American Bank Note Co Proof on India on Card 1800s

Sold See similar items $29.34 8 Bids, $2.72 Shipping, 30-Day Returns, eBay Money Back Guarantee
Seller: Top-Rated Seller mortonhlemon ✉️ (4,141) 100%, Location: Morganton, North Carolina, US, Ships to: WORLDWIDE, Item: 202600600661 American Bank Note Co Proof on India on Card 1800s.

American Banknote Company Ottawa Canada

From 1897 until 1923, CBN was a unit of the New York-based  American Bank Note Company . It was later a privately held company when it was acquired by Ottawa businessman Charles Worthen; beginning in 1976 Douglas Arends slowly acquired control of the company.  It has since been based in  Ottawa ,  Ontario . In October 2006,  RR Donnelley  completed acquisition of Canadian Bank Note's financial printing business, consisting of documentation for initial public offerings.

ABCorp  is an American corporation providing secure payment, retail and ID cards, vital record and transaction documents, systems and services to governments and financial institutions - and is one of the largest producers of plastic transaction cards in the world. ABCorp has offices and manufacturing facilities in the United States, Canada, Australia, New Zealand, China, Germany, Dubai and South Africa. Formerly known as the American Bank Note Company, the organization was originally a major worldwide engraver of national  currency  and  postage stamps .

Robert Scot , the first official engraver of the young U.S. Mint , began the company that would eventually grow into the nation’s premier high security engraving  and printing firm, the American Bank Note Company.

Founded in 1795 as Murray, Draper, Fairman & Company (after Scot's three partners), the company prospered as the young United States population expanded and financial institutions blossomed. Its products included superior quality stock  and bond  certificates, paper currency for the nation’s thousands of state-chartered banks, postage stamps (from 1879 to 1894), and a wide variety of other engraved and printed items.

On April 29, 1858, following the Panic of 1857 , seven of the nation’s most prominent security printers merged to form the American Bank Note Company. The new company made New York City  its headquarters. Less than two years later, the remaining handful of independent bank note printers merged to form the National Bank Note Company that we know of today.

To be close to the stock exchanges, brokerage firms, and banks in lower Manhattan, the American Bank Note Company established its New York City headquarters in the Merchants Exchange Building at 55 Wall Street . The company moved its office and plant to 142 Broadway (at the corner of Liberty Street) in 1867, to another new facility at 78–86 Trinity Place in 1882, and again to 70 Broad Street  in 1908.

The first paper currency was circulated by the US Treasury Department  following the outbreak of the Civil War . Congress passed authorizing legislation for $60 million worth of these “Demand Notes” on July 17 and August 5, 1861. Under contract with the government, the novel paper money, called “greenbacks” by the public, was produced by the American Bank Note Co. and the National Bank Note Co. A total of 7.25 million notes were produced in denominations of $5, $10, and $20. In an interesting historical sidelight, American and National were also producing paper money for the Confederacy  at the same time.

100 pesos Banco Italiano del Uruguay (1887) American Bank Note Company, Share certificate (1944)

Following the initial production of U.S. currency by the government’s Bureau of Engraving and Printing  in 1862, ABNCo sought a new source of demand for its services. They found it in foreign lands. The company would eventually go on to supply security paper and bank notes to 115 foreign countries.

In 1877, pursuant to a law enacted by Congress, the U.S. Bureau of Engraving and Printing became the sole producer of all United States currency. The security printing  industry, finding a good deal of its work had evaporated, accordingly underwent a second major consolidation in 1879, as American absorbed the National Bank Note and Continental Bank Note companies. At the time of the merger, Continental held the contract to produce U. S. Postage stamps, and this production continued under the American aegis.

In 1887, ABNCo won the second four-year contract to engrave and print Postal notes  for the U.S. post office. (New York’s Homer Lee Bank Note Company  produced these notes during the first contract period.) American assigned Thomas F. Morris, its Chief Designer, the task of re-designing this. The paper for this contract (as for all Postal Notes and a massive number of official U.S. high security documents) was produced by Crane and Co. of Dalton, Massachusetts.

In 1891 the American Bank Note Company began producing a new form of money for a longtime customer: the American Express "Travelers Cheque." In its first year, American Express sold $9,120 worth of its new invention. During 2000, sales of American Express  Traveler's Cheques  totaled $24.6 billion.

In 1894, ABNCo completed the final contract for the private printing of American stamps. Perhaps their most popular stamps were the one cent to $5 issues commemorating the 1892–93 Columbian Exposition  (for which they had also printed the admission tickets) in Chicago. On July 1, 1894 American delivered its entire stamp-producing operation to the U.S. Bureau of Engraving and Printing in Washington, D.C. , where U.S. stamps were still printed up into the 1990s.

Robert Scot , the first official engraver of the young U.S. Mint , began the company that would eventually grow into the nation’s premier high security engraving  and printing firm, the American Bank Note Company.

Founded in 1795 as Murray, Draper, Fairman & Company (after Scot's three partners), the company prospered as the young United States population expanded and financial institutions blossomed. Its products included superior quality stock  and bond  certificates, paper currency for the nation’s thousands of state-chartered banks, postage stamps (from 1879 to 1894), and a wide variety of other engraved and printed items.

.

  • Condition: previously mounted see scan (127mm x 46mm)

PicClick Insights - American Bank Note Co Proof on India on Card 1800s PicClick Exclusive

  •  Popularity - Very high amount of bids. 2 watchers, 0.3 new watchers per day, 7 days for sale on eBay. Good amount watching. 1 sold, 0 available.
  •  Best Price -
  •  Seller - 4,141+ items sold. 0% negative feedback. Top-Rated Plus! Top-Rated Seller, 30-day return policy, ships in 1 business day with tracking.

People Also Loved PicClick Exclusive