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Table of Contents
0the Ba
Note Issues from
borough, Georgia
by Gary L. Doster
,,,mkkl.Mtkk■
November • December 1977
Volume XVI No. 6
Whole No. 72
Bahamas Government
Treasury Notes of 1868-1869
by Samuel L. Smith
PLUS: John Isted's Historical Vignettes
Signers of the First Issue
ontinental Currency
ph R. Lasser
!MONTHLY PUBLICATION 0
edateg RARE COINS and CURRENCY
(BESIDE THE ALAMO)
220 ALAMO PLAZA
SAN ANTONIO, TEXAS 78205
(512) 226-2311
It pays t O
look closely.
You know that it
pays to look closely
when collecting. It
does when you are
thinking of selling,
too. Since you
collected with such
care, we know you
want to be equally as
careful when selling. At
Medlar's, we take pride in
the fact that we've been
buying and selling currency
for over 25 years. So, we
feel we must be doing
something right for our
many friends and
customers.
WE ARE BUYING:
Texas Currency, Obsoletes and
Nationals, Western States Obso-
letes and Nationals, U.S. and
Foreign Coins. We will travel to you
to examine your holdings, Profes-
sional Appraisals, or as Expert
Witness.
Member of SPMC, ANA, PNG, NLG, CPN
Official Bimonthly Publication of
The Society of Paper Money Collectors, Inc.
VOL XVI—No. 6 Whole No. 72
Nov/Dec 1977
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 publication (e.g., Feb. 1 for March issue, etc.)
SOCIETY BUSINESS & MAGAZINE CIRCULATION
Correspondence pertaining to the business affairs of SPMC,
including membership, changes of address, and receipt of
magazines, should be addressed to the Secretary at P.O. Box
4082, Harrisburg, PA 17111.
IN THIS ISSUE
THE BANK OF GREENSBOROUGH, GEORGIA
Gary L. Doster 325
FIRST ISSUE OF CONTINENTAL CURRENCY AND
ITS SIGNERS
Joe Lasser 330
FIRST NATIONAL BANK OF GAINESVILLE, FLORIDA
Mike Carter 342
THE BAHAMAS GOVERNMENT TREASURY NOTES
1868-1869
Samuel L. Smith 352
HISTORICAL VIGNETTES
John Isted
358
REGULAR FEATURES
PRESIDENT'S MESSAGE
362
SECRETARY'S REPORT 365
MONEY MART 368
SOCIETY
OF
PAPER MONEY
COLLECTORS
INC.
Whole No. 72
PAPER MONEY is published every
other month beginning in January by
The Society of Paper Money
Collectors, Inc.. J. Roy Pennell. Jr..
P.O. Box 858, Anderson, SC 29622.
Second class postage paid at Anderson,
SC 29621 and at additional entry
office, Federalsburg, MD 21632.
(c) Society of Paper Money Collectors, Inc.,
1977. All rights reserved. Reproduction of
any article, in whole or in part, without
express written permission, is prohibited.
Annual membership dues in SPMC
are $10. Individual copies of current
issues, $1.75.
ADVERTISING RATES
Contract Rates
SPACE
Outside
1 TIME 3 TIMES 6 TIMES
Back Cover 548.00 1130.00 1245.00
Inside Front &
Back Cover 45.00 121.00 230.00
Full page 39.00 105.00 199.00
Halt-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; engravings & artwork at
cost + 5%; copy should be typed; $2
per printed page typing fee.
Advertising copy deadlines: The
first of the month preceding month of
issue (e.g. Feb. 1 for March issue).
Reserve space in advance if possible.
PAPER MONEY does not
guarantee advertisements 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 material and publications
and accessories related hereto.
All advertising copy and
correspondence should be addressed to
the Editor.
Page 32 3
Society of Paper Money Collectors
OFFICERS
PRESIDENT
Robert E. Medlar, 220 Alamo Plaza, San Antonio,
TX 78205
VICE PRESIDENT
Eric P. Newman, 6450 Cecil Ave., St. Louis, MO
63105
SECRETARY
Harry Wigington, P.O.Box 4082, Harrisburg, PA
17111
TREASURER
C. John Ferreri, P.O. Box 33, Storrs, CT 06268
APPOINTEES
EDITOR
Doug Watson, P.O. Box 127, Scandinavia, WI 54977
LIBRARIAN
Wendell Wolka, 7425 South Woodward Ave., Apt.
214, Woodridge, IL 60515
PUBLICITY CHAIRMAN
Larry Adams, 969 Park Circle, Boone, IA 50036
BOARD OF GOVERNORS
Larry Adams, Thomas C. Bain Charles Colver, Michael
Crabb, Jr., Richard Jones, Charles O'Donnell, Jr. Roy
Pennell, Jr., George W. Wait, M. Owen Warns, J.
Thomas Wills, Jr. Wendell Wolka.
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 annual meeting
at the ANA Convention in August of each year.
MEMBERSHIP-REGULAR. Applicants must be at
least 18 years of age and of good moral charter.
JUNIOR. Applicants must be from 12 to 18 years of
age and of good moral character. 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. Members who
join the Society prior to October 1st receive the
magazines already issued in the year in which they join.
Members who join after October 1st will have their
dues paid through December of the following year.
They will also receive, as a bonus, a copy of the
magazine issued in November of the year in which they
joined.
PUBLICATIONS FOR SALE TO MEMBERS
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.
Library Services
The Society maintains a lending library for the use
of members 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
Vol. 4, 1965, No. 2 (No. 14) IVO'. 10, 1971, No. 1 (No. 37) information, write the Librarian-Wendell Wolka, P.O.
Vol. 4, 1965, No. 3 (No. 15) Vol. 10, 1971, No. 2 (No. 38) Box 366, Hinsdale, Ill. 60521.
Vol. 10, 1971. No. 3 (No. 39)
Vol. 3, 1966, No. 1 (No. 17) BOOKS FOR SALE: All cloth bound books are 81/2 x 11"
Vol. 5,
Vol. 5,
Vol. 5,
1966,
1966,
1966,
No. 2
No. 3
No. 4
(No. 18)
(No. 19)
(No. 20)
Vol 11,
Vol 11.
Vol 11,
1972,
1972.
1972,
No. 1
No. 2
No. 3
(No. 41)1
(No. 42)
(No. 43)
FLORIDA OBSOLETE NOTES & SCRIP, Freeman . . .
Non-Member. .
$6.00
$10.00
Vol 11. 1972. No. 4 (No. 44) MINNESOTA OBSOLETE NOTES & SCRIP, Rockholt . $6.00
Vol. 6, 1967, No. 1 (No. 21) Non-Member. $10.00
Vol. 6, 1967, No. 2 (No. 22) Vol 12, 1973, No. 1 (No. 45)
Vol. 6, 1967. No. 3 (No. 23) Vol 12, 1973, No. 2 (No. 46) TEXAS OBSOLETE NOTES & SCRIP, Medlar $7.50
Vol. 6, 1967. No. 4 (No. 24) Vol 12, 1973. No. 3 (No. 47) Non-Member. . $12.00
Vol 12, 1973, No. 4 (No. 48) MAINE OBSOLETE NOTES & SCRIP, Wait $10.00
Vol. 7, 1968, No. 1 (No. 25) Vol 13, 1974, No. 1 (No. 49) Non-Member $14.50
Vol. 7,
Vol. 7,
Vol. 7,
1968,
1968,
1968,
No. 2
No. 3
No. 4
(No. 26)
(No. 27)
(No. 28)
Vol 13,
Vol 13,
Vol 13,
1974,
1974,
1974,
No. 2
No. 3
No. 4
(No. 50)
(No. 51)
(No. 52)
NATIONAL BANK NOTE ISSUES OF 1929-1935,
Warns - Huntoon - Van Belkum $9.75
Vol 13, 1974. No. 5 (No. 53) Non-Member, . $12.50
Vol. 8, 1969, No. 1 (No. 29) Vol 13,
1974, No. 5 (No. 54) MISSISSIPPI OBSOLETE PAPER MONEY & SCRIP,
Vol. 8,
Vol. 8,
Vol. 8,
1969,
1969,
1969,
Nu. 2
No. 3
No. 4
(No. 30)
(No. 31)
(No. 32)
Vol 14,
Vol 14,
Vol 14,
1975,
1975.
1975,
No. 1
No. 2
No. 3
(No. 55)
(No. 56)
(No. 57)
Leggett
Non-Member. .
$6.00
$10.00
Vol 14, 1975, No. 4 (No. 58) Write for Quantity Prices on the above books.
Vol. 9, 1970. No. 1 (No. 33) Vol 14, 1975, No. 5 (No. 59)
Vol. 9, 1970, No. 2 (No. 34) Vol 14, 1975, No. 5 (No. 60) ORDEIZING INSTRUCTIONS
Vol. 9, 1970, No. 3 (No. 35) 1 Give complete description Lx all items ordered.
Vol. 9, 1970, No. 4 (No. 36) Index Vol. 1-10 51.00 2 Total the cost of all publications ordered. -
The Society of Paper Money Collectors, Inc.
P. 0. Box 858, Anderson, S.C. 29622
.3.ALI_ publications are postpaid except orders for less than 5 copies oI Paper
Mu,c y .
4. Enclose payment (U.S. Muds 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 (or delivery. We hive no control or your package after
we place it in t Ile 11 -111 ilS.
Page 324 Paper Money
Whole No. 72 Page 325
Figure 1. Genuine note of first issue with hand-written
signatures, dale and serial number.
THE BANK
GREENSB by Gary L. Doster
"This old 'wildcat' bank was chartered in 1856, operated
until November, 1857; folded its tent and its owners fled
between suns. They carried their printing outfit with them
and flooded the country with worthless notes." So wrote
Dr. Thaddeus Brockett Rice in History of Greene County
Georgia 1786-1886. However, the story of the Bank of
Greensborough (Ga.) is not quite so simple.
The bank did have its beginning in 1856. According to
The Statutes of the State of Georgia 1856, the Bank of
Greensborough, along with 21 other banking institutions,
was issued a charter in Georgia that year. There was no
newspaper in Greensborough at that time, but a legal notice
in The Temperance Crusader in the nearby town of Penfield
further substantiated the birth of the bank. The following
notice appeared in the October 11, 1856, issue of the
weekly paper:
Bank of Greensboro'
The capitol stock of said bank having been
subscribed, the Stockholders are herby notified to meet
at Greenesboro on Saturday the 25th of October inst.,
for the purpose of electing a Board of five Directors for
said Bank, and other such Officers as may be necessary
and proper for the organization of said Bank agreeably
to the provisions of its charter. Issac Morrison, W.L.
Strian, George 0. Dawson, Jas. L. Brown, Y.P. King,
Francis H. Cone, F.C. Fuller.
Two days after this meeting the first notes issued by the
bank appeared bearing the hand-written date of October
27, 1856 (Fig. 1). Denominations included $1.00, 2.00,
5.00, and 10.00 notes with the denominations overprinted
in large, red, block letters. Six months later a second issue
was emitted identical to the first except for the written
date of May 2, 1857.
Things looked prosperous, but, like so many banks of
the time, its days were numbered. On October 15, 1857,
five months after the second issue of currency, and almost
exactly one year after the bank's inception, the following
news item appeared in The Temperance Crusader:
The Greensboro' Bank
Amid the almost universal suspension and crash of
Banking Institutions, the above "wildcat" concern, on
Thursday night last, broke too and has not been heard of
since.—The whole concern left under the cover of night
at Railroad speed, and we guess either their exchange (of
climate) is not yet suspended. We do not think they had
a great many notes in circulation in this section nor in
this State. Attachments have been levied on all the
furniture which they left, but it will not amount to a
great deal we presume.
Dr. Rice's data in his Greene County history would
suggest that the hank was destined to fail from the
beginning. According to him the original charter of the
Page 326
bank bore the names of some of Greensboro's finest
citizens but some of these men died about the time the
charter was issued and they never actually opened the bank.
None of the gentlemen who actually did open the bank
were supposed to be natives of Greensboro, but were said
to be adventurers from somewhere in "Yankeeland." They
reportedly were looking for an opportunity and upon
hearing the charter had been issued, came to Greensboro
and bought or otherwise acquired the charter, and
proceeded to open and operate the bank.
Greene County legal records of October, 1857, show
that James L. Brown filed a writ of attachment against the
bank for rent past due in the amount of $37.50. The
property of the bank was seized and the next six
consecutive weekly issues of The Temperance Crusader
carried the following legal notice:
Greene Sheriff's Sale
Will be sold before the Court House door in the City
of Greenesboro' on the first Tuesday in December next,
between the legal hours of sale the following property
to-wit: One marble top Wash Stand and contents, One
Bowl and Pitcher, One Water Bucket and Cocoa Dipper,
One Round Table and Cover, One French Beadstead,
Two Mattresses, two Pillows, one Bolster and one lot
Bed Clothes, One Bureau, Looking Glass and contents,
One C.C. Chamber, One Rocking Chair, Six Cane
Bottom Chairs, One Iron Safe and contents, One Pr.
Shovel and Tongs, One Pr. Andirons, One Box and
contents, One Tin Lamp, One Foot Tub, One Pit Box,
Two Desks, One Broom and Foot Matt, One Carpet, all
levied on as the property of the Bank of Greenesboro' to
satisfy a Distress warrant in favor of James L. Brown.
Property pointed out by plaintiff.
Greenesboro', Oct. 15, 1857. C.C. Norton, D. Sheriff
The story would appear to end here, but instead takes an
interesting turn. Charles C. Norton, the Deputy Sheriff who
executed the sheriff's sale somehow got into the banking
business. His name disappeared from legal notices in the
Paper Money
newspaper and County Court records, and it is assumed he
quit law enforcement. It is not clear what transpired
between the closing and reopening of the bank, but a legal
notice in the June 3, 1858, issue of The Temperance
Crusader read as follows:
Bank of Greenesborough
Statement of the Bank of Greenesborough at the close
of Business on Saturday the 15th day of May, 1858.
Assets:
Notes discounted, $41,187.50
Plates, Books & Stationery, 1,000.00
Cash on hand, 7,500.00
Due from other Banks, 12,500.00
Expenses for Salaries, &c. 352.75
Office Furniture 175.00
$62,715.25
Liabilities:
Capital Stock Subscribed,
$200,000
25 per cent. paid in $50,000.00
Circulation, 10,599.00
Profit, 2,116.25
Due to Depositers, 000.00
$62,715.25
Stockholders:
E. Keach,
800 Shares at $100, $80,000
F. W. Perry, 545 Shares at $100, 54,500
R. B. Wight,
235 Shares at $100, 23,500
Wm. Keach,
400 Shares at $100, 40,000
H. B. Godard,
20 Shares at $100, 2,000
$200,000
Georgia, Greene County:
Personally appeared before me, H.B. Hodard,
President, and Chas. C. Norton, Cash. of the Bank of
Greenesborough, and made oath that the foregoing
Figure 2. Note issued by Norton and Keach with handwritten signatures, date and serial number.
Whole No. 72
statement from the Books of the Bank is just and true,
to the best of their knowledge and belief. Sworn to and
subscribed before me, 17th May, 1858.
A. L. WILLIS, J. I. C.
H. B. Godard, President,
C. C. Norton, Cashier.
An issue of bank notes appeared bearing hand-written
signatures of former Deputy Sheriff Norton and the major
stockholder, E. Keach, along with written serial numbers,
and various dates of May, 1858 (Fig. 2). Another issue
closely followed the next month, but with printed
signatures, serial numbers, and the printed date of June 1,
1858 (Fig. 3). Both of these issues included $1, $2, $5 and
$10 notes, and had the denomination overprinted in large
blue block letters.
This second birth of the bank apparently was short-lived,
however, as there are no further issues of genuine notes
known from the bank, and records show that Deputy
Norton resumed his legal duties with the county a few
months later. His name began re-appearing in the legal ads
of The Temperance Crusader with the issue of September
30, 1858.
Again it would appear that our story has come to an
end; but not so. Next come the apparently fraudulent notes
of J.H. and O.S. Stevens. In his Greene County history, Dr.
Rice identified them as brothers from the State of Maine.
He stated that they apparently came into possession of the
plates of the notes on the now defunct Bank of
Greensborough and issued bogus bills over a large area of
the country. These notes bear their printed signatures,
printed serial numbers, and the printed date of December
7, 1858 (Fig. 4). Like their genuine predecessors, they were
printed in denominations of $1, $2, $5 and $10, but there
was no overprint of the respective denomination.
There is some question as to whether the notes issued by
the Stevens' were actually fraudulent or simply a further
attempt to revive the bank. There is also some questions as
Page 327
to whether they actually acquired the plates of the notes, as
it is generally understood that the printers of currency of
the time did not allow the plates of notes they printed
to leave their possession. It will be noted, however, in the
above financial statement of May 15, 1858, that the bank
listed among its assets, "Plates, Books, & Stationery—
$1,000.00." It is thus obvious that the bank did have the
plates and therefore the Stevens' could have gained
possession of them. It is also quite possible that after the
bank's last closing, they could have simply acquired any
sheets of unissued remainder notes and added the printed
signatures, numbers, and dates. Uncut sheets of this issue
exist and of all the notes known, these counterfeits by the
Stevens brothers are by far the most common.
Altered notes of the Bank of Greensborough are known
from the Clinton Bank, Clinton, Connecticut ($1), and the
Cambridge City Bank, Cambridgeport, massachusetts ($5).
An amusing anticlimax to the story occurred during the
depression in 1930 when a Chicago bank sent a $5 Bank of
Greensborough Note to the present Bank of Greensboro
concerning any current value the note might have. The
bank asked Dr. T.B. Rice, County Historian, to respond to
the inquiry. His reply was as follows:
We thank you for sending us the $5.00 note issued by
the Bank of Greensboro on December 7, 1858 for
redemption.
We are not disposed to figure the compound interest
on the amount, but straight interest for 72 years at 8%
per annum to $28.80, and the face value of the note
being $5.00, brings the total up to $33.80.
We do not believe in being close and stingy in a
transaction of this kind, therefore we are going to show
you how liberal we Greensboro people are, by enclosing
you 1-$100.00 bill, 1-$20.00, 1-$10.00 and 1-$5.00,
making a total of $135.00 in full payment of the $5.00
note that you sent us.
We interpret the pictures on the note that you sent us
to mean that the Bank at taht time had some sheep to
Figure 3. Note issued by Norton and Keach with printed signatures, date and serial number.
Page 328
Paper Money
Figure 4. Apparent fraudulent note issued by the Stevens brothers with printed signatures, date and serial number.
shear, lots of timber to cut, and corn to gather. And the
assumption is that these items were the Security offered
to him who accepted the note.
From the best information we can gather, there was a
man by the name of Sherman, who passed through this
part of the country soon after this note was issued and
gathered up the sheep and corn to feed his army. The
timber was cut into lumber to build houses. And the
a-fore-said Sherman came along and burned the houses
after he had "sacked" their contents. And we have an
idea that one of his soldiers found this note among other
things that he "salvaged" before applying the torch. Had
Mr. Sherman not been so careless with fire on his famous
march, the Bank might have realized on the assets
depicted on its notes, and retired them long ago.—
To be serious, the note that you sent us is of no
value, as the Bank that issued it ceased to function
during the War Between the States. The present Bank of
Greensboro has no connection with the bank of the
same name that existed at that time.—
We would like to keep the note you sent us as a
souvenir, but unless you are perfectly willing for us to
have it, we will return it.
You may keep the Confederate bills that we enclose
whether you accept them in exchange for the note that
you sent or not, as the writer has more of them (face
value) than he has in the coin of the realm under the
present regime.
We greatly appreciate your sending us the $5.00 note.
Also your courteous letter making inquiry about its
value etc.
Yours very truly,
T.B. Rice
Appreciation is extended to the following individuals for
loaning notes and furnishing information: Charles J.
Brockman, Herbert Eccleston, Mack Martin, Gene Massey,
Claud Murphy, Jr., A.F. Nader, and Chuck Straub. Special
thanks to Miss Donna E. Wood for typing the manuscript.
REFERENCES
Mascalus, John A. 1973. Altered Bank Notes. Bank Note
Reporter. Vol. 1, Nos. 5, 6, 8.
Rice, T.B. 1961. History of Greene County, Georgia,
1786-1886. Edited by Carolyn White Williams. J.W.
Burke Company, Macon, Georgia. Pp. 456-459.
Greene County Inferior Court Proceedings. June, 1857, to
June, 1864. Record Book Q. Pp. 135-137.
The Temperance Crusader (weekly newspaper). 1856-1858.
Penfield, Georgia.
MEDLAR HONORED
Our Society can take pride in the fact that the second
highest honor the ANA awards was bestowed on our
president, Bob Medlar at the Atlanta ANA Convention held
Friday, August 26th, Bob was called from his bourse table
to the Awards Meeting, ostensibly to assist in a paper
money award. Instead, he was presented the ANA Award of
Merit by outgoing ANA President, Virgil Hancock.
He is the second SPMC Member to receive this award,
Aubrey Beebee having received it several years ago.
We can all take pride in this award as Bob states his
recognition stemmed, in part, from the direction and fine
cooperation all members have rendered the Society to make
it pre-eminent in the hobby of numismatics.
SHOW DATES ANNOUNCED
The International Paper Money Show will be held June
2, 3, 4, 1978 at the Holiday Inn-Rivermont in Memphis,
Tennessee.
More information will be printed in Paper Money as it
becomes available.
Whole No. 72 Page 329
RARE UNCUT SHEETS
Superb Crisp New Sheets. Put Your Collection in the Blue Ribbon Class with these Potential "Best of Show" Winners,
Both Specially Priced:
1935-D $1 Silver Certificate Sheet (12). Clark/Snyder. Of the 100 Sheets that were issued, Chuck O'Donnell's 6th Ed.
Records only 37 Sheets reported. Lists $1,300.00 SPECIAL 995.06
1928-G $2 Legal Tender Sheet (12). Clark/Snyder. O'Donnell's 6th Ed. Records only 20 Sheets although 100 were
issued. Over the Years many Sheets were Cut up. This Splendid Sheet Priced at 1,295.00
SPECIAL - This Super Pair of Uncut Sheets 1 995.00
Priced. Ask for our Bargain Lists Inc.
Books & Accessories @ DISCOUNT
Prices).
Regular Sets Star Sets
1963 . . .(12) 27.75 (12) 30.75
1963A . .(12) 25.75 (12) 27.75
1963A . .( 5) 11.75 ( 4) 10.75
1969 . . .(12) 20.75 (12) 27.75
1969A . .(12) 19.75 (11) 26.75
1969B . .(12) 19.75 (12) 23.75
1969C . .(10) 17.75 ( 9) 27.75
1969D . .(12) 18.75 (11) 21.75
1974 . . .(12) 18.75 Soon Write
All Above (99) 174.75 (83) 189.75
Any Above Set - with Last Two Nos.
Matching add $2.00 per Set.
RARE EXPERIMENTAL ISSUE
MATCHED NUMBERED SETS
1935A $1 Special Issue-Red "R" & "5" + All Sets with the Same Identical Last Two
The Last Two Serial Nos. Match. Nos. Prices NET:
Superb Crisp New Now Rare . 249.50
1963/1974 All 9 Sets NET 208.50
Similar Pair-Crisp New But not quite as 1963/1969-D All 8 Star Sets (83)
well centered 219.50
NET 212.50
SUPERB
STAR NOTES WANTED
$2 BI-CENTENNIAL SET
Packs (100) 1969C $1 Dist. 12: 1974 S1
The Last Two Serial Nos. Match on all 12
Dists. 1, 3; 1976 52 Most Dists.
Districts-Crisp New Postpaid . . 32.50
(Packs 100 or Less). Call or Write.
BOOKS "IN THE SPOTLIGHT"
Save $$$'s on Books .= Special 15% Discount (orders $20 or more (Except where Shown
NET). Add 75¢ on Book Orders (Over $50 add $1.00 SASE for our BIG Book Lists (Over
100 Diff. Titles).
$1 FEDERAL RESERVE
SETS SALE
Superb Crisp New Complete Sets. 10%
Discount on Orders over $200.00
(All Other Notes NET = Attractively
MIS-MATCHED ERROR
NOTE
1957B $1 Silver Certificate = Serial Nos.
start with U37 & U47. A Crisp New
Gem Note 49.50
Same = in Lucite Holder (with title) 55.00
DeLorey/Reed's "Price Guide for
Collectors of Modern U.S. Paper
Money Errors" 124 pages, Illus'd.
Values Ppd. at only 3.25
CONFEDERATE
CURRENCY
$10 "Ceres Reclining on Cotton Bale"
Ty-46, Fine 8.95
$10 "Colombia, S.C. State Capitol"
Ty-52. AU S5.95 ; CN 9.75
$2 "Judah P. Benjamin" Ty-54, AU 19.50
$100 "Lucy H. Pickens" Ty-56 . . . 29.75
$50 "Jefferson Davis" Ty-57 . . . . 27.50
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iw
ELLERS
The First Issue of Continental
Currency and Its Signers
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Whole No. 72 Page 331
When the second Continental Congress assembled in
Philadelphia on May 10, 1775, delegates from 11 colonies
were present. By May 15, Rhode Island and Georgia were
also represented. The battles of Lexington and Concord had
taken place; an English army was facing Boston and sizeable
British forces were expected to sail into New York shortly.
Clearly, the irreconcilable break between Great Britain
and its American colonies had taken place; even though, for
a short time, Congress continued to try to smooth
British/American relationships. On May 25, Congress
expressed its sentiments: "We most ardently wish for a
restoration of the harmony" and resolve that "an humble
and dutiful petition be presented to His Majesty." But the
tide toward war moved rapidly. On June 9, Congress openly
began ordering supplies for the Continental Army in the
Massachusetts Bay Colony and on June 14, it resolved to
raise six companies of riflemen in Pennsylvania, Maryland
and Virginia to go to the aid of the army.
Wars must be financed, and as early as June 10, the New
York Continental delegation wrote to its provincial
congress "We may venture to hint to you that the emission
of paper money will be discussed on Monday (June 12) and
we expect to be able to present you with a determination
of this important business which will free us from much
anxiety." On June 17, James Duane, a New York delegate,
again wrote to the New York Provincial Congress saying
"The General Committee of the Whole Body (The
Continental Congress) have reported a resolution to emit, in
Continental paper currency, a sum not exceeding the value
of two millions of Spanish dollars."
On June 22, the resolution was passed and Continental
Currency came into being. The following day, Congress
approved the number of bills to be issued in denominations
of $1 through $8 and $20. Then, almost a month passed
and on July 21, Richard Bache, Benjamin Franklin's
son-in-law; Stephen Paschall, another Philadelphian and
Michael Hillegas, who later was to become Treasurer of the
Continental Congress, were appointed superintendents of
the currency press. Four days later, an additional $1 million
of $30 bills was authorized.
On that date, July 25, twenty-eight Pennsylvanians were
appointed to sign the new Continental Currency, because
the signing of the bills would "take more time than the
members (of Congress) can possibly devote to that business,
consistent with the attention due to the public service."
Who were these men? Why were they selected? Were
they simply minor functionaries fulfilling a clerical
requirement? Or were they more than that? Were they
substantial citizens, well-known in the community? After
all, the job of signing currency was important and could be
dangerously abused.
Numismatic literature has paid virtually no attention to
this aspect of Continental Currency. The few references
extant have characterized the first signers as Philadelphia
merchants, a neat general classification with no further
specific identification except for the two members of the
Continental Congress in the group, and a so-called Tory
minister. The remaining 25 men have previously only been
autographs on pieces of currency. Even the Journals of the
Continental Congress do not give careful attention to the
appointees. The names of seven of them are either
misspelled or inaccurately recorded.
Quite probably, however, the Continental Congress
employed logical criteria in selecting men to sign currency.
Only a fraction of our Colonial forefathers were literate and
the city of Philadelphia had only approximately 23,000
inhabitants in the 1770s, thus making available a rather
limited number of people who possessed a basic
requirement—the ability to write their names. Obviously,
the prospective signers also had to be sympathetic to the
Colonial cause. And, if the men who signed the currency
were men of some prominence and substance, the currency
thereby might become more readily acceptable. Finally, if
the signers were well-known in commercial circles as
merchants and traders, then other merchants in the
community would be more likely to accept the new notes
in business transactions.
Research into the careers of the 28 signers supports this
deductive reasoning. Twenty were merchants, shipowners
or traders; three were industrialists; two were ministers and
one was primarily a lawyer.
Eighteen of the group saw combat service, non-combat
service or both during the Revolutionary War. No war
records are available on five; two died in 1776 before they
had an opportunity to serve and only three—two of whom
were ministers—did not participate in military activities.
Unfortunately, history has characterized one of the
ministers, Thomas Coombe, as a Tory renegade. However,
any inquiry into the awkward personal moral and ethical
position of Anglican ministers during the revolution evokes
a much more sympathetic appraisal.
Neither Thomas Coombe nor Thomas Barton, Jr., the
other Anglican minister who signed the May 10, 1775,
issue, felt they could in good conscience take the oath of
allegiance to the United Colonies. In their ordination vows
they not only had pledged loyalty to the Anglican church
but also to the King. As a consequence, taking the oath of
allegiance could be considered a disaffirmation of their
ministerial vows.
In 1776, Coombe was forced to give up his assistant
ministership at Christ Church, a major new church in
Philadelphia. He was arrested prior to the British
occupation of Philadelphia and in 1778 fled via New York
to London where he eventually became Chaplain in
Ordinary to the King, and a friend of Sir Joshua Reynolds,
Samuel Johnson and Oliver Goldsmith.
Thomas Barton, Jr., who has been given less historical
attention, apparently experienced even greater personal
difficulty. Barton was chaplain on the disastrous French
and Indian War Braddock expedition to Fort Duquesne in
1755—where young George Washington, Braddock's
aide-de-camp, distinguished himself by saving many
soldiers' lives in covering the retreat of the troops. From
1759 to 1778 Barton served in ministries in Lancaster
County, Pennsylvania, even though American patriots
forced him to close his churches in 1776. In 1778, Barton,
like Coombe, fled to New York where he died in 1780.
A final note of the stress felt by the Anglicans during the
Revolution seems warranted. Although they represented a
sizeable portion of the colonial community, especially in
Pennsylvania, by 1776 when the third Continental Congress
met; only one Anglican, William Whipple, remained as a
Signers of May 10, 1775
Pennsylvania Navy Board, 1777.
Committee of Correspondence, 1774-5.
Fled to New York, 1778.
Died, 1780.
Member Continental Congress, 1785-7.
Speaker Pennsylvania General Assembly.
Colonel 2nd Regiment Philadelphia Volunteers, Sons of
Liberty.
Barclay, Thomas Merchant
Barton, Thomas, Jr. Anglican
Minister
Bayard, John Merchant
Volunteer Philadelphia Dragoons.
Loan Officer for 1777 Continental Loan, Philadelphia
County.
Lieutenant Colonel 5th Philadelphia Battalion.
Commissioner of Claims of Treasury.
Pennsylvania General Assembly, 1782.
Fled to New York, 1778.
Appointed Chaplain in Ordinary to King, 1794.
Philadelphia Minute Man May 22,1775.
Director and Manager Philadelphia Almshouse, 1776.
Philadelphia Justice of the Peace Oct. 2,1888.
Commissioner Port of Philadelphia, 1750.
Sheriff of Philadelphia County, Oct. 3,1771.
Died, Jan. 1,1776.
Early shareholder, Bank of North America.
Ensign in Chief 1st Battalion of City of Philadelphia,
May 10,1775.
Member, Council of Safety.
Member Pennsylvania General Assembly, 1784.
Delegate, Provincial Convention July 15,1776.
Trustee, University of Pennsylvania, 1791.
Bunner, Andrew Merchant
Clymer, Daniel
Lawyer
Coombe, Thomas Angelican
Minister
Craig, William Landowner
Foulke, Judah Merchant
Hazlehurst, Isaac Merchant
Jackson, William Merchant,
Landowner
Jones, Robert Strettell
Kuhl, Frederick Merchant
Lawrence, Thomas (III) Merchant City (Philadelphia) "Vendue Master", 1776.
Lewis, Ellis Merchant
Died, early 1776.
Lewis, Mordecai
Merchant, Member, Fellowship Fire Company.
Shipowner An initial Stockholder, Bank of North America.
Continental Currency
Mease, John Shipping Member Philadelphia 1st troop of cavalry.
Merchant
Admiralty Surveyor, Port of Philadelphia, 1796-1826.
Meredith, Samuel
Merchant, then Brigadier General, Pennsylvania Colonial Assembly.
Civil Servant
U.S. Treasurer, 1789-1801.
Mifflin, George
Merchant Deputy to Provincial Convention, 1775.
Paymaster Pennsylvania 5th Battalion, early in war.
Milligan, James
Merchant
Delegate, Provincial Convention, January, 1775.
Auditor General for Pennsylvania, Feb. 15,1781.
Morris, Anthony, Jr. Merchant & Major, Philadelphia Light Horse troop which served as
Senior Washington's Bodyguard in Campaign of 1776-7.
Shipowner Died, Jan. 3,1777.
Morris, Luke
Morris, Samuel Tanner, Lawyer,
Merchant
Nesbitt, John Maxwell Merchant,
Businessman
Port Warden for Philadelphia, 1778-83.
Director, Hand-in-Hand Insurance.
Founder of Pennsylvania Hospital, 1751.
Vice-President, Council of Safety, 1776.
Member, Board of War, 1776.
Councellor of the State, 1776.
Captain of Philadelphia Militia.
Paymaster Pennsylvania Navy, 1775-1778.
Treasurer, Pennsylvania Board of War.
Enlisted City Troop, 1777.
Bank of North America Founder.
Insurance Company North America, First president and
founder.
Read, James Merchant Paymaster, Pennsylvania Fleet.
or Trader Member Navy Board, 1780.
Colonel of Pennsylvania Line.
Director, Bank of North America.
Director, Insurance Company of North America.
Member 1st City Troop of Philadelphia.
Roberts, Robert, Jr. Member 1st City Troop of Philadelphia.
Shee, John Merchant Committee of Correspondence, 1774-5.
Colonel 34th Battalion Pennsylvania, 1776.
Board of War, 1777.
Treasurer of City of Philadelphia, 1790-97.
Sims, Joseph, Jr. Merchant
Tuckniss, Robert Trader Indian Commissioner of the Province of Pennsylvania,
1750s.
Page 334
congressional delegate. Others who had served in the earlier
congresses apparently could not bring themselves to carry
on a war with their mother country.
Quaker patriots also were confronted with a difficult
personal decision—that of bearing arms. It is impressive
therefore to find that six of the signers of the May 10,
1775, issue can be identified as Quakers and that four of
them saw military service.
Three Quaker signers were members of the Morris family
of Philadelphia, representing three different generations of
this distinguished lineage. Luke Morris was a member of the
second generation of the American Morrises and a brother
of the Anthony Morris who had been mayor of Philadelphia
in 1738. A prosperous and prolific family, Luke and
Anthony II were part of a family of 15 children of
Anthony Morris who had been a successful brewer,
merchant and iron manufacturer. Luke was a merchant, a
director of one of the earliest American insurance
companies and a founder and active contributor to the
Pennsylvania Hospital. During the Revolution, Luke held
the post of warden of the Port of Philadelphia in 1778 and
1779.
Luke's nephew, Samuel, a son of Mayor Anthony, was a
merchant, tanner and later member of the Philadelphia bar.
As early as 1752, Samuel participated in public service as
sheriff of Philadelphia county. In 1755 he became a
member of the common council of Philadelphia and in
1756 was appointed a commissioner by the Society of
Friends (Quakers) to negotiate a treaty with the Indians at
Easton, Penna. During the revolution, he was a member of
the council of safety and board of war in 1776 and 1777,
also a Councillor of the State in 1776. In his civilian career,
he was a founder of the Pennsylvania Hospital, an organizer
of the Bank of Pennsylvania and a Trustee of the University
of Pennsylvania from 1779 until his death in 1782.
The sacrifice made by many Quakers who actively joined
the American cause is demonstrated in Samuel's life: he was
disowned by the Society of Friends for his participation in
the Revolution.
The youngest member of the Morris family signers was
Anthony Morris, Jr., a nephew of Samuel and son of the
third American Anthony Morris. Anthony Jr. was a
prominent young businessman and socialite prior to the
war. Born in 1738, he acquired his grandfather's mansion
house and brewing operations in 1775 from other legatees
in his grandfather's will. He was a member of the
Gloucester Fox Hunting Club, and more importantly, a
member of the Friends of Schuylkill, an elite club of
country estate owners who, in the early months of the
Revolutionary War formed the Philadelphia Light Horse
Troop. Anthony rose rapidly in the troop from ensign to
major, a substantial accomplishment in view of the fact that
the troop was regarded so highly that it served as General
Washington's bodyguard in 1776 and 1777. Regrettably,
Anthony Jr. was mortally wounded at the battle of
Princeton and died January 3, 1777.
Two of the May 10, 1775, signers, John Bayard and
Samuel Meredith, ultimately became members of the
Continental Congress.
John Bayard was a scion of an old American family. His
great-great-grandfather had married a sister of Peter
Paper Money
Stuyvesant and emigrated from Amsterdam to New York
when Stuyvesant became governor in 1647. John Bayard
was born in Maryland on August 11, 1738. At age 18, he
moved to Philadelphia to pursue a commercial career and
quickly became a leading merchant. Very active in patriot
causes, Bayard signed the Non-Importation Agreement of
1765, joined the Sons of Liberty shortly after its
organization 1766, and supplied arms to Congress and
outfitted privateers during the war. Appointed Colonel of
the Second Philadelphia Regiment in 1775, he fought at
Brandywine, Germantown and Princeton in 1776 and 1777.
In March, 1777, Bayard became speaker of the
Pennsylvania Assembly and was re-elected to that office in
1778. In 1785, he was elected to the Continental Congress
as a Federalist. Following his term, he moved to New
Brunswick, N.J., and became mayor of the town in 1790.
Samuel Meredith had a similarly distinguished career.
Born in Philadelphia in 1741, the son of a prominent
Philadelphia merchant, Meredith became an active patriot
before the Revolutionary War, possibly being influenced by
his personal friendship with George Washington. In 1775,
he entered military service as a major of the Third
Pennsylvania Battalion and ultimately rose to Brigadier
General on April 5, 1777, receiving the appointment for
gallantry at the battles of Brandywine and Germantown. He
held a number of significant civilian posts, being twice a
member of the Pennsylvania Colonial Assembly and a
member of the Continental Congress in 1787 and 1788.
Unquestionably most importantly, he was the first
Treasurer of the United States under the Constitution,
remaining in office from 1789 to 1801, after which he
returned to Wayne County, Penna., where he died February
10, 1817.
A less-well-known signer, John Shee, also had a
distinguished and active military career. Born in Ireland,
Shee sailed to America in 1742 or 1743 with his father who
became an important merchant. By 1770, John became a
partner of Richard Bache, Benjamin Franklin's son-in-law.
Well before the outbreak of war, Shee was visibly quite
disturbed concerning British/American relationships.
During 1774 and 1775, he served on the Committee of
Correspondence of Philadelphia. With the start of
hostilities, he became a captain of the Third Battalion of
Philadelphia. Less than a year later, on January 3, 1776, he
was elevated to the rank of colonel of the battalion. On
April 4, 1777, he was appointed a member of the Board of
War of Pennsylvania, the equivalent of our present military
departments in the U.S. Cabinet. Following the Revolution,
he was treasurer of the City of Philadelphia from 1790 to
1797 and, late in life, served as collector of the Port of
Philadelphia, an appointment made by President Thomas
Jefferson in 1807.
James Read, who was the younger brother of George
Read, a signer of the Declaration of Independence, had an
even wider-ranging career. Early in the Revolutionary War,
he became a first lieutenant in the First Philadelphia
Battalion and participated in the battles of the crossing of
the Delaware, Trenton, Princeton and Brandywine. For
gallantry in these engagements he was promoted to colonel.
Because of his exceptional abilities, he was appointed one
of three Congressional Navy Commissioners on Nov. 4,
Whole No 72
1778, and performed these duties so impressively that on
Jan. 11, 1781, he was given sole power to conduct the Navy
Board, thereby, in effect, becoming the Secretary of the
Navy of the Continental Congress. Read's activities were
not limited to military pursuits alone. A successful
businessman, he was a director of the Mutual Assurance
Company Against Fire, The Insurance Company of North
America and for 18 years was a director of the Bank of
North America.
Daniel Clymer was a member of two distinguished
Philadelphia families. The son of William Clymer and Anne
Roberdeau, Daniel was brought up by his uncle, General
Daniel Roberdeau, following his father's early death. A
Princeton graduate, he became Lieutenant Colonel of the
Second Battalion of the Philadelphia militia in 1776 and
served as Deputy Commissioner General of Prisoners for the
Continental Army from December 12, 1777, until 1781, in
addition to acting as Commissioner of Claims of the
Continental Treasury. Following the war, he resumed the
practice of law and represented Berks County in the
Pennsylvania State Assembly in 1782. Daniel's cousin,
George Clymer, the only child of Christopher Clymer,
achieved great distinction during the Revolutionary period.
A signer of the Declaration of Independence, George was
also Treasurer of the United Colonies and a delegate to the
Constitutional Convention of 1787.
Frederick Kuhl was an active merchant and grocer in
Philadelphia from at least 1752 until 1807. His general
ledger which still exists is filled with the names of
prominent colonial families who bought all types of goods
from him, ranging from nails and glass to flour and wine.
During the Revolution, Kuhl served on the Committee of
Inspection in 1775, was a member of the Council of Safety
and a delegate to the Provincial Convention to frame a new
constitution for Pennsylvania in 1776. After the war, Kuhl
continued to serve the community as a member of the
Pennsylvania Assembly in 1784 and as a trustee of the
University of Pennsylvania, appointed in 1791.
In addition to his significant wartime service, John
Maxwell Nesbitt unquestionably was one of the most
important businessmen in Philadelphia during the latter
part of the 18th Century. Nesbitt became paymaster of the
Pennsylvania Navy in September, 1775, and later was
appointed Treasurer of the Pennsylvania Board of War.
Sensitive to the financial problems and requirements of
both the military and civil aspects of the war, Nesbitt
joined Robert Morris, John Nixon and George Clymer in
forming the Bank of North America in 1781. He became a
director of the bank upon its formation and remained on its
board until 1792. Following his directorship at the Bank of
North America, Nesbitt founded the Insurance Company of
North America and was its first president from 1792 to
1796.
John Mease, who is remembered in history as "the last
of the cocked hats," was a shipping merchant who was
brought to America by his father in 1754 at the age of
eight. Shortly after the start of hostilities in 1775, Mease,
by that time a young businessman, became a member of the
First Troop of the City Cavalry of Philadelphia. He
rendered distinguished service and was one of 24 men who
Page 335
crossed the Delaware with Washington on Christmas Day
1779, and was one of the five Continentals that kept alive
the fires along the line of the American encampment at
Trenton, in order to permit the patriots to attack the
British rear guard at Princeton. Well after the war, in 1796,
Mease was appointed Admiralty Surveyor of the Port of
Philadelphia, and because he continued to wear the
three-cornered hat of the Revolution, he was given his
unique nickname. Mease remained in his surveyor's post
Until his death in 1826.
No survey of the signers of May 10, 1775, issue can
properly omit the Quaker shipowner, Mordecai Lewis.
Philadelphia was a major American shipbuilding and
shipping center and Mordecai Lewis was extremely active in
maritime pursuits prior to and during the Revolution. He
was owner and part owner of several vessels including the
brig, Sally, built in Philadelphia in 1774 and the ship, Bisset
(also partly owned by Samuel Meredith) built in
Philadelphia in 1769. Lewis obviously was strongly
conscious of his community responsibilities even though he
did not bear arms. He was a member of the Fellowship Fire
Company of Philadelphia and also Treasurer of the
Pennsylvania Hospital, a post held by his descendents for
three succeeding generations.
Historical records disclose basically similar biographies
of varying degrees of distinction of the other 14 signers. A
common thread is evident in the lives of all 28 men. They
served their community and nation with the best of motives
according to the dictates of their consciences.
Predominantly of English, Irish and Welsh stock like most
of their countrymen, at first their gestures of dissatisfaction
took the form of peaceful protest. Ten of the May 10,
1775, signers are among the Philadelphians who signed the
1765 Non-Importation Agreement. Eighteen, as previously
indicated, saw military service. Fourteen held political
offices at some time during their lives and a number of the
May 10, 1775, signers clearly were important figures in the
commercial life of Philadelphia. Their significance to the
city is symbolically set forth in the OCtober 21, 1784, list
of merchants compiled for the purpose of forming a
Chamber of Commerce. Twelve of the May 10, 1775,
currency signers are included.
How well they performed their assigned task of signing
Continental Currency is difficult to assess. The Journals of
the Continental Congress reveal that on Nov. 10, 1775, the
congressional delegates from Pennsylvania were asked to
call on the signers of the May, 1775, issue to complete their
work and on Nov. 28, 1775, one daSr before the second
issue of Continental currency was authorized, Congress
ordered Robert Morris to "call on the several persons
appointed to sign the Continental bills, and desire them,
with all possible expedition, to finish the numbering and
signing said bills, as the money is much wanted."
As a consequence, it is significant to note that of the 36
men who were appointed on Dec. 11, 1775, to sign the
second issue of Continental Currency, 15 were
reappointments from the May 10 issue. Thus, it appears
appropriate to conclude that Congress believed the initial
group of signers had carried out their' duties reasonably
Continued on ptige 367 ,
Page 336
Paper Money
NATIONAL CURRENCY
DEN. & SERIES
ALABAMA
CITY CHARTER # GRADE PRICE DEN. & SERIES CITY CHARTER # GRADE PRICE
S10 1902 Ensley N.B. of Birmingham-hq: 1932 12906 VG S 66.50 S10 1929-11 1st N.B. of Baltimore 1413 XF 38.50
$20 1902 E. Alabama N.B. of Eufaula-Reo: 1929 3622 AU 275.00 °S20 1929-I 2nd N.B. of Cumberland 1519 F 55.00
$10 1902 City N.B. of Selma 1736 VG 66,50
95 1929-1 N.B. of Opelika 11635 VG 34.50 MASSACHUSETTS
$10 1929-I 1st N.B. of Tuskaloosa 1853 82.50 S5 1882-BB 1st N.B. of Attleboro 2232 XF 195.00
Sly 1882-BB Atlantic N.B. of Boston-Lict: 1932
ARKANSAS Vert. Cht# 643 CU 375.00
S5 1902 Benton County N.B. of Bentonville- $5 1902-DB State N.B. of Boston-Liq: 1912 N-1028 CU 155.00
Reci 1930 S-8135 VG 120,00 S5 1902 Boston N.B.-Rec: 1931 11903 66.50
010 1902 Arkansas N.B. of Fayetteville-Lig: 1931 S8786 85.00 S5 1902 Union N.B. of Lowell 6077 62.50
S20 1929-I Merchants N.B. of Fort Smith 7240 VF 40.00 510 1902 Safe Deposit N.B. of New Bedford 12405 92.00
55 1902 Newton N.B.-9870 lg. out-Top cut close 13252 VF 175.00
CALIFORNIA 510 1902 Shelburne Falls N.B. of Shelburne 1144 F-VF 90.00
S5 1902-DB 1st N.B. of San Francisco P:1741 F 33.50 $5 1929-I Webster & Atlas N.B. of Boston 1527 VG 18.00
S5 1902-DB Mercantile N.B. of San Francisco- SlO 1929-11 1st N.B. of Easthampton 25M 428 CU 37.50
Lfq: 1920 P-9683 33.50 S20 1929-I 1st N.B. of Mai lboro 2770 VG 33.50
S10 192911 Fanners & Merchants N.B. of Los Angeles 6617 20.00 S5 1929-11 1st N.B. of New Bedford 261 AU 42.50
S10 1929.1 Security 1st N.B. of Los Angeles 2491 VG 20.00 S5 1929-1 Worcester County N.B. of Worcester -
520 1929-I 1st N.B. of San Jose 2158 67.50 Liq: 1934 7595 VF•XF 28.50
COLORADO MICHIGAN
S10 1929 - I Denver N.B. of Denver 3269 F 20.00 S10 1902-RS 1st N.B. of Detroit-Lim 1914 M-2707 VG•F 225.00
$5 1902 1st N.B. of Menominee M-3256 22.50
CONNECTICUT S20 1929-I Crystal Falls N.B.-Rec: 1934 11547 CU 85.00
St Or '911,1 Middlesex County N.B. of Middletown- $5 1929-1 Escanaba N.B. 8496 VG 24.00
Lim 1916 845 VG 185.00 S20 1929-1 U.S. N.B. of Iron Mountain-Rec: 1932 11929 AU 64.00
S5 1902 1st N.B. of Meriden-Lig: 1933 N:250 VF 225,00 S20 1929-I Union & Peoples N.B. Jackson-Rec: 1933 1533 38 00
S5 1902 1st N.B. of Hartford N-121 VF 40.00 S5 1929-1 1st N.B. & Tr. Co. of Marquette 390 24.50
S5 1902 Phoenix N.B. of Hartford-Lfq: 1926 N-670 VG 32 50 S20 1929-I 1st N.B. of Negaunee 3717 55.00
$5 1902 New Haven N. Banking Ass'n. New Haven 1243 55.00 55 1929-1 1st N.B. of Norway (Brown Spots) 6883 CU 45.00
S5 1902-DB Middletown N.B.-Middletown N-1216 VG 25 00
MINNESOTA
DISTRICT OF COLUMBIA $100 1882-BB St. Paul N.B.-Lig: 1906 2959 F 2750.00
S20 1902 Comm. N.8, of Washington-Rec: 1933 E -7446 55 00 Only 1 known from this bank and
S5 1902 Dist. N.B. of Washington-Rec: 1933 E-9545 VG 25.00 only 2 known from the State of Minn.
S20 1902 Nat'l Metiopoli tan N.B. of Washington 1069 58.50 510 1902 Minnesota N.B. of Duluth 11810 VG 28.50
S20 1929-11 Hamilton N.B. of Washington 13782 XF 45.00 S10 1902 1st N.B. of Mankato 1683 VG 39.50
$10 1929-1 N.B. of Washington 3425 VG 22.00 520 1902 Nat'l Citizens Bank of Mankato M-4727 52.50
510 1902 Twin Cities N.B. of St. Paul -
FLORIDA Liq: 1935 M-11741 VG 42.50
55 1902 Bartnett N.B. of Jacksonville 9049 F 125.00 S20 1902 1st N.B. of Starbuck 9596 AU 125.00
S10 1929-I Florida N.B. & T. Co. at Miami #1 13570 CU 120.00 $20 1902 1st N.B. of Preston 25M M-6279 VG 67.50
(cut In two but repaired back together) $5 1902 1st N.B. of Willmar-Lick 1929 6151 XF 185.00
$10 1929-1 1st N.B. of Blooming Prairie 6775 VG 92.50
GEORGIA $10 1929-I 1st N.B. of Cloquet 5405 VG 39.50
S20 1882-BB 3rd N.B. of Atlanta-Liq: 1919 S-5030 VG.F 350.00 $5 1929-11 Minnesota N.B. of Duluth 11810 VG 22.50
510 1902 Greensboro N.B.-10M out S-6967 VG•F 275.00 $20 1929-11 Martin County N.B. of Fairmont #4 5423 AU 110.00
510 19291 1st N.B. of Atlanta 1559 VF 22.00 910 1929-1 1st N.B. of Heron Lake 35M 5383 VG 82.50
S5 1929-1 1st N.B. of Elberton 9252 VF 135.00 $10 1929-1 1st N.B. of Hibbing 5745 F 44.50
S20 1929-I 1st N.B. of Milledgville 9672 F-VF 155,00 S20 1929-1 American N.B. in Little Falls 13353 XF 66.50
S5 1929-11 Citizens & So. N.B. Savannah 13068 24.50 510 1929-1 National Citizens Bank of Mankato 4727 VG 33.50
$5 1929-I Central N.B. of Minneapolis 13108 VG 16.50
HAWAII $10 1929-11 Northwestern N.B. of Minneapolis 2006 F 20.00
S5 1902 1st N.B. Terr. of Hawaii at Honolulu 5550 F 275.00 $10 1929-1 1st N.B. of Nashwauk 25M 10736 VF 110.00
$10 1929-1 Goodhue County N.B.-Red Wing 7307 VG-F 56 50
IDAHO $10 1929-11 1st N.B. of St. Paul 203 AU 32.50
S50 1902-DB Boise City N.B.-Rec: 1932 3471 XF S450.00 $10 1929-1 Stewartville N.B.-Stewartville 35M 13615 VG 82.50
$50 1902-DB 1st N.B. of Idaho P-1668 VF 375.00 $20 1929-I 1st N.B. of Stillwater 2674 VF 55.00
KENTUCKY MISSISSIPPI
95 1875 Kentucky N.B. of Louisville-Liq: 1934 1908 AU 650.00 S10 1929-I Capital N.B. of Jackson-Lim 1933 6646 F 85.00
SIO 1902 Ashland N.B. Ashland-Rec: 1931 2010 62.00 910 1929-1 Merchants N.B. & Tr. Co. of Vicksburg 3430 VG 55.00
55 1902-DB N.B. of Comm. of Louisville-Lig: 1919 S-9241 VF 50.00 S20 1929-11 1st N.B. of West Point #10 2891 VG 72.50
$5 1902 N.B. of Kentucky of Louisville-Rec: 1930 5312 VG 42.00
$10 1929-11 Citizens Union N.B. of Louisville 2164 VG 22.50 MISSOURI
$20 1929.1 Mt. Sterling N.B. of Mt, Sterling 2185 110.00 SI Original Moniteau N.B. of Calif. (closed tear) 1712 CU 265.00
$20 1882.BE Exch. N.B. of Columbia 1467 VG 162.00
LOUISIANA 010 1882-BB New England N.B. of Kansas City -
S10 1929-I Louisiana N.B. of Baton Rouge 9834 F 55.00 Liqi 1925 M•5138 110.00
S5 1929-I Whitney N.B. of New Orleans 3059 VG 18.00 $5 1902-RS 3rd N.B. of St. Louis M-170 VG 90.00
910 192911 N.B. of Comm. in New Orleans 13689 VG 20.00 510 1902-DB Stockyards N.B. of Kansas City M-10413 VG 37.50
S10 1902 Am. N.B. of St. Joseph 9042 25 00
MAINE $10 1902 Nat'l Bank of Comm. in St. Louis M-4178 AU 44.00
SIO 1882•88 Portland N.B. N-4128 335.00 $10 1902 Sedalia N.13.-Rec: 1932 4392 VG 34.00
S5 1902 Manufacturers N.B. of Lewiston N-2260 75.00 $5 1929-1 Boone County N.B. of Columbia 1770 VG 28.00
S5 1902 Canal N.B. of Portland 941 VG 43.00 $10 1929-1 1st N.B. of Jefferson City-Liq: 1932 1809 VG 33.00
S5 1902 Chapman N.B. of Portland-Lim 1929 4868 72.50 $10 1929-1 Drovers N.B. in Kansas City -Lig: 1935 12794 VF 24.50
$5 1929-11 Canal N.B. of Portland 941 CU 165.00 $20 1929-I 1st N.B. of Mount Vernon 20M 13504 XF 220.00
$20 1929-1 Am, Exch. N.B. of Saint Louis-
MARYLAND Rec: 1933 12506 27.50
510 188235 1st N.B. of Cumberland 381 XF 285.00 S10 1920-I Merch. Comm. St. Louis 4178 VF 33.00
S20 1902-RS 1st N.B.of Baltimore-Lfg
1916 E-204 F 225.00 55 1929-I St. Look N.B.-Rec: 1933 12216 VG 22_00
Whole No. 72 Page 337
DEN. & SERIES CITY CHARTER # GRADE PRICE GEN.& SERIES CITY CHARTER # GRADE PRICE
S5 1929.1 Sec. N.B. Savings & Tr. Co. of St. Louis 12066 F 24.00 ILLINOIS
520 1929-1 Telegraphers N.B. St. Louis 12389 F 29.00 55 1875 Greene County N.B. of Carrollton-
55 19291 Am. N.B. of St. Joseph 9042 VG 20 00 Lig: 1918 2390 VF 265 00
$10 Original 1st N.B. of Peoria 176 G 90_00
NEBRASKA $5 1902 1st N.B. of Morris 1773 VG-F 66.50
510 1902 1st N.B. of Beatrice 2357 VG 100.00
$20 1902 1st N.B. of Mount Carmel-Lig: 1931 M-4480 F 93.00
55 1902-DB Merch. N.B. of Omaha-Ligi 1926 W-2775 VG 32.00
S20 1902 1st N.B. of Princeton-Lick 1930 M-903 VG 62.00
S10
SIO
1929.1
192011
Genoa N.B.-Genoa
N.B. of Comm_ of Lincoln
6805
7239
VF
X F
66.50
35 00
55
510
1902
1929-I
Taylorville N.B. (cut sheet of 41
Albany Park N.B. & T. Co. Chicago-
8940 CU 550.00
520
S10
S10
1929.11
1929-1
1929.1
McCook N.B.
1st N.B. of Newman Grove 25M
Jones N.B. of Seward
8823
5282
3060
VG
VF•XF
VF
62.50
135.00
58.50
S10
S10
$5
1929.1
19291
19291
Rec: 1931
Drovers N.B. of Chicago
City N.B. of Centralia
Ayers N.B. of Jacksonville-Rec: 1932
11737
6535
11923
5763
F
VG
AU
F
28.00
22.00
92.50
28.00510 19291 1st N.B. of Stromsburg 25M 8286 XF 165.00 S5 1929.1 Nat'l Stock Yards N.B.-Nat'l Coy 12991 F 24.00
S10 1929.1 Tilden N.B. Tilden 25M 10011 VG 55 00 $20 19291 Oakland N.B.-Oakland-513,25000 out 2212 G 24.00
StO 1929-1 City N.B.-York 4935 VG 3450 SIO 1929 I Rockford N.B. 1816 F 34.50
S10 1929.1 1st N.B. of West Point 512,500 nut 3370 XF 15000 $10 19291 1st N.B. of Rossville 5398 F 72.50
NEVADA 510 192911 N.B. of Savanna 13886 F 32.00
05 1902 Reno N.B.-Rec' 1932 8424 VG-F 495.00
SIO 1929 1 1st N.B. of Sot ingf ield 205 VG 20.00
NEW HAMPSHIRE
S10 1902 Manchester N.B. 1059 VG 5850 INDIANA
S5 1902 1st N.B. of Manchester-Lig: 1931 N-1153 VG 58.50 S5 Original 1st N.B. of LaPorte 377 F 275.00
55 1902 Nat'l Mech. & Traders Bank Portsmouth- 510 Original Nat'l State B. of Terre Haute-Lig: 1905 1103 G 90.00
Lig: 1931 401 VG 58.50 S10 1882.88 Hamilton N.B. of Fort Wayne-Lig: 1917 2439 VG 88.50
S5 1902 Somersworth N.B. N-1183 F 95.00 S20 1882.BB Citizens N.B. of Greensburg-Lig: 1930 1890 VF 225.00
S10 1929-1 1st N.B. of Concord 318 F 65.00 S20 1882 BB Citizens N.B. of Peru-LIgi 1931 1879 F-VF 175.00
$10 1929-1 Nat'l State Capital Bank Concord 758 VG 58.00 S20 1882-88 Nat'l State Bank of Terre Haute-
S5 1929.1 Ashuelot-Citizens N.B. Keene 946 VG 34.00 Lig: 1905 1103 F 175_00
S20 1929.1 1st N.B. of Peterborough 1179 F 82.50 S20 1882 DB Bedford N.B. M-5187 F 135.00
S20 1929.1 Nat'l City B. of Evansville 12132 AU 46.50
55 19291 Old 2st N.B. & Tr. Co. of Ft. Wayne-
NEW JERSEY Rec: 1933 3285 F 22.50
S5 Origmal Hackettstown N.B. 1259 VG,F 32500
S5 Original 1st N.B. Newark -Reci 1880 52 VG 250.00
$10 1882.BB Phillipsburg N.B. E-1239 XF 29500
$5 1902 1st N.B. of Trenton-Liql 1928 281 VG 30.00
S5 1929.1 1st Camden N.B. & Tr. Co. Camden 1209 VG 20.00 IOWA
SIO 1929-1 Hunterdon County N.B.-Flemington 892 F 48.50 510 1902 Char iton Lucas County N.B. of Chariton 9024 XF 10000
55 192911 1st N.B. of Jersey City 374 F 18.50 510 1902 1st N.B. Eldon M-5342 F.VF 175.00
S5 1929.1 Journal Square N.B. Jersey City - StO 1902 Peoples N.B. of Independence-
Lici: 1933 12255 F 18.50 Rec. 1928 M-2187 AU 125.00
S5 1929.1 Montclair N.B. 12268 F 22.50 S5 1902 1st N.B. of Sioux City-Rec. 1930 1757 F 34.50
S5 1929.11 Linton N.B. in Newark 12771 F 21 50 510 1929.1 1st N.B. of Primghar 4155 G 34.50
55 19291 2nd N.B. of Phillipsburg 5556 VG•F 38.50 S20 19291 Washington N.B. Washington-Lig: 1933 1762 F 64.50
S5 1929.1 Broad St. N.B. of Trenton 3709 F 24.00
S5 1929.1 N.B. of North Hudson at Union City -
Bee: 1931 9867 VG 24.50 KANSAS
S5 1929.1 1st N.B. of West New York-Bee: 1934 12064 VG-F 42 . 50 510 1902 Comm. N.B. & Ti. Co. of Emporia 11781 VG 45.00
S20 1929-I Citizens N.B. of Anthony #200 6752 XF 8850
510 1929 I Coy N.B. of Atchison 11405 F 38.50
NEW YORK S20 1929.1 Caney Valley N.B.-Caney 5349 F 85.00
S5 Original Nat'l B. of Comm. in New Yolk - $10 1929.1 1st N.B. of Chanute 3819 VG 28.50
Lig, 1929 733 VG 125.00 S20 19291 1st N.B. of Coffeyville 3324 VF-XF 82.50
S5 1882,88 Am. Exch. N.B. of New Yolk City - SIO 1929-1 Citizens N.B. of Fort Scott 3175 F 44.50
Ligi 1926 1394 VG 8500 55 1929.1 Comm. N.B. of Kansas City 6311 VF 2750
S20 1882 , BB Mercantile N.B. of City of New York - S10 19291 1st N.B. of Leavenworth 182 VG 38.50
Lig: 1912 Vert. 1067 VG 160.00 S5 1929.1 1st N.B. of St. Marys 3374 VG•F 65.00
S10 1882-BB 3rd N.B. of Syracuse-Licr 1929 Vert. 159 VF 175.00 S10 19291 Farmers N.B. of Salina 4742 VG 30.00
S20 1902-RS Nat'l Bank of Comm. in New York - SlO 1929-I N.B. of America at Selma 4945 VG 38.50
Ltg: 1929 E-733 AU 225.00 510 19291 Central N.B. of Topeka 3078 AU 27.50
S10 1902 All). Exch. N.B. New York City - $10 19291 Southwest N.B. of Wichita 12346 VG-F 24.50
Lig, 1926 E-1394 VG 33.50 S10 19291 1st N.B. of Winfield 3218 VG 27 50
S10 1902 Bank of Am. Nat'l Ass'n New York
Liq: 1931 13193 XF 68.50 NORTH CAROLINA
510 1902 Jamaica N.B. of New York 25M 12550 XF 110,00
$5 1902 Comm. N.B. of Charlotte 2135 VG 125.00
S20 19291 N.Y. State N.B. of Albany 1262 F 29.50 $5 1902,D8 Merchants & Farmers N.B. Charlotte-
S20 19291 East Side N.B. of Buffalo-Lig. 1935 13220 VG 32.50
Re, 1934 S-1781 F 160.00
S20 19291 2nd N.B. & Tr. Co. of Cortland 2827 VG 42.50
S20 1929.11 1st N.B. of Cooperstown 280 CU 75.00
S10 19291 State of N.Y. N.B. Kingston 955 VF 47.50
55 1929-I Montour N.B. in Montour Fails #1 13583 AU 175.00 NORTH DAKOTA
S5 1929.1 Chatham Phenix N.B. & Tr. Co. N.Y. 520 1902 1st N.B. of Sanborn-Reci 1929 8448 F 270.00
Lig: 1932 10778 F 16.50 $20 1902 Northwestern N.B. Grand Forks-
S5 1929.11 Sterling N.B. & Tr. Co, of N.Y. 13295 VG 15.00 Lig: 1929 Ia.' 11142 VG 165.00
510 1929.1 1st N.B. & Ti. Co. of Pot t Chester 402 F 34.50 SIO 19291 1st N.B. of Dickinson 4384 F 135.00
55 19291 Jefferson County N.B. of Watertown 1490 VG 17.50 SIO 1929.1 Citizens N.B. of VVahpeton 4552 XF 195.00
DORFMAN COIN & STAMP CO.
P. 0. BOX 185
DAVID a nd FERN DORFMAN
Phone (day or night) (712) 252-1580
SIOUX CITY, I A 51102
Page 338
Paper Money
NATIONAL CURRENCY
DEN & SERIES
OHIO
CITY CHARTER # GRADE PRICE DEN.& SERIES
TEXAS
CITY CHARTER # GRADE PRICE
S10 1882.BB Norther,) N.B. of Toledo-1_1h 1924 809 VG 110.00 S20 1902 City N.B. of Dallas-Lig: 1929 S.2455 F 55.00
510 1902-RS 1st N.B.-Cleveland-Lrg: 1920 M-2690 F 110.00 S5 1902 Farmers & Mechanics N.B. of Ft. Worth--
010 1902 , RS Nat'l Comm. B. of Cleveland-Lip: 1921 M-7487 F-VP 13500 Lick 1927 S-4004 VG 3500
S10 1902 1st N.B. of Richwood-Lig: 1931 9199 XF 94.50 020 1902 Merchants & Planters N.B. of Sherman S-3159 F 75.00
S10 1902 Citizens N.B. of Sidney 7862 F 72.50 S10 19291 Formers N.B. of Brenham-Lg. 1933 10860 CU 85.00
S10 1902 Citizens N.B. of Sidney 7862 F 72.50 S10 1929-1 Central N.B. of San Angelo 10664 XF 60.00
020 1902-DB Troy N.B. Troy M3825 VF 6250 $10 1929 , 11 N.B. of Comm. of San Antonio 6956 F 29.00
S5 1929-11 Huntington N.B. of Columbus 7745 XF 29.50 55 1929.1 1st N.B. of Waco 2189 VG-F 29.50
05 1929.11 Coshocton N.B.-Lice: 1934 5103 F-VF 24.50
S5 1929.1 Chzens N.B. of Norwalk 11275 CU 90.00 UTAH
$10 1929-1 1st Nat'l Exch. Bank of Sidney 5214 XF 55.00 S10 1902 1st N.B. of Logan (repaired) P-4670 F 175.00
S5 1929.11 1st N.B. & Tr. Co. of Springfield 238 F 18,50 S20 1902 Nat'l Bank of Comm. Ogden-
S10 19291 1st N.B. of Toledo-Roc: 1934 91 CU 24.50 Lich 1930 (repaired) P-7296 F-VF 170.00
510 1929.1 Champaign N.B. of Urbana 916 F 28.50 510 1902 Utah N.B. of Ogden-Lig: 1922
bepaitech P-2880 F 120.00
S20 19291 1st N.B. of Logan 4670 XF 200.00
OKLAHOMA S10 19291 Nat'l Copper Bank of Salt Lake City-
S20 1929-1 Are. N.B. of Lawton 12067 VF.XF 72.50 Lig: 1932 9652 XF 80.00
S20 1929-1 1st N.B. of Mangum &74 5508 F 124+50
S10 1929-1 1st N.B. & Tr. Co. of Oklahoma Chty 4662 AU 44.50 VERMONT
S20 1929-1 Fed. N.B. of Shawnee 12339 VF 110.00 55 1902 1st N.B. of Bennington N-130 AU
175.00
S10 1929-1 Exch. N.B. of Tulsa-Lig: 1933 9658 VG 28.50 55 1902 Peoples N.B. of Brattleboro
N-2305 CU 225.00
S5 1929.1 Howard N.B. & Tr. Co. Burlington 1698 XF 65.00
VIRGINIA
OREGON 510 1902 Rockingham N.B. of Harrisonburg 5261 VF 145.00
510 1929-1 1st N.B. of Medford 7701 F 85.00 $10 1902 1st N.B. of Lynchburg S-1558 F 77.50
S5 1929-1 Citizens N.B. of Portland-Lig 1933 13299 F 36.50 $10 1902 Virginia N.B. of Petersburg-Lig: 1931 S-7709 VF 127.50
$10 1929-1 U.S. N.B. of Portland 4514 AU 55.00 $10 1902 Ate. N.B. of Richmond-Lig: 1928 S-5229 CU 13500
$10 1902 Peoples N.B. of Rocky Mount 8984 F-VF 160.00
PENNSYLVANIA S20 1929-1 N.B. of Petersburg 3515 F 4850
01 Original Farmers N.B. of Reading-Rec 1934 696 VG 88.00 510 1929-1 Central N.B. of Richmond 10080 VG 33.00
510 Original 1st N.B. of Media 312 G 80.00 S10 1929-1 N.B. of Suffolk 9733 VG 47.00
510 1902 Harrisburg N.B. 6,580 VG 55.00
S10 1902 Peoples N.B. Jeannette +.7792 F 125.00 WASHINGTON
S5 1902 Nat'l Bank of Oxford 728 F1VF 75.00 S50 1902 DB Seattle N.B.-Lig: 1929 P-4229 F 18000
S5 1902 Traders N.B. of Scranton-Lid: 1929 E-4183 VG-F 40.00 S10 190205 Exch. N.B. of Spokane-Rec 1929 P,4044 VG 42.00
55 192911 County N.B. at Clearfield 13998 CU 65.00 $10 1902 Old N.B. of Spokane P-4668 F 55.00
05 1929-11 County N.B. at Clearfield 13998 CU 65.00 $20 19291 Old N.B. & Union Tr. Co. of Spokane 4668 XF 50 00
S10 1929-I 1st N.B. Grove City 5044 F 44.50 020 1929-1 Yakima N.B. 3355 F 47.50
510 1929-1 Grove City N.B. 5501 VG 33.50
020 192911 Harrisburg N.B. 580 XF 85.00 WEST VIRGINIA
S5 1929.11 1st N.B. of Hazleton 3893 CU 60.00 S10 1882-BB 1st N.B. of Grafton 0-2445 F 335.00
S5 1929.11 fat N.B. in Indiana 14098 AU 82.50 S5 1902 Oak Hill N.B. 12075 G 35.00
S5 1929.11 Mountville N.B. 3808 F 24.50 $10 1929-1 South Blanch Valley N.B. Moorefield 3029 AU 79.50
S10 1929-1 Farmers N.B. of Oxford-Roc: 1934 2906 F 48.50 $10 1929-1 1st N.B. of Parkersburg-Rec: 1931 180 VG 28.50
S5 1929.11 Corn Exch. N.B. & Tr. Co. Phkadelphia 542 XF 22.50 S20 19291 1st N.B. of Piedmont 3629 XF 72_50
510 1929-1 1st N.B. of St. Marys 5226 CU 165 00
RHODE ISLAND WISCONSIN
S5 1902 .Vlechanics N.B. of Providence 1007 AU 98.50 S5 1902RS Germania N.B. of Milwaukee
55 1902 Merchants N.B. of PI ovidence- by: 1926 N-1131 XF 88.50 (only 3 known) M-6853 VF.XF 550.00
S5 1902 Phenix N.B. of Providence 948 F 26.50 510 1902 Comm. N.B. of Madison-Lig: 1933 9153 F-VF 86.00
55 1929-1 Providence: N.B. 1302 VG 16.00 S5 1902 1st N.B. of New Richmond-
S1100.00 lg. out 11412 F 175.00
55 1929.1 Burlington N.B. 11783 VG 29.50
SOUTH CAROLINA $10 19291 Kellogg-Citizens N.B. of Green Bay 2132 VG 22.50
510 1902 DB Peoples N.B. of Charleston Lick 1930 5.1621 AU 22500 05 1929.1 Pioneer N.B. of Ladysmith 11826 VF-XF 125.00
S20 1902 1st N.B. of Spartanburg-Rec. 1932 1848 VG F 77.00 510 19291 1st N.B. of Madison 144 F 20.00
S20 1902 N.B.of South Cm arta of Sumter 510660 VG 55 00 S5 1929-1 Marine Nat'l Exch. Bank of Milwaukee 5458 X F 24.00
SOUTH DAKOTA 1929 FEDERAL RESERVE NATIONALS
510 1902 1st N.B. of Pierre 2941 AU 395.00 S5 A Boston F 12.00
S10 1929 J 1st N.B. Gary-Rec. 193325M 9393 VF 195.00 $5 G Chicago CU 3500
S20 19201 lit N.B. of Paikston #6325M 7662 F 135.00 $5 0 Cleveland CU 40.00
55 J Kansas City F 1000
55 C Philadelphia CU 40.00
TENNESSEE $5 L San Francisco Only 12 known F 485.00
510 1002-DB 4th & 1st N.B. of Nashville 51669 F 125.00 $20 J Kansas City CU 50.00
55 19291 Nat'l Bank of Comm. of Jackson 12790 VG 73.50 $20 B New York Star Note * VF 85.00
DORFMAN COIN & STAMP CO.
DAVID a nd FERN DORFMAN
P. 0. BOX 185
Phone (day or night) (712) 252-1580
SIOUX CITY, IA 51102
KAGIN'S
Suite 600-608 Capital City Bank Bldg.
Des Moines, Iowa 50309
Phone: (515) 243-0129
„offs lo
NuMISMATISTs
, uILD •
NM at
etawr.
Whole No. 72 Page 339
Kazin's
edie eltr WeTAliet ,Alonezy e9Aecia h44
KAGIN'S NUMISMATIC AUCTIONS, Inc.
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Senst
Whole No. 72
Page 340
WANTED
OKLAHOMA OKLAHOMA
NATIONAL BANK NOTES
SMALL SIZE 1929
5126 WYNNEWOOD 7811 WALTERS 9964 GUYMON 0875 ERICK
5272 NEWKIRK 7822 HASKELL 9968 CORDELL 0960 POCASSET
5298 DAVIS 8052 WEWOKA 9970 STILWELL 1397 TONKAWA
5347 ST I LLWATER 8138 GUYMON 9976 SAYRE 1763 CARNEGIE
5546 PRYOR CREEK 8140 FREDERICK 9980 HARRAH 1913 IDABEL
5587 ALVA 8203 CHICKASHA 9987 SHATTUCK 2035 MOORE
5811 MANGUM 8294 MAUD 0003 BRAMAN 2078 WELLSTON
5955 CHELESEA 8313 PAWHUSKA 0005 POND CREEK 2104 DEPEW
5958 MARIETTA 8472 OKLA. CITY 0020 GEARY 2117 PRYOR CREEK
5961 PAWHUSKA 8524 STRATFORD 0051 CHECOTAH 2130 BLAIR
6113 ALTUSS 8563 LUTHER 0075 KAW CITY 2148 COYLE
6232 RALSTON 8616 DUNCAN 0117 CLAREMORE 2157 NORMAN
6241 OKMULGEE 8644 MINCO 0151 EDMOND 2472 ARDMORE
6299 COMANCHE 8744 WAURI KA 0205 MARLOW 2801 HUGO
6517 QU I NTON 8852 TEXHOMA 0239 HEAVENER 3021 MADILL
6641 WANETTE 8859 VERDEN 0240 HOLLIS 3751 OKMULGEE
6660 MCLOUD 9046 SULPHUR 0286 MADILL 3760 FREDRICK
6868 BEGGS 9709 WAYNOKA 0304 TECUMSEH 3891 PONCA CITY
6879 COWETA 9881 KINN STON 0380 ACHILLE 4005 DURANT
6980 CALVIN 9888 HEAVENER 0381 COLBERT 4108 WALTERS
7115 BROKEN ARROW 9942 TULSA 0402 KAW CITY 4305 PAWHUSKA
7209 BERWYN 9946 MARLOW 0548 RINGLING
7278 THOMAS 5949 NOWATO 0573 VIAN
7724 WETUMKA 9963 ELDORADO 0689 COMMERCE
Will pay for VG to VF $75.00
VF to UNC $125.00 for above notes
On above notes ship don't write.
WILL PAY $1500.00 FOR ANY $50.00 RED SEAL ON STATE OF OKLA.
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, any state just write.
Also wanted series 1929 FEDERAL RESERVE BANK NOTE brown seal $5.00 San Francisco. Write state
condition and price.
SPMC 994
HARRY SCHULTZ ANA 38362
BOX 75
KREMLIN, OKLAHOMA 73753
A.C. 405-874-2401
Whole No. 72 Page 341
LEGAL TENDER ONE'S
Fr. 16 Fine
89.00
Fr. 29 Fine
48.50
Fr. 30 Unc.
120.00
Fr. 40 CU 135.00
LEGAL TENDER TWO'S
Fr. 58 Unc. 60.00
OREGON
$20 1929 TY. 1-United States Natl. Bank-
Portland-no. 4514 F
32.00
$10 1929 TY. 1-Citizens Natl. Bank-
Portalnd-no. 13299 VG
23.50
TEXAS
$5.00 1902-Groos Natl. Bank-
San Antonio-no. 10148 VG
45.00
LEGAL TENDER FIVE'S WASHINGTON
Fr. 64 VF 125.00 $10 1929 TY. 1-Yakima 1st Natl. Bank-
LEGAL TENDER TEN'S
Fr. 95 VG 130.00
SILVER CERT. ONE'S
Fr. 223 XF
130.00
Fr. 224 VF 120.00
SILVER CERT. TWO'S
Fr. 256 VF 55.00
SILVER CffIRT. FIVE'S
Fr. 277 VF+ 140.00
FEDERAL RESERVE ONE'S
Fr. 736 Fine 24.00
Fr. 743 VG-F 21.00
FEDERAL RESERVE TWO'S
Fr. 778 XF 65.00
Fr. 779 VF 47.00
NATIONAL CURRENCY
HAWAII
S5.00 1929 TY. 1-Bishop 1st Natl.-
Honolulu-no. 5550 VG 95.00
MISSOURI
$5.00 1902 DB-Natl. Bank of Commerce-
St. Louis-no. 4178 VG 55.00
$5.00 1882 DB-State Natl. Bank of
St. Louis-no. 5172 VG-F 75.00
NEBRASKA
$20 1929 TY. 2-1st Natl. Bank Fullerton-
no. 2964 XF 55.00
$10 1929 TY. 1-Central Neb. Natl. Bank-
David City F-VF 75.00
NO. CAROLINA
$5.00 1929 TY. 2-1st Natl. Bank-
Hickory-no. 4597 VG 85.00
Yakima-no. 3355 F
55.00
$10 1902-Fidelity Natl. Bank-
Spokane-no. 3528 F
110.00
$20 1902 Fidelity Natl. Bank-
Spokane-no. P3528 F 110.00
$5 1902-Exchange Natl. Bank-
Spokane-no. 4044 VG 59.00
$10 1902-Exchange Natl. Bank-
Spokane-no. 4044 VF
95.00
$10 1902-Old Natl. Bank-
Spokane-no. 4668 XF 115.00
$5 1929 TY. 1-Old Natl. Bank-
Spokane-no. 4668 VG 15.00
$5 1929 TY. 1-Old Natl. Bank-
Spokane-no. 4668 XF
25.00
$10 1929 TY. 1-Wash. Natl. Bank-
Ellensburg-no. 9079 Unc.
165.00
$20 1929 TY. 1-Wash. Natl. Bank-
Ellensburg-no. 9079 F
75.00
$20 129 TY. 1-Farmers Natl. Bank-
Colfax-no. 10511 F 65.00
$20 1929 TY. 1-Citizens Security Natl. Bank-
Everett-no. 11693 F 85.00
VF 105.00
$10 1929 TY. 1-1st Natl. Bank-
Stanwood-no. 11935 F 75.00
$5 1902-University Natl. Bank-
Seattle-no. 12153 VF 75.00
$5 1902-Brotherhood's Co-operative Natl. Bank-
Spokane-no. 12418 VG 135.00
$10 1929 TY. 1-Grays Harbor Natl. Bank-
Aberdeen-no. 12704 F 75.00
SMALL SIZE CURRENCY
$1.00 1928-U.S. Note CU 37.00
$2.00 1928F-U.S. Note CU
SPECIAL 11.50
OHIO
$5.00 1882 BB-Clinton County Natl. Bank- SPOKANE COIN EXCHANGE,INC.
Wilmington-no. 1997 VG 85.00
$10.00 1929 TY. 1-Central United Natl. Bank- STEVE ESTES (509) 456-8840
Cleveland-no. 4318 F 21.00 W.249 SPOKANE FALLS BLVD. SPOKANE, WA 99201
{1©VA
LE
Paper Money
The Second Oldest Bank in the State of Florida
The First National Bank of Gainesville received its
charter on June 1, 1888, and is the second oldest active
originally chartered bank in the state today, outlived only
by the First National Bank of Tampa, chartered in 1886
with the number 3497. The first national bank in Florida
was organized at Jacksonville on May 26, 1874, and was
given charter number 2174 by the Comptroller of the
Currency on August 24, 1874. The First National Bank of
Florida opened its doors for business on September 26 that
year with a capital of $50,000. In the last years of its
existence the bank became involved with phosphate
investments that finally caused its downfall. A receiver was
appointed for the bank on March 14, 1903.
by Mike Carter
The second national bank charter granted in Florida,
number 2194, was for the Ambler National Bank of
Florida, Jacksonville, which was organized in August, 1874.
D.G. Ambler and associates raised a capital of $42,000 and
the bank was chartered in October, but for some reasons
not now known, the bank was placed in voluntary
liquidation on December 7, 1874, and never issued any
National Bank Notes. Ambler later organized and was active
in the Bank of the State of Florida, Jacksonville. The latter
bank was absorbed by the Atlantic National Bank of
Jacksonville, in 1903. The Atlantic National Bank of
Jacksonville would eventually become the mother bank of
the first "group banking" operation in the state, of which
the First National Bank of Gainesville would become a
Whole No. 72
Page 343
member in 1931. From 1881 to 1890, Ambler was the
senior member of Ambler, Marvin, and Stockton which
established the Bank of Tampa, later to be chartered as the
First National Bank of Tampa, which today is the oldest
active bank in the state.
A note from the "oldest" national bank in Florida.
The third national bank, the First National Bank of
Pensacola was organized in the summer of 1880 with
charter number 2490. Martin H. and J.J. Sullivan, natives of
Ireland, were active in the promotion which raised the
capital stock of $50,000. The Pensacola bank continued in
operation until a receiver was appointed in January, 1914.
The fourth and fifth national banks were both
established in Palatka in 1884. The First National Bank of
Palatka, charter number 3223, and the Palatka National
Bank charter number 3266, reported resources of $387,682
and $93,401, respectively, in 1885. Both banks were short
lived, and Palatka National closing in 1887, and the First
National in 1891. In 1885, the National Bank of the State
of Florida, charter number 3327, with capital stock of
$100,000 succeeded the Bank of the State of Florida in
Jacksonville. This bank reported resources of $387,682,
loans of $170,146, and deposits of $242,331 within a few
months after receiving a national charter. The National
Bank of the State of Florida was placed in voluntary
liquidation on September 8, 1903, and was absorbed by the
Atlantic National Bank of Jacksonville with charter number
6888 as discussed earlier.
In 1886 the number of national banks doubled in the
state with the chartering of four new banks. The First
National Bank of St. Augustine, the First National Bank of
Orlando, the First National Bank of Ocala, and the First
National Bank of Tampa. Of the four only the Tampa bank
is still an active organization.
Of the three national banks chartered in 1887, two
The "mother bank" of the first group banking operation in
the State, of which the First National Bank of Gainesville
would become a member in 1931.
The original charter for the First National Bank of
Gainesville, charter 3894, dated June 1, 1888.
The bank named in honor of its founder. The Barnett
National Bank was originally the National Bank of
Jacksonville, chartered in 1888 with the First National
Bank of Gainesville.
closed and one was absorbed; in 1888, the National Bank of
Jacksonville and the First National Bank of Gainesville were
chartered. The National Bank of Jacksonville was the
successor to the Bank of Jacksonville, organized by William
B. Barnett in 1877, was capitalized at $150,000 and listed
William B. Barnett as president and Bion H. Barnett as
cashier. When William B. Barnett died in 1903, Bion H.
Barnett succeeded his father as president. The charter of
Page 344
Paper Money
An early photograph of the interior of the First National. Note the vault in the background.
the bank expired in 1908 and the National Bank of
Jacksonville was liquidated and reorganized as the Barnett
National Bank of Jacksonville, taking the ne iv name in
honor of the bank's founder.
So, out of the first 15 banks chartered in the state of
Florida only the First National Bank of Tampa and the
First National Bank of Gainesville remained named and in
operation today as they were when originally chartered in
1886 and 1888 respectively. However, on the 15th of
October, 1974, the First National Bank of Gainesville was
granted permission by the Comptroller of the Currency to
include the name of its group bank corporation, the
Atlantic Bancorporation. Today the First National Bank
of Gainesville is known as the Atlantic First National Bank
of Gainesville.
The History of the First National Bank of Gainesville
The First National Bank of Gainesville's first president
was John W. Ashby who opened the bank's doors in June
of 1888 with $1,013 available for loans. As president of
Gainesville's first chartered bank, Ashby set out to provide
banking services for rapidly growing North Central Florida.
By 1884, Gainesville was the fourth largest city in
Florida. In addition to being an agriculture center with such
crops as rice, millet, corn, rye, sorghum cane, cotton, and
oranges; the first confirmed phosphate rock in Florida was
discovered just outside the city and a multi-million dollar
industry had its beginnings near the city. Gainesville was
also the center for the H.F. Dutton and Company cotton
gin, where high-grade Sea Island cotton of the area was
purchased from area growers, ginned and sold, most
especially for thread, to the Williamantic Thread Company,
in Connecticut. Some $600,000 worth of cotton was
purchased each year. Gainesville at this time had saw and
planing mills, a Spanish Moss-processing plant, a foundry
1882 Brown Back, note signed by James M. Graham,
President and H.E. Taylor, Cashier. (photo courtesy Lyn F.
Knight)
Whole No. 72 Page 345
BALANCE SHEET OF THE FIRST NATIONAL BANK OF GAINESVILLE-1898
James M. Graham, President
RESOURCES
Loans and discounts
$ 95,491.15
Overdrafts 127.40
U.S. Bonds to secure circulation
12 500.00
U.S. Bonds to secure deposits
U.S. Bonds on hand
1 850.00
Premiums on U.S. Bonds
Stocks, securities, etc 30,470,60
Bank'g house, furniture, and fixtures 10 000.00
Other real estate and mortg's owned
4 643.00
Due from other national banks
1 599.81
Due from State banks and bankers 2 415.58
Due from approved reserve agents 16 011.03
Checks and other cash items
600.20
Exchanges for clearing house
Bills of other national banks
Fractional currency, nickels, cents
137.17
Specie 3,441.19
Legal-tender notes
11 070.00
U.S. certificates of deposit
Redemption fund with Treas. U S 562.50
Due from Treasurer U.S.
H.E. Taylor, Cashier
LIABILITIES
Capital stock paid in $50,000.00
Surplus fund
10,000.00
Undivided profits less current expenses
and taxes paid . • 6939.26
National-bank notes outstanding
11,250.00
State-bank notes outstanding
Due to other national banks
11,485.81
Due to State banks and bankers
Dividends unpaid 36.00
Individual deposits
101,208.56
United States deposits
Deposits of U.S. disbursing officers
Notes and bills rediscounted
Bills payable
Liabilities other than those above stated
Total $190,919.63
Total $190,919.63
BALANCE SHEET OF THE FIRST NATIONAL BANK OF GAINESVILLE
BY REPORTS OF CONDITION DEC. 31, 1934
L. Graham, President W.S. Graham, Cashier
ASSETS
LIABILITIES
Loans and discounts S 225.962
U.S. Government securities 1 248,138
Other bonds, stocks, and securities 402,116
Cash and exchange including reserve
with Federal Reserve Bank 1,164,337
Other assets
43,386
Total $3,083,939
Capital $ 100,000
Surplus 100,000
Undivided profits 6 758
Total deposits 2,865,975
Circulation 10,000
Bills payable and rediscounts
Other liabilities 1,206
Total $3,083,939
and machine works, five major hotels, grocery and dry
goods stores, two newspapers, insurance and real estate
agents, watchmakers, druggist, harness makers, physicians,
and, in short, almost all services and goods needed by its
citizens and those of the surrounding area. By October,
1888, total resources of the bank reached $79,000.
First National's second president was James M. Graham
(who signed the 1882 Brown Bank). Graham became
president of the bank in 1891. Even though the nation
suffered through hard times with its still-young economy in
the latter part of the century, the bank continued to grow.
In 1910 Gainesville's population was 6,183. The years
immediately prior to World War I were good ones for the
citizens of Gainesville. The effects of the great freezes of
1894, 1895, and 1899 which completely destroyed the
citrus industry with snow, high winds and temperatures of
six degrees were still felt but the establishment of the
University of Florida in Gainesville in 1906 was a
tremendous stimulus to the city's economy, although its
major impact came after the Depression. Cattle became a
new business in the area along with the turpentine industry
but cotton was still king. Cotton was like money; for it was
convertible into cash, whether by the wagon load, bale,
or a sack of seed cotton brought to town across the saddle.
In 1913, the 25th year of operation for the First National
Bank, assets topped $1 million.
Graham ended 24 years of service as president in 1916
and H.E. Taylor became the third president. Taylor's
Page 346
presidency would run for 17 years through World War I and
the roaring twenties, ushering in the economic boom years
and then the 1929 stock market crash and the following
Depression.
The pre-war years had bright spots and some very dim
ones for the city. With the war came prosperity in many
areas. The University of Florida became an army base as
dormitories were turned into barracks. Higher wages were
luring many to towns and cities. Farm prices were
generally good, but the years of the war were the beginning
of the end for many area farmers. The boll weevil, in the
next few years, destroyed the Sea Island cotton crop
forever. Farm prices began to decrease, but even if things
were tough on the farm, business seemed better than ever.
Land prices jumped and led speculators to appear in
increasing numbers. In 1926, a terrible hurricane hit the
city and county, leaving its effects on the countryside. The
havoc which it worked in other parts of the state ended the
boom, and Florida was plunged into a depression two years
before the national depression started. For the farmers and
ranchers, a new threat had appeared, the Texas fever tick. It
had spread rapidly over state's herds. A state-wide
eradication program was soon under way, which was
succussful, and the fever tick was conquered. In between all
these happenings there was a tremendous flu epidemic
which took scores of lives. So swift were its ravages that it
might take a victim in a matter of hours. Urban parts of the
state began to be affected by national affairs, and a general
1929 Type I signed by H.E. Taylor, President and W.S.
Graham, Cashier.
depression was felt by everyone. As the 1930s dawned a
new adversity struck: Banks, long considered the
foundation of security, began to fail. Runs on and closing
of banks were a common thing in the troubled nation. The
First National Bank was the only bank in Gainesville to
survive the crisis and continue to serve the public without
any interruption.
The presence of the University of Florida provided an
economic buffer during the depression, and growth of the
University carried over into agricultural research. Substitute
crops were developed to replace cotton and the citrus
industry. One such crop was tung oil and this crop
remained important for years as a basis for paint making
and a stimulus to Gainesville's economy. Farming began to
recover with the help of such crops as vegetables, peanuts,
and tobacco. The University continued to grow and become
the cultural center of the state and along with its success
Gainesville soon recovered from the depression.
In 1931, the First National Bank became a member of
Paper Money
A recent check on the Atlantic First National Bank
the Atlantic Bancorporation. Two years later, Lee Graham
became the bank's fourth president. The resources of the
First National greatly aided the rebuilding of the
community's economy.
In 1941, as the nation entered into World War II, Wilson
Boozer became the fifth president of the bank. In 1946,
C.B. Outen became the sixth president and assets went over
the $10 million mark.
In 1954, the bank moved into a new building and
reorganized internally by establishing both commerical and
installment loan departments. By 1956, resources reached
$15 million, by 1960 $20 million, $25 million in 1963, and
$30 million in 1965. In the year 1968 C.B. Outen retired
after 20 years as president and Clarence T. Ayers was
named the bank's seventh president. By 1973 when the
bank moved into its new six-story building, assets reached
$75 million under Ayers leadership.
In this article we have studied the growth of a bank from
its early beginning, through all the pains of growth, to the
present day. The First National has a long and proud
history. Through its 89 years of operation it also has a
proud history with syngraphists, for it is one of the few
national banks in Florida to issue all types of National
Currency. All notes on the bank are extremely rare
($10,000 outstanding in 1934) as are many notes on banks
in Florida. I have only heard of two 1882 Brown Banks on
the bank and one of those is pictured here. The 1929
National pictured herein is owned, fittingly, by the current
bank president Clarence Ayers. The AU note was sent to
him by a fellow banker in Florida when it turned up in a
deposit at his bank!
BIBLIOGRAPHY
Davis, Jess G., "History of Gainesville, Florida". (With biographical
sketches of families), 1966.
Dovell, J.E., "History of Banking in Florida 1828-1954". Orlando,
Florida, Florida Bankers Association, 1955.
Opdyke, John B., "Alachua County A Sesquicentennial Tribute".
Gainesville, Florida, Alachua County Historical Commission,
1974.
Van Belkum, Louis, "National Banks of the Note Issuing Period
1863-1935". Chicago, Illinois, Hewitt Brothers Numusmatic
Publications, 1968.
"Report of the Comptroller of the Currency". Washington, D.C.,
United States Government, 1898.
"Resources and Liabilities of National Banks as Shown by Reports
of Condition". Washington, D.C., United States Government,
1923, 1927, 1928, 1929, 1934.
85 Years of Progress (Supplement to the Daily Sun, Gainesville,
Florida-1973).
Special thanks to Mr. Clarence T. Ayers, President, Atlantic First
National Bank of Gainesville.
SPINK. SON, LTD.
NO,/ 06H
FICC,STERED OFFICE
PEG NO 35 901 LONCIO
FIG/LI
N
5, 0 8<
7, RING- STREET,
ST. JAMES•S,
LONDON, SWIM 6QS
P J5PIN .
0 G LIDOELL
P 5 CHISHOLM
SHINN
CPS/HCS
H MelnicK
265 Sunrise
County Federal
Suite 53Rckville Centre
LI NY 11570
Dear Mr Melnick
Thank you for your letter
for the note we included
Sale.
We are delighted with the results of
certainly send you more material for
Kind assistance
Again thank you for your
and the enclosed cheque
Maryland Historical
this and we shall most
future auctions.
NASCA
NUMISMATIC AND ANTIQUARIAN SERVICE CORPORATION OF AMERICA
265 Sunrise Highway, County Federal Bldg., Suite 53
Rockville Centre, L.I., New York 11570
516/764-6677-78
George W. Ball, Chairman of the Board
WHAT MORE CAN WE SAY?
May we discuss with you the proper disposition of your collection.
Write or call Herb Melnick today. (516/764-6677-78).
Page 348 Paper Money
CLAUD MURPHY OFFERS OBSOLETE
I am anxious to buy any obsolete notes ALABAMA TO
WYOMING, Confederate, etc., but I am especially
interested in Georgia (my specialty). Also interested in the
following: any odd ball scrip, such as those issued by Book
dealers, Grocers, Hardware dealers, Taverns, etc., from any
state; advertising notes, or notes with advertising overprints;
anything in obsolete currency, or related items for sale,
please drop me a line, or send for my offer.
Following is my first sell ad for obsolete currency. My
grading is conservative, and I hope my prices are fair.
Anything not satisfactory for any reason may be returned
notes altered to or from Georgia notes. If you
CONTENENTAL
have within 7
CURRENCY
days. Please add 50¢ on orders under $20.00
May 10, 1775, $3.00, FB $15.00 Feb. 26, 1777, $3.00, F ..... . . $35.00 $20.00, VF .. . . $25.00
Nov. 29, 1775, $5.00, F $25.00 Sept. 26, 1778, 830.00, F
$8.00, VF $30.00 $60.00, VF . . . .
$20.00
$15.00
$40.00, VF .. . .
$45.00, VF .. ..
$25.00
$25.00
Feb. 17, 1776, 81/3, VG $15.00 Jan. 14, 1779, 82.00, VF $25.00 $50.00, F $25.00
$3.00, VF $25.00 $3.00, F . $15.00 $50.00, VF .. . . $30.00
$5.00, VF $25.00 $5.00, VF $25.00 $55.00, VF .. .. $25.00
$8.00, VF $25.00 $20.00, F $15.00 $60.00, VF . . . . $25.00
COLONIAL CURRENCY
DELAWARE May 1, 1777, 18 Pence, VG $15.00 July 20, 1775, 40 Sh., F $15.00
6 Sh., F $25.00 April 10, 1777, 3 Pence, VF $15.00
MARYLAND March 1, 1770, $8.00, F
April 10, 1774, $1/3, F
$25.00 RHODE ISLAND May 1786,
$20.00
2 Sh. 6 Pence, F
6 Pence, VF
$20.00
$25.00
$4.00, VF 825.00 6 Pence, EF $30.00
Aug. 14,1776, $1/3, VG $15.00 6 Sh., VF $25.00
NEW JERSEY April 12, 1757, 30 Sh., Fair $25.00 VIRGINIA March 1, 1781, $50.00, Fine, silked $25.00
NEW YORK Feb. 16, 1771, 3 Pounds, Fine, hinges repairs . $25.00 $80.00, FB, backed & sewn $25.00
5 Pounds, Fine, backed $25.00 $250.00, VG, backed $25.00
March 5, 1776, $1/6, F $25.00 $750.00, VG, backed $25.00
PENNSYLVANIA Oct. 3, 1773, 18 Pence, F $15.00 Oct. 7, 1776, $6.00, F, backed $15.00
2 Sh., 6 Pence, VF $25.00 F, 2 halves taped . $10.00
20 Sh., XF $30.00
CONFEDERATE Type 52, VG $ 3.00 Type 69, Avg circ
Type 9, VG/F $11.00 Almost Unc $ 7.00 Fine or better $ 2.75 each
Type 18, F/VF cc $ 8.50 Type 54, Good, a little tired S 4.00 5 for $13.00
VG $ 5.00 Type 55, Good, a little tired $ 4.00 10 for $25.00
Type 20, Unc $12.00 Type 57, VF coc $ 5.00 Type 67, 68, 69, Avg circ
F/VF $ 5.00 VG/Fcc $ 8.00 Fine or better, 10 of each . . . . $69.00
VG $ 4.00 Type 58, Cr 427/6 Lot of 100 mixed .$225.00
Type 24, VG cc $22.00 (Cat. $11 VG) VF $ 8.00 Type 70, XF/AU $ 7.00
Type 26, VG cc $16.00 Cr 425/4 Unc $ 8.50
VG $18.00 (Cat. $14 VG) VF coc. .. $ 7.00 Type 71, Unlisted var. period before
Type 28, VG
$ 5.00 Type 60, F S 3.50 last serial letter only. Fine . . . . 515.00
Type 30, F/VF $ 6.00 Type 61, G/VG $ 6.50 F/VF S 6.00
Type 36, G 8 4.00 F S 8.50 Type 72, XF S 3.00
VG cc S 4.50 Type 63, F $ 3.00 Unc S 4.50
VG/F $ 5.00 Unc $ 6.00
F/VF $ 7.00
Type 39, VF
XF
Type 40, VG
F/VF
S 5.00
S 5.50
$ 4.50
S 5.00
Type 64, VF 1 1/4" corner tear,
nothing gone $25.00
VF $30.00 (pay $22.00)
Unc stain (moderate) . . $40.00
WANT TO BUY COMMON
CONFEDERATE—Pay $1.50 per note
Fine or better (no tears, notes, tape, etc.)
$160.00 per 100. Unc. pay $1.70 each or
AU/Unc
Type 41 VF
$ 6.00
5 5.00
Type 65, VF tape $ 3.50
VF $ 5.00
$175.00 per 100. Also interested in scarcer
type notes.
XF/AU S 5.50 XF $ 5.50
Crisp $ 6.00
VF, Charleston S.C. Type 66, F S 3.50 ALABAMA
Postmark rev. $25.00 VF/XF $ 4.25 STATE NOTES
Type 42, VG $
6.00 Type 67, Avg circ F or better CR#1, VG 2.00
Type 43, VG stains & corner torn. $ 4.00 (no dogs) $2.75 each CR#1, F 13 2.25
G/VG decent 5 9.00 5 for $13.00 CR#1, XF S 2.50
Fine & nice
$18.00 10 for $25.00 CR#3, VG S 2.50
Type 44, VG decent $
6.00 20 for $48.00 CR#6, XF $ 3.00
VF corner nipped $12.50 Type 68, Avg circ. CR#9, VF S 3.00
Type 46, VF/XF $15.00 Fine or better $ 2.50 each CR#11, F $ 2.50
Type 51, VF coc $ 3.75 5 for $12.00 CR#13, F $12.50
VF S 6.00 10 for $22.50 CR#14, VF Stains $ 7.00
Whole No. 72
Page 349
CR#15, VF S 6.00
Bank of Selma $5.00,
CR#S-136, VG S 6.50
Same, F S 8.00
S20.00, Unl, VF, small hole . . 512.00
Central Bank, Montgomery, $1.00
CR#CRC-90, VG S 7.00
F $ 8.00
$10.00, CR#C-119, VG,
stains $ 6.00
VG S 7.00
$20.00, CR#C-124, VG S 8.00
Commercial Bank, Selma, $1.00
CR#C560, VG, S 7.50
$50.00, CR#C595, VG,
Small hole & chinks in margin $15.00
Young, Woods & Gardiner, Bankers,
Eufala Apr. 15, 1862 UNLISTED,
Good, It's all there $45.00
CONNECTICUT
Derby Fishing Co.,
$5.00 UNLISTED, F 510.00
Manuf. Exchange Co.,
$10.00, Unc., Ink erosion . . . . $15.00
DISTRICT OF COLUMBIA
Bank of the Union,
$3.00 CR#U-260, VG 514.00
FLORIDA STATE
CR#22A, VG $20.00
CR#24, Unc S 5.00
CR#28, XF S 8.00
CR#35, XF, rust spot $18.00
GEORGIA STATE
CR#1, Unc $18.00
2, AU S 8.00
2, Unc S 9.00
3, VF $22.00
3, XF $26.00
3, Unc $35.00
3A, VF $10.00
3A, XF $14.00
3A, Unc. $20.00
4, XF 5 6.00
4, Unc S 7.50
5, VF/XF S 2.50
5, Unc S 2.95
5, WANTED Pay VF or
better 5 1.50 each
5, WANTED Pay Unc. . 5 1.75 each
6, XF 5 6.50
6, Unc $ 75.0
6B, (Scarce) AU/Unc $17.50
7, XF 5 5.00
7, Unc 5 5.50
7, 5/525.00; 10/547.50
7A, XF foxed S 8.00
7A, Unc $10.00
8, XF $ 4.50
8, Unc 5 5.00
9, Wanted, pay minimum $300.00 fine.
More for higher grade.
10, Wanted, pay minimum $300.00 fine.
More for higher grade.
11A, VG 5 6.00
13, Wanted all grades, Pay $75.00
Fine, $110.00 Unc.
14, XF S 2.50
Unc 5 3.00
14A, VG $ 3.00
XF S 6.00
15, VF S 2.25
15, XF $ 2.50
15, Unc 5 3.00
15A, F 5 3.50
16, WANTED, Pay $38.00 VF;
$45.00 Unc.
17, WANTED, Pay $15.00 FV;
$22.50 Unc.
18, VF S 3.50
18, XF 5 4.00
19, VF S 3.50
19, XF 5 4.00
20, WANTED, Pay $90.00 VF;
$130.00 Unc.
21, F 5 6.00
21, VF 5 7.00
22, F/VF 5 6.50
23, 24, 25, 26, VG 5 2.75 each
23, 24, 25, 26 F/VF .. . S 3.50 each
27, VG decent $14.00
27, XF/AU $25.00
27, Unc $30.00
27, VG faults $10.00
27, VG $15.00
27, F $18.50
27, VF tape $15.00
29, F S 4.00
29, VF S 5.00
30A, VG Unsigned $20.00
30A, F/VF Unsigned $35.00
31, AU $17.50
31, Unc $20.00 (Cat. $40.00)
32, Unc corner nipped 5 5.00
32, Unc $10.00
33, Unc $25.00
STATE OF LOUISIANA
CR#4, VF 5 6.00
10, VG 5 3.00
F6VF $ 3.50
11, VF/XF Foxing $22.50
12, VF/XF $15.00
14, XF/AU 5 6.00
15, Unc $ 7.00
16, Unc $10.00
17, F 5 5.00
18, Unc $10.00
29, AU S 4.50
29, Uncut sheet of 4 $22.50
MASSACHUSETTS
Cochituate Bank CR-C-601, 603, 608,
51.00, 52.00, 55.00. Good each 53.75;
all 3 for 510.00, 10 mixed $30.00
MISSISSIPPI STATE
CR#11 A, F $10.00
13A, VG S 6.00
16, F/VF S 7.00
17, F 5 5.00
22, VG $ 4.50
24, VG stains $10.00
30, XF S 9.50
33, XF/AU $20.00
35, Unc 8.00
42A, Unc $26.00
VF $12.00
43, AU/Unc $10.00
43A, XF $10.00
44, XF S 7.00
45, Unc $10.00
46, Unc $10.00
46, XF 5 7.00
50, AU/Unc coc $10.00
51, AU coc $15.00
52, XF coc $10.00
Mississippi Shipping Co. $5.00 CR-M-650
VG nice $32.00
STATE OF MISSOURI
CR#1, AU $16.00
2D, VF $50.00
4A, Unc $35.00
5A, XF/XF $10.00
Unc $22.00
9, XF $27.50
21A, VF nicked margin $12.0'
NEW YORK
Banks of Niagara, advertising note of the
VICTORIA BRIDGE "2", or "so"
Denomination, Unc $15.00 each
Same as above "3" Denomination,
Unc. $18.00 each
Globe Bank $500.00 CR-G-452
VG $100.00
OHIO
Worthington SCRIP, EZRA GRIZWOLD
INN, 1816, 61/2¢, Pink Paper, F $12.50
121/2¢ same, VG $10.00; F $12.50
25¢, 50¢ F/VF $5.00 each
1819 issue 61/2¢ F $14.00
Same 121/2¢ VG $12.50
Same 25, 50¢ VG $4.00 ea., F $5.00 ea.,
VF $6.50 ea.
Same $1.00 VG $6.00 ea., F $7.50 ea.
Same $2.00 Unc, U S $8.00
SOUTH CAROLINA STATE
CR#1, AU/Unc $12.00
2, Unc $12.00
SOUTH CAROLINA
OBSOLETE, SHEHEEN NUMBERS
Commercial Bank of Columbia
$5.00, SH72, VG $ 6.00
Farmers & Exchange, Charleston
$5.00 SH90 G S 3.50
F/VF 5 6.00
$10.00 SH91 VG S 5.00
520.00 SH92 VG 5 5.00
Bank of Georgetown
$5.00, SH100, AU $12.00
$10.00, SH104, VF/XF $14.00
Bank of Hamburg
$10.00, SH116, VG $ 7.00
Merchants Bank of S.C.
$5.00 SH127, F, $ 7.50
Planters Bank of Fairfield
$5.00 SH150, F $ 9.00
State Bank, Charleston
55.00, SH202, G, $4.00; F. . 5 5.00
510.00, SH205, VF/XF $ 9.00
Bank of State of S.C.
25¢, SH213, F 5 7.00
50¢ SH219, G
$ 5.00
251, SH237A, VG $22.00
751, SH263A, VG $8.00; F cc.
5 9.00
$1.00, SH266, F/VF 7.00
52.00, SH281, F/VF $7.00
$2.00, SH285, F/VF 5 7.00
510.00, SH295, F 517.50
Claud
Murphy
BOX 921, DECATUR, GA. 30031
Page 350
Paper Money
GEORGIA OBSOLETE JACKSON:
Will only hit the high points, I have around 500 different for sale. Butts County
Let me know your wants. 1862 81.00 Barely good with faults, Rare 832.00
MACON:
Bank of,
$3.00 1831, VG, V. Scarce $27.50
$4.00 1831, XF & scarce, $50.00
$5.00 1831, VG/F scarce $30.00
Georgia Savings Bank
1863 $1.00, $5.00, $10.00, VG/F $10.00 each
MACON:
Macon Savings Bank
1863, $3.00, $4.00, G $15.00 each
Manufacturers Bank
$10.00, $20.00, CR-M-221, CR-M-224, The Rare ones,
F/VF & nice $45.00 each
Ocmulgee Bank,
1837 1840, 85.00, $10.00, $20.00, F $15.00 each
MILLEDGEVILLE:
Bank of,
85.00, $10.00, CR-M 901 & 904, F S 8.00 each
ROME:
Empire Bank
Scrip of Foster & Norris, Sim CR-E-365 & 368,
10¢, 25¢ 50¢, Au/Unc. U.S., as nearly always S 6.00 each
25¢, CR-+-469 "VWENTY FIVE" error, Unc $10.00
50¢, CR-E-379 SIGNED! Rare thus, F . $22.50 (Pay $15.00)
SAVANNAH:
Bank of Commerce
$1.00, 82.00, $5.00, 510.00, CR-599, etc.
$100.00, CR-A-892, F/VF $28.00 F or better $ 7.00 ea.
Bank of Augusta $100.00 CRC-642 F/VF $32.50
5¢, VG, signed $10.00 81.00, $2.00 CR-C-601, C-609, VG/F $ 8.00 ea.
Unc. U.S. 5 7.00 83.00, $4.00 CR-C-614, C-619, VG/F $12.50 ea.
10¢, 25¢, 50¢, 75¢ AU/Unc. U.S. $ 4.50 ea. Bank of Savannah
$4.00 CR-A-730 Unc. U.S. $10.00 $5.00 CR-S-78 VG, faults 8 4.00
Mechanics Bank VG 5 5.00
$1.00 or $2.00 G/VG 8 5.00 ea. Bank of the State of Ga.
$5.00 or $10.00, each VG $ 4.50 5¢, 10¢, CR-S-597 & 601, VG $ 5.50 ea.
F $ 6.00 25¢, 50¢, CR-S-605 & 610, VG $ 4.00 ea.
$20.00 VG $ 5.00 F 8 4.50 ea.
F $ 7.00 $1.00, $2.00 CR-S-628 & S669 VG decent .. . . $ 9.00 ea.
XF $10.00 $5.00, $10.00, $20.00, CR-S-703, S-748, S-775,
$50.00 VG $11.50 VG each 5 7.00
$500.00 & $1000.00 WANTED Fine or better $100.00 CR-S-798 Scarce F/VF 537.50
Bainbridge Southern Bank Farmers & Merchants Bank
$5.00 CR-S-457 (Scarce) VG decent $25.00 $1.00, $2.00, $5.00, $10.00, CR-F-106, 111,
1Brunswick Exchange Bank 24, 131, F each 5 7.50
$5.00 CR-E-960 (Scarce) VG 825.00 820.00 CR-F-136 VF $12.00
XF $32.00 $50.00 CR-F-141 F-150 $27.50
Cahutah Savings Bank of Merchants & Planters Bank
50¢, 75¢ (v. scarce) VF/XF uns as always $25.00 ea. $1.00, $2.00, $5.00, $10.00, $20.00 VG $ 5.00 ea.
$2.00 (Rare) VF/XF corner nip $30.00 F $ 7.00 ea.
COLUMBUS: $3.00 Low grade, too bad to describe
Chattahoochee RR & Banking in decent language $ 2.00
$5.00 (Rare) VG part of right end gone $20.00 a little better (at least it is all there) $ 5.00
Chattahoochee RR & Banking VG $12.00
$20.00 (Rare) VG & nice $50.00 VF $18.50
DALTON: $50.00 & $100.00 G $20.00 each
Bank of Whitfield
$1.00, $2.00, $3.00, similar to CR-W-218
"MANOUVIER", all very scarce VG/F & nice, each . $24.00
GREENSBOROUGH:
Bank of,
$1.00 sim CR-G-375 no "one" O.P. AU/Unc $17.50 Claud Murphy
$5.00 CR-G-392 VG $12.00
Unc $22.50 P.O. BOX 921
GREENVILLE: DECATUR, GEO. 30031
County of Merriwether
1862 81.00 Unc. $5.00 XF, Both Rare $50.00 ea. ANA 31775 SPMC 4486
HAMILTON: TEL. (404) 876-7160, 5:30 to 10:30 P.M.Harris County
1862 82.00 F; 85.00 F, Both Rare $50.00 ea,
$2.00 F/VF Rare $60.00
ATHENS:
Bank of Athens 75¢ 1863, VG $20.00
Bank of State of Ga. $5.00. CR-S730 $10.00
ATLANTA:
Alabama Ins. Co. 10¢, 1862, VG $17.00
Bank of Fulton $1.00 CR-F801, VG small tear $12.00
$2.00 UNL same issue G $ 8.00
Railroad Ticket, Unissued, Richmond & Danville RR,
Atlanta & Charlotte Division 188, XF $10.00
AUGUSTA:
Augusta Ins. & Banking
$1.00, CR-A-862, Fine 8 6.00
$1.00, CR-A-860, F/VF $ 7.00
$2.00, CR-A-866, VG Id 4.00
$2.00, CR-A-864, VG $ 6.00
$5.00, CR-A-870, VG 8 5.00
$5.00, CR-A-869, BG/F 8 6.00
$10.00, CR-A-872, G/VG $ 6.00
$10.00, CR-A-874, VG/F
$ 6.00
$10.00, CR-A-874, F/VF
8 8.50
$20.00, CR-A-878, VG/F $ 9.00
520.00, CR-A-880, VG/F $ 7.00
550.00, CR-A-886, F/VF 824.50
$50.00, UNL 1837, VG/F
$25.00
$50.00, UNL 1837, F/VF
$30.00
$100.00, CR-A-890, F
$25.00
F1300 550.00 F1344 125.00
F1301
23.00 F1345 60.00
F1303 23.00 F1346 60.00
F1307
23.00 F1347 40.00
F1308
13.00 F1348 100.00
F 1 309 13.00 F1349 45.00
50 CENT NOTES F1350 50.00
F1310 70.00 F1351 450.00
F1311 80.00 F1352 625.00
F1312 50.00 F1353 475.00
F1313 100.00 F1354 500.00
F1316 30.00 F1355 50.00
50 CENT NOTES F1356 70.00
F1317 30.00 F1357 250.00
F1318 30.00 50 CENT NOTES
F1320 55.00 F1358 40.00
F1321 65.00 F1359 80.00
F1322 60.00 F1360 40.00
F1324 40.00 F1361 45.00
F1325 110.00 F1362 28.00
F1326 45.00 F1363 85.00
F1327 45.00 F1364 30.00
F1328 60.00 F1365 40.00
F1329 85.00 F1366 40.00
F1330 1100.00 F1367 95.00
F1331 20.00 F1368 45.00
F1332
60.00 F1369 50.00
F1333 25.00 F1370 100.00
F1334 25.00 F1371 200.00
F1336 65.00 F1372 110.00
F1337 50.00 F1373 115.00
F1338
55.00 F1374
75.00
F1339 30.00 F1375 75.00
F1340 65.00 F1376 45.00
F1341 40.00 F1379 40.00
F1342 45.00 F1380 25.00
F1343 40.00 F1381 23.00
We need and are buying proofs and specimens or
essays of the fractional currency arid experimental,
trial and freak notes, errors. We need pairs, strips,
blocks, packs, sheets and shields gray-pink-green. If
you have some you would like to sell you can just
ship it with price or we will make an offer.
CONTINENTAL CURRENCY VG plus pay . . 8.00
COLONIAL CURRENCY VG plus pay
6.00
CONFEDERATE FINE OR BETTER . . . 1.00
BROKEN BANK NOTES CU 1.00
WE NEED CIR NOTES-VG OR BETTER
F113-122 30.00 Ten dollar Bison
F271-281 25.00 Five dollar Chief
F747-780 18.00 Two dollar Battleship
F2300 HAWAII ONE DOLLAR
CH CU . . . . 8.00 VG 2.00
COIN-A-RAMA CITY
13304 INGLEWOOD AVE.
HAWTHORNE, CALIF. 90250
PHONE 213-679-9151
Whole No. 72
Page 351
WANTED TO BUY PAPER MONEY
We are in need of some choice CU notes. CU only, no folds, pinholes, bad spots, or too far off-center, etc.
We have been at the same location for over 14 years but it has just been the last few months that we have been
trying to build up our inventory of U.S. paper money and we need your help and will pay for it.
When shipping to us wrap it well, send it registered mail for the value and a return receipt will tell you the day we
receive it. Please ship it with an invoice and your phone number.
All notes
listed by F366-368 .. 800.00 5 CENT NOTES
Friedberg
are buy F369-371 . .. 400.00 F1228 45.00
prices are for choice CU NATIONAL BANK F1229
50.00
notes. NOTES F1230 20.00
F380-386 ..
475.00 F1231 60.00
LEGAL TENDER F387-393 ..1350.00 F1232 28.00
NOTES F394-408 .. 575.00 F1233 28.00
F16-17 270.00 F409-423 . . 800.00 F1234 28.00
F18 260.00 F424-439 . 850.00 F1235
50.00
F19-27 120.00 F466-478 .. 160.00 F1236 50.00
F28-30 70.00 F479492 . . 175.00 F1237 65.00
F34-35
120.00 F493-506 .. 300.00 F1238 20.00
F36-39 38.00 F507-518 650.00 F1239 30.00
F40 85.00 F519-531 . . 750.00 10 CENT NOTES
F41-41a .. 425.00 F532-538 .. 250.00 F1240 42.00
F43-49 160.00 F539-548 . 275.00 F1241 50.00
F50-52 110.00 F549-557 . 375.00 F1242 25.00
F53-56 140.00 F558-565 650.00 F1243 60.00
F57-60 58.00 F573-575 550.00 F1244 20.00
F61-63 250.00 F576-579 650.00 F1245 20.00
F64 220.00 F580-585 . 700.00 F1246 23.00
F65-69 160.00 F587-594 80.00 F1247 30.00
F70-72 125.00 F595-597 180.00 F1248 500.00
F73-82 110.00 F598-612 70.00 F1249 50.00
F83-92 58.00 F613-620 95.00 F1251 30.00
F93 400.00 F621-623 220.00 F1252 35.00
F94-95 400.00 F624-638 . 80.00 F1253 55.00
F97-99 300.00 F639-646 . . 110.00 F1254 70.00
F100-102 • 200.00 F647-649 .. 300.00 F1255 20.00
F103-113 • 200.00 F650-663 . . 110.00 F1256 25.00
F114-122 • 350.00 F647-649 . . 300.00 F1257 20.00
F123
900.00 F650-663 .. 110.00 F1258 20.00
F124-126 700.00 F664-671 .. 275.00 F1259 20.00
F130-147 260.00 F675-685 .. 250.00 F1261 20.00
F155-164 .. 850.00 F686-694 . . 400.00 F1264 30.00
SILVER F698-707 . .. 385.00 F1265 14.00
CERTIFICATES FEDERAL RESERVE F1266 14.00
F215-223 . . . 200.00 BANK NOTES 15 CENT NOTES
F224-225 . . . 265.00 F708-746 . .. . 50.00 F1267 50.00
F226-227 .. . 60.00 F747-780 . .. 135.00 F1268 50.00
F228-236 . .. . 45.00 F781-809 . . . 125.00 F1269 50.00
E237-239 .. . 25.00 F810-821 . . 625.00 F1271 50.00
F240-244 .. . 280.00 FEDERAL RESERVE 25 CENT NOTES
F245-246 . . . 500.00 NOTES F1279 65.00
F247-248 . .. 600.00 F832-843 . . 100.00 F1280 75.00
F249-258 .. . 140.00 F844-891 .. . . 35.00 F1281 45.00
F259-265 . . . 900.00 F892-903 .. . 130.00 F1282 100.00
F266-267 . .. 400.00 F904-951 . . .. 40.00 F1283 25.00
F268-270 . .. 950.00 F952-963 . . . 150.00 F1284 30.00
F271-281 . .. 250.00 F964-1011. . .. 55.00 F1285 30.00
F282 320.00 F1024-1071 . 140.00 F1286 30.00
F287-289 .. 750.00 F1084-1131 . . 240.00 F1287 35.00
F291-297 . . 500.00 GOLD F1288 35.00
F298-304 . . 350.00 CERTIFICATES F1289 55.00
F317-322 . . . 450.00 F1167-1173 . . 110.00 F1290 60.00
F330-335 . . . 800.00 F1179-1187 . . 175.00 F1291 40.00
TREASURY OR F1198-1200 . 375.00 F1292 40.00
COIN NOTES F1203-1215 . 600.00 F1293 40.00
F347-349 . .. 475.00 F1294 30.00
F350-352 . . . 165.00 FRACTIONAL F1295 30.00
F353-355 . .. 750.00 CURRENCY F1296 30.00
F356-358 . .. 320.00 3 CENT NOTES F1297 50.00
F359-361 . . . 700.00 F1226 20.00 F1298 80.00
F362-365 . .. 400.00 F1227 35.00 F1299 400.00
THE BAHAMAS GOVERNMENT THEM
With the advent of the American Civil War, the Bahama
Islands began an unprecedented economic boom. Largely
based on blockade running, the economy surged completely
retiring the public debt of £47,786 and creating imports of
£5,346,000 and exports of £4,677,000 for a single year)
Such figures were considered unimaginable previously and
would not be equalled for over half a century.
But, with the restoration of peace in the U.S. in
mid-1865, the boom evaporated as quickly as it had
materialized. One observer commenting on the rapidity of
the collapse said, "Ruin fell in an hour." Undoubtedly, the
collapse was not that quick, but depression was only a
matter of months in development. The following year a
further devastating blow occurred: a disastrous hurricane.
So severe was nature's wrath that instead of being referred
to merely as the hurricane of September/October 1866, it
became known distinctively as "The Great Bahama
Hurricane". 2
In the wake of this destruction to life and property,
Rawson W. Rawson, Governor of the Colony, submitted to
the British Government a proposal for the issue of £15,000
of legal tender bank notes secured with specie in the Public
Bank. Some months later, in March of 1867, the Secretary
of State instructed the Governor to withdraw the measure
and substituted an authorization for the colony to raise
funds by debentures. By late June, 1868, circumstances had
changed: specifically, a drain of gold and silver specie from
the colony and a call from the local bank for repayment of
£10,000 in debentures. Therefore, the Governor and
Executive Council, pointing to the success of colonial bank
note issues in Canada and Mauritius, again pressed the
Secretary of State for permission to issue notes in the
Bahamas. 3
As the economic situation deteriorated further, the
Governor took further steps for relief. Towards the end of
August, through the Attorney General, he introduced into
the Assembly a bill calling for the issue of currency.
However, when some conservative Members of the
Assembly added extensive provisions for retrenchment, the
bill died. 4 On Oct. 17, after the Assembly had adjourned, a
resolution was passed unanimously by the
Governor-in-Council to issue notes of 4i1 and £5
denominations for use in the payment of public officers.
called for an order of £1 and £5
in the payment of public officers.
for an order of 5,000 £1 notes
blue) and 1,000 £5 notes in red
The resolution
denominations for use
The resolution called
printed in blue (light
(carmine). 5
•URY NOTES OF 1868- 1869 by Samuel L. Smith
In his dispatch No. 173 of the same date to the Duke of
Buckingham and Chandos, Secretary of State Governor
Rawson enclosed a hand-drawn facsimile of the five-pound
note (figure a) he had ordered lithographed by The Major &
Knapp Engraving Manufacturing & Lithograph Company of
New York. He pointed out to the Secretary of State the
success of U.S. Interest Bearing Notes, and accordingly
allowed interest of 6% per annum on the issue and made
them receivable in payment of duties and taxes in the
purchase of debentures. He also assured the Secretary that
there would be no excessive issuance of the notes, certainly
not exceeding-M,500 per month. 6
Anticipating a delay in shipment of the notes from New
York, the Executive Council at its meeting of Oct. 23,
established the form and wording of provisional certificates
to be printed in Nassau. 7 At the beginning of November
when salaries became due, a small but sufficient amount
totaling L951 of these locally printed notes (figure b) were
issued. Although these provisional notes were "Receivable
for Duties at the Public Treasury," they had no legal tender
status at the Public Bank: i.e., merchants could and did
accept them from civil servants for merchandise and could
then pay duties with them; however, merchants could not
deposit them with the bank for the bank to re-issue them to
persons drawing cheques for payment of duties. The
Governor's greatest fear, that the notes might be discounted
for merchants, was fortunately allayed. 8
In December the first of the Treasury Notes
lithographed by Major & Knapp were issued. (Figures c, d,
e, f.) By this time the convenience of notes over specie was
becoming evident. In addition to public servants,
contractors and other government creditors were
volunteering to take them. Use of the notes for payment of
duties served to prevent their overabundance but at the
same time was not so great as to put pressure on the
Treasury's limited specie reserves. 9
Although the issuance of notes continued in January and
February of 1869, changes were taking place that would
doom the issue. At the end of December, 1868, the Duke
of Buckingham and Chandos was succeeded by the Right
Honorable Earl Granville as Secretary of State in Britain. In
the Bahamas Governor Rawson's term expired and on Jan.
11, 1869, James Walker succeeded him as Governor of the
Colony. Beginning on Feb. 1, any notes issued to civil
servants were required to have the phrase "and bearing legal
Interest from the date hereof" stricken." (Note this
difference in the pictured notes, and the reverse of the t5
No. AFB 0144 (figure g) showing interest calculation.) At
\\k
alrat*Kitio.oy
11E PITH MAU
0131111111H If
DRY . kt.t.:IN
Of)0ED;)€)7 ,4
Itkuou,
Whole No. 72
Page 355
Figure G - Reverse of the k5 note, Serial No. 0144
the Executive Council meeting of Feb. 12, a Confidential
Dispatch from Earl Granville was read forbidding any
further issue of notes. 11 In total, t2,000 of Treasury Notes
had been issued under Governor Rawson's order. 12 In
March, without further authorization to issue more notes,
Governor Walker found himself without means to pay civil
servants and barely enough to meet the expenses of the jail
and asylum. 13
Redemption of the notes dragged on for seven years.
There is no record of the rate of redemption in 1868, 1869,
or 1870. 14 As of Dec. 31, 1871, only t300 were
outstanding. Records for 1872 are currently unavailable. 15
At the end of 1873, only +,8 remained unredeemed. 16 In
1874 only a single 't1 note was redeemed 17 and that
particular note No. H/K 0850 is pictured. In 1875, the
remaining L7 were redeemed, 18 bringing to an end the
circulation of the first issue of a Bahamian paper money. It
would be almost half a century, 1920, before currency of
the Bahamas Government would be circulated again.
In addition to the two sets of the 1868-1869 Treasury
Notes from private collections pictured here, there is a third
set privately held, and a fourth pair in the collection of the
Central Bank of the Bahamas. All three sets in the hands of
private collectors came from the same source some 20 years
ago. There also exists a printer's proof of the t5 note
offered in Spink's Bank Note Quarterly of Winter, 1976.
With the discovery of the issued notes and their limited
known population, this proof becomes highly collectible.
Both the hand-drawn •h5 form and the Provisional ...b1
certificate of November, 1868, are in the collection of the
Bahamas Archives.
1. Albury, Paul. The Story of the Bahamas.
2. Ibid.
3. Governor's Despatches, 1868.
4. Ibid.
5. Minutes of the Executive Council, 1868.
6. Governor's Despatches, 1868.
7. Minutes of the Executive Council, 1868.
8. Governor's Despatches, 1868.
9. Ibid.
10. Minutes of the Executive Council, 1868.
11. Ibid.
12. Ibid.
13. Governor's Despatches, 1869.
14. Bahamas Blue Book, 1868, 1869, & 1870.
15. Bahamas Blue Book, 1871.16. Bahamas Blue Book, 1873.
17. Bahamas Blue Book, 1874.
18. Bahamas Blue Book, 1875.
REPRINT OF GWYNNE AND DAY
The Pennell Publishing Co. has released a hard cover
reprint of the 1862 Gwynne & Day's "Descriptive Register
of Genuine Bank Notes," published annually from 1859 to
1862. This book descirbes in detail the thousands of
genuine bank notes circulating in the United States and
Canada at that time. As its title implies, it does not include
genuine notes of closed banks or very early notes possibly
still redeemable but almost completely withdrawn from
circulation by banks still in operation.
The original publication was designed to give merchants
and bankers a way of determining whether bank notes
presented to them were genuine. Bank notes differing from
the published descriptions were refused. Even genuine notes
were accepted only at a discount if the issuing bank's credit
rating was questionable. The problems facing today's
storekeepers and bankers are probably much more
sophisticated, but it is doubtful whether their computers
could handle transactions involving thousands of different
kinds of money with individual values continually changing.
Although not given credit, this book was the main
source of D.C. Wismer's listings of obsolete bank notes of
the various states published annually in the Numismatist
from 1922 to 1936. To this basic core of descriptions of
genuine notes circa 1860, Wismer added bank notes (and
some scrip) owned by him or seen in other collections,
together with some historical data.
Unfortunately, the additions included some counterfeit,
altered and raised notes which Wismer either did not
recognize or bother to identify. Collectors who have used
the Wismer lists will welcome the opportunity presented
by Gwynne & Day to question the origin of such additions.
Gwynne and Day originals are rare and expensive. The
reprint, priced at only $15, has many supplements,
including a list of banks which ceased operations prior to
1862. This alerts researchers to the possibility of locating
notes of the closed banks.
Gwynne and Day will be a valued addition to the
possibility of locating notes of the closed banks.
Gwynne and Day will be a valued addition to the
libraries of all obsolete paper money collectors and a must
for those who are compiling the new SPMC listings of the
various states.
The $15 price includes mailing costs. Orders should be
sent to the Pennell Publishing Company, Box 858,
Anderson, South Carolina 29621.
BIG NAME, SMALL TOWN
The Path Valley National Bank of Dry Run (Penna.) was
a community of some 200 people that issued what the firm
of Hickman & Oakes describe as "little more than pocket
change" in National Currency. When a nice AU 1929 note
from the bank was offered in their mail sale, it drew a
strong $275 bid.
fr 7
To every collector of banknotes, Stanley Gibbons
are the world's leading experts.
Their London showrooms house a superb
selection that includes banknotes from almost a
countries of the world. And for everything y
want to know about paper money, expel -
advice is always available. Come alo
and see for yourself.
Stanley Gibbons expertise does not
end there. They are also specialists in coins,
medals, playing cards and documents and if you
want the literature and price lists for any of them
just complete the attached coupon.
STANLEY GIBBONS
CURRENCY LTD.
395 STRAND, LONDON WC2R OLX, ENGLAND TEL, 01-8368444.
PM
474 _ 01110Atitt-
1"''' jratwitom .4451.
11110101114111:CILIAMI
44amtialintotAlkaaakaUtailtjuistszeuss, „
%//,,/
Whole No. 72 Page 357
NEW YORK STATE CURRENCY WANTED
NATIONALS ALL SIZES AND TYPES
Alexandria Bay 5284
Amityville 8873
Babylon 4906
Babylon 10358
Baldwin 11474
Bay Shore 10029
Bellerose 13234
Bellmore 11072
Bellport 12473
Bridgehampton 9669
Brooklyn (Long Island N.B.) 12885
Brooklyn (Nassau N.B.) 658
Cedarhurst 11854
Central Islip 9322
Cutchogue 12551
East Hampton 7763
East Islip 9322
East Northport 12593
East Rockaway 12818
East Setauket 11511
East Williston 13124
Farmingdale 8882
Floral Park 12499
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 Ronkonkoma 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
New York City (Long Island, N.B.) 12885
New York City (Nassau N.B. 658)
Northport 5936
Oceanside 12458
Patchogue 6785
Patchogue 12788
Port Jefferson 5068
Riverhead 4230
Rockville Center 8872
Rockville Center 11033
Rossevelt 11953
Roslyn 13326
Sayville 5186
Smithtown Branch 9820
Southampton 10185
Valley Stream 11881
West Hempstead 13104
Westbury 11730
Woodmere 12294
I also need Obsolete Currency and Scrip from any of these above towns as well from:
BROOKLYN
LONG ISLAND
PORT JEFFERSON FREEPORT
ORIENT POINT SOUTHOLD
JAMAICA
GREENPORT
GLEN COVE
SETAUKET
VVILLIAMSBURGH SOUTH HUNTINGDON
Suffolk County Bank of Sag Harbor
Interested also in Chicago, Illinois #12227—Douglass National Bank.
I will also buy old "Satirical" cartoon currency poking fun at political candidates.
Also needed are any bills of any country, any series with repeater numbers similar to 20202020, 00002020, 2020
DR. ALAN YORK
NUMBER ONE MAIN STREET, EAST HAMPTON, NEW YORK 11937
516-324-1024
American
Historical
Vignettes
By John R. Isted
Page 358 Paper Money
The fourth issue of United States
Notes, or Legal Tender, included a
newly designed $2 note. Production
of the new $2 note began in 1870
an d ended in 1929. Although
changes occurred on the note
throughout its long history, and the
Series date changed
frequently-1869, 1874, 1875, 1878,
1880, and 1917—the central vignette
remained the same.
The first five series dates of the
fourth issue "greenback" two-dollar
note remain for the collector
relatively elusive in choice
uncirculated condition. This is a
direct result of their low production:
Series 1 869-24,796,000; Series
1 87 5-11,518,000; Series
1878-4,676,000; and Series
1880-28,212,000. The Series 1917,
however, is more plentiful with
317,416,000 notes coming off the
presses at the Bureau of Engraving
and Printing between 1917 and
1929. Therefore, it affords the
collector a better chance of owning a
choice example of this beautiful
note.
The note's vignette, the Capitol
building in Washington D.C., was the
site of heated controversy over the
nation's monetary policy of issuing
Legal Tender Notes which were not
redeemable in specie.
President Andrew Johnson, in his
annual message given December 4,
1865, stated that: "It is our first
duty to prepare in earnest for our
recovery from the ever increasing
evils of irredeemable currency
without a sudden revulsion and yet
without an untimely procrastination.
For that end we must each, in our
respective positions, prepare the
way."
However, the feeling among a great
number of influencial people was
that the government should not pay
its war debt in full, because the
government had received depreciated
currency for a great mass of its
bonds. But when Congress met in
December of 1865, it went on record
stating "that the public debt created
during the late rebellion was
contracted upon the faith and honor
of the nation; that it is sacred and
inviolate, and must and ought to be
paid, principal and interest; and that
any attempt to repudiate, or in any
manner to impair or scale the said
debt, should be universally
discountenanced by the people, and
promptly rejected by Congress if
proposed."
Champion of the cause to retire
greenbacks in the attempt to pay the
war debt was Secretary of the
Treasury Hugh McCulloch, who took
office in March, 1865. He engineered
a plan to retire between $100 million
and $200 million in greenbacks and
to resume specie payments.
In fluencial private citizens, and
public officials alike, were pleased
with his annual report given
December 4, 1865. The report stated
that the immense volume of paper
money in circulation must be
reduced to avoid disastrous financial
crises similar to those of 1837 and
1857. He warned Congress against
the continuance of the policy of
issuing fiat money, predicting that it
could only lead to political upheaval
creating mammoth disturbances.
Although McCulloch was backed
by Congress and the President in his
attempt to withdraw greenbacks and
resume specie payments, his great
void in the art of politics seriously
hindered his plans and eventually
defeated him. Friction between the
President and Congress was
increasing at an alarming rate during
this period over the management, or
reconstruction, of the Southern
states. McCulloch's loyalty went to
President Johnson, thereby creating
an air of hostility between Congress
and the Secretary. A number of
businessmen were also having second
thoughts about the contraction of
greenbacks, and influenced some of
the Congressmen to oppose the
President and Secretary.
The result was the passage of the
Act of April 12, 1866, which limited
the retirement of greenbacks to $10
million during the following six
months, and to $4 million in any one
month thereafter. Secretary
McCulloch was indeed disappointed,
as he thought that there would be
months in which he could redeem
more than $4 million in United
States Notes from the economy
without injuring industry or trade.
In total, $44 million in fiat money
was withdrawn from the U.S.
economy under the Act of April 12,
1866. McCulloch stated that it was
such a small amount that the only
Whole No. 72
Page 359
affect noticeable would be the
adjustments in the Treasury books.
Outstanding United States Notes had
been reduced from $400 million to
$356 million, and before any more
could be retired; the Congress in
February, 1868, passed 15 Statutes
at Large, 183, which halted the
Secretary from retiring any more
greenbacks.
Capitol Hill was now buzzing with
controversy over the proper method
of paying the national debt. And
with the election of 1868
approaching, the Republicans and
the Democrats, squared-off on this
issue. The Republicans and their
candidate for President, Ulysses S.
Grant, stood behind the resumption
of specie payments and the
contraction of greenbacks. The
Democrats, and their candidate
Horatio Seymour, favored inflation
and the continued use of greenbacks
without the backing of precious
metal.
The election of 1868 was the first
in United States history to be waged
upon the maintenance of the
monetary standard. The Republicans
and their war hero, General U.S.
Grant, won the Presidential election.
The Republicans were also victors in
the Congress, with control resting
heavily in their favor: 61
Republicans and 11 Democrats in the
Senate; and 170 Republicans to 73
Democrats in the House of
Representatives.
In his first inaugural address, given
on Thursday, March 4, 1869,
President Grant pledged his
unswerving devotion to the payment
of the national debt in gold. Later
that month Congress passed, and the
President approved, the "Act to
Strengthen the Public Credit" which
promised to pay the national debt in
coin, and "to make provision at the
earliest practicable period for the
redemption of the United States
notes (greenbacks) in coin."
However, Congress and the
Executive branch never made use of
the Act, and fell back into a heated
debate over the economic viability of
fiat money.
Perhaps the strongest voice
speaking out on the greenback
question in Washington during these
monetarily traumatic years was that
of President Grant's Secretary of the
Treasury, George S. Boutwell.
Secretary Boutwell opposed the
contraction of Legal Tender Notes,
and was convinced that the method
of resumption through the
accumulation of gold was impossible
so long as existing exports of that
metal continued. He believed that
the condition of the currency would
improve as the credit of the nation
improved; and this he believed could
be accomplished through the careful
refunding of the public debt.
Congress listened to Boutwell's
plan, and moved in direct opposition
to it by passing the Act of July 14,
1870, and the Act of January 20,
1871. These Acts were in the spirit
of the Act to Strengthen the Public
Credit by authorizing the issue of
$500 million of bonds at 5%; $300
million at 4 1/2%; and $1000 million at
4%; with each required to be paid in
coin. Congress had hammered
another blow against the
inflationists.
The inflationists were to have
their day, however, soon after the
United States suffered from the
panic of 1873. The depression which
followed the panic left the country's
business interests in general collapse
and suffering from the symptomatic
shortage of money. Responding from
the pressure of businessmen to
increase the amount of money in
circulation, President Grant ordered
his third Secretary of the Treasury,
William Richardson, to reissue $26
million in retired greenbacks to spur
the economy. The President's order,
although carried-out, did not have
Page 360
legal basis as it went against earlier
Acts of Congress fixing the amount
of Legal Tender Notes in circulation.
Thus, Grant rode the political seesaw
from his earlier stand for hard money
and the withdrawal of fiat paper
money—and it was soon time for
Congress to join him in his decision.
The Federal election for
Congressional seats was nearing, and
those up for re-election knew the
fate of incumbent administrations
which served during past
depressions—they had to react
radically or face a loss at the polls. In
March, 1874, the House voted by a
large majority against a bill which
would have limited the circulation of
Legal Tender Notes at $356 million.
Another bill soon after followed,
limiting the amount of greenbacks in
circulation at $382 million, thereby
legitimizing Grant's illegal reissue of
$26 million in greenbacks.
The Senate, however, felt that this
was not enough to boost the
economy and amended the bill to
read "$400 millions," and provided
for the additional issue of $46
million in National Bank Notes. The
bill passed the Senate and House by a
vote of 29 to 24, and 140 to 102,
respectively. Congress had now sided
with the President by reversing its
stand for hard money.
The bill went before the President
for signature. Congress felt
reasonably sure that he would sign
the bill into law as he had shown
every sign of favoring soft money
and inflation. But eight days after
passing Congress, President Grant
vetoed the bill to most everyone's
surprise.
As a compromise, Congress now
passed a bill which provided for the
circulation of $382 million in
greenbacks, and the redistribution of
$55 million in National Bank NOtes
from the Eastern banks to those of
the West and South. The President
signed the so-called "Inflation bill"
into law on June 30, 1874.
The Legal Tender issue had
created a virtual seesaw of political
actions in Washington, with the
Republicans doing the best they
could to hold in-check the
inflationists and at the same time
remain viable for re-election. The
"Inflation bill" was too little too
late—Congressional majority
switched to the Democrats in the
House of Representatives, with the
Republicans maintaining their
majority in the Senate.
After their loss at the polls the
Republicans still had a few months
left in their term to get the seesaw
moving again. With nothing to lose,
and hoping to strengthen the
economy through their philosophy
of hard money which had brought
them to power in the election of
1868, the Republican House and
Senate backed Senator George
Edmunds and his "Resumption bill."
Edmunds was a hard money
advocate and authored the bill which
called for the redemption of
greenbacks in coin starting January
1, 1879; National Bank Note
circulation was relieved from
limitation, and greenbacks were to be
retired to the extent of 80% of the
issue of National Bank Notes until
the Legal Tender Notes were
reduced to $300 million in
circulation; Fractional Currency was
Paper Money
to be replaced with silver coinage;
the mint was not to charge for the
processing of gold used for coining;
and the Secretary of the Treasury
was authorized to issue bonds and
use surplus revenues in order to
resume specie payments.
The bill was signed into law by
President Grant on January 14,
1875, after it had easily passed the
Senate 32 to 14, and the House 136
to 98. The vote had followed party
lines, and the seesaw was at least
back in the starting position again.
The Economic theory of the
greenback era rode the tide for
decades, and the argument for
maintaining paper money redeemable
in specie is still with us today. The
irony of the politics of the greenback
era may be summed-up by the
statements given on the same day by
Secretary of War John Sherman, who
as the Chairman of the Senate
Committee on Finance introduced
the Resumption Act to the Senate;
and by President Rutherford B.
Hayes, who a year earlier had
resumed specie payments authorized
by the Act. Hayes and Sherman
addressed the question on the future
of greenbacks—each man looked to
the other for support: President
Hayes stated in his address to
Congress that "The retirement of
United States Notes ... is a step to
be taken in our progress toward a
safe and stable currency ... ";
Secretary Sherman, on the other
hand, started the seesaw the other
way when he stated that "United
States Notes are now, in form,
security, and convenience, the best
circulating medium known."
NEW ELECTION PROCEDURES
At the Board Meeting in Atlanta it was decided that all
future elections of Board members will be by mail ballots
of the general membership. Nominations for candidates will
be made by: 1) petition signed by 10 members in good
standing and delivered to Society secretary (Harry
Wigington) at least 90 days in advance of the ANA meeting.
If you have candidates in mind, get your petitions in the
mail now. All nominations must be published in Paper
Money at least 21 days before our meeting at the ANA
convention.
Mike Crabb, Chairman, Nominating Comm.
BACK ISSUES DONATED
Mr. Raymond de Vos (No. 1390) has just donated some
very desirable back issues of Paper Money magazines to our
Society.
They are: Vol. 1., No. 4, 1962; Vol. 2., No. 2, 1963;
Vol. 2., No. 3, 1963; Vol. 3., No. 3, 1964.
Anyone needing these issued, please write. They will be
awarded by lottery approximately 30 days after the mailing
of this issue. The prices will be $2.00 each. Only successful
members will be notified.
Please send your letters to:
J. Roy Pennell P.O. Box 858 Anderson, S.C. 29622
$5 1896 Silver Certificate
Gem Uncirculated
May 1977
$1900.00
$1 1923 Silver Certificate
Inverted Overprint
March 1977
$725.00
A , ,
ENGLAND
RARE COIN
AUCTIONS
A
$5 1934 -A Hawaiian Surcharge Invert
Uncirculated
November 1977
$975.00
1.6)1
a
Whole No. 72
Page 361
"PAPER BRINGS TOP DOLLAR
AT NEW ENGLAND AUCTION."
Some of the finest in rare U.S. paper currency has been consigned to New
England Rare Coin Auctions in the past, and our consignors have realized some
of the most impressive prices in the market for these quality items. Our record
speaks for itself. But at New England, we give you even more than outstanding
prices. We give your collection the exposure it needs to attract the highest
bidders.
We publish auction catalogs that are unparalleled for photography and detail —
and these catalogs are distributed to an expanding mailing list of active numis-
matists and syngraphists both in this country and abroad.
We travel with your collection to several conventions across the country before
each auction, in order to give potential bidders an opportunity to examine your
currency — PLUS, we offer an exclusive Personal Bidding Service to prospective
bidders who are unable to attend the auction in person. Qualified auction bidder-
representatives examine lots and execute bids, thus giving the broadest possible
market access to your collection.
Examine the record, then give us a call. Let your paper currency bring top dollar
at a New England auction.
Mailing Address: P. 0. Box 1776, Boston, MA 02105
Executive Offices & Galleries: 89 Devonshire St., Boston, MA 02109
(617) 227-8800
Page 362
Paper Money
Interest
Bearing
Notes VEBOR
Our annual bash at the ANA in Atlanta is over but the
afterglow lingers on. A lot of hard work by many of your
unselfish members, who devoted a lot of time and effort,
paid off in a big way for your Society and our phase of the
hobby.
The Specialty Mall went over big. Six or seven other
groups were also represented at tables to present their
aspects of numismatics. We did very well and it worked
beautifully. Over 40 new members, 80 plus books sold, 200
banquet tickets sold and several thousand of our new
brochures were given to persons interested in paper money.
So THANK YOU to all the fellows and lady (Ruth Bain)
who spent time at the SPMC table.
I must take space for a few lines and thank Doug Watson
for the preparation of a new brochure for the Society. It
tells the story of paper money, paper money collecting and
our Society. Then, very subtly, he includes a membership
application form. We had a lot of compliments on it. If you
need some—particularly you dealers who want to get one
into the hands of a friend or customer—let me know.
Our banquet was attended by 200+ of us, all intent on a
good time and looking forward to a sermon from the
mount by the GREAT PROPHET for National Bank Notes:
John Hickman. We were not disappointed; it was a talk that
interested the specialist, the amateur, the wives and even
the news media. John, we thank you!
Next year, the Astrohall in Houston. How are we going
to top the most dynamic meeting we've ever had? I don't
know, but we'll try. You all just be there.
One major action by your Board of Directors was to
move our Board and General Membership away from the
hectic and overcrowded schedule at the ANA convention.
Next year both will be in conjunction with the Paper
Money Convention in Memphis on June 2-4 at the Holiday
Inn. At the ANA, we will have our Reception and Banquet
as in past years.
THE OLD ORDER CHANGETH
Since 1964, one of the dreams of those of us who collect
Obsolete Currency, has been a complete catalog of all the
obsolete notes issued in the United States. Over the years,
we have published 8 books, Florida, Texas, Minnesota,
Vermont, Mississippi, National Bank Notes Issues, and now
Maine.
The Obsolete Notes and Scrip of Maine, by our most
noted contributor, George Wait, was printed and released at
the ANA Convention in August where over 60 copies were
sold. If you have not obtained a copy, do so. It's a great
reference work and is only $10.00. Write Roy Pennell, Jr.,
P.O. Box 858, Anderson, S.C., 29622, for your copy.
Works on other states are in the mill: Indiana, Louisiana,
Pennsylvania, and others, all in various stages of
completion, preparation or research, or in a few cases,
stagnation.
There is a great amount of work involved in one of these
projects. First, the researcher and author must be extremely
knowledgable about that state. He must know where the
major collections are; he has to spend days, weeks, months
and usually years searching, documenting, cataloging,
photographing the notes, then recording, assembling,
reviewing, and revising his results. He must have the
tenacity to get into all major collections, diplomat enough
to get cooperation from collectors, suspicious museum and
library curators. Finally, his work is prepared in the format
desired by the Society and sent to our Chief Reviewer. The
reviewer, in turn, is one familiar with obsolete notes, and
who has a gimlet eye for the embarrassing errors that seem
to creep into every work. Then, back to the author for final
review and finally it is finished.
Continued on page 369
LP S POSTAL SERVICE
STATEMENT OF OWNERSHIP, MANAGEMENT AND CIRCULATION
o,, , ,, 5
' F,.A ;Er 1,:":0\E.1" ■/15/77
i-r746.66sos os ■ssor I" ',".2
Bi-rnonehly
.1 50cATION oP ANOWN OP - PILE OF PUBI_IcRiiLDP IND Gmmr■ gd
F1'O. 00
19 , 0. Box 858, Anderson, S. C. 29622
5 LOCATION Op Trip FIgNomuNRigng OR o6ossso aus.otss o, oss or rot soao.
P.O, Box 858, Anderson, S. C. 29622
nAsIES AND COMPLETE ADDRESSIS OP sostls,,es EDITOR ANC MANAGING EIMPOR
rue 7. Roy Pennell, P, O.
Box 858, Anderson, S. C. 29622
Douglas Watson, P.O. Box 127, Scandanayia, Wisc. 54977
Society of Paper Money Coll P.O. Box 858, Anderson, S, C,. 29622ADORESS
8 5 BONDHOLDERS MORTGAGEES. AND OTHER SECURITY MOLDERS oVv5ING OR DOLDiNeg I PERCENT OH MORE 0
NAME A.. ..SS
NONE
9. PON COMPLETION BM NONPROFIT ORGANIZATIONS ADTHORIZED TO Ma, AT SPECIAL RATES ■,,,,,. I., 1Pk p o f 0 g 0, . 1 f 0. g I IP RI ■ ■ r ..d o c■
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El =`.7.:7::,?,. .;,,,1.7.1.,::::;:-...‘"-""."---"..”
e. PRAGE NO CONES C A NO CO355 OF 0E %TENT AND URE OP GIRGDLATION SUP DQPING PRECEONC SUE PUBLISHED NEA T TO
2625 2800
12 MONTHS
PILING DATE
TOTAL,. E.FIES PR,F,EO IN., ,r." R.^.,
a PAID CIRCULATION17011S:1=0LLPTENLLE C'''' " ''"' "." E' 0- - 0 -
. MAIL SUBSERIETPONS 211 x 2174
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211, h 2174
e,7Xol47,.= i— .
2118 2174
os, 0 0.aton. co. o o,oso int r.,2,
.e.u... FROM NtWS AG
_ , .
2t25 2800
so o 6 . son1 scoffs that the statements made by roe
above arc correct and complete
G JUAN-La-, 0, 0,„,„,„„„,„ „„„„ „ , REULAR FIL.
OF E _124,c1,32.„2.z__OR. PUBLISHER..US■MCSS MANAGER. OR OWNE„
(Sex narsaions on revers,
v.cnnronc nno
,,r7 6 3526 (Pace lr
Whole No. 72
SOCIETY
OF
PAPER MONEY
COLLECTORS
INC
Page 363
New 65 page illustrated catalogue now available.
WANTED
Any and all Fractional or related material (Books, Spinner Items,
etc.).
We are also strong buyers of U.S. Encased Postage,
Fractional Denomination Continental, Colonial, and Obsolete
Currency.
Sell to a Specialist for the Best Possible Offer.
LEN & JEAN GLAZER
P.O. BOX 111
FOREST HILLS, N.Y. 11375
Page 364
Paper Money
MAIL BID SALE OF UNUSUAL
OBSOLETE CURRENCY
CLOSING DATE OF SALE-JANUARY 30, 19 78
USUAL MAIL BID RULES APPLY
Lot No. DESCRIPTION Date Cond. Lot No. DESCRIPTION Date Cond.
ARKANSAS 19..05 Drew & Bucki, Ellaville R-7 RRR 1871 VF
1. .25 T.K. Kidd Boonsboro RR 1862 Fine 20..05 Confederate Packing House, Jacksonville R-6 .1862 Fine
2. 20.00 Exchange Bank of Helena 1862 VG 21. 50¢ Bank of St. Johns, Jacksonville R-6 1862 VF
ARIZONA
22. 5.00 Southern Life Insurance & Trust Co.,
St. Augustine R-5 1836 VF
3..25 F.S. Collins & Co. Hampden 23. 50¢ V. Sanchez, St. Augustine R-7 RRR 1862 VG
Mohave County RRR VF 24. 20.00 Commercial Bank of Florida, St. Joseph.
Note Payable at Bank of United States in
Philadelphia, Pa. R-6 1840 VF
CALIFORNIA 25. 4.00 Bank of Florida, Tallahassee R4 C/C 1844 AU
4. 5.00 Golden Era Newspaper, San Francisco 26. 1.00 Certificate of Deposit State Bank of Florida
Adv. Note RR
- Fine R-5 Tallahassee 1862 Fine
5. .25 in GOLD DUST. Miners Bank of Savings of 27. 50¢ Jose Vigil, Tampa Unlisted Denomination
Alta U/S Soiled. Note in practically same R-7 RRR. 1862 Fine
condition sold for 8675.00 recently
VG 28. 100.00 State of Florida CR-2 1861 VG
29. 5.00 State of Florida CR-6 1861 Fine
COLORADO 30. 2.00 State of Florida CR-39
1864 Unc.
6. 5.00 Business College Bank of Colorado,
Denver U/S RRR 1877 XF ILLINOIS31. 5.00 Heinz, Noble & Co. Advertising Pickles.
Probably origin of H.J. Heinz Co. (57 Varieties)
CONNECTICUT Woodstock 1875 XF
7. 3.00 Connecticut Bank, Bridgeport 1855 Fine 32. 100.00 Fund Commissioner of the State of
8. 1.00 Eagle Bank of New Haven E-40
1825 AU illinois F-800 1840 VF
9. 1.00 Farmer's Bank, Bridgeport "Counterfeit" . . .1853 Fine KENTUCKY
33. 5¢ Farmers Bank of Kentucky at
D. C. Georgetown RR 1862 VF
10. 3.00 Mechanic's & Traders Bank, Georgetown 34. 1.00 Northern Bank of Kentucky
A few glue stains on Reverse M-85
1852 Unc. (Different from N480)
1852 XF
35. 5.00 Commercial Bank of Kentucky. This is a
GEORGIA TRIAL NOTE. Unsigned & Punch cancelled.
11..10 Planters Insurance Trust & Loan Co. Colorful note-Red on Black. Marked
Dalton U/S 1863 XF "Strong Ink" on Stub. Folds RRRR 185-- AU
12..50 Planters Insurance Trust & Loan Co. 36. Same as above. Marked "Weak Ink" on Stub
Dalton U/S XF RRRR Folds 185- AU
13. 10.00 Bank of Augusta. Vignettes of Oglethorpe 37. 121/2¢ James Fletcher, Elizabethtown.
A-743
1847 VG Unlisted-Many Splits -- Fair
14. 6 1/4¢ Sandersville Vignette of Flag U/S
15. 121/2¢ Sandersville Vignette of Eagle U/S
16. 2.00 Brunswick & Albany RR Co., Brunswick
B-482 1871
17. 4.00 State of Georgia, Milledgeville-
Fine
Fine
VF
LOUISIANA
38. 10.00 Banque des Ameliororat ons.
New Orleans-Corners Off
39. 1.00 Parish of carrol P-218
1840
1862
Fine
XF
Advertising Note on Rev. CR 27
1864 Fine 40. 100.00 New Orleans Canal & Banking U/S 41. 50¢ Parish of Iberville P-583
18-
1862
Unc.
Unc.
42. 50.00 Bank of Louisiana L-596 Small Ink Stain . .1862 Unc.
FLORIDA 43. 1.00 Parish of St. John the Baptist
1862 AU
Rarity numbers from Harley Freeman's Book 44. 3.00 Parish of St. Landry P-902
1862 AU
18..25 Tucker Gaston & Co. Cedar Keys R-6 Soiled . .1869 VG 45. 25¢ I.L. Wilbur, St. Charles Hotel, New Orleans . .1862 VF
LEONARD H. FINN
40 GREATON ROAD
WEST ROXBURY, MASS. 02132
ANA SPMA NENA CCB BNS CCNE
SECKETARY'S
HARRY G. WIGINGTON, Secretary P.O. Box 4082
Harrisburg, PA 17111
Whole No. 72
Page 365
MEMBERSHIP LIST
No.
5059
5060
5061
New Members
Ken Schlosser, P.O. Box 993, Ade1phi, MD 20783
Rolla R. Ross, 96 Valley Rd., 1/10, Cos Cob, CT
06807
Harold W. Cole, P.O.
Box 221, Carson City, NV
Dealer or
Collector
C
C
C
Specialty
Obsolete Bank Notes, Confederate Notes and
Large Notes.
All Notes
U.S. Type/Nationals
89701
5062 William R. Acker, P.O.
Box 221, Henderson, TX C Small size notes—$1 to $10.00
75652
5063 William P. Houston, Boecklin Str., #2, 6 Frankfurt- D General World Currency
Main 70, West Germany
5064 Thomas A. Reilly, 1800 Robinson Dr., North C Obsolete Bank Notes
Augusta, SC 29841
5065 Gerald R. Hill, 150 S.E. 26th Ave., Minneapolis, MN C/D Mid-west obsolete notes
55391
5066 Purdy Laferriere, Rt. #1, Box 18, Mineral, VA 23117
5067 Victor Henegar, P.O. Box 1462, LaFollette, TN C $1.00-$2.00 and Star notes
37766
5068 John P. Guzowski, 28050 Aurora Rd., Solon, OH C Obsolete Notes
44139
5069 Joseph J. Adamski, 15365 Old Bedford Trail,
Mishawaka, IN 46544
C/D Obsolete notes/scrip—New England and Indiana
5070 Paul Mezzapelle, Jr., 1701 E. Cotati Ave., Rohnert C
Park, CA 94928
5071 R. Logan Talks, 745 Southover, Toledo, OH 43612 C Small size notes, and large size
5072 Gerald Tubello, 3 Mansfield Court, Livingston, NJ C
07039
5073 William V. Bagwell, P.O. Box 874, Waterloo, IA C/D All paper money prior to 1935
50704
5074 Patrick J. Segraves, P.O. Box 5425, Athens, GA D U.S., Georgia obsoletes, & Nationals, and
30604 Confederates
5075 Michael A. Bobian, 1314 Seventh St., Muskegon, MI C National Bank Notes
49441
5076 Mike Janssen, P.O. Box 2126, Palm Springs, CA C Fractional Currency
92262
5077 Edsel Barnes Ford, 3947 Sykesville Rd., Finksburg,
MD 21042
C Mixed type notes
5078 David M. Salem, 1212 Main St., Suite 100, Houston,
TX 77002
5079 Tim Terry, 1428 St. Clair, Englewood, FL 33533 C Confederate notes
5080 Lorne R. LaVertu, 500 N. Roosevelt Blvd., #406,
Falls Church, VA 22044
C All U.S. Notes
5081 Joseph B. Bodnar, 2093 Boston Ave., Bridgeport, CT C 1929 Nationals
06610
5082 Bernard Loebe, 2707 Dalton, Houston, TX 77017 C Large U.S.A., and South American
5083 David P. Anderson, 107 N. Elm St., #209,
Champaign, IL 61820
C
5085 Eugene M. Hassett, 3022 N. Arlington Ave., Simi C J.I.M. (Philippines only)
Valley, CA 93063
5086
5087
Ralph Brown, 12 Bell St., Bellport, NY 11713
Joseph P. Abate, 1128 62nd St., Brooklyn, NY C Small size U.S. Paper
11219
5088 F.F. Pipito, M.D., 152 Guy Park, Amsterdam, NY C/D
12010
Page 366
5089 Chris Goss, P.O. Box 237, Dorchester, MA 02124 C/D
Paper Money
5090 James A. Burris, 349 W. Johnson Rd., La Porte, IN C
46350
5091 John C. Calhoun, 830 N.E. Loop 410, Suite 400, San C Confederate, & Southern States Currency
Antonio, TX 78209
5092 Emil N. Eusanio, P.O. Box 447, San Fernando, CA D Books
91341
5093 Alfred R. Verzellesi, 674 McLaughlin Rd., Bridgeville,
PA 15017
C/D U.S. Nationals
5094 Francis M. Maddux, P.O. Box 313, Spring City, TN C Tennessee notes
37381
5095 Harold W. Cuddy, 85 Clark St., New Haven, CT D All paper money
06511
5096 Richard B. Mike11, 11 Saluda Trail, West Columbia,
SC 29169
C S.C. Obsoletes
5097 Jacke W. Stamet, 300 Edgedale Dr., High Point, NC C/D
27262
5098 William C. Ballard, Rte. #7, Lancaster, SC 29720 C
5099 Kenneth Gackstatter, P.O. Box 1005, Highland, NY C/D N.Y. Obsolete notes
12528
5100 Harry W. Mendelsohn, 128 Church St., Torrington,
CT 06790
C Conn. Nationals—$2.00 notes
5105 Robert M. Rozycki, 220 May St., Sycamore, IL C/D Nationals
60178
5102 Edward J. Fillinger, P.O. Box 184, Toms River, NJ C Large Notes—Speelman & White Signatures
08753
5103 Kenneth L. Sieradzki, 23805 Pheasant Run, Novi, MI C Large Currency
48050
5104 Ben Z. Swanson, P.O. Box 679, Carswell AFB, TX C Patent Medicine & Dental Advertising Notes
72127
5105 Arthur J. Katz, 8525 W-28th St., St. Louis Park, MN C U.S. Large currency
5106 S.L. Tanenbaum, P.O. Box 9324, Rochester, NY C N.Y. & Civil War Era scrip & token
14604
5107 Dana Linett, P.O. Box 2592, Boston, MA 02208 C/D Colonial notes
5108 David Sonderman, P.O. Box 1070, New Haven, CT D Colonial paper
06500
5109 A.B. Pfister, 516 Wildwood Dr., Thomasville, GA C Georgia & Florida notes
31792
5110 Larry D. Howard, Rt. #2 Box 87-C, Denton, MD C Maryland Nationals & Obsoletes
21629
5111 Robert Dempsey, 739 N.W. 18th St., Ft. Lauderdale,
FL 33311
C/D All paper money
5112 Samuel L. Smith, P.O. Box F900, Freeport, Bahamas C/D Bahamas Currency
5113 Norbert T. Hild, Ruta Rural #1, Buzon 127A, Juncos,
Puerto Rico 00666
C Fractional Currency (U.S. Govt. & private)
5114 Herbert T. Black, Jr., P.O. Box 315, State College, PA C/D Penna. obsoletes & Nationals
16801
5115 David E. Schenkman, P.O. Box 274, Indian Head, MD C Sutler Cardboard & Paper currency
20640
5116 Iran Cavoretto, P.O. Box 814, Coqville, OR 97423 C/D
5117 Edward C. Schalk, P.O. Box 103, Niwot, CO 80544 D African & U.S. Large Size notes.
5118 Sidney P. Foster, 114 Shapene Lane, #11, Walnut C Obsolete Currency
Creek, CA 94596
5119 Carlisle F. Kaufman, 6 State St., Spring Valley, NY C Nationals, Errors, Low numbers, etc.
10977
5120 Edward J. Gluesing, U.S. Soldier' & Airmens Home,
Washington, DC 20317
5121 Hy Brown, P.O. Box 111, Painesville, OH 44077 D General paper money
5122 Donald J. White, 4216 Central, Western Springs, IL C World Bank Notes—Bicentennial
$2.00.
60558 Cancellations & M.P.C.'s.
5123 Ole V. Groos, 24 Concord Ave., Cambridge, MA
02138
5124 Dennis S. Allabaugh, 8 Odessa St.-Minquadale, New C United States Notes
Castle, DE 19720
5125 William Scott Billings, P.O. Box 2935, Carbondale, IL C Silver Certificates,
small size notes and East
62901 African notes
5126 Francis E. Burke, 249 Broad St., Montoursville, PA C/D Lycoming County Penna.
17754
5127 Tyrone J. Baudot, 3921 Charles Dr., Chalmette, LA
70043
C/D Type & La. Nationals
5128 C.C.
DeFeo,
P.O. Drawer
3516,
Tallahassee,
FL
32303
D Confederate notes
Whole No. 72
RE-INSTATED MEMBERS
4789 Robert L. Rubel, 301 1/2 W. North, Decatur, IL 62523 4496
2503 C. Victor Deloe, P.O. Box 263, Richmond, WV
2041
26261
2563 Harry R. Valley, 601 Rockwell Ave., N.E., Cleveland,
4123
Page 367
Mel Steinberg, P.O. Box 226, Yellow Springs,
OH 45387
Newton J. Cummings, P.O. Box 397, Malta, MT
59538
John C. Elliott, 205 S. Park St., Creston, IA
OH 44114 50801
4673 Mitchel J. Groveman, 74 Hickory Lane, Roslyn Hgts.,
3040
NY 11577
George J. Cormier, 64 KnollCrest Dr.,
Cumberland, RI 02864
4677 Dr. Roger M. Cooper, 879 College Ave., Menlo Park, 2423
CA 94025
Thomas F. Mason, P.O. Box 1305, Cheyenne,
WY 82001
2646 W.J. Farrell, M.D., 87 Linda Lane, Schenectady, NY
4120
12304
Don P. DeVore, 2048 Willowick Circle,
Columbus, OH 43229
4421 Lee J. Bellisario, 198 Woodland Rd., Southboro, MA
4080 William L. Rohning, 308 East 12th St., Kansas
01772 City, MO 64106
4307 Robert Welborn, 601 West Page St., Vandalia, MO 4010
63382
Karl R. Zuehlke, 2020 Jenkee Dr., Florissant,
MO 63031
4283 William G. Anderson, 16 Pickwick Dr., Commack, 2193
NY 11725
Guy C. Omer, Jr., 1080 SW 11th Terr.,
Gainesville, FL 32601
479 Ruth B. Springer, 2427 9th St., S.W., Canton, OH 1328
44710
Franklin Michaels, North Skyline Dr.,
Sunnyslopes, Rochester, MN 55901
4571 Aaron B. Beard, 2048 La Cresta Dr., Salt Lake City,
2031
UT 84121
Clarence B. Jeffcoat, 3305 Johnson Lane,
Conway, SC 29526
4198 Dr. Frank A. Miller, 1100 Leon St., Apt. #14, 4343 Henry C. Flynn, P.O. Box 479, Charleston, SC
Durham, NC 27705 29402
1289 Fulton Thompson, P.O. Box 410, Jackson, MS 39205
1066 David H. Christensen, P.O. Box 30038,
Bethesda, MD 20014
RESIGNED
3934 Bob Rice
1353 Edward Ahlers
DECEASED
1302 Gordon Z. Greene
3822 C. Edwin Dayton
2534 Norman H. Liebman
NAME CORRECTION
3192 Howard A. Daniel, III, (also speciality change—
Southeast Asia notes)
5039 Richard J. Shanfeld
SPECIALTY CHANGE
4986 Walter Siegel, 31-45 70th St., Jackson Hts., NY
11370, (Gem C.U.-small size 1929 Nationals)
FIRST ISSUE OF CONTINENTAL CURRENCY
Continued from page 335
well—though not with the speed that Congress felt was
adequate to meet the immediate financial demands of the
Revolutionary conflict.
Acknowledgements: The author is indebted to the
Historical Society of Philadelphia and the New York Public
Library for their cooperation in providing research
materials for the preceding article and to Eric P. Newman
for his consultation and guidance.
TWO AND TWO MAKES ONE
Two organizations of collectors of cancelled $2 bills
have reached an agreement to work together on an informal
basis "to achieve a common objective of fostering the
collection of Bicentennial $2 cancellations."
A.J. Vero, founder and head of the B$2FDC
(Bicentennial $2 First Day Cancellation) information and
exchange service and Don Wright, president of the
Cancelled $2 Collectors Club have exchanged honorary
memberships and will work together to further this
specialty collecting area.
Information about either or both of the organizations
may be obtained from Vero at 2 Carvel Rd., Annapolis,
Md. 21401.
NOTICE
TO ALL SPMC MEMBERS—please note that enclosed
with the #72 issue is a 2nd notice for the payment of dues.
It is VERY IMPORTANT FOR ALL MEMBERS TO
PUT HIS FULL NAME, COMPLETE ADDRESS AND
MOST IMPORTANT, his SPMC membership number on the
dues notice.
If any member does not know his number, it can be
taken from the mailing envelope which you receive PAPER
MONEY. Or you can just clip out your name and address,
which has the number can tape to the dues notice.
Also, please note that DUES ARE $10.00, not $8.00, as
in the past, #71 issue (Sept./Oct.) incorrectly showed dues
as being $8.00, however, on the dues notice it is shown as
$10.00.
Your help during this time will greatly assist the
Treasurer and Secretary and will make our job a lot easier
and you will get your 1978 membership cards a lot sooner.
Harry G. Wigington, Secretary
Page 368
Paper Money
MORMON-SCOUT-OLD newspapers-documents wanted. Large
quantities only. Harry L. Strauss, Jr., Box 321, Peekskill, NY
10566 (74)
Illil■ 1 MOnf101
101. 1011
ith. All mar
LOW NUMBERED $5 FRN 1974 Block F-D. All notes CU and
under F00000200D. Would like to trade for my wants. Bob
Azpiazu, Jr., P.O. Box 1433, Hialeah, Florida 33011 (75)
WANTED WELLS FARGO 2nd competitor banks, fiscal
documents, Certificates of Deposit, Bills of Exchange, Sight Drafts,
checks. Anything to do with California gold rush. Steve Meier, 135
E. Lomita Blvd., Carson, CA 90745 (73)
SPRINKLE WANTS CERTIFICATES uncut sheets, bonds, scrip,
checks. Have beautiful antique elk's tooth watch fob available. Price
$28.50. Frank Sprinkle, Box 864, Bluefield, WV 24701
WANTED: NOWATA, OKLAHOMA large size nationals. Buy or
trade. James Sneed, 11706 Quartz Ave., Fountain Valley, CA
97208.
WANTED F-54, 2.00, 1880 L.T. note V.F. Pay full catalog $250.00.
Will pay more for better grade. Please write: George Tamboli, No.
4581, 154 Glendale St., Everett, MA 02149 (73)
WANTED: NEW YORK and Puerto Rico 1929 National Bank Notes
small size. Will buy, or trade gold coins, and 1932-D and S-25¢.
Walter Siegel, 31-45 70 St., Jackson Hgts, NY 11370 (74)
SMALL SIZE NATIONALS wanted. Any state. Write first, all
letters answered. Frank Bennett, 6480 NW 22 Court, Margate, FL
33063 (72)
FRACTIONAL TYPE NOTES wanted in superb condition; 1st and
2nd issues, Spinners, Fessenden, Justice and Meredith, green seal.
Henry Schlesinger, 415 East 52nd St., New York, NY 10022 (73)
OLD STOCK CERTIFICATES! Catalog plus 3 beautiful certificates
$2. Also eager to buy any quantity. Ken Prag, Box 531PM,
Burlingame, California 94010 (80)
CURRENCY MAIL BID, (Monthly) Nationals, Large, Small, Types
Large. Over 200 notes. Many C.U.'s. Write for List. ANA. SPMC.
PMCM. Ed's Crrrency, Box 7295, Louisville, KY 40207 (74)
WANTED FACIMILE NOTES with advertisements for patent
medicines or dentistry. Also need pharmaceutical scrip. Ben Z.
Swanson Jr., Box 679, Carswell A.F.B., Ft. Worth TX 76127 (81)
WANTED: GILLESPIE NATIONAL BANK, Gillespie, Illinois,
Charter Number 7903 notes. Large or small size, any denomination,
any condition. Robert Gillespie, 433 Surrey Dr., Lancaster, PA
17601 (73)
Paper money will accept classified advertising from members only
on a basis of 5¢ per word, with a minimum charge of $1.00. The
primary purpose of the ads is to assist members in exchanging,
buying, selling, or locating specialized material and disposing of
duplicates. Copy must be non-commercial in nature. Copy must be
legibly printed or typed, accompanied by prepayment made payable
to the Society of Paper Money Collectors, and reach the Editor,
Doug Watson, Box 127, Scandinavia, WI 54977 by the first of the
month preceding the month of issue (i.e., Dec. 1, 1976 for Jan.
1977 issue). Word count: Name and address will count for five
words. All other words and abbreviations, figure combinations and
intitals counted as separate words. No check copies. 10% discount
for four or more insertions of the same copy. Sample ad and word
count:
WANTED: CONFEDERATE FACSIMILES by Upham for cash or
trade for FRN block letters, $1 SC, U.S. obsolete. John Q. Member,
000 Last St., New York, N.Y. 10015.
(22 words; S1; SC; U.S.; FRN counted as one word each)
RADAR AND REPEATER Notes Wanted: ( need many different
Blocks, specially star notes. Will buy or trade. $1 and $2 FRN's
only. All letters answered. Bob Azpiazu, Jr., P.O. Box 1433, Hialiah,
Florida 33011 (76)
WANTED: STOCK CERTIFICATES and bonds—all types—any
quantity. Please write—I'm eager to buy! Ken Prag, Box 431PM,
Hawthorne, California 90250 (74)
NEW JERSEY OBSOLETE (Broken Bank) notes, sheets, scrip and
checks wanted for my collection. I have some duplicates for trade.
John J. Merrigan Jr., 2 Alexandria Drive, East Hanover, N.J.
07936 (79)
WANTED RUSSIA paper money issued in period 1769-1896
inclusive. Submit list indicating denomination, year of issue,
condition and price desired, or ship notes registered for our offer.
274 Byckoff, Box 786. Bryte, CA 95605. (73)
WANTED: NEW HAMPSHIRE Colonial, Obsolete and Nationals.
Also Second Charter $100 National from any state. Will buy or
trade my Vermont Nationals, General Kenneth Stiles, Orford, NH
03777 (74)
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 (74)
WANTED: GEORGIA OBSOLETE currency, scrip. Will pay fair
prices. Especially want—city, county issues, Atlanta Bank, Bank of
Athens, Ga., R.R. Banking, Bank of Fulton, Bank of Darien, Pigeon
Roost Mining, Monroe R.R. Banking, Bank of Hawkinsville, La
Grange Bank, Bank of Macon, Central Bank Miledgeville,
Ruckersville Banking Co., Bank of St. Marys, Bank of U.S., Central
R.R., Marine Bank, Cotton Planters Bank. Many other issues
wanted. Please write for list. I will sell duplicates. Claud Murphy,
Jr., Box 921, Decatur, GA 30031. (73)
WANTED: CONFEDERATE CURRENCY. I am an active buyer
who appreciates fine quality material. I am also very interested in
purchasing Slave Bills of Sale and other related documents. Wayne
T.Hahn, 2719 Morris Ave., Bronx, N.Y. 10468 (75)
8-PAGE price-list $1. Wanted to buy or trade CU or circulated
short-run FRN serials over 99840000 also $2 stars and error notes.
James Seville, Drawer 866, Statesville, NC 28677 (73)
10 PAGE CATALOG of $1.00 FRNs ... blocks, stars, singles,
groups, specialties and others, each itemized by serial number. Price
$1.25. Include your want list for items not yet listed ... Discount
for your duplicates! Trades considered. Ed Zegers, 11804 Pittson
Road PM-1, Wheaton, MD 20906 (75)
NOTICE-PAPER SCRIP $1.00 each. Gilliam Coal Company: $3.00,
$5.00, $10.00. New River Pocahontas Stores: $5.00, $10.00,
$25.00. Graham Company: $5.00, $10.00, $15.00, $20.00. Frank
Sprinkle, Box 864, Bluefield, WV 24701
WANTED
!KANSAS NATIONALS
TYPE NOTES WANTED
Any Original Series 510 V.G. or better pay . . . . 700
Any Original Series $20 V.G. or better pay . . . . 900
Any Series of 1875 $50 V.G. or better pay . . . .2500
Any Series of 1875 $100 V.G. or better pay
. . .2500
Any Brown Back $100 V.G. or better pay
900
Any 1882 Dated Back $50 V.G. or better pay . .1000
Any 1929 Type II $50 V.G. or better pay
700
CHARTER NUMBERS WANTED
We will pay $350 for any of the following Charter
Numbers, any type in VG or better.
#1448 #3066 #3521 #3706 #3833 #6326
#1732 #3090 #3524 #3726 #3835 #6333
#1828 #3108 #3531 #3737 #3844 #6392
#1838 #3148 #3542 #3745 #3852 #7218
#1913 #3194 #3559 #3748 #3853 #7412
#1927 #3199 #3563 #3751 #3861 #7535
#1957 #3213 #3564 #3756 #3880 #8107
#2001 #3249 #3567 #3758 #3888 #8308
#2192 #.3265 #3569 #3759 #3900 #8339
#2427 #3277 #3577 #3769 #3928 #8357
#2538 #3360 #3594 #3775 #3963 #8525
#2640 #3384 #3596 #3776 #3970 #8974
#2809 #3386 #3612 #3787 #3992 #9097
#2879 #3394 #3630 #3790 #4032 #10902
#2954 #3431 #3649 #3791 #4036 #11047
#2973 #3440 #3657 #3795 #4150 #11154
#2990 #3443 #3658 #3803 #4283 #11887
#3002 #3473 #3667 #3805 #4317 #14163
#3018 #3509 #3695 #3307 #4619
#3035 #3512 #3703 #3812 #6072
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
ti$01,7, INNN
it ,ittE COIN% Vi C.
P. 0.80X 3140 • 2854 W.47TH STREET
KANSAS CITY, KANSAS 66103
0.. PHONE 913-236-7171
Whole No. 72 Page 369
WANTED: Xerox copies, or full-size photographs; notes of S.W. &
W.A. Torrey, dated 1861. Will compensate for same. Quantities
needed for basic research project. W.S. Dewey, 11B Snowberry
Lane, Whiting, NJ 08759 (72)
WANTED OBSOLETE CURRENCY of the Merchants and Planters
Bank of Savannah, Georgia. Please describe and price in first letter.
Gary Hacker, 2710 Overhill Road, Pekin, IL 61554 (73)
WANTED IN GEM CONDITION: $5, $10, $20 Hawaii overprints;
510 North Africa yellow seal. Large size type notes: F-40, F-57/60,
F91, F793, F1173. Henry Schlesinger, 415 East 52nd St., New
York, NY 10022 (75)
CONFEDERATE NOTES AND BONDS, Southern States and
Obsolete notes for sale. Our latest list available for large SASE. We
want to buy also! Ann & Hugh Shull, 246 McDonnel Sq., Biloxi,
MS 39531 (73)
STOCK CERTIFICATES, BONDS, U.S., foreign. 1 to 1,000,000
wanted. Describe, give quantity available, asking price. Clinton
Hollins, Box 112, Dept. J24, Springfield, VA 22150 (75)
STOCK CERTIFICATES, 12 different 52.95, 50 different $14.95.
Old checks, 24 different $2.90, 100 different $14.90. List 254.
Hollins, Box 112, Dept. J23, Springfield, VA 22150 (75)
WANTED: State of Georgia Criswell #9 and #10. Pay minimum of
5300.00 each for fine condition. More for higher grades. Also can
use #16, #17, and #20. Always interested in better Georgia material.
Claud Murphy Jr., Box 921, Decatur, GA 30031. 75
PRESIDENT'S MESSAGE
Continued from page 362
Or is it finished? Sorry to report, it is not. Now the
manuscript must be set into type. For this we are blessed
by Krause Publications who set it for us in slack periods.
No Charge!! Praise Be!! Then, after we scrape up the
money, off to the printer and a new baby is produced and
launched.
If this sounds complicated and drawn out—it is. It has
worked in the past because several people spent a lot of
dedicated effort to make it work: Richard Hoober as
project coordinator and George Wait as chief reviewer.
Now, however, George needs to be relieved of this chore
and Dick, who has been Coordinator for 13 years, also.
Fresh energies are required. These two have tremendous
knowledge on obsolete notes and it seems wise to relieve
them of these tasks so they will devote more time to
writing and compiling.
At the Atlanta convention, we decided to move the
project director mantles to a new pair of shoulders.
The broadest and most capable we could possibly find
are those of Wendell Wolka, board member, Indiana
researcher, and one of our hardest working members—
bar none. I know the years of effort by George and Dick
will not have been lost and that the book project will
receive new energetic direction.
You can do your part by buying one of each our our
books and placing it in your library. In addition to being a
good buy, it will help your society in funding future
projects. Don't wait. Do it now!
ANA SPMC
F.U.N.
CURRENCY & CARTWHEELS
George A. Rackensperger
P.O. Box 531 Maitland, Florida 32751
1902 ND #1193 $10 New Milford, CN F $80
1902 ND #9007 $10 Pensacola, Fla. F $280
1902 DB #10136 $5 Heard National F+
Jacksonville, FL (Rare) $725
1902 ND #4949 $20 Tampa, FL F $265
1902 ND #7243 $10 Graceville, FL
Ext. Rare,
Weak Sign. F $925
1929 TY1 #3497 $10 Tampa, FL VG $38
1902 ND #1384 $20 Baltimore, MD F $85
1902 ND #318 $10 Concord, N.H. VG $65
1902 DB #E1209 $10 Camden, N.J. VF $90
1882 BB #1394 $20 Amer. Exc. Bank
N.Y.C. VF+ $175
1902 ND #123000 $10 Hamilton Nat'l,
N.Y. VG/F $35
1902 ND #1064 $10 London, Ohio VF $170
1902 Red #M242 $10 Irontown, Ohio
Seal Sign. Corrosion F $250
1902 DB #546 $5 Germantown, Pa. F $65
1902 ND #5044 $20 Grove City, Pa.
Stamped on Rev. VG $40
1902 DB #E4445 $10 Waynesboro, Pa.
Stamped on Rev. VG $60
1902 ND #11841 $10 Shoemakersville,
Pa. (Rare) F $225
1902 ND #1652 $5 San Antonio, TX F+ $175
1902ND #7256 $20 Ogden, Utah
Weak Sign. VF $225
1902 ND #555 $20 Fond du Lac, VVI F $75
1902 ND #6853 $5 Milwaukee, WI F+ $55
1902 ND #6853 $10 Milwaukee,Wl F+ $60
1902 TY1 #2188 $10 Evanston, Ind. VF $75
Florida residents please add 4% Sales Tax. Subject to Prior Sale.
Satisfaction guaranteed. Seven day return privilege. Please allow
sufficient time for personal checks to clear. Florida notes accepted
in trade for other states.
ARE YOU ON OUR MAILING LIST?
COLONIAL PAPER MONEY
& COINS
WE OFFER: A BIMONTHLY MAIL BID SALE
A FIXED PRICE LIST
COMMISSION AGENT AT AUCTIONS
WE SOLICIT YOUR WANTS, WE WILL BUY COLLECTIONS
•—•
J.J.
TEA PARTY
BOSTON
Address your inquiries to
Ed. Leventhal Yo J. J. Teaparty
MEMBER P.N.G. ANA SPMC
43 BROMFIELD ST BOSTON MA 02108
Page 3 70
Paper Money
Whole No. 72
Page 3 71
SPECIAL OFFER
FOR S.P.M.C. MEMBERS
CHUCK O'DONNEL'S
1977
SIXTH EDITION
THE
STANDARD HANDBOOK
of
MODERN UNITED STATES
PAPER MONEY
7.7 15M0
SIXTH EDITIO.
THE
of
IODERN UN/TED srArr ,
1"A PER MON h";
ALL YOU
WANTED TO KNOW
ABOUT
MODERN
U.S. PAPER MONEY
BUT DIDN'T KNOW
WHO TO ASK
Member's Price $10
RETAIL PRICE $15.00
HARRY J. FORMAN, INC.
Phone 215-224-4412
P.O. BOX 5756 PHILADELPHIA, PA 19120
All advertising deadlines are
absolute a must be adhered to, so
please do not ask for an extension.
Ads received after deadline -
even one day - will be held for the
following issue. Mail bid deadlines
should be a minimum of six weeks
following mailing date.
Page 372
Fractional
Currency
selling:
High quality and/or scarce notes, fully
described and attributed. New list
available on request, or send your want
list.
buying:
Nice condition fractional and/or related
material, etc. Write first, with description.
Tom Knebl, ANA, SPMC, NASC, CSNA.
Classic
dept. P
Box 5043
Santa Ana, Calif. 92704
Paper Money
96491IIIES
To
REMEMBER
ISSUE DATES AD DEADLINES MAILING DATE
74 - Mar/Apr Feb 1 Feb 22
75 - May/June April 1 Apr 22
76 - July/Aug June 1 June 22
77 - Sept/Oct Aug 1 Aug 22
78 - Nov/Dec Oct 2 Oct 23
OBSOLETE CURRENCY
NEW JERSEY
10¢ Burlington Merchants Scrip.
Similar to Wait #249. Unsigned,
Printed in Green. Punch Holes at
Signature. CU $39.00
25d Burlington, Similar to Above.
Printed in Black. Signed by
Dutton and Mickle? VG $48.00
Si. Egg Harbor Bank. Waite #516 VG $6.00
Si. Hudson River Bank, Hoboken.
Waite #796 Rarity 6 VG $49.00
100 O.H. Wheeler, Hudson River Bank.
Hoboken. Wait #824 VG $17.00
$5. Morris Canal & Banking Co.,
Jersey City. Wait #988 Good $7.00
$2. Farmers & Merchants Bank of
Middletown Point. Wait #1138
Tear at Left. $45.00
$10. State Bank at Newark. Wait
#1579 Rarity 6 Ragged $13.00
Si. State Bank at New Brunswick.
Wait #1681 AU $4.50
S5. Commercial Bank, Perth Amboy. Poor
Wait #1970 Mounted. Condition $19.00
5,10,25,50d Salem Glass Works. Wait
#2170-72-74-76 CU Each $18.00
121/20 Phoenix Manufacturing Co.,
Trenton. Wait #2352. Tear at
Top With Small Piece Missing. Fine $29.00
Si. Merchants Bank, Trenton, Wait
#2342 Good $12.00
NEW YORK
$3. Canal Bank of Albany. 1845 VG $11.50
$2. New York State Bank, Albany.
N372 1812. 3 Little Pieces
Missing at Edges. VG $9.00
$5. Bank of Amsterdam. Nov. 20,
1860 VG $16.00
S3. Bank of Corning. July 5, 1846 Fine $17.00
$1. Bank of Hudson H806 1817 AU $15.00
25d Leroy, NY Merchants Scrip.
Unsigned. AU $13.00
$5. Exchange Bank at Lockport.
E1004 VF $12.00
$1. Lewis County Bank, Martinsburgh.
1853 VG $10.00
$3. Merchants Exchange Bank, New
York. Altered From Wash. D.C.
Bank Note. Repair, Corner
Missing. Good $13.00
ORDERING INSTRUCTIONS
1-All material guaranteed as described. Seven day return included.
2-All orders mailed insured at no extra cost.
3-Phone calls will reserve notes. 6-10 PM EST only.
4-Money orders and cashiers checks preferred.
WANTED: All obsolete currency, large type notes and all nationals.
ARMAND SHANK
,
JR.
BOX 233, LUTHERVILLE, MD. 21093
301-666-7369 EVENINGS ONLY
Whole No. 72 Page 373
WHY NOT?
CONSIDER: $1 SILVER CERTIFICATE
BLOCK COLLECTING
10 DIFFERENT TYPES — 1935A, 1935C, 1935D(W), 1935D(N), 1935E, 1935F, 1935G, 1957,
1957A, 1957B — Includes 3 STAR notes. ALL 10 with matching ending number
CU $29.95
10 DIFFERENT TYPES — (Same as above)
EF & AU $18.95
50 DIFFERENT BLOCKS — Well Mixed, 1935A, 1935C, 1935D(W), 19350(N), 1935E, 1935F,
1935G(NM) & (M), 1935H, 1957, 1957A, 1957B — Includes 5 STAR notes — PLUS a 1928 and
a 1928A with two matching ending numbers CU $134.95
50 DIFFERENT BLOCKS — (Same as above) $50. Face Value!
EF & AU $86.95
100 DIFFERENT BLOCKS — Twice as many Blocks in the series listed above, PLUS more STARS
and more of the difficult blocks in the series 1935A, 1935C, 1935D, 1935E. — Also, includes the
1928 and 1928A with two matching ending numbers! CU $279.95
EF and AU $179.95
ADD — These $5 and $10 SILVER CERTIFICATES to your collection
$ 5 SC 1934A, 1934C, 1934D in CU $10.95 — ALL 3
$ 5 SC 1934B (Catalogs at $35.00)
$ 5 SC 1934A North Africa (Yellow Seal)
$10 SC 1934C and 1934D — The Pair
$10 SC 1953B (Catalogs at $50.00)
CU $30.00
CU 25.00
CU 35.00
CU 50.00
CU 25.00
Ole Notes at Ole Prices!
All Blue Seals with Historical Signatures
Scarce Blocks and STARS also available
Order or Call Early — Large Stock, but still limited
Silver Certificate checklist available for Large SASE — one will be sent with your order.
Full Return Privileges Postage Appreciated
GRAEME M. TON, JR.
SPMC, PMCA, ANA
203 47th Street
Gulfport, Miss. 39501 (601) 864-5244
Page 374
Paper Money
WANTED WANTED
Punch cancelled specimen notes.
Cartooned franctional notes or information
regarding their original source.
Please price and describe (photo copy).
ANA 2
9672 ROCKY ROCKHOCT SPMC 1352
2600 GERSHWIN AVE. N. ST. PAUL, MINN. 55119
612-777-7248 (evenings)
NOTICE!!--NOTICE!!
As Exclusive Distributor we are pleased to announce Now Available — Completely Revised and Updated
The Comprensive Catalog of U.S. PAPER MONEY
by Gene Hessler
Leading scholar and ex-director Chase Manhattan Bank Money Museum
Up to date 2nd edition of this fine book, hot off the press. Available for immediate delivery. Over 500 pages, hardcovered,
well illustrated with over 700 photos, important details, current values. Includes:
• History of Paper Money
• Demand Notes
• Legal Tender Issues
• Interest Bearing Notes
• National Bank Notes
• Federal Reserve Notes
• Error Notes
• Food Stamps
• Counterfeit Notes
• Fractional Currency
• Encased Postage Stamps
• Uncut Sheets
• BPE Souvenir Sheets
• Military Currency
• Military Payment Certificates
• Paper Money Used Outside U.S.
and the Cleaning and Care
of Paper Money
ALL FOR $25.00 POSTPAID
Write TODAY for our free list of books on Paper Money coins, medals, tokens. Specify interests
SANFORD J. DURST
133 East 58th Street, New York, NY 10022
Dealers Inquirires Invited
Whole No. 72 Page 375
WANTED
CONTINENTAL CURRENCY
WITH THE
FOLLOWING SIGNATURES
Adcock, Wm.
Alexander, Chas.
Anderson, J.
Bass, Robt.
Brown, G.
Bryson, Jas.
Buchanan, R.
Clarkson, John
Copperthwait, Geo.
Copperthwait, Jos.
Cranch, N.
Creery, Dennis
Dorsey, Caleb
Douglass, Wm.
Eichelberger, Geo.
Ellis, Jos.
Eyres, Henry
Gaither, Edw.
Grier, G.
Hahn, M.
Hart, Thos.
Hazlewood, John
Hitt, Dan
Houston, J.
Humphreys, Richd.
Irwin, Robt.
Keppele, John
Lardner, Jn.
Leiper, Thos.
Lester, G.L.
Lewis, F. Jr.
Limen, W.
Lingrington, Nj.
Loughead, Jas.
Lux, Wm.
Mitchel, C.
Momegan, W.
Nesbit, Alex
Paisley, I.
Patton, Robt.
Phile, Fred
Reintzel, D.
Royson, Jas.
Ryves, E.
Schaffer, David, Jr.
Scott, Wm.
Shoemaker, Chas.
Short, J.
Smith, B.P.
Stewart, D.
Stringer, R.
Strong, Matthew
Summers, D.
Thompson, Jas.
Wade, F.
Warren, Thos.
Wharton, Jas.
Wharton, Jos.
Wilson, Jas.
Wister, Jos.
Wright, Jno.
SPMC JOSEPH R. LASSER ..076578
(301) 585-8467
522 FIFTH AVE., NEW YORK, N.Y. 10036
WANTED
OBSOLETE PAPER MONEY
(Bank Notes, Script, Warrants, Drafts)
of the AMERICAN WEST
Oregon, California, Idaho, Nevada,
Arizona, Utah, Montana, New Mexico,
Colorado, Dakota, Deseret, Indian,
Jefferson Territories!
Cash paid, or fine Obsolete Paper traded.
Have Proof notes from most states, individual rarities,
seldom seen denominationals, Kirtlands, topicals;
Colonial, Continental; CSA, Southern States notes and
bonds. Also have duplicate Western rarities for
advantageous trade.
JOHN J. FORD, JR.
P.O. BOX 33, ROCKVILLE CENTRE, N.Y. 11571
SELL HARRY
YOUR MISTAKES
Harry wants to buy
Currency Errors
Also Interested in Buying
Nationals ... Large and Small size
Uncut Sheets
Red Seals
Type Notes
Unusual Serial numbers
HARRY E. JONES
PO Box 42043
Cleveland, Ohio 44142
216-884-0701
1101.16:41
SMALL-SIZE
MASSACHUSETTS NATIONAL CURRENCY
WANTED
#1386 Abington #268 Merrimac
#462 Adams #13855 Millbury
#4562 Adams #383 Northampton
#1049 Amesbury #1260 • Pittsfield
#2172 Athol #779 Plymouth
#3073 Ayer #4488 Reading
#684 Milton-Boston #2288 Spencer
#11347 Braintree #2435 • Springfield
#11270 Chelsea #1170 aw Stockbridge
#14087 Chelsea #688 Waltham
#7452 Danvers #2312 Webster
#7957 Edgarton #13780 Webster
#9426 Foxboro #769 • Whitinsville
#14266 Haverhill #4660 Whitman
#13395 Hyannis #11067 • Woburn
#697 Lynn #14033 Woburn
#4580 Lynn #516 Yarmouth
Those notes with dots indicate large size notes for trade
JOHN R. PALM
6389 ST. JOHN'S DRIVE
EDEN PRAIRIE, MINN. 53344
FLORIDA NOTES
WANTED
ALL SERIES
Also
A Good Stock
Of Notes
Available
P. 0. BOX 1358, WARREN HENDERSON VENICE, FLA. 33595
INVM4InknOMX*V.tv,MoASIWWWO,SIVIk
Page 376
Paper Money
Whole No. 72 Page 377
HOUSTON
HERITAGE COLLECTION
of
NATIONAL BANK NOTES
130 pages (81/2 x 11) full of facts and figures on the 22 National Banks of Houston,
from 1863 thru 1935. Listing 92 notes (63 large and 29 small size). Over 50 notes
illustrated and many pictures of bank officers and buildings. Carefully researched and
authoritative.
$17.50 per copy, plus $2.50 packing and postage.
Make check payable to
BILL LOGAN
518 Pine Shadows Houston, Tx 77056
S. P. M. C. #3209 A.N.A. life member #390
Pa) jeotp
National Bank Currency
eutta.1/zre;)
We are interested in small and large nationals of
these towns in Bergen county:
Allendale
Bergenfield
Bogota
Carlstadt
Cl if fside Park
Closter
Dumont
Engelwood
Edgewater
Fairview
Fort Lee
Garfield
Glen Rock
Hackensack
Hillsdale
Leonia
Little Ferry
Lodi
Lyndhurst
North Arlington
Palisades Park
Park Ridge
Ridgefield
Ridgefield Park
Ridgewood
Rutherford
Ramsey
Teaneck
Tenafly
Westwood
Wyckoff
West Englewood
Cafstern Coin excliange Inc
ANA LM 709
PH. 201-342-8170
72 Anderson Street Hackensack, N.J. 07601
Collector/Dealer Since 1935
SPMC #38
WANTED
Large-Size Wisconsin
National Bank Notes
Universal Numismatics Corp.
FLOYD 0 JANNEY LM No 415
P.O. BOX 443
RICHLAND CENTER, WI 53581
Society Certified Professional Numismatists
FOR SALE
MASSACHUSETT
NATIONALS
SMALL TOWNS - SOUTHEASTERN AREA
SOME TYPE NOTES
COLLECTION OR SINGLES
RINATS
Box 33 ASHTON, RHODE ISLAND 02864
WANTED
1. D. C. Obsolete Currency
2. Small Size Currency with Serial
numbers 00000081, 00000082,
00000084
3. Also wanted D. C. Nationals
4. Buying Maryland Colonial Notes
Julian Leidman
8439 Georgia Avenue, Silver Springs, Md. 20910
(3011 585-8467 .151111
FOR SALE CURRENCY FOR SALE
U.S.A.
LARGE & SMALL SIZE CURRENCY
INCLUDING:
NATIONAL CURRENCY
OBSOLETE CURRENCY
RADAR &
FANCY SERIAL NUMBER NOTES
"ERROR" NOTES
& OTHER TYPES
LARGE MAIL LISTING AVAILABLE FOR
A LARGE-SIZE, SELF-ADDRESSED
STAMPED ENVELOPE.
10-DAY RETURN PRIVILEGE.
YOUR SATISFACTION
GUARANTEED .
ROBERT A. CONDO
P.O. BOX 305 — DRAYTON PLAINS, MI 48020
Page 378
Paper Money
COLONIAL and
CONTINENTAL CURRENCY
Always Buying - Rare and Common
Any Quantity
Selling - Free List Available
DAVID SONDERMAN
Box 1070, New Haven Ct. 06504
WANTED TO BUY
PENNSYLVANIA NATIONALS
Athens #1094 Troy #8849
Montrose #2223 Hughesville #8924
Wellsborough #3938 New Milford #8960
Dushore #4505 Canton #9317
Athens #4915 Ulster #9505
Coudersport #4948 Hop Bottom #9647
Troy #4984 Knoxville #9978
Wyalusing #5339 E. Smithfield #10042
Sayre #5666 Rome #10245
Le Raysville #6350 Liberty #11127
Shingle House #6799 Picture Rocks #11643
Gale ton #7280 Austin #12562
Ulysses #8737 Monroeton #12597
Mansfield #8831 Mansfield #1 3618
Laceyville #8845
GERALD WARNER
R.D. 3 TROY, PA 16947
PHONE 717-297-2780
ANA R-069396 SPMC 4790
2-78
SMALL SIZE
MINNESOTA NATIONAL CURRENCY
WANTED
CANBY, 1st Nat. B. #6366
COLD SPRINGS, 1st Nat. B. #8051
• COTTONWOOD, 1st Nat. B. #6584
GRAND MEADOW, 1st Nat. B. #6933
HENDRICKS, 1st Nat. B. #6468
KERKHOVEN, 1st Nat. B. #11365
• LANESBORO, 1st Nat. B. #10507
• MADISON, 1st Nat. B. #6795
• MANKATO, Nat. B. Commerce #6519
Mcl NTOSH, 1st Nat. B. #6488
MINNESOTA LAKE, Farmers Nat. B. #6532
• 0SAKIS, 1st Nat. B. #6837
• PIPESTONE, Pipestone Nat. B. #10936
• SAUK CENTER, 1st Nat. B. 3155
• WENDALL, 1st Nat. B. #10898
Those notes with dots indicate large size notes for trade.
JOHN R. PALM
6389 ST. JOHN'S DRIVE
EDEN PRAIRIE, MINN. 55344
NEW BOOKS
BY G. W. WAIT
NEW JERSEY'S MONEY
450 pages, 450 illustrations
SPMC price $15.00—postpaid;
other $18.50.
Order from:
Newark Museum Associates
49 Washington Street
Newark, New Jersey 07101
MAIN OBSOLETE PAPER MONEY AND SCRIP
268 pages, 247 illustrations
SPMC price $10.00 postpaid;
others $14.50
Order from:
Society of Paper Money Collectors
Box 858
Anderson, South Carolina 29621
Above books are also available from the author at:
Box 165
Glen Ridge, New Jersey 07028
NATIONAL CURRENCY
1882 B/B $20 #2886 Des Moines, Ia G/VG
175.00
1882 B/B $20 #1686 Farbault, Mn VF
375.00
1902 $10 #9403 Salt Lake City, Ut Good
125.00
1902 $20 #4137 Marinette, Wi VG/F
45.00
1902 $5 #474 Greenfield, Ma VG
35.00
1902 $10 #W3450 Trinidad, Co VF
250.00
1902 $20 #P3655 La Grande, Or VF
235.00
1902 $20 #7474 Bellingham, Wa XF
145.00
1929 $20 #8694 Yoakum, Tx VF/XF
135.00
1929 $10 #4446 Port Huron, Mi F/VF
45.00
1929 $20 #3355 Yakima, Wa Fine 47.50
1929 $20 T2 #3417 Tacoma, Wa XF/ AU
65.00
1929 820 #9207 Littlestown, Pa XF/AU
57.50
1929 $20 #912 Manheim, Pa VF/XF
57.50
1929 $10 #3001 Stevens Pt, Wi F/VF
57.50
1929 $10 #2597 Ogden, Ut VF/XF
75.00
1929 $20 #4287 Tucson, Az VF
150.00
1929 $10 #3072 Clay Center, Ks VG
67.50
1929 $20 #3778 Chippewa Falls, Wi VG
85.00
1929 $20 #4301 Corvallis, Or VG
95.00
1929 $10 #8104 Colville, Wash. AU
335.00
1929 $20 #3161 Darlington, Wi VF/XF
110.00
1929 $20 #64 Milwaukee, Wi VF
29.00
1929 $20 #6604 Oshkosh, Wi Fine 75.00
Satisfaction guaranteed. Seven day return privilege.
Bank cards welcome, please send the information as it
appears on your bank card, Member ANA-SPMC.
AURORA COIN SHOP
507 3rd Ave. #5-PM Seattle, Wash. 98104
Phone 206-283-2626
Page 380
Paper Money
Whole No. 72 Page 381
BANKNOTES ARE
OUR BUSINESS
IF YOU ARE SELLING:
We are seriously interested in acquiring large
size and scarcer small size United States paper
money. We are interested in single items as well
as extensive collections. We are especially in
need of national bank notes and we also buy
foreign paper money. If you have a collection
which includes both paper money and coins, it
may prove in your best financial interest to
obtain a separate bid from us on your paper
money as we deal exclusively and full time in
paper money. We will fly to purchase if your
holdings warrant.
IF YOU ARE BUYING:
We issue periodic extensive lists of U.S. paper
money, both large size, small size and
fractional. Our next list is yours for the asking.
The VAULT
Frank A. Nowak SPMC 833
P. 0. Box 2283 Prescott, Ariz. 86302
Phone (602) 445-2930
Member of: ANA, PMCM, CPMS
THERE COMES A TIME.. .
.when every collector decides to thin out or
liquidate his collection. Parting with memorable
and interesting material is never easy, and in most
cases the collector will not ever know the new
owner of his material. Selling or auctioning to
"unknown parties" until now was about the only
choice he had.
Now there is a better choice! Your material can
be integrated into the largest active collection of
New England obsolete notes being assembled
today. Your material will still remain available for
exhibit and research purposes. Selling your
collection or duplicates to someone who knows
and appreciates that material is the better choice!
Paying generously for nice material. Please
contact me. I know you will be glad you did!
Specializing in obsolete and broken bank notes
and scrip of the New England States. Duplicates
for sale or trade-will send on approval.
C. JOHN FERRERI
P. 0. BOX #33, STORRS, CONN. 06268
A.N.A. 1-203-429-6970 SPMC
Continental and Fractional
Currency
FRACTIONAL CURRENCY 1265 5.00 1332 42.50
FINE VF EF AU UNC 1266 7.50 9.50 12.50 17.50 1334 17,50
1226 12.50 17.50 30.00 1267 30.00 55.00 1375 65.00 90.00
1229 15.00 1268 30 00 37.50 1376 9.50 17.50 27.50
1230 9.50 1281 25.00 35.00 1381 12.50 17.50 22.50 35.00
1231 35.00 1282 30.00 50.00 1313 Flom Shleld , pair 25.00
1232 22.50 32.50 1283 9.50 1314--SP, OBV. 25.00
1233 12.50 10.50 1284 25.00 1255-SP, OBV., REV., Narrow 60.00
1239 45.00 1286 12.50 25 00
1241 22,50 35.00 1287a RARE 5495.
1242 12.50 17.50 1295 25.00 CONTINENTAL CURRENCY
1244 15.00 25.00 1301 35.00 DENOM ISSUED COND PRICE
1245 20.00 1302 12.50 35.00 1 65 2-27-76 VG 12.00
1246 15.00 22.50 1303 25.00 4S 11-29-75 FINE 15.00
1251 40 . 00 1307 9.50 25.00 35.00 7S 5-9-76 VG 15.00
1253 17.50 1309 5.00 9.50 12.50 20.00 7S 7-22 76 VG 12.00
1255 7.50 12.50 16.00 20.00 25.00 1310 75.00 30S 226-77 EF 65.00
1256 7.50 12.50 17.50 1311 95.00 40S 9-29-78 OF 35.00
1257 22.50 1312 60.00 30S 6-1479 AU 65.00
1258 25.00 1314 S150. (VG) SS, 30S, 8,S, 30S- Ull.lt srop of foil, F..ht . 26,
1259 14 00 1315a 75.00 (VG1 1777, AU UNC P.O.R. Each of
thp fom 'lotus Is
1264 7.50 12.50 17.50 1330A SPECIMEN 85.00 sly.,1 aiul flunth,■.3.
Orders over 100.00 postpaid; under add 50(t
Donald E. Embury
P 0 BOX 61 WILMINGTON, CALIFORNIA 90748
SPMC 3791
L
Page 382 Paper Money
For Sale For Sale For Sale
Buying, trading, and re-trading some notes previously sold has produced a few notes to offer for sale. This list contains
Nationals; Legal Tenders, Silver Certificates, etc. will follow in later issues of Paper Money:
FIRST CHARTER PERIOD
F385 $1, National Bank of North America,
Boston/672. Fine, Counting soil at right,
excellent pen signatures. BANK SERIAL #7
F416 $10, Same bank as above note. Bright XF
condition but showing a rear centerfold
F404 $5, First National Bank of Rondout,
NY/2493. Face VF, reverse slightly soiled
but this is a very respectable note.
Vice-Pres. signature
F404 $5, Green County National Bank of
Carrollton, IL/2390. XF, Excellent
pen signatures
F545 $10, National Fowler Bank of Lafayette, IN
/5889. Signatures faded, grading it About Fine $80
F555 $20, The Paris National Bank of Paris, MO
$130 /5794. These notes are much scarcer than the
$20 Brownbacks. Grades F-VF $175
$325
THIRD CHARTER PERIOD
F615 $10, Citizens National Bank of Green Bay,
$145 WI/3884. Just about Uncirculated but with
signs of counting $115
F624 $10, First National Bank of Minneapolis,
$280 MN/710. Bright and clean, VF or better $75
SECOND CHARTER PERIOD
F624 $10, First National Bank of Madison, IN/111.
Note is Fine or a bit better
$65
F474 $5, First National Bank of Attleboro,
MA/2232. Bright and clean; great for type
note. Has three vertical folds (no broken ink)
grading it VF+
F480 $10, Girard National Bank of Philadelphia
/592. Elaborate bank officer's signatures,
Close to AU
F487 $10, Marine National Bank of Pittsburgh, PA
/2237 (one of the scarcer Pittsburgh banks)
Bought as CU, Grading it AU
F624 $10, The Commercial National Bank of
Washington, DC/7446. Close at top, but
$130 bright and crisp Uncirculated $125
F635 $10, First Wisconsin National Bank of
Milwaukee/64. Bright AU, also close top $80
$185
F652 $20, First National Bank of Duluth, MN
/3626. Bright with a few handling wrinkles,
XF-AU
$125
$215
FEDERAL RESERVE BANK NOTE
F545 $10, National Shawmut Bank of Boston,
MA/5155. About VF
$125 F749 $2, Federal Reserve Bank of Boston, VF-XF $60
SPMC # 3240
WILLIAM P. KOSTER ANA #70083
8005 SOUTH CLIPPINGER DRIVE, CINCINNATI, OH 45243
Home: 513/561-5866 Office: 513/271-5100
HODGES AMERICAN BANK NOTE
SAFEGUARD REPRINTED
We are pleased to announce that HODGES AMERICAN BANK NOTE SAFEGUARD of 1864 has
— been reprinted. It is cloth bound and contains 352 pages listing over 10,000 genuine notes.
The 1864 edition was printed during the Civil War, so all Southern States were removed from the
book with the exception of Louisiana. In 1864 Louisiana was occupied by Union troops under
Butler.
We have added the Southern States listed in the 1863 edition of HODGES, making this reprint more
complete than any contemporary printing.
HODGES AMERICAN BANK NOTE SAFEGUARD - 1864
Lists over 10,000 notes - Available October 1977 $19.50*
THE DESCRIPTIVE REGISTER of GENUINE BANK NOTES
by Gwynne & Day 1862 - Available May 1977 $15.00*
Other titles will be announced later. All books are cloth bound.
PENNELL PUBLISHING COMPANY
P.O. Drawer 858
Anderson, South Carolina 29622
*S.C. residents add 4% S.C. sales tax.
WILLIAM P. DONLON
United States Paper Money
and Paper Money Supplies.
S.P.M. C. NO.74
DON LON
PAYS TOP DOLLAR
WANT CHOICE U.S. PAPER CURRENCY
WANT COMPLETE COLLECTIONS
OR DUPLICATES 1861-1923, 1929 NATIONALS
ALSO EMERGENCY AND EXPERIMENTAL SERIES
ERRORS AND MISPRINTS
SEND BY REGISTERED MAIL FOR BEST
POSSIBLE OFFER. IF OFFER IS NOT
ACCEPTED, YOUR NOTES WILL BE
RETURNED TO YOU PREPAID
NO OFFERS WITHOUT EXAMINATION
No Buying or Selling Lists available
SASE with all inquiries please
1977 Ed. "U.S. LARGE SIZE PAPER MONEY" 3.95
1977 "PAPER MONEY ERRORS" Price Guide 3.00
Nos. 2, 3, 4, 5, 6, $3. ea. Nos. 7, 8, 10, 11, $2.50 ea.
Includes Prices Realized. Nos. 1 and 9 sold out
P. 0. BOX 144 UTICA, NEW YORK 13503
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