$1 1862 The Bank of Germantown - Philadelphia, Pennsylvania PMG 20


Kagin’s Presents the FAMOUS AND ISSUED - RARE POLAR BEAR NOTE – one of the most desirable obsolete bank notes extant! Highly regarded for its dramatic sea adventure motif, this note depicts a scene of terror as a fierce polar bear attempts to board a small vessel containing a group of fur clad seal hunters. In the background is the mother ship, too far away to render immediate assistance. Further research will reveal that PMG has only graded eight examples with the finest known in a VF 35 holder. In addition, this is the rarer variety being that this note was fully signed and issued, as opposed to the unsigned remainders found on the green tinted, $3 The Continental Bank of Boston, Massachusetts note. With such a few examples to choose from and no Uncirculated notes known, securing this example for your collection will likely turn out to be a decision well made.  Listed as #24 in the 100 Greatest American Currency Notes by Q. David Bowers and David M. Sundman

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Grading Service PMG
Denomination Type Obsolete Note
Is on Sale No
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