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20 Dollars Eastern Bank of Alabama

发行方 Eastern Bank of Alabama
年份 1858
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材质 登录 以查看详情
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流通至 1868
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正面描述 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.
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背面描述 The reverse is unprinted, leaving the paper plain.
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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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