St. Louis, MO - Bank of the State of Missouri $10 June 1, 1857 MO-60 G18 SENC. PCGS Very Fine 20. Another extremely rare, genuine note from the home St. Louis bank issued shortly after it was rechartered by the state along with other newly formed banks in 1857. This is an earlier-style Draper, Toppan, Longacre & Co., Phil. & N.Y. printed note reissued with an additional red stamped \"Countersigned & Registered,\" in Gothic, along the top. The signature space for the state banking \"Com'r\" in the right part of the vignette crosses over to the adjacent counter. An interestingly-styled red surcharge stamp at lower has three script initials, CFJ (Claiborne Fox Jackson), beneath the word REISSUED in a shield-shaped cartouche at the lower right. The early 1837-period design features the Zebulon M. Pike, the first steamboat to arrive as far north as St. Louis, via the Mississippi, on August 2, 1817. In the vignette, townspeople gather at the shore to watch the steamboat PIKE sail by. However, the Native American crouching at left (a detail from the Ruins of Jamestown vignette engraved by Rawdon, Wright & Hatch) instead seems to be studying the fellow standing nearby. Ornately framed male portraits, George Rogers Clark at the left and Daniel Boone at the right, appear at the ends between \"X\" counters. The title is across in two lines with the word \"THE\" in black in the top center of the vignette. Plate A. No. 1173. Signed by A. S. Robinson as cashier and James M. Hughes as president of the bank. An amazing genuine survivor that was not redeemed. Geo. Penn signs at upper right as \"ass't\" commissioner. According to state records, only $480 of the bank's circulation was outstanding from the successor-bank liquidation in 1877. The condition is inspiring for a note from this bank and series. An exceptional American Obsolete currency note. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28394, realized $2040. Image and description courtesy of Heritage Auctions, https://ha.com.
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