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    Description

    Cincinnati, OH- Mechanics and Traders Bank $1 Dec. 26, 1839 Wolka 0551-02
    The bank was chartered in 1838 and voluntarily wound up its affairs in 1844. In 1845, it became a branch of the State Bank of Ohio. In 1854, it was suspended and closed by a receiver appointed by the State Bank. This particular note is stamped indicating that it was exchangeable at the Merchants Bank of Jackson County in Brooklyn, Michigan. The Merchants Bank, in turn, had a reciprocal agreement dealing with the redemption of its notes in Cincinnati. This note is in above average condition for issues of the Cincinnati bank, grading Fine-Very Fine. Its only mentionable shortcoming is a small notch in the bottom margin.
    From The Gensch Numismatic Trust Collection


    View all of [The Gensch Numismatic Trust Collection ]

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    Auction Dates
    January, 2013
    9th-14th Wednesday-Monday
    Internet/Mail Bids: 6
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