Description

    Cincinnati, OH - Lot of 3 Commercial Bank of Cincinnati Durand, Perkins & Co. Series Notes Associated with the Cincinnati Commercial Agency in St. Louis.
    This is an interesting collection of three notes that Eric collected in conjunction with his Missouri tie notes. The Cincinnati Commercial Agency opened a branch in St. Louis in 1836 and may have redeemed notes from the bank and others from Ohio. The bank withdrew from St. Louis in 1837 when the Bank of the State of Missouri was chartered, and sold their buildings to the State, which used them as its banking headquarters ("The Economy of Nineteenth-Century St. Louis," Primm, St. Louis, the Fourth City pp 109-110). According to Wendell Wolka in his reference on Ohio, the Commercial Bank of Cincinnati was originally chartered in 1829 and opened in 1831. It continued under this charter until 1843. In 1845, it became one of Ohio's Independent Banks and continued in business until it became the Commercial National Bank of Cincinnati (Charter 1185) in 1865. These earlier notes circulated heavily and are not encountered much finer. All have Durand, Perkins & Co. imprints.
    $1 Jan. 4, 1838 OH-50 G2, Wolka 0425-03. PCGS Good 4.
    An allegorical female with symbols of Justice and Moneta is at upper left with a lion. DeWitt Clinton stands at the right end. The left end shows a three-quarter bust of a crowned figure between denomination dies.
    $2 Jan. 4, 1838 OH-50 G4, Wolka 0425-07. PCGS Good 4.
    A river god reclines at top center above the title and denomination.
    $3 May 20, 1837 OH-50 G6, Wolka 0425-10. PCGS Good 4 Apparent.
    Ceres reclines at upper left, and a framed portrait of Washington is at far left between dies. Noted with "Edge Tears, Damage, and Tape Repairs.
    Ex: Eric P. Newman Numismatic Education Society


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    Auction Dates
    November, 2017
    1st-2nd Wednesday-Thursday
    Internet/Mail Bids: 8
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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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