T he P lanchet- I . C. C. AUGUST, 2020

Issue# 613

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 August 17th, 2020
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 6:00pm, meeting will begin at 7:00pm.
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AUGUST, 2020

A Few Words From Your Pr esident
by Sharon Bower
Hi everyone,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. We det er m in ed t h at t h e best cou r se of act ion , t o en su r e t h e h ealt h an d w elln ess oft h e m em ber s of t h e Coin Clu b, w as t o can cel ALL m em ber act ivit ies in Apr il,M ay, Ju n e, an d
Ju ly. As w e n ear t h e en d of t h is per iod, w e w ill r eassess t h e st at u s of con t in u in g r egu larm eet in gs.

Hard to believe that it is August already here, where has this year gone. We will be abiding by social
distancing recommendations and wearing masks. For everyone?s safety, masks will be mandatory,
except for eating of course.
Here are the restrictions for the Northside Event Center:- No events of more than 50 people (this will be strictly enforced)- All patrons are required (by Marion County) to wear a mask other than when seated at 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 o w ear a m ask f or m edicalr eason s, please st ay h om e. ALL m ask s M UST be pr oper ly w or n .
Food or bever age w ill be ser ved in t o go con t ain er s.
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 d people can lookat t h e it em s w ell-spaced apar t .
On August 26th, we celebrate the 100th Anniversary of the passage of the 19th Amendment to theConstitution which guarantees women the right to vote. The US Mint has an article Women?s
Suffrage Celebrated Through Coins and Medals,https://www.usmint.gov/news/inside-the-mint/
womens-suffrage-celebrated-through-coins-and-medals.
We will attempt to stream live on ZOOM. This in-person meeting is a test for future meetings. I hope
to see you there.
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AUGUST, 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 4 members.

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 - Submitted - Printed 8/2020
Louise Boling - Submitted - Printed 5/2020
Don Wray - Submitted - Printed 7/2020
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

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AUGUST, 2020

Bu f f alo or In dian Head Nickels
By: Jim Sukup

Most nickels produced from 1913 to 1938 are commonly referred to as Buffalo nickels
but are also known as Indian Head nickels. There was a bit of overlap on both the front- andtail-end of Buffalo nickel production with that of Liberty Head and Jefferson nickels. Only five
known specimens of the famous 1913 Liberty Head nickel were coined (possibly illegally) thatyear, while there were nearly a combined 25 million Jefferson nickels minted from thePhiladelphia, Denver, and San Francisco mints in 1938. So, Buffalo nickels shared their firstand last years with nickels of other designs.
Buffalo nickels were minted with a weight of 5 grams, a composition of 75% copperand 25% nickel, a diameter of 21.2 mm, and a plain edge, the same as the Liberty Headnickels and Shield nickels did before them, and the same as today's Jefferson nickels. (Anexception was Jefferson nickels struck from 1942-45 that included silver, manganese, copperand no nickel.) Buffalo nickels were coined at the Philadelphia, Denver, and San Francisco
mints. Mint marks for Denver and San Francisco are found below the words "FIVE CENTS" on
the reverse.
James Earl Frasier designed the Buffalo nickel, with the portrait of a Native Americanon the obverse and a North American bison, commonly called a buffalo, on the reverse. Three
Native Americans posed for the obverse portrait, those being Iron Tail, Two Moons, and Chief
Big Tree, with the final product being a composite of the three. Black Diamond, a bison fromthe Central Park Zoological Center in New York, was used for the reverse image.

There was trouble right off the bat in 1913 when it was found that the above
mentioned "FIVE CENTS," which was placed on a mound on which the buffalo was standing,would wear down quickly in circulation, known as Variety 1. Most of the mound was removed
and the words were placed below the mound to better withstand the demands of circulation,and those are known as Variety 2.
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AUGUST, 2020

Proof Buffalo nickels were produced from 1913 to 1916 as Matte Proofs. Proof coinsfrom 1936 were of both the Matte Proof and Brilliant (or Mirrored) Proof variety, and all from1937 were Brilliant Proofs. As you would expect, proof Buffalo nickels are in demand and you
can plan on paying at least $1000 and up for those in PF-63 grade and higher.

Photo courtesy of ngccoin.com

No Buffalo nickels were minted at any of the mints in 1922, 1932, and 1933. They wereminted only in San Francisco in 1931 and only in Denver in 1938. They were not minted in
Denver in 1921, 1923, and 1930, and they were not minted in San Francisco in 1934.
Buffalo nickels are notorious for having the date completely worn off or nearly worn
off so that it is barely readable. There are several methods for those trying to restore thedates using from mild to very strong acids. Ultimately, dateless Buffalo nickels are not worthvery much, but some dealers may pay as much as 10 or 20 cents each for them and they cancommand as much as 50 cents apiece from some dealers. There are many such dateless andpartial date Buffalo nickels available on eBay and other online auctions. A quick check of suchdateless nickels on eBay go for from about 30 to 50 cents each when purchased in lots
ranging from one roll (40 coins) to 1000 coins.
There are several what can be called "error " Buffalo nickels, probably the most famous
being the 1937-D three-legged variety, where the front right leg was mistakenly ground orpolished away. The 1936-D 3-1/2 leg variety also exists. Other notable errors include the 1914
4 over 3, 1916 double die obverse, 1918-D 8 over 7, 1935 double die reverse, and the 1938-D,
D over S. The latter is quite affordable for those wanting a classic Buffalo nickel error coin.
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I received two coins for this project, a 1915 and a 1938-D. The 1915 would grade G-6 to
VG-8, as the date is readable and the word LIBERTY is worn down to the rim on the obverse,
and the bison's head nearly blends into the rim. I would grade the 1938-D as F-12 to VF-20,
with a bold date, a distinct LIBERTY, with some feather and braid details apparent on the
obverse, while the reverse shows distinct lettering everywhere separate from the rim, half ofthe horn is visible, and most fur details are missing.
Buffalo nickels with full details can be hard to locate for many date/mintmark
combinations, and full strikes for issues of the branch mints in the 1920's are sought after by
the discerning collector. Those issues are at a premium above what many price guides show
today. Buffalo nickels are very collectable, with collectors putting together sets ranging fromthose with restored dates to gorgeous MS-65 slabbed sets that only those with very deep
pockets can afford. Even the collector with limited funds can put together a F-12 to VF-20 set
with the exception of a few branch mint or error coins.Buffalo nickels are symbols of our past,
but the design is still found on modern bullion coins today, notably the American Buffalo.9999 fine $50 gold bullion piece beginning in 2008. The Buffalo nickel is an iconic design
well-know to collectors and non-collectors alike. Rare would be the collector that does nothave at least a few examples of this coin that was last minted over 70 years ago.

The above article is in response to the writing program we started for club members inJanuary. Thank you Jim. - editor

At t en t ion : Special M essage
This Monday, 8/17/2020, we will our first face to face ICC meeting since February. All
members are invited. For those that are not comfortable attending or cant/wont abide by the mask
requirement there will be a Zoom option. The minimum requirement to view the meeting is to havea computer with speakers. In order to participate you will also need some sort of camera, either
built in to your computer or an external one. In addition you will need a microphone. Most current
model laptop computers have this stuff built in.
Anyone that recieved a Zoom meeting invite from me will get one again this month.
This weekend I will be sending an email to everyone who responded with instructions on
how to participate.
plancheteditor@gmail.com

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AUGUST, 2020

August 2020 Auction Lotsfor 8/17/2020
Description

Grade

Additional Notes

Starting Price

1893 Columbia 50 Cent toned

Raw Unc Cameo

60.00

1945D 50 Cent

Raw BU

35.00

1959 10C

PCGS 65

12.00

600 Memorial Cents

AU-BU

1959-1985

Spain 1793 Silver 1/2 Real

7.00
5.00

Italy 1970 Silver 1000 Lire

.835 Silver asw .3919

11.00

Belize 1974 Silver Dollar

Unc.925 Silver asw .5915

16.00

Bahamas 1974 Silver 2 Dollars

Unc.925 Silver asw .8862

24.00

46 pcs Franklin Mint Brz Medals

Unc

All Different

50.00Your items could be listed right here. It is free for members to put items in
the auction and have them advertised in the Planchet.
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.

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.

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AUGUST, 2020

Issue# 613

An n ou n cem en t s:
In case you haven't heard the 71st St r eet Coin an d Cu r r en cy Sh ow returned in June. Here is whatshow organizer Mark Eberhardt sent out.

Yes the 71st Street Coin and Currency Show is on for Sunday August 9th at the Northside Events & Social
Club aka Knights of Columbus here in Indy. As of now we have 30+ Dealers with over 50 tables showing
up. There will be a couple stamp dealers attending this show.
Once again the Mayor of Marion County has differing ideas than our Governor, so there will be somechanges to the show. We will be breaking the show into the three different rooms (Main Hall, Banquet
Hall, and Council Room). We will be doing a head count as people enter, with no more than 150 people inthe building at one time. Masks are Required. Hand sanitation stations will be in each room along withthe restrooms for your use. There will be NO breakfast buffet, but you will be able to order lunch at thebar.
Come get out of your house and enjoy your hobby. Be safe, and we hope to see you soon? .
Mark

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AUGUST, 2020

In dian apolis Coin Clu b
2019 M eet in g Dat es & Edu cat ion al Pr ogr am s
January 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/A
April 20, 2020 - Meeting canceled due to COVID-19* Prize sponsor: N/A
May 18, 2020 - Meeting canceled due to COVID-19* Prize sponsor: N/A
June 15, 2020 - Meeting canceled due to COVID-19* Prize sponsor: N/A
July 20, 2020 - 'Florence Nightingale:More Than the Lady With the Lamp' by Helen-Louise Boling
Via - ZOOM
* Prize sponsor: N/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 we
respect 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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AUGUST, 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 Lotreport
Sales: available at
No treasurers
ICC Library Book Sold (est):
timeLotsof Sheets
publication.
Auction@ $1.00 per Sheet:
Newsletter Postage Fee:$110.00

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

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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 Howery11

Issue# 613

AUGUST, 2020

Specialist in World Coins

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Issue# 613

AUGUST, 2020

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