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    Description

    Custom Chelsea Harbor and Mystic River Vignette

    Chelsea, MA - Tradesman's Bank $5 Sept. 2, 1859 MA-490 G8b. PCGS Very Fine 25.
    This is part of an exceptional set of notes from this bank in the Newman Collection. Each has a custom view, at the top center, executed for the title by Rawdon, Wright, Hatch & Edson, New York/New England Bank Note Co., Boston. Depicted is a wide view of Chelsea Harbor at the confluence of the Mystic and Chelsea rivers, with ships at the docks and a view of the town in the background. The very large "5" counter at left is quite elaborate. An allegorical female sits on the curve of the number while she appears to support the fasces, which in turn holds up the cap of the "5." Upon the cap is the curved word LIBERTY above coins that look like they might start to stream out at any minute. Below, the serif at far left shows an image of Washington. Zachary Taylor, twelfth U.S. President, is at lower right. A red protector FIVE is across at the bottom. "Hole Punch Cancelled" as noted, through the signatures to prevent any further redemption. This is a bright and vibrant example that has superior margins for a Massachusetts issued note.
    Ex: Eric P. Newman Numismatic Education Society


    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 177

    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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