||Kirtland, OH - Kirtland Safety Society Bank $20 Mar. 9, 1837 OH-245 G12 Wolka 1424-14 Rust 9. PCGS Extremely Fine 40PPQ. A choice $20 Kirtland and much scarcer than the lower denominations. These were printed on an oddly configured $20A-$10A two-subject sheet engraved at Underwood, Bald, Spencer & Hufty, N. York & Philad. from the original plate order (see Nyholm, Fig. 16 and 1990 ABN Sale, Lot 1463). At the top is seated Agriculture between Commerce and Knowledge. Flanking each die are cameo profile counters with "20." Identical ends have an inset standing farmer in an oval with "20" counters in each corner. Showing the secretarial signature of J. Smith, Jr. and S. Rigdon. Very scarce, and estimates of about 50 notes surviving today seem supported by Nyholm's more detailed research, census data and expansion from the earlier Alvin E. Rust work (Mormon and Utah Coin and Currency) along with the research in October 2004's Stack's John J. Ford, Jr. Part VI catalog. This is a premium example, as a PPQ note should be. These can be difficult to obtain and auction records in the past decade have fluctuated, sometimes crossing the five-figure level for the highest grade examples. This is another superb candidate for an impressive looking denomination set and it looks the part of a Choice New note at first glance. Ex: Eric P. Newman Numismatic Education Society.
Realized $6,462.50. Newman VI (Heritage Auctions, 4/2015), lot 19293. Description courtesy of Heritage Auctions.