Skip to main content
Go to accessibility notice


    Memphis, 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)

    Auction Info

    Bidding Begins Approx.
    20th Friday
    Auction Dates
    8th-13th Wednesday-Monday
    Proxy Bidding Begins Approx.
    14 Days
    Bids + Registered Phone Bidders: N/A
    Lot Tracking Activity: N/A
    Page Views: 10
    Auction Type
    Heritage Signature® Auctions:  Heritage Live®:After Internet bidding closes, live bidding will take place through Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

    Heritage Signature® Auctions Floor Sessions
    Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 24 hours before the live session begins and continues through the session. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.

    Track Item