Worldwide Bi-Metallic Collectors Club
Newsmail #253

 
WBCC Newsmail 253, Volume 6, June 16, 2001
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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.
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Dear WBCC members and non WBCC members,

I hope you really enjoy reading this weeks WBCC Newsmail !!

1. My new E-mail address..by Wladek Gebczyk, Poland

Please read my new E-mail address: Wladek Gebczyk (WBCC member #155)

2. Bi-metallic 20 Yuan 2001 from Taiwan...by Chung-Jen Chen, Taiwan

According to the local newspaper that the Central Bank will issue new
bimetal coin (20 NTD) in july. A picture, the front is National Hero who
fight againest the Japan and the back are native Taiwanese canoe for fishing
can be seen soon in the WBCC Website, section New Images.

3. Bi-metallic 5 Pound from Tokelau...by Keith Beaumont, UK

The Bi-metallic 5 Pound of Tokelau is Issue 11 of Queen Mother Centenary
just received, details same as last issue. A picture can be seen in the WBCC
Website, section New Images.

4. Bi-metallic Proof version of Jamican 20 Dollar coin...by Paul Baker, UK

The other day through www.cointoday.com I found at...
http://quote.bloomberg.com/fgcgi.cgi?T=finer99_art.ht&s=AOyTO4BP5SmFtYWlj
Details that the 2000 Proof coin set for Jamaica includes a Proof version of
the Bi-metallic Jamaican 20 Dollar coin. The set is made by the British
Royal Mint and has a mintage limit of just five-hundred sets.

5. International Mint in Italy......by Fabio Guerrieri, Italy

The International Mint in Itlay, known for striking Italian Bi-metallic Euro
MTT's, Bi-metallic Carwash and Gamint Tokens, has now a site
www.internationalmint.it. It is now only in Italian langufge but soon in
English too.

6. Bi-metallic Euro troubles?..........by Kyle Mutcher, Canada

The following I could read:

--Quote
Agency: Copyright 1999 by United Press International (via ClariNet)
Date: Fri, 26 Feb 1999 7:45:06 PST

LONDON, Feb. 26 (UPI) -- European vending machine operators say failure to
come up with a standard for the electrical resistance of key "euro" coins
will seriously undermine confidence in the new currency.
The issue is complex and bedeviling, but Catherine Piana of the European
Vending Association warns today that if no solution is found, there could be
a flood of counterfeit new EU coins.
"This has to be solved now," Piana told ITN News. "The industry wants
something to happen quickly. If it does not there will be chaos."
The problem this time stems from coins made from two metals. Establishing a
consistent electronic signature is more difficult because of the combination
of metals. According to Piana, there are broad variations in production
methods in the EU's 15 mints which means the "bimetallic coins are likely to
have widely differing electronic signatures." She says it is difficult for
vending machines to be programmed to accept such a variety of coins, and
remain able to sort out illegal substitutes.
She says if the vending machine operators allow such a wide variety of coins
for soft drinks, cigarettes, and parking, then it will be easier for
counterfeiters to produce substitutes.
"The only alternative is to make the machines accept only certain coins, but
that will lead to frustration among consumers," said Piana.
The problem is the second to emerge with the new coin set, which goes into
circulation in the countries that have adopted the single currency in 2002.
Earlier this year, vending machine operators and groups representing
Europe's 7.5 million blind and partially sighted residents said some of the
coins were too difficult to distinguish by feel. To meet those demands, new
specifications are being adopted for the 10 cent and 50 cent coins. The
single currency is already in use across the EU for electronic trading, such
as in the stock markets and for government transactions. Those transactions
began Jan. 4. Bank notes and coins are -- for now -- scheduled to enter
circulationin January of 2002.
--Unquote

The WBCC Bi-metallic Quiz Game #253...by Jack Hepler, USA

The introduction of modern Bi-metallic coins by Italy started a very popular
technique in the numismatic art and has become very popular among
collectors, too. In which year did Italy introduce the first of the modern
Bi-metallics as a standard circulation coin?
a. 1982
b. 1983
c. 1984
d. 1985
Please send your answer to me. The answer will be shown in
the WBCC Newsmail next week.

Answer to Bi-metallic Quiz Game question #252.
Several Bi-metallic coins were introduced in the year 2000 to celebrate the
new millennium. For which country listed below, was this also the first
Bi-metallic coin?
a. Australia
b. Finland
c. Singapore
d. Ukraine
Answer to Question #252 is "d", Ukraine.
Summary of answers to Quiz Game Question #251; 100% correct

"See you" next week,
Martin Peeters, Focal Point of the
Worldwide Bi-metallic Collectors Club
* --------------------------------------------------------------
The Worldwide Bi-metallic Collectors Club (WBCC)
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 Websmaster, JD White, USA.

WBCC DoCu-Centre: Frans Dubois, Netherlands.

WBCC Public Relations: Cliff Anderson,USA.

WBCC Research Centre: Paul Baker, UK.

WBCC Developement Centre: Jack Hepler, USA.

WBCC Focal Point: ANA Convention 2001, Ray Lockwood, USA.

WBCC Focal Point: Martin Peeters, Netherlands.
WBCC Website
Forum Page


The WBCC is officially sponsored for the Basel World Money Fair by:

* Imprensa Nacional - Casa da Moeda, S.A (The Portuguese Mint)

and Schuler Presses, Germany.


 
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