6009

2PE-5 HAWAII, WAILUKU Female Seminary 1844 1 Hapaumi (approx. 10c). PMG-63 net due to a small rust s

Currency:USD Category:Coins & Paper Money Start Price:5,000.00 USD Estimated At:NA
2PE-5 HAWAII, WAILUKU Female Seminary 1844 1 Hapaumi (approx. 10c). PMG-63 net due to a small rust s
SOLD
7,000.00USD+ (1,400.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Mar 15 @ 16:03UTC-8 : PST/AKDT

Lot: 6009
Header: 1844 WAILUKU FEMALE SEMINARY
Title: 2PE-5 HAWAII, WAILUKU Female Seminary 1844 1 Hapaumi (approx. 10c). PMG-63 net due to a small rust spot lower right corner.
Description: Printed a bit off-centered but essentially as made.
Printed in red on thick cardboard a bit irregularly shaped of dimensions 1 ½ X 1 ¾ in (38 X 44 mm). Concentric circular designs within a square within a square design. Printed throughout the design is WAILUKU, NA BAILEY, KULAKAI,KAMAHINE and HATAUMI. Reverse is blank.
The Seminary opened in July, 1837 in Wailuku, Maui and was dedicated to teaching domestic arts to native girls. Edward Bailey, former principal (1840-1849), wrote a letter dated April 6, 1897 explaining why he had this money issued. “The occasion of printing these notes was the difficulty of finding silver hapawalus (12 ½ cent pieces or bits) for men employed in working at the Wailuku Female Seminary of which I was then in charge. When these notes had accumulated, they were redeemed with silver and goods.”
Remnants of the Female Seminary still exist on the Maui Historical Society Museum grounds in Wailuku.
Only $200 worth of these notes were issued in 1844 with seven eventually being given to the Hawaii State Archives. Today these notes are so rare that none were included in the most comprehensive and famous A.J. Ostheimer, III collection.
PMG population of 1-0

Low Estimate: 10000
High Estimate: 25000
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