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    Description

    Choice Burrows and Prettyman $3 Note

    Davenport, IA - Burrows & Prettyman $3 Aug. 27, 1857 Oakes 30-2. PCGS Very Fine 20.
    This is a rare and attractive note from an interesting private issuer. The partners issued a large circulation, perhaps the reported, $100,000 at its peak. Most notes seemed to have been honored at the time and property was sold during the 1857 panic to redeem remaining notes, as we have observed relatively few survivors. Engraved with a banknote style by Rawdon, Wright, Hatch & Edson. At top center are sheaves of wheat and barrels, one of which says "Albion Mills." At bottom left, a farmer sharpens a long scythe. At bottom right is Plenty, holding a sheaf of wheat and curved scythe, seated next to a basket replete with produce. Listed as a Rarity-5 (11-25 known) in Oakes reference, the type seems rarer to us. This is a beautiful example and our only auction record is for $920 in the 2010 FUN Signature sale, in lesser grade. This is a beautiful $3 bill for the finest collection.
    Ex: Eric P. Newman Numismatic Education Society


    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 360

    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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