akylekoz
akylekoz SuperDork
2/8/20 6:02 p.m.

_
_ Dork
2/8/20 6:10 p.m.

Looks like a bank note. Probably worth more as an antique than $100

captdownshift
captdownshift GRM+ Memberand UltimaDork
2/8/20 6:15 p.m.

I doubt Indiana has gone up in value much since then. I've been to Gary. 

Stealthtercel
Stealthtercel Dork
2/8/20 6:23 p.m.

If you Google "State of Indiana State Stock Bank," you get referred to a Wikipedia article about the Bank of Indiana, but it's not a banknote from them because they closed in 1857 (on life support until 1859 to allow banknote holders to exchange them for federal ones.)  It kind of looks like a scam, with a name just close enough to the real one to confuse the suckers, like "Billsteen shocks."  Watching with interest!

akylekoz
akylekoz SuperDork
2/8/20 6:30 p.m.

Found in a book while cleaning out my FIL house.  It may be real but likely worthless.

90BuickCentury
90BuickCentury New Reader
2/8/20 6:37 p.m.

Found another one. Seems it could be a legit thing.

CJ
CJ GRM+ Memberand HalfDork
2/8/20 6:51 p.m.

Looks to me that this is real. 

This auction house had one that sold.  Pre-sale estimate was $200-$300.  Note looks to be in better condition than yours.

https://www.liveauctioneers.com/item/76426599_100-state-of-indiana

This 'general store' also had one that sold for $40.  Note looks near perfect.

https://www.brandywinegeneralstore.com/products/indiana-obsolete-currency-state-stock-bank-one-hundred-dollar-note

Finally, this site lists the State Stock Bank as one of the 126 banks that issued obsolete notes In Indiana.

https://varietyerrors.com/old-banknote-values/indiana-banknote-guide/

 

90BuickCentury
90BuickCentury New Reader
2/8/20 6:58 p.m.

Although, $100 in 1870 is about $2,000 now. Most banks seemed to issue between $1 and $5 denominations in the 1850s. Most banks listed stopped printing money in 1853, so it could just be a really good spoof of what one would have looked like back then. Do you happen to have a pic of the back of the note?

Also odd that the other 2 bills are not signed and the date is left blank. 

akylekoz
akylekoz SuperDork
2/8/20 7:03 p.m.

In reply to 90BuickCentury :

Good question, the back is blank.

 

BoxheadTim
BoxheadTim GRM+ Memberand MegaDork
2/8/20 7:06 p.m.

I don't think it's necessarily a spoof. Keep in mind that until the creation of the Federal Reserve, there was no central bank in the US and currency notes were issued by state and national banks instead.

akylekoz
akylekoz SuperDork
2/8/20 7:07 p.m.

In reply to 90BuickCentury :

Good question, the back is blank.

 

akylekoz
akylekoz SuperDork
2/8/20 7:10 p.m.

I see that it is signed by a June and president Ray, both family names so just an old gag.   

I also found a sweet 8mm camera, projector and screen.

Bell and Howell/ Kodak

 Also a portable manual type writer, and a portable electric one.

Datsun310Guy
Datsun310Guy UltimaDork
2/8/20 7:42 p.m.

Funny.  I was cleaning some stuff and found some of my Road America tickets.  

When I get grandkids grandpa's house is going to have some cool treasures to find.  Right?  
 

captdownshift
captdownshift GRM+ Memberand UltimaDork
2/8/20 8:00 p.m.

In reply to Datsun310Guy :

Those are definitely worth $40+ but hopefully more to your family. 

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