1615

Washington, D.C., The Bullion Bank, $2 remainder, July 4, 1862, plate A, PMG Gem UNC 65 EPQ.

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:280.00 USD Estimated At:350.00 - 500.00 USD
Washington, D.C., The Bullion Bank, $2 remainder, July 4, 1862, plate A, PMG Gem UNC 65 EPQ.
SOLD
Sign In To View Winning Bid
This item SOLD at 2023 Nov 03 @ 18:33UTC-4 : AST/EDT
By registering for our auction, you agree to the terms and conditions.
Washington, D.C., The Bullion Bank, $2 remainder, July 4, 1862, plate A, PMG Gem UNC 65 EPQ. Haxby-DC170-G22a. Well-cut and colorfully inked example of this beautifully designed deuce from the reconstituted Bullion Bank; scarcely seen in this Gem grade. The bank had an infamous beginning in 1862 when its bank officials were accused of fraudulently issuing money at full value yet redeeming it for significantly less, leading to the Chicago Tribune calling the new enterprise a "wildcat" bank to be avoided. In July, new leadership began issuing July 4, 1862-dated notes which the National Republican of DC called "beautifully executed" and were accepted by businesses throughout DC. Despite their best efforts to re-establish the bank in good standing, the bank still folded in December of 1862.
Please use this link to verify the certification number