Description

    Superb Gem New 68PPQ Fillmore County Bank Proof

    Preston, MN - Fillmore County Bank $1 18__ MN-103 G2 Hewitt B480-D1a. Proof. PCGS Superb Gem New 68PPQ.
    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-$2-$5-$5 plate was engraved at the American Bank Note Company. This and the following two denominations are India paper proofs mounted on their original cardstock. At the upper left is a farmer plowing while his co-worker guides the horse through heavier soil and to the right, over the title, is a vignette of chickens. At the lower right is a girl with hair in ringlets seen on several ABN imprint series and notes from this period. This Hewitt plate note is Hole Punch Cancelled as made. We handled the lesser grade (Good to Very Good) $1 issued note listed in the census in our September 2004 sale, realizing $1,955. This is a stunning, virtually perfect proof without protector, the margins "boardwalk" wide. This is the finest of the three $1 proofs listed in the census, and also the finest known proof from the bank. The only impression from the Newman Collection sheet, this will appeal to those who covet rarities and proofs in the finest state of preservation or any impressive Obsolete.

    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
    Page Views: 350

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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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