Description

    Superb Mankato City $2-Hewitt Plate Note

    Mankato City, MN - Merchants Bank $2 Sept. 1, 1854 MN-75 G4, Hewitt A160-D2-3, Durand MNT-2. PCGS Very Fine 25.
    This is a very scarce note from an interesting fraudulent genre. The bank was a fictitious one, printed from plates supposedly created from stolen dies, but this note has an imprint of Doty & Bergen, New-York at the left, which adds to the mystery. Minnesota was a territory in 1854 and this spurious note is from that remote location. (The note is listed in Roger H. Durand's Interesting Notes about Territories). Undisputed is the outstanding condition. An allegorical female representing American Industries is seated at the shore, holding a rudder. At left, in the background, a train travels over a bridge. At right, a man stops to give his horse a drink; canal locks are behind. At lower left, clothed only in a flowing cape, a Native American rides a horse with a long mane. At lower right, an elk stands on a high bluff. The base vignette shows a Native American paddling a canoe. A superb example and the Hewitt plate note.
    Ex: Eric P. Newman Numismatic Education Society


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    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Internet/Mail Bids: 9
    Lot Tracking Activity: N/A
    Page Views: 113

    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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