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The Indiana Cannelton 1854 $5 Perry County Bank IN-100 G4 Fine is a rare and historically significant banknote that provides collectors and enthusiasts with a fascinating glimpse into Indiana's financial history during the mid-19th century. Issued over a century and a half ago, this banknote bears witness to the economic landscape of Perry County and the enduring legacy of the Perry County Bank.
The design of the Indiana Cannelton 1854 $5 banknote is a testament to the artistic craftsmanship of the era. On the obverse side, an intricate vignette features a pastoral scene with a farmer plowing a field with oxen, a riverboat navigating the waterway, and a woman holding a sheaf of wheat. These images reflect the agricultural and river trade importance of the region during that period. At the center of the obverse, the denomination "FIVE" is prominently displayed in a decorative font, with the value spelled out in words below. The note also includes the bank's name, "Perry County Bank," and the location, "Cannelton, Ind.," emphasizing its place of origin. The reverse side of the banknote features additional intricate patterns and designs, with the words "The Perry County Bank Will Pay Five Dollars to Bearer" at the center. This statement reaffirms the note's value and its promise to pay the bearer upon presentation.
The 1854 $5 Perry County Bank note holds historical significance as it represents the financial institution's contribution to the local economy during a time when reliable currency was essential for trade and commerce. Perry County Bank, located in Cannelton, Indiana, played a crucial role in providing financial services to the community, facilitating transactions, and supporting economic growth.
Regarding mintage figures, it is important to note that banknotes like the Indiana Cannelton 1854 $5 Perry County Bank IN-100 were typically produced in limited quantities compared to modern currency. The exact mintage numbers for this particular banknote may be challenging to determine due to the decentralized nature of banknote issuance during the 19th century.
The physical condition of banknotes from this era can vary significantly due to factors such as circulation, handling, and preservation. The IN-100 banknote is graded as G4 Fine, indicating that it has seen moderate circulation and may display signs of wear, including creases, folds, and slight soiling. Despite these signs of use, the banknote remains intact and legible, preserving its historical and numismatic value.
The Indiana Cannelton 1854 $5 Perry County Bank IN-100 G4 Fine is a historically significant piece of Indiana's financial heritage. Its intricate design, limited mintage, and condition as a circulated banknote contribute to its appeal among collectors and historians. This banknote serves as a tangible link to the economic history of Perry County, Cannelton, and the role of the Perry County Bank in facilitating commerce during the mid-19th century.