(NEW YORK CITY) First Report of the Bank for Savings in the

Sale 2615 - Lot 211

Price Realized: $ 344

?Final Price Realized includes Buyer’s Premium added to Hammer Price

Estimate: $ 500 - $ 750

(NEW YORK CITY.) First Report of the Bank for Savings in the City of New York. 13 pages. 8vo, stitched; foxing, moderate dampstaining; uncut. New York, 1820

Set Alert for Similar Items

Additional Details

The Bank for Savings in the City of New-York was established in 1819 as New York's first savings bank, advertised as a "bank for the poor." It remained in operation through 1991. This report sets forth the bank's aspirations to care for the finances of tavern-keepers, seamen, clergymen, and other New Yorkers of modest means. It is signed in type by bank president William Bayard Jr., a close associate of Alexander Hamilton. None traced at auction since 1921, when Anderson Galleries described it as "extremely rare." Shaw & Shoemaker 216.