These rare non-valid notes from the 1792-1842 New Hampshire Bank are from our special purchase of a small hoard kept intact since the time they were made over two centuries ago. Before this stash came to light, only 17-32 of these counterfeit $10 bills were known to exist, according to the authoritative Whitman Encyclopedia of Obsolete Paper Money by Q. David Bowers. No genuine notes of this type are known to exist. Soon after issue, the signature of “Oliver Peabody” on these notes was found to be fictitious, and the Massachusetts forger who created these notes was convicted of a common law offense in 1806.
New Hampshire Bank was chartered by the state, opened for business in Portsmouth in 1792 and, for over a decade, was the only bank in New Hampshire. Though an 1802 fire destroyed the building and all records, the bank rebuilt and continued operating until its 50-year charter expired in 1842. Eleven different banks then occupied the facility in Portsmouth’s Market Square and, until 1998, this historic landmark was the oldest building in America continuously used as a bank.
Non-valid notes (including counterfeit and altered currency) as well as genuine notes of this age, rarity and historical interest are avidly collected. Don’t miss this opportunity to own a rare early American bank note!
- Year: 1801
- Product Type: Single Products