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5 Dollars Central Bank of Pennsylvania

Uitgever Central Bank of Pennsylvania
Jaar 1858
Type Local banknote
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Opschrift voorzijde 5 V THE Central Bank of Pennsylvania Will pay FIVE DOLLARS to Bearer on demand. Hollidaysburg Sept. 1st 1858
Beschrijving keerzijde 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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Opmerkingen

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.

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