-
A Publication of the Indianapolis Coin Club
Issue # 453 Newsletter September 2004 Membership numbers: ANA
C-131170, CSNS L-600, ISNA LM 243
The Meetings of the Indianapolis Coin Club are held the fourth
Monday of each month at the Nora Library at 8625 Guilford Avenue 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.
The next meeting will be Monday September 27, 2004 Last of 2004
Meetings: October 25th and November 29th. December 6th is our
Banquet.
Indianapolis Coin Club looking for Leaders It is that time of
the year again when the Indianapolis Coin Club is looking for
people to step up and become Officers and Members of the Board.
There will be a few openings on the board this year and we need new
people to fill those voids. The board meets a minimum of four times
per year with the meetings usually lasting an hour, sometimes
longer. Many positions are open and nominations are welcome by any
member of the club. Please, if you have any questions feel free to
ask a current board member what the tasks and responsibilities are.
You must be prepared to put some work and effort into the position
that you are running for to continue with the success of the club.
The officers positions that are up for election follows: President,
Vice-President, Treasurer, Secretary, Sargeant-at-Arms, and Editor.
Along with that are three Board Members positions. These positions
must be filled for our club to keep its Non-profit status in the
state of Indiana and to run as an organization. The
responsibilities of each position is listed in the bylaws available
either on the website at: www.indianapoliscoinclub.org or by
contacting Vinton Dove for a copy. These copies are also available
at the Club meetings. So, if you would like to take part in the
running of the Club, please notify one of the members on the
Nominating Committee (names listed in the Secretarys Report on Page
4). You must let one of the members know by November 1, 2004.
THE PLANCHET
-
The 2004 Indianapolis Coin Club Officers and Board Members
President Vinton Dove Vice-President Dave Reid Secretary Jim
Goaziou Treasurer Tom Ferverda Editor Amy Eberhardt
([email protected]) ph. (317) 837-5682 Past President Jim Luckey
Sgt-at-Arms Jim Warden Board Member 04-05 Lawrence Wistoff Board
Member 04-05 Coz Raimondi Board Member 04-05 Charles Alber Board
Member 03-04 Karl Kreck Board Member 03-04 Donald Black Board
Member 03-04 Allen Dove
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.
Table of Contents
Looking for Leaders - Cover
Advertisers - Page 2
Oak Island article - Page 3
Secretarys Report - Page 4
Treasurers Report - Page 4
Letter to the Editor - Page 5
Upcoming Shows - Page 5
The Monthly Planchet, September 2004 Page 2
Advertise in the Indianapolis Coin Club Newsletter! The cost is
$35.00 for a business card size ad for 12 issues!
VINTON G. DOVE Certified Public Accountant
Collecting U.S. Coins Since 1952
443 Wellington Road (317) 257-1906 Indianapolis, IN 46260
Fax(317) 257-2220
$$$$ ALWAYS BUYING $$$$
PAYING TOP PRICES FOR ALL U.S. COINS
DONT SELL WITHOUT GETTING OUR OFFER!!!
LARRY HYLTON BROWNSBURG, IN ANA, ISNA-LM, CSNS-LM
(317) 852-8458
(317) 885-8065 885-8066
THE COIN INDEX Coins Stamps Bullion Currency Jewelry Supplies
BUY SELL APPRAISALS
Hours: M, T, Th, F 10:30 - 6:00 - Wed. & Sat. 10:30 - 3:00
857 North Madison Avenue Greenwood, IN 46142 (Between Main St. and
Fry Road)
Cos Raimondi, President Email: [email protected]
R.O.M.A. COIN Specializing in U.S. RARE COINS
ORVA (ORV) DETRICK Professional Numismatist PO Box 267
Donnelsville, Ohio 45319-0267 Phone: 937-882-6730 Cell #:
937-284-0412 E-mail: [email protected] Buy/Sell Bullion: Gold &
Silver
-
The Monthly Planchet, September 2004 Page 3
After 38 years of searching, an Oak Island treasure hunter
believes hes solved the mystery of the famous Nova Scotia island.
Dan Blankenship says he has uncovered evidence that proves the 32
Hectare Island is the repository for millions in silver and gold
left behind by marauding Spaniard's in the mid-16th century. Ive
never spoken publicly before because I didnt want to have to put in
this much work and end up being wrong, he said. In the last six
weeks Ive been able to confirm all my suspicions and I can say
definitively who did it, how they did it, and where they did it,
but, until I get down there I cant say exactly what is there.
Blankenship was 42 when he gave up a Miami-based contracting
business and brought his family to the provinces South Shore,
confident he could solve the mystery that had eluded searchers for
more than 165 years. For three decades, he has toiled in the mud,
the snow, and the heat of summer drilling tunnels and trying to
make connections between a series of unusually shaped rocks
scattered about the rocky island. In 1971 he was almost killed when
a steel-reinforced shaft in which he was working buckled, nearly
trapping him more than 45 meters below the surface. He hasnt
recovered a dimes worth of treasure, but the robust 80 year old
said with the new information he has gathered, the riches could be
brought to the surface within seven months. The early story of Oak
Island is well known around the world. Three boys from the area
were exploring the island in 1795 when they came across a
depression in the ground near an oak tree. They dug in the dirt in
hopes of finding treasure, but hit a wooden platform. They lifted
it and continued to dig, only to find another platform a few meters
deeper. Subsequent efforts by everyone from locals to John Wayne
and Franklin Delano Roosevelt turned up tantalizing items such as
bits of chain, parchment and coconut husks, but all were defeated
by what seemed to be an intricate series of flood tunnels designed
to protect whatever was at the bottom of the pit. When Blankenship
began as director of field work for the treasure-hunting syndicate
headed by Montreal businessman David Tobias, he started his search
at the famed money pit site, but his interest in other parts of the
island grew as the years passed. Blankenship now dismisses the
money pit as an elaborate decoy and suggests the bulk of the
treasure is located in a series of tunnels running deep beneath one
end of the island. He has long suspected there were tunnels deep
beneath the island, but had no proof until he came across evidence
of three, meter-wide holes he claims once served as air shafts for
the tunnels. He was prompted to look for the shafts after the
previously unreported discovery of stone icons by a small Norwegian
exploration team that worked on the island in June. He believes the
European team was hoping to confirm the island was the repository
for the Shakespearean works of Francis Bacon, but he believes his
subsequent find points to Spanish treasure. He located the shafts
based on measurements taken from the position of a series of oddly
shaped multi-tone stones. First discovered by rival treasure hunter
Fred Nolan of Bedford, NS., the rocks form the shape of a giant
cross that Blankenship believed is a key to the mystery. The
veteran treasure hunters problem is he doesn't have a Treasure
Trove license giving him permission to pursue his effort. All
exploration requires a license from the province and all licenses
for searches in the area expired in July, said Rick Ratcliffe, the
provinces registrar of mineral and petroleum titles. New requests
have not been approved. Under the Treasure Trove Act, the province
is entitled to one-10th of the find or the equivalent monetary
value. Four people, including Blankenship have applied to the
government for the five year permits.
Oak Island Mystery Solved Dan Blankenship says he has evidence
the isle has
millions in gold and silver
MISSING LINKS - Dan Blankenship displays some chains from Oak
Island.
-
Secretarys Report for the meeting on August 23rd, 2004 President
Dove opened the meeting at 7:05pm. Secretary and Treasurers reports
were presented by Jim
Goaziou and Tom Ferverda respectively. Both were approved as
read. Visitors Dennis Bruhl, Jeff Sutton and Kevin Sweeney were
welcomed to the meeting. Amy Eberhardt has agreed to take over the
responsibility and work of providing refreshments while Charles
Alber recovers from illness. Allen Dove reported that the date for
the Banquet will be Monday, December 6th. The program for the
evening was provided by Vinton Dove, Dave Reid and Jim Goaziou who
attended the ANA convention in Pittsburgh. Dave Reid told the club
about the 1866 No Arrows Dollar, 2 - 1913 Liberty Nickels, a King
of Siam Proof Set, and a large group of 1795 Dollars on display at
the convention. He stated prices were very high, inflated, really
no bargains. Also that attendance seemed good but the Saturday Noon
crowd was small; average age seemed to be 50s and 60s and very few
young persons and children were noticed. The Bureau of Printing and
Engraving, U.S. Postal Service, World Mints and many clubs and
organizations were represented. Vinton Dove reported on some of the
outstanding exhibits including a complete set of Mint State Three
Dollar Gold pieces. Jim Goaziou further discussed some of the
exhibits, I.C.C. Programs upcoming and asked for members to
consider running for office in the upcoming election. President
Dove announced that the Nominating Committee will be himself, Dave
Reid and Tom Ferverda for the November election. The meeting was
adjourned at 8:35pm. Respectfully Submitted,
J.W. Goaziou, Secretary
The Monthly Planchet, September 2004 Page 4
Treasurers Report August 2004 Income:
Membership $24.00 50/50 $21.00 Newsletter Ad $35.00
$80.00
Expenses:
Liability Insurance $250.00 Newsletter Printing $ 22.74
Newsletter Postage $ 20.35 $293.09 Net Monthly Loss ($213.09)
Checking Account Balance $4,590.33 I.C.C - CDs 235153 $5,076.50
241105 $5,063.01 248114 $5,061.03 (est due 9/6/04) $15,200.54
Respectfully Submitted,
Tom Ferverda, Treasurer
The educational Program
for September - State of the
Hobby presentation by Coz Raimondi!
-
The Monthly Planchet, September 2004 Page 5
Letter to the Editor ANA Meets in Pittsburgh The American
Numismatic Association held its Worlds Fair of Money show at the
David Lawrence Civic Center in Pittsburgh, PA August 18-22. As an
attendee, I made several observations. If you like to look at nice
coins, the ANA show has more to see than the Smithsonian Institute.
First, you can see Mint State and Proof Coins from the 1850s to the
present day, right there on the bourse floor. Most are slabbed or
certified coins, so you know they are genuine. Also, the dealers
will hand you the coins (in their holders), so you can get a really
close look at them. This is very exciting, and it is educational. I
never knew what a Matte Proof coin looked like until I bought one,
(from a dealer I trusted), but then I went to the ANA show and saw
more than a half-dozen of them. Of course, the ISNA show, right
here in Indianapolis, will have many of the same coins, although
the selection will not be as large. Superior Galleries brought a
display of US Silver
Upcoming Shows
October 3rd - Logansport Coin & Collectibles Show Logansport
IN Holiday Inn U.S. 24 East. Hours: 10am-4pm
10th - 71st Street Coin Show - Indianapolis IN K of C Hall 2100
East 71st St. off Key stone Ave. Hours: 9am-3:45pm
16th - Comfort Suites - South Bend IN off of SR 31/33 North Exit
77 Toll Road, North of Roseland. Hours: 10am-5pm
17th - Lafayette Coin Show - Lafayette IN Tippecanoe County
Fairgrounds, 1401 Teal Rd. Hours 9am-4pm
24th - Evansville Coin Club - Evansville IN C.K. Newsome
Community Center 100 East Walnut St. Hours: 9am-4pm
Off to another Coin Show
Dont forget to bring your auction items and some money to the
meeting! Going, Going, Gone....
ICC Auction
1234
5678
90 1234567890
Dollars, dating from 1794 to 1803, and had about 50 examples.
The coins were all certified, most of them by PCGS, and virtually
all of the coins were Extremely Fine or About Uncirculated
condition. It was breathtaking! There is also an Exhibit area, and
there was a complete set of US Three Dollar Gold pieces in one of
the exhibits. The set was mostly Proof and Mint State, and all of
the coins were certified. It was very impressive! Most of the coin
certification and grading services had tables at the show, and I
had one of my purchases graded by ANACS, for free. Of course, they
did not encapsulate the coin, since that would have cost money, but
I was very happy to have an expert grader give me his opinion of my
coins condition. (For FREE!) I also met the owners of Capital
Plastics, Inc., the maker of the 3-layer coin holders. It was a
very impressive show, and I recommend to everyone that they attend
one show, at least sometime during their life. Vinton Dove
Indianapolis, IN