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3 Dollars State Bank of Michigan
| Uitgever | State Bank of Michigan |
|---|---|
| Jaar | 1859 |
| Type | Log in om details te zien |
| Waarde | Log in om details te zien |
| Valuta | Log in om details te zien |
| Samenstelling | Log in om details te zien |
| Afmetingen | Log in om details te zien |
| Vorm | Log in om details te zien |
| Drukker | American Bank Note Company |
| Ontwerper(s) | Log in om details te zien |
| Graveur(s) | Log in om details te zien |
| In omloop tot | Log in om details te zien |
| Referentie(s) | Log in om details te zien |
| Beschrijving voorzijde | Log in om details te zien |
|---|---|
| Opschrift voorzijde | THE STATE BANK OF MICHIGAN Will pay to the Bearer Three Dollars ON DEMAND Detroit, _______ 18______ Cashier, President Lyman's Protection Bank Note on the right end. One Dollar covers one third of the paper. Two Dollars, one half. Three Dollars two thirds. Five Dollars, three fourths. AMERICAN BANK NOTE COMPANY SECURED BY PLEDGE OF PUBLIC STOCKS |
| Beschrijving keerzijde | Log in om details te zien |
| Opschrift keerzijde | Log in om details te zien |
| Handtekening(en) | Log in om details te zien |
| Beveiligingstype | Lyman's Protection overprint |
| Beschrijving beveiliging | Log in om details te zien |
| Varianten | Log in om details te zien |
| Opmerkingen |
Michigan's free banking era produced hundreds of short-lived institutions, but the State Bank of Michigan was a state-chartered entity operating under stricter oversight than the wildcat banks that plagued the region through the 1840s and 1850s. By 1859 the American Bank Note Company, recently consolidated from several competing security printers, was producing notes for dozens of Midwestern banks from its New York facilities.
The Lyman's Protection overprint — a patented geometric lathe-work screen applied over the note's face — was marketed specifically as a counterfeit deterrent, making chemical alteration and photographic reproduction visible. Its presence here suggests the issuing bank paid the additional premium for the security feature, not all customers did.