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The Tarnished Truth
*** Vol II *** WinsNews *** Issue II ***

Welcome to the Tarnished Truth. YOUR newsletter. Not having enough history to look back at where we have been, nor the foresight to know exactly where we are heading, WE a merry band of coin enthusiast none the less forge ahead with handy grin at the ready. Though may it be that Little JD (White) do protest my meager HTML abilities, I none the less declare that any submissions ( Articles ) taxed from the masses shall be displayed with vigor and appreciation. Our court jester ( Roy ) did look upon the large granite towers of the Mints and found them to far away, so be it that but a harty wave ( Mouse Click ) will summon you a smart fast carriage to convey you to their very ( Virtual ) door step.
Best
Ray D Larson



**** WINS BIO ****


Jason Craton

"I am certain it will be more agreeable to the citizens of the United States to see the head of Liberty on their coin, than the head of presidents." - George Washington

I was born in Puyallup Washington, near Seattle/Tacoma. My Grandfather started letting my brother and I play with coins and stamps at a very young age. My family moved away at age seven to Yakima Washington. And I've lived in Yakima Valley ever since. My Grandfather passed away shortly after our move and his coin collection was packed up and stored away. Collecting wasn't really a big part of my life after my Grandfather passed away and teenage years brought on many different interests and coin collecting took the back seat. I'd still pick an occasional silver or wheat from pocket change and thought of my Grandfather every time I'd find one. Years later when my Grandmother decided to divide my Grandfather's collection up, the members of my family all walked away with a thousand plus coins each. These coins really sparked my collecting interest in a major way. I began to daydream about these little pieces of art and history and would think about who's hands these coins may have passed through. I started digging around on the internet and found a brand-new coin club that had some pretty neat members. BINGO! people to share my passion with! I learned about grading and how the condition of a coin, in most cases, is what makes it either worthless or valuable. I also learned that most of the coins I inherited were not as valuable as I thought but was very pleased anyway. If it weren't for that internet club, I don't think I would have stuck with collecting.

My first real love in collecting was the Walking Liberty half dollar. I learned to grade them and managed to build an almost complete set (minus two key dates) in circulated condition. Next came Franklins. I think Franklin halves are sleepers waiting to explode in value. Every once in awhile I'll pick up a BU roll and search for some higher grades and FBL's. After Franklin halves I got interested in Lincoln's and then buffalos. Next came Error coins. Error coins are still "my thing". I don't know what it is about errors that has me hooked like I am. Maybe it's because they are intriguing to me. I can look at an error coin and try and figure out how it happened and I think of it's journey though the coining process and it's journey from the mint and how it wound up in Jason Craton's possession.

In between all of the above I met my wife. We married, had a couple of kids and I helped put her through school. She is an RN in a Critical Care Unit. I'm now a stay at home Dad. We are making a move to Seaside Oregon. We have found a little house ½ block off the ocean. We don't know how long we'll stay or what it will be like but we are going to make a go of it while the kids are still young.
--
Jason Craton -- ANA R-195238





The Feature Coin

The Panama Twenty Balboa

This issue's featured coin is a reminder that WINS is a World Club and not all rare and beautiful coins have the United States of America minted on the reverse. This extremely large coin ( The picture is actual size if you are running at 800 X 600 resolution ) is a 1985 proof. It is of .500 silver with a total weight 1.9273 oz of silver. Its name is "The Discovery of the Pacific" and as its main portrait explorer Vasco Nunez de Balboa and a depiction of the very rare Harpy Eagle which is native to the Panama area. These coins were minted for Panama by the Franklin mint, and they like Canada's coinage have the medal format as opposed to the U.S. coin format. This coin was only minted in proof and the total mintage was 1,402 pieces, yes that is pieces not thousands. The coins present value is somewhere between $150 and $200, of course you could buy an 1895 proof Morgan dollar in 1962 for just about that same price. Who knows?



? ? ? Trivia Question ? ? ?

What was the very first U.S. coin to have the designer's signiture placed on it, and who was the designer?
Answer at the bottom of this page.





o O o MINT WATCH o O o

The U. S. Mint

Need a digital picture of one of our current U.S. coins, or commemoratives, you will find it to download right from the mints Pressroom. Click on the above "Title" and it will take you right to the url of the mints picture download page.

The Royal British Mint

This Royal Mint page will allow you to download screensavers and wallpaper for your computer, Just one of those freebees you can find on the internet.

The Austrian Mint

Here you can find all about the history of the famous Austria, Maria Theresa Taler probably the worlds first bullion coin, its home mint, although this famous coin has been known to be minted in mints all over the world. Makes it easier when you do not have to ever change the date on your coinage.


The French Mint



The Royal Canadian Mint

The Home of that other gold dollar, you know the one with a duck on it.

The Royal Australian Mint

Some really neat student designed coins are displayed.




Hobby History

Gold-Yes-No-Maybe

In 1933 on the 5th of April President Roosevelt issued an order stopping banks from paying out gold and or gold certificates without the governments permission, and gold currancy was kept for reserve purposes. Gold imports and newly mined gold could only be sold to the government. Gold coin and bullion may now be held by anyone as all resrictions were removed in 1975. Has the yellow metal that has been wealths safety net in man's two thousand years of recorded history lost its luster in this age of dot coms and electronic funds transfers, or is gold not as the old saying goes 'The Root of all Evil' but the benifactor of evil, or at least a disaster of enough magnitude to test its value. Yes No Maybe.




? ? ? Trivia Answer ? ? ?

The answer is the 1864 Indian head cent and the designers initial " L " stood for James Longacre. Interestingly even though all future Indian head cents carried the designers initial, the 1864 only had a very small portion of the years mintage with the " L " therefore this coin commands a premium of seven or eight times that of the 1864 without the initial.




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