City of Omaha, Five Dollar Note - October 1, 1857 - Omaha, Nebraska, USA

City of Omaha, Five Dollar Note - October 1, 1857 - Omaha, Nebraska, USA

$299.99
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Includes an archival grade document sleeve. Origin: Omaha, Nebraska Territory, USA Authority: City of Omaha Date: -15430 Denomination: 5 Dollars Size: Approximately 7 x 3 inches Face Side: "City Property Pledged for Redemption of these Notes" - Sailing scene in upper left, woman's portrait in middle right, and vignette of an elk in bottom right. 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

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