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    Description

    The King of State Bank of Ohio Notes

    Delaware, OH- The State Bank of Ohio, Delaware County Branch $50 Jan. 1, 1846 G662 Wolka 1027-40
    The $50 is considered by many to be the crown jewel of all State Bank of Ohio issues. The denomination proved to be too big for use in everyday business and very few were issued. When the branches began to wind up their affairs in the 1860s, most high denominations were, naturally enough, turned in for redemption. The $50 is excessively rare, with three circulated examples reported along with a proof (which we sold in our 2013 Long Beach Signature Auction for $3,055). Of the three circulated notes reported, one from the Piqua branch was last seen in a magazine article forty years ago and the second example from the Dayton branch was reported in Haxby but has not been physically verified or located. That leaves this note from the Delaware County Branch as the only example which is likely to be available any time soon. PCGS grades this note Apparent Very Fine 25 due to a couple small blue ink stains on the face. For a note of this great rarity, these will not impact its desirability.
    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
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
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