||Red Wing, MN - Bank of Red Wing (1st) $3 18__ MN-105 G6a Hewitt B500-D3b. Proof. PCGS Gem New 66PPQ. Most likely the finest proof known of any denomination from this first Bank of Red Wing title, printed by the American Bank Note Company as an India paper proof only. The Hewitt plate note offered here also exhibits a well-balanced design. At the top is a wide vignette with a centered American shield flanked at the left by an Indian with mountains in the background and at the right, by a farmer with a river behind. At the lower left, a horse nibbles on the farmer's wheat sheaves, and at the lower right is an ornate "3" with three cherubs. The red protector THREE runs across the bottom. This is Hole Punch Cancelled when prepared at the ABN. There are four proofs noted in the census, but we believe the others are strongly held and perhaps unavailable. This is a Gem New 66PPQ example and a stunner, likely not to be improved. Ex: Eric P. Newman Numismatic Education Society.
Realized $5,170.00. Newman VI (Heritage Auctions, 4/2015), lot 19172. Description courtesy of Heritage Auctions.