Tag: SaddleBrooke Coin Club

SB Coin Club News

On Oct. 13 at 6:30 p.m. in the Sonoran Room of the MountainView Clubhouse, the SaddleBrooke Coin Club hosted a talk on the silver Spanish milled dollar. This time-honored coin and its fractional parts (one-half, one, two, and four reales) were the principal coins of the American colonists, and were the forerunners of our own…

Coin Club Hosts Annual Show

Terry Caldwell and Ken Marich The SaddleBrooke Coin Club (SBCC) held its annual Coin Show at the MountainView clubhouse on April 16 in conjunction with Grandkids Day. A special effort was made to introduce children to learning about coins and collecting. Over three dozen kids filtered among the exhibit tables, and each child received some…

Have you ever heard of a wooden nickle?

Ken Marich During your life has anyone ever told you “not to take a wooden nickel”? This American adage is considered to be a light-hearted reminder to be cautious in one’s financial dealings. Well, wooden nickels exist and are novelty or commemorative “coins” sometimes referred to as tokens. They date back to the late 1800s…

The cost of minting coins and currency

Ken Marich Have you ever thought about how much our U.S. coins and currency cost to produce? For our government, the monopoly on the creation of coinage and banknotes is supposed to be a profitable endeavor. Let’s first evaluate our currency (paper money). Actually, paper money is a misnomer. U.S. currency is made of a…

Jefferson nickels aided the WWII effort

Ken Marich This story starts in 1942 when WWII was underway. America’s back was against the wall as we faced Nazis in Europe and a militarist Japan in Asia. To fight the war required all of our resources and all our skill. Several of these important resources included nickel and copper. Our country needed nickel…

Coin Club is celebrating National Coin Week

Ken Marich The SaddleBrooke Coin Club (SBCC) will be sponsoring a half day coin show on April 18, 2015, in the Sonoran Room in the MountainView Clubhouse. The show will be open to the public from 9:00 a.m. to 1:00 p.m. The Coin Show will feature: Educational coin exhibits, free numismatic literature, 2015 U.S. Redbooks…

Did the U.S. ever mint a three cent coin?

Ken Marich The answer is yes. In fact, the mint issued two different three cent coins: the three cent silver (1851 to 1873) and the three cent nickel (1865 to 1889). Following the 1848 gold rush at Sutter’s Mill, the Forty-Niners mined vast amounts of gold that had an impact on U.S. coinage. The massive…