Warren County New York Fractional Currency and Bank Notes

At certain times of recessions or depressions the government authorized issuance of fractional currency or bank notes issued by local banks or governments. We recently received an interesting collection of such paper currency from Jack Kokoletsos. We thank Jack for his unusual donation.

 

Village of Glens Falls – ten cent fractional currency. 2022.009.001

 

This ten cent fractional currency was issued by the Corporation of the Village of Glens Falls on Oct 22, 1862 during the Civil War. Note that it is signed by Village Treasurer E. Benedict and Village President James Ferguson. Engraved by Lewis & Goodwin, Albany, NY.

 

 

 

Village of Glens Falls – twenty-five cent fractional currency. 2022.009.002

 

This twenty-five cent fractional currency was never issued by the Corporation of the Village of Glens Falls. It was dated from the Civil War era.  Note that the location for signatures was cancelled by hole punches on the currency where the authorized signatures would appear. Engraved by Lewis & Goodwin, Albany, NY.

 

Five Dollar Bank Note (front). 2022.009.003a

Five Dollar Bank Note (back). 2022.009.003b

This five dollar bank note was issued by the First National Bank of Glens Falls. It was National Currency secured by United States Bonds deposited with the United States Treasury. (Series 1929, serial number F000261A). The bank notes were issued issued right after the great stock market crash to prop up the banking system and keep the currency market afloat.

 

Two Dollar Bank Note. 2022.009.004

A two dollar bank note issued by The Commercial Bank of Glens Falls. No. 1839. Issued Sept. 21, 1864. J. Tayler, Register, F.A. Johnson, Cashier, Augustus Sherman, President. The note is secured by the pledge of public stock and real estate and registered in the Bank Department of State of New York.

 

Five Dollar Bank Note. 2022.009.005

This two dollar bank note issued by The Commercial Bank of Glens Falls. No. 3749. Issued Nov. 1, 1861. W. Durlin, Register, J. Scott, Cashier, Augustus Sherman, President. The note is secured by the pledge of public stock and real estate.

 

Five Dollar Bank Note. 2022.009.006a

 

Five Dollar Bank Note. 2022.009.006b

Five dollar bank note issued by The First National Bank of Glens Falls. Serial No. 26671. Benjamin Harrison picture on front. Landing of the Pilgrims on the reverse. Secured by United States Bonds or other securities. Bank employee’s signatures on front of note too weak to read.

edited by Tom Lynch, Collections Manager

contact: [email protected]

Source:   Jack Kokoletsos Collection # 90

Warren County NY Historical Society, 50 Gurney Lane, Queensbury, NY 12804

Phone: 518-743-0734

 

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