Paper Money - Vol. XV, No. 6 - Whole No. 66 - November - December 1976

11. ,4( Waif ift /(// f , /pith (//// ////h/ _.-- ,7/4/1,;;ti/7/(W (/;',/1///fi lirip,/*t7 azias;xavlii:TX4i!M0a01C FALL . PITILIC Paper litene9 BIMONTHLY PUBLICATION OF THE Caciety ej Paper !honey Collector-6 Vol. XV No. 6 Whole No. 66 November/December 1976 Gene Hessler uncovers some of the hidden mysteries behind the design used on the $100 1858 Treasury Note. SUPERB U. S. UNCUT SHEETS Beautiful Crisp New Sheets of Twelve="Leaders" in Today's Great rarities. These Potential "Best of Show" Winners can put Your Collection in the "Blue Ribbon Class". Specially Priced-BUT Subject to Prior Sale. WANTED=Superb CN Uncut Sheets (4, 6, 12, 18, Fractional). Please Price Offers. SILVER CERTIFICATE SHEETS 1935 $1.00 Julian-Morgenthau. Just 100 Sheets were issued but not many exist Today (O'Don- nell's 5th Ed. records only 21 Sheets=with Estimated Value of $1,500.00). We have this Superb Sheet in Stock (ct $1,295.00=BUT Offered during December/January for 1,050.00 1935A $1.00 Signatures as last. Only 100 Sheets were issued (O'Donnell=Only 17 Sheets, Est Value $1,300.00) Yours =during December/January 950.00 1935B $1.00 Julian/Vinson. 100 Sheets issued but now Rare= (O'Donnell records 24 known Sheets + Est. Value of $1,400.00). Our Price is $1,150.00=but during December/January Specially Priced for 975.00 19350 $1.00 Julian/Snyder. Of the 100 Sheets issued, O'Donnell's 5th Ed. records just 24 known Sheets. + Est. Value of $1,200.00. During December/January 795.00 1935D $1.00 Clark/Snyder. The Last of the Sheets of Twelve. O'Donnell's records 37 known Sheets, with Est. Value of $1,300.00. December/January Special for 825.00 SPECIAL-Above Collection of these Five Rare and Beautiful Sheets (After January 31st $5,150.00) 4,150.00 SPECIAL-LIMITED OFFER 1935D $1.00 Silver Certificate-above Sheet (12) 825.00 1928G $2.00 Legal Tender. Clark/Snyder. 100 Sheets issued but O'Donnell's records only 20 known Sheets, with Est. Value of $1,400.00. Our Price=$1,200.00. Special during December/January 1,050.00 SPECIAL=Both Sheets-December/January only 1,675.00 COMPLETE SET $2.00 NOTES 1928/1963A $2.00 Legal Tender Notes. Consists of 1928-1928A- 19288 -1928C-1928D-1928E-1928F -1928G-1953 - 1953A - 1953B-1953C-1963-1963A. All Superb Crisp New=Well Centered, Indeed Quite Rare so Nice. Just this One Set $949.50 Similar Set (14) : Crisp New but not as well Centered 869.50 COMPLETE SET $2.00 BICENTENNIAL NOTES The Last Two Serial Nos. Match on all Twelve Districts 31.50 $1.00 1935A EXPERIMENTAL ISSUE 1935A $1.00 Red "R" Cr "5" Special Issue Notes-Crisp New, Well Centered 169.50 Similar Pair-Crisp New but not as well Centered 149.50 MISMATCHED ERROR NOTE SCARCE 1928 $1.00 NOTE 1957B $1 U37/U47-Superb Crisp New-Well 1928 $1.00 Red Seal Legal=Low Serial No. under Centered $49.50 5,000. Superb CN=Well Centered 57.50Error Notes Wanted-Not the Common Variety. Please Describe and Price Your Offers. Similar Note-CN but not as well Centered 49.50 WANTED - STAR NOTES - WANTED Urgently Needed-Packs (100) =Prefer Consecutively Numbered Notes (But will Buy Lots of Fifty Stars) =1969C Dist. 11, 12; 1974 $1.00=Most Districts; 1976 $2 Most Districts. Please State Price Wanted. WHY NOT GIVE US A TRY? Thanks to the Thousands of Happy "Bebee Boosters" we are Starting our 38th Year + Full Time Dealers and the Same Ownership all the Way. Start the New Year Right=Right at Bebee's (where else?). We'll Both be Glad you Did ! SASE-for our Bargain Lists (Includes Confederate & Fractional) Plus Books (Over 100 Different) and also Accessories=all at Discount Prices. Y'all Hurry NOW ! Aubrey and Adeline Bebee and their Staff extend to all Our Friends, Very Best Wishes for a Joyous Holiday Season and a New Year of Peace-Good Health, Prosperity and Happiness. Please Add $1.00 to all Orders (Over $200.00 Add $2.00). Nebraskans Add Tax. MEMBER: ANA Life #110, ANS, PNG, SCPN, SPMC, IAPN, Others. Bebee's, inc. "Pronto Service" 4514 North 30th Street Phone 402-451-4766 Omaha, Nebraska 68111 SOCIETY OF PAPER MONEY COLLECTORS Nc. 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. C. Box 858, Anderson, SC 29621. Second class postage paid at An- derson, SC 29621 and at add:tional entry office, Federalsburg, MD 21632. Annual membership dues in SPMC are $10 for the first year (includes $2 admis- sion fee and $8 for each year thereafter, of which $5 25 are for a subscription to PAPER MONEY. Subscriptions to non- members are $10 a year. Individual copies of current issues, $1.75. (0 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. NEW ADVERTISING RATES Contract Space 1-Issue 3-Issue 6-Issue Outside Back 48.00 130.00 245.00 Inside Front & Back 45.00 121.00 230.00 Full Page 39.00 105.00 199.00 Half Page 24.00 65.00 123.00 Quarter-Page 15.00 40.00 77.00 Eighth Page 10.00 26.00 49.00 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 hereto. All advertising copy and correspondence should be addressed to the Editor. Paper /)toned Official Bimonthly Publication of THE SOCIETY OF PAPER MONEY COLLECTORS, INC. Vol. XV No. 6 Whole No. 66 Nov./Dec. 1976 DOUG WATSON, Editor Box 127 Scandinavia, WI 54977 Tel. 715-467-2379 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 Cr 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: BASIC PLATE AND OVERPRINT VARIETIES ON THE FIRST AND SECOND CHARTER NATIONAL BANK NOTES —Peter W. Huntoon and W. K. Raymond 255 DESIGN UNCOVERED FOR THE $100 1858 U.S. TREASURY NOTE —Gene Hessler 259 RARE BANKNOTES, BANKS, AND BANKERS OF INDIANA —Wendell Wolka 264 PATRIOTIC PRIDE OF MASSACHUSETTS PAPER MONEY —Virgil Culler 272 COUNTERFEITS OF U.S. TREASURY NOTES 274 LEGAL TENDER NOTES OF THE CURRENCY COMMISSION AND THE CENTRAL BANK OF IRELAND —Derek Young 277 SET COLLECTING —Terry Vavra 282 COPE 284 The Society of Paper Money Collectors INTEREST BEARING NOTES 275 SECRETARY'S REPORT 293 q Vol. 4, 1965, No. 2 (No. 14) q Vol. 4, 1965, No. 3 (No. 15) q Vol. 5, 1966, No. 1 (No. 17) q Vol. 1966, No. 2 (No. 18) 0 Vol. 5, 1966, No. 3 (No. 19) Vol. 5, 1966, No. 4 (No. 20) q Vol. 6, 1967, No. 1 (No. 21) q Vol. 6, 1967, No. 2 (No. 221 q Vol. 6, 1967, No. 3 (No. 28 1 q Vol. vol. vol. 6, 7, 7, 1967, No. 4 1968, No. 1 1968, No. 2 (No. (No. (No. 24) 25) 26) q vol. 7, 1968, No. 3 (No. 27) q Vol. 7, 1968, No. 4 (No. 28) q Vol. 8, 1969, No. 1 (No. 29) Vol. 8, 1969, No. 2 (No. 301 q vol. 8, 1969, No. 3 (No. 31) q vol. 8, 1969, No. 4 (No. 321 q Vol. 9, 1970, No. 1 (No. 33) q Vol. 9, 1970, No. 2 (No. 34) q Vol. 9, 1970, No. 3 (No. 35) q Vol. 9, 1970, No. 4 (No. 36) 1971, No. 1 (No. 37) 1971, No. 2 (No. 38) 1971, No. 3 (No. 39) 1972, No. 1 (No. 41) 1972, No. 2 (No. 42) 1972, No. 3 (No. 43) 1972, No. 3 (No. 44) 1973, No. 1 (No. 45) 1973, No. 2 (No. 46) 1973, No. 3 (No. 47) 1973, No. 4 (No. 48) 1974, No. 1 (No. 49) 1974, No. 2 (No. 50) 1974, No. 3 (No. 51) 1974, No. 4 (No. 52) 1974, No. 5 (No. 53) 1974, No. 6 (No. 54) q Vol. 14, 1975, No. 1 (No. 55) ;1 Vol. 14, 1975, No. 2 (No. 56) q Vol. 14, 1975, No. 3 (No. 57) El Vol. 14, 1975, No. 4 (No. 58) [I Vol. 14, 1975, No. 5 (No. 59) q Vol. 14, 1975, No. 6 (No. 60) q Index Vol. 1-10 $1.00 Photo-copies of sold out issues may be ordered for $1.50 per issue. These copies do not include ads. Copies with ads are available for $2.50 per issue. 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 $6.00 Harley L. Freeman q MINNESOTA OBSOLETE NOTES & SCRIP $6.00 R. H. Rockholt q TEXAS OBSOLETE NOTES & SCRIP $7.50 Robert E. Medlar NON-MEMBER q VERMONT OBSOLETE NOTES & SCRIP Mayre B. Coulter $12.00 $6.00 NON-MEMBER $10.00 q NATIONAL BANK NOTE ISSUES OF 1929-1935 $9.75 Warns - Huntoon - Van Belkum NON-MEMBER $12.50 q MISSISSIPPI OBSOLETE PAPER MONEY & SCRIP $6.00 L. Dandier Leggett NON-MEMBER $10.00 The above prices are for SPMC Members. All of these cloth bound books are 81/2 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. 0. Box 858, Anderson, S.C. 29622 Be Sure To Include Zip Code! q vol. q vol. q vol. q vol. q Vol. • Vol. q Vol. q vol. q vol. • vol. • Vol. q Vol. q Vol. q Vol. q Vol. q Vol. q Vol. 10, 10, 10, 11, 11, 11, 11, 12, 12, 12, 12, 13, 13, 13, 13, 13, 13, Socieq; of Papa Mewl CollectoNs OFFICERS President Robert E. Medlar 220 Alamo Plaza, San Antcnio, 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 Ferrer, 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 $1.50 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. APPOINTEES Editor Doug Watson P. 0. Box 127, Scandinavia, WI 54977 Librarian Wendell Wolka 8425 South Woodward Ave., Apt. 214, Wcodridge, IL 60515 Publicity Chairman Larry Adams 969 Park Circle, Boone, IA 50036 BOARD OF GOVERNORS Larry Adams, Thomas C. Bain, Michael Crabb, Jr., David A. Hakes, Richard Jones, Charles O'Donnell, J. Roy Pennell, Jr., Glenn B. Smedley, George W. Wait, M. Owen Warns, 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, Ill. 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. Applicant:: 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. Dues for the first year are $10, this includes a $2 admission fee. Each year thereafter the dues are $8, 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 re- ceive, as a bonus, a copy of the magazine issued in November of the year in which they joined. WHOLE NO. 66 Paper Money PAGE 255 Basic Plate and Overprint Varieties on the First and Second Charter National Bank Notes Part II Peter W. Huntoon and W. K. Raymond It is the purpose of this article to describe two border varieties that occur on Series 1875 National Bank Notes involving the locations of the company or Bureau of Engraving and Printing imprints. We will next examine five different face plate layouts used on Series of 1882 Brown Backs that result from different arrangements of (1) the Treasury signatures, (2) the Bureau imprint, and (3) the plate position letters. Last we will describe two interesting border varieties that involve the location of the upper left charter number in the borders of Series of 1882 $10 notes. In an article, "Basic Plate and Overprint Varieties on the First and Second Charter National Bank Notes," PAPER MONEY, volume 15, pages 134-138, Huntoon wrote about a number of plate varieties found on early large size National Bank Notes. Additional varieties have been found by W. K. Raymond. The following information will bring you up to date on these finds and possibly stimulate you to discover additional varieties. IMPRINTS ON FIRST CHARTER NOTES Typically First Charter notes bear a bank note com- Series of 1882 Value Back with common border variety. See placement of left charter num- ber in upper border above N of TEN. Series of 1882 Date Back with scarce border variety. See placement of left charter num- ber in upper border above EN of TEN. PAGE 256 WHOLE NO. 66Paper Money pany imprint that credits the company with the prepara- tion of the design. As shown on Figure 1, the Series 1875 notes also have added to them a Bureau of En- graving and Printing imprint which resulted from the Bureau's newly acquired responsibility for printing the faces of these notes. The interesting variety that Huntoon missed in his article were notes printed from face plates that were prepared solely by the Bureau of Engraving and Print- ing late in the First Charter period. The resulting notes do not hear any company imprint, rather the space normally occupied by the company imprint contains "Bureau of Engraving and Printing." See Figure 2. So far Raymond has found examples of Series 1875 "Bureau only" notes in the $5, $10, $20, and $50 de- nominations. It is certain that $100's also exist. We have been unable to find any examples of "Bureau only" notes from the Original Series. We have observed a $10 Series 1875 "Bureau only" note on the First Na- tional Bank of Vincennes, Indiana, charter 1873, that bears a date of September 15, 1871. The plate was not prepared in 1871 because the note has the Allison—New Treasury signature combination of 1875-1876 vintage, thus this plate unboubted was not used to print Original Series notes. We suspect that most if not all of the "Bureau only" First Charter notes resulted from redesigned plates made after the Bureau took over the responsibility for plate manufacture from the bank note companies. These new plates represented title changes or new denominations ordered by the banks. The illustrated Cheyenne $10 came about by a minor title change that took place when TYPE 1 Photo courtesy of Lyn Knight. TYPE 2 Photo courtesy of Hickman and Oakes. TYPE 3 Photo courtesy of William P. Donlon. WHOLE NO. 66 Paper Money PAGE 257 TYPE 4 Photo courtesy of the William Higgins Foundation. TYPE 5 Photo courtesy of Lyn Knight. Wyoming gained statehood in 1890. The $5 Series 1875 notes issued by this bank are interesting because the Continental Bank Note Company imprint above the lower border was removed entirely. The Bureau im- print was placed in a circle above the bank title which was the standard location for the added Bureau imprints on other Series 1875 $5 plates. A "Bureau only" First Charter $50 is shown on page 11 of F.A. Limpert's book "United States Paper Money, Old Series." The note was issued by the German Na- tional Bank of Allegheny, Pennsylvania, charter 2261, and bears the date March 8, 1892. Apparently the bank, which was chartered in 1875, decided at this late date to issue $50's and probably $100's. "Bureau only" Series 1875 $10 and $20 notes on the First National Bank of Albuquerque, Territory of New Mexico, bear the date August 8, 1891. The Series 1875 $5's on this bank are dated January 11, 1882, and con- tain both the Continental Bank Note Company and Bureau imprints. The $10 and $20 notes on this bank represent another example where a bank decided to issue new denominations late in the First Charter period and the Bureau had sole responsibility for designing the new plates. $5 BROWN BACK FACE PLATES The locations of three design components were varied on early $5 Brown Back face plates which resulted in several different layout varieties. The three components of interest were: (1) the Treasury signatures, (2) the Bureau imprint, and (3) the plate position letters. Two arrangements of the Treasury signatures are known: (1) the signatures are arranged vertically one on top of the other to the left of the bank title, and (2) the signatures are arranged horizontally side by side above the bank title. Compare the signature arrange- ments on Types 1 and 3 in Figure 3. There are two different positions for the Bureau im- print: (1) just inside the border in the upper right corner, and (2) centered in the lower boarder. Com- pare Types 1 and 2 in Figure 3. Types (tentative) of face plate layouts used on $5 Series of 1882 Brown Back National Bank Notes.Table 1. Type Arrangement of (tentative) Treasury Signatures 1 vertical 2 vertical 3 horizontal 4 horizontal 5 horizontal Location of Bureau imprint upper right corner bottom border upper right corner bottom border bottom border Location of plate position letters Left letter r ight letter right of Garfield left of 5 right of Garfield left of 5 right of Garfield under 5 right of Garfield under 5 left of Garfield under 5 $10 Series of 1875 note with the bank note company imprint centered in the lower border and Bureau of Engraving and Printing imprint in the upper left corner. $10 Series of 1875 note with- out a bank note company im- print. Bureau of Engraving and Printing imprint is centered in lower border. 10:f...,t1r29 .PT n, X SIRCI retTrus Paper Money WHOLE NO. 66PAGE 258 We have found three different arrangements for the two plate numbers that appear on the face of the notes. Examine Types 1, 3, and 5 in Figure 3 and you will see these differences. If all combinations of these three components existed, there would be twelve different layouts. When Huntoon wrote his article, he had found 3 of them. We have now located 5 different combinations which are summarized in Table 1. Others may exist. As Huntoon pointed out in his article, the Bureau chose the layout with the horizontal Treasury signatures, Bureau imprint in the lower border, and plate letters against the right and left borders as an eventual stan- dard before the issuance of Series of 1882 Date Back notes. We believe the other layouts were systematically replaced by the Type 5 variety by 1908 because we have never found 1882 Date or Value Back notes with layouts other than Type 5. Types 1 and 5 layouts are common whereas Type 4 is rather scarce. Types 2 and 3 are rare. The only Type 2 note that we know of was issued by the Housatonic National Bank of Stockbridge, Massachusetts, charter 1170, dated April 20, 1885. A photo of it appears on page 7 of Hickman and Oakes' 48th National List, February 1975. The only Type 3 note that we have located was issued by the National Park Bank of Liv- ingston, Montana Territory, charter 3605, a photo of which appears on page 65 of W. P. Donlon's May 22, 1971, Mail Bid Sale. It is certain that other banks is- sued these two rare varieties and it is likely that other types not shown in Table 1 exist. $10 SERIES OF 1882 BORDER VARIETIES Two interesting top border varieties exist on $10 Series of 1882 notes. The common variety has the fol- lowing arrangement of elements in the left half of the top border, reading from left to right: US, 10, TEN, 10, charter number, TEN, 10. (See Fig. 4.) The scarce variety has the arrangement: US, 10, TEN, charter number, 10, TEN, 10. (See Fig. 5.) The result is that the charter number on the scarce variety appears over the EN of the TEN above the left vignette whereas the charter number appears over the N in the common variety. The scarce variety occurs on plates bearing both the American Bank Note Company and Bureau of Engrav- ing and Printing imprints. It can also be found on Series of 1882 Brown Backs, Date Backs, and Value Backs. Obviously the Bureau made no attempt to standardize these plates as they did the $5 Brown Back face plates. ACKNOWLEDGEMENTS W. K. Raymond provided much of the data used in this article by meticulously searching through old photos and collections for these varieties. The William Higgins Foundation provided photos of the $5 Type 4 Brown Back variety as well as allowing Huntoon the opportun- ity to scan their vast holdings of notes for other varie- ties. Paper MoneyWHOLE NO. 66 PAGE 259 /7/ / 2.4Ar.er ry f.M.e tiYM; le OVALLE-TT MC A , Information about the treasury notes of 1858 is avail- able, but there is no record of surviving pieces. It is no wonder, since only $700 was outstanding according to U.S. Treasury records of June 30, 1896. Knox does not describe the two larger denominations, the $500 and $1,000 notes—authorized, but perhaps not issued—and only graphically shows the wording that appeared on the third denomination, the $100 note; and no mention is made of the vignettes or the bank note company which engraved these notes. However, the proof illustrated here removes the mystery concerning the design for the $100 treasury note of 1858. the following decade, 2,598,214 immigrants, many of them Irish and German, fled their homelands to seek employment in the expanding "New World." They found it, however many industrialists took advantage of this cheap immigrant labor. It was now the mid 1850s, and those immigrants who had arrived here during the preceding years were now eligible to vote, which created a vehement anti-foreign attitude among the native born. There was a threat of Southern secession, which would be carried out when the United States entered the next decade. Slavery had been abolished in the Design Uncovered for the $100 1858 U.S. Treasury Note By Gene Hessler, NLG From the time of the adoption of the Constitution in 1787 until the end of the Mexican War in 1848, ap- proximately 20 Congressional Acts were passed author- izing the issue of treasury notes. The last of these was the Act of January 28, 1847, under which $23,000,000 in treasury notes were issued to finance the Mexican War. An additional $5,000,000 in treasury notes were issued later under the preceding Act of July 22, 1846. (There were three earlier issues under this act.) All but $200,000 had been redeemed by July 1, 1850. Although the United States now seemed to be in a sound financial position, this was the lull before the storm. The census of 1850 revealed that the population of the United States had grown to 23.191.876. During north by the Missouri Compromise in 1820, but in 1854 the Kansas-Nebraska Bill repealed the decision. The Dred Scott Case of 1856-57 created more tension in the north. From 1850 to 1857 foreign imports exceeded exports by more than $300,000,000, and all but $50,000,000 was covered by net exports of specie. The year 1857 was the culmination of heavy banking interests in railway construction, interest so great that most bank funds were "locked-into" these investments, and they were unable to satisfy demands for commercial discounts. Those who held private banknotes scrambled to redeem them, and 5.100 resultant hank failures were recorded. "Prices of :locks, breadstuffs, and other commodities fell ruin PAGE 260 Paper Money WHOLE NO. 66 1,IgN lc 4 ' C. 11 ,Z N' A,* ("IFNI E Kir-1( N C ()INC I: EN JVNISVENTA.• IN-CUE NTA,"' IN C , flleeehi. II 111Plir .07 / ':///91 a -.NT It 1" , • / C C11441 A 4$ NN kl )„ i'Otivt(11111 ,w 4,f) wct4if,) 6,1;hii/./i/afhtiAir N TA C1 E;N'1'A,01 t %Interim. Btml■Noter," New -York , 34111...C1IN C ITV N TA .4*.:11 N N 50 centavo note date January 1875, of Bolivia utilizes a version of the Prince of Wales vignette found on the $100 U. S. Treasury note. ously, imports diminished immediately, many cargoes being returned without landing."' Once again it was time to issue treasury notes, the type which had saved the U.S. Government from ruin during the War of 1812, the Panic of 1837, and other periods of distress. On December 23, 1857, a law was passed authorizing $100, $500 and $1,000 treasury notes; these could be reissued, but not more than $20,000,000 could be outstanding at one time. The total emission under this Act was $52,778,900 including reissues, the last of which were issued on January 1, 1859. The majority of these treasury notes were issued with written interest rates of 4 1/2 , 5, 51/2 and 6%, al- though some bore interest rates as low as 3%. "The reason for the great variety of written interest rates . . was the bidding system. The notes were let for bids from bankers, investors and others on Wall Street, who were expected to subscribe to certain sums of principal value at a certain percent. It was to the bankers' ad- vantage to bid for notes at the highest interest rate; it was in the Treasury's interest to move them at the lowest ate possible." 2 For years it was assumed the engraving company which produced this issue was Rawdon, Wright, Hatch & Edson, the company which had engraved many of the earlier treasury notes, although Murray, Draper & Fair- man did engrave those of 1814 and 1815. We can now see that it was Toppan, Carpenter & Co., which can be traced back to 1829 when Charles Toppan, engraver and printer opened his shop at 28 Sansom Street in Phila- delphia. During the years before 1858, other names were for a time added to the company name of Toppan, those of Draper, Longacre and Casilear, to mention the most prominent. Of seven companies, Toppan, Carpenter & Co. was one of the four major companies to unite and form the American Bank Note Company on April 29, 1858. Charles Toppan, whose career as an engraver began in London, England, in 1819, was unanimously elected as the president of the newly formed company. Now that we know which engraving company printed the heretofore unknown design, we should take a closer look at the individual vignettes. The engraver of the eagle titled E Pluribus U num is unknown to me; how- ever, this engraving originally prepared by Toppan, Carpenter & Co. was later used on the $10 demand notes of 1861 and the legal tender notes of 1862 and 1863 which were produced by the American Bank Note Com- pany for the United States Treasury. The allegorical female figure of Union on the left of the 1858 treasury note was engraved by Alfred Jones; the background for this figure is the work of J. D. Smillie. This same engraving was used numerous times on various state bank notes. The illustrated note from Missouri bears the complete engraving which had been cropped for the $100 treasury note so as not to interfere with its border and lettering. The central vignette of a Revolutionary soldier, the symbolic figure of Liberty, and two Indians contem- plating a bust of Washington is the work of an engraver or engravers who are still unknown to me. Although I have been unable to establish who en- graved the figure of the young lad on the right, I have been able to identify him as the Prince of Wales. A portion of this same figure was later used on a 50 centavo note of Bolivia. Here is another example of a Toppan, Carpenter & Co. engraving being used later by the American Bank Note Company. For those who might be interested, the prancing horse, which I have The allegorical figure of Union appears "uncropped" on this $5 note issued by the Southern Bank of St. Louis. WHOLE NO. 66 Paper Money PAGE 261 The security paper used for this $50 interest bearing note is very similar to that of the $100 Treasury note. been told is titled Horse on (the) Prairie, was engraved by H. S. Beckwith in 1862. The overall color of the $100 note bearing the vignettes just described, is a light brown with black print. If you look very closely at the paper on which the $100 treasury note is printed, you will see repeated ovals throughout. If this note was issued on this type of paper, it is the only note known to be issued on security paper, by the U.S. government. At least on one other occasion a private bank note company prepared a proof note on security paper for the U.S. Treasury: I refer to the $50 interest bearing note issued under the act of March 3, 1863. Illustrated, you will see this note on paper somewhat similar to the 1858 treasury note; however. this same $50 note was issued on non-security paper. So until we have further proof, we cannot identify the type of paper used for the 1858 treasury note, but we have been able to confirm the design of this heretofore unknown note. Although the amount is minuscule, $700 for the entire issue is still outstanding. Perhaps an issued $100 treasury note of 1858 remains in hiding, waiting to he discovered. Sources: A. Barton Hepburn, A History of Currency in the United States, New York, 1924, p. 171. John Jay Knox, United States Notes, London, 1885. Walter Breen, "Promises, Promises X," Numismatic News Weekly, March 26, 1974. Photographs by William R. Devine and the author WARREN S. HENDERSON STATE SENATOR P. 0. BOX 1358 VENICE, FLORIDA 33595 OBSOL ETES ETC. $1 Central Bank of Alabama, Montgomery, VF, $8.00; $5 same, jumbo vignette, VF, $9.00; $1 Carmel-by-the-Sea, California, depression scrip, VF, $9.00; $1 Bank of New England at Goodspeed's Landing East Haddam Connecticut, no sigs., U, $5.00; $3 same, Jenny Lind, no sigs., U, $8.00; $20 Union Bank in New-London, no sigs., U, $12.00 ; $50 same, no sigs., U, $15.00; $1 Stonington Bank, (D.F.&Co.), no sigs. U, $6.00 $3 same (R.W.H.&E.), no sigs., U, $12.00; $3 Columbia Bank, Washington DofC, Franklin, VF, $12.00 ; $1 Bank of Ancastia, Ancastia, D.C., rare, F, $12.00 ; 10c, 25c, 50e, 75c, $1 Farmers & Mechanics Bank, Savannah, Georgia, ea. $3.00; $1 Timber Cutter's Bank, Savannah, VG, $6.00; $1 same, green lathe work, VG, $6.00; $1 Mechanics Bank, Augusta, F, $4.00; 50c Bank of the Empire State, Rome, stn., F, $6.00; 5c Union Bank, Augusta 1/1/63, VG, $4.00 ; $1 Bank of Whitfield in Dalton, U, $7.00; $1 Bank of Augusta, (D.B.& Co.), no sigs., stn., U, $4.00; $1 same, (D.T.&Co.), no sigs., VF $3.00; $3 Bank of Augusta, (Maverick), 1/2 sigs., U, $7.00; $5 same, (R.W.H.& Co.), no sigs., U, $4.00; $10 same, (R.W.&H.), Oglethorpe, VG, $4.00; $10 same, (D.W.&Co.), Washington-l., no sigs., U, $6.00; $20 same, (R.W.&H.), Oglethorpe, U, $8.00; $50 same, (M.D.F.&Co.), no sigs., U, $10.00; $100 same, (M.D.F.&Co.), no sigs., U, $16.00; $2 Bank of the State of Georgia, Savannah, branch at Augusta, VF, $8.00; $20 Augusta Ins. & Banking Co., (D.W.&Co), VG, $6.00; $1 Merchants & Planters Bank of the St. of Ga. Savannah, (D.W.&Co), VF, $5.00; $10 same, F+, $6.00; $1 Planters Bank of the St. of Ga. Savannah, 5/1/62 print, F, $7.00; $2 same, print "TWO DOLLARS" on L. end VG, $6.00; $2 same, print "TWO" on L. end F-VF, $10.00. $2 same, engraved, F, $7.00; $4 same, print, F-VF, $16.00 ; 50c Augusta Savings Bank, 10/1/61, VG, $4.00; $3 same, print, F, $7.00; $20 Mechanics Bank, (U.B.&S.), Augusta, VF, $7.00; $50 same, VG, $6.00; $5 Union Bank, Augusta, (B.A.&Co.), VF-XF, $8.00; $10 same, (B.A.&Co.), VF, $10.00 ; $5 Manufacturers Bank, Macon (R.W.H. &E.), VF, $7.00; $5 Bank of Milledgeville, (T.C.C.&Co.), VF, $12.00; 10c Walker Iron & Co., Rising Fawn, Ga., 1/1/1883, F, $9.00; $5 Bank of Commerce, Savannah, C.O.C., F. $8.00 ; $1 Farmers & Mechanic's Bank, Savannah, rut holes, ABNCo., VF, $8.00; $5 same, statue of "Freedom" in C., (as on top of U.S. Capitol), VF, $10.00; $50 same, ABNCo., VF-XF, $17.00; $100 same, ABNCo., 2pcs., needs work, VF-, $12.00; $2 State Bank, Levenworth, Indiana, a rarity, VF, $45.00; $1 Bank of Plymouth, Plymouth, also rare, VF, $35.00; $1 Chicago Clearing House Authority, Illinois, 11/11/1907, VF, $5.00; $20 Farmers Bank of Kentucky, Frankfort, Kentucky, no sigs., U, $7.00; $1, $5, $10 Frankfort Bank, (T.K.&T.), no sigs., U, ea. $5.00; $1 Newport Lyceum, Newpc/rt, F, $5.00; $1 Citizens Bank of Louisiana, New Orleans (ABNCo.), no sigs., U, $6.00; $5 same, (ABNCo), no sigs., U, $5.00 ; $10 same, (NBNCo), no sigs., VF, $15.00; $100 same, (ABNCo), no sigs., U, $8.00; $10 New Orleans Canal & Banking Co., (U.B.&S.), no sigs., U, $6.00; $20 same, (R.W.H.&E.), steamboat R., no sigs., U, $4.00; $20 same, (R.W.H.&E.), liberty R., no sigs., U, $4.00; $100 same, (U.B.S.&H.), female L., no sigs., U, $12.00; $100 same, (plain rev.), (R.W.H.&E.), boy R., no sigs., U, $8.00; $100 same, (printed rev.), (R.W.H.&E.), boy R., no sigs., VF, $7.00 ; $100 same, (R.W.H.&E.), Washington L., no sigs., U, $6.00. $500 same, (RWH&E), no sigs., U, $7.00; $1000 same, (RWH&E), no sigs., U, $12.00; $5 Washington County Bank, Calais Maine, G-$2, F, $5.00; $10 same, G-$2, VF, $6.00; $5 or $10 Susquehanna Bridge & Bank Co. Port Deposit, Maryland, XF, $7.00; $5 Bank of Maryland, Baltimore, F, 5.00; $5 Allegany County Bank, Cumberland, red ovpt., (ABNCo.), U, $8.00; $10 same, green ovpt., (ABNCo.), U, $12.00; $1 Farmers & Merchants Bank of Cecil County, Elkton, G, $5.00 ; $5 Chesapeake & Ohio Canal Co., Frederick, XF, $6.00; $20 same, VF-$5, AU, $7.00; $1 Farmers & Merchants Bank of Greensborough, G-$4, VF, $12.00; $5 Valley Bank of Maryland, Hagerstown, VF, $5.00 $5 Commercial Bank of Millington, XF, $9.00; $1 Bank of Salisbury, VG, $5.00; $1 Somerset & Worcester Savings Bank, Salisbury, red ovpt., VF, $4.00 ; $3 same, green ovpt., U, $9.00; $5 same, green ovpt., U, $5.00; $5 same, green ovpt., U, $5.00; 5 Clinton Bank, Westernport, F-VF, $7.00 ; $1 Coehituate Bank, Boston, Massachusetts, F-VF, $5.00 ; $20 Franklin Bank, Boston, F, $9.00; $10 Agricultural Bank, Pittsfield, G, $6.00; $1 Bank of Washtenaw, Ann Arbor, Michigan, V, $6.00 ; $5 same, blue 5s ovpt., VF, $5.00; $5 same, (D.T.L.&Co), U, $15.00; $3 State Bank of Michigan, Detroit (Lyman's Protection) no sigs., U, $12.00; $5 Peninsular Bank, Detroit, no sigs., U, $9.00; $5 Central Mining Co., Eagle Harbor, C.O.C., F, $6.00; $10 same, F+, $7.00 ; $5 Bank of Manchester, C.C., F-VF, $4.00; $1 Bank of Michigan, Marshall, (ABNCo), no sigs., AU, $7.00; $3 same, no sigs., U, $12.00; $1 Oakland County Bank, Pontiac, G-VG, $7.00. $1 Tecumseh Bank, Tecumseh, (R.W.&H.), no sigs., U, $7.00 ; $1 & $2 Bank of Florence, Nebraska, (T.C.&Co), no sigs., U, ea. $8.00; $2 Western Exch. Fire & Marine Ins. Co. Omaha City, (Bishop Hill, Ill deg.), U, $5.00; $3 same, (Bishop Hill, Ill deg.), U, $8.00; $5 Piscatagua Exchange Bank, Portsmouth, New Hampshire, no sigs., U, $4.00; 3c F. C. Tucker, scrip, payable Townsend Bank, Brookline, 7/4/64, VF, $5.00; $2 Farmington Bank, Farmington, (RWH&E), no sigs., U, $6.00; 2c Unsigned scrip, Concord, 7/1/64, stns., XF, $4.00; 2c Page & Martins, scrip, Manchester, 11/25/63, VG, $9.00; 25c White & Hill, scrip, payable Indian Head Bank, 10/1/62, VF, $3.00; $3 Union Publ. Co. advt. note, U.S. Type, Newark, New Jersey, VF, $6.00; 50c Jersey City, NJ "Certificate of Value", 11/15/62, VF, $4.00; $5 State Bank at New Brunswick, 1 /2 sigs., (RWH&E), U, $5.00; $1 same, 1/2 sigs., (NBNCo), U, $7.00; $1 same, 1/2 sigs., (ABNCo), U, $6.00; 10c City of Albany, 7/1/62, G, $2.00; $5 Bank of Orleans, Albiou, New York, G, $4.00 ; $5 Catskill Bank, Catskill, G, $3.00 ; $2 Institute College Bank, Ft. Edward, 1871, rare F, $9.00; $2 Bank of Hudson, (Maverick), 1817, AU, $10.00; $1 same, 1817, taped pc out, G, $4.00 5c-10c Village of Kingston, 9/19/62, VG, ea. $2.00; $1 Red Hook Bldg. Co. New York, one share, VF, $6.00 ; $5 Atlantic Bank of the City of NY, F, $9.00; $50 International College Bank, NY, (Bryant & Stratton & Co.) holes, VG, $6.00; $10 National College Bank, NY, (Bryant & Strotton & Co.), F-VF, $9.00; $5 Bank of Owego, Owego, VF, $8.00; $5 Cuyler's Bank of Palmyra, G, $2.00; 3e Eastman College Bank, Poughkeepsie, F, $8.00; lc same, AU, $12.00; 5e John Flagg & Co., Scrip, Troy, 7/12/62, VF, $8.00; 50c City of Troy, 10/1/62, F, $2.00; 25c No city or state National School Bank, VF, $6.00; 5c, 10e, 25c C. & C. R. Harmon & Root, scrip, Aurora, Ohio, U, ea. $3.00. $1 Cincinnati & Whitewater Canal, Cincinnati (W.&H.), F, $9.00; $3 Seneca County Bank, Tiffin, G, $5.00 ; $5 Store at Alleghany Fumace, Pennsylvania, 1/1/56, un sig., U, $2.00; 5c Lehigh County, Allentown (ABNCo) mishandled proof, $7.00; 10c same, (ABNCo) mishandled proof, $6.00; $1 & $5 Chambersburg & Bedford Tpke Road Co., 8/8/18, VF, $9.00; 15c Borough of Easton (ABNCo), Proof, XF, $15.00; 25e same, (ABNCo), erns off proof, $6.00; 50c same, (ABNCo), erns off proof, $5.00; 10c same, (ABNCo), stns., proof, $7.00 ; $5 Bank of Commerce, Erie, VG, $5.00; 25c Borough of Honesdale, (ABNCo), XF, $12.00; 5c, 15c 20c 25c Wm. Winterbottom, scrip, Lanni Delaware Co., V, ea. $8.00; 0/4c Dist. of Southwark, P-G, $4.00; $5 Bank of Lewiston, F+, $4.00; $5 Bank of Susquehanna County, Montrose, F-$5, XF, $8.00; $5 McKean County Bank, Smethport (B.C.& Co), no sigs., U, $6.00; 10e, 25c Wright & Co. Bankers, Tunkhannock, Pa., VF, ea. $5.00; $20 Towanda Bank, Towanda (D.U.B.&S.), VF, $7.00; $10 Farmers Exch Bank, Gloucester, Rhode Island, VF, $5.00; $1, $2, $3, $5, & $10 New England Commercial Bank, Newport, no sigs., U, ea. $5.00; $1, $2 Bank of the Republic, Providence, F, 5.00; $5, $10 same, VF, $7.00; $5 Farmers Bank, Wickford, F, $7.00; 15c Bank of the State of South Carolina, Charleston, F, $4.00; 50e same, VG, $3.00; 75c same, F, $4.00; $5 State Bank, South Carolina, Charleston, VF, $5.00; $10 same, VG, $2, VF, $5.00; $2 Bank of South Carolina, Charleston, no sigs., XF, $8.00; $20 same, (M.D.F.& Co.), no sigs., XF, $6.00; $20 same, (Print) reprint?, AU, $8.00; $5 same, (RWH&E), F, $2.00; $5 Farmers & Exchange Bank of Charleston, VF, $6.00. $20 same, (RWH&E), F, $6.00; $50 same, (RWH&E), F-VF, $10.00; $1 Fare S.C. Railroad Co., 7/1/73, (ABNCo.), gr. ovpt., VG $2, U, $6.00; $2 same, (ABNCo.), gr. ovpt., VG $2, F, $4.00; $2 same, 59 60 coc 60 32 62 63 65 66 66 67 68 69 70 71 cr. off 71 72 U-$4 XF- 3 U- 5 VF- 3 U- 6 U- 4 XF- 4 VF- 3 AU- 4 G- 1 AU- 2 U- 2 U- 5 XF- 2 U- 5 U- 4 Southern States WARREN S. HENDERSON STATE SENATOR P. 0. BOX 1358 ENICE. FLORIDA 33595 (ABNCo.) ; $2 same, (ABNCo.), red ovpt., C.O.C., F, $6.00; $3 same, (ABNCo.), red ovpt, C.O.C., G, $6.00; $5 same, (ABNCo.), gr. ovpt., VG, $5.00; 10c City of Charleston, P-G, $2.00; $5 Merchants Bank of South Carolina, Cheraw, VF, $7.00; $10 same, VF, $8.00; $5 Commercial Bank of Columbia, VG-F, $3.00 ; $10 same, VG-F, $5.00: $20 same, VG-F, $6.00; $5 Exchange Bank of Columbia, F, $5.00 ; $10 Bank of Georgetown, F, $8.00; $10 Bank of Hamburg, VG, $8.00; $10 Planters Bank of Fairfield, Winnsboro, G, $8.00; $5 same, G-VG, $8.00 ; $5 Bank of E. Tenn, Knoxville, br. at Jonesboro, F, $7.00 ; $5 Bank of Tennessee, Nashville, cr. off, VG, $4.00; $5 Central Bank of Tenn. Nashville, G, $3.00; $20 Bank of Bennington, Vermont, no sigs., AU, $9.00; $5 Bank of Pittsylvania, Chatham, Virginia (litho), VG, $5.00; 60c City of Lynchburg, 5/1/62, VG, $7.00; 5c D. C. Whitehurst, scrip, Norfolk, 10/16/61, F, $9.00 ; $10 Bank of Philippi, (W.H.&W.) (ABNCo.), VF, $12.00; $1 Merchants & Mechanics Say. Bank, Portsmouth, 8/1/61, XF, $9.00; 25c City of Portsmouth, 10/29/62, CSA Type Confederate F, $3.00 ; $1 same, 10/29/62, VF, $4.00; 15c same, F, $2.00; $1.25 Bank of the Commonwealth, Richmond, VF, $15.00; $3 same, VF, $12.00 ; $1 Farmers Bank of Virginia, Richmond, F, $8.00. 75c City of Richmond, 4/14/62, VG, $6.00; 10c County of Franklin, Rocky Mount. 6/3/62, XF, $12.00; 25c County of Rockingham, Harris- burg, 9/1/61, VG, $17.00 ; $1 Bank of the Commonwealth, Richmond. VG, $2.00; $1 Corp. of Winchester, 11/23/61, XF, $7.00; $3 Central Bank of Virginia, Staunton, 7/4/62, VF, $17.00 ; $1 same, VF, $6.00; $5 same, VF, $3.00; $50 Mineral Point Bank, Wisconsin, 6/1/1838, (RW&H), VF, $27.00; $5 Miners Bank, Dubuque, Wisconsin Territory, no sigs., VF, $200.00; $1 Perry County D. ( ?), 1837, VG, $6.00; $1 Seat, Slaughter & Co. From Tait's to Hopkinsville, (E&URR)?, XF, $15.00; $1 Whitehaven & Lousanne Tpke Road Co., from?, Poor, $6.00. Write for list of Confederate and Southern States Notes. and Southern States Notes Criswell # U-$90 XF- 10 U- 15 VF- 5 coc G-VG- 12 G-VG- 90 coe (sm) F-125 VF- 6 AU- 8 lg. end off G- 2 VF- 7 XF- 9 3 crs off U- 20 coc F- 20 cut close U- 90 VF- 6 U- 8 rust hole VF- 7 A VF- 50 Ala #3, $1 U-$2 B F-35 C F- 45 coc VG- 7 coc VF- 15 VF- 20 VG- 35 VF- 55 G- 45 VF- 4 AU- 15 F- 20 VF- 15 U- 9 VF- 7 XF- 9 U- 7 Ga. #25, $10 VF 2 26 $5 U 3 31, $50 U 25 La. #4, $3 XF 3 10, $5 U 4 13, $20 AU 5 14, $5 VF 3 29, $5 U 4 25, $5 only note known showing Pres. Andrew Johnson c.c. U 45 Miss #95, $10 coc VF 15 Mo. #18B, $1, F $6 U 15 #19, $100 XF 9 #20, $50 F 4 N.C.-127 notes, all for $225 S.C. #9, $100 spl. U 20 Texas HW 10 VF 20 A4, $5 cc F 15 A6, $20 cc F 15 A7, $50 F 25 10(C9), $3 U 8 12(C3), $5 U 7 14(C9), $5 U 7 18, $10 stud VF 7 19, $10 coc VF 5 20, $10 U 7 Va. #13, $5, F-$3, VF- $4, U $6 #17, $1 VG-11 5 sm. c.o.c. 8 8 9 10 12 12 13 13 14 14 14 17 17 17 18 18 21 22 22 22 24 24 29 31 31 32 36 42 43 49 54 55 55 57 sm roe coc C A coc 4, 50c U- 1 6, 25c U- 1 Fla-Territory, a magnificent set 8, thru 11. Please enquire. Fla. #8A $2 VG 8 9 $1 rust F 11 9A $1 F 9 Ga. # 4, $10 U 5, $5 U 2 6, $100, rust U 6 7, $50 G 1 7, $50 U 4 22, $50 XF 5 23, $20 VF 2 Paper Money WHOLE NO. 66PAGE 264 DIRECT (!`) Pi 4/, if'?4/ /./ 7/. // /( 1)()I.I.A R S / cvrtravia.viko INK of VINCE NA RS /'/Y1/6// //7 w (//;///.////,/(// (/ /hi( ///fP1 _.///fe,/;',/,) 74/./l .,,kvAlf,74///17/: ze BANK(,, /dr re ( till r spe $3 note issued by the Bank of Vincennes, prior to the time that the institution became a state bank in 1817. Rare anknotes, Banks, and Bankers of Indiana By Wendell Wolka PART V This article is the fifth in a series devoted to the many and varied stories concerning Indiana obso- lete notes and the banks and bankers who made them possible. The Bank of the State of Indiana— An Overview of Extremes The Bank of the State of Indiana must be considered one of the most unusual financial institutions ever born during the free-wheeling period of the mid 19th century. One must first look at the years preceding the bank's An issue of the first state bank, The Bank of Vincennes, the State Bank of Indiana. 7/71 • I; /7 //,,, ////// air 3 // f e I /1/ e Paper MoneyWHOLE NO. 66 PAGE 265 formation in order to understand the events surrounding its birth and formative years. Indiana's first attempt at state-sponsored banking was the Bank of Vincennes. the State Bank of Indiana. The Bank of Vincennes had been chartered to do business by the Territorial Legisla- ture in 1814 but was not made a true state institution until 1817. The hank did a more or less satisfactory business al- though it seemed to find itself constantly in the middle of controversy regarding business practices and loan policies. One of these questionable loans finally caught up with, and ultimately destroyed, the Bank of Vin- cennes in 1821. The Vincennes Steam Mill Company burned to the ground on the night of February 10, 1821, and could not pay its debt to the bank. The investiga- tion which followed uncovered massive fraud and the hank unceremoniously closed its doors in 1822. The Second Bank of the United States served as the financial instrument for Indiana during the 1820s and 1830s although it did not have a branch within the boundries of the state. When Jackson's defeat of Clay in 1832 made it almost certain that the Bank of the United States would not be rechartered, consideration was given to what should fill the void. The answer was the State Bank of Indiana. Chartered in 1834, it was a statewide bank OF branches as opposed to a bank WITH branches. Each branch was equal to the others and all were mutually responsible for each other's circulation. The State Bank of Indiana proved to be one of the strongest financial institutions in the country, weathering the turbulent financial storms of the 1830s in excellent condition. The State Bank of Indiana's charter was to run for 25 years, expiring January 1, 1859. Note issued by the "Steam Mill Company", the firm which sent the Bank of Vincennes, the State Bank of Indiana, 'under'. The State Bank of Indiana was not, however, without it detractors. The basic complaints were concerned ith the facts that the bank was not acting to increase the number of branches when business activity de- manded them and was not supplying enough circulating currency. Therefore, to supplement the State Bank of Indiana, the Free Banking Act of 1852 was enacted. This act provided for private banks of issue. Securities were deposited with the state and notes were then issued by the banks after having been countersigned by the state auditor. Should the free bank refuse to redeem its notes or otherwise fail, the securities which the state held were sold, the notes called and redeemed by the auditor, and the bank closed. In theory this should have worked well. but the sharpers connected with most of these new banks often deposited nearly worthless bonds with the state. When these securities were sold on the open mar- ket, often during periods of financial turmoil. the hank note holders often received only a small percentage of what they were due. Over 100 free banks were author- ized under the Free Banking Act of 1852 and its subse- quent revisions and most of them had disappeared from the scene after the global upheavals of 1854 and 1855. The year 1855 found the financial institutions of In- diana in an unsettled condition. As has been previously mentioned, a great majority of the recently authorized free banks were no longer in business. The State Bank of Indiana which had served as Indiana's pillar of finan- cial strength had stopped discounting and had begun to call in its circulation so that it could wrap up its busi- ness affairs in good order by the time that its charter ex- pired in January, 1859. Clearly there would have to be institution formed in order to keep commerce and in- dustry moving forward in the state. This had been realized as early as 1854 when a group of "lobbyists" had approached a number of the directors of the old State Bank of Indiana with the suggestion that they could get the old State Bank rechartered for a mere $200,000. Another proposal put the price at a bargain WHOLE NO. 66PAGE 266 Paper Money The state's second attempt at state sponsored banking resulted in this issue. rate of $10,000. The State Bank of Indiana had been very good for its shareholders financially over the years and so, even at these prices, the scheme was tempting. However, J. M. Ray, Secretary of the Board of the State Bank of Indiana, squashed the deal by refusing to be a party to any scheme which would have as its goal the corruption of the state legislature. Thus 1855 also found this group of lobbyists in a dilema. Their overtures to the directors of the State Bank of Indiana to get the institution rechartered by way of mass bribery of the legislature had been rejected. Their attention now turned toward the chartering of a new institution to take the place of the State Bank of Indiana. The lobbyists worked quickly. A bill to charter a state bank to be known as "The Bank of the State of Indiana" passed the Senate on February 24, 1855 by a vote of 27 to 22. The bill also passed the House but was stopped by the Governor's veto. Governor Joseph A. Wright had a reputation as a "hard liner" on banking matters and vetoed several pieces of legislation regarding banking which he felt invited dishonesty and corruption. His objections to the charter bill were many and included the "facts" that: 1. He had not had sufficient time to study the bill. 2. The bill's provisions gave the new bank the right to issue almost unlimited amounts of currency. 3. The legislature had not thoroughly considered the bill. 4. The bill exempted the new bank from most taxes. 5. The way in which its stock could be subscribed was unfair and invited corruption. 6. The new bank would have the right to discount paper equal to three times its capital stock plus three times its deposits. /27////,''////4//' 7////////i/ r ,* .z; /..4:1/5WAVA6' Governor Joseph A. Wright Paper Money PAGE 267WHOLE NO. 66 7. Even its title, "The Bank of the State of Indiana", was adopted to mislead the citizens since the state would have no control over the bank. The legislature seemed, however, to pay little heed and passed the legislation over the Governor's veto through both the Senate and House on March 3, 1855. An investigative joint committee, appointed at the suggestion of Governor Wright, during 1857's legislative session found that there had been massive corruption and fraud connected with the establishment of the Bank of the State of Indiana two years earlier in 1855. Most of the graft centered around the locating of branches for the new Bank of the State of Indiana and the sub- scription of stock in the new enterprise. The bill char- tering the bank provided that the location of branches was the responsibility of the Board of Bank Commis- sioners, all of whom were much respected men in the state. The simple fact, however, is that these gentlemen made themselves financially well by selling locations of the new bank branches in many cases to the highest bidders. The fee varied with the circumstances but one typical example is that of Muncie, Indiana. In order to make sure that they would have a branch, the local stock subscribers had to pay an additional $6,000. This was raised when each subscriber paid an extra six percent on his stock to the commissioners. Stock subscription rights also proved to be a tempting way to get things done to one's own liking. During the legislative battle to get the charter bill passed, almost anything was promised to anyone whom it was felt might be able to exert some positive influence. Bribes in the form of rights to subscribe to a certain amount of stock varied in magnitude from only a few shares to over a thousand. In a few instances, bank branch locations were even promised to those who were perceived to be especially important or prominent. Needless to say, this kind of graft helped get the charter bill passed with greater ease than could have been expected otherwise. The Board of Bank Commissioners was also to appoint for each branch location two sub-commissioners who were to oversee the subscription of stock. The law further specified that the subscription books were to be opened between the hours of nine and twelve o'clock on the appointed days. Advantage was taken of these two provisions in two ways. First of all, the Board of Bank Commissioners made sure that the sub-commissioners which they appointed would "play ball." This was usually insured by allowing the sub-commissioners to subscribe for a few shares of the lucrative bank stock. In return for these subscription rights, the sub-commis- sioners made sure that only those people approved by the commissioners got to subscribe for any significant amounts of stock. Secondly, the law stated that the stock subscription books were to be opened BETWEEN the hours of nine and twelve as opposed to being open FROM the hours of nine to twelve. In practice, this meant that the sub-commissioners opened the books for only a matter of minutes in many instances. Several examples will show the disgraceful way in which this was handled. At Laporte, one of the sub-commissioners opened the stock subscription books, subscribed for $60,000 (a con- trolling interest) and then invited the public to subscribe. At New Albany, the sub-commissioners failed to open the books at all. The scene at Bedford found the sub- commissioner presented with a prepared list of favored subscribers. This list of names was transferred to the stock subscription books and the books were then closed; the books had been open for about five minutes. The books for the New Albany branch were finally opened in May, 1856. The "opening" took place in bed- room number six of the Pavilion Hotel and lasted from 9 a.m. to 9:10 a.m. with only the sub-commissioners present. At Madison, the sub-commissioners never got around to opening the books to the public and simply sent off a list of favored subscribers to Indianapolis. This scene or variations of it was repeated at nearly every town in which a branch was to be located. Most of the people who did get stock sold it almost immediately to eastern financial combines at large pre- miums. In Governor Wright's words: "The stock, in place of passing into the hands of our citizens, farmers, mechanics, merchants—men identified with the prosper- ity of our State—is transferred, in many of the branches, to men beyond our limits, who have no other interest in the prosperity of our State, than to make it the theater of their speculations." Based upon this virtual three-ring circus of fraud and corruption in 1855 and 1856, one would automatically assume that the Bank of the State of Indiana would be run at about the same level of degradation. Amazingly this was not the case. From its first day of operation on January 1, 1857, the Bank of the State of Indiana conducted a sound and PAGE 268 Paper Money WHOLE NO. 66 $1 Note issued at the Indianapolis branch bank. prosperous business. It, in fact, served as the state's financial backbone throughout its existence. Its success was based in large part on the ability of its operating KNOWN NOTES officers. Hugh McCulloch, who in a few short years would go on to become the nation's first Comptroller of Branch $1 $3 $5 $10 $20 $50 $100 the Currency and also to hold the office of Secretary of Bedford Xthe Treasury, was the president. James M. Ray, the man who stubbornly refused to cooperate with the lobby- Connersville X ists in 1854-1855 was cashier. Evansville X The bank prospered until it finally gave way to the Fort Wayne X X new era of National Banks and banking. The 1865 Gen- eral Assembly, Indiana's legislative body, authorized the Indianapolis X X" X X" X* bank to wind up its affairs and almost all of the branches Jeffersonville X then became National Banks. Lafayette X With the passing of the Bank of the State of Indiana, LaPorte No Known Notes the era of state-wide banking systems of issue came to Lawrenceburg X Xan end. Lima (now Howe) X X X Syngraphic Aspects Logansport X Notes issued by the branches of the Bank of the State Madison X X Xof Indiana were of a uniform design for any given de- nomination although an ornamental back specified the Muncie X X X branch location on each note. All notes are relatively New Albany X X scarce to rare. The most commonly seen notes are the $1 and $5 denominations. The $3 issues are very Plymouth X scarce and $10 notes are extremely rare. No circulated Richmond X X X $20s, $50s, or $100s have been seen to date although at Rushville Xleast one proof $20 note is known. South Bend No Known Notes The following table elaborates the branches and the notes which are known to have survived from each. All Terre Haute X X X branches are believed to have issued each denomination Vincennes X with the possible exception of $50s and $100s. * Proof Should you have a note not shown in the table below, I ask that you get in touch so that future research will be correct and up-to-date. BACK OF $3 NOTE WHOLE NO. 66 Paper Money PAGE 269 The Fort Wayne branch issued this $3 note. BACK OF $1 NOTE re Dollars PAGE 270 Paper Money WHOLE NO. 66 $5 Note issued at the Evansville branch bank. References: Speech of Governor Joseph A. Wright, on the Bank Fraud Case; delivered March 9, 1857—Indiana State Library, Indianapolis "State Banking in Indiana, 1814-1873" by Logan Esarey, Indiana University Studies No. 15, 1912— Indiana State Library, Indianapolis General Laws of Indiana, Chapter CXI, "An Act to es- tablish a Bank with Branches"; 1855, pp 229 to 251— Indiana State Library, Indianapolis Acknowledgements: "The author would like to especially thank Dr. Jack Vorhies for providing photographs of notes from the Hendrickson, Jensen, and Vorhies collections. These photographs will be part of the Society's upcoming book, Indiana Obsolete Notes and Scrip. WHOLE NO. 66 PAGE 271Paper Money Above: $10 note is- sued by the branch bank at Richmond. Below: $20 note "Un- issued". PAGE 272 WHOLE NO. 66Paper Money Original Sword-in-hand note engraved and printed by Paul Revere. In four issues, the note would be altered several times to reflect the growing independence of the Massachusetts Colony. Patriotic Pride of ass ICal chusetts Pic.tper Money By Virgil Culler The guns on Bunker's Hill were again silent; Boston was still occupied by the British and the Massachusetts Bay Colony was in most desperate need of money. In accordance with the directions of the Continental Congress, the people of Massachusetts chose at their town meetings the representatives for a new Assembly. Boston patriots, who were scattered because of the British occupation of the city, gathered at Concord to choose their representatives. These and others met at Cambridge and on July 19. 1775, the Provincial Congress was dissolved forever and a new House of Representa- tives and Council—the General Court—created. bills of credit. On July 27, an appointed committee favored the emission with denominations set from one to forty shillings. Another committee appointed Aug. 1 was to procure paper for the bills which were to be printed in type. However, on Aug. 4, it was voted that the bills should be printed from engraved copper plates and that Paul Revere be contracted to engrave the plates and print the notes. The Committee of Safety had recommended that the Provincial Congress provide for an issue of £100,000 of When the General Court of the Massachusetts Bay Colony assembled, an Act was passed on Aug. 23, 1775, to authorize the issue of £100,000 in paper money. This issue came to be known as the "Sword-in-hand" notes because it was specified that each note have on the back the figure of an American "Minuteman" with a sword WHOLE NO. 66 PAGE 273Paper Money in his right hand, and the following inscription, "ense petit placidam sub libertate quietam," which translates to "He seeks by the sword calm repose under the aus- pices of freedom." In the Minuteman's left hand is a scroll with the words "Magna Charta." Around the figure is the patriotic expression "Issued in defence of American Liberty." The Act authorizing the issue provided for 16 denomi- nations: 1, 2, 2/6, 4, 5, 6, 7/6, 8, 10, 11, 12, 17, 20, 24, 30 and 40 shillings with a printing of 10,000 notes of each denomination. Forty percent of the issue was to be redeemable on Aug. 18, 1778, with 30 percent re- deemable Aug. 18, 1779 and the remainder on Aug. 18, 1780. Measurements of four inches tall by three inches wide were specified for the notes. A tax was to be levied to provide funds for the redemption of the notes when they came due. On Aug. 23, the House appointed a committee to at- tend Revere while he was printing and to take charge of the plates when the job was done. Joseph Wheeler, Daniel Hopkins, Ebenezer Sayer and William Story, along with others that might be added later, were appointed to sign and number the notes. Any three of the signers were originally required for each note. It was also specified that one of the signers should use red ink, another, blue ink, and the third, black. Later the same day, Thomas Plympton was appointed to re- place Story as a signer. The following day Joseph Cushing was chosen to replace Daniel Hopkins. When the House reconvened on Sept. 22, it was or- dered that the first thousand notes of lower denomina- tions (1 to 8 shillings) could be validated by the signa- tures of any two of the committee and the remaining 9,000 notes of each denomination, by just one signer. Since 4,000 of the bills from 10 through 40 shillings had already been signed by three committeemen, the 6,000 remaining notes were to be signed by only two of the committee. James Prescott was added to the committee. A letter in the Massachusetts Archives written by Paul Revere on Dec. 8, 1775, and sent to the House, reads as follows: "I the subscriber agree to engrave the plates and make the necessary alterations in the same, and print the number of bills the Honble House of Represtas shall order, for the sum of one penny half penny old tenor, each bill and finde the paper, and all the mate- rials, the paper to be equal to the last emission. As the alteration & engraving will not be quite as much work as the last, I agree to allow thirty shillings L. money out of the whole." Revere went on to add that his last purchase of paper for note printing had cost him $6 a "rheem" rather than the $4 expected, and that he had paid this extra charge out of his own pocket. On Dec. 8, 1775, the House passed a resolve agreeing to Revere's terms and directing the plates to be delivered to him. Much time and effort was spent in the next six weeks in finding members who could afford the time to sign the new bills. Appointed were: Joseph Wheeler, Abner Morgan. Daniel Hopkins, Joseph Batchelder, William Pynchon, Dummer Sewall, Thomas Rice and Benjamin Ely. Bills from eight pence to seven shillings were to re- ceive one signature, while notes from 10 to 48 shillings were to be signed by any two members, one in black and the other in red. On Jan. 24, 1776, the House authorized payment of £81-16-8 to Paul Revere for his work. A third issue of Sword-in-hand notes was dated Sept. 17, 1776. In all £50,004 in denominations of 10. 14, 16, 22, 28, 36, 42 and 48 shillings was issued, with 4,630 of each produced. The House-appointed committee again obtained from Henry Gardner, treasurer, the printing plates. Revere was ordered to alter the plates, substituting the word "State" in place of "Colony," along with the redating. For this third printing, the printer raised his charge to two pence per note. On Sept. 16, a committee consisting of John Murray, John Bliss, Thomas Cook, Abraham Fuller, Jonas Dix, Jonathan Brown, John Lewis and Henry Hill was author- ized to sign and number the new issue. Later the same day, Aaron Davis and Ichabod Goodwin were substituted for Fuller and Bliss. Any two men could sign any of the notes. On Oct. 29, 1776, an act was passed authorizing the final issue of Sword-in-hand notes. They were to be dated Nov. 17, 1776. The issue was for £50,004 and to be printed from the altered original copper plates by Paul Revere. Chosen to number and sign were: John Dix, Jonathan Brown, Ichabod Goodwin, Israel Hubbard, William Drew, Ezra Sergeant and Joseph Noyes. However, on Dec. 6, a new act provided for an additional issue of £20,034 making a total of £70,038 or 6,485 notes of each of denomination, those to be identical to the September issue. The 24-shilling note illustrated with this article is one of the original 4,000 notes signed by three commit- teemen. It bears the Aug. 18, 1778, due date and the signatures of Joseph Wheeler in vivid blue, Joseph Cush- ing in red and Thomas Plympton in black. On Oct. 17, 1775, Paul Revere submitted his bill for the note-printing; 160,000 notes at 1 1/2 pence each for a total of £113-6-8. An order was passed that day for the removal of the completed notes and the plates from Revere's shop and three days later the House resolved to pay Revere for his printing services. More currency was soon needed by the Colony for its public debts. On Dec. 22, 1775, an act was passed by the General Court authorizing a £75,000 issue of bills of credit to be dated Dec. 7, 1775. Copper plates were again specified with denominations changed as follows: 8 pence, 1/4, 1/6, 2/8, 3, 3/4, 4/6, 7, 10, 14, 16, 22, 28, 36, 42 and 48 shillings. There were to be 6,250 notes printed of each denomination; 40 percent to be redeem- able Dec. 7, 1781; 30 percent on Dec. 7, 1782 and the remainder on Dec. 7, 1783. The notes were to be of the same design as the previous issue. (Continued on Page 294) PAGE 274 WHOLE NO. 66Paper Money It's in the Books— Excerpts from Dye's Counterfeit Detector, July, 1884 Edition COUNTERFEITS OF U. S. 'TREASURY NOTES Continued from Whole Nos. 64/65 $20 A B C D. Act of March 3, 1863. Series of 1878. John Allison, Register; Jas. Gilfillan, Treasurer. A passable counterfeit but will not bear close examination. Made by photograph process in outline and finished with pens and brushes much the same as counterfeit of 20, series of 1875, just described. Done on a paper nearly a perfect imitation of the genuine. Inks almost the same shade of genuine. As on all such notes, a moistened thumb applied to the Treasury numbers or the green tint on the back of note removes the color. $50 C. Act of February 25, 1862; dated March 10, 1862. Series 1. One of the "convertible" series. An inferior counterfeit. Engraving badly executed. Vignette head of Hamilton defective, the nose of the portrait runs to an unnatural sharp point and there is a peculiar "dish" to the countenance not seen in the genuine. Numbering imperfect. Plates captured. $50 A B C D. Altered note. Very dangerous. Made by raising genuine $2 Treasury notes. By error, certain Treasury 2s and 50s bear the same vignette head of Hamilton. On genuine fifties the vignette head of Ham- ilton is at the top of the note, on the twos and the raised note, it is at the bottom. The vignette head of Hamilton has often been cut from genuine twos, the back removed and the face neatly cemented over the inferior work of poor counterfeit fifties, which were thus made passable. $50 A B C D. Act of March 3, 1863; dated March 10, 1863. New series 1. Patented 30, June, 1857. Two different counterfeits, but both poor. Face of notes from different plates, but with same backs. Engraving of vignette head of Hamilton coarse and defective. On the face of notes in the counters bearing the large figures 50 are white lines surrounding smaller italic 50s. On the genuine, one of these white lines crosses the space inside the large 0. In one of the counterfeits, this line does not cross the large 0, and the space inside the same is occupied only by the back-ground. But in both counter- feits on the back of notes the small counters inscribed 50, which form the border of the back and the inside space, though octagonal, are crooked in outline and lack the per- fect form of the genuine; and surrounding all these small 50s are the words fifty, fifty, yet in both counterfeits these words are perfectly illegible. Plates captured. $50 A B C D. Act of March 3, 1863; dated March 10, 1863. New series 1. Patented 30, June, 1857. Dan- gerous counterfeit. Engraving good in general. Vignette head of Hamilton very finely done. The buttons on Ham- ilton's vest not as distinct as on genuine. In the counters bearing the large figures 50 are white lines surrounding smaller italic 50s. On the genuine, one of these white lines crosses the space inside the large 0. In the counterfeit this line does not cross the large 0, and the space inside the same is occupied only by the back-ground. On the back of the genuine, the counters inscribed 50 forming the border of the greenback and of the inside space are octagons hav- ing obtuse angles. In this counterfeit the outlines of the small counters described are almost perfect circles. $50 A B C D. Act of March 3, 1863; dated March 10, 1863. New Series 2. Patented April 28, 1862, above the check letter, upper left of note. A splendid counter- feit, one of the most dangerous in existence. Engraved by Thomas Ballard in a style equal to genuine. Inks and printing nearly equal to the genuine, Numbering perfect. The buttons on the vest of Hamilton are not as distinctly prominent as on genuine. In the counters bearing the large figures 50 are white lines surrounding smaller italic 50's. On the genuine, one of these white lines crosses the space inside the large 0. In the counterfeit, this line does not cross the large 0, and the space inside the same is occupied only by the back-ground. On the back of counter- feit near lower left corner two of the counters in the border are partly merged and a cipher being omitted, the figures read "550." On the genuine the same counters are not so much merged, and the figures read "50 50." On the genuine the small counters inscribed "50," which form the border of the green back and of the inside space are octagons with obtuse angles. In the counterfeit the out- lines of the small counters described are almost perfect circles. Plates captured. $50 B. Act of March 3, 1863. Series of 1869. A superior and dangerous counterfeit. Excellent general appear- ance. Engraving good. Vignette portrait of Henry Clay a fair likeness. Numbering well done. Lathe-work a fine imitation of genuine, nearly perfect. On the genuine, between "Series of" and "1869," at upper left face of note, is a flourish, which is omitted from the counterfeit unless pen-made. On back centre of genuine note, at top of large 50, two stars emerging show five points each; two stars bottom of 50 four points each. On counterfeit the star top of large 5 in 50 shows six points; the star top of 0 in 50, and two stars bottom of 50, five points each. All genuine notes are printed on distinctive fibre paper, counterfeits on plain paper. Plates captured. Handle with Care. $50 D. Act of March 3, 1863. Series of 1875. A pen- made counterfeit of good appearance, artistically finished with the brush, and well calculated to deceive those not experts. A moistened thumb applied to the Treasury numbers or green tint on back of note removes the color. $100 A B C. Act of February 25, 1862; dated March 10, 1862. Series 1. "Exchangeable for U. S. six per cent. twenty years bonds." A dangerous, though defective, counterfeit. Engraving coarse. Vignette of spread eagle upon a rock badly done, the plumage "scratchy." On the genuine the stem of the feather in the eagle's tail near the left claw is very distinct. In the counterfeit the stem of the feather described is almost or quite invisible. The figures used in numbering are much longer or "deeper" than in genuine, are imperfect, and the printing off color. On the back of the genuine, in the scroll work on both sides of the circle, the figures 100 appear repeat- edly in regular order thus, "100." On the counterfeit, on right hand side of center, the figures are reversed and stand thus, "001." Lathe-work quite defective. $500 A B C D. Act of March 3, 1863. Series of 1869. An exceedingly dangerous counterfeit. Superlative imita- tion. Engraving and general execution equal to genuine. Upon the appearance of this counterfeit the Treasury is- sued enlarged photographs of the same, and of the genuine for comparison, to aid detection. The buttons on the coat of Adams are not round in the counterfeit, while on the genuine they are perfectly so, and stand out like pin- cushions; the foot of the Goddess of Liberty on left end of note on counterfeit is slightly deformed, the top or instep of the same is nearly flat, while in the genuine it is oval; by a close observance of the counterfeit it will be seen that the foot has the appearance of having six toes, two little toes, or a corn on the side of the foot. The points of difference are so very slight that a direct and very careful comparison of the genuine with the counter- feit is necessary to detect. Receive these notes, only as bills for collection. $1000 A B C D. Act of March 3, 1863; dated March 10, 1862, and March 10, 1863. An exceedingly dan- gerous counterfeit; nearly a perfect imitation. Engraving almost or quite equal to genuine. Lathe-work but very little defective, and somewhat blurred in certain places. WHOLE NO. 66 PAGE 275Paper Money The points of difference are so very slight that a direct and very careful comparison of the genuine with the counterfeit is necessary to detect. Upon the appearance of this counterfeit the Treasury issued enlarged photo- graphs of the same and the genuine for comparison to aid detection. Upon the original plate of the genuine first issue of this note the date was by mistake engraved March 10, 1862. This error was copied by the engraver of the counterfeit plate, and counterfeit notes were thus printed. Afterwards, the error being discovered, the genuine issue was made to bear the proper date, March 10, 1863. This too was copied by the counterfeiter, and counterfeit notes issued accordingly. All who are not thoroughly expert best receive these notes, only as bills for collection. INTEREST BEARING NOTES BOB MEDLAR. JVP —10— 10 — Bottom Line Note Brings Top Dollar Scarce bottom note from a sheet of four $10 Series 1902 Nationals on the Tanner's N.B. of Woburn, Mass. sold for a strong $280 in Jess Peters' recent Virginia Numismatic Association auction. Uncirculated note retains the bottom margin of the sheet, with engraver's initials and other BEP information. Note also has bank serial number 1. Volume of Counterfeits Increases Dramatically SPMC'er John J. Merrigan, Jr. has funished the fol- lowing report from the January 1976 issue of Police Times: United States Secret Service Director H. Stuart Knight announced that his agency seized 93%, or $45 million, of the $48.6 million pro- duced by counterfeiters in fiscal year 1975 before it could be passed on the public. This represents a 127% increase in total counterfeit production over fiscal year 1974, and is $20.9 million higher than the previous record established in fiscal 1972. Loses to the public jumped $1.2 million to a figure of $3.6 million representing a 49% increase over fiscal 1974. The amount seized, $45 million represents an increase of 137% over the past fiscal year and exceeds the previous high (FY-71) by $21.6 million. Director Knight noted that the increase in the num- ber of notes passed rose only 29%, indicating a higher incidence of larger denomination notes. He stated that the $48.6 million produced by counterfeiters, $39.3 million originated with counterfeiting conspiracies initiated during that fiscal year. Of the latter amount, $37.9 million was seized before it reached the market place, and the plant operations re- sponsible for $37.3 million (95%) were successfully suppressed by the end of the fiscal year. Dear Members: Thanks for your patience and forbearance with the delay in receiving your PAPER MONEY. By now, you all know we lost our Editor of some 12 years, Barbara Mueller. We did not find her replacement easily! This is the second issue under the Editorship of Doug Watson and we should be back to our normal schedule with the next issue. Our Well has run dry! Over the years, Paper Money has been receiving many fine feature articles, short articles and "quickies" from our members. But. the well is dry. For us to continue with one of the best and most desired magazines in the numismatic field, we must have items of interest for others to enjoy. Now, I know a reservoir of 2200 plus members, contains a vast a- mount of knowledge. Get it down on paper, take a photo or two, and send it in. Can't write? Don't worry, we have an Editorial Board who will review it for you and also help with sentence structure and the like. Who knows, you may receive one of our several literary awards next year. Paper Money continues to be the best bargain for your advertising dollar. Even with the nominal increase in rates voted at our August meetings, the rate is only $25.00 per half page. Where else can your advestising dollar be spent so well? Your Ad is placed before 2200 active and interested collectors. Now, with our Paper Money back on schedule, our lead time is only 3-4 weeks. Not bad, huh? See ya', The following table provides a comparison of the receipts of counter- feit currency during fiscal years 1971-1975: COUNTERFEIT NOTES AND COINS 1971 Loss to the Public $ 3,488,159 Seized Before Circulation 23,356,008 TOTAL $26,844,167 1972 1973 1974 1975 $ 4,830,869 22,921,455 $27,752,324 SPMC 1977 REGIONAL MEETINGS FUN—Miami; Jan. 5; Grover Criswell, Chairman and program. NASC—Los Angeles; Feb. 26; Charles Colver, Chairman; Jef- fries Bank Note Co., Program. METRO—N.Y.-N.Y.C.; March 25 or 26; Ernie Bain, Chair- man and Program. TNA—Fort Worth; April 23; Tom Bain, Chairman; TBA, Program. CENTRAL STATES—Milwaukee; May 14; Wendell Wolka, Chairman; TBA, Program. PAPER MONEY—Memphis; June A; Mike Crabb, Chairman; TBA, Program. ANA—Atlanta; August; TBA, Chairman and Program. $ 2,439,287 18,962,501 $21,401,788 S 3,352,281 21,953,230 $25,305,511 $ 3,624,008 45,000,974 $48,624,982 mrecomv 819566< tft '0. WIRS014.-Wi; iiiitt-3 A 110E37 4r4 4 ttlialul PAGE 276 WHOLE NO. 66Paper Money WORLD'S FIRST MATCHED NUMBERED SET OF BANKNOTES Obverse of the world's first matched numbered set of bank notes issued this month by Jamaica feature George William Gordon, member of the Jamaica House of Assembly who was unjustly hung for his role in the 1865 Morant Bay Rebellion. $10; Norman W. Manley, Jamaican Premier, 1954-62, and father of the nation's current Prime Minister, $5; Paul Bogle, martyred leader of the 1865 uprising, $2; and Sir Alexander Bustamante, the nation's first Prime Minister and founder of the Jamaican trade union movement, $1. Reverse design of the world's first matched numbered set of bank notes issued this month by Jamaica mark the West Indian nation's role as the world's largest producer of bauxite ore, principal source of aluminum, on the $10 note. Other reverse designs are the old Parliament Building, Spanish Town, seat of the colonial government, 1872-1960, $5; a group of Jamaican children, symbolizing the national motto, "Out of many, one people," $2; and Port Antonio, original banana export headquarters and first Jamaican tourist resort, $1. The matched numbered sets are available from Paramount Inter- national Coin Corporation, Paramount Building, Englewood, Ohio 45322. WANTED OBSOLETE PAPER MONEY (Bank Notes. Script. Warrants. Drafts) of the AMERICAN WEST Oreszon, California, Idaho. Nevada, Arizona, Utah, Mon- tana, New Mexico, Colorado: Dakota. Deseret. Indian. Jefferson Territories! Cash paid, cr fine Obsolete Paper traded. Have Proof notes from most states, individual rarities, seldom seen denominationals, Kirtlands, lopicals; Colonial. Continental: CSA, Southern States notes and bonds. Also have duplicate Western rarities for advantageous trade. JOHN J. FORD, JR. P. O. BOX 33, ROCKVILLE CENTRE, N. Y. 11571 WHOLE NO. 66 Paper Money PAGE 277 Legal Tender Notes of the Currency Commission and the Central Bank of Ireland by Derek Young .411 rights reserved by the Author. The Currency Act of 1927 made it lawful for the Currency Commission to issue Legal Tender Notes fof the Irish Free State and the following year the Commis- sion, with the assistance of an advisory committee, de- cided on the designs to be used on the notes. The ad- visory committee consisted of Thomas Bodkin, D.Litt., Director of the National Gallery; Dermod O'Brien, President of the Royal Hibernian Academy and Lucius O'Callaghan, a former Director of the National Gallery. All three of these men also advised on the designs for the new coinage. The Commission also called in Mr. A. J. Bull of the London County Council School of Photo-engraving for advice on colours and inks. THE DESIGNS The set of notes consisted of seven denominations— Ten Shillings (10/-) ; One Pound (El) ; Five Pounds (£5) ; Ten Pounds (£10) ; Twenty Pounds (£20) ; Fifty Pounds (£50) ; and One Hundred Pounds (£100). The notes were printed in England by the firm of Waterlow & Sons and their Chief Portrait Engraver, John Harrison, was commissioned to engrave the dies. A few years earlier Harrison had engraved a series of bookplates for Sir John Lavery, R. A.. one of these being a portrait by Sir John of his wife, Lady Hazel Lavery. As the Currency Commission specified that an Irish The portrait which appears on the 10/-, £1 and £5 notes. colleen was required in the design to be symbolical of the new Irish state, Harrison used this as part of the de- sign of the new notes. Lady Lavery is shown in Irish national costume, her chin resting on her hand and leaning on a clairseach (Irish harp) against a back- ground of lakes and mountains. The full portrait is used on the £10, £20, £50 and £100 notes but on the 10/-, £1 and £5 notes a head and shoulders only appears. Paper Money WHOLE NO. 66PAGE 278 Harrison also engraved the reverses of the notes and these designs were based on a series of sculptured river- masks, executed in the eighteenth century by Edward Smyth for the facade of the Dublin Custom House. Smyth had sculpted fourteen of these river-masks repre- senting the Atlantic and thirteen Irish rivers and from these, seven were selected for the banknotes. On the 10/- the River Blackwater is represented with a head-dress of a basket of apples and a harvest of fish. The River Lee is shown on the £1 and the Lagan on the £5. The river-mask of the Bann appears on the £10, wear- ing a linen turban and a string of river pearls. The Boyne is represented on the £20 note and it is in- teresting to observe that while the original on the Cus- tom House bears the date—on the headband—of the historic battle on that river in 1690, this has been omitted on the banknote design. The Shannon is the river represented on the £50 note and the Erne, displaying its eel fisheries on the head- dress, on the £100 note. The main watermark is a Head of Erin, in profile, from a copy in the National Museum of a model by the Irish sculptor, Hogan. In addition, minor watermarks consist of the letters LTN (for Legal Tender Note) on all denominations and the value in figures on the 10/-, £1, £5 and £10 notes. DESCRIPTION OF THE NOTES The first issue of notes bear the date 10.9.28 (Sep- tember 10, 1928) and were issued by The Currency Commission, Irish Free State. They carried this in- scription in English at the top left of the note with the Irish version Coimisiun Airgid Reatha/Saorstat Eir- eann on the top right hand side. The notes were com- pletely bilingual unlike the coinage issued in the same year which bore Irish-language inscriptions only. On the left-hand side was the portrait in an oval frame and on the right-hand side was the main water- mark. The portrait which appears on the £10, £20, £50 and £100 notes. COLOURS Denomi- Reverse nation Basic Colour Background Background 10/- Orange Mauve & Green Green £1 Green Orange & Mauve Orange £5 Brown Orange & Pink Orange £10 Blue Green & Mauve Green £20 Madder Red Orange & Mauve Orange £50 Mauve Buff & Green Green £100 Olive Green Buff & Brown Buff Signatures on the original notes were JOSEPH BRENNAN (Chairman of the Currency Commission) and J. J. McELLIGOTT (Secretary of the Department of Finance). These appeared in the centre of the notes, one above the other, with their authorisations in small letters beneath the signatures. The English versions are to the left with the Irish translations CATHAOIR- LEACH CHOIMISIUN AN AIRGID REATHA and RUNAI NA ROINNE AIRGID respectively—in similar style letters to the right. Above the signature was LEGAL TENDER NOTE to the left and NOTA DLI-THAIRGTHE to the right. In the vertical panel on the left of the note was the value in English with the value in Irish in a similar panel on the right. In a small panel on the left at the bottom of each note was the inscription "(Value) STERLING PAYABLE TO BEARER ON DEMAND IN LONDON". In a similar panel on the right was the Irish version "(Value) STERLING INIOCHTA AS AN NOTA SO LE N-A SHEALBHOIR AR N-A EILEAMH SAN DO I LUNDAIN". The denomination in figures appeared in each corner and in the lower centre. TYPES Treating the series as a whole. that is Currency Com- mission and Central Bank notes, from 1928 to date. there are ten different General Types. However not all denominations were issued for each General Type. The following is a breakdown by denomination of General Types issued: 10/- Discontinued 6.6.68. therefore no General Type 10. £1 All ten General Types issued. £5 All ten General Types issued. £10 All ten General Types issued. £20 Seven types issued. No General Types 2, 3 or 4. £50 Seven types issued. No General Types 2, 3 or 4. £100 Eight types issued. No General Types 3 or 4. The following are the ten General Types with their main characteristics and dates of issue: TYPE 1. (a) Issued by the "Currency Commission, Irish Free State". (b) Signatures are Joseph Brennan and J. J. McElligott. (c) The serial number has frac- tional prefixes, e.g. A/01 issued in 1928 only. TYPE 2. (a) and (b) as Type 1. (c) The prefixes are whole numbers. Issued 1929-1937. SIGNATURES I(AtAmMA. OFTHE CURRENCY CoNSIISSION civemontumn ram rsn'Tnt AIRGTO 111:ATILA. SECRETARY OF THE I&NAIDHE NA ROFNNE DEPARTSUCT OF FINANCE. AIRGEADA15• 1928-1953 Joseph Brennan/J. J. McElligott DEPARTMENT OF FINANCE "17,.,:?%,. 1/4 AIRGEADAIS SECRETARY OF THE TIEXAt. RODDIE 1954-1955 J. J McElligott/K. Redmond /fat •wty vfriz GOVERNOR. AN G(TkiliARNOIR SECRETARY OE THE RBRAI NA noome DEPARTMENT OF 1956-1960 J. J. McElligott/T. K. Whitaker GOVERNOR AN GOBHARNOM SECRETARYOF THE RUNAI NA RONNE DERARTNENT OF FINANCE AIRCEADAIS 1961-1968 M 0 Muimhneachain/T. K Whitaker I:I I • •.. 1111 - — • i■t!ti■fge414.-SN'INI1 • I 11,,, 1 .1969- T. K. Whitaker/C. H. Murray AN GOBHARNOIR & GOVERNOR WHOLE NO. 66 PAGE 279Paper Money TYPE 3. (a) Issued by the "Currency Commission Ireland". (b) and (c) as Type 2. The Irish translation of "Secretary of the Department of Finance" changed from "Runai na Roinne Airgid" to "Runaidhe na Roinne Airgeadais". Issued 1938-1939. TYPE 4. As Type 3 but overprinted with an identi- fying code letter in a circle at the top left-hand side and bottom right-hand side of each note. As these notes were issued during the early years of World War II, and as they were printed in England and had to be shipped to Ireland, they were issued in very small lots and the purpose of the code letter was to keep trace of any shipments which might possibly have gone astray due to the wartime conditions. Issued from 1940 to 1942. TYPE 5. (a) The Issuing Authority was changed to "The Central Bank of Ireland". The wartime code letters also appear on this type. Issued in 1943 and 1944. With the formation of the Central Bank on February 1. 1943, Joseph Brennan became "Governor" instead of "Chairman of the Currency Commission" and conse- quently his title changes beneath his signature on the notes, the English version being to the left and the Irish version "An GobharnOir" to the right. TYPE 6. Similar to the previous type but without the wartime code letters. Issued 1945-1953. TYPE 7. First change of signatures. J. J. McElligott becomes Governor and K. Redmond, Secretary of the Department of Finance. The "Runaidhe" in the latter's Irish-language title changed back to "Runai." Notes issued 1954-1956. TYPE 8. Similar to previous type but another change of signature. J. J. McElligott remained as Governor but T. K. Whitaker became Secretary of the Department of Finance. Issued 1957-1960. TYPE 9. (1961-1968). Signatures are M. 0. Muimhneachain (Governor) and T. K. Whitaker re- mains as Secretary of the Department of Finance. Perhaps the most significant change on this type was the omission of the phrase "Payable to hearer on de- mand in London". This was replaced simply by the value of the note in words. The phrase had given rise to a number of misunder- standings regarding the Irish currency. At one time Irish money was backed mainly by British securities and sterling, but in addition it now has substantial dollar investments and gold behind it. The phrase "Payable to bearer on demand in London" simply meant that they were exchangeable for British Legal Tender at the Central Bank of Ireland's London Agency which happened to be the Bank of England. The omission of the phrase in no way alters the fact that they are still exchangeable with British Legal Tender at par value. The first note to appear without the long-established inscription was the £20 denomination dated 1.6.61 and it was similarly deleted on other denominations as they were printed. SIZES Denomination Size in Millimeters 10/- 77.79 x 138.1 £1 84.14 x 150.8 £5 92.08 x 165.1 £10 107.95 x 190.5 £20 114.3 x 203.2 £50 114.3 x 203.2 £100 114.3 x 203.2 PAGE 280 Paper Money WHOLE NO. 66 The inscription "Payable to Bearer on Demand in London" discontinued in 1961. TYPE 10. (1969-) T. K. Whitaker now becomes Governor and his signature in that capacity, together with C. H. Murray as Secretary of the Department of Finance, appear on this type note. PRINTING From 1928 to 1959 all Irish Legal Tender Notes were printed in England by Waterlow & Sons Ltd. In 1959 Thomas De La Rue & Co. Ltd. took over the printing of the £1 notes. Waterlow's continued to print the £5, £10 and £50 in 1960 but that was their final issue and all denominations were printed by De La Rue from 1961 onwards. The notes had to be transported to Ireland by British Railways in sealed boxes under strict security pre- cautions. This unwieldy procedure was eliminated in 1968 when all Irish noteprinting was transferred to De La Rue's Irish branch. We believe the first note to have been printed in Ire- land was the £5 denomination of 12.8.68 although some of the earlier issues of this date were printed in England. The Central Bank intend to print their own notes di- rectly when the Bank's new printing works at Sandyford Co. Dublin are completed in 1976. The paper on which the notes are printed is made in England by the firm of Portals Ltd. In October 1970, the Central Bank decided that a security thread should be incorporated in the paper of all future £1, £5 and £10 notes. It is also probable that new designs and sizes will shortly be issued. This article originally appeared in Irish Numismatics which is at present publishing a complete catalog of Irish banknotes with all dates of issue. "SCISSORS" Part Two Back in issue #58 and in this same column I wrote about a problem as I saw it of neglect of preservation of sheets of obsolete paper money by cutting or subdi- viding the sheets from their original state of preserva- tion to individual notes, mostly for profit. Since then I am sad to report that if anything, I have seen more evidence of the same goings-on rather than less even though the response to my article was over- whelmingly in line with my thinking on the subject. Since writing that article I have seen evidence of many beautiful and scarce sheets having been cut up in order to be sold or "turned over." In some instances they were just common sheets which are fairly abundant. In other cases they were at least "scarce" sheets, and in other instances they were irreplaceable and unique "proof" sheets which collectors will never again have the chance to own. Upon pressing for an explanation on "why do you think there is no harm in destroying these works of art" or "why do you do it," I was continually fed the same answers even though they were coming from different people. The answers didn't vary much. One was, "I only collect proof notes so this gives me an opportunity to get rid of the duplicates," or "you have to look at it from the dealers point of view, I can make more money this way" or "this way I can make two or three other people happy by cutting up the four-note sheet and keeping only one or two of the notes for myself." I think the second answer is the most valid but you be the judge. I don't like any of the answers. In any case the more this scissor exercise continues the less sheets will be available to collect. And in the case of the scarce to rare sheets, it may come to the point where there just won't be any available at all. The only way this will change will be by the combined effort of all of us who collect and cherish uncut obsolete paper money sheets. We should voice our opinion when- ever we get the chance. After all, why should our col- lecting material be subject to this wholesale negligence on the part of some uninformed, misinformed or nonin- formed scissor slingers? C. John Ferreri SCARCE SURVIVOR SELLS WELL One of only 11 known surviving notes of the Fanning Island Australian Currency issue, a F-VF specimen, brought $510 in the Jess Peters' auction at the Virginia Numismatic Association convention. By contrast, a pair of halves of this issue that had been redeemed, defaced and used as theater admission tickets on the Island sold for only $40. * We've handled OVER 99% of all the notes listed in the DONLON & FRIEDBERG catalogs * A.M. KAGIN has personally cataloged over 30o auction sales in over 4o years as a profession KAGIN'S NUMISMATIC INVESTMENT CORP. * Specializes in PERSONALLY TAILORED Currency Investment Programs featuring CHOICE & SUPERB NOTES ONLY! (write for more information) A. M. & DON KAGIN, Inc. * Editors & Pulishers of the DONLON CATALOG of U.S. LARGE SIZE PAPER MONEY NEW 1976-77 Edition (more price changes then any previous edition)—Only $3.95 1975 Edition $3.50; Both 1976-77 & 1975 (excellent far price comparisons) only $5.95 At coin stores or order Autographed Copies direct from us. Special Autographed Library Hard-Bound 1976-77 Edition $3.95; 1975 $7.50; both only $ 1 4.95 We urge you to consider placing your items in one of our comprehensive Public or Mail-bid auctions you'll receive: ^C 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 over "catalog prices" for notes urgently needed. 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 dealing in a sophisticated field, consult a professional When TOP results are imperative, consult an Suite 600-608 Capital City Bank Bldg. Des Moines, Iowa 50309 Phone: (515) 243-0129 ?ROHM ik umISMATips 1 0 110 • INC PAGE 282 WHOLE NO. 66Paper Money Above. 1896 Silver Certificates—the Educational series— issued only in $1, $2 and $5 denominations. Paper Money Primer Above. 1862 Legal Tender Notes, denominations of $1, 2, 5, 10, 20, 50, 100, 500, and 1000 issued. ($1400-1700) SET COLLECTING Below. 1886 Silver Certificates, denominations of $1, 2, 5, 10 and 20. The $5 is the scarce, popular "Silver Dollar Reverse" note which features five silver dollars in a horizontal plane, all dated 1886. ( $1700-2000 ) By TERRY VAVRA -cN— EARLY every syngraphist has seen or heard of the "Educational" series of U. S. large-size notes. This — Silver Certificate series of 1896, consisting of $1, $2 and $5 denominations, is rightfully reputed to be one of the most beautiful ever produced by the Bureau of En- graving and Printing. These notes are offered in almost every major paper money auction sale, either individually or as "sets" (most often uncirculated). The Educational set is considered to be the epitome of year sets, although there are many other sets which would easily surpass it in rarity. Recent auction records for an uncirculated Educational set have soared upwards of $3000. Individual note prices based on Friedberg's 8th edition and dealer price lists are within a total of $2500 to $2800 per set. Many prefer to purchase the set as a whole and save themselves the time and trouble of searching out indivi- dual specimens. Therefore they are willing to pay a premium for a complete set in one purchase. If this reasoning is true of the Educational series, what of other famous series? Granted, there are series of large notes that would not be as difficult or as expensive to locate as the Educational series, and collectors have dif- ferent tastes and budgets. What is appealing and afford- able to one is not necessarily suited to another. There are still many large notes that are quite underpriced on today's market. Today's bargains may be tomorrow's treasures. There are many nice "year" sets that can be completed at nominal costs. Of course, the higher the grade of the set, the more likely it will return higher profits, but there is absolutely nothing wrong with a nicely matched set in circulated grade. (Continued on Page 287) WHOLE NO. 66 PAGE 283Paper Money Above. 1902 National Bank Notes, denominations of $5, 10, 20, 50, and 100 issued in three types. ( Nationals are often collected by town or state name as shown on the face or both, and these factors generally determine the overall rarity of the note. Using common town and state notes, a set can be assembled for about $350-500.) Below. Two-dollar denomination set-1862 Legal Tender, 1891 Silver Certificate (the scarce and popular "William Windom" note) , and the 1917 Legal Tender. Above. One-dollar denomination set-1899 Silver Certificate, 1917 Legal Tender, and 1923 Silver Certificate, ($110-150) Below. Five-dollar denomination sot-1899 Silver Certificate, popularly called "Chief Onepapa" but more correctly "Chief Running Antelope"; 1907 Legal Tender commonly called the "Pioneer Family" nate; and the 1923 Silver Certificate, the famous "Lincoln Porthole" note, which is quite scarce. Paper MoneyPACE 284 R OF PA GRAVING PRINTING COPE PRODUCTION WHOLE NO. 66 The U.S. Bureau of Engraving & Printing's COPE (Currency Overprinting and Processing Equipment) system is now producing most of the nation's paper money. Since its introduction in 1971, the COPE system of overprinting, trimming and packaging notes has inter- ested many collectors. To facilitate their search, Paper Money will regularly publish official BEP reports of COPE note production. The COPE system is a combination of a German Koenig & Bauer two-color letterpress and a Biel cutting line. One cylinder of the press carries 32 serial number- ing machines and 32 Treasury seals with the other cylin- der carrying an equal number of black forms to over- print two 16-note sheets with the Federal Reserve "seal" and district numbers simultaneously with the green overprinting. The press prints 100 sheets and then moves them into the cutting line where the 16-note sheets are cut into pairs and then into single notes. As a unit, 100 notes move into a bander where they are wrapped. Because of limitations of the COPE system's serial numbering devices. COPE does not currently produce notes with serial numbers higher than 99 840 000 or star notes. FEDERAL RESERVE NOTES Through September, 1976 Series Denom. Starting Serial Number Boston Ending Serial Number 969-D $1 A39 040 OO1A A52 480 000A 974 $1 A34 560 001B A66 560 000B 976 $2 A10 240 001A A24 960 000A 974 $10 A30 080 001A A35 840 000A 974 $20 A66560 001A A72 960 000A 974 $50 A07 680 001A A08 960 000A 974 $100 A08 320 001A A09 600 000A New York 1969B $1 B31 360 001B B99 840 000B BOO 000 001C B99 840 000C BOO 000 001 D B29 440 000D 1969C $1 B29 440 001D B76 160 000D 1969D $1 B03 840 001A B26 240 000A B32 640 001A B56 320 000A B75 520 001A B99 840 000A BOO 000 001 B B11 520 000B B34 560 001B B53 120 000B B60 800 001B B99 840 000B BOO 000 001 C B99 200 000C B01 920 001D B99 840 000D BOO 000 001 E B02 560 000E B11 520 001E B68 480 000E 1974 $1 BOO 000 001A B92 800 000E B05 760 001 B B99 840 000E B11 520 001C B67 840 000C B71 040 001C B77 440 000C B87 040 001C B99 840 000C BOO 000 001 D B09 600 000D B29 440 001 D B61 440 001D B81 280 001D B99 840 000E BOO 000 001 E B06 400 000E B43 520 001E B99 840 000E BOO 000 001 F B46 080 000F 1976 $2 B08 960 001A B29 440 000A B38 400 001A B44 800 000A B49 280 001A B62 720 000A 1974 $5 1301 920 001F 1312 800 000F 1974 $10 860160 001H B76 800 000H 1974 $20 B05 120 001F B40 320 000F 1974 $50 B48 000 001A B50 560 000A 1974 $100 B53 760 001A B69 760 000A Philadelphia 1969-D $1 C60 800 000A C76 800 000A 1974 $1 C46 080 001B C99 840 000B Starting Serial Number Philadelphia Ending Serial Number COO 000 00IC C07 040 000C C12 800 001A C29 440 000A C10 880001C C14 080 000C C99 200 001 A C99 840 000A COO 000 001 B C09 600 000B C12 160 001A C12 800 000B Cleveland D26 880 001 B D49 280 000B DO8 960 001A D31 360 000A D71 680 001B D82 560 000B DOO 000 001C D07 680 000C D27 520 001C D49 280 000C D20 480 001A D21 760 000A DO9 600 001A D12 160 000A Richmond E57 600 001B E77 440 000B E09 600 001B E41 600 000C El7 280 001A E63 360 000A E84 480 001A E99 840 00A E00 000 001 B E33 280 000B E14720001C E46 720 000C E27 520 001 D E48 640 000D E51 840 001D E74 240 000D E00 640 OO1A E01 920 000A E21 760 001A E97 920 000A E56 960 001 B E96 640 000B E02 560 001C E43 520 000C E49 920 001C E65 280 000C E83 200 001C E99 840 000C E00 000 001 D E99 200 000D E00 000 001A E50 560 000A E84 480 001C E98 560 000C E98 560 0018 E99 840 000B E00 000 001C El 6 000 000C E96 640 001C E99 840 000C E00 000 001 D EIO 240 000D E14720 001A El 5 360 000A E16640001A El8 560 000A Atlanta F45 440 001A F64 000 000A FOO 000 001B F46 080 0006 F79 360 CO1B F99 840 0006 FOO 000 001C F31 360 000C Series Denom. 1976 $2 1974 $5 1974 $20 1974 $50 1974 $1 1976 $2 1974 $5 1974 $10 1974 $20 1974 $50 1974 $100 1969B $1 1969C $1 1969D $1 1974 $1 1976 $2 1974 $5 1974 $10 1974 $20 1974 $50 1974 $100 1969D $1 WHOLE NO. 66 PACE 285Paper Money Series Denom. Starting Serial Number Atlanta Ending Serial Number Series 1974 1974 Denom. $50 $100 Starting Serial Number 102 560 001A 104 480 001A Ending Serial Number 103 840 000A 105 760 000A F71 040 00 C F90 240 000C F67 200 00 D F77 440 000D Kansas City 1974 $ 1 F00 000 00 F01 920 00 Fl 5 360 00 A B B F99 840 000A F12 160 000B F61 440 000B 1974 $1 J79 360 001A J00 000 001B J99 840 000A J20 480 000B F93 440 00 F00 000 00 B C F99 840 000B F99 840 000C 1976 1974 $2 $5 J07 040 001A J30 720 001B J18 560 000A J37 120 000B F00 640 00 F37 1 20 00 D D F30 080 000D F62 720 GOOD 1974 1974 $10 $20 J77 440 001A J I 7 280 0018 J80 000 000A J23 680 000B F65 280 00 F00 000 00 D E F99 840 GOOD F15 360 000E Dallas 1976 $2 F00 000 00 A F24 320 000A 1969D $1 K29 440 001B K42 240 000B F26 880 00 A F53 760 000A 1974 $1 K37 120 001A K82 560 000A 1974 $5 F73 600 00 C F84 480 000C Kll 520 001B K26 240 000B 1974 $20 F28 160 00 B F36 480 000B K67 200 001 B K99 840 000B Chicago 1976 $2 KOG 000 001C KO9 600 001A K26 880 000C K36 480 000A 1969B 1969C 1969D $ 1 $1 $1 001 280 OO1C G04 480 001C G37 120 001A G53 760 001 B G15 360 001C GOO 000 001 D G46 080 001D G04 480 000C 695 360 000C 066 560 000A G99 840 000B G99 840 000C G39 680 GOOD G78 080 GOOD 1974 1974 1974 1974 1974 $5 $10 $20 $50 $100 K30 720 001B K95 360 001A K00 000 001 B K96 000 001A K0O 000 001 B K07 680 001A KO9 600 001A K44 800 000B K99 840 000A K12 800 000B K99 840 000A K08 320 000B K08 960 000A Kll 520 000A 1974 $1 GOO 000 001A GOO 000 001B G 16 000 000A 064 640 000B San Francisco G74 880 001 B G89 600 000B 1969B $1 L92 160 00 A L99 840 000A G20 480 001C 087 680 000C LOG 000 00 B L08 960 000B 1976 $2 GOO 000 001A C65 560 000A 1969D $1 L52 480 00 A L96 000 000A 1974 $5 G86 400 001C G99 840 000C L53 760 00 B L99 840 000B GOO 000 001D G09 600 GOOD L02 560 00 C L28 800 000C 1974 $10 G36 480 001D G57 600 OCOD L35 200 00 C L52 480 000C 1974 $20 G66 560 001D C99 840 GOOD L87 680 00 C L99 840 000C GOO 000 001 E G30 080 000E LOG 000 00 D LO8 960 GOOD 1974 $50 G36 480 001A G38 400 000A L16 640 00 D L40 300 GOOD St. Louis 1974 $ 1 L27 520 00 L97 280 00 B B L65 280 000B L99 840 000B 1969D $1 H29 440 001A H42 240 000A LOG 000 00 C L21 760 000C 1974 $ 1 H33 280 001 B H92 800 000B L30 080 00 C L53 760 000C 1976 $2 H04 480 001A H21 120 000A L75 520 00 C L81 920 000C 1974 $5 H14 720 001B H23 040 000B LOO 000 00 D L99 840 000D 1974 $10 H92 800 001A H99 200 000A LOG 000 00 E L58 880 000E 1974 $20 H03 200 001 B H 17 280 000B 1976 $2 LOG 000 00 A L71 680 000A 1974 $50 H03 200 001A H03 840 000A 1974 $5 L97 920 00 C L99 840 000C LOG 000 00 D L24 320 GOOD Minneapolis 1974 $10 L85 120 00 B L96 000 000B 1974 $20 L06 400 00 D L21 760 GOOD 1974 $1 174 880 001A 180 640 000A 1974 $50 L23 680 00 A L24 320 000A 1976 $2 110 880 001A 114 080 000A 1974 $100 L33 280 00 A L40 320 000A Report of Fedaral Reserve notes printed during August 1976 ONE DOLLAR FIVE DOLLARS Serial Numbers 1974 B09 600 001F B12 800 000F 3,200,000 Series From To Quantity 1974 C10 880 OO1C C14 080 000C 3,200,000 1974 CO7 680 001* CO8 320 000* 640,000# 1974 A49 280 OO1B A60 160 000B 10,880,000 1974 D74 880 OO1B D78 080 000B 3,200,000 1974 A60 160 001B A66 560 000B 6,400,000 1974 E85 760 OO1C E90 880 000C 5,120,000 1974 B12 800 001F B33 920 000F 21,120,000 1974 F78 720 OO1C F84 480 000C 5,760,000 1974 C92 160 001B C98 560 000B 6,400,000 1974 F10 240 001* F10 880 000* 640,000# 1974 D30 720 001B D40 960 000B 10,240,000 1974 G99 840 001C G99 999 999C 160,000# 1974 E61 440 0011) E81 920 000D 20,480,000 1974 GOO 000 001D GO6 400 000D 6,400,000 1974 G62 720 001C G70 400 000C 7,680,000 1974 GO8 480 001* GOS 960 000* 480,000# 1974 1974 174 880 001A J05 760 OO1B 180 640 000A J17 280 000B 5,760,000 11,520,000 1974 1974 1974 J33 920 OO1B K37 760 001B L16 000 OO1D J37 120 000B K40 960 000B L19 200 000D 3,200,000 3,200,000 3,200,000 1974 K96 640 OO1B K99 840 000B 3,200,000 1974 K99 840 001B K99 999 999B 160,000# TEN DOLLARS 1974 1974 K00 000 001C K00 800 001* K02 560 000C KOl 280 000* 2,560,000 480,000# 19741974 B68 480 00111 C30 720 OO1C B71 680 00011 C36 480 000C 3,200,000 5,760,000 1974 L27 520 001E L39 680 000E 12,160,000 1974 C07 040 001* C07 680 000* 640,000# 1974 D04 480 OO1C D07 680 000C 3,200,000 1974 E01 920 OO1C 802 560 000C 640,000 TWO DOLLARS 1974 G51 200 OO1D G57 600 000D 6,400,0001974 1196 640 OO1A 1199 200 000A 2,560,000 1976 Al9 840 001A A23 040 000A 3,200,000 19741974 K97 280 001A K99 840 001A K99 840 000A K99 999 999A 2,560,000 160,000# 1976 E46 080 001A E50 560 000A 4,480,000 1974 KOO 000 001B K02 560 000B 2,560,000 1976 L58 800 OO1A L64 000 000A 5,200,000 1974 K04 000 001 4' K04 480 000* 480,000# Month of Process Sheet From To Date Printing Numbers LTR Numbers LTR LTR Numbers LTR Issued ONE DOLLAR August 78-94 A 49 280 001 B A 60 160 000 13 7-30-76 August 95-104 A 60 160 001 B A 66 560 000 B 8- 6-76 August 21-53 B 12 800 001 F B 33 920 000 F 7-30-76 August 145-154 C 92 160 001 B C 98 560 000 B 7-30-76 August 49-64 D 30 720 001 B D 40 960 000 B 7-30-76 August 97-128 E 61 440 001 D E 81 920 000 D 7-30-76 August 98-110 G 62 720 001 C C 70 400 000 C 8- 2-76 August 118-126 I 74 880 001 A I 80 640 000 A 8- 2-76 August 10-27 J 05 760 001 B J 17 280 000 B 7-30-76 August 144-151 K 91 520 001 B K 96 640 000 B 6-30-76 August 152-156 K 96 640 001 B K 99 840 000 B 7-30-76 August 157 K 99 840 001 B K 99 999 999 B 7-30-76 August 1-4 K 00 000 001 C K 02 560 000 C 7-30-76 August 2 K 00 800 001 . K 01 280 000 6-28-76 August 44-62 L 27 520 001 E L 39 680 000 E 7-30-76 TWO DOLLARS August 32-36 A 19 840 001 A A 23 040 000 A 7-30-76 August 73-79 E 46 080 001 A E 50 560 000 A 7-30-76 August 93-100 L 58 800 001 A L 64 000 000 A 7-29-76 FIVE DOLLARS August 16-20 B 09 600 001 F B 12 800 000 F 7-30-76 August 18-22 C 10 880 001 C C 14 080 000 C 7-30-76 August 13 C 07 680 001 OS 320 000 8- 5-76 August 118-122 D 74 880 001 B D 78 080 000 B 7-30-76 X Method and Quantity of Notes Overprinted Conventional Cope X Used for 157 Paper Money Report of Federal Reserve notes printed during August—Continued TWENTY DOLLARS FIFTY DOLLARS—Continued 1974 D37 760 OO1C D43 520 000C 5,760,000 1974 D20 480 001A D21 760 000A 1,280,000 1974 E96 640 OO1C E99 840 000C 3,200,000 1974 E14 720 OO1A E15 360 000A 640,000 1974 E99 840 001C E99 999 999C 160,000# 1974 K07 680 001A K08 960 000A 1,280,000 1974 E00 000 001D E10 240 000D 10,240,000 1974 E08 480 001* E08 960 000* 480,000# ONE HUNDRED DOLLARS 1974 F31 360 OO1B F36 480 000B 5,120,000 1974 G12 800 001E G19 200 001E 6,400,000 1974 A08 320 001A A09 600 000A 1.280,000 1974 K02 560 001E K08 320 000B 5,760,000 1974 B57 600 001A B62 080 000A 4,480,000 1974 D09 600 OO1A D12 160 000A 2,560,000 FIFTY DOLLARS 1974 E16 640 001A E17 920 000A 1,280,000 1974 K09 600 001A Kll 520 000A 1,920,000 1974 A07 680 001A A08 860 000A 1,280,000 1974 L33 280 001A L39 040 000A 5,760,000 1974 1348 000 001A B50 560 000A 2,560,000 1974 L01 920 001* LO2 048 000* 128,000# Report of Federal Reserve notes printed during September 1976 Serial Numbers TWENTY DOLLARS Series From To Quantity 1974 B33 920 001F B40 320 000F 6,400,000 ONE DOLLAR 1974 CO3 200 001B C09 600 000B 6,400,000 1974 1)41 520 OO1C D49 280 000C 5,760,000 1974 1333 920 001F B46 080 000F 12,160,000 1974 DO6 400 001* D07 040 000* 640,000# 1974 C93 560 001B C99 840 000B 1,280,000 1974 G19 200 001E G30 080 000E 10,880,000 1974 C99 840 OO1B C99 999 999B 160,000# 1974 1114 080 001B 1117 280 (BOB 3,200,000 1974 COO 000 001C C07 040 000C 7,040,000 1974 CO1 440 001* C01 920 000* 480,000# FIFTY DOLLARS 1974 D40 960 OO1B D49 280 000B 8,320,000 1974 E81 920 001D E99 200 000D 17,280,000 1974 C12 160 001A C12 800 000A 640,000 1974 G70 400 OO1C G87 680 000C 17,280,000 1974 G36 480 001A G38 400 000A 1,920,000 1974 1178 720 001B 1192 800 000B 14,080,000 1974 H03 200 001A 1103 840 000A 640,000 1974 J17 280 OO1B J20 480 000B 3,200,000 1974 1100 064 001* HOO 192 000* 128,000# 1974 KO2 560 001C K26 880 000C 24,320,000 1974 102 560 OO1A 103 200 000A 640,000 1974 L39 680 001E L58 880 000E 19,200,000 1974 103 200 001A 103 840 000A 640,000 1974 I00 192 001* 100 256 000* 640,000# TWO DOLLARS 1974 K08 960 001A K10 240 000A 1,280,000 1974 L23 680 001A L24 320 000A 640,000 1976 A23 040 OO1A A24 960 000A 1,920,000 1974 LOO 768 001* LOO 832 000. 64,000# 1976 D28 160 OO1A D31 360 000A 3,200,000 1976 DOO 640 001* DOl 280 000* 640,000# ONE HUNDRED DOLLARS 1976 L64 000 OO1A L71 680 000A 7,680,000 1974 B62 080 001A B69 760 000A 7,680,000 FIVE DOLLARS 1974 B01 664 001* B01 792 000. 128,000# 1974 E17 920 OO1A E18 560 000A 640,000 1974 D78 080 001B DS2 560 000B 4,480,000 1974 104 480 OO1A 105 760 000A 1,280,000 1974 E90 880 001C E98 560 000C 7,680,000 1974 I00 320 001* RIO 384 000* 64,000# 1974 GO6 400 001D G09 600 000D 3,200,000 1974 L39 040 OO1A L40 320 000A 1,280,000 1974 1119 840 00113 1123 040 000B 3,200,000 1974 K40 960 001B K44 800 000B 3,840,000 1974 L19 200 001D L24 320 000D 5,120,000 TEN DOLLARS 1974 B71 680 00111 B76 800 00011 5,120,000 # Indicates Printing Other Than COPE1974 B25 600 001* 1326 240 000. 640,000# 1974 E02 560 OO1C EM 000 000C 13,440,000 ## Indicates Correction to Previous Report 1974 K02 560 001B K12 800 000B 10,240,000 CURRIE-NCI( ROCIKSS SHEET RIF:CORD Serial Numbers PAGE 286 WHOLE NO. 66 Month of Process Sheet From To Date Printing Numbers LTR Numbers LTR LTR Numbers LTR Issued FIVE DOLLARS August 135-142 E 85 760 001 C E 90 880 000 C 7-30-76 August 124-132 F 78 720 001 C F 84 480 000 C 7-31-76 August 17 F 10 240 001 F 10 880 000 * 8- 5-76 August 157 G 99 840 001 C G 99 999 999 C 7-31-76 August 1-10 G 00 000 001 D G 06 400 000 D 7-31-76 August 14 G 08 480 001 0 G 08 960 000 8- 2-76 August 57-58 J 33 920 001 B J 37 120 000 B 6-29-76 August 60-64 K 37 760 001 B K 40 960 000 B 7-30-76 August 26-30 L 16 000 001 D L 19 200 000 D 7-30-76 $10 CURRENCY PROCESS SHEET RECORD August 108-112 B 68 480 001 H B 71 680 000 H 7-30-76 August 49-57 C 30 720 001 C C 36 480 000 C 7-30-76 August 12 C 07 040 001 * C 07 680 000 * 8- 5-76 August 8-12 D 04 480 001 C D 07 680 000 C 7-28-76 August 4 E 01 920 001 C E 02 560 000 C 7-30-76 August 81-90 G 51 200 001 D G 57 600 000 D 7-30-76 August 152-155 H 96 640 001 A H 99 200 000 A 7-28-76 August 153-156 K 97 280 001 A K 99 840 000 A 7-30-76 August 157 K 99 840 001 A K 99 999 999 A 7-30-76 August 1-4 K 00 000 001 B K 02 560 000 B 7-30-76 August 7 K 04 000 001 . K 04 480 000 * 7-30-76 $20 CURRENCY PROCESS SHEET RECORD August 60-68 D 37 760 001 C D 43 520 000 C 7-30-76 August 152-156 E 96 640 001 C E 99 840 000 C 7-30-76 August 157 E 99 840 001 C E 99 999 999 C 8- 2-76 August 1-16 E 00 000 001 D E 10 240 000 D 8- 2-76 August 14 E 08 480 001 E 08 960 000 8- 2-76 August 50-57 F 31 360 001 B F 36 480 000 B 8- 2-76 August 21-30 G 12 800 001 E G 19 200 001 E 7-30-76 August 5-13 K 02 560 001 B K 08 320 000 B 8-20-76 $50 CURRENCY PROCESS SHEET RECORD August 13-14 A 07 680 001 A A 08 960 000 A 7-30-76 August 76-79 B 48 000 001 A B 50 560 000 A 7-30-76 August 33-34 D 20 480 001 A D 21 760 000 A 7-30-76 August 24 E 14 720 001 A E 15 360 000 A 8- 2-76 August 13-14 K 07 680 001 A K 08 960 000 A 7-29-76 $100 CURRENCY PROCESS SHEET RECORD August 14-15 A OS 320 001 A A 09 600 000 A 7-30-76 August 91-97 B 57 600 001 A B 62 080 000 A 7-30-76 August 16-19 D 09 600 001 A D 12 160 000 A 7-30-76 August 27-28 E 16 640 001 A E 17 920 000 A 8- 2-76 August 16-18 K 09 600 001 A K 11 520 000 A 7-29-76 August 53-61 L 33 280 001 A L 39 040 000 A 8- 6-76 August 31-32 L 01 920 001 * L 02 048 000 8- 6-76 Method and Quantity of Notes Overprinted Conventional Cope X X Used for 157 X X X Used for 157 X Used for 157 WHOLE NO. 66 Paper Money PAGE 287 BOOK REVIEW THE EARLY PAPER MONEY OF AMERICA. By Eric P. Newman. 416 pages, illustrated, hard cover. Racine, Wis., 1976, Whitman Coin Products. $22.50. Newman's volume has been recognized since its first publication in 1967 as the most important reference work in its field. In its new, special Bicentennial edi- tion, the book has been entirely revised and updated. Many additions and improvements are found throughout the book. New illustrations and listings have been in- cluded, especially of the early private issues of New York. Full background of money of the Revolutionary pe iod as well as the beginning of fiat money in this court try are explained in detail. Historical data is given for each colony's issue, including quantity printed. names of signers and other facts about each listing. All known sheets of notes and counterfeits are also listed. Early Paper Money illustrates notes in actual sizes. Values for all Colonial and Continental currency have been completely updated, giving collectors the latest in- formation possible 9n the worth of these issues. Numismatists and historians alike should enjoy the vast amount of background material on the signers of various notes and their prominence in early America. The Early Paper Money of America is sold at most coin dealers, book stores and hobby shops, or may be ordered directly from Dept. M, Western Publishing Co.. Inc., 1220 Mound Ave., Racine, Wis. 53404. Add $1 for postage and handling. SET COLLECTING (Continued from Page 282) Also popular are "denomination" sets arranged to in- clude any series or type of note so long as they are of the same denomination. There is much flexibility in this approach and the collector is not stymied by an especially difficlult number for completion. He may have as many as ten different notes from which to select three for his set. Of course, the higher the denomination, the higher the cost. but many collectors choose to stay within the $1, $2 and $5 range. Illustrated here are a few possiblities to stimulate the individual collector's imagination. In some year sets, notes were issued from the $1 to $10,000 denominations. For practical purposes, only three notes of a set are illustrated. Valuations in parenthesis are for crisp uncirculated notes. xmalnywarraz Book Review CONFEDERATE AND SOUTHERN STATES CUR- RENCY. By Grover C. Criswell, Jr., 294 pages, illustrated, hard covers. Citra, Fla., 1976, Cris- well's Publications. $15. In this second revision of the book originally pro- duced in 1957 and first updated in 1964, the undisputed expert on Southern paper money has undertaken the composition of a virtually complete listing of the paper currency of the Confederate States of America, the Southern States and the Territory of Florida and Govern- ment of Texas. The major thrust of the 1976 edition has been in the area of repricing the notes covered in the work. Ac- cording to the author. prices have more than doubled, and in some cases gone up ten times or more since the last edition, the result of what the author determines to be a ten-fold increase in the number of serious col- lectors of Southern paper money. The catalog lists all known types and varieties of Southern paper money, illustrating each type and many of the major varieties. Valuations are given for each note in VG and Unc. conditions, with many values added to the new edition that had previously been listed only as "very rare" or "extremely rare." The standard reference on Southern paper money is available directly from Criswell's Publications, Rt. 2, Box 1085, Citra, Fla. 32627. BANKS, BANKNOTES, CURRENCY Want books, counterfeit detectors, banknote re- porters, vignette sheets, publications issued by bank note companies, etc. relating to early paper money and banking, especially the period 1790- 1865. Also want early individual bank notes and sheets. DAVID BOWERS BOX 1669 BEVERLY HILLS, CA 90210 (70) Exceptional Inflation Note Exception to the rule that nearly all German inflation currency is of low collector value is this 1924 100-billion mark note (Pick 140) that sold for $2,100 to top the list of prices realized for foreign paper money in Jess Peters' recent V.N.A. auction. U S. POSTAL SERVICP STATEMENT OF OWNERSHIP. MANAGEMENT AND CIRCULATION 1 TITLE OF PUBLICATIO PAPFR MONEY 2. DATE OF FrLING 10/0/76 3. FREQUENCY OF ISSUE ICYT=r0V.KIkiN 3.4 ANNUAL MMSCRIPTION PRICt $10 00E. LO OFFICE OFP UBLICATION (Street city county. •tale and .211, code, (Not printers, . ,,o, ,r,,,,,,,r;_g.,,,,?.,, II. ,To.,,,,A2:4,,T 1L,,,55,...22622 ,,,c.0, _,.5,,,...,e.C r'P -n. 2 ,,,r__g. A .0. "S 7 9c"2 ES AND ADDRESSES ■... vo,n , 6. PUBLISHER, EDITOR, AND MANAGING EDITOR PUBLISHER Mune one 1 culdresel P 0 R.., MR_ Atularana.__S—C.,. 2.1672En,j F-7,ftlp.11,, ., , 107 Ssaadawavia Wiec 54977,,, ,,,,AEtCron,fatett.„,p,51.13RJE NAM AOOR • Pa U .. • • RC' Andarana, R IT 29677_Bnw B. KNOWN BONDHOLDERS, MORTGAGEES, AND OTHER SECURITY HOLDERS OWNING OR HOLDING I PERCENT OR MORE OF TOTAL AMOUNT OF BONDS, MORTGAGES OR OTHER SECURITIES (II there are none ...tete, AME AR,. AD DRESS 9. FOR OPTIONAL COMPLETION BY PUBLISHERS MAILING AT THE REGULAR RATES !Section 132.121,Po...1 Service Manual, ISignot re .44.. Warp' r . "`"'"" a ''' '''''' Publisher . • —.:—....._ t R'OMPLETI.,N BY NONFROF IT ORGANIZATIONS AUTHORIZED TO MAIL AT SPECIAL RATES ISeenon 132.122 Postal Sr, Z1,22= =1ItTonVZ. 12 .= 0 ,"::.,g7;17„t,7,7,1 Of god. Male., mu.t II. EXTENT AND NATURE OF CIRCULATION AVERAGE NO. COPIES EACH ISS DURING PR ING I NTH ACTUAL NUMBER OF COPIES OF INGLE ISSUE PUBLISHED NEAR- E T T•Fl A. TOTAL NO. COPIES PRINTED Wel Areas REM 2600 2600 B. PAID CIRCULATION AE IVEORSANO%'0'U'NATLE'RIAAL" "Ann'En''TnErr 1.11 =PPM= MAIL SUBSCRIPTIONS =111111111111.11111.. C TOTAL PAID CIRCULATION 2050 2100 :A.,Zs.co.BU,L ,I m0 Ne ,,;AM,y , AN.A RoTR HI A% E A NS IIIIBIMIIIIIMINIIIIIIIIII MIIIIE. TOTAL DISTRIBUTION Mum of C a. CO. COPIES NOT OISTRIBUTED ■STEIIPISINTllj0T'V''"NACC'UN'E''''' °-- RETURNS FROM NEWS AGENTS MEM= OR OW R4 Ti UR 0 r • ■113 L • mildie.... r —.:..., ."........••111■ 26 .. R.BU I A AG I I certify that the statements made by me above are correct and complete. 7n935 3526 (Page I) V (See instructions on reverse( PAGE 288 Paper Money WHOLE NO. 66 FLORIDA NOTES WANTED ALL SERIES Also A Good Stock Of Notes Available WARREN HENDERSON P. 0. BOX 1358, VENICE, FLA. 33595 FRACTIONAL CURRENCY FOR SALE NEW LARGER LIST NOW AVAILABLE WANTED Any and all Fractional or related material (books, Spinner items, etc.). Sell to a specialist for the best possible offer. LEN AND JEAN GLAZER A.N.A. SPMC P. O. BOX 111 FOREST HILLS, NEW YORK 11375 Paper MoneyPAGE 290 MONEY MART WHOLE NO. 66 FOR USE BY MEMBERS OF THE SOCIETY ONLY PAPER MONEY will accept classified advertising from members on a basis of 5c per word, with a mini- mum charge of $1.00. The primary purpose of the ads is to assist members in exchanging, buying, sell. ing, or locating specialized material and disposing of duplicates. Copy must be non-commercial in na- ture. At present there are no special classifications but the first three words will be printed in capital letters. Copy must be legibly printed or typed, accompanied by prepayment made payable to the So- ciety of Paper Money Collectors, and reach the Editor, Doug Watson, Box 127, Scandinavia, WI 54977 by the 10th of the month preceding the month of issue (i.e., Dec. 10, 1976 for Jan. 1977 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 FEN 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 Tom Sheehan, P.O. Box 14, Seattle, WA 98111 (67) SET 12 CRISP, uncirculated $2 Federal Reserves, one from each district, $31 postpaid, insured. James W. Seville, Drawer 866, Statesville, NC 28677 (66) 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 (66) 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 (68) 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 (66) MORMON-SCOUT-OLD newspapers-documents wanted. Large quantities only. Harry L. Strauss, Jr., Box 321, Peekskill, NY 10566 (74) 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 (69) 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 (66) 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 (67) WANTED NEW JERSEY large and small size National Bank Notes. Write with full description and price. Robert W. Hearn, P. 0. Box 233, Hackensack, NJ 07602 (67) 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) WANTED: BBN's, OBSOLETES (especially Conn.), Confed., Uncut sheets. Will buy, trade. George Emond, P.O. Box 1076, New Britain, Conn. 06050 (68) VIRGINIA $500.00 COLONIAL NOTE dated March 1781 available. Also several Virginia Uncut Sheets. Frank Sprinkle, Box 864, Bluefield, W. Va. 24701 HUGUENOT NATIONAL BANK, New Paltz, N. Y. charter #1186 notes wanted. Large or small size, any condition. Frank Bennett, P. 0. Box 8713, Fort Lauder- dale, FL 33310 (68) SHORT RUN Crisp, uncirculated 1974 $1 FRN BB EC FB FC blocks, serials over 99840001 $50 each. FD under 00640000 $10. James Seville, Drawer 866, Statesville, N.C. 28677 (68) WANTED HARTFORD AND NEW HAVEN turnpike scrip. Also want scrip from Mass., Vermont, Maine, New Hampshire. Leonard Finn, 40 Greaton Rd., West Rox- bury, Mass. 02132 (66) F-281 ONEPAPA STAR note wanted. Please state serial, grade, and asking price in first letter. Doug Murray, 326 Amos Avenue, Portage, Michigan 49081 (68) WANTED NEW JERSEY: Obsolete notes from Toms River and scrip of S.W. & W.A. Torrey for my collection. Describe and Price. Bob Mitchell 2606 Lindell St., Silver Spring, Maryland 20902 (69) WANTED LATIN AMERICAN banknotes. Ship for offer or state price. Have Europe and Asia notes to trade. Bill Broder Box 517 Marrero, LA 70072 (66) WANTED: STOCK CERTIFICATES and bonds—all types—any quantity. Please write—I'm eager to buy! Ken Prag, Box 431PM, Hawthorne, California 90250 (74) Will Trade PROOF OBSOLETE Notes from Pa., R.I., Ky., N.J., Ohio, N.Y., for PROOF Notes from VIRGINIA. Frank Sprinkle Box 864, Bluefield, W. Va. 24701 MISSOURI BANKING MATERIAL WANTED: checks, drafts, warrants, scrip, clearing house certificates, ob- solete notes from all Missouri towns. Also bonds, stock certificates, tokens, medals, bank records, city directories, and local histories. Also want bankers directories be- fore 1935, biennial reports on Missouri banks published by the state, and photos or postcards illustrating Missouri banks. Ship or write: Bruce W. Smith, Krause Publica- tions, Box 57, Iola, Wisconsin, 54945 (69) ", IVATI41101a A 4. a. ( 14010 OW 4 t4.4 t.,411.1VS, 1/00/ /1 iq./(1- I also need Obsolete Currency and Scrip from any of the above Amityville 8873 Babylon 4906 Babylon 10358 Baldwin 11474 Baldwin 13062 Bay Shore 10029 Bellmore 11072 Bellport 12473 Bridgehampton 9669 Cedarhurst 11854 Central Islip 12379 Cutchogue 12551 East Hampton 7763 East Islip 9322 East Northport 12593 East Rockaway 12818 East Setauket 11511 Eastport 13228 East Williston 13124 Farmingdale 8882 Floral Park 12449 Franklin Square 12997 Freeport 7703 Freeport 11518 Glen Head 13126 Great Neck 12659 Greenport 334 Greenport 3232 Hampton Bays 12987 Hempstead 4880 Hempstead 11375 Hicksville 11087 Huntington 6587 Inwood 12460 Islip 8794 Kings Park 12489 Kings Park 14019 Lake Ronkonkcma 13130 Lindenhurst 8833 Long Beach 11755 Long Beach 13074 Lynbrook 8923 Lynbrook 11603 Manhasset 11924 Mattituck 13445 Merrick 12503 Mineola 9187 Mineola 13404 New York City (Dunbar N.B.) 13237 Northport 5936 Oceanside 12458 Patchogue 6785 Patchogue 12788 Port Jefferson 5068 Port Washington 11292 Port Washington 13310 Riverhead 4230 Rockville Center 8872 Rockville Center 11033 Roosevelt 11953 Roslyn 13326 Sayville 5186 Seaford 12963 Smithtown Branch 9820 Southampton 10185 Valley Stream 11881 West Hempstead 13104 Westbury 11730 Woodmere 12294 listed towns as well from: NEW YORK STATE NATIONALS WANTED ALL SIZES AND TYPES Suffolk County Bank of Sag Harbor ORIENT POINT SOUTHOLD SAG 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 .■iritisou Nu'Jona Houk s JOE FLYNN& SON RARE COINS INC. P.O. BOX 3140 k4%SAS CITE. I0066103 2854W 47TH STREET PHONE 913-236-7171 WANTED KANSAS NATIONALS TYPE NOTES WANTED Any Original Series $10 V.G. or better pay 450.00 Any Original Series $20 V.G. or better pay 600.00 Any Series of 1875 $50 V.G. or better pay 2250.00 Any Series of 1875 $100 V.G. or better pay 2250.00 Any Brown Back $100 V.G. or better pay 650.00 Any 1882 Dated Back $50 V.G. or better pay 750.00 Any 1929 Type II $50 V.G. or better pay 550.00 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. If you are selling rare Kansas Nationals elsewhere you are not getting top dollar. We Also Want Uncut Sheets of Kansas Nationals NATIONAL CURRENCY • 1902 $10 #P5117 Juneau, Alaska VG 1850.00 (sight roughness upper margin, #2 note) 1902 $ 5 #W3605 Livingston, Mont. VG (3 tape repairs) 175.00 1902 $20 #4137 Marinette, Wi VG/F 55.00 1902 $50 #E891 NY, NY XF 250.00 1902 $10 #3263 Independence, Iowa VF 65.00 1902 $10 #9174 SF, Calif AU 65.00 1902 $ 5 #474 Greenfield, Mass VG 37.50 1902 $10 #W3450 Trinidad, Colo VF 250.00 1902 $10 #461 Cobleskill, NY VF 130.00 1929 $10 #7372 Bellingham, Wash XF 65.00 1929 $20 #3355 Yakima, Wash Fine 50.00 1929 $20 #1553 Portland, Or XF 35.00 1929 $20 #11280 Seattle, Wash XF 35.00 1929 $20 #3417 T2 Tacoma, Wash XF/AU 75.00 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 $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 #11280 T2 Seattle, Wash VF/XF 35.00 1929 $20 #4301 Corvallis, Or AU 170.07 1929 $10 #4342 Kankakee, Ill CU 65.00 1929 $20 #4342 Kankakee, Ill, AU 75.00 1929 $10 #2928 Albany, Or Good 65.00 1929 $10 #3072 Clay Center, Ks VG 75.00 1929 $20 #12401 Dickinson, ND (#1 Note) Good 200.00 1929 $ 5 #6012 Price, Utah T2 Good 100.00 1929 $10 #8508 Nephi, Utah F/VF 185.00 63 Satisfaction guaranteed. Seven day return privilege. Bank cards welcome, please send the information as it appears on your card. Member ANA-RCDA-SPMC. AURORA COIN SHOP 507 3rd Ave. #5-PM, Seattle, Wash. 98104 206-283-2626 Paper Money PAGE 293WHOLE NO. 66 SECRETARY'S REPORT HARRY G. WIGINGTON, Secretary P. 0. Box 4082 HARRISBURG, PA 17111 New Membership Roster Dealer or Collector Specialty Juanita M. McKeown, 3229 Laurelwood Ave., Bell- ingbam, Wash. 98225 Melvin Silverberg, 3605 Kingsbridge Ave., Bronx, C/D N.Y. 10463 Michael Alster, 3100 67th St., Des Moines, Iowa C/D Colonial 50322 Thomas S. LaMarro, 29460 Lathrup Blvd., South- C Michigan Obsolete notes field, Mi. 48076 William G. Kirchner, 6625 Lyndale Ave. So., Rich- C Fractional Currency field, Minn. 55423 Joseph Guardo, 27 Newburgh Rd., Putnam Lake, C/D All paper money Patterson, N.Y. 12563 Larry Dean Redgate, Rt. #1, Box 151-C, Belfair, C Large size U.S. Currency Wash. 98528 Raymond F. Reker, 22052 Marquee, Romulus, Mich. 48174 Richard Wajda, 3429 Livingston St., Phila., Pa. C large size notes 19134 Darrold Mars, 11681 Hazelton, Redford, Mi. 48239 Mark E. Howard, P.O. Box 2007, Alexandria, Va. C $1.00 & $2.00 FRN 71301 Robert John Clark, P.O. Box 65, La Grande, Or. C U.S., Canada, Australia, Finland 97850 LeVern A. Weiers, P.O. Box 43, Wolford, Va. 24658 Harry W. Johnson, 317 East 46th St., New York, N.Y. 10017 Fred Zinkann, 82 E. Circle Dr., Aurora, Il. 60538 Sakkis Dolbashian, 33-10 75th St., Jackson Heights, C All types N.Y. 11372 Paul L. Koppenhaver, P.O. Box 430, Van Nuys, Ca. All paperD 91408 Art Clappez, 2583 Newton St., Akron, Oh 44305 Rev. James A. Pingel, 206 Concord Dr., Sun Prairie, Wis. 53590 Ray L. Newburn, Jr., 3226 Emerald Isle Dr., Glen- dale, Ca. 91206 End of 1975-76 Membership Re-Instatement of Members 4429 Charles E. Carter, P.O. Box 207, Villa Park, Il. 60181 1500 Alfredo P. Marcon, Via dei Coronari, 112, 00186 Roma, Italy 3240 William P. Koster, 8005 South Clippinger Dr., Cin- cinnati, Oh. 45243 4245 M. Harris Resigned 1977 MEMBERS 4832 Wyran W. Parker, 330 Pine St., Middletown, Conn. 06457 4833 Dave Hudson, P.O. Box 964, Goldsboro, N.C. 27530 4834 Michael McNamara, 300 Belmont Ave., Haledon, N.J. 07508 4835 Steve Michaels. 641-6 S. West End Blvd., Quaker- town, Pa. 18951 4836 Lawrence A. Smulczenski, 3112 Felton Dr., Dayton, Ohio 45431 4837 Richard F. Shumski, 81 Hampden Dr., Norwood, Mass. 02062 C D D C/D C C Colonial & Continental Latin & South America (Primary) World (secondary) General Issues Large & Small Size Nationals Large Type Notes General Collector Large Size U.S. Currency No. 4811 4812 4813 4814 4816 4817 4818 4819 4820 4821 4822 4823 4824 4825 4826 4827 4828 4829 4830 4831 New Members C Third Charter & small Nationals C U.S. small notes, modern European currency 4838 Ronald Senghusch, 311 State St., Edwardsville, Ill. 'C Errors 62025 4839 Corbett B. Davis, 2604 Westhamton, S.W., Roanoke, Va. 24015 C Paper money of Virginia 4840 Charles Lawler, 218 U.S. Rte. 46, Mine Hill, Dover, N.J. 07801 4841 Larry W. Booth, P.O. Box 1991, Roanoke, Va. 24009 C/D Virginia Nationals, Large type notes, ob- solete notes Re-Instated Members 33 Raymond C. Rennick, 217 Tea House Dr., Natrona 4008 Norm Seward, 1825 Colonial Ave., Waco, Tx. 76707 Heights, Pa. 15065 3749 C. L. Taylor, Rt. #1, Box 265A, Gulf Breeze, Fl. 1735 V. Harold Stamps, P.O. Box 385, Fort Valley, Ga. 32561 2931 31030 2282 Dr. Gastone Soliner, Lagernstrasse 21, 8037 Zu- rich, Switzerland D. F. Wehrley, 6835 W. Wisconsin Ave., Wauwa- tosa, Wis. 43213 4311 Philip Newman, M.D., 1046 So. Orange Ave., Short Hills, N.J. 07078 Name Correction 4583 Paul W. Koslof ski, 120 Graceland Court, Decatur, II. 62526 Zip Code Corrections 3540 W. H. Seiler, 5515 Hewitt Dr., Houston, Tx. 77092 4790 Gerold 0. Warner, R.D. #3, Troy, Pa. 16947 PACE 294 Paper Money WHOLE NO. 66 PATRIOTIC PRIDE OF MASSACHUSETTS PAPER MONEY (Continued from Page 273) The plates were again altered, changing the words "Magna Charta" on the scroll, to "Independence," and the date to Nov. 17, 1776. On Dec. 7, Joseph Henderson, Dummer Jewett, Thomas Ivers, Nehemiah Abbot, Ezra Sergeant, Henderson Inches, Jonathan Hastings, Jr., and David Cheever were selected to sign and number, any pair of them thus validating the notes. Three days later, Nathan Adams and Nathaniel Barber replaced Inches and Henderson. Barber was later replaced by George Partridge. The Nov. 17, 1776, issue and all bills of six shillings and over of prior issues were called in for exchange by an act of Oct. 13, 1777, and were to become unredeem- able after Jan. 1, 1778. The redemption date was suc- cessively advanced to Dec. 1, 1778, by acts of Dec. 13, 1777, and June 4, 1778. An act was passed by the General Court on Oct. 13, 1778, providing for the redemption of all notes of less than six shillings. Notes were to be redeemed before March 1, 1779, but that date was later extended to June 1, 1780. Heavy redemption accounts for the extreme scarcity of the Paul Revere patriotic Sword-in-hand notes today. References and Source Material: Brigham, Clarence S. "Paul Revere's Engravings," Atheneum Press, New York, 1969. Gettemy, C. E. "The True Story of Paul Revere," Little, Brown and Co., Boston, 1906. Goss, E. H. "The Life of Col. Paul Revere," Jos. Cupples, Boston, 1891. Lossing, Benson J. "Harper's Popular Cyclopedia of U.S. History," Harper and Bros. Publishers, New York, 1893. Lossing, Benson J. "Pictorial Field-Book of the Revolu- tion," Harper Bros. Pub., New York, 1851. Newman, Eric P. "The Early Paper Money of America," Whitman Publishing Co.. Racine, Wis. 1967. WISMER OBSOLETE NOTE PROJECT Since the last announcement of the status of this very important project, there have been a few changes. Joint researchers for listing for the Maryland notes and scrip are: John B. Henry, 702 Benfield Road, Severna Park, Md., 21146, and Armand Shank, Jr., Box 233, Lutherville, Md. 21093. Anyone interested in as- sisting them with note descriptions or other pertinent data, please contact either of them, or write Richard T. Hoober, Box 196, Newfoundland, Pa. 18445, co-ordina- tor for the Wismer Project for all state listings. Hoober would like to hear from persons who might like to assist researchers in other states. Also needed are researchers for New York, plus other states. Manuscripts for the notes of Indiana, Maine and New Jersey, are soon to be published. A good indica- tion of the excellent progress being made, as was re- ported by Mr. George W. Wait, during the recent SPMC meeting in New York. ANNOUNCEMENT ABNER KREISBERG CORPORATION WILL SELL AT PUBLIC AUCTION FEBRUARY 14, 15, 16, 1977 BEVERLY WILSHIRE HOTEL The John A. Beck Collection - Part III SOLD BY ORDER OF PITTSBURGH NATIONAL BANK FEATURING SCARCE U.S. AND TERRITORIAL GOLD and THE AWARD WINNING COLLECTION OF Irving M. Moskovitz SOLD BY ORDER OF NATIONAL BANK OF DETROIT U.S. AND FOREIGN GOLD AND PLATINUM COINS AND MEDALS ISRAEL COLD, SILVER, BRONZE COINS—MEDALS—PAPER MONEY AN OUTSTANDING DISPLAY OF MASONIC JEWELS—EMBLEMS—BADGES—TOKENS U. S. PAPER MONEY HIGHLIGHTS * Beautiful and rare Continental and Colonial Currency displays * A selection of 75 scarce Large Size Notes * Rare Uncut and Reconstructed Sheets of Large Notes * Complete set of U. S. Cold Certificates—Series 1928—$10 thug $1000—a show stopping display * 23 seldom offered Uncut Sheets of Small Size Notes—many are Sheet No. 1 * 7 famous Moskovitz displays of Fractional and Specimen Notes featuring the Rare Double Denomina- tion Note and 50 Cent Invert Note. A golden opportunity to acquire Paper Money from the widely exhibited and acclaimed Irving M. Moskovitz Collection. RESERVE YOUR CATALOGUE NOW—Catalogue, including Prices Realized—$5.00 QUALITY SALES CORP. (Subsidiary of Abner Kreisberg Corp.) 344 No. Beverly Dr., Beverly Hills, Ca. 90210 q Enclosed please find $5.00 for the February 14, 15, 16, 1977 BECK-MOSKOVITZ SALES Auction Catalogue (prices realized after sale). Foreign Airmail $7.50 NAME ADDRESS CITY STATE ZIP QUALITY SALES CORP. (Subsidiary of Abner-Kreisberg Corp.) 344 No. Beverly Drive, Beverly Hills, Ca. 90210 ABNER KREISBERG JERRY COHEN 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 IOWA WANTED 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 I reton Northboro Blockton Garden Grove Jesup Olin Brighton Gilmore Lansing Orange City Brooklyn Goldfield Lawler Sanborn Clutier Grafton Lineville Sutherland Coin Hamburg Linn Grove Wesley College Springs Harlan Lisbon Dike Harris Macksburg Please state condition and price or send insured for my fair offer to WILLIAM R. HIGGINS, JR. BOX 64, OKOBOJI, IOWA 51355 ANA Life #109 SPMC #2950 WANTED WANTED OKLAH MA OKLAH NATIONAL BANK NOTES SMALL SIZE 1 29 5126 WYNNEWOOD 8313 PAWHUSKA 10239 HEAVENER 5272 NEWKIRK 8472 OKLA. CITY 10240 HOLLIS 5298 DAVIS 8524 STRATFORD 10286 MADILL 5347 ST I LLWATER 8563 LUTHER 10304 TECUMSEH 5546 PRYOR CREEK 8616 DUNCAN 10380 ACHILLE 5587 ALVA 8644 MINCO 10381 COLBERT 5811 MANGUM 8744 WAURIKA 10402 KAW CITY 5955 CHELESEA 8852 TEXHOMA 10548 RINGLING 5958 MARIETTA 8859 VERDEN 10573 VIAN 5961 PAWHUSKA 9046 SULPHUR 10689 COMMERCE 6113 ALTUSS 9709 WAYNOKA 10875 ERICK 6232 RALSTON 9881 KINHSTON 10960 POCASSET 6241 OKMULGEE 9888 HEAVENER 11397 TON KAWA 6299 COMANCHE 9942 TULSA 11763 CARNEGIE 6517 QU I NTON 9946 MARLOW 11913 I DABEL 6641 WANETTE 9949 NOWATO 12035 MOORE 6660 MCLOUD 9963 ELDORADO 12078 WELLSTON 6868 BEGGS 9964 GUYMON 12104 DEPEW 6879 COWETA 9968 CORDELL 12117 PRYOR CREEK 6980 CALVIN 9970 ST I LWELL 12130 BLAIR 7115 BROKEN ARROW 9976 SAYRE 12148 COYLE 7209 BERWYN 9980 HARRAH 12157 NORMAN 7278 THOMAS 9987 SHATTUCK 12472 ARDMORE 7724 WETUMKA 10003 BRAMAN 12801 HUGO 7811 WALTERS 10005 POND CREEK 13021 MADILL 7822 HASKELL 10020 GEARY 13751 OKMULGEE 8052 WEWOKA 10051 CHECOTAH 13760 FREDRICK 8138 GUYMON 10075 KAW CITY 13891 PONCA CITY 8140 FREDERICK 10117 CLAREMORE 14005 DURANT 8203 CHICKASHA 10151 EDMOND 14108 WALTERS 8294 MAUD 10205 MARLOW 14305 PAWHUSKA Will pay for VG to VF $75.00 VF to UNC $125.00 for above notes On above notes ship don't write. Will buy most all large notes on the State of Okla. Write. I am interested in many other states, Kan., West Texas, Ark., Ariz., New Mexico, Utah, Colo., Calif., Mont., Nevada and many more. Will buy complete collections, just write. Also wanted series 1929 FEDERAL RESERVE BANK NOTE brown seal $5.00 San Francisco. Write state condition and price. HARRY SCHULTZ 9 BOX 66, KREMLIN, OKLAHOMA 73753 ANA 38362 AC 405-635-2377 SPMC 994 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 PNG WANTED: RARE LARGE-SIZE NOTES We require RARE large-size notes in any grade; type notes in CU only (no Federals, please), in $1 through $100 denominations. We also need all grades large-size NATIONAL BANK NOTES, 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, Cold 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. Another Fine Offering of U. S. Currency FROM V. H. OSWALD, JR. Large Size Fractional Currency Fr. 16 XF+ 170.00 Fr. 67 CU 65.00 Fr. 223 VF Pin Holes 100.00 Fr. 225 VF+ 100.00 Fr. 237 Ch. C.U. 35.00 Fr. 237 Ch. C.U. 100.00 Fr. 278 Ab. VF 80.00 Fr. 1028 XF+ 100.00 Fr. 1187 V Fine+ 70.00 $ 1 Fr. 382 Ind. 1st. Charter Original with Ch# First N.B. Vin- cennes VG+ 1873 175.00 $ 5 Fr. 468 N.Y. B.B. Irving N.B. New York Ch. Au. 1357 185.00 $ 5 Fr. 598 N.J. 1902 First NB, Paterson F 329 49.00 $ 5 Fr. 598 N.J. 1902 Phillipsburg N.B. Ab VG 1239 56.00 $ 5 Fr. 598 R.I. 1902 Aquidneck N.E. Bank Saving Co. Newport Wrinkled Paper 1546 75.00 $ 5 Fr. 600 N.J. 1902 First N.I3. South Amboy VG Light rust 3878 95.00 $ 5 Fr. 606 N.Y. 1902 First N.B. Addison F 5178 69.00 $ 5 Fr. 608 Penna. 1902 Ridgway N.B. F Light ink mark Border 5945 59.00 $ 5 Fr. 609 N.J. 1902 First N.B. Cranford VG 12263 125.00 $10 Fr. 624 Penna. 1902 First N.B. Mahanoy City VG 567 49.00 $10 Fr. 624 N.Y. 1902 N. Union B. Kinderhook VG-F 929 62.00 $10 Fr. 624 Texas 1902 Merchants N.B. Brownsville G 7002 49.00 $10 Fr. 633 Penna. 1902 Berwick N.B. F-VG 6162 49.00 $20 Fr. 650 Penna. 1902 N.B. Fayette County Uniontown Ab VF 681 82.00 $20 Fr. 653 Penna. 1902 First N.B. Girardville VF 4422 85.00 Small Size Nationals $ 5 Ty 1 N.J. First N.B. Hawthorne F 12663 47.00 $10 Ty 1 N.J. Cumberland N.B. Bridgeton Ab F 1346 49.00 $10 Ty 11 N.Y. Ilion N.B. T. Co. Ilion VG-F 1670 49.00 $10 Ty 1 Mich. Southern Michigan N.B. Coldwater VG 1924 47.00 $10 Ty 1 N.Y. Union N.B. Franklinville VG Light rust on border 2755 52.00 $10 Ty 1 Maryland First N.B. Frostburg VG-F 4149 90.00 $10 Ty 1 Penna. Ridgway N.B. Ridgway VG 5945 42.00 $10 Ty 11 Ohio N.B. Lima Au. 13767 49.00 $20 Ty 1 Penna. First N.B. Milton VF-XF 253 49.00 $20 Ty 11 N.Y. First N.B. Waverly VG-F A000002 297 90.00 $20 Ty 1 N.Y. Ballstonspa N.B. Ballston Spa VG 1253 59.00 $20 Ty 1 N.J. Mount Holly N.B. Mount Holly F 1356 59.00 $20 Ty 1 N.J. Union N.B. T. Co. Mount Holly VG+ 2343 55.00 $20 Ty 1 N.Y. Merchants N.B. Dunkirk VF 2619 52.00 $20 Ty 1 Mass. Leominster N.B. Leominster Ab F 3204 48.00 $20 Ty 1 Mich First N. Trust Savings B. Port Huron VF 4446 59.00 $20 Ty 1 Virginia Boston N.B. South Boston VG 8414 69.00 $20 Ty 1 Penna. First N.B. Jessup F 9600 54.00 $20 Ty 1 D.C. Franklin N.B. Washington Ab F 10504 75.00 $20 Ty 11 Texas State N.B. Corpus Christi Corner torn off VG 12235 48.00 $20 Ty 1 Oregon N.B. Commerce Astoria Ch. Au. 13354 135.00 $20 Ty 1 Texas First N.B. Atlanta VG 4922 85.00 Small Size Unusual Serial Numbers $ 1 1928-A S.C. K00000400A C.U. 59.00 $ 1 1928-A S.C. K00004000A C.U. 59.00 $ 1 1928-A S.C. K00008000A C.U. 59.00 $ 1 1928-A S.C. G50555555A C.U. 49.00 $ 1 1963 F.R.N. B00100000A Au. 60.00 $ 1 1963-A F.R.N. B08200000A C.U. 24.00 $ 2 1963 U.S.N. Star 00222299A Au. 24.00 $ 5 1950-E F.R.N. B890000b9F C.U. 35.00 $ 5 1974 F.R.N. C95555555B VF 35.00 $10 1950-D F.R.N. B94444444J CU. 39.00 $ 1 1935-A Hawaii Overprint C.U. 11.00 S 2 1928-A U.S.N. XF 49.00 First Issue Fr 1229 Au. 46.00 Fr 1229 C.U. 60.00 Fr 1240 C.U. 63.00 Fr 1241 C.U. Au. 48.00 Fr 1243 XF 63.00 Fr 1279 C.U. 95.00 Fr 1281 C.U. 65.00 Fr 1312 Unc. 62.00 Second Issue Fr 1223 F-VF 90.00 Fr 1235 Unc. 85.00 Fr 1249 C.U. Close Trim Top 75.00 Third Issue Fr 1226 C.U. Strip of Three 150.00 Fr 1252 C.U. 65.00 Fr 1291 C.U. 75.00 Fr 1292 C.U. Pin Hole 62.00 Fr 1298 C.U. 120.00 Fr 1324 C.U. 80.00 Fr 1326 C.U. 60.00 Fr 1331 Au. 28.00 Fr 1339 C.U. 55.00 Fr 1370 C.U. 145.00 Fr 1373 C.U. Faded Paper 180.00 Fourth Issue Fr 1259 Au. 28.00 Fr 1261 C.U. 35.00 Fr 1307 C.U. 36.00 Fr 1376 C.U. Pin Hole 56.00 Fifth Issue Fr 1264 C.U. 47.00 Specimens Fr 1254 Reverse Au. 55.00 wide Fr 1255 Reverse Au. 55.00 wide Fr 1274 Obverse & Red Reverse C.U. 255.00 narrow Fr 1314 Obverse C.U. 30.00 narrow Colonial and Continental Continental Seven Dollars May 10, 1775 VG-F 40.00 Continental Five Dollars Nov. 29, 1775 VG-F 40.00 Continental Eight Dollars Nov. 2, 1776 F 45.00 Continental Seven Dollars Sept. 26, 1778 F+ 45.00 Continental Twenty Dollars Sept. 26, 1778 VG-F 40.00 Continental Seventy Dollars Jan. 14, 1779 Signed by Jas. Wilson, Signer of the Declaration Amanuensis VF 225.00 Colonial N.J. Three Shillings March 25, 1776 C.U. 85.00 All notes advertised are guaranteed with a seven day return privilege. Please watch for future listings, many other notes in stock. Send your want lists. S.P.M.C. #4168 A.N.A. #R079115 V. H. OSWALD, JR. P. 0. Box 304 EMMAUS, PA 18049 Mint iteau Nat ional Ba tik WANTED RHODE ISLAND OBSOLETE NOTES FROM THE FOLLOWING BANKS ANTHONY VILLAGE Coventry Bank NEW PORT Aquidneck Bank Northern Bank Pawtuxet Bank WAKEFIELD Peoples Exchange Bank ASHAWAY The Bank of Rhode Island Roger Williams Bank Wakefield Bank Ashaway Bank New Port Exchange Bank Slater Bank WARREN BLOCK ISLAND Traders Bank Smithfield Lime Rock Bank Hope Bank Island Bank PAWTUXET State Bank Sowamsett Bank BURRILLVILLE Burrillville Agricultural Bank Pawtuxet Bank PHENIX Phenix Village Bank Traders Bank Union Bank What Cheer Bank WICKFORD North Kingston Bank North Kingston Exchange Bank CUMBERLAND PROVIDENCE SCITUATE Wickford Bank Citizens Bank Atlantic Bank Scituate Bank WOONSOCKET EAST GREENWICH Atlantic Mediterranean Banking SMITHFIELD Producers Bank Bank of New England Greenwich Bank and Navigation Co. Atlas Bank Globe Bank Smithfield Union Bank Railroad Bank Woonsocket Falls Bank GLOUCESTER Franklin Bank Jackson Bank Lime Rock Bank SOUTH KINGSTON South Kingston Bank Citizens Bank PASCOAG Marine Bank Gftnite Bank Mechanics Bank TIVERTON Pascoag Bank Mercantile Bank Bristol Union Bank If you have any notes from the above banks or any other scarce Rhode Island sheets, proofs, scrip, etc. please state your asking price or send for my fair offer. If your notes are not for sale I would appreciate a photo copy for reference as I am nearing completion of the State of Rhode Island for the S.P.M.C. project. Also I have several rarities from other states if trades are preferred. ROGER H. DURAND P. 0. BOX 186, REHOBETH, MASS. 02769 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 Now is the time to consign your coins and currency to New England Rare Coin Auctions. In New York City March 24-27, 1977 In conjunction with the Metropolitan New York Coin Convention, Barbizon Plaza Hotel At our July auction, quality rare coins and currency brought extremely high prices, indicating both the strength of the market, and the confidence bidders have in New England Rare Coin Auctions. If you have a collection of coins or currency which you wish to dispose of at the highest possible prices, it makes sense to consider one of our Spring '77 auctions. Here are just a few reasons why: 1 Many of our regular clients are the verybuyers you want. They're active floor bidders and mail bidders from all over the United States and abroad, and they're always ready to buy. 2 We know how to advertise and promoteour auctions. Not just in THE NUMISMATIST, COIN WORLD, NUMISMATIC NEWS and PAPER MONEY . . . but in major newspapers like THE NEW YORK TIMES, and through teletype, multi-mailings, and personal contact. 3 We are known for our high prices realizedfor paper money. Our accurate grading and precise attribution have given us the reputation that helps you. In our March '76 auction we were pleased to have auctioned the extremely rare Federal Dept. PM, 1661 In Boston April 15-16, 1977 Howard Johnson's 57 Hotel Park Square, Downtown Boston Reserve specimen notes from the famous Albert A. Grinnell collection of United States paper currency, previously catalogued and sold by Barney Bluestone from 1944 to 1946. As described by Bluestone "this lot is the piece-de-resistance of Mr. Grinnell's entire collection" ($8000); Series 1902 Jennings La. National Bank $10 note, almost Unc. ($550); Series 1861 $10 demand note, F-6, F-VF ($700); Series 1861 $10 demand note, F-7, Fine ($625); Series 1902 $10 First National Bank of Hawaii note, F-VF, ($425). Interested? Then call our President, Lee J. Bellisario, toll-free at 1-800-225-3858 and he will personally discuss with you how your holdings can become part of our Spring '77 auctions. Or you can write to him at the address below. Either way, now is the time. ((NEW ENGLAND RARE COIN AUCTIONS An Affiliate of New England Rare Coin Gal eines Worcester Road, Framingham, Mass. 01701 NATIONAL BANK NOTES SMALL SIZE $20 FNB of Montgomery, Alabama, Ch #1814, T2, CU $ 85.00 20 Security-First NB of Los Angeles, California, #2491, T-1, F 30.00 10 FNB of Arcadia, Florida, #5534, Tl, F 175.00 5 FNB of Miami, #6370, Tl, F 90.00 10 same, Tl, F-VF 90.00 20 same, T1, F, cr. off 45.00 20 same, T1, F, rubber stamped 75.00 5 Florida NB&T.C. Miami, #13570, T2 VG 70.00 20 American NB of Pensacola, #5603, T2, CU 120.00 10 FNB of Tampa, #3497, Tl, F 65.00 20 same, Tl, VG-F 60.00 20 Exchange NB of Tampa, #4949, Tl, G-VG 50.00 10 FNB of Pelham, Georgia, #9870, Tl, VG 275.00 20 FNB of Danville, Indiana, #152, T1, VG 30.00 5 Citizens' NB of Evansville, #2188, T2, AU 65.00 5 FNB in Wichita, Kansas, #2782, T2, AU 75.00 20 Whitney NB of New Orleans, Louisiana, #3069, Tl, AU .. 65.00 20 NB of Commerce in New Orleans, #13689, T2, U 75.00 10 FNB of Easthampton, Mass., #428, T2, U 65.00 10 FNB of Haverhill, #481, T1, VG 25.00 5 Haverhill NB, Haverhill, #484, T1, XF 30.00 10 N. Mount Wollaston B of Quincy, #517, Tl, XF 40.00 6 FNB of Norway, Michigan, #6863, T1, G-VG 30.00 5 same, T1, AU 60.00 20 FNB of Thief River Falls, Minnesota, #5894, T1, F 225.00 10 FNB of Greenwood, Mississippi, #7216, Tl, F 195.00 10 FNB of Crofton, Nebraska, #8186, Tl, XF 225.00 5 FNB of Syracuse (Nebr.), #3083, Tl, F 70.00 10 Phillipsburg NB&TC, New Jersey, #1239, T1, VG 25.00 10 FNB of Bellevue, Ohio, #2302, Tl, F 40.00 5 FNB of Wellston, #3565, T1, VF 35.00 20 FNB of Scranton, Pennsylvania, #77, T1, F 40.00 LARGE SIZE $20 FNB of Abbeville, Alabama, #5987, 2nd Ch. V.B., G $300.00 20 Commercial NB of Eufaula, #5024, 3rd Blue, F 195.00 5 Alabama NB of Montgomery, #12993, 3rd Blue, F 195.00 20 FNB of Opelika, #3452, 3rd Dates, F 125.00 10 FNB of Los Angeles, California, #2491, 3rd Blue, VF 50.00 10 Capital NB of Sacramento, #10107, 3rd Blue, F 175.00 10 FNB of Hartford, Connecticut, #121, 3rd Blue, VG-F 55.00 20 Phoenix NB of Hartford, #670, 2nd BB, XF 350.00 5 NB of Norwalk, #942, 3•d Blue, G 35.00 5 Thames N.B. Norwich, #657, 2nd BB, F 275.00 5 Riggs NB of Washington, D.C., #5046, 2nd BB, XF 400.00 5 FNB of Key West, Florida, #4672, 3rd Blue, VG 375.00 5 FNB of Leesburg, #11038 • 3rd Blue, F 475.00 10 FNB of Panama City, #10346, 3rd Blue, damage u/c, F 375.00 10 N.B. of Commerce, Pensacola, #10535, 3rd Dates, stned, rare, G 425.00 5 N. City B. of Tampa, #10958, 3rd Blue, G 55.00 5 Georgia N.B. of Atlanta, Georgia, #1605, 1st Original, a great rarity, VG 1400.00 5 Fourth NB of Atlanta, #5045, 2nd BB, F 450.00 20 Lowry NB of Atlanta, #5318, 2nd V.B., VG 575.00 20 FNB of Carrollton, #5264, 2nd V.B., VF 1200.00 20 Fourth NB of Columbus, #4691, 2nd BB, VG 550.00 20 FNB of Commerce, #7431, 3rd Blue, VG 250.00 10 FNB of Newnan, #1861, 1st 1875, VF 2100.00 5 Merchants NB of Rome, #3670, 2nd BB, VG-F 550.00 5 Merchants NB of Savannah, 1st 1875, (#1640), finest Georgia first charter I've seen, VF 2200.00 10 Merchants NB of Savannah, 1st 1875, #1640, F-VF 1700.00 20 Empire NB of Lewiston, Idaho, #10212, 3rd Blue, VG 295.00 5 Green County NB of Carrollton, Illinois, #2390, 1st 1875, VF 275.00 10 N.T.B. of Charleston, #11358, 3rd Blue, taped, G 65.00 5 FNB of Hoopeston, #2808, 2nd BB, VG 175.00 20 FNB of O'Fallon, #6924, 3rd Blue, XF, weak sips. 150.00 10 City NB of Auburn, Indiana. #6509, 3rd Blue, VG 80.00 5 FNB of Aurora, #699, 2nd BB, F 175.00 10 Franklin NB, Franklin, #3338, 3•d Blue, VF 90.00 1 N. State B of Lafayette, #930, 1st 1875, F 225.00 10 N. Fowler B of Lafayette, #5889, 2nd V.B., F 250.00 20 City NB of Logansport, #5076, 3rd Blue, F 95.00 20 Marion NB, Marion, #7758, 3rd Blue, F 55.00 50 McKeen NB of Terre Haute, #7922, 3rd Dates, XF 225.00 10 same, #5312, 2nd VB, F 5 same, #5312, 2nd BB slightly better 225.005 New Orleans NB, #1778, 1st Orig. (no ch.#), a great 5 Commercial NB of New Orleans, #5649, 2nd BB, F 5 Whitney-Central NB of New Orleans, #3069, 3rd Blue, VG 45 rarity, F 225.00 10 FNB of Lake Charles, #4154, 3rd Blue, VG 275.00 275.00 10 FNB of Jeanerette, Louisiana, #7768, 3rd Blue, VG 900.00 45.00 95.00 20 State NB of New Iberia, #6858, 3rd Blue, F 5 Live Stock NB of Sioux City, Iowa, #5022, 3rd Blue, F 75.00 20 FNB of Wamego, Kansas, #3434, 3rd Blue 200.00 5 NB of Kentucky of Louisville, Kentucky, #5312, 2nd BB, VG 250.00 475.00 10 Madison NB of Tallulah, #12923, 3rd Blue, F 250.00 . 20 Second NB of Baltimore, Maryland, #414, 1st 1875, F-VF 00 5 FNB of Portland, Maine, #221, 3rd Blue, F 555 5 Canal NB of Portland, #941, 3rd Blue, VG-F 4 rare 775.00 60.00 10 N. Marine B. of Baltimore, #2453, 3rd Blue, F 20 Citizens NB of Baltimore, #1384, 3rd Blue, VF 50.00 225.005 Oldtown NB of Baltimore, #5984, 2nd BB, F 2 N.B. of Commerce of Boston, Massachusetts, #554, 1st 1875, VG 325.00 195.00 5 N. Webster B. of Boston, #1527, 2nd BB, AU 1 N. City B. of Boston, #609, 1st 1875, F 295.00 2 Central NB of Boston, #2103, 1st Orig. (no ch.#), U- 1200.00 see this beauty if a great Deuce is needed in your collection 10 Commercial NB of Boston, #3923, 3rd Dates, F 1600.00 00 2 Merchandise NB of Boston, #2304, 1st 1875, U 5 FNB of Chicopee, #1056, 2nd BB, F-VF 75.005 Federal NB of Boston, #12336, 3rd Blue, XF 1 FNB of Dorchester, #156, 1st Orig. (no ch.#), XF-AU 75.00 20 Peoples NB of Marlborough, #295, 2nd BB, VF 575.00 10 Home NB of Holyoke, #3128, 3rd Dates, VF 70.00 25 Worcester County NB of Worcester, #7595, 3rd Blue, XF 79 5 .°00° 5 Old NB of Grand Rapids, Michigan, #2890, 3•d Blue, F 80.00 10 Northfield NB, Northfield, #5895, 3rd Blue, VG-F 150.005 FNB in Minneapolis, Minnesota, #710, 3rd Blue, XF 80.00 220 FNB of Gulfport, Mississippi, #6188, 3rd Blue, F 20 FNB of Hattiesburg, #5176, 3rd Blue, G-VG 2 5.00 195.00 5 New England NB of Kansas City, Missouri, #5138, 3rd Blue, VF 5 FNB of St. Joseph, #4939, 3rd Dates, VF 95.0075. 0 5 Tootle-Lacy NB of St. Joseph, #6272, 3rd Blue, VG-F 55.00 10 N.B. of Commerce in St. Louis, #4178, 2nd BB, VF 225.00 10 55.00 same, 3rd Blue VF 5 same, 3rd Blue, VF+ 10 Central NB of Columbus, Nebraska, #8328, 3rd Blue, F 15105 .°00° 20 City NB of David City, #3934, 3rd Blue, F 125.00 20 NB of Commerce of Lincoln, #7239, 3rd Blue, VF 195.00 5 Saint Paul N.B. Saint Paul, #3129, "D" note with wide bottom edge, incredibly rare 675.005 Mechanics NB of Concord, New Hampshire, #2447, 1st 1875, F 375.00 5 Souhegan NB of Milford, #1070, 3rd Blue, VF 10 FNB of Santa Fe, Territory of New Mexico, #1750, 2nd 145.00 BB, a tough note to find and still attractive in G-VG 1900.00 5 FNB of the City of N.Y., New York, #29, 2nd BB, U 5 N.B. of Commerce in NY, #733, 2nd BB, VF 250.00 275.00 5 N.B. of the Republic of N.Y., #1000 (Racketeer note), 2nd BB, G-VG 225.00 10 Merchants NB of the City of N.Y., #1370, 3rd Blue, XF 85.00 10 N. City B. of New York, #1461, 3rd Red, AU 225.00 10 Public NB&TC of NY, #11034, 3rd Blue, VF 55.00 5 Commercial NB of Charlotte, North Carolina, #2135, 3rd Blue, F 175.00 5 Concord NB, Concord, #3903, 2nd BB, VF 1500.00 10 Greensboro NB, Greensboro, #5031, 2nd BB, G, 850.00 10 FNB of Casselton, North Dakota, #2792, 3rd Blue, G 325.00 10 Live Stock NB of Hettinger, #11677, 3rd Blue, VG 375.00 5 FNB of Chardon, Ohio, #4671, 2nd BB, VF 225.00 5 Union NB of Cleveland, #3202, 3rd Red, AU 325.00 20 Euclid Avenue NB of Cleveland, #3545, 2nd BB, F 95 American Exchange NB of Cleveland, #5090, 2nd BB, VF 11 5 ..0°0° 10 B. of Commerce N. Assn. of Cleveland, #5194, 2nd BB, F-VF 125.00 5 Huntington NB of Columbus, #7745, 3rd Blue, XF 40.00 10 same, 3rd Blue, VF 50.00 5 Winters NB&TC of Dayton, #2604, 3rd Blue, VG 25.00 2 Defiance NB, Defiance, #1906, 1st Orig. 225.00G-VG 20 Dennison NB, Dennison, #6843, 3rd Blue, F-VF 65.00 5 Citizens NB of Marietta, #4164, 2nd BB, XF 225.00 1 FNB of Portsmouth, #68, 1st Orig. (no eh.#), 2 pea NATIONAL BANK NOTES taped, VG 75.00 20 Citizens NB of Ripley, #3291, 2nd BB, AU 400.00 5 Waynesville NB, #2220, 2nd BB, AU 295.00 5 FNB of Youngsville, #3, 3rd Blue, VG 60.00 10 Allentown NB, Pennsylvania, 3rd Blue, F-VF 60.00 10 FNB of Belle Vernon, #4850, 2nd BB, VG 175.00 5 Jefferson County NB of Brookville, #2392, 2nd BB, U 350.00 5 NB of Catasaugua, #1411, 3rd Blue, G-VG 45.00 10 same, 3rd Blue, F-VF 55.00 5 FNB&TC of Frackville, #7860, 3rd Blue, stns., G 50.00 20 FNB of Greenville, #249, 3rd Blue, cut close bottom, XF 95.00 5 United States NB of Johnstown, #5913, 3rd Blue, VG 75.00 20 FNB of Milford, #5496, 3rd Blue, VF 90.00 10 Philadelphia NB, #539, 3rd Red, VF-XF 350.00 5 Merchants NB of Philadelphia, #2462, 2nd BB, VF 150.00 10 Quaker City NB of Philadelphia, #4050, 3rd Dates, XF 95.00 20 Third NB of Pittsburgh, #291, 3rd R_d, XF 325.00 5 Mellon NB of Pittsburgh, #6001, 3rd Red, #2 note, U 365.00 5 same, 3rd Blue, VG 20.00 20 Peoples NB of Rochester, #7749, 3rd Blue, VG 85.01 10 FNB of Scranton, #77, 3rd Blue, VG 55.00 5 Traders NB of Scranton, #4183, 3rd Blue, F 45.00 5 Second NB of Wilkes Barre, #104, 3rd Blue, F 40.00 5 York NB&TC, #604, 3rd Blue, F 40.00 1 Newport NB, Newport, Rhode Island, #1492, 1st Orig., F-VF 400.00 5 Merchants NB of Providence, #1131, 3rd Blue, VG 45.00 1 Manufacturers NB of Providence, #1283, 1st Orig., (no ch.#), VF 395.00 10 Providence NB, #1302, 3rd Blue, VG 40.00 5 Palmetto NB of Columbia, South Carolina, #8133, 3rd Blue, F 85.00 10 same, 3rd Blue, F 160.00 20 NB of Leesville, #9057, 3rd Blue, stns., VF 395.00 20 Manon NB, #10085, 3rd Blue, VF 275.00 5 Central NB of Spartanburg, #4996, 3rd Blue, U 395.00 10 FNB of Springfield, #10586, 3rd Blue, F 275.00 10 FNB of Sumter, #3809, 3rd Blue, F 225.00 5 FNB of Chattanooga, Tennessee, #1606, 3rd Blue, XF 145.00 5 Hamilton NB of Chattanooga, #7848, 3rd Blue, AU 70.00 10 First Citizens NB of Dyersburg, #5263, 3rd Blue, U 225.00 10 City NB of Knoxville, #3837, 3rd Blue, stn., F 75.00 10 Holston NB of Knoxville, #4648, 3rd Blue, F 75.00 5 American NB of Nashville, #3032, 3rd Blue, XF 125.00 5 FNB of Paris, #9334, 3rd Blue, G 125.00 5 Alamo NB of San Antonio, Texas, 2nd BB, F 695.00 (The above is the exact note shown in Hessler) 5 Victoria N.B. Victoria, #10360, 3rd Blue, G+ 125.00 10 FNB of Brigham City, Utah, #6036, 3rd Blue, VG+ 475.00 10 N. Copper B. of Salt Lake City, #9652, 3rd Dates, VF 293.00 5 Howard NB of Burlington, Vermont, #1698, 2nd BB VF 350.00 5 FNB of Fairhaven, #344, 1st Orig., (no ch.#), XF 550.00 1 NB of Rutland, #1450, 1st Orig., F-VF 300.00 1 FNB of Springfield, #122, 1st Orig., (no ch.#), XF 400.00 5 Lynchburg NB, Lynchburg, #1522, 3rd Blue, F 70.00 5 FNB of Lynchburg, #1558, 3rd Dates, G 35.00 10 N.B. of Commerce of Norfolk, #6032, 2nd VB, VF 300.00 5 Virginia NB of Norfolk, #9885, 3rd Dates, G 29.00 10 Seaboard NB of Norfolk, #10194, 3rd Blue, U 225.00 10 FNB of Richmond, #1111, 3rd Blue, F-VF 125.00 5 Peoples NB of Rocky Mount, #8984, 3rd Blue F+ obv (Green) 195.00 20 Farmers & Merchants NB of Winchester, #6084, 3rd Blue, VF 195.00 10 First-Wisconsin NB of Milwaukee, Wisconsin, #64, 3rd Blue, F+ 55.00 20 Stockmen's NB of Casper, Wyoming, #7083, 3rd Dates, F 325.00 WARREN HENDERSON P. 0. BOX 1358, VENICE, FLA. 33595 PHONE 813-488-5941 STATES 101,r -I 1 6 JLiLY.4 17 FIRST DAY OF ISSUE "THE SPIRIT OF' 76 IN THE WEST" BI-CENTENNIAL EDITION This unique numismatic/philatelic $2 note has four 13c stamps, featuring the famous Trumball painting, affixed to it. Two on the front and two on the back, with a special official postmark, dated July 4, 1976, from Centennial, Wyo. used to cancel the stamps. Centennial, Wyoming, founded during our nation's centennial year of 1876, is the only community of this name officially recognized by AREA ! Only 100 each of the Philadelphia and Kansas City FRDs $2 notes are available with this historical cancellation. $5.50 each $55.00 Set of 12 Districts P. O. BOX 1305 FRONTIER MINT CHEYENNE, WY 82001 • ANNOUNCEMENT 6' DOROTHY GERSHENSON IS NO LONGER ASSOCIATED WITH COINS Er CURRENCY INC PHILADELPHIA EFFECTIVE OCTOBER 11, 1976 - NOW TRADING AS D R THY GERSHENS N, INC. P. 0. BOX 395, BALA CYNWYD, PA 19004 TELEPHONE 215-667-2634 BUYING e SELLING ® APPRAISING • AUCTIONING COINS - PAPER MONEY - STAMPS - AUTOGRAPHS - JEWELRY WANTED: OBSOLETE AND NATIONAL PAPER Stop by my table and say hello if you attend F.U.N. TAKE A CENTURY-OLD TOUR of the AMERICAN BANK NOTE COMPANY Follow each step of bank note production as it was over 100 years ago thru the pages of .. . 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 engrav- ings, these articles treat the reader to a comprehensive tour of the Philadelphia Mint and the American Bank Note Company. Visit the Modeling and Designing Rooms, their walls covered with original drawings by Darley, Casilear, Edmonds, and others. The Engraving Rooms, where tool is first taken to steel. Explore the intricacies of the Geometric Lathe and the Transfer Press. Enter the fortress-like Plate Storage Room, guarded by a jolly Hibernian, a brace of blunderbusses at his side. Learn about the various printing processes and the evolution of the inks that were used. For example, did you know that the earliest bank note inks were made by burning the refuse of wine- presses?! Order your copy today! Just $2.95 plus 40c first class postage. GEORGE A. FLANAGAN BOX 191, BABYLON, N.Y. 11702 OVER 1 H DECADIF,S As America's. Largest Dealer in Obsolete Currency Means Very Simply That .. . GROVER CRISWELL CAN HELP YOU BUY OR SELL! If you are not on our mailing list, write today for your free copy of our latest 48 Page offering of notes, and send us your WANT LIST. CONFEDERATE AND SOUTHERN STATES CURRENCY LATEST EDITION (1976) , COMPLETELY Revised, 300 Pages, Hard Bound. (Autographed if You Wish) CRISWELL'S (Phone AC 904 685-2287) CITRA, FLA. 32627 WASHINGTON AND IDAHO NATIONALS FOR SALE IDAHO 1902 $20 Lincoln County Natl. Bank—Shoshone #P9272 $1545.00 Large Outstanding—VG-325.00 WASH I NGTON 1902 $5 University Natl' Bank—Seattle #12153—F-VF-75.00 1902 $20—Fidelity Natl. Bank—Spokane #P-3528—F-130.00 1902 $10—Old Natl. Bank—Spokane #4668 VF-XF--95.00 1929 $10—Grays Harbor Natl. Bank—Aberdeen #12704—F-VF— 68.00 1929 $20—Farmers Natl. Bank—Colfax #10511 F-VF-67.00 1929 $10—Broughton Natl. Bank—Dayton #9443 VG F 65.00 1929 $10 Columbia Natl. Bank Dayton #2772 VG-F-115.00 1929 $10—Wash. Natl. Bank—Ellensburg #9079—CU-145.00 1929 $20—Citizens Security Natl. Bank—Everett #11693—VF-79.00 F 68.00 1929 $20—U.S. Natl. Bank—Vancouver #9646 VG-F-67.00 1929 $10—Yakima First Natl. Bank—Yakima #3355-47.00 SPOKANE COIN EXCH., INC. STEVE ESTES ANA-54510 W. 249 SPOKANE FALLS BLVD., SPOKANE, WASH. 99201 A Civil War blockade runner, the "Bermuda," bound for Nassau in the Bahamas left Liverpool, England in March 1862; with a cargo of miscellaneous goods badly needed by the Confederacy. She was cited during the crossing and captured by the Federal ship "Mercidita" on April 27, 1862. She was taken to Philadelphia, adjudged a legal prize of war and her cargo sold at auction. One of the articles of cargo in her holds was a consignment of bank note paper bound for Keatinge and Ball in Columbia, South Carolina, for use in printing Confederate currency. The sheets measured 13 inches by 17 inches and had the block CSA watermark eight times. The purchaser of this paper at auction was the U.S. Treasury Department, who used it extensively to print Fractional Currency Specimen Notes of the Second and Third Issues; many of which show parts of the CSA watermark identical to that on several Confederate Note Issues of 1861-3. Due to a fortunate purchase of a small hoard of this paper, we can offer it as follows: Full Sheets $45 3 for $120 Limit 3 per customer Half Sheets $25 Quarter Sheets $17.50 Single Watermarks $10.00 Cut to the size of a large size note No where else are the Numismatic Histories of the Confederacy and the U.S.A. drawn so closely together. A wonderful addition to a collection of U.S. Fractional Currency, Confederate States Currency or to a General Paper Money Collection. Each of these sheets has a horizontal crease, apparently due to early storage (this crease common to all sheets that we have ever seen or heard of); but is otherwise fresh and new, with the original uneven edges on all four sides. LEN & JEAN GLAZER P.O. Box 111 Forest Hills, New York 11375 ThQ CSA PAPER WANTED IOWA NATIONAL CURRENCY SMALL SIZE * * New Jersey State Nationals * * WANTED Laurens, 1st Nat. B. #4795 Linn Grove, 1st Nat. B. #7137 Macksburg, Macksburg Nat. B. #6852 Malvern, Malvern Nat. B. #8057 Monroe, Monroe Nat. B. #7357 Montezuma, 1st Nat. B. #2961 Nevada, Nevada Nat. B. #14065 Ottumwa, Iowa Nat. B. #1726 Red Oak, Farmers Nat. B. #6056 Seymour, 1st Nat. B. #8247 Sigourney, 1st Nat. B. #1786 Sioux City, Sioux Nat. B. #4510 Stuart, 1st Nat. B. #2721 Villisca, Nodaway Valley Nat. B. #14041 Williams, 1st Nat. B. #5585 Wyoming, 1st Nat. B. #1943 (Small Size—Series of 1929) NORTH ARLINGTON, Charter No. 12033 PALISADES PARK, Charter No. 14088 (Large Size; 1st, 2nd, and 3rd Charter Periods) FORT LEE, Charter No. 12497 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 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 Blockton, 1st Nat. B. #8211 Bloomfield, Nat. B. of Bloomfield #9303 Burt, 1st Nat. B. #5685 Casey, Abram Rutt Nat. B. #8099 Clarence, 1st Nat. B. #7682 Clearfield, 1st Nat. B. #9549 Coin, 1st Nat. B. #7309 Conrad, 1st Nat. B. #9447 Davenport, 1st Nat. B. #15 Floyd, 1st Nat. B. #9821 Fontanelle, 1st Nat. B. #7061 Fredericksburg, 1st Nat. B. #10541 Glenwood, Mills County Nat. B. #1862 Griswold, Griswold Nat. B. #8915 Keokuk, Keokuk Nat. B. #14309 Kanawha, 1st Nat. B. #9018 • BOX 64, OKOBOJI, IOWA 51355 A.N.A. Life #109 S.P.M.C. #2950 WILLIAM R. HIGGINS, JR WORLDWIDE BANKNOTES MAIL BID SALE • Many hundreds of Scarce & Rare Notes including: CHINA MING NOTE ENGLAND—BANK OF ENGLAND £1000 SPECIMEN NOTE SOUTH AFRICA CANCELLED 10,000 POUND GOLD CERTIFICATE Send $2.00 now for Catalog & Prices realized GARY F. SNOVER P. 0. BOX 3034 SAN BERNARDINO, CA 92413 WANTED BY COLLECTOR SMALL-SIZE KENTUCKY NATIONAL CURRENCY #1493 Lancaster, N.B. of Lancaster #1767 Springfield, First N.B. #2148 Winchester, Citizens N.B. #2576 Owensboro, First N.B. #2868 Owenton, First N.B. #2888 Lancaster, Citizens N.B. #2917 Hustonville, N.B. of Hus- tonville #2927 Georgetown, First N.B. #2968 Owenton, Farmers N.B. #3856 Hopkinsville, First N.B. #3988 Lebanon, Citizens N.B. #4090 Frankfort, State N.B. #4260 Covington, Citizens N.B. #4271 Lebanon, Farmers N.B. #4356..Greenville, First N.B. #4563 Fulton, First N.B. #4819 Glasgow, First N.B. #5257 Princeton, Farmers N.B. #5323 Ludlow, First N.B. #5376 Frankfort, N. Branch B. of Frankfort #5486 Glasgow, Trigg N.B. #5881 Somerset, Farmers N.B. #6248 Latonia, First N.B. #6262 Barbourville, First N.B. #6342 Campbellsville, Taylor N.B. #6419 Monticello, Citizens N.B. #6546 Russellville, Citizens N.B. #6894 Hodgenville, Farmers N.B. #7012 Dry Ridge, First N.B. #7037 Greenup, First N.B. #7110 Louisa, First N.B. #7122 Louisa, Louisa N.B. #7174 Williamsburg, First N.B. #7215 Pineville, Bell N.B. #7242 Sebree, First N.B. #7254 Prestonsburg, First N.B. #7284 Barbourville, N.B. of John A. Black #7544 Corbin, First N.B. #7602 Horse Cave, First N.B. #7605 Manchester, First N.B. #7653 Richmond, Citizens N.B. #7890 London, N.B. of London #8331 Bardwell, First N.B. # 8439 Glasgow, Citizens N.B. # 8604 Lawrenceburg, Anderson N.B. # 8792 Russell, First N.B. # 8830 Brooksville, First N.B. # 8903 Burnside, First N.B. # 8905 Salyersville, Salyersville N.B. # 8943 Clay, Farmers N.B. # 9098 Clinton, First N.B. # 9602 Catlettsburg, Kentucky N.B. # 9708 Providence, Union N.B. # 9722 Glasgow, Farmers N.B. # 9832 Richmond, Southern N.B. # 9880 Wilmore, First N.B. #10062 Jenkins, Jenkins N.B. #10254 East Bernstadt, First N.B. #11348 Russell Springs, First N.B. #11538 Buffalo, First N.B. #11544 Somerset, Citizens N.B. #11548 Dawson Springs, First N.B. #11890 Stone, First N.B. #11944 Pikeville, Day and Night N.B. #11947 Falmouth, First N.B. #11988 Fleming, First N.B. #12202 Wallins Creek, Wallins N.B. #12243 Harlan, Citizens N.B. #12982 Grayson, First N.B. #13479 Hodgenville, Lincoln N.B. #13612 Harrodsburg, Mercer County N.B. #13651 Glasgow, New Farmers N.B. #13761 Paintsville, First N.B. #13906 Barbourville, Union N.B. #13983 Henderson, Ohio Valley N.B. #14026 Owenton, First N.B. State price and condition. All letters answered BARRY MARTIN #I12, 4646 AMESBURY DRIVE, DALLAS, TEXAS 75206 GEORGIA OBSOLETE & STATE NOTES * * * * * 1.00 Augusta Ins. & Banking, 1861. V.F. $ 7.00 10.00 Augusta Ins. & Banking, 1860. Fine 7.00 20.00 Augusta Ins. & Banking, 1860. V.F. 8.00 2.00 Bank of Augusta, 1861. Unc. 6.00 5.00 Bank of Milledgeville, 1854. V.F. 7.00 10.00 Bank of Milledgeville, 1854. V.F. 8.50 2.00 Mechanics Bank, 1858. Fine 6.00 5.00 Mechanics Bank, 1856. V.F. 6.50 50.00 Mechanics Bank, 1854. V.F. 10.00 5.00 Northwestern Bank, 1861. Fine 8.50 1.00 Bank of State of Ga. 1861. Fine 7.50 2.00 Bank of Commerce, 1861. Fine 7.00 1.00 Farmers & Mechanics Bank, 1860. Fine 8.00 10.00 Farmers & Mechanics Bank, 1860. Fine 8.00 10.00 Merchants & Planters Bk. 1860. Fine 8.00 5.00 Bank of Whitfield, 1860. Unc. 7.00 100.00 State of Ga. 1863. C.6. Unc. 8.00 500.00 State of Ga. 1864. C.20. V.F. 150.00 50.00 State of Ga. 1864. C.22. X.F. 8.00 3.00 State of Ga. 1864. C.28. V.F. 25.00 100.00 State of Ga. 1864. C.21. X.F. 10.00 100.00 State of Ga. 1862. C.1. Unc. 21.00 50.00 State of Ga. 1865. C.31. Unc. 37.00 Many other notes of all kinds in stock. Want lists solicited. RICHARD T. HOMER 9302 P.O. Box 196, Newfoundland, Penna. 18445 SMALL-SIZE MASSACHUSETTS NATIONAL CURRENCY WANTED "WANTED" A "CHOICE" CRISP UNCIRCULATED SET OF 1896 SERIES • #1386 Abington #462 Adams e#4562 Adams #269 Amesbury #11868 Arlington #2172 Athol #3073 Ayer #969 Beverly • #643 Boston #684 Milton-Boston #11347 Braintree #11270 Chelsea #14087 Chelsea #7452 Danvers #1274 Edgarton #7957 Edgarton • #490 Fairhaven #9426 Foxboro • #484 Haverhill #14266 Haverhill • #2618 Hudson #4774 Ipswich e#1329 Lowell #697 Lynn • #1201 Lynn #4580 Lynn #12979 Medford #12800 Methuen e#866 Milford #13835 Milbury #383 Northampton #1279 Northborough • #5964 Pepperell • #1260 Pittsfield • #779 Plymouth #4488 Reading #1049 Amesbury (Salisbury) #934 Southbridge #8150 South Deerfield #2288 Spencer • #2435 Springfield • # 1170 Stockbridge #947 Taunton #688 Waltham #2312 Webster #13780 Webster #421 Westboro 0#769 Whitinsville #4660 Whitman • #11067 Woburn #14033 Woburn "EDUCATIONAL NOTES". • Must be well Centered and Paper Shade Matched in all Three Notes. PLEASE WRITE; STATE PRICE WANTED. ALL LETTERS AND OFFERS WILL BE GIVEN MY IMMEDIATE AND PERSONAL ATTENTION. DO NOT SEND NOTES EX- CEPT UPON MY REQUEST. Those notes with a dot indicate large size notes for trade. JOHN R. PALM 6389 ST. JOHN's DRIVE EDEN PRAIRIE, MINN. 55343 • ROBERT A. CONDO P. 0. BOX 304, DRAYTON PLAINS, MICHIGAN 48020 ANA-LIFE #813; SPMC #2153 BOB MEDLAR LOOK FORt, 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 Weediaiect RARE COINS AND CURRENCY 220 Alamo Plaza San Antonio, Texas 78205 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. # I 177 A.N.A. LIFE MEMBER #1503 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. • CHARLES F. BLANCHARD P. 0. DRAWER 30, RALEIGH, N. C. 27602 OBSOLETE PRICE LISTS 3,000 notes offered for sale : Request one (or more) individual lists : • Southern State Broken Bank Notes, Scrip • Virginia Collection, offered individually • Eastern, Ohio Valley, Midwestern, BBN and Scrip • Fractional Currency and Encased Postage • Confererate Currency and Bonds • Uncut sheets, proof notes, Depression Scrip, Checks-1800's Enclose 13c SASE. Please describe in detail what notes are of interest, which states you collect and condition desired. Always Buying : Ship for offer. DONALD E. EMBURY SPMC 3791 P. 0. BOX 61, WILMINGTON, CA 90748 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 — 020 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 68 WANTED OBSOLETE PAPER MONEY of NEW JERSEY WILLIAM H. HORTON, JR. P. 0. Box 302 Cliffwood, N.J. 07721 201-566-0772 BETTY MEDLAR 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. #6408 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. #6483 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 Wendall, 1st Nat. B. #10893 State price and condition or send for my fair offer. I have many notes in stock as well What do you need? WANTED BY COLLECTOR SMALL SIZE TEXAS NATIONAL CURRENCY #2455 Dallas, City N.B. #2477 Weatherford, First N.B. #2723 Weatherford, Citizens N.B. #2729 McKinney, first N.B. #2909 McKinney, Collin County N.B. #3058 Denison, State N.B . #3159 Sherman, Merchants & Planters N.B. #3212 Waxahachie, Citizens N.B. #3623 Dallas, N. Exchange Bank #3638 Paris, First N.B. #3694 Palestine, First N.B . #3727 Granbury, First N.B. #3762 Hillsboro, Farmers N.B. #3764 Plano, Plano N.B. #3836 Kaufman, First N.B. #3985 Dallas, N.B. of Commerec #3989 Sulphur Springs, First N.B. #4077 Loncview, First N.B. #4166 Abilene, Farmers & Merchants N.B. #4265 Bowie, First N.B. #4278 Athens, First N.B. #4289 Van Alstync, First N.B. #4389 Grandview, First N.B. #4692 Whitewright, First N.B. #4708 Denton, Denton County N.B. #4777 Pilot Pont, Pilot Point N.B. #5015 Wills Point, First N.B. #5325 Saint Jo, First N.B. #5343 Tyler, Citizens N.B. #5409 Mt. Vernon, First N.B. #5511 Mineral Wells, First N.B. #6078 Forney, City N.B. #6140 Mesquite, First N B. #68'76 Ferris, Ferris N.B. # 6476 Abilene, Citizens .NB. # 6915 Whitewright, Planters N.B. # 7140 Garland, Citiztns N.B. # 7144 Lewisville, First N.B. # 7617 Nocona, Farmers & Merchants N.B. • 289 Garland, N.B. of garland # 8204 Rockwall, Farmers N.B # 8402 Saint Jo, Citizens N.B. # 8542 Paris, American N.B. # 8581 Greenville, N. Ex- change Bank • 8891 Canton, First N.B. #10757 Kaufman, Farmers & Merchants N.B. #11749 Dallas, Dallas N.B. #11959 Nocona, Peoples N.B. #12186 Dallas, Republic N.B. #12371 Fort Worth, Texas N.B. #12669 Mineral Wells, State #12708 Grapevine, Tarrant County N.B. #12728 Denison, Citizens N.B. #12734 Mineral Wells, City N.B. #12845 Sulphur Springs, First N.B. #13402 Rockwall, First N.B. #13511 Plano, First N.B. #13516 Waxahachie, Citizens N.B. #13653 Sulphur Springs, First N.B. #13727 Abilene, Citizens N.B. #14236 McKinney, Central N.B. NOW Available! NEW JERSEY'S MONEY by George W. Wait Order through: Publications Department, THE NEWARK MUSEUM, 49 Washington Street, Newark, N.J. 07101 $17.50 to general public $14.00 to SPMC Members Plus $1 handling charge Give SPMC number on order for discount SMALL-SIZE MINNESOTA NATIONAL CURRENCY WANTED State price and condition. All letters answered. BARRY MARTIN #112, 4646 Amesbury Drive, Dallas, Texas 75206 CONFEDERATES, OBSOLETES LARGE TYPES, NATIONALS —BUYING-SELLING-TRADING- My 6 page list of notes for sale is available free for the asking. Many scarce notes are included. Please send me your want list. I have been buying for twenty years and I know the value of nice currency. I will pay more and it will pay you to contact me on one scarce note or a whole collection. I have a special interest in notes issued on Salis- bury, N.C. in both obsolete and nationals, please give me a chance on these notes. I will look forward to hearing from you real soon in what-ever capacity we may deal from listed above and I will promise you complete satisfaction. JAMES A. SPARKS, JR. ANA, SPMC, PMCM P. 0. Box 4235, SALISBURY, N.C. 28144 JOHN R. PALM 6389 ST. JOHN's DRIVE EDEN PRAIRIE, MINN. 55343 WANTED WANTED WANTED CINCINNATI and Oilier Ohio First and Second Charter Notes. I AM INTERESTED IN ALL 19th CENTURY OHIO NOTES. I HAVE A PARTICULAR INTEREST IN ISSUES FROM CINCINNATI AND THE FOLLOWING OHIO CITIES AND TOWNS: BATAVIA MIDDLETOWN BETHEL MILFORD DAYTON OBERLIN GEORGETOWN RIPLEY HAMILTON WILMINGTON HILLSBOROUGH WILLIAMSBURG LEBANON WOOSTER MIAMISBURG XENIA MOUNT PLEASANT PLEASE SHIP NOTES FOR A TOP OFFER OR ASK ABOUT TRADE POSSIBILITIES. WILLIAM P. KOSTER SPMC #3240 ANA #70083 8005 SOUTH CLIPPINGER DRIVE, CINCINNATI, OH 45243 Home: 513/561-5866 Office: 513/271-5100 I NEED SOUTH CAROLINA PAPER MONEY I WANT TO BUY ALL TYPES OF SOUTH CAROLINA PAPER MONEY FOR MY PERSONAL COLLECTION. I Need — PROOF NOTES OBSOLETE BANK NOTES S.C. NATIONAL BANK NOTES CITY, TOWN & PRIVATE SCRIP I HAVE SIMILAR MATERIAL FROM OTHER STATES THAT I WILL TRADE FOR NOTES THAT I NEED. PLEASE WRITE FOR MY DETAILED WANT LIST. I Also Collect — PROOF NOTES WORLDWIDE SPECIMEN NOTES BRITISH COMMONWEALTH VIGNETTES USED ON BANK NOTES COUNTERFEIT DETECTORS BANK NOTE REGISTERS J. ROY PENNELL, JR. SPMC #8 ANA #11304 P. 0. BOX 858 ANDERSON, SOUTH CAROLINA 29621 PROTECT YOUR INVESTMENT! WITH DONLON'S CUSTOM-MADE SUPPLIES RECOMMENDED BY USERS AS "THE BEST!" Some are cheaper. None are better. 10 Pages $4.95 20 Pages $9.50Large Size ACETATE HOLDERS "THE SAFE KIND" Due to inability to obtain correct no glare material we are now stocking clear holders only. Doz. 50 100 500 1000 Fractional, Clear $1.60 $5.95 $10.95 $47.50 $ 90.00 Small Size, Clear 1.60 5.95 10.95 49.50 94.50 Large Size, Clear 1.75 6.95 12.95 59.50 112.50 Large size available in U.S. or Canadian size. CUSTOM-MADE FLIP UP ALBUMS The favorite for large important collections. Vinyl pockets are designed to hold 50 to 100 notes in your acetate holders. Many notes have been dam- aged and oil-soaked by placing them in vinyl without protection of separate acetate holders. Flip Up Albums, Current Size Notes $12.50 Flip Up Albums, Large Size Notes 14.50 DOMESTIC CUSTOM-MADE VINYL PAGES 3 pockets to each page, large enough for holders Current Size 10 Pages $4.45 20 Pages $8.50 PRICES REALIZED DONLON MAIL BID SALE NOV. 10, $1.00 ppd. DONLON CATALOG "U.S. LARGE SIZE PAPER MONEY" 5th ed. Revised and published by A. M. & Don Kagin. $3.95 ppd. WILLIAM P. DONLON Specializing in United States Paper Money 41Embt ANA 4295 LM No. 101 P. 0. Box 144, Utica, New York 13503 Naff5310111q IIMISMnIn ult.!) • IN.