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    Description

    Discovery Historical Vignette Type

    Hutsonville, IL - Patriotic Bank $10 Sept. 12, 1859 IL-390 G6 SENC. PCGS Fine 15.
    This mesmerizing Obsolete rarity is specially designed and, to the best of our knowledge, unique. The bank is all SENC in Haxby, unusual for Illinois banks as their notes have been well collected and studied for over a century. The Schingoethe's Illinois Obsolete note collection, assembled from the core collections formed by Dennis Forgue and Glenn Smedley, did not have an example from this bank. A wonderful Gothic title is across. The top center portrays a newly discovered historical vignette. It is neither mentioned in Roger H. Durand's Interesting Notes about History nor the historical notes compiled for The 52 Collection: Part II sale. The illustration and its origin (presumably American) will be the subject of further research. Other notes are only listed for the bank, but are described from Banknote Reporters (the periodicals of the day that bankers and merchants used to detect counterfeits and spurious notes) as having the Battle of Lexington vignette used by this note's imprint, the American Banknote Company. As a bonus, the note is in problem-free and sturdy Fine condition. Without a doubt, this is one of the greatest issued Obsolete notes from Illinois and worthy of eclipsing the high estimate. This may be a once-in-a-lifetime opportunity to own a note published here and sold for the very first time. Clearly, this is another prize from the Newman collection.

    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: 8
    Lot Tracking Activity: N/A
    Page Views: 454

    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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