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1 Dollar South Carolina Rail Road

Issuer South Carolina Rail Road Company
Year 1840-1870
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Value 1 Dollar (1 USD)
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Obverse description The face presents a horizontal format with circular guilloché panels bearing the word ONE at upper centre and lower left, and a rectangular guilloché panel with ONE at right. Two oval vignettes flank a central allegorical scene of a seated figure of Agriculture holding cut wheat stalks; a small round vignette at the far left shows a westbound steam locomotive. At centre left, an orange underprint panel carries a portrait of Abraham Lincoln, and a large red ONE underprint counter occupies the centre bottom, above the signature lines for President and Auditor. The issuer's title and place of issue are lettered across the upper portion of the note, with the denomination repeated in letterpress along the lower border.
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Reverse lettering ONE
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Comments

The South Carolina Rail Road Company was one of the earliest steam railways in the United States, having operated the first scheduled steam-powered passenger service on American soil in 1830. By the time these notes entered circulation, the railroad had already passed through receivership and reorganization more than once — the thirty-year date span on this issue reflects extended plate use across successive ownership structures rather than a single continuous issuance policy.

American Bank Note Company work from this period is generally clean and well-registered. The SH#662 reference places this squarely in the scrip-era issues common to southern transportation companies that acted as quasi-banks in regions underserved by chartered institutions.

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