Paper Money - Vol. IX, No. 3 - Whole No. 35 - Summer 1970


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Ei E., ,,, Paper #tene ,i3 ,..3 E`3 Ei Ei DEVOTED TO THE STUDY OF CURRENCY Ei Ei E1 Ei E It II Ei A( f):31-- ----,-- Ei aor Eli Die(.61 ; L.5,00f*/ - Ef 1,/i.i/i, /r/:1 ''/ %/, ii ' 4 / / 1.3 Es; the Civil War. This ten-cent note is one of a set de- The famed Parker House of Boston issued strip during Ei3 Ei scribed by Maurice Gould in his article on Page 107. Ea; Ei Ei Ei VOL. 9 1970 NO. 3 Ei Whole No. 35 1.3 Ei OFFICIAL PUBLICATION Ei OF Ei society el Paper !pokey Collector-1f i. Ei Ei (0 1970 by The Society of Paper Money Collectors, Inc. 113 Ei EDUCATIONAL SERIES NOTES 1896 $1, $2, $5 Silver Certificates, each a Choice Crisp Uncirculated Note. Truly our Most Beautiful Issue - True Americana at Its Finest. $1.00 "History Instructing Youth." Crisp New # $99.75, CN Superb (centered) $116.75 $2.00 "Science Presenting Steam and Electricity to Commerce and Industry." The Five Females Note. Crisp New # $329.75, CN Superb (centered) 369.75 $5.00 "Electricity Enlightening the World." Cr. New # $379.75, CN Superb (centered) 429.75 Complete Set (3), all Crisp New, Superb (centered) rite Another Set 131: all Crisp New # - Nice as the Day they were issued Another Set (3) : all Crisp New # (the $2 and $5 each have very faint, barely visible folds on reverse. Beautiful, Choice Set 5 Above Notes are housed in Plastic Holders, with Titles. 559.7 # Indicates not as well centered. RARE UNCUT SHEET SPECIALS Beautiful Crisp New Sheets. Move UP Your Collection to the "Blue Ribbon Winner" Class with these Rare Showpieces. Cat. Prices in ( I. Wanted-Sheets 4, 6, 12, 18, Fractional. SHEETS OF TWELVE SHEETS OF EIGHTEEN $1--Silver 1935-D ($450.00) $1-Silver 1935-E ($550.00)$5--Silver 1934-D 15550.00) $5-Silver 1953 15 $2-Legal 1928-G )$425.00) $10-Silver 1934-D (Pay $850) ($1$,29000..0000 $5-Legal 1928-E (Pay $425 ) 52-Legal 1953 I $750.00 1 $1-Hawaii 1935-A i $550.001 s5-Legal 1953 (Pay $550)I 51,000.001 ($800.00) The Five Sheets 52,697.75 The Five Sheet, $3,847.75 1918 $1.00 FEDERAL RESERVE BANK NOTES Complete Set, all 12 Districts. Beautiful Crisp New 9Send your Want List of VF/Unc. $1, $2 F.R.B. Hundreds in stock. Also, List of Scarce/Rare Notes, all Series. We ma y havev e a few of those missing "toughies." 1963/1969 $1.00 FEDERAL RES. BANK NOTES Set, Last 2 Star Set, Last All Superb Crisp New Scts: Sets Nos. Match Star Set 2 Nos. Match 1963 Granahan/Dillon (12) $17.95 (12)(12) (12) 16.95I963A Granahan/Fowler (12) (12) $1189.7755 (12) (12) $22735..97755 1963 B Granahan/Barr 151 6.95 ( 5) 7.95 ( 4) $22.95 6.95 ( 4) 1969 Elston /Kennedy (12) 14.95 (12) 15.95 (12) 18.95 (12) 20.75 Above Four Sets - (41) 59.75 - (40) 74.75 1963B Set (5), Last 3 Nos. Match $8.95, "Stars", Last 3 Nos. Match 9.95 1969 Set (12), Last 3 No;. Match $16.75, "Stars", Last 3 Nos. Match Write KENNEDY SUFFIX-BB, EB, FB, GB, GC, LB (any 10 $13.00) Each 1.40 TOM'S ALBUMS-Available soon for above Sets. Send your Name and we'll notify you when Albums for 1963B/1969 are ready. Othcrs in stock NOW-Write for Prices. FLIP UP ALBUMS ANCO ALBUMS 9 1/x11 1/2Capacity 50 Notes. Postpaid DeLuxe Currency 9 1. For Large Notes 12.50 available in Red, Blue, Green, White or 2. For Small Notes 10.50 Brown Binders, postpaid 8.75 IMPORTANT BOOKS - Postpaid Your Name in Gold on Albums or Books, if desired. Christoph & Krause's "U. S. Postage & Fractional Currency 1862-1876." Size 7 1/2 x10 1/, 39 pages, enlarged illus., up-to-date Valuations 1.00. Donlon's "Catalogue of Small Size Paper Money." 1st Edition 3.95. 2nd Edition $2.75, 3rd Edition $1.50, 4th or 5th E qition $1.00, 6th Edition 1.50* "U.S. Large Size Paper Money." 1861 to 1923. 1st Edition $1.75, 2nd Edition 3.00* Friedberg's "Paper Money of the United States." 6th Edition 14.00 Kemm's "Official Guide of U.S. Paper Money." 3rd Ed. Hardcover $2.95, Paper 1.10* Goodman, O'Donnell & Schwartz "Standard Handbook of Modern U.S. Paper Money" 2nd Ed. 1.50. Shafer's "Guide Book of Modern U.S. Currency." Uses Donlon Nos. 4th Edition 2.00* McKee's "The Wildcat Bank Notes, Scrip & Currencies of Nebraska Prior to 1900." 60 pages, illustrated valuations 6.95 SPECIAL-Above Six Books starred * 8.25 WANTED-National Gold Banks 11870-1875), all Territorials; Rarer and Choice Nationals (no Small size) ; Two-Denominations, and Rarer Notes in all Series (Large only). Whether Buying or Selling, there's a Better Deal for you at Bebee's. How about a Trial-to Prove it. BUY ON OUR E - Z PAYMENT PLAN $100.00 Minimum. No Carrying Charges : Terms 5 to 10 Months. Write for our Amazing Plan. 100 °o Satisfaction Always. Minimum Order $5.00 (except Books) Add 50c (75c for airmail) on orders under $100.00. Nebraska Residents add Sales Tax. Remember, Currency is still your Best Investment and, as all "Smart Buyers" know, the Best Buys are at Bebee's! Bebee's, inc. "Pronto Service" 4514 North 30th Street Phone 402-451-4766 Omaha, Nebraska 68111 Paper littmq VOL. 9 NO. 3 THIRD QUARTER 1970 WHOLE NO. 35 PUBLISHED QUARTERLY BY THE SOCIETY OF PAPER MONEY COLLECTORS Editor Barbara R. Mueller, 225 S. Fischer Aye., Jefferson, Wis. 53549 Publisher J. Roy Pennell, Jr., Box 3005, Anderson, S. C. 29621 Direct only manuscripts and advertising matter to Editor. Direct all other correspondence about membership affairs, address changes, and back numbers of Paper Money to the Secretary, Vernon L. Brown, Box 8984, Fort Lauder- dale. Fla. 33310. Membership in the Society of Paper Money Collectors, including a subscription to Paper Money, is available to all interested and responsible collectors upon proper application to the Secretary and payment of a $4 fee. Entered as second-class matter July 31, 1967, at the Post Office at Anderson, S. C. 29621 with additional mailing privileges at Federalsburg, Md. 21632, under the Act of March 3, 1879. Non-member Subscription, $5.00 a year. Published quarterly. ADVERTISING RATES One Time Yearly Outside Rear Cover $37.50 $140.00 Inside Front & Rear Cover 35.00 130.00 Full Page 30.00 110.00 Half Page 17.50 60.00 Quarter Page 10.00 35.00 Issue No. 36 Issue No. 37 Schedule for 1970-71 Advertising Publication Deadline Date Nov. 15, 1970 Dec. 8, 1970 Feb. 15, 1971 Mar. 8, 1971 CONTENTS A Display of New Mexico National Bank Notes, by Roman L. Latimer 91 First National Bank of Santa Fe Medal 93 Centennial Reprints of Confederate Currency, by Everett K. Cooper 94 Historically Important Notes, by Guinn B. Smedley 97 New Book Available on National Banking System 98 Action at Auction 98 Silver Certificates—Sequential and Dovetail Blocks, by Roland S. Carrothers 99 The Free City of Danzig and Currency Depreciation, 1920-23, by Richard Banyai 103 Paper Money Issued in Russia During World War One 1915-1918, by Michael M. Byckoff 104 The CIA. de Real del Monte Y Pachuca Notes for the Bank of Montreal, by Maurice M. Gould 106 The Parker House of Boston Notes, by Maurice M. Gould 107 Bank Signatures Overprinted on 1902 Series National Bank Notes by The Bureau of Engraving and Printing, by Peter Huntoon 110 A Glance Back at the Obsolete Bank Note Era, by Cliff Murk 111 Mexican Memos, by Ed Shlieker 111 Interspersing of Face Plate Numbers on $1 F.R.N. Series 1963A and 1963B, by Bob McCurdy 112 Errors Are Where You Find Them. by Peter Huntoon 113 Famous Americans on the One Dollar Educational Note (continued), by Howard W. Parshall 114 Bank Checks as Mexican Currency, by Ed Shlieker 120 THE SOCIETY OF PAPER MONEY COLLECTORS, INC. Society of Paper Money Collectors, Inc. Tenth Annual Meeting 116 Secretary's Report 117 SPMC Member Again Wins Nathan Gold Award 118 Money Mart 119 Library Notes 120 lac et, el Pape, Blaney Collectoui OFFICERS President Glenn B. Smedley, 303 Homestead Rd., LaGrange Park, Ill. 60525 Vice-President J. Roy Pennell, Jr., P. 0. Box 3005, Anderson, S. C. 29621 Secretary Vernon L. Brown, P. 0. Box 8984, Fort Lauderdale, Fla. 33310 Treasurer M. Owen Warns, P. 0. Box 1840, Milwaukee, Wis. 53201 APPOINTEES-1969 - 70 Librarian Barbara R. Mueller Attorney Ellis Edlow IOARD OF GOVERNORS- 1969 - 70 Thomas C. Bain, William P. Donlon, Harley L. Freeman, Nathan Goldstein II, Maurice M. Gould, James L. Grebinger, Alfred D. Hoch, Richard T. Hoober, Brent H. Hughes, John H. Morris, Jr., Charles O'Donnell, J. Roy Pennell, Jr., Glenn B. Smedley, George W. Wait, M. 0. Warns. i'll1111111111111111111 1111111111111111111111;1111111111111111110111111111111111111111111111111111111111111111111111111111111111111111111111111111111 1111111111111111111111111111111111011111111E = _ . = = = Important Notice= = = = = E= Paper Money Is A Copyrighted Publication E. E = = = E-. No article originally appearing in this publication. or part thereof or condensa- Liong = of same, can be reprinted elsewhere without the express permission of the Editor. Although your Officers recognize the publicity value to the Society of occasional re- prints,-..1.= they cannot allow indiscriminate use of the material from PAPER MONEY in = E other publications even when condoned by the author. Therefore. authors should 11::= =E..-' contact the Editor for permission to reprint their work elsewhere and to make ar- rangements for copyrighting their work in their own names. if desired. Only in this= = way can we maintain the integrity of PAPER MONEY and our contributors. E E 511111111111111111111111111111111111111111111111111111111111111111111111111M1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111iIIIM WHOLE NO. 35 Paper Money PAGE 91 A Display of New Mexico National Bank Notes By Roman L. Latimer The First National Bank of Santa Fe has the distinc- tion of being the oldest hank in the Southwest. It was founded in 1870 by Lucien B. Maxwell, a powerful land- owner and frontiersman from Cimarron, New Mexico, who organized the bank with a portion of the money he received from the sale of his huge Maxwell Land Grant. Late in 1968, it was realized that the First National Bank of Santa Fe would be celebrating its centennial anniversary in 1970. The thought occurred to the author that the bank might he interested in having a display of National Bank Notes issued by it and other banks in New Mexico as part of their celebration activities. After obtaining permission from the President, Mr. C. K. Skinner. Jr.. and the Vice-President and Cashier, Mr. D. D. Van Soelen, to proceed with the project. I began the search to obtain as many notes from various towns and banks in New Mexico as possible to produce what may be the largest collection of New Mexico National Bank Notes ever assembled for public display. Nearly one hundred letters were written to bank presi- dents, retired bank personnel, and relatives of ex-hank officials in an effort to find these scarce items. The people contacted were, for the most part, glad to help the project along and contributed a wealth of informa- tion pertaining to the early banking history of the State. Many collectors and dealers in paper money around the United States were also contacted to see what they might have available in New Mexico material that could be added to the display. The project was completed a few weeks into 1970, and the display turned over to the First National Bank of Santa Fe for its use during the year. It is now located in the main lobby of the hank and has drawn people from all parts of the state to see it. Thanks to excellent publicity on the part of the bank, it is proving to be one of the highlights of the celebration. Of particular interest to collectors is the fact that notes of all three charter periods as well as the small-size 1929 series notes as issued by the First National Bank of Santa Fe are included in the display. The notes include the signatures of all presidents and cashiers of the bank during the note-issuing period, with the exception of three. Other notes of interest in the display are: a third charter, red seal Territory of New Mexico $10 note from the Citizens National Bank of Roswell, sheet #1, that was carried as identification by the bank's cashier. Nathan Jaffa: and a third charter. dated back, territorial S10 note from the First National Bank of Lake Arthur that has on it the signature of the only woman bank official in the collection. Ida Hammond. as cashier. Several other banks in the state have expressed interest in the collection, so it is now intended that a display will be prepared to circulate to these banks and others that may desire to have it for public exhibition. Other New Mexico notes have been discovered since the display was prepared and will be added to the col- lection at a later date. The search continues to turn up notes that were issued by other New Mexico banks for future use. The challenge has been a large one, but one that has proven to be most rewarding. It is felt that these bank notes help to tell a part of the history of banking in New Mexico. Many of New Mexico's most prominent men helped to organize these banks. and their signatures on these notes tell a small and little-known portion of the story pertaining to the growth of a territory and state. For information of fellow National Bank Note col- lectors, the following is a listing of New Mexico notes contained in the display: Center Frame (All notes from the First National Bank of Santa Fe (1750)) TERRITORY OF NEW MEXICO: Fr. 382, $1 FCP Lt. Ser. #D9947, Top Ser. #4339 Fr. 484, $10 SCP Bottom Ser. #2956, Top Ser. #A72952A Fr. 616, $10 TCP (dated back) Bottom Ser. #46, Top Ser. #Y813071 Fr. 642, $20 TCP (dated back) Bottom Ser. #627, Top Ser. #Y813652 STATE OF NEW MEXICO: Fr. 602, $5 TCP Bottom Ser. #9754, Top Ser. #B396365H Fr. 628, $10 TCP Bottom Ser. #6211, Top Ser. #Z236513E Fr. 628, $10 TCP Bottom Ser. #4442, Top Ser. #D800274E rr. 1800-1, $5 Ser. #B001698A 14.r. 1801-2, $10 Ser. #A001766 Fr. 1802-1, $20 Ser. #C000164A Top Frame TERRITORY OF NEW MEXICO: Fr. 621, $10 TCP (red seal) The Citizen's National Bank of Roswell (6777), lower #1, upper #B22044 Fr. 615, $10 TCP (dated back) The First National Bank of Lake Arthur (8584) lower #1256, upper #D499547A STATE OF NEW MEXICO: Fr. 538-b, $5 SCP The First National Bank of Albuquer- que (2614) lower #11071, upper #R612533 Fr. 617. $10 TCP (dated back) The First National Bank of Tucumcari (6288) lower #1034, upper #B56820B Fr. 606, $5 TCP The Citizens National Bank of Albu- querqu e (11442) lower #925, upper #K525026D Fr. 607, $5 TCP The First National Bank in Gallup (11900) upper and lower #11860 PAGE 92 Paper Money WHOLE NO. 35 Am. The National Bank Note display at. the First National Bank of Santa Fe, N. Mex. Left to right: D. D. Van Soelen, Vice-President and Cashier; C. K. Spinner, President; Roman L. Latimer, developer of the collection; and L. E. Meyer, committee co-chairman. Fr. 609, $5 TCP Albuquerque National Trust & Savings Bank (12485) upper & lower #936 Fr. 628, $10 TCP The First National Bank of Santa Fe (1750) lower #6209, upper #Z236511E Fr. 632, $10 TCP The First National Bank of Las Vegas (2436) lower #8811, upper #Y200143E Fr. 628, $10 TCP The State National Bank of Albu- querque (7186) lower #16460, upper #B760972E Fr. 628, $10 TCP The First National Bank of Melrose (8397) lower #2329, upper #D57251E Fr. 660, $20 TCP The First National Bank of Albuquer- que (2614) upper and lower #20922 Fr. 660, $20 TCP The First National Bank of Santa Rosa (6081) upper & lower #3577 Fr. 654, $20 TCP The American National Bank of Silver City (8132) lower #7355, upper #B416897K Fr. 661, $20 TCP Albuquerque National Bank (12485) upper & lower #142 Bottom Frame Fr. 1800-1, $5 The First National Bank of Santa Fe (1750) Ser. #E001615A Fr. 1800-2, $5 The First National Bank of Belen (6597) Ser. #A002626 Fr. 1800-2, $5 Albuquerque National Trust & Savings Bank (12485) #A014962 Fr. 1801-1, $10 The First National Bank of Albuquer- que (2614) #C004202A Fr. 1801-1. $10 The First National Bank of Santa Rosa (6081) #A000933A Fr. 1801-2, $10 The First National Bank of Tucumcari (6288) #A000059 WHOLE NO. 35 Paper Money PAGE 93 Close-up of one of the frames Fr. 1801-1, $10 The American National Bank of Silver City (8132) #E001073A Fr. 1801-1, $10 First National Bank in Raton (12924) #C003079A Fr. 1802-1, $20 The First National Bank of Santa Fe (1750) #F000185A Fr. 1802-1, $20, Albuquerque National Trust & Savings Bank (12485) #C000891A Fr. 1802-1, $20 The Carlsbad National Bank (12569) #F000373A Fr. 1802-1, $20 First National Bank in Raton (12924) #D000390A (SPMC member Roman L. Latimer, developer of the above collection, is a life long resident of Santa Fe and a Design Supervisor for the State Highway Department. His great grandfather. Ramon A. Baca, was one of the first customers of the First National Bank of Santa Fe.) First National Bank of Santa Fe Medal In connection with the feature on the notes of the First National Bank of Santa Fe, it is worth mentioning that the hank is issuing commemorative medallions and a history in book form. The medallions, designed by Santa Fe artist Donna Quasthoff and produced by the Medallic Art Co., picture the seal of the bank on the obverse and the present pueblo-style bank building with a stagecoach symbolizing the year 1870 on the reverse. They are available in bronze ($2) or silver ($11) ; the book sells for $2.25, all items postpaid from Wm. R. Heald. P. O. Box 216. Albuquerque. N. M. 87101. PAGE 94 Paper Money WHOLE NO. 35 Centennial Reprints of Confederate Currency By Everett K. Cooper A "second generation" of Confederate paper money was given birth immediately preceding and during the 1961-1965 centennial of the Civil War. The increased interest in memorabilia and literature of the War Between the States was a natural phenomenon and it produced much in the way of souvenir material for sale to the general public. Included were several sets of souvenir copies of the currency issued by the Confederate govern- ment. The average collector today will not be deceived by these centennial reprints, but they could deceive a nov- ice collector. Following the military adage that it is wise to know your enemy, a list of the most widely distrib- uted sets prepared during that period is compiled here. Appearance. constant serial number. printed signatures, and reprint mark will be the key point in their recogni- tion. Two recent instances have come to this writer's atten- tion of a non-collector bringing forth one of these souvenirs with an interesting anecdote of being found hidden in a chimney of an old house! One of the cases was in England! Caveat Emptor will be the watchword as time passes and the memory of the centennial dims and these second generation Confederate notes age naturally. There were numerous other reprints of individual notes, with or without advertising material printed on them. which were locally reproduced and did not gain the national distribution that the above achieved. CHECKLIST OF COMMON CENTENNIAL REPRINTS OF CONFEDERATE CURRENCY Denomination - Issue Date Criswell No. Plate Serial Number Back The General Mills breakfast cereal "Cheerios" premium issued winter 1954-1955. Backs are marked in small type "REPRINTED U.S.A. 1954." $1 February 17, 1864 $2 February 17, 1864 $5 February 17, 1864 $10 February 17, 1864 $20 February 17, 1864 $50 February 17, 1864 $100 February 17, 1864 $500 February 17, 1864 $1000 May 28, 1861 574 569 560 548 512 498 490 489 1 D D H H B XA A A A 82283 34098 1138 83185 13410 77114 92685 9229 176 Plain Plain Printed Printed Printed Printed Printed Plain Plain Whitman Confederate play money, nationally distributed through chain stores. Backs are marked in small type "FACSIMILE." $1 $5 $10 $20 $50 $100 February 17, 1864 February 17, 1864 February 17, 1864 February 17, 1864 February 17, 1864 Nov. 20, 1862 574 562 546 511 498 316 B D D C WA 82129 18262 40679 46410 72104 65798 Printed Printed Printed Printed Printed Printed Antiqued reproduction printed on crinkled brown paper made to appear antique. Issued in two sets of state and private issue notes and ono Confederate government note. $500 February 17, 1864 489 16760 Plain Souvenir Confederate money copyrighted 1953 by Gilbert Humphreys, sold in envelopes containing $680 in face value. Well done reproductions with no reprint markings. 50c April 6, 1863 485 F 104508 Blue design $5 February 17, 1864 564 B 45806 Printed $10 February 17, 1864 545 B 22462 Printed $10 April 6, 1863 431 II 50863 Printed $10 September 2, 1861 189 W 81484 Printed $20 February 17, 1864 T-67 D 23483 Printed $20 September 2, 1861 141 3 102945 Printed $50 February 17, 1864 499 XA 24791 Printed $50 December 2, 1862 362A XA 85165 Printed $100 October 2, 1862 294 Ae 57939 Printed $100 August 26, 1862 310 Y 459 Printed $500 February 17, 1864 489 B 16599 Printed $500 February 17, 1864 489 D 393 Printed Cheerios CONFEDERATE MONEY! LOONS LIKE THE REAL THI NCii , 9 BILLS FROM $1 TO $1,000 lissImimp IT ... 12... 55 ... 510 510 .. $50 ...$500 and 51000... ONE IN EVERY SPECIAL CHEERIOS BOX! These or* reproductions of authentic Coefede,e1e bRs great for play ... o "fun" way M Icons American history. Yowb be prowl to own (11,0 Star, yaw collection new... b. Rol in yam' lgtsboehood %own all 9 <1./(efenn bill,, A, ^a, pet afros 700 tuo Racist them, far Other thint1 The gsd cereal ready to eat MADE OF OAT FLOUR, WHEAT STARCH, SALT, SUGAR, SODIUM PHOSPHATE, CALCIUM CARBONATE, IRON, NIACIN, THIAMINE (Vitamin B,) and RIBOFLAVIN. ir, „ EA f •• -.won IT GE L INC. Goan OfeKVS, MINIWOUS, ANN. CONFEDERATE MONEY WHOLE NO. 35 Paper Money PAGE 95 Frcnt and side of cereal box advertising General Mills' reproductions Envelope used for packets of Gilbert Humphreys' reproductions ,./6/44.4b, I • 4L'i WILVENS k THE rNITZI) MTBS, 7411: ti„ te 1670 tat A: 176 (C.Nej r.11 40,411054: t44 f t CONFEDERATE CURRENCY Antiqued Reproductions - They LOOK OLD and FEEL OLD! IS SET A" VIRGINIAs MISSISSIPPI ObtionSet toCoaadeteSeries GEORGIA SOUTH CAROLINA ARKANSAS NORTH CAROLINA NOTE: THIS g SET "8". Obtain SET "A" here, also—to complete the series of Confederate curren•y. HISTORY OF CONE ..g RATE CURRENCY Ai iva i a,..• of the C'i'i War. Confederate currency was accepted were sometimes mvIho og,..1, medium of user., goddess a . ai• -•:.,,.• e Start as 0medium high purchasing power ludi. war: Tents. goddess of earth: Caret 90C.1011 of agricu • vi .- •.. ..th rn Sta tes issced their own Currency in addition to the illustrations showed Justice and .:berry or business actse v • ., . . • --e z. ',sued by the Government of the Confederate States of CCottonFpicking,sfeothbOating. or par halts of heroes of the Ra , Ya .- la-Ss and maMc•oal7iies also issued Confederate currency Conan,' War. However in o chart time, the need i' . for speed ad e v e-tua ,ly the a f'-s, issxes inoicated engraving and printing of the highest shortage of pro per Pa per stock resulfec o f 'owerec daa?:ty 7 , paper :. , • n any some of the notes were beaut i f,,, — coloring and design currency. Many of the issues were no t Or Tnte0 on the reverse t'fvfe —at'on, ano designs that essisted in State bank notes before the . Emcessive printing of currency and the adverse progress o f 'the war C• , W., ware vied on some of the Confederate notes. Il l ustration, resulted 'n de preciatio n o f the cutru-cy • • • • SET "A" INTERESTING FACTS ABOUT THE MONEY IN THE SETS SET "B" • • • soma associations issued their own script. Virginia S100-- The Faith of the Commonwealth . 1 ffiedged. ' Por. •r a ts of George Washington and the Indian' probably Pocahontas, J •* i rr ereSt no Mississippi Sloo—B r it bears the very high interest rate of ten percent. South Caroline Cotton Growers Association IS—Example of an associ. once .1.'0 issued their own currency during the Civil War. Notice the amine Sacred be a Pledge o f Cotton at Si. Cents per Pound for • ^e Amoart of the issue ,as wet, as the Private Property of the Stock• ^Ottlers' On the opposite end the notation "Redeemable in Gold e;tr Month, after the Raising of the Blockade of our Coast.'l'se °ace the bill also indicated scarcity of paper as it was orig. r oily 'Hyoid as warrants. Georgia 5100.--Note the excellent art work Ark ”--The back of the note shows that there was a scarcity of Diaper in iSs2 Paper that was originally intended as a bond was cut in sm i ller Pieces end used for Pa per currency. berth tereties $1—Recorivabl• in payment ''of ell Public Dues". Confederate Stoles of Americo . 5500—I ssued by the Gou•rothen• o.the Confederate States of America Payable tsuo rydars after the rat;- 4iCatiOn o f a Treat y of Peace between the Confederate States and the United States. Notice the portrait of 1..,eu,*,,t Sto-ewau' Jackson and the equestrian statue of George Washi-gton with the conted•,,sfe flag. Texas $$—Treasury warrants issued tyr rnTiary service Tennessee--Bank of Chattanooga 52—Exampie of a bank rhossand Paper currency Leckie's. MO—Payable tweive myrrh, after a definite T rea ty of Peace between the Confederate S t ates and the United States. This is an esample of lire engraving. Florida 51— Pledged by the public lands of the slate diaperr,. $100—Redeemable in Confederate Treasury notes or five Per cent bonds of the state. Picture, of Indians are beautifully drawn. of 55 510 $20 550 $100 BILLS 4407: Whitman Publiihing Co. Paper MoneyPAGE 96 WHOLE NO. 35 Unmarked win:killed reproduction Wrapper for Whiliman pla .n looney WHOLE NO. 35 Paper Money PAGE 97 Historically Important Notes By Glenn B. Smedley Photo by Rehder The Rank of America, Chicago, functioned from 1852 to 1860. Anyone knowing of another note of this bank will do the writer of this article a favor by so advising him. Photo by Rehdet George Smith & Co., ca. 1839-58, was the vehicle through which Smith carried on many of his varied activities. At no time was it a formal bank even though it functioned as one. The picture of a $1 Silver Certificate, Series 1957B, was published recently over the caption "A Poker Player's Dream." Strictly speaking, the caption referred to the certificate's serial number, U22222222A. A rare num- bered note, indeed! This report deals with a note which could be termed, quite properly, "A Note-Collector's Dream." While it undoubtedly means more to the present owner and the writer than to most paper money collectors, few would spurn the perfect, black-and-white proof $3 Bank of America, Chicago, note. Proof notes on any bank are rare and in demand, as are most Illinois bank notes, and $3 notes are sought by many collectors. What may not be so well known is that this note is one of only two extant notes on the Bank of America, Chi- cago, a fact of which a number of knowledgeable collec- tors are aware. The other is a $2 proof, owned by a prominent Chicago collector. Both notes came to light in the April sale of material from the Wismer-Osmun collection. PAGE 98 Paper Money WHOLE NO. 35 There have been three banks in Chicago by this name, but the subject note represents the first of them, organized in mid-1852 by George Smith and Elisha Willard, who together formed the important firm of George Smith and Company (18391. It should be noted that this note is payable "to A. Mitchell or Bearer." Alexander Mitchell was a key figure in the banking and real estate empire headed by the canny Scot, George Smith. Coming to America and Chicago in 1834, George Smith brought funds gathered from his friends and associates in Aberdeenshire. He was only 26 years of age and had only one goal-to make money for himself and his back- ers. There is no record as to the amount of money he brought with him from Scotland, but it was not great. Yet he used it wisely and secured more from the same source soon. The story of his lonely life and varied business ventures is too involved to even touch upon here. He built a net- work of banking and financial establishments, supplied the Chicago-Milwaukee area with its only reliable cur- rency for some 12 years and, at just over the age of 50, left the scene of action and retired to London. The extent of his wealth was never revealed during his life- time, but when he died in 1899, his estate amounted to some 52 million dollars. In his nearly 40 years of re- tirement, he always dismissed the subject of wealth by saying, "I have too much money." The fascinating story, which reads more like a novel than a biography, is told admirably by Alice E. Smith (not related) in the 1966, 208-page book George Smith's Money, available at $4.50 from the State Historical Socie- ty of Wisconsin, 816 State St., Madison, Wis. 53706. (About a year ago Miss Smith advised the writer that she had no knowledge of any extant notes of George Smith's Bank of America, Chicago.) New Book Available on National Banking System The Comptroller and Bank Supervision by Ross M. Robertson. 1968. 262 pp., illustrated. Clothbound. Office of the Comptroller of the Currency, Fiscal Man- agement Division, Accounting Branch, Room 4116, Main Treasury Building, Washington, D. C. 20220. $2.00 This handsome book, commissioned by the Comptroller of the Currency, provides an interesting history of the National Banking System in the United States. It ac- curately describes the functions and role of the Comp- troller of the Currency, past and present. A number of excellent photographs and illustrations are provided in addition to the clear and concise text. The appendix contains a list of all Comptrollers of the Currency, a list of banks remaining of the first 50 Na- tional Charters, and a synopsis of National Bank legis- lation with simplified explanation. The book's compre- hensive bibliography would be helpful to anyone studying or researching in the paper money or banking field. This masterpiece is a "must" for all National Currency collectors and researchers, and students of bank and economic history. In addition, many paper money col- lectors and other numismatists would certainly find the information of much value and interest. LARRY ADAMS Action at Auction On April 2-4, 1970, Stack's sold the numismatic hold- ings of the late George C. Slawson, who also left a con- siderable philatelic estate. Among the realizations of in- terest to paper money collectors are these: (Comments in quotation marks are the auctioneer's.) Legal Tender "extremely rare 1875 Series C," Fr. 23. $1 AU "seldom offered in any condition and prohibi- tively rare in this state of preservation." $230 Legal Tender Fr. 25, $1, 1875 Series E, VG. "To the best of our knowledge this is the first time we have handled this note in over 10 years." $105 Legal Tender Fr. 32, $1, 1880 F-VF, autograph signa- ture J. N. Houston, Treasurer, U. S. 1889-1891, "a rare i tem." $110 Silver Certificates Fr. 231, $1, 1899 Napier-Thompson. UNC, small obverse green ink smudge, "a very rare and seldom offered note and especially so in this remark- able condition." $250 Treasury or Coin Notes: $1, 1891, VG $ 40 $ 50 $ 65 $ 25 $ 50 Inverted Reverses: Fr. 228, $1, 1899, VF; Fr. 1606. $1, 1934 $130 Star Notes: Fr. 239, $1, 1923 Woods & Tate, F; Fr. 1607, $1, 1935 UNC. three consecutive serial numbers $140 Federal Reserve Bank Notes: complete set of one of each district $1 A, F; B, VG; C, VG; D, AU; E, AU; F, VG; G, UNC (counting mark) ; H. UNC: I. EF; J. G; K, G; L F $140 Silver Certificates small size: Donlon 201-4, $1, 1928C. UNC with a counting smudge on obverse near portrait $250 Silver Certificates: Donlon 201-5, $1, 1928D, UNC $160 Donlon 201-6. $1, 1928E, UNC, "a splendid specimen with but a small counting mark at the right edge of the bill (not creased)" $550 Donlon R201, $1, 1935A, red "R" UNC $120 Donlon S201, $1, 1935A, red "S" UNC $110 Fr. 347, $1, 1890, G-VG; Fr. 351, Fr. 348, $1, 1890, F. Fr. 349, $1, 1890, VF. Fr. 350, $1, 1891, VF. Fr. 352, $1, 1891, EF. WHOLE NO. 35 Paper Money PAGE 99 Silver Certificates Sequential and Dovetail Blocks By Roland S. Special situations, of considerable importance and in- terest to the serious collector of Silver Certificate block letters, have been developed by changes in printing schedules at the Bureau of Engraving and Printing. The changes in printing schedules referred to here are those of the third process overprint with specific reference to the application of serial numbers. Such changes have re- sulted in the definite termination of a block in one series and the immediate commencement of the same block in the next series. The same is true of different issues in the same series. Other changes have been found to be indefinite, with ranges of serial numbers in the various series or issues overlapping as switches are made back and forth between them. In either case, it is possible to collect the notes of the various series in the block so that each successive note has a higher serial number than the preceding one. Collecting in this manner is not difficult, in most cases, and adds considerable interest to the task. Any block, common to two or more series or issues, the notes of which may be collected in order of the series with each note having a progressively higher serial number is called a "Sequential Block." Examples of one- dollar Silver Certificates of this type are as follows: BLOCK SERIES NO. OF NOTES F-A 1928, 1928A 2 S-A 1935A, 1935A-Mule 2 C-B 1928A, 1928B, 1928C 3 P-A 1935, 1935-Mule 4 1935A, 1935A-Mule *-B 1935A, 1935B, 1935C 5 1935D-Wide, 1935D-Narrow By referring to Table it will be observed that a collec- tion of notes of the above Star-B block forms a five-note sequential block with serial numbers in order, starting with the lowest number of the sequence in the earliest series and ending with the highest number of the sequence in the latest series. Serial numbers in the column on the right of the table are taken from actual notes in the author's collection, as are the examples in Table II and the illustration. In our present knowledge of the serial number ranges of this particular block, it would be prac- tically impossible to collect these five notes not in se- quence. A more difficult example of a sequential block in the one-dollar notes is the six-note Star-A block of Series 1928 to 1928E. In this case, the observed serial number ranges are all overlapping, which makes possible numbers in each series that are lower than the highest number in the preceding series and higher than the lowest ones in the subsequent series. This situation requires more dil- igence in selecting the serial number in each series which will result in an acceptable sequence. Any block, common to three or more series or issues, the notes of which may be collected in sequence to re- flect the chronological changes back and forth between Carrothers the series or issues, is called a "Dovetail Block." This is due to the resemblance of the notes in the sequence to the mortise and tennon of the dovetail joint in carpentry. Collecting in this manner provides an interesting, and even more satisfying, variation of the sequential block. Such blocks may occur in changes from one series to another or in changes between regular and special issues in the same series. Usually, in sequences of this type, a predetermined number of notes is printed in one series or issue, after which an abrupt change is made to the next group. When the required number of notes has been printed in the second group, printing is resumed in the originating series or issue, or it may proceed to the third group, and so on. Examples of one-dollar Silver Certif- icates of this type are as follows: BLOCK T-A Y-B B-J SERIES 1935A, 1935A-Mule 1935A 1935A, 1935A-Hawaii 1935A 1935F, 1935G-No Motto 1935F-Late Printing 1935G-No Motto NO. OF NOTES 3 3 4 The above B-J block is the most celebrated of the dovetail blocks in the one-dollar notes. In this instance, it was the intention to terminate Series 1935F after 54,- 000,000 notes had been printed in this block and then proceed with the printing of Series 1935G to complete the block. But, after 17,640,000 notes had been printed in Series 1935G, it was discovered that 360,000 notes, already processed for Series 1935F except for the third process overprint, had been overlooked. Series 1935G schedules were, thereupon, interrupted long enough to finish the Series 1935F notes. On completion of these wayward notes, printing was resumed on the remaining 28,000,000 notes to complete the block in Series 1935G. The block letter collector will readily recognize that, in- stead of requiring only one note in Series 1935F and one in Series 1935G to complete the B-J block, he must have two in each series, with serial numbers falling in ranges shown in Table IT. Another, and even more impressive, group of one-dollar dovetail blocks is to be found in Series 1935A when interruptions occurred in printing schedules by the inter- jection of special issues into the program. The first in- terruption came in 1943 when printing of the regular issue in the Y-B block was suspended to print the first al- lotment of the Hawaii Emergency Issue. Here, 68,628.000 notes of the regular issue were printed in the block, after which the presses were modified to overprint 3,000,000 Hawaii Emergency notes with the brown Treasury Seal and serial numbers Y68628001B to Y71628000B, and the word "Hawaii" on the front and back. Following the printing of the Emergency Issue, printing was resumed on the remaining 28,372,000 regular notes (serial num- bers Y71628001B to Y99999999B I in that block. PAGE 100 Paper Money WHOLE NO. 35 TABLE I SILVER CERTIFICATES SEQUENTIAL BUCK SERIES SERIAL NUMBER RANGE ACTUAL NUMBER 1935A *00000000B - *02650541B *02650541B 1935B *02749841B - *12668468B *08927967B 1935C *13174297B - *49474913B *15265606B 1935D-Wide *49849945B - *99999999B *9500508UB 1935D-Narrow *55213765B - *99999999B *95096662B TABLE II SILVER CERTIFICATES DOVETAIL BLOCK SERIES SERIAL NUMBER RANGE ACTUAL NUMBER 1935F B000000013' - B540000003' B444055911 1935G 3540000013' - B716400003 367633573J 1935F-Late Pr. B71640001 J - B720000003- B718673793' 1935G B72000001 - B999999933' B990519883' The second interruption occurred in the following Z-B block hut, in this case, after 99,000,000 notes had been printed in the regular issue, a change was made to print the second batch of Hawaii notes and the block completed. This two-note block is a simple sequential block since it cannot qualify as a dovetail because no return was made to the originating issue to complete the block, as in the previous case. In addition to the Hawaii Emergency Issue, the North Africa Emergency Issue and the Third Experimental Is- sue were printed during this period. Other two-note sequential changes due to these three special issues oc- curred in blocks A-C and R-C. and dovetailing changes were made in blocks B-C, C-C, F-C, I-C, L-C, P-C and S-C during this cycle of Series 1935A as summarized in Table III. A photograph of a complete set of notes in the S-C block of Series 1935A has been furnished also to illus- trate how much more interesting and effective this method of collecting is than merely obtaining a single note of each issue in each block. A counterpart of this collation in the regular notes of the S-C block is to be found in the Star-A block of Series 1935 and 1935A. In this instance, it will be noted that the changes are not as precise as in the C-suffix blocks in Series 1935A, previously discussed. The ranges of serial numbers applied to the Emergency and Experimental Star Issues are definitely known, but are overlapping between the North Africa and Hawaii Emergency Issues. And, too, there are regular issues printed between these two issues. Here the collector will have to exercise his own ingenuity. He will find it advantageous to obtain the notes of the special issues—the Series 1935-mule, 1935A-mule, Hawaii, North Africa, red "R" and red "S" experimental stars—first. Then, knowing the serial numbers of these, he can concentrate his search on the star notes of the regular issues having serial numbers between each suc- cessive pair of the special issues. Following this method will be found to produce an ascending sequence of serial numbers starting with the lowest serial number obtainable in the Series 1935A regular star issue and progressing upward in logical steps through the various phases of the special issues and ending with the highest number obtainable in the Series 1935A regular star issue. Sequential and dovetail blocks are not confined to one- dollar Silver Certificates, but occur also in the five-dollar and ten-dollar denominations. In the five-dollar notes there are ten sequential blocks and five dovetail blocks, as follow: NO. OF SERIES 1934 SERIES 1953 NOTES AND SUBS. AND SUBS. Sequential 2 D-A N-A D-A F-A P-A F-A G-A Q-A H-A T-A 3 M-A -A Dovetail 3 U-A V-A 4 E-A 12 -A 46 K-A The five dollar Series 1934A dovetail block K-A, listed above, is the most extensive to he found in the modern- size Silver Certificates. It has as its base the Series 1934A regular issue interspersed with seven separate printings of the North Africa Emergency Issue. Then interspersed between these two issues are the Series 1934A-mules, the face check number 307 Series 1934A trial notes, the face check number 307 Series 1934A North Africa trial note, the Series 1934B regular issue and the Series 1934B-mule. This block is not difficult to WHOLE NO. 35 Paper Money PAGE 101 ISSUES TABLE III SILVER CERTIFICATE DOVETAIL BLOCKS SERIAL NUMBER RANGE ISSUES Series 1935A - Regular Y00000001B - Y68628000B Y68628001B - Y71628000B Series 1935A - Hawaii Series 1935A - Regular Y71628001B - Y99999999B Series 1935A - Regular B00000001C -B30000000C B300000010 - B31000000C Series 1935A - No. Africa Series 1935A - Regular B31000001C - B516240000 B51624001C - B52624000C Series 1935A - No. Africa Series 1935A - Regular B52624001C - B990000000 B99000001C - 8999999990 Series 1935A - No. Africa 000000001C - 0070000000 Series 1935A - Hawaii Series 1935A - Regular C07000001C - 0600000000 C60000001C - 0620000000 Series 1935A - No. Africa Series 1935A - Regular C62000001C - C78000000C C78000001C - C799040000 Series 1935A - No. Africa Series 1935A - Regular C79904001C - 0999999990 Series 1935A - Regular F00000001C - F419520000 F41952001C - F41955996C Series 1935A -No. Africa F41955997C - F4196400CC Series 1935A - No. Africa F41964001C - F41967996C Series 1935A -Hawaii F41967997C - F41976000C Series 1935A - Hawaii Series 1935A - Regular F41976001C - F99999999C Series 1935A - Regular I00000001C - 1300000000 130000001C - 1400000000 Series 1935A - No. Africa Series 1935A - Regular 140000001C - 1999999990 Series 1935A - Regular L00000001C - L759960000 L75996001C - L78996000C Series 1935A - Hawaii Series 1935A - Regular L78996001C - L99999999C Series 1935A - Regular P00000001C - P319920000 P319920010 - P370320000 Series 1935A - Hawaii Series 1935A - Regular P37032001C - P99999999C Series 1935A - Regular S00000001C - S399960000 S39996001C - S549960000 Series 1935A - Hawaii Series 1935A - Regular S54996001C - S708840000 S70884001C - S720680000 Series 1935A - Exper. R Series 1935A - Regular S72068001C - S73884000C S73884001C - S75068000C Series 1935A - Exper. S Series 1935A - Regular S75068001C - S99999999C assemble as far as regular and North Africa issues are concerned. However, because of the scarcity of the mules and the face number 307 trial notes, it would he extremely difficult to complete in all issues. Research conducted up to the present time indicates that a complete sequence of this block would require a total of 46 notes. `1nbitek• Tv. TNAT V1114 OIA DEFro. 011Asurry VNIIIEtt,VialiSOVVI S 27317600 C NAS CEArn :ArtlS At MR ALL DENS. fObc AN PRI W.2,41 c4; ro xs * 1/MINGILAILMIC __11.1,1k1 MLA.. v., sc t.A.; TIM nE,11111ANAN tw.,EANE) ; . J4IJviu ANS GER, .CAN,FiN W. TANNER ;:k. FOR ALL [NM /NAVt1 AND AR Ai[ 5 47307044 C 51.91r9 11 c‘Ly'hineat.l. f?-4 cm= MINER MUM* IX $1,11111 n1/1111%1011% 11111 n11.10110 — . „.......„. S 60081725 C utz3-,ver o{ INGAA TENDER FOR to DEWS {V AND S 60081725 C Tn. cAPTIOCAM11 ECM. repo FOR ALNDEDISARARNAt AMU PINS *COMM AD* 1114:0;.:All,' '111HIC' :11ANA, , .sr....ustv. tatirx. tAri ircAtarnoN .101141.N.11 10. LT, k VICEIZT-CovDri'M THIS GERM 4COAL ntip(Gn MAMA. KB, 14111.12 AMI, PROM( 6AA,re..A. 1:11:42i1. • • `'11111111111C I it.1114.11W11.11i as MIA MA PAS ro AM ln14,1"), [ACM ANIA ' • - - , —S 7462617 C zrttrnzerri AcA/E 1 0 DER INS ALL DEN, ANNA) VATE • 04, (tpAixt ,mmitiosEaumis 411 AN %II %nit A.1%.1 1 .11.1,10 Raw Asumomost MAMA° S 99183903 C - TNIS cERIVICAMt IINAL TENON FOR ALL Dt %mow" AND S 99183993 C h"-1 ,(\ cOL,D. MIK IMITAILILEAMIli "-z`i Silver Certificates Regular Issue Special Issues Dovetail Block, Series 1935-A - Block S-C PAGE 102 Paper Money WHOLE NO. 35 WHOLE NO. 35 Paper Money PAGE 103 Sequential and dovetail blocks are limited in the ten- dollar denomination of Silver Certificates because only seven blocks are involved in its entirety, as follows: Series 1933 A-A and *-A Series 1934- A-A B-A and -A A-B-C-D Series 1953- A-A and -A A-B The A-A and "-A blocks of Series 1933 are single, limited issues and. therefore are neither sequential nor dovetail blocks. Each of the three blocks of Series 1934-A-B-C-D is a dovetail block composed of a combina- tion of the regular and mule issues of Series 1934 and 1934A. the North Africa Emergency Issue, the wide and narrow issues of Series 1934D, the Trial Issue face check numbers 86 and 87 and the mules of the Trial Issues. The A-A block of Series 1953-A-B is a simple three- note sequential block and the Star-A block of Series 1953 and 1953A is a simple two-note sequential block. The Free City of Danzig and Currency Depreciation, I 920 - 23 By Richard Banyai The port city of Danzig on the Baltic Sea was part of Germany up to 1919. In June 1919. after World War I, the Treaty of Versailles provided for the detachment of Danzig from Germany. Danzig was to be a free state. On November 9, 1920. Danzig was proclaimed a free city (Freie Stadt Danzig I, as provided for in the peace treaty. It was placed under the protection of the League of Nations. Up to October 20, 1923, Danzig possessed no money of its own apart from a small amount of emergency money; the German mark was the normal legal tender. Danzig suffered, therefore. from the German hyper-infla- tion which was running rampant at the time without hav- ing any control over it. The shortage of money for commercial transactions was such in Danzig that on November 2, 1922, a law was passed authorizing the municipality to issue legal tender emergency mark currency. From time to time the limit of this issue was raised to keep up with the rapid de- preciation of the mark during 1923. By May-June 1923 the inflation was so severe that serious plans were proposed for a monetary reform and the introduction of a new stable money. By October 1923, the new money, the gulden, was introduced into Danzig, thus stabilizing its monetary system. Although the German mark was allowed to continue as legal tender up to January 1, 1924, the official money was the Danzig gulden. The mark was removed from circulation by January 1st and the gulden was then the sole legal money in the Free City of Danzig. To demonstrate the magnitude of the inflationary trend in Danzig in 1922-23, the table of figures below shows the growth of the authorized mark issues in Danzig from December 1922 to November 1923:* 1 December 1922 298,000,000 M. 1 January 1923 348,000,000 M. 1 April 1923 3,957,000,000 M. 1 July 1923 3,960,000,000 M. 1 September 1923 767,200,000,000 M. 1 November 1923 3,432,578,633,600,000 M. League of Nations, MEMORANDUM ON CUR- RENCY, 1913-1923, Geneva 1924. Shown here are three specimens of postage stamps which were issued in Danzig and which were overprinted with new valuations to keep pace with the inflation of 1922-23. The first issue is a 1,000 mark stamp denominated in the mark money of account. The second issue is a 50,000 mark issue overprinted with a larger valuation of 500,000 mark to keep pace with the hyper-inflation trend of 1923. The final specimen is an air mail stamp of 100,000 mark overprinted with higher valuation of 2.000,000 mark for the same reason. Hungarian Denominations In the run-away inflation following World War II in which the value of the Hungarian pengo dwindled to 4,600.000 quadrillion pengoes to one L. S. dollar, the following terms were used for the astronomical denomi- nations: szaz hundred: ez ( er I thousand; millio mil- lion: milpengo million pengos; milliard thousand mil- lion: billio billion 1a million million, not a thousand million). FACE 104 Paper Money WHOLE NO. 35 Paper Money Issued in. Russia During World War One 1915-1918 By Michael M. Byckoff I. Romanoff Jubilee Postage Stamps Used as Currency During World War I Russia, as other European Coun- tries, experienced a shortage of exchange coins in cir- culation. In Russia the need to increase the amount of subsidiary coins in circulation was evident before the war. The government in 1913 decreed an increased out- put of mint silver coins from 8,675 thousand rubles to 14,950 thousand rubles; in 1914 1,420 thousand rubles copper coins were added; in 1915, 37,500 thousand rubles silver and 1.631 thousand rubles copper coins were pumped into the economy. Due to panic spread by action of the agents of the German General Staff, as the war took its course, people began hoarding coins; as a result. by midsummer of 1915, coins completely dis- appeared from circulation in many large cities, and in many towns they were scarce. To cope with this situa- tion the government decided to issue paper substitutes for metallic coins. Because a need for an exchange media was urgent, it decided to use the Romanoff Jubilee post- age stamp cliches for printing currency stamps. The pending issue of these stamps was announced in a Decree of the Ministry of Finance, dated September 25, (October 7 ) 1915. The Decree is as follows: The Ministry of Finance, considering the inconveni- ence caused to the public by the shortage of subsidiary coinage and the impossibility of the Mint immediately providing the necessary supply of coins, has in accord- ance with special decision of the Council of Ministers dated September 25/October 7, 1915, and pending the preparation by the Mint of sufficient coins, ordered the issue of small-change stamps, in accordance with fol- lowing principles:— (1) Small-change stamps shall circulate on the same basis as token silver and copper coins. (2) Their design will be that of the Romanoff Jubilee postage stamps. (3) They shall be legal tender between private indi- viduals to the amount of three rubles for each transaction. They will be accepted by govern- ment departments and public institutions to any amount, except in payment of custom duties, for which purpose they shall be subject to the limita- tions imposed on acceptance of token silver and copper coinage. (4) Small-change stamps shall not be accepted if the design of them is indistinguishable, or if the portion of the stamp remaining is less than 34 of the whole. (5) On the issue of a sufficient supply of small coin- age, the stamps will be withdrawn. (6) This order shall come into force immediately after its receipt by telegraph. As soon as the order was received, local branches of the State Bank and Post Offices posted it on their bill- boards and local newspapers where they existed printed it on front pages. Postage stamps of 10. 15 and 20 kopeks denominations were typographed (letterpress) on thin cardboard (0-10- 0-15 mm. mean 0.127 mm. in thickness). On the re- verse of the stamps was the inscription "IMEET KHOZH- DENIE NARA VNE S RAZMENNOIY SEREBRENNOIY MONETOIY"—"Having circulation on par with silver subsidiary coin" and surmounted by the imperial eagle; all of this was in a rectangular, double-lined frame. The currency stamps were issued in sheets of 100 and perfo- rated 13 1/,. They were distributed by the state Treasury direct to the branches of the state and private hanks all over Russia and appeared in circulation after November 1, 1915. Designated only to supplement the then circulating silver coins, the currency stamps completely displaced the coins within a few weeks. The financial success of this measure was more than satisfactory, and the order was given to prepare the issue of 1, 2 and 3 kopeks cur- rency stamps of the same Romanoff Jubilee design of 1913. These denominations were issued in June 1916 only; the cause of delay will be discussed later. The inscription on the back of the stamps reads "IMEET KHOZHDENIE NARA VNE S MEDNOIY MONETOIY" —"Having circulation on par with copper coin." The imperial eagle and denomination appeared in bold type above the inscription, and a rectangular, single-lined frame surrounded all of this. All currency stamps were printed in the same color as the corresponding values of postage stamps, but in a slightly darker and duller shade, evidently to help postal clerks recognize them on sight if they were affixed to a cover as postage; such usage of currency stamps was expressly forbidden by the authorities. Soon after the lower denominations appeared in circulation, evidence appeared of the fraudulent tampering with the green 2 kop. stamp to make it look like the olive-green 20 kop., and with the orange 1 kop. to make it pass for the red- brown 15 kop. Thereupon these two values were with- drawn from circulation to be surcharged on the face with large black numerals "1" or "2." The currency stamps with those surcharges were not put into circula- tion until after the revolution. The Provisional Government soon exhausted the supply of these currency stamps and on September 21, 1917 ordered a new issue of all three values. The first two values have large black numerals on the face, as before. and the 3 kop., also as before, was issued without the numeral on the face. The reverse surcharge was changed drastically; the field, formed by a thick, single-lined frame, was divided in half by a horizontal line, and as a bow to the revolutionary spirit of the time, the imperial eagle was omitted and large numerals of value "1," "2" and "3" were inserted with the word "kopeiyka" for "1" or "kopeiyki" for "2" and "3" under them. The same inscription as before was printed in the lower half, but a 2 listsrn immosie NAM NeatstA- NostivolL 1 Rontiln. Uteri. :mamma N*. pond' wog Imam& 3 mwn» so- pasort Ca MtA- NOa oimmiNIL Paper Money PAGE 105WHOLE NO. 35 THE CURRENCY STAI1PS OF 1 9 1 5 - 1 9 1 7 1st issue,October 1915. Nate', xaNAe- N18 Napasxt palttimmii peOpseloA morte. Tag. Romanoff Jubilee Postage Stamps of 10,15 and 20 kopeks inscribed on back:-"HAVINO CIRCULATION ON PAR WITH SILVER SUBSIDIARY COIN." 2nd issue,June 1916. ma 1 Ea 11144n mummups Kto Cb storeN wewerao. zoil. 2 ROL, ilmtem UnKAeMe Haw- wt Cb MtAnoili non. 3 Rai Mutiny sogsAtaie Napae- Nt Cy Inscription on back:-"HAVING CIRCULATION ON PAR WITH COPPER COIN." The second issue reissued with large numerals "1" or "2",printed on face of 1 kop.and 2 kop.currency stamp. 3rd issue,September 1917. The Imperial Regis dropped out of inscription and instead large numerals incerted. change was made in the setting of it. Issued only a month before the fall of the Provisional Government, this issue did not have a chance to be distributed through. out the country and be used as exchange money. There- fore. in some circles of Soviet numismatists this partic- ular issue is regarded as a scarce one because of its short period of circulation. but all catalogues made make no differential pricing. The Romanoff Jubilee postage stamps were designed by Richard Zarrinsch, E. Lansere and J. Bilibin; the cliches were engraved by F. Lundin and J. Ksidas of St. Petersburg and Ferdinand SchirnbOck of Vienna—all of them artists and engravers whose names were re- nowned all over Europe. Their creations were highly acclaimed in philatelic literature at the time. When the Romanoff Jubilee currency stamps appeared on the market in 1915, 1916 and 1917, all of them were listed in almost all the then-existing stamp catalogues and are still listed in Scott's Standard Postage Stamp Catalogue. On page 1099 (1970 edition the first issue of 10. 15 and 20 kop. are listed as Nos. 105. 106 and 107 respectively; the second issue without the surcharge on the face (1, 2, and 3 kop. I are Nos. 114, 115 and 116: those surcharged with numerals on the face are Nos. 112 and 113: and the third revolutionar y issue of 1917 are Nos. 139, 140 and 141. From January 2, 1913, the Romanoff Jubilee postage stamps had been in circulation and used as postage: people all over Russia were used to them and were familiar with the images on them, recognizing their PAGE 106 Paper Money WHOLE NO. 35 OM. present or past "Tzar-Gosudars" (popular people's ex- pression when speaking of the emperors). Therefore, the appearance of these stamps as a currency did not create "suspicion," "skepticism" and, what is more. "re- fusal to accept it in payment of wages and goods," as some American "specialists" in Russian currency tried. to convince their colleagues. They forgot that it was wartime and that the disobedience to the law (see above the quotation of the Decree of the Council of Ministers paragraphs 13) and ( 6) in wartime was subject to a court martial and punishable by shooting in 24 hours. The chronicles of this time did not register a single such case. Now and then the propaganda section of the in- ternational Communist Party resorted to a line or two of propaganda about alleged disobedience, as in the "Outline History of U.S.S.R." written in foreign lan- guages for foreign readers. I To be continued) mimm.nnnnn11n11n1n REFERENCE Catalogue of Bows and Paper Money of Russia, R.S.F.S.R., U.S.S.R., Border Territories, and New formed States (1769-1927), by F. G. Chuchin, Moscow, 1927 Catalogue of Paper Money of Russia and Baltic States, 1769-1950, by N. I. Kardakoff, Berlin, 1953 "Romanoff Currency Stamps 1915-1917," by G. V. Salis- bury, The British Journal of Russian Philately, No. 9, July 1952, pp. 231-237 "Romanoff Currency Stamps 1915-1917," by Dr. G. V. Salisbury, The Journal of the Rossica Society of Russian Philately, 1960, No. 59, pp. 21-24; No. 60, pp. 5-8 "Russian Paper Money Alleged to be Postage Stamps," by Vladimir Aleksieff, The American. Philatelist, Sep- tember 1939 Russian Public Finance During the War, by Al. M. Michel- son, P. N. Apostol, and M. Bernatzky. New Haven Uni- versity Press, 1928, pp. 382-385 The CIA.de Real del Monte Y Pachuca Notes for The Bank of Montreal By Maurice M. Gould In June of 1966, on a visit to the International Coin Show in Los Angeles, I looked through a dealer's stock of Mexican paper money. I noticed a few pieces with a large heading "Bank of Montreal" on them and never having seen them before, I purchased them. I tried to get information about these notes, but most collectors and dealers had not seen or heard of them. 1 then started a correspondence with the Bank of Montreal and have come up with the following information on these interesting notes issued during the early 1900's. During this period there was a great deal of political unrest in Mexico and revolutions: huge areas were under the control of various individuals who issued their own currency. In most cases this currency was of little or no value. It is important to note that the Bank of Montreal did not issue notes in Mexico, but that the bills referred to were drawings by the Cia.de Real del Monte Y Pachuca, which was a well established company in Pachuca. This company had an arrangement with the Bank of Montreal whereby the company would issue bearer drafts drawn on its branch in Mexico City. These drafts were the only currency" accepted in Pachuca and the surrounding area for some years. It was due to the stability of these two important institutions that these hills circulated as "money" in Pachuca. The obverse of the bill has the number, date, "Pa- chuca," "Bank of Montreal," "Mexico", "Please pay 1 peso of Mexican currency at legal exchange rate." It is signed by the Director. The reverse had the following printed in Spanish: "This check will be paid on sight, upon presentation, at the Bank of Montreal in the City of Mexico, or at the offices of the Compania de Real del Monte Y Pachuca, providing that the amount of the pre- sented cheques will be of 50 pesos or multiples of this quantity, as the payment in the form of cheques is being made in view of the extreme shortage of bills of small denominations." Also, "Pachuca, Feb. 24, 1915. the Head administrator of the Revenue of I various) in accordance with the article 246 of the corresponding law puts on record that the duty which corresponds to this cheque will be collected in cash according to certi- ficate #68 which contains the Series 'A' of 201. 001 to 60,000: 'C' of 1 to 6,000; 'D' of 1 to 3,000 being the holder of this cheque, obliged to present to the Cia.de Real del Monte y Pachuca within the date (various) counting from the date in order the corresponding stamp should be placed according to article 247. Head Adminis- trator, Mariano Garcia." All of the notes which I have seen to date are in 1 peso or $1 denomination and are dated either 1914 or 1915. Both $5 and $10 notes are listed in the Mexican paper money catalogs, but neither the museums nor the Bank of Montreal has specimens in these values. Some reverses have Mexican stamps on them, including blocks of four; these were probably used as revenue stamps. The actual size of the notes I have is 5 1/A " x 23/4", and are dated early February 1915 to March 1915; some are in black ink and some in red ink. The reverses vary. The Bank of Montreal no longer has any recorded in- formation on these notes in their archives. The infor- mation was obtained from officers who served in the Bank in Mexico in the 1920's. Thanks are due to Mr. J. Carroll. Assistant Secretary of the Bank of Montreal for his as- sistance. It is hoped that more information will come to light from other paper money collectors and specialists. Note: The above article originally appeared in Plus Ultra, Vol. IV, No. 47, the publication of the Azteca Numismatic Society, by courtesy of Mrs. Erma Stevens, editor. WHOLE NO. 35 Paper Money PAGE 107 The Parker House of Boston Notes By Maurice M. Gould The internationally known Parker House, Boston, Massachusetts, is one of the best known stopping-off places in the world. More than a hundred years old, its Parker House rolls are known from coast to coast. In 1854, Harvey D. Parker bought the Mansion House and then proceeded to tear the building down in order to erect the original Parker House. It is on the corner of Tremont and School Streets, in an area of Boston steeped with history. It is across the street from the famed King's Chapel and many other buildings which go back to the time of the Revolution. The hotel opened its doors on April 24, 1856 and was an immediate suc- cess for Harvey Parker, who was born in a small town in Maine. This farmer boy, like the hero of a Horatio Alger story, became a millionaire. It was during the Civil War when there was a short- age of change that the Parker House issued its own paper scrip in four denominations-5c, 10c. 25c and 50c. The notes are dated Dec. 1, 1862. Today I consider them to be fairly scarce. There are a number of sheets in existence, all punch-cancelled. A group of these appeared in Boston approximately 20 years ago and, of course, have been absorbed in collec- tions. Now they are seldom heard of or offered. A number of years ago, for my own information. I called the Parker House to find out if they had a set of these notes. They said they had them in their archives and mentioned to me that the notes were still redeemable. They probably thought I wanted to redeem them, not realizing that they were worth a considerable premium over face value. The Parker House was known by such as Oliver Wen- dell Holmes, who wrote the following short poem about it: OLD PARKER HOUSE Turn half-way round, and let your look survey The white facade that gleams across the way, The many windowed building, tall and wise, The palace-inn that shows its northern side In grateful shadow when the sunbeams beat The granite wall in summer's scorching heat. This is the place; whether its name you spell Tavern, or caravanserai or hotel. Such guests! What famous names its record boasts. Whose owners wander in the mob of ghosts! The Parker House barroom was a meeting place for the famous and annually made $100,000 profit for many years during the period when the dollar was stable. Among the greats who would meet there were Ralph Waldo Emerson, James Russell Lowell, Henry Wadsworth Longfellow, Oliver Wendell Holmes, John Greenleaf Whittier, Louis Agassiz and Nathaniel Hawthorne. When Charles Dickens visited Boston, he resided at the Parker House and his suite became known as the "Dickens Room." During the Civil War the merchant scrip was widely used in Boston and New England. Sometimes these pieces were referred to as shin-plasters. I have seen fairly sub- stantial collections of these small notes in denominations under one dollar, but today they are becoming more and more difficult to locate. The Parker House is also known for the Parker House coin auctions. Some were held there many years ago; Horace Grant, the well-known dealer of Providence. Rhode Island, revived these auctions, and in recent years the Bromfield Stamp & Coin has followed the tradition by having numismatic auctions in the hotel. When you visit historic Boston, be sure to take a walk along Tremont Street, going to the new Government Center and stop to inspect the historic area where the Parker House stands. If you should make this hostelry your headquarters, you will find prices slightly higher than they were in January of 1850 when the bill of fare offered "chicken soup, 12 1/,c," "boiled turkey with oyster sauce or roast beef, 3714c," with "vegetables and all the trimmings" included. They also cooked to order game of all kinds, including venison, partridge, quail, black ducks and squabs. Wines were served in half and quarter pints; top champagnes were $1.75 and India ale. 25c. A pint of cider seemed high at 121-Ac. If you have any Parker House scrip, remember, it is still redeemable, but I cannot vouch for how far it will go at today's inflated prices. It would be hard to believe that the old prices existed if I hadn't seen them with my own eyes on a menu in my possession from the Parker House. a landmark of ye olde and staide Boston town. Swedish Pictorial Note of 1804 Very early paper money usually was void of pictorial decoration and consisted of text, numerals and signatures only. However, a 14 shilling note of the Rixsens Standers Bank I Bank of the Estates of the Kingdom of Sweden has a colorless embossed seal at the top depicting a na- tivity scene with the star of Bethlehem. A Few Low & Novel Serial Nos. $1 1969 J00001010A J00001011A $ 9 8 $1 1969 01111100A 01111111A 8 12 11100101A 11100110A 11101010A 11101011A 7 7 7 10000101A 7 11101100A 7 10000110A 7 11101101A 7 81 1963 10000111A 7 11101110A 7 HC0010001A .. 9 10001001A 7 11101111A 9 H00010010A .. 9 11110100A 7 H00010011A .. 9 11110110A 7 H00010100A .. 9 11110111A 9 H00010101A .. 9 $10 1963A H00010110A .. 9 H00010111A .. 9 J10010100A 21 H00011010A .. 9 J10011010A 18 H00011011A .. 9 J10011011A 18 H00011100A .. 9 /10011100A 18 H00011110A .. 9 $1 1969 )11111000A 9 J11111100A 10 $10 1963 $1 1969 J00100101* 18 0011111A 7 /00100110* 18 0 00010A 8 J00100111* 18 0 00011A 7 0 00100A 8 0 00110A 7 MATCHED SETS 0 00111A 7 $1 1963A 0 01100A 8 $ $ J011111118 10 0 01101A 7 10 1963 100000101A) 0 01110A 7 10 1963 J00000101 `1 Set 0 0001A 7 1 1963A D00000101D1 44 $1 1969 0 0 0010A 0011A 8 7 1010 1963 J00000110A1 1963 100000110') Set 38 01000001A 8 0 0101A 7 01000011A 7 0 011CA 7 5 1934D T00011101A1 01000100A 8 0 0111A 7 1 1963 H00011101A1 Set 23 01000101A 7 0 1000A 7 01000110A .8 0 1001A 7 1 1963 H00011111A (Pr .. 8 01000111A 7 0 1010A 7 10 1963 J00011111A 25 19 01001000A .8 0 1011A 7 20 1963 A01001010A (Pr 29 01001011A 7 0 1100A 7 1 1969 )01001010A 32 7 01001100A 7 000001A 8 1 19578 S01010011A (Pr 8 01001101A .8 000010A 7 1 1969 J01010011A 12 7 01001110A 7 000100A 7 1 1957 B010111018 (Pr 15 01001111A 7 000101A 7 1 1969 J01011101A 20 7 010 0000A 7 000110A 7 1 1957 801011111B (Pr 17 010 0001A .8 000111A 8 1 1969 )01011111A 22 8 010 0010A 7 001001A 7 1 1963A J01110010B (Pr 7 010 0100A 7 001010A 7 1 1969 J01110010A 12 7 010 1000A .8 001011A 7 1 1963AJ01110011B (Pr 7 010 1001A 7 001101A 7 1 1969 J01110011A 12 7 010 1011A 7 001110A 7 1 1963A J01110101B (Pr 7 010 1100A 7 001111A 8 1 1969 J01110101A 13 .8 010 1110A .8 0 0000A 7 1 1969 J01010110* Pr) 10 01100000A .9 0 0001A 7 J01010110A 18 10 01100010A .8 0 0010A 7 1 1969 J01010111* Pr) 10 01100100A 7 0 0011A 7 J01010111A 18 10 01100101A 7 0 0100A 7 1 1963 CO1100011* Pr 7 01100111A 7 0 0101A 7 1969 J01100011A 12 7 01101000A .8 0 0110A 7 1 1963A J01110110B Pr 7 01101010A 7 0 0111A 7 1969 J01110110A 12 7 01101011A 7 1 1963A/011110108 Pr 7 01101101A .8 1969 J01111010A 12 7 01101110A 7 1 1963AJ01111011B Pr 7 01101111A 7 1969 J01111011A 12 71950C$5 1 1963AJ01111101B Pr 7 J11011000B 13 1969 J01111101A 12 7 1 1963A J10000010A Pr 9 $1 1963A 1969 J10000010A 15 9 J 0 1 1 1 0 1 1 1 8 1 1963A J10000011A Pr1969 J10000011A 15 9 9 $1 1969 1 1963A /10000100A Pr 9 1969 )10000100A 15 9 1$ 9691 11011001A11011010A 7 7 10 1 1963AJ10001010A Pr 1969 )10001010A 21 18 7 J01111000A .8 11011100A 7 10 1963A J10001011A Pr 18 11011101A 7 1 1969 J10001011A 21 7 11011110A 7 10 1963AJ10001100A Pr 18 11011111A 9 1 1969 J10001100A 21 8$1 1963A 11100010A 7 10 1963AJ10001101A Pr 18 J01111001B 11100011A 7 1 1969 J10001101A 21 7 MATCHED SETS (Continued) 10 1963A 10001110A Pr 18 50 1 1963A 1935C 1963A C00000051A 100005100D C00005100A 67 12 10 1935C K99996589- 99996600D Uncut Sheet1 1969 10001110A 21 7 1957A C51051051A 12 of10 1 1963A 1969 10001111A Pr 10001111A 21 18 8 1957A 1963A F51051051A C00005151A 12 8 12 725 5 1953B F72000202A 2510 1963A 10010010A Pr 18 1963A D51005100A 12 10 1953A '00582172A 751 1969 10010010A 21 8 1963A D51515151C 19 1 1963B B48892960* 310 1963A 10010011A Pr 18 1963A J55555551A 17 B48892963° 3 1 1969 10010011A 21 7 1963A 151555551B 8 E41706702° 3 10 1963A 10010101A Pr 18 1 1928A S00000057A 21 E41706710* 3 1 1969 10010101A 21 7 1935H B000000571 27 E41706730° 3 10 1963A 10010110A Pr 18 1963A D00000057D 22 E41706733" 3 1 1969 10010110A 21 7 1963A 100000057° 17 E41706738° 310 1963A 10010111A Pr 18 5 1963 P00000570A 11 E41706740° 3 1 1969 10010111A 21 7 1 1969 C00005700A 8 E41706750° 3 10 1963A 10011101A Pr 18 1963 H05555557A 17 L43079133* 4 1 1969 10011101A 21 7 1963A 155555557A 17 [43079160* 4 10 1963A 10011110A Pr 18 1 1935C 100001300D 12 [43079277* 4 1 1969 10011110A 21 7 1935C T00001400D I Pr J19668110A 4 1963A ;00001400* / 19 1935C T00001500D 12 T0000 1 7 00 D 12 1 1963A 23000023A I T00001800D 12 Miscellany 1 1963A J23002300A1 Set 1935C T00001900D) Pr 1 1969 B23002300A1 27 1963A J00001900°1 19 1 1928 A00002222A USN 75 10 1 1 1950D 12700002781 1963A 127000027B I Set 1969 J27000027A1 33 1935C 1957 1935C 100002300D I A00002300A) 100002400D 160002500D Pr 23 12 12 1 1918 FRBN Fr. 719 32 100 1929 FRBN K.C. HF 127 20 1929 FRBN N.Y. STAR VF 75 1 1963A E00727200° 5 1 1969 J14141414A 15 100002600D 12 1 1969 124242424A 15 100002700D 12 1 1969 J 26262626A 15 100002900D 12 1 1963A 127272727131 T00003100D 100003200D 12 12 NOTES 1 1969 J27272727A) Set 36 100003400D 12 1 1 1957B W38383838A1 1963A C38383838A / Set 38 100003500D 100003700D 100003800D 12 12 12 Everything uncirculated unless noted. 1963B J58585858C 1963B 160606060C 1963B J20212223C 1969 )24252627A 1969 ;29303132A 1963B 158596061C 1963B 160616263C 18 18 15 12 12 15 15 1935C 100003900D 100004200D 100004300D 100004500D 100004600D 100004700D 100004800D T00004900D T00005100D I Pr 12 12 12 12 12 12 12 12 Complete refund on anything received within 7 days of air mail shipment. Currency normally sent within 24 hours of order. Exception: 1963A C00005100A 19 2-3 weeks for unknown checks. 1 20 1 1928A K00000049A S00000049A 1963 100000049A 1963A D00000049D 100000049" D00004949A 1963 100004949A 1969 C00004949A 1957B R00000490A 1935C T00004900D 1963A D49494949B 1963A 149000049A 1963 144444449A 21 21 35 22 17 8 8 8 12 12 22 17 17 1935C 1969 1935C 1935C 1963A 1935C 100005400D 100005600D C00005700A 100005800D 100005900D 100006100D 100006200D 100006400D 100006500D 100006700D / C00006700A 100006800D 100006900D 100007200D Pr 12 12 8 12 12 12 12 12 12 19 12 12 12 Lay-away terms for orders over $75.00. LISTS (free with orders or 1 Oc ea.) : Circulated - District - Matching End Nos. - Errors - Federal Reserve Bank Notes - Federal Reserve Notes - Gold Certificates - Low & Novel Nos. - Military Payment Cer- 100007300D 100007400D 12 12 tificates - National Bank Notes 1 1963 H00008800A H00009100A H00009600A H00009800A .13 . 9 9 9 TO0007500D 100007600D 100007900D 12 12 12 No. 1 Face Plates-Palindromes- Rare Blocks C7 Changeovers- Silver Certificates-U.S. Notes. H00009900A .13 1 1928A S00000051A 27 Hi - Lo Nos. . #1 Face Plate 1963A D00000051D 1963A 100000051' 27 17 1 1935A 1963B *99986950A E99679693F 15 7 .. #1 Face & Position Plates HARRY M. COLEMAN Box 3032 Tuscon, Arizona 85702 (602-298-1013) ANA • ANS • SPMC PMCM • RCDA O itot ziAtiltilk1-167,41911t1iEs.4.41,444,41rw.,4 :...,,,kjja4424hagy, '111r9171hINFIN-14ACtlfil1u8 4441V11111•5 NATIONNIAIWEISE No riatiosii commonV • 4TWENT• PAGE 110 Paper Money WHOLE NO. 35 Bank Signatures Overprinted on 1902 Series National Bank Notes by The Bureau of Engraving and Printing By Peter Huntoon In an earlier article in PAPER MONEY (Vol. 9, No. 2), the writer pointed out that the Bureau overprinted bank signatures on some 1902 series National Bank notes be- tween fiscal years 1927 and 1929. Until this report, no one suspected that any of this work had been done at the Bureau. Due to a very fortunate set of circumstances, signature overprinting can now be verified. During a visit with Morton C. Rice of the Bureau staff. the writer mentioned signature overprinting on 1902 National Bank notes. Mr. Rice was not familiar with this work but his curiosity was aroused. He dug through the small supply of sample sheets of 1902 notes owned by the Bureau and much to our surprise came up with two with overprinted signatures. Both were on the Chatham Phenix National Bank and Trust Company of New York, charter 10778, and were as follows: Denomination Plate Check Letters Serials 5-5-5-5 Q-R-S-T 000000 10-10-10-20 J-K-L-D 000000 The 000000 serials are typical of sample sheets. Hand- written in the margin of each sheet was the date No- vember 23, 1927, presumably the day the sheets were completed or delivered to the vault. There is no doubt that the bank signatures were overprinted because they were neatly and firmly impressed into the paper. It was also evident that the Bureau people were very proud of this innovation, as they had taken the time to prepare these samples. The Tip-off Signature overprinting on 1902 series Nationals was a totally unexpected discovery that unfolded when the writer found the following entries in the Annual Reports of the Bureau of Engraving and Printing for the years 1927 through 1929: Table 2—Statement showing amount of reimbursements received for furnishing services and materials in con- nection with printing done for other departments and bureaus Treasury Department Comptroller of the Currency Etched plates and overprinted signatures on national- bank currency July 1, 1926- June 30, 1927 July 1, 1927- June 30, 1928 July 1, 1928- June 30, 1929 Compensation of employees $658.20 $795.41 $925.71 Materials and miscellaneous expenses 32.46 30.48 31.59 $690.66 $825.89 $957.30Total The Notes Unfortunately, the writer was not able to locate a list of notes issued with Bureau overprinted bank signatures. This is disturbing because it is difficult, if not impossible, to distinguish a Bureau overprint from one expertly executed by a private contractor for a bank. It is ob- vious that the budget for the project was small. Only a few overprinting plates were prepared, as is substantiated by the "Materials Expense" entries. Important to the collector, however, is the fact that overprinting is at least verified for some of the Chatham Phenix issues. This hank had a tremendous circulation, $6,199,998 in 1931, so it issued a correspondingly large volume of notes. As a large issue on a New York City bank, these notes are in the "dog house" class because they do not sell well. Consequently, a collector can ob- tain this unique variety for a very modest price. The variety is proven on 5-5-5-5 plate impressions bearing check letters O-R-S-T and 10-10-10-20 impres- sions bearing check letters J-K-L-D. The note shown WHOLE NO. 35 Paper Money PAGE 111 with this article is from plate I). Residing in the collec- tion of M. Owen Warns is an overprinted $20 with serial 97623 from plate C. His note indicates that some im- pressions from the 10-10-10-20 plate G-H-I-C also bear the variety. When searching for this variety on Chatham Phenix notes. look for neatly printed signatures that are repro- duced in glossy black ink on new notes. They must be identical to those shown on the note accompanying this article. The title "Chatham Phenix National Bank and Trust Company" was used after March 16, 1925. Be- cause signature overprinting did not start until fiscal year 1927, only about half of the notes bearing this title will have Bureau overprints. Even so, the number of notes with this variety should be enormous. The writer estimates from observed serials that about one hundred thousand sheets were overprinted fur the Chatham Phenix alone ! A Correction! By Peter Huntoon Please note the following corrections in an article that appeared in PAPER MONEY, Vol. 9, No. 1, entitled "1882 and 1902 Series National Bank Note Varieties Due to Large Circulations." Page 6. Column 2, line 21: the B should be a C. Page 8, Column 2, line 39, 1902 should be 1922. Louis Van Belkum has discovered that serial number- ing in the 1882 and 1902 series did not always revert to 1 in cases where new plates were made after the location of the bank went from Territorial to State status. Reversion to serial number 1 is true for both Arizona and New Mexico in 1912, but in years previous, this convention was not always adhered to. A Glance Back at the Obsolete Bank Note Era By Cliff Murk Illustrated here is a reproduction of Page 45 of "Leavitts Old Farmers Almanack & Miscellaneous Year Book for the Year of Our Lord 1855." Note that the date of the so-called corrected list is August. 1853. It doesn't take much intellect to picture the shortcomings of the banking system that produced our obsolete notes. In fact, if the time lag held the same for the publishing of the Bank Directories and Counterfeit Detectors of that era, it is a wonder that the system worked at all without general chaos in the world of finance. From where we sit now, it is hard to find a reason why a national currency was not established long before it was. Had it been, the financial growth and develop- ment of the country would undoubtedly have progressed much farther and faster than it did. Ali WORTHLESS AND ENCITRRIENT BANK NOTES IN NEW ENGLAND. CORRECTED BY WILLIS & CO., BANKERS, 25 STATE STREET, BOSTON. i".3. DIASSICISCSIITTS. Hillsboro' Bk., Hillsboro'. Penobscot Bank, Bangor. Worthless. !donut Bk., New Ipswich. People's Bank, Bangor. American Bank, Commercial Bank. Piscataqua Bank. Portsmouth Bk., Portsm'th. Winnipiseogee Bk., closed. Saco Bank, Saco. St. Croix Bank, Calais. Stillwater Canal Bk., Orono.Commonwealth Bank, Farmers' Bank, Wolflmrough Bank, Wolfbo-rough. Union Bk., Brunswick (old), closed.Franklin Bank, Fulton Bank, Hancock Bnk., Charter 2 g Worthless. Grafton Bank, Haverhill. Waldo Bank, Belfast. VS ashington Co. Waterville Bk , o., Calme. Waterville. expired, A New Hampshire Bk., Ports- Wiscasset Bank, Wiscasset.Kilby Bank, South Bank, Lafayette Bank, Middling Interest Bk., Oriental Bank, Amherst Bank, Amherst Berkshire Bank, Pittsfield. mouth. New Hampshire Union Bk., closed. Pemigewasset Bank, Plym- outh. CONNEC TICL r. Winthrop Bank, Winthrop. Worthless. Bangor Commercial Bank, Bangor. Charlestown Bank. Worthless. City Bk., Portland. Chelsea Bank, Chelsea. City Bank, Lowell, fraud. Comnal Bank, Tolland. Conn. Mining Co., Hartford. Citizens' Bk. (old plate), Augusta. Duxbury Bank, Duxbury. East Bridgewater Bank. Derby Bank, Derby. Eagle Bank, New Haven. Megunticook Bk., Camden. Maine Bk., Portland. Essex Bank, Salem. Bridgeport Nlanufac. Co. Essex Bank, N. Andover. Uncurrent.Farmers' Bk., Belchcrtown. Farmers' and Mechanics' Bk. Housatonic ic Railroad Co., VkamONT. Worthless. ' South Adams. Hamp're Bk., Northampton. Ipswich Bank, Ipswich. Mendon Bank, 51endon. MAINS. /ForMless. Agricultural Bank, Troy. Bank of Bennington, Ben- nington. Middling Interest Bank, Sa- lens, closed. Agricultural Bk., Brewer. Bangor Bank, of Bangor. Bank of 51anchester (closed). Bank of Orange Co. (closed). Middlesex Bk. Cambridge.., Newbu yportr Newbury-Bk. port. Bangor Commercial Bank, Bank of Bangor. (old). Bank of Old Town. Bank of Woodstock (closed). Commercial Bank of Ver- I I ',aunt, Poultney. Nahant Bank Lynn., Bank of Portland. Essex Bank, Guildhall. Ph renix Bank, Charlestown. Bank of Westbrook (wound Green MountaintainBank. Phinnix Bank, Nantucket. Roxbury.Roxbur y ,Bank up).Bath Bank, Bangor. Jefferson 'Linking Co.Vermont State Bank (and Sandwich Bank, fraud. Castine Bank, Castine. brooches). Sutton Ilk., Wilkinsville. Citizens' Bank (new plate), Windsor Bank, of Windsor. Citizens' Bank, Nantucket. C hanneto thank, Taunton. Augusta. Damariscotta Bank, Noble- RHODE ISLAND. Greylock Bank. a borough.Exchange Bank, Portland. Worthless. 51 ice' Stank, Nantucket. Winthlk anufacturers' & Meehan- Norfo 1 Roxbury,i throp Bank, Bank, - ' Frankfort Bank FrankfortF.klin Band , .1.1eorwia Lumber Co Port- - I' Burrillville , NewStank,p Burrill- villa. Eagle 13ank Newport. Farmers' Exchange Bank, Cocbituate B`k, Bost., worth from 50 to 70 eta on doU. NSW HASIPSHIRIL Worthless. Cheshire Bank (old). Comm .! Bank, Portsmouth. Concord Bank, CConcord laud' Bangor.k,BanGlobe Hallowell and Augusta Bk., Hallowell. Kennebec Bk., Hallowell. Kennebunk B. Kennebunk. Lafayette Bank, Bangor. Maine (late Cumberland). Machias Bank. Gloucester. Farmers' & Mechanics' Bk., Pawtucket. Franklin Bank, Providence. I Mount Hope Bk., Bristol. R. I. Agricult. Bk., Johnston. Hamilton Bank Scituate. Hamilton Ilaok , N. Scituate. Deny Bk., Derry. Negumkeag Bank. Worthless. Dover Bank (old). Oxford Bank, Fryaburg. Exeter Bank. Passamaquoddy Bk., East- Pascoag Bk., Pascoag VII. Farmers' Bank, Amherst. . port. Scituate Bank. J. R. DAVIS, Esq. Oilmanton, New Hampshire, furnishes the fol- lowing : The number of rains in 1853 was 114. The number of snows in 1851 was 15. The whole depth of snow in 1854 was 9 feet 7i inches. The brat apple-blossom In 1851 • was May 19th. Mexican. Memos By Ed Shlieker —Pancho Francisco Villa's name appears on his first issue of paper currency. The famous bandito general for a time was in control of the Mexican government. Villa's notes varied in size according to the value. The larger notes were called "Sabanas" or "Sabanas de Villa." meaning bed sheets. The 50 and 100 peso notes measured four by eight inches! —The "School of Arts" at Toluca. Mexico designed and printed currency notes during the revolution in 1915. They are the Estado Libre y Soberano de Mexico. 20 and 50 centavos and the one peso. They are not finely de- tailed. as undoubtedly they were an emergency issue de- signed and lithographed rather rapidly for immediate release. The school name appears at the bottom of the note on the obverse. Tut MEM 0.541111) E 08973619 G 5 11,X .: X XL; itt,191. lut - 0111112.t .11t Iron IS ttW TIMM Re ma OM. nVIIIX mat MtvAll 0.1144101B4.01 F 26572411 G w. LEG. Sole IS Lunt 71.055 oars. Fttut Axt, Ini n VATE F 265721411 G 6 Vextes.*.a.... PAGE 1 1 2 Paper Money WHOLE NO. 35 Interspersing of Face Plate Numbers on $1 F. R. N. Series 1963A and =1..9638 By Bob McCurdy Consecutive plate numbers (A1108 and A1109) with the higher number in the earlier series. The interested and informed observer of the face plate numbers on the later blocks of the 1963A $1 and 1963B series Federal Reserve Notes will discover that the face plate numbers of these two series are interspersed. This is an interesting situation, since the Barr note signatures are engraved on the plates, and it would ap- pear that plates used to print 1963A notes were engraved after plates used to print 1963B notes. No similar cir- cumstance has occurred since the intermixing of face check numbers in the 12- and 18-subject plates of the 1935D series (narrow I of $1 Silver Certificates. The face plate numbers higher than those of the 1963B series occurring in the 1963A series were first observed in Atlanta notes of the F-G block, and have since been noted in Boston and Dallas notes of the A-D and K-C blocks respectively. It is expected that these higher plate numbers will be found in the later blocks of other banks as well. The star serials from Atlanta began utilizing the high plate numbers near the end of the F39000000" sequence. Others may exist. To date, the following face plate numbers over 1003, the lowest Barr plate observed. have been seen by the author in the 1963A series: 1065 1072 1090 1103 1066 1085 1092 1106 1060 1088 1095 1109 Intermingled with these numbers one can find numer- ous 1963B face plate numbers, such as 1067, 1068, 1087. etc. It is presumed that these Barr plates will fill in all the numbers intervening in the above list. Given these facts, a number of theories as to why 1963A notes were released which had been printed from plates engraved concurrent with 1963B plates can be explored. Perhaps the 1963B plates were engraved and set aside to await Joseph Barr's confirmation to the office of Secretary of the Treasury, at which time they were brought out to print notes to fill orders from the New York, Richmond, Chicago, Kansas City, and San Fran- cisco Federal Reserve Banks. Or is it possible that some technical problem intruded so that the Bureau had to use plates devoid of signatures at the same time as the signature-engraved plates of the 1963B series, and thus cut plates as the situation de- manded? An additional theory which has some plausibility is that the 1963B plates were engraved before President Johnson had chosen Fowler's successor and held with a blank space for the new secretary's signature. Work on the normal blank plates used in the 1963 and 1963A series continued in order to fill pressing orders from certain of the Federal Reserve Banks. After Secretary .Virveny.r/ a /A, iiratt ..414:,:fiC5PCII:Z2Zet-1111416,14,;V:e2; SERIES 1963 B A1109 1-1-sAmt 14. lovrm. S;eprearg milk, ry WHOLE NO. 35 Paper Money PAGE 113 Barr's appointment, the plates for 1963B were finished and put into use to print the notes for the banks issuing the series. Whatever the reason for this unusual occurrence, this mixture of plate numbers in the transition back to signa- ture-engraved plates is of great interest to the paper cur- rency collector, especially if he is concerned with be- ginning and ending plate numbers. Errors Are Where You Find Them By Peter Huntoon Gutters, the white streaks left in a note whenever print- ing occurs over a wrinkle, are one of the most common paper money misprints. This error type is quite com- mon in all series of small notes and can even be found in relative abundance on the large issues. Just to show that fractional currency has not been left out, look closely at the photo of this FR 1281. The largest wrinkle pres- ent is 1/32 inch wide and extends from the upper right downward to the base of the 5c stamp impression at the extreme right. A second, smaller wrinkle cuts through the lower right corner, and several other barely discern- ible wrinkles occur on the right side of the note. The back is entirely normal, which indicates that the wrinkles occurred in the paper after the reverse was printed. SPMC PUBLICATIONS AVAILABLE TAKE ADVANTAGE OF REDUCED PRICES TO MEMBERS WHILE STOCKS LAST Texas Obsolete Notes and Scrip by BOB MEDLAR Postpaid to members, $6.00 Others, $10.50 This is a hard-covered book with 204 large pages and 240 full-size illustrations. Florida Obsolete Notes and Scrip by HARLEY L. FREEMAN Postpaid to members, $4.00 Others, $5.00 This, too, is a hard-covered book, profusely illustrated, with 103 large pages. Send remittances payable to The Society of Paper Money Collectors, Inc. to J. ROY PENNELL, JR. P. 0. Box 3005, Anderson, S. C. 29621 SPMC NEW PUBLICATION COVERING THE NATIO-NAL BAND NOTE ISSL ES of 1929 - 1935 with 225 pages and 324 illustrations is now available from your Society at $9.00. MAIL YOUR CHECK TO: Society of Paper Money Collectors M. 0. WARNS, Treasurer P. 0. BOX 1840 MILWAUKEE, WIS. 53201 PAGE 114 Paper Money WHOLE NO. 35 Famous Americans on the One Dollar Educational Note By Howard W. Parshall Continued from PAPER MONEY No. 31. Page 91) ABRAHAM LINCOLN 1 1809-1865 I 16th President of the United States 1 1861-1865 I Lincoln was one of the truly great men of all time. He preserved the American Union during the Civil War and proved to the world that democracy can be a lasting form of government. Lincoln's Gettysburg Address, and many of his other speeches and writings, are classic statements of democratic beliefs and goals. In conducting a bitter war. Lincoln himself never became bitter. He showed a nobility of character which continues to grow in world-wide appeal. Lincoln was the first President elected by the Republican party. His outstanding asset was insight. Lincoln realized at the beginning of the Civil War that the Union must be saved. Lincoln's second great asset was his ability to express his convictions so clearly, and with such force, that millions of his countrymen made them their own. His third great source of strength was his iron will. The Civil War had to he carried on until the Union was re- stored. At times, people in the North wavered in this purpose. Lincoln never doubted that in the end the North would triumph. ULYSSES S. GRANT (1822-1885) 18th President of the United States (1869-18771 Grant commanded the victorious Union armies at the close of the Civil War in 1865. His success and fame as a general led to his election as President in 1868. Dur- ing his military career, Grant led his troops with energy and determination. He developed great confidence in his own judgment and an ability to learn from experience. These traits also characterized Grant's political career. But the qualities which had brought him military glory were not enough to solve the nation's problems in the 1870's. His enemies called him a poor President, and historians have generally agreed. Grant was the first West Point graduate to become President. His presidency was clouded by disgrace and dishonesty, partly because of his habit of trusting per- sons who pretended to be his friends. Congressional investigations revealed widespread corruption in both state and federal governments. A severe financial panic in 1873 caused the people to react against Grant. To many Americans, he symbolized the confusion and cor- ruption of the times. STATESMEN BENJAMIN FRANKLIN (1706-1790) Publisher. Inventor, Statesman Franklin developed The Pennsylvania Gazette into one of the most successful newspapers in the colonies. Long after his death, the paper was reorganized as The Satur- day Evening Post. He achieved even greater success with Poor Richard's Almanac than with his newspaper. He wrote and published the almanac every year from 1733 to 1758. The fame of this publication rests mainly on the wise and witty sayings that Franklin scattered through each issue. Many of these sayings preach the virtues of industry, frugality. and thrift. "Early to bed and early to rise, makes a man healthy, wealthy, and wise." "God helps them that help themselves." "He that falls in love with himself will have no rivals." As a scientist and inventor he showed the world that lightning is actually electricity. He invented bifocal lenses, the lightning rod, and a stove that gave more heat on less fuel than other stoves. As a statesman Franklin stood in the front rank of the men who built the United States. He was the only man who signed all four of these key documents in American history: The Declaration of Independence (1776 I. the Treaty of Alliance with France (1778), the Treaty of Peace with Great Britain (1783 ). and the Constitution of the United States (1787). ALEXANDER HAMILTON (1755 or 1757-1804) Secretary of the Treasury, Statesman During the Revolutionary War Hamilton fought brave- ly in the Long Island and New Jersey campaigns. In March, 1777, he was made secretary to General George Washington and promoted to lieutenant colonel. In 1782 and 1783, he represented New York in Congress. He was a delegate to th Annapolis Convntion, which met in September, 1786, to discuss changes in the Articles of Confederation. Hamilton drew up a proposal at An- napolis calling for a convention of the states to increase the central government's powers. In the resulting Con- stitutional Convention of 1787, Hamilton became a vig- orous spokesman for a strong national government. His papers supporting it, published in The Federalist, and his speeches in the New York convention, were strong influences in getting the Constitution adopted. WHOLE NO. 35 Paper Money PAGE 115 Hamilton served as Secretary of the Treasury from 1789 until January, 1795, but his influence in govern- ment continued after his retirement. JOHN MARSHALL (1755-1835 I "The Great Chief Justice" Marshall, appointed by President Adams, began his great career as the fourth chief justice on January 31, 1801. At that time the present relationship among the executive, legislative, and judicial branches of the govern- ment had not been established. Nor was the relation- ship between the national government and the states well defined. It fell to Marshall. as chief justice, to solve these problems. In the famous case of Marbury versus Madison (1803), Marshall established the power of the Supreme Court to declare laws unconstitutional. This doctrine which we know today as the power of "judicial review," is now accepted without question. But, if it had not been estab- lished, over strong opposition, the Constitution might have become the same kind of weak charter as the Articles of Confederation. Marshall believed in a strong federal government to enable the United States to act effectively as a nation. A series of his decisions made this principle vital. In McCulloch versus Maryland (1819 Marshall upheld the power of Congress to create the United States Bank. In doing so, he laid down the principle of broad interpre- tation of the federal powers. DANIEL WEBSTER (1782-18521 Senator, Secretary of State. Orator Webster was the best-known American orator and one of the ablest lawyers and statesmen of his time. He gained his greatest fame as the champion of a strong na- tional government. When Andrew Jackson vetoed a bill for rechartering the Bank of the United States, Webster did his best to save the institution, but failed. During his last years in the Senate, he opposed adding Texas to the Union, and also opposed the war with Mexico. He feared that the country might break up because of a quarrel over terri- tories in the West. In a "Union-saving" speech, he fa- vored the Compromise of 1850, and helped get it passed. He served as Secretary of State under three Presidents: William Henry Harrison, John Tyler, and Millard Fill- more. After the founding of the Whig party in the 1830's, Webster became one of its top leaders. His Whig friends thought he deserved to be President, and he ran as one of the party's three candidates in 1836. HENRY CLAY (1777-1852) Representative. Secretary of State. Statesman Clay was a leading American statesman for nearly 40 years. He repeatedly helped hold the Union together through compromises between the North and the South. He became known as "the Great Pacificator." With John C. Calhoun and Daniel Webster, he formed a "great triumvirate" of United States Senators. Their opinions largely controlled Congress during the second quarter of the 1800's. Clay was the best loved of the three. He had a generous nature, charming manner, ready wit, and moving eloquence. These qualities made him one of the most idolized public figures of his time. Clay entered the U. S. House of Representatives in 1811, and was elected Speaker on the first day of the session. He was re-elected to the House and to the speakership five more times. As chief of "the War HaAn ks," he argued in favor of the War of 1812 so strongly that some people called it "Mr. Clay's War." He ran for President three times but never won. He once said: "I would rather be right than President." JOHN C. CALHOUN (1782-1850) Secretary of War and of State, Vice-President Calhoun was a major political figure before the Civil War. He played an important part in national affairs for 40 years. He served as a member of the United States House of Representatives and the Senate, as Sec- retary of War and of State, and as Vice-President. He is best remembered as the theorist of the doctrines of states' rights and nullification. His leadership in these doctrines helped inspire the South's effort to achieve national independence in the Civil War. He felt that his beloved South Carolina, and the South generally, were being exploited by the protective tariff. This favored the manufacturing interests in New England and protected them from foreign competition. Calhoun wrote the "Exposition and Protest" for his state's legis- lature in 1828. It declared that no state was bound by a federal law which it believed was unconstitutional. His closing years in the Senate were marked by strong support of slavery and by encouragement of the annexa- tion of Texas. He opposed the Mexican Way and the Compromise of 1850. (To he continued) World War 11 Prisoner of War Scrip of the United States, by Albert I. Donn. 112 pp., illustrated, $6.50, Krause Publications, Book Div., Iola, Wis. 54945 This hard cover, 6 x 9 inch volume is the first serious effort to catalog the scrip issued to POW's in accordance with Geneva Treaty agreements requiring captors to provide them with monetary needs for health and com- fort. Mr. Donn has divided his listing according to the types of camps of issue, internment, POW and Italian service units. The scrip ticket listings are arranged ac- cording to state of issue, with full descriptions and more than a hundred illustrations. PACE 116 Paper Money WHOLE NO. 35 Society of Paper Money Collectors, Inc. Tenth Annual Meeting The Society of Paper Money Collectors held its tenth annual meeting at the American Numismatic Association convention in St. Louis, Missouri, on August 21, 1970, with 112 members and guests attending the luncheon and awards ceremony. President Glenn Smedley presided and introduced the honored guests, James A. Conlon, Director of The Bureau of Engraving and Printing, and Mrs. Conlon. Mr. Conlon spoke briefly about his pleas- ant relationships with the numismatic fraternity in gen- eral and the Society in particular. Secretary Vernon L. Brown then made his report, which showed that the membership of the Society as of June 30, 1970, was 1,685, a net gain of 132 from the same date in 1969; in addition, 20 more members were admitted during the month of July. Mr. Brown also re- ported that the membership directory would be mailed shortly. Treasurer M. Owen Warns reported a balance of $5,351.56 in the regular accounts as of June 30, 1970, an increase of $1,802.79 over a year ago. He also de- scribed the unusual self-liquidating financing plan used. in the production of the new National Bank Note Book and explained how significant savings were obtained through the use of electronic typesetting and offset printing. In her report, Editor Barbara Mueller pointed to the rapid growth in the size of the magazine and the con- comitant need for articles to balance the increased volume of advertising. Articles on National Bank Notes, small- size and obsolete U. S., checks and foreign material are needed, as well as more response to the "Winner's Circle" feature. Member acceptance of the Money Mart has been gratifying, she reported, but use of the Library is lagging. Members and advertisers were glad to hear that in 1971 still another week will be eliminated from the production schedule. Richard Hoober. Chairman of the Book Committee, reported continuing progress in the preparation of new manuscripts. It is expected that the Minnesota obsolete note listing will appear by the end of 1970 in book form, while the Kansas listing will be included in the next issue of PAPER MONEY. Plans were discussed and priori. ties set up for the 1971 publication schedule. Suggestions were made to approach state historical societies in various areas to assist with the distribution of the books, with the goal of placing more in libraries and educa- tional institutions. Assistance from members who may be in a position to influence such societies is actively solicited. Mr. Smedley, speaking for the Nominating Committee, presented the following slate of candidates for the Board. of Governors: Vernon L. Brown Forrest W. Daniel Nathan Goldstein II William E. Harrison Robert E. Medlar All nominees were unanimously elected. Mr. Smed- ley pointed out that the terms of office were now in bal- ance, with five Board members to be elected annually henceforth for three-year terms. Mr. Smedley, again speaking for the Awards Com- mittee, made the following presentations: Awards of Merit were conferred on Vernon L. Brown and M. Owen Warns. Mr. Brown was cited for his ex- cellent work as Secretary and his painstaking efforts in preparing copy for the new membership directory. Mr. Warns was honored for his outstanding work as Treasurer and his ingenious work in preparing and following through on the publication of The National Bank Note Issues of 1929-35. Literary Awards for the best articles in PAPER MONEY were: First, to Roland S. Carrothers for "Silver Certificates— A Minor Variety The Change-Over Pair," published in Volume 8, Number 4. Second, to Everett K. Cooper for "Paper Money Is- sued by Railroads in the Confederate States of America." published in Volume 8, Numbers 2 and 3. Third, to William A. Philpott for "Rare Signatures on Large Size U. S. Currency," published in Volume 8, Number 3. Honorary Memberships in the Society were conferred on the Hon. James A. Conlon, Director of The Bureau of Engraving and Printing, as a token of appreciation for his cooperation with hobbyists, writers and the gen- eral public; and on Barbara R. Mueller for her work as Editor of PAPER MONEY and other efforts on behalf of the Society. SUPPORT YOUR SOCIETY • Write articles for PAPER MONEY. Contact the Editor for assistance. ® Advertise in PAPER MONEY. Contact the Editor. " Use the Library. Give to the Library. Contact the Librarian. o Get a new member. Ask Secretary Vernon Brown for application blanks. new WHOLE NO. 35 Paper Money PAGE 117 No. New Members SECRETARY'S REPORT New Membership Roster Dealer or Collector Specialty 2781 Carolyn M. Gordon (Mrs.), 2902 Dellwood Drive, Lake Oswego, Ore. 97034 2782 Frank Stiefel, Churchlane Road, RD 5, Box 115A, Saugerties, N. Y. 12477 2783 Douglas D. Carberry, 3301 Westwood Dr., N.W., Cedar Rapids, Iowa 52405 2784 Jesse B. Gilmore, P. 0. Box 91, Nampa, Idaho 83651 2785 Andrew N. Hochman, 54 Mounthaven Drive, Living- ston, N. J. 07039 2786 Glen McCarty, P. 0. Box 227, Reserve, N. Mex. 87830 2787 B. G. Wade, P. 0. Box 10033, Alameda, Albuquerque, N. Mex. 2788 Gary G. Graham, 1309 29th Street, Bettendorf, Iowa 52722 2789 Louis Brand, 80 Sayles St., Lowell, Mass. 01851 2790 Ples Stanley, 1862 Roxford Rd., Cleveland, Ohio 44112 2791 Robert David Cowling, 2340 Mt. View Terr. SW, Roanoke, Va. 24015 2792 Brian John Birch, 121 Haydn Road, Liverpool, L 14-4 BW, England 2793 C. R. Smith, 88 Maureen Drive, Heath, Ohio 43055 2794 Douglas Constantine, P. 0. Box 322, Tyngsboro, Mass. 01879 2795 Charles R. Cowles, Box 58271, Vernon, Calif. 90058 2796 Robert G. Seiferth, 840 Plaza Place, Ocean City, N. J. 08226 2797 Norman E. Decker, 1252 Scenic Drive, Glendale, Calif. 91205 2798 Daniel Vander Werf, Jr., 328 W. 30th St., Holland, Mich. 49423 2799 Dale Milby, Route 1, Fullerton, Nebr. 68638 2800 Frank Levitan, 530 Southern Blvd., Bronx, N. Y. 10455 2801 Orin H. Peterson, Route 1, Urich, Mo. 64788 2802 G. H. Lloyd, P. 0. Box 253, Paris, Tenn. 38242 2803 William D. Ogline, R.D. #2, P. 0. Box 542, Somerset, Pa. 15501 2804 Kenneth E. Black, 122 Allen Street, Lansing, Mich. 48912 2805 Ray Patterson, 533 Meek Street, Sharon, Pa. 16146 2806 Lou Zimbler, 2216 E. 2nd St., Tucson, Ariz. 85719 2807 Julian Leidman, 8439 Georgia Ave., Silver Spring, Md. 20910 2808 Dale Ennis, 108 Lee, Coalgate, Okla. 74538 2809 Larry Wayne House, RR #5, Carbondale, Ill. 62901 2810 E. Barrett Knock, 710 Americana Dr., Apt. 24, Annapolis, Md. 21403 2811 William S. Nix, P. 0. Box 1163, Newport, Ore. 97365 2812 Mrs. Beate Rauch, P. 0. Box 60321, Terminal Annex, Los Angeles, Calif. 90060 2813 William M. Kinnersley, 2914 Rio Grande St., Aus- tin, Texas 78705 2814 Ephraim Saphir, 1730 Losantiville, Cincinnati, Ohio 45237 2815 Frank DeMarco, 1200 Skyway St. N.E., N. Canton, Ohio 44721 2816 Roger H. Durand, 448 River Road, Lincoln, R. I. 02865 2817 Harriet Moreloo, 26 Clifford Drive, West Hartford, Conn. 06107 2818 Irvin Eilers, 911 Foulk Road, Waterloo, Iowa 50702 2819 Milton G. Phillips, P. 0. Box 157, Goldenrod, Fla. 32733 C U. S. small size notes C, D U. S. and Canada paper money C U. S. large size notes and all $2 hills C U. S. all types C C U. S. large and small size notes D C U. S. $1 and $5 bills C Mexican currency 1914-18 C Currency of Great Britain C U. S. large size notes ; obsolete and National Currency from Licking County, Ohio U. S. broken bank notes U. S. small size notes C, D General C Confederate and obsolete notes C Miscellaneous paper money and checks C Nebraska National Currency C U. S. large size notes—New York West Chester County C U. S. small size notes C U. S. small size notes C, D U. S. all types and series C Federal Reserve Notes C General C Federal Reserve Notes—$1 D C National Bank Notes C, D U. S. silver certificates—large and small size C C Unsigned notes C, D Germany, Austria C Block letters C U. S. C U. S. type sets C Depression scrip of 1933; Rhode Island notes; broken bank notes , C U. S. C, D First National Bank notes and broken bank notes C U. S.—large size notes mostly PAGE 118 Paper Money WHOLE NO. 35 2820 2821 2822 AMN Richard J. Reinold, CMR #1, Box 76, Ent AFB, Colo. 80914 James D. King, Box 196, Ridgewood, N. J. 07451 Mrs. J. L. Becker, 1357 Pitman Ave., Palo Alto, C D D C U. S. small size notes—gold and silver cer- tificates; U. S. Notes U. S. small size notes Calif. 94301 2823 Whitney L. Brooks, P. 0. Box 148, Torrington, Conn. 06790 C U. S. Notes and colonials 2824 Charles H. Cox, Leland, Iowa 50453 C U. S. small size National Currency 2825 Rev. Edmund J. Yahn, 1516 Warwood Ave., Wheel- ing, W. Va. 26003 C National Bank Notes of West Va. 2826 David F. Thompson, 7509 Ambergate Pl., Apt. 1, McLean, Va. 22101 C U. S. large size notes of the western states 2827 William C. Bright, 4310 Round St., Cedar Falls, Iowa 50613 C, D National Currency 2828 Leland W. Stickle, RR 1, Tampico, Ill. 61283 C National Bank Notes of N. Dak. and Ill. 2829 Edward R. Landers, P. 0. Box 413, Latham, N. Y. C, D U. S. large size notes 12110 2830 Antonio Sartori, Jr., 1 N. Franklin St., Athens, N. Y. 12015 C U. S. large size notes 2831 Harold D. McClure, 1169 Kettering Street, Davison, Mich. 49523 C Foreign and U. S. Military Payment Cur- ency 2832 Robert P. Hoskins, 97-04 116th Street, Richmond Hill, N. Y. 11419 C U. S. $1 types ; National Bank Notes and obsolete currency of Lewis County. N. Y. 2833 John E. Panek, 1122 Davis, Deerfield, Ill. 60015 C U. S. $1 and $5 notes 2834 Eugene F. Bright, 2604 Walnut, Cedar Falls, Iowa C, D National Currency 50613 2835 William F. Duffy, 1307 Grant Ave., Woodlyn, Pa. C Confederate currency; U. S. $1 19094 2836 Geo. C. Brousseau, 1353 Sunset Blvd., Los Angeles, Calif. 90026 C U. S. large and small size notes 2837 Nancy Ruddy, 6922 Hollywood Blvd., Suite 810, Hollywood, Calif. 90028 C, D $3 obsolete notes 2838 Louis F. Dawson, Sr., Rt. 2, Box 221, Wilmer, Ala. C 36587 2839 Stanley Czerminski, 533 E. Pearl St., Toledo, Ohio C Odd serial numbers, errors 43608 2840 Clifford D. Guertin, 604 Baylor Ave., River Vale, N. J. 07675 C 2841 Edwin T. Kuether, 1815-3rd Ave. S.E., Austin, Minn. 55912 C, D U. S. National Bank Notes 2842 A. L. Lewis, 55 Wellington Ct., Wellington Rd., St. C U. S. and foreign banknotes John's Wood, London, N. W. 8 England 2843 Dean W. Williams, Warwick Ave., Northfield, Mass. C, D U. S. 01360 2844 Al. 0. Robertson, 1203 Oxford, Fort Worth, Texas 76114 C Confederate currency and broken hank notes 2845 Dale Allan Seppa, 30 West Chicago, Chicago, Ill. C, D Ecuador—South America 60610 2846 Vincent F. Torhan, P. 0. Box 33, Springfield, N. J. C, D Currency of the African countries 07081 2847 Thomas J. Foster, 5631 Heiskill St., Philadelphia, Pa. 19144 C U. S. small size notes 2848 Guy Giaimo, Box 1205, San Mateo, Calif. 94401 C, D Foreign and Military Payment Certificates 2849 Richard Neubauer, 733 N. Homan Ave., Chicago, Ill. 60624 C U. S. and foreign 2850 Fremont J. Lobbestael, 1235 Hogback Rd., Ann C U. S. National Bank Notes, small size Arbor, Mich. 48104 SPMC Member Again Wins Nathan Gold Award SPMC continues to monopolize the Nathan Gold Memorial Award which is presented annually by Numis- matic News to the person who has made a concrete con- • tribution to the advancement of paper money collecting. The tenth winner, like all previous winners, is a valued member of this Society—Raymond S. Toy of El Cajon, Cal. The leading authority on military currency. Mr. Toy has published four major catalogs in the field since 1964 and thereby popularized a previously unpopular series. WHOLE NO. 35 Paper Money PAGE 1 1 9 MONEY MART FOR USE BY MEMBERS OF THE SOCIETY ONLY PAPER MONEY will accept classified advertising from members on a basis of 5c per word, with a mini- mum charge of $1.00. The primary purpose of the ads is to assist members in exchanging, buying, sell- ing, or locating specialized material and disposing of duplicates. Copy must be non-commercial in na- ture. At present there are no special classifications but the first three words will be printed in capital letters. Copy must be legibly printed or typed, accompanied by prepayment made payable to the So- ciety of Paper Money Collectors, and reach the Editor, Barbara R. Mueller, 225 S. Fischer Ave., Jeffer- son, Wis. 53549 by Nov. 10, 1970. Word Count: Name and address will count for five words. All other words and abbreviations, figure combinations and initials counted as separate words. No check copies. discount for four or more insertions of the same copy. Sample ad and word count: WANTED: CONFEDERATE FACSIMILES by Upham for cash or trade for FRN block letters, $1 SC, U. S. obsolete. John Q. Member, 000 Last St., New York, N.Y. 10015. (22 words; $1; SC; U. S.; FRN counted as one word each) MISSOURI CURRENCY WANTED: Nationals, obsolete and bank checks from St. Louis, Maplewood, Clayton, Manchester, Luxemburg, Carondelet and St. Charles. Ronald Horstman, Rt. 2, Gerald, Mo. 63037 OBSOLETE, MPC, MILITARY, Southern States, bought, sold and traded. Especially interested in notes of Ten- nessee, Alabama and any Louisiana parish or town notes. Need for my collection $5 MPC Series 541. Have large stock to trade. Paul E. Garland, 608 Mountain View Ave., Maryville, Tenn. 37801 WANTED: NATIONAL BANK Notes chartered under 100, also Wisconsin National Bank notes large or small size. M. 0. Warns, P. 0. Box 1840, Milwaukee, Wis. 53201 WANTED: PROOF & SPECIMEN notes from any state or country. Especially want Southern proof notes, die Proofs of vignettes used on paper money, engravers' sample sheets, books of vignettes, Bank Note Lists and Counterfeit Detectors. Also want all kinds of South Carolina paper money. J. Roy Pennell, Jr., P. 0. Box 858, Anderson, S. C. 29621 WANTED: SOUTH CAROLINA National Bank notes. Also South Carolina obsolete, proof, colonial & scrip wanted. J. Roy Pennell, Jr., P. 0. Box 858, Anderson, S. C. 29621 WANTED: OKLAHOMA NATIONALS. Large and small national bank notes wanted on all towns and cities in Oklahoma. Will buy for cash or trade notes from other states. Please price and describe or send for offer. Dale Ennis, Box 14, Coalgate, Okla. 74538 WANTED: 1929 NOTES on Charter #666 New London, Conn. and Charter #888 on Newport, N. H. M. 0. Warns, P. 0. Box 1840, Milwaukee, Wis. 53201 SEND 12c FOR postage for large printed pricelist of Mississippi through North Carolina notes. Want lists will he answered individually for Canadian, Confederate and other States not on the pricelist. Helen H. William- son, 628 Belleville Ave., Brewton, Ala. 36426 FOREIGN PAPER MONEY and Military Payment Cer- tificates wanted. Please describe and price or send insured for fair offer. Joseph Persichetti, Box 423, Great Neck, N. Y. 11022 DELAWARE OBSOLETE NOTES and scrip wanted; also information, photos of Delaware notes for Wismer listing. Collect other Delaware-related items. Cash or trade. Terry A. Bryan, 230 American Ave., Dover, Del. 19901 WANTED: CONFEDERATE CURRENCY. I especially need Criswell T5, T11, T12, T15, T21, T23, T27, T32 and T35. I will buy more common notes also. Send for my complete want list of CSA and Southern States' Bills. Ralph E. Plumb, 414 Live Oak Lane, Dunedin, Fla. 33528 WANTED: NATIONAL BANK Notes of Nashville, Tenn.; Smyrna, Tenn.; and Pittsfield, Ill. Price and des- scribe. Charles Dean, Box 2262, Nashville, Tenn. 37214 WANTED: LOW SERIALS: Interested in any crisp U. S. notes with serial #00000056. I. L. Gittleman, P. 0. Box 164, Monroe, Mich. 48161 WANTED: OLD CHECK protectors. Books on penman- ship, forgery, counterfeiting; also Counterfeit Detectors. All letters answered. Larry Adams, 969 Park Circle, Boone, Iowa 50036 FOR SALE : MARYLAND obsolete. Am breaking up collection. Have some scarce broken notes at reasonable prices. W. F. Hurley, 709 Murdock Road, Baltimore. Md. 21212 $100 MONTANA NATIONAL note (large or small) wanted for personal collection. Also other Montana notes. Milton Sloan, 7th & Park, Whitefish, MT 59937 NEED MEMBERS' HELP: Reasonable premium for $1 FRN's, CU only, with serial ending in four 5's (example: L-xxxx5555-A). Write first, everyone answered. Also world notes of any "ONE" denomination (any serial). Thanks for past help. Robert N. Arvidson, P. 0. Box 1382, Saugus, Cal. 91350 NORTH CAROLINA NATIONALS wanted: small size. Jim Greene, Box 182, Sparta, N. C. 28675 EXCHANGE TRADE LIST radars, matched, low serials. Jim Greene, Box 182, Sparta, N. C. 28675 MISMATCHED SERIALS WANTED: write with de- scription. Trades welcome. Jim Greene, Box 182, Sparta, N. C. 28675 WANTED: MILITARY PAYMENT Certificates, es- pecially Series 472 and 591. Have notes to trade. De- scribe or send for offer. C. Hutchason, 4145 Lincoln Way, San Francisco, Ca. 94122 WANTED: TWO UNITED States 1876 Centennial Inter- national Exhibition Stock Certificates issued by the Cen- tennial Board of Finance, Philadelphia. Selling uncut sheet of 15, 50c notes, Macon, Miss., 1864, $82.50. Uncut sheet of 7, $2 and 5, $3 notes, Macon 1864, $82.50, unc. Need rare Mississippi notes for personal collection. John C. Coleman, 1231 Quinn St., Jackson, Miss. 39202 PAGE 120 Paper Money WHOLE NO. 35 Lamberton Gives Magazines to Library Through an unfortunate error on the Librarian's part, the donation of 25 issues of The Virginia Numismatist listed in PAPER MONEY No. 34 was not attributed to the member who gave them to the Library. Major H. A. Lamberton of South Miami, Fla. is the thoughtful mem- ber who has made these magazines available, and both our apologies and thanks go to him. Important Library Notice! The Librarian will he unable to fill any requests for material from the Library from September 10, 1970 through October 25, 1970. Please send your requests before or after this period. Thank you for your in- dulgence. BRM Library Notes SPMC member Richard Banyai has made available to the Society at a most attractive price many duplicates, etc., from his extensive library on economics and mone- tary matters. In order to take advantage of his offer, the Editor purchased three large cartons of books, pamphlets, etc., and is now in the process of sorting, reviewing and cataloging the material. After selecting the few items she desires for her personal library, she will donate the rest to the SPMC Library. Watch for the new listings in future issues. For now, the following items will he immediately available to the members: BOOKS F-I, Federal Reserve System Board of Governors— The Federal Reserve Act As Amended Through October 1, 1961 K-2, Knight, H. McC.--A Simplified Guide to Collect- ing American Coins, 1959 R-4, Robinson, C. R. and Young, C. B. A Nation Without Coins, 1965 REGULAR ADDITIONS TO THE PERIODICALS SECTION ANA Club Bulletin: Feb., March, April, May, June 1970 The Canadian Paper Money Journal: Vol. 6, No. 2, April 1970 The Essay-Proof Journal: Vol. 27, No. 2, 1970 The Numismatist: Vol. 83, Nos. 4 to 6, 1970 Paper Money: Vol. 9. No. 2. 1970 RULES FOR USE OF THE LIBRARY 1. Use of the Library is restricted to members of The Society of Paper Money Collectors in good standing. They may borrow books for a period of two (2) weeks. Ex- tension must be arranged with the Librarian in advance. 2. Postage and insurance both ways must be paid by the borrower. All payments must be in U. S. funds or unused U. S. postage stamps. A postal card will be used to notify the borrower of shipment and the shipping costs to be remitted. 3. All items must be handled carefully and returned promptly in suitable wrappings, with the same class post- age used by the Librarian. 4. Requests must include the applicant's SPMC number. Requests for books and pamphlets should be made by the identifying code, such as M-2, R-1, etc. Requests for periodicals should be made by name, volume and issue number and year where possible. 5. Borrowers are responsible for Library property from the time it is received by them until it is returned to the Library. Bank Checks as Mexican Currency By Ed ShNeker Bank checks were used as legal currency during the Mexican revolution of 1914 due to the lack of Federal issues. In many cases the validity of these check notes was greater than that of the existing regular currency. They were emergency issues created to meet the demand and need of the time. One typical special series was issued in several denominations by the Banco de la Laguna de Coahuila of Torreon. The Bank of London and the German-Southamerican Bank of Berlin were very active in Mexico during the revolutionary period. They both issued emergency bank checks for currency. These are the state of Coahuila re- leases on Banco de Londres y Mexico and the Deutsch- Sudamerikanische Bank (Berlin). British Currency in Africa British-type notes inscribed East African Currency Board date from the establishment in 1919 of a common currency for British colonies in East Africa to replace the Indian rupee, German and Italian versions of it, and Maria Theresa talers. The notes eventually circulated in Kenya. Tanganyika, Uganda, Zanzibar, Aden and Somaliland, as well as war-time Ethiopia. In June 1965. the newly independent states of Kenya, Tanzania and Uganda provided their own central banks and currencies. thus sounding the eventual death knell of the EACB notes. CONNECTICUT $ 1.00 Stonington Bank. Unc. 5.00 Stonington Bank. Unc. 10.00 Stonington Bank. Unc. $ 7.50 5.00 9.75 3.00 Saybrook Bank. PROOF on Card. 85.00 1.00 City Bank of New Haven. Unc. 6.75 2.00 City Bank of New Haven. Unc. 8.00 3.00 City Bank of New Haven. Unc. 12.50 5.00 City Bank of New Haven. Unc. 6.75 10.00 City Bank of New Haven. Unc. 12.50 20.00 City Bank of New Haven. Unc. 8.75 50.00 City Bank of New Haven. Unc. 14.50 100.00 City Bank of New Haven. Unc. 18.75 .10 Charter Oak Bank. Unc. 5.00 1.00 Bank of New England. Unc. 4.00 2.00 Bank of New England. Unc. 4.50 3.00 Bank of New England. Unc. 9.75 5.00 Bank of New England. Unc. 4.00 10.00 Bank of New England. Unc. 8.00 20.00 Bank of New England. Unc. 10.75 UnCut Sheet of 3 Treasury Notes. COLONIAL Dated Feb. 1, 1789 Fine cut cancelled 92.50 UnCut Sheet of Bank Checks on Farmers & Mechanics Bank of Hartford. Sheet of 6 Checks Dated 183- E.F. 14.75 UnCut Sheet of 3 Bank Checks of First National Bank of Willimantic. Dated 188- A.U. 5.50 UnCut Sheet of 20-50 on Norfolk Bank. E.F. 82.5C UnCut Sheet of 3-10-20-50 Union Bank in New London. A.U. 65.00 UnCut Sheet of 50-100 Home Bank. E.F. 150.00 I am buying certain UnCut Sheets of Old Bank Checks. Also certain Sheets of Broken Bank Bills. Also buying large HOARDS of single Obsolete Bills from all States. Please describe and price at once. FRANK F. SPRINKLE P. 0. BOX 864, BLUEFIELD, W. VA. 24701 MAINE and NEW JERSEY OBSOLETE NOTES, CHECKS, DRAFTS AND CERTIFICATES OF DEPOSIT- BEFORE 1890 FAR WESTERN STATES CHECKS, DRAFTS AND CERTIFICATES OF DEPOSIT--BEFORE 1890 ESPECIALL Y MINING COMPANIES OF VIRGINIA CITY, NEVADA I need these for my collection. Please write. ROBERT R. COOK 93 OVERLOOK ROAD UPPER MONTCLAIR, NEW JERSEY 07043 ANA 64247 SPMC 529 EPS 1138 CCRT 71 TOM IS BACK! Legal Tender U. S. Notes Donion No. Series ONES 205-2 205-2 205-2 205-2 934A E-A Mule VG 8.00 F 10.00 934A E-A Mule XF 14.00 U 20.00 934A F-A Mule VG 12.00 F 15.00 934A G-A XF 12.00 U 15.00 101-1 1928 Unc 26.00 205-2 934A H-A F 10.00 VF 12.00 205-2 934A I-A VF 12.00 Unc 15.00 TWOS 202-2205-2 934A J-A VF 12.00 Unc 14.00 934A K-A VG 8.00 VF 10.00 XF 14.00 102-1 1928 VG 10.00 Unc 30.00 205-2 934A L A, VG 15.00 F 20.00 102-2 1928A VG 12.00 Fine 20.00 205-3 934B K A VGF 15.00 Unc 40.00 102-3 1928B VG 50.00 Unc with a Corner 205-3 934B L-A VG 10.00 VF 15.00 XF 20.00 Crease 275.00 205-3 934B L A Unc 25.00 102-4 1928C VG 4.00 F 4.50 205-3 934B L-A Mule VG 90.00 102-5 1928D VG 4.00 VF 9.00 U 15.00 205-4 934C L-A Unc 18.00 102-6 1928E VG 6.00 F 10.00 205-4 934C M-A VGF 10.00 VF 12.00 102-7 1928F VG 4.00 F 6.00 U 15.00 205-4 934C N-A VGF 11.00 VF 12.00 102-5 1928D MULED VG 8.00 U 18.00 205-4 934C P-A VGF 11.00 VF 12.00 102-8 1928G VG 4.00 F 5.00 U 8.00 205-4 934C P-A Mule VG 50.00 Please note GNC means it has been hand-autographed by 205-4 934C Q-A XF 12.00 Unc 14.00 Georgia Neese Clarke in addition to her having been On?, of the signers of this note. WIDE BACKS TYPE 1 102-8 1928G GNC VG 8.00 XF 12.00 205-5 1934D Q-A VGF 10.00 102-8 1928G GNC Unc 18.00 205-5 1934D R-A VGF 10.00 VF 12.00 102-9 1953 Unc Starred 6.50 U 5.50 205-5 1934D R-A F 10.00 Unc 15.00 102-10 1953A U Starred 6.00 U 5.00 205-5 1934D S-A VG 8.00 10.00 U 15.00 102-11 1953B U Starred 6.00 U 4.00 205-5 1934D T-A VGF 10.00 Unc 17.00 102-12 1953C U Starred 5.00 U 4.00 205-5 1934D U-A F 10.00 Unc 17.00 102-13 1963 U Starred 4.00 U 3.50 205-5 1934D V-A VGF 10.00 102-14 1963A U Starred 4.00 U 3.50 NARROW BACKS FIVES 205-5 1934D U-A F 12.00 XF 15.00 U 20.00 105-1 105-1 928 VG 7.50 Fine 9.00 928 VF 12.00 Unc 25.00 WIDE BACKS TYPE II 105-2 928A VG 12.00 Fine 16.00 205-5 1934D U A VF 20.00 Unc 30.00 102-2 928A XF 22.00 Unc 40.00 205-5 1934D V-A VGF 15.00 105-3 928B VG 8.00 Fine 12.00 205-5 1934D V-A CK #2069 Front and 102-3 928B XF 15.00 Unc 23.00 Back Rare Unc 200.00 102-4 928C VG 7.50 Fine 10.00 102-4 105-5 928C VF 15.00 Unc 20.00 928D F 32.00 XF CR 45.00 Following are 1934-D signed by Georgia Neese Clarke and hand-autographed by her also-could be rare combination in these Wide T1 105-6 928E VG 7.00 F 9.00 105-6 928E VF 12.00 XF 16.00 U 19.00 205-5 1934D Q-A VGF 20.00 105-7 928F VG 7.50 F 10.00 XF 14.00 205-5 1934D R-A VGF 20.00 XF 25.00 105-7 928F Unc 20.00 N-B Unc 30.00 205-5 1934D S-A VGF 20.00 105-7 928F GNC VG 15.00 Fine 18.00 205-5 1934D T-A VGF 20.00 105-8 953 Unc 19.00 205-5 1934D U-A VGF 20.00 105-9 953A Star U 20.00 Unc 11.00 105-10 1953B Star U 15.00 Unc 11.00 NARROW BACKS AUTOGRAPHED 105-11 1953C Unc 11.00 205-5 1934D Fine F 25.00 105-12 1963 Star U 7.50 Unc 5.75 HUNDREDS WIDE BACK TYPE II AUTOGRAPHED 100-1 1966 Unc Choice 115.00 205-5 1934D U-A VGF 45.00 SMALL-SIZE SILVER CERTIFICATES FIVES Block 205-1 1934 A-A XF 12.00 Unc 18.00 205-1 1934 B-A Unc 1 8.00 205-1 1934 D-A XF 12.00 205-2 1934A D-A Mule VG 8.50 F 11.00 205-2 1934A D-A Mule XF 20.00 NEW DESIGNS FIVES NO AUTOGRAPHS 205-6 1953 A-A Fine 9.00 Unc 12.00 205-6 1953 B-A VF 9.00 205-6 1953 C-A VF 8.50 - D-A Unc 12.00 205-7 1953A E-A XF 8.50 205-7 1953A F-A VF 7.50 Unc 11.00 205-7 1953A D-A Unc 11.00 205-8 1953B F-A Unc 10,00 * * * * * * * * * * * * * TEN DOLLAR SILVER CERTIFICATES 210-2 1934 A-A VGF 17.00 XF 23.00 210-2 1934 Unc 33.00 THE FOLLOWING 1934 TENS MULED 2 0-2 934 A-A VG 16.00 FVF 20.00 2 0-2 934 A-A XF 25.00 Unc 33.00 2 0-3 934A A-A VF 18.00 XF 26.00 2 0-3 934A B-A VF 17.00 XF 25.00 2 0-3 934A A-A Mule VG 90.00 2 0-3 934A A-A Experimental VF 60.00 2 0-4 934B B-A VG 40.00 VGF 65.00 2 0-5 934C B-A FVF 16.00 XF 17.50 2 0-5 934C B-A Unc 19.00 2 0-6 934D B-A FVF 16.00 Unc 19.00 These 1934D are autographed by Georgia Neese Clarke, who is the signer of same. 210-6 1934D B-A FVF 25.00 U 30.00 210-7 1953 A-A VF 18.00 Unc 26.00 210-8 1953A A-A Unc 27.00 210-9 1953B A-A VF 18.00 Unc 25.00 EXPERIMENTAL ISSUE OF 1935A SILVER CERTIFICATES R201 Red "R" GVG 15.00 S201 Red CVO 14.00 Pair 28.00 5201 Red "5" Unc 60.00 * * * * * * * * * * * * NORTH AFRICA EXPERIMENTAL A205-2 Five 1934A Block K-A and Face Check Number 307 FVF with Fold Cata- logs *Rare* 100.00 A210-2 Tens 1934A Block A-A Face Check #86 Fine 35.00 A210-2 Ten 1934A Block B A Face Check #86 FVF 50.00 HAWAIIAN ISSUE BROWN SEALS AND SERIAL NUMBERS H201 Ones 1935A Unc 7.50 HSO5-1 Fives 1934 Fine Muled 40.00 Unc Muled 60.00 HSO5-2 Fives 1934A F 10.00 VF 15.00 XF 20.00 VG 9.00 H510 Tens 1934A VG 17.00 F 22.00 HSO0-1 Twenty.s 1934 VG 45.00 F 65.00 VF 100.00 H520-2 Twentys 1934A VG 27.00 Fine 32.00 VF 35.00 * * * * * * * * * * * * * NORTH AFRICA AND EUROPEAN INVASION NOTES ALL WITH YELLOW SEAL A201 Ones 1935A Unc 12.50 A205-2 Fives 1934A Unc 25.00 VGF 11.00 F 15.00 XF 18.00 A210-2 Tens 1934A VGF 16.00 F 22.00 Unc 40.00 XF 30.00 * * * * * * * * * * * * * We have a few 1963A One Dollar Federal Reserve Notes: 75 Pieces New York Starred 1.15 each 100 New York not Starred 1.10 each 40 San Francisco not Starred 1.10 each 95 Cleveland not Starred 1.10 each Have Few Fives: 80 1950E New York 6.50 each 70 1950B Atlanta 6.50 each We also have packs and part packs of Silver Certificates: 100 Notes 1928A Block S-A 700.00 or in lots of ten pieces 8.00 each 98 1928A Block XA for 700.00 or lots of ten at 8.00 each 70 1934 Blocks DA, CA, BA, & GA Mixed, the lot at 425.00 75 1935B Mixed ED, FD 560.00 90 1935C Block PE 270.00 70 1935D Wide Block PF 200.00 90 1935D Narrow Block PF 250.00 50 1935E Block PI .100.00 88 1935E Block XG 180.00 75 1935E Block QH 150.00 100 1935E Block DH 200.00 50 1935E Block NI 100.00 75 1935E Block VH 150.00 50 1935E Block *F 150.00 200 1935F Block °F 275.00 per 100 40 1935F Block WI 60.00 50 1935F Block ZI 75.00 120 1935G Block CJ 270.00 90 1935G Block DJ 200.00 250 1935G Block *G 1000.00 50 1935G Block *G W-M 500.00 525 1935H Block DJ 175.00 per 100 100 1935H Block EJ 185.00 175 1935H Block *G 345.00 100 1957 Block ZA 175.00 50 1957 Block DA, GA, UA 89.00 90 1935F Block XI 157.00 * * * * * * * * * * * * * Also Have 300 New York Barrs at $115.00 per Hundred and 700 New York. Barrs Starred at $125.00 per Hundred. Many of these Notes are one of a kind. Add 85 cents to orders less than $100.00 Please use Bank or Post Office Money Orders for fast action. THOMAS J. SETTLE BOX 1173, CHURCH STREET STA., NEW YORK, N. Y. 10008 Tennessee Obsolete Notes 50¢ Bank of Chattanooga, 1863 V.F. $ 4.50 1.00 Bank of Chattanooga, 1862. Fine 5.50 10.00 Bank of Chattanooga, 1857. Fine 10.00 5.00 Bank of America, u/s. Orange & black. Unc. 7.00 10.00 Bank of America, u/s. Plain. Unc. 8.50 25¢ Bank of Tennessee, 1861. Fine 2.75 50¢ Bank of Tennessee, 1861. V.F. 3.50 5.00 Exchange Bank, 1856. V.F. 7.25 5.00 Agricultural Bank, 1855. Fine 7.00 1.00 Bank of E. Tennessee, 1855 (Jonesboro) V.F. 9.00 2.00 Bank of E. Tenn., 1855 (Jonesboro) Fine 6.00 5.00 Bank of E. Tenn., 1856 (Chattanooga) Fine 6.00 3.00 Farmers & Merch. Bank, 1854 (Red & Black) V.F. 10.00 3.00 Farmers & Merch. Bank, 1854 (Blue & Black) V.F. 10.00 5.00 Bank of West Tenn., 1861. Canc. Fine 4.50 5.00 Southern Bank of Tenn., 1854. V.F. 11.00 1.00 Mechanics Bank, 1854. V.F. 7.50 5.00 Mechanics Bank, 1854. Plain. Unc. 10.00 5.00 Mechanics Bank, 1854. Green 5's. Unc. 10.00 10.00 Mechanics Bank, 1854. Green X. Unc. 8.50 Notes of most states in stock, also colonials. Want lists solicited. RICHARD T. HOOBER P. 0. Box 196, Newfoundland, Penna. 18445 INDISPENSABLE! Please note excellent original issues of the very rare NATIONAL COUNTER- FE IT DETECTOR. ( 1912-18. ) Lists all known counterfeits in all series, 1862 to date of issue! 64 pages each." A wealth of information for the collector, dealer and researcher. Postpaid $20 per copy. 32-page copies (World War I conservation measure) $15 each. These copies also list all known counterfeits to date of issue. M. PERLMUTTER P. 0. BOX 48 WATERTOWN, MASS. 02172 (617) 332-6119 PIIIIIIIIIIIVIIHII1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111E WANTED = Uncirculated Colonial & Continental Paper Money 18TH CENTURY AMERICAN LOTTERY TICKETS IN NEW CONDITION (STIEGEL LOTTERY TICKETS IN ANY CONDITION) SCARCE LITERATURE; REFERENCE COINS & PAPER MONEY IN THE AMERICAN COL- ; ONIES (CLEAN, UNFOXED CONDITION) JAMES R. HOSLER 80 SOUTH MAIN ST. MANHEIM, PA. 17545 A.N.A. A.N.S. WE BUY AND SELL LARGE SIZE U. S. PAPER MONEY WANTED: Choice Condition and Scarce Large Size Notes Only. SEND LIST FIRST, WITH CONDITION AND PRICES. L. S. WERNER 1270 Broadway, New York, N. Y. 10001 Phone LA 4-5669 SOCIETY CERTIFIED PROFESSIONAL NUMISMATISTS ASK YOUR FRIENDS ABOUT US WANTED: ALL CHAMFER PERIODS Large National Bank Notes any denomina- tion, on the Massachusetts towns of: Brigh- ton, Brookline, Dorchester, West Newton, Newtonville, and Watertown. Also: First National Bank of Boston, Mass. Will Buy or Trade. Also: First Charter $20 on Maine. $5 Brownbacks on Conn. All New England first charter notes and Brownbacks. We pay top dealer prices for required large note rarities; rare gold certificates wanted. M. PERLMUTTER P. O. BOX 48 WATERTOWN, MASS. 02172 (617) 332-6119. "Numismatic Dealers and Researchers; Specializing In U.S. Paper Money, Series 1861-1923.- FOR SALE I HAVE SCOTS and IRISH notes in my collection for sale at very rea- sonable prices. I would be very pleased to receive want lists of any British notes—England, Scot- land, Ireland, Isle of Man, etc. BARRY WILLIAMSON 25 EYRE PLACE EDINBURGH EH3, 5EX, SCOTLAND SPMC #2558 IBNS #738 WANTED TO BUY BROKEN BANK • • and other obsolete U. S. Currency available I have a large stock on hand at all times and will be happy to add your name to my mailing list. • WHETHER BUYING OR SELLING National Currency Notes Large Size and 1929 Series Especial ly Want Notes from Small Towns Also Want Obsolete Notes and Material Pertaining to Early America. Write and describe what you have to sell do not send material except upon my re- quest. All letters will be answered. • Please Contact ROBERT A. CONDO WARREN HENDERSON Obsolete Currency Specialist P. 0. BOX 1358 VENICE, FLA. 33595 P. 0. Box 304 DRAYTON PLAINS, MICHIGAN 48020 Member of: ANA, MSNS, SPMC, PMCM, CSNS NEW! ! '' .... from the publishers of George J. Sten's Banknotes of the TVorkl CHINESE BANKNOTES An Indexed, Annotated, Priced, Illustrated Guide by WARD D. SMITH and BRIAN MATRAVERS A new listing in a completely new format covering Chinese paper cur- rencies from the earliest recorded issues in about 650 AD to the present. indexing in both English and Chinese, as well as by category, making note identification quick and easy. knowledge of Chinese is necessary. * $$$ Covers more than 1,100 banks and other issuing agencies—probably three times as many as in any previous listing "'Approxirnately 1,800 illustrations. ****More than 5,000 notes described in detail—sizes, colors, printers, ov a rprints, signature varieties, etc. ****Prices from market records or estimates of value given for all listed notes. "'. "Hard-bound, top quality throughout. Designed for permanent refer- ence use in your library. Size 8 1/. by 11 inches. About 230 pages. ****Well over 100,000 words of commentary or equivalent descriptive material on specific issues and issuers, plus extensive reference information on numbers, denominations, dates, place names, print, re--,verything in one compact book. '''Covers China proper, Manchuria (including Manchukuo), Inner Mongolia, Hong Kong, Macao, Japanese military, puppet, and foreign tanks, communist banks and others, many never previously listed. Very limited edition. No plans are being made for distribution through normal numismatic trade channels. Price $10.00 for North America !One dollar extra for overseas shipments for special packaging & insurance) PAPE It MONEY BUY- SELL - TRADE U. S. LARGE SIZE ONLY Best dealer prices paid, or trades made for Such Fr. Nos. as 124, 265, 267, 291, 292, 295, 296, 297, 323, 324, 586a, 1176, 1188, 1190, 1191, 1192, 1201, 1203, 1204, 1205. Also New England first charter notes and Brownbacks. AMERICANA: Books, Documents, Checks, Letters, Notes, Maps, Certificates, Scrip, Autographs, etc. Inquiries invited. N (4, ' 11 'US M. PEBILMITTTElt (SPECIALIST IN WORLD PAPER CURRENCIES) BOX 259 MENLO PARK, CALIF. 94025 USA A six cent stamp brings my latest eight page informative pricelist. A.N.A., A.N.S., S.P.M.C., P.M.C.M. P. 0. BOX 48 WATERTOWN, MASS. 02172 (617) 332-6119 Southern States Notes 1. 81.00 State of Florida, Mar. 1, 1863, C.19, V.G. $ 7.50 2. $20.00 State of Florida, Oct. 10, 1861, C.4, V.F. $12.00 3. 020.00 State of Florida, Jan. 1, 1862, C.12A, V.F. $30.01) 4. 05.00 State of Florida, Jan. 1, 1862, C.14, V.F. $ 9.50 5. $20.00 State of Mississippi, 1 Nov., 1862, C.34, AU $ 4.50 6. $1.00 State of Mississippi, 1 May, 1862, C.25, ENE $ 5.50 7. $2.50 State of Mississippi, 1 May, 1862, C.24, V.G. 8 7.00 8. 05.00 State of Louisiana, C.10 and 14, set of two notes EXF/AU 7.00 9. 02.00 State of Louisiana, Feb. 24, 1862, C.2, UNC 6.25 10. $1.00 State of Missouri, C.18, UNC $ 9.25 11. 5.00 State of Virginia, Mar. 13, 1862, C.13, V.F. $ 4.75 12. 62.00 State of Florida, Oct. 10, 1861, C.8A, Good $ 7.50 13. $50.00 State of Georgia, Jan. 15, 1865, C.31, UNC $30.00 14. $10.00 State of Georgia, Feb. 1, 1863, C.8, V.F. 13. 820.00 State of Georgia, Apr. 6, 1864, C.23, V.F. 10. 81.00 State of Texas, C.1: Mt, V.F. Pen Cancelled 17. 55.00 State of Texas, C.11A : M7, V.F. Pen Cancelled 18. $5.00 State of Alabama, 1 Jan., 1864, C.15, V.F. 19. 50c State of Alabama, Jan. 1, 1863, C.4, V.F. 20. 50c State of North Carolina. Oct. 1, 1861, C.42. V.F. All notes guaranteed. Orders under $10.00 please add some postage. I want to boy your duplicates. Write or ship for offer. CAPT. ARNOLD BOSTWICK FOR SALE LARGE SIZE NOTES SMALL SIZE NOTES NATIONAL BANK NOTES Send name and address for our current free price list. WANTED NATIONAL BANK NOTES from small California Towns THE VAULT 3.50 3.50 5.00 6.00 5.25 1.15 3.75 168 MISSISSIPPI, COLUMBUS AFB MISSISSIPPI 39701 SPMC 2661 P. 0. BOX 49808 LOS ANGELES, CALIF. 90049 PENNSYLVANIA COLONIALS All fresh, crisp, uncirculated June 18, 1764 (Ben Franklin & David Hall) 6d $135 9d $135 Also a striking duet, the 6d and 9d notes with matching signatures and numbers $300 March 10, 1769 2 Shillings "Bettering House Money" Very rare in uncirculated condition. This note has a faint corner crease $150 April 3, 1772 6d or 9d, $60 each; 1 sh, 18d, 2sh, or 21/2sh, $50 each. Trio - of 1 8d, 2sh, 2 1/2 sh with matching signatures and numbers $150 Most of the above 4/3/72 notes are available with the design touched or just cut on one corner—at 10 percent below above prices. Other choice colonial currency available. In- quiries welcomed. DON C. KELLY BOX 525 TEANECK, N. J. 07666 WANTED Large National Bank Notes with interest- ing or unusual bank or community titles. Prefer notes in very fine to uncirculated condition. Examples of notes wanted: Charter No. City Bank 3192 What Cheer, Iowa First Natl. Bk. 11992 Roseville, Calif. Railroad Natl. Bk. 6331 Welcome, Minn. Welcome Natl. Bk. 8796 Ft. Leavenworth, Kan. Army Natl. Bk. 1274 Edgertown, Mass. Martha's Vineyard Natl. Bk. 8800 Atlantic City, N. J. Boardwalk Natl. Bk. 1146 Springfield, Ohio Mad River Natl. Bk. Bro. of Railway Clerks Natl. 12446 Cincinnati, Ohio Bk. 6674 Bluefield, W. Va. Flat Top Natl. Bk. If you have one of the above, or a similar type note for sale, please write. Give details, condition, and price. DR. HOWARD W. PARSHALL P. 0. BOX 191 PINEVILLE, LOUISIANA 71360 SPMC 556 ANA 59557 Wanted By Collector Lewis County, New York Brokens- The Lewis County Bank, Martinsburgh Bank of Lowville Nationals, Large & Small — Ch. # 348-1st N.B., Lowville 2426—Black River N.B., Lowville 10077—Copenhagen N.B. 10767-1st N.B., Harrisville 10948—Croghan N.B. *11742—Port Leyden N.B. *12836 Lyons Falls N.B. *(will pay premium) also want Nationals & Brokens (no scrip) on these New York State counties: Jefferson, St. Lawrence, Oneida, Herkimer. Please describe, price; all letters answered. ROBERT HOSKINS ANA, ANS, CNA, SPMC 97-04 116th Street Richmond Hill, New York 11419 STOCKS, ETC. S-41 THE BOLIVIA GOLD EXPLORATION COMPANY, Colorado based company. Spread Bald Eagle on rock center issued, gold seal to left, revenue stamps affixed, handsome, dated in the 1920's, 75c ea. 5/03.50 10/S6.00 20/810.00 5 -42 B ABINE BONANZA MINING AND MILLING COMPANY LTD., Vancouver, B. C., center vignette shows six miners drilling deep in mine, brown, blue, rod and white, large desirable certificate, unissued 51.59 S-43 INLAND BREWING & MALTING COMPANY, Spokane, Wash- ington,vignette of brewery to left, orange and black on white, hand- some, unissued 190- $1.50 S-44 SPOKANE TIN MINES COMPANY, Spokane, Washington. scene of hills center, unissued. dated 19 -, $1.00 S-45 REPUBLIC IRON MASK GOLD MINING COMPANY, Spokane, Washington, six small and one large vignettes of miners, gold seal, unissued, attractive, 19—. $1.50 S-46 NORTH BUTTE MINING COMPANY. Montana, vignette shows hydrolic drilling rig in mine being used, on wall, cancelled, green, dated 1906 or 1907 81.25 S-47 as above orange, 1926 01.00 S-48 as above, blue, 1928 81.00 S-49 as above, rose, 1929, 01.00 S-50 as above, light green, 1926 $1.00 S-51 FOREST OIL COMPANY, LIMITED, Reno, Nevada, orange & black on white, bald eagle with spread wings on rock, capital in background, unissued. embossed corm:pin- seal. 19— desirable 51.00 5-52 BLACK BEAR—WAR EAGLE GOLD MINES, mines located on Palmer Mountain, Oka nogu Country, Washington, center ovals show black bear on rock and bald eagle, desirable, unissued, 19—. $1.50 S-53 CHICKAMONSTONE COPPER MINING COMPANY LIMITED, province of British Columbia, com p anies Act of 1897, center vignette shows Bull River Canyon, unissued $1.00 S-54 PEARL CONSOLIDATED MINING COMPANY, Spokane, Wash- ington, vignette to left shows three miners and cart, brown & black on white. unissued. 19—, $1.00 S-55 BASIN GOLDFIELDS LIMITED, Montana, unissued 193-, 50c S-56 BUTTE COPPER CONSOLIDATED MINES, South Dakota. signed by the secretary and the p resident of the company, unissued, 192-. 50e S-57 WATSONVILLE BAKE-RITE BAKERY, California, Eagle vig- nette center, gold seal, unissued, 19—, $2.00 S-58 TH7 PAYMASTFR GOLD MINING & MILLING COMPANY. S p okane, Washington, vignette of capital building center, disc with Justice center below, gold seal, handsome, unissued certificate, 190- 81.50 PAUL R. PEEL 1748 Sawyer Way, Colorado Springs, Colo. 80915 COINS & CURRENCY, INC. 29 SO. 18th STREET PHILADELPHIA, PA. 19103 FIXED PRICES 1. C.S.A. Sept. 2, 1861 $5.00 C.274 Unc. $12.00 C.S.A. Oct. 2, 1862 $100.00 C.298 X.F. 5.00 C.S.A. Dec. 2, 1862 $1.00 C.399 ........ V.F. 11.00 C.S.A. April 6, 1863 $50.00 C.408 V.F. 5.50 5. C.S.A. Sept. 2, 1861 $100.00 C.52 Unc. 20.00 0. C.S.A. Feb. 17, 1864 $100.00 C.490 Fine 3.00 7. C.S.A. Sept. 2, 1861 520.00 C.133 X.F. 6.00 S. C.S.A. Sept. 2, 1861 $10.00 C.151 V.F. 50.00 :). C.S.A. S:pt. 2, 1861 810.00 C.163 c.o.c. V.F. 12.00 10. C.S.A. Sept. 2, 1861 $10.00 C.236 V.F. 5.00 11. C.S.A. Sept. 2, 1861 $10.00 C.201 V.F. 10.00 12. C.S.A. July 25, 1861 $50.00 C.15 Unc. 23.00 13. C.S.A. Sept. 2, 1861 5100.00 C.55 X.F. 8.00 15. C.S.A. Dec. 2, 1862 $5.00 C.383 IA) Unlisted Variety. Letters C&G A.U. 25.00 10. C.S.A. Feb. 17, 1864 $2.00 C.567 Unc. 5.50 17. C.S.A. Feb. 17, 1864 $20.00 C.514 -One. 2.50 VIRGINIA 18. Central Bank $2.00 1802 Fine 4.00 19. Bank of City of Petersburg $2.00 1801 ........ Fine 6.00 20. Bank of Howardsville $20.00 1861 V.F. 8.00 21. Bank of Virginia $1.00 1861 V.F. 8.00 22. Augusta Co. 10c 1862 Unc. 4.00 23. Bank of City of Petersburg $5.00 1861 Canc. V.F. 12.00 24. Richmond 75c 1862 Plain Rev. line. 4.50 25. Corp. Winchester 25c 1861 Blue pr. V.F. 6.00 26. Lynchburg 90c 1862 Fine 5.50 27. Petersburg 50c 1861 V.F. 5.00 28. Brunswick Co. $1.00 1862 Fine 4.25 19. Portsmouth 25c 1862 Unc. 5.00 (0. Bank of Winchester 520.00 Unsigned Unc. 8.00 31. Bank of Commonwealth 81.00 1861 Fine 4.00 32. Portsmouth 51.00 1862 A.U. 4.50 33. Bank of City of Petersburg $10.00 1861 Canc. V.F. 15.00 MASSACHUSETTS 34. Safety Fund Bank 81.00 (ABN) V.G. 7.50 :15. North Bank $1.00 1853 Ink Hole Fine 7.00 36. Bank of Brighton $100.00 1850 Canc. V.F. 11.00 37. Essex Bank $10.00 1862 V.F. 5.00 :38. Continental Bank $5.00 1861 Fine 6.00 39. Franklin Bank 55.00 1835 V.F. 5.00 40. Franklin Bank 510.00 1836 V.F. 4.50 41. Franklin Bank $2.00 1835 Fine 7.25 42. Union Bank 85.00 1863 Red Five V.F. 5.25 43. Bank of Brighton $20.00 1851 Fine 5.50 44. Holyoke Bank 85.00 1858 Canc. Fine 5.00 45. Franklin Bank 53.00 1853 Fine 8.75 40. Tradesman's Bank 83.00 1852 Fine 8.50 47. Bay State Bank $10.00 1864 Unc. 11.00 48. Railroad Bank 85.00 1857 Train Fine 7.50 49. Hadley Falls Bank 85.00 1856 V.F. 7.00 50. Adams Bank $5.00 1862 Fine 5.00 51. Holyoke Bank 81.00 1858 (ABN) Fine 6.00 52. E. Bridgewater Bank $1.25 Unsigned Fine 14.00 NEW YORK 53. Bank of New York 18- $1.00 Beehive affixed, but corners torn Proof 50.00 54. City Trust & Bkg. Co. 81.00 1839 A.U. 8.00 55. City Trust & Bkg. Co. $2.00 1839 Unc. 8.50 56. New York Loan Cu. $10.00 1838 Unc. 7.00 57. New York Loan Co. $20.00 1838 Unc. 7.00 58. Randall Bank 18- $1.00 Left corner off Proof 50.00 59. Exchange Bank 18- $10.00 Early Proof 68.00 60. Monroe Co. Bank 10c, 15c, 25c, Colorful (3 Pcs) Unc. 22.00 61. Abram Krill, Van Hornesville 10c, 25c, 50c Unc. 20.00 02. Thomson Bros. Utica 1862 5c, 15c, 12 Pcs.) line. 10.00 63. Van de Bogert Bros. Schenectady 3c 1862 A.U. 5.00 64. Bank of Hudson $5.00 1814 Early Fine 7.00 65. D. A. Bullard, Schuylersville 10c, 50c, (2 Pcs.) Unc. 9.50 06. Watervliet Bank $5.00 1857 Fine 7.00 RHODE ISLAND 67. Farmers Exchange Bank 85.00 1808 A.U. 8.00 68. R. I. Central Bank $10.00 1855 Ship. Fine 7.00 69. Peoples Bank 18-- 85.00 Small hole at left side. One on right & small taped tears. Train Vignette Proof 40.00 70. State Bank $5.00 18- Hope Vignette Proof 05.00 Send your order with confidence. Add postage under $5.00. Pennsylvania residents, add 6% state tax. Our November paper sale catalog is at the printer's. There's something for everyone-beginner and advanced collector alike. If you are not on our list, please advise. DEALERS and COLLECTORS Please watch for the following North Dakota National Currency, stolen on June 29th. I have Xerox copies for verification. Thank you. Phone 313-242-2850. Series of 1902 (LARGE-SIZE) Denomi- Charter # nation City # 3411 $10 Hillsboro 3248 7905 20 Hatton 4072 6743 20 Hatton 431 10496 20 Reynolds 804 11142 20 Grand Forks 1700 6286 20 Larimore 1497 10721 10 McVille 558 9754 10 Northwood 669 6225 5 Drayton 2604 5980 10 Northwood 356 Series of 1929 (SMALL-SIZE) Charter nation # Denomi- City Serial # 10814 $10 Buxton E000252A 10814 10 Buxton D000067A 9005 10 Sharon F000282A 7905 10 Hatton F000052A 11185 10 Petersburg F000033A 5980 10 Northwood C000060A 9754 10 Northwood B000015A 13594 5 Portland A000580 Type I I 2434 20 Bismarck A000479 Type I I I want to buy all North Dakota Nationals. Also want certain notes from South Dakota, Montana, Minnesota, and Michigan. FOR SALE: Nationals from Minnesota, Ohio, Missouri, Illinois and Kansas. All correspondence answered. GLEN JORDE BOX 572 MONROE, MICHIGAN 48161 Serial First Charter Notes Texas Banks This is a unique collection of First Charter Notes on Texas Banks as it contains 21 of the 26 First Charter Notes on Texas Banks known. Since only five other notes are known, it would be impossible for this collection to be duplicated today. This collection will be sold in its entirety and it is a chance in a lifetime for some discriminating collector, bank, museum or institution to add to their unique items. The price on this extensive collection of First Charter Notes on Texas Banks can be had on request. AUSTIN STATE NATIONAL, $10, Fr. 420, X-F J. G. Palm, C. Lewis Hancock, P. DALLAS CITY NATIONAL, $5, Fr. 404, Unc. E. 0. Tenison, C. Guy Sumpter, V. P. CITY NATIONAL, $5, Fr. 404, V-G E. 0. Tenison, C. Guy Sumpter, V. P. CITY NATIONAL, $5, Fr. 404, X-F Paul Hurst, A-C. A. F. Hardie, P. CITY NATIONAL, $10, Fr. 419, X-F E. 0. Tenison, C Guy Sumpter, V. P. CITY NATIONAL, $10, Fr. 419, V-F E. 0. Tenison, C. Guy Sumpter, V. P. CITY NATIONAL, $20, Fr. 434, X-F E. 0. Tenison, C. Guy Sumpter, V. P. FIRST NATIONAL, $5, Fr. 401, X-F R. V. Armstrong, C. Jno. Hill, P. FIRST NATIONAL, $5, Fr. 401, V-F R. V. Armstrong, C. Jno. Hill, P. EL PASO STATE NATIONAL, $5, Fr. 404, Fine J. C. Lackland, A. C. C. R. Morehead, P. FORT WORTH FIRST NATIONAL, $5, Fr. 402, V-F E. B. Harrold, C. M. B. Loyd, P. CITY NATIONAL, $5, Fr. 402, V-G May Elser, C. J. C. McCarthy, P. TRADERS NATIONAL, $10, Fr. 420, V-F W. R. Edrington, C. H. C. Edrington, P. GALVESTON FIRST NATIONAL, $10, Fr. 416, V-F Thos. Reed, C. J. M. Brown, P. FIRST NATIONAL, $10, Fr. 416, X-F Jas. Findlay, A. C. Julius Runge, P. NATIONAL BANK OF TEXAS, $1, Fr. 380, V-F Chas. J. Noyes, C. M. Koppel, P. HOUSTON FIRST NATIONAL, $10, Fr. 412, Fine A. Wielman, C. B. C. Shephard, P. NATIONAL EXCHANGE BANK, $1, Fr. 382, Fine T. L. Blanton, C. W. J. Hutchins, P. JEFFERSON NATIONAL BANK OF JEFFERSON, $100, Fr. 455, Fine J. 0. Smith, C. W. M. Harrison, P. SAN ANGELO CONCHO NATIONAL, $5, Fr. 405, V-F C. H. Powell, C. Geo. E. Webb, P. SAN ANTONIO SAN ANTONIO NATIONAL, $1, Fr. 380, Fine Jno. R. Brackenridge, C. G. W. Brackenridge, P. BAIN - BROWNLEE - ROWE 1418 Commerce Street, Dallas, Texas 75201 PHONE 214-742-8178 WILLIAM P. DONLON United States Paper Money And Supplies, Exclusively S.P.M.C. NO. 74 p Ref ESSIDIA n NUMISMRTIST: GUI LD • IT'S TOPS IS THE GENERAL COMMENT! DID YOU GET YOURS? KEEP INFORMED! IF NOT AT YOUR DEALER'S, ORDER DIRECT Donlon's 1970 Catalog - 2nd Edition "United States Large Size Paper Money" CHOICE OF TWO BINDINGS: CLOTH $4.60 ppd. REGULAR $3.10 ppd. Autographed if requested. FIRST EDITION 1968, now a collector's item. A few available $2.25 ppd. DONLON'S "U. S. SMALL SIZE PAPER MONEY" -The Little Book with the Big Impact - CLOTH BOUND $2.60 ppd. REGULAR BINDING $1.60 Deduct 25c each book if two or more are ordered at one time Large Stock of Paper Money Supplies VINYL PAGES WILL FIT ANY 3 RING BINDER. Donlon Custom-Made. Each page will safely hold 3 notes in your acetate holders. For small size: 20 pages $6.95 50 pages $17.50 100 pages $34.50 For large size: 20 pages $8.95. 50 pages $21.50 100 pages $41.50 Note: Binders have been discontinued due to costly shippin?„ Have a few on hand for small size pages. One FREE with orders for small size pages. LARGE SIZE WRITE-ON ACETATE HOLDERS 75c doz. $5.95 per 100 LARGE SIZE NO-GLARE ACETATE HOLDERS $1.50 doz. $8.95 per 100 SMALL SIZE NO-GLARE ACETATE HOLDERS $1.25 doz. $8.45 per 100 FLIP-UP ALBUMS, hold 50 to 100 notes in your acetate holders. For small size notes $10.50 For large size $10.50 Please add 50c handling to your complete order, excepting catalogs. N.Y.S. residents please add tax for your area. PRICE LIST OF UNCUT SHEETS FREE. Send self addressed, stamped long envelope. P. 0. BOX 144 UTICA, NEW YORK 13503