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 Replies: 413 / Views: 22,231 |
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Pillar of the Community
  United States
3768 Posts |
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Pillar of the Community
United States
3768 Posts |
Here is a new acquisition - a merchant scrip issued by Elijah Drake in Richland, Arkansas. Richland is a township in Madison County in the northwest part of the state. I have two pieces of scrip issued by Elijah Drake in Wesley, a small town a few miles west of Richland. This note, and the township itself, is not listed in Rothert. I missed out on this note early this year on Heritage when I forgot to follow the live auction. I was surprised to see it come up again so quickly, on Stack's this time, and I was determined to get it. Unfortunately, there was more competition and the hammer price was quite a bit higher this time...   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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United States
194504 Posts |
Sorry you had to pay more than you wanted, but still very nice!  |
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Pillar of the Community
United States
3768 Posts |
Thanks, jbuck! On the rare occasions like this where I miss an opportunity on a note and later pay more for the same one, I always tell myself that if I'd been actively bidding the first time, it may have gone about as high as what I paid the 2nd time around...  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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Pillar of the Community
United States
3768 Posts |
Here are two notes issued by The Bank of the State of Arkansas I just picked up. The first is a demand note from the branch in Batesville, and the other is a post note from the branch in Fayetteville. As noted on the holders, both are plate notes in Haxby, and the Batesville note is the plate note in Whitman. Though not mentioned on the holders, they are both also plate notes in Matt Rothert's "Arkansas Obsolete Notes and Scrip" reference. This bank was created soon after Arkansas became a state in 1836, but by 1839 had suspended specie payments and was liquidated in 1843. The Batesville demand note was apparently redeemed by a broker in Louisville, Kentucky, probably at a very significant discount. The Fayetteville post note, payable one year after issue, had the interest statement crossed out. Here's the demand note. I find the vignettes very interesting; to the left is a group of women with buckets, maybe getting water. To the far right is a woman standing in, what appears to me, very choppy water with dark clouds in the background. Then, at the top is a group of riders roping cattle. The prominent rider in the front appears to me to be a woman. Once the notes are in hand, I'll have to look at these a bit closer and see if I can find out more about them.  Here's the post note which has more typical vignettes.  Edited by hokiefan_82
09/03/2026 12:58 pm
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Moderator
United States
194504 Posts |
Quote:
On the rare occasions like this where I miss an opportunity on a note and later pay more for the same one, I always tell myself that if I'd been actively bidding the first time, it may have gone about as high as what I paid the 2nd time around... Accurate.  Quote:
Here are two notes issued by The Bank of the State of Arkansas I just picked up... Very nice! |
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Pillar of the Community
United States
3768 Posts |
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Pillar of the Community
United States
3768 Posts |
The First National Bank of Ashdown, Arkansas was chartered on Feb. 4, 1914 and was liquidated on May 19, 1931 and succeeded by the other issuing charter in the town, The FNB in Ashdown (charter #13534). The FNB of Ashdown issued 1902 Date Back and Plain Back notes, as well as 1929 Ty.1 notes, all in denominations of $5, $10 and $20. Ashdown, located in far southwest Arkansas between the Little River and Red River, is a city in Little River County, Arkansas, and was incorporated in 1892. Founded as a small farming community, the town was supposedly renamed by Judge Lawrence Alexander Byrne after his mill "burned down to ashes" and he vowed to rebuild and found a town named Ashdown. This note is new to the census, bringing the total of $5 1902 PB notes to 4. There is a single 1902 DB known, and now a total of 7 1902 PB notes. PCGS has noted "Wax Pencil Marks" on the holder, but it's a decent well-circulated example. Signatures of cashier R.M. Bone and president Allen Winham.  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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Posted 09/03/2026 12:23 am
