Watch List notes:

Historic ABNC Archival Letter Discussing Secret Argentina Banknote Printing. Buenos Aires, 23 Sept 1897. 3 page letter and financial accounting sheet from Samuel B Hale & Co., the business representative for ABNC in Argentina, addressed to T.H. Freeland at ABNC. Another interesting letter with content that discusses a range of issues with Freeland. The major highlight of this letter includes secret information about the Argentine Director of the Mint's visit to Europe to have plates made for a new banknote issue and buy paper so that Argentina can print their own money rather than use an outside printer such as ABNC. Hale feels that they will be unsatisfied with the printing result and realize that their estimate of cost was too low. Argentina is also unhappy with Compania Sud Americana de Billetes quality of work and that many impressions had to be destroyed which may also have effected their decision to print their own banknotes. He ends the letter with the state of their South American investments in bonds, stocks and cash. Another rare inside look at ABNC in South America. ABNC.

Estimate: 300-600