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    Lafayette, IN- Gramercy Bank $5 Nov. 25, 1852 as G4b Wolka 1100-05 PMG Uncirculated 62.
    The bank led a quiet existence as an Indiana free bank from 1852 until its owners pillaged its assets and fled the state as part of a complex financial scheme in 1857. Note holders were left holding the bag as a result. The $5 design features a vignette of the Gramercy Hotel in New York City. This proof was printed on India paper with the usual POCs in the signature lines. PMG mentions repaired tears which are quite subtle. Nine examples (including this note) of this variety appeared in the 1990 ABNCo Archives sale.

    Auction Info

    Auction Dates
    October, 2021
    17th Sunday
    Internet/Mail Bids: 13
    Lot Tracking Activity: N/A
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