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3 Dollars The New Hope Delaware Bridge Co. - New Jersey
| Issuer | The New Hope Delaware Bridge Company |
|---|---|
| Year | 1840 |
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| Shape | Rectangular |
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| Obverse description | Left border carries an intaglio vignette of a standing classical female figure; centre top bears a large guilloche medallion with the numeral "3" and the arc legend "THE NEW HOPE"; upper right presents an allegorical vignette of a robed woman borne aloft by an eagle. Ornate lathe-work borders frame the left and right margins, with denomination numeral "3" repeated at right. |
|---|---|
| Obverse lettering | THE NEW HOPE Delaware Bridge Compʸ Will pay Three Dollars to Bearer on demand Lambertville N.J. 18__ CHARTERED BY NEW JERSEY AND PENNSYLVANIA Cashʳ Presᵗ Durand & Compʸ New York |
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| Comments |
The New Hope Delaware Bridge Company spanned the Delaware River between New Hope, Pennsylvania and Lambertville, New Jersey — a toll crossing that generated enough daily commerce to justify issuing its own scrip. Bridge companies functioning as quasi-banks were not unusual in antebellum America, particularly in regions where chartered bank paper was scarce or distrusted. The company's notes circulated locally as a practical substitute, accepted by ferrymen, innkeepers, and tradespeople along the river road.
Durand & Company were active in New York bank note engraving through the 1840s before the consolidation of that industry eventually absorbed most smaller firms into the American Bank Note Company.