||La Crosse, WI - La Crosse County Bank $2 18__ WI-340 G4a. Proof. PCGS Superb Gem New 67PPQ. The full color tinted Wellstood, Hay & Whiting imprint proofs from the Newman Collection sheets share many positive characteristics, such as their red tint with white outlined protectors, interesting and often rarely seen vignettes and of course the highest rarity. None of these proofs would be classified lower than Rarity-7 (1-5 known), and they are often the only examples known in private hands. This La Crosse County Bank $2 fits all those criteria and is a Superb Gem printed on India paper mounted on cardstock. The red tint covers the note with a micro-lettered TWO pattern, becoming deeper vermillion around the frame and upper left counter. Outlined in white by the tint is an immense protector "2." At the right end is a bucolic scene of cattle, the distant train not disturbing them in the least. Hole Punch Cancelled through the India paper. The proof sheet archived in Madison contains the only other proofs known from this bank. A "miracle" issued $3 note from this series was in the Krause Collection's first auction sale, realizing $2,990, but it was rather worn and the color was subdued. This exquisite $2 proof is unique in private hands. Another perfect proof note. Ex: Eric P. Newman Numismatic Education Society.
Realized $8,225.00. Newman VI (Heritage Auctions, 4/2015), lot 19404. Description courtesy of Heritage Auctions.