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October, 2002
Year 9, Issue 10

Award Winning Newsletter

Meeting 7:30pm, Wednesday, October, 2
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.


October Program

Don Dool will give a talk on copper coins of the 16th and 17th century.

Prizes

September Minutes

ECC Meeting 536 - September 4, 2002
Opened:   7:32     Beginning balance:   $754.87
Closed:   9:05     Income:   $63.00
Members:   18     Expenses:   $110.00
YNs:   0     Current balance:   $707.87
Guests:   1         

President Mike Metras called the meeting to order at 7:33.

We welcomed one visitor, Dave, who collects foreign coins and currency.

Al and Rich gave their member history talks.

We took a break to sell raffle tickets and started the member auction. The auction netted $273.25 for our members.

Member History

Al--He started about collecting coins around 1950. His cousin was collecting coins and he was collecting stamps. His cousin invited him over and he showed Al some of his coins. He started telling him what some of them were worth and Al said "It's worth something. I'm going to start collecting coins". His mom had a button box that had an 1851 penny in among the buttons and started his collection with it.

He has completed the complete Mercury dime collection from circulating coins and all the Lincoln cents (except the 1909-S VBD, 1931-S, the double die and the 1922 plain).

When he was living in St. Louis there was a bus driver, named Smokey, who, when Al caught his bus late at night, would take off his changer and hand it to Al to go through. He would then sell all of the Liberty coins for face value. He got an 1892-S VG half-dollar that he still possesses.

When he got out of high school, he worked for a stock broker, marking the board. He met this lady in her late 70's that let him hold an 1804 silver dollar.

Rich--He started collecting toy cars as a young child. Stamps when he was older. He found that you could get a large bag of stamps for not too much money and started filling up his books with them.

After he got out of the service, he started looking at the coins in his change and started putting the interesting ones away in a box.

He then found out that he could make money selling coins. So he started setting up at coin shows to buy coins to eventually sell, thinking that he could get them at dealer's prices. That wasn't working. So an elderly gentleman would stop by this table and ask if he had any tokens. So he started to acquire so token to sell to him and was bitten by the token bug.

He soon discovered that tokens, to him, were as interesting as coins. You could find out interesting facts about the tokens you pick up. There is a lot of history connected to the tokens, for example, he found one dated September 22nd, 1926. This intrigued him enough to research this date in some back issues of the Chicago Historical Society Quarterly Journal and in the back it had a section dedicated to what happened fifty years ago and in the 1976 edition it listed the Dempsey - Tunney long count fight for that date. Apparently this token was used as change for food purchased from a vendor at that fight.

Secretary's Report

As printed in September's newsletter and accepted.

Treasurer's Report

As printed in September's newsletter and accepted.

Old Business

None.

New Business

Coin Show raffle tickets were distributed to sell. The newsletters are up to date on the internet. The wooden nickel token will be ordered for the club's 40th Annual Coin Show.

Prizes

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

The meeting closed around 9:05 P.M.

Submitted by Frank Schlapinski, Secretary.


Board Meeting

Mike, Don, Jim, Doug and I, got together at Don's Wednesday night at 7pm September 18th. Among other things we discussed the following.

We decided on monthly raffle and member prizes.

Mike ordered the wooden nickel to be given away at our 40th annual show.

Submitted by Frank Schlapinski, Secretary.


Future Meeting Programs


Show and Tell

Don D.--Don brought three coins:

Don E.--Brought in an EAA Sport Aviation Magazine CD-ROM collection, containing all of the issues, he purchased for $149.


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