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    Description

    Rare Nevada Mining Scrip Note

    Fay, NV - Shawmut and Nevada Mining & Milling Co. 10 Cents in Merchandise Series A Undated (Ca. 1890's). PCGS Fine 15 Apparent.
    A rare Nevada mining company scrip that was good for merchandise, but was not "redeemable in currency" as stated in a clause in the obligation to conform to Federal law. Lithographed on two sides by Utah Litho. Co., S.L.C. on bond paper. There is light gold tint and the spare design has the curved title across, denomination outlined on bolded grill and obligation. Counters are sandwiched in the top word of the title near top. The ornate border encloses all elements. The red back has the company emblem in the center that horizontally bisects GOOD FOR/CENTS/IN MERCHANDISE, with counters at the sides. Nevada scrip is very rarely offered. There is some crude, old restoration noted as "Repaired; Pieces Replaced." This note has a pleasing appearance from the face.
    Ex: Eric P. Newman Numismatic Education Society


    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 231

    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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