The Planchet

October 2014

Issue #549

The next meeting will be
Monday, October 27th, 2014
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:

“State of the Hobby” by Mark Eberhardt
NextMonthsMeetingDate&Program:
Monday,November24th,2014,at7pm.
Rejects, Resorts and Reform: Depression-wrought changes to ‘what’s in your wallet’
By Donn Wray
Foracompletelistof2014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,Iamlookingforwardtoseeingeveryoneatournextmeeting,thiscomingMonday,October27th,
2014.
Iwanttobeginbyupdatingyouallonafewchangesthatmayormaynotaffectyou:ThefirstupdateconcernstheI.C.C.EducationalProgramschedule.DonnWrayhadascheduleconflict
andisunabletogivetheEducationalProgramthisMondayashewillbeinChicago.JeffBercovitzconͲ
tactedMarkEberhardttoseeifhewouldbeabletomovehis"StateofTheHobbyAddress"upamonth.MarkwasagreeablesoDonnwillmovehispresentationonU.S.PaperMoneytotheNovemͲ
berspotandMarkwillsharecurrenttrendsinthehobbyandcoinmarketanalysiswithusonMonday.
TheotherupdatewillaffectallofyouwhodoonlineorderingfromtheU.S.Mintwebsite.An"overhaul"oftheU.S.Mint'soutdatedwebsitewaslongoverdueandhasnowbeencompleted.AnyͲ
onewhohasanaccountestablishedwiththeMintwillbeaskedtoupdatetheiraccountbyclickingonalinkontheirpagetochangeyourpassword.Followtheinstructionsintheemailtheywillsendyouto
makethenecessarychangesandupdates.ThereasonIambringingthisupnowisbecauseofthereͲleaseofthe2014Kennedy4ͲpieceSilverHalfDollarSetsduetogoonsaleatnoonthisTuesday,OctoͲber28th.Thewebsiteorderingprocessisgreatlyimprovedfromthe"olddays"ofnotbeingabletoget
yourorderplacedeitherbyphoneorviathewebsitebutsincethewebsitenowrequiresyoutoreͲ
entersomeofyourpersonalinformation,you'llwanttodoitNOWinsteadofwhileyou'retryingto
getyourorderplaced.TheMinthasstatedthattheywillhave150,000ofthe4ͲpiecesetsreadytoshiprightawaysoifyouwantsetsthatwillbeeligiblefortheNGC"EarlyRelease"orPCGS"FirstStrike"
designationsyou'llwanttomakesureyouorderASAP.Onlycoinsshippedwithinthefirst30daysof
releaseareeligibleforthesespeciallabelssogetyourducksinarowNOWtobeabletoplaceyourorderquicklyandefficiently.Mostofyourpersonalinformationwillpopulateonceyouupdateyouraccount.Address,Subscription(s)andyourOrderHistorywillremainbutyou'llneedtosetupyournewpasswordandaddcreditcardinformationasitwillNOTcarryovertothenewsite.
IwouldliketosayaBIG"thankyou!"toJeffBercovitzandDonnWray,andallofyouexhibitors,fora
wildlysuccessful2014IndianapolisCoinClubExhibitNight!Theexhibitswereawesome(asusual)andI
wasproudofthewayeveryonechippedintohelpmakethisahugesuccess.CongratstoALLofyouforajobwelldone.Ilikedtheformatchangethatgaveparticipantstheopportunitytotalkabouttheir
exhibitsBEFOREthevoting.TheonlythingIwouldsuggestfornextyearisthatwehaveourownPolice
presenceINtheroomtoprotectthemanythousandsofdollarsworthofyourprizepossessions.Iwas
uncomfortablewiththefactthattherewasnoofficeroutsidewhenweendedandweneedtofixthat.
Here'syourfinalbitofmotivationtoattendMonday'smeeting;theMonthlyAttendancePrize!Thismonth'sprizesponsorisI.C.C.TreasurerMarkEberhardt.Markwillbedonatinganunknown"treasure"
fortheMonthlyAttendancePrizedrawing.EveryonepresentatthemeetingreceivesaFREEticketforachancetowintheprizesopleaseshowupforachancetoownit.Youcouldgohomewithafreebie!
ThanksforelectingmetoserveasyourPresidentforthisveryexciting75thAnniversaryyear!

Michael White
FinalWarning;ifanyonewouldliketorun,ornominatesomeonetorunforanI.C.C.OfficerorBoardpositionyoumustspeakwiththeI.C.C.NominationsCommitteeChairmanVintonDovebeforeNovember1st,2014inordertobeeligibletorun.

From the Editor
There are a lot of announcements this month. Due to a schedule conflict, Mark Eberhardt has
graciously agreed to give his State of the Hobby presentation this month. This program is oneof the club’s favorites, and is extremely beneficial.
Indianapolis Coin Club elections are coming up. Anyone who wants to run for or nominate
someone else to run for a board member or officer position must contact ICC Nominations
Committee Chairman Vinton Dove no later than October 31st. Vinton can be reached at
vdove43@att.net or by phone at (317) 910-4205. ICC Officer and Board Member positions canbe found at the bottom of page 4 of this newsletter.
Late ICC member Dave Reid’s remaining inventory will be available for sale at the next ICC
meeting this Monday, October 27, and at the ISNA show, Table 100. Dave’s wife, Sylvia, isalso expected to attend.
As noted above, be sure to attend the Indiana State Numismatic Association’s annual Coinshow on November 7th and 8th at the Marriott East, 7202 East 21st Street, Indianapolis. Moreinformation can be found at ISNA’s website here http://www.indianastatenumismatics.org/.
Lastly, remember that club members can place items up for auction each month at the clubmeeting. Auction sheets cost $1, and you can list up to 5 items per sheet. Auction sheets canbe found at the club website:
http://www.indianapoliscoinclub.org/forms/Auction_Sheet_ICC.pdf, and for your convenience
one will be included at the end of this newsletter. Bear in mind that while only members cansell at auction, anyone can bid.
Items that will be in the auction coming up September 22nd will include:x No items were submitted this month by publication time.
Remember, if you plan to place items for auction at the following meeting, send the details toandreusrex@gmail.com by the third Monday of the month and I will publish them as space permits.
If you have any questions or comments about the newsletter or the club, please feel free toemail me at andreusrex@gmail.com. I’ll do my best to answer you or pass it along to someone
who can.
——————————————————————————————————————-

Maui Trade Dollars
This month’s coins of the month are Maui Trade Dollars. Starting in 1992, The Maui Chamberof Commerce has issued these tokens as souvenirs and a source of income to fund various local
projects. The tokens are sold at face value and can be spent at local participating merchants
only during the year the token was issued. To enhance collectability, each year the obverse design is changed showing different fish, plants, animals and other aspects of life on Maui. The
two things constant on each issues obverse are the Date and Maui NO KA OI. This translates toMaui, The Best. The common reverse has an ornate number and word one in the center. Below
the denomination is a disclaimer good for one dollar in trade at participating merchants during(year). Around the edge is One Maui Trade Dollar, some stars and The Valley Isle. Physicallythe coin weighs 25.57 grams, 39.2 mm diameter and has a reeded edge. Mintages vary year toyear from a low of about 50,000 to a high of about 200,000. The previous description is forcoins struck 1992 - 2007. Starting in 2008 the face value was raised to two dollars. All otherspecifications remain the same.
Despite the fact the coins can be spent, it is unlikely they were used in that capacity. Today
many collectors attempt to assemble a date set of the coins. On EBay many single coins sell for
between $2 and $10 depending on year. Some sellers offer packaged sets of 5 coins for $10 $20. Assembling a set may take some time, but with a bit of patience can be done for around$100. For advanced collectors there are one ounce silver and gold plated versions.

Reprinted with permission from the Elgin Coin Club$$$$ “ALWAYS BUYING” $$$$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

The 2014 Indianapolis Coin ClubOfficers and Board Members:PresidentVice-President
Secretary
Treasurer
Newsletter Editor
Past President
Sgt-at-Arms
Board Member 2013-2014
Board Member 2013-2014
Board Member 2013-2014
Board Member 2014-2015
Board Member 2014-2015
Board Member 2014-2015

Michael White
Jeff Bercovitz
Vinton DoveMark Eberhardt
Andy Nahrwold
Donn Wray
Jim Warden
Jim Sukup
Shannon Spears
Bob Bettcher
Jerry CorazPaul Vaughn
Jim Roehrdanz

VINTON DOVE
Business Consultant
Collecting U.S. Coins Since 1952
Home (317) 257-1906
Cell (317) 910-4205
Fax (317) 257-2220
OLD FOUNTAIN PENSPURCHASED(PARKER, WATERMAN, WAHL, ETC.)JIM NAHRWOLD(317) 849-7931
JLNAHRWOLD@COMCAST.NET

Advertise in the Indianapolis CoinClub Newsletter! The cost is only
$35.00 for a business card size adfor 12 months!
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.

Indianapolis Coin Club
General Ledger for July, August, September. 2014
Jul.

AugSept.

Receipts:
Dues – Regular @ $12.00 ea.
Dues – Juniors @ $5.00 ea.
Advertising – Planchet @ $35.00 ea.
$ 105.00
Fifty/Fifty Drawing:$ 35.00
Interest – CD’s – 1 Merchant Bank:
Donations – Auction Lot Sales$ 1.00ICC Library Books Sold:
Auction Lot Sheets @ $1.00:$ 13.00
Sales of Medals:
Silver @ $40.00 each: 29 Left $ 120.00
Bronze @ $10.00 each: 103 Left$ 80.00
Amazon.com:
Postage Collected Newsletter:

Total Receipts:$354.00$24.00$35.00$42.00$ 8.00$ 9.00$ 7.00$68.00$57.00

Disbursements:
Insurance – Liability:
Insurance – Treasurer’s Bond:
Computer Website:
Mail Box Retail:
Office Supplies:- New Checks:
Postage:
K of C Meeting Room Rent:
Exhibitors Night Prizes:
Newsletter:
Library Fund:Club Functions / Promotions:75th Anniv. Medals:
Youth Projects:
External Displays:$300.00$ 50.00$50.00$ 50.00$250.00

Total Disbursements:$50.00$350.00$300.00

Net Gain / Loss:$304.00($282.00) ($243.00)

Checkbook:
Starting Balance:
Total Receipts:
Total Disbursements:
Ending Balance:$2880.23 $3184.23 $2902.23$ 354.00 $ 68.00 $ 57.00$ 50.00 $ 350.00 $ 300.00$3184.23 $2902.23 $2659.23

ISNA Table:

September 22, 2014 - Minutes of the Indianapolis Coin Club Meeting.
Open – Club Vice President, Jeff Bercovitz, called the meeting to order at 7:10 PM. 35 people
signed the attendance book. We met at the Northside Knights of Columbus Hall, 2100 East 71stSt.
Visitors – John Johnson, his son, Sam, and three others, Jennie, Anna and Jared.
The Secretary’s report was accepted as published, and the Treasurer’s report will be published in next month’s Planchet.
Committee Reports –None.
Old Business –None..
New Business – The upcoming shows are at Logansport, Lafayette, 71st Street and ISNA.
Kills! Steve Howery found a 40% silver Ike dollar and Jeff Bercovitz a 40% Kennedy half dollar in change. A 1914-D cent was found in a roll of wheat cents by another member.
The Educational Program – The program for the night was Exhibitors Night, chaired by Vice
President, Jeff Bercovitz. Prizes were awarded to each participant, with the winner choosing
first from the available prizes.
Break.
The Attendance Drawing (Door Prize) was won by John Johnson.
The 50/50 Drawing was run by Sam Johnson.
Auction –Joe Boling ran the auction. Assisting were Bob Bettcher, Donn Wray, Jeff Bercovitz
and Vinton Dove.
The meeting was Adjourned at 8:49 PM.
Respectfully submitted,Vinton Dove, Secretary

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Indianapolis Coin Club2014 Meeting Dates & Educational Programs
January 27, 2014 - ‘1916 Indiana Centennial Medal’ - by Jeff Bercovitz*Prize sponsor: Michael White

February 24, 2014 - ‘Evaluating and Selling the Crop: Thoughts on Numismatic Appraisals
and Tax Aspects’ - by Donn Wray
*Prize sponsor: Jeff Bercovitz

March 24, 2014 - ‘19th Century Counterfeit National Bank Notes’ - by Joseph E. Boling*Prize sponsor: Vinton Dove

April 28, 2014 - ‘Counterfeits and Countermeasures’ - by Michael White*Prize sponsor: Bob Bettcher

May 19, 2014 - ‘An Education On Educational Notes’ - by Jim Warden*Prize sponsor: Jim Warden

June 23, 2014 - ‘Winners in the Modern Commemorative Coin Era’ - by Jim Roehrdanz*Prize sponsor: Jim Roehrdanz

July 28, 2014 - ‘Numismania, Military Medals’ - by Vinton Dove*Prize sponsor: Paul Vaughn

August 25, 2014 - ‘TBA’ - by Logansport Coin Club Speaker Exchange*Prize sponsor: Andy Nahrwold

September 22, 2014 - I.C.C. Exhibit Night*Prize sponsor: Donn Wray

October 27, 2014 - ‘Annual State of the Hobby Address’ -by Mark Eberhardt*Prize sponsor: Mark Eberhardt

November 24, 2014 - “Rejects, Resorts and Reform: Depression-wrought changes to ‘what’sin your wallet’” - by Donn Wray
*Prize sponsor: Shannon Spears

December 8, 2014 – NO MEETING - I.C.C. Holiday Banquet*For 2014 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 atthe 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 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.

INDIANAPOLIS COIN CLUB
Auction Sheet
Name: ____________________________
Date: __________________________________

Lot

Date & Mint

Item Description

GradeMin. Bid

Sale Price*(leave blank)

1$

2$

3$

4$5$

*NS (or ----- ) = Not Sold

Total:$Auction Rules:
1 Only current members of the ICC are eligible to place lots in the auction.
2 Anyone in attendance may bid on said items.
3 There is a minimum bid of $1.00 per lot on all lots.
4 Once lots are placed in the auction they must be run through the auction andnot otherwise sold until they are returned to the owner, at the discretion of theauctioneer.
5 Sellers are responsible to describe and grade their own lots. The auctioneer
will not be responsible for grading coins.

Payment received $1.00 by __________________