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INTERNATIONAL NUMISMATIC

SOCIETY OF SAN DIEGO

OCTOBER 2017 MEETING

CSNA 1268 - NASC 3026                                                                                                                                                                                ANAC 71399

Year LV                                                                                                                                                                                                              No. 10

Fourth Wednesday, October 25, 2017

North Park Senior Center, 2719 Howard Ave., San Diego

6:00 p.m., Doors Open at About 5:30 p.m.


Topic This Month:

PAPER MONEY

Steve Fahrlender – Propaganda Notes of World War II


The Chinese were the first to invent paper around 100 AD. They were also the first to invent paper money, which in its early form can be traced back to the 7th century.  According to wikipedia, the development of the banknote began in the Tang Dynasty during the 7th century, with local issues of paper currency, although true paper money did not appear until the 11th century, during the Song Dynasty.  Its roots were in merchant receipts of deposit during the Tang Dynasty (618–907), as merchants and wholesalers desired to avoid the heavy bulk of copper coinage in large commercial transactions.  Their introduction was a gradual process which lasted from the late Tang Dynasty into the Song dynasty (960–1279). It began as a means for merchants to exchange heavy coinage for receipts of deposit issued as promissory notes by wholesalers' shops. These notes were valid for temporary use in a small regional territory.  By 960 the Song Dynasty, short of copper for striking coins, issued the first generally circulating notes with a promise to redeem later for some other object of value, usually specie. The issue of credit notes is often for a limited duration, and at some discount to the promised amount later. They nevertheless did not replace coins during the Song Dynasty; paper money was used alongside the coins.  Worldwide today, of course, paper money is still a predominant medium of commercial exchange.  Steve Fahrlender, is planning to provide us with our program as indicated above. What material from this area of numismatics do you have to share?  You’re encouraged to bring any material to show.  We’ll have a raffle.  Invite a friend.


Schedule of Upcoming Numismatic Events

22 October – Glendale Coin Show – Van Nuys Masonic Hall

18 November – Heartland Coin Show – Santee Guardian Angels Catholic Church

Show Schedule Source: CoinZip & The California Numismatist


Upcoming Meeting Topics for 2017

November – NO MEETING December – Asia



OCTOBER QUIZ by Bob Fritsch

Autumn is in the air and the leaves are turning, not as vivid as in past years (summer was too dry) but spectacular nonetheless.

This month we explore Paper Money.  Banknotes made of polymer substrate is all the rage nowadays, so here are some questions about them.

1.  The Bank of England recently issued a £5 polymer note that created a huge controversy.  What was the problem?  BONUS: Who is pictured on this note (besides the Queen)?

2.  Canada is now 100% polymer banknotes, but they had a problem with the first issues.  What was the problem?

3.  What anti-counterfeiting device is used on polymer banknotes instead of a watermark?

4.  Romania underwent a monetary reform around 2005 by lopping four zeros off the denominations.  

Who is depicted on the 10.000/1 Leu, the 50.000/5 Lei and the 100.000/10 Lei polymer notes?


SEPTEMBER QUIZ by Bob Fritsch

Ancient coins are the topic this month.  I would love to hear Mr. Higgie’s presentation, but hat is not to happen.  In the meantime we have the quiz.  The ancients has a whole zoo full of fantastic creatures, some nice, others not so much.  Name the creature by its description.  BONUS: name a coin depicting the critter.

1.  Body of a lion, human head.

2.  Forequarters of a horse, fish tail.

3.  Bird of prey with woman’s face.

4.  Half man, half goat.

5.  Body of a lioness, tail ending in snake head, head of a goat rising from the spine, breathed fire.

6.  Bull-headed man.

SEPTEMBER  ANSWERS

1.  Sphinx.  Kyzikos, ca 550-500BC Electrum Stater

2.  Hippocamp or hippocampus.  Bronzes of Dionysos I of Syracuse, 405-367BC.

3.  Harpy.  Kyzikos, ca 550-450BC Electrum Stater among others.

4.  Satyr.  Thasos silver Stater, ca. 412-404BC.

5.  Chimera.  Sikyon, Peloponnesos, Greece Stater, ca. 334-330BC.

6.  Minotaur.  Knossos Stater, ca 450-360BC