Paper Money: New Acquisitions

Nothing but honest wear on that “survivor “ Kentucky $10.

Ever wonder how long a note like this was circulating before being plucked ?

 

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Yeah, obsoletes you have to figure just wandered away from their home territory and were just too difficult to get cashed into real coin money.

Speaking of obsoletes, today's new pickup is this $5 obsolete from the State Bank, South Carolina, a state that was a prodigious producer of obsolete notes. This is a well liked and well collected bank, a lot of nicely done notes and very available at reasonable prices, even in better grades. I do like a quality center engraving, and this has it, with a red overprint protector to boot, just to give it that extra quality touch...

 

Awesome center vignette @MEC2, I even like the red check mark on the right.

 

A surprise auction pickup:
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Very nice.

 

Where did you find that for almost face value?

 

I am going to assume because it is all ripped and burnt, but still worth at least face value, as it is legal US currency.

 

Hey Mec2, nice note - I have one too. I received an email about a year ago from a gentleman who owns the building and saw my banknote on my website while surfing the web. He wasn't a banker, but was restoring the building. He of course was surprised that there was issued banknotes from the bank and wanted some more information. He said he found that the information I had gave some new insight, etc. from the popular stories in the area.

Then he also said that the building still had some civil war battle scars, including cannon ball holes and scorching/burn marks, that were just covered up. He was going to try to leave them open for people to see the historic link firsthand.

Below is an excerpt from the email:

That building has many truthful stories and intersects with many historical figures. It also is extremely entwined with the “lost cause”--a Confederate building that survived. Barely. Attached is a picture of it after the bombardment. It is interesting to note that the burn marks in this illustration match the burned wood we’ve uncovered. They simply covered over the damage--it’s still there.

You know, what you discovered was something that the local historians didn’t know--the circumstances about the bank President and how he became a non-person because he allowed a Yankee soldier to be buried in Magnolia Cemetery. There’s a lot of history-focused people in Charleston.

It's a nice bit of history, so if your ever in the area, you should look at visiting the building and asking to see the battle scars. I myself haven't made it yet as it's quite the distance for me. He sent a photo of some of the damage he uncovered but I seem to have saved only the thread and not the original email and have lost the attachment. I've looked all through gmail and on my hard drive. I think I must've thought I could always get it from the attachment - figures.

 

Still love the trains; found this recently:
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Penmanship, a lost art.

 

I purchased the note at a great bi-annual coin show in my home state. I wanted the note because of the town, but HAD to have it because it was a certified replacement. Honestly, I didn't know why it was labelled a replacement. I showed it to a dealer I know, and he said it is because of the manual printing of the serial number (I'm sure that's not the correct term but whatever). If you look closely, it isn't level. I know many if not most notes of the era aren't level, but this is what I was told and I believe him. I'm going to do some more research/reach out to PMG.

 

I see. That 6874 on each side. I don't think my note has that.
And that makes yours a low number serial too. (Below 1000)

 

@SteveInTampa Yeah, on circulated obsoletes the redemption checks and stamps sort of add to the flavor, as do pen sigs like on that note, a nice dark blue one.

@NLL not sure where, I think a forum like this, someone just had it, it's not a rare bank or anything, condition is rough and keeps it from being very collectible, but you don't want to just turn it in, so, you just let it go to a fellow collector... like me!

Today's new pickup is this $3 obsolete from Georgia - as you can see, rather than spared no expense, this designs no expense despaired, as times weren't great down south in 1864. Hey, trade $3 in obsolete bank notes for $3 in soon to be obsolete CSA notes - bargain! Still, it's a $3, my favorite denomination...

 

Not really a new acquisition but a "found" item in an archive of railroad "stuff"; what an interesting symbol in the upper left corner on a 1911 document.
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Speaking of railroads; here's another with a very interesting history.
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History about the route and Mathias Spitlog can be found here:
http://ozarks-history.blogspot.com/2009/01/splitlog.html

 

Today's new pickup is this fractional half a buck from Confederate era North Carolina. I do like a clipper ship on a note, and this one has it front and center. Quick, cash that in by the due date, not sure it

 

Could that fractional currency be redeemed for this:

 

Doubtful, I would never have exchange a paper promise to pay for actual metal coin at face value... not sure if that is real or restrike, love to have one though.

Today's new pickup is an interesting note, it's a State of Missouri note of indebtedness for military service from 1874. I don't know exactly how these worked, in as much as the legalized authority and such, but looks like Adam Bruner served in E Company, 35th regiment, and in exchange for his service, the State would pay him the sum of $900 - when the US Government paid them. I'm always a little wary when payment is predicated on long chain of promises... I mean, I wouldn't have a problem cashing a two-party out-of-state paycheck, would I? Ask Uncle Buck...

 

Found another train note
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