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Lot 19047

Image Information

Type Currency
Title Lot 19047
Country U.S.
Grade Fine 15
Service PCGS
Description Hutsonville, IL - Patriotic Bank $10 Sept. 12, 1859 IL-390 G6 SENC. PCGS Fine 15. This mesmerizing Obsolete rarity is specially designed and, to the best of our knowledge, unique. The bank is all SENC in Haxby, unusual for Illinois banks as their notes have been well collected and studied for over a century. The Schingoethe's Illinois Obsolete note collection, assembled from the core collections formed by Dennis Forgue and Glenn Smedley, did not have an example from this bank. A wonderful Gothic title is across. The top center portrays a newly discovered historical vignette. It is neither mentioned in Roger H. Durand's Interesting Notes about History nor the historical notes compiled for The 52 Collection: Part II sale. The illustration and its origin (presumably American) will be the subject of further research. Other notes are only listed for the bank, but are described from Banknote Reporters (the periodicals of the day that bankers and merchants used to detect counterfeits and spurious notes) as having the Battle of Lexington vignette used by this note's imprint, the American Banknote Company. As a bonus, the note is in problem-free and sturdy Fine condition. Without a doubt, this is one of the greatest issued Obsolete notes from Illinois and worthy of eclipsing the high estimate. This may be a once-in-a-lifetime opportunity to own a note published here and sold for the very first time. Clearly, this is another prize from the Newman collection. Ex: Eric P. Newman Numismatic Education Society. Realized $5,640.00. Newman VI (Heritage Auctions, 4/2015), lot 19047. Description courtesy of Heritage Auctions.

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