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    Bank of Utica, Michigan $5 Proof

    Utica, MI - Bank of Utica $5 18__ MI-450 G6, Lee UTI-1-4. Proof. PCGS Very Choice New 64 Apparent.
    A second rare Bank of Utica proof printed on India paper from the Underwood, Bald, Spencer & Hufty plates. The main vignette is to the left of three "5" counters; the central one uses a cameo head background. A farm family takes a break while workers in the distance harvest the field. The left end panel shows "V" counters above and below with the aforementioned jolly canal boat used on the $1 proof between. At right, "5" counters are at top and bottom with a passenger train traveling away from the viewer in the center. Noted as "Hole Punch Cancelled" as made and with "Small Edge Tear at Bottom Right." Michigan proofs are comparatively rare to those of other states, and there were relatively few in the 1990 American Banknote Company Archives auction at Christie's. A splendid proof.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Internet/Mail Bids: 12
    Lot Tracking Activity: N/A
    Page Views: 269

    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.
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