Description

    Superb Gem Fillmore County Bank $1 Proof

    Preston, MN - Fillmore County Bank $1 18__ MN-103 G2, Hewitt B480-D1a. Proof. PCGS Superb Gem New 67PPQ.
    This is a rare county title bank represented mostly by proofs today. Like the Bank of Owatonna, the bank issued notes very briefly and left note holders with heavily discounted paper, redeemed eventually by the State Auditor for 20 cents on the dollar using railroad bonds that secured the circulation (however, only two issued notes were known in 2006, both plated in Hewitt). A strikingly executed $1-$1-$2-$5 plate was engraved at the American Bank Note Company. This $1 India paper proof mounted on cardstock is the last available from the Newman Collection. Farm work is depicted with realism in the vignette at top left. The boy, with switch ready, pulls on the horse's harness while the man pushes the plow behind. To the right of top center are a number of fowl: roosters, hens and chicks. At lower right, an oft-seen image of a young woman with her hair in ringlets. Counters on lathe work are in the other corners, with ONE at lower left and "1" at upper right. This is a stunning, virtually perfect proof without protector; the margins are even and wide. Noted as "Hole Punch Cancelled" and "Mounted on Cardstock" as made. The other $1 proof impression from the sheet, a PCGS Superb Gem New 68PPQ, realized $5,405 in the Newman Part VI sale. A magnificent proof.
    Ex: Eric P. Newman Numismatic Education Society


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    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 214

    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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