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Pittsburgh,
Pennsylvania in PMG Choice Extremely Fine 45 grade.
Track and Price’s census reports this $50 as the earliest and the only first charter note from this
Allegheny County issuing bank. First charter fifties have always been heralded rarities, with only 103 documented in the
National Banknote Census. Only 14 are listed as XF or better, and two of those are in museums. The majority of the remaining 12 have limited auction histories and just one other example even has a picture in the database.
The note displays art-like appeal and intricate details which are typical of the era. One would almost want to frame this piece and display it as art given the Americana motifs. At left is a highly detailed design of