$3 Proof

Bank of Quincy


PMG Choice Uncirculated 63, Proof
The Bank of Quincy opened as a free bank in 1856 and failed with a host of its brethren, when southern state bond prices collapsed at the beginning of the Civil War. This $3 depicts a wonderfully detailed dock scene, the state auditor die, and a group of sheep. PMG, noting the telltale hinge remnants on the left and right margins, indicates that the note has been previously mounted. This also suggests a strong possibility that this note traces its provenance back to D.C. Wismer in the 1930s. Neither this bank nor this denomination were represented in the 1990 ABNCo Archives sale. One of only a couple of examples known.