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Stack’s Bowers and Ponterio   |   The August 2018 ANA Auction   |   23 August 2018 Sort by Lot-NumberSort by Estimate
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Session 4, Lot 2062

Estimate: 1'500 USD   |   Starting price: 900 USD Price realized: 3'120 USD
Choice Original Series Selma $5

Selma, Alabama. $5 Original. Friedberg 399 (W-683). The City NB. Charter #1736. PCGS Currency Choice New 63.
This Selma, Alabama charter has long provided collectors with beautiful high grade examples of Original Series $5 national banknotes. The presently offered note fits that description and is darkly printed on bright white paper. Well signed bank officers' signatures are seen at the lower left and right, while a bold cherry red spiked Treasury Seal is featured right of center. The highly detailed back design features an intricate vignette "Landing of Columbus" based on a painting by John Vanderlyn. The grading service mentions minor mounting remnants on back (which could probably be removed by careful conservation).

The City National Bank

The City National Bank of Selma was chartered in November 1870 with an authorized capital of $300,000. The first president was James Isbell and the founding cashier was J.W. Love. In late 1872 William P. Armstrong succeeded Isbell as president. In 1888 Albert G. Parris was cashier. Later, he was president of the bank.

PCGS Population: 1; 2 finer.
From Bowers and Merena's sale of July 2004, lot 1233.

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