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Obsolete Currency/Michigan: Barry, MI, The Farmers Bank of Sandstone, $5, Choice About Extremely Fin

Currency:USD Category:Everything Else / Other Start Price:NA Estimated At:100.00 - 150.00 USD
Obsolete Currency/Michigan: Barry, MI, The Farmers Bank of Sandstone, $5, Choice About Extremely Fin
Barry, MI, The Farmers Bank of Sandstone, $5, Choice About Extremely Fine. Haxby MI-60-G8. A neat looking New England Bank Note Co. imprinted note from 1838 "Wildcat" banking Michigan. Michigan, in the 1830's, had the most insolvent and fraudulent banks per capita in the country. To make their notes acceptable, these swindlers hired the most expensive engraving firms in New York and Boston to print their notes. Today, collectors get to benefit from this fraud with some of the most lovely art available on banknotes. A great piece of history with an interesting title.