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    Description

    Bold Rockaway Bank Full Color Proof

    Rockaway, NJ - Rockaway Bank $5 May 1, 1858 NJ-485 G6b Wait-2135. Proof. PCGS Very Choice New 64 Apparent.
    A superbly crafted full red tint color proof engraved and printed by Danforth, Wright & Co., New-York & Philadelphia (with added "ABC" monogram) on India paper. It was, once upon a time, impossible to obtain a note from this bank. However, there are three denominations plated in Haxby, and a four-subject sheet ($1-$1-$2-$5) appeared in the 1990 ABN Archives auction. A full red lace tint covers the note, with lighter red micro-lathe and darker protector FIVE across the bottom center. At the top center, over the Gothic title, is a mining scene showing two workers in the foreground, one with sledgehammer ready to strike, the other using a crowbar. Nearby are other tools of the trade used to extract the iron ore that was present in the region (another bank title here was The Iron Bank). At the lower left is the legally mandated New Jersey State Treasurer seal and at the lower right, a sailing ship. Hole Punch Cancelled as made and with Apparent notes of "Small Edge Tear at LL; Minor Mountings and Stains on Back." Prior to the 1990 ABN Archives sale, full color proofs and masterfully engraved ones like this from the Danforth, Wright & Co. firm were only in advanced collections. Twenty-five years after that sale, with all the proofs absorbed into collections, many of them represent excellent value. New Jersey notes are avidly collected and often strongly held. This example has much to recommend it, and displays bold eye appeal.

    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: 16
    Lot Tracking Activity: N/A
    Page Views: 379

    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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