LOT #95008 |
Current Bid: $1
Mobile, AL- Mechanics' Aid Association at Deposit Bank $5 June 19, 1862 Gunther-Derby AO-324-$5b PMG Very Fine 25.
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Description
Mobile, AL- Mechanics' Aid Association at Deposit Bank $5 June 19, 1862 Gunther-Derby AO-324-$5b PMG Very Fine 25.From newspaper notices, it appears that the Mechanics Aid Association was incorporated circa 1860. Beyond that there is little information to be found on the association. The signer, George Steele, was listed with what could be considered as mechanic skills, as a tinsmith in the 1860 federal census for Mobile, so your cataloger will hazard an educated guess that the Association was probably some type of a social/benevolent organization, supporting the mechanics of the area. Payable at the Deposit Bank, the $5 has a rather plain design printed on gray paper with simple end panels.
From The Jerry Loegler Collection
Estimate: $100 - up.
View Certification Details from PMG
Auction Info
2025 October 19 Fall U.S. Currency Obsolete Banknotes Showcase Auction #62418 (go to Auction Home page)
Proxy Bidding Ends
October
19th
Sunday
5:50 pm CT
Auction Dates
October
19th
Sunday
Proxy Bidding Time Remaining
16 Days
14h 37m 5s
Internet/Mail Bids: 1
Lot Tracking Activity: 4
Page Views: 32
Buyer's Premium per Lot:
20% of the successful bid (minimum $29) per lot.
This lot is in: 1 -
Currency Session
(Lots 95001-95642) - 6:00 PM Central Time, Sunday, October 19, 2025.
[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.]
Additional Location Info:
Heritage Auctions
2801 W. Airport Freeway
Dallas, TX 75261
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