||Milwaukee, WI - Globe Bank $2 18__ WI-470 G4a. Proof. PCGS Superb Gem New 67PPQ. This is an extraordinary, full color Obsolete proof. Engraved and printed by Toppan, Carpenter & Co., New York & Phila. on India paper, from the $1-$2 plate configuration. This type is unique in private hands and the bank was not in the Krause Collection. The overall structure is like the $1. A full, light orange lace tint covers the note with an outlined white protector TWO at bottom center. At the top center, above the title across, Archimedes is levering the world off a fixed point, and American scenes are in the background. At the far left is a different version of Fame as Liberty. With her garments swirling about, she blows her horn while "on top of the world." Hole Punch Cancelled as made. A superbly crafted vignette hybrid of classical themes favored in the 1840s, with this later note using full color. Superlatives abound for this Superb Gem New 67PPQ color proof. The only example in private hands and another first time opportunity to bid upon one of the great treasures in this Newman Wisconsin proof note selection. In the past few years, some less artistically styled Obsolete proofs have crossed the $10,000 mark with ease. This museum caliber example will set its own record, as neither it nor any other example of the type has ever before been offered at auction. Ex: Eric P. Newman Numismatic Education Society.
Realized $11,162.50. Newman VI (Heritage Auctions, 4/2015), lot 19419. Description courtesy of Heritage Auctions.