Is this a cigar box National?
gsalex
Posts: 218 ✭✭✭
The hits just keep on coming from the Smithsonian's digital collection of BEP's national bank note certified proofs. I'm going to continue to share some of the gems here, as I'm able.
Today I'm posting what I think I understand is a "cigar box" layout of a Series 1882 $5 national from the National Bank of California at Los Angeles. I'm familiar with the circus poster layouts from around the same time period, but had only heard of this style recently. Can any member provide more information? Are there other versions of this layout?
Today I'm posting what I think I understand is a "cigar box" layout of a Series 1882 $5 national from the National Bank of California at Los Angeles. I'm familiar with the circus poster layouts from around the same time period, but had only heard of this style recently. Can any member provide more information? Are there other versions of this layout?
Intrigued by all things intaglio.
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The Walcutt articles are very interesting reads, have wonderful illustrations of great notes, and he was clearly VERY into nationals. Some of the differences between the groups are quite subtle - some might even say being close to arbitrary. And trying to mentally juggle 21 sets of anything can be quite a challenge even for an avid fan of such things. But, Walcutt's work was so interesting/compelling that I even joined PMCM specifically to get the journal and I know I wasn't the only one. Being so self limited geographically I find the categories of limited practical use to me, but do appreciate his contribution and was happy to get reacquainted with his efforts.
PB is back up so here's my Continental. This is the only variety of this type in the STL area that I'm aware.
Edited to add: the BB $5 collection of my friend Bob Cochran sold at heritage last year. A couple of hundred nice notes so it might be well worth your time to scan their archives to find other notes of this type.
As previously mentioned Doug Walcutt classified all the various bank title layouts on the $5 brown backs into groups.
The Walcutt version I have has two groups for the Cigar box label layout.
The two groups of Cigar box label notes are group 8 label 1 and group 9 label 2.
Your proof is group 8 cigar box label 1 according to Walcutt classification. Label 1 notes are distinguished from
Label 2 by the Will Pay above a down-bowed Five Dollars and a split to bearer/ on demand.
The group 9 cigar box label 2 has the Will Pay/ To Bearer On Demand on two horizontal lines above the Five Dollars and was used exclusively on titles that end with the words National Bank. An example of a group 9 label 2 note is Charter 4013 The Lenox National Bank (Massachusetts)
Doug Walcutt and Peter Huntoon wrote the forward to the Power collection of $5 brown backs that was auctioned in 2006. A really good reference for brown back title layouts.
+1 thanks for the excellent cite to the LFK auction which puts these into context in a very accessible way.
A minor point tho, Walcutt died at the FUN show in January 2001, and the excellent article in the Power Sale was a simplification by Huntoon which focused solely on the title blocks but based on Walcutt's earlier work (hence his most appropriate cite as co-author). Interestingly, the term "Cigar Box" doesn't appear in the 1999 articles, but does appear in the 2006.
At any rate, some of the 21 groups and sub-varieties had related to details such as the location of the plate letters. Huntoon's focus on the title blocks reduced the groups from 21 to 17 along with a renumbering of the Groups. Group 8 is essentially the earlier Group 10, and 9 is the earlier 11. Dating is more definitively indicated by the statement in the 2006 article that almost all plates between mid 1888 and early 1890 used one of these formats.
IMHO, Group 8 (or 10) visually seems more "circus postery" with the more curved "Five Dollars" balancing the "National Bank"at the top. As mentioned, for Group 9 (11) the bank title ends in "National Bank" (ie no city name follows). While clearly related to the earlier group, the flat "Five Dollars" of notes assigned to Group 9 gives more the appearance of a tombstone or arched doorway than a poster, but nicknames assigned by collectors are not a big deal either way.
Here are some additional charters assigned to these groups in the Power sale; I just quickly scanned the sale so am sure there are several others:
Group 8 (old 10) 4219 (OH), 4208 (TX), 2858(IL), 3949 (CO), 4007 (CO), 4038(IL), 3944 (KY), 4090 (KY)
Group 9 (old 11) 4024 (NE), 4250 (AL), 657(CT), 2171 (KY)
Group 5 in the write up in the Power Sale (where this specimen was illustrated) and referred to as Princess Leia. Used on charters 3596, 3601, 3606, 3617 and dated between December 1886 and January 1887..