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V4 2001 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 4, Number 40, September 30, 2001, Article 9 ORMSBY AD REPRINTED One of the great rarities of American numismatic literature is Waterman Lilly Ormsby's elaborately illustrated 1851 book on bank note engraving. (See v3n49, November 26, 2000). An article by Dave Norris in the May 2001 issue of Bank Note Reporter reproduces an advertisement for the book which appeared in the November 1852 issue of Banker's Magazine: "Protection Against COUNTERFEIT BANK NOTES A complete guide to banks in constructing their notes to prevent forgery will be found in the large quarto volume, elegantly bound, and illustrated with steel engravings; entitled "A DESCRIPTION OF THE PRESENT SYSTEM OF BANK NOTE ENGRAVING, SHOWING ITS TENDENCY TO FACILITATE COUNTERFEITING; TO WHICH IS ADDED A NEW METHOD OF CONSTRUCTING BANK NOTES TO PREVENT FORGERY." This work is of the greatest importance to Banking Institutions though out the country. It contains the only information which has been published on the subject; and reveals many startling facts in regard to the easy manner in which our present bank notes are counterfeited and altered. It also suggests an official remedy. Price, $12.00 per copy. A remittance by mail or by express, will ensure its delivery free of expense. W.L. Ormsby, Bank Note Engraver, 12 Vesey Street, Next door to the Astor House, New York Oct 1852."

Wayne Homren, Editor

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