T he P lanchet- I . C. C. AUGUST 2023

Issue# 646

A.N.A. C-131170 - I.S.N.A. LM 243 - C.S.N.S. L-600

Established 1939 and celebrating over 80 years of service
to the coin collector.

The next meeting will be August 21st, 2023
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# 646

AUGUST, 2023

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:
August 21st, 2023
Meeting start time: 7:00 PM" Love Tok en s Revisit ed"
By An dy Nah r w old2

Issue# 646

AUGUST, 2023

A Few Words From Your Pr esident
by Sharon Bower
Hello,First, I would like to apologize for abruptly ending the auction and meeting lastmonth. If anyone is interested in the books that were in the auction, please let meknow. I will have them at the next meeting. If you need to conduct business or aconversation can not wait please take it out into the hallway.
For your information the following items are coming up; September is exhibit nightand November is elections and December is the holiday party. Look forward to seeing
you at the next meeting.
Sh ar on Bow er
Clu b Pr esiden t

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.

3

Issue# 646

AUGUST, 2023

2023 WFOM Pittsburgh
by Christopher Bower
Hello all. I just got back from the World's Fair of Money. I hadn't planned to go but I got a call about a month ago tolet me know that I would be getting an award. They asked if I wanted to pick it up or have them mail it. It was an easy choice
for me. Heck yes I wanted to pick it up in person.
Of course you can't go to a show without buying something. My purchases were few but they were all high quality
items. Sorry for the quick cell phone photos.

This Conder Token has been on my want list for a long time. This is often referred to as the Wildman token becauseof the obverse imtage. It cost me a bit but it is darn near perfect.

I met a new dealer, at least for me. His last name was Goetz and he is a medals dealer but doesn't collect medals by
Karl Goetz. Anyway, he had a great selection of world medals and the one below drew me in from across the bourse floor. It
is almost 8 ounces of silver and 100 x 77 mm. It is made in the art neuvaue style. Most of these "rectangular" medals are
uni-face but this one has a reverse that is almost as nice as the obverse.
Pittsburgh itself kind of surprised me. It's a beautiful city with a lot going on. There are plenty ofrestaurants and other entertainment for your pleasure.

4Issue# 646

AUGUST, 2023

The next couple of pictures are views looking from the convention out over the river. (sorry, I don't recall whichone). They say Pittsburgh has over 400 bridges. I believe it because it felt like you were constantly driving across one.

I didn't arrive at the show until Thursday afternoon and the crowd seemed a bit sparse on Thursday and Friday.
Apparently it was quite busy earlier in the week. This is a show that I wouldn't recommend waiting until Saturday to attend.
On Friday a lot of dealers were already packing up. All the dealers I spoke to said they had a good show which is good for thehobby.
The last photo is me and ex. ANA VP Joe Boling. He presented the award for joining the "Century Club". It's given
to any member that signs up 100+ ANA members.

5Issue# 646

AUGUST, 2023

Banknotes of the Petroleum Industry
Petroleum is a fossil fuel that?s formed from hydrocarbons that are buried underpressure for millions of years. In its purest form it is a black, opaque liquid with a thickconsistency. Petroleum is used to make many different products, including plastics,pesticides and fabrics. The petroleum industry consists of people who explore for oil, drill
wells to extract it from the ground, refine it into usable products such as gasoline or heatingoil, transport these products via pipelines or tankers, and sell them at retail locations suchas gas stations.
In the 1840?s, Abraham Pineo Gesner, a Canadian geologist developed a process torefine a liquid from coal and this created kerosene. This new substance could be used asfuel for heating and lighting. Gesner ?s discovery of kerosene was a commercial success andpaved the way for further petroleum advancements.
Oil drilling involves drilling holes into underground formations and then pumping
them full of pressurized water or steam to force out the desired product. Further refining
involves separating crude oil into its different components. These components are thenfurther processed into more useful substances called derivative products.

Saudi Arabia 5 Riyals | 2020 | Source:Banknote World

The oil boom around the world has created newfound fortunes, new industries, andemployment. Among the largest proven oil reserves in the world are Venezuela, Saudi
Arabia, and Canada. The discovery and use of petroleum has been an integral part ofmodern life. Since its discovery, it?s an important source of raw materials for plastics andother chemical products. Some countries have used their banknotes to show off the oil
industries in their countries. The obverse side of the Saudi Arabia 5 Riyals, 2020 features
the Shaybah oil refinery in Rub?al Khali and a portrait of King Salman bin Abdulaziz. Also theMexico 10 Nuevos Pesos, 1992 shows the La Cangrejera oil refinery and a portrait of the44th president, Lazaro Cardenas.

6Issue# 646

AUGUST, 2023

Mexico 10 Nuevos Pesos | 1992 | Source:Banknote World

Other banknotes dedicated the oil industry are the polymer Vietnam 10,000 Dong,
2020. Its obverse side shows the Vietnamese coat of arms and former president Ho Chi
Minh. Its reverse side shows a view of the offshore oil platforms in the Bach Ho Oil Field. Aninteresting fact is that polymer banknotes are made from petroleum byproducts. This
makes them more durable compared to paper banknotes and harder to counterfeit. In
addition, some countries use recycled plastics to make their polymer banknotes.

Vietnam 10,000 Dong | 2020 | Source:Banknote World

Edwin Drake (Right) In Front of His 1st Oil Well | Source:Wikipedia

For the complete article see: https://www.banknoteworld.com/blog/banknotes-of-the-petroleum-industry/7

Issue# 646

AUGUST, 2023

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!

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.

8Issue# 646

AUGUST, 2023

August 2023 Auction Lotsfor 8/21/2023
Description

Grade

Additional Notes

Starting Price

Narramore 1866 Lazy Deuce

Counterfeit Detector$25.0050C Fractional 3rd IssueCounterfeit Detector$25.00above

Type of Fr. 1324-38

We will have our normal
wide selection ofmint/proof sets, world
coins, paper money, etc.

Your auction lots could be listed right here.
Any active ICC member can put lots in to our monthly auctions.
Send them to the editor by the Thursday before each months meeting.

9Issue# 646

AUGUST, 2023

M in u t es of t h e ICC M eet in g on Ju ly 17, 2023

Open - The meeting was called to order at 7:00 p.m. The meeting was held at theNorthside Events Center, 2100 E. 71st., Indianapolis, Indiana. The at t en dan ce pr izes
were a 1979 Proof Canadian Dollar (donated by Gerald Coraz) and a 1933 S Half Dollar(donated by Donn Wray).
The Secr et ar y 's r epor t for June, 2023 was accepted published in the Planchet, by aduly made motion that was seconded. The Tr easu r er 's r epor t f or June, 2023 wasaccepted as published in the Planchet, by a duly made motion that was seconded.
Visit or s -None.
Repor t s of Com m it t ees ?None.
Old Bu sin ess?None.
New Bu sin ess·There was a discussion concerning members being aware of their surroundings,
especially dealers, when leaving coin shows to make sure to guard against beingrobbed.
·There was an announcement concerning details about the World?s Fair of Money CoinShow that runs from August 8-12, 2023 in Pittsburgh,
PA.https://www.money.org/worldsfairofmoney/
Nu m ism at ic f in ds: Not applicable this month.
Edu cat ion Pr ogr am : This month there were several presentations by members(atleast 6) in a ?show and tell? styled manner.
Au ct ion? The auction was busy. There were 10 sheets ($10 to the Club). There wasalso a donation in the amount of $7 to the Club.
Fif t y-Fif t y: The club received $47 from the 50/50. It was a large prize fund for thismonth.
John Alexander and Sharon Bower won the door prizes.
The meeting wasAdjou r n ed.
Respectfully submitted,
Gary Selig)
10Issue# 646

AUGUST, 2023

In dian apolis Coin Clu b
2023 M eet in g Dat es & Edu cat ion al Pr ogr am sJanuary 16, 2023 - ?1933 US Gold and Executive Order 6102?-by Kurt Miller* Prize sponsor: Kurt MillerFebruary 22, 2023 - 'Karl Goetz - Misunderstood?? - by Christopher Bower* Prize sponsor: Christopher Bower
March 20, 2023 - 'Buffalo Nickels' - by Vinton Dove* Prize sponsor: Gerald CorazApril 17, 2023 - 'Episcopal War Service Crosses: A Mark of Identity? - by Louise Boling* Prize sponsor: Louise BolingMay 15, 2023 - 'Official Counterfeiting' - Joseph Boling* Prize sponsor: Joseph Boling
June 19, 2023 - 'Indiana National Currency? - by Kevin Hunt
* Prize sponsor: Kevin Hunt
July 17, 2023 - Show and Tell Night* Prize sponsor: Gerald Coraz & Donn Wray
August 21, 2023 - 'Love Tokens Revisited? - by Andy Nahrwold* Prize sponsor: Andy Nahrwold
September 18, 2023 - Exhibit Night* Prize sponsor: I. C. C.
October 16, 2023 - 'T.B.A' - by Jim Roehrdanz* Prize sponsor: Jim Roehrdanz
November 20, 2023 - ?The Annual State of the Hobby Address?- Mark Eberhardt* Prize sponsor: T.B.A.
Tuesday, December 5, 2023 ? NO MEETING - I.C.C. Holiday Banquet* For 2023 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 werespect 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.

11Issue# 646

AUGUST, 2023

Tr easu r er 's Repor t f or Ju ly 2023:
My treasurer 's report is as follows: after the July meeting, I deposited $104 into the club account. I mailed
a check to the North Side Events & Social Club for $100 for room rental for our August 21 meeting. I
received the bill for the club's liability insurance policy for $300 (annual premium). I will be mailing checkto pay the premium and that will lower the balance in the club's checking account to $25,390.77.

Jerry C.

$3827.44

Th e 2023 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
Jim Sukup
Treasurer
Gerald Coraz
Newsletter Editor
Christopher Bower
Past President
Jim Sukup
Sgt-at-Arms
Jim Warden
Board Member 2023-2024
Vinton DoveBoard Member 2023-2024
Andy Nahrwold
Board Member 2023-2024
Jim Roehrdanz
Board Member 2022-2023
Louise Boling
Board Member 2022-2023
Jeff Bercovitz
Board Member 2022-2023
Steve Howery

Wildm an Coin s
Christopher Bower
ANA# LM7017
Specialist in World Coins,
Tokens, and Medals

443-786-6584
ch r isb8626@m sn .com

12

Issue# 646

AUGUST, 2023

Th e Coin Hu n t

317-500-3779
7172 N Keyst on e Ave,
Su it e F
In dian apolis, IN 46240

Closed M on day
Tu e-Fr i 10:30AM -5:30PM
Sat 10AM -2PM

13

Issue# 646

AUGUST, 2023

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
14