||Salt Lake City, UT - Drovers Bank $3 July 1, 1856 UT-5 G6a, Rust 85, Nyholm 142. PCGS Extremely Fine 45 Apparent. The Drovers Bank is a mysterious issue in Utah, but similar looking notes originated in Kansas, also engraved by W. L. Ormsby. This is a Haxby listed bank and has always been a popular series with collectors as the only Obsolete bank listing from Utah. The face is nearly completely filled with a bucolic scene of livestock; titles are at the top and counters in the corners. The security back is orange with three intersecting micro-lettered circles radiating from different centers. This was another of Ormsby's counterfeiting measures. Some patches of foxing are noted as "Minor Stains." Well margined for the series and type. Ex: Eric P. Newman Numismatic Education Society
Realized $305.50. Newman VII (Heritage Auctions, 10/2015), lot 20071. Description courtesy of Heritage Auctions.