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- Confederate States of America - T7 1861 $100 PF-4, Cr. 11. PCGS Very Choice New 64PPQ. The Federal government seized the Montgomery plates in New York, and the demand for more paper money led to the printing of lithographed notes by Hoyer & Ludwig. These second series notes did not pay interest. The circulation increase made it impossible for the Register and the Treasurer to actually sign all the notes. This led to substitute officials or "for the" signers. The July 25, 1861 $100, printed on thin paper, is very scarce in high grades. But this is a beautifully framed, boldly impressed, nearly Gem note. At the center, the mythological mother and daughter Ceres and Proserpina fly through the air with agricultural tools and a brimming cornucopia. A framed oval portrait of Washington is at lower left. This is gorgeous type note and one of the finest looking examples we have encountered. Ex: Eric P. Newman Numismatic Education Society Realized $3055.00. Newman VII (Heritage Auctions, 10/2015), lot 18770. Description courtesy of Heritage Auctions.
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- Confederate States of America - T7 1861 $100 PF-4, Cr. 11. PCGS Very Choice New 64PPQ. The Federal government seized the Montgomery plates in New York, and the demand for more paper money led to the printing of lithographed notes by Hoyer & Ludwig. These second series notes did not pay interest. The circulation increase made it impossible for the Register and the Treasurer to actually sign all the notes. This led to substitute officials or "for the" signers. The July 25, 1861 $100, printed on thin paper, is very scarce in high grades. But this is a beautifully framed, boldly impressed, nearly Gem note. At the center, the mythological mother and daughter Ceres and Proserpina fly through the air with agricultural tools and a brimming cornucopia. A framed oval portrait of Washington is at lower left. This is gorgeous type note and one of the finest looking examples we have encountered. Ex: Eric P. Newman Numismatic Education Society Realized $3055.00. Newman VII (Heritage Auctions, 10/2015), lot 18770. Description courtesy of Heritage Auctions.
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- Confederate States of America - T6 1861 $50 PF-1, Cr. 6. PCGS Gem New 66PPQ. The Act of March 3, 1861 amended Act of August 3, 1861 Richmond notes are another handsome series of intaglio engraved and printed notes. The $50 and $100 notes were printed from two-subject plates engraved by the Southern Bank Note Company, New-Orleans using the Rawdon, Wright, Hatch & Edson dies and tints from the former office. Like the $50 and $100 Montgomery notes, they paid interest. This is a striking engraved note using an additional green tint plate. Under the arced title at center, Industry holds a spool of thread and a shuttle as she rests her foot on two books. Agriculture, with her arm around Industry's shoulder, holds a caduceus. Justice, with scales and sword, is at the left. An oval portrait of Washington is at the right between two "50" counters. A green bottom center guilloche with micro-lettering has FIFTY across, and hexagonal "L" dies flank the denomination. Hand dated, numbered and signed by Tyler and Elmore. The back has a lightly penned paid endorsement. There were 5,798 notes issued. With its broad margins and vibrant color, this is one of the finest known examples. An exceptional T6 $50 representing this two-note series perfectly. Ex: Eric P. Newman Numismatic Education Society Realized $18800.00. Newman VII (Heritage Auctions, 10/2015), lot 18769. Description courtesy of Heritage Auctions.
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- Confederate States of America - T3 1861 $100 Montgomery Issue PF-2, Cr. 3. PCGS About New 53PPQ. The third Newman-Green Montgomery note is a beautiful example from the second $50-$100 printing of 999 notes each. These notes barely escaped seizure in New York before being shipped to the Confederacy. The additional printing made a total of 1606 $100 Montgomery notes issued, with a greater percentage known from this second printing than the first. The eye appeal complements the $1000 and $500 from the "Colonel" Green set with vibrant color, deep printing and excellent margins. The interest-bearing note paid "interest at one cent per day." The National Bank Note Company engraving and color tinting work is superb. Artistically, it is on a par with the United States $100 "Spread Eagle" Legal Tender note issued the next year. A green frame is all around the note with the patent date at bottom left and imprint at bottom right. There is a horizontal guilloche band of cycloidal repeating denominations. At the upper left is a "C" protector. An energetic rendering of a railroad station is under the arced title. To the left of the train, workmen are on the loading dock with barrels, sacks and milk jugs. To the right of the train, passengers congregate on the platform. Stately Columbia, holding a crown of laurel leaves, is at the left. The fasces and one of her feet appear to protrude beyond the edge of the counter block below, casting shadows. The counter at upper right is composed of overlapping rounded edge hexagons with an outlined numeral at center, and textual denomination arcing above and"100" outlined in the center. Hand dated except for the engraved "18" and lines for two signatures across, Alexander B. Clitherall as register and E.C. Elmore as treasurer. Plate letter A, Machine numeral 1141. The back pen endorsement that issued the note is dated "June 17, 1861." There are approximately 190 $100 Montgomery notes known in all grades ranging from well circulated to Choice New condition. This well-framed, pleasing example is an ideal representative from this historic series of American currency. Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman; Eric P. Newman Numismatic Education Society. Realized $29375.00. Newman VII (Heritage Auctions, 10/2015), lot 18768. Description courtesy of Heritage Auctions.
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- Confederate States of America - T3 1861 $100 Montgomery Issue PF-2, Cr. 3. PCGS About New 53PPQ. The third Newman-Green Montgomery note is a beautiful example from the second $50-$100 printing of 999 notes each. These notes barely escaped seizure in New York before being shipped to the Confederacy. The additional printing made a total of 1606 $100 Montgomery notes issued, with a greater percentage known from this second printing than the first. The eye appeal complements the $1000 and $500 from the "Colonel" Green set with vibrant color, deep printing and excellent margins. The interest-bearing note paid "interest at one cent per day." The National Bank Note Company engraving and color tinting work is superb. Artistically, it is on a par with the United States $100 "Spread Eagle" Legal Tender note issued the next year. A green frame is all around the note with the patent date at bottom left and imprint at bottom right. There is a horizontal guilloche band of cycloidal repeating denominations. At the upper left is a "C" protector. An energetic rendering of a railroad station is under the arced title. To the left of the train, workmen are on the loading dock with barrels, sacks and milk jugs. To the right of the train, passengers congregate on the platform. Stately Columbia, holding a crown of laurel leaves, is at the left. The fasces and one of her feet appear to protrude beyond the edge of the counter block below, casting shadows. The counter at upper right is composed of overlapping rounded edge hexagons with an outlined numeral at center, and textual denomination arcing above and"100" outlined in the center. Hand dated except for the engraved "18" and lines for two signatures across, Alexander B. Clitherall as register and E.C. Elmore as treasurer. Plate letter A, Machine numeral 1141. The back pen endorsement that issued the note is dated "June 17, 1861." There are approximately 190 $100 Montgomery notes known in all grades ranging from well circulated to Choice New condition. This well-framed, pleasing example is an ideal representative from this historic series of American currency. Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman; Eric P. Newman Numismatic Education Society. Realized $29375.00. Newman VII (Heritage Auctions, 10/2015), lot 18768. Description courtesy of Heritage Auctions.
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- Confederate States of America - T2 1861 $500 Montgomery Issue PF-1, Cr. 2. PCGS Very Fine 35PPQ. As with the $1000, only 607 notes printed, and approximately 120 exist today. This Newman-Green $500 Montgomery is another impressive example boasting tremendous eye appeal. Like the others notes from the series, this was an interest-bearing instrument paying "five cents per day," only up to "Twelve Months After Date." The $500 is arguably the most pleasing design, with inspired vignettes by the National Bank Note Company. At top center is the classic vignette, The Crossing, attributed to James D. Smillie, but not verified. A train crosses a stone bridge in the background, while a man on horseback drives cattle down a hill to the stream. Another worker, standing in the water and holding a cattle prod, finishes rolling up his pant legs. The vignette appears on several Obsolete banknotes from the period. The full green tinting is different on this note, with micro-numerals on three sides of the frame and patent dates and imprint information along the bottom. Both ends have color micro-numeral ovals surrounding vignettes and dies. At the lower left in the tint is a dramatic depiction of Agriculture seated on a barrel. The upper corners counters composed of overlapping rounded edge hexagons, with an outlined numeral in center and textual denomination arcing above. The left shows a "D" and the right shows a "500." The title begins at the inside edge of the left panel and crosses into the right panel. Hand dated except for the engraved "18" and lines for two signatures across, Alexander B. Clitherall as register and E.C. Elmore as treasurer. Plate letter A. Machine numeral 72. The endorsement on the back is similar to that on the T1 previous: "New Orleans June 3rd, 1861 / [signed] A. J. Guirot / Assis. Treas. CS" accomplished in fine script. For many decades, collectors and scholars argued which Confederate type was the rarest. The current census records 137 notes in all grades. However, according to J. Wayne Hilton's detailed reference, he considers the T2 $500 as the rarest type based on auction appearances. With that in mind, perhaps the type has been underappreciated in recent decades. This is a gorgeous PPQ note. The color tinting and dark inked contrast are very attractive. The complete margins on all sides include three that are broad, with only the left close to the printed portion. This note apparently has never been publicly auctioned. However, it has been included on the Montgomery census, compiled by several scholars and dealers, for decades. Now, this impressive $500 Montgomery will become an esteemed member of a new auspicious collection. Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman; Eric P. Newman Numismatic Education Society. Realized $50525.00. Newman VII (Heritage Auctions, 10/2015), lot 18767. Description courtesy of Heritage Auctions.
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- Confederate States of America - T2 1861 $500 Montgomery Issue PF-1, Cr. 2. PCGS Very Fine 35PPQ. As with the $1000, only 607 notes printed, and approximately 120 exist today. This Newman-Green $500 Montgomery is another impressive example boasting tremendous eye appeal. Like the others notes from the series, this was an interest-bearing instrument paying "five cents per day," only up to "Twelve Months After Date." The $500 is arguably the most pleasing design, with inspired vignettes by the National Bank Note Company. At top center is the classic vignette, The Crossing, attributed to James D. Smillie, but not verified. A train crosses a stone bridge in the background, while a man on horseback drives cattle down a hill to the stream. Another worker, standing in the water and holding a cattle prod, finishes rolling up his pant legs. The vignette appears on several Obsolete banknotes from the period. The full green tinting is different on this note, with micro-numerals on three sides of the frame and patent dates and imprint information along the bottom. Both ends have color micro-numeral ovals surrounding vignettes and dies. At the lower left in the tint is a dramatic depiction of Agriculture seated on a barrel. The upper corners counters composed of overlapping rounded edge hexagons, with an outlined numeral in center and textual denomination arcing above. The left shows a "D" and the right shows a "500." The title begins at the inside edge of the left panel and crosses into the right panel. Hand dated except for the engraved "18" and lines for two signatures across, Alexander B. Clitherall as register and E.C. Elmore as treasurer. Plate letter A. Machine numeral 72. The endorsement on the back is similar to that on the T1 previous: "New Orleans June 3rd, 1861 / [signed] A. J. Guirot / Assis. Treas. CS" accomplished in fine script. For many decades, collectors and scholars argued which Confederate type was the rarest. The current census records 137 notes in all grades. However, according to J. Wayne Hilton's detailed reference, he considers the T2 $500 as the rarest type based on auction appearances. With that in mind, perhaps the type has been underappreciated in recent decades. This is a gorgeous PPQ note. The color tinting and dark inked contrast are very attractive. The complete margins on all sides include three that are broad, with only the left close to the printed portion. This note apparently has never been publicly auctioned. However, it has been included on the Montgomery census, compiled by several scholars and dealers, for decades. Now, this impressive $500 Montgomery will become an esteemed member of a new auspicious collection. Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman; Eric P. Newman Numismatic Education Society. Realized $50525.00. Newman VII (Heritage Auctions, 10/2015), lot 18767. Description courtesy of Heritage Auctions.
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- Whitewater, WI - Bank of Whitewater $3 18__ WI-880 G4a. Proof. PCGS Choice About New 58. This title has the distinction of being the final state bank listed in Haxby. A very striking green tinted full color proof on India paper engraved and printed by Rawdon, Wright, Hatch & Edson, New-York from an unusual two-subject $1-$3 plate. This $3 is from the Newman Wisconsin collection album and not part of the proof sheets. A very fine green lace covers the note. At top center the arced title and bowled THREE outlined in white form an oval. Within, as seen on Sheboygan's German Bank $1 note, a milkmaid places flowers on her bonnet. Cows are at left, and a dog sits by her pail at the right. A train vignette is at the lower right in the outlined oval in the tint. The Haxby plate note was from the British American Banknote Company Archives and sold in the first September 2009 Krause auction for $3,450. We note there are no hole punch cancels and there is barely discernable handling. This distinctive full green proof provides a fitting close to a historic offering of Wisconsin Obsolete notes and proofs in this Newman Part VII sale. Ex: Eric P. Newman Numismatic Education Society Realized $1762.50. Newman VII (Heritage Auctions, 10/2015), lot 18765. Description courtesy of Heritage Auctions.
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- Whitewater, WI - Merchants and Mechanics Bank $1 18__ WI-875 G2a. Proof. PCGS Gem New 65. The second-to-last Wisconsin proof note in this second Newman Collection paper currency sale is a very beautiful example. Engraved and printed by Wellstood, Hay & Whiting, New-York on India paper from the $1-$2 plate. Another exceptional full color tint note with light orange across in a micro-lettered ONE pattern. Half the frame and the upper right counters are a deeper vermillion. The central vignette of Finding the Red Ear depicts a game where the lucky cornhusker gets to give someone a kiss. Judging by the pile of husks, the group has been at this task for quite a while. While the young man seems pleased, the young lady appears reticent. An elaborate "1" counter appears in an oval at the upper left, with a Native American man on one side and an Agriculture on the other. At lower right, a train travels through the countryside. The Krause Collection contained a $1 bond paper Specimen of this type. The $2 proof from the sheet, graded PCGS Very Choice New 64 Apparent, realized $4,935 at the Newman Part VI sale. Noted as "Hole Punch Cancelled" as made. This extreme rarity has vibrant color. Ex: Eric P. Newman Numismatic Education Society Realized $2702.50. Newman VII (Heritage Auctions, 10/2015), lot 18764. Description courtesy of Heritage Auctions.
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- Whitewater, WI - Bank of Whitewater $3 18__ WI-880 G4a. Proof. PCGS Choice About New 58. This title has the distinction of being the final state bank listed in Haxby. A very striking green tinted full color proof on India paper engraved and printed by Rawdon, Wright, Hatch & Edson, New-York from an unusual two-subject $1-$3 plate. This $3 is from the Newman Wisconsin collection album and not part of the proof sheets. A very fine green lace covers the note. At top center the arced title and bowled THREE outlined in white form an oval. Within, as seen on Sheboygan's German Bank $1 note, a milkmaid places flowers on her bonnet. Cows are at left, and a dog sits by her pail at the right. A train vignette is at the lower right in the outlined oval in the tint. The Haxby plate note was from the British American Banknote Company Archives and sold in the first September 2009 Krause auction for $3,450. We note there are no hole punch cancels and there is barely discernable handling. This distinctive full green proof provides a fitting close to a historic offering of Wisconsin Obsolete notes and proofs in this Newman Part VII sale. Ex: Eric P. Newman Numismatic Education Society Realized $1762.50. Newman VII (Heritage Auctions, 10/2015), lot 18765. Description courtesy of Heritage Auctions.