Palmyra, MO - Bank of the State of Missouri, Bank in Palmyra $2 July 1, 1861 MO-60 G210 SENC. PCGS Very Good 8 Apparent. Though this issued Bank of the State of Missouri unregistered Civil War-series $2 is deficient in condition, it is extremely rare. Palmyra, the seat of Marion County, was one of the original four branches of the \"Old Bank\" established in 1837. This is Haxby design style 2Aa for the series. A classic riverboat scene is at top center between denomination dies and above the title. The state seal is at lower left, the imprint of the American Bank Note Co. New York is at bottom center, and a dog and safe vignette is at lower right. Plate A. The serial number is faded. The A. S. Robinson and R. A. Barnes signatures are visible, but blurry. Grading notes \"Edge Damage; Small Holes; Tape on Back.\" This has been in the Newman Collection for decades, and Eric interestingly referred to its condition as \"Decayed,\" an accurate expression not used in modern paper money grading terminology. All Palmyra bank issues from the series are SENC, so this might be unique for the branch and type. Ex: Eric P. Newman Numismatic Education Society\n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 29407, realized $94. Image and description courtesy of Heritage Auctions, https://ha.com.
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