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    Gem Merchants and Mechanics Bank $1 Color Proof

    Whitewater, WI - Merchants and Mechanics Bank $1 18__ WI-875 G2a. Proof. PCGS Gem New 65.
    The second-to-last Wisconsin proof note in this second Newman Collection paper currency sale is a very beautiful example. Engraved and printed by Wellstood, Hay & Whiting, New-York on India paper from the $1-$2 plate. Another exceptional full color tint note with light orange across in a micro-lettered ONE pattern. Half the frame and the upper right counters are a deeper vermillion. The central vignette of Finding the Red Ear depicts a game where the lucky cornhusker gets to give someone a kiss. Judging by the pile of husks, the group has been at this task for quite a while. While the young man seems pleased, the young lady appears reticent. An elaborate "1" counter appears in an oval at the upper left, with a Native American man on one side and an Agriculture on the other. At lower right, a train travels through the countryside. The Krause Collection contained a $1 bond paper Specimen of this type. The $2 proof from the sheet, graded PCGS Very Choice New 64 Apparent, realized $4,935 at the Newman Part VI sale. Noted as "Hole Punch Cancelled" as made. This extreme rarity has vibrant color.
    Ex: Eric P. Newman Numismatic Education Society

    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 358

    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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