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Description

Whitehall, NY - $5 1875 Fr. 404 The Merchants National Bank Ch. # 2233 PMG Choice Very Fine 35.
A very attractive First Charter $5, this piece comes from this Whitehall issuer that opened its doors in 1875 and survived the entire note-issuing period. PMG has commented about rust lightened and a minor split, but those trivialities are more than compensated for by the note's bold ink colors and dark pen signatures. As a consolation prize, PMG did add a comment about "Great Color" to the holder of this pretty note.
From The Westchester Collection


More information about New York National Bank Notes.

Estimate: $1,750 - up.

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View Certification Details from PMG

Auction Info

Proxy Bidding Ends 
January
14th Wednesday 10:50 am CT
Auction Dates
January
13th-16th Tuesday-Friday
Proxy Bidding Time Remaining 
1 Day 28m 21s
Bids + Registered Phone Bidders: 0
Lot Tracking Activity: 10
Page Views: 58

Buyer's Premium per Lot:
22% of the successful bid (minimum $29) per lot.

This lot is in: 2 - Heritage Signature® Auctions Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
(Lots 20219-21059) - 11:00 AM Central Time, Wednesday, January 14, 2026.
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]

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Additional Location Info:
Heritage Auctions
2801 W. Airport Freeway
Dallas, TX 75261

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** Lots bearing estimates and without Consignor Reserve shall open at Heritage Auctions' discretion (usually 25% to 60% of the low estimate).

Starting Bid:
$875
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