Collection PL

United States 1863 - Bank of the State of South Carolina 10c and 15c Uncut Sheet of 3

Uncut vertical sheet of three fractional notes from the Bank of the State of South Carolina in Charleston, dated February 1, 1863. The pane contains one 10 cents and two 15 cents notes. These pieces were issued during the Civil War coin shortage under the Act of February 1863 and were payable to bearer in current funds rather than in coin. ... Read more →

United States 1830s — Pennsylvania, Philadelphia — Penn Township Savings Institution 10 Cents Proof (Unlisted)

This engraved proof note was prepared for the Penn Township Savings Institution of Philadelphia, Pennsylvania, during the early 1830s. Rather than serving as circulating currency, the document represents a fractional savings deposit certificate issued by one of the many mutual savings institutions that emerged in American cities during the early nineteenth century. The text of the instrument reveals its purpose: a depositor places ten cents with the institution, which promises repayment with interest at two percent per annum, or redemption on demand once the accumulated balance reaches five dollars in current bank notes. ... Read more →