||Philadelphia, PA - Bank of the United State (the Second) $100 18__ US-2 G32 Hoober 305-153. Proof. PCGS Very Fine 25 Apparent. A rare India paper proof from the Second Bank of the United States (1817-1836) engraved and printed by Draper, Underwood, Bald & Spencer (with imprint; some proofs from series are known without imprint). This Philadelphia home office type is not known issued and there are only a few proofs extant. At the top center is an eagle at the shore, with wings pulled back; a shield rests upon its perch, and the tops of arrows are visible behind the adjacent plants. At each end are cameos with conjoined busts of Franklin and Washington, who is in uniform. In the corners are counters, either "100" or "C" on shaded lathe work. The base vignette shows the profile of a man wearing a Freedom cap. The Apparent notations from its handling over time include, "Hinge Repaired Edge Splits; Minor Stains," and the margins are a bit close. An artistically designed proof printed in the 1830s and from a rarer Bank of the United States series. Ex: Eric P. Newman Numismatic Education Society.
Realized $940.00. Newman VI (Heritage Auctions, 4/2015), lot 19310. Description courtesy of Heritage Auctions.