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    Description

    Salem, MA- Merchants Bank $10 18__ as G94 Proof PMG Choice Uncirculated 64.
    The bank was chartered in 1811 and remained in business until 1865 when it became the Merchants National Bank of Salem. This design features a Native American maiden seated by a federal shield with a number of allegorical symbols at her feet, She is flanked by four cameo-like medallion heads, a common and effective counterfeit deterrent. The note is printed on India paper with no POCs or other cancellation means present. There were four examples of this design that were part of the ABNCo Archives holdings in 1990.


    Auction Info

    Bidding Begins Approx.
    June
    1st Monday
    Auction Dates
    June
    28th Sunday
    Proxy Bidding Begins Approx.
    4 Days
    Internet/Mail Bids: N/A
    Lot Tracking Activity: N/A
    Page Views: 21
    Auction Type
    Signature®: Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 24 hours before the live session begins and continues through the session. Check the Time Remaining on individual lots for details. After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)
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