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- Product ID: 21459
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The Maryland Hagerstown 1855 $5 Valley Bank MD245 G6 VF is a fascinating and historical piece of currency that provides collectors and enthusiasts with valuable insights into the economic history of Hagerstown during the mid-19th century. In Very Fine (VF) condition, this banknote is a testament to the craftsmanship of the era and the role of currency in facilitating trade and commerce.
The design of the Maryland Hagerstown 1855 $5 Valley Bank note reflects the artistic sensibilities of the time. On the obverse side, a central vignette captures a beautifully engraved portrait of a woman, possibly an allegorical representation. This imagery is surrounded by intricate patterns and ornate detailing, creating an aesthetically pleasing composition. The denomination "Five" is prominently displayed at the center of the obverse, with the value spelled out in words below. The note also includes the bank's name, "Valley Bank," and its location, "Hagerstown, Maryland," providing clarity regarding its origin. The reverse side of the banknote complements the overall design with additional patterns and ornamental elements. The text "The Valley Bank of Maryland Will Pay Five Dollars to the Bearer" is featured prominently, reaffirming the note's value and its promise to pay the bearer upon presentation.
The history of the Maryland Hagerstown 1855 $5 Valley Bank note is intertwined with the economic development of Hagerstown during the mid-19th century. The Valley Bank played a pivotal role in providing banking services to support trade, agriculture, and industry in the region. Its currency notes were instrumental in facilitating transactions and promoting economic growth.
Mintage figures for banknotes of this era can be challenging to ascertain with precision. However, it is important to note that banknotes like this one were typically produced in limited quantities compared to modern currency, contributing to their desirability among collectors.
The physical condition of the Maryland Hagerstown 1855 $5 Valley Bank MD245 G6 VF is described as Very Fine (VF). VF banknotes are characterized by moderate circulation and may exhibit signs of wear, including creases, folds, and slight soiling. Despite these signs of use, the note remains intact and legible, preserving its historical and numismatic value.
The Maryland Hagerstown 1855 $5 Valley Bank MD245 G6 VF is a captivating and beautifully crafted relic of Hagerstown's economic heritage. Its intricate design, historical significance, and VF condition make it a desirable collectible for those interested in the history of banking, commerce, and currency in the mid-19th century. This banknote serves as a tangible link to the role played by the Valley Bank in promoting economic growth and facilitating transactions in the region during that era.