Volume 68 No. 7 | July, 2022 |
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In response to my article detailing my issues in remotely viewing online meetings, one club member told me of his difficulties. Although his experience was not as severe as mine, he did not see much of the meeting – his WebEx program ran the featured program and the Show and Tell parts of our meetings for two minutes before stopping. (His Internet access is with AT&T wires to his home, running at about 3Mbps.)
We tried an alternate way of presenting those two parts of our June meeting, but that caused problems for many users – before we went back to the prior method. Sorry about that. Our future experiments will not require that the remote attendees follow a long list of steps.
If anyone experiences problems during our next meetings, please email me with the details of your Internet access along with the observed symptoms. With more data points and symptoms, we can try to identify the cause of the problems – then we would have an idea of what needs changing to improve the experience. I checked with two remote attendees from our May meeting, and they experienced no problems – they also have (fast) Internet access provided by their cable company.
Paul Hybert, editor
The 1241st meeting of the Chicago Coin Club was called to order by President Lyle Daly at 6:45 PM CDT, Wednesday June 8, 2022. This was a hybrid in person and online meeting. Attendance at the meeting was 10 in person and 25 online for a total of 35 members.
Club Meeting Minutes and Treasurer’s Report
The May 2022 meeting minutes were approved with one correction of a Date typo in the Old Business section. Corrected version is published on the CCC website.
Treasurer Elliott Krieter submitted treasurer’s reports for the periods of April and May. The April Period had income of $3,144 (Dues, auction, product sales) and expenses of $772.50 (Chatter expenses, meeting room rent, Auction payouts) for a net April period of $2,371.50. The May period had income of $660.00 (Dues, Chatter Ad) and expenses of $3,651.26 (Chatter expense, meeting room, Auction payout, ANA 2022 expense) for a net May period of (-$2,991.36).
New Members and Communications
Secretary Scott McGowan announced there were no new membership applications, no guests at the meeting, and no club communications to report.
Old Business
New Business
First Vice President John Riley introduced the Featured Program: Mark Wieclaw on The Golden Age of U.S. Coinage, discussing the circulating money of the early Twentieth Century and President Theodore Roosevelt’s efforts to revamp United States coinage.
Second Vice President Melissa Gumm introduced the evening’s seven Show and Tell exhibitors.
The next meeting will be July 13, 2022, which will be both in person and online.
Lyle Daly adjourned the meeting at 8:36 PM CDT.
Respectfully Submitted,
Scott A. McGowan,
Secretary
a presentation by Mark Wieclaw,
to our June 8, 2022 meeting.
Although many say that the circulating money of the United States experienced a Renaissance during the early Twentieth Century, for this program, Mark chose the phrase “Golden Age” because the gold coins were the first to have their designs changed. President Theodore Roosevelt was the impetus for the change – he had selected accomplished sculptor Augustus St. Gaudens to make his 1905 inaugural medal, and also had asked about a redesign of the circulating coins. The silver coin designs shared many common elements, and the gold coin designs shared many common elements.
On a slide showing the 1837-1891 designs of the half dime, dime, quarter dollar, and half dollar, Mark asked us the question, “What could be more boring than four denominations with the same design…” The following slide, showing the Liberty Seated 20-cent and dollar designs, answered that question with “…Two more denominations with the same design!” The next slide, showing the dime, quarter, and half of the 1892-1915 Barber design, exclaimed, “Only three denominations with the same design, Yay!!!!”
We saw images of three of St. Gaudens’ large, outdoors sculptures: The Puritan in Springfield, Massachusetts; Diana in Brookgreen Gardens, South Carolina; and the figure of Victory as used on the Sherman Monument in New York. The latter concept of a striding figure would reappear on the St. Gaudens $20 gold piece. We saw slides of St. Gaudens’ two gold coins, the $10 eagle and the $20 double eagle. The $10 Indian coin is called that because the head of Liberty is wearing an Indian feather headdress on the obverse; a standing eagle appears on the reverse. The $20 coin was orinially struck in high relief, but the relief was lowered in 1908 because a stack of the high relief coins was taller than a stack of an equal number of $20 coins of the prior design – that complicated the counting methods used by banks and other handlers of large amounts of money.
To achieve the desired simplicity of the designs, IN GOD WE TRUST was not used on these coins at first – after the resulting outcry, Congress passed a law making the legend mandatory. Mark showed pictures of a unique piece – a $20 pattern using variations of the $10 Indian obverse and the $20 reverse – he likes this coin, and he noted that it was beyond his budget when he saw it years ago in an Apostrophe auction, and it remains beyond his budget now. The design of the $20 coin is popular, maybe even too popular with its over use on recent gold bullion pieces. That concluded the coverage of the gold designs which started in 1907 – on to the new design of the copper-nickel coin!
Mark next mentioned the sculptor James Earle Fraser (1876-1953), and showed a slide with bronze casts of his most famous sculpture, The End of the Trail. His contribution to our circulating coinage was the 5¢ nickel coin with the bust of a Native American on the obverse and a standing Bison on the reverse – the coin is commonly called either the Indian Head nickel or the Buffalo nickel. This design was introduced in 1913. There are two styles of the reverse: the bison stood on a mound early on, but that soon was changed to a line. A popular variety was accidentally produced while touching up a reverse die – by grinding off too much of the die’s field, one of the bison’s legs was removed! Mark showed an image of The Discoverers, a plaque by Fraser that is on the Michigan Avenue Bridge in Chicago, and a close-up of one of its figures – they appear to be very similar.
Now, on to the three silver denominations that received new designs in 1916. Although two were designed by the same sculptor, the designs are quite different! Mark started with pictures of Adolph Weinman (1870-1952) and his limestone Riders of the Dawn sculture located at Brookgreen Gardens, before showing his two designed coins. The Winged Liberty dime of 1916-1945 has a bust of Liberty wearing a soft cap with a wing. Mark showed two Roman Republican denarii with a bust (of Mercury?) wearing a helmet with a wing, to show the inspiration, or at least an earlier use of the design concept. This coin is commonly called a Mercury dime. Weinman also designed the Walking Liberty half dollar of 1916-1947 on which a walking Liberty, with an outreaching right hand and branches in her left hand, is in front of an unfurling American flag. This design has been extensively used on recent silver bullion pieces.
The Standing Liberty quarter dollar of 1916-1930 was designed by Hermon MacNeil (1866-1947), who spent part of his childhood in Chicago. We saw pictures of MacNeil and The Sun Vow in bronze, and the coins. Brief mentions were made of some aspects of this short series of a beautiful coin, from a bare breast in the first year to the design’s similarity to Victor D. Brenner’s 1909 medal for the Norman Wait Harris prize of the Art Institute of Chicago – both have a woman standing in an architectural entryway.
The “Peace” Dollar (1921-1935) was issued to honor the peace after WWI. It was designed by Anthony De Francisci (1887-1964), who had studied at Cooper Union in New York under Fraser, MacNeil, and Weinman. His wife, Theresa, served as the model. The coins dated 1921 are in high relief, but stacking and striking issues resulted in a lower relief being used for 1922 and later years.
Having completed the seven coin series he had listed at the start, Mark turned his attention to sculptor Laura Gardin Fraser (1889-1966). Born in Chicago, she married James Earle Fraser (a former instructor) in 1913. Mark started with pictures of her, her Pegasus sculture at Brookgreen Gardens, and her winning submission for the 1932 Washington quarter dollar (which was not used). Finally, that design was used on the 1999 $5 gold coin – it also appears in 2022 on the Washington quarter – better late than never! She also designed a number of commemorative coins – we saw the Alabama (1921) and Fort Vancouver (1925) halves, then the Grant (1925) silver half and gold dollar, and the 1947 MacArthur 50 centavos and one peso commemoratives of the Philippines. The program concluded with Mark’s favorite, and a Fraser collaboration – the Oregon half, which had its Wagon side designed by Laura and the Map side designed by James.
Chicago Coin Company |
Harlan J. Berk, Ltd. |
Kedzie Koins Inc. |
Items shown at our June 8, 2022 meeting,
reported by Melissa Gumm.
Reminders:
June 15, 2022
Host Chair Steve Zitowsky called the WebEx meeting to order at 7PM CDT with 8 members, and 4 more joined the meeting in progress. Club Secretary Scott McGowan was out of town and could not participate because he was at a business dinner. Steve asked Carl Wolf to take the minutes.
Opening Remarks by Steve:
Money Talks by Mark Wieclaw:
Collector Exhibits by Paul Hybert:
Ambassadors by Scott McGowan (unavailable).
Pages by John Riley:
YN/Scouts Workshop by Jim Ray:
Joint Dinner with the NY Club by Mark Wieclaw:
Open Discussion and Questions:
Meeting adjourned at 7:25 PM. The next and last meeting of the committee will be Wednesday, July 20, 7:00 PM CDT.
WFoM Dates at Donald E. Stephens Convention Center, Rosemont, IL:
August 15-20, 2022 (Monday-Saturday)
Note: Sunday, August 14 may be a workday for some!!
Respectfully Submitted
Carl Wolf,
Acting Secretary
The “Things, not Numismatic, to do” list is available online at http://www.chicagocoinclub.org/ANA2022TTD, or scan the QR code below.
Date: | July 13, 2022 |
Time: | 6:45PM CDT (UTC-05:00) |
Location: | Downtown Chicago
At the Chicago Bar Association, 321 S. Plymouth Court, 3rd or 4th floor meeting room. Please remember the security measures at our meeting building: everyone must be prepared to show their photo-ID and register at the guard’s desk. Because things can change between when this is written and we meet, please bring your face covering to the meeting – all attendees must follow the city’s and building’s rules. This will be another attempt at a regular in-person meeting in the Covid-19 era. We will try for a better experience than in the past, but please be prepared for possible diifficulties. |
Online: | For all the details on participating online in one of our club meetings, visit our Online Meeting webpage at www.chicagocoinclub.org/meetings/online_meeting.html. Participation in an online meeting requires some advance work by both our meeting coordinator and attendees, especially first-time participants. Please plan ahead; read the latest instructions on the day before the meeting! |
Featured Program: | Roxana Uskali —
The German Taler: Enlightenment and the Birth of Modern Coinage
The cultural significance of the German Taler, or Thaler, cannot be overstated – first minted in 1517, the Joachimstaler is the origin of what we know today as the “Dollar.” Roxana has particular interest in the so-called “Wildman” Talers as well as Mining Talers, and will elaborate on these distinctive variations. Join us to hear speaker Roxana Uskali, Director of Numismatics for Heritage Auctions’ Chicago office, discuss these historic coins and their impact on modern coinage. |
Unless stated otherwise, our regular monthly CCC Meeting is in downtown Chicago and also online on the second Wednesday of the month; the starting time is 6:45PM CT.
July | 13 | CCC Meeting - Featured Speaker - Roxana Uskali on The German Taler: Enlightenment and the Birth of Modern Coinage |
August | 10 | CCC Meeting - Featured Speaker - Lawrence Lee on Indian Peace Medals at the Denver Museum |
August | 16-20 | ANA in Rosemont, at Donald E. Stephens Convention Center. Admission is free for ANA members — for details, see http://www.worldsfairofmoney.com. |
August | 20 | CCC Meeting - Noon at the ANA Convention,
which is held at the Donald E. Stephens Convention Center, 5555 North River Road, Rosemont, IL.
No admission charge for our meeting.
Featured Speaker - Gilles Bransbourg on Inflation and Coinage in the 4th Century Roman Empire |
September | 14 | CCC Meeting - Featured Speaker - Jeffrey Amelse on Early U.S. Half Dollars, 1794-1839: A Study |
October | 12 | CCC Meeting - Featured Speaker - Steve Feller on Stagecoach and Post Office Scrip of the American Civil War |
November | 9 | CCC Meeting - Featured Speaker - to be announced |
Unless stated otherwise, these meetings will be online only.
July | 20 | Wednesday | 7:00pm |
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
Or email the Secretary at
Secretary.ChicagoCoinClub@GMail.com
Payments to the Club, including membership dues,
can be addressed to the Treasurer at the above
street 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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