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Lot 19225

Image Information

Type Currency
Title Lot 19225
Country U.S.
Grade Very Fine 30
Service PCGS
Description Dover, NH - Strafford Bank (1st) $100 18__ NH-75 G88 SENC. Proof. PCGS Very Fine 30. This is an impressive and newly discovered Perkins Patent Steel Plate vignetted type from the first Strafford Bank, Dover period (1823-1845). We consider this a "Proof," prepared on bond paper that would have been used for issued notes and printed with extra pressure and plate preparation to create an especially sharp impression. The subtle, contemporary red pen squiggle would have notified bank officials that this was a sample. Haxby places all the Strafford Bank title notes together from 1803-1865, while Q. David Bowers separates the title into three separate periods of issue. Technically, this is an unlisted first bank title type. This is a magnificent design and one of the most alluring in the entire Obsolete section of this auction. At the center is an oval with reclining allegorical New Hampshire, a titled banner on ribbon above, and a Greek tragedy mask by her knee. At each end are finely machined panels, each with ONE HUND perpendicular. Across the center are the titles, location, and denomination on lathe work strips and dies. This is a great rarity from New Hampshire and the first we have seen. The only other note with this style we have encountered was Perkins' similar oval vignetted note for the State Bank, Boston, showing the Massachusetts allegorical scene (see Stack's 52 Collection Part I, June 2010, Lot 5346, also ex: Denly Collection, from our 2003 CSNS sale).This is exceptional, with a desirable location, excellent condition, and the highest rarity. The Newman paper currency collection presents several opportunities to obtain the most eclectic and significant Obsolete types, such as this note. Ex: Eric P. Newman Numismatic Education Society. Realized $4,230.00. Newman VI (Heritage Auctions, 4/2015), lot 19225. Description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part VI
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