Worldwide Bi-Metallic Collectors Club

WBCC Newsmail 168, Volume 4, October 30, 1999
Composed with help from members of the
Worldwide Bi-metallic Collectors Club (WBCC)
and weekly published by Martin Peeters, Netherlands,
Focal Point of the WBCC, martinp@westbrabant.net

Dear WBCC members and non WBCC members,

In this week's WBCC Newsmail, news about Bi-metallics from Portugal (very
interesting), Great Britain, USA, Mexico and Laos and an overview of new
Bi-metallic pictures in the WBCC Homepage. So I hope you enjoy reading it!!

1. A New WBCC member.....by Martin Peeters, WBCC Focal Point

We have a new member. Let me introduce him to you:

Name:         Tim Lemberger (WBCC member #153), USA
E-mail:        timlemberger@hotmail.com
Age:           49
Profession: Retired
Hobby:       Coins, Politics, Computers, being with my Family
Goal:         To be a fair, friendly and honest person
Against:     Over priced coins

2. My new E-mail address..........by Jackey Endsley, USA

Please read me new E-mail address: Jackey Endsley: jme1@hitter.net

3. Bi-metallic Portugal Error 100 Escudos 1999...by Mário Baptista, Portugal

The Portuguese Mint has made an error with the this year 100 Escudos 1999
commemorating Unicef. Instead of the word PORTUGUESA they printed PORTUGUSA
on the coin. Most of these errors were retired from the market and there are
only a few circulating left (people think about 5,000 to 10,000 or even
less). A picture of this Error Bi-metallic can be seen in the WBCC Homepage:

4. Bi-metallics missing??..by Paul Baker, UK, WBCC Research Centre

Ceefax, the teletext service of the BBC, reported on Tuesday 26th October
that the Ministry of Defence were looking into the disappearance of one
hundred-thousand of the Great Britain 1999 Rugby World Cup Bi-metallic 2
Pounds coins. The short article went on to explain that the disappearance
occured just days before the coins were due to enter circulation and is not
being looked upon as theft.

I remember a few weeks ago that there were strong indications that these
coins would begin to appear in our British change at the end of September,
this was so planned so that the release could coincide with the commencement
of the Rugby World Cup tournament. Just today (Wednesday 27th October'99) I
have received some circulation pieces of these new coins from a local Post
Office. These are the first such circulation pieces I have seen or heard of.
The ten pieces were from a batch of 100 used Bi-metallic 2 Pounds coins that
the poeple at the Post Office had kindly sorted through for me. They have
been expecting and waiting for a quantity of the 1999 coins in mint bags for
some weeks now. The disappearance as reported by the BBC is quite likely the
explanation for the reduced availablity of the 1999 coins in "new" state.

According Philip Mussel, Marketing Manager Coin News (UK Coin magazine),
the news was false - it was an accounting error that led to the assumption
that the coins were missing but they have been found.

5. Bi-metallic from Switzerland...by Frans Dubois, Neterlands

After the Alexis, the Scudo and the Farinet there will be a 4th Bi-metallic
Municipal Trade Token (MTT) issue from Switserland. The name is the Sablier.
It will be issued by the Canton of Geneve.You can order it from Huguenin +
Kramer Medailleurs, ahttp://www.huguenin.ch/ or
Huguenin + Kramer Medailleurs SA
Bellevue 32
CH-2400 Le Cocle

6. Bi-metallic Coal Company Scrip...by Jack Hepler, USA

During the early part of the 20th Century, coal was the primary energy
source for most of the commerce of the day. The Appalachian Mountains,
stretching from north Alabama to Quebec were found to be one of the richest
sources of coal in the country. Hundreds of small coal mining operations
were started to satisfy the nation's enormous appetite for fuel. Often these
sites were in very remote, unpopulated parts of the mountain chain. To
satisfy the demand for labor, Coal Companies offered incentives including
schools, medical treatment, housing, initial credit for purchase of food and
supplies, and a job for the poor folks who were often near starvation in the
surrounding areas. Some communities were so remote that barter was the
primary mode of commerce, thus, there was also a serious shortage of stores,
so the Coal Companies added mercantile outlets Company Stores) to the list
of incentives.
There was also a shortage of circulating currency and coin. Introduction of
scrip as a method of payment for the coal miners satisfied the currency
shortage. Since the scrip was not legal tender, the buyer could only make
purchases at a facility that was willing to accept the scrip. Each coal
company issued its own scrip, which was rarely accepted at any place other
than the Company Store. Those places that did accept the scrip usually
discounted the value of the scrip, sometimes as much as 50 percent. This
would then be redeemed with the Coal Company but at a discounted value,
usually 70 to 90 percent. Twenty-nine states had companies that issued what
is commonly called Coal Company Scrip. There were 13 states where
Bi-metallic scrip was issued from 59 Companies. World War II marked a
turning point in the use of scrip and within 15 years, virtually all
coal-mining operations were using only legal, US coins and currency. Much of
the scrip was melted, some buried or simply thrown away. Today, scrip is
difficult to find outside of the issuing localities and even there, a
collector needs to do some serious searching for Bi-metallics. For a list of
states and companies that had bimetallic scrip, contact Jack Hepler,
WBCCmember #47. E-mail: Heplerj@juno.com

If you look in the US Trade Tokens section of the WBCC Homepages you will
find pictures of 2 examples:
* Gibraltar Coal Mining Co of Brownie  KY
at http://members.xoom.com/RodSell/ustokens/ustradek.htm
* Clark Coal Co of Wilsonburg W.VA
at http://members.xoom.com/RodSell/ustokens/ustradeo.htm

7. Bi-metallic Oval from Mexico...by Rich Hartzog, USA

When you look in:
you will find in the section commemoratives (go to Main Menu - Medallion -
Commemorative Medals) an Oval Bi-metallic from Mexico made of Gold 14K and
Silver .999 and and depicting the Virgin.

8. Bi-metallic from Laos.........by José Monleón, Spain

The last week I have made a trip to Madrid. I visited a coinshop specialized
in coins from the mint of La Habana in Cuba. I bought a coin from Laos. This
coin is not  a ringed Bi-metallic but it is a gild.
Value - 50 Kip
Year - 1997
Diameter - 35 mm
Edge - plain
Metal - Silver
Quality - Proof
Prize - 33 Euros
A picture can be seen in the WBCC Homepage soon.

9. New Bi-metallic images......by Rod Sell, WBCC Homepage Provider

This weeks new pictures in the WBCC Homapage:

US Trade Tokens
* 25 cent & 50 cent from Fisher Lumber Co of Wisner Louisiana
* 50 cent from Easterling Lumber Co of Ora Mississippi
* 25 cent from Mint Cigar store of Great Falls Montana
* 25 cent from Yankee Mercanile Co of Yankee New Mexico
* 5 cent & 10 cent from Gersbach Wacker Co of Bartlett Texas
* 10 cent & 25 cent from F.K. Lowe's meat market of Monongah W. Virginia
* $1 from Barnett Rumble Co of Seth  W. Virginia
* 12 1/2 cent from J.H. Wilmot of Spokane Washington
* 25 cent from W.H. Brower of Spokane Washington
* 5 cent from Washington Novelty Co. of Spokane Washington
* Portugal 1999 100 Escudos error

"See" you next week,
Martin Peeters, Focal Point of the
Worldwide Bi-metallic Collectors Club
The Worldwide Bi-metallic Collectors Club
was established September 14, 1996 and is the very first Worldwide
Collectors Club using the Internet. Goal of the WBCC is exchange
Bi-metallics and exchange knowledge about Bi-metallics
WBCC Organisation:
WBCC Homepage Provider: Rod Sell, Australia, Rod.Sell@hlos.com.au
WBCC DoCu-Centre: Frans Dubois, Netherlands, dubois.f@wxs.nl
WBCC Public Relations: Cliff Anderson, USA, chander@mciworld.com
WBCC Research Centre: Paul Baker, UK, 113076.167@compuserve.com
WBCC Focal Point: Martin Peeters, Netherlands, martinp@westbrabant.net