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10th
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my tenth letter as president. Hope your summer is going well. As I write
this in mid-July the stock markets are again taking a plunge. But while
the markets plunge the coin market seems to be going the opposite direction
and gaining strength. This is being widely reported by the large dealers,
the auction houses and seems to be confirmed by many collectors claiming
how hard it is to buy at traditional prices. “Throw away your greysheets”
seems to be heard more often than ever at the shows.
I just finished up a family vacation. Every year we go to Devil’s Lake, Michigan to a cabin my father bought in 1961. It is a nice sized lake (over 1300 acres) with clean spring-fed water. It was very enjoyable as my two sons are now old enough to enjoy the same things I did when I was young—fishing, swimming, heading to the dam to explore, miniature golf and going to the Ice Cream Shop at night. The fishing was fast and furious, and my older son caught a bluegill just 1/8th inch shy of being submittable for the state records. The other son caught a nice crappie for my lunch one day (he thought it was a pike). Only one day did it rain, so took the opportunity to drive up to Lansing and hit a Coin Shop. Activity even in this small shop was brisk, but I was still able to pick up a nice batch of Indian cents. I finished a new brochure for the Club’s application for 2002 and I would like to thank Bill Walker, our State Rep Chairman, for distributing copies to the individual State representatives. Please take them to the local coin shows and Club meetings. If you would like some please email me. The Fly-In Club will have a table at the ANA—please come visit us at Table #103. Also we will hold a General Meeting on Friday August 2nd at 1:00 p.m. in the Herald Room. Club articles. If you need photography for an article you are working on, please contact Ken Hill. He has volunteered to do photography as long as they will be used for an article in the Ledger. He may be reached at: Ken Hill The club will pick up the costs other than your postal fees to get the coins to Ken. Ken is an original member who is retired in Seattle and has perfected his skills as a photographer. His prints are professional quality, as good if not better than the major auction houses.
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