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| 表面の説明 | The note is printed in green on plain paper stock. Along the left vertical border, a horizontal merchant inscription identifies K. Collins Kellogg as a dealer in dry goods in Lowville, N.Y. A small vignette at the lower right portrays a dog resting beside a safe, while a large numeral '50' guilloche countermark occupies the lower centre. The text 'BANK OF LOWVILLE' appears in large capitals across the upper portion, with the denomination 'FIFTY CTS.' printed vertically along the right border. |
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| 表面の銘文 | K. COLLINS KELLOGG Dealer in Dry Goods &c., Lowville N.Y. No._______ Lowville, N.Y. Oct, 1, 1862 BANK OF LOWVILLE, Pay the bearer FIFTY CENTS when like Checks are presented in sums of one or more Dollars. FIFTY CTS. |
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The Bank of Lowville was a private bank operating out of Lewis County, New York, and by 1862 the fractional currency shortage caused by Civil War hoarding had pushed countless small institutions — and even private merchants — into issuing their own scrip to keep commerce moving. Kellogg's 50-cent note belongs to that wave of necessity issues, produced when federal coin vanished from circulation almost overnight after the outbreak of hostilities.
The Kappen reference places this firmly in documented obsolete fractional territory, but Lewis County issues of this period are genuinely scarce survivors — most small-town scrip was redeemed aggressively once federal Postage Currency arrived in August 1862.