At what point are you making this measurement and are you using for ground point ? Are you measuring in AC ?
C1 and C2 are working as a Voltage Doubler. You should be seeing 2 x the 8v supply or 16Vac.
""1. The basic Colpitts oscillator. Together with the transmit coil attached to J1, it provides a
14.5 kHz low power Tx signal to the coil, audio circuit, -5v converter and a signal to use as a
phase comparison for the receive circuit. Tx amplitude should be in the 16V range.""
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« Last Edit: August 11, 2017, 01:13:51 pm by homefire »
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