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    Description

    Saint Louis, MO - $20 Original Fr. 429 The Valley NB Ch. # 1858 PCGS Fine 15 Apparent.
    An extremely rare type and denomination from the Show-Me State, this is one of only four $20 Original Series examples reported from all Missouri banks combined. Three of the four come from St. Louis, with one piece extant from The Third National Bank and two hailing from The Valley National Bank. They are, in fact, the only two specimens from this First Charter only bank known to survive. For many years, the Newman Collection note was the sole recorded example, until a second note was offered three years ago as part of our 2012 Long Beach sale. Coincidentally, it was graded Fine 15 Net by PMG, with a few repairs accounting for the Net grade. That piece realized $15,275 and now resides in a major St. Louis holding. This piece displays just a bit more roughness, with PCGS noting "Minor Edge Splits; Small Rust Stain and Hole near Top Right." For all that, the note is bright, the signatures clear and bold, and the color everything one would hope for on a note at this grade level. If rarity and desirability are a guide, expect bidding to reach or exceed our estimate.

    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: 15
    Lot Tracking Activity: N/A
    Page Views: 205

    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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