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Pennsylvania August 6, 1789 3d Bank of North America PMG Choice Uncirculated 64 EPQ....

Lot: 12812, Auction: 2009 September Long Beach, CA Signature CAA Currency Auction #3506

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Ended: Sep 8, 2009
Item Activity: 1 Internet/mail bidders
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Description:

Pennsylvania August 6, 1789 3d Bank of North America PMG Choice Uncirculated 64 EPQ. According to Newman, "Bank of North America Small Change Bills Payable in Specie were issued because of the 'Copper Panic' of July 1789, when circulating copper coin was refused." He goes on to say they were "...printed by Benjamin F. Bache on paper furnished by Benjamin Franklin which had a polychrome or marbled edge on both sides." This three-ninetieths of a dollar note has the bold multihued marbling covering about 75% of its back. A very nice example of one of the most important and historic issues.
From The Midnight Ride Collection

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Previous Prices from Heritage Auctions

Lot Date Realized
Auction 3508, Lot 16050 Monday, January 11, 2010 $201.25
Auction 3506, Lot 12813 Sunday, September 13, 2009 $322.00
Auction 3506, Lot 12814 Sunday, September 13, 2009 $322.00
Auction 3506, Lot 12808 Sunday, September 13, 2009 $431.25
Auction 3506, Lot 12809 Sunday, September 13, 2009 $460.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

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