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mikelaw Show full post »
 
larry510
20191117_220712.jpg 
Quote 7
mikelaw
Wow...thanks. Don’t be shy...keep posting. 
Mike
Quote 0
mikelaw
Larry...love the Philly note. Waiting for kick off Eagles - Redskins.....
Mike
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stlnats
Perhaps much to the horror of some folks, one of my favorite notes and one that might be buried with me.  Its a fairly common big bank in mediocre condition and, worst of all, I have a ton of duplicates with "minor" varieties.  Turns out it was one of my first STL notes and the only STL bank to use engraved sigs.  The note prompted me to actually research the bank at National Archives and to learn about the use of engraved sigs both in general and on this specific note.  And the "dups" are different plate positions illustrating before and after sigs were added to the bank's  printing plates - a simpler form of plated used by philatelists on early stamps.  Illustrating the change of regs/practice is more easily done with big banks and this note is a nice example, at least for me.  BTW, the first sheet issued with engraved sigs for this bank was 138000 and if I recall correctly this note was in the first printing using the modified plate..  There were 3x$10-$20 sheets printed for the bank as well, but never issued since there were sufficient stocks of earlier notes in the Comptroller's inventory for issue to maintain the bank's circulation.  What fun! 

5172 engr 1024.jpg 
Always interested in St Louis MO & IL metro and Evansville IN paper money, scrip, financial docs, banking ephemera, etc.  Also collect Latvian 1915 - 1940 city and national paper money by block letter/variety
Quote 9
stlnats
A few others I have scanned.  
.   2670 5 A9231 1024.jpg  7808 5 No 1 1024.jpg  8455rsno2 1024.jpg  9297 5 Buder share.jpg  9297 5 waggoner share.jpg  12220 firsttitle 5 1024.jpg  fourth bb 1024.jpg  granitecity6564 1024.jpg  6125 1902 PB 1902 date 6978.jpg  6125 1902 PB 1922 $5 1024.jpg  livingston 1024.jpg
The Collinsville notes are an interesting pair btw and provides a little caveat about using census data. The first is dated 1902, and was issued during the banks original charter period.  The second, dated 1922, is from the bank's first 20 year extension of its charter.  The notes are of slightly different layouts (see the "THE" and the different treasury officials). The second is also a sheet number substantially lower than that appearing on the 1902 note. These are arranged by sheet serial in the census data tho so its easy to mix up which issue it is unless you have a picture or, often, the plate letter.  This is not THAT common, since a limited number of charters were affected before the law changed, and provides the specialist with a fun challenge to find such pairs.  

What fun!
Always interested in St Louis MO & IL metro and Evansville IN paper money, scrip, financial docs, banking ephemera, etc.  Also collect Latvian 1915 - 1940 city and national paper money by block letter/variety
Quote 13
coinfrog
Very common bank, but easy on the eyes - Click image for larger version - Name: 5 1929 NC Lexington N66 OBV 90 orig.jpg, Views: 152, Size: 513.25 KB
The value of anything is what you can sell it for the same day you bought it.
Quote 12
MEC2
Boy look at that circus poster $5 from St. Louis, looks like it was used as a doormat but even then that is NOT a cheap or easy note... I'd say it's right up my alley, but my alley is on the poorer side of town... I like the sigs on it too, alot of honest circulation... that Livingston ain't no slouch either, though out of the box it's nice, rare, and has a somewhat lower serial number...
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stlnats
MEC2 wrote:
Boy look at that circus poster $5 from St. Louis, looks like it was used as a doormat but even then that is NOT a cheap or easy note... I'd say it's right up my alley, but my alley is on the poorer side of town... I like the sigs on it too, alot of honest circulation... that Livingston ain't no slouch either, though out of the box it's nice, rare, and has a somewhat lower serial number...


Appreciate the comments MEC.  The 4th NB BB is from the late Bob Cochran's BB collection, a friend and my STL mentor when I started collecting..  Right after he got it, he showed it and told me the seller had purchased it off a bid board...musta been one heck of a bid board,   I think its the only bank in MO that received a circus poster layout and it is unique for the bank, at least so far.  There are 2 BB $5s in the census but the other has a design with the earlier "patent letter" layout (plate letter C vs H).  I'd love to have a crack at the earlier note someday; also low grade but what a pair!. 
Always interested in St Louis MO & IL metro and Evansville IN paper money, scrip, financial docs, banking ephemera, etc.  Also collect Latvian 1915 - 1940 city and national paper money by block letter/variety
Quote 1
jordon
stlnats wrote:
The note prompted me to actually research the bank at National Archives and to learn about the use of engraved sigs both in general and on this specific note.


I've been collecting Nationals for a few years but only found out about engraved sigs recently. What did you learn at the National Archives? Are there any articles in Paper Money that have more information?
Florida and Washington state Nationals; engraving errors and varieties; courtesy autographs
SPMC LM449
Quote 1
stlnats
jordon wrote:


I've been collecting Nationals for a few years but only found out about engraved sigs recently. What did you learn at the National Archives? Are there any articles in Paper Money that have more information?


NA has the Comptrollers records, including organization, examination and correspondence, for most of the national banks thru about 1913 so there was  ton of history I could extract.  Also they have the Bond and Currency ledgers which show receipt of currency from the BEP and issuance/redemption of notes to the bank.  I also came across a ledger which recorded the date a given bank requested sigs be added to their printing plates; those dates can be correlated with the Currency ledgers to provide which sheet serial was printed after addition of sigs to a sheet.  Its been a while since I was in DC so am not familiar with the current procedures to access NA's resources.

I think Huntoons LS national book has more info about engraved sigs and probably there is something in Paper Money about them as well altho I don't have a specific cite to hand.  
Always interested in St Louis MO & IL metro and Evansville IN paper money, scrip, financial docs, banking ephemera, etc.  Also collect Latvian 1915 - 1940 city and national paper money by block letter/variety
Quote 2
mikelaw

Stlnats ..thanks for history lesson and interesting notes. Excellent post. Anyway, here’s my only $5 small size. Thanks for sharing everyone. 

 

Click image for larger version - Name: 91D694D3-4C7C-47D1-87D5-177321CBDB3F.jpeg, Views: 116, Size: 1.90 MB Click image for larger version - Name: 7C2174D0-3525-471B-832A-D63555EE7BDC.jpeg, Views: 115, Size: 1.82 MB
Mike
Quote 7
mikelaw
Coinfrog...Don’t think we missed that charter number 29. Amazing.
Mike
Quote 0
cpolen
FNB of Sweet Springs.jpg
Not the prettiest girl at the dance but a rare note.
Quote 8
mikelaw
Sweet looking dancer. Love the name. 
Mike
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MEC2
Oh boy Daddy like that Sweet Springs note...
Quote 0
CurrenSee
LWBooth wrote:
I have always thought these were interesting, a one-word title change, different charter numbers but the same bank officers. I feel there must be a story there but I do not know any specifics.

IMG_5797.jpg


Sent ya a message.
Quote 4
mvnb767355
cpolen wrote:
FNB of Sweet Springs.jpg
Not the prettiest girl at the dance but a rare note.
  Super note Cord.
Looking for Missouri Nationals/NW Missouri/SW Iowa
Quote 4
stlnats
jordon wrote:


I've been collecting Nationals for a few years but only found out about engraved sigs recently. What did you learn at the National Archives? Are there any articles in Paper Money that have more information?


Huntoon's January 2020 "Proof of the Month" has a brief discussion of engraved sigs, specifically related to FNB of NYC, charter 29, the largest issuer of NBNs.  The data used in the article is from the Smithsonian's collection of NBN certified proofs.  
Always interested in St Louis MO & IL metro and Evansville IN paper money, scrip, financial docs, banking ephemera, etc.  Also collect Latvian 1915 - 1940 city and national paper money by block letter/variety
Quote 2
stlnats
mvnb767355 wrote:
  Super note Cord.


+1 on the Sweet Springs a tiny bank with a classic name.  Congrats.  If you look at the comptroller's reports, it appears that the bank gave up its circulation privilege in 1924 which explains its tiny outstanding at close (and so few survivors).  Kelly only reported one note for the bank; now there's three but definitely not enough to go around. Also it appears that the sigs are Peacock as prez and Haynie as cashier which is interesting because Haynie was only listed as the bank's cashier in the 1919 report, being succeeded by Willie Rothrock.  It'd be interesting to know if Haynie was an organizer of the bank who acted as cashier on an interim basis until a permanent officer was hired.    

Also, on its website Equity Bank has a picture of its branch which looks period to the early 1900s.  Not sure if its the bank itself but  here's a link

https://foursquare.com/v/equity-bank/56b1097d498e3fa7140966ef

What fun.
Always interested in St Louis MO & IL metro and Evansville IN paper money, scrip, financial docs, banking ephemera, etc.  Also collect Latvian 1915 - 1940 city and national paper money by block letter/variety
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