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Banknote ReporterBanknote Reporter

Banknote Reporter

August 2019

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.

Land:
United States
Sprache:
English
Verlag:
Active Interest Media
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CHF 21.76
12 Ausgaben

IN DIESER AUSGABE

access_time1 Min.
banknote reporter

PUBLISHER Corinne Zielke GRAPHIC DESIGNER Sandi Carpenter ASSOCIATE EDITOR Hannah Wiedmeyer F+W, A CONTENT + ECOMMERCE COMPANY Greg Osberg, Chief Executive Officer Ray Chelstowski, SVP, General Manager -Fine Art, Writing, Outdoors and Small Business Group James Woollam, Managing Director-F+W International John Phelan, VP, Consumer Marketing Jason Revzon, VP, Digital Pat Fitzgerald, VP, Product Management ADVERTISING VP, ADVERTISING SALES Kevin D. Smith kevin.smith@fwmedia ADVERTISING REPRESENTATIVE April Krueger april.krueger@fwmedia 715-318-0996 ADVERTISING ASSISTANT Patti Roberts patti.roberts@fwmedia FOR NEWSSTAND SALES, CONTACT: Scott T. Hill, scott.hill@pubworx.com…

access_time6 Min.
survival of national bank notes

When collectors look at their notes, they rarely wonder about the odds against the likelihood that their notes survived! They have ‘em, so that is that. Everyone has a general sense that the older the note, the rarer it is, mainly because they had to pay more for it. It is also obvious that notes from the banks with small circulations are scarcer than those from the big city banks. When John Hickman and I discussed survivability back in the 1970s and 1980s, he stated flat out that if the note was issued before 1924, it constituted a miracle of survival. The fact is that once a note went out the door of a bank into circulation, that was its death knell. It was going to become worn and abused as it circulated, and…

access_time1 Min.
reader’s showcase

I’ve had reason to look into the smallest Series of 1929 issuances from Iowa lately and found that the four smallest were Montezuma (charter 2961) at 125 notes total, Keokuk (14309) at 135, Malvern (8057) at 228 and Macksburg (6852) at 336. I then checked the National Currency Foundation census to see if any survived. I hit goose eggs as I worked through this short list—not a big surprise—until I got to Macksburg. Then I found exactly one entry, the note illustrated here. Just what is the probability that the lone survivor from the 56 sheets of $10s issued by the bank would be an evenly circulated A000001A note? This was no banker-saved souvenir. It somehow was plucked from circulation and saved quite some time after it left the bank!…

access_time1 Min.
proof of the month

Shown is a proof of a $10 Series of 1922 gold certificate that carries the never-issued Woods-White signature combination. Walter O. Woods replaced Harley V. Speelman as Register of the Treasury on Oct. 1, 1927. Speelman, a Harding appointee to the position in 1921, was abruptly “retired” without cause by President Coolidge on June 28, 1927 while Coolidge was on vacation in Rapid City, S.D. Secretary of the Treasury Andrew Mellon summoned Speelman to his office in Washington where he set Speelman’s retirement date. Six $10 and three $20 eight-subject electrolytic plates with Woods’ signature commenced between Dec. 8, 1927 and Jan. 6, 1928, but only $10 plates 2 and 3 were finished. The two plates were certified July 16, 1928, but the large note era ran out before either…

access_time8 Min.
thrive and survive: conrad v. tower city

I hope you all are enjoying your summer so far. We in the East Coast have avoided virtually all of the crazy weather conditions that have plagued much of the Midwest and South. This month a new purchase and some interesting photos gave me impetus for my current article. Since by this time you all know how much I like an abandoned bank and small towns in general, I hope you enjoy our sojourn in Tower City, North Dakota, and Conrad, Iowa. North Dakota had its heyday during the National Currency era, with thriving small agricultural and railroad towns, each having its own national bank (and in some cases, more than one.) But changes in technology, brutal weather, and reduced dependence on small farms and railroads turned many of these towns…

access_time6 Min.
favorites from the kansas city paper money convention

A couple months ago I was able to attend the annual summer paper money convention now held at Kansas City for the third year. This is a continuation of the 40 successive years that this gathering of paper money enthusiasts has taken place, but at its original location of Memphis, Tenn. I know that I will be a part of such conventions as long as I am able to travel, because there is nothing that can substitute for actually being there and participating in all that goes on. You see friends you’ve known for years, you meet new ones, you go to various club meetings and specialty talks, you go table-hopping and often come across items you are so surprised and pleased to locate- all this is the very essence of…

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