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    Demand Note

    The Philadelphia Americana Sale, Part One: American Paper Currency

    Highlight: 1861 $5 Demand Note — Boston Sub-Treasury $5. Fr.3. W.603. Demand Notereasury clerks are sharp. Fine is about the median grade for these earliest ''greenbacks" and fortunately for collectors this is a very pleasing balance between a note having done good service in the channels of commerce, while still retain- ing excellent integrity. From Heritage Currency Auctions of America's sale of January 2008, Lot 14064. Important $10 Demand Note of 1861 "for the" Handwritten One of Five Known 1165 $10. Fr.6a. W.1216. Demand Note. 1861. New

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    The Albert A. Grinnel Collection of United States Coins and Currency

    Highlight: 891 $5.00 Demand Note on Philadelphia. Without series number. Very good. Rare. 892 $5.00 Demand Note on St. Louis. D Note. Fine to very fine. Excessively rare. Seldom offered. Far inferior specimens of this issue have sold at $125.00. 893 Ten Dollars Demand Notectly fine; can easily be classed as very fine for this rarity. Only one imperceptible pin-point under first 10. Worth at least double or more than the $5.00 denomination. Portrait of Lincoln at left, figure of Art at right; eagle and shield in center. 894 $10.00 Demand Note on Philadelphia. B note. About fine with few minute pin-points at left. Extremely rare and valuable. 895 $10.00 Demand Note Very good with unusually bold signature. Very rare. 896 $10.00 Demand Note on Boston.

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    74th Anniversary Sale

    Highlight: The 74th Anniversary Sale 3617 Connecticut 1861 Demand Note Look-alike "3" advertising notes, various types. Styles similar to previous. Includes: ☆ E. V. Daboll & Co., Boots and Shoes, New London. Type 8. Vlack unlisted. Very Fine, but back hinged tears ☆ T. W. Potter, Groceries, New London. Type 8. Vlack unlisted. Fine to Very Fine, also back hinged tears (Boys Town collection?) ☆ Henry A. Mix, Dining and Lunch Room, New Haven. Type 19. No green protector 3. Black seal, Washington at right. Green "3" back. Vlack unlisted. Rarely seen type. Very Fine ☆ R. S. Frary, Frary's Music Store, West Winsted. Type 19. No protector 3. Black seal, Washington at right. No lathework verso, just text. Vlack 5580. Rare type and distinctive. Extremely Fine ☆ Young America Square Dealing Clothing House,

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    The 52 Collection, Iconic Imagery on American Paper Currencies

    Highlight: The 52 Collection: Part II A Third Amazing Cincinnati Demand Note Proof 3302 Demand Note. Act of July 17, 1861. Five Dollars. Cincinnati. Type of Fr.4; W .605. Face Proof. About Uncirculated-55 (PMG). Plate C. Printed on India paper. Imprint of the American Bank Note Co. New- York. Across center, full green color protector with large 5 flanked by intricate green pattern counters. Top center. Gothic title over obligations, payable office bottom center. Left end, statue of Freedom from the U.S. Capitol building. Lower right, Alexander Hamilton. Hessler 242D, page 21. Rarity-7. Amazingly, a third example of a proof you might not see another for another decade. The green color is rich and vibrant on bright white India paper. This India paper is interesting as it shows fibers near the bottom an

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    The Albert A. Grinnel Collection of United States Coins and Currency

    Highlight: all the notes there was only one "Demand Note." They were even of great rarity promptly after their issue.) Lot No. 886 $ 5.00 Demand Note on Boston, Series 5. About fine. Ex- tremely rare of the Boston issue. High auction record. 887 $5.00 Demand Note on Boston, Series 8. Extremely fine speci- men with clean signatures. It has a few minute, hardly notice- able, pin holes in center. Just about as choice as found. Of great rarity. 888 $5.00 Demand Noterk, Series 15. Uncirculated. The least rare of the $5.00 Demand Notes, but in this remark- able condition it is excessively rare and very valuable. C Note. 889 $5.00 Demand Noteent signa- tures. Strictly very good; can be classed as fine. Rare. 890 $5.00 Demand Note on Philadelphia. Series 13. Fine

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    74th Anniversary Sale

    Highlight: "3." 1861 Demand Note Look-alike. Type 1. Choice Very Fine. Style similar. Red texts. Vlack 4830. Rare state and historic location. Likely a Rarity-7 note. From the Robert A. Vlack Collection of Advertising Notes. 3639 Nebraska "3" Demand noteSewing Machine Co., Omaha. Type 4. Vlack 5220. Extremely Fine. Another very desirable pairing. (Total: 2 pieces) From the Robert A. Vlack Collection of Advertising Notes. Significant Nevada Look-alike Note 3640 D. Block & Co., Dry Goods Palace, Virginia, Nevada. "3." 1861 Demand Note Look-alike. Type 1. Very Fine. Style similar to previous. "Shawls, Cloaks,

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    The Philadelphia Americana Sale, Part One: American Paper Currency

    Highlight: The 2010 Philadelphia Americana Sale Extremely Rare $5 Demand Note on New York With "for the" Handwritten 1161 $5. Fr.la. W.606. Demand Note. 1861. New York. No Series. No.6154. Plate B. Apparent Fine-15 (PCGS). Offered is a classic rarity, a variety in everlasting demand. Overall it is a nice note, but we give details: Minor edge restorations are noted on the holder, accounting for the grade, but apparently executed by a skilled hand and essentially invisible unless one knows to seek them out. The edges retain their natural unevenness from the note having been imprecisely separated from the sheet and the right end is into the design somewhat. Nearly all condition matters of this caliber can be ignored, as the note presents nicely with bold color, and it is very rare. This is one of the

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    The 52 Collection, Iconic Imagery on American Paper Currencies

    Highlight: Demand Note Face Proof The Finest We Have Seen 3298 Demand Noteligations, payable office bottom center. Left end, statue of Freedom from the U.S. Capitol building. Lower right, Alexander Hamilton. Hessler 242C, page 20. Rarity-7. A stunning example in an exceptional state of preservation. The green protector contrasts beautifully against the bright white India paper and deep black printing. Easily among the finest of all Demand Note

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    The Norweb Collection and Other Important Properties

    Highlight: \ I MHl K 2iH)h Paper Money Important 1861 S5 Demand Note 3182 $5. F-1. Demand Note. Series of 1861. Payable at New York. Serial: 24271. VF-30 (PMG). Closed margin splits; nice pen signatures. Plate information: Series 8, Plate C. An attractive example within its description of one of fhe most historic of all currency issues. NumbtT 38 in Tlw KM) Gn’uhvf American Currency Notes book. At the left is Thomas Crawford's statue. Freedom, later placed on top of the dome of the United States Capitol in 1863. On the face is the inscription "Patented 30 |une 1857," a reflection of the Patent Green Tint ("Canada Green") patented by Rawdon, Wright, I latch & Edson, transferred to them in 1857, then in 1858 to the American Bank Note Company (whose imprint appears in the top margin). The prevailing

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    Eighty-ninth catalogue of rare coins, tokens, medals, paper money, etc. [09/29/1945]

    Highlight: Demand Note. New York, Curtis & Colne, Fine. ($35.00) 1483 1861 -$10.00. Demand Note. New York, Bust of Lincoln, Strictly V.G. ($45.00) 1484 1861 — $5.00. Demand Note, Philadelphia, Ranney & Evans, Fine. ($35.00) 1485 1861 — $10.00. Demand Note, Philadelphia, Slight patch on rev., Strictly V.G. ($45.00) 1486 1861 — $5.00. Demand Note, Boston, Fairbank & Lilley, Slightly patched, Very good. ($35.00) 1487 1861 — $10.00. Demand Note, Boston, Curtis & Evans, Nearly fine. ($47.00) 1488 1864 — $10.00. Aug. 15, Compound Interest Note, Three years at 6% Int., Redemption value $11.94, Sigs. Colby & Spinner, Strictly fine, Very rare. ($48.00) 1489 1864 — $20.00. Dec. 15, Compound Interest Note, Three years at 6 % Int. Redemption value $23.88, Sigs. Colby & Spinner, Paper slightly disintegrated

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    Americana: Colonial and Federal Coins, Medals and Currency, Featuring The George C. Perkins, Esq. Collection of Connecticut Coppers, Federal Currency Proofs and Essays

    Highlight: FEDERAL PROOFS & ESSAYS DEMAND NOTES UNPUBLISHED PROOF ESSAY FOR AN UNADOPTED $5.00 NEW YORK DEMAND NOTE Lot No. 1013 1013 $5.00 New York Demand Note. India paper face Proof Essay of the black and white portions on original wide mar- gined card. An unadopted design without imprint, but likely to be tbe National Banknote Company. This is a single impression proof, Plate letter B, mounted on a wide margin card. Instead of an engraved date as adopted there is an “186_” at the upper right. Stern portrait of Lincoln at the left, different than adopted for use on the issued $10.00 Demand notes. This essay is Unpublished in Hessler. Choice, there is some minor foxing on the India paper and a pencil notation “Baldwin” in script on the lower right of the card. Six small punch holes through the Indi

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    74th Anniversary Sale

    Highlight: "3." 1861 Demand Note Look-alike. Type 1. Extremely ^33 Fine. Style similar. "Photographs of Celebrities." Vlack unlisted. The only Louisiana ad note of this style in the collection and great thematic piece. Lightly toned only and most handsome. From the Robert A. Vlack Collection of Advertising Notes. 3628 Bangor, Maine Type 8 1861 Demand Note "3" Look-alike adver- tising notes, both rare. Style similar: ☆ Haynes, Pillsbury & Co., Hardware, Iron & Steel. Local imprint, Knowles Printers, Bangor at margin line. Vlack 5358. Extremely Fine ☆ Wheelwright, Clark & Co. Clothiers. Same imprint. Vlack unlisted. Choice Very Fine. Minor foxing spots. Rare issuers and location. (Total: 2 pieces) From the Robert A. Vlack Collection of Advertising Notes. 3629 Baltimore, Maryland ad notes, all 1861

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    74th Anniversary Sale

    Highlight: The 74th Anniversary Sale 3648 Ohio 1861 Demand Note Look-alike "3" advertising notes, col- lection of various locations and types. Styles similar to previous lots. Includes: ☆ Sinks, Corre & Co., Gibson House, Cincinnati. Type 6. Vlack 5290. Very Fine ☆ Johnson & Whitney, Dry Goods, Oberlin. Blank back with ad in center. Type 14. Vlack 5535. Very Fine ☆ J. H. Taylor, Harness, Saddles, Collars, etc., Painsville. Type 10. Vlack 5480. Extremely Fine ☆ McKelvey & Brainard, Groceries, Provisions, Feed and Grain, Poland. Vlack unlisted. Extremely Fine ☆ Chas. J. Gibaut, Photograph Art Gallery, Sandusky. Vlack un- listed. Fine. Heavy vertical folds, some with partial and re-closed splitting. Appealing from the face ☆ E. W. Chamberlain, Patrons Mutual Insurance, Sullivan. Type 19. Vlack 5585. Ver

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    The 52 Collection, Iconic Imagery on American Paper Currencies

    Highlight: ESSAYS AND VIGNETTES Eeaturing Demand NoteInside the often less than perpendicular array of currency items in his cases would be the unusual and advanced topics that combined history, beauty and great rarity When he sat at an auction conducted at a major currency venue such as Memphis, you knew you were not going to grab a bargain on a Kirtland note, or a nearly unknown Friedberg number type, or that full color Demand Note proof whose pedigree Art knew off the top of his head, but kept on the cerebral coat rack until he might present it for sale in his unique

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    The 52 Collection, Iconic Imagery on American Paper Currencies

    Highlight: The 52 Collection: Part II Superb Gem Cincinnati Five Dollars Demand Note Proof Extremely Rare Demand Note Location 3300 Demand Note. Act of July 17, 1861. Five Dollars. Cincinnati. Type of Fr.4; W.605. Face Proof. Gem Uncirculated-65 EPQ (PMG). Plate A. Printed on India paper, mounted on original card. Imprint of the American Bank Note Co. New- York. Across center, full green color protector with large 5 flanked by intricate green pattern counters. Top center. Gothic title over obligations, payable office bottom center. Left end, statue of Freedom from the U.S. Capitol building. Lower right, Alexander Hamilton. Hessler 242D, page 21. Rarity-7. An absolutely stirring color proof of an extremely rare type, proof or issued. The Cincinnati Demand Five Dollars note is one of the keys from the

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    The March 2012 Baltimore Auction [Currency]

    Highlight: Stack's Bowers Galleries The March 2012 Baltimore Auction Important Federal Proofs and Bonds Stunning Cincinnati $5 Demand Note Color Proof 5410 Type of Fr.4. Act of July 17, 1861. $5. Cincinnati Demand Note. Gem Uncirculated 65 EPQ (PMG). Face Proof. A. Imprint of the American Bank Note Co. New- York. India paper, mounted on original card. Across center, full green color protector with large 5 flanked by intricate green pattern counters. Top center, Gothic title over obligations, payable office bottom center. Left end, statue of Freedom from the U.S. Capitol building. Lower right, Alexander Hamilton. Hessler 242D, page 21. Rarity-7. A glorious pedigree for any proof and especially a Federal proof as this is from Arthur M. Kagin's collection at one time. It was last sold in The 52

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    The Numismatist, February 1924

    1/2/1924

    Highlight: Demand Note, payable in New York. Demand Note, payable in Philadelphia. Demand Note, payable in Boston. Demand Note, payable in Cincinnati. Demand Note, payable in St. Louis. Legal Tender Note. Legal Tender Note, convertible into U. S. 6 per cent, bonds. Legal Tender Note. Legal Tender Note. Legal Tender Note. Legal Tender Note. Legal Tender Note. Legal Tender Note. Gold Certificate. Gold Certificate. Gold Certificate. Gold Certificate. Silver Certificate. One-Year Note bearing 5 per cent, interest. Compound Interest Note. Federal Reserve Notes issued by all the 12 Federal Reserve Banks. Federal Reserve Banknotes issued by all the 12 Federal Re- serve Banks. FRACTIONAL CURRENCY REARING PORTRAIT OF ABRAHAM LINCOLN. .50 Fourth Issue. Issued from July, 1869, to February, 1875.

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    The Numismatist, February 1924

    1/2/1924

    Highlight: Demand Note, payable in New York. Demand Note, payable in Philadelphia. Demand Note, payable in Boston. Demand Note, payable in Cincinnati. Demand Note, payable in St. Louis. Legal Tender Note. Legal Tender Note, convertible into U. S. 6 per cent, bonds. Legal Tender Note. Legal Tender Note. Legal Tender Note. Legal Tender Note. Legal Tender Note. Legal Tender Note. Gold Certificate. Gold Certificate. Gold Certificate. Gold Certificate. Silver Certificate. One-Year Note bearing 5 per cent, interest. Compound Interest Note. Federal Reserve Notes issued by all the 12 Federal Reserve Banks. Federal Reserve Banknotes issued by all the 12 Federal Re- serve Banks. FRACTIONAL CURRENCY REARING PORTRAIT OF ABRAHAM LINCOLN. .50 Fourth Issue. Issued from July, 1869, to February, 1875.

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    Seventy-third catalogue of rare coins, tokens, medals, paper money, etc. [12/03/1942]

    Highlight: Demand Note, Dailey & Meline, V. F. Ex- ceedingly Rare. Worth $75.00. 1360 1861 — $5.00 New York, Demand Note, MacLeod & Hartwick, Strictly Fine. Worth $35.00. 1361 1861— $10.00 New York, Demand Note, Dailey & Meline, Strictly V.G. Worth $40.00. 1362 1861— $5.00 Philadelphia, Demand Note, Croffut & Hall, Fine. Worth $35.00. 1363 1861— $5.00 Philadelphia, Demand Note, Dwyer & Finney, Good. Easily Worth $20.00. 1364 1864— $10.00 Compound Interest Note, Colby & Spinner, slightly patched. Strictly Good. Worth $40.00. U. S. LEGAL TENDER NOTES 1365 1862—31.00 Chittenden & Spinner, Serial No. 1644, Unc. 1366 1862 — $2.00 Same signatures. Very Fine. 1367 1862— $5.00 Same signatures, Unc. Worth $12.50. 1368 1862 — $10.00 Same signatures, Strictly V.F. Easily worth $20.00. 1369 1862— $20.00 Same

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    Stack's 55th Anniversary Sale Part II: United States Gold, Silver, Copper Coins, Paper Money

    Highlight: PAPER MONEY — DEMAND NOTES EXTREMELY RARE NEW YORK $20.00 DEMAND NOTE 837 $20.00. Fr.ll. 1861. New York. No. 47314, no Series. The Friedberg plate note. Fine, with margins clear of the design on all four sides. There are a couple of pinholes and trivial edge splits, but no major splits, and the signatures are excellent. Probably the second Finest known, just behind the Extremely Fine example we sold last March. At least two of the known pieces have repairs. Extremely rare and lacking in most type sets. One of seven known: SN 24476. Very Good to Fine, damaged. Ex Leo Young; Hickman & Oakes’ June 14, 1985 Sale, lot 1114. SN 30973. Fine, repaired. From Hickman & Oakes’ November 11, 1988 sale, lot 179. SN 36843. Fine. Ex Amon Carter; Hickman & Oakes’ November 14, 1986 Sale. SN 39422. Fine. In

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    74th Anniversary Sale

    Highlight: 1861 $5 DEMAND NOTE LOOK-ALIKE ADVERTISING NOTES Rare California Ad Notes 3614 California Type 2 "3" 1861 Demand Note Look-alike advertising notes, a rare trio of notes. General style of the $5 Demand Note face, but with a "3." Left end, Columbia statue. Lower right, por- trait. Green protector "3" in center with red "Treasury" seal. Green back, central text cartouche flanked by "X"s on each side. Includes: ☆ W. D. Phillipson, Newspaper Agency, Benicia. Vlack 5095. Violet ad stamp on face of note Text on the back spans whole note. Very Fine, rough right edge ☆ Max Gundlach & Co., The Stanislaus Shoe Store, Modesto. Vlack 5105. The back is very faded. Overall Fine to Very Fine ☆ Eastman & Wright, Jewelers, Watchmakers and Engravers, Marysville. Vlack unlisted. Very Fine. "Gold Rush" region

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    74th Anniversary Sale

    Highlight: "3." 1861 Demand Noteht this home at $770 when Herb and Martha Schingoethe bid aggres- sively for such things. They likely did not have the location for this series and we have not seen or catalogued another. Arguably the highlight of the collection. There is a small burn hole in the right end panel and some back side foxing. From the Robert A. Vlack Collection of Advertising Notes. 3656 Wisconsin "3" Demand Note look-alike ad notes, rare pairing of different locations and types. Styles similar: ☆ J. M. Dfrees & Co., Pure Drugs & Medicines, Ripon. Type 8. Vlac

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    The November 2012 Baltimore Auction, United States Paper Money

    Highlight: 2012 Large Size Demand Notes PCGS Very Fine 30 PPQ 1861 Five Dollar "Boston" Demand Note 4355 Fr. 3. 1861 $5 Demand Note. PCGS Very Fine 30 PPQ. An incredibly important offering for this type as a whole with all Demand Notes being rare with original problem free paper. This note is just that with completely original paper stock and devoid of any repairs or netting defects. We handled the finest PCGS Certified item for this Boston Five Dollar demand note type in our August 2012 ANA sale which resides in a PCGS Extremely Fine 40 holder and fetched $25,300.00. The note presented here steps on the toes of that piece in terms of appeal and exceeds it in terms of originality. Defined penned signatures adorn the title lines and bold greens make up the large "5" pro- tector at center and flanking

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    The June 2014 Baltimore Auction, U.S. Currency

    Highlight: Home bank demand note issue and typically hole canceled, unlike this example. Some mottled toning, back corner mount remnant and roughness along bottom edge through imprint. Est. $250-$300 From the Thomas A. Gray Collection of North Carolina Obsolete Currency 6249 Elizabeth City, North Carolina. Farmers Bank of North Carolina. Lot of (5) Low Grade or Damaged Types. $3. Demand Note. Angels. Good, multiple POC |$5. Demand Note. Remainder. Indians. Multiple POC, scotch tape end repairs and the holes, staining. Net Good | $6. Counterfeit Demand Note. Eagle. Good to Very Good, pen canceled heavily | $8. Demand Note. Supported shield, girl with dog lower left. Poor, large chunk off the right. Boys Town glassine repairs on back | 1860. $1. Certificate of Deposit. Farmers. Apparently, properly

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    The Bankers Magazine [vol. 50]

    /1895

    Highlight: The note of the Spring Garden Bank was a demand note, and the evidence shows that “ about 11 o’clock of May 8, 1891, or shortly after,” the Hanover Bank telegraphed the Spring Garden Bank calling the loan for immediate payment. The Bank Examiner took possession of the latter bank “ some time between 11 and 12 o’clock on the 8th of May, 1891.” On the day of the failure, therefore, the defendant bank owed the Spring Crarden Bank the balance of deposits, and the Spring Garden Bank owed the defendant bank the amount of the loan. There is no reason in justice or in equity why a court should be astute to divide the day into fractions in order to deprive the solvent debtor of a righteous defense. On May 8, 1891, both were debts presently due, and either was a proper set-oflf against the other.

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    The Bankers Magazine [vol. 63]

    /1901

    Highlight: giving its demand note therefor and the note was indorsed by its directors as sureties. Interest has been paid regularly on the note, but the wbole of the principle remains due and unpaid. Demand has been made on the corporation for its payment but the corporation is in straitened circumstances and it is not probable that collection can be made from the corporation. It is claimed by one of the officers of the bank that the sureties can- not be held on the note on account of the delay in pressing its collection and the failure of the bank to protest the note for non-payment within a year from its execution. Before tak- ing any further steps in the matter it is desired by the directors of the bank that your opinion as to the liability of the sureties be secured. Answer . — The authorities ar

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    The Bankers Magazine [vol. 71]

    /1905

    Highlight: DEMAND NOTE— PRESCRIPTION— ARTICLE 2,231— CIVIL CODE— ACTS SUFFICIENT TO INTERRUPT PRESCRIPTION . Bank of Ottawa vs. McLean (Quebec Reports, Volume 26, Superior Court, page 27). Head Notes: 1. Prescription of five years, and not thirty, applies to a note, notwithstanding that part thereof was for money loaned and for securing which hypothec was given. 2. Interest on demand note runs from the date thereof. 3. Prescription begins to run from date thereof and not from date of demand of payment 4. Acknowledgments made by one party to a note, interrupts prescrip- tion as to the others. 6. Acknowledgments can be proved by the oath of one of the parties defendant. 6. A transfer of property by one defendant to the plaintiff, though signed by defendant before consideration was filled in, and

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    Catalog of the Fred E. Olsen Numismatic Collection Featuring a Most Extensive Collection of United States Pattern Coins and the 1913 Liberty-Head Nickel!

    Highlight: Demand Note on Boston. Act of July 17, 1861. Signed by hand for the Register and Treasurer of the United States. About fine. Rare and in great demand. 2060 $5.00, Demand Note on New York. Strictly fine to very fine. Very scarce so choice. Record over $40.00. 2061 $5.00, Demand Note on Philadelphia. Very nearly uncircu- lated. Extremely rare so choice. Brilliant note. Former owner paid over $50.00 for it. 2062 $ 10 . 00 , Demand Note on Philadelphia. Fine to very fine, but slightly frayed at top. Far above the average for this rare note. Retails up to $75.00. DO NOT— Overlook the Price List of This Fine Sale! This List will show you the price each and every coin in this great Sale sold for. This Catalog and the Price List will form a source of most valuable and profitable in- formation for

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    Public auction sale : rare coins, medals, paper money, U. S. cents, half cents, etc. ... collections of Brig. Gen. Walter D. McGaw ... W. P. Brown ... Maltbie, Bucholtz ... Mrs. Walter James, and others. [11/20/1930]

    Highlight: DEMAND NOTE, ETC. 2167 1861 $5.00. Bust of Alex. Hamilton. Act of July 17th. Demand note, payable at Boston. Letter C. Note 65391. Small hole. Good other- wise. Very rare. Note from actual circulation. 2168 Act of March 3rd, 1863 §5.00. Hamilton. Regular issue. Note No. 79895. Letter C. Fine. Scarce. RARE COMPOUND INTEREST TREASURY NOTE. 216 9 $20. Bust of A. Lincoln at right, female at left. Dated Dec. 15th, 1S64. Sigs engraved of Colby & Spinner. Note No. 290607. Slight J l .-'-defects. Good. Letter A. V. Rare. I think first of this denomination ZJ in our sales. A) yj 2170 RARE NATIONAL BANK NOTES, ETC. 2171 1-2 io*£\ \ b 1865. $1.00. Bank of New York National Banking Association. De- mand note. Signed by the President, C. P. Leverich. Note 25118. Minor edge defect or so. Good. V. Rare.

    Auction catalog from American Numismatic Society library.

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    Public auction sale : properties of Dr. Clifton Wheeler ... L. J. Troy, D. P. Dickie and other collectors. [04/01/1937]

    Highlight: Demand note. Till- man, Morgan. Openwork on back. C. Unc. Scarce. 1891. $2.00. Wm. Windom. Small red seal at r. Tillman & Morgan. C. Openwork back. Demand noteman, Morgan. C. Openwork style back. Crisp. Unc. 1890. $1.00. E. M. Stanton. Large brown seal at r. Rosecrans & Hus- ton. C. Crisp Gem. The reverse has large blocked letters ONE in center. 1 and One at left. A rare reverse. Crisp and Unc. Series of 1886. $5.00. Electricity with 3 females and chariot in center. C. Demand note. Small red seal at r. Rx. Busts Grant and Sheridan. Crisp and Unc. Scarce. 1899. $2. Washn. Large

    Auction catalog from American Numismatic Society library.

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    162nd auction sale of rare coins, medals, and paper money. [04/13/1945]

    Highlight: Demand note payable at Boston. Dated Aug. 10, 1861. Series 5, letter C. Signatures Fairbanks-Lilley. Portrait Abraham Lincoln. No treasury seal, a peculiarity of the “demand notes”. Very good ; a few pin-holes. Extremely rare. 613. $ 10.00 U.S. Demand note payable at Boston. Letter D. Signa- tures of Dailey & Melim. Description otherwise as last. Very fair. Rare, as most demand notes were redeemed. 614. $5.00 U.S. Demand noteston. Aug. 10, 1861. Series 3, letter B. Signatures Lee & Coburn. Portrait Hamilton r., Craw- ford’s statue of “America” at left. Very good; a few pin-holes. Very rare. 615. $5.00 Demand note payable at New York. Description as last. Series 13, letter B. Signatures Croffett-Hull. About good. Rare. RARE U. S. GOLD BANK-NOTE 616. $5.00 First National Gold

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    165th auction sale of rare coins and paper money. [02/15/1946]

    Highlight: Demand Note, payable at Boston. Dated Aug. 10, 1861. Portrait of Lincoln at left. No treasury seal, a peculiarity to the “Demand Notes”. V. fair, torn at fold and mended on back. Rare. 1325. $5.00 U.S. Demand Note, payable at Boston. Statue of America at left, portrait Hamilton r. Good. Rare. Aug. 10, 1861. 1326. $5.00 U.S. Demand Note, payable at New York, Aug. 10, 1861. Good, but worn at fold, and mended on back. All demand notes are rare. 1327. $5.00 U.S. Demand Note, payable at Philadelphia, Aug. 10, 1861. Good. Rare. 1328. $5.00 U.S. Legal Tender, March 10, 1862, first obligation. Red seal. Signatures Chittenden & Spinner. Fine. Cat. $10. 1329. $10.00 Legal Tender, Mar. 10, 1862, first obligation. Por- trait Lincoln. Good. 1330. $1.00 Faneuil Hall National Bank, Boston 1865, first

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    Collection of United States gold, silver, copper coins and specimen demand notes. [05/02-04/1968]

    Highlight: SPECIMEN DEMAND NOTES 583 $5.00 Specimen Demand Note. CINCINNATI. As above. Extremely Fine, mended with tape at lower right. lSiiaBaBHBBaaBBBI3|! p pBBBBBBBBBBBBB&f^ UNITED STATES BBBBBBBBBBBiS liigA^^AAkii^o^m f ^miOTMg flBBBa 'Lot No. 584 584 $10.00. Specimen Demand Note. PHILADELPHIA. Obverse and Reverse (printed separately). Type of Friedberg #7. Uncirculated. 2 pieces. 585 $10.00. Specimen Demand Note/7y^/.vr,fsfffrrt>ff^irf Wf/t t/S/tz/t: asPRaUM * H mi ^ y^Try^Tji, . .. tt'tt^^irftf t'f rrtr r ffUttf .\ff//t:\ XVT oy JUl/r At» !-<»#*'■ Lot No. 586 586 $20.00. Specimen Demand Note. CINCINNATI. Obverse and Reverse (printed separately). Type of Friedberg #14. Extremel

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    Public Auction Sale R.L. Miles Jr. Collection of United States Coins

    Highlight: SPECIMEN DEMAND NOTES 583 $5.00 Specimen Demand Note. CINCINNATI. As above. Extremely Fine, mended with tape at lower right. pBBBBBBBBBBBBBEi* ^****■ 5 *^^. . //mj///////// // UNITED '/7-//Ar Dtrtsuftroi v//y. BBBBBBBBBBBI V RECEIVABLE IW PAYMEKT OF A1.I. rPBLlC DtlES.a Lot No. 584 584 $10.00. Specimen Demand Note. PHILADELPHIA. Obverse and Reverse (printed separately). Type of Friedberg #7. Uncirculated. 2 pieces. 585 $10.00. Specimen Demand Note. PHILADELPHIA. Obverse only. Type of Fried- berg #7. Uncirculated. 00000 w/// nivVOSITARV «»F THK .* F.S.AT « IXC I.'^XATI », Lot No. 586 586 $20.00. Specimen Demand Note. CINCINNATI. Obverse and Reverse (printed separately). Type of Friedberg #14. Extremely Fine, lower right comer of the obverse is missing. This note is by far the rarest of this

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    The August 2012 Philadelphia ANA Auction, United States Paper Money

    Highlight: End of The Watermelon Collection OF United States Paper Money Additional Demand Notes Important Philadelphia 1861 Five Dollar Demand Note 7525 Fr. 2. 1861 $5 Demand Note. New York. PCGS Very Fine 30. Apparent. Minor Restoration at Top Right. A Demand Note which is one of the finest of the denomination we have handed in quite some time and also the finest publicly offered in many years. The design is seen with the highly detailed vi- gnette of the Thomas Crawford's statue of Freedom which in 1861 was not ready for its eventual placement on top of the United States Capitol dome, where today in 2012 it remains a famous icon. Engraved act of July 17, 1861 date seen above portrait vignette of Alexander Hamilton at right and seen with "On Demand," at center on protector with guilloches flank-

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    The August 2012 Philadelphia ANA Auction, United States Paper Money

    Highlight: 201 2 1861 $5 Boston Demand Note Finest PCGS Certified 7526 Fr. 3. 1861 $5 Demand Note. PCGS Extremely Fine 40. An important offering of this design. Payable to the assistant treasurer of the United States at Boston. The present note is bright on both sides with colorful hues and, remarkably, no distractions, restorations, or repairs. The grade of Extremely Fine is very remarkable, placing it at the very top of the PCGS population report. Considering other varieties of $5 Demand Notes this is the fourth finest known in the PCGS line up. The most recent auction offering of the general type was a New York note that brought $43,125 in September 2008, graded by PMG About Uncirculated 53. We have not noticed any at the EF level selling recently. Est. $15,000-$25,000 Second Finest Known 1861 Fr.

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    The August 2012 Philadelphia ANA/PNG Pre-Show Auction [Currency]

    Highlight: Demand Notechimedes, ancient man, and Washington on horseback; all vignettes by Asher B. Du- rand. All issued. Bright Very Fine to Extremely Fine notes, some folded edges. Hand selected from a small group years ago. Est. $300-$400 3312 New York, New York. Marble Manufacturing Company of the City of New York. 1826. Lot of (4) Denominations. All A.B. & C. Durand & Wright. $10. NY-1705 G18 Unlisted. Demand Note. Archimedes top. Scarcer type than post notes I Set of Post Note. $20, $50 and $100. G20, G22, and G24. Archimedes, ancient man, and Washington on horseback; all vignettes by Asher B. Durand. All issued. Bright Very Fine to Extremely Fine notes, some

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    The August 2014 Chicago ANA Auction, U.S. Currency

    Highlight: 1861 $5 Demand Noteorations. Nice color and detail for the technical grade with well defined manuscript signatures. A dark green guilloche at center and large “5,” protector are bold along with the important ornate back design. Wonderful margins for the type and seen with only minor edge restorations closed which is mentioned in the comments section of the holder. Est. $5000-$7000 2205 Fr. 3. 1861 $5 Demand Note. Boston. PCGS Very Fine 25. This particular example retains great color and detail for the technical grade with well defined manuscript signatures. A dark green guilloche at center and large “5,” protector are bold along with the important ornate back design. Wonderful margins are seen on this problem free note which is rarely seen

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    Penn-Ohio coin clubs : fall convention catalogue. [09/18-20/1964]

    Highlight: Approximately 30% duplicated - $75.00 - United States Currency $5.00 Demand Note (New York) 1026 F.l — $5.00. 1861 Demand Note. New York. At left, the statue of Columbia. At right, Alexander Hamilton. First so-called “Green Backs”. Reverse is embellished with small 5’s covering the en- tire note. Good-V. Good and exceedingly rare. Do not wait for better condition on these types. They rarely come better. Scarce enough to realize $350.00 $5.00 Demand Note (Philadelphia) 1027 F.2 — $5.00. 1861 Demand Note. Similar to above but payable at Philadelphia. Trifle cleaner than above lot but several rein- — 40 —

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    Americana: Colonial and Federal Coins, Medals and Currency, Featuring Selections from the Hain Family Collection Part II

    Highlight: FEDERAL CURRENCY LARGE SIZE CURRENCY DEMAND NOTES UNPUBLISHED PROOF ESSAY FOR AN UNADOPTED $5.00 NEW YORK DEMAND NOTE Lot No. 2310 2310 $5.00 New York Demand Note. India paper face Proof Essay of the black and white portions on original wide mar- gined card. An unadopted design without imprint, but likely to be the National Banknote Company. This is a single impression proof, Plate letter B, mounted on a wide margin card. Instead of an engraved date as adopted, there is an “186_” at the upper right. Stern portrait of Lincoln at the left, different than adopted for use on the issued $10.00 Demand notes. This essay is Unpublished in Hessler. Choice, there is some minor foxing on the India paper and a pen- cil notation “Baldwin” in script on the lower right of the card. Six small punch holes

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    Robert F. Schermerhorn Trust A Correspondence, 1970-1972

    /1970

    Highlight: Demand Note, $10 denom., trial plate Specimen - U.S. Demand Note, $20 denom., trial plate Specimen - U.S. Demand Note, $5 denom., trial plate Specimen - U.S. Demand Note, $100 denom., trial plate, #FR. 207 Fine Like a check, duplicate Hudson May Company Hudson Bay Company Educational notes Counterfeit detector 204 with coupons 2 coupons attached, payable Col. Samuel Colt, extremely rare, see commen in Friedberg on unique note with 2 coupons attached. Probably most valuable piece in collection, certificate, Philadelphia, Assistant Treasurer, 1866

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    Harley L. Freeman Invoices from B.G. Johnson, August 4, 1942, to November 9, 1942

    /1942

    Highlight: Sooii Demand $bte* • Damaged $5.00 Cincinnati Demand Note Co. 30 00 — 3&J3a. $10.00 Cincinnati Demand note. _____ Damaged at corner 75 00 ~~~ $10.00 Boston demand note. V.good 35 00 -^r 1 $20 .00 Compound interest note. Oct. 15, 1864. Pine 60 00 $50.00 Promt $100.00 Back — Aetna Natl. Bg.ak. Kansas City A 330250 v % \ %

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    The Bankers Magazine [vol. 56]

    /1898

    Highlight: and the bank held its demand note note was due, the offset was properly allowed. It is conceded that banks have a lien upon deposits for debts due from their depositors. No lien, however, attaches until the maturity of the debt. (Holies, Banks, § 374 ; Gibbons vs. Hecox, 105 Mich. 518.) The learned counsel for the Receivers cite several authorities upon the question of reasonable time to be allowed before a demand note becomes overdue and dis- honored. Those cases affect solely the liability of indorsers. They have no appli- cation in suits upon a note between the promisor and the promisee. In such a case the universal

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    The Bankers Magazine [vol. 76]

    /1908

    Highlight: reading as here below and securing a demand note payable at the bank of the payee and holder, does not waive his right to actual notice, by demand for pajmient or otherwise, of the intention of the pledgee to sell the pledged property; “This note is secured by pledge of the securities mentioned on the reverse hereof, with the right to call for additional se- curity, should the same decline, and, on failure to respond, this obligation shall be deemed to become due and payable on de- mand, with the full power and authority to sell ♦ * * the whole of said property. or any part thereof, * * * at public or private sale, at the option of the bank, and without further notice.” The words “further notice,” as thus used, imply actual previous notice of the demand for payment, and whilst such demand,

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    Coin World Correspondence, 1970-1979

    1/1/1970

    Highlight: In accordance with your request I am enclosing a positive of the $10 United States Demand Note from St. Louis. I am having sent by separate cover a positive of the $5 United States Demand Note from St. Louis. These are from my collection and you can use these in any manner you feel is convenient. You can also use the $10 Bank of St. Louis Note which I previously forwarded to you for the Paper Money edition. If you can return the two Demand Note positives to me, that would be helpful as they are the only positives I have. It is always a pleasure to help you. Sincerely, Eric P. Newman jah End .

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    Harley L. Freeman Invoices from B.G. Johnson, August 4, 1942, to November 9, 1942

    /1942

    Highlight: Sooii Demand $bte* • Damaged $5.00 Cincinnati Demand Note Co. 30 00 — 3&J3a. $10.00 Cincinnati Demand note. _____ Damaged at corner 75 00 ~~~ $10.00 Boston demand note. V.good 35 00 -^r 1 $20 .00 Compound interest note. Oct. 15, 1864. Pine 60 00 $50.00 Promt $100.00 Back — Aetna Natl. Bg.ak. Kansas City A 330250 v % \ %

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    The Bankers Magazine [vol. 56]

    /1898

    Highlight: and the bank held its demand note note was due, the offset was properly allowed. It is conceded that banks have a lien upon deposits for debts due from their depositors. No lien, however, attaches until the maturity of the debt. (Holies, Banks, § 374 ; Gibbons vs. Hecox, 105 Mich. 518.) The learned counsel for the Receivers cite several authorities upon the question of reasonable time to be allowed before a demand note becomes overdue and dis- honored. Those cases affect solely the liability of indorsers. They have no appli- cation in suits upon a note between the promisor and the promisee. In such a case the universal

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    The Bankers Magazine [vol. 76]

    /1908

    Highlight: reading as here below and securing a demand note payable at the bank of the payee and holder, does not waive his right to actual notice, by demand for pajmient or otherwise, of the intention of the pledgee to sell the pledged property; “This note is secured by pledge of the securities mentioned on the reverse hereof, with the right to call for additional se- curity, should the same decline, and, on failure to respond, this obligation shall be deemed to become due and payable on de- mand, with the full power and authority to sell ♦ * * the whole of said property. or any part thereof, * * * at public or private sale, at the option of the bank, and without further notice.” The words “further notice,” as thus used, imply actual previous notice of the demand for payment, and whilst such demand,

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    The Bankers Magazine [vol. 80]

    /1910

    Highlight: would give a demand note, signed by him- self and his wife, as collateral security. Held (1) That taking the demand note as collateral for the pre-existing debt made the bank a holder for value as against B.*s wife, who was an accommodation maker; (2) That the fact that the note was pay- able to the bank did not prevent it from becoming a holder for value. The holder of a negotiable promissory note, payable to bearer or payable to order and indorsed in blank, may sue on it in his own name; and he is not required to prove that he owns the note, or if not that he has the consent of the true owner to bring suit on it in such form. ^ I ^*HE Winnisimmet National Bank was the holder of a promissory note for $1,000, signed by one O. H. Perry, payable to and indorsed by the defendant Scott

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    Coin World Correspondence, 1970-1979

    1/1/1970

    Highlight: In accordance with your request I am enclosing a positive of the $10 United States Demand Note from St. Louis. I am having sent by separate cover a positive of the $5 United States Demand Note from St. Louis. These are from my collection and you can use these in any manner you feel is convenient. You can also use the $10 Bank of St. Louis Note which I previously forwarded to you for the Paper Money edition. If you can return the two Demand Note positives to me, that would be helpful as they are the only positives I have. It is always a pleasure to help you. Sincerely, Eric P. Newman jah End .

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