Description

    Mankato City, MN - Merchants Bank $1 Sept. 1, 1854 MN-75 G2a, Hewitt A160-D1-2, Durand MNT-1. PCGS Very Good 10.
    This is a scarce territorial period issuer, and a fraudulent one. Printed without an imprint, but the style and other denominations from the title attribute the printing to the likely Doty & Bergen, New York. A cowboy on horseback lassos a steer at the top center. Andrew Jackson is at the bottom left, and a Native American hunter is at the lower right. The upper corners have different counters. Perhaps ten to fifteen examples are known. This note has seen honest circulation and has no detriments. An interesting Minnesota note genre and type.
    Ex: Eric P. Newman Numismatic Education Society


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    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Internet/Mail Bids: 6
    Lot Tracking Activity: N/A
    Page Views: 125

    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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