Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
3 Dollars Eastern Bank of Alabama
| Issuer | Eastern Bank of Alabama |
|---|---|
| Year | 1858 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | NO. 8586 A 3 The EASTERN BANK OF ALABAMA Will pay THREE DOLLARS to bearer on demand EUFAULA March 15th, 1860 THREE AMERICAN BANK NOTE COMPANY THREE |
| 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. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| 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.