Lot 1402
New York, NY. Bank of New York. $5.00 18__ Proof. PCGS Currency Choice About New 58PPQ. Haxby NY-1790-G164. This is a hole punch cancelled Proof from Draper, Toppan & Co., of New York. It is listed as "no description available" and "surviving example not confirmed" in Haxby, and is the first that this cataloger has seen. One minor corner fold is all that prevents a Choice Uncirculated grade or better, and the paper is surprisingly flawless for an early proof on thin paper. Rarity makes an estimate no better than guesswork here, but if past experience is any guide expect spirited bidding before the hammer falls.
Estimated Value $500 - 1,000.
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| Realized $480 |
