Auction: 9USA - Schingoethe Obsolete Currency Collection Part 15
Lot: 202
MI. Saranac. A Pair of G. A. Cotton Scrip. 1) 10¢. Oct. 27, 1862. (L-SAR-1-1 Lee Plate Note; Bowen 1). Green. Fine, with some age toning, trimmed close at sides. 2) 25¢. Oct. 27, 1862. (L-SAR-1-2 (Lee Plate Note); Bowen 2). Green. Blue on white. Typeset; both of similar design, with location and date at the center, flanked by denomination in bold font. An extraordinary pair of Michigan scrip, these two notes represent all the listed numbers in Bowen. Both are properly issued, signed by Gilbert A. Cotton, owner of a general store in Saranac in Ionia County. Cotton was likely also the postmaster of this location as both pieces bear a Post Office CDS (Circular Date Stamp) on the verso, with the same date as printed on the face of the notes. From the Dr. Lee Collection, these pieces virtually scream of their utter rarity. About Fine, trimmed close at sides, internal fold split. [2] Estimate US$ 300-600
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$350