A Publication of the Indianapolis Coin Club

Issue # 467

NewsletterJanuary 2006
Membership numbers: ANA C-131170,
CSNS L-600, ISNA LM 243

The Meetings of the Indianapolis Coin Club are held the fourth Monday of eachmonth at the Nora Library at 8625 Guilford Avenue in Indianapolis, Indiana.
The Meetings consist of a business session, an intermission, educationalprogram, and a numismatic auction. Doors open at 6:00pm, meeting will begin
at 7:00pm.

The next meeting will
beMonday,January 23, 2006!

Christmas Banquet was a Success!
The Indianapolis Coin Club’s Annual Christmas Banquet was a great ending to2005. It was held this year at the MCL Cafeteria on the Northside of town withmany members and spouses present. After a delicious dinner, everyone was serenaded by a Barbershop Quartet from Cincinnati, Ohio. These four guys were enjoyable entertainment. Once that part of the evening was finished, ICC Secretary, JimGoaziou, had a coin test with prizes and then the new incumbent ICC President,
Mark Eberhardt was given an engraved gavel and made a short speech to thank Vinton Dove for all of his hard work with the club for the past years.

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Certified Public Accountant
Collecting U.S. Coins Since 1952

443 Wellington Road
Indianapolis, IN 46260(317) 257-1906
Fax(317) 257-2220

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Specializing in U.S. RARE COINSORVA (ORV) DETRICK
Professional Numismatist

PO Box 267
Donnelsville, Ohio
45319-0267
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Buy/Sell Bullion: Gold & Silver

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The 2005 Indianapolis Coin Club
Officers and Board Members
President
Mark Eberhardt
Vice-President
Jim Roehrdanz
Secretary
Jim Goaziou
Treasurer
Karl Kreck
EditorAmy Eberhardt(fubacoin@aol.com) ph. (317) 837-5682
Past President
Vinton Dove
Sgt-at-Arms
Jim Warden
Board Member 2005-2006
Dave Reid
Board Member 2005-2006
Donald Black
Board Member 2005-2006
Allen DoveBoard Member 2006-2007
Jim Fuson
Board Member 2006-2007
Cos Raimondi
Board Member 2006-2007
Charles Alber

The Monthly Planchet is the official publication of theIndianapolis Coin Club. It is published monthly in Indianapolis,Indiana. All inquiries should be sent to ICC, P.O. Box 2897,
Indianapolis, Indiana, 46206.

The Monthly Planchet, January 2006

TABLE OF CONTENTS
Christmas Banquet-CoverAdvertisers/New Board -Page 2

Evolution of the Nickel -Pages 3 & 4

Upcoming Shows-Page 4

Letter from ICC Pres.

-Page 4

Treasurer’s Reports-Page 5

Educ. Prog. For Jan.

-Page 5Page 2

Evolution of the Nickel
The Shield Nickel was authorized by the Act ofMay 16,1866, designed by James Longacre andstruck at the Philadelphia Mint. Mintage of the 1868
nickel was28,817,000. Theobverse has a shielddesign, while thereverse has a circleof stars surroundinga large 5, known as
variety 2.
The rarest and most valuable, 1913 Liberty HeadNickels were never meant to be issued. Of 5 known
specimens, the ANA has theMcDermott Specimen in its museum collection and all 5 are now
accounted for. Charles Barberdesigned the classic nickel with aLiberty head obverse and the Roman numeral V on the reverse.
James Earl Fraser was commissioned by the mint todesign a new 5 cent coin in 1912. His Indian/Buffalo Nickel design is on the nickels issued from
1913-1938, struck at the Philadelphia, San Franciscoand Denver Mints.
Felix Schlag was selected from among 390 artist
submissions to design the Jefferson
Nickel (1938-2003). Schlag’s bust
design on the obverse lead to the acceptance of presidential portraits oncoinage. Monticello, Jefferson’shome in Virginia is on the reverse.
President George W. Bush enacted Public Law
108-15 to commemorate the Louisiana Purchase andthe Lewis & Clark expedition. The Westward Journey Nickel Series will continue to portray President
Jefferson on the obverse. The 2004
Louisiana Purchase/Peace Medal nickel
shown, designed by U.S. Mint engraverand Sculptor, Norman Nemeth shows
two hands clasped in friendship, one in
The Monthly Planchet, January 2006

a military uniform symbolizing the American government, the other hand adorned with an eagle on asilver beaded band representing Native Americans.
The 2004 Jefferson Nickel features an angled sideview of the Keelboat with full sailthat transported members of the expedition and their supplies through therivers of the Louisiana Territory insearch of a Northwest passage to thePacific Ocean. Built to the specifications of Captain Lewis, the 55 footkeelboat could be sailed, rowed, pulled like a raft, ortowed from the riverbank. The design, by theUnited States Mint sculptor/engraver, Al Maletsky,shows Captain Lewis and Clark in full uniform in
the bow of the keelboat.
The obverse design for the 2005 nickels bears, forthe first time in 67 years, a new likeness of America’s third president, Thomas Jefferson. The “Liberty” inscription onthe coin is based upon Jefferson’sown handwriting. The design isbased on the marble bust of Jefferson by the French sculptor JeanAntoine Houdon, completed in1789. The design was made age-appropriate to his
presidency by utilizing later paintings by Gilbert
Stuart and Rembrandt Peale. The design was created by United States Mint Artistic Infusion Program
artist, Joe Fitzgerald and United States Mint sculptor-engraver Don Everhart sculpted the design.
The first two new reverses on the 2005 dated
nickel features the American Bison,recognizing the American Indians
and wildlife encountered by theLewis & Clark Expedition. Expedition journals described the buffalo as
an animal of great significance tomany American Indian cultures.
The design was created by United States Mint Artis-Page 3

tic Infusion Program Artist, Jamie Franki. UnitedStates Mint sculptor/engraver Norman Nemethsculpted the design.
In late 2005, the nickel featured a scene of the Pacific Ocean and an inscription reflecting an excitedentry in the journal of Captain William Clark on November 7,1805.
The design visually depicts the expedition’s exultation on believing they
had finally reached the Pacific
Ocean after so many months of arduous travel. The design was createdby the United States Mint Artistic Infusion Program
Artist, Joe Fitzgerald and was sculpted by UnitedStates Mint sculptor/engraver Donna Weaver. TheWestward Journey Nickel series has proven valuable
to the numismatic collector and created strong interest to the young numismatists and an added interestin American History.
Depictions of Monticello and Thomas Jefferson
will return to the nickel in 2006.
Upcoming Coin Shows

January
22nd - “Muncie Coin & Stamp Show” Muncie, IN Horizon Convention Center 401
S. High Street Exhibit Hall. Hours:
10am-5pm

February
12th - ”71st Street Coin Show” - Indianapolis, IN K of C Hall 2100 East 71st St.
off Keystone Ave. Hours: 9am-3:45pm
19th - “Lafayette Numismatic Society” Lafayette, IN Tippecanoe County Fairgrounds 1401 Teal Road. Hours: 9am4pm

The Monthly Planchet, January 2006

Letter from the ICC President
It is with great honor that I except
this position of President of the ICC. I
would like to thank Vinton Dove andthe rest of the Officers and Board for there past efforts. As Vice President I studied the club to evaluate
its potential. What I found is a club that has financeissues, missed opportunities, but lots of heart. AsPresident I would like to see the Club turn it up anotch, but I can not do this by myself.
First, the club is financially sound as you can see by
the Treasurer Report, but has been running in the red
for the past few years. This has to change. The board
will be looking into ways to do some fund raising, be
it a “Show” like most clubs or alternative methods.
Second, “Public Presences” this is where the clubis active in promoting the hobby in an organized way.
Coin Week in April, displays in museum/libraries,working with schools, Scouts, and most of all Kids,Kids, Kids. All this will take more than money, it
will take time. If each member pitches in and volunteers just once on one of these activities, our club will
have “Public Presence”. With a larger “Presence” ourmembership should rise. This to me is the most important mission of the club. Promoting the Hobby.
Third, is location. Although our meeting have been
well attended at the Nora Library, it has been brought
to my attention that it is not the most centralized forall our members. We are at the Nora Library because
the one downtown is still under construction. We
will check into when it will be open and if we can geta room. We may also do a survey in the Planchet toget a better feel of what our members are looking for.
To me a Club is something, somewhere, that is funand rewarding. By getting involved in what the clubhas to offer, and is offering, each member should takethe opportunity to do something for the club. Eachmeeting is an opportunity to share, buy, look at, educate, and learn something new. I encourage you all toattend as many meetings as you can. If you have any
problems getting there call me in advance and I will
see if there is anyone going by your place that could
give you a ride. Our Motto “This is Our Club and wewill get out of it what we put into it.”Your President,
Mark Eberhardt

Page 4

Treasurer’s Report
November 2005

Secretary’s Report
November 28, 2005

Income:50/50
Donation$ 25.00$ 2.00Membership Renewals (36)
Donation from M. Grider
Total$397.00$ 10.00$434.00Expenses:
KS-P Quarters
Newsletter Printing
Newsletter Postage
Total$13.00$21.41$22.94$57.35

No Report Submitted bySecretary••••October Checkbook Balance:
November Checkbook Balance:
ICC CD’s Balance$2,730.07$3,106.72$17,088.81

Respectfully Submitted,
Karl Kreck—Treasurer•

Treasurer’s Report
December 2005
Income:None Rec’dExpenses:
Bond for Treasurer
Barbershop Quartet for Christmas Party
Gavel, Book to Library & flyers
Total
November Checkbook Balance
December Checkbook Balance
ICC CD’s Balance$100.00$100.00$ 60.00$260.00$3,106.72$2,946.10$17,098.27

Respectfully Submitted,
Karl Kreck—Treasurer

The Monthly Planchet, January 2006

•Notes taken by Editor:
43 people present
4 visitors: Mike Webber, John
Simmons, Corey Krebs, & Nicole
Sutton3 Juniors present: Wes Alsman,
Kurt Miller & Sam Tumminello
Nora Librarian Gretchen was presented with “The Official ANA
Grading Standards” & 2006 “RedBook” by the ICC as donation foruse of the Library during the year
New Officers (listed on page 2)
were appointed
Secretary & Treasurer Reports
were read & approved

EducationalProgram forJanuary
ByDonn WrayPage 5