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<p>[QUOTE="Small Size, post: 2547728, member: 77924"]I once bought a 1869 $1 USN "rainbow note" for next to nothing, because it had been "damaged" by the careful application of an Oglesby, Illinois post office cancellation dated June 4, 1870. It otherwise is a handsome, well-preserved note.</p><p>For a long time I wondered why that had been done. First I thought perhaps the local postmaster was validating the new notes for those unfamiliar with them. But that wouldn't explain its nearly new condition. I even interacted with the city clerk, asking if anything important had happened there that day. Nothing he knew of.</p><p>I finally decided that most likely it was a wedding gift. June 4, 1870 being the first Saturday of the month most popular for weddings. From a clever person of modest means as a keepsake cum "keep this and never be broke" present to the couple. That explains both its survival and its condition.</p><p>It also makes it worth more to me than an "undamaged" note would.[/QUOTE]</p><p><br /></p>
[QUOTE="Small Size, post: 2547728, member: 77924"]I once bought a 1869 $1 USN "rainbow note" for next to nothing, because it had been "damaged" by the careful application of an Oglesby, Illinois post office cancellation dated June 4, 1870. It otherwise is a handsome, well-preserved note. For a long time I wondered why that had been done. First I thought perhaps the local postmaster was validating the new notes for those unfamiliar with them. But that wouldn't explain its nearly new condition. I even interacted with the city clerk, asking if anything important had happened there that day. Nothing he knew of. I finally decided that most likely it was a wedding gift. June 4, 1870 being the first Saturday of the month most popular for weddings. From a clever person of modest means as a keepsake cum "keep this and never be broke" present to the couple. That explains both its survival and its condition. It also makes it worth more to me than an "undamaged" note would.[/QUOTE]
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Nasty bills - but decent price?
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