Innehållsförteckning för December 2024 från Banknote Reporter

A single-owner collection of more than 250 Central and Eastern European bank notes ranging from 23 countries, including Albania, Bulgaria, the three Baltic States, Czechoslovakia, Montenegro, Poland, Romania and Slovenia, are expected to fetch more than £150,000 when they are offered at Noonans Mayfair on Thursday, Nov. 28, 2024, at 1 pm. The notes, which date from 1794 to 2003, were collected by Joe Cook in 1998-2004 while working as a financial journalist in Central and Eastern Europe. He began collecting when he spotted an album of bank notes in a second-hand bookshop in Bucharest in 1998. As he explained: “What fascinated me about the notes is that they are, ultimately, a potted history of the political economy of Europe between Germany and Russia, between the Baltic Sea and the…

The holidays are fast approaching, and it’s time to start making our lists and checking them twice. Perhaps you are the type of person to plan gifts all year round, writing down ideas for yourself and others as they come to you, no matter the season. If that’s you, then hopefully, this list will help you check yours twice to make sure you’ve thought of everything. If you’re not like that, then don’t start panicking yet. There’s plenty of time to come up with the perfect gift for everyone on your list. From spouses to grandchildren, friends, and distant cousins, there’s something for everyone when it comes to numismatics. We’ve collected a selection of holiday-themed coins that would make perfect stocking stuffers, as well as other numismatic items that can…

Pete Papadeas, a collector of south New Jersey notes and Series of 1929 title block layout varieties, recently bought this note from Tom Denly after being tipped off about it by a couple of N.J. competitors who saw it at a Baltimore show. The bank issued only $5 1929 notes. The note bears the second title for the bank—used on 1929 type 1 notes from 1929 to 1932—which is very scarce. The third title, Merchantville National Bank & Trust Company, is readily available. Pete had been looking for a 1929 note with the second title for 30 years. He discovered upon receiving it that it was from the last sheet issued with that title. Merchantville is located four miles due east of Philadelphia.…

Since this copy of our magazine will reach you in November, that leaves plenty of time for shopping. If you are hard to shop for, you might want to show this article to those who shop for you at Christmas. Of course, you might decide to shop yourself. My first recommendation is an old favorite with which you are probably familiar. If not, you should undoubtedly add these to your library. The first suggestion is an old favorite, Paper Money of the United States, by Robert Friedman. It comes in many editions going back to 1953. It covers Large Size notes, Demand Notes, Legal Tender Issues, Compound Interest Notes, Interest Bearing Notes, Refunding Certificates, Silver Certificates, Treasury of Coin Notes, National Currency Notes, Federal Reserve Bank Notes, Federal Reserve Notes,…

Notes from The First National Bank of Myton, Utah, are currently unreported despite being issued during the Series of 1902 plain back era. The reason is two-fold. Most importantly, the bank lasted less than two years; specifically, it was chartered on May 4, 1920, and placed in receivership on Feb. 24, 1922, with the cause attributed to injudicious banking. The bank was organized under the Gold Standard Act of March 14, 1900, which permitted banks in towns of less than 3,000 to be capitalized at half the previously required minimum of $50,000. The Myton bankers capitalized at a minimum of $25,000, which allowed them to circulate up to $6,250. However, they received only 200 sheets of 5-5-5-5 Series of 1902 plain backs amounting to $4,000 and claimed only $2,500 was…

Americans are proud to make their own money, but this wording suggests you earned it rather than printing it yourself. It isn’t a secret the U.S. dollar is the most counterfeited money in the world, and this is particularly true of the $100 denomination. What may come as a surprise is the Aug. 23, 2024, Yahoo Finance report noting that the “U.S. government remains secretive about the amount of counterfeit cash in circulation.” The report continues that the “most recent report on the issue (2006) revealsthat one in every 10,000 U.S. bills was fake.” You don’t have to look very far to find current news about fake bank notes. On Aug. 21, 2024, two Rockland, Maine, individuals were reportedly charged with using counterfeit money to bail someone out of the…

Frederick is a crossroads town in the southwestern part of Oklahoma, some 15 miles from Texas. The crossing roads are north-south US 183 and east-west State 5. More important for the settlement of the place was the arrival of the Blackwell Enid and Southern Railroad that yielded the name for it. Frederick was the name of the son of one of the railroad executives. The area encompassing Frederick was among the last land in Oklahoma Territory to be opened to settlement. In fact, it was in a region that was considered to be rather desolate, dry, flat prairie. What is now Frederick used to be two towns, Gosnell and Hazel, established in 1901 when the Kiowa-Comanche-Apache reservation was opened to settlement. The towns combined in 1902 when the railroad depot…

Welcome to part 4 and the final installment of U.S.-issued $1,000 notes. The first two parts focused on Colonial, Confederate, Large and Small sized notes. In part 3, we partially explored $1,000 notes on Obsolete currency, and in this article, we will complete the examination of Obsoletes and finish up with $1,000 College currency notes. Until the Federal Government started issuing Treasury-backed currency in 1861, private banks issued their own currency only backed by the financial solvency of the bank. Banks went to extraordinary lengths to make beautifully designed notes to thwart potential counterfeiters and to give an air of prosperity. By 1864, after widespread bank failures, the government banned the issuance of privately issued currency. The Obsolete notes contained in this article (and in part 3) were all made…