1816 $3 Owl Creek Bank of Ohio - OH-310-G14 - PMG VF 20 George Washington chain of leaves surrounds

chain of leaves surrounds

Ruler: Nicholas II

This note has issues

Nice no problem coin in its original capsule

1816 $3 Owl Creek Bank of Ohio - OH-310-G14 - PMG VF 20 George Washington chain of leaves surroundsThe Owl Creek Bank of Mount Vernon pretty well exemplifies the term, Wildcat Banking, despite having occurred before the term typically applies. Opened in 1816, by 1817 they had already been sued. While the bank was acquitted, part of that acquittal was the judgement that the notes didn't even constitute "money". One must imagine that while the owners were likely happy with the acquittal, any holders of the notes were less than thrilled.