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Covington, IN- Bank of Covington $5 18__ as G6 Wolka 0460-05 Proof PMG Gem Uncirculated 65 EPQ.. ...
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Description
Covington, IN- Bank of Covington $5 18__ as G6 Wolka 0460-05 Proof PMG Gem Uncirculated 65 EPQ.The Bank of Covington was a Free Bank in operation from 1853 until its failure in 1855. While state records indicate no remaining outstanding circulation, several issued notes are nonetheless known. The $5 has Danforth Wright & Co.'s spectacular passenger train vignette that had several variants and was widely used. A large lathework panel was added for additional security This bank was represented by a single four subject $1-$2-$5-$5 sheet in the ABNCo. Archives holdings. We believe that this sheet is the sole source for proofs from this bank and that it was cut sometime after 1990. The note is on cardstock and has the usual POCs in both the bank official and state official signature lines.
From the Charles R. Pease, Jr. Collection
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