LOT #20213 |
Sold on Sep 13, 2023 for: Not Sold
Springfield, VT- Exchange Bank $5 June 1, 1854 G8 Coulter 9 Remainder PMG Very Fine 20.. ...
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Description
Springfield, VT- Exchange Bank $5 June 1, 1854 G8 Coulter 9 Remainder PMG Very Fine 20.The Exchange Bank opened on June 22, 1854 and remained in business until voluntarily relinquishing its charter on September 15, 1865 and merging its business with the First National Bank of Springfield which had been formed in 1863. The $5 design features a portrait of Washington surrounded by five allegorical women. The three women on the left, Commerce, Ceres, and Navigation formed a vignette that Hoyer & Ludwig copied for use on the T17 Confederate $20 Treasury Note that was issued between September and November, 1861. The other two allegorical women are America and Liberty. Portraits of Daniel Webster and John C. Calhoun as well as a large red FIVE protector complete the design. Technically it is a remainder as there is no visible serial number, but it is clear that this note spent at least some time in circulation. The portrait of Calhoun also appears to have possibly been used on the T1 Confederate $1000 Treasury Note produced by National Bank Note Co. This note is excessively rare, and possibly unique. When we offered this note two decades ago, it crossed the auction block for nearly $750 and we believe that level will be challenged or exceeded tonight.
From The Gaines Confederate Matching Vignette 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: 0
Lot Tracking Activity: N/A
Page Views: 188
Buyer's Premium per Lot:
20% of the successful bid per lot.
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