Lot 1578
Wailuku Female Seminary Scrip, Wailuku, HI. Hapaumi ($1/16) 1844. PCGS Choice About New 55PPQ. An extremely rare pair piece of 1844 Wailuku Female Seminary Scrip, graded Choice About New 55PPQ by PCGS Currency, with a single light storage fold down the center vertically. This note was issued by the Seminary, located in what is now the County Seat of Maui County, as temporary reimbursement for work provided until accumulated and later redeemed for "silver or goods," according to an 1897 letter written by Edward Bailey, who was principal of the Seminary from 1840 until 1849 when funding ran out. Bailey had come to the Islands in 1837 as a young missionary and later exhibited remarkable ability as a businessman in the sugar industry, as a government surveyor, as a botanist, and even as an artist. This landscape of the Bailey house was painted in 1885. This piece of scrip is printed in vermilion ink on thin cardboard. Only seven of these were reportedly given to the Hawaii State Archives. A rare piece of Hawaii history, and a the first piece offered for public sale at auction from this issue in nearly a decade.
Estimated Value $3,000 - 5,000.
From the 9/09 Hawaii Collection.
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| Realized $8,625 |
