T he P lanchet- I . C. C. MAY 2022

Issue# 632

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 ay 16th, 2022
Monthly meetings of the Indianapolis Coin Club are held the third Monday of each month at
the Northside Events and Social Club 2100 E. 71st Street in Indianapolis, Indiana.
The Meetings consist of a business session, educational program, an intermission, and anumismatic auction.
Doors open at 6:00 pm, meeting will begin at 7:00 pm.
1Issue# 632

MAY, 2022

As hopefully all of our members know, the ICC has a library that is free to use for it's members. The
current list of library books is available on the ICC website. Jim Sukup usually brings a few books
each month but we want to make sure that everyone is aware of the books that are available.
Email Jim prior to the meeting and he will bring your selection if it is available.

jsukup@rpiratings.com

Th is M on t h s Edu cat ion al Pr ogr am Will Be:May 16th, 2022
Meeting start time: 7:00 PMA M aler M edal Wit h Pr oven an ceby Ch r ist oph er Bow er

2Issue# 632

MAY, 2022

American Innovation Dollars, Who?s Collecting?
By Mark Benvenuto
The United States Mint certainly goes to a great deal of trouble producing somebeautiful coins that the general public never really sees. Most of our commemorative
coins qualify in this regard. More recently, we can make the claim that the American
Innovation dollars are pieces with some beautiful designs, but that almost no one
outside the collecting community will know much about.
It is none other than George Washington who kicked off the AI dollar series, orat least his signature did. The obverse of these new, seldom seen dollars is amasterful rendering of the upper half of the Statue of Liberty.We?ll let the art critics
among us debate whether or not the 1986 Status of Liberty $5 gold half eagle hadanything to do with inspiring this new version of the grand lady. Both are certainly
non-traditional views, at least as far as coin design goes.
The reverse of these dollars is where we will see the innovators of the UnitedStates honored. The Washington signature is part of a more complex design, but isundoubtedly easier to render than some idea behind the first U.S. patent. We can saythat because that first patent was for the production of pot ash and pearl ash, andwas issued to Samuel Hopkins in July of 1790. For those of us scratching our heads
about what these two substances are, well, let?s leave it at: they are both
potassium-based chemicals used widely in fertilizer production even today. With thebenefit of a great deal of hindsight, it?s fitting that a nation which was mostly farmers
in the 1790?s had its first patent signed by a major league farmer, about materials
used in fertilizer.
The American Innovation dollars are about much more than our first president
and his signature, though. A bit like past programs in which our quarters changed
reverse designs rather quickly, the AI dollars started coming out with four designs per
year back in 2019. Once again, the order of march for each state is not alphabetic, butrather the order in which the states ratified the Constitution. This puts Delaware rightup front, closely followed by Pennsylvania. New Jersey and Georgia round out that3

Issue# 632

MAY, 2022

first year.
So, how does a person go about collecting the American Innovation
dollars?Perhaps the easiest method is simply to purchase year sets in their Mint
casings. For those of us who have not been in this arena since the very start, we canalways pick the sets up from some well-stocked dealer. We could also go on-line andsee just who has which sets for sale.
Perhaps obviously, we could also buy these sets directly from the Mint. Thatgives us the widest set of options when it comes to regular issues or proofs. That is, if
we win in the made rushes that sometimes occur at the Mint?s web site.

The American Innovation dollar series is now mature enough that we might also
consider buying any of the coins as singles. It doesn?t take too much imagination tothink that someone might take their set of four, break them out of their Mint
packaging, send them to one of the grading services, and see if any of them comeback as MS-70 or PF-70 ? coins that are perfect in technical detail. Some collectors
consider this an almost artificial form of collecting, claiming we are not collecting thecoin, but collecting the slab. Others though see this as a way to assemble the best
possible set of such coins, and don?t mind paying a premium to get thatbest-of-the-best.
But wait, there?s more!
Okay, we?ve borrowed a phrase from late-night TV, but interestingly, while we4

can purchase sets of these new dollars in their original Mint cases, or see what isavailable in terms of coins that have been broken out of those cases, graded, andencapsulated by some reputable third party grading service, there is yet anotheroption for us. We are talking about the reverse proofs.For years the United Sates Mint
issued proof coins that were struck with care on highly polished dies. Later, a versionof a proof was put forward in which the design elements had a frosted look, while thebackgrounds were mirrored. The U.S. Mint embraced this; our northern neighbors at
the Royal Canadian Mint stuck with a polished, mirror finish look. But some years
back, the United States Mint unveiled proofs in which the design elements weremirrored, and the fields were frosted. The cynics among the collecting community
simply saw this as another way to get money from collectors. But many folks appear
to like the final look of such proofs. And so, we are able to get reverse proofs going all
the way back to the George Washington AI dollar of 2018. It would be fascinatingindeed to see a collection of these all lined up next to each other.
So, with all these possibilities, who is collecting these seldom seen American
Innovation dollars? It?s doubtful that the answer is, ?No one,? since the dollars appear
to sell. But it might be worth asking our friends if they have a box full of AI dollars, bethey regular or proof.

PLEASE try to have correct change, or at least use
smaller bills, to pay for auction items that you win.
Especially troublesome are $50's and $100's whichquickly drain the change that is available. That change ispersonal money, and it will be greatly appreciated by thechanger and auction assistants to make giving changeeasier and more efficient.

5Issue# 630

MARCH, 2022

May 2022 Auction Lotsfor 5/16/2022
Description

Grade

Additional Notes

Starting Price

1835 Half Dollar

VF$70.00Roll-O-Liberty Nickels

Average Good

$25.001934-a $10 Silver Certificate

VF

North Africa$75.001838 Large CentVF Details

Environmental Damage$8.00

Plus lots more!!!!

PluYour auction lots could be listed right here.
Any active ICC member can put lots in to our monthly auctions.
Send them to the editor by the Thursday before each months meeting.

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Issue# 632

MAY, 2022

M in u t es of t h e ICC M eet in g ? M ar ch 21, 2022

Open - The meeting was called to order at 7:00 p.m.The meeting was held at theKnights of Columbus Hall, 2100 E. 71st., Indianapolis, Indiana. The at t en dan ce pr ize(a Canadian Dollar) (80% fine) was donated by Gerald A. Coraz.
The Secr et ar y 's r epor t for February 2020 was accepted as published in the Planchet.
The Tr easu r er 's r epor t was accepted as published in the Planchet.
Visit or s - We had one (1) visitor.
Repor t s of Com m it t ees ?None.
Old Bu sin ess?None.
New Bu sin ess·Sharon advised that ISNA found a venue for the State Show, to be held December
1-3, 2022, in Muncie, Indiana.
·Joe Boling made a report about attending the ANA Convention.
Nu m ism at ic f in ds: Joe Boling had an example of an Algerian (100 Franc Note) circa
1933 worth about $2.00. Chris Bower had an example of an ?ex Ken Bresset" German
Pfennig circa 1300?s.
Edu cat ion Pr ogr am : Bill Eckberg presented on the topic of ?The Marshall House
Token and the Civil War.?
Helmut won the attendance prize.The Club received $57 from the 50/50.
Au ct ion? The auction was held with help by several members. There were 13 sheets,generating $13 for the club. It was an active auction.
The meeting was Adjou r n ed.
Gary M. Selig, Secretarygselig14@gmail.com

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MAY, 2022

M in u t es of t h e ICC M eet in g ? Apr il 18, 2022

Open - The meeting was called to order at 7:00 p.m.The meeting was held at theKnights of Columbus Hall, 2100 E. 71st., Indianapolis, Indiana. The at t en dan ce pr ize(a Canadian Dollar) (80% fine) was donated by Gerald A. Coraz, for a second month ina row.
The Secr et ar y 's r epor t for March 2022 was not available. The Tr easu r er 's r epor t f orM ar ch 2022 was accepted as published in the Planchet.
Visit or s - We had one (1) visitor.
Repor t s of Com m it t ees ?None.
Old Bu sin ess?None.
New Bu sin ess·Sharon informed the club that there was a trivia contest we could participate in as
published in Coin World from ANA with a deadline of July 1, 2022.
·Sharon also stated that CENTRAL STATES coin show will take place from April 28-April
30, 2022 and provided the hours of operation and cost of parking.
Nu m ism at ic f in ds: Joe Boling had an example of a Thomas Dela Rue (Englishprinters) ?house note? also known as an advertising note from 2021 printed for theLondon Numismatic Fair. Joe indicated that the note did not have a water mark andonly had limited security features, such as one security strip that wiggled when you
moved the note.
Edu cat ion Pr ogr am : Vinton Dove presented on the subject of ?Lincoln cents? and had
many examples of cents both unslabbed and slabbed including proof coins.
Gerald Coraz won his own attendance prize. The Club received $57 from the 50/50,
plus a $6 donation.
Au ct ion? The auction was held with help by several members. There were 15 sheets,generating $15 for the club.It was an active auction.
The meeting was Adjou r n ed.
Gary M. Selig, Secretarygselig14@gmail.com

8Issue# 632

MAY, 2022

In dian apolis Coin Clu b
2022 M eet in g Dat es & Edu cat ion al Pr ogr am sJanuary 17, 2022 - ?Annual State of the Hobby Address?-by Mark Eberhardt* Prize sponsor: Mark Eberhardt
February 21, 2022 - 'Inflation as Illustrated by Weimer Germany? - by Kurt Miller* Prize sponsor: Kurt Miller
March 21, 2022 - 'The Marshall House Token and the Civil War ' - by Bill Eckberg* Prize sponsor: I.C.C.
April 18, 2022 - 'Lincoln Cents? - by Vinton Dove* Prize sponsor: Vinton DoveMay 23, 2022 - A Maler Metal with Provenance? - by Christopher Bower* Prize sponsor: Christopher Bower
June 20, 2022 - 'T.B.A? - by T.B.A* Prize sponsor: T.B.A.
July 18, 2022 - 'T.B.A? - by T.B.A* Prize sponsor: T.B.A.
August 15, 2022 - 'T.B.A? - by T.B.A* Prize sponsor: T.B.A.
September 19, 2022 - Exhibit Night* Prize sponsor: I. C. C.
October 17, 2022 -'T.B.A? - by T.B.A* Prize sponsor: T.B.A.
November 21, 2022 - ?Annual State of the Hobby Address?-by Mark Eberhardt* Prize sponsor: T.B.A.
Tuesday, December 6, 2022 ? NO MEETING - I.C.C. Holiday Banquet* For 2022 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 value coin, $5 ormore) The I.C.C. Board members and officers as well as several I.C.C. members chose to act as sponsors anddonate 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 may win!
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 we
respect 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.

9Issue# 632

MAY, 2022

Tr easu r er 's Repor t f or Apr il 2022:

Treasurer 's report is as follows: we currently have $25,555.52 in the club checking account.
I'm not sure if I reported this in my last report, but I paid Mary Magee $200 for maintenanceof the club's website. I intend to send a check for our meeting room rental for May in a few
days. That's my report.
Jerry C.

$3827.44

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 adf or 11 issu es!

Th e 2021 In dian apolis Coin Clu b
Of f icer s an d Boar d M em ber s:
President
Sharon Bower
Vice-President
Don WraySecretary
Gary Selig
Treasurer
Gerald Coraz
Newsletter Editor
Christopher Bower
Past President
Jim Sukup
Sgt-at-Arms
Jim Warden
Board Member 2021-2022
Vinton DoveBoard Member 2021-2022
Andy Nahrwold
Board Member 2021-2022
Jim Roehrdanz
Board Member 2022-2023
Louise Boling
Board Member 2022-2023
Jeff Bercovitz
Board Member 2022-2023
Steve Howery

10Issue# 632

MAY, 2022

Wildm an Coin sChristopher Bower
ANA# LM7017
Specialist in World Coins,Tokens, and Medals

Specialist in World Coins

443-786-6584
ch r isb8626@m sn .com

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Issue# 632

MAY, 2022

Lost Dutchman
Rare Coins
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Your Local Full Service Coin Shop Since 1985

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http://www.LDRCoins.com
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