Paper Money - Vol. XV, No. 3 - Whole No. 63 - May - June 1976

Paper )1W BIMONTHLY PUBLICATION OF THE Society Paper Nowt Collectom Vol. XV No. 3 Whole No. 63 May/June 1976 c:41,01041arrlatiA 3 911 Market Sty;. In this special Bicentennial Americana issue, M. 0. Warns surveys the syn- graphics of the 1876 Centennial and J. R. Lasser reports on members of the Continental Congress who signed Continental currency. $2.00 BICENTENNIAL SETS 1976 Superb Crisp New Sets-all Twelve Districts Similar Set (12)-with the Last Two Numbers matching Single Blocks-Each $1.00 FEDERAL RESERVE SETS ALL SUPERB CRISP NEW SETS -I- + BUY NOW AT THESE LOW PRICES. Complete Sets Sets= Last 2 Nos. Match Complete Star Sets=Last Star Sets 2 Nos. Match 1963 Granahan/Dillon (12) 28.75 30.75 (12) 29.75 31.75 1963A Granahan/Fowler (12) 26.75 28.75 (12) 27.75 29.75 1963B Granahan/Barr ( 5) 8.75 10.75 ( 4) 8.75 10.75 1969 Elston/Kennedy (12) 20.75 22.75 (12) 23.75 25.75 1969A Kabis/Kennedy (12) 20.75 22.75 (11) 21.75 23.75 1969B Kabis/Connally (12) 19.75 21.75 (12) 23.75 25.75 1969C Banuelos/Connally (10) 16.75 18.75 ( 9) 20.75 22.75 1969D Banuelos/Schultz (12) 17.75 17.75 (11) 22.75 24.75 1974 Neff/Simon (12) 17.75 19.75 Above 1963/1974 All Nine Sets (99) 169.75 184.75 8 Sets (83)171.75 184.75 ALL-MATCHING NUMBERED SETS 1963/1974 All Nine Sets (99) -F Each with the Same Last Two Numbers 196.75 1963/1969D All Eight Star Sets (83) -I- Each with the Same Last Two Numbers 196.75 SUPERB UNCUT SHEETS OF TWELVE 1935-C $1 Silver Certificates. Julian/Snyder. Superb Sheet=Only 100 Issued. Some were Cut up . 898.75 1928-G $2 Legal Tender. Clark/Snyder. Superb Sheet-=-Only 100 Issued. Now Rare 998.75 SPECIAL=_The Pair 1799.75 $1 "R" & "S" EXPERIMENTAL ISSUE 1935A Red "R" & "S" C Superb Crisp New Pair 169.75 Similar Pair-Crisp New-but not quite as well Centered 149.75 WESTPORT CURRENCY ALBUMS A NEW DELUXE ALBUM FOR PAPER MONEY! 28.75 30.50 2.75 CUSTOM-MADE LOOSE-LEAF BINDER DeLuxe Gold-Titled 3-Ring Binder-lies flat and permits easy insertion of pages. The contoured Plastic sheet lifters guide Pages as Album is open or closed. -F Superior Quality Single Pages + Printed One Side on Heavy Fine Finish Stock, Fits Westport Binder=_or 3-Ring Binder. ▪ Page Units for practically all Series of Notes. -I- Two New Heavy Duty Mounts with each Page, offer E-Z Bill in- sertion and removal, while viewing both sides of Bill. $1.00 FEDERAL RESERVE SETS DISTRICT SETS BLOCK # SETS Series Bill Capacity Price Series Bill Capacity Price 1963 (12) $3.50 1963 (34) $7.95 1963A (12) 3.50 1963A (70) 14.95 1963B (10) 3.50 1963B (14) 4.00 1969 (12) 3.50 1969 (36) 7.95 1969A (12) 3.50 1969A (32) 7.95 1969B (12) 3.50 1969B (35) 7.95 1969C (12) 3.50 1969C (26) 7.95 1969D (12) 3.50 1969D (30) 7.95 1974 (12) 3.50 1974 (30) 7.95 Custom-made Binder On Orders for above Westport Albums also include a Currency Order. ($20 or more) Deduct 10% Discount (Or Deduct 15% IF you LIBRARY SPECIALS-POSTPAID Please add 50e to Book Orders less than $25.00. Save $$$'s on Books (Orders 10% (Or 15% IF you Include a Currency Order.) MONTHLY SPECIALS $20.00 or more) Deduct NEWMAN'S-"Early Paper Money of America". 2nd Ed. The publishers now says we'll have this in late June or July. PRICE $19.50-BUT we'll accept Advance Orders at $16.95 NET-and ship as soon as they arrive. FRIEDBERG'S-"Paper Money of U.S."-8th Ed. ($17.50). NET 12.95 OTHER IMPORTANT BOOKS Price (16) $4.50 (12) 3.50 (12) 3.50 (12) 3.50 (10) 3.50 ( 6) 1.00 ( 5) 1.00 8.95 OTHER SETS Series Bill Capacity $2.00 U.S. Notes Nat'l Currency Blank small bills Silver Certificates Large Size Bills Small Bill Mounts Large Bill Mounts Bradbeer. "Confederate & Southern States Currency" Reprint 12.50 Criswell. "North American Currency". 2nd Ed. Incl. Canadian & Mexican Currency Illus'd., Values 15.00 SPECIAL-Above BIG Pair-Net 21.50 Hessler. "The Comprehensive Catalog of U.S. Paper Money". Illus'd., Values It's Terrific 20.00 Pick. "The Standard Catalog of World Paper Money" 20,000 Notes, Listed & Priced. 4,000 photos 15.00 Van Belkum. "National Bank Notes of the Note Issuing Period 1863- 1935" List all Charter Banks (14,343) 13.50 Warns. "The Nevada Sixteen National Bank Notes". An Exciting ork 17.50 Kagin/Donlon. "U.S. Large size Paper Money 1861-1923". New 4th 3.50 Hewitt/Donlon. "Catalog of Small Size Paper". 12th Ed. 2.50 Kemm. "The Official Guide to U.S. Paper Money". New 1976 Ed 1.75 O'Donnell. "The Standard Handbook of Modern U.S. Paper Money" 4th Ed. All You'll Want to Know about Block Collecting. ($10). Special-Net 6.95 Shafer. "Guide Book of Modern U.S. Currency." 7th Ed. 2.95 Werlich. "Catalog of U.S. & Canada Paper Money". New 1974 Ed 3.95 SPECIAL-The Above BIG Six, Starred NET 17.50 Please add $1.00 on Orders under $100.00. BOOKS=Add 50c on Orders less than $25.00. Nebraskans add Sales Tax. Please add $1.00 under $200.00. Nebraskans add Sales Tax. 100% Satisfaction Always. MEMBER: Life #110 ANA, ANS, PNG, SCPN, SPMC, IAPN, Others. A. wst.tA rk, 'HEMBEM Bebee's, inc. "Pronto Service" 4514 North 30th Street Phone 402-451-4766 Omaha, Nebraska 68111 sou Ery OF PAPER MONEY COLLECTORS INC. Founded 1961 PAPER MONEY is published every other month beginning in January by The Society of Paper Money Collectors, Inc., J. Roy Pen- nell, Jr., P. O. Box 858, Anderson, SC 29621. Second class postage paid at An- derson, SC 29621 and at additional entry office, Federalsburg, MD 21632. Annual membership dues in SPMC are $8.00, of which $5.25 are for a subscrip- tion to PAPER MONEY. Subscriptions to non-members are $10.00 a year. Individual copies of current issues, $1.75. Society of Paper Money Collectors, Inc., 1976. All rights reserved. Reproduction of any article, in whole or in part, without express written permission, is prohibited. ADVERTISING RATES Space Outside 1 Time Contract Rates 3 Times 6 Times Back Cover $40.00 $108.00 $204.00 Inside Front & Back Cover 37.50 101.25 191.25 Full page 32.50 87.75 165.75 Half-page 20.00 54.00 102.00 Quarter-page 12.50 33.75 63.75 Eighth-page 8.00 21.60 40.80 25% surcharge for 6 pt. composition; en- gravings & artwork at cost + 5%; copy should be typed; $2 per printed page typing fee. Advertising copy deadlines: The 15th of the month preceding month of issue (e.g. Feb. 15 for March issue). Reserve space in advance if possible. PAPER MONEY does not guarantee adver- tisements but accepts copy in good faith, reserving the right to reject objectionable material or edit any copy. Advertising copy shall be restricted to paper currency and allied numismatic mate- rial and publications and accessories related thereto. All advertising copy and corresponclenc. should be addressed to the Editor. Pape litoney 0 f icial Bimonthly Publication of THE SOCIETY OF PAPER MONEY COLLECTORS, INC. Vol. XV - No. 3 Whole No. 63 May/June 1976 BARBARA R. MUELLER. Editor 225 S. Fischer Ave. Jefferson, WI 53549 Tel. 414-674-5239 Manuscripts and publications for review should be addressed to the Editor. Opinions expressed by the authors are their own and do not necessarily reflect those of SPMC or its staff. PAPER MONEY reserves the right to edit or reject any copy. Deadline for editorial copy is the 1st of the month preceding the month of publica- tion (e.g., Feb. 1 for March issue, etc.) SOCIETY BUSINESS & MAGAZINE CIRCULATION Correspondence pertaining to the business affairs of SPMC, including membership, changes of address, and receipt of magazines, should be addressed to the Secretary at P. 0. Box 4082, Harrisburg, PA 17111. IN THIS ISSUE: MEMBERS OF THE CONTINENTAL CONGRESS WHO SIGNED CONTINENTAL CURRENCY —Joseph R. Lasser 119 THE FIRST BANK IN WISCONSIN —Charles Kemp 1 28 KANSAS OBSOLETE MERCHANT SCRIP OF THE ELDRIDGE BROTHERS S. K. Whitfield 130 BASIC PLATE AND OVERPRINT VARIETIES ON THE FIRST AND SECOND CHARTER NATIONAL BANK NOTES --Peter Huntoon 134 MILITARY PAYMENT CERTIFICATES/ALLIED MILITARY CURRENCY: ARE THEY U. S. PAPER MONEY? --Carlton "Fred" Schwan 140 SIR MOSES HAIM MONTEFIORE—"LOVER OF ZION" Franz Frankl 141 FIRST CHARTER ONE -DOLLAR NATIONALS: PART IV Howard W. Parshall 142 NEW LINE - INTAGLIO ROTARY CURRENCY PRESS AT THE BUREAU --George W. Brett 144 A BANK OF NORTH AMERICA CHECK —Richard T. Hoober 146 A SYNGRAPHIC SURVEY: THE U. S. CENTENNIAL AND EXHIBITION OF 1876 M. Owen Warns 147 The Society of Paper Money Collectors, Inc. SPMC CHRONICLE 157 SECRETARY'S REPORT —Harry G. Wigington ,,,,, „ „, „, 159 Cociety oif Paper Motel Cellecter4 OFFICERS President Robert E. Medlar 220 Alamo Plaza, San Antonio, TX 78205 Vice - President Eric P. Newman 6450 Cecil Ave., St. Louis, MO 63105 Secretary Harry G. Wigington P.O. Box 4082, Harrisburg, PA 17111 Treasurer C. John Ferreri P.O. Box 33, Storrs, CT 06268 PUBLICATIONS FOR SALE TO SOCIETY MEMBERS One of the stated objectives of SPMC is to "encourage research about paper money and publication of the re- sultant findings." In line with this objective, the following publications are currently available: We have the following back issues of PAPER MONEY for sale for $1.00 each. For orders of less than 5 copies at one time, please include $0.25 per issue for postage. We have only the issues listed for sale. q vol. q vol. q vol. 4, 4, 4, 1965, 1965, 1965, No. 2 No. 3 No. 4 (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. (No. 14) 15) 16) q Vol. 9, 1970, q Vol. 9, 1970, No. 3 (No. 35) No. 4 (No. 36) No. 1 (No. 37) No. 2 (No. 38) No. 3 (No. 39) No. 4 (No. 40) Sold Out No. 1 (No. 41) No. 2 (No. 42) No. 3 (No. 43) No. 3 (No. 44) No. 1 (No. 45) No. 2 (No. 46) No. 3 (No. 47) No. 4 (No. 48) No. 1 (No. 49) No. 2 (No. 50) No. 3 (No. 51) No. 4 (No. 52) No. 5 (No. 53) No. 6 (No. 54) No. 7 (No. 55) APPOI NTEES Editor Barbara R. Mueller Librarian Wendell Wolka BOARD OF GOVERNORS Larry Adams, Thomas C. Bain, Vernon L. Brown, Forrest W. Daniel, David A. Hakes, William J. Harrison, Robert E. Medlar, Eric P. Newman, Charles O'Donnell, J. Roy Pennell, Jr., Glenn B. Smedley, George W. Wait, M. Owen Warns, Harry G. Wigington, Wendell Wolka When making inquiries, please include stamped, self-addressed envelope. Society Library Services The Society maintains a lending library for the use of mem- bers only. A catalog and list of regulations is included in the official Membership Directory available only to members from the Secretary. It is updated periodically in PAPER MONEY. For further information, write the Librarian-Wen- dell Wolka., P.O. Box 366, Hinsdale, III. 60521. The Society of Paper Money Collectors was organized in 1961 and incorporated in 1964 as a non-profit organization under the laws of the District of Columbia. It is affiliated with the American Numismatic Association and holds its an- nual meeting at the ANA Convention in August of each year. MEMBERSHIP-REGULAR. Applicants must be at least 18 years of age and of good moral charter. JUNIOR. Applicants must be from 12 to 18 years of age and of good moral char- acter. Their application must be signed by a parent or a guardian. They will be preceded by the letter "j". This letter 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 to vote. Members of the A.N.A. or other recognized numismatic organizations are eligible for membership. Other applicants should be sponsored by an S.P.M.C. member, or the secretary will sponsor persons if they provide suitable references such as well known numismatic firms with whom they have done business, or bank references, etc. DUES-The Society dues are on a calendar year basis and are $8.00 per year, payable in U.S. Funds. Members who join the Society prior to October 1st receive the magazines already issued in the year in which they join. Members who join after October 1st will have their dues paid through December of the following year. They will also receive, as a bonus, a copy of the magazine issued in November of the year in which they joined. q Vol. q vol. q Vol. 111 Vol. q vol. q Vol. Vol. q vol. q Vol. q Vol. 7 Vol. q Vol. q vol. q vol. q vol. q Vol. q Vol. 9, 1970, No. 1 q Vol. 9, 1970, No. 2 6, 1967, 6, 1967, 6, 1967, 6, 1967, 7, 1968, 7, 1968, 7, 1968, 7, 1968, 5, 1966, 5, 1966, 5, 1966, 5, 1966, 8, 1969, 8, 1969, 8, 1969, 8, 1969, No. 1 No. 2 No. 3 No. 4 No. 1 No. 2 No. 3 No. 4 No. 1 No. 2 No. 3 No. 4 No. 1 No. 2 No. 3 No. 4 21) 22) 23) 24) 17) 18) 19) 20) 25) 26) 27) 28) 29) 30) 31) 32) 33) 34) q Vol. 13, 1974, q Vol. 13, 1974, q Vol. 13, 1974, q Vol. 13, 1974, q Vol. 13, 1974, q Vol. 13, 1974, q Vol. 14, 1974, q Vol. q Vol. q Vol. q Vol. q vol. q vol. q Vol. q Vol. q vol. q Vol. q Vol. q Vol. Index Vol. 1-10 11, 11, 11, 11, 12, 12, 12, 12, 10, 10, 10, 10, 1972, 1972, 1972, 1972, 1973, 1973, 1973, 1973, 1971, 1971, 1971, 1971, $1.00 We have a few cloth bound copies of PAPER MONEY for sale as follows: Vol. 11 Nos. 41 through 44 Cloth Bound $11.00 Vol. 12 & Vol. 13 Nos. 45 through 54 Cloth Bound $17.50 We have the following books for sale: q FLORIDA OBSOLETE NOTES & SCRIP $5.00 Harley L. Freeman • MINNESOTA OBSOLETE NOTES & SCRIP $5.00 R. H. Rockholt El TEXAS OBSOLETE NOTES & SCRIP $6.00 Robert E. Medlar q VERMONT OBSOLETE NOTES & SCRIP $10.00 Mayre B. Coulter q NATIONAL BANK NOTE ISSUES OF 1929-1935 $9.75 Warns - Huntoon - Van Belkum q MISSISSIPPI OBSOLETE PAPER MONEY & SCRIP $6.50 L. Dandier Leggett The above prices are for SPMC Members. All of these cloth bound books are S% x 11" and have many illustrations. Write for Quantity Prices on the above books. ORDERING INSTRUCTIONS 1. Check the box at the left of description for all items ordered. 2. Total the cost of all publications ordered. 3. ALL publications are postpaid except orders for less than 5 copies of Paper Money. 4. Enclose payment (U.S. funds only) with all orders. Make your check or money order payable to : Society of Paper Money Collectors. 5. Remember to include your ZIP CODE. 6. Allow up to six weeks for delivery. We have no control of your package after we place it in the mails. Send remittance payable to The Society of Paper Money Collectors, Inc. P, O. Box 858, Anderson, S.C. 29622 Be Sure To Include Zip Code! WHOLE NO. 63 Paper Money PAGE 1 1 9 SPMC Bicentennial Feature Members of the Continental Congress Who Signed Continental Currency By JOSEPH R. LASSER ART of the charisma of collecting Continental and Colonial currency stems from their written signa- tures. Autographs of some signers of the Declara- tion of Independence, the Constitution and other major American documents are found on the bills, plus gover- nors, generals, merchants, ministers, farmers, and of course, many Tories. An extraordinarily wide range of personalities affixed their names to these "bits of history." It was, however, not until the publication of Early Paper Money of America by Eric P. Newman in 1967 that a truly comprehensive view became available of the scope of the signatures encompassed by paper money of the colonial period, thereby making possible mean- ingful efforts to identify the host of signers. Not surprisingly, there are instances where the numis- matic fraternity has erred in identifying the signers of hills and, by repetition, the inaccuracies have become accepted as fact. Some errors stem from the long- honored custom of passing both a given name and a surname from one generation to another. Most often names are passed from father to son, leading to the use of senior (Sr.) and junior (Jr.). but if a son drops the identification "Jr." upon the death of his father, an accurate attribution can become a problem for a re- searcher two hundred years later. The possibility of confusion becomes more pronounced if neither father nor son has used the suffix "Sr." or "Jr.", and a more exotic twist is added when identical names are carried by an uncle and nephew or two cousins. On occasion, a name may skip one or more gener- ations, with a child being named in honor of an ancestor. The inventor, Thomas Edison, bore the name of an ancestral uncle, a minor functionary on the staff of the Continental Congress. By plea and petition, the first Thomas Edison secured the freedom of his imprisoned aged Tory uncle, so that he could end his days in peace, and a later generation of Edisons acknowledged its gratitude. Some identification puzzles do not stem from family genealogies. Common surnames such as Smith, the use of amanuenses to sign minor documents, signatures employing only initials rather than full given names, and archaic and illegible handwriting are some of the additional obstacles. In microcosm, the Continental Currency series illus- trates the difficulties encountered in numismatic signa- ture identification. The "names" of 12 members of the Continental Congress are found on Continental Currency. However, review of authenticated signatures on docu- ments reveals that only nine Delegates actually signed bills. Other uncertainties also are evident. Six signers, or purported signers, have the same given name and surname of other men of the Revolutionary period and a seventh requires the identification of "Senior" or "Junior." By comparing signatures on documents with those on Continental Currency, it has been possible to come to the following conclusions: Continental Currency Signers Who Were Members of the Continetal Congress JOHN BAYARD Signature on Document Signature on Currency J. Signature on Currency [rt-1 a ir If al ' 1171011 26z7 4""elr-e...€ Paper MoneyPAGE 120 WHOLE NO. 63 C.C. ISSUES SIGNED: 5/10/1775, 11/29/75 DOCUMENT SIGNATURE SOURCE: a 7/6/73 letter to Pastor David McCleur REASONS FOR MISIDENTIFICATION: Although it was early in our national history, the Bayard family was widely dispersed by the time of the American Revolu- tion. The first members of the family came to the Colonies with Peter Stuyvestant, who had married Judith Bayard. A century later, there were Bayards in Pennsylvania, Delaware, Maryland, and New York. John Bayard was born in Bohemia Manor, Maryland, and as a youth settled in Philadelphia. He apparently was a cousin of the Lieutenant-Colonel John Bayard, a Tory New Yorker who joined the British Army. He also was an uncle of James Ashton Bayard, who became a Representative and Senator from Delaware, and great- uncle of James Ashton Bayard, Jr., who also became a Senator from Delaware in 1851. BIOGRAPHY: (8/11/1738 to 1/7/1807) A member of the Continental Congress 1785-87, John Bayard was a leading merchant of the city of Philadelphia. Early in the Revolution, he joined the Sons of Liberty, and was a member of the Pennsylvania General Assembly 1776-1779 and 1784, serving several terms as Speaker. During the Revolutionary War, Bayard was Colonel of the Second Regiment of Philadelphia Volunteers, participating in the battles of Brandywine, Germantown, and Princeton. He moved to New Brunswick, New Jersey, in 1788, and be- came Mayor of that city in 1790; a few years later he was appointed to his final public office, Presiding Judge of the Court of Common Pleas of Somerset County. GUNNING BEDFORD, JR. Signature on Document Signature on Currency C.C. ISSUES SIGNED: 9/26/1778 DOCUMENT SIGNATURE SOURCE: a letter 12/17/1804 to his daughter Henrietta. REASONS FOR MISIDENTIFICATION: Gunning Bed- ford, Senior, was a cousin of Gunning Bedford, Junior. Bedford, Sr., also was prominent in our early history, as a delegate to the Continental Congress in 1786 and 1787, and Governor of Delaware in 1796. BIOGRAPHY: (1747-3/30/1812) Member of Continental Congress 1783-1785. A Philadelphian, Gunning Bedford, Jr., graduated from Princeton College in 1771, and shortly thereafter commenced legal practice in Dover, Delaware. During the War, for a short time he was an aide-de-camp to George Washington. He was elected to the Continental Congress in 1783, and was a delegate to the Federal Constitutional Convention in 1787, signing the resulting document. A Presidential Elector in 1789, and again in 1793, he ultimately became the United States Judge for the District of Delaware on 9/26/89, a post which he held until his death. DANIEL CARROLL Signature on Document C.C. ISSUES SIGNED: 2/17/1776 fractionals, 11/2/76, 2/26/77 DOCUMENT SIGNATURE SOURCE: letter 12/2/77 relating to war and ship movements. REASONS FOR MISIDENTIFICATION: A Marylander, Daniel Carroll had several cousins, including Charles "Barrister" Carroll, and Charles Carroll of Carollton. The latter was a signer of the Declaration of Independ- ence. BIOGRAPHY: (7/22/1730-5/7/1796) Member of the con- tinental Congress 1780-84, Daniel Carroll also was a WHOLE NO. PAGE 1 21Paper Money signer of both the Articles of Confederation in 1781, and the Constitution in 1787. Appointed a member of the Commission to establish the District of Columbia and the Federal City by President Washington in 1791, he not only gave his time and talents to the task, but also arranged to permit a portion of his farm to become part of the site of the present city of Washington, D.C. JOSEPH GARDNER Signature on Document ("led!. 't O- MATTHEW CLARKSON Signature on Document f off • C.C. ISSUES SIGNED: 11/29/75, 2/17/76, 5/9/76 DOCUMENT SIGNATURE SOURCE: in a letter 2/8/- 1787, Clarkson, as Commissioner of the Pennsylvania Lottery, asks the legislature when he can proc,.,ed with the drawing. REASONS FOR MISIDENTIFICATION: Another Matthew Clarkson, a New Yorker, became President of the Bank of New York in 1804. Signatures of the two men are somewhat similar. Matthew Clarkson, the Phila- delphian, however, died in 1800, eliminating the possibility that the two men are the same, even though, clearly, they were related. Both of the Matthew Clarksons who lived during the late 18th century quite probably were descendants of the Matthew Clarkson who was Secretary of the Province of New York 1695-1708. BIOGRAPHY: (4/17/33-10/5/1800) Elected to the Con- tinental Congress in 1785, Mr. Clarkson did not accompany the other Pennsylvania delegates to New York, and does not seem to have served in the Congress, although he accepted the responsibility of acting as a member of the Philadelphia Board of Aldermen in 1789, and Mayor of Philadelphia from 1792 to 1796. C.C. ISSUES SIGNED: 9,'26/78, 1/14/79 DOCUMENT SIGNATURE SOURCE: a letter dated 5/29/1781, asking David Rittenhouse to pay Thomas Nevill £200 for the repair of the Pennsylvania Statehouse. BIOGRAPHY: (1752-1794) Member of the Continental Congress in 1784 and 1785, Mr. Gardner was educated as a physician, but during the Revolution raised a com- pany of volunteers in 1776, and commanded the Fourth Battalion of Militia from Chester County, Pennsylvania. He was a member of the Supreme Executive Council of the State in 1789, and, following his term as a member of the Continental Congress, he returned to medicine in Philadelphia 1785-1792, thereafter moving to Elkton, Maryland, and continuing his medical practice until his death. SAMUEL MEREDITH C.C. ISSUES SIGNED: 5/10/75 DOCUMENT SIGNATURE SOURCE: a letter 4/12/91, in which Mr. Meredith asks the Court to achieve a settle- ment on a suit on land that he and his partners have purchased. BIOGRAPHY: (1741-2/10/1817) Member of Continental Congress in 1787 and 1788, Meredith had an extensive career as a military and civil servant in the early history of the United States. Initially a merchant, Samuel Signature on Currency tab Signature on Currency fiee--2- A ,v2) ) Paper Money Jonathan B. Smith Signature on Document Samuel Meredith Signature on Document PAGE 122 WHOLE NO. 63 Signature on Currency Meredith served in the Revolutionary War, successively as Major, Lieutenant-Colonel, and finally Brigadier General, winning the last appointment for "gallant service in the Battles of Brandywine and Germantown." He was twice a member of the Pennsylvania Colonial Assembly, a surveyor of the Port of Philadelphia, and the first United States Treasurer, serving from 9/11/1789 until 12/1/1801, following which he retired to his home in Wayne County, Pennsylvania. JONATHAN B. SMITH C.C. ISSUES SIGNED: 5/10/75, 11/29/75, 2/17/76, 5/9/76, 7/22/76 DOCUMENT SIGNATURE SOURCE: a letter 12/19/- 1777 to another military man; Mr. Smith tells of the arrival of arms from France, including 48 cannon, 19 mortars, etc. BIOGRAPHY: (2/21/1742-6/16/1812) Delegate to the Continental Congress in 1777 and 1778, Mr. Smith was part of the Philadelphia gentry. He enjoyed an English education, was graduated from Princeton College in 1760, and married Suzannah Bayard—thereafter adopting Bayard as his middle name. In addition to being a dele- gate to the Continental Congress, his public service consisted of the secretaryship of the Philadelphia Committee of Safety in 1775-77, Justice of the Court of Common Pleas in 1778, Philadelphia alderman 1792-94, and Auditor-General of Pennsylvania in 1794. He also was a significant figure in the field of education. One of the founders of the University of the State of Pennsylva- nia in 1779, Meredith served as trustee of the successor University of Pennsylvania following its formation in 1791 until his death in 1812. Signature on Currency JOHN WILLIAMS C.C. ISSUES SIGNED: 2/17/76, 9/26/78, 1/14/79 DOCUMENT SIGNATURE SOURCE: a letter, 12/3/75, from Boonsborough, to Joseph Martin, asking Governor Martin to approve to Colonel Hart's use of the Valley of Boonsborough for food. REASONS FOR MISIDENTIFICATION: John Williams, a North Carolinian, was a member of the Continental Congress, but Jonathan Williams, a nephew of Benjamin Franklin, conceivably also could have been a signer of Continental Currency. Jonathan Williams, however, went to France as secretary to Benjamin Franklin in 1770 and did not return to the United States until 1785. BIOGRAPHY: (3/14/1731-10/10/1799) Member of the Continental Congress 1778 and 1779, John Williams was born in Hanover County, Virginia, and at the age of 14 moved to Granville County, North Carolina with his parents. He was an attorney, one of the founders of the University of North Carolina at Chapel Hill, and a dele- gate to the Provincial Congress of North Carolina in 1775. Mr. Williams was a member of the State House of Commons in 1777 and 1778, and served as its Speaker. Following his service in the Continental Congress, he be- came Justice of the Supreme Court of North Carolina from 1779 until his death in the fall of 1799. WHOLE NO. 68 RAGE 128Paper Money John Williams James WilsonSignature on Document Signature on Currency Amanuensis C.C. Signature on Document C.C. ISSUES SIGNED: 4/11/78, 1/14/79 DOCUMENT SIGNATURE SOURCE: a letter 7/25/76, asking Congress to compensate Major Butler for his ser- vices in the Indian Department. REASONS FOR MISIDENTIFICATION: The signature of James Wilson has caused the greatest controversy among all of the autographs in the Continental Currency series. The Wilson signature not only is rare, but it is of special interest because he is the only signer of both the Declaration of Independence and the Constitution who also signed Continental Currency. The genuine James Wilson signatures on documents or currency have two very prominent characteristics. The letter "J" in James is written in a manner that closely approximates a script capital letter "I"; the top of the letter "J" is rounded; it does not come to a sharp peak, and the lower loop is almost nonexistent. The "W" in Wilson is angular, and the two downstrokes employed in eqtitlei . • ,:,1,,,,,.t•ix.:1- ,t•v;.he re- .„ in • - r;v117 SSS• . Y:■ri Signature on Currency JAMES WILSON Joseph Wilson C.C. Paper Money creating the base of the letter "W" come to sharp points; in addition, the final upstroke used to complete the letter "W" often is very long and swings over the "s" in Wilson. A final, but not necessarily conclusive characteristic, is that Mr. Wilson either signed his full name, James, or used the abbreviation, "Jas.", on all the Continental Cur- rency bills that the author has seen. It may be that James Wilson bills exist which carry only the initial "J", but none has come to the author's attention. Some 1/14/1779 Continental Currency has been signed by a Jas. Wilson, but, barring a better explanation, it appears that the prominent James Wilson permitted an amanuensis to sign some Continental Currency. The handwriting on the amanuensis bills is much more rounded and far less angular than any genuine signature. The signature "J. Wilson" also appears on 4/11/78 and 9/26/78 Continental Currency emissions. These bills were signed by Joseph Wilson, who was appointed by the Continental Congress on 8/14/78. The "J. Wilson" (Joseph Wilson) signatures are distinctive in that the top of the letter "J" comes to a peak, and the lower loop of the "J" is consistently quite large, and very often the two letters, "J" and "W", are formed without lifting the pen, thereby clearly distinguishing this signature from that of James Wilson. BIOGRAPHY: (9/14/1742-8/28/98) Member of the Con- tinental Congress 1775-1776, 1782-1783, and 1785-87, James Wilson emigrated to the United States from Scot- land in 1765, initially living in New York City. In 1766, he moved to Philadelphia, where he became a tutor at the College of Philadelphia. Following the study of law, he was admitted to the bar in 1767. Active in pre-Revolu- tionary movements, Mr. Wilson was elected Colonel of the Fourth Battalion of Associators in 1775, and becam' Advocate-General for France in America, guiding that country's earliest legal relationships with the United Colonies. He also was a Brigadier-General of the State Militia, a signer of the Declaration of Independence, and a delegate to the convention which devised the Federal Constitution. In addition, Wilson was responsible for outlining the first financial system of the United States in 1780, and was Associate Justice of the United States Supreme Court from 1789 to 1798. An extraordinarily capable attorney, he also enjoyed the distinction of be- coming the first professor of law in the University of Pennsylvania in 1791. Continental Currency Signers Who Were Improperly Identified as Members JOHN HOWARD C.C. ISSUES SIGNED: 2/17/76, 5/9/76, 7/22/76, 4/11/78 DOCUMENT SIGNATURE SOURCE: a social letter 4/22/85 to General Gates. REASONS FOR MISIDENTIFICATION: General John Eager Howard, a Marylander, was a distinguished soldier and civil servant, participating in the battles of Brandy- wine, White Plains, Germantown, etc. He also was the Governor of Maryland from 1789 until 1792, and a U.S. Senator, 1796-1803. The signature comparison illustrated here clearly shows that the John Howard who signed Continental Currency was not General John Eager Howard. The distinguishing features of the autograph of the Continental Currency signer are the boxlike loops employed to start both the letters "J" and "H", and an additional, very distinctive characteristic is that the final "d" of Howard always has the upper loop ending in an horizontal flourish rather than descending vertically. The Continental Currency signer John Howard at times affixed his signature as "J. John Howard Signature on Document Signature on Currency Howard," and in a number of instances his signature appears to be much more vertical than the example illustrated, but all of the "J. Howard" or "John Howard" signatures are variations written by the same man at different times. J. KEAN C.C. ISSUES SIGNED: 5/20/77 DOCUMENT SIGNATURE SOURCE: a request 3/29/- 1787, in which Mr. Kean, in his role as Commissioner of the Treasury of the State of South Carolina, asks Mr. Peter Bocquet to pay Alexander Chisholm. REASONS FOR MISIDENTIFICATION: John Kean, a South Carolinian, was a member of the Continental Con- gress in 1785-87, and was appointed by President Wash- ington to become Cashier of the Bank of the United States in Philadelphia. He remained at the Bank from the date of its organization until his death on 5/4/1795. The two illustrated signatures show very clear distinctions. John Kean, the Cashier, formed the first letter of his surname in a very conventional way. Although elaborate, the left side of the letter "K" was formed by two flourishes and a downstroke, and the right side of the letter "K" was formed with a single stroke descending downward, looping, and then continuing down- ward to complete the letter. By contrast, J. Kean (and we do not know his first name) formed the "J" and all of the left side plus the top of the right side of the letter "K" with a single stroke of the pen. He completed the PAGE 1 24 WHOLE NO. 63 Signature on DocumentJ. Kean Thomas Smith Signature on Document dir Signature on CurrencySignature on Currency Paper MoneyWHOLE NO. 63 PAGE 125 letter "K" by placing his pen at the center of the preced- ing upstroke and swinging downward to complete the right lower leg of the "K"; then he simply continued the re- mainder of his signature without lifting his pen. THOMAS SMITH C.C. ISSUES SIGNED: 12/11/75, 3/9/76 DOCUMENT SIGNATURE SOURCE: Congressman Smith's acknowledgement that he has received his pay from Congress as of 2/7/1782. REASONS FOR MISIDENTIFICATION: There were at least two Thomas Smiths in Philadelphia during the Revolutionary period. Thomas Smith, the Continental Currency signer, never was a member of the Continental Congress, but he did play an active role in the financial aspects of the Revolutionary period. He was Commissioner of the Loan Office of the Continental Congress for the Colony of Pennsylvania; he countersigned many of the loan certificates signed by Francis Hopkinson as Treasurer of Loans for the United States, and he also countersigned a number of the Pennsylvania David Rittenhouse notes of the early 1780s. The Historical Society of Pennsylvania also has been able to determine that this Thomas Smith was a brother of Jonathan Bayard Smith. Thomas Smith, the member of Continental Congress from 1780-82, was an emigree to the United States from Cruden, Scotland. An attorney, he held both military and civil posts from 1773 until his death in 1809. The Thomas Smith signatures show marked differences. "Thomas", the member of the Continental Congress, formed the initial "T" of his first name quite angularly, and did not show an almost "J"-like script lower loop, as did "Commissioner" Thomas Smith. By contrast, Con- gressional member Thomas Smith began the letter "S" in his surname in a conventional slanting upward stroke to form the first loop of the "S"; while "Commissioner" Smith either allowed his pen to flow immediately into the formation of the letter "S" if he had employed the initial "T" rather than his full name in writing his signature, or, alternatively, he formed a relatively small top loop to the "S" in Smith, creating almost an "L"-like initial configuration. In addition, "Commissioner" Thomas Smith rarely crossed his "t"s, while Congressional mem- ber Smith customarily did so. LTHOUGH extensive research has been undertaken to assemble the data and reach the conclusions that have been set forth in this article, it is pos- sible that it is incomplete. No numismatist or historian as yet can be certain that all of the signers of Continental Currency have been found and identified. On April 21, 1777, upon the imminent departure of the Continental Congress from Philadelphia, Michael Hillegas, the then- Treasurer of the United States, was given the authority to appoint and certify signers of Continental Currency. Congress did not again act to appoint currency signers until August 8, 1778, after its return to Philadelphia. In the interim, Mr. Hillegas apparently appointed at least 58 men to sign currency, but the Hillegas records have been lost and no one has a definitive list of these signers. It is possible, although only remotely so, that Mr. Hillegas t(7 .. /oil ' r SU 6% ? Co. printers, Stationers Zcfrtlingrapliers, ram. OORNC2 Paper Money WHOLE NO. 63PAGE 126 gave the power to one or more members of the Continen- tal Congress to sign Continental Currency, and some time in the future, a collector may find a previously undis- covered signature of a member of Continental Congress on Continental Currency. ACKNOWLEDGMENTS: Although this essay is original, having been developed from primary sources, the author gratefully acknowledges his indebtedness to Mr. Harley L. Freeman for a portion of Mr. Freeman's research materials and to Mr. Eric Newman, whose Early Paper Money of America and other numismatic writings relating to the Colonial period have made possible the detailed study contained herein. Biographical vignettes were obtained from The Bio- graphical Directory of the American Congress, United States Printing Office, 1971; and Appleton's Cyclopaedia of American Biography, D. Appleton and Company, New York, 1887. Check Sample of Famous Stationer The George F. Nesbitt & Co. firm of stationers is well known to philatelists as the printers of the first U. S. stamped envelopes (1853-70). Nesbitt was an aggressive businessman and even presumed to put his own seal on the flaps of the government envelopes until ordered to stop doing so. Recently an attractive check-like adver- tising flyer dated Nov. 20, 1857 surfaced and is illustrated here. The printing is in red. The paper is red; the background portrait (Franklin?) is in pale green, as are the lines radiating out from it. WANTED U. S. COLONIAL CURRENCY & DOCUMENTS Of The Era Of • LAND GRANTS • TREATIES • LOTTERY TICKETS • BONDS • SOLDIERS' PAY SCRIP • BROADSIDES Inquiries or want lists are respectfully solicited. We Are The COLLECTORS' DEALER. J. J. TEAPARTY 43 BROMFIELD ST. BOSTON, MA 02108 Tel. 617-542-0023 428-3298 Member: ANA SPMC PNC A. KOSOFF, Inc. Telephone: 714-327-0158 P.O. BOX 4009, PALM SPRINGS, CALIF. 92262 SINCE 1929 ItCGI PiOrESSIONk KIMISMR11511 GUILD • IP" LM #B1 Large Size U. S. Currency Fractional Currency Sonnie Kliman DEMAND NOTES-1861 $ 5.00 F-2 F-VF $850.00 5.00 F-3 Good 475.00 $ 10.00 F-6 Very good 725.00 10.00 F-7 Fine $750.00. VG-F 575.00 LEGAL TENDER NOTES $ 1.00 F-19 New, slight soil 200.00 VF $85.00. VG 35.00 1.00 F-36 CU, 4 consec. @ 42.50. AU 27.50 1.00 F-40 New $90.00. F-VF 27.50 $ 2.00 F-41 Abt XF 175.00. VF 150.00 2.00 F-43 XF 300.00. F-VF 150.00 2.00 F-60 New, 4 consec. @ 45.00. AU 30.00 VF $25.00. VG 10.00 $ 5.00 F-67 AU 150.00. Abt AU 125.00 5.00 F-88 New 70.00. VF 20.00 5.00 F-91 New 50.00. AU 40.00 XF, one slightly soiled, another folded but nice @ 30.00. VF 17.50 $ 10.00 F-110 Crisp VF-small repair 75.00 10.00 F-118 XI' 180.00 10.00 F-123 XF. Rare Jackson Note 525.00 $ 20.00 F-128 XF. Very nice note 550.00 20.00 F-147 F-VF Popular note 80.00 $ 50.00 F-150 VG-F Repaired 700.00 50.00 F-164 Crisp AU, old center fold, nice 750.00 COMPOUND INTEREST TREASURY NOTES $ 20.00 F-191 VF 2800.00 SILVER CERTIFICATES $ 1.00 F-224 New. Popular Educational Series 325.00 AU crisp, very small stain 210.00 XF crisp, folded, stains but nice 160.00 1.00 F-237 New, curls $32.00. AU crisp 20.00 XF 17.50. VF 14.00 $ 2.00 F-247 CU. Small corner tear 800.00 New, slight curl clip 700.00 2.00 F-248 Another Popular Educational Series Note XF 350.00 VG $250.00. Good 100.00 $ 5.00 F-282 AU 260.00. VF 155.00 $ 10.09 F-294 Abt XF 275.00 $ 20.00 F-318 Abt VF 160.00 TREASURY NOTES $ 1.00 F-347 1890 VF 200.00 2.00 F-353 1890 Good, Rare 100.00 2.00 F-358 Abt Uncirculated 275.00 NATIONAL BANK NOTES $ 5.00 F-602 Blue Seal N.B. of Chic. #4605 XF 150.00 $ 10.00 F-616 Mechanics & Metals N.B. of N.Y. City. New #1250 275.00 $ 20.00 F-658a Series of 1902 seal and without "1902-1908" on back. 3rd Issue. The Bank of America Nat'l Assoc. N.Y. One of the last charters #13193. First note. (#1 at lower left & upper right) Fine $950.00 GOLD CERTIFICATES $ 10.00 F-1187 1922 New $225..00. XF-AU 155.00 VF 90.00. Fine 50.00 $ 50.00 F-1200 AU 385.00. VF 175.00. G 80.00 $100.00 F-1209 1882 XF-AU 525.00 VF 450.00. VG 175.00 California Residents add 6% Sales Tax. All items subject to prior sale and change of price without further notice. •:":":":••:":":":.•:":.•:.•:.•:••:••:••:••:•°:•*:":":.••:":":":":":":•<":••:":":":.•:":.•:••:.•:••:. 1 FREE ON REQUEST X.:. COMPLETE PAPER MONEY LIST X X : <-:-:»:-:-:-:-.:4-:•-:»:•-•:-:-:-:-:••:-..:••:-.:-:-:••:-:»:•-•:••:-:-:-:-:-:-:-.:-.:-.:••:-:-:••:- 3c NOTES-3rd Issue F-1226 New Block of 4. Folded between notes. Clean and crisp $150.00 VF Vertical Strip of 3 40.00 F-1226 New $30.00 AU $25.00 XF 20.00 VF $12.50 F 6.50 VG 5.00 G 4.00 5c NOTES-1st Issue F-1228 New. Top & left imperf. Scarce 90.00 New $55.00 AU 42.50 F-1230 New 20.00 AU 17.50 XF 12.50 VF $10.00. F. 8.00. VG 6.00 Poor 4.00 F-1232 VF-XF ERROR. Block of 4. Gutter on Rev. due to fold while printed. Folded between notes 70.00 XF Vertical pair. Crisp, folded betw. notes 35.00 CU 35.00. AU 25.00 XF 17.50 VF 12.00 5c NOTES-3rd Issue F-1236 New. Rare as a Pair, Vertical 120.00 New $55.00 New, ink smudges from Rev. 52.50 F-1238 New 30.00 AU 25.00 XF 20.00 VF 15.90 Fine 6.00 Good 4.00 Poor 3.00 10c NOTES-1st Issue F- 241 New $47.50 AU 32.50 F-1242 New 30.00 AU 22.50 XF $15.00 VF $8.00 F 6.00 10c NOTES-2nd Issue F-1244 New ...25.00 AU 17.50 VF-XF ....12.50 VF 10.00 F-1246 ERROR Bronze 10 and surcharge inverted. RARE 150.00 10c NOTES-3rd Issue F-1253 New. Rare note 57.50 XF Lower left corner off, slight curls 40.00 F-1255 New 25.00 AU 20.00 XF 15.00 VF 12.50 F 7.50 VG 4.00 10c NOTES-4th Issue F- 57 New 25.00 AU 15.00 XF 12.00 VF 9.00 F 6.00 G 4.00 10c NOTES-5th Issue F-1266 New 25.00 XF 15.00 VF-XF 12.50 VF 10.00 F 6.00 VG 5.00 15c NOTES-4th Issue F- 67 New 50.00 VF 22.50 Fine 12.60 F-1271 XF Nice note 30.00 25c NOTES-1st Issue F-1279 New. Scarce 80.00 F-1281 New 50.00 XF 35.00 AXF 32.50 VF 25.00 Fine 20.00 25c NOTES-2nd Issue F-1283 New $28.00 AU 22.00 VF 17.50 F-1286 New 32.50 XF 22.50 VF 17.50 25c NOTES-3rd Issue F-1294 New 32.50 AU 25.00 XF 20.00 Abt XF 17.50 VF 12.50 F-1298 New 57.50 F-1299 New. Very Rare 700.00 XF. Old center fold 550.00 VF+ 450..00 50c NOTES F-1312 1st Issue. New 55.00. AU 40.00 XF 55.00. VF 22.50 F-1322 2nd Issue AU, sm hole ....62.50 XF ....50.00 VF 40.00 F-1328 3rd Issue New 57.50 AU 50.00 XF 45.00 VF 35.00 F-1344 3rd Issue AU, Scarce 135.00 WIDE SELECTION OF SPECIMENS UNCUT SHEETS **:* FREE ON REQUEST COMPLETE FRACTIONAL CURRENCY LIST •!. PAGE 128 Paper Money WHOLE NO. 63 Reproduction of the original Lewis painting of the Treaty of Prairie du Chien The First Bank in Wisconsin and Its Use of the Treaty of Prairie du Chien on Its Notes By CHARLES KEMP The Bank and Its Notes WHEN the first bank in Wisconsin was authorized,it was the legislature of Michigan Territory that issued the charter. At that time, 1835, the area now known as Wisconsin existed only as a part of Michigan Territory and it was not until 1836, when Michigan was admitted to the Union as a state, that Wisconsin achieved separate territorial status. Although the bank was chartered prior to this, it was called The Bank of Wisconsin and was located at Astor. This was a "town" platted by John Jacob Astor and its lots were owned mainly by speculators. The adjacent town of Navarino was referred to, with Astor, as Green Bay. Eventually the two grew into the city of that name. Soon two other banks joined the struggle of banking on the frontier. The difficulties quickly proved too much and by 1837, all three had ceased specie payments. The Bank of Wisconsin, in fact, did very little business; as in January 1837, it reported that although its capital had been paid up in 1835, it had not commenced business as of late November 1836. So in 1837. there was much concern over the bank's condition and the legislature appointed a committee to look into the matter. Evidently they did not take a very hard look, as they reported the bank to be sound and solvent. This was obviously over-optimistic, and within a few months the bank's notes were quoted at 50%, even lower than some of the notorious Michigan wild- cats! The bank continued on until late 1838, at which time its notes reached a low of 30c on a dollar. At this point, the cashier dispatched a letter to the legislative committee in an attempt to explain the bank's failure to resume specie payment. The reasons he listed undoubtedly plagued many a western banker of the time; the overall financial condition of the country in 1837, of course, contributed, but poor agricultural conditions around Green Bay and the resulting lack of exports was also a factor. The inability of the bank's debtors to pay was also coupled with "stay" laws giving them immunity under the adverse conditions then present. In January 1839. the legislative committee decided to take another look at the bank's books and to be a bit more careful in its conclusions. The bank was rumored to have $300,000 of its notes in circulation and only $20,000 in capital. An investigation, however, showed that it was not so bad off; paid-in capital was found to be $39,125; specie on hand $29,242, versus a circulation of $196,279. This amount, however, exceeded the limits Paper Money PAGE 129WHOLE NO. 63 $10 Bank of Wisconsin note with Treaty of Prairie du Chien vignette at upper left set forth in the charter, which allowed a circulation of only three times the amount of capital paid in over and above specie on hand. In March 1839, the attorney general was ordered to start closing proceedings and soon Wisconsin's first bank was extinct. Besides unredeemed notes, there were sup- posed to be $198,000 in unissued notes left behind. Most of these must have been destroyed, as they are not com- mon today. The Treaty HE 5, 10, and 20 dollar notes all had the same central vignette, which was a most appropriate scene for a Wisconsin bank. Adapted from a painting by James Lewis, it represents the signing of the Treaty of Prairie du Chien. Prairie du Chien I along the Mississippi River in the southwest part of the state) was also one of the first settlements in Wisconsin. In 1825, 1829 and 1830, Indian treaties were signed there, the most important of which was that of 1825, and this is the one on which the bank note vignette was based. Beginning on August 5, 1825, and lasting for 14 days, the event drew the chiefs of the seven major tribes in the area and thousands of other Indians who pitched their wigwams in every available space. Many of these tribes, such as the Sioux and Chippewa, were in a continual state of war, and the object of the treaty was to establish peaceful territorial boundaries between them. Representing the United States at Prairie du Chien were Governor Lewis Cass of Michigan and General William Clark of Missouri. Cass was a very successful treaty-maker as well as a highly respected statesman. Clark, of course, was famous for his part in the Lewis and Clark expedition. In 1825, he was superintendent of Indian affairs at St. Louis. Through the efforts of these men, the treaty was successfully concluded and the Indians agreed to live in peace—at least until the next time they went on the warpath! The Artist LTHOUGH the ensuing peace may not have been a lasting success, this was a major treaty and for that reason, James Otto Lewis was present. Be- tween the years 1823 and 1834. Lewis was employed by the federal government to paint Indian portraits, and so it was in this official capacity that he painted the Treaty of Prairie du Chien. Lewis was born in 1799 at Philadelphia and by the age of 16, he had found employment as an engraver. Further information on his life is sketchy. However, it is known that he made his way west and also followed the engraver's trade at St. Louis. Later he settled in Detroit, doing portraits and also some copperplate printing. When Lewis died at New York City in 1858, he had painted more than 85 Indian portraits; many of these were published in 1835 in "The North American Aboriginal Portfolio." This collection is available in the Burton Historical Room of the Detroit Library. How- ever, none can be identified as having appeared in bank notes. References: Buley, R. C.—The Old Northwest, Vol. 2. Gregory, John G. (Editor)—A History of Old Crawford County, Vol. 1. Knox, John Jay—A History of Banking in the United States. Who Was Who In America, Historical Volume 1607-1896 (Marquis Publishers). Wisconsin, A Guide to the Badger State, Federal Writers Project. r111,111) iiitr .1 —I . . 3 C,DDID 411, 011 Drmanty ox &. ELDRIDCE BROTHERS, 1 EM'' ILIE BROTHERS SALIVISLA../a. Arg TIVOAVS\S annatek 41,-, 4 ELDRIDCE BROTHERS, 1rk5A, uv Tiet) Paper MoneyPAGE 130 KANSAS Obsolete Merchant Scrip of the Eldridge Brothers By S. K. WHITFIELD $1.00 note payable "in gold" issued by the Eldridge Brothers during the territorial period in Kansas. The stagecoach vignette probably refers to the Eldridge stagecoach line. (Whitfield Collection) The design for the 25c, 50c, $2.00, and $3.00 notes varied slightly from the $1.00 design in the vignette at left. (Kansas State Historical Society Collection) WHOLE NO. 63 THE FOUR Eldridge brothers, Shalor W., Edwin S.,Thomas B., and James M., emigrated west in 1855 to manage the hotels of the New England Emigrant Aid Society at Kansas City, Missouri and Lawrence, Kansas.* At that time Kansas and particularly the area around Lawrence was the scene of a bitter struggle over the slavery question. Hatred and vengeance were the order of the day and just then, the pro-slavery faction based at Lecompton had the "law" on their side. Shalor Eldridge would later become associated with the organiza- tion of the Lawrence Bank. Thomas established a bank at Coffeyville, Kansas which failed in September, 1877. Thomas was also involved with the chartered Bank of Wyandott, which never opened. The hotel at Lawrence, an imposing stone structure in an otherwise drab village, was completed and fur- nished by May, 1856 but the grand opening was in jeopardy. The pro-slavery grand jury at Lecompton had indicted the new Free State Hotel and the two newspapers at Lawrence as dangerous nuisances. With- out waiting for a trial of the indictment, on May 21, 1856 the pro-slavery Kansas militia, mostly raised in Missouri, led by Douglas County Sheriff Samuel J. Jones, a postmaster from Missouri, rode into Lawrence and destroyed the hotel. They fired cannons at its stone walls, tried to blow it up with gunpowder, and finally settled for burning it down. One version has it that former U. S. Senator David R. Atchison from Missouri Paper MoneyWHOLE NO. 63 PAGE 1 3 1 The Eldridge House as it appeared in 1863, shortly before Quantrill's raid on Lawrence. This sketch of the ruins of Lawrence after Quantrill's raid appeared in "Harper's Weekly Magazine" in 1863. The Eldridge House is at the right. personally aimed the first cannon shot, but the free use made of the hotel's liquor cellar had apparently dimmed his vision since the shot completely missed the three- story hotel from a distance of about 75 feet. The news- papers were destroyed and the town was sacked. The population had offered no resistance since the "Militia" had come to Lawrence under a Federal Marshal to arrest some of the Free State leaders, also indicted by the grand jury. Once the arrests were made, the Marshal, instead of dispersing the men as promised, turned them over to Sheriff Jones. The Sheriff had a personal grudge against the town, as he had been bested on several previous occasions by the citizens of Lawrence and once had been wounded by an unsuccessful assassin at Lawrence. Jones now had his chance for revenge and he took advantage of it. It was a short-lived victory for the pro-slavery forces however, as the widespread publicity of the sack of the defenseless town did much to revive the then-declining support for the Free State cause. Money and settlers from the north began pouring into the territory. The Eldridge House, as it appeared in 1898. Opened in 1865, this building was torn down in 1924 and replaced with the present-day Eldridge House. WHOLE NO. 6Paper MoneyPAGE 132 Shalor Eldridge was determined to rebuild the hotel, so he set about raising the necessary capital. It took awhile but finally a new hotel, bigger and more luxurious than the former, was erected at the same spot and opened to the public on Jan. 1, 1859. The new hotel was called the Eldridge House. Meanwhile, brother Edwin had bought an interest in the Morrow House of Robert Morrow at Lawrence, and the brothers had started a stagecoach line in eastern Kansas. Sometime in 1858, the Eldridge Brothers had an issue of scrip printed by the Herald of Freedom Print, a news- paper at Lawrence. The notes are unusual in that they are the only known obsolete currency issued in Kansas that specifically state "redeemable in gold." They are also the only known issue of merchant scrip made during the territorial period in Kansas. It appears that the $1.00 notes were printed first, as they have no maker's imprint, whereas the 250, 500, $2.00 and $3.00 notes have "Herald of Freedom Print" on them. The $1.00 note also has a slightly different design than the other denominations, which are all identical. The notes are very rare, with a total of seven known to the writer. The Kansas State Historical Society has a complete set, probably acquired when the papers of the Herald of Freedom Print were donated to the Society. The writer has a 50¢ and a $1.00 note which turned up in some old papers at Lawrence in 1973. The issue may have been a result of the financial crisis of 1857, which had further aggravated an existing specie shortage in Kansas. It is also possible that the notes were issued to raise money for furnishing the new hotel being constructed. Shalor Eldridge was also one of the original organizers of the Lawrence Bank, which had some problems getting into operation, and he may have issued these notes as a substitute interim currency. There are no known signed copies of these notes, which Shalor Eldridge is to be expected since they were redeemable and the firm was sound. The hotel was completely destroyed a second time on August 21, 1863, when William Clarke Quantrill's raid- ers burned the town and killed more than 150 citizens. The Eldridges again decided to rebuild, and the third Eldridge House, erected at the same location as the for- I I \ lif:(111.r Edwin Eldridge Paper Money mer, was opened for business in December, 1865. The new hotel was not so lavish as its predecessor because of the large financial loss. The state eventually paid Shalor Eldridge $1,500 against his $60,000 loss claim. The Eldridges built other hotels at Atchison, Coffey- ville and Kansas City, Kansas. Shalor lost his money in the depression of the 1870's, did some gold prospec- ting in Arkansas, and finally lived out his remaining years in Lawrence. He died in 1899. The 1865 Eldridge House was torn down in 1924 and replaced by the present hotel. This hotel is still known as the Eldridge House, an important name in the pioneer history of Kansas. References; 1. Recollections of Early Days in Kansas; Shalor W. Eldridge, Vol. II of Publications of The Kansas State Historical Society 1920 2. History of Kansas; Cutler, Andreas, Chicago 1883 3. Collections of the Kansas State Historical Society Spinner Signatures Sold Included in the Wm. P. Donlon mail bid sale of Nov. 26, 1975 were ten letters and covers related to Francis E. Spinner, first Treasurer of the U. S., and he of the unique signature. (See Brent Hughes' article on Spinner and his signature in PAPER MONEY No. 59) The following descriptions and prices realized are taken from the vendor's catalog: SPINNER'S LONGHAND LETTER on stampless cover ad- dressed to R. E. Pomeroy, Esq., Mohawk, N.Y., and pertain- ing to "a package containing the balance of the notes," Dated August 27, 1848, at New York, during Spinner's term as U.S. Treasurer $ 70.00 SPINNER LONGHAND LETTER apparently delivered by mes- senger to R. E. Pomeroy, Esq. and stating that he (Spinner) had just finished signing "circulating notes as follows." The communication lists $7200 in notes. Dated at New York, Dec. 25, 1846 35.00 STAMPLESS COVER with Spinner's longhand letter and state- ment to Pomeroy pertaining to Mohawk Valley Bank matters and stating "I have forwarded you by messenger of Plate 11,800 impressions from No. 2536 to 3335 both inclusive, $1600." Evidently pertaining to $2.00 notes. Dated, New York, Nov. 13, 1848 40.00 STAMPLESS COVER addressed to F. E. Spinner, Cashier of the Mohawk Valley Bank. Dated Bank of Central N.Y., Utica, Oct. 28, 1841, pertaining to enclosure for collection Apparently delivered by messenger 18.00 FRANKED ENVELOPE by F. E. Spinner, Treasurer, U.S , postmarked "FREE" Aug. 13, 1869 at Washington, and con- taining Order to transfer $15,000 to Adams Express Co. Ad- dressed to First National Bank at Cooperstown, N.Y. 55.00 ENVELOPE ("Treasury of the United States" franked by F. E. Spinner, addressed to First National Bank, Cooperstown. Also F. E. Spinner's memo on a card requesting bonds be purchased. Card is contained in the envelope but is not believed to be the original contents. Card is dated Dec. 29, 1873. Envelope postmark not legible 40.00 SPINNER LONGHAND LETTER addressed to The Board of Directors of the Mohawk Valley Bank: "Gentlemen: On my coming here in August 1845, it was arranged that Mr. Noyes as Teller should receive a salary of $400. and Mr. Pomeroy as Bookkeeper a salary of $350." The letter continues to state that while Mr. Noyes' salary had been increased $100, Mr. Pomeroy had an increase of only $50. Mr. Spinner considered this an injustice. Interesting letter delivered by messenger 70.00 FRANCIS E. SPINNER, Sheriff. Two longhand communica- tions addressed to Spinner, Sheriff of Herkimer County, N.Y. One is a stampless cover, dated 13th January, 1836. The other a longhand two-page document delivered to the Sheriff in- structing him to levy on property of one John J. Welcome to collect $97.48. Two items 35.00 FIVE SPINNER ITEMS. Draft by the Mohawk Valley Bank to the American Exchange Bank, N.Y. dated May 19, 1854, signed by Spinner. Also personal check of Spinner's signed by him, a check of John P. Spinner, both dated 1839. An- other check in Spinner's handwriting signed "Cashier Ac- count," and a small card with F. E. Spinner's autograph Lot of 5 pieces 105.00 INVITATION TO COLONEL F. E. SPINNER to attend the Washington Ball to be held Feb. 22, 1832 at F. Tibbit's Hotel in the Village of Rome. Dinner tickets $3.00 "per couple"! "The Utica Band will volunteer its aid in the Celebration." A second blank invitation is included. The invitation to Spinner was apparently delivered by messenger. Two letters to Spin- ner are included, one pertains to counterfeit notes. Lot of 4 pieces 40.00 OBSOLETE NORTH CAROLINA PAPER MONEY • WANTED I need North Carolina colonial and continental notes and obsolete North Carolina bank notes. I have many North Carolina duplicates that I will trade for North Carolina items that I need. Please write for my detailed want list. e CHARLES F. BLANCHARD P. 0, DRAWER 30, RALEIGH, N. C. 27602 WHOLE NO. 63 PAGE 133 PAGE 134 WHOLE NO. 63Paper Money Basic Plate and Overprint Varieties on the First and Second Charter National Bank Notes By PETER HU NTOON $5 Series of 1875 National Bank Notes showing some basic features. A SIDE from the infinite variety of engraved layoutsused to print the bank titles on First and Second Charter notes, several different basic plate and overprint varieties evolved. Of most interest are the $5 denominations which offer a cornucopia of varieties not found on the other denominations of the respective se- ries. It seems that the fives served as the experimental proving grounds for many ideas generated by the Bu- reau of Engraving and Printing as the designs for the First and Second Charter periods matured. First Charter Notes The Act of February 25, 1863 authorized the issuance of National Bank Notes in denominations of $5, $10, $20, $50, $100, $500 and $1000 denominations. The $1 and $2 denominations were added to this list by the Act of June 3, 1864. The designs for these notes were engraved by private bank note companies as shown in Table 1. An imprint containing the manufacturer's name appears in the lower border of each note. The bank note com- panies also contracted with the Treasury to print the notes from the finished plates except for the Treasury seal and Treasury serial, which were affixed at the Trea- sury. It is interesting to point out that engravings by different bank note companies were incorporated on a single printing plate such as the 1-1-1-2 plate combination which utilized American Bank Note Company $1's and the National Bank Note Company $2. The Act of March 3, 1875 called for the Secretary c -c the Treasury to oversee the printing of National Bank Notes on the same distinctive paper then used for United States Notes. Simultaneously in 1875, the Bu- reau of Engraving and Printing assumed the responsi- bility for printing the faces of all the National Bank Notes. The backs continued to be printed by the private companies until as late as 1877. The departure in cus- toms initiated in 1875 appears to have been a call for a new series designation. The Bureau of Engraving and Printing had definitely enjoyed a coup in having at least the face printing assigned to them, and they indicated their pleasure by adding an imprint with the words "Printed at the Bureau of Engraving and Printing, Trea- sury Department" on all of the face plates used to print Series of 1875 notes as shown in Table 2. - itleif:ONAL g R ,„ ion s or ,R...:19- (1)EPosiri."h • -41 ,„ISOUte ,41,2fir "-"R.ot AttlIn" 0,!ire.Wat. /". COM • •P' ) imprint tYi2tije'--- 4,X;p3a, •1 „, 0101.4.k.' VitREfirevi - • . s s(JITK /s Slx-r11/5:/;,1) /10,VDS •fry!.1 • e es•Lve At First Charter Five with shifted lines in the obligation. Paper Money PAGE 135WHOLE NO. 63 The Bureau imprints, addition of "Series of 1875," and a change in the Treasury seal from the spiked to the scalloped variety are the primary differences between the Original Series and Series of 1875 notes. Authorization Date Varieties on $5 First Charter Notes The $5's are the only denomination in the National Bank Note series with an authorization date printed on the note. This appears in two places: on the face in the center of the lower border and in the counterfeit clause in the lower right corner of the reverse. As expected, and shown to me by Harry Corrigan, the $5 plates pro- duced before the Act of June 3, 1864 bear the date February 25, 1863. This early date can be found on many $5 notes from the first 400 or so banks chartered. Numerous varieties resulted. Face plates dated 1863 were used through the entire First Charter period, so they can be found with Series of 1875 overprints. More interesting is the matching and mismatching of back plates. For example, it is not difficult to find notes printed after 1864 from 1863 face plates that are matched with 1864 back plates. To date, I am unaware of 1863 back plates matched with 1864 face plates but the possi- bility is excellent that such "mules" could exist because it was policy to use obsolete plates until they wore out. I would suspect, however, that no 1863 back plates sur- vived long enough to be used to print Series of 1875 notes. Obligation Variety on $5 First Charter Notes Louis Van Belkum pointed out a variety in the obliga- tion on some early $5 plates. The words "This note is secured by bonds of" are noticeably shifted toward the left on some plates. In the normal case, the T in "This" occurs about midway beneath the first N and A of "National," whereas in the shift variety the T ap- pears to the left of the first N of "National." Van Belkum found data supporting the use of these odd plates on the banks listed in Table 3. As far as I can deter- mine, all of these plates bear the authorization date of February 25, 1863. I have no information that sug- gests that the use of the plates was discontinued before 1864, so the variety may be matched with 1864 back plates or even Series of 1875 overprints. Overprinted and Engraved Charter Number Varieties The Act of June 20, 1874 required the charter num- ber to be overprinted on National Bank Notes as a sorting aid. Parshall (1975) has found ample evidence that charter numbers were sporadically overprinted on Nationals printed as early as 1865. The reader is re- ferred to his article for documentation and additional details. As a result of the Act of June 20, 1874, all Series of 1875 notes bear charter numbers. The most interesting and well-known charter number varieties are the black charter numbers that were en- graved on a few $5 First Charter plates. The known banks with this variety are listed in Table 4 and these data are from Donlon (1975). The engraved black charter number variety has been found on both Original Series and Series of 1875 fives. Because the variety exists on the late Original Series notes, it is probably safe to conclude that the charter numbers were engraved on the plates for the issuing banks at the time the plates were prepared, rather than having been added to the plates at some later date. Serial Numbering Varieties The numerous serial number varieties including blue bank serials and bank serials with various prefix letters are treated thoroughly by Dillistin (1956). Consequent- ly that data will not be reiterated here and you are referred to his book for the details. Second Charter Notes The Second Charter period began in 1882 as a result of the Act of July 12, 1882 and brought with it a dis- continuance of the $1, $2, $500 and $1000 denomina- tions. Also, the face of the $5 was totally redesigned with Garfield's portrait as a memorial because of his assassination. The Second Charter period witnessed three major varieties—the well-known Brown Backs, Date Backs, and Value Backs. As these major varieties evolved, there were changes in the obligation engraved on the face plate and geographic letters were introduced as part of the overprint to facilitate sorting. These changes led to several combinations of the plate and overprint varieties. All of these varieties are treated in detail by Huntoon (1973) and the reader is referred to that work for details. Our concern here will be the evolution of plate va- rieties and seal placements prior to 1908 when the Date Backs were introduced. These varieties have not been comprehensively documented previously. Brown Back $10, $20, $50 and $100 Plate Varieties The basic face designs used for the $10, $20, $50, and $100 notes were carried over to the Series of 1882 Brown Backs from the First Charter period. The primary dif- ference in the plates was that the charter number of the bank was engraved in several places around the borders on Second Charter plates. Early in the transi- tion from the First to the Second Charter period, many First Charter plates were simply modified by having the charter numbers superimposed on the border design. These plates are easily distinguished because (1) they carry the private bank note company imprints in the lower border under the bank title, and (2) they carry $10 Brown Back face plate prepared by the Bureau. 1116)4 AtA he tt_4.4.tralurrr tlaU Fall River 4,„t e,,,,tvell.rn roe, Ai 4,111 tI(f AtitECA*-11.15111i CYNlir.") Paper Money WHOLE NO. 63PAGE 136 the "Printed at the Bureau of Engraving and Printing, Treasury Department" imprints listed in Table 2. Later when the Bureau of Engraving and Printing began production of face plates, the Bureau imprint was incorporated into the lower border. I have never seen "converted" private bank note company faces on 1882 Date or Value backs so I assume that they were gradu- ally replaced by the more modern Bureau faces and were totally phased out by 1908. "Converted" First Charter $20 plate used for Brown Back Printings. Brown Back $5 Varieties As with the $5 First Charter Notes, the $5 Brown Backs offer a number of very interesting variants. The earli- est $5 Brown Back plates are characterized by (1) plate letters that appear conspicuously away from the border designs, (2) a Bureau imprint in the upper right corner, and (3) Treasury signatures arranged one on top of the other to the left of the bank title. The plate letters on these notes were located respectively between the charter number and large 5 in the upper right corner, and to the right of Garfield's portrait. For some reason these early plates lost favor and were systematically replaced by the third variety de- scribed below. Many banks issued both varieties and when the new plates were made, the layout of the bank title was often radically altered. I know of no case where the early plates survived for use in 1882 Date or Value Back printings. The third type of face plate is characterized by (1) plate letters that are inconspicuously placed close to the right and left borders, (2) Bureau imprint engraved in the lower margin under the bank title, and (3) a hori- zontal arrangement of the Treasury signatures side-by- side across the top of the note. This is the most com- mon variety. Aside from alterations in the obligation that occurred with the beginning of the Date Back print- ings in 1908, these plates were the ones used to print the Date and Value Back notes. The second $5 Brown Back face variety is a transition design. It is similar to the third variety in that the Treasury signatures appear side-by-side across the top of the face and the plate letters are moved close to the right and left borders. However, the Bureau imprint remains in the upper right corner to the right of the Treasury serial number as on the first type. This variety is definitely scarce and I doubt that it was in use for long. As I have never observed it on Date and Value Backs, it too, must have been systemati- cally replaced with the third type prior to 1908. Photos courtesy of Lyn Knight Two $5 1882 Brown Backs on the same bank, top note is first Bureau plate variety, bottom is third Bureau plate variety. ----- Brown Back imprints, top is Bureau imprint, bottom is private bank note company imprint. NATIONAL ∎' V iipo ' A • '8.xscrws !.nivr at utaititii trilt \-\ 4/, iii. // I t i tT 54 , kTIONAL CURB, 4:44 06111111101 .111111Mlialaretts...smorm.....4ra... 20 ARMARMIRM, H Paper Money PAGE 131WHOLE NO. 63 An unusual note on the First National Exchange Bank of Plymouth, Michigan shows a transition between the second and third varieties. The note was completed as a third type, but it exhibits a distinct cut-out on the line work behind the Treasury serial number that was intentionally made to accommodate the Bureau imprint that went in this space on the faces of the second type. Probably the Plymouth plate was prepared during the transition period and was started as a second type but finished as a third type. $5 Brown Back completed as a third Bureau plate va- riety but having a cut-out above the serial for the Bu- reau imprint placed there on first and second plate varieties. Border Charter Number Varieties Two principal layouts were used to engrave charter numbers in the borders of Series of 1882 face plates: (1) charter numbers that are black and printed against a background of horizontal lines, and (2) charter num- bers that are white against a solid black background. Other layouts undoubtedly exist. In the second variety the box containing the charter number usually encloses tiny scrolls placed at each end of the number. There are several different kinds of scrolls, and they comprise a fascinating study in themselves. The First Charter number variety with solid numbers against a lined background is most common on "con- verted" private bank note company plates and the early vertical signature arrangement $5 plates. The second variety with white numbers is usually found on Bureau higher denomination plates and $5 plates with the hori- zontal arrangement of Treasury signatures. However, both styles occur on all plate varieties so no general rule can be made with regard to them. From the usage pattern that emerges we can conclude that the lined background variety was the first developed and was most popular early in the Second Charter pe- riod. The solid background variety came in vogue later and dominated at the end of the Second Charter period. Charter Number and Seal Placement on 1882 Brown Backs There are two distinct seal placement varieties on the Brown Backs of $10 and higher denominations. The earliest is characterized by placement of the charter number on its side next to and left of the overprinted words Series of 1882. The seal is placed high and covers the Treasurer's signature. Seal placement varieties on two $10 Brown Backs from the same bank. Top is early high seal variety, bottom is later low seal variety. sib ; will Borders, top is First Charter variety without charter numbers, middle is Second Charter solid black charter number variety, bottom is Second Charter white charter number variety. The later variety has a low seal placement below the Treasurer's signature and the charter number is moved to a horizontal position above the seal. The first variety is distinctly scarcer than the second, so it must have lost favor before the turn of the century. Dating the Varieties Unfortunately records do not seem to exist that de- scribe the varieties mentioned in this article, or the dates during which they were used. Consequently, the dates mentioned were gleaned from information printed on the notes themselves including charter dates, serial numbers, dates engraved on the plates, etc. Such dat- PACE la8 WHOLE NO.Paper Money ing techniques are faulty at best. As I have seen but a fraction of the First and Second Charter notes in col- lectors' hands, the dates presented here must be classed as tentative. Table 3. Banks using First Charter $5 plates with a left shift of the second line in the obligation Other varieties may exist that have not been treated here, and I would be indebted to anyone supplying in- formation about them. Special thanks are due the many collectors who have shown me their notes and pointed out oddities that occur on them. Particularly, I thank Harry Corrigan and Loius Van Belkum for their contributions. Location Youngstown, Ohio Stanford, Connecticut Fort Wayne, Indiana Sandusky, Ohio Washington, D.C. Indianapolis, Indiana Title Charter First National Bank 3 First National Bank 4 First National Bank 11 First National Bank 16 First National Bank 26 First National Bank 55 Table 4. Known $5 First Charter Notes with black charter numbers Useful References Treasury SignaturesLocation Minneapolis, Minnesota Central City, Colorado Terr. Allison-Spinner Allison-New Allison-Spinner Allison-Gilfillan Allison-Wyman Allison-New Allison-Wyman Dillistin, W. H. (1956) A descriptive history of National Bank Notes, 1863-1935: Private printing, 55 p. Donlon, W. P. (1971) Mail bid sale of the research and personal collection of William P. Donlon, May 22, 1971: 119 p. Donlon, W. P. (1975) United States large size paper money 1861 to 1923, 4th ed.: A. M. & Don Kagin, 184 p. Friedberg, R. (1972) Paper money of the United States, 7th ed.: Coin and Currency Inst., 327 p. Huntoon, P. W. (1973) "The types of the 1882 and 1902 National Bank Notes": Paper Money, v. 12, p. 13-18. Parshall, H. W. (1975) "One dollar "Original Series" nationals with charter numbers": Paper Money, v. 14, p. 4-5. Philpott, W. A. (1970) "Early research proves variations, not uniformity, prevails on notes": Coin World, Aug. 5, 1970, p. 32, 34. U.S. Treasury Department (1930) National Bank Act as amended and other laws relating to National Banks: U.S. Gov't Printing Office. U.S. Treasury Department (1935) History and develop- ment of the National Bank Note: in Annual Report of the Comptroller of the Currency: U.S. Gov't Printing Office, p. 817-842. U.S. Treasury Department (1962) History of the Bureau of Engraving and Printing, 1862-1962: U.S. Gov't Printing Office, 199 p. Van Belkum, L. (1968) National Banks of the note issuing period, 1863-1935: Hewitt Bros., 400 p. Charter Title Number Merchants National Bank 1830 First National Bank 2129 First National Bank 2130 Kellogg National Bank 2132 First National Bank 2137 Red Oak, Iowa Green Bay, Wisconsin Boyertown, Pennsylvania Rochester, New Hampshire Pontiac, Illinois National Bank 2138 National Bank 2141 Table 1. Companies that engraved First Charter face plates Bank Note Company American Bank Note Company National Bank Note Company Continental Bank Note Company Denomination 1, 10, 20, 50, 100 2, 500, 1000 5 Table 2. Location of the Bureau of Engraving and Printing imprint on the face plates of Series of 1875 National Bank Notes Denomination Location of Imprint 1 vertically just inside the right border 2 horizontally just inside the top border on the left side 5 in circle above the bank title 10 vertically just inside the upper left border 20 vertically just inside the upper right border 50 horizontally just inside the top border on the left side 100 horizontally just inside the top border on the right side 500 horizontally just inside the top border on the left side 1000 horizintally just inside the top border on the right side Woman Wants Virginia to Make Good on Bills SPMC'er Jim Boland (4586) has submitted the follow- ing Associated Press story printed in the March 11, 1976 edition of the Charlottesville, Va. Daily Progress: The collapse of the Confederacy means a Wonona, Miss., woman will not be able to collect on some Confederate currency she holds, says Virginia's attorney general. "I am sorry to be the source of unpleasant news," Atty. Gen. Andrew P. Miller wrote the woman, whom he declined to identify, ". . . but I suspect that your wisest course is to offer to sell the notes to a collector who believes that the South will rise again." The woman had written Miller asking his assistance in collecting the face value plus interest on some Confederate currency issued here in 1864. "I have some old currency money and it says on it we can demand it," said the woman, who added she had a $500 note, three $10s, two $20s, one $5 and one $1. She asked Miller to demand that the Federal Reserve Bank in Richmond make payment plus accrued interest on the bills. The woman added that she "might would give you half of it, if you'll demand it. . . ." Miller explained in his reply that "neither the United States gov- ernment of 1864 nor 1976 has any obligation to make good on this guarantee" because the Confederate government collapsed in 1865. THINKING OF SELLING? We urge you to consider placing your items in one of our comprehensive Public or Mail-bid auctions you'll receive: * National Attention * Reasonable Commission Rates * Deluxe Professional Cataloging * Best opportunity for TOP prices SEND A LIST OF YOUR COLLECTION & RESERVE SPACE NOW (still better, phone for immediate attention) Or, if preferred, we will buy outright for cash we are currently paying well over "catalog prices" for over 50% of the notes in new condition! When Since 1928 Cle.D. M Kagin ,401ESSI0 Nk6te;HD NUMISMATI Sts• %utio• Inc Ka ulls 0 9/ ,1; 1ff e eNteit ,A1artey trite tht éia 4 KAGIN'S NUMISMATIC AUCTIONS, Inc. * We've handled OVER 99% of all the notes listed in the DONLON & FRIEDBERG catalogs )$( A.M. KAGIN has personally cataloged over 300 auction sales in over 40 years as a professional! KAGIN'S NUMISMATIC INVESTMENT CORP. Specializes in PERSONALLY TAILORED Currency Investment Programs .1.4. featuring CHOICE & SUPERB NOTES ONLY! (write for more information) A. M. & DON KAGIN, Inc. Editors & Publishers of the DONLON CATALOG of U.S. LARGE SIZE PAPER MONEY (now in its fourth edition) $3.50 at coin stores or order autographed copy direct from us STILL ADDING TO YOUR COLLECTION? * Write for a free copy of our next auction sale (please mention this ad) * Send us your want-list High Quality & Rare Notes & Nationals our specialty * Join our CURRENCY INVESTMENT PROGRAM get on the "inside track" with professional guidance It T,'71 1 1,4 S ( -R4\,7 dealing in a sophisticated field, consult a professional... When TOP results are imperative, consult an otElvc, KAG1N,s J , • 44r. < 11110 11%, .11 * o" Suite 600-608 Capital City Bank Bldg. s)v .• IL* • Des Moines, Iowa 50309 Phone: (515) 243-0129 EXPERT! Don Kagin 11.1,1 EII 1 A Widt TERR Paper Money WHOLE NO. 63PACE 140 Military Payment Certificates/Allied Military Currency Are They U. S. Paper Money? By CARLTON "FRED" SCHWAN TRACTIONAL currency, Silver Certificates, Treasury Certificates, Nationals, Confederates, Gold Certi- ficates, bonds, checks, Continentals, food coupons and more are all rightly recognized as being part and parcel of the U.S. paper money field. There is another area in which the author is very interested which is not as well accepted as being part of U.S. paper money— Military Currency. To be sure, so-called Hawaii and North African dollars are recognized as U.S. paper money by collectors but this is largely because they are also Silver Certificates and Federal Reserve Notes. There are two major types of Military Currency which in the author's view are an absolutely integral part of U.S. paper money. Examples of Military Payment Certificates First we will discuss the most obvious example and one which has been gaining acceptance. Military Pay- ment Certificates (IVIPCs) , first conceived and issued in 1946, have been used by millions of U.S. citizens serving abroad with the armed forces since that year. They were printed in the U.S. either by the Bureau of Engrav- ing and Printing or under its direction. Their use was, with minor exceptions, restricted to U.S. personnel; the federal government paid its employees in MPCs which circulated much as U.S. currency. True, MPCs are not and never were intended to be U.S. currency. All issues are now valueless (intrinsically) and were never legal tender "for all debts public and private." However, the MPC was the day-to-day medium of exchange for mil- lions of Americans. While MPCs have been listed in specialty catalogs since at least 1960, they were not generally recognized as part of the U.S. paper money scene until Neil Shafer included them in the fifth edition of A Guidebook of Modern U.S. Currency. Since that time they have also been listed in Gene Hessler's The Comprehensive Catalog of U.S. Paper Money and now have been included in the most authoritative of all "small currency" books, Chuck O'Donnell's The Standard Hand- book of Modern United States Paper Money. Inclusion in these catalogs would seem to assure acceptance of the MPC as U.S. paper money. The "Standard Handbook" however, went one step further than the others in recognizing a field whose ties to U.S. paper money are not as immediately obvious as those of MPCs. Allied Military Currency (AMC) is listed in detail in the "Handbook." In the author's opinion, there is no question that AMC has a rightful place in the field of U.S. paper money; it was used during and after World War II by millions of Americans ser- ving abroad. It was their money for daily transactions. An example of Allied Military Currency As opposed to MPC, AMC was not issued by the United States, its use was not restricted to U.S. personnel, and it was not denominated in dollars. These are reasons for not including AMC as a U.S. issue. The reasons for including AMC, however, are more compelling. AMC was conceived, prepared, issued and controlled under the authority of the Allies, although the U.S. was the most active participant in each of these phases. The Soviet Union and England participated in the printing of the marks and schillings, respectively, but the U.S. actually did the vast majority of the printing. The U.S. was the only Ally to use all of the issues. The most important reason for including AMC as part of U.S. syngraphics is that millions of Americans participated in its daily use. Again, the U.S. sanctioned that use by using it to pay its employees. All of the above is not to say that AMC and MPC are not also a part of the syngraphic history of other 0903467997 BANK OF ISRAEL WHOLE NO. 63 PAGE 141Paper Money countries. Many other well-established U.S. issues also are part of the syngraphic history of another country. Neither is the above meant to dictate what one should include in a collection or area of interest. as that is a highly personal matter. The thesis is that Military Pay- ment Certificates and Allied Military Currency are an integral part of U.S. paper money and should be con- sidered as such. Finally, the opportunity must be seized to keep a foot in the door and say that AMC and MPC are not the only issues once considered "foreign" (as opposed to U.S.) which should be classified as U.S. paper money. Several examples come to mind but they will wait for another time. Perhaps there is a so-called "purist" reader who would care to offer an opposing point of view? Sir Moses Haim Montefiore-- "Lover of Zion" Portrayed on new Israeli Note By FRANZ FRANKL Y THE end of the 18th century, the European powers had become interested in Ottoman Palestine as a bridge to safeguard their interests in the Far East and Australasia (as it was called then). Napoleon, before becoming Consul, captured Egypt in 1798, moved on the Palestine in 1799, bypassed Jerusalem, and tried to storm Acre (the cannonballs still can be seen on the dome there). The British Navy came to the rescue of Turkey; Napoleon withdrew. In 1831, Mohammed Ali, Pasha of Egypt, revolted against the Sultan. His army under the command of his son Ibrahim captured Palestine, Jerusalem (which was not the seat of government) and the rest of Syria. In 1838, during the rule of Ibrahim, the first consulates were opened in Jerusalem by Britain. followed by France, Prussia, Austria and Spain. The Russian consulate in Beyruth sent an agent to Jerusalem. The consuls were given special rights such as running their own postal services, but most important, they had the right to extend their protection to certain minorities, much to the benefit of the Jewish inhabitants of Jerusalem. During this period, Sir Moses Montefiore became as- sociated in London with the Rothschilds and made a fortune on the stock exchange. In 1821, at the age of 36, he retired from business and devoted himself to securing political and civil emancipation for the English Jews. As president of the Board of Deputies of British Jews, he battled discrimination against Jews in the rest of Europe. His whole life was devoted to Jewish philan- thropy. Sir Moses Montefiore visited his beloved Zion (Jeru- salem) for the first time in 1835. At that time everyone lived within the walls of the old city; the gates were closed by night. In 1855, Sir Moses, on one of his seven visits to the Holy Land, stopped off in Constantinople to see the Sultan, who granted him the right to acquire land and build on it outside the walls of Jerusalem. He also got the right to repair the Tomb of Rachel in Bethlehem. Sir Moses was one of the first to erect buildings outside the city wall and also founded a hospital and a school for girls. So it is befitting that on the obverse of the new note, the head of Sir Moses Montefi ore is shown against the city wall, while on the reverse a gate and the wall are shown from the outside. The windmill to the right of the philanthropist's head on the obverse was built in 1857. It still stands on a small hill to the south of the King David Hotel, with a breathtaking view of the walled old city as a background. The head of the mill was blown off in 1948 by a Jordanian shell. Sir Moses Montefiore made his last trip to Zion in 1875 when he was 91 years old. In Eastern Europe the Jews were living under horrible conditions. victims of per- secutions that raged in Russia and Rumania. "Return to Zion" and "Love of Zion" outpoured in prose and poems. In 1881, the first Aliyah of the Chovevei Zion started. The elderly, unfit for hard work, settled in Jerusalem; the young pioneers went to clear the swamps. Under the Russians, Socialists and Jews were persecuted side by side, and so many of the new settlers were Socialists. Theodore Herzl published Der Judenstaat (The Jewish State) in 1896; at the insistence of students from Eastern Europe, Herzl convened the First Zionist Con- gress in 1897. Thus out of the "Love for Zion" modern Zionism was born. PAGE 142 First Charter One-Dollar Nationals: Part IV By HOWARD W. PARSHALL Paper Money WHOLE NO. 63 HIS article is a supplement to three articles by theFr same title which appeared in earlier issues of PAPER MONEY (Whole Nos. 47, 52, and 59). Its purpose is to report the existence of additional note varieties on previously reported banks and the existence of notes on banks not previously reported. Of the 47 banks reported under "states" in this article, 35 are in addition to those identified in the earlier articles. The series of notes issued by a bank is indicated im- mediately following its charter number. The symbols used are as follows: Original (1865) series (65) ; 1875 series (75). Banks issuing Original series notes with charter number are indicated by the addition of a "W" to the identifying series symbols, thus: "65W". If a bank issued Original series notes without and with the bank charter number, this would be indicated in the following manner: (65, 65W). If it issued both Original and 1875 series notes, the symbols would be: (65, 75). If no notes were reported on the bank in the three earlier articles, an asterisk follows the bank charter num- ber. When an asterisk does not appear after the charter number, it indicates an additional variety (65, 65W, 75) has been reported. For several years we have carefully scanned auction catalogs, mail lists, coin papers, and publications in search of the existence of First Charter one-dollar Nationals. In addition, we have received many fine letters in response to these articles which have indicated the existence of additional notes. A summary of the total number of notes located to date and reported in the four articles is given below: Uncut sheets: 8 banks Cut sheets: 5 banks Territorial: 9 banks District of Columbia : 2 banks States: 558 banks Alabama 1 ; Colorado 1 ; Connecticut 24 ; Delaware 2 ; Illinois 30 ; Indiana 19; Iowa 21; Kansas 7; Kentucky 5; Louisiana 2; Maine 16; Maryland 4 ; Massachusetts 106 ; Michigan 15 ; Minnesota 9 ; Mis- souri 10 ; Nebraska 3 ; New Hampshire 10 ; New Jersey 13 ; New York 108 ; North Carolina 2 ; Ohio 47 ; Pennsylvania 30 ; Rhode Island 33 ; South Carolina 1 ; Tennessee 2 ; Texas 3 ; Vermont 24 ; Virginia 1; West Virginia 3; Wisconsin 6. If the reader has knowledge of any one-dollar Nationals unreported in these articles, he is urged to share this information with the author. Please give series, treasury signatures, serial numbers, printed date, and condition of note if known. Write to Howard W. Parshall, P. 0. Box 191, Pineville, Louisiana 71360. The notes below are listed for the first time and are in addition to those reported in the earlier articles: Banks by States: 47 (*35 new banks listed) ILLINOIS: 1 bank, charter #531 (65W). INDIANA: 1 bank, charter #41* (65W). IOWA: 8 banks, charters #117* (65), 299* (65), 650* (65), 751* (65), 1629* (65), 1661* (65W), 1801 (75), 1992 (65W). KENTUCKY: 1 bank, charter #1615* (65). MAINE: 2 banks, charters, #1437* (65), 1956* (65). MASSACHUSETTS: 7 banks, charters #440* (65), 583 (75), 702* (65), 832* (65), 986 (65, 65W), 1604* (75), 2265 (75). MINNESOTA: 1 bank, charter #203* (65). MISSOURI: 1 bank, charter #1584* (65W). NEW HAMPSHIRE: 1 bank, charter #1674* (65). NEW JERSEY: 1 bank, charter #1259* (65). NEW YORK: 7 banks, charters #255 (75), 280* (75), 721* (75), 905 (65), 998 (65W), 1257* (65W), 1278* (65). OHIO: 1 bank, charter #46* (65). PENNSYLVANIA: 5 banks, charters #115* (65), 357* (75), 507* (65), 879* (75), 2195* (65). RHODE ISLAND: 4 banks, charters #772* (65), 1002* (65), 1151* (65), 1532* (65). VERMONT: 6 banks, charters #962 (65), 1140 (65), 1368* (65), 1430* (65), 1576* (65), 1653 (65W). Correction: In the previous article (Part III, Whole No. 59) under Maine, a note was reported on "#65* (65)." This should be deleted. The correction has been made in this article. Gold Value of Confederate Paper Money Claud Murphy, Jr. (SPMC 4486) of Decatur, Ga., has found an article in an 1865 edition of an Augusta, Ga. newspaper showing the value of Confederate paper money in relation to gold. He points out that there still was some value to Confederate paper after Lee's surrender, albeit very small. According to the figures below, one could buy an ounce of gold for a little over $2,480,000 Confederate on May 1, 1865. Price of Gold During Confederate Times At the solicitation of several merchants we republish the following table: Editors Chronicle and Sentinel : In consequence of numerous inquiries daily as to the price of Gold for Confederate Notes during a certain period, we have, for the convenience of our citizens who may have settlements to make, pre- pared a table from our books showing actual sales from January 1, 1861, to May 1, 1865, which is at your service, should you think proper to publish the same. Very respectfully, F. C. BARBER & SON, Augusta, Ga., June 9, 1865. Exchange Brokers. Price of Gold for Confederate Notes from January 1, 1861, to May 12, 1865, inclusive. November 1 13 for 1 November 15 15.50 for 1 December 1 20 for 1 December 15 21 for 1 1864. January 1 21 for 1 January 15 20 for 1 February 1 20 for 1 January 15 20 pr. February 15 40 pr. April 1 19 for 1 March 1 April 15 80 pr. June 1 to July 15 18 for 1 January 1 20 pr. February 15 21 for 1 February 1 March 15 60 pr. April 1 75 pr. May 1 90 pr. July 15 to Aug. 15 20 for 1 May 15 95 pr. August 15 20.50 for 1 June 1 95 pr. June 15 July 1 2 for 1 October 1 27 for 1 July 15 2 for 1 August 15 2.20 for 1 November 15 28 for 1 August 1 2.20 for 1 26.50 for 1 September 1 2.50 for 1 December 1 32 for 1 September 15 2.50 for 1 December 15 25 for 1 October 1 2.50 for 1 December 31 51 for 1 2 for 1 September 15 25 pr. March 15 20 for 1 65 pr. May May 1 18 for 1 20 for 1 March 1 26 for 1 April 15 21 for 1 November 1 25 for 1 September 1 20.50 for 1 October 15 22.50 for 1 October 15 2.50 for 1 1865. 1863. January 1 60 for 1 Nov. 1 to Feb. 1 3 for 1 January 15 65 for 1 Feb. 1 to March 1 3.10 for 1 February 1 50 for 1 March 1 3.25 for 1 February 15 46 for 1 March 15 to May 15 5 for 1 March 1 55 for 1 May 15 6 for 1 March 15 58 for 1 June 1 6.50 for 1 April 1 70 for 1 June 15 7.50 for 1 April 15 80 for 1 July 1 8 for 1 April 20 100 for 1 July 15 10 for 1 April 26 200 for 1 August 1 14 for 1 April 27 800 for 1 August 15 15 for 1 April 28 500 for 1 September 1 14 for 1 April 29 800 for 1 September 28 14 for 1 April 30 1000 for 1 October 1 13 for 1 May 1 1200 for 1 October 15 12.50 for 1 Which was the last actual sale of Confederate Notes. 1861. Jan. 1 to May 1 5 pr. May 1 to Oct. 1 10 pr. Oct. 1 to Oct. 15 12 pr. Oct. 15 to Nov. 15 15 pr. December 1 20 pr. December 15 30 pr. 1862. SCARCE NATIONALS FR. #493 FIRST NATIONAL BANK OF WAYNESBORO, PENNA., a truly choice crisp note that was folded 3 times vertically. This bank was closed in 1895 with only $1,750 outstanding in 1910, very few could still be around today and especially so nice $250.00 FR. #595 PHILADELPHIA NATIONAL BANK OF PHILADELPHIA, PENNA., a true, bright choice new RED SEAL. As a type or for the National collector this is a real "jewel". Don't confuse with the average CU red seals offered In custom plastic holder $350.00 FR. #595 MELLON NATIONAL BANK OF PITTSBURGH, PENNA. as choice as the above note in every respect. Another beautiful RED SEAL signed by A. W. Mellon as president. In custom plastic holder $350.00 FR. #621 FIRST NATIONAL BANK OF WEATHERLY, PENNA. another choice new RED SEAL and check these features: #1 note issued by bank, note dated 12/30/01 before the charter period began in 1902 (first I've seen), the president penned in 3/1/1902 in small script beside #1 note, this added to a scarce bank to start with presents a rare and desirable show-stopper! Cus- tom holder $650.00 FR. #652 FIRST NATIONAL BANK OF WYTHEVILLE, VIRGINIA choice new note from a small town when issued and still a small community near North Carolina line. For type, state or Virginia collector this is a real opportunity to add a nice note $275.00 FR. #654 MARION NATIONAL BANK OF MARION, SOUTH CAROLINA nice about uncirculated note that has no signatures (probably never was signed— but not washed ). A good buy for a S.C. collector or a state collector (CU would bring $500) $300.00 1929 $5 II SLOCOMB NATIONAL BANK OF SLOCOMB, ALABAMA choice crisp new note on a very scarce bank with a small 34,300 total outstanding in 1934. This is the #4 note off first sheet $200.00 1929 $10 II UNITED STATES NATIONAL BANK OF JOHNSTOWN, PENNA (#13781) a crisp new note that supposedly was never printed according to the government records and Mr. Warns' book. This note was printed after the ban on the use of U.S. in the title of Nationals. This was the discovery note of Phil Lampkin, if others exist, they have not shown. In custom plastic holder, a very rare note $275.00 Write for list of other Nationals and choice large-size type notes for sale, it is free for asking. PLEASE remember me when you sell, I will pay high and will appreciate the op- portunity to make you a offer. I especially want to buy any notes on Salisbury, N.C. ob- soletes or Nationals. JAMES A. SPARKS, JR. POST OFFICE BOX 4235 ANA-52964, SPMC-3144 SALISBURY, N.C. 28144 Paper MoneyPAGE 144 New Line-Intaglio Rotary Currency Press at the Bureau By GEORGE W. BRETT WHOLE NO. 63 The first of the new two-plate monocolor intaglio currency presses at the Bureau of Engraving and Printing. View from the delivery end, with the feeding end at far left. To one side at the back is the tiered stack of three paper wiping rolls. (Editor's Note: The author, Mr. Brett, is new to the pages of PAPER MONEY but he is a recognized authority on the production of the Bureau of Engraving and Print- ing and has written extensively on the philatelic appli- cations of it. He is Chairman Emeritus of the Bureau Issues Association and SPMC member 3336.) r HE first of four new currency presses was accepted by the Bureau of Engraving and Printing on Feb. 11, 1976, following the successful completion of its acceptance trials. This new type press is called the "Two-Plate Monocolor Intaglio Press" by the Bureau. [t is a somewhat modified version, as we understand it, of the American Bank Note Company's Magna Press. Three additional similar presses are to be delivered during 1976. In size they are 47' 3" long, 8' 5" high, 9' 11" wide, and each weighs 60 1/2 tons. The presses will use two curved plates of 32-subjects each and will operate at speeds in excess of 8,000 impres- sions (or sheets) per hour. When completely set up, the four presses will be operated in tandem; that is, one to print backs, the other faces, making two such pairings altogether. These presses have a high-speed feeder that will handle a pile of 10,000 sheets at a time. Actually the system allows the printers to stack 10,000 sheets in a reserve pile while another 10,000-sheet load is being printed. The Bureau says, "As the first load of 10,000 sheets nears completion, the second load is moved upward in the feeder until the first load is sitting on top of the second load. When the feeder feeds the last sheet of the first load, the first sheet of the second load is in position to he fed as if it were part of the first load." This can (The used rolls will stack up on the other side of the press in the same way.) The printing unit is the major "block" a little to left of center. Photograph by courtesy of the Bureau of Engraving and Printing. continue indefinitely. However, the Bureau requires that the press be stopped after each 20,000 sheets to verify the count. This procedure is primarily a press register and load check and may not take as much as five minutes. The press is equipped with two delivery receivers which provide the capability of stacking all sheets printed from one plate in one delivery pile, and the sheets from the other plate in the other pile. These receivers are expected to help the currency examiners. "The wiping system uses three paper wipers. The wipers reciprocate in a fixed position. After the engraved plates are charged with ink, the plate cylinder continues to rotate, making contact with each of the three wipers which remove the surface ink from the plates, but do not disturb the ink in the engraved lines," says the Bureau. These new presses are so designed that it is not necessary to stop them to remove used wiper rolls or to add new ones; the design is such as to permit this to be performed safely while the presses continue to produce at operational speed. The present currency plate format will not be changed for use on these new presses and the notes printed by them will be indistinguishable from those printed on the Bureau's other presses. Though it may be quite some time, the Bureau expects to eventually be able to go to a water-wiping system in place of the paper-wiping method. These new presses have been designed accordingly to permit the ready removal of the paper-wiping system when that day arrives. WHOLE NO. 63 Paper Money PAGE 145 With the addition of this new press the Bureau now has three different kinds of currency presses in operation: 1. The old 1-plate De La Rocs. 2. The 4-plate Gioris. (They have these in one basic design but in three versions through successive revisions; the main difference to the uninitiated is probably a little more speed in each version.) 3. The 2-plate modified American Bank Note Magnas. Some of the Giori presses have been used for postage stamps and food coupons when needed, but otherwise the product of all of them has been currency, using the 32-subject plate format. They are all sheetfed, single- color presses, printing by the dry process. Our thanks to the Bureau for being able to present this information. It's in the Books — Excerpts from Dye's Counterfeit Detector, July, 1884 Edition Donated to SPMC Library by Morey Perlmutter New Counterfeit $10 Silver Certificate Series of 1880 The Secret Service Division of the Treasury Department has received advices that this new counterfeit has appeared in the West. It is supposed to have been printed from a wood cut, and is an inferior counterfeit, but may deceive those who handle money very rapidly without examination. It is signed G. W. Schofield, Register, and Jas. Gilfillan, Treasurer, and the counterfeit is somewhat shorter than the genuine note. The paper is in- ferior, and sometimes composed of two thin layers with the silk parallel lines and fibre placed between them. On the back of bill, near the top, from this portion of a sentence "and all public dues, and when so received may be reissued" the word "all" is entirely omitted, and the words "when so" are tied together as one word. 0:010 0:040:* 020 040 0$0.$0:0$0:0:0 0 0:0:04.040:040:0 040t* * O 0. Ot* 0:0 0 WANTED: RARE LARGE-SIZE NOTES We require RARE large-size notes in any grade; type notes in CU only (no Federals, please), in $1 through $100 denominations. We a!so need all grades large-size NATIONAL BANK NOTES, mainly FIRST CHARTER $1, $2 and $5; SECCOND CHARTER brownback $5s, and THIRD CHARTER RED SEALS $5, $10 and $20. TOP DEALER PRICES PAID FOR REQUIRED MATERIAL. We also pay top dealer prices for required "AMERICANA" WESTERN, INDIAN & TERRITORIAL items of mid-1840s to early 1900s ONLY, such as: broadsides, Gold Rush, Pony Express and Wells, Fargo memorabilia; documents, letters, coins, photos, law badges, signs, frontier artifacts, bars, books, autographs, checks, bonds, certificates, drafts, covers, Indian artifacts of all types (no current jewelry), pre-1898 firearms, etc. (No "Wells Fargo" buckles or reproductions of any kind, please. WRITE or CALL (collect) first and describe what you have to offer. As dealers, we also have on hand a fine selection of notes and Western collateral for sale. Your inquiries are respectfully solicited. M. PERLMUTTER P. 0. BOX 476, NEWTON CTR., MA. 02159 Phone: 1-617 332-6119 Specializing in U. S. LARGE paper currency, Series 1861-1923, and Western "Americana." Researchers, Dealers and Appraisers. Contributors to the leading publications and trends in the field of U. S. paper money. Members of SPMC (948), ANA, ANS, PMCM, CCRT and other leading syngraphic, numismatic, exonumistic and philatelic organizations. 1 7 earer pellet Paper Money WHOLE NO. 63PAGE 146 N°. Philadelphia, (lathier of thei3sit of North-America. Pay to Pounds Pennfylvania Paper Money, emitted by Mt of Alterably, dated Marcirt16,1785 A It ank of North America Check By RICHARD T. HOOBER HE close association between paper money and checks as a form of fiat currency is no more clearly shown than on this possibly unique check. Issued by the Bank of North America, payable in pounds sterling it was specifically printed to be used only in drawing against the funds created by the "Act of Assembly, dated March i6, 1785," as indicated on the illustration. The checks were printed by Young & McCulloch, Philadelphia, whose name appears at the left; the bank's name is also worked into the left end panel, the letters alternating with the crosshatching of the design. Under "An Act For Furnishing the Quota of This State Towards Paying the Annual Interest of the Debt of the United States and for Finding and Paying the Interest of the Public Debt of This State," a total of £150,000 was to be raised to pay on debts contracted by the United States. Also, under the provisions of an earlier act, passed Novem- ber 27, 1779, the state was obligated to pay between £15,000 and £20,000 to the legatees of Thomas and Richard Penn and the widow of Thomas Penn, one year after the termination of the war. Thus, a loan office, with the Bank of North America as the fiscal agent to receive the said taxes and to draw checks against such funds, was to be set up and into it was to be deposited with the Continental Loan Office, £123,932, the estimated quota of the interest on the debt incurred during the Revolution. Certificates for money loaned, articles furnished or services performed during the war were to be used in lieu of currency. This same act further stated that the sum of £76,945 17s. 6d in "lawful money of this state" was to be assessed each year on real estate and personal property throughout the state. Quite specifically, the taxes levied were to be paid in gold or silver "at the rate of three pounds for one- half Johannes of Portugal money, weighing nine penny- weight of gold, and seven shillings and sixpence for one Spanish milled dollar weighing seventeen pennyweight and six grains of silver or in bills of credit hereinafter directed to be made and issued and in no other money whatsoever." Notes of earlier Pennsylvania issues would not be accepted. Five Shillings. N 0 S BILL by LAI:, 11.'all fa'fi current,' for FIVE SHILLINGS, within the il.lom.r.tteraftb:: of Pr NSY LYA NI A , according to an A r T of the Ge-.* 'red 41iimbly, palled at Philadelphia,: the Exteenth day of Alarrh, ne thoutand feven hundred and eighty-%,Y.me. / •tve Su togs. Only notes of this particular issue, such as the denomination illustrated here, could be used. The ever-present demand for increasing the circulation of paper money in the colony due to the "scarcity of gold and silver money in the country, the inhabitants of this commonwealth are suffering much inconvenience for want of a sufficient circulating medium of internal commerce and it is deemed expedient that a moderate sum in bills of credit should be issued and that their punctual redemption should be secured by the funds herein-before established." The credit of Pennsylvania relative to redemption of all previously issued notes was always outstanding. After the Articles of Confederation in 1781, and the attainment of complete independence in 1783, the new nation was now a foreign country in its dealings with Eng- land and Europe. It now had to compete with its rivals for the profitable West Indies trade, which had been of great importance prior to the Revolution. As a consequence of sharply reduced commerce, an economic depression in 1784-1785 brought about additional problems in adjusting to the new order. Reference: Statutes at Large of Penna. Vol. XI. Harrisburg, Pa. 1906 A special stamp released by Argentina on Feb. 3, 1973 commemorated the 150th anniversary of the Bank of the Province of Buenos Aires, first to issue bank notes in the republic. It depicts the bank's insignia and the first coin issued by the institution. WHOLE NO. 63 Paper Money PAGE 147 A Syngraphie Survey The U. S. Centennial and Exhibition of 1876 By M. OWEN WARNS HE successful London International Exposition of 1851 left a marked effect on the mind of Wabash University Professor John M. Campbell. Thus in 1866 he set forth the proposition that the United States should stage a centennial commemorative exposition in celebration of the progress and achievements of its first hundred years as a nation. Because international ex- positions were the vogue at the time, it was expected that such an event would be but one part of the overall celebration, but as it turned, out, the exposition was the heart of it, creating inestimable prestige and good will for the U.S. The Paris International Exposition of 1867, which surpassed the London International in attendance, further served as a stimulus for the American celebration. Even more momentum was gained from the projected Vienna International of 1873. Thus the anticipated centennial celebration became the number one topic of conversation among patriotic Americans, especially those in govern- ment and business. Enthusiasm ran high in Philadelphia, a city richly endowed with historic sites and symbols of the American Revolution. However, considerable opposition to Philadelphia as the site of the exhibition arose in Massachusetts, whose Congressional delegation unsuccessfully opposed passage of an act authorizing the centennial celebration and exhibition to honor the now-mature nation's accomplish- ments in agriculture, industry, science and the fine arts. The following excerpt from President Grant's fourth annual message of Dec. 2, 1872, explains the status of the projected celebration at that time: CENTENNIAL CELEBRATION In accordance with the terms of the act of Congress approved March 3, 1871, providing for the celebration of the one hundredth anniversary of American independence, a commission has been or- ganized, consisting of two members from each of the States and Territories. This commission has held two sessions, and has made satisfactory progress in the organization and in the initiatory steps necessary for carrying out the provisions of the act ,and for executing also the provisions of the act of June 1, 1872, creating a centennial board of finance. A preliminary report of progress has been re- ceived from the president of the commission, and is herewith trans- mitted. It will be the duty of the commission at your coming session to transmit a full report of the progress made, and to lay before you the details relating to the exhibition of American and foreign arts, products, and manufactures, which by the terms of the act is to be held under the auspices of the Government of the United States in the city of Philadelphia in the year 1876. This celebration will be looked forward to by American citizens with great interest, as marking a century of greater progress and prosperity. U. S. GRANT. Financing the Centennial International Exhibition ONGRESSIONAL opponents of the Exhibition suc- cessfully blocked the appropriation of funds to establish and operate the event. However, on June 1, 1872 Congress created a Centennial Board of Finance (a separate corporation within the Centennial Com- mission) headed by H. S. Lansing. Its principal task was to raise the necessary $10 million through the sale of Centennial stock certificates at ten dollars each. The response to the drive fell far short, netting only about $2 1/2 million. Further exacerbating the situation was the unforeseen increase in estimated costs of buildings, maintenance and the participation of foreign countries. Just a scant six weeks before the scheduled opening of the Exhibition on May 10, 1876, President Grant was forced to send the following message to Congress: Executive Mansion, March 27, 1876. To the House of Representatives : I have the honor to transmit herewith a communication received from the chairman of the board on behalf of the United States Executive Departments, containing in detail the operations of the board and setting forth the present embarrassments under which it is now laboring in the endeavor to conduct the participation of the Government in the Centennial Exhibition, and showing very clearly the necessity of additional funds to carry out the undertaking in a creditable manner. U. S. GRANT. In response Congress authorized a repayable loan of $2 million (some sources say $1 1/2 million) ; the Com- monwealth of Pennsylvania also loaned a million dollars on the same basis to cover the cost of completing the Centennial Memorial Building. The city of Philadelphia came through with a $1 1/2 million repayable loan, while other substantial loans and contributions were received from local businesses and individuals. After the close of the celebration, the Centennial Board of Finance was able to repay all the loans and to redeem the shares sold to the public at a rate of 20c on the dollar. The Centennial International Exhibition Stock Certificate HE Centennial Board of Finance stock certificate, prepared by the Bureau of Engraving and Printing, was a superior example of contemporary art, embodying the best in the American style of engraving, and has in the opinion of many critics never been sur- passed. Its theme was a panoramic view of the nation 7,,SAI610 1.L1 't r 1,113 /.14 ",114.41,4-f-0 0-4 « r 1.1.1.1.61.L1.1.1-1.1att..L.L1S1/11-1..1.1...1,1- J4 .1-aa,-.4...1.0414"1151:41.1.., Al 1.V1 , '1, A.V2E0-11a,b1 akf'=0,104,14 OSRIV I ,, JH ULLS,D1 1.4.7;r7TENDOILL4IRS,/, .*:»0 / 10 0.0 k0 r.l k 3 :0,0 " " "f.j.kr-i""3 1.121:.."7 atilX 0 0 1 ,14•110.11MR- PAGE 148 Paper Money WHOLE NO. 63 Reverse of Friedberg design no. 105, $100 First Charter National Bank Note, with same vignette used on stock certificate. Trumbull painting of the Declaration of Independence signing used on design of Bank of Michigan note dated 1862. (Photo courtesy of David Cranzin.) with surrounding allegorical groups indicative of pro- gress in all fields of human endeavour. At the center bottom was a reproduction of John Trumbull's "Signing of the Declaration of Independence" as used by the American Bank Note Co. on the reverse of the first charter original series National Bank Notes, $100 denomination, and which has been reborn in slightly modified form on the new $2 Federal Reserve Note issued April 13, 1976. Directly beneath the en- graving on the certificate is the legend Geo. B. Mc.Cartee, Chief of Bureau. Geo. W. Casilear, Supt. of Engraving. Engraved & Printed at the Bureau, Engraving & Printing. The Treasury Department ordered 10,000 numbered certificates to be delivered to the Centennial Board of Finance in fiscal 1875 with an additional 6000 in fiscal 1876. They bore the printed signatures of Fred. Fraley, cashier, and Jno. Welsh, president of the CBF. 1 Indicative of the esteem in which these large, elaborate pieces of paper were held was the reaction of one Phila- delphian, Mary Collins, who when asked if she wished to surrender her $10 stock certificate replied, "I do not entertain the idea of giving up my cherished memento of the Centennial Exhibition. It is a fine work of art, it is prized too greatly, it will occupy a place of honor on the wall of our library." Note: The pull-out copy of the historic stock certificate can be removed and framed if desired. 'lite States Join flue Celebration, Pat ling Their Onn The Ohio State Pavilion at the Centennial Exhibition. S% .s 1.14 RTC hif //„/ //h, Clittlitetts iiA ttNio 1/4/,///'/(/ /:'v/ S/ il,;////„?,//i/(74 ///7 .1///1. /1/4 / ( 7,/ , ////// //7/2/ //:;/1//47:///// ///, //,7,1 Reproduced in PAPER MONEY No. 63, 1976. by courtesy tit T . If; WEIN, ONO) 4fittft fr 7%/ //(//; (777 a/// / //7( /V. /1/ /4 / /1/4/ , //„ til//,/ „// //, / S/ 2/1-41teh/1/ AMATO! $'14)„4)4)4) 4)1)4),, rtesy of the BUREAU OF ENGRAVING AND PRINTING. WHOLE NO. 63 PAGE 149Paper Money .Z•aa • -1 • • • '4,-.6! RESIDENT Grant's nationwide invitation to the states and territories to join in the Centennial celebration was received with great enthusiasm and cooperation. Many constructed and maintained at their own expense individual and distinctively designed pavilions serving as places for their constituents to gather and show off their lifestyles and exhibit their locally- made products. Colorado became the 36th state on August 1, 1876 and was immediately dubbed the "Centennial State." Of all the state structures erected during the Centennial, only the Ohio building stands today on the old grounds of the Exhibition in Fairmount Park. 2 /6.9 . c 4 4e,, (1\ .../,',/d/ lio.0 PI et fit/ j a • •• •• .. • • • ••1•• •4••••• .."• A"'L • (14i a..." 4 • j . 1 . • it ■■■•• a a 41.,■../ U) Cat cla, L. a / via 4.4-1L,,,,; aa4- "1 a .-1.••• 417 at 41, ‘,-( malt ••• it* J., • 0 • , t avA so-. • - 1 t ..(d0 t„, _6 , p I: w. OFFICIAL CALL FOR LOCAL HISTORIES By the President of the United States A Proclamation Whereas a Joint Resolution of the Senate and House of Repre- sentatives of the United States was duly approved on the 13th day of March, last, which Resolution is as follows: Be it resolved by the Senate and House of Representatives of the United States of America in Congress assembed, 'That it be and is hereby recommended by the Senate and House of Representatives of the people of the several States that they assemble in their several countries or towns on the approaching Centennial Anniversary of our National Independence and that they cause to have delivered on such day an historical sketch of said country or town from its formation and that— Given under my hand at the City of Washington the twenty-fifth day of May in the year of Our Lord, one thousand eight hundred and seventy six and of the Independence of the United States the One Hundredth." /signed/ U.S. Grant 7 • 'A.A....1,44.j) C 41.4:ta 1 d 6 •- • 1..67---c.-...• ■•• A -;J - I • -4 u•By the President /s/ Hamilton Fish, Secretary of State / President Grant Opens the Centennial Celebration and Exhibition ..,.., .tC -1 , c:( i .1.4- Washington, May 1, 1876. To the Senate: I transmit herewith, for the information of Congress, a report of the president of the Centennial Commission upon the ceremonies to be observed at the opening of the exhibition on the 10th instant It will be observed that an invitation is therein extended to Senators and Representatives to be present on that occasion. U. S. GRANT. [The same message was sent to the House of Representatives.] T HE 18th President of the United States, UlyssesSimpson Grant, a warm supporter of the Centen- nial, arrived at 10 A.M. on May 10, 1876 to officially open the long-anticipated celebration in concert with the heads of foreign countries and other dignitaries amid the unfurled flags symbolic of the 40 countries participating. The hundredth birthday was notably impressive on that sun-drenched morning, one of the most prestigious days in the country's history. Phila- delphia was reeling with a hilarious enthusiam as the capital of the free world! A patriotic show of exuberance took place on New Year's Eve of 1876 when Philadelphians raised the old Colonial Flag over Independence Hall. The flag had been presented to our country by George Washington on Janu- ary 1, 1776 when he organized the Continental Army. The flag retained the British Union Jack, but introduced the 13 alternating red and white stripes denoting the Original 13 States. It is known today as the Grand Union Flag. PAGE 150 Paper Money WHOLE NO. 63 rt-5, t of „ . . .grioilliFPF".1113ENCE.'o'‘..,1711TITED-STATIES in the practIcal :0' and in illugration o thtir prosress^i-n. S S IF A ln cite IIE Irt I.= MIIIMINVIMISMAMOMPIP' an and Mat;r'i'itl'Irt...50'7- 0.0640f ' %Oteataa ttitg pfroti,9,05 at 42.11=-* fi 4//// /ia/ i,1/4/.7 ay..., / /../4v' a/ . .4,4-0/a/if-Nit/ /////,,y/ // , 1/%/. a //a/ //a/ //a ://// //re/ ,r/ //7(/////a7 7/./(/ . :/iii//// /// Oat/Mild PHILVIELPHLI.h. oh. off thell.swad ig/,/ /mm/iii/ (ma , Ki; 21,4"). ;47 • 0.001100410 000, °`.. Con 4. 0000000 00000.00,00,00, 01. 0, 0." AVRVID. Visitor's Certificate, Centennial Exhibition. According to "The Story of the Centennial of 1876" by S. E. Trout (1929), the original certificate was signed by J. F. Hartranft, governor of Pennsylvania, W. S. Stokley, mayor of Philadelphia, and U. S. Grant, President of the United States in ceremonies on June 18, 1876. Reproductions were given to visitors as "documentary evidence of their having gone to the Centennial." At the bottom edge are the inscriptions "Copyright 1876, by R. Murphy" and "Designed & engraved by THE MAJOR & KNAPP CO. N.Y. and issued from the presses of R. HOE & CO. at the International Exhibition." WHOLE NO. 63 PAGE 151Paper Money Type A Exhibition ticket ("FIFTY CENTS" in red). & Market St s. The Centennial National Bank, Philadelphia (illustration en- larged from a check). Type B Exhibition ticket with letter "hi" at lower right. Branch Office of the Centennial National Bank at the Exhibition OCATED just outside and to the right of the Main Entrance Hall of the Exhibition, a branch office of the Centennial National Bank of the City of Phila- delphia was established. It served as an admission ticket distribution and end-of-the-day collection point as well as a change center. Some 101 "money gates" were situated at convenient approaches to the hundreds of buildings within the 280 acres of the Exhibition grounds. The lock-dropped ticket admission boxes from these gates were brought to the Branch Office at the close of the day for accounting of daily receipts. Accurate records were kept. Althought just under a million people were admitted, only slightly over 800,000 actually paid as a result of "re-entries" and passes. In passing it is interesting to note that $1,001.00 in counterfeit money had been used to purchase admission tickets during the Centennial. Type C Exhibition ticket, no letter at lower right. Centennial Exhibition Admission Tickets LLUSTRATED here are three types of admission tickets used at the Centennial. If additional letters were employed within the engraved circles other than those shown, then additional varities will exist. Ticket "A" has the letter "A" within the engraved circle at the lower right and the words "FIFTY CENTS" in capital letters printed in red diagonally across the face. Both the obverse and reverse of this type are printed on thin white card stock. Ticket "B" has the letter "H" set within the engraved circle; the obverse is printed on white stock while the reverse is printed on a light green. Reverse common to all three types of Exhibition tickets. On ticket "C" there is no letter within the engraved circle; the obverse is printed on white stock and the reverse on pink. All three types have the printed signature of David G. Yates, General Manager, Depart. ment of Admissions.3 t • • 4'• • t va 4 ;• PACKAGE' TIC HET. ' It 1.141A ENTS •'.0-)417, rim' 11 ' 4 95360 .14 PACILI.GrE TIC HET. ' 'A 11, 1", A ro Strap from a pack of 100 Exhibition tickets. 10 Envelope which contained ten Exhibition tickets. Paper MoneyPAGE 152 WHOLE NO. 63 gates." They were also packed in envelopes containing five and ten tickets with the large numeral "5" or "10" respectively. The imypressed wax seal of the Philadelphia Bank Note Company secured the back of the envelopes. The Centennial National Banks of 1876 • V 1 1 HE year 1876 turned out to be the second leanestt year for the chartering of National Banks during the entire note issuing period (1863-1935), with only 29 banks chartered by the Comptroller of the Currency. As an outgrowth of the prevailing patriotic atmosphere, two of the 29 banks chartered selected "Centennial" as a part of their bank titles. They were: 2317 The Centennial National Bank of the City of Philadelphia 2330 The Centennial National Bank of Virginia, Illinois The Centennial National Bank of the City of Philadelphia This bank was chartered on January 19, 1876 and was located at 3126 Market Street in Philadelphia. The original officers of the bank were: Officers George M. Troutman, President, Charles Wheeler, Vice-President, Theodore Kitchen, Cashier, S. S. Sharp, Ass't. Cashier, A. P. Ruther- ford, Notary. E. A. Rollins, Director, Clarence H. Clark*, Director, George F. Tyler, Director, John D. Taylor, Director, Charles E. Pugh, Director. * In 1900 the bank's deposits had risen to more than $3,500,000.00 with Clarence Howard Clark Jr. (the son of the bank's original director) as president. —closed on October 3, 1925, consolidated with charter #1. —circulation assumed by charter #1. —capital, $3,000,000.00 Par Value of stock, $100,000.00. —Circulation Issued: First Charter, 1875 series 10-10-10-10 plate=$741,080, bank serials-1 to 18527 Second Charter, Brown Backs 10-10-10-20 plate=$666,000, bank serials-1 to 13320 Second Charter, 1882-1908 Green Back s 10-10-10-20 plate=$805,700, bank serials-1 to 16114 Third Charter, Plain Backs, Blue Seals 10-10-10-20 plate=$1,413,050, bank serials-1 to 28261 Total amount of circulation issued=$3,625,830 —Amount outstanding, report of 1925=$196,000 - Responsibility for redeeming its circulation was assumed by Charter #1. CENTENNIAL National Bank, PhitadelOkia. $50 The Centennial National Bank of Virginia, Illinois Seal of the Philadelphia Bank Note Co. on a package of Exhibition tickets. The tickets were engraved and printed by the Phila- delphia Bank Note Company and delivered to the Centennial National Bank where they were strapped in bundles of 100 and delivered to the Branch Office of the bank at the Exhibition for distribution to the "money This was the 15th of the 29 National Banks to be char- tered in 1876. It had the distinction of issuing notes of the three charter periods plus the 1929-1935 period. It was located 27 miles northwest of Springfield and had a population of 1200 in the year of chartering. The Centennial National Bank of Virginia #2330 --chartered on April 11, 1876 placed in voluntary liquidation on Jan. 22, 1931; cap.—$50,000. --absorbed by the Petefish, Skiles & Company State Bank, Virginia WHOLE NO. 63 PAGE 153Paper Money Fr. #552, Second Charter dated green back, Centennial National Bank of the City of Philadelphia. Fr. #632, Third Charter blue seal plain back, Centennial National Bank of the City of Philadelphia, Irwin Fisher, cashier; E. M. Malpass, president. Fr. #487, Second Charter brown back, Centennial National Bank of Virginia, Ill., John J. Bergen, cashier; W. L. Black, president. „1,k$404144.4.o sEr4144 .'zritair istiV01,0N 11_ 1014 1)T1111414 001111 1 111141T110:00 critITEINNIALI ttiii»Li,I 1 it ztt tail 44*Z.',":40 7.1isationall 'earreiter alMitar(1341111B4ws. ∎ wilxiMTOUSANK110(1Nt UNITED STATES OF AMERICA ,azotyx_mnosigenitt Z47;.7,39D 1,„ frflox Noittitiai 13militromilex4.01 . 2317 E 410Akatall1=244124SaitIAIJJALLUD 21tr4t-.4:41.7 PAGE 154 Paper Money WHOLE NO. 63 ♦IKC1 RIZ Kt unnenstins NOMA 1113,10,10 I111 I tll TIMARI: V.1 III 1101 q=0,3t, 618997- wog 4,4—PAIA#4. 01,0014NX, 2330 4.14.1,14,1,SAMO —4)(041FM$t* /.5' sec ./17 ; 2195 Fr. #658, Third Charter blue seal plain back, Centennial National Bank of Virginia, Ill., H. Salzenstine, ass't. cashier; W. M. Gooding, president. r (4afaaaa cf,5. Miziz ioaa w*eeiea‘ice O - March 5, 1818 Mr. Theo. Leonhardt, Philadelphia, Pa. Dear Sirs. Ono of our customers desires to knew the price of a cheek like the enclosed per one-thousand. Please advise us. Yours truly, Cashier. 3 _ Correspondence from Independence National Bank, Philadelphia, Wiedersheim, cashier. signed by Theo. E. —Circulation Issued —First Charter Series of 1875 5- 5- 5- 5 plate=$142,300. worth ; serials —Second Charter Brown Backs 1 to 7115 5- 5- 5- 5 plate=$41,100. worth ; serials 1 to 2055 10-10-10-20 plate=$56,000. worth ; serials 1 to 1120 —Second Charter 1882-1908 Backs 5- 5- 5- 5 plate=646,040. worth ; serials 1 to 2302 10-10-10-20 plate=$79,000. worth ; serials 1 to 1580 —Third Charter Plain Back Blue Seals 5- 5- 5- 5 plate=$104,300. worth ; serials 1 to 5215 10-10-10-20 plate=$161,850. worth ; serials 1 to 3237 --Small Size $ 5. type 1=$14,700. worth ; serials 1 to 490 $10. type 1=615,480. worth ; serials 1 to 258 $20. type 1.=$ 7,560. worth ; serials 1 to 63 --Total amount of circulation issued =6668,330. - -Amount outstanding at close =6 27,637 1A • -Amount of large-size outstanding at close=$ 6,5271/2, Another National Bank Title Attributable to the Centennial One is reminded of the establishment of the Independence National Bank of Philadelphia chartered in 1883 as No. 3085. An undeniable air of patriotism flourished for years after the celebration closed with indelible reminders of the honors bestowed upon it and Independence Hall. The bank title of "Independence" was well-conceived and certainly most appropriate. The bank lasted 18 years and had outstanding National Bank Notes at its closing of $69,200.00 when it consolidated with The Girard National Bank. charter No. 592 in 1901. The 0..ANIEL B. CUMMINS, Chairman; Banks' and Bankers' Committee on Coins and Jurrency of the U. S. Centennial Exposition. (Dear Sir ' will be happy to co-operate with your committee in forming a .National .Association, to take !part in commemorating the Centennial .Anniversary of our _National Independence, in the City of 'Philadelphia in 1876, and will serve as a member of a Nationai • Committee to represent in part the Banks' and Bankers' of the State of (Please notify ....as to time. and place of meeting of the Committee. I have the honor to be Very (Respectfully, WHOLE NO. 63 PAGE 155Paper Money latter bank itself was consolidated with The Philadelphia National Bank, charter No. 539, in 1926. The Independence National Bank of Philadelphia #3085 —chartered on Dec. 1, 1883 —placed in voluntary liquidation on May 3, 1901 ; cap.—$500,000. —consolidated with #592 With so much talk about the Bicentennial next year, do you know if anyone's interested in mementos of the Centennial celebration? Our family heirlooms include a ticket to the U.S. Inter- national Exhibition, held in Philadelphia. The ticket's in perfect condition, a dark blue with the words "fifty cents" printed on the front in red. It has the dates 1776 and 1876 in the corners. —Circulation Issued —Second Charter Brown Backs 5- 5- 5- 5 plate =$497,940. worth ; serials 1 to 24897 10-10-10-20 plate=$222,800. worth ; serials 1 to 4456 —Total amount of circulation issued=$720,740. —Amount outstanding at close =.$ 69,200. --Amount outstanding in 1910 =$ 5,455. —Bank officers according to Comptroller reports : —Presidents —Cashiers 1884-1886 Peter A. Keller 1884-1885 Willard B. Moore 1887-1888 Charles Lennig 1886-1888 R. L. Austin 1889-1900 R. L. Austin 1839-1900 Theo E. Wiedersheim Can you tell us if it's worth anything? Antique Centennial Centennial collector Harry Harris, who specializes in mementos told us that owning a ticket to the is nothing to get into a "dither" about. Acknowledgments And now, credit where credit is due for their indulgence and assistance in making this timely endeavour possible ... John Coleman, James A. Conlon, Director of the Bureau of Engraving and Printing, William P. Donlon, John Hickman, Stanley Janusz, Art Leister, David L. Levitt, Gary Lonnon, Dr. John A. Muscalus, Barbara R. Mueller, Hank Spangenberger, Malcomb G. Thompson and Louis Van Belkum. If in perfect condition, you might get as much as $5 for it but the most likely figure would be about $2.50. Like all antiques and mementos it's a matter of supply and demand and there are just too many of these tickets in circulation, according to Harris. Close to 10 million people visited the Fairmount Park site during the 6-month exhibition that ran from May 10 to Nov. 10, 1876. There were 194 buildings, housing ex- hibits in the fair area in West Fairmount Park that stretched from the Schuylkill River to 52d st. and north- ward to Belmont Plateau. Memorial Hall is the only building left there today. Seven miles of avenues and walks surrounded the fair grounds. A narrow gauge rail- road, four miles long, transported visitors for a 5-cent fare. * Editor's Note: According to the best sources, the attendance figure was one million persons, as stated previously by Mr. Warns. References and Sources Maass, John. The Glorious Enterprise, 1974. American Life Foundation and Study Institute, Watkins Glen, N. Y. Addendum Additional syngraphic sidelights on the Centennial Ex- hibition have been furnished by Ronald H. Horstman. The following relates to a special numismatic display pre- sented by the "Banks and Bankers' Committee on Coins and Currency of the U. S. Centennial Exposition of 1876" and a form of response: National Archives Philadelphia Museum of Art. The Architecture of Frank Furness, 1973 Reports of the Comptroller of the Currency FOOTNOTES 1. John Welsh, a public-spirited citizen, bought the land, parcel by parcel, for the Centennial. Then he gave the land to the City of Philadelphia for Fairmount Park. He charged exactly $1 for the property. He also gave a large portion of Wissahickon parkland to Fairmount Park. Subsequently, he served as the U. S. ambassador to Britain. 2. From the Philadelphia Daily News, Dec. 23, 1975: Bicentennial visitors will get a glimpse of America's birthday blast when a miniature model of the 1876 World's Fair goes on display next spring in Fairmount Park. The 40-foot by 200-foot scale model of the Centennial Exposition is being restored to its Victorian splendor for $7,000 as a Bicentennial attraction. A sound and light presentation is being installed to tell the story of the Centennial in Fairmount Park. The model, created by faculty and students at the Spring Garden Institute in 1876, depicts the 236-acre fairgrounds that stretched from George's Hill to the Schuylkill, and from Parkside Ave. (then Elm Ave.) to the Belmont Plateau. Memorial Hall, headquarters for the Fairmount Park Commission, and Ohio House, at Belmont Ave. and States Drive, are the only two buildings remaining of the 249 that were part of the Centennial. 3. From the Philadelphia Sunday Bulletin, Dec. 21, 1975 "Mr. Fixit" column: Paper Money WHOLE NO. 63PAGE 156 lailjterst. ommittee o furtotal • OF THE •---77 U. S. CENTENNIAL EXPOSITION OF 1876.- - Philadelphia, November 21st, 1874. The associated hanks of the city of Philadelphia desiring to nationalize and give efficiency in action to the patriotic thought of the Centennial Exposition of 1876, unanimously adopted on the seventh of September last, the following preamble and resolution. wHIMEAS, In pursuance 01 recent legislation by Congress a cordial invitation has been extended by the Gov- ernment or the United States to all foreign nations to take part and be represented. both through their people and products, In I he Centennial Exhibition at Philadelphia in 1878, in commemoration of the Declaration of Independ. ence, July 4th. 1778, which invitation has been generally accepted: and whereas, under the stimulus of such acceptance, and other encouraging facts, the persons charged with its conduct have contracted for the erection of the necessary buildings with responsible parties, who are diligently prosecuting work upon the same, and the proposes' exhibition, In consequence thereof, is now commanding such attention from the people of the United States and of foreign nations as to leave no doubt of its success: and whereas, it is designed and desired that every department of industry and every class of business of the United States should be so represented at the exhibition HS to reflect credit uPon itself; and give to our own tout foreign people an opportunity of forming an intelligent idea of the great progress, vast resources. and immense capabilities of our country, and to effect so desirable an end the cordial and active co-operation of those engaged in every department of agricultural, commercial, manufacturing, and financial business is necessary and proper: and whereas the Centennial Commissioners, representing all the States and Territories, by resolution, have invited the co-operation of the banks and bankers of the country for the purpose ; now, theiefore, be it Itzsocven, That all national and other banks, and all bankers or the United States, be and they are hereby invited to send representatives to a tneeting, to be held at Philadelphia, on the —I— day 4e,-; 187Sio form an association for the purpose 1,1' collecting. classifying, and exhibiting in a suitable department of the Centennial buildings specimens of the coins and paper money of the American Colonies, of the United States, and of all the States from the earliest settlement of the country to the slate ■■f the exhibition, together with such statistics of banking and finance generally as will make that department attractive, of historic interest, and illustrative of the deVelopment and progress of the country. At the same time they appointed a committee to correspond with the national and other kinks and hankers and numismaticians of our country, asking their co-operation in the laudable effort to make the coinage and cur- ren•y of the nation tell their story of a hundred years. This committee has added to its numbers, as appear below. :11111i for the purpose of carrying into effect the above resolution cordially invite you to unite its an association to be Icomposed of representatives of all national and other banks, bankers, and numismaticians of the United States, In addition to the collection and exhibition of specimens of our national coins and currency, it is also deemed appropriate and desirable to collect and exhibit specimens of all the ancient and modern coins of the world as lbs as practicable. When you accept this invitation, or appoint your committee to represent you in this association, be pleased, to send your names and address to the chairman of this committee, who will notify yOu or them of the time and place of meeting of the persons so appointed or accepting this invitation. The Secretary of the Treasury, the Comptroller of the Currency, and the Treasurer of the United States,. by their respective letters. Cordially approve of this movement, and promise their co-operation. It has also been fully endorsed by the Director General and Financial Committee of the Exposition, with request to enlarge the association and thus promote the general interest of the Exposition. We sincerely hope this invitation will be proMptly accepted in the spirit in which it is given. The Exposition is national not sectional. Let the past in its grand achievements encourage us, and let the promotion of the honor or our whole country be the inspiratiOn and reward of our action. D.• 13. Cummins, President Girard National Bank, Chairman, George Ph iller, President First National Bank, Secretary, Drexel, of the firm of Drexel & Co., Bankers, Treasurer. Thomas Potter, President City National Bank. lames T., Claghorn, President Commercial National Bank. James Watson, President Consolidation National Bank. Seater, of the firm ,■f E. W. Clark & Co., Bankers. Camblos, of the firm of ('. Camblos & Co., Bankers. George S. Fox, of the tints of BOwen & nix, Bankers. N. B. Browne, President Fidelity Insurance Trust and Safe Deposit Company. (•. Cope, President Philadelphia Saving Fund Society. James Pollock, Superintendent United States Mint, Lindley Smyth, President Pennsylvania Company for Insurance on Lives,.&c., &c. Dr. H. C. Davis, Numismatician. 1 12 Solicitation from banker's group to form a numismatic display at the Exhibition. The End Paper MoneyWHOLE NO. 63 PAGE 157 SPMC Chronicle A Swan Song I N MY editorial in the last issue, you may recall thatI confidently invited writers from the discontinued publications World Coins and Numismatic Scrapbook to publish their work in PAPER MONEY. Now, just a couple of months later, I regret to announce that due to a sudden deterioration in my health, I must curtail some of my journalistic activities. Because SPMC and the entire hobby of syngraphics are growing at a rapid pace, I find that my editorial duties for PM are getting beyond my physical capabilities. Since I can no longer produce the magazine on schedule, I must relinquish the editor- ship. Naturally, I do so with great regret. PM has been my "baby" since 1964. It was a puny, 28-page quarterly when I became its second editor. Through dint of the hard work and devotion of many members and officers who assisted me, the baby has grown into a vigorous, hefty bimonthly magazine. At this point, therefore, I wish to thank each and every person who has contributed to our success over the past 12 years. Of course, I realize that the magazine is not perfect. There are gaps in coverage and an overhaul of the graphics is long overdue. But these deficiencies should be challenges to the next editor who can approach the task with enthusiasm and energy not sapped by a decade of hard work on one publication. No one is irreplaceable; a new editor will be found who will help SPMC realize its true potential. Perhaps I can still contribute an occasional feature if he (or she) can use it. Any any rate, I shall always treasure my years of association with this organization and the many lasting friendships made through it. No Correspondence After July 1st I had hoped to finish out the volume but now I know that this is my last issue. If at all possible, I will continue to receive and hold all editorial mail and collect advertising accounts until a new editor is appointed but under no circumstances later than July 1, 1976. If no one has been appointed by that date, all PM- SPMC mail addressed to me will be turned over un- opened to one of our officers for safekeeping. I must emphasize that this schedule is firm and I cannot deviate from it. Please cooperate. And now auf Wiedersehen and Danke SchOn! BARBARA MUELLER Preliminary SPMC Plans for ANA New York Convention President Robert Medlar reports the following schedule of SPMC events at the 1976 ANA convention at the American Hotel: Thursday, Aug. 26th, Board Meeting, 8 AM breakfast Thursday, Aug. 26th, General Membership Meeting, 1:30 PM Friday, Aug. 27th, Membership Luncheon, 12:30 PM He also advises that once again Tom Bain will conduct his famous raffle. To help repeat the great success of last year, members are urged to contribute worthwhile syngraphic material for it. Remember, it is a tax deductible contribution and you will receive a receipt to that effect. Tom's address is 3717 Marquette Dr., Dallas, TX 75225. "Occasional Get-togethers" of SPMC'ers The First Occasional Get-together of the Society of Paper Money Collectors was held at Jamestown, North Dakota, on November 2, 1975, at the invitation of the Central Dakota Coin Club. Twelve members from three states attended and several others, who were unable to attend, were heard from. Forrest Daniel, SPMC governor, explained the objectives of the Society and displayed its several publications. The meeting was a general discussion of the problems of paper money collectors. It was felt that paper money is a stepchild of numismatics and that the hobby needs more promotion, even to the point of having a national paper money convention in cooperation with related organizations. The greatest needs, as expressed by the group, are standardization of grading and pricing. The wide spread of prices was a matter of concern, especially in the field of National Currency. There was a call for a more detailed study of the depletion rate of National Currency notes. One member expressed the opinion that insurance rates for paper money collections should be fixed at a lower rate since each note can be positively identified. The members felt that the exchange of ideas was a good idea and expressed the hope that other meetings can be held in conjunction with other coin shows in the area. Members of the Society of Paper Money Collectors of the Upper Midwest have been invited to hold their Second Occasional Get-together at 9:00 A.M. on Sunday, June 13, at the Civic Arena, Aberdeen, South Dakota, during the 25th South Dakota State Coin and Stamp Convention. The Ringneck Coin and Stamp Club of Aberdeen is host to the convention on June 11, 12 and 13. PAGE 158 Paper Money WHOLE NO. 63 The South Dakota convention will feature a three-day seminar with speakers covering the fields of paper money, coins and stamps, conducted by well-known area col- lectors. Forrest Daniel of SPMC will present three ses- sions covering paper money. His subjects will be "Paper Money of the Colonies and the American Revolution," "Treasury Notes of 1812-1815" and "Running Antelope, A South Dakotan Portrayed on a $5.00 Silver Certificate." Featured speaker at the Saturday, June 12, banquet will be Edward C. Rochette, excutive director of the American Numismatic Association. The 25th South Dakota Convention promises to be the outstanding show of the year in the Upper Midwest. Full details and program are available from Charles W. Fulker, Box 10, Bath, South Dakota 57427. News of Regional and Specialty Groups Judaic Syngraphics Specialty Group Formed SPMC member and author Franz Frankl has been chosen as first president of the newly formed Judaic Syngraphic Collectors Association (JSCA). Organized for educational and fraternal purposes, the JSCA is to promote, stimulate and advance the study of Jewish syngraphics—paper money of the Palestine Mandate, Israel, Turkey before 1918, Egypt 1917-1927, Jewish con- centration camp and prisoner of war scrip, tokens and chits of Palestine and Israel, paper tokens and associated material pertaining to Zionist and Jewish numismatics. Also elected were William Rosenblum as vice-president, Stanley Yulich, treasurer, and Kerry Erickson, secretary. The annual dues will be $10. Membership information is available from Mr. Erickson at 1181 Oakes Blvd., San Leandro, CA 94577. Currency Club of New England Formed Leonard H. Finn (SPMC 537) reports that in response to a notice in PAPER MONEY, the Currency Club of New England was formed at a meeting in his home attended by 25 collectors. Four meetings a year are planned. The first was held May 23rd at Providence, R.I. Other meetings planned for 1976 are for September in the Connecticut area and for November at the NENA convention in Manchester, N.H. Dues are $5 annually. For application forms contact the Secretary, CC of NE, P.O. Box 232, Wilmington, MA 01887. Rothert Teaches the Younger Generation Matt Rothert, past president of the American Numis- matic Association and SPMC'er, has just completed teach- ing a course in "Beginning Numismatics" at the Fair- view Middle School in Camden, Arkansas. The course included an introduction to numismatics, the evolution of the silver dollar, a study of the coins of the bible, and touched on the subject of tokens, medals, and paper money. An average of 17 students comprised this class, which was one of several "mini-courses" taught in the Fairview Middle School to offer the students something other than the normal school curriculum that might revitalize their interest in school. Rothert Fractional Collection Purchased by Rockholt The outstanding collection of U. S. Fractional Currency amassed by Matt Rothert, former president of the Amer- ican Numismatic Association, has been purchased by Rocky Rockholt of St. Paul, Minnesota. Rothert, the man responsible for "In God We Trust" appearing on all of the current U. S. currency, explained that he started his collection in the mid 1940's, following an illness. Many of the notes came from Stewart Mosher, who prior to his death was employed by the Smithsonian Institute in Washington, D.C. Other notes came from Herman Cro- foot, Monrovia, N.Y., who had obtained them from General Spinner's great-great granddaughter. "Mr. Phil" Philpott of Dallas, Texas had also been a source of many of the choice notes in the collection. Rothert acquired numerous single notes at conventions over the years to round out his own personal collection. The pedigree of many of the notes makes them highly desirable. Rockholt indicates he will study the collection for future articles on Fractionals, keep some of the notes for his own collection, and sell the remainder to one or more collectors who also enjoy this specialty. Nominations for Board of Governors Harry G. Wigington, chairman of the 1976 Nominating Committee, has announced the selection of the following members for election to the Board of Governors: Michael A. Crabb, Jr. C. John Ferreri Richard Jones Robert E. Medlar Eric P. Newman Interested in SPMC Publications? • • BACK ISSUES • BOUND VOLUMES • STATE CATALOGS • See the newly revised listing of available publications on Page 118 of this issue. WHOLE NO. 68 Paper Money PAGE 159 SECRETARY'S REPORT HARRY G. WIGINGTON, Secretary P. O. Box 4082 HARRISBURG, PA 17111 New Member Roster Dealer or No. New Members Collector Specialty 4631 Richard L. Biemer, R. D. #1, Conneaut Lake, Pa. C, D National Bank Notes, foreign, Confederate, 16316 broken bank & Obsolete 4632 Michael A. Tramte, 2141 North 53rd St., Milwaukee, C U. S. Colonial Notes & U. S. general Wi. 53208 4633 Kurt Watts, 2222 East 3380 South, Salt Lake City, C Mormon & Confederate Ut. 84109 4634 Donald P. Krebs, 400 Osprey P1. Drive, Brielle, C N.J. 08730 4635 Richard C. Sneider, 2042 Howard Ave., Flint, Mi. C U. S. small-size notes 48503 4636 Warren P. Knoebel, P. 0. Box 162, New Berlin, C Small currency Wis. 53151 4637 A. T. Morris, 1355 Orlando Dr., Baton Rouge, La. C National Notes 70815 4638 Abbot Lutz, 1270 Ave. of the Americas, New York, D N.Y. 10020 4639 Michael Iacono, 168 Spring St., Medford, Ma. 02155 C Silver certificates, errors, FRN's and Na- tional Bank Notes 4640 George J. Hammel, 980 Kiely Blvd. #223, Santa C U. S. small notes & large notes Clara, Ca. 95051 4641 Paul H. Carlson, P. 0. Box 323, Clemson, S.C. C Foreign, general interest, insects illustrated 29631 on paper money 4642 Thomas S. Kneitel, P. 0. Box 56, Commack, N.Y. C Small size notes-silver certificates and legal 11725 tender 4643 Mark Louis Mendelson, P. 0. Box 37272, Cincinnati, C, D Oh. 45222 4644 SP/5 Allan T. Halldorson, 223 Rainbow Apt. #33, C Fractional and 1861 to 1923 large-size notes San Antonio, Tx. 78209 4645 E. Reeves Marvel, P. 0. Box 72, Delmar, De. 19940 C 4646 Robert I. Wheeler, 1119 Main St., Hampstead, Md. C 21074 4647 Leon Goodman, 3094 E. Livingston, Columbus, Oh. C Block collecting, silver certificates & legal 43227 tender of $1, 5 & 10, broken & Nationals of Columbus, Ohio 4648 Chad Mrkonjic, 756 Monmouth Rd., Windsor, D Paper money of world-general Ontario, Canada N8Y 3L2 4649 Charles Ziegenfus, 332 Franklin St., Harrisonburg, C National Bank Notes Va. 22801 4650 Kent E. Cady, 2123 No. # U.S. 1, Titusville, Fl. C Star notes 32780 4651 Wesley J. Lee, 252 Neponset Valley Pkwy., Hyde C, D Large & small-size U. S. curency Park, Ma. 02136 4652 Harvey Lee, Granite Terrace, Springfield, Pa. C Federal Reserve bank notes & large notes 19064 4653 Ray Carlsen, 1746 Bay St., Sarasota, Fl. 33577 C U. S. small currency 4654 Michael Barron D/B/A Shell, Metal Mfg. Corp., C, D U. S. large & fractional currency P. 0. Box 681, Freeport, N.Y. 11520 4655 Y. Ahuja, 1950 Kennedy Rd., #914, Scarborough, C, D India Ont., Canada M1P 4S9 4656 George B. Shupp, 600 Seminary Ave., Rahway, N.J. C, D Large notes & fractional currency 07065 4657 Gary E. Wolfe, P. 0. Box 94, Otis, Co. 80743 C, D National Currency 4658 V. J. Dannreuther, P. 0. Box 151, Anguilla, Miss. C,D 38721 4659 Sheldon Adler, 747 Main St., Manchester, Ct. 06040 D 4660 David M. Beach, 1322 2nd St., N.W., Watertown, C, D All large bills & obsolete S.D. 57201 4661 Calvin W. Kane, 8 Smithfield St., Pittsburgh, Pa. C, D National Currency-type notes 15222 4662 William F. Massey, Sr., 1424 Lafayette Lane, C Modern U. S. paper money Picayune, Miss. 39466 4663 W. Lance Parrish, P. 0. Box 747, Cayce, S.C. C, D Confederate, state & obsolete bank notes 4664 David W. Moore, P. 0. Box 32034, Fridley, Mn. C, D Large-size notes 55432 PAGE 160 Paper Money WHOLE NO. 68 4665 John R. Salldin, 615-C Chelsea Place, Newport, C Connecticut & Colorado obsolete notes News, Va. 23603 4666 Robert E. Jones, 675 Humboldt, Denver, Co. 80218 C Large currency 4667 Henry Schlesinger, 415 East 52nd St., New York, C U. S., fractional and large currency N.Y. 10022 4668 John R. Isted, 818 18th St., #A, Santa Monica, C, D U. S. large-size CA 90403 4669 Harold D. Pressel, Jr., 436 Hunting Park Lane, C Large & small size currency York, Pa. 17402 4670 Harry E. Eaton, P. 0. Box 238, Pomfret, Ct. 06258 Deceased Members 2400 Earl A. Mann 3754 William S. Marvel Resignations 2591 Warren Coin Club 4366 James D. Forte 2327 Edward J. Gluesing 3524 Arnold Stebbins 3424 Carl C. Lavery 713 Clyde H. Proper 3957 Lindsay M. McLennan 3208 Dr. Paul G. Abajian 4299 Thomas J. Ashe Specialty Ch ange 4059 Joseph F. Nowak Chinese Banknotes Changes of Address 4386 Arthur Aron, 7519 Maple Ave. #4, Takoma Park, 1733 Stanley W. Scieszka, 3619 Mt. Acomita Ave., San Md. 20012 Diego, Ca. 92111 4018 Sal J. Bonito, 333 W 57th St., Apt. 608, New 802 Neil J. Wimmer, 2324 Westover Terrace, Burling- York City, N.Y. 10019 ton, N.C. 27215 2559 Martin T. Gengerke, Jr., 32-54 83rd St., Jackson 898 Jim Tom Nichols, 71 Driftwood Village, Mesquite, Heights, N.Y. 11370 Tx 75150 4412 Leroy J. Bellisario, 50 Oak Hill Rd., Southboro, 4256 Charles E. Straub, P. 0. Box 14, Willimantic, Ct. Ma. 01772 06226 804 Richard G. Bowman, 115 Glencoe St., Denver, Co. 2511 J. T. Tommy Wills, Jr., P. 0. Box 77, Woodlands, 80220 Tx. 77373 2327 Edward J. Gluesing, 408 S. Albee Farm Rd., 3884 W. B. Patterson, 4060 Via Rio, Oceanside, Ca. Nokomis, Fl. 33555 92054 2572 Lawrence Becker, 9234 N. Lavergne, Skokie, IL 1991 David Schlingman, 8069 Stoddard, Kansas City, 60076 Mo. 64151 1223 Henry H. Clifford, 1048 Armada Dr., Pasadena, 3233 Jerry Williams, 2645 North, Beaumont, Tx. 77702 Ca. 91103 4584 Clark Poppell, 1217 Mesa Rd., Mare Island, Ca. 3239 Douglas D. Hunter, M.D., 3000 Lawrence Ave. 94592 East, Suite 211, Scarborough, Ont. Can. 1830 C. C. Schlather, P. 0. Box 15568, Phoenix, Az. M1P 2V3 85060 3857 Winfield A. Becker, Jr., 119 Wood Lane, Haver- 3943 Joe C. Elliott, P. 0. Box 10325, Kansas City, Mo. town, Pa. 19083 64111 2565 Robert Cornell, 270 Maple St., Springfield, Ma. 3443 Douglas E. Robinson, P. 0. Box 26, Cascade 01105 Summit, Or. 97418 3327 Walter Michael Holmes, 125 Aspen Ave., Spring 4415 Ricky Lee Smith, 2203 Briacliff Rd., Apt. #3, Meadows, Sinking Springs, Pa. 19608 Atlanta, Ga. 30329 2962 David D. Cameron, Apt. #9, 4602 Okeechobee Rd., 4356 Matthew T. White, 904 Southerly Rd., Baltimore, Fort Pierce, Fl. 33450 Md. 21204 3421 Paul P. Hawley, 6944 Old Whiskey Creek Dr., 166 Matt Rothert, Sr., 656 Graham St., Camden, Ark. Fort Myers, Fl. 33901 71701 3927 Williard N. Blair, 405 S. Roardway, Coalgate, Ok. 3379 D. R. Sullivan, P. 0. Box 101, Oreana, IL 62554 74538 4378 James L. Sneed, 4302 Pickwick Cir. #307, Hunt- 2170 M. Drillich, 30 Bay 29th St., Brooklyn, N.Y. 11214 ington Beach, Fl. 92649 2348 Joseph M. Homitch, P. 0. Box 30052, Seattle, 4454 John P. Rahm III, P. 0. Box 69A Colonial Dr., Wash. 98103 Perkiomenville, Pa. 18074 2100 Rev. G. F. Esser, St. Joseph's College, Rensselaer, 1696 D. J. Torrance, 31423 Marne Dr., Rancho Palos Ind. 47978 Verdes, Ca. 90274 4264 Robert Jackson, 5825 Terrace Park Dr., Dayton, 2309 Glenn Hershberg, P. 0. Box 1639, Elko, Nv. 89801 Oh. 45429 3526 W. K. Raymond, 3212 1/z N. Isabel, Rosemead, Ca. 3870 John D. Bastolich, Apt. 202, 3804 Highcrest Rd., 91770 N..E, Minneapolis, Mn. 55421 3353 Stephen Tebo, 3141 28th St., Boulder, Co. 80302 3278 Joseph A. Esposito, Box 4222, Pompano Beach, 4306 John E. Hamm, P. 0. Box 29652, Dallas, Tx. Fl. 33063 75229 4349 Carl E. Kaleta, 5133 Glen Verde Dr., Bonita, Ca. 380 Leonard M. Rothstein M.D., 2503 Velvet Valley 92002 Way, Owings Mills, Md. 21117 3634 Otto V. Barlow, Box 2043, Santa Barbara, Ca. 2623 George B. Tremmel, 422 Cool Springs Dr., 93120 Camden, S.C. 29020 iitr,(01 -jaLET /0111.40**09,th.to svirudsuism. r.i.11..91eX4131.11114.1WJAr. TWA r war PR, cif itj.413,- S (11 N.014":"1 " 1"li 122+74ac) 41..Lik1N PR GS if, Paper Money PAGE 161WHOLE NO. 63 3531 Kenneth W. Fabian, 17224 Los Banos, Hayward, Ca. 94541 3860 Robert Kravitz, 12342 Bennington Pl., #23, St. Louis, Mo. 63141 4103 Ted J. Becker, 840 Park Place, Williston, ND 58801 4382 Kent Froseth, c/o International Coin, P. 0. Box 23008, Minneapolis, Mn. 55423 597 Frederick E. Kennedy, 501 4th St., N.W., Demotte, Ind. 46310 4493 LCDR William T. Broder, Comm. Bldg 6 10, NAS Corpus Christi, Tx. 78419 2646 William J. Farrell, M.D., 87 Linla Lane, Schenec- tady, N.Y. 12304 3651 Richard L. Mark, 7 Beechwood Dr., Clifton Park, N.Y. 12065 1742 Phil A. MacKay, Drawer J, Osceola, Mo. 64776 4599 Jerry R. Roughton, 2002 Carpenter St., Greens- boro, N.C. 27403 4475 Charles G. Walker, 63 Falcon Rd., Livingston, N.J. 07039 764 John J. Murphy, 42 Viola St., Lowell, Ma. 01851 4409 Louis A. Romero, 5111 Harold Way, Apt. 204, Los Angeles, Ca. 90027 4197 Robert B. Walter, c/o Glenbrook Coin Shop, 253 Hope St., Stamfort, Ct. 06906 2314 John A. Moran, Jr., 420 Dickinson Dr., Devils Lake, Mo. 58301 1997 Major Donald W. Schleicher, Hq JUSMAG-K P. 0. Box 33, APO San Francisco 96302 4019 Richard E. Reed, Apt. 103, 9120 Fontainebleau Blvd., Miami, Fl. 33172 742 Jerome H. Remick, P. 0. Box 9183, Quebec, G1V 4B1, P.Q., Canada 2891 Richard H. Skillin, 2581 Hypoluxo Rd., Lantana, Fla. 33462 3192 SFC Howard A. Daniel III, ODCSI, Systems Division, APO New York 09403 3116 Gary F. Morrow, Northlake Office Park Bldg., Suite 580, 2310 Parklake Dr., N.E., Atlanta, Ga. 30345 577 David F. Paskausky, Apt. 1B, 2614 Ft. Farns- worth Rd., Alexandria, Va. 22303 3354 Fredric G. Mantei, Jr., P. 0. Box 720, Garden City, N.Y. 11530 3462 Robert J. Galiette, 114 Mapleridge Dr., Water- bury, Ct. 06705 1234 Robert J. Rooks, 407 Tangle Dr., Jamestown, N.C. 27282 2854 Tom Wass, Suite 210, 9601 Wilshire Blvd., Beverly Hills, Ca. 90210 3229 William J. Waken, 1716 S. Van Buren, Enid, Ok. 73701 2484 Joseph R. Mileham, 3123 So. Dirksen Parkway, Springfield, Il. 62703 WANTED OBSOLETE PAPER MONEY (Bank Notes, Script, Warrants. Drafts) of the AMERICAN WEST Oregon. California, Idaho, Nevada, Arizona, Utah. Mon. tang. New Mexico, Colorado: Dakota, Deseret, Indian, Jefferson Territories! Cash paid, or fine Obsolete Paper traded. Have Proof notes from most states, individual rarities, seldom seen denominational=_, Kirtlands, topicals; Colonial, Continental; CSA, Southern States notes and bonds. Also have duplicate Western rarities for advantageous trade. JOHN J. FORD, JR. P. O. BOX 33, ROCKVILLE CENTRE, N. Y. 11571 FLORIDA NOTES WANTED ALL SERIES • Also A Good Stock Of Notes Available WARREN HENDERSON P. 0. BOX 1358, VENICE, FLA. 33595 PAGE 162 Paper Money WHOLE NO. 63 MONEY MART FOR USE BY MEMBERS OF THE SOCIETY ONLY PAPER MONEY will accept classifield advertising from members on a basis of 5c per word, with a mini- mum charge of $1.00. The primary purpose of the ads is to assist members in exchanging, buying, sell- ing, or locating specialized material and disposing of duplicates. Copy must be non-commercial in na- ture. At present there are no special classifications but the first three words will be printed in capital letters. Copy must be legibly printed or typed, accompanied by prepayment made payable to the So- ciety of Paper Money Collectors, and reach the Editor, Barbara R. Mueller, 225 S. Fischer Ave., Jeffer- son, Wis. 53549 by the 10th of the month preceding the month of issue (i.e., Dec. 10, 1975 for Jan. 1976 issue). Word count: Name and address will count for five words. All other words and abbrevia- tions, figure combinations and initials counted as separate words. No check copies. 10% discount for four or more insertions of the same copy. Sample ad and word count: WANTED: CONFEDERATE FACSIMILES by Upham for cash or trade for FRN block letters. $1 SC, U. S. obsolete. John Q. Member, 000 Last St., New York, N. Y. 10015. (22 words; $1; SC; U. S.; FRN counted as one word each) ( Because of ever-increasing costs, no receipts for MONEY MART ads will be sent unless specifically requested.) 1907 DEPRESSION SCRIP wanted from Iowa, South Carolina, Montana, Wisconsin, Georgia, Maine and several other states. Write to Torn Sheehan, P.O. Box 14, Seattle, WA 98111 (66) SET 12 CRISP, uncirculated $2 Federal Reserves, one from each district, $31 postpaid, insured. James W. Seville, Drawer 866, Statesville, NC 28677 (65) PAPER MONEY MAGAZINES: nice set of whole num- bers one through thirteen wanted. I seek all types of Con- necticut paper, especially uncut sheets. Thanks. Robert Galiette, 114 Mapleridge Dr., Waterbury, CT 06705 SPRINKLE HAS UNCUT sheets of Cuba bills available. I am buying stock certificates, bonds. Frank Sprinkle, Box 864, Bluefield, WV 24701 45 BROKEN BANK note sheets for sale by mail bid to highest bidder. Send stamp for list closing June 15. E. B. Overlock, 66 Presidents Road, Buzzards Bay, MA 02532 1976 BICENTENNIAL GREETINGS: This old farmer boy wants only one of the 12,500 issued hometown Pleasanton, Kansas Nationals. Thanks. Ed Keck, 5700 Carbon Canyon, Brea, CA 92621 WANTED NEW YORK obsolete and National Currency. Especially from Mid-Hudson, Catskill area. Need N.B. of Wappingers Falls, charter number 9326. Martin Mohnach, Dogwood Hill Rd., Wappingers Falls, NY 12590 FOR SALE: $20.00 VF FRN 1969-A Richmond district with L.R. "5" in border. $32.50. Henry D. Blumberg, Box 109, Little Falls, NY 13365 HARPER, KANSAS 8307: I need notes on this charter number. R. Duphorne, Box 3753, Albuquerque, NM 87110 WANTED IOWA CURRENCY. Obsolete and Nationals, especially Council Bluffs banks. Will buy or trade for. I have many obsolete northern and southern state notes, fractionals and odd denominational notes for trade. David Linberg, Bus. Dir., Mercy Hospital, 800 Mercy Dr., Council Bluffs, Iowa 51501 (65) MISSOURI CURRENCY WANTED: Large-size Na- tionals, obsolete notes and bank checks from St. Louis, Maplewood, Clayton, Manchester, Luxemburg, Carondelet and St. Charles. Ronald Horstman, Rt. 2, Gerald, MO 63037 (67) WANTED: CONNECTICUT OBSOLETE notes, scrip, checks, coins, tokens, etc. Also interested in National Cur- rency from Windham National Bank charter #1614. Charles E. Straub, P. 0. Box 14, Willimantic, CT 06226 (65) MORMON-SCOUT-OLD newspapers-documents wanted. Large quantities only. Harry L. Strauss, Jr., Box 321, Peekskill, NY 10566 (73) WANTED: GEORGIA OBSOLETE currency, scrip. Will pay fair prices. Especially want—city, county issues, Atlanta Bank, Bank of Athens, Ga., R.R. Banking, Bank of Fulton, Bank of Darien. Pigeon Roost Mining, Monroe R.R. Banking, Bank of Hawkinsville, La Grange Bank, Bank of Macon, Central Bank Miledgeville, Ruckersville Banking Co., Bank of St. Marys, Bank of U.S., Central R.R., Marine Bank, Cotton Planters Bank. Many other issues wanted. Please write for list. I will sell duplicates. Claud Murphy, Jr., Box 921, Decatur, GA 30031 (64) WANTED: HAWAII AND North African notes in AU or better condition. Joe De Corte, 13917 Rosecrans Ave., Santa Fe Springs, CA 90670 (64) KANSAS BANKNOTES WANTED: serious collector seeks National Banknotes from Kansas and interesting notes from other states. Please price and describe. C. Dale Lyon, Box 1207, Salina, KS 67401 (68) MAKE BEST OFFER: (all circulated but crisp) Stars: $1 B04538099*; $5 D05165342*; $10 B02503656*, B23587289*, B23186005 5 ; $100 B00344217*, L01089141*, L00475300*, B00872596*, B00896205*; also $100 G1029- 4122A (Chicago) Series of 1934, signed by Julian & Vinson. Dr. L. Boyar, P.O. Box 942, New York, NY 10023 (64) NEW JERSEY CURRENCY wanted. Colonial, obsolete notes/sheets, scrip and checks. I have some duplicate notes for trade. John J. Merrigan, Jr., 2 Alexandria Dr., East Hanover, NJ 07936 (65) CLEARINGHOUSE CERTIFICATES AND checks pay- able only through a clearinghouse wanted by collector and researcher. Have varied items for trade. Tom Sheehan, P. 0. Box 14, Seattle, WA 98111 (63) FRENCH INDO-CHINA, VIETNAM banknotes, MPC wanted. Duplicates traded. Describe and price first letter. (ANA 10 550). Mervyn H. Reynolds, P. 0. Box 1355, Fort Eustis, VA 23604 (66) WANTED NEW JERSEY large and small size National Bank Notes. Write with full description and price. Robert W. Hearn, P.O. Box 233, Hackensack, NJ 07602 (66) WANTED: FIRST THREE volumes of Paper Money. Whole numbers 1 to 13 incl. W. H. McDonald, P.O. 704, Station "B", Willowdale, Ont. M2K 2P9 (64) FRACTIONAL CURRENCY • FOR SALE NEW ILLUSTRATED LIST NOW AVAILABLE • WANTED Any and all Fractional or related materia ti (books, Spinner items, etc.). Sell to a specialist for the best possible offer. • LEN AND JEAN GLAZER P. O. BOX 111 FOREST HILLS, NEW YORK 11375 ANA SPMC CONTINENTAL & COLONIAL PAPER MONEY FOR SALE 5-day return privilege. Satisfaction or an immediate cash refund. Send for our next list- ing of paper money, free for the asking. Includes Nationals, large-size type notes, frac- tional, etc. CONTINENTALS 5/10/75 $6 VF $55; $7 VG-F $30 11/29/75 $7 Almost VF $50 2/17/76 $1/3 PI B VG $25; $1 AU, red sig and serial not legible $75 $3 XF-AU $60; $5 Fine $30; another in CU. Trim touches at R, fresh and bright ....$90; $7 AU, choice ....$85 5/ 9/76 $7 VF $40 7/22/76 $6 AU ..$125; $8 VF-XF, scarce $80 11/ 2/76 $30 CU, fresh and bright, large mar- gins $250 2/26/77 $30 Superb Gem. Corner sheet mar o ins at L & T. Fantastic note $350 4/11/78 $40 Contemporary Counterfeit. "Eorty" variety. Choice AU $325 9/26/78 $5 G-VG ....$10; Same, CU, narrow margin at L ....$90; $8 F-VF ....$25 $30 CU ....$100; $60 AU $70 1/14/79 $2 AU $75; $5 XF, stain $40 $40 CU, sheet margin at R $100 $55 CU $100; $70 CU, very faint toning on one edge of rev $125 CONNECTICUT 6/ 7/76 2sh F-VF. Slash cancel $25 6/19/76 6d XF ....$50; 9d CU, slash can $50 10/ 1/77 2d, blue Fine, slash cancel $20 4d, blue VF, uncanceled $40 7/ 1/80 20sh. VF+. Slash cancel $30 DELAWARE GEORGIA 1776 $4 Liberty Cap. XF, an exquisite note. Bright, no sign of age, sharp sigs $850 MARYLAND 4/10/74 $4 XF, crisp 5- fresh $45 12/ 7/75 $1/3 or $1 in VG $15 each; $4/3 or $4 in G-VG $12 each. 8/14/76 $2/3 Good $8; Same, VG $16 MASSACHUSETTS 10/18/76 6d Codfish & Pillars. Paul Revere plate. VG-F, especially sharp Pine Tree re- verse $160 10/16/78 3d Good+. Age, repair $75; 8d, Fine. Reverse especially sharp. A choice Revere note $170 1779 4sh Fine, some age but design strong $180 4sh-F8d. XF or better. Outstanding $300 5/5 /80 $1 AU, hole cancel ....$30; $5 VF, hole cancel ..$18; $20 VF, hole cancel ....$18 NEW HAMPSHIRE 1729 4 pounds. Unsigned reprint described by Newman. AU, with small chunk out of TL margin $125 11/ 3/75 40sh. VF-XF. Very attractive $325 5/ 1/58 6/ 1/59 1/ 1/76 5/ 1/77 20sh Ben Franklin. VG, horiz fold strengthened. Reverse credits quite clear $90 18d AG, backed ..$35; lOsh G+ $70 15sh VG ..$95; 20sh nearly Fine ....$160 21/2sh VF-XF, minor age $35; 4sh choice AU $65; 5sh CU Gem $100; 6sh CU $90 21/2sh Fine+ ....$45; 20sh Fine ....$40; 20sh Fine+ $45 NEW JERSEY 4/ 8/62 3 pounds. PI B. Good, scarce $38 12/31/63 18d, PI A. CU, fresh $150 3/25/76 18d, PI C CU $70; 12sh, PI A CU $75 6/ 9/80 $1 AU, irregular lower margin $85 1786 1 sh. About Good. Vertical centerfold strengthened and area of discoloration near center. Still a Colonial of Great Rarity ..$150 DON. C. KELLY BOX 85 OXFORD, OHIO 45056 513.523-3805 MORE COLONIALS FROM DCK NEW YORK 4/15/58 5 pounds. VG+. High-grade note for this issue $100 4/ 2/59 5 pounds. VG+ $100; 10 pounds, Fine though some separation along centerfold $1 15 2/16/71 10 pounds. Fine+, a few edge splits as usual $60 8/25/74 4sh. First Water Works issue. F+ $40 9/ 2/75 $10 VF. Red sig of Denning is faint. Too cheap at $100 3/ 5/76 $2/3 F-VF ....$60; Same, AU $110 NORTH CAROLINA 12/71 1 Osh VF, sigs weak $145 4/ 2/76 $ 1/4 Shark. Good. Repaired and backed $45; $2 Fawn G-VG, attractive $120 5/15/79 $5 "Be Freedom." Nice VF $125 PENNSYLVANIA 6/18/64 20sh PI A VG, Ben Franklin $85 Another, nearly Fine, with 3 strong sigs Neave, Stretch, Bringhurst $140 3/20/71 1 Osh, PI A. Vivid red & black, VG-F Collins, Shoemaker, Howell sigs ....$70 20sh, PI B. VF $100 10/ 1/73 50sh CU, lovely type note $80 3/25/76 16sh Lighthouse note. XF-AU $110 10/25/76 2sh CU Gem $85 12/ 8/75 40sh PI A. CU, one sig faint $60 4/10/77 3d PI C. VG $15; 12sh VF $25 RHODE ISLAND 1/15/76 20sh VG-F. Light ageing. Strong sigs of Arnold, Congdon, and Wanton. A very difficult series $225 5/86 Uncut Pane of 4 notes, 3, 5, 6, 10 shillings. Folded between notes, horiz fold is partially separated. Good display item $275 VIRGINIA 3/ 1/81 $100 G-VG. Edge splits & flaking of upper border. Cheap enough $40 13 COLONY SET - PLUS - 3 CONTINENTALS * Consists of the following 16 Notes: Continentals. 5/10/75 $8 Fine+ 2/17/76 $1/3 VG 1/14/79 $65 VF Connecticut 6/7/76 1 sh Fine+ Delaware 1/1/76 lOsh VF-XF Georgia 1777 $3 VF (preservative on rev) Maryland 12/7/75 $8 VG Massachusetts 5/5/80 $3 VF, hole cancel New Hampshire 4/29/80 $5 VG, hole cancel New Jersey 3/25/76 1 sh VF New York 3/5/76 $1 XF North Carolina 8/8/78 $10 Fine Pennsylvania 4/25/76 40sh VF Rhode Island 1786 2 pounds XF-AU South Carolina 6/1/75 5 pounds Fair-Good Virginia 10/7/76 $10 VF A splendid set-ready for exhibition $850 DON. C. KELLY BOX 85 OXFORD, OHIO 45056 513-523-3805 LINI1ED STAT,S NATIONAL CURRENCY s'.•. mom. I %Yam ma* UN) FED -STATES FEDERAL RESERVE NOTES 1 UNI1ED STATES FEDERAL RESERVE NOTES SERIES 19131111 ur4 F IS STATES SMALL SIZE CURRENCY r4 I E r A E S • EXPERIMENTAL ISSUE 1•- N 7 F STATES EMERGENCY SERIES ••••• CUT. YU Alr. , . ON It MOYAI. • LI% In a.m....Si UNI ,D STATES LEGAL TENDER NOTES '""-v • • Dull ED STATES SILVER CERTIFICATES r-- UNII'ED STATE, GOLD CERTIFICATES [ • • •• - - w - - For An Award Winning Collection MOUNT YOUR U.S. PAPER MONEY ON Wicen • IX CURRENCY ALBUM PAGES The following sets of PHOENIX CURRENCY ALBUM PAGES and mounts will accommodate ALL small size U.S. currency issued from 1928 to date. Legal Tender Notes Series Capacity Retail L-01 One Dollar 1928 1 .50 L-02 Two Dollars 1928-63A 14 3.25 L-05 Five Dollars 1928-63A 12 2.50 L-3B Any Denomination ANY 18 3.00 Silver Certificates S-EA Emergency Issue - Africa 1934-35A 3 1.00 S-EH Emergency Issue - Hawaii 1934-35A 4 1.00 S-RS Experimental Issue - "R" & "S" 1935A 2 .50 S-3B Any Denomination ANY 18 3.00 Cold Certificates G-01 Ten and Twenty Dollars 1928 2 .50 National Currency N-05 Any Denomination 1929 12 2.50 N-3B Any Denomination 1929 18 3.00 Federal Reserve Notes-$1. District Sets 01-1 Granahan-Di I Ion 1963 12 2.50 01-2 Granahan-Fowler 1963A 12 2.50 01-3 Granahan-Barr 1963B 5 1.50 01-4 Elston-Kennedy 1969 12 2.50 01-5 Kabis-Kennedy 1969A 12 2.50 01-6 Kabis-Connally 1969B 12 2.50 01-7 Banuelos-Connally 1969C 10 2.25 01-8 Banuelos-Shultz 1969D 12 2.50 01-9 Neff-Simon 1974 12 2.50 Blockletter and Federal Reserve Notes-$1. Star Note Sets 01-1B Granahan-Dillon 1963 34 7.25 01-2B Granahan-Fowler 1963A 70 14.75 01-3B Granahan-Barr 1963B 13 3.00 01-4B Elston-Kennedy 1969 36 7.50 01-5B Kabis- Kennedy 1969A 32 6.75 01-6B Kabis-Connally 1969B 35 7.50 01-7B Banuelos-Connally 1969C 25 5.50 O1-8B Banuelos-Shultz 1969D 44 9.25 01-9B Neff-Simon 1974 20 4.25 Federal Reserve Notes F-3B Any Denomination ANY 18 3.00 Small Size Currency AP-3B All Purpose (Errors, radars, etc.) ANY 18 3.00 ALL PHOENIX CURRENCY ALBUM PAGES fit any standard three-ring loose-leaf binder. Please include 50c for postage & handling on all orders. VALLEY COIN SHOP 695 WASHINGTON ST., SO. ATTLEBORO, MA 02703 NEW YORK STATE NATIONALS WANTED ALL SIZES AND TYPES Amityville 8873 Freeport 11518 Mineola 9187 Babylon 4906 Glen Head 13126 Mineola 13404 Babylon 10358 Great Neck 12659 New York City (Dunbar N.B.) 13237 Baldwin 11474 Greenport 334 Northport 5936 Baldwin 13062 Greenport 3232 Oceanside 12458 Bay Shore 10029 Hampton Bays 12987 Patchogue 6785 Bellmore 11072 Hempstead 4880 Patchogue 12788 Bellport 12473 Hempstead 11375 Port Jefferson 5068 Bridgehampton 9669 Hicksville 11087 Port Washington 11292 Cedarhurst 11854 Huntington 6587 Port Washington 13310 Central Islip 12379 Inwood 12460 Riverhead 4230 Cutchogue 12551 Islip 8794 Rockville Center 8872 East Hampton 7763 Kings Park 12489 Rockville Center 11033 East Islip 9322 Kings Perk 14019 Roosevelt 11953 East Northport 12593 Lake Ronkonkoma 13130 Roslyn 13326 East Rockaway 12818 Lindenhurst 8833 Sayville 5186 East Setauket 11511 Long Beach 11755 Seaford 12963 Eastport 13228 Long Beach 13074 Smithtown Branch 9820 East Williston 13124 Lynbrook 8923 Southampton 10185 Farmingdale 8882 Lynbrook 11603 Valley Stream 11881 Floral Park 12449 Manhasset 11924 West Hempstead 13104 Franklin Square 12997 Mattituck 13445 Westbury 11730 Freeport 7703 Merrick 12503 Woodmere 12294 I also need Obsolete Currency and Scrip from any of the above listed towns as well from: Suffolk County Bank of Sag Harbor ORIENT POINT SOUTHOLD SAC HARBOR GLEN COVE GREEN PORT PORT JEFFERSON Interested also in Chicago, Illinois #12227—Douglass National Bank. I will also buy old "Satirical" and fantasy cartoon currency poking fun at political candidates. Also needed are any bills with numbers similar to 20202020, 0202020, etc. DR. ALAN YORK NUMBER ONE MAIN STREET, EAST HAMPTON, NEW YORK 11937 516-324-1024 At their NEW SHOWROOMS in the Strand Stanley Gibbons Currency have something to tempt the most discerning collector ******************** -0( MILITARIA AUCTION at the 4( Imperial War Museum 5th -4( May 1976, Banknotes, 4( Medals, Maps and Stamps. ir All with a military flavour. 1 Catalogue from the ImperialWar Museum or StanleyGibbons Auctions Limited. ..x Price £1. * l'********4-4-**********f Stanley Gibbons Currency, the world's leading specialists in paper money and dealers in rare and beautiful coins, cordially invite you to visit them at their new showrooms, now open to the public at 395 Strand. Here, you will be able to view, at your leisure, banknotes from almost every country in the world, together with some of the most ancient and beautiful coins ever struck. Our friendly staff will be in attendance to advise you with any enquiries you may have and as an extension to our 'Service to Collectors' the new showrooms will be open 9 am to 5.30 pm Monday — Friday and from 9.30 am to 12.30 pm on Saturday mornings. STANLEY GIBBONS CURRENCY LIMITED 395 STRA\D, L0\90\ WC2R OLX, E\GLA\D $10 SILVER CERTIFICATE 1933 AA EF $1065.00 $10 SILVER CERTIFICATE 1934B AA Choice CU 565.00 (BOTH OF THE ABOVE HAVE EVEN MARGINS) SPECIAL: $5 1934A North Africa K44 (Fifth Issue) CU $35.00 $1 SILVER CERTIFICATES 1928C DB F+ 1 1 5.00 1935A North Africa CU 23.50 1928C FB F+ 135.00 1935A N. Africa *A F/VF 75.00 1928C HB VG/F 60.00 1935A Hawaii *A EF 125.00 1928C IB F 135.00 1935A CD CU 75.00 1928D CB VG/F 75.00 1935C KD CU 60.00 1928D GB AU 185.00 1935D (W) KG CU 30.00 1928D IB F 65.00 1935D (W) LG CU 80.00 1928E HB VF 335.00 1935D (W) MG VF 60.00 1928E 1B EF 515.00 1935D (W) "C AU 110.00 * * * * * * * $1 SC 1935A MULE $2 USN 1928 AA $5 SC 1934B *A $5 SC 1953B *A $10 SC 1934A North Africa *A * * * * * * CU CU EF VF/EF AU $12.00 35.00 45.00 235.00 60.00 $50 FRBN 1929 B° VF+ 135.00 $100 FRBN 1929 J 0 Choice CU 340.00 $10 GC 1928 AA Nice AU 45.00 $5 FRN 1928 DA CU 40.00 $20 GC 1928 AA AU 45.00 $5 FRN 1928 KA CU 40.00 $50 GC 1928 AA AU/CU 235.00 $10 FRN 1928 CA CU 40.00 (The above note would be a slider.) $10 FRN 1928 I* F 40.00 -CLOSE-OUT SPECIAL $20 FR.N 1928 IA CU 45.00 $10 SC 1934A N. Africa VF 15.00 $10 FRN 1928B AA DGS CU 25.00 * * * * * * * * * * * * * $1 SC 1935A Hawaii C0000375xC CU 35.00 $1 SC 1935G (NM) C000007xxJ CU 8.00 $1 SC 1957 Plates #1 A000036xxA CU 6.00 $1 SC 1957B E000012xxA CU 3.50 $1 SC 1957B S000012xxA CU 3.50 $1 FRN 1963A J7x777777A CU 10.00 $1 FRN 1963A J8x888888A CU 10.00 $1 FRN 1974 H6666666xA CU 10.00 $1 FRN 1974 H66666x66A CU 6.00 I don't work with Large or Nationals. The following are all I have. They are some good ones! FR 36 $1 1917 Legal (Red Seal) Star B, Nice AU 200.00 FR 238 $1 1923 S. C. (Blue Seal) Star D CU 85.00 FR 756 $2 1918 FRBN Philadelphia (Battleship) Nice EF 90.00 FR 846 $5 1914 FRN Boston Star A F+ 40.00 The note listed below is believed to be less than three known. FR 652 $20 1902 The First N.B. of Camden, Ohio M8300 VG 215.00 (Signatures have faded.) $10 1929 TI The First N.B. of Birmingham, Ala. 3185 VF 28.00 $20 1929 TI The First N.B. of Miamiburg, Ohio 3878 VG+ 45.00 (The above has S/N F000005A and Face Plate #1. Nice name.) $50 1929 TI The Bishop N.B. of Honolulu, Hawaii 5550 VF 165.00 * * * * * * * * * * * * * -FULL RETURN PRIVILEGES- Man y other Small SC's and USN's available.-1 also BUY small. GRAEME M. TON, JR. 203 47th STREET GULFPORT, MISS. 39501 (601) 864-5244 AFTER 1 P.M. SPMC PMCM This Could Be Your Last Opportunity To Obtain A Copy Of The Exciting Publication ... Sixteen NATIONAL BANKS AND THE MINING CAMPS THAT SIRED THEM LESS THAN 100 COPIES AVAILABLE All 16 original Nevada bank structures are illustrated as they were! Charter 1331—Austin, Nevada F.N.B. first bank to be chartered west of Denver. Charter 2478—Reno, F.N.B. Issued only $20. F.C. notes, illustrated. Charter 3575—Winnemucca, F.N.B. Only Nevada N.B. to issue Brown Backs, illustrated. Charter 7038—Reno, Farmers & Merch., N.B. 4-3rd. Ch. and 5-1929-35 notes illustrated. Charter 7654—Lovelock, F.N.B. One 3rd. Ch. and 2 1929-35 notes illustrated. Charter 7743—Elko, F.N.B. 4-3rd. Ch. and 3 1929-35 notes illustrated. Charter 8424—Reno, Nixon N.B. only Nevada N.B. to issue $50 and $100 notes. Charter 8530—Tonopah, Nev., F.N.B. One 3rd. Ch. note and one 1929-35 note illustrated. Charter 8561—Ely, F.N.B. One of 2 national banks still in operation, 5 notes illustrated. Charter 8686—Rhyolite, F.N.B. site of a great gold discovery, petered out in 3 years. Charter 9078—Goldfield, F.N.B. only one note has survived, $5. red seal, illustrated. Charter 9242—Carson City, F.N.B. The bank structure is now a bingo parlor. Charter 9313—Ely, Ely N.B. operated for 63 years. 2 1929-35 notes illustrated. Charter 9452—McGill, McGill N.B. Third Ch. note and scarce $20. Ty-2 note shown. Charter 9578—East Ely, Copper N.B. $10. and $20. third charter notes are shown. Charter 11184—Eureka, Farmers £7 Merch. N.B. only issued small size notes, 3 shown. Histories and a complete listings of notes issued to each bank are shown. In all there are 53 different notes illustrated, 26 large and 27 small notes, plus 5 sheets and a part sheet. Note: This a limited edition and will not be reprinted. EXCERPTS—From What Is Being Written About The Nevada "Sixteen" Warns' classic book on the Nevada national banks is a perfect example of how numismatics and syngraphics tie in with all respects the Frontier West, with the gold rushes, Wells Fargo, Virginia City, the Comstock and just about every- thing connected with the early development of Nevada and its fabulous gold mines. Morey Perlmutter, Western Americana specialist. This book's title, already long enough, might well have included the words "A Pictorial History of" since well over half its contents are reproductions of documents, bank notes and related pictures of early Nevada. Merely gathering this docu- mentary material was an awesome task and undertaking. Maybe one sentence from the State Archivist sums it all up : "Many unknown facts and history are to be found within its many pages." American Numismatic Association, Review by Glenn B. Smedley. A review of your book, "The Nevada 'Sixteen' " will appear shortly in our Society's quarterly publication. Banking is one of those subjects in Nevada's history which never seemed to have been written about. Nevada Historical Society, Ralph Earle, curator. S.P.M.C. MEMBERS ONLY $15.00 - SAVE $2.50 (PRICE TO NON-MEMBERS $17.50) Mail Your Check To M. 0. WARNS Publication Fund POST OFFICE BOX 1840, MILWAUKEE, WIS, 53201 MAKING MONEY at the PHILADELPHIA MINT and the AMERICAN BANK NOTE COMPANY A 36-page reprint of the famous articles which originally ap- peared in Harper's New Monthly Magazine in 1861 and 1862. Beautifully illustrated with dozens of fine-line woodcut en- gravings. $2.95 plus .40 first class postage. N.Y. residents please add 7% tax. G. A. FLANAGAN P. O. BOX 191, BABYLON, N.Y. 11702 The Hickman and Oakes NATIONAL BANK NOTE LIST NO. 54 will be ready for mailing in May. I f you are not on our regular list, send $1 to receive the next three copies of this outstanding regular list, which includes notes from all charter periods, and usually representative notes from at least 47 of 50 states. Our sealed Mail Bid Sale was a tremendous success-237 lots sold, bringing record prices. This catalogue will be a valuable refer- ence. If you have not received a copy of the caatlogue and prices realized, we have a few available for $2.50. We also will pro- vide a hardbound copy, @ $7.50. HICKMAN and OAKES P. 0. BOX 1456 IOWA CITY, IOWA 52240 WANTED IOWA IOWA IOWA NATIONAL BANK NOTES IOWA From the following IOWA cities and towns: Adair Estherville Holstein Marshalltown Afton Floyd Ida Grove Nashua Belmond Fort Madison Ireton Northboro Blockton Garden Grove Jesup Olin Brighton Gilmore Lansing Orange City Brooklyn Goldfield Lawler Sanborn Clutier Grafton Lineville Sutherland Coin Hamburg Linn Grove Wesley College Springs Harlan Lisbon Dike Harris Macksburg Please state condition and price or send insured for my fair offer to WILLIAM R. HIGGINS, JR. BOX 64, OKOBOJI, IOWA 51355 ANA Life #109 SPMC #2950 MISSOURI NATIONALS WANTED • Will Buy Any Condition If I Need The Bank. Keenly interested in Uncut Sheets & other material pertaining to National Banks from 1863-1935. List information and prices in first letter and send for prompt action to: • FRED SWEENEY KANSAS CITY, MO 64111 BOX 10144 $10.00 3rd Charter period. The First National Bank of Hawaii at Honolulu, territory of Hawaii. Charter No. 5550, Very Fine $875.00 $10.00 National Gold Bank Note, Series of 1875, Charter No. 2193, The First National Gold Bank of Petaluma. Serial No. 244. Printed on white paper. Presently Unique. Very good ....$3,850.00 $10.00 Second Charter Brown Back, Charter No. 5587, The Exchange National Bank of Alva, territory of Oklahoma. Serial Number One, Very Fine $3,500.00 $10.00 Second Charter Brown Back, Charter No. 5129, The First National Bank of Durant, Indian territory, fine condition $2,600.00 $10.00 First Charter Period, Charter No. 2614 Series of 1875, The First National Bank of Al- buquerque, territory of New Mexico. About very fine $3,250.00 $20.00 National Gold Bank Note, Series of 1875, Charter No. 1741, The First National Gold Bank of San Francisco, Serial No. 860. Printed on white paper. Presently only 3 exist. Very fine $4,850.00 $100.00 Friedberg 378 Coin or Treasury Note of 1891. Finest known of a possible eight surviv- ing. Most of the eight surviving are taped, cor- ners restored, corners burnt or very low grade. Very Fine and Very Beautiful, ex. Philpott $17,500.00 WOODCLIFF INVESTMENT CORP. P. 0. BOX 135 LODI, N.J. 07644 Phone (201) 327-1141 Christie's 3Ete aid and sifICl2 1766 An Important Collection of W. H. Lizar's Printer's Proof Banknotes On Tuesday, May 25th at 11:00 A.M. Christie's hold regular sales of coins, medals and banknotes. Our expert Raymond Sancroft-Baker will be pleased to offer advice to those wishing to buy or sell. For further information please con- tact him at the address below: 8 KING STREET, ST. JAMES'S, LONDON SW 1 Tel: (01) 839 9060 Telex: 916429 Telegrams: Christiart, London SW1. WANINEIR KANSAS NATIONALS Is0 .th'illSOU N81101101 "S" . I te 4,A.1 A TYPE NOTES WANTED NATIONAL CURRENCY ... 1882 BB $10 #170 St. Louis, Mo. VF 95.00 1902 $20 #4137 Marinette, Wi. VG/F 55.00 1902 $10 #4631 Lead, SD VF/XF 275.00 1902 $5 #4605 Chicago, III. AU 65.00 1902 $5 Albuquerque, NM Good 75.00 1902 $50 #E891 NY, NY XF 195.00 1902 $10 #3263 Independence, Iowa VF 65.00 1902 $10 #9174 SF, Ca. AU 65.00 1902 $10 #P7095 Colfax, Wash. F/VF 110.00 1902 $10 #P7095 Colfax, Wash. XF 185.00 1929 $10 #7372 Bellingha, Wa. XF 65.00 1929 $20 #10525 Tuckahoe, NY XF 60.00 1929 $20#3417 Tacoma, Wash. VF/XF 35.00 1929 $20 #10167 Pasadena, Ca. Fine 50.00 1929 $20 #3355 Yakima, Wash. Fine 50.00 1929 $20 #3417 Tacoma, Wash. VF/XF 40.00 1929 $20 #1553 Portland, Or. XF 35.00 1929 $20 #11280 Seattle, Wash. XF 35.00 1929 $50 #5550 Honolulu, Hi. Fine 75.00 1929 $50 #4385 Muckagee, Ok. F/VF 75.00 1929 $20 #3417 T2 Tacoma, Wa. XF/AU 75.00 1929 $5 #2188 T2 Evansville, Ind. CU 45.00 1929 $20 #2928 Albany, Or, VF 115.00 1929 $20 #9207 Littlestown, Pa. XF/AU 65.00 1929 $20 #912 Manheim, Pa. VF/XF 65.00 1929 $10 #3001 Stevens Pt., Wi. F/VF 65.00 1929 $10 #2597 Ogden, Ut. VF/XF 80.00 1929 $50 #2002 Winterset, Iowa. VF 85.00 1929 $20 #5413 Rawlins, Wy. VG/F 125.00 1929 $10 #6558 Murray, Ut. XF 250.00 1929 $20 #4287 Tucson, Az. VF 175.00 1929 $20 #3050 San Diego, Ca. AU 90.00 1929 $20 #11280 Seattle, Wa. T2 VF/XF 35.00 Any Original Series $10 pay 400.00 Any Original Series $20 pay 550.00 Any Series of 1875 $50 pay 2000.00 Any Series of 1875 $100 pay 2000.00 Any Brown Back $100 pay 500.00 Any 1882 Dated Back $50 pay 500.00 Any 1929 Type II $50 pay 500.00 We will pay the above prices for VG or better notes. CHARTER NUMBERS WANTED We will pay $300 for any of the following Charter Numbers, any type in VG or better. #2192 #3473 #3791 #2640 #3512 #3805 #2954 #3563 #3807 #2990 #3564 #3812 #3002 #3567 #3833 #3035 #3569 #3835 #3090 #3594 #3844 #3108 #3667 #3852 #3194 #3695 #3853 #3199 #3703 #3880 #3249 #3710 #3900 #3265 #3737 #3928 #3384 #3751 #3963 #3386 #3758 #3992 #3394 #3769 #4150 #3431 #3775 #4288 #3440 #3776 #9097 #3443 #3787 #11887 There are many other Kansas Nationals that we are interested in other than those listed above. If you have any Kansas Na- tionals for sale, please write giving the charter number, type and Friedberg numbers. Please price all notes in your first cor- respondence as we will not make offers. We Also Want Uncut Sheets of Kansas Nationals Satisfaction guaranteed. Seven-day return privi- lege. Bank cards welcome, please send informa- tion as it appears on your card. Member ANA- RCDA-SPMC. Joe Flynn & Son Rare Coins Inc. 507 3rd AVE. #5-PM SEATTLE, WASH. 98104 206-283-2626 AURORA COIN SHOP BOX 3140 2854 W. 47th STREET KANSAS CITY, KANSAS 66103 PHONE 913-236-7171 SMALL-SIZE MASSACHUSETTS NATIONAL CURRENCY WANTED WANTED * * New Jersey State Nationals * * #1386 Abington #462 Adams C #4562 Adams #269 Amesbury #11868 Arlington #2172 Athol #13733 Athol #3073 Ayer #969 Beverly #200 Boston #643 Boston #684 Milton-Boston #12540 Boston #11347 Braintree #13222 Buzzards Bay #11270 Chelsea #14087 Chelsea #7452 Danvers #1274 Edgarton #7957 Edgarton C #490 Fairhaven #1320 Falmouth #9426 Foxboro #13604 Glouchester C #484 Haverhill #589 Haverhill #14266 Haverhill #2618 Hudson #885 Lee #4774 Ipswich • #1329 Lowell #697 Lynn • #1201 Lynn #4580 Lynn #12979 Medford #12800 Methuen C #866 Milford #13835 Milbury #3598 Newton #9086 North Attleborough #383 Northampton #1279 Northborough • #5964 Pepperell • # 1260 Pittsfield • #779 Plymouth #4488 Reading #1049 Amesbury (Salisbury) #934 Southbridge #8150 South Deerfield #2288 Spencer e #2435 Springfield • #1170 Stockbridge #947 Taunton #688 Waltham #2312 Webster #11236 Webster #13780 Webster #421 Westboro #190 Westfield • #769 Whitinsville #4660 Whitman • #11067 Woburn #14033 Woburn Those notes with a dot indicate large size notes for trade. JOHN R. PALM 6389 ST. JOHN's DRIVE EDEN PRAIRIE, MINN. 55343 MICHIGAN OBSOLETE NOTES * * * * * * 3.00 Bank of Battle Creek, 1838. Abt. F. $17.00 5.00 Bank of Chippeway, 1838. V. F. 10.00 5.00 Central Mining Co., 1863. Small. F. 7.50 15.00 Central Mining Co. 1863. Unc. 26.00 1.00 Bank of Washtenaw, 1835. V. F. 8.50 5.00 Bank of Washtenaw, 1854. Unc. 10.00 2.00 Bank of Michigan, 1839. Fine 13.00 3.00 Bank of Michigan, 18 u/s. Unc. 9.50 5.00 Bank of Michigan, 1862. Unc. 11.00 10.00 Bank of Michigan, 1862. Unc. 13.00 1.00 Michigan Ins. Co., 18 u/s. Unc. 10.00 2.00 E. & K. R.R. Bank, 1853. Fine 7.00 5.00 E. & K. R.R. Bank, 1853. X. F. 8.50 10.00 E. & K. R.R. Bank, 1854. X. F. 11.00 10.00 Osceola Consol. Mine, 187../ u/s. Unc. 7.50 2.00 Farmers & Merchants Bank, 18 u/s. Unc. 18.00 5.00 Bank of Macomb County, 1858. u/s. Unc. 9.50 5.00 Merchants & Mech. Bank, 18 u/s. A.U. 8.00 3.00 Bank of Manchester, 1837. Fine 8.50 1.00 Adrian Ins. Co. 1853. V. F. 7.50 2.00 Merchants Bank, Jackson, 1840. Fine 10.50 3.00 Millers Bank, Washtenaw, 18 u/s. Unc. 10.50 5.00 State Bank, Detroit, 18 u/s. Unc. 8.50 5.00 Tecumseh Bank, 18 u/s. Unc. 8.00 Notes of all kinds in stock. Want lists solicited. I want to buy notes of all kinds. RICHARD T. HOOBER ANA 9302 P. 0. Box 196 Newfoundland, Penna. 18445 (Small Size-Series of 1929) NORTH ARLINGTON, Charter No. 12033 PALISADES PARK, Charter No. 14088 (Large Size; 1st, 2nd, and 3rd Charter Periods) ALLENDALE, Charter No. 12706 FORT LEE, Charter No. 12497 GLEN ROCK, Charter No. 12609 HACKENSACK, Charter No. 1905 LYNDHURST, Charter No. 10417 NORTH ARLINGTON, Charter No. 12033 RAMSEY, Charter No. 9367 RIDGEFIELD PARK, Charter No. 9780 RIDGEWOOD, Charter No. 11759 WYCKOFF, Charter No. 12272 The Above Nationals wanted in any condition and in any denomination. Just ship with best price for prompt payment to: WOODCLIFF INVESTMENT CORP. P. 0. BOX 135 LODI, N.J. 07644 PHONE (201) 327-1141 S.P.M.C. #2127 SCRIP 10c Borough of Easton (Pa) mishandled proof, some damage $10 15c Same, each has red ovpt. 15 25c Same, beautiful vignettes on each 10 50c Same, ABN Co. 10 5c Borough of Bristol (Pa) mishandled proof 10 10c Same, same situation as Easton notes 7 50c Same, each has red ovpt. (ABN Co) 10 5c Lehigh County (Pa) no ovpt. on these 10 10c Same, (Allentown) 10 25c Honesdale, Pa. (Borough Order) ABN Co. rare 15 5c Troy & Albany Stage Co. (NY) 10/18/62 good item 15 5c, 10c, 25c, 50c Scrip Island Pond, Vermont Gilkey & Denison, crisp 25 -c Amount not filled in-scrip, A. S. Maxwell (sp?) #1 Codman block, Temple St. Portland, Me. 8 10c F. R. Harris, opposite the post office, Portland, Me cr. off 8 10c Hall L. Davis, Portland, Me red ovpt. 12 5c Chadbourn & Kendall, 66 Middle St. Portland, Me 10 10c Wm. P. Horne, Detroit, Mich. Pay at Savings Bank 15 25c G. A. Colby & Brother, Marshall, Mich. "Payable at Niles, Dawagiac, or Marshall" great item 25 5c Grondyke & Co. Eugene, Indiana 3/1/62 nice 17 WARREN HENDERSON BOX 1358, VENICE, FLA. $ Federal Reserve Notes Regular Sets Star Sets 1963 (12) $24.95 (12) $25.95 1963A (12) 22.95 (12) 23.95 1963B ( 5) 7.95 ( 4) 8.95 1969 (12) 19.95 (12) 21.95 1969A (12) 18.95 (11) 20.95 1969B (12) 17.95 *111) 19.95 1969C (10) 14.95 ( 9) 19.95 1969D (12) 16.95 (11) 22.95 1974 (12) 16.95 Not Available 1963/1974-9 regular sets (99) 153.50 No I* Wanted 69B I* 69C L•, 69D A• Add $2 for last two numbers match on district sets. 1974 BD, CB, EC, FC, GB, KB, LC--$1.50 1974 F*-$1.75 1174 B 0000XXXX C-$3.00 Personal checks must clear-Under $50 add 50c. N.Y. residents add 4%-Send SASE for price list for singles and blocks. Also selling $1 Silver Certificates, $2 notes, large size and frac- tional currency. Send your want list. BUYING Buying all large size and fractional U.S. Currency; small size nationals, silver certificates, legal tender and gold certificate; in better grades and scarcer notes. Also CU FRN'S in selected rare blocks. Premium prices on uncut sheets and errors. Write describe and price. NUMISMATIC INVESTMENT ASSOCIATES c/o SHELDON MOSES BOX 618P, 1011 STATE STREET SCHENECTADY, NEW YORK 12301 (63) U. S. Currency Advertised for the First Time! $5 Ty 1 Penna. Mountville N.B. Mountville Ab F 3808 $38.00 $10 Ty 1 N.J. Cumberland N.B. Bridgeton VG F 1346 $49.00 $10 Ty 1 N.Y. Genesee River N.B. Mount Morris VG+ 1416 $55.00 $10 Ty 11 N.Y. Ilion N.B. & Trust Co. Ilion VG F 1670 $49.00 $10 Ty 1 Oregon First N.B. Southern Oregon Grants Pass F+ $90.00 $10 Ty 1 Penna. Mountville N.B. Mountville F+ 3808 $42.00 $10 Ty 1 Penna. First N.B. Dushore F VF 4505 $80.00 $10 Ty 11 Penna. Pattison N.B. Elkland ....VG Small Ink 5403 $49.00 $10 Ty 1 Penna. First N.B. Hamden VG 12017 $69.00 $10 Ty 1 Penna. Miners N.B. Shenandoah CU 13619 $50.00 $20 Ty 1 Penna. First N.B. Milton XF 253 $49.00 $20 Ty 1 Penna. Mount Holly N.B. Mount Holly F+ 1356 $59.00 $20 Ty 1 N.Y. Merchants N.B. Dunkirk VF 2619 $52.00 $20 Ty 1 W. Virginia Davis NB Piedmont Pin Hole F VF 4088 $69.00 $20 Ty 1 D.C. Franklin N.B. Washington F 10504 $75.00 $5 1902 Mass. Broadway N.B. Chelsea XF 9651 $69.00 $20 1902 Penna. First N.B. Girardville F VP 4422 $75.00 Fr 16 XF-Au $165.00 Fr 225 Ab XF $110.00 Fr 35 Au $120.00 Fr 278 VF+ $80.00 Fr 223 XFine-Au $120.00 $2 1928-A XF-Au $49.00 $1 Hawaii Overprint C.U. $11.50. Several Notes Available All notes advertised are guaranteed with a 7-day return privilege. Don't forget to watch for future listings. Many other notes in stock please send want lists. MASSACHESETTS Large and Small-Size NATIONAL CURRENCY WANTED • I am looking for certain National Bank Notes from MASSACHUSETTS. Can you help? Please describe fully and state price wanted. Also looking for unusual error notes. • V. H. OSWALD, JR. SPMC #4168 ANA #R079115 P. O. BOX 304 EMMAUS, PA 18049 SMALL-SIZE MINNESOTA NATIONAL CURRENCY WANTED Adrian, Nat. B. of Adrian #9033 Canby, 1st Nat. B. #6366 Cold Spring, 1st Nat. B. #8051 Cottonwood, 1st Nat. B. #6584 Deer River, 1st Nat. B. #9131 Grand Meadow, 1st Nat. B. #6933 Hendricks, 1st Nat. B. #6468 Hendricks, Farmers Nat. B. #9457 Kerkhoven, 1st Nat. B. #11365 Le Sueur, 1st Nat. B. #7199 Lanesboro, 1st Nat. B. #10507 Madison, 1st Nat. B. #6795 Mankato, Nat. B. Commerce #6519 Mapleton, 1st Nat. B. #6787 McIntosh, 1st Nat. B. #6488 Minnesota Lake, Farmers Nat. B. #6532 Osakis, 1st Nat. B. #6837 Park Rapids, Citizens Nat. B. #13692 Pipestone, Pipestone Nat. B. #10936 Sauk Center, 1st Nat. B. #3155 Stewartville, 1st Nat. B. #5330 Wendall, 1st Nat. B. #10898 Wheaton, 1st Nat. B. #6035 Michael R. Iacono SPMC 4639 168 SPRING ST., MEDFORD, MASS. 02155 State price and condition or send for my fair offer. I have many notes in stock as well! What do you need? JOHN R. PALM 6389 ST. JOHN's DRIVE EDEN PRAIRIE, MINN. 55343 tr. ' IVirfe ' FREE PRICE LIST • Send for our price list of U.S. Currency— All types. Hundreds of Nationals, Silver Certificates, Fractional, etc.—Large and Small. Supplies and Books Also some obsolete and foreign. We solicit your want list. LOWELL C. HORWEDEL P. 0. BOX 2395P W. LAFAYETTE, IN 47906 S.P.M.C. #2907 P.M.C.M. #1177 A.N.A. LIFE MEMBER #1503 FQR SALE CURRENCY FOR SALE • U.S.A. LARGE & SMALL SIZE CURRENCY INCLUDING: NATIONAL CURRENCY; OBSOLETE CURRENCY; RADAR & FANCY SERIAL NUMBER NOTES; "ERROR" NOTES & OTHER TYPES. LARGE MAIL LISTING AVAILABLE FOR A LARGE-SIZE, SELF-ADDRESSED STAMPED ENVELOPE. 10-DAY RETURN PRIVILEGE. YOUR SATISFACTION GUARANTEED. • ROBERT A. CONDO P. 0. BOX 304, DRAYTON PLAINS, MICHIGAN 48020 ANA-LN 813, SPMC-2153 Obv Rev UNITED STATES 1776-1876 INTERNATIONAL EXHIBITION TICKETS $5.00 ea. 10 for $45.00 CHARLES T. RODGERS P. 0 BOX 66531 LOS ANGELES, CALIF 90066 SMALL SIZE IOWA NATIONAL CURRENCY WANTED Blockton, 1st Nat. B. #8211 Laurens, 1st Nat. B. #4795 Bloomfield, Nat. B. of Bloomfield Linn Grove, 1st Nat. B. #7137 #9303 Macksburg, Macksburg Nat. B. Burt, 1st Nat. B. #5685 #6852 Casey. Abram Rutt Nat. B. #8099 Malvern, Malvern Nat. B. #8057 Clarence, 1st Nat. B. #7682 Monroe, Monroe Nat. B. #7357 Clearfield, 1st Nat. B. #9549 Montezuma, 1st Nat. B. #2961 Coin, 1st Nat. B. #7309 Nevada, Nevada Nat. B. #14065 Conrad, 1st Nat. B. #9447 Ottumwa, Iowa Nat. B. #1726 Davenport, 1st Nat. B. #15 Red Oak, Farmers Nat. B. #6056 Floyd, 1st Nat. B. #9821 Seymour, 1st Nat. B. #8247 Fontanelle, 1st Nat. B. #7061 Sigourney, 1st Nat. B. #1786 Fredericksburg, 1st Nat. B. #10541 Sioux City, Sioux Nat. B. #4510 Glenwood, Mills County Nat. B. Stuart, 1st Nat. B. #2721 #1862 Villisca, Nodaway Valley Nat. B. Griswold, Griswold Nat. B. #8915 #14041 Kanawha, 1st Nat. B. #9018 Williams, 1st Nat. B. #5585 Keokuk, Keokuk Nat. B. #14309 Wyoming, 1st Nat. B. #1943 WILLIAM R. HIGGINS, JR. BOX 64, OKOBOJI, IOWA 51355 A.N.A. Life #109 S.P.M.C. #2950 BOB MEDLAR SELL HARRY YOUR MISTAKES! Harry wants to buy currency er- rors ... large and small-size notes . . . also interested in buying Na- tionals—Uncut sheets . . . Black Charter No. Red Seals. Harry is selling error notes. Please write for list or specify notes .. . a large selection of error notes available. HARRY E. JONES P. 0. BOX 42043 CLEVELAND, OHIO 44142 We are Selling: Are you tired of overgraded merchan- dise at next year's prices? Try us—we didn't get into this business last month or last year. Our current ten-page comprehensive price list of U.S. large, small and fractional paper money is yours for the asking. • We are Buying: Would you try to sell your stamp collec- tion to a coin dealer? Don't make the same mistake with your paper money. We deal exclusively in paper—need we say more? • THE VAULT P. 0. BOX 2283 PRESCOTT, ARIZ. 86301 WANTED • All District of Columbia Currency A. Obsolete Notes and Scrip B. National Bank Notes All Small Size Currency with Low Serial Numbers 00000081, 00000082, 00000084 • Julian Leidman 8439 Georgia Ave., Silver Springs, MD 20910 (301) 585-8467 ( 63 ) VLOOK FORV, THESE FACES WHEN BUYING OR SELLING! Whether it's rare U.S. Currency, Obsoletes, Bank Notes, Texas Documents, etc., we'll be happy to provide quotes or arrange to include your material in any of our auctions. Call us at (512) 226-2311 Beside the Alamo 7itaaezira RARE COINS AND CURRENCY 220 Alamo Plaza San Antonio, Texas 78205 BETTY MEDLAR SPMC CHARTER #38 WANTED: Large-Size Wisconsin National Bank Notes Universal Numismatics Corp. FLOYD 0. JANNEY LM No. 415 CAROL JANNEY LM No. 1415 P. O. Box 143 Waukesha. Wisc. 53186 Society Certified Professional Numismatists Bellevue, Ohio WANTED BY COLLECTOR I am still looking for National bank notes on THE FIRST NATIONAL BANK OF BELLEVUE, OHIO Charter #2302. I'm also interested in FIRST NATIONAL BANK NOTES ON FREMONT, OHIO Charter #5 and #2703. Gerald C. Schwartz 270 NORTHWEST ST., BELLEVUE, OHIO 44811 NEEDED to maintain integrity of collection $1.00 C.U. FRN'S BIk & Ser. # Within Series Ending Serial # Range 1969B B 02C B99840001C - B99999999C B — 00C B99840001C - B99999999C 1969C B — 02D B76160001D - B79360000D B — OOD B76160001D - B79360000D 1974 F — 06A F99840001A - F99999999A F — 00A F99840001A - F99999999A Please price or state trade considerations. JAMES E. LUND Route 3, South Lake Cowdry Alexandria, Minnesota 56308 OBSOLETE PRICE LISTS 2,000 notes offered for sale: Request one (or more) individual lists : • Southern State Broken Bank Notes, Scrip • Virginia Collection, offered individually • Misc. States, BBN and Scrip • List of Penna., Uncut Sheets All States, Proof Notes, College Cur- rency. Depression Scrip, Other Related Notes, Historical Items • Fractional Currency • Confederate Currency Enclose 10c SASE. Please describe in detail what notes are of interest, which states you collect. DONALD E. EMBURY SPMC 3791 P. 0. BOX 61, WILMINGTON, CA 90744 Collector/Dealer Since 1935 Has Anyone Heard of FRACTIONAL CURRENCY Out There? If you have any, I probably will buy it, especially if it is CU or Rare. I also need books and other materials dealing with FRACTIONAL CURRENCY Please Send your material or a list and asking price to: RONLENE (SPMC 4418) P. 0. Box 322, Hillsdale, NJ 07642 STOCK CERTIFICATES - OLD CHECKS Interesting. Unusual. 50 different stock certificates including rail- roads only $39.50. 100 different old checks—nice selection $29.50. Collections, Accumulations Wanted. CLINTON HOLLINS P. 0. BOX 112, DEPT. 112 SPRINGFIELD, VA 22150 (65) FREE PRICE LIST Write today for my free price list of U.S. obsoletes. Wanted: Conn. material, checks, notes, etc. WINDHAM COINS CHARLES E. STRAUB P. 0. BOX 14, WILLIMANTIC, CT. 06226 Wanted By Collector FRACTIONAL CURRENCY IN PERFECT CONDITION No creases, pinholes, fading, etc. Send your best by registered mail only. To HERBERT RUBIN c/o Light & Rubin, Inc. 488 Madison Ave. New York, NY 10022 TOP REFERENCES (63) TYPE NOTES - MAIL BID SALE Closing: July 1, 1976 An excellent grouping of type notes is offered. Most are pre-1900 series. The usual mail bid rules apply. Each note is sold to the highest bidder; price is determined as a small increment over the second highest bid. Prices in parenthesis ( ) are estimates only. You may bid higher or lower . . . bid what the note is worth to you. F- numbers refer to Friedberg Catalog numbers on all notes. These notes are conservatively graded. I am happy to say that of all the notes I have sold through ads in Paper Money, not a single one has yet been returned due to faults with my grading. Your satisfaction is guaranteed. LEGAL TENDER NOTES LOT 1. $1 1862 F16; Bright XF, Well-centered (175) 2. $2 1862 F41; Bright XF. Two small areas of stamp hinge removed from back (210) 3. $5 1862 F63 ; VF or better. Paper shows some ageing (125) 4. $1 1874 F19 ; VF+, nice copy of a scarce note (95) 5. $1 1875 F26; UNC, deep blue tint on reverse (140) 6. $1 1878 F27 ; better than VF overall (100) 7. $2 1878 F48; NEW and bright, close at top but not cut into design (290) 8. $2 1880 F50; bright crisp UNC but top edge lightly frayed (105) 9. $2 1880 F53; VF, even wear and no heavy folds. Very scarce variety (300) 10. $5 1875 F67; bright well-centered UNC, faint signs of aging Very scarce Woodchopper, Series "B" (350) 11. $5 1880 F74; Bright UNC but note has two soft corners (220) 12. $5 1880 F80; UNC in appearance but has 2 or 3 closed pinholes (110) 13. $5 1907 F90; Bright CU (60) 14. $10 1880 F107; Nice AU. Scarcest $10 of this series. Com- panion to Lot 9 with large red spiked seal (390) 15. $20 1878 F129; Nice AU. Note has small tear in left mar- gin which does not enter the design. Scarcest of this type except for the 1869 note (625) SILVER AND GOLD CERTIFICATES 16. $1 1886 F219; Bright VF-XF (140) 17. $2 1891 F245; Overall VF+. This is scarce Windom note (300) 18. $2 1896 F245; Educational Note. Well-centered, appeared UNC but has trace of one loose vertical fold (625) 19. $5 1896 F269; VF-XF, has three loose vertical folds (550) 20. $10 1891 F299; VG-F, even wear. This is a nice type note at low cost (70) 21. $5 1890 F359 ; Grading it XF but left corners are soft (slightly rounded) (475) 22. $10 1890 F366; easily VF but for several pinholes (320) 23. $10 1922 F1173; nice AU (95) NATIONAL BANK NOTES (Most current offerings are predominantly the 1902 and 1929 issues. Here is a nice grouping including many of the pre-1900 notes) 24. $1 Orig F380 ; VF Third NB of Pittsburgh Well-centered, strong pen sigs. Bank Serial #191 (200) 25. $1 Orig F380; VF- First NB of Worcester, MA. Close trim, good sigs. Bank Serial #111 (140) 26. $5 1875 F404; Face AU, reverse shows slight soil at top Greene County NB of Carrollton, IL. Good pen sigs. (320) 27. $5 1875 F404; VF face/F reverse. First NB of Rondout, NY. V. Pres. sig. (175) 28. $10 1875 F416; VF, no folds, reverse exceptionally bright Merchants NB of New Haven, CT (300) 29. $5 BB F466; AU, Second NB of Springfield, MA. Well- centered and bright (160) 30. $5 BB F469; AU, National City Bank of New York. Bright as new (140) 31. $5 BB F471; about Fine, First NB of San Francisco. Well- circulated but no heavy creases (90) 32. $5 BB F474; VF+ First NB of Attleboro, MA. Bright as new but has 3 vertical folds (130) 33. $10 BB F480; About XF, Girard NB of Philadelphia (150) 34. $10 BB F487; AU, Marine NB of Pittsburgh. Looks new but trace of fold may be seen on the reverse (220) 35. $10 1882-08 F545; VF+ National Shawmut Bank of Boston, MA (150) 36. $10 1902 Redseal F621; VF-XF Mellon NB of Pittsburgh Sig. plus AUTOGRAPH of A. W. Mellon (150) 37. $5 1902 ND F598; VF Machinists NB of Taunton, MA (30) 38. $10 1902 ND F624; VF+ First NB of Minneapolis. Bright and clean (55) 39. $20 1902 ND F652; VF Anglo and LP NB of San Francisco. Close at top (75) SMALL SIZE NOTES 1929 Nationals 40. $10 Ty 1 Penna #2864 F+ GAP NB & TC of Gap, PA (45) 41. $10 Ty 2 Penna #5444 F+ First NB of BATH, PA (35) 42. $10 Ty 1 NY #2370 VF-XF Chase NB of New York (18) 43. $10 Ty 1 NY #13260 About VF National Safety Bank and TC of New York City (20) 44. $20 Ty 1 Alabama #13097 VF-XF Merchants NB of Mobile, AL (45) 45. $20 Ty 1 Penna #2483 About VF Watsontown NB of Wat- sontown, PA signed by J.K. Watson at Pres (!) (65) 46. $20 Ty 1 Penna #4546 VF, Merchants NB of Shenandoah Ser. B000018A (45) 47. $20 Ty 1 Penna #2293 Fine NB of Slatington Ser. F000089A (50) Gold Certificate 48. $100 1928 F2405; Very Fine (145) All bids will be received by mail only. Please do not telephone to ask about status of bidding on the notes. No unlimited bids will be accepted. Successful bidders will be notified and invoiced within a few days of the closing. Registry fees and postage will be paid by me, but invoices must be paid before notes are shipped. List of prices realized will be sent to all bidders who request one. WILLIAM P. KOSTER 8005 SOUTH CLIPPINGER DRIVE, CINCINNATI, OH 45248 Home: 513/561-5866 Office: 513/271-5100 SPMC #3240 ANA #70083 I NEED SOUTH CAROLINA PAPER MONEY I WANT TO BUY ALL TYPES OF SOUTH CAROLINA PAPER MONEY FOR MY PERSONAL COLLECTION. I Need — PROOF NOTES OBSOLETE BANK NOTES S.C. NATIONAL BANK NOTES CITY, TOWN & PRIVATE SCRIP I HAVE SIMILAR MATERIAL FROM OTHER STATES THAT I WILL TRADE FOR NOTES THAT I NEED. PLEASE WRITE FOR MY DETAILED WANT LIST. I Also Collect — PROOF NOTES WORLDWIDE SPECIMEN NOTES BRITISH COMMONWEALTH VIGNETTES USED ON BANK NOTES COUNTERFEIT DETECTORS BANK NOTE REGISTERS J. SPMC #8 OY PENNELL, %If ANA #11304 P. 0. BOX 858 ANDERSON, SOUTH CAROLINA 29621 o\SMAT,,I dsichiso■ ANA 4295 LM No. 101 Sincere Appreciation To Our Bidders and Consignors Who Made the Donlon, April 30 Sale A Success Beyond Expectation! Supply of catalogs sold out! Prices Realized $1. • Now Accepting Consignments AND PREPARING CATALOG COPY FOR Donlon's next Mail Bid Sale • Most of the consignors in our April Sale were repeaters. There must be a reason. We can't boast of 200 sales, 100 sales, or even 50, but we can be proud of the enviable reputation gained in our NINE sales, of being fair to our bidders and consignors . IF YOU HAVE CHOICE PAPER CURRENCY, SINGLES OR A COMPLETE COLLECTION WHICH YOU ARE CONSIDERING SELLING, DO IT NOW! SEND YOUR NOTES REGISTERED WITH A COMPLETE LIST USING FRIEDBERG OR DONLON NUMBERS. Or if you prefer, send the list only for terms of sale. Your Net Returns will be greater in the Mail Bid Sale, but your collection will be purchased outright, at best possible price for resale, if you want fast action. In answer to many requests, sorry we have no price lists. SASE appreciated with inquiries. Donlon's cat. U.S. Large Size Paper Money $3.50 ppd. Back Issues of Donlon's Sale Catalogs, Nos. 1 to 8, $3. for one, $2. each additional. Sorry No. 9 sold out! WILLIAM P. DONLON Specializing in United States Large Size Paper Money. P. 0. Box 144, Utica, New York 13503