Canada Hamilton, ON- Bank of Hamilton $5 1.3.1887 Ch.# 345-12-02 PMG Very Fine 20. Sometimes, a banknote of such rarity presents itself that it can really makes ripples throughout the hobby. Offered here is a previously unknown note in issued form. As such, it will generate serious excitement among dedicated Canadian collectors. The 7th edition of A Charlton Standard Catalog - Canadian Banknotes describes this design as "no known issued notes." There are no known sales of this type in any format. Interestingly, this note is dated March of 1887, and a totally different design for the same issue is known, which dates December of 1887. Therefore, this type must have had a short issuance, which is evidenced by the small serial number on this note. Despite circulation, all design elements are bright and clear, which includes the manuscript signature at left. Curiously, the handwritten and stamped signature appear to be that of the same person - John Stuart. It appears that during this era, Stuart was both the bank president and either its main cashier or one of the cashiers that signed the banknotes, which is quite an anomaly. An outstanding offering for the auction, this is one of the most impressive and unique banknotes we have ever had the privledge to offer.

HID09801242017

© 2020 Heritage Auctions | All Rights Reserved

To the auctioneer's website