Bank of Augusta, One Dollar Note (Unissued) - c. 1845 - Augusta, Georgia, USA
Includes an archival grade document sleeve. Origin: Augusta, Georgia, USA Authority: The Bank of Augusta (this note was never signed or dated, meaning that it was not issued as currency) Date: c. 1845 Denomination: 1 Dollar Size: Approximately 7 x 3 inches Face Side: Central vignette of Liberty and eagle. Portrait of Benjamin Franklin, left. Back Side: Blank Notes: This is an example of obsolete paper money—a type of currency issued by thousands of American banks, companies, states, and other entites before the federal government began printing money during the Civil War. These notes were issued solely under the authority of the banks that printed them and lacked backing from precious metals or government guarantees. Commonly, such notes include phrases like "State of" or the name of a specific bank. If a bank that issued these notes failed, its notes quickly became worthless. Much of the imagery on these notes was essentially the 19th century version of clip art or stock photo