||Lawrence, KS - Lawrence Bank $2 18__ KS-40 G4a Whitfield-214. Remainder. PCGS Extremely Fine 40PPQ. A riveting beauty from this extremely colorful Kansas series printed using the (George) "Lymen's Protection" and engraved by the American Banknote Company. The Lymen's Protection was used on only very few issues (most often seen on the Detroit's State Bank of Michigan) and, along with the red tint, divided the note into different compartment widths depending on the denomination. In the full red-tinted $2 layout, the note is divided straight in half. In the left compartment, the steamboat Lawrence sails along the bottom half and above, in the white space die, is a description of the protection device. In the right compartment are titles, obligations, and an outlined cursive TWO protector. This is very scarce and a superior example. The bank suffered a fire, among other setbacks, and it is possible that no properly issued notes were emitted. Our experience rates this as a High Rarity-5 (11-25 known) as opposed to the listed Rarity-6 (6-10 known) published in the original Whitfield reference. However, this excellent example is one of the finer we have seen. The margins are close, but complete, and typical for the series. Ex: Eric P. Newman Numismatic Education Society.
Realized $1,292.50. Newman VI (Heritage Auctions, 4/2015), lot 19062. Description courtesy of Heritage Auctions.