Status: U Return-Path: Received: from web12702.mail.yahoo.com ([216.136.173.239]) by runyon.mail.mindspring.net (Earthlink Mail Service) with SMTP id ttbsp1.ag5.37kbi7f for ; Tue, 23 Oct 2001 18:45:53 -0400 (EDT) Message-ID: <20011023224451.5052.qmail@web12702.mail.yahoo.com> Received: from [208.191.151.209] by web12702.mail.yahoo.com via HTTP; Tue, 23 Oct 2001 15:44:51 PDT Date: Tue, 23 Oct 2001 15:44:51 -0700 (PDT) From: MPCgram Subject: MPCGram 466/3 To: MPCGram@yahoo.com MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii ============================================== MPC Gram ============================================== Covering the Entire World of Military Numismatics ----------------------------------------------- Series 002-Number 466 Tuesday, October 23, 2001 A different white note by Joe Boling The Bank of England was not alone in issuing uniface white notes for the UK. At the start of WWI (1914), coinage went out of circulation rapidly, as it always did during emergencies (back in the days when coinage had intrinsic value, unlike the copper-nickel slugs we use today). The treasury wanted to supplement the coinage with small denomination notes, but the Bank of England had not issued notes of less than five pounds for almost 100 years. I don't recall all the details of the political and economic fights between the bank and the treasury, but the bank declined to issue the low denomination notes that the government wanted. Parliament therefore passed an act authorizing the first treasury notes to be issued. These were in denominations of 10 shillings and one pound, and signed "John Bradbury, Secretary to the Treasury" (and are therefore called Bradbury notes). Because of the emergency, there was no time for elaborate productions. The design does not even contain the name of the country that issued the notes; the main text says "Issued by the Lords Commissioners of His Majesty's Treasury under Authority of Act of Parliament." There is a small portrait of George V in the ornamentation at the left, but nothing saying that the notes were for the United Kingdom of Great Britain and Ireland. They are lithographed uniface in red (the 10/) or black (the one pound) on postage stamp paper with a repeating watermark of a crown over a GVR monogram (George V Rex). The nominal issue date (not on the notes) is August 1914. Naturally, it was not long before counterfeits appeared. I was fortunate enough to acquire one in London at the IBNS fair, and examined another. Both are one-pound pieces, with printing virtually indistinguishable from the originals. Fortunately, they are not on watermarked paper, which makes separating them an easy task. The one I bought is stamped on the back ARMY PAY OFFICE / CAIRO / 23 XII 1914. Does this mean that the fakes were prepared in the middle east? I don't know. Given the choice between this one and one without any backstamp, I chose the one with the military currency connection. By October 1914 true banknote paper was ready, with elaborate watermarks containing the denomination and pictorial elements, not unlike the watermarks in the white Bank of England notes. I will have more to say about the second issue of Bradbury notes next week. Paymaster Sidelined Leo May, known to Festers (and others) as Paymasters, and to many show goers as the guy with the funny hat has been hospitalized in Miami. He was struck with an illness while on the road (doing shows of course) and after hospitalization in north Florida has been moved to Miami. His condition is not life threatening but the spelling of the condition is unknown at this time. He may be reached at the hospital for social calls at: 305 661 4611 room 8580. Note that his phone number includes TWO MPC series designations! ============================================== Editorial ----------------------------------------------- After arriving in London, Wednesday and Thursday were spent viewing auctions at Philipps and Spink. The Spink auciton had losts of interesting stuff including new information for the WWII book (I still have not entered the data in my master book). Marcus Turner arrived on Friday for his whirlwind London/IBNS trip. I have told the story of how I missed my main lot in the auction. I was (an am) upset about that. Since I did not have any lots in the afternoon, Marcus, Larry, and I went to the Bank of England museum. Not only was it interesting and better than I expected, we have learned in the last few days that the trip was useful for research. The museum seems small at first, but the thing just keeps expanding to the back. It is certainly worth a visit. ============================================== Mail Call ----------------------------------------------- Hello: I just received my October issue of World Coin News and on page 62 is a picture of a 5 cent series 461 MPC. I immediately noticed that it is a replacement! Serial number A00568212. Has any other gramster reported this? The article gives an interesting story about this note being part of a small collection of different banknotes purchased in Costa Rica. The article talks about how this hoard contains a number of unusual notes from the W W II era, but makes no mention of the replacement aspect. So I suspect the author Paul Green and the owner Robert "Survivor Bob" Wester are unaware of this aspect. So here's another note that can be added to the replacement list. Dean Neald Dear Dean, Thanks for the report. This was a new number for the survey. For review, or just for fun, what is the positino number of this replacement and what sheet did it come from? Answers later this week. Editor Dear Editor, Wow, it is exciting news that we will have war bonds again. The WWII items are indeed interesting. I look forward to having some current war bonds to go with my obsolete ones. MPCKid Kid, Thanks for the comments. It is not a done deal yet, at least not that we know of. Someone out there in Gram land must know how to get breaking news from Congress. How can we find out about such pending items? Does anyone have a way to contact Paul O'Neil? Editor ================================================ Departments ------------------------------------------------- Calendar of events for Gramsters maintained by Howard Daniel, Nancy and John Wilson and Gram staff, last updated September 7, 2001 show reports are requested on all events. Even if it was not a great show, there must be something to report. What and whom did you see? Market activity? Share your observations and thoughts with Gramsters everywhere. ---------------------------------------------------- Special "MPC" events March 2002 8-10 - MPCFest III - reservations in order received: Guido Crapanzano, Harold Kroll, Larry Smulczenski, Gary "Got any fours" Hicks, Tom Warburton, David Seelye, Jack Lippincot, Phil Goldstein, Warner Talso, Nick Schrier, Tom Koch, Mark Watson, Bill Yanchick, Doug Bell, Sam Feeback, Bruce Potter, Elmer Smith, Marv Mericle, Fred Schwan {running total 19}] W.W.II numismatics seminar at ANA Summer Seminar, July 2002 Session I (Sunday, June 30 through Thursday, July 4, 2002) Session II (Sunday, July 7 through Thursday, July 11, 2002) general events October 26-28, 2001, 23rd PAN Convention, Pittsburgh Expomart, Monroeville, PA., 140+ tables, Contact John Paul Sarosi (814) 535-5766 November 1-4, 2001, Denver Coin Expo, National Western Expo Hall, Contact Jerry Morgan, (719) 275-0585 November 8-11, 2001, Bay State Coin Show, Radisson Hotel, Boston, MA Contact Ed Aleo (781) 729-9677 November 9-11, 2001, HSNA 38th Annual Coin Show, Queen Kapiolani Hotel, Honolulu, HI Contact Marion Kendrick tel/fax (808) 486-4766 November 9-11, 2001, Tennessee State Numismatic Society Camp Jordan Arena, Chattanooga, TN 100+ tables, Contact Gayle Pike, E-mail pikegw@aol.com November 16-18, 2001, Ohio Coin Expo, Cleveland, OH Holiday Inn, Contact Ron Nelson E-mail ronald-nelson@worldnet.att.net November 15-18, 2001, Santa Clara C, S & C Show, Santa Clara CA convention Center, 300 Tables, Heritage Signature Sale, Contact Rudy Christians (530) 528-8329 November 18, 2001, West Paper Money Fair, London, England November 22 - November 25, 2001, MSNS 46th Fall Convention, Hyatt Regency Hotel Fairlane Town Center, Dearborn, MI., 150+ tables, Educational Programs, Exhibits with great awards including an adult and jr. ANA Summer Seminar Scholarship for BIS's for each one. contact Don Charters (734) 721-4991 or E-mail Tom Klunzinger teklunzinger@yahoo.com November 29 - December 2, 2001, Suburban Washington Baltimore Fall Coin & Currency Convention, Baltimore Convention Center B & M and Presidential Auctions Contact Ed Kuszmar, E-mail collectoramashow@aol.com Important 2002 events CPMX, Chicago Feb 28- Mar 3, 2002 - Contact Kevin Foley, Chairman, Lyn Knight auction of Leo May collection, Educational Programs, 100+ tables, Chicago - Rosemont, IL Holiday Inn, February 28-March 3, 2002 ANA spring show, Jacksonville, FL, 7-9 March 2002. EXHIBIT APPLICATION DEADLINE 11 FEB 2002. Joe Boling, John and Nancy Wilson confirmed in attendance MPCFest III, Port Clinton, Ohio March 2002 27 CICF, April 4-7, 2002, Holiday Inn O'Hare, Rosemont, IL., 100+ tables, Educational Programs, Contact Kevin Foley, (414) 421-3484 WWII numismatics seminar at ANA Summer Seminar, July 2002 ANA summer show, New York City, 30 July-4 August 2002. EXHIBIT APPLICATION DEAD LINE 3 JUN 2002. --------------------------------------------------- Donations are now being accepted for scholarships to the 2002 "Military Money" course at the 2002 ANA Summer Seminar. Inquiries and donations should be sent to: Military Numismatists c/o Marcus Turner 8103 East US Highway 36 Suite 163 Avon, IN 46123 Donors to 2002 Scholarship Fund Steve Feller Harold Kroll R. A. Medina Guido Crapanzano David Seelye Leo May Warner Talso Marv Mericle Mark Watson Gail Baker ==================================================== Post/Base Exchange (PX/BX/NEX) Dump your dupes! Your classified advertisement for items for sale will be run here for free. Send your ads to the gram. This service is for everyone, most humble dealer or most advanced collector. The point is to make the gram more interesting. Send in a list of items for sale and we will list them here in the gram. In all cases confirm your order via email first. FOR SALE The ultimate book for collectors of WWII money: World War II Remembered, 1995 Numismatic Literary Guild book of the year by Schwan and Boling. Yours for $69 postpaid in the US, paypal accepted, autographed upon request. Write FredSchwan@yahoo.com. Germany 1 pfennig to 2 Marks Army issues page 479 SB 142-147 EF-UNC $85.00 postpaid insured for domestic delivery. coinman@rochester.rr.com WANTED Collectors may submit lists of items wanted for their collections for listing here. Dealers and collectors who have these items are then encouraged to list them or sale in the above section. This is a trial, if you like it, send your list. =================================================== Staff: publisher and editor: Fred Schwan - MPCGram@Yahoo.com; assistant editor - Phil Goldstein IWANTMYMPC@aol.com distribution manager - Brad Peacock bp22@swbell.net Tuesday columnist Joe Boling – JoeBoling@aol.com Thurski columnist Larry “Ski” Smulczenski –skifla@prodigy.net critic: Harold Kroll - MPCKid@AOL.com; index manager: Ed Beaman webmaster & technical advisor: Doug Bell - (Wiz): doug@papermoneyworld.net; The Boss: Judy Schwan ===== MPC Gram is published by BNR Press and papermoneyworld.com as a free service to the community of military money collectors. Your suggestions, criticisms, complaints, editorial contributions, letters, and even praise are very welcome. The entire contents including linked illustrations are copyright protected by the publishers. In the case of contributors, the copyright is protected on behalf of the creators. Please send all correspondence regarding the gram to MPCgram@yahoo.com. Thank you very much for your participation. __________________________________________________ Do You Yahoo!? Make a great connection at Yahoo! Personals. http://personals.yahoo.com