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20 Dollars Bank of New England at Goodspeed's Landing - Connecticut
| Issuer | Bank of New England at Goodspeed's Landing |
|---|---|
| Year | 1853-1865 |
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| Size | 190 × 80 mm |
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|---|---|
| Obverse lettering | XX 20 STATE OF CONNECTICUT No.__________A THE BANK OF NEW ENGLAND AT GOODSPEED'S LANDING ______________Pres Will pay to the bearer on demand TWENTY dollars 20 _____________________Cash EAST HADDAM, ____________18___ Danforth, Wright & Co. New York & Philad |
| Reverse description | Blank. |
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| Comments |
Goodspeed's Landing was a small steamboat stop on the Connecticut River in East Haddam — an improbable location for a chartered bank, and that was rather the point. Connecticut's free banking period produced dozens of institutions in rural outposts where regulatory scrutiny was thin and redemption inconvenient for note-holders traveling any distance. The Bank of New England at Goodspeed's Landing was among the more aggressively issued of these, with currency circulating well beyond the community it nominally served.
Danforth, Wright & Co. held New York and Philadelphia operations during this period, a transitional identity between earlier and later incarnations of the American Bank Note Company's constituent firms.