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    Virtually Perfect Nicollet County Bank $3 Proof

    St. Peter, MN - Nicollet County Bank $3 18__ MN-165 G6a Hewitt B760-D3. Proof. PCGS Gem New 66PPQ.
    The third incredible proof from this quartet. Beautifully conceived from the $1-$2-$3-$5 plate and tint crafted at the American Bank Note Company, printed on India paper proof mounted on its original cardstock. This is the Hewitt plate note also, and it has the requisite Hole Punch Cancelled specified on its Gem New 66PPQ encapsulation. A full light orange tint plate crosses the surface, like all the notes from the series, with a deeper red die across the direct center outlining a white protector THREE, which is the prominent center design element. At the left is an Indian hunter on horseback and at the right is an Indian princess dipping her foot into a stream, as engraved for the Wellstood imprints. This has gorgeous colors and the condition is virtually perfect; again, it is unique and the only reported proof example on the census. There are three issued notes of the type known. One was the March 23, 2005 Schingoethe Part 2 Sale lot 4236 note (ex: Chuck Parrish collection and the Haxby plate note) realizing $5,290. At the same auction, the unique Bank of the State of Minnesota, St. Paul $5 full color ABN/WHW realized a $4,140. (This is related to Sewell and his New York banking entity whose collapse affected both banks.) That same full color Bank of the State $5 color proof set a record for a Minnesota Obsolete note in the Stack's Bowers 2012 ANA Auction at $23,000. That record provides ample evidence that color proofs from Minnesota with such majestic designs are among the most elite Obsolete banknotes in the entire canon.

    Ex: Eric P. Newman Numismatic Education Society.

    View all of [Selections From The Eric. P. Newman Collection, Part VI a. ]

    Auction Info

    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 17
    Lot Tracking Activity: N/A
    Page Views: 291

    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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