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    Description

    Magnolia, AR- Columbia Exchange Company $5 Oct. 15, 1862 Rothert 466-5 UNL
    Only $1 and $3 denominations are listed for this issuer in Rothert. W. Wyatt signed this boldly printed unlisted $5 note as treasurer and B.F. Askew signed as president. The note certainly has a better appearance than the grade might imply. PMG Choice Fine 15 Net, with the net grade assigned due to rust stains and tears. Exchange banks were a way around an amendment to the state constitution that was passed in 1846 outlawing banks after the State Banks had failed.


    Auction Info

    Auction Dates
    September, 2011
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 321

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