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    Description

    Boston, MA - Bank of the United States (the First) $5 Office of Discount & Deposit June 20, 1800 US-1 C142 . PCGS Very Fine 20 Apparent.
    Though this is a contemporary counterfeit, it is still a very scarce type. The First Bank demand notes and branch types were printed in Philadelphia, but without an imprint (Draper has been suggested). The texts and titles run across the note with a bottom center eagle and shield within an oval, representing the Great Seal of the United States. At the top are two widely spaced "5" dies on a linear pattern, and at the far left, shaded lathe work with DEPARTMENT. Noted with "Tape Repaired Edge Tears; Minor Edge Damage; Internal Tears." There is still considerable paper body, and printed portions exhibit great clarity.
    Ex: Eric P. Newman Numismatic Education Society


    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Internet/Mail Bids: 6
    Lot Tracking Activity: N/A
    Page Views: 168

    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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