SOLD
1,700.00USDto h*******2+ buyer's premium (382.50)
This item SOLD at 2015 Apr 11 @ 10:49UTC-7 : PDT/MST
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While several proof examples exist (as seen in the Ford Collection), this may be the only issued piece of this denomination in existence. Issued December 1st, 1862. Dateline Denver, C.T. (Colorado Territory). No. 2167 or 2467. Very poor condition: creases, soiling, tears, portions missing. Extremely rare possibly unique. Approx. 2.5" x 6"
This particular note may have belonged to famous New York numismatist Edgar H. Adams (author of Private Gold Coinages of California, 1849-1855 : Its History and Its Issues, 1911-12). Adams wrote to E.B. Morgan (president of the Colorado Historical Society) about a 20 cent Cook note: "So far as I can learn, it is the only note of the Cook issue extant and I was much gratified to come in its possession at the Chambers sale held in Philadelphia a year or two ago...It is certainly a very interesting piece of Colorado paper currency, but what it will bring I cannot hazard a guess."
The Rocky Mountain News reported on the issuing of these notes, but fails to mention the 20 cent denomination: "Our people suffered great inconvenience in their business transactions in consequence of the great scarcity of small change. To remedy this difficulty in measure, C.A. Cook & Co., bankers of this city, have gotten up very neatly lithographed notes of the denomination of ten, twenty-five, and fifty cents, and one dollar, which they redeem in current funds, when presented in the sum of five dollars. They will prove a great convenience to the business of our city, and the well-known integrity and responsibility of this house will secure them in general circulation." (December 13, 1862)
Mumey discusses how "the Cook notes, which circulated from 1861 to 1863, were redeemable and lawful currency at their place of business. Nearly $2,000 were issued up to the time of the big fire in Denver, which occurred on Sunday, April 19, 1863...The Cook building was the first to be burned to the ground. It is not known how many of the scrip notes were destroyed in the disastrous fire, nor how many were saved from the conflagration. During the fire, Cook and Sears rushed into the burning building and rescued their cashbox...[They] withdrew the notes from circulation, redeemed all that were brought to them, and ceased issuing their scrip." (Colorado Territorial Scrip)
City: Denver
State: Colorado,
Date: 1862
FHWAC#: 27202
Auction Location:
3555 Airway Drive Suite 309, Reno, Nevada, 89511, United States
Nevada State Sales Tax
Taxes:
| Tax | Rate | Desc. |
| NSST |
7.75% |
Nevada Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
22.5% |
Additional Fees:
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Western Prospects: Discovering
Americana & Numismatics
Absentee Bidding will end
Thursday, April 9th, 2015 at 5pm PDT,
Internet bids accepted any time
Terms and Conditions
1. This is a Live Auction conducted by Holabird’s Western
Americana Collections LLC (HWAC).
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note that there may be delays or interruptions in internet
connectivity that are beyond our control. Attending the live
auction or arranging for an agent is the most reliable way to secure
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WARNING: Auction participation through the live internet bidding
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under development, and the operation of it and the corresponding
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have attempted to use the live internet bidding process as their
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or any other factors leading to unaccepted bids that are far beyond
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they highly desire. Live participation is best, followed by phone
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generally reserved at or near spot, though it could be slightly below
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and in whole dollar amounts only in the appropriate increments
as outlined below. If you choose to submit bids in an increment not
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questions about an appropriate bid amount, please call us.
From: To: Increment:
$1 $95 $5
$100 $190 $10
$200 $475 $25
$500 $1,450 $50
$1,500 $3,400 $100
$3,500 $9,750 $250
$10,000 $max $500
9. Bid Reduction: All winning absentee bids will be reduced, if
necessary, to the next bidding increment up from the last competing
bid, as long as the minimum bid requirement has been met. For
example, if you submit an absentee bid of $1000 and the next highest
competing bid is $250, then you will win the lot for $275.
10. Bid Information: Collectors often ask in advance the price level
of a particular lot. We will give out the current high absentee bid until
we close the day before the live auction. You may also view absentee
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the absentee bids as often as necessary, bids received close to the
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12. All stock certificates, checks, warrants, and other financial
documents sold herein are sold as antiquities, and have no
financial, securities, or public trading value whatsoever.
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14. The placing of a bid shall constitute the bidder’s acceptance
of these terms of sale.15. Buyer’s Premium: There will be a 19.5% Buyer’s Premium
added to each lot. US coins, nuggets, and bullion are calculated at
a 15% buyer’s premium. These premiums include a 3% discount
for transactions paid with cash, checks, money orders or wire
transfers. All other forms of payment are not subject to the 3%
discount and the Buyer’s Premium will be calculated at 22.5%
(18% on US coins, gold, & currency.)
15.Buyer’s Premium: There will be a 19.5% Buyer’s Premium
added to each lot. US coins, nuggets, and bullion are calculated at
a 15% buyer’s premium. These premiums include a 3% discount
for transactions paid with cash, checks, money orders or wire
transfers. All other forms of payment are not subject to the 3%
discount and the Buyer’s Premium will be calculated at 22.5%
(18% on US coins, gold, & currency.)
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items that ship to or is picked up in Nevada (7.725%) unless a
current, valid resale certificate is faxed to us at 775-851-1834
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Invoices are mailed or emailed within two business days after the
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Collections, 3555 Airway Dr., #308, Reno, NV 89511. Sales tax will
be added to all sales picked-up after the auction or shipped to
Nevada addresses, according to state law, unless a resale certificate
is provided.
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to the filing of IRS form 8300, as required by law.
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is responsible for all shipping charges. We do not ship any
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will be shipped via our approved, insured carriers: Federal Express
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no extra cost to the buyer. Federal Express shipments will be sent
the Monday, Tuesday or Wednesday following receipt of payment.
Pick up is available from our Reno office the next business day after
the auction. NOTE: Some shipments (of unusual size, dimension,
or weight) may require special handling for which individual costs
will be calculated and applied to the shipping charge on the invoice.
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not paid in full within 15 days. A cancelled invoice does not relieve
the bidder from their obligation to pay seller fees and buyer’s
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lot(s) securing the invoice to any underbidders in the auction that
the lot(s) appeared, or at subsequent private or public sale, or relist
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a 10% seller’s commission, if consigned to an auction conducted
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between his or her total original invoice for the lot(s), plus any
applicable interest, and the net proceeds for the lot(s) if sold at
private sale or the subsequent hammer price of the lot(s) less the
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refers any invoice to an attorney for collection, the bidder agrees to
pay attorney’s fees, court costs, and other collection costs incurred
by HWAC. Any bidder who fails to follow the terms of payment will
be reported to icollector and may be barred from participating in
future Holabird’s Western Americana auctions.
21. Condition: We strongly recommend that you attend the live
preview to see lots in their entirety. Conditions are not always
noted, and large lots may not be itemized due to catalog restraints.
For questions, detailed information, or additional images of any lot
please contact our office at 775-851-1859. Bidders are responsible
for understanding the condition of items. Conditions noted are
subjective, and may differ in the opinion of different people or
collectors.
22. Return Policy: All items are guaranteed to be authentic unless
otherwise noted. If authenticity is challenged, please call our office
for assistance. You may return any piece that was significantly
inaccurately described by calling our office within 15 days of
receipt of item(s) and notifying us of the error and reason for
return. We do not refund postage or insurance. We have attempted
to describe the items and their condition accurately. If no condition
is given, assume average. Please call us if you require a more
specific condition report. Any items that are returned must be
returned in the exact, unaltered condition. NGC certified tokens
that are returned must be original, unaltered NGC holders. Any
tokens removed from the original NGC/NCS certification holders or
items returned in an altered condition are deemed not returnable
under any circumstances. When we receive your bids we will
assume you have read the description in the catalog, viewed the
image of the item, have contacted us regarding any questions you
may have on any lot and/or have previewed the lot in person.
Therefore, returns are only accepted if prior approval is given by
Holabird’s Western Americana Collections.
23. This sale is being held under the laws of the state of Nevada,
without reference to choice of law rules.
24. HWAC shall not be held responsible for any problem
due to the bidders failure to follow the rules, terms and
conditions of this sale, or any failure to bid due to the loss
of the online auction process provided by any of the online
auction networks; or missed bids, changed bids or cancelled
due the bidders failure to follow the proper bidding procedure
outlined herein.
25. By placing a bid or otherwise participating in the auction,
Bidder accepts these Terms and Conditions, and specifically agrees
to the dispute resolution provided herein.
26. HWAC shall not be responsible for consequential damages,
incidental damages, compensatory damages, or any other damages
arising or claimed to be arising from the auction of
any lot. Bidder’s sole remedy for any proven act or omission shall
be rescission of sale and refund of the amount paid by Bidder.
27. Any claim, dispute, or controversy in connection with, relating
to and/or arising out of the Auction, participation in the Auction,
award of lots, damages of claims to lots, descriptions, condition
reports, provenance, estimates, return and warranty rights, any
interpretation of these Terms and Conditions, any alleged verbal
modification of these Terms and Conditions and/or any purported
settlement shall be exclusively heard by, and the parties consent to
exclusive in personam jurisdiction of, the Superior Court of Washoe
County, Nevada. THE PARTIES EXPRESSLY WAIVE ANY RIGHT TO
TRIAL BY JURY. Any claim must be brought within one (1) year of
the auction from which the claim arose or the claim is waived. In
every case, the prevailing party shall be entitled to an award of its
attorney’s fees and costs.