1864 50 cent The State of North Carolina, Raleigh NC VF

Currency Highlights:

• Housed in archival quality currency holder.
• Graded Very Fine
• 50 cents denomination.
• Face: Beautiful center vignette of a ship at sea at center, a bouquet of flowers at right, and a bold red "50 Cts" overprint.
• Back: Blank, common for the era.
• Cataloged as Haxby# NCCR149.

Protect your product from fingerprints by adding these cotton gloves to your order.

Own a rare piece of Reconstruction-era Southern history, this State of North Carolina 50-cent obsolete note is a one-of-a-kind relic ready to anchor your obsolete currency collection 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.