Paper Money - Vol. VIII, No. 2 - Whole No. 30 - Spring 1969

14SINNtik.*W1 " Kt000.>'' AtLiUttaill S"tqfge 1114. :1144411141 Sj.:4000.044 tttl 4117111Ellt 141311 ,11 11411-71t3S 14, 0:1111 #141:41qeetavevoy",_...M.LLphetw. ,Ntli VAillifOri 447r. "=14:4' Paper litehq DEVOTED TO THE STUDY OF CURRENCY r"4"42( Second Charter note of the San Miguel National Bank of Las Vegas, N. M. inspires M. Perlmutter's sketch on Page 51 of that quiet town sometimes confused with a more blatant resort in Nevada. VOL. 8 1969 No. 2 Whole No. 30 OFFICIAL PUBLICATION OF Cociet9 off Paper Xotteif Collectom C) 1969 by The Society of Paper Money Collectors, Inc. ry SMALL SIZE NOTES Crisp New if not stated otherwise. #Indicates not well centered (all others are). Star Note. A Trial Order will make you a "Bebee Booster". $1 SILVER CERT. 201-1 1928 EF 4.95 11.95 201-2 1928A #8.65 9.95 VF 3.35, AU 4.75 201-3 1928B #11.95 13.50 201-4 1928C Write 201-5 1928D Write 201-6 1928E Wanted Write 201-7 1934 #6.95 8.95 201-8 1935 #6.65 8.45 201-9 1935A AU 1.95 #2.95 3.95 201-10 1935B 10.75 201-11 1935C #3.85 4.95 201-12W 1935D Wide Margin #3.65 4.50 201-12N 1935D Narrow Margin #2.35 3.95 201-13 1935E 2.95 201-15 1935F 2.50 201-18 1935(1 Motto 3.35 201-17 1935G No Motto #1.95 2.65 201-20 1935H #1.75 2.45 201-14 1957 *2.75 2.25 201-16 1957A *2.75 2.25 201-19 1957B *2.75 2.25 Special-1928 to 1957B (18) No 1928C, D, E 85.95 1935D to 57B Set (10) 22.95 NORTH AFRICA A201 1935A $1 14.50 A205-2 1934A $5 24.95 VF 12,95, ExF 15.75 A210-2 1934A $10 28.95 VP 16.95, ExF 18.95 Crisp AU 20.95 HAWAII ISSUE 14201 1935A $1 #6.75 7.95 No. under 1,000 18.95 No. under 2.000 15.95 HSO5-1 1934 $5 54.75 HSO5-2 1934A $5 #31.75 35.75 14510 1934A $10 CU Wtd. 44520-1 1934 $20 39.75 VF to CU RED 'P," & "S" PAIR Write 14201, 5201 #137.95, Superb Pair . 147.75 Pair-Last 2 Nos. match #152.75 Nice 159.75 $5 SILVER CERT. 205-.1 1934 17.95 205-2 1934A AU :1.00 12.95 205-3 193413 41.95 ExF 14.95, AU 18.95 205--1 19340 16.95 205-5 1934D 14.75 Autographed by Georgia Neese Clark 29.95 205-6 1953 13.95 205-7 1953A #7.75 9.50 205-8 195313 #7.75 9.50 $10 SILVER CERT. 210-1 1933 Wanted 210-2 1934 37.75 210-3 1934A 37.75 210-4 1934B Write 210-5 1934C 19.75 210-6 1934D 19.75 210-7 19 53 27.75 210-9 I953A 27.75 210-9 19538 #22.75 25.95 $1 LEGAL TENDER 101-1 1928 #22.95 26.95 Under 2,000 #32.95 38.95 Under 5,000 #29.75 34.95 $2 LEGAL TENDER 102-1 1928 39.75 102-2 1928A Pay $125.00 Um'. 102-3 1928B Wanted Write 102-4 1928C #18.95 24.95 102-5 1928D #14.95 19.95 102-6 1928E #31.50 34.95 102-7 1928F #13.95 19.95 102-8 1928G #10.95 14.95 102-9 1953 #5.75 6.95 102-10 1953A #5.35 6.75 102-11 1953B #3.50 5.50 102-12 1953C 4.95 102-13 1963 *4.95 3.75 102-14 1963A 3.95 $5 LEGAL TENDER 105-1 1929 AU 16.50 39.75 105-2 1928A #54.50 63.50 105-3 1928B 29.50 105-4 1928C 21.50 105-5 1928D Wanted Write 105-6 1928E 20.95 105-7 1928F 19.75 105-8 1953 20.75 105-9 1953A 11.95 105-10 1953B 12.75 105-11 1953C 10.75 105-12 1963 6.95 $5-$100 FED. RESERVE Please ask for latest List. Closing out these Green Seal Notes. $1 FEDERAL RESERVE BANK NOTES Regular Set, Last 2 Star Set, Las t Sets Nos. Match Star Set 2 Nos. Match 1963 Granahan-Dillon Set (12) 17.95 18.95 22.95 25.95 1963A Granahan-Fowler Set (12) 16.95 17.95 21.95 24.95 Both Sets-Last 2# Match - 36.95 - 48.95 1963B Granahan-Barr Set-Five Districts 6.95, Last 2# Match 7.95 Last 3# Match 8.95 TOM'S CURRENCY ALBUMS For Above Sets. Pages for $1 Barr Set-and Elston-Kennedy Soon. Let us know your requirements and we'll advise as soon as available. Following Postpaid: #111 For 1963 Set (12) $3.65, #111A For 1963A Set (12) 3.65 Deluxe Post Binder (101/2x11") for above Sets 4.50 FLIP UP ALBUMS ANCO ALBUMS Capacity 50 Notes. Postpaid. Deluxe Currency 9 1/2 )(11 1/2. 1. For Large Notes 12.50 Available in Red, Blue. Green, White, or 2. For Small Notes 10.50 Brown Binders. Postpaid 7.95 IMPORTANT BOOKS-Postpaid Your Name in Gold on Albums or Books, if desired. 1)onlon's "Catalogue of Small Size Paper Money." 1st Edition 5.95 2nd Ed. $2.75, 3rd Ed. $1.50, 4th Ed. $1.00, New 5th Ed. 1.50 "U.S. Large Size Paper Money." 1861 to 1923 3.00 Friedberg's "Paper Money of the United States." 6th Edition 14.00 Kemm's "Official Guide of U.S. Paper Money." Paper cover, 1st or 2nd Edition 1.00 Shafer's "Guide Book of Modern U.S. Currency." Uses Donlon Nos. 2nd Edition, while few last $1.25, New 3rd Edition 2.15 BUY ON OUR E-Z PAYMENT PLAN $100.00 Minimum Lay-Away Order No Carrying Charges. Terms: 4 to 10 Months. Write. 100% Satisfaction Always. Minimum Order $5.00 (except Books). Add 50c if less than $50.00, (or 75c for Airmail Shipment). Nebraska Residents add Sales Tax. NOWITDGE CIUMIED RESPONSIBILITY 00FESSIONk NUMISMRTISTS %btu). INC ' Bebee's, inc. "Pronto Service" 4514 North 30th Street Phone 402-451-4766 Omaha, Nebraska 68111 Paper iitenq VOL. 8 NO. 2 SECOND QUARTER 1969 WHOLE NO. 30 PUBLISHED QUARTERLY BY THE SOCIETY OF PAPER MONEY COLLECTORS Editor Barbara R. Mueller, 225 S. Fischer Ave., Jefferson, Wis. 53549 Publisher J. Roy Pennell, Jr., Box 3005, Anderson, S. C. 29621 Direct only manuscripts and advertising matter to Editor. Direct all other correspondence about membership affairs, address changes, and back numbers of Paper Money to the Secretary, Vernon L. Brown, Box 8984, Fort Lauder- dale, Fla. 33310. Membership in the Society of Paper Money Collectors, including a subscription to Paper Money, is available to all interested and responsible collectors upon proper application to the Secretary and payment of a $4 fee. Entered as second-class matter July 31, 1967, at the Post Office at Anderson, S. C. 29621 with additional mailing privileges at Federalsburg, Md. 21632, under the Act of March 3, 1879. Non-member Subscription, $5.00 a year. Published quarterly. ADVERTISING RATES One Time Yearly Outside Rea: Cover $37.50 $140.00 Inside Front & Rear Cover 35.00 130.00 Full Page 30.00 110.00 llalf Page 17.50 60.00 Quarter Page 10.00 35.00 Issue No. 31 Issue No. 32 Schedule for 1969 Advertising Publication Deadline Date Aug. 15, 1969 Sept. 15, 1969 Nov. 15, 1969 Dec. 15, 1969 CONTENTS Third Process Inverts—How and When, by R. H. Rockholt 35 Looking at Literature 36 Paper Money Issued by Railroads in The Confederate States of America, by Everett K. Cooper 37 The Philadelphia, Newton & New York Railroad Company, by William B. Warden, Jr. 41 "Go Fight City Hall," by Forrest W. Daniel 41 The "Thirty Day" Series, by Nathan Goldstein II 42 Another Lost Cause, by Paul E. Garland 43 Rawdon, Wright, Hatch & Edson Prospectus, 1853, by Warren S. Henderson 46 The United States Military Payment Certificate Story, by Raymond S. Toy 48 Las Vegas, New Mexico, by M. Perlmutter 51 Paper Money Exhibits Star at CSNS Show 55 THE SOCIETY OF PAPER MONEY COLLECTORS, INC. New SPMC Obsolete Currency Book 36 Catalogue of SP1VIC Library 52 Affleck Wins Award 53 Secretary's Report 54 SPMC Nominations 55 Cocietv ol Paper #tonel Collector-4f 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 I. T. Kopicki, 5088 S. Archer Ave., Chicago, III. 60632 APPOINTEES-1968-69 Librarian Barbara R. Mueller Attorney Ellis Edlou BOARD OF GOVERNORS-1968-69 Thomas C. Bain. William P. Donlon, Harley L. Freeman, Nathan Goldstein II, Maurice M. Gould, Warren S. Henderson, Alfred D. Hoch, Richard T. Hoober, John H. Morris, Jr., Charles O'Donnell, J. Roy Pennell, Jr., Matt Rothert, Glenn B. Smedley, George W. Wait, M. 0. Warns. 2111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111iE==— a" =-Important NoticeE E = E E Paper Money Is A Copyrighted Publication == 1-- = No article originally appearing in this publication, or part thereof or condensa - E== =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- E If: prints. they cannot allow indiscriminate use of the material from PAPER MONEY in r= = 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 PAPER MONEY and our contributors. = E== M111111111111111111111111111111111111111111111111111111111111111111iiiiimillifillfi11111111111111111111111101111111111111111111111111111111111111111111111111111111111111111111111111111ifil0 wiiti i 1 .1.1.1)stvrEs ()FAME 9969 1111122=1101.1 THE UNiTED st∎TI- 1NIEttliA ‘11. 1:10 STSEES \ I t. 1 4.114. WHOLE NO. 30 Paper Money PAGE 35 Third Process Inverts - How and When By R. H. For several years, I have been interested in collecting currency errors. As I progressed, I began to wonder how and when certain errors occurred and how fre- quently the same errors occur. My specialty in currency errors is third process inverts . . . upside-down serial numbers and signatures to those of you not familiar with the terminology. Third process errors occur when a sheet of partially printed currency is removed from a stack by an inspector for a visual check and is returned to the original stack, but inadvertently rotated 180 de- grees from its original position. The first process in- volves printing only the reverse of the note, while the second process prints the border, cameo, sheet position, and plate number on the front, all black ink items except the signatures and series indication, so the third process errors occur only after the completion of the first two processes. Although my invert collection consisted only of $1, $5. and $100 invert notes. I knew from my own collect- ing experience that the $10 and $20 invert notes were known to exist. I have since learned that the $2 and 81.000 denominations with third process inverts are held in private collections, but as yet the $50 and $500 de- nominations have not been discovered. According to the Treasury Department, the signatures and series year were engraved on the plates used for printing the face of all $1 Silver Certificates of series 1928. 1928A, 1928B, 1928C. 1928D, and 1928E, as well as those of series 1934. These notes were printed in sheets of 12-subjects each. Subsequent to the printing of the faces in black, the seal and serial numbers were overprinted on the notes in blue on sheet-fed. single- color, typographic presses. Beginning with the 1935 series, the series year and signatures were overprinted in black at the same time as the serial numbers and the Treasury seal were overprinted in blue. The overprinting of the series year and the signatures along with the series numbers and seal on all $5, $10, $20. $50, and $100 Federal Reserve Notes began with the 1950 series. The same process was employed on the $2 and $5 United States Notes and the $5 and $10 Silver Certificates with the 1953 series. What I had not anticipated learning came through a chance discovery in comparing some pictures of inverts involving $1 1935E Silver Certificates plus correspond- ence with Nathan Goldstein II, author of the "Paper Money Periscope" column appearing in Coin World. Mr. Goldstein was aware of a note of this series with only the signatures and series year inverted. I. however, dis- covered that the 1935E series $1 Silver Certificate exists with a total of three different varieties of third process inverts: 1. Complete third process invert 2. Serial numbers and Treasury seal only inverted (signatures and series year normal) Rockholt 3. Signatures and series year only inverted (serial numbers and Treasury seal normal) So far, there are an equal number of notes known to exist of each of these varieties. Courtesy Hobby Sales, Minneapolis Type 1, complete third process invert Courtesy Theodore Kemm Type 2, serial numbers and Treasury seal inverted Courtesy Nathan Goldstein II Type 3, signatures and series year inverted Correspondence with Michael L. Plant, Superintendent, Management Services, Division of the Bureau of En- graving and Printing, indicates that during April 1952, a decision was made in the Bureau to study the feasi- bility of printing currency in 18-subject sheet size instead of the 12-subject size. This procedure was adopted for the production of $1 notes, and steps were taken to adapt the process to include all classes and denominations. However, it was found that the overprinting presses then in use could not be modified to handle the larger sized sheets, and it was necessary for a new rotary, typographic press to be designed for use by the Bureau. Since it was anticipated that these presses would not be available until early in 1954, it was expedient to utilize other means by which the notes could be overprinted. PAGE 36 Paper Money WHOLE NO. 30 Accordingly, two single-color, flatbed presses which were already installed in the Bureau were put into serv- ice in September 1952, another in October 1952, and two others in July and September 1953, respectively, to perform the overprinting operation. Production on the first four of these presses was terminated during the latter part of January 1954, while the fifth was continued in production as late as March 28, 1954. Production from the single-color presses also was supplemented by the acquisition of seven two-color, flatbed presses late in 1952 and the early part of 1953. The use of the single-color, flatbed presses required each of the overprinting operations to be performed in separate press runs, thereby requiring a fourth process to overprint either the signature and series year or the serial numbers and Treasury seal—whichever process remained unfinished at that time. Mr. Plant also indicates that a small portion of the 1935D series $1 Silver Certificates were overprinted utilizing the fourth overprint process. However, no in- verts other than complete third process inverts are known to me to exist in this series. The remaining portion of notes of series 1935E and subsequent series 1935F, 1935G. and 1935H were printed on the new two-color, typographic presses. If your collection includes any third or fourth process inverts in any series or denomination, I invite your correspondence. New SPMC Obsolete Currency Book Texas Obsolete Notes and Scrip By Bob Medlar Here we have a complete, painstaking coverage of Texas obsolete currency—bank notes, Republic of Texas issues, city, county and private scrip, and Treasury Notes of the Civil War era. It is a handsome bound volume of 204 glossy pages (81/2x11) with 240 full- size illustrations. Texas scrip notes are generally rare, and few collectors can hope to have anywhere near a complete collection, so this book will be extremely valu- able to them as a reference. Rarities are indicated for each note and prices indicated for each rarity. This book will be valued by collectors, dealers and historians. It should be in every public library and historical society in Texas. This is the second book of a series sponsored by the Society of Paper Money Collectors which eventually will provide a catalog of all American obsolete currency other than Colonials, Continentals and Confederates, which are adequately covered in other references. The Texas book is priced at $6.00 to members of SPMC and is obtainable from J. Roy Pennell, Jr., Box 3005, Anderson. South Carolina 29621. The first book of this series, Florida Obsolete Notes and Scrip by Harley L. Freeman, is still available from Mr. Pennell at a mem- ber's price of $4.00. The regular retail prices are $10.50 for Texas and $5.00 for Florida. GEORGE W. WAIT Looking at Literature "National Bank Notes, Series of 1929", by Peter Huntoon, P. 0. Box 4051, Tucson, Arizona 85717; a chapter out of the Standard Handbook of Modern United States Paper Money, second edition, available Spring 1969 for $1.00. The author of the chapter on small size National Bank Notes has done a nice job of bringing together the basic information surrounding the 1929 series of National Bank Notes. He covers, briefly, the basic items found on all small size nationals, how they were printed, how they were issued, and the different block combinations that can be found within the series. His comments on sleepers and under-rated states bring to light his findings as a dealer in National Bank Notes. The author has made a further breakdown of the usual rarity table by states that is found in most cur- rency books dealing with National Bank Notes. He gives a separate rarity figure for large towns and small towns within each state. This emphasizes the point that notes on small towns are scarcer than notes on large towns within the same state. Next is found a realistic listing of suggested values for all denominations, $5 through $100, in both type one and type two for each rarity level, one through eight. Prices are given for two different conditions, VG-F and C. U. The inclusion of a price for notes in VG-F will he welcomed by the "average" collector. The illustra- tions are excellent and will give the collectors of this series a chance to see a note or two that is seldom seen. The final section of the chapter deals with a phase of collecting that is just starting to be explored. It deals with the different sizes and styles of type used by the Bureau of Engraving and Printing to imprint the hank title, the city, and the state on the face of the small size National Bank Notes. This section should bring about a more detailed study of the 1929 series of nationals which has been somewhat neglected for years. The author has included illustrations of the different sizes and styles of type that have come to light so far. This will aid collectors in categorizing their notes. Also included is a suggested price increase for the different sizes and styles of type. Time will undoubtedly add further information to this phase of collecting 1929 National Bank Notes. The author is to be commended for opening this new area to the general collector and for a job well done. I would heartily recommend the purchase of this book by anyone interested in small size National Bank Notes. LOUIS VAN BELKUM (Continued on Page 50) WHOLE NO. 30 Paper Money PAGE 37 N." zo. —3mr. Paper Money Issued By Railroads in The Confederate States of America By Everett K. Cooper The astute Confederate diarist R. G. H. Kean, who served as head of the War Department in the Richmond government, very aptly summarized the causes of the Confederacy's failure to successfully achieve separate independence. The prime cause, according to Kean, was not military but a bankrupt treasury which spawned a multitude of other factors creating the "Lost Cause." An important "other" factor was the decay of railroad transportation. This decay of the railroads, according to Kean's diary, published as "Inside the Confederate Government," was only partly caused by their economic problems; other circumstances such as lack of railroad iron, equipment, supplies, manpower and hostile enemy action were contributing factors. That a number of these Confederate railroads (17 out of a total of 119) found it necessary themselves to add to the impending disaster by issuing their own currency is an irony of history. However, in their defense it would appear that much of their issue was to alleviate the small-change problem created by the disappearance of hard specie money and the reluctance of the Confederate government to issue fractional denomination notes. Some generalizations can be made in regard to the paper money issued by the railroads: (1) it would appear that the 25c denomination note was the most common. with the 50c denomination a close second; (21 the period when issues were most prolific ran from Decem- ber 1861 through September 1862; (3) the one operat- ing railroad issuing notes in denominations greater than 85 apparently did so in limited quantities. The state of Georgia was directly involved in the ownership of a railroad, and several of the state-issued notes carried Lie legend of their being acceptable by the railroad. For the paper money collector, specialty collecting of these railroad-issued notes in combination with their great historical background in relation to the American civ il War provides an interesting field of activity. Most of these railroads are woven into the fabric of that great conflict. This article provides a listing and brief de- scription of known notes and a condensed historical background of the railroads' part in the War Between the States. It is obvious, as with any such attempt, that the listing is not complete; it is also apparent from denomination gaps in some issues that the future will further add to the listing. THE ALEXANDRIA, LOUDON AND HAMPSHIRE RAILROAD COMPANY This railroad had the distinction of having given the shortest period of service to the Confederacy. Running 37 miles from Alexandria, Virginia, it followed north- west the banks of the Potomac River. Directly in the shadow of the Federal capitol, it was obviously an easy prey to Northern seizure. The Virginia legislature on May 23, 1861, verified the mandate of its electorate and passed the secession act. The following day the railroad was seized by the Federal government. The only issue of currency by this railroad was dated the day after seizure although it would seem that the currency must have been authorized during the period when Virginia was part of the Confederacy, at least in spirit if not in legislation. PAGE 38 Paper Money WHOLE NO. 30 THE CENTRAL RAILROAD AND BANKING COMPANY OF GEORGIA This Savannah-based railroad ran into the hinterland of Georgia to Macon where it provided a principal artery for the movement of cotton to the seaport of Savannah. Economically successful, it entered the war with an adequate rolling stock and capable maintenance and construction shops. The vicissitudes of war forced the yielding of these Savannah shops to the fabrication of war supplies and of rolling stock to other railroads. Late in 1864 the real hazards of war were thrust upon it as Sherman continued his march from Atlanta to the sea. Enroute he partly followed and destroyed the way of this railroad. CLINTON AND PORT HUDSON RAILROAD COMPANY This small railroad stretched from Port Hudson, Louisiana, on the Mississippi River inland to Clinton, Louisiana. After the fall of Vicksburg, the river war ended a few days later when Port Hudson succumbed. Its single issue of currency was made after the fall of New Orleans to the south and before the serious cam- paign to the north to capture Vicksburg. GRAND GULF AND PORT GIBSON RAILROAD COMPANY Probably the shortest mileage railroad to issue cur- rency, this road connected these two Mississippi River towns. Grand Gulf fell to the Federal army in May 1863 during the Vicksburg campaign. HERNANDO RAILROAD AND BANKING COMPANY A non-existent road as far as tracks were concerned, this was located at Hernando, Mississippi on the north- south line of the Mississippi & Tennessee Railroad. Holly Springs directly to the east was an important Mississippi town, and it is conceivable that a connecting link between these two towns and railroads would have been desirable. The $20 note, with a hand-written date, was issued after the hostilities had commenced seriously but it is of a style and engraving indicating a pre-war printing. THE MANASSAS GAP RAILROAD COMPANY Civil War history in its embryo stage swirled around this very historic road. The initial major battle, First Manassas, focused on its eastern terminus at Manassas Junction. At this point it joined the Orange and Alexandria Railroad, which made it a strategic supply point for both armies during the war. From this junc- tion it headed westward towards the Shenandoah Valley. Passing through Manassas Gap it went to Front Royal, Strasburg and Mt. Jackson. Historian John McMaster tells the story "of a man who came to Alexandria to buy salt. He offered in payment notes of the towns of Warrenton, Charleston, Leesburg, Winchester and shinplaster issued by the Manassas Gap Railroad." At the end of 1862, with the battles of First and Second Manassas now history, the statistics of this railroad showed that 19 miles were in Confederate con- trol, 35 were in Federal control, 23 miles were abandoned and none was in operation. At the end of the war in 1865, it is reported that there was little trace of a road- bed and only two parallel lines of rust running between Manassas Junction and Strasburg. The single issue of currency was made before the railroad suffered any war damage and only a few weeks before the first great battle at Manassas. THE MISSISSIPPI CENTRAL RAILROAD COMPANY The Mississippi Central, steeped in the history of the Vicksburg campaign, routed from a junction with the Mobile & Ohio Railroad at Jackson, Tennessee south to a junction with the Memphis & Charleston. Then it continued south in the state of Mississippi to Canton and a junction with the New Orleans, Jackson & Great Northern Railroad. The seesaw of battling armies in northern Mississippi in 1862 and 1863 followed the routing of this railroad as the forces utilized it for their military logistics. Holly Springs, headquarters for the railroad, figured promi- nently in the war activities and was a well-defended Con- federate position. Two issues of currency were made by this railroad. The first and more prolific issue was engraved by Douglas of New Orleans, but the second issue made after the date of New Orleans capture was done by the well-known firm of J. T. Paterson and Company. THE MISSISSIPPI AND TENNESSEE RAILROAD COMPANY Construction of this railroad was completed only a few months after the guns began firing at Fort Sumter. It provided a connecting link for north central Mississippi with the river town of Memphis. Originating in Grenada, Mississippi, it ran northwest through the state into Tennessee and terminated at Memphis. It also served as a connecting link with the Mississippi Central Railroad at Grenada and the Memphis & Ohio as well as Memphis & Charleston, both at Memphis. This railroad was located in the active 1862-1863 war zone. Memphis fell in June 1862, and extensive Con- federate army fortifications were installed the same year near Grenada in the early phase of the Vicksburg cam- paign. Therefore, by 1864 the railroad found itself with little or no right of way for operations and, of necessity, leased its rolling stock to other railroads. It is interesting to note that the first currency of the railroad was printed in Memphis, where State of Missis- sippi currency was also printed. Both utilized some common vignettes. A few months after printing of the first issue Memphis was captured. Thus the second issue was apparently produced by a local job printer else- where. MOBILE AND OHIO RAILROAD COMPANY This 469-mile, north-south railroad was completed on April 22, 1861. It was originated at Mobile, Alabama with the intent of connecting the rapidly growing Mid- west with this Gulf Coast seaport and terminating at Columbus, Kentucky. This railroad was the longest single line in the Confederacy and provided unification for what the military called the Western Theatre. As with some other Confederate railroads, its maintenance shops were utilized to produce ordnance material for the Ah s deco Ormgeb 0 fr . Mo) F iaalG Flip ia ..:1144,04 4 I A S3 91 PAGE 39WHOLE NO. 30 Paper Money Ich3 Le.gilecle nay Ore. Nilm 31.0vine'hal Ke n% yingt Chad l it. Smith Memphis ors,ilk N(v; Berui.„. G r ripe IS'est Po n 1:AIL&OAD; IN CGNFEDERATE Heayy lire, railroads iss'_;ing paper money .10S.11188848:8•41111 Sc. Mau, 87 L031.3113416 W359 86 tract Greauwich. 83 01 Nor .alt army. The city of Mobile was a large stockholder in this enterprise because of its obvious economic in- terest in the company's success. In 1861 the railroad was already in serious financial trouble; coupled with the hazards of war, by 1865 it found itself financially bankrupt. Its strategic location made it the focal point of much of the movement of troops and supplies plus the target of enemy destruction. The withdrawal of Confederate forces following the Battle of Shiloh caused much destruction by the Federals to the railroad near Corinth, Mississippi. The famous Grierson Cavalry Raid, as a diversion, did some serious destruction to this railroad. Its single issue of fractional currency appeared early in the war and prior to its first taste of the destruction by Federal railroad wreckers. NEW ORLEANS, JACKSON AND GREAT NORTHERN RAILROAD COMPANY A rival to the Mobile & Ohio Railroad in intent to connect the growing agricultural Midwest to the Gulf Coast, this line had been in operation since 1858. At the time of the war its tracks extended from New Orleans north to Canton, Mississippi. With the Federal capture of New Orleans, the railroad hurriedly assisted in the evacuation of government supplies. Later during the Federal siege of Vicksburg, the Confederate garrison commander General Pemberton bitterly complained about the handling of supplies by this railroad. By the end of 1863 most of the road lay in ruins, and at the end of the war when it was returned to the owners it was in a state of complete ruin. The task of rehabilitating the railroad after the war was managed by former Con- federate General P. G. T. Beauregard, who later became its president. Three different issues of low denomination paper money were made by this railroad, two of them in early 1861 while its headquarters were in New Orleans. The final issue in 1862 was made after the capture of New Orleans from its new headquarters at the other end of the line in Canton, Mississippi. ROME RAILROAD COMPANY Although of short length, this road was often involved in internal Confederate discussion and politics and later was directly in the path of Sherman's advance to Atlanta. Branching off from the state-owned Western & Atlantic in northern Georgia, it traveled short mileage to Rome, Georgia and the iron ore deposits in that area. The need for iron ore at the munitions center of Selma spurred development west beyond Rome towards the Alabama & Tennessee Railroad. However, accomplish- ment was limited to only preparation of the road bed and nothing further. SOUTH CAROLINA RAILROAD COMPANY The capital of South Carolina and its hinterland were tied to the state's chief port by this railroad. From PAGE 40 Paper Money WHOLE NO. 30 Charleston it went west through the state to Augusta, Georgia, with a branch also north to Columbia, South Carolina. It suffered little damage until the last few months of the war. THE SOUTHERN RAILROAD COMPANY OF MISSISSIPPI The Southern, headquartered in Vicksburg, covered a vital part of the lower Confederacy from Meridian through Jackson to Vicksburg. The road was to play an important part in the Vicksburg campaign, as it pro- vided the primary supply route into that Mississippi River citadel. The Grierson Cavalry Raid launched from LaGrange, Tennessee in April 1863 had as its mis- sion the disruption and damaging of this railroad by severing it at Newton, Mississippi. Confederate General Pemberton severely criticized the road for lack of co- operation and catering to private interests. General Sherman left captured Vicksburg in February 1864, moving east along the line of this railroad. His military objective was to capture Meridian, the point at which the Southern joined with the Mobile & Ohio. After capturing Meridian he was able to destroy 51 bridges and four miles of their track. The Southern had two issues of currency early in the war that appeared within a month of each other. This was prior to its suffering the depredations of war and undoubtedly represented a need to provide small change for the normal business operations. Interestingly, both printings of this currency indicate that it had been au- thorized by an act of the state legislature. Also, these notes had no printer's imprint, as was also the case with most of the notes issued by the State of Mississippi and one of the notes had the same vignette as that on a state note. An educated guess would be that the notes were probably printed on the same presses as the state notes. VICKSBURG, SHREVEPORT AND TEXAS RAILROAD COMPANY Started in ante-bellum days, this railroad pointed west from Vicksburg with the objective of connecting the West with this Mississippi River town. Floundering in swampy country, it had only progressed by January 1861 as far as Monroe, Louisiana. The needs of war soon found it connecting with two other railroads, the Southern and Alabama & Mississippi River Railroads, to provide a long east-west link in the deep south from Selma to Monroe. Early in the war the road was in financial trouble and appealed to the Confederate govern- ment for funds. The financial assistance was denied by a policy of the government to stay out of private busi- ness. The Vicksburg campaign of the Union troops forced the suspension of operations by midsummer 1863. A single issue of currency was made prior to the Vicksburg campaign but during the period when the railroad was in economic trouble. VIRGINIA CENTRAL RAILROAD COMPANY The umbilical cord for the Confederacy's struggle to survive was the destiny of this railroad. Serving to tie populous Richmond to the Virginia breadbasket, the Shenandoah Valley, it also kept the Confederate army around Richmond linked with the Valley army. From Richmond it headed north for a short distance and then turned due west. Such points of history touched its rails as Hanover Court House, Gordonsville, Charlottesville, and Staunton. It terminated at Coving- ton. At Gordonsville it joined with the Orange & Alexandria to provide the artery to northern Virginia. Of its total 195 miles in length, there were 180 miles in Confederate operation at the end of 1862. Many skirmishes and battles were fought along its lines. During Sheridan's strike in 1864 against this railroad, the Confederate cavalry General J. E. B. Stuart met his death. General Meade wrote in 1864, "Until that road is destroyed, we cannot compel the evacuation of Rich- mond." The final destruction of the road was accom- plished on March 14, 1865, and Richmond was evacuated on April 2, 1865. A single issue of currency by this railroad company came very early in the war and was the highest denomi- nation values of any Confederate railroad currency. Also, the printers Hoyer & Ludwig used the same rail- road vignette as they would use a year later on the $100 interest notes prepared for the Confederate government. THE WESTERN AND ATLANTIC RAILROAD COMPANY With headquarters in Atlanta this railroad, owned by the state of Georgia, connected Atlanta with Chattanooga. It was an important link in the Confederate railroad system and had an above-average amount of rolling stock and well-equipped Atlanta shops that supplied ordnance material to the army. The famous and ad- venturous Andrews Raid involved this railroad. Twenty- one disguised Federal soldiers stole the W & A loco- motive "The General" in an unsuccessful endeavor to wreck its bridges. The 1864 campaign of General Sherman to capture Atlanta directly followed and de- stroyed the route of this railroad. During 1862, there were ten different dated issues of the same type fractional currency made by this railroad. The small denominations would indicate the need for this currency in conducting the daily business, although during this period the railroad was in difficult financial straits. While the currency issued carries no imprint of the printer, it is believed that it was the work of H. P. Hill and Company in Griffin, Georgia. It is also interesting to note that several issues of currency by the State of Georgia did carry the legend that they were receivable by the Western and Atlantic Railroad. WILLS VALLEY RAILROAD COMPANY This was a small obscure railroad constructed during the war from Chattanooga southwest to Trenton, Georgia, as another venture into the railroad business by the state of Georgia. Two issues of fractional currency were made in 1862 during the period the railroad was under construction. (To be continued) By William B. Warden Jr. , Intiiitlatinutil (t / out pant) 7/ '7 At 7C: D O AR S /7; M • 4/ r7// / 1/ , Prmr1/;„/ Airi/zr we/ tiotr'efrow . //wk. ./// (AtIv/e/41, 0,4";',, . 1.70iivr," free./. Psr.17,Pif WHOLE NO. 30 Paper Money PAGE 41 The Philadelphia, Newtown & New York Railroad Company Pictured above is a ten-dollar note issued by the Philadelphia, Newtown & New York Railroad Company bearing the date December 15, 1873. The Railroad Company notes were issued in denominations of $1, $2, $3, $5, $10 and $20. All the known notes bear the signature of the Railroad Company's first treasurer, Charles Willard. The notes were printed for the Rail- road by the American Bank Note Company, Phila- delphia, Pa. On the reverse of each note there is the following inscription: "Convertible in sums of $100 or upwards, at the option of the holder, before or at maturity into the Capital Stock of the Company, at Par or Seven per cent. First Mortgage Bonds at 90, and accrued interest." This inscription is found within a shield with brown borders. Although a railroad was chartered to Newtown as early as 1836, it was never built. On April 2, 1860, another road, from Philadelphia to Newtown, was incorporated, but it was not until 1872 that the present Philadelphia, Newtown & New York Railroad Company was organized, with a capital of $1,500,000 and authority to increase it to $3,000,000. A liberal subscription to the stock was obtained at Newtown; General Horatio G. Sickel was president, Charles Willard, treasurer. The directors were Barclay J. Smith, Isaac Eyre, Alfred Blaker, and Isaac Hillborn; their office was in what is now the Keller Building in Newtown. The great financial panic of September 18, 1873, con- vulsed the whole country, and since the bonds had not been signed according to promise by the Pennsylvania Central Railroad Company. the work on the building of the railroad had to stop for lack of funds. At the annual meeting of the Philadelphia, Newtown & New York Railroad Company which was held in Philadelphia on January 11, 1875, over three-fourths of the stock was represented. A change of officers was made and agreed upon by the former directors. On November 1, 1876, the Railroad Company was reorgan- ized with a capital of $1,200,000; William Painter was president; Barclay J. Smith, treasurer; and L. L. Bush, superintendent. The work on the railroad was then finished and it was opened for inspection on February 2, 1878. On February 4, 1878, it was finally opened for business; the main terminus was at that time located in Philadelphia on 32nd and Market Streets; in New- town the railroad depot was on Chancellor Street. The Pennsylvania Central Railroad Company then took over the railroad and operated it until 1880. "Go Fight City Hall" By Forrest W. Daniel I enjoyed Maurice Gould's story of Mr. Ezekiel's correspondence with the City of New Orleans in "Go Fight City Hall" in PAPER MONEY No. 28. The whole matter could, of course, have been cleared up immedi- ately had the City Attorney read the Constitution. Many collectors do not know, either, that the 14th Amendment to the Constitution outlaws Southern States notes of the Civil War period. Paragraph 4 reads: 4. The validity of the public debt of the United States. authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection and rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrec- tion or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations, and claims shall be held illegal and void. (Italics added) Yr1/1- 11.11.1Ir Vet UMETIM ftlglaginlek 58224664 G Yo.)00n, nIN 1)1' B582214664 G TWA Malian) WAIT. tArtiAiggtrAi. E 32804103F G 84910342 H NA.,1.1V.MTV...111.1 G 84910342H VitiCrigit fORAEPAVAMMEigtik J 20166691 C J20166 91 C WM MEM. VI 1.1* ti Mate Mk L 76822074 F ' 12 E 32804103F L 76822074F 12 PAGE 42 Paper Money WHOLE NO. 30 New York B 57 600 001 G 1-27-69 Richmond E 32 000 001 F 1-16-69 Chicago G 84 480 001 H 1-23-69 Kansas City J 19 200 001 C 3- 6-69 San Francisco L 76 800 001 F 1-22-69 The "Thirty Day" Series By Nathan Goldstein II Joseph W. Barr was appointed to the post of Secretary of the Treasury by President Lyndon B. Johnson on December 23, 1968. Barr replaced Henry H. Fowler, who had resigned effective December 20. President-elect Richard M. Nixon had already nominated David M. Kennedy for the Secretary of the Treasury position in his new Cabinet. Therefore, on January 20, 1969, Barr would relinquish his position to the new appointee and would hold office only for the thirty day period. At the request of the new Secretary, Bureau Director James A. Conlon announced that a new series of $1 Federal Reserve Notes would be produced bearing the new Secretary's signature. These Barr-signed notes were made possible by the re-introduction of an old produc- tion method: namely, the engraving of signatures di- rectly on the plates, rather than overprinting them as was the practice since the series of 1935. The new series was designated as "Series 1963B". Originally it was felt that a limited number would be issued for each District. However, supplies of $1 notes were sufficient in most of the Districts so production was limited to the larger Districts, or those ordering supplies and then to the lowest paper denomination, $1. The first of these new Barr notes were delivered to the Richmond Federal Reserve Bank and simultaneously released at the Cash Room, main Treasury Building, Washington, D. C. Production of these notes had begun on January 11, 1969; the first shipment was made on January 16 to the Federal Reserve Bank; and the first sale was made at the Cash Room on January 17. During January, shipments were also made to three additional Districts: New York, Chicago, and San Francisco. A later order from Kansas City necessitated the printing of notes for the Tenth District. The starting serial numbers for the various Districts and the date of first shipments thereto are as follows: At first it was thought there would be about one hundred million notes printed in the series, but at the time of this writing some three hundred million have been printed, and the presses were still running. The new series to appear with Kennedy's signature will be designated as series 1969. The new Treasury seal. as seen on the recent $100 U. S. Note will be used; signatures will be engraved on the printing plate. with only the District seal and designation and serial num- bers being overprinted. From the above list, you can see that some of the District notes were near the end of the "suffix" run of notes; in fact, the Chicago District has seen a suffix change, and notes with G-I have appeared. With the Series 196313 notes from the New York, Richmond, Chicago, Kansas City and San Francisco Districts suffix change we also will find the first "star" notes of the series 1963B appearing. With the last group of notes printed with the "H" suffix, only the upper left quadrant (A 1 to H 1) is printed with regular notes, the other three quadrants being star notes. With the plates en- graved with signatures and series 1963B, it is necessary to produce star notes. Star notes are therefore being printed and will be issued for all Districts other than Kansas City, and possibly for this District before the new series appears. It is possible that both New York and San Francisco v. ill see a suffix change. It will take some time for the new plates to be engraved, signatures entered, and pro- duction started for all of the Federal Reserve Districts. As notes are required, production will be made. We find that Barr's was one of the shortest of office tenures. a mere thirty days. This series with his signature will be a challenge to every paper money collector and open the door to many new collectors. The Barr notes offer a number of new avenues, and in the next issue, we will explore the "plate" field and see the plates that were 11117; ;WW1:: Nit II'auc VANItilEtVITAH_MOICAliggek 000731951I G 007319511 7 Reverse of $5 note with reissued counterstamp. ;`. .1 1 • WHOLE NO. 30 Paper Money PAGE 43 Suffix change to on Chicago District 196313 note. $5 note of 1864 counterstamped $3.75. engraved with signatures and the various combinations for the five Districts. Another Lost Cause By Paul E. Garland Somewhere in these United States a modern day, would-be "Samuel Upham" resides. Undoubtedly the motive for his activities has been profit. I do not be- lieve that his efforts were directed toward weakening or destroying the economy of the Southland or any other section of the country. His primary object was to fleece any collector of Confederate currency who was gullible en ought to buy his wares. During the War between the States, the economy of the South was badly hurt by counterfeiters. No one, to our knowledge, played a greater part in the economic warfare than Samuel Upham of Philadelphia. There, safely out of reach of the South and encouraged by the authorities of the northern states, he plied his trade and openly advertised his merchandise in the daily papers. In his defense, though, it must be said that he placed his name at the bottom of each note in such a manner that it could easily be cut off and the money then spent in any of the border states. In this manner the economy of the South was greatly harmed and its currency soon became worthless. Not long ago at a convention I picked from a dealer's "junk pile" a group of notes that bore some exceedingly interesting counterstamps. The price on them was very low. Upon questioning the dealer, I was informed that he had purchased the lot of Confederate notes from an elderly Negro lady from Mississippi. The first item was a ten-dollar artillery note, issue of 1864, upon which this modern day Upham with some sort of child's print- ing press counterstamped the figure "$7.50" along with the words "Seven-Fifty." Then to make his work look official. he turned the bill over and stamped on the back "CSA TREASURY, REISSUED, JAN. 5, 1865." I then nicked out a five-dollar note, issue of 1864, that had been devalued to $3.75 with the same counterstamp on the back. Not content with this attempted fraud of the potential buyer, he went a step further, again resorting to the artillery note. By cutting the note in three equal parts. he created an item the Confederate government never achieved—a three-dollar bill. Then by cutting one of these sections in half, and with the aid of his juvenile press, he created still another new denomination—a one $10 artillery note cut in thirds and counterstamped $3.00. Also counterstamped CSAT, on the reverse. $10 artillery note counterstamped $7.50. COSTS IS ,r I R. 5' —* , .r( fE.orsTi rt r'e s t,F.t ',EV! ff imIrtZircht.r . E.C, fit 1If1i tA.1- T t, the pth,ent hh morning a repreeentation of a I'm Dom,. Nom: normal by the ...meet Om. federate State,s of America, at Richmond. The paper upon which the note is printed is of very good quality, and the engraving similar to that of the American Bank Note Company. The re- SC01131171.1CC is so great as to be rcntaskable. The attention of ;he r od.re thyalled to the time of pay - Wilt, tcrisp to moutivi)efter the ratification of treaty of pewee betweeutt ILE CONFEDERATE STATES and Till; t'\ ED STATES. They arc fundable in eight per t. stock or bonds of the Confederate States of uterine. They are also receivable in payment all dues except export duties. As entitpity, thin engruvii: of the tote will he worth preeerving. We may safely add, that the copy of the production in Tree lure this morning, is worth mot, than the or,ginul. Those who entertain a contrary opinion, may hand no the small batons v,f $498, due after mtheharing each tette nf the paper. PAGE 44 Paper Money WHOLE NO. 30 dollar and a half-note. I must at this point inject the thought that he was a thrifty soul because he used the same bill to make both denominations. The color shade. degree of cleanliness, and the width of the margins re- veal this. I would imagine that soon after these notes were made. the counterfeiter realized that he had only built a trap to catch himself and abandoned the entire project. It would be well to bear in mind today that we are aiding and abetting such a counterfeiter when we buy a replica of an item that itself is available at a reasonable price. If by chance you have purchased one of the many such items that have been and are being offered at the present time by several dealers, some of whom are ignorant of the fact that the article is a replica. you can return it and ask for your money back. If the dealer doesn't agree to the return of your money, you can prefer charges against him and have him expelled from any numismatic organization of which he is a member. The most startling of the works of this would-be master was a one-dollar note of the State of Alabama. Southern States issue. This had been revalued to fif ty cents and by none other than the CSA TREASURY! This mistake alone would have trapped the counter- feiter. The rawest recruit to the hobby would have soon realized that the Confederate States Treasury had abso- lutely no jurisdiction over the currency issued by the State of Alabama. This violation of states rights would have never been tolerated. After all, was that not the prime issue that caused the confrontation in the be- ginning? Background to Samuel C. Upham's Activities Many experienced collectors are likely to assume that all fellow hobbyists are cognizant of the Upham forgeries of Confederate currency described in Mr. Garland's article. But for the benefit of the novice. here is the story of this unusual episode of the Civil War period: Upham was a Philadelphia merchant who one day noticed that copies of the Daily Inquirer were selling much better than the other papers in his store. The reason, he discovered, was the reproduction of a Con- federate $5 note that the February 24, 1862 issue carried as a souvenir. Ever alert to an opportunity, Upham proceeded to produce his own and eventually printed 28 types of note and 15 types of postage stamp "fac- similes." The U. S. Treasury investigated his operations but since he was printing reproductions of currency and stamps of an unrecognized state, he was permitted to carry on. When he ceased his operations in August 1863, perhaps out of fear of reprisals by southern sympathizers, he had printed more than a million notes. WHOLE NO. 30 Paper Money PAGE 45 /kit i/eid,w,/,‘, Or' Prrtelrf dp//://47' elfilMONDAr-A • _ sy (771 Avaaluger,-. dta SWO4.8, meenio • 11 et E.VAIII3 rAY mu, or A4.4.001t Miff LXIPOIT 091111 - 41,~161104a0190101511ROMitafIllitMOSIMIMMISIMISR. Mr. George Wait furnished the notes shown in this section. He writes of them that the only sure Upham is, of course, the $5 note #8644 which bears his imprint. "Notice that the $20 and $50 notes are labeled as `fac similes' but are on heavier paper, so they may be other contemporary copies. Upham probably didn't have a monopoly on imitating the CSA notes, but he got most of the credit or blame. The $5 note #364 I think. but cannot prove, is Upham's. It seems to me that I've seen it attributed to him. and the paper looks like his. "Now, the most interesting note of all is the news- paper picture. Notice that it supposedly illustrates a genuine CSA note, whereas in fact it is a copy. Notice that the note is #364, same as the copy, and identical with many others in the hands of collectors today. In fact. it is the most common counterfeit CSA note. Notice, too, that the imprint is that of the Southern Bank Note Co., which was, in fact, the New Orleans branch of the American Bank Note Co.. run for it by the manager, S. Schmidt. I have genuine notes like it. very well made and on good paper, with the same color." PAGE 46 Paper Money WHOLE NO. 30 Rawdon, Wright, Hatch & Edson Prospectus, 1853 By Warren S. Henderson / I x . ------. WAR - 1 i , -- I, — ------ 'e , ..1' $ '- ////'/,f.//, .( . Ii- /r/.//eli . --- – ' rArEftr-YOR-11r: ) ' , '7. 4, , '014-4140 al V Vitil i ' Aw14}4° -' ' In I NEW ENGLAND BANK NOTE COM PArk ' ----- //, ,,,,,,,,/,,,,,,,,,,,,,/,,„,,,,/,,,/,,,,,, , . , / , ' 4,', , ,/,' 4/, ,,/:,.,./14:,,,, 4 / ,," , ; f ,/,,,,,- i, / , ..7,,, , ////e/ 141/;,,,,R,/, ,,,/,,/C75,,, , ,://///, A • .. `. '•. ,, ,,,r ,,4//,,,,,,,, / ,,,,,,,,,/,(/// / 4,%::. -17i . /.7 t/e-//;;/, /41/..1 //Ile// ,/ : 0 ' t ,m,/,,,/,/, //1,,,,,, ,,,,, ,./Z//' .eer r rir'i /A/ r /////i/eIr ri yreirr,r/ r rr rrr r' , , , r,,/ //7,r, M. r r ,/,,rr i 7 ' r ,,, rrrrr /dr,/ //r re ";r7(.rrrrr/.11/1/, ,r - ///////, ',1;r4.; , ,,,,/, , , . 4, ,///r/r/rrryr ,/;/,/:./. ;"/:/;/r4/;/, '" i r/rf ../// r( rY/;' , /:( r ry/r, :ririr.r..'( / ../a ,ri,arr , I ' . ri/erjr ' r, . •••ve ./1///////tie, f7/ ;Ate/WA/W/4/ ./.01X:?///e//;•X ///,,,,...,/ , / • •y ...r///://r.r/ >.// /,/f/1 /4 ///,I1//efi , r i/ , /r 71/14 1 / ; reirr///e AI, //r C//://,‘,;:///".1 /7/2.7//%//f0.7/eVi4/, ;./ '.;. 74//1/4/ .1.,,/,/, el.7.a1/41( ,i',/,////:.1;://///;),/,/,) 4.•//1/41C.,./17^ / JO' . • 444. .,7,6"%%,.h i/H;',/,,/,'/X!. //'4.1:/,!„I /y el(:.+5,./.. ,///, 44 ,///',///,/N,.,// //, /,41/ • /;/;',././ /1.411,1 ein 41,4, ie.; 1/•., //Al/7,11:1/a.fr. li.f..V It' .1%/rt: '.eiritit. ?PA '4: VA:///444 : 41/. /4,/ ,!./4. 41//17X1 . ;e9/ri y:1 . I have recently come upon a very interesting two-page folio put out by the firm of Rawdon, Wright, Hatch & Edson which includes many interesting facts indicating the cost of bank note plates, the printing from those plates, and the general prospectus and promises of the said company. The company's main office was at No. 48 Merchants' Exchange. New York, with branch offices at Albany, Cincinnati and New Orleans. also at Boston under the name of the New England Bank Note Company since May 1, 1848. The prospectus goes on to state: The undersigned are prepared at either of the above places, to execute all orders for Bank Note Engraving and Printing, with promptitude and fidelity, and ample provision is made for the safety of all plates and impressions entrusted to their care. Their specimens embrace a great variety of Vignettes and Ornamental Dieworks suitable for Bank Notes, Bonds, Bills of Exchange, Bills of Lading, Deposit & Stock Certifi- cates, Diplomas, Checks, etc. accumulated at great expense and illustrating almost every subject connected with the business of the country; and the superiority of their style of work, as affording the best possible security against counter- feiting, is established by the success of their efforts, which WHOLE NO. 30 Paper Money PAGE 47 siot-eitoutvert-i, r)$, // /, • ,„ „„., ./r My/. , ( NEW-TORN •) ) /' j • //e1 / // • 12'// S • ,;(*7. ,./ 7.,,ff, , ,,, • .,../ , 1%41 /4/./ •,/•/. ; '' 4 44/14,///u • .7' Le ,:, x' SZ/4".! /, ?...,-//, /41 //x,/ ,,,v,ii: •• 4, /;41/1" 4/, 4,4:-,yr4:-,./. /;,,,,,,,,,•,///,4,4 ; '14/44..1; ,/,,,/, / /74 4 // ,7;,,, ••,-, ..,,," /4', • ,/,' /5. /41 ,./ ; .1:4,,d4/44,74, 71,4k-, , 41 441.. ' ,4/.. ' ...; lij.,(79'4,94440/7/,41/4444404,;(4,,,,,,, t?..,(1 ,4-' . / ,,,, / .41' ///. /41 „..., . t" „. •7.0),/„••,/,:. /44 • .7•,'0,./:/,,,, //r/'• . /.4,-,Go, .?(! .,W 1,',..,/...1;4-1%,/,.•,,y4,441,1•4,54/i■ . . ,./*////e x0i,..,..‘,0 .), ,,,,,/,/,:w /41/467/,, 4 .4/4i/.44,/,/,/ 4., I "114//,,./. 7 :24(4; /./24,,,, '„/ /;/;,•/,„,,, 1,1w, /;/.7 //CU,/ .Y/./, ..v.r.r/C,/, //;', .Ii. 471,", ',V/ /./ 1 , /.4, . iv /4 / . /2/; / 4 A/ / i //f 4:4; // /4'/ ■(//1,/ //I/ /// / ? /* 4 /... 4//, , ,•, //// ,.//,./.,i/%.44, A 4; // , ' / , / / / „I% // lie/id'. I,/,', ,'1/0/4.i• • /////// /// ////// /241////i e I /.7 /44 /111 // "1,1%/////./ /1/4 /// re -.///41././. • ,:r7//1// i'e.,t/// //./ ig 'fr>17- :: ' . //////:-......<7,e1 // I',///r I / //01/ /. : / / /// //i. (....:': -----` //////i , //////. '..?1,1, /./. • fi 1:1 , )./....4;7. ,sttit.4-- 7//74// /4:.• '/.7#7 ///: •••;/4 / ,i • ;11/4 have been devoted to the attainment of that object, during an experience of thirty years past. BANK NOTE PAPER of the best quality at Manufacturers' prices. TERMS: For Engraving 4 Bank Notes, on Steel 8500.00 For Engraving 4 Bank Notes, on Copper 300.00 For Engraving 4 Combination Backs $100 to 250.00 For Retouching plates after first wear, one half the above prices For Printing plate 4 Bank Notes, per 1,000 impressions 25.00 For Printing plate 2 Bank Notes 15.00 For Printing plate 4 Combination Backs 20.00 For Printing plate 2 Combination Backs 15.00 For Printing plate 4 Typographical Red denominations 12.50 For Printing plate 2 or 1 Typographical Red denominations Bank Note Paper, per 1000 Sheets 22.50 Bank Note Plates, engraved by us only on express condition that they are to be printed by us. All other (Steel or Copper) Plates, having Bank Note work on them, engraved by us only on the express condition that they are never to be taken out of our possession. Steel Bank Note Plates engraved and printed by us, are warranted to give 30,000 good impressions before and 25,000 after retouching. Copper 3,000 before and 2,000 after re- touching. July, 1853. A bank could therefore order 30,000 sheets of notes printed on both sides including the charges for engraving on steel for a total cost of $3,425 and would have 5270.000 in face value of notes.10.00 (This article is reprinted from The Essay-Proof Journal No. 100, Fall 1968 issue.) PAGE 48 Paper Money WHOLE NO. 30 The United States Military Payment Certificate Story By Raymond S. Toy One of the most interesting, colorful and historical collections of paper money that can be assembled is that of these military payment certificates. Although these certificates have been in use since 1946, and are one of the oldest of their type, their history has not been generally known, so a brief account follows. Until shortly after World War II, military personnel overseas were paid in foreign currencies and permitted to convert such currencies back into U. S. dollars through the facilities of military disbursing officers. As a result, such personnel converted into dollars consider. able amounts of foreign currencies which had not been paid to them originally. Accordingly, the military serv- ices accumulated foreign currencies in excess of amounts paid out and in excess of requirements. This situation was reviewed and discussed in the 1st Session of the 80th Congress in joint hearings before the Senate committees on appropriations, armed services, and banking and currency, in which it was pointed out that the Military Payment Certificate system was being developed because other control methods had failed to prevent excess accumulations of foreign currencies. Since that time, Military Payment Certificates (MPC) have been introduced in nearly every foreign country where U. S. troops are stationed. There have been nine different series issued up to this time in order to control counterfeiting and black market operations. Although a deadline was set before changing to a new series, no advance notice was given. It was treated as top secret. In fact, when the deadline was at hand, all military personnel were restricted to their bases so that word of the change-over would not leak out to unauthorized holders of the old series, giving them time to cash in their holdings. After the deadline had passed, the outgoing notes were not accepted as legal tender, nor were they redeemable for other notes except in certain exceptional circum- stances. All of the outgoing stock was accumulated and underwent supervised incineration by the Chief of Finance. As in most cases, whether it be coins, stamps or paper money, the more the collector knows about his collection, the more he will appreciate having it. I believe that a collection of these MPC's offers a wide field with many related facets such as serial numbers, replacement notes, method and place of printing, plate position, total amount printed, etc. Such information is now available. First of all. we find that the printing of these MPC's was not done at the Bureau of Engraving and Printing but under contract to the Bureau. All printing was done on sheets of 32" x 54"; and as there are three different sizes of MPC, the make-up for each size would be dif- ferent. (Each series consists of a 5, 10, 25, and 50c, small size; a $1, medium size; and a $5 and $10, large size.) The following charts show how these different sizes were made up on sheets 32" x 54": SMALLEST SIZE, LESS THEN $1 1 5 9 13 17 21 25 2 6 10 14 18 22 26 3 7 11 15 19 23 27 4 8 12 16 20 24 28 29 33 37 41 45 49 53 30 34 38 42 46 50 54 31 35 39 43 47 51 55 32 36 40 44 48 52 56 57 61 65 69 73 77 81 58 62 66 70 74 78 82 59 63 67 71 75 79 83 60 64 68 72 76 80 84 MEDIUM-SIZE, $1 1 6 11 16 21 26 31 2 7 12 17 22 27 32 3 8 13 18 23 28 33 4 9 14 19 24 29 34 5 10 15 20 25 30 35 36 41 46 51 56 61 66 37 42 47 52 57 62 67 38 43 48 53 58 63 68 39 44 49 54 59 64 69 40 45 50 55 60 65 70 LARGE-SIZE, $5 & $10 1 6 11 16 21 2 7 12 17 22 3 8 13 18 23 4 9 14 19 24 5 10 15 20 25 26 31 36 41 46 27 32 37 42 47 28 33 38 43 48 29 34 39 44 49 30 35 40 45 50 And on the face of each MPC there is a small number, much smaller than the serial number, which indicates at what position that certificate was at the time of print- ing. The contractor then sent these sheets to the Bureau of Engraving and Printing for cutting and numbering. Looking at the chart again, we find the largest possible number for the small size MPC would be 84; 70 for the $1 size and 50 for the largest size, $5 and $10 MPC. And the collector can also remember that position number 1 is always at the upper left corner of the 32" x 54" sheet at the time of printing regardless of the size of his MPC. The nine different series that have been issued up to this time are listed below with their date of issue, of withdrawal, name of contractor who printed each series, plus series serial number combination: s *waste I. ACC000.•Ct w wort Map, •■....” 10101,1“....111. WHOLE NO. 30 Paper Money PAGE 49 SERIES WHEN ISSUED WHEN WITHDRAWN CONTRACTOR (*) SERIAL No. COMBINATION 461 Sept. 17, 946 Mar. 10, 1947 Tudor A A 471 Mar. 10, 947 Mar. 29, 1948 Tudor B B 472 Mar. 29, 948 June 20, 1951 Tudor C C 48 June 20, 951 May 25, 1954 Forbes D D 52 May 25, 954 May 27, 1958 Forbes E E 54 May 27, 958 May 26, 1961 Tudor F F 59 May 26, 961 Jan. 6, 1964 Forbes G G 61 Jan. 6, 964 Still in use Cl. In. ** H H 64 Aug. 31, 965 Still in use Cl. In.** J J Series 611 used in Japan and Korea; Series 641 used in Viet-Nam only. * Tudor Press, Inc., Boston, Mass.; Forbes Lithographic Co., Boston, Mass. ** Classified Information and not available at this time. And another interesting "job" for the collector is to locate replacement certificates, those that were substituted for certificates unfit for use. Replacement certificates can be easily identified as the serial number will have only one letter in it instead of the usual two—only the prefix letter, no suffix letter. And the collector will find out he has a hard job to do! The paper money collector, not unlike the coin col- lector who is interested in the total mintage of his coins, would like to know the total number of notes printed. The following chart will show the total number of MPC's printed: NUMBER OF MPC's PRINTED SERIES 5c 10c 25c 50c $1 $5 $1 0 461 7,616,000 8,084,000 4,704,000 4.032,000 14,560,000 5,400,000 40,000,000 471 8,288,000 7,616,000 4,480,000 4,032,000 14,560,000 5,400,000 13,600,000 472 7,960,000 7,960,000 4,824,000 4,232,000 11,760,000 4,200.000 16,600,000 481 10,528,000 10,296,000 6,712,000 6,672,000 18,200,000 6,600,000 18,800.000 521 27,216,000 26,880,000 14,448,000 11,088,000 28,000,00') 6.400,000 24,400,000 541 18,816,000 18,816,000 12,096,000 8,064,000 20,160,000 6,000,000 21,200.000 591 7,392,000 8,400,000 4,704,000 3,696,000 10,080,000 2,400,000 6,800.000 Series 611 and 641 still in use; no information available at this time, Collecting these MPC's is more of a challenge than collecting any other United States paper money series because many factors tend to make them much scarcer. For example, although we might know the total printing of a MPC, we would not know how many were lost, re- deemed, or exchanged for the newer series that replaced it. And as expected, the higher denominations are the hardest to locate mainly because most service men could not afford these as souvenirs; also, fewer were printed. And after checking the chart above, we can see that Series 591 is the scarcest of the seven series. An interesting 10c Military Payment Certificate: 1) it is a fairly early replacement certificate (serial numbers for all replacement certificates and for each denomination start with 00009001) ; 2) it was in the No. 1 position (notice the figure 1 after the word TEN at top of certificate) on the large 54" x 32" sheet that was used in printing 84 of these 10e MPC's simultaneously. The Military Payment Certificate system, as a whole, has proven very satisfactory over the twenty-plus years it has been used, being a big factor in suppressing black market operations and counterfeiting (a report from Viet-Nam stated that some counterfeit $10 MPC's, be- lieved printed in America, are now used there). But irregularities in a government system do not occur too often, so this one will interest the MPC collector especi- ally: Printed on reverse side only. Hand-cut single from an uncut part sheet of Series 541 5c MPC that was found between partitions of a building vacated by a printing contractor who printed this series. Less than 84 such singles are known. Series 541 was printed by Tudor Press, Inc., Boston, Mass. in a building located adjacent to the Logan Inter- national Airport. The printing was accomplished during the latter part of 1954 and early 1955. Later, this build- ing was being remodeled for a new tenant, and during this time, part of a sheet of Series 541, 5c certificates was found inside a partition with only the reverse printed! And the finder (we know he was not a MPC collector) just cut up the part sheet into single pieces and gave them out to his friends. It is hard to say how and why ttkInitiasily 1/4/, I I, t.kqYJgktl•■ 'f Cori OFCURRt '6^ FIADs r1V PAGE 50 Paper Money WHOLE NO. 30 this happened, but it did, and for the time being I will quote Mr. H. J. Holtzclaw, former Director of the Bureau of Engraving and Printing: "It would be impossible at this time to tell you how this part of a sheet became separated from the rest of the printing, and any attempt to do so would be pure conjecture." So with this. I will conclude this MPC story, trusting the information herein will be of some help to all present and future MPC collectors. CONTRIBUTORS and SOURCE REFERENCES: Former Director H. J. Holtzclaw, and present Director of the Bureau of Engraving and Printing, J. A. Conlon; Mr. Earl Hodgdon; Helen B. Rhodes (April, 1966 Numismatist) and Mr. Robert M. Williams, Director of Research and Development Engineer- ing, Bureau of Engraving and Printing, Washington, D. C. (Editor's Note: Much of the above is excerpted from the 1969 Third Edition of Mr. Toy's catalog World War II Allied Military Currency, just released. It is available for $2 from Malter-Westerfield Publishing Co., 3051 Briand Ave., San Diego, Cal. 92122. Looking at Literature (Continued from Page 36) The first printing of The Obsolete Paper Money of Virginia by Charles J. Affleck and published by the Virginia Numismatic Association is sold out. The second printing became available for distribution on February 1, 1969. The Virginia obsolete paper money has gained a new importance since the publication of this book, which includes the Virginia Treasury Notes, county, city and town emissions, and private and busi- ness scrip. Each major variety is pictured in the 466 full-size reproductions, and every known variety is listed with a rarity estimate and a price range. This 237-page hard-bound volume may be obtained from your dealer or the Virginia Numismatic Association. P. 0. Box 353. Hampton. Va. 23369. The price is $12.50 postpaid; Virginia residents should include sales tax. Paper Money of the Yugoslavian States, by Dimitri B. Spajic, edited by William Ittel. Illustrated, 36 pp., $3.25 postpaid in the U. S. from W. Ittel, 136 Dickson Ave., Ben Avon, Pittsburgh, Pa. 15202. The author of this book is one of the foremost col- lectors of and authorities on the little-known paper money issues of Yugoslavia and its predecessor states, Serbia and Montenegro. The original 1966 edition, published in England, met with instant success, and the entire printing was quickly sold out. This new edition, also written in English. has been produced in the United States and is not just a reprint of the original, although based upon it. There are numerous changes and addi- tions that change its character considerably: twice as many pieces are catalogued, twice as many illustrated. Almost all the currency is now illustrated full size. Additional listings have been included; for example, the issues for the free city of Fiume. The pricing is now shown for good, fine and very fine-uncirculated condi- tions. Even more important, the cataloguing and pric- ing has now been highly specialized. For instance, the Montenegrin issue of 1914 is catalogued and priced ac- cording to the four series of issue, and those validated by Austrian handstamp are not only catalogued by the four series but also by the 14 provincial commands. As another example, the handstamped provisional issues of 1919 are now catalogued by the location of the various validating district courts. As useful as was the 1966 edition, the new edition will have considerably more utility for the active col- lector. Its format spiral bound Xeroxed sheets evi- dently made from an original paste-up—is not especially impressive. However, it does prove that ingenious use of the new methods of reproduction can make feasible pub- lication of manuscripts otherwise too expensive or of too- limited interest to be economically sound. The Coinage and Banknotes of Ireland 1928-1968, by Jerome H. Remick; 2nd edition 1968; 64 pp.; illustrated. Published by Al Almanzar, Milam Building, 115 W. Travis St.. San Antonio, Tex. 78205. (Continued on Page 53) 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. IIM OTIIKIIIMEet IIITIE% r... Nee, ■ ., 1,00ikinest /..v - ,, ,,rLi „' *.,11;r141g0.14:34,' ; 4.'6,, - ,,i 4' "WV It ..71.. 74 ....144W1 ■ 1,16Witi i , 4 , :.111447: . ... .411 1110,11A1 WHOLE NO. 30 Paper Money PAGE 51 Las Vegas, New Mexico By M. Perlmutter When one thinks of Las Vegas, visions of the lavish vacation mecca in Nevada are conjured up, replete with the proverbial wine, women and song, and of course, that industry which caters to man's insatiable gambling instincts. One of the quieter towns by that name, how- ever, is that located about 70 miles east of the State Capital at Santa Fe, Las Vegas in San Miguel County. Of New Mexico, a local booster once wrote, "New Mexico has plains so flat that the State Highway De- partment has to put up signs to show the water which way to run when it rains; yet the mountains are so steep that the bears which inhabit them have all de- veloped corkscrew tails so they can sit down once in a while without sliding into Texas." It is a spacious land of limestone caverns, mountain wilderness, high plateaus and sweeping deserts which can be made fruitful only by irrigation. Yet, New Mexico has supported men longer than al- most any other area of the United States. In Santa Fe is one of the oldest churches in North America, the handsome mission-style San Miguel, built by Spanish padres in 1636. Santa Fe itself, inhabited at various times by Spaniards. Pueblos and Mexicans, is the oldest capital north of the Rio Grande. It was on the isolated mesa of Los Alamos, only 30 miles from Las Vegas, that man assembled his first atomic bomb. and it was at equally isolated Alamogordo, in the southern part of the state, that the bomb was first exploded in 1945. Spanish rule of New Mexico ended in 1821, as Mexico became independent, and henceforth the province was governed from Mexico City. However, Mexican au- thority was weak on the frontier, and for the most part New Mexico went its own way until the arrival of the Americans. First among them was Zebulon M. Pike in 1806-07. William Becknell, founder of the Santa Fe Trail, came in 1821. Year after year, trade with the United States increased. New Mexico easily fell before the invasion of General Kearny, who occupied Santa Fe, August 19, 1846. It became legally a part of the United States by the Treaty of Guadalupe Hidalgo. Military rule continued until it became a Territory of the United States on December 13, 1850. After repeated attempts, New Mexico became the 47th State on January 6, 1912. The illustrated note serves as a monetary complement to this brief discourse on a picturesque area of the early frontier. Sources: LIFE Pictorial Atlas of the World, Time, Inc., N. Y., 1961. Concise Dictionary of American History, Charles Scribner's Sons, N. Y., 1962. `Offered for the First Time' This could be the rarest $5 Silver Certifi- cate. Only one other known. 1934 B $5 STAR MULE Silver Certificate * 1173 1841A FACE CHECK E1775. Reverse check 637 (micro). Only one other star MULE known. This note is positively AU! Following also for sale: 1934B $5 SILVER CERTIFICATE * 1166 1056A Face B 1712, Reverse 1593, VF- AU—No creases—has slight horizontal bend. * 1190 1057A Face I 1817, Reverse 1693, Good —crease across lower left corner—Face dirty. Reverse fairly clean. 1934C $5 Silver Certificate MULE N40680674A Face B1944, Reverse 637 (micro), Fair to Good condition. Write D. SCHLINGMAN SPMC 1991 6816 N. Dawn LN. Kansas City, Missouri 64151 The Canadian Paper Money Journal: , No. I, 1965 , No. 2, 1965 1, No. I, 1966 I, No. 4, 1966 I I, No. 1, 1967 11, No. 2, 1967 II, No. 3, 1967 The Essay-Proof Journal: Vol. 14, No. 1, Vol. 15, No. 2, Vol. 18, No. 4, Vol. 21, No. 2, Vol. 21, No. 3, Vol. 21, No. 4, Vol. 22, No. I, Vol. 22, No. 2, Vol. 22, No. 3, Vol. 22, No. 4, Vol. 23, No. 1, Federal Brand Eagle: Vol. 1, No. 2, May 1964 Vol. III, No. 4, 1967 Vol. IV, No. 1, 1968 Vol. IV, No. 2, 1968 Vol. IV, No. 3, 1968 Vol. IV, No. 4, 1968 Vol. V, No. 1, 1969 Vol. 23, No. 2, Vol. 23, No. 4. Vol. 24, No. I, Vol. 24, No. 2, Vol. 24, No. 3, Vol. 24, No. 4, Vol. 25, No. 1, Vol. 25, No. 2, Vol. 25, No. 3, Vol. 25, No. 4, Vol. 26, No. I, Vol. Vol. Vol. Vol. Vol. Vol. Vol. 957 958 961 964 964 964 965 965 965 965 966 966 966 967 967 967 967 968 968 968 968 969 PAGE 52 Paper Money WHOLE NO. 30 Catalogue of SPMC Library The Society Library has now been transferred to the editorial offices of PAPER MONEY at 225 S. Fischer Ave., Jefferson, Wis. 53549 and is ready for use by the mem- bership under the following rules: 1. Use of the Library is restricted to members of The Society of Paper Money Collectors in good standing. They may borrow books for a period of two (21 weeks. Extension must be arranged with the Librarian in ad- vance. 2. Postage and insurance both ways must be paid by the borrower. All payments must be in U. S. funds or unused U. S. postage stamps. A postal card will be used to notify the borrower of shipment and the shipping costs to be remitted. 3. All items must be handled carefully and returned promptly in suitable wrappings, with the same class postage used by the Librarian. 4. Requests must include the applicant's SPMC num- ber. Requests for books and pamphlets should be made by the identifying code, such as M-2, R-1, etc. Requests for periodicals should be made by name, volume and issue number and year where possible. 5. Borrowers are responsible for Library property from the time it is received by them until it is returned to the Library. 6. Direct requests for materials, remittances for post- age and all relative correspondence to: Barbara R. Mueller, Librarian, SPMC 225 S. Fischer Ave. Jefferson, Wis. 53549 Donations of appropriate materials useful to numis- matists specializing in paper currency of the world are always welcome. They will be acknowledged in PAPER MONEY. H -I, Hoober, R. T.-Financial History of Colonial Virginia. reprint from The Numismatist, 1953 H-2, Hoober, R. T.-Financial History of Colonial New Hamp- shire, reprint from The Numismatist, 1964 H-3, I loober, R. T.-Financial History of Colonial Maryland, reprint from The Numismatist, 1962 H -4, Harper, T. G.-Historical Account of Vermont Paper Currency and Banks. 2 copies. J-1, James, S.-The Guide Book of Canadian Coins, Paper Currency and Tokens, 10th edition, 1968-69 M-2, Muscalus, J. A.-Dictionary of Paper Money, 1947 M-3, Marcon, A. P.-La Cartamoneta Nello Stato Pontificio I, 1965 0-1, Orrahood, M. D.-U. S. Coal Tokens, 1967 P-1, Pennell, J. Roy, Jr.-Obsolete Bank Notes of North Carolina R-1, Rothert, M.-A Guide Book of United States Fractional Currency, 1963. 2 copies. R-2, Royal Canadian Mounted Police-The Counterfeit De- tector, 1966 R-3, Remick, J., and James, S.-The Guide Book and Cata- logue of British Commonwealth Coins, It edition, plus The Guide Book of Canadian Coins, 9th edition, plus The Guide Book of Australian and New Zealand Coins, 2nd edition. plus The Guide Book of Modern British Coins, 6th edition S-1, Sprinkle, F. F.-Master List of Uncut Sheets of Obsolete Bills and Old Bank Checks, 1964 S-2, Shaw, E. M.-A History of Currency in South Africa, 1956 S-3, Spajic, D. and I ttel, W.-Paper Money of the Yugoslavian States, 1969 T-1, Treasury Dept.-Facts About United States Paper Money, 1960. 2 copies. Periodicals The Canadian Numismatic Journal: Vol. 10, No. 5, 1965 Vol. 12, No. 2, 1967 Vol. 12, No. 1, 1967 Books and Pamphlets B-1, A Brief History of The Bureau of Engraving and Print- ing (2 copies) B-2, The Bank of Canada-The Story of Canada's Currency, Second Edition, 1966 C-1, Criswell, Grover C., Jr., and C. L.-Confederate and Southern States Currency, Criswell's Currency Series, Vol. 1, 1957 C-2, Christoph, A., and Krause, C.-United States Postage and Fractional Currency 1862-1876, reprinted from Numismatic News 1958. 2 copies. C-3, Carroll, S.-The Bank of Canada's Numismatic Collection Part II, reprint from The Canadian Banker, 1968. 2 copies. D-I, Dilliston, W. H.-National Bank Notes in the Early Years, reprint from The Numismatist, 1948 D-2, Douglas, B. M. and Hughes, B. H.-Catalogue of Con- federate and Southern States Currency with historical notes, 1955 G-1, Goodman, L. J., Jr., Schwartz, J. L., O'Donnell, C.- Standard Handbook of Modern U. S. Paper Money, first edition 1968 -lit 91 paper nem,,k Vol. I, Vol. 1, Vol. 1, Vol. 1, Vol. 2, Vol. 2, Vol. 2, Vol. 2, Vol. 3, Vol. 3, Vol. 3, Vol. 4, Vol. 4, Vol. 4, No. 1, No. 2, No. 3, No. 4, No. 1, No. 2, No. 3, No. 4, No. 1, No. 3, No. 4, No. 1, No. 2, No. 3, WHOLE NO. 30 Paper Money PAGE 53 Frontier Times: Vol. 38, No. 5, 1964. 2 copies. 99 News: Vol. 1 The Numismatic Scrapbook Magazine: Vol. XXVIII, No. 8, 1962 The Numismatist: Vol. 75, No. 7, 1962 Vol. 80, No. 7, 1967 Vol. 75, No. 8, 1962 Vol. 80, No. 8, 1967 Vol. 75, No. 9, 1962 Vol. 80, No. 9, 1967 Vol. 80, No 2, 1967 Vol. 80, No. 10, 1967 Vol. 80, No. 3, 1967 Vol. 80, No. 11, 1967 Vol. 80, No. 4, 1967 Vol. 80, No. 12, 1967 Vol. 80, No. 5, 1967 Vol. 81, No. I, 1968 Vol. 80, No. 6, 1967 Vol. 82, No. 3, 1969 Paper Money: 962 Vol. 4, No. 4, 965 962 Vol. 5, No. 1, 966 962 Vol. 5, No. 2, 966 962 Vol. 5, No. 3, 966 963 Vol. 5, No. 4, 966 963 Vol. 6, No. 1, 967 963 Vol. 6, No. 2, 967 963 Vol. 6, No. 3, 967 964 Vol. 6, No. 4, 967 964 Vol. 7, No. 1, 968 964 Vol. 7, No. 2, 968 965 Vol. 7, No. 3, 968 965 Vol. 7, No. 4, 968 965 Vol. 8, No. 1, 969 The Virginia Numismatist: April 1966 May 1966 Looking at Literature (Continued from Page 50) The second edition of this catalog lists all the coins issued by Ireland for the 1928-68 period and gives mint- age figures and prices in seven conditions from good through proof for each coin. Prices are given in dollars and pounds sterling. It also lists all the bank notes is- sued by the Irish Free State, seven private banks and the Central Bank of Ireland since 1928. The notes are priced for six conditions. History of Chinese Paper Currency, Vol. 1, by King 0. Mao; 1968; 800 pages, 652 photographs. Published by King 0. Mao, 73-D Waterloo Road, 2nd floor, Kowloon, Hong Kong; $18.00 postpaid. An excellent start on a detailed catalog of the always prolific and sometimes confusing Chinese notes is made in this huge volume dealing with the issues of the Cen- tral Bank of China, 1923-49. All of the 392 kinds of notes are classified on a new system according to the different printing houses. Each note is illustrated by an actual size photograph of both obverse and reverse, which is accompanied by a detailed explanation of the design, color, overprinting, signatures, chops and printing. All the Chinese characters and phrases are romanised and translated. The political and economical background of each kind of note is also given. All notes are priced in U. S. dollars in good, fine and uncirculated grades. There is also a detailed list of the amount of notes issued by the Central Bank of China and the names of chief executives. Affleck Wins Award Once again a SPMC member has received the Nathan Gold Memorial Award in recognition of the most out- standing contribution toward the advancement of paper money collecting during the past year. Charles .1. Affleck of Winchester. Virginia, earned the 1969 award for his catalog The Obsolete Paper Money of Virginia, Volume 1. This work is an illustrated study of the paper money -Treasury notes, county, city and town notes, and pri- vate scrip-issued in the Commonwealth of Virginia subsequent to the Revolutionary War. Mr. Affleck is now working on the Second Volume, which will cover the obsolete paper money issues of Virginia's banking insti- tutions. Aimed at perpetuating the aims and collecting ideals of the late Nathan Gold, one of the country's foremost pioneers in currency research, the Nathan Gold Memorial Award was established in 1961 by Numismatic News and its publisher, Chester L. Krause. PAGE 54 Paper Money WHOLE NO. 30 SECRETARY'S REPORT New Membership Roster Dealer or Collector Specialty C National Bank Notes C Large size notes C U.S. No. New Members 2451 Peter Carter, 1420 National Ave., National City, Calif. 92050 2452 Edward Morris, 169 East 69th Street, New York, N. Y. 10021 2453 Joseph Guardo, 27 Newburgh Road, Putnam Lake, Patterson, N. Y. 12563 2454 John Tkach, Jr., Box 755, Bismarck, N. Dak. 58501 2455 S/Sgt. Ray Bows, HHC 4th Trans. Comd., APO San Francisco 96307 2456 Virgil H. Lundy, 1111 East 8th St., Des Moines, Iowa 50316 2457 Guy A. Cruse, 55 East End Avenue, New York, N. Y. 10028 2458 John F. Wall, 2110 Wolcott Ave., Flint, Mich. 48504 2459 William Cross, 346 West Garland Ave., Fresno, Calif. 93705 2460 Robert E. Barnes, 14 Arlington St., Melrose, Mass. 02176 2461 Donald Hare, 51 Clifton Ave., Newark, N. J. 07104 2462 Anthony J. Stiefvater, 393 Locust Ave., Uniondale, N. Y. 11553 2463 Frank P. Gurule, 744 La Vega Ct., S.W., Albuquerque, N. Mex. 87105 2464 Todd M. Baker, ATN 3, B 83 5966, VA 215, F.P.O. San Francisco, Calif. 96601 2465 Paul Baiter, M.D., 96 West Walk, West Haven, Conn. 06516 2466 Fred R. McAlpin, 2848 Fairway Drive, Birmingham, Ala. 35213 2467 John R. Thompson, Jr., 106-D Polly Reed Rd., Birming- ham, Ala. 35215 2468 Albert E. Bertini, 4601 S.W. 100 Ave., Miami, Fla. 33165 2469 Robert R. Johnson, 2223 Riverside Ave., So., Minne- apolis, Minn. 55404 2470 Gerald E. Eger, 458 Crestview Drive, Lebanon, Ohio 45036 2471 T/Sgt. Carl A. Anderson, CMR 4768, Maxwell AFB, Ala. 36112 2472 Sgt. Eugene D. Mayo, 734-A Smith St., Maxwell AFB, Ala. 36113 2473 W. H. Hagan, 17203 Hilliard Road, Lakewood, Ohio 44107 2474 Dr. John F. Rymanowski, 70 Remsen Street, Cohoes, N. Y. 12047 2475 Mario A. Tavares, P. 0. Box 152, Millis, Mass. 02054 2476 Win Hagey, P. 0. Box 13, Sun City, Ariz. 85351 2477 Ralph H. Scott, Fletcher, Vt., P. 0. Cambridge, Vt. 05444 2478 Gerald L. Wine, CMR #1, Box 1244, APO Seattle, Wash. 98742 2479 Norman F. Johnson, M.D., 1665 Carriage House Rd., Pasadena, Calif. 91107 2480 Thomas E. Schmidt, P. 0. Box 879, Springfield, Ill. 2481 Rev. Edward A. Chmielewski, P. 0. Box 2449, Grand Rapids, Mich. 49501 2482 Mrs. P. E. Moore, P. 0. Box 3601-WE, Birmingham, Ala. 35211 2483 Dale Lloyd, P. 0. Box 291, Monticello, Ind. 47960 2484 Joseph R. Mileham, 529 Broad Place, Springfield, Ill. 62703 2485 Wesley Zakovich, P. 0. Box 1861, Cheyenne, Wyo. 82001 2486 Michael R. Humphrey, 9401 Hamlin, Evanston, Ill. 60203 2487 David L. Saulmon, 4303-28th Place, No. 5, Mount Rainier, Md. 20822 2488 Walter 1. Anderson, Quarters D-I, Naval Supply Depot, Mechanicsburg, Pa. 17055 2489 Donald G. Schmoyer, 16745 N.E. Hassalo, Portland, Ore. 97230 2490 J. A. Burgers, v. Blankenburgstraat 16, Den Haag, Holland 2491 Gilbert J. Suarez, 16 Villanova Dr., Jackson, N. J. 08527 2492 Kenneth G. Anderson, 1225 Maryland Ave., Akron, Ohio 44319 C, D North Dakota National Bank Notes and large size notes C Military chits and currency; sutler notes C Silver Certificates Silver Certificates and U. S. Notes, large and small size C C C Small size notes C Small size notes—$1, $2, $5 C German and Swedish notes C Large size notes, Fractional Currency C Fractional Currency, U. S. up to $5 C U. S. before 1935 C Federal Reserve Notes, small size C Small size notes C General C Large size notes C Fractional Currency, U. S. SI and $2 notes C Obsolete notes of Alabama and Savannah, Ga. C Obsolete notes of Alabama, Georgia and Louisiana; Confederate currency C C U. S. small size notes C Fractional Currency C, D C Vermont broken bank notes C Notes from Chicago, Ill. C National Bank Notes C C, D Poland; POW's of all kinds; MPC's; Not- gelds; Assignats C C U. S. and Mexico C, D Illinois broken bank notes C U. S. large size notes and star notes C, D U. S. $1 notes C North Carolina, southern states currency C $1 Federal Reserve Notes C Broken bank notes C Currency of Europe, Asia and Africa C Notes of Ocean County, N. J, C U. S. small size notes WHOLE NO. 30 Paper Money PAGE 55 2493 Robert Main, 26123 Eldridge, Hayward, Calif. 94544 2494 Donald Hassel, 325 Chestnut St., Pottstown, Pa. 19464 2495 John J. Guevrekian, 56 Greenlawn Blvd., Valley Stream, N. Y. 11580 2496 Herbert I. Melnick. 862 Wax Myrtle Ave., Houston, Texas 77024 2497 Anthony F. Nicolazzo, 22256 Marine, East Detroit, Mich. 48021 2498 M. D. Roth, Jr., Box 409, Lansdale, Pa. 19446 2499 Mrs. Dorothy Ott, 841 Harleysville Pike, Harleysville, Pa. 19438 2500 Dr. David H. McMahon, 288 C Madison Mall, Madi- son, N. J. 07940 C U. S. Legal Tender and Silver Certificates $1 and $2; blocks series and star notes C U. S. $1, $2 and $5 by designs C U. S. Colonial and obsolete bank notes; Armenian C C C C U.S. C U. S. broken bank notes Reinstatement 1985 Cees P. Sasburg, Uiterwaardenstraat 222, Amsterdam 1010, Netherlands C World paper money prior to 1900, including obsolete U. S. notes Deceased 931 Charles Christman 100 Carl P. Kaufmann 2223 Alfred G. Schafer 1938 John J. Davis Correction in Name 2202 Clarence L. Criswell 2335 Walter C. Fritzsche 1172 Albert I. Donn 340 Charles F. Goldman 1105 William R. Geijsbeek 2050 Raymon F. Hatfield 1260 Donald J. Gunnet 1476 Dorthy Humitsch 602 N. M. Hoffmann 1927 Lewis A. Peterson, M.D. 281 Maj. Alvin E. Naumann, (Ret.) 111 Harold Salmanowitz 1751 Frank Stopyra 1240 Jeffrey Wexler 2249 Chas. H. Day Correction in Membership Number 2396 Jack Klausen SPMC Nominations In accordance with Article III, Section 3a, of the By- Laws of this Society, as amended in February 1968, this committee nominates the following members to serve as members of the Board of Governors for the terms indicated: Three years Thomas C. Bain, Richard T. Hoober, J. Roy Pennell, Jr.. George W. Wait, M. 0. Warns. Two years—William P. Donlon, James L. Grebinger, Brent H. Hughes. Charles O'Donnell. Other nominations may be made as provided in the By-Laws. Election will take place at the Society's An- nual Meeting to be held at Philadelphia on August 15, 1969. GLENN B. SMEDLEY, Chairman HAROLD R. KLEIN I. T. KOPICKI Paper Money Exhibits Star at CSNS Show Although the Central States Numismatic Society show held in Chicago in May was not set up in the traditional categories, paper money managed to play a leading role through eight exhibits. The categories were art. eco- nomics-commerce. history, geography, and religion-my- thology. In art were Mrs. Philip Budd's educational series silver certificates and Victor Seibert's essays for Polish notes. Maurice Burgett's entry in economics-commerce con- sisted of five cases of emergency depression scrip, with a very complete write-up. Neil Shaefer chose the theme "Funny Money" for his entry in the same category. It was a mixed media presentation—to use the term coined by Chairman Jim Budd—of advertising and Propa- ganda notes, coins and imitations. Mr. Burgett's Grand Award-winning entry in history was an intriguing dis- play of the very rare currency of the Confederate Indians as featured in Paper Money No. 21. He used portraits of the various chiefs mounted in old-fashioned valentine fashion to enhance the notes. Mr. Seibert had another entry, too, this one in the catch-all general section. It consisted of Polish military occupation and local notes. Arlie Slabaugh entered U. S. military scrip in five cases. Finally, Allan Moskovitz showed several attractive panels of Michigan obsolete notes, mounted in much the same fashion as those of his famous father, Irving. PART II CATALOGUE NO. 7 . . . OF . . . THE FAIL -LW -US WISMERA)SMUN PAPER MONEY COLLECTION GOES TO MAIL AND AUCTION FLOOR BID AUGUST 7th, 8th and 9th, WEEKEND BEFORE A.N.A. SHERATON HOTEL -- 18th & Kennedy Blvd., Philadelphia, Pa. FEATURING MORE OF THE SAME AND MANY DIFFERENT OBSOLETE NOTES, SCRIP, SHEETS, BOTH UNCIRCULATED & PROOF. MORMON - BOOKS ON BANKING—COUNTERFEIT DETECTORS. AUTOGRAPHS AND COINS. (APPROXIMATELY 2000 LOTS) —If you have not already done so, send for catalogue #7 and prices realized—$1.00— Sorry if you missed the April Sale or if you were unsuccessful in your Mail Bids. Here are some of the highlights of realized prices: #320 Clark Gruber $675.00 Highest Amt. Ever Realized on Obsolete Note #1294 A. Lincoln Document $750.00 #1364 Western Diary $900.00 The scrip did very well: #89 Early Penn. Sheet 24 Notes $600.00 The uncut sheets enjoyed spirited bidding and the #459 8.00 Bank of Pontiac $180.00 books brought fine prices. #695 20.00 Mormon Note $260.00 The Coin Section went well: #833 Planters & Mech. Bank S. C. $160.00 #1759 1794 Lg. Cent $900.00 #879 9.00 Bank of Charleston S. C. Proof $475.00 #1869 1873 Prf. 2c pc. $640.00 Most of the Proofs made Price History! #2027 1875 S Gem 20c pc. $155.00 #1259 B. Franklin Document $725.00 #2047 1916 St. Lib. Quarter $925.00 STOP AT MY TABLE AT A.N.A. Leave Your Consignments For The • FALL SALE • WITH DOROTHY GERSHENSON COINS & CURRENCY, Inc. 29 SO. 18th ST., PHILADELPHIA, PA. BUYING & SELLING -ILLINOIS- Broken Bank Bills AND National Bank Notes SPECIAL INTEREST IN SPRINGFIELD, ILLINOIS NATIONAL BANK NOTES PLEASE STATE PRICE AND GIVE DESCRIPTION eon Skop 3123 SOUTH 31st. STREET CAPITOL CITY SHOPPING CENTER / SPRINGFIELD, ILLINOIS 62707 Phone (217) 529-6277 LAZY TWO How would you like to own a "Lazy Two" issued by The "First" National Bank to open its doors for business on June 29, 1863? For the next two days this bank en- joyed the unique honor of being the ONE institution in the whole U. S. operating under The National Bank Act. Charter No. 15 instead of Charter No. 1 was assigned to this bank. You can read about this RARE note and many other rare Iowa National Bank Notes in my 1969 offering list. Send self-addressed legal size envelope with 12c postage. HAROLD E. BAKER 2147-B Ronda Granada, Laguna Hills, Calif. 92653 ANA-LM 348: SPMC 1256: INA 449: CSNS 823. SPMC Publications Available TAKE ADVANTAGE OF REDUCED PRICES TO MEMBERS WHILE STOCKS LAST TEXAS 0 SOLETE NOTES AND SCRIP, by Bob Medlar Postpaid to members, $6.00 Others, $10.50 This is a hard-covered book with 204 large pages and 240 full-size illustrations. FLORIDA 0 SOLETE NOTES AND SCRIP, by Harley L. FreemanIli Postpaid to members, $4.00 Others, $5.00 This, too, is a hard-covered book, profusely illustrated, with 103 large pages. Send remittances payable to THE SOCIETY OF PAPER MONEY COLLECTORS, INC. TO J. ROY PENNELL, JR. P. 0. Box 3005, Anderson, S. C. 29621 mmm nnnnn outon.on TENNESSEE CURRENCY NATIONALS: (Large & Small) OBSOLETE CITY STATE PRIVATE COUNTY SCRIPT 11:-7,7 C , 1.1/11, 1, 71ilri- Ay AlnalaSITy or LOW. N I s.% \11 r ',- .1.:''i .. • :- ' '-'4 '... .; 53 ',. ' ..-.1 :.....;; . a 1 zz-4 : '. Z. ;', N) ct,-, - P, (10 -V.•'S,1":,-, '.X 97,4' .Z -44-.V.i,IT i:,.-: -.,;,:i ::.,..:; ,, , gi7(° , y T, IZTO 3D ()LIARS lo ail( avr. i nT,:n;L:" ./..-,.gf..::./...'.[:.:',...•./;.?.(C.._.Clairtnal , . I have a few of the Blount County Script for sale at $17 50. I have about 250 duplicates for sale or trade also! Please describe in detail, grade and price whot you have for sale. All Correspondence Answered! JASPER D. PAYNE 207 Michael St., Knoxville, Tennessee 37914 1111111.111111111(11 MIMI IMAM. VallAIIIVIAMIAIIIVVVINVIIIAIINVIMIYMIIIIIIVINIAPYYM/1111■1111MAPINIA11■111/.111111161110111A111111.1011111111/11111 WWWWWWWWWWWW WWWVIAIWIA1.1•10.1. VIRGINIA NOTES WANTED OBSOLETE AND BROKEN BANKS BUY OR TRADE C. J. AFFLECK 34 PEYTON STREET, WINCHESTER, VA. 22601 FRACTIONAL CURRENCY PAPER MONEY BUY - SELL - TRADE I buy and sell anything in FRACTIONAL CURRENCY SINGLES SHEETS SHIELDS SPECIMENS PROOFS ENTIRE COLLECTIONS FOR SALE TYPE SETS. ALL NEW CRISP 1st Issue (5, 10, 25, 50) 2nd Issue (5, 10, 25, 50) 3rd Issue (3, 5, 10, 25, 50) 4th Issue (10, 15, 25, 50) 5th Issue (10, 25, 50) 1 st-5th 20 pcs. Denomination Set (3, 5, 10, 15, 25, All New 50) 6 pcs. New 57.50 56.00 72.50 55.00 23.00 250.00 69.00 SELL TO A SPECIALIST FOR THE BEST PRICE. Thomas E. Werner 505 N. WALNUT ST., WEST CHESTER, PA. 19380 U. S. LARGE SIZE ONLY ALL SERIES YOUR WANT LIST RESPECTFULLY SOLICITED RESEARCH INQUIRIES INVITED M. PERLMUTTER A.N.A., A.N.S., S.P.M.C., P.M.C.M. P. 0. BOX 48 WATERTOWN, MASS. 02172 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 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 CONFEDERATE CURRENCY AND BONDS 1. $50 July 25, 1861; Washington, Tellus left, type 8 #15, unc. $20.00 2. $50 Sept. 2, 1861; Moneta and Treasure Chests, type 14 #75 unc. $ 6.50 3. $20 Sept. 2, 1861; X X right inverted, type 18 #109, very good $ 9.00 4. $10 Sept. 2, 1861; Group of Indians, type 22, #151, fine $50.00 5. $10 Sept. 2, 1861; Liberty & Commerce - Urn, type 28 #231 unc. $15.00 6. $100 Oct. 11, 1862; Train - Diffused Steam, type 40 #298, v.g.± $ 3.50 7. $100 Aug. 26, 1862; Scroll #1, plain paper type 41 #310 (R.8) v.f. $18.50 8. $2.00 June 2, 1862; South striking down the Union, type 42 #335 A.0 $ 8.00 9. $10 April 6, 1863; 'D' no series, plain paper, type 59 #435/11 unc. $ 4.00 10. $1.00 April 6, 1863; Clement C. Clay, type 62 #474, unc. $ 5.00 11. $500 Feb. 17, 1864; type 64 #489A, bright red detailed line, unc. $22.50 12.. $2.00 Feb. 17, 1864; type 70 #567, large 2 at center, unc. $ 5.00 13. 50c Feb. 17, 1864; Jefferson Davis, type 72 #578 1st. series unc. $ 2.00 14. $1000 bond May 1. 1861; Montgomery issue, Cris- well #8, 19 coupons, XF $45.00 15. $500 Bond authorized Aug. 16, 1961, dated Feb. 12, 1862. 11 coupons, Cr. #54, very fine $25.00 16. JEFFERSON DAVIS BAIL BOND, replica of the one and only Jefferson Davis Bail Bond at Richmond, Va. Nov. 1867. Each bond is in its own illustrated envelope; both the bond and envelope show the Jefferson Davis lith. of Charles L. Ludwig, Richmond, Va. who was the Ludwig of Hoyer and Ludwig, printers of Confederate Bonds. notes and stamps during the Confederate Period. These bonds are clearly marked 'Fac-Simile of Original Bond' and were copyrighted and issued in 1895. All of our paper money stock is genuine as we neither buy no , sell fae-sim'les with the exception of these Bail Bonds, which are of great historic interest. We have 11 bonds to sell, all X. Fine at $5.00 each HELEN H. WILLIAMSON ORLEANS COIN SHOP 628 Belleville Ave., Brewton, Ala. 36426 S.P.M.C. #1850 ANA #20431 "LIGHT WEIGHT" Currency Holders Stock Small Regular Each .05 .03 Per 100 4.00 6.50 FOREIGN CURRENCY HOLDERS Stock No. A-1 A-2 3 5/8x5 3/4 3 7/8)(6 Each .05 .08 Per 100 4.00 6.50 Stock No. B-1 B-2 2 1/sx4 1/4 3 1/8 x5 Each .03 .05 Per 100 2.00 4.00 SHEET PROTECTORS WITH BLACK INSERTS 8 1/2x11 Per 10 Per 100 Light Weight 1.25 9.00 Heavy Weight 2.25 18.00 Illinois Residents Please Add 5% Sales Tax VILLAGE SALES UNLIMITED P. 0. BOX 225E, OAK PARK, ILLINOIS 60303 Obsolete Currency Auction 1—ALA—Central Bank, Montgomery $1.00 Justice and Scales, 1861, Very Good 2—ALA—Commercial Bank, Selma $2.00 Men's Portraits, 1861 fine 3—ALA—Central Bank, Montgomery $3.00 Portrait Jackson, 1856, very good 4—ALA--Central Bank, Montgomery $5.00 Wharf Scene, 1855, very good 5—ALA--Central Bank, Montgomery $10.00 Town Site, 1855, very good 6—ALA—Central Bank, $50.00, Liberty on Seal, 1855, sm. pc. mis., good 7—ARK—Treasury Warrant $1.00 Jeff. Davis, April, 1862, signed, fine 8—ARK—Treasury Warrant $3.00 July, 1862, tape repair, signed, fine 9--CALIF—San Diego Clearing House certificates, $1, 5, 10, 20, uncirculated 10—CONN—Litchfield Bank $1.00 Cattle in Field, 1858 very good 11—CONN—Farmers Bank, Bridgeport $2.00 Cattle & portrait, 1856, fine 12—CONN—Charter Oak Bank, Hartford $3.00 Oak Tree, 1862, very good 13—CONN—Charter Oak Bank, Hartford $5.00 Oak Tree, 1855, fine 14—CONN—City Bank of New Haven $10.00 Church Square, 1857, very fine 15—CONN—Merchants Bank of New Haven $20.00 Three Maidens, 1853, fine 16—DC—Columbia Bank, Washington $5.00 Three Maidens, 1852, very good 17—DC—Chesapeake & Ohio Canal Co. $10.00 Signing of Dec. 1840, very fine 18—GA—Augusta Savings Bank 250 7 Star Confederate Flag, 1861, good 19—GA—Augusta Insurance & Banking Co. 750, 1863, signed, unc. 20—GA—Merchants & Planters Bank $2.00 Savannah, Reapers, 1859, very good 21—GA—Merchants & Planters Bank, Savannah $3.00 Steamship, 1859, very fine 22—GA—Bank of Columbus $10.00 Mother and Children, 1859, fine 23—GA—Bank of Augusta $50.00 Washington, Madison, Marshall, 1850, very good 24—ILL—Bank of Belleville $2.00 Cattle and Farm, 1856, fine 25—ILL—Humboldt Bank, Naperville, $3.00 Sheep and Cattle, 1860, very good 26—IND--Citizens Bank, Gosport $2.00 Steam Locomotive, 1857, very fine 27—IND—Manufacturers Bank, Hartford $10.00 Horses at Troth, 1858, very good 28—KY—Newport Lyceum Bank $1.00 Lady and Boat, 1837, very good 29—KY—Bank of Kentucky, Newport $2.00 Govenor, 1854, tip off, fine 30—KY—Bank of Kentucky, Newport $3.00 Three Maidens, 1853, fine 31—LA—Bank of Commerce, New Orleans $1.00 Steam Sailing Ship, 1862, fine 32—LA—City of New Orleans $5.00 Paddle Wheeler, 1864, fine 33—LA—State of Louisiana, "Baby Bond" $5.00, 1875, 4 coupons, unc. 34—LA—City of New Orleans $2.00 Sailor, 1862, signed, good 35—LA—Bank of Louisiana, Steam Locomotive, 1853, tip off, repairs, good, $50.00 36—MA—Lincoln Co Bank, Wiscasset $2.00 Sailors at Wharf, 1862, very good 37—MA—Frankfort Bank $5.00 Mercury at Anchor, 1836, fine 38—MA—New England Bank, Fairmount $20.00, Indian, 1857, unc. 39—MD—Somerset & Worcester Bank, Salisbury $1.00 Maiden, 1862, unc. 40—MD—Somerset & Worcester Bank, Salisbury $2.00 Milk Maid, 1862, unc. 41—MD—Susquehana Bridge & Bank Co, Port Deposit $10.00, 1833, fine 42—MASS—Cochituate Bank, Boston $1.00 Eagle on Rock, 1857, fine 43—MASS—Castine Bank $5.00 Handwritten date, 1818, very good 44—MASS—Cochituate Bank, Boston $10.00 "X", 1850, very good 45—MASS—Bank of Brighton $20.00 Town Square, 1851, fine 96—MASS—Bank of Brighton $50.00 Cattle Drive, 1850, fine 47—MICH—Franklin Bank of Sandstone $1.00 Barry, 1838, fine 48—MICH—Bank of Macomb, Mt. Clemens $2.00, Red Two, 1858, very fine 49—MICH—Detroit City Bank $3.00 Liberty, tip off, 1837, very fine 50—MO—Missouri Defense Bond $50.00 Negro with Cotton, 186-, very good 51—MO—Missouri Defense Bond $100.00 Jeff. Davis, 186-, extra fine 52—MISS—Mississippi Shipping Co. Natchez $1.00 Justice, 1839, very fine 53—MISS—State of Mississippi $3.00 Soldier on Guard, 1864, unc. 54—MISS—Lake Washington & Deer Creek RR, Princeton, $10.00, 1837, very good 55—MISS—Lake Washington & Deer Creek RR, Princeton, $20.00 1837, fine 56—NEB—Bank of Florence $5.00 President Fillmore, 18—, unsigned, unc. 57—NJ—Monmouth Bank, Freehold $3.00, Milk Maids, 1841, fine 58—NJ—State Bank of Newark $10.00 Church, 1864, fine 59—NY—Bank of Tioga, Owego 250 Washington, 1862, very fine 60—NY—Red Hook Building Co. $1.00 Blacksmith, 1838, fine 61—NY—Elgin Bank, Rome $2.00 Harvest Scene, 1852, very good 62—NY—Oswegatchie Bank, Ogdensburgh $5.00, Boats, 1861, very good 63—NY—New York Loan Co. $20.00 Cherub on Lion, 1838, Crisp 64—NH—Exeter Bank $1.00, Daniel Webster, 1855, very good Closing date July 15th. Bid by lot number please. Usual rules. PAUL R. PEEL 1748 Sawyer Way, Colorado Springs, Colorado 80915 Large .10 8.50 A-3 4 1/4x6 1/s .10 8.50 B-3 3 3/4 x6 3/4 .08 6.50 OHIO OBSOLETE NOTES 10.00 Owl Creek Bank. 1816. Letter A. Fine. Mended 3.00 Owl Creek Bank. 1816. Letter A. V.F. 5.00 Owl Creek Bank. 1816. Letter A. Fine 121/2c Owl Creek Bank. 1817. V.F. 50c Owl Creek Bank. 1817. X.F. 1-2-3-5-10 Franklin Silk Co. 18-. U/S. Unc. 3.00 Farmers & Mechanics Bank. 1816. V.F. 20.00 Farmers & Mechanics Bank. 1813. Letter B. V.F 6 1/4 -12 1/2 -25-50c Griswold ; Worthington scrip. 1816 F-VF 5.00 Cuyahoga Falls Real Estate Ass'n. 1838. A.U 3.00 Lancaster, Ohio Bank. 1828. Cor. off. V.G. 10.00 Urbana Banking Co. 1816. Letter A. V.F. 3.00 Bank of Marietta. 1836. Letter A. Sm. cor off. F. 10.00 Bank of Gallipolis. 1839. Letter A. V.F. 2.00 Canfield & Alford, Youngstown scrip. Cor off. V.G. 1.00 Fostoria Ind. Corp. Depression scrip. A.U. 1.00 Jefferson Bank of New Salem. 1817. Letter A. X.F. 2.00 Vienna Store. 1877. A.U. 1.00 Manhattan Bank. 1837. Letter A. Mended. V.G 100.00 Ohio River Bank. 1838. Fantasy. V.F. $15.00 16.00 12.00 14.00 15.00 18.00 21.00 15.00 36.00 15.00 20.00 33.00 20.00 7.50 9.50 1.25 9.00 7.00 8.00 5.00 Notes of many other states also in stock. Notes in all series wanted. RICHARD T. HOOBER P. 0. BOX 196, NEWFOUNDLAND, PENNA. 18445. Is still buying certain UnCut Sheets of Old Bank Checks as well as certain UnCut Sheets of Broken Bank Bills. 10c Bill. Gottlieb Mercantile Co., Coke- dale, Colorado. Dated Jan. 1, 1911, only Fair but Rare Bill. $39.75 10c County of Botetourt, Va. 1862 A.U 5.00 10c County of Augusta, Va. 1862 A.U. 4.50 $1.00 County of Augusta, Va. 1862 A.U 6.25 City of Richmond, Va. 1862. 25c, 30c, 50c, 60c, 75c V.G. each 3.50 City of Portsmouth, Va. 25c, 50c, 1.00, 2.00 Good. each 3.75 Central Bank of Virginia, Staunton. $5.00, $10.00, $20.00. V.G. each 5.50 Radford Furnace, Pulaski, Va. 5c, 25c, 50c About Unc. Dated 1874 POR UnCut Sheet. City of Richmond, Va. 1862 60c-60c-60c A.U. 29.75 Boylston Nat. Bank, Sheet of 3 Checks Boston, Mass. 188- A.U. 3.50 Frank F. Sprinkle P. 0. BOX 864 BLUEFIELD, W. VA. 24701 SPRINKLE EXPERIMENTAL NOTES • $ 1 1928A X-B VF $ 40.00 $1 1928A Y-B Good 15.00 $1 1928A Z-B nearly CU 100.00 $1 1928B X-B Good 15.00 $ 1 1928B Y-B Good 15.00 VG 20.00 XF 50.00 $1 1928B Z-B Good 15.00 $1 1935 A-B pinholes VF+ 20.00 $1 1935 B-B VG/F 50.00 CU 200.00 $1 1935 C-B Good 30.00 dirty VF 60.00 $1 1935A Red "S" VG 1 5.00 $1 1935A "R" & "S" pair ....Good 25.00 CU 150.00 Selling your collection? We want to buy. • PIEDMONT COIN COMPANY POST OFFICE BOX 848 BURLINGTON, N. C. 27215 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 MISSISSIPPI • UNCUT SHEETS: 12, $1 notes, Macon 1864 $95.00 7, $2 and 5, $3 notes, Macon 1864 85.00 15, 50c notes, Macon 1864 95.00 15, 25c notes, Macon 1864 75.00 5-5-10-20 Holley Springs 27.50 • WANTED: Mississippi broken bank notes for my collection. Will pay cash or trade. Also: Need Mississippi merchants tokens, medals, trade checks. • BYRON W. COOK A.N.A., S.P.M.C. P. O. BOX 181 JACKSON, MISS. 39205 Legal Tender Notes FR. # 19 $1, 1870, Crisp Unc. 125.00 39 $1, 1917, Crisp Unc. 22.50 42 $2, 1869, V.G. 72.50 83 $5, V.F.-E.F. 20.50; Cr. X.F. 21.50; C.U. 40.00 84 $5, 1907, E.F. 20.00 85 $5, X.F. 20.00; Cr Unc. 35.00 87 $5, V.F.-X.F. 20.00; Cr. Unc. 35.00 88 V.G.-F. 13.00; F.-V.F 15.00; Cr. X.F. 20.00 91 $5, V.F.-X.F. 20.00; Cr. X.F. 21.50 ; C.U. 30.00 $5 Pioneer Family wholesale lot of 10 notes, Ave. X.F. 150.00 147 $20, 1880, F.-V.F. 47.50; X.F. 70.00 Silver Certificates 224 $1, 1896, Educational, Cr. Unc. 92.50 237 $1, 1923, Cr. Unc. 17.50 238 $1, 1923, Cr. Unc. 25.00 245 $2, 1891, V.F. 115.00 246 $2, 1891, V.G.-F. 85.00 248 $2 Educational, About Good 35.00 260 $5, 1886, V.G. 65.00 269 $5, Educational V.F.+ 137.50 Treasury or Coin Notes 348 $1, 1890, V.G. 80.00 357 $2, 1891, Cr. A.U. 150.00 361 $5, 1890, Fine 140.00 Nationals 574 (S-997) "Five Dollars", W. Va., G.-V.G. 77.50 581 (S-1087) "Twenty Dol- lars", East Brady, Pa. V.G. 80.00 627 $10, Appleton, Wis. V.F. 30.00 643 $20, Wis. Rapids, Wis. V.F. 60.00 $1, 1918 Federal Re- serve Bank Note 743, San Francisco, Cr. A.U. 37.50 1914 Federal Reserve Notes FR. • 859 $5, Cleveland X.F. 16.00 859-b Cr. A.U.-Unc. 23.00 879 $5, Mpls. V.F. 13.00, X.F. 13.75 880 $5, Mpls. V.F. 13.00 893 $10, N. Y. Red Seal X.F. 45.00 936 $10, Mpls. V.F. 14.00; X.F. 17.50 999 $20, Mpls. X.F. 27.00 Gold Certificates 1172 $10, 1907, F.-V.F. 30.00 1173 $10, 1922, F.-V.F. 25.00; V.F. 30.00; V.F.-X.F. 35.00 1187 $20, 1922, X.F. 40.00 Fractional Currency 1226 3c, Cr. A.U.-Unc. 17.5C 1230 5c, X.F.-A.U. 8.50; C.U. 15.00 1232 5c, V.F. 5.00 1233 5c, Cr. Unc. 12.00 1242 10c, V.F. 5.00; X.F 6.25 ; A.U.-Unc. 11.00 1243 10c, X.F. 20.00 1255 10c, Cr. Unc. 12.50 1259 10c, Cr. Unc. 11.00 1264 10c, Cr. Unc. 11.00 1266 10c, Cr. Unc. 8.00 1281 25c, V.F. 7.50 1308 25c, Cr. Unc. 7.50 1309 25c, Cr. Unc. 9.00 1312 50c, V.G. 9.00; X.F. 14.00 1376 50c, X.F. 8.50 1379 50c, V.F. 8.50; Cr A.U.-Unc. 19.00 Small Size Notes 1502 $1, 1928A, S. C., V.G. 3.00 1800-1 $5, Duluth, Minn. National, F. 9.50 1802-1 $20, David City, Nebr., National Abt Fine 27.50 1900-D $1, 1963 Cleveland, C.U. 1.10 1900-J $1, 1963, K.C., C.U Star 1.35 1901-G $1, 1963A, Chicago, C.U. 1.10 ; star 1.30 2152-A $100, 1934 Boston, C.U. 125.00 2300 $1, Hawaii, Cr. Unc 7.75 2307 $5, No. Africa Yel- low Seal, C.U. 25.00 CURRENCY • Large-Size Small-Size Fractional WANTED TO BUY North Dakota Nationals (LARGE OR SMALL) PLEASE OFFER YOUR NORTH DAKOTA TO US BY CONDI- TION AND PRICE. BUYING ALL TOWNS AND CITIES. • FRED L. BUZA P. 0. Box 301-P Plover, Wis. 54467 A.N.A. 19342 (Member 19 years) S.P.M.C. CENTENNIAL COIN CO. BOX 755 BISMARCK, NORTH DAKOTA 58501 SPMC 2454 WANTED TO BUY NEW JERSEY OBSOLETE CURRENCY Issued By The Following Banks Manufacturers Bank at Bellville Belvidere Bank Ocean Bank, Bergen Iron Works Bank of Bloomfield Bordentown Banking Company Cumberland Bank of New Jersey, Bridgeton Bank of Burlington Mechanics Bank, Burlington Farmers and Mechanics Bank, Camden State Bank at Camden Atlantic Bank, Cape May Court House Clinton Bank Farmers Bank at Wantage Bank of North America, Flemington Hunterdon County Bank, Flemington Franklinite Bank, Franklin Union Bank, Frenchtown Bergen County Bank, Hackensack Central Bank of New Jersey, Hightstown Hoboken City Bank Hudson County Bank, Jersey City Mechanics and Traders Bank, Jersey City Protection and Lombard Bank, Jersey City Keyport and Middletown Steamboat Company Lambertville Bank Burlington County Bank, Medford Iron Bank, Morristown Farmers Bank of New Jersey, Mount Holly Mount Holly Bank Mechanics Bank at Newark Newark Banking and Insurance Company Newark City Bank State Bank at Newark Bank of New Brunswick Bank of New Jersey, New Brunswick Sussex Bank, Newton Orange Bank Mechanics Bank, Patterson National Bank, Patterson Plainfield Bank Farmers and Mechanics Bank, Rahway Rockaway Bank Salem Banking Company Salem Steam Mill and Banking Company Somerset County Bank, Somerville America Bank, Trenton Artisans Bank, Trenton Phoenix Manufacturing Company, Trenton Trenton Banking Company Gloucester County Bank, Woodbury I Am Also Interested in Merchants Scrip of New Jersey. PLEASE WRITE, STATING PRICE. ROBERT R. COOK 93 OVERLOOK ROAD, UPPER MONTCLAIR, NEW JERSEY 07043 SPMC #529 U. S. LARGE NOTES AND SMALL NOTES FOR SALE ALL LISTED BY FRIEDBERG AND DONLON NUMBERS Legal Tender 20 New Spots from Mounting 30.00 27 EF 25.00 28 VF 15.00 41 AG 15.00 42 Fine 50.00 57 New 28.50 60 New 28.50 64 New Spots from Mounting 45.00 68 New Spots from Mounting 65.00 69 New Spots from Mounting 150.00 69 EF 125.00 74 New Spots from Mounting 125.00 85 VG 12.50 - 88 VF 15.75 147 EF 75.00 Silver Certificates 217 and 219 Fine Each 25.00 224 VF 35.00 237 EF 9.25 Treasury or Coin Note 362 VF 65.00 National Bank Notes 380 The Altatic N.B. Boston VG 20.00 383 New Ch. No. 460 150.00 385 VF Ch. No. 1295 75.00 595 New Bank No. 1 Note-Ch. No. 960 100.00 613 F.N.B. City of New York VF 25.00 Federal Reserve Notes 747 VF 30.00 748 EF 60.00 782 New Creased 50.00 845 New 17.50 847 New 19.50 - VF 12.50 850 Fine 9.50 855 New Spots from Mounting 15.00 906 VF 20.00 - 966 VF 32.50 Small Notes SHEETS OF 18 UNCUT NEW AND CRISP D-201-13-1935E Lists at 550.00 Special D-107- 9-1953 Lists at 700.00 Special D-205- 6-1953 Lists at 950.00 Special THE THREE SHEETS SPECIAL 1900.00 500.00 625.00 875.00 201-1 New 201-2 New 201-13 New 201-14 New Star 201-14 New 201-15 New 201-16 New 201-19 New 201 Red R VG 205-1 New 14.00 205-2 New 13.00 205-6 New 11.00 205-8 New 9.00 HAWAII ISSUE HSO5-2 EF 22.50 H510 EF 30.00 H520-1 EF 150.00 GOLD NOTES 6 0-1 VF 27.50 620-1 VF 37.50 Stock of Above Notes Is Not Large. Advise Early Orders Add 3% Sales Tax for Mass. 11.50 8.00 2.75 2.25 1.75 1.85 1.75 1.75 9.50 A.N.A. 2507 AMBROSE J. BROWN 63 POND ST., MARBLEHEAD, MASS. 01945 S.P.M.C. 1661 PHONE 617-631-0016 Broken Bank Notes $50 Bank of Augusta, Unsigned $ 8.00 $100 Bank of Augusta, Unsigned 8.00 $20 Bank of Augusta, Unsigned 4.50 $10 The State of Georgia, March 20, 1865 11.00 $2 The Hoboken Banking & Grazing Co. 5.50 $2 Bank of Whitfield, Ga. Jan. 1, 1860 4.50 $10 Merchants & Planters Bank, Ga. 4.00 $20 The Union Bank, Ga. 1834 6.00 $20 The Bank of Augusta, 1 Sept. 1858 5.00 $1 The Agricultural Bank, Tenn. 1858 30.00 $100 The Mechanics Bank, Augusta 16.00 $100 The Bank of Augusta, Printed on 5c Notes 15.00 $4 The Bank of Augusta, Printed on 10c Notes 8.00 $10 Arkansas Treasury Warrant, White Paper 6.00 $10 Arkansas Treasury Warrant, Blue Paper 7.00 $100 Municipality No. 2, New Orleans 1843 22.50 $50 Bank of Winchester, Va. Unsigned 17.00 $10 Hagerstown Bank, Md. Unsigned 7.00 $20 Bank of La. 1862 7.00 $50 Bank of La. 1862 13.00 $20 State Bank at New Brunswick, Unsigned 6.50 $50 Mississippi Union Bank 1839 11.00 $5 Union Bank of Troy 1839 5.00 $5 Capler's Bank, Palmyra, N. Y. 1854 6.00 $10 Mechanics Bank, Augusta 1854 6.00 25 Cents Indian Bead Bk., Nashua, N.H. 1862 6.00 $1 The City of Omaha, Nebr. Territory 1857 6.50 $2 Bank of East Tenn. 5.00 $5 Bank of East Tenn. 3.75 $10 The State of Ga. March 20, 1865 11.00 $100 The State of Ga. Feb. 1, 1863 6.00 $1000 Canal & Banking Co. Unsigned 12.00 $50 Exchange Bank, Va. 1859 (Green) 11.50 $50 Canal & Banking Co. Unsigned 4.50 $100 Canal & Banking Co. Unsigned 5.50 $100 The State of Ga. Feb. 1, 1863 5.00 $5 Allegany County Bk. 1860 5.00 $5 Allegany County Bk. 1862 5.00 $10 State Bank S. C. 1859 11.00 $5 Bank of S. C. 1859 5.50 $20 Bank of the State of Ga. 1848 6.00 Uncut Sheets $ 1-2-3-5 Western Exchange, Nebr. Unsigned $20.00 1-2-3-5 Western Exchange, Nebr. Signed 40.00 20-20-50-50 State of S. C. Unsigned 15.00 1-1-2-5 Bank of New England, Conn. Unsigned 7.50 10-10-10-10 Canal Bank, Unsigned 7.50 5-5-5-5 Canal & Banking Co. Unsigned 6.00 2-2-3-5 Kelsey H. Douglass, Texas, Unsigned 45.00 3-2-1-50c Washington Ccunty, Texas Civil War 15.00 BAIN ffia BROWN LEE - ROWE 1418 Commerce Street Dallas, Texas 75201 PHONE RI 2-8178 BUYING OR SELLING DEAL WITH DONLON FOR BETTER DEALS! U. S. LARGE SIZE PAPER MONEY OUR SPECIALTY! With this issue Donlon offers a few uncirculated United States Notes, Legal Tender. Many others in stock, very fine to unc. Also Silver Certificates, Treasury Notes, and Gold Certificates. Order with confidence! Prompt refund if not completely satisfied! D101-1 Type 3 F16 D101-4A F19 D101-5 F2'3 D101-17 F35 D101-28 F36 D101-29 F37 D101-31 F19 11101-31A F40 Donlon and Friedberg Numbers are listed for your guidance. ONE DOLLAR U. S. NOTES, ALL UNCIRCULATED. 1862 National Bank Note Co. Beautiful 94.50 1874 Scarce in new condition 119.50 1875 This is Series "C". A toughie 375.00 1380 A Gem 52.50 1917 Lowest priced of this type 19.50 1917 Star Number! Very scarce 12259.05001917 Cut sheet of 4, 1917 series with Serial 1917-18-19-20 1921 Red seal type note 62.50 TWO DOLLAR U. S. NOTES, ALL UNCIRCULATED. D102-1 Ty 2 F41 1862 Type two design 245.00 D102-4 F42 1869 Colorful blue end paper 275.00 D102-7 F48 1878 All large size $2.00 notes, are scarce 125.00 D102-10 F52 1880 Large brown seal 75.00 1)102-17 F56 1880 Small red seal 99.50 D102-30 F59 1917 Small red seal 35.00 D102-31 F60 1917 Lowest priced of this design and seal 29.50 FIVE DOLLAR U. S. NOTES, ALL UNCIRCULATED. D105-1 Ty 3 F63 1863 Type 1, with two serial numbers 169.50 11105-5 F67 1875 This is the scarce Series "B" 172.50 D105-9 F71 1880 Large brown seal. Pioneer Family 77.50 11105-10R P73 1880 Large red seal; same design 145.00 D105-12 F74 1 880 Same seal, same design 145.00 D105-15R F79 1880 Small red seal, same design 69.50 D105-17 F80 1880 Same seal and design 72.50 D105-19 F81 1880 Same Family! Pa, Ma, Baby and Dog! 69.50 D105-22 F81 1907 Same design with ornamental "V" added, at left 35.00 D105-31 F91 1907 Lowest priced of this design 27.50 D105-32 F92 1907 Last series with Pioneer Family 44.50 Higher denominations, $10.00, $20.00, $50.00 also in stock. Send Want List. FREE with $200 PUR- CHASE from above, $12.50 Donlon Flip-Type Album, holds 50 notes. FREE with $100.00 order from above, Donlon Catalog "TT. S. Large Size Paper Money", First Printing of First Edition, collectors item, autographed. DONLON CATALOG, 2nd printing $1.10 ppd. Catalog "U. S. Small Size Paper Money" 1.60 ppd. P. 0. BOX 144 WILLIAM P. DONLON 140 f ESSIOtik NUMISMRTISls uutio • IN C United States Paper Money and Paper Money Supplies. S.P.M.C. NO. 74 UTICA, NEW YORK 13503