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3 Dollars West River Bank - Vermont
| Issuer | West River Bank |
|---|---|
| Year | 1860 |
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| Currency | Dollar (1785-date) |
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| Obverse description | Upper left vignette bears a seated figure of Lady Justice, with a central top vignette of three cherubs grouped around three 1854 Seated Liberty silver dollar coins. The Vermont state seal occupies the upper right position, accompanied by a female allegorical figure. Counters appear at each corner, and a bold red letterpress "THREE" overprint runs across the face of the note. |
|---|---|
| Obverse lettering | STATE OF VERMONT The West River Bank Will pay THREE DOLLARS on demand to the bearer Jamaica, July 1st 18____ CASH PRES Rawdon, Wright, Hatch & Edson, New-York New England Bank Note Co. Boston. |
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| Comments |
The West River Bank was chartered in Jamaica, Vermont — a small Windham County town — and this note dates from the final years of the Free Banking era, just before the National Banking Acts of 1863–64 effectively killed off state-chartered currency. The reference to two printers reflects a transition: Rawdon, Wright, Hatch & Edson merged into the American Bank Note Company in 1858, so by 1860 the plates were being worked by New England Bank Note Company out of Boston.
Vermont state bank notes of this period are routinely undervalued relative to their scarcity. The West River Bank had limited capitalization and short circulation range, meaning surviving examples never turn up in large numbers.