1861 North Western Bank, Warren, PA $2 PA-670 VF-20 PCGS

Currency Highlights:

• Notes will be housed in archival quality currency holders by PCGS.
• Note is certified Very Fine 20 by PCGS.
• Face: Features a striking herd of deer vignette, denomination dies in the upper corners, beehive motifs at lower left, and a finely engraved female portrait with wreath and veil at lower right.
• Back: Intentionally Blank.
• Cataloged as Haxby # PA-670-G4b.

With attractive period engraving, Civil War-era history, and PCGS certification, this scarce Pennsylvania obsolete banknote is an excellent addition to your collection. Add this authentic 1861 North Western Bank $2 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.