Philadelphia, PA- Mechanics Bank of the City & County of Philadelphia $1 April 15, 1862 G34a Hoober 305-398 PCGS Very Fine...

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Philadelphia, PA- Mechanics Bank of the City & County of Philadelphia $1 April 15, 1862 G34a Hoober 305-398 PCGS Very Fine 25.
This rarely seen type is signed only by the cashier and had no space for a bank president signature as commonly seen. A splendid layout by the American Bank Note Co., Philadelphia uses its great color to contrast the vignettes. The eponymous mechanic's arm is shown at center with forearm raised as it grips a hammer. Green "1" protectors are over textual counters at both sides. Numeric counters are in the upper corners. Henry Clay is at lower left, and at lower right, a young girl whose hair is adorned with grapes and grape leaves. The engraved series date is in the location where the cashier would normally sign. The cashier signed at the lower right. Most were redeemed by the bank or the later National Bank title. PCGS notes Small edge splits, tears, and tape repairs, pinholes at left. Nonetheless, an artistically rendered Obsolete banknote.