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    Description

    St. Louis, MO (Terr.)- Bank of St. Louis $5 Mar. 18, 1817 G24 PCGS Very Fine 20
    The Bank of St. Louis $5 denomination is a quintessential early American currency note. The beaver-trapping vignette represents the fur trade integral to the economic development of St. Louis and the emergence of its commercial significance. It is a symbol that reminds us of St. Louis prior to Missouri's territorial bank formations and the handwritten scrip "Bons," backed by the deposit of beaver pelts or other merchandise. The type also influenced the style of the 1821 State of Missouri Loan Office $1 notes, engraved as proofs by Richard Harrison, and the final issued $1 notes. Printed on red fiber paper by Leney and Rollinson. At top center, a barefoot Native American hunter in finely detailed buckskins prepares to remove a beaver from a trap. In the background are richly detailed rapids and a view of the landscape upstream. Signed by the unscrupulous John B. N. Smith as cashier and S. Hammond as president. PCGS comments that the left end has been rebuilt and that there are some minor stains. It appears that about the first inch of the left end somehow went missing and was replaced with an artistic representation of what the left end looked like. All in all, this note is still quite presentable and is certainly a good representative of this very rare note. Your cataloger believes that only one other example of this design has been previously offered in our auctions. When might you see another?


    Auction Info

    Auction Dates
    January, 2019
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
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