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    Description

    Pennsylvania August 6, 1789 Bank of North America $1/90 PMG Choice About Unc 58. Another example of this very popular note printed by Ben Franklin's grandson. This Gem-appearing piece is from plate F. Published in 1874, J.W. Schuckers' book, A Brief Account of the Finances and Paper Money of the Revolutionary War, included the following information regarding the bank and Robert Morris on page 98, "A project to which Mr. Morris attached pre-eminent importance was the erection of a bank. In this the busy, vigorous and capacious mind of Alexander Hamilton was deeply concerned. Of course there was opposition to it; in good truth, there was opposition to pretty much everything Morris undertook to do, though nobody proposed to do better; but his wishes prevailed. Congress, in May 1781, authorized the erection of a bank, and in December passed a formal act incorporating it 'for ever,' under the name and style of The President, Directors and Company of the Bank of North America."
    From The Midnight Ride Collection


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    Auction Dates
    September, 2009
    8th-13th Tuesday-Sunday
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