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Monroe, MI- Bank of River Raisin $50 18__ G18 Lee MON-3-23 Remainder PMG Very Fine 25.. ...
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Sold on Jul 27, 2025 for:
$361.20
Bid Source: Internet bidder
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Description
Monroe, MI- Bank of River Raisin $50 18__ G18 Lee MON-3-23 Remainder PMG Very Fine 25.The bank was organized in 1832, rather early by Michigan standards, and led an on-again off-again existence. It suspended in 1839 and was revived in 1841 only to close for the second and final time in May 1846 and being subsequently placed in receivership. The $50 depicts an early passenger train at left and a Freeman Rawdon-signed vignette of Mercury presenting coins to an allegorical woman, perhaps representing Moneta seated by a strong box and griffin. A very scarce note that is seldom seen or offered.
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Auction Info
2025 July 27 Summer U.S. Currency Obsolete Banknotes Showcase Auction #62406 (go to Auction Home page)
Auction Dates
July, 2025
27th
Sunday
Internet/Mail Bids: 10
Lot Tracking Activity: N/A
Page Views: 133
Buyer's Premium per Lot:
20% of the successful bid per lot.
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