The Planchet
A Publication of theIndianapolis Coin Club
January 2010 Issue 509

The next meeting will be Monday,
January 25th 2010
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.

This Months Presentation:
Hawaiian Coinage
2010 Meeting Dates:
Jan. 25th
Feb. 22ndMar. 22nd
Apr. 26th
May 24th
June 28th
July 26th
Aug. 23rdSept. 27th
Oct. 25th
Nov. 22ndDecember Banquet

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COINS

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Collecting U.S. Coins Since 1952

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MemberThe 2009 Indianapolis Coin ClubOfficers and Board Members
President
Jim Roehrdanz
Vice-President
Donn Wray
SecretaryVinton Dove
Treasurer
Don KingEditorMatt Dinger
Past President
Matt Dinger
Sgt-at-Arms
Jim Warden
Board Member 2009-2010 Dave Reid
Board Member 2009-2010 Bob Bettcher
Board Member 2009-2010 Mark Eberhardt
Board Member 2010-2011 Jim Fuson
Board Member 2010-2011 Marty Moore
Board Member 2010-2011 Michael White$35.00 for a business card size
ad for 12 issues!
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.

Trivia: Chop Marks?
What are those small stampings on some Spanish 8 Reales, Mexican Pesos, and English or USA
Trade Dollars? Are they what some coin dealers refer to as Chinese Chop Marks?
Yes, but, those who struck those Chop Marks didn't use that term. Those who appled the stampings
simply called them Chops or Marks as did those who accepted the coins stamped coins as legal tender. Those struck by India based banks are called Shroffs.
What are they? There are three answers to this question:(1) Most are authentication assurances by a bank, merchant, local political leader or a national government agent as to the worth of the coin. Area tradesmen, farmers, bankers and Chinese government assayers weigh, measure and read the text of the issuing country to determine the value of thecoin just as if the coin was an ingot. The authentication Mark or Chop is accepted by everyone whoknows the Chop applier. As the coin circulates throughout a country (i.e. China - Kwangtung, Fujien, Schezuan, Taiwan, etc.) or to another country, like Burma, Manchuria, India, Tibet and otherneighboring nations, other Chops are applied. These Chops may contain one, two or three characters.

Some Chops are not Chinese characters, but an English letter like Y or F being the first letter of theverifying person's surname. Most usually a missionary schooled person or a foreigner operating abusiness inside China or a neighboring country.

(2) Some Chops were applied by merchants who kowtowed to superstitions. They wanted good
fortune to smile on them so they sealed the transaction with wholesale suppliers or retail customers
by stamping good luck symbolson the coins involved in the purchase or sale. These symbols can be
an animal, bird, honey bee, fish or a flower.
(3) If any Chop on your coin is round and doesn't make a hole through your coin it is an assay test
Mark. To assure the coin is not silver plated and/or a counterfeit, an assayer or banker will cut out
a small piece to verify the coin is genuine and composed of silver and not a base metal plated withsilver before affixing their Chop to the coins. As silver readily oxidises, some coins will receive
more than one assay test Mark on its surfaces. Note: Other metal compositions (bronze, copper,nickel) may have Chops on them too.

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November 23, 2009 - Minutes of the Indianapolis Coin Club Meeting.
Open - The meeting was called to order at 7:00 PM by Club President Matt Dinger. 29 people signed the attenst
dance book, but there were 33 in attendance. We met at the Northside Knights of Columbus Hall, 2100 East 71
Street.
Visitors – The visitor was Jim Wistoff. Jim’s brother, Lawrence, was on the ICC Board for several years until hisdeath. It was good to see Jim.
The Treasurer’s report and the Secretary’s report were accepted as reported in the newsletter.
Old Business – Bob Bettcher reported that his ISNA Show Committee handed out about 125 “goodie bags” to visitors at the Show, half on Friday and the other half on Saturday. He also asked that anyone who has items for theNovember 2010 ISNA Show should bring the items to one of the ICC meetings and give them to him.
Dave Reid reported to the Club that he thought the ISNA Show was great, and that there were over 500 in attendance on Friday, and about the same number on Saturday.
New Business – Matt announced that the ICC Banquet would be on Monday, December 7, at 7:30 PM at Perkins
Pancake House, 86 th Street at Allisonville Road. There would be a gift exchange for those wanting to participate,
and the gifts should be about $15.00 in value. The Secretary announced that the dues cards would be mailed later
this week.
Election – The Nominating Committee announced that the nominees for 2010 were: Jim Roehrdanz, President;
Donn Wray, Vice Pres.; Vinton Dove, Secretary; Don King, Treasurer; Jim Warden, Sgt-at-Arms; Matt Dinger, Editor; and Jim Fuson, Marty Moore and Mike White, Board Members (2010-2011). Dave Reid moved to elect thosenominated by Unanimous vote, since they were running unopposed, Ivan Lephart seconded, and the motion passed.
Matt Dinger became the Past President, and Mark Eberhardt was appointed to the Board position vacated by Donn
Wray who is now Vice President.
The Educational Program – The program for the night was presented by Joe Boling. As usual, it was a fascinating program. I believe Joe is gifted that way. He had slides and examples of the coins he talked about, but I was socaptivated by the presentation that I forgot to write down the title of his program. That was in November, and it isnow January. I cannot remember that far back, so please forgive me Joe! I will put the title in next month’s
newsletter.
After the break, the 50/50 Drawing was run by Club Treasurer, Don King, and Gordon Knauer won the prize.
Auction – Joe Boling ran the auction. Most of the lots sold. Dave Reid, Bob Bettcher, Matt Dinger and Vinton
Dove assisted.
The club adjourned at 8:36 PM.
Respectfully submitted, Vinton Dove, Secretary