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    Description

    Lynchburg, VA- Merchants Bank of Virginia $7 Oct. 6, 1860 G6 J-L BL40-30 PMG Very Fine 20.
    The Merchants Bank of Virginia was one of a number of institutions that issued $6, $7, $8, and $9 notes. The purpose of these notes was to provide an alternative to low denomination notes for making change. So the person making a $3 purchase and paying with $10 could be presented with a $7 as change. These odd denominations are very popular and are extremely rare. This fully issued note, including the state treasurer's countersignature, is free of repairs or any meaningful condition impairments and should attract competitive bidding activity. The note's rarity is accentuated by the fact that we have only offered three modern proprietary proofs in the past.
    From the Aberon Collection of Virginia Obsolete Banknotes


    Auction Info

    Auction Dates
    July, 2020
    31st Friday
    Internet/Mail Bids: 16
    Lot Tracking Activity: N/A
    Page Views: 352

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