May 27th 2024.
Next club meeting Monday 3rd June 2024.
·
Annual General Meeting and Display Competition
Monday 1st July 2024.
·
Metal Detecting and its relationship with Numismatics By
John
Horn
August 2024.
·
Summer Social – Trip to the Royal Mint
Meetings are held
at the Abbey Baptist Church, Abbey Square, commencing at 7.00 p.m.
Notices
The club's AGM and
Annual display Competition for the Michael Broome Cup is the meeting where the
officers report the status of the club and the membership voice their
concerns/ideas. It is also the time where the club committee is elected for the
forthcoming year and time to renew your membership.
As last year, with
this newsletter is a single Committee Report with contributions from all the
officers and the financial balance sheet. We will not be repeating the content
verbatim at the meeting. After the formalities, the agenda points that the Committee
requires membership feedback will be discussed. Then there will be the
opportunity for members to raise any issues, so please take time to read the
report and gather your thoughts prior to the meeting. The election of officers
will follow.
If you are willing
to stand for election to the Committee please contact
the secretary at the number at the top of this newsletter.
The second part of
the evening will be devoted to the Annual Display Competition, with the winner
being awarded the Michael Broome Memorial Trophy for 1 year. Please bear in
mind that all the displays should be treated respectfully, these are members own pieces and all should be handled carefully. The
competition is open to all members and can cover any topic connected to
numismatics. So to all members, please have a go and
enter a display.
Because the
formalities of the AGM now take very little time, there WILL be some time
available at the end of the meeting for dealing but ONLY AFTER the Display
Competition has finished. Dealers can put their coins out but should COVER THEM
till the competition has completed. Note that Displays
have priority over the use of tables.
Meetings are held
at the Abbey Baptist Church, Abbey Square, commencing at 7.00 p.m.
May Meeting
Our
May meeting was a celebratory party for our 60th anniversary. It was
held in the Abbey Baptist church and was attended by 25 members and guests.
Following
some introductory words from our treasurer, we were treated to a finger buffet
and a cake decorated with the club logo. Thanks go to Peter, Jawaid and Will
for organising the food. Also on hand were our ladies who provided teas and
coffees throughout.
While
everyone was enjoying the buffet, they had a chance to look at Michael’s
display of coins. First there was a section specifically on numismatic items
relating to Reading, including a Reading 1d from the reign of Edward III,
tokens from later periods, tickets and a rare one pound
note from one of the provincial Reading Banks. Then there were some interesting
items on show concerning the Reading Coat of Arms and the scallop shell logo of
the club(see below). He had also provided some booklet
copies of one of Michael Broome’s papers on the ‘Coinage of Reading’.
A set of
Victorian coins illustrated the full range of pre-decimal coins from the tiny ¼
farthing through to the gold £5 coin - a total of 21 different denominations,
accompanied by a section showing coins from Ancient Greece through to the
modern day, (including a Charles III 50p), an alphabetical display of Foreign coins, from Austria to Zambia and Banknotes from Algeria
to Zimbabwe.
This
was rounded off by a ‘little and large’ display of the smallest coin weighing
in at ½ gm of gold and its big brother consisting of 2Kg of silver.
Also
on display were the Michael Broome cup, the Marc Myhill shield, the minute book
from the very first meeting of the club and lists of previous speakers and
winners of the various competitions throughout the previous 60 years of the
club.
After
the buffet, Michael detailed some of the more interesting pieces from his
display, John gave a short history of the club from its inception to the
present day and Will gave us an idea of what it is like to be a new member of
the club, having joined only a few years ago.
Michael
then went on to talk about the Reading Coat of Arms. This has a crowned bust in
the middle of four other busts at the corner of a square and has been in use
since 1365 by the Guild of Merchants. An earlier very similar shield possibly
represented Edward the Martyr and his four hunting companions. Michael
explained about the court intrigues going on in the reign of Edward and how he
was possibly poisoned by Queen Elfrida, so her son Aethelred (the Unready)
could ascend the throne. Indeed a coat of arms was
produced showing a crowned queen in the centre of four handmaidens or nuns,
with an ‘R’ and ‘E’ on either side of the crowned figure, possibly short for
Regina Elfrida. However the design formally granted to
Reading Corporation had a change from men to women and occurred in 1566 when
Elizabeth I was on the throne and so possibly it referred to her. Indeed the
1811 Token has the central queen much more in the Elizabethan style.
As
an extra he showed the Reading University coat of arms, which has three scallop
shells. The scallop shell is a badge connected to pilgrimage and associated
with the ‘El Camino’ pilgrimage which runs for 500 miles from Switzerland to the
Cathedral of Compostela in Spain. The cathedral contains the tomb of St. James.
Empress Matilda brought back the hand of St. James (a holy relic) which was
hidden in the walls of Reading Abbey, recovered after the dissolution in 1786
and given to Reading Museum.
Concluding
remarks were made by Peter, with thanks being offered to all who had helped to
make it such a successful day.
Documents for the AGM
Annual
Committee Report
2023-234
Committee = Jawaid, Peter, John, Henry.
Our membership has returned
to a moderate 30 members. This is not back to pre-covid numbers, which averaged
44 members, and is slightly under the number required to keep the club solvent
and operational. Fortunately, the club has reserves to cover this sort of
situation. This year we lost Val Milward a long time supporter of the club. A continuing reason
for the drop in numbers has been the parking issue and our gradually older
members not being so willing to come out at night. We do attract a small number
of new members who have found us on the net.
The Hon Sec. is still
receiving a steady supply of people contacting the club with coins for sale
that belonged to various relatives or that turned up when houses were cleared.
These all receive a standard reply, pointing out that the club is not a shop but
that we have a ‘Links’ page on our website which gives details of local
dealers.
Average attendance has been around
the 20 mark, which represents about two thirds of the
membership at any one meeting. We are back to our normal allocation of external
speakers and Club events, and our Summer Social in August this year will be a
trip to the Royal Mint.
During the year we have
covered topics in areas such as 20C banknotes, Iron Age coins, Oxford mint halfcrowns, the Monneron
brothers, the Bourton-on-the-water hoard and Pub tokens .
In addition, we have had various Short Talks and Displays from our own members.
This year, our social events
were the Xmas dinner at The Bull, Streatley, and the Party (thank you to Henry
for the spread and to Michael for the quiz). Thanks
are also due to Ian for his work at the auction.
On the thorny issue of
committee members, we are pleased to report that Will and Tony have been helping out those of us who are left, however, Peter and
John will stand down at the AGM and Will is moving to York. The positions of
Hon. Sec and Hon. Treasurer are crucial to the well-being of the Club, and
members need to address this.
We are going to be collecting
subscriptions again at the June meeting. The Committee have decided that we
will not raise the rate which will remain at £20 per annum.
In spite of a
difficult year, the Club finances remain robust because of the strength of our
reserves. Details are shown in the attached draft financial statements. They are
being inspected by the Club’s Auditor. In essence, they show a deficit of £123.56
for the year. The main reasons for the deficit are the new obligation to take
out insurance for our meetings at the Church (£182), increase in room hire
(from £625 to £669), 4 fewer members (£80), offset by a very successful
auction, which raised £374.20. The Committee has concluded that the Fixed
Assets: Library, Cabinet and Computer Equipment valuation should be maintained
at £82. Overall, on 30 April 2024, the Club had £271.16 in its current account
and £2,733.84 in its deposit account.
Minutes
of the 2023 AGM
Our
President Gavin opened the meeting.
Item 1
Apologies
were received from Ian, Martin, Michael, Stuart, David and Tony.
Item 2
Short
notes were given on the combined reports from the committee that had been
circulated with the May newsletter. What was known of the forthcoming program
was laid out. Possible events for the Summer Social were discussed, including a
trip to London. Peter explained some of the figures in the financial report and
explained why we were keeping the subs unchanged at £20. Club membership has
dropped since Covid but new members are coming to us,
mainly through the internet. BANS has waived the yearly fees as not being worth
the bother of collecting whilst the trade body has sufficient funds.
Item 3
Under
points raised by members, Neil informed us that Albert Byde’s collection was
coming up for auction in October. Tao Chong Zheng informed us that it might be
possible for us to forge links with Reading University, in particular the
Classical and Archaeological Society.
Item 4
No
points for discussion were raised by the committee.
Item 5
There
were no members wishing to join the committee from the floor. Gavin reminded
everyone that John and Peter were standing down next year and that replacements
had to be found if the club were to continue.
Committee
(elected all at once) Proposer Neil Seconder Graham
Auditor
Proposer
Alistair Seconder Graham
President
Proposer ?? Seconder John
Gavin
next moved to accept the accounts Proposer
Graham Seconder James
Item 6
Under
AOB John Quinn pointed out that 50 years ago Graham had won the Annual Display
competition. Graham is the longest participating member of the club.
The
club was put on notice that as it was our 60th Anniversary in 2024,
we should celebrate it.
This
completed the formal part of the meeting but a vote of
thanks was given to the committee by the members.
READING COIN CLUB |
||||||
INCOME AND EXPENDITURE ACCOUNT |
||||||
|
|
|||||
Year to |
Year to |
|||||
30 April
2024 |
30 April 2023 |
|||||
£ |
£ |
£ |
£ |
|||
Income |
|
|
||||
Subscriptions |
600.00 |
|
680.00 |
|||
Auction Commission
Sales |
3,202.00 |
|
|
|||
Costs |
- 2,827.80 |
374.20 |
|
275.90 |
||
Donations & raffle |
20.00 |
|
89.20 |
|||
Bank Interest |
24.42 |
|
5.55 |
|||
1,018.62 |
|
1,050.65 |
||||
|
|
|||||
Expenditure |
|
|
||||
Room hire |
669.00 |
|
625.00 |
|||
Speakers' expenses |
20.00 |
|
100.00 |
|||
Computing, printing, postage & stationery |
151.49 |
|
162.09 |
|||
BNS subscriptions |
32.00 |
|
32.00 |
|||
Library |
39.00 |
|
20.00 |
|||
Insurance |
182.00 |
1,093.49 |
|
174.00 |
||
Skittles cost |
- |
|
|
|||
income |
- |
|
- |
|||
Xmas Buffet & refreshments (2 events) |
48.68 |
|
65.29 |
|||
Winter Social - cost |
- |
|
|
|||
-
income |
- |
- |
|
- |
||
|
|
|||||
|
|
|||||
Depreciation of fixed assets |
|
50.00 |
||||
|
|
|||||
1,142.17 |
|
1,228.38 |
||||
|
|
|||||
Surplus (Loss) for the Year |
- 123.55 |
|
- 177.73 |
|||
|
|
|||||
BALANCE SHEET |
||||||
30 April
2024 |
30 April 2023 |
|||||
Fixed Assets |
|
|
||||
Library, Cabinet & Computer, Projector |
82.00 |
132.00 |
|
|||
Less depreciation |
|
82.00 |
- 50.00 |
82.00 |
||
Current Assets |
|
|
||||
Bank current account |
271.16 |
419.13 |
|
|||
Bank deposit account |
2,233.84 |
2,505.00 |
2,209.42 |
2,628.55 |
||
|
|
|||||
|
|
|||||
Sundry creditors |
- |
|
- |
|||
Assets |
2,587.00 |
|
2,710.55 |
|||
|
|
|||||
Represented by: |
|
|
||||
Revenue Reserve |
|
|
||||
Balance brought forward |
2,710.55 |
|
2,888.28 |
|||
Surplus (- Deficit) for year |
- 123.55 |
|
- 177.73 |
|||
Balance carried forward |
2,587.00 |
|
2,710.55 |
|||
|
|
|||||
Hon Treasurer Peter Hall |
||||||
25-May-24 |
Future Events.
·
London Coin Fair at Novotel, Hammersmith 1st
June
·
Midland Coin Fair – National Motorcycle Museum 9th
June
Past Events
·
20 years ago – Informal celebration and buffet in honour of the 40th
Anniversary of the club
·
30 years ago – In
1992 a curator from Reading Museum talked about the reorganisation
of exhibits and galleries at Reading Museum, and the introduction of computerisation.
·
40 years ago – Mr D Metcalf spoke on the somewhat complex topic of
Crusader coins.
·
50 years ago – Vincent
West spoke on Ancient British coins with a display of coins from Reading
Museum.
Club Secretary.