St. Charles, Missouri (T.) - \"We\" Shade & Ash \"...at our Store\" 25 Cents August 27, 1819. PCGS Fine 15. The first of two denominations from an exceedingly rare territorial-dated private issuer. St. Charles County was one of the original five territorial counties, and prior to that one of the five Louisiana districts. William G. Shade and George W. Ash had a store as described in the obligation, and the 1820-1823 Circuit Court Records (scchs.org) list them as defendants in 11 cases from the first two years of that document, in one instance for \"clothing, cloth, brushes, glassware and cash\" and separately as plaintiffs in two cases against an insolvent debtor. Thus, it may be inferred that they ran a general store. They also were paid \"for carrying mail.\" The Missouri Gazette on September 6, 1820, lists William Shade as coming in ninth out of ten men from Charles County who were running for House of Representatives. The \"Current Bank Notes\" referred to in the obligation would have been Bank of St. Louis and Bank of Missouri notes heavily circulating (actually, over-issued versus their specie assets) at the time. It is also interesting that the \"August\" in the date was engraved on the plate, limiting the dating period for the issue. The notes are in small format on delicate brown paper. Without imprint, and presumably printed locally or in St. Louis. Obligations and text are bracketed by ornate cartouches. MISSOURI at upper left, the city at right, and the date below \"August 1819,\" are all engraved, with space provided for filling in the day of the month. TWENTY-FIVE CENTS is across over the obligation, \"In specie or Current Bank Notes, at our Store.\" End cartouches have ST. CHARLES at left and TWENTY-FIVE-CENTS. at right. The signature pair is clearly penned. Both Shade & Ash notes in this sale have been in the Newman Collection for decades. Eric cites only one other note known from the issuer, a 12-1/2 cent note, pedigreed to a \"Mrs. Vaughn\" per his handwritten \"List of Missouri Currency notes not in my collection.\" The current whereabouts of that cited note is unknown, making the offer of this and the following note important bidding opportunities. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28339, realized $1440. Image and description courtesy of Heritage Auctions, https://ha.com.
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