Description

    Circleville, OH- The Bank of Circleville (The First) $5 (2); $10 1834-49 G8; UNL; G10 Wolka 0668-08; -08.5; -09
    The Bank of Circleville led a rather uneventful life from its formation in 1834 until 1840 when a fraudulent second Bank of Circleville was opened, based on a dormant charter from 1818. This fraudulent incarnation took advantage of the obvious confusion in the names to pump out large amounts of worthless notes before collapsing in 1841. The legitimate Bank of Circleville survived this but itself failed in November 1854 just weeks before its charter was set to expire in 1855. There are two varieties of the $5 in this lot, one uniface and one with a printed red (now oxidized to brown) back which was unknown until 2006. This printed back variety is rare and also has a Peoria, Illinois banker's stamp (B. Curtiss & Co.) on the face. The uniface $5 grades Very Fine and is the plate note in the Ohio state catalog, the $5 with a decorative back grades Very Good with evidence of having been previously mounted on the back, and the $10 grades Fine with a band of very light soiling at left center.
    From The Wendell Wolka Collection


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    Auction Dates
    April, 2014
    23rd-28th Wednesday-Monday
    Internet/Mail Bids: 2
    Lot Tracking Activity: N/A
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