The Planchet

January 2014

Issue #540

The next meeting will be
Monday, January 27th, 2014
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.

Indianapolis Coin Club Educational ProgramThis months Educational Program will be:“TBA” by Jeff Bercovitz
Next Months Meeting Date & Program:
Monday, February 24th, 2014, at 7 pm.

“TBA” by Jim Fuson
For a complete list of 2014 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/

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VINTON DOVE
Business ConsultantCollecting U.S. Coins Since 1952
Home (317) 257-1906
Cell (317) 910-4205
Fax (317) 257-2220

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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. All
inquiries should be sent to ICC, P.O. Box 2897, Indianapolis, Indiana,46206.

The 2014 Indianapolis Coin ClubOfficers and Board Members:
President
Vice-President
Secretary
Treasurer
Newsletter Editor
Past President
Sgt-at-Arms
Board Member 2013-2014
Board Member 2013-2014
Board Member 2013-2014
Board Member 2014-2015
Board Member 2014-2015
Board Member 2014-2015

Michael White
Jeff Bercovitz
Vinton DoveMark Eberhardt
Andy Nahrwold
Donn Wray
Jim Warden
Gary Conner
Dave Reid
Bob Bettcher
Jim Fuson
Paul Vaughn
Jim Roehrdanz

November 25, 2013 - Minutes of the Indianapolis Coin Club Meeting.
Open – The meeting was called to order at 7:09 PM by Club President, Donn Wray. 33 people
attended. We met at the Northside Knights of Columbus Hall, 2100 East 71st St.
The Treasurer’s report and the Secretary’s report were accepted as published in thePlanchet.
Visitors – Dave Mason, a friend of Shannon Sharp, introduced himself and brought an overstruck 1963-D Cent to show.
Election of Officers and Board Members – The Secretary, Chairman of the Election Committee, announced that every office had only one nominee, and called for a motion to elect the slate
unanimously. Karl Kreck so moved and Richard Rippel seconded. Motion passed.
Old Business – A progress report on the 75th Anniversary Medals was given by the Medals
Committee Chairman, Vinton Dove. The Board voted to sell the Silver Medals for $40.00 each,and the Bronze Medals for $10.00 each. A set of both coins will cost $50.00, and all medals
will be sold in boxes. The Board decided to make 50 Silver and 150 Bronze medals. Medals
will be available to be picked up at the January meeting. (Bring your checkbook!)
New Business – Kills! Mike White showed a new $100 bill. Treasurer, Mark Eberhardt said
he purchased 21 Morgan silver dollars for $20 each. (The price is falling!)
Past President, Jim Roehrdanz, announced that the Club’s annual Banquet would be held at theMCL Cafeteria on 62nd street, west of Keystone Avenue, at 6:00 PM on Tuesday, December 3rd.
Club member, Alison Brown asked of anyone could loan her a metal detector for a few hours soshe could find the well at her home.
The Attendance Drawing (Door Prize) – An 1831 Half Dollar was won by Alison Brown.
The Educational Program – The program was given by President, Donn Wray, and was titled“Collecting Small Size Type US Currency.” He had an impressive display of bills, and a very
authoritative presentation. Unfortunately, the information was way beyond the Secretary’s ability to comprehend. Suffice it to say Donn gave another excellent program!
After the Break, the 50/50 Drawing was run by Bob Bettcher.
Auction – Joe Boling ran the auction. Assisting were Bob Bettcher, Vinton Dove and Jim
Roehrdanz.
The meeting was Adjourned at approximately 8:30 PM.
Respectfully submitted, Vinton Dove, SecretaryIndianapolis Coin Club, Inc.

Indianapolis Coin Club, Inc.

General Ledger for November, 2013

General Ledger for December, 2013

Receipts:
Dues – Regular @ $12.00 each:
Dues – Junior @ $5.00 each:
Advertising – Planchet @ $35.00 each:Fifty/Fifty Drawing:
Interest – CD’s – 1st Merchant Bank:
Donations – Auction & Others:
ICC Library Books Sold:
Auction Lots Sheets @ $1.00 per Sheet:Amazon.com:
Total Receipts:$120.00$ 5.00$28.00$ 2.00$ 6.00$161.00

Receipts:
Dues – Regular @ $12.00 each:
Dues – Junior @ $5.00 each:
Advertising – Planchet @ $35.00 each:Fifty/Fifty Drawing:
Interest – CD’s – 1st Merchant Bank:
Donations – Auction & Others:
ICC Library Books Sold:
Auction Lots Sheets @ $1.00 per Sheet:Amazon.com:
Total Receipts:

Disbursements:

Disbursements:

Dues – ANA:
Insurance – Liability:
Insurance – Treasurer’s Bond:
Computer Website Mainance:
Mail Box Rental:
Office Supplies:
Envelopes:
Postage:
Supplies (Paper, ect.):
K of C Meeting Room Rental:
Exhibitors Night Prizes:
Printing:
Postage:
Paper/Ink Cartridges:
Software:Envelopes:
Club Functions / Promotions:
Christmas Banquet:
Coin Week – April:
Youth Educational Projects:
ISNA Table Setup:2014 ICC Medal (75th Anniv.):

Dues – ANA:
Insurance – Liability:
Insurance – Treasurer’s Bond:
Computer Website Mainance:
Mail Box Rental:
Office Supplies:
Envelopes:
Postage:
Supplies (Paper, ect.):
K of C Meeting Room Rental:
Exhibitors Night Prizes:
Printing:
Postage:
Paper/Ink Cartridges:
Software:Envelopes:
Club Functions / Promotions:
Christmas Banquet:
Coin Week – April:
Youth Educational Projects:
ISNA Table Setup:2014 ICC Medal (75th Anniv.):$92.00$50.00

$0.00
$0.00
$0.00
$ 0.00$0.00$0.00$100.00$250.00Total Disbursements:$142.00

Total Disbursements:$350.00

Net Gain or Loss for Month:$ 19.00

Net Gain or Loss for Month:$350.00$5,246.34$ 161.00($ 142.00)$5,265.34

Check Book:
Starting Balance:
Cash/Check In:
Checks Out:
350.00)Ending Balance:

Check Book:
Starting Balance:
Cash/Check In:
Checks Out:
Ending Balance:$5,265.34$0.00($$4,915.34

A Few Words From Your President
Greetings fellow club members,
I'd like to start off by wishing you all a Happy New Year!
As we begin 2014 I have a few items I'd like to update you all on as the Indianapolis Coin Club preparesto celebrate its 75th Year in existence. Please bear with me ‐ I'll try to be brief.
First and foremost I wish to bid a fond farewell to a good friend and fellow ICC member Mr. David Reid
who passed away rather suddenly on Sunday, January 12th at 2:30 p.m. As many of you know, Dave
had surgery not long ago to remove a tumor. Although he was weak after his surgery all seemed well
for a few months and it appeared he had won his battle against cancer. Unfortunately it returned andtook Dave's life rather quickly. I will ask that we observe a moment of silence in remembrance of Daveat our meeting on Monday. The ICC Board of Directors has discussed honoring Dave in some way andwe've had several excellent suggestions. We can discuss this as a group at our meeting so if you have asuggestion we'd like to hear it then.
On a brighter note, we already have some exciting things happening in the very first month of 2014.
The 75th Anniversary Medals have arrived and they look terrific! Vinton Dove and David Reid served asthe committee responsible for making these medals become a reality and they did a splendid job. (I'mvery pleased that this is part of Dave's legacy to the club) Please remember to bring your payment for
medals you ordered in advance or bring money to the meeting to purchase them on the spot! Vinton
will be arriving early on Monday to deliver your medals. I know you will all be very pleased with them.
I am pleased to announce that we had a very productive ICC Budget Meeting on Sunday, January 12th,
2014. 10 of our 13 Board Members/Officers were present and we got a lot of work done. Treasurer
Mark Eberhardt had prepared an excellent realistic and simplified rough draft that we discussed andrefined. The final version of our 2014 budget will be voted on by the Board right before our Monday
meeting so all Board members are asked to please show up at 6:45 p.m. for the vote.
During our budget meeting we also lined up volunteers to give our Educational Programs for 2014 as
well as getting commitments from Board Members to provide the monthly Attendance Prizes. I re‐quested, and the Board consented that we continue the Attendance Prize program again this year with
one small change. The monthly prize will be AT LEAST a 90% silver Half Dollar or equivalent World Coin.
This means that any member who chooses to may donate a more valuable prize if he wishes to do so.
This serves as an additional incentive for you to attend our meetings! You may go home with a Morgan
Silver Dollar or an American Silver Eagle!
One final thing. I'm issuing you all a challenge to help increase our membership this year. Think about
this; if each of you can sign up ONE new member into our club over the course of this year we could
double the number of people sitting in that room for each meeting from 35 members to 70! Wouldn't
that be great? Think about how awesome our auctions could be! Let's see how many of you will bringsomeone new into the Indianapolis Coin Club this year.
Thank you everyone for allowing me to serve as your ICC President at this exciting time!

Michael WhiteHAWAII SEQUECENTENNIAL
HALF DOLLAR 1928
By Michael Schmidt(Reprinted from The Old Fort Coin Club newsletter 'The Chatter' with permission)After the intrigue of the Oregon Half it is refreshing to come back to a commemorative untouched by scandal. In order to mark the 150th
anniversary of the discovery of the Hawaiian Islands, the Hawaiian Territorial Delegate to Congress introduced a bill to strike ten thou‐sand half dollar for the purpose. The money raised from the sale of the coins was to be used to establish a Captain Cook Memorial col‐lection in the Hawaiian Archives. Meeting with no objection the bill was rapidly passed and became the Act of March 7th 1928.
The Hawaiian Delegate, Commander Victor Stewart Kaleoaloha Houston, was apparently quite sure that his bill would pass because hesubmitted designs for the coins to the Fine Arts Commission on Nov 2nd 1927. This was more than a month before he submitted the au‐thorization bill.
The obverse of the coin has an offset left facing bust of Captain Cook, discoverer of the Sandwich (Hawaiian) Islands, in naval uniform. In
front of the bust is the inscription “Capt James Cook Discoverer of Hawaii” in four lines. After the word Capt. is a compass needle point‐
ing north. Above the bust is UNITED STATES OF AMERICA, and below HALF DOLLAR. The denomination is flanked on either side by four
triangles or “volcanoes” representing the eight largest islands of the territory. Behind the bust is the motto In God We Trust in two lines.
Inside the rim all the way around is a wavy border meant to symbolize the ocean.

The reverse is dominated by a standing Hawaiian warrior with his right arm outstretched. He is standing on a promontory below a palm
tree and in the background can be seen Mamala Bay and Waikiki Beach. In the far background below the warriors arm is Diamond Head.
To the left is the motto E Pluribus Unum and below his feet the dates 1778 – 1928. While the figure is typically called merely a warrior,
the feather cloak the figure is wearing was only worn by Hawaiian royalty, and the figure is clearly based on the statue of King Kame‐hameha I at the Royal Palace in Honolulu.
In June of 1928 the Philadelphia mint struck the 10,000 authorized coins. Unlike previous commemorative halves this issue had a groupof 50 sandblast proofs made as an official part of the coinage. The next 200 struck were reserved for presentation pieces. These coins,and the balance of 9,750, were shipped to the Captain Cook Sesquicentennial Commission in Honolulu. The Commission appointed theBank of Hawaii to be the distributor of the coins. Distribution began Oct 8th 1928. The fifty matte proofs were presented to various VIP’s,dignitaries, Governments and Museums. A list of the original recipients does exist. The 200 presentation pieces were given to lesser“important people” but apparently no list was kept of them. The remaining 9.750 coins were split evenly for distribution with 4,975 be‐
ing reserved for sale on the islands and the other 4,975 for distribution on the mainland. Even at $2 each the mainland coins werequickly sold out. The island coins may have been a little slower selling because the Bank of Hawaii purchased 1,500 of them for their own
accounts, and the remainder was quickly absorbed by the islanders.
The proceeds from the sale were turned over to the commission and were used to form the Cook Memorial collection, which exists tothis day in the Hawaiian Archives.

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Indianapolis Coin Club2014 Meeting Dates & Educational Programs
January 27, 2014 - ‘TBA’ - by Jeff Bercovitz*Prize sponsor: Michael WhiteFebruary 24, 2014 - ‘TBA’ - by Jim Fuson*Prize sponsor: Jeff Bercovitz

March 24, 2014 - ‘19th Century Counterfeit Bank Notes’ - by Joseph Boling*Prize sponsor: Vinton DoveApril 28, 2014 - ‘TBA’ - by Michael White*Prize sponsor: Bob Bettcher

May 19, 2014 - ‘TBA’ - by Jim Warden*Prize sponsor: Jim Warden

June 23, 2014 - ‘TBA’ - by Jim Roehrdanz*Prize sponsor: Jim Roehrdanz

July 28, 2014 - ‘TBA’ - by Paul Vaughn*Prize sponsor: Paul Vaughn

August 25, 2014 - ‘TBA’ - by Logansport Coin Club Speaker Exchange*Prize sponsor: Andy Nahrwold

September 22, 2014 - I.C.C. Exhibit Night*Prize sponsor: Donn Wray

October 27, 2014 - ‘TBA’ - by Donn Wray
*Prize sponsor: Jim Fuson

November 24, 2014 - ‘Annual State of the Hobby Address’ -by Mark Eberhardt*Prize sponsor: Mark Eberhardt

December 8, 2014 – NO MEETING - I.C.C. Holiday Banquet*For 2014 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 atthe 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 sharedwith us 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.