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    Description

    Columbus, IN- Kentucky Stock Bank $20 18__ Remainder G12a Wolka 0380-17 PMG Uncirculated 61.
    The Indiana free bank got its curious name because a large part of its circulation was secured by Kentucky bonds deposited with the state auditor. The bank opened in 1854, succeeding B.F. Jones & Co. It remained in business until voluntarily closing its doors in 1863. It then became McEwen & Sons Bank. This final incarnation failed disastrously in 1871, with depositors receiving 6¢ on the dollar. The $20 design is quite striking with only a small female portrait at top center but with a border of twenty geometric counters, equal to the denomination. The note is covered with a brown-orange tint and a large orange and white TWENTY protector. PMG notes a repair, visible only from the back. Rare and always popular.
    From the Michael S. Tallent Collection


    View all of [The Michael S. Tallent Collection ]

    Auction Info

    Auction Dates
    October, 2021
    6th-8th Wednesday-Friday
    Bids + Registered Phone Bidders: 4
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