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5 Dollars State Bank, South Carolina
| Issuer | State Bank of South Carolina |
|---|---|
| Year | 1857 |
| Type | Log in to see details |
| Value | 5 Dollars (5 USD) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | FIVE (mirror image) |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Red mirror-image FIVE letterpress overprint on reverse, intended to deter counterfeiting by rendering fraudulent alteration of the denomination detectable. |
| Variants | Log in to see details |
| Comments |
Baldwin, Adams & Co. and Baldwin, Cousland & Co. were related firms operating out of New York and Philadelphia respectively during the 1850s — both descended from the same engraving lineage and often shared plate work, which accounts for the dual printer credit on notes from this series. The State Bank of South Carolina was one of the longer-lived state-chartered institutions in the antebellum South, surviving the various banking panics that eliminated competitors throughout the 1840s and 1850s.
By 1857, South Carolina's state banking system was operating under considerable pressure from the national debate over hard-money versus paper currency. This note circulated for only a few years before the Civil War disrupted all Southern banking and the State Bank wound down its operations.