||Columbia, SC - State of South Carolina $5 Dec. 1, 1873 Cr. 15. PCGS Very Choice New 64. This was also a very rare series in the older listings and, until the South Carolina dispersal, not often seen. A well engraved American Bank Note Company production with green protectors and full green back. At the center is iconic scene of General Marion's Sweet Potato Dinner, engraved for earlier Obsolete notes. The original vignette is based on the painting by John B. White, General Marion Inviting a British Officer to Share His Meal. The image is well known to collectors due to its appearance on these post-1866 note types. Like the 1866 notes, the entire series was once very rare and formerly rated Rarity-10 in Shull-Criswell (5-15 known). However, remainder sheets, cut-cancelled, were dispersed by a state agency within the past six years and the rarity is now substantially less, perhaps Rarity-2 (5,001-10,000). At the bottom corners are portraits of General Thomas Sumter and General William Moultrie. The back has a detailed obligation in the center flanked by large dies. Pen endorsed cancelled on one side of the back. This was once an unequivocal four-figure note. A very choice example compared to the archived dispersed pieces from the hoard. Ex: Eric P. Newman Numismatic Education Society.
Realized $211.50. Newman VI (Heritage Auctions, 4/2015), lot 19317. Description courtesy of Heritage Auctions.