Post Your Obsolete Currency

Discussion in 'Paper Money' started by scotts1, Jul 7, 2014.

  1. scotts1

    scotts1 Well-Known Member

    I didn't see a thread for this, so I thought I'd start my own!

    I've been working on getting all the ones from the Bank of Manchester, in Michigan.
    Here's what I have so far:
    img077 (2).jpg
    Now let's see yours ;) Post any and all obsolete currency!
     
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  3. CoinDealinGuy

    CoinDealinGuy Member

  4. justbored

    justbored Active Member

    I have hundreds of obsoletes but here's my favorite.....
    [​IMG]
     
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  5. gsalexan

    gsalexan Intaglio aficionado

    Great topic, scotts1! I happen to collect Michigan obsoletes and have that Manchester set -- looks like all you need is the $3.

    Here are a a couple from my collection that you don't often see. The $3 Bank of Saline is fairly scarce bank, but the $1 Bank of Ann Arbor is the only one I've seen from that bank in 30 years of collecting. Wish it was in better shape, but it could be a long wait before something better comes along!
    $3 Bank of Saline.jpg $1 Bank of Ann Arbor.jpg
     
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  6. scotts1

    scotts1 Well-Known Member

    This thread is off to a great start - keep them coming!

    Yeah, I haven't been able to find the $3 (at least at a reasonable price :D) yet, but I'm keeping my eyes open!
     
  7. RickieB

    RickieB Expert Plunger Sniper

    I actually like a lot of the Obsoletes..I was just getting into them before I got ill...this is now my 3rd purchase this year.

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    These 2 are from earlier this year..already posted before..
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    Last edited: Jul 8, 2014
  8. scotts1

    scotts1 Well-Known Member

    Last edited: Jul 8, 2014
  9. benveniste

    benveniste Type Type

  10. gsalexan

    gsalexan Intaglio aficionado

    Any fan of obsoletes should know about the American Paper Money Collection, printed from original engraved plates by the American Bank Note Co. in 1994. This was a set of 36 notes from all the states that existed during the obsolete banknote period. Each was mounted on a green backer and came with a well researched info sheet, all of which went into a special binder.

    Some of these notes are spectacular and may only exist for collectors in this form. Here are a few of my favorites...

    Banknote-VT2.JPG Banknote-VT.JPG Info-VT.JPG Banknote-MO.JPG Banknote-NE.JPG Banknote-NC.jpg Banknote-GA.JPG
     
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  11. RickieB

    RickieB Expert Plunger Sniper

    Nice..gsalexan

    very nice.

    RickieB
     
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  12. Dave L

    Dave L Junior Member

    I've posted a few in the BanknoteForum, but I'll repost here as well.

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  13. Dave L

    Dave L Junior Member

    And while I'm at it, here's another one with a story behind it.

    [​IMG]

    At the end of the Civil War the State of Kansas submitted a petition to the US Government for damages resulting from the war. The petition specifically addressed actions resulting from a Confederate excursion that was known as the ‘Price Raid’, and the Union’s ‘Indian Expedition’ under General Samuel R. Curtis.

    By 1864 the Confederate Army found itself on the losing edge. In an attempt to bolster both public support for the South and to gain territory and supplies, a plan was devised to send Confederate Major-General Sterling Price into the states of Missouri and Kansas to conduct raids on the Union Military. The plan was to retake Missouri, enter Kansas and scour the land for mules, wagons and other supplies. Leaving in August 1864, Price left with 12,000 men and a small contingent of artillery. During the raids, Price and his men also killed and robbed unarmed civilians and pillaged private properties. Though these actions were not uncommon on both sides of the war, the Price Raid became infamous for its actions and was estimated to have cost over $500,000 in damages.

    General Samuel Curtis was a Union General in charge of the Department of Kansas, and was tasked to defend the western frontier during the Civil War. He was specifically sent to deal with hostile Indians, primarily Cheyenne and Lakota, who were conducting attacks on travelers through their territory. The reasons for the attacks were many, including the spread of disease, devastation of the grasses for grazing, wholesale reduction of timber, and other misuse of lands and nuisances. These attacks were effective and became disruptive to the U.S. Government and to companies transporting freight. Eventually General Curtis was made to conduct an Indian Expedition, which enlisted "friendly" Pawnees to fight against the other Indians. Curtis also enlisted what were called "Galvanized" Yankees (ex-confederate soldiers serving in the Union Army) to conduct general military operations in the area. As a result of the Indian Expedition, the affected Indians attacked more fervently, and chose additional targets, causing what was believed to be more damage than if the military had not acted at all.

    By October 1864, two months into their raid started, the Confederate expedition had confiscated over 500 wagons of supplies and it seemed as if it was a success. In addition, while it was much less than he had hoped for, it is estimated that as many as 6,000 men joined up with Price while he was in Missouri. Under their long wagon train the Confederate march began to slow down, allowing the Union forces more time to act.

    After the Indian Expedition, General Curtis joined up with others to stop the Confederate raids. Combining militias from Kansas and Missouri with several other Federal units, the Union forces totaled somewhere around 35,000 men pursuing Price’s ever slowing force of about 18,000. Several battles ensued, following Price on his way westward. At first, as the Union forces were just assembling, Price was able to win a few skirmishes, and keep the Union Army at bay, continuing his snail’s pace.

    At the battle of Westport, Missouri, Price was faced with Union soldiers in front and behind his long column. Instead of fleeing south, he decided to fight. After several hours of fighting, it became apparent that he could not win. Price then retreated back south, towing a 15 mile long wagon train of booty behind him. This line of wagons was acting as an anchor and was the undoing of the Confederate’s raid.

    Passing through the winding Mine Creek, Price crossed a ford at the head of the line, but about halfway through, the banks softened and the wagons began to bog down, and soon were stuck hard. Price was oblivious of the situation. The Union forces in pursuit from the battle of Westport were soon upon the stranded Confederates. As the rebels were scurrying to make a stand, the Union Army, vastly outnumbered, but better armed with repeating rifles and pistols, started a cavalry charge. After a brief stall, the Union soldiers broke the rebel’s lines and in less than 30 minutes, the battle was over with the Union army defeating their enemy due in large part to their weaponry and to the quickness of their charge. Price was followed, but he decided to abandon the wagon train of loot and burn it. Thus unburdened, he found his way back south to Texas, safe and unharmed.

    After assessing the petition, the U.S. Government agreed to pay out assessed damages resulting from the Price Raid and the Indian Expedition. Kansas distributed the money to the claimants in banknotes under the title "Union Military Scrip". This $5 banknote is an example. The uniface note was printed by the Continental Banknote Company in New York.

    Source: http://www.banknoteden.com/USA_Misc_Currency.html
     
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  14. saltysam-1

    saltysam-1 Junior Member

    As the topic is written, this note would even apply, along with any large sized U.S. note. Then consider all the world foreign notes. Perhaps you were not specific enough on your first search? P1010678.JPG P1010690.JPG
     
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  15. C G Memminger

    C G Memminger Active Member

    Here's a Government of Texas $5 (H-16). rare breed. signed 6/1/1838 by Sam Houston (well....actually Sam Houston's secretary put ink to paper, but did so on Sam's instruction). sold it to a dealer/buddy for $650, despite nasty condition. H16.jpg
     
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  16. C G Memminger

    C G Memminger Active Member

    here's a much more common Republic of Texas $50 "redback" note. catalog number is A-7. If you've seen enough redbacks, you'll quickly come to conclusion that the color or closer to burnt orange, which, perhaps not coincidentally, is the chosen color of the University of Texas at Austin.....my alma mater. Hook 'em Horms!! TX A7.jpeg tx a7rev.jpeg
     
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  17. RickieB

    RickieB Expert Plunger Sniper

    Love that big star on the reverse..
     
  18. RickieB

    RickieB Expert Plunger Sniper

    One more I did locate and acquire today..
    All Aboard...!!!
    [​IMG]
     
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  19. Blasty

    Blasty Gold Member

    My one and only obsolete note, in very rough shape. However, it is valuable to me as it belonged to my grandfather.

    [​IMG]
     
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  20. gsalexan

    gsalexan Intaglio aficionado

    In the parlance of paper money collectors, "obsolete banknote" refers to notes issued by private banks or financial institutions, primarily pre-Civil War, which are no longer valid as currency. So although there are plenty of denominations and types of federal currency (including fractional notes) that are no longer being issued, all of them are still recognized as legal tender and could be cashed at face value. Hence they are not considered "obsolete."
     
    Last edited: Jul 14, 2014
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  21. gsalexan

    gsalexan Intaglio aficionado

    In my collection of banknote vignette proofs I have a couple interesting pieces -- a "lazy deuce" and a "lazy five." These are known as "counters" and would typically have been used as overprints or underprints. I found one example where the 2 was incorporated into the design. This is a rare printer's specimen, which I don't own. If you know of other usages I'd like to hear of them!

    Lazy 2.jpg Lazy 5.jpg Lazy 2 Hamilton.jpg
     
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