Early Paper Money of America / Massachusetts / 1799, etc. Essex Bank

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Last Updated: 2022-05-19

Early Paper Money of America (NNP Edition)|The Essex Bank was incorporated on June 18, 1799 to operate in Salem with an authorized capital from $100,000 to $400,000. Its debts including bank notes could not exceed twice its capital plus its specie deposits. Notes below $5 were prohibited.

$5 $6 $7 $8 $9 $10 $20 $30 $40 $50 $100

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