Paper Money - Vol. XII, No. 4 - Whole No. 48 - Fall 1973

yccxxxx.rcrcxcrcicx-x-rcrcyxxxcrc-xxxxxxx)c7,0cx-x-,cmcyx-An ii E Ei Ei Ei Ei E-3 Ei Ei f.3 ..? Eii [a-3 Ei [..3 Ei E-3 Esi i-3 Ei ...3 Ei Ei &..3 Another type of U. S. paper currency—the Postal Note. Nicholas Bruyer's exhaus tive study of this "forgotten chapter" begins in this issue. Ei Ei i...3 E-3 E-3 Ei VOL. 12 1-3 F.:41 f-3 it axxia.„x., -waxxxx,cy..,wax.x.,a,a.,- ,xxxxx.,,x.xxxxxxxxxxxxxx.:5 Ei E-3Paper iitone9 DEVOTED TO THE STUDY OF CURRENCY Ei f-3litrro BEAR WITH/.'[THREE NORM*,',ROMTRe Aitlfrilarerr 'CAroMpf or ISSIlE...01% 11-1-411711. 1973 Whole No. 48 OFFICIAL PUBLICATION OF NO. 4 society ei Paper )honey Collectom © 1973 by The Society of Paper Money Collectors, Inc. erb 16.75 19IFP 12.75 1935A 17.75 1935B WTD. 1935C Perfect Cr. New $ 200.00 435.00 650.00 1,350.00 Gem Cr. New $ 250.00 500.00 750.00 1,550.00 pROFESSIONk NUMISMITEISTS 11.0 •INC L SIZE NO Superb Crisp NEW, if icates not as we ER CER CN# u CN# 15 14.75 18.75 193 8.754' 4.50 6.50 5.50 7.75 1935 ,N/M 3.95 5.95 9.75 14.75 1935GAWW/M 5.25 7.75 5.50 7.75 1935H '"$5.85 5 3.75 4.95 199.75 249.75 1935D Wide Rev. 5.50 7.75 1957 84.25* 3.25 3.50 10.75 14 75 c r, 1935E avik, i-5.41-r-sl 71.-514.11) -1115 77C1-9,5 13-5"5 $4.257, 3.25 ,-3"-56 ,, ,,Write--WTD. ITISITTriir.127,7"b.o0' s., t•-• SPECIAL-1928 to_1957B _Set .(18). No. 1928..C, D., ,s-it.up. Cer hb (N,41...14-7..„..-54LsuPe..yr. 03 1.i, 2 i. ja uri 19361) to 1957R Set (10). CN # $34qpi „,, , 15§.7 P„,. '9 53.7 $1 FEDLKAL RESERVE kEET a. A .T. sats - Last 101ib3 Complete Complete.- - -- Iftfif gei - Last All Superb Crisp New: Sets 2 Nos. Match Star Sets 2 Nos,Match 1963 GI anahan/Dillon (12) 22.75 24.7o 1963A Granahan/Fowler (12) 20.75 1963B Granahan/Barr ( 5) 8.75 1969 Elston/Kennedy (12) 18.75 1969A Kabis/Kennedy (12) 17.75 1969B Kabis/Connally (12) 17.75 1969C Banuelos/Connally (10) 14.75 1969D Banuelos/Schultz (12) 16.75 1963/1969D=A1l Eight Sets (87 Notes) Same=Each Note with Identical Last Two Numbers 1963/1969B Star Sets (63 Notes) Same=Each Note with Identical Last Two Numbers Please advise-IF you wish to be notified when 1969C & 1969D Star Sets are available. Ask for our Special List of Small Notes-and Accessories. -PACKS (100) STAR NOTES WANTED- We Urgently Require-1969B Dist. 9; 1969C Dists. 2, 4, 5, 9, 12. 19691) Diets. 1, 2, 7, 9, 11. Please Write-or Call if you can supply these Star Packs. ++ WESTPORT CURRENCY ALBUMS ++ A DeLuxe Album for Displaying your $1 Federal Reserve Sets ; Punched for 3-Ring Binder. 1. District Page Sets (Hold Complete Set) 1963 to 1969D=Each 2. Block Page Sets (Holds Complete Blocks) For 1963; 1969; Each $6.95 ; For 1963A Set $13.95; For 1963B Set Page Set for Complete Small Size $2 Bills (16 Notes) Each DeLuxe Gold-Titled Custom-made Binder, Each Page Sets also available for Silver Certificates, National Currency and Large Bills. Please Ask for Descriptive List of these Beautiful DeLuxe Currency Albums. IMPORTANT BOOKS-POSTPAID 14128 11.75 1428A 9.75 1928B 13.75 1928C ...... Write 19281) 1928E 1934 (12)„, ,82.95 24,a fr2) ;''' , 41.95 23.75 9.75 ^.q.4:14) 7.95 8.75 20.75,., A (12) 19.95 21.75 19.75 • • (11) 20.75 18.75 (12) ' 19:95 - 21.75 15.75 Soon Write Write 17.75 ? Write Write 129.75 ,.. 164.75 105 134.75 2.95 19691) 3.50 3.95 4.95 1969A ; 1969B ; 1969C: 3.45* 14.00 1.85* 1.65* 1.15* 2.65* 3.95* 12.75 Donlon's "U.S. Large Size Paper Money 1862/1923" 3rd Ed. (Only $2.95 with Order) Friedberg's "Paper Money of the United States". 7th Ed. (Only $11.75 with Order) Hewitt/Donlon's "Catalogue of Small Size Paper Money". New 10th Ed. Goodman/O'Donnell/Schwartz' "Standard Handbook of Modern U.S. Paper Money". 3rd, Latest Ed. All you'll want to know about Block Collecting Kemm's "The Official Guide of U.S. Paper Money". 1974 Edition. Shafer's "Guide Book of Modern U.S. Currency". New 6th Ed. Wtrlich's "Catalogue of U.S., Canadian & Confederate Paper Money". 1974 Ed. Includes Fractional Currency. (Only $3.15 with Note Order) SPECIAL=Above Big Six Books "Starred" * WANTED-LARGE NOTES-WANTED EDUCATIONAL SERIES SILVER CERTIFICATES Paying following TOP Cash Prices : 1896 $1 History Instructing Youth 1896 $2 Five Females 1896 $5 Electricity, Etc. The Complete Set Notes-to Merit above Prices-Must meet these Requirements : GEM CN=Well Centered, Perfect Corners, No Pinholes, Brown Spots, Counting Smudges. Wanted-all Other Large Notes (no 1914 Feds.)-in Gem CN-or Perfect Crisp New. 100% Satisfaction Guaranteed. Please Add $1.00 under $50.00 (All Note Orders Shipped Via Airmail). Nebraskans Add Sales Tax. Send Want List for Prices on Large Notes. Why Not Give us a Try-You're Bound to become a "Bebee Booster." Bebee's. inc. "Pronto Service" 4514 North 30th Street Phone 402-451-4766 Omaha, Nebraska 68111 "O L. 1„1„ "!ARTFR WHOLE NO. 48 THE SOCIETY OF '.'ER MONEY COLLECTORS 1.:t R. Mueller, 225 S.. Fischer Ave., Jefferson, Wis. 53549 2..oy Pennell, Jr., Box 858, Anderson, S. C. 29621 I ∎ irect 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, Ft. Lauderdale, 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 an $8.00 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, $10.00 a year. Published every-other-month beginning January 1974. ADVERTISING RATES—PREPAID One Time Outside Rear Cover $40.00 Inside Front & Rear Cover 37.50 Full Page 32.50 Half Page 20.00 Quarter Page 12.50 One-Eighth Page 8.00 (Non-contract advertising accepted in order received, providing space available by deadline. Please reserve space early! All ad copy subject to 25% surcharge for composition in 6 point type or special effects. $2 per printed page charge for typing copy where necessary.) PAPER MONEY does not guarantee advertisements but accepts copy in good faith, reserving the right to edit or reject any copy. Publisher's liability for error shall not exceed the cost of space occupied by the error. No liability can be accepted for error resulting from illegible copy. Editor's telephone: 414-674-5239 Publication Schedule: Jan. - Mar. - May - July - Sept. - Nov. —By 1st of month preceding month of issue—editorial copy must be in editor's hands —By 15th of month preceding month if issue—advertising copy must be in editor's hands —By 3rd of month of issue—paste-up setn to printer —By 10th of month of issue—magazine printed and mailed CONTENTS Story of an Unissued $10 Silver Certificate, by Gene Hessler 168 Federal Reserve Corner, by Nathan Goldstein. II 170 The United States Postal Note, by Nicholas Bruyer 171 Corrections and Additions to Descriptive Listing of Montana Bank Notes, Drafts, Scrip and Warrants, by Harry G. Wigington 178 Type Varieties on 1929 National Bank Notes, by Peter Huntoon 179 1929-1935 National Bank Note Varieties, by M. Owen Warns 184 "Smiling Harry" Inflation Certificate 185 The Inflation Notes of Hungary 1945-46, by Dr. Mihaly Kupa 186 Known Counterfeit First Charter National Bank Notes 188 How "A Mystery of the South" Was Solved, by Brent H. Hughes 189 Postmaster vs. Postage Currency, by Forrest W. Daniel 192 What Do We Collect—Paper Money or Money Paper, by Forrest W. Daniel 193 THE SOCIETY OF PAPER MONEY COLLECTORS, INC. New Publication Schedule Revealed 163 SPMC 13th Annual Meeting 163 Library Notes 178 Secretary's Report 194 Money Mart 197 Three Times Six Times $108.00 $204.00 101.25 191.25 87.75 165.75 54.00 102.00 33.75 63.75 21.60 40.80 Ceciety of Paper ',limey Collectors OFFICERS President J. Roy Pennell, Jr. P. 0. Box 858, Anderson, S C. 29621 Vice-President Robert E. Medlar 4114 Avenue Q, Lubbock, Texas 79412 Secretary Vernon L. Brown P. 0. Box 8984, Fort Lauderdale, Fla. 33310 Treasurer M. Owen Warns P. 0. Box 1840, Milwaukee, Wis. 53201 APPOINTEES- 1973 -74 Librarian Barbara R. Mueller Attorney Ellis Edlow BOARD OF GOVERNORS- 1973 - 74 Thomas C. Bain, Vernon L. Brown, Forrest W. Daniel, James N. Gates, Maurice M. Gould, David A. Hakes, William J. Harrison, Brent H. Hughes, Robert E. Medlar, Eric P. Newman, Charles O'Donnell, J. Roy Pennell, Jr., Glenn B. Smedley, George W. Wait, 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, Wendell Wolka, P. 0. Box 366, Hinsdale, IL 60521 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 Vermont Obsolete Notes and Scrip by MAYRE B. COULTER $10.00 postpaid Postpaid to members, $10.00 Others, $11.95 Back Issues of PAPER MONEY $1.00 each while they last All issues from Vol. 4, No. 2, 1965 (Whole No. 14) to date are available at this time, however, some issues are in short supply. Issues prior to Whole Number 14 are sold out. A limited supply of bound books containing two volume- years each also available for $12.50 per book. Specify Vols. 5 and 6 (Nos. 17-24) ; or 7 and 8 (Nos. 25-32) ; or 9 and 10 (Nos. 33-44). 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 Second printing of 1973 now available postpaid to members $9.75; $12.00 to others. niiiIIIIIIIIIIII1111111111111111111111111111111111111111111111111111111111111111111111=1111111111111111111191011111111: E 1 1111111111 11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 111111111111111111111111111111111111I1111111111111111111111111111111111111111111111111111111111111111111111111111111111111117 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. PAPER MONEY reserves the right to edit or reject any copy. The opinions of the authors are not necessarily those of the staff or the Society. WHOLE NO. 48 Paper Money PAGE 163 9112w Sthedide ill2aecthd January - March - May - July - September - November Issues In 1974, SPMC starts publication of PAPER MONEY on an every-other-month basis, replacing the old every- three-months schedule. The magazine format will remain basically the same, subject, of course, to paper shortages affecting all publishers. Long-range plans call for mem- ber-participation columns, more complete Secretary's Reports to keep the new Directory up-to-date, worldwide new issues coverage, and editorials in addition to the usual in-depth articles. Improvements in graphics and overall appearance will also be undertaken as finances permit. Suggestions and constructive criticism about our new venture are always welcome. A schedule with issues in January, March, May, July. September and November will permit us to avoid a mailing in the Christmas season and to get out the convention news as soon as possible in the fall. The deadlines for reception of editorial copy and ads, sub- mission of the paste-up to the printer and publication mailing will be as follows: —By 1st of month preceding month of issue—editorial copy must be in editor's hands —By 15th of month preceding month of issue adver- tising copy must be in editor's hands —By 3rd of month of issue—paste-up sent to printer —By 10th of month of issue—magazine printed and mailed (Thus, for the January 1974 issue, editorial copy must be in the editorial office by December 1, 1973. and ad- vertising copy by December 15, 1973. The magazine will be mailed on January 10, 1974.) The present interval of approximately three weeks be- tween submission of ads and publication will remain. It is difficult to better this with a one-employee editorial office. For comparison purposes, here is the schedule of various commercial publications: SPMC 13th Annual Meeting THE thirteenth annual meeting of the Society of Pa-per Money Collectors was held during the ANA convention in Boston, Mass., at the Sheraton-Bos- ton Hotel, on Saturday, Aug. 25, 1973 at 10 A.M. President Pennell presided. The meeting was attended by 60 members. Secretary Vernon Brown reported that the Society had an active membership of 2,039 as of June 30, 1973 (and 2,115 as of date of meeting). This represented a net gain of 70 members over the previous year and marked the first time that SPMC had more than two thousand members at the end of a fiscal year. Mr. Pen- nell added that the Secretary had completed the prepa- ration of the Membership Directory listing members as of June 30, 1973. It contains a geographical as well as the alphabetical listing. It is to be distributed in December. World Coins—"In our office prior to May 1 for June issue" Numismatic Scrapbook—"In our office prior to July 15 for August issue" Numismatic News—Issue August 14, deadline August 1 Coin World—Issue August 15, deadline July 31 There will be little' more than a month between final submission of editorial copy and publication under the new schedule also. Advertising Rates Remain Basically Unchanged Despite the increased frequency of publication, the basic advertising rate structure will remain the same. The only change of consequence is in the contract rate, where an advertiser may choose to contract for three times or six times insertion. There is a 10% saving over the regular single-insertion rate for a three-time order and 15% for a six-time order. Copy may be changed as desired so long as it reaches the Editor by the 15th of the month preceding publication date. As before, non-contract advertising will be accepted in order received, providing space is available by dead- lines. All copy is subject to a 25% surcharge for com- position in 6 point type or for special effects. Engrav- ings are billed at cost plus 5%. Submission of typed copy is preferred; where necessary, a typing charge of $2 per printed page is levied. Advertising Rates—Prepaid T Six Times Times Position or One Time (Save (Save Space Size Insertion 10%) 15%) Outside Back Cover $40.00 $108.00 $204.00 Inside Front & Back Cover 37.50 101.25 191.25 Full Page 32.50 87.75 165.75 Half Page 20.00 54.00 102.00 Quarter-Page 12.50 33.75 63.75 One-Eighth Page 8.00 21.60 40.80 Treasurer M. Owen Warns reported that the Society had a net gain from operations for the fiscal year 1972- 73 of $2,029.19. A summary of his statements follows: SOCIETY OF PAPER MONEY COLLECTORS FINANCIAL STATEMENT AND TREASURERS REPORT Fiscal 1972-1973 CONDENSED STATEMENT OF OPERATIONS: Cash, on hand, June 30, 1972 $ 4,676.03 Income, fiscal 1972-1973 17,162.98 Total $21,839.01 Disbursements, fiscal 1972-1973 15,133.79 Cash, checking acc't., June 30, 1973 $ 6,705.22 CURRENT FUNDS, cash in banks : Marine Nat'l., Bank, Milwaukee, Wis. (checking) $ 6,705.22 Continental Nat'l., Chicago, Ill. (savings) 4,412.29 (includes $194.15 earned interest) Continental Nat'l., Chicago, Ill. (savings) 1,322.27 The Dr. Julian Blanchard Award Fund (includes $64.49 earned interest) Total cash assets $12,439.78 PACE 164 WHOLE NO. 48Paper Money Editor Barbara Mueller reported that the Board of Governors had approved the publishing of our maga- zine six times a year, beginning in January, 1974. She appealed to members for articles and advertising in order to continue the high quality of the magazine. As Librarian she reported that the entire collection had been renumbered in accordance with the new ANA sys- tem and a catalog has been included in the Membership Directory. With the number of issues of PAPER MONEY being increased from four to six a year, she said she would not have time to continue as Librarian. President Pennell then announced the appointment of Wendell Wolka to the post of Librarian. Richard Hoober. Chairman of the Wismer Projects Committee, reported that the books on obsolete notes and scrip of Alabama, Minnesota and Mississippi were near- ly ready for the printer. Mr. Pennell added that the Society still has for sale hooks on Florida, Texas and Vermont notes and scrip. He also called attention to the availability of the reprint of the Warns-Van Belkum- Huntoon hook The National Bank Note Issues of 1929- 1935 at $9.75 per copy to members. The original printing had been completely sold out. The books on obsolete bank notes and scrip of vari- ous states contain valuable information for the collector and dealer. Chuck O'Donnell mentioned one instance where the information he found in a book more than paid for its cost and thus it was extremely worthwhile to him. George Wait, reporting for the Nominating Committee, presented the nominees for the Board of Governors to serve for a three-year term: Vernon L. Brown, Forrest Daniel, William Harrison, Robert Medlar and Eric P. Newman. All of those nominated are currently on the board, except for Mr. Newman. who takes the place of Nathan Goldstein II. Since there were no other nominees, the Secretary was instructed to cast one ballot for the five listed above. All current officers were reelected. Glenn Smedley. immediate past president, was called on to introduce the governors of the Society and officers of other numismatic groups attending the meeting. Mr. Pennell also announced that annual dues would, of necessity be increased to $8.00, with members re- ceiving 50% more magazines for their money. Since there was no further business, Mr. Pennell turned the meeting into a question-and-answer session. The first question came from Leon Lindheim, who asked if an article on PAPER MONEY should be published in The Numismatist or in PAPER MONEY first, and if the maga- zine not initially selected would reprint the article. The Editor replied that any article that appears in either magazine can be reprinted in the other, with appropri- ate permission and credit line, but that it is more logical to have first publication of any such article for PAPER MONEY, with reprinting in The Numismatist. Dr. Nelson Page Aspen spoke of the high quality of paper used in our magazine and suggested that members submit articles to it rather than to some of the other numismatic publications which use poorer grade paper. The better the grade of paper, the longer life for the article. Discussion of Bicentennial Designs Dr. Aspen then brought up the subject of having a change in the designs on our paper money for the Bi- centennial Year of 1976. He referred to his letter printed in PAPER MONEY No. 47. In discussing this proposal. Mr. O'Donnell stated that Dr. Aspen wrote to the Chair- man of the Federal Reserve Board about the proposal because all currency now being printed consists of Federal Reserve Notes, and thus. if the Federal Reserve Board recommended a change, the Treasury Department would be more apt to approve it. Mr. Smedley was of the opinion that the Treasury and Mr. Conlon of the Bureau of Engraving and Printing would not consider any changes. Another suggestion was that Bureau overprint the currency with the Bicentennial star and date 1776-1976. O'Donnell requested that the Society approve the pro- posal made by Dr. Aspen and that he would be glad to follow up on this matter with the Federal Reserve Board. Frank Russell then moved that the Society endorse the Chester County Coin Clubs' Bicentennial note proposal as propounded by Dr. Aspen and that Chuck O'Donnell be named as the Society's representative to pursue the matter. The motion was duly seconded and carried. Regional Meetings An inquiry was made about the feasibility of appoint- ing a District Representative to attend regional numis- matic meetings to foster the Society and the sale of its books. Mr. Pennell agreed that the idea is an excellent one but the difficulty is in getting volunteers to man a table or booth during a convention. Some members have arranged for meetings and get-togethers of paper money collectors at some of the regional conventions and these have been beneficial to the Society. The meeting adjourned at 11:15 a.m. Two presidents and a vice-president: (L) Robert P. Charles, Vice-President, American Bank Note Co., with former and present SPMC Presidents Tom Bain (center) and Roy Pennell (right). WHOLE NO. 48 Paper Money PAGE 165 anuidcan !Scull Mk Official adcliu2ARA 50971C annual Nancluet Meciing A highlight of the annual SPMC banquet was the film and slide lecture on counterfeiting presented by special guest, Mr. Robert P. Charles, vice- president of sales of the American Bank Note Co. In a brief preface to the presentation, Mr. Charles told of the stigma and harsh penalties always connected with counterfeiting, "the second oldest profession." and ex- pressed the opinion that well-financed organized crime has supplanted the basement press operator because of the expensive, sophisticated equip- ment required to do the job. Using a CBS film about his com- pany along with slides, he demon- strated basic production similarities between stamps, bank notes and busi- ness securities. A General Electric debenture design was the vehicle used to bring out salient points. Mr. Charles told his audience, which included James P. Conlon, Director of the Bureau of Engraving and Print- ing, that the New York Stock Ex- change requires certificates of listed companies to have 20 square inches of engraved lathework and a three- quarters or fullface portrait vignette. The latter often requires as many as 15,000 minute lines. Script engrav- ing is produced at the slow pace of 12-15 words a day. Some of the slides showed genuine and fake securities side by side so Mr. Charles could point out how each engraved line has a definite beginning and end, while lithographed copies lose this fine detail. Other slides showed a siderographer enter- ing the multiple impressions of the transfer roll on the plate. Chemists working on ink colors not commer- cially available were also shown. The famous ABN planchettes were revealed to have two colors of fibers and two colors which fluoresce. No optical brightners are in the papers. Fakers reproduce the planchettes by printing, so they are always in the same position, whereas on originals they are scattered into the paper at random. Intaglio printing (engraving) is achieved under 90 tons of pressure; each finished item dries for 48 hours. The signatures and numbers are then applied, with the type font used for the numerals a company exclusive. All this is done in the full knowledge of Interpol, which is aware of the location of every intaglio press in the world. Vice-President Bob Medlar introducing the banquet speaker while Roy Pennell looks solemn. Wismer Project Chairman Dick Hoober looks smug as he turns away from the American Bank Note display with his share of the "loot." Walter Allan (right) receiving his Blanchard Award trophy from Awards Chairman Forrest Daniel. Mr. Charles brought with him two technicians from the company and an exhibit of notes, bonds, books and plates. After his lecture he and the assistants answered numerous ques- tions from the floor. One member asked how customers pay for their bank notes. Mr. Charles indicated that while most utilize accepted media of international exchange, some of the ex-colonial nations of Africa once proposed to pay ABN with the very bills it had just printed! Dr. Dickerson Wins Top Literary Award Counterfeiting a Popular Subject Culmination of the annual banquet festivities was the presentation by Governor Forrest Daniel of the Soci- ety awards for 1972-73, a list of which follows: First Literary Award—Dr. Richard E. Dickerson for "Counterfeiting in Germany After World War I," pub- lished in issue No. 41. Second Literary Award—Wril liam P. Koster for "Counterfeiting of Early U. S. Legal Tender Notes and Fractional Currency," in issues 42 and 43. Third Literary Award—Carl E. Houtz for "The Clearing House Cur- rency of Portland, Oregon," in issue No. 44. Special Awards of Merit for out- standing contributions to collecting and/or the Society—Mayre Burns Coulter for her book Vermont Obsolete Notes and Scrip in the continuing series of revisions of the Wismer listing; Richard T. Hoober for his years of service to SPMC and direc- tion of the Wismer revision project; William J. Harrison for compiling the comprehensive Index to the first ten years of PAPER MONEY; Natha.l. Gold- stein II for his long service on the Board of Governors and his promotion of the Society in other publications. The Nathan Gold Memorial Award —Dr. John A. Muscalus for his many contributions to the educational ad- vancement of paper money collecting. The Julian Blanchard Memorial Award for the best display at the ANA of essays and/or proofs of notes or vignettes appearing on notes or of the relationship of stamps to paper money—Walter D. Allan. ANA Awards to SPMC People Several SPMC members were hon- ored by the ANA at the Boston con- vention. One of the early members of the Society, Matt Rothert ( -1--`166) of Camden, Ark., received the Farran PACE 166 Paper Money WHOLE NO. 48 Zerbe award of the ANA, bestowed annually for distinguished service to the hobby. Mr. Rothert, a former ANA president, was honored for, among other things, his instrumental role in having the phrase "In God We Trust" added to all U. S. currency in 1955. He also worked toward the realization of ANA's permanent head- quarters in Colorado Springs. Matt Rothert is the foremost au- thority on U. S. fractional currency, having written A Guidebook of United States Fractional Currency (which is available from our Library). Por- tions of his collection have been dis- persed only recently by American Auction Association and a complete report on the sale will follow in our January issue. Also honored by ANA was another SPMC pioneer, Charles M. Johnson (#451), who received a medal of merit for supervising the construction of ANA headquarters. In the competitive exhibition at Boston, the following SPMC mem- bers took awards: —Edward B. Hoffman (#3386), a second for Military Payment Certifi- cates. —John H. Morris, Jr. (#277), a third for New England National Bank Notes of the first, second and third charter periods. — T. J. Fitzgerald (#3179), a first with "Numismatic Heritage," a dis- p 1 ay described and illustrated in PAPER MONEY No. 43. —C. John Ferreri (# 2 5 7 0) , a second with New England obsoletes. —Walter Allan (#1477), a first with "origin of bank note vignettes," a display which also earned the Blanchard Award of SPMC. CDtwiatlion The Boston convention of the ANA has been acclaimed as one of the finest ever, and SPMC was privileged to play a significant role, while paper money collecting in general was prom- inent in the bourse and exhibit areas as well as the social life. The Sheraton Hotel facilities were superb, with convenient inside access to the municipal auditorium that housed the bourse and displays. The entire Pru- dential Center in Boston's Back Bay area was within easy walking dis- tance through covered malls, with Saks Fifth Avenue and Lord & Taylor stores close to the hotel, satisfying the distaff side. According to Nathan Goldstein, at least some paper money was offered by nearly every dealer, with most interested in buying. Large-size notes, particularly National C u r r e n c y, President Pennell at the rostrum has the attention of (I. to r.) Editor Barbara Mueller, Secretary Vernon Brown, Glenn Smedley, Robert P. Charles and Veep Bob Medlar. Tom Bain in fine fettle conducting the traditional banquet raffle. Reacting to his humor (P) are (I. to r.) Editor Barbara Mueller, Secretary Vernon Brown (partially hidden) , Glenn Smedley, Robert Charles of American Bank Note, Vice- President Bob Medlar and Mrs. Medlar, and Forrest Daniel. Another reaction to Tom Bain's humor from the workhorses of the Society, (I. to r.) Treasurer M. Owen Warns, Editor Barbara Mueller, and Secretary Vernon Brown. WHOLE NO. 48 Paper Money PAGE 167 Looking serious before the lecture are (I. to r.) former SPMC President Glenn Smedley, Robert P. Charles, the speaker, and President Roy Pennell. Nathan Goldstein (left) and James P. Conlon, Director of the Bureau of Engraving and Printing, listen earnestly to the distaff opinion at their banquet table. seemed most popular. In fact, paper money in general seemed to be the "hottest" item, interest even exceed- ing gold coins and faddish silver bars. The first session of the Jess Peters, Inc. convention auction was marked by a full house and fast, brisk bid- ding. Evidence of the competitive spirit is the fact that only 39 lots of paper money went to mail bids. Some of the results (courtesy of Nathan Goldstein) were: —Two lots of "change-over pairs," $1 Silver Certificates Series 1935-D wide reverse to narrow reverse, $17.50 each. —Complete set $1 Silver Certifi- cates including R and S, unc., went for $900. —$10 FRN Series 1950-A, Series BD block with half Federal Reserve seal and all left serial number and Tr ea s u r e r's signature messy, CU, $35.00. —Uncut sheet National Bank Notes of Merchants Exchange National Bank of the City of New York, New York containing three $1 (Fr. 385) and one $2 (Fr. 392) EF with verti- cal and horizontal folds, $2,100 to a mail bidder. SPMC provided a hospitality suite for members and guests which was filled from morning until late in the evening as enthusiasts swapped notes and stories. The Board of Governors met there in a long session on Friday evening, Aug. 24th, in addition to many informal get-togethers. The Saturday morning annual business meeting (reported elsewhere) had a gratifying attendance. However, it is regrettable that due to scheduling difficulties our sister group, the Inter- national Bank Note Society, w a s obliged to conduct its meeting at the same time. Hopefully the ANA can find a solution to this problem next year. lb Later in the day, 208 members and guests, an all-time high, assembled for cocktails and dinner in the Con- stitution ballroom, an unusually attractive facility. Even the menu with fine prime ribs of beef, was a cut above the usual banquet fare. Next year, it's on to Miami! Plan now to join with your fellow mem- bers for a stimulating vacation. PAY31ENT OF 1974 DUES HAVE YOU MAILED IN YOUR CHECK IN PAY- MENT OF 1974 DUES? The regular dues notice was mailed to all inembers around December 1st, and this year it is important that dues be paid as soon as pos- sible. With our magazine now being published six times a year. instead of four, it means that members who have not paid their dues by March 1, 1974 will have their membership cancelled. In other words, in previous years you received the first issue PAPER MONEY in March; now you will the second issue for 1974 in March, as the first issue will be mailed in January. Your Board of Governors voted to increase the number of issues of our magazine from four to six per year because of greater interest in paper money in recent years and the continued growth of the Society. In this way the Society is able to given its members more in- formation on the subject and to keep in closer touch with them. The additional issues of the magazine mean extra expenses. Thus, in order to take care of some of these, such as costs of materials and supplies, labor and the possible increase in postage rates, the dues were raised to $8.00 per year. This is a reasonable increase as the actual cost of the magazine to members will be only 81A cents more per issue. If you have not done so. RENEW YOUR MEMBER- SHIP NOW. Mail your check for $8.00 immediately to the Treasurer, M. 0. Warns, P. 0. Box 1840, Milwaukee, Wis. 53201. Vt' VERNON L. BROWN, Secretary illtrigr)=1:411.__WEWIrffie PittnizslOSS OF rai.ON PAGE 168 Paper Money WHOLE NO. 48 The "Buffalo Bill" That Beat a Battleship Story of an Unissued $10 Silver Certificate By GENE HESSLER Issued design as a United States Note II T isn't often that a battleship is buffaloed by a bisonand beaten. However, that is exactly what happened in our paper money history between 1900 and 1902. Paper money collectors know that there were one, two, and five-dollar Silver Certificates issued in the series of 1899. However, few may know that there was also a ten-dollar note in the series that never left the Bureau of Engraving and Printing and survives to this day only as a die proof and a curiosity. The designs on paper money reflect the moods and feelings of a time in history as much as do coin themes. The period between the Spanish-American War and 1905 was in many ways similar to the present. There was an overseas war, doves and hawks, and an active ecology movement. In warfare, the wooden frigate had given way to the ironclad by mid-century. By the late 1800's, the great battleship, all iron, with no sails and with tur- ret guns appeared. The British H.M.S. Dreadnought opened the new age. The Spanish-American War had begun with the sink- ing of the battleship Maine. Admiral Dewey's battle- ships had sunk the Spanish ones at Manila Bay. Our great white fleet was due to steam around the world. Battleships became symbols of national pride and power. It was therefore decided to honor the battleship by placing it on a piece of currency. On December 22, 1900, the Treasurer of the United States, Ellis H. Roberts, sent a letter (which rests in the National Archives) to the Director of the Bureau of Engraving and Printing, Mr. W. M. Meridith. Its substance reads: Some time ago, in consultation with Mr. Sullivan, then acting director of your Bureau, I suggested that in pre- paring the new 10 dollar plate (of the Silver Certificate series of 1899 as authorized by acts of Congress in February 28, 1878 and August 4, 1886) it (the battle- ship design) should be first applied to Silver Certifi- cates. Since that time, experience shows that the volume of such certificates is likely to be exhausted in the smaller denominations so that few 10's of that kind can be used for a considerable period. For that reason, the demand for the $10 United States Notes promises to be very large and it will be wise to consider whether the new (battleship) design should not be first used for them. In view of recent facts, this would be my suggestion. The need for Legal Tender Notes is emphasized by the following quotation from Hepburn's A History of Cur- rency In the United States pp. 424-25: Silver is by law made the only available currency for the small everyday transactions of the people which are so largely effected by actual money rather than by auxiliary credits. Silver is thus laid under contribution to perform the daily exchanges of the workaday world, and cannot leave its task directly or indirectly to aid in withdrawing gold from the Treasury. Banknotes together with the silver certificates per- form all the essential functions of money, except that they do not possess the debt-paying power—are not legal tenders. Our widely extended country, with many commercial and business centres, requires a consider- able volume of legal tender money. The custom which avoids the use of coin makes a continual use for legal tender notes. A very large amount is continually in use for bank reserves. These notes are more useful than silver certificates, for while they are both readily redeemable at the Treasury, the notes may be tendered to and forced upon a creditor in satisfaction of his debt. For the note design, the battleship Massachusetts had been chosen. With it were to be two portraits of fam- ous naval officers, William Bainbridge and Stephen De- catur, both engraved by G. F. C. Smillie. The battleship vignette was engraved by Marcus W. Baldwin. The remaining portions of this handsome note were engraved by the joint efforts of E. M. Hall, G. U. Rose and R. Ponickau. Work began on January 8, 1900, and was completed the third of November of the same year. The note was never issued. my, Payilliii• 10I lit' PT OH nand 511.VETVERTIFICATr. ^". R mss^ _.= -WIT=cammiiirPF"-41 ` AlEtt t'w 1■1"11'Mtrq:}f I? I r+ t) I k.rte__troDASPrtrtFrg-LM--.L"--r---"I irt irk I) j"..L1E)VS,L, I't tl Val p-TriTriT.,,,arl„, WHOLE NO. 43 Paper Money PAGE 169 Original design (face) Original back. The issued back is the same except "United States Note" replaces the words "Silver Certificate" and the obligation is worded differently There were new moods in the nation and a new Presi- dent, Theodore Roosevelt. was in the White House. As with Viet Nam, many Americans had become disillu- sioned with the Spanish-American War. What had be- gun as an idealistic effort to free the Cubans and Fili- pinos from tyranny had turned into the brutal suppression of the Philippine insurrection. Mark Twain was the Dr. Spock of the period, bitterly writing against the outcome of our overseas adventure. Theodore Roosevelt could hardly be called a dove, but he had deep interests in our western heritage. The frontier was historically closed by 1900. The Indian exemplified by "Running Antelope" seen on the $5 Silver Certificate of 18991 was placed on reservations and the buffalo millions had been replaced by beef cattle on the plains. Roosevelt became impressed by the need to preserve and manage our natural resources. The days of endless exploitation were over. Only 21 bison were alive in the West, the sad remains of over sixty million of the animals in the previous century. Roosevelt camped with naturalist John Muir for several days in the West at Mariposa Grove and Glacier Point and was moved by the natural beauty. The nation was disillu- sioned with overseas adventures as typified by the battle- ship. The West was a legend to eastern city dwellers. Roosevelt led the new mood by establishing five national parks, 16 national monuments and 148 million acres of forest reserve by the end of his term. There is no evidence that Roosevelt directly ordered the end of the battleship design. But Roosevelt had taken a direct interest in the quality of the art work for our coinage. He had directly engaged the famous medallic artist, Victor D. Brenner, and the century's great sculp- tor, Augustus Saint Gaudens, to design some of our coins. Roosevelt was very interested in the western buffalo preservation programs. It seems very likely that he was responsible for ordering the battleship bill to be replaced by the buffalo bill to show the change of direction in American interest in his administration. The nation's top animal artist. Charles Knight, of the American Museum of Natural History, was engaged to create the buffalo design. The vignette was designed by Ostrander Smith and engraved by Marcus W. Bald- win. The two naval portraits were replaced by those of Lewis and Clark, the explorers of the Far West under President Jefferson. The latter portraits are also the work of G. F. C. Smillie. The choice was obviously PAGE 170 WHOLE NO. 48Paper Money influenced by the upcoming 1905 Lewis and Clark Ex- position in Portland, Oregon. Thus the "buffalo bill" was issued in 1901 as a ten- dollar United States Note instead of a Silver Certificate hearing a battleship as originally intended. Today, the battleship is as extinct as it seemed the buffalo would be. However, today, through careful conservation, there are over forty thousand buffalo back on the range and cared for in zoos. The battleship bill today is only a die proof in the files of the Bureau of Engraving and Printing. (The $10 note described in this article is one of many unissued designs illustrated in Mr. Hessler's recently published Comprehensive Catalogue of United States Paper Money.) Design Information-1899 Silver Certificates For those interested in knowing more about the $1, 2 and 5 Silver Certificate of the 1899 Series, I submit the following: The central vignette on the $1 note entitled, "Eagle with Flag, Capitol in Background" was originally pre- pared by the American Bank Note Co. In 1897, it was altered and transformed by G. F. C. Smillie. The por- trait of Lincoln was engraved by Smillie between Novem- ber 30, 1896 and February 8, 1897. The same engraver produced the Grant portrait between February 14 and March 21, 1898. The remaining portions of the face were engraved by G. U. Rose, Jr., E. M. Hall, E. G. Rose, M. W. Baldwin, R. Ponickau, and Jno. R. Hill. Two dies were prepared for the back. The first was engraved between March 15 and November 3, 1898 by G. U. Rose, Jr., W. F. Rowden D. S. Donaldson, E. M. Hall, M. W. Baldwin, L. F. Ellis, E. E. Myers, and R. Ponickau. The second die was prepared during May of 1912 by E. M. Hall and C. M. Chalmers. A number of SPMC members collect the higher de- nomination Federal Reserve Notes, Therefore, some in- formation on these seldom mentioned denominations is in order. For the $50 Series 1969, regular notes were printed for all districts. No star notes were printed in this Se- ries for the following: Boston, Atlanta, St. Louis, and Minneapolis. For the Series 1969A, we again had all districts releasing regular notes. However, we also had some districts which released no stars: Philadelphia, Cleveland, St. Louis, Minneapolis, and Kansas City. When the Series 1969B was reached, no regular notes were printed for Philadelphia, Cleveland, St. Louis, Min- neapolis, Kansas City, and San Francisco. In the star notes for this Series, a single district was printed — Dallas ( 128,000 notes I. This will be the only star ex- ample of this Series. The Series 1969C is currently be- ing printed and released, and only time will tell whether all districts are released. For the $100 Series 1969, all districts released regu- lar and star notes. Only 64,000 star notes were printed for St. Louis, Cleveland, and Minneapolis. When the Series 1969A was released, action was found in all dis- tricts for the regular notes. Star notes were released for all districts except Minneapolis and Kansas City. Here, St. Louis had the smallest release with only 64,000 notes. No notes, regular or star, were released in the Series 1969B. The series 1969C is currently being printed and released. The Tenth Anniversary Edition of the Hewitt-Donlon Catalog will be released November 15, 1973 and will sell for $1.75. I will be happy to supply autographed copies, when available. Your continued help and comments are welcomed. NATHAN GOLDSTEIN II P.O. Box 36, Greenville, Miss. 38701 The face of the $2 note bears a vignette entitled "Mechanics & Agriculture" engraved by G. F. C. Smillie during 1898. Commencing work in December of 1897 and continuing into 1898, Smillie also engraved the Washing- ton portrait. The remainder of the face was engraved by G. U. Rose, Jr., R. Ponickau, G. F. C. Smillie, F. W. Montgomery, and M. W. Baldwin. Between January 9 and April 20, 1899, the die for the back was engraved by J. P. Prender, G. U. Prender, G. U. Rose, Jr., D. S. Donaldson, E. M. Hall, R. Ponickau and W. F. Lutz. The beautiful and popular $5 note bearing the portrait of the Sioux Indian Chief "Running Antelope" is the work of G. F. C. Smillie. He began work during November of 1899. The other portions of the face design were engraved by G. U. Rose, Jr., R. Ponickau, G. F. C. Smillie, E. M. Hall, F. W. Montgomery, and W. F. Lutz. The design for the back was prepared between Decem- ber 1, 1899 and March 23, 1900 by G. U. Rose, Jr., E. E. Myers, E. M. Hall, and W. F. Lutz. Federal Reserve Corner National Bank Notes Stolen Acknowledgement I wish to express my thanks to Michael L. Plant of the Bureau of Engraving and Printing for his assistance in preparing this article. Mrs. Romana A. Banuelos, Treasurer of the United States, said at the ANA convention that she is not in favor of reissuing a $2 bill as a commemorative but would favor commemorating the American evolution Bicentennial by changing the reverse design of the $1 bill for one year in 1976. She said, but did not specify how, the Treasury expects to build a better relationship with paper money collectors. Jack Everson advises that his home was broken into on July 16 and four National Bank Notes were taken. They are: Fr. #633 $10.00, First National Bank of Downey, Cali- fornia, Charter P-11701, Bank Tally No. 764, Bureau Serial No. M500256H, Note "B". Fr. #627 $10.00, First National Bank of Santa Cruz, California, Charter No. 9745, Bank Tally No. 59, Bureau serial No. 59, note "A". Fr. #??? $5.00, County National Bank of Tr. Co., of Los Angeles, California, Charter No. 5927, Bank Tally No. 2117, Bureau Serial No. 2117. Fr. #563 $50.00, Milmo National Bank of Laredo, Texas, Charter 2486 S. Bank Tally No. 151, Bureau serial No. A6601, note position "D". This is the rare Second Charter dated Green Back. Anyone having information on any of the above notes, please contact Jack Everson, 1005 Cuthbert Ave. Midland, Texas, Zip 79701 or phone collect, 915-682-4836. Reward for their return. WHOLE NO. 48 PAGE 171Paper Money A Forgotten Chapter: The United States Postal Note By NICHOLAS BRUYER SPMC No. 3448 r..111■■•■•■*•■•■••• ■-■■■• ••••■ ■•■■•■•111■ ••■■••■••■•■ THE HISTORY of United States fractional currency is often generally summed up thus: "Con-gress authorized, first, the use of postage stamps for change; second a modified form of post-age stamp called postal currency; and, finally, fractional paper currency." * Recent consider- ation of this topic would seem to prove this summary a bit hasty. The issuance of fractional paper ceased, by act of Congress, on February 15, 1876. Did this signify its true conclusion? Was that the final act; the curtains drawn up tight, the concept of fractional currency spirited away to the dusty and unkind grave of a cupboard within the back room of some decaying government building? The answer is plainly No. On the contrary, the ideal of a fractional cur- rency as a viable, perhaps necessary, means of conducting business and serving the general public persisted and ruggedly reasserted itself for some seventy-five years after its issuance was allegedly terminated in 1876. The fifth issue of fractional currency (1874-76) was not the end of the fractional note as an entity, but rather just another of many steps that had their conclusion on March 31, 1951, when the last United States Postal Note was withdrawn from sale. If the postage stamp has fractional currency be revered types of paper were used in seemed to be in short supply. transmitted through the mails use of the people, all payable postal note somehow became been honored as the forefather of fractional paper, then so must as the progenitor of the United States postal note. All three of these the 19th century to bolster the circulation of coinage, which always Stamps, postage and fractional currency and postal notes all were for the payment of small sums of money. All were for the general to bearer. Yet, when the histories of paper money were written, the separated from its compatriots. * See page 4, Classified List of U.S. Postage and Fractional Currency, by Dr. F. A. Limpert, First edition, 1947. .111■■••■■•••■•■•••■■•■•■■••■••■■■■■■■••-■ ANCESTORS U. S. Money Order System HE U. S. money order system was created on May 17, 1864, its need accentuated by "the privation suffered by soldiers' families because there was no safe method of sending money by the mail," sullen testi- mony to the epidemic numbers of mail robberies that occurred during and after the Civil War. Actual issuance of the money orders began on Nov. 1, 1864, and an example of this early type of order is illustrated in Plates 1 (obv.) and 2 (rev.). Although this particular money order shown here is dated 1894, it is substantially identical to all money order forms used from 1864 until 1894. These money orders were designed for maximun security on the part of the Post Office Department, and were thus extensive and complicated, demanding a great deal of time on the part of the postal employee and patron to complete, and were large and unwieldy. The form itself consisted of two major parts: the money order form itself, and the attached advice. The Nicholas Bruyer is currently enrolled at the University of Texas at Arlington, having formerly attended the University of California, Berkeley, where he entered with Honors. Majoring in the field of physiological psychology, he has received a California State Scholar- ship and a Levi Strauss Scholarship. A paper money collector who defected from the ranks of coin collecting three years ago, his in- terests include vignettes, Americana, ornate paper money and short snorters. He is a member of SPMC, PMCM, LANSA, IBNS, CCRT and CPMS, and devoted to the philosophy that paper money as a hobby will someday stand on an equal footing with the coin field. Presently he lives in Irving, Texas, which, he states, is the real home of the "misnamed" Dallas Cowboys. Nicholas promises an article on some interesting short snorters in the near future. actual money order was a document issued to the pur- chaser for the amount of money desired and hand-can- celled at the upper left obverse by the issuing office with a stamp marked "M.O.B." (Money Order Business) at bottom. Like present-day money orders, this was to be mailed or delivered to the person to be paid, and the reverse of the money order allowed the payee to endorse it and make it payable to another party if he desired. However, the person to whom the money order purchaser was sending the order was never actually mentioned on the money order ; there was no "Pay to the order of ," as there is on all modern-day checks and money orders. This was the money order's foolproof security feature: Since the name of the payee was nowhere to be found on the form, it would be absolutely worthless to anyone who might obtain it by theft or otherwise as, not knowing who he would have to fraudulently represent himself to be in order to cash it in at the designated money order office, he could not sign for it or in any way prove that he was the legitimate owner. This is where the second part of the money order, the advice, came into play. At the time of issue, the name of the payee was written into the advice. This advice was then detached from the money order and immediately mailed by the issuing postmaster to the designated office of payment. Thus the paying office, upon receipt of the advice in the mail, had the full name and address of the payee, and only the person mentioned on the advice could cash the money order. This system, though complicated, afforded absolute security for the POD, the purchaser and the payee. This security also severely restricted the usefulness of the McGRAWVILLE, Nr Y, No. i1 ICE .11intey Orden ,,- nerd AtId 011trr on th, the foil in the .cr Awn"), THE PA SI TOP pors I en: the Order ts payable SURNAME McGRAWVILLE, N. Y. Money Order 1.01rd by II" framed Past r,mr, „v the a fog oftr.) P LI 40 the person turned in Letter of Advice of this nun" °r the/van:of ------ Dc "0. „.,- . . .. 1,40 1, N i.' I, THE 17! ell ro,, person who pone hosed 0,7077 SURNAME N 0, t ue. a>ar_. .,„n tn -.'rerrsdcal r rdot .r. .414.,44 4, Urns. 1 ,4,601,(0,. .1.411 III II III. II )% ( • MONEYOFH OS • 1 O n sl 44,4 PAGE 172 Paper Money WHOLE NO. 48 Plate 1. Old form of money order, in service from 1864 to 1894. Advice at left. It has been issued for June 30, 1894, the last this form of order was used. Plate 2. Reverse of old form of money order, with attached advice at right. Notice extensive and complicated instructions. (Courtesy Chase Manhattan Money Museum) money order : It was payable exclusively at the money order office designated on the face, not negotiable through banks, and could not be paid until the corresponding advice had reached the paying office. If the advice was lost, stolen or delayed, the payee was out of luck, and the original purchaser probably had to apply for a duplicate. These inconveniences were somewhat tolerable for the person who wished to send large sums of forty, fifty or a hundred dollars through the mails, but for small remittances of a few dollars or cents such extensive precautions were simply absurd. Paper Money PAGE 173WHOLE NO. 48 1.1911112MININIMP Postage and fractional U. S. currency served the public from August, 1862 until February. 1876, when its issu- ance was officially stopped. These notes were widely enjoyed by the people who, short of coin in light of the Civil War, had to revert either to sticky, messy postage stamps or credit to conduct their everyday business and make remittances by mail. Because of their size and lack of bulk, the fractional notes could be made to be undetectable in a letter, thus increasing the chances of the money arriving along with the letter, rather than disappearing into the pocket of some unscrupulous govern- ment employee. A NEW NOTE Preparations and Legislative Planning W ITH the retirement of fractional currency therecame, not unreasonably, a great clamor from thepublic for something to take its place. Postal officials were highly aware of this problem and did not want the public to revert to sending stamps or coin in the mail. In 1944, the Postmaster General, recounting a bit of the history of the Money Order System, said in his annual Report: ". . . Postal notes were first given thought in 1875, when the fractional currency (shin- plasters) was discontinued. This currency had been used extensively to send small amounts by mail." The Post Office Department began to consider proposals from both within and outside its administration for a suitable note to take the place of fractional currency. The new note should be oriented towards the public's own convenience and utility; it should "be of a convenient size for enclosure in the ordinary letter-size envelopes, engraved upon thin bank-note paper, and provided with effective checks against counterfeiting." The design of its form should be relatively simple, easy to fill out and understand. Preparations on a new note, a Postal Note, were seriously under way by 1880-81, and in 1882 a bill was prepared to be put before Congress. In drawing up the bill it was noted that on March 1, 1882, the American Express Company put into operation a money order system. American Express money orders were issued for sums less than $5.00 at a cost to the purchaser of 5c; the money orders could not be drawn for amounts less than $1.00, nor for sums not a multiple of 5c. Study of the Post Office's Money Order System showed that nearly half of all their orders issued were for sums less than $5.00. Thus, the new postal note would be highly competitive and useful if it might be issued for any sum less than $5.00, at a cost to the purchaser of 3c. The Bill, H.R. no. 5661, was debated by the House during the 47th Congress, first session, June 23 to July 25, 1882. Mr. Bingham of the Post Office Department, presenting this bill to the House, said: "(This) bill meets a positive and urgent demand for transmission through the mails of small sums of money at a very low fee, and with wise safeguards, which the bill indicates as a postal note, payable to bearer." The distinctive features of the postal note, as originally conceived and submitted to Congress, are as follows: 1. No written application to be required from the transmitter. 2. The postal note to be issued for sums less than $5.00. 3. It is to be issued without advice. 4. It is to be made payable at a particular money order office. 5. The orders are to be numbered consecutively for each office of issue. 6. The stub in the book of forms is the only record of issue to be kept in the post office. 7. The orders are to be payable to bearer. 8. A duplicate cannot be issued of a postal note lost in the mails or otherwise. 9. The orders are to be payable at any time within three months from the last day of the month of issue. If presented after the expiration of three months from the last day of the month of issue, they are to be cashed for an additional fee, equal to the original fee, for every three months, or fraction of three months in excess of such period. 10. The orders are to be printed in sheets, upon thin bank note paper, from engraved plates, and are to be separated from each other, and from the stubs, by perforated lines. The sheets are to be bound in book form. In discussing the bill, several alterations were made or proposed. The clause concerning redemption of invalid postal notes was modified so that a fee of 3c would be charged for replacement of any postal note older than three months from the last day of the month of its issue, regardless of how old the note was, whether three months, ten months or ten years. Thus any postal note rendered invalid by age could be replaced for a simple fee of 3c, whereas under the originally proposed legislation the replacement fee would have been 3c for each three months the note was invalid (a postal note invalid for 12 months would have cost four times 3c=12c, but under the bill as passed replacement only cost the standard 3c replace- ment charge). Another portion of the original bill stated that: . . . all blanks, blank-books, and printed or engraved matter sup- plied to postmasters by the Postmaster-General or used in his Depart- ment for the transaction of the money-order business shall be ob- tained from the lowest bidders for furnishing printed and engraved matter, respectively, under separate advertisements calling for pro- posals to furnish the same for a period of four years, upon such conditions as the Postmaster-General may prescribe; and the Public Printer and the Chief of the Bureau of Engraving and Printing of the Treasury Department are hereby authorized to submit proposals in conformity with the provisions of this section to furnish, respec- tively, such printed and engraved matter as may be required for use in the money-order business. Under this proposed section of the bill the Public Printer and the BEP were empowered to bid alongside private companies for the work of engraving and otherwise manufacturing a postal note. A Mr. Robinson, Congress- man from Massachusetts, inquired as to the nature and value of pitting the government against private com- panies in a bid for its own work: Mr. ROBINSON. Then how can outside parties compete with the Government? Can they furnish this work at less than cost? Mr. BINGHAM. I do not know that. Mr. LACEY. This provision is to place this matter upon the same ground as the printing of postage stamps. Postage stamps are now supplied by competitive bids ; they are not engraved by the Depart- ment, but supplied by contract. Mr. ROBINSON. Does the Public Printer or the Chief of the Bureau of Engraving and Printing put in proposals for postage-stamps in the same manner as provided here? Mr. LACEY. I do not know about that. Mr. ROBINSON. I think not. Mr. LACEY. The bill as first submitted by the Department left that clause out; but it was thought best to let the Public Printer and the Chief of the Bureau of Engraving and Printing come in as bidders, and if they bid below private parties, then they should take the work. It is to be let to the lowest bidder, especially as these are to be steel engravings. Mr. ROBINSON. My only suggestion is that there do not seem to be certain analogies which ought to obtain between the office of the Public Printer and the office of the Bureau of Engraving and Printing and outside printers. . . . I think it hardly a proper thing for us to provide that public officers of the Government shall, by making pro- posals for doing printing, come in competition with private parties. Mr. BINGHAM. I admit that the criticism of the gentleman is a fair one. As a result this section was amended so that, upon com- pletion of the bidding, the BEP and the Public Printer could submit separate bids for the work if they believed that they could do the work cheaper. Also, the reference to "lowest bidders" in the original clause was changed to "lowest responsible bidders." At the time this bill was being considered, there were about six thousand post offices designated money order offices in the United States, allowed to issue and pay money orders drawn upon them. There was a total of about 45,000 post offices in existence in America at that time. The government believed it would not be prudent to allow all 45,000 offices, most ignorant of the money order business, to issue the new postal notes; the notes were largely an experiment, and any problems that might arise NEW YORK, N. Y. ila. 2639,, . pol3tal erber _for sums less thaw five bullot-5. NEW YORK, N,Y. tio. 2(i:1 4.-)s. 2 6 7 8 9 o 0 Tens 3 3 4 4 5 5 .2 a tY ›-• O H F Paper MoneyPAGE 174 WHOLE NO. 48 46.611aMtr would be more easily handled by the 6,000 "veteran" first class offices, rather than 45,000 mainly inexperienced ones. Thus, under the guidelines to be established, only post offices able to issue money orders (offices with an annual revenue of $250.00 or more) would also issue postal notes. Because of these guidelines, some areas of the West were entirely devoid of any money order service at all. A Mr. Dunn of Arkansas addressed himself to the problem making this rousing speech to the House: Mr. Speaker, I believe that our postal service, with all its benefits and privileges, ought to follow the footsteps of the hardy pioneer wherever he may go in his brave and rugged march over our broad Western plains and distant mountains, for he it is who opens and smooths the pathway for the onward march of civilization and who receives the first as well as the rudest shock in conflict with the savage and other elements of obstruction that oppose its advance. I believe that it is the duty that the Government owes to that gallant pioneer to keep up this line and means of communication between him and the civilization that is behind him. However, the post office officials were adamant in their refusal to issue postal notes to the minor post offices. A money order office would be opened anyplace, the West or otherwise, that did $250.00 or more each year in busi- ness; by experience the Post Office found that offices doing less than $250.00 per year could not sustain the monetary demands of the money order business (remem- ber that money order offices must pay out, as well as issue, money orders). Despite these seemingly reasonable answers, the problem of equally distributing the postal note service to all people remained to be of some concern, and will be heard more of later. It has formerly been reported in another article on the U. S. Postal Notes that they were rendered "worth- less" after a certain perio(4 of time; this is false. As this bill plainly states: But nothing contained in this act shall be so constried as to prevent payment, out of current money-order fund:, by duplicate under the authority of the Postmaster-General, of any . . . invalid postal note more than seven years old, upon presentation of satisfactory proof to the Postmaster-General of any . . . invalid postal note more than seven years old, upon presentation of satisfactory proof to the Post- master-General of the ownership of . . . such invalid postal note in accordance with provisions of section 1 of this act. There is, then, a distinction between an unredeemable, worthless note, and an invalid note. An invalid postal note is one that, by reason of its age, being older than three months from the last day of the month of issue, cannot be redeemed through normal money order office channels, but rather must be redeemed through appli- cation filed with the Post Office Department. Finally, the bill included practical measures for implementing the postal note business and a prototype illustration of the proposed postal note, as a guide to be later used by the firm successful in obtaining the contract for the production of the postal note form: There is now employed at New York City a postage-stamp agent, with a force of clerks under his charge, whose duty it is to receive from the manufacturers supplies of postage stamps and to dispatch the same to postmasters. There will be the same necessity for the em- ployment of a responsible officer at the place of manufacture, who shall give bond for the faithful performance of his duties, to receive from the contractor (a) supply of postal notes, dispatch the same to postmasters, and generally to act as a responsible medium between the Department and the contractor for furnishing postal notes. Development of the First Design 3 4 master. Itevei veil the above. I Signature of the person who OblaillA payment. I A duplicate cannot be issued of this postal order if lost in the mails 01 - of herniae.. A tley the expiration of three months from the last day of the month of issue. ;his order will be payable only on payment by the holder of a fee if 3 vents. and if irny, than three mouths tan,l, pay have elapsed since the sa nd expiration, the hold, will he required to pay an additions I keel' 3 i„, „0:„„ • vents for every further period of three moat which has so elapsed, and for every portion of any suchporiod of three 01,0,1 over and above every complete period. . _ _ After 0114, paying this order, by w homsoever presented, the Post-Oftice Department will nit onsider any furl her claim. FIneds iineaud, E E Dale er 3 1! E N ore diawu muster on 't he NIoney tinier (Mice at Pa .,. to Beery, at an■ t nee within 'I: hive 5100111 , 15 .01 the sum of he last lay of Ow m onth at weer ,) I C..111, 1 ! Plate 3. Prototype "postal order," typeset design as appears in the Postmaster General's Annual Report and in the Con- gressional Record. The prototype note is shown in Plate 3. The portion at left of the note is the stub, to be retained in the post office. The far right of the prototype is to be used for punching out with a standard conductor's ticket punch the amount for which the note is to be issued to the purchaser, in "Dolls.," "Dimes" and "Cents," or "Hunds.," "tens" and "Units," printed at bottom. The cost of engrav- ing and printing a postal note was estimated at three- quarters of a cent each. The annual report of Postmaster General Walter Q. Gresham (1883) read: An act entitled -An act to modify the postal money-order system and for other purposes" passed both houses of the Congress, and was approved by the President on March 3, 1883. It authorized the issue of the postal note for sums less than $5, payable to bearer, provided for the purchase of all printed and en- graved matter for the money-order system from the lowest responsible bidder under contract for a term of four years. . . . Contracts have been duly executed with the Homer Lee Bank Note Company for furnishing postal notes and money-order drafts : with Messrs. Wynkoop & Hallenback, of New York, for furnishing bound blanks and blank books for the money-order business : and with Messrs. Natlack & Harvey, of Philadelphia, for furnishing unbound blanks for that business. The Homer Lee Bank Note Co., successful bidders for the engraving and printing of the first issue of postal notes, went right to work on their government project. Following the lead of the protoype note developed by the POD, they began to design a postal note that would be WHOLE NO. 48 Paper Money PAGE 175 Plate 4. Liberty vignette for the First Issue U. S. postal note. secure, practical, yet modestly attractive. A vignette of Liberty, encompassing the fee of three cents that was to be charged for issuing the note, was designed (see Plate 4). A sheet of four notes, printed only with the first plate used in manufacturing the note, is shown in Plate 5. A minimum of four, and perhaps five, print- ings were necessary to produce a complete postal note, and Plate 5 represents only the first plate impression, that of the security backgound design. After the sheet of notes was completely printed, it was cut in half, per- forated between the remaining pair of notes in each half, and finally bound into a book of 500 pages, ready to be sent to some money order office. As one may readily see in Plate 5, the security engraving executed by Homer Lee is extremely small and complex. Mr. Gilbert L. Peakes, an experienced and knowledgeable collector in the field of postal notes, describes the obverse background of the note: "The fine-print background of the body of the Note is not, as might be expected, an engine-lathe job . . . but rather some fine lettering. The top part of this background printing is in a diamond-shaped pattern carrying the words 'UNITED STATES' and 'POSTAL NOTE' plus a federal shield, a winged wheel, and an orb carrying the letters 'US.' The lower part of the printed background is a tangle of ribbons containing `13 S P N UNITED - STATES U S P N' and 'POSTAL NOTE' with a few pairs of letters such as 'US' and `PN' thrown into the spaces between the ribbons. All lettering is small, such that the word 'POSTAL' is only 4 mm. long." The second plate used in printing the note, containing designations, instructions, spaces for signatures and for punching the amount for which the note was to be issued, was not engraved but rather simply typeset. It can be seen, overprinted upon the first printing, in Plate 6 (compare with Plate 5). This plate also contained the printing for the post office record stub, seen at left. While the primary background plate was printed in brown ink, this second printing is in black. Plate 5. A complete sheet of postal notes after first printing, later to be overprinted, cut in half and bound in a book of 500. Note plate letters A, B, C, D, from top to bottom on each note to lower left of Liberty vignette. (Courtesy Gilbert L. Peakes) The third (and fourth?) printings are that of the name of the issuing money order office, printed in black, and the serial number of the note, printed in red (Plate 7). Compare this with the prototype note designed by the POD, Plate 3. Notice how strictly the format was fol- lowed, though incorporating artistic license. All features of the note are as they should be. The reverse of the note is the final printing. It is entirely blue in color, and not printed from an engraved plate. This is probably one of the strangest designs ever used on a circulating currency issued by the United States (Plate 8). At first glance it does not strike one as being a product of our country at all, but rather PAGE 176 Paper Money WHOLE NO. 48 Plate 6. The First Issue postal note after first overprint. Receipt to be retained in issuing office at left. (Photo: Adrien Bou:trelle) Pla e 7. Postal note with all printing complete, including serial number and issuing office. Error note: Issuing office spelled "Granville" on receipt at left, but "Grayville" on face of note. Plate 8. Reverse of the First Issue U. S. postal note, as issued. Printed in blue. some foreign issue. The design is rather informal and somewhat whimsical, as opposed to the normally stolid, bold and formal lines that dominate our paper currency, fractional currency and postage stamps. Instructions at the top of the reverse read: "If this Postal Note be not paid within three months from the last day of the month of issue it will become invalid and not payable, and the holder, to obtain the amount thereof, less an additional fee of three cents, must receipt this Postal Note, deliver it to the postmaster at the paying or at the issuing office, and sign an application for a duplicate payable to him by such postmaster. To be issued by the Superintendent of the money-order system. Washington, Dist. Columbia." The bottom reverse of the note states: "After once having paid this Postal Note by whomsoever presented, the United States will not be liable for any further claim." The Postmaster General announced that "The postal- note business was commenced simultaneously at all money- order offices on September 3, 1883. Some difficulty was WHOLE NO. 48 Paper Money PAGE 177 Plate 9. Obverse of First Issue postal note, as issued. First day of issue, 9-3-87. (Courtesy U. S. Postal Service) Plate 10. An uncut page of First Issue notes, as issued. Issued for lc each. PAGE 178 Paper Money WHOLE NC. LIP, encountered at the outset by reason of the lack of familiarity of the postmasters with the new forms, and system of punching adopted for designating the amount, but complaints on that score have very sensibly diminished. This means of making small remittances by mail has been extensively employed by the public from the inception of the system." A first day of issue postal note, serial no. 1, filled out, stamped and punched for the amount of the note, 25c, is shown in Plate 9. This is a U. S. postal note as issued. The postmaster filled in the name of the issuing office and amount of the note, signed it by hand, punched the two left columns for the month and year of issue and the three right columns for the amount of the note, and stamped the upper left circle with the cancellation mark of the issuing office. Plate 10 shows a photo of a page of unsevered notes as issued from the book. These particular notes were written in to be payable only at the San Francisco money order office, although they were issued in New York. These notes, like nearly all postal notes now exist- ing in collections' hands, were issued solely as a souvenir, a collector's item. It is issued to the purchaser for only one cent on each note, although it cost the purchaser 6c to obtain this pair of notes. Almost all postal notes to be found nowdays are issued for the amount of only one or two cents, and this author knows of only three notes issued for 25c, and merely two for 50c. I have never seen or heard of any postal note still existing that was issued for more than 50c, although POD records show that the average amount for which a postal note was issued in 1884 was $2.01. (To be continued) LIBRARY NOTES EMEBERS are reminded that all requests for library materials should be addressed to the new Librarian, Wendell Wolka, P. 0. Box 366, Hins- dale, IL 60521. By the time you receive this issue of PAPER MONEY, you will have received or will be receiv- ing shortly the new roster-cum-library catalog. Use it to keep Mr. Wolka busy! Dr. John Muscalus continues to supply us with copies of his interesting booklets and checklists, as detailed below. Also added to our collection are two brochures given to guests at our annual banquet in Boston by the American Bank Note Co. There evidently were other brochures available, too, but before SPMC officials, who were "trapped" on the dais, could get to the display, all were gone. Some people were seen leaving with several copies of each item, thus spoiling the good intentions of the donor to give everyone attending a copy of each item. The 1972 ABN Annual Report is a work of art with an engraved cover and a frontispiece of actual engraved vignettes with Chines motifs once used on stamps and paper money. There is also a full-color, two-page spread of engraved stock certificates, currency, traveler's checks, driver's licenses, and postal souvenir panels produced by American. The fraudulent security booklet contains an actual specimen of an engraved stock certificate and a litho- graphed fraudulent version of it for comparison. The Thailand catalog is an 8 1/, x 11 paperbound, off- set printed work. It contains an introduction, num- bering chart, illustrated list covering all issues since 1902. values, illustrations and identification of signatures and historical notes. Copies are also available for 55 each from the author at 7134 Carol Lane, Falls Church, VA 22042. The Haseltine Confederate catalog is a straightforward descriptive listing, with no illustrations, and is chiefly useful for its historical value. The missing number of the Bank Note Reporter was supplied by Richard T. Hoober and Keith Colman. New Accessions GA70 American Bank Note Co. Detection and rec- Al ognition of fraudulent securities. 4p. New York, N. Y. UM60 Little, Silas. Banknotes of Thailand. Falls Ll Church, Va. 1973. 24 p illus. (gift of the author) US25 American Bank Note Co. Annual report 1972. Al New York, N. Y. 16 p. illus. US20 Muscalus, John A. Bank notes commemorating M9 the landing of the Pilgrims at Plymouth. Bridgeport, Pa., 1973. 7 p. illus. US60 Haseltine, John W. Descriptive catalogue of 113 Confederate notes and bonds. Philadelphia, 1876. 36 p. (gift of Marvin Ashmore) US60 Muscalus, John A. Recycled southern paper M1 money. Bridgeport, Pa., 1973. 24 p. US70 Muscalus, John A. National bank notes of MI Buffalo and vicinity, 1865-1929. Bridgeport, Pa., 1973. 26 p. illus. Corrections and Additions to Descriptive Listing of MONTANA Bank Notes, Drafts, Scrip and W a r ran I s By Harry G. Wigington Please make the following corrections to my listing in PAPER MONEY No. 46: Page 58. Bozeman First National Bank: dates of operation should read 8-14-1872 to 9-14-1878 (not 1873) Page 61. Fort Benton No. 3: imprint should be WESTERN BANK NOTE COMPANY (not "None") Pages 61 and 70. Fort Maginnis No. 1 and Old Agency No. 1: The name of the Indian agent is H. A. Kennerly (not Rennerly) Just before the listing appeared, some 30 new unlisted items from Virginia City and Helena showed up. Since the listing appeared, more additions and some correc- tions have been submitted. These will be incorporated into a supplementary listing. Anyone having any more information on the subject is requested to write to the author at 4227 E. Williamsburg Dr., Harrisburg, PA 17109 so that the supplement will he as inclusive as possible. INKED SURFACE Paper Money PAGE 179WHOLE NO. 48 Noi■I■•• Type Varieties on 1929 National Bank Notes By PETER HUNTOON 711HE introduction in 1929 of small-size National Bank I 1 Notes marked a historical first in the production of United States currency. The bank information for each bank—including the bank title, location, charter number, and signatures—was overprinted from a single logotype plate regardless of denomination. Prior to this innovative change, the Bureau of Engraving and Print- ing was obligated to prepare individually and to main- tain a stock of face plates of each denomination for every National Bank that issued currency. Obviously. the old practice required the burdensome storage of thousands ol face plates. The overprints on the 1929 Nationals were printed from logotypes. As shown on Figure 1, a logotype is a printing plate that employs a raised surface. The raised portion is inked and prints the design as it is pressed against the paper. The logotypes were probably prepared by a photoetching process. If this is the case, a typesetter designed the layout using set type and sample bank signatures. The layout was then photographed and the negative of the photograph was used to expose the photosensitive surface of a plate. The unexposed portion of the plate was then etched. leaving the over- print in relief on the plate. Figure 1. A slug of type showing the topographi- cally raised printing surface Logotype printing is exactly opposite to intaglio print- ing. An intaglio plate contains recesses that are en- graved into the smooth surface of a plate. These are filled with ink, and the smooth surface is wiped clean. When the paper is pressed against the plate, the ink in the recesses adheres to the surface of the paper, form- ing the printed impression. The intaglio method is used where fine detail is required and is the process used to print the basic face and back designs of our currency. This paper is concerned with the different varieties of type used to overprint the bank title and location from the logotypes. The first information on these varieties appeared in the Standard Handbook of Modern U. S. Currency, Second Edition, 1969. Since then, revisions have appeared in the Third Edition of the "Standard Handbook." 1971, and also in The National Rank Note Issues of 1929-1935 in 1973. Type Varieties As logotypes were prepared, it was necessary to fit a great deal of information into a rather small space to the left of the portrait. This problem was particularly acute for banks with long titles or long town names. Consequently, the typesetter was provided with several sizes and varieties of type, which he was allowed to use with a fair degree of freedom in designing layouts. Be- cause of this, there are many varieties and endless com- binations for an earnest collector to pursue and enjoy. Type is classified by several characteristics, including the typeface. height, visual weight, and compactness of the capital letters. In printing parlance, the height of a letter is generally indicated by the size of the metal slug on which it is stamped (see Figure D . A point system is used to measure type, in which approximately 72 points equals one inch. Unfortunately, the printed capital letter is usually two to four points smaller than the slug, so it is impossible to gauge precisely the point size of a typeface by measuring a printed letter. For the purposes of this paper, the approximate height of the printed letter in inches will be used to describe the height of the type. Visual weight refers to the thickness of the lines that comprise a letter. Printed letters that appear dark and heavy are called boldface. The width of a letter is gauged by its degree of com- pactness. Varieties with perfectly round O's are nor- mal: those with fat, squat O's are expanded; and those with narrow, tall-looking O's are condensed. Several degrees of condensation and expansion are possible for a particular typeface. Figures 2, 3, and 4 show the different varieties of type that the writer has been able to identify. Although these are not reproduced actual size, they can be com- pared with a note using the height listed. When making comparisons. pay particular attention to the O's, which are diagnostically the most significant letters. The writ- er is confident that most of the typefaces used to print PAGE 180 Paper Money WHOLE NO. 48 Bank Title Height (inch) SOUTHWEST LOUISIANA AT 0.08 THE 0.08 BANK AND TRUST COMPANY OF 0.08 STOCKGROWERS AND 0.10 THE FIRST-STAMFORD 0.10 NATIONAL BANK AND 0.10 THE LOUISA COUNT!' 0.11 CHARLOTTE NATIONAL BANK 0.11 TRUST COMPANY OF 0.11 ALBUQUERQUE NATIONAL 0.12 NATIONAL BANK OF 0.12 NATIONAL BANK OF 0.12 Style Pastel bold condensed Pastel bold Gothic condensed American extra condensed American bold very condensed American very condensed American extremely condensed American extra condensed American very condensed American extra condensed American very condensed Gothic condensed American extra condensed Gothic condensed 0 0 Figure 2. Typefaces used to print the bank title State NEW MEXICO CONNECTICUT MISSOURI IOWA RHODE ISLAND Height (inch) 0.05 0.05 0.055 0.06 0.06 Style Pastel Pastel bold expanded Pastel Pastel very condensed Pastel WISCONSIN 0.07 Pastel condensed PENNSYLVANIA 0.07 Pastel Figure 4. Typefaces used to print the state WHOLE NO. 48 PAGE 181Paper Money Town Name Style Gravure Gravure expanded Gravure very expanded Gravure extra condensed Gravure very condensed Gravure condensed Gravure Gravure expanded Gravure very expanded Height (inch) MILTON 0.10 GLOVERSVILLE 0.10 STAMFORD 0.10 WHITE RIVER JUNCTION 0.11 COLUMBUS JUNCTION 0.11 WISCONSIN RAPIDS 0.11 PROVIDENCE 0.11 ALBUQUERQUE 0.11 ALBUQUERQUE 0.11 DOWNINGTOWN 0.12 WAPAKONETA 0.12 ALBUQUERQUE 0.12 SPARTANBURG 0.12 CASTLETON ON HUDSON 0.12 Figure 3. Typefaces used Gravure condensed Gravure Gravure expanded Gothic condensed Gothic hold condensed to print the town name the bank titles and town names are represented. How- ever, it is very likely that several additional state varie- ties exist, because it is exceedingly difficult to distinguish between them due to the smallness of the type. There is a great variation in the quality of printed letters on the 1929 notes. This is attributed in part to worn plates, but it probably resulted more commonly from poor transfers of the layout to the logotype plate. Because of these factors, the overprints for some banks appear more crisp than others, which makes compari- sons difficult. To illustrate the degree of variation, com- pare the charter numbers in Figure 5. Presumably all the charter numbers were identical in size and bold- ness, so the discernible variations presumably result from differences in the quality of the transfer from the layout to the logotype. Charter Number 1327 of Figure 5 is normal. The rarest bank titles are the 0.08-inch sizes. The Pastel bold "THE" is, by far, the rarest. The rarest town names are the Gothic varieties. The condensed Gravure varieties were reserved for long town names and are somewhat scarce, particularly the 0.11-inch very con- densed and extra condensed Gravure varieties. None of the state varieties are particularly scarce. It is most unusual to find notes with mixed typefaces in the hank title. The only two examples of mixed type- I 10 6 C) Co v.)Typeface Varieties About the only criterion that had to be met when a typesetter laid out the bank title and location was that this information had to fit into the space to the left of the portrait. Consequently, there are innumerable varieties both in type and format for similar titles on 1929 notes. In general, the typesetters seemed to prefer American titles and Gravure town names. However, a few mav- erick typefaces are found. CrES ,VE 6 0 Figure 5. Variations in the visual weight of charter numbers resulting from differ- ing quality of the transfer from the lay- out to the logotype; number 1327 is normal. ECIAP203WAS EOLESEMEROWEW rue THE SEARING NATIONAL RANK An TRUST COMPANY READING T INBLL.tUS ‘4911z, CO31:1 ti co T h E FARMERS AND MERCHANTS NATIONAL BANK OF EUREKA NEVADA WILL PAY TO THE BEARER ON DEMAND INN TEN DOLLARS . A 0 00136A Figure 6. Pastel bold "THE" mixed with Gothic type- face in the bank title TLITIONfLCEAT Tittarg_0004...TATmymfmo..,-` 0064 11.801111ERSOE NATIONAL TORSI AN SAVINGS DR ALBUQUERQUE NEW MEXICO no. wwy orrow wiwww ow otowwwo FIVE DOLLARS 0004099A MI1M11.-,,,f5TMIPME Iluota,"gomr,4■XT.,6_51.0,, , :4.3•• ABIIQUEINBA ▪ ALBUQUERQUE INA SWIGS BANK wo,F004661A I 2 4 NATIONAL BHTI. • NEW MEXICO 8Tx( orwoot ow on. wo FIVE IVIH.LAIRS 5 F004661A 1144.414.40;.ifig AL RUM Fl OUE 10038061 WOW TROST ANN SAVINGS BANK A.A.BUIRA . 1. QUE NEW MEXICO Inu TOTYq InaA,11 p114.0 TEN DOLLARS •1003806A TEN DOLLARS I. IILNIQUHION NATIONAL RBI ANN SAVINGS BANK ALBUQUERQUE wew *memo • tV !PUP. 70/1“ OM 004.TWERPIT INILIARS 4000023 12485 20 A0000,j TWENTY DOLLARS Paper MoneyPAGE 182 WHOLE NO. 48 ••■■■■=...Z.A.1.131 THE FIRST NATIONAL BANK OF WASHINGTON COURT HOUSE OHIO THE FIRST NATIONAL BANK OF CAPE MAY COURT HOUSE N EW ERSE Y Figure 7. Two-line town names Figure 8. Overprint varieties for the Albuquerque National Trust and Savings Bank Gothic varieties. However, town names exceeding 20 letters and blanks could not he handled with the type- faces known to the writer. Figure 7 shows two interest- ing examples of two-line town names that appear on 1929 Nationals. Other banks with two-line town names are certain to exist. faces known to the writer are shown in Figure 6. Both use a 0.08-inch Pastel hold combined with a 0.12-inch Gothic condensed. The 0.08-inch Pastel bold "THE" used by these two banks is identical to the "THE" of Series of 1929 Federal Reserve Bank Notes. Two-Line Town Names I t is very unusual for the town name to extend to two lines. As shown on Figure 3. names containing up to 20 letters and spaces could he accommodated by using 0.11- inch Gravure extra condensed or one of the 0.12-inch Format Varieties on the Same Bank Different overprints for the same hank are very com- mon. There are many reasons why a new logotype could have been prepared, such as accidental damage to the original, wear, a signature change, or possibly an objec- tion to the layout by a bank official. When a new logo- type was ordered, the typesetter appears to have been free to redesign it if he wished. Figure 8 shows four notes from the Albuquerque Na- tional Trust and Saving Bank. The earliest note is the WHOLE NO. 48 Paper Money PAGE 1 83 , ."*"4:6110•111111,11111MIMIL FIRST' MECHANICS WILKES-BARRE THE FIRST-STAMFORD SANTA FE THE FARMERS' O'FALLON THE CITIZENS' SOUTH ST. PAUL THE PEOPLE'S ST. LOUIS THE BOATMEN'S MT. AUBURN CITIZENS' McCONNELSVILLE it TRUST COMPANY OF McCOOK THE ST.AUGUSTINE THE McCOOK SAN JOSE Figure 9. Special symbols $5 with serial D004099A signed by Porterfield and Kass- man. Something happened to this logotype and it was replaced with the entirely new layout used to print the $5 with serial F004661A. Not only were the words rearranged, but also the height of type was reduced along with the size of the signatures. The $10 with serial A003806A shows a change in the cashier's signature from Porterfield to Love, but the rest of the layout remained identical to the layout on the $5 serial F004661A. The Type 2 820 is included to illustrate that no change in logotype took place between the Type 1 and Type 2 printings. Special Symbols There were numerous special symbols used to print the titles and town names. These include hyphens, apos- trophies, ampersands, periods, accent marks, and con- tractive "C's." A few of these varieties are shown in Figure 9. There is no end to the variations in these symbols; in fact, it is difficult to find two identical hy- phens or apostrophies for a given size of a particular typeface. Names of Typefaces There is considerable doubt that the names used for the various typefaces listed in Figures 2, 3, and 4 are technically correct. The names American, Go t h i c, Gravure, and .Pastel were supplied to the writer in a letter dated July 16, 1968 from Louis B. Cook, As- sistant Chief, Office of Research and Technical Ser- vices, Bureau of Engraving and Printing based on samples supplied to Mr. Cook. However, Mr. Cook states: "Our records do not reflect the style of type used to produce the various overprints . . . Although we can- not be positive, we are of the opinion that this old type was purchased from the American Type Founders Com- pany. The Bureau made this type up into logotypes." Acknowledgment The following people were kind enough to supply photo- graphs for this article: Roman Latimer, William Brady, and Art Leister. Jerome J. Fussell read the manuscript and made many helpful technical suggestions and editorial comments; however, any errors that remain are solely the responsibility of the writer. References Hu to , P. W. (1969, in L. J. Goodman, J. 1971) L. National Bank Notes Series Schwartz, C. O'Donnell: The of 1929 Standard Handbook of Modern editions. U. S. Paper Money, 1970 and 1971-1972 Huntoon, P. W., L. Van Belkum (1970) The National Bank Note Issues of 1929-1035: M. 0. Warns, Editor, Hewitt Bros., 212 p. (Second and revised printing 1973). Christmas Currency Checklist Appropriate to the season is a new mimeographed, 81/2 x 11, clearly illustrated booklet entitled "Christmas Cur- rency—An Illustrated Trial List," authored and published by Larry L. Ruehlen, 20614 Kenosha St., Harper Woods, MI 48225 (SPMC 2899). Included are obsolete notes and scrip with Christmas motifs. In his introduction, the author states that values have been purposely omitted so that they may be studied more comprehensively. Dollar values will be included in an expanded hardbound book Mr. Ruehlen is co-authoring with Arlie Slabaugh. It is scheduled for release in September, 1974. Iii'144441041_4, THE MIN SW TAMS Rank LIU UNION STOCK Y,SRDS KANSA* 114. OIM 77)1N, .116.(21. Pht• TEN 1114 11A.ILIt A000383A LTCP1.= TIE FINS! B001839A NATIONAL ARIA OF WASHINGTON MOWN CAROLINA Pr, /DT. IIKARI• Of.14.0 TION 11411.LAINPA 8001839A Tirlili()LI %It% TAIIITIMMUMMANIAMIA. Tit FIRST WOW WI IF SOUINEIN MESH 11 CO GRAN1 l'ASS 0111 OON TWENTY IN)IJ.US& ,4000288A 4"4A-e-4,Jr- A000288A 11# UTIONJ1 11111 Of BOOMERS FERRY MARIO 5 .4;i;;;;;..;:;417;; 0000039A , mivoilitits- INF PILOT POUT RATIONAL PILOT POINT C000348A MOM 5;13 1;;;;;:;:ii7; 0000348A f\C PAGE 184 Paper Money WHOLE NO. 48 : 9:5 111111011ft BRAN110TE VARIETIES BY...M. OWEN WARNS W ITH the publication The National Bank Note Issues of 1929 - 1935 in 1970, there has been asteady stream of additional varieties of this issue reported by the membership. In view of this interest our Society has decided to continue to make these varieties known to its members through this column that will appear in succeeding issues of PAPER MONEY. Members wishing to report note varie- ties or unreported notes seen in circulation can do so by contacting M. 0. Warns, P. 0. Box 1840, Mil- waukee, WI 53201. Additional Interesting National Bank Titles A. The only National Bank without a city in its title. The place is not listed in Rand McNally, Zip Codes or phone routing guides. .91EL•IFIYArlii"1"24'."!* *Tit4A4- -, '.: ' - S4.1 • Tit TIPP 3004 A001931 J WOK WAIF TAPPEC.ANOI (IFS POO FIVE DOLL1Litt4 A001931 3004 B. The TIPP National Bank of Tippecanoe City sounds like a new approach to the famed John Tyler slogan! C. Washington, N. C. was the first city in the U. S. to be so named. Washington, D. C. came into existence five years later in 1800. D. Grants Ridge was cleared by General Grant's veterans mak- ing way for him to pass into California while campaigning for the Presidency. E. Bonners Ferry was named for the early settler who plied across the Koolenai River, whose source is in Canada. It flows into Idaho and then back into Canada. F. Pilot Point, an inland town of 1,600, is located 300 miles from the sea. Beware, seafarers, you are on dry land! TEN DOILIARS INA TINS? 4:c lAVTANNIA AAV, ALMO •■)".-rmi■Var.a. I IMAIITA3144LAN 9000174A *.24,417.MIWACk. 8000174A TOE HOST NATIONAL BANG Of Os ORD ;FEN IM)IJARS 4000090A 4, N az, COLLECT E FARMING, RAILROADS, OIL, MINES UTILITIES CIVILIZATIO MORTGAGED FOR THE NEXT 1000 YEARS SLAVE TWO DAYS OUT OP EVERY WEEK TO PAY TAXES TANKS FOR OSSO iELtMENTED YOU KNOW SOMEONE IN WASHINGTON SLOW DOWN IN DEFENSE PRODUCTION SERIES ONE HIJNIDFIE WHOLE NO. 48 Paper Money PAGE 185 C. Amo ! No one seems to know how the town got its name. It was founded in 1857, and the bank was liquidated in 1932. H. Ord was named for U. S. Army General E. a Ord ; it was founded in 1876. The present population of Ord is under 2,000. For other three- letter cities, see again available in a second, 1973 Coming in January—A complete, by M. 0. Warns. Watch for this page 102. The National Bank Note Issues of 1929-1935, which is once printing at a cost of $9.75 to members. I l lustrated listing of the Territorial National Banks of the Hawaiian Islands significant addition to the literature of the popular specialty. "Smiling Xavui" gnetation Ceittificati2 Paper money collectors and political Americana enthusiasts, to say nothing of government scandal watchers, will he interested in the fantasy note illustrated here through the courtesy of Nick Bruyer. It dates to the Harry Truman period. While most of the allusions are still fairly obvious to us today. the significance of the signatures is not clear. They are: "E. J. Mantooth, Habitat of Baily's Reef" and "jack Fulshear, Shrimp Boat Cap- tain." The note was copyrighted by Mantooth in 1952. The inscription "Houston, Texas" also appears at bottom right. PAGE 186 Paper Money WHOLE NO. 48 An Object-Lesson for Americans The Inflation Notes of Hungary 1945-46 By Dr. Mihaly Kupa World War II not only brought devastation to the Hungarian soil but it wrecked the country's financial system as well. After the war it became necessary to completely reorganize the monetary system. By the end of the war—in 1944 the bank note cir- culation in Hungary reached 20 billion pengoe. This inflated level of currency in circulation could be traced in large measure to the financial measures which had been introduced in 1939. The figure of 20 billion pengoe compared to a total of only 545 million pengoe in bank notes which circulated throughout all of Hungary two years previously. Because of the immense difficulties in printing paper money brought about by a lack of materials, skilled labor and equipment, it was not possible to begin immediate reissuance of bank notes at the conclusion of the war. Fortified by three Russian loans, the Hungarian Finance Ministry was ready by July 1945 to issue its first post- war notes. The first note in the denomination of 100 pengoe was released on July 16, 1945. This issue marked the first of the notes now known as the Hungarian inflation series. There followed a rapid inflation requiring the issue of notes in ever-increasing denominations. The inflation, which lasted a little over a year, saw the value of pengoe denominations rise to the 100 million pengoe mark on March 18, 1946, whereupon the monetary unit was changed to milpengoe, each new unit now being equal to one million of the old pengoe. Milpengoe notes were issued until June 3, 1946, when the overwhelming infla- tion caused the abandonment of the milpengoe unit for the bilpengoe (written on notes "B. PENGO"). The last old milpengoe series was the one milliard milpengoe released on June 3. 1946. The same day the changeover to bilpengoe notes was effected with the issuance of the ten thousand bilpengoe note. One bilpengoe had the equivalent value of 1,000,000,000,000 of the old pengoe. The inflationary spiral continued until the last of these notes in denominations of 100 million bilpengoe and of one milliard bilpengoe (a note which did not circu- late) was released on the same date of June 3, 1946. This wild inflation was caused principally by the government's attempt to cover its deficits by increasing the quantity of bank notes in circulation. The con- tinually increasing shortage of consumer goods hastened the depreciation of the pengoe. The result was a lack of confidence in the pengoe by the public, which sig- nalled the start of a mad race between wages and prices, a factor that had both a paralyzing and demoralizing effect on the community. In December 1945, the Fi- nance Ministry ordered a levy on bank notes. The result was temporary, however, lasting only a fortnight. Numismatic examples of the attempted levy may be seen on the one thousand, ten thousand and one hundred thousand pengoe notes of 1945. Those notes bearing the red, brown and green bank stamps are the notes to which the capital levy had been affixed. The stamps cost the owners of the notes 75% of their face value. The velocity reached by the inflation may be seen if we recall that the bank note and bill circulation amounted in 1937 to 545 million pengoe or roughly 103 million U. S. dollars and that it rose at the end of June 1945 to 23.572 million pengoe, which represented a sum of 37.5 million U. S. dollars. On December 31, 1945. the bank note circulation had risen to 765.466 million pengoe with the equivalent of 2.7 million U. S. dollars. By July 15, 1946, the total bank note circulation in Hungary had reached the figure of 760.470.754,175.318 milliard pengoe! From July 9, 1946 onward, the pengoe bank note ceased to be regarded as a means of payment. The government next introduced a new monetary unit, the adopengoe or, in English, taxpengoe. The taxpengoe was originally issued by the state for the purpose of facilitating the collection of taxes and dues. Naturally, even the taxpengoe vouchers were unable to halt the vicious spiral, though it must be admitted that they did bring about some lessening in the speed of depreciation of the currency. For awhile. however, the adopengoe became a popular form of calculating any payment re- placing the previous currency. Nothing could stop the depreciation of the currency, nothing could stop the mad inflation, however. On the first day of issue of May 1. 1946, the adopengoe was worth 630 pengoe. Fifteen days later the ratio had risen to 4,400 to 1; by the end of the month 108,000 to 1 was being quoted; and on July 28, 1946, the value of the adopengoe had fallen to two billion bilpengoe to 1. The highest denomination adopengoe note, 100 million adopengoe, dated May 25, 1946 at the greatest point of the inflation, was equivalent to an incredible 20,000,000,- 000,000.000,000.000.000.000 pengoe!! Finally by the Finance Ministry order No. 136.300/ 1946.VII.P.M.. the use of tax stamps overprinted with adopengoe values was authorized for circulation as "aux- iliary legal tender." These small stamps actually circu- lated as money from June 1, 1946 onward. They were of the type used to record dues from real estate deeds. judicial dues and the like. These stamps are rectangles 26 x 37 mm. in size. The overprints are black in color. The smallest stamp note of the inflation had an equivalent value of 200.000 trillion pengoe. From the middle of July 1946. non-interest bearing treasury notes of the Hungarian Postal Savings Bank were in circulation as a medium of payment in denomina- tions of "Tizezer" (10,000). "Szazezer" (100.000 ). "Egymillio" (one million), and "Tizmillio" (ten million adopengoe). 20 pengoe pre-inflation note, 1930 eei a* e et, 1 075 4'4 J filtrytA) 111.111111111111.1111....MINIIIIII' 100 pengoe note, April 5, 1945 100,000,000 pengoe note, March 18, 1946 IE 'I. IETI MIA% DV, 1i1.112 \E 11 BANE. 1,000 pengoe pre-inflation note, 1943 10,000 pengoe note, July 15, 1945 "W' < 1,000,000,000,000 pengoe note, May 24, 1946 44009C, /kW ... DA Al SEW UNA NITLI4"/A ef.LtiniAgrtirs'esi • ADOJEGY -11.1"1 lt(i EC 1.1111.45Wo II0 JAIG. RAS; 9 46 Ft H4, 05 2t'414t 11" 141) 50,000 taxpengoe note, May 25, 1946 10,000 taxpengoe note postmarked .„04 "woo PENZTARJEGYJ JI 7LJEZIEJR PENAlalgi- Pi 1 A. A XEl E.0,4£6,to WHOLE NO. 48 Paper Money PAGE 187 PACE 188 Paper Money WHOLE NO. 48 "'"".",ANN.SINOMMINI Fiscal stamps overprinted in taxpengoe for use as legal tender currency On July 31, 1946, the last day of the inflation, one adopengoe had the equivalent value of 2,000 trillion pengoe or 2,000 billion milpengoe or 2,000 million bilpengoe. At this point Hungary's present monetary unit, the "Forint" (florin I was introduced on August 1, 1946 at a ratio of 200 million adopengoe to one forint. Despite this disastrous inflation, the early inflation notes have left us with some beautiful examples of the engraver's art. Some are illustrated here. A complete collection of this series makes a beautiful and colorful display. TWO DOLLAR (Lazy 2) NOTES Jewett City, Conn. National Bank Kinderhook, N.Y. Union National Palmyra, N.Y. First National Peeksville, N.Y. Winchester National N.Y.C. First National N.Y.C. Market National N.Y.C. Marine National N.Y.C. Banking Association N.Y.C. Ninth National N.Y.C. Saint Nicholas National N.Y.C. State of N.Y. National Philadelphia, Pa. Sixth National Newport, R.I. First National Providence, R.I. Roger Williams FIVE DOLLAR NOTES Jewett City, Conn. National Bank Aurora, Ill. First National Canton, Ill First National Cecil, Ill. First National Galena, Ill. First National Peru, Ill. First National Chicago, Fourth National Chicago, First National Chicago, Merchants' National Chicago, Third National Chicago, Traders' National Osage, Iowa, First National Richmond, Indiana, First National Louisville, Ky. First National Boston, Mass. Shoe & Leather National New Bedford, Mass. Merchants' National Westfield, Mass. Hampden National Jackson, Mich. People's National Concord, N.H., First National St. Louis, Mo., First National N.Y.C. Commercial National N.Y.C. Merchants' National Canton, Ohio. First National Cincinnati, Ohio. First National Dayton, Ohio, First National Hanover, Pa. First National Pittsburgh, Pa., First National Tamaqua, Pa., First National Milwaukee, Wisc. First National TEN DOLLAR NOTES Huntsville, Ala., National Bank Chicago, Ill., Merchants' National Richmond, Ind., National Bank Lafayette, Ind., National Bank Terre Haute, Ind., First National Thornton, Maine, First National Boston, Mass. First National Lebanon, N.H., First National St. Louis, Mo., First National New York State KNOWN COUNTERFEIT FIRST CHARTER NATIONAL BANK NOTES The following list is reprinted from Donlon's 3rd edition catalog United States Large Size Paper Money 1861-1923 with the express permission of Mr. William Donlon. It is drawn from a compilation made in 1876 from records of the Secret Service. Genuine Nationals were printed for most of these banks, but many counterfeit notes still exist and occa- sionally come to light. All early issues of United States paper money should be carefully examined, especially First Charter Nationals and U. S. Legal Tender notes. Buffalo, Firemen's & Merchants Cherry Valley, Central National Lockport, Exchange National Lockport, First National Newburg, Highland National N.Y.C. Central National N.Y.C. Commercial National N.Y.C. First National N.Y.C. Marine National N.Y.C. Mechanics' National N.Y.C. Merchants' National N.Y.C. State of N.Y. National N.Y.C. Tradesman's National Peekskill, Winchester National Poughkeepsie, City National Poughkeepsie, Farmers & Mfgs. (Continued on Page 193) cA cYVlystery of the South Above is a half-tone reproduction of a Confederate $10.00 bill of Sept. 2, 1861, and is made for historical and research purposes only. The picture in the lower left corner has gone unchallenged for 50 years as a likeness of Hon. Williamson S. Oldham, a Senator representing the State of Texas in the Confederate Congress. It is NOT Mr. Oldham. I call on all loyal southern people, librarians (State, City or Town), historians, teachers, students, members of all Confederate Veteran Societies, all men who were at Richmond in 1861 and maybe employed in the Confederate Treasury), any one who knows any of the descendants of Leggett, Keatinge & Ball, who engraved the bill 1 either at Rich- mond or Columbia, S. C.), and last but not least, the great army of newspaper reporters who often do things when all others fail, to take up and conduct a vigorous search, in an endeavor to find out who this party was, and thus solve the great mystery. To the first person who sends me definite proof, I will pay a reward of $10.00 and an extra $10.00 to any one sending me a small card photograph, exactly duplicating the likeness on the bill. Al) librarians receiving this circular will please post on bulletin board. A copy of this bill will be mailed to any one on receipt of a two-cent stamp. H. D. ALLEN, 21 Winter Street, Boston, Mass. Paper MoneyWHOLE NO: 48 PAGE 189 'eon (.46110V,good a6 money.. To use it as such, may subject you to arrest or imprison- ment for violating the laws of the U. S. This is a photographic print and litaa no value. How "A Mystery of the South" Was Solved By BRENT H. HUGHES SPMC 7 ECENTLY I acquired an accumulation of old letters, clippings, booklets and other paper items which had been removed from an old attic by an antique dealer. In the lot was a circular distributed by Mr. H. D. Allen of Boston, Massachusetts in 1916 in an effort to ideWify a portrait used on the "Wagonload of Cotton Bales" note of the Confederate States of America issued in 1861. Acquisition of the circular filled in the last missing link in my study of the dedicated research con- ducted by Mr. Allen that can well stand as a fine ex- ample for present-day students to follow. The circular measures six inches by six and one-half inches. It was printed on glossy paper, in a format obviously designed to fit into a standard mail envelope by folding down the middle. The top half shows a halftone reproduction of the Confederate note in ques- tion, except that over the signatures Mr. Allen pasted this typewritten warning: "Not good as money. To use it as such may subject you to arrest or imprisonment for violating the laws of the U. S. This is a photographic print and has no value." Mr. Allen was being conserv- alive in his warning, for it would be of questionable legality for the U. S. Government to arrest anyone for reproducing a note of the Confederate States, a govern- ment which had long since ceased to exist. But per- haps some long-forgotten regulation was in effect at the time. The lower half of the circular gives the details of Mr. Allen's inquiry under the fascinating title. "A Mystery of the South." The text is as follows: Above is a half-tone reproduction of a Confederate $10.00 bill of Sept. 2, 1861, and is made for historical and research purposes only. The picture in the lower left corner has gone unchallenged for 50 years as a likeness of Hon. Williamson S. Oldham, a Senator re- presenting the State of Texas in the Confederate Con- gress. It is NOT Mr. Oldham. I call on all loyal southern people, librarians (State, City or Town) , historians, teachers, students, members of all Confed- erate Veteran Societies, all men who were at Richmond in 1861 (and maybe employed in the Confederate Treasury) , anyone who knows any of the descendents of Leggett, Keatinge & Ball, who engraved the bill (either at Richmond or Columbia, S. C.) , and last but PAGE 190 Paper Money WHOLE NO. 48 not least, the great army of newspaper reporters who often do things when all others fail, to take up and conduct a vigorous search, in an endeavor to find out who this party was, and thus solve the great mystery. To the first person who sends me definite proof, I will pay a reward of $10.00 and an extra $10.00 to any one sending me a small card photograph, exactly dupli- cating the likeness on the bill. All librarians receiving this circular will please post on bulletin board. A copy of this bill will be mailed to any one on receipt of a two-cent stamp. H. D. ALLEN, 21 Winter Street, Boston, Mass. Mr. Allen detailed the events which led him to sena out his circular in a series of articles in The Numis- matist during 1917, 1918 and 1919, in which he pro- vided excellent descriptions and historical data for each of the notes issued by the Confederate central govern- ment. This work had been preceded in 1915 by the publication of the famous book by William West Brad- beer titled Confederate and Southern State Currency. Bradbeer's hook became more or less the standard ref- erence work for collectors at the time and remained so until Philip H. Chase's Confederate Treasury Notes was published in 1947. Allen must have associated to some extent with Bradbeer, for it was the acquisition of a portrait by Bradbeer that apparently led Allen to question the identification of the portrait on the Con- federate note as Oldham or as E. C. Elmore. as Brad- beer had though. I am not familiar with the details of the various lists and catalogs by Dr. William Lee, Hazeltine, Thian and others from 1875 to 1889, but Mr. Allen implied that all had mistakenly identified the por- trait as Oldham. His determination to set the record straight once and for all led him to print and distribute his circular. The highlights of his mail campaign results are re- counted by Mr. Allen in his article. He received about 800 letters in response to his circular which he had distributed all over the United States to veterans' societies, libraries, historical groups, postmasters, and the 1916 reunion of the United Confederate Veterans at Birmingham, Alabama. It was evident that some of the writers were after the reward (in 1916 ten dollars was more highly regarded than it is now), but Allen took pride in announcing that he had courteously answered every letter. Among the candidates for the p o r t r a it were William L. Yancey, Howell Cobb, Alexander H. Stephens, Jefferson Davis, R. M. T. Hunter, John H. Reagan, Andrew Johnson, Governor Watts, Senator Orr, Franklin Pierce, Governor Hamilton, Robert Trenholm, Edward Everett, John B. Floyd. James Murray Mason. Richard Yates, Hugh McCulloch, Edward C. Elmore. and, incredibly, Abraham Lincoln. Each candidate had his champions and in many cases the writers sent along wood cuts or engravings as evidence. None of the letters offered sufficient proof. so Allen was forced to write off all his effort and postage money. But he did not give up. He then appealed to the news- papers. many of which thought it was a good story. Articles in the Atlanta Georgian, Richmond Times-Dis-patch, Montgomery Advertiser and other southern papers reached millions of readers. Still no answer. Then. in a manner Allen did not divulge, he acquired a 810 note of the Mechanics Savings Bank of Savannah. Georgia dated 1855. All the pictorial devices on this note—portrait, center vignette, corn-gatherers on the lower right side plus the denomination rosettes were identical to the Confederate note. OnlY-th&yording and minor details were different. It was 6bvious . that the Confederacy had simply copied - the design for its own use. Elated at having narrowed his search area to the city of Savannah, Allen then contacted Mr. William Harden, long-time librarian of the Georgia Historical Society. Armed with all the data previously gathered by Allen, Harden began a patient reading of the back issues of the local papers. Finally he hit pay dirt. In the Daily Morning News of Saturday, December 2, 1854, Harden found a small article which read as follows: MECHANICS SAVINGS BANK OF SAVANNAH. This new banking institution went into business oper- ations yesterday morning, and in the course of the day we saw many of its beautifully designed and executed bills in the hands of our citizens, who we doubt not, gladly welcome its advent as a very desirable accession to the banking capital and business facilities of our city. The centre vignette on the $10 note is very neat and appropriate, representing the great staple in tran- sit. On the left of the bill is a finely executed medalion portrait of Hon. John E. Ward—a very excellent like- ness. The denomination of each bill is distinctly im- printed in red ink. We understand that a considerable amount of savings deposits were placed in the bank yesterday. So there was the answer, and Mr. Allen's long search was over. With the positive identification now made, it was easy to gather the complete biography. Who Was John E. Ward? John Elliott Ward was born in Georgia in 1814, admitted to the bar in 1835, and held minor political offices until elected to the Georgia Legislature where he became speaker in 1853. He was elected mayor of Savannah on December 13, 1853, and served for one year. More pertinent to our story, however, was his friend- ship and business association with John S. Montmollin, the president of the Mechanics Savings Bank. On May 15, 1854, Ward was appointed to the Board of Directors of the bank. a position he held at least until August, 1855, at which time he was listed as owning 110 shares of bank stock. Later he was elected president of the National Democratic Convention which nominated James Buchanan for the U. S. Presidency. When Buchanan was elected. he appointed Ward as U. S. Minister to China in 1859. As the Civil War approached, Ward realized what most bankers also knew—that the Confederacy could not survive unless it could find adequate financing. This belief, coupled with his lack of sympathy for the Southern cause, led him to divorce himself from his Georgia associates. However, his back- ground was such that he felt compelled to resign as Minister to China. He did not return to Savannah dur- ing the War. In 1866 he moved to New York City and set up a successful law practice with offices at 59-61 Wall Street, where he was still located as late as 1893. He never returned to the South. Thus he gained the rather odd distinction of having his portrait appear on 1 1 SI,/ .1. PI' -rr- '0,, roe TRE4.511.A4-8. . - ”fo'br ',lard, 1,14 Sr, des 4: tp, • •,,,„, THE SlATE5AN1ITHE INTyi■r TEN P LIAR Si • ■-• WHOLE NO. 48 Paper Money PAGE 1 9 1 The $10 note of The Mechanics Savings Bank of Savannah, Georgia, issued before the Civil War and obviously copied by the Confederacy. The $10 Confederate note of September 2, 1861 popularly called the "Wagon Load of Cotton Bales" note, Criswell 23 or Slabaugh 34. the paper money of a goverment which he did not recognize or approve. Production of the Note The original engraving of the $10 Mechanics Savings Bank of Savannah note, as well as the $5 one, was done by the firm of Bald. Cousland & Co., Philadelphia. The cuts became the property of the American Bank Note Company of New York when that firm was formed in 1858. One of their employees was Mr. Keatinge, who came South and formed a partnership called Leggett. Keatinge & Ball in Richmond to print Confederate cur- rency. Conceivably Keatinge could have brought with him an extensive file of proofs of American Bank Note Company products which would have been of great value in getting production underway in his new plant. The Confederate Treasury Department exerted great pressure on all its contractors to get paper money into the hands of the people as soon as possible. So apparently no one questioned or cared who the distinguished gentleman on the note was; the bill looked good, it was accepted in the marketplace, and at the time that was all that mattered. Fifty years later the determined Mr. Allen finally set the record straight. (My thanks to Mr. J. Roy Pennell, Jr. for his assistance) Chase Manhattan's Security Blanket Check Check collectors will want the direct mail flyer of the Chase Manhattan Bank advertising its "Cash Reserve Checking Account and Check Guarantee Card." Included is a piece of light blue flannelette imprinted with a blank Chase Manhattan check form in the name of John H. Doe. It is captioned "Security Blanket." Vernon Brown submitted this novelty to us. Paper MoneyPAGE 192 WHOLE NO. 48 MIMIIMMENNIP AMIMMIIIPSIMONI• TO Er ILT.TERNE0 TA ' Iteraourre of the Alnited ,ftates, d del delivered is TEN dap, OFFICIAL IRTS1NE88. „ di pude ode Ws addled feed tee - " • , rine, mete et di led, will le enleed Needed Dolled PLEASE REG I sTE /, NI, 0 e'er 11,,17 r , CP1'-i : 1 z` c C Front and back of registered envelope from the Treasurer's office which contained postal currency. Postmasters vs. Postage Currency By Forrest W. Daniel OST people feel that the use of the postage and fractional currency of the last century would have been a nuisance, not only because of the odd de- nominations but because of the size of the notes. But they proved a bother to postmasters for another rea- son. The first series was called postage currency and read, in part: "Receivable for Postage Stamps at Any Post Office." The fractional currency of the second, third and part of the fourth issues read, "Receivable for All United States Stamps." In addition to being receivable for postage stamps, the postmasters were required by law to receive all de- faced and worn-out fractional currency and forward it to the Treasurer of the United States. Many post- masters failed to remit the worn notes to the Treasury for replacement, and Treasurer F. E. Spinner took note of the fact in his report of November 1, 1869. Post Office Department instructions to all postmasters required them to receive the mutilated currency and remit it in sums of three dollars or more to the Trea- sury. The postmaster received no compensation for this extra duty, but he was obliged to assume the risk of loss in case the letter containing the currency was lost on the way. Loss of such letters was so frequent that many postmasters made no effort to comply with the regulation. Some postmasters registered their money letters at their own expense, but one such registered letter was known to have been lost, and that one was traced to the post office in Washington, D. C. The disinclination of postmasters to incur the expense of registry or risk the loss of ordinary mail in order to replace worn-out and mutilated currency caused it to remain in use in the community and degenerate even further. The wretched condition of many of the bills was an annoyance to all who were obliged to use them. The federal government felt that the worn-out notes should he replaced by new ones. and Treasurer Spinner recommended that Congress amend the law to permit all postmasters to register, without charge, all letters containing remittances of worn currency to the trea- sury. He asked. further, that letters from the Treasurer containing currency to replace the mutilated notes be registered at the post office in Washington. ,401-444w --,, ---...— - --.. NCAPaCr veer tonal .......- ,...,,,--....._ -)--,........„,;,.....3.,b„ ,--,- , Paper MoneyWHOLE NO. 48 PACE 193 41ANIWICTSPICAMIE,NRM,INIPM Since it was desirable to keep the paper money in the best possible condition, the Treasury Department was permitted to assume the charges, both ways, of the transportation of old fractional currency and legal tender notes to the treasury, and on the new notes sent in return for them. SOURCES: Message and Documents, Government Printing Office, 1870, 1873. Something to Think About What Do We Collect - Paper Money or Money Paper? By Forrest W. Daniel r HE discovery of the term "money-papers" in a 130- year-old document has provoked some thought on the terminology used in the paper branch of numismatics. Perhaps that term should be adopted to refer to the broader aspects of the hobby—especially with the addition of checks, warrants, various types of promissory notes, bonds and lottery tickets. Many collections include al- most anything representing value or having resemblance to the circulating medium. Those items represent the transfer of money, money paid for future services, or repository of value for future redemption. They are actually money-papers. Even the Silver and Gold Certificates, cherished by so many as really sound money, were certificates of deposit representing either coined silver and gold or buillion. They were money-papers, not paper money. What then would qualify as paper money? Actually not much. United States Notes and Federal Reserve Notes issued since 1963 and Canadian bills after 1967 are familiar examples. Many countries have issued paper money for years. Some American colonial notes are money-papers, others are paper money. The difference must be determined by reading the text on the bill. If it is payable in gold, silver, coin, Spanish milled dollars, lawful money, on demand, to bearer, at some future date, in merchandise or goods, taxes or other obligations, or in any other specified manner, it is money-paper. A recent judicial decision in Canada focuses on the exact status of contemporary paper money. As reported in Coin World on December 27, 1972, "The Bank of Canada has gone to the Supreme Court to seek right of appeal from an Ontario Court of Appeal ruling requiring the bank to replace $23,000 destroyed in a fire." The bank argued that "the holder of a Bank of Canada note has no right on presentment of his note to obtain anything from the bank." The obligation to redeem notes was eliminated by the Bank Act of 1967. Since that time Canadian bills carry the statement "This note is legal tender;" before that time they were payable to the bearer on demand. In effect the elimination of the promise to pay (money) makes the paper bill in fact money, legal tender which cannot be refused, and the only medium of exchange. The final decision of the Canadian Supreme Court will have far-reaching implications, some fearful to contem- plate if the Ontario court is over-ruled. United States Federal Reserve Notes are in the same class. Their text, however, "This note is legal tender for all debts, public and private," does leave one possible out —the government may accept them in payment of taxes. COUNTERFEIT NOTES (Continued from Page 188) Poughkeepsie, First National Red Hook, First National Rochester, Flour City National Rome, Central National Syracuse, National Bank Troy, Mutual National Whitehall, First National Philadelphia, Pa. First National Philadelphia, Pa. Third National Milwaukee, Wisc. First National Houston, Texas, First National TWENTY DOLLAR NOTES Portland, Conn. First National Chicago, Ill. First National Indianapolis, Ind. First National New Albany, Ind. First National Plainfield, N.J. First National Portland, Maine, First National Boston, Mass. First National Boston, Mass. Shoe & Leather Lebanon, Pa. National Bank New York Stale Albany, City National N.Y.C. City National N.Y.C. Commercial National N.Y.C. Market National N.Y.C. Mechanics' National N.Y.C. Merchants' National N.Y.C. Ninth National N.Y.C. Shoe & Leather National N.Y.C. Tradesman's National Utica, City National Utica, First National Utica, Oneida National FIFTY DOLLAR NOTES Bedford, Mass. Commercial National N.Y.C. Fourth National Palmyra, N.Y. First National ONE HUNDRED DOLLAR NOTES Boston, Mass. First National Elmira, N.Y., First National Cincinnati, Ohio, First National Cincinnati, Ohio, Fourth National Ohio Valley National Bank PACE 194 WHOLE NO. 48Paper Money SECRETARY'S REPORT New Membership Roster No. 3831 3832 3833 3834 3835 3836 3837 3838 3839 3840 3841 3842 3843 3844 3845 3846 3847 3848 3849 3850 3851 3852 3853 3854 3855 3856 3857 3858 3859 3860 Dealer or CollectorNew Members Specialty R. J. Blankenship, P. 0. Box 6513, Cincinnati, Ohio 45206 Harold Hopper, P. 0. Box 271, Westwood, N. J. 07675 Jim Hall, P. 0. Box 10570, Cleveland, Ohio 44110 Robert W. Allen, P. 0. Box 244, Fair Oaks, CA 95628 William V. Zeller, M.D., 1540 Garden Terr., Apt. 501, Charlotte, N.C. 28203 Rainer R. Elze, 1775 N. Andrews Ave., Ext., Apt. 304 W, Ft. Lauderdale, Fla. 33311 T. W. McMeans, M.D., 1203 Jersey Ridge Road, Davenport, Iowa 52803 R. W. Volkers, 100 N.W. 139th St., Miami, Fla. 33168 Robert D. Laur, 26001 E. 18th St., San Bernardino, CA 92404 Elliott N. Gluek, P. 0. Box 20, Minneapolis, Minn. 55440 Leon Boyar, P. 0. Box 942, New York, N. Y. 10023 Gilbert C. Goldman, P. 0. Box 285, Spring Valley, N.Y. 10977 Seymour Leviton, 13200 N.E. 7th Ave., Apt. 104, North Miami, Fla. 33161 John W. Rose, P. 0. Box 19932, New Orleans, La. 70179 John H. Stuckey, 404 West Pitt St., Bedford, Pa. 15522 Joseph D. Hitzges, 819 Napier, Law. Pk., Erie, Pa. 16511 R. K. Frisbee, 211 King St., Denver, Colo. 80219 Errors Japan U. S. large size notes, especially large denominations; small size notes to 1953 Silver Certificates and $1 FRN's C, D C C C, D C C C C C C C, D C C C, D C C C C C C C C C C C C C C C C, D C C, D C C D C, D C $1.00 FRN's Notes with serial No. 38-U. S. and Canada Small size FRN's and Silver Certificates German Notgeld U. S. large size notes U. S. large and small size notes John C. Morgan II, 217 Dexter Ave., Liverpool, N.Y. 13088 Leonard Andrews, 2257 Cleveland Ave., Granite City, Ill. 62040 Norman J. Obrecht, Sr., 3816 Alameda Blvd., E-50, Kokomo, Ind. 46901 Louis Linetsky, 435 N. Oakhurst Drive, Beverly Hills, CA 90210 Michael M. Ostrander, 1272-C N. Nevada Drive, Grand Forks AFB, N. Dak. 58201 William C. Feist, P. 0. Box 2811, Santa Rosa, CA 95405 Richard W. Denney, 56 Jackson St., Oswego, Ill. 60543 Humbert John Morsello, Jr., 224 River Road, Glad- wyne, Pa. 19035 Harold Kirsch, Route 2, Hornick, Iowa 51026 Winfield A. Becker, Jr., 1627 Brookhaven Rd., Wynnewood, Pa. 19096 Gary W. Potter, 370 Lake Ave., Bristol, Conn. 06010 Harry F. Corbin, 1210 Sherman Ave., Point Pleas- ant, N.J. 08742 Robert Kravitz, 817 Charlesgate, St. Louis, Mo. 63132 3861 Kenneth Nails, 445 72nd St., Darien, Ill. 60559 3862 Samuel W. Shelton, 3075 Norma Lane #8A, Wauke- gan, Ill. 60085 3863 Henry B. Eubank, 7555 Katy Freeway, #164, Houston, Texas 77024 3864 James F. Dayton, Sr., 440 E. State Street, Doyles- town, Pa. 18901 3865 Curtis Iversen, P. 0. Box 1221, Sioux City, Iowa 51102 3866 David D. James, Rt. 6, Box 273, Russellville, Ala. 35653 3867 Andrew M. Mintzer, 1518 Dorchester Rd., New York, N.Y. 11226 U. S. and foreign U. S. $1 notes, starting with Series 1935 G with motto General foreign Old Silver Certificates and Gold Notes U. S. small size Silver Ctfs. U. S. Silver Ctfs., FRN's, U. S. Notes U. S. large size notes British Colonial U. S. large & small size $1 notes National Currency of Conn.; U. S. large and small size types National Bank Notes, Series 1929 Fractional Currency Ships on broken bank notes U. S. large and small size notes; Greece, Iran and Brazil Block collector National Bank Notes Alabama state notes, broken bank & scrip U. S. small size notes (early issues) and broken bank notes WHOLE NO. 48 Paper Money PAGE 195 3868 Harlan Corwin, R. D. 1, Route 211, Middletown, N.Y. 10940 3869 Dwyer Q. Wedvick, 1711 Spruce St., Philadelphia, Pa. 19103 3870 John B. Bastolich, 600 No. Lilac Drive, Apt. 501, Golden Valley, Minn. 55422 3871 Eric Vogler, 4719 Rollridge, Kalamazoo, Mich. 49004 3872 Charles B. Sedman, 311 So. La Salle St. #4B, Dur- ham, N.C. 27705 3873 Virginia M. Hall, 12472 Reche Cyn Rd. S. 167, Colton, CA 92324 3874 Rosa Morton, RFD -r- 3 Box 197, Mt. Gilead, N.C. 27306 J3875 Roy Douglas, Ejereito Nacional 774, Polanco, Mexico 5, D.F. J3876 Robert G. Anderson, 19820 Gulfstream Rd., Miami, Fla. 33157 3877 Lindley S. Butler, 131 Cedar Lane, Reidsville, N.C. 27320 3878 Graeme M. Ton, Jr., 203 47th St., Gulfport, Miss. 39501 3879 Stanley A. Brown, 117 Brown St., Elkton, Md. 21921 3880 James R. Chambers, 1554 Columbia Drive, Decatur, Ga. 30032 3881 Thomas Becker, 104 Woolery Lane-Apt. B, Dayton, Ohio 45415 3882 Ronald Streitenberger, 692 Eastern Ave., Chilli- cothe, Ohio 45601 3883 Jaime Otero„Juan De La Fuente 583, San Antonio, Miraflores, Lima, Peru 3884 William B. Patterson, 1420 Lansdowne Drive, Den- ham Springs, La. 70726 3885 Phillip E. Taylor, 307 W. 30th, Hutchinson, Kan. 67501 3886 Dennis M. Depro, 1947 New Madrid, Cape Girar- deau, Mo. 63701 3887 Richard McLain, 856 9th Ave., South, So. St. Paul, Minn. 55075 3888 Richard A. Saam, P. 0. Box 970, Albany, Ga. 31702 3889 Denis Nonaka, 847 Finchley Place, Richmond, Va. 23225 3890 Paul Warner, 457 Ross St., Sioux City, Iowa 51103 3891 Gerald R. Lane, P. 0. Box 1148, Pascagoula, Miss. 39567 3892 John F. Richardson, 259 Springdale Ave., East Orange, N.J. 07017 3893 Leonard Garland, 1703 Pennylane, S.E., Decatur, Ala. 35601 3894 Claude B. Layfield, Jr., P. 0. Box 95, Auburn, Ala. 36830 3895 Bill Yarbrough, 2475 Hogan Road, East Point, Ga. 30344 3896 Gerald G. Finnell, P. 0. Box 6063, Orlando, Fla. 32803 3897 M. Jane Finnell, P. 0. Box 6063, Orlando, Fla. 32803 3898 MS Clare Braun, 406 Fairmount Ave., Philadel- phia, Pa. 19123 3899 Max M. Manning, P. 0. Box 540, Beer-Sheva, Israel 3900 Eugene Stern, Sr., 693 Hill St., Highland Park, Ill. 60035 3901 Donald Schott, 306 N. Birney St., Bay City, Mich. 48706 3902 John Veneziano, 111-14 76th Ave., Forest Hills, N.Y. 11375 3903 Charles B. Fine, 6435 S.W. 116th St., Miami, Fla. 33156 3904 Edward G. Belcher 3905 Fritz E. Tidlund, 807 Main St., Amherst, Mass. 01002 3906 Colin Narbeth, 36 A London Road, Newark, Notts, United Kingdom 3907 Roy G. Lindgrem, 24 Shepard St., Old Saybrook, Conn. 06475 C C National Bank Notes C National Bank Notes of Minnesota C Large size U. S. Notes C Obsolete and scrip—Tenn. & N.C. C U. S. and Foreign (South America) C C Mexico C General C N.C. state & obsolete, Ga. state C, D Small size Silver Ctfs. C FRN's C $2 U. S. Notes, errors C C U. S. Types C Latin American C $1 FRN's blocks, district ending serial C U. S. small size notes C U. S. large size notes; Fractional Currency; Confederate C Silver Certificates C FRN's, radars, errors, special serials C Civil War—Richmond and Petersburg, Va., state & county of Miss.; Atlanta, Ga. C FRN's $1 ending in "80"; Texas obsolete notes & scrip; errors C C Fractional Currency and Colonial C, D Confederate, obsolete bank notes C C C, D D C U. S. small size notes C Ottoman Empire, Palestine, Israel C U. S. large size notes C Obsolete U. S. and general world-wide C, D Type sets of U. S. C, D General C U. S., general C, D National Currency D C U. S. large and small size Silver Ctfs, Legal Tenders and National Currency of Conn. /.rz ro,r tifil40 .1) rmv:t-,3 714,/i/ SAN NUANCHSCO. PACE 196 Paper Money WHOLE NO. 48 3908 Jack L. Mullenax, 9104 Edmonston Court, Green- belt, Md. 20770 3909 Robert E. Kenney, P. 0. Box 244, Aiken, S.C. 29801 J3910 Eugene Stern, Jr., 693 Hill St., Highland Park, Ill. 60035 3911 John P. Virgilio, D.D.S., P. 0. Box 10249, Pitts- burgh, Pa. 15232 3912 P. B. Trotter, 666 East Drive, Memphis, Tenn. 38112 3913 Mickie Gordon, 12436 Bodega Place, San Diego, CA 92128 3914 Dr. John Crutcher, One Eugenia Lane, Paxton, Mass. 01612 3915 John P. Dougherty, 152 Chestnut Dr. South Leigh Lanes, United Kingdom 3916 Luis Alberto Guzzo, P. 0. Box 1651, Montevideo, Uruguay 3917 Baron Auckland, Manor of Sandridge, Near St. Albans, Herts, England 3918 Alan D. Kiehn, P. 0. Box 398, Placentia, CA 92670 3919 Forrest Mullen, 115 Ruth St., Sidney, Ohio 45365 3920 Walter Martin, 1013 Berry Street, Old Hickory, Tenn. 37138 C Confederate and Continental C, D National Currency—S o u t h e r n States; broken bank notes C U. S. large size notes C $1.00 FRN's C Currency errors C U. S. large size notes C, D U. S. large size notes; National Currency C U. S. U. K., Mex., S. A. and Europe C Uruguay, Paraguay and world-wide C Propaganda currency C U. S. small size notes C Old notes C, D U. S. large and small size notes Reinstatements 2496 Herbert I. Melnick, 745 Fillmore Rd., East Meadow,3430 N.Y. 11554 2760 Larry Olin Ridge, P. 0. Box 291, Ripley, Miss. 587 38663 2547 Svenska Handelsbanken, Bank Museum, Ernst 588 Nathorst-Boos, Curator, P. 0. Box 16341, 103 26 Stockholm, Sweden 2432 Richard P. Taglione, P. 0. Box 1012, Schenectady, N.Y. 12301 S. P. Neves Darmofal, 2195 Walton Ave., Apt. 3A, Bronx, N.Y. 10453 Roger J. Storm, 10 Manning Rd., Glen Cove, N.Y. 11542 Jackson C. Storm, 10 Manning Rd., Glen Cove, N.Y. 11542 Deceased 1475 William E. Florence 3380 Gerald M. Leavitt 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. 48 Paper Money PAGE 197 MONEY MART FOR USE BY MEMBERS OF THE SOCIETY ONLY PAPER MONEY will accept classifield 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 the 10th of the month preceding the month of issue (i.e., Dec. 10, 1973 for January, 1974 issue). Word count: Name and address will count for five words. All other words and abbrevia- tions, 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) (Because of ever-increasing costs, no receipts for MONEY MART ads will be sent unless specifically requested.) COLLECTOR SELLING OUT-1,000 $1 S.C. and F.R.N.; 100 $2; 50 $5; 90 $10; 7 $50; 30 large, 60 fractional, 150 foreign. Circulated to Uncirculated. Fair prices to fellow collector. Betsy Gamble, P.O. Box 894, Miami, FL 33157 ILLINOIS AND CHICAGO obsolete notes wanted. Pri- vate collector interested in Chicago historical items, scrip, maps and books. James J. Conway, M.D., 2300 Children's Plaza, Chicago, IL 60614 (51) TRADING FRN $1.00 CU. Will send ten different blocks for eleven notes from your district. Phil A. MacKay, Box 235, Osceola, MO 64776 WANTED: OBSOLETE, SMALL and large-size Na- tionals from Chatfield, Minn. Will pay cash or trade. What do you have and what do you need? Jim Wheeler, 1011 4th St. N.W., Austin, MN 55912 MISSISSIPPI OBSOLETE NOTES and scrip wanted for my collection. Also need Alabama and Louisiana notes. Byron W. Cook, P.O. Box 181, Jackson, MS 39205 (52) CHAMPAIGN, ILLINOIS NATIONAL notes wanted. E. Stern, 693 Hill St., Highland Park, IL 60035 CALIFORNIA AND OTHER Western States Nationals plus certain other large-size currency wanted for collec- tion. Have trades available. Richard A. Sara, Box 296, LaFayette, CA 94549 (51) WANTED: TEXAS COUNTY and Treasury warrants. Also need Alabama private scrip, Criswell #M-80. William Manning, 4636 Wellesley #107, Fort Worth, TX 76107 WISCONSIN NATIONALS WANTED: Large or small- size. Especially need notes from Eau Claire and Chip- pewa Falls. Will trade extra Nationals for needed notes or will purchase. William J. Janke, 523 Putnam Dr., Eau Claire, WI 54701 (49) SPRINKLE HAS PROOF notes, stock certificates, uncut sheets of checks and bills, scrip, bonds. Frank Sprinkle, Box 864, Bluefield, WV 24701 CZECHOSLOVAKIAN, BOHEMIA-MORAVIA A N D Slovakia paper money. See Toy catalog Allied and Axis Military Currency. Well-preserved but perforated SPECI- MEN. I should like to exchange for old American bank notes or other Allied Military Currency. Antonin Lomicka, (P. PR. C 90) 306 99 Plzen 1, Czechoslovakia WASHINGTON STATE NATIONAL bank notes both large and small-size wanted. State price and condition. Have some to trade. Verna Knack, Davenport, WA 99122 RHODE ISLAND NATIONALS and obsolete bank notes wanted for my collection. Also Blackstone, Mass. Price and describe. George J. Cormier, 32 Birch St., Woon- socket, RI 02895 WANTED: MILITARY PAYMENT certificates and cur- rency W. W. II. Send list with prices or ship for highest prices. Clark Hutchason, P. 0. Box 1773, Burlingame, CA 94010 (50) UPGRADE YOUR MPC collection. Trade your duplicate notes, gold coins, commemoratives for hi-value MPC notes. Pricelist SASE. Make offers. Mervyn H. Reynolds, P. 0. Box 3007, Lee Hall, VA 23603 (57) SELLING FRN COLLECTION: Complete 1963, 1963A, 1963B, 1969 block letter sets; also 1957, 1957A, 1957B Silver Certificate set and other Silver Certificates. Send SASE for list. Bob Slawsky, P.O. Box 423, Rockaway, NJ 07866 CONNECTICUT CURRENCY WANTED: obsolete bank notes, scrip and colonial items. Also, any CU large-size National of Connecticut. Describe or send with price. Richard J. Ulbrich, P. 0. Box 401, Cheshire, CT 06410 (49) WANTED INDIANA OBSOLETE before 1861, especial- ly Indian Reserve Bank, Kokomo, Ind. Louis H. Haynes, 1101 E. Fischer, Kokomo, IN 46901 (55) MILITARY CURRENCY WW2 wanted: Allied, Axis, Japanese invasion/occupation and military payment cer- tificates. Edward Hoffman, P. 0. Box 8023, Camp Lejeune, NC 28542 (49) WANTED: SOUTH CAROLINA colonial, obsolete and National Bank Notes. Top prices for S. C. proofs. Austin M. Sheheen, Jr., P. 0. Box 428, Camden, S. C. 29020 MISSOURI CURRENCY WANTED: Nationals, obsolete and bank checks from St. Louis, Maplewood, Clayton, Manchester, Luxemburg, Carondolet and St. Charles. Ronald Horstman, Route 2, Gerald, Mo. 63037 NORTHAMPTON AND SPRINGFIELD, Massachusetts Nationals wanted. Large and small. Describe with best price to Robert Cornell, P. 0. Box 9, Northampton, MA 01060 WANTED $5 THRU $100 "Connally" regular and star notes from all districts. Will refund postage to anyone requesting list. All help appreciated. Thos. C. Bain, 3717 Marquette Dr., Dallas, TX 75225 (49) Special Quantity Discounts to Dealers on The National Bank Note Issue of 1929-1935 6 copies or more-40% off-$7.20 each 24 60%copies or more off-$4.80 each from J. ROY PENNELL, JR. P. 0. Box 858, Anderson, SC 29621 1,1 011,ENIZAM AS LUTTIORIZED TO MAIL AT SPECIAL RATES (.5,..0 .1,122. ECM'. 12 MO,A5 EST F ILDID DATE 2553 2600 02 .1050 2020 2050 5550 . TOPTS LASTAIIIL1TEU ANE1111S, ETT NG , SOLT 2105 PrisAins 495 2600 asissit em maim .Jzoiww, "4=x Thmose ' vlsaluurommt grAcc B362 /////kr.Am/ IVAIion;t1 , PAGE 198 Paper Money WHOLE NO. 48 MINNESOTA NATIONALS WANTED: Small or large- size. Will pay cash or trade. Please describe fully and advise your preferences as to state you desire. Second needs are for North Dakota, South Dakota or Montana. John R. Palm, 18475 Thorpe Rd., Deephaven, Wayzata, Minn. 55391 WANTED: BB, BC, and LA 1969B and BA and EA 1969D numbers higher than 99840000, 1969 C's higher than B76160000D, and 1969 D's between B26240001A and B32640000A. The Rev. Frank H. Hutchins, 924 West End Ave., New York, NY 10025 JAPANESE NOTES WANTED: especially 200 Yen plate numbers 7, 11, 13, 17, 20, 26, 28, 29, 32, 36, 37, 39, 42, 43, 45, 47, 48, 49. Please price and send, or write. Also, Military and Propaganda. Dave Carlson, 49 Buttles, Granby, CT 06035 U.S.A. WANTED: BROKEN BANK notes and sheets of the New England states. Building a research and exhibit collection. Especially want notes with historical or inter- esting and unusual vignettes. Will also pay generously for notes of rarity, high denomination or high quality. Will travel for large offerings. Write with description and price wanted or send notes for my offer. Duplicate notes for sale or trade, will send on approval. John Ferreri, P.O. Box 33, Storrs, CT 06268 (50) WANTED: BROKEN BANK notes of "The Bank of Monroe," Monroe, Michigan (1827-1838) for my collection and research project. Also, any other material and in- formation relating to this bank. Please describe notes and give the affixed signatures. Quote price. If con- venient, include Xerox copy. Steve Kovacich, 1533 Spruce St., Berkeley, CA 94709 STATEMENT OF OWNERSHIP, MANAGEMENT AND CIRCULATION I irna-ousL1,1-. ;,.. 9nAL.71,1, ,AL.1.1,01F 1 Cl. ,11 1UULICUGGN 103 E. Whitner S t . , Anderson, S .0 . 29621 LocALLnoL-1511 Auierss P.,1 12,1,FFTTUs AUSLISATPS /V P r, ■■■ ,,,, P.O. Box 858, Anderson ; S.1 L. Roy Pennell, Jr., P.C. Box 858, Anderson, S.O . Miss Barbara Sri ol 1 ex- , 225 S. FiscIA, Ave., Jefferson, Wisc. 13549 S_I. ,,Lnrs P.O.Bos 858 Andersr, S.C. 2962) 11 KNOWN BONIRIOLUERS, MORTGAGEES, AND 0111E11 AsUllITT HOLDERS OWNING UP. HOLDING ., PERCENT OR MORE OF fOTAL AMOUNT OF BONET, MORTGAGES OR OTHER SECURITIES 41101e, S1..11 , 112, SO slat, :191.1.11 PLETU0N ST 1,11.1SHER5 MAILING AT THE REGULAR RATES IS I SEE INSTRUCTIONS ON PAGE 2 IREVERSE) ..,, 10/15/73 ADORE=S -71 WARREN HENDERSON P. O. BOX 1358, VENICE, FLA. 33595 FLORIDA NOTES WANTED ALL SERIES • Also A Good Stock Of Notes Available ENGLAND-Bank of England -10 Shillings (obsolete) (QE2, brown/design) T S Fforde U 1 Pound, current (QE2, green/design) TS Fforde U 5 Pounds, recent ( QE2, blue/design) T S Fforde AU-U -5 Pounds, recent, like above, but signed by Page U --10 Pounds, recent (QE2, brown/lion, etc) Page U 3.25 3.75 21.00. 18.50. :35.00. :..:..:.':.:**X÷:..X...:' 4:..:. 4; .1. .1.- ESTONIA : "Paper Currencies of Estonia", by M. Tiitus t. - -fully illustrated catalog, valuations, standard ). ti reference :3.50 .... *:**:**:**:**:**:**::**:*t:**:**:**:**1:**:**:,**.:**:**,1**:**:**:**:**:**:**:**:**:**:**:**:**:**:**X**:**:**:**:**:: . ESTONIA-Eesti Pank (Bank of Estonia) -10 Krooni 1937 (girl in native dress, blue/arms, mc) T-5-2b most popular "best-seller" to one-of-a-country collectors VF 2.75 ---20 Krooni 1932 (sheperd, olive-green/arms, mc) T-5-3 ....0 4.75 50 Krooni 1929 (skyline of Tallinn, brown/arms, mc) -5-4 U 6.50 -100 Krooni 1935 (blacksmith, blue/arms, mc) T-5-5 .-.VF- 27.00* (continued overleaf To help me serve you better, please read carefully: 1-Please make all remittances payable to: M. Tiitus 2-All prices are given in USA funds 3-ABSOLUTE SATISFACTION GUARANTEED-five day return privilege 4-USA : Orders over $15.00 are sent by insured airmail 5-USA: Orders under $15.00 sent first class at buyer's risk 6-Canada: Registration (indemnity up to $200.00) $1.00 extra 7-Canada : Without registration, orders airmailed at buyer's risk 8-ELSEWHERE: Registration (indemnity $13.00) $1.00, plus $0.20 for each 1/,-oz. for airmail ; buyer assumes risk over $13.00 9-All orders under $3.00 must include 30e for handling a-Asterisk (*) : Limited quantity in stock at time of printing b-Second choices appreciated-used only if needed c-Many items on previous lists again, or still, in stuck d-ABBREVIATIONS: B--Bank; ENCR-Engraved mc-m u It i- color (ed ; Sig-Signature, Signed ; wmk-watermark ( ed) : U-- Uncirculated. PM-48 M. Tiitus Box 259 Menlo Park, Via. 9405 USA Name & complete mailing address For Office Use WORLD PAPER CURRENCIES-Price List & Order Blank Received Remittance .8 Amt. Filled $ Amt. Due $ Ref. or Credit $ Shipped - ---20 S 1967, current (von Ghega, brown/Semmeringu, 5 75. bridge) U 1.90 -50 5 1962 (R Wettstein, me/castle) engraved S 1970, current (F Raimund, purple/theatre) engraved U 4.25 --100 5 1970, current (Angelika Kauffmann/Walderhaus) engr U 8.50* AZERBAIDZHAN (all complex ornate, in a dull sort of way) 100,000 Roubles 1922. Az. Soviet Socialist Republic VF 1.75 250,000 R 1922. Az SSR EF-U 3.00* -- 1,000,000 R 1922. Az SSR EF-U 2.75 BAHRAIN-Bahrain Currency Board 1.1 5.75. 5,000,000 R 1923. Az SSR -100 Fits 1964 (boats, arms, me/palms on seashore) . ..... ..0 1.75 1/4 Dinar 1964 (boats, arms, brown & me/oil drilling) ....0 2.50* I:, Dinar 1964 (boats, arms, violet & me/ships) U 3.50 1 Dinar 1964 (boats, arms, red & me/towers & ruins) 0 7.50. BANGLADESH: First Issue - 10 Taka (ruler, map, blue & me/blue design) U 4.75. -100 Taka (ruler, map, green & me/green design) AU-U 24.50. BANGLADESH: Second Issue 5 Taka (ruler, red & me/factory) Indian Sec # U 2.00. Ser Taka (ruler, green & me/native village) Western# VF+ 4.25. 10 Taka, similar, except Serial Number in Indian font ....0 4.00 BERMUDA-Bermuda Government - 5 Shillings 1937 (Geo VI, harbor scene, brown/arms) BW G 7.50. 5 Shillings 1957 (QE2, harbor scene, brown/arms, mc) BW F 1.50. 5/- 1957, same as above, but unc U 2.75 10/- 1957 (QE2, park, red & me/arms, mc) BW U 4.75* 1 Pound 1966 (QE2, bridge, blue & yellow/arms, mc) BW U 8.00° -.Special: Last three QE2 notes, uncirculated U 14.50* BOLIVIA-El Banco Central de Bolivia (Law 20 Dec 1945) 10 Bolivianos (Sucre, blue & mc/Potoso) Emision 1952 EF-U 1.00 -20 B (Bolivar, brown & me/Casa de la Moneda, Potosi) U .25 50 B (Sucre, violet & me/"cowboy" & steers at waterhole Td1R. Common note in VF-quite scarce in tine U 1.50 100 B (Villarroel, black & me/oil refinery, violet) U .45 10,000 B (Bolivar, blue & me/Indp Act of Republic) ...AU 7.50. 10,000 B, similar design as above, but larger and much more colorful. Size 175x78mm VF 19.50. CANADA-The Royal Bank of Canada, 2 Jan 1935 - $10 (two portraits, arms, black & orange/arms) BABNC F-VF 39.00* CANADA-The Dominion of Canada 25e 2 Jan 1900 (seated Britannia/green) ABNC Boville .F 3.75. - 25e 2 July 1923 (Britannia/green) CBNC Cavoirs & Saunders VF 1.50° CANADA-Bank of Canada --$1 2 Jan 1937 (Geo VI, green & bk/figure) Gordon & Tow VF 3.00. $1, same, but signed by Coyne & Towers VF 2.25 -$2 2 Jan 1937 (Geo VI, pink & bk/figure) Coyne & Towers VF 4.75* --$2 1954 (QE2, pink & bk/scenic view) Bowery & Rasm ..0 2.75 35.00* CANADA-1954 Type, but "Devil-in-the-Hair" variety $1 Devil in QE2's hair ; Beattie & Coyne F-VF 4.50* $2 Devil in QE2's hair ; Coyne & Towers F-V-F 8.50* 9.50. CHILE-Banco Central de Chile 1 Peso, 11 Feb 1942 (arms, blue, orange-red quasi-diagonal 32.50* line/green) salmon paper. A provisional note U 3.50 1 Peso, 3 March 1943 (arms, blue & orange/design) This note comes with 4 different colored backs: Series A, orange; B-purple: C-green ; and D-red. Complete set of 4 notes ....0 6.00* - Single type note from above, my choice U 1.40 COLOMBIA-El Banco del Norte (Socorro, 1 Jan 1882) /// 1 Peso (dog on wall, black & brown/brown design) ..."U" //// /// 5 P (black & white horses, black & green/lite blue) .. "U" //// /// 10 P (train at depot, black & orange/orange) ////2.90. /// 20 P (Santander, black & dull orange/dull orange) "U" //// 4.75* Sold as complete set only. No circulation signs, but edge stains and nicks from lengthy storage .... 4 notes "U" 125.00. 1.25 CZECHOSLOVAKIA- -Jachymovske Doly 1.50 Complete set of eight (8) green notes issued for the in- 2.75* mates of concentration camp (post-World War II!) workers laboring in uranium mines (other colors also exist) U 65.00. DANZIG-Bank von Danzig 50 Gulden 1937 (chalet, arms, red-brown/frieze) VI' 17.50. EGYPT-(Signed by the Minister of Treasury, Nasih A Dix) 5 Piastres (Queen Nefretiti, blue & gray-green/brown) ..0 .45 ENGLAND - ISLE OF THANET-Margate Bank Sight draft, circulated as money 1779 (arms, bk on w/-1 VF 19.50* ENGLAND--United Kingdom of Great Britain & Northern Ireland - 1 Pound (19231 (George V, St. George/Pail bldg) VF 19.50* Please do use this handy order blank-it will be returned to you with your order, and may be reused with a different color pencil. AFGHANISTAN --5 Rupees 1920 (arms, brown/blank) with tab, large U 8.75* 100 Rupees 1920 (arms, green/blank) with tab, large __U 10 Afghanis 1929 (Arabic, brown/Arabic & French, green) U 2.50 50 Afghanis 1929 (arms, green/green & red) large -50 Af 1929, same, but with rebel Baccha-i-Saquao ovpt VF 2 Afghanis 1948 (King Mohammed Zahir, blue & mc/ wall) U 1.75 5 Afghanis 1948 (Zahir, green & me/mosque) U 3.75. 10 Afs 1961 (older Zahir, brown/mosque, brown) U 1.40 --20 Afs 1961 (Zahir, blue/mosque, blue) U 1.90* 50 Afs 1961 (Zahir, green/mosque, green) U 3.75* 100 Afs 1961 (Zahir, red/mosque , red) U 7.00* 50 Afs 1968, smaller type (Zahir, green/courtyard gate) 100 Afs 1968 (Zahir, violet/mosque, violet) ARGENTINA-Republica de Argentina La Nacion ---50 Centavos Law 12155 (Seated Liberty, blue/blue) ....AU-U 1 Peso Law 12155 (Seated Liberty/green) salmon paper U 5 Pesos Law 12155 (Seated Liberty/red-brown) . 5 * The next group has notes of similar design, albeit with a different title, Law, and a date. ARGENTINA-El Banco Central de la Republica Argentina 1 P Law 12962, 27 Mar 1947 (S Liberty/green) salmon .0 .75 5 P Law 12969 & 13571 (S Liberty/red-brown) ...... U 1.40 5 P, same but Law 19962 & 13571 . printing error?? U 1.90 ARGENTINA: Specialist's combination offers from the two above listings 1 Peso: Six 16) different signature & ser. letters com- binations. Set of six notes VF-U 12.50* 5 Pesos: Six (6) different signature & series letter com- binations. Set of six notes EF-U 12.50* ARGENTINA-Banco Central de la Republica Argentina (recent) 1 P Law 18188 (Gel Belgrano, orange/scenic lake) U .45 AUSTRALIA-Commonwealth of Australia 10 Shillings (George VI, orange/manufacturing alle- gory) VF 3.75* 1 Pound (Geo VI, green/sheep shearing frieze) F-VF 4.25* AUSTRIA: Empire 5 Gulden 1806 (different from the 1800 type) F 8.75* 1 Gulden 1858 (woman's head, black & orange/blank) .EF 7.75* 1 Gulden/Forint 1888 (Emp Franz Joseph, A/FJ, Hung) blue VF 4.75' AUSTRIA-Oesterreichisehe Nationalban k, 29 May 1945 --20 Schilling (girl, peasant, blue & gray/sower) VF 1.50 ---100 Schilling (girl's head=Knowledge allegory/bldg) VF 1.75 AUSTRIA--Oesterreichische Nationalbank, recent & current ---20 Schilling 1956 (von Welsbach/church, mountain) engr U 3.25* POLAND--13311e1 Skarhowy 4 Zloty (794, crude early design on heavy paper U 12.50* POLAND--Bank Polski (Warszawa 28 Feb 1919; Pick-58)2.75 • -500 Ziotych (Kosciuszko, green & gray-violet/arms) VF 22.50* PUERTO RICO-La Republica do Cuba, Junta Central Republi- cans de Cuba y Puerto Rico 1 Peso, 17 Aug 1869, New York ("broken bank" style EF-(- 88.00. RHODESIA-Reserve Bank of Rhodesia 10/- 1966 (QE2, arms, dell blue/field of plants, blue) ....0 4.25. -10/- 1968, same, exept date U 3.75* 1 Pound 1968 (QES, arms, red/jungle waterfall) U 7.50* -----1 Pound 1067, same, cliff date, lower condition F-VF 4.00* -----1 Dollar 1970 (arms, blue/plants, blue) U -1 Dollar 1971, same, f•xept date U 3.50. 0.50. - -1 Dollar 1973, same. exept date U 2.75 2.0() 2 Dollars 1970 (arms, red/jungle waterfall, me) U 6.25° 3.25 -2 Dollars 1973, same, exept date U 4.75 SCOTLAND --Clydesdale Bank Limited .90 - --1 Pound 1969 (arms, green & me/tugboat with ship)Td1R U 6.50* - - -1 Pound 1972 (man in armor, green & me/warriors) .._ 0 4.25 SEYCHELLES-Government of Seychelles 5 Rupees 1960 (QE2, green & violetjarms) -10 Rupees 1))60 (QE2, red & green/arms) -----10 Rupees 19113, same exept date & signatures - -10 Rupees 1967, same exept date - --10 Rupees 1967, same, but one - -50 Rupees 1954 (QE2, black/arms) (continued from previous page) FALKLAND ISLANDS ---50 Pence 1969 (QE2, brown & gray/orange design: Td1R U - ---1 Pound 1967 IQE2, blue & me/blue design ) Td1R U 5.50 FAROE ISLAND-Foroyar 10 Kronur 1949 (shield with ram, orange. al, orange) F-VF 7 50* FINLAND-Soumen Pankki (Albert Pick numbers given) 500 M 1922, (nudists at lake, green/arms) P-66 F-VF ;7.59* 1000 M 1922 (diff, nudists at 1E1%e, brown/arms) P-67 F-VF 25.50* FRANCE-Banque de France 500 Francs, 1 Oct 1942 (woman, l'iac & me/young farm couple, very colorful) 192x113mm, ..trge note AU-U 5 Fr c1966 (Pasteur, bldg, me/Pasteur, chemistry lab) ....0 10 Fr c1971 (Jean Voltaire, bldg, me/Voltaire, me) FRENCH INDOCHINA-Banque de l'Indochine 20 Fr (man, me/woman, fruit, me) ovpt for NOUMEA U GREECE: SPECIMEN Note 50 Drachmas 1964 (Arethusa, blue & me/shipbuilding) ...0 19.00* GUYANA, FRENCH-Banque de la Guyane 5 Francs 1901 (two faces, blue/face, birds, red) tear G 21.00* HUNGARY (Pick numbers given in front) 98 100 Pengii 1932 (King Mathias, me/bldg) ENGRAVED U 1.50 112 100 P, same, but before Ser Letter, ca 1944-45 2.50* - 106 5 Pengii 1939 (girl, arms, brown & me/man) ENGR 2.50* 108 2 Pengii 1940 (girl, green & me/mother) EN- GRAVED 3.50* 136 1 Billion B-Pengii, or, 1 Billion Billion Pengii or, 1 with 18 zeroes, 1 July 1946 (girl, blue/bldg) 5.00* HYDERABAD 100 Rupees (1938) (blue & tric/mc ornate) scarce high de- nomination, large size note, some stains ; Sten-H256A G-F IONIAN ISLANDS: Italian Occupation, World War 2 50, 100, 500 & 1000 Dracme, set of four high values, Toy & Meyer numbers 4--7, inclusive F-VF IRAN -1000 R 1317 (Old Shah, green & me/mountain) 197x115mm G-F ISRAEL-Bank of Israel -10 Pounds 1958 (chemist in lab, violet & me/urns and scrolls) Haffner N-24c, brown serial numbers -5 Pounds 1968 (Einstain, green & me/nuclear reactor) U .** Fur more Judaica material, please refer to Palestine listing. ITALY 10 Lire 1944 (bearded man, gray/muscular men, gray- blue) 1.50* 1000 Lire 1965 (Verdi, purple & me/me design) 3.75* -1000 Lire 1969 (Verdi, violet & me/operatic theatre) U 2.75 500 L 1966 (girl, eagle, black & me/design) SPECIMEN U 17.50* MONACO: An interesting and rare ESSAI note--thick paper 1 Franc 1920 (arms, red & green/view of city) MOZAMBIQUE-Banco Nacional Ultramarino 5 Escudos 1941 (Chamigo, brown, etc/girl) BW - 100 Escudos 1961 (Ornelas, green & mc/mc design) ....VF PAKISTAN-State Bank of Pakistan 100 Rupees, recent (Moh All Jinnah, green/mosque) U 500 R, recent (Mohammed All Jinnah, red/mod bldg) U PALESTINE-Palestine Currency Board (Haffner numbers given) 1 Pound, 20 April 1939, Td1R, H-PCB-2 F-VF 22.00. --5 Pounds, 30 Sep 1929, Td1R, H-PCB-3 VFW- 175.00* 5 Pounds, 20 April 1939, Td1R, H-PCB-3 VF- 05.00. 10 Pounds, 7 Sep 1930, Td1R, H-PCB-4 VF 165.00. 10 Pounds, 1 Jan 1944, Td1R, H-PCB-4 VF 145.00. Type collectors: A given denomination has identical designs Counterfeit: Crude & tattered (on purpose?) 5P 1939 .. G 32.00* PHILIPPINES (Shafer numbers given in front) S-120 10c 1917, Phil National Bank, emergency note ....VF 8.50. S-121 20e 1917, PNB, emergency note F-VF 9.50* S-122 50c 1917, PNB, emergency note F 8.50' - 8-122 50e, same, but better condition VF 14.00* 5-70 10 Pesos, Trees Certificate, VICTORY ovpt F 3.75° S-87 20 P, TC, VICTORY ovpt F 7.50* S-89 20 P, TC, VICTORY and CENTRAL BANK OF PHIL ovpt F 14.50. 5-95 50 P, TC, VICTORY ovpt F 30.00* S-104 100 P, TC, VICTORY ovpt G-F 35.00* S-130 5 P, PNB, Series of 1916 F-VF 12.00. - S-132 5 P, PNB, Series of 1921 U 14.50* -S-133 5 P, PNB, Series of 1937 U 15.00* -S-133 5 P, same, but lower condition EF 9.50- - S-135 10 P, PNB, Series of 1916 VG 9.50* ---S-106 10 P, PNB, Series of 1921, small corner off G 6.50" 5-137 10 P, PNB, Series of 1937 F-VF 9.50. S-148 5 P, B of the Phil Islands, Series of 1933 G-F 32.50. S-154 10 P, BotPI, Series of 1933, rare G-F 47.50* S-157 20 P, BotPI, Series of 1912, rare, VICTORY Poor-G 20.00* S-CB- Central Bank type set of 4 notes : 5, 10, 20, 50c ....0 1.75 S-CB-10 1 P, Central Bank, SPECIMEN note A000000 U 50.00* S-CB-11 2 P, Central Bank, SPECIMEN note A000000 U 75.00* SPECIAL • Both the 1 and 5 P Specimen notes above . U 110.00* PRINTING ERROR: S-CB-13 10 P, Central Bank ; a triangular portion of front corner appears mirrored on the back VF 55.00* ... In the next issue I'll be listing some interesting singles and groups of Guerrilla notes . . . SWITZERLAND-Sehweizerische Nationalbank - --20 Fr c1965 (General H deFour, purple/Silver Thistle) 0 10 Fr c1965 (G Keller, violet & me/alpine rose) --5 Francs e1951 (William Tell, me/olive & me design) ....VF 3.75* 3.90 6.75 Attention 1 Collectors of US Error Notes ! X The subject is a $10 FRN, Series 1950-A ; condition is circu- .lated, say F-VF . . . The back is shifted downward 12 milli- I meters. Recently, I saw a similar note advertised for $2000.00, ). .2, and it showed a gutter on the back, that is, a portion of the next (upper) note was visible . . . My note has, instead, a plate number visible, that is, this note is from the very edge 4. •• of the misfed sheet. .2. • The price I have to get for my note is $800.00, but I will con- • sider an offer of half that in cash, the rest in a nice collection/ accumulation of "foreign" notes. .4 'I I will be glad to send you a photocopy of the back of this note .2. if you will send me a stamped self-addressed envelope. .2. This may be a rare opportunity for you to obtain such a rare y y error at a reasonable price-you can imagine what would hap- y y pen to the price if a large, slick-booklet auction house will y • get hold of it USA-MORMON MONEY--Bishops' General Storehouse, 1 Jan 1896 - -Produce & Merchandise : 10c ( black design/beehive, black design) 125x74mm, earlier type, signed, used F-VF 35.00* USA-MORMON MONEY-Later type, 150x73mm, Produce & Merch. ----5e 1 Oct 1006, similar, different date, shading U 30.00. U 35.00.- - Sc 1 Oct 1898 (blue/church) signed, CANCELLED USA-Federal Reserve Note 5 Dollars, Series 1950-D (Lincoln/Lincoln' Memorial) BEP U 8.50* -10 Dollars, Series 1950-B (Hamilton/US Treasury) BEP U 13.50 1 ' 5 Dollars, Series 1969-A, Star Replacement Note U 7.75* 5 Dollars, Series 1969-B, Star Replacement Note U 6.25 END OF LIST PM-48-THANK YOU! M. TIITUS, Box 259, Menlo Park. California 94025 USA U 5.00. VF 37.50. VF 27.50* VF 7.50 ,, U 15.00* VF 95.00* SEYCHELLES (new series, all very colorful) 5 R 1968 (QE2, bird, brown & me/design) U 3.50. 10 R 1968 (QE2, turtle, blue & me/design) U 5.50* -20 R 1968 (QE2, another bird, violet & me/design) U 9.50* 50 R 1968 (QE2, sailboat, olive & me/design) cheap F-VF 17.50* SOUTH AFRICA-Prisoner of War (Boer), Green Point Track Canteen 24.50* -1/- brown Levius-BR47: 2/- brown 131148; 5/- Mauve BR49 ; and 5/- brown BR50. Set of four notes U 47.50. STRAITS SETTLEMENTS (Payable upon demand at Singapore) 19.50* 10 Cents, crude early design, yellow & green, pre-1919? F 7.50• -10 Cents 1919 (arms, green & d red/green) Td1R ....F-VF 4.75* SURINAM--Muntbiljet 22.50* I Gulden 1971 (bldg, green/green & brown) U 1.30 --2 1/, Gulden 1967 (girl, brown/shades of brown) U 2.75 SURINAM-Centrale Bank van Suriname 24.50. -5 G 1963 (girl with basket on head, blue/arms, mc) 2.25 ENGR U 4.75* 24.50* 2 TANZANIA-Bank of Tanzania ---100 Shillings (Pres, arms, red-violet & me/native herds- man standing on one leg( This is the scarce first type back- -after some US negroes complained about African 75.00* natives being depicted naked on notes, etc, the back was changed! F-VF 27.50* 6.50* UKRAINA-Zentralnotebank Ukraine, Rowno, 10 March 1942 5.50* - 20 Karbowanez (portrait, brown & me/design) Nazi issue U 5.00* 12.50* ‘..::**:::::::::::::::::::::::::::::X•t::::::**%4; OBSOLETE NOTES AND SHEETS Continued from September Listing ALABAMA 10, 10, 10, 20 Eastern Bank of Alabama, Eufaula 30.00 1, 2, 3, 1, 2, 3 Same 2, 21, 1 State of Louisiana, Back of Texas notes, part sheet $5 (10) State of Louisiana, Shreveport, March 10, 1863 $20 1101 State of Louisiana, Pariah of Concordia 500, 1000 Canal Bank 50.00 40.00 75.00 85.00 25.00 CANADA MAINE 7 1/D, 15D, 2sh6D, 6 notes Champlain St. Lawrence R.R. 45,00 ci 1, 2, 3, 5 Searsport 10.00 CONNECTICUT MARYLAND I, 1, 2, 3 Stonington, red, whales 20.00 10, 10, 5, 5 Hagerstown 25.00 5, 5, 5, 10 Same, black and red, whales 25.00 50, 100 Same 50.00 5, 5, 10, 20 Same, EXF 25.00 3, 3, 4, 50 Same 65.00 MASSACHUSETTS 1, 1, 2, 3 City Bank New Haven 35.00 1.50, 1.25 East Brighton Bank, EXF 75.00 5, 5, 5, 10 Same 30.00 1, 1, 2, 1 Phoenix Bk, Nantucket 60.00 50, 100, 20, 20 Same 45.00 28 notes Blake and Alden, Boston, folded 65.00 Checks--Doane and Treat, Preston, Conn. sheet of two 20.00 12 notes Chas. Poinier, Boston, folded 35.00 2, 10, 20, 50 Union Bank of New London 35.00 MICHIGAN FLORIDA 1, 2, 3, 5 Millers Bank of Washtenaw, Ann Arbor 35.00 10, 10, 10, 20 Comm. Bk of Apalachicola, stained 95.00 1, 1, 2, 3 Bk of Washtenaw 25.00 2, 2, 3, 4, Comm. Bk of Fla. Apalachicola 150.00 5, 5, 5, 10 Same 15.00 1, 1, 2, 3 Tallahasse R.R. 45.00 1, 1, 2, 3 Bk of Macomb, Mt. Clemons 60.00 1, 1, 2, 3 Bk of Jacksonville 60.00 5, 5, 5, 10 Same 30.00 10e, 10e, 10c State of Florida 12.50 1, 3 Bk of Michigan, Marshall 15.00 25e, 25c, 25e Same 12.50 1, 2, 3, 5 Bk of Allegan 95.00 50e, 50e, 50c Same 12.50 5, 5, 5, 10 Farmers & Mech. Bk, Detroit, signed, folded, creased 75.00 1, 5 Michigan Ins. Bk, Detroit 45.00 5, 5, 5, 5 Peninsular Bk, Detroit 15.00 GEORGIA 5, 5, 5, 10 Merchants & Mech. Bk, Monroe 30.00 5, 5, 5, 5, 5 Osceola Consolidated mines (checks) 75.00 10, 20, 50, 100 Bk of Augusta 60.00 10, 10, 10, 10 Same checks 35.00 5, 5, 5, 5 Same, Ceres 15.00 25, 25, 25, 25 Same checks 75.00 1, 1, 1, 2 Same, Franklin and Liberty 20.00 20, 20, 20, 20, 50, 50 St. Joseph, B. C. Hoyt 60.00 1, 1, 1, 2 Same, three maidens 15.00 4, 4, 4, 4 Same 35.00 MINNESOTA 5, 5, 10, 10 Same, Oglethorpe 25.00 50, 50, 100, 100 Same 60.00 1, 1, 2, 5 Dayton Bank, St. Paul 35.00 1, 2, 3, 3 Same, printed by P. Maverick 30.00 1, 1, 1, 2 Merchants & Planters, Savannah 20.00 MISSISSIPPI 1, 2, 3, 4 Bk of Commerce, Savannah, watermarked J. Wbatman 65.00 9 notes Columbus Life 45.00 5, 5, 10, 20 Holly Springs La. notes on back 50.00 1, 2, 3, 5 State of Miss., hole-cancelled, folded 60.00 ILLINOIS 15 notes State of Miss. 25c notes 60.00 15 notes, Same 50c notes 75.00 10, 10, 20, 50 State Bk of Illinois, Ill. & Michigan Canal . 45.00 5, 5, 10, 10 State Bk of 111., Phenix Bk NYC 60.00 MISSOURI 1, 1, 1, 3 State of Mo. Defense Bonds 65.00 IOWA 1, 1, 1, 1, 1, 1, 1, 1 Banking House Baldwin Dodge, one fold .... 75.00 NEBRASKA 1, 2, 3, 5 Bk of Florence 3:5.00 1, 1, 3, 5 City of Omaha 60.00 KENTUCKY 1, 2, 3, 5 Western Exchange Fire Marine Ins. 18.00 3, 3, 1, 1 Frankfort Bank 5, 5, 5, 10 Frankfort Bank 25.00 15.00 NEW HAMPSHIRE 5, 5, 5, 5 Farmers Bank 30.00 5c, 10c, 35c, 50c State Capital Bk, Concord 25.00 10, 10, 10, 10 Same 30.00 10c, 10c, 10c, 10c Same, EXF 15.00 20, 20, 20, 20 Same 35.00 2, 1 Farmington Bk 10.00 20, 100 Piscataqua Exchange Bk, Portsmouth 30.00 LOUISIANA NEW JERSEY 20, 20, 20, 20 Canal Bank, angels 15.00 20, 20, 50, 100 New Hope Delaware Bridge 50.00 50, 50, 50, 50 Same, Liberty & Justice 20.00 1, 1, 2, 3 Morris Co. Bk, rare faded ; $3 note torn at bottom 50.00 20, 20, 20, 20 Same, three maidens 15.00 6, 7, 8, 9 Peoples Bk, Patterson 125.00 10, 10, 10, 10 Canal & Banking, Neptune 20.00 1, 1, 2, 3 State Bk, New Brunswick, folded ; border stain 20.00 20, 20, 20, 20 Citizens Bank, sailor & Justice 15.00 5, 5, 10, 20 State Bk, New Brunswick 30.00 50, 50, 50, 50 Same, woman pouring water 20.00 50, 50, 10, 500 Same 95.00 1, 2, 3 State of Louisiana, Back of Holly Springs part sheet .... 25.00 1, 1, 2, 3 Union Co. Bk, Plainfield 45.00 Wanted collections or nice singles of obsolete notes and sheets-Good to Proof GORDON HARRIS 101 GORDON PKWY., SYRACUSE, N.Y. 13219 NEW YORK 1, 1, 2, 3 Wayne Co. Bk, Palmyra 5, 5, 5, 10 Same 100, 50 City Trust and Banking 21 notes James Knox, Knox Corners, Oneida Co. 14 notes James Knox part sheet 75.00 35.00 35.00 60.00 35.00 1, 1, 2, 3 New England Comm. .Ne port 10, 5, 5, 5 Same 100, .50 Same 5, 5, 10, 20 Warwick Bank 10c, Sc, 7c, 5c Newport 1837 7.50 7.50 15.00 60.00 150.00 20 notes Mohawk Valley Bk, foil sheet 60.00 16 notes Leroy, NY green print, full sheet; scarce 40.00 SOUTH CAROLINA 14 notes Leroy, NY black print, part sheet ; the more common 25.00 1, 1, 2, 3 Office of South Carolina R. R. 35.00 15 notes Lyons, M.S. Leach, full sheet 00.00 10, 10, 10, 10 Commercial Bk of Columbia, EXF 75.00 18 notes Geo. Hallock Bk, Bath 40.00 10, 10, 10, 10 State of S. C. Rev. Bond Scrip 1872 75.00 20, 20, 50, 100 State of S. C. Rev. Bond Scrip 15.00 OHIO 1, I, 2, 3 Franklin Silk 25.00 TENNESSEE 5, 5, 5, 10 Same 15.00 5, 5, 10, 20 Bk of East Tenn., Knoxville. VF -EXF 60.00 5, 2, 1, 1 Monroe Falls 25.00 1, 3, 2, 1 Cincinnati Post notes 25.00 TEXAS 25, 25c, 50c Erie Kalamazoo R. R. Toledo .. 05.00 3, 2, 1, 50c Washington Co. scrip, Brenham 35.00 $1 (5), $2 (5) H.H. Robinson, New London 85.00 1, 1, 1, 1 Comm. & Agric. Bk of Texas, Columbia 45.00 25c, 10c, 50c Peter Black & Co., Zanesville 75.00 2, 2, 3, 5 Kelsey H. Douglass, Nacogdoches 100.00 36 notes 5c Summit Co., Cuyahuga Falls 45.00 36 notes 25c & 50c Same 65.00 18 notes 25c & 50c Same, half sheet 30.00 VERMONT 32 notes 25c Same, full sheet 00.00 1, 1, 2, 3 Windham Co. Bk, Brattleboro, green 60.00 1, 3, 5, 10 Same, pink 60.00 1, 1, 2, 3 Bk of Windsor, Stereotype 40.00 PENNSYLVANIA 10, 5, 5, 5 Same 15.00 5, 5, 5, 10 Berk Co. Bank, Reading 135.00 5, 10, 10, 20 Bk of Bennington 65.01 20, 20, 50, 100 Same 135.00 3, 4, 6, 7 Same 125.00 1, 1, 1, 2 Lumbermen Bk, Warren 75.00 1, 2, 3, 5 West River Bk, Jamaica, folded and slight tears 25.00 5, 5, 5, 5 McKean Co. Bk 20.00 I, 2, 3, 5 Same, this one bright, clean 60.00 50c, 25c, 10e, Sc, 5c, $1 Indiana Iron Works 25.00 20, 50 Same, punch canceled 65.00 50c, 25c, 10c, Sc, 10c, $5 Same 25.00 1.75, 1.50, 1.25, 50c, 75c Vermont State Bk, Burlington 65.00 SI, 50e, 25c, 10c, Sc Alleghany Furnace 25.00 1, 1, 2, 3 Vermont State Bk, Woodstock 60.00 $5, 50c, 25c, 10c, 5e Same 25.00 75c, 1.50, 1.25, 50c, 75c Vermont State Bk, Westminster 65.00 0 notes Easter Wilkes Barre Turnpike, full sheet 85.00 6 notes Marietta, full sheet 40.00 75e (4), 50e (2) Same : bottom two 50c have been removed, but still rare 60.00 1, 2 Borough of Erie 35.00 5, 5, 5, 5 Phii. & Reading R. R., VF 75.00 VIRGINIA 25c, 25c, 25c Phil. Savings Bk 25.00 lOc, lOc, lOc, 10c City of Richmond; notes are fine, borders $1 (6) Southwark Bk 35.00 dirty 20.00 1, 1, 1, 1 Montgomery Co., Generals 45.00 30e, 30c, :30c, 30c City of Richmond 35.00 25e, 50c, 25c Borough of York, covered wagons, June 1843, half sheet 60.00 60c, 60e, 60c Same 1, 1, 1, 1, 1 Traders Bk, Richmond 45.00 65.00 2, 1, 1 Borough of Hollidaysburg 1841, $2 note damaged 40.00 5, 5, 5, 5 James River & Kanawha Co., sheet only VGD 145.00 1, 2, 3 Cattawissa Co., 1840, VF 00.00 20, 50 Bk of Winchester 60.00 RHODE ISLAND WISCONSIN 1, 1, 1, 2 Bk of America, bright 75.00 1, 2, 3, 5 Corn Exchange Bk, Waupun 45.00 1, 1, 1, 2 Blackstone Canal 125.00 1, 2, 3, 5 Bank of Watertown 45.00 1, 1, 2, 2 Mount Hope Bk, Bristol 40.00 2, 3, Summit Bk, Oconomowoc 45.00 TO BE CONTINUED Wanted collections or nice singles of obsolete notes and sheets-Good to Proof GORDON HARRIS 101 GORDON PKWY., SYRACUSE, N.Y. 13219 1929-11 $5 The Woodbine National Bank of #12977 Serial #A003301. A very of six $5 Notes, on a scarce bank outstanding in 1934 CU New nice that 1935-A 51 Silver Cert. Jersey. Charter type two sheet only had $30,000 350.00 Sheet of 12 Notes. Sheet starts with serial #V43128661A Face check #972, Back check #774. A scarce sheet as these are actually series of 1935-A faces on series of 1935 backs. This sheet has been folded between the notes in two places, and the edges are beginning to age. 375.00 FR #1246 Sheet of 20 Ten Cent Notes. This sheet has been folded between all of the notes. Not as bad as it sounds. Cheap at 300.00 FR #1230 Sheet of 20 Five Cent 15;q:-., This sheet has been folded between all of the notes. No torn or stained notes. Cheap at .... 300.00 1 FR #1232 Sheet of 16 Five Cent Notes. A few hardly noticeable folds, otherwise CU 215.00 1953 $10 Silver Cert. Sheet of 18 notes. Sheet starts with serial #A00000049A. Face cheek #1 Back check #1517. A rare and desir- able sheet CU 1,295.00 1935-E $1 Silver Cert. Sheet of 18 Notes. Sheet starts with serial #U75160030G Face check #7703 Back check *5063. The bottom two notes in the middle of the sheet had a slight fold and consequently were not printed on a small portion of both notes this making this sheet even more desirable as it contains an Error CU 895.00 1953 05 Silver Cert. Sheet of 18 Notes. Sheet starts with serial #A00000057A Face check #1 Back check #2104. A rare early sheet. CU 1953 $5 Legal Tender Notes Sheet of 18 Notes. This sheet like the sheet of 1953 $5 Silver Cert. above, also starts with serial #A00000057A. Face check #2 Back check #2102. These two sheets are almost Changeover Sheets a very rare pair of sheets as such. These two CU sheets 1953 05 Silver Cert. and 1953 $5 Red Seals are priced as a pair for 2,395.00 CT SHEETS OF U.S. CURRENCY NATIONAL CURRENCY All national Currency will be listed as follows; Series, type, denomination followed by the bank title, charter number, condition and price. We will also use the following abbrevia- tions, N.B. =National Bank, # =Charter Number, BB -=Brown Back, DB=Dated Back, VB =Value Back, RS =Red Seal. Ex- ample: A note listed as 1882-BB $5 First N.B. of Sterling #3207 would be 2nd Charter $5 Brown Back on the First National Bank of Sterling, Charter #3207. ALABAMA 1902 $5 1st N.B. of Birmingham #3185, XF 40.00 1902 $10 Houston N.B. of Dothan #7932, XF/AU 150.00 1902 $10 N.B. of Opelika #11635 CU but somewhat dull 169.00 1902 $10 N.B. of Opelika #11635 CU 219.00 1929-I $10 1st N.B. of OPP #7985 VG 49.50 1929-I $20 1st N.B. of Dothan #5249 CU 80.00 1929-I $20 American Traders N.B. of Birmingham #7020 VG 27.50 ARKANSAS 1882-BB $50 Camden N.B. #4066 Title changed to 1st N.B. on 2-19-1923. Only the 2nd $50 Brown Back we have seen on this State. Very rare. Bright VF 1700.00 1902 $10 1st. N.B. of Batesville #7556 CU 250.00 1902 $10 1st N.B. of Fort Smith #1950 F/VF 80.00 1902 520 1st N.B. of Newport #6758 Crisp AU 265.00 CALIFORNIA 1929-11 $10 Farmers & Merchants N.B. of L.A. #6617 Fine 17.50 1929-I $10 Anglo Calif. N.B. of San Francisco #9174 Fine 19.50 COLORADO 1882-DB $5 1st N.B. of Colorado Springs #2179 VG 120.00 1882-DB $100 1st N.B. of Trinidad #2100 Rare VF 675.00 1902-DB $10 Trinidad N.B. #3450 Crisp AU 229.00 1902 $10 Greeley Union N.B. #4437 Scarce as the bank changed to this title in 1926. CU 225.00 1929-11 55 1st N.B. of Denver #1016 VG/F 44.00 1929-I $5 Greeley Union N.B. #4437 CU 49.50 DELAWARE 1902 $10 Union N.B. of Wilmington #1390. A scarce State that only had 30 Natl. Banks XF 185.00 DISTRICT OF COLUMBIA 1882-BB $10 Riggs N.B. of Washington #•046. Very scarce in CU 350.00 1902 $10 Nat'l. Metropolis Bank of Wash. #I069 VF 45.00 FLORIDA 1902-DB $5 Barnett N.B. of Jackson- ville #9049 CU 350.00 1929-I $10 Exchange N.B. of Tampa #4949 VG 27.50 GEORGIA 1882-BB $5 Lowry N.B. of Atlanta #5318 bright Ch Crisp AU 375.00 1882-DB $5 Cordele N.B. #5975. A beautiful and scarce note as the bank was liquidated in 1917. CU 800.00 1882-DB $10 Lowry N.B. of Atlanta #5318 F/VF 159.00 1902 05 Fourth N.B. of Atlanta #5045 CU 99.00 1902 $10 Nat'l. Exchange Bank of Augusta #1860 State Capitol Ch AU 140.00 1929-I $10 1st N.B. of Atlanta #1559 CU 50.00 HAWAII 1882-DB $10 lot N.B. of Hawaii at Honolulu #5510. The Finest Territorial of this type that we know of. Rare as a Territorial and even more so because of this condition. Ch Crisp AU 1350.00 1929-1 $50 Bishop 1st N.B. of Honolulu #5550 XF/AU 195.00 ILLINOIS 1882-BB $100 1st N.B. of Elgin #1365. Fine. Rare Sigs. of Rosecrans & Mor- gan FR #526. Cats 1450.00 in VF Our Fine only 500.00 1882-DB $10 Corn Exc. N.B. of Chicago #5106 F/VF 115.00 1902 $20 Quincy-Ricken N.B. & Trust Co. #3752 VG 30.00 1902 $20 N.B. of the Republic of Chicago #4605 VG 28.00 1929-I 520 lot N.B. of Pittsfield #1042 XF 55.00 INDIANA 1882-BB $5 1st N.B. of Hammond #3478 XF/AU 150.00 1882-DB $10 N.B. of Sullivan #5392 F/VF with two corners missing 40.00 1902 55 Riddell N.B. of Brazil #5267. A family bank and signed by J. H Riddell CU 125.00 1302 $20 1st N.B. of Green Castle #219 VG 29.50 1902-RS $100 1st N.B. of Cambridge City #2734. This bank stopped issuing notes under this title in 1913 thus making this a very rare note F/VF 355.00 1929-I $20 City N.B. of Logansport #5076 Fine 29.00 IOWA 1875 $10 City N.B. of Clinton #2469 F/VF 175.00 1882-DB $10 Des Moines N.B. #2583 VF 95.00 1082-VB $5 1st N.B. of New Hampton #2588 Rare CU 725.00 1902 SIO 1st N.B. of Ackley #8762 CU 100.00 1902 $10 Citizens N.B. of Belle P1aMe #4754 CU 135.00 JOE FLYNN, SR. COIN CO., INC. 2854 WEST 47th STREET P. 0. BOX 3140 KANSAS CITY, KANSAS 66103 PHONE: 913-236-7171 10:30 A.M. to 5:30 P.M., C.S.T. NATIONAL CURRENCY 1929-I $10 1st N.B. of Woodbin #4745 VG/F 40.00 1929-11 $10 Live Stock N.B. of Sioux City #5022 Fine 19.00 1929-I $10 1st N.B. of Traer #5135 VF 41.00 1929-I 910 1st N.B. of Rock Valley #5200 VG/F 36.00 1929-I $10 1st N.B. of Northwood #8373 VG 32.00 KANSAS 1902 $5 Farmer's N.B. of Great Bend #11707 F/VF 50.00 1902 $10 1st N.B. of Glasco #7683 Ch AU 92.50 1902 $10 Commercial N.B. & Trust Co of Emporia #11781 VG 37.00 1902 $20 Central N.B. of Topeka #3078 State Capitol Crisp AU 95.00 CU 125.00 1902 $20 Kaw Valley N.B. of Topeka #11598 Crisp AU 95.00 CU 125.00 1929-I $5 1st N.B. in Wichita #2782 VG 11.00 1929-1I $5 1st N.B. in Wichita #2782 Fine 15.00 1929-11 $1 1st N.B. of Olathe #3720 Fine 35.00 192941 $5 1st N.B. of Chanute #1819. We had 14 notes in stock. If you need a nice type note on a Western State, these are it. Only 45.00 1929-11 $5 Merchants N.B. of Topeka, #3909 VF 29.00 1929-I $5 Commercial N.B. of K.C #6311 VF 25.00 1929-I $10 1st N.B. of Leavenworth #182 1st bank chartered in Kansas VF washed 39.00 1929-I $10 Central N.B. of Topeka #3078 Fine 17.50 F/VF 20.00 XF 29.00 1929-11 $10 Central N.B. of Topeka #3078 VF 25.00 1929-I $10 1st N.B. of Winfield #3218 XF Washed 35.00 1929-I $10 1st N.B. of Coffeyville #3324 VF 35.00 1929-I $10 Miami County N.B. of Paola #3350 Ch AU 45.00 1929-I $10 Citizens N.B. of Indepen- dence #4592 F/VF 25.00 1929-1 $10 Nat'l. Bank of America at Salina #4945 VF/XF 49.00 1929-1 $10 Caney Valley N.B. #5349 XF/AU 49.00 1929-I $10 Commercial N.B. of Kansas City #6311 Fine 17.50 1929-I $10 1st N.B. of Lyndon #7222 G/VG 27.50 1929-I $10 Commercial N.B. & Trust Co. of Emporia #11781 VG 22.50 1929-1 $20 1st N.B. of Ottawa #1718 XF 49.00 1929-I 920 Peoples N.B. of Ottawa #1910 AU 49.00 1929-I $20 Citizens N.B. of Fort Scott #3175 AU 39.00 192941 $20 1st N.B. of Winfield #3218 XF 45.00 1929-I $20 1st N.B. of Manhattan #3782 CU 69.00 1929-I $20 Citizens 1st N.B. of Indepen- dence #4592 F/VF 39.00 1929-1 $20 Commercial N.B. of Kansas City #6311 XF 35.00 1929-I $20 Southwest N.B. of Wichita #12346 F/VF 36.00 KENTUCKY 1882-DB $10 N.B. of Kentucky of Louis- ville #5312. A beautiful note CU 350.00 LOUISIANA 1882-DB $10 1st N.B. of Crowley #5520 VF 227.50 1902-DB $5 1st N.B. of Shreveport #3595 XF/AU 72.50 MAINE Original $2 Belfast N.B. #840 Only 70,000 outstanding on this bank in 1905. A beautiful Lazy '2' note. Choice AU 895.00 1902 $5 City N.B. of Belfast #7586 AU 189.00 MASSACHUSETTS 1875 $2 Home N.B. of Milford #2275 Well centered but possibly washed, we really can't tell for sure. A nice Lazy '2' CU 695.00 Original $5 Elliot N.B. of Boston #536 Bright VF with a small corner missing 115.00 MICHIGAN 1902 $20 Old N.B. of Grand Rapids #2890 VG 30.00 MINNESOTA 1882-BB $5 1st N.B. of Saint Paul #203 1st Bank Chartered in Minn. Fin? 99.00 1882-BB $10 let N.B. of Winnebago City #5406 VG/F 260.00 1882-DB $20 1st N.B. of Fergus Falls #2030 VF 155.00 1882-VB $10 1st N.B. of Thief River Falls #5894 VT 249.00 1902-DB $10 1st N.B. of Roseau #6783 VF 55.00 1902 $10 lot N.B. of Cottonwood #6584 F/VF 80.00 1902 $10 Goodhue County N.B. of Red Wing #7307 G/VG 29.00 1902 $10 Nat'l. Citizens Bank of Canby #7427 F/VF 75.00 1902 $10 Farmers N.B. of Laverne #7770 VG/F 55.00 1902 $10 1st N.B. of Detroit #3426 VF 49.00 1902 $10 Moorhead N.B. #4713 VG 27.00 1902 $10 1st N.B. of Barnesville #4959 CU 97.50 1902 $10 N.B. of Dodge County at Kas- son #10580 F/VF 65.00 1902 $10 Western N.B. of Duluth #13116 CU 69.00 1902 $20 1st N.B. of Fairfax #9771 F/VF 65.00 19294 $10 North Western N.B. of Minneapolis #2006 XF 15.00 1929-11 $20 1st N.B. of Stillwater #2674 Fine 28.00 MISSISSIPPI 1902 $5 1st N.B. of Corinth #9094 CU ..350.00 1902 $10 Citizens N.B. of Corinth #9751. Would go nicely with above note Ch Crisp AU 350.00 1929-11 $10 N.B. of Commerce of Colum- bus #10361 CU 87.50 MISSOURI Original Moniteau N.B. of California #1712. A beautiful Crisp AU Lazy ' ' 795.00 1882-BB $10 N.B. of Commerce in St Louis #4178 Fine 40.00 1882-BB $10 Merchants-LaClede N.B. of St. Louis #5002 Fine 49.00 1882-BB $100 N.B. of Commerce of K.C Mo. #3760 F/VF 249.00 1882-DB $5 N.B. of Commerce in St Louis #4178 VG 29.00 1882-DB $20 People's N.B. of Warrens- burg #5156 Bright VF 159.00 1902-DB $5 Gate City N.B. of K.C #9404 Fine 27.50 1902 $5 Burnes N.B. of St. Joseph #8021 Fine 35.00 1902 $5 Southwest N.B. of Commerce of Kansas City #10231 VG/F 19.50 1902 $5 Fidelity N.B. & Trust Co. of Kansas City #11344 Fine 1902-DB $10 Tootle-Lemon Joseph #6272 VF 1902 919 1st N.B. of Carterville #4475 VF 1902 $20 Central N.B. of Carthage #4441 VG 1929-I $5 1st N.B. of K.C. #3456 VF 1929-1 $5 Mercantile-Commerce N.B. in St. Louis #4178 Fine 1929-11 $5 Burnes N.B. of St. Joseph #8021 VF N.B. of St. 1929-1 $5 American N.B. of St. Joseph #9042 VF 15.00 1929-I $5 Columbia N.B. of K.C. #11472 VF 22.00 1929-1 $5 Ludlow N.B. #13293 VI, 20.00 1929-I $10 Third N.B. of Sedalia #2919 VF 22.00 1929-1 $10 Trenton N.B. #4933 VF 29.00 1929-I $10 Fidelity N.B. & Trust Co of Kansas City #11344 F 15.00 XF/AU 17.00 AU 20.00 1929-1 $10 Drover's N.B. in K.C. #12794 VF 17.00 1929-I $20 1st N.B. in St. Louis #170 AU 25.00 1929-I $20 Booneville N.B. #10915 XF 32.50 NEBRASKA 1882-BB $5 St. Paul N.B. #3129. A scarce note as this bank was liquidated in 1897. CU 225.00 1882-DB $10 1st N.B. of Hastings #2538 F/VF 120.00 1882-DB $10 Farmers N.B. of Pilger #5941 VF/XF 225.00 1902 $10 Otoe County N.B. of Nebraska City #1417 CU 89.50 1902-DB $100 Omaha N.B. 1633 Bright XF/AU 275.00 1929-1 $10 1st N.B. of Fairburg #2294 VG 19.00 Fine 21.00 1929-I $10 1st N.B. of Holdrege #3208 VG 19.50 1929-I $10 West Point N.B. #3340 F/VF 19.50 1929-I $10 Norfolk N.B. #3347 G/VG 14.00 Fine 19.50 1929-I $10 1st N.B. of North Platte #3496 VP 20.00 1929-I $10 Albion N.B. #4173 Fine 20.00 1929-I $10 1st N.B. of Wymore #4210 VG 19.50 1929-I $10 1st N.B. of Tekamah #4324 VG 19.50 1929-I $10 1st N.B. of Crofton #8186 Rag 13.50 VG/F 15.00 F/VF 17.50 XF 22.50 1929-I $10 1st N.B. of Decatur #8988 VG 19.50 1929-I $20 1st N.B. of York #2683 F/VF 25.00 1929-I $20 1st N.B. of Wahoo #2780 AU 52.50 1929-I $20 1st N.B. of David City #2902 VG 43.00 1929-I $20 City N.B. of York #4935 VF 26.00 1929-I $20 let N.B. of Crofton #8186 VF 39.00 NEW JERSEY 1929-I $5 Berlin N.B. of Berlin #9779 CU 59.00 TERRITORY OF NEW MEXICO 1875 $20 1st N.B. of Albuquerque #2614. An extremely rare 1st. Charter Terri- torial. Most Territorials you see are in horrible condition. We feel this note is the finest known 1st charter $20 on the Territory of New Mexico. A sharp bright XF 1550.00 NEW YORK 1882-BB $10 American Exchange N.B. of N.Y. City #1394 VG/F 45.00 1882-BB $20 Trader's N.B. of Rochester #1104 VG/F 59.00 1902-RS $10 Nat'l. City Bank of N.Y #1461 One small hole, otherwise VF/XF 1929-I $5 Chase N.B. of the City of N.Y #2370 F/VF 1929-I $5 1st N.B. & T.C. of Floral Park #12449 VG/F 1929-I $20 Lincoln N.B. & T.C. of Syra- cuse #13393 Fine NORTH DAKOTA 19294 920 Merchant's N.B. & Trust Co of Fargo #13323 VG/F 80.00 36.00 25.00 30.00 17.00 17.00 17.00 19.50 50.00 10.00 16.00 27.50 JOE FLYNN, SR. COIN CO., INC. 2854 WEST 47th STREET P. 0. BOX 3140 KANSAS CITY, KANSAS 66103 PHONE: 913-236-7171 10:30 A.M. to 5:30 P.M., C.S.T. NATIONAL CURRENCY OHIO Original $5 Defiance N.B. #1906. This bank was liquidated in 1891 Scarce VG 110.00 1882-BB $5 2nd N.B. of Bucyrus #3274 3 minute pin holes otherwise bright CU 150.00 1882-BB $5 Portsmouth N.B. #935 A scarce bank liquidated in 1905. A little dirty but still CU 175.00 1882-DB $20 Bank of Commerce Nat'l Assoc. of Cleveland #5194 Bright VF 77.50 1882-DB $20 People's N.B. of Adena #6016 VF 105.00 1929-I $20 N.B. of Ashtabula #5075 Fine 27.50 OKLAHOMA 1902 010 1st N.B. of Braggs #10437 Bright VF/XF 159.00 1902 $20 Exchange N.B. of Tulsa #9658 VG/F 75.00 1902 $100 1st N.B. of Muskogee #4385 Rare Fine 375.00 1302 $100 1st N.B. in Oklahoma City #4862. Could issue notes for only 8 years under this title. Scarce sigs FR #702A VF/XF 395.00 1929-11 $5 Citizen's 1st N.B. of Paw- huska #13527 VG 120.00 1929-I $10 1st N.B. of McAlester #5052 Fine 99.00 1929-I $10 1st N.B. of Miami #5252 Fine 72.50 1929-I $10 1st N.B. of Chandler #5354 Fine 77.50 1929-1 $10 1st N.B. of Nowata #5401 XF/AU 120.00 1929-1 $10 1st N.B. in Bartlesville #6258 VF/XF 47.50 1929-11 $10 Pawnee N.B. #7611 XF/AU 135.00 1929-1 $10 Eastman N.B. of Newkirk #9011 XF/AU 135.00 1929-I $10 Union N.B. of Bartlesville #9567 VF 39.00 XF/AU 47.50 192941 $10 Union N.B. of Bartlesville #9567 Fine 35.00 1929-I $10 The Commercial N.B. in Muskogee #12890 VG 32.50 1929-I $10 Citizens 1st N.B. of Paw- huska #13527 Fine 109.00 1929-I $20 1st N.B. & T.C. of Oklahoma City #4862 F /VF 25.00 1929-II $20 1st N.B. of McAlester #5052 Fine 120.00 1929-I $20 Union N.B. of Bartlesville #9567 VF 52.50 AU 72.50 19294 $50 1st N.B. & Trust Co. of Oklahoma City #4862 XF 65.00 1929-I $50 1st N.B. & Trust Co. of Tulsa #5171 VF/XF 65.00 PENNSYLVANIA 1882-BB $20 Franklin N.B. of Phily #5459 VG 40.00 1882-BB $20 1st N.B. of Schuylkill Haven #5216 F/VF 99.00 1882-DB $10 Reading N.B. #4887 F/VF 99.00 1902 $5 lot N.B. of 'Intercourse' #9216 An unusual and popular bank title VG 325.00 1902 810 3rd N.B. of Pittsburg #291 Ch AU 35.00 1902 $10 1st N.B. of Shenandoah #3143 F/VF 41.00 1929-I $5 American N.B. of Ebensburg #6209 F/VF 15.00 1929-11 $10 1st N.B. of 'Intercourse' #9216 Scarcer than the large size. VG 325.00 SOUTH CAROLINA 1882-BB 820 N.B. of Greenville. #1935 A very rare note on a difficult State. The 1st CU $20 Brown Back we have seen. CU 1000.00 1929-11 $10 1st N.B.of Columbia #13720 VG 65.00 SOUTH DAKOTA 1902 910 1st N.B. of Deadwood #2391 VG IF 245.00 TENNESSEE 1902 920 Farmers N.B. of Shelbyville #10785 CU 175.00 TEXAS 1882-BB $10 & $20 Brownbacks Gold- thwaite N.B. #6092. The 810 note is VF and the 120 note is F/VF. A rare and unusual pair as both notes are #1 notes Ifrom the same sheet) the $10 being the top note of the sheet the 120 the bottom note of the sheet. A rare pair. Ex Philpott 695.00 1882-BB 850 Alamo N.B. of San An- tonio #4125. A rare Brown Back Bright VF/XF 399.00 1882-BB $100 Merchants N.B. of Hous- ton #5858. A rare $100 Brown Back as this bank was liquidated in 1910 VF 499.00 1882-DB 120 Frost N.B. of San Antonio #5179 Fine 105.00 1882-VB $5 City N.B. of Dallas #2455 Ch AU 199.00 1002 15 Southwest N.B. of Dallas #11996 VF 31.00 1929-I $10 1st N.B. of Waco #2189 VG 15.00 UTAH 1902 15 Nephi N.B. #8508 F/VF 69.00 1902 $20 Desert N.B. of Salt Lake City #2059 Ch AU 115.00 1902 510 1st N.B. of Ogden #2597 XF/AU 80.0() 1929-1 $10 1st N.B. of Ogden #2597 VG 36.00 VIRGINIA 1929 -1 $10 N.B. of Norton #9746 CU 125.00 WASHINGTON 1929-I 110 1st N.B. of Seattle #11280 VG 19.50 WEST VIRGINIA 1929-I $20 1st Huntington N.B. #3106 AU 36.00 WISCONSIN 1375 12 La. Crosse N.B. #2344. A very rare note as this bank was liquidated July 1, 1896 and had only 45,000 out- standing in 1896. Well centered CU 1295.00 1929-1 110 American N.B. of Wausau #4744 VG 17.00 WYOMING 1902 $20 Rock Springs N.B. #4755 VG 275.00 LEGAL TENDER NOTES FR #16 $1 AU 125.00 FR #18 81 A scarce 1 year type note CU 199.00 FR #36 $1 AU 19.50 Ch AU 21.50 CU 35.00 FR #37 $1 CU 35.00 FR #38 $1 Ch AU 22.00 CU 35.00 FR #39 $1 AU 17.50 Ch AU 20.00 CU 35.00 FR #41 $2 Good 45.00 FR 41 52 A very scarce and popular type note CU 475.00 FR #60 $2 Good 10.00 AU 29.00 CU 45.00 FR #63 $5 CU 295.00 FR #64 $5 Paper is somewhat wrinkled but still CU. One year type 169.00 FR #84 $5 VF/XF 15.00 AU 27.00 FR #87 $5 F/VF 13.00 FR #91 $5 Fine 12.00 XF 20.00 AU 30.00 CU 40.00 FR #96 $10 'Jackass Note'. We have three pieces of this scarce one year type note. One is CU with the right margin closely trimmed at 300.00 One is CU with a minute corner fold at 369.00 and the other is a bright CU note at 395.00 FR #111 $10 'Jackass Note' autographed by Morgan AU 105.00 FR #115 $10 'Buffalo Note' Ch Crisp AU 150.00 FR #122 $10 'Buffalo Note' Fine 47.50 FR #147 $20 XF 89.00 FR #1501 $2 1928 Ch AU 17.50 FR #1504 $2 1928-C XF 10.00 FR #1505 $2 1928-D AU 6.50 CU 13.00 FR #1505 92 1928-D 'Star' CU 30.00 SPECIAL 1928-F $2 CU Cats. 25.00 only 9.95 ea. SILVER CERTIFICATES FR #217 $1 Martha Washington XF 75.00 FR #220 81 Rag 19.00 FR #223 $1 Martha Washington CU 130.00 FR #224 $1 Educational VG/F 35.00 CU 239.00 FR #226 $1 Aged Paper CU 40.00 FR #226A $1 CU 50.00 FR #228 $1 VG 10.00 FR #203 $1 XF/AU 11.00 FR #235 $1 CU 35.00 FR #236 01 Ch AU 23.00 FR #237 81 Ch AU 23.00 FR #245 $2 William Windom Scarce F/VF 175.00 FR #246 82 VG/F 75.00 FR #248 $2 Educational Good 49.00 FR #260 $5 The beautiful series of 1886 with 5 Silver Dollars on the Reverse CU 795.00 FR #271 15 'One Papa' VF/XF 75.00 FR #274 $5 'One Papa' XF/AU 110.00 FR #280 $5 'One Papa' XF 9 CU 2190..0000 FR #281 $5 'One Papa' Ch AU 150.00 FR #282 $5 Lincoln A scarce one year type note of which we have several to offer. F/VF 95.00 AU 225.00 CU but the paper is somewhat wrinkled 279.00 FR #282 $5 Lincoln CU 349.00 FR #298 $10 XF 90.00 FR #303 $10 XF 90.00 FR #314 $10 Fine 150.00 FR #318 $20 VF/XF 130.00 FR #521 $20 XF 150.00 AU 200.00 FR #1606 1934 VF 2.95 FR #1609 & 1610 $1 Red R & S Pair XF 55.00 CU 125.00 FR #1611 $1 1935-B CU 6.95 FR #1613N $I 1935-D CU 3.95 FR #1614 11 1935-E CU 2.95 FR #1703 $10 1934-B 'Star Note' and thus very rare VF/XF 285.00 TREASURY NOTES FR #350 $1 Ch AU FR #351 $1 CU FR-#352 $1 CU 100.00 130.00 130.00 JOE FLYNN, SR. COIN CO., INC. 2854 WEST 47th STREET P. 0. BOX 3140 KANSAS CITY, KANSAS 66103 PHONE: 913-236-7171 10:30 A.M. to 5:30 P.M., C.S.T. NATIONAL CURRENCY FR #355 $2 A beautiful type note. One small spot on the Obverse. CU 695.00 FR #366 $10 VF 199.00 FR #369 010 Rare CU 450.00 FEDERAL RESERVE BANK NOTES FR #718 01 CU 25.00 FR #727 SI VG 10.00 FR #736 $1 Ch AU 79.00 FR #757 $2 CU 95.00 FR #774 $2 Kansas City. A very rare 'Star Note' Serial #J18160. CU 215.00 FR #801 $5 Kansas City. This note is handsigned by the Secretary and Governor VG/F 125.00 FR #803 $5 VF 44.00 FEDERAL RESERVE NOTES FR #851 $5 VF/XF 15.00 FR #859 $5 VF/XF 13.50 FR #863 $5 AU 19.50 FR #875 $5 XF 17.50 FR #879 $5 Ch AU 22.50 FR #882 $5 VF 12.50 FR #883 $5 VF/XF 13.50 XF 15.00 FR #892 $10 R.S. VG/F 18.00 FR #898 $10 R.S. VG/F 18.00 FR #900 $10 R.S. F/VF 22.00 FR #939 $5 XF 20.00 FR #960 $20 R.S. VG/F 31.00 FR #961 R.S. VG/F 31.00 VF/XF 44.00 FR #1081 $100 Red Seal Very rare in this condition. Nice AU 995.00 GOLD CERTIFICATES FR #1167 510 Washed XF 44.00 FR #1168 $10 Trimmed VF 35.00 FR #1169 $10 3 Small holes VT 31.50 FR #1172 $10 VF/XF 44.00 FR #1173 $10 Fine 22.50 F/VF 27.00 VF 31.5)1 VF/XF 35.00 FR #1184 $20 Scarce Sigs VF 60.00 FR #1187 $20 VF/XF 50.00 XF 59.00 FR #1195 $50 Series of 1882. A very rare and seldom seen note CU 1000.00 FR #1200 $50 Series of 1922. Almost as scarce as the above note only cheaper CU 449.00 FR #1214 $100 Just the slightest fold keeps us from calling this note CU. Very scarce in this condition. Ch Crisp AU 525.00 FR #1215 $100 XF/AU 995.00 FR #2400 010 VG 13.00 F/VF 15.00 VF 17.50 XF/AU 29.50 CU 55.00 FR #2400 $10 'Star Note' VF 57.50 AU 78.50 FR #2402 $20 Fine 25.00 VF . 29.00 XF 35.00 Ch AU 45.00 WE ACCEPT waste' chaiqu'l • FREE PHONE SIRVICE Call Collect In Continental U.S. ktatIon to Station 7o Confirm Orders Over $100.00 FR #2402 $20 Cats. $100 save on our CU. at 65.):06 FR #2404 $50 . Cats. $200 This note is CO but has minute pin holes. Save at 99.00 FR #2405 $100 Scarce XF 145.00 EMERGENCY ISSUES FR #2304 $20 Mule VF 35.00 FR #2300 $1 VG/F 3.00 FR #2308 $10 Series of 1934 Yellow Seal A rare note seldom seen in any condi- tion. Cats. $2250 CU. Our VF 950.00 FR #2309 $10 Ch AU 14.50 SPECIAL FR #2309 $10 CU YELLOW SEALS Cats. 45.00 only 25.00 each FRACTIONAL CURRENCY By Friedberg Numbers #1226 3c CU Dull CU #1228 5c One edge straight CU #1230 5c AU CU #1232 5e CU #1233-A Sc CU Rare Cats. $400 #1233 5c XF CU #1234 5c CU #1236 5c AU CU #1237 5c CU #1258 5c XF AU #1239 Sc XF #1240 10c XF #1241 10c XF #1242 10c Good XF AU #1242 10c Strip of 3 CU but faded #1243 10e AU - #1244 10c AU CU #1245 10c CU #1246 10e XF AU CU #1247 10c XF #1253 10c CU #1254 10c AU #1255 10e XF AU CU corner fold #1216 10e AU #1258 10c CU #1259 10c CU #1264 10c AU CU #1265 10c CU #1266 10c AU CU #1267 15c XF CU #1270 15c Rare VF FR #1270 15c CU rare 175.00 FR #1279 25c CU 55.00 FR #1280 25c XF 2 holes 17.00 FR #1284 25c AU 22.50 #1287 25c CU 40.00 #1292 25c AU 29.00 CU 40.00 #1293 25c CU 25.00 #1294 25c AU 17.50 CU Corner fold 17.50 CU Smudged 20.00 #1295 25c AU 19.00 CU 30.00 #1296 25c CU 30.00 #1297 25c XF 12.50 AU 39.50 #1301 25c AU 14.00 #1302 25c CU 20.00 #1302-A 25c CU 80.00 #1303 25c XF 10.00 CU 22.00 ...Pos,.~)/nes.)4tm44,""), ww #1305 25c CU Rare 250.00 #1309 25c CU 12.50 #1311 )5').- AU 45.00 #I312 50e AU 25.00 CU 41.00 #1313 50c AU 75.00 #1319 50c AU 59.50 #1331 50e XF 10.00 #1341 50c AU 27.50 #I343 50c VF Washed 10.00 AU 15.00 #1345 50c CIJ 50.00 #1346 50c AU 39.00 #1349 50c CU 50.00 #1356 50c CU 75.00 #1374 50c AU 32.50 #1375 50c CU 50.00 #1376 50c AU 19.50 #1379 50c AU 16.00 CU 25.00 #1381 50c AU 17.50 CU 25.011 SPECIMEN NOTES All the following are Unc. N/M=Nairow Margin W/M=Wide Margin #1226 3c Obv. N/M 49.00 #1227 3c Obv. N/M 20.00 #1226-27 3c Rev. N/M 20.00 #1232 5c Obv. N/M 15.00 #1232 5c Rev. N/M 15.00 #1236 & 38 5c Obv. N/M 25.00 #1236 5c Rev. N/M 20.00 #1238 5c Rev. N/M 20.00 #1243 10c Obv. N/M 20.00 #1243 10c Rev. N/M 20.00 #1244 10e Obv. N/M 20.00 #1244 10c Rev. N/M 20.00 #1251 10c Obv. N/M 25.00 #1251 10c Obv. W/M 50.00 #1253 10c Obv. N/M 30.00 #1254 10c Rev. N/M 20.00 #1255 10c Rev. N/M 25.00 #1255 10c Rev. W/M 50.00 #1274 15c Obv. N/M 130.00 #1274 15c Obv. W/M but has been trimmed on two sides 130.00 #1276 15c Rev. W/M but has been trimmed on two sides 40.00 #1276 15c Rev. N/M 25.00 #1291 25c Rev. N/M 20.00 #1294 25c Obv. N/M 25.00 #1294 25c Rev. N/M 20.00 #1324 50c Obv. N/M :30.00 #1331 50e Rev. N/M 20.00 #1343 50c Obv. N/M 30.00 #1357-A 50e Rev. N/M 25.00 1863 3rd Issue 10c, 25c, & 50e notes similar to design numbers 169, 176 and 181 respectively. Printed on card- board paper from U.S. Gov't. plates for Mr. Heath by Special Permission. A rare set of notes. CU 150.00 SET OF 1862 LEGAL TENDER COUNTERFEIT DETECTORS In the 1860's, a Mr. Narramore received permission to copy the original die impres- sion for all the 1862 Legal Tender Notes. Just as Fractional Currency Shields were used in Banks and Post Offices as a guide to the genuine notes, these sets were used also as a guide to detect the genuine notes from the counterfeits. This set of 9 Notes, $1 through $1000, (each note 3 1/1 in. by 1 4/4 in.) is pasted on a light manila sheet as was used in ledgers by the bankers. The group grades Fine + over all and is an outstanding conversation piece as well as a rare & unusual part of our currency's history. A seldom offered item 249.50 -■ • 15.00 25.00 35.00 10.00 10.00 15.00 Save at 225.00 7.50 15.00 22.50 29.00 40.00 60.00 12.50 17.00 15.00 19.00 19.00 4.00 9.00 12.50 45.00 39.00 12.50 17.50 18.50 10.00 12.50 18.50 11.00 50.00 60.00 10.00 10.00 15.00 12.00 15.00 17.50 12.50 17.50 12.50 8.00 10.00 19.50 40.00 49.00 JOE FLYNN, SR. COIN CO., INC. 2854 WEST 47th STREET P. 0. BOX 3140 KANSAS CITY, KANSAS 66103 PHONE: 913-236-7171 10:30 A.M. to 5:30 P.M., C.S.T. C eM1 rtiffi//e PPP 11 CHRISTMAS CURRENCY By LARRY L RUEHLEN 81/2X11 tr FORMAT / 12 + PAGES 0 FEATURING 16 ILLUSTRATIONS 0 LISTING 30 SPECIMENS 0 COSTING 2 DOLLARS SEND FOR YOJR COPY TODAY' s) •, ? 0 — Mr. L. L. Ruehlen 20614 Kencsho Hcrper Wads, MI 48225 WANTED: RARE LARGE-SIZE NOTES We require RARE large-size notes in any grade; type notes in CU only (no Federals, please), in $1 through $100 denominations. We also need all grades large-size NATIONAL BANK NOTES (requirements subject to change without notice), mainly FIRST CHARTER $1, $2 and $5; SECOND CHARTER brownback $5s, and THIRD CHARTER RED SEALS $5, $10 and $20. TOP DEALER PRICES PAID FOR REQUIRED MATERIAL. We also pay top dealer prices for required "AMERICANA" WESTERN, INDIAN & TERRITORIAL items of mid-1840s to mid- 1890s ONLY, such as: broadsides, Gold Rush, Pony Express and Wells, Fargo memorabilia ; documents, letters, coins, bars, books, autographs, checks, bonds, certificates, drafts, covers, pre-1898 firearms,* etc. WRITE or CALL (collect) first and describe what you have to offer. As dealers, we also have on hand a fine selection of notes and Western collateral for sale. Your inquiries are respectfully solicited. * No "Wells Fargo" buckles or "bawdy house" tokens, or reproductions of any kind, please. Phone: (617) 332-6119, between 3-10 PM, EST M. PERLMUTTER P. 0. BOX 476, NEWTON CTR., MA. 02159 Phone : (617) 332-6119, between 3-10 PM, EST Specializing in U. S. LARGE paper currency, Series 1861-1923, and Western "Americana." Researchers, Dealers and Appraisers. Contributors to the leading publications and trends in the field of U. S. paper money. Members of SPMC (948), ANA, ANS, PMCM, CCRT and other leading numismatic, exonumistic and philatelic organizations. Ink for these fares • Vallee if you want to SELL if you want to AUCTION if you want to BUY if you want to APPRAISE c-P63 JledPa 2145 50th Street LUBBOCK,TEXAS 79412 (806) 747-3456 ANA-LM, SOPMC, INBNS, TNA Weed/wit ae 7/tediwr WANTED: OKLAHOMA BANK NOTES 1929 SMALL SIZE REGARDLESS OF CONDITION ALEX 10193 DUNCAN 8616 MANGUM 5811 SAYRE 9976 ACH I LLE 10380 DUNCAN 12065 MARLOW 10205 SAYRE 9959 ALTUS 12155 EUFAULA 10388 MAUD 8294 SHATTUCK 9987 ALTUS 6113 FA I RFAX 7972 McALESTER 13770 STILLWATER 5347 ALVA 5587 FAIRVIEW 9767 McLOUD 6660 STILLWELL 9970 ARDMORE 12472 FREDERICK 8140 M I NCO 8644 SULPHUR 9046 ARDMORE 13677 FREDERICK 13760 NEWK I RK 5272 TEXHOMA 8852 BEGGS 6868 GEARY 10020 NORMAN 12157 TONKAWA 11397 BENNINGTON 7099 GUYMON 9964 NOBLE 9937 TULSA 9942 BERYN 7209 HARRAH 9980 OKLA CITY 8472 TULSA 12042 BROKEN ARROW 7115 HEAVENER 9888 OKMULGEE 13751 VERDEN 8859 CALVIN 6980 HEAVENER 10239 PAWHUSKA 8313 WALTERS 7811 CHELSEA 5955 HOLLIS 10240 PAWHUSKA 14304 WALTERS 14108 CH ICKASHA 8203 HOMINY 7927 POCASSET 10960 WANETTE 6641 CLAREMORE 10117 HUGO 12801 PONCA CITY 9801 WAUR I KA 8861 COLBERT 10381 KAW CITY 10402 POND CREEK 10005 WAYNOKA 9709 COMMERCE 10689 KINGSTON 9881 PORTER 7615 WELLSTON 12078 CUSH I NG 10332 LUTHER 8563 QUENTON 6517 WESTVI LLE 10158 COYLE 12148 LONE WOLF 10096 RALSTON 6232 WEWOKA 8052 DAVIS 5298 MADILL 13021 RUSH SPRINGS 8336 DEPEW 12104 MADILL 10286 SAPULPA 7788 I want the above notes for my personal collection and will pay a nice premium for them. I also want any large size Oklahomas on any towns. Contact W. J. WAKEN 311 E. MAINE ST. 405 237 2455 ENID, OKLA. 73701 405 234 7407 THINKING OF SELLING? We are interested in purchasing single specimens and entire col- lections of the following: • COLONIAL & CONTINENTAL NOTES • OBSOLETE SCRIP & BANK NOTES • ODD DENOMINATIONAL NOTES • PROOF NOTES • WESTERN TERRITORIAL NOTES • SUTLER NOTES • C.S.A. NOTES • U.S. FRACTIONAL NOTES • U.S. LARGE-SIZE NOTES MANY ITEMS AVAILABLE We have many scarce and choice items in stock and want lists will receive our immediate attention. COLONIAL VALLEY COIN CO. P. 0. BOX 187 MANHEIM, PA. 17545 Fr-613, 3rd Ch. $10; First N.B., TARKIO, Mo., AU nice, slight border oxidation. A choice note on one of the scarcer towns in the "show me" state 125.00 "NAME" NATIONALS Fr-419, Little Falls N.B., LITTLE FALLS, N.Y., VF-EF. A choice 1st Ch. type $10 with an attractive name 250.00 Fr-467, Brownback $5; Saunders County N.B., WAHOO, Nebraska, VF-EF. Home of "Wahoo" Sam Crawford, Ty Cobb's Detroit teammate of the early 1900s 295.00 Fr-477, Brownback $5; WELLS FARGO NEVADA N.B., San Francisco, crisp, bright AU nice. This much-in-demand type owes its existence to the legendary railroad magnate E. H. Harriman 295.00 Fr-555, Dateback $20; GOLD STANDARD N.B., Marienville, Pa., choice E. Fine. Chartered in 1900, during the McKinley campaign, favoring the platform to estab- lish The Gold Standard Act on a de jure basis 295.00 Fr-607, 3rd Ch. BS $5; Citizens N.B., GREAT BEND, Kansas, VF-EF 45.00 Fr-607, 3rd Ch. BS $5; Peoples N.B., OS- CEOLA MILLS, Pa., AU nice. One of 17 cities and towns across the U.S. named for the legendary Seminole Chief 70.00 Fr-613, 3rd Ch. $10; First N.B., POW- HATAN POINT, Ohio, E. Fine. Notes on this town named after Pocahontas' dad are scarce; could go with a 1st Ch. $20 (rev.) if you don't mind .stretching rele- vance a bit 85.00 Fr-632, 3rd Ch. $10; DUPONT N.B., Wash- ington, D.C., EF-AU. A choice note on D.C., and from a seldom-seen but well- known "name" bank 125.00 Fr-633, 3rd Ch. $10; Citizens N.B., BIG RUN, Pa F VF 60.00 Fr-634, 3rd Ch. $10; Rural Valley N.B., RURAL VALLEY, Pa., EF-AU 125.00 Special ists in U.S. paper currency, Series 1861-1923, and Western "Americana." Researchers, Dealers and Appraisers ; contributor to the leading reference publication and trends in U.S. paper money and "frontier" history. Members of leading numismatic, exonumistic and philatelic organizations. Want- lists respectful ly solicited. M. PERLMUTTER Phone: (617) 332-6119 P. 0. Box 476 Newton Ctr., Mass. 02159 WANTED IOWA IOWA IOWA IOWA NATIONAL BANK NOTES From the following IOWA cities and towns: Adair Estherville Holstein Marshalltown Afton Floyd Ida Grove Nashua Belmond Fort Madison I reton Northboro Blockton Garden Grove Jesup Olin Brighton Gilmore Lansing Orange City Brooklyn Goldfield Lawler Sanborn Clutier Grafton Lineville Sutherland Coin Hamburg Linn Grove Wesley College Springs Harlan Lisbon Dike Harris Macksburg Please state condition and price or send insured for my fair offer to WILLIAM R. HIGGINS, JR. BOX 64, OKOBOJI, IOWA 51355 ANA Life #109 SPMC #2950 Adrian, National Bank of Adrian #9033 Barnum, First National Bank #1176I Brewster, First National Bank #10946 Buffalo, Buffalo National Bank #12959 Canby, First National Bank #6366 Cold Spring, First National Bank #8051 Cannon Falls, First National Bank #13713 Cottonwood, First National Bank #6584 Deer River, First National Bank #9131 Grand Meadow, First National Bank #6983 Halstad, First National Bank #7196 Hendricks, First National Bank #6468 Hendricks, Farmers National Bank #9457 Kerkhoven, First National Bank #11365 Le Sueur, First National Bank #7199 Lanesboro, First National Bank #10507 Madison, First National Bank #6795 Mankato, National Bank of Com- merce #0519 Mapleton, First National Bank #6787 McIntosh, First National Bank #0488 Menahga, First National Bank #11740 Minnesota Lake, Farmers Na- tional Bank #6532 Osakis, First National Bank #6837 Park Rapids, Citizens National Bank #13602 Pipestone, Pipestone National Bank #10936 Roseau, Roseau County National Bank #11848 Sauk Center, First National Bank #3155 Stewartville, First National Bank #5330 Staples, First National Bank #5568 Verndale, First National Bank #6022 Waseca, Farmers National Bank #9253 Waterville, First National Bank #7283 WE BUY AND SELL LARGE SIZE U. S. PAPER MONEY WANTED: Choice Condition and Scarce Large Size Notes Only. See Our Ads Each Month in the Numismatist and Numismatic Scrapbook 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 SMALL-SIZE Minnesota National Currency WANTED State price and condition or send for my fair offer. I have many notes in stock as well What do you need? JOHN R. PALM Deephaven 18475 THORPE ROAD, WAYZATA, MINN. 55391 NEBRASKA OBSOLETE CURRENCY • I am buying single notes and uncut sheets of Nebraska Obso- letes for my collection. Also, medals, badges, pins, book- lets, etc. of the Trans-Mississippi Exposition. Describe and Price. • LEONARD M. OWEN SPMC 2044 684 NORTH 59th STREET OMAHA, NEB. 68132 SELLING? Would you try to sell your stamp collec- tion to a coin dealer? Don't make the same mistake with your U. S. paper money. We are a full-time dealer spe- cializing exclusively in U. S. paper money. Need we say more? • BUYING? Our current ten-page comprehensive price list of large and small U. S. paper money is yours for the asking. • THE VAULT P. 0. BOX 2283 PRESCOTT, ARIZ. 86301 Wanted Pennsylvania National Bank Notes Large or small, any type, any denomination, or un- cut sheets. Akron #9364 Leola #13186 Bainbridge 9264 Lincoln 31 98 Blue Ball 8421 Lititz 2452 Brownstown 9026 Lititz 5773 Christiana 2849 Lititz 9422 Christiana 7078 Manheim 912 Columbia 371 Manheim 3635 Columbia 641 Marietta 25 Columbia 3873 Marietta 2710 Denver 6037 Marietta 10707 Elizabethtown 3335 Marietta 14276 Ephrata 2515 Maytown 9461 Ephrata 4923 Millersville 9259 Cap 2864 Mount Joy 667 Intercourse 9216 Mount Joy 1516 Lancaster 333 Mountville 3808 Lancaster 597 New Holland 2530 Lancaster 683 New Holland 8499 Lancaster 2634 Quarryville 3067 Lancaster 3367 Quarryville 8045 Lancaster 3650 Strasburg 42 Lancaster 3987 Strasburg 2700 Landisville 9312 Terre Hill 9316 State price and condition or send for my fair offer. ELMER E. PIERCE P. 0. BOX 131, EPHRATA, PENNA. 17522 Member ANA 20105 Member SPMC 2579 NA I IONALS • I. Send self-addressed stamped envelope for free list of Large and Small-Size National Bank Notes. • II. If you have National Bank Notes that you would like to sell, please contact me. Telephone 712-255-6882 or 712-365-4514 • CURTIS IVERSEN P. 0. BOX 1221 SIOUX CITY, IOWA 51102 WANTED North Carolina Paper Money • N.C. Large and Small National Bank Notes • N.C. State Notes, Criswell Nos. 74-B, 81, 23, and all 20c Notes • N.C. Scrip FOR SALE • Hundreds of N.C. and S.C. Obsolete Bank Notes. Send want list. • Small $50 Ardmore, Oklahoma (11093) Na- tional Note, V.-V.F. $150 • Small $10 Norton, Virginia (9746) Unc. $125 • Small $10 Atlanta, Ga. (1559) Note, Unc. $42.50 Will trade any notes for N.C. National Notes needed in my collection. ROBERT P. PAYNE P. 0. Box 5433, High Point, North Carolina 27262 ANA #R036456 SPMC #287 PHILIPPINE CURRENCY Extremely Rare 500 Pesos Treasury Certificate Sh. 113, Series of 1936, obv. VF, rev. C/VG $175.00 Sh. 114, Victory Series 66, VF+ 110.00 the pair $265.00 I recently acquired a small hoard of Philip- pine National Bank Circulating Notes of One Peso denomination. I have a few left, while they last: Sh. 126, Series of 1924, VF $ 9.50 Robert C. McCurdy 1100 Queens Dr. Apt. 231 Library, Pa. 15129 I want to buy singles or collections of Philippine paper money, checks, fiscal paper, etc. Ship for my offer. S.P.M.C. 2281 A.N.A. R-72397 X911CravrAr1 1 4,11 4C11 1rAlcs2-11; 1j-1)11-:1W4 NATIONAL CURRENCY WANTED BROWNSVILLE HUNTLAND PETERSBURG CAMDEN HUNTSVILLE PIKEVILLE CARDIFF JEFFERSON CITY PULASKI CARTHAGE JELLICO RIPLEY CENTERVILLE JUNESBORO ROCKWOOD CLARKSVILLE KENTON RCGERSVILLE GOAL CREEK KINGSTON RUSSELLVILLE COOKEVILLE KINGSPORT SAVANNAH COPPER HILL LoFOLLETTE SELMER COVINGTON LAWRENCEBURG SHELBYVILLE CROSSVILLE LEBANON SMITHVILLE DAYTON LENOIR CITY SMYRNA DECHARD LEWISBURG SPARTA DICKSON LEXINGTON SPRING CITY DOYLE LINDEN SPRINGFIELD DUCKTOWN LOUDON c.WEETWATER ERWIN LYNNVILLE TAZEWELL ETOWAH MANCHESTER TRACY CITY FAYETTEVILLE MARTIN TRENTON FRANKLIN MARYVILLE I ULLAHOMA GAINESBORO McMINNVILLE WARTRACE GALLATIN MURFREESBORO WAVERLY GREENEVILLE NEWPORT WINCHESTER HARRIMAN ONEIDA WOODBURY HOHENWALD PARIS Please Grade and Price JASPER 1). PAYNE BOX 75, ROUTE 2, POWELL, TENN. 37849 ODD DENOMINATIONS WANTED I WANT TO PURCHASE ODD DENOMI- NATION U.S. OBSOLETE NOTES 5- SCRIP FOR MY COLLECTION. NOTES MUST BE PAYABLE IN CENTS OR DOLLARS. I ALSO HAVE SOME EXTRA ODD DE- NOMINATION NOTES TO TRADE FOR DENOMINATIONS THAT I DO NOT HAVE. PLEASE ADVISE WHAT YOU HAVE TO OFFER. YOU WILL RECEIVE A PROMPT REPLY. CLARENCE L. CRISWELL 4500 67th WAY NORTH ST. PETERSBURG, FLORIDA 33709 PHONE 813-544-2757 WANTED TO BUY Material Relating to: Boy Scouts of America Anything from newspaper articles to badges Must be before 1925 Also Interested in Errors in Paper Money State price and describe in first letter. HARRY L. STRAUSS, JR. 619 SOUTH STREET PEEKSKILL, NEW YORK 10566 Wanted Pennsylvania National Bank Notes Large or small, any type, any denomination, or uncut sheets-all conditions York County (PA) National Banks: Charter # DALLASTOWN - 6648 187, 197 DELTA - 4205, 5198, 4367, 14201 246, 435 DILLSBURG - 2397 604, 694 DOVER - 9362, 14049 2228, 2303 FAWN GROVE - 9385 2397, 2958 GLEN ROCK - 435 4205, 4367 GOLDSBORO - 9072 4665, 5184 HANOVER - 187 5198, 6444 JEFFERSON - 9660, 14071 6536, 6648 MOUNT WOLF - 9361, 14121 6708, 6715 NEW FREEDOM - 6715, 13887 8141, 8498 RED LION - 5184, 6708 8938, 9072 SEVEN VALLEYS - 9507 9361, 9362 SPRING GROVE - 6536, 8141 9385, 9507 STEWARTSTOWN - 4665, 6444 9660, 9706 WELLSVILLE - 8498 12063, 12305 WEST YORK - 8938 13887, 14049 WINDSOR - 12063 14071, 14121 WRIGHTSVILLE - 246 14201 YORK - 197, 604, 694, 2228, 2303, 2958, 9706, 12305 State price and condition or send for my fair offer. KENNETH R. SEACHMAN 44 WEST MARKET ST., YORK, PA 17401 (L.M.) ANA #370 Phones: (717) 854-9330 or 1717) 764-3235 "FOR SALE" PAPER MONEY AND OBSOLETE CURRENCY LARGE AND SMALL USA CURRENCY LARGE AND SMALL NATIONAL CURRENCY "RADAR" SERIAL NUMBER NOTES "UNUSUAL" SERIAL NUMBER NOTES FRACTIONAL CURRENCY COLONIAL AND CONTINENTAL CURRENCY CONFEDERATE AND CIVIL WAR ERA PAPER ITEMS EARLY U.S. CANCELLED CHECKS BROKEN BANK NOTES Above price lists available for a large-size, self-addressed and stamped envelop e. Please, state your interest so I may send the lists of your choice. Prompt attention to every request. Satisfaction guaranteed. Robert A. Condo P. 0. Box 304, Drayton Plains, Michigan 48020 ANA-LM 813, SPMC 2153 "SELLING" • Broken Bank Notes • County and Private Scrip • Odd and High Denominations • Historical Signatures Joseph Smith Sam Houston • Depression Currency • Unlisted Notes • Confederate Notes • U. S. Fractional and Specimen Notes • Encased Postage Please send your 8c SASE and indicate your specific area of interest. Receive my quarterly list relative to your particular interest. "WANTED" • Your duplicate Broken Bank and Confederate Notes (need quantity). Will purchase out- right or accept in trade for my notes. (1) Ship your notes for offer, or (2) Send your list with asking prices. DON EMBURY P. 0. BOX 66058, LOS ANGELES, CA 90066 VIRGINIA OBSOLETE NOTES 20.00 Central Bank of Va. 1860 - V.F. $7.50 50.00 Central Bank of Va. 1860 - Fine 12.00 5.00 Bank of Commonwealth. 1861 - Fine 5.00 10.00 Bank of Commonwealth. 1858 - V.F. 8.00 1.00 Bank of Old Dominion. 1862 - V.F. 6.00 5.00 Exchange Bank (Norfolk). 1861 - V.F 8.00 20.00 Exchange Bank (Norfolk, green). 1859 - Fine 10.00 25c Farmers Savings Bank. 1861 - Fine 7.00 1.00 Corp. Fredericksburg. 1861 - A.U. 8.00 1.00 Bank of Pittsylvania. 1861 - Fine 8.50 5.00 Bank of Pittsylvania. 1861 - H&L Fine 7.75 30c City of Richmond. 1862 - V.F. 4.50 2.00 Bank of Valley. u/s - X.F. 6.00 1.00 Bank of Va. (Richmond) 1862 - V.F. 10.00 50c Corp. Winchester. 2/1/62 - Fine 4.00 1.00 Corp. Winchester. 6/24/61 - Fine 8.00 6 1/4c Geo. F. Hupp, Winchester. Scrip, 1839 - A.U. 8.50 20.00 Bank of Howardsville. 1861 - Fine 9.00 50.00 Va. Trea.sury. C.7 - Unc. 22.00 Notes of other states and colonials also in stock. Send want lists. Also want to buy any notes. RICHARD T. HOOBER ANA 9302 NEWFOUNDLAND, PENNA. 18445 P. 0. BOX 196 WANTED the following IOWA TOWNS by Charter numbers for my collection. CHARTER NO.'s 66, 147, 299, 323, 337, 351, 389, 398, 405, 411, 483, 485, 493, 500, 650, 692, 751, 792, 846, 848, 922, 950, 977, 994, 999, 1101, 1299, 1403, 1441, 1540, 1577, 1581, 1593, 1611, 1618, 1629, 1661, 1671, 1684, 1696, 1724, 1726, 1744, 1776, 1801, 1811, 1813, 1815, 1836, 1862, 1880, 1891, 1943, 1947, 1976, 1986, 2012, 2015, 2028, 2032, 2033, 2051, 2080, 2115, 2177, 2182, 2191, 2197, 2215, 2230, 2247, 2298, 2326, 2327, 2363, 2364, 2411, 2417, 2484, 2535, 2555, 2573, 2586, 2588, 2595, 2644, 2656, 2679, 2721, 2733, 2738, 2753, 2766, 2818, 2821, 2841, 2856, 2895, 2936, 2953, 2961, 2971, 2983, 2984, 3012, 3017, 3026, 3048, 3049, 3053, 3055, 3071, 3112, 3153, 3197, 3225, 3226, 3252, 3263, 3273. Please let us know what you have for sale. DAVID DORFMAN ANA, SPMC, ASDA P. 0. BOX 185 SIOUX CITY, IOWA 51102 WANTED TO BUY Large or Small NORTH DAKOTA. NATIONAL BANK NOTES Also interested in Nationals from other states and choice condition type notes. I will appreciate your offerings to us. Please state price and condition. Will also trade for No. Dakota Notes. WANTED IN ANY QUANTITY THE FOLLOWING LARGE-SIZE NOTES: Frs. 114-122, inclusive. Frs. 224, 225, 247, 248, 268, 269, 270. Frs. 271-281, inclusive. Frs. 1167-1173, inclusive. Frs. 1178-1187, inclusive. Wanted in true, immaculate, chaste condi- tion! Please write or call with what you have to offer; we will pay top dealer price for GEM specimens only. ABSOLUTELY no lesser grades considered. All adjunctive material (vignettes, proofs, engravings, cor- respondence, books, etc.) alluding to the above-listed notes also wanted. M. PERLMUTTER CENTENNIAL COIN CO. BOX 755 BISMARCK, NORTH DAKOTA 58501 SPMC 948 P. 0. BOX 476 NEWTON CTR., MA 02159 Phone 617-332-6119 SPMC 948, ANA 50340, ANS, PMCM 370, CCRT 16, EPS. NATIONAL CURRENCY FOR SALE #5931 Lowell, IN, FR633, VF $ 55 #7652 Morgantown, IN, FR624, VG $ 75 #11547 Crystal Falls, MI, FR632, F $ 52 #9596 Starbuck, MN, FR627, F $ 30 #9596 Starbuck, MN, FR642, F $ 40 #10930 Conewango Valley, NY, FR598, AU $ 85 #2837 Ripley, OH, FR650, CU $ 65 #3185 Birmingham, AL, $5, T1, G $ 20 #2491 Los Angeles, CA, $10, T2, VF $ 20 #3425 Washington, DC, $10, Tl, G $ 30 #5046 Washington, DC, $20, Ti, CU $ 35 #1033 Morrison, IL, $20, Ti, G $ 50 #8221 Nashville, IL, $20, Tl, G $ 35 #9682 Cannelton, IN, $10, Tl, VG $ 35 #8337 Fairland, IN, $10, Tl, G $ 40 #317 Dubuque, IA, $20, Tl, VG $ 38 #3072 Clay Center, KS, $10, T1, VG $ 48 #3434 Wamego, KS, $10, Tl, VG $ 32 #6863 Norway, MI, $10, Ti, EF $ 38 #3378 St. Johns, MI, $20, Tl, VG $ 36 #5423 Fairmont, MN, $20, T1, VG $ 30 #4614 Marshall, MN, $10, Tl, G $ 30 #10865 Winona, MN, $10, T2, VG $ 22 #7625 Woodstock, MN, $10, T1, VG $ 35 #6827 Grove City, OH, $20, Tl, VG $110 #1553 Portland, OR, $10, Ti, VG $ 18 #1553 Portland, OR, $10, T2, F $ 23 #4514 Portland, OR, $10, T1, F $ 24 #8590 Aliquippa, PA, $10, Tl, G $ 30 #313 Indiana, PA, $10, T1, G $ 23 #4453 Tarentum, PA, $10, T1, AG $ 35 #2830 Canton, SD, $10, Tl, VG $ 85 #2950 Rutland, VT, $10, T2, VG $ 42 7-Day Return Privilege Steven R. Jennings SPMC LM ANA #648 3311 W. CARTHAGE, FREEPORT, IL 61032 FREE LIST of POPULAR SCARCE RARE WORLD PAPER MONEY Now Available! MHR DEPT. PM , P. 0. BOX 148 BROOKLYN, NY 11236 7' • 'It ,o.a of • Collector/Dealer Since 1935 WANTED "LAZY TWO" GRAND RAPIDS, WIS. Universal Numismatics Corp. FLOYD 0 JANNE' LM No 415 P 0 Box 143 Waukesha, Wisc. 53186 SELL YOUR REZiftv HARRY WANTS TO '4 'rf . • Large Size Errors • Small Size Errors • Fractional Errors • National Errors ALSO BUYING: • Type Notes • Nationals Large & Small • Uncut Sheets Large & Small • Text Notes HARRY IS SELLING ERROR NOTES: Please write for list or specify notes. HARRY E. JONES P. 0. BOX 42043 CLEVELAND, OHIO 44142 • Pay high prices. • JULIAN VALDES P. 0. BOX 703, SHENANDOAH, STA., MIAMI, FLA. 33145 ANA FUN SPMC IBNS WANTED SOUTH CAROLINA CURRENCY I am anxious to purchase obsolete notes, scrip, bonds and stock certificates. Will buy singles or collections. Highest prices for items need in my collection. Bill McLees P. 0. Box 496, Walhalla, SC 29691 WANTED Maryland National Bank Notes Contact: JOE ELLIOTT c/o Fred Sweeney Rare Coins P. 0. BOX 10144 KANSAS CITY, MO 64111 Telephone 816-753-5860 WANTED SOT TI— CAROLINA ACT RR H,NCY OBSOLETE NOTES SCR I P—BON DS NATIONALS Send description of notes or mail registered. KENNEY'S RARE COINS BOX 244, AIKEN, SC 29801 SPMC ANA SCNA BRNA curyAt.n I NEED VSHAli serrai,s riajult,ftWAIN7R . •wx, PAPER MONEY 704---- Y3KOM 7144-! -. Zr/.1MuDon.-- I WAN JQ guY ALL TYPES OF SOUTH CAROLINA PAPER MONEY 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 I 's OY PENNELL, JR. SPMC #8 ANA #11304 P. 0. BOX 858 ANDERSON, SOUTH CAROLINA 29621 SMA) C -9,2. WILLIAM P. DONLON P. 0. Box 144, Utica, New York 13503 'HEMOEP KEEP INFORMED WITH DONLON CATALOGS THE "BIBLE" FOR COLLECTORS OF UNITED STATES LARGE SIZE PAPER MONEY 1973 Third Edition, 3.50 ppd. 1968 First Ed. and 1970 Second Ed. 3.00 each Have a few copie.s 1970 Ed. clothbound 4.50 ppd. ALL THE BEST TO ALL IN 1974! WE AT DONLON'S SINCERELY HOPE THAT ALL OUR PATRONS WILL ENJOY GOOD HEALTH, HAPPINESS, AND PROSPERITY IN THE NEW YEAR AND FIND MUCH FOR WHICH TO BE THANKFUL. WE ARE THANKFUL FOR THE BEST BUSINESS YEAR IN 15 YEARS OF DEALING IN U. S. PAPER MONEY EXCLU- SIVELY, AND FOR THE GREATEST NUMBER OF NEW CLIENTS IN ANY ONE YEAR. OUR SINCERE THANKS AND APPRECIATION TO ALL WHO MADE THIS POSSIBLE. JANUARY 24 IS THE DATE! NEXT DONLON MAIL BID SALE UNITED STATES PAPER MONEY RARITIES, MISPRINTS, SINGLES AND DEALER LOTS ILLUSTRATED CATALOG ONE DOLLAR