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    Description

    Watertown, NY- Bank of Watertown $50 18__ as G20a Proof PMG Superb Gem Unc 67 EPQ.
    The bank opened in 1839 and was placed in voluntary liquidation in 1871. Interestingly, the design of this $50 is nearly identical to the $50 issue of several other banks in the state, some of which appear in this auction. The intention of this duplication is unknown although it may have been an attempt to standardize designs across multiple banks. This note is printed on India paper without the usual POCs or cut out rectangles normally found in the signature lines. There was a single $50-$100 two subject proof sheet containing this note in the 1990 ABNCo Archives sale. It is quite possible that this note is unique in proof form.


    Auction Info

    Auction Dates
    March, 2020
    1st Sunday
    Internet/Mail Bids: 15
    Lot Tracking Activity: N/A
    Page Views: 77

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