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    Description

    Rock Island, IL- Bank of the Federal Republic $5 18__ as G4a Proof PMG Choice Uncirculated 64.
    The bank was organized as a Free Bank in 1858 and failed, along with 89 of its peers, in 1861. The note has a lovely design composed of a portrait of Franklin and the state auditor die on either side of a large vignette of Liberty and a Revolutionary War era soldier flanking a shield that contains Washington's portrait while two Native American warriors look on. A rose overall lace tint and twin large rose and white 5 protectors complete the design. The note is on card with the usual POCs in the signature lines. One example of this note appeared as part of a $1-$5 sheet in Lot 371 of the 1990 ABNCo Archives sale. It may well represent the only surviving Proof of this design.
    From the Charles R. Pease, Jr. Collection, Part II


    View all of [The Charles R. Pease, Jr. Collection, Part II ]

    Auction Info

    Auction Dates
    April, 2020
    22nd-27th Wednesday-Monday
    Bids + Registered Phone Bidders: 7
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