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Banknote ReporterBanknote Reporter

Banknote Reporter March 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.

국가:
United States
언어:
English
출판사:
Active Interest Media
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canada leads stack’s bowers nyinc

High-grade Canadian notes took first, second, and third top prices at Stack’s Bowers’ NYINC World Paper Money Sale in early January. Top dollar was paid for the finest-known Government of Newfoundland 1 dollar of 1920 (NF-12d). That year, the surging world price of silver saw the British colony experience a major shortage of silver coin. The government plugged the gap by issue of a short-lived series of $1 and $2 Newfoundland Treasury Notes. Come 1939, some 99% of these had been redeemed and destroyed. They are scarce items today. Those in grades above VF are rare. That on offer came in a wonderful PCGS Gem New 66 PPQ, which pushed the price tag to $26,400, or over 20 times the current Standard Catalog of World Paper Money valuation. Not far behind came a…

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attractive notes from rural kansas

February was quite the cold and snowy month across much of the country. While we in Baltimore shivered at temperatures below 20 degrees, much of the country suffered much worse. One can hardly imagine living in Iowa with temperatures below -20 degrees Fahrenheit. These cold winter days are perfect times for sitting down and perusing one’s collection. I recently obtained two attractive small-town large size Kansas notes and thought that I would write about them for this month’s article. So let’s visit rural Hartford and Nortonville, Kansas. Hartford, located twenty miles southeast of Emporia via I-35 and State Route 130, sits on the northwest edge of John Redmond Lake in Lyon County, near the Coffey County line. When the Missouri, Kansas and Texas Railroad pushed through the area in 1858, the…

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rare 1905 tael fronts spink hk sale

Spink China’s first Numismatic Collector’s Series sale of the year is scheduled for Mar. 27-28. Consignments were still being accepted at the time of writing, but already several spectacular paper money rarities were contending for top billing. Among the main candidates is a renowned Chinese rarity in superb original condition: a Honan Yu Chuan Official Bank 1 tael of 1905 (PNL; SM-Y20). A pair of dragons squabble over a pearl of great price within the soft blue border to provide the distinctive design feature at top center. This is a note for the connoisseur. It would provide a central highlight for any Chinese collection. Graded PMG 30 Very Fine (Annotations), the estimate is a not unreasonable $85,000-150,000. The Pei Yang Tientsin Bank is represented by a rare 1910 $100 remainder lacking a serial…

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report on making currency in 1877

A remarkable report documents the steps involved in handling currency sheets as they passed through the Bureau of Engraving and Printing in 1877 on their way to becoming notes. The value of this report is twofold. First, it precisely lays out the order in which the various items were printed on the sheets. Second, it reveals how often the sheets were handled in the process. Two types of currency are treated in the report: Series of 1875 legal tender notes and Series of 1875 national bank notes other than $5s. The two classes involved different steps, explaining why they were profiled separately. The backs of the legal tender notes were printed by the Columbian Bank Note Company, so the thread picks up once the sheets arrived at the BEP. The Series of…

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proof of the month

I profiled the 150 sheets of 10-10-10-20 brown backs sent to The First National Bank of Goldfield, Iowa – the only notes the bankers received – in the April 2018 Proof of the Month because those 600 notes represented the fifth-smallest total sent to an Iowa bank during the note-ssuing era and because Goldfield is such an unexpected town name for Iowa. Steve Sweeney, co-author of Iowa National Bank Notes, advised that he thought none of the notes were put into circulation. I dug out the ledger page for the bank at the National Archives and confirmed that he was correct. The bank was organized May 12, 1900, and the bankers received their charter on May 26 upon depositing $7,500 to secure their circulation. Their 10-10-10-20 plate was certified Aug.…

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reader’s showcase

How did this strange misaligned overprint error occur where the green Treasury seal landed on the same spot as the right serial number? A logical assumption would be that the green elements are printed on one mono-color unit in the overprinting press and the black on another, thus making this error impossible. This note was overprinted on a COPE numbering and sealing press. An interesting characteristic of the COPE machine that overprinted this note is that the seals and district identifiers were printed from one rotary unit in the machine and the serial numbers from a second unit. The unit with the seals and district identifies was a bi-color black/green unit whereas that with the serial numbers was a mono-color green unit.…

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