||Waukesha, WI - Forest City Bank $2 March 1, 1857 WI-830 G4a. Proof. PCGS Very Choice New 64. This is a very rare Waukesha bank for any note. The plate was originally prepared by Wellstood, Hay & Whiting, New-York, with a $1A-$1B-$2-$3 configuration, for the Milwaukee City Bank series. After printing those proofs, it was altered for use by the Forest City Bank, Waukesha, as represented by this example. Printed on India paper and mounted on its original card. In the center, under the Gothic title, is the rarely seen vignette showing top of the globe projection. North America and The United States are defined, and several cities are identified. Seated America and an eagle are at the top. At the right end is an intricate "2" with intertwined Hope. A red protector TWO is across the bottom center. Hole Punch Cancelled as made and through the India paper only. We know of a $3 issued note from the bank, which appeared in the first Krause sale and is held along with the archived proofs in Madison. A very handsome series and type. This note would certainly pair well with the Milwaukee City Bank $2 proof offered in this sale. Ex: Eric P. Newman Numismatic Education Society.
Realized $3,995.00. Newman VI (Heritage Auctions, 4/2015), lot 19434. Description courtesy of Heritage Auctions.