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Journal Comments posted by Sheik Sheck
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That is a fantastic set! Thanks for posting the link. I enjoy looking at other collectors nationals. Did you acquire just by visual inspection of the notes to see the 'v.' or 'vice'? Did you do prior research using a database? I would be curious how you were able to spot the notes. Also, I noticed you have a couple of serial number 1 notes. Very nice Catawissa note. I saw a few SN #1's at FUN but didn't pull the trigger. On another note, I noticed that Ch #252 had only C.C. Taylor as the cashier, also with a prominent signature but there was a series of notes that his signature was clearly not the same as other stamped or engraved versions. The attached file shows the commonly seen C.C. on the bottom photo and the mystery C.C. on the note with the regional 'E'. Another mystery!
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I knew Jas. was short for James (although it never made sense to me) however I didn't realize that I should be using Prest. instead of Prez Since we now know of two banks that altered the Prest. signature line to Vice Prest. or VP, perhaps this was more widely applied than we may be aware. Which makes me wonder if there was any specific guidance from the Fed or banks were at liberty to substitute the VP for the Prest. I plan on looking into Mr. Sands a little deeper since I have so many notes with his illustrious signature!
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Thanks ddr70. Lawrence must have been a dedicated banker. I don't have the Wheeling note so I wonder how the "v" for vice was printed. I got the below table from the Society of Paper Money Collectors web site for Ch 5164 and below that is for Ch 252. The first table shows L.E. Sands was cashier in '05 then no record from '06 - '12 and then President in '13 - '14, then President of Ch 252 from 1914-1927. Was he V.P. in those 6 years and signing on behalf of Vance? Any other examples of bank executives moving to another with signatures on multiple banks? Or perhaps starting as a cashier and promoted to President then moving to another bank? I imagine this is a fairly rare occurrence. Interesting history.
Years Cashier President 1899-1904 Lawrence E. Sands J. N. Vance 1905-1905 L. E. Sands J. N. Vance 1906-1912 C. W. Jeffers J. N. Vance 1913-1914 C. W. Jeffers Lawrence E. Sands 1915-1921 C. W. Jeffers John L. Dickey 1922-1928 C. W. Jeffers J. L. Dickey 1929-1929 C. W. Jeffers J. R. Naylor 1930-1930 L. J. Yargar J. R. Naylor 1931-1935 L. J. Yaegar J. R. Naylor Bank Officer Pairs (Pollock) Years Cashier President 1864-1864 John E. Patterson George E. Warner 1864-1864 John E. Patterson Griswold E. Warner 1865-1866 Charles H. Riggs Griswold E. Warner 1867-1867 Robert J. Stoney G. E. Warner 1868-1868 Rob't J. Stoney G. E. Warner 1869-1869 Robert J. Stoney G. E. Warner 1870-1870 Robt. J. Stoney G. E. Warner 1871-1871 Robt. J. Stoney George S. Head 1872-1872 Robt. J. Stoney Geo. S. Head 1873-1874 Jas. H. Willock Geo. S. Head 1875-1875 J. H. Willock Geo. S. Head 1876-1877 Jas. H. Willock Geo. S. Head 1878-1881 James H. Willock George S. Head 1882-1886 James H. Willock William Cooper 1887-1887 Thomas W. Welsh, Jr. James H. Willock 1888-1888 Thomas W. Welsh, Jr. Jas. H. Willock 1889-1891 Thomas W. Welsh, Jr. James H. Willock 1892-1892 T. W. Welsh, Jr. James H. Willock 1893-1895 T. W. Welsh, Jr. J. H. Willock 1896-1896 T. W. Welsh, Jr. James H. Willock 1897-1897 T. W. Welsh, Jr. Jas. H. Willock 1898-1898 T. W. Welsh, Jr. James H. Willock 1899-1899 Thomas W. Welsh, Jr. James H. Willock 1900-1903 T. W. Welsh, Jr. Jas. H. Willock 1904-1904 Thomas W. Welsh, Jr. James H. Willock 1905-1905 James M. Young James H. Willock 1906-1908 J. M. Young H. C. Bughman 1909-1909 Jas. M. Young H. C. Bughman 1910-1911 J. M. Young H. C. Bughman 1912-1912 J. M. Young W. S. Kuhn 1914-1914 F. F. Brooks Lawrence E. Sands 1915-1915 Frank F. Brooks Lawrence E. Sands 1916-1917 F. F. Brooks Lawrence E. Sands 1918-1921 C. C. Taylor Lawrence E. Sands 1922-1927 C. C. Taylor L. E. Sands 1928-1932 C. C. Taylor F. F. Brooks 1933-1935 J. H. Arthur F. F. Brooks -
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That is correct apparently. The Brown Back is from Heritage Archives that also has Lawrence Sander's signature. As with the date back, someone sketched in a "v" indicating he was the Vice President. But he was VP on the brown back and date back. I don't have the Kelley reference but I am curious over what time span he was VP to be able to be on a BB and DB. Also are sigs. from his Presidency at Pittsburgh's FNB.
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Sorry, I re-read your April post and you already answered that. I am keeping an eye out for the high denom's. I passed on a $50 Ch 6301 a short time ago. It was cheap but had a few issues. I am not crazy about rust and paper clip marks. I also get the feeling that folks like to hang on to those high denoms as they rarely seem to come up for sale. I noticed the $100 Minnesota red seal is estimated to go for 40K plus at the FUN auction coming up. Out of my area code!
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I have not researched the population for the date backs but since I rarely see any come across at auction, I assume that is going to take another decade or so. I was just trying to get the $5, $10 and $20 denominations in decent condition for the red and blue seals and the Mellon Bros' signatures for this mini-collection. I am not even sure why the $5 blue does not have the 'E' designation as it is also a Lyons_Roberts combo with the same date, June 3, 1902, as the $10 and $20? I have a feeling you will educate me on this fine point. Thanks!
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After a cursory population study in T&P I found with the exception of CH#9, it is possible to put together a single digit charter collection. Most of the 1-9 charters are fairly common although Ch #6 (Syracuse) has only 23 large notes extant (I have been waiting to use that word "extant" for a while). However, there are no reported notes, neither large or small, for the FNB of Dayton (Ch#9). On another note, here is one picked up from Lyn Knight ungraded, after coming back from the grade man.
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Once again, my compliments to your keen eye. The strip appears on all small FRBNs. As you can see, it is designed to block out the word "President." Whether that was a mistake in the plates, I don't know but it is certainly interesting. Perhaps the engraver mistakenly put "President" instead of "Governor" ?? I don't know but it is certainly interesting. It remind me of the black strip seen on Fr-1225's. Let us know if you find out why!
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Awesome set of notes. It took a lot of patience and love to put those together. I enjoy reading about your ventures. Thanks!
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Very nice! Great story. I am not a big serial number fan but I like your tale. How in the world did someone accumulate 00001111 from such a variety of Feds? I posted a crossover some time ago. A CGA 64 $5 North Africa Emergency turned into a PMG 45. I never sent another in since. I still have a dozen or so CGA's kept as oddities. I too was a coin collector and the first time I held a large $10 Hillegas gold certificate in my hand, I was addicted. I never even knew notes had been so large in our past and was astounded that large notes like that could survive unfolded. I always believed part of my transition to currency from coins was due in part to vision! My vision got worse so tiny coins became blurs and big notes seemed more attractive.
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I too am astounded. How in the world would the Ch#, seal and serial number be printed on the reverse of the note in such and awkward position? Mangled is the operative word here as the printing machine must have jammed to create such an error. I wonder if the sheets were re-fed into the machine or if this error was a single pass. The Bebee collection is fascinating. The National below is a: 1) territorial note 2) high denomination 3) error, a $50 reverse with a $100 obverse in addition to the CH# being inverted in addition to high quality!
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You are truly an awesome Citizen!
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Truly. Many notes have actually lost value over the last 10 years or so. Even the really expensive rare notes have even seen some decreases since 2013-2015 and it's fairly apparent that the highest note prices were prior to the crash of 07-08. Also, I see folks bidding on Heritage are reselling on Ebay for a razor thin margins. I wonder how many real collectors are out there! I have noticed that really nice notes that have large populations have more or less remained constant over the last 8 or so years. So yes, that commission eats you up when you resell. Banknote Reporter has scant mention of price trends so you're right, there is very little guidance on price trends. One really has to watch the markets closely to even get a feel for it. T&P is good, I just never found it a particularly useful guide on price trends. Doing searches on Heritages ~600,000 notes sold is the only way I can really keep up on trends. I have noticed you can take a bath if you try to resale notes with any flaws unless the rarity of the note precludes those flaws and that seems to be on really expensive notes. And of course, as I have said many many times, buying ungraded notes is Russian roulette. Finally, the traffic of this board compared to NGC or other coin sites is really the nail. This board has a handful of us posting. PMG has let this web site flounder. Many folks update their note collection but no one shares their ideas. Maybe because us currency collectors are the oddest of the odd but i do love it!
Where has all the action gone, gone to flowers everyone.
in CaptBrian's Journal
A journal by CaptBrian
Posted
There are 5 large and 15 smalls reported from Sulphur Springs (Bad Air), this is the only SN Uno.
There are 21 large and 20 small reported from your Beautiful Air bank. I tried to find out why the town was named Sulphur Springs but nothing much, less why it's not spelled the American way. The town was named Bright Star when it was along the Pony Express. Why they changed it is not clear from Wikipedia. It's not near the oil cities of east Texas where one would expect the pungent smell of sulfur and the biggest employers are the ISD and Walmart (no surprise). Just the type of note I love. Thanks for posting your floral slant on the world. PS I love those BEP issued souvenir cards of the Fr-1179. I wonder how many were printed?