The PlanchetNovember 2013

Issue #539

The next meeting will be
Monday, November 25th, 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:“Small Size Type Currency” by Donn Wray
Next Month:
Monday December 3rd, 2013, at 6 pm.

Annual ICC Holiday Banquet at Broadripple MCL Cafeteria
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/

$$$$ “ALWAYS BUYING” $$$$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

Appraisals
Buy & SellPhone(317) 769-6564

David C. Reid

VINTON DOVEBusiness ConsultantCollecting U.S. Coins Since 1952(317) 257-1906
Fax(317) 257-2220

Jim Fuson
Retired Teacher & Coach

Coins & Stamps“30 Years of Excellent Service”

Collector of old U.S. Coins
And old Sports Cards
Also have some coins and cards for sale

Member
ANA * CSNS * ISNA L.M.
CNA * ONA * ICC L.M.

5795 E. Co. Rd. 350 S., Plainfield, IN 46168
ICC & ANA
(317) 839-5178

Your ad could be right here!

Advertise in the Indianapolis CoinClub Newsletter! The cost is only
$35.00 for a business card size adfor 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.

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 Vaughn
Dave Reid
Bob BettcherGary ConnerOctober 28, 2013 - Minutes of the Indianapolis Coin Club Meeting.
Open – The meeting was called to order at 7:10 PM by Club Past President, Jim Roehrdanz. 35
people signed the attendance book. We met at the Northside Knights of Columbus Hall, 2100
East 71st St.
Visitors – Alison Brown and Joe Dankowski introduced themselves.
The Treasurer’s report and the Secretary’s report were accepted as published in thePlanchet.
Old Business – A report on the 75th Anniversary Medals was given by Vinton Dove, the chairman of the Committee. It is the Board’s goal to sell the Silver Medals for $41.00 each, and theBronze Medals for $6.00 each. Presentation Boxes will cost extra. A Single coin box is $4.00
and the two coin box is $8.00. Both coins in a box will cost $55.00. The Club will accept
more orders through the November meeting. Please send an email or call the Secretary
before the November meeting if you will not be able to attend. The Board will decide how
many medals to make based on the number of people ordering medals through the end of November. Orders will be accepted after that date as long as supplies last.
New Business – Jim reminded the Members that the ISNA’s annual coin show will be November 1 & 2, (Friday and Saturday) at the Marriott Hotel, 21st Street and Shadeland Avenue. He
also reminded everyone to bring their Young Numismatists on Saturday for the Y.N. Coin auction. Jeff Sutton said he would bring plenty of Boy Scouts.
The Attendance Drawing (Door Prize) was awarded to Alison Brown.
The Educational Program – The State of the Hobby program was given by Mark Eberhardt,owner of FUBA Coin. He titled his presentation “What’s Hot and What’s Not.” Gold and Silver are not as hot as last year, since Gold’s price is about $500.00 per ounce less than last year
and Silver is $20.00 less. Currency is up; Green Seal Notes are HOT. Mercury Dimes areHOT; Kennedy Halves, 1996 to 1998, are hard to find and have some very high Unc. roll
prices. All denominations of 1983 Unc. rolls are HOT! 1969 dimes are $2.00 each in AU; latedate Mint and Proof sets (2010 – 2012) are DEAD!! Mark closed with this caution – when buying over the internet, be cautious, and as always, buy the coin, not the slab. Another excellent
program.
After the Break, the 50/50 Drawing was run by Bob Bettcher and won by Andy Nahrwold
Auction – Joe Boling ran the auction. Assisting were Bob Bettcher, Vinton Dove and Jim
Roehrdanz.
The meeting was Adjourned at 8:36 PM.
Respectfully submitted, Vinton Dove, SecretaryIndianapolis Coin Club, Inc.
General Ledger for October, 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:$30.00$13.00$ 9.00$52.00

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.):$50.00Total Disbursements:$50.00Net Gain or Loss for Month:$ 2.00

Check Book:
Starting Balance:
Cash/Check In:
Checks Out:
Ending Balance:$5,244.34$ 52.00$ 50.00$5,246.34

From the Editor
As noted on page 1, the annual Banquet will be held on Tuesday, December 3, at 6:00 PM, at
MCL Cafeteria in Broadripple, (2121 E. 62nd Street). Please come! There will be a gift exchange for those desiring to participate. Bring a gift valued up to $20.00 (wrapped) to participate. Feel free to bring a friend if you wish.
Don’t forget, 2014 club dues are due. You should receive a reminder in the mail this week.
Also don’t forget to order your ICC 75th Anniversary Medals! $10 for a bronze medal, and $40
for a silver medal, each in it’s own presentation box. $50 will get you a bronze and a silver
medal in a two coin presentation box. Reserve your medals now!
——————————————————————————————————
I attended the ISNA’s annual coin show earlier this month. It had a great turnout, and was very
enjoyable. Among my purchases were a couple of ancient coins, from 3rd Century Rome.
I did some research (quite a lot, actually), and was intrigued to find that as precious metal supplies went down, currency debasement occurred, and the Romans started to basically silverplate their coins. I found the following article on the Raleigh Coin Club’s website, which isreprinted by permission.

Now How Did They do That?
By Paul J Landsberg
Wasn’t there a TV show by that name? Every once in a while you run across a scholarly article onnumismatics that piques your interest in areas that you never really spent any thought on. I found
the following article:
Experimental investigation of silvering in late Roman coinage by C. Vlachou, J.G. McDonnell, R.C.
Janaway that can be found at: http://www.forumancientcoins.com/historia/Silvering%20on%
20Roman%20coins.pdf. The really surprising thing is that the silver wash on coins that were destructively tested was only a few microns thick and many of them contained mercury and the layer
was only a few microns thick. A micron is one millionth of a meter and used to be the measure ofunit in semiconductor manufacturing. A human hair is 50 to 100 microns thick…
Now this article appears in a Materials Research Society publication so you can imagine this won’t
be like reading a USA Today article. The article was looking deeper into the silvering on late Roman coinage. Rome faced incredible economic pressures and they rapidly debased their silver coinage with bronze starting around 250 AD. However, in an attempt to maintain the image of soundcoinage, the Romans used what we normally term “silver wash” to give their coins. I think we are
all familiar with debasement so there are no surprises here.

Imagine yourself to be Mintus Maximus, the newly appointed Roman mint master who is a time
traveler from the 21st century who has just been mandated to lower the silver content but keep up
appearances. The first step of simply mixing more copper into the silver during the smelting process
might be easy enough. The second step, of applying a silver wash once the silver content of theblanks is a real head scratcher. Oh, I’m sure it can be done but how could you, as poor Mintus, dothis in the context of what had to be mass manufacturing requirements? The Romans minted hundreds of thousands, if not millions of coins per year, how do you apply a silver coating, some millionths of a meter thick, to hundreds of thousands of coins. Remember, your life depends on it!!!
As a final note, do ignore the scientific jargon in the article and take a read. It is an interesting window into capabilities of the ancient mint that we definitely do not understand!!

Reprinted with permission from the Raleigh Coin Club and Paul J Landsberg.

I read the technological article linked above, and still had trouble grasping the science behind it.
What it seemed to boil down to was that the modern methods used were able to duplicate theancient silvering of coins, but no explanation was given as to how hundreds of thousands ofcoins were mass produced.
A bit more research indicated that a copper alloy coin containing 5% silver could be dipped in asolution of corrosive salts and acids, which would dissolve out the copper and leave a microscopically thin layer of silver on the surface. The coin could then be struck with dies, whichwould flatten and spread the silver across the face of the coin. While the coin would have a silvery finish, it would soon wear off in circulation.

Thanks for reading, and I hope to see you all at the banquet!

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

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 WhiteJune 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 3, 2013 – NO MEETING - I.C.C. Holiday Banquet – Broadripple MCL Cafeteria*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.