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3 Dollars Eastern Bank of Alabama
| Issuer | Eastern Bank of Alabama |
|---|---|
| Year | 1858 |
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| Currency | Dollar (1785-date) |
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| Obverse description | A large numeral 3 appears at the left, flanking the upper central vignette of 'General Marion's Sweet Potato Dinner,' a well-known patriotic scene after the painting by John Blake White. A vignette at the lower left shows an enslaved figure holding a bushel of cotton, while a portrait of Benjamin Franklin occupies the lower right corner. The note is dated March 15th, 1860, and was issued at Eufaula, Alabama. |
|---|---|
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| Reverse description | The reverse is plain, left unprinted as was typical of many obsolete American state bank issues of the antebellum period, with no vignettes, lettering, or decorative elements present. |
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| Comments |
The Eastern Bank of Alabama was chartered in 1856 and operated out of Eufaula, a prosperous cotton-trade town on the Chattahoochee River. Its lifespan was short — Alabama's banking system collapsed almost entirely during the Civil War, and most notes from these antebellum state-chartered institutions were rendered worthless by the mid-1860s. That brevity of circulation is part of why surviving pre-war Alabama obsoletes carry genuine scarcity today.
The American Bank Note Company, formed in 1858 through the consolidation of seven competing security printers, would have produced this note in its inaugural year of operation. Early ABNC output from 1858 often drew on plate inventories inherited from predecessor firms.