Catalog
1 Dollar
| Issuer | Treasury of Liberia |
|---|---|
| Year | 1857-1864 |
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| Value | 1 Dollar |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Plain unprinted reverse on aged cream paper, showing fold lines and scattered foxing consistent with the note's mid-nineteenth century issue period; no printed design, text, or ornamental elements are present. |
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| Variants | P#7a - 25.04.1857 P#7b - year 18__ in plate 26.02.1862, 26.07.1862, 21.08.1862 & 26.02.1863 P#7c - year 186__ in plate 07.08.1863, 24.08.1863, 28.12.1863 & 18.02.1864 |
| Comments |
The Treasury of Liberia issued this note during one of the most financially precarious periods in the republic's early history. Liberia had no functioning central bank and chronically insufficient hard currency — these Treasury notes were essentially promissory instruments issued against revenues the government could not reliably collect. Counterfeiting was a persistent problem, and public confidence in paper money remained thin throughout the series run.
Pick 7 is among the genuinely rare survivors of nineteenth-century Liberian paper, with very few authenticated examples known. The American Colonization Society's declining influence over Liberian finances during this period meant the government was largely improvising its monetary arrangements.