Description

    Cincinnati, OH- Miami Exporting Company $1 Sep. 4, 1837
    The first bank chartered in Ohio in 1803, this enterprise's initial mission was to export agricultural products, primarily through New Orleans via the Ohio and Mississippi Rivers. By 1804, thanks to a charter provision allowing it to do so, the company was a bank first and an exporting firm second...or third. By 1807, the exporting business was a fleeting memory. The bank ceased active business in 1822 and remained dormant until 1834 when it was resuscitated. It collapsed in January 1842 and was one of the causes of the Great Cincinnati Bank Riot of that year. Looters rifled the bank's offices and managed to get into the vault where they found $218,000 in company notes and $1,261 in specie. This note obviously saw circulation, grading Good with stamp hinges reinforcing body holes on the back. Numerous small faults that are expected on this grade are present.


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    Auction Dates
    September, 2016
    20th-27th Tuesday-Tuesday
    Internet/Mail Bids: 3
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