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    Extremely Rare and Historic Early Bank of Orleans Proof

    New Orleans, LA - Bank of Orleans $100 18__ LA-125 G48 SENC. PCGS Extremely Fine 45 Apparent.
    This W. Harrison & Co., Philadelphia India paper proof is an extreme rarity and among the earliest genuine Obsoletes from Louisiana, making it quite important. The plate style is listed and known only by its contemporary counterfeited notes (Haxby LA-125 C48). This genuine proof, though not perfect, is quite historic and presents an interesting layout and styling. The top center eagle vignette is quite similar to that on the Second Bank of the United States notes of the period (the branch opening in 1817). This makes sense since William Harrison and company also had a contract for some of those types printed in Philadelphia. The Gothic title across is very decorative and the ends are composed of intricate oval dies with classical female heads. The Bank of Orleans was founded in 1811, one of the two earliest established, and this proof would have been printed approximately 1817. Noted are "Edge Tears and Damage; Mounting Remnants and Stains on Back" by PCGS, with the trimming tight or slightly inward in several places. The glue type and remnants seen on the back ends suggests this was mounted in a scrapbook at one time, and perhaps used as a detector for counterfeits that plagued the series. The great rarity trumps some of the imperfections on this important artifact from early Louisiana bank history.

    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: 11
    Lot Tracking Activity: N/A
    Page Views: 300

    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 Apr 23, 2015 for: Sign-in or Join (free & quick)
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