Worldwide Bi-Metallic Collectors Club

WBCC Newsmail 171, Volume 4, November 20, 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,

As usual every week you can read the WBCC Newsmail with new about
Bi-metallic. I hope you enjoy reading it!!

1. Bi-metallic Scrip Hunting......by Jack Hepler, USA

I visited coal country last week and met with Mr. Harold Snodgress,
President of the National Scrip Collectors Association, Inc. (NSCA). He was
very interested in the Bi-metallics I brought with me and began to look with
me through scrip he had on hand for specimens of Bi-metallic Coal Company
Scrip. This was my first opportunity to obtain Bi-metallic scrip and he had
several companies, denominations, shapes, and materials.

All of the specimens I saw had a core of aluminum, which in circulation is
not very durable, easily worn and damaged by usage. Condition is important
to coin and (Bi-metallic) token collectors, so most coin collectors will be
disappointed by the condition of coal company scrip. Under the conditions
which it was issued and used, one could hardly expect to find uncirculated
or high quality specimens. Apparently scrip collectors are not so much
concerned by condition as by the rarity of the specimen. As long as the
piece is not extensively damaged or mutilated, it retains most of its value
in the scrip collecting field.
Collecting Bi-metallic scrip will be a challenging effort especially so
because it was produces in relatively small quantities, its usage was very
local and much of the scrip was scrapped after the practice of using scrip
was discontinued.
To correct part of my earlier article on Coal Company Scrip, the following
definition is provided by the NSCA:

Coal scrip is tokens or paper with a monetary value issued to employees as
an advance on wages by the coal company or its designated representative.
The total face value of this scrip subsequently is deducted by the employer
against wages earned and so reflected on the employee's pay statement.

Several images can be seen in the WBCC Homepage:

2. (Bi-metallic) Euros 2002 from Luxembourg..by Martin Peeters, Netherlands

The Belgium Mint strikes the present coins for Luxembourg. According a Dutch
coinmagazine the future 2002 (Bi-metallic) Euros of Luxembourg (Letzeburg),
member of the European Union, will be struck at the Royal Dutch Mint.

3. Bi-metallics on eBay or Yahoo Aucion World...by Martin Peeters,

Looking for Bi-metallics?, eBay (http://coins.ebay.com/is very populair. But
there is more. In Yahoo Auction World you can also look for Bi-metallics.
Take a look at: http://auctions.yahoo.com/29636-category.html

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

This weeks new pictures in the WBCC Homepage:

* US 25 Cent Trade Token from Gibraltar Coal Mining Co. of Brownie  KY
* Switzrland 1 Sablier MTT from Geneve
* WBCC member Larry Friemel with his Bi-metallic sniffer dog, better than a
metal detector
* US 10c Meat Market Trade Token from F.K. Lowe's at Monongah W. Va.  Copper
variety right
* 25c & 50c tokens from F.K. Lowe's
* US $5 Trade Token from Liberty Trading Company of Madera  PA
* Chocolate 2 Euros with French and German reverses
* US Transport Token. Orange Street Bus Line Inc
* US Transport Token. Tidewater Transport Token
* US Control Token CT39 with concentric ring design in outer ring
* US Slot Machine Amusement Tokens

5. (Bi-metallic) Euro question..by Allen Berman (Non WBCC member), USA

I am hoping that you may have some information. I have seen the Vatican Euro
and am curious about its status. As I understand it the various Italian city
Euros are struck by order of the municiple government as experiments to see
if the Euro coins will be "accepted" by people. However the Vatican is a
sovereign state and I would think they would be more hesitant to make and
circulate test coins. Also I get their numismatic newsletter and there has
been no mention of them in it. Are these Vatican Euros private fantasies or
official Vatican issues, or perhaps something in between. Any knowledge I
do not have now would be greatly appreciated. e-mail me at: agberman@aol.com

6. Bi-metallics from San Marino..by Martin Peeters, Netherlands

According a newsletter of the Philatelic and Numismatic Department of the
Republic of San Marino, they will issue a 2000 divisional coin set (with the
Bi-metallic 500 and 1000 Lire). The issue date is March 2000 and the price
is 36,000 Lire.

7. Collectors Universe article...by Martin Peeters, Netherlands

The following article I could read in Collectors Universe,
http://www.collectors.com/worldcoin/ , and it is written by WBCC member
Richard Giedroyc, USA.

Ringed Bimetallics: New and Already Improved
Richard Giedroyc - November 18, 1999

The ringed bimetal coin has really caught on around the world. It may have
started as a novelty concept, but today it is taken very seriously.
Ringed bimetal coins are struck by more than 40 different countries and are
typically high-denomination coins. Some have replaced low-denomination bank
notes of the same value as cost-saving measures. The ring of one metal
against a center of another metal of a different color not only is
distinctive and easy to identify, but it is a great security element making
the coins difficult to counterfeit.
Ringed bimetal and two-metal coins have been made periodically since
second-century A.D. Rome, however the modern concept began in 1982 in Italy.
The Italian State Mint began striking such coins for San Marino, Vatican
City and Italy that year. The problem with the early coins of the 1980s was
that the center could be dislodged from the ring with some reasonable force.
In 1987 Monnaie de Paris had some major problems. A new 10-franc coin was
issued and quickly withdrawn two months later after it was learned that, by
some incredible oversight, the two denominations were of the same diameter
and weight. The half-franc coin was able to be vended and accepted in coin
operated machines as a 10-franc value coin. The Mint director was fired over
this oversight.
Patrice Cahart was brought on board as the new Mint director, ordered by the
government to clean up the mess. Cahart immediately looked to Italy's recent
re-introduction of the ringed bimetal coin as the answer to France's
problems. Cahart was aware of Italy's problem with the center coming loose
from the ring and went about finding a better mousetrap if he was to use the
basic technique for a replacement for the recently departed 10-franc
The solution may in retrospect sound very simple, but at the time it wasn't
viewed that way. Cahart developed a technique by which the ring of the coin
was produced with several small grooves within the inside of the ring. Now
if the center or "heart" could be placed inside the ring and the design for
both struck simultaneously, the metal flow from the center would send enough
metal into the grooves in the ring to lock the two pieces together. Although
this basic technique worked when the first ringed bimetal 10-franc coins
were struck in 1988, further innovations based on this idea have since been
developed at several world Mints to make the two separate metals lock even
Cahart wasn't done yet. Almost as soon as he struck the first successful
10-franc coins of two metals for circulation, he issued collector coins made
of a combination of white and yellow gold as a ringed bimetal issue. This
was a first anywhere in the world. Since that time several world Mints have
borrowed the same idea, using platinum and other precious metals to make
some very attractive collector issues. France wasn't done quite yet with
such innovations. In 1992 Monnaie de Paris struck the world's first ringed
trimetal coins, a 20-franc for France and a 20-franc for neighboring Monaco.
Although this has since been imitated by a few other world Mints, few such
circulation coins have yet to be struck anywhere.
It's amazing how out of a catastrophe such as the mistake between the half-
and 10-franc coins of 1987, such innovations can be the net result. Cahart
has since gone on to other non-numismatic career changes. His name has
become a mere footnote to modern numismatic history. His re-invention of the
two-metal coin concept will remembered long after his name is forgotten.
We live in a day of many innovations in coin production and technique, but
the ringed bimetal coin may be here to stay, thanks to Cahart and his

Richard Giedroyc is a numismatic writer, researcher, auction cataloger and
coin dealer. He has been in the hobby and business most of his life, now
having more than three decades experience in this fascinating hobby field.
During this time Giedroyc has been the owner of Paris Bergman Galleries,
owner of Classical Coin Newsletter, international editor of Coin World and
owner of Giedroyc-Anderson Interesting World Coins. He is currently a
numismatic consultant. He has written more than 2,000 byline numismatic
stories and contributed to several coin catalogs.

8. Coin World article...by Martin Peeters, Netherlands

The following article I could read in Coin World issue of November 15th.:

Portugal misspells country's name on coins, recalls all
Portugal has recalled all of the 1999 bimetallic 100- and 200-escudo coins
commemorating the work of UNICEF because the name of the country was
misspelled. The name of the country as it appears on its coins is REPUBLICA
PORTUGUESA. However, a typographical error was introduced when the hubs were
made and the letter E was dropped, giving the name of the nation as
REPUBLICA PORTUGUSA. Estimates as that only 5,000 to 10,000 coins were
released. However, the exact number of each denomination is not known at
this time.  The Portuguese national Mint, Casa da Moeda do Portugal, has
recalled all the coins. Collectors slready held some when the error was
discovered. The recall also affects the 1999 Mint sets, which were also
withdrawn. It is believed that no Mint sets were released.  The source of
the error is still under investigation. Portugal makes its own coins in its
own national Mint, the Casa da Moeda. Many nations contract their coinage to
government corporations such as the Royal British Mint and the Royal
Canadian Mint, or to private corporations such as the Pobjoy Mint or the
Franklin Mint.

--Remark WBCC Focal Point: As reported in WBCC Newsmail 168, item 3, the is
error is only made with the Bi-metallic 100 Escudos 1999, commemorate
Unicef. A picture of this Bi-metallic Error can be seen in the WBCC
Homepage: http://www.geocities.com/RodeoDrive/7513/wbcc/wbcc.html

9. My Bi- and Tri-metallic list...by Paul Davis, Canada

If you take a look in my Homepage: http://www.arcticcoin.com/ you will find a
huge list of Bi- and Tri-metallics from Armenia, Canada, Cuba, Gibraltar,
Great Britain, Guatamala, Honduras, Hong Hong, Itlay, Maldive Islands, Peru,
Russia, Tanzania and Vatican. Pictures can be seen at my Homepage and the
WBCC Homepage. If you have interest in these Bi- and Tri-metallic coins you
can contact me at:
Paul Davis
Arctic Coin, Ottawa Inc
E-mail: paul@arcticcoin.com

10. Bi-metallics from Russia...by Wadim Nensberg, Russia

I can offer the full set of Russia Bi-metallics (15 Pieces) mentioned in the
Red-Book. If interested E-mail me at nensberg@usa.net or wadim@mega.ru. You
can also take a look in my Homepage: http://come.to/nensberg/

"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