LOT #95258 |
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New York, NY- Merchants Banking Co. $1 Post Note Apr. 4, 1840 Remainder PMG Very Fine 25.. ...
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Sold on Jul 27, 2025 for:
$174.00
Bid Source: Internet bidder
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Description
New York, NY- Merchants Banking Co. $1 Post Note Apr. 4, 1840 Remainder PMG Very Fine 25.The Merchants Banking Company was a fraudulent institution whose main business was issuing post notes. By 1840, the company was routinely listed in banknote tables as "doubtful." This $1, which was a four month post note, featured an early train vignette flanked by a vignette of Hope at left and two cherubs performing music in the end panel at right. The note also has a brown decorative back. This remainder lacks a cashier's signature.
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Auction Info
2025 July 27 Summer U.S. Currency Obsolete Banknotes Showcase Auction #62406 (go to Auction Home page)
Auction Dates
July, 2025
27th
Sunday
Internet/Mail Bids: 11
Lot Tracking Activity: N/A
Page Views: 88
Buyer's Premium per Lot:
20% of the successful bid per lot.
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