Description

    Minneapolis, MN - Minneapolis & Northern Elevator Co. $5 Sep. 1, 1893 Hewitt I320-D5, Shafer-Sheehan MN-150-5. Remainder. PCGS Very Fine 30 Apparent.
    The 1893 bank crisis spawned the printing and issuance of this rare note. According to Shawn Hewitt, this was an agricultural concern of Charles A. Pillsbury. This attractive example, from the Northwestern Lith. & Pub. Co., Minneapolis, is the Hewitt plate note. The face shows a variety of shades and gradations of gray. The back boasts deep mauve color and vignettes relating to the Minnesota state seal and motto; North Dakota is also represented at the left and South Dakota in the center. The Hewitt book designates this as a remainder. The two signatures are engraved on this example. Despite the noted "Minor Edge Damage at Left" and "Pinholes," an appealing example and the plate note. We have handled one other, the Shafer-Sheehan reference plate note in January 2016 which realized $352.50 with flaws and pen cancels. This is in much superior condition and catalogs for $1,000 in the Hewitt book in Very Fine condition.
    Ex: Eric P. Newman Numismatic Education Society.


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    Auction Info

    Auction Dates
    Dec-Jan, 2017
    7th-11th Wednesday-Wednesday
    Internet/Mail Bids: 9
    Lot Tracking Activity: N/A
    Page Views: 59

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    17.5% of the successful bid (minimum $19) 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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