||Lexington, MS - Consolidated Banking Company of Holmes County $20 Post Note 18__ MS-115 G20 Kraus 20665. Remainder. PCGS Very Fine 30 Apparent. There are many different types of issuers from the tumultuous late 1830s period and this bank, though not sanctioned, certainly behaved as a bank and is listed in Haxby as such. A classic set of vignettes engraved by Rawdon, Wright & Hatch, New York appear on this note that was payable "after date." At the top center are seated Moneta (holding key) and Plenty (known by her cornucopia) with wharf left and steamboat right. At the left is a clipper ship heading west and at the right is an Indian warrior drawing his bow. This has a Rarity-7 listing in the Kraus specialized catalog and is very rare. It appears that the signatures are falsely accomplished, so noted by PCGS, and this is a remainder note. Also, there is "Small Edge Tear at Top Left of Center." Those points are academic, as this is an important note and the rarest Haxby-listed bank from Lexington by far, with most of the demand notes SENC. Ex: Eric P. Newman Numismatic Education Society.
Realized $540.50. Newman VI (Heritage Auctions, 4/2015), lot 19203. Description courtesy of Heritage Auctions.