Schernikow & Great Central Fair Die Essays

Early in the 20th Century there occurred a bankruptcy sale of the effects of the Philadelphia Bank Note Company which had inherited from the Toppan, Carpenter Company the duplicate dies of the 1851 issue, to which numerals had been added to all the values except the 10c and 30c, for submission as essays with their proposal for the 1861 contract.

The buyer of the dies was Ernest Schernikow, an officer of the Hamilton Bank Note Company. In 1903 they made reprints from the dies in as many as fifteen colors. It is believed that this was done to help recoup the $10,000.00 Schernikow paid for the effects of the Philadelphia Bank Note Company. For years they were peddled along Nassau Street in New York.

We have integrated the remaining 1861 issue Schernikow reprints into the 1861 pages. By the end of June we will have created a separate page for the Schernikow reprints of the Philadelphia Bank Note Co. 1877 essays.