Description

    Extremely Rare Issued State Bank $1 Note

    Minneapolis, MN - State Bank of Minnesota $1 Sept. 1, 1862 MI-85 G2, Hewitt B360-D1. PCGS Very Good 8 Apparent.
    This bank and note type is known as an unissued remainder engraved and printed by the American Bank Note Company. The original plates for this series were adapted from the Austin location of the same bank title. Austin location proofs are represented in the Newman Collection. However, this is properly signed and issued, one of two on the Hewitt census and an important note for a specialist. A farmer rubs down his bay horse while a white horse stands to the side at top center. At lower left is Union with standing female and titled pillar. A worker at rest is at the lower right, while men with wheelbarrows ascend the hill. Noted with "Hinge Backed; Splits and Tears; Stains" by PCGS, but the census assigned grade of "About Good" is a perfect fit. Not a beauty, but an important artifact of Minnesota banking history.
    Ex: Eric P. Newman Numismatic Education Society


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    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Internet/Mail Bids: 5
    Lot Tracking Activity: N/A
    Page Views: 137

    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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