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    Description

    Morrisania, NY- Morrisania Bank 1 "Unit" ND circa 1853 G2a Essay Proof PCGS Very Choice New 64 CC.
    The Morrisania Bank "One" Proofs engraved and printed by Waterman Lily Ormsby's firm have been the subject of many discussions for decades. This example was once part of the Eric Newman Collection. New York state specialists once argued that it was not a "banknote" and should not be classified as having an actual location. This debate was mostly debunked when Haxby listed the bank in his four-volume 1988 opus. The Essay Proof in this lot speaks for itself. This is a magnificent example, proofed upon an extremely wide margined sheet-sized card and creating a superb impression with deep plate lines all around. This is a museum piece, and was so at the Newman Money Museum that displayed many of Mr. Newman's Obsolete treasures. This Proof is printed on India paper and mounted within an extremely large card measuring approximately 12 by 7.5 inches. It also has the complete imprint of "W.L. Ormsby, New-York 50 Wall St" at upper left. This is a Type II example, following the Haxby listing, with a very faint gray large "ONE" across the note that can get lost within the design. A rare Obsolete when the Haxby reference was published, it remains very much so today.
    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: 3
    Lot Tracking Activity: N/A
    Page Views: 113

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