||Lawrence, KS - Simpson Brothers Bank $1 Aug. 2, 186_ Whitfield-252. Remainder. PCGS Choice About New 58PPQ. The Midwestern states had several rare family-operated private banks, often not listed in the Haxby reference despite clearly acting as banking concerns. The three Simpson brothers continued banking until shortly after this Civil War note was produced. This Remainder note was intended for issue in the legal Obsolete banknote issuing period prior to the United States tax on the banks in 1866 and the creation of the National Banking system. Lithographed by T. Groom Stationers, Boston. Center, under the Gothic title, a wharf vignette showing a steamboat and a train being loaded. At left end, Union as adapted from the American Banknote Company. At lower right, Daniel Webster; red protector ONE across. Only the faintest handling is seen on this wide-margined note. Extremely rare, a Rarity-7 type; the only example we have cataloged. This is more than worthy of inclusion in future Obsolete banknote references as a bank. Ex: Eric P. Newman Numismatic Education Society.
Realized $763.75. Newman VI (Heritage Auctions, 4/2015), lot 19065. Description courtesy of Heritage Auctions.