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    Description

    Newark, NJ- State Bank at Newark $50 18__ G76 Wait UNL Proof PMG Choice About Unc 58 EPQ.
    The State Bank of Newark was one of a batch of six individual banks chartered by the state in 1812-14. These banks were independent banks and not part of a network despite similar names. It remained in business until 1865 when it became the National State Bank of Newark. The design features Commerce seated at center flanked by vignettes of Justice seated at left and another version of Commerce at right. A small version of the New Jersey coat of arms appears at bottom center. The note is printed on India paper mounted on cardstock with the usual POCs in the signature lines. This $50 note is a little bit of a fooler. While it is a relatively plain design, known to and illustrated by Haxby as a proof, there have been virtually no known public auction appearances in recent memory. Based on the location of the POCs, it appears that this note was also the plate note in the Haxby catalog. It is not too much of a stretch to think that this note is possibly unique or nearly so.


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    Auction Dates
    October, 2021
    6th-8th Wednesday-Friday
    Bids + Registered Phone Bidders: 2
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