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1853 Georgia Currency – The Mechanics Bank – Augusta – Obsolete Note - 5397

Description: An original 1858 hand signed “Twenty Dollars” note issued by “The Mechanics Bank” in Augusta, Georgia. The note was printed by a New York engraver. The note is printed on one side only. The hand inscribed serial number is “792”. This bank opened in 1830 and closed its doors for the last time during the Civil War. From the “Banking History of Augusta – 1890”; Up to 1838 there was no uniform banking law in Georgia, but in that year a general act providing for the incorporation of banking institutions was passed. In the early part of the nineteenth century banking in Augusta, as elsewhere throughout the State, was conducted in a very loose and irregular way. It was then supposed one of the inalienable rights of the citizen to set up a bank at pleasure, issue such bills as he saw fit, and financier generally at his own good will. When the Civil War ended, the ante bellum banks of Augusta were practically wiped out of existence. The Mechanics' Bank was incorporated in 1830. The granite building erected by this bank still stands on the north side of Broad Street a few doors east of Washington Street. At the close of the war it was used as headquarters for the Federal post-commandant of Augusta. 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: 43 USD

Location: Fredericksburg, Virginia

End Time: 2024-10-03T10:49:10.000Z

Shipping Cost: N/A USD

Product Images

1853 Georgia Currency – The Mechanics Bank – Augusta – Obsolete Note - 53971853 Georgia Currency – The Mechanics Bank – Augusta – Obsolete Note - 5397

Item Specifics

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

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