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| 正面铭文 | Countersigned & Registered STATE OF NEW YORK Comptroller 2 A 2 BANK OF WESTFIELD CHAUTAUQUE COUNTY Will Pay TWO DOLLARS On Demand to the bearer WESTFIELD April 4 1852 SECURED BY THE PLEDGE OF PUBLIC STOCK OF THE STATE OF N YORK CASH! PRES! Rawdon, Wright, Hatch & Elson New York. |
| 背面描述 | The reverse is plain, consisting of unprinted paper with no vignettes, lettering, or decorative elements. The note shows significant age-related wear, with pronounced foxing, creasing, and paper deterioration consistent with mid-nineteenth-century circulation. |
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The Bank of Westfield operated in Westfield, Chautauqua County, in the far southwestern corner of New York State — closer to Erie, Pennsylvania than to Albany. Like hundreds of similar state-chartered institutions operating under New York's Free Banking Act of 1838, it issued its own currency backed by deposited securities rather than specie reserves, a system that produced both genuine commerce and spectacular fraud depending on the bank in question.
Rawdon, Wright, Hatch & Edson — the firm's name is frequently misspelled "Elson" in secondary catalog sources — was among the most technically accomplished American bank note printers of the antebellum period, later absorbed into the American Bank Note Company in 1858.