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    Very Rare Phoenix Bank $6 Note

    Richmond, VA - Phoenix Bank $6 May 20, 1859 VA-185 G4a, Jones & Littlefield BR80-11. PCGS Very Good 10 Apparent.
    The Phoenix Bank was not a chartered bank and was not authorized to issue notes. It ordered a well engraved plate from Draper, Welsh & Co. to issue notes, but most seem to be falsely filled in or remainders. It printed only $5, $6 and $7 notes and did not print or issue the other odd denominations. This Phoenix Bank $6 is extremely rare and a key Virginia odd denomination. It was missing from the 1983 NASCA Affleck sale and the underrated 1992 Smythe Sale of the Charles Echols Virginia notes held in Baltimore. Echols did not have a note from the bank. At top center, a few sailors congregate on the wharf. One gestures to the large anchor nearby. The man at lower left rests his arm on a wall; factories are seen behind in the distance. The mythological phoenix in flames is at the lower right. The red protector SIX is tightly spaced. The note is falsely filled in our opinion, but it has a convincing look. Noted with a "Hinge on Back." We sold a raw "Fine Plus" $7 note from this series for $1,725 in April 2008 at the CSNS Signature sale. This is the rarest denomination from the bank.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 305

    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.
    Sold on Oct 21, 2015 for: Sign-in or Join (free & quick)
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