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I have a certified copy of a bank note on Parliament paper...

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Question by barbiee
Submitted on 3/23/2004
Related FAQ: Paper Money Collecting FAQ
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I have a certified copy of a bank note on Parliament paper for the date December 1, 1861 for 10 cents from the Bank of Tennessee.  It reads "Bank of Tennessee will pay ten cents to Bearer Nashville, December 1st 1861. I was wondering if this is worth anything nowadays. I cant find any history about it either or why it was written at that time.  Info on that too will be appreciated.


Answer by Pete
Submitted on 3/24/2004
Rating: Not yet rated Rate this answer: Vote
Hi..well you have what technically is called a fractional scrip.They are issued during times of trouble that being here the Civil War.When hostilities started people would horrid gold,silver and copper coins.Scrip was issued so commerce would not stop.It does have value to collectors.The final value will depend on grade.Send me a scan front and back.I can come up with an estimate.Email me at marlofan@aol.com.

Pete


 

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