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    Exceedingly Rare Pittsfield Bank "XX" Baldwin Type III Santa Proof, Finest Seen - Ex: Durand Collection

    Pittsfield, MA- Pittsfield Bank $20 June 1, 1853 G20a Proof PCGS Choice New 63PPQ.
    This exceptionally attractive Pittsfield Bank $20 is the rarest type among the Baldwin engraved Durand Vignette Type III Santa Claus notes. That Santa appears on the most different banks, all rare of course, and nearly all known as proofs. However, among the bank's variants (most fully tinted) of this denomination, this example is the exceedingly rare type with a Baldwin, Adams & Co. imprint and a red XX overprint only. Hailing from the Roger H. Durand Collection originally, plated in his book, this is a beautifully printed Proof on India paper, mounted upon its original card. The Baldwin Santa stands out at the top center with his very jovial facial expression and herd of deer drawing his sleigh across the rooftop. The portrait at lower right is that of Lemuel Pomeroy (1778-1849). Pomeroy was a very skilled blacksmith who produced a wide variety of products and was very involved in the town's affairs. In operation from 1853-65 as this banking entity, it became the Pittsfield National Bank, charter number 1260. Exceedingly rare and at worst, one of only three we have researched. The Whitman plate note may be this example making only two known. It is clearly the finest though and appears to be the reported example in Haxby, though not illustrated. There was only one example on the sheet in the 1990 ABNCo. sale, bought by John Ford, and sold in the Ford Part VI sale. Roger was a key buyer from that Santa section, but he did not need this type - he already had this lovely example. Graded PCGS Choice New 63PPQ, mounted on cardstock and displaying four small POCs as made. Unstamped on the back of the card, it was clearly discovered prior to the 1990 sale in our opinion. This Pittsfield "XX" is vastly undervalued in comparison with other known Baldwin Type III Santa proofs from the ABNCo. sale. This was an astute purchase from our Durand offering at 2012 FUN where it realized $7,187.50. It will be a perfect fit into its next Obsolete note collection or Santa type set. It is a beautiful proof that complements the other Santa Claus notes from this featured set well with its high rarity and quality.

    Auction Info

    Auction Dates
    January, 2020
    8th-14th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 226

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