The PlanchetOctober 2016

Issue #571

The next meeting will be
Monday, October 17, 2016
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:‘Heraldic Art Medals’
by Steve Howery
Next Months Meeting Date & Program:
Monday, November 21st, 2016, at 7 pm.
Annual State of the Hobby Address
by Mark Eberhardt
For a complete list of 2016 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, as well as prospective members who may be seeing this letter on our Indianapolis Coin Club website.
I am going to use this "Presidents Message" space to post important information for the next
few months regarding a BIG change in our meeting schedule.
As you may already know, the Indianapolis Coin Club has been holding our monthly meetings
at the 71st Street Knights of Columbus Hall just west of the intersection of 71st Street & Keystone Avenue for quite a long time now. We love the venue and our rent is "reasonable". We
have been holding our meetings on the 4th Monday of each month with the exception of December (for our Holiday Banquet) and sometimes May (due to conflicts with Memorial Day)
for all the years I have been involved with the club. In fact, I would have to ask our club historian how many years this has gone unchanged but I can assure you it has been a VERY longtime.
Due to several large events being held on the exact same night as our club meetings eachmonth we have been running into problems having enough parking for our club members tofind a spot by the time our meetings are scheduled to begin. As many of our members are seniors it creates some issues with walking a long way to and from our cars before & after themeeting. After much discussion I decided it was time the ICC Board addressed the issue.

Last month I convened an ICC Board meeting to discuss our options. Thanks to two ICC Board
members in particular making phone calls and researching our options ahead of time (Thankyou Mark Eberhardt & Jeff Bercovitz) we had our solution in a meeting that lasted only 15
minutes; the fastest ICC Board meeting I have EVER held!
Here's what we did:
Beginning with our September 2016 meeting, ALL future ICC monthly meetings will be heldon the THIRD Monday of each month from now on rather than the 4th Monday. This puts us ona schedule with less conflicting events at the venue we all enjoy and still keeps our meetings ona Monday night when there will be IMPD Security provided.
Here then are the remaining ICC monthly meeting dates for 2016:

Monday July 25th
Monday August 22nd
Monday September 19th
Monday October 17th
Monday November 21st
December - no meeting - ICC Holiday Banquet Tuesday, December 6th, 2016
Thank you everyone for allowing me to once again serve as your ICC President for 2016!

Michael WhiteSeptember 19, 2016 - Minutes of the Indianapolis Coin Club Meeting.
Open – President, Michael White, called the meeting to order at 7:00 PM. It was the firstmeeting at our new meeting date, the 3rd Monday of the month! 31 people signed in. We met
at the Knights of Columbus Hall, 2100 East 71st St.
Visitors – Sharon Bower, wife of our member and ANA Area Rep, Chris Bower, was introduced. Then Darren DeBruhl, son of our member Dennis DeBruhl was introduced. Darren
said he collects US type Dollars. The Attendance prize was announced as a 1982 George
Washington Commemorative Silver Half Dollar, donated by our Editor, Andy Nahrwold.
The Secretary’s report and the Treasurer’s report were accepted as published in the Planchet.
Committee reports – None,
Old Business – Jeff Bercovitz reported that the Indiana Bi-Centennial Medal sets should beavailable for sale in Silver and Bronze, two coins per set, in the near future. He had forms
available to order from the State, and said that the sets must be subscribed in advance of theproduction of the sets. The cost may be $300.00 per set.
New Business – The Kentucky State Coin Show, sponsored by the Kentucky State Coin Cluband the Louisville Coin Club, will be on September 24th and 25th in Louisville. The President
reminded everyone that the Indiana State Numismatic Association’s annual coin show will beheld on October 14th and 15th at the Marriott East Hotel, 21st Street and Shadeland Ave. KillReports: Anthony Meeks found a Booker T. Washington Half Dollar in cir culation. Steve Howery said his wife found a George Washington Centennial Piece, 1789-1889, in circulation. Jill Stanley found a 1957 Silver Certificate and Darren DeBruhl found a Mercury Dimein circulation
The Educational Program – Donn Wray, Jeff Bercovitz and Vinton Dove, then ran the program, Exhibitors Night. It was a great turnout, with 14 members exhibiting.
After the Break. Steve Murray won the Attendance Drawing and Dennis Smith won the 50/50Drawing.
Auction – Joe Boling ran the auction. Assisting were Bob Bettcher, Donn Wray, MichaelWhite, Jerry Coraz, Jeff Bercovitz and Vinton Dove.
The meeting was Adjourned at 8:56 PM.
Respectfully submitted,Vinton Dove, Secretary

Editor’s Note:
I recently returned from a trip to China to visit my wife’s family. I am always fascinatedby the use of money there. The hundred yuan bill is the largest they have, and it’sworth only US $15 . This often means using and carrying lots and lots of hundreds.
On the other side, the smallest denomination typically used is the 1 jiao, which is 1/10of a yuan, and worth about US 1.5 cents. There are 1 jiao, 5 jiao, and 1 yuan coins,and also bank notes, all of which are used with equal frequency. In theory there areeven smaller coins, but in practice practically everyone rounds up to the nearest 1 jiao.
My article this week is on the 1 jiao, 5 jiao, and 1 yuan coins and notes, and I will bringsamples of each to the club meeting this Monday.
Don’t forget there is no meeting in December. Instead is the annual ICC Holiday Banquet, which will be held on Tuesday, December 6.

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The 2016 Indianapolis Coin ClubOfficers and Board Members:President
Vice-President
SecretaryTreasurer
Newsletter Editor
Past President
Sgt-at-Arms
Board Member 2015-2016
Board Member 2015-2016
Board Member 2015-2016
Board Member 2016-2017
Board Member 2016-2017
Board Member 2016-2017

Michael WhiteJim Sukup
Vinton DoveMark Eberhardt
Andy Nahrwold
Jeff Bercovitz
Jim Warden
Donn Wray
Shannon Spears
Bob Bettcher
Gerald CorazPaul Vaughn
Jim RoehrdanzYour 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.

Chinese Jiao and Yuan
The 3 smallest denomination coins most commonly in circulation in China are the 1 Jiao, 5 Jiao,
and 1 Yuan. Interestingly enough, all 3 denominations also circulate in notes. The Yuan, orRenminbi (RMB), is the unit of currency there, and Jiao are equivalent to 1/10 of a Yuan. At
this time, 1 Yuan is equivalent to about 15 US cents. While I would term the coins as ordinary,
the notes are much more striking.
The obverse of all 3 coins shows a flower blossom and “People’s Bank of China” written in Pinyin (basically the English pronunciation of Chinese characters). The reverse shows the year ofmintage, the denomination in Pinyin and Chinese, and “People’s Bank of China” written in Chinese.
The obverse of all the Jiao notes show 2 portraits from ethnic minority peoples of China (thereare 55 ethnic minority groups living in China), as well as the serial number, and the denomination and “People’s Bank of China” in Chinese. The reverses all have the National Emblem of thePeople’s Republic of China, the year, and the denomination and “People’s Bank of China” inPinyin, and in minority languages (Mongolian, Tibetan, Uighur, and Zhuang) at the bottom ofthe note.
The obverse of all Yuan notes show Mao Ze Dong, 1893-1976, the National Emblem, “People’sBank of China” and the denomination in Chinese, and the serial number. The reverses show
the year, “People’s Bank of China” and the denomination in Pinyin and minority languages, anddifferent scenes from tourist attractions in China.
All Chinese banknotes can be identified by size - the larger the denomination, the larger thephysical size of the note. Additionally, they are all colored differently.
The 1 Jiao coin is made of stainless steel, weighs 3.22 g, is 19.03 mm in diameter, and has asmooth edge. The obverse depicts an orchid blossom. The 5 Jiao coin is made of brass platedsteel, weighs 3.8 g, measures 20.5 mm, and has alternating smooth and reeded segments on
its edge, while displaying a plum blossom. The 1 Yuan coin is nickel plated steel, weighs 6.1 g,25 mm, and has a plain edge with initials RMB repeated 3 times. The obverse depicts a chrysanthemum blossom.
The 1 Jiao note, and measures 114 mm by 52 mm. The obverse shows a portrait of an aborigine from Taiwan and a minority Manchu.
The 5 Jiao note is 124 mm by 58 mm. The obverse shows a portrait of 2 more Chinese minority
peoples - a Miao and a Guangxi.
The 1 Yuan note is greenish on a white background, and measures is 129 mm by 63 mm. Theobverse shows a portrait of Mao Ze Dong, as do all the rest of the Yuan denominations. Thereverse shows a scene from West Lake in Hangzhou entitled “Three Ponds Reflecting theMoon.”Lost Dutchman
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Indianapolis Coin Club2016 Meeting Dates & Educational Programs
January 25, 2016 - ‘Postal Savings Certificates’ - by Donn Wray
*Prize sponsor: Donn Wray

February 22, 2016 - ‘A Discussion on Several United States Error Coins and Some
Numismatic Potpourri ’ - by Jim Roehrdanz*Prize sponsor: Jim Roehrdanz

March 28, 2016- ‘Medals and Challenge Coins of Saint Barbara’ - by Louise Boling*Prize sponsor: Louise Boling

April 25, 2016 - ‘Wildman Coins of the German States’ - by Chris Bower*Prize sponsor: Chris Bower

May 23, 2016 - ‘World War II’ - by Lyle Pelkin*Prize sponsor: Vinton DoveJune 27, 2016 - ‘Show & Tell’ - by ICC Club Members*Prize sponsor: Bob Bettcher

July 25, 2016 - ‘Current Status of the Langbord Golden Eagle Litigation’ - by Gerald Coraz*Prize sponsor: Gerald Coraz

August 22, 2016 - ‘Throw Mama From the Train’ - by Jim Warden*Prize sponsor: Jim Warden

September 19, 2016 - I.C.C. Exhibit Night*Prize sponsor: Andy Nahrwold

October 17, 2016 - ‘Heraldic Art Medals’ - by Steve Howery*Prize sponsor: Steve Howery

November 21, 2016 - ‘Annual State of the Hobby Address’ -by Mark Eberhardt*Prize sponsor: Mark Eberhardt

Tuesday, December 6, 2016 – NO MEETING - I.C.C. Holiday Banquet*For 2016 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.