T he P lanchet- I . C. C. JANUARY, 2018

Issue#585

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

Established 1939 and celebrating over 75 years of service
to the coin collector.

The next meeting will be M onday, Januar y 15, 2018
Meetings of the Indianapolis Coin Club are now held the third Monday of each month at
the Northside Knights of Columbus 2100 E. 71st Street in Indianapolis, Indiana.
The Meetings consist of a business session, educational program, an intermission, and anumismatic auction.
Doors open at 6:00pm, meeting will begin at 7:00pm.

JANUARY, 2018

Issue# 585

A Few Words From Your Pr esident
In the two months since we had our last meeting, a couple of club activities have occurredthat are worthy of note. Our Holiday Banquet, which was held at the MCL Cafeteria in
Castleton, was a success, and most members and their guests also took part in the "whiteelephant" gift exchange. Over 20 people were in attendance and a grand time was had byall. Also, the ICC Board of Directors had its first meeting of the year yesterday, with the main
topic of discussion being the ICC budget for 2018. An update will be discussed during
tonight's meeting.
In general, the club had a successful year during 2017. Our first full year of meetings on thethird Monday of the month, rather than the fourth, continued to be best for our clubmembers given the parking situation at our venue. We continued to have excellent
educational programs given by our club members. (I hope that this year, more members
who are not on the board will volunteer to give talks.) Our Exhibit Night did not have quite
the number of participants as in the past several years, but the exhibits were very good andour members were impressed with the time and effort put in by those who participated.
The club established the "Jerry Lebo Junior Numismatist Award" in 2017, and the first two
awards were presented to JN's in 2017. Our auctions were once again lively and compelling,
and many club members consider it to be one of the highlights of our meetings. And ourHoliday Banquet, as mentioned above, was a great and well-received event.
A changing of the guard took place at our Holiday Banquet, which is when new andre-elected board members take office. The president, vice-president, secretary, treasurer,sergeant-at-arms, and past president all retained their positions from last year. One named
position changed, that of editor, because Andy Nahrwold stepped down as editor of Th e
Plan ch et after several years. Chris Bower is taking over that position and is our newest
Board Member. Andy, on behalf of all of our members, thanks very much for your hard
work and time commitment in making Th e Plan ch et the excellent publication that it is. It iseasy to forget how much time and effort it takes to compile it each month. Chris, welcome
to the Board, and thanks for volunteering to do the work of editor. Also, three Board
Members from the 2016-17 rotation are now in the 2018-19 sequence.
In looking at past issues of Th e Plan ch et , there were about 85 club members when I joined
the club 8 or 9 years ago. Today our membership stands at 65. This is a concern to me. Irecently read in Numismatic News that the San Francisco Coin Club (!) is disbanding. As I
pointed out last January, new members and committed long-time members make for amore vibrant and successful club over the long haul. I urge all club members to try to
recruit new members or try to get potential members to come to our meetings.
We are in need of additional speakers for our educational programs for this year. Do anymembers have a certain topic that they would like to have presented at one our meetings?
Better yet, do any members have topics they would like to present at an upcoming
meeting? Please see our VP Steve Howery with your potential topic(s) or suggestions.
I thank our membership and the ICC Board for your support as my second year of being
your club president begins. I look forward to seeing you at all of our meetings during 2018.

JimSukup

INDIANAPOLISCOINCLUBEDUCATIONALPROGRAM
This month?s Educational Program will be:?M ilitar y Challenge Coins?
by Sharon Bower
Next Month?s Meeting Date & Program:
Monday, February 19th, 2018, at 7 pm.
?Coins are Where You Find Them? by Jim Sukup

JANUARY, 2018

Issue# 585

ROBERT E. LEE IN NUM ISM ATICSJohn Kraljevich's has been writing blogs on the Newman Numismatic Portal. This blog entry
covers Robert E. Lee in Numismatics. Here's an excerpt - see the full article on line. -Editor
Public art reflects the identity, history, and priorities of the nation that produced it,from the largest statue to the smallest coin. As a discipline, numismatics helps us
understand the imagery that appears on coins, medals, and paper money: whodesigned it, what inspired it, where it was used, and by whom.
The current debate about the disposition of monuments erected to honor theConfederate States of America enables us to examine what coins, medals, and paper
money have in common with other forms of public art, along with the evident
differences. The most obvious contrasts are scale and location: there are nonumismatic items that are 10 feet tall, nor any that dominate a public square. On theother hand, government issued coins dominate the theoretical public square in a waythat no single statue ever could.
The lack of a standard book, monograph, or article written on the coins and medals
that depict Robert E. Lee is an intriguing omission in the literature. The resources ofthe Newman Numismatic Portal can help fill that gap. If an author ever wished tocatalog Lee?s numismatic memorials, this would be a prime place to begin.

The first reference to a numismatic item related to Lee appears in the Proceedings of
the Numismatic and Antiquarian Society of Philadelphia for May 1865 throughDecember 1866. (https://nnp.wustl.edu/library/book/515661?page=16).

JANUARY, 2018

Issue# 585

The minutes of the January 4, 1866 meeting record that among the donations madeto the society were ?seven white metal medals by [Philadelphia dealer and medalist]Mr. Charles K. Warner,? including one depicting General Ulysses S. Grant on theobverse with a reverse inscribed ?SURRENDER OF GEN. LEE TO GEN. GRANT APRIL 91865.? This same reverse was later muled to obverses depicting both Washington(listed as Baker-625,https://nnp.wustl.edu/library/book/512400?page=245) andLincoln.
The first medal depicting Robert E. Lee was issued in 1871, shortly after his 1870
death, though the exact circumstances of its issuance remain undiscovered. Like mostof the 19th century medals related to Lee, this portrait piece was issued to support
the fundraising for a Lee commemorative statue, a process that typically blurred thelines between public and private spheres. Sold to support the construction of a Lee
memorial in New Orleans, the 1871 Lee tribute medal depicted his bust facing left on
the obverse with an inscription that included ?Who Will Ever Live in the Hearts of His
Countrymen? and the names of four of his principal battles: Manassas, Spotsylvania,Fredericksburg, and Wilderness. The reverse showed the seal of the state of Virginiawith Lee?s birth and death dates.
The marketplace for this medal, which is known in white metal and bronze, wasclearly outside of the numismatic marketplace, as reflected by the length of its
absence in the NNP auction catalogue database. The first auction appearance was inEd. Frossard?s March 23, 1881 sale, a full decade after the medal?s creation, where an
example brought 95 cents, a strong price that reflects its then-perceived rarity. One
wonders what Frossard, a for (https://nnp.wustl.edu/library/PersonDetail/776), might
have thought of it.
To read the complete article, see:
The Portal Opens #2 (John Kraljevich): Robert E. Lee in
Numismatics(https://nnp.wustl.edu/blog-post/514744)

Edit or ?s Not e:
I have proposed that each month the educational speaker has theopportunity to write an article on their presentation and have it
published in the Planchet the following month. The is not meant to be arequirement of doing a presentation.

JANUARY, 2018

Issue# 585$$$$ ?ALWAYS BUYING? $$$$

VINTON DOVE

PAYING TOP PRICES FOR ALL
U.S. COINSBusiness ConsultantCollecting U.S. Coins Since 1952

DON?T SELL WITHOUT GETTING OUR OFFER!!!

LARRY HYLTONHome (317) 257-1906
Cell (317) 910-4205

BROWNSBURG, IN
ANA, ISNA-LM, CSNS-LM(317) 852-8458

You r ad cou ld be r igh t h er e!

Th e 2018 In dian apolis Coin Clu b
Of f icer s an d Boar d M em ber s:President
Jim Sukup
Vice-President
Steve Howery
Secretary
Vinton Dove
TreasurerMark Eberhardt
Newsletter Editor
Christopher Bower
Past President
Michael White
Sgt-at-Arms
Jim Warden
Board Member 2018-2019
Gerald Coraz
Board Member 2018-2019
Paul Vaughn
Board Member 2018-2019
Jim Roehrdanz
Board Member 2017-2018
Donn Wray
Board Member 2017-2018Jeff Bercovitz
Board Member 2017-2018
Bob Bettcher

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
ad f or 11 issu es!

JANUARY, 2018

Issue# 585

Novem ber 20, 2017 - M in u t es of t h e In dian apolis Coin Clu b M eet in g.
Open ? President, Jim Sukup, called the meeting to order at 7:00 PM. 39 people were present. We
met at the Knights of Columbus Hall, 2100 East 71st Street. The door prize was announced as a1945 XF-45 Half Dollar, donated by Mark Eberhardt.
The Secretary?s report and Treasurer ?s report were accepted as published in the Planchet.
Visit or s ? None
Com m it t ee r epor t s ? None
Old Bu sin ess ? It was reported that the special edition of the Planchet was considered to be a huge
success by all who commented. It was distributed for free at the ISNA show on October 27 & 28.
New Bu sin ess ? Jeff Bercovitz reported that the George Rogers Clark Quarter was handed out inVincennes, at Riverfront Pavilion on Tuesday, November 14. Kills! Gary Selig found a $100,000 notefrom Uzbekistan. Joe Boling reported finding three different notes: a 10 Franc note dated 1927 inBrown, which was usually printed in Green, (est. value $1,000); a Luxemburg note with 2 revaluation
stamps on it, (est. value $100+); and a Liberation issue from Belgium, (est. value $300).
Th e Edu cat ion al Pr ogr am ??The annual ?State of the Hobby? program was presented by Mark
Eberhardt. Mark has presented the annual program for many years, and it is always excellent,
informative and interesting, and this year was no exception! He reported that prices for numismatic
issues have been lower, but are coming back. The modern coins are selling as are the high grade,rare and expensive coins. Gold and Silver coins are not changed much, as Gold was $1,285 perounce last year, and it is $1,286 this year. Silver is at $17.04 this year vs. $16.42 last. The price ofGold has fluctuated from $1,148 to $1,349, and Silver from $15.62 to $18.54, per ounce. The bignews seems to be that the internet is dominating coin sales. Prominent selling engines are E-Bayand Proxibid. Hot items: Love tokens, wooden nickels and Dog tags. The market is growing in World
coins and currency, with more dealers and more trading. More Young Numismatists are in thehobby! The publishers of Gray Sheet were bought out, and there have been changes in the sheets,
but they not much different. In the FUTURE: the internet will affect the hobby! Mark recommended
that we should all become familiar with how to bid and how to use the internet auctions. Most ofMark?s sales have been through his website this year (65%) vs. last year (40%). He believes thatClubs need more 18 to 40 year old members. He recommends we use the Cherry Pickers Guide
when searching coins, and emphasized again that AUCTIONS ARE HOT! He would like to see ourClub?s auctions be bigger and more exchanging of ideas and opinions in the Club. Special Items:
2009-P nickels (now $150 per roll!) and 2009 Mint sets! Buy them if you can! (Secretary?s note: Great
Program, Mark!)
After the Br eak , the At t en dan ce Dr aw in g (Door Prize) and the 50/ 50 Drawing were held.
Au ct ion ?Joe Boling ran the auction. Assisting were Sharon Bower, Donn Wray, Michael White, Jim
Sukup and Vinton Dove. There were about 70 Items in the auction.
The meeting was Adjou r n ed at 9:20 PM. Respectfully submitted, Vinton Dove, Secretary

January 2018 Auction Lotsfor 1/15/2018
Description

Grade

Additional Notes

Starting Price

1968 US Proof Set

5.00

1969 US Proof Set

5.00

1970 US Proof Set

7.00

1971 US Proof Set

4.00

1972 US Proof Set

3.00

India 1919(B) Rupee

NGC MS62

20.00

Philippines 1945 10 Cents

NGC MS65

10.00

Sweden 1885 5 Ore

NGC AU50

22.00

Roosevelt 10C 1992SNGC PF69UC

15.00

2015 Coin & Currency Set

NGC UNC

25.00

1943-S US Nickel

2.00

1943 Mexico 20 Centavos

In Bezel

2.00

1884 US Liberty Head "V" Nickel

9.00

1899 US Liberty Head "V" Nickel

2.00

1906 US Liberty Head "V" Nickel

2.00

10 Peace Dollars

Higher Grade

190.001909 VDB Cent

Red/Brown

10.00

1856 Large Date Dime

VG

17.00

1856 Large Cent

VG

17.00

1973 Mint Set

12.00

Trivia:Queen Juliana?s face appears on
the money of which country?
See bottom of treasurers
report for answer.

JANUARY, 2018

Issue# 585

Lost Dutchman
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Your Local Full Service Coin Shop Since 1985

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Key Date Coins, Graded Coins, Complete Sets
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http://www.LDRCoins.com

JANUARY, 2018

Issue# 585

Tr easu r er ?s Repor t
RECEIPTS:
Dues - Regular @ $20.00 ea.
Dues - Junior @ $5.00 ea.
Advertising - Planchet @ $35.00 ea.
Fifty/Fifty Drawing:
Donations / Auction Lot Sales:
ICC Library Book Sold (est):
Auction Lots Sheets @ $1.00 per Sheet:
Newsletter Postage Fee:2017 Bu dget
$1,200.00$5.00$70.00$375.00

TOTAL RECEIPTS:$1,750.00$2,172.80

DISBURSEMENTS:
Dues - ANA:
Insurance - Liability:
Insurance - Treasurer 's Bond:
Mail Box Rental:
Secretary/Treasurer - Postage:
K of C Meeting Room Rent:
Exhibitors Nights Prizes:
Library Purchases:
Website MaintenanceNewsletter:- Printing/Supplies:- Postage:

2017 Bu dget2017 Act u al$300.00$100.00$58.00$98.00$1,100.00

300.00100.00$80.00$98.00$1,100.00$200.00$200.00$45.00$45.00TOTAL DISBURSEMENTS:$1,931.00$2,178.00

NET INFLOW / OUTFLOW:($181.00)($5.20)$100.00

ICC CHECKBOOK:
Balance:
CD Investments:

2017 Act u al
$1,220.00$10.00$320.80$448.00$35.00$6.00$133.00$6.00

2017 Year En d
$3,095.28
Matures

Rate

Value at Maturity

5/14/2018

1.241

6,519.78

3/15/218.995

15,149.25
21,669.03

Trivia Answer: Netherlands 1948-1980

JANUARY, 2018

Issue# 585

In dian apolis Coin Clu b
2018 M eet in g Dat es & Edu cat ion al Pr ogr am sJanuary 15, 2018 - ?Military Challenge Coins?- by Sharon Bower* Prize sponsor: Chris Bower
February 19, 2018 - ?Coins are Where You Find Them ? - by Jim Sukup* Prize sponsor: Jim Sukup
March 19, 2018 - ?TBA?- by Michael White* Prize sponsor: Michael White
April 16, 2018 - T. B. A.
* Prize sponsor: T. B. A.
May 21, 2018 - T. B. A.
* Prize sponsor: T. B. A.
June 18, 2018 - T. B. A.
* Prize sponsor: T. B. A.
July 16, 2018 - T. B. A.
* Prize sponsor: T. B. A.
August 20, 2018 - I. B. A.
* Prize sponsor: T. B. A.
September 17, 2018 - T. B. A.
* Prize sponsor: T. B. A.
October 15, 2018 -T. B. A.
* Prize sponsor: T. B. A.
November 11, 2018 - ?Annual State of the Hobby Address?-by Mark Eberhardt* Prize sponsor: Mark Eberhardt
Tuesday, December 4, 2018 ? NO MEETING - I.C.C. Holiday Banquet* For 2018 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 or greater 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 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 maywin!
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.