Previously Unknown State Bank of Ohio Likely Unique RarityBridgeport, OH- State Bank of Ohio $1 March 1, 1860 G112a Wolka 0205-06
The Belmont branch of the State Bank of Ohio was one of the last to open when it was organized in 1848. It was a commercially successful venture and continued in business until it became the First National Bank of Bridgeport, taking Charter 214 in 1864. In 1855-56, the Vice President took over signing notes of the branch's three lowest denominations, with notes ordered from printers Draper, Welsh & Co. in Philadelphia reflecting the change. The plates were duly altered, with the signature line containing the words "Vice Pres." Although we have seen this usage on plates used by National Bank Note issuers, this is the first example we have ever encountered with the printed title "Vice Pres." on any obsolete note. Used for only a year or so, this variety is listed in the Wolka reference, but as Rarity 8, or "Unknown." If rarity, grade and desirability are any guide, expect bidding on this bright and attractive PMG Very Fine 30 rarity to easily reach and quite possibly exceed...
Estimate: $1,500 - $2,500.
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