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5 Dollars Augusta Insurance and Banking Co.
| Issuer | Augusta Insurance and Banking Co. |
|---|---|
| Year | 1860 |
| Type | Local banknote |
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| Obverse description | The obverse is divided into three vignette panels: at left, a male portrait accompanied by barrels with the denomination FIVE inscribed above; at centre, a scenic vignette of a man and woman overlooking a waterway with boats and a steam locomotive; at right, a profile portrait of a young girl with the numeral 5 above her likeness. The word FIVE appears in bold lettering both at the top and bottom of the note. |
|---|---|
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| Reverse description | The reverse is entirely unprinted, presenting plain paper stock with no vignettes, lettering, or decorative elements, consistent with the standard practice for many antebellum American state-chartered bank issues of the period. |
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| Comments |
Augusta Insurance and Banking Company was a Georgia-chartered institution that, like many Southern banks, placed its printing orders with the American Bank Note Company in New York well into the secession period — a practical irony that accelerated sharply after Fort Sumter, when such arrangements became impossible almost overnight. Notes dated 1860 sit at the very edge of that window.
Georgia state law at the time permitted insurance companies to conduct banking operations under a combined charter, which is why this issuer's name reads as it does — not an error or merger artifact.