Akin to the old filmstrip "How a Bill Became A Law" I would like
to take you all through the confirmation process that a bill goes
through to make mention for it in Pick, or The Standard Catalog of
World Paper Money which lists each nations currency by Pick number,
for early cataloguer Albert Pick.
First, begin by coming up with a note, or variety thereof not
already listed. This will undoubtedly be easier through early
detection and submission of series just issued. But in my case, when
I got an emailed offer from Hans in the Netherlands, speaking of a
1876 variety which has been listed as reported but not confirmed
since I began collecting Cuba how was I to refuse?
How does one then go on to verify a variety which for all
intensive purposes doesn't exist? Not being fully satisfied with my
own impressions I sought out the eye of several others who are well
versed in the early paper and it's characteristics. And this is a
paper five centravos, fractional as would be the term for the U.S.
and Canadan paper change of the period.
I met Joel Shaffer (whose father, Neil, currently does cataloging
for the Standard Catalog) at a small Lyn Knight show in St. Pete.,
Florida late or early 2002. And taking me for either an impassioned
collector or insane, asked if I had anything tucked away for the
catalog. And I mentioned the five-centavos that was a fairly recent
acquisition at the time. I met with both Shafers last year at the
Memphis show and showed the specimen to Neil, Including my P29a,b,
and d for comparison. Following this I emailed enlarged scans of
both the note solo and the four types pictured together for further
analysis of all responsible for the catalogs content. And last June
23rd, my birthday oddly enough, I received an email announcing that
my five-centavo specimen was the confirmation note!
So what distinguishes this type as different from any of the
three other varieties of P29? Well it all has to do with the blank
space seen in the upper left hand corner of the bill, just to the
left of the Spanish crown. P29a, 1 de Julio 1972, the first of the
series has the same unused space. Whereas P29b 15 de Mayo 1876 (to
which this note most closely relates) and P29d, 6 de Augosto 1883
both have different varieties of an American Bank Note Company
monogram in this space. All types are attributed to and sporting the
National Bank Note Company (also of Nueva York USA) moniker on the
reverse. ABNC took over NBNC in the late 1870's (one resource placed
this as 1879) which would account for the new monogram applied to
notes produced from pre-existing plates as both the companies
apparently collaborated prior to the takeover.
Anomalies exist in each of several series of Cuban fractionals,
but the 1876 note top the bill. The 10-centavos note mirror the five
issued, but for both with and without monogram having been
previously confirmed and neither showing as a greater rarity by
catalog pricing. And a 25-centavos exists for the date as well, but
remains listed as reported but not confirmed, perhaps there remains
two varieties of this awaiting confirmation.
Courtesy: Frank Paltrow, President
C.N.A. |