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FUN Show

I had the pleasure of attending the FUN show in Orlando, FLA this past week. It was a very fun and interesting show. Very well attended. I shared corner table 1135 with Colonial and early Americana expert John Kraljevich.

My wife and I travelled to Austin TX and New Orleans LA to visit family over the holidays. Over the New Year's weekend, I travelled back to Boston to swap out a lot of clothes and pack up my coins and paper money and headed to Orlando. She would join me a day later early in the week.

Edwin McMasters Stanton and January 15

January 15, 2012, a date soon to be upon us is actually a very important date. It is the 150th anniversary of the date that President Abraham Lincoln appointed Edwin McMasters Stanton to be his Secretary of war. Stanton replaced Simon Cameron who was dismissed by Lincoln for including in his yearly report the call of freed slaves to be armed and used against the Confederate Army. Stanton was Lincoln's closest adviser during the Civil War. Lincoln described Stanton as “the rock on the beach of our national ocean against which the breakers dash and roar, dash and roar without ceasing.

From One Collector to Another

Just as Scott Lindquist disclaims creative writing cred, I am no blogger. But like Tina Turner’s famous ex once said, “I’ll try anything…one time.”

Shawn Hewitt, the patient, resolute slave-driver behind getting this wonderful new site up and at ‘em for the benefit of our members, seems to think that I as President need to say something in blog form. As if anybody really cares what I have to say. And if you do, you can wait a month and a half and read it in Paper Money! As if!

Shawn is, of course, right.

The Importance of a Trusted Price Guide

I never claimed to be a writer, and I still don’t even though and I co-wrote with John Schwartz the “Standard Guide to Small Size U.S. Currency, 1928 to Date”. My writing ‘education’ consists of one course in “Free Writing” taught by Professor Nelson at the illustrious Minot State University, where I earned a four year business degree after dropping out of the geology program because my brain was impermeable to higher math. Prof.

Fractional Currency--The Beginning

Hello and welcome to the Fractional Currency (FC) blog. I am excited about blogging about my favorite series of US Currency. I hope to keep it interesting by adding the intriguing along with the historical. If you have any topics of interest, let me know and we will explore it. This blog is just setting up the series. I hope to have a new one posted dealing with an overview of FC soon.

Stacks Bowers Sale Yields Cache of Epic Obsoletes

The recent Stack’s Bowers Galleries official auction of the Whitman Coin and Collectibles Baltimore Expo on November 15 to 19, 2011 netted $15.6 million in total sales. Among the paper money highlights were a cache of 19 obsolete bank notes from Minnesota, four of which are unique and six more that are semi-unique. Practically all the notes are at the top of their census for condition. Described by cataloger Bruce R.

Odd Ohio Obsolete Note Surfaces

New things just keep popping up, even after more than 150 years. I recently discovered a new $5.00 note on the Forest City Bank of Cleveland which features a completely different portrait than we had ever seen before; that of Thomas Jefferson. All of the previously seen notes on the bank (primarily proofs), featured the portrait of a man whose identity, ironically, is still unknown. We have always assumed that it was someone associated with the bank or perhaps a local notable.

From a close inspection of the note (found on eBay of all places) it's clear that it's the real deal.

WALL STREET BOURSE AT MUSEUM OF AMERICAN FINANCE, OCTOBER 21-22, 2011

How it went...

Friday and Saturday were the days of the new Wall St. Bourse show run by John Herzog at the Museum of
American Finance. Many of us had a lot of fun at the old Strasburg, Pa show in years gone by and this was John's vision to recreate that community here in New York City. I believe he was successful.

Minnesota Nationals: Number of Unknown Towns Reduced To Eleven

The recent discovery of a first charter ace on The First National Bank of St. Anthony, Minnesota (charter 1830) adds a new town to the list of known locations of national bank notes from Minnesota. Now only eleven locations that issued these notes have yet to be represented. No other banks were chartered in the short history of St. Anthony.

Charter 1830 has a special place in the history of Minnesota national bank notes. It began its life in 1871 in St. Anthony, located on the east side of the Mississippi River across from Minneapolis. In 1872, the community of St.