||Salt Lake City, U.T. - Drovers Bank $2 July 1, 1856 UT-5 G4a Rust 84 Nyholm 141. PCGS Choice New 63. The Drovers Bank is a mysterious issue in Utah, but similar looking notes originated in Kansas, also engraved by W. L. Ormsby. This is a Haxby listed bank and has always been a popular series with collectors as the only Obsolete bank listing from Utah. The face is nearly completely filled with a scene of cattle and sheep; titles are at top and counters in the corners. The security back is orange with two intersecting micro-lettered circles radiating from different centers. This was another of Ormsby's counterfeiting measures. There is a small pencil code on the lower right corner on the back. A distinctive and popular note type, in demand by all currency collectors. Ex: Eric P. Newman Numismatic Education Society.
Realized $1,175.00. Newman VI (Heritage Auctions, 4/2015), lot 19368. Description courtesy of Heritage Auctions.