A proof of a $10 note for the Salem Bank (Massachusetts), featuring
an extremely rare “Charge of the Zouaves” vignette, will be among the
notes offered by Stack’s Bowers Galleries during its Oct. 30 paper
The note is one of the more than 600 lots from The Peter Mayer
Collection of Obsolete Bank Notes Part II. The late Mr. Mayer was
recognized as one of the hobby’s leading specialists in obsolete notes.
The rare vignette can only be found on this note and “the Hampden
Bank of North Castle, NY $2. The note is unique and is the Haxby
[Standard Catalog of United States Obsolete Bank Notes
1782-1866 by James A. Haxby] plate note,” according to the auction catalog.
The vignette depicts members of the 9th New York Volunteer Infantry.
They received their nickname, “Hawkins Zouaves,” based on their
commander’s name, Col. Rush Hawkins, and the fact their uniforms
resembled those used by Algerian mercenaries.
The Salem note is graded Uncirculated by the auction firm and has an
estimate of $12,500 to $17,500.
The auction will take place during the Oct. 30 to Nov. 2 Whitman
Coin & Collectibles Baltimore Expo at the Baltimore Convention
Center. For more information, go to the firm's website.