Description

    Exchange Bank, Glencoe Issued $1 Note

    Glencoe, MN - Exchange Bank $1 Oct. 5, 1858 MN-35 G2a, Hewitt B140-D1b. PCGS Very Fine 20 Apparent.
    The bank is scarce, and most notes known are issued $1 examples like this. None of the listed notes in the census are high grade, and this example is very appealing. Printed from plates engraved by the American Bank Note Company. At top left, townspeople and a frontiersman heartily greet the engineer of the train passing by. In the vignette to the right, a head and shoulders view of a Native American with Mohawk-styled hair, headdress, and claw necklace is shown. At lower right, a young boy in a sailor suit, hands in his pockets, stands at the shore. The red protector is unusual with a wide panel at bottom left outlining ONE with a red "1" to the right. Noted with "Minor Rust Stains." Overall, this is a very bright example.
    Ex: Eric P. Newman Numismatic Education Society


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    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Internet/Mail Bids: 7
    Lot Tracking Activity: N/A
    Page Views: 131

    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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