St. Louis, (M.T.) - Bank of Missouri $1 Aug. 10, 1820 MO-30 G16 SENC. PCGS Very Fine 25 Apparent. The notes from this finely engraved territorial series by Murray, Draper, Fairman & Co. feature an iconic, custom-designed vignette and are signed by the co-founder of St. Louis, Auguste Chouteau. Because of the Chouteau signatures, these are also of interest to historical autograph collectors. The vignette befitted St. Louis's paramount role in American commerce during this period. Thomas Jefferson's bust on the banks of the Mississippi is a strong symbol of his role in obtaining the Louisiana Purchase lands from which the Missouri Territory was apportioned in 1812 (when Louisiana achieved statehood). Printed from beautifully crafted plates on red fiber banknote paper, similar to that used by the Bank of St. Louis. All show a common main vignette with a bust of Jefferson on a pedestal and a capped liberty pole behind. The name \"Jefferson\" is arced above. Barrels, crates, sacks, bales, and beehives are at the shore (Eric refers to them in his note descriptions as \"merchandise\"). Four ships are at sail in the background. At the horizon are mountain peaks and the radiant sun rising. Numeric counters are at each side, and intricate end panels typical of the imprint show perpendicular cartouches, with the denomination \"ONE\" at the left and \"MISSOURI\" at the right. Plate A. No. 5723. Signed by Louis Bonpart as cashier and Aug. Chouteau as bank president. This is a late-dated note from the bank. Bonpart, the first clerk of the bank, eventually assumed the important cashier's role, though close to the time the bank failed. Noted with \"Mounting Remnants on Back; Small Edge Nicks.\" The $1 notes are difficult to find in choice condition and overall are much rarer than $5 and $10 notes from the bank. Signatures are beautiful and details are sharp. The finest example of this type from the Newman Collection. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 28362, realized $1020. Image and description courtesy of Heritage Auctions, https://ha.com.
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