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    Unique Treasury Department Fractional Currency Transmittal Box

    United States Treasury - "SEVEN HUNDRED DOLLARS [in] TEN CENTS FRACTIONAL CURRENCY" Official Cardboard Transmittal Box. Very Good.
    Many United States Fractional Currency collectors have discussed the existence of this unique box in the Eric P. Newman Collection for decades, particular at annual Memphis Paper Money shows. The legend was that it was sealed and filled completely with fractional notes. However, the official United States Treasury wax seals at the sides are broken, the lid has been lifted, and the box is empty. That does not discount the fact that it is the only box of the type we have ever seen or know of. It will become a treasured member in an elite collection of United States Fractional Currency. Cardboard, coverings, and label as described. Dimensions 20.25 cm wide by 16.90 cm deep by 12.8 cm high. Its official status is apparent from the outset, as on the lid is an ornately patterned, green intaglio printed label with the titles in three lines at bottom center. An area just above, separated by a dividing line, would leave room for the designee for the notes (in this case, very lightly penciled and not fully readable). The box has fancy brown coating on the sides of the lids and on two sides of the box. The other two sides, which have the wax seals, appear to have cardboard over the coating on which to make notations. Here the wax seals were applied to seal the box and official notations could be made. One wax-sealed side has the crayon notation "5/3." The other is stamped in green with Asst.T[reasurer] / New York. The bottom of the box is very important. It has cardboard over the brown coating, and there is another wax seal and the crayoned date "July 29/[18] 75." Apparently, this box once held Fifth Issue 10 cents notes, which were packed in bundles at the Treasury. Another amazing item from Eric's vast and diverse collection.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    November, 2018
    7th-10th Wednesday-Saturday
    Bids + Registered Phone Bidders: 15
    Lot Tracking Activity: N/A
    Page Views: 611

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) 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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