||Chelsea, VT - Bank of Orange County $10 18__ VT-76 G10a Coulter 17. Proof. PCGS Choice About New 55 Apparent. Although this is a compact section of Vermont Obsoletes, it includes some interesting notes. This is an impressive and extremely rare full color proof that is listed, but not illustrated, in Haxby. As a rule of thumb, we consider these notes as desirable as discovery SENC notes. At the center is the riveting "Dr. Kane in the Arctic" vignette, which we discussed at length in the Missouri section (the vignette appears on the Bank of the State of Missouri $5 proof). This is a lovely India paper proof engraved and printed by Toppan, Carpenter & Co. New-York & Philad. At the top center, under the title, is a vignette described in period accounts (by contemporary Bank Note Reporters like Gwynne & Day) of "Dr. Kane in the Arctic." In the central vignette, the ice party is shown loading their sled with supplies from their dinghy, while a team of tethered huskies waits; the icebound ship Advance is at right in the near background. Kane was a member of the second Henry Grinnell expedition in search of the tragic Sir John Franklin party that mysteriously disappeared decades before in the Canadian Arctic. At the lower left is a farmer with wheat sheaves and, at lower right, an iron worker stands next to a forge. Full red lace color tint crosses the note and outlines the white protector TEN DOLLARS. Hole Punch Cancelled as prepared by the banknote company. Cited as Apparent, for very minor issues, consisting of two side "Hinges on Back" which do not affect the face. The central vignette is rarely encountered, but in this initial Newman collection currency sale it appears a few times, all on extremely rare notes. A beautiful color proof in all regards. Ex: Eric P. Newman Numismatic Education Society.
Realized $3,525.00. Newman VI (Heritage Auctions, 4/2015), lot 19372. Description courtesy of Heritage Auctions.