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    Unlisted Bank of Commerce "Beast Butler" Occupation Date Variant

    New Orleans, LA - Bank of Commerce $5 May 5, 1862 G52var UNL. PCGS Very Fine 25.
    The Bank of Commerce series is complex. This is a rare variant of the Haxby-listed G52 $5 "Six Months after the termination of the present war" series, but without an overprint under the vignette. These notes were issued after the May 1, 1862 Union occupation by General "Beast" Butler's forces. Similar to the pre-war printed notes, but with an imprint of the American Bank Note Company. Several clipper ships are at top center. Allegorical figures at the left symbolize Hope and Navigation. The ornate right end panel shows denomination dies. The blue security back shows a diamond shape with LOUISIANA across the center and dies in the four points. The printed red serial numeral 750 is on the face. A vibrant example and a rare, fully signed note from this occupation series.
    Ex: Eric P. Newman Numismatic Education Society.

    Auction Info

    Auction Dates
    May, 2016
    4th Wednesday
    Internet/Mail Bids: 16
    Lot Tracking Activity: N/A
    Page Views: 249

    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.
    Sold on May 4, 2016 for: Sign-in or Join (free & quick)
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