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Table of Contents
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Paper #tene ,i3
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DEVOTED TO THE STUDY OF CURRENCY
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aor
Eli Die(.61 ; L.5,00f*/ -
Ef 1,/i.i/i, /r/:1 ''/ %/,
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Es; the Civil War. This ten-cent note is one of a set de-
The famed Parker House of Boston issued strip during
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scribed by Maurice Gould in his article on Page 107.
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Ei VOL. 9 1970 NO. 3
Ei Whole No. 35 1.3
Ei
OFFICIAL PUBLICATION
Ei
OF
Ei society el Paper !pokey Collector-1f i.
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(0 1970 by The Society of Paper Money Collectors, Inc.
113
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EDUCATIONAL SERIES NOTES
1896 $1, $2, $5 Silver Certificates, each a Choice Crisp Uncirculated Note. Truly our Most Beautiful
Issue - True Americana at Its Finest.
$1.00 "History Instructing Youth." Crisp New # $99.75, CN Superb (centered) $116.75
$2.00 "Science Presenting Steam and Electricity to Commerce and Industry." The Five Females Note. Crisp New #
$329.75, CN Superb (centered) 369.75
$5.00 "Electricity Enlightening the World." Cr. New # $379.75, CN Superb (centered) 429.75
Complete Set (3), all Crisp New, Superb (centered)
rite
Another Set 131: all Crisp New # - Nice as the Day they were issued
Another Set (3) : all Crisp New # (the $2 and $5 each have very faint, barely visible folds on reverse. Beautiful,
Choice Set 5
Above Notes are housed in Plastic Holders, with Titles.
559.7
# Indicates not as well centered.
RARE UNCUT SHEET SPECIALS
Beautiful Crisp New Sheets. Move UP Your Collection to the "Blue Ribbon Winner" Class with these Rare Showpieces. Cat.
Prices in ( I. Wanted-Sheets 4, 6, 12, 18, Fractional.
SHEETS OF TWELVE SHEETS OF EIGHTEEN
$1--Silver 1935-D
($450.00) $1-Silver 1935-E ($550.00)$5--Silver 1934-D
15550.00) $5-Silver 1953 15
$2-Legal 1928-G
)$425.00) $10-Silver 1934-D (Pay $850)
($1$,29000..0000
$5-Legal 1928-E (Pay $425 )
52-Legal 1953 I $750.00 1
$1-Hawaii 1935-A
i $550.001
s5-Legal 1953 (Pay $550)I 51,000.001 ($800.00)
The Five Sheets 52,697.75 The Five Sheet, $3,847.75
1918 $1.00 FEDERAL RESERVE BANK NOTES
Complete Set, all 12 Districts. Beautiful Crisp New
9Send your Want List of VF/Unc. $1, $2 F.R.B. Hundreds in stock. Also, List of Scarce/Rare Notes, all Series. We ma y havev e
a few of those missing "toughies."
1963/1969 $1.00 FEDERAL RES. BANK NOTES
Set, Last 2 Star Set, Last
All Superb Crisp New Scts:
Sets Nos. Match Star Set 2 Nos. Match
1963 Granahan/Dillon
(12)
$17.95 (12)(12) (12)
16.95I963A Granahan/Fowler
(12) (12) $1189.7755 (12) (12) $22735..97755
1963
B
Granahan/Barr 151 6.95 ( 5) 7.95 ( 4)
$22.95
6.95 ( 4)
1969 Elston /Kennedy (12)
14.95 (12) 15.95 (12) 18.95 (12) 20.75
Above Four Sets - (41) 59.75 - (40) 74.75
1963B Set (5), Last 3 Nos. Match $8.95, "Stars", Last 3 Nos. Match
9.95
1969 Set (12), Last 3 No;. Match $16.75, "Stars", Last 3 Nos. Match Write
KENNEDY SUFFIX-BB, EB, FB, GB, GC, LB (any 10 $13.00) Each 1.40
TOM'S ALBUMS-Available soon for above Sets. Send your Name and we'll notify you when Albums for 1963B/1969 are ready. Othcrs in stock
NOW-Write for Prices.
FLIP UP ALBUMS ANCO ALBUMS
9 1/x11 1/2Capacity 50 Notes. Postpaid DeLuxe Currency 9
1. For Large Notes 12.50 available in Red, Blue, Green, White or
2. For Small Notes 10.50 Brown Binders, postpaid 8.75
IMPORTANT BOOKS - Postpaid
Your Name in Gold on Albums or Books, if desired.
Christoph & Krause's "U. S. Postage & Fractional Currency 1862-1876." Size 7 1/2 x10 1/, 39 pages,
enlarged illus., up-to-date Valuations 1.00.
Donlon's "Catalogue of Small Size Paper Money." 1st Edition 3.95.
2nd Edition $2.75, 3rd Edition $1.50, 4th or 5th E qition $1.00, 6th Edition 1.50*
"U.S. Large Size Paper Money." 1861 to 1923. 1st Edition $1.75, 2nd Edition 3.00*
Friedberg's "Paper Money of the United States." 6th Edition 14.00
Kemm's "Official Guide of U.S. Paper Money." 3rd Ed. Hardcover $2.95, Paper 1.10*
Goodman, O'Donnell & Schwartz "Standard Handbook of Modern U.S. Paper Money" 2nd Ed. 1.50.
Shafer's "Guide Book of Modern U.S. Currency." Uses Donlon Nos. 4th Edition 2.00*
McKee's "The Wildcat Bank Notes, Scrip & Currencies of Nebraska Prior to 1900." 60 pages,
illustrated valuations 6.95
SPECIAL-Above Six Books starred * 8.25
WANTED-National Gold Banks 11870-1875), all Territorials; Rarer and Choice Nationals
(no Small size) ; Two-Denominations, and Rarer Notes in all Series (Large only). Whether
Buying or Selling, there's a Better Deal for you at Bebee's. How about a Trial-to Prove it.
BUY ON OUR E - Z PAYMENT PLAN
$100.00 Minimum. No Carrying Charges : Terms 5 to 10 Months. Write for our Amazing Plan. 100 °o Satisfaction Always.
Minimum Order $5.00 (except Books) Add 50c (75c for airmail) on orders under $100.00. Nebraska Residents add Sales
Tax. Remember, Currency is still your Best Investment and, as all "Smart Buyers" know, the Best Buys are at Bebee's!
Bebee's, inc.
"Pronto Service"
4514 North 30th Street Phone 402-451-4766 Omaha, Nebraska 68111
Paper littmq
VOL. 9 NO. 3
THIRD QUARTER 1970
WHOLE NO. 35
PUBLISHED QUARTERLY BY THE SOCIETY OF PAPER MONEY COLLECTORS
Editor Barbara R. Mueller, 225 S. Fischer Aye., Jefferson, Wis. 53549
Publisher J. Roy Pennell, Jr., Box 3005, Anderson, S. C. 29621
Direct only manuscripts and advertising matter to Editor.
Direct all other correspondence about membership affairs, address changes, and back
numbers of Paper Money to the Secretary, Vernon L. Brown, Box 8984, Fort Lauder-
dale. Fla. 33310.
Membership in the Society of Paper Money Collectors, including a subscription to
Paper Money, is available to all interested and responsible collectors upon proper
application to the Secretary and payment of a $4 fee.
Entered as second-class matter July 31, 1967, at the Post Office at Anderson, S. C.
29621 with additional mailing privileges at Federalsburg, Md. 21632, under the Act
of March 3, 1879.
Non-member Subscription, $5.00 a year. Published quarterly.
ADVERTISING RATES
One Time Yearly
Outside Rear Cover
$37.50 $140.00
Inside Front & Rear Cover
35.00 130.00
Full Page
30.00
110.00
Half Page
17.50 60.00
Quarter Page
10.00 35.00
Issue No. 36
Issue No. 37
Schedule for 1970-71
Advertising Publication
Deadline Date
Nov. 15, 1970 Dec. 8, 1970
Feb. 15, 1971
Mar. 8, 1971
CONTENTS
A Display of New Mexico National Bank Notes, by Roman L. Latimer 91
First National Bank of Santa Fe Medal
93
Centennial Reprints of Confederate Currency, by Everett K. Cooper
94
Historically Important Notes, by Guinn B. Smedley 97
New Book Available on National Banking System 98
Action at Auction
98
Silver Certificates—Sequential and Dovetail Blocks, by Roland S. Carrothers 99
The Free City of Danzig and Currency Depreciation, 1920-23, by Richard Banyai 103
Paper Money Issued in Russia During World War One 1915-1918, by Michael
M. Byckoff 104
The CIA. de Real del Monte Y Pachuca Notes for the Bank of Montreal, by
Maurice M. Gould 106
The Parker House of Boston Notes, by Maurice M. Gould 107
Bank Signatures Overprinted on 1902 Series National Bank Notes by The Bureau
of Engraving and Printing, by Peter Huntoon 110
A Glance Back at the Obsolete Bank Note Era, by Cliff Murk 111
Mexican Memos, by Ed Shlieker 111
Interspersing of Face Plate Numbers on $1 F.R.N. Series 1963A and 1963B,
by Bob McCurdy 112
Errors Are Where You Find Them. by Peter Huntoon 113
Famous Americans on the One Dollar Educational Note (continued), by Howard
W. Parshall 114
Bank Checks as Mexican Currency, by Ed Shlieker 120
THE SOCIETY OF PAPER MONEY COLLECTORS, INC.
Society of Paper Money Collectors, Inc. Tenth Annual Meeting 116
Secretary's Report 117
SPMC Member Again Wins Nathan Gold Award 118
Money Mart 119
Library Notes 120
lac et, el Pape, Blaney Collectoui
OFFICERS
President Glenn B. Smedley, 303 Homestead Rd., LaGrange Park, Ill. 60525
Vice-President J. Roy Pennell, Jr., P. 0. Box 3005, Anderson, S. C. 29621
Secretary Vernon L. Brown, P. 0. Box 8984, Fort Lauderdale, Fla. 33310
Treasurer M. Owen Warns, P. 0. Box 1840, Milwaukee, Wis. 53201
APPOINTEES-1969 - 70
Librarian Barbara R. Mueller
Attorney Ellis Edlow
IOARD OF GOVERNORS- 1969 - 70
Thomas C. Bain, William P. Donlon, Harley L. Freeman, Nathan Goldstein II, Maurice
M. Gould, James L. Grebinger, Alfred D. Hoch, Richard T. Hoober, Brent H. Hughes,
John H. Morris, Jr., Charles O'Donnell, J. Roy Pennell, Jr., Glenn B. Smedley, George
W. Wait, M. 0. Warns.
i'll1111111111111111111 1111111111111111111111;1111111111111111110111111111111111111111111111111111111111111111111111111111111111111111111111111111111 1111111111111111111111111111111111011111111E
= _
.
=
=
= Important Notice= =
= =
= E= Paper Money Is A Copyrighted Publication E.
E =
= =
E-.
No article originally appearing in this publication. or part thereof or condensa-
Liong
=
of same, can be reprinted elsewhere without the express permission of the Editor.
Although your Officers recognize the publicity value to the Society of occasional re-
prints,-..1.= they cannot allow indiscriminate use of the material from PAPER MONEY in =
E other publications even when condoned by the author. Therefore. authors should 11::=
=E..-' contact the Editor for permission to reprint their work elsewhere and to make ar-
rangements for copyrighting their work in their own names. if desired. Only in this= =
way can we maintain the integrity of PAPER MONEY and our contributors.
E E
511111111111111111111111111111111111111111111111111111111111111111111111111M1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111iIIIM
WHOLE NO. 35
Paper Money PAGE 91
A Display of
New Mexico National Bank Notes
By Roman L. Latimer
The First National Bank of Santa Fe has the distinc-
tion of being the oldest hank in the Southwest. It was
founded in 1870 by Lucien B. Maxwell, a powerful land-
owner and frontiersman from Cimarron, New Mexico,
who organized the bank with a portion of the money
he received from the sale of his huge Maxwell Land
Grant.
Late in 1968, it was realized that the First National
Bank of Santa Fe would be celebrating its centennial
anniversary in 1970. The thought occurred to the author
that the bank might he interested in having a display
of National Bank Notes issued by it and other banks in
New Mexico as part of their celebration activities. After
obtaining permission from the President, Mr. C. K.
Skinner. Jr.. and the Vice-President and Cashier, Mr.
D. D. Van Soelen, to proceed with the project. I began
the search to obtain as many notes from various towns
and banks in New Mexico as possible to produce what
may be the largest collection of New Mexico National
Bank Notes ever assembled for public display.
Nearly one hundred letters were written to bank presi-
dents, retired bank personnel, and relatives of ex-hank
officials in an effort to find these scarce items. The
people contacted were, for the most part, glad to help
the project along and contributed a wealth of informa-
tion pertaining to the early banking history of the State.
Many collectors and dealers in paper money around the
United States were also contacted to see what they might
have available in New Mexico material that could be
added to the display.
The project was completed a few weeks into 1970, and
the display turned over to the First National Bank of
Santa Fe for its use during the year. It is now located
in the main lobby of the hank and has drawn people
from all parts of the state to see it. Thanks to excellent
publicity on the part of the bank, it is proving to be
one of the highlights of the celebration.
Of particular interest to collectors is the fact that notes
of all three charter periods as well as the small-size 1929
series notes as issued by the First National Bank of Santa
Fe are included in the display. The notes include the
signatures of all presidents and cashiers of the bank
during the note-issuing period, with the exception of
three.
Other notes of interest in the display are: a third
charter, red seal Territory of New Mexico $10 note from
the Citizens National Bank of Roswell, sheet #1, that
was carried as identification by the bank's cashier.
Nathan Jaffa: and a third charter. dated back, territorial
S10 note from the First National Bank of Lake Arthur
that has on it the signature of the only woman bank
official in the collection. Ida Hammond. as cashier.
Several other banks in the state have expressed interest
in the collection, so it is now intended that a display
will be prepared to circulate to these banks and others
that may desire to have it for public exhibition.
Other New Mexico notes have been discovered since
the display was prepared and will be added to the col-
lection at a later date. The search continues to turn up
notes that were issued by other New Mexico banks for
future use. The challenge has been a large one, but one
that has proven to be most rewarding.
It is felt that these bank notes help to tell a part of the
history of banking in New Mexico. Many of New
Mexico's most prominent men helped to organize these
banks. and their signatures on these notes tell a small
and little-known portion of the story pertaining to the
growth of a territory and state.
For information of fellow National Bank Note col-
lectors, the following is a listing of New Mexico notes
contained in the display:
Center Frame
(All notes from the First National Bank of Santa Fe
(1750))
TERRITORY OF NEW MEXICO:
Fr. 382, $1 FCP Lt. Ser. #D9947, Top Ser. #4339
Fr. 484, $10 SCP Bottom Ser. #2956, Top Ser. #A72952A
Fr. 616, $10 TCP (dated back) Bottom Ser. #46, Top
Ser. #Y813071
Fr. 642, $20 TCP (dated back) Bottom Ser. #627, Top
Ser. #Y813652
STATE OF NEW MEXICO:
Fr. 602, $5 TCP Bottom Ser. #9754, Top Ser. #B396365H
Fr. 628, $10 TCP Bottom Ser. #6211, Top Ser.
#Z236513E
Fr. 628, $10 TCP Bottom Ser. #4442, Top Ser.
#D800274E
rr. 1800-1, $5 Ser. #B001698A
14.r. 1801-2, $10 Ser. #A001766
Fr. 1802-1, $20 Ser. #C000164A
Top Frame
TERRITORY OF NEW MEXICO:
Fr. 621, $10 TCP (red seal) The Citizen's National Bank
of Roswell (6777), lower #1, upper #B22044
Fr. 615, $10 TCP (dated back) The First National Bank
of Lake Arthur (8584) lower #1256, upper #D499547A
STATE OF NEW MEXICO:
Fr. 538-b, $5 SCP The First National Bank of Albuquer-
que (2614) lower #11071, upper #R612533
Fr. 617. $10 TCP (dated back) The First National Bank
of Tucumcari (6288) lower #1034, upper #B56820B
Fr. 606, $5 TCP The Citizens National Bank of Albu-
querqu e (11442) lower #925, upper #K525026D
Fr. 607, $5 TCP The First National Bank in Gallup
(11900) upper and lower #11860
PAGE 92 Paper Money WHOLE NO. 35
Am.
The National Bank Note display at. the First National Bank of Santa Fe, N. Mex. Left to right: D. D. Van
Soelen, Vice-President and Cashier; C. K. Spinner, President; Roman L. Latimer, developer of the collection;
and L. E. Meyer, committee co-chairman.
Fr. 609, $5 TCP Albuquerque National Trust & Savings
Bank (12485) upper & lower #936
Fr. 628, $10 TCP The First National Bank of Santa Fe
(1750) lower #6209, upper #Z236511E
Fr. 632, $10 TCP The First National Bank of Las Vegas
(2436) lower #8811, upper #Y200143E
Fr. 628, $10 TCP The State National Bank of Albu-
querque (7186) lower #16460, upper #B760972E
Fr. 628, $10 TCP The First National Bank of Melrose
(8397) lower #2329, upper #D57251E
Fr. 660, $20 TCP The First National Bank of Albuquer-
que (2614) upper and lower #20922
Fr. 660, $20 TCP The First National Bank of Santa
Rosa (6081) upper & lower #3577
Fr. 654, $20 TCP The American National Bank of
Silver City (8132) lower #7355, upper #B416897K
Fr. 661, $20 TCP Albuquerque National Bank (12485)
upper & lower #142
Bottom Frame
Fr. 1800-1, $5 The First National Bank of Santa Fe
(1750) Ser. #E001615A
Fr. 1800-2, $5 The First National Bank of Belen (6597)
Ser. #A002626
Fr. 1800-2, $5 Albuquerque National Trust & Savings
Bank (12485) #A014962
Fr. 1801-1, $10 The First National Bank of Albuquer-
que (2614) #C004202A
Fr. 1801-1. $10 The First National Bank of Santa Rosa
(6081) #A000933A
Fr. 1801-2, $10 The First National Bank of Tucumcari
(6288) #A000059
WHOLE NO. 35
Paper Money PAGE 93
Close-up of one of the frames
Fr. 1801-1, $10 The American National Bank of Silver
City (8132) #E001073A
Fr. 1801-1, $10 First National Bank in Raton (12924)
#C003079A
Fr. 1802-1, $20 The First National Bank of Santa Fe
(1750) #F000185A
Fr. 1802-1, $20, Albuquerque National Trust & Savings
Bank (12485) #C000891A
Fr. 1802-1, $20 The Carlsbad National Bank (12569)
#F000373A
Fr. 1802-1, $20 First National Bank in Raton (12924)
#D000390A
(SPMC member Roman L. Latimer, developer of the
above collection, is a life long resident of Santa Fe and
a Design Supervisor for the State Highway Department.
His great grandfather. Ramon A. Baca, was one of the
first customers of the First National Bank of Santa Fe.)
First National Bank of
Santa Fe Medal
In connection with the feature on the notes of the First
National Bank of Santa Fe, it is worth mentioning that
the hank is issuing commemorative medallions and a
history in book form. The medallions, designed by
Santa Fe artist Donna Quasthoff and produced by the
Medallic Art Co., picture the seal of the bank on the
obverse and the present pueblo-style bank building with
a stagecoach symbolizing the year 1870 on the reverse.
They are available in bronze ($2) or silver ($11) ; the
book sells for $2.25, all items postpaid from Wm. R.
Heald. P. O. Box 216. Albuquerque. N. M. 87101.
PAGE 94
Paper Money WHOLE NO. 35
Centennial Reprints of Confederate Currency
By Everett K. Cooper
A "second generation" of Confederate paper money
was given birth immediately preceding and during the
1961-1965 centennial of the Civil War. The increased
interest in memorabilia and literature of the War Between
the States was a natural phenomenon and it produced
much in the way of souvenir material for sale to the
general public. Included were several sets of souvenir
copies of the currency issued by the Confederate govern-
ment. The average collector today will not be deceived
by these centennial reprints, but they could deceive a nov-
ice collector. Following the military adage that it is
wise to know your enemy, a list of the most widely distrib-
uted sets prepared during that period is compiled here.
Appearance. constant serial number. printed signatures,
and reprint mark will be the key point in their recogni-
tion.
Two recent instances have come to this writer's atten-
tion of a non-collector bringing forth one of these
souvenirs with an interesting anecdote of being found
hidden in a chimney of an old house! One of the cases
was in England! Caveat Emptor will be the watchword
as time passes and the memory of the centennial dims and
these second generation Confederate notes age naturally.
There were numerous other reprints of individual
notes, with or without advertising material printed on
them. which were locally reproduced and did not gain
the national distribution that the above achieved.
CHECKLIST OF COMMON CENTENNIAL REPRINTS OF CONFEDERATE
CURRENCY
Denomination - Issue Date Criswell No. Plate Serial Number Back
The General Mills breakfast cereal "Cheerios" premium issued winter 1954-1955. Backs
are marked in small type "REPRINTED U.S.A. 1954."
$1 February 17, 1864
$2 February 17, 1864
$5 February 17, 1864
$10 February 17, 1864
$20 February 17, 1864
$50 February 17, 1864
$100 February 17, 1864
$500 February 17, 1864
$1000 May 28, 1861
574
569
560
548
512
498
490
489
1
D
D
H
H
B
XA
A
A
A
82283
34098
1138
83185
13410
77114
92685
9229
176
Plain
Plain
Printed
Printed
Printed
Printed
Printed
Plain
Plain
Whitman Confederate play money, nationally distributed through chain stores. Backs
are marked in small type "FACSIMILE."
$1
$5
$10
$20
$50
$100
February 17, 1864
February 17, 1864
February 17, 1864
February 17, 1864
February 17, 1864
Nov. 20, 1862
574
562
546
511
498
316
B
D
D
C
WA
82129
18262
40679
46410
72104
65798
Printed
Printed
Printed
Printed
Printed
Printed
Antiqued reproduction printed on crinkled brown paper made to appear antique.
Issued in two sets of state and private issue notes and ono Confederate government
note.
$500 February 17, 1864 489 16760 Plain
Souvenir Confederate money copyrighted 1953 by Gilbert Humphreys, sold in envelopes
containing $680 in face value. Well done reproductions with no reprint markings.
50c April 6, 1863 485 F 104508 Blue design
$5 February 17, 1864 564 B 45806 Printed
$10 February 17, 1864 545 B 22462 Printed
$10 April 6, 1863 431 II 50863 Printed
$10 September 2, 1861 189 W 81484 Printed
$20 February 17, 1864 T-67 D 23483 Printed
$20 September 2, 1861 141 3 102945 Printed
$50 February 17, 1864 499 XA 24791 Printed
$50 December 2, 1862 362A XA 85165 Printed
$100 October 2, 1862 294 Ae 57939 Printed
$100 August 26, 1862 310 Y 459 Printed
$500 February 17, 1864 489 B 16599 Printed
$500 February 17, 1864 489 D 393 Printed
Cheerios
CONFEDERATE
MONEY!
LOONS LIKE THE REAL THI NCii ,
9 BILLS
FROM $1 TO $1,000
lissImimp IT ... 12... 55 ... 510
510
.. $50 ...$500 and 51000...
ONE IN EVERY SPECIAL
CHEERIOS BOX!
These or* reproductions of authentic
Coefede,e1e bRs great for play ...
o "fun" way M Icons American history.
Yowb be prowl to own (11,0
Star, yaw collection new... b. Rol in yam'
lgtsboehood %own all 9 <1./(efenn bill,,
A, ^a, pet afros 700 tuo Racist them,
far Other thint1
The gsd cereal ready to eat
MADE OF OAT FLOUR, WHEAT STARCH, SALT, SUGAR, SODIUM PHOSPHATE,
CALCIUM CARBONATE, IRON, NIACIN, THIAMINE (Vitamin B,) and RIBOFLAVIN.
ir,
„ EA f •• -.won IT GE L INC. Goan OfeKVS, MINIWOUS, ANN.
CONFEDERATE MONEY
WHOLE NO. 35
Paper Money PAGE 95
Frcnt and side of cereal box advertising General Mills' reproductions
Envelope used for packets of Gilbert Humphreys' reproductions
,./6/44.4b,
I • 4L'i
WILVENS k THE rNITZI) MTBS,
7411: ti„ te
1670 tat A: 176
(C.Nej r.11 40,411054: t44
f t
CONFEDERATE CURRENCY
Antiqued Reproductions - They LOOK OLD and FEEL OLD!
IS SET A" VIRGINIAs MISSISSIPPI
ObtionSet toCoaadeteSeries
GEORGIA SOUTH CAROLINA
ARKANSAS NORTH CAROLINA
NOTE: THIS g SET "8". Obtain SET "A" here, also—to complete the series of Confederate curren•y.
HISTORY OF CONE ..g RATE CURRENCY
Ai iva i a,..• of the C'i'i War. Confederate currency was accepted
were sometimes mvIho og,..1,
medium of
user., goddess a . ai•
-•:.,,.• e Start as 0medium high purchasing power ludi. war: Tents. goddess of earth: Caret 90C.1011 of agricu • vi .- •..
..th rn Sta tes issced their own Currency in addition to the illustrations showed Justice and .:berry or business actse v • ., . .
• --e z. ',sued by the Government of the Confederate States of CCottonFpicking,sfeothbOating. or par halts of heroes of the Ra
,
Ya .-
la-Ss and maMc•oal7iies also issued Confederate currency Conan,' War.
However in o chart time, the need i'
.
for speed ad e v e-tua ,ly the
a f'-s, issxes inoicated engraving and printing of the highest shortage of pro per Pa per stock resulfec o f 'owerec daa?:ty 7 , paper
:. , • n any some of the notes were beaut i f,,, — coloring and design currency. Many of the issues were no t Or Tnte0 on the reverse t'fvfe
—at'on, ano designs that essisted in State bank notes before the . Emcessive printing of currency and the adverse progress o f 'the war
C• , W., ware vied on some of the Confederate notes. Il l ustration, resulted 'n de preciatio n o f the cutru-cy
•
• • • SET "A" INTERESTING FACTS ABOUT THE MONEY IN THE SETS SET "B" • • •
soma associations issued their own script.
Virginia S100-- The Faith of the Commonwealth . 1 ffiedged. ' Por.
•r a ts of George Washington and the Indian' probably Pocahontas,
J •* i rr ereSt no
Mississippi Sloo—B r it bears the very high interest rate of ten percent.
South Caroline Cotton Growers Association IS—Example of an associ.
once
.1.'0 issued their own currency during the Civil War. Notice the
amine Sacred be a Pledge o f Cotton at Si. Cents per Pound for
• ^e Amoart of the issue ,as wet, as the Private Property of the Stock•
^Ottlers' On the opposite end the notation "Redeemable in Gold
e;tr Month, after the Raising of the Blockade of our Coast.'l'se °ace the bill also indicated scarcity of paper as it was orig.
r oily 'Hyoid as warrants.
Georgia 5100.--Note the excellent art work
Ark
”--The back of the note shows that there
was a scarcity
of Diaper in iSs2 Paper that was originally intended as a bond was
cut in sm i ller Pieces end used for Pa per currency.
berth tereties $1—Recorivabl• in payment ''of ell Public Dues".
Confederate Stoles of Americo . 5500—I ssued by the Gou•rothen• o.the Confederate States of America Payable tsuo rydars after the rat;-
4iCatiOn o f a Treat y of Peace between the Confederate States and the
United States. Notice the portrait of 1..,eu,*,,t Sto-ewau' Jackson
and the equestrian statue of George Washi-gton with the conted•,,sfe
flag.
Texas $$—Treasury warrants issued tyr rnTiary service
Tennessee--Bank of Chattanooga 52—Exampie of a bank rhossand
Paper currency
Leckie's. MO—Payable tweive myrrh, after a definite T rea ty of
Peace between the Confederate S t ates and the United States. This is
an esample of lire engraving.
Florida 51— Pledged by the public lands of the slate
diaperr,. $100—Redeemable in Confederate Treasury notes or five
Per cent bonds of the state. Picture, of Indians are beautifully drawn.
of 55 510 $20
550 $100 BILLS
4407: Whitman Publiihing Co.
Paper MoneyPAGE 96 WHOLE NO. 35
Unmarked win:killed reproduction
Wrapper for Whiliman pla .n looney
WHOLE NO. 35
Paper Money PAGE 97
Historically Important Notes
By Glenn B. Smedley
Photo by Rehder
The Rank of America, Chicago, functioned from 1852 to 1860. Anyone knowing of another note
of this bank will do the writer of this article a favor by so advising him.
Photo by Rehdet
George Smith & Co., ca. 1839-58, was the vehicle through which Smith carried
on many of his varied activities. At no time was it a formal bank even though it
functioned as one.
The picture of a $1 Silver Certificate, Series 1957B,
was published recently over the caption "A Poker Player's
Dream." Strictly speaking, the caption referred to the
certificate's serial number, U22222222A. A rare num-
bered note, indeed!
This report deals with a note which could be termed,
quite properly, "A Note-Collector's Dream." While it
undoubtedly means more to the present owner and the
writer than to most paper money collectors, few would
spurn the perfect, black-and-white proof $3 Bank of
America, Chicago, note. Proof notes on any bank are
rare and in demand, as are most Illinois bank notes, and
$3 notes are sought by many collectors.
What may not be so well known is that this note is one
of only two extant notes on the Bank of America, Chi-
cago, a fact of which a number of knowledgeable collec-
tors are aware. The other is a $2 proof, owned by a
prominent Chicago collector. Both notes came to light
in the April sale of material from the Wismer-Osmun
collection.
PAGE 98
Paper Money WHOLE NO. 35
There have been three banks in Chicago by this name,
but the subject note represents the first of them, organized
in mid-1852 by George Smith and Elisha Willard, who
together formed the important firm of George Smith and
Company (18391. It should be noted that this note is
payable "to A. Mitchell or Bearer." Alexander Mitchell
was a key figure in the banking and real estate empire
headed by the canny Scot, George Smith.
Coming to America and Chicago in 1834, George Smith
brought funds gathered from his friends and associates
in Aberdeenshire. He was only 26 years of age and had
only one goal-to make money for himself and his back-
ers. There is no record as to the amount of money he
brought with him from Scotland, but it was not great.
Yet he used it wisely and secured more from the same
source soon.
The story of his lonely life and varied business ventures
is too involved to even touch upon here. He built a net-
work of banking and financial establishments, supplied
the Chicago-Milwaukee area with its only reliable cur-
rency for some 12 years and, at just over the age of 50,
left the scene of action and retired to London. The
extent of his wealth was never revealed during his life-
time, but when he died in 1899, his estate amounted to
some 52 million dollars. In his nearly 40 years of re-
tirement, he always dismissed the subject of wealth by
saying, "I have too much money."
The fascinating story, which reads more like a novel
than a biography, is told admirably by Alice E. Smith
(not related) in the 1966, 208-page book George Smith's
Money, available at $4.50 from the State Historical Socie-
ty of Wisconsin, 816 State St., Madison, Wis. 53706.
(About a year ago Miss Smith advised the writer that she
had no knowledge of any extant notes of George Smith's
Bank of America, Chicago.)
New Book Available on
National Banking System
The Comptroller and Bank Supervision by Ross M.
Robertson. 1968. 262 pp., illustrated. Clothbound.
Office of the Comptroller of the Currency, Fiscal Man-
agement Division, Accounting Branch, Room 4116,
Main Treasury Building, Washington, D. C. 20220.
$2.00
This handsome book, commissioned by the Comptroller
of the Currency, provides an interesting history of the
National Banking System in the United States. It ac-
curately describes the functions and role of the Comp-
troller of the Currency, past and present. A number of
excellent photographs and illustrations are provided in
addition to the clear and concise text.
The appendix contains a list of all Comptrollers of the
Currency, a list of banks remaining of the first 50 Na-
tional Charters, and a synopsis of National Bank legis-
lation with simplified explanation. The book's compre-
hensive bibliography would be helpful to anyone studying
or researching in the paper money or banking field.
This masterpiece is a "must" for all National Currency
collectors and researchers, and students of bank and
economic history. In addition, many paper money col-
lectors and other numismatists would certainly find the
information of much value and interest.
LARRY ADAMS
Action at Auction
On April 2-4, 1970, Stack's sold the numismatic hold-
ings of the late George C. Slawson, who also left a con-
siderable philatelic estate. Among the realizations of in-
terest to paper money collectors are these: (Comments
in quotation marks are the auctioneer's.)
Legal Tender "extremely rare 1875 Series C," Fr. 23.
$1 AU "seldom offered in any condition and prohibi-
tively rare in this state of preservation." $230
Legal Tender Fr. 25, $1, 1875 Series E, VG. "To the
best of our knowledge this is the first time we have
handled this note in over 10 years." $105
Legal Tender Fr. 32, $1, 1880 F-VF, autograph signa-
ture J. N. Houston, Treasurer, U. S. 1889-1891, "a rare
i tem." $110
Silver Certificates Fr. 231, $1, 1899 Napier-Thompson.
UNC, small obverse green ink smudge, "a very rare and
seldom offered note and especially so in this remark-
able condition." $250
Treasury or Coin Notes:
$1, 1891, VG $ 40
$ 50
$ 65
$ 25
$ 50
Inverted Reverses: Fr. 228, $1, 1899, VF; Fr. 1606.
$1, 1934 $130
Star Notes: Fr. 239, $1, 1923 Woods & Tate, F; Fr.
1607, $1, 1935 UNC. three consecutive serial numbers
$140
Federal Reserve Bank Notes: complete set of one of
each district $1 A, F; B, VG; C, VG; D, AU; E, AU;
F, VG; G, UNC (counting mark) ; H. UNC: I. EF; J.
G; K, G; L F $140
Silver Certificates small size: Donlon 201-4, $1, 1928C.
UNC with a counting smudge on obverse near portrait
$250
Silver Certificates:
Donlon 201-5, $1, 1928D, UNC
$160
Donlon 201-6. $1, 1928E, UNC, "a splendid specimen
with but a small counting mark at the right edge of the
bill (not creased)" $550
Donlon R201, $1, 1935A, red "R" UNC
$120
Donlon S201, $1, 1935A, red "S" UNC
$110
Fr. 347, $1, 1890, G-VG; Fr. 351,
Fr. 348, $1, 1890, F.
Fr. 349, $1, 1890, VF.
Fr. 350, $1, 1891, VF.
Fr. 352, $1, 1891, EF.
WHOLE NO. 35
Paper Money PAGE 99
Silver Certificates
Sequential and Dovetail Blocks
By Roland S.
Special situations, of considerable importance and in-
terest to the serious collector of Silver Certificate block
letters, have been developed by changes in printing
schedules at the Bureau of Engraving and Printing. The
changes in printing schedules referred to here are those
of the third process overprint with specific reference to
the application of serial numbers. Such changes have re-
sulted in the definite termination of a block in one series
and the immediate commencement of the same block in
the next series. The same is true of different issues in the
same series. Other changes have been found to be
indefinite, with ranges of serial numbers in the various
series or issues overlapping as switches are made back
and forth between them. In either case, it is possible to
collect the notes of the various series in the block so that
each successive note has a higher serial number than the
preceding one. Collecting in this manner is not difficult,
in most cases, and adds considerable interest to the task.
Any block, common to two or more series or issues, the
notes of which may be collected in order of the
series with each note having a progressively higher serial
number is called a "Sequential Block." Examples of one-
dollar Silver Certificates of this type are as follows:
BLOCK SERIES
NO. OF NOTES
F-A 1928, 1928A
2
S-A 1935A, 1935A-Mule 2
C-B 1928A, 1928B, 1928C
3
P-A
1935, 1935-Mule 4
1935A, 1935A-Mule
*-B
1935A, 1935B, 1935C 5
1935D-Wide, 1935D-Narrow
By referring to Table it will be observed that a collec-
tion of notes of the above Star-B block forms a five-note
sequential block with serial numbers in order, starting
with the lowest number of the sequence in the earliest
series and ending with the highest number of the sequence
in the latest series. Serial numbers in the column on the
right of the table are taken from actual notes in the
author's collection, as are the examples in Table II and
the illustration. In our present knowledge of the serial
number ranges of this particular block, it would be prac-
tically impossible to collect these five notes not in se-
quence.
A more difficult example of a sequential block in the
one-dollar notes is the six-note Star-A block of Series
1928 to 1928E. In this case, the observed serial number
ranges are all overlapping, which makes possible numbers
in each series that are lower than the highest number in
the preceding series and higher than the lowest ones in
the subsequent series. This situation requires more dil-
igence in selecting the serial number in each series which
will result in an acceptable sequence.
Any block, common to three or more series or issues,
the notes of which may be collected in sequence to re-
flect the chronological changes back and forth between
Carrothers
the series or issues, is called a "Dovetail Block." This is
due to the resemblance of the notes in the sequence to the
mortise and tennon of the dovetail joint in carpentry.
Collecting in this manner provides an interesting, and
even more satisfying, variation of the sequential block.
Such blocks may occur in changes from one series to
another or in changes between regular and special issues
in the same series. Usually, in sequences of this type, a
predetermined number of notes is printed in one series or
issue, after which an abrupt change is made to the next
group. When the required number of notes has been
printed in the second group, printing is resumed in the
originating series or issue, or it may proceed to the third
group, and so on. Examples of one-dollar Silver Certif-
icates of this type are as follows:
BLOCK
T-A
Y-B
B-J
SERIES
1935A, 1935A-Mule
1935A
1935A, 1935A-Hawaii
1935A
1935F, 1935G-No Motto
1935F-Late Printing
1935G-No Motto
NO. OF NOTES
3
3
4
The above B-J block is the most celebrated of the
dovetail blocks in the one-dollar notes. In this instance,
it was the intention to terminate Series 1935F after 54,-
000,000 notes had been printed in this block and then
proceed with the printing of Series 1935G to complete
the block. But, after 17,640,000 notes had been printed
in Series 1935G, it was discovered that 360,000 notes,
already processed for Series 1935F except for the third
process overprint, had been overlooked. Series 1935G
schedules were, thereupon, interrupted long enough to
finish the Series 1935F notes. On completion of these
wayward notes, printing was resumed on the remaining
28,000,000 notes to complete the block in Series 1935G.
The block letter collector will readily recognize that, in-
stead of requiring only one note in Series 1935F and
one in Series 1935G to complete the B-J block, he must
have two in each series, with serial numbers falling in
ranges shown in Table IT.
Another, and even more impressive, group of one-dollar
dovetail blocks is to be found in Series 1935A when
interruptions occurred in printing schedules by the inter-
jection of special issues into the program. The first in-
terruption came in 1943 when printing of the regular
issue in the Y-B block was suspended to print the first al-
lotment of the Hawaii Emergency Issue. Here, 68,628.000
notes of the regular issue were printed in the block, after
which the presses were modified to overprint 3,000,000
Hawaii Emergency notes with the brown Treasury Seal
and serial numbers Y68628001B to Y71628000B, and the
word "Hawaii" on the front and back. Following the
printing of the Emergency Issue, printing was resumed
on the remaining 28,372,000 regular notes (serial num-
bers Y71628001B to Y99999999B I in that block.
PAGE 100
Paper Money WHOLE NO. 35
TABLE I
SILVER CERTIFICATES
SEQUENTIAL BUCK
SERIES SERIAL NUMBER RANGE ACTUAL NUMBER
1935A *00000000B - *02650541B *02650541B
1935B *02749841B - *12668468B *08927967B
1935C *13174297B - *49474913B *15265606B
1935D-Wide *49849945B - *99999999B *9500508UB
1935D-Narrow *55213765B - *99999999B *95096662B
TABLE II
SILVER CERTIFICATES
DOVETAIL BLOCK
SERIES SERIAL NUMBER RANGE
ACTUAL NUMBER
1935F B000000013' - B540000003' B444055911
1935G 3540000013' - B716400003 367633573J
1935F-Late Pr. B71640001 J - B720000003- B718673793'
1935G B72000001 - B999999933' B990519883'
The second interruption occurred in the following Z-B
block hut, in this case, after 99,000,000 notes had been
printed in the regular issue, a change was made to print
the second batch of Hawaii notes and the block completed.
This two-note block is a simple sequential block since it
cannot qualify as a dovetail because no return was made
to the originating issue to complete the block, as in the
previous case.
In addition to the Hawaii Emergency Issue, the North
Africa Emergency Issue and the Third Experimental Is-
sue were printed during this period. Other two-note
sequential changes due to these three special issues oc-
curred in blocks A-C and R-C. and dovetailing changes
were made in blocks B-C, C-C, F-C, I-C, L-C, P-C and S-C
during this cycle of Series 1935A as summarized in Table
III.
A photograph of a complete set of notes in the S-C
block of Series 1935A has been furnished also to illus-
trate how much more interesting and effective this method
of collecting is than merely obtaining a single note of
each issue in each block.
A counterpart of this collation in the regular notes of
the S-C block is to be found in the Star-A block of Series
1935 and 1935A. In this instance, it will be noted that
the changes are not as precise as in the C-suffix blocks in
Series 1935A, previously discussed. The ranges of serial
numbers applied to the Emergency and Experimental
Star Issues are definitely known, but are overlapping
between the North Africa and Hawaii Emergency Issues.
And, too, there are regular issues printed between these
two issues. Here the collector will have to exercise his own
ingenuity. He will find it advantageous to obtain the notes
of the special issues—the Series 1935-mule, 1935A-mule,
Hawaii, North Africa, red "R" and red "S" experimental
stars—first. Then, knowing the serial numbers of these,
he can concentrate his search on the star notes of the
regular issues having serial numbers between each suc-
cessive pair of the special issues. Following this method
will be found to produce an ascending sequence of serial
numbers starting with the lowest serial number obtainable
in the Series 1935A regular star issue and progressing
upward in logical steps through the various phases of
the special issues and ending with the highest number
obtainable in the Series 1935A regular star issue.
Sequential and dovetail blocks are not confined to one-
dollar Silver Certificates, but occur also in the five-dollar
and ten-dollar denominations. In the five-dollar notes
there are ten sequential blocks and five dovetail blocks, as
follow:
NO. OF
SERIES 1934
SERIES 1953
NOTES
AND SUBS. AND SUBS.
Sequential
2
D-A N-A
D-A
F-A P-A
F-A
G-A Q-A
H-A T-A
3
M-A -A
Dovetail
3
U-A V-A
4
E-A
12 -A
46
K-A
The five dollar Series 1934A dovetail block K-A, listed
above, is the most extensive to he found in the modern-
size Silver Certificates. It has as its base the Series
1934A regular issue interspersed with seven separate
printings of the North Africa Emergency Issue. Then
interspersed between these two issues are the Series
1934A-mules, the face check number 307 Series 1934A
trial notes, the face check number 307 Series 1934A
North Africa trial note, the Series 1934B regular issue
and the Series 1934B-mule. This block is not difficult to
WHOLE NO. 35
Paper Money PAGE 101
ISSUES
TABLE III
SILVER CERTIFICATE
DOVETAIL BLOCKS
SERIAL NUMBER RANGE ISSUES
Series 1935A - Regular Y00000001B - Y68628000B
Y68628001B - Y71628000B Series 1935A - Hawaii
Series 1935A - Regular Y71628001B - Y99999999B
Series 1935A - Regular B00000001C -B30000000C
B300000010 - B31000000C Series 1935A - No. Africa
Series 1935A - Regular B31000001C - B516240000
B51624001C - B52624000C Series 1935A - No. Africa
Series 1935A - Regular B52624001C - B990000000
B99000001C - 8999999990 Series 1935A - No. Africa
000000001C - 0070000000 Series 1935A - Hawaii
Series 1935A - Regular C07000001C - 0600000000
C60000001C - 0620000000 Series 1935A - No. Africa
Series 1935A - Regular C62000001C - C78000000C
C78000001C - C799040000 Series 1935A - No. Africa
Series 1935A - Regular C79904001C - 0999999990
Series 1935A - Regular F00000001C - F419520000
F41952001C - F41955996C Series 1935A -No. Africa
F41955997C - F4196400CC Series 1935A - No. Africa
F41964001C - F41967996C Series 1935A -Hawaii
F41967997C - F41976000C Series 1935A - Hawaii
Series 1935A - Regular F41976001C - F99999999C
Series 1935A - Regular I00000001C - 1300000000
130000001C - 1400000000 Series 1935A - No. Africa
Series 1935A - Regular 140000001C - 1999999990
Series 1935A - Regular L00000001C - L759960000
L75996001C - L78996000C Series 1935A - Hawaii
Series 1935A - Regular L78996001C - L99999999C
Series 1935A - Regular P00000001C - P319920000
P319920010 - P370320000 Series 1935A - Hawaii
Series 1935A - Regular P37032001C - P99999999C
Series 1935A - Regular S00000001C - S399960000
S39996001C - S549960000 Series 1935A - Hawaii
Series 1935A - Regular S54996001C - S708840000
S70884001C - S720680000 Series 1935A - Exper. R
Series 1935A - Regular S72068001C - S73884000C
S73884001C - S75068000C Series 1935A - Exper. S
Series 1935A - Regular S75068001C - S99999999C
assemble as far as regular and North Africa issues are
concerned. However, because of the scarcity of the
mules and the face number 307 trial notes, it would he
extremely difficult to complete in all issues. Research
conducted up to the present time indicates that a complete
sequence of this block would require a total of 46 notes.
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Special Issues
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Series 1935-A - Block S-C
PAGE 102
Paper Money WHOLE NO. 35
WHOLE NO. 35
Paper Money PAGE 103
Sequential and dovetail blocks are limited in the ten-
dollar denomination of Silver Certificates because only
seven blocks are involved in its entirety, as follows:
Series 1933
A-A and *-A
Series 1934- A-A B-A and -A
A-B-C-D
Series 1953- A-A and -A
A-B
The A-A and "-A blocks of Series 1933 are single,
limited issues and. therefore are neither sequential nor
dovetail blocks. Each of the three blocks of Series
1934-A-B-C-D is a dovetail block composed of a combina-
tion of the regular and mule issues of Series 1934 and
1934A. the North Africa Emergency Issue, the wide and
narrow issues of Series 1934D, the Trial Issue face check
numbers 86 and 87 and the mules of the Trial Issues.
The A-A block of Series 1953-A-B is a simple three-
note sequential block and the Star-A block of Series 1953
and 1953A is a simple two-note sequential block.
The Free City of Danzig and Currency
Depreciation, I 920 - 23
By Richard Banyai
The port city of Danzig on the Baltic Sea was part of
Germany up to 1919. In June 1919. after World War I,
the Treaty of Versailles provided for the detachment of
Danzig from Germany. Danzig was to be a free state.
On November 9, 1920. Danzig was proclaimed a free
city (Freie Stadt Danzig I, as provided for in the peace
treaty. It was placed under the protection of the League
of Nations.
Up to October 20, 1923, Danzig possessed no money
of its own apart from a small amount of emergency
money; the German mark was the normal legal tender.
Danzig suffered, therefore. from the German hyper-infla-
tion which was running rampant at the time without hav-
ing any control over it.
The shortage of money for commercial transactions was
such in Danzig that on November 2, 1922, a law was
passed authorizing the municipality to issue legal tender
emergency mark currency. From time to time the limit
of this issue was raised to keep up with the rapid de-
preciation of the mark during 1923.
By May-June 1923 the inflation was so severe that
serious plans were proposed for a monetary reform and
the introduction of a new stable money. By October
1923, the new money, the gulden, was introduced into
Danzig, thus stabilizing its monetary system. Although
the German mark was allowed to continue as legal tender
up to January 1, 1924, the official money was the Danzig
gulden. The mark was removed from circulation by
January 1st and the gulden was then the sole legal money
in the Free City of Danzig.
To demonstrate the magnitude of the inflationary trend
in Danzig in 1922-23, the table of figures below shows
the growth of the authorized mark issues in Danzig from
December 1922 to November 1923:*
1 December 1922 298,000,000 M.
1 January 1923 348,000,000 M.
1 April 1923 3,957,000,000 M.
1 July 1923 3,960,000,000 M.
1 September 1923 767,200,000,000 M.
1 November 1923 3,432,578,633,600,000 M.
League of Nations, MEMORANDUM ON CUR-
RENCY, 1913-1923, Geneva 1924.
Shown here are three specimens of postage stamps which
were issued in Danzig and which were overprinted with
new valuations to keep pace with the inflation of 1922-23.
The first issue is a 1,000 mark stamp denominated in the
mark money of account. The second issue is a 50,000
mark issue overprinted with a larger valuation of 500,000
mark to keep pace with the hyper-inflation trend of 1923.
The final specimen is an air mail stamp of 100,000 mark
overprinted with higher valuation of 2.000,000 mark for
the same reason.
Hungarian Denominations
In the run-away inflation following World War II in
which the value of the Hungarian pengo dwindled to
4,600.000 quadrillion pengoes to one L. S. dollar, the
following terms were used for the astronomical denomi-
nations: szaz hundred: ez ( er I thousand; millio mil-
lion: milpengo million pengos; milliard thousand mil-
lion: billio billion 1a million million, not a thousand
million).
FACE 104
Paper Money WHOLE NO. 35
Paper Money Issued in. Russia During
World War One 1915-1918
By Michael M. Byckoff
I. Romanoff Jubilee Postage Stamps Used as Currency
During World War I Russia, as other European Coun-
tries, experienced a shortage of exchange coins in cir-
culation. In Russia the need to increase the amount of
subsidiary coins in circulation was evident before the
war. The government in 1913 decreed an increased out-
put of mint silver coins from 8,675 thousand rubles to
14,950 thousand rubles; in 1914 1,420 thousand rubles
copper coins were added; in 1915, 37,500 thousand
rubles silver and 1.631 thousand rubles copper coins
were pumped into the economy. Due to panic spread
by action of the agents of the German General Staff, as
the war took its course, people began hoarding coins;
as a result. by midsummer of 1915, coins completely dis-
appeared from circulation in many large cities, and in
many towns they were scarce. To cope with this situa-
tion the government decided to issue paper substitutes
for metallic coins. Because a need for an exchange media
was urgent, it decided to use the Romanoff Jubilee post-
age stamp cliches for printing currency stamps. The
pending issue of these stamps was announced in a Decree
of the Ministry of Finance, dated September 25, (October
7 ) 1915. The Decree is as follows:
The Ministry of Finance, considering the inconveni-
ence caused to the public by the shortage of subsidiary
coinage and the impossibility of the Mint immediately
providing the necessary supply of coins, has in accord-
ance with special decision of the Council of Ministers
dated September 25/October 7, 1915, and pending the
preparation by the Mint of sufficient coins, ordered the
issue of small-change stamps, in accordance with fol-
lowing principles:—
(1) Small-change stamps shall circulate on the same
basis as token silver and copper coins.
(2) Their design will be that of the Romanoff Jubilee
postage stamps.
(3) They shall be legal tender between private indi-
viduals to the amount of three rubles for each
transaction. They will be accepted by govern-
ment departments and public institutions to any
amount, except in payment of custom duties, for
which purpose they shall be subject to the limita-
tions imposed on acceptance of token silver and
copper coinage.
(4) Small-change stamps shall not be accepted if the
design of them is indistinguishable, or if the
portion of the stamp remaining is less than 34 of
the whole.
(5) On the issue of a sufficient supply of small coin-
age, the stamps will be withdrawn.
(6) This order shall come into force immediately after
its receipt by telegraph.
As soon as the order was received, local branches of
the State Bank and Post Offices posted it on their bill-
boards and local newspapers where they existed printed
it on front pages.
Postage stamps of 10. 15 and 20 kopeks denominations
were typographed (letterpress) on thin cardboard (0-10-
0-15 mm. mean 0.127 mm. in thickness). On the re-
verse of the stamps was the inscription "IMEET KHOZH-
DENIE NARA VNE S RAZMENNOIY SEREBRENNOIY
MONETOIY"—"Having circulation on par with silver
subsidiary coin" and surmounted by the imperial eagle;
all of this was in a rectangular, double-lined frame. The
currency stamps were issued in sheets of 100 and perfo-
rated 13 1/,. They were distributed by the state Treasury
direct to the branches of the state and private hanks all
over Russia and appeared in circulation after November
1, 1915.
Designated only to supplement the then circulating
silver coins, the currency stamps completely displaced
the coins within a few weeks. The financial success of
this measure was more than satisfactory, and the order
was given to prepare the issue of 1, 2 and 3 kopeks cur-
rency stamps of the same Romanoff Jubilee design of
1913. These denominations were issued in June 1916
only; the cause of delay will be discussed later. The
inscription on the back of the stamps reads "IMEET
KHOZHDENIE NARA VNE S MEDNOIY MONETOIY"
—"Having circulation on par with copper coin." The
imperial eagle and denomination appeared in bold type
above the inscription, and a rectangular, single-lined
frame surrounded all of this.
All currency stamps were printed in the same color as
the corresponding values of postage stamps, but in a
slightly darker and duller shade, evidently to help postal
clerks recognize them on sight if they were affixed to a
cover as postage; such usage of currency stamps was
expressly forbidden by the authorities. Soon after the
lower denominations appeared in circulation, evidence
appeared of the fraudulent tampering with the green 2
kop. stamp to make it look like the olive-green 20 kop.,
and with the orange 1 kop. to make it pass for the red-
brown 15 kop. Thereupon these two values were with-
drawn from circulation to be surcharged on the face
with large black numerals "1" or "2." The currency
stamps with those surcharges were not put into circula-
tion until after the revolution.
The Provisional Government soon exhausted the supply
of these currency stamps and on September 21, 1917
ordered a new issue of all three values. The first two
values have large black numerals on the face, as before.
and the 3 kop., also as before, was issued without the
numeral on the face. The reverse surcharge was changed
drastically; the field, formed by a thick, single-lined
frame, was divided in half by a horizontal line, and as
a bow to the revolutionary spirit of the time, the imperial
eagle was omitted and large numerals of value "1," "2"
and "3" were inserted with the word "kopeiyka" for "1"
or "kopeiyki" for "2" and "3" under them. The same
inscription as before was printed in the lower half, but a
2
listsrn
immosie NAM
NeatstA-
NostivolL
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3
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Paper Money PAGE 105WHOLE NO. 35
THE CURRENCY STAI1PS OF 1 9 1 5 - 1 9 1 7
1st issue,October 1915.
Nate', xaNAe-
N18 Napasxt
palttimmii
peOpseloA morte.
Tag.
Romanoff Jubilee Postage Stamps of 10,15 and 20 kopeks
inscribed on back:-"HAVINO CIRCULATION ON PAR WITH SILVER
SUBSIDIARY COIN."
2nd issue,June 1916.
ma 1 Ea
11144n
mummups
Kto Cb storeN
wewerao.
zoil. 2 ROL,
ilmtem
UnKAeMe Haw-
wt Cb MtAnoili
non. 3 Rai
Mutiny
sogsAtaie Napae-
Nt Cy
Inscription on back:-"HAVING CIRCULATION
ON PAR WITH COPPER COIN."
The second issue reissued with large
numerals "1" or "2",printed on face
of 1 kop.and 2 kop.currency stamp.
3rd issue,September 1917.
The Imperial Regis dropped out of
inscription and instead large numerals incerted.
change was made in the setting of it. Issued only a
month before the fall of the Provisional Government,
this issue did not have a chance to be distributed through.
out the country and be used as exchange money. There-
fore. in some circles of Soviet numismatists this partic-
ular issue is regarded as a scarce one because of its
short period of circulation. but all catalogues made make
no differential pricing.
The Romanoff Jubilee postage stamps were designed
by Richard Zarrinsch, E. Lansere and J. Bilibin; the
cliches were engraved by F. Lundin and J. Ksidas of
St. Petersburg and Ferdinand SchirnbOck of Vienna—all
of them artists and engravers whose names were re-
nowned all over Europe. Their creations were highly
acclaimed in philatelic literature at the time.
When the Romanoff Jubilee currency stamps appeared
on the market in 1915, 1916 and 1917, all of them were
listed in almost all the then-existing stamp catalogues
and are still listed in Scott's Standard Postage Stamp
Catalogue. On page 1099 (1970 edition the first issue
of 10. 15 and 20 kop. are listed as Nos. 105. 106 and
107 respectively; the second issue without the surcharge
on the face (1, 2, and 3 kop. I are Nos. 114, 115 and
116: those surcharged with numerals on the face are
Nos. 112 and 113: and the third revolutionar y issue
of 1917 are Nos. 139, 140 and 141.
From January 2, 1913, the Romanoff Jubilee postage
stamps had been in circulation and used as postage:
people all over Russia were used to them and were
familiar with the images on them, recognizing their
PAGE 106
Paper Money WHOLE NO. 35
OM.
present or past "Tzar-Gosudars" (popular people's ex-
pression when speaking of the emperors). Therefore,
the appearance of these stamps as a currency did not
create "suspicion," "skepticism" and, what is more. "re-
fusal to accept it in payment of wages and goods," as
some American "specialists" in Russian currency tried.
to convince their colleagues. They forgot that it was
wartime and that the disobedience to the law (see above
the quotation of the Decree of the Council of Ministers
paragraphs 13) and ( 6) in wartime was subject to a
court martial and punishable by shooting in 24 hours.
The chronicles of this time did not register a single such
case. Now and then the propaganda section of the in-
ternational Communist Party resorted to a line or two
of propaganda about alleged disobedience, as in the
"Outline History of U.S.S.R." written in foreign lan-
guages for foreign readers.
I To be continued)
mimm.nnnnn11n11n1n
REFERENCE
Catalogue of Bows and Paper Money of Russia, R.S.F.S.R.,
U.S.S.R., Border Territories, and New formed States
(1769-1927), by F. G. Chuchin, Moscow, 1927
Catalogue of Paper Money of Russia and Baltic States,
1769-1950, by N. I. Kardakoff, Berlin, 1953
"Romanoff Currency Stamps 1915-1917," by G. V. Salis-
bury, The British Journal of Russian Philately, No. 9,
July 1952, pp. 231-237
"Romanoff Currency Stamps 1915-1917," by Dr. G. V.
Salisbury, The Journal of the Rossica Society of Russian
Philately, 1960, No. 59, pp. 21-24; No. 60, pp. 5-8
"Russian Paper Money Alleged to be Postage Stamps,"
by Vladimir Aleksieff, The American. Philatelist, Sep-
tember 1939
Russian Public Finance During the War, by Al. M. Michel-
son, P. N. Apostol, and M. Bernatzky. New Haven Uni-
versity Press, 1928, pp. 382-385
The CIA.de Real del Monte Y Pachuca Notes
for The Bank of Montreal
By Maurice M. Gould
In June of 1966, on a visit to the International Coin
Show in Los Angeles, I looked through a dealer's stock of
Mexican paper money. I noticed a few pieces with a
large heading "Bank of Montreal" on them and never
having seen them before, I purchased them.
I tried to get information about these notes, but most
collectors and dealers had not seen or heard of them. 1
then started a correspondence with the Bank of Montreal
and have come up with the following information on these
interesting notes issued during the early 1900's.
During this period there was a great deal of political
unrest in Mexico and revolutions: huge areas were under
the control of various individuals who issued their own
currency. In most cases this currency was of little or no
value.
It is important to note that the Bank of Montreal did
not issue notes in Mexico, but that the bills referred to
were drawings by the Cia.de Real del Monte Y Pachuca,
which was a well established company in Pachuca. This
company had an arrangement with the Bank of Montreal
whereby the company would issue bearer drafts drawn
on its branch in Mexico City. These drafts were the only
currency" accepted in Pachuca and the surrounding
area for some years. It was due to the stability of these
two important institutions that these hills circulated as
"money" in Pachuca.
The obverse of the bill has the number, date, "Pa-
chuca," "Bank of Montreal," "Mexico", "Please pay 1
peso of Mexican currency at legal exchange rate." It is
signed by the Director. The reverse had the following
printed in Spanish: "This check will be paid on sight,
upon presentation, at the Bank of Montreal in the City of
Mexico, or at the offices of the Compania de Real del
Monte Y Pachuca, providing that the amount of the pre-
sented cheques will be of 50 pesos or multiples of this
quantity, as the payment in the form of cheques is being
made in view of the extreme shortage of bills of small
denominations." Also, "Pachuca, Feb. 24, 1915. the
Head administrator of the Revenue of
I various)
in accordance with the article 246 of the corresponding
law puts on record that the duty which corresponds to
this cheque will be collected in cash according to certi-
ficate #68 which contains the Series 'A' of 201. 001 to
60,000: 'C' of 1 to 6,000; 'D' of 1 to 3,000 being the
holder of this cheque, obliged to present to the Cia.de
Real del Monte y Pachuca within the date (various)
counting from the date in order the corresponding stamp
should be placed according to article 247. Head Adminis-
trator, Mariano Garcia."
All of the notes which I have seen to date are in 1 peso
or $1 denomination and are dated either 1914 or 1915.
Both $5 and $10 notes are listed in the Mexican paper
money catalogs, but neither the museums nor the Bank
of Montreal has specimens in these values.
Some reverses have Mexican stamps on them, including
blocks of four; these were probably used as revenue
stamps. The actual size of the notes I have is 5 1/A " x 23/4",
and are dated early February 1915 to March 1915; some
are in black ink and some in red ink. The reverses vary.
The Bank of Montreal no longer has any recorded in-
formation on these notes in their archives. The infor-
mation was obtained from officers who served in the Bank
in Mexico in the 1920's. Thanks are due to Mr. J. Carroll.
Assistant Secretary of the Bank of Montreal for his as-
sistance.
It is hoped that more information will come to light
from other paper money collectors and specialists.
Note: The above article originally appeared in Plus
Ultra, Vol. IV, No. 47, the publication of the Azteca
Numismatic Society, by courtesy of Mrs. Erma Stevens,
editor.
WHOLE NO. 35
Paper Money PAGE 107
The Parker House of Boston Notes
By Maurice M. Gould
The internationally known Parker House, Boston,
Massachusetts, is one of the best known stopping-off
places in the world. More than a hundred years old, its
Parker House rolls are known from coast to coast.
In 1854, Harvey D. Parker bought the Mansion House
and then proceeded to tear the building down in order
to erect the original Parker House. It is on the corner
of Tremont and School Streets, in an area of Boston
steeped with history. It is across the street from the
famed King's Chapel and many other buildings which
go back to the time of the Revolution. The hotel opened
its doors on April 24, 1856 and was an immediate suc-
cess for Harvey Parker, who was born in a small town
in Maine. This farmer boy, like the hero of a Horatio
Alger story, became a millionaire.
It was during the Civil War when there was a short-
age of change that the Parker House issued its own paper
scrip in four denominations-5c, 10c. 25c and 50c. The
notes are dated Dec. 1, 1862.
Today I consider them to be fairly scarce. There are
a number of sheets in existence, all punch-cancelled. A
group of these appeared in Boston approximately 20
years ago and, of course, have been absorbed in collec-
tions. Now they are seldom heard of or offered.
A number of years ago, for my own information. I
called the Parker House to find out if they had a set of
these notes. They said they had them in their archives
and mentioned to me that the notes were still redeemable.
They probably thought I wanted to redeem them, not
realizing that they were worth a considerable premium
over face value.
The Parker House was known by such as Oliver Wen-
dell Holmes, who wrote the following short poem
about it:
OLD PARKER HOUSE
Turn half-way round, and let your look survey
The white facade that gleams across the way,
The many windowed building, tall and wise,
The palace-inn that shows its northern side
In grateful shadow when the sunbeams beat
The granite wall in summer's scorching heat.
This is the place; whether its name you spell
Tavern, or caravanserai or hotel.
Such guests! What famous names its record boasts.
Whose owners wander in the mob of ghosts!
The Parker House barroom was a meeting place for
the famous and annually made $100,000 profit for many
years during the period when the dollar was stable.
Among the greats who would meet there were Ralph
Waldo Emerson, James Russell Lowell, Henry Wadsworth
Longfellow, Oliver Wendell Holmes, John Greenleaf
Whittier, Louis Agassiz and Nathaniel Hawthorne. When
Charles Dickens visited Boston, he resided at the Parker
House and his suite became known as the "Dickens
Room."
During the Civil War the merchant scrip was widely
used in Boston and New England. Sometimes these pieces
were referred to as shin-plasters. I have seen fairly sub-
stantial collections of these small notes in denominations
under one dollar, but today they are becoming more and
more difficult to locate.
The Parker House is also known for the Parker House
coin auctions. Some were held there many years ago;
Horace Grant, the well-known dealer of Providence.
Rhode Island, revived these auctions, and in recent years
the Bromfield Stamp & Coin has followed the tradition
by having numismatic auctions in the hotel.
When you visit historic Boston, be sure to take a walk
along Tremont Street, going to the new Government
Center and stop to inspect the historic area where the
Parker House stands. If you should make this hostelry
your headquarters, you will find prices slightly higher
than they were in January of 1850 when the bill of fare
offered "chicken soup, 12 1/,c," "boiled turkey with oyster
sauce or roast beef, 3714c," with "vegetables and all the
trimmings" included. They also cooked to order game
of all kinds, including venison, partridge, quail, black
ducks and squabs. Wines were served in half and
quarter pints; top champagnes were $1.75 and India ale.
25c. A pint of cider seemed high at 121-Ac.
If you have any Parker House scrip, remember, it is
still redeemable, but I cannot vouch for how far it will
go at today's inflated prices. It would be hard to believe
that the old prices existed if I hadn't seen them with my
own eyes on a menu in my possession from the Parker
House. a landmark of ye olde and staide Boston town.
Swedish Pictorial Note of 1804
Very early paper money usually was void of pictorial
decoration and consisted of text, numerals and signatures
only. However, a 14 shilling note of the Rixsens Standers
Bank I Bank of the Estates of the Kingdom of Sweden
has a colorless embossed seal at the top depicting a na-
tivity scene with the star of Bethlehem.
A Few Low & Novel Serial Nos.
$1 1969
J00001010A
J00001011A
$
9
8
$1 1969
01111100A
01111111A
8
12
11100101A
11100110A
11101010A
11101011A
7
7
7
10000101A 7 11101100A 7
10000110A 7 11101101A 7
81 1963 10000111A 7 11101110A 7
HC0010001A .. 9 10001001A 7 11101111A 9
H00010010A .. 9 11110100A 7
H00010011A .. 9 11110110A 7
H00010100A .. 9 11110111A 9
H00010101A .. 9 $10 1963A
H00010110A .. 9
H00010111A .. 9 J10010100A 21
H00011010A .. 9 J10011010A 18
H00011011A .. 9 J10011011A 18
H00011100A .. 9 /10011100A 18
H00011110A .. 9 $1 1969
)11111000A 9
J11111100A 10
$10 1963 $1 1969
J00100101* 18 0011111A 7
/00100110* 18 0 00010A 8
J00100111* 18 0 00011A 7
0 00100A 8
0 00110A 7 MATCHED SETS
0 00111A 7
$1 1963A 0 01100A 8 $ $
J011111118 10 0 01101A 7 10 1963 100000101A)
0 01110A 7 10 1963 J00000101 `1 Set
0 0001A 7 1 1963A D00000101D1 44
$1 1969
0
0
0010A
0011A
8
7 1010
1963 J00000110A1
1963 100000110') Set 38
01000001A 8 0 0101A 7
01000011A 7 0 011CA 7 5 1934D T00011101A1
01000100A 8 0 0111A 7 1 1963 H00011101A1 Set 23
01000101A 7 0 1000A 7
01000110A .8 0 1001A 7 1 1963 H00011111A (Pr .. 8
01000111A 7 0 1010A 7 10 1963 J00011111A 25 19
01001000A .8 0 1011A 7 20 1963 A01001010A (Pr 29
01001011A 7 0 1100A 7 1 1969 )01001010A 32 7
01001100A 7 000001A 8 1 19578 S01010011A (Pr 8
01001101A .8 000010A 7 1 1969 J01010011A 12 7
01001110A 7 000100A 7 1 1957 B010111018 (Pr 15
01001111A 7 000101A 7 1 1969 J01011101A 20 7
010 0000A 7 000110A 7 1 1957 801011111B (Pr 17
010 0001A .8 000111A 8 1 1969 )01011111A 22 8
010 0010A 7 001001A 7 1 1963A J01110010B (Pr 7
010 0100A 7 001010A 7 1 1969 J01110010A 12 7
010 1000A .8 001011A 7 1 1963AJ01110011B (Pr 7
010 1001A 7 001101A 7 1 1969 J01110011A 12 7
010 1011A 7 001110A 7 1 1963A J01110101B (Pr 7
010 1100A 7 001111A 8 1 1969 J01110101A 13 .8
010 1110A .8 0 0000A 7 1 1969 J01010110* Pr) 10
01100000A .9 0 0001A 7 J01010110A 18 10
01100010A .8 0 0010A 7 1 1969 J01010111* Pr) 10
01100100A 7 0 0011A 7 J01010111A 18 10
01100101A 7 0 0100A 7 1 1963 CO1100011* Pr 7
01100111A 7 0 0101A 7 1969 J01100011A 12 7
01101000A .8 0 0110A 7 1 1963A J01110110B Pr 7
01101010A 7 0 0111A 7 1969 J01110110A 12 7
01101011A 7 1 1963A/011110108 Pr 7
01101101A .8 1969 J01111010A 12 7
01101110A 7 1 1963AJ01111011B Pr 7
01101111A 7 1969 J01111011A 12 71950C$5 1 1963AJ01111101B Pr 7
J11011000B 13 1969 J01111101A 12 7
1 1963A J10000010A Pr 9
$1 1963A 1969 J10000010A 15 9
J 0 1 1 1 0 1 1 1 8 1 1963A J10000011A Pr1969 J10000011A 15
9
9
$1 1969 1 1963A /10000100A Pr 9
1969 )10000100A 15 9
1$ 9691 11011001A11011010A
7
7
10
1
1963AJ10001010A Pr
1969 )10001010A 21
18
7
J01111000A .8 11011100A 7 10 1963A J10001011A Pr 18
11011101A 7 1 1969 J10001011A 21 7
11011110A 7 10 1963AJ10001100A
Pr 18
11011111A 9 1 1969 J10001100A 21 8$1 1963A 11100010A 7 10 1963AJ10001101A Pr 18
J01111001B 11100011A 7 1 1969 J10001101A 21 7
MATCHED SETS (Continued)
10 1963A 10001110A Pr 18
50
1
1963A
1935C
1963A
C00000051A
100005100D
C00005100A
67
12
10
1935C K99996589-
99996600D
Uncut Sheet1 1969 10001110A 21 7 1957A C51051051A 12 of10
1
1963A
1969
10001111A Pr
10001111A 21
18
8
1957A
1963A
F51051051A
C00005151A
12
8
12 725
5 1953B F72000202A 2510 1963A 10010010A Pr 18 1963A D51005100A 12 10 1953A '00582172A 751 1969 10010010A 21 8 1963A D51515151C 19 1 1963B B48892960*
310 1963A 10010011A Pr 18 1963A J55555551A 17 B48892963° 3
1 1969 10010011A 21 7 1963A 151555551B 8 E41706702°
3
10 1963A 10010101A Pr 18 1 1928A S00000057A 21 E41706710*
3
1 1969 10010101A 21 7 1935H B000000571 27 E41706730° 3
10 1963A 10010110A Pr 18 1963A D00000057D 22 E41706733"
3
1 1969 10010110A 21 7 1963A 100000057° 17 E41706738° 310 1963A 10010111A Pr 18 5 1963 P00000570A 11 E41706740° 3
1 1969 10010111A 21 7 1 1969 C00005700A 8 E41706750° 3
10 1963A 10011101A Pr 18 1963 H05555557A 17 L43079133* 4
1 1969 10011101A 21 7 1963A 155555557A 17 [43079160* 4
10 1963A
10011110A
Pr 18 1 1935C 100001300D 12 [43079277* 4
1 1969 10011110A 21 7 1935C T00001400D I Pr J19668110A 4
1963A ;00001400* / 19
1935C T00001500D 12
T0000 1 7 00 D 12
1 1963A 23000023A I T00001800D 12 Miscellany
1 1963A J23002300A1 Set 1935C T00001900D) Pr
1 1969 B23002300A1 27 1963A J00001900°1 19 1 1928 A00002222A USN 75
10
1
1
1950D 12700002781
1963A 127000027B I
Set
1969 J27000027A1 33
1935C
1957
1935C
100002300D I
A00002300A)
100002400D
160002500D
Pr
23
12
12
1 1918 FRBN Fr. 719 32
100 1929 FRBN K.C. HF 127
20 1929 FRBN N.Y. STAR VF 75
1 1963A E00727200° 5
1 1969 J14141414A 15 100002600D 12
1 1969 124242424A 15 100002700D 12
1 1969 J 26262626A 15 100002900D 12
1 1963A 127272727131
T00003100D
100003200D
12
12 NOTES
1 1969 J27272727A) Set 36 100003400D 12
1
1
1957B W38383838A1
1963A C38383838A / Set 38
100003500D
100003700D
100003800D
12
12
12
Everything uncirculated unless
noted.
1963B J58585858C
1963B 160606060C
1963B J20212223C
1969 )24252627A
1969 ;29303132A
1963B 158596061C
1963B 160616263C
18
18
15
12
12
15
15
1935C
100003900D
100004200D
100004300D
100004500D
100004600D
100004700D
100004800D
T00004900D
T00005100D I Pr
12
12
12
12
12
12
12
12
Complete refund on anything
received
within 7 days of air
mail shipment.
Currency normally sent within
24 hours of order. Exception:
1963A C00005100A 19 2-3 weeks for unknown checks.
1
20
1
1928A K00000049A
S00000049A
1963 100000049A
1963A D00000049D
100000049"
D00004949A
1963 100004949A
1969 C00004949A
1957B R00000490A
1935C T00004900D
1963A D49494949B
1963A 149000049A
1963 144444449A
21
21
35
22
17
8
8
8
12
12
22
17
17
1935C
1969
1935C
1935C
1963A
1935C
100005400D
100005600D
C00005700A
100005800D
100005900D
100006100D
100006200D
100006400D
100006500D
100006700D /
C00006700A
100006800D
100006900D
100007200D
Pr
12
12
8
12
12
12
12
12
12
19
12
12
12
Lay-away terms for orders over
$75.00.
LISTS (free with orders or 1 Oc
ea.) : Circulated - District -
Matching End Nos. - Errors -
Federal Reserve Bank Notes -
Federal Reserve Notes - Gold
Certificates - Low & Novel
Nos. - Military Payment Cer-
100007300D
100007400D
12
12 tificates - National Bank Notes
1 1963 H00008800A
H00009100A
H00009600A
H00009800A
.13
. 9
9
9
TO0007500D
100007600D
100007900D
12
12
12
No. 1 Face Plates-Palindromes-
Rare Blocks C7 Changeovers-
Silver Certificates-U.S. Notes.
H00009900A .13
1 1928A S00000051A 27
Hi - Lo Nos.
. #1 Face Plate
1963A D00000051D
1963A 100000051'
27
17
1 1935A
1963B
*99986950A
E99679693F
15
7 .. #1 Face & Position Plates
HARRY M. COLEMAN
Box 3032 Tuscon, Arizona 85702 (602-298-1013)
ANA • ANS • SPMC PMCM • RCDA
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itot
ziAtiltilk1-167,41911t1iEs.4.41,444,41rw.,4 :...,,,kjja4424hagy,
'111r9171hINFIN-14ACtlfil1u8
4441V11111•5
NATIONNIAIWEISE
No riatiosii commonV
•
4TWENT•
PAGE 110
Paper Money WHOLE NO. 35
Bank Signatures Overprinted on 1902 Series
National Bank Notes by The Bureau of
Engraving and Printing
By Peter Huntoon
In an earlier article in PAPER MONEY (Vol. 9, No. 2),
the writer pointed out that the Bureau overprinted bank
signatures on some 1902 series National Bank notes be-
tween fiscal years 1927 and 1929. Until this report, no
one suspected that any of this work had been done at
the Bureau.
Due to a very fortunate set of circumstances, signature
overprinting can now be verified. During a visit with
Morton C. Rice of the Bureau staff. the writer mentioned
signature overprinting on 1902 National Bank notes.
Mr. Rice was not familiar with this work but his curiosity
was aroused. He dug through the small supply of
sample sheets of 1902 notes owned by the Bureau and
much to our surprise came up with two with overprinted
signatures. Both were on the Chatham Phenix National
Bank and Trust Company of New York, charter 10778,
and were as follows:
Denomination Plate Check Letters Serials
5-5-5-5 Q-R-S-T 000000
10-10-10-20 J-K-L-D 000000
The 000000 serials are typical of sample sheets. Hand-
written in the margin of each sheet was the date No-
vember 23, 1927, presumably the day the sheets were
completed or delivered to the vault. There is no doubt
that the bank signatures were overprinted because they
were neatly and firmly impressed into the paper. It was
also evident that the Bureau people were very proud of
this innovation, as they had taken the time to prepare
these samples.
The Tip-off
Signature overprinting on 1902 series Nationals was
a totally unexpected discovery that unfolded when the
writer found the following entries in the Annual Reports
of the Bureau of Engraving and Printing for the years
1927 through 1929:
Table 2—Statement showing amount of reimbursements
received for furnishing services and materials in con-
nection with printing done for other departments and
bureaus
Treasury Department
Comptroller of the Currency
Etched plates and overprinted signatures on national-
bank currency
July 1, 1926-
June 30, 1927
July 1, 1927-
June 30, 1928
July 1, 1928-
June 30, 1929
Compensation
of employees $658.20 $795.41 $925.71
Materials and
miscellaneous
expenses
32.46 30.48 31.59
$690.66 $825.89 $957.30Total
The Notes
Unfortunately, the writer was not able to locate a list
of notes issued with Bureau overprinted bank signatures.
This is disturbing because it is difficult, if not impossible,
to distinguish a Bureau overprint from one expertly
executed by a private contractor for a bank. It is ob-
vious that the budget for the project was small. Only a
few overprinting plates were prepared, as is substantiated
by the "Materials Expense" entries.
Important to the collector, however, is the fact that
overprinting is at least verified for some of the Chatham
Phenix issues. This hank had a tremendous circulation,
$6,199,998 in 1931, so it issued a correspondingly large
volume of notes. As a large issue on a New York City
bank, these notes are in the "dog house" class because
they do not sell well. Consequently, a collector can ob-
tain this unique variety for a very modest price.
The variety is proven on 5-5-5-5 plate impressions
bearing check letters O-R-S-T and 10-10-10-20 impres-
sions bearing check letters J-K-L-D. The note shown
WHOLE NO. 35
Paper Money PAGE 111
with this article is from plate I). Residing in the collec-
tion of M. Owen Warns is an overprinted $20 with serial
97623 from plate C. His note indicates that some im-
pressions from the 10-10-10-20 plate G-H-I-C also bear
the variety.
When searching for this variety on Chatham Phenix
notes. look for neatly printed signatures that are repro-
duced in glossy black ink on new notes. They must be
identical to those shown on the note accompanying this
article. The title "Chatham Phenix National Bank and
Trust Company" was used after March 16, 1925. Be-
cause signature overprinting did not start until fiscal
year 1927, only about half of the notes bearing this title
will have Bureau overprints. Even so, the number of
notes with this variety should be enormous. The writer
estimates from observed serials that about one hundred
thousand sheets were overprinted fur the Chatham Phenix
alone !
A Correction!
By Peter Huntoon
Please note the following corrections in an article that
appeared in PAPER MONEY, Vol. 9, No. 1, entitled "1882
and 1902 Series National Bank Note Varieties Due to
Large Circulations."
Page 6. Column 2, line 21: the B should be a C.
Page 8, Column 2, line 39, 1902 should be 1922.
Louis Van Belkum has discovered that serial number-
ing in the 1882 and 1902 series did not always revert
to 1 in cases where new plates were made after the
location of the bank went from Territorial to State
status. Reversion to serial number 1 is true for both
Arizona and New Mexico in 1912, but in years previous,
this convention was not always adhered to.
A Glance Back at the Obsolete
Bank Note Era
By Cliff Murk
Illustrated here is a reproduction of Page 45 of
"Leavitts Old Farmers Almanack & Miscellaneous Year
Book for the Year of Our Lord 1855."
Note that the date of the so-called corrected list is
August. 1853. It doesn't take much intellect to picture
the shortcomings of the banking system that produced
our obsolete notes. In fact, if the time lag held the
same for the publishing of the Bank Directories and
Counterfeit Detectors of that era, it is a wonder that the
system worked at all without general chaos in the world
of finance.
From where we sit now, it is hard to find a reason
why a national currency was not established long before
it was. Had it been, the financial growth and develop-
ment of the country would undoubtedly have progressed
much farther and faster than it did.
Ali
WORTHLESS AND ENCITRRIENT BANK NOTES IN NEW
ENGLAND.
CORRECTED BY WILLIS & CO., BANKERS, 25 STATE STREET, BOSTON.
i".3.
DIASSICISCSIITTS. Hillsboro' Bk., Hillsboro'. Penobscot Bank, Bangor.
Worthless. !donut Bk., New Ipswich. People's Bank, Bangor.
American Bank,
Commercial Bank.
Piscataqua Bank.
Portsmouth Bk., Portsm'th.
Winnipiseogee Bk., closed.
Saco Bank, Saco.
St. Croix Bank, Calais.
Stillwater Canal Bk., Orono.Commonwealth Bank,
Farmers' Bank, Wolflmrough Bank, Wolfbo-rough.
Union Bk., Brunswick (old),
closed.Franklin Bank,
Fulton Bank,
Hancock Bnk., Charter
2
g
Worthless.
Grafton Bank, Haverhill.
Waldo Bank, Belfast.
VS ashington Co.
Waterville Bk ,
o., Calme.
Waterville.
expired, A New Hampshire Bk., Ports- Wiscasset Bank, Wiscasset.Kilby Bank,
South Bank,
Lafayette Bank,
Middling Interest Bk.,
Oriental Bank,
Amherst Bank, Amherst
Berkshire Bank, Pittsfield.
mouth.
New Hampshire Union Bk.,
closed.
Pemigewasset Bank, Plym-
outh.
CONNEC TICL r.
Winthrop Bank, Winthrop.
Worthless.
Bangor Commercial Bank,
Bangor.
Charlestown Bank. Worthless. City Bk., Portland.
Chelsea Bank, Chelsea.
City Bank, Lowell, fraud.
Comnal Bank, Tolland.
Conn. Mining Co., Hartford.
Citizens' Bk. (old plate),
Augusta.
Duxbury Bank, Duxbury.
East Bridgewater Bank.
Derby Bank, Derby.
Eagle Bank, New Haven.
Megunticook Bk., Camden.
Maine Bk., Portland.
Essex Bank, Salem. Bridgeport Nlanufac. Co.
Essex Bank, N. Andover. Uncurrent.Farmers' Bk., Belchcrtown.
Farmers' and Mechanics' Bk. Housatonic ic Railroad Co.,
VkamONT.
Worthless.
' South Adams.
Hamp're Bk., Northampton.
Ipswich Bank, Ipswich.
Mendon Bank, 51endon.
MAINS.
/ForMless.
Agricultural Bank, Troy.
Bank of Bennington, Ben-
nington.
Middling Interest Bank, Sa-
lens, closed.
Agricultural Bk., Brewer.
Bangor Bank, of Bangor.
Bank of 51anchester (closed).
Bank of Orange Co. (closed).
Middlesex Bk. Cambridge..,
Newbu yportr Newbury-Bk.
port.
Bangor Commercial Bank,
Bank of Bangor. (old).
Bank of Old Town.
Bank of Woodstock (closed).
Commercial Bank of Ver- I
I
',aunt, Poultney.
Nahant Bank Lynn., Bank of Portland. Essex Bank, Guildhall.
Ph renix Bank, Charlestown. Bank of Westbrook (wound Green MountaintainBank.
Phinnix Bank, Nantucket.
Roxbury.Roxbur y ,Bank
up).Bath Bank, Bangor. Jefferson 'Linking Co.Vermont State Bank (and
Sandwich Bank, fraud. Castine Bank, Castine. brooches).
Sutton Ilk., Wilkinsville. Citizens' Bank (new plate), Windsor Bank, of Windsor.
Citizens' Bank, Nantucket.
C hanneto thank, Taunton.
Augusta.
Damariscotta Bank, Noble- RHODE ISLAND.
Greylock Bank. a borough.Exchange Bank, Portland.
Worthless.
51
ice' Stank, Nantucket.
Winthlk
anufacturers' & Meehan-
Norfo 1 Roxbury,i throp
Bank,
Bank, - '
Frankfort Bank FrankfortF.klin Band ,
.1.1eorwia Lumber Co Port-
- I'
Burrillville , NewStank,p Burrill-
villa.
Eagle 13ank Newport.
Farmers' Exchange Bank,
Cocbituate B`k, Bost., worth
from 50 to 70 eta on doU.
NSW HASIPSHIRIL
Worthless.
Cheshire Bank (old).
Comm .! Bank, Portsmouth.
Concord Bank, CConcord
laud'
Bangor.k,BanGlobe
Hallowell and Augusta Bk.,
Hallowell.
Kennebec Bk., Hallowell.
Kennebunk B. Kennebunk.
Lafayette Bank, Bangor.
Maine (late Cumberland).
Machias Bank.
Gloucester.
Farmers' & Mechanics' Bk.,
Pawtucket.
Franklin Bank, Providence. I
Mount Hope Bk., Bristol.
R. I. Agricult. Bk., Johnston.
Hamilton Bank Scituate.
Hamilton Ilaok , N. Scituate.
Deny Bk., Derry. Negumkeag Bank. Worthless.
Dover Bank (old). Oxford Bank, Fryaburg.
Exeter Bank. Passamaquoddy Bk., East- Pascoag Bk., Pascoag VII.
Farmers' Bank, Amherst. . port. Scituate Bank.
J. R. DAVIS, Esq. Oilmanton, New Hampshire, furnishes the fol-
lowing :
The number of rains in 1853 was 114.
The number of snows in 1851 was 15.
The whole depth of snow in 1854 was 9 feet 7i inches.
The brat apple-blossom In 1851 • was May 19th.
Mexican. Memos
By Ed Shlieker
—Pancho Francisco Villa's name appears on his first
issue of paper currency. The famous bandito general for
a time was in control of the Mexican government. Villa's
notes varied in size according to the value. The larger
notes were called "Sabanas" or "Sabanas de Villa."
meaning bed sheets. The 50 and 100 peso notes measured
four by eight inches!
—The "School of Arts" at Toluca. Mexico designed and
printed currency notes during the revolution in 1915.
They are the Estado Libre y Soberano de Mexico. 20 and
50 centavos and the one peso. They are not finely de-
tailed. as undoubtedly they were an emergency issue de-
signed and lithographed rather rapidly for immediate
release. The school name appears at the bottom of the
note on the obverse.
Tut MEM 0.541111)
E 08973619 G
5
11,X .: X XL; itt,191. lut -
0111112.t
.11t Iron IS ttW TIMM
Re ma OM. nVIIIX mat MtvAll
0.1144101B4.01
F 26572411 G
w. LEG.
Sole IS Lunt 71.055
oars. Fttut Axt, Ini n VATE
F 265721411 G
6 Vextes.*.a....
PAGE 1 1 2
Paper Money WHOLE NO. 35
Interspersing of Face Plate Numbers on $1
F. R. N. Series 1963A and =1..9638
By Bob McCurdy
Consecutive plate numbers (A1108 and A1109) with the higher
number in the earlier series.
The interested and informed observer of the face plate
numbers on the later blocks of the 1963A $1 and 1963B
series Federal Reserve Notes will discover that the face
plate numbers of these two series are interspersed.
This is an interesting situation, since the Barr note
signatures are engraved on the plates, and it would ap-
pear that plates used to print 1963A notes were engraved
after plates used to print 1963B notes. No similar cir-
cumstance has occurred since the intermixing of face
check numbers in the 12- and 18-subject plates of the
1935D series (narrow I of $1 Silver Certificates.
The face plate numbers higher than those of the 1963B
series occurring in the 1963A series were first observed
in Atlanta notes of the F-G block, and have since been
noted in Boston and Dallas notes of the A-D and K-C
blocks respectively. It is expected that these higher plate
numbers will be found in the later blocks of other banks
as well. The star serials from Atlanta began utilizing
the high plate numbers near the end of the F39000000"
sequence. Others may exist.
To date, the following face plate numbers over 1003,
the lowest Barr plate observed. have been seen by the
author in the 1963A series:
1065 1072 1090 1103
1066 1085 1092 1106
1060 1088 1095 1109
Intermingled with these numbers one can find numer-
ous 1963B face plate numbers, such as 1067, 1068, 1087.
etc. It is presumed that these Barr plates will fill in all
the numbers intervening in the above list.
Given these facts, a number of theories as to why
1963A notes were released which had been printed from
plates engraved concurrent with 1963B plates can be
explored.
Perhaps the 1963B plates were engraved and set aside
to await Joseph Barr's confirmation to the office of
Secretary of the Treasury, at which time they were
brought out to print notes to fill orders from the New
York, Richmond, Chicago, Kansas City, and San Fran-
cisco Federal Reserve Banks.
Or is it possible that some technical problem intruded
so that the Bureau had to use plates devoid of signatures
at the same time as the signature-engraved plates of the
1963B series, and thus cut plates as the situation de-
manded?
An additional theory which has some plausibility is
that the 1963B plates were engraved before President
Johnson had chosen Fowler's successor and held with a
blank space for the new secretary's signature. Work
on the normal blank plates used in the 1963 and 1963A
series continued in order to fill pressing orders from
certain of the Federal Reserve Banks. After Secretary
.Virveny.r/ a /A, iiratt
..414:,:fiC5PCII:Z2Zet-1111416,14,;V:e2;
SERIES
1963
B
A1109
1-1-sAmt 14. lovrm.
S;eprearg milk, ry
WHOLE NO. 35
Paper Money PAGE 113
Barr's appointment, the plates for 1963B were finished
and put into use to print the notes for the banks issuing
the series.
Whatever the reason for this unusual occurrence, this
mixture of plate numbers in the transition back to signa-
ture-engraved plates is of great interest to the paper cur-
rency collector, especially if he is concerned with be-
ginning and ending plate numbers.
Errors Are Where You Find Them
By Peter Huntoon
Gutters, the white streaks left in a note whenever print-
ing occurs over a wrinkle, are one of the most common
paper money misprints. This error type is quite com-
mon in all series of small notes and can even be found
in relative abundance on the large issues. Just to show
that fractional currency has not been left out, look closely
at the photo of this FR 1281. The largest wrinkle pres-
ent is 1/32 inch wide and extends from the upper right
downward to the base of the 5c stamp impression at the
extreme right. A second, smaller wrinkle cuts through
the lower right corner, and several other barely discern-
ible wrinkles occur on the right side of the note. The
back is entirely normal, which indicates that the wrinkles
occurred in the paper after the reverse was printed.
SPMC PUBLICATIONS AVAILABLE
TAKE ADVANTAGE OF REDUCED PRICES
TO MEMBERS WHILE STOCKS LAST
Texas Obsolete Notes and Scrip
by BOB MEDLAR
Postpaid to members, $6.00
Others, $10.50
This is a hard-covered book with 204 large
pages and 240 full-size illustrations.
Florida Obsolete Notes and Scrip
by HARLEY L. FREEMAN
Postpaid to members, $4.00
Others, $5.00
This, too, is a hard-covered book, profusely
illustrated, with 103 large pages.
Send remittances payable to
The Society of Paper Money Collectors, Inc. to
J. ROY PENNELL, JR.
P. 0. Box 3005, Anderson, S. C. 29621
SPMC
NEW PUBLICATION COVERING
THE NATIO-NAL
BAND NOTE ISSL ES
of
1929 - 1935
with
225 pages and 324 illustrations
is now available
from your Society at $9.00.
MAIL YOUR CHECK TO:
Society of Paper Money Collectors
M. 0. WARNS, Treasurer
P. 0. BOX 1840
MILWAUKEE, WIS. 53201
PAGE 114
Paper Money WHOLE NO. 35
Famous Americans on the One Dollar
Educational Note
By Howard W. Parshall
Continued from PAPER MONEY No. 31. Page 91)
ABRAHAM LINCOLN
1 1809-1865 I
16th President of the United States 1 1861-1865 I
Lincoln was one of the truly great men of all time. He
preserved the American Union during the Civil War and
proved to the world that democracy can be a lasting form
of government. Lincoln's Gettysburg Address, and many
of his other speeches and writings, are classic statements
of democratic beliefs and goals. In conducting a bitter
war. Lincoln himself never became bitter. He showed
a nobility of character which continues to grow in
world-wide appeal. Lincoln was the first President
elected by the Republican party.
His outstanding asset was insight. Lincoln realized
at the beginning of the Civil War that the Union must be
saved. Lincoln's second great asset was his ability to
express his convictions so clearly, and with such force,
that millions of his countrymen made them their own.
His third great source of strength was his iron will. The
Civil War had to he carried on until the Union was re-
stored. At times, people in the North wavered in this
purpose. Lincoln never doubted that in the end the
North would triumph.
ULYSSES S. GRANT
(1822-1885)
18th President of the United States (1869-18771
Grant commanded the victorious Union armies at the
close of the Civil War in 1865. His success and fame as
a general led to his election as President in 1868. Dur-
ing his military career, Grant led his troops with energy
and determination. He developed great confidence in his
own judgment and an ability to learn from experience.
These traits also characterized Grant's political career.
But the qualities which had brought him military glory
were not enough to solve the nation's problems in the
1870's. His enemies called him a poor President, and
historians have generally agreed.
Grant was the first West Point graduate to become
President. His presidency was clouded by disgrace and
dishonesty, partly because of his habit of trusting per-
sons who pretended to be his friends. Congressional
investigations revealed widespread corruption in both
state and federal governments. A severe financial panic
in 1873 caused the people to react against Grant. To
many Americans, he symbolized the confusion and cor-
ruption of the times.
STATESMEN
BENJAMIN FRANKLIN
(1706-1790)
Publisher. Inventor, Statesman
Franklin developed The Pennsylvania Gazette into one
of the most successful newspapers in the colonies. Long
after his death, the paper was reorganized as The Satur-
day Evening Post. He achieved even greater success
with Poor Richard's Almanac than with his newspaper.
He wrote and published the almanac every year from
1733 to 1758. The fame of this publication rests mainly
on the wise and witty sayings that Franklin scattered
through each issue.
Many of these sayings preach the virtues of industry,
frugality. and thrift. "Early to bed and early to rise,
makes a man healthy, wealthy, and wise." "God helps
them that help themselves." "He that falls in love with
himself will have no rivals."
As a scientist and inventor he showed the world that
lightning is actually electricity. He invented bifocal
lenses, the lightning rod, and a stove that gave more
heat on less fuel than other stoves.
As a statesman Franklin stood in the front rank of the
men who built the United States. He was the only man
who signed all four of these key documents in American
history: The Declaration of Independence (1776 I. the
Treaty of Alliance with France (1778), the Treaty of
Peace with Great Britain (1783 ). and the Constitution
of the United States (1787).
ALEXANDER HAMILTON
(1755 or 1757-1804)
Secretary of the Treasury, Statesman
During the Revolutionary War Hamilton fought brave-
ly in the Long Island and New Jersey campaigns. In
March, 1777, he was made secretary to General George
Washington and promoted to lieutenant colonel.
In 1782 and 1783, he represented New York in Congress.
He was a delegate to th Annapolis Convntion, which
met in September, 1786, to discuss changes in the Articles
of Confederation. Hamilton drew up a proposal at An-
napolis calling for a convention of the states to increase
the central government's powers. In the resulting Con-
stitutional Convention of 1787, Hamilton became a vig-
orous spokesman for a strong national government. His
papers supporting it, published in The Federalist, and
his speeches in the New York convention, were strong
influences in getting the Constitution adopted.
WHOLE NO. 35
Paper Money PAGE 115
Hamilton served as Secretary of the Treasury from
1789 until January, 1795, but his influence in govern-
ment continued after his retirement.
JOHN MARSHALL
(1755-1835 I
"The Great Chief Justice"
Marshall, appointed by President Adams, began his
great career as the fourth chief justice on January 31,
1801. At that time the present relationship among the
executive, legislative, and judicial branches of the govern-
ment had not been established. Nor was the relation-
ship between the national government and the states
well defined. It fell to Marshall. as chief justice, to solve
these problems.
In the famous case of Marbury versus Madison (1803),
Marshall established the power of the Supreme Court to
declare laws unconstitutional. This doctrine which we
know today as the power of "judicial review," is now
accepted without question. But, if it had not been estab-
lished, over strong opposition, the Constitution might
have become the same kind of weak charter as the
Articles of Confederation.
Marshall believed in a strong federal government to
enable the United States to act effectively as a nation.
A series of his decisions made this principle vital. In
McCulloch versus Maryland (1819 Marshall upheld the
power of Congress to create the United States Bank. In
doing so, he laid down the principle of broad interpre-
tation of the federal powers.
DANIEL WEBSTER
(1782-18521
Senator, Secretary of State. Orator
Webster was the best-known American orator and one
of the ablest lawyers and statesmen of his time. He
gained his greatest fame as the champion of a strong na-
tional government.
When Andrew Jackson vetoed a bill for rechartering
the Bank of the United States, Webster did his best to
save the institution, but failed. During his last years in
the Senate, he opposed adding Texas to the Union, and
also opposed the war with Mexico. He feared that the
country might break up because of a quarrel over terri-
tories in the West. In a "Union-saving" speech, he fa-
vored the Compromise of 1850, and helped get it passed.
He served as Secretary of State under three Presidents:
William Henry Harrison, John Tyler, and Millard Fill-
more. After the founding of the Whig party in the
1830's, Webster became one of its top leaders. His
Whig friends thought he deserved to be President, and he
ran as one of the party's three candidates in 1836.
HENRY CLAY
(1777-1852)
Representative. Secretary of State. Statesman
Clay was a leading American statesman for nearly 40
years. He repeatedly helped hold the Union together
through compromises between the North and the South.
He became known as "the Great Pacificator." With
John C. Calhoun and Daniel Webster, he formed a "great
triumvirate" of United States Senators. Their opinions
largely controlled Congress during the second quarter
of the 1800's. Clay was the best loved of the three. He
had a generous nature, charming manner, ready wit, and
moving eloquence. These qualities made him one of the
most idolized public figures of his time.
Clay entered the U. S. House of Representatives in
1811, and was elected Speaker on the first day of the
session. He was re-elected to the House and to the
speakership five more times. As chief of "the War
HaAn ks," he argued in favor of the War of 1812 so
strongly that some people called it "Mr. Clay's War."
He ran for President three times but never won. He
once said: "I would rather be right than President."
JOHN C. CALHOUN
(1782-1850)
Secretary of War and of State, Vice-President
Calhoun was a major political figure before the Civil
War. He played an important part in national affairs
for 40 years. He served as a member of the United
States House of Representatives and the Senate, as Sec-
retary of War and of State, and as Vice-President.
He is best remembered as the theorist of the doctrines
of states' rights and nullification. His leadership in these
doctrines helped inspire the South's effort to achieve
national independence in the Civil War.
He felt that his beloved South Carolina, and the South
generally, were being exploited by the protective tariff.
This favored the manufacturing interests in New England
and protected them from foreign competition. Calhoun
wrote the "Exposition and Protest" for his state's legis-
lature in 1828. It declared that no state was bound by
a federal law which it believed was unconstitutional.
His closing years in the Senate were marked by strong
support of slavery and by encouragement of the annexa-
tion of Texas. He opposed the Mexican Way and the
Compromise of 1850.
(To he continued)
World War 11 Prisoner of War Scrip of the United States,
by Albert I. Donn. 112 pp., illustrated, $6.50, Krause
Publications, Book Div., Iola, Wis. 54945
This hard cover, 6 x 9 inch volume is the first serious
effort to catalog the scrip issued to POW's in accordance
with Geneva Treaty agreements requiring captors to
provide them with monetary needs for health and com-
fort. Mr. Donn has divided his listing according to the
types of camps of issue, internment, POW and Italian
service units. The scrip ticket listings are arranged ac-
cording to state of issue, with full descriptions and more
than a hundred illustrations.
PACE 116
Paper Money WHOLE NO. 35
Society of Paper Money Collectors, Inc.
Tenth Annual Meeting
The Society of Paper Money Collectors held its tenth
annual meeting at the American Numismatic Association
convention in St. Louis, Missouri, on August 21, 1970,
with 112 members and guests attending the luncheon and
awards ceremony. President Glenn Smedley presided
and introduced the honored guests, James A. Conlon,
Director of The Bureau of Engraving and Printing, and
Mrs. Conlon. Mr. Conlon spoke briefly about his pleas-
ant relationships with the numismatic fraternity in gen-
eral and the Society in particular.
Secretary Vernon L. Brown then made his report,
which showed that the membership of the Society as of
June 30, 1970, was 1,685, a net gain of 132 from the
same date in 1969; in addition, 20 more members were
admitted during the month of July. Mr. Brown also re-
ported that the membership directory would be
mailed shortly.
Treasurer M. Owen Warns reported a balance of
$5,351.56 in the regular accounts as of June 30, 1970,
an increase of $1,802.79 over a year ago. He also de-
scribed the unusual self-liquidating financing plan used.
in the production of the new National Bank Note Book
and explained how significant savings were obtained
through the use of electronic typesetting and offset
printing.
In her report, Editor Barbara Mueller pointed to the
rapid growth in the size of the magazine and the con-
comitant need for articles to balance the increased volume
of advertising. Articles on National Bank Notes, small-
size and obsolete U. S., checks and foreign material are
needed, as well as more response to the "Winner's Circle"
feature. Member acceptance of the Money Mart has
been gratifying, she reported, but use of the Library is
lagging. Members and advertisers were glad to hear that
in 1971 still another week will be eliminated from the
production schedule.
Richard Hoober. Chairman of the Book Committee,
reported continuing progress in the preparation of new
manuscripts. It is expected that the Minnesota obsolete
note listing will appear by the end of 1970 in book form,
while the Kansas listing will be included in the next
issue of PAPER MONEY. Plans were discussed and priori.
ties set up for the 1971 publication schedule. Suggestions
were made to approach state historical societies in
various areas to assist with the distribution of the books,
with the goal of placing more in libraries and educa-
tional institutions. Assistance from members who may
be in a position to influence such societies is actively
solicited.
Mr. Smedley, speaking for the Nominating Committee,
presented the following slate of candidates for the Board.
of Governors:
Vernon L. Brown
Forrest W. Daniel
Nathan Goldstein II
William E. Harrison
Robert E. Medlar
All nominees were unanimously elected. Mr. Smed-
ley pointed out that the terms of office were now in bal-
ance, with five Board members to be elected annually
henceforth for three-year terms.
Mr. Smedley, again speaking for the Awards Com-
mittee, made the following presentations:
Awards of Merit were conferred on Vernon L. Brown
and M. Owen Warns. Mr. Brown was cited for his ex-
cellent work as Secretary and his painstaking efforts in
preparing copy for the new membership directory. Mr.
Warns was honored for his outstanding work as Treasurer
and his ingenious work in preparing and following
through on the publication of The National Bank Note
Issues of 1929-35.
Literary Awards for the best articles in PAPER MONEY
were:
First, to Roland S. Carrothers for "Silver Certificates—
A Minor Variety
The Change-Over Pair," published in
Volume 8, Number 4.
Second, to Everett K. Cooper for "Paper Money Is-
sued by Railroads in the Confederate States of America."
published in Volume 8, Numbers 2 and 3.
Third, to William A. Philpott for "Rare Signatures on
Large Size U. S. Currency," published in Volume 8,
Number 3.
Honorary Memberships in the Society were conferred
on the Hon. James A. Conlon, Director of The Bureau
of Engraving and Printing, as a token of appreciation
for his cooperation with hobbyists, writers and the gen-
eral public; and on Barbara R. Mueller for her work as
Editor of PAPER MONEY and other efforts on behalf of
the Society.
SUPPORT YOUR SOCIETY
• Write articles for PAPER MONEY. Contact the Editor
for assistance.
® Advertise in PAPER MONEY. Contact the Editor.
" Use the Library. Give to the Library. Contact the
Librarian.
o Get a new member. Ask Secretary Vernon Brown for
application blanks.
new
WHOLE NO. 35
Paper Money PAGE 117
No. New Members
SECRETARY'S REPORT
New Membership Roster
Dealer or
Collector Specialty
2781 Carolyn M. Gordon (Mrs.), 2902 Dellwood Drive,
Lake Oswego, Ore. 97034
2782 Frank Stiefel, Churchlane Road, RD 5, Box 115A,
Saugerties, N. Y. 12477
2783 Douglas D. Carberry, 3301 Westwood Dr., N.W.,
Cedar Rapids, Iowa 52405
2784 Jesse B. Gilmore, P. 0. Box 91, Nampa, Idaho 83651
2785 Andrew N. Hochman, 54 Mounthaven Drive, Living-
ston, N. J. 07039
2786 Glen McCarty, P. 0. Box 227, Reserve, N. Mex.
87830
2787 B. G. Wade, P. 0. Box 10033, Alameda, Albuquerque,
N. Mex.
2788 Gary G. Graham, 1309 29th Street, Bettendorf, Iowa
52722
2789 Louis Brand, 80 Sayles St., Lowell, Mass. 01851
2790 Ples Stanley, 1862 Roxford Rd., Cleveland, Ohio
44112
2791 Robert David Cowling, 2340 Mt. View Terr. SW,
Roanoke, Va. 24015
2792 Brian John Birch, 121 Haydn Road, Liverpool, L
14-4 BW, England
2793 C. R. Smith, 88 Maureen Drive, Heath, Ohio 43055
2794 Douglas Constantine, P. 0. Box 322, Tyngsboro,
Mass. 01879
2795 Charles R. Cowles, Box 58271, Vernon, Calif. 90058
2796 Robert G. Seiferth, 840 Plaza Place, Ocean City,
N. J. 08226
2797 Norman E. Decker, 1252 Scenic Drive, Glendale,
Calif. 91205
2798 Daniel Vander Werf, Jr., 328 W. 30th St., Holland,
Mich. 49423
2799 Dale Milby, Route 1, Fullerton, Nebr. 68638
2800 Frank Levitan, 530 Southern Blvd., Bronx, N. Y.
10455
2801 Orin H. Peterson, Route 1, Urich, Mo. 64788
2802 G. H. Lloyd, P. 0. Box 253, Paris, Tenn. 38242
2803 William D. Ogline, R.D. #2, P. 0. Box 542, Somerset,
Pa. 15501
2804 Kenneth E. Black, 122 Allen Street, Lansing, Mich.
48912
2805 Ray Patterson, 533 Meek Street, Sharon, Pa. 16146
2806 Lou Zimbler, 2216 E. 2nd St., Tucson, Ariz. 85719
2807 Julian Leidman, 8439 Georgia Ave., Silver Spring,
Md. 20910
2808 Dale Ennis, 108 Lee, Coalgate, Okla. 74538
2809 Larry Wayne House, RR #5, Carbondale, Ill. 62901
2810 E. Barrett Knock, 710 Americana Dr., Apt. 24,
Annapolis, Md. 21403
2811 William S. Nix, P. 0. Box 1163, Newport, Ore.
97365
2812 Mrs. Beate Rauch, P. 0. Box 60321, Terminal
Annex, Los Angeles, Calif. 90060
2813 William M. Kinnersley, 2914 Rio Grande St., Aus-
tin, Texas 78705
2814 Ephraim Saphir, 1730 Losantiville, Cincinnati, Ohio
45237
2815 Frank DeMarco, 1200 Skyway St. N.E., N. Canton,
Ohio 44721
2816 Roger H. Durand, 448 River Road, Lincoln, R. I.
02865
2817 Harriet Moreloo, 26 Clifford Drive, West Hartford,
Conn. 06107
2818 Irvin Eilers, 911 Foulk Road, Waterloo, Iowa 50702
2819 Milton G. Phillips, P. 0. Box 157, Goldenrod, Fla.
32733
C U. S. small size notes
C, D
U. S. and Canada paper money
C
U. S. large size notes and all $2 hills
C U. S. all types
C
C U. S. large and small size notes
D
C U. S. $1 and $5 bills
C Mexican currency 1914-18
C Currency of Great Britain
C
U. S. large size notes ; obsolete and National
Currency from Licking County, Ohio
U. S. broken bank notes
U. S. small size notes
C, D
General
C
Confederate and obsolete notes
C
Miscellaneous paper money and checks
C
Nebraska National Currency
C
U. S. large size notes—New York West
Chester County
C
U. S. small size notes
C
U. S. small size notes
C, D
U. S. all types and series
C
Federal Reserve Notes
C
General
C
Federal Reserve Notes—$1
D
C
National Bank Notes
C, D
U. S. silver certificates—large and small
size
C
C
Unsigned notes
C, D Germany, Austria
C
Block letters
C
U. S.
C
U. S. type sets
C
Depression scrip of 1933; Rhode Island
notes; broken bank notes
, C
U. S.
C, D
First National Bank notes and broken bank
notes
C U. S.—large size notes mostly
PAGE 118
Paper Money WHOLE NO. 35
2820
2821
2822
AMN Richard J. Reinold, CMR #1, Box 76, Ent
AFB, Colo. 80914
James D. King, Box 196, Ridgewood, N. J. 07451
Mrs. J. L. Becker, 1357 Pitman Ave., Palo Alto,
C D
D
C
U. S. small size notes—gold and silver cer-
tificates; U. S. Notes
U. S. small size notes
Calif. 94301
2823 Whitney L. Brooks, P. 0. Box 148, Torrington,
Conn. 06790
C U. S. Notes and colonials
2824 Charles H. Cox, Leland, Iowa 50453 C U. S. small size National Currency
2825 Rev. Edmund J. Yahn, 1516 Warwood Ave., Wheel-
ing, W. Va. 26003
C National Bank Notes of West Va.
2826 David F. Thompson, 7509 Ambergate Pl., Apt. 1,
McLean, Va. 22101
C U. S. large size notes of the western states
2827 William C. Bright, 4310 Round St., Cedar Falls,
Iowa 50613
C, D National Currency
2828 Leland W. Stickle, RR 1, Tampico, Ill. 61283 C National Bank Notes of N. Dak. and Ill.
2829 Edward R. Landers, P. 0. Box 413, Latham, N. Y. C, D U. S. large size notes
12110
2830 Antonio Sartori, Jr., 1 N. Franklin St., Athens,
N. Y. 12015
C U. S. large size notes
2831 Harold D. McClure, 1169 Kettering Street, Davison,
Mich. 49523
C Foreign and U. S. Military Payment Cur-
ency
2832 Robert P. Hoskins, 97-04 116th Street, Richmond
Hill, N. Y. 11419
C U. S. $1 types ; National Bank Notes and
obsolete currency of Lewis County.
N. Y.
2833 John E. Panek, 1122 Davis, Deerfield, Ill. 60015 C U. S. $1 and $5 notes
2834 Eugene F. Bright, 2604 Walnut, Cedar Falls, Iowa C, D National Currency
50613
2835 William F. Duffy, 1307 Grant Ave., Woodlyn, Pa. C Confederate currency; U. S. $1
19094
2836 Geo. C. Brousseau, 1353 Sunset Blvd., Los Angeles,
Calif. 90026
C U. S. large and small size notes
2837 Nancy Ruddy, 6922 Hollywood Blvd., Suite 810,
Hollywood, Calif. 90028
C, D $3 obsolete notes
2838 Louis F. Dawson, Sr., Rt. 2, Box 221, Wilmer, Ala. C
36587
2839 Stanley Czerminski, 533 E. Pearl St., Toledo, Ohio C Odd serial numbers, errors
43608
2840 Clifford D. Guertin, 604 Baylor Ave., River Vale,
N. J. 07675
C
2841 Edwin T. Kuether, 1815-3rd Ave. S.E., Austin,
Minn. 55912
C, D U. S. National Bank Notes
2842 A. L. Lewis, 55 Wellington Ct., Wellington Rd., St. C U. S. and foreign banknotes
John's Wood, London, N. W. 8 England
2843 Dean W. Williams, Warwick Ave., Northfield, Mass. C, D U. S.
01360
2844 Al. 0. Robertson, 1203 Oxford, Fort Worth, Texas
76114
C Confederate currency and broken hank
notes
2845 Dale Allan Seppa, 30 West Chicago, Chicago, Ill. C, D Ecuador—South America
60610
2846 Vincent F. Torhan, P. 0. Box 33, Springfield, N. J. C, D Currency of the African countries
07081
2847 Thomas J. Foster, 5631 Heiskill St., Philadelphia,
Pa. 19144
C U. S. small size notes
2848 Guy Giaimo, Box 1205, San Mateo, Calif. 94401 C, D Foreign and Military Payment Certificates
2849 Richard Neubauer, 733 N. Homan Ave., Chicago, Ill.
60624 C U. S. and foreign
2850 Fremont J. Lobbestael, 1235 Hogback Rd., Ann C U. S. National Bank Notes, small size
Arbor, Mich. 48104
SPMC Member Again Wins
Nathan Gold Award
SPMC continues to monopolize the Nathan Gold
Memorial Award which is presented annually by Numis-
matic News to the person who has made a concrete con- •
tribution to the advancement of paper money collecting.
The tenth winner, like all previous winners, is a valued
member of this Society—Raymond S. Toy of El Cajon,
Cal. The leading authority on military currency. Mr.
Toy has published four major catalogs in the field since
1964 and thereby popularized a previously unpopular
series.
WHOLE NO. 35
Paper Money PAGE 1 1 9
MONEY MART
FOR USE BY MEMBERS OF THE SOCIETY ONLY
PAPER MONEY will accept classified advertising from members on a basis of 5c per word, with a mini-
mum charge of $1.00. The primary purpose of the ads is to assist members in exchanging, buying, sell-
ing, or locating specialized material and disposing of duplicates. Copy must be non-commercial in na-
ture. At present there are no special classifications but the first three words will be printed in capital
letters. Copy must be legibly printed or typed, accompanied by prepayment made payable to the So-
ciety of Paper Money Collectors, and reach the Editor, Barbara R. Mueller, 225 S. Fischer Ave., Jeffer-
son, Wis. 53549 by Nov. 10, 1970. Word Count: Name and address will count for five words. All other
words and abbreviations, figure combinations and initials counted as separate words. No check copies.
discount for four or more insertions of the same copy. Sample ad and word count:
WANTED: CONFEDERATE FACSIMILES by Upham for cash or trade for FRN block letters,
$1 SC, U. S. obsolete. John Q. Member, 000 Last St., New York, N.Y. 10015.
(22 words; $1; SC; U. S.; FRN counted as one word each)
MISSOURI CURRENCY WANTED: Nationals, obsolete
and bank checks from St. Louis, Maplewood, Clayton,
Manchester, Luxemburg, Carondelet and St. Charles.
Ronald Horstman, Rt. 2, Gerald, Mo. 63037
OBSOLETE, MPC, MILITARY, Southern States, bought,
sold and traded. Especially interested in notes of Ten-
nessee, Alabama and any Louisiana parish or town notes.
Need for my collection $5 MPC Series 541. Have large
stock to trade. Paul E. Garland, 608 Mountain View
Ave., Maryville, Tenn. 37801
WANTED: NATIONAL BANK Notes chartered under
100, also Wisconsin National Bank notes large or small
size. M. 0. Warns, P. 0. Box 1840, Milwaukee, Wis. 53201
WANTED: PROOF & SPECIMEN notes from any state
or country. Especially want Southern proof notes, die
Proofs of vignettes used on paper money, engravers'
sample sheets, books of vignettes, Bank Note Lists and
Counterfeit Detectors. Also want all kinds of South
Carolina paper money. J. Roy Pennell, Jr., P. 0. Box 858,
Anderson, S. C. 29621
WANTED: SOUTH CAROLINA National Bank notes.
Also South Carolina obsolete, proof, colonial & scrip
wanted. J. Roy Pennell, Jr., P. 0. Box 858, Anderson,
S. C. 29621
WANTED: OKLAHOMA NATIONALS. Large and
small national bank notes wanted on all towns and cities
in Oklahoma. Will buy for cash or trade notes from
other states. Please price and describe or send for offer.
Dale Ennis, Box 14, Coalgate, Okla. 74538
WANTED: 1929 NOTES on Charter #666 New London,
Conn. and Charter #888 on Newport, N. H. M. 0. Warns,
P. 0. Box 1840, Milwaukee, Wis. 53201
SEND 12c FOR postage for large printed pricelist of
Mississippi through North Carolina notes. Want lists
will he answered individually for Canadian, Confederate
and other States not on the pricelist. Helen H. William-
son, 628 Belleville Ave., Brewton, Ala. 36426
FOREIGN PAPER MONEY and Military Payment Cer-
tificates wanted. Please describe and price or send insured
for fair offer. Joseph Persichetti, Box 423, Great Neck,
N. Y. 11022
DELAWARE OBSOLETE NOTES and scrip wanted;
also information, photos of Delaware notes for Wismer
listing. Collect other Delaware-related items. Cash or
trade. Terry A. Bryan, 230 American Ave., Dover,
Del. 19901
WANTED: CONFEDERATE CURRENCY. I especially
need Criswell T5, T11, T12, T15, T21, T23, T27, T32
and T35. I will buy more common notes also. Send for
my complete want list of CSA and Southern States' Bills.
Ralph E. Plumb, 414 Live Oak Lane, Dunedin, Fla. 33528
WANTED: NATIONAL BANK Notes of Nashville,
Tenn.; Smyrna, Tenn.; and Pittsfield, Ill. Price and des-
scribe. Charles Dean, Box 2262, Nashville, Tenn. 37214
WANTED: LOW SERIALS: Interested in any crisp
U. S. notes with serial #00000056. I. L. Gittleman, P. 0.
Box 164, Monroe, Mich. 48161
WANTED: OLD CHECK protectors. Books on penman-
ship, forgery, counterfeiting; also Counterfeit Detectors.
All letters answered. Larry Adams, 969 Park Circle,
Boone, Iowa 50036
FOR SALE : MARYLAND obsolete. Am breaking up
collection. Have some scarce broken notes at reasonable
prices. W. F. Hurley, 709 Murdock Road, Baltimore.
Md. 21212
$100 MONTANA NATIONAL note (large or small)
wanted for personal collection. Also other Montana notes.
Milton Sloan, 7th & Park, Whitefish, MT 59937
NEED MEMBERS' HELP: Reasonable premium for $1
FRN's, CU only, with serial ending in four 5's (example:
L-xxxx5555-A). Write first, everyone answered. Also
world notes of any "ONE" denomination (any serial).
Thanks for past help. Robert N. Arvidson, P. 0. Box
1382, Saugus, Cal. 91350
NORTH CAROLINA NATIONALS wanted: small size.
Jim Greene, Box 182, Sparta, N. C. 28675
EXCHANGE TRADE LIST radars, matched, low serials.
Jim Greene, Box 182, Sparta, N. C. 28675
MISMATCHED SERIALS WANTED: write with de-
scription. Trades welcome. Jim Greene, Box 182, Sparta,
N. C. 28675
WANTED: MILITARY PAYMENT Certificates, es-
pecially Series 472 and 591. Have notes to trade. De-
scribe or send for offer. C. Hutchason, 4145 Lincoln
Way, San Francisco, Ca. 94122
WANTED: TWO UNITED States 1876 Centennial Inter-
national Exhibition Stock Certificates issued by the Cen-
tennial Board of Finance, Philadelphia. Selling uncut
sheet of 15, 50c notes, Macon, Miss., 1864, $82.50. Uncut
sheet of 7, $2 and 5, $3 notes, Macon 1864, $82.50, unc.
Need rare Mississippi notes for personal collection. John
C. Coleman, 1231 Quinn St., Jackson, Miss. 39202
PAGE 120
Paper Money WHOLE NO. 35
Lamberton Gives
Magazines to Library
Through an unfortunate error on the Librarian's part,
the donation of 25 issues of The Virginia Numismatist
listed in PAPER MONEY No. 34 was not attributed to the
member who gave them to the Library. Major H. A.
Lamberton of South Miami, Fla. is the thoughtful mem-
ber who has made these magazines available, and both
our apologies and thanks go to him.
Important Library Notice!
The Librarian will he unable to fill any requests for
material from the Library from September 10, 1970
through October 25, 1970. Please send your requests
before or after this period. Thank you for your in-
dulgence.
BRM
Library Notes
SPMC member Richard Banyai has made available to
the Society at a most attractive price many duplicates,
etc., from his extensive library on economics and mone-
tary matters. In order to take advantage of his offer,
the Editor purchased three large cartons of books,
pamphlets, etc., and is now in the process of sorting,
reviewing and cataloging the material. After selecting
the few items she desires for her personal library, she
will donate the rest to the SPMC Library. Watch for
the new listings in future issues. For now, the following
items will he immediately available to the members:
BOOKS
F-I, Federal Reserve System Board of Governors—
The Federal Reserve Act As Amended Through October
1, 1961
K-2, Knight, H. McC.--A Simplified Guide to Collect-
ing American Coins, 1959
R-4, Robinson, C. R. and Young, C. B.
A Nation
Without Coins, 1965
REGULAR ADDITIONS TO THE PERIODICALS SECTION
ANA Club Bulletin:
Feb., March, April, May, June 1970
The Canadian Paper Money Journal:
Vol. 6, No. 2, April 1970
The Essay-Proof Journal:
Vol. 27, No. 2, 1970
The Numismatist:
Vol. 83, Nos. 4 to 6, 1970
Paper Money:
Vol. 9. No. 2. 1970
RULES FOR USE OF THE LIBRARY
1. Use of the Library is restricted to members of The
Society of Paper Money Collectors in good standing. They
may borrow books for a period of two (2) weeks. Ex-
tension must be arranged with the Librarian in advance.
2. Postage and insurance both ways must be paid by
the borrower. All payments must be in U. S. funds or
unused U. S. postage stamps. A postal card will be used
to notify the borrower of shipment and the shipping costs
to be remitted.
3. All items must be handled carefully and returned
promptly in suitable wrappings, with the same class post-
age used by the Librarian.
4. Requests must include the applicant's SPMC number.
Requests for books and pamphlets should be made by the
identifying code, such as M-2, R-1, etc. Requests for
periodicals should be made by name, volume and issue
number and year where possible.
5. Borrowers are responsible for Library property from
the time it is received by them until it is returned to the
Library.
Bank Checks as Mexican
Currency
By Ed ShNeker
Bank checks were used as legal currency during the
Mexican revolution of 1914 due to the lack of Federal
issues. In many cases the validity of these check notes
was greater than that of the existing regular currency.
They were emergency issues created to meet the demand
and need of the time. One typical special series was
issued in several denominations by the Banco de la
Laguna de Coahuila of Torreon.
The Bank of London and the German-Southamerican
Bank of Berlin were very active in Mexico during the
revolutionary period. They both issued emergency bank
checks for currency. These are the state of Coahuila re-
leases on Banco de Londres y Mexico and the Deutsch-
Sudamerikanische Bank (Berlin).
British Currency in Africa
British-type notes inscribed East African Currency
Board date from the establishment in 1919 of a common
currency for British colonies in East Africa to replace
the Indian rupee, German and Italian versions of it, and
Maria Theresa talers. The notes eventually circulated
in Kenya. Tanganyika, Uganda, Zanzibar, Aden and
Somaliland, as well as war-time Ethiopia. In June 1965.
the newly independent states of Kenya, Tanzania and
Uganda provided their own central banks and currencies.
thus sounding the eventual death knell of the EACB
notes.
CONNECTICUT
$ 1.00 Stonington
Bank. Unc.
5.00 Stonington Bank. Unc.
10.00
Stonington Bank. Unc.
$ 7.50
5.00
9.75
3.00 Saybrook Bank. PROOF on Card.
85.00
1.00 City Bank of New Haven.
Unc. 6.75
2.00 City Bank of New Haven. Unc. 8.00
3.00 City Bank of New Haven. Unc. 12.50
5.00 City Bank of New Haven.
Unc. 6.75
10.00 City Bank of New Haven. Unc. 12.50
20.00 City Bank of New Haven.
Unc. 8.75
50.00 City Bank of New Haven. Unc. 14.50
100.00 City Bank of New Haven.
Unc. 18.75
.10 Charter Oak
Bank.
Unc. 5.00
1.00 Bank of New England.
Unc. 4.00
2.00 Bank of New England.
Unc. 4.50
3.00 Bank of New England. Unc. 9.75
5.00 Bank of New England. Unc. 4.00
10.00 Bank of New England. Unc. 8.00
20.00
Bank of New England. Unc. 10.75
UnCut Sheet of 3 Treasury Notes. COLONIAL Dated Feb. 1, 1789 Fine cut cancelled 92.50
UnCut Sheet of Bank Checks on Farmers & Mechanics Bank of Hartford.
Sheet of 6 Checks Dated 183- E.F. 14.75
UnCut Sheet of 3 Bank Checks of First National Bank of Willimantic. Dated
188- A.U. 5.50
UnCut Sheet of 20-50 on Norfolk Bank. E.F. 82.5C
UnCut Sheet of 3-10-20-50 Union Bank in New London. A.U. 65.00
UnCut Sheet of 50-100 Home Bank. E.F. 150.00
I am buying certain UnCut Sheets of Old Bank Checks. Also certain Sheets of Broken Bank
Bills. Also buying large HOARDS of single Obsolete Bills from all States. Please describe and
price at once.
FRANK F. SPRINKLE
P. 0. BOX 864, BLUEFIELD, W. VA. 24701
MAINE and NEW JERSEY
OBSOLETE NOTES, CHECKS, DRAFTS AND CERTIFICATES OF DEPOSIT- BEFORE 1890
FAR WESTERN STATES
CHECKS, DRAFTS AND CERTIFICATES OF DEPOSIT--BEFORE 1890
ESPECIALL Y
MINING COMPANIES OF VIRGINIA CITY, NEVADA
I need these for my collection. Please write.
ROBERT R. COOK
93 OVERLOOK ROAD
UPPER MONTCLAIR, NEW JERSEY 07043
ANA 64247 SPMC 529 EPS 1138 CCRT 71
TOM IS BACK!
Legal Tender U. S. Notes
Donion No. Series
ONES
205-2
205-2
205-2
205-2
934A E-A Mule VG 8.00 F 10.00
934A E-A Mule XF 14.00 U 20.00
934A F-A Mule VG 12.00 F 15.00
934A G-A XF 12.00 U 15.00
101-1 1928 Unc 26.00 205-2 934A H-A F 10.00 VF 12.00
205-2 934A I-A VF 12.00 Unc 15.00
TWOS 202-2205-2
934A J-A VF 12.00 Unc 14.00
934A K-A VG 8.00 VF 10.00 XF 14.00
102-1 1928 VG 10.00 Unc 30.00 205-2 934A L A, VG 15.00 F 20.00
102-2 1928A VG 12.00 Fine 20.00 205-3 934B K A VGF 15.00 Unc 40.00
102-3 1928B VG 50.00 Unc with a Corner 205-3 934B L-A VG 10.00 VF 15.00 XF 20.00
Crease 275.00 205-3 934B L A Unc 25.00
102-4 1928C VG 4.00 F 4.50 205-3 934B L-A Mule VG 90.00
102-5 1928D VG 4.00 VF 9.00 U 15.00 205-4 934C L-A Unc
18.00
102-6 1928E VG 6.00 F 10.00 205-4 934C M-A VGF 10.00 VF 12.00
102-7 1928F VG 4.00 F 6.00 U 15.00 205-4 934C N-A VGF 11.00 VF 12.00
102-5 1928D MULED VG 8.00 U 18.00 205-4 934C P-A VGF 11.00 VF 12.00
102-8 1928G VG 4.00 F 5.00 U 8.00 205-4 934C P-A Mule VG 50.00
Please note GNC means it has been hand-autographed by 205-4 934C Q-A XF 12.00 Unc 14.00
Georgia Neese Clarke in addition to her having been
On?, of the signers of this note. WIDE BACKS TYPE 1
102-8 1928G GNC VG 8.00 XF 12.00 205-5 1934D Q-A VGF 10.00
102-8 1928G GNC Unc 18.00 205-5 1934D R-A VGF 10.00 VF 12.00
102-9 1953 Unc Starred 6.50 U 5.50 205-5
1934D R-A F 10.00 Unc 15.00
102-10 1953A U Starred 6.00 U
5.00 205-5 1934D S-A VG 8.00 10.00 U 15.00
102-11 1953B U Starred 6.00 U 4.00 205-5
1934D T-A VGF 10.00 Unc 17.00
102-12 1953C U Starred 5.00 U 4.00 205-5
1934D U-A F 10.00 Unc 17.00
102-13 1963 U Starred 4.00 U 3.50 205-5
1934D V-A VGF 10.00
102-14 1963A U Starred 4.00 U 3.50
NARROW BACKS
FIVES 205-5 1934D U-A F 12.00 XF 15.00 U 20.00
105-1
105-1
928 VG 7.50 Fine 9.00
928 VF 12.00 Unc 25.00 WIDE BACKS TYPE II
105-2 928A VG 12.00 Fine 16.00 205-5 1934D U A VF 20.00 Unc 30.00
102-2 928A XF 22.00 Unc 40.00 205-5 1934D V-A VGF 15.00
105-3 928B VG 8.00 Fine 12.00 205-5 1934D V-A CK #2069 Front and
102-3 928B XF 15.00 Unc 23.00 Back Rare Unc 200.00
102-4 928C VG 7.50 Fine 10.00
102-4
105-5
928C VF 15.00 Unc
20.00
928D F 32.00 XF CR
45.00
Following are 1934-D signed by Georgia Neese Clarke and
hand-autographed by her also-could be rare combination
in these Wide T1
105-6 928E VG 7.00 F 9.00
105-6 928E VF 12.00 XF 16.00 U
19.00 205-5 1934D Q-A VGF 20.00
105-7 928F VG 7.50 F 10.00 XF 14.00 205-5 1934D R-A VGF 20.00 XF 25.00
105-7 928F Unc 20.00 N-B Unc
30.00 205-5 1934D S-A VGF 20.00
105-7 928F GNC VG 15.00 Fine 18.00 205-5 1934D T-A VGF 20.00
105-8 953 Unc 19.00 205-5 1934D U-A VGF 20.00
105-9 953A Star U 20.00 Unc 11.00
105-10
1953B Star U 15.00 Unc
11.00 NARROW BACKS AUTOGRAPHED
105-11 1953C Unc 11.00 205-5 1934D Fine F 25.00
105-12 1963 Star U 7.50 Unc 5.75
HUNDREDS WIDE BACK TYPE II AUTOGRAPHED
100-1 1966 Unc Choice
115.00 205-5 1934D U-A VGF 45.00
SMALL-SIZE SILVER CERTIFICATES
FIVES
Block
205-1 1934 A-A XF 12.00 Unc
18.00
205-1 1934 B-A Unc 1 8.00
205-1 1934 D-A XF 12.00
205-2 1934A D-A Mule VG 8.50 F
11.00
205-2 1934A D-A Mule XF 20.00
NEW DESIGNS FIVES NO AUTOGRAPHS
205-6 1953 A-A Fine 9.00 Unc 12.00
205-6 1953 B-A VF 9.00
205-6 1953 C-A VF 8.50 - D-A Unc 12.00
205-7 1953A E-A XF 8.50
205-7 1953A F-A VF 7.50 Unc
11.00
205-7 1953A D-A Unc
11.00
205-8 1953B F-A Unc
10,00
* * * * * * * * * * * * *
TEN DOLLAR SILVER CERTIFICATES
210-2 1934 A-A VGF 17.00 XF
23.00
210-2 1934 Unc
33.00
THE FOLLOWING 1934 TENS MULED
2 0-2 934 A-A VG 16.00 FVF
20.00
2 0-2 934 A-A XF 25.00 Unc
33.00
2 0-3 934A A-A VF 18.00 XF
26.00
2 0-3 934A B-A VF 17.00 XF
25.00
2 0-3 934A A-A Mule VG
90.00
2 0-3 934A A-A Experimental VF
60.00
2 0-4 934B B-A VG 40.00 VGF
65.00
2 0-5 934C B-A FVF 16.00 XF
17.50
2 0-5 934C B-A Unc
19.00
2 0-6 934D B-A FVF 16.00 Unc
19.00
These 1934D are autographed by Georgia Neese Clarke,
who is the signer of same.
210-6 1934D B-A FVF 25.00 U
30.00
210-7 1953 A-A VF 18.00 Unc
26.00
210-8 1953A A-A Unc
27.00
210-9 1953B A-A VF 18.00 Unc
25.00
EXPERIMENTAL ISSUE OF 1935A SILVER
CERTIFICATES
R201 Red "R" GVG 15.00
S201 Red CVO 14.00
Pair 28.00
5201 Red "5" Unc
60.00
* * * * * * * * * * * *
NORTH AFRICA EXPERIMENTAL
A205-2 Five 1934A Block K-A and Face
Check Number 307 FVF with Fold Cata-
logs *Rare* 100.00
A210-2 Tens 1934A Block A-A Face
Check #86 Fine 35.00
A210-2 Ten 1934A Block B
A Face
Check #86 FVF 50.00
HAWAIIAN ISSUE BROWN SEALS
AND SERIAL NUMBERS
H201 Ones 1935A Unc
7.50
HSO5-1 Fives 1934 Fine Muled
40.00
Unc Muled 60.00
HSO5-2 Fives 1934A F 10.00 VF
15.00
XF 20.00 VG 9.00
H510 Tens 1934A VG 17.00 F
22.00
HSO0-1 Twenty.s 1934 VG 45.00 F
65.00
VF 100.00
H520-2 Twentys 1934A VG
27.00
Fine 32.00 VF 35.00
* * * * * * * * * * * * *
NORTH AFRICA AND EUROPEAN
INVASION NOTES ALL WITH YELLOW
SEAL
A201 Ones 1935A Unc 12.50
A205-2 Fives 1934A Unc
25.00
VGF 11.00 F 15.00 XF 18.00
A210-2 Tens 1934A VGF 16.00 F 22.00
Unc 40.00 XF 30.00
* * * * * * * * * * * * *
We have a few 1963A One Dollar Federal
Reserve Notes:
75 Pieces New York Starred 1.15 each
100 New York not Starred
1.10 each
40 San Francisco not Starred 1.10 each
95 Cleveland not Starred 1.10 each
Have Few Fives:
80 1950E New York 6.50 each
70 1950B Atlanta 6.50 each
We also have packs and part packs of Silver
Certificates:
100 Notes 1928A Block S-A 700.00 or in
lots of ten pieces 8.00 each
98 1928A Block XA for 700.00 or lots of
ten at 8.00 each
70 1934 Blocks DA, CA, BA, & GA Mixed,
the lot at 425.00
75 1935B Mixed ED, FD 560.00
90 1935C Block PE 270.00
70 1935D Wide Block PF 200.00
90 1935D Narrow Block PF 250.00
50 1935E Block PI .100.00
88 1935E Block XG 180.00
75 1935E Block QH 150.00
100 1935E Block DH 200.00
50 1935E Block NI 100.00
75 1935E Block VH 150.00
50 1935E Block *F 150.00
200 1935F Block °F 275.00 per 100
40 1935F Block WI
60.00
50 1935F Block ZI 75.00
120 1935G Block CJ 270.00
90 1935G Block DJ 200.00
250 1935G Block *G 1000.00
50 1935G Block *G W-M 500.00
525 1935H Block DJ 175.00 per 100
100 1935H Block EJ 185.00
175 1935H Block *G
345.00
100 1957 Block ZA 175.00
50 1957 Block DA, GA, UA 89.00
90 1935F Block XI 157.00
* * * * * * * * * * * * *
Also Have 300 New York Barrs at $115.00 per
Hundred and 700 New York. Barrs Starred at
$125.00 per Hundred.
Many of these Notes are one of a kind. Add 85
cents to orders less than $100.00 Please use Bank
or Post Office Money Orders for fast action.
THOMAS J. SETTLE
BOX 1173, CHURCH STREET STA., NEW YORK, N. Y. 10008
Tennessee Obsolete Notes
50¢ Bank of Chattanooga, 1863 V.F. $ 4.50
1.00 Bank of Chattanooga, 1862. Fine 5.50
10.00 Bank of Chattanooga, 1857. Fine 10.00
5.00 Bank of America, u/s. Orange & black. Unc. 7.00
10.00 Bank of America, u/s. Plain. Unc. 8.50
25¢ Bank of Tennessee, 1861. Fine 2.75
50¢ Bank of Tennessee, 1861. V.F. 3.50
5.00 Exchange Bank, 1856. V.F. 7.25
5.00 Agricultural Bank, 1855. Fine 7.00
1.00 Bank of E. Tennessee, 1855 (Jonesboro) V.F. 9.00
2.00 Bank of E. Tenn., 1855 (Jonesboro) Fine 6.00
5.00 Bank of E. Tenn., 1856 (Chattanooga) Fine 6.00
3.00 Farmers & Merch. Bank, 1854 (Red & Black)
V.F. 10.00
3.00 Farmers & Merch. Bank, 1854 (Blue & Black)
V.F. 10.00
5.00 Bank of West Tenn., 1861. Canc. Fine 4.50
5.00 Southern Bank of Tenn., 1854. V.F. 11.00
1.00 Mechanics Bank, 1854. V.F. 7.50
5.00 Mechanics Bank, 1854. Plain. Unc. 10.00
5.00 Mechanics Bank, 1854. Green 5's. Unc. 10.00
10.00 Mechanics Bank, 1854. Green X. Unc. 8.50
Notes of most states in stock, also colonials.
Want lists solicited.
RICHARD T. HOOBER
P. 0. Box 196, Newfoundland, Penna. 18445
INDISPENSABLE!
Please note excellent original issues
of the very rare NATIONAL COUNTER-
FE IT DETECTOR. ( 1912-18. ) Lists all
known counterfeits in all series, 1862 to
date of issue! 64 pages each." A wealth
of information for the collector, dealer and
researcher. Postpaid
$20 per copy.
32-page copies (World War I conservation measure) $15
each. These copies also list all known counterfeits to date of
issue.
M. PERLMUTTER
P. 0. BOX 48
WATERTOWN, MASS. 02172
(617) 332-6119
PIIIIIIIIIIIVIIHII1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111E
WANTED
=
Uncirculated Colonial &
Continental Paper
Money
18TH CENTURY AMERICAN LOTTERY
TICKETS IN NEW CONDITION (STIEGEL
LOTTERY TICKETS IN ANY CONDITION)
SCARCE LITERATURE; REFERENCE COINS
& PAPER MONEY IN THE AMERICAN COL-
; ONIES (CLEAN, UNFOXED CONDITION)
JAMES R. HOSLER
80 SOUTH MAIN ST.
MANHEIM, PA. 17545
A.N.A. A.N.S.
WE BUY AND SELL
LARGE SIZE U. S.
PAPER MONEY
WANTED:
Choice Condition and Scarce
Large Size Notes Only.
SEND LIST FIRST, WITH
CONDITION AND PRICES.
L. S. WERNER
1270 Broadway, New York, N. Y. 10001
Phone LA 4-5669
SOCIETY CERTIFIED PROFESSIONAL
NUMISMATISTS
ASK YOUR FRIENDS ABOUT US
WANTED:
ALL CHAMFER PERIODS
Large National Bank Notes any denomina-
tion, on the Massachusetts towns of: Brigh-
ton, Brookline, Dorchester, West Newton,
Newtonville, and Watertown.
Also: First National Bank of Boston, Mass.
Will Buy or Trade.
Also: First Charter $20 on Maine. $5
Brownbacks on Conn. All New England
first charter notes and Brownbacks. We
pay top dealer prices for required large note
rarities; rare gold certificates wanted.
M. PERLMUTTER
P. O. BOX 48
WATERTOWN, MASS. 02172
(617) 332-6119.
"Numismatic Dealers and Researchers; Specializing In U.S.
Paper Money, Series 1861-1923.-
FOR SALE
I HAVE
SCOTS
and
IRISH
notes in my collection for sale at very rea-
sonable prices.
I would be very pleased to receive want
lists of any British notes—England, Scot-
land, Ireland, Isle of Man, etc.
BARRY WILLIAMSON
25 EYRE PLACE
EDINBURGH EH3, 5EX, SCOTLAND
SPMC #2558
IBNS #738
WANTED TO BUY
BROKEN BANK •
•
and other obsolete U. S. Currency available
I have a large stock on hand at all
times and will be happy to add
your name to my mailing list.
•
WHETHER BUYING
OR SELLING
National Currency Notes
Large Size and 1929 Series
Especial ly Want Notes from Small Towns
Also Want Obsolete Notes and Material
Pertaining to Early America.
Write and describe what you have to sell
do not send material except upon my re-
quest. All letters will be answered.
•
Please Contact
ROBERT A. CONDO
WARREN HENDERSON
Obsolete Currency Specialist
P. 0. BOX 1358
VENICE, FLA. 33595
P. 0. Box 304
DRAYTON PLAINS, MICHIGAN 48020
Member of:
ANA, MSNS, SPMC, PMCM, CSNS
NEW! ! '' .... from the publishers of George J. Sten's
Banknotes of the TVorkl
CHINESE BANKNOTES
An Indexed, Annotated, Priced, Illustrated Guide
by
WARD D. SMITH and BRIAN MATRAVERS
A new listing in a completely new format covering Chinese paper cur-
rencies from the earliest recorded issues in about 650 AD to the present.
indexing in both English and Chinese, as well as by category,
making note identification quick and easy.
knowledge of Chinese is necessary.
* $$$ Covers more than 1,100 banks and other issuing agencies—probably
three times as many as in any previous listing
"'Approxirnately 1,800 illustrations.
****More than 5,000 notes described in detail—sizes, colors, printers,
ov a
rprints, signature varieties, etc.
****Prices from market records or estimates of value given for all
listed notes.
"'.
"Hard-bound, top quality throughout. Designed for permanent refer-
ence use in your library. Size 8 1/. by 11 inches. About 230 pages.
****Well over 100,000 words of commentary or equivalent descriptive
material on specific issues and issuers, plus extensive reference
information on numbers, denominations, dates, place names,
print, re--,verything in one compact book.
'''Covers China proper, Manchuria (including Manchukuo), Inner
Mongolia, Hong Kong, Macao, Japanese military, puppet, and
foreign tanks, communist banks and others, many never previously
listed.
Very limited edition. No plans are being made for distribution
through normal numismatic trade channels.
Price $10.00 for North America
!One dollar extra for overseas shipments for special packaging &
insurance)
PAPE It MONEY
BUY- SELL - TRADE
U. S. LARGE SIZE
ONLY
Best dealer prices paid, or trades made for
Such Fr. Nos. as 124, 265, 267, 291, 292,
295, 296, 297, 323, 324, 586a, 1176, 1188,
1190, 1191, 1192, 1201, 1203, 1204, 1205.
Also New England first charter notes and
Brownbacks.
AMERICANA: Books, Documents, Checks,
Letters, Notes, Maps, Certificates, Scrip,
Autographs, etc. Inquiries invited.
N (4, ' 11 'US M. PEBILMITTTElt
(SPECIALIST IN WORLD PAPER CURRENCIES)
BOX 259
MENLO PARK, CALIF. 94025 USA
A six cent stamp brings my latest eight page
informative pricelist.
A.N.A., A.N.S., S.P.M.C., P.M.C.M.
P. 0. BOX 48
WATERTOWN, MASS. 02172
(617) 332-6119
Southern States Notes
1. 81.00 State of Florida, Mar. 1, 1863, C.19, V.G.
$ 7.50
2. $20.00 State of Florida, Oct. 10, 1861, C.4, V.F. $12.00
3. 020.00 State of Florida, Jan. 1, 1862, C.12A, V.F. $30.01)
4. 05.00 State of Florida, Jan. 1, 1862, C.14, V.F. $ 9.50
5. $20.00 State of Mississippi, 1 Nov., 1862, C.34, AU $ 4.50
6. $1.00 State of Mississippi, 1 May, 1862, C.25, ENE $ 5.50
7. $2.50 State of Mississippi, 1 May, 1862, C.24, V.G. 8 7.00
8. 05.00 State of Louisiana, C.10 and 14, set of two notes
EXF/AU 7.00
9. 02.00 State of Louisiana, Feb. 24, 1862, C.2, UNC 6.25
10. $1.00 State of Missouri, C.18, UNC $ 9.25
11. 5.00 State of Virginia, Mar. 13, 1862, C.13, V.F. $ 4.75
12. 62.00 State of Florida, Oct. 10, 1861, C.8A, Good $ 7.50
13. $50.00 State of Georgia, Jan. 15, 1865, C.31, UNC $30.00
14. $10.00 State of Georgia, Feb. 1, 1863, C.8, V.F.
13. 820.00 State of Georgia, Apr. 6, 1864, C.23, V.F.
10. 81.00 State of Texas, C.1: Mt, V.F. Pen Cancelled
17. 55.00 State of Texas, C.11A : M7, V.F. Pen Cancelled
18. $5.00 State of Alabama, 1 Jan., 1864, C.15, V.F.
19. 50c State of Alabama, Jan. 1, 1863, C.4, V.F.
20. 50c State of North Carolina. Oct. 1, 1861, C.42. V.F.
All notes guaranteed. Orders under $10.00 please add some postage.
I want to boy your duplicates. Write or ship for offer.
CAPT. ARNOLD BOSTWICK
FOR SALE
LARGE SIZE NOTES
SMALL SIZE NOTES
NATIONAL BANK NOTES
Send name and address for
our current free price list.
WANTED
NATIONAL BANK NOTES
from
small California Towns
THE VAULT
3.50
3.50
5.00
6.00
5.25
1.15
3.75
168 MISSISSIPPI, COLUMBUS AFB
MISSISSIPPI 39701
SPMC 2661
P. 0. BOX 49808
LOS ANGELES, CALIF. 90049
PENNSYLVANIA
COLONIALS
All fresh, crisp, uncirculated
June 18, 1764
(Ben Franklin & David Hall) 6d $135
9d $135
Also a striking duet, the 6d and 9d notes with
matching signatures and numbers $300
March 10, 1769
2 Shillings "Bettering House Money"
Very rare in uncirculated condition. This note has
a faint corner crease $150
April 3, 1772
6d or 9d, $60 each; 1 sh, 18d, 2sh, or 21/2sh,
$50 each.
Trio - of 1 8d, 2sh, 2 1/2 sh with matching signatures
and numbers $150
Most of the above 4/3/72 notes are available with
the design touched or just cut on one corner—at
10 percent below above prices.
Other choice colonial currency available. In-
quiries welcomed.
DON C. KELLY
BOX 525
TEANECK, N. J. 07666
WANTED
Large National Bank Notes with interest-
ing or unusual bank or community titles.
Prefer notes in very fine to uncirculated
condition.
Examples of notes wanted:
Charter
No. City Bank
3192 What Cheer, Iowa First Natl. Bk.
11992 Roseville, Calif. Railroad Natl. Bk.
6331 Welcome, Minn. Welcome Natl. Bk.
8796 Ft. Leavenworth, Kan. Army Natl. Bk.
1274 Edgertown,
Mass. Martha's Vineyard Natl. Bk.
8800 Atlantic
City, N. J. Boardwalk Natl. Bk.
1146 Springfield,
Ohio Mad River Natl. Bk.
Bro. of Railway Clerks Natl.
12446 Cincinnati,
Ohio Bk.
6674 Bluefield, W. Va. Flat Top Natl. Bk.
If you have one of the above, or a similar
type note for sale, please write. Give details,
condition, and price.
DR. HOWARD W. PARSHALL
P. 0. BOX 191
PINEVILLE, LOUISIANA 71360
SPMC 556
ANA 59557
Wanted By Collector
Lewis County, New York
Brokens-
The Lewis County Bank, Martinsburgh
Bank of Lowville
Nationals, Large & Small —
Ch. # 348-1st N.B., Lowville
2426—Black River N.B., Lowville
10077—Copenhagen N.B.
10767-1st N.B., Harrisville
10948—Croghan N.B.
*11742—Port Leyden N.B.
*12836 Lyons Falls N.B.
*(will pay premium)
also want Nationals & Brokens (no scrip) on
these New York State counties:
Jefferson, St. Lawrence, Oneida, Herkimer.
Please describe, price; all letters answered.
ROBERT HOSKINS
ANA, ANS, CNA, SPMC
97-04 116th Street
Richmond Hill, New York 11419
STOCKS, ETC.
S-41 THE BOLIVIA GOLD EXPLORATION COMPANY, Colorado
based company. Spread Bald Eagle on rock center issued, gold seal to
left, revenue stamps affixed, handsome, dated in the 1920's, 75c ea.
5/03.50 10/S6.00 20/810.00
5 -42 B ABINE BONANZA MINING AND MILLING COMPANY LTD.,
Vancouver, B. C., center vignette shows six miners drilling deep in
mine, brown, blue, rod and white, large desirable certificate, unissued
51.59
S-43 INLAND BREWING & MALTING COMPANY, Spokane, Wash-
ington,vignette of brewery to left, orange and black on white, hand-
some, unissued 190- $1.50
S-44 SPOKANE TIN MINES COMPANY, Spokane, Washington. scene
of hills center, unissued. dated 19 -, $1.00
S-45 REPUBLIC IRON MASK GOLD MINING COMPANY, Spokane,
Washington, six small and one large vignettes of miners, gold seal,
unissued, attractive, 19—. $1.50
S-46 NORTH BUTTE MINING COMPANY. Montana, vignette shows
hydrolic drilling rig in mine being used, on wall, cancelled, green,
dated 1906 or 1907 81.25
S-47 as above orange, 1926 01.00 S-48 as above, blue, 1928 81.00
S-49 as above, rose, 1929, 01.00 S-50 as above, light green, 1926 $1.00
S-51 FOREST OIL COMPANY, LIMITED, Reno, Nevada, orange &
black on white, bald eagle with spread wings on rock, capital in
background, unissued. embossed corm:pin- seal. 19— desirable 51.00
5-52 BLACK BEAR—WAR EAGLE GOLD MINES, mines located on
Palmer Mountain, Oka nogu Country, Washington, center ovals
show black bear on rock and bald eagle, desirable, unissued, 19—.
$1.50
S-53 CHICKAMONSTONE COPPER MINING COMPANY LIMITED,
province of British Columbia, com p anies Act of 1897, center vignette
shows Bull River Canyon, unissued $1.00
S-54 PEARL CONSOLIDATED MINING COMPANY, Spokane, Wash-
ington, vignette to left shows three miners and cart, brown & black
on white. unissued. 19—, $1.00
S-55 BASIN GOLDFIELDS LIMITED, Montana, unissued 193-, 50c
S-56 BUTTE COPPER CONSOLIDATED MINES, South Dakota.
signed by the secretary and the p resident of the company, unissued,
192-. 50e
S-57 WATSONVILLE BAKE-RITE BAKERY, California, Eagle vig-
nette center, gold seal, unissued, 19—, $2.00
S-58 TH7 PAYMASTFR GOLD MINING & MILLING COMPANY.
S p okane, Washington, vignette of capital building center, disc
with Justice center below, gold seal, handsome, unissued certificate,
190- 81.50
PAUL R. PEEL
1748 Sawyer Way, Colorado Springs, Colo. 80915
COINS & CURRENCY, INC.
29 SO. 18th STREET
PHILADELPHIA, PA. 19103
FIXED PRICES
1. C.S.A. Sept. 2, 1861 $5.00 C.274 Unc. $12.00
C.S.A. Oct. 2, 1862 $100.00 C.298 X.F. 5.00
C.S.A. Dec. 2, 1862 $1.00 C.399 ........ V.F. 11.00
C.S.A. April 6, 1863 $50.00 C.408 V.F. 5.50
5. C.S.A. Sept. 2, 1861 $100.00 C.52 Unc. 20.00
0. C.S.A. Feb. 17, 1864 $100.00 C.490 Fine 3.00
7. C.S.A. Sept. 2, 1861 520.00 C.133 X.F. 6.00
S. C.S.A. Sept. 2, 1861 $10.00 C.151 V.F. 50.00
:). C.S.A. S:pt. 2, 1861 810.00 C.163 c.o.c. V.F. 12.00
10. C.S.A. Sept. 2, 1861 $10.00 C.236 V.F. 5.00
11. C.S.A. Sept. 2, 1861 $10.00 C.201 V.F. 10.00
12. C.S.A. July 25, 1861 $50.00 C.15 Unc. 23.00
13. C.S.A. Sept. 2, 1861 5100.00 C.55 X.F. 8.00
15. C.S.A. Dec. 2, 1862 $5.00 C.383 IA) Unlisted Variety.
Letters C&G
A.U. 25.00
10. C.S.A. Feb. 17, 1864 $2.00 C.567 Unc. 5.50
17. C.S.A. Feb. 17, 1864 $20.00 C.514 -One. 2.50
VIRGINIA
18. Central Bank $2.00 1802 Fine 4.00
19. Bank of City of Petersburg $2.00 1801 ........ Fine 6.00
20. Bank of Howardsville $20.00 1861 V.F. 8.00
21. Bank of Virginia $1.00 1861 V.F. 8.00
22. Augusta Co. 10c 1862 Unc. 4.00
23. Bank of City of Petersburg $5.00 1861 Canc. V.F. 12.00
24. Richmond 75c 1862 Plain Rev. line. 4.50
25. Corp. Winchester 25c 1861 Blue pr. V.F. 6.00
26. Lynchburg 90c 1862 Fine 5.50
27. Petersburg 50c 1861 V.F. 5.00
28. Brunswick Co. $1.00 1862 Fine 4.25
19. Portsmouth 25c 1862 Unc. 5.00
(0. Bank of Winchester 520.00
Unsigned Unc. 8.00
31. Bank of Commonwealth 81.00 1861 Fine 4.00
32. Portsmouth 51.00 1862 A.U. 4.50
33. Bank of City of Petersburg $10.00 1861 Canc. V.F. 15.00
MASSACHUSETTS
34. Safety Fund Bank 81.00 (ABN) V.G. 7.50
:15. North Bank $1.00 1853 Ink Hole Fine 7.00
36. Bank of Brighton $100.00 1850 Canc. V.F. 11.00
37. Essex Bank $10.00 1862 V.F. 5.00
:38. Continental Bank $5.00 1861 Fine 6.00
39. Franklin Bank 55.00 1835 V.F. 5.00
40. Franklin Bank 510.00 1836 V.F. 4.50
41. Franklin Bank $2.00 1835 Fine 7.25
42. Union Bank 85.00 1863 Red Five V.F. 5.25
43. Bank of Brighton $20.00 1851 Fine 5.50
44. Holyoke Bank 85.00 1858 Canc. Fine 5.00
45. Franklin Bank 53.00 1853 Fine 8.75
40. Tradesman's Bank 83.00 1852 Fine 8.50
47. Bay State Bank $10.00 1864 Unc. 11.00
48. Railroad Bank 85.00 1857 Train Fine 7.50
49. Hadley Falls Bank 85.00 1856 V.F. 7.00
50. Adams Bank $5.00 1862 Fine 5.00
51. Holyoke Bank 81.00 1858 (ABN) Fine 6.00
52. E. Bridgewater Bank $1.25 Unsigned Fine 14.00
NEW YORK
53. Bank of New York 18- $1.00 Beehive affixed, but corners
torn Proof 50.00
54. City Trust & Bkg. Co. 81.00 1839 A.U. 8.00
55. City Trust & Bkg. Co. $2.00 1839 Unc. 8.50
56. New York Loan Cu. $10.00 1838 Unc. 7.00
57. New York Loan Co. $20.00 1838 Unc. 7.00
58. Randall Bank 18- $1.00 Left corner off Proof 50.00
59. Exchange Bank 18- $10.00 Early Proof 68.00
60. Monroe Co. Bank 10c, 15c, 25c, Colorful (3 Pcs) Unc. 22.00
61. Abram Krill, Van Hornesville 10c, 25c, 50c Unc. 20.00
02. Thomson Bros. Utica 1862 5c, 15c, 12 Pcs.) line. 10.00
63. Van de Bogert Bros. Schenectady 3c 1862 A.U. 5.00
64. Bank of Hudson $5.00 1814 Early Fine 7.00
65. D. A. Bullard, Schuylersville 10c, 50c, (2 Pcs.) Unc. 9.50
06. Watervliet Bank $5.00 1857 Fine 7.00
RHODE ISLAND
67. Farmers Exchange Bank 85.00 1808 A.U. 8.00
68. R. I. Central Bank $10.00 1855 Ship. Fine 7.00
69. Peoples Bank 18-- 85.00 Small hole at left side. One on
right & small taped tears. Train Vignette Proof 40.00
70. State Bank $5.00 18- Hope Vignette Proof 05.00
Send your order with confidence. Add postage under $5.00.
Pennsylvania residents, add 6% state tax.
Our November paper sale catalog is at the printer's. There's
something for everyone-beginner and advanced collector
alike. If you are not on our list, please advise.
DEALERS
and
COLLECTORS
Please watch for the following
North Dakota National Currency,
stolen on June 29th. I have Xerox
copies for verification. Thank
you. Phone 313-242-2850.
Series of 1902
(LARGE-SIZE)
Denomi-
Charter #
nation City #
3411 $10 Hillsboro 3248
7905
20 Hatton 4072
6743 20 Hatton 431
10496
20 Reynolds 804
11142 20 Grand Forks 1700
6286
20 Larimore 1497
10721 10 McVille 558
9754 10 Northwood 669
6225 5 Drayton 2604
5980 10 Northwood 356
Series of 1929
(SMALL-SIZE)
Charter nation
# Denomi- City Serial #
10814 $10 Buxton E000252A
10814 10 Buxton D000067A
9005
10 Sharon F000282A
7905
10 Hatton F000052A
11185
10 Petersburg F000033A
5980 10 Northwood C000060A
9754 10 Northwood B000015A
13594 5 Portland A000580 Type I I
2434 20 Bismarck A000479 Type I I
I want to buy all North Dakota Nationals.
Also want certain notes from South Dakota,
Montana, Minnesota, and Michigan.
FOR SALE: Nationals from Minnesota,
Ohio, Missouri, Illinois and Kansas.
All correspondence answered.
GLEN JORDE
BOX 572
MONROE, MICHIGAN 48161
Serial
First Charter Notes
Texas Banks
This is a unique collection of First Charter Notes on Texas Banks as it contains 21 of the 26 First Charter Notes on Texas
Banks known. Since only five other notes are known, it would be impossible for this collection to be duplicated today.
This collection will be sold in its entirety and it is a chance in a lifetime for some discriminating collector, bank, museum or
institution to add to their unique items.
The price on this extensive collection of First Charter Notes on Texas Banks can be had on request.
AUSTIN
STATE NATIONAL, $10, Fr. 420, X-F
J. G. Palm, C. Lewis Hancock, P.
DALLAS
CITY NATIONAL, $5, Fr. 404, Unc.
E. 0. Tenison, C. Guy Sumpter, V. P.
CITY NATIONAL, $5, Fr. 404, V-G
E. 0. Tenison, C. Guy Sumpter, V. P.
CITY NATIONAL, $5, Fr. 404, X-F
Paul Hurst, A-C. A. F. Hardie, P.
CITY NATIONAL, $10, Fr. 419, X-F
E. 0. Tenison, C Guy Sumpter, V. P.
CITY NATIONAL, $10, Fr. 419, V-F
E. 0. Tenison, C. Guy Sumpter, V. P.
CITY NATIONAL, $20, Fr. 434, X-F
E. 0. Tenison, C.
Guy Sumpter, V. P.
FIRST NATIONAL, $5, Fr. 401, X-F
R. V. Armstrong, C.
Jno. Hill, P.
FIRST NATIONAL, $5, Fr. 401, V-F
R. V. Armstrong, C.
Jno. Hill, P.
EL PASO
STATE NATIONAL, $5, Fr. 404, Fine
J. C. Lackland, A. C. C. R. Morehead, P.
FORT WORTH
FIRST NATIONAL, $5, Fr. 402, V-F
E. B. Harrold, C.
M. B. Loyd, P.
CITY NATIONAL, $5, Fr. 402, V-G
May Elser, C.
J. C. McCarthy, P.
TRADERS NATIONAL, $10, Fr. 420, V-F
W. R. Edrington, C. H. C. Edrington, P.
GALVESTON
FIRST NATIONAL, $10, Fr. 416, V-F
Thos. Reed, C. J. M. Brown, P.
FIRST NATIONAL, $10, Fr. 416, X-F
Jas. Findlay, A. C.
Julius Runge, P.
NATIONAL BANK OF TEXAS, $1, Fr. 380, V-F
Chas. J. Noyes, C.
M. Koppel, P.
HOUSTON
FIRST NATIONAL, $10, Fr. 412, Fine
A. Wielman, C. B. C. Shephard, P.
NATIONAL EXCHANGE BANK, $1, Fr. 382, Fine
T. L. Blanton, C.
W. J. Hutchins, P.
JEFFERSON
NATIONAL BANK OF JEFFERSON, $100, Fr. 455, Fine
J. 0. Smith, C. W. M. Harrison, P.
SAN ANGELO
CONCHO NATIONAL, $5, Fr. 405, V-F
C. H. Powell, C. Geo. E. Webb, P.
SAN ANTONIO
SAN ANTONIO NATIONAL, $1, Fr. 380, Fine
Jno. R. Brackenridge, C.
G. W. Brackenridge, P.
BAIN - BROWNLEE - ROWE
1418 Commerce Street, Dallas, Texas 75201
PHONE 214-742-8178
WILLIAM P. DONLON
United States Paper Money
And Supplies, Exclusively
S.P.M.C. NO. 74
p Ref ESSIDIA n
NUMISMRTIST:
GUI LD
•
IT'S TOPS IS THE GENERAL COMMENT!
DID YOU GET YOURS? KEEP INFORMED!
IF NOT AT YOUR DEALER'S, ORDER DIRECT
Donlon's 1970 Catalog - 2nd Edition
"United States Large Size Paper Money"
CHOICE OF TWO BINDINGS: CLOTH $4.60 ppd. REGULAR $3.10 ppd.
Autographed if requested.
FIRST EDITION 1968, now a collector's item. A few available $2.25 ppd.
DONLON'S "U. S. SMALL SIZE PAPER MONEY"
-The Little Book with the Big Impact -
CLOTH BOUND $2.60 ppd. REGULAR BINDING $1.60
Deduct 25c each book if two or more are ordered at one time
Large Stock of Paper Money Supplies
VINYL PAGES WILL FIT ANY 3 RING BINDER.
Donlon Custom-Made. Each page will safely hold 3 notes in your acetate holders.
For small size: 20 pages $6.95 50 pages $17.50 100 pages $34.50
For large size: 20 pages $8.95. 50 pages $21.50 100 pages $41.50
Note: Binders have been discontinued due to costly shippin?„ Have a few on hand
for small size pages. One FREE with orders for small size pages.
LARGE SIZE WRITE-ON ACETATE HOLDERS
75c doz. $5.95 per 100
LARGE SIZE NO-GLARE ACETATE HOLDERS
$1.50 doz. $8.95 per 100
SMALL SIZE NO-GLARE ACETATE HOLDERS $1.25 doz. $8.45 per 100
FLIP-UP ALBUMS, hold 50 to 100 notes in your acetate holders.
For small size notes $10.50 For large size $10.50
Please add 50c handling to your complete order, excepting catalogs.
N.Y.S. residents please add tax for your area.
PRICE LIST OF UNCUT SHEETS FREE. Send self addressed, stamped long envelope.
P. 0. BOX 144 UTICA, NEW YORK 13503
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