Saint Louis, MO - $10 1875 Fr. 419 The St. Louis NB Ch. # 1112 PCGS Extremely Fine 45 Apparent. This is an attractive, high-grade example of a much scarcer type and denomination for the state of Missouri. It is only the eleventh 1875 $10 reported for the entire state and just the third from any St. Louis bank. It is as pretty as it is rare with vividly printed details. On the face, the vignette Franklin and Electricity is at left, and America Seizing the Lightning is at right. The back vignette of DeSoto discovering the Mississippi River projects a three-dimensional appearance. In our opinion, the PCGS Apparent grade is overly conservative. The noted \"Minor Rust Stains\" amount to a trivial rust speck that does not detract from the gorgeous appearance of this note. In 2011, we sold a slightly lesser graded piece from a Kansas City bank for almost $4500 and fully expect this lovely specimen from the Newman holdings to equal that figure. Ex: Eric P. Newman Numismatic Education Society\n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28306, realized $4080. Image and description courtesy of Heritage Auctions, https://ha.com.
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