Richmond, MO - Union Bank of Missouri, at their Bank in Richmond $1 July 1, 1861 MO-65 G66a SENC. PCGS Fine 15 Apparent. The Newman Collection has many notes from the Union Bank of Missouri, by far the most ever offered at auction or privately. In addition to the magnificent proofs acquired from D. C. Wismer in 1939 (several sold in Newman Parts VI and VIII), there are five branch-issued notes cataloged here. Union bank formed out of the 1857 Act and was authorized to open branches. The excess of circulation by its six branches, from the $1,500,000 capital authorized, resulted in its liquidation in 1866. At the beginning of the war, the \"Union\" of the bank's title did not represent its nature, as Geo. Penn, the assistant bank commissioner, classified it as one with Southern sympathies. An exceedingly rare branch location, though Haxby reports a $2 note from this unregistered Civil War-dated series (this appears to be the Haxby plate note). A green-tinted note printed from beautiful plates by the American Bank Note Co. Philada. At center is a large oval die, framed in color and outlining ONE over ONE DOLLAR outlined in black. In the color cartouche at left, between two ONE counters, a workman operates a cutting machine. This titled vignette, Breaking Hemp, is American Bank Note Co., No. 144 on known die proofs. At lower right, beneath a \"1\" counter, is the portrait of Florence Nightingale. The wide left end panel containing the vignette cartouche, is enclosed by small green \"1\" dies; the frame is also in green. The imprint is at the bottom. Plate B. No. 1658. The signatures are of Oates as cashier and \"Geo. Harding\" as president. Noted with \"Edge Tears and Tape Repairs; Missing UL Corner Tip.\" A likely unique $1 note from the branch and a rarely seen issued type. Another Missouri rarity that has resided in the Newman Collection for decades and the first time cataloged for sale. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28452, realized $204. Image and description courtesy of Heritage Auctions, https://ha.com.
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