Description

    Columbus, OH- The City Bank of Columbus Counterfeit $10; $10 1847-54 C8; G8a Wolka 0853-13; -14
    There is a pair of notes in this lot, one genuine and one counterfeit. The bank was chartered as one of Ohio's so-called "Independent Banks" in 1845. The bank's close ties with the Columbus Insurance Company brought it to grief when the latter firm failed in 1851. The bank ceased operation in 1854 and did not reopen until 1856-57. The bank finally closed in 1863-64, with notes being redeemed until 1867 when the bank's $4,389.50 bond, used to redeem any notes presented for redemption, was returned to it. Thus it is a minor miracle that this genuine higher denomination note escaped redemption. The counterfeit is best detected by the distorted face of Governor Vance's portrait on the left side of the note. The counterfeit note (serial number 4214), which serves as the plate note in the state catalog, grades Very Good-Fine while the genuine note (serial number 4400) grades Very Good with a rounded bottom right corner. Both notes are otherwise intact with no repairs or significant damage noted. There are three examples of the genuine note in collectors' hands, with another in the Cincinnati Historical Society holdings.
    From The Wendell Wolka Collection


    View all of [The Wendell Wolka Collection ]

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    Auction Info

    Auction Dates
    April, 2014
    23rd-28th Wednesday-Monday
    Internet/Mail Bids: 1
    Lot Tracking Activity: N/A
    Page Views: 88

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