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<p>[QUOTE=&quot;scottishmoney, post: 1685916, member: 12789&quot;]With obsoletes collector interest and of course what is available are the determinate factors in the price of a note.&nbsp; With these Bank of Michigan notes they are much more common as remainders than they are as issued notes.&nbsp; An original issued note in the same condition is going to go for more money in this instance.&nbsp; But conversely a bank that went bust and left lots of issued notes out there is going to be far more affordable for an issued note.&nbsp; With this particular bank I am not quite sure of the history other than knowing it has many remainders.&nbsp; Perhaps if another member has the Haxby reference they can recount some of the history of the bank.&nbsp; The current &quot;Bank of Michigan&quot; was founded in 1887 - so this earlier bank must have gone belly up during the Civil War era.</p><p><br /></p><p>Some of the most common notes from this era are from Canal Banking Co of New Orleans, that bank didn&#039;t go belly up - but has lots of remainder notes from the antebellum era - the bank survived the Civil War and is now part of BankOne.[/QUOTE]</p><p><br /></p>

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