USD 400 - 600
Tiffin, Ohio. Ohio Savings Institute. 1850s $5. PMG Choice About Uncirculated 58. Proof. Wolka 2529-07. Proof. Six POCs. Printed on India paper and mounted on cardstock. A fraudulent bank. The notes state that the concern was chartered in 1850, the truth is that it was founded more like five years later. John G. Breslin, the Ohio State Treasurer who embezzled hundreds of thousands of dollars from the state, deposited $12,000 in state funds with this institution nine months after its fraudulent nature was exposed. PMG mentions "Tears" on this rather scarce proof.