Paper Money - Vol. LXII - No. 5 - Whole #347 - Sep./Oct 2023

official journal of The Society of Paper Money Collectors How the 1914 FRN Serial #1 San Francisco Red Seals were Saved LEGENDARY COLLECTIONS | LEGENDARY RESULTS | A LEGENDARY AUCTION FIRM Recent 2023 Prices Realized from Stack?s Bowers Galleries Include Your U.S. Currency in Our November 2023 Showcase Auction ? Consign Today! Auction: November 14-17, 2023 ? Consignment Deadline: September 18, 2023 CC-34. Continental Currency. May 9, 1776. $4. PCGS Banknote Superb Gem Uncirculated 68 PPQ. Realized: $18,000 T-45. Confederate Currency. 1862 $1. PMG Gem Uncirculated 65 EPQ. Realized: $14,400 Fr. 1700. 1933 $10 Silver Certificate. PCGS Banknote Superb Gem Uncirculated 67 PPQ. Low Serial Number. Realized: $99,000 Fr. 2210-Hlgs. 1928 Light Green Seal $1000 Federal Reserve Note. St. Louis. PMG Gem Uncirculated 65 EPQ. Realized: $43,200 Fr. 2402H. 1928 $20 Gold Certificate Star Note. PMG Gem Uncirculated 65 EPQ. Realized: $38,400 Fr. 2405. 1928 $100 Gold Certificate. PMG Gem Uncirculated 66 EPQ. Realized: $192,000 Fr. 2407. 1928 $500 Gold Certificate. PMG Gem Uncirculated 65 EPQ. Realized: $216,000 Fr. 2221-K. 1934 $5000 Federal Reserve Note. Dallas. PCGS Banknote Choice Very Fine 35. Realized: $174,000 Fr. 2301mH. 1934 $5 Hawaii Emergency Star Mule Note. San Francisco. PMG Gem Uncirculated 66 EPQ. Realized: $52,800 Fr. 2200-Jdgs. 1928 Dark Green Seal $500 Federal Reserve Note. Kansas City. PMG Gem Uncirculated 65 EPQ. Realized: $43,200 Fr. 2201-A. 1934 Dark Green Seal $500 Federal Reserve Note. Boston. PCGS Banknote Superb Gem Uncirculated 68 PPQ. Realized: $48,000 Fr. 2. 1861 $5 Demand Note. PMG Gem Uncirculated 65 EPQ. Realized: $408,000 Contact Us for More Information Today! West Coast: 800.458.4646 ? East Coast: 800.566.2580 ? Consign@StacksBowers.com America?s Oldest and Most Accomplished Rare Coin Auctioneer 1550 Scenic Ave., Ste. 150, Costa Mesa, CA 92626 ? 949.253.0916 ? Info@StacksBowers.com 470 Park Ave., New York, NY 10022 ? 212.582.2580 ? NYC@stacksbowers.com 84 State St. (at 22 Merchants Row), Boston, MA 02109 ? 617.843.8343 ? Boston@StacksBowers.com 1735 Market St. (18th & JFK Blvd.), Philadelphia, PA 19103 ? 267.609.1804 ? Philly@StacksBowers.com Info@StacksBowers.com ? StacksBowers.com California ? New York ? Boston ? Philadelphia ? New Hampshire ? Oklahoma ? Virginia Hong Kong ? Paris ? Vancouver SBG CDNGreensheet Nov2023 PR Consign 230901 a_oM_om            W?????&??????????? ??? ^??????? ?????????>????d?????????????????K???????D????? 32%R[6DQ$QWRQLR7;SLHUUHIULFNH#EX\YLQWDJHPRQH\FRPZZZEX\YLQWDJHPRQH\FRP $QGPDQ\PRUH&6$8QLRQDQG2EVROHWH%DQN1RWHV IRU VDOH UDQJLQJ IURPWRILYHILJXUHV 320 Plate Letters on Large Size NBNs--Peter Huntoon 337 How the 1914 FRN Serial #1 Red Seals Were Saved--Lee Lofthus 344 High Serial Discovery--Peter Huntoon 346 The Fate of Baugh's Cotton Mill in alabama--Bill Gunther & Charles Derby 350 4th Issue Treasury Seal Plate Proof Sheets--Jerry Fochtman & Rick Melamed 357 Neither Chit nor Chizzler--Terry Bryan 361 Altered 4th Printing Chemicograph Backs--Peter Bertram 363 Book Review--Frank Clark 366 A Case of Mistaken Identity--Tony Chibbaro 379 Montgomery Ward Catalog & U.S. Postal Notes Tame the Wild West--Bob Laub 385 UNESCO-Angola--Roland Rollins SPMC.org * Paper Money * Sept/Oct 2023 * Whole No. 347 315 Columns Advertisers SPMC Hall of Fame The SPMC Hall of Fame recognizes and honors those individuals who have made a lasting contribution to the society over the span of many years.? Charles Affleck Walter Allan Doug Ball Hank Bieciuk Joseph Boling F.C.C. Boyd Michael Crabb Forrest Daniel Martin Delger William Donlon Roger Durand C. John Ferreri Milt Friedberg Robert Friedberg Len Glazer Nathan Gold Nathan Goldstein James Haxby John Herzog Gene Hessler John Hickman William Higgins Ruth Hill Peter Huntoon Glenn Jackson Don Kelly Lyn Knight Chet Krause Allen Mincho Clifford Mishler Barbara Mueller Judith Murphy Dean Oakes Chuck O?Donnell Roy Pennell Albert Pick Fred Reed Matt Rothert John Rowe III Herb & Martha Schingoethe Hugh Shull Glenn Smedley Raphael Thian Daniel Valentine Louis Van Belkum George Wait D.C. Wismer From Your President Editor Sez New Members Uncoupled Cherry Pickers Corner Quartermaster Obsolete Corner Chump Change Small Notes Robert Vandevender 317 Benny Bolin 318 Frank Clark 319 Joe Boling & Fred Schwan 368 Robert Calderman 372 Michael McNeil 374 Robert Gill 376 Loren Gatch 378 Jamie Yakes 382 Stacks Bowers IFC Pierre Fricke 315 FCCB 335 DBR Currency 335 Higgins Museum 335 PCGS-C 336 Fred Bart 343 Confederate Book 343 Bob Laub 343 Greysheet 345 Tom Denly 345 Lyn Knight 355 Kagins 360 ANA 386 PCDA IBC Heritage Auctions OBC Fred Schwan Neil Shafer SPMC.org * Paper Money * Sept/Oct 2023 * Whole No. 347 316 Officers & Appointees ELECTED OFFICERS PRESIDENT Robert Vandevender II rvpaperman@aol.com VICE-PRES/SEC'Y Robert Calderman gacoins@earthlink.net TREASURER Robert Moon robertmoon@aol.com BOARD OF GOVERNORS APPOINTEES PUBLISHER-EDITOR Benny Bolin smcbb@sbcglobal.net ADVERTISING MANAGER Wendell Wolka purduenut@aol.com Megan Reginnitter mreginnitter@iowafirm.com LIBRARIAN Jeff Brueggeman MEMBERSHIP DIRECTOR Frank Clark frank_clark@yahoo.com IMMEDIATE PAST PRESIDENT Shawn Hewitt WISMER BOOk PROJECT COORDINATOR Pierre Fricke From Your President Robert Vandevender II 2IILFHUV $SSRLQWHHV (/(&7('2)),&(56 35(6,'(17?6KDZQ+HZLWW VKDZQ#VKDZQKHZLWWFRP 9,&(35(6,'(17? 5 EHUW9DQGHYHQGHU,, UYSDSHUPDQ#DROFRP 6(&5(7$5