| Description |
United States of America � Elgin, IL - $20 1875 Fr. 431 The Home NB of Elgin Ch. # 2016. PCGS Fine 15. A newly reported note and first public offering. This type is difficult to procure from any state, and early First Charter and 1875 Series $20 notes are underrated rarities. The later notes from the Home National Bank are encountered, but the earliest notes are extreme rarities. This is the first reported 1875 $20 and one of only four First Charter or 1875 notes known from the bank. This is the first of those four to appear publicly since an 1875 $10 sold in our predecessor 1992 CAA auction. Like all First Charters, a magnificently designed layout. The left end's fierce Battle of Lexington scene, based on Theodore A. Lishler's painting, was engraved by Joseph I. Pease. The right end allegory of Loyalty was engraved by Alfred Jones. The backs on this issue were conceived from paintings in the U. S. Capitol. The Baptism of Pocahontas was painted originally by John G. Chapman and engraved by Charles Burt. No. 3025. Plate A/ E745732. This is a problem-free example that is exceptionally attractive. Ample face margins are on three sides; only the bottom is tight. The vivid green back's central back vignette is intricately detailed. A prize note for a specialized Illinois Nationals collection. Ex: Eric P. Newman Numismatic Education Society.
From Newman X (Heritage Auctions, November 2018), lot 20196, realized $5040. |
