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Banknote Reporter

Banknote Reporter October 2020

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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United States
Active Interest Media
$6.67(Incl. tax)
$29.37(Incl. tax)
12 Issues

in this issue

4 min.
mott, north dakota preserves bank history

Well, we are still in the grasp of the COVID-19 pandemic, with everyone wearing masks seemingly the “new normal.” Some states, like Maryland where I live, have moved to Stage 3, wherein all businesses can reopen, including movie theaters, albeit at reduced capacities. So far, we aren’t seeing any coin shows in the area, though I believe some will restart in nearby states soon. This month we’re back in North Dakota, and I have some nice photos to accompany this article. Let’s visit Mott. Mott, N.D., is the seat of Hettinger County, located in the far southwest part of the state. In 1903, the William Brown Land Company of Chicago made plans to lay out a town on the Cannonball River. It was founded in 1904 and is believed to have…

4 min.
exploring banknote world with abdullah beydoun

Q: What inspired you to become a bank note enthusiast? A: I have always been inspired by the culture and history that bank notes represent. Bank notes are more than paper money; they are memoirs of the past and can help educate people about the history of the countries they belong to. Q: Do you collect bank notes? If so, what do you have personal interest in collecting? A: I do have a collection; I love bank notes that have interesting images on them and intriguing stories. Bank notes with Queen Elizabeth II on them, Polymer bank notes, bank notes with animals on them and so much more. I’m always inspired when traveling the world and seeing the bank notes used in the countries I visit. Q: What is the most interesting bank note…

2 min.
heritage readies long beach auction

There are many spectacular notes in this upcoming auction. The top five I will be keeping an eye on are notes of exceptional quality. I look forward to sharing the auction results with you next month. The first note is Lot 20637, a $10,000 1934 Federal Reserve Note PMG-graded Unc. 66 EPQ. According to Heritage, the note is one of just three $10,000s certified by PMG at this level for all series and districts. Having perfect centering, ideal colors, and excellent eye appeal, it should be a great performer. The note is projected to exceed its estimate of $200,000-$300,000. At the time of writing, the note has 13 bids and registered phone bidders; the lot tracking activity stands at 94, and there have been 3,010 page views. The second note I am…

3 min.
nallc november auction features ‘uncut’ rarity

Recently, Numismatic Auctions L.L.C. announced their 65th catalog sale of nearly 3,000 lots, which will take place Nov. 23-24.* This auction contains several buying opportunities for the collector community such as two collections of rare U.S. Coins and Currency, previously unknown original Laura Gardin Fraser and Anthony DeFrancisci Plasters and related items for the Washington quarter and Peace dollar. The sale is also highlighted by Civil War tokens, rare Lincoln material, Canadian & World coins, gold, tokens, medals and World paper money. It features selections from the George Harrison III and Jack Lavis collections along with many other consignments. The United States Coin and Currency section is comprised of over 1,500 lots of coinage and paper money from Colonial issues to gold, commemoratives, and beyond in addition to a specialized Michigan…

8 min.
who was ogden livingston mills?

Ogden L. Mills was President Hoover’s Secretary of the Treasury from Feb. 12, 1932 to March 3, 1933. His grandfather was the Mills of The National Gold Bank of D. O. Mills, Sacramento, Calif., charter 2014. This lineage represents quite a numismatic connection. One thread that ran through the grandfather (Darius Ogden Mills), father (Ogden Mills) and son (Ogden Livingston Mills) was Nevada’s Virginia & Truckee Railroad, the only rail link between Nevada’s fabulous Comstock silver mining district and the Central Pacific Railroad. This story is worth a look. Much of what follows is distilled from Wikipedia and Drew (2014). Darius Ogden Mills (Sep 25, 1825 - Jan 3, 1910) was born in North Salem, N.Y. At age 15, shortly after his father’s death in 1841, he began working as a…

2 min.
reader’s showcase

Michael Scacci provided the scan of this amazing tax-payment certificate, the likes of which I have never seen before. Here is a transcript of the certificate. I have used italics to denote the information that is filled in. Form 1595 Treasury Department Internal Revenue Service May 1937 Certificate Serial Number 16872 Collector’s Certificate of Tax-Payment of Distilled Spirits for Shipment in Tank Cars Not Transferable I hereby certify that internal revenue tax in the amount of $135,381.60 has been paid to me this day to cover the tax due on distilled spirits to be shipped by tank car, as follows: Tank Car: GATX 2208 (Owner and Car Number) Contents: Ethyl Alcohol (Kind) 15,042.4 (Number of Proof Gallons) Report of Gauge: 1440 (Number of Form) February 26, 1947 (Date) Vendor: Farm Crops Processing Corporation (Name) 4th and Jones Sts. (Street and Number) Omaha…