| Description |
Jefferson City, MO - State of Missouri-Union Military Bond $10 July 30, 1863 Cr. UG14. PCGS Very Fine 20 Apparent. A difficult-to-find $10 note from the scarce third series of circulating Union Military Bonds. The Newman Collection contained the most types from this series observed since the 1981 Vacca auction by NASCA. On March 9, 1863, $3,000,000 of circulating bonds was authorized, with the enactment date engraved on the green back, to pay the Missouri Militia. The notes were payable "twelve months after" they were issued and paid 6%. An additional enactment followed, and three engraved years are observed on the face plate: 1863, 1865, and 1866, with "1863" observed here. The American Bank Note Co., Philada. engraved the face and back plates and printed the notes. At the lower right are three allegorical females representing Plenty, Commerce, and Justice beneath a "10" counter. General Francis P. Blair, Jr. is at upper left. At center left are the lengthy obligations and a small Missouri state seal. The green security back has the title across, with "X" above and below at the center, several dies, and the enactment date of March 9, 1863, along the bottom. Plate C. Rare, and the first of this type offered from the Newman Collection. Noted with "Small Splits and Tears." The faults are minor, and overall this is a pleasing example. Ex: Eric P. Newman Numismatic Education Society.
From Newman X (Heritage Auctions, November 2018), lot 20161, realized $2040. |
