Worldwide Bi-Metallic Collectors Club
Newsmail #399


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 Jose Luis Ramirez, Spain
Look into th link below. An 0 Euro "coin"
2. Bi-metallic Vatican Euros 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 ? 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 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:

5. Next week WBCC 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 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?
a. Three.
b. Five.
c. Seven.
d. Nine.
Please send your answer to me:
Note: The image of this coin may be seen on the WBCC Website at

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?
a. Falcon.
b. Lion.
c. Ibex.
d. Horse.
Answer to Question #398 is "c"; Ibex.
Summary of Quiz Game Question #397: 13 players.

7. WBCC Quiz Game 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 Rod Sell, Australia
The new Bi- and Tri-metallic images shown at:
New listed are:
* Gaming Tokens
* Moscow Medal
9. WBCC Auction 66 will be 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:

"See you" in 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 Webmaster & Auction Provider, Rod Sell, Australia.
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 ANA Focal Point: Ray Lockwood, USA.
WBCC Focal Point: Martin Peeters, Netherlands
WBCC Website
Bi-metallic 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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