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Volume 57, Issue 5 |
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May 2010 |
| Meet Your Members | ||
| Mon, May 27th, 2010 | MCM Elegante' 2020 Menaul, NE |
7:00 PM Meeting |
My Two Cents... by John F.
I can not believe the months just seem to fly
by.
I have had a great time the past few months and wish
the time to leave had not come so soon, but it is off to new
adventures.
I plan to keep active in the club in whatever
capacity is needed.
My wish is for all of you to take an active roll in
the various projects that are in the works and those that will be coming in the
future.
I’m sure that all of the members who have been
getting involved can attest to, it just makes the club that much more
fun!
Now for some more announcements that need to be made...
Summer picnic - June 13th;
John M. will again be providing the Bingo game.
If you have items that can be used as prizes, please
bring them along or let Tom S. or Bob L. know.
It is always better with lots of
prizes.
If you are planning on coming, Please let Tom S. or
Bob L. know so we can plan on how many people to
feed.
Member Trade Fair - July
26th
There are still tables available for anyone who has
extra items that you may want to sell.
There is no charge for the
tables.
Tom S. will have the sign up sheets available at the
next meeting.
Trip to the ANA - TBA
Quotes for the trip have been gathered and we have
been waiting to see how the money will be from the Isotopes project before
setting a date for the trip.
The consensus at the last directors meeting was that
it should be a one day trip this year to the ANA museum and
library.
Then plan a longer trip in the
future.
Issues associated with coin collecting in
So once I am in country,
my intention is to collect as many nice coins as possible during my
stay.
During the first part of
my trip, I try to accumulate as many coins as
possible.
A day before I leave, I go
though the coins and separate the spenders from the
keepers.
Then the last day, I will
spend all excess local money.
I have found that I have to work hard to collect coins.
When I exchange money at
the airport or at a currency exchange, I usually end up with many high value
bills.
The hotel can be a good
resource but oftentimes they do not have enough small bills or coins for me to
change larger bills.
If I am staying in a
touristy part of a city, then everything is priced (VAT included) in nice round
numbers.
This is easier for the
merchants but it also means that I can purchase many items without ever
encountering a coin.
My solution is that I
usually try to find a local market near my hotel to get
coins.
I will typically browse the shelves for a soda and a snack trying to reach a total price which will result in change consisting
of many coins.
In most countries, I will eventually get examples of most circulation coins using this method.
My sorting routine for coins is fairly
straightforward.
I will keep the best coins of each type that I need.
If I managed to get many UNC examples of coins, then
I will bring them back to the
One big problem with coins in
I have received many coins all over
This is good for the country as they do not have to make as many coins but bad for me as I don’t necessarily want to
save a coin that I can barely
identify.
In all of my travels, I have only seen one coin store
but did not have time to visit it.
I have also seen commemorative coins for sale at
airports and circulation coins for sale
in
tourist sections of Medinas in north Africa.
The circulation sets oftentimes have pretty ugly or
harshly cleaned examples of coins so I
typically
stay away from
them.
Something that I find interesting in
When I go to a currency exchange business, almost all
transactions are between US Dollars and the local
currency.
I rarely see currencies like the Euro or Pound being exchanged.
To illustrate how much the US Dollar is valued overseas, I want to mention a situation that I encountered when I had a
weekend free to get to Petra,
Jordan.
There were a lot of European tourists
there.
Once the local vendors pegged myself and my colleague as Americans, many came up and wanted to exchange
Euro coins that they had accepted in payment for
their knickknacks into US dollars.
My finds.
After all of my travels, I can’t really say that I have found any rare or unusual coin that I would not have eventually been
able to find in the
The best coin that I have
found is a G 1978 100 Franc coin (KM#8 in CAR) from the
The
Krause mentions that KM#8
was never officially released into circulation but that heavily worn examples
have made it into the numismatic market.
I received this coin in
change while purchasing a breakfast pastry at a bakery in
My other favorite coin is
the Mauritian 5 cent coin (KM #52) from 2007.
This coin is not rare or
expensive but rather almost valueless.
A Mauritian Rupee is worth
about 3 US Cents making the Mauritian 5 cent coin worth about 1/6th of a
Cent.
The
about all coins that they
currently circulate.
In the end, I have not
been able to collect as many quality African coins as I would have
liked.
Of course, I continue to be hopeful during my travels.
Note: This is the second of a two part series written by ACC member Michael I. He has been traveling for
his job the past two years
and looks forward to being back in
Meet Your Members
As many of you well know, we have members from
several parts of
all walks of
life.
In this issue I want to introduce you Eddie Tudor, an
ACC member for the last 5 years and an ANA member for 21
years.
You will see Eddie and his wife, Marilyn, throughout
the Southwest as Tudor Coins.
Eddie has worked for
He is currently the District Forester for the Capitan
District located in
The District is the largest and busiest fire district
in the state.
In the 1970’s, Eddie’s grandfather, Elmer, got him
started learning about and collecting
coins.
He said, ”I would sell newspapers as a kid and my grandfather always wanted me to bring him any silver coinage
or early dates that I was paid with.
That was before the Hunt brothers moved in and it was
common to still find silver in pocket
change.
I would sit at the kitchen table with him, and he
would show me the difference between silver and clad
coins.
I was always excited to find a different
To this day, I still look at my pocket change….not
near as exciting now that it’s rare to find
anything.”
When asked what numismatic related items do you like
to collect and why?
He said “That is a hard question. I started out collecting Bust dimes and $2 ½ gold Indians, but after 30+ years in the hobby,
it seems like I have collected one of every
type.
If it catches my eye, I pick it
up.
Before I know it, I have more than I can keep up with
and no where near organized.
That is why I started dealing in coins.
After a while, you find out that nobody needs ten
1914-D
Over time you’ve spent your money on 1914-D’s and
don’t have the money to pick up the 09-S VDB for your
collection.
Set up a table at a show to sell duplicates and
you’re hooked forever.
My favorite is the gold $2 ½ Indian Head quarter
eagles because of their unique, attractive incuse
design.
I’m always looking for a nice choice 1911D which is
the key of the series with few examples surviving in a high
grade.”
Eddie was asked what he enjoyed about the ACC and he replied, “The numerous activities and educational programs
available for members of all ages, but in particular,
the YN program.
It is important that we get young people interested
in numismatics so that they can be the future of the
hobby.
That is what I have done with my son,
Lee.
He has found his own collecting interests with
buffalo nickels and American silver
eagles.
Other coin clubs that I have been around, don’t seem
to have young members like ACC does.”
What other items does Eddie collect or what does he
like to do for fun?
He said he collects “Any authentic and historic
place to visit), especially
Marilyn and I were lucky enough to attend the 125th anniversary of the gunfight at the O.K. Corral and were there to witness
the reenactment of the shootout down
to the second, 125
years later!”
“I am a BIG Southwest history buff and never miss a trip to a new place to learn about its past and search shops for an
obscure trade
token.
That is another thing that first caught my interest
in coins.
You can learn a lot of history from studying coins.”
Congratulations Erin!
Congratulations to Erin Fryar for winning a cash award for her self and one for her school’s Journalism
or English
Department by writing an essay about money
management.
The
article featured the
manage money process.
The Credit
Union Association of
The
article will be featured in the Summer “CU Success” newsletter and
May “CU
Eagle” newsletter.
YN Updates By Rod F.
There were two fun filled and eventful Sundays for
the YNs and Skully in April.
All the YNs with honorary YN Rick
They sorted foreign coins by country for a few hours
or reviewed Matthan and Emily’s
In addition to earning YN bucks, plenty of pizza and
soda were consumed.
Skully sorted the
We are going to meet at least one weekend in May and June at the library and learn to identify ten foreign coins and
locate their countries on a world
map.
Mr. Frechette gave a talk on the “Do’s and Don’ts of
Dating Ancient Women” at the April meeting,
the G rated
version.
We had a new visitor at the meeting as
well.
President Michael handed out a coin quiz which he
will do every month.
Correct answers earn you YN
bucks!
We will be having the newly filled foreign coin books ready for the July trade fair and looking forward to the trip
to the
We will start planning our exhibits for the NM State Fair in September.
Congratulations to ACC member Adam M. and his wife Candria M. on the birth of their first child, a
daughter named Layanna.
She was born on
March 30th, 2010.
Tom Stone is in need of help with displays.
For several months, he has worked to keep displays in
various libraries around
Most of the time they are on display the month
proceeding one of our coin shows.
This is done to create interest in the shows from people who might not remember or from people who might not
know there is a show in town.
For the month of September, Tom will need a total of
four displays.
Three for the main library in down town Albuquerque and one for the library near Lomas and Tramway.
Please take the time to help with this important
project.
Contact Tom for more information.
The ACC
held its regular monthly meeting on April 26 and about 80
attended.
We started
with a quiz, including questions such as which president’s picture was found on
both
(The answer is Andrew Jackson). Rod F, dressed in a red toga with gold stripes, gave a talk on “The Do’s and Don’ts
of Dating
Ancient Women.”
He
described the genealogy and some of the colorful actions of rulers of ancient
Elder and
Agrippina the Younger.
He showed
pictures of coins depicting their family members.
In July
instead of a regular monthly meeting the club will hold a member’s show.
As long as they are available members can sign up in advance for one of the 30 tables, or to share one, and display
their
items for sale.
The annual club picnic will be held on Sunday June 13 at the larger picnic area at Elena Gallegos park, the same
location
as last year’s picnic.
Sara Lee
is generously donating the bread items for the picnic.
Please
sign up with Tom S. so we know the approximate number of attendees.
This past
month club members worked a hot dog stand at two Isotopes baseball games, and
said it was fun.
The money they earn will subsidize a planned optional bus trip for club members to the ANA headquarters in
There is an upcoming coin show at the
American Legion hall in
for
those interested.
were saddened to hear of a breakin at
Peter Bilan’s coin shop.
On Sunday
after the coin show, someone cut power to his shop and later entered through a
hole in the roof.
Fortunately the alarm system, powered by a backup battery, triggered, and the thief didn’t have time to get much besides
the cash
in the drawer.
This
occurrence, plus the theft of a strap of 100 2-dollar bills from a table at our
previous meeting, mean that
we must
all be more vigilant to prevent theft.
We urge
all members to keep a sharp eye open and report anything suspicious to Club
officers.
John F. announced that he is stepping down as club president because his family will be moving to Morocco, where
his wife
has taken a job as a school librarian.
I think I
speak for the members in saying thanks to John for his service as club president
for the past few months.
We hope
that he and family have fun sipping mint tea, eating couscous, and hopefully
finding some
genuine
old coins in the casbah.
Tom S. has generously agreed to serve as club president until the next election, and will be leading monthly
meetings starting in May.
As is typical when we have a show there was a lot of money going into and coming out of the checking
account.
Unless Bob L. or Tom S. come up with something new
everything for the Spring Show has been posted.
The results of which are shown in your ACC News Letter and adjusted for some non “Spring Show” items
posted in April.
The regular financial information reflects those non
“Spring Show” adjustments.
Please see your ACC News-Letter for details.
We would like to Thank Jacqueline Lopez - Gallegos and the Sara Lee Corporation for their generous
donation of all of the bread items for our upcoming picnic to be held at the Elena Gallegos Picnic Area
on June 13th.
Please
take the time to support all of the sponsors of the
opportunity.
ACC Club News Editor: Mr. John F. 2010 jjy891@hotmail.com
Web Master – Larry D. Email: Blpaladin@yahoo.com