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    Description

    Issued Monson Bank $2 SENC Type

    Monson, MA - Monson Bank $2 Aug. 1, 1863 MA-835 G6a SENC. PCGS Fine 15.
    For many Massachusetts banks, issued notes are nearly impossible to obtain, or are unknown, due to most converting to national banks in 1864 or 1865 and redeeming their earlier notes (often well into the following decades). The Monson Bank is no exception and this is the first issued note we have cataloged. The unusual style is from a less encountered American Bank Note Co./Jocelyn, Draper, Welsh & Co. imprint. The main vignette is perhaps symbolic of progress vs. nature. The city gentleman at left, shown with smokestacks behind, rests his arm and looks weary or unhappy. The farmer at right, framed by tree branches with his horse behind, holds a farm tool. However, he faces toward "progress." At upper left, a woman in an oval frame charmingly tilts her head and looks toward the center. At lower right, the Stars and Stripes shield and motto. A red lathe work protector outlines TWO at bottom center. The great rarity is in tandem with its splendid grade. This well-margined New England note is devoid of the tight cut so often seen. Another exceptional issued note.
    Ex: Eric P. Newman Numismatic Education Society


    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 16
    Lot Tracking Activity: N/A
    Page Views: 277

    Buyer's Premium per Lot:
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    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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