Washington, District of Columbia. Mercantile Bank. 1862 $1. PMG Choice

Washington, District of Columbia. Mercantile Bank. 1862 $1. PMG Choice About Uncirculated 58 EPQ. No. 1228. Plate A. A fraudulent concern from the 1860s. The Mercantile Bank was forcibly closed by the government and an estimated $120,000 in banknotes were found on premises after an estimated $60,000 had made its way to circulation. These notes are rather colorful and highly desired in the eyes of collectors. Estimate: $400 - $600. Provenance: From the Caine Collection.

Estimate:£181.22

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