Collection PL

Russia 1920 - Armed Forces of South Russia 100,000 Rubles Treasury Bill (November Issue, Pick S431c)

Six-percent short-term Treasury bill for 100,000 rubles issued by the Government Treasury of the Armed Forces of South Russia during the final phase of the Russian Civil War. This is the November 15, 1920 payable issue (Pick S431c), printed after General Pyotr Wrangel transferred the White administration to Crimea. The note follows the classical Imperial layout: bilingual Russian–French legends, the double-headed eagle in an ornate oval cartouche at left, and a formal typographic bond structure intended to signal continuity with pre-1917 state finance. ... Read more →

Argentina 1869 - Banco Domingo Garbino, 5 Pesos Fuertes Issued Note with Red Overprint (Pick S1803)

Issued 5 Pesos Fuertes note of Banco Domingo Garbino, printed by the American Bank Note Company (Compañía Americana de Billetes de Banco Nueva York) and formally activated for circulation through the large diagonal red overprint “DOMINGO GARBINO.” This overprint was not decorative nor optional: it was the legal validation required to transform the bank’s remainder stock (Pick S1792r) into fully issued, signed, numbered, and payable currency. For this reason, Pick S1803 represents the only surviving issued form of the Garbino 5 Pesos Fuertes denomination. The base printing displays ABNC’s early post-Civil-War engraving style: a vigilant dog guarding a strongbox at top center, allegorical female portraits representing rural labor and domestic virtue, and deep green lathe-work executed with the precision that made ABNC the dominant security printer in the Americas. ... Read more →

United States 1854 - Empire City Bank 100 Dollars Proof (Pick NY1585G16P)

This note represents a proof of the one hundred dollars denomination prepared for the Empire City Bank of New York during the final year of the institution’s operation. It was produced as part of the internal design approval and engraving review process and was never intended for public circulation. As such, it belongs to the documentary layer of American private banknote production rather than to issued or remainder currency. ... Read more →

United States 1875 - Fourth Issue Fractional Currency, 25 Cents, Watermarked Paper, 40mm Seal (Friedberg 1301, Allison-Spinner)

The Fourth Issue 25 Cents Fractional Currency note, cataloged as Friedberg 1301, represents the mature phase of the Civil War–era fractional paper money system. Fractional currency was introduced during the coin shortages of the early 1860s when hoarding of silver created a critical absence of small change in circulation. By the Fourth Issue, the United States Treasury had refined both design and anti-counterfeiting measures to a high degree of technical sophistication. ... Read more →

Confederate States of America 1864 - CSA No Denomination Archival Watermarked Paper

Blank watermarked paper stock prepared for Confederate Treasury note production during the Civil War period, certified by PCGS as CSA Watermarked Paper. This archival sheet represents original Confederate paper bearing the large embedded 'CSA' watermark, visible under transmitted light. The watermark was introduced as a security measure in the Confederacy’s later issues, particularly during 1864 production, as counterfeiting became increasingly widespread under wartime conditions. ... Read more →

Paraguay 1907 - Banco de la República 5 Pesos with 1912 Dual-Side State and Treasury Revalidation Overprint (Pick Unlisted, Base Pick 156)

Uncirculated 1907 Banco de la República 5 Pesos note, printed by Waterlow & Sons, London, and later transformed by the 1912 Paraguayan emergency revalidation process. The note is based on the original 1907 Banco de la República 5 Pesos issue, cataloged as Pick 156, but this dual-side state and Treasury validation format appears to stand outside the standard catalog listing and is therefore best treated as Pick Unlisted, base Pick 156. The face carries the large oval state overprint “Emisión del Estado – Ley de 11 de Enero de 1912,” while the reverse bears the additional Treasury validation “Departamento de Hacienda – Junta Fiscalizadora – Cincuenta Centavos Oro Sellado – Conforme Decreto de 20 de Mayo 1912.” This dual-side structure places the note among the most historically informative forms of Paraguay’s 1912 provisional paper money. ... Read more →

Paraguay 1907 - Banco de la República 5 Pesos with 1912 State Overprint (Pick 127, Base Pick 156)

Choice Uncirculated 1907 Banco de la República 5 Pesos note, printed by Waterlow & Sons, London, and later revalidated as part of Paraguay’s 1912 emergency state emission. The note is cataloged as Pick 127, created by applying the large oval face overprint “Emisión del Estado – Ley de 11 de Enero de 1912” to the original 1907 Banco de la República 5 Pesos base type, Pick 156. This is the standard cataloged 5 Pesos state-overprint issue and the direct counterpart to the larger 100 Pesos Pick 134 overprint on base Pick 159. ... Read more →