The Bank of Washtenaw, One Dollar Note - March 9th, 1836 - Ann Arbor, Michigan, USA
Includes an archival grade document sleeve. Origin: Ann Arbor, Michigan, USA Authority: The Bank of Washtenaw Date: March 9th, 1836 Denomination: 1 Dollar Size: Approximately 7 x 3 inches Face Side: Native American man standing at left. Ceres and Liberty in center. Train pulling a coach with people at 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 photos—often, they were simply premade