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Figure 15. Die proof of Giuseppe Garibaldi, engraved by William F. Ford<br />

for the American Bank Note Company in 1944. The issue of notes by<br />

American Bank Note for which this portrait was prepared never occurred.<br />

(enlarged)<br />

An interesting and unusual portrait of World War II vintage,<br />

our next “what might have been,” is Giuseppe Garibaldi (Figure<br />

15), also done by William F. Ford in 1944 for a possible Bank of<br />

Italy issue that ended up being printed in Italy rather than in the<br />

U.S. American Bank Note engraving records show the original<br />

order was dated 26 May, 1944, and the Garibaldi portrait was<br />

approved on 11 August, 1944. Ford engraved it in June and July,<br />

1944. The complicated story of this order that was later cancelled<br />

may be found in Soldi di d’Italia, Guido Crapanzano’s 1995<br />

book on Italian bank notes, though the dates he gives and Ford’s<br />

involvement don’t seem to quite fit the engraving record dates.<br />

The last “what might have been” story for this article takes<br />

us to the Philippines. Joseph Poveromo, one of the younger<br />

engravers at American Bank Note, engraved a good portrait<br />

of Apolinario Mabini (Figure 16). When I started this article<br />

I assumed that this portrait was engraved around the period<br />

1948–1950, when the first new, primary post-war Philippines<br />

currency was done. But Poveromo would have been too junior<br />

to have done it then, and after consulting the engraving records<br />

I saw that it was approved January 16, 1958, on an American<br />

Bank Note “stock” order from 1956. “Stock” does not refer to<br />

stocks and bonds, but rather, “stock” as in putting the portrait<br />

into their stock of portraits. Interestingly, the engraving record<br />

card notes that the original photograph (from which the portrait<br />

was engraved) was “returned to Broad Street 7/8/52” (“Broad<br />

Street” being 70 Broad Street in New York City, American Bank<br />

Figure 16. Die proof of Apolinario Mabini, engraved by Joseph Poveromo<br />

for the American Bank Note Company in 1957. The portrait was never used.<br />

(enlarged)<br />

Note’s headquarters at that time), indicating that American either<br />

likely bid or considered bidding on the Philippines notes of 1949.<br />

Having Joe Poveromo engrave Mabini’s portrait was probably<br />

a combination of practice for a younger engraver and a desire<br />

to have a bit of an advantage on future Philippine bank note<br />

orders. However, American Bank Note never produced notes for<br />

the Philippines, and Poveromo’s engraving became part of “what<br />

might have been.”<br />

Other examples of “what might have been” in bank note<br />

engraving exist, and I may eventually add to the record of this<br />

interesting but little-known aspect of bank note work.<br />

Anyone with comments or questions on this article may<br />

contact the author at mntomasko@att.net.<br />

Sources:<br />

Murray Teigh Bloom’s The Brotherhood of Money; George Cuhaj’s<br />

Standard Catalog of World Bank Notes, Vol. II; Gene Hessler’s The<br />

Engravers Line; Guido Crapanzano’s Soldi di d’Italia; Gordon<br />

Beckles’ Coronation Souvenir Book 1937; Walter Allan’s “Essays<br />

and Proofs for the 1935 Bank of Canada Issue” in the 1993 issue<br />

of The Canadian Paper Money Journal; and engraving records and<br />

information in the possession of the author. All illustrations are<br />

from the author’s collection.<br />

50 <strong>IBNS</strong> Journal 48.2

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