Chatter


Volume 71 No. 10 October, 2025


Call for Club Auction Lots
November 12, 2025

The club auction is scheduled for 7PM, near the start of the regular November club meeting. Auction lot viewing will be held before the meeting starts, and again briefly before the auction starts.

We have a number of items already consigned, but we have space for some more items. You can place a reserve on each lot, and there is no commission charged to either the buyer or seller. See point 3 of New Business in the below Meeting Minutes for more details.

The auction will be called from our in-person meeting room. If you wish to bid but will not attend in person, please make arrangements with a fellow member: to bid for you, to pick up your won lots, and to pay for you.

The November Chatter will contain a list of all auction lots that are known to us by September 25. Bring your consigned lots with you to the November meeting – we will not accept shipped consignments.


Minutes of the 1280th Meeting

The 1280th meeting of the Chicago Coin Club was called to order by President Melissa Gumm at 6:45pm CDT Wednesday, September 10, 2025. This was an in-person and online meeting with 16 members and one guest at the CBA, and 23 members online giving a total of 40.

Club Meeting Minutes

The August club meeting minutes were approved as published in the Chatter, both in print and on the CCC website.

New Members

Secretary Scott McGowan reported no membership applications.

Treasurer’s Report

President Melissa Gumm reviewed the submitted treasurer’s reports for the periods of July and August as follows. July Revenue $320.00 (Dues) and Expenses $0.00, for a period total of $320.00. August Revenue $0.00 and Expenses $73.00 (Chatter), for a period total of −‍$73.00. Both reports were approved by the membership. There was a question on the listed CDs: have they been renewed?

Old Business

  1. Committee Reports:
    1. Special Projects – Lyle Daly has graciously taken over as chair of the committee.
    2. Hall of Fame – No report at this time.
    3. The Legacy committee – In absence of report it is assumed Josh is moving forward.
  2. 2025 ANA World’s Fair of Money in Oklahoma City, Oklahoma was well attended. Approx 10 members of the CCC were on hand, several as ANA National Volunteers. The Joint CCC-NYNC was well attended with 22 individuals. CCC member Jeff Rosinia was presented with the ANA’s Glenn Smedley Award.

New Business

  1. A Moment of Silence and Remembrance was held for the 24th year since the September 11, 2001 attacks on the United States.
  2. CCC member Robert Leonard discussed the International Numismatic Congress for September 12–17, 2027 at Goethe University, Frankfurt, Germany. Bob has attended several of these Congresses and he believes the CCC has reached a point, with members’ expertise, that many could present papers at this congress on topics they have covered at the club, and in doing so could bring special international recognition to the Chicago Coin Club. Additionally, papers are videotaped and become available on the Internet Archive, and the Proceedings of the Congress are published. Papers in the Proceedings are usually noted in the Survey of Numismatic Research, published in conjunction with each Congress. While it is an international event in Germany, CCC members could plan travels and lodging together to economize the expense, and being two years in the future gives time for planning.
  3. Rich Lipman presented information to the club about the upcoming November Auction. We are currently at 25 lots so there is plenty of room for more items. Typically, the CCC auction has between 50 and 60 lots. Any CCC member with items they wish to submit for the auction should contact Rich Lipman with a fully detailed list of items by September 25, 2025. Items submitted by club members can either be for consignment (the CCC member keeps the proceeds) or items can be donated (the auction proceeds go to the club). All bidding must be in-person, no online attendee bidding. All won items must be paid for and removed the night of the auction. Rich Lipman contact email is Debandrich95@sbcglobal.net
  4. Noah Graf reported that on the CCC discord chat there has been mention of an upcoming coin show September 23-27 2025 in Rosemont, Illinois.

Featured Program

Dennis Tucker on A Gallery of Abraham Lincoln in American Numismatics. Following the presentation, VP Deven Kane showed the CCC Speaker’s Medal and an ANA education certificate that will be sent to Dennis for his presentation at the CCC meeting.

Show and Tell

Second Vice President Ray Dagenais announced the 9 Show and Tell presenters for the evening; however, technical difficulties at two remote sites resulted in only 7 presentations.

Melissa Gumm reviewed upcoming numismatic events.

President Melissa Gumm adjourned the meeting at 9:02pm CDT.

Respectfully Submitted,
Scott McGowan, Secretary


Speaker’s Wor[l]d
A Gallery of Abraham Lincoln in American Numismatics

by Dennis Tucker
presented to our September 10, 2025 meeting

Dennis Tucker met Fred Reed twenty years ago. He’d been hired as publisher at Whitman Publishing in 2004. Fred, by that time, was well known and widely published. “By the summer of 2005,” Dennis recalls, “Fred and I were talking about ways we might collaborate to get him on board as a new Whitman author. Around June of 2007, he sent me a letter and pitched a manuscript for a new book on “Abraham Lincoln in numismatics.” Dennis’ September 10 presentation to the Chicago Coin Club was a remembrance of Fred Reed, who passed away in 2021, and a look at some of the images of Lincoln in Fred’s books.

The following are excerpts of the presentation.

“I remember Fred’s business card at the time. It said ‘Fred writes right.’ And boy did he! He’d started in his early twenties as a journalist in the United States Army, in 1970. Over a career of forty-plus years, he worked on the staffs of daily, weekly, monthly, and annual publications in five states and the Republic of Korea. He was a photographer, typesetter, and proofreader, editorial director, and vice president of publishing. He authored or coauthored sixteen books, and edited nine others. Among his favorite topics were Christianity, the Civil War, and the subject of today’s talk, Abraham Lincoln.”

Dennis described Fred as “definitely the right author at the right time.Think back to 2007. Excitement was starting to build toward the 2009 bicentennial of Lincoln’s birth. Congress had authorized – and the United States Mint was planning – a suite of four new pennies for the bicentennial year, to be followed by a completely new reverse design in 2010. At Whitman headquarters, Q. David Bowers and I had started serious discussion and planning for a Guide Book of Lincoln Cents, which would become volume 9 in the Bowers Series. Naturally, I was eager to write up a publishing agreement for Fred Reed.”

Fred’s manuscript became the book Abraham Lincoln: The Image of His Greatness, published in 2009. His concept expanded into Abraham Lincoln: Beyond the American Icon, which followed in 2013.

Fred Reed’s Lincoln collection included some 4,000 items. Dennis described his interest in Abraham Lincoln as “a healthy obsession.”

“Fred was well known for his attention to detail,” Dennis noted. “He had been researching, studying, and writing about Abraham Lincoln for more than fifty years. When he was a kid he would sit at the dinner table with his dad and look at Lincoln cents from their pocket change, and organize them into blue Whitman coin folders. For Fred’s entire life, Abraham Lincoln was a constant presence on American money. He connected Lincoln’s history to the president’s numismatic legacy, something no one had ever done in such detail. Fred told me he agreed with the late governor of Illinois, Henry Horner, who said, ‘A man can have no finer hobby than an interest in Lincoln and all that he stood for.’”

In his first book, Fred Reed studied the popular image of Abraham Lincoln, in four main parts:

Dennis presented several images that were favorites of Fred Reed, as well as some of his own favorites. Here are a few examples from each of Fred’s four categories:

Abraham Lincoln, 1809 to 1865

Said Dennis: “This is the era of Lincoln’s life. His image enters mainstream awareness as he takes to the national stage. Some images are used to promote and praise him. Others, like countless political cartoons, criticize the president, making him a devil or a buffoon.”

He showed photos of the “Thou Art the Man” medal, one of many political pieces that promoted Lincoln as “the right man in the right place” during and after the 1860 presidential campaign.

“Lincoln was beardless when he ran for president,” Dennis said. “He didn’t grow his famous chin-whiskers until after the election, before he was sworn in. Engravers and printmakers and other artists were caught off guard. Suddenly their clean-shaven portraits were yesterday’s news! If they had the skill, and a steady hand, they could take an old portrait and carefully carve on a beard.” He illustrated this with “before” and “after” engravings by Philadelphia artisan Samuel Sartain.

In the realm of paper money, Dennis said: “In early 1861 Lincoln was the president-elect. The nation’s private bank-note companies had to scramble to create new bearded portraits to compete for government printing work. These would be used on federal bonds, and bank notes. The National Bank Note Co. quickly engraved a portrait that was approved for use on $500, six percent, 20-year bonds. Its competitor, the American Bank Note Co., also quickly made a portrait, by Charles Burt. On March 30 this was approved for use in printing government securities.” He showed photographs of a roller die that was used to impress Charles Burt’s Lincoln portrait on die plates for currency production.

Fred Reed called Charles Burt’s portrait “the most important engraving of Abraham Lincoln.” It was the first depiction of Lincoln on federal currency. It circulated on millions of $10 Demand Notes and Legal Tender Notes during and after the Civil War. “This helped establish Lincoln’s identity,” Dennis observed, “and cemented his image in the mind of the American public. As Carl Sandburg wrote in 1940, ‘On the 50-cent greenbacks and on the $10 bill, a steel engraving representing Lincoln’s face became familiar to all who looked at it.’”

Another medal that Dennis discussed is one that Fred Reed called “the outstanding official medal of Lincoln’s lifetime” – the 1862 Indian Peace medal. These were made at the Philadelphia Mint to be given to Native American tribal allies as gifts of friendship from the United States. Dennis illustrated the type with a silver three-inch version minted in 1863.

He noted: “Fred criticized Salathiel Ellis’s portrait of Lincoln, calling its haircut a ‘soup bowl,’ and the beard ‘aggressive.’ He said Lincoln’s clothes looked like a smoking-jacket robe, and the rounded-off bust like a Weeble wobbly toy.” In the background of the reverse, Dennis pointed out, people are playing a stick-and-ball game that some observers see as an early form of baseball. And he noted a design detail that’s disturbing, especially on a Peace medal: the Indian at the top-right is being scalped.

Among the other pieces Dennis discussed in the “Abraham Lincoln, 1809 to 1865” category were an encased portrait that John Gault intended to sell by the millions; and an 1864 presidential campaign medal by Anthony C. Paquet (one of the few private, political medals actually struck by the Philadelphia Mint).

Lincoln, the Ideal, 1865 to 1909

“In this period,” Dennis said, “Lincoln is recently dead, and, as Secretary of War Edwin Stanton said, ‘Now he belongs to the ages.’ He’s mourned by the nation; and with this comes Apotheosis, or deification. Lincoln the ‘martyr victorious’ is crowned, and ascends to heaven.”

“Among the medals issued to memorialize Lincoln,” Dennis said, “the most celebrated is the solid-gold piece presented in 1866 to his widow, Mary Todd Lincoln, on behalf of the people of France.” He illustrated the type with a bronze example of the kind struck for presentation to dignitaries and for sale to the public.

Fred Reed called this medallic portrait “superb,” noting that Lincoln’s hair, brows, and beard detail, even the veins in his temple, were rendered with absolute precision. The unique gold medal was paid for by subscription of more than 40,000 French citizens. It measures 3¼ inches in diameter, is half an inch thick, and weighs nearly 17 ounces.

“For many years the location of the gold medal was uncertain,” Dennis said, “and it was rumored that Mary Todd Lincoln had it melted when she was in financial distress. But about fifteen years ago it was digitally scanned as part of the Abraham Lincoln Papers in the Library of Congress, where it currently resides. Also in that collection is the presentation letter to Mrs. Lincoln, giving her ‘the homage of our profound respect.’ The letter was written by French author Victor Hugo.”

Lincoln, the Idol, 1909 to 1959

“In this era our reverence of Lincoln reaches new heights,” Dennis said. “We admire him, we want to be like him. And 1909 launches a new stage of Lincoln being everywhere, all the time. Every man, woman, and child sees him nearly every day – if not on a $5 bill, then on a one-cent coin, as humble as the log cabin he was born in.”

This era began with the celebrations of Abraham Lincoln’s birth centennial in 1909. Dennis discussed a sculptural work by Victor David Brenner, creator of the 1909 Lincoln cent. It was a beardless bust of Lincoln that Brenner made around the same time his new penny portrait debuted. The bust was part of the artist’s studio collection until his death in 1924.

Dennis showed a painting of Lincoln from that era. “I remember one day in 2008,” he recalled, “a large, very carefully wrapped package arrived at my office at Whitman headquarters in Atlanta. Inside was this framed 20- by 24-inch oil painting by artist Vincent Aderente. It came from Fred Reed’s personal collection and he was excited to have it photographed, to feature it on the cover of his book.”

Vincent Aderente was born in Naples, Italy, in 1880, and his family came to America when he was nine years old. “To Fred,” Dennis said, “this painting embodied the story of an immigrant who was drawn to the legacy of the greatest American president. Fred opined that the painting was made for the Lincoln centennial in 1909. It was obviously influenced by the Anthony Berger photograph that was also used by Victor David Brenner for the Lincoln cent.”

Another coinage connection: Dennis showed the original plaster model of a seated statue of Lincoln by James Earle Fraser, who collectors know as the designer of the 1913 Buffalo nickel. “This model was bought in 1968 by the National Cowboy Hall of Fame and Western Heritage Center in Oklahoma City,” Dennis said. “It was an expensive acquisition. But museum director Dean Krakel said, ‘the Lincoln statue was vital to the exhibition, and, except for End of the Trail, more important than any other single work in the Fraser Studio Collection.’”

To illustrate the idolization of Lincoln in this period, Dennis showed the premiere issue of Lincoln Lore, first published in 1929. This “was started by Dr. Louis A. Warren as a weekly one-sheet to spread the Lincoln gospel to the nation’s press by supplying content suitable for publication,” Dennis said. “Fred Reed assembled one of very few complete sets of Lincoln Lore. His collection included all 1,894 issues that came out before the newsletter was abandoned by its publisher in 2008, on the eve of the Lincoln bicentennial. It started up again in 2010.”

Illustrating a bit of exonumia from 1953, Dennis showed a “wooden nickel” that celebrated the 100th anniversary of Lincoln, Illinois. It proudly declares that Lincoln was “the only city in the United States named for Abraham Lincoln before he became famous.”

Dennis showed a 1920s whiskey label that used an iconic Lincoln portrait Americans would have known from the $5 bill of that generation. He quoted Fred Reed’s observation of the power of Lincoln in marketing: “To work successfully, advertising must strike a resonant chord in the viewing public. Americans are thoroughly inculcated with the universal image of Abraham Lincoln, his biography and character. The Lincoln icon is a shorthand symbol that advertisers can employ to quickly suppress viewer resistance and close a sale.” The subtext of the whiskey label, Dennis said, is clear: Old Empire Straight Whiskey is as reliable as Honest Abe.

Lincoln, the Icon, 1959 to 2009

Of this era Dennis said, “Here we see Lincoln transformed. The iconography of Lincoln, his visual appearance, is appropriated for secondary purposes. He’s used to advertise computers, insurance, pharmaceuticals, and more. His face becomes marketing shorthand for integrity, honesty, and good value. And it’s also used in some strange ways.”

Dennis presented a case study of what Fred Reed called the finest of all Lincoln photographs, the so-called “Gettysburg Lincoln.” “On November 8, 1863,” he said, “President Lincoln visited Alexander Gardner’s photo studio in Washington, DC. This was eleven days before his famous speech at Gettysburg. Gardner had Lincoln’s unruly hair brought to order. The president’s suit was pressed and neat. He sat upright. The photographer took many portraits of Lincoln that day. This one is both dramatic and intimate.”

Surprisingly, Dennis noted, before 2009 it had never been used on federal paper money, stamps, or other official obligations. In 2009 a cropped version was used to illustrate one of four commemorative U.S. postage stamps.

“Then, finally, it did inspire a coin,” Dennis said, “specifically, Abraham Lincoln’s 2010 entry in the Presidential dollar series. Sculptor-engraver Don Everhart used Gardner’s photograph as the basis for his design. It was the first fully facing portrait ever used in United States coinage. Fred Reed loved this coin. He called it a masterpiece – and he said it completely destroyed the Mint’s former unwritten, and unreasonable, rule against front-facing portraiture. He said, ‘Don Everhart is to be commended for providing the American people with a truly stunning interpretation of Lincoln, and a wonderful addition to our nation’s coining heritage.’”

Dennis recalled Fred lamenting that most Americans will never see and hold this coin, even though 97 million were minted. “The reason is because most Americans prefer paper dollars, and the paper $1 bill is still being produced. Most Presidential dollar coins minted for circulation ended up sitting in bags in Treasury and Federal Reserve vaults.”

Dennis gave several other examples of uses of the Alexander Gardner “Gettysburg Lincoln” portrait. An engraving of it was used in 1965 in an advertisement for the United States Banknote Corporation. “The engraving showcases the firm’s creative work,” Dennis said, “but it’s also an example of advertising shorthand. The image of Abraham Lincoln is more than just a face – it’s used to embody the very concept of integrity.”

“Today we’re so familiar with the image of Abraham Lincoln that we can play with it,” Dennis said. He recalled absurdist print and television advertising campaign from 2006 that took Lincoln’s familiar image far afield: “A groggy man with insomnia is visited by characters from his past dreams. They miss him, and they want him to take a sleep aid. The main characters are a talking beaver, and Abraham Lincoln playing chess. The ads were confusing as hell, but they caught the public’s attention.”

He showed another print ad, for Orange-Flavored Abraham Lincoln Head lollipops. Dennis questioned what such ads really have to do with Abraham Lincoln, the man who freed the slaves and won the Civil War. “Is this the man who preserved the Union, and paid for it with his life?” he asked rhetorically. “Or is this him?” He concluded the 1959 to 2009 era with a photo taken by Alexander Gardner on February 5, 1865. “The glass negative cracked,” Dennis said, “and the resulting prints show the fault – some say it was a foreshadowing of the assassin’s deadly shot to the president’s head, two and a half months later. Cracked plate or not, you can read a million stories in Lincoln’s face, aged by political turmoil and by war.”

Dennis mentioned that Fred Reed’s second book on Lincoln in numismatics debuted in 2013. “It was even bigger than the first,” he said, “and we brainstormed other new books. In November 2013, Fred sent me a proposal for a richly illustrated biography of James Earle Fraser and Laura Gardin Fraser. He called them ‘the first family of American sculpture and coinage.’” Then, Dennis recalled, “a month later, in December of 2013, Fred suffered a massive stroke.”

“In January 2014 his daughter let me know that Fred was seriously ill and focusing on his recovery. Fred and I communicated only very rarely after that. He never really recovered and he passed away seven years later. Fred’s daughter said she knew he woke up in Heaven after his final stroke in July of 2021, ‘swinging his arms and snapping his fingers the way he had done when he was happy.’ It’s been four years now since Fred Reed was buried with full military honors at the Dallas / Fort Worth National Cemetery.”

After this first part of his presentation, Dennis discussed some Lincoln coins and medals made since 2009, when Fred’s first book was published.

“Impressive” was Fred Reed’s word for the 2009 silver dollar commemorating the bicentennial of Lincoln’s birth. The obverse portrait, designed by Justin Kunz and engraved by Don Everhart, was inspired by Daniel Chester French’s famous sculpture of the president that sits inside the Lincoln Memorial in Washington. “It’s a portrait of quiet strength and resolve,” Dennis said, “one of my favorite coinage portraits of the modern era.” The reverse features 43 words from Lincoln’s Gettysburg Address, “beautifully laid out and decorated, designed and engraved by Phebe Hemphill.”

Dennis noted that mintage was limited to 500,000 across all product options. “The coins went on sale in February and sold out within six weeks,” he said. “This coin was a blockbuster. How often do commemoratives these days even reach sales of 100,000, much less half a million?” Surcharges from the sales were paid to the Abraham Lincoln Bicentennial Commission to further its work in planning the celebration of Lincoln’s bicentennial and the continued study of his life.

Dennis then explored a new program launched by the United States Mint in 2018, producing silver Proof versions of its historic Presidential medals. Each medal weighs 1 ounce and is made of 99.9% silver. The Abraham Lincoln medal features a profile portrait by George T. Morgan. The reverse has biographical text with oak and laurel decorations, and a wreath circled by a serpent with its tail in its mouth – an ancient symbol of immortality.

“I know Fred Reed would be pleased, and not at all surprised, to learn that the Lincoln medal is one of the best-sellers in this series,” Dennis said. “Sales have reached 20,380. Only four presidents have outsold Lincoln: George Washington (36,529), Thomas Jefferson (24,962), and John Adams (24,136).” He noted, however, that the Lincoln medal went on sale in May 2023, so it’s been available for less than 2½ years, while the Washington, Adams, and Jefferson medals have been on sale for almost 7 years.

“If we look at medal sales averaged over time,” Dennis said, “Adams has averaged 287 per month, Jefferson 297, Washington 434, and Lincoln the highest average of 728. In another context: Lincoln sales are 60% higher than both his predecessor, James Buchanan, and his successor, Andrew Johnson, both of which also went on sale in 2023.”

He then made an illustrated case study of the four new cents minted in 2009 for Lincoln’s bicentennial. The coins celebrated his birth in 1809 and stages of his life and career. “This coin program had such promise,” Dennis said, “but it turned out to be one of the biggest disappointments in modern U.S. coinage. There was no organized national effort to promote collector interest. Even if there had been, people rarely found the new cents in circulation. Their distribution was widely scattered and seemed haphazard. If you wanted to build a set from pocket change, like you could with the State quarters, you’d face real challenges.”

He described the mintages as very low, especially for a subject with such universal appeal: “Combined, the four 2009 cents amounted to 2.35 billion coins. Sounds like a lot. But it’s far less than half the coinage of cents in 2008, and about a third of 2007.” What was to blame? Dennis noted, “The economy was lagging, so commercial demand was low – the United States was in a recession. And there was already a backlog of cents in the Federal Reserve’s supply chain.”

He gave the third coin in the series as an example. It illustrates Lincoln’s “Professional Life in Illinois.” The Philadelphia Mint struck 316 million for circulation. In Colorado, the Denver Mint made another 336 million. “With more than 650 million Illinois cents minted for pocket change,” Dennis said, “you might expect these coins to be common – but they’re surprisingly scarce in circulation. Even a quantity that large is only two coins for every man, woman, and child in the United States. In other words, if you own a roll of 50 of these coins, you’re hoarding the lifetime allotment for yourself and 24 of your neighbors.”

As a final case study of Lincoln in American numismatics, Dennis told about the April 2009 meeting of the Citizens Coinage Advisory Committee. The CCAC reviewed more than a dozen design candidates for what would be a new reverse for the Lincoln cent, starting in 2010. “This was another big deal,” Dennis said. “The new coin would take its place as the next generation’s Wheat cent or Memorial cent.” The legislation for the new design aimed to recognize President Lincoln’s preservation of the United States as a single and unified country.

Dennis explained the process by which the CCAC reviewed and analyzed the design candidates for the 2010 cent, finally recommending Design 13, the Union Shield. He pointed out that Treasury Secretary Timothy Geithner had the final say and he also chose the Union Shield, “and that’s the one-cent coin we’ve had for more than 15 years now.”

Designer Lyndall Bass was a member of the Artistic Infusion Program, and “this is her only work that’s been featured on a U.S. coin,” Dennis said, “but what a start! With more than 50 billion cents minted since 2010, it’s one of the most widely seen works of modern American art. It’s not a portrait of Abraham Lincoln. But it’s a symbol for his greatest achievement, and in that sense a uniquely important numismatic image of his presidency.”

The Lincoln cent continues to lead what Dennis calls “a dual life” – the most popular “classic” collector coin and also one of the most popular modern coins. “The cent is the coin that helped make the image of Abraham Lincoln ubiquitous – everywhere, all the time, seen and recognized by everybody,” Dennis said. “From personal experience working as Whitman’s publisher, I know that many active hobbyists collect Lincoln cents. So do people who don’t consider themselves numismatists, but simply enjoy saving interesting coins. Measured by reader interest, ongoing numismatic research, and sales of folders, albums, and other hobby supplies, I’d say that only the State quarters have matched their broad popularity among currently circulating coins.”

He says there are so many Lincoln cents in circulation, there’s no danger of them disappearing any time soon. “And the recent decision at the Executive level to stop minting them – which is a suspension of coinage, not an end to the denomination – could even increase their popularity.”

# # #

Dennis Tucker can be contacted at dtucker@americannewsagency.org.


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Show and Tell

Items shown at our September 10, 2025 meeting,
reported by Ray Dagenais.

  1. Robert Leonard began his presentation by mentioning that Chase bank recently revised their procedures for accepting third-party checks, requiring the maker of the original check to be present if the check is to be cashed – and some banks refuse them under any circumstances. This is due to a rise in fraud with such checks, which is a great pity because serial endorsements were once a backbone of commerce. Bob showed a Bill of exchange for 80 Spanish Mill’d Dollars issued at Port-au-Prince, St. Domingo (now Haiti), 3 April 1797, drawn on Messrs. Dutilh & Wachsmuch, Philadelphia, payable in New York 15 days after sight. This firm of West Indies merchants was active during the administration of President Adams. Following the endorsement of the original payee, Victor de Chabot, are four other endorsements in French and English. It was accepted and paid 20 June 1797 and then cancelled.
  2. Noah Graf began his presentation by mentioning that Harlan Berk’s was recently selling several discounted numismatic titles.
    1. Noah purchased a 1979 German work, Die Typologie der römischen Konsekrationsprägungen, on the “consecration issues” of deified emperors in Ancient Rome by Peter N. Schulten. The imperial cult of divine forbearers – not of the living ruler but of the long chain of past deceased emperors – is an interesting historical phenomenon, the study of which is often substantially rooted in numismatics. It was that historical interest that led him to purchase the book.
    2. Noah showed his recently purchased first coin of a deified emperor – a brass dupondius of the first deified emperor, Augustus. The obverse has a bold and well-centered strike of the radiate bust of Augustus, surrounded by the legend Divus Augustus (DIVVS AVGVSTVS in good latin). The rays of the radiate crown are subtle, barely noticeable against his hair; a radiate crown was then symbolic of god-hood. The reverse shows a seated figure (Augustus?) enthroned in the curule chair of high office, surrounded by the legend CONSENSV SENAT ET EQ ORDIN P Q R, for “By consent of the Senate, and of the Equestrian Order, and of the Roman People” – a somewhat unusual mention of the Equestrians (sometimes characterized as an ancient ‘middle class’ of sorts) in the traditional formula of sovereignty. There is a surprising amount of confusion over attribution for this coin, but with little substantive debate. Most works state that this coin was struck under Augustus’ great-grandson Gaius (Caligula), a prolific issuer of coins for his deceased ancestors. However, Schulten’s book assigns this issue to Claudius, probably (but not expressly) because there exists another issue with the exact same obverse but with a reverse dedication to Augustus’ deified wife Livia, and that issue must be assigned to Claudius as the emperor who ordered her deified. Cohen in 1880 held that this issue was struck under Tiberius. Noah tends to side with Schulten’s assignation to Claudius.
  3. Deven Kane showed a range of items.
    1. A lot of four silver coins, in classic Muslim style, of the Eretnid dynasty which ruled an Anatolian beylik (principality) for less than 50 years, from the collapse of the Ilkhanate to its takeover by the Ottoman Empire. These are silver akces from the Erzincan mint (AH 743-753/1343-1352 AD) bearing the name of Ala al-Din Eretna (AH 736-753), the founder of the dynasty who had been an office of the Ilkhanate. The coins are posthumous issues minted by his successor, Ali Beg (1366-1385), with a countermark validating the coins for circulation. On one of the coins, the countermark design was actually part of the used die – this coin has no flat spot on the side opposite the countermark. Today, Erzincan is the capital of Erzincan Province in eastern Türkiye.
    2. Continuing the theme of allegorical figures, an 1860 taler from Frankfurt featuring a bust of Francofurtia, an allegorical female figure designed by the sculptor August von Nordheim. The actress Fanny Janauschek supposedly served as the model.
    3. A 1794 Conder Token mocking revolutionary France. The central device on the obverse is a foot; surrounded by the words FRANCE, RELIGION, HONOR, and GLORY in a square of daggers; all enclosed by the legend A MAP OF FRANCE. The reverse has the legend MAY GREAT BRITAIN EVER REMAIN THE REVERSE.
  4. Tyler Rossi showed a propaganda note issued by opponents of the Bolsheviks. After the Bolsheviks seized power, they faced fierce opposition from several rival factions, most prominently the White Army. Its Osvag (Informative Agency) group promoted the White cause, exposed Bolshevik abuses, and discredited Communist rule. The propaganda note consists of a Russian State Treasury note (so-called “Pyatakov” notes) of 1918 which had been deliberately invalidated by punching irregularly shaped oval holes and later stamping them with anti-Bolshevik slogans in black ink. Tyler gave the translation of the slogans on the reverse as: “Down with Pyatakovsky … and Leninist Money!” above and below a box containing “The commissars deceived us. They made a lot of money, and now you can’t buy a dog for these signs.”
  5. Joe Boling showed Jewish resistance rubber stamps on Polish notes (allegedly at the time of the Warsaw uprising, August-October 1944). Unfortunately, most of the ones in the market today date from the 1980s and were made with xerographic copiers (before laser and inkjet printers existed) onto the notes. We saw notes in denominations of 100, 5, and 1 zloty. Joe recommends use of a 20-power magnifier when examining these notes, or any potential fakes, and showed examples of original and faked overstamps. The fake overstamps show toner dots and ragged edges on the inked parts; the copiers used black toner, while shown genuine overstamps are brown and blue; and when the applied toner (plastic) is thick and heavy, the resulting overprint is shiny and reflects light from on top of the paper, while the ink used on genuine overprints was absorbed into the paper. Of the eight notes in three auction lots recently received, only two overprinted notes were geuine. Joe returned two of the lots, and added the remaining four notes to his collection: two genuine and two fake.
  6. Mark Wieclaw showed a range of items.
    1. A gold cup-shaped Hyperpyron of John II Comnenus (1118-1143). Mark believes its dies were engraved in error, with the image of Christ on the concave side (reverse) and John II being crowned by the virgin Mary on the convex side (obverse) – totally reversed from the usual. This is the only example known to Mark. A club member offered a different scenario: the coin was originally struck flat, and then was made cup-shaped – this requires only one error, in orienting the flat coin on the cup-shaping equipment, instead of the production of erroneous obverse and reverse dies and their subsequent use.
    2. A US $20 bill with the serial #PC 01956605 F. The date June 5, 1956 has the following significance:
      1. Ken Gorelick (Kenny G.) is born
      2. Federal court rules that segregation on buses in Montgomery, Alabama is unconstitutional.
      3. President Eisenhower signs the Federal-Aid Highway Act of 1956, leading to the Interstate Highway System.
      4. Elvis Presley’s appearance on the Milton Berle show creates controversy with his gyrating hips.
    3. Mark offered an update on his August S&T showing of the “error” medals that he had created at the Denver Mint in 1989. Another group appeared the next week, in an exhibit at the ANA convention in Oklahoma City. Although Mark could not travel to that show, someone sent Mark a picture of that one-case exhibit, which was displayed by one of the junior members in the 1989 tour group. Two exhibits within a week, 36 years after the event! Mark posed the question to us, “What are the odds?”
  7. To complement the meeting’s featured presentation, Jeffrey Amelse showed Civil War Tokens depicting Lincoln.
    1. OBV: Lincoln facing left surrounded by 13 stars with 1864 at the bottom. REV: A large O.K. surrounded by a chain of 13 links.
    2. OBV: Lincoln facing right surrounded by 35 stars with 1864 at the bottom. REV: An eagle surrounded by Lincoln and Union with wreath branches at the bottom.
    3. OBV: Lincoln facing left surrounded by 13 stars with 1864 at the bottom. REV: Shield with OUR above and UNION below, and a star to the left and right of the shield. (Typical weak strike.)
    4. OBV: Lincoln facing left surrounded by 13 stars with 1864 at the bottom. REV: Lincoln on a horse monument surrounded by First in War/First in Peace, with 1863 at the bottom.
    5. OBV: Lincoln facing right surrounded by Abraham Lincoln for President. REV: Andrew Johnson facing right surrounded by Andrew Johnson for Vice President.
    6. OBV: Stephen A. Douglas facing right surrounded by Stephen A. Douglas. REV: JEWELLER across the center with H. Upmeyer and a decoration above and Milwaukee and a decoration below.
    7. Side 1. Lincoln facing right. Side 2. Washington facing right.

Reminders:


Minutes of the Chicago Coin Club Board

August 27, 2025

CCC President Melissa Gumm called the online meeting to order at 6:04pm CDT. In attendance were Melissa Gumm, Deven Kane, Ray Dagenais, Paul Hybert, John Riley, Mark Wieclaw, Steve Zitowsky, Bill Burd, and Tyler Rossi.

Old Business

  1. Mark Wieclaw and Melissa Gumm will confirm with Lyle Daly the take-over of the Committee Chair position of the Special Projects committee.
  2. Melissa Gumm will follow up with Lyle Daly and Elliott Krieter regarding outstanding tech issues and equipment purchases. Elliott needs to let Melissa know how to proceed; Melissa wants to have this issue resolved by the end of this year.
  3. Several members could not open the proposed member survey, to identify memberships in other associations and other numismatic details. Scott McGowan will take care of this issue.
  4. Mark Wieclaw and other 2025 December Banquet Committee Members visited the Elks Club in Des Plaines, Illinois. Their impression was that the facility would serve well for the CCC banquet. The projected cost per person was approximately $40 to $50. The banquet time and location decisions will be finalized upon Scott McGowan’s return. The banquet will be held in-person only, no online access will be provided. Discussion ensued regarding banquet speaker and topic; options addressed ranged from a traditional topical lecture format to a more open type of presentation, including a number of speakers talking about their collecting endeavors. Deven Kane will work on these items.

New Business

  1. Scott McGowan is working on the creation of a document containing all club assets with date acquired, model, and serial number.
  2. Melissa Gumm spoke to Scott McGowan and he will send an official letter to the ANA executive director Kim Kiick, requesting to be the host club for the 2027 ANA Convention in Chicago. It was mentioned that the 2028 WFoM likely will be held in Rosemont, Illinois.
  3. It was decided that the CCC will not commit to manning a table at the September ILNA Coin show.
  4. Deven Kane and Rich Lipman have agreed to organize the 2025 CCC November Auction. Deven is looking for CCC related items that members might be interested in bidding on. Bill Burd has about 25 CCC related medals for the auction. Any 100th CCC Anniversary Numismatic Treasure Bags (in the club’s possession) would be welcome items to be included in the auction.
  5. Some CCC members agreed to help distribute John Kent’s workshop flyers. Mark Wieclaw will ask John for some flyers at the upcoming Tinley Park Coin Show.
  6. Discussion took place regarding ownership of items displayed in Show and Tell presentations. It was generally expected that items displayed through Power Point presentations (and in person) would be owned by the presenter; shown items that are not owned by the presenter would be identified as to their provenance.
  7. Removing names of individuals not having paid their membership dues was confirmed.
  8. The CCC should be looking forward to celebrating the 1300th meeting of the Chicago Coin Club, to take place on May 12, 2027.
  9. Steve Zitowsky will contact a potential featured speaker who can present on the “Short Snorter” Project.

President Melissa Gumm adjourned the meeting at 6:58 pm CDT.

Respectfully Submitted,
Raymond J. Dagenais, Second Vice President

2025 Future Board Meeting: November 19.


Our 1281st Meeting

Date: October 8, 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: Dale LukanichLast and First – Currency Issued by the Fourth Oldest Bank in Illinois
Morris Illinois was a prime spot for commerce in the mid-1800s. The Illinois & Michigan Canal was located to the south of town, and new railroad tracks to the north. In the early 1860s the country and economy were going through major changes due to the civil war. The federal government&srquo;s banking system had collapsed in 1836, leaving citizens wondering what was on the economic horizon. Gold, silver, and copper coinage were in short supply. The federal paper currency was not much better. Grundy County in general, and Morris in particular, was feeling the same pinch. A local Morris bank issued state backed paper currency for a short time until Abraham Lincoln and the Secretary of the Treasury came up with a plan for the country, The National Bank Act of 1863. Now a new bank in Morris could issue National Bank notes backed by bonds to keep the Grundy County economy moving. See and hear the stories surrounding the last of the obsolete currency, and the first of the National Bank currency, issued in Grundy County.

Important Dates

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.

October 8 CCC Meeting - Featured Speaker - Dale Lukanich on Last and First – Currency Issued by the Fourth Oldest Bank in Illinois
November 12 CCC Meeting - Club Auction, organized by Deven Kane and Richard Lipman - no featured speaker
December 10 CCC Meeting - Annual Banquet - details to be announced
January 14 CCC Meeting - Featured Speaker - to be determined
February 11 CCC Meeting - Featured Speaker - to be determined

Chatter Matter

http://www.ChicagoCoinClub.org/

Contacting Your Editor / Chatter Delivery Option

chatter_editor@yahoo.com

The print version of the Chatter is simply a printout of the Chatter webpage, with a little cutting and pasting to fill out each print page. The webpage 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.

Club Officers

Elected positions:
Melissa Gumm- President
Deven Kane- First V.P.
Ray Dagenais- Second V.P.
William Burd- Archivist
Directors:Tyler Rossi
Mark Wieclaw
Carl Wolf
Steve Zitowsky
Appointed positions:
John Riley- Immediate Past President
Scott McGowan- Secretary
Elliott Krieter- Treasurer
Paul Hybert- Chatter Editor, webmaster
Jeffrey Rosinia- ANA Club Representative

Correspondence

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.

Payments

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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