T he P lanchet- I . C. C. MAY 2021

Issue# 621

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 ay 17th, 2021
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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Issue# 621

COVID-19 In f or m at ion

Th e Boar d M em ber s of t h e In dian apolis Coin Clu b h ave been m on it or in g t h e
Covid-19 r epor t s closely.

Here are the restrictions for the Northside Event Center:- No events of more than 50 people- All patrons are required (by Marion County) to wear a mask other than when seatedat a Dining Room table- Guests wear a mask when entering/exiting/using the restroom/etc.
All at t en dees M UST w ear a m ask or f ace cover in g w h ile in side t h e Nor t h side
Even t Cen t er alw ays (n o except ion s an d br in g you r ow n ). If you ar e u n able t ow ear a m ask f or m edical r eason s, please st ay h om e. ALL m ask s M UST be
pr oper ly w or n .
At t en dees w ill sit pr oper ly dist an ced f r om each ot h er . Cou ples/ f am ilies m ay
sit t oget h er , bu t each gr ou p m u st be dist an ced (w e w ill r em ove ch air s t o en su r e
dist an ce).
YNs can cer t ain ly at t en d t h e m eet in g w it h t h eir par en t s.
We w ill h ave an edu cat ion pr ogr am .
We w ill h ave a h ave an au ct ion , w it h ext r a t ables t o spr ead t h in gs ou t an dpeople can look at t h e it em s w ell-spaced apar t .

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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:
May 17th, 2021
Meeting start time: 7:00 PM" The Civil War: Coins, tokens, currency and surprises?"Presented By: Harvey Warner3

Issue# 621

MAY, 2021A Few Words From Your Pr esident
by Sharon Bower
It is finally May, and the weather is warming up. May in Indianapolis is time for theIndianapolis 500. The roar of engines returns to the Indianapolis Motor Speedway as
athletes of the NTT INDYCAR SERIES prepare for the 105th Running of theIndianapolis 500 presented by Gainbridge. Enjoy the sights and sounds of May at theBrickyard while seeing your favorite drivers push their cars to the limit at speeds over
220 mph.
Here are some fun facts about the Indiana Quarter:
Issued in 2002
Coin Description:Reverse: Shows a racecar atop an outline of the state, and 19 stars which signifies thatthe state was the 19th admitted into the Union.
Obverse: Features the familiar image of George Washington.
The Story:The nineteenth state quarter belongs to, of course, the nineteenth state to join theUnion, and features nineteen stars for just that reason. Along with the stars and anoutline of the state of Indiana, a race car is also part of the design because theworld-famous Indianapolis 500 is raced there.
The race takes place at the Indianapolis Motor Speedway, which was built in 1909 totest cars. Car makers still use the Speedway to test cars, but it is most famous for theraces, which have been held there since 1911 every year except during the two worldwars.
Indiana citizens voted on their favorite designs and Governor O?Bannon picked?Crossroads of America? from the top four designs that the Mint prepared.
Indiana Facts
Nickname: The Hoosier State
Capital: Indianapolis
Statehood: December 11, 1816

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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.

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# 620

APRI L, 2021

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May 2021 Auction Lotsfor 5/17/2021
DescriptionGradeAdditional Notes

Starting Price

1949 S Franklin Half

$35.001951 S Franklin Half

$20.001952 S Frankling Half

$35.001953 S Franklin Half

$20.001961 Washington Quarter$9.00

2014 Silver Proof Set$44.002015 Silver Proof Set$38.001952 Roosevelt Dime

MS66

$18.001952 Mint Set$195.00

1953 Proof Set$175.00

1941-58 Lincoln Album$15.002011 Mint Set$18.002013 Proof Set$25.002014 Proof Set$25.001982 S Roosevelt Dime

PCGS PF69

DCAM

$9.00

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.

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For t Kn ox Bu llion Deposit or y
Submitted by Sharon Bower

The United States Bullion Depository at Fort Knox, Kentucky is not a production
facility ? it stores precious metal bullion reserves for the United States.
No visitors are permitted in the facility.
The first coins to celebrate the Wright Brothers came from the very popular US
State Quarters program with North Carolina, in 2001, and then Ohio, in 2002,
featuring the two brothers?flights. For North Carolina, the mint created over a billioncoins from the Philadelphia and Denver mints. For Ohio, the mintage was around 660
million.

For t Kn ox Fact s--

Amount of present gold holdings: 147.3 million ounces. About half of theTreasury?s stored gold (as well as valuables of other federal agencies) is kept atFort Knox.
Highest historic gold holdings: 649.6 million ounces (December 31, 1941).
The only gold removed has been very small quantities used to test the purity of9Issue# 621

MAY, 2021-gold during regularly scheduled audits. Except for these samples, no gold hasbeen transferred to or from the Depository for many years.
The gold is held as an asset of the United States at book value of $42.22 perounce.
Size of a standard gold bar: 7 inches x 3 and 5/8 inches x 1 and 3/4 inches.
Weight of a standard gold bar: approximately 400 ounces or 27.5 pounds.
The actual structure and content of the facility is known by only a few, and noone person knows all the procedures to open the vault.
The first gold arrived at Fort Knox in 1937? by U.S. Mail! View photos of theshipment on the History of the U.S. Mint page.

This graphic shows the amount of gold reserves held at Fort Knox, West Point, andDenver. Numbers are from the Bureau of Fiscal Service.

Hist or y of t h e For t Kn ox Bu llion Deposit or y
The time-line below includes this facility?s important moments. Learn more about
where the Fort Knox Bullion Depository fits in the Mint?s story, at History of the U.S.
Mint.

1935: Lan d t r an sf er r ed f or a deposit or yAu gu st - Congress authorizes the transfer of land in Fort Knox, Kentucky from themilitary to the Treasury. The Act designates the land for use as a depository to store
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the country's precious metal bullion reserves.

1936: Bu ildin g con st r u ct ion com plet e
Decem ber - Construction of the bullion depository is complete.
The building needs 16,000 cubic feet of granite; 4,200 cubic yards of concrete; 750
tons of reinforcing steel; and 670 tons of structural steel. The cost of construction is$560,000.

1937: Fir st sh ipm en t of gold
Jan u ar y 13 - Fort Knox receives its first shipment of gold from the Philadelphia Mintand New York Assay Office.

1942: For t Kn ox pr ot ect s f ou n din g docu m en t sFort Knox stores the Declaration of Independence, Constitution, and Bill of Rights
during World War II to protect them from danger. In 1944 the documents arereturned to Washington, DC.
Fort Knox has stored valuable items for other government agencies, including theMagna Carta, and the crown, sword, scepter, orb, and cape of St. Stephen, King of
Hungary before being returned to Hungary in 1978.

1974: Vau lt s open t o jou r n alist s
Sept em ber 23 - Fort Knox breaks from its strict no-visitors policy to allow a group ofjournalists and aCongressional delegationinto the vaults to view the gold reserves.
The Treasury Secretary allows the visit when rumors persist that all the gold had been
removed from the vaults.
Previously, President Franklin D. Roosevelt was the only person other than authorized
personnel to access the vaults.

2017: Vau lt s open f or secon d h ist or ic visit
Au gu st 24 - Treasury Secretary Steve Mnuchin, Kentucky Governor Matt Bevin, andCongressional representatives visit the vaults. The vaults open to non-authorized
personnel for the first time since 1974.
Retrieved from https://www.usmint.gov/about/mint-tours-facilities/fort-knox.

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April 13, 2021 - Minutes of the Indianapolis Coin Club Meeting
Open - The meeting was called to order at 7:06 p.m. The meeting was held at theKnights of Columbus Hall, 2100 E. 71st., Indianapolis, Indiana. The at t en dan ce pr ize
was announced, a 1965 Kennedy Half Dollar (SP 66) donated by Jim Sukup.
The Secr et ar y 's r epor t for January/February 2021 was accepted as published in thePlanchet.
The Tr easu r er 's r epor t for January/February was accepted as published in thePlanchet.
Visit or s - None.
Repor t s of Com m it t ees ? None.
Old Bu sin ess ? None.

n ot su bm itthat
t edforin thoset im e interested
f or pu blication .
New Bu sin essRepor- It wast announced
in listening
to a free
podcast about coins that the web address to access the Newman Numismatic portal
is nnp.wstl.edu
Nu m ism at ic f in ds: Joe Boling had an example of a labor union controlled bank note
containing the longest title ?Brotherhood Locomotive Engineers Co-Operative
National Bank?. Also, another club member presented an example of a pattern coinfrom Guinea Equatorial.
Edu cat ion Pr ogr am : This month Jim Sukup presented on the topic of the 20 centpiece and the name of his talk is Four and Out: The Short -Lived 20 Cent piece. Jim
had a handout containing among other things information about the mintages for the1875-P, 1875-CC, 1875-S, 1876 and 1876-CC.
The At t en dan ce Dr aw in g was won by St eve How er y; the 50/50 Drawing was won by
Joe Bolin g. Auction ?
The au ct ion was held with help by several members. There were 8 auction sheetswith income of $8 for the club.
The meeting was Adjou r n ed.
Respectfully submitted,
Gary M. Selig, Secretarygselig14@gmail.com

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In dian apolis Coin Clu b
2021 M eet in g Dat es & Edu cat ion al Pr ogr am sJanuary 18, 2021 - ?Counterfeit Notes made to Deceive Collectors?- by Joe Boling* Prize sponsor: Joe Boling
February 15, 2021 - Joe Boling via Zoom (meeting snowed out)
* Prize sponsor: N/AMarch 15, 2021 - The Short-Lived 20 Cent Piece - by Jim Sukup* Prize sponsor: Jim Sukup
April 19, 2021 - '2 and 3 Cent Pieces? - by Kurt Miller* Prize sponsor: Kurt Miller
May 17, 2021 - 'The Civil War: Coins, tokens, currency and surprises? - by Harvey Warner* Prize sponsor: T.B.A
June 21, 2021 - 'The Hudson-Fulton Celebration? - by Christopher Bower* Prize sponsor: Christopher Bower
July 19, 2021 - 'T.B.A? - by T.B.A.
* Prize sponsor: T.B.A
August 16, 2021 - 'T.B.A? - by T.B.A.
* Prize sponsor: T.B.A
September 20, 2021 - Exhibit Night* Prize sponsor: I. C. C.
October 18, 2021 -'T.B.A? - by T.B.A.
* Prize sponsor: T.B.A
November 15, 2021 - ?Annual State of the Hobby Address?-by Mark Eberhardt* Prize sponsor: I.C.C.
Tuesday, December 7, 2021 ? NO MEETING - I.C.C. Holiday Banquet* For 2021 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 eau r er 's Repor t f or M ay 2021:

The treasurer 's report is as follows: the club has $25,975.52 in its checking account. The only
payment made this month was the room rental to the North Side Social Club for $100 for ourMay, 2021 meeting.
$3827.44

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 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
Gary Selig
Treasurer
Gerald Coraz
Newsletter Editor
Christopher Bower
Past President
Jim Sukup
Sgt-at-Arms
Jim Warden
Board Member 2021-2022
Vinton DoveBoard Member 2021-2022
Andy Nahrwold
Board Member 2021-2022
Jim Roehrdanz
Board Member 2020-2021
Louise Boling
Board Member 2020-2021
Jeff Bercovitz
Board Member 2020-2021
Steve Howery

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

Specialist in World Coins

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

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Issue# 621

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Lost Dutchman
Rare Coins
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Your Local Full Service Coin Shop Since 1985

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