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Great Britain - Bank of England £50 February 17, 1914 Pick 307a, B208e. PCGS Very Fine 20 Apparent. . ...
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Description
Bank of England February 17, 1914 £50 Note
Great Britain - Bank of England £50 February 17, 1914 Pick 307a, B208e. PCGS Very Fine 20 Apparent.A scarcer high denomination Bank of England note printed on denominated watermarked paper. A vignette of seated Britannia, a version of the Bank of England's official seal, is at upper left. The stylized "Fifty" at lower left is outlined by the beaded black background that hugs its contours. According to West and Duggleby's work, English Paper Money, pre-war notes were often used only once. Notes were withdrawn from the bank, used in the intended transaction, and immediately deposited back into the bank. This resulted in far fewer surviving examples than expected. This note features the signature of Gordon Maire as chief cashier. The notch in the right margin is purposefully placed at a unique position to identify the denomination seen in the watermark. Thus it prevented a face design from being printed on the wrong stock of watermarked paper. Noted with "Rust Stains at Right; Minor Ink Stains near Top Left."
Ex: Eric P. Newman Numismatic Education Society
Auction Info
2015 October 21 - 24 Eric P. Newman Collection Part VII Currency Signature Auction - Dallas #3539 (go to Auction Home page)
Auction Dates
October, 2015
21st-24th
Wednesday-Saturday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 1,561
Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) per lot.
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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.
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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