100 Dollars Silver Certificate of Deposit

Hawaii's 1895 Silver Certificate of Deposit series was issued just two years after the overthrow of Queen Lili'uokalani and the establishment of the short-lived Republic — a government that existed primarily to engineer annexation by the United States. The Department of Finance needed functioning currency to maintain economic credibility during that politically precarious interval, and the American Bank Note Company had already printed for the preceding Kingdom issues, making continuity of supply straightforward.

At the $100 denomination, these saw limited commercial velocity. Most movement was interbank or between larger merchants; ordinary retail trade never touched them. Survivors in any grade are genuinely uncommon, and the series as a whole was superseded when U.S. federal currency became the official medium following annexation in 1898 and territorial status in 1900.