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The E-Sylum: Volume 23, Number 32, August 9, 2020, Article 12

WAYNE'S NUMISMATIC DIARY: AUGUST 9, 2020

Two weeks ago I discussed a few items I've consigned to the upcoming Stacks Bowers August sales. Here are a couple group lots of interesting paper money we've discussed before.

Lot 31190: National Equitable Labour Exchange Notes
National Equitable Labour Exchange Notes

GREAT BRITAIN. National Equitable Labour Exchange. 1, 10 & 80 Hours, 1833. P-Unlisted. Very Fine.

A trio of Very Fine Labour Exchange notes, one is for one hour, another for ten and the last for eighty hours. Found with toning and edge wear.

Labor notes were a unique monetary experiment in early nineteenth-century England. They bore a face value equivalent to a certain number of hours of work. The notes were the brainchild of Robert Owen, a successful textile manufacturer who rose to fame as a utopian socialist reformer.

Please do bid if you have any interest in this material. The sale closes tomorrow, August 10, 2020. Don't let these go cheap and wish you'd placed a bid. -Editor

From the January 2017 article by Grant Shobar in The Numismatist:

"Although the notes were issued in many different denominations and used successfully for almost three years, they are only occasionally seen at auction today. It is unknown whether this is because the bills reside in personal collections, were redeemed, or were lost or destroyed. Whatever the case, notes are quite rare and finding one is extremely difficult, regardless of condition."

These notes are indeed hard to find and these three different denominations comprise my complete collection. They were a forerunner of the of the Labor Exchange notes produced in the U.S. by Italian immigrant G. B. De Bernardi. -Editor

To read the complete lot description, see:
GREAT BRITAIN. National Equitable Labour Exchange. 1, 10 & 80 Hours, 1833. P-Unlisted. Very Fine. (https://auctions.stacksbowers.com/lots/view/3-NKPGN/great-britain-national-equitable-labour-exchange-1-10-80-hours-1833-p-unlisted-very-fine)

To read earlier E-Sylum articles, see:
ROBERT OWEN'S LABOR EXCHANGE CURRENCY (https://www.coinbooks.org/v20/esylum_v20n01a31.html)
LABOR EXCHANGE NOTES (https://www.coinbooks.org/esylum_v09n49a20.html)

Lot 31193: Operation Bernhard Counterfeits
Operation Bernhard Counterfeit notes

GREAT BRITAIN. Bank of England. 5 to 50 Pounds, 1942-44. P-336B. Operation Bernhard Counterfeits. Very Fine.

5 pieces in lot. A grouping of forgeries committed by Nazi Germany under Operation Bernhard. Included are two 5's, two 10's and a 50 Pound note.

Operation Bernhard was the name of a secret German plan during World War II to forge Bank of England notes using a team of counterfeiters chosen for their skills from among inmates at concentration camps. The story was made into a feature film, The Counterfeiters. This is my collection of five different examples of these fascinating relics; all but the 1935 note were acquired in 2007 in London from Colin Narbeth & Son. The sale closes tomorrow, August 10, 2020. -Editor

Operation Bernhard 10 Pound Counterfeit notes

To read the complete lot description, see:
GREAT BRITAIN. Bank of England. 5 to 50 Pounds, 1942-44. P-336B. Operation Bernhard Counterfeits. Very Fine. (https://auctions.stacksbowers.com/lots/view/3-NKPGU/great-britain-bank-of-england-5-to-50-pounds-1942-44-p-336b-operation-bernhard-counterfeits-very-fine)

To read earlier E-Sylum articles, see:
OPERATION BERNHARD COUNTERFEITER ADOLF BURGER INTERVIEWED (https://www.coinbooks.org/esylum_v12n10a24.html)
ARTICLE HIGHLIGHTS NAZI OPERATION BERNHARD COUNTERFEIT BANKNOTE (https://www.coinbooks.org/esylum_v13n40a21.html)
KEY INFORMATION SOURCES ON OPERATION BERNHARD (https://www.coinbooks.org/esylum_v10n05a23.html)
FEATURED WEB SITE: OPERATION BERNHARD (https://www.coinbooks.org/esylum_v19n50a37.html)

To read my earlier Numismatic Diary articles, see:
WAYNE'S NUMISMATIC DIARY: JULY 26, 2020 (https://www.coinbooks.org/v23/esylum_v23n30a22.html)
WAYNE'S NUMISMATIC DIARY: AUGUST 2, 2020 (https://www.coinbooks.org/v23/esylum_v23n31a24.html)

Rarepicks E-Sylum ad01 Hidden gems


Wayne Homren, Editor

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To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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