1808 Hillsborough Bank 50 Cent Banknote - New Hampshire Obsolete - Early American Banknote - 1808 Fifty Cents Obsolete Note Amherst NH

This listing is for the photographed 1808 50 Cents Obsolete Banknote Issued by the Hillsborough Bank of Amherst NH. Issued on March 7th, 1808. The note reads “The President, Directors, and Company of the Hillsborough Bank promise to pay [Name] or bearer on demand, Fifty Cents, Amherst, Mar 7, 1808.” The note is signed by the bank’s cashier, Dave Holmes, and the bank’s president, Samuel Bell. This is one of the last issues of notes from this bank, adding to its rarity and value! This note is in great condition, making it a wonderful addition to any collection! This note is 217 years old this year! Choice of grade/condition. The Hillsborough Bank was founded on June 18, 1806, and capitalized with 50,000 dollars. The notes were printed using Jacob Perkins’s “Permanent Stereotype Steel Plate” that prevented forgery. The bank only lasted three years, as it extended its currency beyond its reserves, and the Embargo Act of 1807 stymied New England’s trade. When note holders came to collect th