Milton & Perry Signatures

One can rarely look at offerings of State of Florida currency without seeing the phrase “Milton signature”. In fact, all State of Florida notes issued in 1861, 1863, 1864, 1865 and 1870 bear the written name of a governor, but only a few 1861 issues (and the rare 1870 note) bear their actual signature (1862 issues do not have a governor signature space).

How can you know if you have a note with an actual signature of a governor?  Well, in addition to the 1862 notes no 1863, 1864 or 1865 notes are known with actual signatures of the governors (Madison Perry or John Milton in 1861 – 1864 and Abraham K. Allison in 1865).  All of the few remaining 1870 issue reconstruction notes (only a $1 note was issued)  do bear theactual signature of Gov. Harrison Reed.  That leaves only the 1861 issues in question. In 1861 the State of Florida issued two types of $1, $2 and $3 notes  and one each of the $5, $10, $20, $50 and $100 denominations, with several variations of some.  The first printing of $1, $2 and $3 notes is identical to the second, but with the denomination spelled out in the upper right corner.  The earliest are dated Sept. 16, and all with this date were actually signed by the out-going governor M. S. Perry.  On October 1, 1861, Marianna plantation owner and ardent secessionist John Milton became governor and he signed some first printing notes with dates of Oct. 9 and Oct. 10. The Oct. 9 Milton signature notes are among the rarest of all Florida notes. Gov. Milton also signed some second series $1, $2 and $3 notes that are dated Oct. 10.  Some of the $5 (extremely rare), $10 (rare), $20 (rare), $50 (all 3 variations) and $100 1861 notes were also signed by Gov. Milton. It must be remembered that while Gov. Milton signed some of each, those notes are only a very small percentage of the total number issued.  How can the notes with actual Milton signatures be identified?  Notes that bear his name but were not signed by him have the countersignature of the person who actually signed it for him. Their signature appears somewhere above his on the notes.  Any note actually signed by John Milton will not have a countersignature above his.  One other thing that identifies Milton’s signature is his unusual way of ‘crossing’ the ‘t’ in his name, as can be seen on the note pictured above.  It should be noted that one person who signed for him wrote their t’s in a similar fashion, so the lack of a countersignature is the best method to use in identifying the notes Gov. Milton actually signed. The condition of existing 1861 notes signed by Milton or Perry is almost universally poor.  $100 and $50 notes are known in higher grades, but any below $50 are generally unheard of in even VF condition,with the vast majority being G, VG or F.  We generally have a good selection of notes signed by Madison Perry and John Milton available, and they are all identified as such in our STATE NOTES listing, as well as being listed below. Scans of each areavailable on the STATE NOTES page. Notes actually signed by Gov. Milton or Gov. Perry are all scarce and command a premium, selling for at least 50-75% and up to 150% more than the same note without their signature.  Complete sets of notes signed by Milton and Perry are very rare, with only the most specialized Florida collectors generally pursuing them.  Just three complete sets that include the extremely scarce Oct. 9th notes exist, one of which is in my personal collection.

Current offerings with actual governor signatures:

Scans of all of these notes are on our STATE NOTES page. 

No.    Denom.      Governor      Notes           Grade      Price

 3          $ 50              Milton                Nicenote          VF           $395

3        $ 50           Milton       Small piece off     F-       $175

7        $3              Milton                                       F         $200

7        $3            Milton                                        VG       $150

7        $3            Perry        5%off lower right   G        $115

7A      $3           Milton        Corneroff               F/VF   $185

7A      $3           Milton                                      VG/F     $195

7A      $3           Milton                                       F-         $185

7A      $3           Milton                                      VG         $150

7A      $3          Milton        Fadedsignature  VG          $125

8        $2          Perry                                         F-         $135

8        $2          Milton                                        F-         $195

8        $2         Milton                                         VG/F    $175

8A      $2         Milton                                         VG        $150

9        $1         Perry                                          F/VF-   $270

9        $1         Perry                                           F           $240

9        $1         Perry                                           VG/F    $175

9        $1         Perry                                           VG        $155

9        $1         Perry        Partiallybacked       G+       $110

9A      $1        Milton                                          F/VF   $240

9A      $1        Milton                                          F+       $225

9A     $1         Milton                                          F          $210

9A      $1        Milton          Repair                     F-       $195

 9A     $1        Milton                                        VG+     $165

 9A     $1        Milton                                        VG         $145

 Scans of all of these notes are available on our STATE NOTES page.

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