Skip to main content
Go to accessibility notice

    Description

    Washington, IL- Prairie State Bank $3 185_ G4 Proof PMG Choice Uncirculated 63.
    The Prairie State Bank operated as a Free Bank from 1852 until it failed in 1861, not having the wherewithal to survive the financial storms associated with the beginning of the Civil War. It had company; ninety Illinois Free Banks failed or were forced to close in 1861. Corner vignettes of Ceres and Commerce flank three cherubs cavorting in a large 3 at center. The note is printed on India paper with the usual small POCs in the signature lines. PMG notes the two stamp hinge remnants on the back (which suggest a provenance possibly as far back as D.C. Wismer in the 1930s). The proof was known to Haxby and illustrated in his 1988 catalog although the bank was not represented in the 1990 ABNCo Archives sale. We are unaware of any public auction appearances in at least the last decade and are confident that this note is likely unique or nearly so.
    From the Charles R. Pease, Jr. Collection


    Auction Info

    Auction Dates
    March, 2020
    1st Sunday
    Internet/Mail Bids: 12
    Lot Tracking Activity: N/A
    Page Views: 127

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 45 days left to consign to the 2020 July 11 - 13 HKINF World Paper Money Signature Auction - Hong Kong!

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search