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Rome, GA- Bank of the Empire State $100 Sep. 4, 1861 G14b PCGS Very Fine 25.. ...
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Sold on May 7, 2024 for:
$900.00
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Description
Rome, GA- Bank of the Empire State $100 Sep. 4, 1861 G14b PCGS Very Fine 25.The bank was chartered in 1856 and remained in business into the Civil War, with notes dated as late as April of 1863. The bank's final years are a bit sketchy, but the beginning of the end was probably May 1864, when Rome was taken by Union forces. After the war, the bank's notes traded at around 20¢ on the dollar, but beginning in 1869, dropped precipitously to 1¢ on the dollar, suggesting that any opportunities for further redemptions had been exhausted by then. A seldom seen denomination, the $100 incorporates a center vignette that is a cut down rendition of a vignette used on T40 CSA Treasury Notes issued in 1862-63. There is also a large red 100 protector, a vignette of a Revolutionary War era soldier, and a portrait of Thomas Jefferson. This note served as the plate note in Haxby's catalogue (page 285, left column) and is formerly a holding of the landmark Alan Dorris Collection sold at our 2015 FUN Currency Signature Auction where it crossed the auction block for $2350. PCGS notes small edge splits which are of no significant consequence. We are presently only aware of two issued examples of this note, with this example being the nicer of the two.
Auction Info
2024 May 7 - 10 CSNS US Currency Signature® Auction #3595 (go to Auction Home page)
Auction Dates
May, 2024
7th-10th
Tuesday-Friday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 155
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