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Lot 20177


Image Information

Type Currency
Title Lot 20177
Country United States
Description Westerly, RI � Washington Bank in Westerly 16 Cents/One Shilling Aug. 22, 1800 RI-560 G10, Newman page 403. PCGS Fine 15 Apparent. In Obsolete currency, this is arguably the most important odd denomination note extant as it is unique to our knowledge. It was missing from all the major denomination sets including the definitive Schingoethe Collection, which had the 11 Cents / 8 Pence note from this series. The plate note in the Roger Durand "Denominations" volume where it is rated "U" or "Uncollectible." That is the only other known note from this Newman-listed series. Plated on page 403 of the fifth edition. The border around the perimeter is a combination of lines and type ornaments. The denomination "16 Cents." Is at top center with a "W" at left and "B" at the right. A large ONE SHILLING is above the obligation. The signatures of R. Babcock as president and A. Clark as cashier remain strong. Noted with a "Small Hole at the Left" as seen on all plated images of this key piece. The Roger Durand rarity rating, published 30 years ago, will be shattered when the hammer falls upon this unique prize and it joins its next esteemed cabinet. A priceless currency note. Ex: Eric P. Newman Numismatic Education Society. From Newman X (Heritage Auctions, November 2018), lot 20177, realized $1440.

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Image Collection Eric P. Newman Collection, Part X
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