The Planchet
A Publication of theIndianapolis Coin Club
June 2008 Issue 494

The next meeting will be Monday, June23rd 2008
The Meetings of the Indianapolis Coin Club are held
the fourth Monday of each month at theNorthside Knights of Columbus
2100 E. 71st Street in Indianapolis, Indiana.
The Meetings consist of a business session, an intermission, educational program,and a numismatic auction. Doors open at 6:00pm, meeting will begin at 7:00pm.

2008 Meeting Dates:

Jun. 23rd
Jul. 28th
Aug. 25th
Sept. 22ndOct. 27th
Nov. 24thDecember is our Banquet
and there is no meeting$$$$ “ALWAYS BUYING” $$$$

VINTON G. DOVE

PAYING TOP PRICES FOR ALL U.S.
COINS

Certified Public Accountant
Collecting U.S. Coins Since 1952

DON’T SELL WITHOUT GETTING OUR OFFER!!!

LARRY HYLTONBROWNSBURG, IN

ANA, ISNA-LM, CSNS-LM 443 Wellington Road(317) 852-8458

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

Jim Fuson
Retired Teacher & Coach
ADVERTISE IN THE ICC NEWSLETTER!
Collector of old U.S. Coins
And old Sports Cards
Also have some coins and cards for sale

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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,

Table Of Contents
The 2008 Indianapolis Coin ClubOfficers and Board Members
Letter From the President

President
Vice-President
SecretaryTreasurer
EditorPast President
Sgt-at-Arms
Board Member 2007-2008
Board Member 2007-2008
Board Member 2007-2008
Board Member 2008-2009
Board Member 2008-2009
Board Member 2008-2009

Mark Eberhardt
Jim Roehrdanz
Vinton Dove
Karl Kreck
Matt Dinger
Vinton Dove
Jim Warden
Dave Reid
Bob Bettcher
James Held
Jim Fuson
Charles Alber
Don King

Advertisers
Steel Cents
Treasurer's Report
Secretarys Report

Page 1Page 2
Page 3
Page 5
Page 6

The 1935 Double Die Nickel
by Peter J. Miksich
The United States Mint in America suffered along with the population during the Great Depression(1929-1933). A major portion of its' workforce was slowly and methodically laid off as a result of the lack of
the need for coinage. Each painful year, each depressing week, the furloughs went out. So did the employees. A
lot went out and never came back. They and their families faded into the huge cauldron of despair that gripped
the Nation back then. Penniless, hungry, luckless multitudes left to anywhere and everywhere to find work. The
dies and tools of their trade sat unused at workstations all over the Nation. Some just plain disappeared. Coinssat in vaults, unused, piled up in bags and bins until slowly, methodically, the orders began to pick up. Although
the Nation was never really fully recovered until World War II began in 1941, by 1934 the worst was over.
When the Mint tried to call back laid-off employees, it stands to reason that a percentage of them could not bereached for the reasons cited above. New and untrained workers tried to fill the void.
The coinage quality of the early to mid 1930's shows the problem that the Mint had during this period.
The die steel used to strike coins was better by leaps and bounds than at any time prior to 1928. Care had beentaken to properly harden dies before use, and experimentation with chromium-plated dies was found to be a success in prolonging die life. But the coins suffered in other areas. Poor planchet stock, hurried production andcoining, and striking pressure still produced lower than average quality specimens. Note also the huge jump in
re-punched mintmarks during this period. Clearly it was a skilled and practiced talent to be able to hold themintmark puncheon in the same position between hammer hits.
The chaos of the time produced a rather quite notable doubled die in 1935 -- the 1935-P Doubled Die
Reverse Buffalo Nickel. The 1935 DDR was given a Cherrypicker's Guide number - FS-018, and has an evenmore pronounced doubling that the popular 1917-P (DDR-1, FS-016.4), which was described as "prominent" byDavid Lange in his Buffalo Nickel book.
I would not hesitate to call it the most prominent reverse doubled-die in the Buffalo Series. This one is collectable, though its' popularity is rising and so is its' price. I tried and failed to acquire one a couple years agothat I found on E-Bay. It was a F-12 coin, and I thought my max (high at the time) bid of $50.00 would secure
it. I was wrong, and I'll let the art of E-Bay "Sniping" live for a future story.
The reason that this DDR is becoming so desirable stems from the recent addition of it to price guides and references to it hobby-wide. It is poised for future jumps in price and demand from collectors everywhere. The runof the mill 1935-P Buffalo Nickel is common in every grade up to and including MS-65. Its rarity rating is R-1(the lowest) for every grade up to 64, and only an R-2 in 65. The population reports for the DDR attest to its
rarity, though. Very few have been submitted in mint state. Most submitted center around Fine to Very Fine.
This leads me to believe that this coin was not found till later. It also leads me to the conclusion that the DDR
my have been discovered during production, and the die pulled. With the relative ease of finding mint state examples of 1935-P regular strikes, THIS ONE is just darn RARE to locate.

Since Karl wasnt able to attend the May meeting there isno treasurers report.
Matt Dinger
EditorLost Dutchman Rare Coins
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May 24, 2008 - Minutes of the Indianapolis Coin Club Meeting.
Open - The meeting was called to order at 7:00 PM by Vice President Jim Roehrdanz. 42
people signed the attendance book. We met at the Northside Knights of Columbus Hall,
2100 E. 71st Street.
Visitors – None.
The Secretary’s report and the Treasurer’s report were read by the Secretary and accepted.
Old Business – None.
New Business – There was a large discussion about the meeting hall. We met in the largest
room in the hall instead of the smaller room that we normally meet in. Vinton explained that
there had been a large discussion with the Business Manager of the K of C prior to the meeting in which the Manager had informed him that the Club paid no rent, but was meeting at
the Hall as a not-for-profit guest of the K of C.. This was not what our President had told theICC Board. But neither Mark nor the Treasurer were present that night, so no verification
could be made that the Club had paid rent.
Life Member, Jim Goaziou, suggested that even though the Club was a not-for-profit, all of
the Club’s business should be conducted in a business-like manner, and that even though aformal written agreement was not needed by the K of C, perhaps a small committee from theBoard should be included in the negotiations so that the Club was not left in a position of notknowing what the terms of the agreement were.
The Educational Program was presented by ANA Governor and Club member, Joe Boling.
His topic was “Part II of Counterfeit and Altered Paper Money – US and Foreign.” It was aslide presentation, and Joe is obviously well versed in the field. It was a most impressive
program.
Kurt Miller, a Junior member of the Club, and Tom Ferverda then ran the 50/50 Drawing.
Auction – After the Break, Joe Boling, ran the Club Auction. Bob Bettcher, Jim Roehrdanz
and Vinton Dove assisted.
The club adjourned at 8:39 PM.

Vinton Dove, Secretary