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3 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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Shape Rectangular
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Obverse description Portrait of a young woman at upper left, flanked by a central vignette of the steam paddler 'Granite State' accompanied by two other vessels on open water, engraved in the style typical of Danforth, Wright & Co. Three numeral counters bearing the denomination digit '3' are distributed across the face. The bank title, place of issue, and promise-to-pay text are set in letterpress above and below the central vignette.
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Reverse description Plain unprinted reverse, characteristic of many mid-nineteenth-century American obsolete state bank issues; the obverse design shows through slightly as a blind impression on the plain paper.
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Comments

Goodspeed's Landing was a small Connecticut River village — barely a hamlet — which made the Bank of New-England at Goodspeed's Landing one of the more improbably named institutions of the Free Banking era. Small-town Connecticut banks of this period were frequently chartered not to serve genuine local commerce but to maximize note issuance against minimal specie reserves, and many operated with little more than a counter and a safe.

Danforth, Wright & Co. held the plate work during the earlier part of the issue window, before their 1858 reorganization into the American Bank Note Company. Notes printed after that transition would have come from successor hands, which complicates attribution for undated examples in this series.

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