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The Tarnished Truth
*** Vol II *** WINSnews *** Issue XI ***

Welcome to the Tarnished Truth. YOUR newsletter. With Labor Day weekend just over the rise it reminds me that young people will once again be trooping back to those halls of learning to continue their formal education. It is also a good time to remind everyone that this is an excellent opportunity to preform a community service as well as inform these youngsters about our numismatic hobby. A call to your local school with an offer to give a thirty minute seminar on coins and coin collecting will probably not be turned down. Here is a hint from someone who has been there. Choose the fifth graders and you will find the most receptive audience. Another hint, take along enough old coins, U.S. and World coins to hand out at least one to each student and you will be very popular. You will also find that you will come away from the experience unsure as to whom enjoyed the seminar the most, you or the students.

Best
Ray D Larson



Feature Article
Numismatic Trails


by Dewey Maggard WINS # 93
READ it here



**** WINS BIO ****

Steven Strum

I was brought into this world in the mid 50’s in New York City in an area known as the “Lower East Side” If anybody has seen the "Bowery Boys" or "Dead End Kids" movies with Leo Gorcey and Huntz Hall, this was the area where they took place. Before I was a year old, we moved to Brooklyn, NY where I spent the next 30 years. I now live in the suburbs of NYC with my wife of 24 years and my 12-year old son and daughter. (Yes, they are twins). When I was about 7 years old, my maternal Grandfather gave me my first collectible coin, which was an 1858 Large Letters Flying Eagle cent in VG condition, which I still have. Then like most kids my age, I started to collect cents, nickels, dimes, and quarters in the standard blue Whitman folders. In the early 60’s, my Dad owned his own New York City taxicab. Needless to say, this helped a lot. I would go through my Dad’s change-maker (cents-quarters) every night when he returned home. At this time, Buffalo Nickels and Winged Liberty dimes were common, and Barber dimes and Indian Head cents were still around, but to a lesser extent.

Every so often, a Barber or dateless Standing Liberty Quarter would show up. For some reason, he received very few half dollars. I then started to save my allowance of $1.25 a week. I would go to the bank with my mom and get either a Morgan or Peace dollar for face value. (The other 25¢ went for candy). All of this changed in late 1965, when clad coins started to appear. For a short time, they coexisted with their silver counterparts. Also at this time, the Buffalo nickels and Mercury dimes all but vanished. I then started to take all of my Dad’s silver coins and just saved them in a 5 gallon water bottle. Since I wasn’t spending them on what he called "junk", he didn’t mind.

When I became a teenager, my interests changed and I was away from coin collecting for a long time and forgot about the 5 gallon bottle that was in my parents’ attic. When they moved to the suburbs in the late 70’s, I found the jar and checked out the coins. Most had the date of 1964. When the price of silver skyrocketed in the late 70’s, I sold the coins for $28.00 X face value. This became the down payment on my current home! At this time, I was still away from the hobby.

I didn’t come back to it until the early 1990’s when my kids started collecting cents in the Whitman folders. I then told my kids about my history of coin collecting and have been addicted to it ever since.My best finds came about 2½ years ago at a local delicatessen. After purchasing some salads, I received in my change a Mercury dime. I placed it in a separate shirt pocket until I got home. It turned out to be a 1942/1 in VF condition. Then about 3 months later at the same deli, I received another Mercury Dime in my change. This one was a 1916-D in good condition. Needless to say, I was thrilled beyond belief. Someone told me that some of these coins were released into circulation a few months earlier in Philadelphia as a promotion of some sort. I would like to believe that these coins came from there.

By trade, I am a Power Tool Technician and I own my own business. My other love is music. I am a musician and play the guitar and I now own several of those as well. My musical interest is mainly classic rock. (The Beatles, The Rolling Stones, The Byrds, All of the mid 60’s British Invasion Groups, The Grateful Dead, The Allman Bros., Santana, The Eagles, Eric Clapton….you get the idea). My main guitars are both a 6-string and a 12-string Rickenbacker Guitar (very similar to the ones that George Harrison used early on with the Beatles).

My current numismatic Project is putting together a US Type Set (No Gold or Commemoratives). At this time, it is almost complete. Unfortunately, the ones that I need are the very expensive 1790’s one-year types. At least I get to add five quarters each year! The best way to sum everything up is with a line from a Grateful Dead Song... "What a Long Strange Trip It’s Been.

Steven Strum




The Feature Coin

Vatican City Coinage

5 Lire

An interesting coin to collect for those who collect world coins is the Papal States and Vatican coins, especially Vatican City coins. From the Roman republic to present day there is many beautiful and interesting coins.

? ? ? Trivia Question ? ? ?

In the mid 1850s and then again in the early 1870s the mint put arrows on either side of the date of the silver issues to indicate a change in silver content, how were these two changes different ?
Answer at the bottom of this page.





Doing it for WINS Auction


Your contributions to this auction are actively sought. The rules of the auction are as follows. Each coin shall remain up for auction for no longer than six issues. There will never be more than ten lots in the auction at any one time. If after six weeks the coin has not found a new home, it will be removed and brought back later as a group lot with other such coins. A value close to actual trends will be assigned to each coin as best that can be done. Each week the 'BUY' price will be reduced by 5%. The winner will pay the price at the time of buying plus actual shipping cost. All amounts will be sent to our Secretary/Treasurer Robert Peterson. The clubs paypal and/or Roberts address will be provided the winning bidders. For those whom wish to donate coins for this fun little auction please contact me by email You may donate anonymously if you insist.

WINS Reverse Auction
Auction is not Archived


Hobby History

Plastic Coin Holders

In the early nineteen fifties plastic coin holders were becoming popular to store and display coins. These holders were quite expensive but they did make a coin really look good. A downside to this new form of coin display is that regular issue coins were being polished and sometimes even chrome plated, placed into the great looking holders, and offered to unsuspecting collectors as early proof coins and sets.




? ? ? Trivia Answer ? ? ?

The answer is: In eighteen fifty three and eighteen fifty four the arrows indicated a decrease in silver content, but in eighteen seventy three and four the arrows indicated an increase in silver content.




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