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DonEinNY

For those who haven't seen it yet, a recent "Pawn Stars" episode showed Rick Harrison and Chumlee visiting a warehouse in Los Angeles where the original American Bank Note Company printing plates are being stored.  The episode is entitled "The Chuminator" and is Episode 13 from Season 16.  The full episode can be seen at https://www.history.com/shows/pawn-stars/season-16/episode-13 for those who are subscribers to one of the networks on which The History Channel is broadcast.  A partial view of the segment was also recently posted on YouTube as

, but it doesn't show the plates selected or the discussion of the deal. 

The seller stated his desire to sell all the plates in one complete lot and seemed reluctant to sell the plates individually, but he does sell some to Rick Harrison.  From my count, Rick Harrison buys 12 plates for $2500 and a terrific Peoples Insurance salesman's sample advertising plate for $2000.  In my estimation, this is a steal!!  The group then goes to the nearby International Printing Museum to have a train vignette printed. 

It is difficult to watch the printing plates being sold off individually, but I guess that is what will eventually happen.  The other disappointment is the plates have never been inventoried.  I think a historical opportunity is being lost in the process. 

A question I have is, "Does anybody know how the plates ended up in Los Angeles?"  Considering that ABNC has always been an east coast company, it seems unusual the plate would end up in L.A.


Pawn Stars Train.jpg   

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Dan Cong
If we all put in $100 we could make a good offer for the lot and beat that cheapskate Rick. I estimate that would be 1435 plates each. Plus shipping. 
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GregAlex
He got a great deal on the People's Insurance plate alone. Everything else was just gravy. I would love to get a print from that large plate.
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Grizzlybare
Did anyone go forward with this?
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GregAlex
Go forward? You mean buy them all? I think Dan Cong was just kidding.
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Grizzlybare
I was ready to go in on a pallet! They had 50 pallets probably. I couldn’t find the Adam seller anywhere!
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Dan Cong
I’m down. I’ll even go $125 if that’s what it takes to seal the deal - (per each)
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Grizzlybare
I’m wondering if a call to the pawn shop would turn up any info on the seller?
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karlnewman
UPDATE: Hey Guys - I was searching for this Pawn Stars episode and read this thread... I work with the seller, Adam, and I know all about the ABNC plates in the Wherehouse in Torrance CA, and how they got there.  They are AMAZING history and some of the most beautiful art engravings I've ever seen.  Please let me know if you are interested in learning about the massive ABNC purchase, and any interest you may have in purchasing these original American Bank Note Company printing plates.  Thanks - Karl Newman
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mfontes
I don’t collect plates but it would be cool to own one. 
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tigertrader
karlnewman wrote:
UPDATE: Hey Guys - I was searching for this Pawn Stars episode and read this thread... I work with the seller, Adam, and I know all about the ABNC plates in the Wherehouse in Torrance CA, and how they got there.  They are AMAZING history and some of the most beautiful art engravings I've ever seen.  Please let me know if you are interested in learning about the massive ABNC purchase, and any interest you may have in purchasing these original American Bank Note Company printing plates.  Thanks - Karl Newman


Something tells me you may have several PM's waiting for you Karl! 

Frankly I am sure we would all like to know more and if there is an opportunity to buy some or all of them you found a good group of potential buyers... We even just like to hear the stories...




On a side note, the forum does a good job at pushing the posts/threads into search engine results and that will pay dividends in the future as it continues to get better search positions for people doing online research and then ending up here! 
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karlnewman
TigerTrader, I'll check with Adam this morning, and get back to you on what I find out. Adam Crum is the former Vice President of Monaco Rare Coins for 22 years, and last year he purchased Monaco (www.monacorarecoins.com) and opened Finest Known, LLC. (www.finestknown.com).  The ABNC plates have not been marketed yet, so I'm sure Adam is open to any ideas or offers. - Thanks, Karl Newman
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karlnewman
UPDATE:  Below is an overview that Adam wrote about the American Bank Note Collection... He will be answering your questions about how this Currency Deal came to us and ended up in a warehouse in LA... Until then, here is some good information about the ABNC Printing Plates!

***BEGIN - Adam Crum Wrote: 


If you could access the tools used by the greatest imaginations to ever live, what would you do with them? Would you create a masterpiece, or just admire how the masterpiece was made to begin with? If you could hold Picasso's brush between your fingers, would you feel the power and the emotion of every stroke surge through your hands?

For centuries people have connected with objects of the past because they survive what our physical bodies cannot. They create contact to entire civilizations that came before, to the people who shaped our lives. They answer the why's and the how's of our very existence.

Since the beginning of recorded history, money has been the tool through which all societies have evolved in
grander versions of themselves. Without some means of universal exchange, large economies could not possibly exist and the human desire of life, liberty, and the pursuit of happiness wouldn't be possible.

Today, the American economic engine is a model to the entire World. Even in tougher times, the American model has always come out ahead for her people.

The Stock Exchange has long been the portal through which an average man could possibly strike it rich by simply investing and believing in the companies that were pumping the American heart.

We have a unique and historic opportunity for you to acquire the steel plates that printed those very stock certificates through which the entire system was made possible prior to the advent of an electronic exchange system in modern times.

Each piece is a unique piece of art engraved by artisans of the day. They feature incredible vignettes that mirror the most sensational depictions of America that were a beacon of light to millions of people throughout the world.

The American Bank Note Company was the brainchild of first U.S. Mint Engraver Robert Scot in 1795. For decades it printed the banknotes for the many chartered banks throughout the United States. It then became responsible for printing the nation's stock certificates once the U.S. Bureau of Engraving and Printing took over the printing of banknotes after the Civil War.

From postage stamps to today's credit cards, traveler's cheques, and the country's most secure financial documents, it's likely no American has gone untouched by the profound number of instruments the American Bank Note Company created to make the economy function. These instruments have served as the global professor on how entire societies secure their financial documents even in modern times. In fact, the ABNote Company remains the authority and the #1 leader in printing specialized, highly secure documents even today.

You have the opportunity to hold in your hands, acquire, and market these tools to a vast audience. Each is a unique and masterful piece of art that drove the entire dream of prosperity.

So, will you transport yourself to their hey-day and feel that energy and connection to history between your fingertips?

*** END

Please Private Message if you have any interest in these ABNC Printing Plates.  Thanks, Karl Newman & Adam Crum

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GregAlex
Just sent you a PM, Karl. This is of great interest!
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Grizzlybare
On the ABNC collection, I would be interested in a purchase if some could be acquired at a reasonable cost.
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Russell Kaye
Adam needs an editor. His sales pitch is full of inaccuracies.

I have been involved with the sale of the ABN Co. Archives since 1987 when I was working for Christie's in NY. I attempted to buy the plates and foreign currency 30 years ago but there was an inside deal and much corruption involved with the sale of ABN Co. archives. The individual who brought the deal in for Christies had her favorites and that's why much of what was not sold at auction was sold privately to "favored" buyers. The plates were sold and many were consigned to Stack's in the early 2000s. So this group is NOT intact. Many of the best few thousand plates have been sold or donated.

There was an attempt to sell some privately before the Stack's auctions as well. I remember some rolls with vignettes and border designs were offered. So, I think that this will be the third offering. However, the lot of plates was huge. It included many questionable items, like elements of U.S. Govt. securities, many uninteresting items, like borders, counters, etc. and presumably many completed plates. Some of the obsolete plates were sold but many must remain. These may be among the better remaining items but such huge quantities are way beyond what the collector market can absorb. So the challenge is to market these really esoteric things to non-collectors. I know that we have many interested collectors here but we can't buy 1% of this archive. With that said, there should be plenty of supply but so far it's been locked up, in storage, for 30 years.
Buying, Selling Currency and Sharing Knowledge-Especially Obsoletes.
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karlnewman
Russell Kaye, Thanks for that insight.  Adam said the body of that write-up was provided to Adam, and he edited some of the content (shortened/ added call to action). Yesterday, I talked with Greg Anderson, Wendell Wolka, and Bob Schwartz.  I learned much, and I welcome any feedback and information you may be able to shed light on.  I will private message my cell, if you would like to discuss the collection to better help us understand the history of these plates. - Thanks Much! - Karl Newman
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GregAlex
Karl meant Greg Alexander, but I'm not complaining. ðŸ˜‰ It was a very interesting conversation!
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