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    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.

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    Auction Info

    Auction Dates
    January, 2015
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
    Page Views: 434

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