Description

    Cleveland, OH- The State Bank of Ohio, Commercial Branch $1(3) 1854-59 G336; G336a; G336b Wolka 0774-05; -06; -07
    The so-called Gustavus Swan $1 (the first president of the bank, his portrait appears on the left end of the note) was in production for an eternity by antebellum America standards. First introduced in 1851, it was still being issued over a decade later. As a result, a number of varieties were created. The first had a presidential signature space because the president was required to sign every note from every branch. After 1855, a vice president was assigned to sign $1s, $2s, and $3s resulting in a vice presidential signature space appearing on the lowest denominations. Finally after 1858 the "ABCo" monogram appeared on many plates as they were reworked, indicating that American Bank Note Company was now the company of record after the merger of most major bank note companies occurred in that year. This lot comprises one of each of these three varieties on the Commercial Branch of the State Bank of Ohio in Cleveland. This branch was organized in 1845 and remained in business until it became the Commercial National Bank of Cleveland (Charter 807) in 1865. The presidential signature space variety (Good-Very Good with a 1.75" margin tear through Swan's head) and the vice president / ABCo monogram (Fine-Very Fine) varieties are unique from this branch, while the vice presidential signature space variety (Very Good-Fine, punch and cut cancelled with a small paper skin on the back) is represented by two examples from this branch.
    From The Wendell Wolka Collection


    View all of [The Wendell Wolka Collection ]

    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
    April, 2014
    23rd-28th Wednesday-Monday
    Internet/Mail Bids: 1
    Lot Tracking Activity: N/A
    Page Views: 113

    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