Discussion in 'Paper Money' started by Bradley Trotter, May 9, 2021.
Log in or Sign up to hide this ad.
Thank you, I've had the good fortune to find some of the other issues put out by the same bank as well.
They didn't have time one side was enough!!!!.
Interestingly enough, $5 notes from the 1857 emission have a printed reverse. Here's an example from my collection.
Interestingly enough, in 1857, it would seem that issues were arising from the mismanagement of state bonds. Apparently, some of the securities were "misplaced" and could not be accounted for. The bank later failed in 1859, leaving its currency emissions unredeemable.
The states did not have good credit and the bonds were often discounted in the market. But the backing requirement was based in the face value of the bonds notarket value.
Separate names with a comma.