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    Description

    UNPUBLISHED FORT SMITH CITY $2 BOND SCRIP

    Fort Smith, AR - Fort Smith City Bond $2 at 8% Two Years After Date Aug. 1, 1868 Rothert UNL. PCGS Fine 12 Apparent.
    The Newman Collection Obsolete currency has become synonymous with unlisted and unpublished examples over the course of several catalogs. This Reconstruction era interest-bearing "bond" note is from an unlisted issuer in Rothert, and it is a beautifully executed type. Engraved and printed in New York by the National Bank Note Company. Dazzling green protector devices are at the perimeter and over the denomination, and the note has a mesmerizing green back with an elaborate "2" at the center along with numerous interlocking micro-counters using Cyrus Durand patents. At the face center, beneath the title of this municipal issue, is a wide drover scene. Two beehives are at the lower left, and a cotton plant is at the lower right. "Two Years after date" is stamped in Gothic font flanking the bottom of the vignette. Grading notes "Edge and Internal Splits." However, this still has bold color on both sides. We have sold only one note from the issue, a Very Good raw $1 note in September 2008 for $1,380.
    Ex: Eric P. Newman Numismatic Education Society.


    Auction Info

    Auction Dates
    May, 2017
    3rd Wednesday
    Internet/Mail Bids: 12
    Lot Tracking Activity: N/A
    Page Views: 238

    Buyer's Premium per Lot:
    17.5% 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.
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