Paper Money - Vol. X, No. 2 - Whole No. 38 - Spring 1971

NcXxxi'TcXxix'X'cX'''X'cl'cXxXxX'x'X'cl'X'cl"'TTcrcI'Tcr Ei 8 Ei 8 E.) Ei fa-3 Ei i-3 8 Esi 8 iE-3 Copyrighted photograph of a proof impression of the hitherto unknown $500 Treasury (Coin) Note, Series 1891, discovered and researched by William T. Anton, f-3E'l Ei Jr. and Morey Perlmutter, respectively. Their intriguing story is reported in detail beginning on Page 43. f-3 Ei E-3 Ei {-3 Ei 8 Ei 8 Ei society of Pape Otostel Collectom Ei © 1971 by The Society of Paper Money Collectors, Inc. Ei it,.i.x.T.x.mcz„.T.„- -cx.,a.,•,.Txxx.x.„m,..Txxxx„.T.7,,n,:xxxia.,- ,T.,,a,:x.xxxxxx.,5: Ei 8 Ei 8 Ei E-3 Paper litenq DEVOTED TO THE STUDY OF CURRENCY 111=1 TREASURY NOTE I nil Nt •11.01■ u 0011•04 , 111 E.1 8 Ei 8 " 800900 dinittOtitte5 Ainojpit 1.111,1111i1141WDIALL11.0 .44.4 zula 011, 11.... BOO Ei 000* E-3 / )lESCUDECTIG:111=EIP, Ei VOL. 10 E-3 E.I 14-3 1971 Whole No. 38 No. 2 E13 . OFFICIAL PUBLICATION OF Bebee's, inc. "Pronto Service" 4514 North 30th Street Phone 402-451-4766 Omaha, Nebraska 68111 RARE UNCUT SHEET SPECIALS Beautiful Crisp New Uncut Sheets of 4, 12. These Exceedingly Rare Showpieces-just what you'll need to Move Up Your Collection to the "Blue Ribbon Winner" Class. NATIONALS-SHEETS OF 4 SHEETS OF TWELVE SPECIAL 1882 $5.00 Brown Back. The Saint Paul National Bank, Nebraska 875.00 $1 Silver 1935-D 467.50 577.50 375.00 $2 L1902 $5.00 Douglass National Bank, Chicago, Ill. F608 $5 Silver 1934-D egal 1928-G 437.50 1902 $5.00 National Park Bank, New York, N. Y. F598 385.00 $5 Legal 1928-E (Pay $450) $1 Hawaii 1935A (Pay $950) 577.50 1,277.50 1902 $10.00 National Park Bank, New York, N. Y. F624 475.00 $1 North Africa 1935A (Pay $1,100) Wanted WANTED-Uncut Sheets (Perfect Crisp New only) of 4, 6, 12, 18, Fractional. Sheets of 18-$1 Pay $390.00; $5 Legal $700.00; $10 Silver $1,000.00. Others-please describe Offers and Price. 1918 $1 FEDERAL RESERVE BANK NOTES Complete Set, Beautiful Crisp New-all 12 Districts. Just the one set 647.50 Please send your Want List on Single $1, $2 1918 FRB Notes. State 'grade' desired. $1 FEDERAL RESERVE SETS AU Superb Crisp New Sets Set, Last 2 Star Set, Last Sets Nos. Match Star Set 2 Nos. Match 1963 Granahan/Dillon (12) 19.75 (12) 21.75 (12) $22.95 (12) $25.75 1963A Granahan/Fowler (12) 17.95 (12) 19.75 (12) 21.75 (12) 23.75 1963B Granahan/Barr ( 5) 7.45 ( 5) 7.95 ( 4) 7.45 ( 4) 7.95 1969 Elston/Kennedy (12) 16.75 (12) 18.75 (12) 18.75 (12) 21.75 #1969A Kabis/Kennedy (12) 18.95 (12) 21.75 Above 4 Sets (40) 75.75 Above Five Sets 1 53) 84.75 #Scarce Set with AA, JA. 1969A Kabis/Kennedy Set (12) - with AB, JB-Last 3 Nos. Match $22.95. 1969A Kabis/Kennedy Set (12) - with AB. JB $16.95, Last 2 Nos. Match $18.75. E/K Blocks - BB. BC, DB, EB, EC, FB, GB, GC, GD, KB, LB, LC (any 5 $7.50) each 1.65 K/K Blocks - AA (10/$20.00) $2.25; AB, BD, JA, JB and other K/K 1.50 KABIS/CONNELLY $1.00 SETS Special Advance Order Price (thru Aug. 31st only) : Set (12) 18.75Last Two Numbers match $17.95; Last Three Nos. match We will match Nos. with above 1963/1969A Sets, ordered at same time. TOM'S DE LUXE CURRENCY ALBUMS For above $1.00 1963/1969B Sets. Shipped Postpaid (under $10 add 75c) #111 For 1963 Set 3.95 #111C For 1969 Set 3.95 #111A For 1963A Set 3.95 #111D For 1969A Set 3.95 #111B For 1963B Set 3.95 #111E For 1969B Set (Due in Sept.) 3.95 DE LUXE POST BINDER - Size 10 1/-o(11 4.95 IMPORTANT BOOKS Postpaid Looking for a Special Book? Our New Book Catalogue Lists over 100 different on Paper Money. Its FREE - write if you have not received your Copy. Donlon's Catalogue "U.S. Small Size Paper Money". 7th, Latest Ed. 1.65 Goodman, O'Donnell, Schwartz' Standard Handbook of Modern U.S. Paper Money" 2d, Latest Ed. 1.65 Hessler's "Official Guide to U.S. Currency". 1970, New 1st Ed. 1.10 Kemm'a "Official Guide of U.S. Paper Money". 1971, New 4th Ed. 1.10 Shafer's "Guide Book of Modern U.S. Currency". New 5th Ed. 2.65 LIBRARY SPECIAL - above five Books 6.75 Donlon's "United States Large Size Paper Money 1861-1923". 2nd Latest Ed 3.00 Special Hard Cover Edition 4.50 *Friedberg's "Paper Money of the United States". 6th, Latest Ed. 14.00 •Above Book only $9.75 with a Currency Order $50.00 or more. Buy on our E-Z Payment Plan. $100.00 Minimum. No Carrying Charges. Pay 1/5 down and 1/5 every 30 days for the next 4 months. Air Shipment will be made when Final Payment is received. 100% Satisfaction Always. Minimum Order $5.00. Add 75c under $50.00 (except Books). How about a Trial Order-and become another "Bebee Booster". Paper litenq VOL 10 NO. 2 SECOND QUARTER 1971 WHOLE NO. 38 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 858, 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 $40.00 $150.00 Inside Front & Rear Cover 37.50 140.00 Full Page 32.50 120.00 Half Page 20.00 70.00 Quarter Page 12.50 40.00 (Charge for typing copy where necessary, $1.00 per printed page) Schedule for 1971 Advertising Publication Deadline Date Issue No. 39 Aug. 15 Sept. 8 Issue No. 40 Nov. 15 Dec. 8 CONTENTS The $500 Treasury (Coin) Note, Series 1891, by William T. Anton, Jr. and Morey Perlmutter 43 Centenary of the First Dominion of Canada Currency, by Walter D. Allan 47 New Bermuda Decimals, by J. Roy Pennell, Jr. 51 An Analysis of Silver Certificates, Series 1935-D, in Original Packs, by Robert H. Lloyd 53 Canadian Bank Notes Becoming Popular, by Harry Eisenhauer 55 The Rare 1882 Denomination Reverse $50 and $100 Notes, by Peter Huntoon 56 John W. Eddy—From Early Banking to Frontier Mining, by Harry G. Wigington 59 Choosing Type Faces For National Bank Titles, by William A. Philpott, Jr. 62 The 1942 Issue of Federal Reserve Bank Notes, by Bob McCurdy 65 The Story of the Donlon Collection 66 Julian S. Marks Collection Goes at Auction 72 THE SOCIETY OF PAPER MONEY COLLECTORS, INC. Higher Mail Rates Hit Society Hard 46 Wanted: Articles on Colonial & Continental Notes 55 Call for Annual Meeting 61 Nominations Report 61 Progress Report on Obsolete Note Lists, by Richard T. Hoober 66 Secretary's Report 67 Loyal Member Publicizes SPMC on TV 72 The Winner's Circle 73 Library Notes 73 Elliott E. Thomas Is 3000th Member of SPMC 74 National Bank Note Book Supplements Available 74 Money Mart 75 society ej Are Collects OFFICERS President Glenn B. Smedley 303 Homestead Rd., La Grange Park, Ill. 60525 Vice-President J. Roy Pennell, Jr. P. 0. Box 3005, Anderson, S. C. 29621 Secretary Vernon L. Brown P. 0. Box 8984, Fort Lauderdale, Fla. 33310 Treasurer M. Owen Warns P. 0. Box 1840, Milwaukee, Wis. 53201 APPOINTEES- 1970 - 71 Librarian Barbara R. Mueller Attorney Ellis Edlow BOARD OF GOVERNORS-1970 - 71 Thomas C. Bain, Vernon L. Brown, Forrest W. Daniel, William P. Donlon, Nathan Goldstein II, James L. Grebinger, William J. Harrison, Richard T. Hoober, Brent H. Hughes, Robert E. Medlar, Charles O'Donnell, J. Roy Pennell, Jr., Glenn B. Smedley, George W. Wait and M. Owen Warns. Society Library Services The Society maintains a lending library for the use of members only. A catalog and list of regulations is in- cluded in the official Membership Directory available only to members from the Secretary. It is updated periodically in PAPER MONEY. For further information, write the Librarian, Barbara R. Mueller, 225 S. Fischer Ave., Jeffer- son, Wis. 53549, including return postage. SPMC PUBLICATIONS AVAILABLE Texas Obsolete Notes and Scrip by BOB MEDLAR This is a hard-covered book with 204 large pages and 240 full-size illustrations. Postpaid to members, $6.00 Others, $10.50 Florida Obsolete Notes and Scrip by HARLEY L. FREEMAN This, too, is a hard-covered book, profusely illustrated, with 103 large pages. Postpaid to members, $4.00 Others, $5.00 Back Issues of PAPER MONEY $1.00 each while they last All issues from Vol. 4, No. 2, 1965 (Whole No. 14) to date. Earlier issues are in short supply. Send remittances payable to The Society of Paper Money Collectors, Inc. J. ROY PENNELL, JR. P. 0. Box 858, Anderson, S. C. 29621 Be Sure To Include Zip Code! The National Bank Note Issues of 1929-1935 by M. 0. WARNS-PETER HUNTOON-LOUIS VAN BELKUM This is a hard-covered book wth 212 large pages and 329 illustrations. $9.75 Postpaid Send remittances payable to The Society of Paper Money Collectors, Inc. M. 0. WARNS P. 0. Box 1840, Milwaukee, Wis. 53201 Be Sure To Include Zip Code! :4J11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 , 11111111111111111111111111111111111111111111111111111111111111111111111J_-: Important Notice Paper Money Is A Copyrighted Publication No article originally appearing in this publication, or part thereof or condensation of same, can be reprinted elsewhere without the express permission of the Editor. Although your Officers recognize the publicity value to the Society of occasional reprints, they cannot allow indiscriminate use of the material from PAPER MONEY in = other publications even when condoned by the author. Therefore, authors should contact the Editor for permis- sion to reprint their work elsewhere and to make arrangements for copyrighting their work in their own names, if desired. Only in this way can we maintain the integrity of PAPER MONEY and our contributors. 11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111I Ii11111111111111111H11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111117 B00000 Piihtiteil *trim ,Aillelifil //////,,,/,/ 111111,011010:91.WIL1X •fa ,u4aa WHOLE NO. 38 Paper Money PAGE 43 The $500 Treasury (Coin) Note, Series 1891 By William T. Anton, Jr. and Morey Perlmutter '1971 William T. Anton, Jr. and Morey Perlmutter ( Photos by courtesy of Wm. T. Anton Jr., Lodi, N.J.) ( Photographs Copyright 1971 William T. Anton, Jr, & Morey Perlmutter) Illustrated here, for the first time in any numismatic or lay publication, is the 5500 "Sherman" note of 1891. The photographs are from official Bureau of Engraving & Printing proof impressions, discovered by Mr. William T. Anton, Jr., of the Woodcliff Investment Corp., Lodi, New Jersey, with collaboration and additional research by Mr. Morey Perlmutter of Watertown, Massachusetts. The impression. (as on all proofs ) is minus the seal, and the serial number is in ciphers, prefixed by the letter "B," which was that for all Coin Notes in the 1891 Series, and suffixed by a solid red star, which was part of the serial number design in both the Series of 1890 and 1891. (Stars as "replacement" prefixes did not commence until 1910; as suffixes, not until the Federal Reserve Notes of 1914. They also were characterized by the "hollow" center, unlike the Coin Note Stars, and those also used as part of the design on the Legal Tender Series of 1869.) The signatures are those of Blanche K. Bruce and Ellis H. Roberts, whose tenure in office began on January 23, 1897, and terminated on March 17, 1898, indicating late preparation of this plate, as the issuance of Coin Notes was discontinued during the fiscal year 1900: 1,012,000 $5 notes constituted the final delivery of this type to the Treasury Department. Some of these were probably the very rare Lyons-Roberts notes (Friedberg 365; Donlon 705-20) and the equally scarce Bruce- Roberts notes 1Friedberg 364; Donlon 705-19). (The former are actually considered more rare, especially in new condition.) Fiscal 1899 saw the final delivery of Series 1891 $1, $2, $10 and $20 Coin Notes, the last denomination including an unknown quantity of Bruce- Roberts (Friedberg 375A; Donlon 720-19). Only one specimen of this note is definitely known to the writers at this time, and the general paucity of Bruce-Roberts Coin Notes has been well-known for many years. To many, the undisputed fact that plates were pre- pared, and proofs made, will come as a startling revela- tion, despite the fact that early authorities ( Blake, Ray- mond, Limpert, et al) recognized the $500 denomination, but subsequent listings and articles implied that such a note actually did not exist, as no specimen in any form had ever been seen, giving credence to the idea PAGE 44 Paper Money WHOLE NO. 38 that its existence was taken for granted. The late Robert Friedberg, in his first (1953) edition of Paper Money of The United States, stated. "A 500 dollar note with por- trait of General Sherman was also authorized but no specimen is known." The sixth 119681 edition states . . authorized, and a plate made, but was not issued." Dr. Limpert carried the simple notation "unknown", and there is no mention whatever, in proof or final form, of this note in William P. Donlon's United States Large- Size Paper Money, 1861 1923, Theodore Kemm.'s The Official Guide of United States Paper Money, and Gene Hessler's New Official Guide To United States Currency. Mr. William A. Philpott, Jr., Dallas, eminent paper money authority. in his definitive article on Coin Notes (The Numismatist, December, 19511 stated, "There has been mentioned a $500 issue of the Coin Note, hearing the portrait of General Sherman on the obverse. The writer has never seen or heard of one, and the Treasury Department's records do not show any notes of this denomination outstanding." Other leading specialists queried by both Mr. Anton and Mr. Perlmutter have indicated that such a note in any form was unknown to them, and probably non-existent, and a few even questioned the fact that it ever actually got beyond the planning stage. Research has uncovered statistics to the contrary . . . notes were printed and delivered; how- ever, it appears that none were ever placed in circula- tion. The reason for this is a moot point and open to much conjecture. The Comptroller of The Currency "Statement Showing The United States Notes, Certificates Of Deposit, Bonds And National Bank Currency Delivered During The Fiscal Year 1893" showed that 4,000 sheets, unsealed, were delivered to the Treasury Department. That is a total of 16,000 notes, presumably B1" through B16000", delivered for completion and eventual disbursement, but apparently never issued. The fact that Treasury records show none outstanding does not necessarily mean that all have been redeemed, much as coin mintage records which indicate only the amount struck. Subsequent activity, or the lack of same is not reflected in these statistics: therefore, utilizing the current limits of re- search available to us. we remain unanimous in our opinion that the $500 Coin Note was cancelled and the notes destroyed. The Coin Notes of 1890 ( and various of the 1891 Series I are the scarcest regular issues of U. S. paper currency, exceeded only by the Demand Notes of 1861, and the National Gold Bank Notes of California. The Department of The Comptroller of The Currency no longer maintains a balance of Coin Notes outstanding ( as of fiscal 1962 ), having determined under the annual "write-off clause" that all remaining notes were either irretrievably lost or destroyed or held in collections, and that none will ever be presented for redemption again in sufficient quantity to warrent said balance. I For all intents and purposes at the present time, the U. S. Treasury Bulletin considers Federal Reserve Notes and United States Notes as the paper currency in actual circulation, balances of Silver Certificates, National Bank Notes ( 1929 ), Federal Reserve Bank Notes and other ear- lier issues in process of retirement notwithstanding.) Both Series 1890 and 1891, from the $1 through $100, are represented by a total of only 33 notes, with the proportionate percentage of scarcities exceeding that of any other series. In the January, 1959 issue of The Numismatist, Mr. Wm. A. Philpott, Jr. offered his unique set of Coin Notes, all 33 specimens! It is the only time that such a set was offered (either individually or in its entirety), and it is indeed safe to assume that such an assemblage from which to make selections will in all probability never appear again. ( The Grinnell Sale [Part I-November 25, 1944-Bluestone] had 32 notes, lacking only the unique Fr. 375A; Don. 720-19.) A check of Bureau figures will reveal statistics consistent with the lack of many notes, and a brief history of this Series will provide some basis for what will follow. The Treasury Notes of 1890 and 1891 were authorized by an Act of Congress passed on July 14, 1890. Under this .Act—The Sherman Act of 1890, named for John Sherman, U. S. Senator IR) Ohio, (1861-1897), Secre- tary of The Treasury (1877-1881), and Secretary of State (1897-1898), and, coincidentally, brother of Gen. Wm. T. Sherman—the Secretary of The Treasury was to purchase 4,500,000 ounces of silver per month and to pay for this silver with Treasury Notes redeemable on demand in coin. These notes bore the legend "will pay to bearer . . . in coin"; they were redeemable either in silver or gold coin, at the discretion of the holder. At a time when the gold v. free silver controversy was raging, it seemed that this was an intentional move designed to antagonize neither side. (The later Gold Stan- dard Act of 1900 resolved this by enactment of what had been de facto since the resumption of specie payment in 1879; viz., that the gold dollar was the standard mea- sure of value in the U. S.) Motivated by the desire to show that the government met all of its obligations without any equivocation. President Cleveland ordered that redemptions be made in gold when so demanded. The end result of the Act was an eventual inflation which led to the collapse and panic of 1893. The continuing redemption of these notes for gold, which initially had been authorized to buy silver, the price of which was steadily falling, capsules some of the factors which led to the repeal of the Sherman Act on November 1, 1 . 893, and with it the authority to issue Coin Notes. (The Sherman Act of 1890 is not to he confused with The Sherman Anti-Trust Act of 1890, which was the legisla- tion enacted to prevent monopolies, trusts and cartels operating in restraint of trade.) However, as Comptrol- ler reports indicate, a plethora of such notes was con- tinuously issued through 1900. terminating with the aforementioned Lyons-Roberts $5, Series of 1891. This brief prologue, or the proverbial "nutshell," if you will, is merely to illustrate some of the circumstances contributing to the rarities within this series, and the arcane environs surrounding various issues, not the least of which is our $500 note. heretofore by some thought to be of apocryphal origin. Total issue of 1890 and 1891 Coin Notes was approximately $440,000,000. in $1, $2, $5. $10, $20. $50, $100. and $1000 denominations. Of this figure, Series 1890 notes amounted to 8164,864.000 ( less the 850, issued only in Series 18911. Rarity is the byword re the 1890 issues. as they were replaced after less than one year with the 1891 notes and not dis- WHOLE NO. 38 Paper Money PAGE 45 continued until 1900. However, perhaps in large part due to the revocation of the Act of 1890 and its pecuniary ramifications, the 1891 Series spanned the spectrum from "common" to "legendary" and onward to pseudo- phantom issues, obfuscating researchers for decades. Fiscal 1891 and 1892 saw the issuance of the 1890 notes; $7,160,000 in $1s; $9,864,000 in $2s; $36,000,000 in $5s; $46,000,000 in $10s; $25,840,000 in $20s; $12,000,000 in $100s and $20,000,000 in $1000 notes. The signature combinations and seals [large brown and small red, scalloped] in the $1 through $20 created three different notes; one in the $100, and two in the $1000; viz., Friedberg 347-49; 353-55; 359-61; 366-68; 372-74; 377 and 379a-b. Donlon 701-14/701-15A; 702-14/ 702-15A; 705-14/705-15A; 710-14/710-15A; 720-14/ 720-15A; 700-14 and 7-1M-14/15.1 Fiscal 1893 wit- nessed the emission of $8,000,000 in $1000 notes, for a grand total (1890) of a little under $165,000,000, by today's standards almost an infinitesimal amount. All are quite scarce, especially in new condition. The fam- ous "watermelon" $100 note, with an issuance of only 120,000, is known to the extent of 12 to 16 pieces. Only 23 "watermelon" $1000 notes are outstanding on the Treasury books, with but three specimens definitely known. Of the 1891 issues, the Lyons-Roberts is the rarest $5. While the Tillman-Morgan $20 remains a great rarity (and underrated ) with about 15 to 18 known, the Bruce-Roberts $20 is unique, the only specimen coming to our attention being that offered by Mr. Philpott in 1959. (Mr. "Phil" stated that he had seen one other, but as of this writing, it remains un- located. ) Concerning the 1891 Series, the legendary $50 Seward note (80,000 pieces—fiscal 1893) shows but 25 outstanding. with 12 to 15 known, including B1* and B2* in uncirculated condition! We now approach the 1891 $100 and $500 notes, which, along with the others discussed here, constitute a grouping, the very existence of which belies the collapse of 1893 and its aftermath. As noted by Mr. Perlmutter in PAPER MONEY, No. 31, September, 1969, the 1891 $100 Coin Note was unknown for many years. Despite an issuance of 80,000 pieces during fiscal 1893 and 1894, it was unheard-of until about 35 to 40 years ago. Since that time, only six specimens have come to light with two "possibles" awaiting confirmation. (Fr. 378; Don. 700-15A.) The 1891 saga continues, as Mr. Anton also reports proof impressions of the 1891 Seward $50 and the 1891 $100 with Tillman-Morgan signatures rather than the known Rosecrans-Nebeker! So here we have the anomalous situation of a limited issue $50, plus an almost illusion- ary $100 in one signature combination, of which proofs are discovered with later signatures! Inconsistencies galore; an abundance of paradoxes more mystifying than the circumstances surrounding the 1913 Liberty nickel and the 1884-1885 Trade Dollars. Will there be more surprises after the furor over the $500 Coin Note subsides? Will bellicose collectors and researchers belabor us with epithets for daring to insinuate that there are unknowns in the field of paper as well as coins? To paraphrase the radio vernacular of the 1930s, "tune in next time, and find out!" With the first illustration of the Sherman note now an accomplished fact, the question arises as to why the notes were never circulated. Many notes continued to flow from the Treasury, even in $1000 denominations, after the authority to issue them had ceased, so why not the $500? Perhaps something was found to be objec- tionable, or the denomination was deemed superfluous, or perchance the wrong choice of portrait subject? Ergo, a short biographical vignette is in order. William Tecumseh Sherman was born in 1820 in Lancaster, Ohio. After graduation from West Point in 1840, he participated in the war with Mexico, and resigned in 1853 with the rank of Captain. Offering his services to the Union in 1861, he was appointed Colonel of Infantry, and soon rose to the rank of Brigadier General. He served with distinction at the battle of Shiloh; and also in 1863 in the seige of Vicksburg. By this time, Sherman had attained the rank of Major General. In command of the Army in Georgia in 1864, his forces soon pressed the evacuation of Atlanta. Then followed an action which has been the subject of contro- versy almost to this day. Against Grant's judgment, Sherman formulated the plan whereby his troops would march across Georgia from Atlanta to Savannah. with the purpose of destroy- ing the food supplies of a specific region on which General Robert E. Lee depended heavily. Sherman also had in mind with this action to illustrate to the populace the devastation of war and thereby lessen their willing- ness to participate any longer in such a conflict. Prior to setting out on the march, Sherman ordered Atlanta put to the torch on November 15, 1864. With a force of 62,000 infantry and cavalry, he set his course, spread- ing out sufficiently enough to cover a 60-mile path through the state. Cutting off all communications as they proceeded, organized raiding parties intermittently ranged at will, returning at intervals with livestock, vehicles, and other supplies required for their sustenance. Unfortunately, a number of these instances were char- acterized by pillage and plunder, damning the entire battalion rather than just the perpetrators responsible. On December 10, the army drove into Savannah, and after a ten-day siege, the Confederates were forced into retreat across the Savannah River into South Carolina. Sherman met little or no opposition as he cut a swath of devastation to the sea; the carnage that resulted from this operation was that which Grant had envisioned and had tried to prevent. "War is hell," Sherman had ex- pressed; but whether the ends had justified the means . . . according to many, this was not the way to wage war. By his own estimation, Sherman calculated the Confederate losses at $100,000,000 . . . $80,000,000 of it being "simple waste and destruction." (Sherman's portrait seems to reflect a pensive mood, as if the weight of conscience was bearing on his thoughts; we will never really know.) In 1891, twenty-six years following the cessation of hostilities, Sherman died. It is quite possible that the decision to produce the $500 note with the portrait of Sherman may have been motivated by the thought of a memorial. although unofficial, such as that afforded 4,30.111tititk , rc *SIM J ;1.-11' 1 ' , 1 1.1 0 .‘ RECt1A7 Qf lUR Rt Nii O47.+1" PAGE 46 Paper Money WHOLE NO. 38 President Garfield via the Series 1882 55 brownback and the $20 Gold Certificates first issued in 1882. (Garfield had been assassinated in 1881.) In retrospect, would it be trivial to assume that the issue was cancelled at the eleventh hour due to the fact that it might create resentment and renew animosities? This possibility, coupled with the actuality that a $500 note was not a necessity, could have been the reasoning behind the issue's cancellation. Pure conjecture of course, but certainly within the realm of conceivability. The reader will forgive the occasional digression, how- ever revelant, in this article. It only proves that what lies behind these multi-colored bits of bond and fiber paper is much more than just the obligation to redeem and honor; each note is a veritable cornucopia of some segment of our history. We feel that this treatise is just the cornerstone of a new discovery and are hopeful that new facts will come to light, regardless of the source. Now, someone might opine, would it not all have gone for naught should a specimen suddenly appear, automatically throwing some portions of this essay into the proverbial "cocked hat"? Hardly! Such a discovery would be more than welcome! It would certainly not be the first time that an article had been the catalyst which produced that which was under examination . . . nor would it be the last. That is "the name of the game" when it comes to research; the quest for knowledge which never ceases; that which differenti- ates the accumulator from the numismatist. SOURCES Paper Money Of The United States, Robert & Jack Fried- berg; 1953, 1968. "United States Type Notes," John Tainter, The Numis- matist, August, 1953. "Coin Notes," Wm A. Philpott, Jr., The Numismatist, December, 1951. Concise Dictionary of American History, Charles Scrib- ner's Sons, N. Y., 1962. Lincoln. Library of Essential Information, Frontier Press, Buffalo, N. Y., 1962. Comptroller of The Currency Reports, 1891-1900. Higher Mail Rates Hit Society Hard The drastic increases in all classes of mail effective in May of this year will adversely affect all hobby orga- nizations which operate on limited budgets, including SPMC. In addition to the one-third increase in the second class mail category I with more to come over the next five years) under which PAPER MONEY is dis- patched, the increases in first and third classes, the hook rate and registry fees will correspondingly add to the costs of conducting Society business, editorial cor- respondence and Library operations. As a result, at the annual meeting in August, the Board of Governors will be forced to consider measures aimed at operating the Society as efficiently as possible and continuing the level of present services in the face of ever-increasing costs. Individual members are asked to cooperate through such simple measures as including a self-addressed stamped envelope for the replies to requests for informa- tion and to consolidate their correspondence with the Editor to minimize multiple exchanges of letters. Authors are asked to supply photographs with their manuscripts whenever possible to eliminate expensive registration fees for sending notes to the Editor and for their eventual return from a photographer. Only through such cooperation can SPMC and kindred organizations survive in this seemingly never-ending period of inflation. 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. P. O. BOX 33, ROCKVILLE CENTRE, N. Y. 11571 WHOLE NO. 38 Paper Money PAGE 47 Centenary of the First Dominion of Canada Currency By Walter D. Allan 1870 proof note Of the 25e design. 1870 proof note of 1870 proof note of the $1 design. the 82 design. One hundred years and a great many events have passed into Canadian history since the young Dominion issued its first paper currency as The Dominion of Canada. Three notes were issued during the year of 1870-25c, 81 and $2 denominations. The first issue was the 25c note of March 1st, apparently designed to help overcome the shortage of silver coinage which existed at that time. Following this came the 81 and $2 notes dated July 1, 1870. Some distrust of the chartered bank notes then in circulation probably prompted the government to con- tinue the issuance of small denomination notes following the acceptance of the previous government-backed notes of the Province of Canada in 1866. At the same time it pre-empted the issuing of notes of less than 85 value by the chartered banks so that the general population could have complete confidence in the paper currency values then in popular use, namely the one and two dollar denominations. PAGE 48 Paper Money WHOLE NO. 38 1870 reverse of 25c note. From the illustration of the 25c design one can readily discern all the essential details of the first issue dated March 1st, 1870. The central vignette portrays "Britania wearing a Phrygian cap" symbolic of British dominion. The note is approximately 2 1/4 by 4 1//a inches but varies slightly as the notes were cut by hand from what is believed to have been a sheet of 10, but this has not been confirmed. Two separate dies were used for the face—one for the overall black-on-white design including the engraved signatures of W. Dickenson, for Minister of Finance, and T. D. Harington, for Receiver General; the other for the green overlay which consists of the large "25" counters appearing to the right and left of Britania. There are two main sub-varieties which, as far as can be determined, merely designate a newly engraved master dye from which the plates were made. These are denoted by the letters A and B which appear on some notes immediately under the "0" of 1870 at the left side of the note. Various minor varieties have been recorded; these are due mainly to the position of the green counters in relation to the rest of the design, some being slightly higher or lower than others due to slight misalignment of the sheets when the overlay was added. Large and small A and B's have also been seen, but these would be significant only to a specialist collector. The back of the note consists of several joined, intricate lathework panels with a horizontal oval cen- trally located containing the caption "Redeemable on presentation at Montreal, Toronto or St. John." The entire printing is green. The denomination "25" appears in various forms eight times on the face of the note but does not appear on the back. No serial numbers were used on this issue, and no plate letters or numbers have been found. Illustrated here is a proof $1 note of July 1st, 1870, with vignettes of Jacques Cartier to the left and of "Canada" in the centre. The only difference from the actual note is that the serial numbers are omitted. These are normally found at the top to the right and left of "Dominion of Canada." The central vignette is No. 5 in the British American Bank Note Co. original listing of vignettes but is designated as No. 37 in the die sample book. Their list gives this engraving the title "Canada." The same vignette, slightly larger, with the word "Can- ada" omitted from the design on the globe, has been used on some stock certificates, such as those of Canada Packers and Canada Vinegars, as well as on a litho- graphic reproduction for Canada Gypsum and Alabastine. This engraving is British American No. 532. The Jaques Cartier portrait is No. 8 in their list of engravings. This vignette is found on several other Canadian bank notes and cheques, especially those of La Banque Jacques Cartier and La Banque Nationale. both early Quebec chartered banks. The $1 note, like the 25c was printed in basic black on white with an apple green overlay of the two large 7's to right and left of the central vignette and below these two large green One's on either side of a green oval containing a black One. As in the majority of instances, these notes were made up from different engravings of vignettes, lettering, scroll- work, and geometric patterns done by different special- ists. They were then combined to produce the master die or plate. In this case, plates of four notes of the same denomination were made for both the one and two dollar issues. All four notes on one sheet were given the same serial number, the only difference being the plate letters A, B, C, D, which appear in the field at the far right and left ends of each note. When issued, the notes were countersigned with pen and ink vertically at the left end. The reverses of both the one and two dollar notes were similar, with joined, intricate lathework panels surrounding the denomination counters and the central panel which indicated where the note was payable— Montreal, Toronto, Halifax or St. John. An interesting discovery made while researching these notes consisted of proof reverses for both denominations with Victoria in place of the above cities. This was engraved in 1871 apparently as an afterthought or due to political pressure from the west ( British Columbia) which, in fact, joined the Confederation in 1871. Never used, it is proof plate No. 517 of the British American Bank Note Co. The serial numbers for the $1 and $2 notes of this issue, as well as the following 1878 issue were done according to the following system: WHOLE NO. 38 Paper Money PACE 49 1870 reverse of $2 note. Die proof of the CANADA vignette on the $1 note with British American Bank Note Co. imprint. Proof impression of the CANADA vignette with the name removed as used on stock certificates. PAGE 50 Paper Money WHOLE NO. 38 Wt.): VF ,N11,".1,NOTi sIN Proof impression of the ('artier portrait on the $1 note; British American Bank Note Co. vignette No. 8. Notes with reverse Montreal—Serial numbers in blue Notes with reverse Toronto—Serial numbers in red Notes with reverse Halifax—Serial numbers in black Notes with reverse St. John—Serial numbers in black As with the 25c, note the signatures were engraved on the primary plate; that is, the one with the main design and vignettes. Both notes measure approximately 7 1/8 by 3 inches. A short history of the explorer Jacques Cartier will, I believe. show ample reason why he appears on the one dollar note and will be of some interest to those readers from other countries. Jacques Cartier was the hardy French sailor and master pilot who sailed from St. Malo. his birthplace on the coast of Brittany, in 1534, under the auspices of the King of France (Francis II. In the summer of that year he planted a cross bearing a shield with three fleur-de-lys, the symbol of French dominion, in the soil at Gaspe Bay. He returned to France but the next year he again crossed the Atlantic and sailed further up the great river to the Indian village of Stadacona, now Quebec city, and then to Hochelaga. now Montreal. another Indian settlement. He was the first European to ascend the St. Lawrence River and was told of the three "countries" of Saguenay, Canada, and Hochelaga. It was not until a later voyage in 1541 that he returned to this area and sailed up the St. Lawrence to the mouth of the Cap-Rouge River where he built a small fort and wintered there. All the engravings of Jacques Cartier after a likeness from a portrait in the town hall in St. Male painted about 1839. This likeness was confirmed in some degree in 1908 by the finding in an ancient house in Cap-des- Rosiers, a village near the mouth of the St. Lawrence, of a ship's wooden medallion on which a man's portrait was carved in relief. On the back were the initials J. C. and the date "1704." Perhaps both were copied from some earlier painting, now lost. For the next 60 years Die proof of the Wolfe portrait on the $2 note with British American Bank Note Co. imprint. the great valley of the St. Lawrence remained a land of mystery, but its discoverer will long be remembered. The two dollar issue of 1870 is essentially similar to the one dollar issue except for the vignettes used and the denomination counters. The date. signatures, reverses, and general format are all similar. The portraits are. to the left, Major General James Wolfe, and to the right, the Marquis de Montcalm. In the centre is a seated Indian on a rise overlooking a train below. A discussion of this issue would be incomplete without a brief mention of the significance of the two great soldiers depicted on it. General Montcalm came to Canada in 1756 during the Seven Years' War as commander-in-chief of the French forces under Vaudreuil. Montcalm gained control of Lake Ontario in 1756 and took Fort William Henry on Lake George in 1757. He conducted the bril- liant defense of Fort Carillon I Ticonderoga against superior British forces. a victory honoured by the official flag of Quebec, the "Drapeau de Carillon." He was in his headquarters at Beauport when he heard that the British under James Wolfe had scaled the heights and were on "The Plains Of Abraham." In the ensuing battle with the British forces, Montcalm was mortally wounded and died the next day. Major-General James Wolfe, born in England in 1727. was placed in command of the British military expedi- tion against Quebec. He had previously taken Louis- burg, a strong French fort on the east side of Cape Breton Island, and revived British hopes in America. Quebec was a great fortress on the north hank of the St. Lawrence on a lofty promontory. The shore was strongly fortified with guns and trenches for six miles to the east. West of the fortress the high, steep banks of the St. Lawrence formed a natural barrier and were also heavily guarded. Vaudreuil, the French governor, foolishly made Montcalm withdraw from the heights WHOLE NO. 38 Paper Money PAGE 51 1' , 1 in Die proof of NOR WEST vignette on the S2 note with British American Bank Note Co. imprint. across the river. Wolfe seized the position and soon had the city proper in ruins. An impasse between the two forces lasted for weeks until finally Wolfe discovered a narrow path up the heights. Wolfe then distracted the French for several days and one night, under cover of darkness, he and his forces landed at a cove (now Wolfe's cove) and by morning were drawn up for battle on the Plains of Abraham. The French were soon put to dis- orderly flight, but Wolfe was mortally wounded and died after giving his last order to cut off the retreat of the enemy. Thus on this bank note are commemorated two generals and the Battle of the Plains of Abraham which led to the defeat of the French in Canada and the rise of the British Empire in the New World. The central vignette of the $2 note shows an Indian overlooking a train. This vignette is titled "NOR WEST" on British American die No. 46 but in their listings is called "Indian and Civilization." The Nor West die differs only in that the authorization above the vignette is curved (see illustration 1 whereas on the note it is straight. The train is perhaps significant in view of the fact that a transcontinental railroad was promised to British Columbia before it entered Confederation in 1871. It was 1885 before this promise was fulfilled with the completion of the Canadian Pacific Railway. In regard to the relative scarcity of the notes, the 25c note with letter A is fairly scarce and rare in uncirculated condition. The one and two dollar notes are very scarce in any condition better than fine, with the Halifax and St. John reverses being even rarer. Any additional information on this issue would be welcomed by the author. Many thanks are extended to the British American Bank Note Co. for their assistance in the preparation of this article. (Editor's Note: The above article originally appeared in the October, 1970 and January, 1971 issues of The Cana- dian Paper Money Journal, W. H. McDonald, Editor. All illustrations are from the author's collection, including the proof impressions which were not shown in the original article.) New Bermuda Decimals By J. Roy Pennell, Jr. The new Bermuda decimal notes have been released and are available to collectors from the "Crown Agents" in England. The new notes are issued in denominations of $1, $5, $10, $20, and $50. Each note is printed in a different color with multicolored backgrounds. The Queen's por- trait and basic obverse design is the same on all of the notes. The notes are quite attractive and appear to the writer much more counterfeit resistant than our notes. The reverses are different on each denomination. The $20 reverse shows what is said to be the world's smallest drawbridge. It is just wide enough for the mast of a sailboat to pass through. For years collectors have asked for a numismatic agency similar to our Philatelic Agency. The British "Crown Agents" have furnished Commonwealth stamps for many years. They are now offering bank notes (only Bermuda so far) on a trial basis. If there is enough demand they will offer other issues later. Paper money collectors now have a chance for a numismatic agency on a "use it or lose it" basis. USE IT. The charges are quite modest. A charge of face value (Bermuda dollars are on par with U. S. dollars) plus 24c (2 shillings) for each note purchased. If funds are remitted in other than English pounds, include 60c for bank charges. If full sets of notes ($1-$50) are ordered, you may obtain matched serial numbers. Send your orders with your remittance to Crown Agents Currency Note Sales, St. Nicholas House, Sutton, Surrey, England. (Photographs on Page 52) SIT ItenitiliV it TO"001094 B E RN! [DA GOVT RN M ENT 4 001044 FRIlktpUre WO ION E DOLLAR St B-0— 001044 BERMUDA GOVERN M ENT ,S147,57474.'57.(4S. ,7414T;SWWLATAW4 001011 RPITOWP 170 . IRV :DOLLARS :PROM URUER PPP POPPOP, OP TOP BERMUDA LEOPPLAPUPP 1 001.01 III R D GO\ F 001044 °LIARS SUED UNDER Pit PoPrpos• Or THE fitatittla LE,SLATVSK BERNIL DA UM L RN M 4ticiA,.*.kla=irAvalgaLilainlea,„ TwE IDOL `RS vm IV= :etZu?,%1 L''Z"•?'Z° t`14.Vt 001044 4WWWWWWI BERMUDA GOVERNMENT 001044 E ,EtRD"RTUT ° FTY ID 0 LLA R S OP MHO ME AUTHORITY PIPE BEAKIIPP 4EOISLATUPE 001INOCIUMPIZNXIMZIt R BERMUDA GOVERNMENT BERMUDA GOVERNMENT TEN DOLLAIit, III RMLJDA GOVERNME \ I TWENTY DOLLARS BERMUDA GOVERNMENT FIFTY DOLLARS PAGE 52 Paper Money WHOLE NO. 38 Bermuda, decimal notes WHOLE NO. 38 Paper Money PAGE 53 An Analysis of Silver Certificates, Series 1935-D, in Original Packs By Robert With the processes of printing, numbering and cutting of small-sized currency in 12-subject sheets now a thing of the past, the thought occurred to the writer that new or young collectors might wish an insight into the methods of yesteryear. With that in mind, the writer presents a study from notations made over 12 years ago of three packages or "decks" of 100 new crisp notes as they were obtained from banks in the original bands or wrappers. The decks in question were all found in banks years after they were printed. This came about from the release of Truman administration bills long after the Series 1935-E and 1935-F were in issue. The explana- tion was that they were from the "bottom of the pile" at Fort Knox. As soon as the older block letters appeared in circula- tion, the author visited several banks to procure new decks of 100 crisp notes, all of which bore bands or wrappers dated some time during 1951. They had particular appeal, because it was this series that so long H. Lloyd was subject to large or small hacks. The use of the older large-back plates was continued along with the new small-back plates until the former were worn out. The real zest came from finding a deck with notes of both kinds, thus making it possible to have consecutive pairs with wide and narrow backs. This would appear in the hundred notes at the end of a cut sheet of six, plate letter "F" or "L," and the top note of the following sheet, which would carry check letter "A" or "G." The pairs could be removed from the deck and the balance of the notes returned to circulation. In some cases eight notes were taken out, involving the last note of one sheet, all six of the next, and the first of the third sheet: thus check letters would be "F-A-B-C-D-E-F-A" with the first two and last two check letters representing certificates with wide or narrow backs, as the case might be. In one case, 18 notes were removed from the deck, three cut sheets, with the center sheet being narrow-back notes, while the first and third were wide-backs. The detail of the decks studied is as follows: ONE HUNDRED NEW SILVER CERTIFICATES, SERIES 1935-D, in the original bands or wrappers, date-stamped or pencil dated sometime during 1951. Serial Numbers Check Letters Number Face Plate Back Plate Reverse or Notes M23 589 001 F-6F ABCDEF 6949 4977 Wide Back M23 589 007F-12F ABCDEF 6524 4977 M23 589 013F-18F ABCDEF 6949 4863 M23 589 019F-24F ABCDEF 6468 4980 M23 589 025F-30F ABCDEF 6945 4863 M23 589 031F-36F ABCDEF 6945 4863 M23 589 037F-42F ABCDEF 6945 4980 M23 589 043 F-48F ABCDEF 6468 4980 M23 589 049F-54F ABCDEF 6949 4863 M23 589 055F-60F ABCDEF 6524 4863 M23 589 061F-66F ABCDEF 6949 4863 M23 589 067F-72F ABCDEF 6949 4977 M23 589 073F-78F ABCDEF 6524 4977 Note 1 M23 589 079F-84F ABCDEF 6945 5036 Narrow Back M23 589 085F-90F ABCDEF 6945 5013 Wide Back Note 2 M23 589 091F-96F ABCDEF 6468 5013 M23 589 097F-100F ABCD 6945 5013 Note 1: Certificate Number M23 589 078F, check letter "F" and Certificate Number M23 589 079F check letter "A" comprise a consecutively numbered pair with one wide and one narrow back. Note 2: Serials M23 589 084F and M23 589 085F, check letters "F" and "A," comprise the other pair obtained, the first a narrow back, the second a wide back. Note 3: Only one sheet of narrow back notes was found in the deck. This was the fourteenth sheet, serials M23 589 079F to-084F. See also that the last two and two-thirds sheets numbered were back plate 5013, next to the last number assigned to the wide backs. PAGE 54 Paper Money WHOLE NO. 38 SECOND PACK OF 100 CERTIFICATES, SERIES 1935-D Serial Numbers Check Letters Face Plate Back Plate Notes M24 010 401F-404F I J K L 6007 5019 Narrow Back M24 010 405F-410F GHIJKL 6938 5019 M24 010 411F-416F GHIJKL 6007 5019 M24 010 417F-422F GHIJKL 6938 5019 M24 010 423F-428F GHIJKL 6007 5019 M24 010 429F-434F GHIJKL 6938 5019 *76 934 603B-602B K J 6114 5075 Replaces bad G, H *76 934 600B H 6114 5075 Replaces bad I '76 934 598B L 6722 5052 Replaces bad J M24 010 439F K 6897 4856 Wide Back *76 934 597B K 6722 5052 Narrow Back L" *76 934 596B J 6722 5052 Narrow Back M24 010 442F-445F HIJK 6723 4856 Wide Back '76 934 595B I 6722 5052 Narrow Back "L" M24 010 447F-452F GHIJKL 6938 5019 Note 1 M24 010 453F-458F GHIJKL 6723 4856 Wide Back M24 010 459F-464F GHIJKL 6723 4856 M24 010 465F-470F GHIJKL 6897 4856 M24 010 471F-476F GHIJKL 6938 4856 Note 2 M24 010 477F-480F GHIJ 6897 5019 Narrow Back '76 934 604B L 6114 5075 Replaces bad "K" M24 010 482F L 6897 5019 Note 3 M24 010 483-488F GHIJKL 6007 4856 Wide Back M24 010 489F G 6938 5019 Narrow Back *76 934 594B H 6722 5052 Replaces "H" 6938 M24 010 491F-494F I J K L 6938 5019 *76 934 592B-588B L K J I H 6677 5075 Replaces 95F-99F *76 934 586B L 6722 5075 Replaces M24 010 500F Note 1: Consecutive pair M24 010 452F-M24 010 453F Narrow-Wide. Note 2: Consecutive pair M24 010 476F-M24 010 477F Wide-Narrow. Note 3: Consecutive pair M24 010 482F-M24 010 483F Narrow-Wide. Notice also that the star notes are being "peeled" spoiled, and hence not used. Star -604B was used out from the bottom of the deck, as smart tellers do with of sequence. new notes, so that their numbers regress in the deck as the unspoiled notes progress. Notice also that the serial This was a most interesting deck, causing the writer to numbers of the star notes are not fully consecutive, save out many of the star notes in consecutive runs, as indicating that some of them also were defective or well as the pairs of wide and narrow backs. THIRD PACK OF 100 CERTIFICATES, SERIES 1935-D Serial Numbers Check Letters Face Plate Back Plate Notes M29 734 101F-104F CDEF 6723 4861 Wide Back M29 734 105F-110F ABCDEF 6897 4753 M29 734 111F-116F ABCDEF 6723 4753 M29 734 117F-122F ABCDEF 6897 4753 M29 734 123F-128F ABCDEF 6723 4753 M29 734 129F-134F ABCDEF 6723 4753 M29 734 135F-140F ABCDEF 6897 4753 M29 734 141F-146F ABCDEF 6723 5186 Narrow Back M29 734 147F-152F ABCDEF 6897 4753 Wide Back M29 734 153F-158F ABCDEF 6723 4753 M29 734 159F-164F ABCDEF 6897 4753 M29 734 165F-170F ABCDEF 6723 4753 M29 734 171F-176F ABCDEF 6897 4753 M29 734 177F-182F ABCDEF 6723 5186 Narrow Back M29 734 183F-188F ABCDEF 6897 5186 M29 734 189F-194F ABCDEF 6007 5186 M29 734 195F-200F ABCDEF 6938 4861 Wide Back Note that pairs consecutive, wide and narrow backs, occurred four times in this deck. Thus the reader can see that there was a great deal of numismatic fun in going through the packs of notes to take out desirable numbers. There were cases when star notes could also be retrieved in pairs of wide and narrow backs. The unwanted new currency could al- ways be re-deposited in one's account or placed in use at the nearest plaza. In re-depositing new currency. one should band the hills in bundles of 25 or 50 notes. WHOLE NO. 38 Paper Money PAGE 55 It is not easy for the note collector to obtain desired serial numbers from bank tellers. I have passed out many a cigar to bank tellers with detailed typewritten sheets showing just what numbers or notes were wanted. In most cases a collector is greeted with a stare of incomprehension or downright refusal of a job that seems difficult or suspicious. Actually, it is not that difficult. By observing the top serial number on the face of the deck of new currency, it can easily be determined whether or not the pack contains unusual numbers, repeating digits, many-ciphered serials, etc. Some bank tellers suffer from a high degree of insecurity, and a few banks have ordered tellers to have nothing to do with coin collectors. While I regretted the passing of the male bank teller, I must say that the few women tellers whom I have contacted in regard to currency note varieties seem to comprehend very quickly the nature of the request. Today many of the desirable serial numbers are re- moved from decks by employees in the central banks. This explains why some dealers are able to offer large quantities of low serials, palindromes. etc. The chances of these issues going to rural and branch banks are very small. Our present printing methods involving the 32-subject sheet give a very different pack to the collector. How- ever, one can still hunt for stars, unusual numbers or scarce block numbers. Canadian Bank Notes Becoming Popular By Harry Eisenhauer Jack Veffer, Pres. of the Cdn. Paper Money Society once stated in an article by Mr. Frank Rasky, "My ad- vice to investors who want a hedge against inflation is simple—the best way to make new money is to collect old money." In other words, put money into irreplace- able tangible objects. How true that has proved to be, particularly in the paper money world, as people are beginning to realize there are not so many of the beau- tiful old notes of the world about. Today those colorful, magnificently designed nineteenth century Canadian bills present an opportunity to make up a pictorial history of the development of Canada and, at the same time, can form an investment for the future. Already many of them are hard to get, and I can promise you that they are going to be very much harder to get in the near future. Most are under-catalogued. Catalogue prices are dependent on supply and demand. To give an example. it was just four months ago when I fortunately purchased a Dominion of Canada one dollar note dated July 1st, 1870, in crisp uncirculated condition. To the best of my knowledge, very few exist in this condition. A Toronto dealer who has been in business for a number of years said, when I showed the note to him. that it was the finest specimen he had ever seen. Another lucky find resulted in the purchase of the very rare lilac seal variety bearing signatures and date Mc- Cavour and Saunders July 2nd, 1923, also in crisp un- circulated condition. Only three are known to exist in this state of preservation, and are presently owned by three prominent paper money collectors. The demand for paper money is increasing, and, with the higher standards of living and more money to spend on hobbies, we can expect a snowball reaction for rari- ties. Supply is an interesting aspect. The availability of perhaps most of the chartered bank notes of Canada and the broken banks is unknown. But take a look at the population of Canada in those pioneering days; make reductions for the area in which a particular note served: allow for destruction from fair wear and tear, and for destruction by bankruptcy or absorption by another bank. It is unlikely that any of these banks have left their wares for future generations in any great quantity. Canada in particular is likely to show rapid increase trends. This is because until the nineteen sixties the paper money of Canada was studied by only a handful of men. Articles and information on the history of the notes is only beginning to seep through to the world of collectors. So my advice for a newcomer to the paper money world is to have a go at the Canadian notes while you can. with the forecast that if you leave it even an- other three years you may not be able to collect because of scarcity! All correspondence pertaining to this article should he directed to Harry Eisenhauer, P. 0. Box 84, Oromocto, New Brunswick, Canada. (Editor's Note: Harry Eisenhauer is recognized as one of Canada's leading authorities on Canadian paper money. He is a Fellow of the Royal Numismatic Society, London, a member of the ANA, CNA, ONA, and APNA, as well as being a member of various coin clubs in Canada. He is a life member of the Canadian Paper Money Society and a member of SPMC. Mr. Eisenhauer is founding president of the Fredericton Numismatic Society in New Brunswick, Canada. He is well known for the many varied articles on Canadian paper money which he has written for many leading numismatic publications.) Wanted: Articles on Colonial and Continental Notes SPMC editorial policy is to endeavor to print at least one article dealing with every major collecting field in each issue of PAPER MONEY. Because of the failure of all too many members to share their knowledge through articles, this policy is not always carried out. Most not- able among the missing fields is that of Colonial and Continental currency. With our national Bicentennial celebrations drawing closer, interest in this field will continue to grow. Despite the existence of such an exhaustive work as Eric Newman's Early Paper money of America, there is still room for elaboration on individ- ual notes, issues, characteristics, etc., as well as general introductory surveys. The Editor stands ready to assist potential authors. Please answer this call. b mantazzosta,, maxtenamagre ott.;40.0 Al#1.01,,,a 0 5119: 04-11-1SV 11epos1PigirwitotiotakItearcurecoAfos illmtkas. ••14i'‘Ii,11 r14117N:tolytkl tTit., AliiiiS1C31NOILAZCIL.411 PAGE 56 Paper Money WHOLE NO. 38 The Rare 1882 Denomination Reverse $50 and $100 Notes By Peter Huntoon $50 1882 Denomination Reverse note issued by the Canal-Commercial National Bank of New Orleans, Louisiana. Four great rarities confront the type collector of Na- tional Bank Notes, the First Charter $500 and $1,000 notes and the Second Charter $50 and $100 Denomina- tion Reverse notes. To date, only two •500 and no $1,000 First Charters are known. The story is similar for the "Value Backs." In the case of the First Charter issues, rarity can be attributed to the poor survival rates of the higher denomination notes over the long period since they were issued. However, the last of the 1882 Denomination Reverses were pressed into circulation in the early 1920's, only 50 years ago. Why are they so elusive? The Denomination Reverse $50's and $100's were printed from 50-50-50-100 combination plates; that is, three fifties and one hundred per sheet. These notes could have been issued by any Second Charter bank in existence between June 30, 1915, and April 12, 1922. These dates are respectively 1) the day the Aldrich- Vreeland Act which required the use of Date Back de- signs expired, and 2) the day the Second Charter Period expired. For some reason, the Date Back designs were printed beyond 1915; in fact, the $10, $50 and $100 Date Backs were printed right up until the expiration of the Second Charter Period in 1922. Consequently, most of the banks eligible to use $50 and $100 Denomination Reverse designs continued to issue Date Backs. Printings of $50 and $100 Denomination Reverses did not start until 1919. The first inkling of the rarity of the $50 and $100 Denomination Reverses is reflected by the delivery totals listed in the Annual Reports of the Director of the Bureau of Engraving and Printing: NUMBER OF DENOMINATION FISCAL YEAR REVERSE 50-50-50-100 ENDING JUNE 30 SHEETS DELIVERED 1919 1,400 1920 900 1921 800 Total 3,100 These figures speak for themselves. Only 3,100 hundreds and 9,300 fifties were ever printed! The story is not complete, although it is important to know which banks received these sheets and also how many of the notes were actually issued. Louis Van Belkum III and the writer searched the National Currency and Bond Ledgers for answers to these questions. The results were startling. Exactly two banks had the privilege of issuing these notes, the ...■ree, 10. 40,`Ainapp. 4.444 4444 Ani.th/t/PlAge4dAKA"air ltnvib liras 734 r ,I 3 , /1,4 /44 I ./ pP 4.441 WHOLE NO. 38 Paper Money PAGE 57 sown 41.1.e.• store/MN sm. r 414 .04 44. 24/ /440 • /14 n 4: 4 I 7. „ • to 544. s '17 4744 J4 SG/ 744 ett 11, 1/42.• is 743 710. • f 11'1 • Ill, 7,171 7 t1= 7ff 70 • 7/7 )7C, ▪ 10 711 . 3 • r R, fog ia6 -/ 1..0 C 17 1.17 toil. • 14, III? 11104 /1,S3 4." 4;4 r4bI. a3. 1132 1133", • /1)4 r . ‘0`.4 rQa 4._ .1 I .1,4 1 • In= •E• • a PAM OM 1,3•11 .A44.4 443 .rti, ,if? Wk. . 07_ .n J.f. Aria: . 30. 4444 .41/ a, Eau Yet. lie. 0.E.04,4_4‘e_A z iff,/,,k hl41e7 In= 1 a 43.04 0.1'44 /14404444, *'WW -41,44, If 41 -1/44,40 ,Is 41.1!11.,;/67.. ‘° 1740 frra 4N r. A .31 33 4'3- So jIL /u. .4.7r 47.244 33' 10 F! 2 * 4. 0 43 AC yi 1' 4. /1,0 .. .111/0 - 94- / 1. a . 4, Ito If 14r 4. ip • 4) re ks as 3- 5 , / .. 7 3- 4 '4, If /1 11.4041- • .4. A* .. 41 a ,‘ • Sit • /4' 1-1, I. Allf/At 474 47171 /7t /7; 3 /44% / i.• J'04.41 ro : *5.9so . s v: ::-0 • 44 pi 14 N'' Al"* 10, ATI,: s: 34 .4,3- .44, • i,, 3 : :0, ..t3 ay /n0 s f. rir d• , I/. to ete .A.6 o.‘ , •to ler, Sy , 2o, 4 bt, lo 4. 1,a W .i" 1,r Oy. •0 34 /4 . Jo Jo .r ..o ff $ id ,15- ter 30 HO S 00, 40 /47. 4 ill lx.,4 . .10,I .1;'s.. .. %... G o. '14- It; • 4 g 4;1: .14 if /41'3-'''' ( m.. .7 41 4:1. /4' to r.; . a. /0 - ,4 lo f 11- ..... Aiit "hr. 10 0; .Oag ,0 .5.. Gs 4.r .16" Aye Adc0 /no p, 4 0 I 'N /431 >44 /eon /34 r >63 A page from the National Currency and Bond Ledger for the Canal-Commeicial National Bank of New Orleans, Louisiana. Left column—delivery schedule of sheets from the Bureau; center column—record of sheets issued to the bank; right column—redemption record of notes withdrawn from circulation; box at top center—bond record. Arrow points to shipment containing $50 note serial 980 shown with this article. Winters National Bank of Dayton, Ohio (Charter 2604) and the Canal-Commercial National Bank of New Orleans, Louisiana ( Charter 5649) . The ledgers for these banks provide a complete delivery schedule of the 3,100 sheets to the Comptroller from the Bureau. DELIVERY DATE SHEET SERIALS Winters National Bank Feb. 11, 1919 1-1000 Feb. 12, 1919 1001-1400 May 18, 1919 1401-1800 Canal-Commercial National Bank Oct. 14, 1919 1-500 Aug. 5, 1920 501-900 Oct. 4, 1920 901-1300 The Winters National Bank received all of its 1,800 sheets, but the Canal-Commercial got only 1,057 sheets. The remaining 243 New Orleans sheets were cancelled. This leaves a total issue of only 8,571 fifties and 2,857 hundreds. The Comptroller shipped sheet number 1 to the Winters National Bank on May 21, 1919, and sheet 1,800 on August 25, 1921. It is impossible to tell when the first of these came in for redemption. The Winters hank issued both 1882 Brown and Date Back $50's and $100's before going on to the Value Backs and the redemption records do not differentiate by type. In the case of the New Orleans bank, the Comptroller sent sheet 1 on October 23, 1919, and sheet 1057 on December 13, 1920. As these were the first $50's and $100's issued by the hank, it is possible to tell when they started coming in for redemption. The first $50's showed up on February 7, 1920, and two $100's came in on February 24, 1920. Notice that these notes only lasted in circulation four months. Others came in continuously after this time. The Winter's National Bank simultaneously issued $5, $10, $20, $50, and $100 Denomination Reverse notes in the 1919 to 1921 period to maintain its circulation of $1,000,000. On the other hand, the Canal-Commercial National Bank issued $5, $10 and $20 Denomination Reverse notes until October 23, 1919, when the Comp- troller's supply of these denominations was depleted. From that date on, the bank issued only $50 and 5100 notes. The circulation of the bank remained constant at $300,000 until September 29, 1920. Consequently, the $50's and $100's issued during this period were all Paper Money WHOLE NO. 38PACE 58 replacements for smaller denominations redeemed from circulation. On September 29, 1920, and again on November 2. 1920, the bank purchased $50,000 in addi- tional bonds to secure its circulation. See the box at the top of the ledger sheet for these entries. Each time, two hundred 50-50-50-100 sheets were delivered by the Comptroller to cover these purchases. The note shown with this article was part of the second $50,000 shipment of November 2, 1920, which included sheets 807 to 1,006. This shipment is indicated by an ar- row pointing to an entry in the second column of the ledger. During December of 1920, the Canal-Commercial Na- tional Bank renewed its charter and entered the Third Charter Period. Up until that time only 1,057 sheets of 1882 Denomination Back $50's and $100's had been is- sued, so the remaining sheets, serial 1058 to 1300, were cancelled by the Comptroller and burned. See the first column of the ledger for these entries. It is interesting to point out that the New Orleans bank was liquidated on January 6, 1921, only a half month after its charter was extended. By this time, 500 sheets of Third Charter 50-50-50-100 Blue Seal Plain Back notes had been delivered to the Comptroller. See the last three entries in column 1 of the ledger. Of these, exactly 17 sheets were issued to the bank as shown at the bottom of column 2. Consequently, the 1902 $50's and $100's are much scarcer than the rare Denomination Reverse issues for this bank! One wonders if any sur- vived. 1+ LO IDA MA l'11-4, IAI FLORIDA NATIONALS LARGE & SMALL FLORIDA 0 It SOLETES WARREN HENDERSON P. 0. Box 1358, Venice, Fla. 33595 The Known Notes The writer has verified the existence of the following $50 and $100 Denomination Reverse notes: BROK 1-1,N ANK Denomination Bank Bank Serial Owner $50 Dayton 1428 Federal Reserve Bank of Chicago $50 New Orleans 220 Amon Carter, Jr. $50 New Orleans 783 M. Perlmutter $50 New Orleans 980 Peter Huntoon $100 Dayton 453 Federal Reserve Bank of Chicago It is possible that a couple more of these notes exist and they may eventually turn up. Notice that two of the five known copies, including the only known $100, :reside in the Federal Reserve Bank of Chicago and will never grace a private collection! REFERENCES Friedberg, R. (1968) Paper Money of the United States, 6th ed: Coin and Currency Institute, Inc., p. 226-227. Kreisberg, A. and Schulman, H.M.F., (1965) Public Auc- tion, Lot 967: Waldorf-Astoria Hotel, N. Y., March 11, 12, 13, 1965. U.S. Treasury Department (1919-1921) Annual Reports of the Director of the Bureau of Engraving and Print- ing: U.S. Government Printing Office. U.S. Treasury Department (1915-1922) The Comptroller of the Currency, National Currency and Bond Ledgers: U.S. National Archives. AND CONIF IFI,DERATE NOT IH:S READY TO SERVE YOU, WHETHER BUYING OR SELLING PHOENIX ASSOCIATES A.N.A. S.P.M.C. Post Office Box 314, Pawtucket, R. I. 02862 WHOLE NO. 38 Paper Money PAGE 59 John W. Eddy - From Early Frontier Mining By Harry G. Wigington Banking to John W. Eddy was born on December 4, 1835, in Ashtabula County, Ohio. When he was eight years of age, his mother died, leaving him in the sole care of his father, who was a school teacher. He and his father were often visited by P. R. Spencer, author of the Spen- cerian system of penmanship. Spencer and young Eddy became fast and close friends, and Eddy studied closely the system by which Spencer had become famous. After several years of teaching in the local schools, he also had acquired a good ability and talent in the Spencerian system and taught in the evenings to earn extra funds to put himself into college. Despite all his efforts, holding down the two positions he had to take on extra chores of cutting wood to pay his way through the last term at Hiram College, Ohio. During his studies at Hiram College, he boarded in the home of one Mr. Randolph, whose daughter helped operate the boarding home. She later became the wife of president Garfield. Forced by the lack of funds to leave the school after the following fall session, he walked back to his home and again took up the only profession he knew—teaching. At the young ag, of 20, after a year of teaching, he set out for Albany. There he lived with his sister, who had earlier moved to Albany with her aunt, Mrs. James D. Wasson. Mr. Wasson was a partner with Daniel Butterfield of Utica, N. Y., and together they had founded the American Express Co. Young Eddy con- tinued his studies, especially in the areas of chemistry and related subjects. His interests expanded, and he became well read in literary works and poetry. When the Young Men's Association of Albany offered a gold medal for the best national song for the Fourth of July celebration of 1863, Eddy's song was given first prize. In 1859, he moved to St. Louis to become a book- keeper in a large commission house, and at the end of a year he was invited to take a position with the St. Louis Building and Saving Association, which later became the Bank of Commerce. He accepted the position, planning to take the offer to become Cashier of the Association. However, due to a health condition, he was forced to move from the St. Louis area and give up the position after working for the firm only several months. Returning to Albany, he worked for several firms, and in 1863, he was employed as a bookkeeper in the firm of Edson & Company. In February, 1864, he went to New York City and became Cashier in the Culver, Penn & Company's Bank. In the fall of 1864, the firm established the Oil City Bank, in Oil City, Pennsylvania, and Eddy was made its cashier. While in Oil City, he was active in the establishment of several civic and church organizations. His business knowledge and activities made the bank and the community prosper. In the spring of 1866, he returned to New York. But Culver, Penn & Company, like many others, was sus- pended and suffered heavy losses. These losses also affected Eddy. He was released from his employment and suffered personal financial losses. Out of employment, and favoring an old urge, he took up mining courses in assaying at the Columbia School of Mines and then spent three months working in the copper mines of Lake Superior. In December, 1866, he was offered a position as secretary of the Western Insurance Company of St. Louis and went to work in that office. In the spring of 1867, he accepted the manage- ment of his old friend's firm and former employer, Edson & Company. He worked in this position for two years until they dissolved; he was offered a position with the newly formed firm of Franklin, Edson & Com- pany but declined. For the next eight years, he worked in New York City, engaged in a brokerage business. He also took up singing, and having a favorable voice, was able to augment his income by giving concerts, receiving Paper Money WHOLE NO. 38PAGE 60 It.titlt Ni) 140 Ft) Yo. /4'7 eV, 1. -7; • I . 4 • 1. ...1 --- 'lItlit I t 0 tili t 1 ---,.....„ ----,:k tv ‘ - 4 )1/4 0 . ow "' et.. .... % -1•/..0 it --- I .....i.F.1•4,-.1 '4.1:N. _..... id (77 (.:- .,r ,111) = e'-‘44• -", - 'TTIE:f) I I BANIi Notes signed by Eddy and a check made payable to him up to $800 per year for them. He also relied on his literary and poetry talents and wrote a number of pieces which were published. Deciding to venture westward in early 1877. he reached Montana on March 27, 1877. He was sent as auditor of the Montana Company, which had property in Wickes, Montana Territory. In the fall of 1878, he moved to Helena, making his home in that city. He married Evelyn M. Harvey, on June 12. 1879. During the summer of 1879, he became a correspondent of the Mining Record of New York, agent of the New York Life Insurance Company. and dealer in mines and mining properties. For several years he prepared statistic, the production of gold and silver in Montana for the use of the Director of the Mint. The Review of Mining Interest in Montana in 1882 was prepared by Eddy. under the direction of R. B. Harrison and published in Director of Mint Burchard's Report of 1882. Harrison was the Chief Assayer in the Helena Assay Office and also son of the future President Benjamin Harrison. Both men became friends and associates in several min- ing ventures. During the city elections in Helena of 1883. Eddy was elected Police Magistrate. running as a Republican, gaining 582 votes over his opponent W. D. Smith, who had 452 votes. WHOLE NO. 38 Paper Money PAGE 61 Researching Eddy's background gives us some inter- esting data on the Oil City Bank. It appears to have been formed about October, 1864, and operated until about March, 1866. It suffered the same fate which befell many banks of that period. Financial pressures finally took their toll, forcing the parent bank of Culver. Penn and Company to close, with the Oil City Bank shortly following suit. Pictured are two Oil City notes signed by John W. Eddy (signature shown as Jno. W. Eddy—Jno. was frequently written for John during this period). The $5 and $20 notes were en- graved by the American Bank Note Company and have printed reverses; they were part of an initial issue dated September 15, 1864. This initial and only issue of that date was in denominations of $1-2-5-10-20-50-100-500- 1000. Eddy's Spencerian signature style is very evident on these notes, as well as in the lithographic picture with his facsimile signature. This picture was taken from Michael Leeson's History of Montana, circa 1885. By 1885, Eddy had become a prominent citizen of Helena and the surrounding mining districts. Also shown is a check payable to Jno. W. Eddy from R. B. Harrison, dated May 23. 1883, drawn on the First National Bank of Helena. This was the first National Bank to be chartered in Montana Territory, opening its doors in June, 1866. The bank was organized and char- tered on April 5, 1866, and operated until September 11, 1896, when a fall in the silver market forced it to cease operations. The history and background of this man spans across 2,000 miles from the early oil wells in Pennsylvania to the gold rich mines and gulches of Montana. In 1885, the Helena City Directory listed Eddy as Attorney-at-Law. Each year until 1907 he was listed as an attorney and as having mining interests. He was a most versatile man with many talents. In the 1908 Helena City Directory he had no listing, only a listing for Mrs. John W. Eddy (Wid.-John W.). This would indicate that he died some- time in 1907, at the age of 72. One mystery remains: city directories from 1896 to 1908 list his wife as Nora B. Eddy, whereas in 1885, his biography showed him marrying Evelyn M. Harvey. No information has been found to show a divorce, his first wife's death or a sub- sequent marriage. REFERENCES History of Montana, Michael A. Leeson (1885) Banking in Montana 1864 to 1964, Clarency Groth (1964) Various Montana Newspapers and Helena City Directories from 1884 to 1910 Call for Annual Meeting The 11th annual meeting of the Society of Paper Money Collectors will be held on August 13, 1971, at the Jefferson Room of the Washington Hilton Hotel, Wash- ington, D. C. As required in our By-laws, it is being held in conjunction with the Annual Convention of the American Numismatic Association. We have an agreement with the Token & Medal Society whereby we alternate in having dinner or luncheon meet- ings. Since we had a luncheon meeting last year in St. Louis, it is our turn for a dinner meeting in Washing- ton. Dinner is scheduled for 6:30, preceded by a dutch treat social hour. Five members of the Board of Governors will be elected and there will be some other business items on the agenda, but the Meeting will be largely a social oc- casion for members with an interesting short address by a prominent figure in the paper money world. There will be a business meeting of the newly elected Board immediately following the dinner; all officers should be present. The Society has also reserved the Chevy Chase Room from Tuesday, August 11th. through Saturday, the 14th, as a hospitality room. Tickets for the dinner, at $7.50 each including tax and gratuity, may be purchased by mail prior to August 1st from Treasurer M. Owen Warns, P. 0. Box 1840, Milwaukee, Wis. 53201. Please make remittance payable to SPMC. At the convention tickets may be purchased from Mr. Warns or dealer-members in the bourse room at least 48 hours in advance. This is our only gathering of the year, so please attend if at all possible. Visit your friends; make known your ideas about the Society; show support of your officers. Nominations Report In accordance with Article III, Section 3a, of the By- laws of the Society, as amended in February 1968, this Committee nominates the following five members to serve as members of the Board of Governors for three-year terms: Maurice M. Gould, David A. Hakes, Brent H. Hughes, Charles O'Donnell, and Glenn B. Smedley. Other nominations may be made as provided by the By-laws. The election will take place at the Society's annual meeting on August 13, 1971, in the Washington Hilton Hotel, Washington, D. C. The five Governors elected there and the following ten hold-over Governors will constitute the 1971-72 Board of Governors; Thomas C. Bain, Vernon L. Brown, Forrest W. Daniel, Nathan Goldstein II , William J. Harrison, Richard T. Hoober. Robert E. Medlar. J. Roy Pennell, Jr., George W. Wait and M. Owen Warns. THOMAS C. BAIN WILLIAM J. HARRISON GEORGE W. WAIT, Chairman 1\oonanmernailseetafie A X. A-4.4........A.,........r- 1.19111.: , PAGE 62 Paper Money WHOLE NO. 38 Choosing Type Faces For National Bank Titles By William A. Philpott, jr. Under the U. S. National Banking Act, which became law in 1863, bank organizers have possessed several beneficial privileges. First, each group has the power to select the corporate name of its hank. The only re- strictive clause provides that the word "National" must be used in the institution's title. Accordingly, national banks of this nation, numbering a grand total of approximately 15,000 from 1863 to 1970, display a manifold set of corporate names. as fanciful as they are varied. Appearing in the titles are the town's name, the county designation, the name of the state and nation, family names, points of the compass and geo- graphic areas, chief products of the hank's region, et cetera, et cetera—many times only representing whims and fancies of the organizers. FIG. 1. The, engraver's old English; National, New York, bold litho; pay line, five dollars, New York, engraver's bold, shadowed and reversed. FIG. 2. The, engraver's old English; National Shawmut, engraver's bold, curved; bank of, five dollars, Massachu- setts, engraver's bold; Boston, will pay, engraver's bold, extended shadowed and reversed. Hence, nationally chartered banks have names such as Iron Mountain National, Livestock National, Farmers National, Citizens National. Spring Falls National, Peo- ples National, Three Rivers National, Adams National, FIG. 3. The, engraver's old English; National, Bank of Commerce, St. Louis, will pay, engraver's bold which has been reversed on shaded background; five dollars, Mis- souri, reversed and shadow added to engraver's bold. FIG. 4. The, engraver's bold; all the rest of lettering shad- owed and reversed, engraver's bold; five dollars, engrav- er's shaded. FIG. 5. The, bold italics, reversed; Hanover, engraver's bold; National Bank, shaded old English, curved; City of New York, engraver's bold italics; five dollars, shaded ital- ics; New York, bold italics, curved line. Jackson National, and so on. The First Nationals top the list and number in the hundreds. Second Na- tionals and Third Nationals are common. And there are several Fourth, Fifth, Sixth, Seventh, and Eighth National Banks. Dallas had a Ninth National Bank (charter #4415). But New York City seems to top the list with its Tenth National Bank ( charter #307). So, there is a tremendous amount of variety in the corporate titles of national banks. Numerous collectors y1110.0) --- nigh' rill tk, I V414.in• Troy VON ntlVPV EWA P•0311 1Ttlitshi "r,/ • IC r,,-,—,'"',.." -i E 65Q\ \ k. UNITED STAIEN, sumaxam 1971 V./AIWA lift 721- 8111.1164447----1--,'Taw„.1,.441ani, A „ .911,11:4W erzvi..; FIG. 11. The, old English; Manufacturer's bold with shad- ow and curve; National Bank, engraver's shaded; Troy and five dollars, outline face, resembling rustic; New York, bold italics, curved. Bertha, Charlotte, Cynthiana, Edna, Flora, Florence, Grace, Helena, Ionia, Louisa, Marion, Selma, Sharon, Viola, Virginia, and Winona. Included also were notes from these towns with mascu- line names: Adrian, Anthony, Arthur, Barry, Cicero, Earle, Everett, Frederick, Henry, Homer, Howard. Jer- ome, Lawrence, Leon, Leslie, Lewis, Lynn, Robert, Roy, Rupert, Sidney, Sylvester, and Vernon. ateINNIWkr 42s.4 ..$3,24?.taiiii • -4- • — EIHOLA 44rivi•med.. Wje-br ,f4'/Atit6 '1604. • WHOLE NO. 38 Paper Money PAGE 63 FIG. 6. The, bold italics reversed; First, bold italics, curved with shadow added; National Bank, engraver's shaded; Cleveland, bold with shadow; five dollars, Ohio, bold with shadow, slightly curved. FIG. 7. The, American Exchange, bold with shadow; Na- tional Bank, litho Roman; Ncw York City, engrav2r's bold with shadow; five dollars, curved bold, with southern cross effect added. FIG. 9. The, old English, shaded; National Bank, shaded face; Newburgh, engraver's bold, caps and lower case shaded; five dollars, variation of Tucson ornate and Jim Crow; New York, bold with shadow and slightly curved. FIG. 10. The, old English, shaded; Citizens, bold caps and lower case shadow; National Bank, engraver's shaded in double curve; Sedalia, variation of italics, curved and shaded; five dollars, bold reversed with shadow; Missouri, bold italics, curved and shaded. FIG. 8. The, bold reversed with shadow; Ohio Valley, old English; National Bank, old English reversed; Cincinnati, engraver's bold; will pay, two curves bold reversed; five dollars, bold with flourishes. have chosen the variant-name path: families, tradesmen, geographic, Indian, Western, unusual town and city names, and the like. In my heyday I collected towns with women's names from Ada. Oklahoma, to Xenia, Illinois; and men's names from Albert, Wisconsin, to Wesley, Ohio. Included in my collection were notes from towns with these feminine names: Adel, Augusta, Anna, Alma, PAGE 64 Paper Money WHOLE NO. 38 FIG. 12. The, bold reversed; bank's name, engraver's bold, with italics and shadow, in curves to fit; five dollars, engraver's bold, reversed and shadow added; Indiana, bold italics curved. This is the rarest brown back signature: Rosecrans-Morgan. There are many unusual names of towns for which there is no accounting: Half Moon Bay, California; Love- land, Colorado; Winter Haven, Florida; Mountainhome, Idaho; What Cheer, Iowa; Storm Lake, Iowa; Rising Sun and Sleepy Eye, Minnesota; and Horse Cave and Rising Star, Kentucky. Also, notes can be found from towns representing all the U. S. presidents from Washington to Eisenhower. Two of the difficult ones are Taft and Coolidge, Texas. Also, there are many towns, generally small, with ab- stract names supporting banks: Bath, Hope, Noble, Liber- ty, Freedom, Sweet Life, and the like—including two in Pennsylvania whose names border on the pornographic. Cashiers and presidents of U. S. national banks, during the national currency era (1863 to 1935), had one re- sponsibility unknown to modern bank officials. The wording and typographical layout of the bank's title, for use on the institution's currency, was chosen by the bank's officers. The Comptroller's office submitted about 70 different arrangements of bank-title wordings and varying type faces from which the officers could make a choice. This little story, therefore, will be devoted to varia- tions found in the name-town typographical set-up found on the $5, brown back notes, series of 1882. This series is spectacular in its many variants, although all other series and issues of national currency have considerable differences in type faces and word arrangements. To illustrate variations on the $5 brown back series, 12 photographs are shown, each with its description. The "pay" phrase has several variants: blank hank will pay the bearer on demand; will pay five dollars to bearer on demand; on demand will pay to bearer five dollars; and will pay to the bearer on demand. This pay line is straight, or curved, or broken to allow the words "five dollars" to come between bearer and on demand. The $5 brown back displayed the signatures of Regis- ter and Treasurer in "double-deck" (through four signa- tures) and in one straight line. Register to left, Treasurer to right. The signatures, double-decked, at the left, fac- ing Garfield's nose, were: Bruce-Gilfillan, Bruce-Wyman, Bruce-Jordan, and Rosecrans-Jordan. These signatures also appear in a straight line, across the notes. Rose- crans-Hyatt through Vernon-Treat appear only in straight line formation. These notes are uniform in showing the bank's charter number in seven places on each note's face: the large- size block letters in brown (over-print) ; large orna- mental digits behind Garfield's neck; and on the rim of the obverse plate, twice at top, twice at bottom, and once at right end. The rim-digits are of two types: white figures over black background (reverse), and black digits over black background I difficult to see). In my opinion the black digits on black background were first issued, then discontinued when the illegibility was dis- covered. On the double-deck signatures shown herewith (Figs. 9, 11, 5, 6), the "Bureau of Engraving and Printing" appears in a small white space, high top, to the right. It also appears on Fig. 8, with signatures in straight line. On all the other notes shown here, the small space re- mains white. The overprint charter numbers are fairly uniform in their position: upper right, immediately to right of the words United States. The seal position is practically uniform, although I have seen them much nearer the center of the notes, often covering the right lower portion of the title layout. Plates for the brown back $5 were "stock," that is, usable for all banks in all states: with two holes in re- verse, for large digit charter number, and small hole (to left), for State's seals; the obverse was stock with a hole for the bank's title, and little holes on the border for charter numbers. Brown back notes, all denominations, in the great majority, were manually signed by bank officials. Par- ticularly is this true with notes from banks in smaller cities and towns. Institutions with large circulations issued notes with lithographed and engraved signatures. Very small banks had assistant cashiers and vice-presi- dents sign by hand, an "a" designating an assistant cashier, and a "v" for vice-president. An autograph on a piece of national currency enhances the value of the item considerably. WHOLE NO. 38 Paper Money PAGE 65 The 1942 Issue of Federal Reserve Bank Notes By Bob All current references on small-size United States cur- rency suggest that the 1929 series of Federal Reserve Bank Notes was issued only between March, 1933 and July, 1935. While it is true that the notes, in denomina- tions of five, ten, twenty, fifty and one hundred dollars were printed between March, 1933 and December, 1933, only about one-third of the dollar value was issued in the 1933-1935 period. The other two-thirds was issued as an emergency measure in December, 1942. Federal Reserve Bank Notes have traditionally been issued during periods of monetary crisis in this country. The large-size series 1915 and 1918 were used to com- pensate for the outflow of silver prior to and during World War I. The 1933 issue was authorized to cope with the anticipated cash needs after the 1933 Bank Holiday. The 1942 issue was utilized as an economy measure to save the Federal Reserve Banks the cost of printing additional currency to satisfy the heavy demand created by the onset of World War II. While the large- size notes were printed from specially engraved plates, the small-size Federal Reserve Bank Notes were truly reflective of their emergency nature, being printed from National Bank Note plates, with additional logotype overprints added to indicate the altered obligation in- volved. Statistically, about $360 million worth of Federal Reserve Bank Notes was issued in 1933; and the re- mainder printed, about $660 million worth. in 1942. The officials of the Federal Reserve System hit upon the idea of using the remainder of the "Brown Seals" that were in their vaults in order to economize on costs of printing. Table I.. from the Encyclopedia of Banking and Finance, shows the jump in circulation of Federal Reserve Bank Notes between 1940 and 1950: Table I. Federal Reserve Bank Notes in circulation: 1940 $21,000,000 1950 $375,000,000 Legally, the notes issued in 1942 had the same standing as Federal Reserve Notes, being charged directly as obligations of the Federal Reserve System. Unlike the 1933 issue, no government bonds were specially author- ized to back their issue, and commercial paper did not limit their issuance. Thus, the 1929 notes issued in 1942 had the same backing as the 1934 and 1934A Federal Reserve Notes issued contemporaneously. Some members of Congress were incensed at the Federal Reserve System's use of the 1929 notes, appar- (Continued from Page 64) A study of the type-face information, furnished for each picture, will be rewarding, particularly for those with a tinge of "printery" in their blood. McCurdy ently because they did not understand that the notes were a "printing" substitution rather than an "obligation" substitution as in 1933. The dissenting legislators wanted the Federal Reserve Banks to buy bonds to back the issued notes, as the obligation thereon printed indicated, and a lengthy debate ensued before they were placated. From the numismatic's point of view, the late emana- tion of the 1929 series of Federal Reserve Bank Notes in 1942 would seem to indicate that these notes are not as scarce as imagined, especially in the higher denomina- tions. Based on the figures given us in Robert Lloyd's excellent monograph on the subject of Federal Reserve Bank Notes, p. 6, a table of approximate percentages issued in the two periods can be derived: Table II. Federal Reserve Bank Notes, series 1929, Issued (Percentages approximate) Denomination: in 1933: in 1942: $ 5.00 51% 49% 10.00 36% 64% 20.00 32% 68% 50.00 14% 86% 100.00 21% 79% Obviously, most of the fives were issued during the depression, which accounts for their relative scarcity today: but the other four denominations had the hulk of their printing issued in the war years. It thus be- comes apparent why one still encounters occasional Federal Reserve Bank Notes in circulation. Current availability and market prices indicate that the 1929 series is not particularly scarce. Compare the Hawaii emergency issue, circulated at the same time as the 1942 issue of Federal Reserve Bank Notes, but out- side the continental United States. The 1929 $20.00 St. Louis note, with a printing of 444,000, sells for about $65.00 in crisp uncirculated condition; while the 1934 Hawaii $20.00 note, with a printing of more than twice that amount, sells for $650.00. While the demand plays a large part in the price, the greater availability of the domestically-issued notes is a more important factor. The collector seeking the rarer issues would there- fore be better directed to the $5.00 notes in this series. and the collector seeking a note from every district should be able to find a twenty from each bank without too much difficulty and at a nominal cost above face value. REFERENCES : The Congressional Record 1943, pp. 544-547. The Encyclopedia of Banking and Finance, p. 756. Lloyd, Robert H., "National Bank Notes; Federal Reserve Bank Notes; Federal Reserve Notes 1928-1950," The Coin Collector's Journal, Jan.-Feb. 1953 pp. 5-6. Tainter, John S., "History of the Types of United States Paper Currency," The Numismatist, Aug. 1953. PAGE 66 Paper Money WHOLE NO. 38 Progress Report on Obsolete Note Lists By Richard T. Hoober Considerable progress has been made relative to the obsolete note project being undertaken by your Society, but much remains to be done to make the various state listings virtually complete. Anyone having data, descrip- tions of notes or scrip, or other pertinent information for any particular state are urged to contact the following chief researchers: Connecticut, Albert I. Donn; District of Columbia, Brent H. Hughes: Idaho, Harry W. Wig- ington; Iowa, Lewis K. Ferguson; Maine, George W. Wait; Maryland, Dr. Leonard M. Rothstein; Massachu- setts, Maurice M. Gould; Missouri, Eric P. Newman; Montana, Harry W. Wigington; New Hampshire, Wayne S. Rich; New Jersey, Franklin B. Tucker: New York, John J. Guevrekian: Ohio, Russell Rulau; Oregon, Wayne Johnson; Pennsylvania, Richard T. Hoober; Tennessee, Paul Garland; Washington, Wayne Johnson; Wisconsin, Chester Krause; Rhode Island, Richard J. Balbaton; Delaware, Terry A. Bryan; Kentucky, Earl Hughes; Arkansas, Matt Rothert. Addresses for the above may be found in the recently released directory, or by contacting Richard T. Hoober, P. 0. Box 196, Newfoundland, Penn. 18445, for further information. Some few manuscripts are finished, but there are a few vacancies where researchers are needed: Louisiana, Georgia, North Carolina and South Carolina. Also, due to the continuing scarcity of funds to advance the project, each member's purchase of one or both of the books already published, covering the obsolete notes and scrip of Florida and Texas, would greatly aid us to quickly have another volume printed. Those research- ers who are having their state listings published in- dependently are conforming to our basic format as to size and arrangement, as in the case of Virginia, Nebraska, and the earlier work on Michigan, by Harold L. Bowen. Your assistance is urgently requested to help further this most important project covering, as it does, the long-neglected period of our nation's monetary history—nearly one hundred years, beginning immediate- ly after the Confederation of the States and the founding of the Bank of North America in 1781 to well beyond the cessation of the Civil War. Any assistance or suggestions for expediting this work will be greatly appreciated by your Society and by every- one working for the success of the project. The Story of the Donlon Collection The recent announcement that the Wm. P. Donlon research and personal collection. 40 years in the making, has been dispersed via a mail bid sale has evoked many reminiscences about the "good old days" of paper money collecting. Mr. Donlon's first recorded currency pur- chase was made from Abe Kosoff in New York in 1931. Tom Elder, Stack's, John Zug, F. K. Saab, Wayte Ray- mond and Aubrey Bebee also supplied other early acquisitions. Mr. Donlon's personal visit to the home of A. A. Grinnell in Detroit resulted in the transfer of other items to his collection. His personal attendance at all seven of the famous Grinnell auction sales conducted by Barny Bluestone in Syracuse, N. Y., enabled him to buy still more choice notes to the collection. The first sale was held Nov. 25, 1944, and the final sale Nov. 30, 1946. Only six or seven bidders personally attended any one of these seven sales. Attending one or more sales were Fred C. Boyd, James W. Wade, Richard Saffin, Harley Freeman and Herman Crofoot. Personal visits to Aubrey Bebee, then in Chicago, and to Robert Friedberg in New York helped Mr. Donlon fill some of the "holes" in the grow- ing collection. (The first black Charter National Bank Note was purchased from F. K. Saab in Chicago in 1946.) By 1956, the combined coin and paper money col- lection had grown to a considerable size. Included was a complete set of U. S. proof coins covering the 100- year period, 1856 to 1956, which had won a few prizes when exhibited. As Mr. Donlon reached the age of 65, he gave thought to disposing of the entire coin collection. Abe Kosoff heard rumors that this would happen, made a flying trip from California to Utica, N. Y., and the next day returned home with two coin-laden bags, leaving behind a few boxes for shipment. Mr. Kosoff issued a beautiful catalog of what he called "The Blue Ribbon Collection". The four-session sale held in Beverly Hills in November 1956 at the Golden. berg Galleries was well attended by bidders from coast to coast. As Abe had prophesied, it established new records arid to interest all types of bidders, many lots of U. S. paper money were included. Upon Mr. Donlon's partial retirement from active business in 1958, his very fascinating hobby became a part-time business. A full-page offering of U. S. paper money in The Numismatist brought inquiries, and sub- sequent monthly full-page announcements continued to bring inquiries and customers. In 1961, withdrawal from all other business activities permitted full time attention to the buying and selling and study of U. S. paper money. During the early years of dealing, several transfers were made from the personal collection to the business inventory. This practice was discontinued several years ago, and the collection has reposed in a bank vault untouched except for research and to obtain notes for illustrations in the Donlon catalogs of U. S. large and small size paper money as well as the Whitman Guide Book of Modern United States Currency. The Donlon business of buying and selling U. S. paper money will continue for the foreseeable future. The personal collection could have been sold by adding to the business inventory. The present method of distribution was decided upon to give all an equal opportunity to obtain some of these choice items. WHOLE NO. 38 Paper Money PAGE 67 SECRETARY'S REPORT New Membership Roster No. 2971 2972 2973 2974 2975 2976 2977 2978 2979 2980 2981 2982 2983 2984 2985 2986 2987 2988 2989 2990 2991 2992 2993 2994 2995 2996 2997 2998 2999 3000 3001 3002 3003 3004 3005 3006 3007 C C, D C C C C, D C C C C, D C C C C C C C, D C C C C C, D C C C C D C C C C C C C C C New Members R. T. Feathers, 9 Hancock Road, Fairhope, Ala. 36532 James C. Vosburgh, 405 Park St. Upper Montclair, N.J. 07043 Patrick Mounier, 135 Broad .vay, China, Texas 77613 Don L. Roddy, 1141 Dooley Drive, Charlotte, N.C. 28212 Warren H. Burnside, P.O. Box 7, Bridgeport, W. Va. 26330 David Beatty, RR #2, Box 173, Worthington, Ind. 47471 John R. Palm, Rt 4, Box 81, Wayzata, Minn. 55391 Karl H. Lucas, 644 High St., Wellsburg, W. Va. 26070 Mark R. Jones, 104 Briarcliffe Road, Cheektowaga, N.Y. 14225 Claude M. Monteiro, 4615 W. Franklin St., Rich- mond, Va. 23226 Frank Yangl, Rt. 3, Box 121, Sheridan, Ark. 72150 Ivan Heebner, Freed Road, Mainland, Pa. 19451 Jeffrey L. Ferrand, 1401 Glen Ave. Ext'd., Salis- bury, Md. 21801 William J. Pleasant, Jr., 5935 Westmore Drive, Jackson, Miss. 39206 Ryan F. Lakin, 2503 Meade Circle, Colorado Springs, Colo. 80907 Bartloff Kosrofian, 1205 Chestnut St., Newton Upper Falls, Mass. 02164 Zvi H. Siew, P.O. Box 541, Tel-Aviv, Israel Alfredo Duarte Figueredo, Apartado (P.O. Box) 60.885, Caracas 106, Venezuela William L. Gregory, 8 Larkin St., Randolph. N.Y. 14772 William C. Henderson, 1229 North Union Blvd., Colorado Springs, Colo. 80909 Patricia Jo Clonan, 5247 Carnegie St., Pittsburg, Pa. 15201 Samuel C. Wheeler, 8 Mountain Road, Seymour, Conn. 06483 Ernest De Crescenzo, '%Edward R. Landers, P.O. Box 413, Latham, N.Y. 12110 Al. Laubsch, P.O. Box 321 Vineland, N.J. 08360 Kenneth M. Chapman, 602 S. Franklin, Farming- ton, Mo. 63640 R. J. Goodyear, 509 W. Queen St., Inglewood, Calif. 90301 Robert L. Chandler, III, 644 Vanderbrooke Rd., Charlotte, N.C. 28215 Lawrence S. Goldberg, Superior Stamp & Coin Co., Inc., 517 West 7th St., Los Angeles, Calif 90014 Russell Rulau, 520 North Ohio Ave., Sidney, Ohio 45365 Elliot E. Thomas, 6331 S.W. 34th St., Miramar, Fla. 33023 Michael Ozimek, Jr., 57 Glendale Ave., Albany, N.Y. 12208 Bud Bourell, 68 Veazie St., North Adams, Mass. 01247 Pat J. McMahon, Jr., 6419 Overdale, Houston, Texas 77017 Nelson Page Aspen, M.D., 1210 Green Hill Ave., West Chester, Pa. 19380 Thom Lee Dixon, P.O. Box 234, Chesterton, Ind. 46304 Gilbert A. Knueppel, 8432 W. Ryan Rd., Franklin, Wis. 53132 Dr. Bozidar Pokrajcic, Asciluk 1/1, Sarajevo, Yugosalvia Specialty National Bank Notes, Silver Certificates, unusual serial nos. Blocks; low and unusual serial nos. $1 notes-radars, label sets, errors, 3-4-5-6 same last ending numbers. U. S. large and small size National Cur- rency U. S. small size note—F.R.N. & Silver Certificates National Bank Notes—large and small size U. S. Fractional Currency, Confederate, obsolete notes General—Silver Certificates U. S. Confederate, broken bank notes U. S. large size notes General—foreign and U. S. Mississippi bank notes Colorado & Iowa large size National Bank Notes U. S. large and small size notes Latin American countries Silver Certificates Western U. S. items—currency and checks Silver Certificates Canada ; National Currency of Conn. Legal Tenders; Silver Certificates All U. S. National Currency Israel $1 Federal Reserve Notes Alabama, Ohio, Montana; China and Ger- many U. S. and foreign National Currency U. S. $2 Notes U. S. small size notes U. S.—Silver Certificates & U. S. Notes U. S. National Currency, Series 1882— "Brown Backs" National Bank Notes Paper money of the world; military cur- rencies Dealer or Collector C General PACE 68 Paper Money WHOLE NO. 38 3008 Ralph G. Woodruff, M.D., 7 Main, Englishtown, N.J. 07726 3009 Michael J. Rogers, 14 Waterview Place, Keansburg, N.J. 07734 3010 Witol A. Casper, 30 Clydesdale Ave., Haverhill, Mass. 01830 3011 Anthony Nestrow, 63 Avenue A, New York, N.Y. 10009 3012 Robert W. Busby, 1310 State, Box 38, Concordia, Kansas 66901 3013 Stanley Morycz, 5304-11th Ave., Brooklyn, N.Y. 11219 3014 Gary L. Harper, 231 N. Madison St., Oakland City, Ind. 47560 3015 Albert R. Price, 6617 Mendenhall Rd., Indianapolis, Ind. 46241 3016 Robert M. Petitt, 905 Ninth Ave., S.W., Rochester, Minn. 55901 3017 Edward P. Walsh, P.O. Box 146, Natick, Mass. 01760 3018 James E. Rokowski, 34 Ford Ave., Norwich, Conn. 06360 3019 Eldon L. Schnuelle, P.O. Box 3521, City of Industry, Cal. 91744 3020 C. Edward Regan, Box 4232, Overland Park, Kansas 66204 3021 John A. Wilson, 2684 Leighton Road, Shaker Hts., Ohio 44120 3022 Robert M. Pennington, 14237 Detroit Ave., Lake- wood, Ohio 44107 3023 Richard C. Moore, 147-30 15th Drive, Whitestone, N.Y. 11357 3024 Dr. Robert Montgomery, 1801 Sixth St.,., Clay Center, Kansas 67432 3025 Wm. C. McClammy, P.O. Box 1595, Wilimington, N.C. 28401 3026 Alexander H. Lecuyer, 80-20 Broadway, Elmhurst, N.Y. 11373 3027 Edward Kuszmar, P.O. Box 313, Bladensburg, Md. 20710 3028 Robert E. Grossi, 1010 Ashland Ave., Chicago Heights, Ill. 60411 3029 Gerald D. Kelfer, 48 E. 66th St., New York, N.Y. 10021 3030 William J. Fatula, 1400 Boulevard, New Haven, Conn. 06511 3031 David W. Bundy, 1600 So. Eads St., No. 932N, Arlington, Va. 22202 3032 Robert W. Clubb, M.D., 292 Otis St., West Newton, Mass. 02165 3033 K. C. Powers, 33147 Lancashire Dr., Westland, Mich. 48185 3034 John Olivera, 7727 Germantown Ave., Philadelphia, Pa. 19118 3035 Melvin H. Roberts, 110 Hottinger Ave., Charleston, S.C. 29405 3036 Robert D. Reid, 1700 Ocean Ave., Brigantine, N.J. 08203 3037 Virgil 0. Hinton, 806 Peoples Merchants Trust Bldg., Canton, Ohio 44702 3038 Mrs. Jane Y. Herald, RD #1, Turbotville, Pa. 17772 3039 Orvies J. Thoren, 622 So. 3rd St., Grand Forks, N. Dak. 58201 3040 George J. Cormier, 32 Birch St., Woonsocket, R.I. 02895 3041 Robert Goodman, c/o Republic Currency Exchange, 1953 W. Division, Chicago, Ill. 60622 3042 Robert W. Govern, 214 Fairview Road, Cary, N.C. 27511 3043 Paul B. McCombs, R.D. 4, West Chester, Pa. 19380 3044 Richard Kriss, 2914 Kettering Dr., South Bend, Ind. 46635 3045 William R. Wilson, 206 S. Covington, Coalgate, Okla. 74538 3046 J. Clifford Louden, R.D. 1, Box 92, Millersburg, Pa, 17061 3047 Earle W. Johnson, 602 E. Fern St., Mountain Home, Ark. 72653 3048 Alfred F. Chalk, P.O. Box 511, College Station, Texas 77840 C C U. S. large and small size notes; Colonial; Fractional C U. S. large size notes D U. S. large size notes Bank notes and Confederates C, D Fractional Currency C Type Issues U. S. General Minnesota Nationals, Series 1929 C C, D Obsolete bank notes and uncut sheets C, D U. S. large $2 notes $1 notes (CU) C U. S. small size notes C, D U. S. large & small size notes U. S. & Canada—current and obsolete notes C, D C F.R.N.—small size D Foreign currency C, D U. S. C U. S. Silver and Gold Certificates C, D U. S. large size notes & Fractional Cur- rency Silver Certificates and F.R.N. blocks C National Bank Notes, Series 1929 General Silver Certificates, F.R.N. $1 C All types of paper money C C Silver Certificates and U. S. Notes C U. S. large size notes U. S. small size notes All types C National Currency of Rhode Island and Woonsocket; broken bank notes Error notes Low number Silver Certificates and Fed. Res. Notes—$1 C U. S. F.R.N. small size National Currency, Series 1929 C $1 in all series C C Design sets—all types of paper currency WHOLE NO. 38 Paper Money PACE 69 3049 William C. Gunderson, 152-37th Ave., San Mateo, C General—Fractional Calif. 94403 3050 Joe Flynn, Sr., 2854 W. 47th, P.O. Box 3997, D Kansas City, Kansas 66103 3051 Louis Blank, P.O. Box 222, Elberon, N.J. 07740 C U. S. large size notes 3052 Kevin G. Loughran, 20 Dalton Road, Chelmsford, C U. S. large size notes Mass. 01824 3053 Paul D. Best, P.O. Box 426, Tunica, Miss. 38676 C, D 3054 Wilfred F. White, 6 C Sunchon St., Fort Bragg, C World paper money N.C. 28307 3055 A. R. Walters, P.O. Box 5348-Parkview Sta., New- C Virginia Nationals—large & small size port News, Va. 23605 3056 Carl M. Erickson, Jr., P.O. Box 282, Aberdeen C U. S. large size notes P.G., Md. 21005 3057 Robert C. B. Yencha, Jr., 307 Williams Ave., C, D All types Daytona Beach, Fla. 32018 3058 Ross A. Carrick, Box 53, Millersville, Md. 21108 C Paper money of Maryland; Fractional Cur- rency 3059 Michael T. Schmitz, 903 West Gibson, Austin, Texas C U. S. large and small size notes; State hank 78704 notes 3060 Robert Hodges, 120 Cleveland St., Chagrin Falls, C U. S. and broken bank notes Ohio 44022 3061 Raymond G. Regnerus, 12110 Lowe Ave., Chicago, C Fractional Currency Ill. 60628 3062 Matthew H. Klein, 16 Lake Ave.—#5 B, East C U.S. Gold and Silver Certificates Brunswick, N. J. 08816 3063 Paul J. Rizzo, 821 Olive Drive, Newport News, Va. C U. S. large size notes 23601 3064 W. M. Rogers, P.O. Box 362, Orange, Texas 77630 C U. S. large and small size notes; Factional Currency 3065 Ray Parrish, 706 Sherwood Rd., Paris, Mo. 65275 C, D Missouri National Bank Notes 3066 Roger J. Radtke, 2051 E. Norwood Drive, Oak C U. S. large and small size notes Creek, Wis. 53154 3067 Frank L. Sawyer, 14625 Rayen Ave.—#308, Pano- C Vermont and New Hampshire broken bank rama City, Calif. 91402 notes 3068 Mickey Rowe, 126 N. Manhattan Pl., Apt. 5, Los C U. S. Notes and Silver Certificates—all Angeles, Calif. 90004 series 3069 Stanley W. Paine, 872 Hope St., Providence, R.I. C U. S. large size notes 02906 3070 James N. Leahy, 4606 Navarre Rd. S.W., Canton, C $1 U. S. Notes—all types Ohio 44706 3071 Walter F. Bell, Jr., 4201 Rosemont Blvd., Columbus, C Confederate; Georgia state and broken Ga. 31904 bank notes 3072 John N. Talbert, Jr., 2817 Glenn Hills Drive, C Augusta, Ga. 30906 3073 Donald R. Steinke, 7824 W. 80th St., Bridgeview, C F.R.M.—$1 and $5 Ill. 60455 3074 Victor S. Butts, 4838 Maddox, Beaumont, Texas C Silver Certificates & error notes 77705 3075 Ira R. Hirschhorn, 96 Greenwich Ave., New York, C Fractional Currency N.Y. 10011 3076 Col. Kermit Reid, Taneytown, Md. 21787 C, D Blocks 3077 Charles Drugsvold, 4814 School Rd., Madison, Wis. C 53704 3078 Paul H. Collins, Jr., 23468 Lorain Rd., Apt. 201, C, D U. S. large size notes North Olmsted, Ohio 44070 3079 William E. Anderson, 108 East 13th St., Sand C 19th Century world; China, Spain—Civil Springs, Okla. 74063 War 3080 A. R. Edson, P.O. Box 517, Santa Barbara, Calif. C U. S. large size notes 93102 3081 Jeffrey Alan Cathro, 2952 College Ave.-Suite 2, C, D Silver Certificates; F.R.N.—$1, $5, $10, $20; Berkeley, Calif. 94705 $2 Notes 3082 Gerald M. Kohne, 415 W. Jefferson St., Decatur, C General—type Ind. 46733 3083 H. V. Dunn, Jr., P.O. Box 114, Carson City, Nev. C Nevada National Currency 89701 3084 Victor H. Kelley, 1238 Sherburne Ave., St. Paul, C Canadian (Unc.) Minn. 55104 3085 Millard Williams, Box 623, Liberal, Kansas 67901 C 3086 Herman Lund, P.O. Box 516, Maxwell, Calif 95955 C, D National Bank Notes 3087 Lee G. Smith, 3429 St. Clair Shores Blvd., St. Clair, C Mich. 48079 3088 Lou H. Leff, 4601 No. Monticello Ave., Chicago, Ill. C, D 60625 3089 M. Tauber, P.O. Box 4, Moffett Field, Calif. 94035 C Error notes and star notes 3090 Bron J. Rusin, 1086 Ash St., Winnetka, Ill., 60093 C 3091 Michael S. Ernst, 209 Sunkist Rd., Biloxi, Miss. C U. S. 39532 3092 Seymour Kashin, Scarsdale, N.Y. 10583 C U. S. and related items PAGE 70 Paper Money WHOLE NO. 38 3093 3094 3095 3096 3097 Fred Sweeney, P.O. Box 10144, Kansas City, Mo. 64111 Chester C. Grusinski, 20200 Syracuse, Detroit, Mich. 48234 David J. Swenson, Minneapolis, Minn. 55406 W. A. Gallaway, 4438 Holladay Blvd., Salt Lake City, Utah 84117 Clarence Micensky, 10072 Dixie, Detroit, Mich. D C C C C National Bank Notes Silver Certificates National Bank Notes Minnesota National Bank Notes U. S. and foreign currency $1 type—large and small size 48239 3098 R. Duphorne, P.O. Box 1305, Albuquerque, N. Mex. C 87103 3099 Warner Stephen Burt, 2700 Eastway Dr., Apt. G-6, Charlotte, N.C. 28205 C North Carolina obsolete bank notes, scrip and bonds 3100 Alan Levine, P.O. Box 1577, Bloomfield, N.J. 07003 D World paper money 3101 Richard A. Barlow, 1744 Idlehurst Dr., Euclid, Ohio C Low Numbers, consecutive, error 44117 3102 Mervyn H. Reynolds, HQ USARV—Comptroller, APO San Francisco, Ca. 96375 C, D U. S. foreign and MPC's 3103 Edmund J. Clark, Hattertown Road, Monroe, Conn. C Federal Reserve Notes 06468 3104 Neil Aiello, 2250 Grand Concourse, New York, N.Y. C, D U. S. and foreign Bank Notes 10457 3105 Freeman L. Craig, Sr., 201 Fox Run, San Antonio, Texas 78233 C U. S. and Canadian to $20; MPC; AMC 3106 John T. Alvey, 4315 Perry Way, Sioux City, Iowa C, D 51104 3107 Henry G. Tucker, R.D. 5, Box 77 C, Stroudsburg, Pa. 18360 C U. S.; Colonial and Continental 3108 Ross L. Woodman, 3221 W. 69th #1, Anchorage, Alaska 99502 C U. S.; Canadian; Philippines under the U.S. 3109 S. V. Nordan, 1601 Trinity Road, Raleigh, N.C. C 27607 3110 Harold A. Taylor, Jr., 1120 North Harrison St., Arlington, Va. 22205 C U. S.; Canadian; Mexican and British Commonwealth 3111 Gary E. Lewis, 5362 N. Nevada, Apt. 120, Colorado C Currency errors Springs, Col. 80907 3112 Forrest C. Young, P.O. Box 108, Winfield, W.Va. C General 25213 3113 Byron T. Arkebauer, P.O. Box 86, Bradenton Beach, Fla. 33505 D 3114 Richard B. Ahlquist, 622 Broadway, Saugus, Mass. C Fractional Currency 01906 3115 Ronald J. Costelic, 1314 Georgetown Rd., Danville, Ill. 61832 C U. S. small size notes 3116 Gary F. Morrow, 1584 Tully Circle N.E., Suite 119, Atlanta, Ga. 30329 C National Currency 3117 Mrs. Dorothy L. Thomas, P.O. Box 4123, Charleston C U. S. currency; U. S. $2 notes Hgts., S.C. 29405 3118 George E. Lyons, Jr., 1420 Verbena St., Denver, Col. 80220 C, D Fractional Currency 3119 W. J. Ryan, Space #42, 1215 Las Vegas Blvd. No., Las Vegas, Nev. 89101 C U. S. small size notes 3120 Warren Jackson, Box 387, Mobridge, S. Dak. 57601 C National Currency—large Si small size 3121 Maj. John Gomez, III, P.O. Box 388, So. San C $1 F.R.N. and Silver Certificates Francisco, Ca. 94080 3122 K. N. Armstrong, 809 Dillard St., Greensboro, N.C. C, D U. S. large size notes; broken bank notes 27403 3123 Mrs. Esther Harew Ganson, 5127 Green Camp- C U. S. current notes Essex Rd., Marion, Ohio 43302 3124 Paul R. Singleton, 28 So. Pershing Dr., Arlington, Va. 22204 C U. S. small size Silver Certificates & U. S. Notes 3125 Richard Bailo, Dept. of Chemistry, West Virginia Univ., Morgantown, W. Va. 26506 C Silver Certificates-unusual numbers, small size and $1 FRN block letters 3126 Gabriel Lajeunesse, 123 Columbia St., Cohoes, N.Y. C 12047 3127 S/Sgt Everett G. Elliott, Box 236, 1889 Comm. Sq., APO San Francisco 96320 C U. S. large size notes 3128 W. L. Clayton, Jr., P.O. Box 221, Meridian, Miss. C $1 Federal Reserve Notes 39301 3129 Edgar Schnadig, 245 Ridgemont Dr., El Paso, Texas C, D Silver Certificates and $2 bills 79912 3130 Mrs. Beverly Elam, Box 218, Green Camp, Ohio C U. S. current notes 43322 3131 Leon Obenour, 396 Commercial St., Marion, Ohio C Ohio National Bank Notes—Series 1929 43302 3132 Timothy G. Hoffart, 1125 Broadway, Apt. #3, Helena, Mont. 59601 C, D 3133 Martin Howard, 1213 Berkeley Dr., Richardson, Texas 75080 C U. S. small size notes WHOLE NO. 38 Paper Money PAGE 71 3134 James M. Todd, 1489 Clairmont Place, Nashville, Tenn. 37215 3135 Paul E. Grove, 488—First St., Conemaugh, Pa. 15909 3136 Gene L. Anderson, P.O. Box 20220, St. Louis, Mo. 63123 3138 Frederick Littman, Rt. 7, Box 413 C. Corona De Tucson, Ariz. 85714 3139 Edward E. Slade, Jr., 5556 Emerson, Dallas, Texas 75209 3140 Robert L. Hewgley, Jr., 2624 Scyene Road, Mes- quite, Texas 75149 3141 Arby W. Goody, P.O. Box 337, Cameron, La. 70631 3142 Edward Mayerhofer, 346 Main St., Catskill, N.Y. 12414 3143 Mrs. Margaret N. Green, P.O. Box 441, Startzville, Texas 78130 3144 James A. Sparks, Jr., P.O. Box 235, Salisbury, N.C. 28144 3145 Grady McRae, M.D., Box 518, Bluefield, W.Va. 24701 3146 Mrs. Maria I. English, 9240 State Road, Philadel- phia, Pa. 19114 3147 Maxwell E. Brail, 814 S. Thompson St., Jackson, Mich 49203 3148 Edward A. Wolf, Jr., 221-11 99th Ave., Queens Village, N.Y. 11429 3149 POC Thomas R. Williams, COM NAV FOR V Box 2, FPO San Francisco, CA. 96626 3150 Walter S. Minasian, 409 Grand Ave., Pawtucket, R.I. 02861 3151 James T. Bird, Box 71, Coco Solo, Canal Zone 3152 Harold C. Reynolds, Jr., 8 Clough St., Lynn, Mass. 01902 3153 Mrs. Nona G. Moore, Box 245, Fontana, CA. 92335 3154 Joseph Rizzo, 15386 Inverness St., San Leandro, Ca. 94579 3155 Monte E. Cross, Sr., 815 Pennsylvania Ave., Pro- spect Park, Pa. 19076 3156 Roy Molyneux, Box 7916 Lyell Sta., Rochester, N.Y. 14606 3157 Gene Hessler, Money Museum, 1254 Ave. of the Americas, New York, N.Y. 10020 3158 Gary H. Lybeck, 26 Dartmouth Rd., Grand Forks, N. Dak. 58201 3159 Maxie P. Bunarowski, 12 Ayres Ct., Bayonne, N.J. 07002 3160 W. D. Cogan, 3812 Elkhart Rd. #83, Goshen, Ind. 46526 C $1 F.R.N.—District ending number set; matching low nos.; sets with notes starting with "0" and "00" C U. S. current notes C Series 1902 Red Seal Nationals C U. S.—M.P.C.'s. C U. S. and China C, D Texas obsolete notes C (former member #1822) D U. S. large size notes; broken hank bills C U. S. and foreign (all countries) C National Currency—North Carolina and South Carolina; U. S. large size type notes C U. S. large size notes C U. S.—$5, $10, $20 notes C U. S. National Currency; Canada (Domin- ion) and Chartered Banks C Military, Occupation, Concentration Camp, Fractional—U. S. & German C General foreign, German Notgeld C C Foreign C Broken bank notes and all foreign paper money C, D C, D C C, D National Bank Notes C C $1 F.R.N. C $1 Silver Certificates and F.R.N. C, D Scarce foreign notes Corrections to 2574 556 1295 Yesterday 3084 487 2838 Louis F. Davison, Sr. 60 Robert E. Dickson 2662 Louis G. Doxtator 1649 Hastings Museum—formerly House of 2642 Hal Krieger 1385 Elmer D. Noll Roster Ronn Palm Dr. Howard W. Parshall George Sims Victor Kelley—specialty U.S. and Canada C David Cox, Jr.—specialty North Carolina state, charter banks, scrip 54 Roswell Burrows 1476 Dorthy Humitsch 1880 Mrs. Carolyn M. Frake, 363 Alto, Calif. 94306 Deceased Chester A. Smeltzer James H. White Reinstatement Tennessee Lane, Palo Membership Cancelled—Under Age 2979 Mark R. Jones Change of Address 2978 Karl H. Lucas, P.O. Box 1053, Steubenville, Ohio 43952 PAGE 72 Paper Money WHOLE NO. 38 Loyal Member Publicizes SPMC on TV Dave Hakes being interviewed about SPMC by Audrey Creecy on KFBB-TV, Great Falls, Montana. Recently the weekly numismatic press has been carry- ing stories by David Hakes of Independence, Mo., about the benefits of membership in SPMC. As a result of his tireless efforts in these papers as well as general newspapers, radio and TV stations throughout the West, more than a hundred new members have been added to Society rolls. Mr. Flakes, an executive of the well-known tax firm of H. & R. Block who believes in spreading the word about the benefits of membership in our Society, writes, "It is my personal opinion that you should ob- tain your money's worth just from the quarterlies pub- lished by the Society. In addition, you receive the benefit of being a member of one of the finest organiza- tions in the world. It is not an exaggeration when some- one says the SPMC is 'one for all and all for one.' " Mr. Hakes is shown here as he appeared on KFBB-TV in Great Falls, Montana, to he interviewed about paper money and taxes by Audrey Creecy, star of the show "It's a Woman's World." Obtaining such exposure is somewhat difficult in many parts of the country. Com- bining taxes with paper money collecting has worked to a very favorable degree for Mr. Hakes. It seems that no one knows much about paper maney and once he gets his foot in the door, most media people let him interest them and eventually ask for an article on both subjects. Newspaper articles printed thus far include Sunday editions from the Helena Independent Record and the Great Falls Tribune. One angle in the Hakes' unique approach is to show the history of paper money with something related to taxes. An example is his showing of a National Bank Note from the Las Vegas, New Mexico bank which was printed in 1913, the first year of the modern tax return. Another is showing some banking deposit slips from the 1860's I Montana Territory I and relating them to an important Internal Revenue Act of that era. "Everyone in SPMC should make an attempt to ob- tain one or two new members by getting articles in their local papers or appearances on television stations," Mr. Hakes says. "In this manner the organization will benefit greatly. Sticking together will make SPMC even greater in the future and that is what we are all striving for. Building a better organization for all by obtaining new members will help us financially also." Members are asked to contact Dave if they have any angles or information for future articles. His address is David A. Hakes. 1508 W. 23rd Terr.. Independence. Mo. 64050. Julian S. Marks Collection Goes at Auction The well-known collection formed by the late Julian S. Marks of Cincinnati, Ohio is being catalogued by A. Kosoff Inc. of Palm Springs, California for a Mail Bid Sale to be held in October 1971. Mr. Marks was best known for his collection of United States paper money which won him many an award at numismatic exhibitions: receiving the "Best-in-Show" designation was hardly an unique experience for him. WHOLE NO. 38 Paper Money PAGE 73 The Winner's Circle Mitchell (Hersey) Hrynyshen of Wilmington, Del. took the Best-of-Show award at the April 1970 West Chester Coin Show with an exhibit of large-size U. S. Notes. In October 1970, he received a second place with the exhibit at Dundalk, Md. Eugene Morris of Forest City, Iowa exhibited types of checks from Iowa banks, both broken and operating, to cop top honors at the recent Clarion, Iowa Coin Col- lector's Show. Member Ralph Hinkle, exhibits chairman for the Michigan State Numismatic Society Spring Convention held March 6-7, 1971 at Wyoming, Mich., has submitted a photograph of himself presenting the Best-of-Show Award to Louis Van. Belkum for his display of Grand Rapids, Mich. National Bank Notes. This was the first time that these notes had ever been exhibited. Wyoming, Mich., a suburb of Grand Rapids, is the home of Mr. Van Belkum, well-known for his writings on National Bank Notes for the Society of Paper Money Collectors. Mr. Hinkle writes of him, "Lou Van Belkum did a wonderful job in getting these notes before the public, and his explanations were very easy for the non- collector to understand. He surely is an asset to our hobby." Robert Wheeler of Detroit exhibited his change-over pairs at the Fall meeting of the Michigan group and received the Best-of-Show in the non-competitive cate- gory. Ralph Hinkle (left) presents Best-of-Show award at Michigan event to Louis Van Belkum, well-known special- ist in National Bank Notes. Please remember to send the Editor news about awards you may have won. Library Notes Shortly after these "Notes" were sent to the printer for inclusion in the last issue, Mr. Michael Byckoff sent two large boxes filled with back issues of The Numisma- tist. Listed in detail below, they will add general numismatic depth to our library. Other significant donations and accessions are: S-6, Spadone, F. G. Major Variety and Oddity Guide of United States Coins, 5th edition (1971 gift of ANCO, Florence, Ala.) B-3, Banyai, R. A.—The Legal and Monetary Aspects of the Hungarian Hyper-Inflation 1945-1946 (1971; gift of the author) M-4, Meeks, H. E.—Maryland Bank Register 1790- 1964 (1966; gift of W. F. Hurley) S-5, Seppa, D.—Paper Money of Paraguay and Uruguay (1970; gift of A. F. Almanzar) F-3, Federal Reserve System Board of Governors— Federal Reserve System Purposes and Functions, 5th edition (1963) F-2, Fousek, P. G.—Foreign Central Banking: The Instruments of Monetary Policy (1957) G-4, Graham, W. L. Jr.—The Silver Crisis (1964) B-4, Burke, W. & Levy, Y.—Silver: End of an Era (1969) B-5, Blue Ridge Numismatic Association—Auction Sale Catalog Aug. 5-8, 1965 (gift of Michael Byckoff) C-7, Canadian Paper Money Society—Auction Sale Catalog, 1970 NEW PERIODICALS The Check List: Vol. II. No. 1, 1971 (gift of Robert G. Flaig) World Coins: Oct. 1969, Vol. 6, No. 7 REGULAR ADDITIONS TO THE PERIODICALS SECTION ANA Club Bulletin: Jan., Feb., Mar. 1971 The Canadian Paper Money Journal: Vol. 1, Nos. 3, 4 Vol. 2, Nos. 2, 3 (gift of Robert C. Pickett) Vol. 8, No. 1 Jan. 1971 The Essay-Proof Journal: Vol. 27, No. 1, 1971 The Numismatist: Vol. 74, Nos. 1-12, 1961 Vol. 75, Nos. 1-12, 1962 PAGE 74 Paper Money WHOLE NO. 38 Vol. 76, Nos. 1-12, 1963 illustrations. The issue of World Coins contains a use- Vol. 77, Nos. 1-12, 1964 ful listing of "Russian Emergency Paper Money 1914- Vol. 78, Nos. 1-12, 1965 25" by Dr. M. Robert Talisman. Vol. 79, Nos. 1-12, 1966 Vol. 80. Nos. 1-12, 1967 (gift of Michael Byckoff Vol. 84, Nos. 1-3 Paper Money: Vol. 10. No. 1, 1971 COMMENTARY The Banyai work is a typed, offset-printed, 28-page booklet with many clear illustrations of notes and tax stamps used as legal tender currency. The tone through- out is scholarly, and the emphasis is on economic history as shown in currency issues. However, the issues are catalogued according to the Keller, Pick and Kupa num- bering systems for numismatic use. Notes of the Hun- garian inflation period are for the most moderately priced; with Mr. Banyai's study as a guide to them, one could easily work up a prize-winning display. Copies of this booklet are available for those who desire to own it for $1.50 post paid from R. A. Banyai, 4520 N. 34th St., Phoenix. Ariz. 85018. According to Win Hurley, the Maryland Bank Register is one of only 200 printed and distributed to banks in that state. It consists of 123 typed, offset-printed pages and includes a history of Maryland banking, 1790 to 1964. Banks are listed with charter dates, numbers, changes of name, mergers, liquidations, etc. The banks are also listed geographically. Altogether, this is a most useful compilation for the student of obsolete and nation- al bank notes. The completely illustrated catalog of Paraguay and Uruguay notes is especially welcome because the Sten catalogs were halted at "k." Prices seem to be quite moderate. even for the pre-1865 Paraguay items, which are attractively primitive in appearance. This 34-page booklet is available to collectors for their own libraries for $2.00 postpaid from Almanzar's Coins of the World, Suite D, Milam Bldg., San Antonio, Tex. 78205. The paperback volumes from the Federal Reserve and those dealing with silver are more items from the Banyai collection acquired for the Society by the Editor. F-3 has a numismatically pertinent chapter on "Relation of Reserve Banking to Currency." B-4 was published by the Federal Reserve Bank of San Francisco and contains useful historical sketches of the Greenback and Populist eras. For the first time in the Periodicals Section, The Check List is listed. It is the mimeographed publication of the Check Collectors Round Table. Filled with good articles, it would be even more useful if someone could furnish us with the Volume 1 issues. Furthermore, the Volume 1 and 2 issues of The Canadian. Paper Money Journal donated by Robert C. Pickett now give us a complete run of this fine publication with the exception of Vol. 6, No. 3. Can anyone fill that gap? B-5 includes 341 lots of profusely described Colonial and Continental paper currency 1737-1788, with many Elliot E. Thomas Is 3000th Member of SPMC The Society of Paper Money Collectors reached another milestone recently when it enrolled Elliot E. Thomas of Miramar, Florida as its member number 3000. Mr. Thomas is now retired, having moved to Florida about six years ago from Washington, D. C., where he owned a realty company. A few years before retiring lie became actively interested in collecting and in 1960 joined the American Numismatic Association. Prior to that time he had never collected seriously, although his father had a collection of coins and paper money. Since 1960 he has gradually built up his collection of U. S. paper money and at one time was the proud owner of a rare $50 Federal Reserve Bank Note of St. Louis. Series 1918. In addition to all types of U. S. currency, he collects foreign notes that are of historical and special interest. The Society of Paper Money Collectors was organized in 1961 at the ANA convention in Atlanta, Ga., and in 1964 it was incorporated as a non-profit organization under the laws of the District of Columbia. The Society publishes a quarterly magazine, PAPER MONEY, which contains illustrated and informative articles on United States and foreign currencies. Subscription to the maga- zine is included with the membership dues, which are $4.00 per year. In addition to encouraging the collecting and study of paper money, and fellowship of kindred collectors, the Society also encourages the research in various fields and the publication of the resultant findings. So far members have prepared, and the Society has published, books on Obsolete Notes and Script of Florida, and of Texas; also The National Bank Note Issues of 1929- 1935. Additional books and listings on obsolete notes and script are being prepared for the following states: Minnesota, Vermont, Indiana, Ohio, Alabama and Mon- tana. It should be mentioned that the listing of Obsolete Paper Currency and Scrip of Kansas was published in the December 1970 issue of PAPER MONEY. Collectors interested in paper money are welcome to join the Society. For membership applications and further information write to: Vernon L. Brown, Secre- tary. P. 0. Box 8984. Fort Lauderdale, Fla. 33310. NATIONAL BANK NOTE BOOK SUPPLEMENTS AVAILABLE Extra copies of PAPER MONEY No. 37 containing Supplement I to the Huntoon-Van Belkum-Warns book The National Bank Note Issues of 1929-1935 have been printed and are available for $1.00 postpaid from J. Roy Pennell, Jr.. P. 0. Box 858, Anderson, S. C. 29621. WHOLE NO. 38 Paper Money PACE 75 MONEY MART FOR USE BY MEMBERS OF THE SOCIETY ONLY PAPER MONEY will accept classified advertising from members on a basis of 5c per word, with a mini- mum charge of $1.00. The primary purpose of the ads is to assist members in exchanging, buying, sell- ing, or locating specialized material and disposing of duplicates. Copy must be non-commercial in na- ture. At present there are no special classifications but the first three words will be printed in capital letters. Copy must be legibly printed or typed, accompanied by prepayment made payable to the So- ciety of Paper Money Collectors, and reach the Editor, Barbara R. Mueller, 225 S. Fischer Ave., Jeffer- son, Wis. 53549 by Aug. 10, 1971. Word Count: Name and address will count for five words. All other words and abbreviations, figure combinations and initials counted as separate words. No check copies. 10% discount for four or more insertions of the same copy. Sample ad and word count: WANTED: CONFEDERATE FACSIMILES by Upham for cash or trade for FRN block letters, $1 SC, U. S. obsolete. John Q. Member, 000 Last St., New York, N.Y. 10015. (22 words; $1; SC; U. S.; FRN counted as one word each) WANTED: ALL ILLINOIS National Bank Notes, espe- cially Centralia, Yorkville, and Xenia, Ill. Kuester's Coins, Currency & Combination Safes, 136 N. Harrison St., Centralia, Ill. 62801 WANTED: SOUTH CAROLINA currency. Top prices for colonial, obsolete and scrip needed in my collection. William H. McLees, Jr., P. 0. Box 496, Walhalla, S. C. 29691 SCARCE $50 MUNICIPALITY No. 1, New Orleans, La. Oct. 30, 1837, about unc. $5.00. Same issue $20, 1842, about unc. $3.50. Helen H. Williamson, 628 Belleville Ave., Brewton, Ala. 36426 CANADA SMALL $1's: Trade unc. set, Ch. Nos. 136, 146, 156, 164, 172, 180, 188, 195, 203', 211, 212. Worth $85.00, trade as set only. Want Nationals, large or small -prefer New York State (not City). Robert Hoskins, P. 0. Box 4, S. Richmond Hill, N. Y. 11419 PROOF SHIELD LIBERTY nickels 1866 through 1912; also 1912-DS. unc. 10V, off trends. Two or more less 20%. Most frosted heads. Almost all Buffalos unc. As above. Write. Mason's Numismatics, Box 1305, Cheyenne, Wyo. 82001 NEBRASKA OBSOLETE CURRENCY: I am buying single notes and uncut sheets of Nebraska Obsoletes for my collection. Also, medals, badges, pins, booklets, etc. of the Trans-Mississippi Exposition. Describe and price. Leonard M. Owen, 3602 N. 52nd St., Omaha, Neb. 68104 MARYLAND CURRENCY WANTED: Obsolete, colonial Nationals; checks, stocks, bonds, lottery tickets, adver- tising notes, vignettes, proofs. Leonard M. Rothstein, M.D., RD 3, Owings Mills, Md. 21117 WANTED: NATIONAL BANK Notes issued on Texas banks. All denominations. John R. Culver, 107 W. Wall St., Midland, Texas 79701 MONTANA NATIONALS WANTED: large or small size. Will pay cash or trade other state currency that I have. Price and describe or send insured for my fair offer. Newton J. Cummings, Box 397, Malta, Montana 59538 WANTED: ALABAMA OBSOLETE notes for my collec- tion. Have few to trade or will pay cash. TSGT Carl Anderson, 4531 TAC Hosp, Box 582, Homestead AFB, Fla. 33030 EARLY DOLLAR TYPES: 1799-1800 Fine $129.50. 1843- 1844 VF, XF $65.00. 1803-VF $195.00. 1853-1856 $95.00. 1860-P AU. 1872S VF. $69.50 ea. 1900 Lafayette Fine. $69.50. Trade. 1873 P. 1873S-AU. $85.00. 1874PS. $59.50. Mason's Numismatics, Box 1305, Cheyenne, Wyo. 82001 WANTED: TO COMPLETE my personal library-First Edition of "Friedberg's Paper Money of The United States." Write condition and price. T. R. Don, 98 Main St., Winsted, Conn. 06098 DRUG, MEDICAL, DENTAL exonumia wanted. Ad- vertising notes, illustrated corner card envelopes, medals, etc. of cures, hospitals, homes, asylums, mineral springs, sanitary fairs, Red Cross, temperance. Leonard M. Rothstein, M.D., RD 3, Owings Mills, Md. 21117 WANTED: IOWA OBSOLETE bank notes. I will buy and trade. Please write and let me know what you have. Art Cady, P. 0. Box 449, Hampton, Iowa 50441 SPRINKLE HAS $10,000.00 bill, Friedberg 1225, can- celled. Old Numismatist's, Scrapbook, Tams, many obsolete sheets, proofs, checks, also metal scrip. Frank Sprinkle, Box 864, Bluefield, W. Va. 24701 ILLINOIS NATIONALS WANTED from following towns: Aledo, Keithsburg, Viola, Rock Island, Moline. Gary F. Morrow, 1584 Tully Circle, N.E., Suite 119, Atlanta, Ga. 30329 GEORGIA LARGE SIZE Nationals wanted for personal collection. 1st and 2nd charter notes especially wanted. Would appreciate any information on 1st or 2nd charter notes, whether for sale or not. Gary F. Morrow, 1584 Tully Circle, N.E., Suite 119, Atlanta, Ga. 30329 WANTED TO BORROW or purchase: Kardakoff's Cat- alog of Paper Money of Russia and Baltic States. Can- field F. Smith, 205 N. Chestnut, Platteville, Wis. 53818 WANTED: WISCONSIN NATIONAL Bank Notes, large or small. Write M. 0. Warns, Box 1840, Milwaukee, Wis. 53201 WANTED: OBSOLETE INDIANA nurnismatica- In- cludes territorial, state and private bank paper, Civil War sutlers, merchant and political tokens, and Fair Board medals. Have some paper for trades. Francis C. Keith, 60 S. Jenny Lane, Indianapolis, Ind. 46201 FOREIGN PAPER MONEY and Military Payment Cer- tificates wanted. Please describe and price or send insured for fair offer. Joseph Persichetti, Box 423, Great Neck, N. Y. 11022 WANTED: NATIONAL BANK Notes of Nashville, Tenn.; Smyrna, Tenn.; and Pittsfield, Ill. Price and de- scribe. Charles Dean, Box 2262, Nashville, Tenn. 37214 WANTED: CANADA, NEWFOUNDLAND paper money. Also duplicate for sale. Fred L. Buza, P. 0. Box 301, Plover, Wis. 54467 MISSOURI CURRENCY WANTED: Nationals, obsolete and bank checks from St. Louis, Maplewood, Clayton, Manchester, Luxemburg, Carondelet and St. Charles. Ronald Horstman, Rt. 2, Gerald, Mo. 63037 (Continued on Page 76) THE MONEY MART (Continued from Page 75) SOUTH AMERICAN INFORMATION wanted. I am presently trying to produce a complete checklist or series on South America and would appreciate very much if anyone would send me checklists of their personal col- lections. I will also buy (for photographic purposes) any South American banknote, which I need and can afford. Dale Seppa, Casilla 2691, Quito, Ecuador: South America BAHAMAS: 5 POUND George and Elizabeth; one pound George CU notes. State price. Richard Ulbrich, Box 401, Cheshire, Conn. 06410 OBSOLETE, MPC, MILITARY, Southern States, bought, sold and traded. Especially interested in notes of Ten- nessee, Alabama and any Louisiana parish or town notes. Need for my collection $5 MPC Series 541. Have large stock to trade. Paul E. Garland, 608 Mountain View Ave., Maryville, Tenn. 37801 NEBRASKA OBSOLETE REFERENCE: Now less than 50 copies of the 250-copy printing remain. There will be no reprint! There are many photos, rarity guide, histories of most issuers, printers, known sheets as well as complete descriptions of all obsolete notes prior to 1900 in this 64-page hardbound book. $6.75 postpaid. James L. McKee, 3425 Otoe, Lincoln, NE 68506 LARGE SIZE U.S. CURRENCY All Priced Upon Application Crisp UNC. Very Fine Fine Gem UNC. Gem UNC. 186-C. Gem UNC. 214. Gem UNC. 285. Gem UNC. 307a Extremely Fine 329. Gem UNC. 378. Extremely Fine 831 Gem UNC. 1163. UNC. 1166-b. Extremely Fine Woodcliff Investment Corp. WM. ANTON, JR., Pres. P. 0. Box 135 Lodi, N. J. 07644 Phone 201-391-9595 Life Member ANA 663 SPMC 2127 Fr. Fr. Fr. Fr. Fr. Fr. Fr. Fr. Fr. Fr. Fr. Fr. Fr. Fr. Wells Fargo Stock Certificate Discovery ISSUED 1861-1864 HAND SIGNED BY HENRY WELLS, WM. G. FARGO (founders of Wells Fargo & Co.) Nice condition, guaranteed authentic $30.00 post paid Send for free list of authentic Wells Fargo material to be sold DICK BOWMAN P. 0. BOX 10063-P, DENVER, COLORADO 80210 A.N.A. 50501 S. P. M.C. 804 LARGE SIZE CURRENCY MISCELLANEOUS $10 1865 1st Char. Rhinebeck, NY VG 810 Manual Labor Bank, NY Unc. $39.50 4.50 Salt Lake City, UT 10308 1912 $20 617 VG Salt Lake City, UT 4051 1896 $10 542 G Salt Lake City, UT 4341 1912 $10 628 G Salt Lake City, UT 4341 1912 $10 628 VF I Mormon Historical Note Signed by Joseph Smith) Salt Lake City, UT 2059 1912 $10 628 (Mormon Historical Signed Note by Brigham Young's son) 125.00 69.50 49.50 95.00 65.00 81 1917 Legal Red Seal Specimen Ty XF 14.50 Salt Lake City, UT 9403 1909 641 VG$20 79.50 $2 1917 Legal Red Seal Beautiful Unc. 29.50 $10 626Salt Lake City, UT 9403 1909 VG 59.50 $5 1917 Legal Red Seal Ty F 12.50 Salt Lake City, UT 9403 1911 $ 5 615 39.50 $1 1891 B Star Treasury Note Fr #350 XF 49.50 Dayton, WA 2772 1902 VG$20 650 49.50 $1 1918 J-10 Unc. 49.50 Spokane, WA 4668 1911 $10 617 19.50 $1 1896 Educational Fr #224 XF 59.50 Spokane, WA 4668 1911 $20 643 39.50 $5 1913 12L Red Seal Fr #843 XF 69.50 Tacoma, WA 3417 1913 $20 645 29.50 $5 Lincoln Porthole VG 49.50 626Madison, WI 9153 1908 $10 Unc 65.00 810 1914 San Francisco Blue Seal VG 16.50 F 19.50 Marinette, WI 4137 1909 $20 641 42.50 $20 1914 Minneapolis Red Seal Good 29.50 Sheet 11862 - Eng. - Uncut Choice (4) $5 350.00 $20 1914 San Francisco Blue Seal XF 35.00 VG 27.50 El Paso, TX S-2532 Fr 577 $10 129.50 $20 J-10 VF 29.50 Unc. 39.5(1 Peoria, IL #1-A 3214 Fr 598 $ 5 the # 1-A I Unc 125.00 $5 Indian Onepapa F 39.50 MINNEAPOLIS. 9409 Fr $20 35.00 $10 Buffalo Note, Star # VG 49.50 $10 Buffalo Note VG 25.00 820 1905 Gold Coin Red Seal Rare G 75.00 VG 125.00 SMALL SIZE CURRENCY $20 1906 Gold Coin Gold Seal VG 29.50 F 35.00 $20 1922 Gold Coin Gold Seal F 35.00 Gold Seals $50 Gold Back XF 89.50 $10 Good $15.00 ; 620 F $29.50, Unc. 49.50 $50 VG 57.50 LARGE SIZE NATIONAL BANK NOTES City Char. # Date Denom. Fr. # Cond. Price San Francisco, CA P-3555 1906 $20 640 VF 39.50 RARE CHANGE-OVER SIGNATURE PAIRS San Francisco, CA P-9683 1910 820 642 G 29.50 $ 5 1934C Star pair Julian - Clarke 185.00 San Francisco, CA P-1741 1910 $20 642 VG 39.50 $10 1934A Morgenthau - Vinson C. 95.00 San Francisco, CA P-9141 1908 $20 641 VG 39.50 Denver, CO W-3269 1904 $10 624 19.50 Bloomington, IL 51-5119 1882 $20 555 AU 99.50 1929 NATIONAL BANK NOTES (Beautiful note-Rare denomination back type) Denorn. City Char. # Cond. Price Chicago, IL M-3698 1907 $10 615 F 19.50 $1(1 Santa Ana, CA 3520 VG 14.50 Nebo, IL M-10492 1914 820 657 22.50 $20 Cedaredge, CO 10272 F 49.50 Decatur, IL ) dt rev) M-5089 1897 $10 543 VG 29.50 $10 Malad City, ID 8822 F 49.50 Chicago, IL M-2894 1910 $20 642 VG 29.50 $10 Genseo, IL 534 G 13.50 Boise, ID 3471 1906 $ 5 599 F 65.00 $10 Hastings, NE 3732 G 14.50 Boise, ID 8346 1906 $20 641 F 175.00 $20 Stewartville, MN 13615 VG 35.00 Boise, ID 10751 1915 $10 632 VG 65.00 $20 Lincoln, NE 1798 VG 25.00 Boise, ID 10083 1911 $10 628 VG 65.00 $20 Osceola, NE 6493 F 39.50 Burley, ID 10341 1913 $ 5 643 G 65.00 $20 Emerson, NE 7425 VG 29.50 Buhl, ID 11065 1917 $10 632 65.00 $20 Roswell. NM 5220 F 75.00 Caldwell, ID 4690 1911 $10 628 F 75.00 $10 Chase, NY 2370 AF 13.50 Caldwell, ID 8225 1906 $20 654 Unc 175.00 $20 Dayton, OH 2604 F 25.00 Caldwell, ID 9333 1903 $20 641 Unc 195.00 $10 Portland, OR 1553 VG 13.50 Nampa, ID 10916 1916 $ 5 606 49.50 $20 Houston, TX 9712 VG 25.00 Weiser, ID 6754 1903 $20 650 VF 175.00 $20 Ogden, UT 2597 VG 29.50 Weiser, ID 6754 1903 $10 613 VG 85.00 $20 Little Falls, Minn. 13353 C379A XF 35.00 Elwood, IN 4675 1911 $20 643 35.00 $20 Lima, Mont. 11492 C32A VF 65.00 Franklin, IN 3338 1905 $20 653 F 39.50 $10 Boise, ID 1668 A6333 F 37.50 Wellington, KS 8399 1906 $10 G 22.50 Lowell, MA 701 1905 $20 639 G 24.50 Omaha, NEB 2665 1902 $20 639 VG 42.50 FRACTIONAL CURRENCY Omaha, NE 2665 1902 $20 650 VG 49.50 Omaha, NE 2665 1902 $10 624 25.00 Fr. No. Wisner, NE 6866 1903 $20 639 VG 39.50 1230 5c XF 7.50 Magdelana, NM 10268 1912 820 653 F 175.00 1242 10c Tine. 12.50 New York, NY 1370 1905 $10 624 G 12.50 1245 10c 12.50 New York, NY 2370 1897 $10 543 VF 49.50 1255 10c 12.50 New York, NY 1352 1905 $10 613 C 12.50 1258 10c 9.50 Cincinnati, OH 24 1903 520 639 29.50 1269 15c 35.00 Portland, OR 1553 1905 $10 614 19.50 1281 25c XF 12.50 Portland, OR 4514 1911 810 616 VG 29.50 1294 25c Unc. 1312 50c XF 12.50 12.50 Portland, OR 4514 1911 $10 627 VG 29.50 1335 50c A. Unc. 19.50 Portland, OR 4514 1911 $10 627 G 19.50 1376 50c Unc. 17.50Allegheny, PA 776 1905 $20 639 24.50 1379 50c Unc. 17.50 Dell Rapids, SD 3508 1906 $10 VF 95.00 Ogden, UT 3139 1904 $20 639 VG 75.00 Any 2-Less 10% and Any 4-Less 20% WANTED: WESTERN NATIONAL'S: EVEN EXCHANGE VALUE. $1.00 FED. ALL SERIES NOS. XX 001 THRU 300 ENDING. XX 9900 THRU XX 9999 WANTED-EXCHANGE-TRADES. CHEYENNE COIN SHOP THOMAS F. MASON: SPMC: SCPN: ANA P. 0. BOX 1305, CHEYENNE, WYOMING 82001 UNITED STATES PAPER MONEY LARGE AND SMALL NATIONAL BANK NOTES One Dollar Silver Certificates-CU Except Where Noted 1929 A-A 011.00; B-A Fine $3.50 1928A R-A, S-A, X-A 87.00; A-B $8.50; 100132176B VG $40 1928B B-B F-VF $3.50; I-B, H-B, XF-AU $4.50 1928C G50476315B P1.G3 VF-XF $145 I66150785B PI.K6 VF (but with light water stains 51101 1928D I-B VG-F S45, F 055; H-B VF $75 1934 B-A G $2.25; F-A XF $3; C-A AU $4.50 1935 I-A, J-A, F-VF 52.75 ea.-2 for $5.00 1935A A-D, M-B, R-B, S-B $2.75 1935A Hawaii S-C, C-C $7.50 (2 or more $6.95 ea.) ; F-C $45 N. Africa C-C Circ. $5; I-C, R-C $11.50; C-C $13.50 Experimental "S" Fine $17.50 1935B (1-1) 86.95 1935D P-F Wide & Narrow $2.95 ea. 10 or more $2.65 ea. 1935E E-I, P-I, K-I, L-I $2; 5-F $2.65 19:35F Z-1 $2; *-G $2.40 1935G No/motto B-J, C-J, D-J $1.75; 5 -G $2.75 1935G W/motto D-J 82.75; 10 or more $2.65 ea. 193511 D-J 01.95 1957 CA, EA, FA, HA, IA, UA, ZA, 5A., 02; 5 -D $6.95 1957A AA, DA, EA, HA, KA $2 1957B RA, VA, WA, XA, YA, *B $2: Unusual Pair 1957B $1 S.C. and 1063 $1 FRN W/identical reverse plate #1's 432 $5 pr. SPECIAL LOW SERIAL $1 SILVER CERTIFICATES 1957B R00000331A, X00000706A, X00000708A, X00000722A 1935G No/motto C00000937J, C00000938J, CU $6.50 ea. 1957B X00000710A, X00000720A, X00000730A, X00000711A, $7.50 SOME NICE STAR NOTES 1928A $1 S.C. *21188193A Unc. $40.00 1935B 51 S.C. *06752540A Unc. 30.00 1928D $2 L.T. *02240024A Unc. 35.0(1 1934A $10 North Africa *01233275A Fine 45.00 1928 $10 Gold Certificate 500651827A Fine 60.00 1934D $10 (Atlanta) F02177095* Fine 27.50 $1 FEDERAL RESERVE NOTES 19(13 DILLON-PI #1 CA, GA, HA, IA, JA, KA $4.95 P1 #1 I00004417A, F00001059A $6.00 000057465A, 000011561A, 000057465A, C12135555A, C18133333A, C24865555A, K00108900 5 , E00165555A, C24864444A 54.5(1 000008221B thru 00000823()B $9.50 THE FOLLOWING CHOICE UNC. MATCHED PAIRS $8.95 PAIR F00006648* & J00006648 5 : F00006652 5 & J00006652 5 ; F00006675* & J00006675 5 ; F00006679* & J00006679 5 : F00006681* & J00006681 5 ; F00006682* & J00006682 5 . 1963 FOWLER-HAVE GOOD STOCK OF FOLLOWING: 1000A, K000A, A000 5 , B000))), 0000 5 , D000*, E000 5 , F000 5 , G000 5 , I000*, J000 5 , K000*, L000* (q) 53.25 OTHER 1963A's: BE, FD $2.75 ea.; FE 53.75; GE $4.50, F 5 $2. COMPLETE SETS 112 Notes) of $1 FRN-ALL CU 1963 Regular, All notes PI #1 Unusual Set $65. 1963 Regular, All serials ending in 87 $35. 1963 Regular All serials ending in 7 $32.50. 1963 Star Set All beginning with 00 $27.50. 196:3 Star Set All serials ending in double or triple 1963 Star Set All begin 00 & end 0 or 00 1963 Star Set All begin 000, especially nice 1963 Star Set All begin 000, end with 0 1963 Star Set All begin 0000, end with 0 1963 Star Set All begin 0000, two matched pairs in set N.Y. & Clev. 00002649 5-AU. & K'City 00006667 5 1963A Star Set beginning 00 or 0 $25.00 $20.001963A Regular Set All 12 Districts TWO DOLLAR UNITED STATES NOTES-CU Except Where Noted 1928 Fine 010: 1928C Fine $5.95: CU $16.50. 1928D 511.50, 5 at $10 ea. ; mule $17.50 ; Fine $4 XF $5.50 ; AU 56.50; mule AVG 00.50. 1928E G Sm. corner torn $7.50. 1923F 511.50; Crisp AU $6.95; VF-XF $5.50; AF $4.00. 1928G $6.95; 5 or more $6.25 Ea. Circ. $3.50. 1953 $5.25. 1953A S4.95 (5 at $4.50 ea.) Star $7. 1953B 53.75 ; Star 54.50; 1953C $2.95 ; Star $3.95. 1963 52.95 ; PI #1 $3.50 ; Star $3.95. FIVE DOLLAR UNITED STATES NOTES 1928 New 517.50: VG-F $8.00. 1928A New but with corner fold $39.50. 1928C Crisp XF 59.50; VF $7.50; 1953C New $8.75. 1963 P1 #1 56.95; Star P1 #1 57.95. FIVE DOLLAR SILVER CERTIFICATES 1934A Mule VF D73716916A $15.00. 1934B VG-F $7.50; VF-XF $9.95. 1934D Crisp AU $7.00. 1934D U-A Wide II Rev. PI #2071 Fine $1950. U-A Wide II Rev. P1 #2083 Crisp XF-AU $26.50. 1934 55 FRN Boston mule A14704035A VF $15.00. 1934A $10 North Africa New 024.95; Crisp XF $15.00. ADD 50 CENTS POSTAGE AND INSURANCE ON ALL ORDERS. JOHNNY 0. POST OFFICE BOX 714 HAZLEHURST, MISSISSIPPI 39083 1929 Series National Bank Notes FIVES CHARTER The First NB of Birmingham, Ala. VG 3185 $11.50 First NB Mobile, Ala. VG-F Ty II 1595 13.50 First NB of Dothan, Ala. VF 5249 21.00 Merchants NB Mobile, Ala. Fine (AVG $9; VG $ 11 1 13097 14.95 City NB Tuscaloosa, Ala. A-VG 6173 12.50 First NB Gurdon, Ark. Cr. Like new Ty II 13210 45.00 First NB Beverly Hills, Calif. VG-F 11461 15.00 Bank of America San Francisco, Calif. VG-F 13044 8.50 First NB Mancos, Colo. A-VG 9674 21.00 Citizens & Peoples NB Pensacola, Fla. VF-XF 9007 34.00 National Exchange Bank Augusta, Ga. VF-XF Ty II 1860 21.00 Drovers NB Chicago, Ill. VG-F Ty II 6535 12.50 Live Stock NB Chicago, Ill. VF Ty II 13674 14.50 New Harmony NB New Harmony, Indiana Fine Ty II 13542 18.00 First NB in Wichita, Kansas Cr. Unc. Ty II 2782 2:3.00 Chandler NB Lyons, Kansas Cr. Unc. Ty II 14048 Write (Both signatures Chandler. Vice Pres. shown in place of Pres.) NB of Commerce New Orleans, La. VG Ty II 13689 15.00 NB of Perryville, Maryland VG-F Ty II 11193 17.50 Worcester County NB Worcester, Mass. Cr. XF 7595 16.00 Bloomington-Lake NB Minneapolis, Minn. Fine 12972 12.00 First NB Greenwood, Mississippi Fine (VG $24.95) 7216 35.00 Delta NB of Yazoo City, Miss. G-VG $17.50 ; F $26; VF-$35 ; XF $42 ; AU $49 ; Unc. $65. 12587 National City Bank St. Louis, Missouri VG 11989 9.50 American NB Kimball, Nebraska VG 13420 22.00 (Family Bank-both signatures Rodenau) Bergen County NB Hackensack, New Jersey VG-F Ty II 13364 14.50 National City Bank New York, N.Y. Cr. XF-AU 1461 9.00 First NB Waynesville, N.C. VG (Ser. F000738A) 6554 19.50 First NB Thompson, N. Dakota VG (Ser. F000090A) 11599 36.00 National Bank Toledo, Ohio VG-F Ty II 14030 12.00 Exchange NB Tulsa, Okla. VG 9658 15.00 Mellon NB Pittsburgh, Penn. Fine 6301 11.00 Citizens NB & Trust Co. Waynesboro, Penn. F-VF 5832 12.50 Mountville NB Mountville, Penn. VF Ty II 3808 15.00 South Carolina NB Charleston, S.C. Fine 2044 26.00 First NB Chattanooga, Tenn. Good 1606 8.00 First NB Jackson, Tenn. VG $11.50; F-VF $16 2168 Holston-Union NB Knoxville, Tenn. VG 12.504648 Union Planters NB Memphis, Tenn. VG $9.50; F $13; VF $17 ; XF $20 ; Crisp AU $23 13349 Commercial NB San Antonio, Texas Fine 12162 15.00 Purcellville NB Purcellville, Va. Cr. XF-AU 6018 35.00 First Clark NB Northfork, West Va. VG 8309 14.50 Merchants NB Watertown, Wisc. Fine 9003 14.00 TENS Consolidated NB Tucson, Arizona AF 4287 $79.50 First NB Union Springs, Ala. AF (Ser. A000221A) 7467 24.00 Arkansas NB Hot Springs, Ark. Fine (Ser. F000728A) 2832 25.00 State NB Texarkana, Ark. VG-F 7138 23.00 First NB Julesburg, Colo. VG-F (Ser. A000236A) 8205 37.50 First NB Hartford, Conn. Fine 121 18.00 First NB Seaford, Delaware VG-F Ty II 795 42.00 First NB Tampa, Florida F-VF (Se•. F000150A) 3497 28.00 Citizens & Southern NB Savannah, Georgia Fine 13068 16.50 First NB Tomson, Georgia VG-F Ty II 9302 24.00 First NB Columbia, Dl. VG (Same last name sigs.) 7717 23.00 First NB Dyer, Indiana VG (Small town) 6909 23.50 Peoples American NB Princeton, Ind. VG 10551 15.50 Iowa-Des Moines NB & Tr. Co. Des Moines, Iowa XF-AU 2307 18.95 First NB Jewell Junction, Iowa Fine (Ser. E000250A) 5743 37.50 First NB Harper, Kansas XF (Ser. B000264A) 8307 28.00 Peoples NB Kansas City, Kansas Fine 9309 18.50 Second NB Lexington, Kentucky VG 2901 18.00 Whitney NB New Orleans, La. F-VF (VG-F $16) 3069 24.00 First NB Portland, Maine AF 221 24.00 First NB Gaithersburg, Md. Fine Ty II 4608 21.00 Framingham NB Framingham, Mass. Choice Unc. Ty II 528 34.00 City NB & Tr. Co. Battle Creek, Mich. Fine 11852 13.50 Winchester NB Winchester, Mass. F-VF 11103 21.00 First NB Little Falls, Minn. AF Sm. Town & Bank 4034 27.95 First NB & Tr. Co. Minneapolis, Minn. VG 710 12.50 Miners NB Eveleth, Minn. VF-XF (Ser. F000192A) 6991 36.00 First NB Biloxi, Mississippi Fine 10576 46.00 Britton & Koontz NB Natchez, Mississippi Fine 12537 47.50 First NB Peirce City, Mo. VF-XF (Ser. B000913A) 4225 24.00 First NB Belden, Neb. F-VF (Sm. ink mark obv.) 10025 32.00 NB of America Paterson, N.J. Fine 12383 14.50 Chase NB City of New York Unc. (VG $11; F-VF $12.50) 2370 19.95 Public NB & Tr. Co. New York A-VG 11034 11.50 Staten Island NB & Tr. Co. New York AF Ty II 6198 14.00 First NB Reidsville, N.C. A-VF Ty II 11229 34.00 Fargo NB Fargo, N. Dakota VG (Ser. E000296A) 5087 34.00 Ohio NB Columbus, Ohio Fine 5065 17.95 First NB & Tr. Co. Oklahoma City, Okla. Nice VG 4862 18.50 First NB Beaver Falls, Penn. Cr. Unc. 3356 34.00 Merchants NB Kittanning, Penn. Cr. AU 5073 24.00 Rhode Island Hospital NB Providence, R.I. VG Ty II 13901 25.00 First NB in Britton, S. Dakota VG (Dirty) (F000206A) 13460 35.00 First NB Memphis, Tenn. Fine 336 17.50 First NB Port Arthur, Texas Fine 5485 21.00 The Deseret NB Salt Lake City, Utah A-Fine 2059 32.00 Howard NB & Tr. Co. Burlington, Vt. VF-XF (D000387A) 1698 37.50 Vermont-Peoples NB Brattleboro, Vt. Fine 1430 23.50 Lynchburg NB & Tr. Co. Lynchburg, Va. VG-F 1522 16.50 First Seattle Dexter Horton NB Seattle, Wash. A-Unc. 11280 40.00 National Citizens Bk. Charles Town, West Va. Fine 7270 22.00 Union NB Eau Claire, Wisc. Fine 8281 17.95 Marine Nat'l Exchange Bk Milwaukee, Wise. VF-XF 5458 17.50 #'s $30.00 $29.50 $65.00 $75.00 $90.00 $100.00 ANA 45509 MNA 14 SPMC 823 Phone 894-4025 Area Code 601 $58.00 29.50 19.50 27.50 15.00 29.00 80.00 185.00 17.50 99.50 21.00 165.00 23.00 40.00 19.50 25.00 69.50 19.00 9.50 TWENTIES First NB Montgomery, Ala. F-VF Ty II 1814 First NB Gentry, Ark. Vg-F (Pencil marks on obv.) 12340 Bank of America San Francisco, Cal. VF-XF (AF $23) 13044 First NB Denver, Colo. F-VF 1016 First-Stamford NB Stamford, Conn. Fine 4 Nat'l Bank of Washington, D. C. F-VF 3425 Nat'l Metropolitan Bank Washington, D. C. VF 1069 Florida NB & Trust Co. at Miami, Fla. Unc. (D000734A) 13570 Citizens & Southern NB Savannah, Ga. Cr. AU 11068 First NB Carmi, Ill. VG (Ser. F000116A) 4934 NB of the Republic of Chicago, Ill. Cr. XF-AU 4605 West Side-Atlas-Nat'l Bk. Chicago, Ill. VF 11009 First Galesburg NB & Tr. Co. Galesburg, Ill. F-VF Ty II 241 Ayers NB Jacksonville, Ill. Cr. VF (F-VF $26.50) 5763 White Hall NB White Hall, Ill. F-VF (A000043) Ty II .. 7077 Nat'l City Bk. Evansville, Ind. VF (5000112A) 12132 Lincoln NB & Tr. Co. Fort Wayne, Ind. Cr. VF-XF 7725 Delaware County NB Muncie, Ind. VF-XF (C000730A) 4809 First NB South Bend. Ind. VF-XF 126 Commercial NB Charles City, Iowa Fine (E000058A) 5979 Peoples NB Clay Center, Kans. AF Two pin holes) 3345 First NB of Girard. Kans. VG-F (B000068A) Scarce 3216 Lawrence NB Lawrence, Kans. Fine (B000130A) 3849 First NB of Natoma, Kans. XF (F000107A) Sm. Town 9384 First NB Winfield, Kans. F (Jarvis & Jarvis Sigs.) 3218 Georgetown NB Georgetown, Ky. Fine (B000334A) 8579 NB of Kentucky of Louisville, Ky. A-VG 5312 First NB Crowley, La. Cr. New Lt. Wrinkle 12523 Whitney NB of New Orleans, La. Unc. (VG $26) 3069 Nat'l Bk. of Commerce New Orleans, La. Unc. Ty II 13689 Second NB Hagerstown, Md. New 4049 Framingham NB Framingham, Mass. Unc. Ty II 528 Safe Deposit NB New Bedford, Mass. F-XF 12405 Central NB Battle Creek, Mich. Cr. AU 7013 Miners NB of Ishpeming, Mich. VG-F (D000139A) 5668 First NB of Albert Lea, Minn. Fine 10000275A) 3560 Martin County NB of Fairmont, Minn. VG-F (B000007A) 5423 First NB in Minneapolis, Minn. AF 710 First NB of Canton, Miss. New (Sm. rust spot) Ty II 6847 Vicksburg, Mississippi F (Tiny repair top margin) 3430 Fidelity NB & Tr. Co. Kansas City, Mo. F-VF 11344 Thornton NB of Nevada, Mo. AF (E000327A) 9382 First NB of Neosho, Mo. Cr. AU (F000100A) 6382 First NB in Miles City, Montana VG Ty II (A000279) 12536 First NB of Missoula, Montana Unc. (A000701A) 2106 Theodore Jacobs Cashier, A. R. Jacobs President First NB of Alliance, Neb. Fine (B000056A) 4226 NB of Commerce of Lincoln, Neb. AF (A000614A) 7239 First NB of Wayne, Neb. VF-XF (C000069A) Sm. bank 3392 Merchants NB of Manchester, New Hampshire AF 1520 First NB of the City of New York Fine 29 Nat'l City Bk. of New York VG-F 1461 Otselic Valley NB of South Otselie, N. Y. (B000086A) 7774 First NB of Kings Mountain. N.C. VF-XF Ty II (A000659) 5451 First NB of Hampden, N. Dakota VG (D000017A) 7650 First NB of Bucyrus, Ohio VG-F Ty II (A000985) 443 First NB of Celina, Ohio F-VF (C000007A) 5523 Central United NB Cleveland, Ohio Cr. XF 4318 Citizens NB of McConnelsville, Ohio XF-AU (A000598A) 5259 Van Wert NB Van Wert, Ohio Fine (8000001A) 2628 Union NB of Chandler, Okla. VG Ty II (A000027) 6269 First NB of Hughesville, Pa. F '-VF (A000039A) 3902 Farmers NB & Tr. Co. Reading, Pa. F-VF 696 Peoples NB of Rock Hill, S.C. F-VF (A000451A) 9407 First NB of Deadwood. S. Dakota VG-F (F000614A) 2391 Cleveland NB Cleveland, Tenn. G-VG (B000879A) 1666 Hamilton NB of Chattanooga, Tenn. Fine 7848 East Tennessee NB of Knoxville, Tenn. Cr. AU 2049 First NB in Dallas, Texas VF-XF Ty II 3623 First NB in Houston, Texas VF-XF Ty II 13673 First NB Wichita Falls, Texas AF (Sm. ink spot) 3200 First NB of Layton, Utah VG-F (C000094A) Scarce note 7685 L. E. Ellison Cashier, E. P. Ellison President Page Valley NB of Luray, Va. Fine (C000028A) 6206 Seaboard Citizens NB of Norfolk, Va. VG 10194 University NB of Seattle, Washington VG-F (Pin holes) 12153 Puget Sound NB of Tacoma, Washington AF (E000743A) 12292 Old NB of Martinsburg, West Va. A-VF 6283 Batavian NB of La Crosse, Wisc. AF 7347 Marine Nat'l Exchange Bk. Milwaukee, Wisc. F-VF 5458 HUNDRED Bank of America San Francisco, Calif. Fine Ty II 13044 LARGE NATIONAL BANK NOTES FIVES FR. No. 598 American-Traders NB Birmingham, Ala XF-AU 7020 599 First NB Pomona, Calif. VG P3518 589 Anglo & London Paris NB S.F., Calif. F P9174 600 First NB Bridgeport, Conn. Cr. XF-AU 335 600 First NB Bridgeport, Conn. VG N335 534 Riggs NB Washington, D.C. G-VG E5046 598 Atlantic NB Jacksonville, Fla. A-VF 6888 574 City NB of LaFayette, Ind. Cr. Lt. fold M5940 598 First NB Sparta, Ill. VG M7015 609 First NB Onaga, Kansas Crisp AU 12353 Type II $5 First NB Onaga, Kansas Crisp AU 12353 Very sm. town. This nice pair priced reasonably 607 NB of Kentucky of Louisville, Ky. F-VF 5312 537 Commercial NB of New Orleans, La. Cr. AU S5649 600 First NB of Shreveport, La. G-VG S3595 592 Merchants-Mechanics NB Baltimore, Md. AF E1413 Napier and Thompson-Rare signatures 598 Webster & Atlas NB Boston, Mass. VF-F N1527 598 Webster & Atlas NB Boston, Mass. XF-AU N1527 537 Union NB of Lowell, Mass. AF N6077 598 First & Ocean NB of Newburyport, Mass. XF 1011 600 American Exchange NB Duluth, Minn. VG 9374 587 Mechanics-American NB St. Louis, Mo. AG M7715 8.00 601 NB of Commerce St. Louis, Mo. VG 9178 9.50 598 New Hampshire NB of Portsmouth, N. Hampshire VG 1052 18.00 607 Citizens NB & Tr. Co. Ridgewood, New Jersey F 11759 19.00 595 Fifth NB of City of New York Cr. XF-AU E341 59.50 606 Public NB New York Fine-VF E11034 14.00 587 First NB of Cleveland, Ohio Fine M2690 13.50 595 Mellon NB Pittsburgh, Penn. Unc. Ser. #29 E6301 105.00 599 Citizens NB Washington. Penn. XF-AU 3303 15.00 598 Phenix NB Providence, Rhode Is. Cr. AU 948 Write 599 Peoples-First NB Charleston, S.C. Fine 1621 25.00 601 Howard NB Burlington, Vermont Fine N1698 35.00 590 Nat'l State & City Bk. Richmond, Va. VF 58666 27.50 TENS 628 Consolidated NB Tucson, Arizona VG 4287 135.00 624 Sheffield NB Sheffield, Ala. Fine 56759 40.00 625 First NB Santa Ana, Calif. F-VF P3520 35.00 631 City NB Fort Smith, Ark. 624 Sheffield NB Sheffield, Ala. Fine 56759 40.00 631 City NB Fort Smith, Ark. VG (Close top margin) 510609 39.50 Parker & Burke-Lough signatures. 628 Consolidated NB Tucson, Arizona VG 4287 135.00 625 First NB of Santa Ana, Calif. F-VF P3520 35.00 627 Greeley Union NB Greeley, Colo. New Crisp 4437 Write 624 Middletown NB Middletown, Conn. VG-F N1216 24.00 614 Nat'l Metropolitan Bk. Washington, D.C. VG E1069 17.50 624 Atlantic NB of Jacksonville, Fla. VF 6888 76.00 545 First NB of Pensacola, Fla. Cr. Abt. New Rare 52490 395.00 628 Nat'l Exchange Bk. of Augusta, Ga. Cr. New 1860 67.50 627 First NB of Jerome, Idaho F-VF (Tiny repair rev.) ....P9680 90.00 628 First NB of Webster City, Iowa New (Tiny stain) 1874 58.00 577 LaSalle NB LaSalle, Ill. Cr. Unc. M2503 260.00 629 Rogers Park NB Rogers Park, Ill. F-VF 10305 60.00 Napier and Thompson-rare signatures 624 Indiana NB of Indianapolis, Ind. F 984 17.50 628 First N Bof Webster City, Iowa New (Tiny stain) 1874 58.00 632 Security NB of Arkansas City, Kansas Cr. AU 10746 65.00 615 Nat'l Bk. of Commerce Louisville, Ky. Fine S9241 18.00 625 Whitney-Central NB of New Orleans, La. Cr. XF 3069 44.00 626 American NB of Shreveport, La. AF 8440 36.00 624 First NB of Golden City, Mo. Cr. AU Sharp sigs. M7684 68.00 635 Nicodemus NB of Hagerstown. Md. VF 12590 36.00 613 First NB of Westfield, Mass. VF-XF N190 29.00 625 Negaunee NB Negaunee, Mich. Fine M9556 18.00 626 First NB of Albert Lee, Minn. Fine 3560 28.00 624 First NB of olden City, Mo. AU Sharp sigs. M768 68.00 624 Citizens NB of King City, Mo. VF-XF 6383 44.00 633 Nat'l Bk. of Montana Helena, Montana Fine 5671 85.00 625 First NB of Chadron, Neb. VG W3823 29.00 626 First NB of Secaucus, New Jersey VG-F E9380 26.00 628 State NB of Albuquerque, New Mexico VG W7186 125.00 416 NB of Newburgh New York XF 468 135.00 616 Mechanics & Metals NB of New York Fine E1250 24.00 626 First NB of Durham, N.C. Fine 53811 29.00 632 First NB Buxton. North Dakota Fine 10814 70.00 626 Fifth-Third NB of Cincinnati, Ohio XF M20 28.00 484 Teutonia NB of Dayton, Ohio VG M4054 45.00 632 First NB of McAlester, Okla. Abt. Fine 5052 64.00 627 United States NB of Portland, Ore. VG 4514 28.00 420 NB of Kittanning, Penn. F-VF 2654 135.00 484 Quaker City NB of Philadelphia, Penn. VF-XF E4050 65.00 630 First-Second NB of Pittsburgh, Penn. Cr. XF E252 32.00 624 Citizens NB of Woonsocket, Rhode Is. VG N970 48.00 625 Peoples NB of Charleston, S.C. VG 51621 29.00 62)i Whitbeck NB of Chamberlain, S. Dakota CR. XF ...W9301 85.00 626 City NB of Knoxville. Tenn. Cr. XF 3838 28.00 626 First NB of Orange, Texas Cr. XF-AU 4118 33.00 627 Baxter NB of Rutland, Vt. VF N1700 75.00 616 Nat'l State & City Bk. of Richmond, Va. XF-AU ...58666 39.00 628 Old NB of Spokane, Wash. Cr. AU P4668 60.00 613 First NB of Parkersburg, West Va. VG S180 22.00 624 First NB of Rice Lake, Wisc. VF-XF 6663 27.00 TWENTIES 651 First NB of Mobile, Ala. VG-F S1595 35.00 650 First NB of Newport, Ark. Cr. XF-AU 56758 64.00 640 First NB of Santa Ana, Cal. A-VF P3520 39.00 653 California NB of Santa Ana, Cal. F-VF P9904 45.00 651 Logan County NB of Sterling, Colo. A-Fine W7973 58.00 639 New Haven County NB New Haven, Conn. XF-AU ....N1245 65.00 640 Nat'l Metropolitan Bk. Washington, D.C. VG E1069 29.00 654 First NB of Key West, Fla. VG 54642 45.00 658 Fourth NB of Atlanta, Ga. New S5045 75.00 650 Lewiston NB Lewiston, Idaho Cr. AU P3023 140.00 652 First NB of Mt. Pulaski, Ill. Fine 3839 37.50 541 Continental NB of Indianapolis, Ind. Fine M9537 35.00 654 First NB of Webster City, Iowa New Lt. wrinkle 1874 64.00 659 Citizens NB of Great Bend, Kansas VG-F W5705 40.00 584 First-Hardin NB of Elizabethtown, Ky. AU S6028 460.00 659 NB of Kentucky of Louisville, Ky. VF 5312 27.00 653 Louisiana NB of Baton Rouge, La. VG 9834 67.50 650 Peoples NB of Waterville. Maine VF (Ink spot) N880 68.00 658 First NB of Baltimore, Md. VF-XF 1413 35.00 650 Southbridge NB Southbridge, Mass. Cr. AU 934 44.00 659 Citizens NB of Houghton, Mich. VG 5896 26.50 652 First NB Little Falls, Minn. XF 4034 56.00 650 First NB of Greenwood, Miss. AF (Sm. rust line) ....S7216 70.00 658 Union NB of Springfield, Mo. VF-F M5209 32.00 651 First NB of Litchfield. Neb. A-VF 8093 55.00 650 Nat'l Bk. & Tr. Co. of Port Jervis, N.Y. VF-XF 1363 29.00 650 First NB of Shelby, N.C. VG-F 6776 37.50 ADD 50 CENTS POSTAGE AND INSURANCE ON ALL ORDERS ANA 45509 SPMC 823 MNA 14 JOHNNY 0. Phone 894-4025Area Code 601 POST OFFICE BOX 714 HAZLEHURST, MISSISSIPPI 39083 $32.50 44.00 26.50 36.00 31.00 29.00 33.00 65.00 39.00 27.50 33.50 27.50 28.50 28.50 29.95 27.50 28.95 27.50 26.50 33.00 31.50 44.00 28.95 42.00 35.00 34.00 24.95 67.50 45.00 54.00 48.00 45.00 29.00 31.50 26.50 32.00 32.95 23.00 60.00 42.00 27.00 31.50 45.00 45.00 Write 32.50 26.50 55.00 38.00 23.00 21.25 25.00 47.00 60.00 29.95 29.95 26.95 31.95 45.00 35.00 31.00 26.95 45.00 68.00 21.50 26.00 36.50 28.95 31.50 26.00 60.00 46.00 24.50 27.00 27.50 32.00 29.00 25.50 160.00 NOW CATALOGUING THE JULIAN S. MARKS COLLECTION UNITED STATES PAPER MONEY APPRAISALS CONSULTATIONS • SOUND ADVICE IS WORTH THE PRICE. •••/ INNI•r= ••••7 11.1. • You CAN buy experience! Ours. Now, in our 42nd year as pro- fessional numismatists, we are helping more and more collectors and dealers, too, with their nu- mismatic problems. Be it buying or selling, estate planning or taxes, or just plain sound advice, the problems are coming to the "doctor", the pro- fessional's professional. It takes a long time to chalk up 42 years of experience. We have it and you can reap the benefits. It may well be your best numis- matic investment. Winner of many exhibit awards -PLUS- U.S. and FOREIGN GOLD and SILVER COINS 9.T.c• MAIL BID SALE SCHEDULED FOR OCTOBER, 1971 Telephone: 714-327-0158 Palm Springs, Calif. 92262 NOW IN PREPARATION: NEW YORK STATE BANKS OF THE NOTE ISSUING PERIODS OBSOLETE: 1784-1866 NATIONAL: 1863-1935 Compiled by ROBERT HOSKINS Many new features, including . Both early and national banks arranged by town, in alphabetical order. Easy-to-follow bank ti tle changes and all location changes and town name changes. Early banks that converted to national charters. An easy-to-use four page charter number locator. The outstanding circulation figures as reported by Louis Van Bel kum, along with bank liquidations and mergers . For the first time locate all of the banks of the towns that interest you, without pouring through long lists of charter num- bers. Many surprises will be found in the bank listings, a boon for collectors who like to pair obsolete and national notes from the same bank. The easiest to use guide ever offered, this book will be a must for collectors of both obsolete and national currency. Publication date, November 1, 1971. Price, $4.95 lsoftcover). Order by September 20, 1971 and pay only $3.95— Save a dollor for your collection! Hard-bound library edition $6.95, available on advance order only. Order from: PAPER NOTES, P. 0. Box 4, S. Richmond Hill, N. Y. 11419 Dealers: write on letterhead for discount schedule. THE MOST OUTSTANDING GROUP OF CIVIL WAR GENERALS ON SCRIP EVER OFFERED 25c Burnside Assoc., Haverhill, Mass., vignette of Gen. Ambrose Burnside, Dec. 1, 1 862—V.G., $25.00 NOTE: Nos. 1 thru 7 ref. Numismatist, Sept. 1962 In addition— 10c Kimball's Clothing House, Boston, vignette of Gen. Ambrose Burnside, Nov. 29, 1862—Unc., $30.00 10c C. S. Seaver, Bartons Landing, Vt., vignette of Gen. Nathaniel Banks—EF, $35.00 10c S. Cohen & Co., Boston, vignette of Gen. Nathaniel Banks, Jan. 1, 1863—EF, $25.00 5c Atwoods Oyster House, Boston, vignette of Gen. George McClellan, Nov. 1, 1862 VG, $20.00 5c McClellan House, Boston, vignette of Gen. George McClellan, Nov. 1, 1862 G, $13.00 10c Park's House, Boston, vignette of Gen. Joseph Hooker, Nov. 1, 1862 EF, $30.00 5c Congress House, Boston, vignette of unidentified Union General, Jan. 1, 1863 EF, $30.00 #9 50c Vinson Blanchard's Abington, Mass., vignette of A. Lincoln, Dec. 29, 1862 EF, $40.00 #10 5c Vinson Blanchard's Abington, Mass., vignette of Mary Todd Lincoln, Dec. 29, 1862—EF, $50.00 #11 5c John J. Bohler, Charlestown, Mass., vignette of Mary Todd Lincoln, Dec. 29, 1862—VG, $75.00 #12 25c S. S. Chamberlin, Boston, vignette of Benj. Franklin, Dec. 1, 1862 VF, $10.00 #13 10c Waltham Bank, Nov. 10, 1862—VG, $10.00 #14 Sc Waltham Bank, Nov. 10, 1 862—VG, $1 0.00 #15 5c Lincoln, Maine, Nov. 25, 1862 F, $12.00 PILGRIM COIN GALLERIES, INC. P. 0. BOX 16 STOUGHTON, MASS. 02072 STAR NOTES Large-Size Star Notes Friedberg 39 1917 $1 USN G/VG $ 9.00 VG 12.50 59 1917 02 USN VG 17.50 60 1917 $2 USN VG/F 17.50 91 1907 $5 USN G/VG 17.50 121 1901 $10 USN VG/F 80.00 237 1923 $1 SC XF 42.50 238 1923 $1 SC VF 32.50 253 1899 $2 SC VG 22.50 258 1899 $2 SC VG 18.00 280 1899 05 SC VG 45.00 713 1918 $1 FRBN VG 15.00 714 1918 $1 FRBN XF 75.00 739 1918 $1 FRBN G 12.50 759 1918 $2 FRBN XF 150.00 1173 1922 810 GC VG 35.00 Small-Size Star Notes 1928A $1 SC VG 5.00 VF 20.00 1928B $1 SC VG 7.50 1934 01 SC XF 50.00 CU 90.00 1935 $1 SC AU 50.00 CU 90.00 1935A $1 SC XF 5.00 CU 10.00 1935B $1 SC VG/F 10.00 VF/XF 15.00 CU 35.00 1935C $1 SC G 2.00 VG/F 3.50 AU 7.50 CU 15.00 1935D wide $1 SC CU 6.00 1935D narrow $1 SC *-13 CU 6.00 t -D CU 25.00 *-C VG 5.00 *-C AU 12.50 1935E $1 SC CU 4.00 1935F $1 SC CU 3.00 1935G motto $1 SC CU 8.00 1957 01 SC CU 2.25 *-D F 2.50 *-D VF 3.50 . -D CU 7.50 1957A $1 SC CU 2.25 1957B $1 SC CU 2.25 VG 2.00 *-A F 2.50 A VF 3.50 1928D $2 USN G 6.50 VF 20.00 1928F $2 USN G 6.50 VG 7.50 1953A $2 USN CU 10.00 1953B $2 USN CU 5.00 1928C $5 USN VG 12.50 VF- 20.00 1928F $5 USN F/VF 17.50 1953A $5 USN CU 15.00 1934 $5 SC G 10.00 1934A $5 SC VF 12.50 XF 17.50 CU 25.00 1934B $5 SC VG 20.00 1934C $5 SC F 10.00 VF 12.50 1934D 85 SC F 10.00 VF 12.50 XF 17.50 CU 25.00 1953 $5 SC XF 12.50 CU 20.00 1934A Africa $5 SC VG/F 25.00 1934A $5 FRN L-12 CU 30.00 1929 $10 FRBN B-2 G 32.50 1963A $1 FRN D000xxxxx* CU 1.75 1963A $1 FRN KOOxxxxxx* CU 1.50 PIEDMONT COIN COMPANY POST OFFICE BOX 848 BURLINGTON, NC 27215 MAIL BID SALE Bid by Lots. Closes July 8, 1971. Also uncut sheets of notes for sale. All notes listed by Donlon numbers. 1. X-105-B. V.F. Few spots from mounting; rare series B. 2. X-105-6. New. Few spots from mounting. 3. X-105-12. E.F. 4. X-105-15B. V.F.Spots from mounting. 5. X-105-24. V.G. 6. X-105-28. E.F. 7. X-102-31. Fine. FEDERAL RESERVE NOTES 8. X-505-A35. Boston. New 9. X-505-A35. Boston. V.F. 10. X-505-A38. Boston. V.F. 11. X-505-A37. Boston. V.F. 12. X-510-A38. Boston. V.F. 13. X-510-B37. New York. V.F. GOLD NOTE 14. X-610-31. V.G. Few ink spots on rev. SMALL NOTES 15. 201-1. New 16. 201-2. New 17. 201-2. E.F. 18. 201-3. E.F. 19. 201-7. E.F. 20. 201-8. New 21. 201-9. E.F. 22. 201-13. New 23. 201-14. New 24. 201-15. New 25. 201-16. New 26. 205-1. New 27. 205-2. New 28. 205-6. New For Sale or Will Trade for Old U.S. Coins: Sheets of 18 uncut notes UNC and crisp D-201-13-1935E $400.00 D-205-6-1953 600.00 On both sheets is $500 off list price of $1500. AMBROSE J. BROWN ANA 2507 SPMC 1661 63 Pond St., Marblehead, Mass. 01945 Phone 617-631-0016 29. 205-8. New 30. A210-2. E.F. 31. 201. Red R. V.G. NORTH AFRICA INVASION SERIES 32. A201-1. V.G. 33. A205-2. Fine 34. A210-2. V.F. HAWAII SERIES 35. HSO5-2. E.F. 36. H510. E.F. 37. H520-1. V.F. Rare SCARCE LITERATURE; REFERENCE COINS Cy PAPER MONEY IN THE AMERICAN COL- ONIES (CLEAN, UNFOXED CONDITION) JAMES R. HOSLER 80 SOUTH MAIN ST. MANHEIM, PA. 17545 A.N.A. A.N.S. " I 'I I II I II•1 III 11 III 11 1111 111 1111 1111 1111 1111 11 I WE BUY AND SELL LARGE SIZE U. S. PAPER MONEY WANTED: Choice Condition and Scarce Large Size Notes Only. SEND LIST FIRST, WITH CONDITION AND PRICES. L. S. WERNER 1270 Broadway, New York, N. Y. 10001 Phone LA 4-5669 SOCIETY CERTIFIED PROFESSIONAL NUMISMATISTS ASK YOUR FRIENDS ABOUT US WANTED FOR MY COLLECTION Uncirculated Colonial & Continental Paper Money 18TH CENTURY AMERICAN LOTTERY TICKETS IN NEW CONDITION (STIECEL LOTTERY TICKETS IN ANY CONDITION) FLORIDA OBSOLETES Listed by Freeman numbers and rarity 1 to 7 scale. Freeman's book on Florida notes—postpaid $4.00 $1 Bank of West Fla. Appalachicola Fr. #1, Rarity 5, VF $30.00 $1 Same #1, R-5, XF 35.00 $5 Same #3, R-4, VF 8.00 $10 Same #4, R-3, VF 7.00 $20 Same #6, R-5, VF 40.00 $5 Commercial Bank of Fla Appalachicola ....# 18, R-5, pr. 2.00 $10 Same #19, R-5, F 19.00 $5 Same, ends trimmed close #21, R-6, F 17.00 $5 Same #24, R-6, F-VF 45.00 25c Bank of St. Mary's (Ga. I Appalachicola issue #35, R-5, G 15.00 50c Scrip C. L. Friebele, Brooksville #1, R-7, G 55.00 $20 Bank of Commerce, Fernandina #3, R-4, U 27.00 $5 Bank of St. John's, Jacksonville ....#16, R-5, XF 17.00 $5 Same #15, R-4, VF 12.00 $2 Same, 3-1-62 #26, R-5, F-tear 30.00 $3 Same, 3-1-62 #27, R-5, F 30.00 $3 Merchants & Planters Bank, Magnolia #2, R-4, F-three edge nicks 35.00 $1 Bank of West Florida, Marianna ....# 1, R-7, pr. 45.00 $10 Bank of Pensacola #3, R-7, G 45.00 $1 Same #12, R-5, VG 30.00 $2 Same #13, R-5, VF 40.00 $5 Commercial Bank of Florida, St Joseph ....#1, R-7, VG 25.00 $5 Same #4, R-6, G 50.00 $5 Same #4, R-6, P-G 40.00 $1 Bank of Florida, Tallahassee #3, R-5, F 30.00 $2 Same #4, R-5, VG 28.00 $10 Same #6, R-5, VF 40.00 $4 Same #13, R-4, C.C.U. 40.00 12 1/2c Scrip Henry Rutgers, Tallahassee 1841 .... # 54, R-6, Cr. off, G. 30.00 $ 1 State Bank of Fla. Tallahassee Cert. of Dep. #65, R-5, G 15.00 $3 Same #67, R-5, VG 20.00 $2 Tallahassee R.R. Co. plain rev. ....#77, R-4, VG 15.00 10c Corporation of Tallahassee #83, R-4, G 12.00 25c Same #85, R-3, G 11.00 25c Same #85, R-3, Abt. G 9.00 50c Same #86, R-3, VG 10.00 50c Same #86, R-3, G 9.00 Will Trade for Wanted Florida Notes— National and Obsolete WARREN HENDERSON P. 0. BOX 1358 VENICE, FLA. 33595 WANTED: I MONTANA AND OKLAHOMA ALL CHARTER PERIODS Large National Bank Notes any denomina- tion, on the Massachusetts towns of : Brigh- ton, Brookline, Dorchester, Newton, West Newton, Newtonville, and Watertown. Also: First National Bank of Boston, Mass. Will Buy or Trade. ALL DENOMINATIONS Brownbacks on Massachusetts. Also, most Mass. large notes. We pay top dealer prices for required large note rarities; rare gold certificates wanted. M. PERLMUTTER, P. 0. BOX 48 WATERTOWN, MASS. 02172 (617) 332-6119. "Numismatic Dealers and Researchers; Specializing In U.S. Paper Money, Series 1861-1923. - Wibaux Mercantile Co. Wibaux, Montana 5c, 10c, 25c, 50c, 1.00, 5.00. Complete Set of 6 Pieces struck in BRASS $ 42.75 Wibaux Mercantile Co. short Set. 5c, 10c, 25c 18.50 $10.00 Paper Coupon Book complete. W. A. Graham & Co. Pryor, Oklahoma 39.25 $25.00 Paper Coupon Book complete. W. A. Graham & Co. Pryor, Okla. 39.25 Union Nat. Bank. Check. Bartlesville, Okla. 1922 2.00 Bonebrake Hardware Co. Clinton, Okla. Check. 190- 4.50 Bonebrake Hardware Co. El Reno, Okla, Ter. Check. 190- 8.75 Bonebrake Hardware Co. Erick, Okla. Check. 190- 7.50 Cotton Exchange State Bank. Elk City, Okla. Check 19 5.50 First Nat. Bank. Fairland, Okla. Check. 1930 2.75 Bank of Jenks. Jenks, Ind. Ter. 1907 Check. 10.00 Bank of Kaw City, Okla. Check. 190 - 7.50 Exchange State Bank. Kiefer, Okla. Check. 1910 5.50 First Nat. Bank. Marlow, Okla. Check. 195 - 1.25 Columbia Bank & Trust Co. Okla. City, Okla. Check. 190 - 5.00 Western Nat. Bank. Okla. City, Okla. Check. 191- 5.50 I am Buying Sheets of Old Bank Checks, Sheets of Broken Bank Bills, also Hoards of single Obsolete Items such as Bonds, Cer- tificates, etc. Also Trade Dollars of 1878, 1879, 1880, 1881, 1882, 1883. FRANK F. SPRINKLE P. 0. BOX 864 BLUEFIELD, W. VA. 24701 NATIONAL BANK NOTES FOR SALE FOR SALE National Currency, Series of 1929. All Type I Unless Indicated. $ 5.00 Paterson, N. J. Ch. 329 AU $19.50 $ 5.00 King City, Mo. Ch. 6383 T2 VG/F $11.00 $10.00 Savannah, Ga. Ch. 13068 VF $27.50 $10.00 Decatur, Ill. Ch. 4576 F/VF $16.00 $10.00 Clinton, Iowa Ch. 2469 VG/F $14.50 $10.00 Waterville, Me. Ch. 880 F/VF $19.50 $10.00 Chester, Pa. Ch. 355 T2 XF $22.50 $10.00 Wells River, Vt. Ch. 1406 Good $15.00 $10.00 San Antonio, Tex. Ch. 6956 F $15.00 $10.00 Grafton, W. Va. Ch. 2445 VF $20.010 $10.00 San Francisco, Calif. Ch. 13044 AU $17.50 $10.00 Tampa, Fla. Ch. 3497 VF $32.00 $20.00 East Rochester, N. Y. Ch. 10141 VG/F $26.50 Philippine National Bank Circulating Notes. 5 Pesos, series 1937 VF $ 7.50 2 Pesos, series 1921, Fair, rust holes & ink spoil an otherwise VF note, still scarce. $ 2.00 Please add $1.00 for postage on orders under $50.00. 5 day return privilege, satisfaction guaranteed. Robert C. McCurdy 7751 84th LANE NORTH, LARGO, FLA. 33540 S.P.M.C. No. 2281 Wanted : U.S. Nationals, Large & Small size. All types of Philippine currency under U.S.-control period. Write Today! LARGE SIZE U.S. PAPER Fr. la. Crisp UNC. F.O.B. Fr. 2. About Extremely Fine S 775.00 Fr. 8. About Extremely Fine 1,375.00 Fr. 67. UNC. 175.00 Fr. 93. UNC. 370.00 Fr. 144. UNC. 175.00 Fr. 285. About UNC. F.O.B. Fr. 469. Charter No. 1000, V.F. 150.00 Fr. 480. About UNC. Worcester, Mass. 130.00 Fr. 485. UNC. Lakeport, N. H. 250.00 Fr. 487. UNC. Gloucester, Mass. 175.00 Fr. 494. UNC. Bridgeport, Conn. 275.00 Fr. 494. UNC. Ripley, Ohio 275.00 Fr. 499. UNC. Lakeport, N. H. 350.00 Fr. 504. U.F. Tishomingo, Ind. Terr. 750.00 Fr. 595. UNC. Alaska, top of sheet 1,750.00 Fr. 605. Nashua, N. H. UNC. gem 85.00 Fr. 632. West Virginia, V.F. '75.00 Fr. 626. Intercourse, Pa. and Fr. 652, Blue Ball, Pa. Pair for 975.00 Fr. 814. V.F. plus 375.00 Fr. 816. Extra Fine 375.00 Fr. 818. V. F., dirty 360.00 Fr. 821. UNC. Cut close top 475.00 Fr. 827. V. F. to E. F. 400.00 Fr. 828. About UNC. 1,300.00 Fr. 1132. V. F. to E. F. 675.00 Fr. 1175. Fine, hand signed 900.00 Fr. 1209. UNC. 500.00 Woodcliff Investment Corp. WM. ANTON, JR., Pres. P. 0. Box 135 Lodi, N. J. 07644 Phone 201-391-9595 Life Member ANA 663 SPMC 2127 WANTED FOR AUCTION • Choice F. S. Currency LARGE, SMALL AND FRACTIONAL Deadline for accepting consignments to our November 1971 Sale—July 1971 Please send itemized list only. Commission fee-20% of the selling price. No other fees involved. • SUPERIOR STAMP & COIN CO., INC. 517 W. 7th ST. LOS ANGELES, CA 90014 PHONE: (213) 627-2621 OFF-BEAT OBSOLETE Receipt signed by George Hatch Eng. for notes sent to Comp- troller at Albany. It is dated March 6th, three days after the authorization of Rawdon Wright and Hatch to print the first stamps. The notes sent are engraved for the Catskill Bank. Very fine $ 35.00 Jefferson Bank of New Salem, Ohio 3/1/1817 V. F., J. W. Wilson Printer 25c, 50c ea. 25.00 North River Banking, New York City, V.F., 1840 $100.00 20.00 Mechanics Bank of New York, V.F., 1816. Very rare note. $5.00. (Signed by N. Fish, probably the father of Hamilton Fish.) 60.00 Colonial Bank of Canada, $3.00. Beautiful, hard-to- find note. Unc. 35.00 Concord Bank of Concord N. H., $5.00, Unc. Reed Printer 7/1/1820, view of Concord vignette 37.50 Farmers Bank of North Carolina, $6.00 Rare Denomi- nation V.G. but scarce in any condition 30.00 Farmers & Mechanics Bank of Cincinnati, $20.00, V.F., W. Harrison Sc. 1813, listed in P.M.'s report on Harrison 40.00 "The Smokers" vignette from BEP matched to brewer's permit printed by the Department in 187-. Very scarce vignette and even harder to match up with actual usage 75.00 We are consistent buyers of anything in paper money, vignettes, original drawings or what have you. Let us know what you have to sell or wish to buy. POST ROAD ANTIQUITIES BOX 286, RYE, N.Y. 10580 COLONIALS AND FRACTIONAL Conn. 6/ 1 9/76 1 sh choice unc. Unlisted by Newman $ 27.50 10/11/77 7d blue paper VF plus 12.50 Delaware 1/1/76 5sh AU $17.50; 6sh CU 27.50 5/1/77 3d scarce, Fine 15.00 Maryland 4/10/74 $8 XF $13; 8/14/76 $2 2/3 Fine 10.00 Massachusetts 12/1/82 3sh F-VF 75.00 New Jersey 6/22/56 15sh AU 50.00 12/31/63 6sh CU 45.00 3/25/76 3sh CU 18.00 New York 1/6/76 8sh CU 37.50 North Carolina 8/8/78 $40, edge fraying, clear of design, still fine for this issue 30.00 Penn. 4/3/72 2sh XF $30, CU 50.00 Rhode Is. 7/2/80 $1 CU $15; $20 AU 12.00 1786 5sh XF-AU $15; 40sh AU 17.50 South Carolina 2/8/79 $60 VF-XF 60.00 Virginia 7/17/75 3 pound Ashby Fine 100.00 Fractional All Uncirculated, Listed by Friedberg Num- bers: 1226 $15; 1232 $12; 1233 $12; 1238 $16; 1246 $12; 1255 $11; 1257 $9; 1265 $6; 1266 $6; 1283 $15; 1286 $16; 1294 $16; 1309 $7; 1328, gigantic margins $25; 1355 minor corner crease $25; 1379 $18; 1381 $18. 1276 15c Jeffries-Spinner. The Grant-Sherman obverse is superb. Red reverse just barely clipped on right side 85.00 Don C. Kelly SPMC PMCM Box 525 TEANECK, NEW JERSEY 07666 FRACTIONAL CURRENCY Pink Fractional Currency Shield: somewhat worn and foxed as all are. With original frame $2,750.00 Fractional Currency book with proof Frac- tionals, narrow margins, pasted in. 28 crisp notes consisting of obverse and re- verse of the following notes: Fr. 1231, 1243, 1282, 1313, 1227, 1238, 1232, 1244, 1251, 1283, 1314, 1291, 1355 and 1228. Book size 8 x 10 1/2", from the Spinner Estate $675.00 Original bundle of Fr. 1379 with wrapper ..$600.00 Uncut sheet of Fr. 1242 with full margins ..$650.00 Woodcliff Investment Corp. WM. ANTON, JR., Pres. P. 0. Box 135 Lodi, N. J. 07644 Phone 201-391-9595 Life Member ANA 663 SPMC 2127 HARRY • Is Buying and Selling Error Currency Large and Small Size Notes. ALSO BUYING RARE NATIONALS . SEND AND PRICE IN FIRST LETTER. • HARRY E. JONES P. 0. BOX 42043 CLEVELAND, OHIO 44142 WANTED TO BUY SAINT NICHOLAS OBSOLETE NOTES Any and all denominations of paper money pertain- ing to Christmas, Santa Claus, Saint Nicholas and sleigh with center vignette of Santa going up a chimney; From the following banks: $20 Conway Bank, Conway, Mass. $2 Maine Bank, Brunswick, Maine $2 Saint Nicholas Bank of New York $2, $5, $10 Bank of Sing Sing, Ossining, N. Y. $100 Spicket Falls Bank, Methuen, Mass. Other Santa Claus notes of $3, $20 and $50 show- ing Santa Claus about to go up chimney issued by other banks including The Howard Banking Co. as well as a $1 note showing the Saint Nicholas Hotel in New York City, The New York City Bank also issued Saint Nicholas National Bank Currency in $2 denomination. WILLIAM T. ANTON, SR. P. 0. Box 125, North Hackensack Sta. River Edge, N. J. 07661 PAPER MONEY BUY- SELL - TRADE ANY UNCUT SHEETS SMALL SIZE NOTES WANTED ON #3598 AND #13252, MASS. Best dealer prices paid, or trades made for Such Fr. Nos. as 267, 291, 292, 297, 323, 324, 586a, 1188, 1190, 1191, 1192, 1201, 1203, 1204, 1205. Also most Mass. Large Nationals, all Charter Periods. AMERICANA: Books, Documents, Checks, Letters, Notes, Maps, Certificates, Scrip, Autographs, etc. Inquiries invited. M. PER. LM A.N.A., A.N.S., S.P.M.C., P.M.C.M. P. 0. BOX 48 WATERTOWN, MASS. 02172 (617) 332-6119 WANTED: ILLINOIS NATIONAL CURRENCY Large or Small size-And all contiguous states. Write describing notes for sale. FOR SALE: LARGE NATIONAL CURRENCY Fort Collins, Col. #7837, Fr. #624, Good $22 Amboy, Ili. #5223, Fr. #581, Fine, $120 Dallas City, III. #5609, Fr. #490, Fine, $75 Galesburg, III. #241, Fr. #626, VG, $19 Milford, Iowa, #9298, Fr. #615, VF, $40 Fremont, Neb. #2848, Fr. #598, VF, $30 Cincinnati, Ohio, #20, Fr. #652, XF, $40 Montpelier, Ohio, #5341, Fr. #545, VG, $55 Toledo, Ohio, #809, Fr. #647, VG, $65 Norfolk, Va. #6032, Fr. #577, VG (bad cut) $80 Galena, Kans. #4798, Fr. #654, G, $36 New York, N.Y. #733, Fr. #494, G, $35 Wilkes Barre, Pa. #2736, Fr. #647, VG, $50 Donlon 405G, catalog $35, CU $20 Send your want list-over 200 notes in inventory. All local sales by appointment only. 7 day return privilege, postpaid. Steven R. Jennings 3311 W. Carthage, Freeport, Illinois 61032 Member SPMC, LIFE MEMBER ANA FRACTIONAL CURRENCY F. 1230-Abt. Unc. $10.00 F. 1234-Abt. Unc. 10.00 F. 1239 Unc. 18.00 F. 1241-Abt. Unc. 22.00 F. 1251-Unc. 24.00 F. 1257-Abt. Unc. 7.00 F. 1 265-Unc. 7.50 F. 1267-Abt. Unc. 25.00 F. 1269-Abt. Unc. 18.00 F. 1281-Unc. 18.00 F. 1286 Ex. fine 8.50 F. 1 291-Unc. 25.00 F. 1294-Abt. Unc. 11.00 F. 1296 Ex. fine 8.00 F. 1308-Abt. Unc. 4.50 F. 1312-Unc. 18.00 F. 1317-Unc. 18.00 F. 1 328-Unc. 38.00 F. 1373-Ex. fine 70.00 F. 1374-Abt. Unc. 24.00 F. 1376-Abt. Unc. 10.50 F. 1379-Ex. fine 10.00 F. 1381-Unc. 18.00 Many other colonial and obsolete notes in stock. Send your want list. Also want to buy. RICHARD T. HOOBER P. 0. Box 196, Newfoundland, Pa. 18445 COLONIAL CURRENCY New York-May 31, 1709. 5 and 10 shilling notes, both crisp gems, housed in maroon binder. These two gems belonged to Wayte Raymond and are plated in his Standard Paper Money Catalogue on Page 2. Personal letter of Wayte Raymond ac- companies notes $1,750.00 Pennsylvania-June 18, 1764. Three pence, Ben Franklin, crisp gem 275.00 New Hampshire-December 25, 1734, choice ex- tremely fine 795.00 Georgia-October 16, 1786. Crisp gems. 10 and 20 shilling notes. Each 265.00 South Carolina-February 8, 1779. Crisp gems $50 Atlas holding a boulder. Uncut Pair sheet of two notes 485.00 Virginia-July 17, 1775. Crisp gem fresh. 20 shill- ings one pound) 725.00 New Hampshire-August 24, 1775. Crisp flawless gem 800.00 South Carolina-April 10, 1778. Uncut sheet or block of 4 notes. 2 shilling 6 pence, 5 shillings, 10 shill- ings, and 3 shilling 9 pence. Crisp flawless gems 485.00 Woodcliff Investment Corp. WM. ANTON, JR., Pres. Phone 201-391-9595 P. 0. Box 135 Lodi, N. J. 07644 Life Member ANA 663 SPMC 2127 enlarged & revised 1971 standard catalogue of CANADIAN COINS tokens and paper money 19th edition by J. E. Charlton This publication provides the most complete, up-to-date and authoritative coverage of Cana- da's money 1670 to date, based on over 22 years experience and research by the author, and the assistance of other highly qualified numismatists. Now for the first time all these fea- tures in one volume of 200 pages. 0 Realistic up-to-date values • Complete listing of the deci- mal coinage of Canada & New- foundland with mintage figures • Complete listing of all Breton tokens • The most complete listing of pattern, proof and essai coins of Canada, Newfoundland and Maritimes • Complete listing of all government issue paper money of Canada & New- foundland • Complete listing of all known Canadian & New- foundland bank notes, including broken and defunct banks. Values for five grades • Complete listing of all known mer- chants' scrip, card money, army bills, provincial treasury and} municipal notes • Notes of all banks are listed in alphabetical order. Only clear, whole illustrations are used. The quickest reference and identification for all obsolete notes, redeemable & non-redeemable, and the numismatic value of each. • Recognized and popular coin varieties are listed & majority illustrated • Excellent photographs • Standard grading guide for coins and paper money • The most widely used reference hook in its field. Printed and Published in Canada Stiff Paper Cover $2.50 Cloth Bound $3.95 CHARLTON PUBLICATIONS, BOX 2002 WEST PALMETTO PARK STA., BOCA RATON, FLA. 33432 FOR SALE 1. U.S.A. LARGE AND SMALL SIZE CUR- RENCY. 2. U.S.A. LARGE AND SMALL SIZE NA- TIONAL CURRENCY. 3. COLONIAL CURRENCY AND DEPRES- SION SCRIP. 4. MICHIGAN BROKEN BANK NOTES AND UNCUT SHEETS. Send self-addressed stamped envelope for any of the above price lists. Will also BUY any of the above material. Write and de- scribe what you have to sell. Do not send material except upon my request. All in- quiries will be given immediate attention. ROBERT A. CONDO P. 0. BOX 304, DRAYTON PLAINS, MICHIGAN 48020 Member of: ANA, SPMC, CPMS, PMCM, CSNS -r,vaDttt:VIVZ,i'S TWENTY DOLLARS BANE of FLORENCE ablettattPi, e RANK nY FLORENCE f.vrti ITO c;i-t COINS & CURRENCY, INC. DOROTHY GERHSENSON 29 S. 18th STREET, PHILADELPHIA, PA. 19103 PHONE 215-L03-4232-2464 Penn. residents, add 6% sales tax. Orders under $10, add postage. Satisfaction Guaranteed. BROKEN BANK NOTES 1111.6VANDAL LAltOlt BANKING. HOUSE ma, 41;'74,‘ PENNSYLVANIA $10 Manual Labor Banking House dated Feb. 2, 1836. Handsome vignette of Labor. Crisp UNC. $5.00 NEW HAMPSHIRE $20.00 Piscataqua Exch. Bank of Portsmouth, N.H. A striking black and white note. Crisp, UNC. $3.95 VIRGINIA $5.00 Bank of City of Peters- burg. A beautiful red, green & black note to enhance any col- lection. Fine $10.00 MARYLAND $20.00 Hagerstown Bank. Black & white; striking. UNC. $5.95 NEBRASKA $1.00 or 5.00 Bank of Flor- ence. U/S, U/D. Black & white & brick-toned. Indian & Pil- grim vignette. Crisp UNC. $5.00 $2.00 Bank of Florence, Crisp. UNC. $6.00 MICHIGAN $3.00 The State Bank of Michigan, Detroit. U/S, U/D. A most colorful orange, black & white specimen of ABN Co. Crisp, UNC. $5.00 KENTUCKY $5.00 or 10.00. Your choice. Frankfort Bank. Both with lovely center vignette and dark borders. Crisp UNC. $4.00 $3.00 Bank of Florence, Crisp, UNC. $7.00 If You Are Interested In Colonial, Confederate, Broken Banks and/or Checks SEND FOR OUR MAY FIXED PRICE LIST OF COINS, CURRENCY & AUTOGRAPHS We Are Now Consigning for the Fall Auction. Come In Early! I NEED SOUTH CAROLINA PAPER MONEY I WANT TO BUY ALL TYPES OF SOUTH CAROLINA PAPER MONEY FOR MY PERSONAL COLLECTION. I Need — PROOF NOTES OBSOLETE BANK NOTES S.C. NATIONAL BANK NOTES CITY, TOWN & PRIVATE SCRIP I HAVE SIMILAR MATERIAL FROM OTHER STATES THAT I WILL TRADE FOR NOTES THAT I NEED. PLEASE WRITE FOR MY DETAILED WANT LIST. I Also Collect — PROOF NOTES WORLDWIDE SPECIMEN NOTES BRITISH COMMONWEALTH VIGNETTES USED ON BANK NOTES COUNTERFEIT DETECTORS BANK NOTE REGISTERS J. ROY PENNELL, JR. SPMC #8 ANA #11304 P. 0. BOX 858 ANDERSON, SOUTH CAROLINA 29621 The "Bible" for Collectors of U.S. Large Size Paper Money THE DONLON 116-PAGE ILLUSTRATED CATALOG Covers all issues 1861-1923. AVAILABLE IN CHOICE OF BINDINGS: CLOTH $4.50 FLEX. $3.00 Two copies, single mailing, deduct 25c each. * * * * * * * * * * BUYING U.S. LARGE SIZE PAPER MONEY NATIONALS, LEGALS, SILVER CERTIFICATES, COIN NOTES also 1929 $5.00 and $10.00 Nationals. Will buy large complete collection or single item! No offers without examination, but please describe before sending! * * * * * * * * * * A few copies remain of the illustrated catalog of the DONLON RESEARCH AND PERSONAL COLLECTION A reference book and collectors' item for years to come. Special to S. P. M. C. members $1.50 autographed. List of Prices Realized Mail Bid Sale held May 22, $1.00 Catalog and Price List to members $2.25 * * * * * * * * * * ANOTHER S.P.M.C. SPECIAL! The very scarce Red Seal $2.00 1928B (Don. 102-3) seldom offered and lacking in most collections. Cat. $500 New, $300. XF Special S.P.M.C. NEW $369.50 Abt. NEW $282.50 P. 0. BOX 144 WILLIAM P. DONLON PROFESSIONk NUMISMRTISts %Imo • INC United States Paper Money And Supplies, Exclusively S.P.M.C. NO. 74 UTICA, NEW YORK 13503