Description

    Unique and Gem New 66PPQ Bank of Austin $5 Proof

    Austin, MN - Bank of Austin $5 18__ MN-5 G8 Hewitt B020-D5b. Proof. PCGS Gem New 66 PPQ.
    The second denomination printed on the two subject sheets authorized by the Auditor's Department and the Hewitt plate note. This is a unique example as a proof and a Gem. It is another beautiful American Bank Note Company India paper proof using elegant vignettes and intricate lathe work. At the top center is seated Agriculture with a plow and sheaf. The ends have ornate counters and flourishes using the Cyrus Durand patented devices. At the bottom center, there is a red protector FIVE. In the same Stack's Bowers sale, lot 7205, an archival remainder realized $7,762 after spirited competition. Like the $3 denomination, Hole Punch Cancelled as made. Broadly margined and perfectly centered, this is a Gem bordering on Superb. Exceptional quality combines with the highest proof note rarity.

    Ex: Eric P. Newman Numismatic Education Society.


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

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    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 293

    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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