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Eric P. Newman Collection, Part X
Eliminar la restricciónColección: Eric P. Newman Collection, Part X
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- Descripción:
- (Jefferson City), MO - State of Missouri-Defence Warrant $10 Feby. 28th, 1862 Cr. Unlisted. PCGS Very Fine 25 Apparent. This 1862 Union Missouri Defence Warrant, discovered by Maureen Levine, has an unlisted, clearly recut "Feby.28th 1862" date. The size is smaller than Cr. UG1 and there is an engraved date of Feby. 28th 1862, at the right. This date is not the February 24, 1862 listed date that complies with a continuation of the authorization of the obligation on the note that they be "redeemed or paid in for taxes before the first day of December, 1862." The "8" is clearly recut with a portion of the "4" visible, but we have no explanation for the reason of this second date. Lithographed by A. McClean lith St. Louis. The Missouri State Arms is enclosed in flourishes at the lower left. Gothic titles are across the top, TEN DOLLARS in white within a black cartouche is below, and the obligation is at the bottom. At lower right is the same young girl's portrait used on Cr. UG1. The green TEN protector on this variety has a more decorative font with rounded details at the bottom. The Secretary of State's signature line is blank, and the note was signed by the auditor. Not pen cancelled on the face nor endorsed on the back as observed on the example in Newman Part VIII. This second 1862 engraved type might be rarer than the first and is Rarity-10 in Shull-Criswell. Noted by PCGS with "Repaired Tears at Left; Minor Stains." The faults are concealed at the left, and it faces up as a solid example. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20160, realized $3600.
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- St. Louis, MO - Treasurer of the City of St. Louis-City Treasury Warrant $2 June 1, 1861. PCGS Very Fine 25 Apparent. This series of notes was essential for the flourishing of St. Louis commerce at the onset of the Civil War, and Eric studied it closely to understand its many types and varieties. The state legislature authorized this issue, and the notes circulated for several years. They were receivable for taxes and city fees, making them essentially interest-free loan certificates. Their size and style made them easy to circulate. Based on serial numbers observed, it appears well over 100,000 notes were printed and issued. Most were heavily worn, and many have hole-cancels. The notes used numerous signature varieties and likely maintained the engraved date, but were issued continuously as needed. The commissioners who signed the notes were at first appointed officials. The legislature then ruled that elected treasurers would be the signatories. Notes were redeemed haphazardly, and incomplete records were kept. Some notes have no plate letters, like this example, and some have the letter "A." This may be a series letter rather than a plate position letter (no B, C or, D letters are observed). Contemporary counterfeit notes plagued the $3 denomination, but no false $1 and $2 notes have been observed by us. One of the finer-grade examples from the entire series he encountered over many decades. A beautiful, genuine $2 note engraved and printed by the American Bank Note Co., New-York. At bottom center, passengers are visible on the steamboat sailing past a bustling industrial area. Upper corners display "2" dies, and bottom corners show ornate frames enclosing printed serial numbers. No letter. No. 25346. Noted with a petty "Edge Split at Left." A beautiful, uncanceled example. Underrated and undervalued in this wonderful state of preservation. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20159, realized $840.
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- St. Louis, MO - Treasurer of the City of St. Louis-City Treasury Warrant $2 June 1, 1861. PCGS Very Fine 25 Apparent. This series of notes was essential for the flourishing of St. Louis commerce at the onset of the Civil War, and Eric studied it closely to understand its many types and varieties. The state legislature authorized this issue, and the notes circulated for several years. They were receivable for taxes and city fees, making them essentially interest-free loan certificates. Their size and style made them easy to circulate. Based on serial numbers observed, it appears well over 100,000 notes were printed and issued. Most were heavily worn, and many have hole-cancels. The notes used numerous signature varieties and likely maintained the engraved date, but were issued continuously as needed. The commissioners who signed the notes were at first appointed officials. The legislature then ruled that elected treasurers would be the signatories. Notes were redeemed haphazardly, and incomplete records were kept. Some notes have no plate letters, like this example, and some have the letter "A." This may be a series letter rather than a plate position letter (no B, C or, D letters are observed). Contemporary counterfeit notes plagued the $3 denomination, but no false $1 and $2 notes have been observed by us. One of the finer-grade examples from the entire series he encountered over many decades. A beautiful, genuine $2 note engraved and printed by the American Bank Note Co., New-York. At bottom center, passengers are visible on the steamboat sailing past a bustling industrial area. Upper corners display "2" dies, and bottom corners show ornate frames enclosing printed serial numbers. No letter. No. 25346. Noted with a petty "Edge Split at Left." A beautiful, uncanceled example. Underrated and undervalued in this wonderful state of preservation. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20159, realized $840.
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- St. Louis, MO � Treasurer of the City of St. Louis $1 Jan'y 2, 1843. PCGS Very Fine 25 Apparent. This may be the most important municipal issued note from Missouri. It is the only note from the series we have observed or cataloged and is possibly unique. The municipal issue was essential in the wake of the suspension of specie payments in 1837, the Bank of the United States crisis, and the failure of the early Bank of the State of Missouri. The reason for the immense rarity of this note, payable on demand and also a deposit instrument, is that nearly all must have been redeemed when the crisis passed shortly after issuance. A beautifully produced note. Engraved and printed by Durand, Hammond, & Mason, Cincinnati (the same printer as the County of St. Louis notes). At top left center, the vignette of St. Louis City Hall is flanked by oval "1" dies. The far left end has a perpendicular ONE on shaded lathe work, and the right end has scalloped ONE dies in the corners. The title is across with the obligation underneath, and a large red ONE protector covers most of the bottom half. Plate B. No. 234. Fully issued and signed by the comptroller and auditor; payable from the "auditors' office," St. Louis. A special note that stands out as very distinctive. Noted with "Repaired Edge Tears; Rust Stains on Back." The antique strip repairs on the back do not affect the face eye appeal. This has resided in the Newman Collection for numerous decades and is cataloged for the first time for public sale. A historic St. Louis rarity. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20158, realized $9600.
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- St. Louis, MO � Treasurer of the City of St. Louis $1 Jan'y 2, 1843. PCGS Very Fine 25 Apparent. This may be the most important municipal issued note from Missouri. It is the only note from the series we have observed or cataloged and is possibly unique. The municipal issue was essential in the wake of the suspension of specie payments in 1837, the Bank of the United States crisis, and the failure of the early Bank of the State of Missouri. The reason for the immense rarity of this note, payable on demand and also a deposit instrument, is that nearly all must have been redeemed when the crisis passed shortly after issuance. A beautifully produced note. Engraved and printed by Durand, Hammond, & Mason, Cincinnati (the same printer as the County of St. Louis notes). At top left center, the vignette of St. Louis City Hall is flanked by oval "1" dies. The far left end has a perpendicular ONE on shaded lathe work, and the right end has scalloped ONE dies in the corners. The title is across with the obligation underneath, and a large red ONE protector covers most of the bottom half. Plate B. No. 234. Fully issued and signed by the comptroller and auditor; payable from the "auditors' office," St. Louis. A special note that stands out as very distinctive. Noted with "Repaired Edge Tears; Rust Stains on Back." The antique strip repairs on the back do not affect the face eye appeal. This has resided in the Newman Collection for numerous decades and is cataloged for the first time for public sale. A historic St. Louis rarity. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20158, realized $9600.
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- (St. Louis, MO) � Illinois Savings Bank at St. Louis "on deposit [at]" Burlington, W. T. $5 July 25, 1836 Unlisted Spurious Note. PCGS Very Good 8 Apparent. A mysterious three-state note, and a rare one, but posing many questions. It is very typical of its 1836 time period, creating confusion with multiple locations, small print title detail, and crude production. It is the handiwork of the numerous spurious note magicians that plagued commerce on the frontier, particularly in this period. Eric considered this an illegal branch in St. Louis of an Illinois bank. Seated Agriculture at top center is over the title, and the obligation is below. Identical panels show Jefferson at the center. At the base is a steamboat with BURLINGTON, W.T. arcing above. No. 283. Noted with "Mounting Remnants and Damage; Small Edge Tears." One of the more interesting spurious notes we have seen from the Newman Collection, and one of the rarest. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20157, realized $1320.
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- St. Louis, MO - North Missouri Railroad Co. per the Franklin Savings Institute 50 Cents November 18, 1862. PCGS Very Fine 20 Apparent. This is the second of two denominations (the other 25 cents) from the Newman Collection from an extremely rare and distinctive scrip series. Payable at the Franklin Savings Institution on behalf of the railroad company, they could circulate locally or be used on the railroad or along the route. Fully issued and signed, though it is difficult to discern the signer's name. This small format-note was printed in all blue without imprint. A train with freight and passenger cars is at the upper left, titles and denomination are across, and a large, bolded "50" counter is at the upper right. Noted with "Small Edge Tears." The railroad printed several types of advertising notes later, but the Newman Collection examples are the first circulating St. Louis scrip from the issuer we have observed. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20156, realized $1200.
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- St. Louis, MO - North Missouri Railroad Co. per the Franklin Savings Institute 50 Cents November 18, 1862. PCGS Very Fine 20 Apparent. This is the second of two denominations (the other 25 cents) from the Newman Collection from an extremely rare and distinctive scrip series. Payable at the Franklin Savings Institution on behalf of the railroad company, they could circulate locally or be used on the railroad or along the route. Fully issued and signed, though it is difficult to discern the signer's name. This small format-note was printed in all blue without imprint. A train with freight and passenger cars is at the upper left, titles and denomination are across, and a large, bolded "50" counter is at the upper right. Noted with "Small Edge Tears." The railroad printed several types of advertising notes later, but the Newman Collection examples are the first circulating St. Louis scrip from the issuer we have observed. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20156, realized $1200.
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- St. Louis, MO � Keokuk Packet Company 25 Cents Undated (Ca. 1850s-60s). PCGS Fine 15 Apparent. One of the great Newman Collection scrip note rarities with an Iowa tie title. This is the third St. Louis vicinity packet company issuer from the Collection, and perhaps the rarest. Packet boats are also featured on the vignettes of several St. Louis banks, particularly the Bank of St. Louis. Packet boats long plied the Mississippi River, transporting mail, freight, and passengers, but the Keokuk Packet Company was the first reliable outfit. Until John McCune established it in 1842, there was no certainty that a boat would depart at the scheduled hour -- or even on that day. Two prominent St. Louisans were the principle stockholders: John S. McCune and James E. Yeatsman. McCune, who ran the operation, was a partner in a foundry company; he would later become president of the Pilot Knob Iron Company and one of the directors of the Real Estate Savings Institution. Yeatsman was among the first directors of the Merchants Bank, becoming cashier after it became a national bank in 1865, and later serving as its president. The first of the Keokuk boats was the newly built Die Vernon (one of a number of vessels named after a character in one of Sir Walter Scott's novels). It was one of three ships making regular trips between St. Louis and Keokuk, Iowa, six days a week for nine months of the year. In 1844, the company secured a mail contract. The lucrative route attracted other companies, and the Keokuk Packet Company had to contend with serious competition for passengers, resulting in discounted fares, ever-increasing speed, and luxurious amenities. In 1852, the Keokuk Packet Company decided to pit its new, improved Die Vernon against rival Minnesota Packet Company's West Newton by moving into new territory above Galena to the Falls of St. Anthony. This Upper Mississippi route was popularized by artist George Catlin who exhorted travelers to embark on "the next �Fashionable Tour.'" The two steamboats engaged in a race, which was quite a common occurrence, and the Die Vernon was victorious. Another of the Keokuk Packet Company's boats, The City of Louisiana, carried both Lincoln and Douglass from Quincy to Alton, Illinois for their final debate on October 15, 1858. At the onset of the Civil War, packet boats were used for ferrying troops, as hospital ships, and as quarters for the Invalid Corps (later the Veteran Reserve Corps). A letter from Colonel Charles F. Johnson of the Corps to his wife on September 19, 1863 describes the opulence of the Die Vernon: "... you can judge of its length when I state that it [the saloon] contained 9 chandeliers each at full distance from the other ... why the Barber shop also is as large as our two parlors combined." The competition between the various packet boat companies led to low profits for all, and on February 26, 1873, The Keokuk Packet Company joined some of its rivals in establishing The Keokuk Northern Line Packet Company. Printed uniface on white paper, without imprint. The style is identical to packet boat company scrip in the Newman Collection from Alton and East St. Louis. The central vignette shows a steamboat in three-quarter view coming toward the viewer on the tree-lined river; the town is in the distance, and a large tree limb is in the water ahead. Counters are in the upper corners, and the obligation reads: "GOOD FOR TWENTY FIVE CENTS/ Receivable for Freight Passage & other dues." Noted with some "Repairs" seen from the back. A great rarity with a storied history. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20155, realized $2400.
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- Neosho, MO - Roberts & Ellis $1 Mar. 17, 1862. PCGS Extremely Fine 45. This is a rare Civil War scrip note issued from a historic Missouri location and in superb grade. Neosho was the Confederate state capital. Located in Newton County, near the southwest corner of Missouri, it served as a provisional capital of the secessionist government. This body comprised deposed governor Claiborne Fox Jackson and secessionist legislators who were driven from the actual capital of Jefferson City. In late October 1861, they passed their Ordinance of Secession and the Confederacy accepted it, making "that government" of Missouri a part of the Confederacy. However, the Union controlled the key parts of the state, the capital and St. Louis. Neosho and southwestern Missouri were occupied or raided by both militaries and private brigands all through the war. Printed on thin, translucent brown paper without imprint. The layout and style are quite similar to several Arkansas types, particularly Mayer & Brothers notes. Very decorative bordering all around encloses the texts. ONE DOLLARS is across the right center in small type and IN CONFEDERATE MONEY is below much larger. No. 1057. Penned signatures of Roberts + Ellis are at lower right. In extraordinary grade for a note printed on such delicate paper from the period. Perhaps the finest note known from the series. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20154, realized $1020.