||St. Peter, MN - Nicollet County Bank $5 18__ MN-165 G8a Hewitt B760-D5. Proof. PCGS Very Choice New 64. The $5 denomination color proof is the final member of this elite set and beautifully conceived by the American Bank Note Company, printed on India paper proof mounted on its original cardstock. As a proof, this is unique and the only reported example. Along with that are two known issued $5 notes including the Hewitt collection piece plated in his book. A full light orange tint crosses the surface, like all the notes from the series, with a deeper red die across the bottom center outlining a white protector FIVE. A dynamic logging camp scene shows a lumberjack with axe poised at the height of his swing, while another logger takes a break and smokes a pipe; other workers, including a youth with horses are behind, and logs are seen floating in the river. At the lower left is Washington and at the lower right is a Wellstood engraved allegorical female seated in an ornate "V." The note is Hole Punch Cancelled only through the India paper. This is a beautiful color proof, perhaps not as perfect as the $2 or $3 denominations. But it is the only proof known at present and can boast museum caliber credentials. A glorious finale to this phenomenal color proof set. Ex: Eric P. Newman Numismatic Education Society.
Realized $6,462.50. Newman VI (Heritage Auctions, 4/2015), lot 19190. Description courtesy of Heritage Auctions.