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Hawaii State Show Called a Success
By Bank Note Reporter
January 15, 2013

This article was originally printed in Bank Note Reporter.
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The recent Hawaii State Numismatic Association’s annual show in Honolulu was called a “complete success,” according to convention chairman Marion Kendrick. A bourse consisting of more than 70 dealers from across the mainland U.S. and Hawaii highlighted the event.

Visitors were also treated to a special educational exhibit by C. “Bo” Borich of Santa Cruz, Calif., and James A. Simek from the Chicago area.

“These notes hold a special local flavor to those attending the show,” said Simek, “and this presented an opportunity for many of them to see this important grouping for the very first time. Many observers had no idea that notes such as these even existed.”

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Featured were nearly two dozen examples of national currency issued by The First National Bank of Hawaii, charter 5550 (later Bishop First National Bank and Bishop National Bank) were on public display for the first time in Honolulu. Considerable historical and technical information and several bank artifacts supplemented the exhibit.

“Money is history you can hold in your hands, and these bank notes are an integral part of Hawaii’s financial legacy,” Kendrick said. “These are United States National Bank Notes, and they are quite rare and eagerly sought by many currency collectors in Hawaii and on the mainland. HSNA is pleased to showcase this important collection of notes.”

The exhibit contained large-size notes from the First National Bank of Hawaii. printed between 1900, when Hawaii officially became a U.S. territory, and 1929 when the small-size notes were introduced. Small-size National Bank Notes were issued from 1929 until 1935, when production of all national currency was halted. Two different bank titles were used for the Series of 1929 issues: Bishop First National Bank of Honolulu and Bishop National Bank of Hawaii at Honolulu.

A 1929 merger of several entities, and a 1933 title change, were the reasons that different bank names appear on notes from charter 5550. This was the only bank on Oahu to issue national currency. Shown in the display were 11 different large-size notes of several types, denominations and series.

Also included were all 10 different small-size notes with the bank’s later issuing titles, types and denominations. Collectively they represent a complete set as currently reported.

The notes in the exhibit were all high quality examples of those currently known to exist in collectors’ hands, and were describes as being in most cases at or near the top of the condition census.

Additional information about the Hawaii State Numismatic Association can be found online at www.HawaiiCollectibles.org.



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