| Author |
Replies: 365 / Views: 19,723 |
|
|
|
|
Pillar of the Community
Canada
2576 Posts |
These 4 examples really demonstrate the recycling of vignettes! 
Edited by walk2dwater 05/14/2026 11:38 am
|
|
Pillar of the Community
  United States
3645 Posts |
Thanks jbuck and walk2dwater!
Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188
|
|
Pillar of the Community
  United States
3645 Posts |
Here's a batch of Arkansas merchant scrip I just received. First, a $2 note from S.N. Karnes in Berryville. Berryville, founded in 1850 in northwest Arkansas, is one of the two county seats (along with Eureka Springs) in Carroll County. This note and merchant are unlisted in Rothert.  This is a $1 note from Barnette & Devine in Clarksville. Clarksville, established in 1836, is about 100 miles northwest of Little Rock on I-40 on the north side of the Arkansas River. Rothert lists a very similar 50 cent note from this merchant, but this one is unlisted.  This is a $1 note from R.R. Newell in Fayetteville, Rothert 200-3. Note that Fayetteville is misspelled, as it is on all notes from this issuer. An interesting thing I've not seen on any other Arkansas merchant scrip is the paper appears to be embossed. Another interesting thing is this was also payable in Missouri State Defense Bonds.  Another Fayetteville note, a 25 cent note from W.A. Watson. Rothert lists 50 cent and $1 notes from this issuer, but this denomination is unlisted. The date and serial number are either faded away or were not filled in.  This is a $1 note from J.C. Smith in Huntsville. Huntsville, named after the city in Alabama where many of the early settlers arrived from, is the seat of Madison County in northwest Arkansas. Rothert lists a very similar $2.50 note (though printed on brown paper), but this denomination is unlisted.  This is a 75 cent note from C.C. Danley in Little Rock, Rothert 411-2. I have recently shared another example of this same note, but with a different issue date. This one is the Rothert plate note.  This is a 50 cent note, Rothert 597-2, from H.K. Abernathy in Searcy. Searcy is a city about 50 miles northeast of Little Rock on I-57. This note is the Rothert plate note.  This is a 75 cent note from Hinkle & Sons in Springfield. Springfield is a tiny unincorporated community about 50 miles north of Little Rock. Rothert lists almost identical 25 and 50 cent notes from this issuer, but this denomination is unlisted.  This is a $1 note, Rothert 671-2, from James Patterson in Waldron. I've previously shared 25 and 50 cents notes from this same issuer.  Finally, a 50 cent note from Elijah Drake in Wesley. I've previously shared a very similar $2 note from the same issuer, also printed on lined paper. While Rothert lists one note from this issuer, this and my other one are both unlisted. 
Edited by hokiefan_82 05/14/2026 10:25 pm
|
|
Moderator
 United States
188213 Posts |
Amazing examples! 
|
|
Pillar of the Community
  United States
3645 Posts |
|
|
Pillar of the Community
  United States
3645 Posts |
The Bank of the State of Arkansas and The Real Estate Bank of the State of Arkansas were both created in 1836 not long after Arkansas became a state. The first was intended to serve the general public and become the depository for state funds, and the latter to facilitate agricultural development. Both were troubled by mismanagement, fraud, corruption and the Panic of 1837, and were fairly short-lived. The State Bank was liquidated by the legislature in 1843, and the Real Estate Bank entered trusteeship in 1842 and in 1855 was liquidated with the assets transferred to the state. The Real Estate Bank had headquarters in Little Rock with branches in Columbia, Helena, Van Buren and Washington. The State Bank also was headquartered in Little Rock with branches in Fayetteville, Arkansas Post and Batesville. Here are four new acquisitions from The Caine Collection recently auctioned on Stacks. The first is a $10 note, Rothert 186-2, from the Fayetteville branch of The Bank of the State of Arkansas. This example is the Rothert plate note as well as the Whitman plate note.  Next is a $50 note, Rothert 186-4, from the same branch.  The third is a $5 note, Rothert 18-1, from the Arkansas Post branch of the same bank. I have another $5 note from this branch, but it is of a very different design.  Finally, a $20 remainder, Rothert 680-3, from the Washington branch of The Real Estate Bank of the State of Arkansas. Note the holder label has the wrong bank name. 
Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188
Edited by hokiefan_82 05/29/2026 7:15 pm
|
|
Moderator
 United States
188213 Posts |
Nice examples and thank you for sharing the background information! 
|
|
Pillar of the Community
  United States
3645 Posts |
Thanks, jbuck! One thing I really like about the obsolete notes and merchant scrip is digging into the history surrounding these issues.
Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188
Edited by hokiefan_82 06/01/2026 12:30 pm
|
|
Pillar of the Community
  United States
3645 Posts |
Here are a couple of new additions. The first is a 50 cent note from M. Rose, Son and Carey in Clarksville, Arkansas. Moreau Rose's store was one of the first brick buildings built in Clarksville, built in the 1850's. This note is Rothert 122-3, and though it looks a bit strange I believe the written date is Jan. 15, 1862, which was when his first scrip was issued (later issues had completely printed dates). Another interesting thing is the small vignette at the top - it's the same vignette as I've shared recently from a couple other issues of a dog with a key by a safe or strongbox.  The next note, while very tattered, was one I was very happy to acquire. It was issued by the Arkadelphia Exchange of Arkadelphia, Arkansas. Arkadelphia is the county seat of Clark County and is located along I-30 between Texarkana and Little Rock. It is situated along the bank of the Ouachita River and was known as Blakelytown (after Adam Blakely established a blacksmith shop there in 1809) until the 1830's when the name was changed to Arkadelphia. Banks had been outlawed in Arkansas in 1846, and exchange companies were organized in a few towns to serve as substitutes by issuing scrip. This 50 cent note, Rothert 11-3, features a likeness of a Seated Liberty half dollar, which is the reason I find it so unusual. I've not seen any other Arkansas scrip featuring an image of a coin like this. 
Edited by hokiefan_82 06/05/2026 9:16 pm
|
|
Bedrock of the Community
 United States
25163 Posts |
Very interesting acquisitions, Hokie! It's strange that the Arkadelphia issue depicts a US coin but was issued during the Civil War.
Inordinately fascinated by bits of metal with strange markings and figures
|
|
Pillar of the Community
  United States
3645 Posts |
Thanks, HondoB. Yes, that is quite curious!
|
|
Pillar of the Community
  United States
3645 Posts |
Here is a 75 cent note, Rothert 187-3, issued by the Bank of Dixie. This was an unchartered small bank which operated for a brief time in Fayetteville. The signer of the note is W.L. (Washington Lafayette) Wilson, an early merchant and legislator in Fayetteville. He was also with the Fayetteville branch of the Bank of the State of Arkansas in the late 1830's, and his signature appears on some notes from that branch as president. This example is the Rothert plate note for this issue. 
Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188
|
|
Pillar of the Community
  United States
3645 Posts |
Here is a $2 note from a merchant that was in a consortium with other merchants where they honored other members' scrip. This particular note is from Stirman & Dickson in Fayetteville, and you can see the other places where this note could be redeemed. I have notes from most of those other merchants which I've shared previously. This note was printed on the backs of 25 cent notes issued by the Corporation of the City of Fayetteville in 1842.  
|
|
Moderator
 United States
188213 Posts |
Fantastic examples! 
|
|
Pillar of the Community
  United States
3645 Posts |
|
|
|
Replies: 365 / Views: 19,723 |
|