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Montgomery, AL- Alabama Savings Bank $2 Certificate of Deposit Jan. 1, 1873 PMG Choice Uncirculated 63.. ...
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Description
Montgomery, AL- Alabama Savings Bank $2 Certificate of Deposit Jan. 1, 1873 PMG Choice Uncirculated 63.The bank was chartered in late 1864 and somehow managed to survive the aftermath of the Civil War, with notes from this series being issued circa 1873. This note is a certificate of deposit but was also payable to the bearer and undoubtedly circulated as currency, carefully skirting the law. Boldly printed by Continental Bank Note Company this note features a portrait of George Washington and has lovely green design elements and a decorative green back. PMG mentions evidence of previous mounting on the back.
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