||Boston, MA - Bank of the Metropolis $2 Sept. 2, 1861 MA-290 G4a SENC. PCGS Very Fine 20. This is a rare and interesting title from Boston. There are no notes illustrated in Haxby, though the initial $1 note type from the title is priced. Amazingly, the Denly Boston collection boasted four different notes from the rare title, but not the $2 denomination offered here. A beautiful green tint covers nearly 75% of the note that was finely engraved by the American Banknote Company. At the top center is Franklin's portrait in an oval. At the lower left is the Massachusetts Auditor's seal. The right end shows very intricate lathe work, and the TWO denominations are spelled out three times. This bright and vivid example is superior to the fewer than ten issued notes of all types we know from the bank. The denomination is exceedingly rare with only one other known to us, plated in the new Whitman Encyclopedia: Volume 3 and also strongly held. This is a bold example with many appealing facets. Ex: Eric P. Newman Numismatic Education Society.
Realized $3,525.00. Newman VI (Heritage Auctions, 4/2015), lot 19116. Description courtesy of Heritage Auctions.