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  • Lot 20149

    Descripción:
    Canton, MO - Bank of the State of Missouri, Bank in Canton $5 Oct. 1, 1859 MO-60 G54a SENC. PCGS Fine 15. All issued notes from the bank in this period are greatly rare and important. This is an exceedingly rare, if not unique, fully issued Canton branch $5 note with the rarely used Dr. Kane in the Arctic vignette. This series differs from the Civil War-dated notes with the state's banking commissioner signature required. Printed by Toppan, Carpenter & Co., Philadelphia & New-York with a small "ABC" monogram at the far left. At top center is a vignette described in period accounts (contemporary Bank Note Reporters like Gwynne & Day) as "Dr. Kane in the Arctic." In 1853, Dr. Elisha Kane led the second Henry Grinnell expedition in search of Sir John Franklin, who had disappeared with his two ships and crew while searching for the Northwest Passage (one of the great mysteries of early nineteenth century exploration). After their ship became icebound, the party trekked north for over 80 days, losing one man, before reaching open water and a ship to bring them to safety. In the central vignette, the ice party is shown loading their sled with supplies from the dinghy while a team of tethered huskies waits; the icebound ship Advance is at right in the near background. In each lower corner are male portraits, both likely engraved for the bank's use (the lower right portrait may be bank president Barnes). At the far left is a vermillion color edging strip outlining COUNTERSIGNED AND REGISTERED, a very unusual tint feature. Plate A. No. 2230. Signed by A. Robinson and R. A. Barnes (a slaveholder and secessionist sympathizer). Countersigned by Geo. Penn as "ass't" commissioner. A problem-free note and perhaps the only issued note from the series and branch. Quite solid and bright overall, this is another issued Missouri note from the Newman Collection that appears to be unique. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20149, realized $4080.

  • Lot 20149

    Descripción:
    Canton, MO - Bank of the State of Missouri, Bank in Canton $5 Oct. 1, 1859 MO-60 G54a SENC. PCGS Fine 15. All issued notes from the bank in this period are greatly rare and important. This is an exceedingly rare, if not unique, fully issued Canton branch $5 note with the rarely used Dr. Kane in the Arctic vignette. This series differs from the Civil War-dated notes with the state's banking commissioner signature required. Printed by Toppan, Carpenter & Co., Philadelphia & New-York with a small "ABC" monogram at the far left. At top center is a vignette described in period accounts (contemporary Bank Note Reporters like Gwynne & Day) as "Dr. Kane in the Arctic." In 1853, Dr. Elisha Kane led the second Henry Grinnell expedition in search of Sir John Franklin, who had disappeared with his two ships and crew while searching for the Northwest Passage (one of the great mysteries of early nineteenth century exploration). After their ship became icebound, the party trekked north for over 80 days, losing one man, before reaching open water and a ship to bring them to safety. In the central vignette, the ice party is shown loading their sled with supplies from the dinghy while a team of tethered huskies waits; the icebound ship Advance is at right in the near background. In each lower corner are male portraits, both likely engraved for the bank's use (the lower right portrait may be bank president Barnes). At the far left is a vermillion color edging strip outlining COUNTERSIGNED AND REGISTERED, a very unusual tint feature. Plate A. No. 2230. Signed by A. Robinson and R. A. Barnes (a slaveholder and secessionist sympathizer). Countersigned by Geo. Penn as "ass't" commissioner. A problem-free note and perhaps the only issued note from the series and branch. Quite solid and bright overall, this is another issued Missouri note from the Newman Collection that appears to be unique. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20149, realized $4080.

  • Lot 20148

    Descripción:
    St. Louis, MO- Bank of the United States (the Second) $10 Office of Discount and Deposit Contemporary Counterfeit March 14, 1829 US-2 UNL. PCGS Very Fine 25 Apparent. A museum-quality example of a very rare and underrated note. This is the third denomination from the Newman Collection trio and by far in the finest condition. The St. Louis branch of the Second Bank of the United States opened in 1829. Though the bank was successful, President Andrew Jackson, supported by former adversary Thomas Hart Benton, vetoed rechartering the bank. This "Office of Discount and Deposit" note is not listed in Haxby despite being an "on demand" instrument. This is an imitation of the Murray, Draper, Fairman & Co. engraved plate, and the details are less defined throughout. An eagle, perched on a shield, hovers above the ocean at top center. End panels have small portraits in lathe work, although much less fine and intricate than on the genuine. The obligation is across. Plate A. No. 39. False signatures of the cashier and bank president are at the bottom. This very crisp example has a boldly penned "St. Louis." Noted with a "Small Hole at Top Right," but it is impressive looking and well-margined overall. Though a contemporary counterfeit, anything from this branch is very rarely seen. St. Louis was not represented in two specialized Bank of the United States collections sold in the past few decades. The St. Louis $20 we sold in Newman Part VIII was lesser grade than this and realized $1,920 in spirited bidding. The Newman Collection notes are the first and only St. Louis branch notes of any kind we have ever cataloged, and this is a key Missouri and Bank of the United States type. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20148, realized $2640.

  • Lot 20148

    Descripción:
    St. Louis, MO- Bank of the United States (the Second) $10 Office of Discount and Deposit Contemporary Counterfeit March 14, 1829 US-2 UNL. PCGS Very Fine 25 Apparent. A museum-quality example of a very rare and underrated note. This is the third denomination from the Newman Collection trio and by far in the finest condition. The St. Louis branch of the Second Bank of the United States opened in 1829. Though the bank was successful, President Andrew Jackson, supported by former adversary Thomas Hart Benton, vetoed rechartering the bank. This "Office of Discount and Deposit" note is not listed in Haxby despite being an "on demand" instrument. This is an imitation of the Murray, Draper, Fairman & Co. engraved plate, and the details are less defined throughout. An eagle, perched on a shield, hovers above the ocean at top center. End panels have small portraits in lathe work, although much less fine and intricate than on the genuine. The obligation is across. Plate A. No. 39. False signatures of the cashier and bank president are at the bottom. This very crisp example has a boldly penned "St. Louis." Noted with a "Small Hole at Top Right," but it is impressive looking and well-margined overall. Though a contemporary counterfeit, anything from this branch is very rarely seen. St. Louis was not represented in two specialized Bank of the United States collections sold in the past few decades. The St. Louis $20 we sold in Newman Part VIII was lesser grade than this and realized $1,920 in spirited bidding. The Newman Collection notes are the first and only St. Louis branch notes of any kind we have ever cataloged, and this is a key Missouri and Bank of the United States type. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20148, realized $2640.

  • Lot 20147

    Descripción:
    St. Charles, MO - Treasury or any of the Loan Offices of the State of Missouri $1 at 2% per Year (Act of June 27, 1821) Oct. 1, 1821 Cr. 02. PCGS Very Fine 25 Apparent. One of the great state-issued note rarities. The Newman Collection was one of only two collections (the other being Joseph Vacca) that contained multiple examples. The series is historic because the notes were challenged in the courts, with the decision eventually moving to the United States Supreme Court which declared Missouri's issuance of them unconstitutional. The Hiram Craig vs. Missouri case was written in the majority by Chief Justice John Marshall, upholding the prohibition of states' rights ability to create and circulate currency (Article 1, Section 10, Clause 1 of the United States Constitution). This is discussed in further detail in our Newman VIII sale catalog. Despite being printed from a plate without the deep details observed on the Harrison imprint proof from the Newman Collection sold in the Part VIII sale, this $1 example is genuine. The final notes were printed from plates of lesser quality than normally seen from the East. The paper is quite sturdy and exhibits blue fibers observed from the back. Layout and style are similar to the Harrison imprinted $1 proof: a Native American man canoeing past a beaver, fancy end panels with denominations, and two oval dies at the top. With the engraved "St. Charles" location at the left, and the fully engraved date of "1st Oct 1821" spread across the center. Signed by the treasurer and auditor. Plate A. No. 2529. Noted by PCGS with "Mounting Remnants on Back." It is quite extraordinary and has ample paper body. The lower left end is trimmed inward slightly near the base. Otherwise, the note is remarkable for the series and type. A similar example, the Criswell Plate Note, realized $3,000 in Newman Part VIII. Another extremely important Missouri note of the highest rarity. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20147, realized $2880.

  • Lot 20146

    Descripción:
    St. Louis, Missouri (T.) - Missouri Exchange Bank (of Wm. M. O'Hara & Co.) $2 October 1, 1819 MO-35 G14. PCGS Very Fine 25 Apparent. An elegantly crafted and very rare Missouri territorial-period banknote. The Missouri Exchange Bank (of Wm. M. O'Hara & Co.) notes are another interesting chapter in early St. Louis banking at the close of the territorial period and impending statehood. O'Hara came from Morristown, New Jersey, with impeccable credentials from that State Bank and quickly was promoted at the Bank of St. Louis to cashier, replacing short-tenured Theophilus W. Smith (a cohort of John B. N. Smith in the "rag money" purchasing and specie redemption fraud). The (first) Bank of St. Louis closed in June 1819 and O'Hara rented space from Auguste Chouteau, the remaining banker in St. Louis, and opened this unchartered private bank. Chouteau raised the rent for the space after the $250 deposit expired, likely annoyed at the new competitor. Postmaster Aaron Crane and Samuel Wiggins (operator of the St. Louis & Illinois Team Boat Ferry Co.) had ordered their engraved scrip notes to be printed at P. Maverick, Durand & Co. O'Hara also had these banknotes and his change notes printed there; he was involved in settling the Crane estate and redeemed notes for the St. Louis & Illinois Team Boat Ferry Co. Printed on banknote paper by P. Maverick, Durand & Co., N.Y. An agricultural vignette with plow, rakes, and wheat sheaves is at top center. Intricate ends, similar to the ones on the $1 from the series, are composed of Durand-patented dies. Perpendicular are TWO left and MISSOURI at right. The title and obligations across include, "... at our Banking house." An embellished TWO protector is across the center. Plate A. No. 497. Signed by James C.[aldwell] Canfield as cashier and Wm. M. O'Hara & Co. This note has been in the Newman Collections for decades, and it is likely the first time it is been publicly offered. According to the updated SPMC Paper Money article by Ron Horstman, apparently all the O'Hara notes were paid out, unlike the two larger, chartered territorial banks that failed. Noted with "Edge Tears and Damage." The signatures are well accomplished. Rarely encountered, and a handsome Obsolete type. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20146, realized $660.

  • Lot 20147

    Descripción:
    St. Charles, MO - Treasury or any of the Loan Offices of the State of Missouri $1 at 2% per Year (Act of June 27, 1821) Oct. 1, 1821 Cr. 02. PCGS Very Fine 25 Apparent. One of the great state-issued note rarities. The Newman Collection was one of only two collections (the other being Joseph Vacca) that contained multiple examples. The series is historic because the notes were challenged in the courts, with the decision eventually moving to the United States Supreme Court which declared Missouri's issuance of them unconstitutional. The Hiram Craig vs. Missouri case was written in the majority by Chief Justice John Marshall, upholding the prohibition of states' rights ability to create and circulate currency (Article 1, Section 10, Clause 1 of the United States Constitution). This is discussed in further detail in our Newman VIII sale catalog. Despite being printed from a plate without the deep details observed on the Harrison imprint proof from the Newman Collection sold in the Part VIII sale, this $1 example is genuine. The final notes were printed from plates of lesser quality than normally seen from the East. The paper is quite sturdy and exhibits blue fibers observed from the back. Layout and style are similar to the Harrison imprinted $1 proof: a Native American man canoeing past a beaver, fancy end panels with denominations, and two oval dies at the top. With the engraved "St. Charles" location at the left, and the fully engraved date of "1st Oct 1821" spread across the center. Signed by the treasurer and auditor. Plate A. No. 2529. Noted by PCGS with "Mounting Remnants on Back." It is quite extraordinary and has ample paper body. The lower left end is trimmed inward slightly near the base. Otherwise, the note is remarkable for the series and type. A similar example, the Criswell Plate Note, realized $3,000 in Newman Part VIII. Another extremely important Missouri note of the highest rarity. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20147, realized $2880.

  • Lot 20146

    Descripción:
    St. Louis, Missouri (T.) - Missouri Exchange Bank (of Wm. M. O'Hara & Co.) $2 October 1, 1819 MO-35 G14. PCGS Very Fine 25 Apparent. An elegantly crafted and very rare Missouri territorial-period banknote. The Missouri Exchange Bank (of Wm. M. O'Hara & Co.) notes are another interesting chapter in early St. Louis banking at the close of the territorial period and impending statehood. O'Hara came from Morristown, New Jersey, with impeccable credentials from that State Bank and quickly was promoted at the Bank of St. Louis to cashier, replacing short-tenured Theophilus W. Smith (a cohort of John B. N. Smith in the "rag money" purchasing and specie redemption fraud). The (first) Bank of St. Louis closed in June 1819 and O'Hara rented space from Auguste Chouteau, the remaining banker in St. Louis, and opened this unchartered private bank. Chouteau raised the rent for the space after the $250 deposit expired, likely annoyed at the new competitor. Postmaster Aaron Crane and Samuel Wiggins (operator of the St. Louis & Illinois Team Boat Ferry Co.) had ordered their engraved scrip notes to be printed at P. Maverick, Durand & Co. O'Hara also had these banknotes and his change notes printed there; he was involved in settling the Crane estate and redeemed notes for the St. Louis & Illinois Team Boat Ferry Co. Printed on banknote paper by P. Maverick, Durand & Co., N.Y. An agricultural vignette with plow, rakes, and wheat sheaves is at top center. Intricate ends, similar to the ones on the $1 from the series, are composed of Durand-patented dies. Perpendicular are TWO left and MISSOURI at right. The title and obligations across include, "... at our Banking house." An embellished TWO protector is across the center. Plate A. No. 497. Signed by James C.[aldwell] Canfield as cashier and Wm. M. O'Hara & Co. This note has been in the Newman Collections for decades, and it is likely the first time it is been publicly offered. According to the updated SPMC Paper Money article by Ron Horstman, apparently all the O'Hara notes were paid out, unlike the two larger, chartered territorial banks that failed. Noted with "Edge Tears and Damage." The signatures are well accomplished. Rarely encountered, and a handsome Obsolete type. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20146, realized $660.

  • Lot 20145

    Descripción:
    St. Louis, (M.T.) - Bank of Missouri $20 May 9, 1818 MO-30 G24. PCGS Very Fine 20. A beautiful and rare $20 denomination from this iconic territorial series finely engraved by Murray, Draper, Fairman & Co. This series features an iconic, custom-designed vignette and the signature of the co-founder of St. Louis, Auguste Chouteau. Because of the Chouteau signatures, these are also of interest to historical autograph collectors. The vignette befitted St. Louis's paramount role in American commerce during this period. Thomas Jefferson's bust on the banks of the Mississippi is a strong symbol of his role in obtaining the Louisiana Purchase lands from which the Missouri Territory was apportioned in 1812 (when Louisiana achieved statehood). Printed from beautifully crafted plates on red fiber banknote paper. All denominations in the series show a common main vignette with a bust of Jefferson on a pedestal and a capped liberty pole behind, but there are variations of vignette position, style and placement of Jefferson's name, and the use of handwritten or engraved "bearer." On this $20 denomination, the vignette is at upper right, and JEFFERSON is arced above. Barrels, crates, sacks, bales, and beehives are at the shore (Eric refers to them in his note descriptions as "merchandise"). Four ships are at sail in the background. At the horizon are mountain peaks and the radiant sun rising. Titles and obligation are across with "bearer" written rather than engraved. The end panels are similar to other denominations (although with subtle style variations) with TWENTY at the left and MISSOURI at the right. Plate B. No. 404. Signed by Dales as cashier and Aug. Chouteau as bank president. Not endorsed on the back. This is a rare denomination, and the Newman Collection notes were the first we cataloged. There were no denominations from the bank above $10 in Vacca. A problem-free note and underappreciated in comparison with the more frequently seen $5 and $10 denominations. A slightly finer example realized $2,400 in Newman Part VIII in November 2017. A significant, early-dated Missouri banknote. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20145, realized $1680.

  • Lot 20144

    Descripción:
    St. Louis, Missouri (T.) - Bank of St. Louis (1st) 62-1/2 Cents April 1, 1819 MO-45 G10. PCGS Very Good 8 Apparent. This is an important Missouri rarity and also a desirable odd denomination. It is the Haxby plate note and perhaps one of very few known. This is from a third series of Bank of St. Louis change bills printed by Murray, Draper, Fairman & Co. (Philadelphia) with engraved April 1, 1819, dates. Five denominations were printed, including this very rarely encountered 62-1/2 cent denomination (or "five bits"). The unusual denomination would have been useful for certain fares on the St. Louis & Illinois Team Boat Ferry, for example. The rectangular format is similar to Bank of North America and other Philadelphia change-bill series printed after the War of 1812. Titles and obligations are in the center with an oval-enclosed 62 � CENTS at the top flanked by "62 �" denominations. Ornate end panels show the numerical denomination left and MISSOURI. at right in cartouches. Location, engraved date, and space for a signature are at the bottom. No plate letter. Unnumbered. Signed by R.[isdon] H. Price as bank "Pres't." Note the strongly penned president's signature in the aftermath of the ousting of John B. N. Smith, their crooked, previous cashier. (Normally, notes like this were signed by the cashier.) Noted with "Small Tears; Minor Restorations." A solid note overall and well detailed. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20144, realized $1020.