Paper Money - Vol. X, No. 1 - Whole No. 37 - Winter 1971


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.e/f/j/Ill /%' / 1,e4V, //e° Ilk H 1/4C4 /, 7(;. 1 4477/1/1/71/4 4/124,1/145. 4,74, /AI 17/////l ie;e/feW // el; 13 &.3 33 Paper litehq DEVOTED TO THE STUDY OF CURRENCY - - Certificate of Deposit issued by a banking firm in Montana, Iowa, a short-lived settlement whose monetary history is told by Larry Adams on Page 18. VOL. 10 1971 NO. 1 Whole No. 37 OFFICIAL PUBLICATION OF society of Paper litetteit Cellectopo CO 1971 by The Society of Paper Money Collectors, Inc. U. S. SMALL SIZE NOTES Superb Crisp New, if not differently stated. # Indicates now as well centered, * Star Note. NORTH AFRICA $10 SILVER CERT. $5 LEGAL TENDER$1 SILVER CERT. 201-1 1928 # $8.95 12.75 201-2 1928A # $6.50 8.95 VF $2.50, AU 4.50 201-3 1928B # $8.95 12.75 201-4 1928C Write 201-5 1928D # 179.75 Superb 219.75 201-6 1928E Write 201-7 1934 # $6.75 11.75 201-8 1935 # $6.75 10.75 201-9 1935A AU 1.75 # $2.95 3.95 201-10 1935B # $7.95 11.75 201-11 1935C _tp $3.45 4.75 201-12W 1935D # $2.95 4.75 201-12N 1935D # $2.95 4.75 201-13 1935E # $2.75 3.95 201-15 1935F # $1.95 3.75 201-17 1935G No Motto. # $1.75 2.95 201-18 1935G Motto. # $2.50 3.95 201-20 1935H # $1.75 2.95 Star 3.50 201-14 1957 * $2.50 1.95 201-16 1957A * $2.50 1.95 201-19 1957B * $2.50 1.95 SPECIALS 1928 to 1957B (18). No 1928C, D, E. # $64.75 97.75 1935D to 1957B (10) 31.75 A few are # $ 17.75 A201 1935A 15.75 A205-2 1934A # 33.75 VF $12.75, AU 19.75 A210-2 1934A $10 35.75 VF $17.75, ExF 21.75 Crisp AU 25.75 HAWAII ISSUE E201 1935A $1 # $8.75 11.50 No. under 800 21.50 No. under 1,000 19.50 No. under 1,500 16.50 HSO1-1 1934 $5 57.50 HSO1-2 1934A $5 39.75 H510 1934 $10 # $41.75 46.75 11520-2 $20 Cr. New Wanted $5 SILVER CERT. 205-1 1934 16.75 205-2 1934A 12.75 Crisp AU 8.75 205-3 1934B 43.75 ExF $19.75, AU 25.75 205-4 1934C 17.75 205-5 1934D 14.75 205-6 1953 12.75 205-7 1953A # $7.75 10.75 205-8 1953B ±t- $7.75 9.75 Above Set (8) # 127.75 Nice Centering 149.75 210-1 1933 Cr. New Wanted 210-2 1934 38.75 210-3 1934A 35.75 210-4 1934B Write 210-5 1934C 22.75 210-6 1934D 21.75 210-7 1953 26.75 210-8 1953A 31.75 210-9 1953B # $23.75 28.75 $2 LEGAL TENDER 102-1 1928 37.75 102-2 1928A # $149.75 169.75 # Corners Rounded 98.75 102-3 1928B Wanted. Write 102-4 1928C # $22.75 27.85 102-5 1928D # $18.75 23.75 102-6 1928E # $27.75 33.75 102-7 1928F # $17.75 21.75 102-8 1928G # $10.75 15.75 102-9 1953 # $7.75 9.75 102-10 1953A # $6.75 8.95 102-11 1953B # $5.45 7.75 102-12 1953C # $4.35 5.95 102-13 Star 6.95 102-13 1963 # $3.85 4.85 102-14 1963A # $3.95 4.95 105-1 1928 AU $16.75 29.5 105-2 1928A # $44.75 69.71 105-3 1928B 27.11 105-4 1928C 21.11 105-5 1928D # $79.75 94.71 105-6 1928E 24.5 105-7 1928F 22.5 105-8 1953 171 105-9 1953A # $11.75 15.5 105-10 1' 53B# $10.75 1395 105-11 1953C 12.0 105-12 1963 6.9 Above Set (12) Writ RED "R" & "S" PAIR R201, S201 Red R & S Pair # $139.75 159' SPECIAL OFFER 201-5 1928D $1 Silver. # 179.: R201, S201 1935A Red "R" & "S" Pair # 139.E Above Three # 219." Above Three-all Superb Crisp New 329.5 $1.00 FEDERAL RESERVE SETS Set, Last 2 Superb Crisp New Complete Sets: Sets Nos. Match Star Set 1963 Granahan/Dillon (12) 18.95 (12) 21.75 (12) 1963A Granahan/Fowler (12) 17.95 (12) 19.75 (12) 1963B Granahan/Barr ( 5) 6.95 ( 5 ) 7.95 ( 4) 1969 Elston/Kennedy (12) 14.95 (12) 15.95 (12) Above Four Sets (41) 62.75 1969A Kabis/Kennedy (12) 14.95 (12) 15.95 Stars sets soon--we We now have most Dist. of K/K Notes-and will accept Advance Orders (shipping sets as soon pleted. If you Want Star Sets, let us know and we'll advise whin in stock. Kennedy Blocks-BR, BC, DR, EB, FB, GB, GC, GD, KB, LB (all 10 $13.751 Kabis Blocks- Any 5 different $7.50 URGENTLY WANTED Kennedy Star Notes-Bundles ending #801-900 Chicago & Minneapolis; Bundles #900-1,000 New York, Atlanta, Minneapolis. Kahis Star Notes Bundles, all Districts (except K.C.). TOM'S ALBUMS ANCO DELUXE ALBUMS All sets in stock. Also Binders. Write for descriptive list. All Shipped Postpaid. For Lane Notes-Size 91/2x11. Colors : Blue- B: own- Cr( d-White. Only $8.75 BOOKS-THE BEST ON PAPER MONEY Following Books Postpaid (add 25c under $10.00). Ask for our Book Catalogue (Lists over 100 different Books on U.S. & World Paper Money). It "Pays" to Know your Paper Money. Donlon's "United States Large Size Paper Money 1861-1923". New 2nd Ed. 3.00 "Catalogue of Small Size Paper Money". New 7th Edition 1.50* Friedberg's "Paper Money of the United States". 6th, Latest Edition Kemm's "Official Guide of U.S. Paper Money". New 9th Edition Hessler's "Official Guide to U.S. Currency". 1970, New 1st Edition Goodman, O'Donnell, Schwartz "Standard Handbook of Modern U.S. Paper Money". 2nd, Latest Edition 1.50* Shafer's "Guide Book of Modern U.S. Currency". 4th, Latest Edition 2.00* SPECIAL-the above FIVE Books, Starred * 5.65* 1011!: Satisfaction Always. Minimum Order $5.00. Add 75c under $50.00 (except books). Nebraskans add Plan. Minimum $100.00. No Carrying Charges. Pay 1/5 down and 1/5 every 30 days for the next 4 months. final payment is received. How about a trial order-You're sure to become a "Bebee Booster". NOWLEDGE corm r;v-, 1 RESPONSIBILITY Star Set, Last 2 Nos. Match 22.95 (12) 21.75 (12) 6.95 ( 4) 17.95 (12) (40) 24.95 22.95 7.95 19.95 73.75 hope. as corn- Each 1.50 Each 1.60 14.00 1.00* 1.00* PROFESSIONk NUMISMATISTS Bebee's, inc. "Pronto Service" 4514 North 30th Street Phone 402-451-4766 Omaha, Nebraska 68111 Sales Tax. Buy on our E-Z Paymto, Air Shipment will he made whrm Paper Money VOL. 10 NO. 1 FIRST QUARTER 1971 WHOLE NO. 37 PUBLISHED QUARTERLY BY THE SOCIETY OF PAPER MONEY COLLECTORS Editor Barbara R. Mueller, 225 S. Fischer Ave., Jefferson, Wis. 53549 Publisher J. Roy Pennell, Jr., Box 3CO5, 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 $40.00 $150.00 Inside Front & Rear Cover 37.50 140.00 Full Page 32.50 120.00 Half Page 20.00 70.00 Quarter Page 12.50 40.00 (Charge for typing copy where necessary, $1.00 per printed page) Schedule for 1971 Advertising Publication Deadline Date Issue No. 38 May 15 June 8 Issue No. 39 Aug. 15 Sept. 8 Issue No. 40 Nov. 15 Dec. 8 CONTENTS Series 1923 One Dollar Bills, by Frank A. Nowak 3 Grading Paper Money, by Hoyt S. Haddock 5 British Philatelic Firms Plunge Into Paper Money Business 5 North Carolina Southern States Currency Unlisted Variations, by David L. Saulmon 6 Scrip of The McNeal Coal Company of Pennsylvania, by Dudley W. Atwood 8 The National Bank Note Issues of 1929-1935 Supplement I, by M. Owen Warns, Peter Huntoon, and Louis Van Belkum 9 Where, Oh Where Are They?, by Louis Van Belkum 12 Confederate Close-Ups, by Everett K. Cooper 13 A National Bank Celebrates 107 Years of Service 15 Corrections to Kansas Listing 15 National Currency, Series 1929: Why No. 1 Sheets Are Not Too Rare, by Wm. A. Philpott; Jr. 16 Observations on Kansas Obsolete Notes, by James F. Lindsay 17 Congreve Printing Booklet Available, by Larry Adams 17 Sam Sloat, Inc. Acquires Tom's Currency Albums 17 History From Montana, Iowa, by Larry Adams 18 Dr. Hjalmer Schacht: German Reichsbank President, 1923-30, 1933-39, by Richard Banyai 19 England Substitutes Weighty Coin for Bank Note 19 Swedish 1804 Note 19 The Card System of Record Keeping, by Howard W. Parshall 20 Paper Money Issued in Russia During World War One 1915-1918 (continued), by Michael M. Byckoff 21 Viet Cong Liberation Notes 29 New MPC's 29 THE SOCIETY OF PAPER MONEY COLLECTORS, INC. Roy Pennell Exhibits at Smithsonian 23 Library Notes 24 The Winner's Circle 25 In Memoriam 25 Secretary's Report 26 Money Mart 28 Cocietv od Paper Jitottqf Collector, OFFICERS President Glenn B. Smedley 303 Homestead Rd., La Grange 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- 1970 - 71 Librarian Barbara R. Mueller Attorney Ellis Edlow BOARD OF GOVERNORS-1970 - 71 Thomas C. Bain, Vernon L. Brown, Forrest W. Daniel, William P. Donlon, Nathan Goldstein II, James L. Grebinger, William J. Harrison, Richard T. Hoober, Brent H. Hughes, Robert E. Medlar, Charles O'Donnell, J. Roy Pennell, Jr.. Glenn B. Smedley, George W. Wait and M. Owen Warns. Society Library Services The Society maintains a lending library for the use of members only. A catalog and list of regulations is in- d in the official Membership Directory available only to members from the Secretary. It is updated periodically in PAPER MONEY. For further information, write the Librarian, Barbara R. Mueller, 225 S. Fischer Ave., Jeffer- son, Wis. 53549, including return postage. SPMC PUBLICATIONS AVAILABLE Texas Obsolete Notes and Scrip by BOB MEDLAR This is a hard-covered book with 204 large pages and 240 full-size illustrations. Postpaid to members, $6.00 Others, $10.50 Florida Obsolete Notes and Scrip by HARLEY L. FREEMAN This, too, is a hard-covered book, profusely illustrated, with 103 large pages. Postpaid to members, $4.00 Others, $5.00 Back Issues of PAPER MONEY $1.00 each while they last All issues from Vol. 4, No. 2, 1965 (Whole No. 14) to date. Earlier issues are in short supply. Send remittances payable to The Society of Paper Money Collectors, Inc. J. ROY PENNELL, JR. P. 0. Box 858, Anderson, S. C. 29621 Be Sure To Include Zip Code! The National Bank Note Issues of 1929-1935 by M. 0. WARNS-PETER HUNTOON-LOUIS VAN BELKUM This is a hard-covered book wth 212 large pages and 329 illustrations. $9.75 Postpaid Send remittances payable to The Society of Paper Money Collectors, Inc. M. 0. WARNS P. 0. Box 1840, Milwaukee, Wis. 53201 Be Sure To Include Zip Code! Important Notice Paper Money Is A. Copyrighted Publication = No article originally appearing in this publication, or part thereof or condensation 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 reprints, they cannot allow indiscriminate use of the material from PAPER MONEY in other publications even when condoned by the author. Therefore, authors should contact the Editor for permis- sion to reprint their work elsewhere and to make arrangements 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. Th. iii 111111111111111111111111111111111111111111111111111111111111111111111111111 1 1 1 1 111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111E WHOLE NO. 37 Paper Money PAGE 3 Series 1923 One Dollar Bills By Frank A. Nowak With all the interest in block letter collecting in the small or current size notes, it is only natural that collector interest has developed in the same field in the large size notes. This article delineates the basic information which the author has either observed or had reported to him for the most frequently encountered design, the series 1923 one dollar bills. The series 1923 one dollar hills have three signature combinations in the silver certificate issues and one in the legal tender issues. Notes bearing the signature of Harley V. Speelman as Register of the Treasury and Frank White as Treasurer are the most common in the silver certificates and represent the only signature com- bination known in the legal tender issue of 1923. The other two signature combinations in the silver certificates both have Walter 0. Woods as Register of the Treasury but differ in that one has Frank White as Treasurer while the other has H. T. Tate as Treasurer. Considering first the legal tender issue, Table I pre- sents the data pertinent to the block letter enthusiast. The data should by no means be considered complete but it will be noted that the highest observed serial is close to the total number issued as given by Bureau of Engraving and Printing records.' It is thus doubtful that any other block letter combination exists. The re- verse design on both the legal tender and silver certificate issues appears identical, in fact. judging from the ob- served back plate numbers, the same back plate numbers could be found on both types. The legal tender notes were issued concurrently with the earlier silvers, which accounts for the fact that the highest observed back plate number on the legal tender issue is 1635, while the high- est observed back plate number on the silvers is 5431. TABLE I SERIES 1923 ONE DOLLAR LEGAL TENDER Signatures: Harley V. Speelman, Register of the Treasury Frank White, Treasurer of the United States Total Quantity Issued (BEP records 1): 81,872,000. Observed Block Letter Combinations: AB, *D Highest Observed Serial: A81780860B Highest Observed Star Serial: *26962D Highest Observed Face Plate Number: 345 Highest Observed Back Plate Number: 1635 Tables II, III, and IV present data similar to that of Table I for the three signature combinations found in the one dollar silver certificate issues of 1923. TABLE II SERIES 1923 ONE DOLLAR SILVER CERTIFICATES Signatures: Harley V. Speelman, Register of the Treasury Frank White, Treasurer of the United States Observed Block Letter Combinations: AB, DB, EB, HB, KB, MB, NB, RB, TB, VB, XB, YB, ZB, AD, BD, ED, HD, KD, MD, ND, RD, TD, VD, XD, YD, ZD, AE, BE, *D Highest Observed Serial: B75646392E Highest Observed Star Serial: *22108523D Highest Observed Face Plate Number: 8303 TABLE III SERIES 1923 ONE DOLLAR SILVER CERTIFICATES Signatures: Walter 0. Woods, Register of the Treasury Frank White, Treasurer of the United States Observed Block Letter Combinations: VD, XD, YD, ZD, AE, BE, *D Observed Serials; Low: V78216282D High: B79989812E Observed Star Serials; Low: '20781972D High: *23149654D Highest Observed Face Plate Number: 763 TABLE IV SERIES 1923 ONE DOLLAR SILVER CERTIFICATES Signatures: Walter 0. Woods, Register of the Treasury H. T. Tate, Treasurer of the United States Observed Block Letter Combinations: ZD, AE, BE *D Observed Serials; Low: Z61029653D High: B78920624E Observed Star Serial: *23041467D Highest Observed Face Plate Number: 16 From a brief examination of Tables II, III, and IV. it is immediately apparent that not all of the possible alphabetical combinations of prefix and suffix letter were used. First, the series starts with suffix B. as did the legal tender issue of 1923. Second. the use of the letter C as a suffix has not been reported nor has the use of this letter been observed as a prefix I. Similar state- ments can be made with regard to other letters of the alphabet. Third, combinations with identical prefix and suffix letter have not been observed in this series. An explanation can he supplied, based on observed data, for some of the missing block letter combinations. The use of the letter A as a suffix appears to have been allocated to the $1 1899 silver certificates. Similarly, in the legal tender issues, suffix .A was also allocated to the preceding series. Combinations with identical pre- fix and suffix letter can be found in the 1899 silvers, which probably accounts for their absence in the 1923 issues. The reason why the letters C, F, G. I, J, L, 0, P. Q, S. U, and W were not used is known only to the BEP unless their rejection was prompted by a fear of confusing these letters with other alphabetical or numeri- cal characters. It is interesting that the block letter combination UU is known in the 1899 silvers, although the use of the letter U has not been otherwise observed in either the 1899 or 1923 silver certificates. Star serials in the series 1923 silvers are known only with suffix D. Suffix B star serials were used in the preceding series. Also, star notes in the 1923 legals are with suffix D, while the preceding series of legals had suffix B star serials. Star serials with suffix A have not been observed, probably because at the time of introduc- tion of star serials or replacement notes suffix A was be- ing used with the regular block letter combinations. Thus a decision may have been made within the BEP to use a different suffix with star notes. If this was the case then, obviously this ruling did not apply by the time of the issuance of the 1923 series since both regular and star notes can be found with suffix D in the silver certificates. 11110111.401451421ANFAMMS, x912759"20 PACE 4 Paper Money WHOLE NO. 37 All of the block letter combinations within the silver certificate issue bearing the signatures of Speelman and White appear to be of approximately equal profuseness with perhaps the exception of the last couple of combina- tions and the star serial. The last half dozen of regular combinations should be scarcer than the preceding com- binations because a portion of the latter combinations was, as can be seen from Tables II , III. and IV. devoted to one or both of the other two signature combinations. However this does not appear to be the case (except with perhaps combination BE I, probably because these were the last large size notes printed and thus were the most likely to have been saved. The combination BE is somewhat difficult to locate and star serials bearing the Speelman-White signatures presently realize about three times that of a regular combination. Only seven block letter combinations are known with the Woods-White signatures. The block letter combina- tion VD is elusive, as is the star note which realizes three to four times that of a regular combination with the same signatures. Four block letter combinations can be found with the Woods-Tate signatures. Since this set of signatures is relatively scarce compared to the other two, only a few of these notes have been ob- served by the author, and it is difficult to ascertain whether any of the three regular combinations are scarcer than the others. Only one star serial has been reported with the Woods-Tate signatures and that in circulated condition; i.e., they are rare. Various change-over pairs are known between notes having the Speelman-White signatures and those with the Woods-White signatures. Included in the famous Grinnell sale were several such change-over pairs includ- ing two lots, each of which contained three consecutive cut sheets of four with the central sheet hearing one set of signatures while the outside sheets had a different set.2 However, the author has not heard of any change- over pairs involving star serials or the Woods-Tate sig- natures. The number of unusual and/or fancy serial numbers available to the collector in this series is almost unlimited. Serial number 100000000 was issued, at least in some cases, as such a note was offered in the aforementioned Grinnell sale.' No notes are known with the first digit of the serial being zero. The Bureau of Engraving and Printing gives the total number of notes of the $1 1923 silvers issued as 2,659,996,000. No breakdown has been found for the various signature combinations. However, working from the data in Tables II, III. and IV, there are two possible methods of estimating the relative amounts of each sig- nature combination issued. Both methods require cer- tain assumptions. and those assumptions are not without inherent error. The first method utilizes the known block letter com- binations and assumes that in those cases where more than one signature combination exists within the block, there is an equal proportion of each signature combina- tion. Accepting the BEP number of 2,659,996,000 notes issued, Table V, column A, presents the relative quan- Six consecutive $1 1923 silver certificates with the first three bearing the signatures of Woods and White, while the last three have the signatures of Speehnan and -White. From the collection of James N. Gates. Cities of each signature combination. The second method, which the author believes to be superior, utilizes the highest observed face plate number for each signature combination. The sum of the present highest known face plate numbers is 18303 + 763 + 16) 9082. The quantity of each signature combination issued is then computed by dividing the highest known face plate num- ber of each signature combination by the sum of the highs and multiplying by the BEP figure of 2,659,996,000. The results are presented in Table V, column B. Col- umns A and B of Table V are, percentage-wise, reason- ably close with the exception of the figures for the Woods-Tate signatures. Column A indicates the Woods- Tate signatures to be less than three times as scarce as the Woods-White signatures—a hit unrealistic in light of the observed relative frequency of these notes on the numismatic market. Hence the figures in column B of Table V appear more realistic. TABLE V SERIES 1923 ONE DOLLAR SILVER CERTIFICATES ESTIMATION OF QUANTITIES ISSUED FOR THE VARIOUS SIGNATURE COMBINATIONS Signature Combination Quantity Issued M d Method B Speelman-White 2,327,496,500 2,431,837,347 Woods-White 237,499,643 223,472,467 Woods-Tate 94,999,857 4,686,186 The data presented in the tables should by no means he considered complete. They represent only the WHOLE NO. 37 Paper Money PAGE 5 author's present limit of investigation in the area. Any comments or revisions would be greatly appreciated as would similar information on the Si 1899 silvers and $1 1917 legals. REFERENCES: 1. Perlmutter, M., S2ri2s 1923, PAPER MONEY, Vol. 7, No. 4, Society of Paper Mon2y Collectors, South Carolina, 1968. 2. Bluestone, Barney, Catalog of Albert A. Grinnell Col- lection, Bradshaw Printing Co., Saratoga Springs, N. Y. 1944-46. Lots 748 and 1113. 3. Ibid. Lot 968. ACKNOWLEDGEMENTS: William Andrews G. W. Mills James N. Gates M. Perlmutter Roy E. Irelan Wm. A. Philpott, Jr. Robert P. Jones Stacks, New York Robert H. Lloyd Neil J. Wimmer Grading Paper Money By Hoyt S. Haddock Every paper money collector and dealer should work for a uniform currency grading system. To this end, I applaud "The Grading Game" articles by Guy A. Cruse. Let us keep this uniform grading system for paper money drive alive until we have one. Our grading system must be simple (easy for everyone to understand(. Personally, I would favor following the same categories as used in coin grading. I would favor this system only because it is well-known arid could lead to uniform use and description. In other words. I be- lieve we should use these specific designations: CU crisp uncirculated AU almost uncirculated EF extremely fine VF very fine F fine VG very good G good Variances in the grades should not, in my opinion. be designated by use of decimals or percentages. This introduces an additional criteria for misinterpretation. Instead we should describe variance from the grade as reliable dealers or collectors of coins do. Since any CU coin or bill is always a gem. no knowledgeable person would designate a new bill as a gem. Examples of vari- ances which could occur to a CU bill are many and could be: badly centered obverse or reverse; light strike I print- ing noticeably light) ; or any other change from an otherwise perfectly printed note that would not place it in the error class. The AU note should be one with a very light crease. teller's thumb crease, or slightest wear on any corner or edge of note. The other categories would be defined and described in the fashion of the above examples. Since we all will have certain ideas for grading. you don't really need or want my specific criteria. What you do want is a system which you and I will understand and interpret alike. Since we want such a system, and it is needed, perhaps society officials could appoint a GRAD- ING COMMITTEE and charge it with the responsibility of setting up this system for us? Each of us who care could then give this GRADING COMMITTEE the benefit of our ideas. This could result in a system which would best serve us all. So while we extend our appreciation to Guy A. Cruse. let us not lose the important message he has so ably given us. Let us develop a grading system for currency collectors. British Philatelic Firms Plunge Into Paper Money Business The major overhaul of British currency caused by the adoption of the decimal system has sparked great public interest in the paper money used in Britain. That factor, plus growing numismatic interest in the paper branch of the hobby, seems to be the reason for the invasion of the numismatic field by some of the biggest in names in British philately. Heading the list is the century-old Stanley Gibbons firm of stamp dealers and catalog publishers. Gibbons. the first philatelic firm to sell stock to the public, formed a subsidiary company. Stanley Gibbons Currency Ltd. in October 1970. Capitalized at five thousand pounds in one pound shares, it is directed by A. L. Michael, Managing Director of the parent group; Colin Narbeth. former editor of Stamp Weekly and the International Bank Note Society magazine; and David Whatley. Chief Accountant. Showrooms of the new company are at Romano House. 399 Strand, the location of the Gibbons specialist and rare stamps department. The first publication is a paperback catalog authored by Mr. Narbeth. Entitled Collect British Banknotes and priced at 25 np., it is similar in format to Collect British Stamps, which has sold over a half million copies. Released at the same time was a special album for use by adherents to what Gibbons calls "Notaphily" (a word contrived from Latin and Greek meaning "love of notes"). Just before these developments were announced, 20% of Gibbons' stock was acquired by the Crown Agents for Overseas Governments and Administrations. The Crown Agents are well known in philately for their work in pro- curing and selling stamp issues for British nations over the past century. Their Stamp Bulletin will be changed in 1971 to the Stamp-Coin-Currency Notes-Medallions Bulletin, signifying the broadened scope of their opera- tions. While philately moves closer to numismatics in the Gibbons-Crown Agents deals, numismatics is moving into the stamp world. The old-line coin firm of Spink & Son has initiated a new issue service and plans to offer other issues of the past 40 years. eventually stocking all stamps, classic to contemporary. In recent years the firm has promoted new coin issues from Commonwealth and other nations. With the new philatelic department, it may well do similar stamp promotions in the manner of several American philatelic firms. ©- ort5 piy Hvg re ONE DOLLAR C (77)4 .-":2JA7 - ,./.7 . N/ k Sir?' ./ ,s / Raleigh, October Pub res'r . PAGE 6 Paper Money WHOLE NO. 37 North Carolina Southern States Currency Unlisted Variations By David L. Saulmon Variation of Criswell's No. 24—obverse Reverse of Criswell's No. 24 The following information is an effort to present un- listed variations that might be of interest to readers. It is not complete nor presented as such. but it is intended as a supplement to the listings of the more widely known variations. Without doubt there are many more addi- tions ( or information on notes herein presented I which readers could submit. Please send them to the writer at 4303 28th Place. #5, Mt. Rainier, Md. 20822, who wishes to thank Mr. David Cox, Jr., for his generous assistance in compilation. Reference numbers are based on Con federate and Southern States Currency, 1964, by Grover C. Cris- well, Jr. 1. Exists with small or large overprint on reverse. Other numbers have this variation also. 4A. No "For" before "Pub. Treasr." 8. No "For" before "Pub. Treasr." 16A. No "For" before "Pub. Treasr." 20A. No "For" before "Pub. Treasr." 23. Small "Two Dollars" in red on reverse. 24. With part of "One Dollar" in red, stamped vertically twice on reverse. 24. No "For" before "Pub. Treasr." 25. No "For" before "Pub. Treasr." 32C. Red overprint on obverse, not reverse. 32J. Error—has double "ONE DOLLAR" on reverse in red. 42. "FIFTY CENTS" in slightly larger type. 47. Similar to 47, but printed by J. Conway, Pub. Pr. 48. Similar to 48, but printed by J. Conway, Pub. Pr. WHOLE NO. 37 Paper Money PACE 7 I 0 31 )1_ THE 5tatc of .North kiarolina P7AY. ro BEARELI,. A f 4:41.11,Y C JA , . TEN CENTS. .1.110:m 0/1111 1, .. • FUN 0ANiF IN E'1 ,4141 eEN CEITYjiCU P Cal Id 0%0 -5 • . . . . Variation of Criswell's No. 47 Variation of Criswell's No. 87 48. Error: has "FIVE CENTS" printed on center of note, but had originally been printed with a "50" in top left corner. The "0" has been partially re- moved, but the imprint in the paper and part of the ink still remain. Serial number has been changed. 50B. Watermarked "T.C.C. & CO." but with serial letter 54, 55, 56, 57, 58. Found in two types, of which Type II is the variation. Type I. The small denominational number note (top left corner) is worded, "Will pay to Bearer, at Treasury, on or before Jan'y. 1st, 1866. . . ." Type II. The slightly larger denominational num- ber note (top left corner) is worded, "Will pay to Bearer, at Treasury, on or before Jan'y. 1st, 1866. . . ." Note the placement of "before" in each case. 58. Type I variation: "IVE" in "FIVE CENTS" are regular size. The rest of the letters are of a slightly larger type. Note : In the small-size fractional notes several minor variations in type-spacing and/or letter size have been observed. 74C. "Bearing interest" statement trimmed from bottom. 74D. "Bearing interest at the rate of six per cent per annum." (The interest statement has been trimmed from the bottom of the note.) 76B. Printed on back of A-C CANAL CO. document. 77. With red fundable overprint. 77. Plain back. 78B. "Fundable in eight per cent" . . . cut off top. 82A. On back of State of Virginia legal document. 82A. With fundable overprint at left end. 83. With fundable overprint at left end (vertically). 84. With fundable overprint at left end (vertically). 84. With fundable overprint at right end (vertically). 84A. With fundable overprint at left end (vertically). 84C. With fundable overprint at left end (vertically). 84C. With fundable overprint at right end (vertically). 87. Similar to 87, but dated "Aug. 1st," not "July 1st," as regular issues are. Also, the red "Fundable" overprint is centered on vignette, not to the left. 87. Inverted overprint in lower right corner (with regu- lar overprint in top left corner). 89. Watermarked "TEN" at both ends, vertically. 89. Watermarked "FIVE" in center, vertically. 96. Serial number in lower right corner. 99C. Serial number immediately to right of "FIFTY- CENTS," but not below "1866." 108. "No." written in (regular ones do not have it). 109. "No." written in (regular ones do not have it). 109A. "No." written in (regular ones do not have it). 118. Watermarked "1862." 120. Printed serial letter has another letter written over it. 122. Watermarked with two-horizontal lines in top part of note. 122. Has script, not block-style letter. 122. Without vignette of state capitol. 124. Serial letter is written, not printed. 125. Serial letter is written, not printed. 126. Serial letter is written, not printed. 133. Printing error-top left fancy No. 1 is slanted in- ward. 140. Watermarked "J. WHATMAN." 140. Watermarked straight lines. Paper MoneyPACE 8 WHOLE NO. 37 TX or 7if Ottith , at tke: Maid; t i 4lionk, or 041114iti litpre,stilipti, ;), Na .9*104400 3ttl' • a • • • AI,/%4.Z1\,,AW.vg.VA,>'kvCk, TelorAxiit- CoOlie ,„ ,77,„„/ TWO DOLLARS Unlisted type 142. "No." is written before serial number. 149B. Serial number is below and right of "1864." 25-cent notes, 1862: Small letter upper right corner. Serial number to right of "1866," plain back. On reverse of A-C Canal Co., serial letter at right center, serial number below "Raleigh." Serial letter at right center, serial number below Raleigh," plain paper. Same as above, but on back of North Carolina $200 bond. 50-cent notes, 1862: No serial letter, number under "Raleigh," on back of North Carolina $1,000 bond. Unlisted type: A two-dollar note with a printed date of June 24, 1862. Vignette is a plow at top center flanked on both sides by swirls of flowers. Very small size, 1%x41/2 inches. Scrip of The McNeal Coal Company of Pennsylvania By Dudley W. Atwood As you may remember, numerous articles have been written regarding the scrip issued by the McNeal Coal Company in the 1860's. There has been much discussion about its location—West Virginia, Georgia or Pennsyl- vania. The information given here will. I think, prove that the McNeal Coal Company was definitely located in Pennsylvania. There are some differences in the spelling of the name of the company, but they all refer to one and the same company. On page 146 of the report of the Inspector of Mines, Schuylkill County of Pennsylvania for 1869 the following entry for No. 102 M'Neil's Colliery as inspected Novem- ber, 5, 1869 reads: "Description.—This Colliery is located two miles east of St. Nicholas station on the Ashland and Mahanoy railroad, and midway between Shenandoah City and Mahanoy City, on the estate of M'Neil coal company, (Continued on Page 22) WANTED OBSOLETE PAPER MONEY (Bank Notes, Script, Warrants, Drafts) of the AMERICAN WEST Oregon, California, Idaho, Nevada, Arizona, Utah, Mon- tana, New Mexico, Colorado: Dakota, Deseret, Indian. Jefferson Territories! Cash paid, or fine Obsolete Paper traded. Have Proof notes from most states, individual rarities, seldom seen denominationals, Kirtlands, topicals; Colonial, Continental; CSA, Southern States notes and bonds. Also have duplicate Western rarities for advantageous trade. e r.g JOHN J. FORD, JR. 176 HENDRICKSON AVE., ROCKVILLE CENTRE, N. Y. 11099 Haxtun 10 11253 Longmont 20 13928 Greely 5 CONNECTICUT 497 Suffield 5 709 Litchfield 20 978 New London 10 1139 Deep River 10 1340 Middleton 20 1360 Danielson 20 DISTRICT OF COLUMBIA 4247 Washington 20 FLORIDA 3894 Gainesville 5, 10 6055 Live Oak 10 13370 Lakeland 20 6025 6125 6451 6524 6564 6598 6653 6691 6907 6910 7077 7151 7168 7379 7575 7692 7712 8044 8221 8289 8630 8933 9398 9922 10186 10492 10828 11478 12605 13236 13650 13684 13735 13744 13804 13805 206 2188 2896 3842 5187 5392 5756 6909 7011 7655 7805 8868 9073 9152 9286 9381 9562 10613 11355 20 5 10 10 10 100 20 20 20 10 10 20 20 20 10 20 10 10 5 10 10 10 10 20 10 10 20 1639 1860 7969 9346 10302 1668 7230 8341 9566 10771 13819 534 1882 1961 2875 3043 3156 3711 4019 4299 4826 4934 5070 5153 5223 5254 6007 GEORGIA Athens Augusta McDonough Monticello Rome IDAHO Boise Saint Anthony Sandpoint Kellogg Saint Merles Lewiston ILLINOIS Genesco Joliet Flora Freeport Petersburg Metropolis Atlanta Murphysboro Carlinville Monticello Carmi East St. Louis Harrisburg Amboy Metropolis Secor WHOLE NO. 37 Paper Money PAGE 9 The National Bank Note Issues of 1929-1935 Supplement I By M. Owen Warns Peter Huntoon Louis Van Belkum When a treatise covering the National Bank Note Issues of the 1929 Series was first conceived, the authors decided that the work should be a study on all phases of the series. To that end, they remain dedicated. The original task of compiling information from the mass of available material was monumental. It took months to sift and examine the data and put in publishable form. Finally, in 1970 our efforts eulminated in THE NATIONAL BANK NOTE ISSUES OF 1929-1935. This book was sponsored by the Society of Paper Money Collectors, and many of the Society's members generously sent us needed and helpful information. It is the desire of the authors to continue to ferret out and check new datum as it comes to light. This information will be passed on to the members in periodic supplements that will appear in PAPER MONEY. In this, the initial supplement, will be found a listing of those notes and sheets reported after the original manuscript was prepared. Since the book was placed on sale last August, interest in the 1929 National Bank Notes has increased markedly, and the authors have been deluged with new infor- mation. Subsequent supplements will deal with 1) previously unreported notes and sheets, many of which are still in the hands of collectors, dealers and in bank vaults, 2) interesting bank titles, numbers, type-sets and printing variations, 3) corrections and revisions to the book itself. Those members who assist in the encouragement and preparation of these supplements will have their efforts appropriately acknowledged in the supplement in which they contribute. SUPPLEMENTAL LIST OF NOTES, (Pages 114.191) ALABAMA Charter 6897 7020 12962 5929 7346 7634 8763 8952 10004 11196 13155 5863 5927 5986 6268 7279 8143 8377 8652 9459 9479 9551 9621 9873 10068 10228 10292 10357 10391 11005 11282 12056 12819 13212 13312 13332 13335 13338 13356 13375 14230 4507 7839 7904 8572 10901 Elba Birmingham Union Springs ARKANSAS De Queen Fayetteville Malvern Springdale Huntsville Paragould Mansfield Paragould CALIFORNIA Hanford Los Angeles Eureka Ontario Redwood City Redondo Beach Riverside Glendora Banning McCloud Calistoga Watsonville Weed San Dimas Anaheim Coachella Bakersfield San Diego Victorville Cloverdale Placerville Long Beach Palo Alto Winters Loma Linda San Marino San Jose Colton Pacific Grove Corcoran COLORADO La Junta Longmont Alamosa Colorado Sues. Akron 5, $10 10 5 10 20 20 20 20 10 10, 20 10 20 100 20 20 20 20 5 20 5 5 10 10 10 5, 20 20 5 100 10, 20 10 10 5 20 20 10, 20 5 10, 20 10 5 10 5 20 10 20 10 10 Pickneyville Collinsville Paris Nashville Granite City Cresent City Highland Marissa Sumner Raymond White Hall Strawn Humbolt Mulberry Grove Newman Sullivan Grand Tower Dwight Nashville Ransom Ridge Farm Lockport Hopedale Mount Auburn Macon Nebo Wilmette Belleville Chicago Belleville Witt Chicago Marissa Hoopeston Cario Columbia INDIANA Elkhart Evansville Greencastle Washington Bedford Sullivan Tell City Dyer Plainfield Rochester Brookville Lynnville Fort Branch Knightstown Butler Michigan City Oakland City Boonville Remington 10 10 20 5 20 20 20 10 11782 12058 13503 13531 13532 13717 14258 Milroy East Chicago Poseyville East Chicago East Chicago Marion Linton 20 5 20 5 5 10 5, 10 20 IOWA 20 10 20 20 10 337 1479 1862 1943 Centerville Council Bluffs Glenwood Wyoming 5 20 100 20 20 2002 Winterset 50,100 20 2032 Columbus Jet. 20 10 10 2511 2621 Cedar Rapids Ottumwa 50 50 20 2721 Stuart 10 20 2763 Fort Dodge 20 5 20 5 20 1049 4510 5145 5154 Cherokee Sioux City Sidney Buffalo Center 20 5 20 20 10 5461 Gladbrook 10 10 5 20 10 20 20 5 5, 10 20 10 10 5517 5912 6975 7369 8970 9017 9619 9910 10711 11735 12248 12636 Lenox Prescott Remsen Sioux Center Hubbard Story City Kimballton George Cherokee Rake Lorimor Creston 20 10 20 10 20 10 20 20 10 10 10 5 13609 Newton 20 5 KANSAS 10 3175 Fort Scott 20 10 3777 Abilene 5 10 4008 Manhattan 5 5 4499 Independence 10 20 5608 Cedar Vale 10 20 5757 Council Grove 20 10 6530 Cedar Vale 10, 20 10 6590 Cottonwood Falls 10 10 6767 Coldwater 10 10 7046 Garden City 20 20 7815 Stockton 10 5 8142 Ness City 10 10 8220 Kiowa 5 20 8255 Almena 20 10 8467 Conway Springs 20 20 8803 Pleasanton 20 20 9384 Natoma 20 10 10980 Marion 5 5, 20 20 20 10, 20 10 10 10 20 10 5 20 10, 20 10 20 10 10 10 20 20 10 20 100 5 Paper Money Minneapolis Duluth Northfield Little Falls MISSISSIPPI Greenwood MISSOURI Columbia Tarkio Plattsburg Pierce City Sedalia Jasper Neosho Salem Seymour Jefferson City Clayton Saint Louis Caruthersville MONTANA Helena Glen dive Hardin Deer Lodge Geraldine Circle Lima Lewistown NEBRASKA 5 1040 20 1130 10 1335 20 2233 3154 7774 9748 20 9940 9956 10111 10456 10481 10497 11404 12449 12601 13260 13295 13583 14078 Saugerties Mohawk Amsterdam Whitehall Granville South Otselic Jamestown Pine Bush Florida Newark Valley Jeffersonville Cherry Creek Montour Falls Tuxedo Floral Park Harrison New York New York Montour Falls Cherry Creek NORTH CAROLINA Charlotte Elkin Gastonia NORTH DAKOTA Grafton Fargo Ellendale Litchville Marmarth Ryder Glen Ullin 2135 5673 7536 3096 5087 6398 8298 9082 9214 13410 Omaha Hastings Fremont Fullerton Hold rege West Point McCook North Platte Hastings Alliance Tekamah Fullerton Alliance Cambridge Wisner Stuart Stanton Decatur Scottsbluff Butte Bayard Sidney Cozad Hastings 100 142 216 419 1318 1997 2098 2220 2628 3639 4331 5075 5262 5523 5 5802 5996 6506 6593 6662 6675 7327 9163 9192 9243 9547 10101 10105 13318 13535 13832 20 13922 20 14030 14105 20 20 20 10 .10 10 20 20 10 10 10 20 20 10 10 10 20 20 5 20 5 10 5 20 20 10 20 10 20 10, 20 20 20 10 20 5 5 20 5 5 20 5 5115 0972 14005 3055 6644 7059 7272 7472 8574 9002 9358 9423 12557 13093 13576 13602 20 20 324 352 745 774 10 784 5 1570 10, 20 2078 La Grande Elgin Condon Hood River Dallas Tillamook Wallowa Newberg Roseburg Portland Bend Pendleton La Grande OHIO Salem Cadiz Marietta Massillon Galion Massillon Wilmington Springfield Waynesville Van Wert Cincinnati Ironton Ashtabula Newcomerstown Celina Hicksville Georgetown Cambridge East Palestine Summerfield La Rue Bellaire Bradford Fostoria Hillsboro Lancaster New London Greenfield Painesville Delaware Portsmouth St. Clairsville Toledo Springfield OKLAHOMA Shawnee Perry Durant OREGON NEVADA Winnemucca Lovelock NEW HAMPSHIRE Keene Rochester NEW JERSEY Lambertville Mount Holly Hopewell Orange Rahway Penns Grove Ocean City Caldwell Belleville Newark Hope Jersey City Pleasantville Jersey City Trenton Trenton Livingston Point Pleasant Beach Branchville NEW MEXICO Santa Rosa Silver City NEW YORK Hornell Cooperstown Champlain PENNSYLVANIA Newton Philadelphia Lewisburg Clarion Lewisburg Lewiston Conshohocken PAGE 10 1211511576 Oswego 10 11775 Clyde 20 12140 11781 Emporia 20 13350 13353 KENTUCKY 2150 2968 Lebanon Owenton 10 10 7216 3832 Somerset 10, 20 3988 Lebanon 10 5881 5900 6167 6769 7030 7497 8331 9708 Somerset Bowling Green Fulton Columbia Pikeville Lawrenceburg Bardwell Providence 10 10 10 10 10 20 20 10, 20 1467 3079 4215 4225 4392 6369 6382 7921 9932 LOUISIANA 13142 13481 6291 Lake Providence 5 13726 7768 Jeanerette 10 14092 13648 Shreveport 100 13655 Monroe 20 13688 New Orleans 50 13737 Baton Rouge 10 5671 7101 MAINE 9215 9899 4252 Houlton 5 10803 11101 MARYLAND 1149212608 4799 Canton 50 5445 Havre de Grace 10 9699 10210 Clear Spring Federalsburg 10 20 16332528 2848 MASSACHUSETTS 2964 3208 393 Amherst 20 3340 421 Westboro 20 3379 528 Framington 20 3496 697 Lynn 10 3732 708 Athol 10 4226 1018 Northampton 5 4324 1210 North Adams 10 5384 2232 Attleboro 20 5657 2275 Milford 10 6506 5944 Mansfield 20 6866 7452 Danvers 20 6947 10059 Leominster 5 7836 12336 Boston 10 8988 11222 Buzzards Bay 20 9581 9623 MICHIGAN 9666 13425 1826 Union City 10 13426 2853 Bay City 10 13515 3761 Escanaba 10 4446 Port Huron 20 5607 Petroskey 10 8703 Detroit 100 3575 9359 Hubbell 20 7564 9654 Ithaca 10 10143 Benton Harbor 5 11289 Jackson 20 11469 Ironwood 20 946 12387 Ironwood 5 11893 13758 Grand Rapids 50 13931 Ishpeming 10 MINNESOTA 12722343 1487 1911 2567 4614 5063 6293 6387 6544 6661 6738 6775 6803 6906 7080 7109 7307 7708 Red Wing Owatonna Crookston Marshall Windom Plainview Sleepy Eye Waseca Parkers Prairie Dunnell Blooming Prairie Aitkin Henning Long Prairie Le Roy Red Wing Princeton 5 20 10 20 10 20 10, 20 10 20 20 10 10 20 20 20 5 20 4254 4724 5260 5387 6060 7131 8382 9912 10118 12397 12510 12939 12949 13039 13129 13215 13855 8059 Adams 20 8241 Bemidji 10 8523 Staples 20 8989 Worthington 10 6081 9031 Mabel 10 8132 9064 Stephen 10 9442 Minneapolis 5 10382 Ironton 10 11212 Hastings 10 262 11687 Framington 5, 20 280 11818 Saint Cloud 10 310 WHOLE NO. 37 10 2223 Montrose 5 5 2558 Greensburg 20 5, 10 2581 Norristown 10 5 2787 Stroudsburg 5, 20. 10 2977 Rochester 10' 20 3089 Bedford 10' 10 3356 Beaver Falls 10' 20 3902 Hughesville 5 4549 New Brighton 20 20 4615 Emlenton 20 20 4698 Irwin 20 10 4832 Philipsburg 10 5 4908 Reynoldsville 10 5 4917 Newport 5, 20 10 4938 Meadville 20 20 5019 Du Bois 10 10 5044 Grove City 10 10 5202 Athens 20 5 5495 Roscoe 10 10 5574 Montgomery 10 5667 Big Run 10 5702 Punxsutawney 10 5742 Dayton 20 20 5945 Ridgway 10 10 6182 Edenburg 10, 20 20 6250 Hooversville 10, 20 6384 Falls Creek 10 6456 Manor 20 6626 Midway 20 20 6670 Rimersburg 20 20 7000 Cherry Tree 20 10 7262 Scenery Hill 20 20 7286 Tamaqua 10 20 7353 Marysville 10 10 7356 Bellwood 10 10 7453 Du Bois 20 7594 Avonmore 20 7642 Oakmont 10 7887 Plumville 20 10 8131 Wernersville 10 20 8151 Pine Grove 20 10, 20 8164 Dallas 5 10 8165 Youngville 10 10 8185 Beaver 10 20 8446 East Mauch Chunk 20 10 8503 New Castle 5, 20 8678 Ellwood City 5 20 8783 Fredericksburg 10 20 8849 Troy 10 10 8879 Union City 10 10 9385 Fawn Grove 20 20 9600 Jessup 10 20 9862 Edwardsville 20 20 10027 Waterford 20 10 10042 East Smithfield 20 20 10383 Clarks Summit 10 10, 20 11896 Arnold 20 20 12380 Camp Hill 5 10 12582 Chalfont 5 5 12720 Cassandra 20 20 12934 Carnegie 5 20 13026 Hatfield 10 20 13030 Elkins Park 5, 20 13196 Highland Park 5, 20 50 13325 Philadelphia 5 20 13494 Leymone 10, 20 20 13619 Shenandoah 10, 20 20 13644 Donora 10, 20 20 13826 Freeport 10, 20 20 13942 Conneautville 10 10 13950 Yardley 5, 10 20 14055 Greensburg 20 5 14079 Olyphant 5 14098 Indiana 10 14156 Hooversville 20 20 RHODE ISLAND 20 5 948 Providence 10 13981 Providence 20 SOUTH CAROLINA 20 20 10085 Marion 10 10, 20 20 SOUTH DAKOTA 10, 20 10, 20 2391 Deadwood 10 5, 10 2830 Canton 10 10, 20 2941 Pierre 20 10 3237 Rapid City 10 20 5428 Sisseton 20 5, 10 6990 Sturgis 10 20 7662 Parkston 20 5, 10 8559 Webster 5, 10 10813 Beresford 20 12662 Oldham 5 13460 Britton 20 10 13407 Mobridge 10 20 13483 Chamberlain 20 10 10 TENNESSEE 20 5, 10 3570 Jackson 20 5 7314 Tracy City 10, 20 Serial 1-6 1-6 1-6 1-6 1 1 1 1-6 1-6 1-6 1-6 1-6 1-6 1-6 1 1-6 1 1-6 1-6 1 1-6 5989 1 WHOLE NO. 37 8292 8889 13746 2455 2477 2723 3015 3645 3816 3985 4101 4214 4248 4253 4418 4565 4692 4710 4900 4990 5179 5203 5422 5463 5604 6107 6112 6212 6329 6476 6762 6822 7010 7055 7123 7257 7433 7534 7546 7553 7814 7827 Dallas Weatherford Weatherford Brenham Corsicana Terrell Dallas Marshall Amarillo Wichita Falls Navasota Graham Goliad Whitewright Amarillo Hillsboro Terrell San Antonio Vernon Bartlett Clarendon Hereford Memphis El Campo Troupe Groveton Abilene Dalhart Fort Worth Vernon Blooming Grove Claude Annona Del Rio Eagle Lake Mart De Leon Jacksboro Brady Dickson Savannah Chattanooga TEXAS 10 10 10 20 20 10 50 20 20 20 10 5 10 20 20 10 20 100 10 20 20 20 10 10 5 10,20 20 10 5 5,20 50 10 10,20 20 10 20 10,20 10 20 13934 Lockhart 10 10 20 7838 7989 8005 8034 8134 8249 8518 8519 8562 8573 8581 8674 8694 9142 10008 10040 10152 10169 10230 10634 10694 11022 11964 12055 12475 12556 12730 12769 12845 13046 13110 13199 13249 13428 13443 13572 13588 13595 13598 13623 13656 13668 13706 13743 Franklin Garland Memphis Schulenburg Blanco Higgins Belton Floresvil le Cuero Brady Greenville Marfa Yoakum Pampa Melissa Texas City Houston Pharr Paducah Whitesboro Dawson Corsicana Mexia Houston Galveston Palestine Stephenville El Paso Sulphur Spgs. Cooper Tyler Wolfe City Wellington Clarksville Henderson Pearsall Brownwood Coleman Stamford Decatur Kerens Burkburnett Trinity Dallas Paper Money 13935 West 13974 Clarksville 14149 Haskell 14199 Dalhart UTAH 4670 Logan 6036 Brigham City 6958 Morgan 7696 Coalville VERMONT 9824 Poultney VIRGINIA 1635 Winchester 1716 Alexandria 2269 Staunton 4477 Bristol 4635 Newport News 5683 Farmville 7587 Waynesboro 8753 Strasburg 8984 Rocky Mount 9177 Clifton Forge 10253 Marshall 11976 Bassett 13603 Fredericksburg WASHINGTON 5751 Ritzville 6013 Vancouver 7095 Colfax 7767 Toppenish 9101 Lind 9182 Hillyard 9185 Garfield 9411 Okanogan 9443 Dayton 9478 Monroe 20 11045 Ellensburg PAGE 11 5,10 11667 Ferndale 20 10 11751 Aberdeen 20 10,20 12153 Seattle 20 20 12292 Tacoma 20 12704 Aberdeen 5 13137 Vancouver 10 10 WEST VIRGINIA 10 10 2649 Parkersburg 20 3236 Charleston 5 6830 Williamson 20 7191 Pennsboro 20 10 9640 St. Albans 10,20 10285 Reedy 10,20 10348 Hinton 20 10762 Ripley 20 20 12075 Oak Hill 10 10 13646 Buckhannon 5 10 13811 Fairmont 10 10,20 13831 Keyser 20 20 14002 Elkins 5 20 10 10 WISCONSIN 10 20 10 10 10 3308 3607 4912 5143 5222 Darlington Ashland Stevens Point Antigo Stoughton 20 100 10 10 20 5592 Lake Geneva 10 9153 Madison 10 10322 Stone Lake 10 5 12351 Kenosha 10 10 13308 Soldiers Grove 10 20 14125 Marshfield 10 20 20 20 WYOMING 20 10,20 6850 Casper 10 10 10265 Powell 10 10 10810 Greybull 10 10 11380 Cheyenne 20 20 10 20 10,20 20 10 20 20 10 10 20 10 10 20 10,20 20 50 20 10,20 20 20 5 10 20 100 10 10 20 20 20 5 10 10.20 20 20 10 10 20 10,20 20 20 10 10,20 50 SUPPLEMENTAL LIST OF SH EETS, (Pages 197-207) LOUISIANA 10 2 1-6 50 1 1 100 1 1 10 2 1-6 20 2 1-6 20 1 5 322 20 1 20 2 1-6 20 2 1-6 5 5 5 3313- 3318 5 1 5 2 U 10 2 1-6 20 2 1-6 20 2 1-6 10 2 1-6 20 2 1-6 20 2 1-6 20 2 1-6 20 2 1-6 20 2 1-6 50 1 99 20 2 1-6 20 1 1 20 2 1-6 10 2 1-6 10 2 1-6 20 2 1-6 20 2 1-6 ARKANSAS Charter Number City Denom. Ty. 7046 El Dorado 620 2 9022 Newark 10 2 9501 Fordyce 10 2 10406 Berryville 10 2 CALIFORNIA 8377 Riverside 5 2 8377 Riverside 20 2 8652 Glendora 20 1 9459 Banning 5 1 9479 McCloud 5 2 9479 McCloud 10 2 10068 San Dimas 5 1 10068 San Dimas 20 1 10357 Bakersfield 10 1 10357 Bakersfield 20 1 10357 Bakersfield 20 2 10357 Bakersfield 100 1 13212 Palo Alto 20 1 13312 Winters 10 1 13312 Winters 20 1 13312 Winters 5 2 13312 Winters 20 2 13335 San Marino 5 2 13335 San Marino 10 2 13335 San Marino 20 2 13338 San Jose 10 2 13338 San Jose 20 2 ILLINOIS 6564 Granite City 20 1 6907 Sumner 20 2 9895 Ramsey 20 1 L3236 Belleville 20 1 13650 Witt 20 1 L3735 Marissa 10 2 13805 Columbia 10 2 INDIANA 13503 Poseyville 20 1 14258 Linton 10 2 IOWA 2469 Clinton 5 KENTUCKY 9708 Providence 20 1 6291 Lake Providence 13648 Shreveport 13648 Shreveport 13655 Monroe 13655 Monroe 10210 Federalsburg 9779 Berlin 12977 Woodbine 13126 Glen Head 13962 Windham 91 Toledo 91 Toledo 5996 Georgetown 6566 Cambridge 6566 Cambridge 7327 Bellaire 9163 Bradford 9192 Fostoria 9243 Hillsboro 9547 Lancaster 10105 Greenfield 13535 Delaware 13535 Delaware 13922 St. Clairsville 13971 Marietta 13971 Marietta 14030 Toledo 5973 Monett 7921 Salem 9452 1812 Cassapolis McGill NEW JERSEY MARYLAND NEW YORK MICHIGAN MISSOURI NEVADA OHIO PAGE 12 Paper Money WHOLE NO. 37 OREGON 7059 Condon 10 2 1-6 7059 Condon 20 2 1-6 7472 Dallas 10 2 1-6 7472 Dallas 20 2 1-6 9002 Wallowa 5 2 1-6 9002 Wallowa 10 2 1-6 9002 Wallowa 20 2 1-6 9850 NewBerry 20 5 1 13093 Bend 5 2 1-6 13093 Bend 10 1 1 13093 Bend .. 20 1 1 13299 Portland 20 1 1 13576 Pendleton 20 2 1-6 13602 La Grande 5 2 1-6 13602 La Grande 10 1 1 13602 La Grande 20 1 1 PENNSYLVANIA 6182 Edenburg 10 2 1-6 6182 Edenburg 20 2 1-6 6250 Hooversville 10 2 1-6 6250 Hooversville 20 2 1-6 6676 Rimersburg 10 2 6676 Rimersburg 20 2 1-6 7000 Cherry Tree 20 2 1-6 7262 Scenery Hill .................. 20 2 1-6 13585 Charleroi 10 1 1 13585 Charleroi 20 1 1 13644 Donors 10 1 1 13644 Donora 20 1 1 13644 Donora 20 2 1-6 13813 Cannonsburg 10 2 1-6 13813 Cannonsburg 20 2 1-6 13826 Freeport 10 2 1-6 13826 Freeport 20 2 1-6 14156 Hooversville 20 2 1-6 TENNESSEE 8889 Savannah 10 2 1-6 13349 Memphis 10 2 1-6 13749 Memphis 20 1 1 TEXAS 6107 Memphis 10 2 1-6 6107 Memphis 20 2 1-6 6212 Troupe 5 2 1-6 6320 Floresville 10 1 1 7010 Vernon 5 2 1-6 7010 Vernon 10 2 1-6 7123 Claude 10 2 1-6 7257 Annona 10 1 1 7257 Annona 20 1 1 7534 Eagle Lake 10 1 1 7546 Mart 20 2 1-6 7553 De Leon 10 2 1-6 7617 Nocona 5 2 1-6 7617 Nocona 10 2 1-6 7617 Nocona 20 1 1 7838 Franklin 20 2 1-6 7989 Garland 10 2 1- 6 8134 Blanco 20 2 1-6 8518 Belton 10 2 1-6 8518 Belton 20 2 1-6 8562 Cureo 10 2 1-6 8573 Brady 10 1 1 8645 Houston 20 1 1 8674 Marfa 10 2 1-6 8672 Bellevue 10 2 1-6 10008 Melissa 20 2 1-6 10040 Texas City 20 1 1 10152 Houston 50 1 1 10152 Houston 100 1 1 10169 Pharr 20 1 1 13199 13249 Wolfe City Wellington 10 5 2 2 1-6 1-6 13249 Wellington 10 2 1-6 13249 Wellington 20 2 1-6 13315 Edinburg 10 2 1-6 13315 Edinburg 20 2 1-6 13428 Clarksville 20 1 1 13443 Henderson 10 2 1-6 13443 Henderson 20 1 1 13443 Henderson 20 2 1-6 17595 Coleman 10 2 1-6 13595 Coleman 20 2 1-6 13598 Stamford 5 2 1-6 13598 Stamford 10 2 1-6 13598 Stamford 20 2 1-6 13623 Decatur 10 2 1-6 13623 Decatur 20 2 1-6 13656 Kerens 20 1 1 13668 Burkburnett 10 2 1-6 13706 Trinity 10 2 1-6 13706 Trinity 20 2 1-6 13934 Lockhart 20 2 1-6 13935 West 5 2 1-6 13935 West 10 2 1-6 13974 Clarksville 10 2 1-6 14149 Haskell 10 2 1-6 14149 Haskell 20 2 1-6 14164 Cuero 20 2 1-6 VIRGINIA 6899 Coeburn 10 2 1-6 8753 Strasburg 10 2 1-6 8753 Strasburg 20 2 1-6 9177 Clifton Forge 10 2 1-6 9635 Herndon 10 2 1-6 9885 Norfolk 10 2 1-6 9885 Norfolk 20 2 1-6 13603 Fredericksburg 10 2 1-6 WASHINGTON 6013 Vancouver 10 2 1-6 7372 Bellingham 20 2 1-6 9185 Garfield 20 1 1 9411 Okanogan 10 2 1-6 9411 Okanogan 20 2 1-6 9478 Monroe 10 1 1 WEST VIRGINIA 9640 Saint Albans 10 2 1-6 9640 Saint Albans 20 2 1-6 10285 Reedy 10 1 1 10285 Reedy 10 2 1-6 WISCONSIN 9003 Watertown 10 2 1-6 Those desiring to obtain a copy of the publication, THE NATIONAL BANK NOTE ISSUES OF 1929- 1935 can do so by sending $9.75 to Treasurer M. 0. Warns, P. 0. Box 1840, Milwaukee, Wisc. 53201. We gratefully acknowledge the assistance of those col- laborating in making this supplement possible. They are: Johnny 0. Baas, J. W. Carberry, Peter Carter, Harry Coleman, Wm. P. Donlon, James W. Fletes, Dennis Forgue, Paul E. Garland, Dorothy Gershenson, Ted Gozanski, Arthur R. Hanna, John T. Hickman, R. E. Hohn, Steve Jennings, Paul Kagin, Don C. Kelly, John E. Krazewski, Phil Lampkin, Ell Kay Larson, M. H. Loewenstern, Lester Merken, Wm. G. Miller, Ken McDannel, Harold Moyer, Frank Nowak, J. Franklin O'Brien, John R. Palm, Milton Sloan, Frank M. Stirling, John T. Waters, L. J. Waters and Torn Wass. Where, Oh Where Are They By Louis Van Belkum National Bank Notes on all but one of the Territories have turned up throughout the years. But to date, not a single territorial note on Idaho Territory has come to light. There were eight banks in Idaho Territory that issued notes bearing the designation "Idaho Territory." The following table gives the banks that did issue such notes. Also listed are the types, denominations, and amounts of notes issued by these banks: Charter Denominations Amount Number City Type of Note Issued Issued 1668 Boise City F.C., Original Series 1,2I,s5s,u1e0, 20 $191,500. 1668 Boise City F.C., Series of 1875 1,2,5,10,20 120,400. 10,1668 Boise City S.C., Brown Backs 35,500. 2972 Lewiston S.C., Brown Backs 10,20 28,000. 1023 Lewiston S.C., Brown Backs 10,20 30,250. 3142 Ketchum S.C., Brown Backs 5 29,380. 3408 Moscow S.C., Brown Backs 5 50,000. 3471 Boise City S.C., Brown Backs 10,20 20,500. 3895 Halley S.C., Brown Backs 5 30,500. 4023 Pocatello S.C., Brown Backs 5 16,000. Total Amount of Idaho Territorial Notes Issued $552,030. The National Bank of Jefferson, Wisconsin, was chart- ered in the summer of 1865, having been assigned Charter No. 1076 by the Comptroller of Currency. It was capitalized at the sum of $60,000 and continued in business for 11 years. voluntarily liquidating its holdings on Aug. 26, 1875• F 7j N All L17 7 lila • /1eitiile7rir r rf./1•1, / 'Ar41~1 WHOLE NO. 37 Paper Money PAGE 13 Confederate Close-Ups By Everett K. Cooper A CLOSE-UP EXAMINATION OF THE $5 NOTE ISSUED BY THE STATE OF NORTH CAROLINA DURING THE ZENITH OF THE AMERICAN CIVIL WAR AND THE STORY IT TELLS WHEN DISSECTED AND RELATED TO THE PAGES OF HISTORY. State of North Carolina S5 note with steamship vignette This note is catalogued as Bradbeer No. 87 or Criswell No. 87, although both cataloguers erroneously indicate an issue date of July 1. 1862, rather than January 1, 1863. It is identical to a companion note (Criswell No. 124) as it came off the printing press and differs only in a red overprint added later which describes the fund- ing of these notes. The note "under the magnifying glass" has a straight, two-line overprint reading FUND- ABLE IN SIX PER CENT. COUPON BONDS ON OR AFTER JAN'Y 1, 1866 BY ACT OF DEC. 20, 1862. The companion note (Criswell No. 124) has an oval over- print reading FUNDABLE ONLY IN SIX PER CENT. COUPON BONDS plus an earlier issuing date of July 1, 1862. This immediately excites the curiosity as to the reason for the same note being released with different over- prints. Lacking positive historical proof we can by close examination deduce the reasons plus uncover some in- teresting related numismatic history. The North Caro- lina legislative Act of December 1, 1861, authorized the issuance of three million dollars in state currency. The act further provided that these notes be redeemed on or before January 1, 1865, in 6% interest state bonds. The firm of Jules Manouvrier in New Orleans was im- mediately secured to engrave and print these notes. Manouvrier, who recently lost their paper money print- ing contract with the Confederate government, diligently went to work at the task. Deliveries of printed notes were apparently made in batches as they came off the press, which accounts for the several written issue dates of January 1, February 15, and March 1, 1862. During the month of February 1862 economic conditions forced the interest rate from 6% to 8%, and the notes dated March 1, 1862 reflect this change. On April 24, 1862, New Orleans was captured by Federal forces, and this apparently ended the currency printing activity of Jules Manouvrier. However, during this same month the firm of J. T. Paterson & Company was born under the aegis of the Confederate government to engrave and print paper money, bonds, and postage stamps; they located their plant at Columbia, South Carolina. Paterson obviously became immediately involved in picking up where Man- ouvrier had ended. It has never been known why J. T. Paterson, who had purchased much of the equipment and lithographic stones of Hoyer & Ludwig, Richmond, had, after establishing his shop in Columbia at the re- quest of the Confederate government, so quickly also had a shop in Augusta, Georgia. Perhaps this was be- cause of labor supply, but other factors could have been involved. Comparison and use of certain vignettes and lithographic stones show that he apparently worked with or purchased equipment from Douglas of New Orleans and Howell of Savannah, both of whom were engaged in currency printing. For example, the state of Georgia issued a $2 note on the same date as this North Carolina note, January 1, 1863, with the identical "steamship at sea" vignette. The Georgia note is imprinted "Howell, Engraver"; note that this is engraver and not necessarily printer. Perhaps this was the reason Paterson so quickly located within the state of Georgia, to print their currency in conjunc- tion with Robert Howell. As an example of the possible relationship with engraver Douglas of New Orleans, cer- tain fractional notes of The Mississippi Central Railroad Company, dated January 1, 1862, were engraved by Douglas. Subsequently after the fall of New Orleans. some of these notes were reissued January 1, 1863, under the J. T. Paterson & Co. imprint with the only engrav- ing change being a crude revision of the date 1862 to 1863, indicating that the original stones were reused. An interesting relationship with Manouvrier is deduced from the fact that during the year 1862 Jules Manouvrier had a partner, a John Bachler. If we look at our North Carolina note, again "under the magnifying glass," we E 0. Sett ,,,‘„„ TWO DOLLARS ,7/27.,c. ‘7, 1, 11 • PAGE 1 4 Paper Money WHOLE NO. 37 State of Georgia note with same steamship vignette $5 pre-war note of Cochituate Bank (Mass.) with the popular steamship- at-sea type vignette. can discern below the right foot of Ceres the initials "J B"—John Bachler. The second note produced for North Carolina by the Paterson Company was the companion note (Criswell No. 124) to the note "under the magnifying glass" and was released with the oval overprint which altered only the interest rate on the bonds. Thus, this $5 "steamship at sea" note was actually produced for the December 1, 1861 act, hence, no need of the BY ACT OF DEC. 20, 1862 in the overprint. The need for more funds to finance the war prompted the North Carolina legislature on December 20, 1862, to authorize another issue of currency. This time the cur- rency was not to be fundable until after January 1, 1866, and in 6% state bonds. To expedite the release of this issue we can speculate that an additional supply of this $5 note was immediately printed and the two-line over- print put on to modify the lithographed funding informa- tion. Further, the note was trimmed very close to re- move the statement about 8% bonds printed along the edge. and the date 1865 modified by pen to read 1866. The note was ready for circulation probably within ten days. Next, the impressive central vignette comes under the scan of the magnifying glass and pages of history. Was this "steamship at sea" merely the artistic fancy of the engraver or does it bear some historical significance? This style of vignette did find precedence on a number of pre-Civil War bank notes; for example, a $5 note of the Cochituate Bank (Massachusetts), a $10 Citizens Bank of Louisiana (the famous Dix note), and others. Or, could it have been copied by the engraver from an- other source such as a popular lithograph print from the presses of popular Currier and Ives? A print titled "Royal Mail Steam Ship Asia," produced by Nathan Currier in 1851, bears a strong resemblance. And these widely circulated prints had been copied before, such as the Currier and Ives "Express Train" which became the central vignette used by Hoyer & Ludwig on the Con- federate $100 interest note of 1862. Or was it more original, such as a tribute to Con- federate achievement at sea with their deadly commerce raiders and defiant swift blockade runners? If so, did it honor a specific vessel or accomplishment or was it just allegorical? The Confederate government in Rich- mond issued a $1 note, dated June 2, 1862, which was produced by Blanton Duncan in Columbia, South Caro- lina, and had an almost identical vignette. The $5 North Carolina note was being prepared at this same time in history, which could pinpoint the date for the vessel be- ing honored. The pages of history do reveal that on March 17, 1862. the steamship CSS Nashville ran the blockade of Federal sailing vessels out of Beaufort, North Carolina, and soon became the first naval vessel flying the Confederate flag in English waters. In the North this was recorded as the "Bull Run of the U. S. Navy." The silhouette of the CSS Nashville. with a little artistic license, very closely approximates that used on this note, and considering WHOLE NO. 37 Paper Money PAGE 15 time and communication could have been as faithful a reproduction as possible. Thus, with this chain of logic we could assume with some degree of reliability this "steamship at sea" to be the Confederate Navy vessel Nashville. In conclusion, with an examination "under the mag- nifying glass," reviewing the pages of history and the application of common logic, we can know a lot more about this simple bit of currency. A National Bank Celebrates 107 Years of Service The First National Bank of Fort Atkinson, Wisconsin recently published a supplement to the local newspaper, the Daily Jefferson County Union, on the occasion of the opening of newly remodeled facilities. It included a capsule history so similar to the experiences of other such institutions that it is reprinted here for its numis- matic interest: "The First National was organized, not merely because its founders were looking for a way to get rich, but be- cause the people and the community desperately needed a bank . . . they needed a railroad . . . they needed homes and business buildings and new industry. The First National has been walking arm-in-arm with the needs of the community ever since. "On October 8, 1863, a handful of grim-faced men sat in a law office on North Main Street facing Fort Atkinson's first major crisis. The War Between the States was three years old. While fortunes of the North had taken a turn for the better in mid-summer, the new spirit of optimism was tempered with the grave knowl- edge that, even though victory might be in sight at last, who could be optimistic about the future of a country ravished, impoverished and torn asunder by a terrible conflict which had sometimes set brother against brother, and even father against son. "But before they went home that night, these men made what was to be one of the first decisions which would mould the destiny of tiny Fort Atkinson: They subscribed $50,000—an almost fabulous sum of money in those days—to finance a bank in the small village, and they became one of the first 50 banks in the country to petition the Comptroller of the Currency for a na- tional bank charter. "Thus was Fort Atkinson's First National Bank founded on faith, a faith which has prevailed over a century of dramatic development. It was a proud day for Fort Atkinson when the First National Bank received its na- tional charter in 1863. On January 4, 1864, its doors swung open for business, and the doors have been open every business day since that time, with the exception of the brief Bank Holiday in 1933." The commemorative supplement also reproduces the quarterly report of October 3, 1864, and contrasts it with the present statement. The 1864 report records $152,868.40 in total resources, of which $44,317.80 represented local loans. In the liability column, deposits of $29,605.26 were indicated. U. S. bonds deposited with the Treasurer amounted to $58.000, and similar bonds on hand totaled $9.000. The latest statement shows total resources of $16,864,423.19. of which $6.- 760,941.20 are loans, $1.652.233.75 are U. S. government obligations. $2,762,581.00 Federal Agency obligations, $3.344,401.35 state and political subdivision obligations. and $18.000 in Federal Reserve stock. Total deposits of $15,101,318.91 are shown in the liabilities column. A $5 note of the second charter period is shown along with a photo of a $1 note on the Koshkonong Bank, the first bank in the area. The accompanying text reads: "Fort Atkinson 'made its own money' as early as 1850. and as late as 1929. The one dollar bill was issued by The Koshkonong Bank. first bank in this area. It is more than adequately illustrated with an etching of somebody in curls. another of a couple of gents sitting beside a patriotic shield and still another of an Indian couple with a papoose gathering wild rice from a canoe on Lake Koshkonong. The extra fancy script assures us that 'The Koshkonong Bank on demand will pay one dollar to bearer at Fort Atkinson. secured by the pledge of public stocks. Countersigned and registered in the Comptroller's Office January 15th. 1859.' "To get real money for one of these bills issued by the early banks, you had to present it at the bank of issue. This was sometimes quite a trick, since many unscrupulous banks had a 'main office' at some mys- terious. hard-to-find location. Even earlier (1841-18531 banks had such a bad reputation that the Wisconsin legislature passed a law banning all banks and bankers! "The reputation of banks and bankers began to change slowly with the passage of the National Bank Act in 1863. and the creation of a sound national currency. backed by solid federal bonds instead of shaky 'public stocks.' Unfortunately, the system was slow in getting started because many northern banks owned bonds on southern state treasuries and couldn't cash them because of the Civil War then in progress. The loss of the war by the south, ironically enough. 'broke' many a northern bank. including The Koshkonong Bank, then removed from Fort Atkinson to Jefferson." Corrections to Kansas Listing Maurice M. Burgett has submitted the following cor- rections to two unfortunate errors that crept into the list- ing of Kansas obsolete notes he authored along with James F. Lindsay for PAPER MONEY No. 36: Page 135: Ft. Leavenworth; Merchants Bank. The third line should read: "The first three digits of the year date are printed." Page 140: Leavenworth City; The Drovers Bank, No. 4, should read: "1.00 identical to Ft. Leavenworth No. 5." (instead of No. 11 No. 5 should read: "2.00 same as above except for denomination." PACE 16 Paper Money WHOLE NO 37 National Currency, Series 1929 Why No. 1 Sheets Are Not Too Rare By Wm. A. Philpott, Jr. A rather well-informed young collector of U. S. paper currency, at the recent American Numismatic Association convention in St. Louis, posed this query: Uncut sheets, National Currency, series 1929, exist today in good sup- ply; a vast majority of these are the No. 1 sheets of the issuing banks; why is this so? The answer is well-known to oldsters among us who lived during the early 1930's. George H. Blake, 12 Highland Avenue, Jersey City, N. J., was a true "dean" of paper money fanciers. He called himself a "collector of paper money," and he au- thored the first listing of U. S. currency in a 1908 booklet entitled United States Paper Money. Mr. Blake was gracious toward young collectors. I credit him with incit- ing my early enthusiasm for U. S. paper currency. Be- sides being a seasoned collector and authority, he was thoroughly versed in selling the specimens which accumu- lated. The comparative proximity of his home to Washington, D C., and his friendships in the Treasury Department, particularly in the Redemption Bureau and the Comptrol- ler's offices, gave Mr. Blake the "inside track" for many years with accent on his governmental activities in the years 1927 to 1936. During this period the small size notes were replacing the old size, large ones. Hardly a pleasant day would the venerable numismatist be missing from his usual rounds at the Redemption Department or in the offices of the Comptroller of the Currency. During these years the fabled Col. E. H. R. Green (Hetty Green's son) was buying everything, numismati- tally speaking, that was offered. Anybody could sell him any item he did not already own. But he did not purchase duplicates no matter what. George Blake, widely known as he was in our hobby (more then twenty-five years Treasurer of the A.N.A.) found Col. Green a "soft sell" on the small size National Currency, series 1929, soon to be issued by the fourteen thousand-odd national banks. Avoiding duplicates, Mr. Blake suggested that the No. one, uncut, six-subject sheets could he made a fascinating project. Col. Green agreed. Accordingly, Mr. Blake, through his Treasury Depart- ment connections, was notified promptly when any and all banks ordered a circulation of the new size currency. By the time a bank had its currency application approved, the particular bank's officials had a letter from George H. Blake, in far away Jersey City, N. J. True, it was a form letter, with the bank's title, town or city filled in, but signed personally by Mr. Blake. The letter was ad- dressed, "Gentlemen," and went on to say: "From this letterhead you will note I am a collector of United States paper currency for historical, numismatic, and educational purposes. I am desirous of purchasing the Mr. Win. A. Philpott, Jr., one of the most respected "old- timers" in the paper money collecting hobby. No. 1, uncut sheets of your new, small sized National Bank notes when and as issued. For such I will pay the follow- ing premium prices : Sheet of $5, No. 1, containing 6 notes $ 37.50 Sheet of $10, No. 1, containing 6 notes 66.00 Sheet of $20, No. 1, containing 6 notes 125.00 Total $228.50 Payment for these would be made always in advance. Please advise if you will oblige me in this matter." While this "premium" only amounted to $18.50 above face value of the eighteen notes, many a bank cashier (and president) sold Mr. Blake their No. 1, uncut sheets. It was in the depression years, the new notes (shabby, compared to the beautiful, old large ones) would never amount to much—so, national banks by the scores sent Mr. Blake their No. 1, uncut sheets. What did Mr. Blake do with these uncut sheets? As fast as they were received he delivered them to Col. Green. Cost to the latter (Mr. Blake told me, himself 1 : $5's-$50; the $10's-$80; and the $20's-$145, per sheet. There, young questioner, you have the reason uncut sheets, series of 1929, serials Nos. 1, are rather in abun- dant supply for the few collectors who seem interested. Mr. Blake bought both types of this series for Col. Green. However, Mr. Blake did not offer to purchase the $50 and WHOLE NO. 37 Paper Money PAGE 17 $100 sheets. Few banks in the depression years ordered the higher denominations. And the new size currency looked cheap, compared with the large size notes of the yesteryears. When Col. Green's estate was administered, there was little interest among coin collectors in these sheets. A few of us borrowed money and bought, at 15% above face, as many sheets as we could afford. A few months later the large remainder of this sheet-hoard was turned into the Federal Reserve Bank, New York. at face value. The New York Bank segregated the sheets according to the 12 Districts. Each of the other 11 Banks received a list of sheets from banks in the respective Districts offering the sheets at face for the 11 Banks to distribute "as a public relation act" to the national banks of issue who originally sold them to Mr. Blake. When the Dallas Bank received a list of the 11th District sheets and the New York Bank's suggestion of a "good will" gesture, this letter was re- ferred to me, saying I could have any or all of the Texas No. 1 sheets at face value. If I did not want them, the Dallas Bank would write to New York to dispose of the notes elsewhere, as there was small interest in Texas. Again, I heaved a sigh, signed another large note or two at my bank, and rescued another score or so of uncut Texas sheets. I learned later that the remainder of sheets from the 11th District were eventually sent to the Treas- ury for redemption. Actual money was in the Treasury Department for the redemption of all National Currency, including the Federal Reserve Bank notes, series 1929. Observations on Kansas Obsolete Notes By James F. Lindsay (Editors's Note: Mr. Lindsay, a native of Topeka, Kansas, where his father was assistant State Attorney General for many years, has collected his native state's obsolete paper money since 1958 and collaborated with Maurice Burgett on the compilation of the Wismer list revision. He has offered the following observations about some of the notes listed therein.) Englehard & Fairchild Co. of Hiawatha—This probably IA as a concern of plumbing contractors. A granddaughter and a 40-year-old great-grandson of the Fairchild family are still living. It is said that they possess 28 one-dollar notes on about five sheets, the largest of which consists of seven notes. The only other copy of the $1 plain back is in the Newman collection. Pipher & Co.—This firm probably consisted of John, John W. and George Pipher. It sold groceries. drygoods, lumber and hardware. It was the agent for Ayer's and Moffatt's patent medicines, also. Lappin & Scrafford—A Frank Strafford, listed as a clothing agent, may have been connected with this Seneca firm. Sumner Company—This was a town company which organized, promoted and sold town lots, etc. The notes seem to have been 60-day, non-interest bearing type. The town was located just south of Atchison and is no longer in existence. Congreve Printing Booklet Available By Larry Adams Harris, Elizabeth M. SIR WILLIAM CONGREVE AND HIS COMPOUND-PLATE PRINTING (1967) 40c. Superintendent of Documents, Government Printing Of- fice, Washington, D. C. 20402. The student and researcher of paper money and its printing process will find this interesting booklet a wel- come addition to his library. Well-written and illustrated with color plates, Sir William Congreve's system of Com- pound-Plate Printing is told in an interesting style. Quoted from the introduction is this paragraph. "The Chronic problem of counterfeit bank notes in England in the early 19th century led the Bank of England to sponsor a public competition for a print- ing process that would deter forgers. Among those answering the appeal w as Sir William Congreve, a colorful and controversial figure, who was a gov- ernor of the Bank and an engineer by profession. During his temporary excursion into the printing trade he developed a process which he felt could not be imitated. This became known as 'compound- plate printing.' The process was never accepted by the Bank, but it was used for many years with suc- cess by one of London's private printing firms and by Somerset House, a government office." This is another of those obscure government publica- tions that unfortunately often escape public attention. It was prepared under the sponsorship of the Smithsonian Institution. Sam Sloat, Inc. Acquires Tom's Currency Albums Sam Sloat, Inc. of Westport, Conn. has announced the acquisition of the Tom's Currency Album line of supplies as the latest addition to its expanding program in the field of numismatics. Originated by Thomas B. Ross, long-time paper money enthusiast of Norwalk, Conn., and introduced in 1961, Tom's Currency Album has proven very popular with col- lectors over the years. The need for a real album to house paper money has grown greatly with the increased activity in the paper money field during recent years. Offering the only album specifically designed to organ- ize, house and protect the various issues, it contrasts sharply with other "stock book" types of albums currently available. Collectors and dealers may place orders or request further information from Tom's Currency Album Division, Sam Sloat, Inc., 136 Main St., Westport, Conn. 06880. //A ./7 /14 //4/1 ft 947;4 ' ///7/./,/ ir,w(//// //V ' „,;(:,,,„,;;,/ MONTANA, BOONE COUNTY, IOWA. AUGUST 1st, 1570, 441 Srboo1 Oisttici FIVE HUND'RED DOLLARS, erillo fol J. .1111,11/1. 0111,11d, Iht r sttre, r,j „rid Ittolry,,tel, brad 11,,frv.1 0' ltootloV241, ro- The In.lepandent School LG.*, Thu lolcosodost School Distriot. ,14, I ',A INW A. .11.1r - .1Ieontlf, hob dltr f ,, 10 1 I for$.11,0. The lodopandoot School Distrial VoST‘NA, IOWA, hrarre Inielwd due 1, 6. upon Rout 11,•,1 SSA, JIM, .i.tv•-G■, --FEP. - t, I 0 1 11: 1 1,, for .0, ror, .., do. , Pr. rieDol The Inclopootioot Seosol Ttt -I .t. I 1.,, 1,i, J f • 1 PAGE 18 Paper Money WHOLE NO. 37 History From Montana, Iowa By Larry Adams Montana, Iowa existed under that name for five years from 1866 to 1871. The two documents shown here are among a few of what remain which bear that name. The town was originally called Boone, platted in 1865, and named for Captain Nathan Boone, son of Daniel Boone. Captain Boone marched through this area in 1835 while on an expedition. On May 7, 1866, all this district that was called Boone was incorporated under the name Montana. Thus that name came into being and remained so until 1871, when a petition was signed and filed with the circuit court asking that the name of the settlement be changed from Montana to Boone. This petition was successful and the settlement was incorporated as a city. The town is still called Boone today! The reason for the name change to Montana still remains a mystery. The $500 bond issued by the Independent School Dis- trict of Montana was signed by A. K. Welles (on the left), a pioneer Boone Banker and then treasurer of the School District. He opened a private bank there in 1867, which was later called the Boone County Bank of A. K. Welles. The interesting rubber stamp mark on the upper right shows that the bond was paid off at the Boone County Bank of A. K. Welles on March 1. 1874. Vincent Woods & Co. issued the certificate of deposit dated April 11, 1871. They were a private banking firm. This is the only document I have seen on this bank, and I have not found any record as to when it first opened. WHOLE NO. 37 Paper Money PAGE 19 This was one of the later items bearing the Montana name, since 1871 was the year of the name change back to Boone. Note the vertical writing to the right of the vignette and through the signature. "One Thousand Dol- Lars" was written in both words and figures a second time in these places. This was an early method of safe- guarding checks and similar documents against altera- tion. Dr. Hjalmar Schacht: German Reichsbank President, 1923-30, 1933-39 By Richard Banyai Ten reichsmark note of the Reichsbank. The first full signature under REICHSBANKDH-LEK- TORIUM is HJALMAR SCHACHT. Dr. Hjalmar Schacht, who received his Ph.D. in politi- cal economy, had a varied career in German banking from 1903 to 1923 before his official appointment to the Reichs- bank as its President. He was responsible for the intro- duction of the rentenmark in November of 1923, which was one of the important stabilization measures to halt the spiraling inflation of that time in Germany. In December of 1923, Dr. Schacht was appointed Pre- sident of the Reichsbank, the German central bank. He held this position until his resignation in March of 1930. The period from 1930 to 1932 was one of semi-retirement for Dr. Schacht, as he toured a number of countries and lectured in the United States. When the Nationalist Socialists came to power with Hitler as leader, Dr. Schacht was again appointed President of the Reichsbank England Substitutes Weighty Coin for Bank Note Recent visitors to Britain may have noticed that the once prevalent ten shilling notes have disappeared from circulation to be replaced by the decimal system 50 new pence coin. The notes, issued between 1961 and 1969, were called in Nov. 20, 1970, and are no longer legal tender. The logic of this move escapes visitors from other countries, since it substitutes weighty coins for a convenient note, seemingly a step backward in mone- tary development. That would be like withdrawing all one dollar bills in favor of the new Eisenhower dollar. in March of 1933. He was chose for this important posi- tion once more because of his keen knowledge of economics and money and also because of his part in the 1923 stabilization of the German mark. He held this posi- tion until his dismissal by Hitler in January of 1939. His dismissal was a political one based upon the conflict between Dr. Schacht's "conservative" monetary policies and the rather "extravagant" monetary policies of the Nazis which had developed in the late 1930's. He was dis- missed by a direct order from Hitler. For a more detailed study of Dr. Hjalmar Schacht, refer to the article, "Dr. Hjalmar Schacht: Central Banker and Financial Wizard," which appeared in the Whitman. Numismatic Journal, December 1968, Volume 5, No. 12. pages 696-710. The only beneficiaries of such a move would be pants pocket manufacturers! Swedish 1804 Note Mr. Ernst Nathorst-BOOs of the Svenska Handels- banken, Stockholm, has corrected an error that appeared in PAPER MONEY No. 35. Page 107. The Swedish note of 1804 with a value of 14 skilling (not shilling) in cop- per does not depict a nativity scene and star of Bethlehem within the colorless embossed seal at the top. Rather, the scene depicts the pole-star surmounting a rectangle, with symbols for commerce and sea trade between two horns of plenty. No Christian or other religious symbols appear on any Swedish bank note. PAGE 20 Paper Money WHOLE NO. 37 The Card System of Record Keeping By Howard W. Parshall Have you considered the advantages of a card system for recording information about your paper money col- lection? After experimenting with lists, notebooks, and charts, I have found the card system simple, flexible, and most efficient. An index card can be filed by types of notes, sig- nature varieties, denomination, and catalog number, to suggest a few examples. All pertinent information about the note may be viewed at once. Every identifying feature of the note can be recorded on one side of the card. Also, date of purchase, seller, and cost, plus date of sale (or trade), buyer, price, and profit or loss may be included. This latter feature provides an instant and accurate inventory whenever needed. The card may be removed and replaced in the file as it suits the collector's purposes. Index cards fit easily into one's pocket or purse for reference when needed. These cards should be kept in a separate place from the collection. In this way identifying data on each note will be available if the collection is lost or stolen. One of the nicest features about the card system is the ease with which it can be kept up to date. If a note is sold or traded, the card can be pulled and the facts recorded. It may then be kept and filed separately. Thus, if a question arises regarding a note no longer in the collector's possession, a quick reference will provide the needed information. When a note is added to the collection, one needs only a moment to record the perti- nent information. A single card form can adequately serve to record several types of notes. Information on United States Notes, Silver Certificates, Federal Reserve Notes, Federal Reserve Bank Notes, and Gold Certificates can be re- corded on one card. The type of information needed on National Bank notes requires a separate card. The all-purpose card for most United States currency and the single purpose card for the Nationals illustrate the flexibility of the system. The collector of fractional, obsolete, Confederate, foreign, and other types of cur- rency can, in a few moments, develop a card system to suit his personal interests and needs. Cards of different colors might be used to classify types of notes. For example, the collector of current size notes might use red or pink cards for United States Notes, blue for Silver Certificates, green for Federal Reserve Notes, and so on. The card color would corre- spond with the seal color for each type. (Note : Dramatic proof of the value of Dr. Parshall's card system was furnished the morning of Sept. 16, 1970, when the following National Bank Notes were stolen from his home. His card file kept separately yielded the following descriptions. Anyone knowing the whereabouts of these notes, please contact Dr. Parshall at P. 0. Box 191, Pineville, La. 71360.) OLD LARGE SIZE "NATIONAL" CURRENCY Cat.#2cyc.., /02 y Spec. Series / 41-Z S' "6" feature Serial# E013 7/ 7 c A Condition C Ck. let. E Quad.# Face# Back# 35'2, Put d. 6 --/-66/ From j,n4,4... Sold d 7-13 - 70 To 13 41C 8,-ractd-rt., YZut `r 5-0 ,0 Cost — Sold , 57) The all-purpose card for most U.S. currency. . 3 ..Z0 - J NATIONAL BANK NOTE Ck. let. E Face# 1±7 Back# Denom Series 112 serial# E0P1--5- 7i A Cond. 7\ U char .# / 30 *If a•t•vt.--r.-yLtt,jl,".4,1 c ity Cirx.vt 3:,-,r-a-s-e-44-4-c..— State Pur. d. 3 - Ib-6y Fro. Y1 cv^Sold d. 'I -1 41- -7 0 Tc:),/,...,d*Litt, - cost-S.". °-2 sold$3.2 Profit/ire-eft 7 5-2 The single purpose card for National Bank Notes. SC FRN FRBN GC 7 0 Denom. Cat. Charter Serial Condi- Denom. Series Name of Bank No. Nos. tion 5.00 1902 United States Nat]. Bk. 5913 19179 XF Johnstown, Pa. 10.00 1902 Bank of North America E602 60516 XF Phil.. Pa. V413400E 20.00 1902 Gold Standard Natl. Bk. E5727 803 AU Marienville, Pa. .E741335E 5.00 1902 Chemical Natl. Bk. E1499 38916 CU New York, N. Y. H712398B 10.00 1902 Maiden Lane Natl. Bk. E7107 2110 XF New York, N. Y. B942592 5.00 1875 Iron Natl. Bk. 2534 2752 XF Plattsburgh, N. Y. X569513 5.00 1902 Brotherhood of Locomotive 11862 34689 CU Engineers Cooperative A173235E Natl. Bk. - Cleveland, 0. 5.00 1882 Nat]. Bk. & Loan Co. 1508 52 VF Watertown, N. Y. D117776 5.00 1882 Safety Fund Natl. Bk. 2153 20559 VF Fitchburg, Mass. M5100,34 5.00 1902 Textile Natl. Bk. E7522 874 XF Phil., Pa. B221806 5.00 1902 Natl. Bk. of Iron Mountain M11929 5552 VF Iron Mountain, Mich. D344848E 5.00 1902 Natl. Butchers & Drovers Bk. 1261 51842 VF New York, N. Y. 5.00 1902 Tradesmen's Natl. Bk. E570 65844 AU Phil., Pa. V774085E 5.00 1902 Farmer's Deposit Natl. Bk. 685 296413 XF Pittsburgh, Pa. T18477411 5.00 1902 Safe Deposit Natl. Bk. 12405 19551 VF New Bedford, Mass. 5.00 1902 Grape Belt Natl. Bk. 12476 11080 AU Westfield, N. Y. 10.00 1902 Charter Oak Nat]. Bk. N486 18353 CU Hartford, Conn. A398567B 10.00 1902 United States Natl. Bk. 12475 25054 CU Galveston, Texas 10.00 1902 American Natl. Bk. 9748 10440 CU Jamestown, N. Y. 20.00 1902 Drovers & Mechanics Natl. Bk. 2499 17961 XF Baltimore, Md. Paper MoneyWHOLE NO. 37 PAGE 21 Paper Money Issued in Russia During World War One 19.1 . 5 -1918 By Michael M. Byckoff (Continued from PAPER MONEY No. 36, Page 152) III. Romanoff Jubilee Currency Stamps Made in Germany "Made in Germany" issue. terAe- eie kapasmt Ca 611ompeTOIrb CO- 11841140AMOIM. TW. • Mater), xe*Ae- mie mapaext rpaaeloomen .6- Manalea apaci• mteli 20 kop.inscribed:–"Having circulation on a level with bankrupt silver coin." "Se–Tenant" pair. 15 kop.inscribed:–"Having circu- lation on a level with plunder deceit by the rulers." In 1923, in one of his occasional visits to the stamp shop of one Mr. Oscar Riep, Berlin, Germany, Mr. N. I. Kardakoff's attention was attracted by the "se-tenant" pair of 15 kop. plus 20 kop. of the Romanoff Jubilee postage stamps. Knowing that these stamps were issued in individual sheets for each denomination, he closely examined the pair, and, to his astonishment, found out that it consisted of Romanoff Jubilee currency stamps with an unusual degrading inscription on the back of each. The inscription on the 15 kop. stamp reads: "IMEET KHOZHDENIE NARA VNE S GRABEZHOM OBMANOM PRA VITELEIY" (having circulation on level with plunder deceit the rulers), and on the 20 kop. stamp: "IMEET KHOZHDENIE NARA VNE S BANK- ROTOM SEREBRIANOIY MONETY" (having circula- tion on level with bankrupt silver coin). Mr. Oscar Riep explained to him that these stamps were acquired, mostly in whole sheets, from Russian Prisoners- of-War in 1918-1919, when they were repatriated back into Russia, according to the Brest-Litovsky Peace Treaty (March 1918) between Germany and the Russian Bol- sheviks' government. By the order of the German authorities, the reichsmarks in the prisoners' possession were exchanged into Russian paper money, among which were these Romanoff currency stamps. Mr. 0. Riep further explained that these stamps were printed in sheets of 100 stamps of each, the right half of each sheet with 15 kop. and the left one with 20 kop. He had good supply of them at that time, buying stamps directly from Russian prisoners, but now in 1923, when Mr. Kardakoff visited his shop, it had dwindled down to a mere strip of four (20+20+15+15) and a few singles of both de- nominations. Mr. Kardakoff bought the strip and a couple of singles. Later on, he visited the shop again, but by then the stamps were sold out. The stamps were typographed (letterpress) on very good, smooth, unwatermarked, white paper, 0.165 mm. in thickness (as against .125 mm. of the original). The impression is clear, without any blemishes; the perfora- tion is 13 1/4 x 13 3% (against 13 1/2 of the original), and the centering is almost perfect. Because the original currency stamps of the later printings have a wide range of the color variations, the German-made stamps are al- most undistinguishable from them by color; they are slightly brighter and look fresher than originals; the inscriptions on the back are also well centered but slanted a bit to the right. Because of the aforementioned characteristics, their professional production, the plate layout (se-tenant—two denominations from one cliche), perforations the same as those then used in Germany for its own postage stamps, distribution by official German agents among Russian prisoners, and the initial discovery in Germany, it is probable that the currency stamps with degrading in- scriptions on their backs were prepared and printed in Germany by the order of the German General Staff. Before and particularly during World War One, the German General Staff spent 50 million gold reichsmarks to prepare and propagate the revolution in Russia. Their plan was to promote the independence movements in the Caucasus, the Ukraine, Poland and Finland, and in Russia proper to create via their agents a revolutionary movement. One of their plans was the production of the currency stamps and distribution throughout Russia via agents so as to undermine the value of Russian money and destroy or at least lessen confidence in the Imperial government. But they failed evidently because the stamps were confiscated by the Customs' Inspectors and the Guardsmen at the border and destroyed. No single specimen of this issue has been found in Russia during the 55 years since then. The February 1917 revolution in Russia opened the borders wide, an opportunity seized by the German General Staff which insisted that the German Foreign Office transport through Germany into Russia in a sealed railroad car their former secret agent, Comrade V. I. PAGE 22 Paper Money WHOLE NO. 37 Uliyanoff-Lenin and his 32 lieutenants. On April 9, 1917, this party, with farewell cries of "Spies . .. Ger- man spies," departed from Bern, Switzerland to change not only the history of Russia but of the whole world. During the war Russia lost to Germany as prisoners of war two million soldiers. They were not kept idly in Germany's camps; many of them, healthy and able- bodied, were offered and accepted work in coal mines, iron mills and on farms, earning scant wages and saving them for the future. When Germany in 1918 began to repatriate them, according to terms of the Brest-Litovsky Peace Treaty, it began the policy of changing the reichs- marks in the prisoners' possession into Russian paper money, using among others its forged Romanoff cur- rency stamps. As soon as the prisoners returned to the Fatherland, they learned that their savings, exchanged by the Germans for Russian money at the pre-war rate of 37 1/2 kop. per one reichsmark, now were worth only 5-6 kop., and the currency stamps had been demone- tized by the Soviet government at the end of 1917 and were worth nothing. They also learned that possession of a stamp with an image of the former Tzars could lead to accusation by the agents of the "Che-Ka" of being tzarist and a counter-revolutionist. Afraid to face all the consequences of such an accusation, former prisoners destroyed the stamps, evidently never reading the inscrip- tions on the back of them, the inscriptions degrading the rulers whose images they saw on the face of the stamps. If. in any case, some of these stamps "Made in Ger- many" were saved as souvenirs, they evidently perished in the aftermath either of the Civil War 1918-1921 or of subsequent events. None showed up after World War II. German philatelic and numismatic circles maintained strict silence on this subject; it is not known whether anyone saved these stamps. Few survived outside of the U.S.S.R. In the estate of the late Dr. G. V. Salisbury (Bondarenko) are two stamps he bought from Mr. N. I. Kardakoff. I also acquired for my collection from Mr. Kardakoff one pair se-tenant 20 kop.+15 kop., probably unique in this condition, and two separate stamps of 15 kop. and 20 kop.; they were the very last ones in his possession. These are all the known copies of the "Made in Germany" Romanoff Jubilee currency stamps. REFERENCE Mr. N. I. Kardakoff's personal letters to the author. Russian Stamps-Currency Made in Germany, by N. I. Kardakoff, Rossica-Journal of the Russian Philatelic Society Abroad, Nos. 46/47, 1955, pp. 40-41. (Russian edition) "Romanoff Currency Stamps of 1915, 1916-1917," by Dr. G. V. Salisbury, The Journal of the Rossica Society of Russian Philately, No. 59, 1960, pp. 21-25 The Russian Revolution, by Alan Moorehead, Harper, N.Y., 1958, Chapter 8: "German Revolutionary Net," pp. 114, 180-183, 206, 274. Catalogue of Paper Money of Russia and Baltic States, 1769 -1950, by N. I. Kardakoff, page 363: "Stamps issued for propaganda"-Nos. 7 and 8. (To be continued) McNeal Coal Co. Scrip of Pennsylvania (Continued from Page 8) and 34 miles by rail north-east of Pottsville; operated by the M'Neal coal company." On the next page of the same report the following appears under "Remarks": "The Barry Slope colliery, the Jackson and M'Neill collieries are all operated by the McNeill company, and whilst the coal from the Barry colliery is shipped by the Lehigh Valley railroad, the coal from No. 1 and 2 breakers is shipped by the Philadelphia and Reading railroad branch road, and is now a con- solidated coal company. The following information appears in the report of the Inspector of Mines for the year 1870, Page 64: "The M'Nael basin is situated W 35 deg. N 1 1/2 miles from Mahanoy City and E 7 deg. S, 2 miles from Shenandoah City and extends from St. Nicholas to Coal Run line 3 miles in length and 1 1/2 miles in breadth. . . . Mr. Frank Daniels, superintendent of the M'Nael coal com- pany developed this basin. . . ." In the 1872 inspector's report on Pages 107 and 108, The McNeal Colliery No. 1 was listed as being situated in Y eatsville. McNeal Colliery No. 2 was worked in connection with No. 1 upon the same coal seams. The M'Neal Colliery No. 3 or Barry Slope along with No. 1 and No. 2 were apparently all being run at this time by the Philadelphia and Reading Coal & Iron Company's agent, William Kendrick. Mr. Charles H. Engle, principal of the Mahanoy Area School district, has done considerable research work on the early collieries of Pennsylvania. He tells me that the Yatesville Colliery was located at a place called Jackson's Patch, which is now entirely destroyed by stripping operations. Mr. Engle has also delved into the early deeds and land grants and informs me that the name McNeal comes from an early land grant of the State of Pennsylvania for 400 acres to a James McNeal; it was dated Sept. 8. 1784, and the tract was called "Richland." The deed is re- corded in the Schuylkill County Courthouse at Pottsville. Mr. Engle also stated that most of the early collieries were named after the owners, operators, or lessees, such as Yates, Jackson, McNeal, Barry, etc. From all the information given here, can there now be any question as to the existence or location of the McNeal Coal Company and its scrip? Acknowledgements and thanks are due those who helped me get this information together, namely: Mrs. McGrath. reference librarian of the Pennsylvania State Library, Harrisburg; The Wyoming Historical & Genea- logical Society of Wilkes Barre, Pa., and Mr. Charles Engle of Mahanoy City, Pa. WHOLE NO. 37 Paper Money PAGE 23 Roy Pennell Exhibits at Smithsonian One of the highest accolades a collector and his col- lection can receive is an invitation to exhibit at the Smithsonian Institution. SPMC Vice-president J. Roy Pennell, Jr. received such recognition in October, 1970 when his collection "South Carolina Paper Money 1770-1933: Colonial Bills to Depression Scrip" was set up in the Hall of Monetary History and Medallic Art as a part of the commemoration of the 300th anniver- sary of the settlement of the state. The opening reception was attended by some 280 people, many of them members of the South Carolina Society in Washington. Among SPMCers were George Wait, Charles Affleck, Brent Hughes and Ellis Edlow. Mrs. Elvira Clain-Stefanelli, curator at the Smith- sonian, set up the Pennell notes for display and wrote the text for a most attractive illustrated brochure, which is reprinted here: The paper money of South Carolina constitutes a series of highly interesting documents concerning the financial situation of the state. In addition, the currency is an outstanding record of everyday life in the past with its political issues, technical accomplishments, cultural habits and artistic tastes. Shortly after its founding, South Carolina established an active commercial trade with England and with Bar- bados and the other colonies. For these transactions, handwritten pay orders drawn on English banks were often used, while local trade was mostly confined to barter and, on rare occasions, to coins of the motherland or of Spain or Portugal. To cover expenditures for Carolina's frequent wars with the Indians and Spanish and to finance local building programs, special emergency measures were taken and the first bills of credit were issued in 1703. The Assembly's Acts authorizing these issues limited the amounts of the bills and their period of circulation, but, with time, redemption dates were postponed and new amounts printed. This misuse led to inflation and to rapid depreciation. Many of the early colonial issues have completely disappeared and bills prior to 1770 can be considered, in general, as very rare. THE AMERICAN REVOLUTION ISSUES OF 1775-1787 Large amounts of money in numerous issues of bills of credit were authorized by the Provincial Congress of South Carolina to help finance an embittered war. The drawings and the Latin mottoes imprinted on the bills of those years manifest the Congress's desires to impart to the citizenry the determination to fight and the hope of a brighter future: paper money was a means of publicizing inspirational war slogans. The pride of repulsing an attack of the British fleet on Fort Moultrie Charleston Harbor) in 1776 was expressed in paper bills, and up to the 1840's Fort Moultrie was illustrated on state bank notes along with figures of Revolutionary heroes. STATE BANK NOTES 1790-1870 During the colonial period Charleston had developed into one of the most prosperous harbors on the East Coast and, with the rapidly growing export and import business, the demands for currency and loan facilities grew. After the Revolution, the state was left with an inflated worthless currency and no appropriate medium for its trade. The value of the 1777 dollar had dropped to slightly more than three cents by 1779, and in May 1780 it was worth less than two cents. The first attempts, in 1783, to provide financial help by the creation of a bank in Charleston failed, but in the early 1790s the Bank of South Carolina began its opera- tions, although it was not officially chartered until 1801. In 1792 the Bank of the United States, located in Phil- adelphia, set up a branch at Charleston. This also helped the South Carolina economy for a while. The bank's charter expired in 1812 and was not renewed until 1816: in 1836 the bank was forced to liquidate. By 1801, two banks had been chartered, The Bank of South Carolina and The State Bank of South Carolina. State banks were permitted to issue currency totaling up to three times their funds in gold and silver. When the financial crisis of 1837 occurred, South Carolina had 14 chartered state banks. As in the rest of the United States, local banks had to suspend specie payments from the spring of 1837 until the summer of 1840; the only bank that did not have to discontinue its payments was the Bank of Georgetown. The crisis of 1837 shook the confidence of the people in banks, and no other new banks were chartered until 1851. During the panic of 1857, nine of the state's 20 banks were able to continue making payments and, by the fol- lowing spring, trade was normal. The banking business was fully developed when the Civil War broke out, but nearly all banks still operating in February 1865, when General William Sherman attacked South Carolina, were destroyed or damaged by fire. Only a few banks re- opened after the war and then only for a short time, with the exception of the Bank of Charleston, which operates up to the present under the name of the South Carolina National Bank. The bank notes of the first half of the 19th century provide great and fascinating variety. They constitute, in fact, an illustrated history of those years. Vignettes on many bills depict the wealth of the state, especially in rice and cotton; national heroes or political and financial leaders; steamboats and trains, the great novel- ties of the era; official buildings; and even popular paintings. The portrayal of Senator John C. Calhoun, one of the South's most illustrious statesmen, in a Roman toga was copied from a marble statue by Hiram Powers. The bill is an important detailed record of the sculpture. which was destroyed by the fire at the state capitol at Columbia during the Civil War. In this exhibit, the PAGE 24 Paper Money WHOLE NO. 37 war period is represented by a few shinplasters, or scrip, mostly in fractional denominations issued by townships, manufacturing companies, schools, courthouses or stores. When the National Banking System was organized in 1863, some local banks began to deposit bonds with the Treasury, thereby functioning under the charter of a national bank. The Federal Reserve System super- seded the National Banking System in 1913. Of special interest are the clearing house certificates issued as emergency measures during the panic of 1893 and of 1907. The wage certificates of the Depression ( 1930 I as well as the plantation scrip used to pay workers on large land properties are also revealing his- toric documents. Seldom has local and national history found such a vivid image as in this South Carolina paper money, selected from a period that spans three centuries. Library Notes The past quarter has been highlited by several signifi- cant donations which are now available to member- borrowers: BOOKS P-2, Pick, A. Briefmarkengeld. 1970 (gift of the pub- lisher P-3, Pick, A. Papiergeld Katalog Europa Seit 1900, 1970 edition. (gift of the publisher). G-3, Gaytan, C. and Utberg, N.-The Paper Money of Mexico 1822-1964 (gift of James R. Hanna, SPMC 1717). C-6, Charlton. J. E. Standard Catalogue of Canadian Coins, Tokens and Paper Money, 15th edition, 1967 (gift of James R. Hanna). H-5. Hessler. G.-The New Official Guide to United States Currency, 1971 edition (gift of the author). Briefmarkengeld (Stamp Money) is the latest of Albert Pick's useful numismatic works. The 66-page volume sells for $5 in Germany by the publisher, Klinkhardt & Biermann, Helstedter Strasse 151, Braunschweig. It is a hard-cover book that illustrates and describes stamps used as money, both encased and unencased, as well as postage currency. Mr. Pick's Papiergeld Katalog, also a 1970 release of the Ernst Battenberg Verlag, 8 Munich 71, Postfach 710 260, Germany, is a large, 300-page volume listing and pricing 20th century note issues of Europe, all 4.758 of them. Although printed in German. as are the other Pick books, it is easy to follow and well illustrated. Best of all, the author does not resort to complicated symbols and abbreviations that require constant reference to the front of the hook. This catalog, together with Herr Pick's other works in our Library, form the keystone of the section on world paper money. The Hessler "Guide," published by Dafran House, is a 188-page paperback featuring buying and selling prices. It lists all U. S. paper money 1861 to date and includes sections on error and counterfeit notes. Gene Hessler is the curator of the Chase Manhattan Bank Money Museum in New York City. More additions from the Banyai collection have been catalogued and listed below. The two volumes on the dollar crisis form an interesting glance back and an opportunity to evaluate economic thought and predictions of the 60's in the light of the 70's. The Wright work contains useful chapters on the history of our National Banking System. Erhard's book is a fascinating history of the German post-World War II "economic miracle." Although the Walker work dates from 1887, it is useful as an explanation of the thought prevalent during the years of the bimetallism controversy, with good chapters on the theory of paper money. Excerpts from various writings of Prof. Walker have been selected by Richard Banyai and will appear from time to time in PAPER MONEY. E-1, Erhard, Ludwig The Economics of Success, 1963. H-6, Harris, S. E.-The Dollar in Crisis, 1961, paper- back. T-3, Triffin, R. Gold and the Dollar Crisis, 1960, paperback. W-1, Walker, F. A.-Political Economy, 1887. W-2, Wright, I.-Bank Credit and Agriculture, 1922. REGULAR ADDITIONS TO THE PERIODICALS SECTION ANA Club Bulletin: July, Aug., Sept., Oct., Nov., Dec. 1970 The Canadian Paper Money Journal: Vol. 7, No. 3, July 1970 Vol. 7, No. 4, Oct. 1970 The Essay-Proof Journal: Vol. 27, No. 3, 1970 Vol. 27, No. 4, 1970 The Numismatist: Vols. 74 to 80, 1961-67 inclusive (The above are the gift of Michael M. Byckoff, who has thereby filled in our collection from 1961 to date.) Vol. 83, Nos. 7 to 12, 1970 Paper Money: Vol. 9, No. 3, 1970 Vol. 9, No. 4, 1970 CORRECTION Mr. Richard E. Dickerson has brought to our atten- tion an error in the listings of M-4 (Magyarorszag Papirpenzei). We misunderstood the Hungarian custom of placing the surname first. Actually the authors of this work on Hungarian paper money are Mihaly Kupa and Bela Ambrus, so the code is now: K-3, Kupa, M. and Ambrus, B.-Magyarorszag Papirpenzei. WHOLE NO. 37 Paper Money PAGE 25 The Winner's Circle It seems that the headline "Paper Money Wins Trophy" is seen more frequently every passing week as our branch of numismatics forges ahead rapidly and gains more and more adherents. Recent trophy-winning members of the Society are listed here. If your name has been omitted, please tell the Editor. Send photos of yourself and/or your exhibit, too. Walter D. Allen of Oakville. Ontario—For Canadian paper money, Mr. Allen received in 1967 and 1970, firsts at ANA; a first at CNA in 1967: and a third plus the Blanchard Award at ANA 1969. Dr. Walter B. Jones of Huntsville, Ala.—For obsolete Alabama currency, best-in-show at the Alabama Numis- matic Society convention 1970. A. L. Kropp of Tuscaloosa, Ala. A third at the 1970 Alabama show for obsolete currency. John. Morris of Homewood, Ala.—First in U. S. paper money at the 1970 Alabama show and a third at the ANA 1970 for a five-case exhibit of types of U. S. paper currency. Frank Kennedy of Birmingham, Ala. Second in U. S. paper money at the 1970 Alabama show. William Billingsly of Birmingham, Ala. Third in U. S. paper money at the 1970 Alabama show. Charles M. Grace of Florence, S. C.—Best-in-show at Greensboro, N. C. Coin Club show 1970 for obsolete notes of South Carolina. Dean Oakes of Iowa City, Iowa First in U. S. paper money at 1970 ANA for a three-case display of National Currency. Ronald Murphy of Springfield, Ill.—Third in foreign paper money at 1970 ANA for five cases of the paper money of Spain, 1905-65. Richard G. Bowman of Denver—Best-of-show at 1970 Rocky Mountain Coin Show, Denver, for Mormon cur- rency. George D. Hatie of Grosse Pointe Park, Mich.—First in paper money, 1970 Penn-Ohio Coin Clubs show. Ron. Nobbs of Vienna. Ohio Honorable mention in paper money, 1970 Penn-Ohio show. Robert Wheeler of Detroit—Best-of-show at the Fall 1970 convention of the Michigan State Numismatic So- ciety for change-over pairs of U. S. paper money. OTHER MEMBER ACTIVITIES At the Penn-Ohio show, SPMC president Glenn Smed- ley spoke on engraving as a process for printing paper money, using slides to illustrate examples on U. S. cur- rency. At the Western Electric Stamp & Coin Club exhibit, 1970. Indianapolis, F. K. Keith set up an invitational exhibit of obsolete paper money. His frames occupied 24 feet of floor space. David Hakes of Independence, Mo., promoted the hobby and SPMC in a recent TV interview in Great Falls, Mont. He was also the subject of a feature article in the Great Falls Tribune. In Memoriam Susan Burma Huntoon Readers of Peter Huntoon's excellent studies on U. S. large size paper money were shocked to learn of the sud- den and untimely death of his wife, Susan Burma Hun- Loon, on November 8, 1970, of an acute asthmatic attack. Mrs. Huntoon, who was 28 years old, had accompanied Dr. Huntoon to the rim of the Grand Canyon, where he was directing geological surveys. Mrs. Huntoon had also accompanied her husband on many numismatic journeys and assisted him in editing his writings, including those used in SPMC's latest pub- lication, The National Bank Note Issues of 1929-1935. Officers and members of SPMC extend their deepest sympathy to Dr. Huntoon and her parents, who also survive. I. T. Kopicki Former SPMC Treasurer I. T. Kopicki died at the age of 67 on September 12, 1970, at his Chicago home. He had suffered from the complications of a heart condi- tion. A native and life-long resident of Chicago, he retired in 1965 as executive vice-president of the Lawn- dale National Bank & Trust Co., which he had served for 47 years. At the time of his death, Mr. Kopicki was the senior active member of the Chicago Coin Club and had com- pleted 45 years of membership in the ANA. He had an outstanding collection of U. S. coins and paper money, having specialized in notes of national banks of Chicago and northern Illinois. Julian S. Marks SPMC charter member No. 20 and former governor Julian S. Marks of Cincinnati passed away at the age of 70 on October 23, 1970. He succumbed to an illness incurred while traveling in the Orient. Mr. Marks headed a family-owned shoe company and the Hobby Finance Co. in addition to his many numis- matic activities. For his U. S. paper money exhibit at the 1961 ANA convention in Atlanta he received the coveted Amon Carter Award. He served as a judge and speaker on many occasions and in 1968 was appointed by President Lyndon B. Johnson to the Assay Com- mission. The Lewis M. Reagan Memorial Foundation has an- nounced that it will make an award in Mr. Marks' name for paper money exhibitors at the annual ANA conven- tion. Those desiring to contribute to the fund should make their checks payable to the fund and send it to Sol Kaplan, 1103 Transit Bldg., Cincinnati, Ohio 45202. PAGE 26 Paper Money WHOLE NO. 37 SECRETARY'S REPORT New Membership Roster No. New Members Dealer or Collector Specialty 2901 James Been, 3506 Windsor Dr., Boise, Idaho 83705 C, D 2902 Vernon L. Castle, 3912 Treeline Dr., Dallas, Texas C U. S. small size notes 75224 2903 Richard J. Brondsema, 3725 South Paulina St., Chicago, Ill. 60609 C Confederate Treasury Notes 2904 W. W. Shivers, P. 0. Box 187, Winnfield, La. 71483 C Louisiana National Currency 2905 Dr. D. C. Montgomery, Jr., 124 South Broadway, Greenville, Miss. 38701 C Mississippi—obsolete, state and National Currency 2906 Charles F. Verhoeven, 150 Godfroy Ave., Monroe, Mich. 48161 C, D Michigan broken bank notes 2907 Lowell C. Horwedel, 19201 Bessemer St., Reseda, Calif. 91335 C California—large size National Currency 2908 CMSGT Marvin E. Stanton, 603 Massq. Box 22803, APO San Francisco 96239 C, D Fractional currency and small-size notes 2909 David R. Stanley, P. 0. Box 1364, Levelland, Texas C U. S. large size notes 79336 2910 Charles E. Capriola, Jr., Birch Dr., Bennington, Vt. C U. S. 05201 2911 Peter Jones, Audley House, 11 Margaret St., Lon- don, W 1, England D General 2912 Arthur G. Knowlton, 132 So. Ogden Ave., Columbus, Ohio 43204 C U. S. large size notes; 1929 National Cur- rency; Silver Certificates 2913 Silas Little, CAAG - USOM, APO San Francisco C Paper money of Southeast Asia 96346 2914 C. I. Gibson, 4 Northgate Dr., Camberley, Surrey, England C, D Europe, Americas, Asia and British Colonial 2915 Harvey L. Newpoff, 539 Garnett Rd., Columbus, Ohio 43213 C U. S. large size notes 2916 David Walsworth, 225 Trenton St., West Monroe, La. 71291 C, D Confederate and southern obsolete notes 2917 Guy Arrowsmith, 308 South Prospect, Champaign, Ill. 61820 C Federal Reserve Notes, current 2918 Rolland Walt, 7714 W. Vernor Hwy., Detroit, Mich, 48209 C 2919 Burton D. Goldman, 1201 Linn St., Cincinnati, Ohio C 45203 2920 George F. Ross, 5300 Hamilton Ave., Cincinnati, Ohio 45224 C U. S. National Currency; Canadian 2921 Alwyn Cole, 2730 Blaine Dr., Chevy Chase, Md. C 20015 2922 Frederick Ruffner, P. 0. Box 5156, Grosse Pointe C Farms, Mich. 48236 2923 Edward J. Stralko, 1156 Grandview Rd., Oil City, Pa. 16301 C Pennsylvania—Nationals and scrip 2924 Col. Charles A. Wingo, USA, Ret., R 2, Box 109, Denison, Texas 75020 C, D U. S. 2925 John C. McLaughlin, P. 0. Box 276, Fayetteville, N. C. 28302 C, D 2926 E. D. Ebert, 34 Marcela Ave., San Francisco, Calif. C U. S. and foreign 94116 2927 Paul D. Lyons, 1316 Birdie St., Burlington, Iowa C Military Payment Certificates 52601 2928 Robert J. Schmidt, French Village, Mo. 63036 C Texas currency and scrip 2929 Joseph A. Salinger, 4190 W. Market St., York, Pa. C, D U. S. large-size notes; small-size National 17404 Currency 2930 Steven K. Whitfield, Rte. 1, Box 31, Lawrence, Kansas 66044 C U. S. small-size notes; Rhode Island Na- tional Bank Notes 2931 Dr. Gastone Soliner, Lagernstrasse 21, 8037 Zurich, Switzerland C Military currency WW II Italy and France; world currencies 2932 William M. Hill, 805 North 1st St., Grand Junction, Colo. 81501 C 2933 Karen Fitzgerald, 731 Miner Road, Orinda, Calif. C Error notes 94563 2934 Robert L. Davis III, 402 Boston Building, Denver, Colo. 80202 C U. S. type notes—$1, $2, $5 2935 Michael R. Fried, P. 0. Box 12217, Oakland, Calif. C, D Checks and emergency monies 94604 2936 David Keable, 37 Godstone Rd., Purley, Surrey, England C, D British; Colonial; Confederate; islands WHOLE NO. 37 Paper Money PAGE 27 2937 Robert T. McCarthy, 72 Old Army Rd., Bernards- ville, N. J. 07924 2938 Leonard M. White, 116 Montclair Rd., Boston, Mass. 02131 2939 Barry C. Dacks, 2541 S.W. 24th Ave., Miami, Fla. 33133 2940 Arthur J. Lester, 13 Home Ave., Binghamton, N. Y. 13903 2941 Richard J. Boutall, 216 - C Walnut St., Metairie, La. 70005 2942 John N. Roth, 2431 Westcreek #65, Houston, Texas 77027 2943 Le Roy A. Church, Jr., 1159 Washington St., Cape May, N. J. 08204 2944 Richard E. Dickerson, Dept. of Chemistry, Calif. Inst. of Technology, Pasadena, Calif. 91109 2945 Charles E. Blanford, 2105 Canal St., Port Arthur, Texas 77640 2946 Samuel D'Agostino, 96 Watson Dr., Dover, N. J. 07801 2947 Dr. George M. J. Slusarczuk, 1555 Regent St., Schenectady, N. Y. 12309 2948 Nate Smith, 612 Essex St., Bangor, Maine 04401 2949 Carlton G. Whitehead, Route 1, Box 29, Rocky Mount, N. C. 27801 2950 William R. Higgins, Jr., Box 64, Okoboji, Iowa 51355 2951 Vincent T. Rocha, Jr., Box 269, Ft. Gulick, Canal Zone, Panama 2952 Robert J. Floyd, 529 21st St., Apt. J, Richmond, Calif. 94801 2953 Bob Cadwalader, P. 0. Box 12, Belmont, Calif. 94002 2954 J. B. Desai, P. 0. Box 222, Shantinath St., Ghee- kanta Road, Ahmedabad-1 (India) 2955 G. E. Renegar, 419 Glenrock Rd., Norfolk, Va. 23502 2956 Mary T. Terman, 18 Leonard Ave., Tenafly, N. J. 07670 2957 Robert C. Bills, 6535 Langdon Ave., Van Nuys, Calif. 91406 2958 Fred S. Werner, 2566 Howard Rd., North Bellmore, N. Y. 11710 2959 Elwood W. O'Hara, 402 Wentworth Dr., Cedar- meade, Winchester, Va. 22601 2960 Canfield F. Smith, 205 North Chestnut St., Platte- ville, Wis. 53818 2961 Andrew Metropolis, 31 Paul Ave., Peabody, Mass. 01960 2962 David D. Cameron, P. 0. Box 131, Tobyhanna, Pa. 18466 2963 Harry M. Eisenhauer, P. 0. Box 84, Oromocto, New Brunswick, Canada 2964 William B. Sonnenberg, 181 Madonna Dr., Ft. Myers, Fla. 33905 2965 H. S. "Monte" Sherwin, P. 0. Box 407, Black River Falls, Wis. 54615 2966 Bernie N. Caviness, 1418 Walnut St., Greensboro, N. C. 27405 2967 David A. Prentice, 6905 Shoreham, Kalamazoo, Mich. 49002 2968 Robert B. Fraser, 420 Highmarket St., Georgetown, S. C. 29440 2969 Dennis L. Huff, 1824 Benham Ave., Elkhart, Ind. 46514 2970 Ellen B. Sheehan, 19 Samoset Rd., Rockland, Maine 04841 C U. S. large and small-size notes; Fraction- al; Confederate; Colonial; broken bank notes; notes of southern states C U. S. C, D Cuba; Dominican Rep.; Haiti; Puerto Rico; Latin America; Bonds and checks C Obsolete notes of northern and northeastern states mostly C Broken bank notes and state issues of Loui- siana; Confederate; foreign C U. S. large-size notes $1-$20 C National Currency of New Jersey C German, especially inflation notes C U. S. small-size notes $1, $5, $10 C Colonial and obsolete notes of N. J.; U. S. large and small-size notes C Eastern European countries C Notes of Maine C National Bank Notes of North Carolina C National Bank Notes C C General C, D U. S. large-size notes; fractional currency D Notes of India C Colonial and Confederate C U. S. small-size notes C U. S. large and small-size notes—Silver Certificates & Legal Tender D World paper money C Large-size notes—U. S. C Russian-Soviet, Asia; all notes of historical interest C Broken bank notes; Confederate C U. S. blocks and low serial numbers C Canada C U. S. small-size notes—National Bank Notes C Misprint & unusual serial numbered small- size dollar bills C Currency of North Carolina and Confed- erate C U. S. fractional currency and small-size notes C South Carolina bank notes C U. S. small-size notes C Obsolete bank notes of Maine Reinstatements 107 W. H. (Bill) Mason, Oriental, N. C. 28571 2486 Michael R. Humphrey, P. 0. Box 189, Chestnut Hill, 1300 Jasper D. Payne, 302 A St., Lenoir City, Tenn. Mass. 02167 37771 Deceased 95 I. T. Kopicki 20 Julian S. Marks 496 C. R. Ross PAGE 28 Paper Money WHOLE NO. 37 Corrections to Membership Directory 1970 1616 C Harold F. Daum, M.D.—change address to 55 C/D Sidney W. Smith—change classification from Sedalia, Mo. C/D to C Dues Reminder If your 1971 dues are not yet paid, please send your check for $4.00 immediately to our treasurer. M. 0. Warns. P. 0. Box 1840. Milwaukee. Wis. 53201. Vernon L. Brown. Secretary. MONEY MAUT 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 May 10, 1971. World 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. 10% discount for four or more insertions of the same copy. Sample ad and word count: WANTED: CONFEDERATE FACSIMILES by Upham for cash or trade for FRN block letters, $1 SC, U. S. obsolete. John Q. Member, 000 Last St., New York, N.Y. 10015. (22 words; $1; SC; U. S.; FRN counted as one word each) 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: 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: SERIAL NUMBERS, small one in crisp con- dition. 00000073, 00000089, 29292929, 54545454, 75757575, 73073073, 75075075. H. H. Thomas, 1631 Williams Way, Norristown, Pa. 19401 WANTED: MAINE NATIONAL Bank notes before 1929; Maine obsolete bank notes. Buy and trade. Donald Priest, 41 Main, Fairfield, Maine 04937 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 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 WANTED: NATIONAL BANK Notes of Nashville, Tenn.; Smyrna, Tenn.; and Pittsfield, Ill. Price and des- scribe. Charles Dean, Box 2262, Nashville, Tenn. 37214 CUBA, HAITI, DOMINICAN Republic, currency, checks, bonds, etc., bought, sold, traded. Other Latin American also wanted. B. C. Dacks, P. 0. Box 16391, Jacksonville, Fla. 32216 WANTED: CANADA, NEWFOUNDLAND paper money. Also duplicates for sale. Fred L. Buza, P. 0. Box 301, Plover, Wis. 54467 SEND 50 DIFFERENT foreign bills and receive 50 of my duplicates. No damaged or Notgeld. J. W. Tatum, 833 Burke St., Winston Salem, N. C. 27101 WANTED: SMALL SIZE N. B. note Charter 888 of New- port, N. H. M. 0. Warns, Box 1840, Milwaukee, Wis. 53201 MORRISTOWN, NEW JERSEY, or Morris County. Want notes, bills or other memorabilia. Especially Morris Canal & Banking Co. Jerome E. Salny, 18 North Star Drive, Morristown, N. J. 07960 WANTED: NATIONAL BANK Notes, large or small, on First Nat. Bank of Canonsburg, Pa., charter nos. 4570 and 13813. Paul Popovich, 416 Highland, Canonsburg, Pa. 15317 FOREIGN AND U. S. Notes before 1900 wanted. Also for sale. Kingsley Falkenberg, Box 897, G.P.O., New York, N. Y. 10001 WANTED: SOUTH CAROLINA colonial, obsolete and National Bank Notes. Top prices for S. C. proofs. Austin M. Sheheen, Jr., P. 0. Box 428, Camden, S. C. 29020 WANTED: ILLINOIS OBSOLETE bank notes. Collector interested in all notes. Describe, including condition and price or forward insured for fair offer. Seeking Davis' monography "Early Illinois Bank Notes" reprinted from Numismatic Scrapbook. James J. Conway, M.D., Chil- dren's Memorial Hospital, 2300 Children's Plaza, Chicago, Ill. 60614 WANTED: TRANSPORTATION COMPANY notes is- sued in 19th century; propaganda currency; advertising notes; counterfeit or altered notes; National Bank Notes issued by banks in Hampton, Phoebus, Newport News, Popuoson or Yorktown, Virginia. Donald Roberts, P. 0. Box 162, Hampton, Va. 23369 WHOLE NO. 37 Paper Money PAGE 29 WANTED: BANK OF the U. S. material. Economics teacher would like to buy notes, drafts, checks, etc. Robert E. Tansky, St. Clair Community College, Port Huron, Mich. 48060 NEED OBSOLETE NOTES 8c, 16c, $12, $13, $14 for my denominational collection, no Colonials. If you have, or know, where any of above may be available, please write, I'll answer and send you list of different denominations in my collection. Paul S. Seitz, Glen Rock, Pa. 17327 WANTED: ONE CANADA 1935 $2, Charlton No. 137, English text, fine condition. Send price only. James R. Hanna, Box 118, USL, Lafayette, La. 70501 WILL TRADE COINS and medals for uncut sheets of checks, sheets of obsolete bills and proof notes. Frank Sprinkle, Box 864, Bluefield, W. Va. 24701 WANTED: ALL ILLINOIS National Bank Notes. Kuester's Coins, Currency, Combination Safes, 136 N. Harrison St., Centralia, Ill. 62801 FOR SALE: RARE Mississippi C-15, unlisted with water- mark, unc., $62.50; Rare Arkansas C-48 sheet of two, June 1, 1863, unc., $42.50. Unused sheet of three Missis- sippi warrants with coat of arms, genuine signature of Gov. Lee Russell, size 9 1/2 x 11 1/2", unc., circa 1920, $4.00; single, $1.25. John C. Coleman, 1231 Quinn St., Jackson, Miss. 39202 NEBRASKA OBSOLETE BOOK: I have less than 70 copies of the 64-page hardbound reference on Nebraska obsolete notes before 1900. There are many photographs, a rarity guide, brief histories of nearly all issuers, a list of printers and known sheets as well as a description of each known note. The 250 first printing will not be re- printed. Price is $6.75 each postpaid. I am also interest- ed in Nebraska notes for my personal collection. James L. McKee, 3425 Otoe, Lincoln, NE 68506 BUY-SELL-TRADE $1 FRN singles, sets, block sets, quantities. Give price. No offers made. J. R. Coker, Mitchellsville, Tenn. 37119 REVENUE STAMPED PAPER (Scott's RN) wanted. I need checks, receipts, bonds, stock certificates and insur- ance policies bearing printed USIR stamps (not adhesive stamps). Please advise items available for sale, or trade for same. Samuel S. Smith, 407 Lincoln Road p9-A, Miami Beach, Fla. 33139 WANTED: OBSOLETE INDIANA numismatica. In- cludes territorial, state and private bank paper, Civil War sutlers, merchant and political tokens, and Fair Board medals. Have some paper for trades. Francis C. Keith, 60 S. Jenny Lane, Indianapolis, Ind. 46201 MY MARDI GRAS medals offered in trade for your ob- solete and CSA currency. List what you have to trade. Helen H. Williamson, 628 Belleville Ave., Brewton, Ala. 36426 WANTED: $10 BANK of Italy charter 13044 small size note and $5 Ty-2 Bank of America charter 13044. M. 0. Warns, Box 1840, Milwaukee, Wis. 53201 WANTED: WISCONSIN NATIONAL Bank Notes, large or small. Write M. 0. Warns, Box 1840, Milwaukee, Wis. 53201 WANTED: CONFEDERATE NOTE. I need a T11 $5, "Liberty, '5' and Eagle" in fine or better condition. I have many CSA and Southern States duplicates for trade. Ralph E. Plumb, 414 Live Oak Lane, Dunedin, Fla. 33528 SEND ME YOUR Military Currency that dealers refuse to buy. Will buy or trade. Wanted for my collection and will buy in any condition MPC Series 521 $10 and Series 541 $5. Clark Hutchason, 4145 Lincoln Way, San Francisco, Ca. 94122 Viet Cong Liberation Notes A July 25, 1970 dispatch from the Chief of the Chicago Tribune's Tokyo Bureau tells of a little known incident of the Viet Nam war that has numismatic overtones. Samuel Jameson wrote that South Vietnamese troops who raided Communist sanctuaries in Cambodia found caches of currency in the "Parrot's Beak" region that were in- tended for use in a "liberated" South Viet Nam. Bearing the title "Central Committee, South Viet Nam Liberation Front," this paper money was printed in China and shipped to the Cambodian sanctuaries shortly before the Communist attacks on major cities during the Tet New Year offensive of January-February 1968. The South Vietnamese 25th Infantry Division. head- quartered at Duc Hoa, found 23 boxes of 10 and 20 dong notes 13 miles west of Svay Rieng city on June 10. Al- though no one bothered to count how much money was found, the cache weighed 460 pounds. The discovery of the money added weight to earlier intelligence reports that the North Vietnamese and the Viet Cong expected to win a complete victory in the war with their 1968 Tet attacks. The South Vietnamese have distributed the notes as souvenirs. Undoubtedly these will show up in the numis- matic market place. New MPC's Still another series of Military Payment Certificates was issued in Viet Nam on Oct. 7, 1970, for use by U. S. military personnel and other authorized persons. This new series 692 appears in 5c, 10c, 25c, 50c, and $1, $5, $10 and $20 denominations, all multicolored, with the $20 sporting a combination of blue, purple, red and gold on the face and blue and purple on the back. All were printed at the Bureau of Engraving and Printing to replace the old series 681 introduced Aug. 11, 1969. MPCs have been used since Sept. 17, 1946, as the sole medium of exchange at many overseas bases as a method of curbing black market activities of local popu- lations. In the latest instance, the new conversion was followed two days later by a South Vietnamese de- valuation of the dong (piastre). Notable among the new designs are Indian and con- temporary female motifs. The head-dressed Indian on the $10 is reminiscent of the famous "Onepapa" on the five-dollar silver certificate. The series date on the face of a Federal Reserve Note signifies the year in which the design of the note was adopted. The series does not change each calendar year: it changes only when the basic design has a major re- vision. The capital letter following the series year indi- cates that a minor change was authorized in a particular series. Minor revisions usually occur when a new Sec- retary of the Treasury or Treasurer of the United States is appointed, and a corresponding change is made in the signature of one or both of these officials. PROOF NOTES GENERALLY UNIQUE EXCESSIVELY RARE BEAUTIFUL NOTES I am breaking up my personal collection to specialize in Florida and New Hampshire material; will swap if desired. WARREN HENDERSON, P. 0. Box 1358, VENICE, FLA. 33595 (During April and May write SENATOR WARREN HENDERSON, The Capitol, Tallahassee, Fla. 32302.) $1 Pahquique Bank, Danbury, Conn. $ 50.00 5 Same 50.00 5 Farmers & Mechanics Bank, Hartford, left end cut off 15.00 10 Same 40.00 50 Thames Bank, Norwich, beautiful red note 90.00 1 Bank of Smyrna, Delaware, green "one" 80.00 250 Farmers & Merchants Bank, Washington, D.C., impaired .... 20.00 5 Alton Bank, Alton, Illinois, red "five", small tear 75.00 2 Stock Security Bank, Danville 45.00 1 Shawanese Bank, Elizabethtown, beautiful green note 90.00 2 Same 90.00 5 Bank of Cairo at Kaskaskia 60.00 1 Bank of Ottawa, cr. tear 55.00 3 Bank of Quincy 70.00 1 State Stock Bank, St. Johns 70.00 10 Prairie State Bank, Washington 75.00 5 State Bank of Indiana, Indianapolis, two bd. ers. 5 Northern Indiana Bank, Logansport, low left end cut off 20.00 1 Bank of Ashland, Kentucky, beautiful green note 85.00 1 Peoples Bank of Ky., Bowling Green 50.00 10 Same, green 90.00 50 Same, red, a beauty 90.00 5 Northern Bank of Ky., Lexington 50.00 10 Same 50.00 1 Bank of Kentucky, Newport, sm. cr. off 40.00 20 Same (great Jefferson portrait) 60.00 5 Southern Bank of Ky., Russellville, red "five" 70.00 10 Same, beautiful full red ovpt. 90.00 20 Same 50.00 10 Commercial & Farmers Bank, Baltimore, Md., red 90.00 50 Atlantic Bank, Boston, Mass., damage at sigs. 50.00 1 Blackstone Bank, Haymarket Square scene, red "one" 70.00 5 Bank of Commerce, spread eagle, torn from backing 30.00 20 Same, capitol bldg., repairs 35.00 1000 Same, tear 150.00 1 Grocers Bank, Mass. state arms 50.00 2 Same, rare J. Q. Adams portrait 70.00 3 Same, eagle 50.00 5 Same, repairs 30.00 20 Manufacturers & Mechanics Bank, Reed (early) 50.00 10 Merchants Bank, Mass. state capitol 45.00 5 Oriental Bank, standing Washington 50.00 1 Bank of the Republic, red 80.00 5 Same, U. S. Capitol, red 80.00 20 State Bank 50.00 5 Suffolk Bank 75.00 10 Same 75.00 1 Tremont Bank, tear 45.00 2 Same 55.00 10 Union Bank, Reed (early) 50.00 20 Same, Reed (early) 50.00 1 Village Bank, Danvers, u. 1. cr. off 30.00 2 Same, wrinkled cr., dam. 40.00 3 Same 50.00 5 Same 50.00 5 Spicket Falls Bank, Methuen, red "five" 65.00 10 Same, red "ten" 75.00 20 Same, red "XX" 75.00 3 Milford Bank, sm. matching counter with 3 cherubs 80.00 5 Bedford Comm'l. Bank, New Bedford, early note 50.00 10 Same, early note 50.00 3 Farmers & Mechanics Bank, South Adams 50.00 1 Pynchon Bank, Springfield 50.00 2 Same 50.00 2 Housatonic Bank, Stockbridge 50.00 10 Same 50.00 1 Bristol County Bank, Taunton 50.00 3 Same 50.00 2 Bank of Red Wing, Minnesota 90.00 1 Stearns County Bank, St. Cloud 90.00 2 Bank of The State of Minn., St. Paul, red 150.00 3 Same, red 150.00 1 Winona County Bank, Winona 90.00 2 Same 90.00 3 Same 90.00 1 Mechanics Bank at Newark, N. J. 50.00 5 Stark County Bank, Canton, Ohio. lazy red r, imp. 25.00 1 Pickway County Bank, Circleville, imp. 30.00 $3 Same, imp. $ 30.00 10 Same, imp. 30.00 10 Bank of Commerce, Cleveland, lazy X, imp. 30.00 3 Forest City Bank, Cleveland, imp. 40.00 5 Same 35.00 10 Same 35.00 5 Bank of Marion, imp. 35.00 l Merchants Bank, Massillon, lazy red 1, imp. 35.00 10 Bank of Sandusky, imp. 40.00 1 Western Reserve Bank, Warren, left end dam., early 40.00 3 German Bank of Wooster, early, trimmed too close 50.00 10 Same, early, u. 1. cr. off 40.00 20 Same, early, 1. end dam. 30.00 20 Bank of Germantown, Penn. 50.00 5 Bank of Commerce, Philadelphia 50.00 5 Commonwealth Bank, red and green note 95.00 20 Kensington Bank 50.00 1 Kensington Savings Institute 50.00 5 Pennsylvania Savings Bank 70.00 5 Philadelphia Bank 50.00 1 City of Pittsburgh, Penn., Pat Lyon at the forge 50.00 20 Anthracite Bank, Tamaqua, red "XX" 75.00 5 Tioga County Bank, Tioga, orange 85.00 10 Same, orange 85.00 5 North Western Bank, Warren 90.00 2 Richmond Bank, Alton, Rhode Island 50.00 1 Bank of Bristol, cr. at sigs. 35.00 3 Same, cr. at sigs. 35.00 2 Eagle Bank, Bristol 60.00 2 Pocasset Bank, Fall River 30.00 2 Exchange Bank, Greenville 45.00 5 Same 50.00 1.25 Smithfield Exchange Bank, Greenville, damaged, 2 crs. off 30.00 50 Newport Exchange Bank, Newport 45.00 1 North Providence Bank 70.00 1 Peoples Bank, N. Prov. 50.00 1 Hamilton Bank, North Scituate 50.00 10 Same 50.00 5 Exchange Bank, Providence, very early 50.00 1 Merchants Bank in Providence 50.00 1 Merchants Bank in Providence 50.00 1 National Bank in Providence 50.00 1 Same 50.00 1 Same, red 90.00 2 Same 50.00 2 Same, lower I. vig. missing 50.00 5 National Bank 50.00 1 Pawtuxet Bank, Pawtuxet 50.00 50 Phenix Bank of Providence, sm. tear 70.00 2 Bank of the Republic, Providence 50.00 1 State Bank, Providence 50.00 5 Union Bank, Providence 50.00 20 Westminster Bank, Providence, part. red lathe 65.00 1 Weybosset Bank, Providence 50.00 2 Tiverton Bank 50.00 1 Phenix Bank, Westerly 50.00 10 North Kingston Bank, Wickford (proof but with proof reverse also, only one I've had) 150.00 5 Merchants Bank, Burlington, Vermont 50.00 100 Bank of Middlebury 70.00 1 Bank of Montpelier, glued to paper 45.00 5 Same, glued to paper 25.00 2 State Bank, red note 30.00 1 Bank of Poultney, green 80.00 2 Same 50.00 3 Bank of St. Albans, glued 30.00 1 Franklin County Bank, St. Albans Bay, red "one" 65.00 2 Same, glued 35.00 2 Rockwell & Co.'s Bank, Elk Horn, Wisconsin, red lathe "two" Lyman's Protection 180.00 5 Bank of Watertown, imp. 50.00 All notes guaranteed and returnable. Consignments to collectors known to me. I have about a dozen vignette sample sheets; anyone interested? Also, a collection of over 400 different Georgia notes for $975. MAIL BID SALE Spirit of 1976-1776 These here little bitty ole pieces of paper are frum the diffurent colonies when they were afighting the British. These is purty nice but down here in Texas iffen they dont got TEXAS printed or writted on em, they dont mean much. Bid whatever you wanta, theys purty nice even if some of em is from Yankeeland. I'll guarantee them to be OK and as I said. If not, I'll smile thru gritted teeth but still give yore money back. Fair nuff?? (P.S. prices shown are highest ones I could find, so dont bid above em unless you really wanta be a buyer) CONNECTICUT 5 Sh, Oct 10, 1771, VF, broken across middle and mended $ 27.50 2. 20 Sh, Jan 2, 1775, XF slash cant at center 25.00 3. 3 Sh, June 7, 1776, Fine, Slash Canc 7.00 4. 6d, June 19, 1776, VF 8.50 5. 1 Sh, 6d, June 19, 1776, Fine 9.00 6. 4d, Oct 11, 1777, Crisp, cc, blue 25.00 7. 7d, Oct 11, 1777, VF 15.00 8. 9d, June 1, 1780, XF 17.50 9. 2 Sh, 6d, July 1, 1780, Crisp Unc 30.00 DELAWARE 10. 20 Sh, March 1, 1758, VG, Printed by Benj Franklin I 1. 20 Sh, June 1, 1759, Fine, Printed by Benj Franklin 65.00 12. 5 Sh, Jan 1, 1776, XF 25.00 13. 3d, May 1, 1777, Fine 15.00 MARYLAND 14. $8, March 1, 1770, VF mended 25.00 15. $ 1/3, April 10, 1774, VG 10.00 16. $1, April 10, 1774, Fine 10.00 17. $4, April 10, 1774, XF 20.00 18. $8, April 10, 1774, XF 25.00 19. $21/2, Dec 7, 1775, VG 10.00 20. $21/2, Aug 14, 1776, Fine 20.00 MASSACHUSETTS 21. 2 Sh 8d, Dec 7, 1775, Engr by Paul Revere. This is purty rare, they tell me. VG, stitched & re- paired, looks like my grandma's work 175.00 22. 2 Sh, Oct 16, 1778, Fine, scarce 86.50 23. $2, May 5, 1780, VF 20.00 24. $3, May 5, 1780, XF, coc 15.00 25. $7, May 5, 1780, XF, coc 15.00 26. State Lottery Ticket, 2nd class, Mar 2, 1790 crisp 15.00 NEW JERSEY 27. 30 Sh, May 1, 1758, Fine but mended 25.00 28. 66, April 10, 1759, Fine repaired 60.00 29. 30 Sh, April 12, 1760, Fine repaired 35.00 30. 12 Sh, Dec 31, 1763, Good 10.00 31. 15 Sh, April 16, 1764, VG, mended 20.00 32. 6E, April 16, 1764, VF, mended 75.00 33. 18d, March 25, 1776, Crisp Unc 30.00 NEW YORK 34. 5E, April 21, 1760, Fine, mended 60.00 35. 10 Sh, Feb 16, 1771, Fine 25.00 36. 5E, Feb 16, 1771, Fine 25.00 37. $3, Sept 2, 1775, VG 25.00 38. $ 1/4, March 5, 1776, Fine 25.00 39. $1, March 5, 1776, VF 35.00 40. $1/4, Aug 13, 1776, Fine 25.00 NEW YORK WATER WORKS 41. 4 Sh, Aug 2, 1775, XF 35.00 42. 2 Sh, Jan 6, 1776, XF 30.00 43. 8 Sh, Jan 6, 1776, Crisp Unc 40.00 NORTH CAROLINA HELLO CUZZINS 44. 3 Sh, April 23, 1761, VG, faded sign 100.00 45. $40, Aug 8, 1778, Fine 40.00 RHODE ISLAND 59. $1, July 2, 1780, Crisp Unc 15.00 60. $4, July 2, 1780, VF 10.00 61. $20, July 2, 1780, Crisp 22.00 62. 6d, May 1786, XF 25.00 63. 1 Sh, May 1786, Crisp Unc 30.00 64. 3 Sh, May 1786, Crisp Unc 30.00 65. 10 Sh, May 1786, Crisp Unc 30.00 66. 30 Sh, May 1786, Crisp Unc 30.00 67. 3E, May 1786, Crisp Unc 30.00 SOUTH CAROLINA 68. 15E, March 6, 1776, VF Rare 150.00 69. $8, Oct 19, 1776, XF 200.00 70. $5, Dec 23, 1776, VF 75.00 VIRGINIA 71. $80, July 14, 1780, VF 85.00 72. $100, July 14, 1780, XF 125.00 73. $100, Oct 16, 1780, VF 65.00 OK, Cuzzins, thats nuff. Got summore for next time. Lets see iffen youall can buy me outa these first. (ROB Jtedak COINS AND CURRENCY Phone (806) 747-3456 Member ANA, TNA, SPMC, 1969 US Assay Commission 4114 AVENUE Q, LUBBOCK, TEXAS 79412 PENNSYLVANIA 46. 20 Sh, May 1, 1760, VF, Prtd by Benj Franklin. Too bad he was born 100 years too soon, he woulda made a purty good Texan 47. 8 Sh, March 1, 1769, Fine (scarce as hen's teeth) 150.00 48. 10 Sh, March 20, 1771, XF 50.00 49. 1 Sh, April 3, 1772, XF 55.00 50. 18d, April 3, 1772, VG 15.00 51. 4 Sh, March 20, 1773, VF 40.00 52. 10 Sh, Oct 1, 1773, Crisp Unc 35.00 53. 20 Sh, July 20, 1775, Fine 12.50 54. 18d, Oct 25, 1775, Crisp Unc 35.00 55. 10 Sh, Oct 25, 1775, Crisp Unc 45.00 56. 40 Sh, Dec 8, 1775, VF 13.00 57. 9d, April 10, 1777, PI C, VF 13.00 50.00 58. 1 Sh 6d, March 16, 1785, VF 100.00 FRED SWEENEY RARE COINS, INC. P. 0. BOX 10144 KANSAS CITY, MO. 64111 This is our second listing of U. S. paper money, especially National Bank Notes. We hope that this offering will be as well accepted as our first. There are several very interesting notes being offered, so check the list closely and don't hesitate to order. We would hate to be sold out. We are very interested in buying National Bank Notes and would appreciate any lists of notes for sale. Happy Hunting! gred LEGAL TENDER NOTES Iowa Friedberg # 624. First Nat. of Dubuque #317 F 23.50 18. Unc. $ 95.0(1 Kansas 19. AU 105.00 1801-2. First Nat. of Gaylord No. 1 note #6970 VF 62.50 88. Unc. 26.50 26. CU 59.00 122. VF 45.00 136. F 69.50 SILVER CERTIFICATES 217. VG 223. VF/XF 225. F 237. CU 245. F/VF 247. XF 258. VG 268. F 1605. F 1605. VF TREASURY NOTES 350. F 22.5)1 Kentucky 1801-1. Ashland Nat. of Ashland #2010 F 22.50 497. Phoenix Nat. of Lexington #3942 F 52.50 628. First Nat. of Jenkins #10062 F 29.50 Louisiana 1801-1. Whitney Nat. of New Orleans #3069 F 21.50 19.50 Maine 43.50 20.5(1 1801-1. First Nat. of Biddeford #1089 F 22.50 19.50 Massachusetts 95.00 401. Powow River Nat. Bank of Salisbury #1049 F 79.50 149.00 401. Fitchburg Nat. of Fitchburg #1077 VF 95.00 10.00 1801-1. Atlantic Nat. of Boston #643 VF 17.50 135.00 85.00 77.50 Minnesota 399. Union Nat. Bank of Rochester #2088 VF 175.00 617. Merchants Nat. of St. Paul #2020 VF 21.00 Nebraska 621. Norfolk Nat. of Norfolk #3347 VF 87.50 616. First Nat. of Lincoln #1798 VG 18.50 New Hampshire 12.50 1802-1. Nat. State Capital Bank of Concord #758 VF 37.50 35.00 1801-2. Manchester Nat. of Manchester #1059 VF 32.50 12.00 1801-1. Farmers and Traders Nat. of Colebrook #5183 F 33.50 12.00 New Jersey 626. Paterson Nat. of Paterson #4072 VF/XF 23.50 95.00 New York 624. Nat. Park Bank #891 VG 15.00 621. Chemical Nat. of New York #1499 VF 43.50 1801-1. First Nat. Bank of Falconer #5407 Unc. 22.509.00 1801-2. Ticonderoga Nat. of Ticonderoga #9900 F 21.5019.00 609. Liberty Nat. of New York #12352 VF 14.508.00 7.00 Ohio 6.00 650. First Nat. of Toledo #91 F/VF 31.50 4.50 501. Merchants Nat. of Cincinnati #844 VF 69.50 4.00 574. Commercial Nat. of Columbus #2605 F 67.50 20.00 1801-1. First Nat. of Newcomerstown #5262 XF 24.50 3.50 621. First Nat. of Elmore #5770 Serial No. 2 AU 95.00 7.00 1801-1. Union Nat. of Fostoria #9192 VF 22.50 2.00 Oregon 1801-2. First Nat. Bank of Southern Oregon at Grants #4168 VF 35.00 Pennsylvania 39.50 613. Third Nat. of Philadelphia #234 F 22.50 52.50 487. Marine Nat. of Pittsburgh #2237 Unc. 85.00 43.50 1800-2. First Nat. of Charleroi #14123 VF 16.00 Rhode Island 195.00 650. Merchants Nat. of Providence #1131 AU 65.00 1801-2. Providence Nat. of Providence #1302 AU 26.50 1801-2. Blackstone Canal Nat. of Providence #1328 XF 29.50 Texas 1800-2. First Nat. Bank in Dallas #3623 F 12.50 1801-1. Fort Worth Nat. Bank #3131 F 17.50 Utah 1800-1. Deseret Nat. of Salt Lake City #2059 F 24.50 1801-1. Deseret Nat. of Salt Lake City #2059 F 37.50 1801-1. First Nat. of Logan #4670 F 37.50 FEDERAL RESERVE BANK NOTES 710. VG 717. CU 727. VF 746. F GOLD CERTIFICATES 1187. $20 note, cat. $225, ours Unc. FRACTIONAL CURRENCY 1242. AU 1254. SP UNC. 1254. SP Reverse Unc., small hole 1264. AU 1265. Unc. 1265. VF 1267. AG 1269. XF 1309. VF Unc. 1381. AG NATIONAL BANK NOTES Alabama 1802-1. First Nat. of Birmingham #3185 VF 1801-1. First Nat. of Gadsden #3663 F 1802-2. First Nat. of Dothan #5249 CU 1802-1. First Nat. of Linden #7148 F Pass 32.50 Arizona 602. Yuma Nat. of Yuma #9608 VF Arkansas 1802-1. First Nat. of Fayetteville #7346 F 38.50 California 1801-1. First Nat. of Santa. Ana #3520 F 24.50 651. First Nat. of Orange #8181 F 34.50 1801-1. California Nat. of Sacramento #8504 CU 34.50 627. Mercantile Nat. of San Francisco #9683 VG 18.50 Colorado 1802-1. First Nat. of Denver #1016 AU 33.50 Connecticut 380. Windham County Nat. of Brooklyn #1360 F 52.5)1 622. Hurlbut Nat. of Winstead #1494 F 44.50 District of Columbia 651. Nat. Metropolitan of Washington #1069 F 33.50 1802-2. Columbia Nat. of Washington #3625 Unc. 45.00 A rare set of $10-$20-$50 Type 1. 1929 Series, Utah State Nat. Bank of Salt Lake City, Utah, Ch. #434I, Serial No. 2. This is the only known type 1 $50 small size note in this rare state! All are crisp uncirculated. Call collect for these rare notes only $345.00 Vermont 1801-1. Caledonia Nat. Bank of Danville #1576 XF 28.50 Virginia 606. First. Nat. of Abingdon #5150 VG 15.00 29.50 545. Jefferson Nat. of Charlottesville #6005 F 75.00 602. Central Nat. Bank of Richmond r 10080 VG 14.00 22.50 37.50 38.50602. Citizens Nat. Bank of Martinsburg #4811 Unc. West Virginia 65.00 Wisconsin 22.50 598. First Wis. Nat. Bank of Milwaukee #64 F 22.50 24.50 626. Citizens Nat. Bank of Green Bay #3884 VG 18.50 Florida 1801-2. Florida Nat. of Jacksonville #8321 F Georgia 1801-2. First Nat. of Lavonia #8470 VF 24.50 Illinois 614. First Nat. of Leland #7864 AU 624. The Peru Nat. of Peru #2951 F 668. Palmer Nat. of Danville #4731 F 1801-1. First Nat. of Libertyville #6514 VF/XF 624. First Nat. of Crescent City #6598 VG MAINE and NEW JERSEY OBSOLETE NOTES, CHECKS, DRAFTS AND CERTIFICATES OF DEPOSIT BEFORE 1890 WESTERN STATES CHECKS, DRAFTS AND CERTIFICATES OF DEPOSIT, BEFORE 1890 Especially—First National Bank , of Helena, L. M. Hershfield— Helena or Virginia City, Montana—Colorado National Bank, Den- ver—Rocky Mountain National Bank, Central City—Nevada or Colorado Mining Companies—Anything from Oregon, Washing- ton, Idaho, Wyoming, Arizona, New Mexico, Oklahoma and Indian Territories before 1900. 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 FOR SALE UNITED STATES PAPER MONEY $5 Fr. No. 534 Deseret National Bank, Salt Lake City, Utah Unc. choice $275.00 $5 Fr. No. 609 American National Bank of Denvar, Colorado Ex. F. 60.00 $5 Fr. No. 609 Albuquerque National Trust & Savings, Albuquerque, New Mex. V F Ex. F 80.00 $10 Fr. No. 626 Carbonate National Bank, Leadville, Colorado, V.F. 85.00 $20 Fr. S-1863 1st National Bank of Lima, Montana, nice F.-V.F. 125.00 $5 Don. #305-1 Greeley Union National Bank, Greeley, Colo. New 30.00 $2 Fr. No. 52 Legal Tender—Nice Ex. F. 50.00 $5 Fr. No. 64 Treasury Note V.F. Ex. F. 50.00 $2 Fr. No. 242 Silver Certificate Choice, V.F.—Ex. F. 85.00 $1 Don. 201-1 1928 Silver Certificate, New 8.00 $1 Don. 201-3 1928 B Silver Certificate, New 8.00 $5 Don. 205-5 1934 D Silver Certificate, AU 8.00 $5 Don. 205-8 1953 B Silver Certificate, New 8.00 $5 Don. 105-8 1953 U. S. Note, New 10.00 $10 Don. 510-35 1928 B. Fed. Res. note, New 20.00 WANTED NATIONAL BANK NOTES OF COLORADO WELLS FARGO ITEMS—Checks, paper, etc. Have duplicates to trade or sell. A.N.A. #50501 DICK BOWMAN S.P.M.C. #804 P. O. BOX 10063, DENVER, COLORADO 80210 COLONIALS LARGE SIZE STARS-FANCY NUMBERS LARGE SIZE STAR NOTES (Nos. refer to Friedberg catalog) F-36 CU Star note (the first $1 legal star) $100.00 F-58 CU Star note the second $2 legal star) 110.00 F-237 Star note, Choicest AU, just a hair from unc. 27.50 F-88 $5 Woodchopper CU serial No. 1199, very pretty 60.00 F-229 $1 Silver Eagle CU serial No. E99999998E 45.00 F-30 $1 Type VF $20, XF $27.50, CU 40.00 F-36 or F-39 $1 Type CU 21.50 F-52 $2 Bruce-Wyman CU 65.00 F-60 $2 Type XF $16, AU $20, CU 27.50 F-65 $5 Allison--New CU 90.0)) F-122 $10 Popular Bison F-VF 37.50 F-215 $1 Rosecrans-Jordan CU 105.00 F-238 $1 Type CU 19.00 F-352 $1 Treasury Note Bruce-Roberts CU 75.00 COLONIALS Conn. June 7, 1776 lsh Crisp Unc., A Gem! $ 32.50 Another as above, bright and crisp unc., not quite the match of the above 27.50 New Jersey Dec. 31, 1763 lsh Pl. C, Crisp Unc., unevenly trimmed at top. Sig. Johnson, R & J Smith 45.00 New Jersey Dec. 12, 1763 18d Pl. B, same signatures as above note, choice AU, would be unc. but for handling on one corner 35.00 June 8, 1780 $20. A strong extra fine 55.00 Penn. March 20, 1771 lOsh VF $22.50; 20sh XF 25.00 March 20, 1773 lOsh lighthouse note Fine 16.00 March 25, 1775 16sh, an even nicer lighthouse XF 40.00 April 10, 1775 50sh une., couple of pinhead spots 50.00 April 20, 1781 3d "New Bill" crisp AU, UR corner shows signs of handling, otherwise unc. 45.00 Rhode Island May 1786 5sh XF $13 40sh AU $15 3pd cut close AU 13.00 North Carolina Dec. 1771 5pd, VF with wide margins 55.00 May 15, 1779 $20 (Peace on Honourable Terms) VF 50.00 Virginia July 17, 1775 3pd Large size Ashby note Fine 100.00 REWARD-for small-size note collectors who read every ad. All of the following are CU $1 Silver Certificates. 1928-A Pair with matched serials K00000015A, S00000015A 45.00 1928-C Woods-Woodin Very Choice 250.00 1935-E James Bond Note, serial M00000007H 45.00 1935-E Can't afford a full sheet?? Try a brilliant UNCUT pair 60.00 DON C. KELLY BOX 525, TEANECK, N. J. 07666 enlarged & revised 1971 standard catalogue of CANADIAN COINS tokens and paper money 19th edition by J. E. Charlton This publication provides the most complete, up-to-date and authoritative coverage of Cana- da's money 1670 to date, based on over 22 years experience and research by the author, and the assistance of other highly qualified numismatists. Now for the first time all these fea- tures in one volume of 200 pages. 0 Realistic up-to-date values • Complete listing of the deci- mal coinage of Canada & New- foundland with mintage figures • Complete listing of all Breton tokens • The most complete listing of pattern, proof and essai coins of Canada, Newfoundland and Maritimes • Complete listing of all government issue paper money of Canada & New- foundland • Complete listing of all known Canadian & New- foundland bank notes, including broken and defunct banks. Values for five grades • Complete listing of all known mer- chants' scrip, card money, army bills, provincial treasury ancl municipal notes • Notes of all banks are listed in alphabetical order. Only clear, whole illustrations are used. The quickest reference and identification for all obsolete notes, redeemable & non-redeemable, and the numismatic value of each. • Recognized and popular coin varieties are listed & majority illustrated • Excellent photographs • Standard grading guide for coins and paper money • The most widely used reference book in its field. Printed and Published in Canada Stiff Paper Cover $2.50 Cloth Bound $3.95 CHARLTON PUBLICATIONS, BOX 2002 WEST PALMETTO PARK STA., BOCA RATON, FLA. 33432 1929 National Bank Notes $5.00 DENOMINATION. First NB & Tr., Lexington, Ky. CU 906 $31.50 Mountville NB, Mountville, Pa. AU 3808 20.50 Greeley Union NB, Greeley, Colo. CU 4437 39.50 FNB, Mansfield, Ark. T2 Fine 11195 34.50 FNB, Red Wing, Minn. F-VF 1487 27.50 Old FNB, Ft. Wayne, Ind. VG-F 3285 17.50 Hopedale NB, Hopedale, Ill. Fine 9398 24.50 Chalfont NB, Chalfont, Pa. VG 12582 16.50 $10.00 DENOMINATION. FNB, Mulberry Grove, Ill. VF 7379 34.50 FNB & Tr., Lexington, Ky. Fine 906 22.50 Wood Co. NB, Wisc. Rapids, Wisc. AU 4639 27.50 FNB, New Kensington, Pa. T2 Fine Plus 4913 23.50 FNB, Tampa, Florida F-VF 3497 31.50 Amer. NB, Nashville, Tenn. VG-F 3032 21.50 Anamosa NB, Anamosa, Iowa Fine 4696 26.50 F. Exec. NB, Roanoke, Va. T2 F-VF 2737 25.50 Cont. NB, Oakland, Calif. VF 9502 32.50 1st. Wisc. NB, Milwaukee, Wise. Fine 64 15.00 Liberty NB, Okla. City, Okla. VF 11230 22.50 FRB Note St. Louis-Brown Seal 1929 Fine 17.50 $20.00 DENOMINATION. Virginia NB, Norfolk, Va. XF 9885 34.50 Farmers NB, Knoxville, Ill. VG 3227 24.50 City NB, Dixon, Ill. Fine 3294 27.50 FNB, Atwood, Ill. Fine 6359 33.50 F. Wisc. NB, Milwaukee, Wisc. VF 64 27.50 Cent. NB, San Angelo, Tex. F-VF 10664 32.50 Union NB, Macomb, Ill. Fine 1872 35.50 LaGrande NB, LaGrande, Oregon VG-F 3655 46.50 FNB, Hanford, Calif. F-VF 5863 28.50 Old NB, Martinsburg, W. Va. Fine 6283 37.50 FNB, Gulfport, Miss. VG-F 6188 44.50 Batavian NB, La Crosse, Wisc. VF 7347 27.50 FNB, Gladstone, Mich. XF No. 99 10886 44.50 Commercial NB, Muskogee, Okla. VG-F 12890 35.50 FNB & Tr., Okla. City, Okla. F-VF 4862 27.50 ARTHUR R. HANNA 417 LAKESHORE DRIVE, HOT SPRINGS, ARKANSAS 71901 ANA - SPMC 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 0411;1 PAPER MONEY ALBUMS ORDER BLANK Sam Sloat, Inc. 136 Main Street Westport, Conn. 06880 19 Gentlemen: Please send the following units of Tom's Currency Album : — Binder ($4.95) $ $ $ $ $ — Unit 111A ($3.95) $ — Unit 111B ($3.95) $ — Unit 111C ($3.95) $ Total Enclosed $ — Unit 101 ($4.50) — Unit 102 ($4.50) — Unit 110 ($7.95) — Unit 111 ($3.95) Name Address City State Zip (Connecticut residents add 5% Sales Tax.) HARRY • Is Buying and Selling Error Currency Large and Small Size Notes. SEND AND PRICE IN FIRST LETTER. • Tom's Currency Album is designed for collectors of small-size paper money. It is the only album which permits your notes to be displayed in a logical, handsome and informative manner. Each note is pictured in a frame with descriptive data including series, signatures, quantity printed and issue dates. For collectors of blocks, errors, low and odd-numbered bills. Units No. 101 and No. 102 provide pages with basic headings and bill frames together with space under each bill for personal arrangement and description. NOW IN PREPARATION! Page Unit No. 111-D to house the Series of 1969-A $1.00 Federal Reserve set and Page Unit No. 120 to house the complete $2.00 United States Note set. Watch for release notice. DESCRIPTIVE LIST OF UNITS NOW AVAILABLE See Your Favorite Dealer—Or Order Direct from the Publisher HINDER—Tom's custom post binder designed to house the pages outlined. Each binder comes boxed and is assigned a serial number for easy identi- fication and protection. Capacity: Unlimited $4.95 UNIT #101—Blank Pages de- signed to house $1.00 Silver Certificates. Appropriate page titles and bill frames a r e printed, but blank space is pro- vided under each bill for letter- ing or identification. Capacity: 20 bills $4.50 UNIT #102—Blank Pages de- signed to house $1.00 Federal Reserve Notes. Appropriate page titles and bill frames a r e printed, but blank space is pro- vided under each bill for de- scriptive lettering or identifica- tion. Capacity: 20 bills $4.50 UNIT #110—Houses the complete $1.00 Silver Certificate series and the one $1.00 United States Note. Includes pages for the basic reverse designs ; titles and introductory sheets. Capacity: 37 bills $7.95 UNIT #111—Houses the $1.00 Federal Reserve Notes, Series of 1963. Title and introductory pages are also included. Capacity: 12 bills $3.95 UNIT #111-A—Houses the $1.00 Federal Reserve Notes, Series 1963-A. Capacity: 12 bills $3.95 UNIT #111-B—Houses the $1.00 Federal Reserve Notes, Series of 1963-B. Includes pages for regular and star issues. Capacity: 12 bills $3.95 UNIT #111-C—Houses the $1.00 Federal Reserve Notes, Series of 1969. Capacity: 12 bills $3.95 HARRY E. JONES P. 0. BOX 42043 CLEVELAND, OHIO 44142 PAPER 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, 1188, 1190, 1191, 1192, 1201, 1203, 1204, 1205. Also most Mass. Large Nationals, all Charter Periods. AMERICANA: Books, Documents, Checks, Letters, Notes, Maps, Certificates, Scrip, Autographs, etc. Inquiries invited. M. PERLM UTTER A.N.A., A.N.S., P.M.C.M. P. 0. BOX 48 WATERTOWN, MASS. 02172 (617) 332-6119 PUBLISHED BY c.Cam sit, 9ite. 136 MAIN STREET WESTPORT, CONN. 06880 U.S. LARGE SIZE CURRENCY Item Fr. No. 1 16 $1 CRISP UNC. GEM SERIAL NO. 444 $150.00 2 16 1 VERY FINE 50.00 3 18 1 VERY FINE 50.00 4 18 1 VERY FINE 50.00 5 27 1 CRISP UNC. 60.00 6 28 1 CRISP UNC. 35.00 7 31 1 CRISP UNC. SPOT ON BALD HEAD 190.00 8 34 1 CRISP UNC. 50.00 9 36 1 CRISP UNC. 20.00 10 36 1 CRISP UNC. 20.00 11 40 1 CRISP UNC. 55.00 12 40 1 CRISP UNC. 55.00 13 41 2 CRISP UNC. RUST SPOT ON EDGE 200.00 14 42 2 VERY FINE 150.00 15 60 2 CRISP UNC. GEM 30.00 16 60 2 ABOUT UNC. 20.00 17 215 1 CRISP UNC. GEM 110.00 18 218 1 ABOUT UNC. 75.00 19 218 1 VERY FINE 55.00 20 219 1 VERY FINE 75.00 21 223 1 CRISP UNC. GEM 80.00 22 223 1 VERY FINE 40.00 23 226 1 CRISP UNC. 40.00 24 227 1 CRISP UNC. 35.00 25 237 1 CRISP UNC. 20.00 26 238 1 CRISP UNC. 25.00 27 240 2 CRISP UNC. GEM SERIAL NO. B39 200.00 28 242 2 CRISP UNC. GEM 180.00 2_9 242 2 ABOUT UNC. 125.00 30 244 2 CRISP UNC. GEM 200.00 31 245 2 CRISP UNC. GEM SERIAL NO. E45 400.00 32 245 2 CRISP UNC. GEM SERIAL NO. E46 400.00 33 352 1 CRISP UNC. GEM 110.00 34 352 1 ABOUT UNC. 85.00 35 358 2 CRISP UNC. GEM 250.00 36 358 2 ABOUT UNC. 175.00 37 727 1 CRISP UNC 30.00 38 727 1 CRISP UNC. 30.00 39 750 2 CRISP UNC. 50.00 40 750 2 CRISP UNC. 50.00 41 1186 20 ABOUT UNC. 100.00 U.S. SMALL SIZE CURRENCY Don. No. 42 S1-28 1 1928 CRISP UNC . 10.00 43 S1-28C 1 1928C GOOD SLIGHT TEAR AT CENTER FOLD 45.00 44 U2-28 2 1928 CRISP UNC. 32.50 45 U2-28D 2 1928D CRISP UNC. 17.50 PERFECT GRADING-SATISFACTION GUARANTEED- ALL ORDERS POSTPAID OHIOANS ADD SALES TAX-5 DAY RETURN KEN ESPENSCHIED 237 WEST FRONT ST., DOVER, OHIO 44622PHONE (216) 343-0375 SPMC ANA WANTED FOR MY COLLECTION 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. II 1 II • 1111 1111 III 111.1 !III 1111 1111 1111 111-1 111 11. I II II. I= FOR SALE 1. U.S.A. LARGE AND SMALL SIZE CUR- RENCY. 2. U.S.A. LARGE AND SMALL SIZE NA- TIONAL CURRENCY. 3. COLONIAL CURRENCY AND DEPRES- SION SCRIP. 4. MICHIGAN BROKEN BANK NOTES AND UNCUT SHEETS. Send self-addressed stamped envelope for any of the above price lists. Will also BUY any of the above material. Write and de- scribe what you have to sell. Do not send material except upon my request. All in- quiries will be given immediate attention. ROBERT A. CONDO P. 0. BOX 304, DRAYTON PLAINS, MICHIGAN 48020 Member of: ANA, SPMC, CPMS, PMCM CSKS 2 U. S. PAPER MONEY Fr. 18: 1869 L.T. $1, Cr. Unc. THE VERY RARE VARIETY WITH- OUT THE BLUE TINTED PAPER; unlisted in Friedberg, and only briefly noted in Donlon. Tiny pin-point burn mark in center ; does not detract $99.00 Fr. 1174: 1882 $20 Gold Certificate; small brown seal ; EX. RARE. Strictly FINE: low Serial #A8193 $165.00 RARE AND UNUSUAL NATIONAL BANK NOTES F380 : Orig. Series 1st Ch. $1 ; Montpelier N.B., Montpelier, Vermont. BLUE FEDERAL SERIAL #444615 OVER #444625, the OVER- PRINT PLAINLY VISIBLE! To our knowledge, and that of other qualified researchers, this may be a unique item $195.00 F382: Orig. Series 1st Ch. $1 ; 1st N.B., PUEBLO, COLORADO TERRITORY. Nice VG/Fine with Territorial Seal $445.00 F384: Series 1875 1st Ch. $1; Newport N.B., Newport, R.I. Charter # 1492, the "Columbus" Note. Bank Ser. #5; Cr. Unc. $195.00 F390: Series 1875 "Lazy" $2; FANEUIL HALL N.B., Boston, Mass. Charter #847. Historical name; bright EF/AU, with a few minor center sewing holes $350.00 F401: Series 1875 1st Ch. $5; The Ottumwa N.B., OTTUMWA, IOWA. Ch. #1726. FINE, and EX. RARE! $250.00 F404: Series 1875 1st Ch. $5; The 1st N.B., DEADWOOD, DAKOTA TERRITORY. Ch. 7$2391. Bright EF/AU with Territorial Seal : Plate "C" of SHEET #1, dated Aug. 15, 1878. Bold pen-sigs. The epitome of numismatic-Americana! $1995.00 F407 : Series 1875 1st Ch. $5 ; The Stock Grower's N.B., CHEYENNE, WYOMING; Charter #2652, dated July 10, 1890. Crisp unc., but cut close lower left reverse ONLY. Beautiful State Seal ; ideal for State Capital and/or Indian collectors $595.00 F416: Series 1875 1st Ch. $10 ; National Bank of Newbury at Wells River, Vt. Ch. #1406. Beautiful Cr. Unc., an ideal type note $250.00 F416: Series 1875 1st Ch. $10; National State Bank, OSKALOOSA, IOWA. Ch. #1101. Ex. Fine, and EX. RARE! $500.00 F419 : Series 1875 1st Ch. $10; 1st N.B., LOS ANGELES, CALI- FORNIA. Charter #2491; dated Sept. 10, 1880. MUCH RARER THAN CALIF. GOLD NOTES. Calif. First Charter notes are among the great rarities of paper money. This was the FIRST of the National Banks to be chartered in Los Angeles, and only the third "non-gold bank," as opposed to those gold banks which re-organized as regular National Banks. This is a very acceptable VG specimen, and reasonably priced $195.00 F435: Series 1875 1st Ch. $20: 1st N.B., HIAWATHA, KANSAS. Ch. #2589. VG/F, and unusually bright, despite heavy folds. Only the third 1st Ch. $20 on Kansas known to date $395.00 F484: Series 1882 $10 BB: Washington N.B., SEATTLE, WASH. Ch. #4059. Cr. Unc. GEM; rare STATE SEAL (Washington's portrait with date "1889", year of state's admission to the Union) as most early Washington (state) notes bear the eagle vignette in the left oval. Ex. Rare $325.00 F484: Series 1882 $10 BB; 1st N.B., MUSCOGEE, INDIAN TERRI- TORY. Ch. #4385; the first N.B. chartered in the Ind. Terr. Ex. Fine, and inordinately rare in this exceptional state of preservation, as most Ind. Tern brownbacks average only VG $1275.00 F487: Series 1882 $10 BB; The Deseret N.B., SALT LAKE CITY, UTAH TERRITORY. Charter #2059; with territorial seal. F/VF. VERY RARE! $1100.00 F552 : Series 1882 $20 DB ; THE CENTENNIAL N.B., Philadelphia, Pa., Organized in 1876, and granted Charter #2317. Nice AU ...$135.00 F595: Series 1902 $5 Red Seal ; The 1st N.B., FAIRBANKS, DISTRICT of ALASKA. Ch. #7718. Crisp Unc., top note of sheet, with border intact, BEP markings plainly visible $1950.00 F621 : Series 1902 $10 Red Seal ; The 1st N.B. of SAN JUAN, ISLAND of PORTO RICO (sic) V. Fine. One of only eight P.R. Notes known 14-$10; 2-$20; 1-$50; 1-$100) ; all VG to VF. The "King" of Nationals 84875.00 ALL items offered subject to prior sale; prices subject to change with- out notice. NEW APPLICANTS REMIT BY BANK CHECK OR MONEY ORDER, PLEASE! Shipments made by Registered or Certi- fied mail usually within 48 hours after receipt of order. Five-day return privilege. M. Perlmutter, SPMC 948 P. 0. BOX 48 WATERTOWN, MASS. 02172 PHONE: (617) 332-6119 UNUSUAL CHURCH VOUCHER Stubs show these were made out to the treasurer C. Saign of the German Lutheran Church of Allentown, Pa., during the years 1855 to 1859 for the building of a new church. TO 'FO M".'"..11'z'rzt, • As pictured, black on purple, 8x10 inches $3.00 per sheet Company Store Merchandise Scrip Buena Vista Furnace-location could be Buena Vista, Pennsylvania- population 500-Allegheny County-Banking town McKeesport-or- Virginia-population 4002-Rockbridge County. Issued in 1848, black on white, 10x16 inches $6.00 per sheet SPECIAL-BOTH SHEETS $7.00 Sent flat and postpaid PAUL R. PEEL 1748 SAWYER WAY, COLORADO SPRINGS, COLO. 80915 WANTED TO BUY • WISCONSIN NATIONAL BANK NOTES 1929 issues (except Milwaukee) and large size Wisconsin Nationals. Premiums paid for nice UNCUT SHEETS OF WISCONSIN NATIONALS. Wanted: UNCUT SHEET OF 18—Series 1953, $5 RED SEAL, L.T. NOTES Wanted: $20 DEMAND NOTE VG or better • L. J. WATERS POST OFFICE BOX 1051 MADISON, WIS. 53701 Member of : ANA, CSNS, NOW, S.P.M.0 P.M.C.M. WANTED: ILLINOIS NATIONAL CURRENCY Large or Small size—And all contiguous states. Write describing notes for sale. FOR SALE: LARGE NATIONAL CURRENCY Amboy, III. #5223, Fr. #581, Fine $120 Rocky Mount, Va. #8984, Fr. #626, Good $35 Elwood, Ind. #4675, Fr. #628, Good $25 Salina, Ka. #4945, Fr. #631, VG $35 Marquette, Mich. #6003, Fr. #537, G $35 Cincinnati, Ohio #20, Fr. #652, XF $45 Blairsville, Pa. #867, Fr. #639, G $34 De Pere, Wis. #6469, Fr. #624, G $25 Grand Rapid.s, Wis. #4639, Fr. #628, AF $28 Donlon 405G CU $20, catalog $35 Donlon 102-9 New, Perfect $575, catalog $675 Send your want list—over 200 notes in inventory. All local sales by appointment only. 7 day return privilege, postpaid. Steven R. Jennings 3311 W. Carthage, Freeport, Illinois 61032 Member SPMC, LIFE MEMBER ANA SALESMAN SAMPLE COLLECTION Sold by J. Neale, 6 John St., N.Y. 12 1/2c #1 and 1837 inked in 12 1/2c #4 inked in, 1837, different type 25c #5 inked in, 1837 50c ink dated N.Y. May, 1837, signed 50c as above undated and unsigned Sold by Valentine, 50 John St., N.Y. 50c #8 inked in, 1837 50c different type 1 837 Sold by Laramee's, 156 Water St., N.Y. 25c #6 inked in, 1837 50c #7 inked in, 1837 Sold by Baker, 8 Wall St., N.Y. 12 1/2c 1837 25c 1837 50c 1837 Engraved and sold by J. Latham, 160 Greenwich, St., N.Y. 25c undated Published by H. Winslow, 6 Little Green St., N.Y. 75c #9 and 1837 inked in All 14 notes in extra fine to uncirculated condition. In green album $100.00 postpaid PAUL R. PEEL 1748 Sawyer Way, Colorado Springs, Colo. 80915 WANTED: ALL CHARTER PERIODS Large National Bank Notes any denomina- tion, on the Massachusetts towns of: Brigh- ton, Brookline, Dorchester, Newton, West Newton, Newtonville, and Watertown. Also: First National Bank of Boston, Mass. Will Buy or Trade. Brownbacks on Massachusetts. Also, most Mass. large notes. We pay top dealer prices for required large note rarities; rare gold certificates wanted. M. PE1ILMUTTEll P. 0. BOX 48 WATERTOWN, MASS. 02172 (617) 332-6119. "Numismatic Dealers and Researchers; Specializing In U.S. Paper Money, Series 1861-1923." Ii ROKEN Ii AN AND CONFIEDERATE NOTES READY TO SERVE YOU, WHETHER BUYING OR SELLING PHOENIX ASSOCIATES A.N.A. S.P.M.C. Post Office Box 314, Pawtucket, R. I. 02862 Notes of the 13 Colonies Conn. 4 Pence, Oct. 11, 1777. X.F. $11.00 Conn. 1s3d, June 1, 1780. Canc. Unc. 22.00 Del. 18 Pence, Jan. 1, 1776. V.F. 15.00 Ga. 6 Pence, 1776. X.F. 75.00 Md. 6.00, March 1, 1770. Fine 11.00 Md. 1/3 Dol. April 10, 1774. V.F. 15.00 Mass. 8.00, May 5, 1780. Canc. X.F. 12.00 N. H. 1.00, April 29, 1780. Canc. V.F. 27.50 N. J. £6, April 12, 1760. Fine 32.00 N. J. 18 Pence, March 25, 1776. X.F. (A) 15.00 N. J. 20.00, June 9, 1780. X.F. 70.00 N. Y. 1/4 Dol. March 5, 1776. Fine 12.00 N. Car. 5.00, Aug. 8, 1778. V.F. 35.00 Pa. 20 Sh., Dec. 8, 1775. A.U. (B) 20.00 Pa. 3 Pence, April 10, 1777. Unc. (A) 14.00 R. I. 1.00, July 2, 1780. Unc. 14.00 S. Car. 1.00, Dec. 23, 1776. Unc. 77.00 Va. 8.00, Oct. 7, 1776. Fine 19.00 Va. 100.00, Oct. 5, 1778. V.F. 115.00 Va. 100.00, May 7, 1781. A.U. 65.00 Many other colonial and obsolete notes in stock. Want lists appreciated. RICHARD T. HOOBER P. 0. Box 196 Newfoundland, Penna. 18445 INVESTING Yes, I am still investing in hoards of UnCut Sheets of Old. Bank Checks. Also Sheets of Broken Bank Bills. Also large hoards of single obsolete items. Also Bonds and Obsolete Stock Certificates. Also PROOF Trade Dollars of 1878, 1879, 1880, 1881, 1882, and 1883. OR If you are interested in buying the above material, I have a nice holding available. ALSO I have a complete set of newspapers of the Western Christian Advocate, a complete weekly of the year of 1860 and published in Cincinnati, Ohio. Complete, of course, from January through December. Available at a bargain and seldom offered. Further details on request. If you are interested in unusual Sheets of Obsolete Bills from Florida, Rhode Island or Wisconsin, and many other states, I may be able to help you. Can furnish a lot of 100 Transportation Tokens of Princeton Power Company Street Railway, now obsolete. $11.75 Frank F. Sprinkle P. 0. Box 864 Bluefield, W. Va. 24701 WANTED WANTED WANTED WANTED $1.00 SILVER CERTIFICATE STAR NOTES The First Number Next to the Star Must Match as Listed SERIES SERIES 1928B *2xxxxA 1935 Regular .2xxxx.A 1928D *3xxxxA 1935A Regular *lxxxxA 1928E *3xxxxA 1935A Hawaii *6xxxxA 1929 Series National Currency Type #1 Brown Seal $ 5.00 Charter #2604 Winters National Bank of Dayton Ohio $ 50.00 Charter #2604 Winters National Bank of Dayton Ohio $100.00 Charter #2604 Winters National Bank of Dayton Ohio $100.00 Charter #2874 City National Bank of Dayton Ohio 1929 Series National Currency Type #2 Brown Seal $ 5.00 Charter #2604 Winters National Bank of Dayton Ohio $ 10.00 Charter #1788 Merchants National Bank of Dayton Ohio $ 20.00 Charter #2604 Winters National Bank of Dayton Ohio Or Any Large Size National Currency on Dayton Ohio Will accept any of the above notes in almost any condition. Please quote what you have with condition and price. All mail answered. Thanks for checking. Wilbur B. Moorman 2154 NORWAY DRIVE, DAYTON, OHIO 45439 P.M.C.M. 208 A.N.A. 23976S.P.M.C. 1393 U. S. PAPER MONEY FOR SALE Fr. # 233 1899 $1 S.C. VP $12.50 252 1899 $2 S.C. XF 35.00 277 1899 $5 S.C. XF 75.00 282 1923 $5 S.C. XF 125.00 352 $1 Treasury Note 1891 UNC Gem 95.00 40 1923 $1 U.S. Note Low Serial # UNC Gem 55.00 39 1917 $1 Legal Tender F 10.00 115 1901 Legal Tender F 45.00 737 1918 $1 Nat. Cur., K.C., Mo. XF 29.50 1172 1907 $10 Gold Cert. F 30.00 1187 1922 $20 Gold Cert. VF 55.00 LARGE SIZE NATIONALS 1902 1st of New Milford, Conn. G 29.00 $20 DeWitte Co. of Clinton, Ill. DOB XF 35.00 $10 1st of East Peoria, Ill. G 19.50 $10 1st of Galesburg, Ill. G 19.00 $10 3rd of Rockford, Ill. M479 G 17.50 $5 1st of Savanna, III. M8540 G or 12.50 $10 1st in Mankato, Kans. W6817 VG 27.50 $5 Union of Lowell, Mass. 6077 G 12.50 $5 Boonville N.B., Boonville, Mo. M10915 G 12.00 $10 1st CI Sec. of Minn., Minn. M710 F 24.00 1882 $5 BB, Marshall N.B. of Unionville, Mo. UNC Cern 85.00 1902 $20 Marshall of Unionville, Mo. VG 35.00 $20 1st of Canton, So. Dak. 2830 G 45.00 $5 State N.B. of North Tonawanda, N.Y. DOB VG 17.50 $5 Painted Post N.B., P.P., N.Y. VG 41.00 $5 1st of Kelso, Wash. RED SEAL F 98.00 LOELL LOPER BOX 71, BLOOMFIELD, IOWA 52537 OBSOLETE NOTES Huntingdon Bank, Penn. (Kneas) 3.00 $20.00 March 23, 1817 V.F. The Exchange Bank of Pittsburgh, $5.00 8.00 Auc. Uns. Draper, Toppan Complete Set Wayne County Notes, Penn. 1859 100.00 Ex. Fine 1, 2, 3, 4, 5, 10, 20, 40.00 A Very Rare and Unusual Set Bank of Fayette County, Penn., $3.00 18.00 V.F. New Salem Pa. 1816 Harrison Prt. State Bank at Newark, N.J., $3.00, Very Rare 32.50 Maverick Prt. 1818 some repair but V.F. for this Note. The above is only a sample of our stocks. We have a wide variety of Scrip, Western Notes, Vi- gnettes with Notes to match, Proofs and old Checks. Let us know your interests or needs. We buy or sell anything connected with Obsolete Cur- rency, Vignettes or old Checks. Post Road Antiquities BOX #286 RYE, N.Y. 10580 M. PERLMUTTER OFFERS Attention AMERICAN BANK NOTE CO. die proof #368. "LEXINGTON-1775" vignette ; that which appears on Friedberg design # 103, #110, and #115, ( left obverse ) 020 National of the first and second Charter Periods. (Note: all proofs advertised herein are sunk in board, the initial testing following hardening of the dies. ) $45.00 "ORIGINAL PRINT", heavy board, 9 x 12" ( not a die proof) circa 1864, of the vignette "DeSOTO DISCOVERING THE MISSISSIPPI, - from which was engraved the reverse of the $10 NATIONAL BANK Note of the First Charter Period, and later used on the reverse of the $500 Federal Reserve Bank Note, Series 1918. Exact in every detail, except for the fact that this print is larger 14% x 01/2" ) than th:,, reduced vignette on the note. IDEAL FOR A CURRENCY DISPLAY, with 6 1/2 x 9" blank heavy stock beneath the print for an actual pair of notes, or a single note. UNUSUAL! $55.00 AMERICAN BANK NOTE CO. die proof #309. Vignette "TO ARMS !" depicting rider on horseback warning a pioneer family of an impending attack. A beautiful example of 19th century en- graving $39.50 BUREAU OF ENGRAVING & PRINTING die proof. Maiden "PEACE" vignette, as seen on Friedberg Design No. 35, the $10 Compound Interest Treasury Note of 1863-64 $35.00 BUREAU OF ENGRAVING & PRINTING die proof #37944. Vignette of WILLIAM H. SEWARD, that which appears on Fr. 376, the legend- ary $50 Co ,n Note of 1891. Very rare ! $55.00 AMERICAN BANK NOTE CO. die proof #386. Vignette of "WASH- INGTON AT PRAYER," that which appears on Fr. Designs 104, Ill and 121, the $50 National Bank Notes of the first two Charter Periods. RARE! $39.50 BUREAU OF ENGRAVING AND PRINTING die proof #8656. Vi- gnette of "ARRIVAL OF THE SIRIUS, 1838," that which appears on Fr. Design # 106, the $500 First Charter National Bank Note, of which but two specimens (Fr. 4641 are extant $45.00 REPORT OF THE COMPTROLLER OF THE CURRENCY; all excel- lent condition. 1886 (976 pg. 1-045.00; 1887 (373 pg.)-$25.00 ; 1898 823 pages )-$35.00. Special : all three for $85.00. Union Military Scrip, $10, Topeka, Kansas, June 1, 1867. I Continental Bank Note Co., N.Y.) Beautiful vignettes of the Kansas State seal and settlers defending themselves against Indian marauders. An ET, specimen of this piece was recently offered for $95 ; this CRISP UNC. FOR only $49.50 ALL items offered subject to prior sale ; prices subject to change without notice. NEW APPLICANTS REMIT BY BANK CHECK OR MONEY ORDER, PLEASE! Shipments made by Registered or Certi- fied mail usually within 48 hours after receipt of order. Five-clay return privilege. PAPER CURRENCY Collectors If you collect U. S. Paper Currency, we sug- gest that you send us $1 to receive a catalog and prices realized for our upcoming auc- tion March 30 through April 3, 1971. There will be close to 400 lots of U. S. currency. Included will be a California Estate which contains many rare Western States National Notes, such as California, Idaho, Oregon, and perhaps the largest accumulation of Utah notes offered in the last 20 years. SUPERIOR STAMP & COIN CO., INC. 517 WEST 7th STREET, LOS ANGELES, CA 90014 (213) 627-2621 M. PERLMUTTER, SPMC 948 P. 0. BOX 48, WATERTOWN, MASS. 02172 PHONE: (617) 332-6119 . 1/77/%0W ///Y/4) NEW ,yo 1828. I Whether you buy or sell bank notes circa 1828, Federal Reserve Notes circa 1971, or any other kind of paper currency, U. S. or the rest of the world, PAPER MONEY is your best advertising medium. I i . It.t.24efalitawro. 5' ) , -....."'' . %-....... IIV BMITTZ 6-t's ) z • Vitiating YS - tantitnig -g:)) „„. strxr.r.s:Ditraffg.is For the modest price of $37.50, you can buy this choice inside back cover space and reach at the very minimum 2,000 confirmed, eager collectors. That is less than one-fourth the cast of postage alone on a direct mail solicitation to these numismatists. The next advertising deadline is May 15th; the space will be sold on a first-come first-served basis. Don't delay. Write today to the Editor, BARBARA R. MUELLER 225 S. Fischer Ave., Jefferson, Wis. 53549 The Opportunity To Purchase the Rare and Choice Notes COLLECTORS ASKED FOR IT! in the DONLON RESEARCH AND EXHIBIT COLLECTION KNOWLEDGE ANA I - "C,;' PROFESSIONk. NUMISMIITISTsUnited States Paper Money And Supplies, Exclusively S.P.M.C. NO. 74 The Collection includes many seldom offered items! The Unique $100.00 San Juan, Porto Rico, National Bank Note! One of two known $2.00 U.S. Notes, Scofield-Gilfillan Sigs. New! The Notes Illustrated in Donlon Catalog "U.S. Large Size Paper Money" The Notes Illustrated in Dcnlon Catalog "U. S. Small Size Paper Money" The Notes Illustrated in Whitman's "Modern U.S. Currency" MANY "LAZY 2" NATIONALS AND NATIONALS FROM PRACTICALLY EVERY STATE AND TERRITORY including a large collection of Michigan and New York State Nationals. Not the Largest Collection but certainly the most choice Collection to be offered in many years. Many items have been in the Collection 30 and 40 years! ALL TO BE OFFERED IN A MAIL BID SALE, CLOSING DATE MAY 22. Something for every Paper Money Collector! Values from $2.00 to over $5000.00. ILLUSTRATED CATALOG READY FOR MAILING IN MARCH. YOU WILL ENJOY IT, EVEN IF YOU DON'T BID! Price $1.00. Printed list of prices realized $1.00. Donlon Catalog "U.S. Large Size Paper Money" Cloth $4.50, Flexible $3.00. Deduct 50¢ if ordered with Sale Catalog or Price List. WILLIAM P. DONLON P. 0. BOX 144 UTICA, NEW YORK 13503