||New York, NY - Manufacturers & Merchants Bank in the City of New York $2 18__ NY-1700 G4a. Proof. PCGS Gem New 65PPQ. A second Gem from this gorgeous trio of proofs engraved and printed by the American Bank Note Company. Like the previous and the following, this is an India paper proof mounted on original cardstock. Full vermillion color ends and frame with micro-lettered guilloche across the center, and a deeper red cursive TWO protector outline. At the top center is a sailor on the shore, seeming to rest after rowing to safety from a foundering ship. Within the tinted ends are the New York Bank Seal perpendicular at the left and a female portrait at the right. Hole Punch Cancelled, through the India paper only, and as prepared at the ABN. This sensational color proof is in a stellar state of preservation. Ex: Eric P. Newman Numismatic Education Society.
Realized $3,525.00. Newman VI (Heritage Auctions, 4/2015), lot 19257. Description courtesy of Heritage Auctions.