Big guns go for big bucks at Smythe sales of shipwreck artifacts, currency, stock certificates and obsolete notes

Released on: November 13, 2007, 11:07 pm

Press Release Author: R. M. Smythe & Co

Industry: Advertising

Press Release Summary: A twin pair of brass canons from the 1784 shipwreck "El
Cazador" saw a final bid of $10925 each, bringing the total for the one week, four
auction extravaganza at Smythe to $1,259,250

Press Release Body: Manhattan, New York - November 13, 2007 - Over 5500 lots which
included an intriguing mix of historical paper, currency, stock certificates and
artifacts recovered from the 1784 shipwreck "El Cazador" were greeted by
enthusiastic bidders at Smythe & Company. The one week, four auction, whirlwind of
sales that ended November 1, realized a total hammer of $1,259,250.

Among the more noteworthy offerings were a pair of 18th century Spanish bronze
breech loaded cannon. They were of typical form, measuring 39 1/2\" in length and
weighing 200 Lbs each. These canon were marked with the Bourbon arms of Charles III
on their barrels. Each cannon realized $10925

"With four auctions closing in such a short period, it was a very busy week for us
at Smythe." said Mary Herzog, Vice President of R. M. Smythe & Co. "The \'El Cazador\'
shipwreck artifacts brought us a great deal of interest, but we also saw very strong
bidding activity among many of the other lots."

Other noteworthy sales from the auctions include:

Lot #: 2065 Estimate-$1,250-2,500 United States of America 5/11/1779. Virginia. #21.
24 Dollars in Twenty Livres Tournois. Red. Sheet of three certificates. Anderson
US-99. Hessler X32C.Signed by Armistead and Francis Hopkinson, signer of the
Declaration of Independence. Tear in the upper right of the top certificate,
otherwise VF. Realized - $4830

Lot #: 2062 Commonwealth of Virginia 12/22/1781. #10201. Land-Office Treasury
Warrant. 500 Acres/800 Pounds. Issued to and boldly signed on the reverse by Daniel
Boone. Unlisted in Anderson. Fine, but with age tone. Broken folds have been
expertly repaired. Ink is light with thin spot on verso of document. Realized -
$8625

Lot #: 3490 Estimate-$800-1,200 RI. Wakefield, South Kingston. Bank of the South
County. $25. 1850s. (RI-515 G16). Proof on India paper. Men working in foundry, top;
Indian maiden as Liberty, left; young woman seated with spyglass, right. TCC. VF-EF.
Realized - $2990

Lot #: 1596 Colombia. 8 Escudo, 1780NR JJ. Carol(us) III. KM 50.1. (NGC MS-63).
obv.: Armored bust, facing right. rev.: Crowned arms in collar of the Golden Fleece.
Nicked neck. tiny blackened reverse spots visible under magnification. Realized -
$9200

Lot #: 2662 Estimate-$3,000-5,000 MA. Boston. Market Bank. $2. 1860s. (MA-265 G16a
SENC). Full red tint lathe. Proof on India paper mounted on card. Group of elk at a
stream. Corn basket lower left and male portrait lower right. Intricate color lathe
work derived from the Cyrus Durand patents with the city and title interwoven with
the denomination protectors in a repeating pattern across the note. An absolutely
stunning impression. The India paper mounted directly to a gilt edged wide margined
card with an overleaf of tissue guard from the presentation album. The only one we
have handled from this series. The only other note from this Market Bank series by
the National Bank Note Co. we have seen was the Denly Collection note that came from
the January, 2002 CAA Sale. This example has small POC and was remounted on the wide
card smartly. Some minor edge wrinkling on the India. NBN. Choice Uncirculated.
Realized - $6325

Lot #: 1594 Spain. 1/2 Escudo, 1754M JB. Ferdinand VI. KM 378. (NGC AU-58) obv.
darkened area behind head. rev. die break above \"ISP\". At this grade, a successful
mail bidder will be pleasantly surprised. Realized - $7762

Lot #: 1595 Colombia. 8 Escudo, 1779NR JJ. Carol(us) III. KM 50.1. (NGC MS-64).
obv.: Armored bust, facing right. rev.: Crowned arms in collar of the Golden Fleece.
Slight lamination on cheek, and rubbed forehead away from Gem. Realized - $14,950

Lot #: 1314 Bulk lot of American Eagle proofs in Original Mint Packaging. Lot
includes: 1) 1986 Silver Eagles (10) 2) 1987 Silver Eagles (5) 3) 2004 Silver Eagles
(2) 4) 1986 One ounce Gold Eagles (7) [24] Realized - $6050

Lot #: 1278 1799 Small Stars BD-7 NCS AU Details, Damaged. R-3. A nice shade of
yellow gold, and despite its flaws has a decent eye appeal. The damage that the NCS
holder cites appears to be limited only to the rims. Realized - $9200

Lot #: 2164 United States Treasury Note (USA) Act of October 12, 1837. Hessler
X-99I, Rarity 8. Specimen. Allegorical Wealth. Mercury, left. Justice, right. In
1837 a major depression hit the United States (Panic of 1837). To raise funds the
government issued interest-bearing notes in denominations of $50, $100, $500 and
$1000 that were redeemable one year after being issued. Blank notes were also issued
so other denominations could be written in. The interest rate also varied which was
to be written in. Ex Mittendorf Collection. Tipped onto larger sheet. EF. Realized -
$6325

Lot #: 2133 Standard Oil (OH) 1875. #6. 100 shares. Black. Capitol Building. Liberty
with flag and sword (\"The Standard Bearer\"). The original Standard Oil founded by
John D. Rockefeller and signed as president by him. Also signed by Henry Morrison
Flagler as secretary and again on the stub. Issued to and signed on the stub by
Charles Pratt . Lightly cancelled in red pen through the vignette and the officers\'
signatures, hardly distracting. An extremely important piece of American financial
history representing the early days of one of America\'s most significant industries.
VF+. Realized - $4600

All prices listed include a 15% buyers premium. A complete catalog of all 5500+ lots
including photos and realized prices can be viewed online at:
http://static.smytheonline.com/prices_realized/index.php

Accredited media interested in scheduling an interview to discuss this release or
past or upcoming auctions are encouraged to contact Mary Herzog at 212-943-1880

About R. M. Smythe & Co.
R. M. Smythe and Co., established in 1880, buys, sells, and auctions coins, paper
money, stocks and bonds and autographs at their corporate headquarters at 2 Rector
Street in the heart of the Financial District in New York City. To order a catalog,
to contact any of the firm's specialists, or to make general inquiries, call
212-943-1880 or 800-622-1880, or visit the firm's website at:
http://www.smytheonline.com.


Web Site: http://www.smytheonline.com

Contact Details: 2 Rector Street, 12th Floor, New York, NY 10006
New York
Phone: 212-943-1880
webmaster@smytheonline.com

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