WBCC Newsmail 399,
Volume 9, April 3, 2004
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
Dear WBCC members and non WBCC members,
Welcome into the World Of Bi-metallics. I really hope you enjoy reading
this weeks WBCC Newsmail.
1. Bi-metallic 0-Euro..by Jose Luis Ramirez, Spain
Look into th link below. An 0 Euro "coin"
2. Bi-metallic Vatican Euros 2004..by Martin Peeters, Netherlands
The following message about the 2004 (Bi-metallic) Vatican Euro's I found
in Catholic News
Vatican anticipates stampede for newly minted euros
Vatican, Mar. 29 - The Vatican will release a new set of euros on April 2.
For security reasons the sale of collectors' sets, which is expected to bring
a large crowd, will be held outside the Vatican walls, at a site adjacent
to the basilica of St. Paul Outside the Walls.
Coins issued by the Vatican are highly prized by collectors, since they are
minted in only very limited numbers. In 2002 and 2003, the Vatican set up
a temporary shop near the Paul VI auditorium, inside the Vatican grounds,
for the sale of new collectors' sets. But last year the press of business
overwhelmed officials, and an impatient crowd produced several scuffles and
a number of minor injuries.
To ensure a more orderly sale, the Vatican moved the event to a location
where collectors will have more room as they wait in line. The Vatican mint
also increased the number of euros that will be made available by 30 percent.
The sale will begin early in the morning and continue until the collectors'
sets are all purchased.
Like all other countries in the European Union, the Vatican has the right
to mint its own euros, which feature a portrait of the Pope. But the coins
minted by the Vatican do not enter into regular circulation; they are snapped
up by collectors, like the coins of San Marino and Monaco. For a simple set
of Vatican coins for 2004, with a face value of 21 euros, collectors are
already bidding up to 225 euros ($272) on internet sites; for a premium set,
bidding has reached 550 euros ($665). The most highly sought Vatican coins,
minted in 2002, now bring a price of 755 euros ($914) for a regular set and
about 1,800 euros ($2,178) for the premium set. --Unquote
3. New Bi-metallic Euro's ?...by Martin Peeters, Netherlands
On may 1st the European Union will expand with 10 countries:
13 countries have applied to become new members: 10 of these countries -
Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland,
the Slovak Republic, and Slovenia are set to join on 1st May 2004. They are
currently known by the term "acceding countries". Bulgaria and Romania hope
to do so by 2007, while Turkey is not currently negotiating its membership.
Will the new members adopt the euro – and when? According to the EU membership
criteria, new members must be able to demonstrate the "ability to take on
the obligations of membership including adherence to the aims of political,
economic and monetary union." The future members are thus expected to adopt
the euro when they are ready to do so, but not immediately upon accession.
The adoption of the common currency by a country, following accession, demands
the respect of detailed conditions. This involves three stages:
* the current, pre-accession stage, during which the applicant country must
demonstrate irreversible progress towards a functioning market economy and
competitiveness as well as sustainable macroeconomic stability;
* an intermediary phase between accession and the adoption of the euro, in
which the new member participates fully in the Single Market, demonstrates
progress towards achieving the conditions necessary to adopt the euro, including
participation in the exchange-rate mechanism;
* participation in the euro area, provided the new member fulfils all the
criteria that apply to current members for the adoption of the single currency
(a budget deficit of less than 3 % of GDP, a debt ratio of less than 60 %
of GDP, low inflation and interest rates close to the EU average).
So far, several of the applicant countries have made good progress towards
these goals, at the same time strengthening their economic reforms.
4. Encased Collectors International.....by Martin Peeters, Netherlands
There is a new Internet club for Encased coins, the ECI, Encased Collectors
International. Encased coins are one of the range of Bi-metallics we know.
You can find this club at: http://www.starfam.us/eci/
5. Next week WBCC Newsmail...by Martin Peeters, WBCC Focal Point
Next week, April 10th, the 400th issue of the Newsmail will be published,
I hope with help of many WBCC members we will have a "great" issue with lots
of Bi-metallic news.
6. The WBCC Bi-metallic Quiz Game #399...by Jack Hepler, USA
The second labor of Hercules is featured on A 1998 Bi-metallic Two Pounds
of Gibraltar. Hercules' task was to kill the Lernean Hydra. From the
murky waters of the swamps near a place called Lerna, the hydra would rise
up and terrorize the countryside. A monstrous serpent with many heads, the
hydra attacked with poisonous venom. Nor was this beast easy prey, for one
of the heads was immortal and therefore indestructible. How many heads did
the hydra have?
Please send your answer to me: email@example.com
Note: The image of this coin may be seen on the WBCC Website at http://wbcc-online.com
Answer to Bi-metallic Quiz Game question #398.
Algeria issued a series of four Bi-metallic coins featuring images of four
members of the animal kingdom. Which animal is found on the 50 Dinar of Algeria?
Answer to Question #398 is "c"; Ibex.
Summary of Quiz Game Question #397: 13 players.
7. WBCC Quiz Game Prize...by Jack Hepler, USA
A Bi-metallic prize will be awarded to a member who correctly answers
the WBCC Quiz Game this week (#399). If more than one member gets the correct
answer, a random drawing will be conducted to select a winner. The
winner of the Bi-metallic Prize, a 10 Roubles 2002 Russia, Derbent (WBCC
Newsmail #397) is Jim Snider, (WBCC member #148).
8. New Bi- or Tri-metallic images....by Rod Sell, Australia
The new Bi- and Tri-metallic images shown at: http://wbcc-online.com/new-releases/new-images.html
New listed are:
* Gaming Tokens
* Moscow Medal
9. WBCC Auction 66 will be later...by Rod Sell, WBCC Auction Provider
The next Auction 66, won't be run until the first week in May. Auction 67
won't be until July. So Auction 66 will start on the 1st May 2004. and I
am accepting lots for this auction.
Send your lots to: Rod.Sell@elderwyn.com
"See you" in next week,
Martin Peeters, Focal Point of the Worldwide Bi-metallic Collectors
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 Webmaster & Auction Provider, Rod Sell, Australia.
WBCC DoCu-Centre: Frans Dubois,
WBCC Public Relations: Cliff Anderson,USA.
WBCC Research Centre: Paul Baker, UK.
WBCC Developement Centre: Jack Hepler, USA.
WBCC ANA Focal Point: Ray Lockwood, USA.
WBCC Focal Point: Martin Peeters, Netherlands
Bi-metallic Forum Page
The WBCC is officially sponsored for the Basel World Money
* Imprensa Nacional - Casa da Moeda, S.A (The Portuguese Mint)
and Schuler Presses, Germany.