Indianapolis Coin Club

August2003

A.N.A. C-131170 - C.S.N.S L-600 - I.S.N.A. LM 243
Mailing Address: P.O. Box 2897, Indianapolis, IN 46206

educational nature are held for the benefit of our membership and the general public. All meetings are open to the public and there is no charge for attendance unless a person wishes tobecome a member of the club. Adult annual dues are $12.00 per year, junior membership dues are $5.00 per year.

The Indianapolis Coin Club is a non-profit, educational organization founded in 1939 for the purpose of educating people of all ages in the greater Indianapolis community about the coins theypresently own or may wish to collect. We hold eleven monthly meetings each year (presently at the Firemen’s Union Hall, 748 Massachusetts Ave.) during which various programs of an

THE MONTHLY PLANCHET

Past-President Attends 2003 World’s Fair of Money
ANA World’s Fair of Money,
July 31 - August 3, 2003,
Baltimore, Maryland

I had the pleasure of attending my first ANA convention
last Saturday. August 2, andthought I would share what
I found. At the meeting I
told everyone that I wasgoing to make the journey
to see four of the five 1913
“V” nickels, and I saw them.
Oddly enough, I saw all 5 ofthem, since the fifth coin
was added to the exhibit at
the last minute. The display
was tall and enclosed inthick plastic (clear) so thateveryone could see the coins
and the brief history of who
the current owners are, but
as a collector, I was disappointed because I could notsee much of the coins,themselves. Oh, they were
there, but they were vertical to the floor, so I couldnot (easily) get a look at thecoin with the light reflectedacross it. That would haveallowed me to better see thesurface of the coins, but I
guess when you can’t get
closer than 3 feet, it may nothave made much difference.
Don’t get me wrong, I am
not complaining, since I actually saw the coins, and cantell my grandchildren that I
saw all 5 of them at thesame time. I guess my expectations were a little
higher than security would
allow.
There was a good sized line
(8 or 10 people, minimum,)whenever I looked in the direction of the display, but
the wait was worth it.
Immediately after entering

the convention, I saw Ray
Lockwood and Jerry Lebo
(ICC Life Member) manning
the Central States Numismatic Society (CSNS) booth,and said hello. They were
the only two people I saw,
other than dealers, whom I
knew.

The bourse was swarmingwith people, and the dealers had many exciting coins,
as well as some not-so-exciting. I was looking for
1896-S and 1897-S half-dollars in VG condition. I foundseveral which were presented as VG, but did notquite measure up to the ANA
grading standards (or theVinton Dove standards!). I
did find another MS Mercury
Dime for the set that Allenand I are assembling. It was
a 1917-S, not a full-strike,and would probably grade
MS-62 or 63.
I saw several dealers whom
I recognized. Among themwere Leon Hendrickson’s
brother at the Silvertown
booths; Orv Detrick at ROMA
Coin’s booth; Mike Orlando,
at his booth; and J. Cline at
his booth. Some of you may
remember that J. Cline was
the speaker at ICC’s Christ-

Continued on page 4

Our next meetings are scheduled for Monday, August 25, and Monday, September 22, at 7:00
PM at the Fireman’s Union Hall Building, 748 Massachusetts Ave. at College Ave.,
Indianapolis. Parking is available in the lot west of the building and on the streets northand south of the building.
Officers: President: Jim Luckey, Vice President: Vacant,Treasurer: Tom Ferverda, Sergeant-at-Arms: Jim Warden.
Past President: Vinton Dove
Secretary/Editor/Webmaster: Gail Phillips
Directors: Karl Kreck, Lawrence Wisthoff, Donald Black,Coz Raimondi, Charles Alber, Allen Dove

InsideThis
President’s Report
Secretary’s Report
Treasurer’s Report
Puzzle Page
Kid’s Page
Other News

Shop Amazon.com at: www.indianapoliscoinclub.org
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Treasurer’s Report

From Our
President
The July meeting was great. There werea lot of fine exhibits and good participation. Our winners for Exhibit Night wereCharles Alber, Allen Dove, Doc Gerth,
Kurt Miller, Lyle Pelkin, and Coz Raimondi. No one stepped forward to head
the Coin Show next March, so Karl Kreckand I secured a facility. We need more
people to stand up and do something or
the club will fail. August meeting is a
program on grading. Bring a friend, achild or even an enemy, But do something.
-Jim
Secretary’s Report
The meeting was called to order at 7:15
PM. Coz Raimondi addressed the membership regarding ISNA exhibition rules,
and made exhibition application forms
available to the membership. Doc Gerthand Tom Ferverda brought the membership up to date on next year’s National
Coin Week exhibition opportunities, which
include Greenwood and White River Libraries, as well as the 42nd Street Library
and Christ the King Church. If you would
like to help promote the ICC with an exhibit next April, please contact Tom or Doc.
The Secretary’s and Treasurer’s reports
were read. Exhibits were then judged for
Exhibit Night. The winners were: Kurt
Miller, 1st place, Junior Division, for his“Coins and Their Role in WWII”, “Coins of
the USA, Then and Now” and “Monies ofthe World” exhibits; Doc Gerth, 1st place,
US, for his “America’s Sesquicentennial
Year” exhibit; Allen Dove, 2nd place, US,for his “Origami Dollars exhibit; Coz Raimondi, 3rd place, US, for his “Civil War”
exhibit; Charles Alber, 1st place, World,
for his “Coin Metals” exhibit”, Sam Taylor, 2nd place, World, for his “Swiss Shooting Medals” exhibit; Lyle Pelkin, 3rdplace, World for his “British Farthings”
exhibit; and Allen Dove won the “People’s
Choice” award, again, for his “Origami
Dollars”. Polo shirts with the club logo,
embroidered by Jean Boothe, were

August 2003
INCOME
Newsletter Advertisement
2003 Coin Show Table Pymnt.
Membership Dues
50/50 Drawing
Amazon Associates Sales
Club Shirt Sales
Total Income$ 35.00
140.00
36.00
13.50
16.11
40.00
$280.61

EXPENSES
Insurance Policy
Hall Rental
Newsletter Printing
Exhibit Night Participation Awds.
Exhibit Night Prizes
Total Expenses$200.00
25.00
12.24
71.80
266.66$575.70

Net Expenses$295.09

Balance in Checking as of August 1, 2003 - $5190.27

awarded to all winners, and an Indiana Statehood Quarter Display, from FUBA Coins, was given to each of the participants.
The coin auction followed, Richard Kinnett won the 50/50, Allen
Dove won the puzzle contest, and the meeting was adjourned
at 8:20 PM.
- GailObituary
Palmer, John R.
July 19, 2003
John R. Palmer, 66, Indianapolis, passed away, July 17, in his
home. He was a Korean Veteran in the U.S. Coast Guard. Mr.
Palmer retired in 1981 from the Indianapolis Police Department as a Sergeant. He had also worked in security for the St.
Vincent Hospital and was a Numismatic and had owned a coinshop. Survivors include his wife, Sue Ash Palmer; Children,
Christine D. Laffew, Jeannette M. and Douglas A. Palmer andJennifer A. McMullen; a sister, Judy Golay; Grandchildren,
Samantha and Syndi Palmer, Colton and Corbin McMullen andhis dog Mitsy. His parents, Robert and Charlotte A. Mueller
Palmer and an infant sister preceded him in death.
Services were held at 1 p.m., Monday July 21 in the G.H.
Herrmann Madison Avenue Funeral Home, 5141 Madison Avenue, with visitation from 2-6 p.m., July 20, in the funeral
home. Memorial contributions may be made to the VNS Hospice of central Indiana, 4701 N. Keystone Ave., Indianapolis,
IN, 46205.

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- WHKARP NGYDPXIn this puzzle, P equals E. Good Luck!

There will be a prize for the cryptoquip.

ARCH
BLUES
CLARK
COMPROMISECORPSDISCOVERYGATEWAY
JEFFERSON CITYLEWISMISSOURI
SHOW MEST LOUIS

July Puzzle Solution

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Allen Dove was the winnerof the July Puzzle Contest.
Congratulations, Allen!

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Continued from page 1
mas Banquet in 2000. I bought a
1927-D quarter (Fine) from him inhopes of improving the conditionof the one in my collection. As you
may remember, Mr. Cline “wrote
the book” on Standing Liberty
Quarters (literally!). The ICC library may still have a copy of his
Standing Liberty Quarters, Third
Edition. You should ask our librarian, Lawrence Wisthoff.

Winners of the 2003 Exhibit Night - From left, backrow: Charles Alber, Lyle Pelkin, Dr. Robert Gerth, Coz
Raimondi, Allen Dove. Front row: Kurt Miller
The ICC Needs You
This November, our club will beholding its annual election. As
you may or may not be aware,
we currently have some vacant
and temporarily filled positions
on our Board. We currently needa Vice President, and will continue to do so, come November.
We will also need a Secretary,
and a Newsletter Editor/Webmaster, since I can no longer
fulfill the duties of the offices. I
will train the new editor/
webmaster, so they can benefit
from the methodologies I havedeveloped over the last four
years. Producing and mailingthe newsletter and doing the
webpage updates takes about
two days per month. Threeboard member positions will be
coming open as well. If you areinterested in serving in any ofthese or any other of the offices,
please contact Vinton Dove, at
257-1906, as he is in charge ofpreparing a slate of nominees
for this year’s election.

Found! - Missing 1913 Liberty Head 5¢ coin in closet
for 40 years - Dealer George
Walton’s ‘altered date’ coinproves genuine- posted 7/30/03
By Beth Deisher
COIN WORLD staff

The show seemed very similar to
the CSNS show in Indianapolis in
April, 2001, except that I think
there were more dealers, and the1913 nickel exhibit was there. Of
course, when you have more than
150 dealers at a show, I am not
too sure of the benefit of adding
50 or 75 more.
There was a very formal registration procedure that the public had
to go through. I was impressedby the security, also.
I had an exciting time, and I will
try to bring the handouts I received
describing the 1913 nickels and theother exhibits. Yes, there wereother exhibits at the show, but I
only had one day to shop, so my
examination of them was brief.
- Vinton DoveTo read the article associated with this headline,
please visit:
http://www.coinworld.com/news/081103/missingcoin.asp

4100
GREATEST U.S.
COINS BY JEFF GARRETT
AND RON GUTH WINS
AWARDS
Baltimore, MD August 5, 2003 —Both the Numismatic Literary Guildand the Professional Numismatic
Guild have chosen 100 Greatest
U.S. Coins by Jeff Garrett and Ron
Guth as the best numismatic bookof the year. This “coffee tablebook,” published by Whitman Publishing of Atlanta, GA, received thedistinguished honors recently during the American Numismatic Association (“ANA”) coin convention
in Baltimore.
The Numismatic Literary Guild criteria include a book’s impact onnumismatics, reader appeal, research, printing and graphics. The
Professional Numismatic Guild’s
Robert Friedberg Literary Award
recognizes the top coin book of theyear, as determined by the exclusive membership of PNG’s leadingcoin dealers.
100 Greatest U.S. Coins by veterancoin experts Garrett and Guth,appeals to collectors and non-collectors with its large color photographs of each coin accompanied
by fascinating historical and numismatic text. The 1804 Draped
Bust dollar was ranked as #1 followed by various denominations
and metals. “We believe the list wedeveloped will satisfy the majority
of collectors,” stated the authors.
Many coins such as the 1909-S Lincoln V.D.B. cent are still affordable
to the average collector.
“We are proud to be recognized bythese scholarly associations,”
stated Mary Counts, president of
Whitman Publishing LLC “our authors and staff strive to create
quality coin-related books thatappeal to the casual collector aswell as the expert. We have otherinteresting numismatic books in

the research stages for thehobby…we are committed to continuing the Whitman legacy.”
For more information contact: John
Appuhn, Whitman Publishing, 256246-1167.

Reprinted from ===========================================MPC GRAM===========================================
Covering the entire World ofMilitary Numismatics Series 004- No. 965, Tuesday, July 15,
2003
GARY E. LEWIS AND WILLIAM
H. HORTON JR. ELECTED NEW
ANA PRESIDENT AND VP;
THREE NEW GOVERNORS TO
JOIN BOARD
A new president and vice president, and three new and four incumbents have been elected to theAmerican Numismatic Association(ANA) nine-member Board of Governors, with 8,544 ballots cast in
the biennial election. ANA Vice
President Gary E. Lewis of Cape
Coral, Florida, was elected president, defeating ANA Governor
Patricia A. Finner of Iola, Wisconsin. Lewis received 4,589 votes toFinner’s 3,827. In the contested
election for the vice presidency,
Governor William H. Horton Jr. of
Keyport, New Jersey, defeated
Governor Kay Edgerton Lenker of
San Diego, California, by a vote of
4,391 to 3,919. New Board members are Alan Herbert, Donald H.
Kagin and Will Rossman. Incumbents re-elected are M. Remy
Bourne, Arthur M. Fitts III, Barry
Stuppler and John Wilson. Lewis,
a 43-year life member of the ANA,
was first elected to the Board ofGovernors in 1995 and has servedon the ANA’s Audit, Finance, Exhibit, Resolutions, Mediation, Commemorative Quarter and Young

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Numismatists Committees. He also
has served as a regional, district
and club representative and is the
1979 recipient of the ANA Outstanding Adult Advisor Award.
Horton, a 31-year life member ofthe ANA, was first elected to theBoard of Governors in 2001. The
general chairman of the 2000 ANA
World’s Fair of Money in Philadelphia, he is a co-founder and firstpresident of the Garden State Numismatic Association, and has
served as president of a numberof other clubs. Horton has served
on a number of committees for the
ANA and been recognized by several clubs for his outstanding contributions. All members of the ANA
Board of Governors elected thisyear will assume office during the
Association’s 112th Anniversary
Convention in Baltimore, Maryland,
July 30 - August 3. Installation of
officers will take place at the convention banquet on Saturday, August 2. Votes garnered by the winning candidates, as tabulated by
the independent accounting firmof Biggs Kofford & Company are:* 4,800 for M. Remy Bourne of
Vadnais Heights, Minnesota *4,260 for Michael S. Fey of Morris
Plains, New Jersey * 4,799 for
Arthur M. Fitts III of Framingham,
Massachusetts * 4,576 for Alan
Herbert of Belle Fourche, South
Dakota * 5,749 for Donald H. Kaginof Tibourn, California * 4,195 for
Bob Korver of Carollton, Texas *3,649 for Walter A. Ostromecki Jr.
of Panorama City, California *4,289 for Will Rossman of Estes
Park, Colorado * 4,939 for Stupplerof Woodland Hills, California *3,375 for Anthony Tumonis of Tucson, Arizona * 5,918 for John Wilson of Ocala, Florida.
Nearly 30 percent of the eligible ANA voting membership castballots in this election; nearly 28
percent voted in the ANA election
two years ago.

History of the Nickel,
Part Three
In 1883, the U.S. Mint issued theLiberty Head nickel, designed byWilliam Barber, whose son would
follow him as chief engraver ofthe Mint, and whose name would
be attached to the 1892-1916 silver coinage of that name. Although an attractive design with
the Liberty Head and Roman numeral “V”, for five, on the reverse(Victorian-era people thoughtthat Roman numerals looked“classier” than Arabic numerals),
Barber omitted one crucial element of the design - the word“cents”. This might have not beena problem, had it not been for
the fact that, at that time, thefive dollar gold coin was the same
size. Enterprising individuals
started gold-plating the nickels
and passing them as five dollar
gold coins, which was a hefty
profit in those days. These socalled “Racketeer Nickels” became such a problem that theMint hurriedly corrected the design before the end of 1883. They
replaced the “E Pluribus Unum”
motto at the bottom of the coinwith the word “cents”. Some of
the individuals who made the instant “five dollar nickels” evenwent through the trouble of reeding the edges, since the five dollar gold coin has a reeded edge.
Oddly enough, many people
thought that the “centless” vari-

ety would be recalled by the Mint,so this coin was widely hoarded.
Even today, it is one of the mostinexpensive 19th century coin to
be found in uncirculated condition. Even though the 1883 “withcents” variety had more than
three times the mintage figure of
the earlier type, the “with cents”
is much scarcer in uncirculated
condition. No further changes
were made to the coin until it was
discontinued, at the “official” endof the series in 1912. This final
year featured branch Mint issues
from Denver and San Francisco,and the 1912-S is considered to
be a “key” date along with the1885 and 1886 in this series, due
to low mintage.
Although no official minting of1913 Liberty Head Nickels was recorded, since the design was being replaced by the Buffalo or Indian Head nickel of that year, a
Mint employee struck some ofthese very rare coins. Only five
are known to exist. No one knew
they existed until 1919, when
they were displayed at the ANA
convention that year. The coinbecame one of the most famous

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American rarities thanks to Texas
coin dealer E. Max Mehl, who, in
the 1920’s and 1930’s throughhis Star coin catalogue, caused
millions of people to look throughtheir change in hopes of finding
the rare coin. He had a standing
offer to buy any of the coins.
Thanks to Mr. Mehl, the 1913 Liberty nickel joined such coins as
the 1804 dollar, the 1909 S VDBcent, and the 1955 double diecent as rare coins known to thegeneral non-collecting public. Although the 1913 Liberty nickel,
like many other “unofficiallystruck” mint issues, could be
subject to seizure as unauthorized issues, the U.S. Mint has
never pressed this policy, except
in the case of the 1933 twenty
dollar gold coin, and threatened
seizure of 1964 D Peace Dollars
and 1974 pattern aluminumcents.

Upcoming Coin Shows
August 24, 2003 - Terre Haute - Sunday, 9 AM until 4 PM, Wabash Valley Coin and Currency Show, Hulman Center,
200 N. 8th St., Terre Haute. Free Admission. Tables: 26. Table Fee: $40. For more info, call Marvin Mericle, 812-898-1260.
September 4 - 7, 2003 - Chicago, IL - Thursday through Sunday (Thursday - Dealers only & Early Bird Badges, 2:30 PM - 7 PM),
Friday & Saturday, 10 AM - 6 PM, Sunday, 10 AM - 3:30 PM, CSNS Fall Show, Chicago Area Park Place of Countryside Banquet
Hall, 6200 Joliet Rd., junction I-55 & Route 45 (LaGrange Rd.). Friday and Saturday night auctions, U.S. and foreign coins andcurrency, gold and silver jewelry, 120 dealer tables, seminars, exhibits, raffle prizes. Free admission and parking. For more info, callKermit Wasmer, 815-432-4636.
September 13-14 - South Bend - Saturday & Sunday, South Bend Coin and Currency Show, Comfort Suites, 52939 SR 933 N.,
South Bend. Free Admission. Tables: 10-15. Table Fee: $50. For more info, call David Brody, 574-272-9198.
September 27, 2003 - Greencastle - Saturday, 9 AM until 4 PM, Putnam County 4-H Fairgrounds on HWY 231, just north ofGreencastle. Numerous dealers will be present to: Buy, Sell, Trade - coins, currency, gold, silver, sports cards, tokens, foreign coins,
and other collectibles. Raffle drawing and door prizes. Free admission, everyone welcome.
Presented by the Putnam County Coin Club.
October 3, 2003 - Logansport -Sunday, 10 AM until 4 PM, Holiday Inn, Logansport, 3550 U.S. 24 East. Buy, sell, trade, appraise.
Admission Free, Public Welcome. Come and view: Paper money issued by Logansport Banks, Logansport Merchant tokens, Coinsof the Bible, 50-State Quarters. Sponsored by the Logansport Coin Club.
October 18, 2003 - Green County 4-H Fairgrounds - Saturday, 9 AM until 4 PM, Green County 4-H Fairgrounds on HWY 54,
just west of the intersection of HWYS 57 and 54. Numerous dealers will be present to: Buy, Sell, Trade - coins, currency, gold, silver,
sports cards, tokens, foreign coins, and other collectibles. Raffle drawing and door prizes. Free admission, everyone welcome.
Presented by the Bloomfield Coin Club.
October 25-26, 2003 - South Bend - Saturday & Sunday, South Bend Coin and Currency Show, Comfort Suites, 52939 SR 933 N.,
South Bend. Free Admission. Tables: 10-15. Table Fee: $50. For more info, call David Brody, 574-272-9198.
October 31 - November 1, 2003 - Indianapolis - Saturday & Sunday, ISNA Show, Indianapolis Marriott East. Free Admission.
Tables: 100. Table Fee: $295-$395. For more info, call Joyce Fischer at 765-649-0253.
November 22-23, 2003 - South Bend - Saturday & Sunday, South Bend Coin and Currency Show, Comfort Suites,
52939 SR 933 N., South Bend. Free Admission. Tables: 10-15. Table Fee: $50. For more info, call David Brody, 574-272-9198.
April 3, 2004 - Bloomington - Saturday, 9 AM until 4 PM, Bloomington Convention Center, 302 S. College Ave., Bloomington,
IN. Numerous dealers will be present to: Buy, Sell, Trade - coins, currency, gold, silver, tokens, foreign coins, and other collectibles.
Raffle drawing and hourly door prizes. Free admission, everyone welcome. Presented by Bloomington Coin Club.

Welcome to our newest club members - William Neal, Jim Fuson, and Mike Grider!

This month’s educational program will bea film on Coin Grading.
Don’t miss it!
There will be no Summer Social
this year - no one signed up
for it at the July meeting. Sorry.

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