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Lot 19218


Image Information

Type Currency
Title Lot 19218
Date
Country U.S.
Grade Very Choice New 64
Service PCGS
Denomination
Description St. Louis, MO - Union Bank of Missouri $5 Branch Payable 18__ MO-65 UNL. Proof. PCGS Very Choice New 64 Apparent. A second visually exciting, impeccably engraved $5 Branch Payable proof is an unlisted type, observing that the lower left vignette is different from the previous (and aesthetically improved). The difference is not described in the Bank Note Reporters of the day (see Gwynne & Day, page 133 which describes only the previous $5 type). D.C. Wismer used the Bank Note Reporter's information to create many of his foundational Obsolete listings in the 1930s. Like all the Union Bank of Missouri proofs offered here, this is an India paper proof printed by the American Bank Note Company. The layout is identical to the SENC MO-65 G86a $5 proof previous. The same captivating central vignette shows a bear-hunting scene, with the protective mother bear striking back at one of the two Indians on horseback. This dramatic image was engraved originally by Toppan, Carpenter & Co. At the lower left is an enthralling portrait of a beautiful woman, nearly quarter-length, wearing a formal dress. Her head is tipped to better display her ornate earrings (this replaces the large male portrait, engraved for the bank, used on the prior type). This portrait was adapted directly from Henry Cousin's mezzotint engraving Beaming Eyes, after a painting by Charles Baxter. It was originally engraved for Danforth, Wright & Co., but used on this unlisted Missouri type and the SENC City Bank of Poughkeepsie, New York $5 proof in this sale. The ABN also used this art later with an added fan and different clothing. At the lower right is a family with a child on the father's shoulder. The vermillion tint plate, as the previous, encircles each of the "5" dies in the upper corners and adds a protector V FIVE V across the signature blocks. The proof is Hole Punch Cancelled, as made, with the more typically seen three holes through each signature. The Apparent designation is explained as "Paper Toned; Hinge Remnants on Back." But there are no tears or other flaws; the paper toning is mostly uniform, just a little lighter at each end. The inspired design and highest rarity elevates this unlisted proof to elite status. Ex: Eric P. Newman Numismatic Education Society. Realized $5,640.00. Newman VI (Heritage Auctions, 4/2015), lot 19218. Description courtesy of Heritage Auctions.

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