||Dover, NH - Strafford Bank (1st) $3 May 2, 1825 NH-75 G28. PCGS Very Fine 25. This is a much rarer Strafford Bank $3 note from the first bank period (1823-1845), with the earlier Perkins Patent Steel Plate (PPSP) imprint; the notes from the second bank used NEBN plates. The relatively simple PPSP plate features finely machined end panels with the title, state, denomination, and city on rectangular lathe work strips as well as three different oval counters: a very charming and well defined Perkins style plate. This is a superb grade for a note whose rarity rating should be higher in the 2014 published Whitman Encyclopedia Volume 2 (rated URS-5, but likely URS-3). The present note is superior in grade to that plated example. This excellent representative of the Perkins Patent 1820s period notes is from a rare series. Ex: Eric P. Newman Numismatic Education Society.
Realized $1,880.00. Newman VI (Heritage Auctions, 4/2015), lot 19224. Description courtesy of Heritage Auctions.