Milan, MO - Union Bank of Missouri, at their Bank in Milan $10 Nov. 1, 1860 MO-65 UNL. PCGS Fine 15 Apparent. The finale of this exceptional issued branch-note foursome is a listed design in Haxby, but not for the branch location (due to a lack of bank data from the period). However, we believe this is the only issued note of the type, and it is in pleasing condition. It pairs up nicely with the $5 Milan branch note in this sale, and it seems likely that the two have been together for a long time. Like all these earlier series notes, printed by the American Bank Note Company with a fabulous layout featured. Similar to the portrait type, but with Ceres in the oval at center right. Freedom is in a niche at the left, counter surrounds and \"X\" protectors are in vermillion, and a wharf vignette is behind the oval with Ceres. Plate A. No. 1338. Signed by J. B. Oates as cashier and Geo. E. Harding as bank president. Geo. Penn signs as the \"ass't\" bank commissioner at the upper left. Grading notes \"Small Edge Tears; Rust Stains.\" This is a quite a solid note and, like the previous three, likely unique. Conservatively estimated and another first-time offering of an inspiring rarity. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28458, realized $780. Image and description courtesy of Heritage Auctions, https://ha.com.
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