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Eric P. Newman Collection, Part X
Eliminar la restricciónColección: Eric P. Newman Collection, Part X
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- Descripción:
- Leavenworth City, KS - City Bank $1 November 1, 1856 KS-50 G2a, Whitfield 289. Remainder. PCGS Choice About New 58 Apparent. Waterman Lily Ormsby has been the subject of much study by Obsolete currency and security printing collectors. His maverick style made him an outsider to the established firms in New York and Philadelphia. The security devices he invented to prevent denomination raising and counterfeiting were revolutionary and just about impossible to thwart. However, he sold most of his contracts to "fly-by-night" outfits whose note-issuing intentions were generally less than noble, and these outfits generally went broke. That left holders of the notes with worthless paper. The City Bank fell into that class, but it actually did open with good intentions. It only had little backing security for its notes, and when the banking crisis swept the nation in 1857, it failed and became a "broken" bank. Oddly, the Territorial Legislature authorized the bank after its failure. The first of three rarer Kansas types which use an interesting style of anti-raising protection devices on the face and back. At the center is a single farmer with long scythe vignette, flanked by a large "1/ONE" dies designed by W. L. Ormsby. The back of the note has a radiating circular "target" pattern of red-orange micro-lettering which emanates from a solitary center based on its $1 denomination in the Ormsby note anti-raising system. A beautiful type and rarely offered. The noted "Small Edge Tear at UR" is a minor fault. Fully margined, beautifully centered on both sides, and a quintessential Ormsby type. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20114, realized $1320.
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- San Francisco, CA � Imperial Government of Norton I 50 Cents "Payable in 1890 or Convertible into 4% Bonds" December 19, 1879. PCGS Very Fine 30 Apparent. A third interesting Emperor Norton I type from the Newman Collection. Fred Marckhoff, in his 1962 groundbreaking article, "Norton I of California," considers this payable in 1890-obligation type as replacements for his outstanding notes as 1880 approached. Most (if not all) note holders certainly did not believe they would get specie for their notes, but this this type would certainly convert anything they turned in. Uniface, printed on soft rag paper. Without imprint, possibly by Charles A. Murdock & Co. as noted in the Marckhoff article. The size of the Norton vignette and style of seal are different. 25.1 cm x 10.7 cm. The size of the Norton vignette and style of the seal are different from the previous, but the overall layout is similar. At left is the half-length Norton I portrait in uniform. At right is the California State seal, but much less detailed than on the previous, with the wavy UNITED STATES. above. The arced title "The Imperial Government of" at top center is over a simple NORTON I. Below, the obligation makes the note due in 1890, with conversion to 4% interest bonds. These were also "payable in Gold Coin." Marckhoff Type 5a. No. 3005. Hand-dated December 19, 1879. Signed at the lower right by Norton I, Emperor. Not stamped with the crude black "seal." A sub-variety in the census compiled by Marckhoff, but this is actually Type 6; an entirely different type from previous issues and apparently the last. The type was not in Ford, and its low quality rag paper would make survivors very rare. Noted with "Small Edge Splits and Tears; Small Repairs." Full size all around with wide margins. This presents very well and fits together with the prior two examples, creating an important trio of these historical San Francisco currency notes. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20113, realized $11400.
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- San Francisco, CA � Imperial Government of Norton I 50 Cents "Payable in 1880 or Convertible in 5% Bonds" July 10, 1878. PCGS Extremely Fine 40 Apparent. A very choice example of an entirely different Norton I series note. This was payable in 1880, but also convertible into 5% bonds. The size, paper, and printing vary significantly. Uniface, lithographed in all black on bond paper. Without imprint under the frame line, likely the work of Charles A. Murdock and Co. because of the Norton's falling out with his previous printer ("Notes on His Majesty's Printers" by John Lumea, and the E-Sylum, vol. 20). Larger and wider format than the last. 24.3 cm x 11.3 cm. At center left is the half-length Norton I portrait in uniform; similar to the Type 2 fifty cent note. At center right, the California State seal is under a wavy UNITED STATES. The arced title, "The Imperial Government of," is at top center with a straight drop-shadowed NORTON I at top center. The obligation below states the note would be due in 1880, with conversion to 5% interest bonds. It could be extended by the holder for 20 years at 7% interest. In addition, these were "payable in Gold Coin." Marckhoff Type 5. No. 2682. Hand-dated July 10, 1878. Signed at the lower right by Norton I, Emperor. Not stamped with the crude black "seal" on the face like the previous. Noted with "Minor Mounting Remnants on Back" by PCGS. From the face, an extraordinary appearance which is lightly quarter-folded. Superior to the Ford Part XX: lot 3037 example which realized $34,500 in October 2007. A rare and impressive Emperor Norton I note. These are seldom encountered in such high quality. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20112, realized $8520.
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- San Francisco, CA � Imperial Government of Norton I 50 Cents "Payable in 1880 or Convertible in 5% Bonds" July 10, 1878. PCGS Extremely Fine 40 Apparent. A very choice example of an entirely different Norton I series note. This was payable in 1880, but also convertible into 5% bonds. The size, paper, and printing vary significantly. Uniface, lithographed in all black on bond paper. Without imprint under the frame line, likely the work of Charles A. Murdock and Co. because of the Norton's falling out with his previous printer ("Notes on His Majesty's Printers" by John Lumea, and the E-Sylum, vol. 20). Larger and wider format than the last. 24.3 cm x 11.3 cm. At center left is the half-length Norton I portrait in uniform; similar to the Type 2 fifty cent note. At center right, the California State seal is under a wavy UNITED STATES. The arced title, "The Imperial Government of," is at top center with a straight drop-shadowed NORTON I at top center. The obligation below states the note would be due in 1880, with conversion to 5% interest bonds. It could be extended by the holder for 20 years at 7% interest. In addition, these were "payable in Gold Coin." Marckhoff Type 5. No. 2682. Hand-dated July 10, 1878. Signed at the lower right by Norton I, Emperor. Not stamped with the crude black "seal" on the face like the previous. Noted with "Minor Mounting Remnants on Back" by PCGS. From the face, an extraordinary appearance which is lightly quarter-folded. Superior to the Ford Part XX: lot 3037 example which realized $34,500 in October 2007. A rare and impressive Emperor Norton I note. These are seldom encountered in such high quality. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20112, realized $8520.
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- San Francisco, CA � (Imperial) Government of Norton the First 50 Cents "Convertible into 7% Bonds in 1880 or Payable by Agents" June 5, 1872. PCGS Very Fine 35. The One and Only Emperor of the United States The story of folk hero Joshua A. Norton, who on September 17, 1859, proclaimed himself Norton I, Emperor of the United States and Protector of Mexico, is intriguing. Like countless others, he was drawn to San Francisco in 1849 by the Gold Rush. Although prosperous for a number of years as a commission merchant and entrepreneur, he lost all his money in 1858 after the collapse of the market for rice. Whether his delusion of being emperor was caused by the shock of his insolvency, or perhaps dementia, Norton believed that he was indeed the Emperor of the United States and acted accordingly, issuing "bonds," which he used as currency, and collecting "taxes," in cash by means of personal visits. What is astonishing is that San Francisco's citizens rallied around him with compassionate deference. Robert Louis Stevenson writes: "Of all our visitors, I believe I preferred Emperor Norton; the very mention of whose name reminds me I am doing scanty justice to the folks of San Francisco. In what other city would a harmless madman who supposed himself emperor of the two Americas have been so fostered and encouraged? Where else would even the people of the streets have respected the pour soul's illusion? Where else would bankers and merchants have received his visits, cashed his cheques, and submitted to his small assessments? Where else would he have been suffered to attend and address the exhibition days of schools and colleges? Where else, in god's green earth, have taken his pick of restaurants, ransacked the bill of fare, and departed scathless?" --Delphi Complete Works of Robert Louis Stevenson, Delphi Classics, 2015 Joshua Norton died suddenly on January 8, 1880, and his funeral drew tens of thousands of mourners. Interest in his life and legacy was rekindled in 2013 by writer John Lumea. Citing Norton's 1872 proclamation decreeing that "a suspension bridge be built from Oakland Point to Goat Island, and thence to Telegraph Hill," Lumea embarked upon a campaign to name the San Francisco-Oakland Bay Bridge after Emperor Norton (emperorsbridge.org). Norton lives on in film and television episodes, including Bonanza, which are available for viewing on the Newman Numismatic Portal. An extremely rare and early date example of this historic American "currency" issued by the enigmatic Joshua Norton, as "Emperor" of his self-proclaimed domain. Norton's personal popularity in San Francisco allowed him to pass these "convertible bonds" for goods and services, such as his nightly rent at a boarding house, for close to a decade. Twenty years before this note was issued, he was successful and wealthy. His speculation in rice imports led to his financial doom and the lawsuits that followed. Whether he reinvented himself by plan or madness is speculation. However, the Norton I notes are among the most popular Obsolete currency subjects and western paper Americana documents. The Newman Collection contains three different examples, all representing different obligation series. Uniface, lithographed in all red on white rag paper. 20.4 cm x 11.7 cm. The imprint, under the base frame line, is custom to the issuer: CUDDY & HUGHES, Printers to his Majesty Norton I, 511 Sansome Street, S. F. Supposedly, Norton was not charged for the printing costs and this imprint served as an advertisement for the firm. Ornate borders contain the obligations and two vignettes: Norton in uniform at lower left, and a young woman with hair in ringlets at lower right. Along the top, an ornate "Received of" is followed by the line for the recipient of the bond's signature. "San Francisco" and a handwritten date line are to the upper right. The obligation is in five lines: "The Amount with Interest, to be convertible into 7 per cent. Bonds/ in 1880, or payable by the Agents of our Private Estate in case the Government of Norton/ the First does not hold firm./ In testimony whereof, we hereto affix our royal seal / and signature," signed Norton I, Emperor on the shaded block below, with a black ink stamping to the left . Unnumbered. Marckhoff Type 2 (Numismatic Scrapbook, March 1982, pp.671-682). The illustrated example in that article was credited to the California State Historical Society (that dated July 3, 1872). This type was missing from major publicly offered collections from the past decades including Clifford and Ford. It is the first red printed note we have cataloged and is a very distinctive type. The later Norton I types frequently realize in excess of $10,000 each. This is worthy of exceeding that level handily due to its much greater rarity and excellent condition. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20111, realized $20400.
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- San Francisco, CA � (Imperial) Government of Norton the First 50 Cents "Convertible into 7% Bonds in 1880 or Payable by Agents" June 5, 1872. PCGS Very Fine 35. The One and Only Emperor of the United States The story of folk hero Joshua A. Norton, who on September 17, 1859, proclaimed himself Norton I, Emperor of the United States and Protector of Mexico, is intriguing. Like countless others, he was drawn to San Francisco in 1849 by the Gold Rush. Although prosperous for a number of years as a commission merchant and entrepreneur, he lost all his money in 1858 after the collapse of the market for rice. Whether his delusion of being emperor was caused by the shock of his insolvency, or perhaps dementia, Norton believed that he was indeed the Emperor of the United States and acted accordingly, issuing "bonds," which he used as currency, and collecting "taxes," in cash by means of personal visits. What is astonishing is that San Francisco's citizens rallied around him with compassionate deference. Robert Louis Stevenson writes: "Of all our visitors, I believe I preferred Emperor Norton; the very mention of whose name reminds me I am doing scanty justice to the folks of San Francisco. In what other city would a harmless madman who supposed himself emperor of the two Americas have been so fostered and encouraged? Where else would even the people of the streets have respected the pour soul's illusion? Where else would bankers and merchants have received his visits, cashed his cheques, and submitted to his small assessments? Where else would he have been suffered to attend and address the exhibition days of schools and colleges? Where else, in god's green earth, have taken his pick of restaurants, ransacked the bill of fare, and departed scathless?" --Delphi Complete Works of Robert Louis Stevenson, Delphi Classics, 2015 Joshua Norton died suddenly on January 8, 1880, and his funeral drew tens of thousands of mourners. Interest in his life and legacy was rekindled in 2013 by writer John Lumea. Citing Norton's 1872 proclamation decreeing that "a suspension bridge be built from Oakland Point to Goat Island, and thence to Telegraph Hill," Lumea embarked upon a campaign to name the San Francisco-Oakland Bay Bridge after Emperor Norton (emperorsbridge.org). Norton lives on in film and television episodes, including Bonanza, which are available for viewing on the Newman Numismatic Portal. An extremely rare and early date example of this historic American "currency" issued by the enigmatic Joshua Norton, as "Emperor" of his self-proclaimed domain. Norton's personal popularity in San Francisco allowed him to pass these "convertible bonds" for goods and services, such as his nightly rent at a boarding house, for close to a decade. Twenty years before this note was issued, he was successful and wealthy. His speculation in rice imports led to his financial doom and the lawsuits that followed. Whether he reinvented himself by plan or madness is speculation. However, the Norton I notes are among the most popular Obsolete currency subjects and western paper Americana documents. The Newman Collection contains three different examples, all representing different obligation series. Uniface, lithographed in all red on white rag paper. 20.4 cm x 11.7 cm. The imprint, under the base frame line, is custom to the issuer: CUDDY & HUGHES, Printers to his Majesty Norton I, 511 Sansome Street, S. F. Supposedly, Norton was not charged for the printing costs and this imprint served as an advertisement for the firm. Ornate borders contain the obligations and two vignettes: Norton in uniform at lower left, and a young woman with hair in ringlets at lower right. Along the top, an ornate "Received of" is followed by the line for the recipient of the bond's signature. "San Francisco" and a handwritten date line are to the upper right. The obligation is in five lines: "The Amount with Interest, to be convertible into 7 per cent. Bonds/ in 1880, or payable by the Agents of our Private Estate in case the Government of Norton/ the First does not hold firm./ In testimony whereof, we hereto affix our royal seal / and signature," signed Norton I, Emperor on the shaded block below, with a black ink stamping to the left . Unnumbered. Marckhoff Type 2 (Numismatic Scrapbook, March 1982, pp.671-682). The illustrated example in that article was credited to the California State Historical Society (that dated July 3, 1872). This type was missing from major publicly offered collections from the past decades including Clifford and Ford. It is the first red printed note we have cataloged and is a very distinctive type. The later Norton I types frequently realize in excess of $10,000 each. This is worthy of exceeding that level handily due to its much greater rarity and excellent condition. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20111, realized $20400.
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- [Bridgeport, CT - Bridgeport Bank] $5 Audubon Grouse Vignette Type of CT-25 G84. Proof. PCGS Choice New 63 Apparent. A second Bridgeport Bank $5 proof, but an essay or partially finished proof primarily for the engraved designs; missing all the titles and obligations across the center. The imprint is different, with only Draper, Underwood, Bald & Spencer at the upper right. However, the running grouse vignette at the base is a beautifully rendered, finished version. An India paper proof, affixed to original paper backing (cut from a four-subject sheet), as originally from the ABN archives. There is a shadow image of a $10 proof on the back of the paper. Originally with all the vignette design elements as the final proof, Bridgeport harbor scene, Plenty left, and Liberty at right (on this example, cut-out and removed). The FIVE and "5" block counters are present, but lack some finishing details. At the base is the final version of the vignette of Audubon's running grouse as engraved initially for Fairman, Draper, Underwood & Co. This example was originally the bottom impression of an essay proof sheet (or "partially finished proofs" as cited in description) in lot 36 in Christie's 1990 Important Early American Bank Notes, 1818-1874: From the Archives of the American Bank Note Company. This note was published in the original Peck and Newman article as Figure 8a. As an essay, it is one of two known. The other is illustrated in the Whitman Encyclopedia, Volume 3 with a penned title. Noted with some "Minor Stains" and "Missing Right End Vignette" by PCGS. The glue spots at the bottom, from original mounting, are confined to the wide margin. The richly detailed running grouse vignette stands out beautifully upon the white India paper. Extremely collectible and pairs well with the previous finished proof. Ex: Christie's Important Early American Bank Notes 1810-1874 from the Archives of the American Bank Note Company, September 14-15, 1990 (part of lot 36); Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20110, realized $4800.
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- [Bridgeport, CT - Bridgeport Bank] $5 Audubon Grouse Vignette Type of CT-25 G84. Proof. PCGS Choice New 63 Apparent. A second Bridgeport Bank $5 proof, but an essay or partially finished proof primarily for the engraved designs; missing all the titles and obligations across the center. The imprint is different, with only Draper, Underwood, Bald & Spencer at the upper right. However, the running grouse vignette at the base is a beautifully rendered, finished version. An India paper proof, affixed to original paper backing (cut from a four-subject sheet), as originally from the ABN archives. There is a shadow image of a $10 proof on the back of the paper. Originally with all the vignette design elements as the final proof, Bridgeport harbor scene, Plenty left, and Liberty at right (on this example, cut-out and removed). The FIVE and "5" block counters are present, but lack some finishing details. At the base is the final version of the vignette of Audubon's running grouse as engraved initially for Fairman, Draper, Underwood & Co. This example was originally the bottom impression of an essay proof sheet (or "partially finished proofs" as cited in description) in lot 36 in Christie's 1990 Important Early American Bank Notes, 1818-1874: From the Archives of the American Bank Note Company. This note was published in the original Peck and Newman article as Figure 8a. As an essay, it is one of two known. The other is illustrated in the Whitman Encyclopedia, Volume 3 with a penned title. Noted with some "Minor Stains" and "Missing Right End Vignette" by PCGS. The glue spots at the bottom, from original mounting, are confined to the wide margin. The richly detailed running grouse vignette stands out beautifully upon the white India paper. Extremely collectible and pairs well with the previous finished proof. Ex: Christie's Important Early American Bank Notes 1810-1874 from the Archives of the American Bank Note Company, September 14-15, 1990 (part of lot 36); Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20110, realized $4800.
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- Bridgeport, CT - Bridgeport Bank $5 Audubon Running Grouse Vignette 18__ CT-25 G84. Proof. PCGS Very Choice New 64. Another exciting and very rare offering of a historic Obsolete note type. This proof also features the running grouse adapted after Audubon, using the original Fairman, Draper, Underwood & Co. die, but with a slightly later successor imprint. An India paper proof, affixed to new card. With the dual imprint of N. & S. S. Jocelyn, N. York & N. Haven/Draper, Underwood, Bald & Spencer. The period of this short-lived imprint combination indicates the plates were prepared in approximately 1840 or so (the first imprint printed the Territory of Florida notes for example, all hand-dated 1830), using the original Fairman, Draper, Underwood & Co. running grouse die at the base. A superbly rendered design with a custom top central vignette of Bridgeport harbor. A couple in the foreground takes in the scene across the tranquil waters, viewing the buildings across the way. A ship appears anchored in the center and a small steamboat at the left is churning water as it prepares to pass. Flanking the vignette are "5" square dies on shaded lathe work. Plenty is seated at the left end and Liberty at the right end; each corner has FIVE on lathe work. The vignette of Audubon's running grouse is at the base. This has an uncertain earlier pedigree (that is, before the American Bank Note Company archives sales) and possibly is the Haxby plate note (if that illustrated a photocopy). Published in the original Peck and Newman article as Figure 8b. A choice example, and a showpiece. The most recent Whitman Encyclopedia, volume 3 illustrates only a partially finished proof of this type. This might be unique as a finished proof, and it is unknown issued. Like all of these Audubon grouse-vignetted items, a key opportunity. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20109, realized $6000.
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- Bridgeport, CT - Bridgeport Bank $5 Audubon Running Grouse Vignette 18__ CT-25 G84. Proof. PCGS Very Choice New 64. Another exciting and very rare offering of a historic Obsolete note type. This proof also features the running grouse adapted after Audubon, using the original Fairman, Draper, Underwood & Co. die, but with a slightly later successor imprint. An India paper proof, affixed to new card. With the dual imprint of N. & S. S. Jocelyn, N. York & N. Haven/Draper, Underwood, Bald & Spencer. The period of this short-lived imprint combination indicates the plates were prepared in approximately 1840 or so (the first imprint printed the Territory of Florida notes for example, all hand-dated 1830), using the original Fairman, Draper, Underwood & Co. running grouse die at the base. A superbly rendered design with a custom top central vignette of Bridgeport harbor. A couple in the foreground takes in the scene across the tranquil waters, viewing the buildings across the way. A ship appears anchored in the center and a small steamboat at the left is churning water as it prepares to pass. Flanking the vignette are "5" square dies on shaded lathe work. Plenty is seated at the left end and Liberty at the right end; each corner has FIVE on lathe work. The vignette of Audubon's running grouse is at the base. This has an uncertain earlier pedigree (that is, before the American Bank Note Company archives sales) and possibly is the Haxby plate note (if that illustrated a photocopy). Published in the original Peck and Newman article as Figure 8b. A choice example, and a showpiece. The most recent Whitman Encyclopedia, volume 3 illustrates only a partially finished proof of this type. This might be unique as a finished proof, and it is unknown issued. Like all of these Audubon grouse-vignetted items, a key opportunity. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20109, realized $6000.