United States / Salem, MA 1830s-1840s PCGS Extremely Fine 40 DETAILS $2 (Cutout Cancelled)
Merchants Bank. Haxby states "Surviving Examples Not Confirmed" while Bowers states that surviving examples of this bank are rare, with the exception of Proofs (which this is not). Our estimate may prove conservative on this previously unreported piece. PCGS mentions "Piece Missing, Minor Edge Tear".