||New Bedford, MA - Bedford Commercial Bank $30 18__ MA-880 G42. Proof. PCGS Choice About New 55 Apparent. This is a very distinctively engraved and extremely rare $30 odd denomination India paper proof engraved by Leney & Rollinson. It is one of only two examples we have observed. The fineness of their tools allowed them to cut extremely intricate and engineered lathe work end panels along with very detailed, generally allegorical, female vignettes. At the top center is seated Commerce on the shore, beckoning to an approaching ship. The end panels have a mesmerizing optical effect when printed as India paper proofs. This example has been in the Newman collection for decades and presents a new opportunity for the collecting community. The other known example is nicely pedigreed to the March 2006 Schingoethe Collection Part 6 (the subtitled "Panorama of Obsolete Currency" thematic catalog) auction, and was formerly ex: Christian Blom. That proof realized $4,817.50 in the October 31, 2014 Baltimore auction. PCGS notes "Tape on Back," but this very small piece of tape is on the back's widest margins and does not affect the face eye appeal of this rare beauty. Ex: Eric P. Newman Numismatic Education Society.
Realized $2,350.00. Newman VI (Heritage Auctions, 4/2015), lot 19130. Description courtesy of Heritage Auctions.