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    Five Dollar Cincinnati Demand Note - Fr. 4 One of Only Six Known

    Fr. 4 $5 1861 Demand Note PCGS Fine 12 Apparent.
    To date, only six reported survivors are known of this scarce Friedberg number. The note was payable at the Cincinnati Treasury Office and with no "for the" varieties known to collectors, it is the scarcest of the different locales engraved on the 1861 $5 Demand notes. This Fine 12 is the highest graded at either service. There was a report of a higher grade piece over 30 years ago, but it has yet to resurface. PCGS has assigned the Apparent grade for "Small Edge Splits and Tears," which are present but of little to no importance on a note of this rarity. The colors remain wonderfully strong and both signatures are well applied, dark and fully legible. Friedberg states that, "the green reverses of the Demand Notes are the origin of the term 'Greenback' as applied to U.S. paper money in general." An important opportunity for anyone attempting a Friedberg number set or a collector with a simple appreciation for extreme rarity.

    Ex: Eric P. Newman Numismatic Education Society.

    View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]

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    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 25
    Lot Tracking Activity: N/A
    Page Views: 620

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    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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