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Banknote ReporterBanknote Reporter

Banknote Reporter April 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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world rarities crown april spink sale

A major treat awaits collectors of world paper come mid-April. The contents of four major collections provide the focus of Spink London’s Apr. 17-18 sale. Leading the charge is yet another tranche from the remarkable Ibrahim Salem Collection. This time around, Part I of his holdings of the British Commonwealth is on offer. This segment of the sale will occupy the entire morning of Apr. 17 commencing at 10 a.m. It has its own catalog. One note stands out here. How do low serial number collectors feel about a Bermuda George VI £5 carrying serial A000001 (P-12)? This is the brown issue, by the way, not the orange. It comes in PMG-58 Choice About Unc with an estimate of £40,000-60,000 [1GBP = 1.3USD]. And that’s just for starters. The auction of the “General World” catalog…

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largest american bank robbery in history

Some years back, I had the opportunity to visit central Massachusetts, and I thought it might be nice to take a short jaunt to New England for its very antique small town architecture. To that end, this month we’ll visit quaint and historic Northampton, Mass. Northampton is the seat of west central Massachusetts’ Hampshire County, located 20 miles north of Springfield just off I-91. This is a very old manufacturing area, though today the area is home to quite a few colleges and universities, including Smith College in Northampton. I was visiting a friend at Amherst College last spring, and we spent a sunny afternoon in Northampton, a lovely and vibrant town chock full of classic old buildings. Northampton, as well as most other towns in the area, is very old. It…

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woods-tate & jones-woods notes are scarce

The last two Treasury signature combinations, which consisted of the Register of the Treasury and Treasurer of the United States, that appeared on large size U. S. currency were Woods-Tate and Jones-Woods. Both are scarce on currency. The purposes of this article are to explain why they are so scarce and to identify all the notes that carried them. The Woods-Tate combination became current on May 31, 1928, when Republican President Coolidge appointed Harold Theodore Tate as Treasurer to replace Frank White. White was a holdover Warren Harding appointee who resigned near the end of Coolidge’s administration to become president of the Southern Guaranty Corporation at Chattanooga, Tenn. Walter Orr Woods also was a Coolidge appointee, who had been serving as Register of the Treasury since Oct. 1, 1927. The Senate was…

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reader’s showcase

Lee Lofthus was surprised and delighted to win this gorgeous note in the 2018 Heritage FUN sale from a small unincorporated hamlet within Roxbury Township on the west edge of the Catskill Mountains in New York state. Grand Gorge is situated in a wide gentle valley through which Bear Kill flows southward toward its junction with the East Branch of the Delaware River. The town was named for the Grand Gorge Rail Station, which in turn was named for a 40-foot or so deep railroad cut through a nearby hill along what became the Ulster & Delaware Railroad. The railroad advertised itself as “The only all-rail route to the Catskill Mountains.” Originating as the Rondout and Oswego Railroad, the railroad reached Grand Gorge in 1872. At that time, steamboat passengers…

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proof of the month

Shown is a $50 Series of 1869 Treasury Note proof (top) of a design in the rainbow series that was not used. Instead, the adopted design (Fr.151) features the portrait of Henry Clay (bottom). The rainbow notes replaced the 1862/3 designs that were the target of counterfeiters. On page 35 of Gene Hesslers’ ‘Essay, Proof and Specimen,’ there is a photo of a die proof of the unissued design and an illustration of a back that probably was going to be mated to it. What is unusual is that there is a 4-subject proof of the unissued design from a production plate among the BEP proofs in the Smithsonian, revealing that the design had advanced to the production phase before being supplanted. The 4-subject proof sports plate letters and plate…

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dnw offers indian haj pilgrimage rs100 pair

Among the many world rarities that will be offered in Dix Noonan Webb’s world paper Apr. 16 sale will be an extremely rare consecutive pair of Reserve Bank of India Haj Pilgrimage Rs100 (P-R6). The paper of the two notes, HA 020594 and HA 020595, is in excellent condition and lacks any graffiti. Both show the usual pinholes along with slight toning. Both grade PMG-30 VF and are eminently collectable. They will be sold as separate lots with estimates of £30,000-36,000 [$40,000-46,000]. As Andrew Pattison, Head of Bank Notes at DNW, observed: “Anyone who intended to travel [to the Haj] would exchange their rupees for Haj rupees, which were valid abroad, mainly in Saudi Arabia. 100 rupees was the highest denomination note available and represented a vast amount of money to the average…

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