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- Providence, RI - Atlas Bank $1 Aug. 10, 1854 RI-255 G2a, Durand 990. PCGS Fine 12. Issued notes from the Atlas Bank are rare and, they are justifiably coveted due to the "Santa Claus" vignette appearing on the $1 denomination. The original plate for the series was engraved by Rawdon, Wright, Hatch & Edson/New England Bank Note Co. This is an earlier dated note and the plate has no added "ABC" imprint as observed on the Durand Collection we auctioned at the 2012 FUN Signature sale. Looking back cautiously, the winged cherub at top rolls an 1854 Seated Liberty dollar that is just about his size. At lower left, a cherub is incorporated into a gushing fountain. The oval at the lower right corner encloses the Durand Type II Santa Claus vignette (whether the art is by Rawdon, Hatch or James Major is not established). The whimsical scene shows Santa Claus with a present-filled sack. With his back to us, he turns his head as if interrupted while filling stockings, and makes the famous gesture of "laying his finger aside of his nose," as in the poem by Clement Clark Moore. A cat stands by aloofly. With a red protector ONE. This example has the low serial number 24, and the variant was not in the Roger H. Durand collection. His collection note, cited earlier, realized $5,463 graded PCGS Very Good 8. The Newman note shows the typical "New England" trimming, but is very attractive. This is a perfect representative of the Type II "Santa" notes, which are always difficult to obtain. Ex: Eric P. Newman Numismatic Education Society Realized $4230.00. Newman VII (Heritage Auctions, 10/2015), lot 18564. Description courtesy of Heritage Auctions.
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- Providence, RI - Atlas Bank $1 Aug. 10, 1854 RI-255 G2a, Durand 990. PCGS Fine 12. Issued notes from the Atlas Bank are rare and, they are justifiably coveted due to the "Santa Claus" vignette appearing on the $1 denomination. The original plate for the series was engraved by Rawdon, Wright, Hatch & Edson/New England Bank Note Co. This is an earlier dated note and the plate has no added "ABC" imprint as observed on the Durand Collection we auctioned at the 2012 FUN Signature sale. Looking back cautiously, the winged cherub at top rolls an 1854 Seated Liberty dollar that is just about his size. At lower left, a cherub is incorporated into a gushing fountain. The oval at the lower right corner encloses the Durand Type II Santa Claus vignette (whether the art is by Rawdon, Hatch or James Major is not established). The whimsical scene shows Santa Claus with a present-filled sack. With his back to us, he turns his head as if interrupted while filling stockings, and makes the famous gesture of "laying his finger aside of his nose," as in the poem by Clement Clark Moore. A cat stands by aloofly. With a red protector ONE. This example has the low serial number 24, and the variant was not in the Roger H. Durand collection. His collection note, cited earlier, realized $5,463 graded PCGS Very Good 8. The Newman note shows the typical "New England" trimming, but is very attractive. This is a perfect representative of the Type II "Santa" notes, which are always difficult to obtain. Ex: Eric P. Newman Numismatic Education Society Realized $4230.00. Newman VII (Heritage Auctions, 10/2015), lot 18564. Description courtesy of Heritage Auctions.
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- North Providence, RI - Peoples Bank $2 Jan. 1, 1848 RI-200-UNL, Durand-UNL. PCGS Very Fine 30 Apparent. The bank was founded in 1846, and this 1848 dated, issued note appears to be from an unreported, first series from the bank: This is remarkable. Rhode Island notes have been well researched and collected for decades. Roger H. Durand's Obsolete Notes and Scrip of Rhode Island and the Providence Plantations (1981, author in cooperation with the Society of Paper Money Collectors) set a high standard for the Wismer project books published by the SPMC. His genuine note listings are exhaustive, with period primary source research citing false notes. At first glance, this note has an altered appearance (around the title and city), but the bank may have ordered a quickly-produced New England Bank Note Co., Boston printing plate using easily reworked elements and vignettes. At top left, a large eagle, with wings spread wide, stands upon a rock. Gears and other items are on the ground. In the far distance, a train passes. Sailboats on a breezy day are in a circular frame at the lower right. The signatures, J.S. Tourtellot and C.F. Manchester, and other pen accomplishments all appear proper. Noted with "Tape Repaired Edge Tears; Mounting Remnants on Back; Small Holes." This is another fascinating discovery in the Newman Collection Obsolete notes and worthy of further examination. Ex: Eric P. Newman Numismatic Education Society Realized $881.25. Newman VII (Heritage Auctions, 10/2015), lot 18563. Description courtesy of Heritage Auctions.
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- North Providence, RI - Peoples Bank $2 Jan. 1, 1848 RI-200-UNL, Durand-UNL. PCGS Very Fine 30 Apparent. The bank was founded in 1846, and this 1848 dated, issued note appears to be from an unreported, first series from the bank: This is remarkable. Rhode Island notes have been well researched and collected for decades. Roger H. Durand's Obsolete Notes and Scrip of Rhode Island and the Providence Plantations (1981, author in cooperation with the Society of Paper Money Collectors) set a high standard for the Wismer project books published by the SPMC. His genuine note listings are exhaustive, with period primary source research citing false notes. At first glance, this note has an altered appearance (around the title and city), but the bank may have ordered a quickly-produced New England Bank Note Co., Boston printing plate using easily reworked elements and vignettes. At top left, a large eagle, with wings spread wide, stands upon a rock. Gears and other items are on the ground. In the far distance, a train passes. Sailboats on a breezy day are in a circular frame at the lower right. The signatures, J.S. Tourtellot and C.F. Manchester, and other pen accomplishments all appear proper. Noted with "Tape Repaired Edge Tears; Mounting Remnants on Back; Small Holes." This is another fascinating discovery in the Newman Collection Obsolete notes and worthy of further examination. Ex: Eric P. Newman Numismatic Education Society Realized $881.25. Newman VII (Heritage Auctions, 10/2015), lot 18563. Description courtesy of Heritage Auctions.
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- Coventry, RI - Bank of Kent $1.50 18__ RI-60 G11, Durand 242. Proof. PCGS Choice New 63. This is an impressive Abner Reed India paper proof. Not illustrated in Haxby or the Whitman Encyclopedia. This is the only example seen by us. It was not in the Abner Reed archive proof book, once owned by F.C.C. Boyd. The Reed book was disassembled in the late 1970s for eventual sale in 1983 (NASCA Abner Reed sale) and 1999 (Stack's Americana Sale.) The top central vignette of a textile machine appears on this series only. It is between two counters. End panels show the fractional denomination at top and bottom. At the left, the central cartouche shows the denomination in decimal format. At the right, the state name is within the cartouche. Noted as "Pen Cancelled," seen in the signature blocks only. Well-margined all around and with the faintest wisps of some foxing. A superb impression and denomination type. Ex: Eric P. Newman Numismatic Education Society Realized $734.38. Newman VII (Heritage Auctions, 10/2015), lot 18562. Description courtesy of Heritage Auctions.
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- Coventry, RI - Bank of Kent $1.50 18__ RI-60 G11, Durand 242. Proof. PCGS Choice New 63. This is an impressive Abner Reed India paper proof. Not illustrated in Haxby or the Whitman Encyclopedia. This is the only example seen by us. It was not in the Abner Reed archive proof book, once owned by F.C.C. Boyd. The Reed book was disassembled in the late 1970s for eventual sale in 1983 (NASCA Abner Reed sale) and 1999 (Stack's Americana Sale.) The top central vignette of a textile machine appears on this series only. It is between two counters. End panels show the fractional denomination at top and bottom. At the left, the central cartouche shows the denomination in decimal format. At the right, the state name is within the cartouche. Noted as "Pen Cancelled," seen in the signature blocks only. Well-margined all around and with the faintest wisps of some foxing. A superb impression and denomination type. Ex: Eric P. Newman Numismatic Education Society Realized $734.38. Newman VII (Heritage Auctions, 10/2015), lot 18562. Description courtesy of Heritage Auctions.
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- Bristol, RI - Bank of Bristol $10 Sept. 21, 1864 RI-20 G36 SENC, Durand 54. PCGS Very Fine 20 Apparent. The Bank of Bristol was incorporated in 1800, and this engraved early plate design by Murray, Draper, Fairman & Co. was carried forward for decades. This is one of the few issued notes known from a bank that voluntarily liquidated and redeemed their circulation. The late 1864-dated note used updated counters and color devices, reworking the original, almost fifty-year-old plate. The top central vignette was created for the series. The conflict between English settlers and Native Americans in 1675-6 is generally known as King Philip's War. Wampanoag sachem Metacom, also known as King Philip, was brutally assassinated at Mount Hope. A rock formation at the base, where Metacom sat as leader, is known as Metacom's Throne. He is shown seated at the top of the hill holding a bow. The intricate panel at the right remains from the earlier plate, and shows RHODE ISLAND in the cartouche. The left end has two different dies, "10" at bottom and "X" at the top, in lieu of the former spiral lathe work pattern. Red color counters flank the vignette and stylish protector TEN across the city, written date and written denomination. Noted with "Rust Stains from pinholes and Damage at Left." This is a very distinctive style and an extremely rare note. Ex: Eric P. Newman Numismatic Education Society Realized $881.25. Newman VII (Heritage Auctions, 10/2015), lot 18561. Description courtesy of Heritage Auctions.
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- Bristol, RI - Bank of Bristol $10 Sept. 21, 1864 RI-20 G36 SENC, Durand 54. PCGS Very Fine 20 Apparent. The Bank of Bristol was incorporated in 1800, and this engraved early plate design by Murray, Draper, Fairman & Co. was carried forward for decades. This is one of the few issued notes known from a bank that voluntarily liquidated and redeemed their circulation. The late 1864-dated note used updated counters and color devices, reworking the original, almost fifty-year-old plate. The top central vignette was created for the series. The conflict between English settlers and Native Americans in 1675-6 is generally known as King Philip's War. Wampanoag sachem Metacom, also known as King Philip, was brutally assassinated at Mount Hope. A rock formation at the base, where Metacom sat as leader, is known as Metacom's Throne. He is shown seated at the top of the hill holding a bow. The intricate panel at the right remains from the earlier plate, and shows RHODE ISLAND in the cartouche. The left end has two different dies, "10" at bottom and "X" at the top, in lieu of the former spiral lathe work pattern. Red color counters flank the vignette and stylish protector TEN across the city, written date and written denomination. Noted with "Rust Stains from pinholes and Damage at Left." This is a very distinctive style and an extremely rare note. Ex: Eric P. Newman Numismatic Education Society Realized $881.25. Newman VII (Heritage Auctions, 10/2015), lot 18561. Description courtesy of Heritage Auctions.
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- Ashaway, RI - Ashaway Bank $1 July 9, 1855 RI-15 G2 SENC, Durand 36. PCGS Very Fine 25. An exceedingly rare Danforth, Wright & Co. engraved and printed issued note from a bank that was all SENC in Haxby prior to the 1990 American Bank Note Company sale. The Whitman Encyclopedia, Volume 5 lists and plates only an issued $2 note from the Ashaway home series. It does not cite the two unique proof sheets with protectors that were in the 1990 American Banknote Company sale (lot 1800) and later appeared in the Schingoethe sales. There are only two $1 proofs known from those sheets, but this is the solitary issued $1 we have seen. There is a contemplative mood in the imagery used for this note. The Native American man at the top sits on a rock and gazes at the plow, sickle and sheaf of wheat that indicate the changing times. At lower left, a farmer with a thoughtful expression rests for lunch. At lower right is an oval portrait of a young, well-dressed woman. The red protector ONE has widely-spaced letters. A red stamped "N" at the upper right has a penned "X" across it. The meaning is unknown. The signatures are clear and bold. A lovely note. Ex: Eric P. Newman Numismatic Education Society Realized $705.00. Newman VII (Heritage Auctions, 10/2015), lot 18560. Description courtesy of Heritage Auctions.
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- Ashaway, RI - Ashaway Bank $1 July 9, 1855 RI-15 G2 SENC, Durand 36. PCGS Very Fine 25. An exceedingly rare Danforth, Wright & Co. engraved and printed issued note from a bank that was all SENC in Haxby prior to the 1990 American Bank Note Company sale. The Whitman Encyclopedia, Volume 5 lists and plates only an issued $2 note from the Ashaway home series. It does not cite the two unique proof sheets with protectors that were in the 1990 American Banknote Company sale (lot 1800) and later appeared in the Schingoethe sales. There are only two $1 proofs known from those sheets, but this is the solitary issued $1 we have seen. There is a contemplative mood in the imagery used for this note. The Native American man at the top sits on a rock and gazes at the plow, sickle and sheaf of wheat that indicate the changing times. At lower left, a farmer with a thoughtful expression rests for lunch. At lower right is an oval portrait of a young, well-dressed woman. The red protector ONE has widely-spaced letters. A red stamped "N" at the upper right has a penned "X" across it. The meaning is unknown. The signatures are clear and bold. A lovely note. Ex: Eric P. Newman Numismatic Education Society Realized $705.00. Newman VII (Heritage Auctions, 10/2015), lot 18560. Description courtesy of Heritage Auctions.