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    Description

    Newark, NJ- Mechanics Bank at Newark $1 18__ as G4 Wait 1416 Proof PMG Uncirculated 62.
    The bank was incorporated in 1861 and remained in business until 1865 when it became the Mechanics National Bank of Newark. The main vignette is apparently an allegorical representation of Mechanics seated. The note is printed on India paper with the usual POCs in the signature lines. PMG notes a short internal body tear in the lower left counter that is camouflaged quite well by the printed design. Two examples of this design appeared in the 1990 ABNCo Archives sale. This example is not from that sale and is one of four notes known at present.


    Auction Info

    Auction Dates
    March, 2020
    1st Sunday
    Internet/Mail Bids: 6
    Lot Tracking Activity: N/A
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