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10 Cents Bishop's General Storehouse

Issuer Bishop's General Storehouse, Salt Lake City, Utah
Year 1898
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Value 10 Cents 0.10 USD = GBP 0.07
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Reverse description Central intaglio vignette of the Salt Lake City LDS Temple, rendered in fine line engraving and flanked by two large denomination counters each reading 10¢ within dark guilloche medallions. Cursive script lettering arcs above the temple vignette, and the issuer name appears in serif display type below. A fine geometric guilloche border frames the entire reverse.
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Signature(s) Wm. B. Preston
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Comments

Private scrip issued by the Church of Jesus Christ of Latter-day Saints through its storehouse system, which functioned as an internal welfare and distribution network for tithing-in-kind goods. The Bishop's Storehouse accepted produce, labor, and commodities from members in lieu of cash tithing, then issued fractional scrip to facilitate exchange within that closed economy. This note was signed by William B. Preston, who served as Presiding Bishop of the Church from 1884 to 1907 — his signature gave the paper its ecclesiastical authority rather than any banking one.

Aug. Gast Bank Note & Litho. Co. of St. Louis handled a substantial volume of commercial and institutional scrip printing in the late nineteenth century. Their involvement here is purely commercial; the design carries no federal monetary standing whatsoever.

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