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Incredibly Popular Odd Denomination $9 Monticello Bank Rarity

Charlottesville, VA- Monticello Bank $9 July 1, 1861 G19a PMG Very Fine 20.
The Monticello Bank was established on March 22, 1853, under Virginia's Free Banking Law. A successful period of operations followed, and in 1865, this concern shuttered its doors to make way for the Charlottesville National Bank, charter 1468. Well-known amongst the collecting community for its eye-catching, colorful notes, this institution also emitted several odd denomination examples in the form of $6, $7, $8, and $9 notes. This $9, produced by Danforth, Wright & Co., is a marvelous representative of an excessively rare type. At left, Proserpina clutches a cornucopia, at center, livestock drink from a pond under the watchful eyes of several farmers, and at right, Virtus stands over her fallen enemy in an illustration of the Virginia state seal. A large, ornate red "NINE" overprint is observed at lower center. While we have offered a small number of $6s and $7s over the past half decade, a $9 from this organization has not crossed our auction block since July 2020, when a PMG 15 certified piece brought $9,000. Prior to that offering, we had only auctioned one other representative of this design and denomination, a PCGS Apparent VF 20 graded note which fetched $8,225. Based on these realizations, we will estimate quite conservatively, but we could very well see spirited bidding which will propel this example's price beyond our evaluation. PMG comments on several inconsequential annotations and pinholes.


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Auction Info

Auction Dates
January, 2026
13th-16th Tuesday-Friday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 208

Buyer's Premium per Lot:
22% of the successful bid per lot.

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Sold on Jan 13, 2026 for: $5,612.00
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