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    Early New Bedford $30 Proof-One of Two Known to Us

    New Bedford, MA - Bedford Commercial Bank $30 18__ MA-880 G42. Proof. PCGS Choice About New 55 Apparent.
    This is a very distinctively engraved and extremely rare $30 odd denomination India paper proof engraved by Leney & Rollinson. It is one of only two examples we have observed. The fineness of their tools allowed them to cut extremely intricate and engineered lathe work end panels along with very detailed, generally allegorical, female vignettes. At the top center is seated Commerce on the shore, beckoning to an approaching ship. The end panels have a mesmerizing optical effect when printed as India paper proofs. This example has been in the Newman collection for decades and presents a new opportunity for the collecting community. The other known example is nicely pedigreed to the March 2006 Schingoethe Collection Part 6 (the subtitled "Panorama of Obsolete Currency" thematic catalog) auction, and was formerly ex: Christian Blom. That proof realized $4,817.50 in the October 31, 2014 Baltimore auction. PCGS notes "Tape on Back," but this very small piece of tape is on the back's widest margins and does not affect the face eye appeal of this rare beauty.

    Ex: Eric P. Newman Numismatic Education Society.

    View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]

    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 298

    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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