After the end of the American Revolutionary War, the U.S. government struck coinage, but did not issue any official paper currency for circulation. This made everyday commerce difficult, as large transactions would be very cumbersome if completed solely with coins. Accordingly, private banks and institutions began to issue banknotes to ease commerce.
These notes are referred to as "Obsolete Currency" because they ceased circulating during the Civil War. Between 1810 and 1865, countless banks, railroads, states, canal companies and private merchants issued currency in many different denominations. Some are very colorful and all are historic: odd denominations include 2 cent, $1.50, $3, $4, etc.
During the Civil War, the various Confederate States issued their own banknotes to circulate alongside Confederate currency. Obsolete currency is some of the most attractive and historically interesting currency produced in this nation. Add some to your collection!
#140227: Cincinnati Post Notes. Uncut sheet of 4 notes.
#140226: Cincinnati Post Notes. Uncut sheet of 4 notes.
#123321: Hulm Ville, Pa., Farmers Bank of Bucks County (Philadelphia area). A magnificent quality four note sheet of these very early and scarce Pa. issues.
#123320: Hulm Ville, Pa., Farmers Bank of Bucks County., (Philadelphia area). A beautiful uncut sheet of three notes. The $50, $100 and interestingly a Post Note. Post Notes were left blank in the denomination area until actually issued. At that time they essentially became a circulating promissory note. This is an outstanding very early item from any Pa. bank, fantastic quality and very scarce.
#91597: Susquehanna Bank, Port Deposit. Maid ctr. Washington l. Lafayette r.
#207449: Port Deposit, Maryland. Susquehanna Bridge and Bank Co. PROOF on card stock. Payable at the bank's office in Louisville, Ky. Scarce. Shank # 102.12.16P.
#109977: The Frankfort Bank. Mercury, anchor, ships; blacksmith. Nice early note!
#133792: Mississippi & Alabama Rail Road Company., Brandon., Unloading of wagon.
#90106: Maryland State Colonization Society. For use at the government store in Harper, Maryland, Liberia--a freed slave colony. Rooster ctr. Pink paper. Contemporary reprint. Neat!
#206501: Manual Labor Bank. Very scarce PROOF on card stock. Has the normal hole punch cancellations. Pedigree to the Terry Robert Smith Collection.
#135907: Philadelphia, Mutual Credit Loan and Deposit Office., Has a very nice gutter fold error as well. Scarce.
#133518: Mississippi & Alabama Rail-Road Co., Brandon, Miss., Train in center with portraits of Marshall.
#109194: Mississippi & Alabama Real Estate Banking Co., Decatur. Cotton plant; semi-nude maiden at docks. Nice!
#109979: Georgia Lumber Co., Portland. Cherub; Vulcan, Mercury. Gorgeous!