1857 Indiana $50-$100 Indiana PMG 67 Superb Gem Uncut Pair Proprietary Proof

1857 Indiana $50-$100 Indiana PMG 67 Superb Gem Uncut Pair Proprietary Proof

This exceptional Bank of the State of Indiana “Uncut Pair” represents a stunning example of mid-19th century American banknote artistry. Featuring the $50 and $100 denominations on a single uncut proof sheet, this note pair is a Proprietary Proof, meticulously engraved and printed by the American Bank Note Company of New York. Graded PMG 67 EPQ (Superb Gem Uncirculated), it exemplifies outstanding preservation, clarity, and color depth.

The $50 note showcases intricate portraits of prominent 19th-century figures, with an allegorical vignette of commerce and agriculture symbolizing Indiana’s industrious spirit. The $100 note features a seated allegorical trio representing Prosperity, Liberty, and Industry—recurring themes of American optimism and progress during the pre-Civil War banking era. Both notes are embellished with vibrant orange-red protectors and ornate guilloche patterns that highlight the precision of early American engraving.

As a Proprietary Proof, this sheet was never issued for circulation. Such proofs were produced in extremely limited quantities for archival or presentation purposes, making surviving examples exceedingly rare. The combination of artistic mastery, historical resonance, and pristine preservation under PMG certification makes this piece a true standout among obsolete U.S. currency.

Collector’s Value:
For advanced collectors of obsolete or proof banknotes, this uncut Indiana pair offers a unique opportunity to acquire a visually impressive and historically meaningful artifact. Its superb gem quality, vivid color preservation, and dual-denomination format make it an ideal showpiece for any collection focusing on early American banking history or proof engravings.