Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Join Thousands of Coin, Bullion, & Money Collectors Shop for APMEX Bullion on eBay!Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Hokiefan's Collection Of Arkansas Obsoletes, Scrip And National Bank Notes

To participate in the forum you must log in or register.
Author Previous TopicReplies: 365 / Views: 19,751Next Topic
Page: of 25
Pillar of the Community
walk2dwater's Avatar
Canada
2577 Posts
 Posted 02/13/2026  08:15 am  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
This first $1 note I found interesting due to the backwards "$" symbol.

-That's a real cool note (makes one scratch one's head & ponder if there was a bit of protest involved in its production).

Great examples & I appreciate all the history you've described behind each note. Very impressive @hokiefan_82
Pillar of the Community
Learn More...
hokiefan_82's Avatar
United States
3648 Posts
 Posted 02/13/2026  8:20 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Thank you very much, 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
Learn More...
hokiefan_82's Avatar
United States
3648 Posts
 Posted 02/13/2026  9:03 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
I found this new acquisition quite interesting. It's a $2 note issued by H.K. Abernathy in Searcy, Arkansas. However, I'm a bit suspicious of the interpretation of the issuer name, as the signatures on all the notes I've seen are a bit difficult to make out, and I've not found any references to an H.K. Abernathy in other historical records. Rothert lists several notes by this issuer, including a $1 note identical to this one but for the denomination, but this $2 note is not listed in his reference.

Searcy is located about 50 miles northeast of Little Rock along I-57 (formerly US-67). It's been the county seat of White County since the county's inception in 1835, and has steadily grown in population over the decades to an estimated 24,000 in 2024. The town was formerly incorporated in 1851.

I have only found two past sales of this issue, and they are both for this exact note. It was sold raw in 2010 on Heritage, listed as XF/AU, and it was mentioned it was one of six Searcy notes which were consigned from the estate of a family of a CSA soldier who enlisted in Arkansas. Then, this note sold again on Heritage in 2019 in a PMG holder with a VF35 grade. It has since been removed from the holder, and I just purchased it raw. It'll soon be back in a PMG holder, however...

I like the design and the vignettes, and the abbreviation "DOLLS." for dollars is a bit unusual.

The printer, 'J.D. Butler, printer for the State "at large"', is also the printer of a number of other Arkansas issues, including the Arkansas Treasury Warrants issued by the state.
Hokiefan's-Collection-Of-Arkansas-Obsoletes,-Scrip-And-National-Bank-Notes
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
02/13/2026 9:30 pm
Pillar of the Community
Learn More...
scopru's Avatar
United States
5029 Posts
 Posted 02/14/2026  07:44 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
This is a fantastic example and addition to your collection!
Pillar of the Community
Learn More...
hokiefan_82's Avatar
United States
3648 Posts
 Posted 02/14/2026  3:25 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Thanks, scopru!
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
Moderator
Learn More...
jbuck's Avatar
United States
188421 Posts
Pillar of the Community
Learn More...
hokiefan_82's Avatar
United States
3648 Posts
 Posted 02/16/2026  12:08 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Thank you, jbuck!
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
Moderator
Learn More...
Dearborn's Avatar
United States
95981 Posts
Pillar of the Community
Learn More...
hokiefan_82's Avatar
United States
3648 Posts
 Posted 02/16/2026  8:38 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Thanks, Dearborn!
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
Learn More...
hokiefan_82's Avatar
United States
3648 Posts
 Posted 02/24/2026  10:36 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
The Bank of the State of Arkansas was incorporated on August 15, 1837, and in January 1838, the branch at Fayetteville opened. The bank suspended specie payments on its notes on October 31, 1839, and was placed in receivership in January, 1843. This $5 demand note, date Feb. 2, 1838, has been converted to a post note by the handwritten additional text "after twelve months".

The note features vignettes of a Native American with a bow, a bull and a farmer in a field.

According to Rothert, the cashier who signed this note, William McKee Ball, was found guilty of issuing unauthorized notes and other fraud. The signature of the president is Jacob W. Walker, who died in December 1838. I've been reading some newspaper articles about Ball and Walker from the Weekly Arkansas Gazette from 1838-1841, and it sounds like there were quite some odd goings-on with the bank around the time of Walker's death!
Hokiefan's-Collection-Of-Arkansas-Obsoletes,-Scrip-And-National-Bank-Notes
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
Moderator
Learn More...
jbuck's Avatar
United States
188421 Posts
Pillar of the Community
Learn More...
hokiefan_82's Avatar
United States
3648 Posts
 Posted 02/25/2026  09:59 am  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Thanks, jbuck!
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
Learn More...
scopru's Avatar
United States
5029 Posts
 Posted 02/27/2026  08:06 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
Great looking example!
Pillar of the Community
Learn More...
hokiefan_82's Avatar
United States
3648 Posts
 Posted 02/27/2026  1:11 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Thanks, scopru!
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
Learn More...
hokiefan_82's Avatar
United States
3648 Posts
 Posted 03/03/2026  9:29 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
I just picked up this note from Wesley, Arkansas, issued by Elijah Drake. Wesley is a small unincorporated community of about 160 people in northwest Arkansas, about 15 miles east of Fayetteville. The town was platted in 1872, though a post office was located there since around the 1850's. Wesley was the last name of the first postmaster there.

The Drake family were early settlers in the area, arriving around 1830 from Tennessee (Elijah was born around 1813). This note is unlisted in Rothert; he has a 75 cent note listed from this issuer and mentions that other denominations were likely issued.

I find the ruled paper used to print this on quite interesting; it looks like it was printed on a page that came from an old ledger of some sort. I can't quite make out the vignette on the left of the note; it's possibly a paddle-wheel steam boat, but I'm not at all sure.
Hokiefan's-Collection-Of-Arkansas-Obsoletes,-Scrip-And-National-Bank-Notes
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
  Previous TopicReplies: 365 / Views: 19,751Next Topic
Page: of 25

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.55 seconds to rattle this change. Forums