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    Unlisted Mechanics' & Traders' Bank $3 Civil War Note

    New Orleans, LA - Mechanics' & Traders' Bank $3 1862 LA-85-UNL. Remainder. PCGS Very Fine 35PPQ.
    There were many Louisiana discovery notes in the Newman Collection and this apparently is another. This Civil War-Union occupation period type is not only unlisted as a series in Haxby, but also as a denomination in the Whitman Encyclopedia, volume 7. Only a $1 note is known and plated there. Printed on the back of an original draft form with the National Bank Note Co. imprint (bottom of the Homeward Bound vignette visible) by Malus & Maurice, N.O. The steamboat at top center, within the titles, is flanked by "3" dies. End panels have THREE on shaded backgrounds. Plate B (perhaps printed on six-subject sheets?). Not signed or numbered like the $1 plated in Whitman, but in superb condition. Like the previous, the only example we have ever seen and the first note from the series we have cataloged.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    November, 2018
    7th-10th Wednesday-Saturday
    Bids + Registered Phone Bidders: 18
    Lot Tracking Activity: N/A
    Page Views: 196

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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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