Superb Grade and Exceedingly Rare Thorne's Bank $5 Issued NoteHastings, MN - Thorne's Bank $5 Sept. 1, 1863 MN-45 G6a SENC Hewitt B180-D5. PCGS Very Fine 25.
This is another exceptional Minnesota issued note and an impressive companion to the only previously reported $2 note. Once again, inspiringly engraved and crafted at the American Bank Note Co., N.Y. with boldly executed face designs and vibrant green security backs executed in a Federal Legal Tender note style. This example might be the only example available to collectors of two listed (the other, serial 3126 A is Good, torn, Hole Punch Cancelled ex: Schingoethe and Lawrence R. Stack collection sales). This is the finest by far as cited on the 2006 census and the Hewitt plate note. The title is arced across the top with the Rawdon, Wright, Hatch & Edson, New-York (RWHE) engraved dies of five cherubs with five Liberty Seated silver dollars in the center. At the lower left, On the Watch, adapted from Landseer (engraved for the ABN by Henry S. Beckwith), shows a dog guarding the safe from a semi-napping position on top. Thorne's portrait is at the lower right is near his flowing penned signature. The gorgeous green lathe work security back shows three large dies; at the center is the obligation "Secured by the Pledge of Public Stocks of the United States." This example has period penned endorsement on the green back, similar to the prior $2 note, and it seems they have traveled their Obsolete note road together for a long time. This is an extremely impressive Minnesota note, a trophy from this relatively compact series of towns and banks: a standout.
Ex: Eric P. Newman Numismatic Education Society.
View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]
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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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