Paper Money - Vol. V, No. 4 - Whole No. 20 - Fall 1966

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CJ 111170U',:if 3iPSTATtilt, ' SIAN8 Paper litene DEVOTED TO THE STUDY OF CURRENCY State of Louisiana note with portrait identified as that of President Andrew Johnson in the article beginning on page 102. VOL. 5 1966 No. 4 Whole No. 20 OFFICIAL PUBLICATION OF Ceciety oif Paper !honey Collector,s © 1966 by The Society of Paper Money Collectors cMcy..y.,z..Lz.Lzy.„.qWr PROFESSI NUMISMIITISTS liellwe's, inc. "Pronto Service" U. S. FEDERAL RESERVE NOTES $1 F. R. B. NOTES Fine $12.00, ExF $19.00 Au $25.00, Cr. Unc. 36.00 Cr. Unc., faint fold 29.00 Cr. Unc. 37.50 Cr. Unc., faint fold 29.00 Cr. Unc., faint fold 22.50 Cr. Unc. faint fold 22.50 VF $11.00, AU 16.00 Cr. Unc., faint fold 19.00 Fine $14.00, VF 22.50 ExF $26.00, AU 30.00 Cr. Unc., faint fold 36.00 VG-F 15.00 VF $13.00, ExF 16.00 AU $21, Cr. unc. 31.00 Cr. line., faint fold 25.00 Very Fine 12.00 Fine $16.00, ExF 27.50 About Unc. 18.00 Fine $16.00, VF 24.00 ExF $29.00, AU 39.00 Cr. line., faint fold 44.00 Crisp Unc. 52.50 Fine $16.00, VF 24.00 ExF $33.00, AU 39.0u Crisp Unc. 52.50 Fine $16.00, VF 24.00 ExF $29.00, AU 34.00 Fine $16.00, AU 36.00 Cr. Unc., faint fold 42.00 Fine $16.00, VF 24.00 ExF $30.00, AU 36.00 Crisp Unc. 49.00 Fine $11.00, ExF 16.00 About Unc. 20.00 Cr. Unc., faint fold 29.50 Crisp Unc. 29.50 Crisp Unc. 64.00 Crisp Unc. 55.00 Crisp Unc. 67.50 Ex. Fine 65.00 Cr. Unc., faint fold 29.00 Crisp Unc. 39.00 VF $22.50, ExF 29.00 Fine $55.00, VF 75.00 ExF-AU 95.00 Fine $16.00 VF 24.00 ExF $29.00, AU 34.00 ExF $36.00, AU 42.50 Cr. Une., faint fold 49.00 Crisp Une. 57.50 Fine $16.00, ExF 30.00 F-VF $18.00, ExF 30.00 AU $36, Cr. Unc. 49.00 $2 F. R. B. NOTES 747 Crisp Li ne. 69.00 749 VF $23, Cr. Unc. 49.00 749 Cr. tine., faint fold 37.50 750 Crisp Unc. 52.50 751 ExF $29.00, Cr. Unc. 49.00 752 AU $39.00, Cr. Unc. 59.00 752 Cr. Unc., faint fold 47.50 753 Crisp Unc. 65.00 756 F-VF $22.50, AU 45.00 759 F-VF $36, Cr. line. 89.00 759 Cr. Unc., faint fold 72.50 760 F-VF $65, AU 110.00 761 Cr. Unc., faint fold 115.00 765 Fine $25.00, Cr. Une. 60.00 767 Fine $25.00 VF 32.50 767 ExF $37.50, AU 50.00 767 Crisp Unc. 65.00 771 Cr. Unc., faint fold 140.00 772 Crisp Unc. 195.00 773 F-VF $69.00, VF 90.00 774 Fine $52.50, AU 105.00 774 Crisp Unc. 175.00 775 F-VF $59.00, VF 79.00 775 Ex. Fine 97.50 776 Crisp Une. 195.00 777 Crisp Unc. 195.00 778 VF $67.50, ExF 79.00 778 Crisp AU 105.00 778 Cr. Une., faint fold 130.00 778 Crisp Une. 175.00 779 Fine $47.50, VF 67.50 779 ExF $79.00, AU 105.00 779 Cr. Unc., faint fold 130.00 779 Crisp Unc 175.00 780 F-VF $49.00, VF 67.50 780 Ex. Fine 79.00 $5 F. R. BANK 781 ExF-AU 795.00 782 Crisp Unc. 99.50 784 About Unc. 95.00 785 Crisp line. 85.00 787 Crisp AU 49.00 790 AU $35, Cr. Unc. 120.00 792 Ex. Fine 65.00 794 AU $69, Cr. Unc. 100.00 799 ExF-AU 190.00 800 Crisp Unc. 150.00 803 Crisp AU 105.00 $10 F. R. BANK 810 Crisp AU 5.00 812 Cr. line., faint fold 525.00 814 Ex. Fine 285.00 817 Crisp Unc. 475.00 $20 F. R. BANK 824 Crisp Unc. 950.00 828 Crisp AU 1,500.00 829 Crisp AU 1,750.00 $50 F. R. BANK 831 Low #821A. A great Rarity worth more 2,900.00 RARE COMPLETE SETS $5 F. R. NOTES 847 Crisp line. 18.50 850 Cr. Unc., faint fold 15.00 850 Crisp Unc. 19.00 851 Fine $9.00, VF 12.00 851 Cr. Unc., faint fold 15.50 855 Very Fine 12.00 859 Fine 9.00 863 Crisp Unc. 21.00 867 Cr. Une., edge repair 12.00 868 Cr. line., faint fold 16.00 868 Crisp AU 14.00 871 Crisp Une. 19.00 $10 F. R. NOTES 915 Star, Cr. Unc. 33.50 923 Crisp !The. 29.00 928 Fine 15.50 930 Cr. Unc., faint fold 20.00 930 Crisp line. 29.00 931 Crisp Unc. 29.00 931 Star, Crisp Unc. 33.50 $20 F. R. NOTES 970 Cr. Unc., faint fold 36.50 971 Crisp Unc. 45.00 984 Crisp Unc. 45.00 987 Crisp Une. 45.00 1000 Crisp AU 35.00 1003 Cr. Unc., faint fold 37.50 $50 F. R. NOTES 1037 Crisp Unc. 145.00 1040 Crisp Unc. 140.00 1046 Crisp Unc. 120.00 1054 Crisp line. 140.00 $100 F. R. NOTES 1088 Crisp Unc. 195.00 1098 Crisp Une. 195.00 1104 Crisp Une. 175.00 1120 Crisp Une. 195.00 RARE RED SEALS 835 Cr. Unc., lgt crease 50894 Plate 5, Cr. Une 1105. 00 955 Plate 2, AU 115.00 1081 Plate 1, Cr. Une. faint fold 395.00 VERY RARE "CUT SHEETS" 757 Low #D513a-D516a 395.00 772 Real Rarity 895.00 785 Just as Rare 395.00 984 195.00 708 708 708 710 710 711 712 713 713 715 715 715 716 717 717 717 718 719 720 721 721 721 721 722 722 722 723 723 725 725 726 726 726 727 727 728 729 730 731 733 736 737 738 740 741 741 742 742 743 743 743 745 746 746 $1.00 F. R. B. F708, 711, 714, 718 (#D441A), 721, 723, 729, 733, 736, $2.00 F. R. B. F747, 750, 753, 757 (#D420A), 760, 762, 765, 771, 772, List of Rare Low # "Showpieces" F708, 711, 718, 714, 721, 723, 747, 750, upon request. BOOKS "In the Spotlight" 739, 740, 743. Superb Crisp Unc. 774, 776, 778. Superb Crisp Unc. 753, 757, 760, 762, 776, 785, sent $595.00 1,575.00 Bill Donlon's Paper Money Catalogue-1967 Edition 1.00 Choice and Rare Currency is Booming. Have you tried Bebee's for "Pedigreed Notes". If not, then there's a pleasant surprise in store for you. Please send your Want List for prices of other Series. Also, List of any Rare Items, with prices desired, that you may wish to sell. Aubrey and Adeline Bebee and their Staff Wish You and Yours the HAPPIEST OF HOLIDAYS AND A NEW YEAR FILLED WITH JOY AND PROSPERITY 4514 North 30th Street Phone 402-451-4766 Omaha, Nebraska 68111 Paper Mote VOL. 5 NO. 4 THIRD QUARTER 1966 WHOLE NO. 20 PUBLISHED QUARTERLY BY THE SOCIETY OF PAPER MONEY COLLECTORS Editor Barbara R. Mueller, 523 E. Linden Dr., Jefferson, Wis. 53549 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, J. Roy Pennell, Jr., P. 0. Box 3005, Anderson, S. C. 29621. 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 l4 fee. Application to mail at Second Class Postage Rates is pending at Anderson, S. C. 29:621 with additional mailing privilege at Federalsburg, Md. 21632. Non-member Subscription. l5.00 a year. Published quarterly. ADVERTISING RATES One Time Yearly Outside Rear Cover $37.50 $140.00 Inside Front & Rear Cover 35.00 130.00 Full Page 30.00 110.00 Half Page 17.50 60.00 Quarter Page 10.00 35.00 Schedule for 1967 Advertising Publication Deadline Date Issue No. 21 Feb. 15, 1967 Mar. 15, 1967 Issue No. 22 May 15, 1967 June 15, 1967 Issue No. 23 Aug. 15, 1967 Sept. 15, 1967 Issue No. 24 Nov. 15, 1967 Dec. 15, 1967 CONTENTS Obsolete Bank Notes of North Carolina, a review by George R'. Wait 96 Types of the 1902 National Bank Notes, by Peter Huntoon 97 Emergency Military Currency, by Richard T. Hoober 00 World War II Military Currency of the Axis Powers, by Raymond S. Toy 01 Numismatics and Three Presidents, by Frank A. Tannewitz 02 Renniks Australian Coin and Bank Note Guide, a review by Jerry Remick 04 Report on A Collection of Starred Small Size $1 Notes, by Warren Herbert 05 The Small $1 U. S. Legal Tender Note, by Joseph Persicbetti 06 Cumulative Contents of PAPER MONEY, Volumes 1-4, by Harry M. Coleman 07 Nathaniel Jocelyn Exhibit 08 The Bank of North America, The Romance of a Bank Note, by Clyde F. Mackewiz 09 Jamaican Bank Notes, by Jerome Remick 11 Postal Currency Discoveries, by M. R. Friedberg 12 Auction Prices Realized, by George W. Wait 15 It's in the Books, by Earl Hughes 20 The Society of Paper Money Collectors, Inc. Proceedings of S. P. M. C. Annual Meeting 95 ANA Old-Timer Joins SPMC 96 Researchers for the Wismer Reprint Proiect 96 Texas Numismatic Assn. Convention, 1967 96 Friedberg Award to Wm. Philpott 110 Secretary's Report 117 The Trading Post 119 Ceciet9 Paper ))whey CoIlector,6 OFFICERS President George W. Wait, Box 165, Glen Ridge, N. J. 07028 Vice-President William P. Donlon, Box 144, Utica, N. Y. 13503 Secretary J. Roy Pennell, Jr., Box 3005, Anderson, S. C. 29621 Treasurer James L. Grebinger, Box 614, Oak Park, 60303 APPOINTEES-1966-67 Librarian Earl Hughes Attorney Ellis Edlow BOARD OF GOVERNORS-1966-67 Thomas C. Bain, Dr. Julian Blanchard, Ben Douglas, Harley L. Freeman, Nathan Goldstein II, Maurice M. Gould, Alfred D. Hoch, Richard T. Hoober, Morris Loewen- stern, J. Roy Pennell, Jr., Glenn B. Smedley, M. 0. Warns. aniiiimmiiiiiiiniiiiimmiiinnimmitiminmiiiiimilniniumiiiiiiinnritimmilinflinininimimuniiiiiiiiiiiiiiiimillinilinin. -g. .Important Notice E == .= =▪ Paper Money Is A Copyrighted Publication = E E - No article originally appearing in this publication, or part thereof or condensa- = =tion of same, can be reprinted elsewhere without the express permission of the Editor. a E Although your Officers recognize the publicity value to the Society of occasional re- E E prints. they cannot allow indiscriminate use of the material from PAPER MONEY in E= E other publications even when condoned by the author. Therefore, authors should F., =-E contact the Editor for permission to reprint their work elsewhere and to make ar- rangements for copyrighting their work in their own names. if desired. Only in this B . = way can we maintain the integrity of PAPER MONEY and our contributors. = = = E = 51111111111111111111111111111111111111111111i111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111IIIIIIIIIIR WHOLE NO. 20 Paper Money PAGE 95 Proceedings of S. P. M. C. Annual Meeting The sixth annual meeting of the Society of Paper Money Collectors, Inc. was held on August 19, 1966, at the Pick-Congress Hotel in Chicago coincident with the ANA Convention, with 126 in attendance. Secretary J. Roy Pennell, Jr. reported that the gross membership of the Society had now reached 1,800. After deducting losses due to deaths, resignations and other dropouts, we now have 1,354 active members, a considerable increase over 1965. Loewenstern and Glenn B. Smedley, who were unanim- ously elected to the Board of Governors replacing those whose two year terms had expired. In the absence of awards chairman Dr. Julian Blanch- ard, Vice-President Donlon announced these winners of the Fred Marckhoff Literary Awards for the best articles submitted in the past year by other than officers and board members: At the 1966 Annual Meeting: seated, 1. to r., Barbara R. Mueller, Editor; Win. P. Donlon, Vice-President; George W. Wait, President. Leaning forward: J. Roy Pennell, Jr., Secretary. Standing, 1. to r., Thomas C. Bain, Nathan Goldstein II, Richard T. Hoober, Governors; Ellis Edlow, Attorney; James T. Grebinger, Treasurer; Maurice M. Gould, Governor. Treasurer James L. Grebinger reported a bank bal- ance of $7,084.75 as of June 30th. Since our fiscal year ends December 31st, this amount will be substan- tially reduced for the cost of the two remaining 1966 issues of PAPER MONEY, but our financial condition is much improved over a year ago. Editor Miss Barbara Mueller reported improvements in content and schedules for our magazine, PAPER MONEY, with more expected in the coming year. Its mailing time should be reduced since we are obtaining a second class mailing permit. Miss Mueller indicated that articles are coming in quite well, but she hopes for more of them in the foreign and small size U. S. fields. Nominating Committee Chairman Thomas C. Bain presented a slate consisting of Harley L. Freeman, Nathan Goldstein II, Maurice M. Gould, Alfred D. Hoch, Morris (a) Ten dollar gold piece to Dr. Herbert Eccleston for his article "The Morris Canal and Its Currency." (b) Five dollar gold piece to Forrest W. Daniel for his article "Bank Holiday Scrip of Carrington. North Dakota." Wismer rewrite chairman Richard T. Hoober reported that the Florida, Oklahoma, and Indian Territory lists are almost completed and photographs are being taken. Publication is expected later this year. Mr. Hoober in- dicated that positions of Chief Researcher are still open for certain states. and volunteers would be welcomed. President George Wait reported that the paper money hobby was apparently becoming more and more popular. with no recession in sight. He said that a membership PAGE 96 Paper Money WHOLE NO. 20 list is now being prepared and will be distributed to all members in the near future. He thanked Bruno Rzepka for his work in making the excellent luncheon meeting arrangements. J. ROY PENNELL, JR., Secretary ANA Old-Timer Joins SPMC At the 1966 meeting in Chicago, the SPMC was honored to enroll Mr. Edwin W. Williams, a 55-year member of the American Numismatic Association. Mr. Williams joined the ANA in the time of Dr. Heath, the pioneer organizer of that society. Researchers for the Wismer Reprint Project Richard T. Hoober, who is supervising the Wismer project, has submitted this list of researchers in the hope that other workers in the missing states will come for- ward. Please write to Mr. Hoober at Box 196, New- foundland, Pa. 18445. Alabama—Walter Rosene, Jr., 127 Oak Circle, Gadsden, Ala. 35907 Connecticut—Albert I. Donn, P. 0. Box 1173, Manchester, Conn. 06044 District of Columbia—H. M. Rosenberg, 6500 Chillum Place, N. \V., Washin gton, D. C. 20012 Florida—Harley L. Freeman, 353 S. Atlantic Ave., Ormond Beach, Fla. Idaho—Philip A. Stewart, P. 0. Box 403, Bigfork, Montana 59911 Illinois—Dennis Forgue, P. 0. Box 750, Hillside, Ill. Indiana—Donald A. Schramm, 225 N. Hayes St., Portland. Ind. 47371 Iowa—Lewis K. Ferguson, 7G3 N. Woodworth St., Algona, Iowa Kentucky—Earl Hughes, R. R. #2, Mitchell, Ind. Maryland—Dr. Leonard M. Rothstein, 2409 Sylvale Rd., Baltimore, Md. 21209 Massachusetts—Maurice M. Gould, P. 0. Box 141, Chestnut Hill, Mass. 02167 Michigan—Lawrence Falater, 3811 Harvard, Detroit, Mich. 48224 Minnesota—R. H. Rockholt, 1489 Clayridge Ave., St. Paul. Minn. 55119 Mississippi—C. Candler Leggett, 4M8 Cedarhurst Dr., Jack- son, Miss. 39205 Missouri—Lawrence Marsh, 69 Arundel Place, Clayton, Mo. 53705 Montana—Philip A. Stewart, P. 0. Box 403, Bigfork, Mon- tana 59911 New Hampshire—Wayne S. Rich, P. 0. Box 391, Concord. N. H. 03301 New Jersey—Frank:in B. Tucker, 216 Central Ave., West Caldwell, N. J. New York—Richard A. Bender, 82-38 212th St., Queens Vil- lage, N. Y. 11427 Oregon—Dr. Walter M. Loeb, 4568 E. Mercer Way, Mercer Island, Wash. 98040 Pennsylvania—R ; chard T. Hocber, P. 0. Box 196, Newfound- land, Pa. 18445 Texas—Robert E. Medlar, 3405 Avenue Q, Lubbock, Texas Vermont—Miss Marye B. Coulter, 37 Westmoreland Ave., Longmeadow, Mass. Washington—Dr. Walter M. Loeb, 4568 E. Mercer Way, Mercer Island, Wash. 98040 Wisconsir—Ronald Calkins. 124 Exchange St., Mazomanie, Wis. 53560 Obsolete Bank Notes of North Carolina By J. Roy Pennell, Jr. Reviewed by George W. Wait This booklet is mainly a concise descriptive list of the notes issued by the 21 banks of North Carolina up to the end of the Civil War. Historical information is given for many of the banks, showing date of charter, capitali- zation, etc. Each note is described by denomination, date, vignettes and their location on note, overprints and en- graver's imprint. Where a bank had branches, the issu- ing or paying location is also shown. In some instances a distinction is made between regularly issued notes and proof or remainder notes. Where a note has not been located by the author, he indicates the source of his description, such as Wismer or one of the several counter- feit detectors of the period. The introductory material contains a very clear descrip- tion of counterfeit, spurious and altered notes and each of them is so labeled throughout the text. The number- ing system is unusual but workable. The pages are printed on one side only, to provide a space for the reader to enter supplementary information. Valuations are given for notes in average (VG-F) and choice (VF-AU) condition. Prices for choice notes range from $4 to $75. Most of these notes are seldom available, and pricing must have been difficult. Those frequently encountered seem very reasonably priced, and their price relationships are in line with their relative rarities. It is regrettable that North Carolina scrip notes are not included, but Mr. Pennell promises to list them in a future edition. The addition of post-Civil War notes (other than Nationals) would also help towards the objective of getting all of our obsolete paper money into a catalog. This will be the authoritative reference for all collectors of North Carolina bank notes. Dealers will find it very useful as a price guide. It is available only from the author, who is Secretary of SPMC, at P. 0. Box 3005, Anderson, S. C. 29621. Texas Numismatic Assn. Convention, 1967 The 9th Texas Numismatic Association Convention will be held April 14-16, 1967, in Dallas at the Baker Hotel. It will feature an excellent educational program with out- standing lectures on coins and currency. The exhibits will be the best ever shown in the Southwest. Several collectors of many years standing have agreed to exhibit some of their material, so there should be interesting items for both experienced and novice collectors. A breakfast and trade session for all Society of Paper Money Collectors will be held Saturday morning at 8: A.M. All members are welcome; bring a few items to trade. The bourse will have 60 tables with many of the out- standing dealers in the U. S. and Mexico in attendance. Plan now to attend this outstanding affair. 1,00:4434, P 4.110 *21Zatat:s 1 .77n 1 )4 )1.1.. n. 1 t WHOLE NO 20 Paper Money PAGE 97 Types of the 1902 National Bank Notes By Peter Huntoon Courtesy of Charles E. Lees Figure 1. A—Legend; B—Geographical Letter; C—Treasury Serial Number. The series of 1902 National Bank Notes, issued from 1902 to 1929, have several distinct varieties that exist in all denominations. The major varieties are the three principal issues: red seal, blue seal dates on reverse, and blue seal without dates on reverse. Within each of these groups, subvarieties are also known which were caused by minor design changes during the issuing period of the series. The design changes that created these varie- ties are: A. a change in the legend B. use or omission of the geographical letters C. use or omission of the Treasury serial number First consider the legend (see A, Figure 1). Originally in 1902, the legend read, "Secured by United States Bonds Deposited with the Treasurer of the . . . ." Due to the Aldrich Vreeland Act of 1908, the legend was changed to read, "Secured by United States Bonds or other Securities." To make this change, all of the 1902 plates were altered or replaced. In June 1916, when the Aldrich Vreeland Act expired, the legends were sup- posed to be modified back to original wording but the alterations were not carried out on all the plates, and some banks continued to use the Aldrich Vreeland legend. Plates prepared after 1916 used the original legend as prescribed by law so both legends were in use from 1916 to 1929. In 1908, the Aldrich Vreeland Act also caused the major design changes from red seal notes to blue seal notes with dates on the reverse. In 1916, the dates were removed from all except some of the $50 and $100 reverse plates. Except on the $50 and $100 plates which were used until 1929, all notes printed after 1916 had a blue seal and no dates on the reverse. Geographical letters, the large letters overprinted ad- jacent to each charter number on the obverse, were used to sort the notes as they were redeemed (see B, Figure 1). These letters were N, E, S, M, W and P, which represented the New England, East, South, Midwest, West and Pacific regions respectively and were in use on series 1902 notes until 1924, when they were discon- tinued. The third design feature to consider is the Treasury serial number (see C, Figure 1). This serial number was used by the Treasury to maintain a running total of all of the National Bank Notes printed. It should not be confused with the bank serial number which ap- pears in the lower left corner of the obverse. The bank serial number gave a running total of the notes issued by the bank. In 1925, the use of the Treasury serial number was discontinued and the bank serial number was printed in its place. As a result, the bank serial number appears twice on all National Bank Notes after 1925. In all, there were three design features on notes that underwent a minor change. If all possible combinations of these three changes had occurred, there would have been eight different combinations, as shown in Table 1. If each different combination is considered as a separate type, each of the three major issues, red seal, blue seal with dates and blue seal without dates can be further subdivided into eight types. The date for the change of each design factor described above is known so the period of time that each design was printed can be determined as shown below the description of the design in columns 1, 2 and 3 of Table 1. Since a type is defined as any combination of a leg- end, with or without geographical letters or with or without Treasury serial number, the only way a specific type can exist is for each of the printing periods of these three design factors to overlap. It is seen in the table aairo.1111111111111111111111111111 11:147r,14 m -mace umluallIkMX; ame•NalfV1811•1111111101111111111 ar11110W11011111P0Milr 111 ifilitRICC. oNs01.11/1,/ i J. NA'rll Willa, 1 :4. 1.1-e 4,4 +,/ t )a )1,1,•12&4 • Y • i t 42E37 Pi 'MINIM 2C 3, oOtiftVbAtwb nialtortottriEW.i.la co NINO IAA cif .11.44%4 -• 17101' N'in" 111M,I.3itN 4287 PAGE 98 Paper Money WHOLE NO 20 Courtesy of Charles E. Lees Figure 2. A type 5 $10 1902 blue seal without dates on reverse issued by the Consolidated National Bank of Tucson, Arizona between 1916 and 1924. Courtesy of Charles E. Lees Figure 3. A type $ $20 1902 blue seal without dates on reverse issued by the Consolidated National Bank of Tucson, Arizona between 1925 and 1929. that the printing periods for the three design features combining to make Types 2 and 6 did not overlap so these types were never printed. Table 1 summarizes all the information given above. In the first three columns, each design change is listed along with the printing period of notes containing that variety. The fourth column shows all eight combinations or types and the time span of their occurrence. Note that Types 2 and 6 cannot exist. To determine the type of a note, first determine which legend it has from column 1. Next determine if geo- grahical letters are used and move to the appropriate box in column 2. From here determine if a Treasury serial number is used and move to the corresponding box in column 3. The type of the note is given in column 4. For example, the note shown in Figure 1 is a Type 5. Table 2 shows which types are possible for each of the three major varieties of the 1902 series along with their period of issue. Notice that Type 1 is the only possible variety for red seal notes of the 1902 series. Had the $50 and $100 dates on reverse plates not been used until 1926, Type 5 notes would have been the only type printed for the blue seal dates on reverse issues. Six types are possible for the blue seal without dates, and all have been observed by the writer. It is interesting to speculate on the rarity of each type. Since the red seal notes were only printed in Type 1, there is no choice for them. The same holds for Type 5 blue seal dates on reverse $5, $10 and $20 issues. The $50 and $100 combinations of the dates on reverse are all scarce, and it is possible that some of the types shown in the table may not have been printed at all. For the blue seal without dates on reverse, Types 3 and 7 would probably be the scarcest since their issuing period was only about one year between 1924 and 1925. The practical aspect of this study is that by knowing the type of a note, the approximate printing date is also known. Since the notes from a specific bank were being continuously redeemed and the bank's securities fluctu- ated, new notes were occasionally printed and sent to the bank. As a result, several types can exist for each denomination of a single bank. A good example of this is illustrated in Figures 2 and 3. Both notes are from the Consolidated National Bank of Tucson, Arizona, and both are dated February 14, 1912, Arizona's admission day into the Union. This engraved date has nothing to do with the date that the note was issued or the charter date of the bank. As a result, the issue date of these particular notes must be determined from some other evidence. It is noted that WHOLE NO. 20 Paper Money PAGE 99 TABLE 1. Table of design features and resulting types with their period of issue. 1 2 3 4 Legend Geographical Treasury TYPE Letter Serial with 1902-1908 with 1902-1925 1916-1924 Secured by United States 1902-1924 Bonds Deposited with the without 2 Treasurer of the .. . 1925-1929 none 1902-1908 with 3 1916-1929 without 1902-:925 1924-1925 1924-1929 without 4 1925-1929 1925-1929 with 5 with 1902-1925 1908-1924 1902-1924 without 6 Secured by United States Bonds or other Securities 1925-1929 none 1908-1929 with 7 without 1902-1925 1924-1925 1924-1929 without 8 1925-1929 1925-1929 TABLE 2. TYPE Issues of the 1902 series, their types and issue periods. Red Seal Blue Seal With Dates Without Dates 1902-1908 1908-1916 1916-1929 all denominations $50 & $100 all denominations 1902-1908 1916-1924 1916-1924 2 $50 & $100 all denominations 3 1924-1925 1924-1925 $50 & $100 all denominations 4 1925-1926 1925-1929 5 $5, $10, $20 1908-16 $50 & $1011 1908-24 all denominations 1916-1924 6 850 & $100 all denominations 7 1924-1925 1924-1925 $50 & $100 all denominations 8 1925-1926 1925-1929 the $10 is a Type 5 blue seal without dates on the re- verse. From Table 2, it is seen that the note was printed between 1916 and 1924. On the other hand, the $20 is a Type 8 blue seal without dates on the reverse and Table 2 shows this note was printed between 1925 and 1929. Note the signatures on the notes supports the dating estimates made The writer would be indebted notes to his attention with varieties in Table 2, especially Types 2 and have changed, which from Table 2. to anyone bringing shown as not printed 6. Reference: Dillistin, William H., 1956, A Descriptive History of National Bank Notes, 1863-1935, private printing. Paterson, N. J. PAGE 100 Paper Money WHOLE NO. 20 Emergency Military Currency By Richard T. Hoober Many collectors are quite familiar with the military currencies created by various nations during and im- mediately following invasions and occupations which oc- curred during the Second World War. Earlier forms of such expedient currencies are somewhat scarcer and more difficult for the collector to obtain. An extremely scarce type, with a fascinating historical background, made its appearance in the latter part of the nineteenth century during the siege of the desert city Khartoum, in the Soudan, by the Arab tribes. Although the accompanying illustration does not indi- cate so, the note is printed on somewhat coarse, buff- colored paper, with linen cloth pasted to the reverse. By comparing the English signature with copies of let- ters, it was determined to be that of C. G. Gordon, com- mander of the besieged forces. The following trans- lation of the Arabic inscription was provided by Mr. F. K. Saab of St. Louis: "One Hundred Piastres. Military. No. 542. This amount acceptable in payment from the Cashiers of Khartoum (Soudan) or Cairo (Egypt), after six months of date, April 25, 1881. (Signed) Ordouch Pacha. C. G. Gordon." Overstamped in blue are the governmental seals, very indistinct. The reverse purple stamp indicates that the note was finally redeemed at "le Caire" (Cairo). Some of the more interesting aspects of Charles George Gordon's life add interest to this particular item. Other British military heroes may have had more spectacular success and have had their names inscribed in immortal tribute tendered by a grateful nation, but never in the annals of England's history was there a more loyal and devoted patriot than Gordon, known also as "Chinese Gordon" and "Gordon Pasha." His early strong religi- ous feelings later become quite intensified, giving him somewhat the characteristics of a religious enthusiast or fatalist. Few men of his stature are to be found in any age. He obtained his commission in 1852, in the Royal Engineers, later achieving the rank of major-general. C. B. TIN() years later, at the age of twenty-one, he was ordered to Crimea, where he showed talent for obtaining general knowledge of enemy movements. For his bravery in this campaign he was awarded the British War Medal and the French Legion of Honor. From 1356 to 1863, he served in Bessarabia, Erzeroun, and on the Armenian frontier, finally commanding the Royal Engineers with England's allies against the Chinese forces at Tiensin and Shanghai. On March 24, 1863, he commanded the forces battling the Taiping Rebellion at the request of Li Hung Chang, governor-general of Kaing Provinces, who had applied to the British commander-in-chief for the services of a capable English officer. He entered his duties as a man- darian and lieutenant-colonel in the Chinese service, de- stroying the rebel forces after 33 engagements covering a period of two years. He was always at the front of the many storming parties, carrying only a fragile cane termed his "magic wand" by his men. He request to spare the lives of the rebel leaders was granted, but they were later murdered on Li's orders. Due to his unflinching principles he refused to serve any longer, nor would he accept any of the money or rewards presented to him by the Emperor for his services. Following his death his brother, Sir Henry William Gordon, presented to the British Museum in 1886, an order of the First Rank and a gift of 10,000 taels. They are now on per- manent exhibition in recognition of his services at Soo Chow. Governor Li was finally compelled to issue a procla- mation exonerating Gordon from all complicity in the murder of the Wangs, whereupon Gordon resumed his command. Regular Chinese forces finally occupied Nanking in July, 1864, and once again Gordon refused to accept a large reward offered to him by the Emperor. He used the greater portion of his own pay to promote the efficiency of his forces, stating in a letter home, "I shall leave China as poor as when I entered it." His WHOLE NO. 20 Paper Money PAGE 101 Sudanese stamps picturing Gordon and a desert statute of him. only concession was to accept the yellow jacket and pea- cock feathers, with the title of TiTu, the tokens of Man- darin First Class, and the highest military rank in China, as well as of distinction in gold signifying his first class rank. Following his return to England in 1865, he spent the next six years as corps commander of the engineers at Gravesend. During this period he devoted his spare time to caring for the poor and sick of the neighborhood, con- centrating on the poor schools, even taking many of the boys into his home, starting them in life and making arrangements for sending some to sea. In October, 1871, he was appointed the British mem- ber of the International Commission at Galatz. In 1874, he was appointed governor of the equatorial provinces of Central Africa, accepting only £2,000 of the annual £10,000 salary to which he was entitled. In 1877, he received from the Khedive the combined appointment of Governor-General of the Soudan and other areas, on the understanding that his efforts were to be directed toward improved means of communication and absolute suppres- sion of the slave trade. His presence had a good effect on the local chiefs, who were stirred to beneficial action when they heard the "Pasha" was coming! By the sum- mer of 1879, Sulemain, the leader of the slave traders, together with some of the dealers, was captured and shot; thus the traffic in slaves was wiped out. Gordon resigned his commission in 1879, and returned to England. After a trip the following year with the Viceroy of India as his secretary, he travelled once again to China to advise the governor in connection with the strained relations toward Russia and assisted greatly in easing tensions. In 1881, the year of this note's emission, Mohammed Ahmed, a Musselman, set himself up as the Mandi—the long-expected redeemer of Islam—and gathered a num- ber of followers around him who threatened the safety of the Egyptian garrisons in the Soudan. After reaching the decision to evacuate the Soudan, Gordon, at the re- quest of the British government, proceeded to Khartoum, where it was hoped that his great personal influence and knowledge of the country would help to stabilize conditions. But these hopes were not fulfilled. By March, 1884, twenty-five hundred people had been sent down the Nile to safety. The garrison was hemmend in; with no assistance, the wires to the outside world were cut in April. The siege continued for 317 days. The city fell January 26, 1885, partly as a result of treachery from within the city walls. Two days later, on the 28th, a relief corps, under Wolseley, sighted the city. On December 14, Gordon wrote to his sister, "I am quite happy, thank God, and like Lawrence, I have tried to do my duty." His diary ended on the day of his death with, "I have done the best for the honor of my country. Good-bye." Shortly after leaving his quarters, and at the height of the attack, he was killed near the palace gates, and his head was carried to the Mahid's camp. In the de- fense of Khartoum his resources were all too meager, British help was was too slow in arriving due to political differences in London, and internal betrayal caused the British defeat. Despite all these obstacles, he managed to convert the river steamers into ironclads, built some new ones, laid land mines, and even struck medals honoring his brave followers in a vain effort to sustain their morale. From a depleted treasury he literally created money for day to day transactions, of which this memento is a cherished example. World War II Military Currency of the Axis Powers By Raymond S. Toy Soon after my last book, World War Two Allied Mili- tary Currency, was published in 1965. I found that there is a demand for a book on currency which the Axis Powers issued during the same period. In trying to help the collector of these issues, I have decided to publish as complete a guide as possible, with the help of Bob Meyer. For better coverage, I will do the research work on the German and Italian notes, and Mr. Meyer will research the Japanese notes. We realize that this is going to be a big project and we will need all the help the collectors of these notes can give us. We will start with the following listing: GERMANY: Occupation notes for Jersey, Guernsey, France, Holland, Denmark, Belgium, Norway, Poland, Ukraine, Croatia, Slovakia. Czechoslovakia. Greece and Yugoslavia: also reckoning notes. ITALY: Occupation notes for Greece, Ionian Islands and Albania. JAPANESE: Occupation notes for China, Manchuria. Manchukuo, Malaya, Philippines, Oceania, Indonesia and Burma. Anyone having more information about these or any other notes from World War II kindly contact either Raymond S. Toy (German and Italian), 992 Hacienda Dr., El Cajon. Cal. 92020 or Bob Meyer (Japanese). 2056 Genesee St., North, Orange, Cal. 92667. PAGE 102 Paper Money WHOLE NO. 20 Numismatics and Three Presidents By Frank A. Tannewitz Tennessee has furnished three Presidents for the United States and all have left their mark in the pages of history. Although not one of the original Thirteen Colo- nies, Tennessee entered the Union on July 4, 1796, as the sixteenth state and a sixteenth stripe was added to our flag (this practice was later changed to adding stars instead of stripes). Like all the other states, Tennessee has had its trials and troubles with Indians and the economy, but has survived these 170 years. Part of its proud historical heritage is found in the fact that it has furnished three men to occupy the highest office of our country, the Presidency. These were Andrew Jackson, James K. Polk and Andrew Johnson. Each left his imprint upon the office of chief executive and for us upon numismatics as well, and it is the numis- matic story we wish to discuss at this time. Andrew Jackson became the first Tennessean to as- cend to the Presidency when he took the oath of office in 1829. His popularity stemmed from his fame as a soldier and Indian fighter and his national fame from the de- feat of the British at New Orleans. In numismatics, Andy leads the list on several counts, as he is the only one of the three whose portrait has ever been placed on currency of the United States. Friedberg shows several notes bearing his likeness with the current $20 note presently in circulation. In broken Bank Notes, usually defined as those notes issued by states and private Banks up until about 1870, Jackson again leads the list of our three men by having his portrait appear on the issues of over one hundred banks located in at least 24 states and the District of Columbia, according to John A. Muscalus. For the paper money collector, there are two wonderful references for these notes, one being Muscalus and the other, Criswell. (See references for titles.) Muscalus is excellent for its classification and enumeration and Criswell is likewise excellent because of its great abundance of illustrations. Tennessee, as might be expected, is credited by Mus- calus as having more banks issue notes with the portrait of Jackson than any other state. For the collector of Tennessee notes, the banks are listed as follows: Bank of East Tennessee, Branch, Chattanooga—$1 Bank of East Tennessee, Branch, Jonesboro-$l Bank of East Tennessee, Parent, Knoxville-$l Bank of America, Parent, Clarksville-$5, $5, $5 Citizens Bank of Nashville and Memphis, Branch, Knox- ville—$1, $5, $10, $20 Bank of Middle Tennessee, Lebanon—$5 Buck's Bank, McMinnville—$5 Citizens Bank of Nashville and Memphis, Memphis-$l, $3, $5, $10, $20, $50, $100 Mechanics Bank, Memphis-$l, $1, $3, $5, $5 Memphis Banking Company, Memphis—$4 Southern Bank of Tennessee, Memphis—$3, $5 Bank of Tennessee, Parent, Nashville—$10, $10 Bank of the Union, Nashville--$5, $5 Citizens Bank of Nashville and Memphis, Nashville-$l, $3, $5, $10, $20, $50, $100 Merchants Bank, Nashville—$5 Nashville Life and General Insurance Company, Nash- ville—$2 Planters Bank of Tennessee, Parent, Nashville—$50 Union Bank of Tennessee, Parent, Nashville—$1 Shelbyville Bank of Tennessee, Shelbyville—$20, $20 Thus, President Andrew Jackson left his mark or por- trait, if you prefer, well established for posterity in the form of bank notes which are generally in good supply today. James K. Polk became the second Tennessean to as- sume the Presidency when he took the oath of office in 1845. It has been suggested that he was the first dark horse candidate to become President. Polk is one of lesser-known men to become President even though he is credited with reducing the tariff, settling the Oregon boundary dispute and acquiring the California territory. Before becoming President, Polk had served as congress- man and governor of Tennessee. Likewise, Polk is less well-known in numismatics than is Jackson. Friedberg lists no U. S. currency as bearing the portrait of Polk, but Muscalus lists five different banks, all located in Tennessee, as issuing notes bearing his image. The Tennessee banks issuing notes with the portrait of James K. Polk, according to Muscalus, are: Mechanics Bank, Memphis—$3 Southern Bank of Tennessee, Memphis—$10 Bank of Tennessee, Parent, Nashville-$l0, $10 Bank of Union, Nashville-$l0, $10 City Bank, Nashville—$5 In addition to the above, the writer possesses a ten dollar note issued by the Bank of East Tennessee, Knox- ville, bearing the portraits of James K. Polk and John C. Calhoun, the famous senator from South Carolina. Thus, it would seem that James K. Polk will need more than his portrait on broken bank notes to keep his memory alive in history. The third and last Tennessean, to present day, to be- come President of the United States was Andrew Johnson. the Greeneville tailor. Johnson was the Vice-President of the United States under Abraham Lincoln and, of course, assumed the Presidency when Lincoln was as- sassinated. Being a Southerner, Johnson was in a very difficult position, but as a staunch supporter of the Con- stitution and the Union, he did not shrink from his duty as he saw it. His belief in the Constitution led him into conflict with the Congress, and this resulted in his being the only President, to date, to ever be im- peached. His impeachment trial lasted for months but fell short of conviction by ONE vote. As the charges were dropped, he served out his term of office attempting to effect a reconstruction of the Union according to the plans Lincoln started. After leaving the Presidency, Johnson came back some six years later to Washington Paper Money PAGE 103WHOLE NO. 20 PAGE 104 Paper Money WHOLE NO. 20 to become the only President ever to be elected to return to the Senate. Misunderstanding in numismatics is likewise the lot of Johnson. This misunderstanding exists because of a difference of opinion relating to identification of portraits. This thesis is developed as follows: According to Mr. Friedberg, no notes have ever been issued by the United States Government bearing the likeness of Andrew Johnson, 17th President of the United States. However, Mr. Muscalus notes that Johnson was not so neglected during the broken bank era of our American numismatic history. Mr. Muscalus indicates that the likeness of Johnson is to be found on both a $1.25 and a $1.50 note issued by the Farmers and Merchants Bank of Washington, D. C. A picture of the $1.25 note is to be found in Criswell's book. North American Currency, page 157, and this por- trait should be compared with the picture of the $1.50 note accompanying this article. These notes were printed by the American Bank Note Company and bear the date July 10, 1862. Here, one might ask the question: Why would a bank of the District of Columbia issue a note bearing the likeness of a Southerner, who, at the time of the issue of the note, was the military governor of Ten- nessee with the rank of brigadier-general of volunteers? The writer does not know the answer to this question, but it is in its pursuit and has developed the thesis that the portrait in question is NOT that of Andrew Johnson. No student of history with whom the writer has talked has yet suggested that this portrait is Johnson; indeed the students with whom he has discussed the subject say that it is not Johnson, but alas, they (we) have not discov- ered who it really is. The reader is requested to compare the accompanying illustration with the portrait of Johnson to be found in the World Book Encyclopedia or with any other references available and from these to make his own decision. For the records, though, at least two authorities with national reputations have agreed that it is not Johnson, but likewise cannot identify the person in- volved. If these notes do not bear his image, one could ask if Andrew Johnson was ever portrayed on any note? The writer believes he was. His interest in Tennessee history led him to think that a display of Tennessee Notes showing its Presidents would be an interesting subject. So, while in search of such notes, the writer, one day, was thumbing through Criswell's first book on Southern States notes and became extremely excited when he dis- covered what appeared to be a portrait of Andrew John- son. Was it true or not? The discovery is listed by Criswell as Louisiana Note C-25 and is a $5 note, printed by the American Bank Note Company, dated in 1866, and issued by the State of Louisiana. Even though the bust is identified as the "Bust of Governor" (technically, he was the military governor of Louisiana, as well as the President of the United States), all students of history who have been contacted agree that the vignette is that of Andrew Johnson. The two national authorities also agree that it is Andrew Johnson. So we have the suggestions for further historical and numismatic research in order to collaborate these findings. and the writer presents the thesis that (1) the portrait on the notes of the Farmers and Merchants Bank is not that of Andrew Johnson; and (2) that the portrait found on the $5 note of the State of Louisiana is that of Andrew Johnson. the 17th Presi- dent of the United States. Thus. numismatics has again been the avenue of much interesting study and enjoyment to the writer and per- haps will likewise be as encouraging to some other budding numismatist, historian and paper money collec- tor. (Correspondence on this paper is invited by the writer at 119 E. Tenth Ave., Johnson City, Tenn.) REFERENCES Muscalus, John A., An Index of State Bank Notes That Illustrates Characters and Events. Bridgeport, Pennsyl- vania. 1938 Criswell, Grover C. Jr., North American Currency, Krause Publications, Iola, Wisconsin, 1965 Criswell, Grover C. Jr., Confederate and Southern States Currency Friedberg, Robert, Paper Money of the United States, New York, New York, The Coin and Currency Insti- tute, Inc. 1959 Stryker, Lloyd Paul, Andrew Johnson—A Study in Cour- age, New York, The Macmillian Company, 1930. Renniks Australian Coin and Bank Note Guide Reviewed by Jerry Remick The fourth edition of Renniks Australian Coin and Bank Note Guide was released in Australia on August 1, 1966. A significant feature of this edition is a com- pletely illustrated section of 36 pages devoted to the bank notes of Australia from 1910 to 1966. Thirty-two different types of bank notes from one-half pound through the 100 pound denomination are fully illustrated and priced in fine and extra fine condition. A full page is devoted to each different bank note, giving a descrip- tion of the note and listing the various signatures and other data for each note. Mr. Syd Hagley, well known Australian numismatist, is the author of the section on bank notes. The booklet is printed on the same high quality glossy paper as previously, and the pages are of the same size. The illustrations and printing are excellent. The section on bank notes alone is worth the price of the book. (Available for $1.50 Australian and $1.68 U. S. from Renniks & Co. Pty Ltd., 246 Unley Road, Unley, South Australia, Australia.) Did You Know Thai The word "ONE" appears over one thousand times on the front of the one dollar Legal Tender Notes of 1869. It appears on the back only three times. 911 I t: I 'RTC I) wg*MINS 4 IF .VICrilt *36486681A l'7"WellE2713 THE I ST.VI'ES :011.21!1( 9 WHOLE NO. 20 Paper Money PAGE 105 Report on A Collection of Starred Small Size $1 Notes By Warren Herbert Through corresponding with society members. 1 know there are many of us striving to complete a set of STARRED small size $1 notes. A complete collection at this time would include a total of 50 notes. A set of one from each of the Federal Reserve Districts for both the 1963 and 1963A series, or a total of 24, is easily obtainable. These small size $1 Federal Reserve Notes bear green seals and serial numbers. A complete collec- tion of STARRED small size $1 notes would also include 25 Silver Certificates, all bearing blue seals and serial numbers except for two of the special series notes, namely the 1935A Hawaii overprint with a brown seal and the 1935A African note having a yellow seal. The 50th note needed to complete such a collection would be the 1928 U.S.N. bearing a red seal. The STARRED notes of each of these series are, of course, replacement notes. They are used to replace any regular numbered note that is damaged during produc- tion. The STAR is found BEFORE the serial number on all small size $1 notes except the Federal Reserve notes, where the star appears AFTER the serial number and replaces the suffix letter. (See photographs.) 928C 928D 928E 934 935 935A *91681102A 935B *06752543B 935C *28264840B 935D (Narrow) *86918654B 935D (Wide) *86918635B 935E *34026546F 935F *86784125F 935G *14011744G 935G (Motto) *19617210G 935H *20425103G 935A Hawaii 935A Africa *7%09245A 935A Red R 935A Red S 957 *26062575A 957A *32378555A 957B *23470485 B 963 Boston F.R.N. A00001352* 963 New York B00001021* 963 Philadelphia C00001235* 963 Cleveland D00001060* 963 Richmond E00007468* 963 Atlanta F00000614* 201-4 201-5 201-6 201-7 201-8 201-9 201-10 201-11 201-12N 201-12W 201-13 201-15 201-17 201-18 201-20 H201 A201 8201 S201 201-14 201-16 201-19 501-1A 501-1B 501-1C 501-ID 501-1E 501-1F *36486681A This brief article is a report on my success in attempt- ing to complete a set of STARRED small size $1 notes. All of the notes listed below are in uncirculated condi- tion. The only Federal Reserve Notes that I am in- cluding in the collection are those with serial numbers below 10,000. Donlon No. Series Serial No. 101-I 1928 U.S.N. 201-1 1928 S. C. *07003945A 201-2 1928A *21188190A 201-3 1928B 953 Chicago G00002733* 963 St. Louis H00000297* 963 Minneapolis 100006518* 963 Kansas City J00001684* 963 Dallas 1{00002399* 963 San Francisco L00001139* 963A Boston 963A New York 963A Philadelphia 963A Cleveland 963A Richmond 963A Atlanta 963A Chicago 501-1G 501-IH 501-11 501-1J 501-1K 501-IL 501-2A 501-2B 50I-2C 501-2D 501-2E 50I-2F 501-2G *0 0 0'0 0 n 0 "o ,900 ERWIto3/4... cur,' cv, •qz,A, *•\ NiNit tr; „ go rtraNTY ROL 4ARS lff I o Ct 0 0 0 0 PAGE 106 Paper Money WHOLE NO. 20 501-21-1 501-21 501-2J 50I-2K 501-2L I963A St. Louis I963A Minneapolis I963A Kansas City 1963A Dallas 1953A San Francisco 100000013* J00009652* K00009295* In comment on the above collection, it is obvious that it is far from being completed. However, the notes that are missing may prove to be very difficult to locate. Can any of you report on these, especially STARS in the 1928C, 1928D, and 1928E series? Some have even doubted the existence of STARRED notes in the special series 1935A R and 1935A S. Let me, however, pass on to you information reported to me in this regard. Richard Sara, S.P.M.C. 888, has in his possession two consecutive-numbered 1935A R STARRED notes which he says are authentic. Also, Michael Miller, S.P.M.C. 1123, reports he has a circulated 1935A S STARRED note. So perhaps both of these are obtainable. It may be that some of you "old timers" have these STARRED notes in your collections. If so, many of us "youngsters" would like to hear from you about them. You will also note in the above list a STARRED 1928D Silver Certificate. (See photograph.) This could be considered the most prized note in the collection. The above list of STARRED small size $1.00 notes includes a set of low-numbered 1963 Federal Reserve Notes previously reported to you in an article published in issue No. 18 of PAPER MONEY. Many members who wrote cards and letters in response to that article listed notes in their collections that are lower than the numbers I listed. The volume of mail indicates there are many of us who are preserving these low numbered notes in our collections. In that same article, there were photographs of four notes with the same matching serial number-00000297. Let me also tell you that this set is dwarfed by the matched set of seven notes held by Jim Greene, S.P.M.C. 1103, all with the same serial number 00000052. Also John Kearns of Marion, Indiana, an "old timer" who has been collecting paper money since 1928, reports holding 15 notes with the same serial number 00002222 (or 22221. It certainly has been encouraging to me to receive cards and letters from so many of you. And I would like to encourage all of you to write to other members who share your interests. In this way you can in part exercise the purpose of your membership. The letters need not be long or formal. It may be that a brief note on a post card will do. Ask—How can I help you? Here are my needs; can you help me? (The author may be addressed at P. 0. Box 3471. Columbus, Ohio 43214.) Legal Tender Note By Joseph Persichetti I enjoyed reading Mr. Schwartz's article in the Spring 1965 issue of PAPER MONEY about the $1 U. S. Note issued in Puerto Rico. However, there was one small error: Mr. Schwartz stated that these notes were held for ten years before being released in 1943. Actually, they were held for over fifteen years before being released in November, 1948. On the basis of the monthly statement of paper money outstanding (issued by the Treasury), I have deduced the following timetable for the release of these notes to the Atlanta Federal Reserve Bank: Nov. Dec. Jan. Feb. March April Released in Total accounted for Total unaccounted for Total printed 948 948 949 049 949 949 033 400,000 none 500,000 400,000 415,000 145,000 5,000 (99.63%)1,865,000 7,012 1,872,000 I estimate that there are still about seventy thousand of these notes outstanding. I wonder whether any readers would venture a guess. Perhaps one of them even knows the exact number remaining. 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. JOHN J. FORD, JR. 176 HENDRICKSON AVE., ROCKVILLE CENTRE, N. Y. WHOLE NO. 20 Paper Money PAGE 107 Cumulative Contents of PAPER MONEY Volumes 1-4 By Harry M. Vol. 1 No. 1 Winter 1962 Page The President's Message, by Hank Bieciuk 1 Tentative Constitution and By-Laws of the Society of Paper Money Collectors 5-6 Book Reviews: Texas Confederate County Notes and Private Scrip, Hank Bieciuk and H. G. "Bill" Corbin 6 Criswell's Currency Series, Volume II, Confederate and Southern State Bonds, Grover C. Criswell, Jr. and Clarence L. Criswell "Underdog" Status of Paper Money Exhibits at Con- ventions, by Fred Marckhoff Foreign Paper Money Classics, by Dwight Musser Roster of Charter Members Coleman Private Issues of the Civil War Period, by Ernest S. Craighead Current Currency, by C. W. Killiam The Society of Paper Money Collectors Membership Roll Vol. 2 No. 3 Summer 1963 Message from the President, by Thos. C. Bain 6,8 Treasurer's Report, by Glenn B. Smedley A Detective Story Conerning Serial Numbers on Cur- 7 rent Dollars, by George W. Killian 7-8 National Currency Notes of New Mexico and Arizona, 8-16 by Forrest W. Daniel A Re-Examination of the Varieties and Sub-Varieties of United States Postage and Fractional Currency, by Arthur D. Cohen The Certificates of Indebtedness from Missouri, by C. 3 R. Ross & John H. Swanson 3-4 Possibly Unique $5.00 Louisiana National Note, by 4-5 James S. Reynolds 5 New York State Private Issues of Fractional Notes, by Jasper L. Robertson M.D. New Membership Roster Vol. 2 No. 4 Fall 1963 Message from the President, by Thomas C. Bain 3 Request from the Secretary, by George Wait 4-6 Treasurer's Report, by Glenn B. Smedley Federal Reserve Bank Notes, Series 1915-1918, by W. 6-7 A. Philpott Jr. New Membership Roster 8 Ben Holladay—King of the Stage Coach Era, by Fred 8 R. Marckhoff The Trading Post 8-10 Retirement of Silver Certificates, by Arthur A. Smith 10-11 Vol. I No. 2 Spring 1962 "Legalized Swindling System," by Eric P. Newman, Numismatic Education Committee Operation Fix Up, by Hank Bieciuk S.P.M.C., Why?, by Earl Hughes Why Paper Money, by Rev. Frank H. Hutchins New Korean Paper Money, by Dwight L. Musser Tenino Wooden Money, by Arlie R. Slabaugh New Membership Roster Vol. 1 No. 3 Summer 1962 Call for Annual Meeting, by Hank Bieciuk Jacob Perkins—American Genius, by Arlie R. Slabaugh The Origin of the Provisional Government Drafts of Texas, by John H. Swanson Query From a Confederate Treasury Note Collector, by Philip H. Chase Puerto Rican Varieties Reported, by Dwight L. Musser Some of the Minor Varieties in the Commoner Large Size Notes, by Rev. Frank H. Hutchins New Membership Roster 5-7 7-9 9-11 5-8 9-11 12-20 3 4-5 5-10 10-11 11-12 12 13-21 21-22 4 4 5-12 12 13-25 25 26-27 Vol. 3 No. 1 Winter 1964 Message from the President, by Thos. C. Bain 3-5 The Future of Your Magazine, by Barbara R. Mueller, Editor 5 Portraits on Obsolete Bank Notes 1. Edward Bates, President Lincoln's War Time Attorney General, by 6-8 Fred R. Marckhoff Complete Listing and Simplified Numbering System All 8-14 Series of Current Size United States Currency 1928- 14-15 1963 $1.00 to $100.00, by Wm. P. Donlon The Trading Post Emergency Currency Notes of 1908, by Forrest W. Daniel 4-6 Kentucky State Banks, by Earl Hughes 6-7 Wisconsin Civil War Shin-Plasters, by Maurice Gold 7 Secretary's Report New Membership Roster Vol. 1 No. 4 Fall 1962 Counterfeit U. S. Treasury and National Bank Notes Varieties of the Government of Texas One-Dollar Notes, by John H. Swanson Minor Varieties in the Small Size Notes, by Rev. Frank H. Hutchins A Bibliography of Listings of Obsolete Notes, by Fred R. Marckhoff New Membership Roster Vol. 2 No. 1 Winter 1963 Terminology for Obsolete Notes, by Hank Bieciuk A Mystery Note, by George W. Wait Treasury Department Letter 10/28/11 Re Conversion of a New York State Bank Into a National Bank The M/C and C/M Warrants of Texas, by Charles R. Ross and John H. Swanson 8-9 An Interesting Discovery, by M. M. Burgett 9-10 Civil War Payments, by Fred R. Marckhoff 10-11 Two Early Notes, by M. H. Lowenstein 11 Paper Money Slides, by B. M. Douglas 12 Ohio Convention, by Art Lovi 12 New Membership Roster 12-15 Vol. 2 No. 2 Spring 1963 Call for Annual Meeting, by Hank Bieciuk 1 Emergency Currency of the Civil War Period, by M. M. Burgett 4 Announcement of Writing Awards, by G. Wait 4 Changes of Address 5 3 4 5 6-15 15 16-17,21 18-20, 21 M. 21 22-26 Vol. 3 No. 2 Spring 1964 SOPMC News and Notices—Society of Paper Money Collectors Now Incorporated Announcement of Writing Awards for 1965 In Appreciation, by Thos. C. Bain Librarian's Report, by Earl Hughes 31 The Background of Confederate Currency, by Arlie R. Slabaugh 32-34 Minor Variations in Goldbacks, by Rev. Frank H. Hutchins 35 The 1935 D $1.00 Silver Certificates, by George W. Killian 36,38 Bank Notes "Broken" "Obsolete" "Historical," by C. E. Wismer Osmun 37-38 Vol. 3 No. 3 Summer 1964 Proceedings of SOPMC Annual Meeting 55 The Fractional Currency Shield, by Theodore Kemm 56-57 Message from the President, by Thos. C. Bain 58 The Trading Post 58 SOPMC Membership List to August 1, 1964 59-70 Bank Note Proofs as Distinguished from Bank Note Remainders, by Julian Blanchard 71 Photography of Paper Money (I), by Barbara R. Mueller 72 Supplemental Bibliography of Listings of Obsolete Bank Notes, by C. E. Wismer Osmun 73-74,75 New Pursuits, by George W. Killian 75 Vol. 3 No. 4 Fall 1964 "Lith. by Ed. Mendel, Chicago," by Fred R. Marckhoff SOPMC News and Notices The Buying Power of Foreign Paper Money, by Peter Robin The Relationship Between Serial Numbers and Posi- tions, by Geo. W. Killian The Trading Post The Photography of Paper Money (I I), by Barbara R. Mueller Mounting Your Paper Money for Storage and Exhibi- tion, by David Paskausky S-Money, by Michael B. Kromeke A One Hundred Thirty-Six-Year-Old Bank Note, C. E. Wismer Osmun Secretary's Report New Membership Roster Vol. 4 No. 1 Winter 1965 The Treasury of North America, by Edward R. Barnsley 3-6 Monetary Reform and Economic Recovery of Postwar Germany 1945-55, by Richard A. Banyai 7-15 The 1957 Series $1 Without the Motto, by George W. Killian 16-17 The Trading Post 17 A Confederate Vignette—Origin and History, by Everett K. Cooper 18 Secretary's Report New Membership Roster 19-24 Library Catalog 25 Confederate States Bonds for Trade, by Charles J. Affleck 26 79-84 84 85-86 87-88 88 89-91 93 92-93 by 94 95-99 R AGE 108 Paper Money WHOLE NO. 20 I he Ghetto Litzmannstadt and Its Money, by David Atsmony The Small One Dollar Bill, by H. N. Schwartz The Trading Post How and What to Write for This Magazine, by Bar- bara R. Mueller India Paper, by Clarence W. Brazer Secretary's Report New Membership Roster Nineteenth Century American Bank Note Engravers, 39-41 by Everett Cooper 50 42-43 Secretary's Report New Membership Roster 51-55 Vol. 4 No. 3 Summer 1965 Is a Rare $100 Confederate Note a Myth?, by Philip H. Chase 63-66 The Trading Post 66 Front and Rear Plate Numbers on Current Currency, by George W. Killian 67-68 Spy Money, by Dwight L. Musser 69-70 Foreign Paper Money—New Catalogs 70 Canadian Chartered Banks 70 Research Project 70 "Counterfeit" Republic of Texas Money Turns Out to be "Forgeries," by W. A. Philpott, Jr. 71-72 The Ephemeral Notes of the State of Houston, by Forrest W. Daniel 73-74 New Library Additions 74 The Rewards of Collecting U. S. Paper Money, by T. Homer Brooks 75-76 Inflation!, by George Wait 76 Portraits on Obsolete Bank Notes, by Fred R. Marckhoff 77-78 Confederate Inflation Chart, by Everett K. Cooper 78 The Allan Forbes Collection of Emergency Paper Money of the World, by Maurice M. Gould 79 Italian Variety 79 Review of Numismatic Literature, by "Glenn S." 80 It's in the Books, by Earl Hughes 80 Secretary's Report New Membership Roster 81-85 Vol. 4 No. 4 Fall 1965 An Altered Bank Note, by Herbert Eccleston, M.D. 95-97 An 1833 Treatise on Banks of Issue, borrowed by Senator Warren S. I lenderson 98, 100 President's Message, by George W. Wait 99 Proceedings of SPMC Annual Meeting 99-100 Secretary's Report 101 Treasurer's Report 101 The Bank of Zilwaukie, Michigan, by Carl L. Roethke 102-103 The Confederate Museum, by Everett K. Cooper 103, 104 Islas Del Cisne, by George W. Wait 104-105 Collecting by Serial and Plate Numbers, by Bert Hart 106-107 Supplement to Kentucky State Banks, by Earl Hughes 108-109 Fractional Currency Fourth and Fifth Issues, by M. R. Friedberg 110-11 1 Events That Affected Early Texas Currency, by Cliff J. Murk 112-113 Gold Certificates, by "GWW" 113 Did You Know That—, by Michael B. Kromeke 113 The National Capitol on United States Currency, by Howard W. Parshall 114-115 Secretary's Report 116-119 44 44-45 45 46-50 Vol. 4 No. 2 Spring 1965 Lord & Williams, Bankers and Brokers, by Fred R. Marckhoff 31-36 The Trading Post 36 Society of Paper Money Collectors to Revise Entire Wismer Obsolete Note Listings 37-38 Paper Money Potpourri—U. S. and Foreign, by Richard D. Palmer 39-40 The 1935 D $1 Silver Certificate, A Sequel, by George W. Killian 40 "Ex-Grinnell," by William P. Donlon 41-43 A Review, by George Wait, North American Currency, by Grover C. Criswell, Jr. 44 Message from the President, by Thos. C. Bain 45 Proposed New Constitution and By-Laws of The Society of Paper Money Collectors, Inc. 46-47 New Library Additions, by Earl Hughes, It's in the Books, by Earl Hughes 47 Identification of Currency for Collection Purposes, by George W. Killian 48-49 It's in the Books, by Earl Hughes 49 The Small $1 United States Legal Tender Note, by II. N. Schwartz 50 Nathaniel Jocelyn Exhibit The Connecticut Historical Society, 1 Elizabeth St., Hartford, Conn. 06105, is holding an exhibition from Nov. 7, 1966, through Jan. 28, 1967, of the works of Nathaniel Jocelyn, (1796-1881), artist and bank note engraver. All interested persons are invited to attend. Accompanying the exhibition is a catalog published by the Society, containing a sketch of Jocelyn's life and a checklist of all his known portraits, miniatures and draw- ings as compiled by his great-grandson, Foster W. Rice. The subject matter is entirely separate from Jocelyn's activities as a bank note engraver, as recounted by the same author in THE ESSAY-PROOF JOURNAL in 1948 and 1960. Copies of the Jocelyn exhibition catalog may be secured from The Connecticut Historical Society at the above address at $1.50 a copy. Connecticut residents please add 3 1A% sales tax. WHOLE NO. 20 Paper Money PAGE 109 The Bank of North America The Romance of a Bank Note By Clyde F. Mackewiz There are many hobbies to choose from nowadays. One of the most interesting but least known is a branch of numismatics—collecting paper money, especially obso- lete currency. Such bank notes haven't circulated since the early reconstruction years after the Civil War, and today are seldom, if ever, shown to any great extent by private collectors. Most of them have found permanent homes in museums and banking institutions such as the Smithsonian Institution in Washington, D. C., the Phila- matic Museum of Boys Town of Omaha, Nebr., and the Chase Manhattan Bank in New York City. These notes are beautiful and interesting pieces of Americana and masterpieces of the engravers' tools. The exquisite designs of the early notes are unsurpassed in portraiture, allegories, scrollwork and similar features. In viewing these large-sized notes, you can again relive a by-gone era when paper money was as colorful as the people who lived in those eventful years. There are still many pieces extant that would appeal to even the most discriminating collector, ones which he would be proud to display among his most cherished coins. The field is unlimited, with such specialties as various bank note companys' engravers, different states, counties, cities, and vignettes of famous people, places and paintings. There is literally a story to go with every bank that issued notes, be it wild cat, spurious or one with an interesting background of achievement. This, then, is the story of one bank in its early years reflected on a piece of currency. Depicted on the note shown here is a splendid histori- cal picture of George Washington in Revolutionary Army uniform, mounted on a white stallion, surrounded by his soldiers, amidst cannon and tents. Directly above this scene appears the name of America's first banking in- stitution, "The Bank of North America." Directly be- low appears the legend, "Chartered by Congress 1771." The Bank of North America was the only bank to receive a charter by the Continental Congress, that being granted on the very last day of the year, December 31st. This bank had its humble beginning in a small store located on Chestnut Street in Philadelphia. Records show that the store's proprietor, Tench Francis, became its first cashier. Thomas Willing, who had been mayor of that city, became the first president. With these men and a staff of six people, the bank was prepared for business. The New Year was just a week old when its doors were opened. The reception it received from the public was as cold as the January morning. People, as they passed by that day, had conflicting emotions about the solidness of this new venture. Some mumbled to themselves about Robert Morris and his money-making scheme, while others, pulling their coats about them to shield themselves from the cold wind. thought about the Revolutionary War being in its seventh year and the end nowhere in sight. Many retired to their favorite ale-house, and, with tankards full, entered into lengthy discussions about Morris, its founder, and the men who had joined him in this scheme to make money. Several in the tavern walked over to form a small group by the log-burning fireplace and started earnest conversa- tions about the merits of the other men who had joined this man Morris. True, Morris was a successful businessman, and had been one of the signers of the Declaration of Independ- ence, but perhaps he had used his influence as Superin- tendent of Finance to sway Congress in granting the charter. A mustered-out soldier mentioned Alexander Hamilton and what a wonderful job he was doing on Washington's staff by serving the general as private secretary and confidential aide. This war-weary soldier was the center of attention as he spoke of some of the battles in which he had participated—Harlem Heights, White Plains, Monmouth—and of the young lieutenant from Virginia, James Monroe, who had commanded him and was now one of the subscribers to the bank. Some others mentioned Thomas Jefferson, governor of Virginia. John Paul Jones, Commodore Barry, and the revered Benjamin Franklin who. with a septuagenarian's elo- quence, could instill in others faith in the future of the country and this new banking business. These. then. were some of the men who were the bank's original sub- PAGE 1 1 0 Paper Money WHOLE NO. 20 scribers and had advanced about four hundred thousand dollars to start it. Little did the people realize that day to what heights of immortality history would raise these men. If doubt still existed in the minds of a few skeptics about the legality of the charter granted by the Continen- tal Congress, it was allayed when application was made to the Assembly of Pennsylvania and a state charter was forthcoming on April 1, 1782. The bank soon started a series of campaigns to raise funds for the Con- tinental Army to supply it with the necessary guns, am- munition, food and other supplies so that the war could be brought to a speedy and successful conclusion. It advanced sums to business people for growth and ex- pansion, and loaned money to the city of Philadelphia. A loan of $80,000 was made to the state of Pennsylvania so that it could meet its war quota to the central govern- ment. The war that had lasted so long finally ended, and the people, with their newly won independence from England, started to voice their protests loud and strong about the bank, forgetting all too soon the part that the bank had played only a few years earlier in the war. Some thought that there had been undue lobbying by the bank to advance its interests, that it had been too friendly with state officials, etc. Public opinion being what it was, the inevitable hap- pened on September 13, 1785, when the state charter was annulled. However, the bank continued to function and serve the people under the original charter granted to it by Congress. It knew that the aftermath of any war left a country weak, physically and financially, for many years. With the state there was a bit of political see- sawing—give, annul, give—and the state charter was once again granted to the Bank of North America on March 17, 1787. The bank had prospered for over three decades when the War of 1812 erupted. As it had done earlier, it lost no time in rendering aid to the government through a series of loans and the circulation of Treasury Notes and aiding the businessmen of Philadelphia in raising funds to equip a ship to run the British blockade. After this conflict ended, it had proved beyond any reasonable doubt that its creed was to serve the nation and its people in war as in peace. Numerous other banks had come onto the scene since the birth of the Bank of North America, but because of over-extension of credit, the Panic of 1837 and the un- controlled banking system, they had shut their doors permanently, paying little, if nothing at all, on the dollar. In sharp contrast to many of the bank failures, the Bank of North America continued to pay regular dividends to its depositors. With a trust bestowed upon it by the government and the people, it continued to grow and prosper up to the dark days of the Civil War. The bank once again was called upon to serve the nation and did so in such an impressive manner that when our National Banking Act was passed in 1863, it was granted special recognition by being permitted to retain its original name. This is the only bank in the nation that did not have to add the word "national" to its title, the special authority being granted by the Hon- orable Hugh McCullough, Comptroller of Currency. So this bank, the Bank of North America, with a fine record of achievements in war and peace, rich in the traditions of this country, and a past it could be proud of, closed only one of its early chapters in the financial structure and growth of this country. It is small wonder, then, that any bank notes bearing the title "Bank of North America" are much sought after and highly prized pieces to the collector of paper money. REFERENCES: The First Pennsylvania Banking & Trust Co., a history pub- lished by this bank, 1957. D. C. Wismer descriptive list of obsolete bank notes of Pennsylvania. Paper Money, Old Series, by F. A. Limpert. Friedberg Award to Wm. Philpott At the meeting of the Professional Numismatists Guild in Chicago on Aug. 15, 1966, in connection with the American Numismatic Association convention, SPMC member William A. Philpott, Jr., was presented with the Robert Friedberg Award by the Lewis M. Reagan Memorial Foundation. This award is given for out- standing contributions to the science of paper money collecting. OBSOLETE CURRENCY—UNCUT SHEETS. All crisp unc. None have been folded LOUISIANA 1. Citizens Bank of Louisiana, New Orleans $1, $1, $2,$3 Am. Bk. Note Co. $ 7.50 2. State of Louisiana rare sheet of 6 notes dated and signed printed on the back of a complete sheet of Exchange Office, Holly Springs, Miss. notes. La. Notes are 2-$1, 2-$2 and 2-$3; Miss. notes $5, $5, $10, $20. $45.00 3. Canal and Banking Co. $5, $5, $5, $5, (vignette of Franklin) Rawdon, Wright, Hatch & Edson, New Orleans. $ 9.00 4. Canal Bank $5, $5, $5, $5, (Washington & Lafayette) Toppan, Carpenter & Co. $ 9.00 5. Citizens' Bank of Louisiana $5, $5, $5, $5, or 5 Piastres denom. Bi-lingual sheet. Blue back. Rawdon, Wright, Hatch and Edson, New-Orleans. $10.00 6. Citizens' Bank of Louisiana $5, $5, $5, $5, Patented 30 June 1857. American Bank Note Co. Green over- print, shrimp colored reverse. $10.00 7. State of Louisiana $5, $5, $5, $5, 1875, signed with 4 interest coupons at right of each note. Green Back. Western Bank Note Co. 'B' $12.50 8. Canal Bank $10, $10, $10, $10, (Eagle) National Bank Note Co. $15.00 9. Canal Bank $10, $10, $10, $10, (Bldg.) Rawdon, Wright, Hatch & Edson. $ 9.00 10. Citizens' Bank of Louisiana - Shreveport - $20, $20,$20, $20, American Bank Note Co., green overprint. Salmon colored reverse. Sheet has hardly noticeable slit at top center. Price is only $10.00 11. Canal Bank $20, $20, $20, $20 New Orleans - 3 females at center. Rawdon, Wright, Hatch & Edson. N. Orleans and N. Y. $ 9.50 12. Canal Bank $50, $50, $50, $50, (sailing ships) R. W. H. & E. N. Orleans & N. Y. $15.00 13. Canal Bank $50, $50, $50, $50 (large 50) Toppan & Carpenter Phila. & N. Y. $18.00 14. Citizens' Bank of Louisiana Shreveport $50, $50, $50,$50, American Bank Note Co., green overprint. Salmon colored reverse. $17.50 15. Citizens' Bank of Louisiana $100, $100, $100, $100, New Orleans. Bi-Lingual sheet. Violet back. Raw- don, Wright, Hatch & Edson, New Orleans. $30.00 16. Canal Bank $100, $100, $100, $100, (cotton bales at wharf) cinnamon colored reverse. Rawdon, Wright, Hatch & Edson, N. Orleans & N. Y. $20.00 17. Citizens' Bank of Louisiana $100, $100, $100, $100, green and black. American Bank Note Co. Orange reverse, beautiful $25.00 18. State of Louisiana, Parish of Concordia. Sheet of 10 - $20 notes. Dec. 1, 1862 signed. Obverse red over- print. Green rev. B. Duncan $50.00 ORLEANS COIN SHOP DRAWER 2347 CUSTOIIHOUSE STA. NEW ORLEANS, LA. 70116 Payment required with all orders. Sheets will be mailed in strong tube, insured. We pay postage and ins. on all orders over $10.00. Helen H. Williamson, A.N.A. 20431 S.P.M.C. 1850. WHOLE NO. 20 Paper Money PAGE 111 Jamaican Bank Notes By Jerome Exactly 49 different types of bank notes were listed and priced in my booklet (co-authored with Ray Byrne) entitled The Coinage of Jamaica, which was released August 15, 1966. Illustrations of 25 of the notes were included in the booklet and all notes were priced in six conditions from Good through Uncirculated. The book- let of 106 pages is available for $1.50 postpaid from Mr. Al Almanzar, Milam Bldg., 115 West Travis, San An- tonio, Texas. No payment or royalty will be given either author, as the book was written for the benefit of the collector. A complete listing of the bank notes known for Jamaica is given in this article. Those bank notes with an asterisk in front of the listing are thought to exist, but as yet I have no positive verification of their exist- ence and no photograph appears in the catalog. If any reader can verify the existence of any of the asterisk- marked bank notes, he is asked to communicate directly with me at Box 183, 2900 Quatre Bourgeois, Quebec, P. Q., Canada. We would like to photograph any note thus marked so that eventually we will have a record of all Jamaican notes in future editions of the catalog. We do not need photographs of the various dates not verified for the notes of 5 and 10 shillings, 1 and 5 pounds of King George VI, but we do need verification of their existence. It is quite possible that there are Jamaican bank notes which have been omitted from this listing or dates not listed for some type notes. I would be glad to have any new data. If any reader has broken bank notes from local Jamaican banks which no longer exist, he is asked to write to me. Specimens of notes listed below preceded by an asterisk (*) are needed for photography: I. GOVERNMENT OF JAMAICA ISSUES A. ISSUED UNDER THE AUTHORITY OF LAW 27 OF 1904 *1904 5 shillings *1904 1 pound *1904 10 shillings *1904 5 pounds B. ISSUED UNDER THE AUTHORITY OF LAWS 27 OF 190-1 AND 17 OF 1918 1918 5 shillings *1918 5 pounds 1918 10 shillings *1918 10 pounds *1918 1 pound C. ISSUES OF GEORGE 'V WITH YEAR CF ISSUE ON BANK NOTE *1920 29 shillings *1931 I pound *1931 29 shillings *1931 5 pounds *1931 5 shillings *1931 10 pounds *1931 10 shillings D. ISSUES OF GEORGE VI WITH OLD REVERSE 1940-58 5 shillings Nov. 1, 1940 March 1, 1953 *Nov. 30, 1942 April 7, 1955 *Jan. 2, 1948 May 27, 1957 *June 15, 1950 August 15, 1958 1939-48 10 shillings (blue) Jan. 2, 1939 *Jan. 20, 1946 Nov. I, 1940 *Jan. 2, 1948 1953-55 10 shillings (purple) March I, 1953 April 7, 1955 1942-60 I pound Nov. 30, 1942 *Jan. 2, 1948 April 7, 1955 June 15, 1950 May 27, 1957 Remick March I, 1953 March 17, 1900 1949-57 5 pounds *Nov. 30, 1949 Sept. I, 1957 *March 3, 1953 1953 10 pounds *March 30, 1953 E. 1960 ISSUES OF GEORGE VI WITH REDESIGNED REVERSE 1960 10 shillings July 4, 1960 1960 1 pound May 19, 1960 II. BANK OF JAMAICA-issued under the Bank of Jamaica Law of 1960 Notes are not dated. Two sets of signatures are known: R. T. P. Hall, Acting Governor (earlier issues): S. W. Payton (later issues) 5 shillings 1 pound 10 shillings 5 pounds III. BANK NOTES OF CHARTERED BANKS A. CANADIAN BANK OF COMMERCE, KINGSTON, JAMAICA 1921 1 pound, March 1. 1921 1921 5 pounds, March I, 1921 1938 5 pounds, *June 1. 1938 COLONIAL BANK, KINGSTON, JAMAICA 1902 I pound, Oct. 1, 1902 *1902 10 pounds *1902 5 pounds C. BARCLAYS BANK (DOMINION, COLONIAL AND OVERSEAS), KINGSTON, JAMAICA * 927 I pound *1927 10 pounds * 927 5 pounds 938-39 I pound Feb. I, 1938 March I, 1939 940 5 pounds *March I. 1940 940 10 pounds *March I, 1940 D. THE BANK OF NOVA SCOTIA, KINGSTON, JAMAICA 900 I pound, Jan. 2, 1900 900 5 pounds, Jan. 2, 1900 919 1 pound, Jan. 2, 1919 920 5 pounds, Jan. 2, 1920 930 I pound, Jan. 2, 1930 (two sets of signatures McLeod-Patterson, McLeod-Moore) F. THE ROYAL BANK OF CANADA, KINGSTON, JAMAICA 1911 I pound, Jan. 2, 1911 1911 5 pounds, Jan. 2, 1911 1938 I pound, Jan. 3, 1938 1938 5 pounds, Jan. 3, 1938 The writer wishes to thank Mr. George Sten for fur- nishing the original listing of Jamaican bank notes from which this article was developed. Dr. Arnold Keller and the Whitman Publishing Company provided many of the dates for the notes of King George VI. The fol- lowing aided with verification of various notes and pro- vided specimens of these notes for photography: Messrs. J. D. Ferguson, F. C. Jewett, A. L. O'Sullivan, Peter Robin, Bert Peddie, Bill McDonald, Jack Friedberg, Hillel Kaslove, Harold Littau and Lindsay McLennan. The current five guarani note of Paraguay now in use is available in black as well as blue. The first note the writer obtained several years ago was in blue. Only recently the black note was received. There is no difference between the notes other than color. Both show the same signatures. No other color changes in this series have yet been reported. JEROME H. REMICK PAGE 112 Paper Money WHOLE NO. 20 Postal Currency Discoveries By M. R. Friedberg One of the great benefits of collecting Postal and Frac- tional Currency is the ease of discovering new or unre- ported items in this little known series of American currency. Matt Rothert, in his Guide Book of United States Fractional Currency published by Whitman Publishing Co., has done the collector a great service in illustrating many of the unreported items in the Cunningham-Crofoot collection. On pages 15 and 16 of his book are illustrated a series of uniface essays of obverses and reverses of the first issue in which the words "Postage stamps" ap- pear in place of the finally approved and issued "Postage Currency". I recently inspected and photographed a philatelist's collection of Postal Currency and discovered the item illustrated in Figure 1. (The essay is on thin, light tan India paper and shows indications of having been glued in an album across the top of the reverse). This uniface narrow-margin essay completes the set of obverses shown by Rothert in that it is the second 5c obverse apparently offered to the Government by the National Bank Note Company. Thus the officials were given a choice of two designs for the 5, 10, 25 and 50c notes. It is interesting to observe that the choice in the essays is now shown to have been as follows: 25c—One design with an outlined character "Postage Stamps" and numerals only in upper corners on a lightly shaded background vs. a design with solid characters for "Postage Stamps" and the numerals on an almost solid background. The legend "cents" was superimposed over the nu- merals of value. (The design with outlined characters was adopted.) 50c--One design with numerals of value of smaller, squatter characters on a field having a triangular shape in the lower corner adjacent to the vignette, whereas the alternate field design is uniform except for a portion obscured by the vignette. Both designs had "Postage Stamps" on a straight line. (The uniform field design was adopted.) In all cases the word "stamps" was changed to "cur- rency" in the final design. We can assume that more than one set of these notes exist since at least one set of approved designs must have been returned to National Bank Note Company for their guidance, and in addition D. W. Valentine lists a set of such "Postage Stamp', essays as his numbers 5 to 15 in Fractional Currency of the United States published by F. C. C. Boyd. Valentine credits these items to a 1915 auction by Henry Chapman. Figure 1. 5c—One design with "Postage Stamps" printed on a curved lines vs. "Postage Stamps" printed on a straight line. (The curved line design was adopted.) 10c—One design with "Postage Stamps" printed on curved line and with "X" each side of portrait vs. straight line "Postage Stamps" and "10" each side of portrait. (The straight line design was adopted.) A second related discovery in the same collection of Postal Currency was the set of die proofs illustrated as Figures 2 to 7. The set did not include reverses of the 5 or 50c items. These die proofs are black ink on thin white India except for the 5c obverse which is on a thin, yellow, stiff card. Each die proof has been trimmed to note size and appears to be a trial from the unhardened die. These proofs in black ink have not been previously reported. P'' ^iii t14 r I1 ilt Figure 3. Paper 'VolleyWHOLE NO. 20 PAGE 1 13 Figure 2. . 1 1 I 1 . IA. . .,,/ :.„, r, ...,......,1::::•••":411:: pit' Iiii. . via,/ 1.. , .i. -.. -- I i i .... ..... ,.....,, 1 I 1Ecífi ll 1. l' I .,i'.,..) '---%,,•.\ ,/1 /1.° ') lot `,....... ?few i ilrve.: boLLARti, We,:i r , irev//, v 4 .0, . ' . .11 iltyyttle'/// /r ' :Ste, /eS &KC Man i .?4 ,;,v0//tr,:fx.-. --(7. • wiworEn aril- rzi- '' ' _-- Figure 4. 11111111Wevo. '11 . .="1-1.11X114,4., Figure 5. it iirshOlil. ; 11 /it/rwe,./ ..,,v/4109W1.060, ,e, • /1, ////' • • it I 4 4PPROVED . tny 17 .0 • --",z-44%;"iO44: Figure 6. PAGE 114 Paper Money WHOLE NO. 20 Figure 7. WHOLE NO. 20 Paper Money PACE 1 1 5 Auction Prices Realized by George W. WaitReported LARGE SIZE U. S. CURRENCY Stack's Sale of April 23, 1966 (Friedberg References) DEMAND NOTES Lot 1727 F.145.00 1861 New York. Fine 8230.00 1728 F.34500 1861 Boston. Very Good-Fine 240.00 LEGAL TENDER NOTES 1729 F.1641.00 1862 Chittenden and Spinner. Small red 1732 F.1141.00 1862 Chittenden and Spinner. With 85.03 seal. Uncirculated FiVFin 1733 F.1841.00 1869 Allison and Spinner. Large red 26.00 ABN monogram. e to ery ne 1734 F.1941.00 1874 Allison and Spinner. Small red 8C).0() seal. Uncirculated 1735 F.2041.00 1875 Allison and New. Red Seal. About 20.00 seal. Fine-Very Fine Uncirculated 40.00 1737 F.2641.00 1875 Allison and Wyman. Red seal Uncirculated 31.00 1739 F.27-81.00 1878 Allison and Gilfillan. Red seal. Ex- tremely Fine 17.00 1741 F.2841.00 1880 Scofield and Gilfillan. Large brown seal. Uncirculated 41.00 1743 F.2941.00 1880 Bruce and Gilfillan. Large brown seal. Autograph signature of Gilfillan alongside portrait. Uncirculated 1745 F.3041.00 1880 Bruce and Wyman. Large brown seal. Uncirculated 1747 F.3441.00 1880 Rosecrans and Nebeker. Small red seal. Uncirculated 1749 F.3641.00 1917 Teehee and Burke. Red seal Uncirculated 1752 F.3741.00 1917 Elliott and Burke. Red seal. Ex- tremely Fine 1753 F.3941.00 1917 Speelman and White. Red seal Uncirculated 1756 F.4041.00 1923 Speelman and White. Red seal About Uncirculated 1758 F.4142.00 1862 Chittenden and Spinner. Red seal Very Fine 1759 F.4242.00 1869 Allison and Spinner. Large red seal. Very Fine 1760 F.4842.00 1878 Allison and Gilfillan. Red seal. About Uncirculated 1761 F.524200 188 0 Bruce and Wyman. Large brown seal. Extremely Fine 1762 F.564200 1880 Tillman and Morgan. Red seal. Very Fine 1763 F.58-82.00 1917 Elliott and Burke. Red seal. Low serial number B26A. Uncirculated 1767 F.61-$5.00 1862 Chittenden and Spinner. Red seal. Very Fine 1768 F.64-$5.00 1869 Allison and Spinner. Large red seal. Uncirculated 1771 F.6845.00 1875 Allison and Wyman. Red seal. About Uncirculated 1772 F.7145.00 1880 Bruce and Gilfillan. Large brown seal. Uncirculated 1774 F.77-$5.00 1880 Rosecrans and Huston. Large brown seal. Very Fine 1775 F.8145.00 1880 Bruce and Roberts. Red seal. About Uncirculated 1776 F.874500 1907 Parker and Burke. Red seal. Very Fine 1779 F.93410.00 1862 Chittenden and Spinner. Red seal. Very Fine 1780 F.9541000 1863 Chittenden and Spinner. Red seal. Reverse with second obligation. Obverse with one serial number. Very Fine 75.00 1781 F.95A410.00 1863 Chittenden and Spinner. Red seal. Obverse with two serial numbers. About Uncirculated 125.00 1782 F.9641000 1869 Allison and Spinner. Large red seal. Extremely Fine 78.00 1783 F.100410.00 1880 Scofield and Gilfillan. Large brown seal. Very Fine 72.00 1784 F.107410.00 1880 Rosecrans and Huston. Ex- tremely Fine. Scarce 53.00 1785 F.108410.00 1880 Rosecrans and Huston. Large brown seal. Very Fine 41.00i1786 F.113410.00 1880 yons and Roberts. Small red seal. About Uncirculated 47.00 1787 F.116410.00 1901 Vernon and Treat. Red seal Uncirculated 58.00 1789 F.120410.00 1901 Teehee and Burke. Red seal Uncirculated 50.00 1790 F.122410.00 1901 Speelman and White. Red seal Uncirculated 63.00 1793 F.147420.00 1880 Elliott and White. Small red seal. About Uncirculated 35.00 1794 F.161450.00 1880 Rosecrans and Huston. Large brown seal. Fine/Very Fine 150.00 1795 F.164450.00 1820 Lyons and Roberts. Small red seal. Very Fine 130.00 SILVER CERTIFICATES 1796 F.21541.00 1886 Rosecrans and Jordan. Small red seal. Extremely Fine 45.00 40.00 1797 F.2174100 1886 Rosecrans and Hyatt. Large red seal. Very Fine 38.00 23.00 1798 F.22141.00 1886 Rosecrans and Nebeker. Very Fine 3700 1799 F.22341.00 1891 Tillman and Morgan. Red seal. 40.00 Very Fine 26.00 1801 F.22441.00 1896 Tillman and Morgan. Red seal. 21.00 "Educational" note. Uncirculated 75.0:; 1802 F.22641.00 1899 Lyons and Roberts. Blue seal. 10.00 Uncirculated 28.03 1206 F.22741.00 1899 Lyons and Treat. Blue seal. 17.00 Uncirculated 97.011 1808 F.22841.00 1899 Vernon and Treat. Blue seal. 32.00 Uncirculated 15.00 1810 F.22941.00 1899 Vernon and McClung. Blue seal. 75.00 Uncirculated 16.00 1812 F.23(41.00 1899 Napier and McClung. Blue seal. 40.00 About Uncirculated 11.00 1816 F.23441.00 1899 Elliott and Burke. Blue seal 60.00 Uncirculated 13.0 1817 F.23541.00 1899 Elliott and White. Blue seal. 16.00 Uncirculated 10.00 1825 F.23941.00 1923 Woods and Tate. Blue seal. Ex- 26.00 tremelv Fine 28.00 1826 F.24042.00 1886 Rosecrans and Jordan. Small red 25.00 seal. Low serial number B38. Uncirculated 130.00 1827 F.2424200 1886 Rosecrans and Hyatt. Large red 55.00 seal. Extremely Fine 50.00 1828 F.24342.00 1886 Rosecrans and Huston. Large red 75.00 seal. Very Fine . . .. 35.00 1829 F.24442.00 1886 Rosecrans and Huston. Large 30.00 brown seal. About Uncirculated 60.00 1830 F.24542.00 1891 Rosecrans and Nebeker. Red seal. 41.00 Low serial number E54. Uncirculated 190.00 1831 F.24642.00 1891 Tillman and Morgan. Red seal. 30.00 Very Fine 75.00 1832 F.24742.00 1896 Tillman and Morgan. Red seal 25.00 Second note of Educational series. Very Fine 82.00 1833 F.25542.00 1899 Parker and Burke. Blue seal. Ex- 11.00 tremely Fine 21.00 1834 F.25642.00 1899 Teehee and Burke. Blue seal 73.00 Uncirculated 31.00 PAGE 116 Paper Money WHOLE NO. 20 1836 F.26645.00 1891 Rosecrans and Nebeker. Red seal Very Fine 30.00 1837 F.26845.00 1896 Tillman and Morgan. Red seal Third note of Educational set. Very Fine 115.00 1839 F.27245.00 1899 Lyons and Treat. Blue seal Uncirculated 41.00 1840 F.27545.00 1899 Napier and McClung. Blue seal Uncirculated 50.00 1842 F.28245.00 1923 Speelman and White. Blue seal Uncirculated 110.00 1844 F.289410.00 1880 Bruce and Wyman. Large brown seal. Uncirculated 313.00 1845 F.292410.00 1886 Rosecrans and Hyatt, Small red seal. Very Fine 90.00 1846 F.294410.00 1886 Rosecrans and Huston. Large red seal. Very Fine 88.00 1847 F.298410.00 1891 Rosecrans and Nebeker. Red seal Low serial number E7. About Uncirculated 85.00 1848 F.300410.00 1891 Bruce and Roberts. Red seal Very Fine 57.00 1849 F.302410.00 1908 Vernon and Treat. Blue seal Extremely Fine 48.00 1850 F.309420.00 1880 Scofield and Gilfillan. Large brown seal. Fine/Very Fine 155.00 1851 F.319420.00 1891 Bruce and Roberts. Red seal Very Fine 88.00 1852 F.321420.00 1891 Parker and Burke. Blue seal About Uncirculated 100.00 1853 F.335450.00 1891 Parker and Burke. Blue seal Very Fine 190.00 TREASURY OF COIN NOTES 1855 F.34741.00 1890 Rosecrans and Hustnn. brown seal. Very Fine 1856 F.35041.00 1891 Rosecrans and Nebeker. Small red seal. Uncirculated 75.00 1861 F.35342.00 1890 Rosecrans and Huston. Large brown seal. Uncirculated 310.00 1862 F.35742.00 1891 Tillman and Morgan. Small red seal. Uncirculated 160.00 1864 F.36345.00 1891 Tillman and Morgan. Small red seal. Very Fine 60.00 NATIONAL BANK NOTES-FIRST CHARTER 1865 F.38041.00 1865 Colby and Spinner. Red seal, rays. First National Bank of Columbia, Pa. Very Fine 50.00 1867 F.38641.00 1875 Scofield and Gilfillan. Red seal First National Bank of New Bedford, Mass. Ex- tremely Fine 54.00 1868 F.38742.00 1865 Colby and Spinner. Red seal, rays Montpelier National Bank, Vermont. Very Fine This is the rare and desirable "Lazy 2" note 230.00 1869 F.40145.00 1875 Allison and New. Red seal. Merri- mack National Bank of Haverhill, Mass. Very Fine 75.00 1870 F.432420.00 1875 Allison and Wyman. Red seal. Second National Bank of Baltimore, Maryland. Very Fine 140.00 1871 F.440450.00 1865 Chittenden and Spinner. Red seal, rays. Third National Bank of Pittsburgh, Pa. Fine 385.00 NATIONAL BANK NOTES-SECOND CHARTER 1873 F.46845.00 1882 Bruce and Jordan. Brown seal. City National Bank of Binghamton, New York Uncirculated 105.00 1874 F.47545.00 1882 Tillman and Roberts. Brown seal San Francisco National Bank, California. Uncir- culated 105.00 1875 F.482410.00 1882 Rosecrans and Jordan. Brown seal. National City Bank of New York, N. Y Extremely Fine 31.00 1876 F.504420.00 1882 Lyons and Roberts. Brown seal Citizens National Bank of Bowling Green, Ken- tucky. Uncirculated 100.00 1877 F.53445.00 1882 Tillman and Morgan. Blue seal Fourth National Bank of Boston, Mass. Very Fine 42.00 1878 F.53445.00 1882 Tillman and Morgan. Blue Seal. Riggs National Bank of Washington, D. C. Type with 1882-1908 on reverse. Uncirculated 150.00 1880 F.542410.00 1882 Tillman and Morgan. Blue seal First National Bank of Mayfield, Kentucky. Type with 1882-1908 on reverse. Very Fine 41.00 1881 F.542410.00 1882 Tillman and Morgan. Blue seal Commercial National Bank of Charlotte, North Carolina. Type with 1882-1908 on reverse. Very Fine 44.00 1882 F.577-$10.00 1882 Lyons and Roberts. Blue seal Citizens National Bank of Morgantown, West Vir- ginia. Type with denomination spelled out on reverse. Very Fine 65.00 NATIONAL BANK NOTES-THIRD CHARTER 1883 F.60345.00 1902 Napier and Thompson. Blue seal. Victoria National Bank, Texas. Extremely Fine 35.00 1884 F.626410.00 1902 Vernon and Treat. Blue seal. Commercial National Bank of Raleigh, N. C Very Fine 33.00 1885 F.630410.00 1902 Napier and Burke. Blue seal National Bank of Tacoma, Washington. Very Fine 50.00 1887 F.632410.00 1902 Teehee and Burke. Blue seal. Anniston National Bank, Alabama. Very Fine 21.00 1888 F.635410.00 1902 Speelman and White. Blue seal State National Bank of Mineral Wells, Texas Very Fine 22.00 (To be continued) COLONIAL AND CONTINENTAL CURRENCY Kay Coin Service Corp. Sale of May 7, 1966 COLONIAL CURRENCY Lot 222 Connecticut, 5 Shillings, March I, 1780. Round hole cancellation, printed by Timothy Green. UNC. $ 13.50 223 Delaware, 20 Shillings, June 1, 1759. Printed by Ben Franklin & D. Hall, G-VG. 25.00 224 Delaware, 10 Shillings, January I, 1776. UNC. 15.00 225 Georgia, 20 Shillings, October 16, 1786. Long Note (61/2"x3"). Mouse chewed on lower right corner. EF. 75.00 226 Maryland, 8 Dollars, June 28, 1780. Guaranteed by the United States. UNC. 90.00 227 Massachusetts, 20 Dollars, May 5, 1780. Small hole cancellation and interest paid for one year. UNC. 12.50 228 New Hampshire, 1 Dollar, April 29, 1780. Guaran- teed by the United States, hole cancelled. VF. 15.00 229 New Hampshire, 3 Dollars, April 29, 1780. Guaran- teed by the United States, hole cancelled. VF. 16.00 230 New .lersey, 15 Shillings, December 31, 1763. UNC 30.00 231 New Jersey, 6 Shillings, March 25, 1776. UNC. 15.00 232 New Jersey, 3 Pounds, February 20, 1776. Signed by John Hart. VF. 40.00 233 New York, 10 Pounds, March 25, 1755. G. 50.00 234 New York, 1/3 Dollar, March 5, 1776. UNC. 45.00 237 New York, 1/2 Dollar, August 13, 1776. VF. 20.00 238 New York Water Works, 2 Shillings, August 2, 1775. UNC. 25.00 239 Pennsylvania, 2 Shillings 6 Pence, April 3, 1772. F 8.00 240 Pennsylvania, 2 Shillings 6 Pence. October 25, 1775 Half a Crown. Signed in red & black. UNC. 21.00 241 Pennsylvania, 10 Shillings, December 8, 1775. F. .. 12.50 242 Pennsylvania, 2 Shillings, April 25, 1776. UNC. 12.50 243 Pennsylvania, 16 Shillings, April 10, 1777. VF. 10.00 244 Pennsylvania, 20 Shillings, April 10, 1777. VF. 10.00 245 South Carolina, 2 Dollars, December 23, 1776. UNC 28.00 246 South Carolina, 70 Dollars, July 8, 1779. Prome- theus on reverse. Corners clipped otherwise EF. 40.00 247 Virginia, 400 Dollars, October 16, 1780. F. 40.00 CONTINENTAL CURRENCY 249 United Colonies, 4 Dollars, February 17, 1776. UNC. 16.00 250 United Colonies, 8 Dollars, February 17, 1776. UNC. 16.00 251 United Colonies, 6 Dollars, July 22, 1776. UNC. 19.50 252 United Colonies, 7 Dollars, November 2, 1776. VF. 9.50 253 United Colonies, 30 Dollars, November 2, 1776. UNC. 16.50 254 United States, 8 Dollars, September 26, 1778. VF. 9.50 Large 115.00 WHOLE NO. 20 Paper Money PAGE 1 1'7 SECRETARY'S REPORT New Membership Roster No. New Members Dealer or Collector Specialty 1701 Alan Mark Mendelson, 157 Grandview Ave., Nanuet, C Small size $1 N. Y. 10954 1702 Gregory Scott Kraner, 7452 Parkdale Ave., Clayton, Mo. C Current U. S. 63105 1703 Shemin D. Friedman, 9142 W. Church St., Des Plaines, C Silver certifkates & national currency Ill. 60016 1704 Alex Kapor, 39 Marcy Place, New York, N. Y. 10452 C Small size U. S. 1705 John Rose, 1789 Juniata Rd., Akron, Ohio 44305 C 1,06 Joseph D. Rivnyak, 135 Chestnut Ridge Rd., Bethel, C Small size U. S. Conn. 06801 1707 George Staats, P. 0. Box 1372, Plainfield, N. J. 07060 C, D 1708 Bob L. Albin, P. 0. Box 1662, Ft. Stockton, Texas 79735 C Small size U. S. 1709 J. Brian Brooks, Rm. 8526, Federal Bldg., Box 10106, C Virginia obsolete currency Richmond, Va. 23240 1710 Ray L. Russell, 425 East Council St., Salisbury, N. C. C 1929 national currency & North Carolina state 28144 1711 Eugene 0. Rains, P. 0. Box 25, Brandon, Ha. 33511 C U. S. 1712 Gerard J. Rossi, Ironstone St., Millville, Mass. 01529 C 1713 Lou H. Leff, 4601 N. Monticello Ave., Chicago, Ill. C, D 60625 1714 John J. Karr, 103 N. Rodney, Helena, Mont. 59601 C, D U. S. 1715 Constantino Meccarello, 228 Vassar Road, Poughkeepsie, C, D U. S. N. Y. 12603 1716 William B. Warden, Jr., 179 Aquetong Rd., New Hope, C Pa. 18938 1717 James R. Hanna, Box 118, USL, Lafayette, La. 70506 C Obsolete currency 1718 Miss Frances Navratil. P. 0. Box 747, Beverly I fills, C U. S. Cal. 90213 1719 William J. Doovas, 1285 Blackstone Rd., San Marino, C U. S. small size & errors Cal. 91108 1720 Edgar S. DeMeyer, 13 Colonial Village, Hampden, Mass. C Small size U. S. 01036 1771 Harold F. Coffey, P. 0. Box 471, Lenoir, N. C. 28645 C Large size U. S. 1772 Walter Lukashevich, 29 Colony St. Rm. 2, Meriden, D U. S. & Foreign Conn. 06450 1773 William T. Bell, P. 0. Box 151, Sanford, Fla. 32771 C Large size U. S. 1774 Gordon W. Eeles, 1168 49th St., Sacramento, Cal. 95819 C U. S. & Foreign 1775 John W. Kroger, 407 So. 9th St., Marshalltown, Iowa C U. S. & Confederate 50158 1776 Col. John W. Hammond (Ret.), 10154 Desert Hills C Small size U. S. & errors Drive, Sun City, Ariz. 85351 1777 Edward I. Oliver, P. 0. Box 143, Norris City, III. 62869 C Large size U. S. & Confederate 1778 L. E. Saltzman, 2807 Asbury Ave., Kalamazoo, Mich. C 49001 1779 Murray M. Stanhope, 60 East Main St., Dover-Foxcroft, C General Maine 04426 1789 Richard Marzian, 1318 E. Breckinridge, Louisville, Ky. C Small size U. S. 40204 1781 S. W. Weston, P. 0. Box 36, Gorham, Maine 04038 C General 1782 John E. Gautsch, :217 State St., La Crosse, Wis. 54601 C 1783 Mrs. Henry 0. Severson, 11616 - 25 Ave. South, Seattle, C Small size $1 & $2 Wash. 98168 1784 Mrs. Russell Cunningham, Jr., 3621 Country Club Rd., C U. S., CSA & state of Alabama Birmingham, Ala. 35213 1785 Edward T. Land, P. 0. Box 1116 Sta. E, Buffalo, N. Y. C Small size U. S. 14211 1786 Conrad C. Tindell. 8827 East Artesia Blvd. SP18, Bell- C CSA flower, Cal. 90706 1787 Alvah Tetrault, P. 0. Box 63. Walhalla, N. D. 58282 C 1788 George McGahey, Osaki P. 0. Box 25, Shinagawa Ku, C General Tokyo. Japan 1789 Edward M. Meister, 11 Short St., Bergenfield, N. J. C Currency of the Americas 07621 1790 Harry Karr, 39 Navy St., Venice, Cal. 90019 C. D Africa notes 1791 Dave Ungerman, 171 Dewbourne Ave., Toronto 10, C Canadian Ontario, Canada 1702 Bill Syverson, 423 5th Ave. E, Redfield, S. D. C 1793 George Kuba, 224 - 1st. St. NE, Cedar Rapids, Iowa C Iowa obsolete currency 52401 1794 Andrew Choma, P. 0. Box 115, Morgan, Pa. 15064 D Small size U. S. 1795 Donald Roberts, P. 0. Box 162, Hampton, Va. C PAGE 1 1 8 Paper Money WHOLE NO. 20 1796 T. 0. Broi\ P. 0. Box 96, Frostproof, Ha. 1797 James S. Cunningham, 320 Law Bldg., Norfolk, Va. 23510 1798 Federico Martinez, Apartado 33 (Padre Mier 1559) Monterrey, N.L., Mexico 1799 Lawrence R. Hosmann, USS Hollister DD 788, FPO San Francisco, Cal. 96601 1890 John Sawyer McChord, 2680 Noble Road, Cleveland Heights, Ohio 44121 1801 Roy Peterson, 1421 - 23rd St., Manhattan Beach, Cal. 90266 1802 0. M. Sanders, Box K, Albany, Ga. 31702 1803 George E. Svoboda, 17 W. 251 Hillside Lane, Hinsdale, III. 60521 1804 Joseph E. Seiter, 3622 N. Dearborn St., Indianapolis, Ind. 46218 1805 George Conrad, 843 College Ave., Racine, Wis. 53403 1806 Garland S. Stephens, P. 0. Box 243, Wytheville, Va. 24382 1807 Henry Gogolin, 1052 East 174th St., Cleveland, Ohio 44119 1808 Edwin W. Williams, P. 0. Box 1286, Chicago, Ill. 60690 1809 Lowell L. Owen, 717 Main St., Adel, Iowa 50003 1810 Louis J. Wert, Franklin St. P. 0. Box 222, Kulpsville, Pa. 19443 1811 Jasper Fiorenza, 2025 Andrews St., Rockford, Ill. 61103 1812 Charles Wm. Danger, 1C23 Armstrong Blvd. South, St. James, Minn. 5(081 1813 William Stagles, 9 Rutherford St., Binghamton, N. Y. 13901 1814 M. W. Sanderson, 772 Irvin Ave., Meadville, Pa. 16335 1815 James J. Vallone, 1617 8th Ave., Bethlehem, Pa. 18017 1816 Egon Wolff, 5136 Linnean Terrace, N. W., Washington, D. C. 20008 1817 Rene C. Day, Rt. 1, Box 93, Ripon, Cal. 95366 1818 Lester Wolf, 16 Whitford Ave., Nutley, N. J. 07110 1819 Joe E. Compton, 1008 Wildwood Drive West, Prospect Heights, III. 60070 1820 Hank Spangenberger, P. 0. Box 203, Englewood, Ohio 45322 Change of 780 Q. David Bowers, 5055 N. Main St., Dayton, Ohio 45415 1162 Robert Babbish, Heathwood Dr. Apt. LI, Hightstown, N. J. 08520 22 Robert W. Cornely, 118 Glendale, Rome, Ga. 30161 1479 Miss Mayre B. Coulter, 6 Sutton Pl. Apt. 5, Maple St., Agawam, Mass. 01001 1502 Harold R. Cox, 521 W. McArthur Blvd., Oakland, Cal. 94609 435 Maurice L. Drake, 5541 W. 24th St., Topeka, Kans. 66614 65 Aaron R. Feldman, P. 0. Box 854, New York, N. Y. 10023 1604 E. Foedish, Box 209, 130 Del Monte, El Granda, Cal. 94018 1535 Charles Matthew Feldman. 4041 Brooksmont Rd.. Peoria, Ill. 61614 1294 Wayne A. Faulkner, 30 Henman Ave., Carteret, N. J. 1185 James J. Conway, MD, Hospital of the Univ. of Pa., 34th & Spruce Sts., Philadelphia, Pa. 19104 1660 E. J. Kirchoff, 922 Alpine Drive, Brandon, Fla. 33511 1601 Donald C. Hoge, RR2 Box 221, Danville, Ind. 46122 272 Thomas F. Helmick, 1214 Houstonia, Royal Oak, Mich. 48023 1188 Edward A. Lamprey, 5 Rock Pond Ave., Georgetown, Mass. 01833 704 Wayne L. Morgan, 1535 Williams, Springfield, III. 62704 269 John H. Miller, 1675 Kay Drive, Florissant, Mo. 63031 827 Maj. William J. Pardee, 4433 Rena Rd. Apt. 2, Forest- ville, Md. 20023 1180 Bruce Robinson, 348 Sardis Rd. North, Charlotte, N. C. 28212 1639 Ernest E. St. Laurent, 117 High St., Foxboro, Mass. 02035 1388 Gary D. Hacker, 1221 Peoria St., Lincoln, Illinois 62656 1674 Morgan R. Johnson, 1362 Ratliff, c/o Paul King, Rich- mond, hid. 47374 C C Large size U. S. C Mexico, Spain & China C Modern Germany & general foreign C U. S. type notes C Large, small & fractional C Small size U. S. C Indiana obsolete bank notes C Small size U. S. C, D Obsolete & southern colonial, Virginia C Fractional & large size U. S. C, D $3 notes, Iowa nationals and obsolete, odd denominations C U. S. C. D National currency C Small size U. S. C Federal reserve notes C, D Large size U. S. C U. S. C U. S. C $1 silver certificates & federal reserve notes C New.. Jersey obsolete notes C Small size U. S. C, D $1 U. S. & colonial notes Address 565 Lt. Bernard J. Schaaf USNR, Mount Zion Hospital, 1600 Divisadero St., San Francisco, Cal. 94115 34 John L. Heflin, Jr., Route #1, Forest Lawn Drive, Brent- wood, Tenn. 37027 660 Kurt E. Eckstein, 101 Edgewood Dr., Streanwood, Ill. 60103 1010 Joseph T. Kivlin, 242 Chapel St., Gardner, Mass. 01440 677 Joseph D. Attwood, Martin's Trailer Park, 12300 Semi- nole Blvd., Largo, Fla. 33540 363 Werner Amelingmeir, 2071 Park Ave. East, Merrick, N. Y. 11566 435 Maurice L. Drake, 5541 W. 24th St., Topeka, Kans. 66614 1199 John J. O'Hare, P. 0. Box 74 Station H, Buffalo, N. Y. 14214 1207 Robert S. Marshall, 308 Impala Dr., Hazelwood, Mo. 63042 1224 Howard F. Snure, Jr., Gramont Manor Apt. 302, 120 Seward Ave., Detroit, Mich. 48202 595 Bill Waites, 205 Nicola St., Kamloops, B. C., Canada 224 Vernon L. Brown, 7178 East Tropical Way, Plantation, Fla. 33314 1240 Jeff Wexler, 301 East Nelson St., Lexington, Va. 24450 73 John T. Walker, 215 DeHart St., Blacksburg, Va. 24060 1475 William E. Florence, 201 N. Ocean Blvd. Apt. P1-19, Pompano Beach, Fla. 33062 20 _Julian S. Marks, 4201 Victory Pkwy., Cincinnati, Ohio 45229 636 John H. Jenkins, P. 0. Box 2985, Austin, Texas 78767 94 Louis L. Spirt, 17 Cottage Place, Waterbury, Conn. 06720 1611 George Geer, P. 0. Box 333, Whitman, Mass. 02382 '09 Loyde R. White, 3021 East 4th St., Dayton, Ohio 45403 592 Richard L. Hood, 1875 Woodside, Trenton, Mich. 48183 1733 Stanley W. Scieszka, General Delivery, Lake Mary, Fla. 32746 WHOLE NO. 20 Paper Money PAGE 119 1631 E. L. Sander, 240 Hibiscus Ave. Apt. 212 Bldg. 2, Ft. Lauderdale, Fla. 33303 Deceased 1271 M. D. Stiman, 1709 Kenyon Dr., Tustin, Cal. 92680 265 Walter G. Heinzle 1696 D. J. Torrance, 11150 Conway Rd., St. Louis, Mo. 63131 96 Gary E. Nathan 1628 L. R. Weitzel, Otrs 501 - 23rd St., Ft. Belvoir, Va. 22060 1652 William S. Houston 676 Rev. Robert T. Webster, 124 Sunset St. R-I, Vestal, N. Y. 13850 Resignations 1425 Ralph C. Russell, 1501 East Broad St. Apt. 4B, Hazel- ton, Pa. 18201 1401 1 'amid Smallridge FOR SALE TO THE HIGHEST BIDDERS TO CLOSE ESTATE: Fr. # Denom. Quan. Condition Fr. # Denom. Quan. Condition 1215 $100.00 2 Fine to Circ. S-2135 20.00 1 Poor 1206 100.00 1 Fine S-2057 10.00 1 Fine 1183 20.00 1 Fine 1860-E 10.00 1 Fine 1185 20.00 2 Fine to Circ. 1860-H 10.00 1 Good 1186 20.00 1 Fine 1860-G 10.00 1 Circ. 1052 50.00 1 Very Fine 2000-H 10.00 1 Fine 1019 50.00 2 Circ. 2006-B 10.00 3 Unc. 665 50.00 1 Circ. 7006-F 10.00 1 Very Fine 666 50.00 1 Circ, 2004-F 10.00 1 Very Fine 2101-H 50.00 5 Unc. 7002-H 10.00 2 Fine 1880-i 50.00 1 Fine to Circ. 1 95-1-1 5.00 2 Fine S-2106 20.00 1 Fine to Circ. 1961 -H 5.00 5 4 Very Fine, 1 Fine All offers must be received by January 1, 1967, to be considered at the crFcretion of the referees. Address: N. KRAUS, P. 0. Box 5741, Normandy, St. Louis, Missouri 63121 * 'The Trading Post * The members listed below are interested in trading notes. Please contact them directly if you are interested in trading. The fee is $2.00 per listing for two issues. Please note new categories. All future insertions should be sent directly to the Editor. 1. U. S. LARGE NOTES 5. FOREIGN CURRENCY 2. U. S. LARGE NATIONAL BANK NOTES Ronald Horstman Rt. 2 Gerald, Mo. 3. U. S. SMALL NOTES Ronald Horstman Rt. 2 Gerald, Mo. John F. Wall 2110 Wolcott St. Flint 4, Mich. 4. U. S. SMALL FEDERAL RESERVE NOTES Jack Adelmann P. 0. Box 2211 Cleveland, Ohio 44109 Frank T. Kennedy 756 Bentley Dr. Birmingham, Ala. Grant H. Woldum c/o Federal Reserve Exchange 116 River St. Decorah, Iowa 52101 6. OBSOLETE PAPER MONEY (Colonials, Continental, Confederate, Broken Bank Notes, Scrip, etc.) C. J. Affleck 34 Peyton St. Winchester, Va. George R. Eardsley 748 West Camino Real Coca Raton, Fla. 33432 7. MILITARY CURRENCY (War, Occupation, Concentration Camp and Emergency Issues) 8. FRACTIONAL CURRENCY 9. MISMATCHED SERIAL NO. NOTES ?ant -4r:tor& a tie o la Hole ,Adnano oma PACE 120 Paper Money WHOLE NO. 20 Ws in the Books E. / Earl Hughes QUESTION: When was the first bank failure in America? ANSWER: " 'Til 1809 no failures had occurred among American banks, which were better managed, on the whole, than their intercourse with the powers of political darkness from time to time would lead one to expect. But in the early spring of 1809, the failure of the Farmers Exchange Bank, Glocester, Rhode Island, made up for all the respectability American banks had displayed . . ." —Banks and Politics in America, (Page 192), by Bray Hammond QUESTION: What was the Joshua Formon plan for New York banking in 1829? ANSWER: "It was at this time (1829) Joshua Formon presented his plan to the governor for improving the banking system. His plan emphasized especially security for note issues, Because of their charters and the pro- hibition of private banking, the chartered banks had the exclusive privilege of furnishing a paper currency by which they made a profit. Therefore the State should exact a guaranty for the soundness of the paper. The banks should in common be answerable for it. The idea was that all banks in the State should be formed into an association, so far as that all should be liable for the obligations of each, and yet allow the property and profits to belong to each severally . . . each bank to contribute a percentage of its capital to a common fund for the payment of all the debts of an insolvent bank . . ." —The Safety Fund Banking System in New York State: 1829-1866, by Robert E. Chaddock QUESTION: What was the first country to issue paper money? ANSWER: "Logically China was the first country to issue paper money, for paper and printing were both Chinese inventions—and what is more, the Chinese em- pire was strongly centralized at a time when European nations were still struggling for unity. "The invention of paper in China is usually dated about 100 A.D. (It did not come to Europe until some thousand years later, when it was introduced by the Moors in Spain.) Printing with movable blocks was invented in China about 50 B.C. This was 1500 years before the invention of printing with movable type in Europe. Thus China had a considerable head start in opportunities to use paper money."—Fred Reinfeld. The Story of Paper Money. (Note: Any of the above mentioned books may be bor- rowed by members from the Librarian, Earl Hughes, Rt. 2, Mitchell, Ind. 47446, for the cost of postage and pack- ing only. This is a free service of SPMC to its members, who should avail themselves of it.1 ASSIGNATS OF FRENCH REVOLUTION AND OF 1st ROMAN REPUBLIC (1798-9) • PONTIFICAL STATE ITALY AND FOREIGN PAPER MONEY • Please write to: ALFREDO P. MARCON Via dei Coronari, 112 Roma - 2, Italia PAPER MONEY OBSOLETE NOTES—Singles and uncut sheets, "over 200 differ- ent uncut sheets in stock." Price list available. CONFEDERATE CURRENCY—price list by type number avail- able. FRACTIONAL AND CONTINENTAL NOTES UNITED STATES—LARGE AND SMALL CURRENCY FOREIGN NOTES—MILITARY CURRENCY We don't have everything but we have helped out many a collector and we are constantly buying any kind of paper money whenever offered at a reasonable price. We do have some price lists available free. Ask for them. BUT we would appreciate your want list by variety, city,state or country or catalog number if listed so wecan serve you better. We will then quote or send notes on approval. We keep you on file. we also do some business in land grants, documents, stock certificates, early checks, medals, politicals, stamped envelopes, Lincolnia, maps, early newspap- ers, Civil War historical material. Correspondence invited. AMERICANA GALLERY H. F. JENNE P. 0. BOX 4634, FORT LAUDERDALE, FLORIDA Phones Office 565-7354 Res. 52 2-3630 area code #305 WE BUY SELL AND TRADE OFFICE HOURS BY APPOINTMENT P. S. U. S. PAPER MONEY FOR THE COLLECTOR Specializing in small and large size paper money. Buying, Selling, Trading. Send for our catalog: Catalog #4 1966/67. WE ARE BUYING Small and large quantities of new and circulated paper money wanted. If you have any to sell please write for our buying list. To those members who have received our list #4 as members of the S. P. M. C., and wish to continue to receive our Catalogs FREE: send in the coupon that was enclosed with the catalog, if you have not already done so. Many Thanks. ELGEE COINS WANTE1) National Bank Currency FROM TEXAS LUFKIN NATIONAL BANK 5797 and ANGELINA COUNTY N. B. 6009 ALSO WANT TO BUY OTHER MATERIAL FROM LUFKIN AND ANGELINA COUNTY PLUS VOLUMES 1 AND 2 OF PAPER MONEY BOBBY SOWELL 316 HUMASON LUFKIN, TEXAS 75901 SPMC 752 Rare Historical Pamphlets on Paper Money First Essays at Banking and the First Paper Money, by J. Hammond Trumbull, 1884 $10.00 Certain Additional Notes Touching upon the Subjects of Ignominious Punishments and the Massachusetts Currency, by Andrew McFarland Davis, 1899 12.00 Connecticut's Engraved Bills of Credit, 1709-1746, by Albert C. Bates, 1937 8.00 The Fund at Boston in New England, by Andrew McFarland Davis, 1903 10.00 The General Court and Land Bank Litigants, by Andrew McFarland Davis, 1897 10.00 Emergent Treasury-Supply in Massachusetts in Early Days, by Andrew McFarland Davis, 1905 10.00 The Massachusetts Bay Currency, 1690-1750, by Andrew McFarland Davis, 1899 15.00 A History of Banking and Currency in Chio Before the Civil War, by C. C Huntington, 1915, 304 pp. 22.00 AL HOCH HARVARD ROAD STOW, MASSACHUSETTS P. 0. BOX 388 COOPER STATION NEW YORK, NEW YORK 10003 Proprietor member ANA, SPMC, etc. PAPER MONEY U. S. LARGE SIZE CURRENCY U. S. SMALL SIZE CURRENCY U. S. FRACTIONAL CURRENCY LIST AVAILABLE STAMP PLEASE THEODORE KEMM 915 West End Avenue New York, N. Y. 10025 CONFEDERATE NOTES $50.00 C.15-Unc. Green stamp $21.00 20.00 C.31-Unc. 7.50 100.00 C.56-Unc. 10.50 100.00 C.58-Unc. 12.00 50.00 C.64-X.F. coc 5.00 50.00 C.75-Unc. 6.00 20.00 C.99-X.F. 58.50 20.00 C.101-X.F. 4.50 20.00 C.107-X.F. 4.50 20.00 C.113-X.F. 7.00 20.00 C.129-X.F. 4.00 20.00 C.131-X.F. 4.25 20.00 0.139-Unc. 10.00 20.00 C.141-Unc. 10.00 20.00 C.142-X.F. 5.00 10.00 C.231-Unc. 10.00 10.00 C.237-X.F. coc 18.00 10.00 C.238-A.U. 8.50 5.00 C.244-V.F. 22.00 5.00 C.248-Fine (sm. cor. off) 50.00 5.00 C.254-X.F. coc 5.00 5.00 C.264-X.F. cc 10.00 5.00 C.274-Unc. 8.25 5.00 C.278-A.U. 5.50 5.00 C.284-X.F. cc 9.00 5.00 C.285-V.F 9.00 100.00 C.291-V.F 3.50 100.00 C.298-A.U. 3.50 100.00 C.318-Unc. 4.50 100.00 C.319A-V.F 3.25 10.00 C.369-X.F. 3.00 10.00 C.377-A.0 3.25 100.00 C.403-Unc. 16.00 500.00 C.489-Unc. 15.00 5.00 C.565-Unc. 2.00 2.00 C.567-Unc. 5.00 1.00 C.573-Unc. 7.00 Many other CSA, southern state, colonial, obsolete, etc., in stock. Want lists solicited. RICHARD T. HOOFER P. 0. Box 196 Newfoundland, Penna. 18445 ATTENTION * * I will Pay $150.00 for * a Sheet of Old Bank Checks on the Original Bank of Giles of Pearisburg, Virginia. * * I will Pay $300.00 for a Sheet of Broken Bank Bills on the Original Bank of Giles. I will Pay $100.00 for a PROOF Broken Bank Note on the Bank of Giles. Denomination of $10.00. I will Pay $75.00 for a Sheet of Old Bank Checks on the Trans-Alleghany Bank of Virginia of Jeffer- sonville, * * * I can Offer a few Original recently Discovered Un- cut Sheets of Old Coal Mine Scrip of Gilliam Coal & Coke Co. of Gilliam, W. Va. in denominations of $3.00 $5.00 $10.00. 3-3-3-3 Printed in Yellow. 104- 5-5-5-5 Printed in Red. 194- 10-10-10-10 Printed in Green. 194- The Set of 3 complete Sheets $25.00 with condi- tion about Perfect. If only one Sheet is wanted, the price is $9.00. Marietta, Pa. July 1837. 2-1-50c-25c-20c-10c Comolete Sheet of 6 Bills in Abt. Unc. condition. $29.50. WILL BUY National Bank Currency Large or Small SIGHT UNSEEN for $3.00 OVER FACE No duplicate cities will be accepted from you or if I already have the city. Write DENO EVANGELISTA 3001 Arden Way Sacramento, Cal. 95825 Frank F. Sprinkle P. 0. BOX 864 BLUEFIELD, W. VA. 24701 I \ NIP:MC.% 1?' • 031 31 :3 A cr.,A-re vt11,, n a 1 • 370 ,31 -;.1 BROKEN BANK e HERE'S TOM SETTLE SPECIALIZING IN and other obsolete U. S. Currency available S. CI, R IF NCY I have a large stock on hand at all times and will be happy to add your name to my mailing list. • WHETHER BUYING OR SELLING Please Contact WARREN HENDERSON Obsolete Currency Specialist P. 0. BOX 1358, VENICE, FLA. 33595 1861 TO DATE Probably have Largest Stock Paper Money available on East Coast United States today. Lists available and complete for a Ten Cent Stamp. Member S. P. M. C., A. N. A., R. C. D. A. and many others. Will buy or sell. Price your notes. I price mine. For List send to THOMAS J. SETTLE Box 1173 Church St. Sta. New York, N. Y. 10008 MAJOR ERROR NOTE MISMATCHED SERIAL NUMBERS CONDITION IS STRICTLY CRISP UNCIRCULATED. Money-order $39.50 each or will trade for $36 in uncirculated currency or 4 1964 proof sets or 4 rolls Kennedy halves. Can furnish consecutive numbers. $1, $5, $10 Federal reserve notes beginning 0000, also $1 1957 Silver certificates, plate number 1 both sides and position number 1 beginning 0000 exchanged for other currency I can use or will sell. Send stamped envelope for price-list uncirculated small notes. Wanted low numbered or odd numbered or error bills. Richmond Federal Reserve Notes $1, $5, $10 denomi- nations exchanged for others. Write first. Also have matched pairs, trios and even four $1 FRN with identical numbers for sale or exchange. JAMES W. SEVILLE BOX 866, STATESVILLE, N. C. WANTED • Obsolete Bank Notes, Scrip, Store Cards, and Tokens From NEW JERSEY Buy or Trade • J. M. DUPONT 77 Myersvilie Rd. Chatham, N. J. Member Society Paper Money Collectors #630. Charter Member #86 Paper Money Collectors of Michigan Blue Ridge Numismatic Assn. Inc. #1384. American Numismatic Association R-53295 Reference—Northwestern Bank, Statesville Phone—Area Code 704 873-7462 FRACTIONAL CURRENCY SERIES I buy and sell anything in the FRACTIONAL CURRENCY SERIES SINGLES SHEETS SHIELDS SPECIMENS PROOFS Try a specialist in this series for all your needs. SELL TO A SPECIALIST FOR THE BEST PRICE. Thomas E. %Verner Virginia Obsolete Notes Wanted Notes From the Following Cities & Towns ALEXANDRIA NORFOLK CHARLOTTESVILLE RICHMOND 11819 COVINGTON ISSUE) DANVILLE STAUNTON MIDDLEWAY WARRENTON Notes From ACCOMACK BATH CHARLOTTE CRAIG FAIRFAX GILES GOOCHLAND GREENE HENRY KING & QUEEN LANCASTER MERCER NELSON The Following Counties NORFOLK NORTHUMBERLAND PENDLETON PRESTON RAPPAHANNOCK RICHMOND ROANOKE STAFFORD TAZEWELL WISE WOOD WYTHE RICHARD JONES 505 N. WALNUT ST. WEST CHESTER, PA. P. O. Box 1981 Roanoke, Virginia 24009 WANTED COLONIAL & CONTINENTAL CURRENCY I would like to buy the following for my personal collection: UNCIRCULATED COLONIAL & CONTINENTAL PAPER MONEY, ESPECIALLY PENNSYLVANIA NOTES SCARCE BOOKS & PAMPHLETS PERTAINING TO COINS & PAPER MONEY IN THE AMERICAN COLONIES, e.g. "Historical Account of Connecticut Currency" by Henry Bronson "Historical Sketch, Continental Paper Currency" by Samuel Breck "Counterfeit Half Pcnce in the American Colonies" by Wyllis Betts "Historical Account of Massachusetts Currency" by Joseph Felt I am also interested in books by Hickcox, Paine, Phillips, Potter, Rider, etc. 11 ST HOLIDAY WISI-I ES to ALL M EMI ERS Note—Listings of my duplicate U. S. Currency (135 large size and 28 small size) and 550 obsolete notes are available on request. Collectors of obsolete notes should mention the states in which they are interested. Will trade. G. W. WAITJAMES R. HOSLER80 South Main St., Manheim, Penna. 17545 A.N.S. S.P.M.C. A.N.A. BOX 165 GLEN RIDGE, N. J. 07028 2H $10.00 2J 10.00 2K Star 20.00 2L 9.00 3A 10.00 3E 10.00 3E Star 15.00 3F 11.00 3G 8.50 3H 12.00 3K 8.50 31< Star 10.00 3L 10.00 7B 10.00 7B Star 17.50 505-17G $10.00 505-17L 12.00 505-17L Star 17.50 510-1A #A40A 75.00 510-1D # D2000A 55.00 510-2D 35.00 510-3G 40.00 510-4G AU 75.00 520-1A #A30A 100.00 520-1 F Star 80.00 520-3G 45.00 520-51 Star 75.00 520-6L 45.00 520-8F 50.00 520-8F Star 60.00 RESPONSIBILITY P.N.G. 65 Small Size Currency SILVER CERTIFICATES 201-2 $10.00 201-14 $10.00 205-5 $10.00 201-9 3.00 Low # A00000579A 210-6 Star 30.00 201-10 10.00 205-4 12.50 210-5 20.00 201-11 7.50 205-5 Star 20.00 210-6 17.50 LEGAL TENDER 102-6 $27.50 105-3 $22.50 105-4 $20.00 105-7 $15.00 FEDERAL RESERVE BANK NOTES SERIES 1929 $40.00 450-I AU $100.00 40.00 400-E 250.00 100.00 400-G 200.00 100.00 400-K 200.00 405-D $25.00 410-H 405-G 25.00 420-G 405-K 50.00 450-B 410-G 30.00 450-G FEDERAL RESERVE NOTES 505-1A #A 90A $35.00 505- 505-1G #A105A 50.00 505- 505-2E 30.00 505- 505-3H 25.00 505- 505-4F XF 140.00 505- 505-5F XF 175.00 505- 505-6GL 45.00 505- 505-6K 25.00 505- 505-7L 20.00 505- 505-11E 9.00 505- 505-11 J 11.00 505- 505-11 K 11.00 505- 505- 11F 10.00 505- 505-12A Star 12.00 505- 505-12B 8.50 505- 505- 12E 10.00 EMERGENCY SERIES H520-1 1934 Hawaii VF $80.00 UNCUT SHEETS $1.00 1935-D $400.00 $2.00 1928-F 425.00 All notes listed are Uncirculated unless otherwise marked. Above notes numbered according to "U. S. Small Size Paper Money" by William P. Donlon. Orders under $50.00 add 50c for postage and handling. Please send list of other notes needed. LIFE MEMBER A.N.A. 402 gohn 9/. Row, III NUMISMATIST P. 0. BOX 2381 DALLAS, TEXAS 75221 LARGE SIZE GOLD CERTIFICATES F1169 $10. 1907 Napier-McClung AU 59.50 Fl 171 $10. 1907 Parker-Burke AU 59.50 New 79.50 Fl 173 $10. 1922 Speelman-White AU 52.50 New 72.50 F1183 $20. 1906 Napier-McClung VF 52.50 F1 184 $20. 1906 Napier-Thompson VG 62.50 F/VF 79.50 Fl 185 $20. 1906 Parker-Burke VF 49.50 AU 72.50 F1187 $20. 1922 Speelman-White AU 72.50 F1212 $100 1882 Napier-Burke Vf/Ef 175.00 DONLON'S "SMALL SIZE U. S. PAPER MONEY" 1967 EDITION THE LITTLE BOOK WITH THE BIG IMPACT JUST RELEASED. SAME LOW PRICE $1.10 PPD. USUAL DISCOUNT TO CLUBS AND DEALERS. DOZ. LOTS Want To Buy Important Collection OF UNITED STATES PAPER MONEY ALSO SINGLES AND UNCUT SHEETS, LARGE AND SMALL SIZE. PLEASE QUOTE PRICE. TRADE IN YOUR DUPLICATES. LIBERAL ALLOWANCE TOWARD NOTES YOU MAY NEED. NOW IN DEMAND! Series 1928 to 1963A Federal Reserve Notes Denomination $5.00 to $100.00 Complete your series now. Large supply available. Will accept your dupli- cates in trade if uncirculated, at 80% of my selling price, on note for note basis. Send large stamped envelope for list of Federals now available. WILLIAM P. DONLON United States Currency Exclusively and Full Time! A.N.A. 4295 Life Member No. 101 UTICA, NEW YORK 13503 pRofEssioNan NUMISMWISTs %ui LD .INc S. P. M. A. No. 74 P. 0. BOX 144