Lot 1576
Lahainaluna Seminary, Lahainaluna, HI. Complete Scrip Uncut Sheet ca. 1843. A unique uncut sheet of Laihanaluna Seminary scrip, the only uncut sheet known to our consignor, our cataloger, or to anyone else we know of. From the unaltered plate. This amazing rarity includes each of the six denominations, and is well preserved despite some storage folds. Graded Extremly Fine 40 by PCGS Currency, with the technical grade all but irrelevant as the rarity of this piece speaks for itself. Any estimation of value here is but a wild guess, as with any unique item, but we expect our presale estimate to be fully reached if not far exceeded.
Note: This uncut sheet is from the printing plate before secret marks were added. It was discovered at the school that one or more of the students had printed some of the scrip without authorization. When the head of the school learned this, he ordered that the first issue of scrip be withdrawn. Minute alterations were then made to the engravings on each denomination in the copper plate from which they were printed. Scrip was then reissued. All known Lahainaluna scrip is from the altered plate, except for this unique uncut sheet. Any collection of Lahainaluna scrip must have this unique piece to be complete! [A detailed account of the incident is in The Hawaiian Journal of History, volume 2, 1968, starting on page 95 "The Lahainaluna Money Forgeries."].
Estimated Value $30,000 - 40,000.
Ex A.J. Ostheimer; Edwards H. Metcalf privately in the late 1960's; Superior Auction Feb. 1976, lot 1203; Ronald Russell; Present Owner.
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| Realized $41,400 |
