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April, 2002
Year 9, Issue 4

Award Winning Newsletter

Meeting 7:30pm, Wednesday, April 3
Talk and trading 7:00-7:30pm
VFW, 1601 Weld Road, Elgin, IL
815-786-6779

Not a member? Come and join us anyway!

Give your spouse a break and bring your children to the club.


April Program

Bob Feiler will give a talk on odd denominational currency.

Also Mike M. and Marty K. will give a short talk on how they got in to coin collecting.

There will be a sign-up sheet I will have at each meeting for anyone wanting to give a short talk on how they got started in coin collecting.

Prizes


March Minutes

ECC Meeting 530 - March 6, 2002
Opened:   7:30     Beginning balance:   $418.60
Closed:   9:28     Income:   $108.00
Members:   20     Expenses:   $207.00
YNs:   1     Current balance:   $319.60
Guests:   3         

President Mike Metras called the meeting to order at 7:30.

We welcomed guest Jason R. who is getting back into coin collecting after being away from it for a while. We also welcomed Roger's friend Bob S.

Member History

Greg G.--Greg started collecting coins in 1961 a couple of years after the switchover of the Lincoln wheat cents to the Lincoln Memorial cents.

His father pointed out to him at the time that the wheat cents might become valuable some day, so he started to put away all of the wheat cents that he could find. Then I realized that they all had different dates and mint marks on them, he was 6 years old at the time, so when he was 9 years old he pick up a Whitman coin holder and started to fill it up. That was when he became hooked.

He has stayed mainly with collecting US coins off and on. When he became a teenager his interest changed from coins for his collection to coins for his girlfriends. After a stint in the military and school and finding a good paying job he got back into coin collecting in the middle 1970's. He restarted collecting US coins specializing in half-dollars.

He then got married, had children and his coin collecting again took a back seat. But now that the children are in college and his wife is an ex, he has again started concentrating on coin collecting.

He, in the past, had collected communist militariate from Vietnam (captured items) and has put together quite a collection and that's been financing his children's education. And going though and inventorying all of his stuff for sale, he came across mostly some North Vietnamese coins, some South Vietnamese coins and some SCO club tokens and stuff like that, some two or three years ago and that is what he collects now are coins from what use to be French Indochina, Laos, Cambodia and Vietnam. Going back in history to the beginning to coinage in Vietnam. He also collects primitive money, the different types of face metal bars and face metal cakes (silver). He also collects token from his home town of Benton Harbor Michigan.

He doesn't collect to make money, but collects for the historical value of the stuff. And having something in your hand that is a thousand years old that someone else has held and spent, is his way of staying in touch with history.

Reid G.--He agrees with Greg's insight of the history of the coin and who may have held it in the past. And then there is this question, as to what were those people wearing, what did they do for entertainment and what was life like back then.

He started collecting coins because his mom collected coins. He thinks his mom collected coins as money for a rainy day collection, but she put the silver coins away. So he continued to do that as a kid. He doesn't remember how far back, but he remembers when he moved to Oak Part back in 1968, he remembers helping a neighbor lady move and after she gave him a cigar box of coins as a thank you. He remembers opening the box and seeing Buffalo Nickels, V Nickels, Indian head cents, wheaties, Mercury Dimes and every sort of denominations. He was floored.

Later on he got a job working at the Lake Theater in Oak Park. That was his first job in April 1974. He helped out behind the candy counter and remembers people paying in silver.

In 1978 working at the Century Theater in Hoffman Estates, he remembers someone paying for a box of popcorn with six Barber dimes.

For seven years he worked at a cemetery, an older lady that he worked with knew that he was interested in coin collecting and gave him old coins that she had been saving, because she knew her family wouldn't want it. He even offered to pay her for it, but she just wanted him to have it.

It has only been the last few years that he has gotten interested in collecting error coins. He has a collecting of silver Dollars, Indian cent and error coins in his collection. He is also an avid user of a metal detector for finding coins out in the ground and has been doing this since 1988. The oldest coin he has found is an 1831 British large copper, the oldest silver is an 1834 British six pence and the oldest US coin is an 1835 half-bust half-dime. These were all found in a Cook county forest preserve. You can metal detect in the forest preserves in Cook county without a permit, but you cannot in DuPage, Kane and Lake County. He belongs to a club of over 100 members called 'The Midwest Historical Research Society' which meets the fourth Sunday of every month at the Brickyard Mall.

Secretary's Report

As printed in February's newsletter.

Treasurer's Report

Balance: $319.60.

Old Business

There was none discussed due to the length of the auction.

New Business

There was none discussed due to the length of the auction.

Prizes

We had our customary raffle and membership drawings. The winners were:

The meeting closed around 9:29 P.M.

Submitted by Frank Schlapinski, Secretary.

Board Meeting

Mike, Jim C., Don, Doug, Jim D., Al H. and I, got together at Don's Wednesday night at 7pm Mar. 20th. Among other things we discussed the following.

We received a $30.00 gift certificate from Fox Valley Coin to be used at their April 21st Auction to be one of this month's raffle prize.

We purchase an 1884 CC Morgan dollar in a GSA holder for our Super Raffle.

Jim C. donated a book, United States Copper Cents 1816-1857by Howard Newcomb, which we will borrow out to any member to use and read for a one month period. Anyone interested in borrowing this book, please contact one of the officers.

Our member's made a total of $378.50 at our bi-annual member auction.

We bought coins for the monthly raffle and membership drawing.

Again, it's not too early to apply for a table at our annual show on October 27th.

Submitted by Frank Schlapinski, Secretary.

Future Meeting Programs


Show and Tell


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