The Planchet

March 2017

Issue #575

The next meeting will beMonday, March 20, 2017
Meetings of the Indianapolis Coin Club are now held
the third 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:

Large Cents
by Sam Shafer
Next Months Meeting Date & Program:
Monday, April 17th, 2017, at 6 pm.
Easter Numismatics: Maundy Coinage
by Donn Wray
For a complete list of 2017 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
As a reminder, especially for those that were not able to attend our February meeting and those membersthat may have not attended for some time, our March meeting is very important because we will vote on anamendment to our constitution. This amendment would change our stated meeting date from the fourthMonday of the month to the third Monday of the month. The ICC Board of Directors approved this change ata board meeting last month, so it will go to a vote of members present on Monday, March 20. It will be enacted only by approval of three-fourths of the members who cast ballots. Although the following material
was printed in last month's newsletter, it is presented here again for the benefit of those that might havemissed it or were not aware of it altogether.
Article I, Section I of our Bylaws is currently written as follows, with the proposed wording to be changed inunderlined red:
ARTICLE I: MEETINGSSECTION 1: The club shall meet at least once per month, convening on the fourth Monday at a place designated by the Board of Directors, except during December. Should a meeting place not be available on thefourth Monday, the president or the Board of Directors shall make other meeting arrangements, if possible.
It is proposed that Article I, Section 1 be amended as follows, with the proposed change in underlined red:
ARTICLE I: MEETINGSSECTION 1: The club shall meet at least once per month, convening on the third Monday at a place designated by the Board of Directors, except during December. Should a meeting place not be available on the third
Monday, the president or the Board of Directors shall make other meeting arrangements, if possible.
Our meetings so far this year have generally been well attended and I hope that we can expand upon ourmembership. I am in the process of producing new flyers that promote and give basic information about theclub. Hopefully they will be available next month so club members are able to take them to coin shops
around town and ask the owners if we could leave flyers that interested potential members might pick up.
There are certainly more collectors in the greater Indianapolis area that would be interested in attending
and joining the club.
There is an ongoing problem at our meetings that I feel needs to be addressed. PLEASE refrain from talking
during our educational program. As an organization whose purpose is educational, the main reason for ourmeetings is the educational talk and the information that we share with each other at every monthly
meeting. All of our speakers are volunteers, and we owe it to each speaker the respect that he or she deserves for taking the time and effort to give the talk each month. This goes for the entire meeting as well as
when someone is speaking, asking questions, or during our auctions. If you feel you must carry on a conversation, please avoid disrupting any portion of the meeting by leaving the room. It is not too much to ask that
we all respect our speakers, auctioneers, and those that carry out the business portion of our meetings.
I look forward to seeing you at this month's meeting. Try to bring a fellow collector, and happy collecting!

Jim Sukup

Editor’s Note
As some of you may have heard, ICC friend Jerry Lebo passed away last month. Jim Warden
shared the news with us, stating:I learned just yesterday that our friend Jerry Lebo passed away last month. He was agracious mentor of mine when I joined the ICC nearly 40 years ago; preceded me as sergeant-at-arms (among many more important offices he held); and persuaded me to seekthat office many years ago. He was a fine numismatist and more importantly a finefriend. May he rest in peace.
JimIn recent years, Jerry had given ICC educational presentations as part of the speaker exchange program we had with the Logansport Coin Club. He will be missed.

Andy Nahrwold, Editor$$$$ “ALWAYS BUYING” $$$$PAYING TOP PRICES FOR ALL
U.S. COINS
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LARRY HYLTONBROWNSBURG, IN
ANA, ISNA-LM, CSNS-LM(317) 852-8458

VINTON DOVE
Business Consultant
Collecting U.S. Coins Since 1952
Home (317) 257-1906
Cell (317) 910-4205

The 2016 Indianapolis Coin ClubOfficers and Board Members:President
Vice-President
SecretaryTreasurerNewsletter Editor
Past President
Sgt-at-Arms
Board Member 2016-2017
Board Member 2016-2017
Board Member 2016-2017
Board Member 2017-2018
Board Member 2017-2018
Board Member 2017-2018

Jim Sukup
Steve HoweryVinton DoveMark Eberhardt
Andy Nahrwold
Michael White
Jim Warden
Gerald CorazPaul Vaughn
Jim Roehrdanz
Donn Wray
Jeff Bercovitz
Bob BettcherYour ad could be right here!

Advertise in the Indianapolis CoinClub Newsletter! The cost is only
$35.00 for a business card size adfor 12 issues!
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.

February 20, 2017 - Minutes of the Indianapolis Coin Club Meeting.
Open – President, Jim Sukup, called the meeting to order at 7:00 PM. 34 people signed in. We met atthe Knights of Columbus Hall, 2100 East 71st Street. The Attendance prize was announced as a
1929-D Walking Liberty Half Dollar, donated by Joe Boling.
The Secretary’s report and Treasurer’s report were accepted as published in the Planchet.
Visitors – Our visitor was Jerry Casworth.
Committee reports – Pr esident Sukup officially announced that the Member ship Committee
Chairman is Steve Howery, and asked that anyone wanting to be on the committee see Steve.
Old Business – The Treasurer, Mark Eberhardt, announced that he found a 1% annual interest rate on a
13 month CD, so he and the Secretary went to the bank and purchased a $15,000 CD. Joe Boling reported that the US Mint opened the sale of the remaining 2016 Gold Mercury Dimes, and he purchased
one. The price was slightly lower than the original selling price. No one else at the meeting was able
to take advantage of this opportunity.
New Business – Jim reported that the Board met earlier in the evening and passed a resolution toamend Article 1, Section 1, of the Bylaws which would make our official meeting date the third Monday of each month, except December. He said the proposed change would be listed in the Planchet forMarch, and the membership would vote on the change at the March meeting. Jim then announced thatthe list of speakers for 2017 was filled, and he requested that if the topic is still listed as TBA in thePlanchet, that each of our speakers notify Steve Howery what their topic would be. On February 15thPresident Sukup and our ANA representative, Chris Bower gave a presentation to a group of 5th Gradestudents at Allisonville Elementary School. They talked about collecting coins, and handed out a“Restrike Coin” from the ANA to each student. Nick Conner and his father, Gary, put on a class forboys, approximate ages 9 to twelve, in a local church. Kill Reports – Our Editor, Andy, found a 1909
VDB cent in a roll of cents. When he showed it off to Mark, Mark discovered that it was actually a1909-S VDB!!! (What a find!) Chris Bower purchased a 1691 German Thaler graded AU-50. SteveHowery found 10 40% silver Kennedy halves in circulation. Joe Boling purchased a “Japanese invasion money” note which was made and shipped to the Philippines, which had the wrong color blockand serial numbers. Normally red, the block number changed to brown and the serial number to green– caused by something it was exposed to in circulation. Our visitor, Jerry Casworth, has a friend whofound several coins, including a two cent piece and a 1916-D dime in the dirt (!) in Oklahoma! Dennis
Smith is selling his stamp collection. Interested? Contact Dennis.
The Educational Program – The educational program for the evening was “How Counterfeiters
Evade Security Features of Paper Money” by Joe Boling. Joe had a projector and showed many examples of counterfeits, and explained in great detail how watermarks and other features had been formed
in attempts to imitate real money. As is his usual custom, Joe gave a highly detailed and informative
presentation
After the Break, the Attendance Drawing and the 50/50 Drawing were held.
Auction – Joe Boling ran the auction. Assisting were Bob Bettcher, Donn Wray, Steve Howery andVinton Dove.
The meeting was Adjourned at 8:59 PM. Respectfully submitted, Vinton Dove, Secretary

Treasurer’s Report
2017
Jan.

RECEIPTS:
Dues - Regular @ $20.00 ea.
Dues - Junior @ $5.00 ea.
Advertising - Planchet @ $35.00 ea.
Fifty/Fifty Drawing:
Donations / Auction Lot Sales:
ICC Library Book Sold (est):

$$
$
$
$

860.00
5.00
70.00
46.00
22.00

Auction Lots Sheets @ $1.00 per
Amazon.com
Newsletter Postage Fee:

$14.00$

6.00TOTAL RECEIPTS:$1,023.00

Feb.
$

240.00$46.00

$

22.50

$

8.00

$

316.50Jan.

DISBURSEMENTS:

Feb.

Dues - ANA:
Insurance - Liability:
Insurance - Treasurer's Bond:
Mail Box Rental:
Secritary/Treasurer Office Supplies:- Postage:
K of C Meeting Room Rent:
Exhibitors Nights Prizes:
Library Purchases:
Website MaintenanceNewsletter:- Printing/Supplies:- Postage:$

100.00$100.00

TOTAL DISBURSEMENTS:$100.00$

100.00NET INFLOW / OUTFLOW:$923.00$

216.50ICC CHECKBOOK:
Starting Balance:
CD's Mature:
Cash/Checks in:
Checks Out:

$
$
$
$

Jan.
17,648.98
1,023.00
100.00Ending Balance:$18,571.98 $3,788.48

Net Gain or Loss for the Month:$923.00

216.50Feb.
$ 18,571.98$ (15,000.00)$316.50$
100.00$Is your Mama a llama?

When my daughter was little a book that she was always asking me to read was“Is Your Mama a Llama”. This coin brings back those memories. Of course it wasminted way before those days.
It features 2 llamas relaxing under a tree on the obverse. This silver coin had aface value of 8 Soles.
At the time of minting the Bolivian president was José Ballivián. He was the 11th
president of Bolivia and served from 1841 to 1847. Prior to this he was one of
the greatest military leaders of the country.
The llama is the national animal of Bolivia is a common symbol on their coinage.
As of 2007, there were over seven million llamas and alpacas in South America,and due to importation from South America in the late 20th century, there are
now over 158,000 llamas in the United States and Canada.
By Chris Bower
Reprinted with permission

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Indianapolis Coin Club2017 Meeting Dates & Educational Programs
January 16, 2017 - ‘Indiana’s 2016 Bicentennial Celebration’ - by Jeff Bercovitz*Prize sponsor: Jeff Bercovitz

February 20, 2017 - ‘How Counterfeiters Evade Security Features of Paper Money ’- by Joseph E. Boling*Prize sponsor: Joseph E. Boling

March 20, 2017 - ‘Large Cents’ - by Sam Shafer*Prize sponsor: Sam Shafer

April 17, 2017 - ‘Easter Numismatics: Maundy Coinage’ - by Donn Wray
*Prize sponsor: Donn Wray

May 15, 2017 - ‘TBA’ - by Jim Roehrdanz*Prize sponsor: Jim Roehrdanz

June 19, 2017 - ‘TBA’ - by Michael White*Prize sponsor: Michael White

July 17, 2017 - ‘TBA’ - by Paul Vaughn*Prize sponsor: Paul Vaughn

August 21, 2017 - ‘TBA’ - by Andy Nahrwold*Prize sponsor: Andy Nahrwold

September 18, 2017 - I.C.C. Exhibit Night*Prize sponsor: TBA

October 16, 2017 - ‘1776’ - by Chris Bower*Prize sponsor: Chris Bower

November 20, 2017 - ‘Annual State of the Hobby Address’ -by Mark Eberhardt*Prize sponsor: Mark Eberhardt

Tuesday, December 5, 2017 – NO MEETING - I.C.C. Holiday Banquet*For 2017 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 shared withus 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.