Private Bills

Discussion in 'Paper Money' started by zapdbf, Sep 3, 2006.

  1. zapdbf

    zapdbf New Member

    I have acquired a private made 3 dollar bill. i was wondering what anybody could tell me about it. i don't know much about paper money i usually only collect coins so my knowledge is limited in this area. My father collects post cards and in one lot he purchased he found this note and gave it to me, i was wondering if anyone could point me in the right direction if there is one.

    I am guessing that is could be rare based on where it came from. but because i believe desire to own is low it may not be worth much but i am not sure how this works for paper money.

    Any help would be appreciated

    http://www.zapdbf.com/3dolobv.jpg
    http://www.zapdbf.com/3dolrev.jpg
     
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  3. ajm229

    ajm229 Lincoln Cent Collector

    What does it say on the bottom left corner of the reverse? To me, that doesn't look like it could be real. But then again, what do I know?
     
  4. zapdbf

    zapdbf New Member

    it is illegible, I thought that with early currency anyone could make there own currency ? someone straighten me out if i am wrong.
     
  5. SCNuss

    SCNuss Senior Member

    I notice this also offers a discount for "Fine French Calf Boots", as I read it. Could this be some type of an in-store credit coupon?

    That writing on the reverse, bottom left, appears to be an ink transfer from the note this was laid on top of, and spells: Anderson. Or, it is a bleed-through from the front signature?
     
  6. satootoko

    satootoko Retired

    [​IMG]

    It's pretty obviously an advertisment/cents off coupon like you can find in your daily newspaper this morning - just tricked up to look like currency.
     
  7. johndo

    johndo New Member

    I sure dont know anything about paper money, but with what it saying This Bill is GOOD as it saves you TWO DOOLARS, by telling you where you can get a Fine French Calf Boot Made to Order for $8.00. Almost appears to be some kind of coupon or some type of advertising with money off
     
  8. SCNuss

    SCNuss Senior Member

    It is still an interesting collectable, and probably more rare than a lot of the currency of that era. It would be similar to the Civil War-era tokens, privately issued to use in place of actual currency.
     
  9. Old Silver

    Old Silver New Member

    Coupon or not, it's still a nice old piece of Americana. Got to be old, where else can you get a pair of boots made for $8.:)
     
  10. zapdbf

    zapdbf New Member

    Yes it could be but an advertisement, but what interests me is that i know private companies could issue their own currency and it is stating the act of may 10 th 1869. i believe as a reason for the legitimacy of this bill, but like i said i know very little about it.

    Answer this for me couldn’t a store issue money on it's own?
    Is there a catalog that shows privately issued bills?
    The Number on the bill does appear to be stamped
    Does anyone else here have an example of privately made bills ?
     
  11. samjimmy

    samjimmy New Member

    Advertising coupon/flyer made to look like a demand note from the time...
     

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  12. Conder101

    Conder101 Numismatist

    Just an advertisement, not even a coupon since you don't redeem it or even have to have it. It just advertises the propriator of the shop.

    As samjimmy says it was made to resemble a piece of real currency because it is very difficult for someone to avoid picking up and looking at something which their mind tells them is money. Even once they know it isn't, most people still find themselves reluctant to discard it.

    Zapbdf, back before about 1840 there were a lot of none governmental issues of paper money. Most of them were issued by banks, which usually required a state charter, but some were issed by railroads and large companies. These last two usually had a fair amount of capital to back their issues (but not always). I'm not sure if there were any individual stores that issued their own currency during the later period, but there may have been some issued by stores and private citizens back closer to the early 1800's.

    Sometimes you will find notes and even coins issued by a college or business school especially in the latter 19th century, but these were not intended to be actually used as currency but were used as classroom teaching aids in the business and accounting depts of the schools.
     
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