T he P lanchet- I . C. C. JUNE, 2019

Issue# 600

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

Established 1939 and celebrating over 75 years of service
to the coin collector.

The next meeting will be M onday, June 17th, 2019
Meetings of the Indianapolis Coin Club are held the third Monday of each month at
the Northside Knights of Columbus 2100 E. 71st Street in Indianapolis, Indiana.
The Meetings consist of a business session, educational program, an intermission, and anumismatic auction.
Doors open at 6:00pm, meeting will begin at 7:00pm.
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Issue# 600

A Few Words From Your Pr esident
Reading through a copy of Numismatic News recently, part of an article by Cliff Mishler reallycaught my eye. He attended a talk by a mint official at a recent show who said that the U.S.
Mint's mailing list is something like one-seventh as large as it used to be a few decades ago.
While this initially seemed like a huge surprise, the more I thought about it the more it
seemed reasonable. Like many Club members, when I was growing up I believe there were
only two items that could be purchased from the mint on a regular basis, a proof set and amint set. Today there are so many issues for sale that it is no wonder people distancethemselves from making mint purchases. Buyers will lose money on most sales if theirprimary purpose is to make a profit down the road. Producing mint rarities by limiting
production runs, as has happened of late, further alienates collectors, not to mention manyof the packaging issues and poor quality of coins being produced that seem to be an ongoingproblem. Time will tell, but the mint should take a hard look at their core mission if they wantto earn back the trust of collectors.
The May issue of The Numismatist had an article by Q. David Bowers that replicated 20
questions as part of an exam he had created for potential positions at Bowers and Merena
Galleries. In his words, "There were 120 questions, many of which were tricky. A number ofhigh-scorers, whom I dubbed the 'dream team,' were added to our staff." Here is an example:
Among the early silver coinage of Massachusetts, dated pieces always bear the year 1652,
except for the silver two pence, which is dated a) 1650, b) 1653, c) 1662, d) 1694. Well, let's,
just say that I would not have been a member of Bowers' "dream team" back when he waslooking for employees. Take a look at the May issue to find out how you would have done.
As was the case last month, although I am unfortunately unable to attend tonight's meeting, I
hope that you plan to be there. Again, VP Andy Nahrwold will be running the meeting. I do
plan on attending our July meeting. Why not invite a friend, spouse, or coworker to join you
tonight? Have a great meeting!

Jim Su k u p, Pr esiden t

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JUNE, 2019

Issue# 600

INDIANAPOLISCOINCLUBEDUCATIONAL PROGRAM
This month?s Educational Program will be:'Coins of M ar y, Queen of
Scots'byPaul Vaughn
Next Month?s Meeting Date & Program:'Coins With Stories'
by Brad Karoleff
Monday July 15th, 2019

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

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Issue# 600

Fr om M ain St r eam t o Obscu r e,
Th r ee In t er est in g Silver Bu llion Coin Possibilit ies
By Mark Benvenuto
The United States Mint has been pounding out one-ounce silver bullion coins in a big
way since 1986. An entire generation of collectors has now grown up and gotten into
the hobby without ever really knowing of a time when there were no bullion coins aspart of their collecting options. Anyone who is interested can certainly take the time
to assemble a beautiful collection of one-ounce silver Eagles, since so many of themare very affordable. With the possibilities of regular issues, proofs, and now a few
other issues directed to collectors, it?s more a matter of choosing which versions wemight like than worrying about prices for each date. And yet there are definitely otherone-ounce bullion coins we might want to look at, if our own Eagles seem like too
familiar a setting at the moment. Let?s choose a few rather obscure ones and see
what?s available.
Th e silver Ir bis

Photo of2oz version

Yes, believe it or not, there is a choice, at least when it comes to silver one-ouncebullion coins, called the silver Irbis. For those of us who have not brushed up on all
the exotic animals in the world, an irbis is a snow leopard ? and the word is theRussian for the species, a reclusive big cat of the mountains of south-central Asia.
Curiously, the silver Irbis coins are not those of Russia, but rather those of
Kazakhstan, one of the Central Asian republics that politically sprang into existencewith the dissolution of the Soviet Union.
The Kazakhs got into the bullion coinage arena rather recently, as the first silver Irbis
coins appear to be dated 2009. What we might consider a full date run of them is notgoing to be all that long, since the next issue was in 2015 (there were, by the way,4

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Issue# 600

quite a few gold Irbis coins issued in that time frame as well). So, precisely because wehave only a few years to gather to claim victory in making a full set of silver Irbis coins,
we have to ask: just where do we get them?
Believe it or not, there is actually a website for the Kazakhstan National Bank, and it
has a translation button to turn the entire thing into English. For those of us soinclined, it is: https://www.nationalbank.kz/. But what might be a more domestic
challenge is to see if we can find one of these either in a local shop, a decent-sized
show, or if those fail, through some mail order dealer. The possibilities may not beendless, but they?re not all that limited either.
Ar ch an gel M ich ael

Moving west from the apparently endless steppe of Kazakhstan we eventually end up
at Ukraine, another land with an ancient past and only a recent politicalindependence. Ukraine chose to get into the field of bullion coins in 2011, and has
been putting them out pretty regularly since then. Of note, their design features
Archangel Michael on the obverse. For those of us who were less awake than we?dwant to admit way back in Sunday school, Michael could be described as the head of
God?s special forces legion ? at least, artists routinely portray him wearing armor andholding one pretty deadly-looking broadsword.
The connection between Archangel Michael and Ukraine is that he is the patron saintof the nation, and of the city of Kiev. Indeed, the coat of arms of Kiev is bascially him
on a blue background holding a truly nasty-looking sword. His depiction on thebullion coins does indeed depict him with a sword, though this blade isn?t as
evil-looking as that on the coat of arms ? and overall this is a handsome looking
design.
Once again, there is a website we can go to if we?d like to try a direct route to thesebullion pieces: https://bank.gov.ua/control/en/bullioncoin/registry and once again, it?seven written in English. But we can also see just who on this side of the Atlantic might
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Issue# 600

already have some of the Archangel Michael pieces for sale. That may be the quicker
way to land one of these big silver disks.
Un a an d t h e lion

If those two seemed like rather obscure places from which to land a silver, one-ouncebullion coin, how about the British Virgin Islands as a third choice? Okay, most of us
know which ocean these are floating around in, but might be hard pressed to findexactly which specks they are if we were presented with a map with no markings on it.
Basically, they?re pretty close to Puerto Rico, and we bought ours off the Danes abouta century ago, while the British held on to theirs.
The design known as Una and the Lion is actually almost two hundred years old, andwas used on a hefty British gold piece back in 1839, as part of the coronation of
Queen Victoria. Just this year this beautiful image has been reprised, but put on a
one-ounce silver piece as the reverse image, Queen Elizabeth being on the obverse.
The whole thing is quite a bit like what the U.S. Mint has done in the recent past withseveral of our classic coin images.
Pr ices?
This has without a doubt given us some options when it comes to collecting
one-ounce silver bullion coins, whether we are seasoned collectors of U.S. silver
Eagles, or complete beginners in the field. But how much do silver Irbis, Archangel
Michael, or Una and the Lion pieces cost? Well, perhaps the obvious when looking at
prices is the realization that they will all cost at least the price of the silver in them. But
each member of this trio has not been made on the grand scale that the Eagles havebeen, and so will probably cost more.
To all of who us choose to get our feet wet in these waters, as it were, and move toadding any or all of these three one-ounce silver pieces to our collections, the best ofluck at making our collections three ounces heavier.

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JUNE, 2019

Issue# 600

June 2019 Auction Lotsfor 6/17/2019
Description

Grade

Additional Notes

Starting Price

7 Circulated Peace Dollars
4 Silver Dollars

98.00
63ish

1885-O,1886,1922,1923

90.00

Other Silver Dollar lots
Misc lots of world coins

1.00

Your items could be listed right here. It is free for members to put items in
the auction and have them advertised in the Planchet.
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.

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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JUNE 2019

Issue# 600

READ THIS

An n ou n cem en t s:Mark Eberhardt asked me to remind everyone that 2019 dues are past due. We are way
behind on collecting dues for this year. If you have not paid your 2019 dues please either
pay them at this months meeting or mail them in to the club.
Thank you to everyone who has paid in the last month. We are still way behind last year. Take thetime to mail your dues today, or even better, come to next weeks meeting. - editor
It's not too early to think about December. The ICC will once again be provided a free club
table at this years ISNA show. If you are interested in helping to staff the table please see
Jim or Andy. It is a very small time commitment.
The ANA's World's Fair of Money will be in Chicago again this year. The dates are August
13th thru 17th. The Indiana State Numismatic Association will have a club table at this years
show. Stop by and hang out for awhile. ANA members get in to the show for free! That isjust one of the many benefits of being an ANA member. If you need to sign up see Chris
Bower.
Did you notice? This is issue number 600 of the Planchet. That is pretty amazing. Thank you
to all of the prior editors. I have only been involved with a very small number of these.
-editor
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Issue# 600

Apr il 18, 2019 ? M in u t es of t h e In dian apolis Coin Clu b M eet in g
Call t o or der . Vice President Andy Nahrwold called the meeting to order at 7:00 p.m.
We met at the Knights of Columbus Hall (North) located at 2100 E. 71st St.,
Indianapolis, IN.
At t en dan ce Pr ice. The attendance price for the month of May (2019) is a 1966
Kennedy Half Special Mint Set donated by Don Wray.
Repor t of Secr et ar y. The Secretary?s Report for April, 2019 was published in thecurrent month?s Plan ch et . There was a motion made, which was duly seconded toaccept the report as published. The motion passed.
Repor t of Tr easu r er . The Treasurer ?s Report for March and April, 2019 was publishedin the current month?s Plan ch et . There was a motion made, which was duly seconded
to accept the report as published. The motion passed.
Visit or s. Tom Miller. Tom found us by ?poking around the web?.
Repor t s of Com m it t ees.
It was reported that Jim Sukup spoke at Allisonville Elementary 5th grade class.
Old Bu sin ess. Andy reported that the ICC webpage is now functioning correctly. Parts
look a little different, but not much.
New Bu sin ess.
Paul Vaughn said the movie ?Mary Queen of Scott?s? would be a good background fornext month?s program.
We need people to man the ICC table at the State show; like 1 hour shifts?12/6,
12/7/2019.
Andy reported that he went to the Michigan coin show the preceding month, and thento Chicago, and noticed that ?using half dollars at toll booth fazes them not one bit.?
Andy also reported that pursuant to the Club?s constitution if there?s anything amember wants to change with the club or are dissatisfied with, be sure to bring it to aboard member ?s attention.
Don Wray made a Legacy Grading service update.
If you haven?t paid your dues, please do so as soon as possible.
Cu r r en t In t er est in g Fin d.
Joe Boling has an Error Note; $20 National Currency; the Charter Number andRegional Letter are inverted. More specifically, it was a 1902 Plain Bank, Central
National Bank, San Angelo, TX. Joe only paid $80.00. It was in poor condition ?a realrag?.
Don Wray had a 1943A Lira (short snorter) with famous signatures at the time. Don
paid $60.00. Signature of Don Burns, Jack Haley, Frankie Fay, Mary Bryan, Joe Louis
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JUNE, 2019

Issue# 600(heavy weight champ).
Edu cat ion Pr ogr am . Don Wray spoke on sovereigns .2354 ounces (gold bullion). ?The
British Sovereign & its Wannabe?s? which are 91% fine. It started in 1817. Don went on
to provide many other interesting details, too many to write down. Here are somehighlights. WWI caused a cessation of production. By the 1950?s there were many
counterfeits. Since 1982 they are proof only. Don also discussed the colonies, such as
Australia, and India (Bombay), South Africa. They are some other varieties that Don
referred to as ?wannabies?, like Rhodesia. Don has an example from Saudia Arabia(1950) and an example of a sovereign struck at the Philadelphia Mint to pay (Saudi) oil
workers and he had many others.
Br eak . A break was held around 7:40 p.m. for about ten (10) minutes.
50/ 50 dr aw in g. There was $73. The winner Louis B. won $36 with the club retaining$37.
At t en dan ce Pr ize Dr aw in g t ook place. Joe Filipczak . Au ct ion . The auction was
held. Mark did his usual fine job. The Club received $7.00 from the auction lot sheets
The meeting adjou r n ed.
Respect f u lly su bm it t ed,
Gar y M . Selig, Secr et ar ygselig14@gm ail.com

Trivia:What country made tokens (aka ?game
counters?) with ?To Hannover ? on them?
Answer is at the bottom of the treasurer 's report.

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Issue# 600

In dian apolis Coin Clu b
2019 M eet in g Dat es & Edu cat ion al Pr ogr am s
January 21, 2019 - ?Numismatic Literature?- by Eric L. Lindseth* Prize sponsor: Christopher Bower
February 18, 2019 - ?The Perth Mint Lunar Series? - by Greg Gordon* Prize sponsor: I.C.C.
March 18, 2019 - ?British Provincial Tokens?- by Christopher Bower* Prize sponsor: Jim Sukup
April 15, 2019 - 'Joan Clark Murray: Breaking the Code of Scottish Groats' by Louise Boling* Prize sponsor: Louise BolingMay 20, 2019 - 'The British Sovereign and its Wannabes' - by Donn Wray
* Prize sponsor: Donn Wray
June 17, 2019 - 'Coins of Mary, Queen of Scots' - by Paul Vaughn* Prize sponsor: Paul Vaughn
July 15, 2019 - 'Coins with Stories.' - by Brad Karoleff* Prize sponsor: T. B. A.
August 19, 2019 - 'Coin Collecting to the Fullest' - by Andy Nahrwold* Prize sponsor: Andy Nahrwold
September 19, 2018 - Exhibit Night* Prize sponsor: I. C. C.
October 21, 2019 -T. B. A. - 'Cleaning/Conservation' by Matt Dinger* Prize sponsor: T. B. A.
November 18, 2019 - ?Annual State of the Hobby Address?-by Mark Eberhardt* Prize sponsor: I.C.C.
Tuesday, December 3, 2019 ? NO MEETING - I.C.C. Holiday Banquet* For 2019 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 we
respect 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 2019
RECEIPTS:
Dues - Regular @ $20.00 ea.
Dues - Junior @ $5.00 ea.
Advertising - Planchet @ $35.00 ea.
Fifty/Fifty Drawing:

M ay 2019$60.00$37.00Donations / Auction Lot Sales:
ICC Library Book Sold (est):
Auction Lots Sheets @ $1.00 per Sheet:
Newsletter Postage Fee:

$7.00

Sale of Medals
TOTAL RECEIPTS:$104.00
M ay 2019DISBURSEMENTS:
Dues - ANA:
Insurance - Liability:
Insurance - Treasurer 's Bond:
Mail Box Rental:
Secretary/Treasurer - Postage:
K of C Meeting Room Rent:
Door Prizes (11 Months)
Exhibitors Nights Prizes:
Library Purchases:
Speaker Meals:$100.00

Website Maintenance:
Newsletter:- Printing/Supplies:- Postage:
TOTAL DISBURSEMENTS:$100.00

NET INFLOW / OUTFLOW:$4.00

ICC CHECKBOOK:
Balance:M ay 2019$3772.48

Trivia Answer: Great Britain
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Issue# 600

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!

Th e 2019 In dian apolis Coin Clu b
Of f icer s an d Boar d M em ber s:
President
Jim Sukup
Vice-President
Andy Nahrwold
Secretary
Vinton Dove
TreasurerMark Eberhardt
Newsletter Editor
Christopher Bower
Past President
Michael White
Sgt-at-Arms
Jim Warden
Board Member 2018-2019
Gerald Coraz
Board Member 2018-2019
Paul Vaughn
Board Member 2018-2019
Jim Roehrdanz
Board Member 2019-2020
Donn Wray
Board Member 2019-2020
Jeff Bercovitz
Board Member 2019-2020
Steve Howery

13JUNE, 2019

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U.S. COINSDON?T SELL WITHOUT GETTING OUR OFFER!!!

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ANA, ISNA-LM, CSNS-LM(317) 852-8458

Specialist in World Coins

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JUNE, 2019

Issue# 600

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