||Garden City, MN - Farmers Bank (1st) $2 October 10, 1858 MN-30 G4 Hewitt B120-D2. Proof. PCGS Gem New 65PPQ. This is another boldly inked India paper proof mounted on original cardstock by the American Bank Note Company. The layout is interesting. The center shows the title at the top, and the date, location, and auditor's signature line. There are two major vignettes, one at each side: two workman are at the left, one atop his horse, and the other seated on a fence; at the right, two boys attempt to control a frightened horse that has thrown or knocked down a farm hand. The upper corners display cherubs and numeral "2" counters. The $2 notes from this plate come with minor variants of the "State Auditor" signature line designation with this type missing the required "Aud'r". There are three $2 proofs reported in the census, and this is presumably the finest. As usual, this is Hole Punch Cancelled as made. This is a pristine proof, looking like it was printed yesterday. Ex: Eric P. Newman Numismatic Education Society.
Realized $6,462.50. Newman VI (Heritage Auctions, 4/2015), lot 19145. Description courtesy of Heritage Auctions.