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Description

Choice Mormon Note. 1837 $5 Kirtland Safety Society Bank, Choice VF, A very nice specimen of this famous Mormon Note with strong pen signatures of Joseph Smith, Jr. and Sidney Rigdon. Organized on November 2, 1836, this bank was denied a charter to operate by the Ohio legislature because they had no specie to back their capitalization. Reorganized on January 2, 1837 as the Kirtland Safety Society Anti-Banking Co., this bank went on to issue between $85,000 and $123,088 face value of currency. The "Panic of 1837" and other events caused this bank to fail, and in November of 1837 it's doors were closed. An important piece of early Mormon Americana.

Coin Index Numbers: (PCGS# 13000)

Metal: 75% Copper, 25% Nickel
Weight: 5.67 grams
Weight: 0.15oz


Auction Info

Auction Dates
July, 1994
27th-30th Wednesday-Saturday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 301
Sold on Jul 29, 1994 for: $412.50
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