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    Description

    Extremely Rare and Unlisted Series Commercial Bank of Natchez Issued Note

    Natchez, MS - Commercial Bank of Natchez $5 Feb. 4, 1839 MS-160 UNL Kraus 3990. PCGS Very Fine 25 Apparent.
    Another discovery note from the Newman Collection, and previously with no issued examples reported. This is an impressive and important Natchez note. The series was completely unlisted when Haxby published his reference in 1988. In the 1990 American Bank Note Company Archive sale, proofs were discovered from a different imprint (not UBSH) that resemble a similar series of notes. However, we have not encountered an issued note from here, except the two from the Newman Collection including this example. A steamboat with flags flying in the breeze is at top center flanked by cameo Franklin and Washington plaques. Ends display inward-facing eagles between "5" counters. Officially stamped across the top with "TWELVE MONTHS AFTER DATE," converting it into a post note type. Noted with "Minor Edge Damage at Right." The first we have cataloged. The $20 note from this series sold for $3,760 in Newman Part VI in April 2015. An important opportunity to obtain what may be a unique example.
    Ex: Eric P. Newman Numismatic Education Society


    Auction Info

    Auction Dates
    November, 2018
    7th-10th Wednesday-Saturday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 264

    Buyer's Premium per Lot:
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    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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