Description

    Extremely Rare and Well Vignetted Ramsey County Bank $1 Proof

    St. Paul, MN - Ramsey County Bank $1 Dec. 1, 1858 MN-150 G2a Hewitt B700-D1b. Proof. PCGS Very Choice New 64.
    This is the first denomination in a superbly crafted set of proof notes printed from the American Bank Note Company engraved plate using a mixture of Bald, Cousland & Co. vignettes and others from the ABN repertoire. The banker, James G. Fountain from New York, made his application for a bank with $110,000 in circulation with the State Auditor's office; he never opened, leaving a dozen proofs from the title known on the census, including this set. Despite the dozen proofs the Minnesota reference authors enumerate, three per denomination, our pedigree research yields no public sales records of this bank. The $1 India paper proof here is particularly enticing, well vignetted with dynamic frontier realism, with an arced title flowing over the left central vignette of frontiersmen on horseback hunting buffalo (the same vignette used on the $5 Marine Bank of St. Paul). Right of center is a tall, vertical red protector numeral "1" that is very striking. At the lower right is an important Indian male in headdress wearing a necklace of animal teeth. This is Hole Punch Cancelled as made and superbly crafted. The overall vignette selections and layout are not Bald, Cousland & Co. style for this denomination as is the case for the $2, $3, and $5 notes. A nicely framed and well margined proof that is very delightful, and one of the most striking in this historic offering of Minnesota Obsolete proofs.

    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: 6
    Lot Tracking Activity: N/A
    Page Views: 179

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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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