Skip to main content
Go to accessibility notice


    Cincinnati, Northwest Territory Ohio- The Territorial Treasury $5 Undated
    While surprisingly not the earliest issued paper money in what was to become in 1803 the state of Ohio, this note certainly can lay claim to being among the most historic. It is believed that these notes were used as part of the land sale process which took place after being authorized by an Act of Congress dated May 10, 1800. There are presently no other examples verified in either private or public collections and in all likelihood that situation will remain unchanged indefinitely.
    This note has an illustrious numismatic pedigree that stretches back from the present owner to John J. Ford, Jr. to Lucius S. Ruder to Horace Brand to John Story Jenks to E.B. Gorton to Larz Andersen who, in 1863, wrote the letter which also accompanies this note explaining the origins of the naming of the Northwest Territory.
    To be sure, this note has seen a lot of circulation, with PCGS grading it Apparent Very Fine 20 due to all of the minor indignities encountered during extensive circulation such as stains, splits, tears, and repairs. But all of that gets thrown out the window on iconic notes such as this. This is the opportunity to acquire a significant piece of history which may not present itself again for decades. (Total: 2 items)

    Estimate: $15,000 - $20,000.

    Shipping, Taxes, Terms and Bidding
    Calculate Standard Domestic Shipping

    Sales Tax information  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2015
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 440

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2019 April 24 - 29 Central States Currency Signature Auction - Chicago.

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search

    Recent auctions

    2018 December 5 - 7 HKINF World Currency Signature Auction - Hong Kong
    2018 December 5 - 7 HKINF World Currency Signature Auction - Hong Kong
    REALIZED SO FAR $1,813,327