Wolfeboro Bank Note

Grant · 03-14-2012, 02:02 PM

This showed up in one of my auto eBay searches, and I thought it was cool.

RailroadJoe · 03-14-2012, 02:48 PM

Looks legitimate. Dated 1929, time of the great crash on Wall Street. May be worth more than $10 now.

Pineedles · 03-14-2012, 03:38 PM

Here's a link to a pdf where Stackpole and Triekey are listed.

http://fraser.stlouisfed.org/downloa...d=85&id=297015

Kamper · 03-15-2012, 07:22 AM

I admit my ignorance of currency laws in effect in 1929 but I'd consider this document to be the equivalent of counterfeit currency. The Federal Government started clamping down on state and bank issued currency before the Civil War. I think it's implausible they'd facilitate the practice by holding warranty funds, and redeeming these notes for a private enterprise. If I saw a recent issue like this my opinion would be that it was a scam.

It's going to be interesting if we get an expert opinion back on this note.

songkrai · 03-16-2012, 07:52 PM

"National Currency

Backed by bonds deposited with the Federal Government, this kind of money says "National Currency" at the top center of the note. These notes were issued by banks who received a Charter from the United States government allowing them to issue money. The Government Printing Office printed these notes with the same design except for the name of the banks, signatures of the bank officers and the Charter number. National Currency notes were made from 1863 to 1929.

The 1929 notes are the only small size notes and come in two types. The Type I note has a brown seal with the charter number only in large black numerals. Type 2 notes have in addition the charter number printed with brown letters near the serial number of the note."

LINK

Sue Doe-Nym · 03-16-2012, 08:04 PM

Thanks for the information with the link. Since it appears to be worth more than the $10 face value, I hope Grant has already bought it!

DRH · 03-23-2012, 06:55 PM

Here's a link to Wikipedia, which has a very good explanation of the issuance of National Bank Notes between 1863 - 1935.

Link

Argie's Wife · 07-01-2012, 10:06 PM

At the Citizens Bank branch in Wolfeboro, they have a big display case with bank notes and other historical items - you should check it out sometime. It's an impressive little collection.

CrawfordCentury · 08-10-2012, 11:23 PM

Dave Bowers of Wolfeboro is one of the nation's leading authorities on these matters. He writes a weekly column in the Grunter. Sending this to the paper to his attn might inspire a column.

03-14-2012, 02:02 PM	#1
Grant Senior Member Join Date: Jul 2002 Location: Pennsyltuckey, Tuftonboro, Moultonborough Posts: 1,499 Thanks: 374 Thanked 229 Times in 123 Posts	Wolfeboro Bank Note This showed up in one of my auto eBay searches, and I thought it was cool. Attached Images __________________ "When I die, please don't let my wife sell my dive gear for what I told her I paid for it."

03-23-2012, 06:55 PM	#7
DRH Senior Member Join Date: Jul 2002 Location: Meredith, NH Posts: 1,686 Thanks: 1,200 Thanked 675 Times in 178 Posts	Here's a link to Wikipedia, which has a very good explanation of the issuance of National Bank Notes between 1863 - 1935. Link __________________ DRH

08-10-2012, 11:23 PM	#9
CrawfordCentury Senior Member Join Date: Apr 2009 Location: Somewhere betwixt Gonic and Chocorua Posts: 191 Thanks: 13 Thanked 30 Times in 21 Posts	Dave Bowers of Wolfeboro is one of the nation's leading authorities on these matters. He writes a weekly column in the Grunter. Sending this to the paper to his attn might inspire a column. __________________ Plant a garden. Heat with wood. And thank a veteran.

03-14-2012, 02:48 PM	#2
RailroadJoe Senior Member Join Date: Jan 2010 Posts: 620 Thanks: 259 Thanked 158 Times in 100 Posts	Looks legitimate. Dated 1929, time of the great crash on Wall Street. May be worth more than $10 now.

03-14-2012, 03:38 PM	#3
Pineedles Senior Member Join Date: Aug 2004 Location: Moultonborough & CT Posts: 2,542 Thanks: 1,071 Thanked 667 Times in 366 Posts	Here's a link to a pdf where Stackpole and Triekey are listed. http://fraser.stlouisfed.org/downloa...d=85&id=297015

03-15-2012, 07:22 AM	#4
Kamper Senior Member Join Date: Jul 2005 Location: Thornton's Ferry Posts: 1,302 Thanks: 67 Thanked 171 Times in 127 Posts	I admit my ignorance of currency laws in effect in 1929 but I'd consider this document to be the equivalent of counterfeit currency. The Federal Government started clamping down on state and bank issued currency before the Civil War. I think it's implausible they'd facilitate the practice by holding warranty funds, and redeeming these notes for a private enterprise. If I saw a recent issue like this my opinion would be that it was a scam. It's going to be interesting if we get an expert opinion back on this note.

03-16-2012, 07:52 PM	#5
songkrai Senior Member Join Date: Dec 2009 Posts: 730 Thanks: 35 Thanked 145 Times in 98 Posts	"National Currency Backed by bonds deposited with the Federal Government, this kind of money says "National Currency" at the top center of the note. These notes were issued by banks who received a Charter from the United States government allowing them to issue money. The Government Printing Office printed these notes with the same design except for the name of the banks, signatures of the bank officers and the Charter number. National Currency notes were made from 1863 to 1929. The 1929 notes are the only small size notes and come in two types. The Type I note has a brown seal with the charter number only in large black numerals. Type 2 notes have in addition the charter number printed with brown letters near the serial number of the note." LINK

The Following User Says Thank You to songkrai For This Useful Post:
Jonas Pilot (03-16-2012)

03-16-2012, 08:04 PM	#6
Sue Doe-Nym Senior Member Join Date: Jul 2009 Posts: 1,425 Thanks: 743 Thanked 788 Times in 413 Posts	Thanks for the information with the link. Since it appears to be worth more than the $10 face value, I hope Grant has already bought it!

07-01-2012, 10:06 PM	#8
Argie's Wife Senior Member Join Date: Oct 2004 Location: Alton Posts: 1,908 Blog Entries: 1 Thanks: 533 Thanked 579 Times in 260 Posts	At the Citizens Bank branch in Wolfeboro, they have a big display case with bank notes and other historical items - you should check it out sometime. It's an impressive little collection.