American Numismatic Association Convention memrobilia: ANA 1929 Convention (held in Chicago) envelope (soiled and torn) containing the Official Program (Very good condition). The envelope is numbered No. 2. Also a ribbon stating "Chicago Coin Club - Reception Committee 1920", and a ribbon that has faded but appears to say "Committee". Also a second Official Program of 1929 soiled and torn and a form letter from CCC to ANA members inviting them to the ANA Convention of 1933 and a blank page with the same letterhead. 7 items total.
  6. Silver medal commemorating the Chicago Fire. The obverse depicts Chicago in flames. Engraved by W. Barber. The reverse states around the outer edge "second anniversary memorial - In commemoration of the great Chicago fire Oct. 8-9, 1871" and in the center "Made at the interstate industrial Exposition of Chicago Oct. 1873, Chicago rebuilt pop. 400,000. In 1823 pop. 50. Dedicated in gratitude to the World". Weighs 29.2 dwt. In excellent condition.
  7. same as above except added metal at top and holed to wear as jewelry.
U.S. error coins and other items:
  1. "Sac" Blank Planchet. MB: $50
  2. Off-Center New Hampshire State Quarter. MB: $100
  3. 100 Different Elongated Cents. MB: $10
  4. Set of 7 Type I and Type II Blank Planchets - Cent thru Quarter. MB: $20
  5. Two Sets of Off Center Errors-Cent thru Quarter. MB: $20 each set
  6. Two Sets of Broadstrike Errors Cent, Nickel, Dime. MB: $30 each set
  7. Broadstrike 1999-P SBA $1. MB: $50
  8. Set of Transportation Tokens. MB: $10
Chicago Coin Club
  1. Set of 80th Anniversary plaquettes in bronze, silver, and gold.
Group of ANA Convention auction catalogs
  1. 1961, Atlanta, World Numismatiques Inc.
  2. 1966, Chicago, A. Kosoff and Numismatic Enterprises
  3. 1969, Philadelphia, Paramount
  4. 1973, Boston, Jess Peters
  5. 1983, San Diego, Kagin's (with prices realized)
  6. 1984, Detroit, Kurt R. Krueger
  7. 1989, Pittsburgh, Bowers & Merena (with prices realized)
  8. 1994, Detroit, Heritage Numismatic Auctions
  9. 1996, Denver, Heritage Numismatic Auctions
Other numismatic material
  1. Chicago Coin Club Bulletin, Annual Number 1952 (includes membership directory)
  2. Chicago Coin Club Bulletin 1969, Xerox copy with rubber stamp (in Xerox) of Trygve A. Rovelstad, Sculptor (history of club medals, etc.)
  3. Chicago Coin Club Bulletin, Bicentennal Issue 1976 (list of members, awards, medals, etc.)
  4. Check for $42.72 signed by Harry F. Flower as treasurer of Men's Club of West Suburban Temple Har Zion, 3-31-1971, drawn on Oak Park National Bank
  5. Booklet (40 p.), Reading Medieval European Coins by Ralph S. Walker, 1979 (1st ed.)
  6. Bond coupon of The Plymouth, Kankakee and Pacific Railroad Company, $35 in Gold, paid Jany. first, 1901 (cancelled)
  7. Medinah Temple, Chicago Shrine medal, Frank C. Roundy, Imperial Potentate A.A.O.N.M.S., Sept. 27, 1907, brass
  8. Palestine 1 mil coin 1927 EF, KM 1, inscriptions in English, Arabic and Hebrew
  1. 1909 U.S.S. Nashville Medal - Bronze in green velvet lined case
  2. 1909 U.S.S. Nashville Medal - Sterling Silver in purple velvet lined case with card no. 1161 from Bower and Merena auction (June 1984) of Virgil Brand Collection
  3. As no. 2, but card no. 1162
  4. 1910 Progress in Aviation Medal - Bronze
  5. 1910 Progress in Aviation Medal - Sterling Silver
  1. 1927 100 Meeting Medal, bronze
  2. As above
  3. 1944 25th Anniversary Medal, Sterling Silver w/portrait of Lincoln
  4. As above
  5. 1952 400th Meeting counterstamped 1944 Mexican peso
  6. As above
  7. 1952 CCC initials (from above medal) counterstruck bronze Central Illinois Numismatic Society medal honoring the Club's first place award for their National Coin Week efforts
  8. As above
  9. 1959 Fall Festival - brass
  10. As above
  11. 1960 500th meeting barrel-shaped medal - bronze
  12. 1960 500th meeting barrel-shaped medal - Sterling silver
  13. 1961 Fall Festival - brass
  14. As above
  15. 1961 - 4 different elongated Lincoln cents rolled by Leonard Stark at 1961 CCC Fall Festival
  16. 1962 Fall Festival - brass
  17. As above
  18. 1969 50th Anniversary Medal - bronze
  19. As above
  20. 1969 50th Anniversary Medal in red Capitol Plastics holder - Sterling silver
  21. As above, but in black Capitol Plastics holder
  22. 1969 uniface reverse of 50th Anniversary Medal struck for award purposes - nickel
  23. 1969 Six Hundredth Meeting, brass
  24. As above
  25. 1981 750th Meeting counterstamped 1981 Kennedy half dollar
  26. As above
  27. 1981 750th Meeting counterstamped 1919 Walking Liberty half dollar
  28. As above
  29. 1987 CICF elongated 1919 Lincoln cent (819th meeting)
  30. As above, but 1919 Mercury dime
  31. 1988 CICF 5-piece set of elongated coins with story card
  32. 1989 CICF Leather Money token good for $2.00 with story card
  33. 1991 CICF Stone Money token good for $5.00 with story card
  34. 1995 CICF Chinese Knife Money (replica) token good for $5.00 with story card
  35. No Date - CCC logo on two wooden nickels
  36. 1920 Chicago ANA Convention badge in Sterling silver and original box
  37. 1956 Chicago ANA Convention badge w/o ribbon - bronze
  38. As above, but badge is enameled and purple ribbon attached
  39. 1956 CCC logo portion of above badge enameled and made into bolo tie clasp
  40. No date - CCC logo acid etch, gold plated and jump ring added
  41. 1965 3-piece medal set for CCC hosted Central States Numismatic Society Convention, all with Lincoln's portrait in copper, aluminum and Sterling silver, in original display box
Other Numismatic items:
  1. 1974 Illinois Numismatic Assn. one troy ounce, .999 fine silver
  2. No Dates - 3 different 1 ¼" bronze medals with pin back ribbons attached
  3. 12 poker chips: one $500 chip for Las Vegas Thunderbird and two have no value but are from the Back Stage Cocktail Lounge; the remaining nine are generic. Two chips are made of a multicolored "10 ½ gram clay" compound and the other ten are made of polystrene
  4. 13 auction catalogs from Numismatic Lanz, Munich, Germany featuring ancient coinage from 1983-1989
  5. 25 auction catalogs from Numismatic Lanz, Munich, Germany, featuring ancient coinage with most having several pages of colored photographs, 1989-2000
  6. 18 auction catalogs from Bank Leu, Zurich, Switzerland, most featuring ancient coinage, 1981-94
  7. 18 auction catalogs from Schweizerische Kreditanstalt and Credit Suisse, Zurich, Switzerland, 1984-92
  8. U.S. 2000 type set 24 kt. gold plated in specially made presentation box. Quarter is the Massachusetts Commemorative; all struck at Philadelphia, except nickel was struck in Denver.

Chatter Matter

All correspondence pertaining to Club matters should be addressed to the Secretary and mailed to:

P.O. Box 2301

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Contacting Your Editor

Paul Hybert
3301 S. Dearborn
Chicago, IL 60616

Club Officers

Carl Wolf- President
Steven Zitowsky- First Vice President
Robert Feiler- Second Vice President
Directors:Paul Hybert
Mike Metras
Jeff Rosinia
Mark Wieclaw
Other positions held are:
Richard Hamilton- Secretary Treasurer
Paul Hybert- Chatter Editor
Phil Carrigan- Archivist