Lot 689: American Exchange Bank, ca.1930's (1831 written in) Proof Obsolete Banknote.
October 25, 2016
Fort Lee, NJ, USALive Auction
Description: New York, $50, Proof, Black on india paper, unmounted, seated allegorical women on left and right counterfoils, sailor with native Americans in center, POC's, the note appears XF-AU with the upper left and right corner tips missing and the 2 of the POC's on the bottom have been torn in the middle, still a scarce proof banknote in any condition. DU-UBS&H. (From the collection of John E. Herzog)