Chatter


Archive available at http://www.ChicagoCoinClub.org/
Volume 58 No. 11 November 2012


Minutes of the 1126th Meeting

The 1126th meeting of the Chicago Coin Club was held October 10, 2012 in the Chicago Bar Association Building, 321 S. Plymouth Court, Downtown Chicago. President Jeffrey Rosinia called the meeting to order at 6:45 PM with an attendance of 31 members and 3 guests: Jonathan Whitfield, Michael Corey, and Ann Anaszewicz. The membership greeted Jeff’s return with a round of applause and Jeff thanked everyone for their calls and emails after surgery and reported recovery is going well.

A motion was passed to accept the September Minutes as published in the Chatter. Treasurer Steve Zitowsky gave a detailed report showing September revenue of $125.00, expenses of $100.00 and total assets of $20,275.79 held in Life Membership $1,670.00 and member equity $18,605.79.

Illinois Numismatic Association President Steve Harrison and Vice President Andy Reiber spoke at the success of their recent convention, thanked the Club for sponsoring seven sessions of the “ABCs of Collecting” for beginning collectors and assisted in the presentation of ANA Educational Certificates to Dale Lukanich, Marc Stackler, Steve Zitowsky and Eugene Freeman. Participants not in attendance included Tim Kyzivat, Brian Jaskierski, and John Riley who will receive their certificates by mail.

Bill Burd gave a partial list of material coming up on the November 14th auction, including ANA convention programs with Numismatic Theatre speaker autographs over their program overviews. He also showed a 1910 Chicago Numismatic Society Aviation Medal consignment by a German collector. Members were encouraged to email their consignments to Bill (chicagocoin@att.net) by October 24 to be included in the Chatter.

Announcement of future programs included Fred Holabird, Reno, NV “The Casa Grande Improvement Co. & the Arizona Land Fraud,” on November 10, and Bob Wallace “A Coin-Collecting American Boy in Rome” at the December 12 Annual Banquet. Banquet Co-Chairs reported the banquet cost is $40 per person, not $45 as previously reported, with reservations required. Banquet location is Marcello’s Restaurant, 645 W. North Avenue. Cocktails & hors d’oeuvres begin at 6 pm, and dinner at 7 pm.

A copy of the contents inside the Club’s safe deposit box was distributed. President Rosinia announced the Board reviewed the Club Constitution, recommended some changes, and posted a copy on the Club’s website. Everyone present received a copy with the changes. The November Chatter will include a copy and the membership is encouraged to read it as they will be asked to vote on this at the November 14th meeting.

Mark Wieclaw, Host Chairman of Chicago’s 2013 ANA Convention, spoke briefly on the planning, the need for volunteers, and the upcoming committee meeting October 24th 6:00 pm at the offices of Harlan J. Berk, 77 W. Washington, Suite 1320, Downtown Chicago. Harlan provides dinner from Reza’s Restaurant, and anyone planning to attend was asked to contact Mark (hc2013ana@chicagocoinclub.org) with their plans to attend.

V.P. Krieter introduced featured speaker Gerard Anaszewicz who spoke on Russian Wire Money. Member Alex Basok spoke briefly and shared several new interpretations on the evolution of Russian coinage. Following a question and answer period, Elliott presented Gerry with an ANA Educational Certificate and an engraved Club medal.

Second V.P. Rich Lipman announced the evening’s 19 exhibitors: PHIL CARRIGAN book Prison Tokens & Medals of the U.S. by Jeff Zara, and 16 examples of prison money; DAVID GUMM a New Zealand half penny made into a button; EUGENE FREEMAN book Russian Wire Coins, 1533-1645 by Dzmetry Huletski, 1974 Guam dollar, 1922 weak D cent, 1943P nickel with split planchet, and a 1938 Branch Davidian 50-cent token; JAMES DAVIS a 20-cent token from Elgin’s C.F. Hall Cash Department Store, and re-rolled Elgin Coin Club elongated cent; ELLIOT KRIETER two 1996W dimes with different professional grades; ANDREW REIBER 1875-S dime struck 35% off-center; HAROLD ECKARDT 1893 quarter and half-dollar, and two elongated cents from the Columbian Exposition; RICHARD LIPMAN two Philippine banknotes, $500 note valid in the Business Department of a Quincy, IL business college, and $20 note with a “gutter fold;” ROBERT LEONARD tari of Sicily (1112-1130 AD) with a 1/5 cut similar coin, three coins with inscriptions continuing on the reverse side; MARC STACKLER material from the recent Mexican Numismatic Society Convention, including auction catalogs, program, and iPhone photos of opening ceremony & bourse; ROBERT FEILER 12 miniature books including American Coins by Mark Huff; BOB WALLACE ancient Greek stater and hemidrach from Sikyon; ROBERT WEINSTEIN 1930 bronze medal “Dionysus, God of Wine” issued by Society of Medalists; ANDY PLIOPLYS 24 pieces of Russian Wire Money; STEVE HARRISON - a Chinese copy of a Morgan 1895-S dollar; DALE LUKANICH four pieces of H. Norton & Co. obsolete currency, Lockport, IL; MARK WIECLAW 2.1 oz 10 ct. gold 1950 Rosenberg Medal of University of Chicago, a Tarsus stater (378-383 BC), and 3 heads-and-tails tokens; GERRY ANASZEWICZ four coins from the country of Georgia; PAUL HYBERT 2012 ANA Convention souvenirs and a 1910 Chicago Numismatic Society membership medal with sample struck on the edge.

The meeting was adjourned at 9:38 pm with the next meeting scheduled at 1:00 PM, Saturday, November 10, 2012 at the National Coin & Currency Convention (Nov 9-11), Crowne Plaza O’Hare Hotel, 5440 N. River Road, Rosemont, IL. This meeting will be recessed and re-adjourn Wednesday, November 14, 6:45 pm, in the Chicago Bar Association Building, 321 S. Plymouth Court, Downtown Chicago.

Respectfully Submitted,
Carl Wolf, Secretary


Speaker’s Wor[l]d
Russian Wire Money, circ. 1380-1533 AD

a presentation by Gerard Anaszewicz,
to our October 10, 2012 meeting

Medieval Russian coins appear crude, and that is not due to just their being struck from lengths of wire. With many people striking coins for each local ruler, the skill level varied greatly and, let’s face it, quality control was minimal in what passed for mass production in the medieval world. Most of the coinage was in silver, some was in copper, and none was in gold. The silver denominations were the denga and the poludenga (half denga) which also was called a chetvertza; weights varied by the city-state, so a denga can be between 0.4 and 1.5 grams. The typical dengas usually have a diameter of 12-18 mm. The copper coin was a pulo, but only a few of these scarce pieces were shown in this presentation.

The four Great Princes of the era ruled from Moscow, Suzdal-Nizhny Novogorod, Ryazan, and Tver; their domains contained minor city-states or principalities, each ruled by its own prince. Coins were struck by the grand and local princes, using the available moneyers or jewelers. Gerard started showing us the dengas struck by Moscow and some of its principalities. A denga of Dmitri Donskoi, from the 1380s, is considered the first modern Russian coin; it is rare and has a psuedo-arabic reverse. Coins from later princes followed, with some recurring motifs. A mounted horseman obverse with a psuedo-arabic reverse appeared often; local legends appeared on reverses, too; diverse animal types are known on the obverse, among them are a rooster, griffin, and dragon; various bird designs appeared on coins from one location; one piece showed the cutting off of a man’s head; and there was one piece with a horseman on both obverse and reverse. Although the production quality generally improved over time, a civil war or local difficulty could result in cruder coins. Slowly, the sub-states became part of Moscow.

The coins from Tver were covered next. Rarer yet better struck than Moscow’s coins, a number of the motifs are the same. A coin issued under Boris Alexandrovich, 1425-1461, was the first coin with a double-headed eagle. Next was Suzdal-Nizhni Novogorod, which was the closest of the four regions to the golden hoard, and its coins were the crudest of the four regions. These coins are best viewed in person — from 10% to 70% of the design usually appears on a coin.

The coinage of the three regions discussed so far had started at about the same time (late 1300s). The coinage of Ryazan started a little later, and these can be considered bizarre. The first we saw are Mongol coins with a single letter applied as an overstrike; later coins have the letter struck on a fake Mongol coin. Some of the later coins are uniface.

Pieces from the free cities of Novgorod and Pskov were shown, as well as some dug-up and corroded copper coins from Tver. Now a book lists all the known types (in the hundreds); but again, it is better to view these in person. The dengas of Ivan III as the Great Prince of All the Russians, 1462-1505, used variations of the obverse horseman design along with psuedo-arabic and other legend reverses. The similar design continued under Vasili Ivanovich, 1505-1533, but we did see one coin with a flower obverse. As a result of the monetary reform of 1533, the horseman design remained static from 1534 to 1718; the various mint marks and minor differences of this period attract a number of specialist collectors.

The program concluded with a bibliography that started with The Russian Monetary System by I.G. Spassky and mentioned the classic Russkie Moneti to 1547 (Russian Coins to 1547) by A.V. Oreshnikov which is somewhat outdated due to discoveries after it was published. P.G. Gaidukov has written books on the Copper Coins as well as on the Poludengas, Chetvertzas, and Polushkas; articles by E.V. Volkov, V.V.Zaitsev, and B.L. Leybov cover new discoveries.


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Show and Tell

Items shown at our October 10, 2012 meeting.

  1. After showing us the book Prison Tokens and Medals of the United States by Jerry Zara, Phil Carrigan showed us examples of what he calls “hard to spend money:”
  2. David Gumm showed a 1942 New Zealand half penny that had been pushed up into a dome. Maybe the intention was to make it into a button. It was noted that lightly circulated Australian and New Zealand coins from the World War II-era are found reworked into various souvenir items.
  3. Eugene Freeman showed a range of items:
  4. James Davis showed items from Elgin, Illinois:
  5. Elliott Krieter showed two slabbed 1996-W dimes which have some marks. Although the pieces are similar looking, the grades on the slabs differ by three points. The notable difference between the coins is on the reverse: the presence of full bands on the fasces on the coin graded MS-67, while the coin graded MS-64 shows partial bands.
  6. Andrew Reiber showed an error coin — an 1875-S dime struck about 35% off center. This AU piece has the mint mark in the wreath on the reverse, so the mint is known; the mint mark location for some of the 1875-S dimes, below the wreath, is off of the planchet.
  7. Harold Eckardt showed some numismatic firsts:
  8. Rich Lippman showed a range of paper money:
  9. Robert Leonard showed gold and various coin-legend arrangements:
  10. In September, Marc Stackler visited Mexico City to attend the 60th anniversary meeting of the Mexican Numismatic Society. He showed various items to illustrate some of the activities:
  11. Inspired by the mention of miniature books in a recent E-Sylum, Robert Feiler showed a 1996 miniature book, American Coins, by Mark Huff that measures, in inches, 1.75 wide, by 2.25 high, by 0.5 thick. Of ten miniature books that he showed us, this was the only numismatic one.
  12. Bob Wallace showed two silver coins of the ancient Greek city of Sikyon (near Corinth), a stater (later 420s BC) and a hemidrachm (320s BC), both with chimaira obverse, flying dove reverse. From 500 down to the 420s, Sikyon struck only small silver coins (drachmas, hemiobols). But from the later 420s down to ca. 400 it struck millions of staters, after which the mint may have closed. By contrast, the mint at Corinth, prolific down to 450, tapered off until 400. Why? The traditional explanation is that Sikyon struck coins to pay for the Peloponnesian War (431-404). However, these dates don't correlate very well (in particular, war ceased between 421 and 413), and Sikyon was never a military power. Bob’s alternative explanation is that Sikyon steadily took over Corinth’s mercantile activity in western Greece and southern Italy, especially when Corinth was weakened by the war. Heavy minting resumed at Sikyon in the 320s, with staters and hemidrachms, probably reflecting the massive amount of silver Alexander the Great’s soldiers were bringing back to Greece.
  13. Robert Weinstein reported on some of his experiences at the ANA convention in Philadelphia this past August. At one gathering, a conversation with a new face turned to home towns; imagine their surprise at both being from suburbs of Chicago, and imagine their further surprise was Dennis Ciechna mentioned he was a long-time member of our club! At his banquet table, a different new face turned out to have been a designer of the guidance computer on the Apollo spacecraft! After a presentation by David Alexander on the Society of Medallists, he saw one of their medals, a Hail to Dionysus, on the bourse at Tom Hayden’s table; he showed us the large, beautiful medal.
  14. To complement the featured presentation, Andy Plioplys showed a 24-piece collection of Russian wire money from after 1533. These pieces have a horseman obverse and legend reverse.
  15. Steve Harrison showed us an 1895-S Morgan dollar graded AU58 in a PCGS slab. It was in a 2008 auction by Heritage where it went for $2,800. Oh, wait. Although the original had been in the auction, what Steve showed us was a fake coin inside a fake holder with the appropriate markings. Dangerous stuff!
  16. After showing us an old drawing of the Norton Milling Building in Lockport, Illinois, Dale Lukanich showed us examples of obsolete currency from H. Norton & Company, in denominations of six and a quarter cents, 5¢, 10¢, and 25¢. The last three were lithographed in Chicago, and show the date August 1, 1862.
  17. Mark Wieclaw showed a range of items:
  18. Gerry Anaszewicz showed a range of Georgian coins:
  19. Paul Hybert showed some items acquired at the ANA convention in Philadelphia:

Minutes of the 2013 Chicago ANA Convention Committee

October 24, 2012

The fourth meeting of the 2013 Chicago ANA Convention Committee was called to order by Host Chairman Mark Wieclaw on Wednesday October 24, 2013 at 6:00 PM in the offices of Harlan J. Berk, 77 W. Washington, Suite 1320, Downtown Chicago.

The following members were present: William Burd, Richard Lipman, Harlan Berk, Eugene Freeman, Dale Lukanich and Carl Wolf. Everyone thanked Harlan Berk for providing dinner from Reza’s Restaurant.

Committee Reports:

  1. Carl Wolf, Volunteer Committee Chairman
  2. Dale Lukanich, Money Talks Chairman
  3. Eugene Freeman, Scout Committee Chairman
  4. Richard Lipman, Page Chairman
  5. Marc Ricard, Exhibit Chairman
  6. Mark Wieclaw
  7. Miscellaneous:

Mark announced he will call the next meeting on Wednesday, November 28th or Wednesday, December 5th at 6:00 PM in the offices of Harlan J. Berk, 77 W. Washington, Suite 1320, Downtown Chicago. Mark does not plan to ask for a meeting during the last two weeks in December.

The meeting was adjourned at 7:03 PM.

Respectfully Submitted,
Carl Wolf, Secretary
Chicago Coin Club


Annual Member Auction

Here are the lots known to us by October 30, 2012. The auction will be held near the start of the meeting, after a short time for lot examination; consignments are accepted until the auction starts.

Anonymous Donation

  1. Central States Numismatic Society 23rd Annual Convention at Chicago in 1965 — Token for “One Fare - Bus Tour” and Token for “My Fair Lady Banquet Souvenir”.
  2. Chicago Coin Club 500th Meeting Medal in bronze, 1960.
  3. Book by Harry X Boosel — 1873-1873, Deluxe black cloth covers, signed by the author, copy number 476 of 500.
  4. ANA Badge and ribbon for the 75th Anniversary Convention held in Chicago in 1966.
  5. 1966 Diamond Jubilee ANA bronze medal authorized by Congress and struck by the US Mint.

Donation from Donn Pearlmann

  1. De Mey, J. — European Crown Size Coins and Their Multiples Vol. 1 Germany 1486-1599, 1975, Amsterdam
  2. Bachtell, Lee M. — World Dollars 14771800 Pictorial Guide, 1980, Brunswick, Ga.
  3. Auction of The Garrett Collection Part II and III by Numismatic Fine Arts, Inc. Oct 16-18, 1984 and March 29, 1985 with prices realized tipped in.
  4. Jones, Mark — The Art of The Medal, 1979, British Museum
  5. Doty, Richard G. — The Macmillan Encyclopedic Dictionary of Numismatics, 1982
  6. Berry, George — Taverns and Tokens of Pepys’ London, 1978, London
  7. Nathanson, Alan J. — Thomas Simon his life and work 1618-1665, 1975, London

Donation from Elliott Kreiter

  1. A Guide Book of United States Coins (Red Book) hard cover, 2 1981, 1 1985 and 1 1986.

Consignment from Robert Leonard, Jr.

  1. Mystery lot of all-different uncirculated US coins — 1970-2005 — face value $1.86.
  2. Comprehensive Catalog of US Paper Money by Gene Hessler, 6th Edition 1997.
  3. Portrait Medal of Arlie Slabaugh, President of TAMS 1978-1980. Slabaugh was a CCC member and recipient of Medal of Merit in 1966.
  4. 89 Wooden Nickels — a nice mix with a few duplicates.

Consignment from Eckhard Maurer

  1. Progress in Aviation medal in bronze, issued by the Chicago Numismatic Society in 1910. It was designed by Carl Schreiber and struck by Whitehead Hoag and Co. The mintage was limited to 200 pieces.

Club Material

  1. Four examples of the Chicago Coin Club Medal used for many years as Cabeen Awards. The Lincoln medal is now used for the Cabeen awards so these four remaining medals have been engraved “Sample” on the reverse and placed in this auction. There are 2 “Gold”, 1 “Silver” and 1 “Bronze”.

Consignment from Carl Wolf

  1. 1984 ANA Detroit Convention Exhibit Medal, Medallic Art, Bronze, blank on reverse.
  2. 1984 ANA Detroit Convention Badge, ribbons, wooden nickels, lapel pins and convention program. Worth a hefty bid just to see young Carl Wolf with hair on page 6 of the program.
  3. 1986 ANA Milwaukee Convention Exhibit Medal, Medallic Art, Bronze, blank on reverse.
  4. 1986 Milwaukee Convention Badge and ribbon. Ribbon autographed by Chester Krause and R.S. Yeoman. Both gentlemen are depicted on the official convention badge along with Henry O. Granberg (deceased). Unique.
  5. Official Program of the 1986 ANA Milwaukee Convention. Pages 46 thru 50 contain a list of Numismatic Theatre programs with each autographed by the speaker. Include luminaries Walter Breen, Arthur Fitts, Neil Shafer, Gene Hessler, Ed Rochette,Douglas Ball, George Cuhaj and more. Unique.
  6. 1987 ANA Atlanta Convention Badge and ribbon along with 12 convention related elongates.
  7. Official Program of the 1987 Atlanta Convention. Page 56 thru 62 contain a list of Numismatic Theatre programs with each autographed by the speaker. Includes luminaries George Fuld, Anthony Swiatek, Don Kagin, Joseph Boling, David Alexander, Adna Wilde Jr., Clyde Hubbard, Bill Fivaz and more. Unique.
  8. 1988 ANA Cincinnati Convention Badge with ribbons, another badge, 3 misc. tokens, 9 convention related elongates.
  9. 1988 ANA official Cincinnati Convention 2 piece Medal set. Silver medal weighs .8 ozt. Serial # 229 of 230.
  10. Official Program of the 1988 Cincinnati Convention. Pages 60 thru 65 contain a list of Numismatic theatre programs with each autographed by the speaker. Includes luminaries J. H. Cline, William Rosenblum, Al Doyle, David Schenkman, Thomas DeLorey, John J. Ford, Jr., Clifford Mishler and more. Unique.
  11. 1991 ANA Chicago Convention related elongates 48 total, many duplicates.
  12. 1991 ANA Chicago Convention related ephemera. Key chain, shredded currency, wooden nickels, 6 misc. tokens.
  13. ANA 100th Anniversary Commemorative Silver Medallion struck by the British Royal Mint. Sterling silver, 28.28 grams (.84 pure ozt). Limited issue of 1000 pieces. Original box and papers.
  14. Three 1991 ANA Chicago Convention elongates. One on a 1991 Kennedy Half Dollar, another on a 1991 Kennedy Half Dollar using the cancelled die, and the third one on an 1891 silver dollar which is serial #91 of 100 made.
  15. 1991 ANA Chicago Convention wallet with a first day of issue envelope with official convention medal and another FDC, also an invitation for the ceremony to issue this stamp.
  16. 1991 ANA Chicago Convention stamp related ephemera including two first day of issue stamps, lapel pins, block of 4 stamps, official program and an events calendar.
  17. 1991 ANA Chicago Convention ephemera including coasters, an intaglio impression by American Bank Note Company, counterstamped 100 rupee note, programs, advertisements, etc.
  18. 1991 ANA World Mints Passport with 15 coins from around the world along with 5 tokens.
  19. Official 1999 ANA Chicago Convention Medal and Ribbon along with official program.
  20. 1999 ANA Chicago Convention related items including souvenir rolled out buffalo nickel from M. Wieclaw, elongated quarter from Numismatic Ambassador Award program, wooden nickels and lapel pin, bronze medal from the Franklin Mint, and a medal from the 2000 ANA convention committee.
  21. Same as above plus 3 souvenir tour tokens.
  22. CSNS & Ohio State Numismatic Society 1952 Convention Badge belonging to the famous publisher and CCC member Lee F. Hewitt — a neat piece of numismatic history.
  23. 1983 CSNS Badge and 1984 CSNS Badge along with 3 very nice elongates.

Preview of Our December Banquet (1128th Meeting)

Date:December 12, 2012 (This is on a Wednesday!)
Time:6PM to 7PM Cocktails and Hors d’oeuvres
7PM to 9 PM+ Dinner and Meeting
Location:Marcello’s Restaurant, 645 West North Avenue, Chicago, IL 312-654-2560. Ample free parking is available in their parking lot. If public transportation is taken, it’s just east of the North Avenue subway stop on the CTA Red Line.
Menu:

The evening’s hors d’oeuvres and dinner menu will be detailed in the December Chatter.

The cost is $40.00 per person and reservations are required. Make your check payable to Chicago Coin Club, P.O. Box 2301, Chicago, IL 60690. If time is short, e-mail your reservation to carlwolfco@msn.com, or call 773-878-8979 during workdays and make arrangements to pay at the door.

Please make reservations as early as you can so we can plan for an appropriate room size.

Program:

Robert Wallace on A Coin-Collecting American Boy in Rome
Robert Wallace’s father worked for the Baltimore Sun newspaper and in 1962 accepted a transfer to Rome. Bob was 12-years-old, already a coin collector, and Rome became his playground to explore. The open marketplaces, especially, held many wonders including pails of ancient coins unearthed by local farmers. Today, Bob is a Professor of Classics at Northwestern University and a visiting professor at several Italian universities. We are fortunate he will be in Chicago this December, as he divides living arrangements between Chicago and the south of France. Make your reservation early, guests are welcome, and be ready for a program that will take everyone back 50 years!

Agenda: Election of Club Officers
Award Presentations

Our 1127th Meeting

Date:November 10, 2012, First session
Time:1:00 PM
Location:At the International Currency and Coin Convention, which is held at the Crown Plaza Chicago O’Hare, 5440 North River Road, Rosemont, IL. No admission charge for our meeting.
Featured speaker:Fred N. Holabird - The Casa Grande Improvement Co. and the Arizona Land Fraud

The stock fraud of the Casa Grande Improvement Co. is among the greatest of American business frauds! The story is largely forgotten, but dwarfs many recent financial scandals when measured in today’s dollars. James Addison Reavis (1843-1914) created a giant fraud that gave the illusion he owned the northern half of Arizona and part of New Mexico! He created official looking documents and cleverly inserted them into original Spanish land record archives in Seville, Spain. He married a purported descendent of the Peralta family, the land’s original claim recipient, and concocted a false claim of title which allowed him to garner exorbitant fees from railroad interests and the largest mining companies in Arizona. On the strength of his fabricated image, Reavis became the “Baron of Arizona.” He put all his interests into a corporate shell called Casa Grande Improvement Co. He made even more profit with the sale of company stock. His fraud was revealed in 1889 with the discovery of suspicious documents. Many lawsuits followed which clouded thousands of land titles into the 1890s. Be sure to attend this meeting and hear the fascinating story of James Reavis, his creation of fraudulent documents, his assumed image, and how his claim collapsed.
Fred Holabird is a respected scripophily authority and well-versed in Western historical exonumia. He is a principal in the highly regarded Holabird-Americana firm that specializes in purchasing, selling, appraising, and auctioning U.S. western Americana.

. . . . . .

Date:November 14, 2012, Second session
Time:6:45 PM
Location:Downtown Chicago
At the Chicago Bar Association, 321 S. Plymouth Court, 3rd floor meeting room. Please remember the security measures at our meeting building: everyone must show their photo-ID and register at the guard’s desk. Nearby parking: South Loop Self Parking Ramp at Van Buren & Federal Streets; that is two short blocks west of our meeting site. Note: Their typical rate of $29 is reduced to $6 if you eat at the Plymouth Restaurant, 327 S. Plymouth Court (next to our meeting site at the CBA), show them your parking ticket, and ask the restaurant for a parking voucher. The restaurant offers standard sandwiches, burgers, and salads for members who want to meet for dinner.
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 Tuesday, October 30.


Important Dates

Nov 9-11 PCDA National Coin and Currency Convention at the Crown Plaza Chicago O’Hare, 5440 North River Road, Rosemont, IL. Admission is $5 for Friday through Sunday. Details at http://www.pcdaonline.com
Nov 10 CCC Meeting - 1pm at the PCDA National Coin and Currency Convention, which is held at the Crown Plaza Chicago O’Hare, 5440 North River Road, Rosemont, IL. No admission charge for our meeting.
Featured Speaker - Fred N. Holabird on The Casa Grande Improvement Co. and the Arizona Land Fraud
November 14 CCC Meeting - Club Auction - no featured speaker
December 12 CCC Meeting - Annual Banquet - Featured Speaker - Robert Wallace on A Coin-Collecting American Boy in Rome
January 9 CCC Meeting - Featured Speaker - Eugene Freeman on Mint Marks of the Spanish-Colonial Mints
February 13 CCC Meeting - Featured Speaker - Marc Stackler on Numismatic Issues of the Independent State of Oaxaca, 1915-16

Proposed Club Constitution

The Directors of the Chicago Coin Club have reviewed the existing Constitution and By-Laws, and have recommended a number of changes to the existing document. The primary changes are:

  1. Expanding the number of Directors from 3 to 5.
  2. Eliminating the Associate Member classification.
  3. Changing the level of expenditure requiring Board approval from $50 to $500.
  4. Establishing who will serve as check signers, and how they are appointed.
  5. Establishing a requirement for dual signatures on checks in excess of $500.
  6. Increasing the annual expenditure reimbursement for Secretary, Treasurer, and Chatter Editor from $50 to $200.
  7. Changing the beneficiary, in the event of dissolution, from the Smithsonian to the ANA.

Other minor wording and procedural changes are also proposed. A copy of the entire proposed Constitution and By-Laws will be published in the Chatter.

The Board proposes that the changes be effective January 1, 2013.

The proposed changes are shown on the existing constitution, using the following markings: text to be removed has a line drawn through it, and additions are shown in a larger, bolder font.


Constitution and By-laws
of the
Chicago Coin Club

(As amended through February 9, 2000)
(As proposed October 6, 2012)

Organized — January 31, 1919
Incorporated in the State of Illinois — January 19, 1938
ANA Life Member No. 7 - CSNS Life Member No. 150
ILNA Life Member No. 132

Article I - Name and Objective
    Section 1. This organization shall be known as the “Chicago Coin Club” ‘the Club’ incorporated under the laws of the State of Illinois, as a nonprofit organization and shall conform to the regulations governing nonprofit corporations and shall operate on a calendar year basis.
    Section 2. Its objective shall be to study and to research in numismatics, promote educational activities incident to the collecting of coins, medals, paper money, exonumia, publish numismatic literature, et cetera, maintain a numismatic library, and, through regular meetings, disseminate numismatic knowledge.
    Section 3. No part of the net earnings of the Club shall inure to the benefit of or be distributed to its members, officers or other private persons, except that the Club is authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the objects set forth in Section 2 of this Article.

Article II Membership
    Section 1. Any person 11 years of age and over of good moral character and interested in numismatics shall be eligible for membership.
    Section 2. The membership of this Club shall be comprised of four (4) three (3) classes: Regular, Associate, Life and Junior. The control of the Club shall be vested in its Regular, and Life and Associate members and from them all officers shall be elected.
    (A) Regular Members shall be those persons 18-years of age and over.
    (B) Associate Members shall consist of Parents, Spouses, or Children of Members. Spouses of deceased members may continue as Associate Member and if circumstances warrant, dues may be remitted upon proper action of the club. Associate Members may become Regular Members if they so elect and pay Regular Membership dues. Associate Members shall receive Club literature conjointly with their related regular membership.
    (C) (B) Life Members (LM) shall be elected from class“A” (regular) Regular Members after at least one-year membership in good standing.
    (D) (C) Junior Members shall be individuals between the ages of 11 and 18. Junior Memberships shall be sponsored by either parent or legal guardian. They shall become Regular Members upon reaching the age of 18 years and conforming to the Regulations set forth in Section 2(A).
    Section 3. Applications for all classes of membership shall be in writing and subject to such rules and regulations as may be established from time to time by the Board of Governors. All such applications shall bear the signature of a member in good standing for one year as sponsor. All applications shall be read in detail at a regular meeting at which the applicant is present before being referred to the Membership Committee. If no objection is filed, the application shall be read at the next Regular Meeting, at which approval of membership will be voted on by the members.
    Section 4. Those who become members or applied for membership prior to the regular meeting of March 5, 1919 shall be known as Charter Members.
    Section 5. A Membership Number shall be assigned to each member. Membership numbers, having been assigned by lot to Charter Members, shall thereafter be assigned by the Secretary in the order of election to membership.
    Section 6. Life Membership will initially be assigned by a committee of at least three former presidents of the Chicago Coin Club, thereafter those who are members for life shall comprise the committee. Life Membership shall be designated by placing the letter “L” prior to the current membership number of those elected. A suitable memento (metallic card, plaque, etc.) shall be presented to all Life Members.

Article III Dues
    Section 1. The revenue of the Club shall be derived from dues, the sale of Club educational numismatic material and contributions.
    Section 2. All membership dues shall be payable in amounts to be recommended by the Board of Governors and as approved by a simple majority of the membership attending a regular meeting.
    Section 3. Applications filed after June 30 shall be accompanied by one-half of the annual dues for the class of membership for which application is made and if applicant is elected to membership such one-half payment shall be considered as paying dues in full to December 31 of the year in which elected.
    Section 4. All dues must be paid in advance. Members who have not paid their current year’s dues by March 1 shall be considered delinquent and subject to suspension.
    Section 5. Life Member LM dues must be paid in full within 90-days following LM approval as an LM. Any regular dues already paid in the year of approval may be deducted.
    Section 6. The power of suspension, expulsion or reinstatement shall be vested in the Board of Governors.

Article IV - Meetings
    Section 1. Regular meetings shall be held once a month monthly at the time and place decided upon by the officers at a regular meeting.
    Section 2. Special meetings may be called by the officers upon not less than five (5) days written notice to all members of such meeting. An outline of the items to be discussed or the reason for the special meeting must be listed in the written notice, and only these items are to be taken up at this meeting.
    Section 3. Seven members shall constitute a quorum.

Article V - Officers and Election
    Section 1. The elective officers shall be: President; First Vice President; Second Vice President; Archivist; and not less than three (3) or more than five (5) Directors. The Secretary and/or Treasurer shall be appointed by the President with the approval of the Board of Governors. The immediate Past-President shall automatically become a director and shall serve until the next President is elected. These shall constitute the Governing Board.
    Section 2. At the No later than the regular November meeting, a Nominating Committee of three (3) members in good standing shall be appointed by the President.
    Section 3. The Nominating Committee shall meet within the next five (5) days and select their Chairman. The nominations for President, First Vice President, Second Vice President, Archivist and three (3) to (5) five Directors, all of whom must be members in good standing and whose consent to serve has been obtained, shall be reported in writing to the Secretary in time to be included in the notice of December meeting.
    Section 4. Any five (5) members, in good standing, may, at the December meeting, file in writing to the Secretary, nominations with consent to serve, for any of the elective offices.
    Section 5. Election of officers shall be by written ballot if there is more than one nominee for any one office. All classes of members shall have the right to vote except Junior mMembers.
    Section 6. At the December meeting those regularly nominated and receiving the largest number of votes shall be elected., They and shall assume office after being installed at the next regular meeting in January.
    Section 7. Each election shall be for a period of two (2) years or one (1) term. No officers shall be elected for more than two (2) consecutive terms to the same office, except Directors and Archivist, on which there is no limitation.

Article VI - Duties of Officers
    Section 1. The President shall preside at all meetings, and shall, as Chairman, preside at all meetings of the Board of Governors. He The President shall have general supervision over the interests of the Club. The First Vice President shall act in the absence of the President. The Second Vice President shall act in the absence of both the President and First Vice President.
    Section 2. The Board of Governors shall have full powers to act for the interest of the Club and shall meet not less than twice annually. The remaining members of the Board of Governors shall fill any vacancy among the officers and directors, by appointment, for the unexpired term of the office. At the next regular meeting after a meeting of the Board of Governors, the minutes of such meeting shall be read insofar as they relate to suggestions or recommendations on which a vote of approval is desired.
    Section 3. (A) The Secretary-Treasurer shall be the “Registered Agent” and his home or official address shall be the “Registered Office” of the Club.
    Section 3. (A) The Secretary or Treasurer shall be the “Registered Agent” and whose home or the Club’s official address shall be the “Registered Office” of the Club.
    (B) The Secretary-Treasurer shall send Notice of Meeting to all members entitled to receive same at least five (5) days before the date of the meeting. He The Secretary shall keep a record of the proceedings of all meetings and prepare minutes of the meetings, to be read approved at the next regular meeting, and keep a record of the attendance of members and guests.
    (C) He shall collect dues, interest, and other funds and keep a proper record of same. All funds received shall be deposited in a bank designated by the Board of Governors and withdrawn only check signed by the Treasurer and countersigned by the President or First Vice President.
    (C) The Treasurer shall collect dues, interest, and other funds and keep a proper record of same. All funds received shall be deposited in a bank designated by the Board.
    (D) Expenditures to a limit of $50 may be made by the Secretary-Treasurer upon approval of the Board of Governors. Expenditures of more than $50 must be recommended by the Board of Governors, and approved by a vote of members at a regular or special meeting.
    (D) Expenditures to a limit of $500 may be made by the Treasurer with approval of the Board. Expenditures of a single payment of more than $500 must be recommended by the Board, and approved by a vote of members at a regular or special meeting. The President may authorize up to three (3) Board members as Authorized Signors on Club bank accounts. Checks of more than $500 must be signed by two (2) Authorized Signors.
    (E) He The Secretary and Treasurer shall perform all duties customarily associated with the offices of Secretary and Treasurer including such reports as may be required from time to time by City, County, State, and Federal law and the regulations relating thereto.
    (G) (F) The Secretary-Treasurer shall prepare an Annual Report of Receipts and Disbursement, Balance Sheet, membership, and such other data as may be of interest and mail a copy of same to each member not later than March of each year.
    (F) (G) An audit of the Secretary Treasurer’s books and records shall be made by the Finance and Auditing Committee at the close of each year and before the regular March meeting.
    (H) The Secretary Treasurer shall be allowed fifty ($50) dollars per year, payable in December, as reimbursement of personal expenditures incidental to performing the duties of his offices.
    (I) The editor shall be allowed fifty ($50) dollars per year, payable in December, as reimbursement of personal expenditures incidental to performing the duties of his office.
    (H) The Secretary, Treasurer and Editor each shall be allowed two-hundred ($200) dollars per year, payable in December, as reimbursement of personal expenditures incidental to performing the duties of the offices.
    Section 4. Upon assuming office, tThe President shall appoint the following Offices and Committees as required, and necessary:

Attendance Auction Banquet
Editor Entertainment Exhibits
Finance and Auditing Grievance Librarian
Membership Parliamentarian Public Relations
Publication Registration Clerk Sergeant at Arms
Spouses’ Activities And others as required.


    Section 5. (A) The Archivist shall be an elected officer and regular member of the Board of Governors.
    (B) (A) The Archivist shall be the custodian of all records, notices, books, photographs, medals, and other properties, except library materials of the Club.
    (C) (B) The Archivist shall be responsible for collating and maintaining the official records of the Club for other than the current year and shall have them organized and assembled as necessary for reference.
    (D) (C) The Archivist shall maintain a current inventory of all properties belonging to or donated to the Club.
    (E) (D) The Archivist shall notify the Board of all unusual or rare items in inventory.
    (F) (E) From time to time, the Archivist shall prepare short historic reviews of Club matters for use in the Chatter or for distribution to the numismatic community.

Article VII - Annual or Periodical Presentation of Medals
    Section 1. Past President’s Medal. An appropriate medal shall may be presented to the immediate “Past President.” This will be presented at the meeting of the swearing in of the new President.
    Section 2. Medal of Merit. Annually, in November, the President shall may appoint a “Medal of Merit Committee” made up of three (3) past recipients of this Award. They shall select a Chairman among themselves. This Committee shall solicit two or more other past recipients (two or more) of the Award for their nominations. This Committee shall meet as many times as necessary, and if warranted, may award a Medal of Merit to any deserving member so nominated. This Committee is not limited to the number of such Medals they may award for the year, although normally it would be one or two — nor are they bound to award any Medal if, in their opinion, there is no one deserving.
    Section 3. Literary Award Medal. Annually, in November, the President shall appoint a “Literary Award Committee” of three (3) members who shall select a Chairman among themselves. Each shall read all papers presented before the Club during the past year, and if warranted shall designate the recipient of the award.
    Section 3. Literary Award Medal. Annually, the President may appoint a “Literary Award Committee” of three (3) members who shall select a Chair among themselves. Each shall read all articles/books published by members of the Club during the past year, and, if warranted, shall, designate the recipient(s) of the award.

Article VIII - Order of Business
1. Call to Order
2. Reading Approval of the Minutes
3. Introduction of Visitors
4. Reports of Treasurer
5. Reports of Officers and Committees
6. Application and Election to Membership; Resignations
7. Communications and Bills Featured program
8. Exhibits
9. Old Business
10. New Business
11. Reading of Papers Other Business Announcements
12. Adjournment

Article IX Amendments
    Section 1. This Constitution and By-Laws may be altered or amended.
    Section 2. Alterations or amendments to this Constitution and By-Laws shall be presented in writing and read at a regular meeting but shall not be voted upon until the next regular meeting and then only after sending each member a copy of the proposed alteration or amendment, at least ten (10) days prior to the meeting. When voted upon, a two-thirds majority vote of members present shall amend.

Article X Regulation
    Section 1. This Club shall be governed by Robert’s Rules of Order wherein when these By-Laws do not specifically cover the subject.

Article XI - Dissolution
    Section 1. In the event of the dissolution of the Chicago Coin Club, any and all assets remaining alter all of its liabilities, incurred in accordance with this Constitution and By-Laws, have been paid shall be distributed to the Numismatic Section of the Smithsonian Institution, of the Federal Government, in Washington, D.C.
    Section 1. In the event of the dissolution of the Chicago Coin Club, any and all assets remaining after all of its liabilities, incurred in accordance with this Constitution and By-Laws, have been paid shall be distributed to the American Numismatic Association, in Colorado Springs, Colorado.


Chatter Matter

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

CHICAGO COIN CLUB
P.O. Box 2301
CHICAGO, IL 60690

http://www.ChicagoCoinClub.org/

Club Officers

Jeffrey Rosinia- President
Elliott Krieter- First Vice President
Richard Lipman- Second Vice President
William Burd- Archivist
Directors:Robert Feiler
Eugene Freeman
Marc Stackler
Carl Wolf
Other positions held are:
Carl Wolf- Secretary
Steve Zitowsky- Treasurer
Paul Hybert- Chatter Editor
Robert Feiler- ANA Club Representative

Contacting Your Editor / Chatter Delivery Option

chatter_editor@yahoo.com

The print version of the Chatter is simply a printout of the Chatter web page, with a little cutting and pasting to fill out each print page. The web page is available before the Chatter is mailed.
If you would like to receive an email link to the latest issue instead of a mailed print copy send an email to chatter_editor@yahoo.com. You can resume receiving a mailed print copy at any time, just by sending another email.