||Oshkosh, WI - Bank of Oshkosh $3 18__ WI-620 G2. Proof. PCGS Gem New 66PPQ. There were a few banks in Oshkosh emitting notes, but this is the exceedingly rare bank from that location and the oldest in central Wisconsin. It was not a National Bank when the Original Series notes were printed. In 1883, it became the National Bank of Oshkosh (Charter #2877) and issued Brown Backs, now exceedingly rare; it liquidated in 1903 at the charter's expiration. It re-formed as Charter #6604, the Old NB of Oshkosh and issued notes from Red Seals to Small Size, using three titles. Including the Obsolete predecessor, there are five titles for this bank. A very stylishly engraved two-subject plate by Toppan, Carpenter & Co., New-York & Phila. with $3-$5 denominations. Printed on India paper and mounted on cardstock. A curving title is across the top, and below is a hay wagon being loaded. The yoked oxen appear downtrodden. At the far left is the seated allegorical figure, The Arts, and just to her right is a tall gray "3." Hole Punch Cancelled as prepared. Neither we nor Chester L. Krause know of issued notes. The extended period of time between chartering the National Bank would have been ample to redeem everything issued, and perhaps that is what occurred. The only proofs from the title are archived at Madison. This is a Gem and from an Oshkosh bank with a particularly interesting history. Ex: Eric P. Newman Numismatic Education Society.
Realized $1,762.50. Newman VI (Heritage Auctions, 4/2015), lot 19427. Description courtesy of Heritage Auctions.