Description

    Gem New 66PPQ Bank of Northfield $5 Proof

    Northfield, MN - Bank of Northfield $5 18__ MN-98 G8a Hewitt B440-D5. Proof. PCGS Gem New 66PPQ.
    The $5 denomination proof from this series $1-$2-$3-$5 engraved by the American Bank Note Company is the most interesting and is beautifully rendered. The vignettes are not Wellstood family engravings, but are from other merged imprints of the pre-1858 ABN. However, the color tint plate is totally composed of Wellstood patterns and techniques; it is similar to several Wisconsin Wellstood engraved series seen later in this sale, and also from the Chester L. Krause collection. Like the previous, this third Hewitt plate note from the series is a deep intaglio impression India paper proof mounted on its original cardstock. The center vignette is a family scene, with a child on the father's shoulder and the mother behind. It was originally engraved in the 1850s by Toppan, Carpenter, Casilear & Co. (or TCC). The bottom left vignette of the surveyors working is also TCC and used on several late ABN notes. The lower right oval vignette with the farmer wearing a hat was engraved for Danforth, Wright & Co. The full orange tint across the entire note includes a micro-lettered pattern of repeating FIVE lathe work, a deeper shade frame and upper left counter. Flanking the central vignette, large white protector "V" elements are outlined. Hole Punch Cancelled as noted and as manufactured. This stupendous design was appropriately selected by the modern ABN for a souvenir card project in the 1990s, creating the need to use their archived plates to create test impressions for quality control and review of the design. This period $5 full color proof, the only example known to exist, is in exceptional condition and the finest of the four proofs from the original sheet.

    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: 9
    Lot Tracking Activity: N/A
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    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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