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V17 2014 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 17, Number 37, September 7, 2014, Article 26

THE HERITAGE JAMES SMILLIE ARCHIVE SALE

David Gladfelter writes:

Heritage 2014 September 3 - 8 Long Beach sale catalog The Heritage currency auction Wednesday night contained material from the personal archives of James Smillie (1807-1885) and his son James D. (1833-1909). The prices realized were beyond strong – they were uniformly double, triple and multiple times high estimate. The highlights were nine scrapbooks of engravings, the most expensive of which realized $60K on a $20-25K estimate (lot 18437). Lot 18434, a book of examples of James Smillie’s work in which I was particularly interested, brought $26K on a $1K-2K estimate.

Also realizing strong prices were vignettes by these and other well-known bank note engravers grouped in lots of ~10-15 by subject matter such as eagles, horses, architectural and military topics.

The Scottish-born James Smillie worked as a bank note engraver for several firms including the National Bank Note Co. and the American Bank Note Co. His son also worked briefly for ABNCo. but was primarily a painter. See Hessler, The Engraver’s Line.

Lot 18441 was a scrapbook kept by Thomas F. Morris that was not part of the archives. It actually sold well below its $4K-6K estimate. I think everyone was shell-shocked and not paying attention (including myself). CAA sold it in 1998 for $4,950 per lot description. I had not targeted this book as a priority (dammit).

Wow - it's great to see such interest in this material. Below are excerpts and images from some selected lots. Be sure to read the catalog or view Heritage's web site to view other items from the sale. -Editor

Lot 18430: Presentation Book of Large Engraved Scenes From Around the World ca. 1858

Simillie Lot 18430 Simillie Lot 18430 image

Presentation Book of Large Engraved Scenes From Around the World ca. 1858 from the Smillie Archives

Robert Hinshelwood, an engraver and Smillie family member by marriage, presented this book of approximately 100 large architectural and scenery engravings to James D. Smillie in February, 1858. Many are identified on the back including the subject and artists involved. From The Smillie Family Archives

To view the complete lot description, see:
currency.ha.com/itm/miscellaneous/other/presentation-book
-of-large-engraved-scenes-from-around-the-world-ca-1858
-from-the-smillie-archives/a/3529-18430.s

Lot 18431: James Smillie's Personal 1850 Scrapbook

Simillie Lot 18431 image Simillie Lot 18431 page

James Smillie's Personal 1850 Scrapbook
Sometimes wonderful things come in humble wrappings. That is certainly the case with this scrapbook, put together by James Smillie beginning in 1850. Although the exterior covers and binding show their age, their condition simply does not matter once you delve into the contents. Smillie kept business cards, labels, carte d'visites, bill heads, stock certificates, bills of exchange, and, yes, even a few bank notes. They all reside inside this one inch thick volume. There are many hundreds of neat paper collectibles that, by in large, are in very nice condition. The glue used to affix them to the pages has not produced any significant damage. Here are a few of the highlights of the contents:

  • Business Card for S. Stiles & Co. - Engravers & Printers
  • 50¢ scrip from the Franklin Street Consistory House Classic School New York
  • Labels and Business Cards galore
  • Columbia Pick 5 and Pick 6 1 and 2 Peso notes - uncut pair
  • Stock certificate on the New York & Mississippi Land Company
  • Stock certificate on the Planters Bank of Tennessee
  • Stock certificate on the City Bank of Montreal
  • Certificate of Deposit on the Ohio Life Insurance & Trust Co. - Cincinnati
  • Durand, Perkins & Co. broadside listing prices for engraving and printing bank notes

To view the complete lot description, see:
currency.ha.com/itm/miscellaneous/other/james-smillie
-s-personal-1850-scrapbook/a/3529-18431.s

Lot 18437: Book Entitled "Specimens of Bank Note Engraving by Toppan, Carpenter, Casilear & Co.

Simillie Lot 18437 image Simillie Lot 18437 page

Book Entitled "Specimens of Bank Note Engraving by Toppan, Carpenter, Casilear & Co." From the James Smillie Archive

This book is beautifully bound in light brown leather with the title in gold. The cover is intact but the spine has worn down to the paper backing. The book has over 75 pages and, at one time, it was full of uncut sheets of obsolete proof notes. Ghost images of many can still be detected on a number of the album pages. For whatever reason, most of these sheets were removed and Smillie repurposed parts of the book to mount die proof vignettes and miscellaneous prints that were of interest to him (some fifty pages). Fortunately for collectors, and for reasons which have been lost to time, seven proof sheets remain along with two pages of world proof notes. Sheets remaining are:

  • $1,$1,$1,$1 Quinnipiack Bank of New Haven, CT Previously unknown as either a proof or as a sheet. Mounted to card stock with scattered light foxing and minor stains. Four POCs on each note as expected. These are non-issues for a sheet of this extreme rarity.
  • $5-$5-$5-$10 Marine Bank of Providence, RI Haxby G8-G8-G8-G10 Durand 1538 x3 - 1542 Previously unknown as a sheet. Mounted to card stock with a small stain affecting only the top $5.
  • $1-$1-$2-$5 Marine Bank of Milwaukee, WI Haxby G2-G2-G4-G6 Krause G2-G2-G4-G6 Previously unknown as a proof sheet. Mounted to card stock with minor foxing. 4-5 POCs on each note as expected.
  • $20-$50-$100 Bank of Caledonia, Danville, VT Previously unknown as proofs, as a sheet, with this date, and with this imprint. The three subject sheet has a soft peach or orange overall protector tint and light scattered foxing which, again, is a non-issue on a sheet of this extreme rarity
  • $1-$1-$1-$1 City Bank of Montreal, Canada Charlton 110-14-02-02P x4 Believed to be the discovery piece in sheet form (a rather unusual 2 x 2 sheet format rather than the customary 4 x 1 layout of this period) Some light scattered foxing.
  • $5-$5-$5-$5, Weybosset Bank of Providence, RI Unlisted as a proof in Haxby, Durand 2070 x4 Previously unknown in sheet form. Mounted to card stock with light scattered foxing. Unfortunately someone has removed the lower left vignette of a maiden holding the state seal from the bottom two notes.
  • $1-$1-$2-$5 Hudson City Bank of Hudson, WI. Haxby X1 Krause X1 Mounted on card stock with minor foxing noted. Extremely rare with a great provenance.

The world proof notes are from:

  • Great Britain - £5 The Kington & Radnorshire Bank ca 1820s Proof on card stock
  • Great Britain - £5 The Wakefield and Barnsley Union Bank ca. 1830s-40s Proof on card stock
  • Great Britain - £5 The Paisley Commercial Banking Company ca. 1830s-40s Proof on card stock
  • Great Britain - £1 The Bolton Bank ca. 1830s-40s Proof on card stock
  • Scotland - 100£ The Western Bank of Scotland (Glasgow) ca. 1836
  • Isle of Man - £1 Isle of Mann (sic) Commercial Banking Company ca. 1840 In addition, the following items were loose in the book:
  • American Bank Note Company advertising note ca. 1870-1880 advertising the company's areas of expertise and Crane & Co.'s Glazed Bond paper. Oval portrait of Washington and light orange overall tint
  • Essay for tint elements of an unidentified $20 design printed in blue and gold
  • Back proofs for the Banque D'Hochelaga (Canada) for the $5, $10, and $20 1889 series (Charlton 360-14-02P, -04P, -06P) printed in blue. The $5 back is on card stock while the $10 and the $20 are on proof paper.

Obsolete bank note proofs and models:

  • South Danvers, MA The Warren Bank $500 G84 Proof The note has had three references to 500 neatly removed. Black and green; mounted on card stock
  • Louisville, KY The Bank of Kentucky $5 G20 Hughes 493 Proof 4 POC on card stock
  • Philadelphia, PA The Bank of North America $5 G172a as Hoober 305-50 Proof 6 POC
  • Portsmouth, NH The Rockingham Bank $1 Proof 6 POC
  • Wilmington, DE The Union Bank of Delaware $1 as G2 (but a Proof) Mounted on card stock
  • Wilmington, DE The Union Bank of Delaware $2 as G4 (but a Proof) Mounted on card stock
  • New Orleans, LA The Citizens Bank of Louisiana $100 as G48a (but a Proof) Mounted on card stock with Bank title and 100 from counter removed. Mounted on card stock 4 POC
  • Boston, MA The Bank of Mutual Redemption $5 as G6b except black and white Proof Mounted on card stock. Uniform light foxing on card that does not significantly impact the note itself.

To view the complete lot description, see:
currency.ha.com/itm/miscellaneous/other/book-entitled
-specimens-of-bank-note-engraving-by-toppan-carpenter-casilear
-and-co-from-the-james-smillie-archive/a/3529-18437.s

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Wayne Homren, Editor

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