A blog article by Stack's Bowers Currency Specialist Brad Ciociola discusses a rare and interesting financial paper item.
-Editor
An interesting $5000 color face proof of a Certificate of Deposit drawn on the Bank of America will be featured in our upcoming Stack’s Bowers Official Auction of the Whitman Coin & Collectibles Spring Expo.
The large format proof was produced by Rawdon, Wright, Hatch and Edson of New York in the late 1850s and is printed in black with an intricate full length green underprint. A portrait of George Washington is seen at left while a magnificent vignette of a bald eagle with outstretched wings graces the center. Justice stands at right with scales and a sword. The certificates were intended to represent special deposits in coin held in trust by the New York Clearing House Association and payable to member banks when presented and endorsed.
I've never seen one of these. That is one big-winged eagle.
-Editor
To read the complete article, see:
Impressive Bank of America $5000 Color Face Proof
(www.stacksbowers.com/NewsMedia/Blogs/TabId/780/ArtMID/ 2678/ArticleID/64979/Impressive-Bank-of-America-5000-Color-Face-Proof.aspx)
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Wayne Homren, Editor
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