||Beloit, WI - Bank of Beloit $3 January 2, 1855 WI-50 G6. Proof. PCGS Superb Gem New 67PPQ. An exceptional Superb Gem, with its inspiring vignette and dynamic layout, is one of the most well-crafted proofs in this section. Engraved and printed from the plates by Toppan, Carpenter & Co. on India paper mounted on original card stock. At the far left are three allegorical females: Hope, Industry and Agriculture in period dress (as opposed to classical garb). At the upper right, St. George, on a rearing horse, is poised to slay the menacing dragon, a vignette that is relatively rare on Obsolete notes. Between the major vignettes is a tall gray "3." This is from the first series of notes with the bank's capital shown as "$35,000" at the top, later to be raised to $60,000 (WI-50 G6a). Hole Punch Cancelled. The Krause collection had an issued note from the $60,000 series, which sold for $1,725 in the March 2010 Krause Part II sale. A superb proof, deeply inked and perfectly printed from a series that might only be known in the Newman collection proofs. Ex: Eric P. Newman Numismatic Education Society.
Realized $3,525.00. Newman VI (Heritage Auctions, 4/2015), lot 19383. Description courtesy of Heritage Auctions.