10 Dollars

The Mechanics Bank of St. John's, Newfoundland operated during a period when the island was still a British colony with no unified currency system — local private banks filled the gap, issuing their own notes in dollar denominations that floated uneasily against both Halifax currency and sterling. Whether this particular institution survived the banking panics of the late 1830s that wiped out several Maritime private banks is not firmly established in the surviving record.

Pick #1867 places this well outside the main catalog sequence, suggesting reclassification from an earlier numbering system. Newfoundland private bank paper from this decade is genuinely rare in any condition.