1816 $3 Owl Creek Bank of Ohio - OH-310-G14 - PMG VF 20 George Washington Obverse Legend: SUID — AFRIKA
Description
Obverse Legend: SUID — AFRIKA • SOUTH AFRICA
We recently stumbled onto a deal of about half a dozen each of these sets which
monument and historical data
Morgan Dollar
Model 2 Grade 206 Manufactured 1901 Size 6s Jewels 7 Case Material Gold Filled
1816 $3 Owl Creek Bank of Ohio - OH-310-G14 - PMG VF 20 George Washington Obverse Legend: SUID — AFRIKAThe Owl Creek Bank of Mount Vernon pretty well exemplifies the term, Wildcat Banking, despite having occurred before the term typically applies. Opened in 1816, by 1817 they had already been sued. While the bank was acquitted, part of that acquittal was the judgement that the notes didn't even constitute "money". One must imagine that while the owners were likely happy with the acquittal, any holders of the notes were less than thrilled.
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