1862 $3 Bullion Bank, Washington DC Obsolete Banknote PCGS62PPQ
Lot 1251
Washington, DC, The Bullion Bank $3 July 4, 1862 PMG 62 PPQ
Sold for US$ 257 inc. premium
Auction Details
1862 $3 Bullion Bank, Washington DC Obsolete Banknote PCGS62PPQ
Lot Details
Washington, DC, The Bullion Bank $3 July 4, 1862 PMG 62 PPQ
This bank failed several months later in 1862, and it is unlikely that any of these notes actually circulated. The statement on this note declares, "Will pay on demand Three dollars in United States Treasury Notes when Five dollars are presented." An uneven bottom margin is probably the grade-limiting factor.
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