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Lot 19103

Image Information

Type Currency
Title Lot 19103
Country U.S.
Grade Very Fine 25
Service PCGS
Description Gardiner, ME - Oakland Bank $1 Sept. 1, 1864 ME-335 G2c Wait-22. PCGS Very Fine 25 Apparent. This rare type is listed and priced, but not plated in Haxby. However, this is the George Wait Maine plate note; the pen cancellations and light foxing patches match that illustration perfectly. George Wait was a foundational Obsolete banknote researcher and corresponded with Eric Newman while writing Maine Obsolete Paper Money and Scrip (1977, published for the Society of Paper Money Collectors by Krause Publications ). Newman supplied a high quality photograph to illustrate the type. The American Banknote Company engraved and printed it using vignettes and end panel work originally conceived by Danforth, Wright & Co. In the center are the titles and a bold green protector scheme that shows through to the back in mirror image. At the upper left is a blacksmith at work. The end panels are extremely detailed with perpendicular ONE vertically. Strong paper body, but noted are pen cancels and "Minor Stains" as mentioned, and also some "Small Edge Tears." Definitely of interest as a rare type with plate note status. Ex: Eric P. Newman Numismatic Education Society. Realized $1,527.50. Newman VI (Heritage Auctions, 4/2015), lot 19103. Description courtesy of Heritage Auctions.

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