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Cape Girardeau, MO - Bank of the State of Missouri, at Cape Girardeau $20 Aug. 1, 1857 MO-60 G82 SENC. PCGS Very Fine 30 Appar...
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Description
Genuine Cape Girardeau Branch 1857 Red-Stamped Reissued $20 Note
Cape Girardeau, MO - Bank of the State of Missouri, at Cape
Girardeau $20 Aug. 1, 1857 MO-60 G82 SENC. PCGS Very Fine 30
Apparent.An exceedingly rare, genuine, and fully issued Cape Girardeau $20 note from the 1857 rechartered bank. This is the only genuine issued note of the type Eric found in his decades of collecting Missouri currency and developing this auspicious selection of Bank of the State of Missouri notes. A very sharply printed example with tremendous eye appeal. This is a superbly crafted Toppan, Carpenter & Co. Philada. plate design (but in the style of Draper, Toppan, Longacre & Co.) combining a commercial allegory with historical portraits related to Jacksonian Democrats and Missouri's role in crafting Manifest Destiny policies. This later plate uses a red tint on the engraved COUNTERSIGNED & REGISTERED outlined in white to the left of the vignette; The signature line at top right and the word "Com'r." beneath are also in red. An allegory of Navigation and Commerce is at top center, where a young woman wearing a wreath of flowers sits on Moneta's lap. Enthroned Moneta appears to be giving her some instruction, and points toward the steamship behind. The quartet of portraits relates to Missouri politics, finance, and westward expansion. At upper left is Senator Thomas Hart Benton, nicknamed old "Old Bullion" for his support of hard money rather than paper currency (he was lampooned on satire notes as "Bentonian Drops"); at upper right, Lewis F. Linn, the other Missouri senator, proponent of Manifest Destiny and the 1843 Oregon Bill. At the bottom corners, Van Buren is at the left and Jackson at the right. At each end is a circular vignette of an eagle, with wings upraised and perched on a branch, facing inward. Plate C. No. 424 (twice -- they float, flanking the vignette). Signed by A. S. Robinson and Jas. M. Hughes. Boldly countersigned by the "ass't" commissioner Geo. Penn. An interestingly styled red surcharge stamp at center-right has three script initials, CFJ (Claiborne Fox Jackson) beneath the word REISSUED in a shield-shaped cartouche (also observed on the $10 St. Louis home type here). There are some internal tears near the top that are visible. Although noted with "Edge Splits and Repairs; Pinholes," those faults are not seen at first glance. This is a significant type and branch issued note with outstanding pen accomplishment: another important genuine note from the bank.
Ex: Eric P. Newman Numismatic Education Society
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Auction Info
2017 November 1 - 2 Eric P. Newman VIII Currency Signature Auction - Dallas #3547 (go to Auction Home page)
Auction Dates
November, 2017
1st-2nd
Wednesday-Thursday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 171
Buyer's Premium per Lot:
20% of the successful bid (minimum $19) 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.
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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