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lettow's Last 20 Posts
| Look What I Just Found! A 25 Cent Fractional Currency Note And Fostoria 1$ Cash Certificate!
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lettow
Pillar of the Community
United States
730 Posts |
 Posted 03/31/2025 10:53 am
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The Fostoria piece is Depression Scrip. It is stamp scrip. Cash was tight due to bank failures and the 1933 Bank Holiday. Stamp scrip was issued to attempt to provide liquidity for local markets. In order to pass it on, the holder had to pay for a one cent sticker (essentially a tax) and affix the sticker to the face. It could be redeemed once three stickers were affixed. The additional charge was likely to defray the cost of printing.
The Fostoria notes are one of the most common types of Depression Scrip available. |
| | Forum: US Paper Money and Banknotes |
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| I Got This In The Mail - From The US Mint Today.
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lettow
Pillar of the Community
United States
730 Posts |
Posted 03/12/2025 2:07 pm
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Quote:
I hope the document the numbers and make them easily available to thwart the fake error scammers.
That sort of reporting has not been seen from the BEP. It is only available at this point by collectors making it known from observed examples.
uspapermoney.info started to display this information based off of collector reporting but what is there is far from complete. |
| | Forum: US Paper Money and Banknotes |
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| I Got This In The Mail - From The US Mint Today.
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lettow
Pillar of the Community
United States
730 Posts |
Posted 03/12/2025 11:49 am
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Quote:
I'm confused by the serial numbers. Your notes begin with 0574xxxx. I thought all full sheet notes started with 99xxxxx.
Why the difference?
The BEP has not pulled the 99xxxxxx sheets for sale as uncut sheets since 2016.
Uncut sheets are now pulled from whatever number they decide to pull from. |
| | Forum: US Paper Money and Banknotes |
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| 1995 $1 Offset Printing Error
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lettow
Pillar of the Community
United States
730 Posts |
Posted 11/15/2024 12:27 pm
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One of the tell-tale signs that this is a legit offset transfer error is the checkered pattern you can see especially in the area of the Great Seal.
The reason it is called an offset transfer error is because it occurs in a manner similar to how offset printing is done. Offset lithography involves the image from the plate being transferred to a roller and then the paper contacts the roller and picks up the ink from the roller.
This error is caused by a sheet misfeeding or folding so that the plate comes in contact with the bed the sheet rests on. When the next sheet feeds through, the image on the bed is picked up on the bottom of the next sheets until the ink on the bed is gone.
That bed is made of woven cloth. The pattern you see is the weave of the cloth. Fakers cannot duplicate that pattern (or at least they don't know that they should).
I disagree with Steve that an offset transfer error and a wet ink transfer are the same thing. A wet ink transfer is caused by sheets being stacked while the ink is still wet. It has nothing to do with a misfed sheet and the image transferring from the bed like an offset transfer error. |
| | Forum: US Paper Money and Banknotes |
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| My Girlfriend Inherited These From Her Grandpa
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lettow
Pillar of the Community
United States
730 Posts |
Posted 09/30/2024 10:49 am
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| Also, I don't recommend currency sleeves for an intact short snorter. That would result in the notes being separated. I recommend keeping it intact, rolling it up and storing it in a round container of some sort like a large coin tube or even a glass jar. |
| | Forum: World Paper Money and Banknotes |
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| My Girlfriend Inherited These From Her Grandpa
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lettow
Pillar of the Community
United States
730 Posts |
Posted 09/30/2024 10:45 am
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Generally, there is no need to authenticate service members signatures on a short snorter.
You will want to do a Google search of Lt. Col. A.C. Shofner whose signature is on the back of the Central Bank of China 100 yuan note.
Colonel Shofner was captured in the Philippines and was one of the few who successfully escaped from the Japanese. He went on to participate in the battles at Pelilieu and Okinawa. He also was critical to the success of the Great Raid at the Cabanuatuan Prison Camp in the Philippines.
A brief summary of his service can be found on this resolution of the Tennessee Legislature when he died. https://capitol.tn.gov/bills/101/Bill/SJR8019.pdf
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| | Forum: World Paper Money and Banknotes |
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| Plate Serial Number Question
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lettow
Pillar of the Community
United States
730 Posts |
Posted 09/20/2024 2:17 pm
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| There is more than one plate on a single press. The plates cycle through. There are several steps involved in intaglio printing. Inking, wiping, impressing. While one is making the impression, the others are being prepared for their turn. |
| | Forum: US Paper Money and Banknotes |
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| A JQR Banknote Graded Holder? Is It Recognized?
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lettow
Pillar of the Community
United States
730 Posts |
Posted 05/20/2024 1:36 pm
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The last auction record I can locate for a genuine one of these was from 2014 where it sold for almost US$200,000.00.
Specimens have sold between US$5-7,000.00.
I see copies of this note available on eBay.
Something tells me that this note is not genuine. Collectors in China usually use PMG for scarce notes. PMG has offices in Shanghai and Hong Kong. |
| | Forum: World Paper Money and Banknotes |
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| Neat WWII Japanese Notes - Overstamp And Short Snorter
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lettow
Pillar of the Community
United States
730 Posts |
Posted 02/06/2024 1:45 pm
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Quote:I just picked a name and did a google search - could this be the same Robert Hanna listed 7th from the top? https://valor.militarytimes.com/hero/7643
No. The Robert Hanna who was awarded the Navy Cross was a Marine who received it for action on Wake Island and was taken prisoner by the Japanese.
Jolin Shaw(?) tells us he served with VP-11 which was a Patrol Bombing Squadron that was on Tarawa in 1944. This lines up with the signature of F. Penitala Teo who was from Tarawa.
Q(uerino) A. Santucci served with Acorn Fourteen on Tarawa and was re-assigned to the Naval Amphibious Base on Tarawa in 1944.
Tarawa is the common denominator. |
| | Forum: World Paper Money and Banknotes |
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| Pacific Theater Short Snorter - 1935 A Blue Seal SC
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lettow
Pillar of the Community
United States
730 Posts |
Posted 08/04/2023 2:21 pm
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Only two signatures that I can positively identify.
Raymond J Reddick (second from right) was a Carpenter that was assigned to the USS Whitney immediately prior to the dates on this note.
1st Lt. William H. Kay USMC (just to the right of Washington) was assigned to an air defense unit (the 2nd Airdrome Battalion) at this time. |
| | Forum: US Paper Money and Banknotes |
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| 1936 1 Yaun China Japeneese Puppet State
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lettow
Pillar of the Community
United States
730 Posts |
Posted 07/27/2023 7:47 pm
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You did not read the excerpt correctly. These were the only notes of the Republic of China to depict Confucius.
The Federal Reserve Bank of China - a Japanese puppet bank - also issued notes depicting Confucius. So did the Central Bank of Manchukuo which was also Japanese controlled. |
| | Forum: World Paper Money and Banknotes |
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| Occupied Wartime Notes
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lettow
Pillar of the Community
United States
730 Posts |
Posted 07/27/2023 10:58 am
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Quote:
Here's a German Occupied Czechoslovakia, from 1944. 100 Korun P#48
This is the Russian printed Red Army liberation issue for Czechoslovakia. It is not from German Occupied Czechoslovakia. |
| | Forum: World Paper Money and Banknotes |
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| 1874/1877 $35 Printed By National Bank Note Company
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lettow
Pillar of the Community
United States
730 Posts |
Posted 07/27/2023 10:49 am
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| It is an interest coupon clipped from a bond. It looks like 7.0% paid twice a year on a $1,000.00 bond. (It says real estate mortgage, so technically not a bond but a promissory note. The effect is the same on the investor). This is coupon 7 from a bond issued May 1, 1874. Coupon 1 was paid November 1, 1874, 2 on May 1, 1875, etc. |
| | Forum: US Paper Money and Banknotes |
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| Occupied Wartime Notes
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lettow
Pillar of the Community
United States
730 Posts |
Posted 04/26/2023 10:29 am
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Quote:
For now here's a small (5cm X 9.3cm) 1944 one Dinar note from Yugoslavia issued during German occupation, WWII.
The Yugoslav note is the liberation issue by the Tito government. It was not issued during the German occupation. |
| | Forum: World Paper Money and Banknotes |
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| Anyone Have Experience Or Interest In Gold Backs?
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lettow
Pillar of the Community
United States
730 Posts |
Posted 01/18/2023 11:39 am
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The legal document on their website is their own letter to the Utah Tax Commission. It is not a ruling from the Utah Tax Commission or any federal agency.
The important part of their legal document is this: I serve as general counsel for both the UPMA (UPMA) as well as Goldback Inc. (Goldback), distributor of the GoldbackTM as a privately issued, Utah local currency.
Goldbacks are privately issued scrip. They are sold at a premium over their gold value. The only people guaranteed to make money on this scheme are the people who came up with it. |
| | Forum: US Paper Money and Banknotes |
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