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Lot 19219


Image Information

Type Currency
Title Lot 19219
Date
Country U.S.
Grade Very Choice New 64
Service PCGS
Denomination
Description St. Louis, MO - Union Bank of Missouri $10 Branch Payable 18__ MO-65 G88a SENC. Proof. PCGS Very Choice New 64 Apparent. We had never seen a $10 type from this series. Only its description in Haxby and the SENC listing provided evidence of its existence, but now it is confirmed. Which of these American Bank Note Company color proof layouts is the finest is in the eye of the beholder. But they are all majestic and accomplished with the highest standard of banknote engraving craftsmanship that money could buy. Printed on India paper only and with Hole Punch Cancelled as seen on proofs noted on the holder. The title curves across the center, with the right portion over the oval male portrait used on this series (MO-65 G86a), flanked by a wharf scene, showing products related to the shipping industry, with a steamship and sailboat in the distance. At the far left is the statue of Freedom that is at the top of United States Capitol building, also appearing on the first $5 Demand Notes and $5 Legal Tender notes. The vermillion lathe work encircles the pair of "10" counters at top, both with adjacent cherub details, and an "X" at each side, the left one shorter and fitting just under the beginning of the title. It is difficult to think of enough superlatives to express the eye appeal of this proof, but it is among the most beautiful ABN imprint note designs we have ever encountered. The Apparent designation is a bit overstated for the superb preservation seen, as only old-time "Hinge Remnants on Back" are noted. We view these back hinges (often applied by stamp collectors to affix material to album pages) as a mark of an old and illustrious pedigree, and a decades-old appreciation of the proofs. Beautifully framed, with the color vibrantly glowing on the bright white India paper; destined to be an elite Obsolete in the next collection it graces. Ex: Eric P. Newman Numismatic Education Society. Realized $5,640.00. Newman VI (Heritage Auctions, 4/2015), lot 19219. Description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part VI
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