Some was even issued by manufacturing and retail companies. This money was backed by gold, silver, real estate, stocks, bonds, and a wide variety of other assets. You can no longer cash them in, but they are now worth often substantial sums as collectib
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Unenumeratedin the United States was privately issued. Boone County Bank note, Lebanon, Indiana 1858. "During this era the U.S. had no central bank and paper money was issued by a variety of private banks. <span>Some was even issued by manufacturing and retail companies. This money was backed by gold, silver, real estate, stocks, bonds, and a wide variety of other assets. You can no longer cash them in, but they are now worth often substantial sums as collectibles...the note designs were more varied and creative than modern money, and were remarkably free of politicians' faces." Source Bank of De Soto note, De Soto, Nebraska, 1863. Critics hav Summary
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