Description

    Cincinnati, Northwest Territory Ohio- The Territorial Treasury $5 Undated
    While surprisingly not the earliest issued paper money in what was to become the state of Ohio in 1803, 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 the minor indignities encountered during extensive circulation such as stains, splits, tears, and repairs. But all of that gets thrown out of 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. The letter is included as part of the item count.


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    Auction Dates
    April, 2015
    22nd-28th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
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