Paper Money - Vol. VII, No. 2 - Whole No. 26 - Spring 1968

FCCXX'X.XIZCY-ZMCY':'..CY%C-Y'IC.'Y":•CY7)CY':":Y':M.C-Y".:C..'MCY':.MC"Ye''.',CY'XT)c"--y- ? Ei Ell Ei Ei Ei Ei Eq Ei iF3 Ei E.3 i.3 Egi Ei Ei i1.3 E..] ii.3 Ei Ei VOL. 7 1.-3 Eti ii-3 k i..3 Ei Ei i-3 Ei Ei {-3 Paper listenq DEVOTED TO THE STUDY OF CURRENCY c.€ P A New Hampshire colonial counterfeit of 1742. See Forrest W. Haniel's article on Page 57. Ei 1968 Whole No. 26 No. 2 Ei i..3 Ei i}.3 OFFICIAL PUBLICATION OF COCie of Pape )itchq Collector.6 C) 1968 by The Society of Paper Money Collectors, Inc. EDUCATIONAL SERIES NOTES 1896 $1-$2-$5 Silver Certificates. "Americana" at it's Finest-Truly our Most Beautiful Issue-A MUST in every collection! $1 History Instructing Youth. Crisp New 95.00 $2 Five Females Group. Crisp New 365.00 $5 Electricity-An Allegorical Group. Crisp New 395.00 SPECIAL Crisp New Superb Set 13). In Plastic Holders 845.00 Another Set (3), AU to Crisp New ($2 in New) 645.00 VERY RARE "CUT-SHEET" Beautiful "Cut-Sheet" of 1896 $1-$2---$5 Silver Certificates 14 Notes each). The $2 and $5 Notes bear the personal Auto- graph of D. N. Morgan. This Great Rarity from the Albert A. Grinnell Collection. Please write for Price. NEBRASKA TERRITORY NOTES Beautiful Uncut Sheet, issued by Western Exchange Fire & Marine Insurance Co., of Omaha City, Nebraska-deposited by Bishop Hill Colony, Illinois, November 2, 1857. Consists of $1 $2-$3---$5 Notes. Price, only 52.50 BEAUTIFUL UNCUT SHEETS Su perk Sheets of Twelve, Crisp. Vnc. Move Up Vour Collection to "Blue Ribbon Win- ner" Status with these "Museum Showpieces." wit are in the Forefront of Today's Great Rarities. Sheets of Eighteen Prices upon request. SILVER CERTIFICATES 201- 1 $1.00 1928 201- I $1.00 1928-C 201- 5 $1.00 1928-D 201- 6 $1.00 1928-E 201- 8 $1.00 1935 201- 9 $1.00 1935-A 201-10 $1.00 1935-B 201-11 $1.00 1935-C 201-12 $1.00 1935-D 205- 1 $5.00 1934 205- 3 $5.00 1934-B 205- 4 $5.00 1934-C 205- 5 $5.00 1934-C EMERGENCY ISSUES 595.00 11201 $1.00 1935-A Hawaii Write Wanted A201 $1.00 1935-A North Africa Write 2775.00 Wanted LEGAL TENDER 495.00 450.00 101 -1 $1.00 Great Rarity-Only Seven Sheets 595.00 known Write 435.00 102-4 $2.00 1928-C 495.00 435.00 102-6 $2.00 1928-E 625.00 1250.00 102-7 $2.00 1928-F 435.00 975.00 102-8 $2.00 1928-G 395.00 575.00 105-5 $5.00 1928-D 825.00 575.01) 105-0 $5.00 1928-E 495.00 Special-1935-C $1.00 (201-11), 1928-F $2.00 (102-7) and 1928-E $5.00 (105-6). The Three Beautiful "Showpieces" Special during July -Aug. 1,285.00 $1.00 FEDERAL RESERVE SETS Last Call at these Bargain prices. Soon there will be a 1963-B Set. Now is the Time to Buy these Superb Crisp New 1963 and 1963-A Sets. Ei h r Set, last Both Sets (24) Set 2# match last 2# mulch Complete Set (12), all Districts $15.95 16.95 13.00 Complete Set "Stars," all 12 Dist. 19.95 23.50 46.00 Both Sets (48), on all, last 2# match 74.50 Single Notes, any District $1.60, Stars, each $1.90 TOM'S CURRENCY ALBUMS Unit #111-houses Complete, 1963 $1 F. R. Set. Postpaid Unit #111A-houses Complete 1963A $1 F. B. Set. Postpaid Deluxe Post Binder for above Sheets. Size 10 1/2 x 11. Postpaid 3.65 3.65 4.35 FLIP UP ALBUMS For Improved Display Albums. Capacity 50 Notes. 12.50For Large Size Currency. Postpaid 10.50For Present Size Currency. Postpaid IMPORTANT BOOKS - Postpaid Donlon's "Catalogue of Small Size Notes." 1st Edition 4.75 2nd edition $2.25, 3rd or New 4th Edition 1.10 Friedberg's "Paper Money of the United States." 6th Edition 14.00 Atwood's "U. S. & Canadian Transportation Tokens." 2nd, Latest Edition 7.50 Book Order includes our 108-page Supply Catalogue. Lists Everything Numis-Accessories and over 450 Books. WANTED-Alash a. Hawaii, :‘ 1.1.0 nu, Idaho. Nebraska. and other Territorial Nat' 1 Bank Notes. Also. A -11 nc. Jeffries -Spinner Notional. S10 Uncut Sheet (18), Etc. Send us your Want List on Large and Small Size Notes, indicating "Grade" desired. Minimum Order $5.00 (except Books). Please Add 75c for Air Postage, Registration on Orders less than $50.00. Buy "Where you get the Best for Less"-at Bebee's (where else I ! lichee's, inc. "Pronto Service" 4514 North 30th Street Phone 402-451-4765 Omaha, Nebraska 68111 Paper Menel VOL. 7 NO. 2 SECOND QUARTER 1968 WHOLE NO. 26 PUBLISHED QUARTERLY BY THE SOCIETY OF PAPER MONEY COLLECTORS Editor Barbara R. Mueller, 523 E. Linden Dr., Jefferson, Wis. 53549 Research Consultant, Obsolete Currency Mrs. C. Elizabeth Osmun 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, Ha. 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 Schedule for 1968 Advertising Publication Deadline Date Issue No. 27 Aug. 15, 1968 Sept. 15, 1968 Issue No. 28 Nov. 15, 1968 Dec. 15, 1968 CONTENTS The Donlon Code Numbering System for Large Size United States Paper Money, by William P. Donlon 39 The Madison & Indianapolis Railroad Company, by Warren S. Henderson 42 Portuguese Emergency Currency During and Following World War I, by M. Robert Talisman, M.D. 43 Standard Handbook of Modern U. S. Paper Money: A Review, by Nathan Goldstein II 45 Portraits of Presidents and Vice-Presidents on United States Currency, 1861-1929, by Howard li'. Parshall 47 Looking at Literature, by Jerome Remick 50 Supplemental List of the 1929 National Bank Note Sheets, by M. 0. Warns 51 A Matter of Dates, by Ronald Horstman 52 Bank Notes by Harrisons 52 The 8100 CSA 1864 Series II Printing Plate, by Fred Slaton, Jr. 53 By Their Numbers Ye Shall Know Them!, by Harry M. Coleman 54 Numismatics and Three Presidents: A Sequel, by Frank A. Tannewitz 55 A Colonial Counterfeit, by Forrest W. Daniel 57 Is It Georgia, Pennsylvania, West Virginia or None of Them?, by Frank F. Sprinkle ...... 60 Wanted—A Grading System for Obsolete Currency, by T. G. Harper 60 Is Paper Currency Going Out of Style?, by Raymond H. Greenleaf 61 Paper Money Forgeries Worry World Authorities 62 THE SOCIETY OF PAPER MONEY COLLECTORS. INC. Call for Annual Meeting 45 Society of Paper Money Collectors Constitution and By-Laws 46 Report of Nominating Committee 46 Blanchard Memorial Award 46 Secretary's Report 63 Cociet9 ol Paper litene9 Collectors OFFICERS President George W. Wait, Box 165, Glen Ridge, N. J. 07028 Vice-President William P. Donlon, Box 144, Utica, N. Y. 13503 Secretary Vernon L. Brown, P. 0. Box 8984, Fort Lauderdale, Fla. 33310 Treasurer 1. T. Kopicki, 5088 S. Archer Ave., Chicago, III. 60632 APPOINTEES-1967-68 Librarian Earl Hughes Attorney Ellis Edlow BOARD OF GOVERNORS-1967-68 Thomas C. Bain, William P. Donlon, Harley L. Freeman, Nathan Goldstein II, Maurice M. Gould, Warren S. Henderson, Alfred D. I loch, Richard T. Hoober, Morris Loewenstern, Charles O'Donnell, J. Roy Pennell, Jr., Matt Rothert, Glenn B. Smedley, George W. Wait M. 0. Warns. alliiiiiiiiinwintimmilliiminninininiminiiimilinimiiiinininitiiiiiiiirniimmimiliiimmulininininiinininiiiiiiiiiiiiiiimilimittE = = . = Important Notice === E= EE = E Paper Money Is A Copyrighted Publication === E=No article originally appearing in this publication, or part thereof or condensa- ==== tion of same, can be reprinted elsewhere without the express permission of the Editor. E== Although your Officers recognize the publicity value to the Society of occasional re- =_== == prints, they cannot allow indiscriminate use of the material from PAPER MONEY in ==== other publications even when condoned by the author. Therefore, authors should = 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 MONEY and our contributors.= iih i f P d == E ;51111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111117 WHOLE NO. 26 Paper Money PAGE 39 The Donlon Code Numbering System for Large Size United States Paper Money Copyright 1964, 1966 and 1968 by William P. Donlon The Donlon Code Numbering System (Cl 1964, for United States Small Size Paper Money, enthusiastically received by collectors, is now extended to include UNITED STATES LARGE SIZE PAPER MONEY. The simple code with use is readily memorized. The Code is identical with that used to identify Small Size Notes. Treasury Notes, Demand Notes, and all types of Interest Bearing Notes, are now coded. The letter "X" may be used as a prefix to designate LARGE SIZE NOTES on any series which is also issued in Small Size, or in a combined listing of Large and Small size, to quickly distinguish the Large Size Notes. TYPE AND DENOMINATION are indicated by the FIRST THREE DIGITS: FIRST DIGIT indicates the TYPE, of which there are nine Large Size: 1—UNITED STATES LEGAL TENDER NOTES 2—SILVER CERTIFICATES 3—NATIONAL BANK NOTES, including GOLD BANK NOTES 4—FEDERAL RESERVE BANK NOTES 5—FEDERAL RESERVE NOTES 6—GOLD CERTIFICATES 7—TREASURY or COIN NOTES, 1890 and 1891 8—DEMAND NOTES of 1861 9—INTEREST BEARING NOTES all Types, and REFUNDING CERTIFICATES SECOND AND THIRD DIGITS indicate the DENOMINATION: 01—ONE DOLLAR 02—TWO 1)OLLARS 05—FIVE DOLLARS 10—TEN DOLLARS 20 TWENTY DOLLARS 50—FIFTY DOLLARS 00—ONE HUNDRED DOLLARS Denominations higher than $100 are indicated as follows: 500 FIVE HUNDRED DOLLARS 1 M—ONE THOUSAND DOLLARS 5 M—FIVE THOUSAND DOLLARS 10M—TEN THOUSAND DOLLARS The SIGNATURE COMBINATION is indicated by numerals placed after the first three digits. Signature Combinations which are repeated on successive series are indicated by a suffix letter in the code numbering. Issuing District of FEDERAL RESERVE BANK NOTES and FEDERAL RE- SERVE NOTES is indicated by letters A to L. combined with the first three digits. Then follows the Signature Combination Numerals. DEMAND NOTES; Suffix letters "A," "B," "C," "H" and "N" indicate where the notes were payable. "A" BOSTON; "B" NEW YORK; "C" PHILADELPHIA; "H" ST. LOUIS; "N" CINCINNATI. Boston, New York, Philadelphia and St. Louis are indicated by the Federal Reserve letters for those Districts. Additional SUFFIX LETTER "F" indicates handwritten "for the" on the Demand Notes. Reading the Code Digits separately. as in a telephone number, will prove helpful in memorizing the Code: One-O-One U. S. Notes Legal Tender, one dollar Two-O-One Silver Certificate, one dollar Three-Ten National Currency, ten dollars PAGE 40 Paper Money WHOLE NO. 26 Four-O-Five Five-Twenty Six-0-0 Seven-Ten Eight-Twenty Nine-Fifty Federal Reserve Bank Note, five dollars Federal Reserve Note, twenty dollars Gold Certificate, one hundred dollars Treasury Note, ten dollars Demand Note, twenty dollars Interest Bearing Note, fifty dollars Cataloguers, advertisers and collectors have found numbering essential for quick reference and for double checking to prevent errors in orders, invoices and inven- tories. The Donlon Code Numbering System (C) has many advantages over an arbitrary system of consecutive numbers with no flexibility that necessitates the use of hundreds of meaningless numbers, frequently changed. Get the habit of using Code Numbering in all paper money transactions. Signature Combinations of Treasury Officials Chronologically arranged, with Code Numbers as used after 15 William S. Rosecrans Enos H. Nebeker First Three Digits in the Donlon Code Numbering System 16 William S. Rosecrans Daniel N. Morgan for Large Size United States Paper Money (C). 17 James F. Tillman Daniel N. Morgan Code No. Register of the Treasury Treasurer of the U. S. 18 19 20 James F. Tillman Blanche K. Bruce Judson W. Lyons Ellis H. Roberts Ellis 1-1. Roberts Ellis H. Roberts 1 Lucius E. Chittenden Francis E. Spinner 21 Judson W. Lyons Charles H. Treat 2 S. B. Colby Francis E. Spinner 22 William T. Vernon Charles H. Treat 3 Noah L. Jeffries Francis E. Spinner 23 William T. Vernon Lee McClung 4 John Allison Francis E. Spinner 24 James C. Napier Lee McCiung 5 John Allison John C. New 25 James C. Napier Carmi A. Thompson 6 John Allison A. U. Wyman 26 James C. Napier John Burke 7 John Allison James Gilfillan 27 Gabe E. Parker John Burke 8 Glenni W. Scofield James Gilfillan 28 Houston B. Teehee John Burke 9 Blanche K. Bruce James GiltiIlan 29 William S. Elliott John Burke 10 Blanche K. Bruce A. U. Wyman 30 William S. Elliott Frank White II Blanche K. Bruce Conrad N. Jordan 31 Harley V. Speelman Frank White 12 William S. Rosecrans Conrad N. Jordan 32 Walter 0. Woods Frank White 13 William S. Rosecrans James W. Hyatt 33 Walter 0. Woods H. T. Tate 14 William S. Rosecrans J. N. Huston 34 Edward E. Jones Walter 0. Woods Signatures on Federal Reserve Notes, large size Secretary of the Treasury 35 William G. McAdoo 36 Carter Glass Treasurer of the U. S. John Burke John Burke 37 D. F. Houston 38 A. W. Mellon John Burke Frank White United States Legal Tender Notes, Series 1862-1923 ONE DOLLAR NOTES No. Series Register Treasurer X101-I 1862 Chittenden Spinner X101-1M 1862 Chittenden Spinner ABNCO Monogram on face of note, at right 01-17 01-28 01-29 01-29 S 01-30 01-31 01-31A 880 Tillman Morgan 917 Teehee Burke 917 Elliott Burke 917 Reversed Sigs. Burke Elliott 917 Elliott White 917 Speelman White 923 Speelman White 01-4 869 Allison Spinner 01-4A 874 Allison Spinner TWO DOLLARS 01-5 875 Allison New 01-5A 875 Series A Allison New X102-1 1862 Chittenden Spinner 01-5B 875 Series B Allison New Printed by American Banknote Co. 01-5C 875 Series C Allison New X102-1N 1862 Chittenden Spinner 01-5D 875 Series D Allison New Printed by National Banknote Co. 01-5E 875 Series E Allison New X102-4 1869 Allison Spinner 01-6 875 Allison Wyman Face: National Banknote Co. Back: American 01-7 878 Allison Gilfillan Banknote Co. 01-8 880 Scofield Gilfillan X 102-4A 1874 Allison Spinner 01-9 880 Bruce Gilfillan Face: Bureau Engraving & Ptg. Back: Columbian 01-10 880 Bruce Wyman Banknote Co. 01-14R 880 Red Seal Rosecrans Huston X102-5 1875 Allison New 01-14B 880 Brown Seal Rosecrans Huston X102-5A 1875 Series A Allison New 01-15B 880 Brown Seai Rosecrans Nebeker X102-5B 1875 Series B Allison New 01-15R 880 Red Seal Rosecrans Nebeker X102-6 1875 Allison Wyman WHOLE NO. 26 Paper Money PAGE 41 X 02-7 878 Allison Gilfillan 10-10R 880 Red Seal Bruce Wyman X 02-8R. 878 Red Seal Scofield Gilfillan 10-12 880 Rosecrans Jordan X 02-8B 880 Brown Seal Scofield Gilfillan 10-13R 880 Red Seal Rosecrans Hyatt X 02-9 880 Bruce Gilfillan 10-13SP 880 Red Spikes Rosecrans Hyatt X 02-10 880 Bruce Wyman 10-14SP 880 Red Spikes Rosecrans Huston X 02-I4R 880 Red Seal Rosecrans Huston 10-14B 880 Brown Seal Rosecrans Huston X 02-14B 880 Brown Seal Rosecrans Huston 10-15B 880 Brown Seal Rosecrans Nebeker 02-15 880 Rosecrans Nebeker 10-15R 880 Red Seal Rosecrans Nebeker 02-17 880 Tillman Morgan 10-17 880 Tillman Morgan 02-28 917 Teehee Burke 10-19 880 Bruce Roberts 02-29 917 Elliott Burke 10-20 880 Lyons Roberts 02-30 917 Elliott White 10-20A 901 Lyons Roberts 02-31 917 Speelman White 10-21 901 Lyons Treat 10-22 901 Vernon Treat Note: Prefix letter "X" designating Large Size Notes may be 10-23 901 Vernon McClung omitted when text or listing is known to cover Large Size Notes 10-24 901 Napier McClung only. 10-27 901 Parker Burke 10-28 901 Teehee Burke FIVE DOLLARS 10-30 901 Elliott White X 105.1T34 1862 Chittenden Spinner Type One inscription on back. Printed by Ameri- 10-31 10-31A 901 Speelman White 923 Speelman White can Banknote Co. TWENTY DOLLARS X105-1Ty2 1862 Chittenden Spinner X X X X X X X X X X X X X X105-1A1 05-IA2 05-4 05-5 05-5A 05-5B 05-6 05-7 05-8 05-9 05-10B 05-10R 05-12 05-13 05-14R 05-14B 05-15B 05-15R 05-17 05-19 05-20 05-22 05-23 05-24 05-25 05-27 Type Two inscription on back. Printed by Na- tional Banknote Co. 1863 Chittenden Spinner One serial number, upper right. Type two inscrip- tion on back. 863 Chittenden Spinner Two serial numbers. 869 Allison Spinner 875 Allison New 875 Series A Allison New 875 Series B Allison New 875 Allison Wyman 878 Allison Gilfillan 880 Scofield Gilfillan 880 Bruce Gilfillan 880 Brown Seal Bruce Wyman 880 Red Seal Bruce Wyman 880 Rosecrans Jordan 880 Rosecrans Hyatt 880 Red Seal Rosecrans Huston 880 Brown Seal Rosecrans Huston 680 Brown Seal Rosecrans Nebeker 880 Red Seal Rosecrans Nebeker 880 Tillman Morgan 880 Bruce Roberts 880 Lyons Roberts 907 Vernon Treat 907 Vernon McClung 907 Napier McClung 907 Napier Thompson 907 Parker Burke 120-1 120-1 120-1A1 Tyl 1862 Ty2 1862 20-1A2 1863 20-4 20-5 20-7 20-8 20-9 20-10B 20-10R 20-12 20-13R 20-13 SP 2044 SP 20-14B 20-15B 20-15R 20-17 20-19 20-20 20-22 20-23 20-28 20-29 1863 Chittenden Spinner Type One inscription on back. Chittenden Spinner Type Two inscription on back. Chittenden Spinner One serial number, up per right. Type Two inscrip- tion on back. Chittenden Spinner Two serial numbers. 869 Allison Spinner 875 Allison New 878 Allison Gilfillan 880 Scofield Gilfillan 880 Bruce Gilfillan 880 Brown Seal Bruce Wyman 880 Red Seal Bruce Wyman 880 Rosecrans Jordan 880 Red Seal Rosecrans Hyatt 880 Red Spikes Rosecrans Hyatt 880 Red Spikes Rosecrans Huston 880 Brown Seal Rosecrans Huston 880 Brown Seal Rosecrans Nebeker 880 Red Seal Rosecrans Nebeker 880 Tillman Morgan 880 Bruce Roberts 880 Lyons Roberts 880 Vernon Treat 880 Vernon McClung 880 Teehee Burke 880 Elliott Burke 05-28 907 Teehee Burke Note: No Legal Tender Notes, $20 denomination, were issued 05-29 907 Elliott Burke after Series 1880 (120-29). 05-30 907 Elliott White 105-31 907 Speelman White FIFTY DOLLARS 105-32 907 Woods White 150-1 Ty I 1862 Chittenden Spinner TEN DOLLARS Type One inscription on back. 150-1 Ty2 1862 Chittenden Spinner 110-1 Tyl 1862 Chittenden Spinner Type Two inscription on back. Type One inscription on back. Printed by Ameri- 15041A1 1863 Chittenden Spinner can Banknote Co. One serial number, upper right. Type Two inscrip- 110-1 Ty2 1862 Chittenden Spinner tion on back. Type Two inscription on back. Printed by Ameri- 50-1A2 1863 Chittenden Spinner can Banknote Co. Two serial numbers. 110-IA1 1863 Chittenden Spinner 50-4 869 Allison Spinner One serial number, upper right. Type two inscrip- tion on back. 50-4A 50-6 874 Allison Spinner 875 Allison Wyman 10-IA2 1863 Chittenden Spinner 50-7 878 Allison Gilfillan Two serial numbers. 50-9 880 Bruce Gilfillan 10-4 1869 Allison Spinner 50-10 880 Bruce Wyman 10-5 1875 Allison New 50-12 880 Rosecrans Jordan 10-5A 1875 Series A Allison New 50-13R 880 Red Seal Rosecrans Hyatt 10-7 1878 Allison Gilfillan 50-13S'P 880 Red Spikes Rosecrans Hyatt 10-8 1880 Scofield Gilfillan 50-I4SP 880 Red Spikes Rosecrans Huston 10-9 1880 Bruce Gilfillan 50-14B 880 Brown Seal Rosecrans Huston 10-10B 1880 Brown Seal Bruce Wyman 50-17 880 Tillman Morgan ..1/ A .. 46C //7e 4/4 1 ; /117 ///1////i e///7 1/,/,, V Sere 1, IA 111. PAGE 42 Paper Money WHOLE NO. 26 150-19 1880 Bruce Roberts 00-9 880 Bruce Gilfillan 150-20 1880 Lyons Roberts 00-10 880 Bruce Wyman 00-12 880 Rosecrans Jordan Note: No Legal Tender Notes, $50 denomination, were issued 00-13R 880 Red Seal Rosecrans Hyatt after Series 1880 (150-20). 00-I3SP 880 Red Spikes Rosecrans Hyatt ONE HUNDRED DOLLARS 00-14SP 8E0 Red Spikes Rosecrans lluston 00-14B S80 Brown Seal Rosecrans Huston 100-1 Ty 1 1862 Chittenden Spinner 00-17 880 Tillman Morgan Type One inscription on back. Printed by Ameri- 00-19 880 Bruce Roberts can and National Banknote Cos. 00-20 880 Lyons Roberts 100-I Ty 2 1862 Chittenden Spinner (0-24 880 Napier McClung Type Two inscription on back. Printed by Na- tional Banknote Co. 100-1 A 1 1863 Chittenden Spinner Type Two inscription on hack. Printed by Na- tional Banknote Co. One serial number at lower right. 100-4 1869 Allison Spinner 100-5 1875 Allison New Above possibly not printed. 100-5A 1875 Series A Allison New 100-6 1875 Allison Wyman 100-7 1875 Allison Gillillan Note: No Legal Tender Notes, $10',) denomination, were issued after Series 1880 (100-24). (The above is a sampling of the actual numbering sys- tem which is now complete and copyrighted for all large size issues of U. S. paper money. The Donlon Code Numbering for U. S. small size notes now almost univer- sally used by collectors was first published in PAPER MONEY.) The Madison & Indianapolis Railroad Company By Warren S. Henderson Pictured here is a five dollar note issued by the Madi- son & Indianapolis Railroad Company bearing the date March 8, 1844. It bears the signature of the first presi- dent of Indiana's first railroad. The note is highly decorated, showing a picture of an early locomotive, and it bears the signature of G. H. Dunn, Treasurer of the State of Indiana at that time. The principal office of the company was at Columbus. The currency was issued upon authority of the Indiana General Assembly. The signature of that first president, Nathan B. Palmer, is dis- tinguishable on the note as is that of Mr. John Roberts. secretary of the corporation. The year the note was issued corresponds to the period in the history of Indiana's first railroad when it was being built from Vernon to Indianapolis by a private corporation. Construction of the railroad began in 1836 under a charter issued by the state in 1832. After four years of attempting to lay a level railroad bed through the hills near Madison and an expenditure of approximately $1,900,000 on the enterprise, the state owned a railroad 20 miles long, extending only to Vernon, when it had been expected that a railroad extending not only to In- dianapolis but to LaFayette as well could be built for $1,300,000. In 1841, the state withdrew its subsidy for construc- tion of the first railroad, also abandoning an expensive "internal improvements" plan involving a network of highways and canals in the face of bankruptcy. Only through the issuance of notes obtained by real assets, such as the rare one pictured, was it possible for the railroad started from Madison to finally reach Indian- apolis on October 1, 1847. The note was engraved and sold by the firm of Rawdon. Wright and Hatch through their Cincinnati western office. WHOLE NO. 26 Paper Money PAGE 43 Portuguese Emergency Currency During And Following World War I By M. Robert Talisman, M.D. Rarity of any numismatic item is obviously reflected in its absence in most collections and, perhaps, in a feeling of "sour grapes" and rejection by the unsuccess- ful seekers. But rarity alone should not produce a back- lash that suppresses the acquisition of knowledge. With the continuing increase in attention to foreign paper money, new fields are constantly being explored. The revival of interest in the "notgeld" or emergency money of Germany issued during the World War I period and its aftermath prompts the reminder that the equiva- lent of this emergency measure was duplicated in a great many of the countries of Europe. The issues of France. Belgium and Austria are well known (although not cataloged in English) ; less well known are those of other European nations. Portugal, abiding by her pre-war alliance, sided with England in 1914, and her forces faced the Germans in Angola and Mozambique. The subsequent years saw the seizure of German ships in Portuguese harbors and action of her ground forces on the western front in Europe. As happened (and continues to happen) in all people undergoing economic unrest, the financial picture in Portugal was classic—"good" money was hoarded. With the developing shortage of small metallic change for ordinary day-to-day life, a substitute was sought for and found in the local issuing of paper currency in one to ten centavo denominations. These notes were largely authorized by the local Municipal Chamber (or town council), although others were issued by local commer- cial associations, commercial and industrial associations, or charitable organizations. A search of the English literature available has failed to elicit any specific information about this field of emergency currency. Sten 1 in the first edition of his excellent catalog merely records the existence of emer- gency notes in the years 1916 to 1922. Loeb 2 lists a single note from Lisbon for the year 1917. Slabaugh 3 in his now out-of-print book states that the war and the insurrections by pro-German Portuguese generals, to- gether with political corruption, inefficiency and over- expansion of governmental employees, markedly weak- ened the failing economy; he mentions that 2,000 varieties of paper emergency notes were issued and continued to be used for several years after the termina- tion of the war. All of these, he further states, are scarce or rare. This latter statement is certainly true. In an effort to further my own store of information and to make easier the study of any others interested in this phase of numismatics, a review of my own collection (and this frankly, is meager) and of the available Ger- man literature yields the following check lists, which without doubt are far from complete. Any additions and corrections would be greatly appreciated and wel- comed by myself and all other collectors. NOTE: When a note is marked "2nd Printing" or "Series III," we assume that prior issues have been authorized but may not have been reported. ABRANTES—Camara Municipal no date of issue—good until December 31, 1920 1, 2, 4 centavos ALPIARCA—Camara Municipal May 1, 1920 1, 2 centavos AZAMBUJA—Camara Municipal January 28, 1920 1 centavo BARCELLOS—Banco de September 30, 1918 5 centavos BARQU1NHA—Camara Municipal 1920 1, 2 centavos 1921 1, 2, 3, 4 centavos BRAGA—Camara Municipal February 14, 1920 1 centavo BRAGANCA—Camara Municipal no date of issue I, 2 centavos CADAVAL—Camara Municipal no date of issue 2 centavos CALDAS da RAINHA—Camara Municipal August 1920 I, 2 centavos November 1920 2 centavos CALDAS da RAINHA—Associacao Comercial e Industrial no date of issue 5 centavos CASTELO de VIDE—Camara Municipal August 25, 1919 SERIES II. 2 centavos CEZIMBRA—Camara Municipal January 2, 1920 1 centavo CHAMUSCA—Misericordia April 1, 1920 1, 2, 3 centavos CO1M BRA—Camara Municipal 1920 1, 2 centavos August 2, 1921 5, 10 centavos CONSTANCIA—Camara Municipal January 2, 1920 1 centavo no date of issue—good until December 31, 1921 1 centavo CONSTANCIA—Misericordia no date of issue 3 centavos CORUCHE--Camara Municipal no date of issue 1, 2 centavos Paper Money WHOLE NO. 26PACE 44 Q461 MATOSINHOS—Camara Municipal no date of issue 1, 2, 4 centavos MONCAO—Camara Municipal no date of issue 1, 2 centavos MONTEMOR-O-NOVO—Associacao Comercial no date of issue 1, 2 centavos MONTEMOR-O-VELHO—Camara Municipal no date of issue 1, 2 centavos N ISA—Camara Municipal no date of issue—good until July 31, 1921 1, 2 centavos same with "NIZA" 1, 2 centavos OLIVE! RA do HOSPITAL—Camara Municipal no date of issue 1, 2 centavos PANAFI EL—Camara Municipal no date of issue 10 centavos PENICHE—Camara Municipal February 21, 1920 1 centavo PORTALEGRE—Camara Municipal no date of issue 1 centavo 2nd Series. 1, 2 centavos PORTO—Companhia Carris de Ferro no date of issue 3 centavos SABUGAL—Camara Municipal no date of issue 1, 2 centavos SALVATERRA de MAGOS—Camara Municipal no date of issue 2 centavos SANTAREM—Camara Municipal no date of issue ELVAS—Albergue e Azylo Elvenses no date of issue B. 2 centavos ESPINHO—Associacao Comerzial e Industrial January 1921 4 centavos FARO—Camara Municipal March 18, 1920 1 centavo FIGUEIRA da FEZ—Associacao Comercial no date of issue I, 2 centavos FUNDAO—Camara Municipal August I, 1920 A. 2 centavos GOLEGA—Junta da Frequezia June 10, 1920 B. 2 centavos October 14, 1920 A. 1, 2 centavos July 6, 1921 Series D. 3, 4 centavos LAGOS—Camara Municipal April 21, 1920 1 centavo LEI RA—Associacao Comercial no date of issue 1, 2 centavos LISBON—Santo Casa da Misericordia August 15, 1917 5 centavos LOUZADA—Camara Municipal no date of is sue 1, 2, 4 centavos MAFRA—Camara Municipal September 15, 1920 1, 2 centavos MANGUALDE—Camara Municipal September 1, 1920 1 centavo !N'eA-tir of V @MARA MUNICIPALDEPtrona +.4 r- CENTAVOS 10ciOZWA-V',P CENTAVOS 4.,;'(,,- T Ablommil■ Paper Money PAGE 45WHOLE NO. 26 ims■p I, 2, 2 centavos—the last mo different designs SANTO TIRSO—Camara Municipal no date of issue I, 2, 4, 10 centavos SlilXAL—Camara Municipal no date of issue 1, 3 centavos SETUBAL—Camara Municipal December 24, 1919 I centavo SOUZEL—Camara Municipal no date of issue 3rd Series. 2 centavos TOMAR—Camara Municipal February 2, 1020—good until November 31, 1920 I, 3 centavos Standard Handbook of Modern U. S. Paper Money The new Standard Handbook of Modern U. S. Paper Money, authored by a very knowledgeable trio. Leon .1. Goodman. Jr., John L. Schwartz, and Chuck O'Donnell. is one of the most important catalogs to appear. It is apparent from even a casual glance the tremendous amount of effort, time, and research that was lovingly poured in between the covers. The catalog covers a wide array of small-sized paper money. and with the exception of the Federal Reserve series is pretty well all-inclusive. "Block" collecting has become a large segment of our paper field, and while it is not new to the scene, this catalog represents the first attempt to correlate a great deal of information, mis- information, and assumptions. Certain combinations of serial number prefixes and suffixes were "thought" to be hard to locate, or scarce. This book affixes a real value to these "block" numbers and allows even the unknowing a chance to profit from lucky finds. While this catalog does not take the place of the Don- lon. Shafer, or Kemm books, it is a very important sup- plement. For example, how many of us were aware that a $1 Silver Certificate, Series 1935F, with a serial num- ber starting B 71- J had a value of $150 in VG/F con- dition, and $200 in CU. While only 340,000 of them were printed, very few were noticed while in circulation and the number saved was extremely small. There are a great many other surprises in the book, so it is a most necessary addition to the library of any paper collector. This very informative 54-page book, complete with numerous illustrations sells for a modest one dollar; it TORRES NOVAS—Misericordia no date of issue A. I, 2 centavos B. I, 2 centavos 10 centavos TOR R ES V EDRAS—Camara Municipal August I, 1920 1, 2 centavos TRANCOZO—Camara Municipal 1920 1, 2, 4 centavos VALENCA—Camara Municipal no date of issue I, 2 centavos VFNDAS NOVENSE—Associacao de Socorros Mutuos no date of issue I, 2, 3, 4 centavos VILA de REI—Camara Municipal no date of issue—good until July 31, 1921 2 centavos VILA do CONDE—Camara Municipal June 20, 1921 1, 2, 5, 10 centavos VILA NOVA de FAMALICAO—Camara Municipal no date of issue 5, 10 centavos REFERENCES I. Sten, George J., Encyclopedia of World Paper Money, 1st Edition, 1965. Universal Publishing Co. 2. Loeb, Dr. Walter M.. Catalog of Paper Money Around the World. Universal Publishing Co. 3. Slabaugh, .Arlie R., Emergency Monies of the World, 1014- 192'4. Spotlite Publications. Das Notgeld, Munich. Germany. Vol. 3: pages 86, 113, 146, 185, 299, 375; 1921. Vol. 4: pages 9, 155; 1922. is the bargain of the year. We owe a great debt to these three collectors for affording us with the chance to become aware or the potentials of our collection. NATHAN GOLDSTEIN II Call for Annual Meeting The Society of Paper Money Collectors. Inc., will hold its eighth Annual Meeting on August 23. 1968. in the Hotel Cortez at San Diego. California. As required in our By-laws, it is being held in conjunction with the Annual Convention of the American Numismatic Association. We have an agreement with the Token and Medal Society whereby we alternate in having dinner or lunch- eon meetings. Since we had a dinner meeting last year in Miami. it is our turn for a luncheon meeting at San Diego. Our luncheon is scheduled for 12 o'clock noon. in the Don Room. Six members of the Board of Governors will be elected ( please see further details of this elsewhere in this issue) and there It ill be some other business items on the agenda, but the meeting will be largely a social occasion for the paper money collectors. There will be a business meeting of the newly elected Board immediately following the dinner. The Society has reserved a hospitality room at the hotel where we can meet our collecting friends. This room will be available to all members, Tuesday through Saturday, inclusive. Information as to its location will be posted on the bulletin board or can be obtained from officers of the Society or from the information service of the hotel. PAGE 46 Paper Money WHOLE NO. 26 Tickets for the luncheon may be obtained at San Diego from officers of the Society or from bourse dealers in paper money. The complete luncheon cost will be about $4, a modest sum in these inflationary times. Informa- tion may be obtained from our Chairman of Arrange- ments, Mr. Raymond S. Toy, 1225 North 3rd, El Cajon, California 92021. Please plan to attend! GEORGE W. WAIT, President, SPMC. Society of Paper. Money Collectors Constitution and By-Laws ARTICLE III (as amended February 19681 Officers - Governors - Executive Board The Society shall have a president, vice president, a secretary, a treasurer, an Immediate Past Presi- dent, and a 15-member Board of Governors. The officers and Board of Governors shall consti- tute the Executive Board who shall manage, operate and conduct the affairs of the Society. A total of 15 members of the Board shall he elected from the membership-at-large by a majority vote of society members in attendance at the annual meeting of the Society. a. The president shall appoint a nominating com- mittee of 3 members who shall submit to the members at the annual meeting the nominees to be elected to fill the vacancies existing in the Board of Governors: the membership shall be notified of these nominations at least 30 days prior to the annual meeting. Any additional nominations may be made by written petition signed by 10 members in good standing and delivered to the secretary at least 10 days prior to the annual meeting. The President, Vice-President, Secretary and Treas- urer shall be elected by the Board of Governors from among its own members or from the mem- bership-at-large. The officers and the Board of Governors shall have the usual duties delegated to their respective of- ficers to conduct the affairs of the Society and shall serve without compensations, except as may be authorized by the Executive Board. Officers shall be elected for a period of two years. Members of the Board of Governors shall serve for three years. In order to provide for a con- tinued personnel carry-over in the administration of the Society, elections to the Board of Gov- ernors shall be staggered, five members being elected each year. except that during the period of change- over from 2 to 3 year terms, elections will he as follows : 1968-5 members will he elected for 2 years and 1 member for 3 years 1969-4 members will be elected for 2 years and 5 members for 3 years All officers and governors must be members of good standing in the Society and shall hold office until their successors take office. All officers and board members may be reelected. The President shall preside at all meetings and generally supervise all matters of business, or of interest to the Society. In the absence of the President at any meeting, the next highest officer present shall preside. Report of Nominating Committee In accordance with revised Article III of the By-Laws of this Society, this Committee nominates the following to serve as members of the Board of Governors for the terms indicated: Three year term Glenn B. Smedley Two year terms Harley L. Freeman Nathan Goldstein II Maurice M. Gould Alfred D. Hoch John H. Morris Other nominations may be made as provided by the By-Laws. Election will take place at our Annual Meeting to be held at San Diego on August 23, 1968. THOMAS C. BAIN Chairman, Nominating Committee Blanchard Memorial Award Charles F. Blanchard 4401) is establishing an annual award in memory of his uncle, the late Dr. Julian Blanchard (0) well-known paper money collector, Vice- President of The Society of Paper Money Collectors and President of The Essay-Proof Society. Under the terms of the agreement, Charles Blanchard will turn over a sum of money to the Society to be kept in a special account. The income from this fund is to be used to provide an annual award as an incentive for exhibits in these fields in which Dr. Blanchard was most interested: I a) Proof notes b I Tie-in of stamps and paper money ( c) Matching vignettes on paper money with other vignettes, such as on mounted die proofs, patri- otic envelopes, etc. The award will be given for the best exhibit in any of the above categories at the ANA Convention. The ma- terial exhibited may consist of any paper money, Ameri- can or foreign. The winning exhibit will be selected by the Awards Committee of the Society of Paper Money Collectors and the award will he presented at the Annual Meeting. WARNING! Paul E. Garland has advised that unmarked reproduc- tions of the Bank of East Tennessee notes are being offered in uncut sheets. Collectors are advised to be on the lookout for these sheets, as some have been offered as genuine. J. ROY PENNELL, JR. Section I. Section 2. Section 3. Section 4. Section 5. Section 6. Section 7. Section S. WHOLE NO. 26 Paper Money PAGE 47 Portraits of Presidents and Vice-Presidents on United States Currency, 1861-1929 By Howard W. Parshall The portraits of 12 Presidents and ont Vice-President of the United States appear on our currency between the first year of its printing in 1861 and the introduction of the new smaller size notes on July 10, 1929. For this study, all types, denominations, and series of currency are examined, with the exception of the Compound In- terest Treasury Notes and Fractional Currency. Portraits of Presidents appear on every type of cur- rency except the Treasury or Coin Notes of 1890 and 1891 and the National Bank Notes of the First Charter Period (1863-1882). They appear on every denomina- tion from $1 to $10,000 with the exception of the $1,000 notes. The only living President to have his portrait on our currency was Abraham Lincoln. It appeared on the $10 Demand Notes of 1861 and the $10 Legal Tender Notes of 1862 and 1863. The portraits of four Presidents and one Vice-Presi- dent appeared on our currency for the first time the year following their deaths. James A. Garfield was shot on July 2, 1881, his first year in office, and died on September 19, 1881. His portrait appeared on the $5 National Bank Notes of 1882 and the $20 Gold Certificates of 1882. Ulysses S. Grant died on July 23, 1885. His portrait appeared on the first $5 Silver Certificates. These were issued the following year as the Series of 1886. Benjamin Harrison died March 13, 1901. His portrait appeared on the $5 National Bank Notes of the Third Charter Period which were issued the following year as the Series of 1902. William McKinley was shot on September 6, 1901, and died on September 14, 1901. His portrait appeared on the $10 National Bank Notes of the Third Charter Period which were issued the following year as the Series of 1902. Vice-President Thomas A. Hendricks died in 1885 after serving for eight months under Grover Cleveland. His portrait appeared on the $10 Silver Certificates which were issued the following year as the Series of 1886. PORTRAITS GEORGE WASHINGTON 1789-1797 The same portrait is used on each type, denomination, and series of currency on which he appears. However, in 10 series (1869, 1874, 1875, 1878, 1880, 1896, 1905, 1906, 1917, and 1922) he faces left; in four series (1882, 1899, 1918, and 1923) he faces right. He appears on five types (Legal Tender Notes, Silver Certificates, National Bank Notes (back), Federal Re- serve Notes, and Gold Certificates), four denominations ($1, $2, $5, and $20), and 14 series of currency. THOMAS JEFFERSON 1801-1809 He appears on two types (Legal Tender Notes and Federal Reserve Bank Notes), one denomination ($2), and seven series of currency (1869, 1874, 1875, 1878, 1880, 1917, and 1918). JAMES MADISON 1809-1817 The same portrait is used on each type and series of currency on which he appears. He appears on three types (Legal Tender Notes, Fed- eral Reserve Notes, and Gold Certificates), one denomi- nation ($5,000), and four series of currency (1878, 1882, 1888, and 1918). JAMES MONROE 1817-1825 He appears on one type (Silver Certificates), one denomination ($100), and three series of currency (1878, . 1880 Certificates of Deposit, and 1891). JOHN QUINCY ADAMS 1825-1829 He appears on one type (Legal Tender Notes), one denomination ($500), and one series of currency (1869). ANDREW JACKSON 1829-1837 The same portrait is used on each type, denomination, and series of currency on which he appears. He appears on four types (Legal Tender Notes, Fed- eral Reserve Bank Notes, Federal Reserve Notes, and Gold Certificates), three denominations ($5, $10, and $10,000), and 12 series of currency (1869, 1875, 1878, 1880, 1882, 1888, 1900, 1907, 1914, 1915, 1918, and 1923). He is the only President to appear on two denomina- tions ($5 and $10,000) of the same type (Legal Tender Notes) of the same series (1878). No other President appears on three denominations of the same type currency (Legal Tender Notes). 11,1111111t 17111■.4•IIIN ar .X.i IOC NIT* 'X zssnu 1.1K11).1Gaill1,11L Mt 1C. ' -7 Ttiu UNITICII STATEN 01, .11611 WNW.% G -7 G751932A MEIN:01S 11.1.1..-11V TO 'CMS .11.641141, It ON 014.14.t."01, irAtc.“ iI Ai1i u i OICI ova D l L HS al Paper MoneyPAGE 48 WHOLE NO. 26 One dollar Silver Certificate, reverse of Educational Note, portraits of George and Martha Washington Two dollar Federal Reserve Bank Note, Series of 1918, portrait of Jefferson Five dollar United States Note, Series of 1907, portrait of Jackson ABRAHAM LINCOLN 1861-1865 Three portraits of Lincoln are used on our currency. The first appears on the Demand Notes of 1861 and Legal Tender Notes of 1862 and 1863. The second appears on all other notes except the Gold Certificates of 1882 and 1922. He appears on six types (Demand Notes, Legal Tender Notes, Silver Certificates, Federal Reserve Bank Notes. Federal Reserve Notes, and Gold Certificates), five de- nominations ($1, $5, $10, $100, and $500), and 14 series of currency (1861, 1862, 1863, 1869, 1875, 1878, 1880, 1882, 1899, 1914, 1915, 1918, 1922, and 1923). His portrait appears on more types of currency than any other President. ULYSSES S. GRANT 1869-1877 The same portrait is used on each type, denomination, and series of currency on which he appears. In the 1899 Series he faces left, on all others he faces right. Paper MoneyWHOLE NO. 26 PAGE 49 csrmi. ■•■«61 .--;11t4ii■VAWilb*4.j..•-• SWITIOW A73022049.- IV "mu 5161 0$410*-- AL-901*m. E'{ :sitlrucx loaozaer, s -f.T. N97571 et NI CXCI 1A:4F: tNi■ yaLkillus.0 r . S IrrysDpixi, \Tim I //M./ 1/ I . ifiet AA .CrAZ,O,' Five dollar National Bank Note, Second Charter Period, portrait of Garfield Wilt a a ail La :a ■a*ara ata .8w4 wairrc 'put% trzwilig $004:43..sp‘', totiAmig two, K411146EA K I I- K K4111468A IlsirilaarPRWIttik ivii`..mants semis; aaatimooicsimac, liairwirat One dollar Silver Certificate, Series of 1899, portraits of Lincoln and Grant Twenty dollar Federal Reserve Note, Series of 1914, portrait of Cleveland He appears on four types (Silver Certificates, Federal Reserve Bank Notes, Federal Reserve Notes, and Gold Certificates), three denominations ($1, $5, and $50), and eight series of currency (1886, 1891, 1896 (back), 1899, 1913, 1914, 1918, and 1922). JAMES A. GARFIELD 1881 Different portraits are used on the two types of cur- rency (National Bank Notes and Gold Certificates) on which he appears. He appears on two denominations ($5 and $20), and one series of currency (1882). GROVER CLEVELAND 1885-1889 and 1893-1897 He appears on two types (Federal Reserve Bank Notes and Federal Reserve Notes), one denomination ($20), and three series of currency (1914, 1915, and 1918). BENJAMIN HARRISON 1889-1893 He appears on one type (National Bank Notes), one denomination ($5), and one series of currency (1902). WILLIAM MCKINLEY 1897-1901 Paper Money WHOLE NO. 26PAGE 50 He appears on one type (National Bank Notes), one denomination ($10), and one series of currency (1902). Gold Certificates Gold Certificates Gold Certificates $5,000 $10,000 $10,000 1888 1882 1888 Madison Jackson Jackson Gold Certificates $10,000 1900 Jackson VICE-PRESIDENT THOMAS A. HENDRICKS 1885 He appears on one type (Silver Certificates), one de- nomination ($10), and three series of currency (1886, 1891, and 1908). Denomi- Type nation Serie s President Demand Notes $ 861 Lincoln Lega Tender Notes $1 869 Washington Lega Tender Notes $1 874 Washington Lega Tender Notes $1 875 Washington Lega Tender Notes $1 878 Washington Lega Tender Notes $1 880 Washington Lega Tender Notes $1 917 Washington Lega Tender Notes $1 923 Washington Lega Tender Notes $2 869 Jefferson Lega Tender Notes $2 874 Jefferson Lega Tender Notes $2 875 Jefferson Lega Tender Notes $2 878 Jefferson Lega Tender Notes $2 880 Jefferson Lega Tender Notes $2 917 Jefferson Lega Tender Notes $5 869 Jackson Lega Tender Notes $5 875 Jackson Lega Tender Notes $5 878 Jackson Lega Tender Notes $5 880 Jackson Lega Tender Notes $ 0 862 Lincoln Lega Tender Notes $ 0 863 Lincoln Lega Tender Notes $10 923 Jackson Lega Tender Notes $100 869 Lincoln Lega Tender Notes $100 875 Lincoln Lega Tender Notes $100 878 Lincoln Lega Tender Notes $100 880 Lincoln Lega Tender Notes $500 869 Adams Lega Tender Notes $5,000 878 Madison Lega Tender Notes $10,000 878 Jackson Silver Certificates $1 896 Washington (back) Silver Certificates $1 899 Lincoln Silver Certificates $1 899 Grant Silver Certificates $1 923 Washington Silver Certificates $2 899 Washington Silver Certificates $5 886 Grant Silver Certificates $5 891 Grant Silver Certificates $5 896 Grant (back) Silver Certificates $5 923 Lincoln Silver Certificates $100 878 Monroe Silver Certificates $100 880 Monroe Silver Certificates $100 891 Monroe National Bank Notes $5 882 Garfield National Bank Notes $5 882 Washington (back) National Bank Notes $5 902 Harrison National Bank Notes $10 902 McKinley Federa Reserve Bank Notes $1 918 Washington Federa Reserve Bank Notes $2 918 Jefferson Federa Reserve Bank Notes $5 915 Lincoln Federa Reserve Bank Notes $5 918 Lincoln Federa Reserve Bank Notes $10 915 Jackson Federa Reserve Bank Notes $10 918 Jackson Federa Reserve Bank Notes $20 915 Cleveland Federa Reserve Bank Notes $20 918 Cleveland Federa Reserve Bank Notes $50 918 Grant Federa Reserve Notes $5 914 Lincoln Federa Reserve Notes $10 914 Jackson Federa Reserve Notes $20 914 Cleveland Federa Reserve Notes $50 914 Grant Federa 918 MadisonReserve Notes $5, $20 000 Gold Certificates 882 Garfield Gold Certificates $20 905 Washington Gold Certificates $20 906 Washington Gold Certificates $20 922 Washington Gold Certificates $50 913 Grant Gold Certificates $50 922 Grant Gold Certificates $500 882 Lincoln Gold Certificates $500 922 Lincoln Gold Certificates $5,000 882 Madison BIBLIOGRAPHY Friedberg, Robert, Paper Money of the United States, (Fifth Edition), The Coin and Currency Institute, Inc., New York, 1964. The World Book Encyclopedia, Field Enterprises Educational Corporation, Chicago, 1962. Looking at Literature A History of the Regular Banknote Issues of South Africa, by Walter Bergman, 21 mimeographed pages, no illustrations, not priced, 1967. Privately printed and obtainable from Walter Bergman, 5 the Clovers, Culver St. Orangezicht, Cape Town, Republic of South Africa. Walter Bergman, president of the South African Nu- mismatic Society and one of the world's leading collectors of the bank notes of South Africa, has produced the first booklet listing its lengthy series of banks and their notes from the 1782 issues of the Dutch East India Co. through the present "mini" rand notes of the Republic of South Africa. It is interesting that Mr. Bergman's wife is a direct descendant of the owners of the now liquidated Barry and Nephews Bank of the Cape of Good Hope, which issued a number of colorful notes. (Continued on Page 54) WANTED • Current Size Error Notes—all de- nominations. Describe complete- ly with asking price. Will trade errors, silver certificates, or coins. • JIM GREENE P. 0. Box 182 Sparta, North Carolina 28675 Paper Money PAGE 51WHOLE NO. 26 Supplemental List of the 1929 National Bank Note Sheets By M. 0. Warns We were delighted with the response from our mem- bership in reporting additional sheets of the 1929 Na- tional Bank Note Series. It was indeed fruitful, for no less than 137 sheets not previously reported can now be added to the original listing of 294 sheets appearing in Issue No. 4, Volume 6 of PAPER MONEY. These addi- tions bring the total to 431 sheets known to have been preserved. The newly reported sheets are as follows: ALABAMA MAINE Charter 494 Bath 5 13358 Birmingham $5 MARYLAND ARKANSAS 8456 La Plata 5 13520 Helena 5 CALIFORNIA MASSACHUSETTS 6268 Ontario 9897 Pleasanton 10100 Redding 10107 Sacramento 13212 Palo Alto 5 5 5 5 5 490 Fairhaven 588 Malden 633 Haverhill 969 Beverly 1014 Lawrence 5 5 5 5 5 COLORADO MICHIGAN 9009 Carbondale 5 1812 Cassopolis 5 CONNECTICUT MINNESOTA 780 Waterbury 5 4831 Appleton 5 9596 Starbuck 5 FLORIDA 13108 Minneapolis 5 13383 Winter Haven 5 MISSOURI 13641 I lomestead 5 8599 Clinton 5 ILLINOIS MONTANA 6143 Kinmundy 10 9183 Arenzville 5 7990 Glasgow 5, 10 10173 Staunton 5 9486 Hamilton 5 10180 Waterloo 5 NEBRASKA INDIANA 9217 Tilden 5 571 Crawfordsville 5 9395 Grand Island 10 1032 Seymour 5 9831 Leigh 5 13305 Bluffton 5 9908 South Omaha 5 13317 Bluffton 5 13408 Freemont 5 13503 Poseyville 5 13425 Sidney 5 13531 East Chicago 5 13532 East Chicago 5 NEW HAMPSHIRE IOWA 559 Keene2240 Nassau 5, 10, 5 20 13073 Toledo 5 887 Winchester 5 KANSAS NEW JERSEY 8796 Fort Leavenworth 5 587 New Brunswick 5 6508 Pleasantville 5 KENTUCKY NEW YORK 9320 Jackson 9880 Wilmore 5 5 29 New York City 349 Newark 10 10 LOUISIANA 382 Brockport 10886 Genesco 5 13648 Shreveport 5 1027 Lyons 10 13732 Gretna 5 6482 Remsen 5 5 TEXAS 5 10 2455 Dallas 5 5 3623 Dallas 5 5 5786 Aspermont 10 5 6572 Waco 5, 10, 20 5 6956 San Antonio 5 5, 10 7617 Nocoma 5 5 8195 Teague 5 5 8573 Brady 5 5 8645 Houston 5, 10, 20 5 8899 Galveston 10 0152 Houston 5, 10, 20 0169 Pharr 5 0694 Dawson 5 5 1749 Dallas 5 10 2736 Dallas 5 2769 El Paso 5 3107 Cleburne 5 3249 Wellington 5 5 3428 Clarksville 5 5 3511 Plano 5 5, 10 3516 Waxahachie 5 5 3578 San Antonio 10, 20 3598 Stamford 5 3683 Houston 20 3925 Houston 10 5 4283 San Antonio 5 5 3315 Edinburg 10 5 10,20 VIRGINIA5 5 10325 Fredericksburg 5 5,10 12477 Quantico 5 10 5 5 WASH INGTON 10.20 13444 Reardan5 5 5 5 WISCONSIN 178 Columbus 5 873 Elkhorn 5 10 6663 Rice Lake 9140 Superior 10, 20 9606 Neilsville 5 13487 Phillips 10 20 13529 Durand 5 RELATIVE SCARCITY BY STATES Of the 442 sheets reported to date, we have listed be- low their relative scarcity by State together with the number of sheets reported for the State in parenthesis: Arizona (1) Oklahoma (4) Delaware (I) Vermont (4) District of Columbia (I) Virginia (4) North Carolina (n West Virginia (4) Idaho (2) Alabama (5) Nevada (2) Arkansas (5) New Mexico (2) Kentucky (5) Rhode Island (2) Louisiana (5) Wyoming (2) Maine (5) Maryland (3) Oregon (5) Mississippi (3) South Dakota (5) North Dakota (3) Georgia (6) South Carolina (3) Missouri (6) Washingtonville 9955 New York City 0159 Silver Creek 1034 New York City 3126 Glen Head 3295 New York City 3334 New York City 3404 Mineola 3493 Syracuse 3521 Argyle 3559 Montgomery 3664 Painted Post OHIO 13596 New Lexington 14020 Toledo OKLAHOMA 77 Scranton 4830 El Reno 5985 El Reno 10209 Hennessey PENNSYLVANIA 148 West Chester 175 Williamsport 240 Lebanon 53'9 Philadelphia 5, 544 Philadelphia 604 York 683 Lancaster 5900 Wilmerding 8320 Springdale 9340 Moscow 9526 McAllisterville 13197 Jersey Shore 13585 Charleroi 13606 Portland SOUTH DAKOTA 13589 Viborg TENNESSEE 10198 Fayetteville 5220114 IlkittM.Akkor, 170 VS: 5.156 Nviti.tirtn1 C'onrrerryf PAGE 52 Paper Money WHOLE NO. 26 (6) California (12) (6 ) Wisconsin (12) (7) Colorado (13) (7) Connecticut (13) (8) Indiana (13) (9) Ohio (14) (9) Nebraska (19) (9) Michigan (27 ) (10) Pennsylvania (33) (11) Texas (42)(12) New York (49) (12) DENOMINATION AVAILABILITY Of the 431 sheets reported to date we are able to break- down by percentages the availability of these sheets ac- cording to denomination: $5 Value 61.8% $10 Value 26.44% $20 Value 10.01% $50 Value 1.00% $100 Value .75% The percentages speak for themselves as to scarcity of each denomination. CORRECTION On page 104, Issue No. 4, Volume 6 of PAPER MONEY wherein the original listing of these sheets appeared, charter 13032 was listed as Erie, Pa. in error. It should have been Philadelphia. This is the Erie National Bank of Philadelphia, Pa. Charter 12608 of Montana should read Lewistown. SIGNIFICANT CONTRIBUTIONS were made by those member-collectors and dealers who responded so graciously in giving their time and effort to make this information available to you. They are: Newton J. Cummings, Wm. P. Donlon, Rev. G. F. Esser, Gordon Gill, Virgil Jackson, Arthur and Paul Kagin, Joseph Kinney, Abe Kossoff, J. L. Massetti, George A. Nicholson, Johnny 0, Wm. A. Philpott, Ben Stack, James A. Stiff, Louis Van Belkum, and Jim Waters. A Matter of Dates By Ronald Horstman At first glance this $10 bill appears to be an ordinary third charter note on the First National Bank in St. Louis bearing the date of February 25, 1903. The only thing wrong is that this bank did not open for business until 16 years later, on July 7, 1919. This new bank came about thru the merger of three large downtown banks. First was the Third National Bank charter #170 which was used by the new bank. The Third National was the oldest national bank in Missouri and one of the largest. The second bank involved was the Mechanics American National Bank #7715, which was created on May 23, 1905, by the joining of the Mechanics National Bank #5788 and the American Exchange National Bank #7570. The third bank involved was the St. Louis Union Bank, wholly owned by the St. Louis Union Trust Co., which became the St. Louis Union National Bank #11366 for a day to meet the requirement of the Comptroller of Cur- rency that all banks merging be national banks. But just how could this bill bear a date nine years before Frank Watts, the president of Third National and later First National had arrived in St. Louis from Memphis? Could this have been a premonition on the part of some- one at the Bureau of Printing and Engraving? The most logical explanation is that with the creation of this new bank there was so great a desire on the part of its officers to circulate notes bearing the title of First National Bank in St. Louis that plates from the old Third National, already bearing the charter #170, were reused by just changing the title of the bank and leaving the remainder of the plate including the date as it was. The author has several notes of the Third Na- tional bearing the same date, probably the first issuance of third charter notes by this bank. By September 12, 1919, just two months later, the First National had $1,859,597 worth of notes in circulation, which all goes to show that dated national bank notes can be very mis- leading. Bank Notes by Harrisons SPMC attorney Ellis Edlow has submitted the follow- ing additions and corrections to William Harrison':, study "Bank Notes Engraved by Harrisons in the U. S." in PAPER MONEY No. 23: A $1 Merchants Bank of Alexandria, District of Colum- bia was omitted. The $20 Bank of Potomac listed as Georgetown. Dis- trict of Columbia should be listed as Alexandria. A $100 note of Central Bank of Georgetown and Washington was not listed. Tennessee Utah Washington Minnesota Montana New Hampshire Florida New Jersey Kansas Iowa Illinois Massachusetts WHOLE NO. 26 PACE 53Paper Money The $100 CSA 1864 Series II Printing Plate By Fred Slaton, Jr. This plate, measuring 9x14x 3/$ inches and weighing six pounds, was supposedly brought home as a souvenir of the "War" by a Union soldier named Dr. Wm. Brady, a native of Michigan. ;- It came to light at the sale of the effects of an elderly woman, Mrs. Gladys Smith, at Newark, Ohio, in August 1965. Paul Jagger of Akron, Ohio bought it and sub- sequently sold it to me in March 1966. Mrs. Smith evidently acquired it from her mother's half-sister, who had married Dr. Brady. If anyone has any means of tracing the history of the plate further, I would appreciate hearing of it. It is possible that there is some record of the disposition of the plates at the close of the war. 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 Paper Money WHOLE NO. 26PAGE 54 By Their Numbers Ye Shall Know Them! By Harry M. Coleman For reasons that perhaps only a psychiatrist could ex- plain, a certain type of paper money collector openly deprecates low serial numbers as a factor in collecting. Secretly, these deprecators often have many choice num- bers in their collections. Most of these fellows are of the "old school": They specialize in large size notes, frac- tionals, and other types issued before the present so-called small size currency. A newcomer to the hobby might wonder if this new small currency is here to stay! Example: A certain collector expresses himself on the subject with a statement, "I never ran a temperature over low serial numbers." Regularly, he seems to find in his collection a few of these no-temperature notes for which he asks up to 10 times catalog over the same note of ordinary serial number. Example: At the recent ANA convention in Miami, a dealer bought several attractive low serial number notes. A low-number collector watched. A day later he asked the dealer, who is also a well-known paper collector, to show him some low numbers. The dealer-collector brushed aside the request, stating he didn't bother with numbers. Asked if he would sell the low numbers he bought the day before, the D-C naively replied "Oh, no! I put those in my collection." To those who are untroubled by mental blocks or arti- ficial impediments, and who brazenly collect low num- bers, the accompanying table may be informative. Theo- retically, a note numbered between 1 and 9 should be valued at 9 times that of one between 10 and 99. This is rarely true because of the many inexact and unstable factors that govern the availability of serial numbers. Example: The $1 1963 Chicago 000 * and St. Louis 0000.... * are among the scarcest of this FRN series. A number of interesting and occasionally logical reasons for this scarcity are available to choose from— in lieu of the notes! Example: The $1 1963 Nos. 1-100 will be difficult to acquire because, presumably, the boys at the Federal Re- serve Banks divided the 12 packs among themselves. Otherwise, how could all twelve $1 notes of this series, each with No. 17, be on exhibit at the St. Louis Federal Reserve Bank? A much simpler answer is at hand for what became of the $1 1963A Minneapolis Star notes Nos. 1-100. I got them. According to the dealer who sold them to me, the entire pack was found intact by a bank teller. Collecting low serial numbers is not an exact process. But neither is a bad habit—as some scoffers would have it appear! Paper Money Frequency Table of Serial No. Digits Total Notes Serial Nos. 9 00000001-9 90 00000010-99 900 00000100-999 9000 00001000-9999 90000 00010000-99999 900000 00100000-999999 9000000 01000000-9999999 90000000 10000000-99999999 The above table illustrates the total number of notes, beginning with one or more zeros, that would be produced in a normal run of 100,000,000 pieces of currency (the last note is a star. used to record a round number—not possible with the present eight-digit system). Example: There are 9 notes in each 100,000,000 printed that have 7 zeros preceding the last digit. There are 90 notes that have 6 zeros preceding the last digit, 900 that have 5, etc. Looking at Literature (Continued from Page 50) The booklet is divided into three main sections: Pages 1 through 9 are devoted to a history of the bank notes of South Africa. The data deal with the Cape of Good Hope, Natal, South African Republic (Transvaal), Orange Free State, Post Anglo-Boer War Period and Union of South Africa, and the Republic of South Africa. Pages 10 through 13 give a listing for the same areas of the many private and government banks, their head of- fices, dates of operation and eventual fate. Pages 14 through 21 give a listing of the denominations of the notes for all the private and government banks in the above areas. In most cases the dates appearing on the notes are not stated, as they were hand-dated. However, the dates for most governmental issues are given. The emergency issues of the Anglo-Boer War of 1899-1902 are also given. There is a great deal of information on the private banks which demonstrates their notes to be an interesting and fairly lengthy series for the specialist. JEROME REMICK Paper Money PAGE 55WHOLE NO. 26 Numismatics and Three Presidents: A Sequel By Frank A. Tannewitz KaufAittanErx Viri-Citcrr rya n.:11Z1011101010101iXIIMA;*4°tv5 mERCHANTs 844;14.■ 1/////,. °UAW*.) 7/ , WILLIAM T. SMITHSON This identification is autienticated by Mr. Foster D. Rice, SOPMC, and Dr. Julian Blanchard, SOPMC, from their collection of Die Proofs and research. William T. Smithson was President of the Farmers and Merchants Bank of Washington D. C. (1862). This proof appears to be exactly the same as shown on the 81.50 note above. The same portrait appears on the $1.25 and $1.75 notes of the bank. The reader is also referred to an article in the December, 1966, issue of PAPER MONEY entitled "Numismatics and Three Presidents", by Frank A. Tannewitz, SOPMC. The December, 1966 issue of PAPER MONEY carried an article pertaining to the various paper money issues that bore the likenesses of Presidents Andrew Jackson, James K. Polk and Andrew Johnson. Certain questions were raised therein relating to the identity of likenesses of Andrew Johnson. As is often the case, the numismatic fraternity supplied the answers to the questions posed. The first letter re- ceived as a result of the article was from Mr. Charles Affleck, the well known numismatist from Winchester, Virginia. In his letter he referred to the history of the American Bank Note Company which contained the same reproduction of the vignette of Andrew Johnson as is found on the $5 note of the State of Louisiana and re- ferred to as "Bust of Governor." Thus we have properly identified the only known note to carry a vignette of President Andrew Johnson. WANTED OBSOLETE PAPER MONEY (Bank Notes, Script, Warrants, Drafts) of the AMERICAN WEST Oregon, California, Idaho, Nevada, Arizona, Utah, Mon- tana, New Mexico, Colorado: Dakota, Deseret, Indian, Jefferson Territories! Cash paid, or fine Obsolete Paper traded. Have Proof notes from most states, individual rarities, seldom seen denominationals, Kirtlands, topicals; Colonial, Continental; CSA, Southern States notes and bonds. Also have duplicate Western rarities for advantageous trade. JOHN J. FORD, JR. 176 HENDRICKSON AVE., ROCKVILLE CENTRE, N. Y. Paper Money WHOLE NO. 26PAGE 56 The next letter we received related to the identifica- tion of the $1.25, $1.50 and $1.75 notes of the Farmers and Merchants Bank of Washington, D. C., which were reputed to bear the vignette of Andrew Johnson. The answer to this question was supplied by Mr. Foster W. Rice of Granby, Connecticut. Mr. Rice wrote that as a result of collaboration with Dr. Blanchard, SPMC President at that time, the vignette was positively identi- fied to be that of W. T. Smithson, President of the Farmers and Merchants Bank in 1866, the year the notes were issued. Mr. Rice supplied the India ink drawing of the vignette (see photograph). This author feels that this experience is but another example of the great spirit of helpfulness that exists within our numismatic fraternity. Did You Know That — Only portraits of Presidents of the United States ap- pear on the Federal Reserve Bank Notes of 1915 and 1918: $1 George Washington $2 Thomas Jefferson $5 Abraham Lincoln $10 Andrew Jackson $20 Grover Cleveland $50 Ulysses S. Grant Michael B. Kromeke WANTED TO BUY ERRORS IN CURRENCY Please state price and give description and sketch. HARRY L. STRAUSS, JR. Mr. J. Roy Pennell furnished the American Bank Note Co. die preof of Andrew Johnson and the die proof imprinted with the name Smithson illustrated here. 619 South Street Peekskill, N. Y. 10566 Paper Money PAGE 57WHOLE NO. 26 A Colonial Counterfeit By Forrest W. Daniel I ,r!, tom'40 ,--k. r‘-ii / 14h. %.... ';'<.- it t f ., , f t'C' ,., .,„' ' f ' I ''' P2-, • ,„ i t i (C, ), '`, e if 1 P' .,"/, 4.-% i );/, j/,,, 4 4 //, C"1/44 .-trii .4 1►;e Li 62e4,1( it i"41 /; I si.r , .. it — .. 1 1;7 it , /171 i ( /41/' ftts. elf I; h it/., ty , ;,4 :,,:ii.,* 4,,fy ,A e4,,/ ,,T„,,,.,,,,,,...„ 0..._ ,00,3 ; , 4. - , . -" , , , ?. • ,t, v b ' r / n , , -krtte..- r "I'SA 47-04/1/ 1 1/1 //tt 1 ( ), le Ailt ' ite 90#6 1 %;/ , p - ...'"rr ";:" x , , .." ,T • 11 ei t 1 ,1r itri( -vrid ' ' at .1 bac `1e it 41' i , t 1 ' 'fr ‘ 7 ,tvp-.-,f,.1 4 :,...( ,,,„,,,,, / „, /, - ; ,. ,,..., ,,....,, 14 :4" ' ,'")7t t i 1)! %/lij PP ! / Tite t/,'"4 }t:. 4' t- 43-2. / ic ..4e le:ri) ' 43 '' "-', t t., '41 i; ,' '.e...t.4 *11 IOW 4,,ost / ". The counterfeiting of paper money began in the American colonies almost immediately after its introduc- tion in 1690 and became so wide spread that the governor of Massachusetts recommended, in 1720, that counter- feiting be made a capital offense and the law strictly enforced. In the years that followed all the colonies except Connecticut enacted laws making counterfeiting punishable by death; "Tis Death to Counterfeit," or a similar statement appeared on many issues of colonial currency. But the malefactors took little notice as they reproduced the bills. Early notes were often crudely engraved and easily imitated, and since paper money was a new development, few people were able to distinguish between the good and the bad. On December 25, 1752, John Layman's 20-shilling note of the Province of New Hampshire was declared counter- feit by Justice of the Peace Jonathan Trumble (Trum- bull) of Lebanon, Connecticut. Lyman said he had got- ten the bill from Phineas Strong of Coventry. By law Trumble was to seize the bill and write the name of the person from whom he received it on the back with a statement that it was delivered as a counterfeit bill. He was to hold the bill while Lyman attempted to get proper payment for it. If payment was refused action could be taken to recover on the bill. Suit could be brought only if the holder of the false note had it declared counter- feit before attempting to recover payment from the per- son from whom he had received it. In case suit was brought to enforce payment the justice holding the bill was to deliver it to the court hearing the case. In this instance, however, Justice Trumble permitted Lyman to take the note to show it to Strong and try to get a settlement. The outcome of that confrontation is un- known, but part of the note survives. This is the certificate Trumble attached to the counter- feit bill with sealing wax: "Lebanon, Decem'r 25th, 1752. These Certify That M. Jn'o Lyman hath delivered me a false & Counterfeit Bill made in Imitation of a Twenty Shillings New Tenour Bill of the Province of New Hamp- shire, which he declared To me he rec'd of Phineas Strong Esq'e of Coventry as a True Bill of that Denomi- nation. Certified Jon'th Trumble, Just's Pacis. NB. Let Paper Money WHOLE NO. 26PAGE 58 M. Lyman Take The Bill, to Shew to M. Strong, & return it or Lodge it In The hand of Some Other Authority & Bring me This Certificate & (or) a Certificate where 'tis lodged." Less than half the note remains attached to the certifi- cate; it reads, "1742 By Order of ye General Court or Assembly. No. 137." The denomination is in the upper left corner, "20s." The pine tree seal of the Province of New Hampshire occupies the upper center with the date 1743 below and to the right of the seal. The seal is dated "Feb'y 1744." The coat of arms of England occupies the balance of the left half, and the signatures the lower right half. Although only a portion remains, the signatures appear to be Eleazer Russell, Peter Gilman, and Geo. Jaffrey. Emissions of early New Hampshire notes were very small and the counterfeiting of them so extensive that the genuine bills scarcely gained currency status. The new tenor issues began in 1742. Additional dates were engraved into the printing plates in succeeding years and the plates used again and again as further emissions were authorized by the assembly. This accounts for the dates 1742, 1743 and February 1744 on the counter- feit. Like many issues of currency in colonial times, the issue of 1744 was to finance a military operation. The emission was limited to £13,000 to finance the successful expedition against Louisburg, on Cape Breton Island, in the King George's War phase of the French and Indian Wars. Without redating, the same plates were used for additional issues of £6,000 and £8,000 in July and Octo- ber of 1745. An emission of £60,000 to provide food, clothing and arms for another Canadian expedition was made in July, 1746, from the same plates. These later printings made the issue plentiful and all but two denomi- nations are known to have been counterfeited. It would seem, then, that the counterfeiters were put- ting out imitations of a six to eight-year-old note. They hoped to escape detection by passing them in colonies well away from New Hampshire, where they might be detected more easily. The most likely source of this counterfeit was Dr. Samuel Dusten of Haverhill, Massachusetts. In 1751 he was associated with Joseph Bill and Jonathan Woodman in producing and passing counterfeit New York and New Hampshire bills. Dusten was described as a tall, slim man who wore red plush breeches and a black wig. Bill and Woodman were apprehended in New York but Dusten escaped to New England. Dusten was captured later and tried at Portsmouth, New Hampshire but was acquitted. It was reported that after the trial a false plate of a 20-shilling bill and one of a two-shilling six- penny bill were found and defaced in the presence of the court. Later that fall another confederate of Joseph Bill, one Willet Larabe, was convicted by the superior court of Kings County, Rhode Island, of passing counterfeit 20- shilling new tenor bills of New Hampshire. On his con- viction Larabe "was sentenced to stand in the pillory for half an hour, to have both ears cropped, to be branded with R on both cheeks with a hot iron, to be imprisoned for one month, to pay double damages to the persons injured by his counterfeit bills and the costs of prosecution, and to forfeit the remainder of his estate, both real and personal, for the use of the colony. The corporal punishment was executed at South Kingston on 7 November." Destruction of the bogus 20-shilling plate in New Hampshire did not end production of those counterfeits. Several appeared in Connecticut in December, 1752, and John Lyman's at Lebanon on the 25th of the month. On the 28th Captain John Payson complained before a Jus- tice of the Peace in Killingly that he had received three of them from a man who said he was John George of Hampton, New Hampshire. George said he had received the bills from Dr. Sam Dusten at Haverhill and had knowingly passed five of them in Connecticut. Counterfeit New Hampshire 20-shilling new tenor bills plagued Connecticut for several years. Joseph Avery was convicted at Norwich of passing them in 1755. Joseph Munsel, perhaps an associate of Dusten, was arrested in 1756, and his hearing was held at Hartford. The case was nolle prossed, with Munsel dismissed on payment of charges. A false 20-shilling New Hampshire note was introduced as evidence in that case; it is now in the files of the Connecticut State Library. Connecticut's first issue of paper money was in 1709, and the first law relative to counterfeiting bills of credit was passed in May, 1710. Penalties under that law were ill-defined and not especially severe in contrast to laws which went into effect later. In 1717, the treasurer of the colony, assistants, and Justices of the Peace were ordered to seize any false, altered or counterfeit bills, write the name of the person from whom the bill was seized on the back of the note, plus the name of the person from whom he declared he had obtained the note, and to investigate the source at his discretion. Continual and increasing quantities of counterfeit bills were introduced into the economy of the colonies, so in an effort to curb the circulation of false bills penalties became more severe. Increasing trade between the colo- nies made circulation of foreign bill easier; therefore penalties were extended to passers of foreign counter- feits. In May, 1724, Connecticut enacted the following law: "Be it Enacted by the Governour. Council and Repre- sentatives, in General Court Assembled, and by the Au- thority of the same, That whosoever shall presume to Forge, Counterfeit, Alter or Utter any bill or Bills of Credit of this Colony, or the Bills of Credit of the Prov- inces of the Massachusetts-Bay, New-Hampshire, New- York, Rhode-Island and the New-Jersies, knowing them to be such, That now are or hereafter shall be issued by the Law Established, either in this Colony or either of the aforesaid Provinces; or that shall Council, Advise, Procure, or in any ways Assist in the Forging, Counter- feiting, Imprinting, Stamping, Altering or Signing of any such false Bill or Bills, knowing them to be such; or Engrave any Plate, or make any other Instrument to be used for that purpose, every Person or Persons so of- Paper Money PAGE 59WHOLE NO. 26 1111■11■ fending, being thereof Convicted before any of the Su- perior Courts in this Colony, shall be Punished by having his right ear cut off, and shall be Branded on the Fore- head with the letter C. and be committed to a Work-house and there be confined to Work under the care of a Master till the day of his Death: and never depart from said House without special Leave from this Assembly, under the penalty of being severely Whip't; and that all the Estate of any Person offending as aforesaid, shall be Fore- feited to this Government: also the Person so offending as aforesaid, shall be for ever debarred of any Trade or Dealing within this Colony in any wise, upon the penalty of being severely Whip't." When the penalty was imposed in Connecticut a few years later, a Boston Newspaper commented that if such a "moderate" punishment were inflicted in Massachusetts, instead of death, that colony would soon exceed any of its neighbors in the number of convictions. The signature of Justice Jonathan Trumble on the certificate attached to Lyman's counterfeit New Hamp- shire bill enhances its interest, for Trumble was a promi- nent figure in colonial and revolutionary times. Born in Lebanon. Connecticut, in 1710, he graduated from Har- vard in 1727. Although educated for the ministry he fol- lowed, rather, the legal profession. He was successful in commerce in Lebanon and became wealthy. He suf- fered reverses, however, in 1766, and became virtually bankrupt. It was at that time that he changed the spelling of his name from Trumble, as it appears on the certifi- cate, to Trumbull. He was still paying his creditors when the Revolution began. He entered politics in his early twenties, was elected to the General Assembly in 1733, and served as speaker several times. He also served as deputy governor and Chief Justice of the Superior Court. Though not schooled in law, Trumble became judge of the Windham County Court in 1746. In his career as a public official Trumble was con- cerned with counterfeiters many times. On an occasion in Boston in 1748, he personally rewarded a man who had exposed himself to danger in the capture of a counterfeiter. The counterfeits involved in that case were Connecticut bills of seven shillings, and the General Assembly of Connecticut saw fit to repay Trumble for his outlay. He also maintained contacts with other officials in Connecticut and adjoining colonies in attempts to curtail activities of known counterfeiters. Jonathan Trumble, assistant, issued a warrant at Hart- ford, February 24, 1756, for the arrest of Asa Phelps, member of a gang of known counterfeiters. The deputy sheriff said he was prevented "by some crafty deception" from taking Phelps. Phelps was arrested later on an- other warrant but was released on his promise to expose others involved in making and passing false bills. In September, 1764, Trumble examined the notorious Gilbert Belcher, counterfeiter of coin and bills. Belcher was bound over to the Superior Court at Windham in £150 bond. He was indicted for making and passing six Mexican cobs. Belcher was convicted at the trial and was sentenced to pay a fine of £50 plus £28/11/1 costs. A staunch supporter of colonial rights, Trumbull, as chief justice in 1768-9, turned aside applications of royal customs officers for writs of assistance in collecting taxes in Connecticut. Later, during the Revolution, he was the only colonial governor who supported whole- heartedly the cause of freedom. Jonathan Trumbull was named governor of Connecti- cut in October, 1769, and served in that capacity for 15 years. During the Revolutionary War the state of Con- necticut was a principal source of supply to the Conti- nental Army. General Washington sent more than a thousand letters to Governor Trumbull asking aid in money, men, food, clothing, arms and munitions. The people of Connecticut heeded the pleas of their governor and maintained the flow of supplies to the army. Wash- ington acknowledged the assistance given to him by Trumbull when he said his services "justly entitled him to the first place among patriots." With his advancing age, opposition to Governor Trumbull increased and he retired from office in 1784. His death came two years later. SOURCES: Counterfeiting in Colonial Connecticut, by Kenneth Scott Counterfeiting in Colonial New York, by Kenneth Scott Counterfeiting in Colonial America, by Kenneth Scott Financial History of Colonial New Hampshire, by Richard T. Hoober The Early Paper Money of America, by Eric P. Newman "The French and Indian Wars," by Francis Russell, Connecti- cut Circle, May-June, 1964 NEW Iii 00K The Society of Paper Money Collectors is pleased to announce the publication of "Florida Obsolete Notes and Scrip" by HARLEY L. FREEMAN. This is a hard covered book of 103 large pages, profusely illustrated. PRICE TO SPMC MEMBERS $4.00 OTHERS $4.75 POSTPAID Send remittances payable to the Society to: J. ROY PENNELL, JR. BOX 3005 ANDERSON, SOUTH CAROLINA 29621 Paper Money WHOLE NO. 26PAGE 60 Is It Georgia, Pennsylvania, West Virginia or None of Them? By Frank The McNeal Coal Company Yatesville Colliery paper scrip which is dated 186- and therefore is the earliest known dated coal mine scrip consists of the 5c, 10c, 25c, 50c, $1, $2, and $5 denominations. Several years ago in The Numismatist an advertise- ment appeared offering some notes of the McNeal Coal Co. Yatesville Colliery and suggested they were from Pennsylvania. QUESTION: Are they really from Pennsylvania? ? In a discussion on coal mine scrip which appeared in the TAMS Journal of 1966, No. 2, a well-known writer from Chicago suggested the McNeal Coal scrip might be from Georgia. QUESTION: Are they really from Georgia? ? In the excellent volume North American Currency, on Page 888, the McNeal Coal Co. scrip is listed under West Virginia. QUESTION: Are they really from West Virginia?? I further reviewed King's Handbook of the United States, published in 1891; on Page 723 several old min- ing firms were listed. I did not, however, find the Mc- Neal Coal Mine listed under Pennsylvania. Checking a little further in the same volume neither did I find the McNeal Company listed under Georgia or West Virginia. F. Sprinkle My personal collection contains the complete set of the McNeal Coal Co. Yatesville Colliery paper scrip. but I know of several collectors who have tried to obtain a complete set but have been unable to do so. Since there are no used specimens known of the Mc- Neal Coal Co., could it be that the bills were printed, but the Company never actually operated?? We certainly know that many early banks had bills printed but actually never opened. Also it is even possible that the McNeal Coal Co. notes are from a state that hasn't even been suspected. Some will be wondering about the rarity of the bills. From what I have observed, they rate some thing like this: R-1 5c, $1.00 R-2 10c, $2.00, $5.00 R-3 25c R-4 50c Of course R-1 represents those seen most often. There are no complete uncut sheets known of the McNeal Coal Co. scrip. I personally think the McNeal scrip is from Pennsyl- vania. However, at this time I cannot prove it. Any factual information regarding the McNeal scrip will indeed be appreciated. Wanted - A Grading System for Obsolete Currency By T. G. Harper A thought, an idea, a challenge to all of us who are members of this Society is before us. We have a job to do a big job. Several years ago I became interested in the obsolete currency of the State of Vermont. This interest was nourished by a growing desire to know more and more about the history of the state and the banking businesses that were responsible for issuing so called "broken bank notes." During the years of building my collection I have traded with and bought from many collectors and dealers through- out the country. And in the course of the deals we have made. I noticed with much amazement the various grade and condition evaluations placed on the notes that were of- fered to me. Often it has been the case that no condition census was placed on a note at all, just a hoped-for selling price. Of course, this lack of condition evaluation was due to the many unknowns in the obsolete field. Many collec- tors, and yes, even dealers, have not the slightest notion how to grade obsolete currency. I am not a grading expert or attempting to play that part. In the quest and never ending search for new material, I have, over the years, developed my own grad- ing system for the material I buy or trade. What I am saying is that we in the obsolete field of collecting need a standard with which to guide ourselves and evaluate the material we collect, trade, or sell. What better place to start on this road to better under- standing than in the pages of PAPER MONEY where the opinions of all the membership can be put to work for the mutual benefit of all? After all. it is we who collect these paper pieces of history who must attempt to gain the answers. If we don't, who will? Listed below are the four grades I use for obsolete currency. Look them over; if you have comments I would appreciate hearing from you. WHOLE NO. 26 Paper Money PAGE 61 GOOD—Note will be identifiable. Colors will be fad- ed. Note will be dirty in appearance. Edges may be torn or frayed. One or more corners may be missing. Signatures, date, and serial numbers almost faded away; some letters or digits may be gone; what handwritten work remains must be readable with the naked eye. FINE—Note will show evidence of wear on edges. Slight fraying, but no tears; all corners intact. Corners may be folded over. Color brilliance will be gone. Red will have turned brown. Black will be fading or have faded to a grayish color. Green will have no more than a pale hint of the color. Signatures, date, and serial numbers will be faded; however all letters and digits must be readable with the naked eye. All engraving will be readable. Note may have been folded more than once. VERY FINE—Note will be sharp. All engraved and hand-written work will be readable with the naked eye. Colors will be sharp. All edges will be intact without fray- ing or folding. Signatures, dates, and serial numbers com- pletely readable with the naked eye. Note may have one fold. Paper will retain some degree of "life." UNCIRCULATED—No doubt about it. New, as the day it was printed. Now that I have written this far, I have had a slight touch of fright thinking that my words might add to an already confused situation. Going over some old re- search notes I find three different sets of standards for grading U. S. currency, these in three fairly recent pub- lications that are in wide use and so-called standards in the field. This fact lends some merit to my earlier statement. What better place to start a campaign for better under- standing than right here in the pages of PAPER MONEY where the opinions of all the membership can be out to work for the benefit of all who are interested or ever become interested in collecting paper money. The grading system above is mine. It is my opinion. But in a hobby such as ours opinions are a dime a dozen and are of no real value unless they serve the entire population of the hobby. So, in reality, my system of grading is worthless because it serves only me. Opinions should be pooled, then studied by competents in the field, and a decision reached that will be accepted by the majority. Where dual standards exist there is confusion, and confusion does not lend to the process of learning and knowledge, the science of our hobby. There is nothing scientific about the many grading standards applied to paper currency of all types throughout the hobby. We have to start someplace. Your comments on the above are invited. For the time being let's talk about obso- lete currency only. Any constructive criticism, idea or opinion is welcome. Any thought you might have—write it down and send it to me. Maybe with this start we will be able to arrive at accepted standards of grading for the entire hobby. That would be a real accomplishment! Send your comments to: T. G. Harper, RFD 1, Saco, Maine 04072. Is Paper Currency Going Out of Style? By Raymond H. Greenleaf During the past year there have been numerous articles in the lay press on the forthcoming "Cashless, Checkless Society." These stories tell us that a special kind of a card, similar to but more advanced than the bank credit card now in use, plus wire connections through touch tele- phones to central computers will enable the paperless system to go into effect within another decade. Your weekly pay will not be by cash or check. You will not pay bills by cash, check or money order. Pay- ments to you will be credited to your bank account and, by the use of touch telephone, withdrawals can be made directly into the account of your debtor. The main reason for changing the system is to elimi- nate so much paper handling. Americans wrote 17 bil- lion checks in 1966, and the amount is growing at a rate of six percent a year. A new method of exchange has to be found to prevent an overwhelming situation. Of the 173 billion total money supply in the U. S., coins and currency only make up 39 billion. The remaining 134 billion is in 70 million checking accounts. At least 60 million checks are written each day, swamping the bank- ers and Federal Reserve Board with paper. When this new system is installed, greater efficiency will be had with the elimination of excessive paper shuffling and a great cost reduction is expected. Al- though many details have yet to be worked out, techno- logical problems already have been solved and computers developed to do the job. This new medium of exchange will be the sixth such innovation in history. The previous five have been: 1) the barter system, the first primitive attempt at ex- change; 2) metal coinage, which is also very ancient; 3) written receipts indicating ownership started by the first banks in the Middle Ages; 4) paper money which came along a few hundred years later; 5) checks, first used in the United States in 1681. This sixth innovation actually began in the 1940's with the introduction of the credit card. Petroleum companies pioneered the credit card movement and today more than 70 million have oil company credit cards, 1.5 million have American Express cards, 1.2 million hold Diners Club credit cards, and 700,000 have Carte Blanche cards. The next big step forward was the recent introduction of the bank credit card. In the near future this will en- able a person to travel across the U. S. A. with only one card and not a wallet packed with different cards. The banks are welcoming this new system as it will mean more business and profits for them. Electronic banking and an affluence of the middle class is helping to change the concepts of banking and money handling in American life. PAGE 62 Paper Money WHOLE NO. 26 The handwriting is already on the wall in regard to present money circulation. In 1928, when the small-sized currency was introduced, there were six different types. These were the Gold Certificate, Federal Reserve Bank Note, National Currency, Silver Certificate, United States Note and the Federal Reserve Note. In less than eight years the first three—Gold Certifi- cate, Federal Reserve Bank Note and National Currency went out of circulation for various reasons. But it was to be 27 years later before the fourth type was dropped due to the scarcity of silver. The last issuance of the 1957B $1 Silver Certificate was in late 1963. Now there is only one active type left—the Federal Reserve Note. The demise of the $2 U. S. Note came in 1966, and the future of the $5 U. S. Note is uncertain at this writing. Printing of Federal Reserve Notes above the $1 de- nomination have declined in recent years. From the $5 note through the $20 note the number printed has been smaller in the 1963 and 1950E series than in previous issues. In the 1963 series printings have also been omitted for some Districts in the $5, $10, and $20 denominations and only three Federal Reserve Districts printed these amounts in the 1950E series. There was no printing of $50 and $100 notes in the 1963 series. Notes above $100 denomination have not been printed or released since 1945. This reduction from six to one type of paper currency in less than four decades is a harbinger of things to come. Collectors may wonder about this new system and the threat of change. However, coins would still be used for vending machines and one dollar bills for some miscellaneous items. It might be impossible to eliminate all checks, although the vast majority would disappear under the proposed system. The "Cashless, Checkless Society" will be a boon to bankers, money lenders and merchandise sellers, while to the paper money collector it will be a partial end of a great era in U. S. paper currency. Paper Money Forgeries Worry World Authorities A London Sunday Times News Service dispatch re- leased late in December 1966, reveals the existence of a spy-thriller type of forgery ring operating throughout the world. According to this dispatch, one of the most notorious gangs of forgers in the world is regrouping somewhere in South America. The gang has passed untold amounts of phony U. S. notes and its next targets are likely to be Britain and British tourists abroad. Among its leaders is a beautiful Czech girl known as "The Black Tulip." Within the last two months, a 38-year-old Lisbon-born jewelry expert, Candido da Conceicao Soares Carinha, has been reported to be in London, milking the banks at Heathrow airport of small sums with stolen travelers' checks. Soares flew in from the continent and flew out to South America in what looked like a trial run. The South American gang is supposedly the elite of what an American secret agent in Europe called "the most serious criminal wave of modern times." One of the world's leading experts on forgery, Julius Grant of London, echoed his words: "Forgery is now so wide- spread and so skillful that it must represent a threat to the currencies attacked." The gravity of the situation has been masked by silence among the central banks, anxious to preserve their cur- rencies. Only recently, a major warning was issued to banks all over Europe: "Beware fake Lebanese pounds." "Forgers are the new elite," said a special agent in London. "They need cash, skill, brains and mobility. That means organization." What the U. S. Justice De- partment calls "organized crime"—a euphemism for the Mafia—is certainly behind some of the more energetic forgers in America. The scale of the Mafia's operations can be judged from a plot—smashed by Swiss and American agents a few months ago—to flood Europe with 15 million dollars worth of forged bills and share certificates. The source was a dishonest trust company in Mississippi. The U. S. has since alerted its agents abroad to new Mafia, in a move towards legitimacy, has gone into the posited in banks as security for legitimate loans. The Mafiia, in a move towards legitimacy, has gone into the loan shark trade in America, which makes a handsome profit, more than enough to pay off the original bank loan. But the most remarkable international counterfeiters remain the South American gang. Working almost ex- clusively with forged travelers' checks and bank drafts, with counterfeit passports as "proof of identity," the gang has the distinction of having actually invented three highly profitable banks: The City Bank of Miami, the First Western Bank and the Wells Fargo Bank. Travel- ers' checks on these creations have been printed at a plant near Sao Paulo, Brazil. The leaders of the South American gang were, until recently, the brothers Ricardo and Radeo Szuman, now in prison on minor counts. The top men have never been discovered. In Europe, the gang of about 100 of motley nationality is run by a handsome, 36-year-old Spaniard, Osvaldo Cocucci. He jumped bail in Italy last year after an informer had enabled police in Rome, Milan and Bologna to arrest several of the gang and identify many more. With him went one of Europe's most glamorous crooks. 29-year-old Anna Hoegerova, a Czech girl with a flamboyance typical of the gang. (The veracity of the foregoing account may be open to question, but there is little doubt that modern tech- nology makes forgery much easier than ever before.) WHOLE NO. 26 Paper Money PAGE 63 SECRETARY'S REPORT New Membership Roster Dealer or Collector Specialty C General C Modern currency C, D Fractional currency C C U. S. currency C Block letters C New Jersey paper money and Continental cur- rency 2249 Chas. H. Day, 706 - 32nd St. West, Saskatoon, Sask., Canada 2250 Leroy B. Herring, Rt. 5, Box 557, Blythe Island. Bruns- wick, Ga. 31520 2251 Robert H. Lloyd, 55 Falconer St., North Tonawanda, N. Y. 14120 2252 Milton Kamen, 21 West 22nd St., New York, N. Y. I(X)10 2253 James C. Nailos, Valley Stream Apts., Route 463 and Line St., Lansdale, Pa. 19446 2254 William F. Malone, P. 0. Box 52, Nashville, Tenn. 37202 2255 Rudolph W. Schier, 2413 N. 61st St., Wauwatosa, Wis. 53213 2256 Leigh R. Sanford, 8708 First Ave. - Apt. 712, Silver Spring, Md. 20910 2257 Michael A. Powills, 9645 So. Leavitt St., Chicago. III. 60643 2258 Ray Menaster, 99 Lupine Ave., San Francisco, Calif. 94118 2259 Robert C. Masters, 2227 Westwood Place, Falls Church, Va. 22043 2260 American Numismatic Society, Geoffrey H. North, Li- brarian, Broadway Between 155th & I56th Sts., New York, N. Y. 10032 2261 Homer L. Hunt, Jr., 1405 Brooklyn Ave. - Apt 4A, Brooklyn, N. Y. 11210 2262 Harold Miller, P. 0. Box 15, Oak Forest, III. 60452 2263 E. F. Tuttle. 5108 Bluebell Ave., No. I lollvwood, Calif. 91607 2264 Thomas J. Hopwood, Jr., 8 Turner St., Cumberland, Md. 21502 2265 Jerry K. Lorenzen, 916 E. Milwaukee, Storm Lake, Iowa 50588 2266 Helmer Harkson, P. 0. Box 7, Solvang, Calif. 93463 2267 Dr. John H. Haldeman, P. 0. Box 676, Shenandoah Sta- tion, Miami, Fla. 33145 2268 Charles Ray Johnson, 337 So. A St., Oxnard, Calif. 93030 2269 Frank E. Vyzralek, 354 Central Ave., No., Valley City, No. Dak. 58072 2270 Dr. James W. Fletes, 7270 Natural Bridge Rd., Nor- mandy, Mo. 63121 2271 Dr. Armand R. Gasbarro, 1248 Piacenti Lane, Chicago Heights, III. 60411 2272 Walter Martins, Rt. I, Box 190-C, La Feria, Texas 78559 2273 T. Talcott Purnell, 550 W. Arlington Pl., Chicago, Ill. 60614 2274 Walter R. Davis. Fifth & Market Sts., Zanesville, Ohio 43701 2275 Dr. William Scott Russell, Jr., 6306 Stonybrook Dr., Richmond. Va. 23225 2276 Hal J. Wyland, 1851 Hamil Way, San Jose, Calif. 95125 2277 Arthur L. McCarroll, 1101 Mogford St., Midland, Texas 79701 2278 Larry Don Adams, 969 Park Circle, Boone, Iowa 50036 2279 Mrs. Mary A. Cummings, P. 0. Box 58, Kokomo, Ind. 46901 2280 Joseph C. Byrnes, 2046 Palmyra, S.W., Warren, Ohio C, D 44485 1181 Robert Clark McCurdy, 5127 46th Ave. No., St. Peters- burg, Fla. 33709 118 1 Dr. D. F. Wehrley, 6835 W. Wisconsin Ave., Wauwatosa, Wis. 53213 No. New Members 2241 Carl J. Hauge, 300 So. Elmwood Ave., Oak Park, Ill. 60302 2242 Gerald Altus, 301 David Dr., Havertown, Pa. 19083 2243 Raymond E. Jones, Bear, Delaware 19701 2244 William Turner, 90 Ellwood St., New York, N. Y. 10040 2245 Wesley Oliver, P.O. Box 591, Fairfax, Ala. 36854 7246 Bertram M. Mason. 410 W. Mt. Airy Ave., Philadelphia, Pa. 19119 2247 Chester A. Smeltzer, 23 Lake St., Ramsey, N. J. 07446 C C, D C U. S. currency C U. S. currency C D Confederate and obsolete C U. S. currency C Large size U. S. notes; fractional currency C General C C U. S. $1 and :$2 notes; fractional currency C U. S. from Colonial to small size notes, Con- federate C, D Foreign Large size U. S. and fractional U. S. small size notes; foreign Fractional currency North Dakota scrip, National Bank notes C U. S. large and small size notes; fractional currency C U. S. large size notes, National Bank notes, silver certificates C U. S. small size notes C Small size silver certificates, Federal Reserve notes, star notes U. S. types, Virginia and Florida notes, Conti- nental National Bank notes U. S. small size notes Block letters—Series 1935, 1957 C U. S. large and small size notes Paper Money WHOLE NO. 26PAGE 64 2283 2284 2285 2286 2287 2288 2280 7 700 701 770 220 3 2294 7705 2296 2207 7708 2260 2300 2301 2302 2303 2304 2305 2306 2307 2308 7300 2310 2311 7 112 2 313 2314 2315 2316 2317 2318 2319 7 3 70 1632 18;84 1006 929 1256 199 1675 681) 1585 1072 1192 Maurice Muszynski, Champradet 1222, Avenue Du Puy De Dome. Clermont-Ferrand 63, France Gerald N. Roberts, Ambler House Apts. D-7, Ambler, Pa. 19002 Ronny Sundin, Kopmangatan 48, Harnosand, Sweden Ronald P. Lass, 820 2nd Ave., De Witt. Iowa 52742 William T. Goltman, Box 198, Belleville. Mich. 48,111 Albert L. Drew, 1111 N. 25th St., Kansas City, Kans. 66 102 Don Flanegin, 10604 Lexington, Sugar Creek, Mo. 61053 W. W. Lindamood, P. O. Box 428, Guelph, Ontario, Canada Charles Crespi. 51 Grand St., Canton, Mass. 02021 Howard M. Hoffman. 0175 La Estrella Ave., Fountain Valley, Calif. 92708 Charles V. Duncan, 1512 Del Vista, Modesto, Calif. 95350 Matthew R. Isenberg, 401 No. Main St., Norwich, Conn. 06360 Garland Ilili. 219 Fonville St., Tuskegee, Ala. 36083 James M. Braziel 1223 Deerwood Dr., Columbia, S. C. 29205 Gordon II. \Vard, P. 0. Box 2866, Detroit, Mich. 482 31 Mrs. Doralie Crisp, P. O. Box 342, Forks, Wash. 98331 Donald E. Carter, 3492 Fechet Ave., Andrews A.F.B., Md. 20331 Dr. A. Joffe, Maccahee Coin Services of Israel, P. 0. Box 9080, Tel Aviv, Israel Alfred E. Burke, 6108 N. 8th St., Philadelphia, Pa. 19120 L. C. Croom. Rt. 4, Box 18, Zehulon, N. C. 27597 James A. Johnson, Jr., P. O. Box 22, Richmond, Va. 23201 Donald C. Cantrell. 17932 Rainbow. Fraser, Mich. 48026 Robert W. Waite. 8061 Leverne, Detroit, Mich. 48239 Russell 1_. Hartman, 106 W. Clark, Freeport, III. 61032 James F. Cone. 2C,0 Harris St., Warner Robins, Ga. 31093 Capt. James J. McKinstry, Jr., 772 TAS, Box 1127, APO San Francisco. Calif. 96311 Glenn I lershberg, P. 0. Box 225, Wendover, Utah 84083 Robert I. Sells, 242-A No. Lincoln St., Palmyra, Pa. 17078 Patrick D. McBride, 3714 N. Pontiac Ave.. Chicago, Ill. 60634 Thomas Vestergaard, Rt. #I, Six Lakes, Mich. 48886 James C. Coppola, 6 Connecticut Ave., Derby, Conn. 06418 John A. Moran, Jr., 840 - 5th Street. Devils Lake, No. Dak. 58301 Arthur Sipe, 4021 Bonsall Ave., Drexel 11111, Pa. 19026 Alvin Heckard, RD I, Box 88, Lewistown, Pa. 17044 George A. Klongland, Jr., 218 No. Fair Oaks Ave., Madi- son, Wisc. 53714 C. Patrick Henry, 406 Azeele St., Apt. 306, Tampa, Fla. R. Fred McGee, 418 Graham St., Florence, S. C. 20501 James J. Murray, 45 River Dr., Passaic. N. J. 07055 Change of John L. Abernathy, 1265 Old Mill Road, Orlando, Ha. 32806 C. R. Allen, Jr., Academic Offices, Baylor Univ. College of Medicine. I louston, Texas 77025 Mrs. Esther Anaszewski, 14328 Bensley Ave., Chicago, Ill. 41633 Dr. W. II. Aydelotte. R 2, Box 63, Fairburn, Ga. 30213 larold E. Baker, 500 - 31st St., Des Moines, Iowa 50312 Joseph D. Bailey. 6539 N. 65th Ave - Apt. B, Glendale. Ariz. 85301 Douglas B. Ball, 170 West End Ave. - Apt. 9 L, New York. N. Y. 10023 George R. Bardsley, River I louse - Apt. 512, 400 North Federal Highway. Deerfield Beach. Ha. 33441 Alan D. Barnes, 1714(1 Toepler Dr., East Detroit, Mich. 48021 P. Beaumont, P. O. Box 952, Corona, Calif. 01720 Harold Bertholf, RD #1, Box 8, Kingsville, Ohio 44048 Paper money of the world Small size silver certificates and ) 1 Federal Reserve notes Paper money of the world National bank notes, large and small size U. S. small size notes $1-810, Iowa Bank notes, notes of Argentina $1 and $2 notes Silver certificates Notes of Western Hemisphere countries Massachusetts bank notes Large size U. S. currency Colonial: obsolete notes of Missouri and Kan- sas Large size U. S. currency General Large size U. S., Confederate, Canadian General Foreign and Military Payment Certificates Foreign U. S. currency Virginia town, county and obsolete hank notes Tennessee National Bank notes U. S. type notes, fractional, C.S.A., foreign U. S. large size notes Silver certificates Type sets from all count ries Type sets, large and small size notes Small size U. S. currency U. S. $1 large size notes Small size National Bank notes: general U. S. large size notes North Dakota National Bank notes, No. I Colonial currency U. S. National Bank notes-1st and 2nd Charter Silver certificates Confederate Wilkes-Barre, Pa. National Bank notes Address 780 Q. David Bowers, 11975 E. Florence Ave., Santa Fe Springs, Calif. 90670 1872 Terry A. Bryan, 3211 Berkley Ave., Drexel I lill. Pa. 19026 237 Catherine Bullowa. 1616 Walnut St., Philadelphia, Pa. 19103 1815 C. G. Burkhartsmeier, 37 W. Medlock Dr., Phoenix, Ariz. 85013 716 Monroe Cameron, Box 422, Weatherford, Okla. 73096 101 Mrs. Louise M. Campbell, Box 84, Manquin. Va. 23106 10 70 Ernst Ebner. 5623 S. Parkside. Chicago, III. 00638 1318 Leo E. Eickhoff, Jr., P. 0. Box 5521, Dallas, Texas 75222 1-104 Mrs. Susan I ox, 1610 North Rural, Indianapolis, Ind. 46218 1200 David Halsted, 800 N. Lindbergh Blvd., St. Louis, Mo. 63166 1560 W. T. I lerget, R.R. #3, Box 290, Pine Oak Lane, Naper- ville, III. 6054)) C C C C, D C (2 (2 (2 (2 (1 C C, D C C C 1) C C C C C C,D C C C C C C C (2 C C, C Paper Money PAGE 65WHOLE NO. 26 1590 John T. Hickman, Box 260, Des Moines, Iowa 50302 1848 Stephen Hochman, 111-59, 44th Ave., Corona, N. Y. 11374 325 Donald B. Hoge, 5743 Braesvalley Dr., Houston, Texas 7/035 1149 William T. House, 12266 N. Lakeview Dr., Baton Rouge, La. 7C8I0 257 F. A. Jones, 7026 Inkster Road - Apt. 203, D Dearborn Hts., Mich. 48125 1594 Don C. Kelly, 501 Sandra Dr., Oxford, Ohio 45056 1793 George Kuba, 1001 - 1st St. S.E., Cedar Rapids, Iowa 52401 1167 E. L. Large, Rt. #1, Box 212, Lamar, S. C. 29069 1933 E. R. Lindsay, 880 Berkeley Ave., Turlock, Calif. 95380 107 W. H. (Bill) Mason, Oriental, N. C. 28571 1978 John Kent McCrimmon, 423 Oak Ave. D-3-L, Ithaca, N. Y. 14850 2281 Robert C. McCurdy, 7751 84th Lane, No., Largo, Fla. 33540 1996 Mrs. Carroll E. McDonald, 67 High St., South Windham, Maine 04082 1581 John V. McMillin, 908 Maplewood Lane, Iowa City, Iowa 52240 951 Philip J. Medicus, 11 Baylor Circle, White Plains, N. Y. 10605 865 Lester Merkin, 65 East 56th St., New York, N. Y. 10322 1356 Bud Miller, 3169 Bailey Ave., Buffalo, N. Y. 14215 354 Arthur Mills, Williamsbridge Sta., Box 41, New York, N. Y. 10-167 1416 Ralph Morrison, P. 0. Box 649, South Pasadena, Calif. 91030 898 Jim Tom Nichols, Box 158, Wylie, Texas 75098 78 E. Burnell Overlock, 66 Presidents Road, Buzzards Bay, Mass. 02532 1538 Paul R. Peel, 1748 Sawyer Way, Colorado Springs, Colo. 80909 770 Charles W. Petersen, Box 4, Somers, Iowa 50585 1667 Paul J. Rose, 3 Shetland Court, Rockville, Md 20851 380 Dr. Leonard M. Rothstein, Velvet Valley Way, Owings Mills, Md. 21117 1921 Franklin L. Salzman, 246 N. College St., Statesboro, Ga. 30458 1460 Arthur J. Schroeder, P. 0. Drawer 12384, Atlanta, Ga. 30305 32 Arlie Slabaugh, 1025 Crozer Lane, Springfield, Pa. 19064 1325 Edward Paul Streeter, Buffalo Gap, So. Dak. 57722 2039 Raymond S. Toy, 1225 North 3rd, El Cajon, Calif. 92021 1589 John T. Waters, Box 260, Des Moines, Iowa 50302 1896 Dr. Edwin L. Webb, 3363 Stratford Lane, Montgomery, Ala. 36111 1628 CW 4 L. R. Weitzel, W 907074, HHC 168th Eng. Bn. (Const.), APO San Francisco, Calif. 96491 1240 Jeff Wexler, 42 Carman, Cedarhurst, N. Y. 11516 853 George I. Davison, 6602 No. Park Plaza Dr., Kansas City, Mo. 64151 125 Merral A. Fox, Fountainview West, 1155 N. La Cienega Blvd., Los Angeles, Calif. 90069 344 Dr. George Fuld, 5929 Western Park Dr., Baltimore, Md. 21209 248 John Gartner, 601 Little Bourke St., Melbourne 3000, Australia 1135 Richard Murcott, 1036 Mayfair Road, North Baldwin, N. Y. 11510 Deceased 1350 E. Gail Hutchinson 1469 Mrs. Evelyn O'Brien 156 Francis J. Haynes Moved, No Forwarding Address 2106 Miss Leathel Hughes 1674 Morgan R. Johnson 1994 Charles Donoghue 1925 John H. Noe Correction in Name 2051 William C. Metcalf Resignations 976 E. B. Bloomquist 1544 F. Doud Mohr 601 J. Bradley 1075 Leonard R. Osman 897 John H. Bragg 1877 George F. Raviler 2163 Gordon A. Brandon 1985 Gees P. Sasburg 444 Ernest S. Craighead 1562 Leon Sidor 2090 Lewis L. Egnew 1886 John Skerjanec 1854 Garry P. Fellers 918 Karl W. Smith 1228 A. L. Hodson 1224 Howard F. Snure, Jr. 1027 William R. Hulse 2023 William J. Soost 2035 Robert B. Link 1861 L/C Arthur J. Swett 1864 Samuel Loconto 943 George C. Taylor 1916 E. W. Anderson 1633 Gene C. Mallette 878 Grant E. Anderson 1909 James McNeill 1989 Marvin E. Bixby 1607 Bertha Moretti 1794 Andrew Choma 1718 Miss Frances Navratil 1817 Rene C. Day 685 Nancy J. Opitz 1869 W. E. Dewar 157 Edward L. Oschman 1895 Mrs. Jean Hasting 1504 Jack K. Paul 394 Andre L. Helfer 2038 Henry Pierre 2026 Joseph Horka, Jr. 1763 Mrs. Russell F. Postern 842 Mrs. James A. Hughes 2028 Daniel D. Ray 241 Duane W. Kline 1920 Kenneth Richardson 860 540 472 Alois Laznik Thomas Lazorik Theodore T. Levy 1804 Joseph E. Seiter 2161 C. W. Thomas 969 Simon Baker 1454 Ernest N. Urfer LARGE SIZE NATIONAL BANK NOTE SHEETS Fr. 602: UNCUT sheet of four $5 notes, Third Charter. The Deseret National Bank of Salt Lake City, Utah. Folds between notes, dis- cernible on reverse only, otherwise crisp unc. 2. Fr. 382/389: CUT sheet of three $1, one Lazy $2, First Charter. The Moniteau National Bank of California, Missouri. Gem crisp uncirculated. 3. Fr. 621 /647: CUT sheet of three $10, one $20, RED SEAL, Third Charter. The First National Bank of Philadelphia, Penna. SHEET NO. 1, CHARTER NO. 1. Crisp uncirculated. Information and prices on request to all seriously interested collectors. M. PERLMUTTER P. 0. Box 48, Watertown, Mass. 02172 DEALERS LOTS OF Confederate Notes LOT # 1. 25 Criswell numbers, each note in cello- phane envelope with Cr. # and sug- gested retail price. Retail value $50.00 — my price, 25 notes $25.00 2. 10 Cr. # as above, nice assortment of better notes. Retail value $50.00 — my price, 10 notes $25.00 3. 15 Cr. # as above, a deluxe group fast selling scarce ones. Retail value $100.00 — my price, 15 notes $50.00 STATE AND BROKEN BANK NOTES 4. 25 in separate cellophane envelopes with suggested retail price. Some have Cr. #, others are unlisted in any Cata- log. Retail value $50.00 — my price, 25 notes $25.00 5. 15 as above; a nice lot of scarcer ones Retail value $50.00 — my price, 15 notes $25.00 Remit with order please. Satisfaction Guaranteed. ANA 7906 FUN 622 SPMC 1600 JOHN E. TIDWELL P. 0. Box 8040, Nashville, Tenn. 37207 Paper Money Is Our Specialty! O OBSOLETE BANK NOTES—Hundreds of diff. notes by states. ® UNCUT SHEETS—Obsolete Bank Notes over 200 diff. on hand. Special-100 diff. sheets $2,000.00 O COLONIAL—Always 300-400 Notes on hand. • CONFEDERATE—A nice stock at competitive prices. • FRACTIONAL—Small-Select-but growing. • U. S. CURRENCY—No rarities but substantial. • AMERICANA—Documents-Land Grants-Many other in- teresting collector's items. • FOREIGN NOTES An excellent stock. Approvals by countries. SO BUT If you are visiting in Fort Laudeidale visit our gallery—you may even like our antique jewelry and antiques. In the meantime send us your want list for ap- provals or send for our free price lists. AMERICANA GALLERY Box 4634, Fort Lauderdale, Florida 33304 H. F. JENNE A.N.A.—F.U.N.—A.P.S. BLOCK NUMBERS (An Investment Opportunity) 1935 6 pieces 1935-A 77 pieces 1935-B 11 pieces 1935-C 33 pieces 1935-D wide 39 pieces 1935-D narrow 39 pieces 1935-D ( 18 subj. ) 1 993355-1 6 pieces 54 pieces 18 pieces 1935-G 9 pieces 1935-H 3 pieces 1957 31 pieces 1957-A 18 pieces 1957-B 13 pieces Total 357 pieces (339 different of a possible 389). Many complete sets. Mostly Uncirculated. Catalog-G, S O'D $1886 Net Price $1200 Descriptive Pages $1 in stamps. LLOYD ROBERTS Box 292, Silver Lake, N. Y. 14549 Phone 716-694-3533 WANTED Obsolete Paper Money of South Carolina, North Carolina and Georgia WRITE FOR LIST OF UNCUT SHEETS FOR SALE. J. ROY PENNELL, JR. P. 0. BOX 3005 ANDERSON, S. C. 29621 WANTED • Maine and New Jersey Broken Bank Notes FOR MY COLLECTION • PLEASE WRITE ROBERT R. COOK 93 OVERLOOK ROAD UPPER MONTCLAIR NEW JERSEY 07043 SPMC 529 WANTED TO BUY Colonial Notes! Obsolete Notes! Premium for all small bills with the following serial numbers: 00000566 00000932 Especially interested in Pennsylvania ma- terial. Also need odd denomination ob- solete and all western notes. Write, Describe Fully, and Quote Best Price. If I need it, I'll pay the best price. FREDERICK G. WEBER ROUTE ONE OAK HILL ROAD EMMAUS, PENNA. 18049 Also purchasing AU £7 CU Large notes. DEALERS PLEASE SAVE THIS AD. STEPHEN HOCHMAN 111-59 44th Avenue Corona, New York 11368 ANA SPMC PMCM FRACTIONAL CURRENCY SERIES I buy and sell anything in the FRACTIONAL CURRENCY SERIES SINGLES SHEETS SHIELDS SPECIMENS PROOFS Try a specialist in this series for all your needs. SELL TO A SPECIALIST FOR THE BEST PRICE. Thomas E. Werner 505 N. WALNUT ST. WEST CHESTER, PA. 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 Please Contact WARREN HENDERSON Obsolete Currency Specialist P. 0. BOX 1358 VENICE, FLA. 33595 Low Priced Obsolete FRACTIONAL CURRENCY 1. 50¢-2nd. series STATE OF ALABAMA Jan. 1, 1863. Cr. #4 unc. $1.50 2. 25¢—Dominion of CANADA 1870 signed Dickin- son, and Harrington, no serial letter. Cr. 70-A very good plus, scarce $12.50 3. 50¢ STATE OF FLORIDA, Feb. 2, 1863. Cr. #20, 3 signatures, unc. $5.00 4. 50¢ STATE OF GEORGIA, Jan. 1, 1863, Regis- tered, green seal, #14, unc. $2.00 5. 50¢ PETERSON'S BRASS WORKS, New Orleans, La. 1862, good, (rare) $4.00 6. 50¢ CONFEDERATE STATES OF AMERICA 1864, 1st. series, unc. $2.00 7. 25¢ COLUMBUS LIFE & GEN'L. INSURANCE CO. 1864 Columbus, Miss. v.g. $3.00 8. 25¢ STATE OF NORTH CAROLINA 1863 Cr #145; printed on backs of North Carolina bonds, unc. at reduced price 9. 25¢ and 50¢ set of 2 notes BANK OF THE STATE OF S. CAROLINA 1863, good to very good, printed denom. also on reverse 10. 121/2¢ TOWN OF LEESBURG, VA. Sept. 24, 1861, good to very good 11. 15¢ THE HYDFVILLE CO., Hydeville, Vermont 1862, pink unc. Send payment with all orders. Satisfaction guaranteed. 5 day return privilege for full refund. HELEN H. WILLIAMSON ANA #20431 S.P.M.C.#1950 ORLEANS COIN SHOP 628 Belleville Ave., Brewton, Ala. 36426 LISTS AVAILABLE Write for list of large size, small size or Fractional U. S. Currency. If you collect obsolete notes, please tell me the states which interest you. Also have engraver's die proofs of vignettes and sample sheets. Will trade any of above for proof notes. Will also exchange proof notes for mutual benefit. G. W. WAIT Box 165 GLEN RIDGE, N. J. 07028 $3.00 $2.00 $5.00 $4.00 BUYING IOWA'S Iowa, loway, loa—However you say it, I need them for my collection. Broken Bank Notes Large and Small Nationals Interested in all, but especially the following: * FIRST CHARTERS * RED SEALS, V.O.B.'s * $50's & $100's Also collecting Nationals by state especially * THIRD CHARTER $5's * T2 $10's SMALL SIZE If you have some rare states for sale, offer them to me at your top dollar. If I need it, I'll buy it. DEAN OAKES R.F.D. 2 Iowa City, Iowa SPMC 1322 LM-ANA 510 WANTED • National Bank Currency LARGE OR SMALL Issued on Texas Banks WILL TRADE COINS, PROOF SETS, Etc. OR WILL BUY. • LET ME KNOW WHAT YOU HAVE ... . JOHN R. CULVER 107 WEST WALL STREET MIDLAND, TEXAS 79701 WANTED Please list and price any UnCut Sheets of Old Bank Checks you may have in case I can use. * * * Please list and price any UnCut Sheets of Broken Bank Bills you may have in case I can use. OR If you are interested in buying I have many nice duplicate Sheets of Old Bank Checks; also Sheets of Broken Bank Bills for Sale or Trade. ALSO I have quite a few single Obsolete Bills from dif- ferent States available should you be interested. I will Pay $200.00 for a Sheet of Old Bank Checks on the Original Bank of Giles of Pearisburg, Virginia. I will pay $400.00 for a Sheet of Broken Bank Bills on the Bank of Giles of Pearisburg, Va. Frank F. Sprinkle P. 0. Box 864, Bluefield, W. Va. 24701 THE OFFICIAL GUIDE OF LNITED STATES PAPER MONEY • ILLUSTRATED • LISTING AND PRICING OF LARGE AND SMALL SIZE NOTES. 1861 TO DATE Paper Back Pocket Edition $1.00 Deluxe Hard Cover Edition $3.00 THEODORE KEMM 915 West End Avenue New York, N. Y. 10025 Dolloff Coin Center offers the following rare and beautiful uncut sheets: D # 102-6 $2.00 1928-E Sheet of 12 $575.00 D # 102-7 $2.00 1928-F Sheet of 12 $395.00 D #105-5 $5.00 1928-D Sheet of 12 $725.00 D #105-6 $5.00 1928-E Sheet of 12 $475.00 D #205-6 $5.00 1953 Sheet of 18 $795.00 The following notes are all select crisp uncirculated. Some are the finest specimens we have ever seen. F # 26 $ 52.00 F # 274 $ 59.00 F # 27 $ 58.00 F # 321 $250.00 F # 30 $ 29.00 F # 368 $475.00 F # 39 $ 18.75 F # 599 $ 22.00 F # 67 $175.00 F # 713 $ 25.00 F# 80 $ 78.00 F# 717 $ 27.00 F #234 $ 17.50 F # 718 (Rev. ink error) $ 39.00 F #237 $ 13.75 F # 729 $ 25.00 F #242 $145.00 F #1187 $125.00 F #268 $245.00 F #382 $1.00 First National Bank of Yankton * Territory of Dakota * 1872 First Charter. Charter Number Overprinted Twice. Signed by Cashier & Vice President. This note in superb new condition $2,750.00 BROKEN BANK NOTES: $3.00 Piscataqua Exchange Bank Portsmouth, N. H. New and unsigned. Dated Nov. 6, 1852 $ 12.50 $5.00 Piscataqua Exchange Bank Portsmouth, N. H. Unsigned & Undated. New $ 7.50 Small Size Notes by Donlon numbers. The following notes as with all notes that we handle are select crisp uncirculated: ERROR NOTE: * Series 1935-E Silver Certificate $1.00 Note. Offset note with the obverse im- pressed on the reverse. This superb error note shows the entire obverse (not just apart as is the general rule) in full ink density. Definitely from the first sheet im- pression and as such is: Very Rare $ 195.00 LOW & UNUSUAL SERIAL NUMBERS: 102-1 A00000011A $175.00 201 -2 W00000074A $ 65.00 102-1 A00001111A 125.00 Buy both notes for only $275.00 201-3 B00000021 B $ 95.00 201-3 G00000021B 95.00 201-1 B00000011A $175.00 Buy the pair for only $150.00 201-1 B00000111A 150.00 201-1 F00001111A 125.00 201-7 A00000388A $ 65.00 Buy all three notes for only $395.00 DOLLOFF COIN CENTER 116 STATE STREET, PORTSMOUTH, N. H. 03801 d C C Call: 603-436-0332 Open: 10:00 AM to 8:30 PM For those of you who want the very best, Dolloff Coin Center is proud to offer this once-in-a-life time chance to own: 201-8 F00000001A For only $295.00 BLOCK NUMBER SPECIALS: 201-10 *B $ 45.00 201-11 KD $150.00 (Only 4000 Minted. Very Rare !) 201-12N *B $ 9.75 Small Size Currency at attractive. prices. Remember, all of our bills are select crisp uncirculated. 102-5 15.00 105-2 52.00 102-8 8.00 105-4 17.00 102-9 6.75 105-6 17.00 102-12 4.75 105-7 17.00 201-1 14.00 201-12W 4.00 201-2 8.00 201-13 4.00 201-3 10.00 201-14 2.00 201-7 7.00 201-15 2.50 201-8 12.00 201-16 2.00 201-9 4.00 201-16* 2.25 201-10 12.00 201-17 2.00 201-11 5.00 201-20 2.00 205-1 15.00 205-5 12.00 205-3 57.00 205-6 37.00 A205-2 27.00 H510 37.00 A210-2 37.00 H520-2 57.00 210-5*A 47.00 650 225.00 305-1 Type I I * A Cut Sheet of Six Crisp Notes * The Millerton National Bank * Millerton, New York $ 165.00 We have tried to give as wide a cross-section of material as possible. Many of the notes listed are one-of-a-kind. First check to our office takes the lot. On large orders, feel free to call us collect on any day except Wednesday. Want lists are respectfully solicited. We are always in the market to buy Maine, New Hampshire and Vermont material. Americana Gallery Will Pay IMMEDIATE CASH FOR Gold Coins — Coin Collections — Paper Money — Foreign and U.S. — Obsolete Bank Notes, Singles and Uncut Sheets — Colonial Notes — Fractional Currency — Confederate Currency — Old Large Size Bills — Bonds and Historical Documents — Civil War Broadsides and Documents — Lincolnia — Florida Historical Material and Paper Currency — Ornate Stock Certificates — Autographs — Old Maps and Atlasses — Medals — Antique Jewelry — Diamonds and Semi-precious Jewelry — Coin Bracelets — Stamps and Stamp Collections — Old Envelopes — Early Advertising Material and Other Unusual Items. WE PURCHASE WHOLE ESTATES — CALL US FOR APPOINTMENT. SAVE THIS CARD FOR REFERENCE We Buy, Sell and Trade .. . Americana Gallery PHONES 565-7354--Evenings 522-3630 Hours 9 A.M. TO 5 P.M. MAIL ADDRESS P.O. Box 4634 Fort Lauderdale, Fla. 33304 A.N.A. — F.U.N.—A.P.S. H. F. JENNE 2701 East Sunrise Blvd. Room 412, Sunrise Bay Bldg. Fort Lauderdale, Fla. 33304 o Deposit. MAIL BID NO. 3 Closes July 9, 1968. Silver Certificates $1.00 Lot No. Lot No. U. S. Notes $5.00 1 2 5 7 3 4 6 1928 1928A 1935A 1935A G-A Good G-A Good I-A Good T-A Filler Hawaii S-C Filler S-C Fine Nth Afr. I-C VG 40 41 42 43 44 45 1928C G-A Fine/VF 1953A B-A Fine 1953B C-A Fine 1963 00 Star VF/XF Star XF Unc. 8 9 1935A 1935B AU AU Federal Reserve Notes $5.00 10 1935D(N-12) Z-F AU 46 1929 J Brown Seal VF 11 D-03-J XF 47 J Brown Seal VG 12 1957 Star B Unc. 48 1934 Muled F Lt. Green Fine Silver Certificates $5.00 49 50 1934C 1950 H XF J XF 13 14 15 16 19 17 18 1934A Nth Aft. K-A Fine 1934A J-A VF/XF 1953A Star 27610954A Fine Above note is "higher than observed" F-A Unc. F-A VF/XF 1953B F-A VF/XF 51 52 53 54 55 56 57 58 59 1950A 1950B 1950C 1950D J Star 00 Unc. J Unc. H XF/AU H Unc. I VG J Star Unc. J Unc. J Fine Silver Certificates $10.00 Federal Reserve Bank $10.00 20 21 22 23 1934A North North North North Afr. A-A F/VF Afr. A-A Fine Afr. B-A Fine Afr. B-A VF-XF 60 1928B B VF 61 1934A G VF 62 1934B B VF 63 1934C G VG U. S. Notes $2.00 64 65 1950 1950B J Unc. J Fine 24 1928 ....A-00-A Good Corners off 66 1950C J Star Unc. 25 1928D C-A Good Corners off 67 Unc. 26 1928F D-A VG 68 1950D J Unc. 27 1928G D-A XF 69 1950E G See Donlon AU 28 E-A VF 70 XF 29 1953 A-A F/VF 71 1963 .8 0000 Star Unc. 30 Star 00A VG/Fine 72 00 Star Unc. 31 1953A XF 32 1953B XF Federal Reserve Notes $20.00 33 6 Conseq XF 34 1953C XF 73 1929 G ..Brown Seal 000 35 4 Conseq Unc. VF/XF 36 5 Conseq Unc. 74 C Brown Seal 00 F/VF 37 1963 Star 00 Unc. 75 1928 10th Dist (J) VF 38 7 Conseq Unc. ; 76 1934 J ....Light Green Unc. 39 Unc. 77 J ..Lt Green Muled AU Lot No. 78 1934A G Muled AU 79 G VF/XF 80 H XF 81 L XF/AU 82 1934B A VF/XF 83 F Fine 84 H AU 85 J AU 86 1934D J XF 87 L VF/XF 88 1950 J XF 89 1950B H VF 90 1950C F XF 91 K VF/XF 92 1950E L VF/XF 93 1963 J Star 000 AU 94 1963A J 00 Star Unc. 95 1963A Unc. 96 Federal Reserve Notes $50.00 97 1928 7th Dist (G) XF 98 1934 J .Light Green XF/AU 99 National Currency 1929 Brown Seal Type 2 $10 100 National Bank of Unionville Mo. 000384 VF 101 First Nat Bank & T Co of Okla City VF 102 Boonville Nat Bank Mo. 002128 XF 103 Waynesville Nat Bank Ohio 000231 XF Also 104 Bank of Canada $2.00 1954 Beattie - Ras'sky Fine 105 Fractional Currency 10c 5th issue Filler PHIL. A. MacKAY 4446 MADISON AVENUE KANSAS CITY, MISSOURI 64111 SPMC #1742 A.N.A. 48780 am liquidating extras. This is your opportunity!I have retired and ...FLASH... • The famous Texas National Bank Note Collection of Mr. William A. Philpott, Jr. of Dallas has been purchased by us, and is now being broken up and offered for sale. It contains the following items: 1. NOTES FROM MOST EVERY NATIONAL BANK IN TEXAS THAT ISSUED THEM ALONG WITH MOST SIGNATURES OF THE BANK OFFICIALS. 2. UNCUT SHEETS FROM SEVERAL TEXAS BANKS. MANY ARE NO. 1 SHEETS. 3. NO. 1 NOTES FROM MANY BANKS BOTH LARGE AND SMALL. 4. SET OF BANK NOTES WITH SIGNATURES OF ALL TEXAS BANKERS ASSOCIATION PRESIDENTS, ASSOCI- ATED WITH NATIONAL BANKS THAT SIGNED NOTES. 5. MANY FIRST CHARTER NOTES FROM TEXAS BANKS. SEVERAL UNIQUE. WILL FURNISH LIST ON REQUEST. • BAIN - BROWNLEE -ROWS 1418 COMMERCE STREET, DALLAS, TEXAS 75201 YOU ASKED FOR IT! A Popular Priced Information-Packed Guide Book Cover- ing All Issues U. S. Large Size Notes 1861-1923. LATEST VALUATIONS BUT NOT JUST A PRICE CATALOG! "UNITED STATES LARGE SIZE PAPER MONEY" BY WILLIAM P. DONLON With Donlon Simplified Code Numbering IC) Adapted To Series 1861- 1923. First Popular Priced Catalog To Convav Information Essential To The Neo- phyte and Experienced Collector, Including HOW TO DETECT COUNTERFEIT NOTES. SECURED THROUGH THE CO-OPERATION OF THE TREASURY DEPARTMENT, U. S. SECRET SERVICE. COMING SOON! PRICE $2.50 AT YOUR DEALERS OR DIRECT FROM DONLON. LIMITED PRE-RELEASE AUTOGRAPHED, NUMBERED COPIES Sent to you by First Class Mail, one week in advance of release date. Numbers assigned as checks are received. Order today $3.50 ppd. Airmail 50c additional. Experience of over 35 years, collecting, buying and selling, U. S. Paper Money, plus over two years of extensive research, have made possible this informative contri- bution to numismatic literature. Valuation based on experience as to the availability and the demand for the vari- ous issues. You might save more than the price of this book on the purchase of a single large size U. S. note. Keep informed! Order today! For U. S. Small Size notes, you need Donicn's "U. S. SMALL SIZE PAPER MONEY" Only $1. The little book with the big impact. WILLIAM P. DONLON KNOW. EDGE United States Currency Exclusively and Full Time! UTICA, NEW YORK 13503 PROfissionk NUMISMIITISTs PO Br S. P. M. C. No. 74 P. 0. BOX 144 1 .4, 4.4",,,,, A.N.A. 4295 Life Member No. 101