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Reno Cartwheel
February 2012
Next Meeting:
Tuesday, 7th of February 7:30 PM
Carrow’s Restaurant
605 N. Wells Avenue (Wells and 6th), Reno, NV
February Medals and Their Making
Roger Vugteveen of Medallic Arts will present “The Medal Maker.” Please bring an interesting medal of your own.
February 25th Dollar Exchange at the Museum
Ken Hopple will be running the press, David Elliott will have the new coins at the state museum 10-3PM.
March SS Central America Inventory
Fred Holabird will tell us the true inventory of the shipwreck. Just released.
April Open
April National Coin Week 15-21
We will be doing our Dollar Exchange at the Nevada State Museum Fri and Sat 20-21.
May ANA’s “Change in Money: Cowries to Credit Cards.”
We will present ANA’s National Coin Week program.
At The Last Meeting
32 members were in attendance for Dan Waterman’s presentation of large cents. As dies were hand cut and dates hand
punched there are hundreds of varieties and the ability to define die state of both the obverse and reverse of the coins. OR,
you can just collect by date, a coin for every year 1793-1857 with the exception of 1815 when there was a severe copper
shortage. 25 members were in attendance for the awards dinner. Gerald Breedlove was Reno Coin Club Member of the
Year thanks to saving us from the IRS, getting us right as a non-profit, one of the 229,000 knocked off the rolls this year
for not filing income tax forms we did not know about and had been told were unnecessary by the IRS. In addition,
Gerry has been our most excellent treasurer, manned the club booth at the coin shows and been diligent about attending
the board meetings. Thanks for all your hard work of getting 6 years of tax forms straightened out!
Elections to the board included Bob Wagner (13 votes), Dan Waterman (12 votes), and Shannon Holmes (11 votes). We
will expand the board to include Shannon Holmes. Congratulations all!
(Dinner prizes in italics)
Early Bird Prize was 1968 proof set won by Larry Demangate (Brianna Baldridge, penny roll)
Raffle prizes winners were:
Leo Rossow: mystery box Ike dollar key chain (Bart Daniels, 1910 dime), 1973 mint set, Spirit of West Medal, 1999 star
$1
Troy Young: 2006S NV quarter, Indian penny, red book collection, 2003 gold plated quarters
Rick DeAvilla: 1945 dime
Edward Waslewski: 1969 mint set
Breanna Baldridge:war nickle, steel penny, dollar holder, 5 penny albums, one full, bag wheat pennies, more wheat
pennies, quarter albums
Bart Daniels: Andrew Jackson dollars, World Paper money book, 2 Nevada medals, Nevada medal, horseshoe penny
William Gregory: George Washington dollars
Dan Waterman: pioneer tokens book, world coin books
Ken Hopple: coin grading book, 1972 proof set
Jack Gruhler: barber dime
Garret Allen: replica of Ptolemy XI, penny books, WWII coins, Croesus replica
Brittany Gruhler: red book
Karen Sanguinetti: red book, state quarter book
Phillip Shallit: Peace dollar
Jeff Allen:$2 Alaska bill
Glenn Fruehen: 1975 mint set
Jerry Breedlove: Lincoln dollars, V nickle
I WANT TO THANK EVERYONE WHO DONATES TO THE RAFFLE!
Auctions
1946 half dollar donated by Larry Demangate won by Garrett Allen for $23
1947 half dollar donated by Larry Demangate won by Jerry Breedlove for $30
1958 mint roll of pennies donated by Rusty King won by Jack Gruhler for $8.
Quarter pot won by Glenn Fruehen ($15) and not won by Rick DeAvilla at dinner ($5)
Upcoming Coin Shows
February 17, 18 Redwood Empire Coin Show
Fri, Sat 10-6, E.L. FINLEY HALL, Sonoma County Fairgrounds, 1350 Bennett Road, Santa Rosa, CA, Admission: $1,
Kids under 12 Free! Bourse Chair: Merle Avila, (D)707-585-3711, (E)707-824-4811
February 19 Cupertino Coin Club Show
Napredak Hall,770 Montague Expressway, San Jose. Bourse: Bruce Braga (408) 839-1883 Admission:$2, under 17 free.
RCC Officers
David Elliott….......... President….......…815-8625
Rusty King..............Vice President......... 673-6745
Gerald Breedlove........Treasurer..............425-2967
Andre Azzam ..............Secretary….........338-0707
Dan Waterman…..........Director…......…747-4380
Ed Waselewski.........…Director…......…354-0287
Ken Hopple ....…..........Director..............677-1544
Bob Wagner..................Director..............3781022
Shannon Holmes….......Director…..........827-4359
Paul Williams…..........ANA Rep.............720-5395
David Elliott...................Editor................815-8625
datbbelliotts@prodigy.net, www.renocoinclub.org
The RCC Board meets the third Tuesday of the month at Carrow’s at 7:30PM. Everyone is invited to attend.
If there is a topic you would like to see please let a board member know. Someone in the club knows all
The Other Coin: Roman Republican Coins
Roman Republican Coinage developed quite late compare to the Greeks and even the Greeks that inhabited Southern Italy
and Sicily from the 9th century BC. While the Greeks were producing some of the greatest artistic masterpieces in
coinage for hundreds of years, Rome began coinage c.280BC with massive lumps of cast bronze made to be valued by
their weight. Produced in lumps and bars and finally in rounds the coins often weighing several pounds and hundreds of
grams. The pound coin or AS was divided into twelve with the unica being 1/12, sextans 1/6, quadrans 1/4, triens 1/3,
semis ½ pound or AS.
Both these Aes Graves weigh hundreds of grams.
At the end of the First Punic War (240BC) a mint was organized to produce, bronze, silver, and some gold coins from the
bullion won in the war to pay the soldiers and sailors. Rome may have commissioned the Greek cities Neapolis and
Tarentum earlier to produce silver coins to pay mercenaries as coins in the style of the two cities exist with “Rome”
inscribed with Greek or Latin letters. The silver quadrigatus with and image of Janus on the obverse and a quadriga or 4-
horse chariot and Roman on the reverse was produced after the First Punic War, but quickly debased to 30% silver by the
Second Punic War (218BC).
The lasting contribution of Republican Rome to coinage was the denarius, which survives as the Muslim dinar, French
denier, and the English penny (abbreviated d.). Minted in enormous quantities from silver captured from Sicily in the
Second Punic War (218-211BC), the coin was valued at 10 Asses and bore an X for ten. Helmeted Roma was on the
obverse and a chariot driven by various gods and numbers of horses appeared on the reverse. Rare gold were struck from
gold donated by Rome’s ally during the war, Ptolemy IV, bearing the image of Mars on the obverse and an eagle on the
reverse. Bronze coins were also struck, but now they were fiduciary coins. The As weighed 42 grams or less rather than
almost 329 grams of a Roman pound or AE Grave As
The denarius is the most popular roman coin to collect as it is of good silver 95% or more and developed a variety of
images as the directors of the mint were Roman citizens started on the cursus honorum or ladder of honor to the
consulship of Rome. Each of the three mint officials used their office to mint images honoring their family’s history,
descent from the gods or building projects. The coins were also distributed as bribes for the receivers votes on up the
ladder. Consequently complex, beautiful, and historical images graced the coinage of Republican coins.
Juno Lanuvium/Griffin Jupiter and his Temple (minter paid for repairs)
coiner shows honor to old Roman goddess
Venus/Aeneas carries father and palladium Moneta/hammar, tongs, anvil, die.
Julius Caesar claims his ancestors Venus and Aeneas. Goddess of money and tools of coinage.
1793 Chain Cent Sold for $1.38 Million
An extraordinary 1793 S-4 Chain Cent, MS65 Brown PCGS – a coin whose origins can be traced back to the very earliest
days of America’s first mint – brought $1.38 million, and a crush of national and international media attention, as one of
the top two lots in Heritage Auctions
“This amazing 1793 Chain cent, the Cleneay-Atwater-Eliasberg Specimen and the plate coin in Walter Breen’s
Encyclopedia of Early United States Cents 1793-1814,” said Jim Halperin, Co-Founder of Heritage Auctions, “is a
sensational coin in every sense. It’s got the whole package: history, rarity and beauty. Top collectors obviously realized
that and went after it accordingly. It’s now the centerpiece of a very advanced collection.”
Nearly $1 Million Worth of Coins Stolen from ANA Museum
Wyatt E. Yeager, a former collections manager at the American Numismatic Association’s numismatic museum in
Colorado Springs, Colo., Jan. 12 entered a guilty plea in Federal District Court in Wilmington, Del., to the theft of more
than 300 historically significant and rare coins and patterns valued at nearly $1 million. ANA President Tom Hallenbeck
said the majority of the stolen items are world coins, although some high-profile U.S. items are also among coins Yeager
has admitted stealing. Yeager, 33, of California, was the museum’s collections manager for about three months, from
January through March 2007.
Yeager faces a maximum statutory penalty of 10 years imprisonment, a $250,000 fine and three years of supervised
release following any term of imprisonment, restitution, forfeiture, and a $100,000 special assessment. According to the
bill of information released by the U.S. Attorney’s Office, Yeager embezzled coins and sold them in several auctions,
including one in Baltimore in May 2007, one in St. Louis in June 2007, and one in Melbourne, Australia, in July 2007, and
at auction in Germany.
Among some of the more rare United States items stolen by Yeager are a 1795 Capped Bust gold $5 half eagle and an
1836 Gobrecht dollar pattern. As of Jan. 12, Hallenbeck said 32 of the stolen coins had been recovered. The ANA has
posted a list of stolen items, which can be found at http://www.money.org/ana_custom/stolenCoinsPage.htm.
Fred Holabird wanted to remind everyone that the club’s large library is house by him at 3555 Airway Drive #308 (around
back as Holabird Americana). Call ahead 852-8822.
Stack’s Bowers Auctioned Battle Born Collection of CC’s at ANA’s 2012 World’s Fair of Money
Stack’s Bowers Galleries auctioned the Battle Born Collection, which is only the second complete 111-piece set of
Carson City coinage ever assembled. The only other complete set belonged to Louis E. Eliasberg, Sr., which was sold in
three auctions over a 15-year span in 1982, 1996 and 1997.
"This is a truly historic event, not only for Carson City coin collectors, but for all of numismatics," said Chris
Napolitano, president of Stack’s Bowers Galleries."
The Battle Born Collection is the only complete Carson City set to be sold during a single auction, making this an
exceptional opportunity for rare coin enthusiasts. The spotlight coin of the collection is without a doubt the Unique 1873-
CC Liberty Seated No Arrows Dime, graded MS-65 by PCGS and bearing the Eliasberg pedigree. It is the only specimen
known to exist, which makes it highly coveted among collectors of Carson City Mint coinage and especially those seeking
to complete their own set. This much sought-after dime was purchased in 2004 for $891,250 from a Bowers and Merena
auction by Rusty Goe, chief architect of the Battle Born Collection for the last 11 years, who later sold it into the Battle
Born Collection, thus completing the set. Professional coin dealer and author Goe is considered the foremost authority on
Nevada’s Carson City Mint. "This is the biggest event in the history of Carson City coin collecting.”
February 2012
Next Meeting:
Tuesday, 7th of February 7:30 PM
Carrow’s Restaurant
605 N. Wells Avenue (Wells and 6th), Reno, NV
February Medals and Their Making
Roger Vugteveen of Medallic Arts will present “The Medal Maker.” Please bring an interesting medal of your own.
February 25th Dollar Exchange at the Museum
Ken Hopple will be running the press, David Elliott will have the new coins at the state museum 10-3PM.
March SS Central America Inventory
Fred Holabird will tell us the true inventory of the shipwreck. Just released.
April Open
April National Coin Week 15-21
We will be doing our Dollar Exchange at the Nevada State Museum Fri and Sat 20-21.
May ANA’s “Change in Money: Cowries to Credit Cards.”
We will present ANA’s National Coin Week program.
At The Last Meeting
32 members were in attendance for Dan Waterman’s presentation of large cents. As dies were hand cut and dates hand
punched there are hundreds of varieties and the ability to define die state of both the obverse and reverse of the coins. OR,
you can just collect by date, a coin for every year 1793-1857 with the exception of 1815 when there was a severe copper
shortage. 25 members were in attendance for the awards dinner. Gerald Breedlove was Reno Coin Club Member of the
Year thanks to saving us from the IRS, getting us right as a non-profit, one of the 229,000 knocked off the rolls this year
for not filing income tax forms we did not know about and had been told were unnecessary by the IRS. In addition,
Gerry has been our most excellent treasurer, manned the club booth at the coin shows and been diligent about attending
the board meetings. Thanks for all your hard work of getting 6 years of tax forms straightened out!
Elections to the board included Bob Wagner (13 votes), Dan Waterman (12 votes), and Shannon Holmes (11 votes). We
will expand the board to include Shannon Holmes. Congratulations all!
(Dinner prizes in italics)
Early Bird Prize was 1968 proof set won by Larry Demangate (Brianna Baldridge, penny roll)
Raffle prizes winners were:
Leo Rossow: mystery box Ike dollar key chain (Bart Daniels, 1910 dime), 1973 mint set, Spirit of West Medal, 1999 star
$1
Troy Young: 2006S NV quarter, Indian penny, red book collection, 2003 gold plated quarters
Rick DeAvilla: 1945 dime
Edward Waslewski: 1969 mint set
Breanna Baldridge:war nickle, steel penny, dollar holder, 5 penny albums, one full, bag wheat pennies, more wheat
pennies, quarter albums
Bart Daniels: Andrew Jackson dollars, World Paper money book, 2 Nevada medals, Nevada medal, horseshoe penny
William Gregory: George Washington dollars
Dan Waterman: pioneer tokens book, world coin books
Ken Hopple: coin grading book, 1972 proof set
Jack Gruhler: barber dime
Garret Allen: replica of Ptolemy XI, penny books, WWII coins, Croesus replica
Brittany Gruhler: red book
Karen Sanguinetti: red book, state quarter book
Phillip Shallit: Peace dollar
Jeff Allen:$2 Alaska bill
Glenn Fruehen: 1975 mint set
Jerry Breedlove: Lincoln dollars, V nickle
I WANT TO THANK EVERYONE WHO DONATES TO THE RAFFLE!
Auctions
1946 half dollar donated by Larry Demangate won by Garrett Allen for $23
1947 half dollar donated by Larry Demangate won by Jerry Breedlove for $30
1958 mint roll of pennies donated by Rusty King won by Jack Gruhler for $8.
Quarter pot won by Glenn Fruehen ($15) and not won by Rick DeAvilla at dinner ($5)
Upcoming Coin Shows
February 17, 18 Redwood Empire Coin Show
Fri, Sat 10-6, E.L. FINLEY HALL, Sonoma County Fairgrounds, 1350 Bennett Road, Santa Rosa, CA, Admission: $1,
Kids under 12 Free! Bourse Chair: Merle Avila, (D)707-585-3711, (E)707-824-4811
February 19 Cupertino Coin Club Show
Napredak Hall,770 Montague Expressway, San Jose. Bourse: Bruce Braga (408) 839-1883 Admission:$2, under 17 free.
RCC Officers
David Elliott….......... President….......…815-8625
Rusty King..............Vice President......... 673-6745
Gerald Breedlove........Treasurer..............425-2967
Andre Azzam ..............Secretary….........338-0707
Dan Waterman…..........Director…......…747-4380
Ed Waselewski.........…Director…......…354-0287
Ken Hopple ....…..........Director..............677-1544
Bob Wagner..................Director..............3781022
Shannon Holmes….......Director…..........827-4359
Paul Williams…..........ANA Rep.............720-5395
David Elliott...................Editor................815-8625
datbbelliotts@prodigy.net, www.renocoinclub.org
The RCC Board meets the third Tuesday of the month at Carrow’s at 7:30PM. Everyone is invited to attend.
If there is a topic you would like to see please let a board member know. Someone in the club knows all
The Other Coin: Roman Republican Coins
Roman Republican Coinage developed quite late compare to the Greeks and even the Greeks that inhabited Southern Italy
and Sicily from the 9th century BC. While the Greeks were producing some of the greatest artistic masterpieces in
coinage for hundreds of years, Rome began coinage c.280BC with massive lumps of cast bronze made to be valued by
their weight. Produced in lumps and bars and finally in rounds the coins often weighing several pounds and hundreds of
grams. The pound coin or AS was divided into twelve with the unica being 1/12, sextans 1/6, quadrans 1/4, triens 1/3,
semis ½ pound or AS.
Both these Aes Graves weigh hundreds of grams.
At the end of the First Punic War (240BC) a mint was organized to produce, bronze, silver, and some gold coins from the
bullion won in the war to pay the soldiers and sailors. Rome may have commissioned the Greek cities Neapolis and
Tarentum earlier to produce silver coins to pay mercenaries as coins in the style of the two cities exist with “Rome”
inscribed with Greek or Latin letters. The silver quadrigatus with and image of Janus on the obverse and a quadriga or 4-
horse chariot and Roman on the reverse was produced after the First Punic War, but quickly debased to 30% silver by the
Second Punic War (218BC).
The lasting contribution of Republican Rome to coinage was the denarius, which survives as the Muslim dinar, French
denier, and the English penny (abbreviated d.). Minted in enormous quantities from silver captured from Sicily in the
Second Punic War (218-211BC), the coin was valued at 10 Asses and bore an X for ten. Helmeted Roma was on the
obverse and a chariot driven by various gods and numbers of horses appeared on the reverse. Rare gold were struck from
gold donated by Rome’s ally during the war, Ptolemy IV, bearing the image of Mars on the obverse and an eagle on the
reverse. Bronze coins were also struck, but now they were fiduciary coins. The As weighed 42 grams or less rather than
almost 329 grams of a Roman pound or AE Grave As
The denarius is the most popular roman coin to collect as it is of good silver 95% or more and developed a variety of
images as the directors of the mint were Roman citizens started on the cursus honorum or ladder of honor to the
consulship of Rome. Each of the three mint officials used their office to mint images honoring their family’s history,
descent from the gods or building projects. The coins were also distributed as bribes for the receivers votes on up the
ladder. Consequently complex, beautiful, and historical images graced the coinage of Republican coins.
Juno Lanuvium/Griffin Jupiter and his Temple (minter paid for repairs)
coiner shows honor to old Roman goddess
Venus/Aeneas carries father and palladium Moneta/hammar, tongs, anvil, die.
Julius Caesar claims his ancestors Venus and Aeneas. Goddess of money and tools of coinage.
1793 Chain Cent Sold for $1.38 Million
An extraordinary 1793 S-4 Chain Cent, MS65 Brown PCGS – a coin whose origins can be traced back to the very earliest
days of America’s first mint – brought $1.38 million, and a crush of national and international media attention, as one of
the top two lots in Heritage Auctions
“This amazing 1793 Chain cent, the Cleneay-Atwater-Eliasberg Specimen and the plate coin in Walter Breen’s
Encyclopedia of Early United States Cents 1793-1814,” said Jim Halperin, Co-Founder of Heritage Auctions, “is a
sensational coin in every sense. It’s got the whole package: history, rarity and beauty. Top collectors obviously realized
that and went after it accordingly. It’s now the centerpiece of a very advanced collection.”
Nearly $1 Million Worth of Coins Stolen from ANA Museum
Wyatt E. Yeager, a former collections manager at the American Numismatic Association’s numismatic museum in
Colorado Springs, Colo., Jan. 12 entered a guilty plea in Federal District Court in Wilmington, Del., to the theft of more
than 300 historically significant and rare coins and patterns valued at nearly $1 million. ANA President Tom Hallenbeck
said the majority of the stolen items are world coins, although some high-profile U.S. items are also among coins Yeager
has admitted stealing. Yeager, 33, of California, was the museum’s collections manager for about three months, from
January through March 2007.
Yeager faces a maximum statutory penalty of 10 years imprisonment, a $250,000 fine and three years of supervised
release following any term of imprisonment, restitution, forfeiture, and a $100,000 special assessment. According to the
bill of information released by the U.S. Attorney’s Office, Yeager embezzled coins and sold them in several auctions,
including one in Baltimore in May 2007, one in St. Louis in June 2007, and one in Melbourne, Australia, in July 2007, and
at auction in Germany.
Among some of the more rare United States items stolen by Yeager are a 1795 Capped Bust gold $5 half eagle and an
1836 Gobrecht dollar pattern. As of Jan. 12, Hallenbeck said 32 of the stolen coins had been recovered. The ANA has
posted a list of stolen items, which can be found at http://www.money.org/ana_custom/stolenCoinsPage.htm.
Fred Holabird wanted to remind everyone that the club’s large library is house by him at 3555 Airway Drive #308 (around
back as Holabird Americana). Call ahead 852-8822.
Stack’s Bowers Auctioned Battle Born Collection of CC’s at ANA’s 2012 World’s Fair of Money
Stack’s Bowers Galleries auctioned the Battle Born Collection, which is only the second complete 111-piece set of
Carson City coinage ever assembled. The only other complete set belonged to Louis E. Eliasberg, Sr., which was sold in
three auctions over a 15-year span in 1982, 1996 and 1997.
"This is a truly historic event, not only for Carson City coin collectors, but for all of numismatics," said Chris
Napolitano, president of Stack’s Bowers Galleries."
The Battle Born Collection is the only complete Carson City set to be sold during a single auction, making this an
exceptional opportunity for rare coin enthusiasts. The spotlight coin of the collection is without a doubt the Unique 1873-
CC Liberty Seated No Arrows Dime, graded MS-65 by PCGS and bearing the Eliasberg pedigree. It is the only specimen
known to exist, which makes it highly coveted among collectors of Carson City Mint coinage and especially those seeking
to complete their own set. This much sought-after dime was purchased in 2004 for $891,250 from a Bowers and Merena
auction by Rusty Goe, chief architect of the Battle Born Collection for the last 11 years, who later sold it into the Battle
Born Collection, thus completing the set. Professional coin dealer and author Goe is considered the foremost authority on
Nevada’s Carson City Mint. "This is the biggest event in the history of Carson City coin collecting.”
