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    Description

    Gem Commercial Bank of Natchez $10 Proof

    Natchez, MS - Commercial Bank of Natchez $10 Branch Payable 18__ MS-160 G156 Kraus 4021p. Proof. PCGS Gem New 65PPQ.
    A beautiful Gem Proof from this bank represented mostly by proofs from early collections and those contained in the 1990 American Bank Note Company Archive auction in September 1990. Printed on India paper only from the plates engraved by Underwood, Bald, Spencer & Hufty. At the top center are two sailing ships near a lighthouse point, with a third in the far distance on the elaborately engraved sea. Flanking are "10" numerals on square lathe work. The identical end panels have intricate lathe pattern backgrounds with ornate TEN lettering. Noted Hole Punch Cancelled by PCGS, as made. A sharp proof and part of the Newman Collection for decades. We have never seen an issued note from this UBSH, either at its home or at a branch. We have sold a few proofs from the bank, including a $5 proof (PMG Choice Uncirculated 64) from this UBSH series for $2,232.50 in our October 2012 Dallas ANA sale. This certainly commands a premium value for exceptional condition.

    Ex: Eric P. Newman Numismatic Education Society.


    View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]

    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 267

    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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