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    Gem Bank of Milwaukee (2nd) $1 Proof

    Milwaukee, WI - Bank of Milwaukee (2nd) $1 Jan. 2, 1855 WI-500 G2. Proof. Gem New 66PPQ.
    The first Bank of Milwaukee was from the Territorial period and did not officially emit notes due to conflicts among internal officers, but it did prepare proofs and remainders from different series. The second Bank of Milwaukee from the 1850s, issued notes from several sub-series of increasing capitalizations (from $50,000 to $300,000) and shortly thereafter became the National Exchange Bank of Milwaukee (Charter #1003, which issued Original Series to Small Size notes). Issued notes from this bank are exceedingly rare. Proofs are extremely rare and this is a Gem. Engraved and printed by Toppan, Carpenter & Co., New York & Phila., from a $1-$1-$2-$5 sheet configuration, on India paper mounted on cardstock. At the top center are three sea nymphs, two sporting pearl adornments, holding an angel aloft as they swim about. At the lower left is a Continental soldiers' encampment. Hole Punch Cancelled as made and through the India paper and card. This is a very bold impression with nearly perfect margins, broad on three sides. A superbly vignetted type, the style is classically oriented as in the 1840s. This is from an important series featuring the Santa Claus Type IV type on the $5 denomination.

    Ex: Eric P. Newman Numismatic Education Society.


    View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]

    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
    Page Views: 301

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
    Sold on Apr 23, 2015 for: Sign-in or Join (free & quick)
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