VOLUME # 59 ISSUE # 2 FEB. 2019 1 of 6

EXECUTIVE 2019 to 2020 Past President : Bruce Watt * President Sharon MacLean Vice President Terry Campbell Treasurer Vic Shewchuk Secretary Acc Sharon MacLean Librarian Paul Strong News Editor Sharon MacLean Directors Ed Keetch Marion Alexander Ernie Ruch Mike Melnichuk Bob Holden Barry Dutton

Show chair Sharon MacLean Membership Sharon MacLean Education Paul Strong Website Editor TBA

ODCC c/o Sharon MacLean, 607 Dorchester Dr. Oshawa, Ontario L1J 6L3

Oshawa & District Coin Club

Name:___________________________

Membership # :________________

he next meeting is FEB.10th 2019 Doors open at 12:30 P.M.at Rundle Park Community Centre ( Located at Park & Gibb.). Remember that the Oshawa &

District Coin Club is always open to friends and relatives. Please feel free to bring your friends and neighbors. Its nice to meet new people and you never know you may just generate new interest in the hobby.

The Numismatic Reporter

FROM THE PRES: It was a great turnout last month, nice to see everyone plus the weather held out too. MY apologies for the lateness getting back into the meeting but an item was being discussed to length. This will be watched In the future.

OUR SHOW: Our show is next month so I hope you all keep your date book open and come out and support our club.

Any volunteers are needed so if you can help out even for an hour would be great. Just sign up or let me know thanks See Pres.> con

See you all FEB. 10 S

9

Club Contact: Mail: ODCC co /Sharon Maclean 607 Dorchester Dr Oshawa Ont. L1J-6L3

Email: papman@bell.net Club Hotline 905-728-1352 Club Web: www.oshawacoinclub.com

Jan. 13th, Feb. 10th, Mar. 10th Apr. 07th, May 05th, June. 09th, Sep. 08th, Oct. 13th, Nov. 10th, Dec. 08th, Coin Shows: Feb.17th & Oct.20th 2019 at the JUBLIEE PAVILLION in Oshawa

2019 MEETING SCHEDULE Meets at Rundle Park Community Centre at 12:30 P.M. second Sunday of each month (some exceptions)

Oshawa & District Coin club Minutes of JAN.13th. 2019 meeting EXCUTIVE meeting: called 1:50pm –all present at very beginning - full quorum Present : Sharon, Vic, Marion, Ed, Ernie, Paul, Mike ,Barry, Terry & Bob, Steven

REGULAR MEETING Time 2:30 pm Call to Order Members present 34 1. CALL TO ORDER/OPENING REMARKS President Sharon Maclean, Welcomed everyone in attendance, APOLIGIED for being late back in From the EC & AG meetings 2. SECRETARY’S REPORT: Report read: - by Sharon - (steven left ) Any errors or omissions: None. Motion to accept Minutes as read; by; Ed Keetch Second by; Wayne Goring Motion: Carried 3. TREASURES REPORT: Report read: by Vic Club Balance after expenses - Good Any errors or omissions: None Motion to adopt the treasures report as read by: 1st. by: Al Hynes 2nd by: Wayne Goring Motion: Carried 4. LIBRARY REPORT: None 5. EDUCATION: Slide Presentation on Molson bank of Canada—History of the Molson's bank notes & notes used I missed a bit but otherwise what I seen was great presentation Thanks Paul

ADDED NOTE! A Gentleman: John Masterson from Beaver mint came to the Jan meeting and displayed a lot of various SIL items he can make at his Mint he was well received and members were interested in looking at the various items their were skulls, bars, rounds, squares, rectangles to name a few. Please note! I extend my apologies now if I got the name wrong 6. PRESIDENTS REMARKS: Discussed : general news items from around & updates including Oshawa's own armory lovely pic and write up. Update on the million gold coin stolen this is thought to have been cut up and sold in smaller pieces. :talked about paperless so if any member can go paperless please let me know. : mentioned about 2019 memberships renewals and that members have till FEB 28 to renew or names will be removed. Club news: Our Show next month I hope the members will keep this date open and come out and support our club. Volunteers are needed so if you can help out for even for an hour this would be Fantastic 7. OPEN FLOOR for DISCUSSION: Not held ** Instead explained what happened at the executive /AGM meeting and that their would be no voting on the constitution. So everyone our current constitution will stand. 8. ADJOURNMENT (3:35pm) Motion to Adjourn by : Terry Campbell Second; Bob Holden Motion: carried. Attendance draw won by: James Rees Door draws won by : 1st Linda Melichive 2nd: Jim Wild Donation Auction: was held Reg. Auction: not held - no items

xt Meeting: FEB.10th /19 !!!!!! S

Front Adelaide Pound

1852

Back Adelaide Pound

1852

AUSTRALIAN GOLD COIN A PRIZED COLLECTABLE

The 1852 Adelaide Pound has a unique place in Australia’s history as the nation’s very first gold coin, minted at the Government Assay Office in Adelaide. The coin is a national treasure: recognised worldwide as one of Australia’s most prestigious rarities. The appeal of the Adelaide Pound is timeless. The production of the nation’s first gold coin at the Government Assay Office was plagued with prob-lems. Excessive pressure exerted during the early stages of the minting process cracked the reverse die in the DWT area of the legend. Approximately 40 – 50 Adelaide Pounds were however issued before the Crack was even noticed. We refer to it today as the ‘Cracked Die’ or Adelaide Pound Type 1. A second die, prepared by die maker Joshua Payne, came into use and by adjusting and lowering the pressure on the dies during the mint-ing process a further 24,000-plus Adelaide Pounds were struck. We refer to them as the Type 2 (or second die) Adelaide Pounds.

A point that is often overlooked in discussions about the Adelaide Pound is that the first and second reverse dies were very different: the first was prepared with a beaded inner circle, the second showed a crenellated inner circle. Very few Adelaide Pounds actually circulated. When it was discovered that the intrinsic value of the gold contained in each piece

exceeded its nominal value, the vast majority were promptly exported to London by profiteers and melted down. That goes a long way towards explaining why so few Adelaide Pounds survive today: approximately 30 to 40 of the Cracked Die and less than 200 struck from the second die. Owning an example of Australia’s very first gold coin, the 1852 Adelaide Pound, is for many collectors a lifetime’s ambition. The coin is rare and only a handful would appear on the market annually. Finding a quality Adelaide Pound is no easy task. Gold is a soft metal and the rigours of even minimal circulation have treated the majori-ty of Adelaide Pounds harshly. Most of the coins that we see have serious knocks and obvious flaws that are clearly visible to the naked eye. At a recent Auction this coin realized 60,000.

PRES CON > I express my sincere apologies for the lateness of getting back to the meeting. AGAIN this will be closely watched in the future.

EXCUTIVE MEETING; NOTE! No voting on any item took place. Issues were brought forward on certain things that happened so that all would be aware. Two were discussed hence being late. AGM MEETING: NOTE! No vote on any item took place. Constitution; As shown to the membership I was ready to vote and had received two ballots and told the results of these ballots. It was explained to membership what happened in our AGM meeting. As a result no votes were taken, nothing was/would have been accepted due to lack of proper procedure to amend. As a result the clubs current constitution will stand in effect. TO MEMBERSHIP: In the Dec News and mailings I submitted three options. Please keep current constitution Option #1 For your records to have. Will have couple copies available.

The Numismatic Reporter

Please Print clearly

Mr. Mrs. Miss. Jr. :_______________________________________________ Address:_______________________________________________________ City:_________________________________ Province:_____________ Postal Code:________________ Phone:( )___________________ Affiliations: CNA#_________ONA#_________CPMS#_________

Numismatic Interest:_____________________________________________

New Membertship:___Renewal Membership:___ E-Mail:______________________________________________

To read news by ; (check one) Mail_________ internet __________

Dues per year (January–December) Regular $ 8.00 Junior $ 3.00 Family $10.00 Oshawa & District Coin Club c/o Sharon MacLean 607 Dorchester Dr. Oshawa, Ont. L1J 6L3

MEMBERSHIPS

EDUCATION

CLASSIFIEDS

CLUB ITEMS

COMING SHOWS /19

EXCUTIVE MEETING; Called for 1:45 pm

FEB. Topic: is on the Western Fair Grounds Ontario All 2019 Memberships—Note ! you have till Feb 28th to renew. After which your name will be removed So please get your membership renewed and be updated and current. : YOUR ADI Please inform me any change of your adi no matter how small to be updated ***if you renewed last month then please disregard the mark on your label as these were pre printed

NOTE!!!!!! Classified can also be used for items wanted or for sale

: Their can be additional ads put in so consider putting one in.

: if you are having any trouble regarding the web or mailing please contact me.

PLEASE NOTE!! You must log onto the club website to read the newsletter

Feb. 10th - Cobourg

FEB 17th 2019 ’ COIN-A-RAMA “ 9:30-5pm at Jubilee Pavilion In Oshawa I hope you all keep this date open and come out and support our club. Feb.23 & 24th - TOREX sat 10-5pm Sun10-3 pm admis $7.00 contact Brian Smith brian@torex.net

March 9th - Cambridge sat.9-4pm contact Brent coinshow@ waterloocoinsociety.com