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- Taylors Falls, MN - Chisago County Bank $1 18__ MN-190 G2, Hewitt B840-D1. Proof. PCGS Choice About New 58 Apparent. This bank's notes are only scarce, especially when compared to most of the rare to exceedingly rare banknotes from the state. However, proofs are very rare with only six enumerated on the census, including this and the following example. This is a beautifully engraved and printed type by the American Bank Note Company on India paper only. The bank issued notes for only a few months with the sole purpose of being the intermediary in speculative railroad bond issues. The failure of the bank resulted in notes eventually being redeemed for less than 20 cents on the dollar due to a catastrophic drop in value of the bond collateral kept with the state. Most of the issued notes listed on the 2006 census, 39 at that time, are $1 and $2 black and white notes printed from the "lesser denomination" plate, like this. There was also a $5-$10 plate for the bank with full color proof notes known; that unique pair was sold in the Newman Part VI sale. At left, a farm family takes an al fresco meal break. The woman, seated on a rock, has the food in hand. With a festive air, the man raises his glass. At his feet, the child reclines and gazes at the water. At the lower right, the young woman in the portrait takes a rather studied pose. Noted as "Hole Punch Cancelled" as made and with "Minor Mounting Remnants on Back" that are light. The only other pair of $1 and $2 "small plate" proofs from this bank appeared in the Ford Part III May, 2004 sale, ex: Lucius Ruder collection. While they had some condition flaws, this has a very choice appearance. Ex: Eric P. Newman Numismatic Education Society Realized $1175.00. Newman VII (Heritage Auctions, 10/2015), lot 18435. Description courtesy of Heritage Auctions.
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- St. Peter, MN - Peoples Bank $2 June 1, 1859 MN-170 G4a, Hewitt B780-D2b. PCGS Fine 12. The bank is well known to collectors due to $5 remainder notes from the American Bank Note Company engraved and printed series. However, the three other denominations are rare even as remainders. Issued notes are exceedingly rare. There are only three issued notes on the census from the bank and this is the finer of two $2 denomination notes. An American realistic style as originally engraved by Bald, Cousland & Co. displays the rigors of life on the trail in the large vignette below the arced title. Two frontiersmen are camped in the woods. One kneels and cups his hand to drink from a stream. The other, with rifle at the ready, sits on a log and warms his hands over a campfire. The note boasts excellent signatures as well as a clear serial number and date. This is the Hewitt plate note. A great rarity enhanced by its eye appeal. Ex: Eric P. Newman Numismatic Education Society Realized $1410.00. Newman VII (Heritage Auctions, 10/2015), lot 18434. Description courtesy of Heritage Auctions.
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- St. Peter, MN - Peoples Bank $2 June 1, 1859 MN-170 G4a, Hewitt B780-D2b. PCGS Fine 12. The bank is well known to collectors due to $5 remainder notes from the American Bank Note Company engraved and printed series. However, the three other denominations are rare even as remainders. Issued notes are exceedingly rare. There are only three issued notes on the census from the bank and this is the finer of two $2 denomination notes. An American realistic style as originally engraved by Bald, Cousland & Co. displays the rigors of life on the trail in the large vignette below the arced title. Two frontiersmen are camped in the woods. One kneels and cups his hand to drink from a stream. The other, with rifle at the ready, sits on a log and warms his hands over a campfire. The note boasts excellent signatures as well as a clear serial number and date. This is the Hewitt plate note. A great rarity enhanced by its eye appeal. Ex: Eric P. Newman Numismatic Education Society Realized $1410.00. Newman VII (Heritage Auctions, 10/2015), lot 18434. Description courtesy of Heritage Auctions.
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- St. Paul, MN - Treasurer of Ramsay County, Act of November 3, 1857 $20 Jan'ry. 6, 1858 Hewitt C320-D20-1, Durand MNT-22. PCGS Very Fine 25 Apparent. The Treasurer of Ramsey County notes are better known by their remainders than for any signed and issued notes. This series and denomination is unique at this time. The only reported example in the census and the Hewitt plate note as noted. Roger Durand lists this type in his territorial book due to the period enactment date. Printed on bond paper, in all brown inking and with an imprint of Goodrich, Sommers & Co., Printer. The lithographed vignettes are adapted from period engraved Obsolete note vignettes. The perimeter border has a repeating TWENTY pattern. At the left end panel is a standing Native American princess and seated Agriculture. A dog guarding the safe motif is at the upper right. The base vignette shows the head of a trusty dog. With titles and obligation, including the enactment date for the series. Two signatures are present and the note is hand dated. Noted as "PC; Severed and Tape Repaired; Edge Damage." The very light pen cancel is vertically on the face, and there is a back signature endorsement. Regardless of condition, it appears to be the sole extant example of the denomination and series type. A fascinating piece of Minnesota fiscal history. Ex: Eric P. Newman Numismatic Education Society Realized $564.00. Newman VII (Heritage Auctions, 10/2015), lot 18433. Description courtesy of Heritage Auctions.
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- St. Paul, MN - Treasurer of Ramsay County, Act of November 3, 1857 $20 Jan'ry. 6, 1858 Hewitt C320-D20-1, Durand MNT-22. PCGS Very Fine 25 Apparent. The Treasurer of Ramsey County notes are better known by their remainders than for any signed and issued notes. This series and denomination is unique at this time. The only reported example in the census and the Hewitt plate note as noted. Roger Durand lists this type in his territorial book due to the period enactment date. Printed on bond paper, in all brown inking and with an imprint of Goodrich, Sommers & Co., Printer. The lithographed vignettes are adapted from period engraved Obsolete note vignettes. The perimeter border has a repeating TWENTY pattern. At the left end panel is a standing Native American princess and seated Agriculture. A dog guarding the safe motif is at the upper right. The base vignette shows the head of a trusty dog. With titles and obligation, including the enactment date for the series. Two signatures are present and the note is hand dated. Noted as "PC; Severed and Tape Repaired; Edge Damage." The very light pen cancel is vertically on the face, and there is a back signature endorsement. Regardless of condition, it appears to be the sole extant example of the denomination and series type. A fascinating piece of Minnesota fiscal history. Ex: Eric P. Newman Numismatic Education Society Realized $564.00. Newman VII (Heritage Auctions, 10/2015), lot 18433. Description courtesy of Heritage Auctions.
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- St. Paul, MN - Bank of the State of Minnesota $5 Dec. 1, 1858 MN-160 G2b, Hewitt D1-2. PCGS Fine 15 Apparent. The Bank of the State of Minnesota filed promptly to organize and was the first Minnesota state bank to open for business. They ordered a $1-$2-$3-$5 plate from Wellstood, Hay, & Whiting, New-York to print the notes. The plate used was visually appealing, and a full tint plate was used for security. Proofs and issued notes were printed with a light orange tint. The bank failed when its New York backers went bankrupt in 185 The state was able to pay 70 cents on the dollar for the notes from the funds deposited. The state destroyed the plates and the remainder notes left over from the initial 5,300 sheet order. A very striking central vignette with a Native American hunter, hair flying as his horse gallops, preparing to launch an arrow from his bow. Other riders are in the far distance. At lower left and right, Plenty, with a long cornucopia faces inward. The base vignette shows a young woman's portrait in an oval frame. Fully tinted across in light orange, with micro-lettering FIVE, and two slanting outlined "5" protectors flanking the base vignette. There are only seven issued notes from the bank on the census; of those, two, including this, are listed as $5 notes. Hewitt plates a $5 proof of this type, and its illustrious pedigree included the Herb and Martha Schingoethe and Chuck Parish collections. That proof realized $23,000 at the Stack's Bowers 2012 ANA Auction. The Newman example is noted as "Hole Punch Cancelled," which consists of three, scattered small holes, and with "Minor Stains." Very vibrant color remains and this is certainly among the most beautiful Minnesota issued notes known. Ex: Eric P. Newman Numismatic Education Society Realized $2350.00. Newman VII (Heritage Auctions, 10/2015), lot 18432. Description courtesy of Heritage Auctions.
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- St. Paul, MN - Bank of the State of Minnesota $5 Dec. 1, 1858 MN-160 G2b, Hewitt D1-2. PCGS Fine 15 Apparent. The Bank of the State of Minnesota filed promptly to organize and was the first Minnesota state bank to open for business. They ordered a $1-$2-$3-$5 plate from Wellstood, Hay, & Whiting, New-York to print the notes. The plate used was visually appealing, and a full tint plate was used for security. Proofs and issued notes were printed with a light orange tint. The bank failed when its New York backers went bankrupt in 185 The state was able to pay 70 cents on the dollar for the notes from the funds deposited. The state destroyed the plates and the remainder notes left over from the initial 5,300 sheet order. A very striking central vignette with a Native American hunter, hair flying as his horse gallops, preparing to launch an arrow from his bow. Other riders are in the far distance. At lower left and right, Plenty, with a long cornucopia faces inward. The base vignette shows a young woman's portrait in an oval frame. Fully tinted across in light orange, with micro-lettering FIVE, and two slanting outlined "5" protectors flanking the base vignette. There are only seven issued notes from the bank on the census; of those, two, including this, are listed as $5 notes. Hewitt plates a $5 proof of this type, and its illustrious pedigree included the Herb and Martha Schingoethe and Chuck Parish collections. That proof realized $23,000 at the Stack's Bowers 2012 ANA Auction. The Newman example is noted as "Hole Punch Cancelled," which consists of three, scattered small holes, and with "Minor Stains." Very vibrant color remains and this is certainly among the most beautiful Minnesota issued notes known. Ex: Eric P. Newman Numismatic Education Society Realized $2350.00. Newman VII (Heritage Auctions, 10/2015), lot 18432. Description courtesy of Heritage Auctions.
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- St. Paul, MN - Bank of St. Paul $2 Nov. 1, 1858 MN-155 G4, Hewitt B720-D2a. Proof. PCGS Very Choice New 64. This is a superbly crafted India paper proof engraved and printed by the American Bank Note Company from the four-subject plate authorized. Like the other proofs without protector from this bank, this is the Hewitt plate note and is a very choice example. A farmer and boy work the fields with plow horses at lower left. The dog scampers as it leads the way. At lower right, an oval portrait of a demure young woman. Large "2" counters are in the upper right corners. There are only two proofs of this type reported on the census and this might be the only available example. Noted as "Hole Punch Cancelled" as made and the Hewitt plate note. This completes are marvelous quartet of Bank of St. Paul proofs from the Newman collection. Ex: Eric P. Newman Numismatic Education Society Realized $3290.00. Newman VII (Heritage Auctions, 10/2015), lot 18431. Description courtesy of Heritage Auctions.
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- St. Paul, MN - Bank of St. Paul $2 Nov. 1, 1858 MN-155 G4, Hewitt B720-D2a. Proof. PCGS Very Choice New 64. This is a superbly crafted India paper proof engraved and printed by the American Bank Note Company from the four-subject plate authorized. Like the other proofs without protector from this bank, this is the Hewitt plate note and is a very choice example. A farmer and boy work the fields with plow horses at lower left. The dog scampers as it leads the way. At lower right, an oval portrait of a demure young woman. Large "2" counters are in the upper right corners. There are only two proofs of this type reported on the census and this might be the only available example. Noted as "Hole Punch Cancelled" as made and the Hewitt plate note. This completes are marvelous quartet of Bank of St. Paul proofs from the Newman collection. Ex: Eric P. Newman Numismatic Education Society Realized $3290.00. Newman VII (Heritage Auctions, 10/2015), lot 18431. Description courtesy of Heritage Auctions.
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- St. Paul, MN - Bank of Saint Paul $1 Nov. 1, 1858 MN-155 G2, Hewitt B720-D1a. Proof. PCGS Very Choice New 64. The Bank of St. Paul was organized with an authorized circulation of $25,000 to be printed from its $1-$2-$5-$10 plate ordered from Toppan, Carpenter & Co., but with an American Bank Note Company imprint when executed. The bank's issued notes were eventually refused by the officers, but the State Auditor's office had ample collateral (usually railroad bearer bonds in this period) to pay the notes off at nearly par, 98 cents per dollar. Currently in the census are fourteen issued notes, mostly lower grade $1 and $2 notes that originally surfaced at Jules Karp's New York coin shop decades ago. Proofs are much rarer, and this India paper example is one of only three reported. It is the Hewitt Hewitt plate note and likely the finest example known. The moon illuminates the evening view of riverboats at top left under the arced title. At right of center, a farm worker carries a large bundle of wheat on her back. A beehive motif is at lower right. At lower left and top right are "1" counters. No protector; used on proofs only. Noted as "Hole Punch Cancelled" and the Hewitt plate note. The $5 and $10 proofs from the sheet in Newman Part VI realized $5,640 and $6,169. Very stylish, and the only example we believe cataloged for an auction sale. Ex: Eric P. Newman Numismatic Education Society Realized $3760.00. Newman VII (Heritage Auctions, 10/2015), lot 18430. Description courtesy of Heritage Auctions.