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    Appealing Kirtland Society Bank $50 Note

    Kirtland, OH - Kirtland Safety Society Bank $50 Mar. 9, 1837 OH-245 G16 Wolka 1424-16 Rust 10. PCGS Very Fine 30PPQ.
    The $50 Kirtland notes are also much scarcer than the lower denomination notes and traditionally more valuable. This is printed from the highest denomination, $50A-$100A, two-subject plate engraved by Underwood, Bald, Spencer & Hufty, N. York & Philad. The vignette of a drover with his mixed breed herd, at top center, is flanked by cameo heads facing left; the title is split with arced KIRTLAND above and SAFETY SOCIETY BANK across. The ends are simple and identical showing a perpendicular arrangement with a cameo head in center and corners with "50" numerals on shaded blocks. The secretarial signature of J. Smith, Jr. with that of S. Rigdon is the most often encountered combination on Kirtland notes, especially for the higher denominations. These are very scarce and experts consider 40-50 probably survive at this time. Auction records over the past decade have been consistently high and often approach five figures. This is very similar to a Very Fine 30PPQ example we sold in our 2010 ANA Sale for $9,200. A well margined and appealing note that is attractively homogenous in eye appeal with the other Kirtland notes in this offering.

    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: 9
    Lot Tracking Activity: N/A
    Page Views: 390

    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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