||Racine, WI - Racine County Bank $1 18__ WI-685 G2. Proof. PCGS Choice New 63. A wonderfully elegant layout engraved and printed by Wellstood, Hanks, Hay & Whiting, New-York on India paper. The bank, organized in 1854, issued notes for ten years and became the First National Bank of Racine (Charter #457). The title was not in Ford's Wellstood proof archive from Wisconsin and we know of only one other note from the title and series, the issued $5 note sold in the Krause Part I sale in 2009. The title curves fully across the center, with the seal cupped into the left portion and the right end flowing above a portrait of Washington, who is supported by cherubs. At the far left is a large vignette of seated America with flag, freedom cap on pole and fasces. At the lower right far corner is a little girl holding a flower from her basket while a butterfly perches on her shoulder. Hole Punch Cancelled as made. This is choice quality for an India paper WHHW proof; most of the Ford proofs suffered from harsh mount removal. This beauty comes from a fresh, vibrant sheet and shows outstanding rarity and craftsmanship. Ex: Eric P. Newman Numismatic Education Society.
Realized $3,290.00. Newman VI (Heritage Auctions, 4/2015), lot 19429. Description courtesy of Heritage Auctions.