NY-177*

$5 Proof

Queen City Bank, Buffalo

1850s

The Queen City Bank was organized in 1853 but quickly suspended the following year, probably thanks to the Panic of 1854. The $5 design has an interesting corner vignette of two sailors and a woman in a dinghy. The woman appears to be looking through a telescope. One of the bank note company’s trademark anti-tampering devices appears at right. Patented by Cyrus Durand originally, the number of engraved bands was equal to the denomination of the note.
Rare – we are aware of only two others.