When I came across a nice group of historic 1836-1839 $10 Bank of the United States Notes, I knew I had to offer them to you. What an amazing first-time opportunity to own a scarce note backed by incredible history!
Proposed by Alexander Hamilton as a way to improve the nation's credit and streamline the government's financial business, the first Bank of the United States was established by Congress in 1791. It operated in Philadelphia until its 20-year federal charter lapsed in 1811. Just five years later, a second bank opened. But by the time its charter came up for renewal in 1836, President Andrew Jackson (who opposed a central bank) was in office. Jackson vetoed the re-charter, and the bank was dissolved.
As a way of continuing the institution, that same year former bank president Nicholas Biddle chartered the Bank of the United States of Pennsylvania. Though it held a state charter, the bank often dropped "of Pennsylvania" from its name – and even today, it's commonly called the "Third Bank of the United States." Before going bankrupt in 1841, Biddle's bank issued a variety of notes – including the historic pieces offered here.
Each uniface 1836-1839 note is hand-signed, and features the portraits of six prominent Americans along with a vignette of the bank building. Though most would have been redeemed and destroyed long ago, this group survived – and we have them available to you here in your choice of two attractive grades. We've hand selected each piece for quality, and all are certified by PCGS. Authentic notes from this bank are hard to come by today, and this is the first time we've been fortunate enough to offer these $10 issues! Add this important note with strong ties to our nation's financial past to your collection today.
- Year: Date Our Choice
- Denomination: $10
- Product Type: Single Products