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Home / Currency / Selections from the Eric P. Newman Collection Part 3 Wednesday Internet Currency Auction Auction #241626 / Lot #89775
    LOT #89775  | 
    Sold on May 3, 2017 for: Sign-in or Join (free & quick)

    Covington, IN - Bank of Covington $2 May 1, 1854 IN-135 G2, WVS 152-1. PCGS Very Fine 20.. ...

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    Obsoletes By State:Indiana, Covington, IN - Bank of Covington $2 May 1, 1854 IN-135 G2, WVS 152-1. PCGS Very Fine 20.. ...
    Obsoletes By State:Indiana, Covington, IN - Bank of Covington $2 May 1, 1854 IN-135 G2, WVS 152-1. PCGS Very Fine 20.. ...
    Sold on May 3, 2017 for: Sign-in or Join (free & quick)

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    Description

    Covington, IN - Bank of Covington $2 May 1, 1854 IN-135 G2, WVS 152-1. PCGS Very Fine 20.
    An intriguing note from an Indiana 1850s bank that did not go broke and leave note-holders in the lurch. According to the state records, there was no outstanding circulation when they closed, and the few issued notes known bear that out. A beautifully engraved Danforth, Wright & Co. type. The central scene has a hay wagon being loaded. At the left end is a milkmaid with her pail in an oval. At the right end are Cyrus Durand patent lathe work "strips" for protection from denomination raising. A lovely example combining rarity and top condition for a note such as this.
    Ex: Eric P. Newman Numismatic Education Society.

    Auction Info

    Auction Dates
    May, 2017
    3rd Wednesday
    Internet/Mail Bids: 13
    Lot Tracking Activity: N/A
    Page Views: 205

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $19) per lot.

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    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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    Sold on May 3, 2017 for: Sign-in or Join (free & quick)
    Sold on May 3, 2017 for: Sign-in or Join (free & quick)
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