Memphis, TN- Bank of Memphis $1 Sep. 1, 1853 as G2...Click the image to load the highest resolution version.
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DescriptionMemphis, TN- Bank of Memphis $1 Sep. 1, 1853 as G2a as Garland 548 Face and Back Proofs PMG Uncirculated 61.
The Bank of Memphis was organized in 1853 and remained in business until 1860 when it became associated with the Bank of Chattanooga, acting as a branch of that institution. This note depicts Commerce, Prosperity, and Navigation at center, an unidentified male portrait at lower left, and America at right. The back is a decorative orange design with the bank name and denomination highlighted. Both are printed on India paper mounted on Danforth Wright archive book cards, with the face proof having the usual POCs in the signature lines. The back proof has a sealed tear in the bottom margin at right. Lot 1900 in the 1990 ABNCo Archives sale had a single sheet of $1-$1-$1-$2 face proofs and a matching sheet of back proofs. This lot is undoubtedly the original source for this pair of proofs and suggests that the likely number of surviving $1 face and back proofs is three of each.
From the Charles R. Pease, Jr. Collection (Total: 2 notes)
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