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Pillar Of The Community

United States
856 Posts |
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Pillar Of The Community
United States
6433 Posts |
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Ewww.... uncanceled.... ewwwww.....  Seriously though, I love the vignettes on items like these and the color contrast between the vignettes and the revenue imprint. |
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Pillar Of The Community
United States
770 Posts |
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Bedrock Of The Community
United States
10632 Posts |
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The Manhattan Silver Mine scrip exists on 7 denominations, $1 black, $3 brown, $5 green, $20 brown, $50 red, and $100 orange in addition to the $10 shown above. They were taxed as drafts. |
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Pillar Of The Community
United States
1179 Posts |
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Pillar Of The Community

United States
856 Posts |
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Quote: The Manhattan Silver Mine scrip exists on 7 denominations, $1 black, $3 brown, $5 green, $20 brown, $50 red, and $100 orange in addition to the $10 shown above. I did not know that! It would be great to have the set. |
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Pillar Of The Community
United States
6433 Posts |
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The URL above has all of the notes for sale. Not cheap, but the color contrast across the set is gorgeous. |
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Pillar Of The Community

United States
856 Posts |
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Oh geez. There they are. And I haven't paid off my Christmas bills yet! |
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Pillar Of The Community
United States
867 Posts |
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Although equal quantities of these drafts were printed (and never used!) the finder has dribbled out a lot of the $5, $10, and $20 denominations, the remaining four denominations , $1, $3, $50, and $100 are relatively scarce. If I recall correctly, I have all but the $3. My $50 and $100 have the stubs at left. These stubs were trimmed from most denominations. The idea behind them was to pay the miners with these drafts so the owners did not have to travel to San Francisco to get cold hard cash. The miners wanted only cold hard cash, thus ending any attempt to use these drafts.
One can also find contemporary used checks from the Manhattan Silver Mining Company as well, a delightful adjunct to the drafts.
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Pillar Of The Community
United States
1817 Posts |
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This seems like the appropriate thread to pose a question. I collect obsolete stocks and bonds, though not revenue stamped paper, specifically. I noticed a stock from the Chicago and South Western Railway Co also had a nice U1 revenue imprint -- but then I also noticed something else. Printed in small letters on the right side is "Revenue stamp presented for redemption." What's the story here? Since this is an unissued stock, was the company able to get a refund on pre-payment of tax? Do the punch holes represent a form of cancellation?   |
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| Edited by GregAlex - 03/13/2017 4:59 pm |
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Bedrock Of The Community
United States
10632 Posts |
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Whenever the taxes ended, the government would redeem any unused stamps. |
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Pillar Of The Community
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We have never seen used imprinted stock shares from the Chicago & South Western. These remainders were sent to the government after October 1, 1872 to redeem the unused imprinted tax stamps. At some point after that the remainders were punched so that they could not be used. There are three versions: this one that could be issued for any number of odd shares, a 50 share, and a 100 share certificate. The fact that it is imprinted with the type you 25¢ stamp tells us that these were imprinted fairly late in the taxable period, late 1871 or 1872. They are among the most common of the imprinted stock certificates. |
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Ron Lesher |
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Which entity would have rubber stamped the redemption text, the company or the government? |
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Pillar Of The Community
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867 Posts |
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In order to get their money back, they had to submit the certificates to Internal Revenue. |
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Ron Lesher |
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Replies: 13 / Views: 2,460 |
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