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Session 1 (Closed)
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Stack’s Bowers and Ponterio   |   The August 2018 ANA Auction   |   23 August 2018 Sort by Lot-NumberSort by Estimate
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Session 1, Lot 10022

Estimate: 400 USD   |   Starting price: 200 USD Price realized: 1'800 USD

United States of America. Acts of July 17th and August 5th, 1861. $500 6% Coupon Bond. Hessler X128I. Face Proof. Fine, Impaired.
An extremely rare coupons-under-bond type and a colorful face Proof from this key act. Face Proof printed on India paper only by the National Bank Note Company (New York) in issue colors. 33.5cm by 26.6cm. Orange frame and coupons. Eagle at the top center over arcing title. Left and right end with Civil War style vignettes. Large 500 dies in upper corners composed of Durand patented elements. Orange 500 protector. There are two rows of coupons remaining with the bond Proof (from the 39 originally). This type is confirmed in Hessler. Also, Ford VI: 482 had a full bond remainder with all coupons attached which realized $6,900. This has a body hole at the left in the vignette, thins, wrinkling, but has strong color. Impaired, but a rarity and very collectible. Likely originally from the American Bank Note Company Archives.

From the John E. Herzog Collection.

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