Journal Entries posted by ddr70
Last journal entry was about my two submissions sent the end of July. The Economy submission I've rec'd and have been posting notes to my various sets. The bulk submission is still sitting in Sarasota since August 3rd. It has my $5 Series of 1902 Plain Back on Pittsburgh, PA The First NB at Ch. # 252 (along with 49 other notes :-(. I added this small size NBN on 252 yesterday. Great SN (D060000A) and a small size replacement note to boot! Signatures are those of long-serving cashier C.C. Taylor and relatively new president F.F. Brooks who replaced Lawrence E. Sands in 1928. Let me know if you want the details on replacements. Or just enjoy a small 252 while I wait for its large forefather to be graded by PMG.
I just sent a good chunk of my NBNs to PMG to grade. The post office sure took it's time, but got my package there in 8 days instead of 4. PMG listed as received about a week after it arrived in Sarasota.
Here's one of the notes awaiting scrutiny. I can't wait to add it to one of my series of 1882 collections here. Connellsville, PA The First NB (E)2329 Radar Treasury SN on a $10 1882 VB Fr. 576 Tillman | Morgan SN 9076/T493394 pp F/118. Love that SN especially on an early value back.
Chartered 4/8/1876, Liquidated 6/22/1928. Assumed circulation of 4861, Yough NB of Connellsville which liquidated in 3/3/1913. Bank officers' signatures are from (Geo W.) Stauffer, Cashier and E.T. Norton stamped in blue ink and remain legible, albeit light, to this day. For 52 years, 3x10-20 sheets only and only a 193 of them VBs (SN 9001-9193). Finding the $20 VB to go along with my $10 would be an awesome score!
Marietta, OH The Central NB Ch. # 5212 VF+ $10 1902 PB Fr. 632 SN 27286 pp D/992 May 29, 1919. A number of Second Charter notes survive bearing the bank's original German NB title. The title was changed due to World War I with the second title "The Central NB" found on Third Charter notes and those notes are somewhat tough to find with prices reflecting this fact. This pristine Very Fine example has wide margins and nice embossing.
Philadelphia, PA The Quaker City NB Ch. # 4050 Fine $10 1902 PB Fr. 626 SN 124088 pp I/992 May 30, 1909. This $10 from the City of Brotherly Love is not too common a find.
Notice that these two notes are both $10 plain backs and have the same back plate (bp) number of 992. That shouldn't garner much interest except the plates that made these two backs are different! Check out the insert of the two back plate numbers and it's fairly easy to see that the engraver(s) made these numbers differently. I thought once a bp number was used, it would not be reused on another plate. Am I wrong in that assumption? I've illustrated that the bp number has a different position and style. The different styles and positions are much more easily seen with a loop. Sorry, I don't have a scope to take better pictures. I also have heard that experts could distinguish different engravers by how they cut the designs (I think that was best done by examining plates). I look, but can see no differences in design elements.
The other oddity I notice on the front of the Marietta note is that the t's are not crossed in the scrpit version of 'Marietta, OHIO'. This is on Marietta's D plate, but is true of $5s and other $10 plates, either with Lyons | Roberts signatures OR Teehee | Burke signatures (see Heritage's archives). Now I have to get into charter dates for Marietta 5212 because this gets interesting (to me anyway :-). Lyons | Roberts notes are dated Sept. 17, 1909 and the t in Sept. is also NOT crossed! So, from 2d charter date of May 29, 1899, the name change (Value Backs dated Feb. 21, 1918 [sporting a scarce Friedberg number] and then PBs dated Sept. 17, 1909) and the required start of their new charter at the 20 year mark (May 29, 1899), the t's were not crossed. I see the Citizen's NB of Marietta, Ch. # 4164 also doesn't have t's crossed. I'm saddened to report that Marietta, PA, Ch. # 25, also didn't get its t's crossed.
So, who's t's are crossed?
The First NB of Marietta, Ch. 142, the earliest of 5 banks calling Marietta, OH home, whose 3rd charter started Feb. 25, 1903 and notes issued with Lyons | Roberts signatures, have the t's crossed. Note, the 'i' are dotted in all cases.
My conclusion is that clearly some bp numbers were reused AND there were engravers who would dot the i's, but not necessarily cross the t's!
OK, I'm bored with 20 odd 'series of 1902 type' sets for my Nationals. I've asked for some more sets, but the response was 'no sets for you...' So, bored as I might be, I created my Series of 1902 Lowball Set. Check it out:
See if you can get lower than my score of 1082 for 3 notes, or an average of 360.67 pts/note. You know the sad thing is my Tennessee set beats my Lowball set with 3 notes, 763 pts and an ave. of 254.33 pts/note, but that's because of net grades receiving just half point values. See some awesome TN notes here:
Reply with a link to your best of the worst--notes that did their service and then some! And then you had the courage (and spare cash) to sent them to PMG for grading. Please have at least one note preferably with a picture.
I'm not sure Net graded notes are fair in Lowball sets?? What do you think? Would you like to see some more competitive sets for Nationals? I know I would!
I found an odd block letter combo on the treasury serial number when compared to the back plate number and Fr. number for my Paris, AR The First NB Ch. # (S)11592 PMG 20 $10 1902 PB Fr. 633 SN 2200/U55355 pp B/96 dated Jan. 20, 1920. That BP # could be a 98, but definitely just two digits. The back plate number and U- Block SN seemed way too low for a Fr. 633 plain back. Of my other Eliott | Burke notes, the lowest BP was 651 with an RE Block combo. So I checked my Kelly reference for Arkansas banks that issued 4x$10 sheets and sure enough, Paris was one of a baker's dozen that shunned the $20 that came with the 3x$10-$20 sheets. The key is that serial numbers for sheets of 4-$10s were run separately from sheets of 3x$10-$20 and apparently sheets of backs were similarly lower in number than their heterogeneous counterparts. With less banks issuing the 4X$10s the Block Letter seems to have advanced much more slowly. Notably, the 10-10-10-10 plate combination was introduced for Brown backs and red Seals in 1906. I guess there was demand from those with a dislike of Hugh McCulloch?
To see my competitive set of Arkansas notes (I have three notes on two banks), see:
My other note is a Newark, AR The First NB Ch. # (S)9022 PMG 25 $10 1902 DB Fr. 618 SN 1334/N84247 pp H/51 dated Jan. 25, 1908. BP of 51 is rather low for an Fr. 618 and is indicative of the bank choosing the 4x$10 option (See #12 below).
To see my Series of 1902 Date Backs and Plain Backs that features block letters and BP numbers, check out my signature set here:
You can see the notes in the gallery, but go to set listing to easily see the Block combo vs. BP number.
Below are the Arkansas banks that chose sheets of 4x$10; I didn't find any that issued Brown Backs (or series 1882 DB or VB) in this format--not many issued brown backs period. Surprisingly, of those that did issue brown backs, many issued $50s and $100s only.
Maxfield 8864 RS DB FNB Clarksville 9633 DB PB FNB Earle 9324 DB American NB of Fort Smith 3634 RS DB PB City NB of Fort Smith 10609 DB PB City NB of Greenwood 10983 PB of 1st AND 2d title Hope NB 8594 RS DB PB City NB of Hope 10579 DB PB FNB Lake Village 11262 PB FNB Marshall 10794 PB FNB Morrilton 10434 DB PB FNB Newark 9022 RS DB PB FNB Paris 11592 PB *RS=Red Seal, DB=Date Back, PB = Plain Back all series 1902
**Don't worry, I'm not doing this for the rest of the states. Hey PMG, please start tracking and annotating black plates! Just my
I recently added this note, Keene, NH The Citizens NB Ch. # 2299 PMG 25 Net, $10 1875 Fr. 416 Allison | New SN 2690/K296099 pp A. dtd. Sept. 25th, 1875, from the Sept. 2019 Long Beach Expo. It was Net grade for a repair and minor discoloration. It features a fancy title layout seen on few First Charter examples from all banks combined. It's a great looking addition [however, not so great for points :-( ] to my type set of 1875 (see: https://notes.www.collectors-society.com/registry/notes/SetGallery.aspx?PeopleSetID=23251&SelectedTab=Gallery) and I've made it the first note in my signature set of "Citizens" National Banks (see: https://notes.www.collectors-society.com/registry/notes/ViewPersonalCollection.aspx?UserCollectionID=1289&Tab=list). It became a post auction buy after my desired California red seal #1 went for about $24k or twice low estimate. Looking forward to seeing other sets with their recent additions!
Pi Day #piday is of course March 14th (or 3.14 [3/14], or “π”) followed shortly by the Whitman Coin Show in Baltimore and Spring! I've been busy making a sub type signature set of my series 1882 Nationals.
My 1882 sub types set is a work in progress. Ever seen the Circus Poster variety on a $5 Brown Back?? Take a look. If I'm missing a better way to designate these notes, please let me know.
OK, back to Pi Day. Check out this Elk City note from Oklahoma with a charter date of... you guessed it, Pi Day! It sports a nice 4 digit radar serial number as well and was previously in the Douglas Knight Collection. Then there's my Bangor, PA note, also a Pi Day charter and a solid 8 Serial Number.
Perhaps I'll see ya in Charm City.
Tis the season to share a national. My first thought was to post a pic on one with a 25 December charter date, but alas, I don't have one. So let me know if this one makes for a good seasonal journal entry. I think it might even with a December 10, 1908 charter. And feel free to add on. Happy Holidays!
By accident, I've become of fan of these small towns along I-81!
Just added an 1882 Value Back $20 from Mexico, NY. It joins my Albion, NY notes. Albion is England and Mexico is typically known for its beaches and sun, not so much for its lakes. Look for these town names when you are on I-81, but don't blink! Notes are in my Signature set of Nationals along with a few better PA notes. I'd love to add other Mexico NY (and other states) nationals to my collection. Happy Collecting!
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In Japanese, a Kanban (看板) is a signboard or billboard, but in lean manufacturing a Kanban is a scheduling system. Submissions at PMG start out in a Received Status. Then your notes move into a dreaded state, "scheduled for grading"; a purgatory for notes. You you eagerly await a status of Quality Control--if you're like me, you start checking every day after about 30 days. Where are my notes submitted last October? Purgatory. Quality control means the notes made it to the end of the queue and were graded by PMG. In my experience, notes move fairly quickly to Finalized/Imaged/Shipped and you can actually see your grades posted. So what's the point of a Kanban? On the production floor workers and managers can see how progress is going. And if a customer shows up on the production line, they have an idea of when they might receive product. At a show, a customer submitting notes has an idea when the notes will return graded. I think we need a Kanban for grading! The metric could be by tier (economy is my tier), 'how long (on average of course) is it taking from Scheduled for Grading to Quality Control.' Then, let me get a bit crazy here, send me an email (or let me subscribe to receive an email) so I know when the note emerges from scheduled for grading. (Note: I did receive an email when I was charged back in October which is good to know.) If there was a Kanban, I'd have an idea whether or not I might see my notes before the new year. Speaking of the new year, here's what the Union NB of New Castle, PA was doing in 1906--getting it's charter from the Registry of the Treasury. You can just make out the date above the president's signature (Dec. 31, 1906). My $20 is currently in purgatory and not in my Large Type Nationals series 1902 set :-(. You can see all the sets competing in Lg Type Nat'ls of 1902 here: https://notes.www.collectors-society.com/registry/notes/public_sets.aspx?CategoryID=950&SetTypeID=3316 (my PA notes are #7)... Happy holidays :-)!
I've managed to reunite an interesting pair of $20 Plain Backs from Salem, OH, Charter 43. Both were acquired in Baltimore from different dealers about 6 months apart. So far these are the only two PBs with Lyons | Roberts signature combinations or Fr. 650 and dated Apr. 11, 1902 just like charter 43 date backs. Other $20 PBs that I can find have Speelman | White signatures or Fr. 635 and are dated Apr 10, 1922 (note: Track and Price doesn't identify the Fr. #). The Serial numbers are 5226/V967960B (back plate 325) and 5227/V967961B (back plate 315). Both are from A plates as are all $20s on Ch. 43 notes. Now, why would the back plates differ? A prior owner submitted these two notes together to PMG. I like these notes because of the low charter number, interesting Fr. # possibilities (rarities), pretty penned signatures of bank officers W.F. Church and Z.R. Pow, sequential serial numbers (of course) and in the exact same grade of 30EPQ. Let me know if you owned these before, or if you have any insight into why the back plate numbers would differ.
Two first name PA notes, one with the tougher Napier-Thompson signatures. Two tough 1929 $5 notes from my parents and one $10 I accidentally won at auction.
The accidental auction win was one of those internet delays and my bid was stacked on top of a number of others and mine came out on top--a couple hundred more that I expected to pay. Still it's a tough National out of Albion, New York where small size notes are outnumbered by the known large size notes (any West Bromwich fans?). The First name notes are Warren and Chester--PA notes as I mentioned. The Warren note is an Fr. 603 and should grade closer to 40 than 20... I hope. Chester is a $20 Date Back, one of two in the census. It's going to get a net grade for pinholes, but I wanted it in a PMG holder for my competitive set. I'll post the notes in a set when they are finished.
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