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    Impressive Custom Vignetted Slater Bank $10 Issued Note

    North Providence, RI - Slater Bank $10 July 1, 1862 RI-205 G8b, Durand 866 PCGS Very Fine 25.
    An impressive and very rare type that originally came from the Newman Collection. Notes from this rare bank are among the most attractive of all Rhode Island Obsoletes. Nearly all were redeemed by the successor Slater National Bank of Pawtucket. Wellstood, Hanks, Hay & Whiting engraved the plates for this distinguished layout. A custom view of Pawtucket Falls and mills with the bridge over the river and buildings on each side is flanked by vibrant green "X" protectors. A portrait of the eponymous Samuel Slater is at the lower left. The note is bright, and well-margined. We have observed only one other issued $10 note from the bank. We sold that as part of Len Glazer collection in May 2019 for $960 with a prior auction record of $1,997.50 in March 2015. Most other notes from the title are Proofs. This beauty last sold in Newman Internet Part 2 in January 2017 for $1,410. Issued rarities such as this one with strong vignettes are quite undervalued currently and present excellent opportunities.

    Auction Info

    Auction Dates
    April, 2020
    22nd-27th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
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