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    Description

    Rare County of Chicot Interest Bearing Note-Denied for "Want of Funds"

    Columbia, AR - Treasurer of the County of Chicot April 5, 1844 $50 Interest Bearing Rothert 131-3. PCGS About New 53.
    A handsome county note printed from intaglio plates by Rawdon, Wright, Hatch & Edson, New Orleans; this shows a significant departure from the Civil War era county bills crudely printed on emergency use paper. In this dynamic layout, an Indian warrior draws his longbow and aims across the note at a cross-eyed buffalo. The note is slightly taller than a standard Obsolete in order to contain lengthy obligations under the title across. Although authorized to pay 10% interest from the date, when presented in 1848 and 1854, the note was denied for "want of funds" as endorsed by hand on the verso. This is a very rare note and the first we have handled.

    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: 11
    Lot Tracking Activity: N/A
    Page Views: 536

    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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