(Scotia, MO) - Scotia Iron Works Store 50 Cents Undated (ca. 1872). PCGS Extremely Fine 45PPQ. A third change bill-denomination from this iron works store and in very high grade. The layout and size are similar to the other lower denominations. Printed on white bond paper by Democrat Lith. & Printing Co., but without imprint. At the left end is standing America with the American flag and the wreath of Peace. Titles are in the center with a large green \"50\" protector and FIFTY CENTS across. The right end has a safe below and \"50\" die above. The engraved \"sup't\" signature is at bottom right. The red back shows RECEIVABLE / FOR / MERCHANDISE / AT / CASH PRICES in an oval flanked by outlined counters. Unnumbered. This note was \"Pen Cancelled\" at the left face with the date \"April 9/[18]77.\" A stellar example, and we cannot imagine a finer note from the issuer. Wide margins and bold colors are on both sides. This rarity is in superb grade and is the only example we have seen. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28526, realized $1320. Image and description courtesy of Heritage Auctions, https://ha.com.
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