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

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walk2dwater's Avatar
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 Posted 05/11/2026  07:54 am  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
One thing I like on this note is the small vignette of the dog guarding the safe with a key under its paw. I'm assuming it's symbolic of security or something like that. I have another note from a hotel in Little Rock which includes a near-identical vignette, and have seen others with it as well.


-That's very interesting that you've seen this vignette employed in other merchant scrip examples. Makes one wonder if it was "borrowed" from a popular stagecoach (or train) security brand (like you suggested). If not that, perhaps the guard dog vignette arose from a proverb, or some popular vernacular expression (or a story)? Old Scrip & notes with such designs are cultural-historical artefacts which are both fascinating & fun to explore. Thanks for sharing!
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jbuck's Avatar
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 Posted 05/11/2026  12:19 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
One thing I like on this note is the small vignette of the dog guarding the safe with a key under its paw. I'm assuming it's symbolic of security or something like that.
Cool!
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hokiefan_82's Avatar
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 Posted 05/11/2026  9:11 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Thanks, Dearborn and jbuck!


Quote:
Makes one wonder if it was "borrowed" from a popular stagecoach (or train) security brand

That's quite possible, walk2dwater. Yes, I find these very interesting and, as you mention, fun to explore! While merchant scrip printed by larger firms such as J.D. Butler are fairly well designed, I know Butler sometimes reused plates when making notes for different merchants across the state, only changing the town and merchant names. However, most merchant scrip are fairly crudely done by local printers, and I can see them "borrowing" vignettes to make the notes look a bit better!

And occasionally the vignettes have a subtle meaning behind them that may only become apparent after learning more about the community, business or the individual issuing the notes. I'll see if I can put together a few of those I've seen in my notes and share at a later date.
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My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/
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hokiefan_82's Avatar
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 Posted 05/13/2026  2:58 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
I got a new batch of merchant scrip I'll be sharing before too long, but thought I'd make one more comment about reused or copied vignettes. I happened to be looking at some Eastman College Bank notes (I find these college notes interesting, though not something I collect). I saw a couple vignettes that looked familiar and thought I'd share.

The first is a note from The Eastman College Bank with a vignette almost identical to one on a Camden, Arkansas note. The Camden note was printed by Hatch & Co. in New York City. This was a prominent printer and lithographer which was one of the companies which merged and formed the American Bank Note Company. While the college note has no printers imprint, some of those were printed by Hatch as well. There are minor differences between the two vignettes but the hair, face and the tiara are the same. I think this is a case where a vignette was simply re-used by the same printer.
Hokiefan's-Collection-Of-Arkansas-Obsoletes,-Scrip-And-National-Bank-Notes

The next example I find curious. This is again a note from Eastman College Bank but compared to a note from Peters Landing, Arkansas. In this case, the Eastman note was printed by The Hatch Lithographic Company in New York City, which seems to be another name used by Hatch & Co., and the Peters Landing note was printed by Corlies, Macy & Co Stationers, also in New York City. Note the vignette in the lower right of each note. There are definitely close similarities between the two, but the one on the Peter's Landing note is much more crudely done. I suspect (on the purely circumstantial evidence) this is a case where a vignette was simply copied. Or, it could be both were based on the same image from elsewhere...
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/
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jbuck's Avatar
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walk2dwater's Avatar
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 Posted 05/14/2026  11:37 am  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
These 4 examples really demonstrate the recycling of vignettes!
Edited by walk2dwater
05/14/2026 11:38 am
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hokiefan_82's Avatar
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 Posted 05/14/2026  8:04 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
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
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hokiefan_82's Avatar
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 Posted 05/14/2026  10:21 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
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.
Hokiefan's-Collection-Of-Arkansas-Obsoletes,-Scrip-And-National-Bank-Notes

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

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

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

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

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

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

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

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

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.
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
05/14/2026 10:25 pm
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jbuck's Avatar
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hokiefan_82's Avatar
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 Posted 05/18/2026  8:41 pm  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
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hokiefan_82's Avatar
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 Posted 05/29/2026  7:13 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 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.
Hokiefan's-Collection-Of-Arkansas-Obsoletes,-Scrip-And-National-Bank-Notes

Next is a $50 note, Rothert 186-4, from the same branch.
Hokiefan's-Collection-Of-Arkansas-Obsoletes,-Scrip-And-National-Bank-Notes

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

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.
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
05/29/2026 7:15 pm
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jbuck's Avatar
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 Posted 06/01/2026  11:27 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Nice examples and thank you for sharing the background information!
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hokiefan_82's Avatar
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 Posted 06/01/2026  12:19 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
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
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hokiefan_82's Avatar
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 Posted 06/05/2026  9:10 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
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.
Hokiefan's-Collection-Of-Arkansas-Obsoletes,-Scrip-And-National-Bank-Notes

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.
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
06/05/2026 9:16 pm
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HondoB's Avatar
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 Posted 06/05/2026  9:32 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
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
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