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    Description

    Perhaps Unique Malden Bank $3 Proof

    Malden, MA - Malden Bank $3 18__ MA-795 G8 SENC. Proof. PCGS Very Choice New 64 Apparent.
    The Massachusetts binders from the Newman Obsolete note collection have unearthed many notes that have added considerably to our knowledge and appreciation. This Malden Bank $3 proof is from a short-lived issuer that became a national bank and would have redeemed nearly all of its circulation. This is the first proof we have seen, and this New England Bank Note Co./Rawdon, Wright, Hatch & Edson series is all SENC in Haxby and unpublished in the Whitman Encyclopedia, Volume 4. Printed very stylishly on India paper only. The vignette at top depicts a lunch break on the farm. The mother holds a baby on her lap as her husband looks on. While some rest, others use the time to sharpen their tools. At left a sea goddess with a trident appears to sit on a throne of flowing water. At lower right, Liberty with Stars and Stripes floats with three cherubs. Noted as "Hole Punch Cancelled" as made and with "Hinge Remnants on Back." A stunning proof with wide margins. This is a very important Massachusetts proof series and type.
    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: 227

    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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