Merchants and Planters Bank, Georgia, One Dollar - 1857 - Savannah, Georgia, USA
Includes an archival grade document sleeve. Origin: Savannah, Georgia, United States Authority: Merchants and Planters Bank Date: 1857 Denomination: 1 dollar Size: 7 x 3 inches Face Side: THE MERCHANTS AND PLANTERS BANK STATE OF GEORGIA Will Pay TO BEARER ONE DOLLAR to bearer on demand - Benjamin Franklin in bottom left, wagon loaded with cotton in center, train in bottom right Back Side: Blank (uniface) 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