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    Description

    Distinctive Whaling Vignetted Bank of Delaware $50 Proof

    Wilmington, DE - Bank of Delaware $50 18__ DE-70 G158 Proof PCGS Apparent Choice New 63.
    A distinctive and great rarity that originated in the Eric P. Newman Collection. It boasts a very rare whaling vignette, used by only a few Obsolete note types. This is one of only two Proofs confirmed by Heritage Auctions, boldly printed on India paper and engraved by Underwood, Bald, Spencer & Hufty. At top center, the harpooner in a small, six-man boat is about to strike the whale; three whaling ships sail in the background. Female medallion heads with diagonal FIFTY on one, and "50" on the other are found to the left and right. Identical end panels show a perpendicular FIFTY on shaded lathe work. The bottom center shows an early train. This whaling vignette was used for very few banks (particularly when compared to the Garneray-influenced scene used on the Stonington Bank, CT $2 remainders for example). The other example we have verified was part of lot 161 from the September 1990 American Company Banknote sale. That sole example from the ABNCo archives was strongly held for many years. It eventually became part of The 52 Collection Part II sale where it sold as lot 3435 in January 2011 for $9,200. There is an unverified example, priced but unplated in Haxby. A magnificent showpiece with a classic American 1830s period vignette. Hole punch cancelled, the Apparent designation is due to a "Small Edge Tear at Bottom Left." Those considerations are minor in consideration of this tremendously artistic rarity. Delaware proof rarities with this vignette strength are not often seen or offered at public sale.


    Estimate: $2,000 - $3,000.

    Auction Info

    Proxy Bidding Ends
    April
    22nd Wednesday 5:50 pm CT
    Auction Dates
    April
    22nd-27th Wednesday-Monday
    Proxy Bidding Time Remaining
    20 Days 18h 39m 43s
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: 2
    Page Views: 41

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    This lot is in: 1 - Heritage Signature® Auctions Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 20001-20330) - 6:00 PM Central Time, Wednesday, April 22, 2020.
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    Additional Location Info:
    Heritage Auctions - Dallas
    3500 Maple Ave
    17th Floor
    Dallas, TX 75219

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    ** Lots bearing estimates and without Consignor Reserve shall open at Heritage Auctions' discretion (usually 25% to 60% of the low estimate).

    Opening Bid:
    $1,000
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