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    Description

    Issued Prescott Bank $5 Color Tinted Rarity

    Lowell, MA - Prescott Bank $5 October 1, 1861 MA-760 G10b SENC. PCGS Fine 12.
    Notes from the bank are rare and this National Bank Note Company engraved series was the final one for the issuer before they became the Prescott National Bank of Lowell. The face proof using this intricate color tinting is known, but this is fully issued and has a full green color back. In keeping with Lowell's history, the vignette above the title shows a laborer and two children (exhibiting the use of child labor in the American Industrial Revolution) working at a textile mill. To the left of the title is statuesque Liberty as used on several banks and series engraved by the National Bank Note Company. Stars are upon her Phrygian cap and billowing garment. She holds a thick laurel wreath, and the upright Stars and Stripes shield and resting fasces are beside her on the ground. Intricate protective devices using the Cyrus Durand patents abound, with a vertical strip of small overlapping dies left and an upper right large "5" die, all with micro-lettered titles. In green are the frame, wide face guilloche across the center, and left vertical dies enclosed within color lathe work. The green security back has two immense "5" dies at the sides with a much smaller "V" die in the center. Although the back is not vibrant due to honest circulation, this issued note has strong paper quality and is likely unique.
    Ex: Eric P. Newman Numismatic Education Society


    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 305

    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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