Description

    Portsmouth, OH- Commercial Bank of Scioto $3 G22 Wolka 2257-09 Proof
    One of Ohio's "Lazarus Banks," this institution was organized in 1817 but failed in 1820, went into a period of inactivity from that year until 1829 when it "arose from the dead," and then continued in business until December, 1842, mere days before its charter was set to expire. Somehow, in spite of having virtually no assets, the bank managed to pay off most of its creditors by 1844. PMG grades this classic format Draper Underwood Bald & Spencer design Uncirculated 62. Mounted on cardstock.


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    Auction Dates
    Apr-May, 2017
    26th-2nd Wednesday-Tuesday
    Internet/Mail Bids: 2
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