Obsolete Paper Money: A Guide with Prices, by Don Kelly is now
available. The 624-page book is a long-awaited replacement for the
legendary Haxby four-volume United States Obsolete Banknotes,
1782–1866, that was published in 1988 and is long out of print.
The new book made its debut at the International Paper Money Show in
Kansas City on June 8, where it was greeted with a widely positive
reception and sold briskly.
Kelly’s 8½-inch by 11-inch book makes use of a three-column format
to lavishly illustrate in color nearly every note listed. It is
arranged in alphabetical order by state and contains state issues
followed by those of banks, merchants, and municipalities. Each
section begins with a listing of issuing entities arranged by city.
It also has a section on the 72 regular issues of the Confederate
States of America, in which retail valuations are given for both “raw”
and “slabbed” notes, and a section on the notes of the Kingdom and
Republic of Hawaii.
Most prices listed are for notes in Very Good and Very Fine
conditions. Where appropriate for the issue, a third grade is added.
Inside Coin World: Mint’s heritage assets are
slowly coming to light Some of the U.S. Mint’s
greatest treasures, its “heritage assets,” are slowly coming out of
the vaults and into the open for collectors to marvel over.
Issues that exist as note proofs are so priced. Remainders, or
notes that were not issued, are priced in Very Fine and New. The book
concludes with a bibliography.
In his preface, Kelly describes his book’s scope as “broad,”
acknowledging the practical impossibility of covering such a wide
field completely. Instead, his focus is on notes that he considers
“readily available, relatively inexpensive, and often inspiring.” He
also includes a sample of the rarest notes.
As far as the notes most frequently encountered in the marketplace
are concerned, the book is essentially complete, and a sorely needed
addition to the body of work on the subject.
Obsolete Paper Money is offered with a choice of two bindings —
paperback for $80 and spiral-bound for $90. Both are available from
the publisher, PMI, at P.O. Box 85, Oxford, Ohio 45056. Telephone the
firm at 513-255-6620. Ordering information is also found here.
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