||Germantown, PA - Bank of Germantown in the City & County of Philadelphia $2 January 15, 1862 PA-150 G16a Hoober 305-15. PCGS Very Fine 25 Apparent. A second denomination from the late American Bank Note Company imprint series, and much rarer than the $1 notes. This is the first we have catalogued and a type that is missing from most advanced collections; it has eluded us in our survey of many major auction sales. The type was not in the 1990 Memphis NASCA-Smythe Pennsylvania collection, formed over fifty years from the core notes of Paul Seitz and Les Bortner. The layout is beautiful, with the central vignette of cattle munching at a haystack as crows scavenge nearby. At the lower left is The Calmady Children as adapted from Sir Thomas Lawrence's famous painting. At the lower right is Winfield Scott. Apparent with noted "Stains; Small Edge Splits" that are minor considerations. Very Rare type and a "sleeper" compared with its more famous $1 Polar Bear sibling. Ex: Eric P. Newman Numismatic Education Society.
Realized $2,820.00. Newman VI (Heritage Auctions, 4/2015), lot 19300. Description courtesy of Heritage Auctions.