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<p>[QUOTE="yakpoo, post: 3026970, member: 18157"]I'm mostly a U.S. Coin collector/hoarder. Every once in a while I come across some currency (obsolete mostly) that I find interesting. I know I shouldn't buy anything I don't understand, but if it's interesting enough (and not too expensive), I'll take the plunge.</p><p><br /></p><p>My most recent "plunge" is into an uncut sheet of unissued Cincinnati "Post Notes". They seem rather common and the $80 I spent is about right. What I find interesting about these notes is the age of the paper and that they say...</p><p><br /></p><p><b>"___after date We promise to pay James Monroe or bearer [One, Two, Three, Five] dollars at___"</b></p><p><b><br /></b></p><p>Does anyone know what a "Post Note" is and why it's payable to James Monroe?</p><p><br /></p><p>The only information I've found so far is from a HA auction description that says,</p><p><br /></p><p>"In the November 1932 issue of <i>The Numismatist</i> and follow up articles in several subsequent issues, dealer H.A. Brand and several others presented information that they had uncovered concerning these "James Monroe Post Notes" as they are known. The notes were believed to have been printed for the banking house of J.H. Piatt & Co., circa 1810 to 1815. They were engraved by Murray, Draper, Fairman & Co. of Philadelphia."</p><p><b><br /></b></p><p><b><img src="https://i.ebayimg.com/images/g/LWYAAOSw0ABanXBO/s-l1600.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </b>[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 3026970, member: 18157"]I'm mostly a U.S. Coin collector/hoarder. Every once in a while I come across some currency (obsolete mostly) that I find interesting. I know I shouldn't buy anything I don't understand, but if it's interesting enough (and not too expensive), I'll take the plunge. My most recent "plunge" is into an uncut sheet of unissued Cincinnati "Post Notes". They seem rather common and the $80 I spent is about right. What I find interesting about these notes is the age of the paper and that they say... [B]"___after date We promise to pay James Monroe or bearer [One, Two, Three, Five] dollars at___" [/B] Does anyone know what a "Post Note" is and why it's payable to James Monroe? The only information I've found so far is from a HA auction description that says, "In the November 1932 issue of [I]The Numismatist[/I] and follow up articles in several subsequent issues, dealer H.A. Brand and several others presented information that they had uncovered concerning these "James Monroe Post Notes" as they are known. The notes were believed to have been printed for the banking house of J.H. Piatt & Co., circa 1810 to 1815. They were engraved by Murray, Draper, Fairman & Co. of Philadelphia." [B] [IMG]https://i.ebayimg.com/images/g/LWYAAOSw0ABanXBO/s-l1600.jpg[/IMG] [/B][/QUOTE]
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