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    Description

    Richmond, VA- Bank of the Commonwealth $50 July 1, 1861 G18a Jones BR15-41
    An oval portrait of President James Monroe and a vignette of a black mother with her child are the key design elements on this attractive red and black high denomination note printed by ABNCo. This note was intended to be used when the bank was operating as a state authorized Free Bank with the state Treasurer's die and a space for the Treasurer (or perhaps his signer) to sign. You will note on this example that the Treasurer's title and signature line have been neatly ruled out in red ink, indicating that the Bank had begun issuing unregistered notes by mid 1861 (as had other Free Banks in the state). PCGS Very Fine 35PPQ. A rare note, with only one other sale noted in one of our auctions in the last two decades.
    From the Randall Martens Collection


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    Auction Info

    Auction Dates
    September, 2018
    5th-11th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
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