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    Rare Lord & Williams, Tuscon 50 Cents

    Tuscon, AZ - Lord & Williams, Tucson, Arizona Territory 50 Cents No Date (Ca. 1870s-80s) Durand AZT-6. Remainder. PCGS Fine 12 Apparent.
    Arizona Territory scrip notes are rarely offered and are traditionally the domain of advanced collectors. As with all the notes from the series, printed on both sides on sturdy bond paper. This note is finely lithographed with the imprint of M. Thalmessinger, Stationer, 387 & 389 Broadway, N.Y. on the face. At the left is the Columbia portrait in an oval; titles are in the center; a counter is at lower right. The ornate green back has a shield shaped emblem with "50 CENTS" on two lines in the center. The note is not dated or signed. Directory ads from the period indicate that partners Charles H. Lord, M.D. and W.W. Williams did business in several areas, acting as exchange brokers and bankers as well. The end of the mining boom was the beginning of the firm's demise, and it failed on October 27, 1881. The resulting loan foreclosures from the Bank of California to Lord & Williams left the exchange holders and specie depositors with nothing. Observed printed denominations are 5, 10, 25, and 50 cents, as well as $1 and $5 (the Ford XX example is the only $5 known,). No issued notes are known from the series. This is a full-bodied example with normal soiling for the grade. Noted with "Edge and Internal Splits and Tears." This is a desirable Arizona note and an excellent representative of Western Territorial paper money.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 294

    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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