Archives International Auctions Auction 83 February 28, 2023

Archives International Auctions - Sale 83 70 February 28, 2023 Archives International Auctions www.archivesinternational.com Washington Territory 357 357 Puget Sound Co-operative Colony, ND (ca.1887) Washington Territorial Scrip Note Port Angeles, Washington Territory, ND (ca. 1887), $1, P-Unlisted, Blue with gold underprint of the denomination “ONE DOLLAR”, a large patriotic eagle to the left of the denomination, unissued with denominations in circles on the top left and right corners, measures 6.5 by 2.6 inches with excess margin at right, Title in ornate letters on top, back is blank, PMG graded Choice Uncirculated 64, The Puget Sound Co-operative Colony was a Utopian collective established at Portland in May 1887 and moved to the mouth of Ennis Creek, Port Angeles, Washington Territory in June of that year. Rare Western Territorial banknote. “West Shore Litho & Eng. Co. Portland, OR.” ������������������������������������������������������������������������������������������������������� Est. $500-1000 Washington, D.C. 358 358 District of Columbia, Washington, July 1st, 1873, $50,8% Circulating Bearer Bond, Issued during the 1873 Financial Panic. Washington, D.C., July 1, 1873. $50, I/C Obsolete Circulating Bearer Bond, Black printing with seated allegorical women on the lower left and right corners, red S/N 2736 at top middle under curved title, $2 coupon pair are uncut and attached on right border, blue cancel overprint, back orange-yellow with vertical overprint “Sewerage Certificate, Approved June 26, 1873 as follows.....construction of sewers and drains therin....”, Signed by Horace J. Frost, for Commissioners of Sinking Fund. AU to Uncirculated condition. The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877. The Panic of 1873 and the subsequent depression had several underlying causes for which economic historians debate the relative importance. American inflation, rampant speculative investments (overwhelmingly in railroads), the demonetization of silver in Germany and the United States in 1873 and other major social issues due to wars and migration as well as the major cost due to the 1871 Great Chicago Fire and 1872, Great Boston Fire. Other factors that effected the 1873 Financial Crisis included Jay Cooke & Company’s bankruptcy in September 1873. Due to the scarcity of cash and funding due to the financial panic, circulating bonds and scrip of this type were issued to facilitate business and commerce, since the recipients would know that the bond was guaranteed at a high interest rate and would be paid at a later date, with interest only being paid every 6 months to the holder. Printed by Columbian Bank Note Company. Rare and attractive circulating bond similar to Bono de Caja’s issued by Mexican banks in the 1890s to 1910. �������������������������� Est. $350-550 U.S. Obsolete Store & Business Scrip Florida, Minnesota, Oregon and Other Locations 359 359 Company Store and Coupon Book Assortment, ca.1910-30s Florida, Minnesota, Oregon and Other Locations, ca.1910-30s, Lot of 7 Coupon Books from various places, Includes: FL. Gainesville Ice and Cold Storage CO., Fosston Co-Op Dairy; Arnettsville Store Co. (2); Bly, Oregon, Sycan Store; W.A. Graham Co., and Kent Theatres, Inc. (7). All books are between VF-XF condition. All appear unused with multiple coupons inside. (6). Sold “AS IS” no returns accepted. ������������������������������� Est. $75-150 Illinois, Ohio, and New York 360 360 Coupon Book Assortment, ca.1910-30s Illinois, Ohio, and New York, ca.1910-30s. Assortment of Coupon Books from various places, Includes: Allegheny County Jail Canteen Service (2), Service Delivery Co., American Credit Coupon Check Book, and Friedman & Co. (2). All books are between VF-XF condition. (6). Sold “AS IS” no returns accepted. �������������������������������������������������������������������������������������������������� Est. $50-100