Maureen Levine submitted these selections from the upcoming Heritage internet-only sale of items from the Eric P. Newman collection.
Thanks! Obsolete currency is a favorite area of mine, particularly the small-change emergency notes of the Civil War such as the first
note shown below. -Editor
The Newman Obsolete notes provide a fascinating panorama of 19th century American life and values. Their vignettes are often stunning
little pieces of art that can be held in one hand. Although many notes share common themes, they are portrayed in a wide variety of styles.
The three pairs of notes below show very different treatments of the same theme: transportation, hunting, and rural life. Complete
descriptions are available by clicking the links.
Compare the stellar Bank of Athens 75 cents Civil War emergency change bill with the Georgia Rail Road & Banking Co. $5 below it. Both
show a common transportation theme. Despite its necessary simplicity, showing only a rudimentary depiction of a train, the change bill is
bold and colorful.
Athens, GA - Bank of Athens 75 Cents March 25, 1863
Athens, GA - Bank of Athens 75 Cents March 25, 1863 GA-5 G38. PCGS About New 50.
A much scarcer Civil War emergency change bill type from the bank, and it is in stellar condition. Printed on white paper without an
imprint. A train is across the top between the location and date. Deep red protectors, numerals and text provide contrast. The average
grade for a note from this tough-to-find series is Fine or so, when they are occasionally encountered. This might be the finest note
known from the series.
To read the complete lot description, see:
Athens, GA - Bank of Athens 75 Cents March 25, 1863 GA-5 G38.
(http://currency.ha.com/itm/obsolete-banknotes/athens-ga-bank-of-athens-75-cents-march-25-1863-ga-5-g38-pcgs-about-new-50/a/241618-86489.s?ic4=GalleryView-Thumbnail-071515)
This intricate proof shows a highly detailed top center view of a train passing by a depot. Zooming in on the vignette in the left end
panel shows an early passenger train with people riding on top of the cars: a smoke-filled and possibly perilous journey.
Athens, GA - Georgia Rail Road & Banking Co. $5
Athens, GA - Georgia Rail Road & Banking Co. $5 18__ GA-10 G24. Proof. PCGS Choice About New 58 Apparent.
This is a bold India paper proof by Underwood, Bald, Spencer & Hufty, and the second denomination from the Newman Collection we have
cataloged from this very rare series. The original 1833 charter was for a railroad headquartered in Athens. That charter was amended in
1835 to allow for the company to operate a bank, and in 1840 the company's headquarters was moved from Athens to Augusta. The main
vignette at top center shows a train and cars rolling down the tracks past a two-story depot office. At the left end is an early train in
an oval. The right end panel shows a perpendicular FIVE on a background that resembles carved scrollwork. This is a great rarity.
To read the complete lot description, see:
Athens, GA - Georgia Rail Road & Banking Co. $5 18__ GA-10 G24. Proof.
(http://currency.ha.com/itm/obsoletes-by-state/georgia/athens-ga-georgia-rail-road-and-banking-co-5-18-ga-10-g24-proof-pcgs-choice-about-new-58-apparent/a/241618-86490.s?ic4=GalleryView-Thumbnail-071515)
Two very different types of hunting are shown in the next pair of notes. The green-tinted Mendenhall 5 cents has a very unusual layout
with four scenes in the corners showing a day of deer hunting. It has a charming, stylized appearance.
Minneapolis, MN - Office of R. J. Mendenhall 5 Cents
Minneapolis, MN - Office of R. J. Mendenhall 5 Cents January 1, 1862 Hewitt A210-F5-1. Remainder.
This extremely rare scrip note is the Hewitt plate note. He reports only two examples on his census. A dazzling note, lithographed by
Corlies & Macy, with the green "5" starburst in the center amplified by the green lace tint radiating outward. The text and
obligations are contained within a modified football-shaped border. Hunting vignettes are outside, with the main events in the corners.
Clockwise from upper left are: a stalking dog, an alert buck, a standing hunter, and a hunter taking a shot as his dog stands by.
To read the complete lot description, see:
Minneapolis, MN - Office of R. J. Mendenhall 5 Cents January 1, 1862 Hewitt A210-F5-1.
(http://currency.ha.com/itm/obsoletes-by-state/minnesota/minneapolis-mn-office-of-r-j-mendenhall-5-cents-january-1-1862-hewitt-a210-f5-1-remainder-pcgs-very-fine-35-apparent/a/241618-86791.s?ic4=GalleryView-Thumbnail-071515)
The dynamic Northhousen note could not be more different. A Native American holds the reins of his galloping horse with one hand as he
spears the bison. The animals’ hooves have stirred up the dust and trampled the grass.
Northhousen, WI - Buffalo County Bank $1
Northhousen, WI - Buffalo County Bank $1 185_ WI-600 G2a. Proof. PCGS Very Choice New 64.
An important proof from one of Wisconsin rarest banks. This is an exceptionally graphic India paper proof engraved and printed by
Toppan, Carpenter & Co., New York & Phila. from a $1A-$1B-$5-$10 configured sheet. This is the last available proof in private hands. The
bank never opened, but spared no expense in producing one of the most visual Badger State series. The $1 proof uses a vermillion title at
the left and large color counter at the upper right. At the bottom left is a wide hunting scene set on the plains, showing the moment the
Indian on his galloping horse spears the buffalo. At the upper right, two beavers busily gnaw on branches. Hole Punch Cancelled as
made.
To read the complete lot description, see:
Northhousen, WI - Buffalo County Bank $1 185_ WI-600 G2a. Proof.
(http://currency.ha.com/itm/obsoletes-by-state/wisconsin/northhousen-wi-buffalo-county-bank-1-185-wi-600-g2a-proof-pcgs-very-choice-new-64/a/241618-87256.s?ic4=GalleryView-Thumbnail-071515)
Rural life and its chores are often featured on Obsolete currency. The Franklin Bank of Washington $5 proof shows an unusual vignette of
a man shearing a sheep in the left end panel.
Washington, PA - Franklin Bank of Washington $5
Washington, PA - Franklin Bank of Washington $5 18__ PA-685 G2, Hoober 426-1. Proof. PCGS Very Choice New 64PPQ.
A choice Underwood, Bald, Spencer & Hufty India paper proof from a rare bank. A drover's scene is at top center under the arced
county name. Cameo-head counters are flanking and the title and denomination are below. Oval vignettes are between corner counters at the
ends: at left, a man shearing a sheep and at right, a barefoot farm boy carrying a shovel and a lunch basket. Noted as "Hole Punch
Cancelled" as made. A gorgeous impression.
To read the complete lot description, see:
Washington, PA - Franklin Bank of Washington $5 18__ PA-685 G2, Hoober 426-1. Proof.
(http://currency.ha.com/itm/obsoletes-by-state/pennsylvania/washington-pa-franklin-bank-of-washington-5-18-pa-685-g2-hoober-426-1-proof-pcgs-very-choice-new-64ppq/a/241618-87051.s?ic4=GalleryView-Thumbnail-071515)
On the Farmers Bank of Somerset & Worcester $5, the layout and style are quite different. This note shows a particularly delightful
signed vignette of a seated man fishing while sheltered by an elaborately engraved tree. Sheep graze on the opposite bank below the
farmhouse.
Snow Hill, MD - Farmers Bank of Somerset & Worcester $5
Snow Hill, MD - Farmers Bank of Somerset & Worcester $5 February 11, 1813 MD-295 G18 SENC, Shank 128.2.3. PCGS Very Fine 20
Apparent.
The bank was short-lived and the notes are very rare. This is another Shank Plate Note loaned from the Newman Collection for
illustration in the book. William Harrison of Philadelphia engraved this enchanting $5 note. At top center, framed by the branches of a
large tree, a seated man fishes as sheep graze on the opposite bank. Numerical counters are flanking at the top, and a "V" is
seen at the base. A fascinating issued note of great importance.
To read the complete lot description, see:
Snow Hill, MD - Farmers Bank of Somerset & Worcester $5 February 11, 1813 MD-295
(http://currency.ha.com/itm/obsoletes-by-state/maryland/snow-hill-md-farmers-bank-of-somerset-and-worcester-5-february-11-1813-md-295-g18-senc-shank-12823-pcgs-very-fine-20-ap/a/241618-86738.s?ic4=GalleryView-Thumbnail-071515)
To view the downloadable auction catalog, please visit:
http://currency.ha.com/c/catalog-print.zx?saleNo=241618&ic5=CatalogHome-AucType-PrintableCatalog-071515
To read the earlier E-Sylum article, see:
SELECTIONS FROM HERITAGE NEWMAN INTERNET PART 1 SALE
(www.coinbooks.org/esylum_v19n12a22.html)
Archives International Auctions, Part XXXII
U.S., Chinese, Russian & Worldwide Banknotes,
Scripophily and Coins
April 11-13, 2016
Click the links! Highlights include:
Lot 62:
French Guiana. 5 New Francs 1961 Provincial Issue
Lot 85:
Guadeloupe, 1 Noveau Franc on 100 Francs
Lot 104: Reserve
Bank of India "Persian Gulf Note"
Lot 111:
Government of Iraq 10 Dinars of King Faisal II
Lot 201: Philippine Islands Silver Certificate Unique Presentation Proof
Lot 255: Francis Spinner Letter, 1871.
Lot 479: Copper Printing Plate Engraved By William Kneass, Chief Engraver
Lot 499: U.S. Legal Tender Treasury Note, Unique Presentation Proof, $10, Series of 1890
Lot 1056: Lao 1948
Unlisted Color Trial Specimen Essay Banknote
Lot 1351:
Vladikavkaz Railroad Company 1919 Interest Bearing Loan Note Rarity
Lot 2053: Bank of China,
1918 "Tsining / Shangtung" Issue Rarity
Lot 2258:
Deutsch-Asiatische Bank, 1907 "Peking" Branch Rarity
Lot 2319: Peiyang Tientsin Bank,
ND (1910) Tael Issue
Lot 2263: Netherlands
Trading Society, 1909 Issued Banknote
Live Internet Bidding
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Wayne Homren, Editor
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