2640
DC. Washington. The Glory Bank. $5. April 1, 1834. (HT-N13). Very Fine or so.
Currency:USD
Category:Coins & Paper Money
Start Price:1.00 USD
Estimated At:1,000.00 - 2,000.00 USD
SOLD
1,500.00USDto floor+ buyer's premium
This item SOLD at 2006 Dec 13 @ 16:12UTC-05:00 : EST/CDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
<B>DC. </B><I>Washington. </I>The Glory Bank. <B>$5. </B>April 1, 1834. (HT-N13). Burst of glory at the center of the bank title. The printed signatures are ``And. Jackson'' and ``A. Kendall''. Kendall was a member of Jackson's ``Kitchen Cabinet''. This satirical note was issued in opposition to Andrew Jackson's intention to deny the Bank of the United States a third charter. Jackson was firmly convinced that the over expansion of the money supply through the issuance of paper money was a great threat to the long-term prosperity of this country. He also believed that a central bank would have a great deal of political influence. Jackson always listened to opposition arguments and to friendly advice, but once he made up his mind, he was unshakable. Three higher denomination Glory Bank notes appeared in the Ford sales, where an Almost Uncirculated example brought $3,750.
Intimately associated with the Hard Times period, this note is illustrated in Rulau's<i> U. S. Tokens.</i> <B>Very Fine or so.</B>
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Taxes:
| Tax | Rate | Desc. |
| NYST |
8.38% |
NYC Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
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