LOT #12669 |
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Kirtland, OH- Kirtland Safety Society Anti-Banking Co. $1 Jan. 4, 1837 G2 Wolka 1422-01 Rust 12. ...
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Description
Highly Desirable Kirtland Anti-Banking Issue
Kirtland, OH- Kirtland Safety Society Anti-Banking Co. $1 Jan. 4, 1837 G2 Wolka 1422-01 Rust 12The Kirtland "Anti-Banking" notes were actually the first issue of notes from this bank, with all of the known notes dated January 4, 1837. The reason for this issue was the rejection of the bank's application for a charter from the Ohio state banking regulators in Columbus. With the notes already in hand and the bank ready to open, the bank's officials decided not to let such legal niceties restrain their activities, and simply opened for business issuing the newly renamed currency. This note bears the signatures of S [idney] Rigdon as Sec and J [oseph] Smith, Jr. as Tres. Smith actually signed most all of these early notes, but within a few months he had severed his relationship with the bank, which closed in November of 1837. Smith and Rigdon were each eventually fined $1000 by the State of Ohio for their part in the bank's opening. Fine-Very Fine, a rare and highly desirable Mormon issue.
Auction Info
2008 September Long Beach, CA CAA Signature Auction #3502 (go to Auction Home page)
Auction Dates
September, 2008
17th-21st
Wednesday-Sunday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 2,432
Buyer's Premium per Lot:
15% of the successful bid per lot.
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