Nantucket, MA- Phoenix Bank $2 18__ G16 Remainder PCGS Banknote About Unc 55. The bank was chartered in June 1812...
Click the image to load the highest resolution version.
Auction Preview: Preview items may not have yet been properly described or vetted, and items are posted as soon as they have a description or a picture. We are continuing to add and correct information as we approach the auction posting date, so check back here often and Contact us with any comments or suggestions.
Consign your material to be auctioned alongside these items on Tuesday, June 2, 2026 in Dallas, TX. Consignment Deadline for this auction is Thursday, May 21, 2026.
Track Item
Share this lot
Description
Nantucket, MA- Phoenix Bank $2 18__ G16 Remainder PCGS Banknote About Unc 55.The bank was chartered in June 1812 and remained in business until circa 1837. By 1841-42, the bank's notes were listed as worthless indicating that it did not end well. The exact timeline is blurred due to the existence of another Phoenix Bank in Charlestown which was also in operation during the same time period, leading to confusion in some newspaper accounts. This note is of the classic PSSP (Patent Stereotype Steel Plate) design and layout, long preferred and, during certain periods, even mandated for use by New England banks. This design remained in wide spread use for over three decades between the early 1800s and mid-1830s, with some holdouts using it even longer. PCGS Banknote mentions "as-made" paper wrinkling, often present on notes due to the nature of the printing process.
From The Charles River Collection
Auction Info
Tuesday US Currency Select Auction #142623 (go to Auction Home page)
Bidding Begins Approx.
June
2nd
Tuesday
Auction Dates
June
9th
Tuesday
Proxy Bidding Begins Approx.
37 Days
Internet/Mail Bids: N/A
Lot Tracking Activity: N/A
Page Views: 16
Auction Type
Tuesday Internet Currency: No Floor or Phone Bidding (Mail, Fax, Internet, and Heritage Live). 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. Check the Time Remaining on individual lots for details. These auctions are presented only online.
Tuesday Internet Currency: No Floor or Phone Bidding (Mail, Fax, Internet, and Heritage Live). 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. Check the Time Remaining on individual lots for details. These auctions are presented only online.
Sales Tax information
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Currency Grading Tutorial
Important information concerning Sales Tax and Resale Certificates. Learn More
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | Currency Grading Tutorial