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The E-Sylum: Volume 18, Number 41, October 11, 2015, Article 20

SELECTIONS FROM ERIC P. NEWMAN COLLECTION PART VII

Maureen Levine submitted these selections from the upcoming Part VII of the Eric P. Newman Collection sales. Thanks! -Editor

The Selections from the Eric P. Newman Collection Part VII sale is taking place this month in Dallas. The Signature Session will be held on Wednesday, October 21. The Internet Sessions will be held Friday, October 23 and Saturday, October 24. The printable catalogs for are available on the Heritage Auctions website. Those interested in the Internet catalog are invited to click on the link: http://www1.heritagestatic.com/c/d/newman-7-currency-nonfloor-catalog.pdf. Featured examples from the over 1,400 additional, highly collectible notes within this catalog are below.

Items being sold are from the extensive collection of Eric P. Newman Numismatic Education Society (a Missouri not-for-profit corporation) and have been assembled over a period of 90 years. Proceeds of the sale of all items will be used exclusively for supplementing the Society’s museum operations and scholarly numismatic research efforts and for the benefit of other not-for-profit institutions selected by Eric P. Newman Numismatic Education Society for public benefit.

Lot 18947: North Carolina April 2, 1776 $10 Peacock

Lot 18947 North Carolina April 2, 1776 $10 Peacock

High Grade $10 Peacock

North Carolina April 2, 1776 $10 Peacock Fr. NC-166b. PCGS About New 53 Apparent.

There were two different $10 vignette types, Cupid and Peacock. This is a crisp note. It is lightly folded and shows only petty flaws. Very deeply inked and showing strong vignette details. Except for one, the signatures are bold. Noted with "Small Edge Splits; Minor Mounting Remnants on Back."

Love the peacock! You don't often see them pictured on coins or currency, at least not in the U.S. great note. -Editor

To read the complete lot description, see:
North Carolina April 2, 1776 $10 Peacock Fr. NC-166b. PCGS About New 53 (http://currency.ha.com/itm/colonial-notes/north-carolina-april-2-1776-10-peacock-fr-nc-166b-pcgs-about-new-53-apparent/a/3539-18947.s?ic4=ListView-Thumbnail-071515)

Lot 19075: Continental Currency January 14, 1779 $20

Lot 19075 Continental Currency January 14, 1779 $20 front Lot 19075 Continental Currency January 14, 1779 $20 back

Bold January 14, 1779 $20 Note

Continental Currency January 14, 1779 $20 Fr. CC-92. PCGS Choice New 63PPQ.

This projects very boldly and would make a superb resolution set type note. The very deep black border and text inking contrast with the red face color beautifully. The back is also gorgeously printed, and face-to-back registration is perfect. A close left face margin is the only quibble. Everything else is immaculate, and the estimate may be conservative.

To read the complete lot description, see:
Continental Currency January 14, 1779 $20 Fr. CC-92. (http://currency.ha.com/itm/colonial-notes/continental-currency-january-14-1779-20-fr-cc-92-pcgs-choice-new-63ppq/a/3539-19075.s?ic4=ListView-Thumbnail-071515)

Lot 19368: Leavenworth, KS - City of Leavenworth $2

Lot 19368 Leavenworth, KS - City of Leavenworth $2

Distinctive Continental Bank Note Co. Engraving

Leavenworth, KS - City of Leavenworth $2 May 16, 1871 Whitfield 276 Remainder. PCGS Very Fine 35.

In this second denomination, a hair-raising scene, The War Alarm, occupies most of the right side of this note. As an armed patriot rides by, the farm family, led by the man of the house, exits the home to heed the alarm. The dog is in pursuit and the anxious family members, especially his young daughter, attempt to prevent him from following with his gun and powder horn. A beautiful array of intricate dies forms the border. The green security back has three large dies with outlined denomination elements and the title is outlined on green lathe work banners. This has a stunning look and the Rarity-4 (26-50 known) includes nearly all vastly inferior examples. This is a crisp, bold and vibrant note for a top collection.

Another great vignette. Artwork is often secondary in a numismatic context, but it's a great part of the appeal of obsolete currency. -Editor

To read the complete lot description, see:
Leavenworth, KS - City of Leavenworth $2 May 16, 1871 Whitfield 276 Remainder. (http://currency.ha.com/itm/obsolete-banknotes/leavenworth-ks-city-of-leavenworth-2-may-16-1871-whitfield-276-remainder-pcgs-very-fine-35/a/3539-19368.s?ic4=ListView-Thumbnail-071515)

Lot 19990: Charleston, SC - Bank of Charleston $5 Jan. 26, 1858

Lot 19990 Charleston, SC - Bank of Charleston $5

Issued "Indian Prince and Princess" Note

Charleston, SC - Bank of Charleston $5 Jan. 26, 1858 SC-10 G2b, Sheheen 51. PCGS Very Fine 20.

This is a fully issued "Indian Prince and Princess" type engraved and printed by Draper, Toppan, Longacre & Co. The light red lace tint plate was added to late notes. At top center, and allegorical female, representing several themes, sits on bales at a wharf; an anchor and a cornucopia are nearby. In her right hand she holds a rudder. Charming complementary vignettes are at the ends. At the left, the prince rests at the riverbank with his elbow on one knee, appearing to wait for his princess, who is pictured at the right end across the river. The right end vignette was used by the Confederate States of America to create the Type 35 "Indian Princess" note at Hoyer & Ludwig in Richmond. Very low number 6 note and "D" plate position. A bold and superior grade example.

To read the complete lot description, see:
Charleston, SC - Bank of Charleston $5 Jan. 26, 1858 SC-10 G2b, Sheheen 51. (http://currency.ha.com/itm/obsolete-banknotes/charleston-sc-bank-of-charleston-5-jan-26-1858-sc-10-g2b-sheheen-51-pcgs-very-fine-20/a/3539-19990.s?ic4=ListView-Thumbnail-071515)

Lot 20215: Confederate States of America - T39 $100 1862

Lot 20215 Confederate States of America - T39 $100 front

Lot 20215 Confederate States of America - T39 $100 back

Rare "Red Fantasy Back" T39 $100-Once a Rare Confederate "Type"

Confederate States of America - T39 $100 1862 PF-2, Cr. 289, Cr. UNL. "Fantasy Back." PCGS About New 53.

Confederate T39 and T40 $100 "Trains" are a specialty with the most varieties and ephemeral associations. J.T. Paterson & Co., Columbia, S.C. printed these types. This is the standard design, showing a train heading west with steam rising straight up from the locomotive at top center. A milkmaid balancing her pail on her head is at lower left. Plate Ad, serial number 1321.

The note has an added red "Funny Back" that was considered contemporary and proper in the 1880s. According to some auction records from the late 19th century, this red-back "type" was considered rarer than T1 or T2. This is a choice example and very collectible. This is a key "Funny" or fantasy back type due to its former status over a century ago.

I told myself "I have that one" when I saw the front, but I've never had one of these fantasy backs. Do we know now whodunit? -Editor

To read the complete lot description, see:
Confederate States of America - T39 $100 1862 PF-2, Cr. 289, Cr. UNL. "Fantasy Back." (http://currency.ha.com/itm/confederate-notes/confederate-states-of-america-t39-100-1862-pf-2-cr-289-cr-unl-fantasy-back-pcgs-about-new-53/a/3539-20215.s?ic4=ListView-Thumbnail-071515)



Wayne Homren, Editor

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