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Description

Boston, MA- Eliot Bank $20-$50-$100-$500 18__ as G12-as G14-as G16-as G20 Uncut Proof Sheet PMG Uncirculated 62.
The Eliot Bank was organized in 1853 and remained in business until 1864 when it was succeeded by the Eliot National Bank of Boston. The layout of this sheet is a bit surprising, since a $500 note is included. For most banks this would be an infrequently used high denomination note. In any case, the $20 features a portrait of Webster flanked by vignettes of a large sailing vessel and Ceres. The $50 has a portrait of John Quincy Adams as well as vignettes of a sailor and mechanic titled UNION at left and an allegorical vignette of Ceres, Hope, and Manufacturing at right. The $100 has vignettes of a Native American male and a steamer, while the $500 has a very interesting vignette of rescuers preparing to fire a life line from a small cannon out to a ship foundering in the surf. The sheet is printed on India paper mounted on cardstock with six POCs in the signature spaces of each note. PMG mentions an as-made paper wrinkle and paper pulls at several of the POCs, the most obvious of which are on the $500 note. There were twelve examples of this sheet in the 1990 ABNCo Archives sale with a number having been subsequently cut.
From The Charles River Collection


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Auction Info

Auction Dates
January, 2026
13th-16th Tuesday-Friday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 1,711

Buyer's Premium per Lot:
22% of the successful bid per lot.

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Sold on Jan 13, 2026 for: $976.00
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