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    Second "Peace to the World" Denomination

    New Bedford, MA - Bedford Bank $10 Sept. 6, 1803 MA-875 G20. PCGS Fine 15 Apparent.
    This is an extremely rare and early series issued by the predecessor to the Bedford Commercial Bank, and part of a fascinating array of notes from this title in the Newman Collection. Listed, but not priced in Haxby, this early note has amazing style. It does not show an imprint (perhaps William Hamlin). This charming note shows Peace within a drapery background with a ship sailing in the distance. There are subtle variations from the $5 note previous. A denominated barrel is at top center, instead of at the right side. Details are strengthened in the vignette. The ship is now fully engraved instead of appearing transparent; the folds and fringe on the drapery are more visible; facial features are enhanced; and the pole used to suspend the globe looks more solid. In addition, the olive branch is shorter and the position of the shawl has changed, so that her right arm is uncovered. Without dispute this is a genuine, early issue of the bank. The words "Peace to the World" are arced above the globe. Noted with a "Missing UL Corner." Very sharply engraved and a second opportunity to obtain this significant, early American vignetted style from this important commercial center.
    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: 226

    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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