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GregAlex Show full post »
 
signal6271
mikelaw wrote:
Let’s see ... what about these two ? A little easier. Good luck.


One is a first issue Fr#686 to 688 Bust of John J. Knox also used on the second issue of Fr#689 to 697 and third issue $100. note Fr# 698 to 707a
 And the Eagle goes with the Fr#1133-A to Fr# 1133b-L a $1000. note with the Bust of Alexander Hamilton.
Yep absolutely, wait here it comes. Having computer issues. Here u go. And for the record I do not own these,yet? [biggrin]WP_20180418_003.jpg  WP_20180418_004.jpg
Tony [biggrin]
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GregAlex
Can we get a visual match? That's always more interesting. Doesn't have to be something you own.
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mikelaw
Tony’s correct again....Here’s both notes :

Mike
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GregAlex
Three new ones today. The Douglas portrait might be tough, but I know of one match.

Stephen Douglas.jpg 
Eagle.jpg  Women & soldiers.jpg 
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YoungCollector
CCyDoug.jpg 
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GregAlex
Well done, Paul!
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YoungCollector
if only you had picked the $5000 I could have posted my own proof ;-)
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YoungCollector
these large green seals on the legal CD's are unique, aren't they?
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GregAlex
I can't think of any issued currency that has one like that. Anyone else know for sure?
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YoungCollector
so, do you consider the Legal CD's to be "issued currency?"
what about seven-thirties?
demand notes?
the refunding certificates?
LOL

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GregAlex
Oh, I think we've come up with the perfect new topic for you to start! [biggrin]
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YoungCollector
so, about these green seal CD's .. in the 1870's, 1880's there were lots of national banks ... as collectors here all know ...
now, these national bank issued notes that were usually not legal tender, but they were guaranteed to be exchangeable for legal tender ...
a national bank would buy interest bearing bonds and deposit them with the treasury and issue national bank notes against them ...
but they also had to have "reserves" to redeem their own notes rather than appeal to the treasury holding the bonds ...
so they had stockpiles of Legal Tender notes ...
but little National Banks would deposit their legal tender notes with big National Banks ...
big National Bank ended up with hoards of these things ...
so the government issued Legal Tender CD's (like the one pictured above) so that Big National Bank could hold onto them and save space ...
the CD's did not pay interest

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YoungCollector
in the 1870's legal tender notes could not be exchanged for gold coin, so keeping your reserves in the form of gold coin was a big no-no for a successful banker ...
Gold certificates existed then but paying them outside the banking system was unheard of
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mikelaw
Young Collector...thanks for sharing research..good stuff. Greg’s Eagle looks like a $1 Federal Reserve Bank Note. Here’s two more. Good luck. Where in the collecting world is Intaglio and Road King ?

Mike
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GregAlex
Mike, the eagle on that $1 FRN looks similar but it's actually not a match. Keep looking and think ... gold.
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mikelaw
Gold? Oh, duh...thanks for the clue. Here we go. That was a tough one...nice..


Mike
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signal6271
WP_20180419_004.jpg  WP_20180419_003.jpg  WP_20180419_001.jpg  WP_20180419_002.jpg Excellent clue for the "think Gold" but photo and the rendition from the book do no justice. The other photo Mike has posted of the Eagle is much better.
Tony [biggrin]
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GregAlex
mikelaw wrote:
Where in the collecting world is Intaglio and Road King ?


Huh?
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GregAlex
Here's a full view of the vignette from the $20 National -- titled Loyalty.

Loyalty.jpg 
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YoungCollector
I have always thought of the $20 national as a "design fail".
Am I the only one who thinks that the guy from the battle of Lexington is shooting at Loyalty?
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YoungCollector
Rawdon, Wright, Hatch & Edson!   1,2,3 Challenge!


IMG_1334.jpg 
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YoungCollector
IMG_1335.jpg  IMG_1336.jpg  IMG_1338.jpg 
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YoungCollector
I don't actually know of any matches as my collection of obsoletes is thin ... any match counts as a Yoda-like accomplishment
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GregAlex
YoungCollector wrote:
I have always thought of the $20 national as a "design fail".
Am I the only one who thinks that the guy from the battle of Lexington is shooting at Loyalty?


I noticed that too!
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mikelaw
Young Collector’s 1,2,3 challenge is incredibly difficult. Good luck

Here’ s the note matching vignette posted above.

Mike
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