The Planchet

January 2017

Issue #573

The next meeting will be
Monday, January 16, 2017
Meetings of the Indianapolis Coin Club are now held
the third 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.

Indianapolis Coin Club Educational ProgramThis months Educational Program will be:

Indiana’s 2016 Bicentennial Celebration
by Jeff Bercovitz
Next Months Meeting Date & Program:
Monday, February 20th, 2017, at 6 pm.
TBA
by TBAFor a complete list of 2017 Meeting Dates & Educational Programs see the last page of this newsletter.
More information can be found on the Indianapolis Coin Club’s website at:

http://www.indianapoliscoinclub.org/

A Few Words From Your President
Happy New Year, I.C.C. members! I hope that you had a great holiday season and wish you all the best in2017 as we begin our journey to find what this year holds in store for us. For my first "President's Message" I
would like to highlight some of the accomplishments the club made during 2016 under the direction of ourpast president and board, and discuss what some of our needs and wants are for 2017.
A word of thanks is due our past President, Michael White, for the fantastic job he did along with theBoard this past year! Michael led the charge to change our meetings from the fourth to the third Mondayof the month, which was greatly needed due to parking problems at our Knights of Columbus meetingvenue. Michael also was instrumental in securing personnel and funds for the updating and upkeep ofour ICC website. If you have not visited it recently, you will be impressed with the fresh look and themore frequent updating it is now receiving. Thank you, Michael, along with the entire Board, for a job
well done!

We had great educational program talks given by our members at our monthly meetings in 2016. OurExhibit Night was an unrivaled success and we hope for the same at our September 18 meeting this year.
Auctions that are held during our meetings are always anticipated by our members. The ICC banquet,
held in December at the Castleton MCL Cafeteria, was a hit. A good time was had by all, and the gift exchange was exciting once again.

For those of you who are not members and are visiting our newly and GREATLY improved website, we would
love to have you join us at our monthly meetings on the third Monday of the month at 7 p.m. at the Indianapolis Northside Knights of Columbus hall, 2100 E. 71st Street, located just west of Keystone Avenue.
What are some of our challenges for 2017? Here are a few, but these are by no means comprehensive.
Our new Vice President, Steve Howery is in charge of coordinating speakers and dates for our educational programs at our monthly meetings this year. Please consider giving a talk at one of this year's
meetings. Contact Steve with your topic and preferred date.

Our membership numbers seem to be stagnant. New members make for a more vibrant and successful
club in the long term. How can we reach out to potential members, who might join us and be with us formany years, if they would just come to one meeting to see what we are all about? A city of our size certainly has many interested collectors.

We have had the ICC's "investment" funds in CD's, the return on which has been negligible for manyyears. Can we somehow get a better return on these funds? The ICC Board discussed this topic during ourbudget board meeting on January 8.

Thanks to the entire ICC membership for trusting me to be your president this year, and to the ICC Board forgiving their time and talent to keep the club running smoothly.

Jim Sukup

November 21, 2016 - Minutes of the Indianapolis Coin Club Meeting.
Open –President, Michael White, called the meeting to order at 7:00 PM. 38 people signed in.
We met at the Knights of Columbus Hall, 2100 East 71st St.
Visitors – Our two visitors were Bob Nevitt, who likes Lincoln Cents, and Jim Shepherd, wholikes Morgan Dollars and Trade Dollars, and is now starting in on currency.
The Attendance prize was an 1881 Morgan Dollar, graded PCGS MS-64. It was donated byour speaker for the evening, Mark Eberhardt.
The Secretary’s report and Treasurer’s report were accepted as published in the Planchet.
Committee reports – The Library Committee - J im Sukup, r epor ted that some of the library books were returned.
Old Business –The slate was announced and a motion was passed to elect the slate by a unanimous vote. The new officers are listed in this newsletter. Jeff Bercovitz reported that the Indiana Bicentennial Medals have been made and distributed to those who subscribed. The silver
medals were done in Sterling silver, (.925 fine,) with 91 small, 12 large and 49 sets of silver
and copper medals made.
New Business – President White reported that the Board voted to fund the maintenance of thewebsite. Kill Reports: Joe Boling attended the Chicago PACS and bought some Russian currency. He purchased two sets of 1957 notes for $15.00, and when he returned home he foundout they were worth $435.00! Mark Eberhardt reported his son found a $20 bill and a quarter
under the self-checkout at Kroger!!
The Educational Program – Mark Eberhardt, Treasurer, was the speaker for the evening. His
subject was the annual “State of the Hobby” update. He reported that the market is swinging
back to collector coins and away from bullion coins. He also reported that attendance at shows
is down, but auctions, especially online auctions are thriving! Also online dealer sales. Goldprices have gone from $1,070/oz. last year to $1,220 this year, and silver from $14.10 to$16.76. He also addressed the price of the Centennial gold coins from the US Mint. YN’s aregoing for better coins, leaning toward investment pieces. The publisher of “Gray Sheets” wasbought out, and the prices listed more accurately reflect the market prices. Space limits myability to report all that Mark said, but the reader is encouraged to attend the meeting next year
to get the full report. It is well worth your time.
Great job, Mark!
After the Break. the Attendance Drawing and the 50/50 Drawing were held.
Auction – Joe Boling ran the auction. Assisting were Bob Bettcher, Donn Wray, MichaelWhite, Jeff Bercovitz and Vinton Dove.
The meeting was Adjourned at 9:00 PM.
Respectfully submitted,Vinton Dove, SecretaryWildman“IN RECTO DECUS” translates as “HONOR IN DOING RIGHT”
Something for us all to strive for.
The story of the “Wildman” coinage is fascinating and worth pursuing.
It is probably one of the most interesting symbols in numismatics.
Coins with this symbol were minted from the mid-1500’s to the beginning of the 19th Century and the symbol appears on various denominations from Brunswick-Luneburg, Brunswick-Wolfenbuttel and other
German States.
The Wildman usually is shown with an uprooted fir tree but can appear
with signs of the zodiac, supporting a shield with another Wildman andeven holding a candle. The source of the Wildman seems to be basedon a mythological character that was supposed to have lived in theHarz Mountains during the Middle ages. The symbol has another philosophical meaning that infers that all people have some of the“wildman” in them and thought this side of humanity was responsible
for creative activities, the “Wildman” needed to be controlled to avoid
his darker side.

This coin was formerly part of the Eric Newman Collection. I have morethan a dozen different Wildman coins, although this is my favorite.
Partly due to the philosophical message and also because of its provenance.
24 Mariengroschen, or 2/3 Thaler. There were 36 Mariengroschen in aThaler.

Minted under the rule of Georg Ludwig von Hessen-Darmstadt, Prinz.
Born in Darmstadt, Darmstadt, Hesse, Germany on April 25, 1669, died
September 13, 1705 during the Siege of Barcelona. He is buried in Barcelona, Spain.

Reprinted with permission
By Chris Bower$$$$ “ALWAYS BUYING” $$$$PAYING TOP PRICES FOR ALL
U.S. COINS
DON’T SELL WITHOUT GETTING OUR OFFER!!!

LARRY HYLTONBROWNSBURG, IN
ANA, ISNA-LM, CSNS-LM(317) 852-8458

VINTON DOVE
Business Consultant
Collecting U.S. Coins Since 1952
Home (317) 257-1906
Cell (317) 910-4205

The 2016 Indianapolis Coin ClubOfficers and Board Members:
President
Vice-President
SecretaryTreasurer
Newsletter Editor
Past President
Sgt-at-Arms
Board Member 2016-2017
Board Member 2016-2017
Board Member 2016-2017
Board Member 2017-2018
Board Member 2017-2018
Board Member 2017-2018

Jim Sukup
Steve HoweryVinton DoveMark Eberhardt
Andy Nahrwold
Michael White
Jim Warden
Gerald CorazPaul Vaughn
Jim Roehrdanz
Donn Wray
Jeff Bercovitz
Bob BettcherYour ad could be right here!

Advertise in the Indianapolis CoinClub Newsletter! The cost is only
$35.00 for a business card size adfor 12 issues!
The Monthly Planchet is the official publication of the Indianapolis
Coin Club. It is published monthly in Indianapolis, Indiana. Allinquiries should be sent to ICC, P.O. Box 2897, Indianapolis, Indiana,46206.

Treasurer’s Report
RECEIPTS:

Oct

Nov

Dec

47.00

$$50.00
7.50

8.00

$

10.00

55.00

$67.50 $Oct

Nov

Dues - Regular @ $20.00 ea.

Dues - Junior @ $5.00 ea.
Advertising - Planchet @ $35.00 ea.
Fifty/Fifty Drawing:$Donations / Auction Lot Sales:
ICC Library Book Sold (est):
Auction Lots Sheets @ $1.00 per Sheet: $Amazon.com
Newsletter Postage Fee:TOTAL RECEIPTS:$DISBURSEMENTS:-Dec

Dues - ANA:
Insurance - Liability:Insurance - Treasurer's Bond:
Mail Box Rental:
Secritary Office Supplies:- Postage:
K of C Meeting Room Rent:
Exhibitors Nights Prizes:
Library Purchases:
Website Maintanance:
Newsletter:- Printing:- Postage:

$$
$

2.19
35.30

TOTAL DISBURSEMENTS:$137.49

NET INFLOW / OUTFLOW:$(82.49)

ICC CHECKBOOK:

Oct$ 18,007.97

Nov
Dec$ 17,925.48 $ 17,742.98

Cash/Checks in:
Checks Out:$$$$

Ending Balance:$ 17,925.48

Starting Balance:$100.00

100.00$98.0098.00$100.00$50.00$250.00 $CD's Mature:

Net Gain or Loss for the Month:$55.00137.49(82.49)67.50 $
250.00 $98.00$ 17,742.98 $ 17,644.98$$(182.50) (98.00)

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Indianapolis Coin Club2017 Meeting Dates & Educational Programs
January 16, 2017 - ‘Indiana’s 2016 Bicentennial Celebration’ - by Jeff Bercovitz*Prize sponsor: Jeff Bercovitz

February 20, 2017 - ‘TBA ’ - by TBA*Prize sponsor: TBA

March 20, 2017 - ‘TBA ’ - by TBA*Prize sponsor: TBA

April 17, 2017 - ‘TBA ’ - by TBA*Prize sponsor: TBA

May 15, 2017 - ‘TBA ’ - by Jim Roehrdanz*Prize sponsor: Jim Roehrdanz

June 19, 2017 - ‘TBA ’ - by Michael White*Prize sponsor: Michael WhiteJuly 17, 2017 - ‘TBA ’ - by Paul Vaughn*Prize sponsor: Paul VaughnAugust 21, 2017 - ‘TBA ’ - by Andy Nahrwold*Prize sponsor: Andy Nahrwold

September 18, 2017 - I.C.C. Exhibit Night*Prize sponsor: TBA

October 16, 2017 - ‘TBA ’ - by TBA*Prize sponsor: TBA

November 20, 2017 - ‘Annual State of the Hobby Address’ -by Mark Eberhardt*Prize sponsor: Mark Eberhardt

Tuesday, December 5, 2017 – NO MEETING - I.C.C. Holiday Banquet*For 2017 we are continuing the 'Attendance Prize' drawing at each monthly meeting as an added incentive for all I.C.C. members to attend as many meetings as possible and to encourage new membership. Everyone attending each regular monthly meeting will receive a prize ticket when they arrive at
the meeting and sign in at the greeting table. The prize each month will be a 90% silver U.S. Half Dollar (or equivalent or greater 90% silver content coin) The I.C.C. Board members and officers as well as
several I.C.C. members chose to act as sponsors and donate the monthly prizes rather than funding
them from our budget. You'll find the monthly prize sponsor listed below each monthly meeting dateabove. You'll just have to show up to see what you may win!
Please keep this in mind each month; regardless of who is giving the monthly program and/or the topic, we owe it to that person and themembership to remain quiet and pay attention during the program. It’s important that we respect the knowledge that is being shared withus as well as the time and effort the speaker is donating to our club.
The same rules should apply to our monthly auctions; please remain quiet and pay attention.
Thank you.