`Buckeye Bucks' To Sell in Columbus at Heritage/eBay E-Fair Show: Fabulous Ohio National Bank Notes From 1800s.

DALLAS--(BUSINESS WIRE)--Sept. 8, 1999--

Heritage Numismatic Auctions will offer an important collection of 19th & early-20th century National Bank Notes from Ohio banks at E-Fair, cosponsored by eBay (www.ebay.com) October 8-9 in Columbus. Currency from many cities are highlighted: Arcanum, Brookville, Fostoria, Greenville, Hamilton, Lima, McConnelsville, Oxford, Pitsburg, Sidney, Springfield, Troy, Urbana, Zanesville, plus 24 others.

"The E-Fair auction," noted HNAI Director Bob Korver, "features 50 historic notes from the Gulde Collection of Ohio Nationals. National Bank Notes were issued 1863-1929 by thousands of Federally chartered banks. These notes were first printed by private printing companies, then by the Bureau of Engraving & Printing in Washington, D.C. Each bears the name, location, and charter number of the locally-owned bank. They remained fully negotiable regardless of the underlying strength of the bank. Most have been redeemed and destroyed since 1900. Many such banks went out of business more than a century ago, but their notes are still valid legal tender assuming someone were foolish enough to spend them instead of selling them to collectors!"

"The National Banks," continued Korver, "could issue currency up to 90% of the par value of U.S. Government Bonds they deposited with the Treasury. Early issues were often hand-signed by local bank officers (usually prominent local citizens), along with printed signatures of the Treasury officials. Not only important pieces of fiscal history, these are also magnificent pieces of art, bearing engraved images from American history: The Pilgrims Landing, Columbus Landing, Ben Franklin Flying his Kite, and even Washington Crossing the Delaware."

Jim Halperin, Heritage Co-Chairman, added, "For more than two decades, Heritage has auctioned rare coins and currency at America's leading coin conventions. After years of posting our catalogs on our Web site, Internet bids are now an important part of our sales. E-Bay is sponsoring this Electronic Coin & Collectibles Fair, and while their success is legendary, we know that Heritage has achieved the best combination of floor, mail, and Internet bidding to maximize prices realized."

Photographs of the Gulde Collection highlights will be posted on the Heritage Web site (www.heritagecoin.com).

Heritage can be reached at their world headquarters: 100 Highland Park Village, Dallas, Texas 75205, 800/US COINS, or by e-mail at [e-mail].