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Auction: 401 - US and World Banknotes - e-Auction
Lot: 497

Texas. Mt. Carmel Center Trade Currency. 5, 10 (red), and 50 Cents. Waco 1938. Cardstock rounds; and 1 Dollar, 5 and 10 Dollars. Bank of Palastina, Mt Carmel Center, Waco 1938. Paper. Rounds -- Lion walking forward; Value stars around and clock vignette. Paper - Green and white. Lion walking forward, encircled by stars at center, printed signature of V.T. Houteff lower right. The Branch Davidians issued scrip in 1 Cent to $10 denominations in the 1930s. The clock vignette on these pieces is close to striking midnight as this group believed the apocalypse and Christ's return was imminent. Continuing the work of the break-away Seventh Day Adventist Victor Houteff, a Bulgarian emigrant to the US, these Branch Davidians were not associated with the later Branch Davidians of David Koresh that were raided by the ATF in 1993. The $10 Choice Uncirculated, the $5 AU, the $1 Fine with a 1 ¼ inch tear top edge center. The rounds Fine-EF. [8]

Estimate

Starting price
$120