Philadelphia, Pennsylvania. Cashier of the (Second) Bank of the United States. ND (18xx). $5. PCGS Currency Very Choice New 64 Apparent. Proof.(US-2 Not listed). Proofs from the Second Bank are rare and often complex to understand. The so-called Cashier notes were omitted by Haxby which was unfavorable considering they look and smell like banknotes which seems a fair text to get listed in a catalog of banknotes. These order bills on a specific, written in Branch, clearly circulated as bearer instruments. This design is virtually the same as the on Demand notes. Plate M. Printed on India paper, mounted on card. No imprint, style of Underwood, Bald, Spencer & Hufty. Title across center, above, eagle and shield, flanked by white outlined 5 counters on lathe. Identical end panels with FIVE over intersecting lathe dies. Lower right back corner pencil numerals. Some light toning and India paper signature cut-outs that are noted by PCGS Currency as Minor Stains; Cut-Out Cancelled.From our Stacks 52 Collection Part I, June 29, 2010, lot 5779 where it realized $488.75; previously The 52 Collection, purchased privately.
