||Taylors Falls, MN - Chisago County Bank $10 MN-190 G8a Hewitt B840-D10. Proof. PCGS Gem New 66PPQ. Perhaps even more exceptional than the $5 denomination above, this color tinted proof is from the plate engraved by the American Bank Note Company and printed on India paper only. According to the census, the rarest denomination from the bank. This unique proof is complemented by only three issued notes, all strongly held and rarely seen for sale. The deep red lace color tint sweeps across the note. At the center is a bowled TEN DOLLARS outlined in white and forming an oval with the arced title at the top, with the vignette nested between. A calm domestic scene is at the center of the river rafting vignette at top center. A mother, baby in her arms, cooks while her older child looks on. Meanwhile, men stand at the perimeter of the raft, guiding it through the currents. At the bottom left is the classic Wellstood "X" vignette dwarfing the seated milkmaid. At the lower right is a girl's portrait. The ABN Hole Punch Cancelled, as made, is noted. Another phenomenal full color tinted Minnesota proof. Including the Newman notes offered here, only about 15 full color proofs from the entire state are available to collectors. Auction records are sparse for these elite color proofs. In addition to the cited Bank of the State of Minnesota $5 color proof selling for $23,000 in August 2012, there is the $1 India paper color proof (ex: Schingoethe, Middendorf and 1969 Wismer-Osmun sale sold by Coins & Currency, Inc.) from the same series that sold for $10,350 in January 2008 at the Lawrence R. Stack Numismatic Images on American Paper Currencies collection sale. This is an exceptional full color proof, combining superb vignettes with security printing devices. Ex: Eric P. Newman Numismatic Education Society.
Realized $9,400.00. Newman VI (Heritage Auctions, 4/2015), lot 19192. Description courtesy of Heritage Auctions.