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

Issue# 627

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 November 15th, 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.
1Issue# 627

NOVEMBER, 2021

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:
November 15th, 2021
Meeting start time: 7:00 PM

Th e An n u al St at e of t h e
Hobby Addr ess
by M ar k Eber h ar dt
2

Issue# 627

NOVEMBER, 2021

A Few Words From Your Pr esident
by Sharon Bower
Greetings,
It is November and it is election time for the Indianapolis Coin Club.The coin club will
be meeting again in November, this is our last planned meeting for the year. The
following positions will be voted on at the club meeting:t?s the middle of October, thedays have been sunny and mild, and it is time to stretch our numismatic wings. I hopethat everyone has remained safe, healthy, and active during the COVID-19 pandemic. I
would like to solicit anyone that wishes to be a Club Officer or Board member toplease let me know and we will make your wishes known! We are always looking forpeople to fill Officer positions for the club. The president, vice-president, secretary,treasurer, sergeant-at-arms and editor shall be elected annually.
Of f ice

Cu r r en t

Nom in ee

Pr esiden t

Sharon Bower

Sharon Bower

Vice-Pr esiden t

Donn Wray

Donn Wray

Secr et ar y

Gary Selig

Gary Selig

Tr easu r er

Gerald Coraz

Gerald Coraz

Sear gen t -at -Ar m s

Jim Warden

Jim Warden

Edit orChris Bower

Chris Bower

Past Pr esiden t

Jim Sukup

Jim Sukup

Dir ect or 21-22

Louise BolingLouise Boling

Dir ect or 21-22

Jeff Bercovitz

Jeff Bercovitz

Dir ect or 21-22

Steve Howery

Steve Howery

In addition the following positions have terms that will be elected on in 2022.
Directors 2021-22: Vinton Dove, Andy Nahrwold, Jim Roehrdanz

3Issue# 627

NOVEMBER, 2021

The Indiana State Numismatic Association (ISNA) show is a go for December 2-4,2021. Please volunteer to sit at the ICC table in December at the ISNA show topromote the Club and hand out related informational materials. A sign-up sheet isavailable both this month and in November for all of those wanting to participate.
Also, if you would like to volunteer to help with the youth auction at the ISNA show or
donate material for the auction, please see Don Fleener for details.
I have confirmed our reservations (7 December at 6:00!) at the Northside Event
Center for our holiday party.
Her e is t h e lat est on t h e In dian a St at e Nu m ism at ic Associat ion Sh ow :1. Th e sh ow is at t h e M ar r iot t .
2. We w ill be in t h e Gr an d Ballr oom w h ich is locat ed dow n t h e h all f r om Liber t y
Hall.
3. You w ill be br in gin g you r it em s in t h r ou gh a door sim ilar t o t h e w ay w e did in
Liber t y Hall.
4. Par k in g UPDATE f r om t h e M ar r iot t :a. Hot el gu est s w ill be gu ar an t eed a par k in g spot bu t t h ey w ill st ill pay t h eover n igh t par k in g ch ar ge of $9 per n igh t .
b.t h er e w ill be a $10.00 per car par k in g ch ar ge f or all n on -Hot el gu est s. We also
w an t t o let you k n ow t h at par k in g m ay be dif f icu lt or even im possible f or som e
gu est s.
5. I h ope t o see you at t h e sh ow.
Please k eep t h is in m in d each m on t h : Regardless of who is giving the monthly
program and/or the topic, we owe it to that person and the membership to remain
quiet and pay attention during the program. It?s important that we respect theknowledge that is being shared with us as well as the time and effort the speaker isdonating to our club. Thank you.
I look forward to seeing you at the next meeting.
Sharon Bower
Club President
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.

4Issue# 627

NOVEMBER, 2021

Order Gifts Early This Holiday Season
subm it t ed by Sh ar on Bow er

By Of f ice of Cor por at e Com m u n icat ion s
Oct ober 26, 2021
The holiday season is approaching. What does this mean for you, as a loyal United States Mint
customer and your orders? both new and existing?
During a ?normal? year, the Mint releases products spread throughout the entire year to provide ourcustomers with the highest level of service. Early in 2021, delays? as a result of
COVID-19? impacted the Mint?s published product schedule. The release of several products were
pushed back. In addition, bot activity this past spring had a negative impact on our website, and theMint delayed the sale of several products in June while we implemented stronger bot control
process.
As a result of these circumstances, our 2021 product releases were compressed. Due to the populardemand of these products, there was an extraordinary amount of volume. Furthermore, COVID-19
impacts have left both the Fulfillment and Call Centers short-staffed.

All of these factors have put an enormous strain on our Call Center and Fulfillment Center, which is
why you may have experienced longer-than-normal wait times on the phone, for an email response,
and/or delays with your order being fulfilled.
Once orders leave the Fulfillment center and are transferred to our carriers, the Mint cannot control
when that order is updated online or delivered. As you may be aware, national delays exist inlogistic channels across all carriers due to COVID-related shutdowns and limitations around theworld.
5

Issue# 627

NOVEMBER, 2021

The Mint advises its customers to place holiday orders as early as possible. Visit the following carrier
websites to familiarize yourself with how these logistic channel delays impacts delivery of current
and future Mint orders:-

FedEx
United Parcel Service
United States Postal Service

Please know the Mint is working hard to come up with creative ways to expedite shipping and toincrease Call Center resources. We are making every attempt to process and ship your order, andrespond to your phone calls and emails as quickly as possible.
Thank you in advance for your patience and for being a valued Mint customer.Retrieved
from:https://www.usmint.gov/news/inside-the-mint/order-gifts-early-this-holiday-season

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.

6Issue# 627

NOVEMBER, 2021

How to Store Coinssubm it t ed by Sh ar on Bow er

Folder s

Cardboard folders are the most inexpensive and common form of organizing and storing acollection. They can be purchased at many hobby shops and bookstores.
They provide a spot for each date and mintmark in a particular series, thus acting as a road map forthe collector. They are also compact and convenient; they take up little space on a bookshelf andcan be pulled down and opened for easy viewing.
The spots for the coins consist of holes in the cardboard sized specially for the particular series
covered by the folder. They are meant to be a tight fit so the coins, once inserted, won?t fall out.
Place the coin in the hole at an angle, so one side of the coin is in the hole. On the side of the coinsticking up, press down and toward the angled side until the coin snaps into place.
The process isn?t always graceful; thus, some of the basic rules forhandling coins have to be suspended when working with folders.
But folders are still suitable for storing coins plucked fromcirculation and getting started in coin collecting.
2-by-2s7Issue# 627

NOVEMBER, 2021

Low to moderately priced coins offered for sale at shops and shows are usually stored in cardboard
holders commonly called ?2-by-2s? because they are 2 inches square.
They consist of two pieces with a clear Mylar window in the center. The coin is placed between thetwo pieces, which are then stapled together.
These 2-by-2 holders are also inexpensive. They are suitable for long-term storage and offer anumber of advantages over the basic folder:? The window in the holder allows both sides of the coin to be viewed.
? The entire coin is enclosed.
? The coin can be handled by the edges when being inserted into the holder.
As for disadvantages:? Storing an entire collection of a particular series takes up more space.
? The coins can be viewed only one at a time.
? Caution should be used when inserting or removing coins from the holders to make sure thestaples?sharp edges don?t damage the coins.
? There is no road map to the series. A separate checklist is needed.
The 2-by-2 holders can be stored in long, narrow boxes specially sized to hold them. They can also
be inserted into pockets in a plastic page, which can then be inserted into a three-ring binder.
Originally the plastic pages contained
polyvinylchloride, which produced a soft, flexible
pocket. But the substance breaks down over time,
resulting in a green slime that could contact the coins.
Manufacturers then started substituting Mylar for the
PVC. The Mylar does not break down, but the page
containing it is more brittle and not as flexible.
Flips
Similar in size to the cardboard 2-by-2s, plastic ?flips,?
to use the common vernacular, are another common
storage method for coins for sale. They consist of aplastic pocket, into which the coin is inserted, with aflap that folds down over the pocket. Coin dealers willoften staple the flap shut.
Flips offer many of the same advantages as the8Issue# 627

NOVEMBER, 2021

cardboard 2-by-2s:? Although they cost more, flips are still inexpensive.
? The entire coin is enclosed.
? Both sides of the coin can be viewed.
? The coin can be handled by the edges when being inserted into the holder.
Also, they don?t have to be stapled shut, thus eliminating the possibility of the staples scratching thecoin.
The big disadvantage to flips is their composition. They, too, originally contained polyvinylchloride.
Manufacturers then started making flips containing Mylar, but the resulting product again is morebrittle and not as flexible as the old PVC flips.
For long-term storage, it?s best to remove coins from flips and transfer them to another type ofholder.
Albu m s
Coin albums are a step up from the basic folder.
They are in book form and contain a hole for eachdate and mintmark in the particular series
covered. The hole has a clear plastic back and aclear plastic front. The plastic front slides out, andthe coin can be placed in the hole. The plastic front
is then slid back over the hole.
Albums combine many of the advantages of
2-by-2s and folders:? They are compact and convenient and can be stored on a bookshelf.
? They are affordable.
? Both sides of the coin can be viewed.
? Their labeled holes act as a road map to a series.
? The entire coin is enclosed.
? The coin can be handled by the edges when being inserted.
The disadvantage to albums is that sliding the plastic front can damage a coin in the holder if theplastic rubs against the coin. Thus, albums are not recommended for expensive uncirculated coins.

9Issue# 627

NOVEMBER, 2021

Har d-plast ic h older sHard-plastic holders are the top of the line in coinshortage but are still affordable. They consist of twopieces with one or more clear windows through which
the coin can be viewed. The two pieces are held together
with plastic screws or snap together.
To insert a coin into the holder, the two pieces are
separated, and the coin is placed face up into the bottom
piece. The top piece is then placed over the bottom
piece, and the two pieces are screwed or snapped
together again.
Some of the world?s great numismatic rarities are storedin hard-plastic holders. They offer all of the advantagesof the less expensive storage methods but in a safe, inert
environment.
Slabs
In 1986, a group of coin dealers got together
and formed the Professional Coin Grading
Service. For a fee, dealers and collectors could
submit coins to the service and receive a
professional opinion on their grades. After
grading, a coin is encapsulated in an inert
hard-plastic holder with a serial number andthe service?s opinion on its grade indicated on
the holder.
The concept was successful, and several
competing services were established insucceeding years. Today, most coins valuable enough to justify the grading fee have been graded by
one of the services and encapsulated in its holder.
The grading-service holders are common at coin shows and shops and acquired the nickname?slabs.? The holders are suitable for long-term storage of high-end collectible coins.
Retrieved from https://numismaster.com/content/1853706/how-to-store-coins10Issue# 627

NOVEMBER, 2021

Oct ober 20, 2021 - M in u t es of t h e In dian apolis Coin Clu b M eet in gOpen ? The meeting was called to order at 7:00 p.m.The meeting was held at the Northside Eventsand Social Club, 2100 E. 71st., Indianapolis, Indiana. The at t en dan ce pr ize was announced. It was a1902 Barber Half.
The Secr et ar y 's r epor t for September 2021 was accepted, as published in the Planchet, upon aduly made motion, which had a proper second.
The Tr easu r er 's r epor t for September 2021 was accepted as published in the Planchet, upon a duly
made motion, which had a proper second.
Visit or s -None.
Repor t s of Com m it t ees ?It was mentioned that the current slate officers are willing to run again
for the year 2022, as well as board members, as published and listed in the previous Planchet, page
9. The secretary would note if this is inaccurate, he will amend the club?s minutes to reflect any
correction to this report.
Old Bu sin ess?If anyone wants to volunteer to man the ICC table at the ISNA show, the sign-up
roster is at the check in table for our club meeting and also Sharon is looking for volunteers to help
set up (December 1st) and tear down with respect to the December ISNA show when it concludes(December 4th).
New Bu sin ess·The Club?s Holiday party is scheduled for December 7, 2021 to be held at the Northside Events andSocial Club (the same place we meet for our meetings). Dinner usually starts around 6 p.m. with agift exchange to follow.
Nu m ism at ic f in ds:·Louise Boling brought and showed a Military Maneuver Token depicting Gen. Dent Grant (circa
1910).
Edu cat ion Pr ogr am : Donn Wray was gracious to speak and his topic centered around how tonavigate, and as he stated, sometimes ?waste away? on Heritage?s website. The talk was very
informative as their website has a lot of information about coins and stamps and they frequently
hold auctions.
The At t en dan ce Dr aw in g was held. Corbin won the attendance price. The 50/50 Drawing was held,
and the Club received $ 41.00.
Au ct ion ? The auction was held with help by several members. We had a robust auction and theclub collected $5.00.
Respectfully submitted,
Gary M. Selig, Secretarygselig14@gmail.com

11Issue# 627

NOVEMBER, 2021

In dian apolis Coin Clu b
2021 M eet in g Dat es & Edu cat ion al Pr ogr am s
January 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/A
March 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 - 'Counterfeit Notes made to Deceive Collectors, continued? - by Joe Boling* Prize sponsor: Gerald Coraz
August 16, 2021 - 'Dimes? - by Vinton Dove* Prize sponsor: Vinton Dove
September 20, 2021 - Exhibit Night* Prize sponsor: I. C. C.
October 18, 2021 -'The Numismatic Education in Your Pocket (or, Wasting Away Again in Numismaticsville)? by Donn Wray
* Prize sponsor: Donn Wray
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 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.

12Issue# 627

NOVEMBER, 2021

Tr easu r er 's Repor t f or Oct ober 2021:

Treasurer 's report is as follows: After the October, 2021 meeting, I deposited $46 into the clubchecking account. The account balance is now $25,307.52. In a few days, I will mail a check for$100 to the Northside Social Club for room rental for our November, 2021 meeting.
Jerry C.

$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

13

Issue# 627

NOVEMBER, 2021

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

14

Issue# 627

NOVEMBER, 2021

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.com
15