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

Issue# 648

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 October 16th, 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.
1Issue# 648

OCTOBER, 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:
October 16th, 2023
Meeting start time: 7:00 PMTh e Fir st Coin M ade Un der t h e
U.S. Con st it u t ion

by William Eck ber g2

Issue# 648

OCTOBER, 2023

A Few Words From Your Pr esident
by Sharon Bower
It is October time for the ghouls and goblins to come out. Below is the slate of officers
in preparation for the election at the November meeting. If you are interested inserving the club, please talk with a board member.
Of f ice

Nam e

Pr esiden t

Sharon Bower

Vice-Pr esiden tDonn Wray

Secr et ar yJim Sukup

Tr easu r erGerald CorazSgt -at -Ar m s

Jim Warden

Edit orChris Bower

Past Pr esiden t

Jim Sukup

Dir ect or 24-25

Louise Boling

Dir ect or 24-25

Jeff Bercovitz

Dir ect or 24-25

Steve Howery

Nom in ees

Look forward to seeing you at the upcoming meeting.
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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Issue# 648

OCTOBER, 2023

Duncan Nathaniel Ingraham ? Rescue of Martin
Kosztaby Christopher Bower
Over the last several years more and more of my collecting budget is being used on
historical medals from both the United States and around the world. Many of thesepurchases would be considered impulse buys with little or no research done prior to thetransaction. I see it, tell myself, that is both neat and it is within my budget, so let?s get it. Keepin mind that there is no ?Red Book? for medals. There isn?t even anything equivalent to theKrause world coin catalogs. I use my gut to guide me on many of these purchases. I have hada few hiccups along the way but haven?t ever really been burned.
One recent purchase is the subject of this article. The ?Rescue of Martin Koszta? medal
is an impressive 105mm bronze medal. The imagery is very appealing to me. Medalists have a
lot more freedom to create beautiful works of art than do the artists that create ourcirculating coinage.
First, let?s talk about the medal and events that led up to its creation.
Du n can In gr ah am was born in Charleston, South Carolina, on December 6th , 1802. His
father was a friend of John Paul Jones and was in the action with theBritish brig Serapis, and his uncle, Captain Joseph Ingraham, was lostat sea in the United States ship Pickering. Duncan Nathaniel entered
the United States navy as a midshipman in June 1812, and became
lieutenant, April 1818; commander, May 1838; and captain, September
1855. While commanding the sloop-of-war St. Louis, in theMediterranean he interfered at Smyrna, in July 1853, with the Austrian
consul's detention of Martin Koszta. Koszta had resided nearly twoyears in the United States and declared his intention of becoming anAmerican citizen. He had come to Smyrna, in Greece, from New Yorkon business intending soon to return, but on June 21st, 1853 he was seized by a party ofarmed Greeks that were employed by the Austrian consul-general and confined on board theHussar. After learning the facts from the prisoner Captain Ingraham addressed a letter on thissubject to John P. Brown, the charge d'affaires of the United States in Constantinople, whogave the official opinion that the surrender of Koszta should be demanded. On July 2nd, at 8a.m., Captain Ingraham claimed of the Austrian commander the release of Koszta by 4 p. m.
declaring that he would otherwise take him by force. At the same time the decks of the St
Louis were cleared for action, and all was made ready for an attack on the Hussar, which wasmuch her superior in size and armament. At 11 A. M. the Austrian consul-general proposed todeliver Koszta to the French consul and be held by him subject to the disposition of theUnited States and Austrian consuls. This was accepted by Captain Ingraham as giving4

Issue# 648

OCTOBER, 2023

sufficient assurance of the personal safety of the Hungarian. Koszta was soon released andreturned to the United States. This affair gave rise to an elaborate discussion in Washington
between Secretary William L. Marcy and M. Hulsemann. The conduct of Captain Ingraham
was fully approved by the United States government and on August 4th , 1854, congress, by
joint resolution, requested the president to present him with a medal. In March 1856 he wasappointed chief of the bureau of ordnance and hydrography of the navy department. Whenthe civil war began, in 1861, he was in command of the flagship Richmond in theMediterranean. He resigned his commission and entered the Confederate naval service. He
served as chief of ordnance, construction, and repair, and in which he rose to the rank ofcommodore. He served in every war since the Revolution and was said to be the only survivorof those that entered the navy in 1812.

Description:"1854" (1855) Commander Duncan Ingraham / Rescue of Martin Koszta Medal. Original Large
Size. By James Barton Longacre and Peter Cross(obverse). Draftsman Seth Eastman. Julian
NA-26. Bronze. 105 mm. These were also struck in a much more commonly available 3? size.
Bronze struck medallion with obverse showing the American and Austrian ships at anchor inthe harbor of Smyrna, Turkey; inscription in center exergue: "SMYRNA./AMERICAN
5

Issue# 648

OCTOBER, 2023

AUSTRIAN/SLOOP OF WAR BRIG OF WAR/ST LOUIS, HUSSAR." Reverse bears inscription
surrounded by wreath of laurel and oak branches with eagle and stars below: "PRESENTED/BY
THE/PRESIDENT OF THE UNITED STATES/TO/COMMANDER DUNCAN N. INGRAHAM/AS A
TESTIMONIAL OF THE HIGH SENSE/ENTERTAINED BY CONGRESS/OF HIS GALLANT AND
JUDICIOUS CONDUCT/ON THE 2d OF JULY 1853./JOINT RESOLUTION OF CONGRESS AUGUST
4th 1854."This seems like a relatively minor event to result in the production of a congressional
gold medal. Captain Duncan stood his ground against a much more heavily armed opponent
and got them to back down. I?m not trying to get political, but can you imagine something likethis happening in modern times? The United States threatened military action to recoversomeone that wasn?t a US citizen.
A little background information: Martin Koszta, a man of Hungarian birth, had taken
part in the political movement of 1848-49 to separate Hungary from the Austrian Empire. He
fled to Turkey, then emigrated to the United States. In July 1852, he made a declaration underoath of his intention to become a citizen of the United States and, at the same time,renounced all allegiance to any foreign power.
The so called Koszta Affair in 1853 was the name applied to a diplomatic episodebetween the United States and the Austrian Empire involving the rights in foreign countries of
new Americans who were not yet fully naturalized.
It sounds like Koszta had earned some political power and probably had somehigh-ranking friends in D.C. Whether it was justified or not is not up to me and irrelevant tothis article.
The names that signed the medal caught my attention as much as the subject matter.
Longacre and Cross are familiar to me, but Eastman was a new name for me to see on amedal. The fact that Eastman was described as the ?draftsman? I thought was odd as well.
Jam es B. Lon gacr e was chief engraver for the U. S. Mint from 1844 until his death in1869. Best known for creating the flying eagle and Indian head cents.
Pet er Filat r eu Cr oss was an assistant engraver to James B. Longacre at the U.S. Mint inPhiladelphia, Pennsylvania.
Cross was born in New York City to William Cross and Hannah Woods Cross. Despite
Mint records stating that he died in 1856, he appears in the 1860 U.S. Census in Philadelphia.
He married Harriet Chapin and had one child; a daughter named Maria.
He is best known for his work on the reverse of the 1849 1-dollar gold coin. The valueof gold required the coin to be so small that too many people were losing them, so it had tobe redesigned. He also designed medals of the period, including this medal.
Cross died on October 13th , 1862, in Philadelphia, Pennsylvania, and is buried atLawnview Cemetery in Rockledge, Pennsylvania.
Set h East m an was an artist and West Point graduate who served in the US
Army, first as a mapmaker and illustrator. He had two tours at Fort Snelling, Minnesota
Territory. During the second tour he was commanding officer of the fort. In 1870 Congresscommissioned Eastman to create a series of 17 paintings of important U.S. forts, to be hungin the meeting rooms of the House Committee on Military Affairs. He completed the paintings
6Issue# 648

OCTOBER, 2023

in 1875. Eight still hang in the Senate Wing.
The most significant commission of Eastman?s artistic career
was a project sponsored by the United States government toillustrate the text to Historical and Statistical Information
Respecting the History, Condition and Prospects of the Indian
Tribes of the United States. The six-volume publication took
Eastman five years to illustrate and affirmed his status as ahistorian of the American Indian. As John Francis McDermottwrote, ?he became the most effective pictorial historian of theIndian in the nineteenth century.?
Longacre and Cross engraved the dies based on Eastman?sdesign. That?s 3 significant names from our history. Unfortunately,I wasn?t very familiar with Mr. Eastman prior to finding this medal.
His work is readily available for viewing by doing a quick Google search.

2023 Exh ibit Nigh t
I was another impressive year for our annual exhibit night. Every exhibit was imformative andmemorable. Congratulations to our winners.

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OCTOBER, 2023

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.

9Issue# 648

OCTOBER, 2023September 2023 Auction Lotsfor 9/18/2023
Description

Grade

Additional Notes

Starting Price

Catalog Value $61.00$40.001868 Indian Cent

Good1898 Indian CentVF1902 Indian CentXF

Catalog Value $14.00$9.00

1909-40 Partial Lincoln Cent

G to AU

Catalog Value $112.00$80.00Premium Wheat Roll

AU to UNC

20's & 30's, mintmarks$5.00

Take the Sheet above$125.00$2.50

Fr 1510 $2 USN StarPCGS 64

Catalog Value $94.00$80.00Fr 1708 $10 Silver Cert

PCGS 65

Catalog Value $214.00$190.00

Fr 1962-G $5 FRN StarPCGS 64

Catalog Value $75.00$60.00Fr 3075 L 1985 $20 FRN StarPCGS 55

Catalog Value $75.00$45.00Fr. 1621 1957 B $1 Silver Cert

CU Raw$7.00

Your 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.
10Issue# 648

OCTOBER, 2023

M in u t es of t h e ICC M eet in g on Sept em ber 18, 2023
Open - The meeting was held at the Northside Events and Social Club, 2100 E. 71 St.,
Indianapolis, Indiana, which was called to order at 7:00 p.m. by ICC President Sharon Bower.
The At t en dan ce Pr ize was a 1946 Walking Liberty half dollar donated by Jerry Coraz. There
were 29 people in attendance.
The Secr et ar y 's Repor t for August 2023 was accepted as published in the Planchet, by a duly
made motion that was seconded and passed by the membership. The Tr easu r er 's Repor t forAugust 2023 was accepted as published in the Planchet, by a duly made motion that wasseconded and passed by the membership.
Visit or s? There was one visitor at this meeting.
Repor t s of Com m it t ees? There were no reports from any of the Committees.
Old Bu sin ess? There was no old business that was reported on.
New Bu sin ess? Attendees were again reminded that the ISNA Coin Show will be held at theWyndham Indianapolis West on October 27th and 28th , and anyone interested in one of theseveral ISNA board positions that are available should contact Sharon Bower for more
information. Nominations for ICC Club officers for 2024 will be announced at the Octobermeeting. It you would like to run for an office or would like to nominate someone, pleasecontact Sharon Bower. Bill Eckberg reminded the group that Club member Joe Boling wasrecently enshrined into the ANA Hall of Fame, and he was given a hearty round of applause
for this accomplishment. It is probably the most prestigious numismatic honor attained by
any ICC member in our 80+ year history.
Nu m ism at ic Fin ds: None reported.
Edu cat ion al Pr ogr am : Tonight was Exhibit Night, with nine Club members participating.
Exhibit topics were quite varied and compelling. Some of the themes included Vietnamesesets, Japanese notes, Israeli coins, and Liberty Head to Saint-Gaudens Double Eagle transition
coins, among others.Prizes were awarded for the top seven exhibits as voted upon by thosein attendance.
Au ct ion - The auction was very light due to Exhibit Night. There were 3 auction sheets, with
$3.00 going to the Club.
Fif t y-Fif t y Dr aw in g: The prize for the 50/50 drawing totaled $94.00, with the club receiving$47.00 and the winner $47.00. The At t en dan ce Pr ize was also awarded.
The meeting was adjou r n edat 8:22 p.m. The next meeting will be on Monday, October 16,
2023.
Respectfully submitted,Jim Sukup, Secretary (jsukup@rpiratings.com)

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Issue# 648

OCTOBER, 2023

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 Miller
February 22, 2023 - 'Karl Goetz - Misunderstood?? - by Christopher Bower* Prize sponsor: Christopher Bower
March 20, 2023 - 'Buffalo Nickels' - by Vinton Dove* Prize sponsor: Gerald CorazApril 17, 2023 - 'Episcopal War Service Crosses: A Mark of Identity? - by Louise Boling* Prize sponsor: Louise BolingMay 15, 2023 - 'Official Counterfeiting' - Joseph Boling* Prize sponsor: Joseph Boling
June 19, 2023 - 'Indiana National Currency? - by Kevin Hunt
* Prize sponsor: Kevin Hunt
July 17, 2023 - Show and Tell Night* Prize sponsor: Gerald Coraz & Donn Wray
August 21, 2023 - 'Love Tokens Revisited? - by Andy Nahrwold* Prize sponsor: Andy Nahrwold
September 18, 2023 - Exhibit Night* Prize sponsor: I. C. C.
October 16, 2023 - "The First Coin Minted Under the U. S. Constitution' - by William Eckberg* Prize sponsor: William Eckberg
November 20, 2023 - ?The Annual State of the Hobby Address?- Mark Eberhardt* 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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OCTOBER, 2023

Tr easu r er 's Repor t f or Sept em ber 2023:
My treasurer 's report is as follows: the club has in its checking account the sum of $25,117.77. After lastmonth's meeting, I deposited $50 and a few days ago I sent a check for $100 to the North Side Social Clubfor room rental for the club's October, 2023 meeting.

Jerry C.

$3827.44

Th e 2023 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 RoehrdanzBoard Member 2022-2023
Louise Boling
Board Member 2022-2023
Jeff Bercovitz
Board Member 2022-2023
Steve Howery

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

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

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Issue# 648

OCTOBER, 2023

Th e Coin Hu n t

317-500-3779
7172 N Keyst on e Ave,
Su it e F
In dian apolis, IN 46240

Closed M on day
Tu e-Fr i 10:30AM -5:30PM
Sat 10AM -2PM

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Issue# 648

OCTOBER, 2023

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