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    Superb Gem New 67PPQ Merchants' Bank, Boston Proof

    Boston, MA - Merchants' Bank $5 18__ MA-285 G22. Proof. PCGS Superb Gem New 67PPQ.
    Boston banks are numerous and exhibit varied vignettes and styles. This is an exceptional condition proof, with India paper mounted on cardstock and printed by the dual New England Bank Note Co., Boston/ Rawdon, Wright, Hatch & Edson, New York imprint. The vignette at the top center is custom for the title and series, and shows the Merchants Bank building and a section of State Street, 1840 (as attributed by Roger H. Durand's Interesting Notes about Architecture). At the left, inside the panel, is an ornately framed Benjamin Franklin portrait that was used on the initial United States 1847 5 Cents imperforate stamp (U.S. #1). At the far right is a large and exceptionally detailed "5" with a seated female. This is a marvelous layout in virtually perfect condition on a wide-margined card, a rarity that is also known issued (see our May 1-3, 2003 CSNS Sale, the Tom Denly Collection of Boston Obsolete Currency and Scrip, for an example). Hole Punch Cancelled as specified by PCGS, but through the India paper only. This is a stunning Superb Gem proof, and doubtless the finest.

    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: 9
    Lot Tracking Activity: N/A
    Page Views: 303

    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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