T he P lanchet- I . C. C. APRI L, 2020

Issue# 609

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 Hopefully Soon, 2020
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 6:00pm, meeting will begin at 7:00pm.
1Issue# 609

APRI L, 2020

A Few Words From Your Pr esident
by Sharon Bower
Hello again my fellow members. I hope that everyone is getting through the winterwell. Being stuck inside can be frustrating sometimes. But it also provides you withsome down time to surf the web in search of nice coins to add to your collections. Our
meeting was supposed to be April 20, 2020, which coincided with National Coin Week.
Wom en in Nu m ism at ics
The nineteenth amendment to the United States Constitution was passed on June 4,
1919 and ratified on August 18, 1920. Thus 2020 marks the 100th anniversary ofgranting women the right to vote in the United States. The American Numismatic
Association is recognizing the centennial with their theme for National Coin WeekApril 19 to 25, 2020, ?Remarkable Women: Catalyst for Change.? Several historical
women have been depicted on United States money including President Washington?swife, Martha, on $1 notes issued in the 1880s and 1890s; suffragette Susan B.
Anthony on $1 denomination coins from 1979 to 1981; and native American IndianSacagawea, who assisted the 1804-1806 Lewis and Clark Expedition, on golden dollar
coins since 2000.
Rem ar k able Wom en : Cat alyst s of Ch an ge
At the 2019 ANA show in Chicago, I had the opportunity to meet two remarkable
women. One was a dealer, Mrs. Shanna Schmidt (I briefly spoke about her in March?snewsletter) and the other was Ms. Beth Deisher. For the entire show I sat across fromMs. Beth Deisher and never knew who she was. It wasn?t until the last day of the showthat I approached and spoke to her. Ms. Deisher was sitting at the Anti-Counterfeiting
Educational Foundation Booth.
I introduced myself and explained to her that I was not the coin collector, but myhusband Chris was. I told her that I do his research. Ms. Deisher took the time toeducate me on foreign money. She had some US coins with her that she used as
talking points. The coins were counterfeit. Ms. Deisher took the time to explain thedifferences in the coins and educate me on how some countries are making
counterfeit US coins.
While writing this I found a video from January 2020 from the National Silver Dollar
Round table awarding Ms. Deisher Woman of the Year for 2020. I feel very fortunateto have met these important women of numismatics and I hope to draw someinspiration from them and their accomplishments.

2Issue# 609

APRI L 2020

Edit or 's Not e:

I want to thank everyone who chose to participate in our writing program. I truly think it will make
The Planchet a better publication. Of the 10 people who volunteered I have already received
articles from 2 members. John Galloway was the first person to respond and his article is included inthis issue.
There is no due date for your articles but I would like them before the end of the year.
Here is the full list of members who volunteered.
Vinton DovePaul Griffin
Jim Sukup
Louise Boling
Don Wray
Greg Gordon - Submitted - Printed 3/2020
Sharon Bower
Osman Gurtunca
John Alexandar
John Galloway - Submitted - Printed 2/2020

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

3Issue# 609

APRI L, 2020

Have We For got t en Ou r Dim es
By: Mark Benvenuto

We have been a nation that has gotten by for decades with only four denominations of coinin our everyday life, if we really stop and think of it.Yes, we do have half dollars ? which most of us
never see in any daily transaction. We also have ?golden? dollar coins of all sorts and designs,
containing no gold ? which we actually have to hunt down at banks, or change-dispensing machines,
if we?d like to see them. When it comes to coins we see in change however, we have cents, nickels,dimes, and quarters ? that?s it. And when it comes to this quartet of workhorse coins, we havechanged the reverse of our cent, changed our nickels several times, and change our quarters about
as often one might imagine. But our dimes? Well, perhaps they are too small a coin, but we haven?tdone a thing with them for longer than most of us collectors have been alive. That?s a bit sad
actually, since the series does have a lot to offer.

Back to 1965
The Roosevelt dimes have served us well for the twenty years of this century, and for morethan half of the twentieth. Going backwards, from today back to 1965, there has not been a shred ofsilver in any of those made for circulation. But there have also been proofs issued for all those years(okay, ?special Mint sets? from 1965 ? 1967, which isn?t much different). From today back to 1992 wecan also get those proofs as silver coins, usually as part of a proof set, although on the secondary
market there are plenty of proof singles which have been broken out of sets.
Perhaps the most interesting point relating to Roosevelt dimes made from 1965 to today isthat even the proofs are cheap. Compared to the quarters, especially those made of silver, theRoosevelts are a bargain. Honestly, even the 1992-S in silver lists for only $5 in a grade such as
PF-67. A person could go a long way to assembling what we might call the modern proof Roosevelts
for a very small outlay.
4Issue# 609

APRI L, 2020

1946 to 1964
If the Roosevelt dimes from 1965 to the present are the modern chunk of this series, thenthe 1946 to 1964 years probably qualify as the classics. Some of us have forgotten that this design
was born as a way to honor the man who led us through almost all of the Second World War, a man
who had to keep the ego of one ally in check, Churchill, while trying to rein in another ally probably
second only to Adolf Hitler in terms of ruthlessness and cruelty, Joseph Stalin. And he did it while
being confined to a wheelchair.

Roosevelt contracted polio as a young adult, and never walked afterwards. But he had thedrive to win the presidency and unprecedented four times, although the last term ? specifically thestresses of it ? really did kill him. It was felt that a coin needed to be produced to honor him. It wasalso felt that an organization needed to exist to combat the disease that put him in a chair ? theMarch of Dimes. And while in 1958 the March of Dimes would switch its focus from Roosevelt?s polio
to birth defects in newborns, the Roosevelt design on our dime continued its own march.

5Issue# 609

APRI L, 2020

All the dimes made from 1946 ? 1964 are of the same silver
fineness that U.S. silver coins had possessed for decades.
Yet once again, these dimes are inexpensive today. There
are proofs going back as far as 1950, but even many ofthese can still be found in a grade like PF-65 for $10,
possibly even less.In high grades, the rarest of these early
proofs would be the 1950 and 1951. Yet even these twodates can probably be had for less than $50 per coin.
Another fun, short set of Roosevelt dimes that can beassembled from this time frame are the ?S?coins. Some ofus may remember when we could hunt through pocketchange for circulating coins with the San Francisco Mint
mark. From 1946 up to 1955 there is a string of dimes thatbear the ?S?. And for a third time, they too are not very
expensive. They were circulating coins (the San Francisco
Mint did not make the proofs back then), but even now
examples in a grade such as MS-65 costs no more thanabout $20.The 1949-S and 1950-S are the only two exceptions to that, as high end specimens ofthese two dates are apparently hard to find. But even here, a lower grade of mint state will probably
bring us into that $20 purchasing zone.
Mercury dimes?
When it comes to dimes, and to being forgotten, well, the Mercury dimes never fall into thatcategory. Perhaps it is the 1916-D rarity right up at the front end of the series. Perhaps it is simply
the classic design ? one that was recently re-used on one of our bullion coins. Whatever the reason
though, the Mercury ten-cent pieces remain a coin in the spotlight, pretty much eclipsing anythingwith Roosevelt?s face on it.
Back to Mr. Roosevelt
This lack of recognition might make the Roosevelt dimes something of a Rodney Dangerfieldamong our modern coins, meaning they ?don?t get no respect,? as Rodney so often said. But that
also means we have a series that covers 74 years, and that shows no signs of any sort of change,upgrade, or alteration in the near future. The prices remain very low. The prices for proofs remainamazingly low. And the opportunity for us to put together some gorgeous looking collections has
never been better. Any takers?

Images courtesy of:
PCGS - Coinfacts
Wikipedia

6Issue# 609

APRI L, 2020

In dian apolis Coin Clu b
2019 M eet in g Dat es & Edu cat ion al Pr ogr am sJanuary 20, 2020 - ?Masonic Tokens?- by Gary Selig* Prize sponsor: Joe Boling
February 17, 2020 - ?Barber Quarters? - by Jim Roehrdanz & Jerry Coraz* Prize sponsor: Jim Roehrdanz & Jerry CorazMarch 16, 2020 - Meeting canceled due to COVID-19* Prize sponsor: N/AApril 20, 2020 - Meeting canceled due to COVID-19* Prize sponsor: N/A
May 18, 2020 - 'T. B. A.' by Donn Wray
* Prize sponsor: T. B. A.
June 15, 2020 - 'T. B. A.' by Jeffery Paunicka* Prize sponsor: T. B. A.
July 20, 2020 - 'Lincoln Cent Varieties' by Jim Brown* Prize sponsor: T. B. A.
August 17, 2020 - 'T. B. A.' by Matt Dinger* Prize sponsor: T. B. A.
September 21, 2020 - Exhibit Night* Prize sponsor: I. C. C.
October 19, 2020 -T. B. A. - 'T. B. A.' by Andy Nahrwold* Prize sponsor: T. B. A.
November 16, 2020 - ?Annual State of the Hobby Address?-by Mark Eberhardt* Prize sponsor: I.C.C.
Tuesday, December 1, 2020 ? NO MEETING - I.C.C. Holiday Banquet* For 2020 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.

7Issue# 609

APRI L, 2020

Tr easu r er ?s Repor t 2020
RECEIPTS:
Dues - Regular @ $20.00 ea.
Dues - Junior @ $5.00 ea.
Advertising - Planchet @ $35.00 ea.
Fifty/Fifty Drawing:2020 Bu dget
$1500.00$25.00$175.00$400.00

Donations / Auction Lot Sales:
ICC Library Book Sold (est):
Not available at the time of publication.
Auction Lots Sheets @ $1.00 per Sheet:$110.00
Newsletter Postage Fee:
Sale of Medals
TOTAL RECEIPTS:$2210.00
2020 Bu dgetDISBURSEMENTS:
Dues - ANA:
Insurance - Liability:
Insurance - Treasurer 's Bond:
Mail Box Rental:
Secretary/Treasurer - Postage:
K of C Meeting Room Rent:
Door Prizes (11 Months)
Exhibitors Nights Prizes:
Library Purchases:
Speaker Meals:$300.00$100.00$1100.00$25.00$250.00$55.00Website Maintenance:
Newsletter:- Printing/Supplies:- Postage:$200.00

TOTAL DISBURSEMENTS:$2130.00

NET INFLOW / OUTFLOW:$80.00ICC CHECKBOOK:
Balance:2020 Bu dget
$3827.44

8

Issue# 609

APRI L, 2020

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 2019 In dian apolis Coin Clu b
Of f icer s an d Boar d M em ber s:
President
Sharon Bower
Vice-President
Andy Nahrwold
Secretary
Gary Selig
Treasurer
Gerald Coraz
Newsletter Editor
Christopher Bower
Past President
Jim Sukup
Sgt-at-Arms
Jim Warden
Board Member 2020-2021
Vinton DoveBoard Member 2020-2021
Paul Vaughn
Board Member 2020-2021
Jim Roehrdanz
Board Member 2019-2020
Donn Wray
Board Member 2019-2020
Jeff Bercovitz
Board Member 2019-2020
Steve Howery

9Issue# 609

APRI L, 2020

Specialist in World Coins

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.

10Issue# 609

APRI L, 2020

Lost Dutchman
Rare Coins
4983 N Franklin Rd. Indianapolis, IN(317) 545-7650
Your Local Full Service Coin Shop Since 1985

Specializing in Rare U.S. & World Coins.
Thinking of selling? WE PAY MORE!
Buying & Selling
US & World Coins, US Paper Money
Key Date Coins, Graded Coins, Complete Sets
Gold and Silver In All Forms
Military Collectibles

VISIT OUR WEBSITE TODAY!

http://www.LDRCoins.com11