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    Description

    Washington, MO - $10 1882 Value Back Fr. 577 The First NB Ch. # (M)5388 PCGS Fine 15PPQ.
    This Missouri River community styles itself "The Corncob Pipe Capital of the World," but it has a long history dating back to its original site as a Spanish fort when Missouri was ruled by Spain. After the Louisiana Purchase, the town grew rapidly, becoming for a while a major shipping and railroad center before quieting down in the late nineteenth century. The town now boasts over 400 buildings listed on the National Register of Historic Places, providing a thriving tourist industry. This was Washington's sole National Bank, with this institution electing to redeem its circulation after issuing Second Charter examples only. Just four pieces were previously listed in the census, a $5 Brown Back that last appeared in the Sweeney Collection in 1980, a $20 Brown Back grading Fine which sold for $10,637.50 in 2011, a $5 1882 Date Back which has never appeared at public sale, and a $20 1882 Date Back grading Very Fine which sold for $11,500 in 2010. This pen signed Value Back from the Newman Collection is the sole Value Back known to date, and is flawless for the grade. Expect a realization at or very near the five figure mark for this significant Missouri rarity.

    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: 13
    Lot Tracking Activity: N/A
    Page Views: 265

    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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