Fr. 113 $10 1880 Legal Tender PCGS Extremely Fine 40 Apparent. PCGS has assigned the Apparent grade to this relatively common 1880 $10 Legal Fr. 113 for "Edge Tears and Minor Damage." The only damage we can spot consists of minor edge nicks associated with the aforementioned tears. Ex: Eric P. Newman Numismatic Education Society. Realized $763.75. Newman VI (Heritage Auctions, 4/2015), lot 19640. Description courtesy of Heritage Auctions.
Fr. 101 $10 1880 Legal Tender PCGS About New 50. Bright, fresh paper and unusually broad margins highlight this large brown spiked seal, red serial number 1880 $10 note. It is a scarcer Friedberg number with only 72 reported in Track & Price. Adding interest, but no additional value, is the full plate number 8 appearing in the extra wide top margin of this "D" position note. Ex: Eric P. Newman Numismatic Education Society. Realized $1,410.00. Newman VI (Heritage Auctions, 4/2015), lot 19638. Description courtesy of Heritage Auctions.
Fr. 101 $10 1880 Legal Tender PCGS About New 50. Bright, fresh paper and unusually broad margins highlight this large brown spiked seal, red serial number 1880 $10 note. It is a scarcer Friedberg number with only 72 reported in Track & Price. Adding interest, but no additional value, is the full plate number 8 appearing in the extra wide top margin of this "D" position note. Ex: Eric P. Newman Numismatic Education Society. Realized $1,410.00. Newman VI (Heritage Auctions, 4/2015), lot 19638. Description courtesy of Heritage Auctions.
Fr. 95 $10 1863 Legal Tender PCGS Fine 12 Apparent. Track & Price reports 88 examples for this variety, which has only one serial number and both bank note company imprints. PCGS has assigned the Apparent grade for "Bottom Edge Trimmed; Minor Discoloration on Back," but these are not terribly distracting. Ex: Eric P. Newman Numismatic Education Society. Realized $998.75. Newman VI (Heritage Auctions, 4/2015), lot 19635. Description courtesy of Heritage Auctions.
Fr. 37 $1 1917 Legal Tender Consecutive Run of Four PCGS Gem New 66PPQ, Very Choice New 64PPQ, 64PPQ and 64PPQ. The four consecutive notes are the "D" position note from one sheet and the "A, B and C" notes from the following sheet. The first note of this group has been graded Gem New 66PPQ by PCGS, which seems a touch conservative as the note appears marvelous and would look equally at home in a 67 holder. The next three notes have all been graded 64PPQ. A lovely and original group. Ex: Eric P. Newman Numismatic Education Society. Realized $1,586.25. Newman VI (Heritage Auctions, 4/2015), lot 19616. Description courtesy of Heritage Auctions.
Fr. 836a $5 1914 Red Seal Federal Reserve Note Face and Back Essay Proof Courtesy Autographed Presentation Piece PCGS Choice New 63 Apparent. An example of one of the few instances where a proof note formally left the Bureau of Engraving and Printing. This Red Seal Richmond $5 displays both its face and back in "windows" within an approximate 15 by 16 inch cardboard frame. Printed beneath the back is, "A die-proof impression of the face and back of the Five Dollar Federal Reserve Note for the Comptroller of the Currency, with compliments of the Director of the Bureau of Engraving and Printing. / Washington, D.C., / October 28, 1914. " It is signed below the printing by BEP Director J(oseph) G. Ralph. The Comptroller of the Currency at this time was John Skelton Williams. He served under fellow Virginian, President Woodrow Wilson, from 1914 to 1921. On December 23, 1913, President Wilson signed into law the Federal Reserve Act which eventually transformed the American monetary system. BEP Director Ralph was assigned the task of designing and producing the new Federal Reserve Notes. During the next year various prototypes were produced until a standardized design was finalized in the autumn of 1914. A small quantity of proof examples were produced as a part of the design process. These proofs were printed from the actual paper money plates onto card stock. The Treasury Seal and the all zero seven-digit serial numbers were glued on by hand at the BEP. The Treasury Department wanted FRNs of the Richmond Federal Reserve District printed first since this was the district that included Washington, DC. Therefore the Proofs to be awarded to various dignitaries were also from the Richmond district. The reason for the Apparent grade is cited as "Paper Toned." This marvelous item is destined for a major collection, or one in the making. Ex: Eric P. Newman Numismatic Education Society. Realized $14,687.50. Newman VI (Heritage Auctions, 4/2015), lot 19603. Description courtesy of Heritage Auctions.
Fr. 198 $50 Act of March 3, 1863 One Year Treasury Note Face Specimen Hessler ITE8FD. PCGS About New 53. This uniface Face Specimen appears to have been produced to exhibit the bond security paper and the olive lace security tint. Printed by American Bank Note Co., New-York. Loyalty by Charles Burt and Hamilton by Owen G. Hanks appear as major elements of this design. Plate position A with two oblong HPCs. Ex: Eric P. Newman Numismatic Education Society. Realized $4,935.00. Newman VI (Heritage Auctions, 4/2015), lot 19600. Description courtesy of Heritage Auctions.
Fr. 196 $10 Act of March 3, 1863 One Year Treasury Note Back Proof Hessler 496BD. PCGS Extremely Fine 40 Apparent. The Act of March 3, 1863 authorized interest bearing notes at the rate of 5% for a term of one year. This back proof was executed on India paper by the American Bank Note Co., New-York. It is the as-issued back design for Fr. 196, incorporating "Persian Rug" style ornamentation and the obligation and counterfeit warning in the center. Mentioned are "Minor Mounting Remnants and Stains on Back," with the back top corners thinned from old glue. Ex: Eric P. Newman Numismatic Education Society. Realized $3,760.00. Newman VI (Heritage Auctions, 4/2015), lot 19599. Description courtesy of Heritage Auctions.
Fr. TN-16 $3 March 25, 1815 "Act of February 24, 1815" Remainder. PCGS Very Choice New 64PPQ. The Newman Part VI sale presented here offers many of the iconic American historical paper money types. Perhaps, though lesser known, the official United States Three Dollar Bill enacted for the War of 1812 Treasury series is one of the most significant. Currency collectors are familiar with Obsolete three dollar bills and in this catalog we reprint Eric's treatment on the subject. There is nothing "Phony" about this United States $3 note and it is appropriate to say this is as "American as a three dollar bill" because the denomination was commonly used in commerce during that time. This is a stunning example, superb and one of the finest encountered and certified. It is part of the February 24, 1815 Act, but with a difference. The note's style and layout are more in character with a circulating, on demand type note and is reminiscent of Second Bank of the United States demand notes. Like all the other notes in the series, engraved and printed by Murray, Draper, Fairman & Co. on watermarked UNITED STATES bond paper with color security threads. This is the Plate B example of the four notes printed on a sheet. With banknote size and format. At top center is an American shield with the motto E PLURIBUS UNUM on a banner. Intricate end panels with left, THREE and right end, UNITED STATES. The obligation is across, the engraved date top center, and 7% interest bearing specified in the center. Listed as Hessler X83A. The note is seen as an unsigned remainder, except for one note only: the unique fully issued note with three signatures sold at the October 2004 Ford Part VI sale for $60,375 (and many would consider that a six-figure note today.) Remainder notes are elusive, and Hessler's Rarity-6 rating (12-30 known) seems plausible; at least two sheets were cut up in the past 35 years and there are single notes in collections, though usually strongly held. Most recently, the ex: John Whitney Walter note was sold in November 2012 by Stack's Bowers for $25,100. That note was a PMG About Uncirculated 58. This PCGS 64PPQ note is perhaps the finest Remainder note extant and it is certainly an inspiring example. A museum caliber note that has been justifiably admired at both the past and current Newman Money Museums. It meets all the requirements for setting a record price for the type. Ex: Eric P. Newman Numismatic Education Society. Realized $28,200.00. Newman VI (Heritage Auctions, 4/2015), lot 19594. Description courtesy of Heritage Auctions.
South Carolina April 10, 1778 15 Shillings Fr. SC-150. PCGS Choice About New 58PPQ. The April 10, 1778 notes are mostly available, and are often found in high grade. However, there are some rarer denominations from this series' other plate, including this 15 Shillings with the Sun vignette. Printed on laid paper, this is very well centered with fresh, original paper quality. The surfaces are immaculate and this appears to be Choice uncirculated at first glance. This is a challenging type to locate in high grade, and nearly impossible in strictly New condition. Superior to the Boyd collection note sold in Ford XV. Ex: Eric P. Newman Numismatic Education Society. Realized $2,585.00. Newman VI (Heritage Auctions, 4/2015), lot 19550. Description courtesy of Heritage Auctions.