||(Salt Lake City, U.T.) - Reissued Kirtland Safety Society Bank $5 Mar. 8, 1837 OH-245 G8 Rust 70. PCGS Very Fine 25. The $5 Reissued Kirtland notes are Obsolete classics and are the most available, especially compared with the lesser denomination notes. The host "B" position note was printed from the plate originally engraved by Underwood, Bald, Spencer & Hufty, N. York & Philad. It shows the standard $5 design used for the other Kirtland series. At top center is a woodsman seated on log, patting his dog. Left-facing cameo heads with "5" flank the vignette. Identical ends show a boy carrying a shovel on his shoulder in an oval. In the corners above are "V" dies and below, "5" dies. Original secretarial signature of J. Smith, Jr. at left and S. Rigdon, obliterated by the Kimball signature due to his excommunicated status. The embossed Seal of the Twelve Apostles is visible, especially from the back. Reissued with countersignatures at Salt Lake City by N. K. Whitney, Brigham Young and Heber C. Kimball, as stated, on top of the earlier Rigdon signature. At the upper left is "TB," Thomas Bullock's initials, just under the serial number. A pleasing example of the most available Reissued note. There were 135 reissued $5 notes and perhaps a little over one-third still exist. The signatures are excellent on this example and hosted on a well-bodied note with a visible Apostle's Seal. Traditionally, these have approached the $10,000 level in recent years. A superior pedigree and lovely eye appeal. Ex: Eric P. Newman Numismatic Education Society.
Realized $7,050.00. Newman VI (Heritage Auctions, 4/2015), lot 19352. Description courtesy of Heritage Auctions.