PE flEY Official Journal of the Society of Paper Money Collectors VOL. XL, No. 6 WHOLE No. 216 NOVEMBER/DECEMBER 2001 WWW.SPMC.ORG Remember Pearl Harbor WWII Left us Short Snort•er / snort-er / n [shor snort (quick drink)] 1: a member of an informal club for which one who has made a transoceanic flight is eligible. 2: a piece of paper money endorsed by short snorters as a mem- bership certificate for a new member. -- Webster's New Collegiate Dictionary "When Carole Landis and Pat O'Brien got together on the set of Pilebuck (released as Secret Command), the picture they are appearing in at Columbia, they pulled their 'Short Snorter' bills on each other. The result was amazing. Carole and Pat, who both have recently returned from overseas personal appearances, found that their combined strings of bills were long enough to drape Carole attractively in the currency of some 35 countries." -- actual caption attached to the back of a movie promotional still photo c. 1944. F00100104111ii1l.N1114% moo' -"Maw , I 1100".M4,464- 1106 3 4.11 .122MOIP '..XXX.2131WAWLIAle 547: Show Hours: Thursday, March 14 - 2-6 pm Saturday, March 16 - 10 am-6 pm (Advance Preview Day - $25) Friday, March 15 - 10 am-6 pm Sunday, March 17 - 10 am-2 pm A three-day pass is $5 - Children 16 and under are FREE - .---,-, .2N---::-,-='ImW•:_ 40 4,„0.44.4 ____ ._..„..., ,*TM-NOW- 1112uNot 44 --...T.-_-_-;.--7,- it.:14.<;-:fr Atcl/(..e.g.,,-.=_-_-__ '7;,,,tt....6, ¢,{:,.4:■",,,, ...., YOU'RE INVITED JOIN US THIS SPRING FOR A "MUST ATTEND EVENT" The Strasburg Stock, Bond and Currency Show March 14-17, 2002 Lancaster Host Hotel 2300 Lincoln Highway East (Route 30), Lancaster, PA 17602 Featuring: • A World Class Auction of Stocks, Bonds, and Paper Money By R.M. Smythe & Co. • 100 Dealer Tables • Limited Edition Intaglio Souvenir Card available only at the show • Live Spider Press Demonstrations • Pennsylvania Dutch Tourist Attractions • Factory Outlet Malls Nearby • Free Parking Bourse and Consignment Information: Kevin Foley - R.M. Smythe P.O. Box 37650, Milwaukee, WI 53237 (414) 421-3498 Fax (414) 423-0343 Hotel Reservations: To reserve a room at the Lancaster Host Hotel, call 800-233-0121 and ask for the special $109 Strasburg Currency and Stock & Bond Show rate. Visit the R.M. Smythe & Co. website: www.smytheonline.com ANNOUNCING The Strasburg Currency and Stock and Bond Show September 12-15, 2002 Lancaster Host Hotel 2300 Lincoln Highway East (Route 30), Lancaster, PA 17602 Featuring: • A World Class Currency and Stocks & Bonds Auction by R.M. Smythe & Co. • 100 Booth Bourse Area • Special Intaglio Souvenir Card available only at the show • Live Spider Press Demonstrations • Factory Outlet Malls Nearby • Free Parking • Pennsylvania Dutch Tourist Attractions Bourse and Consignment Information: Kevin Foley - R.M. Smythe P.O. Box 37650, Milwaukee, WI 53237 (414) 421-3498 Fax (414) 423-0343 Show Hours: Thursday, September 12 - 2-6 pm Saturday, September 14 - 10 am-6 pm (Professional Preview - $25) Friday, September 13 - 10 am-6 pm Sunday, September 15 - 10 am-2 pm A three-day pass is $5 - Children 16 and under are FREE Hotel Reservations: To reserve a room at the Lancaster Host Hotel, call 800-233-0121 and ask for the special $109 Strasburg Currency and Stock & Bond Show rate. R.M.SMYTHE PAPER MONEY • November/December • Whole No. 216 357 Paper Money Official Bimonthly Publication of the Society of Paper Money Collectors, Inc. Vol. XL, No. 6 Whole No. 216 NOVEMBER/DECEMBER 2001 ISSN 0031-1162 FRED L. REED III, Editor, P.O. Box 793941, Dallas, TX 75379 Visit the SPMC web site: www.spmc.org FEATURES Souvenirs, Personal Documents & Immortality 359 By Neil Shafer Short Snorter Looms As Menace 364 By John Steinbeck An Interesting Dallas Deuce 372 By Frank Clark Work Done for ABNCo by James D. Smillie from 1858-1879, Concluded 373 By Gene Hessler and Mark Tomasko Every Short Snorter Has Its Own Tale(s) to Tell 378 By Colonel Bill Murray and Larry "Ski" Smulczenski 'Defaced' Notes Share Exciting Stories 390 By Richard Giedroyc More Thoughts on Short Snorters 394 By Joseph Boling One Note's Story: Long 'Lost' Note Brings Back Memories 396 By Fred Reed SOCIETY NEWS Information & Officers 358 An Index to Paper Money Vol. XL 2001, Nos. 211-216 380 Compiled by George B. Tremmel 2nd Annual George W. Wait Memorial Prize Announcement 386 President's Column 388 By Frank Clark Nominations Open for SPMC Board 388 New Members 400 Editor's Notebook 402 ON THE COVER Secret Command was a fast-paced espionage story set in a California shipyard. O'Brien played a foreign correspondent in the wartime employ of the FBI assigned to thwart potential Nazi saboteurs. Landis played his undercover 'wife.' The movie proved a great suc- cess and was nominated for an Oscar in 1945. Too old to serve in World War II, O'Brien, and co-star Landis both tirelessly undertook many potentially dangerous USO tours to entertain GIs. Landis, who contracted malaria on one such tour, memorialized her trips with the book Four fills in A Jeep, which became a Fox film in 1944. TERMS AND CONDITIONS PAPER MONEY is published every other month beginning in January by the Society of Paper Money Collectors (SPMC). Second-class postage is paid at Dover, DE 19901. Postmaster send address changes to Secretary Torn Minerley, P.O. Box 7155, Albany, NY 12224-0155. C Society of Paper Money Collectors, Inc., 2001. All rights reserved. Reproduction of any article, in whole or in part, without express written permis- sion, is prohibited. Individual copies of this issue of PAPER MONEY are available from the Secretary for S4 postpaid. Send changes of address, inquiries concerning non-delivery, and requests for additional copies of this issue to the Secretary. MANUSCRIPTS Manuscripts not under consideration elsewhere and publications for review should be sent to the Editor. Accepted manuscripts will be published as soon as possible; however, publication in a specif- ic issue cannot be guaranteed. Include an SASE for acknowledgment, if desired. Opinions expressed by authors do not necessarily reflect those of the SPMC. Manuscripts should be typed (one side of paper only), double-spaced with at least 1-inch margins. The author's name, address and telephone number should appear on the first page. Authors should retain a copy for their records. Authors are encour- aged to submit a copy on a 3 1/2-inch MAC disk, identified with the name and version of software used. A double-spaced printout must accompany the disk. Authors may also transmit articles via e- mail to the Editor at the SPMC web site (fred@spmc.org). Original illustrations are pre- ferred. Scans should be grayscale at 300 dpi. Jpegs are preferred. Inquire about other formats. ADVERTISING • All advertising copy and correspondence should be sent to the Editor • All advertising is payable in advance To keep rates at a minimum, all advertising must be prepaid according to the schedule below. In exceptional cases where special artwork or addi- tional production is required, the advertiser will be notified and billed accordingly. Rates are not corn- missionable; proofs are not supplied. Advertising Deadline: Copy must be received by the Editor no later than the first day of the month preceding the cover date of the issue (for example, Feb. 1 for the March/April issue). With advance approval, camera-ready copy, or electronic ads in Quark Express on a MAC zip disk with fonts sup- plied, may be accepted up to 10 days later. Note: Earlier dates may apply for special issues where space is subject to availability. ADVERTISING RATES SPMC Governors are expected to approve a slight rate increase to bring receipts in line with costs. If adopted, these new rates will take effect with the Jan/Feb 2002 issue of Paper Money. Please inquire to Editor or Advertising Manager. Requirements: Full page, 42 x 57 picas; half-page may be either vertical or horizontal in format. Single-column width, 20 picas. Except covers, page position may be requested, but not guaran - teed. All screens should be 150 line or 300 dpi. Advertising copy shall be restricted to paper cur- rency, allied numismatic material, publications, and related accessories. The SPMC does not guar- antee advertisements, but accepts copy in good faith, reserving the right to reject objectionable material or edit copy. SPMC assumes no financial responsibility for typo- graphical errors in ads, but agrees to reprint that portion of an ad in which a typographical error occurs upon prompt notification. IN THIS ISSUE 358 November/December 2001 • Whole No. 216 • PAPER MONEY Society of Paper Money Collectors SOCIETY OF The Society of Paper Money Ige:i/ PAPER MONEY Collectors (SPMC) was orga- $ COLLECTORS nized in 1961 and incorporated INC. in 1964 as a non-profit organiza- tion under the laws of the District of Columbia. It is affiliat- ed with the American Numismatic Association. The annual SPMC meeting is held in June at the Memphis IPMS (International Paper Money Show). Up-to-date information about the SPMC and its activities can be found on its Internet web site www.spmc.org . MEMBERSHIP—REGULAR and LIFE. Applicants must be at least 18 years of age and of good moral character. Members of the ANA or other recognized numismatic societies are eligible for member- ship; other applicants should be sponsored by an SPMC member or provide suitable references. MEMBERSHIP—JUNIOR. Applicants for Junior membership must be from 12 to 18 years of age and of good moral character. Their application must be signed by a parent or guardian. Junior mem- bership numbers will be preceded by the letter "j," which will be removed upon notification to the Secretary that the member has reached 18 years of age. Junior members are not eligible to hold office or vote. DUES—Annual clues are $24. Members in Canada and Mexico should add $5 to cover postage; members throughout the rest of the world add $10. Life membership—payable in installments within one year is $500, $600 for Canada and Mexico, and $700 elsewhere. Members who join the Society prior to October 1 receive the magazines already issued in the year in which they join. Members who join after October 1 will have their dues paid through December of the following year; they also receive, as a bonus, a copy of the magazine issued in November of the year in which they joined. Dues renewals appear in the Sept/Oct Paper Money. All checks should be sent to the Society Secretary. ._)1,71 a/At:1[24\ OFFICERS ELECTED OFFICERS: PRESIDENT Frank Clark, P.O. Box 117060, Carrollton, TX 75011-7060 VICE-PRESIDENT Wendell A. Wolka, P.O. Box 569, Dublin, OH 4301 7 SECRETARY Tom Minerley, P.O. Box 7155, Albany, NY 12224-0155 TREASURER Mark Anderson, 335 Court St., Suite 149, Brooklyn, NY 11231 BOARD OF GOVERNORS: Benny J. Bolin, 5510 Bolin Rd., Allen, TX 75002 C. John Ferreri, P.O. Box 33, Storrs, CT 06268 Gene Hessler, P.O. Box 31144, Cincinnati, OH 45231 Ronald L. Horstman, 5010 Timber Ln., Gerald, MO 63037 Arri "AJ" Jacob, P.O. Box 1649, Minden, NV 89423-1649 Judith Murphy, P.O. Box 24056, Winston-Salem, NC 27114 Fred L. Reed Ill, P.O. Box 793941, Dallas, TX 75379-3941 Robert Schreiner, P.O. Box 2331, Chapel Hill, NC 27515- 2331 Steven K. Whitfield, P.O. Box 268231, Weston, FL 33326 APPOINTEES: EDITOR Fred L. Reed III, P.O. Box 793941, Dallas, TX 75379-3941 CONTRIBUTING EDITOR Gene Hessler, P.O. Box 31144, Cincinnati, OH 45231 ADVERTISING MANAGER Robert Schreiner, P.O. Box 2331, Chapel Hill, NC 27515-2331 LEGAL COUNSEL Robert J. Galiette, 3 Teal Ln., Essex, CT 06426 LIBRARIAN Richard J. Balbaton, P.O. Box 911, North Attleboro, MA 02761 MEMBERSHIP DIRECTOR Frank Clark, P.O. Box 117060, Carrollton, TX 75011-7060 PAST PRESIDENT Bob Cochran, P.O. Box 1085, Florissant, MO 63031 1929 NATIONALS PROJECT COORDINATOR David B. Hollander, 406 Viduta PI, Huntsville, AL 35801-1059 WISMER BOOK PROJECT COORDINATOR Steven K. Whitfield, P.O. Box 268231, Weston, FL 33326 BUYING AND SELLING CSA and Obsolete Notes CSA Bonds, Stocks & Financial Items 60-Page Catalog for $5.00 Refundable with Order ANA-LM SCNA PCDA CHARTER MBR HUGH SHULL P.O. Box 761, Camden, SC 29020 (803) 432-8500 FAX (803) 432-9958 SPMC LM 6 BRNA FUN PAPER MONEY • November/December 200 • Whole No. 216 359 Souvenirs, Personal Documents & Immortality BY NEIL SHAFER, LM30 I LOVE SHORT SNORTERS! NOT ONLY HAVE I BEEN GATH- ering these homeless waifs up every time I see them (practically), I've written about them for years, first in the Whitman Numismatic Journal in the 1960s and several times in Bank Note Reporter as well. And believe me, those good signatures are really out there waiting for YOU to find them, too! I have been lucky that way, having found movie stars, political figures, high-ranking military individuals among others. One of the best turned out to be a lone sig- nature on a small Italian note of World War II vintage. That signature was only Humphrey Bogart, and I had Scott Winslow authenticate it for me. He said its quite a rare one because he is so well known even today. By the way, that finding occurred, would you believe, within the last year!!! The special significance of a short snorter, single or roll, is that such items meant something very special to the original owner(s), and we who find them later on can only try to capture a little of that feeling and meaning they represented at one time. In these pages I'll share some of my finds with you. Each was a joy in its own way. Good Hunting! There are many kinds of world notes with inscribed signatures or some other kinds of written messages. The contents of the written words can determine the rough classification of such notes, but whichever way they are classified, invariably they have all been the bearers of some sort of personal testimonial that someone, some- place, felt obliged to put on a piece of paper currency. By far the majority of these pieces are known to col- lectors as Short Snorters -- notes with one or more names, often in a row, and usually found attached to others of similar appear- ance. The name itself is defined two ways, as follows: (a) A member of an informal club for which a pilot, crew member or a passenger who has made a transoceanic flight is eligible; (b) A piece of paper money endorsed by short snorters as a membership certificate for a new member. It seems that the idea of a Short Snorter club sprang up during the earlier days of flight when transoceanic travel was still considered something of a feat. As the definition indicates, it became the custom for older members of this vaguely defined club (usually the crew members of an airplane) to sign their names on a single piece of paper money which then served as the owner's "membership card," to be permanently retained and shown on demand. Failure to produce that signed note at any time meant that a penalty had to be paid, generally a dollar or a drink (short snort). From this practice the term itself is derived. While not as glamorous as Carole Landis on this issue's cover, author Shafer never the less cuts a swash- buckling figure modelling a lengthy Short Snorter roll of his own at the 1st Memphis International Paper Money Show in 1977. Figures la & 1 b. Here is what a typical Short Snorter note looks like. The only distinguishing feature on this note is one of the first vertically placed signa- ture at top -- it looks like Bob Hope to me! (It is.) Shown enlarged at right. Figure 2. This large French note with all its World War II signatures has to be the epitome of the single-bill concept. 'rat, ,•" 41 -- . A R1 S, le 21 Segtembre 1939. Z. „11 tf:7' "Lfrh,;*.04...-14.7444,.en—t. arv., / 41e-, r 4 aTk 8 7 8 9 5 6 ., C4 ‘r. ck1det, "7' ,,.(1e-‘'f •-filf • 360 November/December 2001 • Whole No. 216 • PAPER MONEY The casual and slow growth of this exclusive club was abruptly shattered by the entry of the United States into the conflagration of World War II. Overnight many thousands of servicemen in every branch of the service became involuntary candidates, and the evidence shows that a great many of them were more than glad to accept the responsibilities of membership. It was often the case that a particular individual would be assigned to a number of locations around the world during his tour of duty. Though the original concept included the signing of only a single note as the Short Snorter, the member would soon find that one bill was just not providing enough room for him to gather the signatures of his buddies who were also Short Snorters. The solution was simply to start Scotch taping all sorts of notes gathered during his world travels together end on end, creating rolls sometimes reaching massive lengths of eight or ten feet! Now there was space enough for hundreds ENITED,STATE *644' IFIRVC T.11 0 JELY .,... st, ..-4,” a2.uts. Wertvi,,., ,7-4,! ile., ' ....W71017, Oat. :-.:,:.•,,,,, PAPER MONEY • November/December 2001 • Whole No. 216 361 Figures 3a & 3b. The owner of this particular piece created a D-Day commemorative complete with date and a truly artistic drawing of a U. S. soldier putting it to the German. He really had a knack for drawing car- toon characters, didn't he? of names -- and that is exactly what you can find on many of these rolls of bills. Signature exchange became a ritual indulged in by everyone, including many 'famous individuals such as entertainers, actors, actresses and others who were sent to military bases all over the world by the U.S.O. Often obtaining such signatures was accomplished with surprising ease, because it seemed everyone wanted to sign these notes. Some even included personal messages with their names, thus adding to the fun. But was it all in good ol' fun? My own belief is that there was some underlying feeling on the part of most signers that they were doing it at least in part because they wanted to achieve a bit of inner immortality. Without really expressing it, they may have feared that if they did not return from some battle, the proof that "they were there" would not exist anywhere else, so here was their signature to prove that they had indeed been there. That feeling must account for the great personal value their owners felt for such notes. These pieces were carried everyplace, becoming more and more abused from the cheap Scotch tape plus rough handling by so many GI's. Yet they stand today as a testimonial to the endurance of the human spirit if nothing more. And therein lies the great personal importance they engendered to their original owners, a feeling that we can only empathize with today as we come across them scattered here and there. Numismatically and historically there are other aspects that come into play when discussing the subject of Short Snorters. It is often true that some Figures 4a & 4b. This pair of Fractional Currency souvenir notes should also be considered a part of the Short Snorter concept even though they predate the advent of the name by many years. 362 November/December 2001 • Whole No. 216 • PAPER MONEY 3.' ' —0 : : °T 0' x ; : : ':,!'„ , IF Sgrie 1,35n. , i!''''"" Di i . "' ''.• I REPISU7.1ql:ki ,,eis bomainero-‘nationatua, AssIgnat de)-dicysous,_ payablexcuporleur. —.1c , .01 I,.g..., 1 il. .0, X; A ,_ 1;04 1 IQ .7.4t,..' . ! , ......, "." 'If L.lo; poxl,de La" ' .2?. ' :. 4 co.r...f.c,sci:b; • . IA "Alia. re...cap.. :.lerlirsotsolatettr.,.. 4 • Figures 5a & 5b. Any note was eligible to be transformed into a Short Snorter. This French assignat of 1792 is the old- est piece I have ever seen to emanate from World War II as a souvenir. great notes are a part of a roll of bills, heavily taped, and at times with names or other messages written on them. Two facts come to mind: First, if not for their having been included on the roll or used as a single-note messenger of some kind, they would probably not exist any longer. Second, the very way they are used may prove to be of great significance. Let me demonstrate. Some of the illustrations easily prove the first of these two points. The second is more elusive, but it can also be shown. Take a look at the small roll of notes with the French 20-franc piece featuring a fisherman. Now notice that it also carries the infamous head of Hitler (from a postage stamp) at the lower left corner. If you examine the note carefully you will see that it looks like the fish- erman is strangling Der Fuehrer. Well, that is the way it was supposed to look - - certainly an interesting sort of propaganda note. But it's no good unless we can prove it is contemporary. Anyone can take the very common French note and attach very common stamp pieces right now. So it is worth nothing much except if you can prove you have a genuine piece made during the war. On this particular example it happens that there are small slits in the note where the rope is, and part of the neck is inserted under- neath to give the effect of strangling. That is how it was supposed to have been prepared, according to a letter printed by Time magazine in the September 4, 1944, issue. Along with an illus- tration of a similar example, the letter reads as follows: pala,m to i aithn pa 1 -dos bilota en i bagaral. i pereu biloug Gavnit, a etas luka t gut long ) 6Figure 6. Sometimes really great items have been caught on a Short Snorter roll. Here is a fine example, a leaflet in Pidgin English originally dropped over areas like New Guinea in order to tell inhabi- tants how to assist downed air- men. 'tit, Ilk nAll 111 WA Ifilll ka pppo nau ,. giitpala katkal ti§tpus .TaPan iktun klostiCy, a 01 Japan. '111 Wanpalatioi igat tatanun of .., .n.a.. uin gat ans140 ol'n"gi.11silip. 'Weki k bu po, Into ino imp long to aim. „ I okfn bI lukaut long s,1! iib. Nada i.oi i w .krtjaut wta ling Vol ;., t• de6•10. ta..kjAm lief tnasta i wakiln Pas gitbn pa tong kial` Itattia} I 4 got ilia G VMAN Tau Mau non 1)anai matt oaa . aitiln await ni ituntinint unbo i *In 141g mastic ; a wAS2pet.1911tivialu g i w olagml Asiubilong yupala mek in bet nau g . bilipap en. ihnito nig 0)::, , °bunt wkuini asta nau I min; liklik brir U04 g MAI A. 'hint k ip taamap pe. Sapos Lak kamap ; E au lukira. ALA MAS 31,W.graratCV T401% CAWArlaifilirtaW"L ///"/ / // / 1,1 //c/7-ex)) litilAgriffitikilWAVOK D7099C* arisivampi. 400010xxicixorm 0ErMiT1111.111 6 EHIE4 D70990^ WallitOSVCOMOSK. 1+11Z) Z3+.111/3-till.a.11 yeza/iewfcacevamafe, h.;;e1 , f4/1// ,/1/49<))) N929443 4trannylUilats*.itN. umtimmmlf yr :/%,i / , ./G /, /X/ / N9294 1 3 SUPERB UNITED STATES CURRENCY FOR SALE SEND FOR FREE PRICE LIST BOOKS FOR SALE COMPREHENSIVE CATALOG OF U.S. PAPER MONEY by Gene Hessler. 6th Edition. Hard cover. 579 pages. The new Edition. $32.00 plus $3.00 postage. Total price $35.00. THE ENGRAVERS LINE by Gene Hessler. Hard cover. A complete history of the artists and engravers who designed U.S. Paper Money. $75.50 plus $3.50 postage. Total price $79.00. NATIONAL BANK NOTES by Don Kelly. The new 3rd Edition. Hard cover. Over 600 pages. The new expanded edition. Gives amounts issued and what is still outstanding. Retail price is $100.00. Special price is $65.00 plus $4.00 postage. Total price $69.00. U.S. ESSAY, PROOF AND SPECIMEN NOTES by Gene Hessler. Hard cover. Unissued designs and pictures of original drawings. $14.00 plus $2.00 postage. Total price $16.00. Stanley Morycz P.O. BOX 355, DEPT. M • ENGLEWOOD, 011 45322 937-8915-0114 364 November/December 2001 • Whole No. 216 • PAPER MONEY Short Snorter Looms as Menace By John Steinbeck By telephone to the New York Herald SOMEWHERE IN AFRICA. (VIA LONDON) -- SEP. 7, 1943 --The growth of the Short Snorters is one of the greatest single menaces to come out of the war so far. The idea started as a kind of a joke in a time when very few people flew over an ocean in an airplane. It became the custom, then for the crew of the airplane to sign their names on a one dollar bill which made the new; ocean flyer a Short Snorter. He was sup- posed to keep this bill always with him. If at any time he were asked if he were a Short Snorter, and he did not have his signed bill with him he was forced to pay a dollar to each member present at the time when the question was asked. It was good fun and a kind of general joke and also it was a means of getting someone to pay for the drinks. But then came the war and the building of thou- sands of ships and the transporting of thousands of men overseas by airplane and every single one became a Short Shorter. There are hundreds of thousands of Short Snorters now who have actually flown over an ocean, and there are further hundreds of thousands who carry a signed bill. And the new Short Snorter goes much farther than having his bill signed by the crew which carried him on his initial crossing. The custom has grown to have the bill signed by everyone you come across. At a bar you ask your drinking com- panion to sign your bill. You ask generals and actors and Senators to sign your bill. With the growing autographing, one bill soon was not enough. You procured another bill and stuck it with Scotch tape to your first bill. Then the thing went farther. You began to collect bills from other countries. To your American dollar bill, you stuck a one-pound English note, and to it a 50-franc Algerian note, and to it a hundred-lira bill. Every place you went you stuck the money to your growing Short Snorter until now there are people who have stream- ers eight and 10 feet long, which folded and rolled, make a great bundle in the pocket, and these stream- ers are covered with thousands of names and repre- sent besides considerable money. Even the one dollar original is disappearing. Many new Short Snorters use $20 bills, and some even $100 bills. These are the new autograph books. The original half of the joke has been lost. In bars, in airports, in clubs, the first thing that must be done is a kind of general exchange of signatures. Serious and intelli- gent gentlemen sign one another's bills with an absolute lack of humor. If the party is fairly large it might take an hour before every one has signed the bill of every one else. Meanwhile the soup gets cold. There are favorite places on the bill for honored and desirable autographs. The little space under Morgenthau's name is one such. The wide space beside the portrait on the bill is another. If you get an autograph you want to show you have it written on a clear space, but if it is just one of the run-of the-mill signatures it is put any place in the green part where it hardly shows up at all. It is a frantic, serious-minded, insane thing. Men of dignity scramble for autographs on their Short Snorts. A special case, usually made of cello- phane, is sometimes carried to house the bill, or the long streamer of bills because these treasures are han- dled so much that they would fall to pieces if they were not protected. The effort and time involved in this curious thing is immense. Entertainers who travel about to our troops sign literally thousands of Short Snorter bills. For no longer do people have to fly an ocean to be members. The new method is that any Short Snorter can create a new Short Snorter. The club is pyramid- ing. Probably there are 10,000,000 Short Snorters now, and every day new thousands begin to scribble on their bills. It would be interesting to know how many bills are withdrawn from circulation to be used as autograph books. They must run into the millions. The use of large bills as Short Snorter bills has a curious logic behind it. The man or woman who used a $20 or $100 bill feels that he or she will not spend this money because of the signatures on it, but he also feels that if he needs to he can spend it. Thus he has a nest egg or mad money and a treasure, too. He will not toss it over a bar nor put it in a crap game, but if he really should get into a hole he has this money with him. Very curious practices grow out of a war and surely none more strange than this one has taken over the public recently. This article appeared in Los Angeles Examiner Reprinted from MPCGram, mpcgram@yahoo.com , Series 002 Number 169, (Friday, 17 November 2000). Hitler Throttled Sirs: Take a good look at the enclosed French 20 franc note (see cut). It's one of the clever- est methods of subtle noncollaboration I can imagine. The French people who gave it to me said that millions of these were circulating around while the Germans were here.... The effect is produced by inserting a German a43$!,,p FRANCS postage-stamp portrait of Hitler behind the French fisherman's rope. ( PFC.) LESLIE LIEBER c/o Postmaster New York City PAPER MONEY • November/December 2001 • Whole No. 216 365 Figures 7a & 7b. Here is a rather small roll of notes illustrating a French 20- franc note bearing the head of Hitler at lower left. It turns out to be a genuine propaganda piece from the war (see discussion). Below: Letter to the Editor regarding this type of note alter- ation published in Time magazine, Sept. 4, 1944. Hitler Throttled "Sirs: Take a good look at the enclosed French 20 franc note (see cut). It's one of the cleverest methods of subtle noncollaboration I can imag- ine. The French people who gave it to me said that millions of these were circulating around while the Germans were here....The effect is produced by inserting a German postage-stamp portrait of Hitler behind the French fisherman's rope. -- (Pfc.) Leslie Lieber" Commenting on the above letter, I would say Pfc. Lieber (and those who told him about the wide circulation of the note) were cer- tainly exaggerating greatly -- there were not "millions" of these pieces as shown, otherwise we would have seen many more on the market. But as mentioned earlier, they are very easy to manufac- ture. The only ones that are really worthwhile are any of them that can be proven genuine products of the period. Several factors prove that the one on the roll is in fact a gen- uine wartime product. First, closer examination of this piece showed that two small slits had actually been made on either side of the rope so that the neck could be inserted through both of them. Second, there is old Scotch tape over a part of Hitler's head. Third, there is a handwritten inscription about "...thanks for our libera- tion" signed by a Frenchman on the face, and a penned date of "28- 1-45" on the back. It is certainly possible that the much simpler method of sticking the head onto the note without making the slits was also used for some of these; I do not know. All I can say for sure is that we have at least one that is absolutely real. Most of the Short Snorter notes I have seen are from United States personnel and written in English. Of course, there were some who wrote in foreign languages, but by and large they are in English. This makes me wonder if servicemen from other countries November/December 2001 • Whole No. 216 • PAPER MONEY366 THIS G[FITIFNIS THAT THU. IS ON OLP0•11. IN TN E TREASURY OF Twit itemiggA systraisi G 29492144 E • x4,-"xlizazz.,/== THIS C[RTINCA FOR ALL O[BTS, ,P=7 -=-2;11-1 t No..rssr.-r e: ,t xpabir:Acaluale tr' aoruE An-sac...cum lan,re6r, Pic M - ,NA tiA 5 Ki/AP,4* Figures 9a, 9b & 9c. Collecting signa- tures was and still is a part of the game. Someone got Jack Benny and Larry Adler to sign the note from Egypt. I'm sure you recognize the sin- gle signature on the English 10 shillings (Joe Louis), and none other than Harry Truman placed his name on the dollar. Figures 10a & 10b. War history is for- ever recorded at the scene by partici- pants in the event itself. Some exam- ples in my collection record V-E Day on a French Allied Military Currency note, the invasion of bloody Iwo Jima (below), and notes naming Hiroshima and Nagasaki, such as the one shown at right. also took to the Short Snorter habit. While I have never encountered a roll of bills from an obviously foreign source, I believe that a good many of them did at least pursue the preparation of single notes as souvenirs of various kinds. The above description applies to a majority of the notes found with inscriptions. In the main, those that fit contain signatures of buddies, famous individuals, or whoever else could be convinced to sign. Certainly all the rolls of notes made for the purpose truly belong to this group. But there are other kinds of notes with varying messages that really do not conform to most of the above considerations. Let's look at a few of them in some detail. Many inscribed notes are found as singles, often with the avowed purpose of serving as a souvenir of the place of origin. Their makers came from a wide variety of locales, ,.32060 LCC. Irc r Y tS! I'm interested in selling paper money to Littleton. Please contact me regarding my collection or holdings. Fill out this coupon and Fax Toll Free to (877) 850-3540, or Mail to: 401 -Littleton Coin Company Dept. BFS005 1309 Mt. Eustis Road Littleton, N.H. 03561-3735 coinbuy@littletoncoin.corn L Name Address City/State/Zip Daytime Phone Best time to call PAPER MONEY • November/December 2001 • Whole No. 216 367 Last Year Alone... Littleton Spent More Than $14 Million on U.S. Coins & Paper Money! Why We Need Your U.S. Paper Money It's simple. We have lots of customers, and because of their collecting needs, WE NEED YOUR PAPER MONEY! We can afford to pay highly competitive buy prices because we retail all the notes we buy. Over 150,000+ Customers Want Your Notes! Wide Range of U.S. Notes Wanted! • Single notes to entire collections • Very Good to Gem • Early large size notes to high denomination small size notes • All types including Legal Tender Notes, Silver & Gold Certificates and more Knowledge and Experience Count — We've Got Both We've earned our reputation as a nationally recognized leader in the numismatic field. And our buying team — with more than 60 years of combined experience in the grading and buying of coins and paper money — has played a crucial role. Why You Should Consider Selling to Littleton • Highly competitive buy prices • Fair appraisals and offers • Fast confirmation and settlement • Finders fees and joint arrangements • Over 50 years experience buying and selling coins and paper money • We welcome the opportunity to purchase your paper money David Sandman, President ANA Life Member #4465; PNG #510; Society of Paper Money Collectors LM#163• Member, Professional Cun -ency Dealers Association Jim Reardon (left) and Butch Caswell, two of Littleton's experienced team of buyers. We welcome the chance to consider your notes! Buyer Phone: (603) 444-1020 Toll Free: (800) 581-2646 Fax: (603) 444-3501 or Toll Free Fax: (877) 850-3540 Teletype: Facts D97 CoinNet NHO7 coinbuy@littletoncoin.com Dun & Bradstreet #01-892-9653 Over 50 Years of Friendly Service to Collectors! November/December 2001 • Whole No. 216 • PAPER MONEY Figure 11 (above). The writer of this letter home had no idea how good a souvenir he was using. The note hap- pens to be a Philippine wartime peso of 1941, one of those rare pieces sent to the Bureau of Standards for "aging" during World War 11 to simulate used currency. ifis041441 light 010or wi Oita bill f #4414rifts Wia,t iVesr k4.e•eficd__ ermr, _/2S .41* ,-Pe-4e45•04040 ,%1Stigke 7r $.44,./ere4 l. Figures 12a, 12b & 12c. Some notes have unusual inscriptions. The ones shown (clockwise) include half a note with an explanatory notation about its use to light a cigar; a marriage proposal upside down on a Japanese-Philippine 50 centavos; and a "Personal" Short Snorter. 368 PAPER MONEY • November/December 2001 • Whole No. 216 369 4%) "m0V1 SNORT CHAPTER Figures 13a & 13b. Apparently some of the major airlines saw fit to prepare notes for use as Short Snorters. The one at far left is from Northwest; I have also seen them from TWA. Any others? People from other lands also participated in the Short Snorter experience. Most likely this one at left with Chinese inscription meant something very special to its original owner. Figure 14. This English military issue caught a few signatures, especially the two-for-one name of "Edgar Bergen and Charlie" (third one down at left). ranging from the Civil War to the Mexican border fighting to private souvenir usages from many venues. Because they were thus used, they are not regularly seen as an attached unit in a large roll of notes. These pieces were frequently sent home to loved ones in a letter, thereby separating them totally from other similar kinds of pieces. It appears that in many instances any notes from every- where were sent home as substitutes for holiday greeting cards, obviously unavailable to service personnel in most places during the war. You can find a fairly large number of holiday greeting notes, and practically all seem to come from the Asian theaters of war. I speculate this phenomenon results from the fact that fighting during island-hopping in the Pacific was more sporadic, thereby allowing such notes to be prepared more easily than in Europe where fighting might be continuous throughout the continent with no particular letup. There is one final point of discussion I want to make. The Short Snorter nomenclature has been expanded here to include most of the different kinds of notes shown and described. But what about souvenirs and inscribed notes that predate the invention and development of the airplane? How do we treat Fractional Currency or Confederate notes so used? Conversely, where do we place the modern souvenir notes so many of us are constantly manufacturing (e.g., November/December 2001 • Whole No. 216 • PAPER MONEY obtaining signatures of Treasury officials or other well-known individuals)? Technically they might never be thought of as Short Snorters in the real sense because they are just too early or too late; yet I feel that since we have allowed inclusion for all the rest, it stands to reason that any and all such notes, from whatever period, should be given the same sta- tus. Do you agree? Want to make a collection of such pieces? You can find them almost anyplace, from various auctions to the proverbial miscellaneous boxes of low-priced notes. Just remember that every one of them meant something very special to their original owners, and when you happen upon an example, you now have the privilege of renewing its unique status as something a little more than just a piece of paper money with graf- fiti. It's a bit like saving a part of someone's very soul. 370 Figures 15a & 15b. During the formation of NATO there were special meetings at various times and places. This pair of Turkish notes was carefully prepared to serve as factual souvenirs of the Military and Naval Survey Group meeting there in 1947. Faces and backs of both notes were similarly used for all the different names of the participants. Figures 16a & 16b. This pair from the Korean War includes a 'normal' type of Short Snorter (left) with a self-proclaimed com- memorative for the 186th Anniversary Finance Corps U.S. Army (above). Figure 17. I leave you with this Gaelic wish as found on an Irish wartime one pound note of 1944. Its sentiment is beautifully presented, and it is one of my favorites. 61 0 9145 ECLAT, i NOT.% ,4 ENDER DUI- 4 NoTE THArrtG'rult t 3 t' . 144 Th.t Z 0% 4,, 1 1)001 ,WIlW2flp2213_ t2 1890 $1,000 "Grand Watermelon" Note sure stM i a 41111611311111bo tilisip;44kaamini~er $500 1880 Legal Tender Serial #1 Washington Brownback 1882 $1,000 Gold Certificate PAPER MONEY • November/December 2001 • Whole No. 216 371 Lyn Knight Currency Auctions Deal With The Leading Auction Company in U.S. Currency If you are buying notes... You'll find a spectacular selection of rare and unusual currency offered for sale in each and every auction presented by Lyn Knight Currency Auctions. Our auctions are conducted throughout the year on a quarterly basis and each auction is supported by a beautiful "grand format" catalog, featuring lavish descriptions and high quality photography of the lots. Annual Catalog Subscription (4 catalogs) $50 Call today to order your subscription! 800-243-5211 If you are selling notes... Lyn Knight Currency Auctions has handled virtually every great United States currency rarity. We can sell all of your notes! Colonial Currency... Obsolete Currency... Fractional Currency... Encased Postage... Confederate Currency... United States Large and Small Size Currency... National Bank Notes... Error Notes... Military Payment Certificates (MPC)... as well as Canadian Bank Notes and scarce Foreign Bank Notes. We offer: • Great Commission Rates • Cash Advances • Expert Cataloging • Beautiful Catalogs Call or send your notes today! If your collection warrants we'll be happy to travel to your location and review your notes 800-243-5211 Mail notes to Lyn Knight Currency Auctions P. 0. Box 7364, Overland Park, KS 66207-0364 We strongly recommend that you send your material via USPS Registered Mail insured for its full value. Prior to mailing material, please make a complete listing, including photocopies of the note(s), for your records. We will acknowlege receipt of your material upon its arrival. If you have a question about currency, call Lyn Knight. He looks forward to assisting you. C'Crill hi Currency Auctions A Collectors Universe Company Nasdaq: CLCT P.O. Box 7364, Overland Park, KS 66207 • 800-243-5211 • 913-338-3779 • Fax: 913-338-4754 • Elnan lyntknightetnol.corn • www.lynknight.eom Mostly 372 By FRANK CLARK TWO1111111G-LA7[S THIS NOTE IS LEGAL TEND OP ALL DEBTS, P.M AND K 026140030 A • 111.191M114111% rimAns, ;1111f4.C4:71P NIN);),A1,144,rt MAT THIS NOTE IS LEGAL TEND FOR ALL DEBTS, PUBLIC AND 11 0.ktOte,4/ZeS4 Ornswr•e,Ok. /bidal.S4,4:1•. I ■■:1 V V ti I "Ilt" , ■ I O An Interesting Dallas Deuce N APRIL 13, 1976, THE FIRST SMALL SIZE $2 Federal Reserve Notes were issued to the pub- lic. To commemorate this event, the U.S. Post Office allowed for the cancellation of currency on a hand-back basis as long as first class postage was attached to the note, which was thirteen cents at the time. This was how it was sup- posed to be, however many examples can be found of notes with less than thirteen cents or no postage at all. Perhaps newer entrants into the field of currency collecting have seen a few of these notes at shows and have wondered what those odd items are. Another big cancellation date for collectors was the Bicentennial of the United States, July 4, 1976. Besides November/December 2001 • Whole No. 216 • PAPER MONEY being a holiday, the date fell on a Sunday, so post offices would not normally be open. However, a few post offices were allowed to be open in each state to mark the special occasion. In Texas, the following cities had post offices open for July 4, 1976: Anderson, Beaumont, Corpus Christi, Dallas, Houston and Lufkin. However, a few temporary post offices were set up in certain locations. There were also some 24-hour service locations not shown on the official list of post offices open on July 4, 1976, that were indeed open. The note pictured is an interesting note. It was not only autographed in brown ink by Francine I. Neff, Treasurer of the U.S., but was canceled afterwards (the cancellation to the left of the Jefferson portrait is on top of the autograph) at Waco, Texas on July 4, 1976, twice: once without postage and once with a thirteen cent stamp. The Liberty Bell stamp of the era ties in nicely with the Bicentennial theme of the note. This must have been a 24 hour service location or a temporary post office for the Bicentennial. Postally canceling such notes ($1 and $2 notes were the denominations of choice) was done for a few years after the Bicentennial, limited only by the collector's imagination. This specialty was both numis- matic and philatelic and therefore nei- ther. It eventually died out. The rise in canceling souvenir cards may have been helped by these relics of the Bicentennial era. BIBLIOGRAPHY Vero, Andrew J. Price Guide For Bicentennial $2 Bill Cancellations, Annapolis, Maryland: B$2C Adventures (1980). PAPER MONEY • November/December 2001 • Whole No. 216 373 Work Done for ABNCo by James D. Smillie from 1858-1879 Concluded Compiled by Gene Hessler and Mark Tomasko Continued from Paper Money September/October 2001, page 315 Camping on the Pampas, #618 No. Title Artist Engraver(s) 618 Camping on the Pampas JDS J. Smillie Bond: Butte & Boston Mining Co. 1897. Bank note: Argentina, Banco de la Prov. De Buenos Aires, unknown denomination. 62 2 Bull, Buenos Ayres JDS (J.) Smillie Bank note: Argentina 5 pesos, PS482 and Hawaii $100, P15 eng. by James Smillie.) 62 5 Pampas Horse JDS JDS Bank notes: Argentina 10 pesos, PS485 & 2 pesos, PS536. Bond: Chile, Banco Agricola 1888. Saladero, #630 630 Saladero JDS (J.) Smillie Bank note: Argentina 500 pesos, PS497. 631 Gaucho with Guitar JDS C. Burt Bank note: Argentina 50 pesos, PS488-490. 633 Arkansas Arms JDS J. Smillie Bond: Little Rock RR 1883; Stock certificate: Little Rock, Mississippi River & Texas Rwy 1881. 635 [Sheep's Head] JDS J. Smillie 641 Sheep under the Onibu JDS J. Smillie Bank note: Argentina 5 pesos, PS1916, and Brazil 100 mil reis, PS553. 645 Sheep under the Oak JDS J. Smillie Bank note: Mexico 20 pesos, PS129. Stock certificate: United States Worsted Co. 374 November/December 2001 • Whole No. 216 • PAPER MONEY No. Title Artist Engraver(s) 658 Arms of Iowa JDS H.L. Chorlton Bonds: CBQ R 1881; Col. Fuel Co. 1889. Stock certificate: Buchtel Iron Co. 1880. 659 Depot JDS J. Smillie Bond & stock certificate: Lake Shore & M.S. Rwy Co. 1879; 1880 (stock certificate). 660 Mount Hood JDS J. Smillie Bond: Northern Pacific Rwy ca. 1870 and later. (This became their standard vignette.) 665 Steam, Infancy & Progress JDS J. Smillie [Emblem: ships, sailing and steam, and train] 673 Golden Gate JDS (J.) Smillie Bonds: California Redwood Co. 1883; Market Street Cable Rwy 1883. Stock certificate: Emporium Corp. 1926. 677 Arms of Mississippi j DS (J.) Smillie 679 Lowell Water Works JDS J. Smillie Bond: City of Lowell. The New Depot, #682 682 The New Depot JDS J. Smillie Bank note: Banco Nacional del Paraguay 200 pesos (back), PS152. Bonds: numerous railroads including Union Terminal Rwy Co. of the City of Buffalo, 1884. 684 Locomotive unknown JDS Bank notes: Banco Mejicano 1 peso, PS146; Banco Nacional de Mexico 1 peso, PS255. Bonds & stock certificates: numerous railroads including Michigan Central RR registered and coupon bond 1881. 688 Arms of Kansas JDS J. Smillie Bonds: Atchison, Colorado & Pacific 1879; Atchison, Topeka & Santa Fe Rwy 1880. 691 Union Dime Savings Bank N.Y. JDS J. Bannister 692 Arms of Colorado JDS JDS Bond: Moose Mining Co. 1880. Stock certificate: Adams Mining Co. 1883. 693 Banco Trujillo [Peru Arms] JDS R. Hinshelwood Bank note: Peru 1 sol, PS402 & PS414. 694 Arms of Ecuador JDS JDS Bank notes: Banco del Ecuador 1883, 100 pesos, PS195A. Bond: Banco de Credito Hipotecario 1882. Bill of exchange: Banco de Quito 1879. 700 [Railroad] JDS JDS Bonds: 1884: Burlington, Cedar Rapids & Northern Rwy; Chicago, Freeport & St. Paul Rwy; Litchfield, Carrolton & Western RR. 704 [City of Boston Arms] JDS J. Smillie 706 Banco Franco Platense [Uruguay arms] unknown (JDS) Bank notes: Uruguay 10 & 20 pesos, PS172 & 173. PAPER MONEY • November/December 2001 • Whole No. 216 375 No. Title Artist Engraver(s) 707 West Virginia Arms JDS G.J. Verbeck, Sr. Coupon bonds: West Virginia & Central Pittsburgh Rwy 1881; General Refractories Co. 1916. Stock certificates: West Virginia & Central Pittsburgh Rwy 1881; Chesapeake & Ohio RR 1885; Cook Inlet Coal Fields Co. 709 Argentine Republic [arms] JDS G.J. Verbeck, Sr. Stock certificate: Banco Nacional 1881. 710 Progress JDS J. Smillie (Two Indians on hill looking down at train.) Coupon bonds: Chicago, Milwaukee & St. Paul Rwy Co. 1880; Denver Rio Grande Western Rwy Co. 1881; Kansas Pacific Rwy Co. 1879, and many other bonds and stock certificates. 717 [Water Carrier] JDS J. Smillie Bank note: Peru 5 soles, PS313. 72 U77. Sol - Peru JDS G.J. Verbeck, Sr. 725 The Little joker JDS G.J. Verbeck, Sr. U.S. Postal Panel: for the Christmas stamp The Hobby Horse 18 Oct. 1978. 726 Illimani [mountain scene] JDS J. Smillie 728 Valparaiso JDS G.J. Verbeck, Sr. Coupon bond: Chile Municipalidad de Valaparaiso 1879. 730 Mule Train No. 2 JDS J. Smillie Bank note: Colombia 50 pesos, PS387. Stock certificate: Bushwacker Mining Co. 1891. 731 Atlanta St. Raiul Road JDS G.J. Verbeck, Sr. Ticket: Compania Urbana Parense 1892. 733 Arms of Valparaiso JDS G.J. Verbeck, Sr. Coupon bond: Chile, Municipilidad de Valparaiso 1879. 735 [Medallion] JDS J. Smillie Cincinnati Industrial Exposition Award 1872 (8 April 1872 in diary). 755 Lassoing Cattle No. 2 JDS L. Delnoce Bank note: Hawaiian Islands $10, Pl. 777 South American Ostrich Hunting JDS J. Smillie Bank note: Argentina 104, P6, Argentina, Banco Provincia de Santa Fe 10 pesos, PS816. 780 Locomotive JDS J. Smillie Coupon bonds 1882: Burlington & Ohio River Rwy 1882; Chicago & Northwestern Rwy. Stock certificate: Chicago, Burlington & Quincy RR 1883. (Numerous uses of this subject.) 784 [FNB of NY trademark] JDS J. Smillie 788 Trademark [FNB NY] JDS J. Smillie 792 Salina, Kansas JDS (from photo) J. Smillie Draft: John Geis & Co. 796 Florida Arms JDS J. Smillie 799 Llama Train No. 4 JDS J. Smillie Bank note: Argentina, Banco de la Provincia de Buenos Aires1886 (probably PS561). 800 Arms of Prov. of Santa Fe JDS J. Smillie Bank note: Banco de la Provincial de Santa Fe 1882 (probably PS826-835). 801 Reaper in S.A. JDS J. Smillie Bank note: Nicaragua 5 pesos, PS108 802 [Steam thresher] JDS H. Beckwith 808 [Eagle on Shield] JDS J. Smillie 810 Gaucho Lassoing (JDS) J. Smillie & W.W. Rice Bank note: Argentina 500 pesos, PS544. November/December 2001 • Whole No. 216 • PAPER MONEY376 City of Tokio PMSS Co., #812 No. Tide Artist Engraver(s) 812 City of Tokio PMSS Co. (Steamship) JDS J. Smillie Bank note: Argentina 200 pesos, PS510 & PS543. Stock certificate: Pacific Mail Steamship Co. 1879. Coupon bond: Tehauntepec Inter-Ocean RR Co. 1880. 813 Arms of Alabama JDS J. Smillie Coupon bond: State of Alabama 1880; East & West RR 1882; City of Mobile 1880. Stock certificate: Georgia Pacific Rwy Co. 1882. 817 Montevideo [tanning hides] JDS J. Smillie Bank note: Uruguay 20 pesos, PA105. 826 Buckeye Reaper JDS J. Smillie Coupon bond: Atchison, Colorado & Pacific Rwy 1879; NY, Lackawanna West Rwy 1880. Stock certificate: Great Northern Rwy 1929. 828 Bacchus JDS F. Girsch Bank note: Colombia 100 pesos, P218; Mexico 50 pesos, PS158. (See 29 June 1875) 833 [Horse's head] JDS J. Smillie Coupon bond: Cleveland, Belt Line Rwy Co. 1890; California Fruit, Grain & Grazing Co. 1892. 849 Condor - Chile JDS J. Smillie Bank note: Bolivia 1 bol., PS205; Colombia 1, 5, 1() & 20 pesos, PS521-525; Chile 10 & 20 pesos, PS334 & PS335. Coupon bond: Oregon Rwy & Navigation Co. 1880. 852 Large Condor JDS J. Smillie Bank note: Banco Nacional de Chile 1882; Colombia 50 pesos, PS585. 853 [Arms of Chile] JDS G.F.C. Smillie 855 Illimani No. 2 JDS J. Smillie Bank note: Bolivia 100 bol., PS204. The Harbor, #859 859 The Harbor [RR scene] JDS J. Smillie Coupon bond: Atlantic & Pacific RR Co. 1886; Central Pacific RR Co.; Chesapeake, Ohio & Southwestern RR 1881 and others. 878 Bottom of the Shaft JDS Smillie Bonds: Cahaba Coal Mining Co. 1884; Cameron Coal Co. 1883; Chicago & Northern Rwy Co. 1881; Spring Valley Coal Co. 1885. 'SOVEREIGN" , IVIYLAR. SLEEVES & ENVELOPES Just one Catalog. of the categories in the Archivalware 40 full color pages of Archival Collectibles Storage and Exhibition products. Send for your free copy & receive sam- ples of our 4 mil Mylar Currency Envelopes. Sovereign- Currency Storage - Request your free Catalog Tel: 1.800.628. 1912 Fax: 1.800.532. 9281 E-mail: info@universityproducts.com PAPER MONEY • November/December 2001 • Whole No. 216 377 Acknowledgement Appreciation is extended to Brucia Witthoft, PhD, Mark D. Tomasko for providing numerous illustrations, Walter Allan, and to William Barrett for providing photos from the ABNCo presentation book to Alexander, II, Emperor of Russia. Sources: American Bank Note Archive Series. American Bank Note Co. Commemoratives: Huntington, NY (1988, 1990, 1992). American Bank Note Company engraving records. American Bank Note Company Presentation Book to Imperial Majesty Alexander II, Emperor of Russia, New York (1860). (Note: This book is in the Hermitage in Moscow.) Hessler, G. "Note-ables," Coin World. Amos Press: Sidney, OH (1999). Hessler, G. The Engraver's Line. Port Clinton, OH: BNR Press (1993). Morris, T.F. "James Smillie, the Pictorial Engraver," The Essay-Proof Journal, Nos. 2, 4 & 5. The Essay-Proof Society (1944 & 1945). Pick. A. Standard Catalog of World Paper Money, Vols. 1 and 2. Iola, WI: Krause Pub. (1995, 1996). Schneider, R. "The Career of James David Smillie," American Art Journal. Vol. XVI. Archives of American Art: Washington, DC. (Winter, 1984). Smedley, G.B. "The Smillie Family: American Engravers and Painters," The Numismatist, (July 1958) pp. 771-780. Smillie, J.D., Diaries of. Archives of American Art: Washington, DC. (1865-1909). Witthoft, G. "The Story of James Smillie's Engraving after Albert Bierstadt's The Rocky Mountain," The American Art Journal, Vol. XIX, No. 2, (1987). MACERATED MONEY Wanted information on U.S. Chopped up Money. Who made the items, where sold, and anything of interest. Also I am a buyer of these items. Top Prices paid. Bertram M. Cohen, 169 Marlborough St., Boston, MA 02116-1830 E-mail: Marblebert@aolcom i -' i i I- 10 _ !, i c ' ,`', I. ;T' _ r^ . l',.‘ -' r ,. ,_ ;- — m ,1= - 1— ,; 11 i i ‘ I!al 1 4 1 ,, ' I , i 1 . rd, --1 ' I ' ...,.. _V , 1 ,;.1 1 rA_ ,..., I v,_,i ,,,,.. -, , i 1 11'Ilia la .ili f, Oh 2,il zIN t iltllt lip halall! i., '', .,,,., I. I I-ii a li 10' i i.1`) 1, ,r d --' 11 lill 1 g1I — . ' '-` i . 1 q -: i ru,..; ° ' '11 ',L1 .:1 I i I 1 , , il ' , `2I g r'i °, `. ',-, i ; Pi gali 1 I ii 1 II 1lii ' .1 1 } lt1l1.111,1,,,.. „ as' - ° !.' „ _ , I 1 ,”- ',A-' ' i i , 1 il i a ; i ' o l , I 1 II ° ° ° 'c0--- .,o 0 13 r_ - - e'c''P — I I I c, ii till I / z.1 3 i, li a1, 1i i t i 1 lailall "hnnil i ii li bi t il illill , iiiiih 11 H. id 6 1° . . i, 1 1 _1 1 i ■ OrN ; ! girt i i I i i_1 elo li i 2 , . i ;; i . g r! 1 1 1 - i C 4.10 I ; li I" i ; I i ; l i A i ,- 1 . 1Z .s13.1 11 .1 _ I Licarasm III ® ctl ONE II,VVAD LE TO 'nit: BLARERO DEMAND IN SILVER PESOS OR IN LEGAL TENDER CURRENCY OF To E UNITED STATES OF EQUIVALENT VALUE F06495162., otimatiertri " 378 November/December 2001 • Whole No. 216 • PAPER MONEY Every Short Snorter Has Its Own Tale(s) to Tell By Colonel Bill Murray T AM ALWAYS INTERESTED IN REFERENCES to Short Snorters. Mine, long lost and sadly so, con- tained only three notes, but some interesting signatures. The exact date of its inception, I'm unsure, but it was in late 1942, early 1943. I was a passenger on board a Gooney Bird from Milne Bay, British New Guinea to Port Moresby. When we landed, I had to await trans- portation and was taken by the crew (pilot and co-pilot) to an officers' club near the strip. They asked if I had my Short Snorter. I not only did not have it, I didn't know what they were talking about. They then proceeded to tell me that you were "authorized" one (maybe not their exact words, but close) when you had crossed an ocean in an Army aircraft, and if you didn't have yours to show, you bought a round of drinks. I said,"I haven't crossed an ocean in an aircaft," and they responded, "You just did. Order up." I did not think following the coast of the Coral Sea off new Guinea for 200 miles or so constituted "crossing an ocean," but I was a ground pounder in their club, so I ordered up. Since then, I have seen and heard many rea- sons for joining the the "Short Snorter" fraterni- ty. However, I am convinced the real reason behind all of the various stories, is purely and simply a desire to generate free drinks and espirit. My first bill, as is often the case was a $1 U.S. That was shortly followed by a 10 shilling Australian note, and then a Dutch New Guinea, 1 guilder. Oddly enough that was the end of my Short Snorter. What happened to it I don't know, but the signatures included General Douglas MacArthur, who signed it at a confer- ence I attended, and Dick Bong, the first American Ace to exceed Rickenbacker's aircraft kills. Bong ended up with 40 kills of Japanese aircraft before they took him out of combat for his protection only for him to die in the U. S, test flying a P-80. By Larry "Ski" Smulczenski T HAVE LOOKED AT THOUSANDS OF SHORT snorter notes over the years, and the number of names that I could identify could be counted on my fin- gers. Yes, I have seen some notes in auction catalogs that have been signed by famous people like President Franklin Roosevelt or General Dwight Eisenhower or General George Patton. I even own one that was sold to me by good friend R. A. Medina, a 1929 1 peso note from the Philippines that it signed by C. L. Chennault of Flying Tiger fame and three other military officers. Were these others members of the famed Flying Tigers? Or since it was a Philippine note could it have been created by an aircrew flying Chennault from China to the Philippines to meet with MacArthur? If only the note could tell its story! Many of the names that you recognize on notes are entertainers who performed during USO shows for the troops. Probably the person who autographed the largest number of short snorters was the famous come- dian Joe E. Brown. You can frequently find his name on a note with some female names who were probably part of the touring entourage. One of the most interesting notes I've seen is owned by Mike Payton who wrote an article about the note for the IBNS Journal. It was signed by the crew of the gunboat Panay sunk by the Japanese on the Yangtze River. But without a doubt the "King of Short Snorter Rolls" was owned by Grover Criswell. I saw this thing when Fred Schwan and I visited Grover at his home a half dozen years or so ago. I think Grover told us he bought it out of a New York auction held by Stack's. It was tightly rolled and had to be somewhere between 12 and 15 inches in diameter. The total number of notes slips my mind, but it had to be 400 to 500 notes with a length up to 200 feet long. I spent about three hours looking for notable signa- tures on the notes. The only one that I recognized was Joe Kennedy, who was the older brother of President John F. Kennedy. I wonder what happened to that roll? Was it sold before Grover died, or did it go into the estate? WORLD PAPER MONEY specialized in Poland, Russia & E.Europe ATS notes Free Price List www.atsnotes.com ats@atsnotes.com Torn Sluszkiewicz P.O.Box 54521, Middlegate Postal BURNABY, B.C., CANADA, V5E 4J6 Nobody pays more than Huntoon for ARIZONA & WYOMING state and territorial Nationals Peter Huntoon P.O. Box 60850 Boulder City, NV 89006 702-294-4143 Or It 0 4cs' ''Areirk , urihrth T.allar5 deb ark. PAPER MONEY • November/December 2001 • Whole No. 216 379 PAPER MONEY will accept classified advertising — from members only — on a basis of 15c per word (minimum charge of $3.75). Ad must be non-commercial in nature. Word count: Name and address count as five words. All other words and abbreviations, figure combinations and initials count as separate words. No check copies. 10% discount for four or more insertions of the same copy. Authors are also offered a free three-line classified ad in recognition of their contribution to the Society. These ads are denoted by (A) and are run on a space available basis. TRADE OR SELL $5 CH UNC 1929 National 906 Lexington, KY Type 2 for your UNC National. Write Robert Marshall, 87 Jane Dr., St. Peters, MO 63376 (216) CIVIL WAR ENCASED STAMPS rare ©1994 limited 1st edition, unbound folios, antique oversize paper, autographed. Only $169. Fred Reed, POB 118162, Carrollton, TX 7501 1-8 162 (216) HUNTSVILLE, ALABAMA PAPER WANTED: Nationals, obso- letes, merchant scrip, checks, postcards, etc. Bob Cochran, Box 1085, Florissant, MO 63031. Life Member SPMC. (218) PAPER MONEY BACK ISSUES WANTED: #I24 (July/Aug 1986) through #150 (Nov/Dec 1990). Bob Cochran, Box 1085, Florissant, MO 63031. Life Member SPMC. (218) BANK/BANKING HISTORIES WANTED: 1 collect, sell and trade bank histories. Whatcha got? Whatcha need? Bob Cochran, Box 1085, Florissant, MO 63031. Life Member SPMC. (218) RUSSIAN AND WORLD BANK NOTES, Paper Collectibles and Coins. Michael Haritonov, P.O. Box 1436, 40020 Sumy, Ukraine. SPMC member. (218) HELP A FELLOW COLLECTOR. I only need two issues of Paper Money to complete my set (#133 J/F 1988 & #195 M/J 1998). If you can help, please contact Fred Reed, e -mail: freed3@airmail.net (A) HELP ME TURN UP THESE NOTES. NB of Commerce of Dallas #3985 ($5, $10 T2), and North Texas NB in Dallas #12736 ($10, $20 T1). Frank Clark, POB 117060, Carrollton, TX 75011-7060 (A) SERIOUS COLLECTOR SEEKS Evansville, IN banking items, esp. most large size nationals, post cards and collateral items. Thanks. Dave Grant, 1229 Red Oak Plantation, Ballwin MO 63021 (A) A HISTORY OF BERMUDA & ITS PAPER MONEY (2nd ed.). Completely revised, hardound, 224 pages. Underpriced at $69 post- paid. Nelson Page Aspen, 420 Owen Rd, West Chester, PA 19380 (A) Don't forget Paper Money Authors Receive a FREE 3-line word ad EASTMAICIl Business College Currency For Sale • Great Notes Still Remain! • Chance of a lifetime • List $3 or free via e-mail 259 Notes, including 113 UNL, 103 R-7 250+ checks, stocks, stamps, etc. Counterfeit detectors, scrapbooks, stereoviews, 3 CWT (NY760A-1 d CN R-7) Items to be illustrated in forthcoming series/book Fred Reed P.O. Box 118162 Carrollton, TX 75011-8162 e-mail: freed3@airmail.netL 380 November/December 2001 • Whole No. 216 • PAPER MONEY An Index to Paper Money Volume 40, 2001 / Numbers 2 ; 11-216 Compiled by George B. Tremmel Yr. Vol. No. Pg. 40TH ANNIVERSARY ISSUE ARTICLES. #I3 Was Lucky for Harry, Harry Forman, illus. 01 40 211 144 $120 to Baldy, $140 to Bushy, $120 to Baldy, Tom Denly, illus. 01 40 211 153 1985: SPMC Sponsors Cherry Hill Show, Bill Horton, illus. 01 40 211 58 A New Word For Our Fraternity, Gene Hessler. 01 40 211 86 A Society Tradition, Tom Bain Raffle Raises Funds and Fun, Wendell Wolka, illus. 01 40 211 42 A Trial Listing: Catalog of SPMC Memorabilia, Fred L. Reed III, illus. 01 40 211 107 ABN Co. Provides SPMC Members With Unique ID Cards, Fred L. Reed III, illus. 01 40 211 30 BEP Visit Led to Lifelong Paper Money Affair, Nathan Goldstein II, illus. 01 40 211 155 Bill Donlon Was Memorable, Charles Kemp 01 40 211 158 Congratulations SPMC, James N. Treadaway 01 40 211 136 Dealers With Whom I Have Dealt, Dewitt G. Prather, illus. 01 40 211 146 Did You Hear the One About the Traveling Salesman from Iowa?, Ron Horstman, illus. 01 40 211 153 Directories Controversial 01 40 211 87 Earlier Days of Collecting: Personalities and Occurrences, Neil Shafer, illus. 01 40 211 89 Happy Anniversary SPMC, David M. Sundman 1)1 40 211 136 History in Your Hand, John T. Hickman 01 40 211 152 How I Was Inspired to Seek to Put the Motto IGWT on Our Currency, Matt Rothert, Sr., illus. 01 40 211 140 How the First Five SPMC Member #s Were Assigned, George W. Wait 01 40 211 8 How the SPMC Logo Came to Be, Brent Hughes, illus. 01 40 211 18 How the SPMC Logo Came to Be, Forrest Daniel, illus. 01 40 211 18 John Hickman Knew 'Itch Would Return', Tom Snyder 01 40 211 152 Just Who was D.C. Wismer Anyway?, Ted Hammer 01 40 211 50 Let's See What Hessler Says, David Ray Arnold 01 40 211 86 Let's Take the Time to Record Some of These Happenings, Roman L. Latimer, illus. 01 40 211 135 Longs to Make It to Memphis, Ralph Osborn, illus. 01 40 211 144 Longtime SPMC Members Share Their Recollections, Joe Lasser, I loward Schein, Robert Hendershott, Milton Friedberg, & Warren Henderson. 01 40 211 147 Magazine Brings Back Memories to Former Editor, Barbara Mueller 01 40 211 158 Many Early SPMC Members Still Active in Hobby and Society. 01 40 211 11 Membership Milestones 01 40 211 15 Our Membership: Who Were We? Who Are We Now?, Fred L. Reed III, illus. 01 40 211 34 Paper Money Salutes Longtime Advertisers 01 40 211 72 President's Column: Welcome to SPMC's 40th Year 1961-2001, Frank Clark 01 40 211 3 Remembering Early Paper Money Collectors I Knew, Robert H. Lloyd, illus. 01 40 211 134 Remembering 'Mr. In God We Trust': Matt Rothert, Fred L. Reed III, illus. 01 40 211 138 Remembering the International Branch of the SPMC Tree, Peter Robin, illus. 01 40 211 136 Reminiscences Are Sweet for Many SPMC Vets, Gary Hacker, Gene Hessler, John Glynn, & Q. David Bowers. 01 40 211 151 Sends His Regards, Jeffery L. Goodall 01 40 211 92 Society Awards Have Taken a Number of Forms Over the Years, David D. Gladfelter, illus. 01 40 211 102 Society Honors Authors, Exhibitors, Recruiters and Workers, Fred L. Reed III, illus. 01 40 211 98 Society Magazine Paper Money Thrives for Four Decades, Fred L. Reed III, illus. 01 40 211 38 Society of Paper Money Collectors Celebrates 40 Years of Collecting/ Camaraderie, Bob Cochran, illus. 01 40 211 5 Some Reflections on SPMC and Paper Money Collecting, Larry Adams, illus. 01 40 211 148 Yr. Vol. No. Pg. Some Society Officers Chalked Up Lengthy Service 01 40 211 91 SPMC & TAMS Share STM & OPMC Heritage, Medal, Dr. George Fuld, illus. 01 40 211 10 SPMC Award Winners and Honorees, 1961-2001, Bob Cochran, Gene Hessler, George Tremmel & Fred Reed III. 01 40 211 94 SPMC Helped Him Start Out, and Other Remembrances, Harry Jones, Bruno Rzepka, John A. Parker & Robert C. Wagner 01 40 211 142 SPMC Memories: Reminiscences of Some Ragpickers, Wayne Homren, Frank Clark and Dennis Forgue. 01 40 211 154 SPMC Officers, Project Chairmen, Award Winners, 1961-2001 Bob Cochran, Gene Hessler & Fred L. Reed Hi. 01 40 211 103 SPMC Officers, 1961-2001, Bob Cochran 01 40 211 88 SPMC Privately Issued Souvenir Card, Mike Bean 01 40 211 130 SPMC Publishing Efforts Span 34 Years, 20 Books, Bob Cochran, Fred L. Reed III, illus. 01 40 211 50 SPMC Salutes Longtime Members. 01 40 211 82 SPMC Service Has Its Grins, C. John Ferreri 01 40 211 106 SPMC Supplied Me Info, Lloyd Deierling 01 40 211 152 SPMC Thanks Our Sponsors and Patrons 01 40 211 4 Thanks for All the Memories & the Education, Fred L. Reed III, illus. 01 40 211 156 Thanks to All the Members, Donald L. Benson 01 40 211 106 That's The Way It Was, Hank Bieciuk 01 40 211 8 The Big Spender, Peter Huntoon, illus. 01 40 211 143 The Early Days of SPMC, Forrest W Daniel. 01 40 211 150 The Olden Days of Paper Money Collecting, Steve Whitfield. 01 40 211 134 Three Year SPMC Statement of Operations, Mark Anderson, SPMC Treasurer 01 40 211 132 Top Recruiters One Key to Society Growth 01 40 211 35 Tucked Away Brown Back Is One of Life's Prizes, Robert R Andrews. 01 40 211 89 University Stint Led to Lifelong Affection for Things U.S, Harold Don Allen, illus. 01 40 211 150 Adams, Larry. Some Reflections on SPMC and Paper Money Collecting, illus. 01 40 211 148 Allen, Harold Don. Canadian Journey Notes Launch a New Century, illus. 01 40 215 338 University Stint Led to Lifelong Affection for Things U.S, illus. 01 40 211 150 Anderson, Mark., SPMC Treasurer. Three Year SPMC Statement of Operations 01 40 211 132 Andrews, Robert R. Tucked Away Brown Back Is One of Life's Prizes. 01 40 211 89 Arnold, David Ray. Let's See What Hessler Says 01 40 211 86 Aspen, Nelson Page. There Can Be Beauty, illus. 01 40 215 315 BANKS AND BANKERS. Bank Counter Robber, Bob Cochran 01 40 214 247 His Distinguishing Mark, Bob Cochran 01 40 212 186 John Ohlmsted, Bob Cochran, illus. 01 40 212 186 National Bank of Commerce in St. Louis Bob Cochran 01 40 214 247 Posted Poem Recites Seven Ages of a Banker, Frank Clark, illus. 01 40 214 250 Sign Check with Thumb, Bob Cochran 01 40 214 247 The Accommodations Bank, Bob Cochran 01 40 214 247 When Extremes Meet, Bob Cochran, illus. 01 40 214 247 Barrett. L. S. & Gene Hessler. A Gift Fit for a Czar: An ABNCo Presentation Book, illus. 01 40 215 319 Bean, Mike. SPMC Privately Issued Souvenir Card, illus. 01 40 211 130 Benson, Donald L. Thanks to All the Members 01 40 211 106 Bieciuk, Hank. That's The Way It Was 01 40 211 8 Boling, Joseph. More Thoughts on Short Snorters, illus. 01 40 216 394 Brase, David A., Ph.D. Predicting the Possible Existence of Unreported National Currency, illus. 01 40 212 180 CHECKS. A Singular Specimen: Emergency Currency of 1907, Ron Horstman, illus. 01 40 214 267 Clark, Frank. About Texas Mostly: A Low Numbered Pair, illus. 01 40 212 184 • Replacement value. We use expert/ professional help valuing collectible losses. Consumer friendly service: Our office handles your loss—you won't deal with a big insurer who doesn't know col- lectibles. • Detailed inventory and/or professional appraisal not required. Collectors list items over $5,000, dealers no listing required. Collectibles Insurance Agency P.O. Box 1200-PMC • Westminster MD 21158 E-Mail: info@insurecollectibles.com ti See our online application and rate quote forms on our website! PAPER MONEY • November/December 2001 • Whole No. 216 381 J&F Rubenstein Buying and Selling the Finest U.S Currency Uncut Sheets Nationals - Large and Small Type Notes Fancy Serial Numbers Error Notes Auction Representation Consignments Accepted Actively Buying Collections Want Lists Serviced See us at all the major shows Members PCDA, FUN, ANA, ANS P.O. Box 960386 Miami, FL 33296-0386 Telephone: (305) 388-7187 Fax: (305) 383-8422 E-mail: Miagold@aol.com Collectibles 100100S0E411; s,,I kki4011,. . INSURANCE For The Paper Money Collector -.4 Your homeowners insurance is rarely enough to cover your collectibles. We've provided economical, dependable collectibles insurance since 1966. .,,rovitts1--- rikein-4tflastv i<j ,,,„„,, A., , ri■:c Ouilyau • Sample collector rates: $3,000 for $12, $10,000 for $32, $25,000 for $82, $40,000 for $132, $60,000 for $198, $1 per $1,000 above $60,000. • Our insurance carrier is AM Best's rated A+ (Superior). • We insure Paper Money, Stock Cer- tificates and scores of other collectibles in numerous categories. "One-stop" ser- vice for practically everything you collect. VISA' It More Info? Need A Rate Quote? Visit: www.collectinsure.com Or Call Toll Free:1-888-837-9537 • Fax: (410) 876-9233 382 November/December 2001 • Whole No. 216 • PAPER MONEY Yr. Vol. No. Pg. An Interesting Dallas Deuce, illus. 01 40 216 372 Posted Poem Recites Seven Ages of a Banker, illus. 01 40 214 250 The President's Column: Welcome to SPMC's 40th Year 1961-2001 01 40 211 3 01 40 212 176 01 40 213 212 01 40 214 246 01 40 215 336 01 40 216 388 Cochran , Bob, Gene Hessler & Fred L. Reed III. SPMC Officers, Project Chairmen, Award Winners, 1961-2001 01 40 211 103 Cochran, Bob, Fred L. Reed III. SPMC Publishing Efforts Span 34 Years, 20 Books, illus. 01 40 211 50 Cochran, Bob, Gene Hessler, George Tremmel & Fred Reed III. SPMC Award Winners and Honorees, 1961-2001 01 40 211 94 Cochran, Bob. Bank Happenings: His Distinguishing Mark 01 40 212 186 John Ohlmsted, illus. 01 40 212 186 Bank Counter Robber 01 40 214 247 National Bank of Commerce in St. Louis 01 40 214 247 Sign Check with Thumb 01 40 214 247 The Accommodations Bank 01 40 214 247 When Extremes Meet, illus. 01 40 214 247 Society of Paper Money Collectors Celebrates 40 Years of Collecting/ Camaraderie, illus. 01 40 211 5 SPMC Officers,1961-2001 01 40 211 88 CONFEDERATE AND SOUTHERN STATES CURRENCY. Is Sans Upham the Originator of the Female Riding Deer Note?, George B. Tremmel, Illus. 01 40 214 235 COUNTERFEIT, ALTERED & SPURIOUS NOTES. An Early Counterfeiting Case in China, Robert McCabe, illus. 01 40 215 308 Is Sam Upham the Originator of the Female Riding Deer Note?, George B. Tremmel, Illus. 01 40 214 235 Daniel, Forrest W. How the SPMC Logo Came to Be, illus. 01 40 211 18 The Early Days of SPMC 01 40 211 150 The Green Goods Game: A Bad $5 Bank Note 01 40 212 182 A Bank Note Fan 01 40 212 182 Gun Money 01 40 213 210 Swindled 01 40 213 210 Deierling, Lloyd. SPMC Supplied Me Info 01 40 211 152 Denly, Tom. $120 to Baldy, $140 to Bushy, $120 to Baldy, illus. 01 40 211 153 Directories Controversial 01 40 211 87 ENGRAVERS & ENGRAVING AND PRINTING. Excerpts from the Diaries of James D. Smillie, Gene Hessler, illus. 01 40 214 254 Excerpts from the Diaries ofJames D. Smillie, Gene Hessler, illus. 01 40 213 199 Waterman Lilly Ormsby and the Continental Bank Note Co., Robert McCabe, illus. 01 40 212 163 Work Done for ABNCo By James D. Smillie from 1858-1879, Gene Hessler & Mark Tomasko, illus. 01 40 215 311 Work Done for ABNCo by James D. Smillie from 1858-1879, Concluded, Gene Hessler & Mark Tomasko, illus. 01 40 216 373 Ferreri, C. John. SPMC Service Has Its Grins 01 40 211 106 Forman, Harry. #13 Was Lucky for Harry, illus. 01 40 211 144 Fuld, Dr. George. SPMC & TAMS Share STM & OPMC Heritage, Medal, illus. 01 40 211 10 Giedroyc, Richard. 'Defaced' Notes Share Exciting Stories, illus. 01 40 216 390 Gil del Real, Joaquin. Exchange Bank of Colon: A Review of Panama's Second Bank, illus. 01 40 215 294 Gladfelter, David D. New Jersey's Notes: Are These the Oldest & Newest Survivors?, illus. 01 40 214 241 Society Awards Have Taken a Number of Forms Over the Years, illus. 01 40 211 102 Goldstein, Nathan, II. BEP Visit Led to Lifelong Paper Money Affair, illus. 01 40 211 155 Goodall, Jeffery L. Sends His Regards 01 40 211 92 Hacker, Gary, Gene Hessler, John Glynn, Q. David Bowers. Reminiscences Are Sweet for Many SPMC Vets 01 40 211 151 Hammer, Ted. Just Who was D.C. Wismer Anyway?, illus. 01 40 211 50 Haritonov, Michael. American Bank Note Company Issues in Russia, illus. 01 40 215 279 Hessler, Gene. A New Word For Our Fraternity. 01 40 211 86 Yr. Vol. No. Pg. Excerpts from the Diaries ofJames D. Smillie, illus. 01 40 214 254 Excerpts from the Diaries of James D. Smillie, illus. 01 40 213 199 The Buck Starts Here: Many Nations Honor Musicians on Notes, Part 1 01 40 213 230 Many Nations Honor Musicians on Notes, Part 2 01 40 215 334 Work Done for ABNCo By James D. Smillie from 1858-1879, illus. 01 40 215 311 Work Done for ABNCo by James D. Smillie from 1858-1879, Concluded, illus. 01 40 216 373 Hickman, John T. History in Your Hand 01 40 211 152 Homren, Wayne, Frank Clark and Dennis Forgue. SPMC Memories: Reminiscences of Some Ragpickers 01 40 211 154 Horstman, Ron. A Singular Specimen: Emergency Currency of 1907, illus. 01 40 214 267 Did You Hear the One About the Traveling Salesman from Iowa?, illus. 01 40 211 153 Horton, Bill. 1985: SPMC Sponsors Cherry Hill Show, illus. 01 40 211 58 Hughes, Brent. How the SPMC Logo Came to Be, illus. 01 40 211 18 Huntoon, Peter. The Big Spender, illus. 01 40 211 143 The Paper Column: New $5 Back Plate 637 FRN Discoveries, illus. 01 40 212 172 Profile of Two Rarities: $2 Legal Tender Series of 1928C Mule & Series 1928D BA Block Non-Mule, illus. 01 40 213 218 INTERNATIONAL. A Gift Fit for a Czar: An ABNCo Presentation Book, L. S. Barrett & Gene Hessler illus. 01 40 215 319 American Bank Note Company Issues in Russia, Michael Haritonov, illus. 01 40 215 279 An Early Counterfeiting Case in China, Robert McCabe, illus. 01 40 215 308 Canadian Journey Notes Launch a New Century, Harold Don Allen, illus. 01 40 215 338 Exchange Bank of Colon: A Review of Panama's Second Bank, Joaquin Gil del Real, illus. 01 40 215 294 Many Nations Honor Musicians on Notes, Part 2, Gene Hessller, illus. 01 40 215 334 Silver Certificates of Cuba Made by the U.S. BEP: 1934-1949, Neil Shafer, illus. 01 40 215 298 The Other Battleship Note, Wendell Wolka, illus. 01 40 215 344 There Can Be Beauty, Nelson Page Aspen, illus. 01 40 215 315 Welcome to A New World of Currency; Paper Money Goes International, illus. 01 40 215 280 Jones, Harry, Bruno Rzepka, John A. Parker & Robert C. Wagner. SPMC Helped Him Start Out, and Other Remembrances 01 40 211 142 Kemp, Charles. Bill Donlon Was Memorable 01 40 211 158 Lasser, Joe, Howard Schein, Robert Hendershott, Milton Friedberg, & Warren Henderson. Longtime SPMC Members Share Their Recollections 01 40 211 147 Latimer, Roman L. Let's Take the Time to Record Some of These Happenings, illus. 01 40 211 135 Lloyd, Robert H. Remembering Early Paper Money Collectors I Knew, illus. 01 40 211 134 McCabe, Robert. An Early Counterfeiting Case in China, illus. 01 40 215 308 Waterman Lilly Ormsby and the Continental Bank Note Co., illus. 01 40 212 163 MILITARY CURRENCY. 'Defaced' Notes Share Exciting Stories, Richard Giedroyc, illus. 01 40 216 390 Souvenirs, Personal Documents & Immortality, Neil Shafer, illus. 01 40 216 359 Mueller, Barbara. Magazine Brings Back Memories to Former Editor 01 40 211 158 Murray, Colonel Bill. Every Short Snorter Has Its Own Tale(s) to Tell, illus. 01 40 216 378 NEW LITERATURE. Confederate States Paper Money, 10th Edition, by Arlie Slabaugh, reviewed by Fred Reed 01 40 213 208 The Coins and Banknotes in Palestine Under the British Mandate, 1927- 1947, by Howard Berlin, reviewed by Fred Reed 01 40 213 208 OBSOLETE NOTES & SCRIP. New Jersey's Notes: Are These the Oldest & Newest Survivors?, David D Gladfelter, illus. 01 40 214 241 Osborn, Ralph. Longs to Make It to Memphis, illus. 01 40 211 144 Prather, Dewitt G. Dealers With Whom I Have Dealt, illus. 01 40 211 146 EARLY AMERICAN NUMISMATICS • 619-273-3566 We maintain the LARGEST ACTIVE INVENTORY IN THE WORLD! SEND US YOUR WANT LISTS. FREE PRICE LISTS AVAILABLE. EARLY AMERICAN NUMISMATICS c/o Dana Linett P.O. Box 2442 • LaJolla, CA 92038 619-273-3566 Members: Life ANA, CSNA, EAC, SPMC, FUN ANACS COLONIAL & CONTINENTAL CURRENCY SERVICES: Portfolio Development O Major Show Coverage • Auction Attendance SERVICES: • Portfolio Development • Major Show Coverage 0 Auction Attendance -,ialuitaut 'r W.1010.,4° TrA Your Hometown Currency Headquarters Top prices paid for National Currency Collections, Large-Size Type Notes, All Florida Currency and Scrip Largest Inventory of National Currency & Large-Size Type Notes! E-mail: wymoney@aol.com Call 1-800-327-5010 for a Free Catalog or write • See our website at williamyoungerman.com for over 1,000 Nationals in stock William Youngerman, Inc. Rare Coins & Currency "Since 1967" P.O. Box 177, Boca Raton, FL 33429-0177 Member: PNG, PCDA. ANA, SPMC and others r PAPER MONEY • November/December 2001 • Whole No. 216 383 L 384 November/December 2001 • Whole No. 216 • PAPER MONEY Yr. Vol. No. Pg. Reed, Fred L., III. A Trial Listing: Catalog of SPMC Memorabilia, illus. 01 40 211 107 ABN Co. Provides SPMC Members With Unique ID Cards, illus. 01 40 211 30 Additions to A Catalog of SPMC Memorabilia, illus. 01 40 214 249 Long 'Lost Note Brings Back Memories, illus. 01 40 216 396 New Works Cover Confederates, Palestine, illus. 01 40 213 208 Our Membership: Who Were We? Who Are We Now?, illus. 01 40 211 34 Remembering 'Mr. In God We Trust Matt Rothert, illus. 01 40 211 138 Society Honors Authors, Exhibitors, Recruiters and Workers, illus. 01 40 211 98 Society Magazine Paper Money Thrives for Four Decades, illus. 01 40 211 38 Thanks for All the Memories & the Education, illus. 01 40 211 156 Editor's Notebook 01 40 211 4 01 40 212 194 01 40 213 234 01 40 214 270 01 40 215 354 01 40 216 402 Robin, Peter. Remembering the International Branch of the SPMC Tree, illus. 01 40 211 136 Rothert, Matt, Sr. How I Was Inspired to Seek to Put the Motto 1GWT on Our Currency, illus. 01 40 211 140 Shafer, Neil. Earlier Days of Collecting: Personalities and Occurrences, illus. 01 40 211 89 Silver Certificates of Cuba Made by the U.S. BEP: 1934-1949, illus. 01 40 215 298 Souvenirs, Personal Documents & Immortality, illus. 01 40 216 359 SHORT SNORTERS. 'Defaced' Notes Share Exciting Stories, Richard Giedroyc, illus. 01 40 216 390 Every Short Snorter Has Its Own Tale(s) to Tell, Larry "Ski" Smulczenski, illus. 01 40 216 378 Every Short Snorter Has Its Own Tale(s) to Tell, Colonel Bill Murray, illus. 01 40 216 378 Long 'Lost Note Brings Back Memories, Fred Reed, illus. 01 40 216 396 More Thoughts on Short Snorters, Joseph Boiling, illus. 01 40 216 394 Short Snorter Looms As Menace, John Steinbeck. 01 40 216 364 Souvenirs, Personal Documents & Immortality, Neil Shafer, illus. 01 40 216 359 Smulczenski, Larry "Ski". Every Short Snorter Has Its Own Tale(s) to Tell, illus. 01 40 216 378 Snyder, Tom. John Hickman Knew 'Itch Would Return' 01 40 211 152 SOCIETY OF PAPER MONEY COLLECTORS. 2nd Annual George W. Wait Memorial Prize Announcement 01 40 216 386 Advertisers Index 01 40 211 159 01 40 212 195 01 40 213 235 01 40 214 271 01 40 215 355 01 40 216 403 An Index to Paper Money, Vol. XL 01 40 216 380 ANA Honors Paper Money 01 40 215 354 Buy a 40th Anniversary Commemorative Issue 01 40 212 170 Collectors Wanted 01 40 213 214 01 40 214 250 Coming to Paper Money's Nov/Dec Issue 01 40 215 336 Comprehensive Paper Money Index For Sale 01 40 212 176 01 40 213 212 01 40 214 246 ()1 40 215 336 01 40 216 388 Editor's Notebook 01 40 211 4 01 40 212 194 01 40 213 234 01 40 214 270 1)1 40 215 354 01 40 216 402 Hey Buddy, Sell Your Foreign Notes in Paper Money 01 40 213 229 01 40 214 236 In Memoriam: Stephen R. Taylor, 1926-2001 01 40 215 316 Doug Walcutt,1935-2001 01 40 211 176 Information & Officers 01 40 211 2 Yr. Vol. No. Pg. 01 40 212 162 01 40 213 198 01 40 214 234 01 40 215 281 01 40 216 358 IPMS Awards 01 40 215 348 Letter to the Editor 01 40 212 194 01 40 213 214 01 40 214 270 01 40 215 333 01 40 216 402 Meet Your Candidates 01 40 212 164 Minutes of SPMC Board Meeting, October 28, 2000 01 40 212 189 Minutes of SPMC General Meeting, October 28, 2000 01 40 212 190 Money Mart 01 40 211 109 01 40 212 187 01 40 213 212 01 40 214 246 01 40 215 347 01 40 216 379 New Members 01 40 212 192 01 40 213 234 01 40 214 268 01 40 214 270 01 40 215 352 01 40 216 400 Nominations Open for SPMC Board 01 40 216 388 Now Available: Official SPMC Membership Badges 01 40 215 318 Official Notice: George W. Wait Memorial Prize 01 40 212 174 President's Column 01 30 211 3 01 40 212 176 01 40 213 212 01 40 214 246 01 40 215 336 01 40 216 388 Research Exchange 01 40 212 94 01 40 213 232 01 40 214 266 01 40 215 342 01 40 216 402 SPMC Annual Awards 01 40 212 176 SPMC Board Meeting, June 16, 2001 01 40 215 346 SPMC Co-sponsors Numismatic Symposium 01 40 213 232 SPMC Donations Increase for Member Year 2001 01 40 215 354 SPMC Members Teach Paper Courses at ANA Summer Seminar 01 40 215 352 SPMC Policy on Membership Privacy 01 40 212 188 SPMC Wait Prize Announcement 01 40 213 232 Welcome to A New World of Currency; Paper Money Goes International, illus. 01 40 215 280 Steinbeck, John. Short Snorter Looms As Menace 01 40 216 364 Sundman, David M. Happy Anniversary SPMC 01 40 211 136 Treadaway, James N. Congratulations SPMC 01 40 211 136 Tremmel, George B. An Index to Paper Money, Vol. 40, 2001, Nos. 211-216 01 40 216 380 Is Sam Upham the Originator of the Female Riding Deer Note?, illus. 01 40 214 235 U.S. NATIONAL BANK NOTES. A Low Numbered Pair, Frank Clark, illus. 01 40 212 184 Predicting the Possible Existence of Unreported National Currency, David A. Brase, Ph.D, illus. 01 40 212 180 U.S. SMALL SIZE NOTES. FEDERAL RESERVE NOTES. New $5 Back Plate 637 FRN Discoveries, Peter Huntoon, illus. 01 40 212 172 LEGAL TENDER ISSUES. Profile of Two Rarities: $2 Legal Tender Series of 1928C Mule & Series 1928D BA Block Non-Mule, Peter Huntoon, illus. 01 40 213 218 Wait, George W. How the First Five SPMC Member #s Were Assigned 01 40 211 8 Welcome to A New World of Currency; Paper Money Goes International, illus. 01 40 215 280 Whitfield, Steve. The Olden Days of Paper Money Collecting 01 40 211 134 Williams, Noel. Statistical Report on a Hoard of $10 FRNs 01 40 213 210 Wolka, Wendell. A Society Tradition, Tons Bain Raffle Raises Funds and Fun, illus. 01 40 211 42 The Other Battleship Note, illus. 01 40 215 344 PUBLIC AUCTION SALE AMERICANA COLONIAL AND FEDERAL COINS, MEDALS AND CURRENCY Coln. from the 11.8.31-S. FEVERSIIAM and LliCIMMLW Shipwrecks Selection. front the Colleetton Munroe *in., ISS IIVRT STA MUSE% NEW TOM, N.Y. 100194,410 JANitaejNagy1441)(19 It SI 5,, rIal- T,NFW YORK, Y. inolvrxso POI SSW NUMISMRTISTs GUILD • Larry Stack Harvey StackTom Panichella PAPER MONEY • November/December 2001 • Whole No. 216 385 America's OLDEST COIN Auction House Is Also America's OLDEST CURRENCY Auction House When you think of selling, you must think of Consignments are now being accepted for our upcoming Fall and Winter Auction Schedule including Stack's Renowned Americana Sale in January 2002 Contact Harvey or Lawrence Stack for consignment information. 1999 AMERICANA SALE Numismatic Literary Guild Best Catalog Award 1999 2000 AMERICANA SALE Numismatic Literary Guild Best Catalog Award 2000 2001 AMERICANA SALE Prices Realized nearly $4.5 Million, including $850,000 in banknotes. 123 West 57th Street New York, NY 10019 ® Telephone (212) 582-2580 FAX: (212) 245-5018 e-mail: info@stacks.com Visit our Web site at www.stacks.com STACK'S NUMISMATISTS Auctions — Appraisals — Retail SINCE 1935 386 November/December 2001 • Whole No. 216 • PAPER MONEY 2nd Annual George W. Wait Memorial Prize Society of Paper Money Collectors Official Announcement Purpose: The Society of Paper Money Collectors is chartered "to promote, stimulate, and advance the study of paper money and other financial documents in all their branches, along educational, historical and scientif- ic lines." The George W. Wait Memorial Prize is available annually to assist researchers engaged in important research leading to publication in the paper money field. George W. Wait, a founder and former SPMC President, was instrumental in launching the Society's successful publishing program. The George W. Wait Memorial Prize is established to memorialize his achievements/contributions to this field in perpetuity. Award: $500 will be awarded in unrestricted research grant(s). Note: the Awards Committee may decide to award this amount to a single applicant, or lesser amounts totaling $500 to more than one applicant. If, in the opinion of the Awards Committee, no qualifying applicant is found, funds will be held over. Eligibility: Anyone engaged in important research on paper money subjects is eligible to apply for the prize. Paper Money for the purposes of this award is to be defined broadly. In this context paper money is construed to mean U.S. federal currency, bonds, checks and other obligations; National Currency and National Banks; state-chartered banks of issue, obsolete notes, bonds, checks and other scrip of such banks; or railroads, municipalities, states, or other chartered corporations; private scrip; currency substitutes; essais, proofs or spec- imens; or similar items from abroad; or the engraving, production or counterfeiting of paper money and relat- ed items; or financial history in which the study of financial obligations such as paper money is integral. Deadline for entries: March 15, 2002 A successful applicant must furnish sufficient informa- tion to demonstrate to the Society of Paper Money Collectors Awards Committee the importance of the research, the seriousness of the applicant, and the likeli- hood that such will be published for the consumption of the membership of SPMC and the public generally. The applicant's track record of research and publi- cation will be taken into account in making the award. A single applicant may submit up to two entries in a single year. Each entry must be full and complete in itself. It must be packaged separately and submitted separately. All rules must be followed with respect to each entry, or disqualification of the non-conforming entry will result. Additional rules: The Wait Memorial Prize may be awarded to a single applicant for the same project more than once; however awards for a single project will not be given to a single applicant more than once in five years, and no applicant may win the Wait Memorial Prize in consecutive years. An applicant who does not win an annual prize may submit an updated entry of the non-winning project in a subsequent year. Two or more applicants may submit a single entry for the Wait Prize. No members of the SPMC Awards Committee may apply for the Wait Memorial Prize in a year he/she is a member of the awarding committee. Winner agrees to acknowledge the assistance of the Society of Paper Money Collectors and the receipt of its George W. Wait Memorial Prize in any publication of research assisted by receipt of this award and to furnish a copy of any such publication to the SPMC library. Entries must include: • the full name of the applicant(s) • each applicant's social security number • a permanent address for each applicant • a telephone number for each applicant • the title of the research project/book • sufficient written material of the scope and progress of the project thus far, including published samples of portions of the research project, in appropriate Entries may also include: • the applicant's SPMC membership number(s) • the applicant's e-mail address (if available) • a bibliography and/or samples of the applicant's past published paper money research • a photograph of each applicant suitable for publicity • a publishable photograph(s) of paper money inte- gral to the applicant's research • a statement of publishability for the project under consideration from a recognized publisher Judging: All entries must be received by March 15, 2002. All entries must be complete when submitted, and sufficient return postage should be included if return is desired. Address entries to George W. Wait Memorial Prize, P.O. Box 793941, Dallas, TX 75379. The single, over-riding criterion for the awarding of the Wait Memorial Prize will be the importance of the publication of the applicant's research to SPMC members and the general public. All decisions of the SPMC Awards Committee will be final. First publication of the awarding of the Wait Memorial Prize will be revealed in the May/June 2002 issue of SPMC's magazine, Paper Money, with subse- quent news release to additional media. PAPER MONEY • November/December 2001 • Whole No. 216 387 CHECK THE "GREENSHEET" GET 10 OFFERS THEN CALL ME (OR WRITE) FOR MY TOP BUYING PRICES The Kagin name appears more often than any other in the pedigrees of the rarest and scarcest notes (U.S. Paper Money Records by Gengerke) BUY ALL U.S. CURRENCY Good to Gem Unc. I know rarity (have handled over 95% of U.S. in Friedberg) and condition (pay over "ask" for some) and am prepared to "reach" for it. Premium Prices Paid For Nationals (Pay 2-3 times "book" prices for some) BUY EVERYTHING: Uncut Sheets, Errors, Stars, Special Numbers, etc. I can't sell what I don't have Pay Cash (no waiting) - No Deal Too Large A.M. ("Art") KAGIN 505 Fifth Avenue, Suite 910 Des Moines, Iowa 50309-2316 (515) 243-7363 Fax: (515) 288-8681 At 81 Now is The Time - Currency & Coin Dealer Over 50 Years I attend about 25 Currency-Coin Shows per year Visit Most States (Call, Fax or Write for Appointment) Collector Since 1928 Professional Since 1933 Founding Member PNG, President 1963-64 ANA Life Member 103, Governor 1983-87 ANA 50-Year Gold Medal Recipient 1988 By FRANK CLARK November/December 2001 • Whole No. 216 • PAPER MONEY388 IHOPE EVERYONE ENJOYED OUR SPECIAL interna- tional issue. I know I did. I enjoy reading about currency whether or not it is in my field of expertise. This issue is our special issue on World War II syngraphics. It is especially poignant with the comparisons of Pearl Harbor in 1941 and the recent horrific attacks on the World Trade Center and the Pentagon. If you have already paid your dues for 2002, I want to thank you. If you have not, please take a minute and do so now so that you can keep receiving our award winning publi- cation. If you are a life member, you will have also received a dues notice. Please disregard it. We know that you are a life member, however it would be very difficult for the publisher to pull those notices out individually for each life member. That is why you have received a dues notice. You will also note that you can make a fully tax deductible donation to enlarge our publication program. These gifts may be designated to the Wismer Fund (which subsidizes publica- tion of our U.S. obsolete currency books), or the George Wait Fund (which annually awards research grants to authors of books in the fields of paper money, banking, engraving). I hope to see you at the 16th National and World Paper Money Convention in St. Louis at the Airport Hilton Hotel, November 15th-18th. Besides the great bourse in this historic city, there will also be a SPMC general meeting. -- Frank SPMC Vice President Wendell Wolka (left) and new ANA President John Wilson display the engraved SPMC souvenir card which was distributed to those attending the Society's 40th Anniversary Party at this summer's ANA Convention in Atlanta, Ga. The card was engraved and printed by plate printer Michael Bean and donated to the Society by members Lee Quast and John Parker. Nominations Open for SPMC Board The following SPMC Governors' terms expire in 2002: Frank Clark, Gene Hessler, C. John Ferreri, and Arri Jacob. If you have suggestions for candidates, or if the governors named above wish to run for another term, please notify Nominations Chairman Jimmie Ranes, P.O. Box 118333, Carrollton, TX 75011-8333. In addition, candidates may be placed on the bal- lot in the following manner: (1) A written nominating petition, signed by 10 current members, is submitted; and (2) An acceptance letter from the person being nominated is submitted with the petition. Nominating petitions (and accompanying letters) must be received by the Nominations Chairman by January 15, 2002. Biographies of the nominees and ballots (if neces- sary) for the election will be included in the March/April 2001 issue of Paper Money. The ballots will be counted at Memphis and announced at the SPMC general meeting held during the International Paper Money Show. Any nominee, but especially first-time nominees, should send a portrait and a brief biography to the Editor for publication in Paper Money. r Comprehensive Paper Money Index By George Tremmel Now For Sale Includes complete listing to all issues of the SPMC journal Paper Money 1962-1999 • 130-page Hard Copy only $12 • • Hard Copy & Floppy Disk only $13 • (searchable) Make checks payable to SPMC Mail to: Robert Schreiner POB 2331 Chapel Hill, NC 27515-2331 • 1 L U.S. Paper Money Errors Actively purchasing ALL paper money mistakes . .. from inverted overprints and missing printings to offsets and double denominations. Please per- mit us to make an offer on one note, duplicates, or entire collections. Deal with THE specialist FREDERICK J. BART (810) 979-3400 P.O. Box 2, Roseville, MI 48066 e-mail: BartIncCor@aol.com PAPER MONEY • November/December 2001 • Whole No. 216 389 PROTECT YOUR INVESTMENT: STORE IT IN MYLARTM' Oregon Pioneer Albums & Sleeves SafeKeeper Albums Flexible Albums Fit in a Safe Deposit Box Least Expensive Format Multi-Ring Binders Look best on a bookshelf Many Sizes of MYLARni Sleeves in Stock Custom Albums Also Available Complete Satisfaction Guaranteed Call, Fax, or Write Now OREGON PAPER MONEY EXCHANGE 6802 SW 33RD Pl. Portland, OR 97219 503-245-3659 Fax 503-244-2977 BUYING AND SELLING PAPER MONEY U.S., All types Thousands of Nationals, Large and Small, Silver Certificates, U.S. Notes, Gold Certificates, Treasury Notes, Federal Reserve Notes, Fractional, Continental, Colonial, Obsoletes, Depression Scrip, Checks, Stocks, etc. Foreign Notes from over 250 Countries Paper Money Books and Supplies Send us your Want List ... or ... Ship your material for a fair offer LOWELL C. HORWEDEL P.O. BOX 2395 WEST LAFAYETTE, IN 47996 SPMC #2907 (765) 583-2748 ANA LM #1503 STOCKS & BONDS MONTHLY MAIL BID SALES RR's, Mining, Banking, etc. etc. Something For Everyone FREE LISTING RICHARD T. HOOBER, JR. P.O. Box 3116, Key Largo, FL 33037 Phone or Fax (305) 853-0105 WANTED COLONIAL/CONTINENTAL BANKNOTES Any Quantity, Any Condition. Ship in confidence to: Steve Pomex (Member ANA, SPMC, IBNS) PO Box 2, Ridgefield Park, NJ - 07660 Tel: 201-641-6641 / Fax: 201-641-1700 Email: Steve@Pomexport.com I I I I I / ,e • ros E.:Tr:TER'I'1,011 11E,, 1,1,11 7.01Wietti=agir=!:`MViettaa10-40:014164T5.0 20,'VXMitalaltWeKMMM7'..j; 390 November/December 2001 • Whole No. 216 • PAPER MONEY Confederate notes are among the earli- est type of which written messages of the Short Snorter type are known. The 1861 Confed- erate $50 note above, is still being researched to iden- tify the parties who autographed it. `Defaced' Notes Share Exciting Stories By Richard Giedroyc Atomic Short Snorter autographed by Wayne W. Seeley (below), who was assigned to the AKA47 U.S.S. Chara where he served as coxswain on an amphibious landing craft for the task force. The U.S.S. Cumberland was the flag and communications ship. According to Seeley, he was a "plank" or charter member of the Chara crew and spent his entire Navy career in the Pacific Theater during World War II. He was involved in five amphibious invasions, was stationed on three other ships and was discharged from the Navy in 1947. He was not directly involved in any of the atomic bomb tests. T O SOME PEOPLE THEY ARE A BLIGHT ON THE HOBBY; to others they are an exciting area of paper money begging to be researched: These are the autographed notes commonly known as Short Snorters. I have heard collectors and dealers suggest such notes are simply defaced, yet I have also heard enthusiasts say they find the notes to be trea- sured artifacts of a bygone era. Paper bank notes have likely been autographed as souvenirs almost since the time the first printed notes were issued, however the earliest known such notes date from the American Civil War. The currently accepted name "short snorter" is sometimes broadly used as a blanket umbrella term to describe any note on which someone has signed a name or scribbled a message. In the stricter sense, the term is reserved for a note on which the autographs were added while the parties were active in the military. D-Day is memorialized on this Allied Military Currency 5-franc note (above) signed by Will McAulling of First Army Group and presented to his friend Francis J. Giedroyce, father of the cur- rent owner and author of this article. Giedroyce was in the second wave of U.S. Army soldiers to hit the beaches on that historic date. French Allied Military Currency 50- franc note signed by five New Jersey soldiers. Signer John W. Clayton served in France, England and the Netherlands between 1943 and 1945, including assignments with the 8th Air Force, 877th and 834th Engineers, where among other things he helped build emergency landing strips. PAPER MONEY • November/December 2001 • Whole No. 216 391 HAWAII overprint $1 Silver Certificate of Series 1935A is signed by 10 individ- uals, two of which identify themselves as officers. The note also indicates these people had been in Canton (Ohio?), Palmyra and Pearl Harbor. The PBM-3- 6466 at the bottom of the back may be a unit designation. This note is still being researched further. Although such notes can be found dating from the time of the Civil War, the term short snorter originated in the 20th century in the United States. According to some sources, in August 1925 barnstormer Jack Ashcroft was a pilot with Gates Flying Circus in Syracuse, N.Y. Ashcroft liked his women and liquor, calling his "occasional" drink a short snort. The circus owners sent Ashcroft and a second pilot to a Hammondsport winery for two planeloads of wine for a party (This was during Prohibition.). Ashcroft fell in love in Hammondsport and failed to return until a day later, at which time he was in trouble with circus owner Clyde Pangborn for his prolonged absense. Ashcroft suckered Panghorn into giving him two dollars, a real bill and a stage dollar. Ashcroft signed the stage note "Short Snorter No. 1, Panghorn, Aug. 1925" and gave it to Panghorn, then signed and kept the real note. More people signed notes during the champagne party following. The popularity of the idea spread and evolved into the tradition of American World War II aviators carrying such a note and showing it at a GI bar, otherwise being obligated to buy a round of drinks for the bar if a bell was sounded. The idea quickly spread throughout the Allies, in the Army and Navy as well. Notes are known signed by Australian, British, Canadian, Republic of China, French and Portuguese soldiers, as well as by girlfriends, USO performers and by politicians. Two of the most famous World War II short snorters are a note signed by avia- tor Joseph Kennedy Jr., older brother of President John F. Kennedy, and a Soviet note signed by several high level partici- pants at the Yalta Conference in 1945. Since that time notes have been signed during the Korean conflict, Vietnam War and virtually every other modern conflict. Collectors generally prize notes the most on which the persons who signed the note can be identified or by signing November/December 2001 • Whole No. 216 • PAPER MONEY392 Acrobat and dancer Betty Yeaton, who signed the JIM 10-rupees note (right & below) while traveling with the a USO Show in Nationalist China, is shown here having lunch with W. Ashley Fry directly at her right (the author's father-in-law) following having signed the note. The photograph is dated Oct. 22, 1944 on the back. Also signing the note were Paulette Goddard, Keenan Wynn, Kurt Balentine, Jimmie Dodd, Harry Brian, Ruth Carrell, Andy Arcari, William Sargon, and Pat O'Brien (see this issue's cover). the note helped to tell a story. As an example, a signed note may help identify the unit a person was in and, if also dated when signed, the note may help identify when and even where a specific unit was deployed. My collection includes several notes with later additional documentation obtained from those who signed them, having tracked the signer down these many years after the note was signed. One such note is an Allied occupation 50-francs issued for France that was signed by five individuals who also provided their home addresses. In 1995 the author located John W. Clayton, receiving a detailed letter telling how he arrived in England in October 1943, then was assigned to the 8th and later to the 9th Air Force Group. He served in France with the 877th and 834th Engineers building emergency landing strips, then went back to England where he helped assemble gliders. He was later wounded while in the Netherlands in 1944. Clayton was sched- uled for deployment to the Pacific Theatre when the war ended. Another example, a Netherlands Indies 50-cent note has the names and addresses of four men, one of whom was contacted about 40 years later and was good enough to write to me with further details of his World War II experi- ences. The author attempted unsuccessfully to contact the others who signed the note. A note autographed by several USO performers and given to my father- in-law while with the Signal Corps in China is accompanied by a recently dis- covered official army photograph of him having dinner with one of the female performers from the group! Yet another good example is a Japanese Invasion Money half shilling note signed in Chinese characters in red ink which translates to the names of two National Chinese soldiers from Hong Kong. Korean conflict and Vietnam War notes appear to be even more elusive. This Canada 1937 $1 note (right) was signed by five persons, one of whom added the date June 12, 1943 at the top on the back. The LDW initials also on the back may be the name of another individual. 11,6„,ti 4144 .10 .10,,v41,Ctotpoti, (0,6, 1-'`'‘iy , -VV'4474,94:, ;074 THE JAPANESE GOVERNMENT PAPER MONEY • November/December 2001 • Whole No. 216 393 An interesting Vietnam War era note I have has a message in Vietnamese and is signed. The transla- tion indicates the note was given to a young per- son as part of the custom of giving money on the Chinese lunar new year. Although the year the note was signed is unknown, the note was issued during the war. One of my personal favorites is a 1953 Japanese 100-yen note signed by the Ink Spots, a well known quartet from the post-World War II era. Futher research is needed to find if and when the group traveled to Japan, possibly to entertain our troops in the occupied territory. Yes, short snorters are technically defaced cur- rency, but these defacements can make the difference between just being another nice note and one on which history has literally been written. 'MILITARY PAYMENT CERTIFICATE FOR USE •NLT AN UNITED STATES MILITARI ESTABLISNMNTS - UNITED AUTHORICED E PERSONNEL BY IN ACCOROANCE STATES WITH APPLICABLE RULES AND REGU TIONS Left: Chinese Lunar New Year celebrations often include the custom of adults giving money to chil- dren. This South Vietnam 50-dong note of 1969 to 1975 carries the message translating to "Jacqueline is wished a happy new year by Ng Uyen Mai." It is likely a Tet Offensive period issue during the Vietnam War. Below: Japanese Invasion Money half shilling note of 1943 designated for use in Oceania was signed in red ink by Republic of China soldiers Laio Ing Ging and Yo Tung Ho, who identify themselves on this note as having come from Kwang 'tung. This note was trans- lated by workers in a local Chinese restaurant. Far left: This Series 521 (1958) Military Payment Certificate $1 was signed April 22, 1958 by Keith Spaulding and Bailey Stewart, however nei- ther hints at their unit nor rank. Below left: This Series 1928D U.S. Note $2 was signed by nine individu- als, however it is specifically marked as "Short snorter of William R. Lane, Marion, S.C." Left: Spectacular Barbados $5 note of 1939 is signed by 29 people on both sides. Barbados $1 short snorter notes are known, but higher denomination notes had significant purchasing power at the time and are seldom encountered signed. 394 November/December 2001 • Whole No. 216 • PAPER MONEY More Thoughts on Short Snorters By Joseph Boling T HAVE LONG SEARCHED FOR NOTES THAT add to our knowledge of a series by virtue of their presence in short snorters. Examples of these are the Philippine "Co-Prosperity Sphere" notes. While repli- cas for collectors were reported long ago, I am not con- vinced that any (or at least any substantial quantities) were made, because over the years I have found just about every kind of CPS overprint in some sort of con- text that lends credence to its status as a vintage produc- tion. Remember that GIs who saw a CPS note in some- one else's short snorter would be inspired to create more, but would naturally create ones that were differ- ent from the ones that appeared first. Different fonts and production processes would be available to the later creators, so many varieties could be expected to exist. Another class of notes that I love to find in short snorters are the Oceania replicas, thus showing that they actually were created for (or at least available to) con- temporary GIs. A Philippine piece, which falls into the commemo- rative short snorter class, is the 10 peso note overprinted to commemorate MacArthur's landing on Leyte (SB2235). Since publishing SB, we have realized that the date in the overprint is wrong; it says Oct. 19, 1944, but the landing did not take place until 20 October. Perhaps that is why so few survive; they were discarded when they became obsolete before being issued. Yet another piece that I look for in short snorters is the Malaya $5 with the "Grim Memories-- "overprint (SB2183). I have yet to find one. In the other direction, we have notes with inscrip- tions that are known to be wrong, and that reflect inac- curate knowledge on the part of the original inscriber. An example of this is shown on SB page 314, where a Bank of Japan one yen note bears graffiti saying that the AMC yen were not valid in homeland Japan, which is incorrect. Another aspect of short snorters is the potential for dating them based on non-date information written on them--such as the note's value in dollars. Many exam- ples exist of AMC yen inscribed "worth xx cents." Because we know what the exchange rates were at vari- ous times during the occupation, we can normally date these inscriptions to within a few months (or even weeks). How often can you link a short snorter back to a signer who did not keep it? One such fortunate find is a U.S. $2 series 1928F note that I obtained from a bank in Australia while I was on R&R there in 1968. The inscription is "Dr. Fred Loukes, Cincinnati Ohio USA." When the ANA was having its convention in Gary Cooper (fourth from top) is among the signers of this Oceania one pound olive green unmarked replica note. Cincinnati in 1980, I wanted to arrange a presentation of the note back to Dr. Loukes as publicity for the show. It turns out that he was a dentist, but was dead by 1980. His son did not want to arrange a ceremony to present the note to the widow, so my idea died. Too bad. And just to show off, I have one short snorter with some VIP signatures on it--an Oceania one pound note (one of the olive green unmarked replicas!) with signa- tures of Phyllis Brooks, Gary Cooper, Una Merkel (all actors) and Nathan Bronstein (presumably a producer or USO escort), along with a few GIs. Unfortunately, not a junk box find--$25 from Ted Uhl. PAPER MONEY • November/December 2 001 • Whole No. 216 395 Is proud to continue the legacy begun in 1933 Specializing in Quality and Rare U.S. Currency U.S. Large Size Fractionals U.S. Small Size Nationals National Gold Bank Notes Kagin's -- an established name for conservative grading of quality notes. We specialize in building U.S. currency collections of premium quality and rare notes. Favorable terms to suit your individual needs. We are currently stocking an extensive inventory of quality Large Size Type, Fractionals, and Colonial Notes. All of our highlighted items are available for sale. Please call Judy for items to suit your specific needs. $70 Feb. 8, 1779 South Carolina Colonial Note The Founding Fathers of our nation were fascinated with all things Greek--their democratic government, architec- ture and even their mythology. As a young country there were no guidelines prescribing the looks or denominations of our paper money. So when South Carolina bills of credit were authorized on Feb. 8, 1779, engraver Thomas Coram created a set of visually stimulating notes using mythology as his theme. The $70 note, which also states its denomi- nation twice as 113 pounds 15 shillings, shows the Greek mythological figure, Prometheus, who stole fire from the gods and gave it to mankind, on its back. As his punishment he was chained to a mountain where daily an eagle would swoop down and gnaw at his liver. Each night the eagle would leave, and his liver would grow back. Each day the process began anew. Zeus eventually freed Prometheus, but throughout history, Prometheus has symbolized unyielding strength that resists oppression. Kagin's 98 Main Street #201 Tiburon, CA 94920 Judith Kagin 1-888-8KAG INS www.kagins.com Kagins@earthlink.net Don Kagin 396 November/December 2001 • Whole No. 216 • PAPER MONEY One note's store: Long 'lost' note brings back memories By Fred Reed B EGINNING IN THE MID-1970s I WORKED in Sidney, Ohio, at a publication you may have heard of, Coin World: "The Weekly Newspaper of the Entire Numismatic Field." That publication had begun in April 1960, the brain child of local publisher J. Oliver Amos, who had inherited a family publishing business, the Sidney daily newspaper, and a large press with lots of down time. Seeking additional work for his pressmen and machin- ery, he proposed publishing a weekly hobby newspaper. At that time, numismatic month- lies had been attempted by Chet Krause, Lee Hewitt, the Lawrence Brothers and of course the American Numismatic Association. Few in the coin trade believed a weekly publication would be viable. Amos proved the gainsay- ers resoundingly wrong when his publication quickly climbed to paid weekly circulations of 175,000 copies. With that large reader- ship, millions of dollars in advertising revenue rolled in making his publication and wal- let fat. Mail overwhelmed the local Post Office officials. The government established a sepa- rate postal zone on the Amos Press loading dock. Just short of two decades after the founding of the publication, we did our 1,000th issue. The following spring as the 20th anniversary neared, Margo Russell who had succeeded Dick Johnson years before as CW's Editor, decided we needed to commemorate the auspi- cious 1980 event, and somebody (I think it was probably Jay Guren or Courtney Coffing) suggested a short snorter: a signed note that linked all the signatories to a common event, time and place. Appropriately the note selected was a Twenty. The double sawbuck was a then current Series 1977 on Philadelphia, serial number C 19204963 A. Lightly cir- culated, the $20 was donated by Coin World Editor Margo Russell, who pulled it right out of her pocket- book, and years later confided to me that she didn't think she ever got reimbursed out of petty cash. It was passed around the office and signed on its face by Amos Press management and Coin World editor- ial staffers, including President J. Daniel Francis, Publisher John Amos, Clearinghouse Editor Marilyn Tiernan, Jane Hutchins, co-International Editors David T. Alexander and Courtney L. Coffing, Pat Boerger, Sharon Maurer, Dorothy Cernyar, Bill Gibbs, Cindy Wilt, Jay Guren, Editor Margo Russell, and yours truly, then the publication's News Editor. Signing the back of the note were Coin World founder J. Oliver Amos, and ad staffers Irma Francis, Brenda Wyen, Kay Block, Candie Schaffer, Rita Gerkey, Evelyn Fair, Bill Hampton, Carolyn Watkins, Connie Iler, Katie Eshback, Ad Manager Torn Ehler, and Assistant Ad Manager Charles Wilson. Marilyn photographed the note and ran it in her "Collectors Clearinghouse" column in the June 11, 1980 issue. Shortly thereafter I ran off a commemora- tive label on our Compugraphic headline setting machine, glued it to an acrylic case, and carted the note to Memphis as a donation to SPMC's annual Tom Bain breakfast raffle. The short snorter was won in the raffle WANTED Alir 'Fractional Note, The Fractional Store at will buy, trade, consign or upgrade any United States Fractional Currency Note in your collection. Silver Penny Currency and Coins, Ltd. Post Office Box 339, Red Feather Lakes, CO 80545 Toll Free: 1-877-204-5220 email: silverpennycoins@yahoo.com URL: www.fractionalnotes.com PAPER MONEY • November/December 2001 • Whole No. 216 397 '1028 *61i vT EAMiEON E0 . The One Million Euro notes are consecutively numbered and employ overt and covert security features. They are printed by the intaglio process on micro-threaded banknote paper. These notes are available in individual or bulk quantities with a certificate of authenticity. Some half and full size banknote sheets are available including banknote paper specifications. This first Euro Banknote Collectible may well revolutionize the Banknote Collectible Industry In January 2002 the Euro will become the official currency of the 15 member European union. The Naples Bank Note Company has commissioned artist Chris McCauley to create a non- negotiable collectible, the One Million Euro, commemorating this event. These notes will be issued in a limited edition of only 150,000. Wholesale & Retail Inquiries Invited 0*A/ Pw & Wo 99 Or visit our Website: www.banknotables.com 800-628-6298 Lynese Octobre, Inc. P.O. Box 5002, Dept. 33 Clearwater, FL 33758-5002 398 November/December 2001 • Whole No. 216 • PAPER MONEY by Michigan collector Mart Delger, who annually head- ed up the exhibits at the show. After the breakfast I photographed Mart and emcee Wendell Wolka, spent a few bucks in the bourse, attended several club meetings, the auction, interviewed a slew of collectors and dealers, and headed back to Sidney to file my stories. I also promptly forgot about the Coin World 20th Anniversary short snorter. Flash forward another 20 years. It's 2000, a new century, and I'm at Memphis setting up an exhibit detailing "Abraham Lincoln on Non-Federal Currency" when who comes up for a chat but Mart Delger. Both of us are decades older and wiser, but he is still exhibits honcho at Memphis. Mart said he had something to show me. He pulled out the plastic case labeled "Coin World 20th Anniversary." Still inside was the autographed note with the signatures of all my former colleagues. He pointed to my bold strokes near the Federal Reserve Seal and we reminisced. Mart asked me about the whereabouts of some of the other signers and I filled him in the best I could. Most of the 27 signatures on both sides of the note were penned boldly with a black sharpie. Although sev- eral of the signers have since passed on (notably J. Oliver Amos and Charlie Wilson) many of those indi- viduals are still actively involved in the hobby. Bill Gibbs has my old job as News Editor of Coin World and recalled recently that somebody filled in his name because he was absent, covering a coin show. Dave Alexander is a cataloger at Stack's in New York and pens a monthly column on medals for his old employer. Courtney Coffing is retired from Krause Publications and recently came out with a revised edition of his cata- log of notgeld. Of course, yours truly is now Editor of this publication. Nineteen-eighty, the year we signed that note, was a great one for this hobby. Gold and silver were boom- ing to unprecedented heights carrying collectable coins and paper money to then dizzying extremes. C011/2 World was a vigorous 20. The publication was booming. Subscriptions were rising. Page counts were enormous. Two section 160-180 page issues were the rule. That year, according to an industry survey, Coin World pub- lished more pages (editorial and advertising) than any other periodical but Time magazine -- and our pages were three times the size of theirs! The news rooms, ad shop and production bay bristled. The signers of that note were busy people, linked by common goals, stressed by common burdens, and enjoying uncommon successes. That summer at the nearby Cincinnati American Numismatic Association Convention, we published daily issues of Coin World and gave away another Coin World 20th Anniversary short snorter as a door prize at our convention booth. We also issued a Coin World 20th anniversary medal which featured the famous Cincinnati Davidson-Probasco fountain. I still have the lead die trial. CIF. and all of us were very successful that year. J. Oliver Amos, the owner was pleased; at Christmastime he distributed the largest employee bonus in the firm's century long existence! It was one heck of a year. Personally, it was a great year for me too. My wife Patricia and I celebrated our 10th anniversary. We had been blessed with both a fine daughter, Becky, and a fine son, Fred IV. We took a two week long vacation to Canada that is still a source of family pride. I reflected over the note in Mart's hand. Dave Alexander and Bill Gibbs have remained friends for years and years. The forgotten faces of some of the oth- ers flashed briefly before my eyes. I remembered silly anecdotes about some of them and more serious times about others. I remembered attending Charlie Wilson's funeral the summer after the note was signed. I remembered engaging Tom Ehler to become my advertising consultant at Beckett Publications years later. I remembered flying Bill Hampton and his wife to Dallas and trying to pursuade him into accepting a job there as my Ad Manager. There were others. Mart and I reminisced about "old times" and "by gones." That bill was rich in memories for me, and Mart knew it. After two decades as its custodian, he decided to part with it. "Would I be interested?" Sure I would... but before we could strike a deal something else came up. I don't remember if he was distracted or if I was. I came home from Memphis without that note, but surely not forgetting it again. I wrote Mart and made an offer. He accepted and said he'd bring it back to Memphis for me again this year. Well he did, and the Coin World 20th Anniversary short snorter is "home." It probably wouldn't be worth more than twenty bucks to most people. Outside of its holder, who could piece together the story it was meant to tell? Just 27 signatures on a double sawbuck to some, but it's both precious and priceless to this writer. That's the essence of short snorters. We too were in the trenches waging a battle against unremitting deadlines under the watchful eye of a stern chain of command. That bill records the hands and the humani- ty that brought that publication to its thousands and thousands of readers at a given point in time. We shared good times and bad, and thought it worth pen- ning our names to a piece of paper money to mark our publication's anniversary. They don't make 'em like that anymore -- either the old style FRN or that capable and hard working group that fed Oliver Amos's presses week-in and week- out preparing all the hobby news that fit around a hun- dred-plus pages of ads attesting that numismatics was alive and thriving. At 20, we also signed a note testifying Amos' Folly was doing just fine too, thank you! It still is. 111 orth Iittprr Cr,ttrit,9 BEP Money Prints: Great, affordable, genuine prints of our classic and historic money. Lee Quast P.O. Box 1301, High Ridge, MO 63049 (314) 276-1162 or amerisc@tknetonline.com Buying Carl Bombara Selling United States Currency %. ,11 P.O. Box 524 New York, N.Y. 10116-0524ad•;\ Phone 212 989-9108 PAPER MONEY • November/December 2001 • Whole No. 216 399 Always Wanted Monmouth County, New Jersey Obsoletes — Nationals — Scrip Histories and Memorabilia Ailenhrmst — Allentown —Asbury Park — Atlantic Highlands — Belmar Bradley Beach — Eatontown — Englishtown — Freehold — Howell Keansburg — Keyport — Long Branch — Manasquan — Matawan Middletown — Ocean Grove — Red Bank — Sea Bright — Spring Lake N.B. Buckman P.O. Box 608, Ocean Grove, NJ 07756 800-533-6163 Fax: 732-282-2525 DO YOU COLLECT FISCAL PAPER? The American Society of Check Collectors publishes a quarterly journal for members. Visit our website at http://members.aol.com/asccinfo or write to Coleman Leifer, POB 577, Garrett Park, MD 20896. Dues are $10 per year for US residents, $12 for Canadian and Mexican residents, and $18 for those in foreign locations. xoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxoxo) )9c WE PROVIDE THE FOLLOWING TO THE TRADE, AUCTION E HOUSES, MUSEUMS AND PRIVATE COLLECTORS: 5 *Professional Consulting Services* cm) *Auction Cataloging & Research* BRUCE R. HAGEN Buying & Selling U.S. Obsolete Currency Stock & Bond Certificates • Historical Financial Documents P.O. Box 836 Bowling Green Station, New York, New York 10274-0836 1-212-721-2028 cm) By Appointment In New York City gX0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0X0Q *Auction Representation* *Consignment Brokering* cda November/December 2001 • Whole No. 216 • PAPER MONEY400 NEW MEMBERS MEMBERSHIP DIRECTOR Frank Clark P.O. Box 117060 Carrollton, TX 75011 SPMC New Members -- 8/10/01 10311 Matt Hansen, 2221 Sheridan Blvd, Lincoln, NE 68502-4039 (C, Nebraska Nationals & Obsoletes), Website 10312 John F. Litchfield, 267 River Road, Agawam, MA 01001-2815 (C, US, Canadian & British Colonial) Tom Denly 10313 Colin Sumner (C), Website 10314 Michael Blitzer, c/o Espresso Uno Co.,1975 Stirling Rd, Dania Beach, FL 33004 (C, Fractional, Small, Large, Errors, Fancy Numbers), Frank Clark 10315 Kelley M. Johnson, Jr., 4366 Birchwood Drive West, Mobile, AL 36693-4923 (C, Nationals, FRN's, CSA), Website 10316 Dennis Bernstein, PO Box 4, Lynbrook, NY 11563 (C, US Large), Frank Viskup 10317 Sidney N. Sonsky, 268 East Broadway, NY, NY 10002-5672 (C), Tom Minerley 10318 Chris Spence, 316 S. 3rd Avenue, Lanett, AL 36863-2440 (C, US & Foreign), Bob Cochran 10319 Donald J. Carbonetti, 11064 E. Catalina Ave, Mesa, AZ 85208 (C), Fred Reed 10320 William C. Slater (C), Website SPMC New Members - 09/21/2001 10321 Robert W. Saunders, 7096 Beargrass Rd, Sherrills Ford, NC 28673 (C, MPC, JIM, AMC, Confederate & Obsoletes), Tom Denly 10322 Dr. James Gamble, 933 Cottrell Way, Stanford, CA 94305 (C), Fred Reed 10323 Leonard Storchevoy, 9273 Collins Ave Apt 1109, Surfside, FL 33154 (C), Website r 10324 David R. Simpson, PO Box 1224, Rockwall, TX 75087 (C, Confederate), Lyn Knight 10325 Robert H. Hartlieb, 151 S. Oak St, Millsboro, DE 19966 (C), Frank Clark 10326 Robert G. Dryden Jr, 3514 Willowood Dr, Garland, TX 75040 (C, US Type, Dutch & German), Lyn Knight 10327 Kyle Chambers, 3 Cliffe Hill Ct, Potomac, MD 20854 (C, Nationals, Large), J. Phillip Elam 10328 Richard C. Osterhout, 309 Hemlock Ave, Bensalem, PA 19020-7331 (C, Eastern Shore Virginia & Maryland Obsoletes & Civil War Virginia Notes), Frank Clark 10329 Michael T. Hauch, 2827 Heritage NW, Canton, OH 44718 (C, Nationals, Canton, OH Nationals), Frank Viskup 10330 Bob Klein, 169 Old Forge Crossing, Devon, PA 19333 (C), Frank Clark 10331 LTC George R. Urciuoli, Ret, 1104 Aspen PI, Salinas, CA 93901-1805 (C, US, Italy, Canada, Mexico, England), Frank Viskup 10332 Charles Prchal, 160C Donahue ST #195, Sausalito, CA 94965 (C), J. Phillip Elam 10333 Lee Gordon, PO Box 5665, Buffalo Grove, IL 60089 (D, World Wide Rarities), Fred Reed 10334 Brian Fanton (C & D), Wendell Wolka 10335 Mike Metras (C & D), Wendell Wolka 10336 George A. Miracle (C & D), Wendell Wolka 10337 George Edelstein (C), Wendell Wolka 10338 Michael Teague (C), Wendell Wolka 10339 Les Dlabay, 17678 Meadowbrook, Wildwood, IL 60030, (C, Historic, Cultural Images on Paper Money), Website 10340 James Bouie, 135 S. Thomas Ave, Prichard, AL 36610-2623 (C), Nolan Mims 10341 Edward Farnham, 341 Proctor Ave, Revere, MA 02151, (C, Recent US Mint/BEP Products, Small & Large), Frank Clark Reinstatement 3262 William Barrett 10022 Adrian Crane Deceased 9147 Casper W. Migas 10248 Gary L. Wolfe Buying & Selling All Choice to Gem CU Fractional Currency Paying Over Bid Please Call: 916-687-7219 ROB'S COINS & CURRENCY P.O. Box 303 Wilton, CA 95693 L MYLAR D CURRENCY HOLDERS PRICED AS FOLLOWS BANK NOTE AND CHECK HOLDERS SIZE INCHES 50 100 500 1000 Fractional 4 3/4 x 3 3/4 $17.75 $32.50 $147.00 $255.00 Colonial 5 1/2 x 3 1/16 18.75 35.00 159.00 295.00 Small Currency 6 5/8 x 2 7/8 19.00 36.50 163.00 305.00 Large Currency 7 1 /8 x 3 1/2 23.00 42.50 195.00 365.00 Auction 9 x 3 3/4 26.75 50.00 243.00 439.00 Foreign Currency 8 x 5 30.00 56.00 256.00 460.00 Checks 9 5/8 x 4 1 /4 28.25 52.50 240.00 444.00 SHEET HOLDERS SIZE INCHES 10 50 100 250 Obsolete Sheet End Open 8 3/4 x 14 1/2 $13.00 $60.00 $100.00 $230.00 National Sheet Side Open 8 1/z x 17 1/2 25.00 100.00 180.00 425.00 Stock Certificate End Open 91/2 x 12 1/2 12.50 57.50 95.00 212.50 Map & Bond Size End Open 18 x 24 48.00 225.00 370.00 850.00 You may assort note holders for best price (min. 50 pcs. one size). You may assort sheet holders for best price (min. 5 pcs. one size) (min. 10 pcs. total). SHIPPING IN THE U.S. (PARCEL POST) FREE OF CHARGE Mylar D® is a Registered Trademark of the Dupont Corporation. This also applies to uncoated archival quality Mylar® Type D by the Dupont Corp. or the equivalent material by ICI Industries Corp. Melinex Type 516. DENLY'S OF BOSTON P.O. Box 1010, Boston, MA 02205 • 617-482-8477 ORDERS ONLY: 800-HI-DENLY • FAX 617-357-8163 VISIT MY WEB PAGE AT WWW.KYZIVATCURRENCY.COM FOR A GOOD SELECTION OF NOTES CONSERVATIVELY GRADED AND REASONABLY PRICED FOR THE COLLECTOR NATIONAL BANK NOTES LARGE SIZE TYPE SMALL SIZE TYPE STAR NOTES WEBS MISCELLANEOUS?? TIM KYZIVAT (708) 784-0974 PCDA, SPMC 11,11 MON,' 1■1.1.r.:p-OrtS 7,1 WANTED: NATIONAL BANK NOTES Buying and Selling Nationals from all states. Price lists are not available. Please send your want list. Paying collector prices for better California notes! WILLIAM LITT P.O. BOX 1161 Fremont, California 94538 (510) 490-1751 Fax: 9510) 490-1753 E-mail: BillLitteaol.com Member SPMC, PCDA, ANA PAPER MONEY • November/December 2001 • Whole No. 216 401 Judith & Claud Murphy We Buy & Sell Paper Money, checks, bonds, stocks, letters, old postcards, stereoviews, cdv's If it's old and it's paper, we have it! Box 24056 Winston-Salem, NC 27114 336-699-3551 fax: 336-699-2359 e-mail: MurphAssoc@aol.com www.murphyenterprises.com r The Editor's IFA Notebook Fred L Reed III fred@spmc.org November/December 2001 • Whole No. 216 • PAPER MONEY402 Letter to the Editor Greetings, My first encounter with a short snorter "bankroll" was in the 1950s as a youngster. My Sunday school teacher was a WWII vet and brought his in and showed and explained it to the class on one Sunday morning. Needless to say the "seed was sown." Cheers, Colin Bruce research exchange: a service for SPMC members • Artist Inquiry. Would like to know if anyone has any information as to whether Jacob Wrey Mould, an architect, did any vignette art or designs for bank notes. A broadside he issued in 1869 indicates that he offered this service. Contact Mark Tomasko, Box 834, NY, NY 10150-0834 or mntomasko©worldnetattnet • Roger B. Taney. I need, if there is one available, a photograph of a note with Justice Roger B. Taney. No one I have asked can even confirm his being portrayed on PM. There are two or so still unidentified portraits on Maryland PM that do not look too much like him, but you never know. Actually, his portrait on currency from any state will do. I also need a good quality picture of duel- ing pistols. Contact johnnybanknote©webtv.net or C. John Ferreri, PO Box 33, Storrs, CT 06268 • Waterman Lilly Ormsby. For a future article in Paper Money, I am looking for a photograph or other illustration of 19th century bank note engraving genius Waterman L. Ormsby. Contact Robert McCabe, do Toxicology, 5426 NW 79th Avenue, Miami, FL 33166 or fred@spmc.org • New York Obsolete Bank Notes (1784-1865). Researcher requesting info for SPMC state catalog on banking details for NY obsolete notes. All information welcome. At the moment, I am interested in any notes from "The Woodstock and Saugerties General Manufacturing Co." at Saugerties. I am looking for infor- mation when the bank opened and for how long, who the President and Cashier were, year of issue of notes, capital at founding, etc. Will gladly reimburse cost and postage of material received. Contact jglynn@zoom.co.uk or John Glynn, 41 St. Agnells Lane, Hemel Hempstead, Herts HP2 lax, England • Macerated Money. Wanted any information that would help in publishing a book on items made between 1874-1940 out of chopped up U.S. currency. Who made the products, where sold, etc.? Any help appreciated. Contact Bertram M. Cohen, 169 Marborough St., Boston, MA 02116-1830 or marblebert@aol.com • Eastman College Currency. Authors jointly revising current cat- alog of Eastman notes. New listing will appear in Paper Money serially and subsequently as a separate pamphlet. Wanted xeroxes of unlisted notes, or census data of your current hold- ings. Contributors will be acknowledged or kept confidential, as you desire. Contact Fred Reed, P.O. Box 793941, Dallas, TX 75379-3941 or freed3@airmail.net or Austin Sheheen, P.O. Box 428, Camden, SC 29020 • Movie Money. Researcher attempting to catalog scrip used as money in motion pictures, TV & stage for future Paper Money series. Contact the Editor or Fred Reed at freed3@airmail.net • Delaware Obsolete Notes and Scrip. SPMC state catalog researcher seeks information on existing notes, including serial and plate numbers. Records of other Delaware material such as old lottery tickets, vignettes, Colonials and National Currency are also being kewpt for population statistics. Will gladly pay copying costs and postage for pictures of your Delaware material. Contacts confidential. Contact napknrng@dmv.com or Terry A. Bryan, 189 South Fairfield Drive, Dover, DE 19901-5756 v M Remember Pearl Harbor + 60 Years ANY ARE EQUATING 9/11/01 WITH 12/7/41, the 60th anniversary of which we are marking with this special issue. You probably saw the movie Pearl Harbor, Jerry Bruckheimer's epic love-battle story starring Ben Affleck, Josh Hartnett and Kate Beckinsale. Of course the actual battle 60 years ago led directly to the U.S. entry into World War II against the Axis Powers. One of the most enlightening arti- cles of my young journalistic career -- some 30 years ago for the 30th anniversary of the Japanese attack on Hawaii -- was rounding up about a dozen survivors of that cataclysmic event. I wrote a "blockbuster" feature story for the Third U.S. Army HQs publication, Lucky Times. My purpose was not much dif- ferent from the Hollywood producer's. We both sought to retell the story through the eyes of survivors and create a last- ing recreation for our audience. Bruckheimer, alas, also had 140 million more dollars at his disposal. One of the enduring legacies of World War II was the proliferation of a paper money phenomenon -- the Short Snorter. Since this issue marks the 60th anniversary of the beginning of that war, we deemed it auspicious to launch the first of what we hope will be a string of topical issues of this magazine. This issue on short snorters is part historical research, part treasure hunt. Autograph hounds are generally excited to learn about the host note(s) and veteran syn- graphists are diligent in researching the historical context from which the short snorter emerged. My Pearl Harbor anniversary story was pretty good, if I do say so myself. Movie mogul Bruckheimer's film did OK too (it grossed 197 million dollars), but even with his big bud- get the filmmaker didn't quite get everything right. When Cuba Gooding's cook character is boxing the Bluto machinist his manager Guy Torrey is clutching a fist full of greenbacks representing the take from the fight. The outside bill of the wad is clearly a $5 HAWAII note. Nice try Hollywood. It shows somebody did some research and went the extra mile. Trouble is, in the context of the film that boxing match took place in August or early September 1941 (shortly after the scene we are advised it is three months later and it's still before Dec. 7, 1941). Those HAWAII notes weren't deliv- ered until the following June -- at least nine months later! A Special Note on this Issue A tip of the cap to John Wilson for the photo of the note autographed by General Douglas MacArthur. Special thanks also to Fred Schwan and the MPCGram for permission to reprint the short snorter reflections of Messrs. Boling, Murray, Smulczenski, and Bruce. Free e-mail subscriptions to the (almost) daily e-gram on military money may be obtained from fred@papermoneyworld.com . Tell him we sent you. • HARRY IS BUYING NATIONALS — LARGE AND SMALL UNCUT SHEETS TYPE NOTES UNUSUAL SERIAL NUMBERS OBSOLETES ERRORS HARRY E. JONES Winn PO Box 30369 Cleveland, Ohio 44130 1-440-234-3330 MEMBER ANA I COLLECT MINNESOTA OBSOLETE CURRENCY and NATIONAL BANK NOTES Please offer what you have for sale. Charles C. Parrish P.O. Box 481 Rosemount, Minnesota 55068 (651) 423-1039 SPMC LM 1 1 4—PCDA—LM ANA Since 1976 Allijj$4"1400 ifint TEN. - AD INDEX AMERICAN SOCIETY OF CHECK COLLECTORS 399 BART, FREDERICK J 389 BOMBARA, CARL 399 BOWERS & MERENA GALLERIES IBC BUCKMAN, N.B. 399 COHEN, BERTRAM 377 COLLECTIBLES INSURANCE AGENCY 381 CURRENCY AUCTIONS OF AMERICA 404 DENLY'S OF BOSTON 401 EARLY AMERICAN NUMISMATICS 383 HAGEN, BRUCE 399 HOOBER, RICHARD T. 389 HORWEDEL, LOWELL C. 389 HUNTOON, PETER 379 JONES, HARRY 403 KAGIN, A.M. 387 KAGIN'S 395 KNIGHT, LYN 371 KRAUSE PUBLICATIONS OBC KYZIVAT, TIM 401 LITT, WILLIAM 401 LITTLETON COIN CO. 367 MORYCZ, STANLEY 363 MURPHY, JUDITH & CLAUD 401 NAPLES BANK NOTE COMPANY 397 OREGON PAPER MONEY EXCHANGE 389 PARRISH, CHARLES C. 403 POLIS, JAMES 403 POMEX, STEVE 389 QUAST, LEE 399 REED, FRED 379 ROB'S COINS & CURRENCY 400 RUBENSTEIN, J&F 381 SHULL, HUGH 358 SILVER PENNY COINS 397 SLUSZKIEWICZ, TOM 379 SMYTHE, R.M. IFC STACK'S. 385 UNIVERSITY PRODUCTS 377 YOUNGERMAN, WILLIAM, INC. 383 PAPER MONEY • November/December 2001 • Whole No. 216 403 Buying & Selling Quality Collector Currency • Colonial & Continental Currency • Fractional Currency • Confederate & Southern States Currency • Confederate Bonds • Large Size & Small Size Currency Always BUYING All of the Above Call or Ship for Best Offer Free Pricelist Available Upon Request James Polis 4501 Connecticut Avenue NW Suite 306 Washington, DC 20008 (202) 363-6650 Fax: (202) 363-4712 E-mail: Jpolis7935@aol.com Member: SPMC, FCCB, ANA 404 November/December 2001 • Whole No. 216 • PAPER MONEY An unpretedepted opportunity lor Currency Buyers and Sellers ENTIO Currency Auctions of America joins the Heritage family of companies Currency Auctions of America, America's most respected currency auctioneer, has just become part of the country's largest numismatic auction house, Heritage Numismatic Auctions. Building on the combined strengths of both companies, opportunities for buyers and sellers of paper money will greatly increase with more frequent CAA auctions at conventions around the country, and twice-monthly sales on the Internet at www.CurrrencyAuction.com . CAA founders Len Glazer and Allen Mincho, two of the top currency experts in the world, will continue handling all consignments, grading, and cataloging. CAA will be able to offer more material, hold more auctions, and have greater access to potential bidders through r Heritage's huge customer base, worldwide marketing expertise, financial strength, and advanced technology. This gives CAA the unmatched ability to attract potential consignors and bidders, which means more choices for paper money collectors: • more frequent auctions, containing larger amounts of material •access to Heritage's active mailing list of 50,000 names and web site membership of nearly 40,000 numismatists •online interactive bidding and paper money search engine capabilities at www.CurrencyAuction.com and www.HeritageCoin.com . • full color, enlargeable images of every single-note lot posted on the Internet • selected lots for the September CAA auction in Cincinnati will also be available for viewing through Heritage at the ANA convention in Atlanta in August • all CAA catalogs will be available in CD-ROM format as well as online • lead-times will be shortened between consignment deadlines and sale dates • greater financial resources for cash advances to consignors and for purchases We invite your participation in future CAA auctions. L CAA Upcoming Schedule: September 2001 - Cincinnati November 2001 - St. Louis - Charity Auction January 2002 - Orlando May 2002 - Rosemont J I am interested in consigning my currency to one of your upcoming auctions, please contact me. J I would like a copy of your next Auction Catalog. Enclosed is a check or money order for $15, (or an invoice for $1,000 from another cur- rency company: Fax or Mail a copy to CAA). u I would like a one-year subscription to all your Auction Catalogs. Enclosed is $50 for the year. I would like a FREE copy of your video "Your Guide to Selling Coins and Currency at Auction." iJ Fill in your e-mail address below for free, comprehensive e-listings, news. and special offers. Email Name Gay, Slate. Zip Daytime Phone Evening Phone FOR FASTER SERVICE, Call 1-800-872-6467 CURRENCY AUCTIONS OF AMERICA Heritage Playa. 100 Highland Park Village, and Floor • Dallas. Texas 75205-2788 214-528-3500 • FAX: 214-443-8425 vxm.Heritagefoin.com • e-mail: Biris@HeritageCoin.com Len Glazer, Ext. 390 (Len@HeritageGoin.com ) Allen Minch, Ext. 327 (Allen@HeritageCeithoorn) America's Ht Numismatic Auctioneer ERITAGE Numismatic Auctions, Inc. CURRENCY AUCTIONS OF AMERICA NGC Len Glazer 1-800-872-667 Ext. 390 (Len@HeritageCoin.com )itC6 4';-1- • 117 Allen Mincho 1-800-872-667 Ext. 327 (Allen@HeritageCoin.com ) www.CurrencyAuction.com Heritage Plaza, 100 Highland Park Village, 2nd Floor • Dallas, Texas 75205-2788 • 1-800-US COINS (872-6467) • 214-528-3500 • FAX: 214-443-8425 www.HeritageCoin.com • e-mail: Bids@HeritageCoinscom • www.CurrencyAuction.com • e-mail: Notes@CurrencyAuction.com SPMC bet M W A:, tot .4 (A*0: f:.riletkallk.101:1:4 0ex Cis ,407 , , ,///, 1 01". HONTGOMERY, We offer you the incomparable and very profitable ad- vantage of having your material presented in our superbly illustrated Grand FormatTM catalogue to our worldwide clientele of collectors, investors, museums, dealers, and other bidders. Your paper money will be showcased by the same expert team of cataloguers, photographer, and graphic artists that have produced catalogues for some of the finest collections ever sold. And, the presentation of your currency will be supervised by Q. David Bowers, one of the most well- known names in the entire hobby. Choice VF 1861 Montgomery Issue $100, realized $25,300 q.W.B D.W $ lica.,vir. 1 or (..oin ,Vote, ccalIsTed 138.000 11,4 .01,“ MAL MP • 4' MILLIAL11.1.40. Unique Territory of Dakota, National Bank Note, Serial #1, realized $55,200 Its Easy to Consign! Selling your collection will be a pleasant and financially rewarding experience. From the moment we receive your consignment we will take care of everything: insurance, security, advertising, worldwide promotion, authoritative cataloguing, award-winning photography, and more—all for one low commission rate, plus a buyer's fee. When you do business with Bowers and Merena, you do business with a long- established firm of unsurpassed professional and financial reputation. Over the years we have sold over $350,000,000 of numismatic items and have pleased more than 30,000 consignors. Just contact John Pack, our auction director at 800 -458 -4646 to discuss your consignment. It may well be the most financially rewarding decision you make. WEEHAWKEN NulltaluuwAs+Lumiumulailuu4 43t 0 4,- MI* AS. WE I: HAWKE \ ammamtainro jalein(m),,PallifW 44; Weehawken, New Jersey $5 National Bank A'0 ir Serial #1, realized $15,525 Lett. It int t.stitnotatAtt".` IL REALIZE TOP MARKET PRICE FOR YOUR PAPER MONEY! Let Our Success be Your Success! Consign with Bowers and Merena Galleries Today. iw vow Buy Online, Bid Online, Books Online! www.bowersandmerena.com BOWERS AND MERENA GALLERIES A COLLECTORS UNIVERSE COMPANY—NASDAQ: CLCT Box 1224 • Wolfeboro, NH 03894 • 800-458-4646 • In NH 569-5095 • FAX 603-569-5319 www.bowersandmerena.com • e-mail: auction@bowersandmerena.com PM0901 A 19th edition STANDARD CATALOG OF United States Paper Mopey By Chester L. Krause and Robert F. Lemke Joel T. Edter, Editor NATIONAL BANK NOTES • LARGE & SMALL SIZE BY SERIES • FRACTIONAL CURRENCY • ERROR NOTES • M.P.C. • POSTAGE STAMP ENVELOPES • ENCASED POSTAGE •PHILIPPINE ISLANDS OOMIMMIWEALTH issues • PRE-CIVIL WAR U.S. NOTES • GUIDE TO AUTISM'S, Meals*WAS Ake Mee Nkskeerl standard catalog of WORLDP PAPER MONEY general Issues volume two Edited by Nett Shafer A Co,i • Brute it though lleso notes mute r - • lottudn, t lr ct pters are end To receive a FREE all-products catalog or to place a credit card order, Call 800-258-0929 Mon-Fri, 7 a.m. - 8 p.m. • Sat, 8 a.m. - 2 p.m., CST Mail to: Krause Publications, Offer N89S PO Box 5009 Iola, WI 54945-5009 Or visit and order from our secure web site: www.krausebooks.com Dealers can call toll-free 888 -457 -2873 ext 880, Mon-Fri 8 a.m. - 5 p.m. Shipping and Handling: $3.25 1st book; $2 ea . addl Foreign orders $15 per shipment plus $5.95 per book. Sales tax: CA, IA, IL, PA, TN, VA, WA, WI residents please add appropriate sales tax. ^- SATISFACTION GUARANTEE If for any reason you are not completely satisfied with your purchase, simply return it within 14 days and receive a full refund, less shipping Offer N89S