||Boston, MA - Shoe & Leather Dealers Bank $20 Sept. 1, 1863 MA-355 G12b SENC. PCGS Very Fine 30 Apparent. Occupational titles have been collected traditionally by National Banknote collectors for decades, but not as actively by Obsolete note collectors. The imprint is only the small "ABC" monogram and the note is issued and dated late in 1863. The initial plate was engraved much earlier by Rawdon, Wright, Hatch & Edson, and exhibits an early 1840s style of vignettes. This spectacular type combines an occupational title with a custom engraved, extremely wide view of an active wharf scene with a warehouse to the left and ships being loaded at the right. There are men working in different roles too numerous to mention. At the left is an Indian and at the right, an eagle. Across the center is a vibrant red protector TWENTY. The note was fully issued, cancelled with some small punch holes in the signatures upon redemption, and saved. The Apparent designation might be a bit harsh as they mention the "Minor Rust Stains on Back," which do not show to the bright face, making this example appear superior to its technical grade. Ex: Eric P. Newman Numismatic Education Society.
Realized $2,585.00. Newman VI (Heritage Auctions, 4/2015), lot 19120. Description courtesy of Heritage Auctions.