Original hand signed 1855 “Five Dollars” bank note issued by “The Bank of Clarendon” at Fayetteville, North Carolina. The note has the hand inscribed serial number “2036” in brown ink with the plain back. 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 banking 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 store stated. Please see our "About Collectors Frame”, below the reviews on the front page, for more information on the framing and artifacts.
e3852
Product code: 1855 North Carolina Currency - store Fayetteville