St. Louis, Missouri Ty. - Bank of St. Louis (1st) $20 April 8, 1817 MO-45 G28. PCGS Very Fine 35 Apparent. The $20 Bank of St. Louis note is extremely rare. It also has a custom vignette created for this type and the highest-denomination $100. The untitled vignette, \"The Shot Tower at Herculaneum, Missouri\" represents accurately the tower on the limestone bluff. The vignette is especially relevant to the series since Herculaneum was co-founded by bank president Samuel Hammond. It operated from 1809-1820, and manufactured ammunition used in the War of 1812. Printed on red fiber banknote paper by Leney & Rollinson. At top center is the Herculaneum scene, with the tower peeking upwards high above the buildings on the riverbank. The vignette bisects the title with obligations and location below. Finely engraved ends show a moir? pattern at left with TWENTY perpendicular in a cartouche, and shaded pattern at right with \"20\" in an oval. Plate A. No. 644. Signed by John B. N. Smith as cashier and S. Hammond as bank president. Noted with \"Minor Mounting Remnants on Back.\" Like all notes from the bank, these are very rarely offered for sale, and the last issued note was sold in the Western Reserve Historical Society eight-note set in 1996. There was a $20 India paper proof in the 2005 Ford Part VIII sale from the archive book. The $50 and $100 notes from the series are nearly impossible to find, and this is the highest denomination Eric acquired from the bank. Conservatively graded in our opinion, at least based on face appearance. The note looks new at first glance and has complete margins. Historic, artistic, and another exceptional territorial-period banknote. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28358, realized $4560. Image and description courtesy of Heritage Auctions, https://ha.com.
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