August 2024 Global Showcase Auction – 12 - 23 August 2024
Ancient and World Coins and Currency
Part B: Mo, 12.08.2024, from 6:00 PM CEST
Part C: Mo, 12.08.2024, from 10:00 PM CEST
Part 1: Tu, 13.08.2024, from 1:00 AM CEST
Part 2: Tu, 13.08.2024, from 6:00 PM CEST
Part 3: Tu, 13.08.2024, from 10:00 PM CEST
Part D: We, 14.08.2024, from 6:00 PM CEST
Part 4: We, 14.08.2024, from 9:00 PM CEST
Part 5: Th, 15.08.2024, from 5:00 PM CEST
Part E: Fr, 16.08.2024, from 5:00 PM CEST
Part 6: Fr, 16.08.2024, from 9:00 PM CEST
Part 7: Sa, 17.08.2024, from 5:00 PM CEST
Part F: Sa, 17.08.2024, from 6:00 PM CEST
Part 8: Mo, 19.08.2024, from 7:00 PM CEST
Part G: Tu, 20.08.2024, from 6:00 PM CEST
Part 9: Tu, 20.08.2024, from 7:00 PM CEST
Part H: Tu, 20.08.2024, from 8:00 PM CEST
Part 10: We, 21.08.2024, from 6:00 PM CEST
Part I: We, 21.08.2024, from 6:00 PM CEST
Part 11: Th, 22.08.2024, from 6:00 PM CEST
Part J: Th, 22.08.2024, from 6:00 PM CEST
Part K: Fr, 23.08.2024, from 6:00 PM CEST
Part 12: Fr, 23.08.2024, from 6:00 PM CEST
Description
Important $5000 Proof from the Union Bank of New York City
One of Two Known
New York, New York. Union Bank. 18xx $5000. Haxby NY-1946-G96. PMG Very Fine 25 Net. Restoration. Proof.
Any Obsolete Note denominated $3000 or higher is an incredibly rare sight at auction. In our decades of cataloging many of the rarest Obsoletes; we have handled very few of these elite ultra-high denomination pieces. This piece which can trace its pedigree to the Schingoethe Collection realized over $4,000 in 2005. The only other example of this SENC rarity was in the Newman Collection in roughly similar condition. It fell just short of $10,000 in 2015 and is still strongly held. PMG notes "Restoration" which is academic in this case as it faces up exceedingly well for both the grade and in spite of the aforementioned comment. An important opportunity for an elite-level collector of Obsolete proofs seeking to build a collection without equal. PMG Comments "Restoration."
Estimate: $5000.00- $7500.00
Question about this lot?
Bidding
| Price realized | 3'600 USD |
| Starting price | 3'000 USD |
