Catalog
10 Cents
| Issuer | Treasury of Liberia |
|---|---|
| Year | 1880 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette at upper centre portrays a sailing ship on water with a palm tree, enclosed within an oval frame surmounted by the legend REPUBLIC OF LIBERIA in arched letterpress. The denomination TEN CENTS is printed vertically in ornate lettering on both left and right borders. The body of the note carries a handwritten promise-to-pay text, date (Monrovia, Aug. 26, 1880), and two manuscript signatures below, with a small TEN CENTS underprint panel at lower left. |
|---|---|
| Obverse lettering | REPUBLIC OF LIBERIA RECEIVABLE FOR DUTIES ON DEMAND AT THE TREASURY DEPARTMENT THE TREASURER OF THE REPUBLIC OF LIBERIA WILL PAY TO BEARER TEN CENTS TEN CENTS |
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| Comments |
Liberia's Treasury notes of this period were issued under chronic fiscal strain — the government had defaulted on its British loans in 1874 and was operating on extremely limited resources through the 1880s. Small-denomination fractional notes like this one filled a gap left by the near-total absence of coin in everyday circulation, particularly outside Monrovia.
Pick 10 is genuinely rare. The series saw little collector attention for most of the twentieth century, and surviving examples in any condition are seldom offered.