The Planchet

A Publication of theIndianapolis Coin ClubIssue 486
September 2007

The Meetings of the Indianapolis Coin Club are held the fourth Monday of each month at
the Northside Knights of Columbus at 2100 E. 71st Street in Indianapolis, Indiana.
The Meetings consist of a business session, an intermission, educational program, and anumismatic auction. Doors open at 6:00pm, meeting will begin at 7:00pm.

The next meeting will beMonday,
September 24th, 2007!

ICC Gives Awards to Charles Alber
Last month the ICC Board awarded Charles Alber with a Certificate ofAppreciation Award and a Life Membership to the ICC. Charles was given
this honor because of his long time commitment and support to our cluband the hobby. He has served on the board for many years and still does.
He has been responsible for events like the Summer Socials. He has
been taking care of our refreshments at the meetings for as long as I canremember. The board agreed that it was time to show Charles our gratitude. His life membership card will be given to him at the September
meeting.
I think that Charles was a bit surprised when we asked him to come up
to the front and was get the Certificate, but the real surprise was the life
membership.
Charles has been a member for 60 years. He told me that back in 1948
he and his wife were living in Muncie and would drive to Indy for themeetings. He also stated that he has seen a lot of changes in the club.
He hopes that the hobby continues to get stronger and that more younger
people get involved.
Thanks Again Charles
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$$$$ “ALWAYS BUYING” $$$$
VINTON G. DOVE

PAYING TOP PRICES FOR ALL U.S. COINS

Certified Public AccountantCollecting U.S. Coins Since 1952

DON’T SELL WITHOUT GETTING OUR OFFER!!!

LARRY HYLTONBROWNSBURG, IN

ANA, ISNA-LM, CSNS-LM(317) 852-8458

443 Wellington Road
Indianapolis, IN 46260(317) 257-1906
Fax(317) 257-2220

Jim Fuson
Retired Teacher & Coach

R.O.M.A. COIN
Specializing in U.S. RARE COINS

Collector of old U.S. Coins
And old Sports Cards
Also have some coins and cards for sale5795 E. Co. Rd. 350 S., Plainfield, IN 46168
ICC & ANA
(317) 839-5178
APPRAISALSBUY AND SELL

PHONE(317) 753-7967

DOUBLE D. KOINSDONALD D. KING SR.
MemberANA CSNS ICC

The 2007 Indianapolis Coin ClubOfficers and Board MembersPresident
Mark Eberhardt
Vice-President
Jim Roehrdanz
Secretary
Vinton Dove
Treasurer
Karl Kreck
EditorMark Eberhardt(fubacoin@aol.com) ph. (317) 837-5682
Past President
Sgt-at-Arms
Board Member 2007-2008
Board Member 2007-2008
Board Member 2007-2008
Board Member 2006-2007
Board Member 2006-2007
Board Member 2006-2007

Vinton Dove
Jim Warden
Dave Reid
Bob Bettcher
James Held
Jim Fuson
Charles AlberOpen

ORVA (ORV) DETRICK
Professional Numismatist

PO Box 267Donnelsville, Ohio
45319-0267
Phone: 937-882-6730
Cell #: 937-284-0412
E-mail: Romacoin@aol.com
Buy/Sell Bullion: Gold & Silver

Advertise in the Indianapolis CoinClub Newsletter! The cost is only
$35.00 for a business card size ad for
12 issues!

The Monthly Planchet is the official publication of theIndianapolis Coin Club. It is published monthly inIndianapolis, Indiana. All inquiries should be sent to ICC,P.O. Box 2897, Indianapolis, Indiana, 46206.

Table of ContentsCharles Alber-

Cover

Advertisers-Page 2

Fake NGC Slabs-Page 3

Secretary’s Report -Page 4Show Schedule-

Page 5

Treasurer’s Report -Page 5

Ed. Prog. For Sept.

-Page 5Classified Ads-Page 5Note From the Pres -Page 5The Monthly Planchet, September 2007

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Page 2

FAKE NGC SLABS APPEARING ON EBAY
Approximately three months ago the first counterfeit slabs of the major services since 1989 began appearing on eBay. These were ANACS slabs of the small size holders with the blue logo under prints
used to indicate a problem coin. While concern was apparent it was not overwhelming because it wasn’t
one of the top two services and was a slab for problem coins. I warned however that if they were counterfeiting these, could fake PCGS and NGC slabs be far behind? Sureenough, last month the first fake NGC slab showed up. This is an enlarged
view of the fake label and one with the proper font. Notice the U of AU. It
has a tail.

(Fake Label)(Real Label)
The next example that appeared was a VF coin. In this case it is the lack a of a “chisel” bottom to the V
and the short bottom leg of the E in the description that shows it to be fake. (The E in Draped in the firstslab also has the short leg.)

FakeLabelRealLabelAll of the fakes on eBay so far have been from sellers located in China and after these first two US dollars they began also doing fake rare Chinese dollar sized coins as well such as this one. This piece whileis the first MS specimen and it is identifiable as a fake by close examination of the coin itself which is also a fake, by the odd offsetting of theprinting on the label, and the fact that the seller was also the same person
to offer the previous fakes, plus at the same time he was offering these healso had several fake ANACS slabs listed as well. This slab does present
some disturbing features as well. The MS does have some slight differences between this font and that seen on a genuine (Sorry no picture available at this time.) but they had either added or strengthened the scales logo
under printing which does not show on the other fakes (But which may be
missing due to the poor photos. Notice it is also weak on the genuine labels) And the E in Yen now shows the proper long bottom leg. Finally another fake with an AU label has appeared where they have now corrected
the U in AU to use one that does have a tail. We now have fake ANACS
and NGC slabs. Can fake PCGS slabs be far behind?
The Monthly Planchet, September 2007

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Page 3August 27, 2007 Minutes of the ICC Meeting.
Secretary’s note: The meeting was held at our new location, the Knights ofColumbus Hall at 2100 East 71st Street, which is just west of Keystone Avenue.
The meeting was called to order at 7:05 PM by President Mark Eberhardt. I
counted 36 people in attendance.
Visitors introduced were John Dinger and his son Matt dinger, and Sarah Hansberry, all threeof whom are from the Lost Dutchman Rare Coins shop. They all signed up as members of theClub.
The Secretary’s report and the Treasurer’s report were read and accepted.
Old Business – Mark reminded the membership that the election of Officers of the Club would
be in November, and the Club needs more officers. At this moment, the Club is short one
Board member.
Jim Fuson announced that the ISNA Show Table committee needed more people to sign up toman the Club’s table at the ISNA Show on November 1st and 2nd.
It was announced that John Engle, of Engle’s Coins, had died in an automobile race in Ohio.
He was well known and well liked in the coin collecting community and the Club sent flowers
and a card to his family.
New Business – As Club President, Mark presented Charles Alber with a certificate of Appreciation for his having brought the Club’s refreshments since the retirement of John Sementa
from that position seven or eight years ago. Then Mark announced that the Board of Directors
had elected Charles to Life Membership in the Club! Charles has been a member of the Club
since 1948, and has served in many capacities through the years, and has always been happyand willing in his service. It is certainly a well deserved award!
The Educational Program for the evening was Exhibitor’s night. Eight members brought exhibits, and all received awards from the Club. It was People’s Choice in determining theawards. That is where votes were cast by each of the members in attendance, and the exhibitors were allowed to chose their “prize” in order of which exhibit received the most awards.
Each of the exhibits was impressive and all of those who exhibited were congratulated.
Karl Kreck then ran the 50/50 Drawing. The winner was Richard Kinnett.
After the break, President Eberhardt ran the Auction. As always, Mark’s energy and enthusiasm made it an exciting event. Jim Fuson, Joe Boling, Karl Kreck and Vinton Dove assisted.
The auction included several lots donated by members, with the proceeds going to the Club.
The club adjourned at 8:59 PM.

Vinton Dove, Secretary

The Monthly Planchet, September 2007

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Page 4

Indianapolis Coin ClubClassified Section:
Wanted - Wooden Nickels,
elongated coins, & Mardi
Gras Tokens. Call Charles:317-856-4553
Oct

Treasurer's Report August 2007

Wanted—1909-S IndianHead Cent (Fine or Better)
Call Don at: 317-753-7967

September Program“Annual State of the Hobby”

Sept

Income:Received from 50/50 AugustJohn Dinger 2007 Dues
Matt Dinger 2007 Dues
Sarah Hansberry 2007 Dues
Donated Auction lots to Club
Total

$ 55.00$ 12.00$ 12.00$ 12.00$ 38.00$129.00

By: Coz

Show Schedule
September:22nd & 23rd - “Greater Cincinnati NumismaticExposition Show” - Sharonville Convention Center11355 Chester Road Sharonville, OH 45246. Off
Interstate 75 Exit 43 West. Hours: Sat. 9am to 6pm
Sun. 9am to 4pm Great Show if you can make it !
October
7th - “Logansport Coin Club Show” - Logansport,
IN Ramada Inn, U.S. 24 East. Hours: 10am - 4pm
14th - “71st Street Coin Show” - Indianapolis, IN
K of C Hall 2100 East 71st Street off Keystone
Ave. Hours: 9am - 3:45pm
21st - “Lafayette Numismatic Society” - Lafayette,IN Tippecanoe County Fairgrounds 1401 Teal
Road.
Hours: 9am - 4pm
November
2nd & 3rd - "Indiana State Numismatic Association Coin and Currency Show" - Indianapolis, INat the Indianapolis Marriott East, 7202 East 21st
St. Hours: Fri. 10am-6pm, Sat. 10am-5pm, Sun.
10am-3pm

Expenses:
Mark Eberhardt Check #1398
Pinting, stamps, newsletter, awards
and frame:$ 46.38
August, September, October Hallrental to K of C, Check #1397$ 60.00
Western Reserve Groupe: Club
insurance from 8/07 to 8/08:$ 250.00
Birgit Kreck for new ruffle tickets:$ 6.89Total$ 363.27
July Checkbook Balance $ 2,412.01
August Checkbook Balance $ 2,184.63
I.C.C. CD Balance $ 18,029.00 as of June 1,2007
Respectfully submitted,Karl Kreck

Note From the Pres……
I just wanted to let everyone know that theKnights of Columbus was quite pleased with theturnout. Colleen, our rep, stated, “there was a significant difference in the books.” So what thismeans is that we need to keep it up. I also informed her of some of the problems that we hadwith the slow service. No fault of the waitress, justnot enough staff at the time. I was quite happy
with the quality of the food and the prices werenot bad. You may want to get there just a bit earlier for dinner if you can. I think that everyone
that came liked the new room and I think it will begood for the club. Mark - President ICC

The Monthly Planchet, September 2007

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