Heritage Auctions will be hosting their FUN U.S. Currency Auction from January 13-16. Select items from the Curators' Picks are discussed below.
-Garrett
T5 $100 1861 PF-1 Cr. 5 PMG Choice Uncirculated 64 EPQ.
This note was designed, engraved, and printed by the New Orleans
branch of the ABNCo under the banner of the Southern Bank Note
Company, a trade name from the 1840s dusted off to provide some
cover from negative publicity for the parent company in New York.
The tiny New Orleans office was ill-suited to design and produce
new designs in volume, and deliveries stretched out into August and
September 1861 before production and design efforts were shifted to
other lower denominations needed by the Confederacy. Only 5,798
notes were issued as a result, and this well printed intaglio
engraved design is one of the keys to the Confederate series. A
lovely addition to any Confederate collection.
To read the complete item description, see:
T5 $100 1861 PF-1 Cr. 5 PMG Choice Uncirculated 64 EPQ.
(https://currency.ha.com/itm/confederate-notes/1861-issues/t5-100-1861-pf-1-cr-5-pmg-choice-uncirculated-64-epq/a/3600-20027.s)
Canton, MA- Neponset Bank $20 Feb. 1, 186__ G34a PCGS Banknote
About Unc 55.
The bank was incorporated in 1836 and remained in business until
succeeded by the Neponset National Bank of Canton in December 1864.
The word "spectacular" probably comes closest to describing this
note's visual appeal. ABNCo made lavish use of color with vibrant
red end panels containing vignettes of children feeding a foal at
left and another titled The Calmady Children based on a
painting by Sir Thomas Lawrence at right. The center of the note is
covered by an overall red tint and a gray TWENTY DOLLARS security
panel. Printed on India paper, the note has four POCs in the
signature lines. The note serves as the plate note in the Whitman
catalog and likely filled the same role in the Haxby catalog. This
appearance marks our first offering of this striking note which
Bowers pegs as one of two surviving examples known in Proof
form. From The Charles River Collection
To read the complete item description, see:
Canton, MA- Neponset Bank $20 Feb. 1, 186__ G34a PCGS Banknote
About Unc 55.
(https://currency.ha.com/itm/obsoletes-by-state/massachusetts/canton-ma-neponset-bank-20-feb-1-186-g34a-pcgs-banknote-about-unc-55/a/3600-20091.s)
Taunton, MA- Taunton Bank $500 18__ as G130a Proof PMG About
Uncirculated 50.
The bank was incorporated in 1812 and remained in business until
becoming the Taunton National Bank in 1865. Printed and designed by
National Bank Note Company, this $500 design features a fantastic
eagle vignette that was also used on the first $100 United States
Legal Tender notes (Fr. 165-167b). An oval male portrait, taken
from life, is at lower right and an intricate green protector panel
and border as well as two ornate black 500 counters complete the
design. The note is printed on India paper, with minor stains and
equally minor edge tears, mounted on cardstock with five POCs in
the signature lines. All high denomination color Proofs are both
excessively rare and popular with collectors and this note's great
provenance, once being part of The Eric P. Newman Collection, will
also stoke interest. This marks the third time we have offered this
note in the last decade. The prices realized have been volatile,
bringing $30,550 in 2015 and $13,200 in 2020. We believe that this
third offering should settle someplace in between those two price
levels in today's market environment. From The Charles River Collection
To read the complete item description, see:
Taunton, MA- Taunton Bank $500 18__ as G130a Proof PMG About
Uncirculated 50.
(https://currency.ha.com/itm/obsoletes-by-state/massachusetts/taunton-ma-taunton-bank-500-18-as-g130a-proof-pmg-about-uncirculated-50/a/3600-20155.s)
Charlottesville, VA- Monticello Bank $9 July 1, 1861 G19a PMG
Very Fine 20.
The Monticello Bank was established on March 22, 1853, under
Virginia's Free Banking Law. A successful period of operations
followed, and in 1865, this concern shuttered its doors to make way
for the Charlottesville National Bank, charter 1468. Well-known
amongst the collecting community for its eye-catching, colorful
notes, this institution also emitted several odd denomination
examples in the form of $6, $7, $8, and $9 notes. This $9, produced
by Danforth, Wright & Co., is a marvelous representative of an
excessively rare type. At left, Proserpina clutches a
cornucopia, at center, livestock drink from a pond under the
watchful eyes of several farmers, and at right, Virtus
stands over her fallen enemy in an illustration of the Virginia
state seal. A large, ornate red "NINE" overprint is observed at
lower center. While we have offered a small number of $6s and $7s
over the past half decade, a $9 from this organization has not
crossed our auction block since July 2020, when a PMG 15 certified
piece brought $9,000. Prior to that offering, we had only auctioned
one other representative of this design and denomination, a PCGS
Apparent VF 20 graded note which fetched $8,225. Based on these
realizations, we will estimate quite conservatively, but we could
very well see spirited bidding which will propel this example's
price beyond our evaluation. PMG comments on several
inconsequential annotations and pinholes.
To read the complete item description, see:
Charlottesville, VA- Monticello Bank $9 July 1, 1861 G19a PMG
Very Fine 20.
(https://currency.ha.com/itm/obsoletes-by-state/virginia/charlottesville-va-monticello-bank-9-july-1-1861-g19a-pmg-very-fine-20/a/3600-20189.s)
Jackson, MS - $5 1882 Brown Back Fr. 467 The First National Bank
Ch. # 3332 PMG Very Fine 30.
A spectacular capital city Brown Back, this piece is making its
first public appearance since our 2005 FUN auction where we said,
"A note which truly offers everything a collector of National Bank
Notes could ever desire. It is making its first appearance on the
market in forty-nine years, having last appeared as part of lot 287
of New Netherlands' T. James Clarke collection, sold in April of
1956. Why it was in a group lot we have no idea, since the
cataloger identified it as "really rare" and took pains to point
out the "Ornate embellishment of the bank title and plate make up."
It's the only fancy layout Brown Back we've ever seen or heard of
from any Mississippi bank and the only Brown Back of any
denomination known from the state capital." Since then, one other
$5 Brown Back has surfaced from this charter, but it does not bear
the fancy "Circus Poster" style layout. In the halcyon days of
2005, this great note fetched a strong $34,500. While we do not
expect that type of realization tonight, this pen-signed beauty is
rare and desirable enough to still bring a strong five-figure
price.
To read the complete item description, see:
Jackson, MS - $5 1882 Brown Back Fr. 467 The First National Bank
Ch. # 3332 PMG Very Fine 30.
(https://currency.ha.com/itm/national-bank-notes/mississippi/jackson-ms-5-1882-brown-back-fr-467-the-first-national-bank-ch-3332-pmg-very-fine-30/a/3600-20539.s)
Lima, OH - $5 1882 Brown Back Fr. 477 The American National Bank
Ch. # 5125 PMG About Uncirculated 55 EPQ.
This wonderful Ohio rarity is a true miracle of survival. It comes
from a very short-lived Allen County bank that was only in business
for ten months from June of 1898 until April of 1899. During that
brief time, its total issuance was only $23,000 and, by 1910, it
had just $295 outstanding. This lovely note is the only known
survivor from this very rare charter and is making its first public
appearance since we auctioned it as part of The Lowell Yoder
Collection in 2009. It is as pretty as it is rare, with only the
lightest of centerfolds removing it from the Gem category. As we
said over fifteen years ago, this is truly a note fit for the
finest of collections.
To read the complete item description, see:
Lima, OH - $5 1882 Brown Back Fr. 477 The American National Bank
Ch. # 5125 PMG About Uncirculated 55 EPQ.
(https://currency.ha.com/itm/national-bank-notes/ohio/lima-oh-5-1882-brown-back-fr-477-the-american-national-bank-ch-5125-pmg-about-uncirculated-55-epq/a/3600-20726.s)
Fr. 346e Hessler 1411 (H1411FD) $1,000 1891 Silver Certificate
Face/Front Proof PMG Choice Uncirculated 63 EPQ.
A beautiful Face Proof with a stunning design that was printed on
India paper. The portrait at left is of Liberty, who bears a
striking resemblance to stage actress Josie Mansfield, the paramour
of robber baron and patron of the arts, "Jubilee Jim" Fisk or if
you like, the "Barnum of Wall Street." Fisk was murdered by another
one of Ms. Mansfield's suitors and Fisk's business partner, Ned
Stokes, in 1872. Stokes would endure three trials before being
found guilty of manslaughter and sentenced to four years in prison.
The portrait at right is of William L. Marcy, life-long politician,
with stops as governor of New York, 1833-1839; United States
Secretary of War, 1845-1849; and United States Secretary of State,
1853-1857. The actual Proof impression is flawless, with PMG
mentioning that the impression is unaffected by an issue in the
selvage, which is minor handling and a penciled "(9)" at back upper
right.
There are only two issued notes of this design known. One is held
by the Smithsonian Institution, and the other Fr. 346e is in
private hands, being ex: Amon Carter and Joel Anderson. The
Carter-Anderson issued example sold for $1,920,000 in 2019. As far
as Proofs are concerned, Hessler was aware of only three examples,
all face designs. Tonight is an exciting opportunity to add this
Friedberg number to your collection.
To read the complete item description, see:
Fr. 346e Hessler 1411 (H1411FD) $1,000 1891 Silver Certificate
Face/Front Proof PMG Choice Uncirculated 63 EPQ.
(https://currency.ha.com/itm/large-size/silver-certificates/fr-346e-hessler-1411-h1411fd-1-000-1891-silver-certificate-face-front-proof-pmg-choice-uncirculated-63-epq/a/3600-22117.s)
Wayne Homren, Editor
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