Auction: 317 - The Collector's Series
Lot: 126
NY. Cazenovia. Bank of Cazenovia. $1. 1862. (NY610-G2b). Arched title. ONE outlined in red at center. State die, left. Danforth Wright imprint - ABN monogram. About Fine, with a few pin holes, three small initials below "BANK," and a short split near the center. SENC.
In 1865 this institution became the National Bank of Cazenovia, which probably redeemed most of the notes. This would account for the high rarity rating of this entire issue.
As a good indication of value, a $20 note from this bank realized more than $2,000 in the October, 2012 Heritage Sale.
A rare opportunity for the advanced New York State collector since every single genuine Cazenovia note listed in Haxby has an SENC designation.
Sold for
$1,200