Description: The 1856 Indiana Iron Works 5-cent note is a piece of merchant scrip issued by the Indiana Iron Works store in Indiana, Pennsylvania. During the mid-19th century, it was common for local businesses to issue their own currency, known as scrip, to facilitate transactions within their communities, especially in areas where official currency was scarce. Design and Features:Denomination: 5 cents.Issuing Entity: The Store at Indiana Iron Works.Date: January 1, 1856.Purpose: Redeemable for dry goods and groceries at the issuing store.Design Elements: The note features intricate artwork and printwork typical of the period, enhancing its aesthetic and historical value. Historical Context: In the 1850s, Indiana, Pennsylvania, was a burgeoning community with industries like iron works playing a pivotal role in its economy. The issuance of such scrip allowed businesses to maintain liquidity and foster local trade. These notes often circulated within a limited area and were accepted by local merchants, creating a micro-economy centered around the issuing business.
Price: 60 USD
Location: Seminole, Florida
End Time: 2024-12-19T02:13:37.000Z
Shipping Cost: N/A USD
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Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Denomination: 5c
Type: Banknotes
Grade: Ungraded
Country/Region of Manufacture: United States
Certification: Uncertified
