9100

Salem, NJ, The Salem & Philadelphia Manufacturing Company, $1, Crisp Almost Uncirculated.

Currency:USD Category:Collectibles Start Price:52.00 USD Estimated At:80.00 - 175.00 USD
Salem, NJ, The Salem & Philadelphia Manufacturing Company, $1, Crisp Almost Uncirculated.
Haxby NJ-495 G2 Superbly engraved and printed note by Rawdon, Wright & Co., New York. Mercury spills coins at the top center with portraits at each end. Hand dated 1828 and fully signed and issued. Interestingly, "Salem" is in very small print. This was for a good reason, whoever heard of Salem in 1828? By making this look more like a Philadelphia note, it would be easier to circulate. Unfortunately for holders of the notes then, the bank went bust leaving many worthless notes which today's collectors can enjoy for their beauty and historical merit.