Archives International Auctions Auction 100 March 26, 2025

Archives International Auctions - Sale 100 127 March 26, 2025 Archives International Auctions www.archivesinternational.com Ohio 540 540 OH. Depositors Savings & Trust Co., 1907 $1000, Specimen Panic Currency or Clearing House Related Certificate. Cleveland, Ohio, 1907, $1000, Specimen Bank Money Order paying 4% interest annually, Male portrait at left, Archival hand stamp, Black on olive green, POC’s, Specimen overprint. VF with nibbled top right corner, ABNC. Possibly used interbank as a Clearing House Certificate with legend on bottom “This Money Order Combines the Functions of Savings Bank Book with Negotiable Paper - Good anywhere, Anytime, transferable as a Certified Check”. The first year of issue was in 1907. It was possibly issued as a form of long term financing, since obtaining money or loans may have been difficult due to the financial panic. Rare 1907 Panic Currency related item. ������������������������������������������������������� Est. $600-900 Pennsylvania 541 541 PA. American Steel and Wire Co., Nov. 9, 1907, Panic Currency Set of 3. Pittsburgh, Pennsylvania. Lot of 3 panic currency notes date November 9, 1907, Includes $5; $10; and, $20 notes, All are payable to bearer and payable at the First National Bank through the Pittsburgh Clearing House. No serial numbers are present on any of the notes, All have black lettering and borders with light gray, green or yellow underprints, all of the underprints have a subtle repetitive swastika that does not stand out unless you look for it. The backs have the same colors and underprint but also have 4 different languages on the back stating the same thing “This check may be deposited, but will not be paid in cash by the bank”. All are issued and pin punch cancelled. All are in Choice VF to AU condition. (3) �������������������������������������������������������������������������� Est. $400-600 542 542 PA. Pittsburgh Clearing House, American Steel & Wire Co., 1907 Panic Currency Scrip Note Quintet. Pittsburgh, Pennsylvania, 1907. Lot of 5, I/C Panic Currency Scrip Notes from the American Steel & Wire Company, Payable only through the Pittsburgh Clearing House through the First National Bank, Pittsburgh, PA., Includes $1 in light blue; $2 in yellow; $5 in blue; $10 in light green; and $20 in brown. All have a red “8” overprint at top left, Paid POCs at bottom right, and have handstamps on back. XF-Unc condition. Republic Bank Note Co. American Steel & Wire Company was formed partially through a merger of the American Steel Company and the National Wire Company. American Steel & Wire Company was eventually absorbed into U.S. Steel Corporation. These Scrip Notes were issued due to the Panic of 1907, a financial crisis caused by a significant drop in the New York Stock Exchange and a subsequent run on banks. (5) ���������������������������������������������������������������������������� Est. $750-1,250 Utah 543 543 UT. Gold Mountain Consolidated Mining Co. 1907 Panic Currency Trio Richfield, Utah, 1907 (Redeemable on May 10, 1908). Lot of 3 I/U 1907 Panic Currency Scrip Notes, Includes $2; $5; and $10, Black print with large red denomination underprint, S/Ns at top right near dates. Payable at the Richfield Commercial & Savings Bank in Richfield, Utah. All are in VF to AU condition with blank backs. These notes were issued as a result of the Panic of 1907, a financial crisis caused by a significant drop in the New York Stock Exchange and a subsequent run on banks. Scrip notes were issued in lieu of paper money. Rare trio. (3) ���������������������������������������������������������������������� Est. $180-280 Virginia 544 544 VA. The Associated Banks of Lynchburg, Virginia, 1907, $1, Clearing House Certificate Lynchburg, Virginia. 12th Day of November 1907, $1, Associated Banks of Lynchburg, I/U Clearing House Certificate, black printing on off white paper, back light orange, S/N 5107, “This certifies that The First National Bank, Lynchburg National Bank, Peoples National Bank, National Exchange Bank, American National Bank, and the Lynchburg Trust & Savings Bank, comprising the Lynchburg Clearing House Association....”, PCGS graded Very Fine 20, rare Virginia depression scrip. Rare Virginia Panic1907 panic currency. ������������������������������������� Est. $450-750 Washington 545 545 WA. Associated Banks of Snohomish County, Washington, 1907 Clearing House Certificate Washington, November 11, 1907. $1 Issued Clearing House Certificate, Black print with black border, Green print on back featuring a full list of associated banks. VG condition with three vertical tape lines with significant toning, and rough edges. Clearing House Certificates, such as this, were issued in lieu of paper money during the Panic of 1907. ��������������������������������������������������������������������������� Est. $230-375