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Checks Mix... It's Tasty!

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Pillar Of The Community
United States
1055 Posts
Posted 04/20/2018   03:18 am  Show Profile Bookmark this reply Add GregAlex to your friends list  Get a Link to this Reply
I don't collect much revenue stamped paper, at least not for the revenues specifically. But here's one example that breaks my rule. The check is plain Jane, but I thought the revenue was very attractive, so I picked it up.

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Pillar Of The Community
United States
2250 Posts
Posted 06/22/2018   4:13 pm  Show Profile Bookmark this reply Add txstamp to your friends list  Get a Link to this Reply
Just saw this thread.
Thanks for posting those checks. That was an enormously fun group to browse through.
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Pillar Of The Community
United States
1055 Posts
Posted 06/25/2018   3:16 pm  Show Profile Bookmark this reply Add GregAlex to your friends list  Get a Link to this Reply
As it happens, I picked up a couple others over the weekend, both printed by banknote companies. I especially like the vignette of the the smelting and casting scene.







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United States
5007 Posts
Posted 06/25/2018   3:21 pm  Show Profile Check revenuecollector's eBay Listings Bookmark this reply Add revenuecollector to your friends list  Get a Link to this Reply
That's one of the reasons I've enjoyed dabbling in RNs: the wide variety of attractive vignettes and peripheral images. It's also a reason I could lose myself in collecting stock certificates.. but the small-sized documents are much more manageable from a storage/display perspective, not to mention usually much cheaper.
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Valued Member
Netherlands
53 Posts
Posted 06/26/2018   11:57 am  Show Profile Bookmark this reply Add Julius to your friends list  Get a Link to this Reply
Hey, I looked trough al the pictures and 1 stands out.
Some Revenues are perforated (with paid and such),but number 55 only has an indent. Is this supposed to be ? If yes, what was it for. It intruiges me.

Very beautiful collection,
Jules
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United States
5007 Posts
Posted 06/26/2018   12:01 pm  Show Profile Check revenuecollector's eBay Listings Bookmark this reply Add revenuecollector to your friends list  Get a Link to this Reply
It's a "waffle" style roller or impression cancel. Unusual but not uncommon. Usually perceived as a negative attribute, like cut or punch cancels.
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Valued Member
United States
465 Posts
Posted 07/21/2018   08:08 am  Show Profile Bookmark this reply Add m and m to your friends list  Get a Link to this Reply
dan
on no.50 there are two two cent stamps. I know it was a promissory note butt why double stamped?
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Posted 07/21/2018   09:48 am  Show Profile Check revenuecollector's eBay Listings Bookmark this reply Add revenuecollector to your friends list  Get a Link to this Reply
Not sure what's going on. This is a sight draft, and the stamp at left corresponds to the date it was originally created. The second stamp at right is 2 days later when it was presented for payment. I didn't think that drafts were taxed at both ends of the transactional chain.

Perhaps some of our 1898 experts can chime in.
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Valued Member
United States
465 Posts
Posted 07/21/2018   12:47 pm  Show Profile Bookmark this reply Add m and m to your friends list  Get a Link to this Reply
i also thought that they were not taxed at both ends. I am also pretty sure it had nothing to do with the amount or length of time.
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Pillar Of The Community
United States
7129 Posts
Posted 07/22/2018   4:36 pm  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
It was a double payment. The first was to pay at sight $7 to the order of the cashier of the New Britain National Bank, and the second payment was to charge it to the account of F.G. Burnett and Son. Each would have been taxed as a separate transaction.
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Posted 07/22/2018   4:54 pm  Show Profile Check revenuecollector's eBay Listings Bookmark this reply Add revenuecollector to your friends list  Get a Link to this Reply
Then why don't we see the double tax on all drafts? Aren't they all, by definition, double transactions?
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Pillar Of The Community
United States
7129 Posts
Posted 07/22/2018   5:46 pm  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
No. Normally the money goes from person #1 to person #2 and that's it. Here the money went from person #1 to person #2, and then person #2 was specifically told to charge that to person (entity) #3. That makes it two different transactions. If they had not specifically written "pay to the cashier", then it might have been considered one transaction.
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Valued Member
United States
465 Posts
Posted 07/23/2018   08:03 am  Show Profile Bookmark this reply Add m and m to your friends list  Get a Link to this Reply
thanks for the explanation. I have seen a few of these over the years and always wondered about them.
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Pillar Of The Community
United States
7129 Posts
Posted 07/23/2018   08:46 am  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
Normally the bank is only acting as a facilitator, not a participant in a transaction. In this case it was a participant.
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Pillar Of The Community
United States
1055 Posts
Posted 10/06/2018   01:20 am  Show Profile Bookmark this reply Add GregAlex to your friends list  Get a Link to this Reply
Here's a nice Treasury check I picked up recently. The figure of Columbia, by National Bank Note, shows up on a variety of bank checks, including one I posted earlier.



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