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    Wholesome $100 "Rainbow" Legal Tender

    Fr. 168 $100 1869 Legal Tender PCGS Very Fine 30.
    As a researcher, Eric P. Newman was instrumental in sharing information with others in the hobby, including details about his own notes. His best notes were reported to census keepers, but the absence of any auction history left gaps in the records, which will begin to be filled in with this auction. The most popular United States type notes in mid grade are rarely offered in a problem-free state of preservation. This is a welcome newcomer to the auction scene. A bold swath of anti-counterfeiting blue color is seen on the face, and the printed details are still bold and largely unaffected by its moderate circulation. Of the 364,000 notes printed, just 28 survivors are known. At least seven of those are permanently held by institutional collections, with the Federal Reserve Bank holding most. In the last decade, only seven of the other survivors have been offered at public auction, just one of those appearing in the last six years; a PCGS Extremely Fine 45PPQ sold by us in early 2012 for $138,000. With that piece in the grade range just above this solid and attractive piece, our estimate may well prove conservative.

    Ex: Eric P. Newman Numismatic Education Society.

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

    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 17
    Lot Tracking Activity: N/A
    Page Views: 1,252

    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.
    Sold on Apr 28, 2015 for: Sign-in or Join (free & quick)
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