Burlington, IA - $100 1882 Date Back Fr. 566 Hessler UNL The Merchants National Bank Ch. # 1744 Essay Proof Choice About New 5...

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$100 Essay Proof for 1882 Brown Back to Date Back Conversion

Burlington, IA - $100 1882 Date Back Fr. 566 Hessler UNL The Merchants National Bank Ch. # 1744 Essay Proof Choice About New 58.
This lot holds the second Essay Proof/Printer's Model from the estate of Assistant Treasurer of the United States Louis Coolidge. He served in this capacity from March 17, 1908, to April 10, 1909, and for several months he was the Acting Treasurer of the United States. This is probably the reason that he came in the possession of the National Bank Note Essay Proofs in this auction. Mr. Coolidge passed away on May 31, 1925.

This $100 shows the main alterations for the conversion of Brown Backs to 1882 Date Backs. The clause on the face that read, "This Note is Secured by Bonds of the United States" on 1882 Brown Backs has been lengthened with the addition of "or Other Securities" at the end for the upcoming 1882 Date Backs. The back for 1882 Brown Backs had as its main element, the national bank's charter number. This Essay Proof shows the change to the dates of "1882-1908" and the elimination of the state seal at left and the eagle vignette at right to be replaced on the $100 denomination by the same new eagle vignette at both left and right. Both sides of this new 1882 Date Back design have been mounted on cardstock.

Mr. Coolidge was not only a Treasury Department official but also a Harvard graduate, journalist, treasurer of the United Shoe Machinery Corporation, and prominent in the Massachusetts Republican Party. He is buried in Natick, Massachusetts, his birthplace.