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MARYLAND. Columbia Turnpike Company. 'One Cent and an Half'

From Stack's May 2005 Atlanta Auction on May 26, 2005

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Categories  •  Stack's May 2005 Atlanta United States Obsolete Currency Obsolete Currency by Denominations Denominations Less Than One Dollar
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MARYLAND. Columbia Turnpike Company. 'One Cent and an Half'. Ellicott's L. Mills. April 15 [written],...MARYLAND. Columbia Turnpike Company. 'One Cent and an Half'. Ellicott's L. Mills. April 15 [written], '18'16. Typeset bill, Gothic title at left center. Right end with panel with denomination at far end and imprint of 'Printed by J. Robinson, 96 Market-street, Baltim[incomlete]'. Space for the signature of the 'President' at the lower right. Unlisted Denomination in the Maryland Reference. As a denomination type assigned the highest rating by Durand, Rarity Rating ''U'' or ''Uncollectible''. The listing on page 30 of Durand is for a ''Savings Scrip'' from the 20th Century.

Unlike Durnad's plated listing, this is an obsolete scrip note from the proper time period (1782-1866) that would make for a more definitive collection of odd denominations. We have never seen this note or another like it on any state. The issuer is listed in the Maryland book by Kelly/Shank/Gordon and issued at least three denominations, all Rarity 7, including a ''100 Cents Note''. We can conjecture that the company issued other small notes to correspond to different tolls due and make change on other larger bills. The left end and bottom are trimmed in (?), otherwise Fine for a note of this genre. All that is meaningless as this is a treasure of a scrip note with excessive rarity and on a well collected state.

Lot # 4128 
Hammer Price: $2,800.00

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