DescriptionDayton, OH- The Bank of the Dayton Manufacturing Company 12-1/2¢; 25¢; 50¢ (2) 1816-17 Wolka 0981-04; -06; -07; -08
This firm was the first bank organized in Dayton, dating from 1814. The bank's first loan for $11,120 was made to the United States government to assist in prosecuting the war against Great Britain. The bank ceased active operation, aside from redeeming notes, between 1825 and 1831. In 1833, it became the Dayton Bank and remained in business until its charter expired in 1843. All four notes are heavily circulated, grading anywhere from Fair to Good. They have their fair share of tears, missing pieces, holes and other indignities that come with these humble grades, but are excessively rare. The 12-1/2¢ note has two known examples, including one in the Cincinnati Historical Society, the 25¢ note is presently believed to be unique, and the 50¢ notes are each represented by two examples in private hands. These are not really pretty, but then you may not see another for years, if ever again.
From The Wendell Wolka Collection (Total: 4 notes)
Estimate: $300 - $400.
View all of [The Wendell Wolka Collection ]
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