||New Ulm, MN - Central Bank $2 18__ MN-90 G4a Hewitt B380-D2b. Proof. PCGS Very Choice New 64PPQ. The $2 proof from this elegantly crafted American Bank Note Company imprint plate might not have the grandeur of the elite Santa Claus $1 plate position, but it stands on its own merits as a unique proof and is beautiful in its own right. Printed on India paper and mounted on original cardstock, this is nearly a full Gem. The layout and vignette details are quintessential Wellstood imprint styles. At the center, a steamboat heads down river with dark smoke coming from the stacks. In the bottom corners is an interesting paired set of seated female vignettes facing across the note. At the left is an Indian huntress and across, facing, an allegorical representation of History. The upper corners have matching "2" dies and ornate filigree. At bottom center is a red protector TWO. Hole Punch Cancelled as noted and as made. This is a unique proof, but the census lists five issued notes of the type including an attractive grade example plated in the Hewitt opus. We are not aware of any of those cited issued notes being auctioned publicly; the majority are usually traded privately by the state's avid collectors. This unique proof will no doubt spark strong interest. Ex: Eric P. Newman Numismatic Education Society.
Realized $6,462.50. Newman VI (Heritage Auctions, 4/2015), lot 19160. Description courtesy of Heritage Auctions.