Bank of Kent $1.50
Late 1810s-1820s Proof. Durand 242, Haxby RI-60 G11, Bowers W-RI-220-001.50-G040
“This is an impressive Abner Reed India paper proof. Not illustrated in Haxby or the Whitman Encyclopedia… It was not in the Abner Reed archive proof book, once owned by F.C.C. Boyd. The Reed book was disassembled in the late 1970s for eventual sale in 1983 (NASCA Abner Reed sale) and 1999 (Stack’s Americana Sale.) The top central vignette of a textile machine appears on this series only. It is between two counters. End panels show the fractional denomination at top and bottom. At the left, the central cartouche shows the denomination in decimal format. At the right, the state name is within the cartouche. Noted as ‘Pen Cancelled,’ seen in the signature blocks only. Well-margined all around and with the faintest wisps of some foxing. A superb impression and denomination type.”
Ex Coll. Eric P. Newman Numismatic Education Society
Detail of the machinery, also seen on $1 notes from this bank.