MY - Financial Americana - 1802 Notarized Document for Rejected Redemption of Bank of North America, Philadelphia $20 1798 Demand Note. Another intriguing financial history artifact from the Newman Collection. Seldom encountered, especially related to this foundational American bank which, over numerous decades, evolved in the Wachovia group which eventually was acquired by the current Wells Fargo Bank. This original notarized document was hand accomplished on laid paper, 19.5 cm by 31.5 cm. Submitted by Peter Lohra, N.P. (notary public), dated June 10, 1802. A seal is affixed at lower left, and an embossed Federal 25 cents stamp is at upper right. At left is a Bank of North America $20 demand note (Haxby PA-465 C214, Newman page 362) affixed with a tied silk ribbon. The note is Choice Very Fine, but cancelled by the bank with quadruple-penned \"X\" and \"Counterfeit\" across. The document has fold slits, repaired with glassine strips on the back. From the face, this presents beautifully, and the original ribbon and high-grade note are bonuses. Included is Eric's typewritten transcription of the document. An important Philadelphia document with a high-quality currency note. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 29237, realized $1680. Image and description courtesy of Heritage Auctions, https://ha.com.
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