Kentucky Obsolete Currency Cumberland Bank of Burksville 1818

Kentucky

$650.00 
SKU: KY Cumberland Bank 389

A One Dollar Obsolete Note on the Cumberland Bank of Burksville in Kentucky. This wildcat bank currency was issued on December 28, 1818 and the condition is Fine with some staining. In the book on Kentucky Obsolete Money by Earl Hughes this note is categorized as KY #90 and it is listed as being an R7 on the rarity scale. This is the rarest of Kentucky Money as this means it is estimated that only between 1 to 5 of these bills still exist. The Cumberland Bank was incorporated in 1818 and failed shortly thereafter, so not only is this particular note extremely rare, all that were issued by this Wildcat bank are in the same rarity scale. It might be a long time before you will come across another of these. The picture shows the actual One Dollar Obsolete Note on the Cumberland Bank of Burksville in Kentucky that is for sale at Brandywine General Store.

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