The Planchet

November 2014

Issue #550

The next meeting will be
Monday, November 24th, 2014
The Meetings of the Indianapolis Coin Club are held
the fourth 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:

Rejects, Resorts and Reform: Depression-wrought changes to‘what’s in your wallet’
By Donn Wray

Next Months Meeting Date & Program:Tuesday, December 2nd, 2014, at 6 pm.
No Meeting - I.C.C. Holiday Banquet
MCL Cafeteria 2121 E. 62nd St.
For a complete list of 2014 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,
I am looking forward to seeing everyone at our next meeting, this coming Monday, November
24th, 2014.
As you may already know, this is my final 'A Few Words From Your President' as I am vacating the office of President to clear the way for Jeff Bercovitz to take over. There is no Newsletter published in December so this is it for me. I'll stray a bit on my topic this month because…
well, …because I can!
Although not a function of the Indianapolis Coin Club, I'd like to talk a bit about the recent
56th Annual I.S.N.A.(Indiana State Numismatic Association) Coin Show that was held November 7th & 8th, 2014 at the Marriott Hotel and Convention Center on the East side of Indianapolis. This show is the largest annual coin show in Indiana and as a District Governor of theI.S.N.A. I am involved in producing this show each year. The reason I want to talk about it hereis that there are a few exciting things to report from that show that are positive indicators for thefuture of the hobby we all love - Numismatics.
The first bit of good news is that (as usual) the show was very well attended. In fact, 522 people came through registration on the opening day setting a new Friday record. Along withstrong attendance numbers on Friday the dealers reported brisk sales during the first half of theday although Friday afternoon was a bit slow according to many. Saturday was again quitebusy. I don't know what our attendance was on Saturday but we were busy and all the dealers Ispoke with that day were VERY positive about the show and their sales numbers. In a climateof declining attendance at many of our Nations biggest and oldest coin shows it is nice to seethat Indianapolis still seems to be a very strong marketplace with a lot of support for our hobby.
There were also 2 very exciting bank notes that appeared for the first time ever at this show.
The first 'Discovery Note' is a Series 1902 Atkins National Bank of Maysville, Georgia notewith a plain back. If this note is certified as authentic it would be the only known example witha plain back! The owner will be sending it off for certification. The second 'Discovery Note' toappear is a Series 1914 $50.00 Large Size note with a signature combination only seen on 5
other existing notes. I saw the note and would grade it as "FINE" and the currency dealer whopurchased it at the show promptly placed a $3,000.00 price tag on it!
This is all very exciting stuff for us because it means Numismatics is healthy here in Indianapolis.
I want to take this opportunity to thank all of the members of the Indianapolis Coin Club foryour help and support during my tenure as your President this past year. It has been a pleasure
to serve. I especially want to thank the Officers and Board Members of the ICC, for without
them there would be no club. For those of you who haven't served or cannot serve, please continue to support those who DO. As I mentioned previously, Jeff Bercovitz will be stepping up tothe Presidency and I am going to serve (for the 3rd time) as your Vice President for 2015. I ask
simply that you show Jeff the courtesy and respect you have shown me over the past year andgive him all the help and support you can.
Here's your final bit of motivation to attend Monday's meeting; the Monthly Attendance Prize!
This month's prize sponsor is I.C.C. Board Member Shannon Spears. Shannon is donating abeautiful 2014-S Silver Proof Kennedy Half Dollar certified PR69DCAM by PCGS for theMonthly Attendance Prize drawing. Everyone present at the meeting receives a FREE ticket
for a chance to win the prize so please show up for a chance to own it. You could go home witha freebie!
Thank you for allowing me to serve as your President for this very exciting 75th Anniversaryyear!

Michael WhiteFrom the Editor
Remember, there is no meeting in December. Instead, we will have the annual ICC Holiday
Banquet on December 2 at 6:00 pm. The banquet will be at MCL Cafeteria, 2121 E. 62ndStreet, just west of Keystone Avenue. There will be a gift exchange for those desiring to participate. Bring a gift valued up to $20.00 (wrapped) to participate. Feel free to bring a friend!
If you have any questions or comments about the newsletter or the club, please feel free toemail me at andreusrex@gmail.com. I’ll do my best to answer you or pass it along to someone
who can.
——————————————————————————————————————-

1997 Jackie Robinson

This month’s coins of the month are the 1997 Jackie Robinson commemoratives. Now known as the inspiration for this years Little
League World Series United States Champs, these coins were issued to mark the 50th anniversary of Robinson joining the majorleagues.
The two coin set consists of a silver dollar and gold half eagle. Alfred
Maletsky and T. James Farrell designed the silver dollar that shows
Robinson sliding into a base. Around the image is liberty, in god wetrust and the date. The reverse shows the Robinson 50th anniversarylogo, United States of America, e pluribus unum, one dollar and facts
about Robinson. The San Francisco mint struck the coin in both proofand mint state.

William Cousins and James Peed designed the gold coin showing aclose portrait of Robinson circled by his name, liberty, in god we trust
and the date. The reverse has a baseball with the inscription 19191972 legacy of courage. Circling the ball is United States of America,
e pluribus unum and five dollars. The West Point mint struck this coinin both proof and mint state.
The coins did not sell well when released in 1997. The best seller
was the proof dollar at 110,002 pieces. The mint state dollar sold
30,180. The proof gold mintage is 24,072 and the mint state gold
mintage is only 5,174. Values for the silver coins are $90 in proof and$72 in mint state. The gold coins are worth $590 in proof and $2,900
in mint state. There is a special legacy set that includes a baseballcard and pin along with the proof silver and gold. The set is worth$650.

Reprinted with permission from the Elgin Coin Club$$$$ “ALWAYS BUYING” $$$$PAYING TOP PRICES FOR ALL
U.S. COINS
DON’T SELL WITHOUT GETTING OUR OFFER!!!

LARRY HYLTONBROWNSBURG, IN
ANA, ISNA-LM, CSNS-LM(317) 852-8458

The 2014 Indianapolis Coin ClubOfficers and Board Members:PresidentVice-President
Secretary
Treasurer
Newsletter Editor
Past President
Sgt-at-Arms
Board Member 2013-2014
Board Member 2013-2014
Board Member 2013-2014
Board Member 2014-2015
Board Member 2014-2015
Board Member 2014-2015

Michael White
Jeff Bercovitz
Vinton DoveMark Eberhardt
Andy Nahrwold
Donn Wray
Jim Warden
Jim Sukup
Shannon Spears
Bob Bettcher
Jerry CorazPaul Vaughn
Jim Roehrdanz

VINTON DOVE
Business Consultant
Collecting U.S. Coins Since 1952
Home (317) 257-1906
Cell (317) 910-4205
Fax (317) 257-2220
OLD FOUNTAIN PENSPURCHASED(PARKER, WATERMAN, WAHL, ETC.)JIM NAHRWOLD(317) 849-7931
JLNAHRWOLD@COMCAST.NET

Advertise in the Indianapolis CoinClub Newsletter! The cost is only
$35.00 for a business card size adfor 12 months!
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.

Indianapolis Coin Club
General Ledger for October 2014
Receipts:
Dues – Regular @ $12.00 ea.
Dues – Juniors @ $5.00 ea.
Advertising – Planchet @ $35.00 ea.
Fifty/Fifty Drawing:
Interest – CD’s – 1 Merchant Bank:
Donations – Auction Lot Sales
ICC Library Books Sold:
Auction Lot Sheets @ $1.00:
Sales of Medals:
Silver @ $40.00 each:Bronze @ $10.00 each:Amazon.com:
Postage Collected Newsletter:

Total Receipts:$ 5.00$45.00$ 4.00$54.00

Disbursements:
Insurance – Liability:
Insurance – Treasurer’s Bond:
Computer Website:
Mail Box Retail:
Office Supplies:- New Checks:
Postage:
K of C Meeting Room Rent:
Exhibitors Night Prizes:
Newsletter:
Library Fund:Club Functions / Promotions:75th Anniv. Medals:
Youth Projects:
External Displays:$50.00ISNA Table:
Total Disbursements:$50.00Net Gain / Loss:$ 4.00

Checkbook:
Starting Balance:
Total Receipts:
Total Disbursements:
Ending Balance:$2,659.23$ 54.00$ 50.00$2,663.23

Indianapolis Coin Club
Minutes - October 27, 2014
The meeting was called to order at 7:07 p.m. by President, Mike White. Forty (40) persons signed the attendance book. The meeting was held at the Northside Knights of Columbus
Hall, 2100 East 71st Street, Indianapolis, Indiana.
Visitors.

Gary Anderson, new member introduced himself.

Minutes.

The minutes for the meeting on September 22, 2014 were approved.

Treasurer's Report. The July, August and September 2014 Treasurer's Reports were approved. It was agreed to place the CD balance in the next report.
President's Report. Mike White liked the new format for Exhibit night with exhibitors giving
presentations before voting. Security for next year's was discussed. He announced Donn Wray
would give the November educational presentation. He welcomed Joshua and Tiffany, grandchildren of Dave Reid. Mike White announced Officers and Board positions nominations aredue by October 31, 2014, please contact Vinton Dove.
Old business. Please note the four coin Silver Kennedy set sales will begin tomorrow. Youshould update your Mint account if you have one since the website was updated. Joe Bolingreported on the coin show recently held in Louisville, Kentucky.
Kill Reports. Andy Nahrwold discussed a recent obsolete banknote found. Steve Howry reported a $1 Silver Eagle used for $1.00.
Educational Program. Mark Eberhardt gave his annual "State of the Hobby" report. He noted
generally his experiences including a resurgence of coin shows, prices holding firm for Fine or
better Seated, Trade and Morgan Dollars. Gold and Silver was down from last year, and prices
are expected to drop. Larger paper notes are generally found at big shows. Some rolls of modern coins doing well. Surge in dealers for world coins, and Canadian coins are hot! There has
been a surge in Newfoundland coins. More people want Tokens. Fewer auctions are conducted
locally, but now 500 dealers on Proxibid! Also, more coins being sold on websites. An excellent presentation!
Attendance Drawing. The Door Prize was a 1922 S Peace Dollar sponsored by Mark Eberhardt. It was presented to Paul Vaughn.
50/50 Drawing. The winner was Doug Hayden.
Auction. The auction was conducted by Joe Boling. Club members assisted.
Adjournment. The meeting was adjourned at 8:40 p.m.
Respectfully submitted,
Jeffrey Bercovitz, Vice President and Secretary Pro Tem

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Indianapolis Coin Club2014 Meeting Dates & Educational Programs
January 27, 2014 - ‘1916 Indiana Centennial Medal’ - by Jeff Bercovitz*Prize sponsor: Michael White

February 24, 2014 - ‘Evaluating and Selling the Crop: Thoughts on Numismatic Appraisals
and Tax Aspects’ - by Donn Wray
*Prize sponsor: Jeff Bercovitz

March 24, 2014 - ‘19th Century Counterfeit National Bank Notes’ - by Joseph E. Boling*Prize sponsor: Vinton Dove

April 28, 2014 - ‘Counterfeits and Countermeasures’ - by Michael White*Prize sponsor: Bob Bettcher

May 19, 2014 - ‘An Education On Educational Notes’ - by Jim Warden*Prize sponsor: Jim Warden

June 23, 2014 - ‘Winners in the Modern Commemorative Coin Era’ - by Jim Roehrdanz*Prize sponsor: Jim Roehrdanz

July 28, 2014 - ‘Numismania, Military Medals’ - by Vinton Dove*Prize sponsor: Paul Vaughn

August 25, 2014 - ‘TBA’ - by Logansport Coin Club Speaker Exchange*Prize sponsor: Andy Nahrwold

September 22, 2014 - I.C.C. Exhibit Night*Prize sponsor: Donn Wray

October 27, 2014 - ‘Annual State of the Hobby Address’ -by Mark Eberhardt*Prize sponsor: Mark Eberhardt

November 24, 2014 - “Rejects, Resorts and Reform: Depression-wrought changes to ‘what’sin your wallet’” - by Donn Wray
*Prize sponsor: Shannon Spears

December 2, 2014 – NO MEETING - I.C.C. Holiday Banquet*For 2014 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 sharedwith 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.