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Description

Bold Bank of St. Louis (2nd) Kirksville Branch 1859 $5 Note

Kirksville, MO - Bank of St. Louis (2nd), at their Bank in Kirksville $5 Nov. 29, 1859 MO-50 G40b. PCGS Fine 15 Apparent.
A rare, fully issued Kirksville branch note and a tremendously handsome type. There are imprint variants for this plate design. Printed by Toppan, Carpenter & Co., Philada. & New-York with an ABC monogram (added to the plate after the 1858 seven-firm consolidation forming the American Bank Note Co.) and a candidate for the most beautiful St. Louis Obsolete currency type. An inspired vermillion color tint is featured on the arced BANK OF ST. LOUIS title at left, directly above the facing woman's portrait that is unique to this bank and denomination. Atop the ornate protector FIVE is a gristmill scene. In the foreground, a man carries a heavy sack of grain while holding his horse by the reins; a millstone leans against the building; at far left, children rest on a bridge and watch as the water rushes by underneath. At the upper right is a color die with white outlined "5" numeral. Plate C. No. 12273. Signed by cashier D. C. D. Van Arnam and bank president John J. Anderson. Geo. Penn signed at left as "ass't" commissioner. The "Pinholes" noted by grading are minor; there is a cluster at the bottom center that does not affect the vignettes. Most of these were redeemed and survivors are rarely encountered. A bold example.
Ex: Eric P. Newman Numismatic Education Society


Auction Info

Auction Dates
November, 2017
1st-2nd Wednesday-Thursday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 393

Buyer's Premium per Lot:
20% of the successful bid per lot.

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A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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Sold on Nov 1, 2017 for: $2,400.00
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