Description

    Delaware, OH- The Bank of Delaware $1 Faded Date
    The Bank of Delaware was the product of the first attempt to establish a bank in the town. As was typical of the times, the organizers issued notes first and then sought a state charter. However, unlike most of its contemporaries, when faced with a refusal by the state legislature to issue such a charter, the organizers, both prominent local citizens, immediately reversed course and redeemed all notes presented for payment. This attractive $1 printed by Abner Reed, was apparently never presented for payment and grades a pleasant Fine with no repairs or damage other than a tiny margin nibble in the upper left corner noted. There are four known examples, with one of those in the collection of the Cincinnati Historical Society. We have only sold one other example of this bank and type which tells us this is quite a rare item.


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    Auction Dates
    February, 2015
    17th-24th Tuesday-Tuesday
    Internet/Mail Bids: 5
    Lot Tracking Activity: N/A
    Page Views: 125

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