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20 Dollars Central Bank of Virginia

Issuer Central Bank of Virginia
Year 1853
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Value 20 Dollars
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Obverse description The obverse is executed in fine intaglio engraving by Carpenter, Casilear & Co. of Philadelphia and New York. At left, a seated allegorical figure of Justice holds a balance scale; upper centre presents a vignette of a kneeling female harvester with cattle in a pastoral landscape, flanked by a standing armoured figure at upper left and a steam locomotive vignette at lower right. The denomination numeral "20" appears in ornate guilloche cartouches at both upper corners, with the bold central legend "CENTRAL BANK OF VIRGINIA / TWENTY DOLLARS" and the arc inscription "SECURED BY PLEDGE OF STATE SECURITIES" at top centre.
Obverse lettering THE CENTRAL BANK OF VIRGINIA Will pay TWENTY DOLLARS to Bearer on demand. STAUNTON ______ 185_
SECURED BY PLEDGE OF STATE SECURITIES
20
Cash.r
Treasurer
Carpenter, Casilear & Co. Phila. & New York
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Comments

Carpenter, Casilear & Co. operated briefly as a security printing partnership before its principals — including John W. Casilear, the engraver trained under Asher B. Durand — were absorbed into the American Bank Note Company upon its 1858 consolidation of the major New York and Philadelphia firms. Notes produced under the Carpenter, Casilear imprint therefore have a narrow issuance window, which helps date surviving examples with some confidence.

The Central Bank of Virginia was a Staunton-chartered institution, one of several Virginia state banks whose antebellum paper was rendered worthless by the Civil War. Notes from 1853 predating secession by nearly a decade but circulating into a period of profound monetary disruption are frequently found with condition issues tied to heavy wartime use.

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