April 4th. 2011.                                                                      

Next club meeting Monday 9th May 2011.

  • The Beachy Head Hoards of 3rd Century Roman Coins By Derek Aldred

Meetings are held at the Abbey Baptist Church, Abbey Square, commencing at 7.00 p.m.

 

NOTICES

 

  • FINAL REMINDER! The annual skittles evening will take place on Saturday 7th May at the Red Lion, Theale. Please be there for 19.00 for a 19.30 start! There will be a hot buffet supper at about 20.30 (Drinks not included). Payment of £15 to Peter on the night please!

 

  • SUMMER   SOCIAL    TUESDAY   2ND AUGUST 2011

 

As announced at the April meeting this year’s social visit will be to the British Museum.  The programme will be as follows, starting at 10.45 am and meeting at the coin room.

           

1)         A conducted tour of the coin gallery and/or look at the Fishpool hoard with Barry Cook.

2)         A handling session where members could see requested coins that are not on view. (We will need to provide a list of requested items prior to the visit)

3)         Members visiting other parts of the museum/ London at their leisure.

 

So far 16 persons have indicated an interest which is already above the maximum number. However, for those who could not make the April meeting if you are interested in participating please call the Chairman on 01276 65663. We will then have to see how we can make the numbers fit – possibly a draw/ preference to those who have not been previously. Conversely if anyone has to drop out please let the Chairman know asap.

 

For the handling session we need to let the BM know what we want to see. So at the May meeting I will be asking to hear your requests – so be ready (and realistic). I know this seems early but as I advised I will be away all June and July so I need to get things sorted now.

 

·         PLEASE SEE ATTACHED A PROPOSAL FROM THE CHAIRMAN REGARDING AN AMENDMENT TO THE CLUB CONSTITUTION.

 

·         Please also find attached a Census request from the Club Secretary. If you could please complete and return this as soon as possible (latest the AGM in June) I would be most grateful.

 

 

 

 

April Meeting

 

In our April meeting, Stuart Adams gave a talk on market tokens entitled ‘London Wholesale Markets, their Tallies and Tokens’. Stuart began by pointing out the main markets in London, being Billingsgate, Spittalfields, Covent Garden, Borough and Stratford.

 

The premise of a market token was as follows – you buy three sacks of apples from Mr Jones’ fruit and veg stand. You pay 3d per sack for the apples, as well as a 1d deposit for the actual sacks – for this you receive three 1d tokens as compensation. These tokens are only redeemable at Mr Jones’ stand, provided they are accompanied by three (empty!) apple sacks! This works in Mr Jones’ favour in three ways – firstly, you return his sacks to him; second, you have to return to his stand to purchase your next lot of apples; and third, by having to have both sack and token, you cannot ‘acquire’ tokens (that you have not left a deposit for) and redeem them en masse.

 

Some of the tokens are of a ‘standard’ shape (ie coin/disk shaped!) whereas some are more elaborate – and in a few cases, give a clue as to the vendor and/or stock carried.

 

Billingsgate Market was originally opened in 1016, and in the late 1500’s, Elizabeth I decreed that ‘a free and open market should exist’. The first sheds were built on this site in the 1850’s and these have expanded to cover today’s site. An example of the tokens used here was a 6d for JW Moore, which has an image of the market building on the reverse.

 

Spittalfields Market (originally on the bank of the Thames) was opened in 1638 by license of Charles I, and moved to its current site in Leyton (just north of the Olympic Park) in 1991. The original end-of-trading bell has moved and is still in use. It is believed that the token system compulsory at Spittalfields (and likely all other markets) however the reasons for this are unclear. The first tokens issued were approximately 1845-55, and an example of this is a 1s of Ms Sophia Marryat. This is unusual, as only about 5% of market traders were female! A later example of 1s for EW Roach has a fish on the reverse, and Mr AQ May is thought to have added the Q to his name to distinguish him from other A Mays!

 

Covent Garden is first recorded as early as 1654, however was not ratified until 1813, with the original market hall being built in 1830. The market has since relocated in 1974. Some of the more unusual examples shown included tokens of W Bell (bell shaped), John Hare (hare motif on reverse) and Mrs James (heart shaped). Mr TJ Poupart started as a porter at Covent Garden, and worked his way up to becoming a farm owner – his tokens not only signified a value, but the produce received as well, such as ‘a load of cauliflower’ or ‘twelve heads of greens’!

 

Borough Market was first established by Royal Charter in 1550, however claims are abound that the market was in existence as far back as Roman times! The current buildings were built in the 1850s, after a couple of moves due to traffic congestion. An example of a Borough token is that of John Gun, which is an oval token with a rifle-shape stamped out.

 

Stratford Bridge Railway Station opened in 1847 and became Stratford Market station on 1st November 1889 after the fruit and veg market which had sprung up around the station became recognised. The token example shown for Stratford was for John Fox, which unsurprisingly had a Reynard motif on the reverse!

 

Overall an excellent and well illustrated talk was delivered on a subject which has the potential to be fairly complex! The 24 members who attended the talk extended their thanks to Stuart in the usual way, and a short Q&A session followed.

 

 

 

 

Future Events

  • Westminster Auctions; Coin and Banknote Auction #1, London – 5th May
  • Midland Coin Fair, Bickenhill, Birmingham – 8th May
  • Lockdales; British, World and Ancient Coins; Ipswich – 15th May
  • Little Clacton Coin and Stamp Fair, Clacton – 21st May

 

Past Events

·         1 years ago – Mr S Bhandare gave a talk entitled ‘An Introduction to Indo-Greek coinage’

·         10 years ago – Michael Gouby give a substitute talk on ‘Cartwheel Coins’

·         40 years ago – Mr. B.H. Grove spoke about ‘Roman Coins and their Relation to History’

 

 

                                                                                                                        Club Secretary.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Chairman’s Proposal – Limitations for Serving on the Committee

At the April meeting I made a plea for volunteers to serve on the committee, since this year in June two existing members are standing down. To date nobody has offered their services.

One existing committee member (Peter Hall) is standing down because he has completed 5 years and rule (6d), limits continuous service to 5 years. However, Peter has indicated to me he is willing to continue.

 

As Chairman my concern is that each year it is getting harder to find club members willing to serve on the committee. I therefore think a change is needed.

Last year at the AGM we were unable to fill a post and this was only achieved with subsequent arm twisting, a situation as Chairman I find totally unacceptable. Furthermore, many of the most likely volunteers have previously served many times and are reluctant to serve again.

 

Before I make a proposal let me say in support of the current rules I am an advocate of new blood coming onto the committee since new ideas and enthusiasm builds a strong club. Also for some 5 years is more than enough.

Conversely, if we don’t have a committee the club will fold and coercing an unwilling person is not a good long term solution and hardly likely to build a strong and effective committee.

 

In committee we have debated the pro’s and con’s and come to a decision for club members to vote upon.

Our proposal is that Rules 6c and 6d be deleted, thus allowing a committee member to seek re-election without restriction.

 

How did the committee come to this view?

a)       Most importantly, as rule 6b requires election/ re-election of every officer at every AGM the club membership still holds the ultimate decision making power and can thus exercise a restraining influence on any dominant factions.

b)       Under rule (6c) a committee member’s length of continuous service is limited to 3 years with the possibility of a 2 year extension. The reality is that in recent years a lack of volunteers has meant that almost all committee members end up doing 5 years, thus making rule (6c) somewhat superfluous.

c)       While rule 6(d) limits continuous service to 5 years it also allows one back again after 2 years. This return period is so short as to be more of a hindrance than a help, especially where banking arrangements and external contacts ( BNS, BANS, etc) are concerned

d)       The change in no way affects members offering their services to be on the committee. We will still be calling for volunteers and I (and this committee) would always support new blood in preference to extensions beyond 5 years

e)       In the face of current difficulties it seems nonsense to loose the services of willing officers for the sake of some outdated restrictions.

 

At the May meeting I will be seeking your views and support prior to the talk – so please think about this before the next meeting. If you are unable to make the May meeting and have a view you wish to express please contact a committee me. If the reaction is favourably the rule change will be formally ratified at the AGM.

 

Remember despite the above we are still looking for willing volunteers.

 

 

 

 

 

 

 

 

 

 

 

READING COIN CLUB CENSUS 2011

 

 

As mentioned in the notices, please can I ask you to complete the below form and return it to me either by email, or in the SAE enclosed. Please note that all details will be held securely, and will only be used in connection with Reading Coin Club.

 

Full Name - ………………………………….......................................

 

Postal Address –

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Post Code - …………………

 

Contact Telephone Number - ………………………………

 

Email Address (please provide this for cost-saving purposes for the Newsletter – approx £8/year per member who receives a posted Newsletter!) - ……………………………………………

 

Member Since - ………………………………

 

Committee Positions Held:                                                     Dates of Service (if known):