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    Phenix, RI- Phenix Village Bank $2 18__ as G4a as Durand 901 Proof PMG Gem Uncirculated 66 EPQ.
    The bank was incorporated in 1856 and remained in business until 1865 when it became the Phenix National Bank. This stunning brick-red and black note features a custom vignette of the town circa 1856 and a portrait of William B. Spencer, prominent local businessman and President of the bank. (This identification is based on a penciled name written in the left card margin). The red color is utilized for the borders, end panel, lower right counter, and TWO protector panels over the signature lines. The note is printed on India paper mounted on the original DW archive book card with the usual POCs in the signature lines but free of the huge cut out cancels that usually are present on issued notes from this bank. One example of this note appeared as part of a $1-$1-$2-$3 sheet (Lot 1815) in the 1990 ABNCo Archives sale. It is very likely that this note is the unique representative of this design in Proof form.
    From the Charles R. Pease, Jr. Collection, Part II

    View all of [The Charles R. Pease, Jr. Collection, Part II ]

    Auction Info

    Auction Dates
    April, 2020
    22nd-27th Wednesday-Monday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
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