||Columbus, WI - Bank of Columbus $1 18__ WI-95 G2. Proof. PCGS Gem New 66PPQ. A very scarce bank from Wisconsin with proofs and some issued notes known. The bank also officially passed half notes, acting as 50 cents to make change. This is a pristine India paper mounted on cardstock proof engraved and printed by Toppan, Carpenter & Co, New York & Philadelphia (the sheet in the $1-$2-$2-$5 configuration). At the top center is a rare scene of The Landing of Columbus, with this version originally engraved in the 1840s by Draper, Toppan & Co. While his landing party kneels, Columbus stands at the center holding the Spanish flag and his sword. Other crew members, from the ship seen at left, bring a cross to shore on a longboat. To the right, a group of curious Indians assess the situation. Palm trees are seen behind. At lower left is a portrait of Washington. At the lower right "Capital $50,000" is under the seal. Hole Punch Cancelled, but only through the India paper. This is from the early capitalization of the bank and the sole example on the four-subject sheet. A fitting combination of title and topical vignette that is in Gem condition. Ex: Eric P. Newman Numismatic Education Society.
Realized $3,995.00. Newman VI (Heritage Auctions, 4/2015), lot 19389. Description courtesy of Heritage Auctions.