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    Unlisted Tremont Bank Series

    Boston, MA - Tremont Bank $1 Jan. 1, 1837 MA-380 (G10) UNL. PCGS Fine 12.
    Studying the Newman Collection provides valuable insights into Obsolete banknote topics, such as genuineness. This discovery Tremont Bank $1 genuine note is the type that was roughly imitated by spurious note issuers. These criminals created a similar $1 type (Haxby MA-380 S5) that matched the central vignette description of this note well, but used an altered plate. The bank likely withdrew this type and printed a new series to protect their customers. The Tremont Bank, well-established in 1837, would eventually become a national bank; it was always a solidly capitalized institution. This note is unlisted in Haxby and the Whitman Encyclopedia. Printed from engraved New England Bank Note Co. plates. At top center, two blacksmiths are opposite an anvil in a shop. One uses tongs to steady the read hot iron as the other prepares to strike. The title in center is flanked by intersecting tall gray "1" elements. A Washington bust in profile is at the far left, and a woman with flowing shawl is at the far right. ONE counters are in the corners. This would fit neatly into position as Haxby MA-380 G10. A fascinating note, and the first we have seen
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 200

    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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