Tuesday, June 24, 2014

Some Old Cold Hard Cash

$20 schillings bill from 1773
Recently I visited the Wells Fargo Museum in Downtown San Francisco not long go. The museum was great (Yes, I took many pics) but they had a cool exhibit of old money that was used back in the day. Here the pics of the old school cash.

From 1863 to 1935- National banks in the United States issued notes with their names and charter numbers on them. These notes were backed by bonds deposited by the federal government. Here are three examples;

Wells Fargo-1905
Georgia National Bank in Athens, Ga
National Bank of  San Mateo at Redwood City-1929
Here are some more examples:

Bank of Claredon (N.C.)-1807

$5 Gold Coin-1870. Congress charted nine national gold banks in California where the note could be exchanged for gold
Here is an only in San Francisco piece:

San Franciscan Joshua Norton declared himself Emperor of the United States in 1859. He printed his only script and residents and merchants accepted his script at face value.
Finally, I saw this and had to share it on this. This the oldest known check drawn on an American Financial Institution. It was written by an Owen Biddle on May 18th, 1782 for $857 and 82/90 dollars:


I wonder what it would be worth today.

20 comments:

  1. Wow! Amazing how paper money has changed over the years.

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  2. That's really interesting, especially the check from 1782. That was a lot of money back then.

    http://joycelansky.blogspot.com/2014/06/ww-world-cup-google-art.html

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  3. What an interesting collection, isnt blogging fun to be able to share and better yet, for us to be able to see things others see. The $10.00 Bill really does not look that old, they used some of the same graphics and text.

    Thanks for stopping by this week, I appreciate it. Enjoy the rest of the week.

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    1. You are welcome.

      Bogging is fun and you are so right. to share the things I see and to see what others have seen.

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  4. Awesome! Thanks for sharing!
    Happy Wordless Wednesday! :)

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    1. You are so welcome and thanks for stopping by.

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  5. Wow! nice to see the note's evolution! Thanks for sharing =) #WW

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  6. I agree interesting amazing how it changes even though you don't really notice it at the time ;-)

    Have a moneytastic week

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  7. Wow- those are cool to see!

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  8. Oh how very interesting! I wonder too what all of these would be worth today if anything. As you say it was backed by different things back then, but I'm sure they're worth something being how old they are. I have a few antiques I'm looking into now. It's a shame we have to sell them, but you know sign of the times. Thanks for sharing my friend. I always love your displays! hugs, Dolly (I only let my friends call me Dolly).

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    1. You are welcome.

      They are worth something. More than what they were worth back in day.

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  9. These are so interesting! And now I'm seriously intrigued by the guy that declared himself emperor... how have I never heard of that?

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    1. Emperor Joshua Norton was an interesting guy. He was a legend back in the day.

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  10. that's where i work! 420 montgomery. so glad you went to the museum.

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Love hearing comments on stuff. Please tell me what you think of the places I have been to. If you like them or not. I love comments.