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    St. Joseph, MI- The Commercial Bank of Michigan $5 Jan. 1, 1838 G8 Lee STJ-2-4
    $11,000 in circulation was issued before this bank went under in 1838 after less than a year in business. Today the notes are very rare; this is the same note we offered in our 2004 Orlando Signature auction where it realized $632.50 and is the plate note on page 417 in Lee's catalog. In fact, this is the only note we have been privileged to offer from this issuer. PCGS grades the note Apparent Very Fine 20 and notes minor stains and edge notches. For notes of this great rarity, such small imperfections are really irrelevant.
    From The Karl Mark Pall Collection

    View all of [The Karl Mark Pall Collection ]

    Auction Info

    Auction Dates
    Sep-Oct, 2013
    25th-1st Wednesday-Tuesday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
    Page Views: 279

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