St. Louis, MO- Cashier of the Bank of the United States (the Second) $5 Office of Discount and Deposit Contemporary Counterfeit May 3, 1829 US-2 UNL. PCGS Very Good 10 Apparent. A very rare note whose condition faults can be forgiven. The St. Louis branch of the Second Bank of the United States opened in 1829. It was short-lived, though during its five years of existence (until Andrew Jackson voted against its rechartering) it helped greatly with local banking needs until the Bank of the State of Missouri was chartered in 1837. There are no genuine demand notes known to us. This is a very scarce contemporary counterfeit branch \"cashier of\" note that imitates the Murray, Draper, Fairman & Co. engraved plate. Standard style for the type. An eagle, perched on a shield, hovers above the ocean at top center. The intricate panels used by this engraver have small portraits; their lack of details clearly indicates the spurious printing nature. The obligation is across and \"St. Louis\" is handwritten. Plate A. No. 11346. Noted with \"Edge and Internal Tears; Minor Damage; Missing LR Corner; Tape on Back.\" A very rare branch location and not often encountered in any grade. The Newman notes from this branch are the first we have cataloged. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 29484, realized $111. Image and description courtesy of Heritage Auctions, https://ha.com.
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