Skip to main content
Go to accessibility notice


    Exceedingly Rare P. Goodman-Fort Smith Exchange Scrip Payable by Mayers & Bro.

    Fort Smith, AR - P. Goodman-Fort Smith Exchange presented to Mayers & Bro. 75 Cents March 25, 1862 Rothert 235-2. PCGS Very Fine 20 Apparent.
    This is an exceedingly rare Arkansas Civil War scrip note from an issuer that, according to Rothert, may have acted as a private bank. Eric P. Newman, who has studied the Fort Smith Scrip notes for decades, shared that information with Matt Rothert, author of Arkansas Obsolete Notes and Scrip. The present example is the plate note in that reference book. Much of the currency issued from Fort Smith circulated widely in the Confederate theatre, as far as the Indian Nations. Notes from the P. Goodman-Fort Smith Exchange are among the rarest from Fort Smith. The note has a very distinctive appearance; it is printed on thick, blue-green paper without imprint. At the far left is a Native American princess, adapted from 1850s Obsolete notes. A second vignette, just to the inside of that, shows a War of 1812-era rider (note the helmet and uniform) blowing a battle horn. The obligation at right center has "Due the Bearer.... in Southern Confederacy presented to Mayers & Bro." Mayers & Bro. were prolific currency note issuers from Fort Smith City, and their notes were payable in two other locations in Arkansas, two merchants in Texas, and at F. H. Nash in the Cherokee Nation. This note boasts great rarity in addition to its interesting style. Noted with "Edge Splits and Tears; Small Hole at Right." The faults are minor compared with its rarity, charm, and eye appeal. There are two other Fort Smith Exchange notes plated in Rothert, but this attractive example is the most intriguing. We have never seen another, and this might be a unique note.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    November, 2017
    1st-2nd Wednesday-Thursday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 268

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 41 days left to consign to the 2020 July 11 - 13 HKINF World Paper Money Signature Auction - Hong Kong!

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search