A Publication of the Indianapolis Coin Club
Issue # 468

Newsletter

February 2006

Membership numbers: ANA C-131170,

The Meetings of the Indianapolis Coin Club are held the fourth Monday of eachmonth at the Nora Library at 8625 Guilford Avenue 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.

The next meeting will be
Monday,February 27, 2006!

VOLUNTEERS NEEDEDNational Coin Week is April 9th through April 15th and the Indianapolis
Coin Club is looking for volunteers to help. First thing we need is to form acommittee that will meet right away. We need members that will be willing to
make calls, setup events, distribute literature and coins, etc. We will also needeveryone’s help in making contacts with the media and places of interest, likebanks, schools, libraries, museums, etc. The idea is to have a coordinated effort
to create a buzz about town for one week and to draw new members to ourclub. If you are interested in helping this effort call Mark at (317) 837-5682 orsee him at the February Meeting on the 27th. Let’s make this a fun time for all!

$$$$ “ALWAYS BUYING” $$$$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

VINTON G. DOVE
Certified Public Accountant
Collecting U.S. Coins Since 1952

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

Jim Fuson
Retired Teacher & Coach
R.O.M.A. COIN

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

Specializing in U.S. RARE COINSORVA (ORV) DETRICK
Professional Numismatist

PO Box 267
Donnelsville, Ohio
45319-0267
Phone: 937-882-6730
Cell #: 937-284-0412
E-mail: Romacoin@aol.com

Advertise in the Indianapolis Coin Club Newsletter! The cost is only $35.00 for abusiness card size ad for 12 issues!

The 2005 Indianapolis Coin Club
Officers and Board Members
President
Mark Eberhardt
Vice-President
Jim Roehrdanz
Secretary
Jim Goaziou
Treasurer
Karl Kreck
EditorAmy Eberhardt(fubacoin@aol.com) ph. (317) 837-5682
Past President
Vinton Dove
Sgt-at-Arms
Jim Warden
Board Member 2005-2006
Dave Reid
Board Member 2005-2006
Donald Black
Board Member 2005-2006
Allen DoveBoard Member 2006-2007
Jim Fuson
Board Member 2006-2007
Cos Raimondi
Board Member 2006-2007
Charles Alber

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 Monthly Planchet, February 2006

Table of Contents
Volunteers Needed

-

Cover

Advertisers-

Page 2

Secretary’s Report-

Page 3

Treasurer’s Report-

Page 3

New Orleans Mint-

Page 4

Survey-Pages 5-7

Page 2

Secretary’s Report
January 23, 2006
The meeting was opened at
7:00pm by President Mark Eberhardt. Mark gave a short speech
about what he hopes will happen in
the Club over the next two years.
He hopes to increase membershipand increase the Club’s visibility in the Indianapolis
area and in the numismatic world. He advanced several ideas, including an appearance on a radio station
to promote numismatics and the Club, and a coin show
in the spring of 2007.
The Secretary’s report and Treasurer’s report wereread and accepted.
Mark announced that the Board of Directors had
approved a deficit budget for 2006, which had funding
for several projects. He then issued a challenge to themembers of the Club to come up with fund raisers tobalance the budget. The most appropriate fund raiser
for a coin club is a coin show, and he urged the members to support the Show Committee in their efforts,
both in planning and the operation of the show. Marksaid the next Club Show would be in April 2007, since
the lead time for advertising, etc., has precluded a
Spring 2006 Show.
Past President Vinton Dove appealed to the members to help him find a location for the show. A goodidea would be a High School gymnasium, where an
Alumni or Parent group from school would offer foodand drinks and the Club would run the show.
ICC Member and ISNA Vice President Cos Raimondi offered the assistance of the ISNA to our Clubin every area, including contract negotiation and management of the show.
National Coin Week was announced to be April 9th15th, 2006. Mark urged the club members to participate, and said the Club would try to put on a program
for the Metropolitan area to raise awareness of numismatics and our Club.
After the break, Donn Wray gave the educational
program. It was a very interesting presentation on
Maria Theresa Thalers. He distributed a paper listing
how to identify the different types and varieties, which
he called “Ye Olde Cheat Sheet,” and circulated several examples of the Thalers.
A spirited auction was run by President Eberhardt
and the meeting was adjourned at 8:45pm.

Treasurer’s Report
January 2006
Income:50/50 Drawing
ICC auction donation
New Advertiser
14 Membership Dues
1 Junior Membership

Expenses:
WV-P Quarters
Newsletter Postage
Newsletter Printing
ANA Yearly Membership

December Checkbook Balance
January Checkbook Balance
ICC CD Balance$ 28.00$ 4.00$ 35.00$168.00$ 5.00$240.00$ 13.50$ 31.20$ 24.43$ 36.00$105.13$2,946.10$3,081.49$17,098.27

Respectfully Submitted,
Karl Kreck—Treasurer

Educational
Program for
February is being
handled by
Jim Warden.

Respectfully Submitted,
Vinton DoveThe Monthly Planchet, February 2006

Page 3

The New Orleans Mint
By Amanda Rondot

The branch mint at New Orleans, LA was authorized by the Act of March 3, 1835 for the coinage ofboth silver and gold coins. The mints at Charlotte, NC and Dahlonega, GA were authorized by the same act,
though they were established to mint only gold coinage. This act also placed the supervision of the branchmints under the Director of the Mint in Philadelphia and extended to the branch mints “the laws governing theMint of the United States.”
President Andrew Jackson supported the establishment of this mint in order to help with economic
development in the West. New Orleans was chosen for the location, since a large amount of metal for coinage
was imported through the port. In June of 1835, the city of New Orleans deeded property on the Mississippi
River to the United States for the mint.
The mint building was designed by William Strickland in a Greek Revival style. Unfortunately,
Strickland never went to New Orleans throughout the course of planning and construction. This resulted instructural problems with the building, because the foundation was not the type required for the local soil. The
foundation was laid in 1835. Minting operations began in 1838, though the building was not yet complete.
That year, only dimes were minted at New Orleans. The original machinery was hand operated. It was not
until 1845 that steam presses were used at New Orleans.
In 1854, P.G.T. Beauregard was hired to fireproof the building and add structural supports. On January
31, 1861 the state of Louisiana took control of the mint. From March 31 to May 31, minting operations
continued under the control of the Confederate States of America. Operations ceased when bullion for minting
the coins ran out. Estimates place the amount of bullion coined by the Confederacy at over $200,000. Aftercoinage ended, the mint was used to house Confederate troops.
The Union captured New Orleans in 1862 and regained possession of the mint. Much of the machinery
had been damaged in the war, requiring extensive repairs before operations could resume. The New Orleans
Mint was reopened in 1876 as an assay office. Coinage was resumed in 1879 and continued until 1909, when
officials decided that the Denver and San Francisco Mints could sufficiently handle demand for coinage.
Throughout its years of operation, this mint produced gold dollars, quarter eagles, half eagles, eagles, anddouble eagles. Silver dollars, half dollars, quarters, dimes, and silver three-cent pieces were also coined.
The building again served as an assay office from 1909 to 1919. After that, the Veterans Bureau was
granted use of portions of the building. Other uses of the building included a federal detention center and acoast guard receiving station. The building was closed for good in 1942. In 1966, the federal governmenttransferred control of the New Orleans Mint building to the state of Louisiana. Restoration of the building did
not begin until 1977, due to troubles with funding. Currently, the old New Orleans Mint building serves as a
museum, housing both the Louisiana Historical Center and the Amistad Research Center.

Happy Valentine’s Day
The Monthly Planchet, February 2006

Page 4

This survey is to help the Officers and Board of the ICC better understand what our members are looking for and to help us grow the club. All surveys will be compiled together and results published as agroup so that no one person will be singled out. Please circle the answer that best fits your opinion, or using the 1 to 10 scales when asked, 1 will always be POOR and 10 will be OUTSTANDING. Please answer
all the questions.
Club
Are the dues of $12 a good bargain? Yes No
Would you still be a member if the dues went to $15.00? Yes No
Would you still be a member if the dues went to $20.00? Yes No
Would you bring a friend/family member with similar interest to the meeting? Yes No
Do you think the club is dong enough to promote the hobby? Yes No
How important is it to you that the club promotes the hobby to young people:
Very Important
Important
Not Important at All
Do you think the Officers and Board are running this club appropriately? Yes No
Overall Satisfaction with the club. (Scale of 1 to 10, 1 being poor, 10 outstanding)_____
Main Reason for becoming a Member: _______________________________________ICC Monthly Meeting
Attendance
About how many meeting have you attended in the last 2 Years?
0 to 5 6 to 10 11 to 15 16 to 20 ALL
If you answered 0 to 5 and live in the Indy area, would you attend moremeetings if you had assistance to get to and from the meeting. Yes No
LocationIs the Nora Library location suitable for the clubs needs? Yes No
Is the current location (Nora Library) convenient for you? Yes No
If the meeting was moved more centralized (Downtown Indy) would you attend:
The Same More Often Less Often
Dealer Setup
Do you or would you buy coins at the meetings? Yes No
Overall satisfaction of the dealer setup program: (Scale of 1 to 10) _________
How important is it to you to have dealers setup: Very Important Not
Business Meeting
Length of the meeting: (Scale of 1 to 10) ________
Quality of the Secretary’s Report: (Scale of 1 to 10) ________
Quality of the Treasurer’s Report: (Scale of 1 to 10) ________
Quantity of information given: (Scale of 1 to 10) ________
Quality of information given: (Scale of 1 to 10) ________
Educational Program
Is the amount of time given for the programs appropriate? Yes No
Are the programs Educational? Yes No
Overall Quality of the Educational Programs: (Scale of 1 to 10) ________In the last 2 years, whom or what was your favorite program or topic:_______________________________________________________________
How important is it to you to have an Educational Program at the Meetings:
Very Important
Important
Not Important at All
Do you or will you participate in Exhibit Night this coming August? Yes No

The Monthly Planchet, February 2006

Page 5

Overall Quality of Displays on Exhibit Night: (Scale of 1 to 10) ________
How important is it to you to have an Exhibit Night: Very Important Not
Do you think the club should have programs for Junior Members? Yes No
If you have kids would they attend programs aimed for Juniors? Yes No
Refreshments
Quality of refreshments: (Scale of 1 to 10) ________
Quantity of refreshments: (Scale of 1 to 10) ________
How important is it to you that refreshments are served:Very Important Not
50/50
Do you participate in the 50/50? Yes No
Overall Satisfaction with the 50/50 Program: (Scale of 1 to 10) ________
Would you participate in other fund raising activities during the meeting? Yes No
AuctionDo you place items in the Auction? Yes No
Do you bid on items in the Auction? Yes No
Is there enough time for the Auction? Yes No
Are you pleased with the way the auction is conducted? Yes No
Quality of items put in the auction: (Scale of 1 to 10) ________
Quantity of items put in the auction: (Scale of 1 to 10) ________
How important is it to you that we have an Auction at the meeting:
Very Important
Important
Not Important at All
Newsletter
Do you read the Newsletter? Yes No
Quality of the information: (Scale of 1 to 10) ________
Quality of the articles: (Scale of 1 to 10) ________How easy is it to read: (Scale of 1 to 10) ________
Would you run a small classified Ad for $1.00 per month? Yes No
Does it arrive in a timely/quality manner? Yes No
Are you willing to have the newsletter emailed to you instead of mailed? Yes No
Overall quality of the newsletter: (Scale of 1 to 10) ________
How important is it to you that we have a Newsletter: Very Important Not
WebsiteHave you ever visited the ICC’s web site? Yes No (If yes how often)___________
Did you know that if you buy anything from Amazon through our web site that the ICC
receives a finder’s fee? Yes No
Would you be willing to get your Newsletter by downloading it from the web site insteadof by mail? Yes No
Overall Quality of our web site: (Scale of 1 to 10) ________
How important is it to you that we have a web site: Very Important Not
Social Parties
Summer Picnic
In the last 3 years did you attend a Summer Picnic? Yes No (If yes how many)___If we have one this year and had some kids events would you come? Yes No
Would you bring your family? Yes No
How important is it to you that we have a Summer Picnic: Very Important Not

The Monthly Planchet, February 2006

Page 6

Holiday (December) Banquet
In the last 3 years did you attend a Holiday Banquet? Yes No (If yes how many)___If we have one this year and we had some kind of gift exchange would you come?
Yes
No
Would you bring your family? Yes No
How important is it to you that we have a Holiday Banquet: Very Important Not
Outside Activities
Do you think the club should do something for Coin Week in April? Yes No
Do you think the club should do activities outside the meeting? Yes No
Do you think the club should do displays in places like Museums or Libraries? Yes No
How important is it to you that the Club conducts Outside Activities:
Very Important Important
Not Important at AllShow
Do you think that the club should pursue putting on a Club Show? Yes No
I think the club should only put on a show:
A. If it can make a profit. B. If it can break even. C. Even if it takes a small loss.
If the Club were to put on a show would you attend? Yes No
How important is it to you that the ICC sponsors a Show: Very Important Not
Volunteering
Would you be willing to run for a Board or Officers Position? Yes No
Would you be willing to sell Raffle Tickets to help support the club? Yes No
Would you be willing to write an article for the Newsletter? Yes No
Would you be willing to present an Educational Program for a meeting? Yes No
Would you be willing to help out at the meeting? Yes No
Would you be willing to participate in a Club sponsored Outside Activity to Promote the
Hobby? Yes No
Would you be willing to work on the show committee in some capacity if we have ashow? Yes No
Do you feel that this survey is a good idea? Yes No
Any comments made may be shared in general but not identified to whom stated it. Please shareyour ideas. __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Thanks for your help. Please return this survey by bringing it to the February meeting or mailing it backto the Clubs P.O. Box. All surveys need to be returned or mailed back by March 1st 2006.

The Monthly Planchet, February 2006

Page 7