1862 $10.00 Richmond Virginia Treasury Note CU-64 EPQ PMG (CR-9)
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$399.99
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Any Quantity | $399.99 | $404.16 | $416.66 |
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Currency Highlights:
Add this interesting 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.
This beautiful $10 Richmond Virginia Treasury note is in Crisp Uncirculated-64 EPQ by PMG. It is an excellent addition to any collection!
Currency Highlights:
- $10 Treasury Note from Virginia.
- Note will be housed in an archival quality currency holder by PMG.
- Note is graded Choice Uncirculated 64 EPQ by PMG.
- (EPQ) Exceptional Paper Quality.
- Five dollars denomination.
- Catalog Virginia CR-9.
Add this interesting 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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