INTERNATIONAL NUMISMATIC

SOCIETY OF SAN DIEGO

CSNA 1268 - NASC 3026 ANA C-71399

Year LXII   No. 4

Fourth Wednesday, April 24, 2024

Allied Gardens Rec Center, 5155 Greenbrier Ave., San Diego

5:15 p.m., Doors Open at About 4:45 p.m.

Topic This Month:

Inflation in Numismatics

Ron Guth – Hyper Inflation in Germany

This meeting will be an in-person meeting only and not streamed on the internet.

Numismatics plays a crucial role in understanding economics.  It provides valuable insights into the economic conditions, trade practices, and monetary policies of different time periods.  The rarity, material, and descriptions on coins can reveal information about inflation, wealth distribution, and economic stability during a certain era.  Therefore, numismatics serves as a tangible link in our economic past, helping economists and historians decode economic patterns and trends over centuries.

We are again honored to have Ron Guth as our speaker.  His biography is long and impressive.  Ron is a numismatic expert.  His complete biography may be found on his website –GERMANCOINS.COM.

What examples of inflation in numismatics are included in your collections?  Please consider bringing them to share at our meeting.  This promises to be a very interesting and informative evening.  Bring a friend.

2024 INSSD Meeting Topics

May – Mexico & Latin America – NNP – A Beginner Type Set of Mexican Coins 1537 to Today

APRIL QUIZ by Bob Fritsch

That was a fantastic eclipse earlier this month.  We were on the 94% zone, still something worth watching.

Ron Guth (Hi Ron) will be talking about inflation and so will this quiz.  Here are several inflation currencies or situations, you name the country.

1.  Pesos to Australes to Pesos

2.  100,000,000 (that’s 100 trillion) B-pengō in 1946

3.  Cruzerio to Cruzado to Cruzerio to Real

4.  50,000 Leu to 5 Leu in 2005

5.  One Hundred Trillion Dollars in 2008

6.  Cien Mil (100,000) Bolivares in 2017.

7.  One Million Rials in 2020.

8.  10,000,000,000 Dinars in 1993.

9.  500,000 Dong in 2021.

10. 50,000 Kwacha to 50 Kwacha in 2013.

MARCH QUIZ by Bob Fritsch

Here we are four days into Spring and we get a foot of snow (at least, up north).  But the crocus are already shooting up and we are looking forward to returning warmth.

The Science of Numismatics is history, and our coins, medals and paper money are artifacts of that history.  What are your favorites?

1.  The LOSER of a famous battle fought that same year is depicted on several coins.  Listen to the Overture..

2.  Considered by many to be The Most Historical Coin Ever, it celebrates a famous ancient murder.

3.  Many did not like the depiction of bondage on this coin, so its reverse was changed to a heraldic eagle.

4.  This famous apple-shooter is on a current European coin.  Listen to the overture.

MARCH ANSWERS

1. Napoleon.  2. Ides of March Denarius / Aureus.  3. 1793 US Chain Cent.  4. William Tell on Swiss 5 Francs.

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INTERNATIONAL NUMISMATIC SOCIETY OF SAN DIEGO

MEETING MARCH 27, 2024

Meeting Topic – History in Numismatics

President Ken Spindler called the meeting to order at 5:24 pm and welcomed all.  He led us in our salute to the flag.  We had 10 members, and two guests – Mike Demeyer and Cecilia Baber.  The treasurer reported that we have $619.24 in our Wells Fargo savings account and $75.24 in cash.

Our minutes were approved as distributed in the bulletin.

Announcements:  John Grost thanked Ken Spindler for all his work as president of INSSD.  He said that he finds our club very interesting and enjoyable.