T he P lanchet- I . C. C. MARCH 2023

Issue# 641

A.N.A. C-131170 - I.S.N.A. LM 243 - C.S.N.S. L-600

Established 1939 and celebrating over 80 years of service
to the coin collector.

The next meeting will be M arch 20th, 2023
Monthly meetings of the Indianapolis Coin Club are held the third Monday of each month at
the Northside Events and Social Club 2100 E. 71st Street in Indianapolis, Indiana.
The Meetings consist of a business session, educational program, an intermission, and anumismatic auction.
Doors open at 6:00 pm, meeting will begin at 7:00 pm.
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MARCH, 2023

As hopefully all of our members know, the ICC has a library that is free to use for it's members. The
current list of library books is available on the ICC website. Jim Sukup usually brings a few books
each month but we want to make sure that everyone is aware of the books that are available.
Email Jim prior to the meeting and he will bring your selection if it is available.

jsukup@rpiratings.com

Th is M on t h s Edu cat ion al Pr ogr am Will Be:
March 20th, 2023
Meeting start time: 7:00 PMTh e Boss in Br on ze:
A Th om as Tagger t M edal
by Jef f Ber covit z2

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MARCH, 2023

A Few Words From Your Pr esident
by Sharon Bower
Now, we are in the month of March. Coming up, we will be celebrating St. Patrick?s Day,
March Madness, the Ides of March, and Women?s History Month.
Wh at is St . Pat r ick 's Day gold coin s f or ?
Gold Coins have become symbolic of St. Patrick's Day. Legend has it that if you can find theend of a rainbow there will be a Leprechaun sitting there with a pot of gold ... catch him andthe gold is yours.
Wh y do people gif t gold coin s?
Gold gift as a symbol of love, wealth, and prosperity
Very often, gold is given as a symbolic gift with a deeper meaning. The precious metal is acentral part of Diwali, the Indian festival of lights. It is closely associated with Lakshmi, theHindu goddess of fortune and prosperity, which is synonymous with gold.

Picture retrieved
fromhttps://www.teacherspayteachers.com/Product/STEM-Challenge-St-Patricks-Day-STEM-Coin-Bridge-1134945?st=b680b12544894df3d5e0fd2165b09c12

Ven t r is C. Gibson

Dir ect orUnited States Mint
Ventris C. Gibson is the 40th Director of the United States Mint. She is the first African3Issue# 641

MARCH, 2023

American to lead the Mint. From October 2021 to June 2022 she served as Deputy Director.
Director Gibson is a U.S. Navy veteran who joined the Mint from District of Columbia
government, where she served as the Director of Human Resources. In this role, Ms. Gibson
provided executive oversight and execution of human capital programs and services fornearly 37,000 employees. Prior to that, Ms. Gibson served as Associate Deputy Assistant
Secretary for Human Resources in the U.S. Department of Health and Human Services. She
was responsible for the development, articulation, and delivery of Department-wide humanresources policies, plans, and programs.
Ms. Gibson?s career with the federal government includes leadership roles in the Federal
Aviation Administration, where she was Assistant Administrator for Human Resources, andthe Department of Veterans Affairs (VA) as Deputy Assistant Secretary for Human Resource
Management and its first Deputy Assistant Secretary for Resolution Management. She wasVA?s highest-ranking woman veteran and directed human resources management and civilrights programs affecting 230,000 employees.
With a career spanning more than 40 years in both human resources executive andprofessional positions, Ms. Gibson is the recipient of numerous awards andcommendations. She has received the Exceptional and Meritorious Service Awards, FAAManager Association?s Leadership Award, National Hispanic Coalition?s President?s Award,
and the Northern New Jersey Metropolitan Area?s prestigious ?Woman of the Year ? award.
A graduate of the Federal Executive Institute, Executive Technique, and Aspen Institute, Ms.
Gibson attended the University of Maryland, University College. She has three children, four
grandchildren, and two golden retrievers.
Retrieved from: https://www.usmint.gov/about/leadership/director
Sh ar on Bow er
Clu b Pr esiden t

Edit or ?s Not e:
The views expressed in any article aresolely those of the author and do not
represent the views of the ICC, nor does
the ICC endorse any advertiser.

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MARCH, 2023

Walk in g LIber t y Half Dollar s - Fallin g in Love All
Over Again
by Mark Benvenuto

The Weinman design for the Walking Liberty half dollar is certainly a common one.
For the past three decades new collectors as well as grizzled veterans have seen it as theobverse of the United States silver Eagle one-ounce bullion coin. For many of us, thedesign?s origin, back in 1916, has always been the focus, which means the Walking Liberty
half dollars have been where the siren song of these big silver pieces originated. But if there
is a downside to building a collection of the original Walking Liberty halves, it is this: the fullset can be very expensive. So let?s see how we can go about this in some new way, andmaybe once again fall in love with this series.

First, just focus on 1934 ? 1947
The beginning of the Walking Liberty half dollar series is where many of theexpensive dates and mint marks seem to be concentrated. Yes, there are certainly someexpensive dates and mint marks within the series that came out after 1934. But for themost part, this is the line in the sand, in this case the line where the prices begin to drop.
And so, this can be a great place to start a collection of these fifty-cent pieces.

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Whenever we look at a new series, or think seriously about building a collection forourselves, it?s worth thinking about just how much we wish to put into it ? in other words,
how much do we wish to spend and what condition of coin we wish to pursue. The moodthat seems to dominate the collector community right now is that folks should focus onmint state coins. That certainly will land us sharp-looking pieces. But when the cost issomething like $18,000, as it will be for a 1921-S Walking Liberty half in MS-60 grade,virtually all of us will probably just shake our heads and walk away.

On the other hand, when the price tag for a good looking coin is something like $30,
well, this will make just about any collector sit up and take notice. We choose that number
because it is the basic price tag for a 1934 Walking Liberty half in almost uncirculated, orAU-50, condition. This is quite a savings, and it comes with only two steps down. First, westep down from mint state to almost uncirculated. Second, we step down from a coin that isstill relatively common ? the 1921-S half has 548K to its total ? to one that is remarkably so ?
the 1934 comes in with just over 6.9 million to its tally.
So, is it worth it to consider starting a collecting effort for Walking Liberty half dollars
at 1934, and the remarkably low cost that might go along with any purchases? Most of us
would answer with a resounding, ?yes!? After all, we can still have a lot of fun building thislatter-day set of Walkers.
Second, just look at those 1934 ? 1947 halves with mintages over 10 million
There are plenty of ?D?and ?S?mintmarks to be found on Walking Liberty half dollars.
When it comes to major league mintages though, it was often the main facility inPhiladelphia that pumped out the lion?s share of any annual production run. For example,
the very first of these fifty-cent pieces to come out in eight figures ? meaning more than 10
million ? was the 1917 issue from Philly.We?ll note that it was the 1918-S which was thesecond to break that ceiling. But after that, it wouldn?t be until 1936 that a mintage was thishigh.

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The annual output from the City of Brotherly Love was especially high from 1941
through 1945, with the 1943 seeing the biggest single mintage in the entire series,
53,190,000 as an official tally. Numbers like this make a short set of dates particularly easy
to get our hands on, and wonderfully affordable. Believe it or not, we can break into theranks of mint state specimens for about $30 or $40 per coin. Perhaps obviously, if we opt
for specimens that are true high-end examples, we?ll end up paying more ? and it would bewise to snag such beauties in slabs that come from the reputable third-party grading
services. But overall, there are some very attractive coins in this part of the series, at equallyattractive prices.
After getting our hands on the most common of Walking Liberty half dollars, we canmove to some of the others which have mintages we can consider high, but that aren?tquite as impressive as the five years we just mentioned. For example, in those early 1940?sthere were several ?S?mint marks that came out at or near the 10-million mark. And while
an ?S?mint mark routinely jacks up the price of any coin, when there are more than
10-million of them, the price hike is rather minimal. After all, mint mark or no, these are stillrather common coins. If we ante up $50 per piece, we can land them in mint state grades.
Above and beyond?
We?ve seen that starting a collecting effort for Walking Liberty half dollars at the year
1934 and concentrating on the common dates from that year up to 1947 can be an
intelligent way to get into this series without steamrolling our wallets. Yes, we will have toadmit that this leaves out the earliest years, which tend to be the most expensive pieces inthe series. But the fact that we have found numerous mint state pieces that will cost $50 orless has got to be a plus to weigh against any dates we consider too expensive. Though thecollection we make might qualify as short, the short and long of this approach is that weend up with some gorgeous Walking Liberty half dollars, and may indeed end up falling inlove all over again.

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Adver t ise in t h e In dian apolis Coin Clu b
New slet t er !
Th e cost is on ly $35.00 f or a bu sin ess car d size adf or 11 issu es!

PLEASE try to have correct change, or at least use
smaller bills, to pay for auction items that you win.
Especially troublesome are $50's and $100's whichquickly drain the change that is available. That change ispersonal money, and it will be greatly appreciated by thechanger and auction assistants to make giving changeeasier and more efficient.

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March 2023 Auction Lotsfor 3/20/2023
Description

Grade1932-45 Washington 25 C

Additional Notes

Starting Price

Includes 32-D, 32-S

$420.00

1986 Silver Eagle$60.001987 Silver Eagle$40.001988 Silver Eagle$35.001989 Silver Eagle$35.001990 Silver Eagle$35.001803 Half Cent

VG

$88.001818 Large Cent

VG

$18.001858 CN 3 CentF

$40.001871 CN 3 CentXF

$30.001943 D Mercury Dime

Unc

1818 Bust Quarter

G/VG$75.001857 Seated Liberty Quarter

XF$50.001927 S Standing Liberty Quarter

VG$45.001835 Bust Half Dollar

VF$65.00

1869 Seated Liberty Half Dollar

VG$48.00FSBYour auction lots could be listed right here.
Any active ICC member can put lots in to our monthly auctions.
Send them to the editor by the Thursday before each months meeting.
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MARCH, 2023

M in u t es of t h e ICC M eet in g ? Febr u ar y 20, 2022

Open - The meeting was called to order at 7:00 p.m. The meeting was held at the Knights ofColumbus Hall, 2100 E. 71st., Indianapolis, Indiana. The at t en dan ce pr ize was a 2005
Bi-Metallic (Silver/Brass) Mexico 100 Peso donated by Chris Bower.
The Secr et ar y 's r epor t for January, 2023 was accepted as amended, which was publishedin the Planchet, by a duly made motion that was seconded. The amendment was to correct
Jim?s last name, which is Anderson. The Tr easu r er 's r epor t f or January, 2023 was accepted
as published in the Planchet, by a duly made motion that was seconded.
Visit or s -We had no visitor ?s.
Repor t s of Com m it t ees ?None.
Old Bu sin ess?None.
New Bu sin ess·Chris Bower and Kurt Miller represented our club at the Indiana State Museum on
President?s Day during an event that the Museum had.
Nu m ism at ic f in ds:·Joe Boling brought an example of a propaganda patriotic overprint note, a customized goldunit note.
·Joe stated he hasn?t seen one like this in almost 40 years and that the note was probably
from 1943 or 1944, printed during World War II.
Edu cat ion Pr ogr am : Christopher Bower gave a talk on Karl Goetz, who was well known for
his WW1 propaganda medals.
Au ct ion ? The auction was busy. There were 14 sheets ($14 to the Club).
Fif t y-Fif t y: The prize for the 50/50 was larger than usual, with the club receiving $48. Jerry
Coraz won the door prize.

Respectfully submitted,
Gary Selig for
Jim Sukup, Secretary (jsukup@rpiratings.com )10

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In dian apolis Coin Clu b
2023 M eet in g Dat es & Edu cat ion al Pr ogr am s
January 16, 2023 - ?1933 US Gold and Executive Order 6102?-by Kurt Miller* Prize sponsor: Kurt MillerFebruary 22, 2023 - 'Karl Goetz - Misunderstood?? - by Christopher Bower* Prize sponsor: Christopher Bower
March 20, 2023 - 'The Boss in Bronze: A Thomas Taggert Medal' - by Jeff Bercovitz* Prize sponsor: Gerald CorazApril 17, 2023 - 'T.B.A? - by Louise Boling* Prize sponsor: Louise BolingMay 15, 2023 - 'Official Counterfeiting' - Joseph Boling* Prize sponsor: Joseph Boling
June 19, 2023 - 'T.B.A? - by Kevin Hunt
* Prize sponsor: Kevin Hunt
July 17, 2023 - 'T.B.A? - T.B.A* Prize sponsor: T.B.A
August 21, 2023 - 'T.B.A? - by Andy Nahrwold* Prize sponsor: Andy Nahrwold
September 18, 2023 - Exhibit Night* Prize sponsor: I. C. C.
October 16, 2023 - 'T.B.A' - by Jim Roehrdanz* Prize sponsor: Jim Roehrdanz
November 20, 2023 - ?The Annual State of the Hobby Address?- Mark Eberhard* Prize sponsor: T.B.A.
Tuesday, December 5, 2023 ? NO MEETING - I.C.C. Holiday Banquet* For 2023 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 inat the greeting table. The prize each month will be a 90% silver U.S. Half Dollar (or equivalent value coin, $5 ormore) The I.C.C. Board members and officers as well as several I.C.C. members chose to act as sponsors anddonate the monthly prizes rather than funding them from our budget. You'll find the monthly prize sponsor
listed below each monthly meeting date above. 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 tothat person and the membership to remain quiet and pay attention during the program. It?s important that werespect the knowledge that is being shared with 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.

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Tr easu r er 's Repor t f or Febr u ar y 2023:

Greetings: My treasurer 's report is as follows: at the February 20, 2023 meeting, wecollected $162, consisting of $14 for auction sheets, $100 dues payments, and $48 from the50/50 drawing. In addition, since meeting we received in the mail additional dues payments
totaling $120.
On March 10, I mailed a check for $100 to the North Side Events & Social Club for room
rental for the club's March, 2023 meeting.
The balance in the club's checking account is $25,646.77.

Jerry C.

$3827.44

Th e 2021 In dian apolis Coin Clu b
Of f icer s an d Boar d M em ber s:President
Sharon Bower
Vice-President
Don WraySecretary
Jim Sukup
Treasurer
Gerald Coraz
Newsletter Editor
Christopher Bower
Past President
Jim Sukup
Sgt-at-Arms
Jim Warden
Board Member 2023-2024
Vinton DoveBoard Member 2023-2024
Andy Nahrwold
Board Member 2023-2024
Jim Roehrdanz
Board Member 2022-2023
Louise Boling
Board Member 2022-2023
Jeff Bercovitz
Board Member 2022-2023
Steve Howery

Wildm an Coin s
Christopher Bower
ANA# LM7017
Specialist in World Coins,
Tokens, and Medals

443-786-6584
ch r isb8626@m sn .com

12

Issue# 641

MARCH, 2023

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