RI-27*

$50 Proof

Merchants Bank, Newport

1850s

The Merchants Bank was incorporated in 1817 and remained a state bank until its failure in 1902. This $50 design incorporates an exceptional nautical vignette of a steamer and a large sailing vessel in harbor at center, a vignette of a teacher and her students at left, and a vignette of an early locomotive and tender at right. Likely unique.