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The E-Sylum: Volume 20, Number 44, October 29, 2017, Article 21

HISTORICAL MISSOURI SCRIP IN NEWMAN PART VIII

Catalogers Bruce Hagen and Maureen Levine submitted some great Missouri scrip selections from the upcoming Heritage Eric P. Newman Collection VIII sale. Thanks! -Editor

Diverse and Historical Missouri Scrip in Newman Part VIII

The upcoming Selections from the Eric P. Newman Collection Part VIII features a separate catalog (volume 2), dedicated to Eric's Missouri paper money collection. Most of the notes offered are cataloged for the first time and have been in Eric's collection for at least 75 years. Banknotes, financial documents, and scrip will be offered. The diverse and historical scrip notes commence in the Territorial period and continue into the 1870s and include a wide variety of genres and issuers. The sale will take place at the Heritage Auctions world headquarters in Dallas with the live auction on November 1 and the internet sale on November 2. Some highlights are below:

Lot 28341: A. T. Crane, Post Master at the St. Louis Post Office

Post Master at the St. Louis Post Office 6 cents

Possibly Unique St. Louis Post Office Pink Paper Postmarked 6 Cents Scrip: The postmasters of St. Louis issued the first printed currency notes in 1816. Aaron Crane issued two series of notes during his brief tenure as postmaster. The earliest series printed on pink paper is extremely rare and this six-cents is not only an odd denomination, but it is surcharged with a straight-line (as opposed to circular) postmark.

It's amazing that such notes have survived to tell the tale of early finance. The plain style is common for the day - many of the early Pittsburgh notes I collected were similar in nature. -Editor

To read the complete lot description, see:
(St. Louis, M.T.) - A. T. Crane, Post Master at the St. Louis Post Office, "Post Office Change/Receiv'd for Letters" 6 Cents ... (https://currency.ha.com/itm/obsoletes-by-state/missouri/-st-louis-mt-a-t-crane-post-master-at-the-st-louis-post-office-post-office-change-receiv-d-for-letters-6-cents/a/3547-28341.s)

Lot 28475: 1862 French Point, MO $1.25 Scrip

1862 French Point, MO $1.25 Scrip

Superb T. R. Livingston French Point 1862 $1.25 Scrip Payable in the Cherokee Nation: Most private scrip, both from the North and the South, was created during the Civil War. Confederate-influenced scrip from Missouri is rare due the instability of the relatively few towns and small geographical area controlled, primarily in the southwest corner of the state. Some notes were issued from one location but payable at another, where the Confederate Army was in a stronger position. The T. R. Livingston notes, payable in the adjacent Cherokee Nation, are an example of this type of issue. This $1.25 note is payable “In Confederate Money” and one of the finest example known.

When I actively collected Civil War scrip, I enjoyed finding notes payable in Confederate notes. Another interesting sideline of obsolete note collecting. -Editor

To read the complete lot description, see:
French Point, MO - T. R. Livingston & Co. Redeemable at J. M. Bryant's Store, C.[herokee] N.[ation], or at my Headquarters $1... (https://currency.ha.com/itm/obsoletes-by-state/missouri/french-point-mo-t-r-livingston-and-co-redeemable-at-j-m-bryant-s-store-c-herokee-n-ation-or-at-my-headquarters-1/a/3547-28475.s)

Lot 28528: 1872 Scotia Iron Works Store $5

1872 Scotia Iron Works Store $5

High-Grade and Stylish Scotia Iron Works $5 Note: Despite being prohibited by federal law, scrip notes continued to be issued after the Civil War. They were often essential for companies to pay workers or to float debt during financial panics, such as that of 1873. Iron mining was a significant Missouri industry, and several mines issued paper scrip notes. The five notes from the Scotia Iron Works Store in this sale are, to our knowledge, published and cataloged for auction for the first time. This $5, 1872-dated note has a Federal eagle at the upper left and has the appearance of an official government-issued note. It may be a unique example.

To read the complete lot description, see:
Scotia, MO - Scotia Iron Works Store $5 August 15, 1872. PCGS Extremely Fine 40.. ... (https://currency.ha.com/itm/obsoletes-by-state/missouri/scotia-mo-scotia-iron-works-store-5-august-15-1872-pcgs-extremely-fine-40/a/3547-28528.s)

Lot 28551: St. Louis Omnibus Co. $3 Note

St. Louis Omnibus Co. $3 Note

Highest Denomination St. Louis Omnibus Co. $3 Iowa Tie Note-Ex Wismer: Some privately issued notes were tied to other locations, either to be deceptive, skirt legal restrictions, or make redemption of legitimate notes more convenient. Eric classified these “tie” notes together in his collection, and they are grouped together in the catalog. Perhaps the most intriguing issue is the St. Louis Omnibus Co., with the title very dominant across the center. Eric specifically requested the three denominations in 1939 from D. C. Wismer after seeing them in an advertisement in The Numismatist. Although the series is payable in Belleview, Iowa, this is technically a New York City issuer.

To read the complete lot description, see:
New York, (NY) - St. Louis Omnibus Co., "charge to account of...to E. G. Potter, Bellevue, Iowa" $3 18__ Oakes 7-3. Remainder... (https://currency.ha.com/itm/obsoletes-by-state/new-york/new-york-ny-st-louis-omnibus-co-charge-to-account-ofto-e-g-potter-belleview-iowa-3-18-oakes-7-3-remainde/a/3547-28551.s)

Lot 28581: 1887 National Indian Ball Game Ad Note

1887 National Indian Ball Game Ad Note front

1887 National Indian Ball Game Ad Note back

Extremely Rare 1887 National Indian Ball Game Ad Note: Advertising notes are not necessarily scrip, though sometimes they were redeemable for discount. Eric has several interesting ad notes, and his grandfather issued advertising notes printed on the back of Missouri Defence Bonds (retained by the family). One of the most intriguing American advertising notes is the very rare 1887 National Indian Ball Game type with portraits of actual Native American baseball players on the color back. The notes were issued by Thos. Ward of St. Louis for the games played at Sportsman's Park. We know of only one other example.

These baseball ad notes are a wonderful subgenre, and this National Indian Ball Game is something else. Wow. -Editor

To read the complete lot description, see:
St. Louis, MO - Thos. Ward, Livery and Boarding Stable-Undertaker of Funerals - 1887 National Indian Ball Game Advertising No... (https://currency.ha.com/itm/obsoletes-by-state/missouri/st-louis-mo-thos-ward-livery-and-boarding-stable-undertaker-of-funerals-1887-national-indian-ball-game-advertising-no/a/3547-28581.s)

Bidding will close soon, and we wouldn’t want you to miss out on these wonderful Newman Collection notes. Please visit HA.com/3547 .

The Newman sales are a once-in-multiple-generations opportunity to acquire extremely rare numismatic material. Be sure to review the catalog and get in your bids. -Editor


Wayne Homren, Editor

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