||Proctorsville, VT - Black River Bank $2 May 1, 1847 VT-185 G4 Coulter 2. PCGS Very Fine 35. A very scarce Vermont bank and type, well designed and engraved by the dual imprint Danforth, Spencer & Hufty, New-York/Spencer, Hufty & Danforth, Philad. At the top is a energetic hay loading scene. At the left is classic standing Justice. At the lower right is seated Liberty. The cashier has not signed the note. The cashier was the authority and generally had the largest financial stake or stock position in a bank then, and the presidency was a symbolic, honorary role. This problem-free example has strong paper body. Ex: Eric P. Newman Numismatic Education Society.
Realized $352.50. Newman VI (Heritage Auctions, 4/2015), lot 19373. Description courtesy of Heritage Auctions.