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1860 $100 Farmers & Mechanics Bank, Savannah, Georgia
Farmers & Mechanics Bank
Savannah, Georgia
June 1st 1860


Common, scarce and rare obsolete U.S. currency (aka, broken bank notes) at Mintmark.com.

". . . Close to 3,000 real banks issued these notes, as did many fantasy banks (the latter existing only in the imagination of those who either induced leading bank-note printers to make currency for them or made their own). I don't recall when I acquired my very first piece of obsolete paper money, but it was probably about 1953 or 1954, soon after I had set myself up in a modest way as a dealer in rare coins and other numismatic items. From that time onward I would occasionally obtain old bills, not by deliberate search, but in the course of acquiring coin collections. Most numismatists, then and now, had a specialty or two, but also acquired odds and ends of interest. Accordingly, when I bought a collection of, say, American cents from 1793 onward, like as not I also got an armful of old books and auction catalogs, a few tokens and medals, and, sometimes, some old currency. In the 1960s and early 1970s I formed a fairly credible collection of the bank notes of New England, which was later auctioned by the Numismatic and Antiquarian Service Corporation of America (NASCA). Separately, in the 1970s I donated a fairly impressive display of $3 bills to the American Numismatic Association [ANA] Museum, where it can be studied today. Since then I've collected obsolete bills from New Hampshire as a serious specialty, and, apart from that, have selected examples from many other states. For me, a bill with a story is infinitely more interesting than one that simply has rarity as its main claim. Currency from the Owl Creek Bank, the Vermont Glass Factory, the Manual Labor Bank, and the nonexistent Bank of New England (Fairmount, Maine) are in this category. Most pleasing is that often such story notes were never redeemed or called in, and today they are neither rare or expensive . . ." — Obsolete Paper Money: Issued by Banks in the United States 1782-1866, by Q. David Bowers (foreward by Eric P. Newman)



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