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    Description

    Bridgeport, CT- Merchants Exchange Bank $1 18__ G2a Proof PMG Choice Uncirculated 64.
    The Merchants Exchange Bank was partially organized and actually had notes printed and delivered but never legally opened for business. Any signed notes on this bank were falsely filled in and fraudulently issued. The 1990 ABNCo Archives dispersal sale had nine $1-$2-$3-$5 sheets in lots 42, 43, 146, and 147 which were the red overall tint variety. It seems likely that the known population of $1s is therefore nine. About three or four of these have appeared in public auctions over the last thirty years. Tonight's offering has no repairs or discernable faults and has only a light maroon ABNCo property stamp on the back attesting to its provenance. It sports great vignettes of Ceres and a boilermaker as well as that of a train and has a lovely red overall tint with red and white 1-1-1 protectors. There are four of the usual small POCs in the signature spaces.


    Auction Info

    Auction Dates
    September, 2019
    4th-9th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 140

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