Heritage World Coin Auctions
FUN Signature Currency Sale 3552 5 January 2017
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Canadian Currency
Charlotte Town, PEI- The Bank of Prince Edward Island $2 Jan. 1, 1877 Ch. # 600-12-08. This is a denomination from the 1877 issue that we have offered only twice before. This bank was a successful and conservatively managed institution until a new cashier was appointed in 1876. Within a year, the bank became insolvent due to a series of large advances made by the cashier under false pretenses and by 1881 its doors had closed forever. PMG Very Good 10, with some minor residue and rust stains.
Estimate: 250-350 USD
Charlotte Town, PEI- The Bank of Prince Edward Island $2 Jan. 1, 1877 Ch. # 600-12-08. This is a denomination from the 1877 issue that we have offered only twice before. This bank was a successful and conservatively managed institution until a new cashier was appointed in 1876. Within a year, the bank became insolvent due to a series of large advances made by the cashier under false pretenses and by 1881 its doors had closed forever. PMG Very Good 10, with some minor residue and rust stains.
Estimate: 250-350 USD