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Home > World Banknotes > American Banknotes > American States (Obsolete Banknotes) > USA 1 Dollar Bank of the Valley in Virginia - 18xx - Not issued

Banknote USA 1 Dollar Bank of the Valley in Virginia - 18xx - Not issued

Ref. : NCB11244
Product type
Banknote
Date/Year
1840
Country
USA
Quality
UNC
Face value
1 dollar
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Description

The one-dollar banknote from the Bank of the Valley in Virginia is an unissued note dating back to the 1840s. It is a historical artifact of the United States, testifying to a time when local banks had the power to issue their own currency.

The obverse of the note features several inscriptions in English. The face value "ONE" is repeated, as well as the name of the city "WINCHESTER" and the state "VIRGINIA". The issuing institution is clearly identified by the mention "THE BANK OF THE VALLEY IN VIRGINIA". A promise of payment is addressed to the bearer, stipulating that the bank undertakes to pay "ONE DOLLAR" on demand at its headquarters. The mention "ACCORDING TO ACT OF ASSEMBLY" indicates that the issuance of the note complies with the legislation in force.

The reverse of the note is uniface, meaning that it has no motifs or inscriptions. The printer, "Danforth, Underwood & Co, New York", is mentioned on this side.

The dimensions of the note are 184 mm in length and 80 mm in width. The scripts used are Latin and cursive Latin.

This unissued note is a document that offers an insight into the banking and monetary system in force in the United States in the mid-19th century. 

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