Watch List notes:

Jalisco, Mexico, Banco de Jalisco, 5 pesos contemporary counterfeit remainder, ND (1910), series B. Frampton-M386; SCWPM-S328. The story of this unusual counterfeit is best explained in Frampton's "Mexican Paper Money" (2010 ed.): "Why make your own when you can get someone else to do it for you? In 1910 a man calling himself Thomas Marshal met with representatives of the National Bank Note Company of Philadelphia. Marshal indicated that the bank was unhappy with their current printers, American Bank Note Company, and said that the bank was interested in having NBNC represent them in the future. Marshal asked for a quote to produce an initial 5,000 five peso notes which National agreed to print at a cost of twenty cents each. Marshal agreed and asked National to copy the plates currently being used by ABNC since the existing plates were the property of the current printer and they would not release them. National agreed and printed the notes. Marshal instructed NBNC to deliver the notes to H. L Middleton (were Marshal and Middleton the same guy?) in New Orleans, who would pay for the printing. Middleton immediately started signing and selling the notes but was apprehended shortly thereafter by the U.S. Secret Service, who confiscated the remaining notes. The notes are easily identified by the name of the printer on the front of the notes. These scarce notes are highly collectible." Choice UNC, no problems and crisp. (Estimate: $300 - 450)