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Richmond, VA- Bank of Virginia $15 18__ Type 15C Jones-Littlefield BR130-55 Proof PMG Choice Uncirculated 63.. ...
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$1,560.00
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Description
Richmond, VA- Bank of Virginia $15 18__ Type 15C Jones-Littlefield BR130-55 Proof PMG Choice Uncirculated 63.The bank was one of the state's large multi-branch banking networks that served the state prior to the end of the Civil War. The bank had ten branches in addition to the main branch in Richmond. Organized in 1804, the bank closed its doors in October, 1865 when it declared that it would redeem its circulation at the rate of 25¢ coin or the equivalent in currency (probably U.S. currency) per $1 of its paper. As an alternative, note holders could receive 16¢ in coin or its equivalent in currency and an unknown percentage of the excess assets remaining after the bank's affairs were wound up. Depositors of Confederate currency were to receive their deposits back in that now worthless form. The $15 note design, from more prosperous antebellum times, features an interesting vignette of Pythagoras instructing a youth in geometry. This is flanked by four cameo-like medallion heads, one of which has regrettably been cut from the note for some misguided reason. It is printed on India paper, mounted on original archive paper, and was part of an uncut sheet of three $10s and this $15 in the 1990 ABNCo Archives sale (Lot 2014). Unfortunately, this attribution is fully confirmed by the missing vignette on this note. Undoubtedly unique.
From The Neil A. Chiappa Collection
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Auction Info
2023 September 13 - 15 Long Beach Expo US Currency Signature® Auction #3593 (go to Auction Home page)
Auction Dates
September, 2023
13th-15th
Wednesday-Friday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 133
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