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10 Dollars Bank of New England at Goodspeed's Landing - Connecticut
| Issuer | Bank of New England at Goodspeed's Landing |
|---|---|
| Year | 1853-1865 |
| Type | Local banknote |
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| Obverse description | Roman numeral X in a circular lathework frame occupies the upper left, while a central vignette at the top depicts a riverboat and waterfront buildings in a landscape scene typical of mid-nineteenth-century American bank note engraving. A standing male figure appears at center right, with an Arabic numeral 10 counter at upper right and a seated girl vignette at lower right. |
|---|---|
| Obverse lettering | X 10 CONNECTICUT No.__________THE BANK OF NEW-ENGLAND AT GOODSPEED'S LANDING ______________Pres Will pay to the bearer on demand TEN dollars _____________________Cash EAST HADDAM, ____________18___ Danforth, Wright & Co. New York & Philad |
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| Comments |
Goodspeed's Landing was a small Connecticut River village in East Haddam — barely a dot on the map — which made the Bank of New England at Goodspeed's Landing one of the more geographically peculiar issuers in antebellum New England banking. Connecticut's free banking laws of the 1850s permitted exactly this kind of rural charter, and some of these small-town institutions existed primarily to issue notes against bond deposits rather than to service any meaningful local deposit base.
Danforth, Wright & Co. held the plate work, as they did for dozens of Connecticut charters in this period. The long issue window — over a decade — ended with the 1865 federal tax on state bank notes, which effectively killed circulation currency from all such institutions.