||New York, NY - Seventh Ward Bank $1000 18__ NY-1910 G20 SENC. Proof. PCGS About New 50 Apparent. The highest denomination from the Chartered Bank issue of notes engraved and printed by Rawdon, Wright, Hatch & Co., New-York on India paper. This is another newly confirmed SENC discovery from the Newman collection and has been paired with its $500 sheetmate from the time of printing and surviving to this day. The top vignette, signed by Hatch and Rawdon, has Mercury (as Plenty) about to share his bounty with seated Commerce; an eagle is behind. As with the $500, the vignette base bisects the long title going across the center from end to end. The upper corners each have "1000" dies on shaded lathe work. The bottom corners each have a small vignette of the launching of an American frigate watched by a crowd of people, which was used on this series. Also Hole Punch Cancelled as prepared at RWH and noted with "Mounting Remnants on Back; Minor Stains." Despite not being perfect, this is still very attractive and at this time unique, an irreplaceable note to our knowledge. Ex: Eric P. Newman Numismatic Education Society.
Realized $7,050.00. Newman VI (Heritage Auctions, 4/2015), lot 19268. Description courtesy of Heritage Auctions.