Volume 71 No. 5 | May, 2025 |
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Session I of the 1275th meeting of the Chicago Coin Club was called to order by President Melissa Gumm at 6:46pm CDT Wednesday, April 9, 2025. This was an in-person and online meeting with 13 members at the CBA and 23 members plus one guest applying for membership remote, giving a total of 37.
Club Meeting Minutes
The March club meeting minutes were approved as published in the Chatter, both in print and on the CCC website.
New Members
Secretary Scott McGowan completed the second membership application reading for Alvaro Jacome of Calumet City, Illinois, a new coin collector. The club voted to approve membership. The first reading was completed for Elizabeth (Liz) Benge, a collector of Greek Coins of Sicily and South Italy, Numismatic Books, and African Currency. She is a member of ANA, ANS, and the International Primitive Money Society, and was referred to the club by Bob Leonard and Carl Wolf.
Treasurer’s Report
The March 2025 period Treasurer’s report was reviewed, with revenue of $93.00 (Dues, Rtnd Check) and Expenses $631.00 (Webex annual fee, Corporate Filing, CSNS Expense), for a period total of -$538.00. The report was accepted and approved by the club membership.
Old Business
New Business
Featured Program
Tyler Rossi on Bombing with Banknotes. After the presentation, First Vice President Deven Kane presented Tyler with an ANA Education certificate and a CCC Speaker’s Medal.
Show and Tell
Second Vice President Ray Dagenais announced the 12 Show and Tell presentations for the evening.
President Melissa Gumm recessed the meeting at 8:47pm CDT, to reconvene as Session II at 12:00pm on April 26.
Session II of the 1275th meeting of the Chicago Coin Club was called to order by President Melissa Gumm at 12:00pm CDT, Saturday April 26, 2025, in conjunction with the Central States Numismatic Society 86th annual convention in Schaumburg, Illinois. This was an in-person only meeting with 30 members plus three guests, with one applying for membership, giving a total of 33.
President Melissa Gumm called for a motion for an abbreviated agenda due to the meeting being at a numismatic show. The motion was approved.
Melissa issued a warm welcome to visiting guests and asked them to raise their hand or introduce themselves.
New Members
Secretary Scott McGowan reviewed the qualifications for membership and asked if any visitors wished to apply for membership. Scott completed the first reading of membership application for Howard Hecox of North Aurora, Illinois, a collector of Roman and US Coins, and was referred for membership by Adam Olszewski and Steve Zitowsky.
Due to the abbreviated agenda there was no Old and New Business discussions; however, one announcement was made regarding the upcoming 2025 ANA election for new officers. Official election ballots will be sent by the independent auditing firm on or before June 1, 2025 to all ANA members entitled to vote. Included are a pre-printed return envelope and candidate biographies/platforms. July 1, 2025 is the deadline – completed ballots must be received by the independent auditing firm. Visit http://www.money.org/election for more details.
Melissa turned the meeting over to first VP Deven Kane to introduce the featured program speaker, Mark Wieclaw.
Featured Program
Mark Wieclaw: The Princess and the Saint. The presentation discussed the career of Italian gem engraver Benedetto Pistrucci, and focused on his iconic St George and the Dragon design that has graced British coinage since 1817. In addition to the story behind the design, various design changes, and mint locations, Mark also discussed how the late Princess Diana is connected to the actual inspiration of this over two-hundred-year-old design.
After the presentation, Deven presented Mark with a CCC speaker’s medal and an ANA education certificate for his presentation.
President Melissa Gumm adjourned the meeting at 12:36pm CDT.
Respectfully Submitted,
Scott A. McGowan,
Secretary
presented by
Tyler Rossi
to our April 9, 2025 meeting
Explosives are not the only thing dropped on enemies from aircraft during wartime. In this presentation, Tyler Rossi gave us an overview of some of the types of “banknote” type propaganda leaflets dropped by US aircraft during the past 85 years. Although Tyler had stumbled upon this topic through Bosnian items, his program started with World War II.
In the Pacific, the US overprinted captured and counterfeited Japanese notes. The first note we saw was a 5 Pesos note issued by The Japanese Government (of the Philippines) – the back bears the four-line counterstamped message “I SHALL RETURN” • DON’T BLOCK THE ROAD • FOR THE FIGHTING MEN • GEN. D. McARTHUR
Noah showed us a photo of a large stock of captured currency in Tacloban, Philippines, to give us an idea of the large amount of paper notes that had been produced. Once US troops arrived and the locals were no longer forced to accept/use it, it was garbage.
In Burma, the Japanese government produced paper notes in various dollar denominations. One slide compared an original $10 note to a propaganda note, where the front had an added diagonal banner with a message that translates to Japanese money will die just like Japan. The back contains the same message stated in three different local languages (in latin alphabet, Arabic script, and Chinese characters): The Japanese have been chased out of Burma. Japanese currency in Burma is like waste paper, but British currency can be used again. … British currency will last forever, unlike the currency of Japan which will perish…
Also in Burma, the Japanese government produced paper notes in various rupee denominations. We saw a slide comparing the front side of a genuine and propaganda 5 Rupees note – the design elements were the same, but slight differences in coloring and quality were noted. The back contains only propaganda messages, in two boxes. The left box translates to: …The Military Government is issuing currency notes for your [the Japanese] use in Burma. Spend as much as you like … but don’t tell … people the secret of the money.. The right box translates to: Kachin! The Japanese are making these valueless notes for your use … Avoid these notes or you will be cheated!
In the summer of 1945 Japan was showered almost daily by aerial leaflets in such quantity that the Japanese people developed a kind of apathy towards them. We saw a slide comparing the fronts of a genuine and propaganda 10 Yen Japanese banknote – maybe good enough to pass in a rushed transaction in low light. The back has only text, translating to: JAPANESE! What good is money in the bank or in bonds? Buy articles you need now and … future use. The remaining supply is low. As a result of the bombing by America, many of your stores will close their doors … This was one of the four propaganda messages known on notes. After the war, Japanese officials stated this was a powerful message; some pieces were used in commerce.
The first shown propaganda note from the Korean War was loosely inspired by the design of a 100 won North Korean note. Tyler identified it as Leaflet 8529 – The Van Fleet Banknote; the English on the back states: Safe Conduct Pass. This certificate guarantees good treatment. (Signed) James A. Van Fleet, Commanding General, UN Forces in Korea. Two versions of the front message in Chinese are known, as well as two versions in Korean. These were mainly dropped by helicopters from a US battleship in 1951. The response from the Chinese and Koreans was to spread the word that the ink was poison!
That same 100 won note inspired the Ridgway Banknote Leaflet, with the front closely copying the original, while the back had messages in three different languages. The general message is: ATTENTION KOREAN / U.N. / CHINESE SOLDIERS. This official United Nations certificate is your guarantee of safety. When you decide to cease resistance, present this certificate to any United Nations soldier. My official instructions (in English center) order all United Nations soldiers to treat you honorably and well when you come over to the United Nations lines.
A close copy of a different note is on the front of a propaganda leaflet made by the 7th PSYOP Group and dropped over North Korea. The message on the back translates to: TO SOLDIERS OF THE PEOPLE’S ARMY - This … safe conduct certificate provides you with an opportunity for a new life … your present toil will never change until the Communist regime collapses … cross over to the South without hesitation … this certificate will guarantee your personal safety when shown to any … serviceman.
The first US leaflet that Tyler showed from the Vietnam War was identified as Leaflet number 12, a 50 Dong Propaganda parody. The genuine note was produced under poor conditions and looks it, much worse and different than the propaganda piece. It is called a parody note because the back parodies the Three Readies movement of North Vietnam in Vietnamese. In English, it reads: PARTICIPATE IN THE THREE READIES. 1. Ready to end the invasion of South Vietnam advocated by the Lao Dong Party. 2. Ready to retain the rice that the Lao Dong Party takes to exchange for weapons from Communist China. 3. Ready to oppose all hardships that the Lao Dong Party imposes upon you to support the war of invasion of South Vietnam.
The front of an original 5 Dong note shows a rural scene, a hut by water. A Propaganda Leaflet started with that scene, and added a standing woman holding a child in front of the hut. The back has a message that translates to: This leaflet has the value of a passport … people of all walks of life are requested to absolutely assist the bearer of this leaflet … and guide him to the nearest … agency of the government, which will take care of all procedures so that he can return and be united with his family.
Officially, the US does not counterfeit money of other countries. Getting close to the limit of that policy is a parody leaflet that includes a complete note, but slightly smaller, with extra paper on which the propaganda message appears – if the finder cuts off the propaganda part to obtain a very good counterfeit, that is on the finder. The “Inflation Series” of propaganda leaflets was made by the CIA. A 1 Dong parody note, with serial number TO 309592, has messages on the part that can be clipped off, messages that translate to: Money is worth less and less. As the war goes on, there will be less and less to buy. Prices will go higher and higher. Your savings will become worthless paper on one side and Beware of another monetary reform such as that of 1959. You may lose all your wealth, fruit of your sweat and tears on the other side.
Between 1987 and 1989, there were several attempts by POW/MIA activists to disseminate genuine banknotes in Vietnam and Laos with handwritten, stamped or printed messages offering rewards for the safe return of an American prisoner of war. On the back of a shown 5 Ruble note is a sticker in Vietnamese and English, offering a $2,400,000 reward for the safe return of an American prisoner of war; Tyler only has pictures of this note, not an actual one.
During Operation Desert Storm (1990-1991), more than 100 different types and varieties were made, with one source saying 29 million pieces were dropped. To maintain the “no counterfeiting” policy, the text and images of an original note are intentionally out of focus. We saw a genuine Iraqi 25 Dinar note, and a propaganda note using its front while the message on the back translates to: Saddam’s daily ration for you is? • The daily ration for coalition soldiers is: Breakfast: eggs, bread with butter, meat, two fruits, juice, milk, coffee, and tea. Lunch: meat, beans or potatoes, biscuits with cheese, candy, juice, and coffee. Dinner: meat, bread with butter, vegetables, cake, milk, juice, coffee, and tea. • Prisoners are fed the same meal as coalition soldiers.
On another series of leaflets, one of four messages appears on the back, translating to:
From the Kosovo War (1998-1999), Tyler could only show us Reward for Justice Banknotes, “wanted” posters on the backs of counterfeits.
During the Ukraine War (2014-present) both sides, Russia and Ukraine, produced propaganda notes. We saw fake Russian 1,000, 2,000, and 5,000 rubles notes made by Ukraine; both sides of the originals are used, with added messages in the left and right fields of both sides. The messages on the left are in Russian, while the messages on the right give a phone number to call, the names of apps (Whatsapp, Signal, Telegrám, Viber), and the 24savelife at gmail.com email address. Who needs a printed safe conduct pass when a smart phone can be used to arrange everything – there’s an app for that!
Tyler’s presentation gave us a small glance into what has been described as “bombing the enemy with ideas.”
[Tyler will speak on this topic as part of the Newman Numismatic Portal Symposium at the CSNS convention in late April, 2025. A video of that presentation should be available for online viewing about two weeks later. Visit https://nnpsymposium.org/ for the details.]
Sources
Chicago Coin Company |
Harlan J. Berk, Ltd. |
Kedzie Koins Inc. |
Classical Numismatic Group |
Items shown at our March 12, 2025 meeting,
reported by Ray Dagenais.
Reminders:
Date: | May 14, 2025 |
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. |
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! Although we try to offer a better experience, please be prepared for possible diifficulties. |
Featured Program: | Joshua Benevento —
Divine Kings and Bronze Eagles: A Numismatic Journey Through Ptolemaic Egypt
This presentation offers an overview of the Ptolemaic coinage issued from the early Hellenistic period to the end of Cleopatra VII’s reign. It explores the unique structure of the Ptolemaic monetary system, including its use of a closed economy and the Phoenician weight standard, which set it apart from other contemporary Hellenistic states. The talk will examine major coin types, highlighting how coinage functioned as a tool of economic control in Ptolemaic Egypt. The presentation dives into the iconography found on coins – most notably the idealized portraits, depictions of deities, and recurring symbols such as the eagle on a thunderbolt. These images were carefully designed to communicate messages of power, legitimacy, and continuity to both Egyptian and Greek audiences. We will conclude with a look at the final issues of the dynasty, specifically those of Cleopatra VII, whose coinage reflects her political savvy and the growing influence of Rome in the eastern Mediterranean. Participation in an online meeting requires some advance work by both our meeting coordinator and attendees, especially first-time participants. Please plan ahead; reread the latest instructions on the day before the meeting! |
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.
May | 14 | CCC Meeting - Featured Speaker - Joshua Benevento on Divine Kings and Bronze Eagles: A Numismatic Journey Through Ptolemaic Egypt |
May | 21 | CCC Board Meeting - Contact Secretary for time and venue |
June | 11 | CCC Meeting - Featured Speaker - Lianna Spurrier on to be determined |
July | 9 | CCC Meeting - Featured Speaker - to be determined |
August | 13 | CCC Meeting - Featured Speaker - to be determined |
September | 4-6 | ILNA 2025 Annual Coin & Currency Show at the Tinley Park Convention Center, 18451 Convention Center Drive, Tinley Park, Illinois 60477. Details, including hours and events, are available at http://www.ilnaclub.org/show.html |
September | 10 | CCC Meeting - Featured Speaker - to be determined |
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