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3 Dollars South Carolina Rail Road

Issuer South Carolina Rail Road Company
Year 1840-1898
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Value 3 Dollars (3 USD)
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Obverse lettering Office of the South Carolina Rail Road Charleston S.C. Receivable as Three Dollars in all payments to the South Carolina Rail Road Company.
Reverse description Plain reverse on aged paper stock, with a large red Gothic-script overprint across the lower-centre field, likely a cancellation or redemption stamp, and a row of punch-hole cancellations along the bottom edge.
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Comments

The South Carolina Rail Road Company was among the earliest railroads in the United States, operating the first regularly scheduled steam-powered passenger service in the country beginning in 1830. By the time these notes were being issued, the railroad had passed through reorganization and the financial turbulence of Reconstruction, and corporate scrip of this kind served as a functional substitute for hard currency in transactions tied directly to the company's operations.

American Bank Note Company's involvement places the printing firmly in New York, regardless of any imprint language suggesting South Carolina.

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