Archives International Auctions Sale 60 U.S., Chinese & Worldwide Banknotes, Scripophily, Coins, Historic Ephemera, Security Printing Ephemera, Stamps & Postal History July 7 & 8, 2020
Archives International Auctions - Sale 60 86 July 7-8,2020 Archives International Auctions www.archivesinternational.com 601 601 Republic of Panama, ca.1930-40’s Proof Seal w/Arms & Bond Coupon Used on Fiscal Documents Panama. ca.1930’s Republic of Panama Proof Seal w/Arms & Bond Coupon, the seal is printed in green with plate number 4726 in reverse at bottom and a proof bond coupon for $17.50 printed in black, both on india paper, HBNC. (2) ���������������������������������������������������������������������������������������������������� Est. $180-250 602 602 Panama. Republica De Panama. 1941 Balboa Portrait Proof Used on the Face of the 1 Balboa “Arias” Issue. Panama. 1941. Lot of 3 pieces, includes 1 Balboa, P-22 Proof portrait of Balboa used on the 1941 “Arias” Issue. “Serie De 1941” is printed beneath Balboa’s portrait which was used on left side of note. Black printing on india paper. Also includes in English a “Republic of Panama” title that is similar to the ones on the 20 Balboa note, but not in Spanish and an additional “Republic of Panama” title in a rectangle, possibly used on documents, stocks, or bonds. All are in Uncirculated to CU condition. All are Rare. HBNC. (3) ���������������������������������������� Est. $300-450 Panama 600 600 Panama Banking Company, 190x (ca.1908), Specimen Circulating “Certificate of Deposit” Unique Banknote Set. Panama, lot of 4 Specimen circulating “CD’s”, Includes $10; $20; $50 and $1000 denominations, all are printed in green with counterfoil at left, All with title in middle top all were taken from a New York Bank Note Company sample book and were the only examples found, all are 8 1/2 inches x 3.75 inches, All have counterfoil at left and the $10 and $100 having archival notations on the lower left corner of the note margin with the date “Apr (19)’08” and initials “J.R.”, Payable in U.S. dollars, all with POC’s in signature blocks, they are PMG graded, the $10, Gem Uncirculated 66 EPQ; $20, Choice About Uncirculated 58; $50, Choice Uncirculated 64; and $100, Choice Uncirculated 64. The Certificate was negotiable at any office of the company and would pay 1% interest every 3 months (4%) per year. Once endorsed, it could be cashed by anyone or used as currency. The Panama Banking company was founded in 1868 in Panama and New York by the firm “Merchants Bankers, Messrs. Isaac Brandon & Brothers”. It was one of the strongest financial institutions in the Republic of Panama. The officers were Isaac Brandon, President and founder, New York; Nathaniel Brandon, Vice President, New York; V. I. Brandon, Treasurer, New York; and P. G. Eastwick, General Manager, Panama. The building of the Panama Canal (1903 to 1914), overseen by President Theodore Roosevelt and achieving the realization of a long term U.S. goal of a trans- isthmian canal, only enhanced the business of the Panama Banking company. The Panama Banking Company had branches in the cities of Panama and Colon at both entrances of the Panama Canal (Balboa and Cristobal, Canal Zone) to do a general banking business and were fully equipped for the transaction of all financial business in the Republic of Panama and the Canal Zone. It also had special facilities for the payment of tolls and disbursements for vessels using the Panama Canal. �������������������������� Est. $20000-30000
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