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    Choice Miners Bank of Savings 50 Cents in Gold Dust

    St. Francisco, CA - Miners Bank of Savings of Alta-California 50 Cents in Gold Dust 18__. Remainder. PCGS Very Fine 20.
    This series of notes is a mystery and is not to be confused with the Miners Bank that issued gold coins. An expensive, intaglio plate was engraved and notes printed by Gavit & Co., Albany. The plate was oddly configured with one $1 note, one 75 cents note, three 50 cents notes and four 25 cents notes, each in different sizes. This note, the second lowest denomination, shows seated Agriculture at the far left. The title is at the top with a central "50" counter, and "IN GOLD DUST" is prominent at bottom center. The textual denomination is on the right shaded end panel. This example is plate A of the three positions. This denomination is very scarce, encountered much less often than the 25 cents notes, and has several excellent corroborating sales records. The Ford Collection had three examples. The two primary notes sold at Ford XX in October 2007 for $4,313 (Choice Very Fine) and a slightly lesser example realized $2,300. A third example sold earlier in Ford VIII (January, 2005) for $2,760 in Fine. This note is certainly close to or on a par with the Ford notes. This is an historic Gold Rush series note.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 17
    Lot Tracking Activity: N/A
    Page Views: 365

    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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