||Levenworth, KS - Scott, Kerr & Co. $1 June 1, 1862 KS-48 G2 Whitfield-322. Proof. PCGS Very Choice New 64 Apparent. This is an extremely rare first series proof with the misspelled city name from another rarely encountered Kansas private bank. The Scott family, prominent bankers, would eventually be involved with the formation of Kansas' First National Bank of Leavenworth, the state's initial chartering (#182). Despite the spelling error "Levenworth" at bottom center, this is a beautifully executed India paper proof by the American Banknote Company. Upper left, a large vignette of horses at a trough and men with feed bags. Lower right, Lt. Gen. Winfield Scott. The signature of Lucien Scott is engraved along with a blank line for the cashier. Like the Clark, Gruber & Co. series, we consider this a bank and as such have inserted a Haxby bank number and listing of KS-48 G2. This type was made both as proofs and issued notes; however, the spelling error was corrected for the next plate used to print further issued notes, as seen in next lot. Apparent with "Hinge Remnants on Back; Small Edge Tear at LR" noted. Hole Punch Cancelled as made. Another very interesting proof, and especially so in tandem with the following issued note. Ex: Eric P. Newman Numismatic Education Society.
Realized $3,525.00. Newman VI (Heritage Auctions, 4/2015), lot 19067. Description courtesy of Heritage Auctions.