||Dover, DE - Farmers Bank of the State of Delaware $1 Sept. 24, 1862 DE-15 G50c. PCGS Very Fine 30 Apparent. Delaware, the First State, comprises a small geographical area yielding very few banks issuing Obsolete notes in the 1782-1866 period. The Farmers Bank issued notes from Dover, and also three branches. This rare American Bank Note Co. imprint issued note used earlier Danforth, Wright & Co. vignettes from their repertoire. At the center, under the title, is a farm scene with a man holding a long scythe. The lower left shows a leather-dressing scene. At the lower right, a boy coaxes an unwilling sheep into the river. The red protector ONE is across a crisp, bright note. The Apparent designation is due to "Hinge Repaired Edge Splits" on the back. Ex: Eric P. Newman Numismatic Education Society.
Realized $587.50. Newman VI (Heritage Auctions, 4/2015), lot 19026. Description courtesy of Heritage Auctions.