1 T he P l anchet - I. C. C. - AUGUST 2018 Issue# 591 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 Monday, August 20 th, 2018 Meetings of the Indianapolis Coin Club are 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 a numismatic auction. Doors open at 6:00pm, meeting will begin at 7:00pm.
A Few Words From Your President Our Exhibit Night will be next month, Monday, September 17. This is the perfect time
to begin thinking about your topic and assembling your display. Our members always
have compelling exhibits and I am sure that this year 's Exhibit Night will be no
different. This year the Club will be giving different prizes as it did for many years
prior to last year, when 75th anniversary medals were awarded. At his month's
meeting we will get a show of hands for the approximate number of members that
intend to exhibit next month. We will also get a count of those that will need to
borrow display cases for their exhibit. If you have any questions about displaying your
exhibit, please talk to one of the people on our Exhibit Night Committee, those being
Vinton Dove, Donn Wray, and Jeff Bercovitz.
Remember that our nominating committee will announce a slate of officer candidates
to the club during our October meeting, and the election of officers will be conducted
in November. If you would like to be considered, or would like to nominate someone,
please see a member of the Nomination Committee (Vinton Dove, Jim Sukup, Michael
White) to express your interest.
If you have any comments, concerns, and suggestions about the Club, how our
meetings are conducted, about our club finances, our committees, our Constitution,
our newsletter, our website, or simply anything that is on your mind about the Club,
please let me, Vice-President Steve Howery, or any of the appropriate committee
members know. This is YOUR Club. There are 13 Club officers and board members,
but each and every member is important and vital to the continued success and
growth of the Club, both now and in the future. Are you interested in joining a
committee? Let us know! Your interest, knowledge, and input is welcomed and
encouraged.
And, as I always try to say, bring a friend, spouse, relative, or neighbor along to
tonight 's meeting - you never know who the next person that may become interested
in numismatics might be!
Jim Sukup, President
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'Banknotes at 20 Power ' by
Joseph E. Boling
Next Month?s Meeting Date & Program: Monday, September 17th, 2018, at 7 pm.
Exhibit Night
INDIANAPOLIS COIN CLUB EDUCATIONAL PROGRAM This month?s Educational Program will be:
As hopefully all of our members know, the ICC has a library that is free to use for it 's members. I am sending a copy of the current list of available books with each issue. 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.
The Not-So-Simple History Of Why We Call Dollars ?Bucks? by Caroline Bologna
Moolah. Benjamins. Stacks. Big ones. Cheddar. We have a lot of slang terms for money in the U.S.
While the meaning behind some of these terms may seem obvious, it?s less intuitive for others. ?Bucks,? which has
become synonymous with ?dollars? in modern vernacular, is one example of the latter.
So why do we call dollars ?bucks??
A widely held belief involves the use of the word ?buck? to mean ?a male animal; especially, a male deer or
antelope.? Back in the 18th century, European settlers and Native Americans often traded buckskins, or deerskins,
as a form of currency.
One of the earliest cited references to bucks as currency is a 1748 journal entry from Conrad Weiser, a Pennsylvania Dutch pioneer, interpreter and diplomat. In his journal, he described the rate for a cask of whiskey as ?5 Bucks,? reportedly in reference to deerskins. The journal also cited a man who was ?robbed of the value of 300 Bucks.?
One deerskin wasn?t necessarily the equivalent of one ?buck,? as various factors could determine the value, like the
size, quality, age of the deer and more.
Official U.S. dollars weren?t minted until several decades after Weiser?s journal entries, but it appears buckskins and
the word buck stuck around in the currency arena.
The Oxford English Dictionary lists a usage of ?bucks? to mean ?dollars? from the Democratic State Journal in 1856:
?Bernard, assault and battery upon Wm. Croft, mulcted in the sum of twenty bucks.?
Evidence from the 19th century also suggests a buckskin was sometimes the equivalent of one dollar.
Henry Howe?s 1851 Historical Collections of Ohio states, ?A muskrat skin was equal to a quarter of a dollar; a
raccoon skin, a third of a dollar; a doe skin, half a dollar, and a buck skin, ?the almighty dollar.?? James Buchanan?s
Sketches of the History, Manners, and Customs of North American Indians from 1824 lists ?each buck-skin one
dollar.?
Although the deerskin origin story is a popular one, there are other theories beyond this folklore.
One idea is that ?buck? is just a shortened form of the word ?sawbuck,? which is slang for a $10 bill. This is thought
to be because one of the earliest $10 bills featured the Roman numeral X, which resembles a ?sawbuck? ? a frame
July 16, 2018 - Minut es of t he Indianapolis Coin Club Meet ing.
Not available at t im e of publicat ion.
AUGUST, 2018 Issue# 591
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August 2018 Auction Lots
for 8/20/2018Description Grade Additional Notes Starting Price
5X WWI Medal/Dollar Sets OGP All 5 Branches 500.00
1942 D/D Jefferson Nickle PCGS 45 195.00
1883 Hawaii Quarter PCGS 53 155.00
1893 Isabella Quarter PCGS 55 275.00
3X 9/11 Bronze Comm. Medals 6.00
24K Plated Franklin Mint Medal Nixon meets Brezhnev 15.00
24K Plated Franklin Mint Medal Nixon goes to China 15.00
Roll of Washington Quarters 1930's & 1940's 100.00
Sahara Casino $1 Token 1.00
2X Playboy Casino Key Chain Atlantic City 1.00
1922D Peace Dollar AG Good for low ball set. 15.00
1937 Walking Liberty Half F-VF w/ Provenance 6.00
3X Pre 1921 Morgan Dollars Well circulated 36.00
Of course this is just a small sampling of the lots that will be available at the meeting. Any active member is able to submit lots for the auction. Bring them the night of the meeting. If you want them to be advertised in the Planchet simply email a list of items to the editor. [email protected]
Any listed grades are the opinion of the current owner and not the Indianapolis Coin Club. Please inspect all lots before bidding to determine value. When possible we will list if a coin is in a third party grading companies holder.
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 which
quickly drain the change that is available. That change is personal money, and it will be greatly appreciated by the
changer and auction assistants to make giving change easier and more efficient.
Indianapolis Coin Club 2018 Meet ing Dat es & Educat ional Program s
January 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 - ?Mexican Silver Libertads, Treasure Coin of Mexico? - by Michael White * Prize sponsor: Michael White
April 16, 2018 - 'Obscure Foreign Coins' - by Paul Griffin* Prize sponsor: Paul Griffin
May 21, 2018 - 'Von NotHaus Liberty Dollars' - by Gerald Coraz* Prize sponsor: Gerald Coraz
June 18, 2018 - 'Silver Legend' - by Donn Wray* Prize sponsor: Donn Wray
July 16, 2018 - 'America's Ugly Duckling Coin' - by Paul Vaughn* Prize sponsor: T. B. A.
August 20, 2018 - 'Banknotes at Twenty Power ' - by Joseph E. Boling* Prize sponsor: Joseph E. Boling
September 17, 2018 - Exhibit Night* Prize sponsor: I. C. C.
October 15, 2018 -T. B. A. - by Harvey Warner * 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 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 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 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.
AUGUST, 2018 Issue# 591
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Treasurer ?s Repor t 2018
RECEIPTS: July Dues - Regular @ $20.00 ea. $20.00 Dues - Junior @ $5.00 ea. Advertising - Planchet @ $35.00 ea. Advertising - Special EditionFifty/Fifty Drawing: $44.00 Donations / Auction Lot Sales: $1.00ICC Library Book Sold (est): Auction Lots Sheets @ $1.00 per Sheet: $23.00 Newsletter Postage Fee:
Sale of MedalsTOTAL RECEIPTS: $88.00
DISBURSEMENTS: July Dues - ANA: Insurance - Liability: $300.00Insurance - Treasurer 's Bond: Mail Box Rental: Secretary/Treasurer - Postage: K of C Meeting Room Rent: $100.00Door Prizes (11 Months) Exhibitors Nights Prizes: Library Purchases: Website Maintenance Newsletter: - Printing/Supplies: - Postage:
TOTAL DISBURSEMENTS: $400.00
NET INFLOW / OUTFLOW: -$312.00 ICC CHECKBOOK: JulyBalance: $3922.98
Issue# 591AUGUST, 2018
Trivia Answer: Dolley Madison
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The 2018 Indianapolis Coin Club Of f icers and Board Mem bers:
President Jim Sukup Vice-President Steve Howery Secretary Vinton Dove Treasurer Mark 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 2017-2018 Jeff Bercovitz Board Member 2017-2018 Andy Nahrwold
