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    Description

    Philippi, VA- Bank of Philippi $50 Mar. 15, 185? G8a J-L BP40-30 PMG Very Good 10 Net.
    The design for this $50 was predicated on the bank operating as a free bank, which it did from 1853 to 1860-61 or so. The state treasurer die and countersignature appear at left, complementing a large vignette of Liberty and Justice seated by a large federal shield at center and a Small vignette of a child with a dove at right. The note also has two red protectors and red security panel that covers the bottom half of the note. The number of surviving examples is around 2-4 notes. This marks the first time that we have been able to offer the registered (free bank) variety of the $50. PMG notes a large horizontal split, a couple of tape repairs, and some small pieces added. The note faces up well and on a note of this rarity perhaps these minor distractions do not matter all that much anyway.
    From the Aberon Collection of Virginia Obsolete Banknotes


    Auction Info

    Auction Dates
    July, 2020
    31st Friday
    Internet/Mail Bids: 13
    Lot Tracking Activity: N/A
    Page Views: 98

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