Lot of (2) Circa 1850s $10 Interest Bearing Note. PCGS Currency Choice New 63. Face and Back Composite Essays.Hessler-Unlisted. Not a federal issue, accounting for it not being studied in standard references such as Friedberg and Whitman. Pair of hand constructed essays for the face and back by N. & S.S. Jocelyn of New Haven or an affiliated Jocelyn entity. This was probably done in response to a proposal from the Treasury Department, which did not organize its own special currency department until 1861. Hand drawn with built up elements of India paper and sepia photographic vignette, mounted on Reynolds Bristol Board with impressed crown in circle. The counters are in red and made of India paper engraved and printed. The top three vignettes are sepia elements mounted on the board. The texts are in black. The back is orange composed of intaglio India paper elements mounted to the board. A unique essay and originally part of a three note sheet offered in the Ford sales. These originally surfaced in the Jocelyn group that was handled by Nasca in the early 1980s. Just some minor aging, otherwise extremely bright and attractive. Unique and certainly a piece that will give great depth to any collection.Heritage Auctions sale of January 13-15, 2005, lot 16616; Stacks sale of the John J. Ford Jr. Collection, Part VI, October 12, 2004, part of lot 491.
