Skip to main content
Go to accessibility notice

    Description

    Boston, MA- Howard Banking Company $5 Aug. 23, 1853 C8a Counterfeit
    An oval "COUNTERFEIT SUFFOLK BANK" rubber stamped notation is seen on the face of this note. As is often the case with those stamps, areas of ink erosion are noticed. The Suffolk Bank in Boston, open from 1825-58, served as a clearing house in New England and earned them considerable profits. It was the first of the region-wide bank note clearing systems and allowed notes to circulate at par, rather than at a discount as was often the case when a note circulated beyond the area it was issued from. In addition to counting and sorting money from various country banks, they also performed counterfeit detection and marked those bills that they declared to be counterfeits or altered notes. The directors of the Suffolk Bank were considered quite patriotic as they advanced considerable funds to assist the war effort during the early days of the Civil War. PCGS Very Good 10, with the Type 1 Santa vignette at the top center of the note.
    From The Roger H. Durand Santa Claus Collection


    View all of [The Roger H. Durand Santa Claus Collection ]

    Auction Info

    Auction Dates
    January, 2012
    5th-10th Thursday-Tuesday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 658

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2020 April 22 - 27 Central States World Currency Signature Auction - Chicago.

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 December 4 - 6 HKINF World Paper Money Signature Auction - Hong Kong
    2019 December 4 - 6 HKINF World Paper Money Signature Auction - Hong Kong
    REALIZED SO FAR $1,667,425