Lot 702
$5 National Bank Note. Merchants NB, Salem, MA. Ch. 726. Fr. 467. PMG Very Fine 25. During the years 1864 and 1865, seven different banks would charter in Salem, with the Merchants NB being the sixth it was the only bank to last the entire National Banking era, but did not issue small size notes. This Brown Back Five has stamped signatures of Henry Batchelder as Cashier and George. R. Emmerton as President, with both men serving together from 1883 thorugh 1887. Estimated Value $750 - UP
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