The Planchet
A Publication of theIndianapolis Coin ClubMay 2011 Issue 523

The next meeting will be Monday,
May 23rd 2011
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.

Topic:
Double Eagles

2011 Meeting Dates:
May 23rdJune 27th
July 25th
Aug. 22rd
Sept. 26th
Oct. 24th
Nov. 24th
December Banquet

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Certified Public Accountant
Collecting U.S. Coins Since 1952

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DOUBLE D. KOINSDONALD D. KING SR.
MemberThe 2011 Indianapolis Coin Club
Officers and Board Members
President
Jim Roehrdanz
Vice-President
Donn Wray
SecretaryVinton Dove
Treasurer
Don KingEditor
Matt Dinger
Past President
Matt Dinger
Sgt-at-Arms
Jim WardenBoard Member 2011-2012 Dave Reid
Board Member 2011-2012 Bob Bettcher
Board Member 2011-2012 Mark Eberhardt
Board Member 2010-2011 Jim Fuson
Board Member 2010-2011 Marty Moore
Board Member 2010-2011 Michael White$35.00 for a business card size
ad for 12 issues!
The Monthly Planchet is the official publication of the Indianapolis
Coin Club. It is published monthly in Indianapolis, Indiana. All
inquiries should be sent to ICC, P.O. Box 2897, Indianapolis,Indiana, 46206.

James B. Longacre, Fourth Chief Engraver of the US Mint

If you have ever seen an Indian head cent, you are looking at the work of the engraver James B. Longacre. He was the fourth person to hold the position of Chief
Engraver of the United States Mint. He started out as a portrait artist and eventually because an engraver of portraits. During that time, before photography andmodern printing developed, a portrait engraver would take a painting and makean engraving of it. Printers then used that engraving to print the portrait in books
and other publications. One noted engraved portrait of Longacre’s was a famous
rendition of Daniel Boone, sold widely during the 1830s.
In 1844, James B. Longacre became the Chief Engraver of the US Mint, after thedeath of the former engraver, Christian Gobrecht. He remained in that post until
he died in 1869. Many of the historical coins of the United States came from hiswork such as the Liberty Double Eagle pictured below.

One of his most famous pieces was the Indian head cent. This penny was thestandard design from 1859 through 1909. The face of the penny shows a Native
American wearing a feathered headdress. Many of these pennies survive throughtoday. Some years are rarer than others are. The 1877 is one of the most valuable. And the two years of minting in San Francisco, 1908-1909, are prizes tocoin collectors.

Another famous design of James B. Longacre was the Liberty Head gold dollar
coins. After the California gold rush, there was an emerging need for a gold dollar
in American coinage. Longacre made a coin with the head of a stylized Liberty
surrounded by 13 stars. The coin was extremely small however. It was just over ½
inch in diameter. Because of its small size, many people ended up losing them. Inresponse, Longacre made the coin slightly bigger with a different Liberty head.
Another redesign in 1856 was the final one. It remained in production until 1889.
James B. Longacre also designed the Flying Eagle penny, the 20-dollar goldpiece, the 3-dollar gold piece, the Shield nickel, the 2-cent piece, and the 3-centpiece. The US Mint continued using Longacre’s designs until the last one ceased
production in 1909, a full forty years after his death. His legacy continues in theworld of coin collecting.

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April 25, 2011 - Minutes of the Indianapolis Coin Club Meeting.
Open – The meeting was called to order at 7:00 PM by the Club President, Jim Roehrdanz. 39 of the42 people present signed the attendance book. As usual we met at the Northside Knights of Columbus Hall, 2100 East 71st Street.
Visitors – The President welcomed the visitors: Joe and his son, Jason, from Greenwood; DavidWhite; Larry Smith, from Muncie, who is a member of both the Anderson and the Marion clubs, andhis wife, Diane; Lee Sanzo, the President of the Muncie Club; and Shirley Fields.
The Secretary’s report and the Treasurer’s report were read and accepted.
Old Business – President Roehrdanz reported that he had traveled to the San Diego Baseball stadium,and found an assembly of artifacts at the stadium’s entrance. It consisted of children’s toys, which had
been dug up during the construction of the stadium.
Jim also reported on an article in Coin World, which claimed that it is increasingly difficult for children to enter our hobby. It claimed that the increasing costs of collectible coins make it too expensivefor children. A short discussion followed.
New Business – Board Member, Mark Eberhardt, announced that the next 2nd Sunday Show would beon May 1st, which is the first Sunday. It was moved forward one week due to the fact that Mother’s
Day is on the second Sunday. The show is held at the Northside K of C, the same place as the Club
meets, from 9 AM to 3 PM.
Treasurer, Don King, announced that three of the Club’s CD’s were about to mature, and would be
reinvested at an interest rate of 1.1%.
The President then asked Sergeant-at-Arms, Jim Warden, and Secretary, Vinton Dove, to give a shorttalk about the Club, including when they joined and what the Club was like in the “Early Days.” After they finished, he announced that the Board had met (without Jim and Vinton) and had elected eachof them to Life Membership in the Club.
Note: ICC member, Wendell Wolka is seeking re-election to the Board of the ANA.
The Educational Program – The program was Titled “Scottish Coinage” and was presented by PaulVaughn. Paul had a large display of 30 Scottish coins, and gave handouts consisting of color copiesof the coins in the display, which dated from about 1200 to 1708. In discussing the coins, Paul included a great deal of the history of Scotland and explained the different minting processes used in
making the coins. It was a very well organized and extremely interesting program, and one that Paul
had undoubtedly put much time into preparing.
After the Break, the 50/50 Drawing was run by Club Treasurer, Don King.
Auction –Club member, Joe Boling, ran the auction. There were 14 auction sheets, which included
some donated items. Bob Bettcher Jim Roehrdanz, Dave Reid and Vinton Dove assisted.
The club adjourned at 9:06 PM. Respectfully submitted, Vinton Dove, Secretary