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Obsolete Currency/Rhode Island: Gloucester, RI, The Farmers Exchange Bank, $10, Choice Almost Uncir

Currency:USD Category:Everything Else / Other Start Price:NA Estimated At:100.00 - 150.00 USD
Obsolete Currency/Rhode Island: Gloucester, RI, The Farmers Exchange Bank, $10,  Choice Almost Uncir
Gloucester, RI, The Farmers Exchange Bank, $10, Choice Almost Uncirculated. Haxby RI-120-G-22. Perkins Plate type with 1808 date and "TEN" across the center. A sharp condition example from this more available series. This bank went bust in 1808 setting off a large panic in the Northeast due to its extensive circulation. Banking regulations were adjusted and the public's confidence in banknotes was shattered due to this failure.