$5 RICHMOND, VA PANIC OF 1893 NOTE

This past weekend, the Virginia Numismatic Association held its annual convention and show in Fredericksburg and I went there to meet with several paper money and token collectors to collect images for some writing projects I have in the works.

While there, I walked the floor a bit and made a find that relates to The E-Sylum in a way. A couple years back, I sent an image of a Panic of 1907 Lynchburg note that I brought to a Nummis Nova meeting and made the comment that my next goal was to find a Panic of 1893 note from Virginia. Sure enough, Wayne put me in touch with a kind reader who happened to have an example of 1893 $10 Richmond scrip issue available and was able to purchase it.

After the Shafer-Sheehan-Reed book on Panic scrip came out, I became aware that there was a $5 denomination of that scrip, which the Richmond government referred to as "city bonds" since they were interest bearing. It was rated an R5, and I did not expect to see one anytime soon, let alone get one. Well, at the VNA Convention, I found just such a note and was able to snag it at a very good price. It's not the prettiest example, but considering its rarity, it doesn't matter one whit (to me, at least).

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