When the banks that issued these bills failed, the money became worthless hence the name.
The term refers to privately issued paper currency that was issued in the United States between 18. Leach, Lyons, N.Y.” I’m curious about these too.-K.H.Īnswer: Your bills are known as broken bank notes. There are denominations of 50, 25, 5 and two denominations of 10 cents each, in that order, all attached to each other. Is this worth anything? Also, I have notes drawn on the Lyons, N.Y., Bank dated July 15, 1862. There are two signatures, neither of which I can interpret.
The date is either January or July 2, 1860.
It is signed and dated in ink, which is faded. Question: I have a $5 bill drawn on the Bank of Clarendon and with the state of North Carolina shown.
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