LOT Old Heritage Auctions  /  2008 APR Rosemont (CSNS) Currency #3500  / 

12774

Phillipsburgh, LC- The Phenix Bank $3 May 4,

Currency:USD Category:Coins & Paper Money Start Price:1,200.00 USD Estimated At:1,000.00 - 2,000.00 USD
Phillipsburgh, LC- The Phenix Bank $3 May 4,
<B>Phillipsburgh, LC- The Phenix Bank</B></I> $3 May 4, 1837 Ch. # 590-10-02-06<BR> This bank is thought to have been a spurious institution of the type that proliferated during the "Hard Times" period 1837-1839. Although certainly a Canadian issue, the note's use of the Vermont nomenclature was likely done to make people believe that the was from a U.S. bank and to facilitate circulation in Vermont as well. Charlton comments that "All [notes from here] are very rare." Charlton also indicates signed and issued threes as "Institutional collections only," but this is a signed and issued $3 which is available right now to the collecting fraternity. Nice <B>Fine-Very Fine.</B></I><BR><I>From The Thomas M. Flynn Collection</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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