DescriptionSt. Paul, MN - Treasurer of the State of Minnesota $5 Feb. 10, 1858 Hewitt C400-D5. PCGS Fine 15 Apparent.
This State of Minnesota $5 note is part of complex series of interest bearing notes issued by the State after the financial panic in 1857, and from needs arising from the delay in Minnesota's statehood. The series paid 12% interest and could be used for payments such as taxes. Lithographed and with an imprint Louis Buechner, St. Paul. Overall, a very simple layout and style with gray "V" in the center. Perpendicular, in a cartouche is FIVE, in reversed out type at left. A large, sculptural detailed "5" is at the far right. Noted with "Tape Repaired Tears." A scarce State type.
Ex: Eric P. Newman Numismatic Education Society
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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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