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5 Dollars Bank of Commerce - Georgia

Issuer Bank of Commerce, Savannah, Georgia
Year 1857
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Shape Rectangular
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Obverse description The denomination in Roman numerals appears at upper left, with a vignette of a portrait of a young girl at left and allegorical figures at center. The word FIVE is overprinted in red letterpress at bottom center, with the issuing bank's name and payment obligation inscribed across the face.
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Reverse description The reverse is printed primarily in red and carries two lines of redemption text flanked by wavy rule borders at center, above a large ornate guilloché numeral FIVE rendered in red letterpress at lower center. The overall design is sparse, consistent with mid-19th century American obsolete bank note practice.
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Comments

Baldwin, Bald & Cousland operated under that name for only a brief window — the firm emerged from the earlier Baldwin & Gleason partnership and was absorbed into the American Bank Note Company at its 1858 consolidation, meaning this note dates from the printer's final active years. Georgia's antebellum banking sector was notoriously fragmented, with dozens of chartered institutions issuing competing notes of wildly uneven reliability. The Bank of Commerce in Savannah was among the more solvent, benefiting from the city's position as a major cotton export hub.

Southern notes printed in New York were common practice — the engraving infrastructure simply didn't exist locally at the scale required.

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