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Does anyone know why the first Buffalo Nickels were given to the Chicago Coin Club?

I was reading QDB's Buffalo and Jefferson nickel book, and referring to the buffalo nickels, he writes,

"The first production at the Philadelphia Mint had commenced on February 17, 1913, ona single press that turned out 120 coins per minute. Some of the first pieces were sent to Secretary MacVeagh, who forwarded them to the Chicago Coin Club, where they were distributed to members before appearing in circulation."


Does anyone know why the Chicago Coin Club was given the first nickels? It seems odd to me, but there was probably a reason for it. The book notes that Fraser started studying art at the Art Institute of Chicago, but as far as I can tell, he didn't have strong ties to the city. Late in life he worked in NYC, and he had a studio in Westport, CT (very close to where I live). I am not sure if MacVeagh had any ties to Chicago, though.

Anyone have further details? Also, did any club members get their coins slabbed as early strikes and sell them on Ebay?
Always took candy from strangers
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Comments

  • dorancoinsdorancoins Posts: 2,091 ✭✭✭


    << <i>I was reading QDB's Buffalo and Jefferson nickel book, and referring to the buffalo nickels, he writes,

    "The first production at the Philadelphia Mint had commenced on February 17, 1913, ona single press that turned out 120 coins per minute. Some of the first pieces were sent to Secretary MacVeagh, who forwarded them to the Chicago Coin Club, where they were distributed to members before appearing in circulation."


    Does anyone know why the Chicago Coin Club was given the first nickels? It seems odd to me, but there was probably a reason for it. The book notes that Fraser started studying art at the Art Institute of Chicago, but as far as I can tell, he didn't have strong ties to the city. Late in life he worked in NYC, and he had a studio in Westport, CT (very close to where I live). I am not sure if MacVeagh had any ties to Chicago, though.

    Anyone have further details? Also, did any club members get their coins slabbed as early strikes and sell them on Ebay? >>



    If my memory serves me correct, the ANA had a branch club in Chicago at the time (which, in 1919, would become the Chicago Coin Club). Sounds like MacVeagh was connected with someone in this club, or he could have even been a member - hard to tell, but some of our numismatic scholars here may want to shed some light on this.
    DORAN COINS - On Facebook, Instagram, X (formerly Twitter), & www.dorancoins.net - UPCOMING SHOWS (tentative dates)- 10/8/2023 - Fairfield, IL, 11/5/2023 - Urbana, IL., 12/3/2023 - Mattoon, IL.
  • ShamikaShamika Posts: 18,785 ✭✭✭✭
    As I recall, the Chicago Coin Club (or it's forebearer) is one of the oldest coin clubs in the country and has had some illustrious members over the years.

    Buyer and seller of vintage coin boards!
  • dorancoinsdorancoins Posts: 2,091 ✭✭✭


    << <i>As I recall, the Chicago Coin Club (or it's forebearer) is one of the oldest coin clubs in the country and has had some illustrious members over the years. >>



    image
    DORAN COINS - On Facebook, Instagram, X (formerly Twitter), & www.dorancoins.net - UPCOMING SHOWS (tentative dates)- 10/8/2023 - Fairfield, IL, 11/5/2023 - Urbana, IL., 12/3/2023 - Mattoon, IL.
  • MadMartyMadMarty Posts: 16,697 ✭✭✭


    << <i>

    << <i>I was reading QDB's Buffalo and Jefferson nickel book, and referring to the buffalo nickels, he writes,

    "The first production at the Philadelphia Mint had commenced on February 17, 1913, ona single press that turned out 120 coins per minute. Some of the first pieces were sent to Secretary MacVeagh, who forwarded them to the Chicago Coin Club, where they were distributed to members before appearing in circulation."


    Does anyone know why the Chicago Coin Club was given the first nickels? It seems odd to me, but there was probably a reason for it. The book notes that Fraser started studying art at the Art Institute of Chicago, but as far as I can tell, he didn't have strong ties to the city. Late in life he worked in NYC, and he had a studio in Westport, CT (very close to where I live). I am not sure if MacVeagh had any ties to Chicago, though.

    Anyone have further details? Also, did any club members get their coins slabbed as early strikes and sell them on Ebay? >>



    If my memory serves me correct, the ANA had a branch club in Chicago at the time (which, in 1919, would become the Chicago Coin Club). Sounds like MacVeagh was connected with someone in this club, or he could have even been a member - hard to tell, but some of our numismatic scholars here may want to shed some light on this. >>



    I knew you were around back then....
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • MacCrimmonMacCrimmon Posts: 7,058 ✭✭✭


    << <i>As I recall, the Chicago Coin Club (or it's forebearer) is one of the oldest coin clubs in the country and has had some illustrious members over the years. >>



    My guess is someone named, Virgil Brand.
  • dorancoinsdorancoins Posts: 2,091 ✭✭✭


    << <i>

    << <i>

    << <i>I was reading QDB's Buffalo and Jefferson nickel book, and referring to the buffalo nickels, he writes,

    "The first production at the Philadelphia Mint had commenced on February 17, 1913, ona single press that turned out 120 coins per minute. Some of the first pieces were sent to Secretary MacVeagh, who forwarded them to the Chicago Coin Club, where they were distributed to members before appearing in circulation."


    Does anyone know why the Chicago Coin Club was given the first nickels? It seems odd to me, but there was probably a reason for it. The book notes that Fraser started studying art at the Art Institute of Chicago, but as far as I can tell, he didn't have strong ties to the city. Late in life he worked in NYC, and he had a studio in Westport, CT (very close to where I live). I am not sure if MacVeagh had any ties to Chicago, though.

    Anyone have further details? Also, did any club members get their coins slabbed as early strikes and sell them on Ebay? >>



    If my memory serves me correct, the ANA had a branch club in Chicago at the time (which, in 1919, would become the Chicago Coin Club). Sounds like MacVeagh was connected with someone in this club, or he could have even been a member - hard to tell, but some of our numismatic scholars here may want to shed some light on this. >>



    I knew you were around back then.... >>



    image

    Now Your Madness, I am not an olde farte (thought my wife calls me that image ).
    DORAN COINS - On Facebook, Instagram, X (formerly Twitter), & www.dorancoins.net - UPCOMING SHOWS (tentative dates)- 10/8/2023 - Fairfield, IL, 11/5/2023 - Urbana, IL., 12/3/2023 - Mattoon, IL.

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