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1 Dollar Dayton Bank - Minnesota

Uitgever The Dayton Bank
Jaar 1853-1859
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Dollar (1785-date)
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
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In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde MINNESOTA THE DAYTON BANK will pay ONE DOLLAR to the bearer on demand. St. Paul, _____185__ SECURED BY THE PLEDGE OF PUBLIC STOCKS AND REAL ESTATE
Beschrijving keerzijde The reverse shows a show-through of the obverse design rendered in grey-blue tones, with the bank title "THE DAYTON BANK" and a large red "ONE" overprint visible in mirror image, consistent with a blank reverse bearing only the printed-through impression of the face elements.
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
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Opmerkingen

The Dayton Bank was chartered in Dayton, Minnesota Territory — a townsite platted on the Mississippi River in the mid-1850s during the speculative land boom that followed territorial organization. Many Minnesota frontier banks of this period were "wildcat" institutions in everything but legal standing: capitalized on land rather than specie, with redemption offices deliberately inconvenient to note-holders. Whether the Dayton Bank fell into that category is debatable, but the broader Minnesota free banking crisis of 1858–1860 swept away most of its contemporaries.

Danforth, Wright & Co. dissolved in 1858 when its principals merged into the newly formed American Bank Note Company.

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