$5 1853 Obsolete Farmers & Exchange Bank Charleston SC
a FORERUNNER to the MONEY in YOUR POCKET
à Long before the United States government officially issued paper currency in 1861 with the introduction of Demand Notes, paper mediums of exchange existed. Among these were privately-issued and State-issued bank and scrip notes which typically circulated in a narrow radius from their point of release. These carried denominations from one-half cent to several thousand dollars.
Although the term ‘OBSOLETE’ refers to any form of paper money which has been outdated—and oftentimes extricated from circulation—collectors consider ‘OBSOLETE’ banknotes to be those issued by private banks, individuals, towns, or States. Nothing “backed” the banknotes and, in the era before rapid communication, bearers of these notes often held worthless pieces of paper after the issuing bank failed or went broke—hence the secondly most applied designation ‘BROKEN BANK NOTE.’
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This auction features hundreds of items of merchandise released from Loan Defaults, Overstock Clearance, Bankruptcy , plus Liquidation and Estate Merchandise. Please review the items in the various categories of jewelry, coins, art, & loose stones.
We try to have items shipped as soon as possible, but we ask that allow up to 10 business days for orders to go out. Please contact customer support 10 business days after purchase if you still do not have tracking information on your item.
Due to concerns regarding COVID-19, many of our facilities will be operating with limited staff. This may impact services such as shipping, customer service, etc.. We will be doing our best to ensure that everyone is taken care of in a timely manner and we thank you for your patience. We appreciate your business during these trying times.
We recently upgraded our software so you may notice some changes in the user interface. We are striving to improve the auction experience and site performance...please contact customer support with any questions!
This auction features hundreds of items of merchandise released from Loan Defaults, Overstock Clearance, Bankruptcy , plus Liquidation and Estate Merchandise. Please review the items in the various categories of jewelry, coins, art, & loose stones.
We try to have items shipped as soon as possible, but we ask that allow up to 10 business days for orders to go out. Please contact customer support 10 business days after purchase if you still do not have tracking information on your item.
Due to concerns regarding COVID-19, many of our facilities will be operating with limited staff. This may impact services such as shipping, customer service, etc.. We will be doing our best to ensure that everyone is taken care of in a timely manner and we thank you for your patience. We appreciate your business during these trying times.
United States