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1862 Scrip of Geo. Hallock, Banker in Bath, NY 10 Cents CU

1862 Scrip of Geo. Hallock, Banker in Bath, NY 10 Cents CU

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$64.99

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Product Details
This note has beautiful engraving for a fractional scrip. This note is from the Safety Fund of George W. Hallock, banker in Bath, New York and is in Crisp Uncirculated condition.

Currency Highlights:
  • Housed in an archival quality currency sleeve.
  • Crisp Uncirculated condition.
  • Face: 10 cent denomination with engravings of an eagle and E Pluribus Unum at center.
  • Back: Intentionally left blank.

Handle your currency with care by adding these cotton gloves to your order.

Add this exceptional quality obsolete note to your cart today!

Obsolete bank notes are also called "broken bank notes." In the days prior to the Federal Reserve, any bank could produce currency for use by the clients and members of the community. Unfortunately, not many safeguards were taken to ensure that banks stood behind the currency they were producing and circulating. Banks, more often than not, failed and their currency was rendered worthless. As a result, most bank notes of the period did not trade at their full retail value. Oftentimes, notes were worth 50 cents on the dollar because the public expected the banks to fail.

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