Volume 67 No. 12 | December, 2021 |
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The 1234th meeting of the Chicago Coin Club was called to order by President Lyle Daly at 6:45 PM CST, Wednesday November 10, 2021. This was a hybrid in-person and online meeting. Attendance was 18 members in person (in a room at the Chicago Bar Association Building in downrown Chicago) and 22 members online.
Club Meeting Minutes and Treasurer’s Report
The October 13, 2021, meeting minutes were approved as published in the November Chatter, both in print and on the CCC website.
Treasurer Elliott Krieter presented the Treasurer’s report for the October period. It reported income of $1,586.00 (dues, banquet, medal sale, gift to club) and expenses of $2,354.54 (Chatter expense, medals & engraving, banquet deposit), giving the period a total of -$768.54. The report was approved.
New Members
Secretary Scott McGowan performed the second reading of the member application for Dan Shemwell, calling for a membership vote which approved Dan as a member. Scott announced one invited guest, Josh Rossow, who was a guest of John Kent.
Old Business
New Business
General Announcements
All club members are encouraged to send feedback on the hybrid meeting technology to club board members.
First V.P. John Riley introduced the Featured Program: Mark Wieclaw on The Story Behind the “Official” 100th Anniversary Medals of the Chicago Coin Club.
Second V.P Melissa Gumm announced the evening’s seven exhibitors. Exhibitors were both in person and online.
The next meeting will be the Annual Banquet on December 8, 2021, at Maggiano’s Little Italy in Oak Brook, Illinois. The Banquet will not be presented online. Banquet attendees are required to wear masks when not seated at a table.
Lyle Daly adjourned the meeting at 8:33 PM CST.
Respectfully Submitted,
Scott A. McGowan,
Secretary
presented by Mark Wieclaw,
to our November 10, 2021 meeting.
The official 100th Anniversary medals of the Chicago Coin Club are oval medals struck in copper, silver, and gold – this program tells their story. These medals are not to be confused with the round banquet medals struck for the 100th anniversary banquet held in August, 2019.
The 100th anniversary committee first met in March, 2018, and several topics were suggested as a central design on the medal. By the committe’s May meeting, the choices had narrowed down to Buckingham Fountain and the Chicago Water Tower. A suggestion was made that both of these iconic landmarks be used to create an oval, bidirectional medal. The obverse (with the medal oriented horizontally) features the Clarence F. Buckingham Memorial Fountain, the Club’s name, the dual anniversary date of 1919-2019, and the Centennial motto “A Century of Sharing Numismatic Knowledge.” The reverse (with the medal oriented vertically) is simple and elegant, with the Chicago Water Tower surrounded by 100 stars, one for each year of the Chicago Coin Club.
The stars that surround the Water Tower on the medal are not just any star – they are Chicago six-point stars, designed by poet Wallace Rice, who was commissioned to create the city’s first flag in 1917. The first flag had two stars, symbolizing the Chicago Fire of 1871 and the World’s Columbian Exposition of 1893. The third and fourth stars were added in 1933 and 1939, symbolizing Ft. Dearborn (built in 1803) and the Century of Progress exposition of 1933-1934.
While the design sketches were going through a number of revisions, efforts were made to find a mint. Medalcraft Mint of Green Bay, Wisconsin had been used for some prior club medals, but their staff turnover seemed to result in a slow response to club queries. The decision was made to use a local company, Mint Masters of Franklin Park, Illinois, which had been founded in 1989 by German-born artist Hermke Timm. When Timm decided to retire and open an Art Studio in Door County, Wisconsin, he sold the business to his daughter, Kerstin Mourar. The Company is well known for their quality die-struck medals, and proudly promotes “Made in the U.S.” in their product information. Over the years, Mint Masters has been commissioned to strike the official “Coins” used in the opening coin toss at several NCAA Football Bowl games. Also, five U.S. Presidents have commissioned Mint Masters to strike Challenge Coins for official presentations.
MichaelAngelo Pantaleon has been employed by Mint Masters as an artist and die engraver since 1992. His work has been nominated multiple times for industry awards. Starting from the sketches provided bt the club, MichaelAngelo Pantaleon developed his preliminary design work for both the obverse and reverse of the medal. After removing background items (such as buildings and trees) and altering the perspective and view of the tower and fountain, the final designs were obtained; then the dies were made.
Twelve pairs (obverse and reverse) of lead trials were struck for the committee chair who presented one to each member of the 100th Anniversary Committee and the Club’s archives.
Finding a company to manufacture the gold and silver blanks also was a challenge; either the order did not meet the minimum quantity or the price was twice the bullion value. Thankfully, Morvillo Precision Products of Providence, Rhode Island made an exception; they provided the rectangular blanks, from which Mint Masters punched out the oval blanks, leaving the Chicago Coin Company to handle the resulting excess metal. Unfortunately, the name of the company that applied the gold and platinum highlights to the copper medals was not revealed to the Club. Also, when asked about the amount of striking pressure necessary for each of the various metals, Mint Masters declined to answer.
A chocolate brown antique finish (AF) was applied to the copper medals to simulate what a medal struck in the year 1919 would look like with a century of natural toning. The copper medals that were embellished with gold and platinum highlights (WHL) were left in their natural state because highlights would not adhere to the antique finish.
Since neither the Chicago Coin Club nor Mint Masters had ever attempted a medal of this shape, size, or thickness, it was a great learning experience. The thickness of a ¼-inch, which is twice the normal standard, proved to be the main concern since the striking pressure had to be increased. The reverse die (Water Tower) sustained damage after just six strikes. With nearly 300 more medals to be struck, there was concern that the project could not be completed. Fortunately, the damage occurred outside of the design portion and was repaired in short order. The striking process was slowed down and dies were inspected regularly.
There was a miscommunication with Mint Masters on the amount of copper medals to be struck. The Club ordered a total of 200 of which 50 of those were to have highlights added. Mint Masters struck 200 copper (AF) and an additional 50 for highlighting. In addition to the above, five sample strikes (Specimens) of the Copper (WHL) medals were sent in advance for approval. Each of these, like the regular strikes, is sequentially numbered on the edge. The medal committee purchased these, keeping one each. One Specimen was donated to the Club’s annual auction, where it realized over $300. Copper (AF) medal #1, along with Specimen #1, were placed into the Club’s Archives as has been the tradition for decades.
Composition | Weight | Mintage | Price | |
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Copper (AF) | 194.2 grams | 200 pcs | $ 40 | |
Copper (WHL) | 194.2 grams | 50 pcs | $ 70 | |
Silver (.999 Fine) | 238.0 grams | 28 pcs | $275 | |
Gold (.999 Fine) | 435.1 grams | 3 pcs | $21,500 | (approx.) |
Each of the medals measures 82 mm x 61.5 mm x 6.3 mm thick, and were struck in the following order: Copper, Silver, Gold. All copper, silver, and gold medals were sealed with jewelry lacquer to prevent fingerprints and future toning, while the lead strikes were left in a natural state. The informational insert packaged with each medal was printed before the medals were struck, explaining why some mintage figures are inaccurate and weights are approximations.
Clarence F. Buckingham Memorial Fountain
Located in the center of Chicago’s Grant Park, Buckingham Fountain is one of the largest in the world. It has five pool or basin levels, with the bottom pool being 280 feet in diameter. Kate S. Buckingham, a wealthy art collector, provided the funds for the fountain as a gift to the city and a monument to her brother Clarence, a former trustee of the Art Institute of Chicago.
Architect Edward Bennett designed the fountain and French artist Marcel Francois Loyau produced the sculptural elements. The fountain is composed of pink Georgia marble with some granite elements, and was completed in 1927. The Buckingham Fountain represents Lake Michigan and the four sets of bronze Art Deco style sea horses represent the four states that border Lake Michigan.
With a capacity of 1.5 million gallons, the pumps can displace 15,000 gallons of water per minute, attaining a maximum height of 150 feet. From 1927 to 1979, the pumps were manually controlled. In 1980 they were computerized and were actually monitored in Atlanta, but operations returned to suburban Chicago in 1994. The evening light show is quite spectacular with 820 lights located within the five pool levels.
The Chicago Water Tower
One of the few structures not destroyed by the Great Chicago Fire of 1871, the tower anchors what is now known as the “Magnificent Mile” of Michigan Avenue. Constructed between 1867 and 1869 of limestone from nearby Joliet, it was built to protect the 138 foot tall standpipe used to balance the water pressure created by the city’s adjacent water pumping station. It brought in clean water from nearby Lake Michigan, helping to reduce the threat of cholera to Chicago.
Architect, William W. Boyington, designed the 182.5 foot tall structure using a gothic revival style with a fairytale feel. It features arched windows and doors, along with pinnacles and cupolas. In 1916, the exterior was replaced with new limestone for a fresh look. While most admire the architectural style, some, including the famous Irish poet and playwright Oscar Wilde, thought it looks like “a castellated monstrosity.”
In fact, the castle-like style inspired the design of some White Castle restaurant buildings. White Castle is a regional chain of restaurants known for its small, greasy burger referred to as a “Slider” – a true Chicago delicacy along with deep dish pizza, Italian beef sandwiches, and breaded steak.
CSNS Convention | Chicago Coin Company |
Harlan J. Berk, Ltd. | Kedzie Koins Inc. |
Items shown at our November 10, 2021 meeting,
reported by Melissa Gumm.
Reminders:
November 17, 2021
The Chicago Coin Club Board met November 17, 2021, via web hosted video conference. President Lyle Daly called the meeting to order at 6:00pm CST with the following Board members present: Lyle Daly, John Riley, Melissa Gumm, Paul Hybert, Rich Lipman, Scott McGowan, Carl Wolf, Bill Burd, Deven Kane, Mark Wieclaw, Elliott Krieter, and Steve Zitowsky. Not Present was Jeff Rosinia.
Old Business:
New Business
President Lyle Daly adjourned the meeting at 7:24pm
Respectfully Submitted,
Scott A. McGowan, Secretary
Date: | December 8, 2021, Annual Banquet Meeting (reservations are required) In-person only. |
Time: | 6:00PM Cocktails (cash bar),
with complementary hors d’oeuvres.
7:00PM to 10PM Dinner and Meeting |
Location: | Maggiano’s
“Little Italy,” 240 Oakbrook Center, Oak Brook, Illinois 60523
(on the east side of the Oak Brook Shopping Center).
We are not supporting remote attendees – in-person only. |
Details: |
The cost is $74.
Early commitments and payments are greatly appreciated.
Our group will be meeting in the spacious Francesca room which
can accommodate 65 to 85+ people; we will have plenty of room
to accommodate members, spouses, guests, and friends of members.
We might seat 6 people, rather than 8, per table in deference
to Covid-19 concerns.
There will be a private cash bar in the room for those wanting
an alcoholic beverage.
Make your reservation by mailing your check (payable to Chicago
Coin Club) to P.O. Box 2301, Chicago, IL 60690; or by paying
electronically (see the Chatter Matter page for details).
Bring your face mask.
A face covering is required while not at your table.
• Our dinner will start off with a Classic Tomato Bruschetta, followed by a Classic Caesar Salad. • There will be three Entrees: Chicken Parmesan; Salmon with Lemon & Herb, Broccoli, and Crispy Vesuvio Potatoes; and Mom’s Meat Lasagna with Marinara. • Dessert will be served individually to each guest: Mini Cheesecake, Vera’s Lemon Cookies, or Chocolate Truffles. |
Parking: | Free. |
Program: |
Cliff Mishler —
Unbridled Perspectives on the American Numismatic Association and its Community Connections
CCC member and ANA Governor Cliff Mishler will provide an Insider’s view of today’s ANA. Current Club members serving as officers and governors in the ANA are invited to join Cliff at the podium for a forward-looking discussion around maintaining a parent organization that is vital and mutually beneficial. |
Agenda: | Award Presentations. |
Unless stated otherwise, our regular monthly CCC Meeting is both in-person, in downtown Chicago, and online on the second Wednesday of the month; the starting time is 6:45PM CT.
December | 8 | CCC Meeting - Annual Banquet - Featured Speaker - Cliff Mishler on Unbridled Perspectives on the American Numismatic Association and its Community Connections
At Maggiano’s “Little Italy,” 240 Oakbrook Center, Oak Brook. The cost is $74 per person. Early commitments and payments are greatly appreciated. In-person only. |
January | 12 | CCC Meeting - Featured Speaker - Jeff Amelse on Barbaric Imitations of Late Roman Coins |
February | 9 | CCC Meeting - Featured Speaker - Rick Ewing on Engraving Errors on Small Size U.S. Currency |
March | 9 | CCC Meeting - Featured Speaker - to be announced |
March | 10-12 | ANA’s National Money Show at the Broadmoor Resort, Colorado Springs, Colorado. Details at https://www.money.org/NationalMoneyShow |
April | 13 | CCC Meeting - Club Auction - no featured speaker |
April | 28-30 | 83rd Anniversary Convention of the Central States Numismatic Society at the Schaumburg Renaissance Hotel & Convention Center, 1551 North Thoreau Drive, Schaumburg, IL. There is a $5 per day admission charge, a 3-day pass for $10, and (maybe) free admission for CSNS Life Members. For details, refer to their website, https://www.centralstatesnumismaticsociety.org/ |
April | 30 | CCC Meeting - 1pm at the CSNS Convention,
which is held at the Schaumburg Convention Center.
No admission charge for our meeting.
Featured Speaker - to be announced |
http://www.ChicagoCoinClub.org/
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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
Payments to the Club, including membership dues,
can be addressed to the Treasurer and mailed to
the above address.
Renewing Members Annual dues are $20 a year ($10 for Junior, under 18). Annual Membership expires December 31 of the year through which paid. Cash, check, or money order are acceptable (USD only please). We do not accept PayPal. Email your questions to Treasurer.ChicagoCoinClub@GMail.com Members can pay the Club electronically with Zelle™ using their Android or Apple smart phone. JP Morgan Chase customers can send payments to the Club via Quick Pay. To see if your Bank or Credit Union is part of the Zelle™ Payments Network, go to https://www.zellepay.com Please read all rules and requirements carefully.
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