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Description

Lovely and Original $7 Proof

Richmond, VA- Farmers Bank of Virginia $7 Design 7B Jones-Littlefield BR25-38 Proof PMG Choice About Unc 58 EPQ.
The Farmers Bank of Virginia was one of the state's large multi-branch institutions that was authorized in 1812 and served the state until after the Civil War, with branches in Alexandria, Blacksburg, Charlottesville, Danville, Farmville, Fredericksburg, Lewisburg, Lynchburg, Norfolk, Petersburg, Winchester, and Wytheville. The bank was destroyed during the fall of Richmond and it was, thereafter, for all intents and purposes out of business. On February 5, 1866, newspapers were reporting that a number of former officers of the Farmers Bank of Virginia were involved with the Planters National Bank of Richmond which had been chartered in January, 1866. This $7 design was intended for use by any branch of the bank and features a vignette of Commerce seated on bales with ships in the distance flanked by another vignette of Commerce standing at left and Ceres standing at right. The note is printed on India paper mounted on an original archive paper sheet with no forms of cancellation present. It is very likely that this note was part of a single sheet of $9-$8-$7-$6 Proofs that appeared as Lot 2003 in the 1990 ABNCo Archives Sale. Furthermore it appears that this and the other three odd denomination Proof notes from this issuer appearing in this auction ($6, $8, and $9) were all part of the same sheet based on the faint transfer images from another sheet that appear on the back each note. Very likely unique in Proof form.
From The Neil A. Chiappa Collection




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Auction Info

Auction Dates
September, 2023
13th-15th Wednesday-Friday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 128

Buyer's Premium per Lot:
20% of the successful bid per lot.

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Sold on Sep 13, 2023 for: $3,840.00
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