Obsolete
or Broken Bank Notes are mid-19th
century paper money issues by
banks which became insolvent or defunct,
rendering the notes worthless as money.
Generally, the vast series of notes issued by
private banking institutions of many
kinds in the U.S. between 1790 and
1865.
Scrip is a currency
substitute entitling the bearer to redeem it for
cash, services,
merchandise, etc. |
