Stunning ABN Color Proof

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Obsolete Notes & Miscellaneous Items > Massachusetts

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Marblehead Marblehead Bank $5 Proof
Grade: PCGS New 62    

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Haxby MA-805-G146a; Whitman MA-2145-005-G200. Stunning in many respects and extremely rare. The location and bank title are eclipsed only by the few observed on Cape Cod and Nantucket. The layout, vignettes, and green color devices are fabulous on this example which is clearly superior to the Haxby-Whitman plate note. Ex Rasmussen Collection sold by Bowers & Merena where it was bought as part of the $5-$10-$20 triptych by Peter Mayer. The $10 note from this late series is the illustrious John Paul Jones vignette type. We believe there are only two other examples known, one which is harshly damaged. The Whitman catalog value understates its rarity, grade and importance since all the Marblehead color proofs were energetically pursued in the third Mayer auction from several directions.

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