Tag Archives: obsolete

5_1855_Charleston_South_Carolina_SC_Obsolete_Currency_Bank_Note_Bill_State_Bank_01_saim

$5 1855 Charleston South Carolina SC Obsolete Currency Bank Note Bill State Bank

$5 1855 Charleston South Carolina SC Obsolete Currency Bank Note Bill State Bank
$5 1855 Charleston South Carolina SC Obsolete Currency Bank Note Bill State Bank

$5 1855 Charleston South Carolina SC Obsolete Currency Bank Note Bill State Bank
This note is dated March 22, 1855. This note was issued by The State Bank of South Carolina. This is a tough to find issue! This bill is a must have for any collector of Obsolete Currency! All my items are exactly as described. Also feel free to browse my store for an extensive collection of National Bank Notes from all over the country! Thanks for looking and good luck! View more great items.
$5 1855 Charleston South Carolina SC Obsolete Currency Bank Note Bill State Bank
INA_South_Carolina_Rail_Road_2_Obsolete_Currency_Amazing_Quality_PCGS_68_PPQ_01_wvm

INA South Carolina Rail Road $2 Obsolete Currency Amazing Quality PCGS 68 PPQ

INA South Carolina Rail Road $2 Obsolete Currency Amazing Quality PCGS 68 PPQ
INA South Carolina Rail Road $2 Obsolete Currency Amazing Quality PCGS 68 PPQ

INA South Carolina Rail Road $2 Obsolete Currency Amazing Quality PCGS 68 PPQ
It belongs in one of the Finest Collections. A note on quality of Obsolete Bank Notes. Unlike regular US Government notes, bank notes were not printed on the finest of cotton-bond paper or with the best of inks. They were not meant to circulate for a long period of time or circulate throughout the nation. They usually circulated on a local or state level, and probably not more then a few years at best. They were printed on whatever paper was available at the time. On some notes one can see some of the wood or pulp chips in the paper. In some cases, they were printed on earlier notes that were no longer in use. The technology of acid-free paper was not there yet, as seen with some of our national historical documents, and paper was much scarcer than we can today imagine. These notes had to be printed on semi-wet or moist paper, or the ink would not properly adhere. They were very labor intensive, and were printed by hand, one side at a time. They would manually ink the press, place the damp sheet in it, and run the roller over it. The sheet would be hung to dry, and the same process of wetting and printing would be repeated for the reverse. In the case where more than one color was used, the process would have to be repeated for each color. Unpurified water was used in the wetting process, thereby introducing more minerals or impurities to the paper. As a consequence, many of these notes are very difficult to locate without discoloration, color bleeding or what looks like water staining, due to the wetting process. As if that was not enough, they were individually cut with scissors or crude cutting boards, making them very difficult to find with good margins, or the design itself not cut into it. When grading them today, the coloration, bleeding or some stains, do not deduct from the grade, for the great majority have these problems. Margins, alignment and condition of the paper itself are the main grading points. However, when finding some of these notes without many of the usual problems, one should recognize that it is not the norm. That is one of the reasons why I have virtually all of these notes certified. They get sealed in archival holders, minimizing the aging and toning effects by not being exposed to the elements, and it also gives the client reassurance as to its authenticity and grade. I have seen some very white and super clean examples, but, upon close examination, they were nothing more than modern reproductions. Powered by SixBit’s eCommerce Solution.
INA South Carolina Rail Road $2 Obsolete Currency Amazing Quality PCGS 68 PPQ
State_Bank_South_Carolina_10_Obsolete_Notes_Paper_Money_US_Obsolete_01_xf

State Bank, South Carolina $10 Obsolete Notes Paper Money US Obsolete

State Bank, South Carolina $10 Obsolete Notes Paper Money US Obsolete

State Bank, South Carolina $10 Obsolete Notes Paper Money US Obsolete
Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. This practice of “backing” notes with something of substance is the basis for the history of central banks backing their currencies in gold or silver. Today, most national currencies have no backing in precious metals or commodities and have value only by fiat. With the exception of non-circulating high-value or precious metal issues, coins are used for lower valued monetary units, while banknotes are used for higher values. Code of Hammurabi Law 100 c. 17551750 BC stipulated repayment of a loan by a debtor to a creditor on a schedule with a maturity date specified in written contractual terms. Law 122 stipulated that a depositor of gold, silver, or other chattel/movable property for safekeeping must present all articles and a signed contract of bailment to a notary before depositing the articles with a banker, and Law 123 stipulated that a banker was discharged of any liability from a contract of bailment if the notary denied the existence of the contract. Law 124 stipulated that a depositor with a notarized contract of bailment was entitled to redeem the entire value of their deposit, and Law 125 stipulated that a banker was liable for replacement of deposits stolen while in their possession. In China during the Han dynasty, promissory notes appeared in 118 BC and were made of leather. Rome may have used a durable lightweight substance as promissory notes in 57 AD which have been found in London. However, Carthage was purported to have issued bank notes on parchment or leather before 146 BC. Hence Carthage may be the oldest user of lightweight promissory notes. The first known banknote was first developed in China during the Tang and Song dynasties, starting in the 7th century. During the Yuan dynasty (12711368), banknotes were adopted by the Mongol Empire. In Europe, the concept of banknotes was first introduced during the 13th century by travelers such as Marco Polo, with European banknotes appearing in 1661 in Sweden. Counterfeiting, the forgery of banknotes, is an inherent challenge in issu Item ordered may not be exact piece shown. All original and authentic.
State Bank, South Carolina $10 Obsolete Notes Paper Money US Obsolete
RARE_No_S_1863_STATE_OF_SOUTH_CAROLINA_10_CENTS_OBSOLETE_BANKNOTE_01_qcju

RARE No S 1863 STATE OF SOUTH CAROLINA 10 CENTS OBSOLETE BANKNOTE

RARE No S 1863 STATE OF SOUTH CAROLINA 10 CENTS OBSOLETE BANKNOTE
RARE No S 1863 STATE OF SOUTH CAROLINA 10 CENTS OBSOLETE BANKNOTE

RARE No S 1863 STATE OF SOUTH CAROLINA 10 CENTS OBSOLETE BANKNOTE
It is never our intention to misrepresent items or listings, however mistakes and accidents do happen, and we ask for your understanding. If item details state that it is a bulk listing, then your item may not look identical to the pictures. Bulk items can be different, but still match their listing by description. If the item is a proof coin in a slab holder, be aware that proof coins can have haze or milk spots. This is not a coin defect but has occurred during the minting process or because of time spent inside the capsule or slab. If the item is for parts or restoration, it is not working, but has parts that could be useful to someone who does repairs or restoration. Box 634 Gilbert, SC 29054. Cost of packaging materials. Fuel surcharge for postal services. Even if separate orders are paid for on the same day. No alteration of item or item holder will be accepted for return. Return packaging must include. Original packaging and labels. (When applicable) intact original shrink wrap, 2×2 flip, or presentation, plastic, or acrylic case.
RARE No S 1863 STATE OF SOUTH CAROLINA 10 CENTS OBSOLETE BANKNOTE
10_1854_Newberry_South_Carolina_SC_Obsolete_Currency_Bank_Note_Bank_of_Newberry_01_ag

$10 1854 Newberry South Carolina SC Obsolete Currency Bank Note Bank of Newberry

$10 1854 Newberry South Carolina SC Obsolete Currency Bank Note Bank of Newberry
$10 1854 Newberry South Carolina SC Obsolete Currency Bank Note Bank of Newberry

$10 1854 Newberry South Carolina SC Obsolete Currency Bank Note Bank of Newberry
This note is dated June 5, 1854. This note was issued by The Bank of Newberry. This is a tough to find MA town. This bill is a must have for any collector of Obsolete Currency! All my items are exactly as described. Also feel free to browse my store for an extensive collection of National Bank Notes from all over the country! Thanks for looking and good luck! View more great items.
$10 1854 Newberry South Carolina SC Obsolete Currency Bank Note Bank of Newberry