||Janesville, WI - Badger State Bank $3 18__ WI-275 G6b. Specimen. PCGS Very Choice New 64 Apparent. Janesville had several banks that issued Obsolete notes. This rarity is printed on bond paper and was used as a Specimen note (not a remainder or leftover) in lieu of a proof by the bank or archive it originally came from. Several of these bond paper Specimen notes (with HPC, like a proof) were observed in the Chester L. Krause collection sales (most were from his mass purchase of the James Bookbinder proof collection). Collectors from Wisconsin will find this a desirable title. Handsomely engraved by Toppan, Carpenter & Company, New York & Philadelphia and printed on bond paper as used for issued notes. At the center, a man feeds a horse while another, dressed for riding and seated on a barrel, reaches into a basket as a little girl watches intently. At the lower left is a nearly full-length view of a woman holding a basket of flowers. At the lower right is woman gathering grapes. Dual red numerical protector "3" numerals flank the vignette. The note was razor slit cancelled in the signature blocks and cited with "Tape Repaired Cancellations" by PCGS. Well margined and boldly executed. Ex: Eric P. Newman Numismatic Education Society.
Realized $822.50. Newman VI (Heritage Auctions, 4/2015), lot 19399. Description courtesy of Heritage Auctions.