In 1816, President James Madison authorized the establishment of the Second Bank of the United States. At the time, private banks were printing too much money, causing high inflation rates and creating the need for another state-run bank. A $100 bill from the Second Bank of the United States is available in the upcoming online currency event, presented by Heritage Auctions. The bill is decorated with a bald eagle, a shield, and a ship in the harbor.
Collectors will also find a $100 bill from New York’s Corn Exchange Bank among the auction’s lots. Decorating the bill are the personifications of agriculture, justice, and liberty standing in conversation. The Corn Exchange Bank was founded in 1853 and eventually merged with the Chemical Bank to form the Chemical Corn Exchange Bank. A note from the Chemical Bank is also one of the auction’s highlighted lots. The bill has a brick-red color and is printed with several images, including a family and two dogs playing. View each of the lots and register to bid on the Heritage Auctions website.
Lot Categories:Coins, Currency & Stamps
# of Lots:392
Price Range:$300 - $2,000
Interesting lots include:
|Item Image||Item Name||Estimate|
|Mount Holly, NJ- Mount Holly Bank $1 18||
|Philadelphia, PA- Bank of the United States (2nd) $100||
|Philadelphia, PA- Schuylkill Bank $1000||
|New York, NY- Corn Exchange Bank $100||
|New York, NY- Chemical Bank $1 18||
- Coins, Currency & Stamps
- American history
- Currency & Stamps
- Heritage Auctions
- Second Bank of U.S.
Important Summer Estates Auction: Day Two
Howard, Davis, & Dennison Company, which later came to be known as American Waltham Watch Company,...
The Spring Auction
A platinum ring with a Kashmir blue sapphire weighing 4.81 carats is featured in the upcoming...