REAGAN BIRTHPLACE 上市 Deposited

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  • The E-Sylum: Volume 7, Number 25, June 20, 2004, Article 11

    REAGAN BIRTHPLACE

    Last week we asked about a piece of numismatically-related
    Ronald Reagan trivia. The 40th President was born in 1911
    in an apartment above a bank in Tampico, IL. We were
    curious about the name of the bank and whether it issued
    currency,

    An anonymous currency collector writes: "As I recall, Ronald
    Reagan was born above The First National Bank of Tampico,
    Illinois. This bank did issue national bank notes. For further
    information, please refer to any of the many national bank note
    catalogs (Van Belkum, Ramsey & Polito, Kelly, Hickman &
    Oakes, Liddel & Litt, etc.). Among national bank note
    enthusiasts, Reagan's birthplace is very old news, particularly
    since President Reagan was a close personal friend of Bill
    Higgins. Bill was the founder of the Higgins Museum in Lake
    Okoboji, Iowa, the country's only museum dedicated to
    national bank notes."

    Bill Burd writes: "I would imagine you received many responses
    to your question regarding Reagan's birthplace. I am sending
    you the little I know anyway. The Tampico Bank was
    established in 1882. In August of 1908 it was chartered as a
    National Bank and changed it's name to First National Bank
    of Tampico. It issued large size 1902 Date Backs and also
    Plain Backs. Also, it issued small size currency dated 1929.
    It was liquidated in December 1931."

    Jess Gaylor provided a link to an article about the bank's
    history, noting that when Ronald W. Reagan's family moved
    in in 1906, "a bakery or restaurant occupied the building below
    the apartment. Tampico National Bank came into existence in
    1919 and was privately owned."

    The site notes: "... the First National Bank of Tampico ...
    opened for business on October 1, 1908. Business was first
    conducted in the old Burden building, on the west side of
    Main Street, which has since been torn down, and later moved
    to the building on the east side of Main Street which houses
    the Village Administration offices at present."

    www.tampicohistoricalsociety.citymax.com

    [Reagan was born in 1911. It's unclear from this article whether
    there was a bank in the same building at the time Reagan was
    born. And further documentation or discussion of this issue is
    invited.

    Only history will tell if any leader is worthy of honoring on our
    money, and there are many examples of the folly of honoring
    living or recently-deceased persons on coins and currency. I
    laughed when I first heard of the movement to honor Reagan,
    who was still alive at the time. He may be gone now, but it is
    still much too early to consider putting his portrait on money.
    -Editor]

    Illustrating the divisions that surround Reagan's legacy is the
    following note from Richard Doty, who writes:

    "IF handing the country more completely to the rich
    IF ignoring AIDS while thousands died
    IF winning the Cold War by proving that we were capable
    of going deeper into debt than were our adversaries
    IF breaking one union and weakening the rest;

    IF all of these were accomplishments
    and IF you deem their author worthy of remembrance on
    our money - then by all means put him on it.
    But I won't use it."

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  • 2004-06-20
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