1862 Indian Head Bank 25 Cent Obsolete Banknote - Choose by Grade - Nashua New Hampshire White & Hall Fractional Merchant Scrip Note
1862 Indian Head Bank 25 Cent Obsolete Banknote - Choose by Grade - Nashua New Hampshire White & Hall Fractional Merchant Scrip Note
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This listing is for the photographed 1862 White and Hill 25 Cent Merchant Scrip Note Issued by the Indian Head Bank of Nashua NH. Dated October 1st, 1862. Signed and issued by the local Nashua Merchant White & Hall as a merchant scrip, an obsolete currency that acted similar to modern day coupons. The shop had an account with the Indian Head Bank of Nashua, New Hampshire, meaning that their merchant scrip currenct was backed by the bank, making these look very similar to typical obsolete banknotes from the period. Choice of Fine (F) or Very Fine (VF) grade/condition, great circulated notes! Interesting piece of history, perfect addition to any collection!
The Indian Head Bank building is still a historic building in downtown Nashua NH. From its inception in 1851, the bank moved locations several times throughout the city. It's final location (constructed 1924) stands at the corner of Main and Temple Street today.
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1862 Indian Head Bank 25 Cent Obsolete Banknote - Choose by Grade - Nashua New Hampshire White & Hall Fractional Merchant Scrip Note

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