Description

    Rare Bank of Rochester $10 Denomination

    Rochester, MN - Bank of Rochester $10 April 20, 1859 MN-110 G8, Hewitt B580-D10. PCGS Very Fine 20 Apparent.
    This is a very scarce bank, which was doomed when its railroad bonds were liquidated by the state in order to settle the note's accounts to only 16-1/4 cents per dollar. There are many more $5 notes known than $10 examples. This $10 is deceptively rare. It is one of only four listed on the 2006 census; the other three are closely held in private collections. The large oval Andrew Jackson portrait in the center, beneath the arced title, bisects the denomination. Numeral "10" counters on lathe work are in the upper corners. At the lower left, a Native American, one foot poised on a rock in the stream, prepares to launch his spear. On either side of the comparatively large "X" counter at the lower right are a milkmaid and a cow. Noted with "Small Edge Split at Right; Minor Stains." This is a very rare type and might be the only example available for sale. A great opportunity to obtain a key Newman Minnesota collection issued note.
    Ex: Eric P. Newman Numismatic Education Society


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    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 157

    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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