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20 Dollars Eastern Bank of Alabama

Uitgever Eastern Bank of Alabama
Jaar 1858
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot 1868
Referentie(s) Log in om details te zien
Beschrijving voorzijde A central vignette of a steam locomotive in motion is flanked by large numeral 20 in each upper corner. At the lower left, a vignette of Lady Justice is shown holding scales and a sword, while a Bald Eagle occupies the lower right. The note bears printed text including the bank name, place of issue, and the imprint of the American Bank Note Company.
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde The reverse is unprinted, leaving the paper plain.
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
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Opmerkingen

The Eastern Bank of Alabama was chartered in Eufaula, a river town on the Chattahoochee that served as a cotton-shipping hub for the surrounding plantation economy. By 1858, Alabama had more than two dozen note-issuing banks, many of them thinly capitalized and operating on optimistic reserve ratios that would collapse within a few years. The Eastern Bank was among the more solvent of the state's antebellum institutions, but it did not survive the Civil War — Confederate monetary disruption and the postwar repudiation of Southern bank obligations rendered all such notes worthless by the mid-1860s.

The American Bank Note Company imprint places this note among the better-engraved issues of the period. ABNC had consolidated several competing engraving firms in 1858, the very year of this issue.

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