||New Ulm, MN - Central Bank $5 18__ MN-90 G6a Hewitt B380-D5b. Proof. PCGS Very Choice New 64PPQ. The $5 proof from this series, the Hewitt plate note, uses inspired Wellstood engravings from its American Bank Note Company imprint plate. Like the others, this is printed on India paper and mounted on original cardstock. The layout and vignette details are quintessential Wellstood: a beautifully crafted proof. The series is one of only a few using the Wellstood, Hay & Whiting engraved vignette and die structure. The center of the design features a prominent arced title across with the red protector FIVE below. The major vignette pair is in the upper corners. At the upper left is a seated female holding a shield depicting an arm and hammer symbol. At the upper right is a shepherd at rest with some of his flock. At the lower right is a small vignette of standing sailor. A trio of different counters balances the layout. This is Hole Punch Cancelled as noted on the encapsulation, through the India paper and card, as made. This is an exceedingly rare type with the Hewitt census recording one issued note in an institutional collection (perhaps the cited Haxby listing, priced by him with no illustration), and this stunning cardstock proof is the only example reported and available, therefore unique at this time. Another exceptional opportunity from this impressive quartet of New Ulm card proofs. Ex: Eric P. Newman Numismatic Education Society.
Realized $7,050.00. Newman VI (Heritage Auctions, 4/2015), lot 19161. Description courtesy of Heritage Auctions.