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2 Dollar Bank of the Republic - Rhode Island
| Issuer | Bank of the Republic, Providence, Rhode Island |
|---|---|
| Year | 1855 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar (1785-date) |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TWO 2 RHODE ISLAND 2 THE BANK OF THE REPUBLIC A TWO DOLLARS PROVIDENCE American Bank Note Company New York. Aocetyn. Diaper, Welsh & Co |
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| Reverse lettering | H.W.R. |
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| Comments |
The Bank of the Republic was one of several Providence institutions chartered in the mid-nineteenth century during Rhode Island's rapid industrial expansion, when the state's textile manufacturing interests drove persistent demand for small-denomination commercial paper. A two-dollar note was a working note — payable to the bearer at the counter, used in wage transactions and retail commerce rather than interbank settlement.
The American Bank Note Company had consolidated from several earlier security printing firms in 1858, meaning a note dated 1855 would technically have been produced by one of its predecessor houses — most likely Danforth, Wright & Co. or a closely affiliated New York engraving firm operating under what became the ABNC umbrella. Attribution to "American Bank Note Company" on pre-1858 material is a cataloging convention, not a contemporary imprint.