CVC & Collectables presents the 1862 $2 Somerset & Worcester Saving Bank note, graded PMG AU 58 EPQ, represents a fascinating piece of regional banking history in the United States.
Somerset, situated in Montgomery County, Maryland, is a small town near the border with Washington, D.C., boasting a population of 1,216 as of the 2010 census. Despite its modest size, Somerset played a role in the local banking scene, as evidenced by this banknote.
Worcester County, on the other hand, holds a distinct position as the easternmost county in Maryland. With a population of 51,454 as of the 2010 census, it is a region rich in history and natural beauty. Named after Mary Arundell, the wife of Sir John Somerset, Worcester County is unique in that it borders the Atlantic Ocean and shares boundaries with both Delaware and Virginia.
The county seat of Worcester is Snow Hill, and it encompasses the entirety of Maryland’s ocean and tidewater coast, including popular tourist destinations such as Ocean City. Additionally, Worcester County is home to pristine natural habitats, including Assateague Island and the Pocomoke River and Swamp.
This banknote from the Somerset & Worcester Saving Bank serves as a tangible link to the financial history of these regions. Graded AU 58 EPQ by PMG, it represents a well-preserved artifact from a bygone era, offering insights into the economic landscape of 19th-century Maryland.
Currency Highlights:
- Sealed in an inert mylar currency holder certified by PMG.
- Graded About Uncirculated 55 by PMG
- Dated: 1862
- Type: Obsolete Currency
Delve into the historical intrigue of obsolete and Confederate currency from the United States at CVC & Collectables. Unearth a unique collection of currency that sheds light on the nation’s past and the diverse forms of money once used. Experience the legacy of the United States through this link: CVC & Collectables – Obsolete & Confederate Currency.
