Boston, Massachusetts. $5 Original. Fr. 394. The Merchants NB. Charter #475. PMG Choice Uncirculated 63 Net. Ink Burn Repair.；Locating high-grade examples of these Original Series notes is a daunting task with all denominations considered. This Merchants National Bank of Boston Five Dollar note highlights this impressive design as nicely as we have seen. The inks are remarkable, with endless detail of the large left and right vignettes. The important back shows a large central vignette of the Landing of Columbus in equally impressive detail. Just a minor repair at the Presidents signature can be held against this note as every other technical aspect is stunning.
