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Obsolete 1800's 500 Dollar Rutland College Bank Note

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 Posted 07/16/2014  10:36 pm Show Profile   Bookmark this topic Add sphinx162 to your friends list Get a Link to this Message Number of Subscribers
I found this in my grandfather stuff and I cannot find any information about it and if it is worth anything in this shape. Any information would be helpful. Thank you

Obsolete-1800's-500-Dollar-Rutland-College-Bank-Note

Obsolete-1800's-500-Dollar-Rutland-College-Bank-Note
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 07/16/2014  11:10 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
to the Community

I would say it is worth something--how much I can't say.


I was able to find one of these notes that sold in 2006 at Heritage it was in better shape, and the description said, "a very scarce denomination from any issuer" on a different lot Heritage said, "a rare issuer in any denomination".

I know of several reference books that likely discuss this note and its potential value but don't have them in my personal library.

Maybe a member here will have a copy of one of these books and be able to chime in.

Welcome again and my apologies for the lengthiness of this reply.

-MV
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 Posted 07/17/2014  11:10 am  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
It is a piece of what is known as "college Currency". It is training money used in accounting and business schools. This piece is from Rutland College in Vermont as you can see by the title.

There is a specialized catalog of college currency. I can look it up when I get home to tell you what the book says about this piece.
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 Posted 07/17/2014  4:01 pm  Show Profile   Bookmark this reply Add sphinx162 to your friends list Get a Link to this Reply
Thank you!!
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jimbucks's Avatar
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 Posted 07/17/2014  4:55 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
lettow - I was about to post pretty much exactly what you said.
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jimbucks's Avatar
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 Posted 07/17/2014  4:58 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
I forgot to add - it may not be worth much, but might get you an appearance on Pawn Stars!
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TellersTreasures's Avatar
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153 Posts
 Posted 07/23/2014  10:47 pm  Show Profile   Bookmark this reply Add TellersTreasures to your friends list Get a Link to this Reply
Thanks for sharing!
Also, Thanks for sharing the knowledge on this note. I learned a lot!
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