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    Medina, OH- The Ohio Land Company $1; $3 June 1, 1838 Wolka 1638-04; -08
    There were a number of firms issuing paper money based on real estate security in the Cleveland area. All were uniformly unsuccessful, given the impact of the Panic of 1837 on both banking and real estate values. The Ohio Land Company was in business for only two years or so between 1837 and 1839. These two notes are from the scarcer later series of notes, with the $1 represented by six known examples while the $3 presently has two known examples. The $1 grades Very Good with some small chunks out of the bottom margin and a small fold intersection body hole while the $3 grades a pleasant Fine-Very Fine with sharp corners and margins. This is the first time we have offered the $3 from this institution.
    From The Wendell Wolka Collection

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    Auction Dates
    September, 2014
    3rd-8th Wednesday-Monday
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