The Planchet

March 2014

Issue #542

The next meeting will be
Monday, March 24th, 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:“19th Century Counterfeit National Bank Notes”
by Joe Boling
Next Months Meeting Date & Program:
Monday, April 28th, 2014, at 7 pm.

“Counterfeits and Countermeasures” by Michael WhiteFor 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/

'A Few Words From Your President'
Greetings fellow I.C.C. members,
I am looking forward to seeing everyone at our next meeting, which is this Monday, March 24th.
First, I want to say thanks for the good turnout and spirited bidding in the 'I.C.C. 75th Anniversary Medal Set #1' auc‐tion. As you know if you were present, Vinton Dove is the proud owner of that set. I know he was hoping to win it andhe was successful. Congratulations Vinton!
I also want to remind you all one last time that if you would like to purchase medals you can probably still do so at themeeting. I believe that Vinton is planning to bring the remaining stock to Mondays meeting but after that you will
have to arrange your purchase in advance so he doesn't have to keep toting them all to the meetings. Pricing is as fol‐lows: The silver & bronze 2‐medal set (with matching numbers) in capsules and 2‐coin presentation box is only $50.00.
The silver or bronze medals can also be purchased alone w/capsule & single coin box, priced at $40.00 for the silver
and $10.00 for the bronze. These are a wonderful Indianapolis Coin Club keepsakes and are beautiful so get themwhile they last!
I wanted to mention that National Coin Week is coming up April 20th thru 26th. It is the week before our April (28th)
meeting so this month's meeting is the last opportunity we will have to discuss it as a group. Here are a couple ofthoughts I have for ways you can participate: Just because we are not doing any kind of formal participation as a club doesn't mean you can't do something topromote the hobby on your own. Many of you will recall that in the past we did a program where we put together
bags of old coinage that are rarely (if ever) seen in circulation. We offered them to the I.C.C. members to purchase (for$5.00 I think it was). We then asked that during National Coin Week the members go out and spend those coins inorder to put some interesting coinage into circulation for people to find. The hope was that it might spark some inter‐
est in the hobby of collecting and bring some new faces into the club. This was the brainchild of Mark Eberhardt and I
loved the idea. I suggest you all search your "junk" boxes for coins or old paper money that you could spend for tips
etc. during National Coin Week.

 Coin dealers and Auction participants ‐ I'd like you guys to bring some coins and/or currency that fits the descrip‐tion of the items I described above for our club auction at Mondays meeting. This way, those who may not have items
to spend during National Coin Week can bid and/or purchase said items from you on Monday. This may help clear out
your "junk" coin & currency items and provide the materials necessary for our members to have some fun spreading it
around Indianapolis during National Coin Week. This can spark interest in the general public.
This month's Educational Program is entitled: “19th Century Counterfeit National Bank Notes” by Joe Boling. If you've
not seen one of Joe's Educational Programs I'd suggest you attend this Monday. "Interesting and Informative" does
not adequately describe his programs. Don't miss it.
Here's your final bit of motivation to attend Monday's meeting; the monthly Attendance Prize! This month's sponsor
is I.C.C. Secretary Vinton Dove. Everyone present at the meeting receives a FREE chance to win so please show up tosee what he's donated for the drawing. You could go home with a freebie! (FYI….I doubt he'll be donating the I.C.C.
75th Anniversary Medal Set #1!)
Thanks for electing me to serve as your President for this very exciting 75th Anniversary year!

Michael WhiteFrom the Editor
As Club President Michael White noted, National Coin Week will be April 20 - April 26. In thepast, we have used this time as an opportunity to reintroduce interesting coinage into circulation, inan effort to bring attention to coin collecting.
Highlights from last month’s auction:
 The I.C.C. 50th Anniversary Medal Set #126 sold for $60. #226 sold for $55.
 A 1919 mercury dime listed and sold for $5.
 A 1963 proof set listed for $20 and sold for $26
 A 1965 special mint set listed and sold for $10.
 A 1993 S proof quarter listed and sold for $1.
 A 1995 W World War II commemorative $5 gold coin listed and sold for $325.
 A 1908 Saint-Gaudens $20 gold piece in AU condition listed for $1,375 but did not sell.
In the auction coming up March 24th:
 No items were submitted this month for publication, other than rolls of presidential dollar coins
to be sold at cost for spending during National Coin Week.
Remember, if you plan to place items for auction at the following meeting, send the details toandreusrex@gmail.com by the third Monday of the month and I’ll publish them as space permits.
Lastly, this month’s Door Prize, donated by Vinton Dove, will be an 1847-O half dollar, whichis in very nice condition.
If you have any questions or comments about the newsletter or the club, please feel free to email
me at andreusrex@gmail.com. I’ll do my best to answer you or pass it along to someone who can.
——————————————————————————————————————-

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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
Shannon Spears
Bob Bettcher
Jerry CorazPaul Vaughn
Jim Roehrdanz(317) 852-8458

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

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 article this month is our own Joseph E. Boling’s letter to the editor of Numismatic News Express, published February 25, 2014. The letter is reprinted here with kind permission from bothJoe and Numismatic News Editor Dave Harper.

As you can see, Joe was not happy with is recent experience with US Mint products, to put it
mildly. While discussing the possibility of publishing his letter, I heard stories from many people
voicing their displeasure with the US Mint. If you have had a similar experience, or an opposite
one, tell us about it at the meeting next week.

February 24, 2014 - Minutes of the Indianapolis Coin Club Meeting.
Open – The meeting was called to order at 7:15 PM by Club President, Mike White. 33 people
signed the attendance book. As always, we met at the Northside Knights of Columbus Hall,
2100 East 71st St.
Visitors – Tom Sneed introduced himself. Shannon Spears introduced two friends, David Mason and Joe Gardner.
The Treasurer’s report and the Secretary’s report were accepted as published.
Committees – Medals Committee chairman, Vinton Dove, announced that approximately 47
medal sets have been sold, so far, and several Bronze medals have also been sold. President
White reminded the members that the #1 Set would be auctioned off tonight,
Old Business – Andy Nahrwold, Editor announced that any auction materials to be sold at ameeting would be included in the Planchet if he received the information by the 3rd Monday ofthe month. He also announced that he would be happy to receive any comments about thePlanchet, especially if they were of a constructive nature. Andy also announced that the Constitution and By-Laws would be on the website very soon.
President White announced the appointment of Shannon Spears to finish the term of Dave Reid.
He also announced the appointment of Jerry Coraz to finish the two year term of Jim Fuson,who resigned to spend more time with his grandchildren. Mike then announced that he had ICC
Business cards available for the general membership.
New Business – Kills! Joe Boling found a position #8 note at an auction, which completes hisset. The Secretary said he took several Lincoln Cents to his safe deposit box to put in his 1stcollection, only to discover that the coins already in the set were better than those he recentlyacquired. Treasurer, Mark Eberhardt, reported he saw a Proof 62 graded 1858 Flying Eagle
Cent, but it was not for sale. Steve Howery reported that he found 6 Washington silver quarters
and one Mercury dime in his pocket charge.
The Attendance Drawing (Door Prize) was presented.
The 50/50 Drawing was run by Bob Bettcher after the Break.
The Educational Program – Past President, Donn Wray gave the program titled “Evaluatingand Selling the crop. In his profession, he frequently encounters coin collections in people’s
estates, and he outlined and discussed what typically happens to the coins and gave his suggestions for collectors regarding their own collections. He did his usual fine job, and it was veryinteresting and informative.
Auction – Mark Eberhardt auctioned the #1 ICC 75 Year Medal set, which was won by theSecretary at a price of $200.00. Then Joe Boling ran the regular auction. Assisting were Bob
Bettcher, Vinton Dove, Jim Roehrdanz and Donn Wray.
The meeting was Adjourned at approximately 9:15 PM.
Respectfully submitted, Vinton Dove, SecretaryIndianapolis Coin Club
General Ledger for Feb. 2014
Receipts:
Dues – Regular @ $12.00 ea.
Dues – Juniors @ $5.00 ea.
Advertising – Planchet @ $35.00 ea.
Fifty/Fifty Drawing:
Interest – CD’s – 1 Merchant Bank:
Donations – Auction Lot Sales
ICC Library Books Sold:
Auction Lot Sheets @ $1.00:
Sales of Medals:
Silver @ $40.00 each:Bronze @ $10.00 each:Amazon.com:
Postage Collected Newsletter:

Total Receipts:$ 48.00$ 27.00$115.00$150.00$ 13.00$160.00$ 40.00$553.00

Disbursements:
Insurance – Liability:
Insurance – Treasurer’s Bond:
Computer Website:
Mail Box Retail:
Office Supplies:- New Checks:
Postage:
K of C Meeting Room Rent:
Exhibitors Night Prizes:
Newsletter:
Library Fund:Club Functions / Promotions:75th Anniv. Medals:
Youth Projects:
External Displays:$ 50.00

ISNA Table:
Total Disbursements:$ 50.00

Net Gain / Loss:$503.00

Checkbook:
Starting Balance:
Total Receipts:
Total Disbursements:
Ending Balance:$1925.23$ 553.00$ 50.00$2428.23

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Indianapolis Coin Club2014 Meeting Dates & Educational Programs
January 27, 2014 - ‘1916 Indiana Centennial Medal’ - by Jeff Bercovitz*Prize sponsor: Michael White

February 24, 2014 - ‘Evaluating and Selling the Crop: Thoughts on Numismatic Appraisals
and Tax Aspects’ - by Donn Wray
*Prize sponsor: Jeff Bercovitz

March 24, 2014 - ‘19th Century Counterfeit National Bank Notes’ - by Joseph Boling*Prize sponsor: Vinton Dove

April 28, 2014 - ‘Counterfeits and Countermeasures’ - 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.