The Collector's Series: Currency, Coins, Stocks & Bonds, Autographs

27.8 MB·English

by  R.M. Smythe & Co.

CoLlector’s Series
CURRENCY • COINS • STOCKS & BONDS • AUTOGRAPHS
FEATURING
The Arthur C. Hamm Collection The Aaron R. Fitzgerald Collection The Terrell J. Baptiste II Collection
SPINK
- FOUNDED 1666 -
January iyijth, 2009 • New York
SPINK
- FOUNDED 1666 -
Public Auction
Thursday, January 15, 2009 at 10:00 a.m. Session 1 Lots 2001 - 2364
Thursday, January 15, 2009 at 1:00 p.m. Session 2 Lots 2387 - 2775
Friday, January 16, 2009 at 10:00 a.m. Session 3 Lots 2776 - 3269
Friday, January 16, 2009 at 4:00 p.m. Session 4 Lots 3270 - 3464
Saturday, January 17, 2009 at 10:00 a.m. Session 5 Lots 3465 - 3812
please note that for the convenience of those attending the auction, we will be serving a light lunch and refreshments between Sessions each dag.
Viewing of Lots
NEW YORK CITY
Spink Smythe
145 West 57th St., 18th Floor
Monday-Friday, January 5-9, 2009 9:00 a.m. -6:00 p.m.
Saturday, January 10, 2009 9:00 a.m. -6:00 p.m.
Sunday, January 11, 2009 11:00 a.m. -5:00 p.m.
Monday, January 12, 2009 9:00 a.m. -6:00 p.m.
Tuesday, January 13, 2009 9:00 a.m. -6:00 p.m.
Sale Location
SPINK SMYTHE
145 West 57th St., 18th Floor
New York, NY 10019
1-800/622-1880
212/262-8400 Fax: [phone]
Sale Offered By
SPINK SMYTHE
3100 Monticello Ave. Suite 925
Dallas, TX 75205
1-800-622-1880
972/788-2100 Fax: [phone]
E-Mail: [email protected]
Website: www.spinksmythe.com
Auctioneer: Tracy L. Shreve, New York City, Dept, of Consumer Affairs, License #914454/914455
SPINK The )anuary Collector's Series Sale
i ^
Terms and Conditions of Sale
This is a public auction and mail-bid sale held by Spink Smythe, whose officers are licensed and bonded auctioneers.
Spink Smythe may not withdraw any lot after a call for bids has been made with respect to that lot. however,
the consignor of the property included in the lot (or any other lot) may bid on and purchase the lot for his/her own account. If he/she
does so. he/she must pay both the seller's commission and buyer’s premium. Spink Smythe may have made advances and loans
available to certain consignors and bidders in the sale, and may have a financial interest in any or all of the lots listed herein.
1 The placing of a bid constitutes full acceptance of these will be shipped via U.S. Express Mail to Post Office
Terms and Conditions of Sale by the bidder. boxes, via Federal Express to street addresses, and
FedEx ground for bulky large lots (in the U.S. only).
2. The highest bidder acknowledged by Spink Smythe shall Purchases shipped via FedEx will not be covered by
be the buyer. In the event of any dispute between bidders, Spink Smythe’ insurance in the event that the buyer
Spink Smythe may, at its sole discretion, immediately put has placed a "signature release” on file with FedEx.
the lot up for sale again. Spink Smythe' decision shall be Buyer will be responsible for total purchase price in
final and binding upon all bidders. A buyer's premium the event of loss. Spink Smythe cannot be and is not
equal to 20% of the successful bid price of each lot up responsible for the loss of any merchandise shipped
to and including $2,000.00 and 15% of the excess bid outside the United States and therefore insurance on any
price will be added to each invoice and is payable by items to be shipped outside the United States is solely
the buyer as part of the total purchase price. the responsibility of the buyer. It is also the responsibility
3. All bids are to be per lot as numbered in this catalog. of the buyer to provide adequate insurance coverage for
Spink Smythe reserves the right to group two or more lots the items once they are in his/her possession. Risk of loss
together and to withdraw, prior to call for bids, any lot or shall be borne by the buyer following shipment of the
lots from the sale. Bids will be accepted in whole dollar items and Spink Smythe assumes no liability for
amounts only, and Spink Smythe reserves the right to merchandise lost, stolen or damaged while in the
reject any bid or advance the bidding at its discretion. possession of a party to whom merchandise has been
shipped.
4. Spink Smythe may not withdraw any lot after a call for
bids has been made with respect to that lot, however, the 8. In the event a successful bidder fails to pay the charges
consignor of the property included in the lot (or any other due, Spink Smythe reserves the right to resell the
lot) may bid on and purchase the lot for his/her own merchandise and the buyer agrees to pay for the
account, if he/she does so, he/she must pay both the reasonable cost of such a sale including a 10% seller's
seller's commission and buyer's premium. commission, and also to pay any difference between the
resale price and the winning price of his/her previously
5. Spink Smythe may have made advances and loans successful bid. Spink Smythe reserves the right to bid on
available to certain consignors and bidders in the sale. any lot in the sale.
6. All sales are strictly for cash, check and/or credit cards in 9. Spink Smythe reserves the right to require payment in full
United States dollars; provided, however, Spink Smythe before delivery of the merchandise to the buyer. Bidder
may not accept any cash payment in excess of $10,000.00. personally guarantees payment, and if a corporation, an
Payment is due and payable immediately upon receipt of officer or principal in the corporation agrees to personally
the auction invoice or, if payment is to be made at the guarantee payment. Title to any purchased items remains
auction site, simultaneously with receipt of the purchased with Spink Smythe until all invoices are paid in full. Spink
items. Spink Smythe reserves the right to void a sale if Smythe reserves the right to await clearance of any check
payment in full of the invoice is not received by Spink used for payment before delivery of any item and a $25.00
Smythe within fifteen (15) days after the date of the charge will be applied for any check that fails to clear.
invoice. A late charge in the amount of the lesser of 172%
per month and the maximum lawful rate will be charged 10. Spink Smythe reserves the right to refuse to honor or
on the invoice total if payment is not received within reject any bid which, in its opinion, is not submitted in
thirty (30) days of the date of the invoice. All lots are good faith, or, as the case dictates, is not supported by
subject to applicable state and local taxes, unless satisfactory references, as Spink Smythe in its sole
appropriate resale certificates are on file with Spink discretion shall determine. Spink Smythe further reserves
Smythe. the right to ban any bidder from participation in its sales
for any reason deemed appropriate in its sole discretion.
7 Shipping, handling, and administration charges will be
added to invoices for lots delivered by mail. All lots 11. No minors may participate in any Spink Smythe sales.
Spink Smythe
SPIJNK
)anuary 15-1 7, 2009 - New Yorfi City
12. Bids will be executed for mail bidders at one advance Smythe must receive notification of the buyer's intent
over the next highest bid in competition with floor within three (3) days of the buyer's receipt of the lot. The
bidders, until the maximum bid is executed for the mail following lots may not be returned for any reason
bidder, or until the lot is sold. No buy or unlimited bids whatsoever; (a) lots described as having faults or defects
will be accepted. No additional commission (except for because of the faults described or any others, including
the buyer’s premium) is charged for executing mail bids. lots described as “repaired", "corroded”, "holed”,
Spink Smythe cannot and does not assume any "whizzed”, or similar damage, except for non-authenticity-,
responsibility for errors made in the amount bid or lot (b) lots described “AS IS”, including third party graded
numbers listed, so check your bid sheet and online coins (i.e. PCGS, NGC, ANACS, ICG); (c) lots valued
submission carefully. When identical mail bids are primarily for their bullion content; and (d) No lots may
submitted, preference is given to the first received. be returned for any reason whatsoever after thirty (30)
days from sale date. Late payment for purchase may, at
13. Spink Smythe may reopen the bidding on a lot under the
Spink Smythe's option, be considered just cause to
following circumstances: (a) Spink Smythe has failed to
revoke all return privileges. If any disputes arise regarding
execute correctly a mail bid; (b) A party purchasing the
payment, authenticity, or description between the bidder
lot on the floor has done so in error; (c) Where a protest
and Spink Smythe, Spink Smythe at its sole discretion,
is made after the hammer has fallen but before bidding
may submit the disputed matter to binding arbitration in
has commenced on the next lot; (d) Where the auctioneer
Dallas, Texas, to which the bidder, by placing a bid and
has determined that he/she has overlooked a party still
hereby accepting these Terms and Conditions of Sale,
bidding on the lot but before the calling of the next lot;
agrees to be bound.
and (e) At the discretion of the auctioneer. In the event of
a dispute, the auctioneer's decision shall be final. 19. United States coins and currency will not, in conformity
with the law, be opened at less than face value.
14. Agents executing bids on behalf of clients will be held
responsible for all purchases made on behalf of clients 20. The auctioneer reserves the right to postpone the sale by
unless otherwise arranged prior to the sale. auction for a reasonable period of time as a result of any
significant event which, in the sole discretion of the
15. The same protections applicable to Spink Smythe shall
auctioneer, makes it advisable to postpone the event. No
apply to each officer, director and employee of Spink
prospective bidder or prospective buyer shall have
Smythe unless such individual shall be convicted of
recourse as a result of any postponement
knowingly and intentionally selling false or stolen goods.
16. The descriptions provided in the catalog are intended 21. In the event Spink Smythe refers an invoice(s) to an
solely for the use of those bidders who do not have the attorney for collection, the buyer agrees to pay Spink
opportunity to view the lots prior to bidding. All Smythe attorney's fees, court costs, witness fees and
photographs in the catalog are as accurate as can be other costs incurred by Spink Smythe.
reproduced with today's technology; however, they cannot 22. THESE TERMS OF SALE SHALL BE GOVERNED BY AND
be relied upon for exact reproduction of color. All CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
bidders who have inspected the lots prior to the STATE OF TEXAS, WITHOUT GIVING REGARD TO THE
auction will not be granted any return privileges, PRINCIPLES OF CONFLICTS OF LAW. THE SIGNER OF A
except for reasons of genuineness. It is presumed that SPINK SMYTHE BID SHEET OR PARTICIPANT IN THE
all floor bidders have inspected the lots prior to bidding. AUCTION AGREES THAT EXCLUSIVE VENUE FOR ANY
Therefore, lots purchased by floor bidders are sold "AS DISPUTE WITH RESPECT TO THESE TERMS OR IN
IS” and may not be returned. Floor bidders include those CONNECTION WITH SPINK SMYTHE SHALL RESIDE IN A
bidders acting as agents for others. Additionally, Spink STATE OR FEDERAL COURT LOCATED IN DALLAS, TEXAS.
Smythe reserves the right to describe items differently 23. On-line Bidding — Spink Smythe offers internet services
than the descriptions shown in the catalog should such as a convenience to our clients, but Spink Smythe will not
items be consigned to any future auction.
be responsible for errors or failures to execute bids placed
17. All the lots are sold as genuine. For the purpose of this on the internet, including, without limitation, errors or
sale, "genuine” is defined as not faked or forged and failures caused by (i) a loss of connection on Spink
Spink Smythe will not knowingly sell any item that has Smythe on your end; (ii) a breakdown or problems with the
been "repaired', "restored", "processed", "cleaned", online bidding software and/or (iii) a breakdown or
"pressed" or "conserved" in any way without disclosure of problems with a client's internet connection, computer or
such facts to the potential buyer. system. Execution of on-line internet bids is a free service
undertaken subject to other commitments at the time of
18. No lots may be returned without a written request by the the sale and Spink Smythe does not accept liability for
successful bidder and the written approval of Spink failing to execute an online internet bid or for errors or
Smythe. In the unlikely event of returning a lot, Spink omissions in connection with this activity.
Page iii
Terminology
For Currency
GEM UNC. (Gem Uncirculated) - The perfect uncirculated F (Fine) - The last grade of an item in which the paper still has
item, clean, bright, vivid, crisp (where paper permits), well-mar¬ body. The folds are numerous and the design is beginning to show
gined, unimprovable, without folds. signs of soiling wear.
CHOICE UNC. (Choice Uncirculated) - A lovely uncirculated VG (Very Good) - A well-circulated item, complete, unimpaired
item, having only a hint of aging or unevenness of the margins, except for petty tears and splits, pin holes, some surface splitting
face or back, or narrow margins which take it out of the “Gem” along heavy folds and soiling.
class.
GOOD - An even more heavily circulated item with body holes,
UNC. (Uncirculated) - As made or issued, but margins may be petty tears and splits, very soiled and tired, scarcely legible.
poor, the item lightly aged, with border trimming.
Fair - Heavily worn, split, holed, up to 10% gone, legibility seri¬
CHOICE AU (Choice Almost Uncirculated) - Essentially a mis¬ ously impaired.
handled uncirculated item with deficiencies like a corner fold,
teller counting smudge or count wrinkling. Poor - A mere remnant, tattered and torn, scarcely readable
with typically more than 10% of its surface area gone.
AU (Almost Uncirculated) - There is one fold, a teller counting
smudge or counting wrinkling present. Conditional Phrases
ABT (before a grade) - A shade below the grade it precedes.
EF (Extremely Fine) - An item which may, at first glance, look
uncirculated, but which has several petty folds, or a hard crease PLUS OR + (following a grade) - A shade better than the grade.
down the center perhaps with corner folds. Crisp, bright, vivid
and pleasing, the paper as made, permitting. VF-EF (hyphen between grades) - The grade is about halfway
between the two grades shown.
VF (Very Fine) - Typically an item marked by moderate
quarterfolds with perhaps a few other signs of handling. Should VF/GOOP (slash between two grades) - Face and back are two
be clean, not seriously aged, torn, or pinholed. different grades. The grade preceding the slash is for the face. The
grade following is for the back.
Spink Smythe “Paper Money Guarantee”
e will not knowingly sell any item that has been “repaired”, “restored”,
“processed”, “cleaned”, “pressed”, or “conserved” in any way without dis¬
closing those facts to the potential buyer.
SPINK 3100 Monticello Ave., Suite 925, Dallas, TX 75205
Toll Free: 1-800-622-1880
Fax: [phone] + Phone: [phone]
E-mail: [email protected]
Mail Bid Form
Name (please print)_
Company Name _
Address_
City, State, Zip_
Spink Smythe January
Daytime Phone_ Evening Phone Collector's Series Sale
FAX No._
Lot# Bid Amt. $ Lot # Bid Amt. $ Lot # Bid Amt. $
In ReturnEnclosed Envelope
&
Here
Tear
■
□ Check here if you wish to limit your total amount of purchases. If Necessary, please increase my bid by:
(Hammer Price Only)
Limit total: $_ □ 10% □ 20% □ 30%
To ensure that bids will be accepted and Dealer References: (list city, state, zip, & phone)
delivery of lots not delayed, bidders not yet
known to Spink Smythe should supply a list of
Dealer References. Please note that credit cards
are accepted as payment up to $20,000 US.
Name (on credit card) Security Code:
Card Number: Exp. Date:
Signature: ____Date: _
I have read and agreed to all the Terms and Conditions of Sale for this catalog.
Please note there is a 20% buyer's premium added to the hammer price of each lot up to and including $2,000.00
and 15% of the excess of the hammer price above $2,000.00.
Lot # Bid Amt. $ Lot # Bid Amt. $ Lot # Bid Amt. $
Bidding Increments
The auctioneer generally advances the bidding in the following incremental amounts:
Up to $100.by $5 $7,500 to $15,000.by $500
$ 100 to $300.by $ 10 $ 15,000 to $30,000.by $ 1,000
$300 to $750.by $25 $30,000 to $75,000.by $2,500
$750 to $1,500 .by $50 $75,000 to $150,000.by $5,000
$1,500 to $3,000.by $100 $150,000 to $300,000.by $10,000
$3,000 to $7,500.by $250 $300,000+.at auctioneer's discretion
Please note, however, that the auctioneer may, in his or her sole discretion, vary the bidding increments
during the course of the auction to expedite the bidding.
Spink Smytfie
_ SPINK
January 15-17, 2009 - New York City
Bibliography
For Numismatic and Scripophily Reference
ABBREVIATIONS USED 1) Anderson. The Price of Liberty
Printer Abbreviations 2) Ball, D. Comprehensive History and Catalogue of Confederate Bonds
ABN American Bank Note
BA Bald, Adams 3) Bolender, M. U.S. Early Silver Dollars.
BC Bald, Cousland
BWA Baldwin, Adams 4) Coulter. Vermont Obsolete Notes and Scrip.
BBC Baldwin, Bald & Cousland
BW Bradbury, Wilkinson 5) Castenholtz & Sons. Field Guide to Revenue Stamp Paper.
BABN British American Bank Note
CBN Columbia Bank Note 6) Cox, Terry. Stocks and Bonds of North American Railroads.
DB Danforth, Bald
DH Danforth & Hufty 7) Criswell, Grover. Confederate and Southern State Bonds.
DP Danforth, Perkins
DSH Danforth, Spencer & Hufty 8) Drumm/Henseler. Russian Railway Bonds; Chinese Bonds; Russian City Bonds,
DU Danforth, Underwood Ottoman Empire & Turkey.
DUBS Danforth, Underwood, Bald & Hufty
DW Danforth, Wright 9) Durand. Obsolete Notes and Scrip of Rhode Island and The Providence
DC Draper
DT Draper, Toppan Plantations.
DTL Draper, Toppan, Longacre
DWC Draper, Welsh 10) Falater. American Automotive Stock Certificates.
ABD A.B. & C. Durand
ADW A.B. & C. Durand, Wright 11) Fricke. Collecting Confederate Paper Money.
EAW E.A. Wright
FDU Fairman, Draper & Underwood 12) Friedberg, R. Paper Money of The United States.
FBN Franklin Bank Note
FLB Franklin Lee Bank Note 13) Garbani. Arizona Mines and Mining Companies.
HBN Hamilton Bank Note
HLB Homer Lee Bank Note 14) Garland. The History of Early Tennessee Banks and Their Issues.
HL Hoyer & Ludwig
HD Hufty & Danforth 13) Gengerke, M. U.S. Paper Money Records.
IBC International Bank Note
JDW Jocelyn, Draper, Welsh 16) Harris. New York State Scrip and Private Issues.
KB Keating & Ball
LR Lenny & Rollinson 17) Haxby. United States Obsolete Bank Notes. Volumes 1-4.
JAL John A. Lowell Bank Note
PM Peter Maverick 18) Hessler. An Illustrated History of U.S. Loans 1775-1898.
MDF Murray, Draper, Fairman
NBN National Bank Note 19) Hessler. The Engraver’s Line.
NEB New England Bank Note
NYB New York Bank Note 20) Hughes. Kentucky Obsolete Notes and Scrip.
WLO W.L. Ormsby
TPC Terry Pelton 21) Jones and Littlefield. Virginia Obsolete Paper Money.
RB Rawdon, Balch
RC Rawdon, Clark 22) Kelly, D. National Bank Notes.
RW Rawdon, Wright
RWH Rawdon, Wright & Hatch 23) Kuhlmann. China’s Foreign Debt. 1865-1982.
RWHE Rawdon, Wright, Hatch & Edson
AR Abner Reed 24) Maryland Historical Society. Money and Banking In Maryland.
RBN Republic Bank Note
SBN Security Bank Note 25) Mazard, J. History and Money, 1790-1967.
SCB Security Columbian Bank Note
TDL Thomas de la Rue 26) McDonald & Holabird. Nevada Mining Stock Certificates and Bonds.
CT Charles Toppan
TP Toppan 27) Poor’s Manuals of Railroads.
TC Toppan, Carpenter
TCC Toppan, Carpenter, Casilear 28) Rosene, Jr. Alabama Obsolete Notes and Scrip.
TL Toppan, Longacre
UBS Underwood, Bald & Spencer 29) Scott’s Specialized Catalogue the United States Stamps.
UBSH Underwood, Bald, Spencer & Hufty
UBN Union Bank Note 30) Wait. Maine Obsolete Paper Money and Scrip.
WECO Walker, Evans & Cogswell
WS Waterlow & Sons 31) Wait. New Jersey’s Money.
WBH Wellstood, Benson & Hawks
WHHW Wellstood, Hanks, Hay, & Whiting 32) Whitfield. Kansas Obsolete Notes and Scrip.
WHW Wellstood, Hay & Whiting
WWBHN WWeosotedrrnu fBf a&n kH Namotoen d 33) Wolka, Vorhies and Schramm. Indiana Obsolete Notes and Scrip.
34) Wolka. A History of Nineteenth Century Ohio Obsolete Bank Notes and Scrip.
SPINK The lanuary Collector's Series Sale
Autograph Catalog Key
Symbols
* Reserve
Abbreviations
A AUTOGRAPH (ALL IN THE SIGNER'S HAND) OD ORIGINAL DRAWING
D DOCUMENT P PHOTOGRAPH (SP - SIGNED PHOTOGRAPH)
L LETTER Q QUOTATION
LS LETTER OF STATE S SIGNED
M MANUSCRIPT (ADJECTIVE: BODY IN ANOTHER HAND) T TYPEWRITTEN
Ms MANUSCRIPT (NOUN)
Condition
FINE - Nearly as new, or exceptionally well preserved if more than a century old. Possibly with some
original folds or very minor defects that do not detract noticeably from its appearance.
VERY GOOD - With some defects as stated, but one of the better examples of its type. No major paper loss or
damage. May include items that have been repaired or that have clean breaks.
GOOD - A largely intact item that may suffer from more than the usual staining, paper loss, toning, etc.
Spink Smythe does not often include items at this grade unless they are in a group lot, have
exceptional content, or are of some rarity.
FAIR - With notable loss or damage, but still worthy of interest. Spink Smythe only offers items at this
grade when they are in a group lot with much higher-grade items, have outstanding and unique
content, or are of great rarity.
Spink Smythe takes pains to accurately describe all major faults with an item, and provides extensive illustrations to clearly show them.
Condition given for group lots is intended to indicate the overall average to be found, and examples above and below the listed condition
can be expected. Minor imperfections such as regular folds, pencil marks, and light toning are also usually described, but may be expect¬
ed if not explicitly listed as per stated condition. These are not justification for the return of a lot.
Paper Sizes (approximate)
ELEPHANT FOLIO - LONG DIMENSION OVER 20"
FOLIO - UP TO ABOUT 20" x 12-13"
LEGAL FOLIO - ABOUT LEGAL SIZE, 12-14" x 7.5-9"
4TO (QUARTO) - ABOUT LETTER SIZE, 11-12" x 7.5-9"
8VO (OCTAVO) - STATIONERY SIZE, 7.5-9" x 6-7"
12MO (DUODECIMO) - 6-7"x 3-5"
16MO (SEXTODECIMO) - 3-4" x 2-3.5"
Estimates
I fan Estimated cash value is given, it is shown in the descriptions with the abbreviation "Est." Estimates are used when a lot is large or
when it is not listed in the standard catalogs. Our estimates are typically conservative and the lots invariably realize in the estimate ranges
or higher.
Spink Smythe
Currency