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    Description

    Providence, RI- Phenix Bank of Providence $10 18__ G32 Durand 1819 Proof PMG Choice Uncirculated 64.
    This bank was a reincarnation of the Farmers and Mechanics Bank of Pawtucket that had failed in 1829. It was reorganized and moved to Providence where it opened under this name in 1833. It remained in business until 1865 when it became the Phenix National Bank of Providence. With the rarely seen imprint of Terry, Pelton & Co. Prov., this striking design features a very busy harbor and town scene and a vignette of Hope with an anchor. The large round denominational die is particularly eye catching. The note is printed on India paper with the usual POCs in the signature lines. PMG mentions a sliver of a hinge mount in the top margin on the back. This example served as the plate note for both Haxby and Durand. Very rare with not many to go around.
    From the Michael S. Tallent Collection


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    October, 2021
    6th-8th Wednesday-Friday
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