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V25 2022 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 25, Number 40, October 2, 2022, Article 28

U.S. $100,000 PROOF NOTE LOST IN FLOOD

In light of this week's Hurricane Ian, an article by Editor Fred Schwan in the same MPC Gram issue (Series 23 No. 2542, 1 Oct 2022) mentions a rare item that numismatist Arlie Slabaugh lost in a flood. -Editor

Several years ago, lower Alabama was hit by a big storm. The next day we were having some wind here in northern Ohio. I called Harold Kroll (from lower Alabama as he likes to say) and told him that based upon the news I was watching out my window to see if any of his MPC was blowing past.

We laughed about that because we not only were safe, but also did not know anyone who was in fact hurt by the storm.

I could only think of one report of actual significant numismatic loss to a major weather event. Arlie Slabaugh was a great numismatist. I am not sure, but I think that his numismatic "career" stretched from the 1930s through the 1990s.

I had the distinct pleasure of visiting Arlie at his home. He told me many things about his life in numismatics. Sometime in the 1930s or 40s he suffered a flood. I do not know if he lost everything, but I remember one piece that he lost. It was a proof of a United States $100,000 note! Wow. I think that we too joked about a $100,000 bill floating down the river. Of course we were looking back 40 or 50 years.

I hope that everyone who receives the Gram is safe.

Here's hoping all of our readers are safe as well. Wow! What a tragic loss. As a proof I assume it was not legal tender, but still - what a centerpiece for a U.S. paper money collection. There must be more incidents of numismatic losses due to weather events. Anyone have one to share? -Editor

The MPC Gram is an email newsletter for collectors of Military Payment Certificates and other military numismatica. To subscribe to the MPC Gram, see: https://guide.us13.list-manage.com/subscribe?u=10eb366ab80344a56657e0d5d&id=58874b37e1 . -Editor

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Wayne Homren, Editor

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To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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