Description

    First Ever Public Offering

    Pocomoke City, MD- $20 1902 Date Back Fr. 642 The Citizens NB Ch. # (E)6202
    A true Maryland trophy note from what is likely the rarest bank in the entire state not listed as unreported in the census. This was one of the most thinly capitalized institutions in Maryland throughout its existence, as its meager $12,500 circulation attests, and it left just $420 in large size notes unredeemed by 1935. Only one large note is recorded in the census from here, and no small examples are recorded from here at all. More important for collectors, this is the first recorded appearance of any note from here at public sale since our records begin in 1943. Fortunately for those who appreciate condition as well as rarity, this note is an attractive pen signed example grading a pleasing Very Fine+. We are hard pressed these days to estimate rarities whose appearances are so infrequent that they are measured in decades rather than years, but if recent price records on notes of similar grade, rarity and demand are any guide, expect the hammer to fall on this lot somewhere in the area of...


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    Auction Info

    Auction Dates
    January, 2002
    10th-12th Thursday-Saturday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 318
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