|Volume 63 No. 10||October 2017|
The club auction is scheduled for 7PM, near the start of the regular November club meeting. In the past few years, club related material (and Chicago area numismatic items) have had the best results. Some printed material also has shown good 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.
The November Chatter will contain a list of all auction lots that are known to us by Tuesday, October 24. You can either e-mail your list to Paul Hybert by Tuesday, October 24 if you plan to bring your lots with you to the November meeting; or you can ship your items to Bill Burd by Tuesday, October 24.
Chicago Coin Company
6455 W. Archer Ave.
Chicago, IL 60638
If you have questions, Bill can be reached at 773-586-7666.
The 1185th meeting of the Chicago Coin Club was held Wednesday, September 13, 2017 at the Chicago Bar Association Building, 321 S. Plymouth Court, Downtown Chicago. President Richard Lipman called the meeting to order at 6:45 PM with attendance of 18 members.
The membership stood for a moment of silence honoring the memory of past president Charles J. Ricard. Robert Leonard briefly spoke of Charles’ numismatic awards and accomplishments.
The Minutes of the August 9, 2017 meeting as published
in the Chatter were approved.
The Secretary delivered the treasurer’s report of August:
revenue of $150.72, expenses $92.46, and total assets $25,986.73.
A motion was passed approving the report.
The Minutes of August 16, 2017 Board Meeting were approved
with the following change regarding the Club Hall of Fame,
point two corrected to read “The Board favored
the creation the exploration
of a Hall of Fame award…”
Following the second reading of the membership applications for Robert Romeo and Curtis Personett, separate motions were passed accepting them into the Club.
Board Member Dale Lukanich introduced the featured speaker, Melissa Gumm, who delivered a presentation Love Tokens – Works of Art or Mutilation of Circulating Coinage. Following a question and answer period, Dale presented Melissa with an engraved Club speaker medal and an ANA Educational Certificate. Melissa thanked the Club’s tech team for setting up her laptop to work with the Club’s digital projector.
Steve Ambos announced the evening’s nine exhibitors. LYLE DALY: a drachma issued 2nd-1st Century BC by the Scordisci Celts, a Gallic Iron Age tribe. DREW MICHYETA: 1964-65 New York World’s Fair official commemorative medal. Robert Feiler: ten love tokens from his collection. ROBERT LEONARD: bronze coin denomination set of Byzantine Emperor Justin II, 565-578 AD, in 5, 10, 20 and 40 nummia. DALE CARLSON: 1926 U.S. Sesquicentennial commemorative $2.50 gold coin and two Panda coins issued to honor the recent Denver ANA Convention. DEVEN KANE: two irregular shaped coins from the country of Georgia, a six dirhams of Abu Said from Il-Khans of Persia, and a hobo nickel. MARK WIECLAW: 2017 silver Krugerrand, 1967 gold Krugerrand, and a 1990 U.S. proof set with a no “S” cent. RICHARD LIPMAN: double printed U.S. $10 bill, Continental Currency signed by B. Levy, a $5 note from the Orphan’s Institute, and a Greek 50 drachma note produced in France. RICHARD HAMILTON: site tokens from Cahokia Mounds, Yellowstone National Park, Pinson Mounds, and Audubon Aquarium.
The meeting was adjourned at 8:59 PM.
Carl F. Wolf, Secretary
a presentation by Melissa Gumm,
to our September 13, 2017 meeting.
On the title slide, Melissa showed two examples of Love Tokens: the 1847 Liberty Seated quarter with a cross was beautiful, while the 3¢ piece with letters RM was crude. To the numismatic purist, a Love Token is just another mutilated coin, destined for the junk box. To the Love Token collector, it is a circulated coin with one or both sides planed or smoothed, polished flat, and engraved or marked. The most common marks are initials, but names, image, or message, are found. These are not like Hard Times or Civil War tokens which were machine made from dies, and were intended to circulate – these repurposed coins were engraved by hand, and were intended to be kept.
The Love Token definition used by the Love Token Society has two requirements: there must be engraving on a legitimate coin, and the engraving must be done by hand. Silver coins were most commonly used, as they were soft and easy to engrave – copper coins were not as valuable, so they did not carry as much significance; copper-nickel coins were hard and did not carry much more significance. Small gold coins were used sometimes, and they must have made a good impression on the recipient.
The earliest engraved tokens can be traced to Great Britain in the 16th century, when copper coins were used. Known as benders, they were physical items that could be seen and felt, and were used to mark a vow, be a token of affection, or be a good luck piece. Engraved pieces became more popular in the 17th century, when a mix of skill levels and a variety of tools were used. Pinpunching was one style of working the metal, but as with any manual work, the results improve with practice and concentration. For a time in the Victorian Era, a popular craze among young girls was to collect as many tokens as possible from young beaus, without compromising propriety or honor, and make a bracelet or necklace from the pieces. A Google search on Love Tokens is likely to turn up a number of such pieces, showing that the definition changed over time and place. Prison Tokens (known as Transportation Tokens by British collectors) were made or bought by prisoners who were about to be shipped to a penal colony – commonly in Australia – and would include name, years to serve, and the classic phrase, “When this you see remember me.”
Each piece would tell its own story but most modern collectors, unable to trace the piece, are unable to find the story. No two pieces are the same, and they can be full of symbolism in addition to a few stated facts: hearts or roses for love; a bluebird for happiness; clover or a horseshoe for luck; a forget-me-not flower for enduring affection; and clasped hands for a union or potential marriage.
Their popularity began in the United States in the mid-19th century with the Civil War, about the same time as Valentines. The fanciest coins are believed to have been done by jewelers – features included enamel, gold overlay, lesser gems, and colored glass. The greatest popularity was experienced late in the 19th century. There were booths at the 1893 World’s Columbian Exposition where fair goers could have personally engraved coins.
Because every Love Token reduced the circulating money supply, 1909 federal legislation banned the mutilation of coins. Maybe this was the reason making and giving Love Tokens fell out of favor, or maybe it was the cost of having a jeweler making something unique by hand. Love Tokens were considered old fashioned in the 1920s, and too expensive for a mass market during the Great Depression. The 1960s saw a relaxed attitude to the existing Love Tokens, with the Love Token Society started in 1972 by Helen Moore of Florida. With a worldwide membership, its objectives include encouraging and promoting interest in “engraved coins.” Its annual meeting is at the Winter FUN show.
The information available today has not changed much since the 1980s. Two references provide much detail, and Melissa learns something new each time she refers to them.
Melissa also mentioned a number of articles in Coin World, but realize that these heavily illustrated articles are light on details about the pieces. These articles usually appear in late January or early February, just before Valentine’s Day.
Melissa concluded the program with the changes she has seen over the years. In the 1980s, when her father took her along to local coins shows and encouraged her to collect something by showing her Love Tokens, a few exonumia dealers had a few dozen examples. Some dealers then did not know what you were talking about when you asked for Love Tokens, but at recent ANA conventions some dealers had boxes and ringbinders of them. It should be no surprise that with increased popularity came increased prices. The area is too wide to collect everything, so it is best to focus your collection – to pieces with your initials, for example. As you search for Love Tokens, remember to understand where you are – while everyone at a coin show knows what is meant by a Love Token, at an antique show many people calls them Valentines.
|CSNS Convention||Chicago Coin Company|
|PCDA Convention||Harlan J. Berk, Ltd.|
Items shown at our September 13, 2017 meeting,
reported by Steve Ambos and John Riley.
September 20, 2017
The Chicago Coin Club’s 100th Anniversary Committee held an open meeting September 20, 2017 at Connie’s Pizza, 2373 S. Archer Ave., Chicago. Committee Chairman Mark Wieclaw called the meeting to order at 6 PM with the following members present: Sharon Blocker, Bill Burd, Steve Zitowsky, Melissa Gumm, Dale Lukanich, Robert Feiler, Dale Carlson, Richard Hamilton, Scott McGowan, and Carl Wolf.
Everyone gave their committee preference and expressed ideas.
The meeting was adjourned at 7:19PM.
Carl F. Wolf, Secretary
|Date:||October 11, 2017|
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.
|Featured Program:||Brett Irick
— Building a Type Set of Mexican Coins
Coins have been minted in Mexico since 1535. The first mint opened that year in Mexico City and coins were produced there until 1983. Attend this meeting to learn about the thirty or so most important design types of Mexican coinage that now span almost 500 years and the interesting history behind them. Importantly, most of these issues are relatively available in higher grades with most at reasonable prices. This topic was last presented by Richard A. Long, a Mexican numismatic specialist and ANA Past President, during the 2005 American Numismatic Association Summer Seminar to less than a dozen students who were taking hand written notes. This program was developed from my notes taken during that presentation and modernized to PowerPoint. Examples of many of the type coins and reference sources will be shared with attendees.
Unless stated otherwise, our regular monthly CCC Meeting is in downtown Chicago on the second Wednesday of the month; the starting time is 6:45PM.
|October||11||CCC Meeting - Featured Speaker - Brett Irick on Building a Mexican Type Set Collection|
|November||8||CCC Meeting - Club Auction - no featured speaker|
|December||13||CCC Meeting - Annual Banquet - Featured Speaker - Stanley Campbell on Cuban Numismatics|
|January||10||CCC Meeting - Featured Speaker - to be announced|
|February||14||CCC Meeting - Featured Speaker - to be announced|
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
|Elected positions (two-year terms):|
|Richard Lipman||- President|
|Marc Stackler||- First Vice President|
|John Riley||- Second Vice President|
|William Burd||- Archivist|
|Elliott Krieter||- Immediate Past President|
|Carl Wolf||- Secretary|
|Steve Zitowsky||- Treasurer|
|Paul Hybert||- Chatter Editor, webmaster|
|Jeffrey Rosinia||- ANA Club Representative|
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