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DEVOTED TO THE STUDY OF CURRENCY
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An example of a progressive change-over pair, a type of minor variety on
silver certificates explained in R. S. Carrother's article on I'age 99.
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Paper litenq
1
1
VOL. 8
1969 No. 4
Whole No. 32
OFFICIAL PUBLICATION
OF
society ojf Paper Iitinte9 Cellector4
0 1969 by The Society of Paper Money Collectors, Inc.
c.X., :X, -X, -LtmL CC.) C.x.X..) (X)
BEAUTIFUL UNCUT SHEETS
All Superb Crisp New Sheets. Move up your Collection to "Blue Ribbon Winner" Status with these "Museum Showpieces"-all in the Forefront
of Today's Rarities. In most Items, just one of a kind and priced low-and Subject to Prior Sale.
SILVER CERTIFICATES-UNCUT SHEETS OF 12
201-5 $1.00 192S-D Very Rare even in Single Notes ....Write for Price
201-6 $1.00 1928-E Wanted-Paying an Amazing Top Price
Write
201-8 $1.00 1935 Julian-Morgenthau. Indeed a Rare Sheet $495.00
201-9 $1.00 1935-A Just as Rare 475.00
201-10 $1.00 1935-B Julian-Vinson. Lists and worth $600.00 549.50
201-11 $1.00 1935-C Julian-Snyder. Lists and brings $450.00
427.50
201-12 $1.00 1935-D Clark-Snyder. Last of the Sheets of 12 427.50
205-4 $5.00 1934C Julian-Snyder. Worth full List ($600.00) 547.50
205-5 $5.00 1934-D Clark-Snyder. Just as Rare
547.59
RARE BLOCK OF FOUR
205-5 $5.00 1934-D Clark-Snyder. This from an Uncut Sheet
of 12. Just the one Block of Four. Interesting Display Item 187.50
RARE UNCUT SHEET OF EIGHTEEN
201-13 $1.00 1935-E Priest-Humphrey. Very Rare Sheet
547.50
WANTED-All Uncut Sheets of 18 (Also Sheets of 4 and 12).
LEGAL TENDER-UNCUT SHEETS OF 12
101-13 $1.00 1928 Woods-Woodin. Great Rarity (Only 7 Sheets
Exist) Write
102-4 $2.00 1928-C Julian-Morgenthau. Very Rare Sheet
495.00
102-5 $2.00 1928-D Just as Rare Sheet
475.00
102-6 $2.00 1928-E Julian-Vinson. Worth Full List ($650.00) 627.50
102-7 $2.00 1928-F Julian-Snyder. Lists and Worth $450.00 ....437.50
102-8 $2.00 1928-G Clark-Snyder. Like others, only few sheets
exist 427.50
105-5 $5.00 1928-D Julian-Vinson. Wanted (also Single Notes) Write
105-6 $5.00 1928-E Julian-Snyder. Lists and Worth $550.00
547.50
105-7 $5.00 1928-FClark-Snyder. Just as Rare
527.50
LARGE NATIONALS-UNCUT SHEETS OF 4
305-10 $5.00 1882 St. Paul Nat'l. Bank, Nebraska. Brings
$800.00 749.50
305-39 $5.00 1902 Douglass Nat'l. Bank, Chicago, III.
349.50
305-31 $5.00 1902 Nat'l. City Bank, Long Beach, N.Y. Sheet #5 367.50
305-20 $5.00 1902 Nat'l. Park Bank, New York City 349.50
305-33 $5.00 1902 Dunbar Nat'l. Bank, N.Y. City. Very Rare
Woods-Tate. Single Notes List $75.00. A dealer in Texas
offered a similar Sheet about a year ago for the reasonable
price of $700.09. This superb Sheet only
647.50
305-20T1 $5.00 1902 Equitable Nat'l. Bank of City of New
York. Red Seals. A Great Rarity. Single Notes Lists
(er $100.00. Worth more than
947.50
310-20T1 $10.00(3),
320-20T1 $20.00 1902 lot Nat'l. Bank, Clifton, Kansas. Red
Seal and Very Rare. Single Notes List au $125.00 and $175.00
each. Price only 997.50
310-20T3 $10.00 1902 Nat'l. Park Bank, New York City
449.50
310-20T2 $10.00(3),
320-20T2 $20.00 1902-08 1st Nat'l. Bank, Clifton, Kansas.
Rare Sheet 449.50
CUT AND RECONSTRUCTED SHEETS
Notes on Reconstructed Sheets are neatly Taped on reverse to resemble
Uncut Sheets. # Indicates Cut-Sheets not Taped). Catalogue Prices
shown in ( ).
X101-10 $1.00 1880. F-30 Large Brown Seal ($45.00)
157.50
X102-10 $2.00 1 0. F.52 Seal as last ($85.00)
297.50
X105-15R $5.00 P-SO. F-79 Seal as last ($90.00)
312.50
X110-15R $10.00 1880. F-110 Small Red Seal ($140.00). Scarce
Jackass Item
497.50
X120-15R $20.00 1880. F-140 Seal as last ($225.00). Rare Sheet 697.50
#X150-14 $50.00 1880. F-161. Large Brown Seal ($750.00). Sig-
natures are reversed (Huston & Rosecrans). Indeed Rare
and Interesting 2,497.50
X201-17 $1.00 1891 Silver. F-223 ($80.00) 279.50
X201-17A $1.00 1896 Silver. F-224 ($100.00). Beautiful History,
etc. Sheet 397.50
X210-10 $10.00 1880 Silver. F-289 ($550.00). Singles Rare,
Sheets more so 1,897.50
X250-22 $50.00 1891 Silver. F-334 ($700.00). Great Rarity 2,397.50
X401D-28 $1.00 1918 Federal Reserve. F-718 ($35.00) Cheap
Display Item 99.50
701-19 $1.00 1891 Treasury. F-351 ($100.00) 347.50
702-17 $2.00 1891 As last. F-357 ($250.00) 849.50
#705-19 $5.00 1891 As last. F-364 ($250.00). Rare as Cut-Sheet 869.50
#710-15B $10.00 1891 As last. F-369 ($300.00). Just as Rare .1,049.50
705-14 $5.00 1890 As last. F-359 ($550.00). Great Rarity 2.199.50
X101-31A $1.00 1923 Legal. F-40 ($65.00). Low Nos. 349.50
X101-31A $1.00 1923 As last. Star Sheet, Low Nos., A Great
Rarity, Stars in Sheet form. Only a few exist 549.50
1929 NATIONAL BANK NOTES-UNCUT SHEETS OF 6
305-2 5.00 Type 2 MISSISSIPPI, Columbus. Rarity 5 375.00
305-2 5.00 Type 2 NEW JERSEY, Woodbine. Rarity 3 249.50
305-1 5.00 Type 2 NEW YORK, National City Bank. Rarity
1 229.50
305-2 5.00 Type 2 PFNNA., Hooversville. Rarity 1. No
1 Sheet
305-2 5.00 Type 2 PENNA., Lock Haven. Rarity 1. No. 1
Sheet
310-2 10.00 Type 2 IOWA, Sioux City. Rarity 2 365.00
310-1 10.00 Type 1 MONTANA, Helena. Rarity 6. No. 1
Sheet
310-2 10.00 Type 2 NEW JERSEY, Tuckahoe. Rarity 3. No. 1
Sheet
310-1 10.00 Type 2 NEW YORK, Champlain. Rarity 1, No. 1
Sheet
Single No. 1 1929 $10.00 Nationals from similar Champlain
Sheet
310-2 10.00 Type 2 PENNA., Fawn Grove. Rarity 1, No. 1
Sheet
310-2 10.00 Type 2 PENNA., Philadelphia. Rarity 1. No.
1 Sheet
320-1 20.00 Type 1 NEBR., Grand Island. Rarity 3. No. 1
Sheet 375.00
320-1 20.00 Type 1 NEBR., McCook, Rarity 3. No. 1 Sheet .
"r
375.00
320-2 20.00 Type 2 NEW .JERSEY, Tuckahoe. Rarity 3. No. I
Sheet 375.00
320-1 20.00 Type 1 NEW YORK, Champlain. Rarity 1. No. 1
Sheet 335.00
320-2 20.00 Type 2 SO. CAR., Sumter. Rarity 4. No. 1 Sheet 395.00
320-2 20.00 Type 2 TENN., Memphis. Rarity 4 395.00
OBSOLETE NOTES-UNCUT SHEETS
Beautiful "Broken Bank" Sheets that depict Life in the Last Century.
Supply of most is Limited. Prices will prevail while our Immediate
Supply Lasts.
$1-$1-$2-$5 Stoningdon Bank, Connecticut. Unsigned 17.95
$5-$5-$5-$10 Stonington Pank, Connecticut. Unsigned 19.75
$20-$20-$20-$20 Frankfort, Farmers Bank, Kentucky, Signed 29.75
Similar Sheet--Unsigned 22.75
$5-$5-$5-$5 New Orleans, Canal Bank. Unsigned 7.50
$10-$10-$10-$10 New Orleans, Canal Bank. (Building). Unsigned 6.95
239.50
239.50
549.50
295.01
275.00
39.50
285.00
285.00
BOOKS-The Best on Paper Money
All Postpaid. Ask for List of other Important Works.
Affleck's "The Obsolete Paper Money of Virginia". Volume I
12.50
Volume II-also a classic
12.50
Donlon's "United States Large Size Paper Money". 1861 to 1923 3.00 0
"Catalogue of Small Size Paper Money". 5th Ed. $1.10, New 6th Ed. 1.50*
Goodman-O'Donnell-Schwartz' "Standard Handbook of Modern U.S. Paper Money". New 2nd Edition 1.50*
Friedberg's "Paper Money of the United States". 6th Edition 14.00
Kemm's "Official Guide of Modern U. S. Currency". New 3rd Edition 1.10*
Shafer's "Guide Book of Modern U. S. Currency". 3rd, Latest Edition 2.00*
Criswell's "North American Currency". New 2nd Edition. Over 1,000 pages, Improved,
Fully Illustated, Current Prices
15.00
First Edition of above Book ($15.00). Special, this Month only
9.75
SPECIAL--The Five above Books, Starred* 7.75
Minimum Order $5.00. Add 50c under $50.00. Nebraskans add Sales Tax.
BUY ON OUR E-Z PAYMENT PLAN
$100.00 Minimum. No Carrying Charges. Write for our Amazing Plan.
"Aubrey and Adeline Bebee and their Staff extend Very Best Wishes to all our Friends and Customers for a Happy Holiday Season
and a New Year of Peace, Joy and Prosperity"
KNOWLEDGE pRüFEsslow
NUMISMATISTS
GUILD • INC "
Bebee's. inc.
"Pronto Service"
4514 North 30th Street Area 402-451-4766 Omaha, Nebraska 68111
Paper itionq
VOL. 8 NO. 4
FOURTH QUARTER 1969
WHOLE NO. 32
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 Rear Cover $37.50
$140.00
Inside Front & Rear Cover 35.00
130.00
Full Page 30.00
110.00
Half Page 17.50
60.00
Quarter Page 10.00
35.00
Issue No. 33
Issue No. 34
Issue No. 35
Issue No. 36
Schedule for 1970
Advertising
Deadline
Feb. 15, 1970
May 15, 1970
Aug. 15, 1970
Nov. 15, 1970
Publication
Date
Mar. 8, 1970
June 8, 1970
Sept. 8, 1970
Dec. 8, 1970
CONTENTS
Silver Certificates—A Minor Variety—The Change-Over Pair, by Roland S
Carrothers 99
Philatelic Numismata—A Bank Note Detector Advertisement, by Forrest W
Daniel 104
Rare Signatures on Large Size U. S. Currency (concluded), by Wm. A
Philpott, Jr. 107
Confederate States of America Railroad Company, by N. R. Hilbert, Jr. 109
Territorial National Bank Notes (concluded), by M. Perlmutter 110
The Doylestown Bank, by William B. Warden, Jr. 113
THE SOCIETY OF PAPER MONEY COLLECTORS, INC.
The Winner's Circle 106
Society of Paper Money Collectors, Inc. Ninth Annual Meeting 114
Secretary's Report 115
Dues for 1970 117
S.P.M.C. Membership Directory 117
Hungarian and Confederate Catalogs Highlight Recent Library Accessions 118
society of PapeP litone9 Callectom
OFFICERS
President Glenn B. Smedley, 1127 Washington Blvd., Oak Park, Ill. 60302
Vice-President J. Roy Pennell, Jr., P. 0. Box 3005, Anderson, S. C. 29621
Secretary Vernon L. Brown, P. 0. Box 8984, Fort Lauderdale, Fla. 33310
Treasurer M. 0. Warns, P. 0. Box 1840, Milwaukee, Wis. 53201
APPOINTEES-1969 -70
Librarian Barbara R. Mueller
Attorney Ellis Edlow
BOARD OF GOVERNORS-1969 -70
Thomas C. Bain, William P. Donlon, Harley L. Freeman, Nathan Goldstein II, Maurice
M. Gould, James L. Grebinger, Alfred D. Hoch, Richard T. Hoober, Brent H. Hughes,
John H. Morris, Jr., Charles O'Donnell, J. Roy Pennell, Jr., Glenn B. Smedley, George
W. Wait, M. 0. Warns.
:!JI11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111E
E ==Important NoticeF.- =
E- ==
E E=== Paper Money Is A Copyrighted Publication F.:= =
= =
E =No article originally appearing in this publication, or part thereof or condensa- EE
▪
Lion of same, can be reprinted elsewhere without the express permission of the Editor. a=
=
•
Although your Officers recognize the publicity value to the Society of occasional re- =
E• prints, they cannot allow indiscriminate use of the material from PAPER MONEY in E=
E. 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 E=
E=
way can we maintain the integrity of PAPER MONEY and our contributors. == =
IIIIIIiIiilinifillIliiiiiillimilinilmilliiiiIIIIIIIIIIIIIIImilliffilifininIIIIIIIIIIIIIiinillinnminiiillinifilinitunillnillImillnIllnillillimilililiffilln
WHOLE NO. 32
Paper Money PAGE 99
Silver Certificates
A Minor Variety — The Change - Over Pair
By Roland S. Carrothers
The collector of paper money who is interested in as-
sembling a collection of more than just one of each
type note from the 37 series of small size one, five and
ten dollar Silver Certificates which exist will find many
interesting avenues to follow in arriving at his objective.
The most absorbing and rewarding is, perhaps, the col-
lection of a complete set of letter blocks, but this cannot
be pursued to conclusion without considerable expense
and a great amount of work.
Other avenues, less arduous and not so expensive, are
available through the pursuance of some of the minor
varieties. One of these, the Shifted Face Plate Number,
was the subject of a previous article in PAPER MONEY.
Another very interesting variety, which will be discussed
here, is the Change-Over Pair.
A Change-Over Pair, by definition, consists of a note
of one series tied to a note of another series by consecu-
tive serial numbers. The definition applies to this phe-
nomenon only in its broadest sense because pairs by
such description can be found in several different classes
and types.
A general study of the many possibilities under which
such pairs may be formed seems to indicate that they
fall into the following logical divisions:
Class I. A cut-off transition between one series and an-
other.
Class II. A transition from one series to another and back
again.
Class III. A cut-off transition between one type and an-
other in the same series.
Class IV. A transition back and forth between types in
the same series.
Class V. A transition back and forth between minor types
in the same series. (Poor Man's Change-Over Pair)
These five classes are further divided into two types,
as follows:
The Progressive Pair. Represents a pair in which the
note of the earlier series or type has the lower serial
number and the note of the later series or type has the
next higher number.
The Recessive Pair. Represents a pair in which the note
of the later series or type has the lower serial number
and the note of the earlier series or type has the next
higher number.
The true Change-Over Pair, which, in fact, results
from a cut-off change-over, has been designated here as
Class I for the sake of identification. The Change-Over
Pairs of this class occur only when one series changes
to another series during the running of the same letter
block in each series and the last sheet of the first series
is followed immediately by the first sheet of the next
series. This applies only to those cases in which the
serial number terminating the earlier series is the first
number in the pair and the serial number beginning the
later series is the second number in the pair. In the case
of 12-subject sheets, the last note, in position L on the last
sheet of one series and the first note, in position A on the
first sheet of the following series, constitute the true
Change-Over Pair. In the case of 18-subject sheets,
the last note, in position R on the last sheet of one series
and the last note in position R on the first sheet of the
following series, constitute the true Change-Over Pair.
In the case of 32-subject sheets, such a pair would be
created in the same way as on the 18-subject sheet, but
the notes constituting the true Change-Over Pair would
both be in position H4 on the consecutive sheets. It
should be stated here that the notes in every position on
the two consecutive sheets, except those in positions R
and 114, on 18-subject and 32-subject sheets, respectively,
on which the true Change-Over Pair is created also form
consecutive pairs, but of Class II instead of Class I, as
described above.
True Change-Over Pairs, in the one dollar denomina-
tion, are possible in the transition from Series 1935 Ex-
perimentals, Blocks A-B, B-B, C-B to the same blocks in
the regular issue in Series 1935A; Series 1935D (narrow
back) to Series 1935E in the N-G Block; Series E to
Series F in the P-I Block; Series F to Series G (no motto)
in the B-J Block; Series G (with motto) to Series H in
the D-J Block; and Series 1957A to Series 1957B in the
Q-A Block. In the five dollar denomination, there exist
only two possibilities for true Change-Over Pairs, in the
transition from Series 1953 to Series 1953A in the D-A
Block and from Series 1953A to Series 1953B in the
F-A Block. In the ten dollar denomination, there also
are two true Change-Over Pairs, in the transition from
Series 1953 to Series 1953A and from Series 1953A to
Series 1953B, both in Block A-A.
The transition from the one dollar Series F to Series
G (no motto) above is unique in that three changes were
actually made in Block B-J. First a change was made ter-
minating Series 1935F at serial number B54000000J and
beginning Series 1935G (no motto) with serial number
54000001J but, after 17,640,000 notes were printed in
Series 1935G (no motto), 360,000 additional unfinished
notes of Series 1935F were found and a change was made
from Series 1935G (no motto) back to Series 1935F
to print them. Following the late printing of these
Series 1935 notes with serial numbers B71640001J to
B72000000J, which constitute the well-known and highly
prized B71—J variety, the change was made back to
Series 1935G (no motto) to complete the block. In the
strictest interpretation of the definition, only the second
progressive change should have been designated as Class
I, and the first progressive change, as well as the follow-
ing recessive change should have been designated Class
II, but, because of the uniqueness of the situation, they
TWA DE
”Doe At.
SO ADD
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Class II—Progressive Change-Over Pair
Series 1928A - F87881964B
Series 1928B - F87881965B
Class IV—Progressive Change-Over Pair
Series 1935D (Wide Back) - B84348324G
Series 1935D (Narrow Back) - B84348325G
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WHOLE NO. 32
Paper Money PAGE 101
Class V—Recessive Change-Over Pair (Poor Man's)
Series 193.3E (Open Type Face Plate No.) - E13185517I
Series 1935E (Close Type Face Plate No.) - E13185518I
CHANGE-CV/2 PAIRS
Actual Examples in Each Class
Class I. Series 1935D (Narrow back) - N46944000G
Series 1935E - N46944001G
Series 1935G (Nc motto) - B716400003
Series 1935F (Late Prinling) - B716400011
Class II. Series 1928A - F87881964B
Series 192BB - F87881965B
Series 1928B - F87861970B
Series 1928A - F87881971B
Class III. Series 1935A - L75996000C
Series 1935A-Hawaii - L75996001C
Series 1935A-Hawaii - L78996000C
Series 1935A - L78996001C
Class IV. Series 1935D (Wide hack) - B84348324G
Series 1935D (Narrow back) - B84348325G
Series 1935D (Narrow back) - B84348330G
Series 1935D (Wide hack) - B84348331G
Prcgressive Type
Recessive Type
Progressive Type
Recessive Type
Progressive Type
Recessive Type
Progressive Type
Regressive Type
Class V. Series 1935E (Cpen Type Face Plate Number) - E1:518115171 Recessive
Series 1935E (Close Type Face Plate Number) - E151855181 Type
PAGE 102
Paper Money WHOLE NO. 32
were all given the higher rating. This situation of a
change from one series to the next, followed by a rever-
sion to the first series an dthe final return to the second
series to complete the block clearly illustrates the char-
acter of Progressive and Recessive pairs. Thus the Re-
cessive pair above, between the two Progressive pairs,
becomes the only such occurrence in Class I.
The true Change-Over Pairs, 14 in all, in the one, five
and ten dollar small size Silver Certificates are only one
of a kind, and very few of us will ever be fortunate
enough to see any of them, let alone possess one. The
other four Classes, however, provide so-called Change-
Over Pairs which are more plentiful and not so hard to
obtain.
The Change-Over Pairs next in importance to the true
variety in Class I are placed in Class II and also involve
transitions from one series to another, but differ in that
many changes from one series to the other may occur in
either direction in a letter block, occasioned by the simul-
taneous printing of two or more series. One illustration
of this phenomenon was observed in 50 consecutive notes
comprising the last half of an original pack of 100.
Thirty-four of these are listed in the accompanying tabu-
lation, "Change-Over Pairs in a Block of 34 Consecutive
Notes. Series 1928A & 1928B in Block F-B" and the
photograph of one of the pairs. It is readily seen that, of
the first seven sheets from which this run was taken, four
are Series 1928A and three are Series 1928B, alternating
one and one, and thus creating six Change-Over Pairs,
three Progressive Type and three Recessive Type. How
the sheets got in that order is conjectural, but it seems
probable that they may have had some expert help.
Another thing of interest here is that all notes are
from the left hand column of six notes, positions A to F
on the sheet. Since the 12-subject sheets were cut in
two, vertically, before the serial numbers were applied,
there was an equal number of half sheets containing the
right hand column of six notes, positions G to L. Thus
there are always as many possibilities of having Change-
Over Pairs with the letters L and G as there are F and A.
The change-over between series and back again is not
limited to any two consecutive series but may be found
in two series which are not adjacent to each other; for
example, pairs comprising Series 1928A and Series
1928C, Series 1928A and Series 1928D, Series 1928A and
Series 1928E, Series 1928B and 1928D, Series 1928B and
1928E, Series 1928C and Series 1928E. A striking ex-
ample of this type may be seen on Page 5, Figures 8 & 9,
of the Standard Handbook of Modern U.S. Paper Money,
First Edition, by Goodman, Schwartz and O'Donnell.
Change-Over Pairs in Class II are relatively numerous,
occurring in 117 possible block and 18 series combinations
in one dollar notes, ten block and five series combinations
in five dollar notes and 14 block and seven series in
ten dollar notes. These are, by no means, all the pairs that
are possible because they can occur in both Progressive
and Recessive types, which alone could double the num-
ber, and also in an unknown number of repetitions in
each combination.
Change-Over Pairs of Class III are of the cut-off
variety, similar to Class I, but instead of being between
two series, are between different types in the same series.
This class is to be found in the one dollar Series 1935A
notes, between the regular issue and the Hawaii and
North Africa World War II Emergency issues, and be-
tween the regular issue and the Red "R" and Red "S"
Experimental issues; in the five and ten dollar Series
1934, it is found only between the regular issues and the
North Africa World War II Emergency issue.
In this group are 16 Progressive Type and 13 Recessive
Type pairs of one dollar notes, involving Series 1935A
Blocks X-B, Y-B, A-C, B-C, C-C, F-C, I-C, L-C, P-C,
R-C and S-C. Six Progressive Type and six Recessive
Type pairs of five dollar notes are in this group, involv-
ing only Series 1934A Block K-A. Six Progressive Type
and six Recessive Type pairs of ten dollar notes are in
this group, involving Series 1934A Blocks A-A and B-A.
At a time when, formerly, the machines which applied
the serial numbers to the notes were capable of printing
the number 100,000,000, a Change-Over Pair was cre-
ated by the transition from the end of one block in a
series to the beginning of the next block in that series.
An example of this would be a pair in which the first
note would have serial number A100000000A, and the
second note would have serial number B000000001A.
This would have been a Class III pair, except when a
series terminated at the end of a block, in which case
it would have been Class I. This type is no longer
possible due to the eight digit limitation of the present
numbering machines. Now the last number in any block
is 99,999,999 and the 100,000,000th note is a star note
with a wholly unrelated serial number, which does not
distinguish it from the star notes which terminate every
other letter block or the ones which replace all the notes
damaged in the printing process.
Fourth in importance are the pairs of Class IV, which
are similar to Class II, but instead of being changes
back and forth between series, they are changes in the
same block between different types in the same series.
Possible combinations producing pairs in this class are
exceeded only by those in Class II. There are 77 block
and ten series combinations in the one dollar denomina-
tion, 27 block and seven series combinations in the
five dollar denomination, and 14 block and eight series
combinations in the ten dollar denomination. These
figures, too, can be doubled to provide for both Progres-
sive and Recessive Types, and can be further expanded by
the repetition of pairs in each of the blocks.
Class V has been included here to illustrate how far
the classification of this variety can be carried and to
demonstrate the inequity of applying a single price to
all Change-Over Pairs. It is obvious that the pairs of
Classes II, IV and V can not possibly have a value even
approaching that which the unique pairs of Classes I
and III can command.
For those interested in Class V, the Poor Man's Change-
Over Pairs, it comprises the changes back and forth be-
tween minor types in the same series. Not enough infor-
i',F P.d Fottxl, /771,
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,7" SAN FISANCISCo.
Paper MoneyWHOLE NO. 32 PAGE 103
mation is at hand to establish the total occurrence of this
variety, but it should be substantial. The pair illustrated
in the accompanying photograph occurred in Block E-1
of Series 1935E in a change from the Open Type Face
Plate Number to the Close Type. This is a Recessive
Type pair because the Close Type Face Plate Number
preceded the Open Type in usage.
A search for the various classes of possible Change-
Over Pairs described here may lead to the discovery
of others not heretofore found, and, some new ones not
included in our present knowledge may be found. Any
additional knowledge pertaining to this subject, not cov-
ered in this article, will be welcome, and any questions
or comments may be referred to the writer at 46 Harbord
Court, Oakland. California 94618.
While they last excellent copies of
the very rare NATIONAL COUNTERFEIT
DETECTOR. (1912-18.) Lists all known
counterfeits in all series, 1862 to date of
issue! About 64 pages each. A wealth of
information for the collector, dealer and re-
searcher. Postpaid $20 per copy.
Parties unknown to us MUST remit by certi-
fied, bank check or money order, PLEASE.
M. PERLMUTTER
P. 0. BOX 48
WATERTOWN, MASS., 02172
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.
(.79;7:0 GIV-
PAGE 104
Paper Money WHOLE NO. 32
Philatelic Numismata
A Bank Note Detector Advertisement
By Forrest W. Daniel
Hewet & Co., New York, publishers of "Hewet's Fac-
Simile Bank-Note Detecter," used an unusual envelope
when they mailed advertising material to potential cus-
tomers. Normally a philatelic item, its relation to
numismatics will he recognized by collectors of state
bank notes. The probable enclosure is more nearly a
numismatic item, being an illustrated advertisement for
a bank note detector; and a Hewet detector, if one exists,
would be an invaluable addition to numismatic litera-
ture. Most paper money collectors are aware of an
area in which numismatics and philatelics overlap, but
the extent of the common area is not too widely realized
by collectors who specialize in one hobby to the ex-
clusion of the other.
Collecting covers (entire envelopes) is a specialty of
stamp collecting in. which the collector desires the en-
tire envelope rather than just the stamp. He knows from
whom and to whom the letter was sent and in many cases
the route. For a number of years in the middle of the
nineteenth century, firms were permitted to cover the
entire front of their business envelopes with intricate,
light-color designs carrying their advertisement. When
government stamped envelopes were used for this pur-
pose, an open space was left so the embossed stamp
would not be covered. Advertising covers are collected
along lines of interest to each collector—he may choose
the type of business advertised, city or state where they
were used, unusual cancellation, or even, perhaps, the
type of stamp.
Hewet & Co., 9 Nassau St., Duncan Sherman & Co's.
Building, New York, was one of the companies which
used a full-design advertising envelope. The gray
lithographed background permits scroll work and letter-
ing to expose the color of the paper. The left one-third
of the cover has a fancy scroll rosette containing the re-
turn address. The balance has the wording "HEWET'S
/ FAC-SIMILE / BANK-NOTE / DETECTER." against a
background of loops. The design is bordered by a white
line with fancy corners, and has an overall suggestion of
bank note engraving. Size of the cover is 3 5/16 by 7
inches, approximately bank note size. The cover was
mailed in New York on April 20; the year is indis-
tinguishable but most likely 1859; the stamp is a 3c 1857.
The enclosure in the envelope addressed to the Post-
master Of, Fair Haven, Conn., was very likely identical
to a four-page leaflet in the collection of the American
Numismatic Society, New York. The front page has
pictures of eight notes, there are a page and a half of
text and the balance is testimonials. It is curious, how-
ever, that the title "Hewet's Fac-Simile Bank-Note De-
teeter" appears nowhere in the advertisement.
The title page reads: "The Eureka Counterfeit De-
tecter. Prospectus of HEWET'S ENCYCLOPEDIA OF
AMERICAN BANK-NOTE CURRENCY; An Infallible
Detecter of Fraudulent Money, By Photo-Lithographic
Fac-Similes in Miniature of Every Genuine Bank Note
in the United States and Canadas. To be Issued in
Weekly Numbers at Twenty-Five Cents Each." Notes
pictured are from New Jersey, Virginia, Minnesota, Ala-
bama and Pennsylvania.
Counterfeiting is defined in the leaflet as "the manu-
facture for fraudulent purposes of fac-similes of genuine
bank notes." It states that counterfeiting had never been
the source of very aggravated loss to the public since
the talent required to produce a fac-simile of a genuine
note could find more profitable employment in legitimate
engraving. The greater loss to the public was caused by
spurious and altered notes, "which circulate in a ratio of
at least several thousand dollars to one dollar of real
counterfeits."
totois . 1011NIIIAIC/tiftt R S -4A
tirlifIET, ITZ 3
t If
U.1111.1.1121
WINO,NA COUNTY BANK
1,,,1114;3/ 41,1,3
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WHOLE NO. 32
Paper Money PAGE 105
THE EUREKA COUNTERFEIT DETECTER.
P I:("E Us OF
HRH'S EM1(140P1,011 01' 1111,111H\ OINK-MITE ((MIMI
AN INF.\ (THAT DFIECFER OF FRAUDULENT MONEY,
BY PIIGTO-LITHOGRAPIIIII FAC SIMILES IN SUN/ALIA:I:, OF EVERY 'GENUINE RANK
NOTE IN THE UNITE() ST .V1 .1NI ∎ CANADAS.
hh
iki, TO BE ISSUED IN WEEKLY NUNG3nns AT TwENTY , riVE CENTS EACH
"These spurious and altered notes are generally the
issues of exploded and broken banks, which being origi-
nally executed by a regular bank-note engraving firm for
an originally solvent bank, of course compare in point of
workmanship, etc., with issues of solvent banks general-
ly. The circulation of the exploded banks is very fre-
quently obtained after failure by dishonest parties, who
at once make it their business to erase the title and loca-
tion of the broken bank, and either by pasting or re-
printing in the title of some bank in good credit, and
altering the location to correspond, succeed in foisting
these altered notes upon the public as good money, be-
cause the general character of the work has a genuine
appearance."
The raising of the value of a note by removing the
denomination counters and replacing them with others
of higher value either by printing or by pasting over
with very thin paper was a further cause of great loss.
Another stratagem of counterfeiters was to use a false
plate, or a genuine plate of a previously solvent bank,
until it was noticed and reported in the weekly lists of
counterfeit notes and then change the bank name and
location and continue its use.
The plan of Hewet's detector was to publish a minia-
ture fac-simile of every genuine note in circulation in the
United States and Canada. "There are no two notes
exactly alike—either the style of letter used in the title
PAGE 106
Paper Money WHOLE NO. 32
is different, the vignettes, portraits, or counters vary, or
the denomination, location, etc., are dissimilar." By
comparing a note with the reproduction in the book it
would be a simple matter to determine whether a note
had the correct design for the bank and denomination in-
dicated on the face. Use of illustrations of genuine notes
would provide greater security than could be afforded by
any written or schematic description of bank notes. The
detector was to be a guard against altered and spurious
notes rather than fraudulent reproductions of actual
notes which would have to be judged by other criteria.
Current bank note reporters and counterfeit detectors
which contained lists of known counterfeits and discount
rates of distant banks at various banking centers would
have been necessary to supplement the Hewet publica-
tion.
Each weekly issue of Hewet's detector was to contain
about 150 fac-similes approximately 2 3/4 by 1 1/8 inches
in size. The entire work comprised of about 75 num-
bers, about 11,000 fac-similes, was to be completed with-
in a year after the first issue was published. More
rapid production was contemplated near the project's
completion. Price of the weekly editions was to be 25
cents, with advance subscriptions available at $15.00.
Principals of Hewet & Co. were H. W. Hewet, William
Cousland and Fred E. Bliss, the latter two being cited as
"Late of Bald, Cousland & Co., Bank Note Engravers."
The prospectus is dated March 1, 1859.
Published recommendations for "Hewet's Encyclopedia
of American Bank-Note Currency" came from Chas.
Toppan of the American Bank Note Co., the bank de-
partments of the states of New York, Wisconsin and
Massachusetts, clearing houses in New York and Boston,
and banks.
Such an ambitious publishing project as proposed by
Hewet & Co. would have produced a volume which, what-
ever value it had at the time, would be of even greater
value to numismatists today. But was it ever produced?
William H. Dillistin's exhaustive research in the collec-
tions of the great libraries and historical societies failed
to find even mention of it. In his book "Bank Note Re-
porters and Counterfeit Detectors, 1826-1866," Dillistin
lists some publications known only from mention in
other periodicals and of which no copies are known; but
there is no mention of "Hewet's Fac-Simile Bank-Note
Detecter," "The Eureka Counterfeit Detecter," "Hewet's
Encyclopedia of American Bank-Note Currency," or He-
wet & Co.
Due to the short-lived value of information contained
in most counterfeit detectors few were preserved, so a
complete list of those publications may never be made,
but some copies of Hewet's publication surely would have
been preserved for the illustrations they contained. A
complete set of the "Encyclopedia" or even a single is-
sue would be a valued addition to the literature on paper
money. The stationery and prospectus promised a fine
publication, but was the promise fulfilled?
The Winner's Circle
This time we pay tribute to a member who does more
than his share to spread the "gospel" of paper money
collecting. The following letter was addressed to the
Editor by Sadie L. Robinson, Secretary of the Puget
Sound Numismatic Society of Bremerton, Washington:
"We would like to take this oportunity to publicly
thank Mr. James N. Gates of Shady Cove, Oregon, for
showing his collection of paper money non-competitively
at our coin show on May 16-18, 1969.
"The collection consisted of a complete type set (by
Friedberg design numbers) $1 through $10 of the Legal
Tenders, Silver Certificates and Coin Notes, and Gold
Certificates from $10 to $500 including the scarce 1905
red seal $20 in uncirculated condition.
"Particularly outstanding was the National Bank Note
collection starting with the original series and including
all types, $1 through $10, plus one note from each of the
original 48 states, the Districts of Alaska and Columbia
and the Territory of Hawaii. Other territorial notes
were included along with what Mr. Gates described as, 'in
my opinion the rarest type of the series,' a black charter
number note from the Territory of Colorado.
"Included in the exhibit were some uncut sheets and
a large number of duplicates so that the front and back
could be shown, the Educational Series, 1890 Coin Notes
and the California Gold Bank notes, to name a few.
"Without Mr. James N. Gates and his collection our
first coin show would have been nothing. We are all
looking forward to our next show."
The Society was well represented at the 1969 ANA
convention and exhibition, with the top winners in Class
Two, U. S. Paper Money, and Class Five, U. S. Obsolete
Paper Money, going to members. William A. Stumpp
took first place in Class Two with a five-case display of
errors. John H. Morris, Jr. received the second award
for five cases of uncut sheets. Third place went to John
0. Baas for another display of uncut sheets of the Na-
tional Currency series of 1929. Other SPMC members
exhibiting in Class Two were George Wait, Henry
Gogolin and David A. Hakes.
Robert M. Hawes received the top award in Class
Five with his five cases of colonial currency, including
uncut sheets. Dr. George Fuld captured second place
with a five-case history of counterfeit detectors, includ-
ing the first known book on the subject published in 1809.
Richard T. Hoober also showed in this class.
Bad Luck Bird on New Zealand Note
The new one-dollar note of New Zealand has on its
reverse a delicate multi-colored engraving of a fantail
bird. The native Maoris have protested that a solitary
fantail bird is an omen of bad luck. Moreover, they
say, the word "dollar" in their language means some-
thing unprintable in English.
WHOLE NO. 32 PAGE 107Paper Money
Rare Signatures on Large Size U. S. Currency
By Wm. A. Philpott, Jr.
(Concluded from PAPER MONEY No. 31, Page 76)
Napier-Thompson, Nov. 12, 1912 to March 31, 1913
Friedberg Number 86
There are more than 200 United States Notes, commonly
called the Legal Tender issues. Series vary from 1862
to 1923. Denominations range from $1 to $10,000. This
$5, series 1907, called the "Woodchopper," is the
only Legal Tender Note bearing the Napier-Thompson
signature.
Gold Certificates With Rare Signatures
The Napier-Thompson combination appears on three Gold
Certificates: $10, $20, and $100. Here are the $10 and
the $20. The commonest is the $100. The rarest is
the $10.
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Napier-Thompsons are Numerous.
On the National Bank series the so-called Napier-
Thompson combination is common. There were 18 Texas
banks which used these names. Shown is a Victoria
bank note.
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Paper Money WHOLE NO. 32PAGE 108
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Hare Silver Certificates
Napier-Thompson on silver certificates are rare signa-
tures. Here are the three denominations bearing these
names. Each is very rare in new condition.
Although this signature prevailed for only four months
and nine days, it is not rare on the National Bank notes.
There are 18 Texas banks with this combination on their
currency. Some cataloguers, in error, label the Napier-
Thompson combination on National Currency as "rare."
However there are some rare Napier-Thompson's in
the regular series. The Silver Certificates, series of 1899,
three denominations, $1, $2, $5, were the first to display
the Napier-Thompson combination. Each of these is ex-
ceedingly rare in an uncirculated state. Seldom is a
serial number of these silvers encountered with more
than six digits—usually only two to four. Valuations
of these silvers are far too low in the marketing lists.
In my opinion, such items as are pictured in this article
should bring: $600 for the $1; $750 for the $2; and
$1,000 for the $5 (Onepapa). These all have low serials.
Of the many Legal Tenders, all series and all denomi-
nations, only one note bears the Napier-Thompson com-
bination; viz, the Woodchopper $5, series of 1907. Also,
it is undervalued in the price lists and in a new state
should bring $900.
The Gold Certificates were well represented in the
Napier-Thompson combination: Fr. 1170, $10; Fr. 1184,
$20; and Fr. 1211, $100. Of these three the $10 is the
scarcest—really rare. A new specimen should bring
$400. The $20 is more often encountered, a fair price
for a new one being about $500. And the Napier-Thomp-
son $100 is the commonest of all, probably because more
collectors save back $10 notes as against a $100 de-
nomination. A fair price for Fr. 1211, $100 Gold Certifi-
cate, in a beautiful state, should be about $1,000.
Close runners-up to the four rarest signatures are
Bruce-Jordan and Bruce-Roberts. The former combina-
tion extended only one month and four days. It, too,
is found only on National Bank Notes—the brownback
(second charter) series in all denominations, $5 and in-
cluding $100. In my opinion, Bruce-Jordan is a much
rarer signature on National Bank Notes than Napier-
Thompson.
The Bruce-Roberts combination lasted a brief three
months and 14 days. But it is not nearly so rare as the
Bruce-Jordan signatures. Bruce-Roberts is found on all
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WHOLE NO. 32
Paper Money PAGE 109
Legal Tenders except the $1 and $2 denominations,
through the $100 and $1,000; on all the Treasury or
Coin Notes except the $50, $100 and the $1,000; on all
Silver Certificates, series 1896 (Educational notes $1, $2,
$5) ; and on National Currency, second charter, both
brownbacks and greenbacks.
The Lyons-Roberts Combination
It is intriguing to examine the "commonest" signature
on large size currency. The winner is easily the Lyons-
Roberts combination. These men were together longest:
seven years, two months, and 23 days. These signatures
appear on notes of every type, all series and denomina-
tions issued during the Lyons-Roberts era. There are
a few exceptions, denomination-wise. For instance, in
the Legal Tenders there are no Lyons-Roberts $1's and
$2's. But these names are found on all other denomina-
tions, $5 to $1,000.
On Silver Certificates all denominations are repre-
sented, $1 through $50, but no higher. The Treasury
or Coin Notes have only one denomination to represent
Messrs. Lyons-Roberts: the $5. Gold Certificates with
these signatures are the $20's, $50's, and the $100's.
This article is illustrated by specimens from the
author's collection: some still with me, many gone to
other and younger collectors. Studying the rarity of
currency signatures, large size notes, is rewarding.
Among the officials whose names appear on the U. S.
"saddle blanket" notes are Indians, Negroes, women, and
what-have-you. The hope is that some day an enterpris-
ing young paper money addict will pitch in and tell about
the various and sundry signatures on the small size
currency and the comparative rarities thereof. It will
take courage to tackle the various signatures on U. S.
present day paper money.
Editor's Note:
Many paper money collectors consider Mr. Philpott an ex-
pert in the paper currency field, particularly as concerns large
size notes. He has won awards as an exhibitor of currency;
award of merit several times; Howland Wood and Bob Fried-
berg memorial awards; Heath and Zerbe literary awards;
served ten consecutive terms on the A.N.A. Board; and so on.
His A.N.A. number is 1978, and he was awarded the 50-year
Gold Membership Medal in 1968 at San Diego. In the
S.P.M.C. he holds membership No. 15.
Confederate States of America Railroad Company
By N. R. Hilbert, Jr.
While it is generally accepted that the "War between
the States" officially ended on April 9, 1865, nothing is
further from the truth. The little piece of scrip illus-
trated above is historical proof that such was not the case.
General Richard "Dick" Taylor (the son of Zachary
Taylor) at the date of Lee's surrender was in troop com-
mand of the Confederate Department of East Louisiana,
Mississippi and Alabama. A decision was made by
General Taylor to make a stand in Mississippi. With
some of the remnants of Hood's shattered Army of Ten-
nessee, he made desperate and hurried troop movements.
The C.S.A. Railroad Company played the most promi-
nent part in these tactics. This scrip, dated April 12,
1865, covered seats for six men from Vaiden to Canton,
Mississippi, group sections for officers of General Taylor's
command. The troops themselves were transported in
"box car style." This road covered virtually the same
ground that the Southern Illinois Railroad later covered.
While the stand in Mississippi progressed, another
catastrophe struck the Confederacy. General J. E. John-
ston surrendered on the 26th of April 1865, at Bennett's
House, near Durham Station, North Carolina.
Taylor realized that further resistance in his Depart-
ment would lead only to its devastation. On May 2nd
he accepted Gen. Canby's terms. On May 4th he jour-
neyed to Citronelle, Alabama to make the surrender
official, and on May 8th the paroles of his men were
accepted—ONE MONTH AFTER General Lee had sur-
rendered.
Paper MoneyPAGE 110 WHOLE NO. 32
Territorial National Bank Notes
By M. Perlmutter
(Concluded from PAPER MONEY No. 31, Page 79)
INDIAN TERRITORY
Originally established on June 30, 1834 to accommo-
date the migrating Five Civilized Tribes (Cherokee,
Choctaw, Chickasaw, Muscogee, Seminole), it never had
a Territorial form of government. Along with Oklahoma
Territory, it became the State of Oklahoma on Nov. 16,
1907. Between 1890 and 1907, notes were issued on
both Indian and Oklahoma Territories. On Indian Terri-
tory, SCP brownbacks in $5, $10 and $20 denomina-
tions have been seen on Muscogee, Ardmore, Purcell,
Vinita, Marietta, Checotah, Durant, Pawnee, Miami,
Caddo, Tecumseh, Chickasha, Eufaula, Wetumpka and
Pawhuska. The first bank chartered in Indian Territory
was The First N.B. of Muscogee, Charter #4385. The
name was changed to Muskogee at a later date. Red
Seal 1902 TCP notes have been seen on Durant, Ton-
kawa, Atoka, Tulsa and Ponca. Indian Territory Na-
tionals are much sought after and highly prized by
collectors.
The Grinnell collection had F485, brownback $10,
from sheet #1, Purcell N.B., Purcell; F491, brownback
$10, 1st N.B., McAlester; F504, brownback $20, Ard-
more N.B., Ardmore.
MONTANA TERRITORY
Created May 26, 1864, it achieved statehood on Nov.
8, 1889. Territorial notes were probably issued by 25
banks between 1866 and 1889. The Grinnell collection
contained an FCP Original Series $1 on The First N.B.
of Helena, Charter #1649. The following notes have been
documented: FCP $5 (Original Series) on The First
N.B. of Deer Lodge, Charter #1975; Original Series FCP
$1 on The Missoula N.B. of Missoula, Charter #2106;
$10 SCP brownback on The Montana N.B. of Helena,
Charter #2813. Some time ago I received correspond-
ence regarding the existence of SCP $5 brownbacks on
White Sulphur Springs and Great Falls. Repeated re-
quests failed to produce copies for my files, so the matter
was closed. My research indicates that perhaps no more
than eight or ten Montana Territory notes are known.
Statistics supporting or contradicting this contention will
be well-received.
The Grinnell collection also contained a $5 brownback
(F467) from sheet #1 on Billings. Ch. #3075, The Gal-
latin Valley N.B. of Bozeman, FCP $5, has been reported
recently, observed by means of a Xerox copy only, and
unfortunately in wretched condition.
NEBRASKA TERRITORY
A Territory as of May 30, 1854, it was created a state
on March 1, 1867. According to currently available in-
formation, only three banks could have issued Territorial
notes: The First N.B. of Omaha, Charter #209; The Otoe
County N.B. of Nebraska City, Charter #1417; and The
Omaha N.B. of Omaha, Charter #1633. An Original
Series FCP $1 exists on #209, another $1 on either #209
or #1633, and a "Lazy 2" on either #209 or #1633. To
date, no other Nebraska Territory Nationals are known.
Unlike the mysterious Idaho notes, the fact that Nebraska
achieved statehood in 1867 can alone account for the
paucity of its Territorial notes. Regional collectors and
researchers may be able to provide additional facts con-
cerning these notes and those perhaps as yet unreported.
New information places in existence a third $1 note,
probably on #209, The 1st N.B. of Omaha. By the time
this article appears, the documentation of a previously
unknown $5 may have taken place.
TERRITORY OF NEW MEXICO
This was a Territory from Dec. 13, 1850, until be-
coming our 47th state on Jan. 6, 1912. Fifty-five char-
tered banks could have conceivably issued Territorial
notes between 1870 and 1912, but this seems doubtful,
as only a few cities have been confirmed. FCP Original
Series and 1875 Series $1, $2 and $10 have been seen
on various banks in Santa Fe and Albuquerque, with
SCP brownback $5 notes seen on Raton only. Red Seal
TCP $10 notes have been observed on Tucumcari and
Roswell. There are a great many qualified experts on
Nationals residing in the Southwest who could provide
much help on unpublished notes. The call for assistance
goes forth to the wide-open plains from this remote
corner of quaint old New England.
A $5 dateback on Raton has been reported. The
Grinnell collection contained eight specimens: F422, FCP
$10, 1st N.B., Albuquerque; Lyons-Roberts brownbacks:
$50 obv., $100 rev., $100 obv., $50 rev. (from same
sheet, double-denomination errors), 1st N.B. of Albu-
querque; F382, FCP $1, 2nd N.B. of N.M. at Santa Fe;
F530, $100 brownback, 1st N.B., Albuquerque; F555.
$20 dateback, San Miguel N.B., Las Vegas; F472, $5
brownback, 1st N.B., Raton; F382, $1 FCP, 1st N.B.,
Santa Fe.
OKLAHOMA TERRITORY
Created a Territory on May 2, 1890, it was combined
with Indian Territory to form Oklahoma State on Nov.
16, 1907. It has yielded probably the most "common"
of the Territorial notes, relatively speaking. SCP brown-
backs, datebacks, and TCP red seals have been observed
on Guthrie, Stillwater, Norman, Kingfisher, Wagoner,
McAlester, Duncan, Chandler, Weatherford, and many
other towns. An interesting item came to light a few
years ago with the discovery of a $10 brownback on
Oklahoma City, State of Oklahoma, with the date "1893"
on its face. As the Territory was still in existence in
1893, it can only be assumed that the same plate was
used to print state notes at a later date (after 1907),
but retaining the "1893" in the original plate. No
doubt this was an economy-motivated decision, since
banks were required to pay for any plate variations dic-
tated by any changes in their corporate structure.
Two interesting red seal notes have been seen recently:
F621 on the 1st N.B. of Apache (Ch. 7127), and an F647
WHOLE NO. 32
Paper Money PAGE 111
18094
amunrugo 4.31a
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.4414„4.141,144 INN t
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r
4...„,90.1itoitnt With the Mgt
, ,
sorivrri
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IVO`
110EPIZBe394:04$211trallailft0))4$rmivi
Second Charter Period brownback $5, Fr. 471, The Guthrie National
Bank of Guthrie, Oklahoma Territory, the first bank chartered in
the Territory, of which Guthrie was the capital.
Second Charter Period brownback $20, Fr. 494, The Merchants
National Bank of Tacoma, Washington Territory. Note the un-
usually high seal placement, rarely encountered.
Reverse of Tacoma note showing the frequently-used eagle in the
left oval.
on the Farmers N.B. of Tecumseh (Ch. 7756). Also
F621 on #7444, the 1st N.B., Tonkawa, and F621 on
#7115, 1st N.B., Broken Arrow. Not surprisingly, notes
with Indian names are eagerly sought by many collectors.
The Grinnell collection contained the following: F490,
brownback $10, from sheet #1, 1st N.B., Newkirk; also
F504 ($20) Newkirk, serial #1 from the same sheet as
F490; F490, brownback $10, 1st N.B., Sayre.
ISLAND OF PORTO RICO
The Island was ceded to the United States as a result
of the Spanish-American War of 1898. Its only chartered
bank was #6484, organized in 1902 as the First N.B. of
Porto Rico at San Juan. Actually "Puerto" Rico (Rich
Port) in Spanish, the anglicized "Porto" Rico was the
name printed on the National Bank Notes. In 1932, the
name was officially changed to "Puerto" Rico in all
cases. Only five notes are definitely known on #6484;
three $10, one $50, and one $100, all Red Seal TCP
Series 1902.
Two previously unknown red seal $20's on San Juan
have been discovered (F647), bringing the total popula-
tion of Porto Rico notes known to seven—three $10
(F621) ; two $20 (F647) ; one $50 (F672) ; one $100
PAGE 112
Paper Money WHOLE NO. 32
(F675). It has been reliably reported that no $5 notes
were issued by the San Juan bank. Red seals only in
10-10-10-20, and 50-100 plates. Blue seals in the same
plate combinations were also issued, but specimens are
unknown to date. (Information courtesy of Mr. Louis
Van Belkum.) ($10 and $100 in Grinnell.)
TERRITORY OF UTAH
Created as a Territory on Sept. 9, 1850, it achieved
statehood on Jan. 4, 1896. Territorial notes were prob-
ably issued by 17 banks from 1866 to 1891. Three notes
(FCP, two $1, one Lazy 2) are known on The Deseret
N.B. of Salt Lake City, bearing the signature of Brigham
Young (Charter #2059). SCP $10 brownbacks are also
known on this bank, and #4564, The First N.B. of Park
City; $5 SCP brownbacks have also been seen on Ogden
(#2597) and Provo City (#2641). Utah notes carried
the Territorial seal in the left oval. Other Territories
carrying a seal in the left oval were Colorado, Dakota,
and some early Wyoming notes. Others may exist with
a Territorial seal; descriptions or copies of these notes
would be appreciated.
The Grinnell collection had F382, FCP $1, from sheet
#1, Deseret N.B., Salt Lake City (signed by Brigham
Young) ; another similar F382, signed by Young, but
from another sheet; F389, FCP Lazy 2, same as previous,
signed by Young.
TERRITORY OF WASHINGTON
small remaining supply of Territorial National Bank
Notes.
REFERENCES
Louis Van Belkum's National Banks Of The Note Is-
suing Period, Hewitt Bros., Chicago, 1968.
Albert A. Grinnell Sales Catalogues, 1944-46.
The World Almanac, 1969.
ERRATA AND ADDENDA
Since this article was written, a few important facts
have been discovered: The Third Chapter $20 (Series
1902, Blue Seal) on The First N.B. of Juneau, Charter
#5117, reads only "Alaska." The note is dated Feb. 15,
1918, six years after Alaska became a Territory of the
U. S. "District" was dropped, but only the name
"Alaska" remained, without any reference to territorial
status. It is believed that all notes issued after 1912
read in this manner. If an Alaska large note exists
bearing the designation "Territory of Alaska," informa-
tion on it would be greatly appreciated. (Above in-
formation courtesy of Mr. Amon Carter, Jr., Fort Worth,
Tex.) Two series 1902 Red Seal $20 notes previously
unknown on the First N.B. of San Juan, Island of Porto
Rico, have been discovered in the collections of two
prominent numismatists. This then makes the known
population of Porto Rico notes to date (Sept. 1969)
three $10, two $20, one $50 and one $100, all 1902 Red
Seal.
This was a Territory from March 2, 1853 until state-
hood on Nov. 11, 1889. Over 40 banks were chartered
during the Territorial period, but only three notes have
been traced over the years. More may exist, but Wash-
ington Territory notes are recognized as being among
the great rarities. Notes documented: SCP brownback
$20 on The Merchants N.B. of Tacoma, Charter #3172;
SCP brownback $5 on The Pacific N.B. of Tacoma,
Charter #3417; SCP brownback $5 on The Browne N.B.
of Spokane Falls, Charter #4025.
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
WYOMING TERRITORY
The Territory came into being on July 29, 1868; it
became a state on July 10, 1890. Territorials were prob-
ably issued by 11 banks between 1871 and 1890, but
very few are known. Those seen include: FCP $1 and
$5, Series 1875, on The Stock Grower's N.B. of Cheyenne,
Charter #2652, and SCP brownback $10 on The First
N.B. of Rawlins, Charter #4320. Many correspondents
have informed me of the existence of an uncut sheet of
either FCP $5 or $20 notes on either Charter #2110 or
#2518. The former is The Wyoming N.B. of Laramie
City; the latter, Laramie N.B. of Laramie City. A "Lazy
2" has been reported on Charter #1800, The First N.B.
of Cheyenne.
It must be stated once again that this is not an at-
tempt to list all known Territorial National Bank Notes
but rather a brief discourse on such notes documented
and seen by the writer. There are many others that
could have been reported; however, unfortunate record
losses from my files incurred during the process of mov-
ing prevented this. Several photographs and Xerox
copies were also irretrievably lost. Hopefully, future
editions of PAPER MONEY will contain new data on our
/ •
ih /1/W/ir .././037,NNIYM:r
WHOLE NO. 32
Paper Money PAGE 113
The Doylestown Bank
By William B. Warden, Jr.
The Doylestown Bank of Bucks County, Pennsylvania
was the first financial institution at the county seat of
Doylestown. The first meeting of persons interested in
forming a Doylestown bank was held at the court house
on Friday evening, December 1, 1831, with Abraham
Chapman presiding over the meeting, and with Henry
Chapman and William T. Rogers acting as secretaries.
Committees were then appointed to look after the pre-
liminary work on the founding of the bank, and a bill
was introduced into the Pennsylvania Legislature to
charter it. The bill was passed by the Legislature and
it became law on April 23, 1832. The commissioners
named to carry the act into effect were John Pugh, Abra-
ham Chapman, Samuel D. Ingham, Col. John Fox, Elias
Ely, Joseph Hough, Jesse Johnson, Samuel Yardley, Sr.,
Col. Thomas Stewart, Samuel Hart and Abel James. A
meeting of the commissioners to organize the bank was
held on May 31, 1832, at William Field's tavern. The
books for stock subscription were opened at the court
house on July 25th, and the whole amount of the capital
stock of $150,000 in shares of $50.00 each was taken in
from July 25th through the 1st of September, 1832.
The election for the directors of the bank was held on
November 9, 1832, when the following persons were
chosen: Abraham Chapman, John Robbarts, Benjamin
Hough, E. T. McDowell, Mahlon K. Taylor, Christian
Clemens, Major John Blackfan, Elias Ely, John T. Neeley,
William T. Stokes, Timothy Smith, Samuel Kachline and
Samuel Yardley, Jr. The board of directors had their
first meeting on the same day and elected Abraham Chap-
man as bank president; they hired Daniel Byrnes as
cashier.
The bank notes in denominations of $1, $2, $5, and
$10 were printed by Draper, Underwood, Bald & Spencer
of Philadelphia; and the $20, $50, and $100 notes by
Rawdon, Wright & Hatch of New York.
The bank commenced business on January 7, 1883, in
the stone house of Samuel Nightingale on the south side
of East State Street in Doylestown. The house was fitted
up as a bank only temporarily as the directors contem-
plated the erection of a new banking house. Shortly
after, they bought a lot on the west side of North Main
Street, just four blocks away from Samuel Nightingale's
house and built the building which the Doylestown Bank
occupied for the next 65 years.
By strict integrity and careful management the bank
grew in financial strength and importance, and in 1847
the stockholders accepted the extension of the charter
authorized by the Legislature. At a stockholders' meet-
ing, January 1848, Charles E. DuBois was elected presi-
dent, and Josiah Hart as cashier to replace Daniel Byrnes,
who had died.
The bank remained at its location on North Main
Street until the autumn of 1897, when it removed to its
new building at the crossing of Main and Court Streets
on the site of the Ross Mansion. This location was pur-
chased at public sale, 1897, and on it was erected a hand-
some and unique building, 50 by 82 feet; the height
from the ground is 55 feet. The exterior walls are laid
in red granite and Pompeian brick; the finish, inside and
out, is of the most substantial character, while a massive
vault contributed to the safety of the institution. Until
1928, the banking room, 50 feet square was not sur-
passed in the state. The following directors composed
the board which authorized the new building: Eugene
James, Watson F. Paxson, J. B. Rosenberger, Dr. Harvey
Kratz, Henry Lear, J. Simpson Large, John D. Walter,
John L. DuBois and George Lear, president. The bank,
meanwhile, had been a prosperous institution, and its
acceptance of the Act of Congress, changing it to a
National Bank, with authority to increase the capital to
$300,000, added to its already large volume of business
and broadened its usefulness.
In its long life, the bank up to 1928, had few presi-
dents and cashiers; the former were Abraham Chapman,
(Continued on Page 114)
PAGE 114
Paper Money WHOLE NO. 32
Society of Paper Money Collectors, Inc.
Ninth Annual Meeting
The Society of Paper Money Collectors held its ninth
annual meeting at the ANA Convention in Philadelphia
on August 15, 1969, with 111 members and guests pres-
ent. President George W. Wait presided and introduced
the honored guests, ANA President Arthur Sipe and Mrs.
Sipe. Mr. Sipe spoke briefly of the increasing impor-
tance of paper money in numismatics.
The Secretary's report was made by Thomas C. Bain in
the absence of Secretary Vernon L. Brown. The report
showed the net membership of the Society to be 1,553
as of June 30, 1969, a loss of one from the same date
in 1968. Mr. Bain said that the Society had gained al-
most fifty members in the month of July, and the current
outlook was very promising.
Treasurer I. T. Kopicki reported a bank balance of
$7,247.91 in the regular accounts and $1,280.40 in the Dr.
Julian Blanchard Memorial Award Fund as of June 30,
1969. The increase over a year ago was largely due to
the fact that the printing cost of the June 15 issue of
PAPER MONEY had not been deducted as of this date.
Maurice Gould read the report of the Editor, Barbara
Mueller. Miss Mueller again stressed the need for more
articles in the foreign and current sized U. S. fields. The
advertising problems have mostly been solved. She
pointed out that a 32-page magazine, issued throughout
the past year, seems to be of the proper size to yield a
balance between advertising and articles. All members
were glad to learn that the J. W. Stowell Printing Co. had
improved its production schedules so that effective in
1970, only a three-week interval will be required from
submission of advertising to the magazine's mailing date.
The time for submission of other matter will also be
reduced one week.
Dick Hoober, Chairman of the Book Committee, re-
ported a number of manuscripts ready, or about ready,
for printing, including Minnesota, Vermont, Iowa, Ne-
braska and Alabama. Negotiations are proceeding for
printing and financing, and considerable progress is ex-
pected in the coming year. Bob Medlar's Texas book was
published in the past year and has been very well re-
ceived.
J. Roy Pennell, Jr., Chairman of the Awards Commit-
tee, presented the following:
Awards of Merit were presented to Robert E. Medlar
and Dr. John A. Muscalus for their contributions to
paper money collecting.
The Julian B. Blanchard Award was won by Walter
D. Allan for his display of bank notes with matching
vignettes.
Literary Awards for the three best articles in PAPER
MONEY Nos. 27, 28, 29, and 30 were: First Award to
Forrest W. Daniel for "Running Antelope—Misnamed
Onepapa"; Second Award to Harry G. Wigington for
"Obsolete Paper Currency, Drafts & Scrip of California";
Third Award to M. R. Friedberg for "New Information on
Fractional Currency."
Honorary Life Memberships in the Society were
awarded to Charles J. A/fleck, William P. Donlon and
George W. Wait.
Glenn B. Smedley, Chairman of the Nominating Com-
mittee, presented the following slate of candidates for
the Board of Governors:
Three-Year Term Thomas C. Bain
Richard T. Hoober
J. Roy Pennell, Jr.
George W. Wait
M. 0. Warns
Two-Year Term William P. Donlon
James L. Grebinger
Brent H. Hughes
Charles O'Donnell
Mr. Smedley pointed out that these varying terms were
necessary to bring the Board into balance so that begin-
ning in 1970, five Board Members will be elected annually
for three-year terms. All nominees were elected. The
holdover members (elected last year) include Messrs.
Glenn B. Smedley, Harley L. Freeman, Nathan Goldstein
II, Maurice M. Gould, Alfred D. Hoch and John H.
Morris, Jr.
The members approved a proposal that we issue a new
directory, with optional inclusion of names or addresses.
There was some discussion of election procedures. Presi-
dent Wait thanked Charles O'Donnell for the excellent
banquet arrangements, after which the meeting was ad-
journed.
At the subsequent Board meeting, the following officers
were elected for a two-year term:
President —Glenn B. Smedley
Vice-President—J. Roy Pennell, Jr.
Secretary —Vernon L. Brown
Treasurer —M. 0. Warns
The Doylestown Bank
(Continued from Page 113)
Charles E. DuBois, George Lear and Henry Lear; the
latter, Daniel Byrnes, Josiah Hart, John Brock. Lewis P.
Worthington and George P. Brock. The bank is still
in operation today as the Doylestown National Bank &
Trust Co.
WHOLE NO. 32
Paper Money PAGE 115
SECRETARY'S REPORT
New Membership Roster
No. New Members
2561 S. A. Gouveia, P. 0. Box 41, Merrimac, Mass. 08160
2562 Eldon Frazier, 501 E. Caney St., Wharton, Texas
77488
2563 Harry R. Valley, 601 Rockwell Ave., Room 502,
Cleveland, Ohio 44114
2564 C. A. Johnson, Box 338, Dawson, Texas 76639
2565 Robert Cornell, 11 Bridge St., Northampton, Mass.
01060
2566 Joseph B. Lynch, 690 B Broad Ave., Ridgefield,
N. J. 07657
2567 Daniel F. Shumaker, 2495 Ogden Ave., Akron, Ohio
44312
2568 Lawrence Katsoff, 171 Diamond St., New Haven,
Conn. 06515
2569 Vincent T. Krein, U. S. Soldiers' Home, Washing-
ton, D. C. 20315
2570 C. John Ferreri, Rt. 44-A, Mansfield Depot, Conn.
06251
2571 William Skinner, 3578 C. Fincastle Road, Louisville,
Ky. 40213
2572 Lawrence Becker, 2333 W. Lunt Ave., Chicago, Ill.
60645
2573 James A. Berkel, 1405 W. Main St., Belleville, Ill,
62220
2574 Ronald Palm, P. 0. Box 121, Monroeville, Pa. 15146
2575 Dr. James V. L. Kiser, 1340 Old Chain Bridge Rd.,
McLean, Va. 22101
2576 Robert E. Durr, 800 McCreless Plaza, San Antonio,
Texas 78223
2577 William F. Manning, P. 0. Box 5396, Fort Worth,
Texas 76108
2578 Peter J. Lummis, 8408 Dicks Avenue, Philadelphia,
Pa. 19153
2579 Elmer E. Pierce, P. 0. Box 131, Ephrata, Pa. 17522
2580 1st Lt. Ralph E. Plumb, Box 1159, APO New York
09238
2581 Richard L. Boyce, Box 362, Canandaigua, N. Y.
14424
2582 C. James Miller, 3800 West Lake Road, Canan-
daigua, N. Y. 14424
2583 Harry L. McCreery, P. 0. Box 362, Vienna, Va.
22180
2584 Wendell Wolka, 8170 Laura Lynne Lane, Indianap-
olis, Ind. 46217
2585 Dennis J. Makis, 4501 W. Kentucky #75, Denver,
Colo. 80219
2586 Richard L. Ainsworth, 1131 E. Spring, Tucson,
Ariz. 85719
2587 John H. Lewis, 1110 S. Taylor Ave., Oak Park, Ill.
60304
2588 Rev. William E. Herbst, 380 Main Street, Elma,
N. Y. 14059
2589 Robert L. Cooper, 630 North Tejon, Colorado
Springs, Colo. 80902
2590 Mary T. Ward, Rt. 145, Cairo, N. Y. 12413
2591 Warren Coin Club, P. 0. Box 592, Warren, Mich.
48090
2592 W. D. Johnston, Zurich, Kansas 67676
2593 Warren Lieberman, M.D., 11900 S.W. 66th Ave.,
Miami, Fla. 33156
2594 Earl Buffington, c/o Summersville State Bank, Sum-
mersville, Mo. 65571
2595 Marie V. Stec, 4642 Narragansett, Chicago, Ill.
60630
2596 Hubert A. Tyer, 29916 Carmel Rd., Sun City, Calif.
92381
2597 Gerald Farmer, 256 Parkland Blvd. J, Columbus,
Ohio 43213
2598 Allen T. Everett, 465 Calderon, No. 26, Mountain
View, Calif. 94040
2599 W. A. Smith, 42 Lincoln St., York, S. C. 29745
2600 Lee Worthley, P. 0. Box 27064, Los Angeles, Calif.
Dealer or
Collector
D
C
C
C
D
C
C
C, D
C
C
C
C
C, D
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C
C, D
C
C, D
C
C
C
C
C
C
C
C
C
Specialty
Type sets
Money of the "canal era" of the U. S.,
1820-1850
U. S. large and small size notes
U. S. large and small size notes
General
General
U. S. large and small size notes
U. S. large and small size notes
U. S. large size notes
U. S. Fractional Currency
Colonial currency
U. S., Canada and Philippines
U. S. $1 and $2 notes, large size; Texas
Treasury warrants
U. S. general
Confederate and Southern States notes and
bonds
U. S. large size notes
U. S. large size notes
U. S. small size notes
Broken bank notes
Printing errors
U. S. small size silver certificates and U. S.
Notes
U. S. $1, large and small size, odd
denominations
U. S. $1 and $2 notes, large and small size
U. S. $1, $5, $10, and $20
World War II Allied Military Currency
U. S. small size notes
Legal Tender - large size, Fractional
Currency
Federal Reserve notes $1 and $5, block
letters
National Bank Notes
U. S. and foreign
Small size notes, $1
Errors - small size notes
PAGE 116
Paper Money WHOLE NO. 32
90027
2601 Arnold D. Vonderheid, P. 0. Box 4811, Milwaukee,
Wis. 53215
2602 Clarence Rareshide, 2307 American Bank Building,
New Orleans, La. 70130
2603 Paul G. Robertson, 857 N.E. 145th St., No. Miami,
Fla. 33161
2604 John H. McWhinney, P. 0. Box 857, Westminster,
Calif. 92683
2605 Robert S. Latham, 1717 East Ninth St., Cleveland,
Ohio 44114
2606 John Polhemus, 197 Gordon St., Staten Island, N.
Y. 10304
2607 Harmon M. Weeks, Box 623, New Rockford, N. Dak.
58356
2608 James R. Rucker, Sr., P. 0. Box 463, Cincinnati,
Ohio 45201
2609 William J. Kelly, 89 Bellcrest Ave., E. Northport,
N. Y. 11731
2610 Mrs. C. Mae Ware, 622 E. 4th Street, Chattanooga,
Tenn. 37403
2611 Samuel S. Smith, 407 Lincoln Road, #9A, Miami
Beach, Fla. 33139
2612 John E. Weaver, 1409 Madrone Way, Woodland,
Calif. 95695
2613 Belford L. Phillips, P. 0. Box 393, Tustin, Calif.
92680
2614 John B. Henry, RFD #2, Millersville, Md. 21108
2615 Elmore R. Elliott, Box 5375, Sun City Center, Fla.
33570
2616 John Laurie, 1403 Park Avenue, River Forest, Ill.
60305
2617 Herman Babo, 96 Beach Street, Jersey City, N. J.
07307
2618 Marc Bibee, 106 Walnut Street, Hazard, Ky. 41701
2619 Charles C. Riley, 2610 West 26th St., Zion, Ill. 60099
2620 John Hansen, 350 Paderewski Ave., Perth Amboy,
N. J. 08861
2621 John Hanik, 70-35 Broadway, Jackson Heights,
N. Y. 11372
2622 Salvatore Martello, 160 Cortland Street, North
Tarrytown, N. Y. 10591
2623 George B. Tremmel, 114 Northgate Drive, Camden,
S. C. 29020
2624 Gene J. Lachowski, 4501 South 39th St., Omaha,
Neb. 68107
2625 Albert Brizius, Route 2, Newburgh, Ind. 47630
2626 John W. Sheppard, Jr., P. 0. Box 1152, Darien,
Conn. 06820
2627 Adrian Browne, Tiny's Tavern, Charlo, Mont. 59824
2628 E. H. Miller, 785 Ben Vista Dr., S., Salem, Ore.
97302
2629 Henry Schultheiss, 5 Aberdeen St., Harrisburg, Pa.
17101
2630 Denver G. Rich, 1807 North 22nd St., Lawton, Okla.
73501
2631 Robert H. Fonville, Jr., P. 0. Box 262, Burlington,
N. C. 27215
2632 Mrs. T. V. W. Cushny, P. 0. Box 61, Glen Head,
N. Y. 11545
2633 Charles N. Fargo, Jr., 2321 Spring View Road,
Norristown, Pa. 19401
2634 Marc Cohen, 3800 Lake Shore Drive, Chicago, Ill.
60613
2635 Julius Goldman, 8822 Revere St., Philadelphia, Pa.
19152
2636 Daniel Hurley, 7430 Lawyer Road, Cincinnati, Ohio
45244
2637 Leonard J. Sanford, 378 West End Avenue, New
York, N. Y. 10024
2638 V. L. G. Matelis, 417 Santander, Apt. 1, Coral
Gables, Fla. 33134
2639 Carl C. Smith, 1625 Oxford Way, P. 0. Box 20697,
Oklahoma City, Okla. 73120
2640 Marvin R. Mikeska, Sr., P. 0. Box 26, Longview,
Texas 75601
C
Gold and Silver Certificates; Fractional
Currency
C
Large denominations, Gold Certificates and
obsolete notes
C
U. S. large and small size notes
C
Federal Reserve Notes $1, block letters
C
Mexico, South America and U. S. small
size notes
C
U. S. large and small size notes
C
Obsolete bank notes
C
Obsolete bank notes-types; Federal Reserve
notes $1, block letters
C
C
C
U. S. revenue stamped paper
C
Northern California currency, drafts and
checks
C
National Bank Notes - Indiana and Cali-
fornia
C
Confederate and Maryland broken bank
notes
C
U. S. large size notes
C, D
U. S. large size notes
C
U. S.
C
U. S. large size by type
C
C
U. S.
C
U. S. small size notes
C
C
Confederate & Southern States notes; U. S.
Fractional Currency
C
U. S. Notes
C
Silver Certificates $1 & $5; Federal Reserve
Notes $1; U. S. Notes $1, $2, $5
C
National Bank notes and errors
C
C
U. S.
C
National Currency
C
U. S. small size notes
C
North Carolina National Bank notes, cur-
rent notes
C
Block letters, current notes
C
U. S. large and small size notes
C
U. S. large and small size notes; notes of
Israel
C
U. S.
C
U. S. large size notes—type collection
C
U. S. small size notes
C
Texas and Confederate notes
C
Confederate and U. S. $1
C
U. S. large size $1; Fractional Currency
WHOLE NO. 32
Paper Money PAGE 117
Reinstatements
1477 Walter D. Allan, 2430 Lakeshore Hwy. W, Oakville,
Ontario, Canada
1413 David R. Crane, 3515 E. 13th St., Tulsa, Okla. 74112
1952 C. Dorman David, 2201 Welsch, Houston, Texas
77019
692 Santiago Halais, Apartado 1146, Caguas, Porto
Rico
1881 D. W. Hershberger, P. 0. Box 128, Grantville, Md.
21536
1125 Mrs. Sara Gwin Kelsh, 810 Grand Blvd., Greenwood,
Miss. 38930
1486 Robert S. Kuhn, P. 0. Box 5223, San Francisco,
Calif. 94101
2139 Alex Nunez, 861 Smithtown Ave., Bohemia, N. Y.
11716
1948 Robert P. Peterson, P. 0. Box 57, Grant, Neb. 69140
2196 M. B. Rogers, 412 Fourth Ave., Devils Lake, N.
Dak. 58301
1140 Edwin R. Zeitz, 65 Spring Street, West Haven,
Conn. 06516
164 Lester G. Beatty, La Moille, Illinois 61330
1917 Val L. Lindholm, 5512 Commanche, Great Bend,
Kansas 67530
2074 Burtwin L. Day, 2035 Logan Drive, Keokuk, Iowa
52632
261 J. R. Coker, Route #0ne, Mitchellville, Tenn. 37119
Deceased
1923 Paul Nelson
Change in Name
2547 Svenska Handelsbanken, The Bank Museum, c/o
Ernst Nathorst-Boos, Curator, P. 0. Box 16341,
103 26 Stockholm
Complete Address
2440 Dr. Henry C. Stouffer, Jr., 134 East Walnut St.,
Lancaster, Pa. 17602
STATEMENT OF OWNERSHIP, I ,
MANAGEMENT AND CIRCULATION
1 OATS CH 2 IU. $0
10 - 18 - 69 Paper Money
NEDUENCY Of ISSUE
Quarterly
Federalsburg, Maryland
S LOC.. Of ...AVERS CH CANTRAL RuswESS OHHES OF . tuetiSHERS l'.. RH.HH
P.O.
NB
Box 3005, Anderson, S.C. 29621 (S.Mcduffie St. Ext.)
6 NAMES ANO ADDRESSES Of PLIKISHER, EDITOR, AND MANAGING EDITOR
ruyISNER l',.....,'''..'
J.Roy Pennell, dr., P.O. Box 3005, Anderson, S.C. 29621
Piss Barbara Moeller, 225 S. Fischer Avenue, Jefferson, Wisc. 53549
7 OWNER (If nu ma by a corpoPaleon. ar name
*Jo of ambholders dun, or bold, I
N al al tbal of earn indired 31 be getter I
and add, us, be oat, and elm Intemediatelotberrunder
I
ADDRESS
:be name, and ad.
HAMB
She Society of Paper
Money Collectors F.J. :DX 3205, Anderson. S.G. 2922I
8 KNOWN BONDHOLDERS, MORTG•GEES, AND OTHER
Of BONDS, mORTGAGES OR OTHER SECURITIES al ,,,,,
SECURITY HOLDERS WN.. OR HOLDING I PERCENT OR MORE Of TOTAL AMOUNT
”, H.R., H .4, ,
HAATI ADDRESS
p FOR COMPLETION BY NONNTOM ORGANISATIONS AUTHORIZED TO MAIL AT SPECIAL RATES Cieiltorl 112,2, P., Nan.,
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=,= '''' '' ".'"' "*''' ' ''''.''' '''''''. ''. t',7,''"''''''' '' "'"`"'" '' --' '.' ' 1',;;,=,` "`
10 EXTENT AND NATURE OE CIRCULATION
AVERAGE NO CONES
,,,,,, ,,,,,E po..0
PRECEDING 12 r•ONDIS
aCELrAl. NLIPABER OF COPIES OF S.NG,E
ISSUE RL151.1,1ED NEAREST TO HUNG D.E
2,000
I
1. LEriTONuCol DEALERS AND C•RRIIIS. STREET VENDORS AHD COUNTER
S AES
0
2 MAR SURISCRiPTiONS 1 700 1 , 0
0,, rw0 CC...know 1,700 1,710
C
03, 0 .TIE'RI, TION ''",,,, '..Neg,.■ mAiL CAArlsr OR OINER MEANS 5S 48
E 'OTAL O■yrilaUDON (Su.. of C ..4 01 1,750 1,758
F oFFKE USE. ler.OvER. UNACCOUNTED. SPOKED AVER ITMTIND 250 242
2,300 2,000
fl ,,, ,c,,,74,,,,B..at the stem ems made bs me Ina.. are correct
.24,,,,^-j-1-.1?"
Dues for 1970
By now you probably have received your notice for
payment of 1970 dues since they were mailed out early
in December. It is essential that you pay your dues
promptly, and not later than April 1, 1970, if you wish
to have your name listed in the new membership directory
which will be published next year.
If you have not already paid your dues, please send
your check at once for $4.00, payable to the Society of
Paper Money Collectors, Inc., to our Treasurer, M. 0.
Warns, P. 0. Box 1340, Milwaukee, Wis. 53201.
Last year many members used the application blank
enclosed with their membership card to sponsor a new
member for SPMC. Your cooperation in this connec-
tion is appreciated, as it helps the Society to maintain
a steady growth. It is hoped that more members will use
the application blank this year and recommend persons
for membership in our Society.
VERNON L. BROWN, SECRETARY
S. P. M. C.
Membership Directory
A new membership directory is being planned for re-
lease in 1970. It will be printed separately from our
magazine and mailed to all members at the time of pub-
lication. However, the names of members who have not
paid their dues by April 1, 1970 will not be included in
the directory.
The directory will show the member's number, name,
address and collecting specialty. Please notify the Sec-
retary immediately if: (1) You DO NOT wish to have
your name and address listed in the directory; (2) You
wish to have only your name listed, without address; (3)
You have changed your collecting specialty.
Vernon L. Brown, Secretary
P. 0. Box 8984, Fort Lauderdale, Fla. 33310
PAGE 1 1 8
Paper Money WHOLE NO. 32
Hungarian and Confederate Catalogs Highlight
Recent Library Accessions
During the past quarter, SPMC Secretary Vernon
Brown has transferred Society Copies of The Numismatist
and the ANA Club Bulletin as listed below to the Library.
He also donated an unusual paperback catalog of Hun-
garian paper money in two volumes. Although the
Hungarian language is admittedly difficult, an introduc-
tion in English sets the stage for fairly simple use of
the catalog; also, the Hungarian text is repeated in Ger-
man in Volume I and in English in Volume II. The
former covers the Austro-Hungarian monarchy from 1759
through World War II plus war issues of various parts
of the empire such as Montenegro and Serbia. Volume
II covers independent Hungary 1918-1964 and, of special
interest to Americans, the Kossuth period of 1848-66. A
very extensive bibliography completes the catalog.
SPMC honorary life member Charles J. Affleck has
given the Library a much-needed copy of his widely
acclaimed catalog, The Obsolete Paper Money of Vir-
ginia, Volume I, as well as a copy of the booklet on
Confederate bonds and certificates he wrote in collabora-
tion with B. M. Douglas. In the same general area of
interest, Harry G. Wigington donated two copies of The
Virginia Numismatist.
Theodore Kemm has furnished two copies of his popu-
lar Official Guide of United States Paper Money, first
edition, 1968, in sturdy, hardbound edition. The Society
is indebted to all these friends for their donations.
New Accessions
BOOKS AND PAMPHLETS
A-1, Affleck, C. J.—The Obsolete Paper Money of Vir-
ginia, Vol. I, 1968
A-2, Affleck, C. J., and Douglas, B. M.—Confederate
Bonds and Certificates, 1960
K-1, Kemm, T.—The Official Guide of United States Pa-
per Money, first edition, 1968. 2 copies hardbound
M-4, Mihaly, Dr. K., and Bela, A.—Magyarorszag Papir-
penzei, Volumes I and II, 1964
PERIODICALS
The Canadian Paper Money Journal:
Vol. V, No. 2, 1969
Vol. V. No. 3, 1969
The Essay-Proof Journal:
Vol. 26, No. 3, 1969
Paper Money:
Vol. 8, No. 2, 1969
Vol. 8, No. 3, 1969
The Virginia Numismatist:
June 1967
Sept. 1967
The Numismatist:
Vol. 81, No. 2, 1968
Vol. 81, No. 3, 1968
Vol. 81, No. 4, 1968
Vol. 81, No. 5, 1968
Vol. 81, No. 6, 1968
Vol. 81, No. 7, 1968
Vol. 81, No. 8, 1968
ANA Club Bulletin:
Feb., Mar., Apr., May, June, July, Aug., Sept., Oct.,
Nov., Dec.. 1968; Jan., Feb. 1969
Direct requests for materials, remittances for postage
and all relative correspondence to:
Barbara R. Mueller, Librarian, SPMC
225 S. Fischer Ave.
Jefferson, Wis. 53549
Donations of appropriate materials useful to numisma-
tists specializing in paper currency of the world are always
welcome. They will be acknowledged in Paper Money.
Hold Over Notes Featured
In Donlon's New Catalog
The 1970 edition of the popular Donlon Catalog United
States Small Size Paper Money features several innova-
tions. Available for the first time in two styles of bind-
ing—paperback at $1.50 and hard cover at $2.50—it has
been enlarged to 160 pages with much added informa-
tion and many price changes. A section on block letters,
mules and star numbers is now included. For the first
time in any catalog, "hold over" notes, those with con-
secutive numbers but two different sets of signatures, are
described and illustrated. This sixth edition is available
from most dealers or direct from Wm. P. Donlon, P. 0.
Box 144, Utica, N. Y. 13503.
Russian Propaganda Notes
Notes issued from 1918 to 1921 by the Russian Soviet
Federated Socialist Republic (later part of the USSR)
in denominations from one to 100,000 rubles carried the
slogan "Workers of the World Unite" in seven languages
—Chinese, Arabic, English, Spanish, French, German and
Russian. This slogan provoked considerable criticism
abroad. In Britain, for instance, Prime Minister Lloyd
George was badgered in Parliament about the prospect
of establishing trade relations with Russia on the basis
of such "Bolshevist" notes.
CRISP UNCIRCULATED $1 BLOCKS currently available:
series
price block letter combinations
now in stock
1928
1928A
$12.00
8.00
10.00
AA, BA, CA, DA, EA, FA
GA, HA, IA, JA, KA, LA, MA, NA,
QA, RA, SA, TA, UA, VA, WA, XA,
YA, ZA, AB
BB, CB, DB, EB, FB, GB
1928B 10.00 BB, CB, DB, EB, FB, GB, HB, IB, JB
1934 9.00 AA, BA, CA, DA, EA, FA, GA
1935 10.00 AA, BA, CA, DA, EA, FA, GA, HA,
IA, JA, KA, LA, MA
1935A 3.00 QA, TA, UA, VA, WA, XA, AB, CB,
DB, EB, FB, GB, JB, LB, MB, NB,
PB, QB, RB, SB, TB, WB, ZB, AC,
CC, DC, EC, FC, GC, HC, IC, JC, KC,
NC, PC, QC, TC, UC, VC, WC, XC,
YC, ZC, AD, BD, CD
1935B 8.00 DO, ED, FD, GD, HD, ID, JD, KD
1935C 4.00 MD, ND, PD, QD, RD, SD, TD, 17D,
VD, WD, XD, YD, ZD, AE, BE, DE,
EE, FE, GE, HE, IE, IE, KE, LE,
ME, NE, PE, QE, RE, SE
1935D wide 3.50 SE, 1/E, VE, WE, XE, YE, ZE, AF,
BF, CF, DF, EF, FF, GF, HP, IF,
JF, LF, MF, NF, PF, QF, RF, SF,
VF, WF, XF, YF, ZF, AG
1935D narrow 3.50 BF', DF, EF, FF, GF, IF, JF,
KF, LF, MF, NF, PF, QF, RF, TF,
UF, VF, WF, XF, YF', ZF, AG, CG,
DG, EG, FG, HG, IG, KG, LG, MG
1935E 3.00 PG, RG, SG, TG, UG, VG, YG, ZG,
AH, B11, CH, DH, MH, NH, WH, ZH,
EI, HI, KI, LI, NI, PI
1935F 2.50 QI, RI, SI, TI, UT, XI, YI, ZI, AJ, BJ
1935G no motto 2.25 BJ, CJ, DJ
1935G motto 3.00 DJ
1935H 2.25 DJ, EJ
1957 2.25 AA, CA, EA, FA, GA, HA, IA, JA,
LA, RA, SA, UA, VA, WA, XA, YA,
ZA, AB
1957A
1957B
2.25
2.25
AA, BA, CA, DA, EA, FA, GA, HA,
IA, JA, KA, LA, MA, NA, PA, QA,
RA, TA, UA, VA, WA, XA, YA
PIEDMONT COIN CO.
P. 0. BOX 848
BURLINGTON, N. C. 27215
CURRENCY
ERRORS
Please give price
and description
LEE WORTHLEY
P. 0. Box 27064
Los Angeles, Cal. 90027
WANTED TO BUY
CONTINENTAL CURRENCY
May 10, 1775. 7.00. X.F. $21.00
May 10, 1775. 8.00. V.F.
18.50
November 29, 1775. 8.00. Fine 10.00
February 17, 1776. $1/6. Unc. 30.00
February 17, 1776. 3.00. Unc. 32.00
February 17, 1776. 4.00. Unc. 32.00
February 17, 1776. 8.00. Unc. 35.00
May 9, 1776. 3.00. Unc. 35.00
May 9, 1776. 4.00. Unc. 35.00
May 9, 1776. 6.00. X.F. 26.00
May 9, 1776. 700. Unc. 35.00
May 9, 1776. 8.00. X.F. 26.00
February 26, 1777. 5.00. X.F.
26.00
April 11, 1778. 40.00. Unc. (c'tft.)
33.00
September 26, 1778. 7.00. V.F.
15.00
September 26, 1778. 30.00. Unc.
27.00
September 26, 1778. 40.00. Unc.
27.00
September 26, 1778. 50.00. A. Unc.
20.00
January 14, 1779. 20.00. A. Unc.
26.00
January 14, 1779. 35.00. Unc.
35.00
January 14, 1779. 60.00. A. Unc.
26.00
Many other colonial & obsolete notes in stock
Send your want lists.
RICHARD T. HOOBER
P. 0. Box 196 Newfoundland, Penna. 18445
CHECK AND STOCK CERTIFICATES
C-1 ROCKY MOUNTAIN NATIONAL BANK, Central City, Colorado,
1890's, drawn on Kountz Brothers, N.Y., red documentary stamp
affixed, signed, paid, very fine. $2.00
C-2 HANINGTON & MELLOR BANKERS, Central City, Colorado,
1881, attractive check red on white in color, rare bank, printed
revenue stamp, signed paid, extra fine. $3.00
C-3 THE ROCKY MOUNTAIN NATIONAL BANK, Central City,
Colorado, 1880's, large draft with printed revenue stamp, signed,
paid, extra fine. $3.00
C-4 ROCKY MOUNTAIN NATIONAL BANK, Central City, late 1880's
large check with handsome vignette to left of 3 sailors, signed,
punched, fine. $3.50
C-5 THE ROCKY MOUNTAIN NATIONAL BANK, Central City,
Colorado, drawn on Koutze Brothers Bankers, N. Y. Large ornate,
colorful check, early date for this state 1870's, magnificent
vignette to right of dehorsed Indian fighting grizzly bear, large
printed revenue stamp, paid, very fine. $5.00
C-6 THE PEOPLE'S BANK, Colorado Springs, Colorado, 1870's, in-
teresting early check: "Due one Day after Date (without grace)"
on face, blue internal revenue stamp affixed, brown on white in
color, signed, paid, very fine. 83.50
C-7 As above, 1880's, red on white in color. $3.00
C-8 TREASURER OF THE CITY OF CRIPPLE CREEK, Colorado,
large black on yellow check, written to various town officials for
work and services, etc., Seal of the State to left, early 20th
century, signed, paid, extra fine. $1.50
C-9 THE BANK OF LEADVILLE, Colorado, 1880's, check of the
Ward Consolidated Mining Co., printed revenue stamp, signed by
Ward, paid, extra fine. $3.00
C-10 As above without Ward advertisement. $2.50
S-1 GOLD MINE STOCKS-2 ornate certificates of the 1890's from
the famous mining area of Cripple Creek, Colorado-The Buena
Vista Gold Mining Co., and The New York Tunnel & Mining Co.,
beautiful, unsigned, mint condition with company seal to left,
included a reproduction of an early mining map of Cripple Creek
.. . The pair plus map . . . 3 pcs . . . $4.00
S-2 Complete list of railroad stocks and checks . . . free with order or
early railroad stock certificate and both lists at $1.00
Please order by number. Money back if not satisfied.
Shipped postpaid.
PAUL R. PEEL
1748 Sawyer Way, Colorado Springs, Colo. 80915
A BAKER'S DOZEN
A mail bid, no reserve, auction. Closing date Jan. 31, 1970. Bid by lot number. Usual rules.
Lot Catalog Value
1. Fr. #19, 1874 L.T. $1 Allison-Spinner UNC scarce & beautiful. $175.00
2. Fr. #43, 1874 L.T. $2 Allison-Spinner UNC the lot #1 mate and ditto. 450.00
3. Fr. #74, 1880 L.T. $5 Rosecrans-Jordan UNC tough seal and signature. 200.00
4. Fr. #96, 1869 L.T. $10 Allison-Spinner UNC first "Jackass" note. 275.00
5. Fr. #105, 1880 L.T. $10 Rosecrans-Hyatt UNC a seal mate for lot #3. 225.00
6. Fr. #129, 1878 L.T. $20 Allison-Gilfillan UNC a superb type note. Red "XX". 450.00
7. Fr. #223, 1891 S.C. $1 Tillman-Morgan UNC another scarce type note. 80.00
8. Fr. #225, 1896 S.C. $1 Bruce-Roberts UNC beautiful, ever popular Educational. 100.00
9. Fr. #248, 1896 S.C. $2 Bruce-Roberts UNC the scarce mate for lot #8. 375.00
10. Fr. #282,
1923 S.C. $5 Speelman-White UNC "Sad Lincoln" last of the series. 175.00
11. Fr. #299, 1891 S.C. $10 Tillman-Morgan UNC scarce reverse, early obverse type. 225.00
12. Fr. #335, 1891 S.C. $50 Parker-Burke XF not far off UNC. Only blue seal type. 375.00
13. Fr. #1183, 1906 C.C. $20 Napier-McClung UNC beautiful gold. The world's standard. 250.00
Bid with assurance of satisfaction. The sale is not completed until seven calendar days after you receive your notes. Postage and
insurance will be added to your invoice. Sales tax will be added to California bids. Terms are cash upon receipt of invoice.
HAROLD E. BAKER
Tel. (714) 830-2151 2147B Ronda Granada
LAGUNA HILLS, CALIFORNIA 92653
ANA-LM 348 SPMC 1256
FRACTIONAL
CURRENCY
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)
lst-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
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.
0
WHETHER BUYING
OR SELLING
Please Contact
WARREN HENDERSON
Obsolete Currency Specialist
P. 0. BOX 1358 VENICE, FLA. 33595
MAIL BID SALE I Obsolete Currency Auction
1—DC—Bullion Bank, Washington, $2.00, Vignette child, July 4,
1862, signed, unc.
2—DC—As above, $3.00, Vignette maiden, signed, fine, small tear border.
3—FLA—Bank of Jacksonville, $1.00, Jacksonville, Steamboats and
Sailing Ships, 18—, signed, uncirculated.
4—FLA—Bank of Jacksonville, Jacksonville, $3.00, as above.
5—FLA—Bank of West Florida, Appalachicola, $5.00, Justice with
Scales, November 18, 1832, signed, extra fine.
6—FLA—Bank of West Florida, $10.00, Maiden and ship, otherwise
as above.
7—Indian Territory—J. J. McAlester, Trade Note, 5c, payable in mer-
chandise at store, reverse in red, dated 189-, crisp.
8—LT.—as above, 250, black reverse, dated 190-, unc.
9—I.T.—as above, 500, black reverse, dated 190-, unc.
10—I.T.—as above, $2.00, black reverse, dated 190-, extra fine.
11—IND—Savings Bank of Indiana, Connersville, $3.00, Three Cherubs
on Dollars, August 23, 1854, blue reverse, signed, extra fine,
small hole right edge.
12—MASS—Merchants Bank, Newport, $2.00, Three masted schooner,
March 9, 1857, signed, very fine.
13—NEB TERR—The City of Omaha, Omaha City, Nebraska Territory,
$1.00, Two Indian on horses, November 15, 1857, signed, very fine.
14—NY—Redford Glass Company, Redford, 250, 500 and 750, dated
18—, unsigned, unc., 3 pcs.
15—NY—New York and Western Exchange Company, $2.00, August
10, 1837, signed, just good, repaired.
16—NC—The Bank of Cape Fear, Wilmington, $4.00, Shipbuilding
scene, June 1, 1848, signed, very good.
17—OHIO—Bank of Gallipolis, Gallipolis, $5.00, Allegorical Figures,
August 9, 1839, signed, extra fine.
18—PA—Berks County Bank, Reading, $5.00, Couple binding wheat,
18—, unsigned, extra fine.
19—PA—Chambersburg & Bedford Turnpike Road Company, $1.00,
$2.00, $5.00, $10.00, Seal of Company, Plate A, July 12, 1818,
signed, fine, 4 pcs.
20—PA—Bank of Chambersburg, Chambersburg, $10.00, Aristotle in-
structing youth, September 12, 1856, signed, very good to fine.
21—PA—The Harrisburg Bank, Harrisburg, $5.00, Justice next to Capi-
tol, March 1, 1849, signed, good, small piece off upper right
corner.
22--PA—The North Western Bank, Warren, $5.00, Two female figures,
June 14, 1860, signed, very good to fine.
23—PA—Wright & Co. Bankers, Tunkhannock, 250, Dog on chest, #51,
December 22, 1862, printed signature, very fine.
24—PA—Merchant Note, Marietta, 100, pay bearer mdse or bank
notes, saddled horse, July, 1837, unsigned, unc.
25—PA—as above, 200, Sailing Ship.
26—PA—as above, 250, Horn, of plenty.
27—PA—as above, 1.00, Flag and Bee Hive.
28—PA—as above, 2.00, Eagle.
29—RI—The Bank of America, Providence, $1.00, Patented Note of
April 23, 1860, unsigned, unc., scarce.
30—RI—as above, $2.00, scarce.
31—RI—The Bank of the Republic, Providence, $3.00, steamboat, Dec.
20, 1853, signed, very good to fine.
32—SC—Farmers and Exchange Bank, Charleston, $10.00, Sailing
Ships, August 2, 1856, signed, very good to fine.
33—TENN—The Ocoee Bank, $1.00, Indians looking at city, Novem-
ber 1, 1859, signed, good.
34—VA—Merchants Note on the Farmers Bank of Virginia, Winchester,
6 140, Nov. 1, 1839, unsigned, unc.
35—VA—as above, 12 1/20.
36—VA—as above, 25g.
37—VA--as above, 500.
38—VA—as above, 1.00.
39—W. VA.—The Merchants and Mechanics Bank, Wheeling, Bald
Eagle, May 1, 1861, signed, good, rare note.
COLLEGE CURRENCY
40—ILL—The Easton Second National Bank, Chicago, $3.00, Liberty
with Flag left, printed signatures, very fine.
41—IND—Central Normal College, Danville, $100.00, pink reverse,
extra fine.
42—NY—The Eastman College Bank, Poughkeepsie, 5g, yellow reverse,
undated, unc.
43—NY—As above, 500, note in red, Washington at right, undated,
very fine.
44—NY--First College National Bank of Claverack, Columbia Co.,
$2.00, Feb. 23, 1864, printed signatures, very fine.
45—NY—as above, $5.00.
46—NY—The First National Bank, Jamestown, $5.00, Jan. 1, 1870,
printed signatures line.
47—NY--Bryant, Stratton & Co's International College Bank, New
York, $50.00, March 26, 1866, signed, extra fine.
48-7—Worthington & Warner's Commercial College Bank, $5.00, 186-,
#10, unsigned fine, tear left end.
49—NEW MEXICO TERRITORY, stock certificate of the New Mexico
Mining Co., 300 shares, August 5, 1864, signed, fine.
50—NEW MEXICO TERRITORY, stock certificate of the New Mexico
Mining Co., 50 shares, vignette of miners panning gold, August
15, 1867, signed, fine, with attached receipt stub.
51—COLORADO, The Canon City & Cripple Creek Electric Railway
Company, $1000 First Mortgage 5% gold bond, interest payable
beginning July 1, 1898, all 30 interest coupons attached, signed,
unc.
52—CALIFORNIA—$200.00 Certificate of Deposit on Adams and Com-
pany, San Francisco, November 1, 1854, numbered, signed, very
fine.
VERMONT & U. S. PAPER
$20.00 1929 F. N. Bennington F. Charter # 130
10.00 ty 2 1929 N. of Newberry V.G. Charter # 1406
5.00 1929 Ver. Nat. Brattleboro V.G. Charter # 1430
5.00 Howard Nat. Burlington Unc. Charter # 1698
10.00 Island Pond. Nat. G. Small town rare Charter # 4275
1929 FED. RES. NAT. BANK
$ 5.00 Boston Unc.
5.00 Philadelphia Unc.
5.00 Cleveland Unc.
5.00 Atlanta Unc.
5.00 Chicago Unc.
5.00 Minneapolis Unc.
5.00 Dallas Unc.
10.00 Boston Unc.
10.00 New York Unc.
10.00 Philadelphia Unc.
10.00 Cleveland Unc.
10.00 Richmond Unc.
10.00 Atlanta Unc.
10.00 Chicago Unc.
10.00 St. Louis Unc.
10.00 Kansas City Unc.
10.00 Dallas Unc.
20.00 Boston Unc.
20.00 New York Unc.
20.00 Philadelphia Unc.
20.00 Cleveland Unc.
20.00 Cleveland Fine
20.00 Richmond Fine
20.00 Chicago Unc.
20.00 St. Louis Unc.
20.00 St. Louis Fine
20.00 Minneapolis Unc.
20.00 Dallas Unc.
20.00 San Francisco Unc.
50.00 New York Unc.
50.00 Cleveland Unc.
50.00 Chicago Unc.
100.00 New York Unc.
100.00 Chicago Unc.
100.00 Minneapolis Unc.
20.00 Ft. Wayne, Indiana Carter 11 V.F.
20.00 Scranton, Pa. Carter 77 V.F.
2.00 Red Seal 1928D Star Note Unc.
2.00 Red Seal 1928F Star Note Unc.
2.00 Red Seal 1928G Star Note Unc.
2.00 Red Seal 1953A Star Note Unc.
2.00 Red Seal 1953B D Star Note Unc.
2.00 Red Seal 1953C Star Note Unc.
2.00 Red Seal 1963P Star Note Unc.
5.00 Red Seal 19538 Star Note Unc.
5.00 Red Seal 1953C Star Note Unc.
SILVER CERTIFICATES
1928 X.F.
1928A C.U.
1935A Mules, PA-NA-UA-QA (one of each, C.U.)
1935 C.U.
1935A C.U.
1935D C.U.
GEORGE M. DAUDELIN
Sugarbush Road
WARREN, VERMONT 05674
I 1748 Sawyer Way, Colorado Springs, Colo. 80915
Closing date January 30th 1970. Bid by lot number please. Usual rules.
PAUL R. PEEL
COINS & CURRENCY, INC.
29 SO. 18th ST., PHILADELPHIA, PA. 19103
PRESENTS A PRICED LIST OF
COLONIALS and OBSOLETE NOTES
ty
;,""
.....TWO eitNTS
$12.00
15.00
63.00
13. Mass. Milford Bank, 10.00,
18 , Proof
14. Mass. Milford Bank, 1.00, 18 , Proof (Cor
dam.)
60.00
50.00
140.00 15. Mass. Worcester Bank, 50 00, 18 , Proof 60.00
160.00 16. Mass. Central Bank, 5.00, 18 , Proof 60.00
12.00 17. Mass. Rollstone Bank, 5.00, 10/6/61, F 8.00
12.00 18. Mich. Ins. Bank, 1.00, 18 , Unc. 7.50
12.00 19. Mich. Ins. Bank, 5.00, 18 Unc. 7.50
10.00 20. Mich. Central Mining Co., 10.00, 1866, Unc 7.00
10.00 21. Mich. Detroit Bank, 5.00, 10/24/06, AU 20.00
12.00 22. N.J. S.W. & W.A. Torrey, 25c, 6/15/61, VF 6.00
12.00 23. N.J. S.W. & W.A. Torrey, 1.00, 6/15/61, F 5.75
15.00 24. N.J. S.W. & W.A. Torrey, 5.00, 6/15/61, XF 6.50
32.00 25. N.Y. Bank of Tioga, 25c, 1862, Unc. 4.50
16.00 26. N.Y Glens Falls, 25c, 186 , Unc. 6.00
14.00 27. N.Y Kingston, 5c, 9/19/62, XF 5.00
17.00 28. N.Y. Ames Iron Works, Oswego, 75c, 1862, F 11.00
20.00 29. N.Y. Adsits' Exch. Bank, Almond, 25c, 1862,
47.00 Unc. 8.00
62.00 30. N.Y. Whitehall, 10c, 11/1/62, Unc. 6.00
63.00 31. N.Y. Van de Bogert, 5c, Unc. 4.50
65.00 32. N.Y. Penn-Yan, 75c, 1/1/38, AU 14.00
22.00 33. N.Y. Waterford, 10c 1862, AU 5.00
55.00 34. N.Y. Troy, 10c, 1862, AU 5.00
27.00 35. N.Y. Schenectady, 50c, 1862, Unc. 7.50
18.00 36. N.Y. Albany, 5c, 1862, Unc. 5.00
18.00 37. N.Y. Elmira, 5c, 1862, F 4.00
17.00 38. Ohio, Kirtland Soc., 5.00, 3/9/37, Letter A.
73.00 Smith & Rigdon, Rare, Fine 70.00
18.00 39. Pa. Venango Co., 25c, 1862, Unc. 7.00
26.00 40. Pa. Easton, 10c, 12/1/62, VF 5.00
18.00 41. Pa. Easton, 25c, 12/1/62, VF 5.00
42. Pa. Eby & Keinkel, Harrisburg,
10c, 1862, F 4.00
43. Pa. Wayne Co., 2.00,
1859, Unc. (Cor. dam.) 8.50
44. Pa. Wayne Co., 5.00,
1859, Unc. 11.00
4.00 45. Pa. Hollidaysburg, 1.00, 1841,
Unc. 12.00
9.00 46. Pa. Bank Chambersburg,
10c, 186 , Unc. 8.00
35.00 47. Pa. Easton & Wilkesbarre Turnpike,
5c, 1816,
11.00 VF 13.00
11.00 48. Pa. Marietta, 10c, 1837, Unc. 8.00
6.00 49. Pa. Bellefonte, 61/4c, 1843, VF 10.00
8.00 50. R.I. Farmers Exch. Bank, 7/1/08,
AU 8.00
15.00 51. R.I.Richmond Bank, 10.00, 8/12/56, F 9.00
14.00 52. R.I. Tiverton Bank, 3.00, 10/1/56, F 7.00
11.00 53. R. I. Central Bank, 10.00, 10/1/55, F 7.00
8.00 54. R.I. Hamilton Bank, 1.00, 2/14/49, F 7.00
14.00 55. Tenn. Bank of America, 5.00,
18 , Unc.
7.50
7.00 56. Va.
Merch. Bank of Alexandria, 10.00, 1815,
6.50 VF 20.00
8.50 57. Va. Bank of Charleston, 7/19/58, 5.00, F 16.00
4.25 58. Va. Farmers Bank, 1 00 12/10/61, F 10.00
4.50 59. Va. Bank of Va., 10.00, 8/5/56, F 8.00
5.00 60. Va. Bank of Howardsville, 20.00, 3/18/61, F 7.00
6.00 61. Va. Treasury, 5.00, 3/13/62, (A), Unc. 6.00
7.00 62. Va. Corp. Winchester, 25c, 6/29/61, F 6.00
63. Va. Corp. Winchester, 25c,
10/24/61, F 6.00
7.00 64. Va. Corp. Winchester, 121/2c, 11/23/61, AU
10.00
6.00 65. Va. Corp. Winchester, 15c, 7/15/61, VF
8.50
6.75 66. Va. Corp. Winchester, 50c, 7/15/61, F 7.50
60.00 111. Va. Corp. Winchester, 5.00,
1/1/62, F
7.00
1. Del. 2 S. 6d., Jan. 1, 1776, F
2. Del. 20 Sh., Jan. 1, 1776, VF
3. Ga. 1 Sh. 6d., 1776, XF (SI. dam.)
4. Ga. 15.00, 1777, VF (SI. dam.) Rare
5. Ga. 30.00, May 4, 1778, XF Rare
6. Md. 6.00, April 10, 1774, VF
7. Md. 4.00, April 10, 1774, VF
8. Md. 8.00, April 10, 1774, VF
9. Md. $ 2/3, April 10, 1774, F
10. Md. 6.00, Dec. 7, 1775, F
11. Md. $1'/3, Aug. 14, 1776, VF
12. Mass. 4.00, May 5, 1780, VF
13. Mass. 3.00, May 5, 1780, XF
14. N.H. 3.00, April 29, 1780, F
15. N.J. 30 Sh., May 1, 1758, G
16. N.J. 1 Sh., Mar. 25, 1776, VF
17. N.J. 6 Sh., Mar. 25, 1776, AU
18. N.J. 3 Sh., Mar. 25, 1776, Unc.
19. Pa. 20 Sh., Mar. 10, 1757, G
20. N.C. £5, Dec. 1771, VF
21. N.C. 5.00, May 15, 1779, XF (SI. dam.)
22. N.C. 10.00, May, 15, 1779, XF
23. N.C. 25.00, May 15, 1779, F (Mend)
24. N.C. 50.00, May 15, 1779, F (Sewn)
25. Pa. 2 Sh. 6d., April 3, 1772, AU
26. Pa. 2 Sh. 6d., Oct. 1, 1773, Unc.
27. Pa. 50 Sh., Oct. 1, 1773, Unc.
28. Pa. 20 Sh., April 25, 1776, B. XF
29. Va. 2,000.00, May 7, 1781, Unc.
30. C.C. 20.00, Sept. 26, 1778, VF
31. C.C. 60.00, Sept. 26, 1778, Unc.
32. C.C. 4.00, Jan. 14, 1779, VF
OBSOLETE NOTES
33. Del. Wilmington, 10c, 11/1/62, VF
34. Del. Wilmington, 50c, 9/1/62, XF
35. Del. Wilmington, 50c, 9/1/62, Proof
36. La. G. W. Holt, 2.00, 1/1/62, Unc.
37. La. G. W. Holt, 3.00, 1/1/62, Unc.
38. La. State, 5.00, 10/1/62, Unc.
39. La. Red River Packet, 1.00, F
40. La. St. Charles Parish, 1.00, 4/7/62, Unc.
41. La. St. Mary Parish, 25c, 8/15/62, Unc.
42. La. St. Mary Parish, 50c, 9/25/62, XF
43. La. Iberville Parish, 50c, 4/15/62, AU
44. La. Iberville Parish, 3.00, 3/15/62, XF
45. Mass. Granite Bank, 2.00, 11/19/57, F
46. Mass. Lafayette Bank, 20.00, 1/29/37, XF
47. Mass. Franklin Bank, 100.00, 4/7/35, XF
48. Mass. Union Bank, 5.00, 1/1/64, F
49. Mass. Hancock Bank, 1.00, 7/1/59, F
50. Mass. Chicopee Bank, 3.00, 10/1/41, F
51. Mass. Bank of Brighton, 1/1/51, 20.00, F
52. Mass. Taunton Bank, 2.00, 8/12/58, F
53. Mass. Hampshire Mfgrs. Bank, 10.00, 6/1/48,
Unc.
54. Mass. Warren Bank, 2.00, 12/1/59, F
55. Mass. Quincy Stone Bank, 1.00, 7/1/45, VF
56. Mass. Mass. Bank, 2.00, 18 , Proof, (Creased)
112. Va. Staunton, 1861, 1.00, VG
113. Va. Portsmouth, 1.00, 10/29/62, Unc.
114. Va. Portsmouth, 50c, 10/29/62, VF
115. Va. Bank of Valley, 10.00, 18 , Proof
8.50
5.00
4.00
60.00
180. Penna. Allegheny Co., 2.00, 5/1/48, (Ctft.) VG
181. R.I. Farmers Exch. Bank, 5.00, 7/1/08, Sm. hole
XF
182. R.I. Farmers Bank, 3.00, 8/6/55, F
5.00
4.00
3.00
116. Va. Bank City Petersburg, 5.00, 7/1/61, VF 17.00 183. S.C. State Bond, 10.00, 3/2/72, Unc. 4.00
117. Va. Bank City Petersburg, 100.00, 5/1/61, F 57.00 184. S.C. Bank of State, 5c, 2/1/63, Unc. 1.50
118. Va. Bk. City Petersburg, 50.00, 2/1/62, VF 68.00 185. S.C. State Bank, 5.00, 5/12/60, VF 3.00
119. Va. Bk. City Petersburg, 10.00, 6/1/61, Uncanc. 186. Tenn. Bank of America, 10.00, u/s, Unc. 8.50
VF 27.00 187. Texas, Treas. Warrant, 3.00, 8/12/64, C.10,
120. Va. Brunswick Co., 1.00, 3/29/62, AU 8.00 AU 12.00
121. Va. Richmond, 50c, 4/14/62, VF 3.00 188. Texas, Gov't., 10.00, 5/1/38, H.17A, (Hous-
122. Va. Petersburg,
1.00, 4/23/61, F 5.00 ton) XF 10.00
123. Va. Bank of Valley, 20.00,
3/7/56, XF 14.00 189. Texas. Comm. & Agricultural Bank, 1.00, u/s,
124. Va. Monticello Bank, 20.00, 6/19/60, VF 5.00 Unc. 13.00
125. Va. Lynchburg,
15c, 5/1/62, VF 6.00 190. Utah, Drovers Bank, 3.00, 7/1/56, Rare VF .... 58.00
191. Vt. State Bank, 75c, 5/1/08, Sm. hole, F 5.00
FRACTIONAL CURRENCY 192. Vt. Windham Co. Bank, 3.00, u/s, Unc. 193. Va. Treas. 20.00, 8/1/61, (D), C.3, VF
8.50
13.00
126. F.1226, Unc. $15.00 194. Va. Bank of Charleston, 5.00, 7/19/58, VG .... 4.00
127. F.1236, F 8.00 195. Va. Bank of Commonwealth, 1.25, 6/4/62,
128. F.1242, Unc. 12.00 Dam. Fair 3.00
129. F.1244, VF 4.00 196. Va. Corp. of Richmond, 1.00, 4/19/61, AU .... 5.00
130. F.1254,
Unc. 67.00 197. Wisc. Numeral Point Bank, 5.00, 6/1/38, VG 5.00
131. F.1255, XF 6.00 198. N.J. State Bank, Trenton, 3.00, 6/7/24, XF 9.00
132. F.1258,
Unc. 8.00 199. N.J. State Bank, Trenton, 1.00, 4/4/25, XF 8.50
133. F.1271, Unc. 32.00 200. N.J. State Bank, Trenton, 10.00, 5/10/25, VF 7.50
134. F.1267, Unc. 29.00 201. N.J. State Bank, Trenton, 5.00, 5/10/22, F .... 7.00
135. F.1266, AU 2.00 202. N.J. State Bank, N. Brunswick, 1.00, 12/1/61,
136. F.1281 , VF 7.00 Unc. 6.50
137. Ala. State, 1.00,
Jan. 1, 1863, C.1, AU 2.00 203. N.J. Morris Canal & Banking, 10.00, 7/15/37,
138. Ala. Farmers
Bank, 1.00, 3/1/62, VF 6.00 VF 9.00
139. Ark. Treas. Warrant, 10.00, 4/19/65, AU
7.50 204. N.J. Merchants Bank, 1.00, 11/20/61, Unc. .... 20.00
140. Ark. Cinc.
& Little Rock State Co., 1.00,
12/1/54, F 10.00
205. D.C. C.5-0. Canal Co., 20.00, 8/9/40, AU
206. D.C. C.&O. Canal Co., 5.00, 10/9/40, AU
6.00
6.00
141. Conn.
Bank
of New England, 2.00, 1/1/65, 207. D.C. Bullion Bank, 3.00, 7/4/62, Unc. 10.00
Signed, Unc.
142. Del. Bank of Milford, 3.00, u/d, F
143. D. C. Bullion Bank, 2.00, 7/4/62, Unc.
144. Fla. Tallahassee R.R., 2.00,
11/1/66, F
145. Fla. State, 10c, Strip of 3, C.30, Unc.
6.00
5.00
6.00
6.00
14.00
208. Mich. Detroit Bank, 5.00, 10/24/06, Unc. ....
209. Mich. E. & K. R.R. Bank, 5.00, 8/1/53, Red
5's, VF
210. Mich. Bank of Washtenaw, 5.00, 5/1/54, AU
20.00
4.50
5.00
146. Fla. State, 10.00,
3/1/64, C.32, XF 9.00 211. Mich. Bank of Michigan, 1.00, 9/39, F 6.50
147. Ga. State,
5.00, 1/15/62, C.5, Unc. 1.50 212. Mich. Farmers Bank of Sandstone, 1.00, 1/8/38,
148. Ga. Merch. & Planters Bank, 6/1/59, 1.00, XF 3.00 AU 8.50
149. III. State Bank,
5.00, 9/10/40, VF 5.00 213. Mich. Bank of Manchester, 10.00, 11/20/37,
150. Ind. Citizens Bank, 5.00,
7/1/57, XF 8.00 XF 5.00
151. Iowa,
Lyons City,
1.00, 10/21/58,
XF 13.00 214. Mich. Bank of Manchester, 2.00, 11/20/37,
152. Kansas Merchants Bank, 3.00, 8/21/54, AU
33.00 F 4.00
153. Ky. Newport Lyceum, 3.00, 5/1/37, VF 8.50 215. Mich. Peninsular Bank, 5.00, u/s, Unc. 4.50
154. La.
Iberville Parish, 3.00, 3/15/62, Green, XF
155. La. State, 1.00, 2/24/62, C.8, F
156. La. Canal Bank, 1,000.00, u/s, Unc.
9.00
2.50
8.50
216. Mich. Bank of Macomb Co., 1.00, 4/1/58, VF
217. Mich. Bank of Macomb Co., 5.00, 4/1/58, F ....
5.00
4.00
157. Maine Sanford Bank, 1.00, 7/19/60, Red,
VG 4.00 218. Ala. Commercial Bank, 1.00, 10/4/61, F 4.50
158. Md. Allegany Co.
Bank, 1.00, 6/1/61, F 5.00 219. Ala. Pickensville scrip, 25c, 3/1/62, Scarce, F 20.00
159. Mass. Berkshire Bank,
10.00, 9/9/1806, VF 7.00 220. Ala. Tuscaloosa scrip, 50c, u/s, Unc. 18.00
160. Mass. Cochituate Bank, 5.00, 1/1/53, VF 4.00 221. Ala. Tuscaloosa scrip, 12 1/2c, 5/18, Unc. 18.00
161. Mich. E&K, R.R. Bank, 2.00, 8/1/53, F
162. Minn. Dayton Bank, 1.00, u/s, Unc.
163. Miss. State, 1.00,
5/1/62, C.25, F
164. Miss. Citizens Bank,
10.00, 3/13/38, VF
5.00
8.50
4.50
7.50
222. Ark. State Bank, 20.00, 1/3/39, VF
223. N.Y. Mohawk Valley Bank, 11/9/52, Spinner
sign, VF
22.00
20.00
165. Mo. State, 4.00, u/s, C.16 Unc. 19.00 224. Penna. 4 checks, diff., 1872-1900, XF 7.00
166. Neb. City of Omaha, 3.00, 11/15/57, AU
10.50 225. Penna. 5 diff. checks, of Pa., 1874-81, XF 8.50
167. Neb. Bank of Florence,
1.00, u/s, (A), Unc. 7.50 226. Penna. Bank of N. America check, 8/3/24, All
168. Nev. Carson City Say. Bank check, 4/25/76, AU 4.00 ink, XF 13.00
169. N.H. Farmington Bank, 1.00, u/s, Sm. hole, AU 4.00 227. Ga. Bank of Augusta, 1-1-1-2, Sheet, u/s, Unc. 13.00
170. N.J. Jersey City, 1 Oc, 11/15/62, F 2.50 228. Texas, Comm. & Agricultural Bank, 1-1-1-1,
171. N.J. Egg Harbor Bank, 5.00, 8/15/61, Unc. 7.50 Sheet, u/s, Unc. 53.00
172. N.Y. Lyons Bank, 2.00, 1/1/62, (Ctft.) VF 4.00 229. Wisc. Bank of Watertown, 1-2-3-5, Sheet,
173. N.C. Bank of Yanceville, 5.00, 4/1/55, F
4.50 u/s, Unc. 57.00
174. N.C. State, 20.00, 12/20/62, C.1 19, Unc.
175. N.C. City of Raleigh, 15c, 4/10/62, (C), Unc
176. Ohio Bank of Gallipolis, 5.00, 8/9/39, F
7.00
3.00
4.50
230. La. Citizens' Bank, 5-5-5-5, Sheet, u/s, Unc.
231. Neb. Bank of Florence, 1-2-3-5, u/s, Unc.
8.00
33.00
177. Penna. Borough of Harrisburg, 25c, 4/6/43, VF 4.00 232. Md. Hagerstown Bank, 10-10-5-5, u/s, Unc. 26.00
178. Penna. Exchange Bank, 6/1/36, 5.00, VF
7.50 233. S.C. Revenue Bond scrip, 5-5-10-10, 1872, Unc. 13.00
179. Penna. Borough of Erie, 1.00, u/s, AU 8.00 234. Minn: Dayton Bank, 1-1-2-5, u/s, Unc 30.00
We are cataloging the early spring sale and request that you mail your material in for consignment as soon
as possible. Your autographs, documents and coins are as welcome as your paper money. The next sale
already has consignments of small and large Nationals, Colonials & Wild Cat. bank notes. We can use
more. Let's make it another 3 day sale. The more the merrier! Have a fine Holiday and a Happy New
Y r. Cordially
DOROTHY GERSHENSON
Americana Gallery Presents
FOR THE DISCRIMINATING COLLECTOR A UNIQUE STOCK OF
Paper Money - Foreign and U. S. — Obsolete Bank Notes — Singles and Uncut
Sheets — Colonial Notes — Fractional Currency — Medals — Confederate Paper
Money, Bonds and Historical Documents — Civil War Broadsides and. Documents
— Lincolnia — Florida Historical Material and Paper Money — Prints — Old Maps
and Atlasses — Early Valentines — Ornate Stock Certificates — Autographs — Old
Newspapers and Specialty Books — Swords — Guns and Nazi Material — Art Glass
— Jade and Ivory Figurines — Original Oil Paintings — Far East Antiquities — An-
tique Jewelry — Coin Bracelets — Gold Coins — Early Advertising Material and
Other Unusual Items.
List your hobby wants with us. We keep you posted by phone or mail of new material ac-
quired. Advertising displays of above material for rental or sale. WE PURCHASE WHOLE
ESTATES.
Americana Gallery
PHONES: 565-7354 — Evenings: 522-3630
Please Phone First For Appointment
During Banking Hours
H. F. JENNE
We Buy, Sell and Trade . . .
2701 East Sunrise Blvd.
Room 412, Sunrise Bay Bldg.
Fort Lauderdale, Florida 33304
Mail Address
P. 0. Box 4634
PAPER MONEY
BUY- SELL - TRADE
U. S. LARGE SIZE
ONLY
AMERICANA: SCRIP, CHECKS, BOOKS,
DOCUMENTS, MAPS, ETC.
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
CALL FOR
KENTUCKY
Dealers and Collectors: Will you please check and
see if you have any Obsolete State Bank or Scrip
notes to offer me from any of the following towns
in Kentucky: Barboursville, Canton, Cynthiana,
Danville, Elizabethtown, Falmouth, Flemingsburg,
Gallatin, Greenville, Harrodsburg, Henderson, La-
Grange, Lancaster, Lebanon, Monticello, Mt. Ster-
ling, New Castle, Owensboro, Owingsville, Paducah,
Paris, Shelbyville, Shepherdsville, Springfield, Stan-
ford, Versailles and Winchester. I am also in-
terested in other Kentucky notes, plankroad,
advertising, altered, and vignette proofs with or
without matching notes. Please write.
EARL HUGHES
Box 147, Montezuma, Ind. 47862
SPMC 17
NOTICE!
- M-P-O-R-T-A-N-T
WHY HAVEN'T I RECEIVED A SINGLE note in response to
the "Wanted" items in my ad on page 93 of the last issue of
PAPER MONEY? Perhaps some sample buying prices of rare,
as well as not so rare, notes is in order.
For examples, I will pay for Fr. #114-122, $70.00 ea.;
#165-168 VF $1,000.00 ea.; Unc. up to $3,000.00 ea.;
#215-18, $70.00 ea.; #259-265, $200.00-$400.00 ea.;
#1160-11660, up to $10,000.00 ea.; S-976 VF, $250.00;
S-2017, 5-2968 both Ty. II non-Omaha Unc., $37.50 ea.; etc.,
etc., etc.
I ESPECIALLY want NATIONALS, large and small, as point-
ed out in my last ad. In fact, I will give a crisp BARR note
FREE to the first person from each state sending me a Na-
tional or Nationals, for my offer. The Nat. or Nats. need NOT
necessarily be from your own state. You keep the Barr note
whether you sell me your note (s) or not! (I will pay up to
$1,500.00 for a NEVADA national.)
Send me your Nationals and other U.S. Currency TODAY.
You will be pleased!
NOTES FOR SALE:
LARGE IOWA NATIONALS
Fr. #601 $5 Burlington Chtr. #1744 F+ 20.00
589 $5 Ft. Dodge 1661 V.G. 24.50
607 $5 Lenox 5517 V.G.-F 20.00
626 $10 Cedar Rapids M3643 V.G. 24.50
3643 V.F. 28.50
624 $ 0 Clarinda M31 12 V.G.
36.50
626 $ 0 Council Bluffs 9306 F 24.50
624 $ 0 Ft. Dodge M2763 V.G.
25.00
613 $ 0 Rock Rapids M3153 F 37.50
632 $ 0 Sidney M5145 F. 31.00
624 $ 0 Toledo M6432 Abt. V.G.
32.50
624 $ 0 Waterloo M2910 G.
22.50
616 $ 0 West Union M2015 V.G. 36.50
LARGE OHIO NATIONAL
577 $10 Paulding 5862M V.G.
75.00
LARGE PENNSYLVANIA NATIONAL
581 $20 East Brady 5356 V.G. 80.00
LARGE WEST VIRGINIA NATIONAL
574 $5 Wheeling 51645 G.-V.G. 77.50
LARGE WISCONSIN NATIONALS
627 $10 Appleton 1749 F. 30.00
643 $20 Wisconsin Rapids 4639 V.F. 60.00
SMALL IOWA NATIONALS
$5 Sioux City Chtr. 3124 V.G.
18.00
$10 Clinton 2469 F.-V.F.
16.75
$10 Mason City 2574 F.
25.00
$20 Ackley 8762 ser. #10 V.F.
38.50
$20 Anamosa 4696 Low ser. V.F. 35.00
$20 Chariton 9024 ser. 49 V.G.-F 31.50
$20 Clinton 2469 V.F.
31.00
$20 Glidden 4814 ser. 61 V.G.-F.
33.50
$20 Red Oak 2130 ser. 81 V.F.
39.50
$20 Toledo 13073 ser. 6 V.G.
29.50
$20 Traer 5135 ser. 148 XF-AU
41.00
Fr. 1860A $10 1929 Boston, Mass Brown seal. V.F.
14.00
Add 50c postage under $50.00.
Now accepting advance orders for
1970 Proof Sets @
7.50
New Eisenhower Dollar @ 2.50
20 for 45.00
100 200.00 500 950.00 1,000 1,750.00
Prompt Delivery upon issuance.
Buying All Silver Dollars and Commemoratives! Ship (Don't
bother to write first) for Top Offer!
FRED L. BUZA
A.N.A. 19342 (Member 20 years) S.P.M.C.
P. O. Box 301-P Plover, Wis. 54467
WORLD PAPER MONEY ISSUED PRIOR TO 1900
- Bought and Sold -
HISTORICAL AND FINANCIAL DOCUMENTS OF THE
FARAWAY PAST FOR AN ATTRACTIVE AND
VALUABLE COLLECTION
ALFREDO P. MARCON
Via del Coronari, 112
00186-ROMA, Italy
DISPERSAL SALE
SMALL - LARGE - FRACTIONAL CURRENCY
ON ALL ORDERS OF MORE THAN $20.00 DEDUCT 15% FROM VALUES GIVEN
DEM. VALUE DEM. VALUE
1863 Postal Curr. FR #1311 Uncir. 50¢ $37.50 1914 FR #930 Lg. Curr. Chicago VF $10 $20.00
1902 51268 Lg. Curr. Sedar Rapils EF $10 $70.00 1914 FR #940 Lg. Curr. Kansas City F $ 1 0 $15.00
1934-A FR #2302 Sm. Curr.-Spec. VF $5 $17.50 1891 FR #299 Lg. Curr. EF $10 $115.00
1863 Postal Curr. FR #1283 Uncir. 25¢ $20.00 1899 FR #249 Lg. Curr. Uncir. $2 $55.00
1928 FR #2400 Sm. Gold F $10 $30.00 1907 FR #91 Lg. Curr. A.U. $5 $30.00
1907 FR #88 Lg. Curr. F $5 $10.00 1928F FR #1507 Sm. Curr. VF $2 $17.50
1891 FR #351 Lg. Curr. VF $1 $40.00 1935-A-S FR #1610 Sm. Curr. F $1 $10.00
1896 FR #767 St. Louis Lg. Curr. EF $10 $165.00 1935-A-S FR #1610 Spec. Curr. F $1 $10.00
1914 FR #1110 Lg. Curr. Uncir. $100 $220.00 1935-A-R FR #1609 Spec. Curr. F $1 $12.50
1896 FR #224 Lg. Curr. F $1 $30.00 1863 Postal Curr. FR #1265 Uncir. 10¢ $10.00
1914 FR #929 Lg. Curr. Chicago EF $10 $40.00 1863 Postal Curr. FR #1230 Uncir. 5¢ $17.50
1902 51268 Lg. Curr. Cedar Rapids EF $10 $70.00 1863 Postal Curr. FR #1257 Uncir. 10¢ $12.50
1914 FR #991 Lg. Curr. Chicago EF $20 $35.00 1928 FR #2402 Gold CERT. Sm. Curr.
$20 $70.00
1901 FR #121 Lg. Curr. EF $10 $60.00 1935-A-R FR #1609 Spec. Curr. F $1 $12.50
1907 FR #90 Lg. Curr. EF $5 $27.00 1928 FR #2402 Gold Cert. VF
$20 $70.00
1863 Fractional Curr. FR #1227 Uncir. 3¢ $40.00 1935-A-R FR #1609 Spec. Curr. F $1 $12.50
1863 Fractional Curr. FR #1294 Uncir. 25¢ $20.00 1928-B FR #1952-H Sm. Curr. EF
$5 $27.50
1863 Fractional Curr. FR #1281 Uncir. 25¢ $25.00 1863
FR #1226 Uncir. Postal Curr. 3¢ $22.50
1863 Fractional Curr. FR #1309 Uncir. 25¢ $10.00 1863 FR #1302-A Uncir. 25¢ $80.00
1863 Fractional Curr. FR #1375 Uncir. 50¢ $50.00 1901 FR #122 Lg. Curr. Uncir.
$10 $10.00
1863 Fractional Curr. FR #1236 Uncir. 5¢ $40.00 1929 FR #1860H St. Louis A.U.
$10 $40.00
1907 FR #86 Lg. Curr. EF $5 $30.00 1934-A FR #2305-A Spec. Curr. VF $20 $40.00
1899 FR #272 Lg. Curr. F $5 $30.00 1929 FR #1880-G Chicago Sm. Curr. Uncir. ....$50 $165.00
1891 FR #351 Lg. Curr. A.U. $1 $85.00 1928-B Silver Cert. Sm. Curr. Uncir. $1 $7.50
1890 FR #368 Lg. Curr. VF $10 $250.00 1928-G FR #1508 Sm. Curr. EF $2 $10.00
1882 FR #368 Lg. Curr. VF $5 $125.00 1928-D FR #1505 Sm. Curr. Uncir.
$2 $30.00
1902 51265 Spfld. Illinois Lg. Curr. Uncir. $10 $100.00 1928-A FR #1601
Silver Cert. Uncir. $1 $17.50
1923 FR #237 Lg. Curr. Uncir. $1 $20.00 1863 Postal Curr. FR #1381 Uncir. 50¢ $25.00
1902 FR #S1265 Ill. Lg. Curr. Uncir. $10 $100.00 1863 Postal Curr. FR #1339 Uncir. 50¢ $35.00
1914 FR #990 Chicago,
III. Lg. Curr. VF $20 $35.00 Obsolete Curr. Set of 4-Citizens Bk. of La. Uncir. $24.00
1917 FR #60 Lg. Curr. EF
$2 $25.00 1862 Virginia Treasury Note Uncir. $1 $3.75
1902 FR #51255 Fort Smith, Ark. Lg. Curr. EF $10 $100.00 1857 State of Ga. Uncir. $1 $4.75
1914 FR #838 Chicago, III. VF $10 $40.00 1928 Sm. Curr. VF $5 $27.00
1902 FR #600 III. Lg. Curr. Uncir. $5 $30.00 1935-A FR #2300 Spec. Curr. VF $1 $6.00
1917 FR #38 Lg. Curr. VF $1 $12.50 1935-A FR #1608 Silver Cert. EF $1 $5.00
1908 FR #303 Lg. Curr. F
$10 $50.00 1929 FR #1860H St. Louis EF $10 $27.00
1907 FR #88 Lg. Curr. VG
$5 $12.00 1934-A FR #2302 Spec. Curr. Uncir. $5 $45.00
1902 FR #S1278 Lg. Curr. St. Louis VF $10 $65.00 1929 FR #1802-2 Illinois Sm. Curr. Uncir. ....$20 $60.00
1901 FR #5911 Lg. Curr. Spec. III. EF $10 $275.00 1934-A FR #2305 Spec. Curr. F $20 $40.00
1901 FR #121 Lg. Curr. F $10 $30.00 1934-A FR #2303 Spec. Curr. VF $10 $27.50
1902 FR #S1278 Lg. Curr. St. Louis EF $10 $65.00 1935-A FR #2300 Spec. Curr. F $1 $5.00
1914 FR #929 Lg. Curr. Chicago, Ill. VF
$10 $25.00 1928-G FR #1509 Sm. Curr. $2 $15.00
1902 FR #S1245 Lg. Curr. San Angelo VF $10 $70.00 1934-A FR #1651 Sm. Curr. Uncir. $5 $18.00
1914 FR #930 Lg. Curr. Chicago EF
$10 $25.00 1929 FR #1870H St. Louis Sm. Curr. A.U. ....$20 $65.00
1899 FR #272 Lg. Curr. VG $5 $15.00 1928 FR #2404 Gold Uncir. $50 $30.00
1897 FR #230 Lg. Curr. F
$1 $5.00 1928-B FR #2050-G Chicago Sm. Curr. EF ....$20 $37.50
1902 S1267 Indiana Lg. Curr.
EF $10 $70.00 1928-G FR #1508 Sm. Curr. $2 $15.00
1902 S1265
Illinois
Lg. Curr. Uncir. $10 $75.00 1935-A-S FR #1610 Spec. Curr. F $ 1 $17.50
1902 FR #51265 Illinois Lg. Curr. A.U.
$10 $95.00 1935-A-R FR #1609 Spec. Curr. $1 $12.50
1863 Postal Curr. FR #1226 Uncir.
3¢ $22.00 1928 FR #1600 Silver Cert. EF $1 $18.00
1914 FR #1054 Lg. Curr. St. Louis F
$20 $45.00 1922 FR #1187 Lg. Gold Cert. VF+ $20 $70.00
"PLEASE INCLUDE CHECK OR MONEY ORDER WITH YOUR ORDER." ORDERS WILL BE SENT AIR-
MAIL INSURED.
MORGAN'S
ANTIQUES-COINS
106 W. COOK ST. P. 0. BOX 396
SPRINGFIELD, ILLINOIS 62705
LARGE HOARDS WANTED
Yes, I can use large hoards of single obsolete bills. Can also
use large groups of single old bank checks. Write giving full
details, and if the price is right you will hear from me promptly.
Sixty Years of Branch Banking in Virginia. 1931
This BOOK contains 142 pages and contents are in
E.F. condition. If you lack this fine volume on
branch banking in Virginia, I would suggest you act
promptly. $17.50
Mount Hope Mining Co., Rockaway, N.J. Magnificent
Set of Proof Obsolete Notes containing the $1.00,
$2.00, $5.00 and dated 186- Yes, you could buy a
1913 Nickel sooner than you could find another
set of these. Priced reasonable considering their
RARITY. P.O.R.
Salem Glass Works. Salem, N.J. 1870 10c 25c 50c
Unc. Each $ 4.75
State Bank at New Brunswick. $1.00 Abt. Unc. $ 5.50
State Bank at New Brunswick. $50.00 Unc. black on
white. 18.75
Long Branch Banking Company. Long Branch, N.J
Striking PROOF Check dated 188- with Wide
BORDERS. Printed in blue with Government imprint-
ed stamp in orange and word SAMPLE on Check.
This item might even be Unique or near so. 17.50
Depression Scrip of Borough of Lodi, N.J., dated 1936,
$5.00, $10.00, $15.00, $25.00, $50.00 Unc. A
striking set that is printed in different COLORS. 16.75
Have many other single bills and single old bank checks
from other states including California on down.
FRANK F. SPRINKLE
P. 0. BOX 864
BLUEFIELD, W. VA. 24701
WANTED
BUYING & SELLING
-ILLINOIS-
Broken Bank Bills
AND
National Bank Notes
SPECIAL INTEREST IN
SPRINGFIELD, ILLINOIS
NATIONAL BANK NOTES
PLEASE STATE PRICE AND GIVE DESCRIPTION
Coin Skop
3123 SOUTH 31st. STREET
CAPITOL CITY SHOPPING CENTER SPRINGFIELD, ILLINOIS 62707
Phone (217) 529-6277
WANTED:
ALL CHARTER PERIODS
•
Maine and New Jersey
Broken Bank Notes
FOR MY COLLECTION
•
PLEASE WRITE
ROBERT R. COOK
93 OVERLOOK ROAD
UPPER MONTCLA
NEW JERSEY 07043
SPMC 529
Large National Bank Notes any denomina-
tion, on the Massachusetts towns of: Brigh-
ton, Brookline, Dorchester, Newton and
Watertown. Will Buy or Trade.
M. PERLMUTTER
P. 0. BOX 48
WATERTOWN, MASS., 02172
"Numismatic Dealers and Researchers; Specializing In U.S.
Paper Money, Series 1861-1923."
U. S. LARGE AND SMALL NOTES
FOR SALE
ALL LISTED BY FRIEDBERG AND DONLON NUMBERS
20 New, Spots from Mounting 30.00
27 E.F. 25.00
28 V.F. 15.00
57 New 28.50
60 New 25.00
68 New, Spots from Mounting 65.00
69 New, Spots from Mounting 150.00
69 E.F. 125.00
74 Spots from Mounting 125.00
147 E.F. 65.00
Silver Certificates
217 and 219 Fine each 25.00
224 V.F. 35.00
237 E.F. 9.25
Treasury or Coin Note
362 V.F. 65.00
National Bank Notes
383 New Ch. No. 460 150.00
385 V.F. Ch. No. 1295
75.00
595 New Bank No. 1 Note, Ch. No
960 100.00
613 F N B City of N Y V . F. 25.00
Federal Reserve Notes
747 V.F. 30.00
748 E.F. 60.00
845 New 17.50
847 New 1950 V.F. 12.50
906 V.F. 20.00 966 V.F. 32.50
Small Notes
SHEETS OF 18 UNCUT NEW AND CRISP
D-201-13-1935E Lists at 550.00 Special
D-205- 6-1953 List at 950.00 Special
475.00
825.00
201-1 New 10.50
201-2 New 7.50
201-13 New 2.25
201-14 New Star 2.25
201-14 New 1.75
201-15 New 1.85
201-16 New 1.75
201-19 New 1.75
201 Red R. V.G. 9.50
SMALL NOTES
205-1 New 14.00
205-2 New 10.00
205-6 New 11.00
205-8 New
8.75
HAWAII ISSUE
HSO5-2 E.F. 22.50
H510 E.F. 30.00
H520-1 Rare E. F. 150.00
GOLD NOTES
610-1 V.F. 27.50
620-1 V.F. 37.50
STOCK OF ABOVE NOTES
IS NOT LARGE. ADVISE
EARLY ORDERS. ADD 3 %
SALE TAX FOR MASS.
AMBROSE J. BROWN
A.N.A. 2507 63 POND ST., MARBLEHEAD, MASS. 01945
S.P.M.C. 1661
PHONE 617-631-0016
U. S. CURRENCY
UNCUT SHEETS
$1 Silver Series 1935D sheet of 12 (Lists $450.00)
$1 Silver Series 1935E sheet of 18 (Lists $550.00)
$5 Silver Series 1934D sheet of 12 (Lists $550.00)
$5 Silver Series 1953 sheet of 18 (Lists $950.00)
$2 Legal Series 1928G sheet of 12 (Lists $425.00)
$2 Legal Series 1953 .sheet of 18 (Lists $700.00)
The above 6 sheets in nice frames
$3,250.00
$1 Silver Series 1935D sheet of 12
$2 Legal Series 1928G sheet of 12
The above 2 sheets are Autographed by Lyndon B. Johnson and
Sam Rayburn. Small vertical crease in both sheets $1,000.00
$1 Silver Series 1935D sheet of 12 (Lists $450.00)
$419.00
$1 Silver Series 1935E sheet of 18 (Lists $550.00)
$529.00
$2 Legal Series 1953 sheet of 18 (Lists $700.00) $675.00
Uncut Sheets Emergency Issues
Series 1935A Hawaii (List $1,250.00) $1,000.00
Series 1935A North Africa (List $1,500.00) $1,200.00
The above pair for $2,000.00
BAIN - BROWNLEE- ROWE
1418 Commerce Street
Dallas, Texas 75201
PHONE 214-742-8178
ORDER YOURS TODA Y!
The 1970 Edition
DONLON CATALOG
"U. S. SMALL SIZE PAPER MONEY"
Enlarged 160 Pages Jam-Packed With New Information Extensive Price
Revisions
The only Catalog that covers everything in U.S. small paper money.
° Regular Issues • Star Notes • Block Letters • Mules
• Hold-over Notes
° Sheets • Every Type of Error
Recognized As The One Standard Reference!! Same Low Price $1.60 PPD.
Winner 1969 Robert Friedberg Award By The Lewis M. Reagan Foundation
1969 EDITION U. S. LARGE SIZE PAPER MONEY
This First Edition will be a collector's item. $3.10 ppd.
Order both catalogues for $4.25. Save 45c.
*
DONLON'S LARGE INVENTORY OF U. S. LARGE and SMALL NOTES, and ATTRAC-
TIVE UNCUT SHEETS, PROBABLY HAS THE PAPER MONEY ITEM YOU NEED.
WANT LISTS CAREFULLY CHECKED.
WILLIAM P. DONLON
P. 0. BOX 144
United States Paper Money
And Supplies, Exclusively
S.P.M.C. NO. 74
UTICA, NEW YORK 13503
FROFESSIONk
NUMISMATISis
%kilo
KNOW EN
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