||Washington, DC - Bank of Washington $20 18__ DC-385 G48 SENC. Proof. PCGS New 62. A third denomination from this attractive trio of proofs, and a very rare type. This India paper proof, die-sunk to its original cardstock by Draper & Co., Phil., is a lovely, well-engraved example. The title is straight across. Above and slightly to the right, are seated Commerce and Plenty. At the left, Washington appears in the center with corner "XX" dies. At the lower right, a standing woman with a milk pail. This is one of only two examples known to us; the other is the cited Leidman proof from the 1985 sale. That proof, on cardstock, was described as somewhat impaired. Like the $5 and $10 proofs, Hole Punch Cancels go though the India paper and original card. This is a sharp example: bold and bright. Ex: Eric P. Newman Numismatic Education Society.
Realized $2,820.00. Newman VI (Heritage Auctions, 4/2015), lot 19035. Description courtesy of Heritage Auctions.