The Planchet

July 2016

Issue #568

The next meeting will be
Monday, July 25th, 2016
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:“Current Status of the Langbord Golden Eagle Litigation”
By Gerald Coraz
Next Months Meeting Date & Program:

Monday, August 22nd, 2016, at 7 pm.

“Don’t Throw Mama From the Train” by Jim Warden
For a complete list of 2016 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/

A Few Words From Your President
Greetings fellow I.C.C. members, as well as prospective members who may be seeing this letter on
our Indianapolis Coin Club website.
I am going to use this "Presidents Message" space to post important information for the next few
months regarding a BIG change in our meeting schedule.
As you may already know, the Indianapolis Coin Club has been holding our monthly meetings at the71st Street Knights of Columbus Hall just west of the intersection of 71st Street & Keystone Avenue
for quite a long time now. We love the venue and our rent is "reasonable". We have been holding ourmeetings on the 4th Monday of each month with the exception of December (for our Holiday Banquet) and sometimes May (due to conflicts with Memorial Day) for all the years I have been involved
with the club. In fact, I would have to ask our club historian how many years this has gone unchanged
but I can assure you it has been a VERY long time.
Due to several large events being held on the exact same night as our club meetings each month wehave been running into problems having enough parking for our club members to find a spot by thetime our meetings are scheduled to begin. As many of our members are seniors it creates some issues
with walking a long way to and from our cars before & after the meeting. After much discussion I decided it was time the ICC Board addressed the issue.

Last month I convened an ICC Board meeting to discuss our options. Thanks to two ICC Board members in particular making phone calls and researching our options ahead of time (Thank you Mark
Eberhardt & Jeff Bercovitz) we had our solution in a meeting that lasted only 15 minutes; the fastest
ICC Board meeting I have EVER held!
Here's what we did:
Beginning with our September 2016 meeting, ALL future ICC monthly meetings will be held on theTHIRD Monday of each month from now on rather than the 4th Monday. This puts us on a schedulewith less conflicting events at the venue we all enjoy and still keeps our meetings on a Monday night
when there will be IMPD Security provided.
Here then are the remaining ICC monthly meeting dates for 2016:
Monday July 25th
Monday August 22nd
Monday September 19th
Monday October 17th
Monday November 21st
December - no meeting - ICC Holiday Banquet Tuesday, December 6th, 2016
Thank you everyone for allowing me to once again serve as your ICC President for 2016!

Michael WhiteJune 27, 2016 - Minutes of the Indianapolis Coin Club Meeting.
Open – Club Vice President, Jim Sukup, called the meeting to order at 7:00 PM. 38 people
signed in. We met at the Knights of Columbus Hall, 2100 East 71st St.
Visitors – Gary Selig was introduced as the newest member. The Attendance prize was a 1960
Franklin Half Dollar donated by Bob Bettcher.
The announcement was made that the Board had met and changed the Club’s meeting date tothe third Monday in each month, starting on September 19th, 2016.
The Secretary’s report and the Treasurer’s report were accepted as published in the Planchet.

Committee reports – Library Committee - Jim Sukup reported that he acquired a copy of“The Official ANA Grading Standards,” Third Edition, for the Library. Nominating Committee– Michael White announced that the committee was looking for people who want to be an officer or Board member on the Club starting next year.
Old Business – none.
New Business – The Club observed a moment of silence for the death of Club member, Siegmund Haider. Condolences were expressed for his wife, Alison Brown. Kill Reports: ClubMember, Chris Bower, (our ANA Club Rep,) reported acquiring a pair of PX tokens from Fort
D A Russell, Wyoming, for $160. They retail for about $1,100. Donn Wray purchased a One
Cent Note and a Five Cent Note issued for the 1933 World’s Fair in Chicago for $5.75 per note.
Mark Eberhardt reported that his son’s Cub Scout Den members found two Wheat Cents. Former member, Joe Gardner, sent Michael White a one ounce silver round with his name (Joe’s)
on it for the Auction.
The Educational Program – The evening’s program was “Show and Tell.” Several of themembers brought in interesting items. Jim Sukup brought in an NGS slabbed Silver Eagle hereceived for extending his ANA membership for three more years. He also showed that the slab
came apart, exposing the coin! There was no glue on the slab to hold it together! The Secretarybrought in an ANACS slabbed Jefferson Nickel dated 1999-D which was struck 75% offcenter, graded MS 65. Jeff Bercovitz showed a 1916 Decatur county medal depicting the State
Seal of Indiana on the reverse and the tree in the clock tower in the County Court House. He
also showed IPMS discount coupons of $5.00. Chris Bower showed off an Indian Cent withNO DATE!! Steve Howery showed a complete set of one ounce Australian bullion coins dated
from 199 to 2016.Michael White showed his seven coin 2016 set of Mexican Proof coins. (Theset is very rare.) Andy showed his 1882 dated five centavo Love Token with an owl and horseshoe.
After the Break. the Attendance Drawing was won by Jim Luckey and the 50/50 Drawing waswon by Gerald Coraz..
Auction –Mark Eberhardt ran the auction. Assisting were Bob Bettcher, Donn Wray, Michael
White and Vinton Dove.
The meeting was Adjourned at 8:23 PM. Respectfully submitted, Vinton Dove, Secretary

Coins of the month
Arkansas Centennial Half
This month’s coin of the month is the Arkansas half dollar. First issued the year before the state’s centennial this issue concluded threeyears after. During its run, this coin was plagued by some of theabuses common to other coins of this era. In 1935, the Philadelphia
mint distributed a net total of just over 13,000 pieces and sold for $1
each.
Seeing an opportunity, B. Max Mehl cut a deal to have 5,500 morestruck ad Denver and San Francisco that he then resold for $2.75
each or $5.00 for the pair. The set of three was also offered at $6.50.
In 1936 equal amounts were struck at all three mints and offered at$1 each. Soon the price was raised to $1.50 and finally up to $6.75
for a set of three. In 1937, the price was raised to $8.75 a set and in1938 again rose to $10.00.
There is a disagreement as to which side is the obverse. Some claim
the portrait side is the obverse; others say it is the eagle side. For thepurpose of this article, I’ll use the portrait side. The obverse features
a pair of jugate portraits one of a Quapaw Chief and the other of a rather plain looking version of Liberty. Below the portraits are the words
ARKANSAS CENTENNIAL and the dates appear to the left. LIBERTY appears on her cap.

The reverse shows an eagle perched on the sun holding a ribbon
marked IN GOD WE TRUST and E PLURIBUS UNUM. Above is United States of America and written on the sun is half dollar and thedate. Behind the eagle is a half diamond with 13 stars. Above the eagles head is Arkansas. Above the word is one star and below is threestars. The single star represents the Confederacy and the three starsare for Spain, France and the United States. Breen contends thecoins images are Confederate symbols. The 13 stars and rays are forthe 13 confederate states and the eagle perched on the sun means
the south will rise again. In addition, the 1936 date was the 75 th anniversary of the Confederacy.
Edward Everett Burr designed the coin and Emily Bates prepared themodels. Prices for a type coin range from $115 to $1600 in MS63 to67. The 1939 issues generally run twice as much.
Reprinted with permission from the Elgin Coin Club$$$$ “ALWAYS BUYING” $$$$PAYING TOP PRICES FOR ALLU.S. COINS
DON’T SELL WITHOUT GETTING OUR OFFER!!!

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

VINTON DOVE
Business Consultant
Collecting U.S. Coins Since 1952
Home (317) 257-1906
Cell (317) 910-4205

The 2016 Indianapolis Coin Club
Officers and Board Members:
President
Vice-President
Secretary
Treasurer
Newsletter Editor
Past President
Sgt-at-Arms
Board Member 2015-2016
Board Member 2015-2016
Board Member 2015-2016
Board Member 2016-2017
Board Member 2016-2017
Board Member 2016-2017

Michael WhiteJim Sukup
Vinton DoveMark Eberhardt
Andy Nahrwold
Jeff BercovitzJim Warden
Donn Wray
Shannon Spears
Bob Bettcher
Gerald CorazPaul Vaughn
Jim RoehrdanzYour 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.

TREASURER’S REPORT
Dues - Regular @ $20.00 ea.

$ 20.00

Dues - Junior @ $5.00 ea.
Advertising - Planchet @ $35.00 ea.
Fifty/Fifty Drawing:
Donations / Auction Lot Sales:
ICC Library Book Sold (est):$ 50.00

Auction Lots Sheets @ $1.00 perAmazon.com$ 9.00Newsletter Postage Fee:TOTAL RECEIPTS:DISBURSEMENTS:

Dues - ANA:
Insurance - Liability:
Insurance - Treasurer's Bond:
Mail Box Rental:
Secritary Office Supplies:- Postage:
K of C Meeting Room Rent:
Exhibitors Nights Prizes:
Library Purchases:
Newsletter:- Printing:- Postage:$ 79.00
June.

$ 100.00

TOTAL DISBURSEMENTS:$ 100.00

NET INFLOW / OUTFLOW:$ (21.00)

ICC CHECKBOOK:

Starting Balance:June.
$ 18,648.97

CD's Mature:

Cash/Checks in:
Checks Out:$ 79.00$ 100.00

Ending Balance:$ 18,627.97

Net Gain or Loss for the Month:$ (21.00)

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Indianapolis Coin Club
2016 Meeting Dates & Educational Programs
January 25, 2016 - ‘Postal Savings Certificates’ - by Donn Wray
*Prize sponsor: Donn Wray

February 22, 2016 - ‘TBA’ - by Jim Roehrdanz*Prize sponsor: Jim Roehrdanz

March 28, 2016- ‘Medals and Challenge Coins of Saint Barbara’ - by :Louise Boling*Prize sponsor: Louise Boling

April 25, 2016 - ‘Wildman Coins of the German Statres’ - by Chris Bower*Prize sponsor: Chris Bower

May 23, 2016 - ‘World War II’ - by Lyle Pelkin*Prize sponsor: Vinton Dove

June 27, 2016 - ‘Show & Tell’ - by ICC Club Members*Prize sponsor: Bob Bettcher

July 25, 2016 - ‘Current Status of the Langbord Golden Eagle Litigation’ - by Gerald Coraz*Prize sponsor: Gerald Coraz

August 22, 2016 - ‘’ - by Jim Warden*Prize sponsor: Jim Warden

September 19, 2016 - I.C.C. Exhibit Night*Prize sponsor: Andy Nahrwold

October 17, 2016 - ‘Heraldic Art Medals’ - by Steve Howery*Prize sponsor: Steve Howery

November 21, 2016 - ‘Annual State of the Hobby Address’ -by Mark Eberhardt*Prize sponsor: Mark Eberhardt

Tuesday, December 6, 2016 – NO MEETING - I.C.C. Holiday Banquet*For 2016 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 in at 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 dateabove. 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 shared withus 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.