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    Likely Unique Canton, Ohio Issued Note-Ex Glazer & Wolka

    Canton, OH- Stark County Bank at Canton, Ohio $5 Dec. 1, 1863 G12b SENC, Wolka 0280-03 PMG Choice Fine 15.
    This is another great rarity that was formerly in the Len Glazer collection and was purchased out of the primary Wendell Wolka sale for $1,880 in April 2014. The Stark County Bank opened in 1851 under the Free Banking Law of 1851 and remained in business until closing voluntarily in the course of 1863-64. It left around $3,500 in outstanding circulation which was written off by the state in 1873. This note design is from the second series that was issued by the state's State Stock Banks. The designs were very similar but not identical for each bank with things like the portrait and denominational counters changing from bank to bank. This series was issued in late 1853 after extensive counterfeiting of the first series occurred and after employees of Rawdon, Wright, Hatch & Edson in Cincinnati ran off some impressions of the first series notes for their own use. This note features the rarely seen (except on Ohio notes) vignette of Webster and Calhoun in the Library and a brick red decorative back. Excessively rare, with this being the only example of this design known from this bank in 2014. Its rarity and likely uniqueness are still apparent.

    Auction Info

    Auction Dates
    September, 2019
    24th Tuesday
    Internet/Mail Bids: 12
    Lot Tracking Activity: N/A
    Page Views: 159

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