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    Extremely Rare Fayetteville Bank of the United States Type

    Fayetteville, NC - Bank of the United States (the Second) Office of Discount & Deposit -$20 Cashier's Note Jan. 2, 1832 Haxby-Not Listed, Pennell-UNL. PCGS Very Fine 20 Apparent.
    This is an extremely rare and unusual "Cashier of the" style and drawn on the Fayetteville office. The note is not listed in Haxby or Pennell and we could not find any recent auction records. All Fayetteville branch notes from the Bank of the United States are rare, much more than larger cities in the north. Between TWENTY counters at the top, an eagle straddles a shield and a rock at the shore. He appears ready to take flight. End panels show perpendicular "20" counters, facing inward, above and below. Male cameo portraits at the center face inward. This might be a contemporary counterfeit note with an Underwood, Bald, Spencer & Hufty imprint, but there are strong plate details that point to its being genuine. The imprint is straight, parallel and centered under the well-detailed top vignette. The ends and counters are also strongly detailed. Cameo portraits are not always the best place to compare, but most significantly, the note is superior in all plate regards to the Nashville, Tennessee $20 Cashier's note in the Newman Collection with diagnostics that are clearly false. Noted with "Hinge Repaired Edge Tear in LL Corner." Very distinctive and an important North Carolina Obsolete note.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Internet/Mail Bids: 14
    Lot Tracking Activity: N/A
    Page Views: 314

    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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