Description

    Rare $100 Kirtland Example

    Kirtland, OH- The Kirtland Safety Society Bank $100 March 9, 1837 G18 Wolka 1424-18 Rust 11
    The Kirtland Safety Society Bank was organized in 1836-37 by Mormon leaders. Representatives were sent simultaneously to Philadelphia to arrange for note production and to Columbus, OH to obtain a charter from the state legislature. The Philadelphia trip went well; the Columbus trip did not. The state refused to grant a charter to the bank and the state instituted a civil suit when the bank moved forward without one. The bank was finally forced to close in November 1837. These high denomination notes were probably issued to combat the increasing discount which the bank's notes were quoted at as its troubles became public knowledge. The $100 denomination is much scarcer than the lower values on this short-lived Mormon bank and features a large central vignette of the signing of the Declaration of Independence. PCGS Apparent Very Fine 25, with some very trivial edge damage at the top left.


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    Auction Dates
    January, 2014
    8th-13th Wednesday-Monday
    Bids + Registered Phone Bidders: 1
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