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Coinsguy2010

CONECA Board Positions Open

Election time is once again imminent and there are a large number of Officer and Board positions that have no candidate running.  All CONECA members age 18 and older and of at least one year standing are invited to run for any elected position, open or otherwise.  You’ll find a full listing of Officer and Board positions and their responsibilities at this web address:  http://www.conecaonline.org/content/bylawspage.html

Contested, unopposed, and vacant positions are as follows:

President (Mike Diamond, James Wiles, Mark Lighterman currently running)

Vice-President (vacant)

Treasurer (Jim Checkovich currently running unopposed)

Secretary (vacant)

Board Seat #1: Membership (vacant)

Board Seat #2: Publications (vacant)

Board Seat #3: Youth Director (Jon Sullivan currently running unopposed)

Board Seat #4: Public Relations/Elections (vacant)

Board Seat #5: Webmaster (Ken Potter currently running unopposed)

Board Seat #6: Attribution and Examination Services (vacant)

Board Seat #7: Recognitions and Historian (vacant)

Board Seat #8: Errorama/ANA liaison (vacant)

                NB: While our Treasurer, Jim Checkovich, has agreed to serve another term, he’d like the club to begin looking for a replacement.

                Any qualified CONECA member can also choose to run as an “at-large” candidate.  At-large candidates will be available to fill any position that remains open after the election has concluded.  Naturally, it would have to be a position that appeals to the candidate.

To have your election platform printed in the September/October issue of Errorscope, please send your name and your platform to Jeff Ylitalo at jylitalo@yahoo.com by Sunday, August 15th.  Include the subject line “CONECA 2010 Elections”.

CALCULATING TODAY'S MELT VALUE (USD)Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:

 $18.18  =silver price / ounce on Apr 23, 2010..40  =silver % $3.5034  =copper price / pound on Apr 23, 2010..60  =copper %11.5  =total weight in grams.0321507466  =ounce/gram conversion factor.00220462262  =pound/gram conversion factor (see note directly below)

The NYMEX uses pounds to price copper and that means we need to multiply the metal price by .00220462262 to make the conversion to grams. The silver price is based in troy ounces and that means we need to multiply the metal price by .0321507466 to make the conversion to grams.

1. Calculate 40% silver value :

    (18.18 × .0321507466 × 11.5 × .40)  =  $2.6887026366

$2.6887 is the rounded silver value for the 1965-1970 silver Kennedy half dollar on April 23, 2010. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below.

2. Calculate 60% copper value :

    (3.5034 × .00220462262 × 11.5 × .60)  =  $0.0532926

3. Add the two together :

    $2.6887026366 + $0.0532926 = $2.7419952366

$2.7419952366 is the total melt value for the 1965-1970 silver Kennedy half dollar on April 23, 2010.

  ← Calculate coin worth using your own quantity and silver price values.

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MINTAGE AND COLLECTIBLE VALUE (USD)The "Year" column lists the year and mint mark on the coin -- D is for Denver, S is for San Francisco, and P is for Philadelphia. A coin without a mint mark means it was also minted in Philadelphia. The "Mintage" column is the number of coins struck and released by the U.S. Mint. The "Numismatic Value Range" column represents what people typically pay for that type of coin (usually a very wide price range depending on the condition).

YearMintageNumismatic Value Range196565,879,366$2.00 - $20.001966108,984,932$2.00 - $20.001967295,046,978$2.00 - $20.001968 D246,951,930$2.00 - $20.001969 D129,881,800$2.00 - $20.001970 D2,150,000$5.00 - $40.00

If you think a coin should be added/subtracted, please send an email.

If you're interested in learning more about grading coins, Photograde is an excellent resource.

By Ken Potter

By way of introduction, I am an error and variety coin specialist from Michigan. As a charter life member of the Combined Organizations of Numismatic Error Collectors of America (CONECA) and a founding member of the National Collector’s Association of Die Doubling (NCADD), I serve both groups independently as their official attributor of world (non-U.S.) hub doubled dies and I privately list all types of die varieties on both U.S. and other world coins in the Variety Coin Register(r). I am also a columnist for Coin World, World Coin News, Canadian Coin News, Cherrypickers’ News and several club publications.

While I plan to examine issues other than errors and varieties, most of what I plan for this column will relate to my area of expertise. Before getting started I should mention that varieties listed within the Variety Coin Register(r) (VCR) are assigned a primary VCR number and a secondary number that defines the variety type or class. This reference number will accompany the description for most varieties shown in this column. I believe the system is rather self- explanatory but if anybody desires a detailed explanation they may contact me via e-mail and request “Form#VCR”.

Another item in need of explanation is how I differentiate between errors and varieties. The lines of

demarcation are not always clear and tend to vary between specialists. One area of agreement is that any mechanically misstruck coin or a coin struck on an improperly prepared planchet is an error coin. It is also a consensus that any coin displaying a deliberate change in design is considered a “die variety”. Thus a coin struck “off-center” or “struck on a damaged planchet” is considered and “error” while a coin exhibiting a change in the style of lettering, etc., is considered a deliberate “variety”.

Some specialists argue that certain “varieties” such as repunched Mint marks (RPMs) and hub doubled dies are actually “errors” because there is no intent by the Mint to prepare a “flawed” die. Others argue many RPMs and doubled dies are more appropriately defined as a “variety”; they believe they’re deliberately released and contend that many issuing authorities consider such flaws trivial and an expected byproduct of tolerances and processes in place (a stance with which I pretty much agree).

It is also known that some “overdates” were deliberately created by the Mint to extend the life of an otherwise obsolete die, while it is presumed that others were created in error. While most specialists agree, determining which dies were deliberately overdated and which were not is often an exercise in futility. Thus we cannot know for certain if we can accurately apply the term “error” to many “overdates”.

From my standpoint the subject is moot as all errors are (according to Webster’s definition) “varieties”. Each collector has his/her own feelings on what constitutes a variety or an error and the hobby could debate the subject to infinitum. I refuse to debate the topic feeling we can all agree to disagree (when necessary) without any harm to the hobby.

To be practical, I tend to refer to doubled dies and most other types of “die errors” as being “varieties”, and items such as “double strikes” and off-center strikes” as “errors” because this is the most commonly accepted nomenclature associated with each area currently in use in the hobby.

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Updated: January 30, 2009Coins Struck on Finger Feeder TipsAfter a recent tour of the U.S. Mint in Philadelphia, it was discovered that the minting process had changed to some degree. One of the changes was that “feeder fingers” were used during the striking of all denominations of U.S. coins. Prior to this tour, U.S. coins that were struck on feeder finger tips were authenticated and described as being struck on aluminum scrap. Coins from all modern denominations have been discovered that were struck on the tips of these feeder fingers.

Hope Every one Finds this site Interesting,Coinsguy2010

Member of Coneca  2010