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Description

Buffalo, NY- Benjamin Rathbun 6 1/4¢ July 4, 1836
This is a lovely piece of private scrip from a famous Nineteenth Century rogue, who at one time had an estimated ten percent of the population of Buffalo on his payroll. His many business ventures were viewed by him as opportunities for the circulation of ever increasing amounts of scrip. Unfortunately, when his empire crashed during the Panic of 1837, the worthlessness of his currency impoverished much of the city. Rathbun was tried, convicted, and sent to prison for fraud. The label lists his name as "Rathburn," however Rathbun is the correct spelling. PCGS Choice About New 58PPQ.


Auction Info

Auction Dates
December, 2008
9th Tuesday
Internet/Mail Bids: 5
Lot Tracking Activity: N/A
Page Views: 265

Buyer's Premium per Lot:
15% of the successful bid per lot.

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Sold on Dec 9, 2008 for: $54.00
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