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    Nashville, TN- Bank of Tennessee $6 18__ G488 Garland UNL Proof/Remainder PMG Very Fine 30.
    The Bank of Tennessee opened in 1838. In 1862, the bank evacuated its assets, which were then on the move until 1865 when Federal forces captured them in Augusta, GA and returned them to Nashville. The bank was liquidated on February 16, 1866, with redemption efforts continuing for another twenty years. Some sources feel that the $6 is a Proof while others feel it may be a Remainder. Everyone seems to agree that this note is almost certainly unique, rendering the debate somewhat meaningless. No other notes of any kind have ever been discovered from what appears to have been a planned issue of $6, $7, $8, and $9 notes. For now we will stick with the grading service opinion that it is a Proof. PMG notes minor repairs to some short splits and nicks in the top margin. On a note of this historical importance and excessive rarity, they will likely not make any difference to serious collectors.
    From the Michael S. Tallent Collection

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    Auction Info

    Auction Dates
    October, 2021
    6th-8th Wednesday-Friday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 191

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