St. Louis, MO - Treasurer of the City of St. Louis-City Treasury Warrant $3 June 1, 1861. PCGS Very Good 10 Apparent. The $3 notes from this City of St. Louis issue are very complex compared to the $1 and $2 notes. The denomination was extensively counterfeited, and there appear to be counterfeit plate variations which should be studied carefully. Genuine $3 notes are rare and may have been withdrawn due to the counterfeiting. Unlike $1 and $2 notes, fewer hole-cancelled genuine examples have been observed. This is a genuine note with the imprint of the American Bank Note Co., New-York. At top center, various commercial goods on a wharf dwarf the steamboat in the background. A plate diagnostic cited by Eric Newman is that the steamboat smokestacks are thinner on the genuine notes. The top corners show elaborate frames for the serial numbers, and the bottom corners have \"3\" dies. No letter. Signed by Armstrong as commissioner. No. 1283. Noted with \"Splits and Tape Repairs; Stains.\" The note is worn, but intact, and very rare as a genuine example. Ex: Eric P. Newman Numismatic Education Society\n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28558, realized $84. Image and description courtesy of Heritage Auctions, https://ha.com.
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