Description

    City of Ohio, OH- Ohio Rail Road Co. $5 Sep. 1, 1840 Wolka 0693-04
    The Ohio Rail Road Co. was one of the many state-sponsored internal improvement projects in Midwestern states that did not pan out. Chartered in 1836, the line started issuing large amounts of paper money in 1837 and was listed as an unauthorized note issuer in the 1839 Ohio Bank Commissioners' Report. The Bank of Cleveland, which had an equity stake in the railroad and was attempting to redeem its currency issues, failed in 1842, and it is believed that the railroad never laid a rail. This note grades Very Good and bears an oval stamp for the Exchange Bank, Cleveland. There are two stamp-hinge remnants on the back, one of which has been carelessly removed.


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    Jan-Feb, 2016
    26th-2nd Tuesday-Tuesday
    Internet/Mail Bids: 6
    Lot Tracking Activity: N/A
    Page Views: 129

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2018 April 25 - May 1 CSNS Currency Signature Auction - Chicago.

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 November 1 - 2 Eric P. Newman VIII Currency Signature Auction - Dallas
    2017 November 1 - 2 Eric P. Newman VIII Currency Signature Auction - Dallas
    REALIZED $1,987,881