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5 Dollars Central Bank of Pennsylvania
| Issuer | Central Bank of Pennsylvania |
|---|---|
| Year | 1858 |
| Type | Log in to see details |
| Value | 5 Dollars (5 USD) |
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| Composition | Log in to see details |
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| Obverse description | At the left border, a vignette of Ceres seated with a harvest of grain; at center, a male figure stands within an ornate lathe-work letter V forming the denomination counter. At upper right, a pastoral vignette of a young boy alongside an older man with a dog; at lower right, an oval portrait vignette of a woman in three-quarter view. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Reverse is unprinted, presenting a plain paper surface with no vignettes, lettering, or ornamental work, consistent with mid-nineteenth-century American obsolete banknote practice. |
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| Comments |
The Central Bank of Pennsylvania was chartered in Hollidaysburg, Blair County — a town that owed its existence almost entirely to the Pennsylvania Canal and the Allegheny Portage Railroad. By 1858, both were in steep decline, undercut by the Pennsylvania Railroad. Danforth, Wright & Co. dissolved that same year, absorbed into the American Bank Note Company merger, making this one of the final note issues to carry their imprint.
Blair County wildcat banking activity in this period was substantial, and redemption at par was far from guaranteed for notes circulating far from Hollidaysburg.