$1 Proof

Bank of Prairie Du Chien


PMG Choice Uncirculated 63 EPQ
The bank opened in 1856 and suspended operations for awhile until reopening in 1862, then finally closed its doors in 1867. The note depicts a steamboat with PRAIRIE DU CHIEN AND ST PAUL on the paddle housing, flanked by the state free banking die at left and a vignette of a Native American hunter or warrior standing on a bluff at right. A small passenger train vignette and large red ONE protector appear at center. Mounted on cardstock. This example was the top note from an uncut sheet which was very recently cut as evidenced by the telltale diagnostic tape and card wrinkling on the cardstock. The four subject sheet crossed the auction block for $9,000 in the 2021 Long Beach Expo Currency Signature Auction. Quite rare.