LOT #83092 |
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Hernando, MS- Hernando Rail Road and Banking Company at the Mechanics & Traders Bank, Cincinnati $20 Post Note 18__ G26a Kraus...
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Sold on Jun 20, 2023 for:
$336.00
Bid Source: Internet bidder
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Description
Hernando, MS- Hernando Rail Road and Banking Company at the Mechanics & Traders Bank, Cincinnati $20 Post Note 18__ G26a Kraus 10380 Remainder PMG Very Fine 30.This railroad and banking company (undoubtedly much more involved in the latter business) was in business from roughly 1837-40 before failing. This post note was payable in Cincinnati, 500 miles away, to slow down redemptions. Such maneuvers were sure signs of a highly leveraged fragile business. The design features an oval cameo-like medallion 20 counter at center flanked by a vignette of Hebe watering an eagle and a Native American woman seated on a bale holding a shield. Ceres stands at right. A decorative red-orange back completes the design. PMG mentions some toning which is not particularly bothersome
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Auction Info
Tuesday US Currency Select Auction #142325 (go to Auction Home page)
Auction Dates
June, 2023
20th
Tuesday
Internet/Mail Bids: 5
Lot Tracking Activity: N/A
Page Views: 128
Buyer's Premium per Lot:
20% of the successful bid per lot.
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