Description

Apalachicola, FL- Exchange & Banking Co. of Apalachicola $1 Dec. 20, 1841 G2 Benice 27 Remainder PMG Choice About Unc 58.
According to several sources, this was a fictitious bank whose sole purpose was to place its worthless notes in circulation. The note features Ceres seated at center flanked by Hope at left and a vignette of a bull’s head at right with a small sailing ship at bottom center. A very scarce note.