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5 Dollars Augusta Insurance and Banking Co.
| Uitgever | Augusta Insurance and Banking Co. |
|---|---|
| Jaar | 1850 |
| Type | Log in om details te zien |
| Waarde | Log in om details te zien |
| Valuta | Dollar (1785-date) |
| Samenstelling | Log in om details te zien |
| Afmetingen | Log in om details te zien |
| Vorm | Log in om details te zien |
| Drukker | Log in om details te zien |
| 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 | The obverse is divided into five distinct vignette zones: at the far left, a portrait of a male figure framed by the word FIVE above and below; to the left of center, a profile bust of a helmeted male with a dragon crest and the numeral 5 above; at center, a scenic vignette of two female figures overlooking vessels on water; to the right of center, a matching helmeted male profile bust with dragon crest and numeral 5; at the far right, a standing female allegorical figure holding a sword in her right hand, also framed by the word FIVE above and below. Two manuscript signature lines appear in the lower portion, designated for the Cashier and President respectively. |
|---|---|
| Opschrift voorzijde | The Augusta Insurance and Banking Co State of Georgia Will pay to the bearer FIVE DOLLARS on demand AUGUSTA (month and day illegible, 1850) (signature line) Cash.r (signature line) Pres! |
| 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 | Log in om details te zien |
| Beschrijving beveiliging | Log in om details te zien |
| Varianten | Log in om details te zien |
| Opmerkingen |
Augusta Insurance and Banking Co. was a dual-charter institution — a structure common in antebellum Georgia, where banking privileges were sometimes bundled with insurance operations to ease legislative approval. The combined charter gave these firms flexibility that pure banking charters did not always permit, though it also meant their note circulation was occasionally viewed with suspicion by out-of-state merchants.
By 1850, Georgia's free banking environment had produced dozens of small-city issuers, many of which failed or merged within a decade. Augusta itself supported several competing note-issuing institutions simultaneously, which kept redemption pressure real and discount rates on individual issuers' paper in constant flux.