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Akron, NY - $20 1882 Brown Back Fr. 504 The Wickware NB Ch. # (E)5631. ...
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Sold on Jan 7, 2012 for:
$2,875.00
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Description
Akron, NY - $20 1882 Brown Back Fr. 504 The Wickware NB Ch. # (E)5631A rare note indeed, as this institution issued Series 1882 examples only before surrendering its national charter in 1919. The bank (which still exists as a state chartered institution) has an interesting history, having been founded in 1900 as Wickware National Bank of Akron, when local businessman Napoleon Bonaparte Wickware directed in his will that his private banking business be converted to a national bank. In 1919, the bank changed to a state charter as Bank of Akron. As Akron prospered and the bank grew, a new Main Office was built in 1927 at 46 Main Street in the village of Akron. During the Great Depression, the bank was saved from financial ruin by Eugene P. Forrestel, a highway contractor and local businessman. He enabled the bank to stay open by personally backing the bank's deposits, and went on to serve as President for 43 years. Only five examples from the Wickware NB are listed in the census, with this piece having been off the market since it sold for over $6000 in 2003. Sharp PCGS Extremely Fine 45, trimmed into the design at the top.
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Auction Info
2012 January Signature FUN Currency Auction #3516 (go to Auction Home page)
Auction Dates
January, 2012
5th-10th
Thursday-Tuesday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 546
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15% of the successful bid per lot.
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