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Lot 19442

Image Information

Type Currency
Title Lot 19442
Country U.S.
Grade Choice About New 55
Service PCGS
Description Hawaiian Islands $10 No Date (1880) Silver Certificate of Deposit SCWPM 1b. Remainder. PCGS Choice About New 55. This is the first of an interesting quartet of remainder notes, once archived, from the Hawaiian Islands. A beautifully engraved series by the American Bank Note Company, N.Y. and printed with full color tinted faces and full color backs. The majority of notes known today from the series are archival proofs, most from the American Bank Note Company; there are very few Specimens and remainders, and an extremely low population of issued notes. Of the issued notes, the majority were redeemed. At the center of this example a cowboy is lassoing a steer. To the left is a ship so tall it extends beyond its circular frame. At right, keeping within its frame, a train moves forward; mountains are seen in the distance. The ends have the Hawaiian textual denomination. The tint is light orange, and the back is deeper orange with the common series design of Royal Hawaiian Arms at the center, ornate lathe work, and denomination counters flanking. This "remainder" shows Hole Punch Cancels, like a Specimen or Proof note. However, the serial number is "9999" of the 10,000 authorized (the data for the issue is on the facing page of the ABN Archive book where the $10 face and back proofs resided). The serial number "10000" exists and was sold by us at the 2009 FUN Sale for $7,187.50. There were nine proof pairings of this type in the 1990 ABN world note sale, but there were no Specimen notes on bond paper. This serial 9999 is a fascinating member of an elite group of Hawaiian notes and is superior to those cited uniface proof pairs. Ex: Eric P. Newman Numismatic Education Society. Realized $10,575.00. Newman VI (Heritage Auctions, 4/2015), lot 19442. Description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part VI
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