||Boston, MA - Webster Bank $10 18__ MA-400 G12. Proof. PCGS Choice About New 58 Apparent. This is a strikingly engraved proof by the dual Rawdon, Wright, Hatch & Edson, New York/New England Bank Note Co., Boston establishment. Boldly inked and printed India paper proof mounted on its original card stock. The center is dominated by a stern facing portrait of the controversial Daniel Webster. At the upper left is the Bunker Hill Monument. The handsome layout concludes with large, beautifully textured "X" counter engraved into the plate at the far right. A spectacular title and vignette combination. Webster, one of the greatest American orators of all time, was considered an elitist, rather than a friend to the common man; he led the opposition to Jacksonian policies of the late 1830s. In Massachusetts and the North, the New Hampshire Native was revered. He frequents so many Obsoletes that to count them perfectly would be next to impossible. Noted are some minor detriments, "CC [cut-cancelled lightly in the signatures]; Small Edge Tear at Top Right of Center". Extremely Rare and priced in Haxby without an illustration, unplated in the new Massachusetts volumes of the Whitman Encyclopedia. Its title and style combine to make this the most desired of all Webster Obsolete note types. Ex: Eric P. Newman Numismatic Education Society.
Realized $1,997.50. Newman VI (Heritage Auctions, 4/2015), lot 19121. Description courtesy of Heritage Auctions.