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    Description

    St. Paul, MN- Dayton Bank $1
    An attractive remainder graded PCGS Very Choice New 64 that has a number of appealing vignettes. Minnesota is a tough state for Obsoletes. The central portrait on this $1 depicts Lyman Dayton, a successful entrepreneur who relocated to Minnesota shortly before the mass immigration that took place. Dayton acquired several thousand acres of land east of St. Paul, at least partially by buying soldiers' land warrants from men who had served during the Mexican War, and became a well known real estate dealer and was also known as a banker. His attempt to issue his own currency in three different denominations during 1856-57 as The Dayton Bank was not authorized by the state of Minnesota and quickly failed.


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    Auction Dates
    January, 2012
    17th Tuesday
    Internet/Mail Bids: 12
    Lot Tracking Activity: N/A
    Page Views: 190

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