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Exchange Bank, Bangor, Maine, $5, Haxby G8 S.S. Central America Treasure [158897]

Currency:USD Category:Coins & Paper Money / Paper Money - United States Start Price:500.00 USD Estimated At:1,000.00 USD and UP
Exchange Bank, Bangor, Maine, $5, Haxby G8 S.S. Central America Treasure [158897]
SOLD
4,800.00USD+ (960.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Dec 03 @ 18:06UTC-8 : PST/AKDT
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In 2014, the crew recovered Purser Hull's safe at the S.S. Central America shipwreck. When they touched it with the recovery vehicle's arm, the iron shell dissipated into red dust, exposing the interior, where a pistol sat at the ready in case of trouble. In the safe were gold and silver coins, in some cases in bags. But there were also eleven pieces of currency, all what are known as "broken bank notes" today. This note, Exchange Bank, Bangor, Maine, $5, Haxby G8, is solid with no holes or pieces missing, yet heavily stained. As a $5 note, it was probably part of a cash payment for a ticket purchased dockside in New York. It is interesting that the purser chose to accept the note, since news would not quickly be forthcoming on a Maine bank, but it is entirely possible that an internal informational flyer was regularly distributed among banks and merchants that could delineate known bank failures.

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Provenance: SS Central America Collection