ATTENDANCE: 30 members & 2 guests, one of whom (Ashraf K, who was referred by Daniel L) has joined the club. Welcome!
BARRY’S BUDGET: $1613 in the bank; club had a deficit of $756 in 2016/2017 due to the high cost ($2,000) of producing “Canada 150” medallions; room rental is now $61 per month.
OPENING DISCUSSION: The meeting was brought to order at 7:41PM by Mike J: the copper medals will be distributed to all members in good standing in October, and there are still a few copper and silver medals available for sale (see Barry).
Mike A read the agenda for the year. Barry read his notes from the ONA annual meeting and awards presentation. Mike J reviewed the RCNA Convention held in July in Boucherville, which was well attended by our club members and dealers.
The Ottawa Canada Currency Museum (website) finally opened on July 01 at their new location after four years of renovation. Mike J visited and says it is well worth the trip. The exhibits have changed a lot and there is a perfect specimen 1936 dot cent, a 1988 uncut sheet of $1000 bills and other unique artifcats. While in Ottawa, why not visit the Royal Canadian Mint (website) or Universal Coins (here) or Ashbrook Collectibles (here).
There is an article about the Currency Museum in a recent RCNA journal in our club library (see Jason).
Nuphilex is Nov 11-12-13 in Montreal, same location (link)
Richard S. saw two new books introduced at the convention, one on Nfld gold coins and Bob Benoit’s QC Dairy Tokens book:
Both of these books are available from Richard, please see him to order your copy. Mark B bought a copy and reports it is the most comprehensive book written on the subject, many years of research has gone into it.
BREAK: coffee, tea, juice and cookies provided by David. Please leave a few coins in the dish for the club!
MEETING CONTENT: the rest of the meeting was a Bourse night/buy and sell/show and tell/meet and greet.
Side note: a new toonie was released on Oct 03 commemorating Vimy Ridge. Order yours here.
NEXT MEETING DATE: OCTOBER 17 ,2017 at 7:00 p.m.
SUBJECT: “HYPER INFLATION” Mike J (President) and Peter M (Education Director) will collaborate on this subject which spans centuries and is often not well understood. What is hyper inflation and what are its causes? How does it stop? Many of us own German 50 million mark notes from the 1920’s or Zimbabwe 100 trillion dollar notes from 2008 but why do they exist, are they real, and who let it happen? All members are encouraged to bring in their hyper-inflation notes or coins or images to show to the members.