​​
Featured Vid​eos
See More​​​​
​​
​​ ​​​
Social Media
Blog Feed

Stunning Mount Vernon Bank $3 Color Proof

By Brad Ciociola, Currency Specialist

Author: Brad Ciociola / Thursday, March 19, 2015 / Categories: Paper Money of the Week

One of the many standout notes from our upcoming Stack’s Bowers Galleries March Baltimore Currency Auction is lot #3123, a stunning $3 Color Proof from the Mount Vernon Bank of Boston, Massachusetts from The Peter Mayer Collection Part III.

The Mount Vernon Bank, named for the Virginia home of President George Washington, issued notes from 1860 to 1864. The bank later became the Mount Vernon National Bank of Boston, Charter #716.

Originally from the sale of the American Bank Note Company archives, this piece, Haxby MA-300 G6a, is printed in black with ornate green die counters and protector. The action-packed scene in the central vignette is a scarce depiction of the Revolutionary War Battle of Lexington. At right a vignette entitled “Ram Cartridge” depicts a Continental soldier loading his musket in battle. This rare design is known as a genuine note only in Proof form. Haxby does list a counterfeit of the design. This Proof is one of perhaps two known of the type and was sourced previously from the Tom Denly Collection. The only other example currently known was from the Schingoethe Collection.

This colorful note is graded Uncirculated and features four small punch cancellations in the signature panels. The note carries an estimate of $5,000 to $7,000. The live session of our March Baltimore Currency Auction begins with three sessions next Thursday, March 26 and concludes with the Internet session on Monday, March 30. View this and the entire sale at StacksBowers.com.