1851 Virginia Currency – Bank of the Valley – Obsolete Note - 5416

Description: An original hand signed 1851 “Fifty Dollars” note issued by “The Bank of the Valley in Virginia” headquartered in Winchester, Virginia. The bank had several branch offices; this one is hand signed “Charlestown” (now West Virginia). The note was hand inscribed with the serial number “70”. The higher denomination note is a scarce issue in any condition. Prior to the outbreak of the Civil War, the Federal government had issued currency only on a sporadic basis, choosing instead to rely on specie (gold and silver) to circulate as a median of exchange. Local institutions, to help alleviate periodic shortages of specie and to facilitate commerce, issued various types of paper money to be redeemed for coins at a later date. The success of these issues varied, with some institutions redeeming the majority of their currency, while others closed their doors and left their customers holding worthless pieces of paper. Private notes like this were still in use during the Civil War. The note will be shipped in a protective sleeve with a dated, hand signed Letter of Authenticity with a photograph of the currency above. All of the artifacts on our site are guaranteed to be original Civil War issue or as stated. Please see our "About” for more information on the framing and artifacts.

Price: 65 USD

Location: Fredericksburg, Virginia

End Time: 2024-10-03T12:10:05.000Z

Shipping Cost: N/A USD

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Return shipping will be paid by: Buyer

All returns accepted: Returns Accepted

Item must be returned within: 14 Days

Refund will be given as: Money Back