The PlanchetOctober 2013

Issue #538

The next meeting will be
Monday, October 28th, 2013
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:‘State of the Hobby’ - by Mark Eberhardt
Next Months Meeting Date & Program:
Monday November 25th, 2013

“Small Size Type Currency” by Donn Wray
For a complete list of 2013 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/

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Collecting U.S. Coins Since 1952
Indianapolis, Indiana(317) 257-1906
Fax(317) 257-2220

Jim Fuson
Retired Teacher & Coach

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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.

The 2013 Indianapolis Coin Club
Officers and Board Members:
President
Vice-President
Secretary
Treasurer
Newsletter Editor
Past President
Sgt-at-Arms
Board Member 2012-2013
Board Member 2012-2013
Board Member 2012-2013
Board Member 2013-2014
Board Member 2013-2014
Board Member 2013-2014

Donn Wray
Michael White
Vinton DoveMark Eberhardt
Andy Nahrwold
Jim Roehrdanz
Jim Warden
Jim Fuson
Ron JacksonPaul VaughnDave ReidBob Bettcher
Gary ConnerSeptember 23, 2013 - Minutes of the Indianapolis Coin Club Meeting.
Open – The meeting was called to order at 7:15 PM by Club President, Donn Wray. 33 people
signed the attendance book. We met at the Northside Knights of Columbus Hall, 2100 East 71stSt.
The Treasurer’s report and the Secretary’s report were accepted as published in thePlanchet.
Old Business – None.
New Business – Andy Nahrwold was appointed Editor of the Club by the President.
The President reported on the actions of the Board at its meeting that evening. The Board isworking with its 75th Anniversary Medal committee, and has approved the designs for both theobverse and reverse. He reported that the current estimate of the cost will be in a $9 to $10
range for the Bronze and in a $54 to $55 range for the Silver. A case to house the medal is estimated to cost about $4 to $5. By a show of hands, the membership showed a desire to purchase
30 Bronze and 20 silver medals. The Board will bring more current information as to the pricing at the next meeting, and will accept checks from the membership and others. Anyone desiring to purchase medals should contact the Secretary, Vinton Dove, or Dave Reid, Donn Wrayor Mike White. The Board will decide how many medals to make based on the number of people desiring medals.
Visitors – Bill Kieta was the only visitor introduced.
The Educational Program – Exhibitors Night – there were eight exhibits, and all were very
interesting. Jeff Berkovitz exhibited his prize winning entry of Indiana Medals, and all exhibitors received prizes.
After the Break, the 50/50 Drawing was run by Bob Bettcher.
The Door Prize was awarded.
Auction – Joe Boling ran the auction. Assisting were Bob Bettcher and Vinton Dove.
The meeting was Adjourned at 8:39 PM.
Respectfully submitted, Vinton Dove, Secretary
Editor’s Note: Since the September meeting, the medal committee has decided to accept medal
orders through the November meeting (per Vinton Dove).

Indianapolis Coin Club, Inc.
General Ledger for September, 2013
Receipts:
Dues – Regular @ $12.00 each:
Dues – Junior @ $5.00 each:
Advertising – Planchet @ $35.00 each:Fifty/Fifty Drawing:
Interest – CD’s – 1st Merchant Bank:
Donations – Auction & Others:
ICC Library Books Sold:
Auction Lots Sheets @ $1.00 per Sheet:Amazon.com:
Total Receipts:$0.00

Disbursements:
Dues – ANA:
Insurance – Liability:
Insurance – Treasurer’s Bond:
Computer Website Mainance:
Mail Box Rental:
Office Supplies:
Envelopes:
Postage:
Supplies (Paper, ect.):
K of C Meeting Room Rental:
Exhibitors Night Prizes:
Printing:
Postage:
Paper/Ink Cartridges:
Software:Envelopes:
Club Functions / Promotions:
Christmas Banquet:
Coin Week – April:
Youth Educational Projects:
ISNA Table Setup:2014 ICC Medal (75th Anniv.):$300.00$50.00Total Disbursements:$350.00

Net Gain or Loss for Month:($350.00)

Check Book:
Starting Balance:
Cash/Check In:
Checks Out:
Ending Balance:$5,565.34$ 0.00$ 350.00$5215.34

From the Editor
I hope you all will bear with me as I familiarize myself with both the Club and the Planchet.
As noted on page 3, Indianapolis Coin Club 75th Anniversary medal orders are being accepted
through the November 25th meeting, per Vinton Dove. For those of you who have not seen themedals, they are depicted below.

More information will be provided at the October 28 club meeting.
——————————————————————————————————
While researching for the newsletter, I ran across an interesting fact. I was unaware that theBoy Scouts have a merit badge for coin collecting. The requirements are quite impressive; I
wonder how many of us meet the requirements for obtaining the badge!
The information on the following pages are taken from the Boy Scouts of America website on
the Coin Collecting Merit Badge.

Coin Collecting Merit Badge
Coin collecting is one of the oldest of all hobbies. Hoards of ancient coins found in excavations
indicate that coins were one of the first collectibles. From earliest times, people valued coins
not only as a means of trading and storing wealth, but also as miniature works of art.

(continued from page 5)

Requirements
1. Understand how coins are made and where the active U.S. Mint facilities are located.
2. Explain these collecting terms:
a. Obverse
b. Reverse
c. Reedingd. Clade. Type set
f. Date set
3. Explain the grading terms Uncirculated, Extremely Fine, Very Fine, Fine, Very Good,Good, and Poor. Show five different grade examples of the same coin type. Explain the term proof
and why it is not a grade. Tell what encapsulated coins are.
4. Know three different ways to store a collection, and describe the benefits, drawbacks, and expenseof each method. Pick one to use when completing requirements.
5. Do the following:a. Demonstrate to your counselor that you know how to use two U.S. or world coin reference
catalogs.
b. Read a numismatic magazine or newspaper and tell your counselor about what you learned.
6. Describe the 1999 - 2008 50 State Quarters® Program. Collect and show your counselor five different state quarters you have acquired from circulation.
7. Collect from circulation a set of current U.S. coins. Include one coin of each denomination (cent,nickel, dime, quarter, half dollar, dollar). For each coin, locate the mint marks, if any, and the designer's initials, if any.
8. Do the following:a. Identify the people depicted on the following denominations of current U.S. paper money: $1,$2, $5, $10, $20, $50, and $100.
b. Explain "legal tender."c. Describe the role the Federal Reserve System plays in the distribution of currency.
9. Do ONE of the following:a. Collect and identify 50 foreign coins from at least 10 different countries.
b. Collect and identify 20 bank notes from at least five different countries.
c. Collect and identify 15 different tokens or medals.
d. For each year since the year of your birth, collect a date set of a single type of coin.
10. Do ONE of the following:a. Tour a U.S. Mint facility, a Bureau of Engraving and Printing facility, a Federal Reserve bank,or a numismatic museum or exhibit, and describe what you learned to your counselor.
b. With your parent's permission, attend a coin show or coin club meeting, or view the website ofthe U.S. Mint or a coin dealer, and report what you learned.
c. Give a talk about coin collecting to a group such as your troop, a Cub Scout pack, or your classat school.
d. Do drawings of five Colonial-era U.S. coins.
http://www.scouting.org/scoutsource/boyscouts/advancementandawards/meritbadges/

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Indianapolis Coin Club2013 Meeting Dates & Educational Programs
January 28, 2013 - 'The "Next Gen" $100 Federal Reserve Note' - by Joseph Boling*Prize sponsor: Mark Eberhardt

February 25, 2013 - 'Coin Knowledge Quiz' - by Mark Eberhardt*Prize sponsor: Vinton Dove
March 25, 2013 - 'MPC Fest Recap' - by Joseph Boling*Prize sponsor: Ron Jackson

April 22, 2013 - 'Early U.S. Mint Sets' - by James Warden*Prize sponsor: David Reid

May 20, 2013 - 'Canada & Newfoundland Coinage' - by Dave Reid & Paul Vaughn*Prize sponsor: Michael White

June 24, 2013 - 'Franklin Half Dollars-The Rodney Dangerfield of Coins' - by Jim Roehrdanz*Prize sponsor: Donn Wray

July 22, 2013 - 'From Crowns to Cartwheels; 1800's-1900's Silver' - by Michael White*Prize sponsor: Jim Roehrdanz

August 26, 2013 - 'Numismatic Quiz' - by Logansport Coin Club
*Prize sponsor: Shannon Spears

September 23, 2013 - I.C.C. Exhibit Night*Prize sponsor: ‘Hoosier Gold Buyers’ (Joe Gardner)

October 28, 2013 - 'State of the Hobby’ - by Mark Eberhardt*Prize sponsor: OPEN - ‘Hoosier Gold Buyers’ (Joe Gardner)

November 25, 2013 - “Small Size Type Currency” by Donn Wray
*Prize sponsor: ‘Hoosier Gold Buyers’ (Joe Gardner)

December (?) 2013 – NO MEETING - I.C.C. Holiday Banquet – Details TBA
TBA = To Be Announced*For 2013 we are introducing an '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 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 fromour 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 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.