||Kirtland, OH - Kirtland Safety Society Bank $50 Mar. 9, 1837 OH-245 G16 Wolka 1424-16 Rust 10. PCGS Very Fine 30PPQ. The $50 Kirtland notes are also much scarcer than the lower denomination notes and traditionally more valuable. This is printed from the highest denomination, $50A-$100A, two-subject plate engraved by Underwood, Bald, Spencer & Hufty, N. York & Philad. The vignette of a drover with his mixed breed herd, at top center, is flanked by cameo heads facing left; the title is split with arced KIRTLAND above and SAFETY SOCIETY BANK across. The ends are simple and identical showing a perpendicular arrangement with a cameo head in center and corners with "50" numerals on shaded blocks. The secretarial signature of J. Smith, Jr. with that of S. Rigdon is the most often encountered combination on Kirtland notes, especially for the higher denominations. These are very scarce and experts consider 40-50 probably survive at this time. Auction records over the past decade have been consistently high and often approach five figures. This is very similar to a Very Fine 30PPQ example we sold in our 2010 ANA Sale for $9,200. A well margined and appealing note that is attractively homogenous in eye appeal with the other Kirtland notes in this offering. Ex: Eric P. Newman Numismatic Education Society.
Realized $7,637.50. Newman VI (Heritage Auctions, 4/2015), lot 19294. Description courtesy of Heritage Auctions.