Description

    Kirtland, OH- The Kirtland Safety Society Bank $1 March 9, 1837 G2 Wolka 1424-02 Rust 4
    A move to organize this bank was launched in 1836, with representatives sent to both Columbus to obtain a charter and Philadelphia to obtain printing plates. The Philadelphia contingent was more successful than the Columbus group, resulting in having plenty of notes but no charter. The organizers pressed on without a charter in January 1837 but were charged with organizing an illegal bank by state authorities. This legal wrangling plus the Panic of 1837 finally put an end to the bank in November, 1837. It is estimated that the bank floated over $125,000 in circulation before it closed.
    The $1, which features a sheep shearing vignette, is graded Very Fine 35 by PCGS.


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    Auction Dates
    January, 2015
    7th-12th Wednesday-Monday
    Bids + Registered Phone Bidders: 1
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