Indianapolis Coin Club
A.N.A. C-131170 - C.S.N.S L-600 - I.S.N.A. LM 243
Mailing Address: P.O. Box 30103, Indianapolis, IN 46230 Fax: 257-2220

August2001

The Indianapolis Coin Club is a non-profit, educational organization founded in 1939 for the purpose of educating people of all ages in the greater Indianapolis community about thecoins they presently own or may wish to collect. We hold eleven monthly meetings each year (presently at the Marion County Library Service Center at 24th and Meridian Streets)
during which various programs of an educational nature are held for the benefit of our membership and the general public. All meetings are open to the public and there is no charge
for attendance unless a person wishes to become a member of the club. Adult annual dues are $10.00 per year, junior membership dues are $5.00 per year.

THE MONTHLY PLANCHET

Exhibit Night Successful
Last month’s meeting centeredaround one of our club’s more interesting activities - our annual
Exhibit Night. This year’s event
attracted thirteen exhibitors, whoshared some very fine examplesof their numismatic diversions.
There were six competitors in the‘World’ classification, and sevenin the ‘U.S.’, all of whom received
a participation award of a Silver
Eagle commemorative coin.
Category winners were as follows:World
1st Place - John Maag
(Hungarian Issues)
2nd Place - Michael
Suit (Swiss Cantons)
3rd Place - Charles
Alber (Canadian Olym
-pic Silver Rounds)
U.S.
1st Place - Doc Gerth& Jim Luckey(Carson City Mint Display)

2nd Place - Jim Goaziou(Comstock Lode)
3rd Place - Rick Jones (Buffalo Dollar & Other Modern
Commemoratives)
Other participants included
Ryan Black, Marcus Turner,
William Cook, Kurt Miller,
Bruce Turner, and Vinton
Dove. Thanks to all who participated, and to the ISNA forthe use of their cases.

Juniors’ Program EstablishedYour Board of Directors has been
trying to develop a program to
educate the Junior members, andto encourage more youths to become coin collectors and join theclub.
As part of that effort, Vice President, Jim Luckey, spoke with thepeople from Littleton Coin Company at the Central States Numismatic Society show in April. They
agreed to donate more than 50
Statehood Quarter albums to theclub so that we could give one toeach junior. They further agreed
to help us purchase other coin collecting supplies at a generous dis-count. The juniors in the club haveeach received one.
Several members of the Board discussed funding for the Juniors’ Program while we were at the CSNS
show, and we decided to solicit
contributions from the coin dealers who are members of the club.
This has been successful, and so
far, we have received contributions
from Leon Hendrickson ofSilvertowne, LP, and from Larry
and Anna Hylton.
Jim Luckey has also worked with
Coz Raimondi and Dr. Robert Gerthto develop a program to be presented at Middle Schools and El-

ementary Schools in the area, todevelop interest in the hobby.
Several presentations have been
given.
Gail Phillips found a sale on Statehood Quarter Collector’s Kits, andpurchased several for the club.
Coz Raimondi of The Coin Index
has offered us generous discounts
on any materials the club wants
to buy.
Our thanks to all who have participated in the development of the
Juniors’ program and to those whohave so generously contributed toit!
-Vinton Dove, Pres.

Our next meetings are scheduled for Monday, August 27, and TUESDAY, September 25, at 7:00 PM at the Library Services Center, 24thand Meridian Sts., Indianapolis (enter parking lot from 24th St.).
Officers:
President: Vinton Dove
Vice President: Jim Luckey
Secretary: Allen Dove
Treasurer: John Phillips
Sergeant-at-Arms: Jim Warden
Past President: Robert Ware
Editor/Webmaster: Gail Phillips

Directors:
Lawrence
Wisthoff
Donald Black
Michael Suit
Coz Raimondi
Jim Roehrdanz

I n s i de

T his

I ss u e:

President’s Report2
Secretary’s Report5
Treasurer’s Report
2
Puzzle Page
3
Kid’s Page
8
Other News
4,5,6,7,9

Visit our website at: www.indianapoliscoinclub.org
1Treasurer’s Report

From Our
President
The show committee has tentatively set
March 17, 2002, as the date for the
next ICC Coin Show. Please put thisdate on your calendars, and if you knowof a conflict with another show in Indiana, please call me at (317) 257-1906,
or call Coz Raimondi at the Coin Index, (317) 885-8066. We had what
we believe to be a great show in 2001,
and we are hoping for an even better
one in 2002.
Thanks to Jim and Sherry Goaziou forhandling our Exhibitor’s Night at our
July meeting. By all accounts it was ahuge success, and we all had great fun.
One of the Directors of the club, Ron
Keyler, has submitted his resignation,
due to a lack of time available to serve
the club. I have reluctantly accepted
his resignation.
Thanks to Jim Luckey for compiling thegrading opinions of club members on
the coins submitted at our June meeting. Jim reported that there was a wide
range of grades on most of the coins.
That tells me that we have lots of work
to do educating our members on how
to grade coins. Of course, the grading
was done at the meeting, so a numberof things were not “optimum.” First,
we did not view the coins under a“single point of light, as we might havedone in our own home; second, there
was a meeting going on, which tends
to be distracting; third, we all felt
rushed to complete the grading so thateveryone else could have time to grade
them, (or at least I did); forth, not allof us had our ANA Grading Standards
book with us; and so forth.
That analysis should tell each of us that

August 2001

EXPENDITURES
Newsletter
Postage
Refreshments - mtg./picnic
Exhibit Night Awards
Total Expenses$ 15.75
43.55
114.3489.44$ 263.08

Net Expenses$ 263.08

Balance in Checking 8/1/01 - $3954.19
we should be prepared by bringing the aforementioned
materials and our loupe (magnifier) when we attend theclub meetings, or coin shows, or when we go to a dealer’s
shop to buy coins (in which case, we should grade the coinourselves), unless we have complete trust in the dealer weare buying from - or if the coin is certified by a grading
company we feel we can trust. Speaking of the differencesin grading companies, we can gain some insight into someof these companies at the next meeting.
Jim Roehrdanz will be our speaker at the August meeting,
and will speak about his experiences in sending coins to
the different grading companies - and receiving different
grades on the same coin from different companies. I am
looking forward to hearing what Jim has found out about
the different companies.
It is time to start thinking about the Officers for 2002. If
you have any desire to serve the club, (and the time todonate), please contact me.
Don’t forget the upcoming shows:
Central States Numismatic Society Show (Dearborn, MI)
Aug. 24-26, 2001
Indiana State Numismatic Association Show (Indianapolis, IN) - Nov. 2 & 3, 2001
Indianapolis Coin Club Show (Indianapolis, IN) - March
17, 2002 (tentative).
And don’t forget our next meeting, (Monday) August 27,
2001. Come on out and have some fun!
-Vinton Dove

2

PU

E

This month’s
puzzle focuses on coins
depicting people with curly
hair! Not just wavy, mind
you, but CURLY! Do thispuzzle, and win a strange
prize!

G

LE P AZZ

C o i n W o r l d T r i v i a:

1. What do members of the IOWMC
specialize in?
2. What legend is pierced by the
sun’s rays on the Lincoln-Illinois
Centennial commemorative half?
3. The Sommer Islands (Bermuda)
Colonial coinage depicts what animal?

ACROSS
21792 _____ cent7
1792 Washington piece _____ head
8
Large cent head type9
$4 Lady
10
Rosa Americana subject
11
Quarter- or half- eagle ______ head

4. A 1949-D/S Jefferson 5-cent coinexhibits what kind of error?
(answers elsewhere in this issue)

DOWN
1
Lettered-edge half dollar style
2
5th State commem. subject
31936 ______ NY commem.
41804 Half cent variety
5
Dollar designer George T. ______
6
1809-36 half-cent _______ head type

July Puzzle Solution

The crossword puzzle winner for July was Vinton
Dove. There were three other correct entries, including Don and Ryan Black, and Doc Gerth.
Thanks for participating!

3

CornerJohn Maag’s
The Background of the Susan
B. Anthony Dollar Coin
As the years went on, the Anthony dollar would undergo a revival
which would have surprised people
if that had been predicted in 1981.
In the original years of issues,
the Anthony was issued in both proof
and uncirculated versions. They
were also issued by all three mints;
Philadelphia, Denver, and San Francisco. In both 1979 and 1981, there
were two varieties of the “S” Mint
mark on the proofs, the “clear S”s
being the keys to the Anthony series.
In 1979, Type I was the “filled S” andType II was the “clear S”. In 1981,
Type I was the “filled S” also, but it
was the same mark as the “clear S”
of 1979. Type II was the “clear S”, butmuch clearer than the 1979 “clear S”.
Also, the obverse design was modified in 1979 to widen the border rim.
Late issues of 1979-P and subsequentissues have the wide rim1. Mintages
for the original coins are as follows:
1979-P 360,222,000
1979-D 288,015,744
1979-S 109,576,000
1979-S Proof 3,677,175
1980-P 27,610,000
1980-D 41,628,708
1980-S 20,422,000
1980-S Proof 3,554,806
1981-P 3,000,000
1981-D 3,250,000
1981-S 3,492,000
1981-S Proof 4,063,083

The mintage breakdowns forthe “filled S” and “clear S” proof varieties of 1979 and 1981 is unknown,
but the “clear S” variety is recognized as much scarcer in both years.
Also, the 1981-P, -D, and -S were issued only in Mint sets.
As the years went on, the massive backlog of Anthony dollars heldby the treasury was gradually depleted, primarily due to the fact thattransit systems found the coin much
more useful for payment of fares thandollar bills, especially as the fares formost systems went over a dollar inprice, due to inflation and increased
costs incurred by the decrease insubsidies for the systems. Also the
U.S. Postal Service found the coins a
useful means of making change instamp vending machines, especiallyas people were using larger bills andchange returns in quarters would
have been quite inconvenient forcustomers.
The movement for a new dollar
coin which would avoid the mistakes
associated with the Anthonys increased, especially as other countries had found that coins for theirbase denominations were acceptable to the public. This was only thecase when the coin wasn’t easily confused with any other denomination
currently in use, although, in the caseof Great Britain and Canada, coinscompletely replaced one pound and
one dollar notes, requiring the public to use the coins as the notes disappeared from circulation. The result
was the Sacagawea dollar, whose
gold-colored composition and attractive design featured Lewis and
Clark’s Indian guide with

her infant, Jean Baptiste. The reverse
flying eagle design is somewhat
reminiscent of the rejected original
Gasparro design for the earlier dollar coin. These features allowed the
Sacagawea dollar to avoid some ofthe design mistakes of the Anthonycoin. Since the new coin’s design was
not yet ready in 1999, and the government wished to introduce the
new coin in what was widely, but incorrectly, assumed to be the “millennium” year 2000, the Anthony coins
was issued one more time in 1999 inall versions, and in the original copper-nickel composition. The 1999 issue was produced to meet the needsof vending machines, and dies forthe coins were further modified tostrengthen details on the reverse.2 Bythis time, the Mint was issuing 90%
silver proof sets, and there was somequestion as to whether or not a 90%
silver Anthony would be issued. It
was not.
Interestingly, as has happenedin the past when there have beenchanges in coinage composition
which resulted in rare error coins,such as the 1943 copper cent, the1944 steel cent, the 1971-D and 1977D 40% silver halves, and 1974-D and1977-D 40% silver dollars, there havebeen a few Anthony dollars struck on
the new gold-colored planchets.
So, the Anthony dollar ended up
with it’s final issue that may be a rarity that will put it in the same class as
the 1913 Liberty nickels and so forth.
1., 2. A Guide Book of United States Coins,54th Ed., 2001, R.S. Yeoman, Kenneth Bressett,p.193.

Frank Gasparro’s proposed design

4

WILSON AND LEWIS ELECTED NEW ANA PRESIDENT AND
VP; FOUR NEW GOVERNORS TO JOIN BOARD

Secretary’s
ReportA new president and vice president, and four new andthree incumbents have been elected to the American
Numismatic Association (ANA) nine-member Board ofGovernors, with 8,220 ballots cast in the biennial election.
ANA Vice President John Wilson of Ocala, Florida, waselected president, defeating Past Governor Will
Rossman of Estes Park, Colorado. Wilson received
4,841 votes to Rossman’s 3,225 in the first contested
race for the ANA presidency since 1975.
In the contested election for the vice presidency, Governor Gary E. Lewis of Cape Coral, Florida, defeated
Governor Alan Herbert of Belle Fourche, South Dakota, by a vote of 4,343 to 3,582.
New Board members are M. Remy Bourne, Arthur M.
Fitts III, William H. Horton Jr. and Jerry Lebo. Incumbents re-elected are Patricia A. Finner, Kay Edgerton
Lenker and Barry S. Stuppler.
President H. Robert Campbell and Governor Thomas
Hallenbeck, who both served two terms on the ANA
Board, did not seek re-election. Past President Anthony
Swiatek was prohibited from seeking another term,
having served the 10-year limit of five terms.
Wilson, a 23-year life member of the ANA, is a collector, exhibitor, exhibit judge, author, speaker and researcher. A member of the Board of Governors since
1995, he also has served as president of the Central
States Numismatic Society and governor of the Society of Paper Money Collectors. He is a recipient of the
Association’s Medal of Merit, Glenn Smedley Memorial
Award and Presidential Award.
Lewis, a 41-year life member of the ANA, was firstelected to the Board of Governors in 1995 and has
served on the ANA’s Audit, Finance, Exhibit, Resolutions, Mediation, Commemorative Quarter and Young
Numismatists Committees. He also has served as aregional, district and club representative and is the
1979 recipient of the ANA Outstanding Adult AdvisorAward.
All members of the ANA Board of Governors elected
this year will assume office during the Association’s
110th Anniversary Convention in Atlanta, Georgia,
August 8-12. Installation of officers will take place at
the convention banquet on Saturday, August 11.
Votes garnered by the winning candidates, as tabulated by the independent accounting firm of Grant
Thornton (in descending order of votes received) are:5,377 for Finner of Iola, Wisconsin
4,875 for Lenker of San Diego, California
4,628 for Stuppler of Woodland Hills, California
4,566 for Arthur M. Fitts III of Framingham, Massachusetts
4,507 for M. Remy Bourne of Minneapolis, Minnesota
4,321 for Jerry Lebo of Logansport, Indiana

The meeting was called to order by our president,
Vinton Dove. Vinton urged everyone to turn in theircrossword puzzle entries to our Newsletter Editor,
Gail Phillips. Vinton discussed two articles from
Numismatic News – one discussing error JZ dollar
bills and the other about ICC member Julian Jarvis.
He then read the results of the ANA election.
The Secretary’s and Treasurer’s reports were read.
Visitors were welcomed as they introduced themselves.
Vinton read the Numismatic News Grading Tip ofthe Week which dealt with design variations.
Gail reported on the summer social and said that itwent well and there were 16 or 17 people in attendance.
Vinton listed the dates for the next five coin shows.
Vice President, Jim Luckey, discussed the results ofthe coin grading exercise from the previous meeting.
Former ICC President, Jim Goaziou, was introduced
and started off Exhibitor’s Night. There were thirteen exhibitions – six in the World category andseven in the US category. Each exhibition received
a participation prize – a Silver Eagle purchased from
Coz Raimondi and the Coin Index. Coz thanked
the ISNA for the use of the display cases. Participants (and winners) in the World category were –Ryan Black, John Maag (1st place), Marcus Turner,
Michael Suit (2nd), Charles Alber (3rd) and Jim
Goaziou. Participants (and winners) in the US category were – Jim Goaziou (2nd), William Cook, Kurt
Miller, Rick Jones (3rd), Dr. Gerth and Jim Luckey(1st), Vinton Dove, and Bruce Turner. Thanks were
given to all who participated.
2000-D Dimes were distributed.
Vinton thanked John Maag for his articles in the
newsletter, Gail for her incredible effort on eachmonth’s newsletter, and Coz for the participation
prizes. Coz again thanked the ISNA for the use of
the display cases.
Gail presented the winner of the crossword puzzle
challenge, Vinton, with his prize. There were four
correct entries.
Vinton reiterated the calendar for August.

continued on page 9

5John Maag,
1 Place Worldst

Michael Suit,
2nd Place WorldCharles Alber,
3rd Place World

Jim Luckey
andDoc Gerth,
1st Place U.S.

Jim Goaziou,
2nd Place U.S.

6

Rick Jones,
3rd Place U.S.

Thought you would all like to receive this. Please help with the
ANA Building Fund if you haven’t
already. Even $25 helps thecause. We need you.
We also want to hear your ideas
on how we can better serve you.
Thanks, John Wilson
Date: 2001-08-17 12:44:17 PST
AMERICAN NUMISMATIC ASSOCIATIONFOR IMMEDIATE RELEASE: August 16, 2001
CONTACT: Stephen Bobbitt
ANA BOARD EXTENDS EXECUTIVEDIRECTOR’S CONTRACT

The American Numismatic Association (ANA) Board of Governors,
meeting at the Association’s 110th
Anniversary Convention in Atlanta, Georgia, August 8-12, extended the contract of ANA Executive Director Edward C. Rochette.
“The Board recognized the importance of keeping Ed in his current
position for another two years, especially with the need to fund the
ANA headquarters renovation in
Colorado Springs, Colorado,” said
President H. Robert Campbell on
August 11.
“Work on our museum and libraryis continuing, as is the $3 million
fund-raising drive. Ed has been instrumental in shepherding thebuilding project, and the Board
wanted him to oversee it tocompletion.”
Work on renovating the ANA
Money Museum and Library began late last year and is expected
to be finished is fall. It includes
doubling the library space andcompletely remodeling the museum area. The project began after the Harry W. Bass Jr. Foundation announced it was building ahigh-tech exhibit of the late Harry
W. Bass Jr.’s core collection ofUnited States gold coins, patterns
and paper money.
“I am flattered that the Board has
asked me to stay on through theend of the 112th Anniversary Convention in Baltimore in 2003,”
Rochette says. “We have accomplished a great deal in the lastyear, but there still is a tremendous amount of work to be done.”
Fund-raising efforts have generated about 10 percent of theneeded $3 million. The Board has
asked Rochette to be actively involved in the headquarters renovation fund campaign.
The extension of Rochette’s contract, which was set to expire on
July 31, 2002, also will give the
new Board of Governors, whichwere installed August 11, an opportunity to develop a profile andcomplete the search for a new
executive director.
Rochette, who served 20 years on
the ANA staff (1966-86) - both asexecutive director and editor of
the ANA’s monthly journal, The
Numismatist - and six years on
the Board of Governors (198793), including a term as president,
was asked by the Board in July
1998 to oversee the day-to-day
operations of the Association on
an interim basis. In 1999 theBoard made him the permanent
executive director.

The Awards For

U.S. Mint Has New
Info
Beginning August 10, 2001, allmail orders to the U.S. Mint
should be addressed to:United States Mint
P.O. Box 382601
Pittsburgh, PA 15250-8601
To check on an order, or to beplaced on their mailing list, write
to:Customer Service Center
U.S. Mint
10003 Derekwood Lane
Lanham, MD 20706
or call (202) 283-2646.
There are also some new phone
numbers - within the U.S., can(800) 872-6468 (USA-MINT)
for the hearing impaired, call
TTY: (888) 321-6468 (321MINT)
and for international customers,
call +1-301-918-6848 (918MINT)

7

Exhibit Night!

Vermont State Quarter

Thismonth’scontest:Bring theweirdest
coin youhave withyou to themeeting!
Win aprize!

Facts about Vermont ...
Vermont is thelargest producerof maple syrup intheUnitedStates. In 1992,
it produced arecord crop of
570,000 gallons!
If you like sweet
stuff, try some
Ben & Jerry’s ice
cream, which originated in Vermont. America’s first horse breed,
the Morgan, can also be traced to
Vermont. In the 1780’s, a schoolteacher named Justin Morgan
brought a stallion to Vermont. The
horse was known as the Justin Morgan horse. Vermont became astate on March 4, 1791. It was the
14th state in the union, its capitalis Montpelier, and its nickname is“The Green Mountain State”. Withfewer than 9,000 residents, Montpelier has the smallest populationof any state capital in the UnitedStates. It is also the only state
capital that does not have a
McDonald’s restaurant!

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BUCKETS
FREEDOM
GREEN MOUNTAINHERMIT THRUSH
MAPLE TREESMONTPELIER
RED CLOVER
SAP
SYRUP
UNITY
VERMONT

Contest 2:
Write a list of twelve otherthings about Vermont that you
know. Win a prize!

8

Upcoming Coin Shows:
September 29 - Putnam County Coin Club - Ramada Inn, Cloverdale, IN
I-70 and Highway 231 - 9 AM to 5 PM - Free Admission
September 30 - Logansport Coin Club - Holiday Inn - Logansport, IN
US 24 E. - 10 AM to 4 PM - Free Admission
November 2 & 3 - ISNA 43rd Annual Coin Show - Indianapolis, IN
Marriott Hotel - 7202 E. 21st St. - 10 - 6 Friday, 10 - 5 SaturdayFree Admission Coin Auction Friday, 5:30 PM, Junior Auction Saturday
More info: www.coinshows.com/isna.html or call 765-649-0253
March 30, 2002 - Bloomington Coin Club - Bloomington Convention
Center - 302 S. College Ave., Bloomington, IN - 9 AM to 5 PM
Free Admission More info: call 812-336-3681
Coin World Trivia Answers: 1. Wooden Money 2. E Pluribus Unum 3. A Hog 4. Over-Mint markMarcus A Turner317-272-7450
fax: 317-272-1887

maturner@iquest.net
Buying: U.S. Military Payment Certificates,
Allied Military Currency, Prisoner of War Camp
Money, Concentration Camp/Ghetto Money, War
Bonds, WWII Axis and Allied Issues, WWII Local
Emergency Issues, Philippine Guerrilla Money, Pay
Books, WWII Lottery Tickets, Thai & Korean
MPC Coupons, WWII Occupational Issues
Military Payment Certificates Pages
http://members.xoom.com/maturner/main.htm

This month’s educational program will be presented by Jim
Roehrdanz who will be talking about “Grading Services”
Don’t miss it!
continued from page 5

4,263 for William H. Horton Jr. of Keyport, New Jersey
Votes received by the 4 unsuccessful candidates, in descending order, are:4,030 for Walter A. Ostromecki Jr. of Panorama City, California
4,026 for Steven K. Ellsworth of Clifton, Virginia
3,979 for Karen Jach of Milwaukee, Wisconsin
3,958 for Gar Travis of Jacksonville, North Carolina
Nearly 28 percent of the ANA membership cast ballots in this election; more than 30 percent voted in the
ANA election two years ago.
Copyright © 2001 ANAÆ9