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2 Dollars Mechanics Savings and Loan Association

Issuer Mechanics Savings & Loan Association
Year 1862
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Currency Dollar
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Obverse description Printed in orange-red letterpress on white paper, the obverse carries bold ornate guilloche underprint numerals '2' repeated across the field as the primary decorative underprint. The institution name 'MECHANICS Savings & Loan Association.' appears in bold letterpress at the top, below which the date 'Savannah, May 31st, 1862' is set in cursive script, followed by body text certifying a two-dollar deposit bearing four per cent interest payable to bearer in Treasury Notes. The denomination 'TWO DOLLARS' is repeated in large vertical letterpress along both the left and right borders, with a manuscript presidential signature in blue ink at the lower centre.
Obverse lettering $2. MECHANICS Savings & Loan Association. $2.
Savannah, May 31, 1862.
This Certificate Showeth, That Two Dollars have been deposited
bearing Four per cent. Interest, after thirty days notice, payable to bearer
on return of this Script, in Treasury Notes.
No. Pres't.
$2. TWO DOLLARS. $2. on the left side
TWO DOLLARS. on the right side
Reverse description The reverse is printed on repurposed pre-printed stock originally intended for another institution's notes, bearing engraved vignettes of a seated female figure and a barrel in a landscape setting. Partial legends reading 'THE STATE OF', 'FIVE DOLLARS', and fragmentary stockholder liability text appear twice across the width of the sheet, consistent with wartime Confederate scrip production practices of reusing available printed materials.
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