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Banknote Reporter

Banknote Reporter

June 2021
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The the most comprehensive monthly source of news and information on bank notes and all related fiscal paper. Each issue of Bank Note Reporter includes market values, calendar listings, news briefs, price guides, historical articles on paper money and why certain notes were created. Reports on the people, events and history that have contributed to this hobby make for fascinating reading. For both the new enthusiasts and the veteran collectors.

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Country:
United States
Language:
English
Publisher:
Active Interest Media
Frequency:
Monthly
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12 Issues

in this issue

7 min.
frost bank in san antonio, texas

I have always found the notes of the private name national banks, those named for a particular person or family, to be among the most desirable of national bank notes. During the National Currency era, often the reputation of a bank rested squarely on the shoulders of its founders and officers. Well-known bankers who operated private banking houses prior to becoming part of the national currency system often did not want to change the personal nature of their banking business. Titling the national bank after themselves or their family seemed a logical thing to do, furthering the confidence of the local citizenry, and providing no less an ego trip for the founder. Notes of the private name national banks are highly sought after, especially when they bear at least one signature…

3 min.
simplified procedure for identifying the manufacturers of plates used to overprint 1929 nationals

Purpose The purpose of this article is to provide a procedure that will allow you to identify the manufacturer of the overprinting plate used to print the bank information on any Series of 1929 national bank note. This procedure is far easier to use and more fool proof than previously versions circulated by James Simek or published in Huntoon and Simek (2014). Series of 1929 Overprinting Plates Three different manufacturers made the typographic overprinting plates that applied the black bank information to Series of 1929 national bank notes. Most of the overprinting plates were made by Barnhart Brothers & Spindler, a Chicago firm that was awarded a contract by the Bureau of Engraving and Printing to supply all the overprinting plates. The BBS plates were called logotypes, which were cast using a hard metal…

1 min.
reader’s showcase

The Farmers National Bank of Marshalltown, Iowa, charter 2115, was the second of four note-issuing banks that were organized there. It was organized June 12, 1873, and chartered June 30. The bank was liquidated September 18, 1875, a little over two years later, just before the only plate made for it, a 5-5-5-5 Original Series, could be altered into an 1875 form. The bank had a circulation of $27,000 at that time and over its lifetime the bankers went through 1,590 sheets of Original Series $5s. Only $125 worth of them are reported to have been outstanding in 1910. Iowa national bank note aficionado Cody Regennitter reeled this rarity in, the second to be reported from the bank, with the other in the Higgins Museum in Okoboji. This note is…

7 min.
central bank of surinam and its colorful note issues

NOTE: This article is the third of a four-part series covering the paper currency of Surinam. Issues beginning in 1957 from the Central Bank are presented here. 1957 Issue The Central Bank of Surinam was established in 1957, after Surinam began to develop degrees of self-government from the Netherlands starting in 1954. The Bank Act of 1956 allowed for the implementation of this new bank. The initial issue of the bank consisted of five denominations: 5, 10, 25, 100 and 1000 gulden. A totally revised design was developed by Johann Enschede for this printing, and all notes made use of it. The only difference besides the denomination was the color. For collectors this issue poses some difficulty, especially for the higher values. As is usually the case because fewer were saved, they…

2 min.
heritage world paper money auction preview

As the world opens up more and the end of the COVID-19 pandemic is in sight, we are looking forward to some more memorable lots to cross the auction block. This issue we’re looking ahead at Heritage’s June Hong Kong World Paper Money Auction. With hundreds of notes to look at, we chose just a few to get an idea of what will be offered at was is sure to be a notable auction. To check out more, visit www.ha.com.…

3 min.
reviewing the tabacco family collection

Reviewing the April Tabacco Family Collection was a special treat for me. This collection, although on a much greater scale, closely follows my favorite areas of currency collecting. First, the immense complete collection of Fractional currency. Besides being complete it includes a vast number of inverted back notes. This mirrors the O’Mara collection and one of my special favorites. I only completed a type set and it took me 19 years, as this is a rare and difficult area. The collection’s two major rarities include the Third issue 10 cent Green Back autographed note in PMG 40, Fr1255a, with only two in the census, and selling for $108,000; and the Fr 1352 50 cent Justice note in 64 PPQ grade, one of three known. It sold for $98,000. Another area that…