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1854-55 $1 Indiana Muncie Delaware C. Bank Obsolete PMG VG10 Rare Note

Muncie, IN - Delaware County Bank $1 Dec. 4, 1854 IN-445 G2a SENC, WVS 554-1. PMG VG10 This is a great rarity, and with Indiana notes collected and researched carefully for many decades, a discovery from the state is always fascinating. Only referenced as a proof in Wolka's book, and only one issued $10 note is listed in Haxby, but without an illustration. Finely styled by Toppan, Carpenter, Casilear & Co. The Native American princess as America is seated on the shore with eagle and shield at the upper left. A tall, ornate gray "1" is at right center, and a girl's portrait is at the lower right. There are two state signatures on the note, but no Auditor's die, which is interesting. The bank was in business only two years. And the remaining funds left with the state for redemption by the bank were exhausted, leaving $709 in circulation still outstanding. The grade is less than stellar, but the rarity is immense. Check out all the great US Coins, Paper Money, Ancients, World and Exonumia at Sarasota Numismatics. We are happy to answer any questions about this or anything in our vast inventory.

In stock

SKU
1860119002
  $450.00

Description / 1854-55 $1 Indiana Muncie Delaware C. Bank Obsolete PMG VG10 Rare Note

Muncie, IN - Delaware County Bank $1 Dec. 4, 1854 IN-445 G2a SENC, WVS 554-1. PMG VG10 This is a great rarity, and with Indiana notes collected and researched carefully for many decades, a discovery from the state is always fascinating. Only referenced as a proof in Wolka's book, and only one issued $10 note is listed in Haxby, but without an illustration. Finely styled by Toppan, Carpenter, Casilear & Co. The Native American princess as America is seated on the shore with eagle and shield at the upper left. A tall, ornate gray "1" is at right center, and a girl's portrait is at the lower right. There are two state signatures on the note, but no Auditor's die, which is interesting. The bank was in business only two years. And the remaining funds left with the state for redemption by the bank were exhausted, leaving $709 in circulation still outstanding. The grade is less than stellar, but the rarity is immense. Check out all the great US Coins, Paper Money, Ancients, World and Exonumia at Sarasota Numismatics. We are happy to answer any questions about this or anything in our vast inventory.

More Information

Friedberg Number IN445G2a
Grading Service PMG
Denomination Type Obsolete Note
Year of Issue 1854
Grade VG10
Circ/UnCirc Circulated
State Code N/A
Currency Designation N/A