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- Milwaukee, WI - Germania Bank of G. Papendick & Co. $5 185_ WI-465 G8. Proof. PCGS Choice About New 58. The highest $5 denomination from this fabulous Milwaukee title. Unique in private hands to our knowledge and an issuer not in Krause. This is an India paper proof mounted on original card by Toppan, Carpenter, Casilear & Co., New-York & Phila. A lively, and highly detailed logging vignette is slightly right of center. While one lumberjack rests on a stump, the other is shown with his axe ready to strike another blow to a massive tree. At upper left, Ceres supports a "5" counter. At lower right, a train rumbles toward the viewer. Noted as "Hole Punch Cancelled" and "Mounted on Cardstock" as made." There is some minor handling, seen with scrutiny, but this proof has a Gem appearance. This is one of the great Milwaukee Obsolete notes and the last proof of the title available from the Newman Collection. Ex: Eric P. Newman Numismatic Education Society Realized $1292.50. Newman VII (Heritage Auctions, 10/2015), lot 18716. Description courtesy of Heritage Auctions.
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- Milwaukee, WI - Germania Bank of G. Papendick & Co. $3 185_ WI-465 G6. Proof. PCGS Choice New 63. A desirable $3 proof from this ethnic title engraved and printed by Toppan, Carpenter, Casilear & Co. This beautiful impression is unique in private hands. It is an India paper proof mounted on cardstock, and shows another very handsome layout. In the central vignette, a farrier shoes a horse while another blacksmith observes; a man holding a whip, perhaps the owner, is seated on a log. An oval portrait of a veiled woman is at top left. On the right is a tall vignette of three allegorical females, looking like caryatids: they stand upon a base with THREE on a block below, and support a numeral "3" above. As we have noted, an exceedingly rare partner named bank and not in the Krause Collection. Noted as "Hole Punch Cancelled" and "Mounted on Cardstock" as made. The first and only $3 proof from this extremely rare title ever offered. A prize Milwaukee Obsolete banknote proof. Ex: Eric P. Newman Numismatic Education Society Realized $1292.50. Newman VII (Heritage Auctions, 10/2015), lot 18715. Description courtesy of Heritage Auctions.
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- Milwaukee, WI - Germania Bank of G. Papendick & Co. $1 185_ WI-465 G2. Proof. PCGS Choice About New 58 Apparent. Like many proofs from the Newman Collection, probably unique in private hands. It is virtually unheard of except from listings in reference catalogs or period Bank Note Reporters. Krause did not have this bank, which operated from 1854-1855 and failed; the notes were signed by two Papendick brothers, the namesake cashier and president. According to Krause, the bank finally liquidated in 1859 with $25 in specie left over. This fabulous ethnic title, perfect for Milwaukee, was printed from the engraved $1-$2-$3-$5 plate by Toppan, Carpenter, Casilear & Co., New-York & Phila. on India paper mounted on original cardstock. Under the arced title, a man feeds ears of corn to hogs. A curious, or hungry, horse leans its head over the fence. The left end shows a cameo profile of Washington. Virtus, depicted as a man, treads on Tyrrany at the base. This motif seems curious (it is an adaptation of the Virginia emblem), but it appears on two denominations and may have been reminiscent of the Wagnerian "Ring Cycle" to the bankers. To our knowledge, this is unique in private hands. The $2 proof graded PCGS Choice New 63 in the Newman Part VI sale realized $3,525. Noted as "HPC; Small Edge Tear at UL; Minor Adhesive Residue on Face" and "Mounted on Cardstock" as made. The flaws are not readily noticed on this very bold impression. Ex: Eric P. Newman Numismatic Education Society Realized $998.75. Newman VII (Heritage Auctions, 10/2015), lot 18714. Description courtesy of Heritage Auctions.
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- Milwaukee, WI - Germania Bank of G. Papendick & Co. $1 185_ WI-465 G2. Proof. PCGS Choice About New 58 Apparent. Like many proofs from the Newman Collection, probably unique in private hands. It is virtually unheard of except from listings in reference catalogs or period Bank Note Reporters. Krause did not have this bank, which operated from 1854-1855 and failed; the notes were signed by two Papendick brothers, the namesake cashier and president. According to Krause, the bank finally liquidated in 1859 with $25 in specie left over. This fabulous ethnic title, perfect for Milwaukee, was printed from the engraved $1-$2-$3-$5 plate by Toppan, Carpenter, Casilear & Co., New-York & Phila. on India paper mounted on original cardstock. Under the arced title, a man feeds ears of corn to hogs. A curious, or hungry, horse leans its head over the fence. The left end shows a cameo profile of Washington. Virtus, depicted as a man, treads on Tyrrany at the base. This motif seems curious (it is an adaptation of the Virginia emblem), but it appears on two denominations and may have been reminiscent of the Wagnerian "Ring Cycle" to the bankers. To our knowledge, this is unique in private hands. The $2 proof graded PCGS Choice New 63 in the Newman Part VI sale realized $3,525. Noted as "HPC; Small Edge Tear at UL; Minor Adhesive Residue on Face" and "Mounted on Cardstock" as made. The flaws are not readily noticed on this very bold impression. Ex: Eric P. Newman Numismatic Education Society Realized $998.75. Newman VII (Heritage Auctions, 10/2015), lot 18714. Description courtesy of Heritage Auctions.
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- Milwaukee, WI - Farmers and Miller's Bank $5 18__ WI-455 G6. Proof. PCGS Gem New 66PPQ. The third denomination from this series of well-engraved proofs by Toppan, Carpenter, Casilear & Co. This Gem is printed on India paper and mounted on its original cardstock. This is the earliest style $5 with engraved Capital $50,000 on the plate. America is shown at the center holding a shield; a capped liberty pole is across her knee. The United States Capitol building is behind. Between "5" counters at the left end, a train vignette is in a cartouche. Like the $2 proof from the series, the only example in private hands. Noted as "Hole Punch Cancelled" and "Mounted on Cardstock" as made. This has an impressive layout and is a deeply inked proof. Ex: Eric P. Newman Numismatic Education Society Realized $1057.50. Newman VII (Heritage Auctions, 10/2015), lot 18713. Description courtesy of Heritage Auctions.
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- Milwaukee, WI - Farmers and Miller's Bank $5 18__ WI-455 G6. Proof. PCGS Gem New 66PPQ. The third denomination from this series of well-engraved proofs by Toppan, Carpenter, Casilear & Co. This Gem is printed on India paper and mounted on its original cardstock. This is the earliest style $5 with engraved Capital $50,000 on the plate. America is shown at the center holding a shield; a capped liberty pole is across her knee. The United States Capitol building is behind. Between "5" counters at the left end, a train vignette is in a cartouche. Like the $2 proof from the series, the only example in private hands. Noted as "Hole Punch Cancelled" and "Mounted on Cardstock" as made. This has an impressive layout and is a deeply inked proof. Ex: Eric P. Newman Numismatic Education Society Realized $1057.50. Newman VII (Heritage Auctions, 10/2015), lot 18713. Description courtesy of Heritage Auctions.
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- Milwaukee, WI - Farmers and Miller's Bank $2 18__ WI-455 G4. Proof. PCGS Superb Gem New 68PPQ. This $2 proof appears to be unique in private hands, and it was the only example from the $1-$1-$2-$5 sheet. An exceptional impression printed on India paper and mounted on original cardstock by Toppan, Carpenter, Casilear & Co. Farmers chatting during their meal break are seen above the title. The fellow leaning on the fence holds a jug and smokes his pipe while the other reclines against a haystack. An elegant woman is shown at upper left. This denomination was not in the Krause collection, and the only other confirmed example is in the Wisconsin Historical Society. Noted as "Hole Punch Cancelled" and "Mounted on Cardstock" as made. An appealing rarity for collectors desiring the finest. Ex: Eric P. Newman Numismatic Education Society Realized $1410.00. Newman VII (Heritage Auctions, 10/2015), lot 18712. Description courtesy of Heritage Auctions.
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- Milwaukee, WI - Farmers and Millers Bank $1 18__ WI-455 G2. Proof. PCGS Very Choice New 64. This lesser denomination series of India paper proofs was not in the Krause collection, and the Newman proofs are the only examples known to us in private hands. A beautiful impression printed on India paper and mounted on original cardstock by Toppan, Carpenter, Casilear & Co. An allegorical female, as Agriculture and Commerce, is seated in the foreground of the farm scene at top center. An oval Henry Clay portrait is at lower left, and an eagle on a branch is at the base. The initial capitalization was $50,000. The issued notes from the series used red protectors. Noted as "Hole Punch Cancelled" and "Mounted on Cardstock" as made. A very bold proof with a "PPQ" appearance. Ex: Eric P. Newman Numismatic Education Society Realized $763.75. Newman VII (Heritage Auctions, 10/2015), lot 18711. Description courtesy of Heritage Auctions.
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- Milwaukee, WI - Farmers and Miller's Bank $2 18__ WI-455 G4. Proof. PCGS Superb Gem New 68PPQ. This $2 proof appears to be unique in private hands, and it was the only example from the $1-$1-$2-$5 sheet. An exceptional impression printed on India paper and mounted on original cardstock by Toppan, Carpenter, Casilear & Co. Farmers chatting during their meal break are seen above the title. The fellow leaning on the fence holds a jug and smokes his pipe while the other reclines against a haystack. An elegant woman is shown at upper left. This denomination was not in the Krause collection, and the only other confirmed example is in the Wisconsin Historical Society. Noted as "Hole Punch Cancelled" and "Mounted on Cardstock" as made. An appealing rarity for collectors desiring the finest. Ex: Eric P. Newman Numismatic Education Society Realized $1410.00. Newman VII (Heritage Auctions, 10/2015), lot 18712. Description courtesy of Heritage Auctions.
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- Milwaukee, WI - Farmers and Millers Bank $1 18__ WI-455 G2. Proof. PCGS Very Choice New 64. This lesser denomination series of India paper proofs was not in the Krause collection, and the Newman proofs are the only examples known to us in private hands. A beautiful impression printed on India paper and mounted on original cardstock by Toppan, Carpenter, Casilear & Co. An allegorical female, as Agriculture and Commerce, is seated in the foreground of the farm scene at top center. An oval Henry Clay portrait is at lower left, and an eagle on a branch is at the base. The initial capitalization was $50,000. The issued notes from the series used red protectors. Noted as "Hole Punch Cancelled" and "Mounted on Cardstock" as made. A very bold proof with a "PPQ" appearance. Ex: Eric P. Newman Numismatic Education Society Realized $763.75. Newman VII (Heritage Auctions, 10/2015), lot 18711. Description courtesy of Heritage Auctions.