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50 Cents Mechanics Savings and Loan Association
| Uitgever | Mechanics' Savings and Loan Association |
|---|---|
| Jaar | 1862 |
| Type | Log in om details te zien |
| Waarde | Log in om details te zien |
| Valuta | Log in om details te zien |
| Samenstelling | Paper |
| Afmetingen | Log in om details te zien |
| Vorm | Log in om details te zien |
| Drukker | Log in om details te zien |
| Ontwerper(s) | Log in om details te zien |
| Graveur(s) | Log in om details te zien |
| In omloop tot | Log in om details te zien |
| Referentie(s) | Log in om details te zien |
| Beschrijving voorzijde | Plain typeset scrip note on aged paper, with the issuer's name 'MECHANICS' Savings & Loan Association' printed in bold letterpress across the upper portion, flanked on the left by a large '50' numeral and on the right by a second '50' in a different typographical style. Below, the date 'SAVANNAH, April 23, 1862' is set in italic type, followed by the full deposit certificate text in script and roman typefaces. The denomination 'FIFTY CENTS' appears in large display capitals across the centre, with manuscript serial number, two handwritten signatures, and a partially visible red overprint along the lower edge. |
|---|---|
| Opschrift voorzijde | Log in om details te zien |
| Beschrijving keerzijde | The reverse consists of the printed face of a reused host note — in this case, the back of an earlier bank bill, as was common practice for Civil War-era scrip issued on the reverse of obsolete banknotes from other institutions. |
| Opschrift keerzijde | Log in om details te zien |
| Handtekening(en) | Log in om details te zien |
| Beveiligingstype | Log in om details te zien |
| Beschrijving beveiliging | Log in om details te zien |
| Varianten | Log in om details te zien |
| Opmerkingen |
Mechanics' Savings and Loan Associations were a common fixture of antebellum Southern commercial life — mutual savings institutions serving tradesmen and small merchants who had little use for, or access to, formal banking. By 1862, the Confederate blockade had caused a catastrophic shortage of small-denomination coin throughout the South, and businesses, municipalities, and quasi-banking institutions flooded local circulation with fractional scrip to fill the gap. This note is one product of that scramble.
Savannah-printed fractional notes from 1862 survive in surprisingly varied states — the paper quality available to local printers that year was inconsistent, and many issues show significant foxing or brittleness along fold lines even in lightly circulated examples.