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Lot 19100

Image Information

Type Currency
Title Lot 19100
Country U.S.
Grade Very Fine 25
Service PCGS
Description Bangor, ME - Bank of Bangor $1 March 20, 1835 ME-40 G4. Wait-2 PCGS Very Fine 25. The notes of Maine often reflect the seafaring, agricultural and forest economy of this state that was carved out of the original Massachusetts Bay Colony. This is an extremely rare Bangor bank and type engraved by New England Bank Note Co. (NEBNC) and additional imprint of Patent Stereotype Steel Plate (PSSP) at the bottom right. (Sir William) Congreve Patent Check Plate backs, as seen on this type, were sometimes used by several early series New England banknotes. The multi-color patent pattern reminiscent of parquet wood flooring is strongly printed on the back of this example. On the face, at top center within an oval, a maiden representing Agriculture stands in a field. At left is a small, rarely used diminutive whaling vignette designed for end panel use: the Leviathan swings his tail and turns over, struggling to avoid his impending capture. Seated Agriculture appears at the right end. This choice example is extremely rare. We have confirmed only one other; that note was in our January 11, 2003 Norman Pullen Maine Collection sale (lot 21035) which realized $2,090, just over high estimate. It is likely the unillustrated Haxby citation (priced, but not plated). However, that cited note is plated in the 2014 Whitman Encyclopedia of Obsolete Paper Money: Volume 2 by Q. David Bowers. This splendid treasure is of a much superior grade and shows an especially sharp Congreve Patent color back. Ex: Eric P. Newman Numismatic Education Society. Realized $3,055.00. Newman VI (Heritage Auctions, 4/2015), lot 19100. Description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part VI
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